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Broker Comparison

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Best Forex Brokers 2026

We compare the top forex brokers side-by-side. All brokers are regulated, trusted, and tested.

Exness

★ 4.8/5

Best Overall — Low Spreads, Instant Withdrawal

Exness is one of the largest forex brokers globally with over 700,000 active traders. Regulated by FCA, CySEC, and FSA. Known for ultra-low spreads, unlimited leverage options, and instant withdrawals.

Key Features

  • ✓Spreads from 0.0 pips
  • ✓Instant withdrawal (no approval needed)
  • ✓Unlimited leverage options
  • ✓MT4, MT5, WebTerminal
  • ✓FCA & CySEC regulated
  • ✓700k+ active traders

Pros

  • + True ECN spreads from 0.0 pips
  • + Withdrawals processed instantly 24/7
  • + No dealing desk intervention
  • + Negative balance protection

Cons

  • - Limited educational resources
  • - Some features unavailable in certain regions
Open Exness Account →

XM

★ 4.5/5
🎁 $30 No Deposit Bonus

Best for Beginners — $30 No Deposit Bonus

XM is a well-established broker with over 5 million clients worldwide. Regulated by FCA, ASIC, and CySEC. Excellent for beginners with extensive educational resources and a generous welcome bonus.

Key Features

  • ✓$30 no deposit bonus for new traders
  • ✓Spreads from 0.6 pips
  • ✓1,000+ trading instruments
  • ✓MT4, MT5, WebTrader
  • ✓FCA, ASIC, CySEC regulated
  • ✓Free daily market analysis

Pros

  • + Generous $30 no-deposit bonus
  • + Extensive video tutorials & webinars
  • + No hidden fees on deposits/withdrawals
  • + Great customer support 24/5

Cons

  • - Slightly wider spreads than ECN brokers
  • - Inactivity fee after 12 months
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IC Markets

★ 4.6/5

Best for Scalpers — Raw Spreads from 0.0 Pips

IC Markets is Australia's largest forex broker, regulated by ASIC and CySEC. Preferred by scalpers and algorithmic traders for their raw spreads and ultra-fast execution on Equinix NY4 servers.

Key Features

  • ✓Raw spreads from 0.0 pips
  • ✓$3.50 commission per lot (round turn)
  • ✓Equinix NY4 server co-location
  • ✓MT4, MT5, cTrader
  • ✓ASIC & CySEC regulated
  • ✓1-minute account opening

Pros

  • + Lowest commission on cTrader
  • + Raw spreads with no markup
  • + Excellent for high-frequency trading
  • + Deep liquidity pool

Cons

  • - Raw account has commission fee
  • - No bonus/deposit offers
  • - Platform may overwhelm beginners
Open IC Markets Account →

* We may earn a commission at no extra cost to you when you sign up through our links. All brokers listed are regulated and trusted.