FIG 01 — RANKED FIELD

Broker Reviews

Tested against a published methodology — spreads, regulation, payouts, support.

FIG 02 — COMPARISON TABLE

Broker	Trustpilot	Rating	Regulation	Min deposit	Spreads from	Platforms	Best for
XMFeatured	3.8 ★ · 2,500 reviews	7.8	CySECASICIFSC	$5	0.6 pips	MT4, MT5	New traders starting small
IC Markets	4.8 ★ · 55,066 reviews	8.7	ASICCySECFSA	$200	0.0 pips	MT4, MT5, cTrader, TradingView	Scalpers and algorithmic traders
FP Markets	4.8 ★ · 10,108 reviews	8.3	ASICCySEC	$100	0.0 pips	MT4, MT5, cTrader, IRESS	ECN traders wanting raw spreads with strong regulation
Pepperstone	4.3 ★ · 3,423 reviews	8.6	FCAASICCySECDFSA	$0	0.0 pips	MT4, MT5, cTrader, TradingView	Active FX and CFD traders wanting strong regulation
eToro	4.1 ★ · 31,548 reviews	7.6	FCACySECASIC	$50	1.0 pips	eToro Platform	Beginners and social/copy traders
IG	3.8 ★ · 9,000 reviews	8.5	FCAASICCFTC/NFAMAS	$50	0.6 pips	IG Platform, MT4, ProRealTime, L2 Dealer	Traders wanting maximum market breadth
OANDA	3.6 ★ · 1,224 reviews	8.1	CFTC/NFAFCAASIC	$0	0.6 pips	OANDA Trade, MT4, TradingView	US-based forex traders
Interactive Brokers	3.2 ★ · 5,100 reviews	9.0	SECFCAMASASIC	$0	0.1 pips	TWS, IBKR Mobile, Web	Multi-asset and professional traders

FIG 03 — FULL REVIEWS

XMFeatured

Founded 2009

3.8 ★ · 2,500 reviews

7.8

$5 minimum deposit
Strong education
Frequent promos

Offshore entity for many regions
Average spreads

Best for: New traders starting small

Visit XMAffiliate link — never affects the rating.

IC Markets

Founded 2007

4.8 ★ · 55,066 reviews

8.7

Raw spreads from 0.0
Fast execution
Wide platform choice

Research content is thin
No proprietary platform

Best for: Scalpers and algorithmic traders

FP Markets

Founded 2005

4.8 ★ · 10,108 reviews

8.3

Raw ECN pricing
IRESS for stock CFDs
Good support

IRESS carries platform fee
Dated website UX

Best for: ECN traders wanting raw spreads with strong regulation

Pepperstone

Founded 2010

4.3 ★ · 3,423 reviews

8.6

Top-tier regulation
No minimum deposit
Excellent support

Inactivity fee on some entities
Limited product research

Best for: Active FX and CFD traders wanting strong regulation

eToro

Founded 2007

4.1 ★ · 31,548 reviews

7.6

Best-in-class copy trading
Simple UX
Real stocks + crypto

Wide FX spreads
Withdrawal fee
USD-only accounts

Best for: Beginners and social/copy traders

IG

Founded 1974

3.8 ★ · 9,000 reviews

8.5

17,000+ markets
Excellent charts
50 years of history

Higher minimum spreads
Fees for stock CFDs

Best for: Traders wanting maximum market breadth

OANDA

Founded 1996

3.6 ★ · 1,224 reviews

8.1

US clients accepted
Great API
Trusted brand

Higher spreads than ECN rivals
No MT5

Best for: US-based forex traders

Interactive Brokers

Founded 1978

3.2 ★ · 5,100 reviews

9.0

Widest market access
Institutional pricing
Very safe

Steep learning curve
Dated platform UX

Best for: Multi-asset and professional traders