Compare The Best
Online Brokers

in 2021

Brokers in Bull Markets Vs Bear Markets

t10-PWA
RegulationScam vs Regulated
VS
Trading FeesForward and Side
Low
VS
High
Trading platformsMT4 Vs House-built
VS
Base Currencyin different markets
87
VS
20
Account TypeStandard, Ecn, Pro, etc...
5
VS
1
Research ToolsTechnical Analysis, Fibonacci,
62
VS
48
Educational materialsVideo, Webinar, FAQ, Articles,...
Videos
VS
Not Available
Fundamental DataTrading Ideas
Available
VS
Not Available
t10-PWA

This year, we have reviewed over 1800 brokers from different countries, and compared them side by side. Our editorial team has shortlisted the best regulated brokers and separate them from forex scams. We’ve taken into account several factors such as trading offers, portfolio, payment methods, customer support, fees, education, online trading platform & apps, research & analytics, trading accounts, base currencies, currency pairs and many more.

 

You can compare your brokers by adding them to the tools below, or take a shortcut and visit the shortlisted brokers in best forex brokers list, and best CFD brokers list in 2021.

 

Our goal is to help you to ultimately make an informed financial decision. So, feel free to compare brokers and either open demo account, live account or go ahead and read the detailed expert reviews.

List.

Best Broker List in 2021

All Regulated and Fact-Checked
Top 10 Brokers List in 2021
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  • Sort By Score
  • Most Popular
Editor choice 1 Best Cryptocurrency Brokers
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Editor choice 2 Best Forex Brokers
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Editor choice 3 Best CFD Brokers
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4 Plus500 Review
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8
Plus500 Review
Plus500 is a Regulated Contracts for Difference (CFDs) broker that offers low CFD fee and average non-trading fees brokerage service. With over 1800 Stock CFDs and 70 currency pairs Plus500 is one of the most popular CFD brokers in UK & Australia. It does not offer desktop trading platform but their CFDs share trading app is user-friendly.
Trading Platform
9
Commission
8
Research & Tools
7.5
Education
6.5
Investor Protection
9
Customer Support
8
PROS:
  • Low CFD Fees
  • It offers Negative balance protection
  • Stock exchange Listed Broker, Well Regulated by Top Financial Authorities
  • Fast & Free withdrawal process
  • Modern Mobile Trading App
CONS:
  • It does not offer fundamental data
  • Portfolio is limited mostly to CFD and Forex
  • It does not offer trading ideas
  • Education is limited to basic tutorials
5 eToro Review
More details +
8.7
eToro Review
With about 1900 Stocks CFDs & 47 currency pairs, eToro is one of the best copy trading platforms for beginners and Pros. It is regulated in Australia, Cyprus, and UK financial authorities. eToro offers Copy Trading, Social Trading to all traders. Beside charging zero commission, you will have access to basic Fundamental Data and comprehensive technical analysis tools, and charts.
Trading Platform
9
Commission
10
Research & Tools
9
Education
8.5
Investor Protection
9
Customer Support
7.5
PROS:
  • Free commission stocks is available in EU countries
  • ETF trading is available in the EU
  • Registration & account opening process is very easy
  • Copy Trading & Social Trading is Available
  • Offers Basic Fundamental Data
CONS:
  • It charges high forex trading fees
  • You can only hold one account base currency
  • Withdrawal is not free. It costs $5 per withdraw.
6 FXCM Review
More details +
8.5
FXCM Review
FXCM is a regulated online broker with 20 years of solid history in financial markets. FXCM offers Spread betting in UK & Ireland, Forex & CFD in Australia & Germany and many other countries. FXCM trading fees are low but after a year of inactivity you might be charged $50. FXCM offers the best trading platforms in 3 forms of Web, Apps, and desktop for traders and copy traders.
Trading Platform
8
Commission
9
Research & Tools
9
Education
8.5
Investor Protection
8.5
Customer Support
8
PROS:
  • Low CFD Trading Fees
  • FXCM Provides Trading Ideas
  • Offers Negative balance protection
  • 70 indicators for Analysis
  • Well Regulated in Top-tier Financial Markets
CONS:
  • You might be charges $50 Inactivity Fee
  • No Investor protection is available outside Europe
  • Portfolio is limited mostly to CFD and Forex
  • Mobile Trading App is not user-friendly
7 Pepperstone Review
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8.2
Pepperstone Review
Pepperstone offers around 1800 stocks CFDs, Forex, Cryptocurrencies and Currency Indices in several markets including Australia, UK, Germany, and other top-tier countries. There is no minimum deposit to begin which is a good opportunity for beginners to start online trading. Pepperstone is regulated by (FCA) in the United Kingdom and Australian Securities and Investments Commission (ASIC) in Australia.
Trading Platform
8
Commission
9
Research & Tools
8
Education
9
Investor Protection
8
Customer Support
8
PROS:
  • No Minimum Deposit
  • Decent Customer Services
  • Very customizable charts & tools
  • Fully Regulated
  • Negative balance protection is available
CONS:
  • 24/7 Support is not available
  • No investor protection for non-EU clients
  • Only Forex & CFD
8 City Index Review
More details +
8.4
City Index Pros & Cons
City Index is listed among top 10 low stock index fee brokers and since last year became one of best spread betting brokers. There is no minimum deposit to begin with and you will enjoy a commission free CFD trading on all CFDs, except Shares.
Trading Platform
8
Commission
8.5
Research & Tools
9
Education
9
Investor Protection
8
Customer Support
8
PROS:
  • Low trading fee & free withdrawal
  • Top 9 base currencies
  • Very customizable charts & tools
  • Fully Regulated
CONS:
  • Investment protection is only available in EU & Middle East
  • $12 per month inactivity fees
  • Web trading platform is not user-friendly
9 IC Markets Review
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8.3
IC Markets Review
IC Markets has low forex fees. It has fast and easy account opening process. There is no minimum deposit which is good for beginners to start trading on it. Withdrawal is free as well.
Trading Platform
8
Commission
9
Research & Tools
9
Education
9
Investor Protection
8
Customer Support
8
PROS:
  • No Minimum Deposit
  • Low forex fees
  • Easy and fast account opening
  • Fully Regulated
CONS:
  • Slow live chat support
  • No investor protection for non-EU clients
  • Only Forex & CFD
10 Axi Review (AxiTrader)
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8.3
Axi Review
Axi or previously known as AxiTrader is one of top regulated brokers that offers Forex & CFD trading and Spreads from 0.0 and 0.4 pips. The research tools and charting is pretty comprehensive and customisable. In terms of fees, you will have leverage of 400:1 and they are among top 5 brokers that charge very low trading fees, and no inactivity fees.
Trading Platform
8
Commission
8.5
Research & Tools
9
Education
9
Investor Protection
7
Customer Support
8
PROS:
  • Low Non-Trading fees
  • Low Forex Fees
  • Low CFD Fees
  • No Withdrawal Fees
  • No minimum deposit
CONS:
  • Limited portfolio & offers (Only CFD, Forex)
  • Investment protection is not available in all countries
  • Axi does not provide fundamental data
11 Forex.com Review
More details +
8.3
Forex.com Review
Forex.com is a regulated online broker and governed by The USA, Australia, Singapore, and Japan's Authorities. With over 90 currency pairs, this broker offers low fee trading services for both stock index CFDs and FX trading. It does not have the best online trading platform but it you can easily navigate through and trade using web, Mobile and desktop. They charge inactivity fees but within an acceptable range.
Trading Platform
8
Commission
8
Research & Tools
9
Education
8
Investor Protection
9
Customer Support
8
PROS:
  • Multiple base currencies are available
  • Low Forex Fees
  • Customisable charts
  • 70 indicators for analysis
  • Well regulated in top-tier markets
CONS:
  • Charges inactivity fees
  • Web trading platform is not user-friendly
  • Limited portfolio
12 IG Markets Review
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8.5
IG Review
IG Markets is a regulated online broker that offers Spread betting and CFD in UK, FX & CFD in Australia, and Forex in the USA. IG Forex fees are low and very reasonable but their Stock CFD fees are high; You might also be charged inactivity fees. Educational materials are great for beginners and Charting and reports matches Professional traders expectation.
Trading Platform
8
Commission
8
Research & Tools
9
Education
8
Investor Protection
9
Customer Support
9
PROS:
  • 17,000 Markets & 95 Currency Pairs
  • Low spreads from 0.8 pips on EUR/USD & USD/JPY
  • No Fee Deposit & Withdrawal
  • 70 indicators for Analysis
  • Well Regulated in Top-tier Financial Markets
CONS:
  • IG might charge you inactivity fees
  • Stock CFD fees are high
  • Portfolio may vary from country to country
Vs.

How to Compare Brokers?

Best Broker Comparison chart in 2021​

By default, we have added three high ranked brokers to the tool to show you what you can compare, side-by side. These brokers are good for beginners and professionals. In case you wish to compare more brokers, simply add them to the tool and see the comparison features.


  • Overview
  • Description
  • Brand/Store
  • Availability
  • User Rating
  • Review
  • Specification
  • Commission range
  • Trading Portfolio
  • Regulation
  • Trading Platform & Apps
  • Education Quality

What To Trade
Post Covid-19

When it comes to Forex Trading, finding the best forex brokers in 2020 can be really difficult, especially after the financial impact of covid-19 on literally everyone’s life, many decided to try their chance with trading that’s where the forex scams and unregulated brokers caused a lot of pain. So, What to do?

Best Cryptocurrency Brokers

We have reviewed all tier-1 cryptocurrency brokers and crypto exchanges. This list shows the top brokers that you can rely on to buy Bitcoin and Ethereum in 2021. P.S. We are 100% independent.
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Compare Forex Brokerin 2021

Benefits of Trading with a Regulated Broker

Benefits of Trading with a Regulated Broker

With high demand for best brokerage firms, regulated brokers started to offer new services and innovate but scam rate goes high too.

 

That’s why we have reviewed over hundred foreign exchange brokers around the world and evaluated their offers, fees, commissions, portfolio, payment (Withdraw & Deposit), customer support, trading fees, Education, online trading platform, Signals and Research, Account Opening, and many more factors.

Regulated brokers offer peace of mind when you are conducting real-money transactions, trading activity, and sharing sensitive personal information online. The regulatory authorities that license brokers ensure compliance at all times.

 

Regulated brokers provide recourse in the event of mismanagement, malfeasance, or improper conduct on the part of the broker. They provide protection to clients through the regulatory authority in question. There are 5 primary reasons why you should always trade FX with a regulated broker, including the following:

 

 

  • Evidence of a Fully Regulated, Licensed and Operational FX Brokerage – your decision to trade Forex online is an important one. It is imperative that you work only with a legal business entity, and one that is subject to the rules and regulations of a government agency or official watchdog authority. The only way to ensure that a company’s fully licensed and regulated to offer real money trading is regulation.
  • Recourse in the Event of a Dispute – fly-by-night Forex brokers are difficult, if not impossible to contact. With regulation, there is always a telephone number, email, customer support desk, and real person waiting to assist you. Any claims that you need to file against the broker are infinitely easier when a broker is regulated. As such, any refunds that you are due, money that needs to be paid out etc. can be done through regulated brokers.
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  • Reputable Trading Platform – Forex trading is predicated on the quality of the trading platform in question. Regulated brokers must run fully licensed software for their traders. Regulation ensures that the software platform meets all requirements.
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  • The Investor Compensation Fund – the ICF is perhaps the best kept secret of all regulated Forex brokerages. Thanks to CySEC, the Investor Compensation Fund (ICF) is the ideal investor protection mechanism for clients at FX brokerages. The Investor Compensation Fund is a member fund, established along the lines of Article 59 (1) and (2) of LAW 144 (1) 2007. 
  • It is designed to safeguard the claims of clients against the ICF members through compensation, if preconditions have been met. It is not necessary for clients to be separate citizens, since foreign clients living in Cyprus are also covered. The maximum amount of compensation in the ICF is €20,000 – irrespective of how many accounts are held, or the currency that is used.
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  • Segregated Accounts – segregated accounts ensure that if a Forex company goes insolvent, the client will not lose his/her investment in the company. This is ironclad with regulated brokerages.