Forex brokers: profiles, costs and terms

Key detailMT4, MT5, cTrader and TradingView are listed; cTrader/TradingView pricing is USD 3 per USD 100,000 traded, not automatically USD 3 per FX lot.

Watch forRaw Trading Ltd. Excludes residents of US, Canada, Iran and North Korea, among others.

Explore trading-fee rebates with IC Markets

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FINEX EDITORIAL RATING · REVIEWEDPublished as FINEX’s editorial rating; it is not calculated from completed pillar scores or independent live testing.

Account types: Standard; Raw Spread (MetaTrader/cTrader). Raw Pro tiers marked early access.Source: icmarkets-global.com ↗
Advertised minimum spread: Advertised from 0.8 pips Standard; 0.0 Raw.Source: icmarkets-global.com ↗
Platforms: MT4, MT5, cTrader and TradingView are listed; cTrader/TradingView pricing is USD 3 per USD 100,000 traded, not automatically USD 3 per FX lot.Source: icmarkets.sc ↗

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Exness

Forex / CFD

Key detailMT4 and MT5; availability varies by account.

Watch forExness lists SC/Seychelles, BV/Curaçao, VG/BVI, Forexite/Belize and MU/Mauritius entities; confirm the signed agreement rather than combining group licences. Selected jurisdictions outside EEA; US residents excluded.

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Details & sources

FINEX EDITORIAL RATING · REVIEWEDPublished as FINEX’s editorial rating; it is not calculated from completed pillar scores or independent live testing.

Account types: Standard, Standard Cent, Pro, Raw Spread, Zero.Source: get.exness.help ↗
Advertised minimum spread: Advertised minima: Standard 0.2; Cent 0.3; Pro 0.1; Raw/Zero 0.0 pips.Source: get.exness.help ↗
Platforms: MT4 and MT5; availability varies by account.Source: get.exness.help ↗

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XM

Forex / CFD

Key detailMT4, MT5 and XM App listed on XM Global page.

Watch forXM Global Limited reports Belize FSC licence 8557558; this does not establish Cyprus protection for a Global client. Global page excludes citizens of US, Canada, Israel, Iran and sanctioned countries.

Explore trading-fee rebates with XM

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FINEX EDITORIAL RATING · REVIEWEDPublished as FINEX’s editorial rating; it is not calculated from completed pillar scores or independent live testing.

Account types: Global-indexed page lists Standard, Ultra Low, Shares; live regional route can show EU Ultra Low/Zero.Published terms differSource: xm.com ↗
Platforms: MT4, MT5 and XM App listed on XM Global page.Source: xm.com ↗

A rebate may reduce some eligible costs. The amount depends on your account and program.

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Vantage

Forex / CFD

Key detailMT4, MT5; Vantage App available.

Watch forOnboarding notice names Vantage Global Limited/VFSC while footer references international entities including VIG Group.

Explore trading-fee rebates with Vantage

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FINEX EDITORIAL RATING · REVIEWEDPublished as FINEX’s editorial rating; it is not calculated from completed pillar scores or independent live testing.

Account types: Standard STP, RAW ECN, PRO ECN.Source: vantagemarkets.com ↗
Advertised minimum spread: Advertised from 1.0 pip Standard; 0.0 RAW/PRO.Source: vantagemarkets.com ↗
Platforms: MT4, MT5; Vantage App available.Source: vantagemarkets.com ↗

A rebate may reduce some eligible costs. The amount depends on your account and program.

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HFM

Forex / CFD

Key detailMT4, MT5, HFM WebTrader and HFM Platform.

Watch forSV company incorporation 22747 IBC 2015 is not itself a Forex regulatory licence.

Explore trading-fee rebates with HFM

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FINEX EDITORIAL RATING · REVIEWEDPublished as FINEX’s editorial rating; it is not calculated from completed pillar scores or independent live testing.

Account types: InfinityX, Cent, Zero, Pro, Premium.Source: hfm.com ↗
Advertised minimum spread: Advertised from: InfinityX 0.3; Cent/Premium 1.4; Pro 0.6; Zero 0 pips (FX).Source: hfm.com ↗
Platforms: MT4, MT5, HFM WebTrader and HFM Platform.Source: hfm.com ↗

A rebate may reduce some eligible costs. The amount depends on your account and program.

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Pepperstone

Forex / CFD

StrengthStandard charges no commission except on share CFDs; Razor offers a separate spread-plus-commission model.

Watch forThe Bahamas footer accompanies cross-region protection content; applicable client-money and insolvency terms need entity-specific confirmation.

Explore trading-fee rebates with Pepperstone

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PRELIMINARY FINEX EDITORIAL ESTIMATEPreliminary estimate from public terms; moderate confidence; not independently tested.

Account types: Standard and Razor CFDs.Source: pepperstone.com ↗
Advertised minimum spread: Razor FX advertised from 0.0 pips; not an average.Source: pepperstone.com ↗
Platforms: MT4, MT5, cTrader, Pepperstone; TradingView for Razor, not Standard CFDs.Source: pepperstone.com ↗

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Browse researched Forex profiles14 profiles

CXM

Forex / CFD

StrengthStandard is described as commission-free.

Watch forThe specific retail contracting entity remains unresolved; group licences cannot establish the protections of an unidentified client entity.

Explore trading-fee rebates with CXM

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PRELIMINARY FINEX EDITORIAL ESTIMATEPreliminary estimate from public terms; low confidence; not independently tested.

Account types: Cent, Standard, ECN, Zero, FIX API; demo available.Source: cxm.com ↗
Advertised minimum spread: Zero advertised from 0.0 pips on major FX pairs.Source: cxm.com ↗
Platforms: ECN page specifies MT4 and MT5.Source: cxm.com ↗

A rebate may reduce some eligible costs. The amount depends on your account and program.

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VT Markets

Forex / CFD

StrengthStandard has no commission; RAW publishes a $6 round-turn commission.

Watch forThe Mauritius supplier and South African intermediary have distinct roles; negative-balance, insolvency and complaint protections remain insufficiently verified.

Explore trading-fee rebates with VT Markets

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Details & sources

FINEX EDITORIAL RATING · REVIEWEDPublished as FINEX’s editorial rating; it is not calculated from completed pillar scores or independent live testing.

Account types: Standard STP, RAW ECN; Cent and swap-free variants.Source: vtmarkets.com ↗
Advertised minimum spread: Advertised: Standard 1.2 pips; RAW 0.0.Source: vtmarkets.com ↗
Platforms: MT4 and MT5 supported; account visibility depends on portal.Source: get.vtmarkets.help ↗

A rebate may reduce some eligible costs. The amount depends on your account and program.

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Axi

Forex / CFD

StrengthPremium publishes $4.50 round-trip commission, with Elite listed at $3.50.

Watch forAxiTrader LLC's SVG company registration is not a brokerage licence; FCA/ASIC protections of other group entities cannot be assumed.

Explore trading-fee rebates with Axi

Details & sources

FINEX EDITORIAL RATING · REVIEWEDPublished as FINEX’s editorial rating; it is not calculated from completed pillar scores or independent live testing.

Account types: International page: Standard, Premium, Elite; help also lists Pro.Published terms differSource: axi.com ↗
Advertised minimum spread: EURUSD advertised from 0.68 pips Standard, 0 Premium/Elite.Source: axi.com ↗
Platforms: Axi platform, MT4, MT5.Source: axi.com ↗

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PU Prime

Forex / CFD

StrengthStandard/Cent have no trading commission; ECN lists $1 per lot per side.

Watch forMauritius/Seychelles licences are entity-specific; the selected contract's compensation and client protections remain unconfirmed.

Explore trading-fee rebates with PU Prime

Details & sources

PRELIMINARY FINEX EDITORIAL ESTIMATEPreliminary estimate from public terms; moderate confidence; not independently tested.

Account types: Standard, Prime, ECN and Cent.Source: puprime.com ↗
Advertised minimum spread: Advertised minimum: Standard/Cent 1.3 pips; Prime/ECN 0.0 pips. Not average spreads.Source: puprime.com ↗
Platforms: MT4, MT5, PU Web Trader and PU Prime App.Source: puprime.com ↗

A rebate may reduce some eligible costs. The amount depends on your account and program.

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JustMarkets

Forex / CFD

StrengthCommission-free accounts are available; Raw FX commission is $6 per lot round-trip.

Watch forSeparate group licences do not make EU protections available to every international customer; verify the contracting entity.

Explore trading-fee rebates with JustMarkets

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Details & sources

PRELIMINARY FINEX EDITORIAL ESTIMATEPreliminary estimate from public terms; low confidence; not independently tested.

Account types: Standard, Standard Cent, Pro and Raw Spread.Source: get.justmarkets.help ↗
Advertised minimum spread: Advertised minimum: Standard/Cent 0.3 pips, Pro 0.1, Raw Spread 0.0.Source: get.justmarkets.help ↗
Platforms: MT4 and MT5.Source: get.justmarkets.help ↗

A rebate may reduce some eligible costs. The amount depends on your account and program.

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Tickmill

Forex / CFD

StrengthRaw lists $3 per lot per side with spreads from zero; Classic has no commission.

Watch forUK/EU protections cannot be transferred to an international entity; the applicable compensation and client-money rules need confirmation.

Explore trading-fee rebates with Tickmill

Details & sources

PRELIMINARY FINEX EDITORIAL ESTIMATEPreliminary estimate from public terms; moderate confidence; not independently tested.

Account types: Classic, Raw and TradingView Raw.Source: tickmill.com ↗
Advertised minimum spread: Advertised minimum: Classic 1.6 pips; Raw/TradingView Raw 0.0.Source: tickmill.com ↗
Platforms: Classic/Raw: MT4, MT5. TradingView Raw: Tickmill Trader and TradingView.Source: tickmill.com ↗

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Valetax

Forex / CFD

StrengthNon-ECN accounts list zero commission; Pro advertises spreads from 0.6 pips.

Watch forMauritius licensing and SVG registration are different; the customer's actual contract determines which protections apply.

Explore trading-fee rebates with Valetax

Details & sources

PRELIMINARY FINEX EDITORIAL ESTIMATEPreliminary estimate from public terms; low confidence; not independently tested.

Account types: Cent, Standard, ECN, Booster, Bonus and Pro.Source: valetax.com ↗
Advertised minimum spread: Advertised minima: Cent/Standard 1.2; ECN 0; Booster/Bonus 2.0; Pro 0.6 pips.Source: valetax.com ↗
Platforms: MT4/MT5; Bonus lists MT4 only.Source: valetax.com ↗

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ETO Markets

Forex / CFD

StrengthThe account page advertises ECN spreads from zero and a Cent account starting at $2.

Watch forSD062 relates to the Seychelles entity; compensation, insolvency treatment and the assigned account agreement still require verification.

Explore trading-fee rebates with ETO Markets

Details & sources

PRELIMINARY FINEX EDITORIAL ESTIMATEPreliminary estimate from public terms; low confidence; not independently tested.

Account types: Cent, STP Standard and ECN Professional.Source: etomarkets.com ↗
Advertised minimum spread: Advertised minima: Cent 1.7 pips; STP 1.0; ECN 0.0.Source: etomarkets.com ↗
Platforms: Website shows MT4, MT5, ETO Copy Trading and ETO Plus.Source: etomarkets.com ↗

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D Prime

Forex / CFD

StrengthCent starts at $5; the account page advertises ECN spreads from zero.

Watch forThe current agreement names D Prime Vanuatu Limited; Seychelles permissions do not automatically apply to that contract.

Explore trading-fee rebates with D Prime

Details & sources

PRELIMINARY FINEX EDITORIAL ESTIMATEPreliminary estimate from public terms; low confidence; not independently tested.

Account types: Cent, STP and ECN. Doo Prime rebranded as D Prime.Source: dooprime.com ↗
Advertised minimum spread: Advertised minimum: Cent/STP 1 pip; ECN 0.0 pips.Source: dooprime.com ↗
Platforms: Account page lists MT4, MT5, D Prime InTrade and TradingView.Source: dooprime.com ↗

A rebate may reduce some eligible costs. The amount depends on your account and program.

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TMGM

Forex / CFD

StrengthClassic has no trading commission; Edge advertises spreads from zero.

Watch forAustralian, Vanuatu, Seychelles and Mauritius licences cover separate companies; the reader's contractual protections are not yet established.

Explore trading-fee rebates with TMGM

Details & sources

PRELIMINARY FINEX EDITORIAL ESTIMATEPreliminary estimate from public terms; low confidence; not independently tested.

Account types: Classic and Edge.Source: tmgm.com ↗
Advertised minimum spread: Advertised minimum: Classic 1.0 pip; Edge 0.0 pips.Source: tmgm.com ↗
Platforms: MT4 and MT5.Source: tmgm.com ↗

A rebate may reduce some eligible costs. The amount depends on your account and program.

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RoboForex

Forex / CFD

StrengthThe official ECN USDJPY example charges $4 per lot round-trip.

Watch forBelize FSC licensing is disclosed; statutory compensation and complete client-fund insolvency treatment remain unverified.

Explore trading-fee rebates with RoboForex

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Details & sources

PRELIMINARY FINEX EDITORIAL ESTIMATEPreliminary estimate from public terms; moderate confidence; not independently tested.

Account types: Pro, ProCent, Prime, ECN and R StocksTrader.Source: roboforex.com ↗
Advertised minimum spread: Advertised minimum: Pro 1.3 points; Prime/ECN 0 points (source terminology). Not typical spreads.Source: roboforex.com ↗
Platforms: MT4, MT5, R StocksTrader and RoboForex Trading Platform; account compatibility varies.Source: roboforex.com ↗

A rebate may reduce some eligible costs. The amount depends on your account and program.

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Altum

Forex / CFD

StrengthPro/Cent/Shield list zero commission; Pro/Edge/Cent start at $5.

Watch forThe /int agreement names Saint Lucia's Altum Global Ltd; Seychelles ALTUM Ltd's SD194 licence does not cover that separate company.

Explore trading-fee rebates with Altum

Details & sources

PRELIMINARY FINEX EDITORIAL ESTIMATEPreliminary estimate from public terms; low confidence; not independently tested.

Account types: Pro, Edge, Apex, Cent and Shield.Source: altumbrokers.com ↗
Advertised minimum spread: Advertised minimum: Pro/Cent/Shield 1.0 pips; Edge/Apex 0.0.Source: altumbrokers.com ↗
Platforms: MT4 and MT5.Source: altumbrokers.com ↗

A rebate may reduce some eligible costs. The amount depends on your account and program.

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GTCFX

Forex / CFD

StrengthStandard lists zero commission and no minimum account deposit.

Watch forAnjouan and Vanuatu entities hold separate licences; jurisdiction and onboarding determine the actual contract and protections.

Explore trading-fee rebates with GTCFX

Details & sources

PRELIMINARY FINEX EDITORIAL ESTIMATEPreliminary estimate from public terms; low confidence; not independently tested.

Account types: Standard and ECN.Source: gtcfx.com ↗
Advertised minimum spread: Advertised minimum: Standard 1.0; ECN 0.0 pips.Source: gtcfx.com ↗
Platforms: MT4 / MT5.Source: gtcfx.com ↗

A rebate may reduce some eligible costs. The amount depends on your account and program.

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OneRoyal

Forex / CFD

Trustpilot score currently unavailable

Key detailThe platform page lists MT4 and MT5, describing MT4 Expert Advisor support.

Watch forTrustpilot withholds OneRoyal’s rating for a guideline breach and reports removing fake reviews. No numeric rating is available to multiply by two; no fallback score is assigned.