How We Rank Brokers
Our comprehensive methodology evaluates brokers across 5 key criteria
Safety & Regulation (30%)
Tier-1 regulatory oversight, fund protection, operational history
Trading Costs (25%)
Spreads, commissions, fees, and overall cost competitiveness
Platform & Tools (20%)
Trading platforms, charting, order types, mobile apps
Market Access (15%)
Instrument variety, execution quality, liquidity
Support & Service (10%)
Customer service, education, research quality
Top 10 ECN Brokers
Built from ECN-focused roundups and brokers commonly associated with ECN/agency-style execution options.
FP Markets
Regularly listed in ECN roundups for pricing and execution.
IC Markets
Frequently cited as a top ECN-style broker for active traders.
Pepperstone
Well-known for raw pricing options and strong execution.
Tickmill
Often highlighted for ECN-style accounts and competitive costs.
BlackBull Markets
Positioned toward execution-focused trading setups.
Vantage
Frequently discussed as an ECN-style option in many regions.
XM
Commonly used globally; offers account types suited to different styles.
OANDA
Strong global brand with solid infrastructure and pricing transparency.
FOREX.com
Large, established broker with strong infrastructure.
Interactive Brokers
Institutional-grade access and competitive pricing in many cases.
Best Brokers by Category
🥇 Best Overall
IG Group
Market leader with 50+ years experience, 17,000+ instruments, and top-tier regulation across multiple jurisdictions.
View Review →⚡ Best for Scalping
IC Markets
True ECN execution with ultra-low spreads from 0.0 pips and sub-40ms latency for professional scalpers.
View Review →📚 Best for Beginners
CMC Markets
Zero minimum deposit, excellent education, and intuitive platform perfect for new traders.
View Review →💎 Best Premium Service
Saxo Bank
Bank-level regulation with 40,000+ instruments and premium research for serious traders.
View Review →Complete Broker Comparison
Side-by-side analysis of key metrics for our top-rated brokers
| Rank | Broker | Rating | Min Deposit | EUR/USD | Regulation | Best For | Action |
|---|---|---|---|---|---|---|---|
| #1 | IG Group | 4.6/5 | $250 | 0.6 pips | FCA, ASIC | Overall | AI Match |
| #2 | IC Markets | 4.5/5 | $200 | 0.0 pips* | ASIC, CySEC | Scalping | AI Match |
| #3 | CMC Markets | 4.4/5 | $0 | 0.7 pips | FCA, ASIC | Beginners | AI Match |
| #4 | Saxo Bank | 4.4/5 | $10,000 | 0.9 pips | FCA, ASIC | Premium | AI Match |
| #5 | eToro | 4.3/5 | $50 | 1.0 pips | FCA, CySEC | Social Trading | AI Match |
| #6 | Pepperstone | 4.3/5 | $200 | 0.1 pips* | FCA, ASIC | Low Cost | AI Match |
| #7 | XTB | 4.2/5 | $250 | 0.8 pips | FCA, CySEC | User-Friendly | AI Match |
| #8 | OANDA | 4.2/5 | $0 | 1.2 pips | FCA, ASIC | Reliable | AI Match |
| #9 | Interactive Brokers | 4.1/5 | $0 | 0.2 pips* | FCA, SEC | Professional | AI Match |
| #10 | Plus500 | 4.1/5 | $100 | 0.8 pips | FCA, CySEC | CFD Trading | AI Match |
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Frequently Asked Questions
Common questions about choosing the best forex broker in 2025