Live market ticker scrolling. Instruments tracked: EUR/USD, GBP/USD, USD/JPY, Gold, S&P 500, Bitcoin. Live prices are provided by TradingView. Use the pause ticker button to stop the motion.

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  • USD/JPY
  • Gold
  • S&P 500
  • Bitcoin
FXSpreadMeterFXSpreadMeter

FX Spread Meter — broker intelligence engine

Measure the Market.
Compare the Brokers.
Trade Smarter.

FXSpreadMeter gives traders a smarter way to compare forex brokers, trading costs, platforms, regulation and trading conditions.

What are you looking for?

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Precision Trading for Modern Markets

Broker spreads, verified regulation and platform intelligence in one place.

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FXSpreadMeter trading app showing an EUR/USD quote, candlestick chart and market sentiment

Research at a glance

Brokers Tracked
11

Published broker reviews

Countries Covered
155

Countries where reviewed brokers accept clients

Platforms Reviewed
24

MT4, MT5, cTrader & more

Market Categories Monitored
19

Forex, Stocks, Indices, Crypto

Avg. Spreads (pips)
0.9

Across major pairs

Spreads Last Verified
13 Oct 2026

Most recent broker spread verification

Ranking engine

Top Brokers

Composite scores across regulation, trading costs, platforms, accounts, markets, tools and support. No broker can buy a position or a score.

All Brokers
#01FP Markets logo

FP Markets

Top rated

FP Markets pairs raw-spread FX pricing with direct-market-access share dealing, so cost-sensitive traders and multi-asset investors can work from one account group. Five platform choices, regulation across ASIC, FSCA, SCA, FSA and CMA, and no minimum deposit make it our strongest all-round pick this quarter.

Trading costs
9.5
Platforms
9.2
Regulation
9.3
Trading tools
9.2
ASICFSCASCAFSAVerified 13 October 2026
9.3/ 10

FXSpreadMeter score

How we score brokers →

Pricing by account type

  • Standard·From 1.0 pipsCommission $0
  • ECN(Raw)·From 0.0 pipsCommission US$3/side (US$6 round turn)
Visit FP MarketsRegisterCompareReview
#02IC Markets logo

IC Markets

IC Markets is built around cheap execution rather than hand-holding. If you already know how you want to trade and value platform choice, the Raw Spread tier is one of the more compelling cost structures available. Read the entity disclosure carefully: the leverage headline you see may come from the offshore arm rather than the ASIC-regulated one.

Trading costs
9.4
Platforms
9.5
Regulation
8.8
Trading tools
9.5
ASICFSA (Seychelles)Structured data
8.9/ 10

FXSpreadMeter score

How we score brokers →

Pricing by account type

  • Standard·From 0.8 pipsCommission $0
  • ECN(Raw Pro+)·From 0.0 pipsCommission US$1.00/lot/side
RegisterCompareReview
#03XM Group logo

XM Group

XM is a sensible starting point rather than a cost leader. The tiny minimum deposit, deep education library and responsive support suit traders still finding their footing; once volume grows, the Standard account's spread-only pricing starts to look expensive next to raw-spread rivals.

Trading costs
8.3
Platforms
8.5
Regulation
8.2
Trading tools
8.5
ASICDFSACMAStructured data
8.7/ 10

FXSpreadMeter score

How we score brokers →

Pricing by account type

  • Standard·From 1.6 pipsCommission $0
  • ECN(Ultra Low)·From 0.8 pipsCommission $0
Visit BrokerRegisterCompareReview

Market data

Live Forex Quotes

Track major currency pairs, daily movement and current bid/ask pricing.

Full quotes Forex Exchange

Trading calculators

Pip value, position size, margin, spread and total cost — all using the same rate data shown here.

All calculators

Browse by need

Broker categories

Every category is generated from the broker data model, so a new broker appears in the right lists automatically.

Find My Broker

A broker-matching engine, not a lead form.

Your answers run through a weighted suitability model: eligibility 30%, preferences 25%, trading conditions 20%, leverage 10%, markets 5% and broker quality 10%. No paid placement enters the score.

  1. 1Location
  2. 2Experience
  3. 3Trading style
  4. 4Priorities
  5. 5Platforms
  6. 6Budget
  7. 7Leverage
  8. 8Account
  9. 9Markets
  10. 10Features

Educational information only — not investment advice or a personal recommendation. CFDs and leveraged forex carry a high risk of rapid loss.

Step 1 / 10

Where do you live?

Your country of residence decides which broker entity can onboard you and which leverage limits apply.

Region

Regulation

Understand who protects you

Licence quality changes everything: leverage caps, client-money rules and compensation limits. Reference guides for each major authority.

  • FCA
  • ASIC
  • FSCA
  • DFSA

Education

Learn before you fund

Structured lessons on market mechanics, strategy design, risk control and platform fluency — written to be read once and used for years.

  • · Forex basics
  • · Trading strategies
  • · Risk management
  • · Technical analysis
  • · Fundamental analysis
  • · Choosing a broker

FXSpreadMeter Ratings

Top Rated Forex Brokers 2026

Compare highly rated brokers across trading costs, platforms, regulation and overall conditions.

FP Markets logo

Rank #1

FP Markets

Rating

9.3 / 10

Best for
Shares and FX in one place
Why it ranks here
FP Markets pairs raw-spread FX pricing with direct-market-access share dealing, so cost-sensitive traders and multi-asset investors can work from one account group. Five platform choices, regulation across ASIC, FSCA, SCA, FSA and CMA, and no minimum deposit make it our strongest all-round pick this quarter.
View ProfileRegister
IC Markets logo

Rank #2

IC Markets

Rating

8.9 / 10

Best for
Raw-spread trading
Why it ranks here
IC Markets is built around cheap execution rather than hand-holding. If you already know how you want to trade and value platform choice, the Raw Spread tier is one of the more compelling cost structures available. Read the entity disclosure carefully: the leverage headline you see may come from the offshore arm rather than the ASIC-regulated one.
View ProfileRegister
XM Group logo

Rank #3

XM Group

Rating

8.7 / 10

Best for
New traders
Why it ranks here
XM is a sensible starting point rather than a cost leader. The tiny minimum deposit, deep education library and responsive support suit traders still finding their footing; once volume grows, the Standard account's spread-only pricing starts to look expensive next to raw-spread rivals.
View ProfileRegister
eToro logo

Rank #4

eToro

Rating

8.5 / 10

Best for
Copy trading
Why it ranks here
eToro trades execution cost for accessibility. The social layer and multi-asset account are genuinely useful if you want to follow others or hold equities alongside FX, but active intraday traders will feel the spread and miss MetaTrader.
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XTB logo

Rank #5

XTB

Rating

8.7 / 10

Best for
Traders who prefer a single proprietary platform
Why it ranks here
XTB is a listed international broker running its own xStation platform, with a research and education layer that suits traders who prefer one integrated interface.
View ProfileRegister
Capital.com logo

Rank #6

Capital.com

Rating

8.5 / 10

Best for
Newer CFD traders who want guided tools
Why it ranks here
Capital.com combines a clean proprietary platform with MT4 access and an in-app learning layer aimed at newer CFD traders.
View ProfileRegister

Affiliate disclosure: FXSpreadMeter may receive compensation from some broker partners when users register through links on our website. This does not guarantee a broker's suitability or performance. Trading involves significant risk.