| IC Markets | 4.8 ★ · 55,000 reviews | | ASICCySECFSA (SC)FSCACMA | $200 | 0.0 pips | MT4, MT5, cTrader, TradingView | Scalpers and algo/EA traders wanting raw ECN spreads |
| FP Markets | 4.8 ★ · 10,200 reviews | | ASICCySECFSCAFSA (SC) | $100 | 0.0 pips | MT4, MT5, cTrader, TradingView, IRESS | Cost-conscious active traders wanting raw ECN-style spreads |
| Pepperstone | 4.3 ★ · 3,400 reviews | | ASICFCACySECDFSACMASCBBaFin | $0 | 0.0 pips | MT4, MT5, cTrader, TradingView | Traders wanting platform flexibility with low-cost raw spreads |
| eToro | 4.1 ★ · 31,000 reviews | | FCACySECASICFSRA | $50 | 1.0 pips | eToro Web & Mobile, Copy Trading | Beginners and social traders who want to copy other investors |
| IG | 4.0 ★ · 9,700 reviews | | FCAASICCySECFINMAMASBaFinDFSA | $0 | 0.6 pips | IG Web/Mobile, MT4, ProRealTime, L2 Dealer | Experienced traders wanting the broadest access under top-tier regulation |
| XM | 3.8 ★ · 2,900 reviews | | CySECASICDFSAIFSC (BZ) | $5 | 0.6 pips | MT4, MT5 | Beginners wanting a very low entry deposit and flexible leverage |
| OANDA | 3.6 ★ · 1,100 reviews | | CFTCNFAFCAASICCIROMASFSA (JP) | $0 | 1.0 pips | OANDA Trade, MT4, TradingView | Beginners and long-term traders wanting flexible sizing and a trusted name |
| Interactive Brokers | 3.5 ★ · 5,100 reviews | | SECFINRAFCAASICMASCBICIROSFCSEBIJFSA | $0 | 0.2 pips | Trader Workstation, IBKR Mobile, GlobalTrader, WebTrader, API | Serious multi-asset investors wanting the lowest costs and broadest access |