Forex Broker Comparison

Looking for the best online broker for stock, options, or FOREX trading? NASDAQ.com's advertising partners are among the best online brokerages in the business and the lists below provide a great starting point in your search for the right broker.

Broker Regulated By Minimum Deposit Commission Typical Spread (Majors) Leverage

FxPro
Open Account
CySEC, FCA $500 (MT4), $1000 (cTrader) MT4: Equities: 0.10% only upon opening the position.
Futures: $15/lot only upon opening the position.
Forex: None
cTrader: $65 per $1 million traded upon opening the position and the same amount upon closing the position.
EUR/USD: 1.2
GBP/USD: 1.5
USD/JPY: 1.0
USD/CHF: 1.5
AUD/USD: 1.0
EUR/CHF: 2.0
EUR/GBP: 1.2
USD/CAD: 1.5
1:1 - 1:500

Markets.com
Open Account
CySEC Passported to EEC $100 None, commission through spread Floating 2-4 pips, Fixed 3-4 pips 200:1

OANDA
Open Account
NFA, CFTC, IIROC, FCA (UK), MAS No minimum deposit None Pip Spread (Variable)
EUR/USD: 1.0
GBP/USD: 1.9
USD/JPY: 0.9
USD/CHF: 1.3
AUD/USD: 1.8
EUR/CHF: 1.5
EUR/GBP: 1.2
USD/CAD: 1.8
Up to 50:1

Saxo Bank
Open Account
Finanstilsynet (The Danish FSA) $10,000 None 2-3 pips 200:1