Most Trusted Forex Brokers
Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables. We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs.
We also review each broker’s regulatory status; this research helps us determine whether you should trust the broker to keep your money safe. As part of this effort, we track 100+ international regulatory agencies to power our proprietary Trust Score rating system.
Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on ForexBrokers.com. Learn more about how we test.
Forex brokers that are licensed within reputable regulatory jurisdictions are, in many cases, mandated to protect your funds, ensure fair trade execution, and comply with strict accountability standards. Regulatory oversight varies widely across international jurisdictions, so choosing a well-regulated broker is crucial – regardless of where you live.
I've been trading forex for over 25 years and reviewing forex brokers for ten years. I also helped created the proprietary ForexBrokers.com Trust Score rating system, which tracks over 100 global regulators and identifies brokers that meet the strictest, most stringent regulatory compliance requirements. In this guide, I’ll share my data-based picks for the most trusted forex brokers in the industry.
Most trusted forex brokers
Trust Score is a powerful, proprietary rating system that allows traders to get an insight into a broker’s overall trust rating. Based on our own extensive research and data collection, Trust Score produces an individual numerical rating for each broker based on a range of data-driven variables.
- Minimum Deposit: ÂŁ1
- Trust Score: 99
- Tradeable Symbols (Total): 19537
IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets. Read full review
- #1 Overall Broker in our ForexBrokers.com 2026 Awards.
- Highest Trust Score in 2026; most trusted forex broker.
- tastyfx brings IG access to U.S. forex traders.
- IG’s web platform requires some manual setup.
- MT5 is not available on IG.
- Only ~80 symbols available via MetaTrader.
- IG’s DailyFX news and research site has been discontinued.
- Minimum Deposit: $1000
- Trust Score: 99
- Tradeable Symbols (Total): 472
Traders choose Swissquote for its quality research and vast multi-asset offering – as long as they are willing to pay a premium to have their brokerage account held with a Swiss bank. Read full review
- Operates three banks and provides the benefits of a Swiss account.
- CXFD platform features TradingView charts and smooth HTML5.
- Offers full MetaTrader suite with Master Edition add-ons.
- SQX exchange supports 52 crypto assets and 4 staking options.
- Forex and eTrading assets are split across separate platforms.
- Swissquote doesn't publish average spreads, and costs remain high.
- CXFD platform lacks integrated news and Trading Central is MT-only.
- Desktop version of Advanced Trader has been discontinued.
- Minimum Deposit: $0
- Trust Score: 99
- Tradeable Symbols (Total): 71000
Saxo is an exclusive multi-asset broker with brilliant research and a superb trading platform experience – as well as a stunning selection of over 40,000 securities. Read full review
- 70,000+ instruments including forex options.
- SaxoTraderGo has advanced tools and a clean interface.
- Offers algo orders, risk tools, and execution by order size.
- TradingView implementation supports Pine Script and API trading.
- No progress tracking or quizzes in education content.
- Platinum and VIP accounts have high deposit requirements.
- SaxoTraderPRO lacks quick-start layouts.
- Can’t drag-to-edit orders on SaxoTraderGo charts.
- Minimum Deposit: $100
- Trust Score: 99
- Tradeable Symbols (Total): 5500
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader. Read full review
- Trading Academy is great for all experience levels.
- Advanced charting through TradingView with 5,500+ symbols.
- Pro-grade trading tools on web and desktop.
- Spreads are higher than other low-cost brokers.
- Pricing is average unless you qualify for active trader discounts.
- Stock and futures trading require a separate StoneXone account.
- Minimum Deposit: €50
- Trust Score: 99
- Tradeable Symbols (Total): 5500
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering. Read full review
- Beginner-friendly web platform with clean interface and free demo account.
- +Insights tool combines data from Trading Central and FactSet.
- Consistent charting experience across web and mobile platforms.
- Offers share and futures trading via Plus500 Invest and Futures.
- Platform lacks advanced tools for active traders.
- EUR/USD spreads averaged 1.3 pips in May 2025.
- No integrated news headlines across platforms.
- Research and video content lack depth and frequency.
- Minimum Deposit: $0
- Trust Score: 99
- Tradeable Symbols (Total): 8500
Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite. Read full review
- Access 150 markets in 34 countries; 28 base currencies.
- TradingView launched for both manual and algo traders.
- TWS desktop offers powerful tools for advanced strategies.
- New IBKR InvestMentor app offers beginner-friendly finance courses.
- TWS platform is overwhelming for beginners.
- No MetaTrader suite or copy trading tools available.
- $2 minimum commission can be costly for small trade sizes.
- Minimum Deposit: $0
- Trust Score: 99
- Tradeable Symbols (Total): 40000
Charles Schwab is a highly trusted financial institution and multi-asset broker catering to U.S.-based and international forex traders. Schwab's award-winning thinkorswim platform offers over 70 tradeable currency pairs alongside impressive tools, research, and education. That said, the broker’s forex offering is still largely limited to what is available on thinkorswim. Read full review
- thinkorswim supports advanced forex trading.
- Multi-asset access with 40,000+ tradeable symbols.
- Live webinars and strong educational content.
- Forex trading only available on thinkorswim and to U.S. residents.
- No trading signals or copy trading.
- Forex-specific education is limited.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FAQs
What is Trust Score?
Trust Score is a powerful proprietary algorithm developed by the ForexBrokers.com research team that allows traders to get an at-a-glance rating of a broker’s overall trust. Based on extensive research and hand-collected data, each broker covered by ForexBrokers.com receives a Trust Score – an individual numerical rating based on a range of data-driven variables. Trust Score Ratings range from 1 to 99 (the higher a broker’s Trust Score, the better).
A number of unique data-driven variables are factored into each broker’s Trust Score. These variables include (but are not limited to):
- Total years in business.
- Corporate structure (Is the firm publicly traded? Is it a bank?).
- Number (and quality) of held regulatory licenses.
ForexBrokers.com Overall Rankings
Now that you've seen our picks for the best brokers on this guide, check out ForexBrokers.com's overall broker rankings. We've evaluated over 60 forex brokers, using a testing methodology that's based on 100+ data-driven variables and thousands of data points. Also take a look at our full-length, in-depth forex broker reviews.
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Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.



















