MetaTrader 4

IG invented spread betting in 1974 and remains the benchmark for experienced UK and European traders: unmatched market breadth, a genuinely excellent proprietary platform, and regulatory credibility that few brokers can match - at the cost of slightly higher charges than specialist ECN desks.

True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.

Multi-regulated Australian ECN-style broker with fast execution, MT4 / MT5 / cTrader / TradingView and a strong active-trader rebate program.

NFA- and FCA-regulated with strong US/UK coverage, transparent historical pricing, and excellent research.

True ECN pricing, all three major platforms, strong ASIC regulation, and IRESS integration for share CFDs - a complete package for active traders.

FCA-regulated and LSE-listed with one of the best proprietary platforms in retail FX and CFDs.

LSE- and WSE-listed broker with strong European regulation, a genuinely excellent proprietary platform, and one of the most competitive fee structures in retail forex - especially for stock CFD and ETF traders.

Heavily regulated across 6+ jurisdictions with a unique AvaOptions platform for vanilla options trading and strong educational content.

Exceptional value for developing-market traders - instant withdrawals, $1 minimum deposit, and ultra-competitive raw spread pricing.

Low minimum deposit, broad bonus program, and strong educational content. CySEC- and ASIC-regulated.

Pure ASIC-regulated ECN broker with raw spreads from 0.0 pips and a $8 round-turn commission on the Direct account - a straightforward professional-grade execution desk without the marketing overhead of larger brokers.

Multi-regulated broker with extensive account range, competitive Zero account spreads, strong EU regulation and quality webinar and education content.

UAE-headquartered broker regulated by FSRA (Abu Dhabi Global Market) and FCA, providing institutional-quality execution and capital markets access to GCC institutional and high-net-worth retail traders.

Among the lowest commissions available at $6 round-turn on Pro accounts, with strong FCA, CySEC, and FSCA regulation and transparent execution.

FCA-regulated UK broker with 23 years of history, SMSG membership, and a proprietary ActivTrader platform featuring built-in volatility protection - strong in southern European markets.

Multi-platform broker with FCA and CySEC regulation, offering all four major retail platforms and transparent raw ECN pricing.

No minimum deposit on standard account, a highly rated ThinkTrader mobile app, and JFSA regulation for Japanese clients.

Swiss banking heritage with exceptional fund security, the broadest asset range in retail trading, and FINMA oversight - though minimum deposits are high.

ASIC-regulated NDD/ECN broker with raw spreads from 0.0 pips and one of the most transparent execution reports in retail forex - a strong choice for active traders who prioritise verified execution quality over marketing.

Triple-regulated ECN specialist (FCA, CySEC, ASIC) and early cTrader adopter with one of the lowest commission structures in retail ECN - $1.5 per side per lot - making it highly cost-effective for active traders.

CySEC and FCA-regulated broker with broad emerging-market reach, strong copy trading via MyFXBook integration, and a low $10 minimum deposit that makes it accessible to first-time traders.

One of very few brokers accepting US retail forex clients, with deep research tools and competitive raw spreads for professional accounts.

Low minimum deposit, raw ECN pricing, copy trading, and ASIC/FCA regulation make Vantage a strong all-around option for retail traders.

FCA and CySEC-regulated broker with a fast-growing global footprint, 300+ instruments on MT4, and a strong presence in the UAE and Asian markets - built on institutional backing and multi-regional regulation.

One of the lowest-cost ECN brokers globally at $4.50/lot, no minimum deposit, and three platform options - strong value for cost-conscious traders.

No minimum deposit required, high leverage on offshore entity, and copy trading via HFcopy - with FCA, CySEC, and FSCA regulation.

Veteran FCA-regulated broker with strong API support, MT4, and the proprietary Trading Station platform.

Multi-regulated broker with ASIC, FSCA, and FSA Seychelles licences, offering competitive raw ECN conditions and a proprietary platform alongside MT4 and MT5 - growing presence in Africa and Asian markets.

New Zealand-regulated ECN broker with all three major platforms, no minimum deposit on standard accounts, and good Asia-Pacific coverage.

Modern Swedish-founded broker with CySEC and FCA regulation, a visually polished proprietary platform, and cTrader for advanced traders - well-positioned for EU retail clients seeking a contemporary alternative to legacy MetaTrader brokers.

No minimum deposit, strong ASIC regulation, excellent MT4 infrastructure for EA traders, DXtrade for a modern web experience, and competitive Pro account pricing.

Fixed spreads from 0.6 pips with no commission, no minimum deposit, and strong FCA and ASIC regulation - simple, transparent pricing for cost-conscious traders.

One of the longest-operating CySEC-regulated brokers, offering standard and ECN accounts on MT4 and MT5 - a solid EU retail offering backed by a track record few Cyprus-based competitors can match.

ASIC-regulated Australian broker with broad 2,200+ instrument coverage, TradingView integration, and raw ECN accounts - stronger on instrument breadth than on brand recognition.

True ECN pricing, three platform options, and ASIC regulation - a solid choice for Australian traders though with a higher minimum deposit than peers.

IFSC Belize-regulated broker with a genuine ECN/STP execution model, multiple platform options including cTrader, and a broad 12,000+ instrument range that goes beyond most forex-focused competitors.

CySEC-regulated broker (EU entity) with a dominant presence in South Asia through OctaTrader copy trading - a purpose-built social trading interface popular with first-time traders across India, Pakistan, and Indonesia.

ASIC-regulated Australian broker with 10,000+ instruments including DMA equities, well-positioned for Asian traders who want Australian regulatory standards alongside a broad asset range.

Historic retail forex brand regulated by FSC Mauritius, offering MT4 and MT5 with ECN and Standard accounts, widely recognised in the CIS and emerging markets but operating under an offshore licence since the Alpari UK collapse.

Fixed spreads, unique risk management tools (dealCancellation, freeze rate), and a very low $25 minimum deposit make easyMarkets accessible for risk-averse traders.

Offshore broker with CySEC and IFSC licensing, dominant in Southeast Asia and MENA through heavy localised marketing and generous bonuses - best evaluated on regulatory strength rather than promotion value.

Long operational history since 1997, zero spread commission model, and very low $10 minimum deposit - though limited to CySEC regulation and restricted markets.

SVG FSA-regulated broker with genuine ECN conditions on MT4, MT5, and cTrader, a well-regarded PAMM system, and an established following in Russia, Ukraine, and Central Asia.

One of Indonesia's longest-standing domestically-regulated brokers, holding both BAPPEBTI and OJK licences - the benchmark for local regulatory compliance.

FSC BVI-regulated broker with over 17 years of operation, known for cent accounts and accessible entry conditions for beginner traders in Asia and the CIS - regulatory depth is limited under the offshore BVI framework.

A newer locally-incorporated Indonesian broker completing the dual BAPPEBTI and OJK registration standard, offering compliant domestic forex access.