Best Forex & CFD Brokers

We have compiled the best forex trading brokers below

$50 Min Deposit
✔Zero commission stock trading
✔Social trading

4.8

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

$250 Min Deposit
✔17,000+ tradeable assets
✔Research & educational materials

4.5

CFDs are complex instruments. 71% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

$100 Min Deposit
✔Competitive fees
✔Crypto deposits/withdrawals

4.5
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

$0 Min Deposit
✔Low fees & commissions
✔Great investment options

4.3
Investing involves risks. You can lose your invested funds. We advise you to only invest in financial products which match your knowledge and experience. This is not investment advice.

$0 Min Deposit
✔Algo and Copy trading
✔No dealing desk

4.3

Margin trading products are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading on margin with this provider. You should consider whether you understand how margin trading works and whether you can afford to take the high risk of losing your money.

$50 Min Deposit
✔Comprehensive charting tools
✔Easy to set up and get started

4.0

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

$0 Min Deposit
✔ECN Accounts
✔User-friendly platforms

4.0
74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

$5 Min Deposit
✔Quick & easy account opening
✔1000+ tradable instruments

4.0

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.33% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

$10 Min Deposit
✔Copy Trading
✔Low Spreads

3.8

Risk warning: Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

$5 Min Deposit
✔Commission-free trades
✔Low minimum deposit

3.8

Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.14% of retail investor accounts lose money when trading Online Forex/CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the full Risk Disclosure.

$25 Min Deposit
✔Competitive spreads
✔800+ tradable assets

3.8

Trading financial products on margin carries a high degree of risk and is not suitable for all investors. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

$1 Min Deposit
✔Zero commission stock trading
✔Low minimum deposit

3.3

Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

$100 Min Deposit
✔Good selection of asset classes
✔Unique trading tools

3.0
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

*Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work.

Best Proprietary Trading Firms

We have compiled the best prop trading firms to get funded

Manage up to $4 million
T&Cs Apply
Clients are provided with demo accounts that contain simulated funds for trading activities. Please note that all client trading operations are conducted in a simulated environment.
T&Cs Apply
In 2023, 23.38% of candidates passed the Trader Career Path® / Gauntlet Mini™ examinations. Percentage is based on subscriptions passed against new subscriptions. Of candidates who passed either exam, 16.73% traded a Live account, and 83.27% traded a LiveSim® account. The Trader Career Path® / Gauntlet Mini™ examinations are realistic simulations of trading in actual market conditions and are difficult for any experienced trader to pass. Neither the Trader Career Path® nor Gauntlet Mini™ examinations are suggested for individuals with little trading experience.
Manage capital up to $200,000
T&Cs Apply
Only around 6-10% of traders manage to pass the Fidelcrest Trading Challenge.
Manage up to $2,000,000
T&Cs Apply
Only around 5-10% of traders manage to pass the FTMO Challenge. This means 90-95% of traders that attempt the challenge will fail and not get funded.
$1 Min Deposit
T&Cs Apply
The candidate pass rate of the Trading Combine® evaluation program was 25.51% between January 1, 2023 – July 1, 2023. This percentage is based on users that entered the Trading Combine and reached the Funded Level™ during this time period. The Trading Combine is not suggested for individuals with minimal trading experience.

Proprietary trading firms provide trades with a pool of capital to trade, other than using their own money, allowing them to maximize profits. For most firms, the trader receives a percentage of the profit they generate. However, there are steep challenges to receiving this funding, which can make the whole process difficult.

Proprietary trading firms offer some distinct benefits, which makes them popular among traders. However, they operate in a largely unregulated sphere, which creates an avenue for unscrupulous industry players to make exaggerated promises and distort reality. It’s worth noting that most traders lose money paying the simulated trading (challenge) fees and end up not receiving funding.

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BrokerAdvice was founded with one simple idea – making it easy for everyone to find an online broker. To achieve this, we conduct thorough research and utilize powerful tools and algorithms to publish content that makes the world of investing easier to understand.

BrokerAdvice’s mission is to help traders and investors make the right decisions when choosing their brokerage. We believe that this goes a long way in helping them grow and become good at what they do.

Our editorial process is independent, accurate, unbiased, and transparent. We always try to keep any marketing efforts separate from our editorial process. Our writers and editors have decades of combined industry experience, which is part of the reason why our work is well-respected in the industry.

Our methodology is based on examining many different data points, including trading platforms, fees, account features, regulation & licensing, customer support, and more. This way, we empower your decision with accurate insights.

*Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work.

All information provided on this site is intended solely for educational purposes related to financial markets. It does not serve in any way as an investment recommendation, investment opportunity analysis or general recommendation regarding the trading of investment instruments.

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