Best Forex Brokers (2026)

Compare regulated forex brokers with competitive spreads, leverage, and trading tools.

5 tools tested | Updated monthly | Independent reviews

Buyer's Guide

Forex broker selection should prioritize regulation, spreads, and platform quality. US traders must use CFTC/NFA-regulated brokers (Forex.com, OANDA, IG). International traders have more options with tighter spreads. Key factors: average EUR/USD spread, available leverage, platform options (MT4/MT5/proprietary), execution speed, and negative balance protection.

All Forex Brokers Reviewed

IG

Rating: 4.5/5 | Editor's Choice | Pricing: From 0.6 pips EUR/USD

World-leading forex and CFD broker with 50+ years of market experience.

  • 50+ years of proven reliability
  • 17,000+ tradable markets
  • Excellent ProRealTime and MT4 platforms

Pepperstone

Rating: 4.5/5 | Pricing: Spreads from 0.0 pips

Award-winning forex broker with ultra-low spreads and fast execution for active traders.

  • Ultra-low spreads
  • Fast execution
  • MT4/MT5 + cTrader

OANDA

Rating: 4.3/5 | Pricing: From 1.0 pips EUR/USD

Transparent forex broker with competitive spreads and no minimum deposit.

  • No minimum deposit
  • Transparent pricing
  • Flexible lot sizes

Forex.com

Rating: 4.2/5 | Pricing: From 0.8 pips EUR/USD

US-regulated forex broker with competitive pricing.

  • CFTC/NFA regulated
  • Multiple account types
  • Competitive spreads

XM

Rating: 4.2/5 | Pricing: Spreads from 0.6 pips

Global forex broker with extensive education resources and micro account options.

  • Excellent education
  • Micro accounts
  • No requotes

Popular Comparisons

Our Testing Methodology

We evaluate forex brokers by placing identical trades during high and low volatility periods, measuring actual spreads vs. advertised, slippage frequency, swap rates, and order execution speed. Regulation status is verified directly with financial authorities.

Frequently Asked Questions

What's the best forex brokers in 2026?

Based on our testing, IG is our top pick with a rating of 4.5/5.

How do we evaluate forex brokers?

We evaluate forex brokers by placing identical trades during high and low volatility periods, measuring actual spreads vs. advertised, slippage frequency, swap rates, and order execution speed. Regulation status is verified directly with financial authorities.

Are your forex brokers reviews independent?

Yes. While we may earn affiliate commissions, our editorial team tests every product independently. Ratings are never influenced by commercial relationships.

How often are reviews updated?

We re-test and update our forex brokers reviews at least quarterly to ensure accuracy.

How does IG compare to Pepperstone?

IG (4.5/5) and Pepperstone (4.5/5) are both top-rated. Read our detailed comparison for a side-by-side breakdown.