TOP 10 Forex and CFD Brokers

Choosing the right broker is critical for success in forex and CFD trading. We've carefully reviewed and compared brokers across multiple factors to bring you a trusted list of the top 10 forex and CFD brokers for 2025.

Broker Rating Minimum Deposit Markets Available Typical Spreads Highlights
Capital.com
$20 4000+ From 0.6 pips Intuitive platform, AI-powered analytics Visit
Shares.com
$10 3000+ From 0.8 pips User-friendly, extensive market access Visit
IG Markets
$250 17,000+ From 0.6 pips Deep liquidity, advanced trading tools Visit
Pepperstone
$0 1200+ From 0.0 pips (Razor account) Ultra-low spreads, fast execution Visit
eToro
$200 3000+ From 1.0 pips Top choice for social trading Visit
XM
$5 1000+ From 0.6 pips Very low minimum deposit Visit
Plus500
$100 2800+ From 0.8 pips Highly regulated, simple interface Visit
Saxo Bank
$2000 40,000+ From 0.4 pips Premium service, extensive research tools Visit
CMC Markets
$0 12,000+ From 0.7 pips Strong research, wide market range Visit
AvaTrade
$100 1250+ From 0.9 pips Great educational resources Visit

Broker Overviews

Capital.com

Capital.com stands out with its AI-powered trading analytics, offering access to over 4000 markets with a very low minimum deposit of just $20. It's an ideal choice for both beginners and experienced traders seeking a user-friendly experience with competitive spreads.

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Shares.com

Shares.com combines a beginner-friendly platform with access to more than 3000 markets. With a minimal deposit requirement of $10, it's a top pick for traders who want straightforward investing backed by excellent educational content.

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IG Markets

As one of the most established brokers, IG Markets offers access to 17,000+ markets and a robust trading platform. It's a preferred choice for traders who prioritize deep market liquidity and advanced research tools.

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Pepperstone

Renowned for its ultra-tight spreads and rapid order execution, Pepperstone suits high-frequency and professional traders. With no minimum deposit and a wide range of platforms, it offers excellent flexibility.

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eToro

Best known for its social trading network, eToro allows users to copy professional traders easily. Access to a wide range of assets and intuitive design makes it a popular option for newcomers.

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XM

XM is a great broker for those just starting out, thanks to a minimum deposit of only $5. The broker also offers tight spreads and an excellent choice of trading platforms.

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Plus500

Plus500 provides a simple, highly regulated trading environment. With access to over 2800 markets and competitive spreads, it's an excellent option for traders who prefer a clean, intuitive interface.

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Saxo Bank

Saxo Bank caters to serious traders and investors, offering premium tools, professional-grade research, and access to more than 40,000 financial instruments. However, its high minimum deposit makes it better suited for experienced users.

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CMC Markets

With 12,000+ instruments and powerful trading tools, CMC Markets offers great value for traders who demand variety and cutting-edge research tools.

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AvaTrade

AvaTrade shines in providing high-quality educational content alongside its reliable trading environment. It's a strong contender for those prioritizing knowledge growth as part of their trading journey.

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Methodology: How We Selected the Best Forex and CFD Brokers

At our core, we believe that broker reviews should be based on genuine experience, transparent analysis, and consistent standards. That's why we designed a comprehensive, data-driven evaluation process to assess each broker objectively.

What We Evaluate

We open live trading accounts with real funds, interact with customer service teams, and personally test each broker's platforms and services. Each broker is rated based on the following categories:

Category Why It Matters Number of Evaluation Points
Trading Costs Competitive spreads and low fees help maximize profits. We track all trading and non-trading fees through live tests. 360
Security and Regulation Traders deserve a safe environment. We verify regulatory licenses and investor protection measures. Only brokers with top-tier oversight are considered. 32
Deposits and Withdrawals Speed, cost, and convenience matter when moving funds. We test every available method by making real transactions. 23
Platforms and Tools A great trading experience depends on reliable, efficient, and feature-rich platforms. We use each platform extensively to check for functionality and ease of use. 50
Account Setup The ease and speed of opening an account directly affect the trader's experience. We assess the requirements, account options, and the time to activation. 48
Range of Markets Access to a wide array of markets enables better diversification. We evaluate the variety and number of trading instruments offered. 70
Customer Support Responsive and helpful customer service is essential. We test support channels across different times and topics. 13
Education Learning resources are vital for both beginners and advanced traders. We value brokers that offer detailed tutorials, webinars, and analysis. 5
Research Tools Top brokers provide insights that help inform trading decisions. We analyze the quality and availability of research materials. 8
General Broker Information Additional details, such as headquarters location and history, help paint a fuller picture of the broker's reliability. 15

Weights and Scoring

Each category has a specific weight in the overall broker score:

30%
Fees
20%
Safety
15%
Platforms
10%
Markets Offered
10%
Account Setup
5%
Customer Support
5%
Research & Education
5%
Deposits & Withdrawals

Minor adjustments are made based on user feedback and industry developments to ensure fairness.

Our Expert Team

Our team of analysts brings expertise from banking, trading, and investment backgrounds. Every broker review is the result of 80-100 hours of thorough testing, writing, and quality control. We update all reviews multiple times a year to keep the information accurate and relevant.

Our Values

  • Independence: We do not accept payment for favorable reviews.
  • Transparency: Our reviews are based purely on real-world experience.
  • Expertise: Our content is created by professionals with firsthand trading experience.
  • User-first Focus: We adapt our evaluations based on what real traders need and value most.

Our mission is simple: Help you find the broker that fits your trading goals, risk tolerance, and personal preferences.