Author
Author
Author
Author
Björn Michels
CEO

Björn Michels is the CEO and co-founder of FxScouts Group AB

Learn more about Björn Michels
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Compare brokers to
find the right fit

Trading with a reputable online broker is a crucial factor for success in the international markets. At FxScouts, we help you find the broker that suits your trading needs.


Each year we spend thousands of hours testing brokers by opening accounts, testing their platforms, and rating them according to a set of over 200 metrics.

Select broker to compare

How Are The Best Forex Brokers In The US Scored?

FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. We ensure transparency by incorporating regulator data and user insights. Our in-depth reviews consider over 200 metrics across seven key categories. The radar chart to the left shows how important each category is when calculating a broker’s final score.

  • Trust Rating: Assessment of broker reliability and reputation
  • Trading Costs: Spreads and fees for clear comparisons
  • Platforms: User-friendliness and features 
  • Asset Selection: Forex, stocks, and other available instruments
  • Deposit and Withdrawal: Simple and free deposits & withdrawals
  • Education: Support for beginners and developing traders
  • Customer Support: Accessibility, responsiveness, and expertise

 

Learn how we set the standard for broker reviews. Explore our in-depth review process here.

Most Compared Brokers in in June 2026

We’re revealing the most requested broker comparisons to simplify your search. These are the matchups constantly on the minds of American investors, and with good reason. They excel in the areas that matter most to us:

  • CFTC Regulation: Safety and security are non-negotiable.
  • Transparent Fees: We want to keep our hard-earned profits!
  • Diverse Assets: Stocks, forex, crypto – these brokers offer the variety you’re looking for.
  • User-Friendly Platforms: Whether you’re a pro or starting out, finding the right platform is crucial.

Let’s cut through the noise! Compare these in-demand brokers and discover the best fit for your investment journey

IG
Oanda
FCA, ASIC
Regulators
FCA, ASIC
30:1
Leverage
800:1
MT4, L2 Dealer
Platforms
MT4, MT5
0.6 pips
Min. Spread
0.2 pips
USD 0
Min. Deposit
USD 0
Full Comparison

Top Overall Brokers by Broker Score

Unbiased Expertise

Independent, in-depth reviews and comparisons of all CFTC-regulated Forex brokers, empowering you to make informed choices.

How we review
Educational Resources

Comprehensive guides for all levels, from the basics of Forex to advanced strategies tailored for your experience.

2026 Forex Brokers
Transparent Information

A focus on facts, accuracy, and up-to-date data to give you the insights you need to succeed in your Forex journey.

Our commitment
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Listen to Alison and Chris discuss what to look for in a Forex broker. They cover the importance of finding a well-regulated broker, a user-friendly platform, and keeping your trading costs low. They also recommend looking for a broker with good educational resources, a demo account, and good customer support.

Best Forex Brokers in 2026

To identify the best forex brokers, we compiled a comprehensive list of all well-regulated brokers. We then ranked them based on their overall score, considering key factors such as regulation, trading conditions, platform quality, and customer support.

You can either use the arrow button or swipe on mobile

Overall Rating
Our overall rating evaluates brokers on platform quality, fees, service, regulation, and instruments. Higher scores reflect better performance and reliability.
Official Site
Click to visit the broker’s official website for more information and to open an account.
Min. Deposit
The minimum amount of money required to open an account with this broker.
Min. Spread
Trading Cost
Licenced by
Displays the financial regulators licensing the broker, shown by national flags, ensuring compliance with financial standards for safer trading.
Accepts Traders from %s
Compare
Select two brokers using the checkboxes to compare their features, fees, platforms, and more side by side.
4.47
/ 5
Read Review
Visit Broker
75% of retail CFD accounts lose money
USD 100
0.70 pips
USD 8
FCA Regulated Forex BrokersASIC Regulated BrokersMonetary Authority of SingaporeCySEC Regulated Brokers
Cayman Islands Monetary Authority
4.69
/ 5
Read Review
Visit Broker
68% of retail CFD accounts lose money
USD 0
0.60 pips
USD 6
FCA Regulated Forex BrokersASIC Regulated BrokersFinancial Services Conduct AuthorityMonetary Authority of Singapore
DFSA Regulated Forex BrokersFinancial Services AgencyCommodity Futures Trading AssociationSwiss Financial Market Supervisory AuthorityFinancial Markets Authority of New ZealandBundesanstalt für FinanzdienstleistungsaufsichtBermuda Monetary Authority
4.25
/ 5
Read Review
Visit Broker
73.5% of retail CFD accounts lose money
USD 0
0.20 pips
USD 10
FCA Regulated Forex BrokersASIC Regulated BrokersMonetary Authority of SingaporeInvestment Industry Regulatory Organization of Canada
British Virgin Islands Financial Services CommissionThe Seychelles Financial Services Authority
4.31
/ 5
Read Review
Visit Broker
N/A of retail CFD accounts lose money
USD 1
0.10 pips
USD 5.40
FCA Regulated Forex BrokersCommodity Futures Trading AssociationASIC Regulated BrokersInvestment Industry Regulatory Organization of Canada
Monetary Authority of SingaporeSecurities & Futures Commission
FOREX.com
4.5
Read Review
Indicates whether the broker is regulated by the Financial Conduct Authority (FCA) in UK, ensuring compliance with local financial laws and offering trader protection.
Min. Deposit
The minimum amount of money required to open an account with this broker.
USD 100
Min. Spread
0.7 pips
Trading Cost
USD 8
Licenced by
regulatorregulatorregulatorregulator
regulator
Accepts Traders from %s
Visit Broker
Compare now
IG
4.7
Read Review
Indicates whether the broker is regulated by the Financial Conduct Authority (FCA) in UK, ensuring compliance with local financial laws and offering trader protection.
Min. Deposit
The minimum amount of money required to open an account with this broker.
USD 0
Min. Spread
0.6 pips
Trading Cost
USD 6
Licenced by
regulatorregulatorregulatorregulator
regulatorregulatorregulatorregulatorregulatorregulatorregulator
Accepts Traders from %s
Visit Broker
Compare now
Oanda
4.3
Read Review
Indicates whether the broker is regulated by the Financial Conduct Authority (FCA) in UK, ensuring compliance with local financial laws and offering trader protection.
Min. Deposit
The minimum amount of money required to open an account with this broker.
USD 0
Min. Spread
0.2 pips
Trading Cost
USD 10
Licenced by
regulatorregulatorregulatorregulator
regulatorregulator
Accepts Traders from %s
Visit Broker
Compare now
Interactive Brokers
4.3
Read Review
Indicates whether the broker is regulated by the Financial Conduct Authority (FCA) in UK, ensuring compliance with local financial laws and offering trader protection.
Min. Deposit
The minimum amount of money required to open an account with this broker.
USD 1
Min. Spread
0.1 pips
Trading Cost
USD 5
Licenced by
regulatorregulatorregulatorregulator
regulatorregulator
Accepts Traders from %s
Visit Broker
Compare now

                

                    
Let's Talk Forex with Alison & Chris

                

            

            

                

                    

                        

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Alison and Chris cover a range of topics, including how to choose a Forex broker, safety and regulation, how to reduce your risk, trading psychology, trading platforms, and trading strategies, among others.


The FxScouts podcast helps beginner Forex traders get the best start to their trading careers.

                

                    Listen Now!
                

            

                    


            





    

        

            

                
            

            

                


                

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