Compare the Best Forex Brokers
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Overall Rating:
4.8/5
Minimum Deposit:
$10
Multiple Locations
Updated: June 2026
Overall Rating:
4.5/5
Minimum Deposit:
$5
Multiple Locations
Updated: June 2026
Overall Rating:
4.8/5
Minimum Deposit:
$200
Multiple Locations
Updated: June 2026
Overall Rating:
4.8/5
Minimum Deposit:
$0
Multiple Locations
Updated: June 2026
General Information
Exness
XM
Founded
2008
2009
Headquarters
Cyprus
Cyprus
Global Reach
100+ Countries
190+ Countries
Client Base
Millions
10M+
Best Known For
Fast Withdrawals
Education
IC Markets
Pepperstone
Founded
2007
2010
Headquarters
Australia
Australia
Global Reach
180+ Countries
170+ Countries
Client Base
Millions
400,000+
Best Known For
ECN Trading
Professional Trading
Fees & Trading Costs
Exness
XM
Standard Spread
From 0.3 pips
From 0.6 pips
Raw Spread Account
Yes
Yes
Commission Accounts
Yes
Yes
Inactivity Fee
No
May Apply
Scalping Support
Excellent
Good
IC Markets
Pepperstone
Standard Spread
From 0.6 pips
From 0.1 pips
Raw Spread Account
Yes
Yes
Commission Accounts
Yes
Yes
Inactivity Fee
No
No
Scalping Support
Excellent
Excellent
Exness
1. Very competitive pricing
2. Excellent for active traders
XM
1. Beginner-friendly pricing
2. Slightly wider spreads
IC Markets
1. True ECN environment
2. Institutional-grade liquidity
Pepperstone
1. Razor account highly competitive
Safety & Regulation
Exness
XM
FCA
Yes
No
ASIC
Yes
Yes
CySEC
Yes
Yes
FSCA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
IC Markets
Pepperstone
FCA
No
Yes
ASIC
Yes
Yes
CySEC
Yes
Yes
FSCA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Deposit & Withdrawal
Exness
XM
Minimum Deposit
$10
$5
Deposit Fees
None
None
Withdrawal Fees
None
None
Withdrawal Speed
Instant
Fast
IC Markets
Pepperstone
Minimum Deposit
$200
$0
Deposit Fees
None
None
Withdrawal Fees
None
None
Withdrawal Speed
1–3 Days
1–3 Days
Account Types
Exness
XM
Cent Account
Yes
No
Micro Account
No
Yes
Professional Accounts
Yes
Yes
Account Variety
Excellent
Good
IC Markets
Pepperstone
Cent Account
No
No
Micro Account
No
No
Professional Accounts
Yes
Yes
Account Variety
Good
Moderate
Account Types
Exness
XM
Forex
100+
55+
Stocks CFDs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
ETFs
Limited
Limited
Bonds
Limited
No
Cryptocurrencies
Excellent
Good
IC Markets
Pepperstone
Forex
60+
90+
Stocks CFDs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
ETFs
Yes
Yes
Bonds
Yes
Limited
Cryptocurrencies
Yes
Yes
Trading Platforms
Exness
XM
MT4
Yes
Yes
MT5
Yes
Yes
cTrader
No
No
TradingView
Limited
No
Proprietary Platform
Exness Terminal
No
IC Markets
Pepperstone
MT4
Yes
Yes
MT5
Yes
Yes
cTrader
Yes
Yes
TradingView
Yes
Yes
Proprietary Platform
No
No
Investment Products
Exness
XM
Copy Trading
Yes
Limited
Social Trading
Yes
Limited
Automated Trading
Yes
Yes
Scalping
Excellent
Good
EA Support
Yes
Yes
IC Markets
Pepperstone
Copy Trading
Yes
Yes
Social Trading
Yes
Yes
Automated Trading
Yes
Yes
Scalping
Excellent
Excellent
EA Support
Yes
Yes
Bonuses & Promotions
Exness
XM
Welcome Bonus
Rare
Yes (Region-Based)
Deposit Bonus
Rare
Often Available
Loyalty Programs
Limited
Yes
Trading Contests
Limited
Frequent
IC Markets
Pepperstone
Welcome Bonus
Rare
Rare
Deposit Bonus
Rare
Rare
Loyalty Programs
Limited
Limited
Trading Contests
Rare
Rare
Category Winners
Category Winners
General Information
Fees
Safety
Deposits & Withdrawals
Accounts
Asset Types
Trading Platforms
Investment Features
Bonuses & Promotions
Winner
XM
IC Markets
Pepperstone
Exness
Exness
Pepperstone
Pepperstone
Pepperstone
XM
Overall Category Wins
Best for Fast Withdrawals & Beginners: Exness
Choose Exness if you want:
✅ Instant withdrawals
✅ Low minimum deposit
✅ Cent accounts
✅ Flexible leverage
Best for Education & Bonuses: XM
Choose XM if you want:
✅ Educational webinars
✅ Beginner-friendly environment
✅ Trading bonuses
✅ Easy-to-use account structure
Best for Forex Scalpers & ECN Trading: IC Markets
Choose IC Markets if you want:
✅ Ultra-low spreads
✅ Institutional liquidity
✅ True ECN execution
✅ High-speed trading
Best Overall Broker: Pepperstone
Choose Pepperstone if you want:
✅ Strong regulation
✅ Professional trading tools
✅ cTrader and TradingView support
✅ Broad asset coverage
✅ Advanced trading environment
Overall Ranking (2026)
1. Pepperstone ⭐ Best Overall
2. IC Markets ⭐ Best for ECN Traders
3. Exness ⭐ Best for Beginners & Withdrawals
4. XM⭐ Best for Education & Promotions
Broker
Pepperstone
Exness
XM
IC Markets
wins
4
2
2
1
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