Most Trusted Forex Brokers by Regulation
Forex brokers ordered by Dossier Score: regulator tier of the entity that serves you, group licences, company structure and track record.
The most trusted forex brokers are those whose client-facing entity is licensed by a tier 1 regulator, backed by a group with several strong licences, a long record and public accounts. This list orders every broker in our database by that measure.
What this ranking does not tell you
Dossier Score measures how well you are protected, not how cheap or convenient a broker is. A highly trusted broker can still be the wrong choice if its costs or platforms do not suit you. Use the comparison tool for those questions.
How this list is ranked: brokers must match the criteria above and hold at least one tier 1 or tier 2 licence. They are then ordered by Dossier Score. Measured trading cost is not part of the ranking yet. Methodology.
| Broker | Dossier Score | Entity serving you | Min. deposit | Platforms | Actions |
|---|---|---|---|---|---|
| 1 CMC Markets Founded 1989 Listed | 91 | CMC Markets UK plc FCA #173730 Tier 1 | $0 | Own platformMT4TradingView | Review Visit siteAffiliate link |
| 2 Interactive Brokers Founded 1978 Listed | 91 | Interactive Brokers LLC CFTC/NFA #0258600 Tier 1 | $0 | Own platformTradingView | Review Visit siteAffiliate link |
| 3 City Index Founded 1983 Listed | 89 | StoneX Financial Ltd FCA #446717 Tier 1 | — | Own platformMT4TradingView | Review Visit siteAffiliate link |
| 4 Swissquote Founded 1996 Listed Bank | 89 | Swissquote Bank Ltd FINMA Tier 1 | $1,000 | MT4MT5Own platform | Review Visit siteAffiliate link |
| 5 Saxo Founded 1992 Bank | 76 | Saxo Bank A/S Danish FSA #1149 Tier 2 | $0 | Own platformTradingView | Review Visit siteAffiliate link |
| 6 FOREX.com Founded 2001 Listed | 62 | GAIN Global Markets Inc. CIMA #25033 Tier 3 (offshore) | $100 | Own platformMT4MT5TradingView | Review Visit siteAffiliate link |
| 7 Plus500 Founded 2008 Listed | 62 | Plus500SEY Ltd FSA Seychelles #SD039 Tier 3 (offshore) | $100 | Own platform | Review Visit siteAffiliate link |
| 8 IG Founded 1974 Listed | 60 | IG International Limited BMA Tier 3 (offshore) | — | Own platformMT4TradingView | Review Visit siteAffiliate link |
| 9 eToro Founded 2007 Listed | 56 | eToro (Seychelles) Ltd FSA Seychelles #SD076 Tier 3 (offshore) | $50 | Own platform | Review Visit siteAffiliate link |
| 10 OANDA Founded 1996 | 54 | OANDA Global Markets Ltd BVI FSC Tier 3 (offshore) | $0 | Own platformMT4MT5TradingView | Review Visit siteAffiliate link |
Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.
CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.