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Each year, the FxScouts editorial and research team evaluates the world’s favourite Forex and CFD brokers for our Annual Broker Awards. The awards cover eight categories that highlight key features that top brokers should provide.
These categories include Best Trading Tools, Best Customer Support, Best Trading Conditions, Best Trading Innovation, Best Trading for Beginners, Best Proprietary Platform, and Best Forex Trading Education, as well as the prestigious Global Forex Broker of the Year.
We have worked with some of these companies for over a decade and want to award the best of them for their accomplishments. Our independent and unbiased review process is the only basis for these awards.
The winners across all the categories have excelled this year and we want to congratulate each of these brokers and extend our congratulations to their hard-working and dedicated staff, who are the backbone of their success.
We are delighted to announce that Pepperstone is the Global Forex Broker of the Year for 2024.
Below, you will find the brokers who have earned the honour of being rewarded as this year's Forex award winners in various categories. Click on the image to learn more about what sets them apart from their competitors and why we selected them as our winners in 2024.
Our Forex Rankings table below provides a continuously-updated overview of the CFD broker market, where each broker is graded on 200+ metrics across seven areas of interest, and weighted to give a total average score.
We are commited to bring transparency in the Forex trading market. We conduct exhaustive broker reviews, in-depth platform tests, and employ our proprietary FX Integrity Score system. We are forensic in our research, ensuring brokers’ claims align with their actual services, going beyond mere surface-level analysis.
Our Ranking Methodology
Our specialism has always been reviewing and rating the best CFD brokers in the world and we thought it was time to open up our methodology to you, the traders. For this Rankings table report we have assessed brokers across seven areas of interest and then combined them to get an overall rating.
For ease of use, you can sort the brokers by any of the seven areas of interest to find the one that best performs in the category that is most important to you.
Brokers are constantly improving their product offering and this report will reflect any changes they make, so it is worth checking back here occasionally to see what has changed.
Areas of Interest (with weightings)
Platforms and Tools (17.5%)
A broker which supports the widest range of platform choice is in the best interest of the trader. While proprietary trading platforms can add value, they can be a barrier to the free movement of traders between brokers as they hunt for better trading conditions.
Trust and Regulation (20%)
Regulation in the CFD trading industry is the single best indicator of trust; the better the regulator overseeing the broker, the more trustworthy the broker is. As regulators operate independently and have varying rules and enforcement mechanisms, we have categorised regulators into four different tiers, where Tier 1 regulators are the most trusted to protect clients and Tier 4 regulators are the least trusted.
Deposit & Withdrawal (10%)
Most of the complaints we receive about brokers relate to client access to their funds. Therefore, we place more value in withdrawal methods than deposit methods; and fast, fee-less withdrawals are favoured over conventional banking methods.
Assets Available (12.5%)
The more CFD assets classes available to traders, the better and more varied the trading experience can be. While the basics must always be covered, brokers with comparatively more inventory are rated higher than those with less.
Education & Research (10%)
Quality of education and research is vital to traders of all levels, and we reward brokers with well-structured and high-quality learning content for traders of all levels.
Customer Service (10%)
As CFD brokers are financial institutions that hold client funds, quick access to customer service is essential. Brokers who offer clients faster access to customer service at any time, and in any language are favoured.
Trading Conditions (20%)
Trading conditions dictate the fees brokers charge for offering their service, and the quality of service provided to traders. We believe that the best brokers offer competitive trading accounts for beginner traders, with a great product offering, and reasonable minimum deposits.
You can either use the arrow button or swipe on mobile
Broker | Broker Score | Regulation | Trading Conditions | Trading Platforms | Deposit & Withdrawal | Education & Research | Assets Available | Customer Service | Compare |
|---|---|---|---|---|---|---|---|---|---|
 | 5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 5 | ||
 | 5 | 4.5 | 4.5 | 5 | 5 | 5 | 4 | ||
 | 5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
 | 5 | 5 | 4.5 | 4.5 | 5 | 4 | 4 | ||
 | 5 | 4.5 | 5 | 4 | 4.5 | 4.5 | 4.5 | ||
 | 4.5 | 5 | 5 | 4.5 | 4.5 | 4 | 4.5 | ||
 | 4.5 | 4.5 | 4.5 | 4.5 | 5 | 5 | 4.5 | ||
 | 4.5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
 | 4.5 | 4.5 | 4.5 | 4.5 | 5 | 4.5 | 4.5 | ||
 | 5 | 5 | 4.5 | 4 | 5 | 4.5 | 3 | ||
 | 5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4 | ||
 | 5 | 5 | 4 | 3 | 5 | 4.5 | 4.5 | ||
 | 4.5 | 4 | 5 | 4 | 5 | 4.5 | 4.5 | ||
 | 4.5 | 5 | 4.5 | 4.5 | 5 | 3.5 | 4 | ||
 | 5 | 4.5 | 4 | 4.5 | 4.5 | 4.5 | 4 | ||
 | 4.5 | 4 | 4.5 | 4.5 | 5 | 4.5 | 4.5 | ||
 | 4.5 | 4.5 | 5 | 5 | 3.5 | 3.5 | 4.5 | ||
 | 5 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | 4 | ||
 | 5 | 5 | 4.5 | 2.5 | 4.5 | 4.5 | 3.5 | ||
 | 4 | 4.5 | 4.5 | 5 | 4.5 | 4 | 4.5 | ||
 | 4 | 4.5 | 4.5 | 5 | 5 | 4 | 4 | ||
 | 4.5 | 5 | 4.5 | 4.5 | 3.5 | 4 | 4 | ||
 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4.5 | ||
 | 4.5 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | 4.5 | ||
 | 5 | 4 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | ||
 | 4.5 | 4 | 4.5 | 4.5 | 4.5 | 4.5 | 4 | ||
 | 4 | 5 | 4.5 | 4.5 | 3.5 | 4 | 4.5 | ||
 | 5 | 5 | 4 | 1 | 5 | 5 | 4 | ||
 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4 | ||
 | 5 | 4.5 | 4.5 | 1 | 5 | 4.5 | 4.5 | ||
 | 3.5 | 4.5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
 | 5 | 3.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | ||
 | 4 | 4.5 | 4.5 | 3 | 5 | 4 | 5 | ||
 | 4 | 5 | 4 | 5 | 3.5 | 5 | 3 | ||
 | 4 | 5 | 4.5 | 4.5 | 4.5 | 3.5 | 3.5 | ||
 | 5 | 4 | 4.5 | 4.5 | 4.5 | 3.5 | 3.5 | ||
 | 4 | 5 | 4 | 4.5 | 3.5 | 4.5 | 4 | ||
 | 4 | 4.5 | 5 | 4.5 | 2 | 4.5 | 4.5 | ||
 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4 | 3 | ||
 | 4.5 | 3.5 | 4.5 | 4.5 | 4.5 | 4 | 4 | ||
 | 4 | 2.5 | 4.5 | 5 | 5 | 5 | 4.5 | ||
 | 4.5 | 4.5 | 4.5 | 4 | 3.5 | 4 | 3 | ||
 | 5 | 4 | 4.5 | 4.5 | 3.5 | 3.5 | 3 | ||
 | 5 | 3 | 4 | 4.5 | 3.5 | 4.5 | 4.5 | ||
 | 4 | 4.5 | 4.5 | 3 | 3.5 | 4.5 | 4 | ||
 | 4 | 4 | 4.5 | 4.5 | 3 | 4.5 | 4 | ||
 | 4 | 5 | 4 | 4.5 | 1.5 | 4.5 | 4 | ||
 | 4.5 | 3.5 | 4.5 | 4.5 | 3 | 4 | 4 | ||
 | 3 | 4.5 | 5 | 4.5 | 4.5 | 3.5 | 3 | ||
 | 4 | 3.5 | 4.5 | 4.5 | 3.5 | 4 | 4 |
Below you will find the very best brokers in business who have earned the honour of being rewarded as this year's Forex award winners in various categories. Click on the image to find out more about what sets them apart from their competitors and why we selected them as our winners 2023.
Our Forex Rankings table below provides a continuously-updated overview of the CFD broker market, where each broker is graded on 200+ metrics across seven areas of interest, and weighted to give a total average score.
We are commited to bring transparency in the Forex trading market. We conduct exhaustive broker reviews, in-depth platform tests, and employ our proprietary FX Integrity Score system. We are forensic in our research, ensuring brokers’ claims align with their actual services, going beyond mere surface-level analysis.
Our Ranking Methodology
Our specialism has always been reviewing and rating the best CFD brokers in the world and we thought it was time to open up our methodology to you, the traders. For this Rankings table report we have assessed brokers across seven areas of interest and then combined them to get an overall rating.
For ease of use, you can sort the brokers by any of the seven areas of interest to find the one that best performs in the category that is most important to you.
Brokers are constantly improving their product offering and this report will reflect any changes they make, so it is worth checking back here occasionally to see what has changed.
Areas of Interest (with weightings)
Platforms and Tools (17.5%)
A broker which supports the widest range of platform choice is in the best interest of the trader. While proprietary trading platforms can add value, they can be a barrier to the free movement of traders between brokers as they hunt for better trading conditions.
Trust and Regulation (20%)
Regulation in the CFD trading industry is the single best indicator of trust; the better the regulator overseeing the broker, the more trustworthy the broker is. As regulators operate independently and have varying rules and enforcement mechanisms, we have categorised regulators into four different tiers, where Tier 1 regulators are the most trusted to protect clients and Tier 4 regulators are the least trusted.
Deposit & Withdrawal (10%)
Most of the complaints we receive about brokers relate to client access to their funds. Therefore, we place more value in withdrawal methods than deposit methods; and fast, fee-less withdrawals are favoured over conventional banking methods.
Assets Available (12.5%)
The more CFD assets classes available to traders, the better and more varied the trading experience can be. While the basics must always be covered, brokers with comparatively more inventory are rated higher than those with less.
Education & Research (10%)
Quality of education and research is vital to traders of all levels, and we reward brokers with well-structured and high-quality learning content for traders of all levels.
Customer Service (10%)
As CFD brokers are financial institutions that hold client funds, quick access to customer service is essential. Brokers who offer clients faster access to customer service at any time, and in any language are favoured.
Trading Conditions (20%)
Trading conditions dictate the fees brokers charge for offering their service, and the quality of service provided to traders. We believe that the best brokers offer competitive trading accounts for beginner traders, with a great product offering, and reasonable minimum deposits.
You can either use the arrow button or swipe on mobile
Broker | Broker Score | Regulation | Trading Conditions | Trading Platforms | Deposit & Withdrawal | Education & Research | Assets Available | Customer Service | Compare |
|---|---|---|---|---|---|---|---|---|---|
| 5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 5 | ||
| 5 | 4.5 | 4.5 | 5 | 5 | 5 | 4 | ||
| 5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
| 5 | 5 | 4.5 | 4.5 | 5 | 4 | 4 | ||
| 5 | 4.5 | 5 | 4 | 4.5 | 4.5 | 4.5 | ||
| 4.5 | 5 | 5 | 4.5 | 4.5 | 4 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 5 | 5 | 4.5 | ||
| 4.5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 5 | 4.5 | 4.5 | ||
| 5 | 5 | 4.5 | 4 | 5 | 4.5 | 3 | ||
| 5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4 | ||
| 5 | 5 | 4 | 3 | 5 | 4.5 | 4.5 | ||
| 4.5 | 4 | 5 | 4 | 5 | 4.5 | 4.5 | ||
| 4.5 | 5 | 4.5 | 4.5 | 5 | 3.5 | 4 | ||
| 5 | 4.5 | 4 | 4.5 | 4.5 | 4.5 | 4 | ||
| 4.5 | 4 | 4.5 | 4.5 | 5 | 4.5 | 4.5 | ||
| 4.5 | 4.5 | 5 | 5 | 3.5 | 3.5 | 4.5 | ||
| 5 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | 4 | ||
| 5 | 5 | 4.5 | 2.5 | 4.5 | 4.5 | 3.5 | ||
| 4 | 4.5 | 4.5 | 5 | 4.5 | 4 | 4.5 | ||
| 4 | 4.5 | 4.5 | 5 | 5 | 4 | 4 | ||
| 4.5 | 5 | 4.5 | 4.5 | 3.5 | 4 | 4 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | 4.5 | ||
| 5 | 4 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | ||
| 4.5 | 4 | 4.5 | 4.5 | 4.5 | 4.5 | 4 | ||
| 4 | 5 | 4.5 | 4.5 | 3.5 | 4 | 4.5 | ||
| 5 | 5 | 4 | 1 | 5 | 5 | 4 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4 | ||
| 5 | 4.5 | 4.5 | 1 | 5 | 4.5 | 4.5 | ||
| 3.5 | 4.5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
| 5 | 3.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | ||
| 4 | 4.5 | 4.5 | 3 | 5 | 4 | 5 | ||
| 4 | 5 | 4 | 5 | 3.5 | 5 | 3 | ||
| 4 | 5 | 4.5 | 4.5 | 4.5 | 3.5 | 3.5 | ||
| 5 | 4 | 4.5 | 4.5 | 4.5 | 3.5 | 3.5 | ||
| 4 | 5 | 4 | 4.5 | 3.5 | 4.5 | 4 | ||
| 4 | 4.5 | 5 | 4.5 | 2 | 4.5 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4 | 3 | ||
| 4.5 | 3.5 | 4.5 | 4.5 | 4.5 | 4 | 4 | ||
| 4 | 2.5 | 4.5 | 5 | 5 | 5 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 4 | 3.5 | 4 | 3 | ||
| 5 | 4 | 4.5 | 4.5 | 3.5 | 3.5 | 3 | ||
| 5 | 3 | 4 | 4.5 | 3.5 | 4.5 | 4.5 | ||
| 4 | 4.5 | 4.5 | 3 | 3.5 | 4.5 | 4 | ||
| 4 | 4 | 4.5 | 4.5 | 3 | 4.5 | 4 | ||
| 4 | 5 | 4 | 4.5 | 1.5 | 4.5 | 4 | ||
| 4.5 | 3.5 | 4.5 | 4.5 | 3 | 4 | 4 | ||
| 3 | 4.5 | 5 | 4.5 | 4.5 | 3.5 | 3 | ||
| 4 | 3.5 | 4.5 | 4.5 | 3.5 | 4 | 4 |
Each year FxScouts and our sister sites in the FxScouts Group evaluate the world's favourite Forex and CFD brokers. We have worked with some of these companies for over a decade, and as 2022 comes to a close, we want to award the best of them for their accomplishments this year. Our independent and unbiased review process is the only basis for these awards.
We would like to congratulate each of these brokers; and also extend our congratulations to their hard-working and dedicated staff, who are the backbone of their success.
Our Forex Rankings table below provides a continuously-updated overview of the CFD broker market, where each broker is graded on 200+ metrics across seven areas of interest, and weighted to give a total average score.
We are commited to bring transparency in the Forex trading market. We conduct exhaustive broker reviews, in-depth platform tests, and employ our proprietary FX Integrity Score system. We are forensic in our research, ensuring brokers’ claims align with their actual services, going beyond mere surface-level analysis.
Our Ranking Methodology
Our specialism has always been reviewing and rating the best CFD brokers in the world and we thought it was time to open up our methodology to you, the traders. For this Rankings table report we have assessed brokers across seven areas of interest and then combined them to get an overall rating.
For ease of use, you can sort the brokers by any of the seven areas of interest to find the one that best performs in the category that is most important to you.
Brokers are constantly improving their product offering and this report will reflect any changes they make, so it is worth checking back here occasionally to see what has changed.
Areas of Interest (with weightings)
Platforms and Tools (17.5%)
A broker which supports the widest range of platform choice is in the best interest of the trader. While proprietary trading platforms can add value, they can be a barrier to the free movement of traders between brokers as they hunt for better trading conditions.
Trust and Regulation (20%)
Regulation in the CFD trading industry is the single best indicator of trust; the better the regulator overseeing the broker, the more trustworthy the broker is. As regulators operate independently and have varying rules and enforcement mechanisms, we have categorised regulators into four different tiers, where Tier 1 regulators are the most trusted to protect clients and Tier 4 regulators are the least trusted.
Deposit & Withdrawal (10%)
Most of the complaints we receive about brokers relate to client access to their funds. Therefore, we place more value in withdrawal methods than deposit methods; and fast, fee-less withdrawals are favoured over conventional banking methods.
Assets Available (12.5%)
The more CFD assets classes available to traders, the better and more varied the trading experience can be. While the basics must always be covered, brokers with comparatively more inventory are rated higher than those with less.
Education & Research (10%)
Quality of education and research is vital to traders of all levels, and we reward brokers with well-structured and high-quality learning content for traders of all levels.
Customer Service (10%)
As CFD brokers are financial institutions that hold client funds, quick access to customer service is essential. Brokers who offer clients faster access to customer service at any time, and in any language are favoured.
Trading Conditions (20%)
Trading conditions dictate the fees brokers charge for offering their service, and the quality of service provided to traders. We believe that the best brokers offer competitive trading accounts for beginner traders, with a great product offering, and reasonable minimum deposits.
You can either use the arrow button or swipe on mobile
Broker | Broker Score | Regulation | Trading Conditions | Trading Platforms | Deposit & Withdrawal | Education & Research | Assets Available | Customer Service | Compare |
|---|---|---|---|---|---|---|---|---|---|
| 5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 5 | ||
| 5 | 4.5 | 4.5 | 5 | 5 | 5 | 4 | ||
| 5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
| 5 | 5 | 4.5 | 4.5 | 5 | 4 | 4 | ||
| 5 | 4.5 | 5 | 4 | 4.5 | 4.5 | 4.5 | ||
| 4.5 | 5 | 5 | 4.5 | 4.5 | 4 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 5 | 5 | 4.5 | ||
| 4.5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 5 | 4.5 | 4.5 | ||
| 5 | 5 | 4.5 | 4 | 5 | 4.5 | 3 | ||
| 5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4 | ||
| 5 | 5 | 4 | 3 | 5 | 4.5 | 4.5 | ||
| 4.5 | 4 | 5 | 4 | 5 | 4.5 | 4.5 | ||
| 4.5 | 5 | 4.5 | 4.5 | 5 | 3.5 | 4 | ||
| 5 | 4.5 | 4 | 4.5 | 4.5 | 4.5 | 4 | ||
| 4.5 | 4 | 4.5 | 4.5 | 5 | 4.5 | 4.5 | ||
| 4.5 | 4.5 | 5 | 5 | 3.5 | 3.5 | 4.5 | ||
| 5 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | 4 | ||
| 5 | 5 | 4.5 | 2.5 | 4.5 | 4.5 | 3.5 | ||
| 4 | 4.5 | 4.5 | 5 | 4.5 | 4 | 4.5 | ||
| 4 | 4.5 | 4.5 | 5 | 5 | 4 | 4 | ||
| 4.5 | 5 | 4.5 | 4.5 | 3.5 | 4 | 4 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | 4.5 | ||
| 5 | 4 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | ||
| 4.5 | 4 | 4.5 | 4.5 | 4.5 | 4.5 | 4 | ||
| 4 | 5 | 4.5 | 4.5 | 3.5 | 4 | 4.5 | ||
| 5 | 5 | 4 | 1 | 5 | 5 | 4 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4 | ||
| 5 | 4.5 | 4.5 | 1 | 5 | 4.5 | 4.5 | ||
| 3.5 | 4.5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
| 5 | 3.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | ||
| 4 | 4.5 | 4.5 | 3 | 5 | 4 | 5 | ||
| 4 | 5 | 4 | 5 | 3.5 | 5 | 3 | ||
| 4 | 5 | 4.5 | 4.5 | 4.5 | 3.5 | 3.5 | ||
| 5 | 4 | 4.5 | 4.5 | 4.5 | 3.5 | 3.5 | ||
| 4 | 5 | 4 | 4.5 | 3.5 | 4.5 | 4 | ||
| 4 | 4.5 | 5 | 4.5 | 2 | 4.5 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4 | 3 | ||
| 4.5 | 3.5 | 4.5 | 4.5 | 4.5 | 4 | 4 | ||
| 4 | 2.5 | 4.5 | 5 | 5 | 5 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 4 | 3.5 | 4 | 3 | ||
| 5 | 4 | 4.5 | 4.5 | 3.5 | 3.5 | 3 | ||
| 5 | 3 | 4 | 4.5 | 3.5 | 4.5 | 4.5 | ||
| 4 | 4.5 | 4.5 | 3 | 3.5 | 4.5 | 4 | ||
| 4 | 4 | 4.5 | 4.5 | 3 | 4.5 | 4 | ||
| 4 | 5 | 4 | 4.5 | 1.5 | 4.5 | 4 | ||
| 4.5 | 3.5 | 4.5 | 4.5 | 3 | 4 | 4 | ||
| 3 | 4.5 | 5 | 4.5 | 4.5 | 3.5 | 3 | ||
| 4 | 3.5 | 4.5 | 4.5 | 3.5 | 4 | 4 |
Every year FxScouts evaluate the best brokers in the world. We have worked with some of these brands for over 10 years, and as 2021 comes to a close, we feel it appropriate to award some of them for their accomplishments this year.
Our review process and editorial policy guide the way we review brokers. Our research alone, without bias, is how we create these awards. Congratulations to each of these brands for the hard work and dedication from their staff to be crowned as one of the best of 2021.
Our Forex Rankings table below provides a continuously-updated overview of the CFD broker market, where each broker is graded on 200+ metrics across seven areas of interest, and weighted to give a total average score.
We are commited to bring transparency in the Forex trading market. We conduct exhaustive broker reviews, in-depth platform tests, and employ our proprietary FX Integrity Score system. We are forensic in our research, ensuring brokers’ claims align with their actual services, going beyond mere surface-level analysis.
Our Ranking Methodology
Our specialism has always been reviewing and rating the best CFD brokers in the world and we thought it was time to open up our methodology to you, the traders. For this Rankings table report we have assessed brokers across seven areas of interest and then combined them to get an overall rating.
For ease of use, you can sort the brokers by any of the seven areas of interest to find the one that best performs in the category that is most important to you.
Brokers are constantly improving their product offering and this report will reflect any changes they make, so it is worth checking back here occasionally to see what has changed.
Areas of Interest (with weightings)
Platforms and Tools (17.5%)
A broker which supports the widest range of platform choice is in the best interest of the trader. While proprietary trading platforms can add value, they can be a barrier to the free movement of traders between brokers as they hunt for better trading conditions.
Trust and Regulation (20%)
Regulation in the CFD trading industry is the single best indicator of trust; the better the regulator overseeing the broker, the more trustworthy the broker is. As regulators operate independently and have varying rules and enforcement mechanisms, we have categorised regulators into four different tiers, where Tier 1 regulators are the most trusted to protect clients and Tier 4 regulators are the least trusted.
Deposit & Withdrawal (10%)
Most of the complaints we receive about brokers relate to client access to their funds. Therefore, we place more value in withdrawal methods than deposit methods; and fast, fee-less withdrawals are favoured over conventional banking methods.
Assets Available (12.5%)
The more CFD assets classes available to traders, the better and more varied the trading experience can be. While the basics must always be covered, brokers with comparatively more inventory are rated higher than those with less.
Education & Research (10%)
Quality of education and research is vital to traders of all levels, and we reward brokers with well-structured and high-quality learning content for traders of all levels.
Customer Service (10%)
As CFD brokers are financial institutions that hold client funds, quick access to customer service is essential. Brokers who offer clients faster access to customer service at any time, and in any language are favoured.
Trading Conditions (20%)
Trading conditions dictate the fees brokers charge for offering their service, and the quality of service provided to traders. We believe that the best brokers offer competitive trading accounts for beginner traders, with a great product offering, and reasonable minimum deposits.
You can either use the arrow button or swipe on mobile
Broker | Broker Score | Regulation | Trading Conditions | Trading Platforms | Deposit & Withdrawal | Education & Research | Assets Available | Customer Service | Compare |
|---|---|---|---|---|---|---|---|---|---|
| 5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 5 | ||
| 5 | 4.5 | 4.5 | 5 | 5 | 5 | 4 | ||
| 5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
| 5 | 5 | 4.5 | 4.5 | 5 | 4 | 4 | ||
| 5 | 4.5 | 5 | 4 | 4.5 | 4.5 | 4.5 | ||
| 4.5 | 5 | 5 | 4.5 | 4.5 | 4 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 5 | 5 | 4.5 | ||
| 4.5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 5 | 4.5 | 4.5 | ||
| 5 | 5 | 4.5 | 4 | 5 | 4.5 | 3 | ||
| 5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4 | ||
| 5 | 5 | 4 | 3 | 5 | 4.5 | 4.5 | ||
| 4.5 | 4 | 5 | 4 | 5 | 4.5 | 4.5 | ||
| 4.5 | 5 | 4.5 | 4.5 | 5 | 3.5 | 4 | ||
| 5 | 4.5 | 4 | 4.5 | 4.5 | 4.5 | 4 | ||
| 4.5 | 4 | 4.5 | 4.5 | 5 | 4.5 | 4.5 | ||
| 4.5 | 4.5 | 5 | 5 | 3.5 | 3.5 | 4.5 | ||
| 5 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | 4 | ||
| 5 | 5 | 4.5 | 2.5 | 4.5 | 4.5 | 3.5 | ||
| 4 | 4.5 | 4.5 | 5 | 4.5 | 4 | 4.5 | ||
| 4 | 4.5 | 4.5 | 5 | 5 | 4 | 4 | ||
| 4.5 | 5 | 4.5 | 4.5 | 3.5 | 4 | 4 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | 4.5 | ||
| 5 | 4 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | ||
| 4.5 | 4 | 4.5 | 4.5 | 4.5 | 4.5 | 4 | ||
| 4 | 5 | 4.5 | 4.5 | 3.5 | 4 | 4.5 | ||
| 5 | 5 | 4 | 1 | 5 | 5 | 4 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4 | ||
| 5 | 4.5 | 4.5 | 1 | 5 | 4.5 | 4.5 | ||
| 3.5 | 4.5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
| 5 | 3.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | ||
| 4 | 4.5 | 4.5 | 3 | 5 | 4 | 5 | ||
| 4 | 5 | 4 | 5 | 3.5 | 5 | 3 | ||
| 4 | 5 | 4.5 | 4.5 | 4.5 | 3.5 | 3.5 | ||
| 5 | 4 | 4.5 | 4.5 | 4.5 | 3.5 | 3.5 | ||
| 4 | 5 | 4 | 4.5 | 3.5 | 4.5 | 4 | ||
| 4 | 4.5 | 5 | 4.5 | 2 | 4.5 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4 | 3 | ||
| 4.5 | 3.5 | 4.5 | 4.5 | 4.5 | 4 | 4 | ||
| 4 | 2.5 | 4.5 | 5 | 5 | 5 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 4 | 3.5 | 4 | 3 | ||
| 5 | 4 | 4.5 | 4.5 | 3.5 | 3.5 | 3 | ||
| 5 | 3 | 4 | 4.5 | 3.5 | 4.5 | 4.5 | ||
| 4 | 4.5 | 4.5 | 3 | 3.5 | 4.5 | 4 | ||
| 4 | 4 | 4.5 | 4.5 | 3 | 4.5 | 4 | ||
| 4 | 5 | 4 | 4.5 | 1.5 | 4.5 | 4 | ||
| 4.5 | 3.5 | 4.5 | 4.5 | 3 | 4 | 4 | ||
| 3 | 4.5 | 5 | 4.5 | 4.5 | 3.5 | 3 | ||
| 4 | 3.5 | 4.5 | 4.5 | 3.5 | 4 | 4 |
Our review process and editorial policy guide the way we review brokers. Our research alone, without bias, is how we create these awards. Congratulations to each of these brands for the hard work and dedication from their staff to be crowned as one of the best of 2020.
Our Forex Rankings table below provides a continuously-updated overview of the CFD broker market, where each broker is graded on 200+ metrics across seven areas of interest, and weighted to give a total average score.
We are commited to bring transparency in the Forex trading market. We conduct exhaustive broker reviews, in-depth platform tests, and employ our proprietary FX Integrity Score system. We are forensic in our research, ensuring brokers’ claims align with their actual services, going beyond mere surface-level analysis.
Our Ranking Methodology
Our specialism has always been reviewing and rating the best CFD brokers in the world and we thought it was time to open up our methodology to you, the traders. For this Rankings table report we have assessed brokers across seven areas of interest and then combined them to get an overall rating.
For ease of use, you can sort the brokers by any of the seven areas of interest to find the one that best performs in the category that is most important to you.
Brokers are constantly improving their product offering and this report will reflect any changes they make, so it is worth checking back here occasionally to see what has changed.
Areas of Interest (with weightings)
Platforms and Tools (17.5%)
A broker which supports the widest range of platform choice is in the best interest of the trader. While proprietary trading platforms can add value, they can be a barrier to the free movement of traders between brokers as they hunt for better trading conditions.
Trust and Regulation (20%)
Regulation in the CFD trading industry is the single best indicator of trust; the better the regulator overseeing the broker, the more trustworthy the broker is. As regulators operate independently and have varying rules and enforcement mechanisms, we have categorised regulators into four different tiers, where Tier 1 regulators are the most trusted to protect clients and Tier 4 regulators are the least trusted.
Deposit & Withdrawal (10%)
Most of the complaints we receive about brokers relate to client access to their funds. Therefore, we place more value in withdrawal methods than deposit methods; and fast, fee-less withdrawals are favoured over conventional banking methods.
Assets Available (12.5%)
The more CFD assets classes available to traders, the better and more varied the trading experience can be. While the basics must always be covered, brokers with comparatively more inventory are rated higher than those with less.
Education & Research (10%)
Quality of education and research is vital to traders of all levels, and we reward brokers with well-structured and high-quality learning content for traders of all levels.
Customer Service (10%)
As CFD brokers are financial institutions that hold client funds, quick access to customer service is essential. Brokers who offer clients faster access to customer service at any time, and in any language are favoured.
Trading Conditions (20%)
Trading conditions dictate the fees brokers charge for offering their service, and the quality of service provided to traders. We believe that the best brokers offer competitive trading accounts for beginner traders, with a great product offering, and reasonable minimum deposits.
You can either use the arrow button or swipe on mobile
Broker | Broker Score | Regulation | Trading Conditions | Trading Platforms | Deposit & Withdrawal | Education & Research | Assets Available | Customer Service | Compare |
|---|---|---|---|---|---|---|---|---|---|
| 5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 5 | ||
| 5 | 4.5 | 4.5 | 5 | 5 | 5 | 4 | ||
| 5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
| 5 | 5 | 4.5 | 4.5 | 5 | 4 | 4 | ||
| 5 | 4.5 | 5 | 4 | 4.5 | 4.5 | 4.5 | ||
| 4.5 | 5 | 5 | 4.5 | 4.5 | 4 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 5 | 5 | 4.5 | ||
| 4.5 | 5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 5 | 4.5 | 4.5 | ||
| 5 | 5 | 4.5 | 4 | 5 | 4.5 | 3 | ||
| 5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4 | ||
| 5 | 5 | 4 | 3 | 5 | 4.5 | 4.5 | ||
| 4.5 | 4 | 5 | 4 | 5 | 4.5 | 4.5 | ||
| 4.5 | 5 | 4.5 | 4.5 | 5 | 3.5 | 4 | ||
| 5 | 4.5 | 4 | 4.5 | 4.5 | 4.5 | 4 | ||
| 4.5 | 4 | 4.5 | 4.5 | 5 | 4.5 | 4.5 | ||
| 4.5 | 4.5 | 5 | 5 | 3.5 | 3.5 | 4.5 | ||
| 5 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | 4 | ||
| 5 | 5 | 4.5 | 2.5 | 4.5 | 4.5 | 3.5 | ||
| 4 | 4.5 | 4.5 | 5 | 4.5 | 4 | 4.5 | ||
| 4 | 4.5 | 4.5 | 5 | 5 | 4 | 4 | ||
| 4.5 | 5 | 4.5 | 4.5 | 3.5 | 4 | 4 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | 4.5 | ||
| 5 | 4 | 4.5 | 4.5 | 3 | 4.5 | 4.5 | ||
| 4.5 | 4 | 4.5 | 4.5 | 4.5 | 4.5 | 4 | ||
| 4 | 5 | 4.5 | 4.5 | 3.5 | 4 | 4.5 | ||
| 5 | 5 | 4 | 1 | 5 | 5 | 4 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4 | ||
| 5 | 4.5 | 4.5 | 1 | 5 | 4.5 | 4.5 | ||
| 3.5 | 4.5 | 4.5 | 4.5 | 5 | 4.5 | 4 | ||
| 5 | 3.5 | 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | ||
| 4 | 4.5 | 4.5 | 3 | 5 | 4 | 5 | ||
| 4 | 5 | 4 | 5 | 3.5 | 5 | 3 | ||
| 4 | 5 | 4.5 | 4.5 | 4.5 | 3.5 | 3.5 | ||
| 5 | 4 | 4.5 | 4.5 | 4.5 | 3.5 | 3.5 | ||
| 4 | 5 | 4 | 4.5 | 3.5 | 4.5 | 4 | ||
| 4 | 4.5 | 5 | 4.5 | 2 | 4.5 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 4.5 | 3.5 | 4 | 3 | ||
| 4.5 | 3.5 | 4.5 | 4.5 | 4.5 | 4 | 4 | ||
| 4 | 2.5 | 4.5 | 5 | 5 | 5 | 4.5 | ||
| 4.5 | 4.5 | 4.5 | 4 | 3.5 | 4 | 3 | ||
| 5 | 4 | 4.5 | 4.5 | 3.5 | 3.5 | 3 | ||
| 5 | 3 | 4 | 4.5 | 3.5 | 4.5 | 4.5 | ||
| 4 | 4.5 | 4.5 | 3 | 3.5 | 4.5 | 4 | ||
| 4 | 4 | 4.5 | 4.5 | 3 | 4.5 | 4 | ||
| 4 | 5 | 4 | 4.5 | 1.5 | 4.5 | 4 | ||
| 4.5 | 3.5 | 4.5 | 4.5 | 3 | 4 | 4 | ||
| 3 | 4.5 | 5 | 4.5 | 4.5 | 3.5 | 3 | ||
| 4 | 3.5 | 4.5 | 4.5 | 3.5 | 4 | 4 |
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