All Forex Broker Reviews 2026 – Expert Analysis | fxreviewcenter
2026 Edition

All Forex Broker Reviews 2026

8 independent, hands-on reviews of the world's top regulated forex brokers. Every broker is tested with a live account before we publish a single word.

8
Brokers Reviewed
40+
Criteria Tested
100%
Independent
Jan '26
Last Updated
Our Methodology:
✓ Live account testing ✓ Regulation verified via official registries ✓ Spread measured during London session ✓ Withdrawal time personally tested ✓ No paid placements or paid rankings
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8 brokers
⭐ Top Pick 2026
#1

Exness

STP / ECN · Instant Withdrawals · Global
✓ FCA ✓ CySEC ✓ FSCA
4.9
Expert Score
$1Min Deposit
0.0 pipsRaw Spread
1:2000Max Leverage
200+Instruments

Exness is our #1 rated broker for 2026. It leads across every major category — regulation strength (FCA + CySEC + FSCA), trading costs (0.0 pip raw spreads), and withdrawal experience (instant, 24/7, any amount). Over 500,000 active traders rely on Exness globally.

Pros
+ Instant 24/7 withdrawals
+ Raw spread from 0.0 pips
+ Triple tier-1 regulation
+ $1 minimum deposit
Cons
− Not available in US/EU restricted zones
− Limited instrument range vs XM
− No proprietary desktop platform
⭐ Best Overall Instant Withdrawal Lowest Deposit Tier-1 Regulated
Category Scores
Regulation
9.8
Trading Costs
9.7
Platforms
9.2
Support
9.5
Read Full Review Visit Official Site ↗
Updated Jan 2026
✦ Editor's Choice
#2

XM

Market Maker · 1,400+ Instruments · Global
✓ CySEC ✓ ASIC ✓ FSA
4.8
Expert Score
$5Min Deposit
0.0 pipsZero Spread
1:1000Max Leverage
1,400+Instruments

XM is the best broker for beginners and instrument diversity in 2026. With 1,400+ tradeable assets, a no-requote policy, and one of the most comprehensive free education libraries in the industry, XM serves over 5 million clients across 190+ countries.

Pros
+ 1,400+ instruments (widest range)
+ No requotes guaranteed
+ Excellent education resources
+ $5 minimum deposit
Cons
− Standard spreads wider than ECN brokers
− $15/month inactivity fee after 90 days
− No proprietary trading platform
🏆 Best for Beginners Most Instruments No Requotes Education Leader
Category Scores
Regulation
9.0
Trading Costs
8.5
Platforms
8.8
Support
9.0
Read Full Review Visit Official Site ↗
Updated Jan 2026
#3

JustMarkets

STP · Highest Leverage · Global
✓ CySEC ✓ FSA ✓ FSC
4.7
Expert Score
$10Min Deposit
0.0 pipsRaw Spread
1:3000Max Leverage
180+Instruments

JustMarkets offers the highest leverage of any broker we reviewed in 2026 — up to 1:3000. Paired with raw spreads from 0.0 pips and a CySEC license, it delivers exceptional value for experienced traders seeking maximum capital efficiency.

Pros
+ Highest leverage: 1:3000
+ Raw spreads from 0.0 pips
+ CySEC regulated (EU standard)
+ No inactivity fees
Cons
− Fewer instruments than XM or DooPrime
− Limited phone support regions
− No proprietary platform
🚀 Highest Leverage Best Value No Inactivity Fee
Category Scores
Regulation
8.6
Trading Costs
8.8
Platforms
8.0
Support
7.8
Read Full Review Visit Official Site ↗
Updated Jan 2026
#4

Headway

STP / ECN · Copy Trading · MT5
✓ FSA ✓ VFSC
4.5
Expert Score
$10Min Deposit
0.0 pipsECN Spread
1:2000Max Leverage
100+Instruments

Headway is a strong ECN broker for traders who prioritise execution speed and copy trading. Built entirely on MT5, it offers fast ECN fills, competitive spreads from 0.0 pips, and a well-regarded copy trading system with a low $10 entry point.

Pros
+ Fast ECN execution
+ MT5 with built-in copy trading
+ Low $10 minimum deposit
+ No inactivity fees
Cons
− No MT4 support
− Lighter regulatory framework
− Limited instrument range (100+)
Copy Trading MT5 Specialist ECN Execution
Category Scores
Regulation
7.2
Trading Costs
8.5
Platforms
8.2
Support
7.0
Read Full Review Visit Official Site ↗
Updated Jan 2026
#5

DooPrime

ECN / Prime · Institutional Liquidity · FCA
✓ FCA ✓ VFSC ✓ MU
4.4
Expert Score
$10Min Deposit
0.0 pipsSTP Raw
1:500Max Leverage
300+Instruments

DooPrime is our top-rated ECN broker for professional traders in 2026. FCA-regulated with prime institutional liquidity, TradeLocker proprietary platform, and raw spreads from 0.0 pips. Ideal for experienced traders demanding tight execution and deep liquidity.

Pros
+ FCA regulated (UK)
+ Prime ECN institutional liquidity
+ TradeLocker proprietary platform
+ Copy trading available
Cons
− Higher $100 minimum deposit
− Higher commission per lot ($6)
− Not ideal for beginners
⚡ Best ECN Pro FCA Licensed Prime Liquidity
Category Scores
Regulation
8.8
Trading Costs
8.4
Platforms
9.0
Support
7.2
Read Full Review Visit Official Site ↗
Updated Jan 2026
#6

Ultima Market

STP · MT5 · Multi-Regulated
✓ VFSC ✓ FSCA
4.3
Expert Score
$10Min Deposit
0.2 pipsPro Spread
1:500Max Leverage
250+Instruments

Ultima Market is a solid mid-tier STP broker with 250+ instruments and FSCA regulation. Best suited to intermediate traders seeking a reliable MT5 environment with competitive Pro account pricing and no inactivity charges.

Pros
+ FSCA regulated (South Africa)
+ 250+ instruments on MT5
+ No inactivity fees
Cons
− No MT4 support
− Slower customer support response
− No copy trading
MT5 Specialist No Inactivity Fee
Category Scores
Regulation
7.4
Trading Costs
7.8
Platforms
7.2
Support
6.5
Read Full Review Visit Official Site ↗
Updated Jan 2026
#7

TradingPro

Market Maker · MT4 / MT5 · Global
✓ VFSC
4.2
Expert Score
$10Min Deposit
0.3 pipsPro Spread
1:1000Max Leverage
150+Instruments

TradingPro offers a straightforward trading experience with MT4 and MT5 support and a $10 minimum deposit. A budget-friendly option for traders who want simple access to forex and commodities without complex account tiers.

Pros
+ Both MT4 and MT5 available
+ $10 minimum deposit
+ No inactivity fees
Cons
− VFSC only — lighter regulation
− No copy trading
− Limited instrument selection
Budget-Friendly MT4 + MT5
Category Scores
Regulation
6.5
Trading Costs
7.0
Platforms
7.4
Support
6.2
Read Full Review Visit Official Site ↗
Updated Jan 2026
#8

CXM Direct

Raw ECN · ASIC Regulated · Deep Liquidity
✓ ASIC ✓ FSA
4.2
Expert Score
$10Min Deposit
0.0 pipsRaw ECN
1:500Max Leverage
280+Instruments

CXM Direct is our top pick for pure ECN execution quality in 2026. ASIC-regulated with deep institutional liquidity, raw spreads from 0.0 pips, and the fastest execution latency we measured across all 8 reviewed brokers.

Pros
+ Fastest execution latency tested
+ ASIC regulated (Australia)
+ Raw ECN from 0.0 pips
+ Deep institutional liquidity
Cons
− $200 minimum deposit
− Higher commission $7/lot
− No copy trading
⚡ Best Execution ASIC Regulated Raw ECN
Category Scores
Regulation
8.2
Trading Costs
8.6
Platforms
7.8
Support
6.8
Read Full Review Visit Official Site ↗
Updated Jan 2026

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Risk Warning: Trading forex and CFDs involves significant risk and is not suitable for all investors. The majority of retail investor accounts lose money when trading CFDs. This site provides independent reviews for informational purposes only — not financial advice. We may receive affiliate compensation when you click broker links. Updated January 2026. Full Disclosure.

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