Independent · Data-Driven · No Sponsored Rankings

Find the Right Broker
for How You Trade

We compare FX, CFD, and multi-asset brokers on what actually matters — spreads, regulation, platforms, and execution quality. No conflicts. No paid placements.

30+
Brokers Reviewed
15+
Regulators Tracked
50+
Data Points Per Broker
Tier 1
Regulated Only
Filter:
Broker
Rating
Min. Spread
Min. Deposit
Regulation
Platforms
Action
Pepperstone
Founded 2010 · Melbourne, AU
★★★★★
4.7 / 5.0
0.0 pips
Razor Account
$200
FCAASIC CySECDFSA
MT4 · MT5
cTrader · TradingView
Open Account Full Review
IC Markets
Founded 2007 · Sydney, AU
★★★★½
4.6 / 5.0
0.0 pips
Raw Spread
$200
ASICCySEC FSA
MT4 · MT5
cTrader
Open Account Full Review
IG Group
Founded 1974 · London, UK
★★★★½
4.5 / 5.0
0.6 pips
EUR/USD avg.
$250
FCAASIC MASNFA
Proprietary
MT4 · ProRealTime
Open Account Full Review
CMC Markets
Founded 1989 · London, UK
★★★★½
4.4 / 5.0
0.7 pips
EUR/USD avg.
$0
FCAASIC MAS
Next Generation
MT4
Open Account Full Review
XM Group
Founded 2009 · Limassol, CY
★★★★
4.2 / 5.0
0.6 pips
Zero Account
$5
CySECASIC DFSA
MT4 · MT5
Open Account Full Review
eToro
Founded 2007 · Tel Aviv, IL
★★★★
4.1 / 5.0
1.0 pips
EUR/USD avg.
$50
FCAASIC CySEC
Proprietary
Social Trading
Open Account Full Review
Compare by Asset Class
Find the best broker for your market of choice.
💱
Forex
All 7 brokers
📊
CFDs
All 7 brokers
📈
Equities
3 brokers
🛢️
Commodities
6 brokers
📉
Indices
6 brokers
Crypto
2 brokers
How We Rate Brokers
Every broker is evaluated on 50+ data points across six categories. No broker pays for placement.
🛡️
Regulation & Safety
We only list brokers regulated by Tier 1 authorities — FCA, ASIC, CySEC, DFSA, NFA, MAS. Client fund segregation and negative balance protection are mandatory criteria.
💰
Costs & Spreads
We independently verify spreads and commissions across account types. All-in trading costs are calculated across major, minor, and exotic pairs at different volume tiers.
Execution Quality
Order fill rates, slippage on market orders, and requote frequency. We assess STP, ECN, and NDD models and how execution quality holds under volatile conditions.
🖥️
Platforms & Tools
MT4, MT5, cTrader, proprietary platforms. We evaluate charting depth, automation capabilities, mobile app quality, and third-party integrations like TradingView.
📚
Education & Research
Quality of market analysis, educational resources, webinars, and economic calendars. We assess whether research helps traders make better decisions, not just engage more.
🤝
IB / Referral Programs
We evaluate IB program transparency, commission structures (CPA, rebate per lot, revenue share), back-office dashboard quality, and sub-IB override availability.
Risk Warning & Disclosure: Trading FX and CFDs involves significant risk of loss and is not suitable for all investors. Leverage can work against you as well as for you. BrokerAnalytix is an independent comparison and research service. We may receive compensation when you open an account through our referral links — this does not influence our ratings, rankings, or editorial content. All broker data is verified at time of publication but is subject to change; always confirm details directly with the broker before opening an account. CFDs are complex instruments. Between 65–80% of retail investor accounts lose money when trading CFDs with the providers listed on this site.