Broker profiles
Facts first: who regulates each broker, how your money is protected, and what trading actually costs per lot. No rankings and no “best broker” lists, just what you need to make your own choice.
Which regulators license the firm, which company you would actually be a client of, and whether the licence checks out on the public register.
Learn moreSegregated client money, negative balance protection and any compensation scheme that applies if the firm fails.
Learn moreSpread plus commission per standard lot at busy hours, swap on held positions, and the fees that are easy to miss.
Learn moreHow orders are filled, what the execution policy says, and how slippage and requotes are handled.
Learn moreWhich platforms are offered, how stable they are, and whether the tools suit beginners or active traders.
Learn moreMethods, fees, processing times and what the terms say about getting your money out.
Learn moreStrictly regulated
An Estonian-owned CFD and forex broker with licensed companies in the UK, Cyprus, Kenya and the Seychelles. International clients usually join the Seychelles company, which offers leverage up to 1:1000 and a $25 minimum deposit.
Offshore registration only
A long-running forex and CFD brand, founded in 1998, now operated by Parlance Trading Ltd in the Comoros. Its only stated licence is from the Mwali International Services Authority, which we could not confirm, so we list no regulator.
Offshore registration only
A forex and CFD broker operating since 2007 through companies in the Comoros, the Cook Islands and St Vincent and the Grenadines. Its only stated licence is from the Mwali International Services Authority, which we could not confirm, so we list no regulator.
Strictly regulated
A CFD and forex broker with licensed companies in Ireland, Australia, Japan, Abu Dhabi, Kenya and South Africa, and a BVI company behind its global site. Which company you join, and your protection, depends on where you live.
Strictly regulated
An Australian CFD and forex broker founded in 2007, with licensed companies in Australia, the UK, Cyprus and Dubai. International clients join AxiTrader LLC in St Vincent and the Grenadines, which holds no financial licence and offers leverage up to 1:1000.
Offshore registration only
CFD broker run by AYA Markets (Comoros) Ltd, a company registered in Comoros. It says it is licensed by the Mwali International Services Authority (MISA); we could not confirm the licence on MISA's register, so we list no confirmed regulator.
Regulated
A forex and CFD brand whose client agreement is with a company registered in St Vincent and the Grenadines. A group company, Capitalxtend (Mauritius) LLC, holds an FSC Mauritius investment dealer licence. Accounts start at $12 and some offer "unlimited" leverage.
Regulated
A CFD broker whose global client agreement is with CGTrade LC Limited, a company registered in Saint Lucia. Group companies hold an FSC Mauritius investment dealer licence and an Australian licence for wholesale clients only. A UAE licence it displays could not be confirmed.
Strictly regulated
A London-listed group with separately licensed companies in the UK, Germany, Australia, Singapore, Canada, New Zealand and Dubai. Which company you join, and the protection you get, depends on where you live.
Regulated
A multi-entity forex and CFD brand with an FSCA-authorised company in South Africa, an offshore Belize FSC licence for international clients and a UAE company licensed only to introduce and promote. Leverage goes up to 1:1000.
Offshore registration only
An MT4 and MT5 broker licensed only by the Anjouan Offshore Finance Authority (Comoros), an offshore body the Central Bank of the Comoros does not recognise. Five USD accounts with leverage up to 1:1000.
Offshore registration only
MetaTrader 5 and cTrader broker focused on the Middle East. Its website and User Agreement are run by Eplanet Brokers Ltd, a Comoros-registered company; a group company, Nebula Ventures Ltd, holds an offshore Vanuatu (VFSC) dealer's licence.
Strictly regulated
CFD broker with an EU company licensed by CySEC and a Seychelles company licensed by the FSA. Clients outside the EU join the Seychelles company, which offers leverage up to 1:1000 under an offshore licence.
Strictly regulated
A multi-asset trading app known for copy trading, with CFD companies licensed in Cyprus, the UK, Australia, Abu Dhabi and the Seychelles. This profile covers its forex and CFD offer only; the first deposit ranges from $10 to $10,000 depending on your country.
Strictly regulated
A multi-entity broker whose retail clients mostly join offshore or regional companies in Seychelles, the BVI, South Africa, Kenya and the UAE. Its UK and Cyprus companies do not take retail clients.
Offshore registration only
Long-running forex and CFD broker whose accounts are with FIBO Group, Ltd. in the British Virgin Islands, an investment business regulated by the BVI Financial Services Commission (offshore). Offers MT4, MT5 and cTrader accounts from 1 cent.
Strictly regulated
An Australian CFD and forex broker founded in 2005, with licensed companies in Australia, Cyprus, Kenya and the Seychelles. Standard (spread-only) and Raw (raw spread plus commission) accounts from $100 on MT4, MT5, cTrader and TradingView.
Strictly regulated
A forex and CFD brand of the London-based Stratos Group, with licensed companies in the UK, Cyprus and Australia and an unlicensed St Vincent company for international clients. In October 2026 the UK company applied to cancel its FCA authorisation, and FXCM's UK and EU sites now pass new accounts to other brokers.
Strictly regulated
A multi-entity CFD broker with a UK company authorised by the FCA and an EU company licensed by CySEC. Clients outside the UK and EU usually join its Bahamas company, which works under lighter rules and much higher leverage.
Strictly regulated
A CFD broker with a UK company authorised by the FCA and a Dubai company licensed by the DFSA. Its main international website signs clients up with a Costa Rica company that holds no financial licence.
Strictly regulated
A raw-spread broker (now also branded "IC") with companies licensed in Australia, Cyprus, the Bahamas and Seychelles. Most international clients join the Seychelles company, which is offshore-regulated and offers leverage up to 1:5000.
Regulated
A CFD broker founded in 2006 that offers MetaTrader and its own NetTradeX platform. Its two companies are licensed in the British Virgin Islands and in Labuan (Malaysia); it holds no licence from a strict regulator.
Strictly regulated
A London-listed group founded in 1974, with separately licensed companies in the UK, EU, Switzerland, Australia, Singapore, Japan, the US, the UAE and South Africa. Which company you join, and your protection, depends on where you live.
Strictly regulated
A US multi-asset broker (IBKR) with licensed companies in the US, Canada, the UK, Ireland, Australia, Singapore and Dubai. This profile covers its forex and CFD offer only, which is priced as a raw interbank spread plus a separate commission.
Offshore registration only
An MT4 and MT5 broker that says it is licensed in Mauritius and accredited in Kazakhstan. We could not confirm either on a regulator's register, and it holds no licence from a strict regulator. Leverage up to 1:2000.
Offshore registration only
MT4 and MT5 broker run by Investizo LTD, a company registered in St Vincent and the Grenadines. It does not claim a licence from any financial regulator, and the Securities Commission Malaysia lists it as an unauthorised entity, so we list no regulator.
Offshore registration only
Forex and CFD broker trading as ITBFX (also ITB Broker), run by International Trading Brachium Ltd, an international business company registered in Saint Lucia. It says it is regulated by the Mwali International Services Authority (MISA); we could not confirm this on MISA's register, so we list no confirmed regulator.
Strictly regulated
The broker formerly branded LiteForex. Its EU company, Liteforex (Europe) Ltd, is licensed by CySEC; clients elsewhere deal with LiteFinance companies in St Vincent and the Grenadines and Mauritius, whose licence we could not confirm.
Offshore registration only
The broker formerly called Forex4you, run by a British Virgin Islands company licensed by the BVI FSC. It offers MetaTrader cent and standard accounts with no minimum deposit and leverage up to 1:4000.
Strictly regulated
A forex and CFD broker with separately licensed companies in the US, UK, EU (Poland), Canada, Australia, Singapore, Japan and the British Virgin Islands. Which company you join, and your protection, depends on where you live.
Strictly regulated
A forex and CFD group trading since 2006. EU clients use a CySEC-licensed company in Cyprus; international clients of oneroyal.com sign with offshore companies in Vanuatu or St Vincent. Its Australian ASIC licence covers wholesale clients only.
Offshore registration only
Multi-platform CFD broker. Its published client agreement is with Opo Group LLC, a St Vincent company with no securities licence; a sister company, Opo Group Ltd, is licensed by the FSA Seychelles, and an Australian company holds an advice-only ASIC licence.
Regulated
A forex and CFD broker trading since 2011, run through Orbex Global Ltd, which holds an FSC Mauritius investment dealer licence, and Orbex Limited, a securities dealer listed by the FSA Seychelles. Its Cyprus company is giving up its CySEC licence, so there is no strict-regulator cover for new clients.
Strictly regulated
An Australian-founded CFD and forex broker with licensed companies in Australia, the UK, Cyprus, Germany, Dubai and the Bahamas. Standard (spread-only) and Razor (raw spread plus commission) accounts on MT4, MT5, cTrader and TradingView.
Strictly regulated
A London-listed CFD provider with licensed companies in the UK, EU, Australia, Singapore, Japan, Dubai, the UAE, Estonia, the Bahamas and Seychelles, plus a US futures broker. Which company you join depends on where you live.
Strictly regulated
A Danish bank (Saxo Bank A/S) with licensed subsidiaries in the UK, Switzerland, Singapore, Italy and Japan. Forex sits alongside stocks, bonds, futures and options in one multi-asset account.
Offshore registration only
A forex and CFD broker on MetaTrader 5, run by STB Provider Ltd, a company registered in Saint Lucia with an office in Sofia, Bulgaria. The "licence number" it shows is its Saint Lucia company number, and we found no financial licence, so we list no regulator.
Strictly regulated
A Swiss online bank whose forex and CFD accounts are offered by Swissquote Bank (FINMA) and by subsidiaries licensed in the UK, Cyprus, Hong Kong and Dubai. This profile covers the forex and CFD offer only; accounts start at $1,000 with spread-only pricing.
Strictly regulated
A CFD and forex broker founded in 2010, trading through TF Global Markets companies licensed in the UK, Cyprus, Australia, Dubai, South Africa and the Seychelles. Standard, ThinkTrader and ThinkZero accounts on its own ThinkTrader platform, MT4, MT5 and TradingView.
Strictly regulated
A forex and CFD broker with licensed companies in the UK, Cyprus, South Africa and Seychelles, and a representative office in Dubai. Clients of its global site join the Seychelles company, which holds an offshore licence.
Regulated
A forex, gold, crypto and stock CFD broker with its own trading app, run by Trending Markets (International) Ltd, which holds an FSC Mauritius investment dealer licence granted in October 2025. A second company in Armenia serves some clients. Leverage goes up to 1:2000.
Offshore registration only
A forex and CFD broker whose client agreement is with Vittaverse Ltd, a company registered in St Vincent and the Grenadines. It says it operates under FSC Mauritius, but we found no Vittaverse company on the FSC register, so we list no regulator.
Offshore registration only
An MT5 broker run by Wingo Group LTD, a company incorporated in Mwali (Comoros). It says it holds a Mwali (MISA) brokerage licence, which we could not confirm on the register, and it holds no licence from a strict or standard regulator.
Offshore registration only
CFD broker run by WM Markets Ltd, a company registered in Comoros. It says it is licensed by the Mwali International Services Authority (MISA); we could not confirm the licence on MISA's register, so we list no confirmed regulator.
Offshore registration only
MetaTrader broker (its app and support emails still carry the ForexChief name) whose accounts are opened with xChief Ltd in Comoros. It says it holds a Mwali (MISA) licence and that a South African intermediary is FSCA-authorised; we could not confirm either on a regulator's register.
Strictly regulated
A broker group founded in 2009. Its global site is run by XM Global Limited in Belize, whose licence we could not confirm on the register; its EU, Dubai and South African companies are licensed by CySEC, the DFSA and the FSCA.
Strictly regulated
Multi-entity CFD broker. Clients of xs.com contract with XS Ltd, licensed by the FSA Seychelles (offshore); the group also has a CySEC-licensed EU company, an ASIC licence for wholesale clients only and a Labuan licence.
No broker matches all of these filters. Try removing one, or.
| Broker | Regulation | Segregated funds | Negative balance protection | Cheapest cost per lot | Min. deposit | Retail leverage | Platforms | Account |
|---|---|---|---|---|---|---|---|---|
| Admirals (Admiral Markets) | Strictly regulatedFCA, CySEC, CMA, FSA Seychelles | Yes | Yes | $0 | $25 | 1:30 on major pairs (UK, EU); up to 1:1000 at the Seychelles company | MetaTrader 4, MetaTrader 5, MetaTrader WebTrader, Admirals Platform, Admirals Mobile App, StereoTrader | Open account ↗Profile |
| Alpari | Offshore registration only | No | No | $0 | $30 | Up to 1:3000 (ECN and Pro ECN); 1:1000 on Standard; 1:500 on Micro | MetaTrader 4, MetaTrader 5, Alpari trading app | Open account ↗Profile |
| AMarkets | Offshore registration only | No | Yes | $0 | $100 | Up to 1:3000 | MetaTrader 4, MetaTrader 5, AMarkets app, Web trader | Open account ↗Profile |
| AvaTrade | Strictly regulatedCentral Bank of Ireland, ASIC, JFSA, FSRA (ADGM), CMA (Kenya), FSCA, FSC (BVI), CySEC | Yes | No | $0 | $0 | Up to 400:1 on forex (Ava Trade Markets Ltd, BVI); 1:30 on major pairs for EU and Australian retail clients | WebTrader, AvaTrade app, MetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade, AvaSocial | Open account ↗Profile |
| Axi | Strictly regulatedASIC, FCA, CySEC, DFSA | Yes | No | $0 | $0 | 1:30 on major pairs (UK, EU, Australia); up to 1:1000 at the St Vincent company | Axi Trading Platform, MetaTrader 4, MetaTrader 5 | Open account ↗Profile |
| AYA Markets | Offshore registration only | Yes | Yes | $0 | $10 | Up to 1:1000 on MT5 (forex and gold, for equity under $1,000; lower as equity grows) | MetaTrader 5, cTrader | Open account ↗Profile |
| CapitalXtend | RegulatedFSC Mauritius | Yes | Yes | $0 | $12 | Unlimited on FX majors, gold and silver (Standard, ECN, Pro-ECN); up to 1:500 on Platinum | MetaTrader 4, MetaTrader 5, Copy trading | Open account ↗Profile |
| CG FinTech | RegulatedFSC Mauritius | Yes | Yes | $0 | $0 | Up to 1:1000 | MetaTrader 4, MetaTrader 5, Copy trading | Open account ↗Profile |
| CMC Markets | Strictly regulatedFCA, BaFin, ASIC, MAS, CIRO, FMA (New Zealand), DFSA | Yes | Yes | $0 | $0 | 1:30 on major currency pairs (UK and EU retail clients) | CMC web platform, CMC mobile app, MetaTrader 4, MetaTrader 5, TradingView | Open account ↗Profile |
| CPT Markets | RegulatedFSCA, Belize FSC, UAE CMA | Yes | No | $0 | $500 | Up to 1:1000 | MetaTrader 4, MetaTrader 5, CPT app, CPT desktop platform, Copy trading, MAM | Open account ↗Profile |
| DeltaFX | Offshore registration only | No | No | $0 | $50 | 1:1000 | MetaTrader 4, MetaTrader 5 | Open account ↗Profile |
| ePlanet Brokers | Offshore registration onlyVFSC | No | No | $0 | $30 | Up to 1:500 | MetaTrader 5, cTrader | Open account ↗Profile |
| Errante | Strictly regulatedCySEC, FSA Seychelles | Yes | Yes | $0 | $50 | Up to 1:1000 (Seychelles company); 1:30 on major pairs for EU retail clients | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Errante client portal app | Open account ↗Profile |
| eToro | Strictly regulatedCySEC, FCA, ASIC, FSRA (ADGM), FSA Seychelles | Yes | Yes | $0 | $10 | 1:30 on major pairs (UK, EU, Australia) | eToro web platform, eToro mobile app | Open account ↗Profile |
| Exness | Strictly regulatedFSA Seychelles, FSC (BVI), FSCA, CMA (Kenya), CMA (UAE), FCA, CySEC | Yes | Yes | $0 | $10 | Up to 1:Unlimited on some accounts (offshore companies) | MetaTrader 4, MetaTrader 5, Exness Terminal, Exness Trade app | Open account ↗Profile |
| FIBO Group | Offshore registration onlyFSC BVI | No | No | $0 | $0 | Up to 1:400 on standard accounts; up to 1:3000 and 1:5000 on cent accounts | MetaTrader 4, MetaTrader 5, cTrader, MT4 WebTerminal | Open account ↗Profile |
| FP Markets | Strictly regulatedASIC, CySEC, CMA, FSA Seychelles | Yes | Yes | $7.9 | $100 | 1:30 on major pairs (Australia, EU); up to 1:500 at the international companies | MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader | Open account ↗Profile |
| FXCM | Strictly regulatedFCA, CySEC, ASIC | Yes | No | $0 | $50 | 1:30 on major pairs (UK, EU, Australia); up to 1:1000 at the St Vincent company | Trading Station, MetaTrader 4, TradingView | Open account ↗Profile |
| FxPro | Strictly regulatedFCA, CySEC, SCB, FSA Seychelles | Yes | Yes | $9.6 | $0 | 1:30 on major pairs for UK and EU retail clients; dynamic leverage with no fixed cap on major pairs at the Bahamas company | FxPro platform and app, MetaTrader 4, MetaTrader 5, cTrader, TradingView | Open account ↗Profile |
| HYCM | Strictly regulatedFCA, DFSA | Yes | Yes | $0 | $20 | 1:30 on major pairs for FCA retail clients; up to 1:500 at the Costa Rica company | MetaTrader 4, MetaTrader 5, HYCM Trader app, Web Trader | Open account ↗Profile |
| IC Markets | Strictly regulatedASIC, CySEC, SCB, FSA Seychelles | Yes | No | $8 | $0 | 1:30 (EU, Australia); up to 1:5000 at the Seychelles company | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Web platform | Open account ↗Profile |
| IFC Markets | RegulatedBVI FSC, Labuan FSA | No | Yes | $18 | $15 | 1:400 on Micro and Nano accounts; 1:200 on Standard accounts | NetTradeX, MetaTrader 4, MetaTrader 5, Web terminal, Mobile apps | Open account ↗Profile |
| IG | Strictly regulatedFCA, FCA, BaFin, FINMA, ASIC, FMA (New Zealand), MAS, JFSA, CFTC / NFA, DFSA, FSCA | Yes | Yes | $0 | $250 | 1:30 on major pairs (UK, EU, Australia) | IG web platform, Mobile app, MetaTrader 4, ProRealTime, L2 Dealer, TradingView | Open account ↗Profile |
| Interactive Brokers | Strictly regulatedCFTC / NFA, CIRO, FCA, Central Bank of Ireland, ASIC, MAS, DFSA | Yes | No | $0 | $0 | 1:30 on major pairs for CFDs (UK, EU, Australia) | Trader Workstation (TWS), IBKR Desktop, Client Portal, IBKR Mobile, IBKR APIs | Open account ↗Profile |
| Inveslo | Offshore registration only | No | No | $0 | $30 | 1:2000 | MetaTrader 4, MetaTrader 5, WebTrader | Open account ↗Profile |
| Investizo | Offshore registration only | No | Yes | $0 | $10 | Up to 1:1000; 1:2000 on forex with the MAXLEVERAGE promotion (equity up to $10,000) | MetaTrader 4, MetaTrader 5, Investizo web terminal | Open account ↗Profile |
| ITBFX | Offshore registration only | Yes | No | $0 | $10 | Up to 1:500 (ECN account) | MetaTrader 5 | Open account ↗Profile |
| LiteFinance (LiteForex) | Strictly regulatedCySEC | Yes | Yes | $0 | $50 | 1:30 on major pairs for EU retail clients (ESMA rules); global leverage not checked | MetaTrader 4, MetaTrader 5 | Open account ↗Profile |
| Markets4you | Offshore registration onlyBVI FSC | Yes | Yes | $0 | $0 | Up to 1:4000 | MetaTrader 4, MetaTrader 5, Markets4you mobile app | Open account ↗Profile |
| OANDA | Strictly regulatedCFTC / NFA, FCA, KNF, CIRO, ASIC, MAS, JFSA, FSC (BVI) | Yes | Yes | $0 | $0 | 1:30 on major currency pairs (UK and EU retail clients); other companies set their own limits | OANDA Trade web, OANDA Trade mobile app, MetaTrader 4, MetaTrader 5, TradingView | Open account ↗Profile |
| OneRoyal | Strictly regulatedCySEC, ASIC, VFSC | Yes | Yes | $0 | $5 | Up to 1:1000 on oneroyal.com accounts; EU rules cap retail leverage at 1:30 on oneroyal.eu | MetaTrader 4, MetaTrader 5, MultiTerminal, Copy trading, PAMM | Open account ↗Profile |
| Opofinance | Offshore registration onlyFSA Seychelles | Yes | No | $0 | $100 | Up to 1:2000 | MetaTrader 4, MetaTrader 5, cTrader, TradingView, OpoTrade | Open account ↗Profile |
| Orbex | RegulatedFSC Mauritius, FSA Seychelles | Yes | Yes | $0 | $100 | Up to 1:500 (1:30 by default when the account is opened) | MetaTrader 4, MetaTrader 5, MT4 and MT5 web terminals, Orbex mobile app, FIX API | Open account ↗Profile |
| Pepperstone | Strictly regulatedASIC, FCA, CySEC, BaFin, DFSA, SCB | Yes | Yes | $0 | $0 | 1:30 on major pairs (UK, EU, Australia) | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Pepperstone platform, Mobile app | Open account ↗Profile |
| Plus500 | Strictly regulatedFCA, CySEC, EFSA (Estonia), ASIC, FMA (New Zealand), FSCA, MAS, JFSA, CFTC / NFA, DFSA, CMA (UAE), SCB, FSA Seychelles | Yes | Yes | $0 | $0 | 1:30 on major currency pairs (UK, EU and Australian retail clients) | Plus500 web platform, Plus500 mobile app | Open account ↗Profile |
| Saxo | Strictly regulatedDanish FSA (Finanstilsynet), FCA, FINMA, MAS, CONSOB, JFSA | Yes | Yes | $0 | $0 | 1:30 on major pairs (UK, EU) | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, Mobile app, TradingView | Open account ↗Profile |
| STB Provider | Offshore registration only | Yes | Yes | $0 | $10 | Up to 1:400 (1:200 on Prime), reduced as position size grows | MetaTrader 5 | Open account ↗Profile |
| Swissquote | Strictly regulatedFINMA, FCA, CySEC, SFC, DFSA | No | No | $12 | $1,000 | 1:30 on major pairs (UK, EU); 1:100 standard at Swissquote Bank | MetaTrader 4, MetaTrader 5, CFXD, TradingView, FIX API | Open account ↗Profile |
| ThinkMarkets | Strictly regulatedFCA, CySEC, ASIC, DFSA, FSCA, FSA Seychelles | Yes | No | $11 | $10 | 1:30 on major pairs (UK, EU, Australia); up to 500:1 (2500:1 on ThinkTrader) at the Seychelles company | ThinkTrader, MetaTrader 4, MetaTrader 5, TradingView | Open account ↗Profile |
| Tickmill | Strictly regulatedFCA, CySEC, FSCA, DFSA, FSA Seychelles | Yes | No | $0 | $100 | Up to 1:1000 on selected symbols, 1:500 by default on forex (Tickmill Ltd, Seychelles); 1:30 on major pairs for UK and EU retail clients | MetaTrader 4, MetaTrader 5, Tickmill Trader, TradingView, MetaTrader WebTrader, Tickmill mobile app | Open account ↗Profile |
| Trendo | RegulatedFSC Mauritius | No | No | $0 | $10 | Up to 1:2000 (1:500 on PAMM accounts and on balances below $50) | Trendo app (iOS and Android), Trendo desktop (Windows and Mac), Trendo web trader | Open account ↗Profile |
| Vittaverse | Offshore registration only | Yes | Yes | $0 | $1 | Up to 1:2000 (1:500 on the VIP account) | MetaTrader 5, cTrader, WebTrader, cTrader WebTerminal | Open account ↗Profile |
| Wingo Markets | Offshore registration only | No | No | $0 | $50 | 1:500 | MetaTrader 5, Web platform, Mobile app | Open account ↗Profile |
| WM Markets | Offshore registration only | Yes | Yes | $0 | $50 | Up to 1:2000 (dynamic, set per instrument) | MetaTrader 4, MetaTrader 5, WM Markets mobile app, MT4 WebTrader | Open account ↗Profile |
| XChief | Offshore registration only | Yes | Yes | $7 | $0 | Up to 1:1000 on forex (lower as account equity rises) | MetaTrader 4, MetaTrader 5, xChief mobile app | Open account ↗Profile |
| XM | Strictly regulatedCySEC, DFSA, FSCA | Yes | Yes | $0 | $5 | Up to 1:1000 (XM Global Limited); EU retail clients are limited to 1:30 on major pairs | MetaTrader 4, MetaTrader 5, XM App | Open account ↗Profile |
| XS.com | Strictly regulatedFSA Seychelles, CySEC, ASIC, Labuan FSA | Yes | Yes | $0 | $0 | Up to 1:2000 (XS Ltd, dynamic); 1:30 on major pairs for EU retail clients | MetaTrader 4, MetaTrader 5, XS Trading App | Open account ↗Profile |
Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. Swap, conversion and other fees are extra. See forex trading costs.
Find the firm on the regulator’s public register and match the website and phone number.
Regulation lesson →Read which company your account would be with, and what protection that company gives you.
Negative balance protection →Work out the cost per lot on the account type you would actually use.
Raw vs standard accounts →Try the platform on a demo account with the same rules you would use live.
Using a demo account →Make a small test withdrawal before you deposit more.
Withdrawals explained →Typical rules at the time of writing. Rules change; confirm on the regulator’s own website before opening an account.
No. Every broker is different, and the right one depends on where you live, how you trade and how much you trade. We publish the facts side by side, explain what each one means, and show you how to check them yourself.
Every profile shows the date its facts were last checked. Costs, platforms and regulatory details change, so always confirm them on the broker’s own site and the regulator’s register before opening an account.
A tight spread saves a little on every trade. A strict regulator decides whether your money is kept apart from the firm’s, whether you can lose more than your deposit, and whether you have anywhere to turn if something goes wrong.
Yes. Each profile is a real broker. We check every licence on the regulator’s public register, and each profile shows the date its facts were last checked. A licence we could not find on a register is listed as unconfirmed, not as a licence.
BrokerCut is an education site. Broker profiles are factual summaries, not recommendations, and nothing here is financial advice. The “Open account” buttons are sponsored partner links: we may earn a commission if you open an account through them. That never changes the facts we publish or which brokers we profile.
Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly. Most retail accounts lose money. Only trade with money you can afford to lose. Read the full disclaimer.
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