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CommentFXBrokers

Lowest published trading cost

1

XM

8.3
  • CySEC
  • ASIC
  • FCA

Widest education programme in the directory; cost is mid-table

All-in cost 0.60 pipsMin $5Leverage 1:1000
2

Exness

8.5
  • FCA
  • CySEC
  • FSCA

Lowest entry of any tier-1 regulated broker and the fastest stated payout

All-in cost 0.70 pipsMin $10Leverage 1:2000
3

IC Markets

8.2
  • ASIC
  • CySEC
  • FSA-SC

Tightest raw spread in the directory, if you can fund the $200 minimum

All-in cost 0.80 pipsMin $200Leverage 1:500
4

Pepperstone

8.6
  • ASIC
  • FCA
  • BaFin

Four tier-1 and tier-2 licences with no offshore fallback entity

All-in cost 0.85 pipsMin $0Leverage 1:500
5

Eightcap

8.5
  • ASIC
  • FCA
  • CySEC

Raw pricing close to IC Markets at half the minimum deposit

All-in cost 0.90 pipsMin $100Leverage 1:500
6

FXTM

8.0
  • FCA
  • CMA-KE
  • FSC-MU

Multilingual support across 20 languages; offshore fallback for most clients

All-in cost 0.90 pipsMin $10Leverage 1:1000
7

Octa

7.6
  • CySEC
  • FSA-SVG

Commission-free pricing, an unregulated catch-all entity, and a live money-laundering prosecution

All-in cost 0.90 pipsMin $25Leverage 1:1000
8

RoboForex

6.5
  • IFSC-BZ
  • CySEC
  • BaFin

Six platforms and 1:2000 leverage — on an offshore licence only

All-in cost 1.10 pipsMin $10Leverage 1:2000
9

Alpari

4.7
  • MISA

A 1998 brand now run from Comoros on a licence the country’s central bank calls fictitious

All-in cost 1.20 pipsMin $20Leverage 1:1000
10

LiteFinance

4.4
  • FSA-SVG
  • CySEC
  • FSC-MU

Built-in copy trading; no compensation scheme behind client money

All-in cost 1.30 pipsMin $50Leverage 1:1000

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