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ForexBrokers.com Current Broker Rankings

Steven Hatzakis

Written by Steven Hatzakis
Edited by John Bringans, Jeff Anberg
Reviewed by Blain Reinkensmeyer

October 21, 2025
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Steven Hatzakis Steven Hatzakis

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. He is a forex industry expert and an active fintech and crypto researcher.

At ForexBrokers.com, we’ve been ranking and rating forex brokers since 2016 using the most rigorous, data-driven methodology in the industry. Our broker ratings are continuously updated throughout the year to reflect the latest changes in fees, range of investments, platforms, tools, regulatory licenses, and more.

These rankings reflect the evolving competitive landscape of the forex industry and highlight where each broker stands in the eyes of our editorial team. You can read more about how we test for our in-depth reviews and ratings.

Compare current forex broker ratings

Company Overall Rating Range of Investments Trading Fees Trading Platforms Research Education Mobile Trading Trust Score
IG logoIG
5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 99
Interactive Brokers logoInteractive Brokers
5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 99
Saxo logoSaxo
5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4/5 Stars 5/5 Stars 99
FOREX.com logoFOREX.com
5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 5/5 Stars 99
CMC Markets logoCMC Markets
5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 99
Charles Schwab logoCharles Schwab
5/5 Stars 5/5 Stars 4/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 99
XTB logoXTB
5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 96
City Index logoCity Index
5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 99
eToro logoeToro
4.5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 96
FXCM logoFXCM
4.5/5 Stars 3.5/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 4.5/5 Stars 95
Swissquote logoSwissquote
4.5/5 Stars 5/5 Stars 3.5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4.5/5 Stars 99
Capital.com logoCapital.com
4.5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 87
OANDA logoOANDA
4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 5/5 Stars 4/5 Stars 5/5 Stars 93
Plus500 logoPlus500
4.5/5 Stars 4.5/5 Stars 4.0/5 Stars 4.5/5 Stars 4.0/5 Stars 4.0/5 Stars 4.5/5 Stars 99
AvaTrade logoAvaTrade
4.5/5 Stars 4/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 94
XM Group logoXM Group
4.5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 93
Pepperstone logoPepperstone
4.5/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 95
Tradu logoTradu
4.5/5 Stars 5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 4/5 Stars 95
FP Markets logoFP Markets
4.5/5 Stars 4.5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 89
FxPro logoFxPro
4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4.5/5 Stars 93
IC Markets logoIC Markets
4.5/5 Stars 4.5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 84
BlackBull Markets logoBlackBull Markets
4.5/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 78
Tickmill logoTickmill
4.5/5 Stars 3.5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 86
Vantage logoVantage
4/5 Stars 3.5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 90
Trading 212 logoTrading 212
4/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 80
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
4/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 86
HFM logoHFM
4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 86
ActivTrades logoActivTrades
4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 81
Questrade logoQuestrade
4/5 Stars 5/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 86
Eightcap logoEightcap
4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 87
Exness logoExness
4.0/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 81
Spreadex logoSpreadex
4/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 71
IFC Markets logoIFC Markets
4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 73
Octa logoOcta
4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 72
IUX logoIUX
3.5/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3/5 Stars 3/5 Stars 3.5/5 Stars 78

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About the Editorial Team

Steven Hatzakis

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

John Bringans

John Bringans is the Managing Editor at ForexBrokers.com. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

Jeff Anberg

Jeff Anberg is a Senior Editor at ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s Degree in English Literature with a minor in Philosophy from San Francisco State University.

Blain Reinkensmeyer

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

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