Most Trusted Forex Brokers by Regulation
Forex brokers ordered by Trust Score: regulator tier of the entity that serves you, group licences, company structure and track record.
The most trusted forex brokers are those whose client-facing entity is licensed by a tier 1 regulator, backed by a group with several strong licences, a long record and public accounts. This list orders every broker in our database by that measure.
What this ranking does not tell you
Trust Score measures how well you are protected, not how cheap or convenient a broker is. A highly trusted broker can still be the wrong choice if its costs or platforms do not suit you. Use the comparison tool for those questions.
How this list is ranked: brokers must match the criteria above and hold at least one tier 1 or tier 2 licence. They are then ordered by Trust Score. Measured trading cost is not part of the ranking yet. Methodology.
| Broker | Trust Score | Your entity & regulator | Min. deposit | Platforms | |
|---|---|---|---|---|---|
| 1 CMC Markets Since 1989 · LSE: CMCX | 91/99 | FCA #173730 CMC Markets UK plc | $0 | Own platform, MetaTrader 4, TradingView | Review Visit CMC MarketsOfficial site · we earn no commission here |
| 2 Interactive Brokers Since 1978 · NASDAQ: IBKR | 91/99 | CFTC/NFA #0258600 Interactive Brokers LLC | $0 | Own platform, TradingView | Review Visit Interactive BrokersOfficial site · we earn no commission here |
| 3 City Index Since 1983 · NASDAQ: SNEX (parent) | 89/99 | FCA #446717 StoneX Financial Ltd | — | Own platform, MetaTrader 4, TradingView | Review Visit City IndexOfficial site · we earn no commission here |
| 4 Swissquote Since 1996 · SIX: SQN | 89/99 | FINMA Swissquote Bank Ltd | $1,000 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit SwissquoteOfficial site · we earn no commission here |
| 5 Saxo Since 1992 | 76/99 | Danish FSA #1149 Saxo Bank A/S | $0 | Own platform, TradingView | Review Visit SaxoOfficial site · we earn no commission here |
| 6 FOREX.com Since 2001 · NASDAQ: SNEX (parent) | 62/99 | CIMA #25033 GAIN Global Markets Inc. | $100 | Own platform, MetaTrader 4, MetaTrader 5, TradingView | Review Visit FOREX.comOfficial site · we earn no commission here |
| 7 Plus500 Since 2008 · LSE: PLUS | 62/99 | FSA Seychelles #SD039 Plus500SEY Ltd | $100 | Own platform | Review Visit Plus500Official site · we earn no commission here |
| 8 IG Since 1974 · LSE: IGG | 60/99 | BMA IG International Limited | — | Own platform, MetaTrader 4, TradingView | Review Visit IGOfficial site · we earn no commission here |
| 9 eToro Since 2007 · NASDAQ: ETOR | 56/99 | FSA Seychelles #SD076 eToro (Seychelles) Ltd | $50 | Own platform | Review Visit eToroOfficial site · we earn no commission here |
| 10 OANDA Since 1996 | 54/99 | BVI FSC OANDA Global Markets Ltd | $0 | Own platform, MetaTrader 4, MetaTrader 5, TradingView | Review Visit OANDAOfficial site · we earn no commission here |
Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.
CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.