Best Forex Brokers 2026: Regulated Brokers Ranked
Updated · Ranked by our review methodology
Disclosure: this page contains partner links. FX Handbook may earn a commission if you open an account or buy a challenge through them, at no cost to you. Commissions do not affect our scores, which follow our review methodology. Affiliate disclosure.
These are the forex brokers we have reviewed, ranked by overall score under our published methodology, which weights regulation and client protection most heavily. The best broker for a given trader also depends on which entity may serve their country, the platform they use and how they trade, so each pick says what it is best for.
Highest overall score in our reviews: FCA and CySEC entities for UK and EU clients, negative balance protection for all clients, and a Raw account at $6 commission per round turn.
Regulators: FCA, CySEC, FSCA, FSA · Min deposit: $100 · Platforms: MetaTrader 4, MetaTrader 5, TradingView, Tickmill Trader
Read the full Tickmill review →- 2
Pepperstone: best for platform choice
4.4 / 5Entities authorised by the FCA, CySEC and DFSA, negative balance protection for global retail clients, and MetaTrader 4 and 5, cTrader, TradingView and its own platform, with no minimum deposit.
Regulators: SCB, FCA, CySEC, DFSA, ASIC · Min deposit: $0 · Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView, Pepperstone platform
Read the full Pepperstone review → Accounts from $5, CySEC and DFSA entities, and negative balance protection on all accounts according to XM. Forex accounts are spread-only.
Regulators: CySEC, DFSA, FSC · Min deposit: $5 · Platforms: MetaTrader 4, MetaTrader 5, XM app
Read the full XM review →FCA-authorised since 2010, negative balance protection for all clients according to FxPro, and MetaTrader 4 and 5, cTrader and its own platform with 2,100+ instruments.
Regulators: FCA, SCB, FSA · Min deposit: No fixed minimum ($1,000 recommended) · Platforms: MetaTrader 4, MetaTrader 5, cTrader, FxPro platform
Read the full FxPro review →Low published average spread on the Raw Spread account (0.1 pips on EUR/USD) and cTrader and TradingView support; its global entity does not offer negative balance protection.
Regulators: FSA, CySEC, ASIC · Min deposit: $0 · Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView
Read the full IC Markets review →A $10 Standard account, mostly automatic withdrawals and 24/7 support; retail clients are served only by offshore entities.
Regulators: FSA, CBCS, FSC, CySEC · Min deposit: $10 · Platforms: MetaTrader 4, MetaTrader 5, Exness Terminal, Exness Trade app
Read the full Exness review →
How we chose the best forex brokers
Every broker on this list has at least one entity authorised by a national regulator with a public register, and every score follows our review methodology. The current reviews are based on information published by each broker and on the regulators’ registers; scores are updated when brokers change their terms.
Before you choose a broker
The protections you receive depend on the legal entity that opens your account, not on the brand: a broker with an FCA licence may still serve you from an offshore entity. Check the entity in the client agreement on the regulator’s register before depositing: how to choose a forex broker, forex regulation.
Comparisons and rankings
Frequently asked questions
What is the best forex broker?
There is no single best broker for everyone. In our current reviews Tickmill has the highest overall score, but the right choice also depends on the entity that would serve your country and on how you trade.
How are the brokers ranked?
By overall score under our published methodology, which weights regulation and client protection at 30%, costs at 20%, deposits and withdrawals and execution and platforms at 15% each, and accounts and support at 10% each.
Can I trust a list of best forex brokers?
Check how the list is made. Ours uses a published methodology, brokers cannot pay to change a score, and commercial relationships are disclosed on the page.