Curated List
Best Forex Brokers
Top-rated forex brokers across regulation, execution, and platform quality.
#1
#4
MU
MultiBank Group
ASIC, BaFin, AUSTRAC, FSC Mauritius, VFSC, CIMA, MAS, JSC Jo
Score8.4/5
EURUSD—
Min Deposit$0
Cashback—
MT4MT5
#2
MO
Moneta Markets
FSCA, FSC Mauritius depending on entity
Score8.2/5
EURUSD—
Min Deposit$0
Cashback—
MT4MT5
#3
IN
Interactive Brokers
Entity-specific regulation varies; verify before signup
Score8.0/5
EURUSD—
Min Deposit$0
Cashback—
VT
VT Markets
ASIC, FSCA, FSC Mauritius depending on entity
Score8.0/5
EURUSD—
Min Deposit$0
Cashback—
MT4MT5
#5
IN
Investment Spot
Regional licensing varies; verify with the broker
Score7.4/5
EURUSD—
Min Deposit$0
CashbackEligible
MT4MT5
#6
DU
DU Prime
Multi-entity; verify regulator with the broker
Score7.3/5
EURUSD—
Min Deposit$0
Cashback—
MT4MT5
#7
FO
Forex Iraq
Regional partnership; verify entity and regulator directly
Score7.2/5
EURUSD—
Min Deposit$0
Cashback—
MT4MT5
#8
EX
Exness
FCA (730729), CySEC (178/12), FSCA, FSA Seychelles, FSC Maur
Score4.6/5
EURUSD0.0 pip
Min Deposit$10
Cashback—
MT4MT5
#9
JU
JustMarkets
CySEC (401/21), FSCA (51114), FSA Seychelles (SD088), FSC BV
Score4.5/5
EURUSD0.0 pip
Min Deposit$10
Cashback$1.99
MT4MT5cTrader
#10
XM
XM
CySEC, ASIC, FSC Belize, DFSA
Score4.3/5
EURUSD0.6 pip
Min Deposit$5
CashbackEligible
MT4MT5
#11
HF
HFM (HF Markets)
FCA, CySEC, DFSA, FSCA, FSA Seychelles
Score4.3/5
EURUSD0.0 pip
Min Deposit$0
Cashback—
MT4MT5
#12
GT
GTC
FCA (UK), ASIC, SCA (UAE), FSCA, FSC, VFSC
Score4.1/5
EURUSD—
Min Deposit$30
CashbackEligible
MT4MT5
How rankings work: Brokers in this list are filtered and ranked automatically based on data we maintain in our directory (regulation, platforms, spreads, cashback rates). This is not a personalized recommendation — the right broker for you depends on your country, instruments, account size, and execution preferences. Always compare carefully and read the broker's own terms before opening an account. Affiliate disclosure: Some links earn ShaFX a commission at no extra cost to you.