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Forex Broker Reviews

Full reviews checked against each broker's own documents: IC Markets, Pepperstone, IG, FxPro, eToro, OANDA, Eightcap, Exness and XM.

Compare fees, platforms, minimum deposits and the regulator of the entity you would join, all checked against each broker's own documents.

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Broker Review Directory

Nine full reviews, each with sources. We do not publish star ratings or user review counts until we have a published, evidence-based method for them.

/IC Markets
IC Markets

Raw pricing from 0.0 pips with a published commission, on MT4, MT5, cTrader and TradingView.

Founded
2007, Sydney
Minimum deposit
$0 (global accounts)
Platforms
MT4 · MT5 · cTrader · TradingView
Regulators
FSA · CySEC · ASIC · SCB
Terms checked
3 Nov 2026
PPepperstone
Pepperstone

No minimum deposit, Razor raw pricing and an FCA-authorised UK company.

Founded
2010, Melbourne
Minimum deposit
$0
Platforms
Own platform · MT4 · MT5 · cTrader · TradingView
Regulators
ASIC · FCA · CySEC · SCB
Terms checked
3 Nov 2026
IG
IG

FCA-regulated since 1974, with spread betting in the UK and CFDs.

Founded
1974, London
Minimum deposit
$0 by bank transfer (IG International)
Platforms
IG platform · MT4 · ProRealTime
Regulators
FCA · ASIC · DFSA
Terms checked
3 Nov 2026
FxPro
FxPro

MT4, MT5 and cTrader, with raw pricing from $3.50 per side.

Founded
1999, London
Minimum deposit
Not confirmed (standard)
Platforms
MT4 · MT5 · cTrader · TradingView
Regulators
FCA · SCB · FSA
Terms checked
3 Nov 2026
eToro
eToro

Social and copy trading on its own platform; spread-only forex pricing.

Founded
2007
Minimum deposit
$10 to $10,000 by region
Platforms
eToro platform and app
Regulators
FCA · CySEC · ASIC · FSA
Terms checked
3 Nov 2026
OANDA
OANDA

The only broker we review that accepts US forex clients.

Founded
1996
Minimum deposit
None in the US, UK and Australia
Platforms
OANDA · TradingView · MT4 · MT5
Regulators
FCA · CFTC/NFA · ASIC
Terms checked
3 Nov 2026
Eightcap
Eightcap

Raw pricing on MT4, MT5, TradingView and TradeLocker.

Founded
2015, Melbourne
Minimum deposit
$100
Platforms
MT4 · MT5 · TradingView · TradeLocker
Regulators
ASIC · FCA · CySEC · SCB · FSA
Terms checked
3 Nov 2026
✳ Exness
Exness

Raw and Zero accounts; most retail clients join an offshore entity.

Founded
2008
Minimum deposit
Varies by account and region
Platforms
MT4 · MT5 · Exness Terminal
Regulators
Offshore for most retail (FSA Seychelles)
Terms checked
3 Nov 2026
//XM
XM

$5 minimum on Standard and Ultra Low accounts, on MT4 and MT5.

Founded
Trading Point group
Minimum deposit
$5
Platforms
MT4 · MT5 · XM App
Regulators
CySEC (EU) · Belize (global)
Terms checked
3 Nov 2026

A good review answers the difficult questions.

A broker review should explain how a broker performs across the parts of the trading experience that matter most.

Review methodology →
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Entity & protection

Trading conditions cover spreads, commissions, execution and the terms that affect how much each trade costs.

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All-in costs

Customer support looks at how easy it is to get help, how responsive the broker is and how support works in practice.

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Everyday experience

Platform experience covers onboarding, demo access, navigation and whether the tools feel usable day to day.

Before you open an account

Why do broker cards show unavailable ratings?

Ratings only appear when a review has been published with evidence and a clear assessment method. Until then, the category remains unavailable.

Where should I verify broker details?

Check the broker's legal documents and the relevant regulator's official register. Confirm account fees, country eligibility and withdrawal rules for your specific entity.

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