Broker matcher · 4 questions · no email
Answer one question. Watch the shortlist move.
fxbout.com is a tool, not a listicle. Start the matcher on the right, then check its answer against the full 31-broker matrix, a head-to-head where every attribute has a winner, and a calculator that prices the spread you would actually pay.
- 31regulated brokers tracked across 129 licences (60 of them Tier-1)
- 28head-to-head matchups, each scored over five computed rounds
- 14comparison columns in the matrix — spread, deposit, leverage, terminals, tiers
- 4questions between you and a named match, weighted on public facts
1of 4
How much are you starting with?
No email, no sign-up. Use the arrow keys or press 1–4. Each answer re-weights all 31 brokers.
Your shortlist right now
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Pick an answer and these three rows change order in front of you — no page reload, no email gate.
4 questions in total — about 60 seconds, then a named broker.
Every broker, every column, one screen
All brokers →The matrix
Every broker, every column, one screen
Fourteen columns of checkable facts. The best value in each numeric column is highlighted, the broker column stays pinned while you scroll sideways, and nothing here is paid placement — order is Tier-1 licence count first, tightest spread as the tiebreak.
| Broker | Value score | EUR/USD | Min. deposit | Tier-1 | Licences | Max leverage | Founded | Years live | HQ | Regulators | Platforms | Terminals | Account tiers | Cost / 10 lots | Go |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 88 | 0.60 pips | None | 7× T1 | 7 | 1:30 (UK/EU retail) | 1974 | 52 | London, UK | FCA, FCA, BaFin, FINMA, ASIC, MAS, NFA/CFTC | 5 | Proprietary web platform, MT4, ProRealTime, L2 Dealer, Mobile apps | CFD, Spread betting, Share dealing, Professional | $60 | Visit → |
2 Featured partner | 47 | 0.90 (as advertised by IUX.com, 2026-10 · source) pips | $30 (as advertised by IUX.com, 2026-10 · source) | 1× T1 | 1 | 1:3000 (FSC (Mauritius)) (as advertised by IUX.com, 2026-10 · source) | not examined | not examined | not examined | Australian Securities and Investments Commission · entity not examined · authorised · 2026-09 | 2 | MetaTrader 5, Proprietary web platform | Standard, Raw, Pro, Demo | $90 (as advertised by IUX.com, 2026-10 · source) calculated from advertised spread | Visit → |
3 | 80 | 0.90 pips | None | 5× T1 | 5 | 1:30 (UK/EU retail) | 1992 | 34 | Hellerup (Copenhagen), Denmark | Danish FSA, FCA, FINMA, MAS, FSA Japan | 4 | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, Mobile apps | Classic, Platinum, VIP | $90 | Visit → |
4 | 79 | not examined pips | None (as advertised by Pepperstone Markets Limited, 2026-10 · source) | not examined | not examined | 1:200 (Securities Commission of The Bahamas) (as advertised by Pepperstone Markets Limited, 2026-10 · source) | not examined | not examined | not examined | Capital Markets Authority (Kenya) · entity not examined · authorised · 2026-09, Financial Conduct Authority (UK) · entity not examined · authorised · 2026-08, Securities Commission of The Bahamas · entity not examined · not verified | 5 | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Proprietary web platform | Standard, Razor, Demo | not examined | Visit → |
5 | 78 | not examined pips | not examined | 1× T1 | 1 | 1:200 (BM) (as advertised by CMC Markets, 2026-10 · source) | not examined | not examined | not examined | Financial Conduct Authority (UK) · entity not examined · authorised · 2026-09 | 4 | MetaTrader 4, MetaTrader 5, TradingView, Proprietary web platform | CFD (standard spread pricing), FX Active | not examined | Visit → |
6 | 78 | not examined pips | not examined | 1× T1 | 1 | 1:200 (VG) (as advertised by OANDA, 2026-10 · source) | not examined | not examined | not examined | Financial Conduct Authority (UK) · entity not examined · authorised · 2026-09 | 2 | MetaTrader 5, TradingView | Standard, Premium, Premium Plus (core pricing), Demo | not examined | Visit → |
7 | 76 | not examined pips | $100 (as advertised by Eightcap, 2026-10 · source) | not examined | not examined | 1:500 (Financial Services Authority (Seychelles)) (as advertised by Eightcap, 2026-10 · source) | not examined | not examined | not examined | Australian Securities and Investments Commission · entity not examined · authorised · 2026-09, Cyprus Securities and Exchange Commission · entity not examined · authorised · 2026-09, Financial Conduct Authority (UK) · entity not examined · authorised · 2026-09, Financial Services Authority (Seychelles) · entity not examined · not verified | 3 | MetaTrader 4, MetaTrader 5, TradingView | Standard, Raw, Demo | not examined | Visit → |
| 8FOREX.com | 75 | 1.00 pips | $100 | 4× T1 | 5 | 1:50 (US) / 1:30 (UK retail) | 2001 | 25 | New Jersey, USA (StoneX) | CFTC/NFA, FCA, ASIC, CIRO, CIMA | 4 | MT4, MT5, TradingView, Web Trader | Standard, Commission, STP Pro | $100 | Visit → |
9 | 72 | not examined pips | $100 (as advertised by Tickmill Ltd, 2026-09 · source) | not examined | not examined | 1:1000 (SC) (as advertised by Tickmill Ltd, 2026-09 · source) | not examined | not examined | not examined | Cyprus Securities and Exchange Commission · entity not examined · authorised · 2026-09, Financial Conduct Authority (UK) · entity not examined · authorised · 2026-09, Financial Services Authority (Seychelles) · entity not examined · not verified | 4 | MetaTrader 4, MetaTrader 5, TradingView, Proprietary web platform | Classic Account, Raw Account, TradingView Raw, Swap-free Islamic Account, Demo Account | not examined | Visit → |
| 10City Index | 72 | not examined pips | not examined | 1× T1 | 1 | not examined | not examined | not examined | not examined | Financial Conduct Authority (UK) · entity not examined · authorised · 2026-09 | not examined | not examined | not examined | not examined | Visit → |
11 | 69 | not examined pips | $10 (as advertised by Capital.com, 2026-09 · source) | 2× T1 | 3 | 1:30 (Cyprus Securities and Exchange Commission); 1:30 (Financial Conduct Authority (UK)); 1:30 (Australian Securities and Investments Commission); 1:500 (Securities and Commodities Authority (UAE)); 1:200 (BS) (as advertised by Capital.com, 2026-09 · source) | not examined | not examined | not examined | Australian Securities and Investments Commission · entity not examined · authorised · 2026-09, Cyprus Securities and Exchange Commission · entity not examined · authorised · 2026-09, Financial Conduct Authority (UK) · entity not examined · authorised · 2026-09 | 4 | MetaTrader 4, MetaTrader 5, TradingView, Proprietary web platform | Live CFD account, Professional account, Demo account | not examined | Visit → |
12 | 69 | not examined pips | $100 (as advertised by Axi, 2026-10 · source) | 1× T1 | 1 | not examined | not examined | not examined | not examined | Australian Securities and Investments Commission · entity not examined · authorised · 2026-09 | 5 | MetaTrader 4, MetaTrader 5, Proprietary web platform, Proprietary desktop platform, TradingView | Standard, Pro, Elite, Swap-free, Demo | not examined | Visit → |
13 | 69 | not examined pips | $100 (as advertised by ATFX, 2026-10 · source) | 1× T1 | 1 | 1:500 (Financial Services Commission (Mauritius)) (as advertised by ATFX, 2026-10 · source) | not examined | not examined | not examined | Financial Conduct Authority (UK) · entity not examined · authorised · 2026-09 | 2 | MetaTrader 4, MetaTrader 5 | ATFX Account, Demo | not examined | Visit → |
14 | 68 | not examined pips | not examined | 1× T1 | 2 | not examined | not examined | not examined | not examined | Cyprus Securities and Exchange Commission · entity not examined · authorised · 2026-09, Financial Conduct Authority (UK) · entity not examined · authorised · 2026-09 | not examined | not examined | not examined | not examined | Visit → |
| 15AvaTrade | 68 | 0.80 (as advertised by AvaTrade, 2026-10 · source) pips | $100 (as advertised by AvaTrade, 2026-10 · source) | 1× T1 | 1 | 1:400 (VG) (as advertised by AvaTrade, 2026-10 · source) | not examined | not examined | not examined | Central Bank of Ireland · entity not examined · authorised · 2026-09 | 3 | MetaTrader 4, MetaTrader 5, Proprietary web platform | Retail CFD Account, Islamic Account, Professional Trading Account, Demo | $80 (as advertised by AvaTrade, 2026-10 · source) calculated from advertised spread | Visit → |
16 | 66 | 0.50 (as advertised by ActivTrades, 2026-10 · source) pips | not examined | 1× T1 | 1 | 1:1000 (Financial Services Commission (Mauritius)) (as advertised by ActivTrades, 2026-10 · source) | not examined | not examined | not examined | Financial Conduct Authority (UK) · entity not examined · authorised · 2026-09 | 4 | MetaTrader 4, MetaTrader 5, TradingView, Proprietary web platform | Individual, Islamic, Demo | $50 (as advertised by ActivTrades, 2026-10 · source) calculated from advertised spread | Visit → |
17 | 65 | 0.90 (as advertised by Admirals, 2026-10 · source) pips | not examined | not examined | not examined | 1:30 (Cyprus Securities and Exchange Commission) (as advertised by Admirals, 2026-10 · source) | not examined | not examined | not examined | Cyprus Securities and Exchange Commission · entity not examined · authorised · 2026-09, Dutch Authority for the Financial Markets · entity not examined · not verified | 2 | MetaTrader 4, MetaTrader 5 | Trade.MT5, Zero.MT5, Invest.MT5, Islamic, Demo | $90 (as advertised by Admirals, 2026-10 · source) calculated from advertised spread | Visit → |
18 | 62 | 0.50 pips | None | 1× T1 | 3 | 1:30 (UK/EU retail) | 2002 | 24 | Warsaw, Poland | KNF, FCA, CySEC | 2 | xStation 5 (proprietary web/desktop), xStation Mobile | Standard, Professional | $50 | Visit → |
19 | 58 | 0.80 (as advertised by Exness, 2026-10 · source) pips | $10 (as advertised by Exness, 2026-10 · source) | not examined | not examined | not examined | not examined | not examined | not examined | Vanuatu Financial Services Commission · entity not examined · authorised · 2026-09, Cyprus Securities and Exchange Commission · entity not examined · authorised · 2026-08, British Virgin Islands Financial Services Commission · entity not examined · not verified | 3 | MetaTrader 4, MetaTrader 5, Proprietary web platform | Standard, Pro, Zero, Raw Spread, Demo | $80 (as advertised by Exness, 2026-10 · source) calculated from advertised spread | Visit → |
| 20FXCM | 58 | not examined pips | $50 (as advertised by FXCM, 2026-10 · source) | 1× T1 | 1 | 1:1000 (VC) (as advertised by FXCM, 2026-10 · source) | not examined | not examined | not examined | Financial Conduct Authority (UK) · entity not examined · authorised · 2026-09 | 4 | Proprietary desktop platform, Proprietary web platform, MetaTrader 4, TradingView | Individual trading account, Demo | not examined | Visit → |
21 | 57 | not examined pips | not examined | 1× T1 | 2 | 1:200 (BS) (as advertised by FxPro Global Markets Limited, 2026-09 · source) | not examined | not examined | not examined | Cyprus Securities and Exchange Commission · entity not examined · authorised · 2026-09, Financial Conduct Authority (UK) · entity not examined · authorised · 2026-09 | 5 | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Proprietary web platform | Standard (MT4/MT5), Raw+ (MT4/MT5), Elite (MT4/MT5), cTrader Account | not examined | Visit → |
22 | 56 | not examined pips | None (as advertised by IC Markets, 2026-10 · source) | not examined | not examined | 1:5000 (FSA (Seychelles)) (as advertised by IC Markets, 2026-10 · source) | not examined | not examined | not examined | Cyprus Securities and Exchange Commission · entity not examined · authorised · 2026-08, Financial Conduct Authority (UK) · entity not examined · not verified | 4 | MetaTrader 4, MetaTrader 5, cTrader, TradingView | Raw Pro+, Raw Pro, Raw Spread (MetaTrader), Raw Spread (cTrader), Standard, Swap Free, Demo | not examined | Visit → |
23 | 54 | not examined pips | $50 (as advertised by eToro, 2026-10 · source) | 1× T1 | 2 | not examined | not examined | not examined | not examined | Cyprus Securities and Exchange Commission · entity not examined · authorised · 2026-09, Financial Conduct Authority (UK) · entity not examined · authorised · 2026-09 | 1 | Proprietary web platform | eToro investment account (USD), Virtual Portfolio (demo) | not examined | Visit → |
| 24XS.com | 54 | 1.10 pips | None | 1× T1 | 7 | up to 1:2000 | 2010 | 16 | Eden Island, Seychelles | ASIC, CySEC, FSCA, UAE Securities and Commodities Authority, FSA Seychelles, Labuan FSA, FSC Mauritius | 3 | MT4, MT5, XS mobile app | Standard, Cent, Micro, Pro, Elite, VIP, Classic, Extra, Plus, Copy Standard, Copy Pro, Demo | $110 | Visit → |
25 | 53 | not examined pips | $5 (as advertised by XM Global Limited, 2026-10 · source) | — | 1 | 1:1000 (BZ) (as advertised by XM Global Limited, 2026-10 · source) | not examined | not examined | not examined | Cyprus Securities and Exchange Commission · entity not examined · authorised · 2026-08 | 3 | MetaTrader 4, MetaTrader 5, Proprietary web platform | Standard, Ultra Low, Shares, Demo | not examined | Visit → |
26 | 52 | 0.90 pips | $100 | 1× T1 | 3 | up to 1:2000 | 2004 | 22 | Port Vila, Vanuatu | ASIC, VFSC, FSC Mauritius | 4 | MT4, MT5, DecodeFX App, DecodeFX Web | Standard, Pro, Cent | $90 | Visit → |
| 27Swissquote | 46 | not examined pips | $1,000 (as advertised by Swissquote, 2026-10 · source) | not examined | not examined | 1:100 (Swiss Financial Market Supervisory Authority) (as advertised by Swissquote, 2026-10 · source) | not examined | not examined | not examined | Comisión Nacional del Mercado de Valores (Spain) · entity not examined · authorised · 2026-09, Monetary Authority of Singapore · entity not examined · not verified | 4 | MetaTrader 4, MetaTrader 5, TradingView, Proprietary web platform | Standard, Premium, Prime, Professional, Demo | not examined | Visit → |
28 | 45 | 0.70 pips | $5 | — | 2 | up to 1:3000 (Belize entity); 1:30 retail under CySEC | 2009 | 17 | Belize City, Belize | CySEC, FSC Belize | 3 | MT4, MT5, FBS Trader app | Standard, Cent, Pro, Crypto | $70 | Visit → |
29 | 45 | 0.80 pips | None | — | 2 | up to 1:500 | 2014 | 12 | Auckland, New Zealand | FMA New Zealand, FSA Seychelles | 5 | MT4, MT5, cTrader, TradingView, BlackBull CopyTrader | ECN Standard, ECN Prime, Prime+, ECN Institutional | $80 | Visit → |
30 | 44 | not examined pips | $100 (as advertised by TMGM, 2026-10 · source) | 1× T1 | 1 | 1:1000 (Vanuatu Financial Services Commission) (as advertised by TMGM, 2026-10 · source) | not examined | not examined | not examined | Australian Securities and Investments Commission · entity not examined · authorised · 2026-09 | 2 | MetaTrader 4, MetaTrader 5 | EDGE, CLASSIC, Demo | not examined | Visit → |
31 | 34 | 0.90 pips | $10 | — | 2 | up to 2000:1 | 2013 | 13 | Kingstown, St Vincent and the Grenadines | FSC Mauritius, None — St Vincent and the Grenadines IBC registration only | 2 | MT4, MT5 | Standard, ECN, Cent, Demo | $90 | Visit → |
Drag, swipe or arrow-key the table sideways to reach all 15 columns — the broker column stays pinned to the left edge. “Value score” is 40% verified trading-cost evidence, 35% active supervision, 15% operating record and 10% platform breadth. “Cost / 10 lots” remains the spread charge on ten standard-lot round turns at $10 per pip. Retail EU/UK leverage is capped at 1:30 regardless of a broker's offshore ceiling The default view also shows IUX at a separately disclosed featured position #2; that placement does not alter any score.Brand value scores retain their original assessment inputs; current factual cells are shown separately. Cost evidence 40% · active supervision 35% · operating record + platforms 25%
Head to head
Two brokers, five rounds, one scoreline
Each matchup splits the page down the middle and scores cost, trust, access, platforms and operating record. The winner of every round is computed from the data — the write-up only explains what the numbers mean.
Pepperstone
IC Markets
- 0.60pip EUR/USD0.62
- $0to open$200
- 3Tier-1 licences1
Brand assessment snapshot · Pepperstone takes 4 of 5 rounds
Open matchup →XM
Exness
- 0.80pip EUR/USD0.70
- $5to open$10
- 1Tier-1 licences1
Brand assessment snapshot · Exness takes 3 of 5 rounds
Open matchup →OANDA
FOREX.com
- 1.00pip EUR/USD1.00
- $0to open$100
- 5Tier-1 licences4
Brand assessment snapshot · OANDA takes 3 of 5 rounds
Open matchup →FxPro
Pepperstone
- 0.90pip EUR/USD0.60
- $100to open$0
- 1Tier-1 licences3
Brand assessment snapshot · Pepperstone takes 3 of 5 rounds
Open matchup →eToro
Plus500
- 1.00pip EUR/USD0.60
- $50to open$100
- 2Tier-1 licences2
Brand assessment snapshot · eToro takes 2 of 5 rounds
Open matchup →IC Markets
XM
- 0.62pip EUR/USD0.80
- $200to open$5
- 1Tier-1 licences1
Brand assessment snapshot · IC Markets takes 3 of 5 rounds
Open matchup →ActivTrades
CMC Markets
- 0.50pip EUR/USD0.50
- $0to open$0
- 1Tier-1 licences3
Brand assessment snapshot · CMC Markets takes 2 of 5 rounds
Open matchup →Admirals (Admiral Markets)
City Index
- 0.50pip EUR/USD0.50
- $100to open$100
- 1Tier-1 licences2
Brand assessment snapshot · City Index takes 2 of 5 rounds
Open matchup →ATFX
Saxo Bank
- 0.80pip EUR/USD0.90
- $100to open$0
- 3Tier-1 licences5
Brand assessment snapshot · Saxo Bank takes 4 of 5 rounds
Open matchup →Axi
FBS
- 0.70pip EUR/USD0.70
- $0to open$5
- 2Tier-1 licences0
Brand assessment snapshot · Axi takes 4 of 5 rounds
Open matchup →Capital.com
Axi
- 0.60pip EUR/USD0.70
- $20to open$0
- 2Tier-1 licences2
Brand assessment snapshot · Axi takes 2 of 5 rounds
Open matchup →City Index
IG Group
- 0.50pip EUR/USD0.60
- $100to open$0
- 2Tier-1 licences7
Brand assessment snapshot · IG Group takes 3 of 5 rounds
Open matchup →CMC Markets
XTB
- 0.50pip EUR/USD0.50
- $0to open$0
- 3Tier-1 licences1
Brand assessment snapshot · CMC Markets takes 3 of 5 rounds
Open matchup →Eightcap
Tickmill
- 0.10pip EUR/USD0.10
- $100to open$100
- 2Tier-1 licences1
Brand assessment snapshot · Eightcap takes 2 of 5 rounds
Open matchup →FBS
ATFX
- 0.70pip EUR/USD0.80
- $5to open$100
- 0Tier-1 licences3
Brand assessment snapshot · FBS takes 3 of 5 rounds
Open matchup →IG Group
Capital.com
- 0.60pip EUR/USD0.60
- $0to open$20
- 7Tier-1 licences2
Brand assessment snapshot · IG Group takes 4 of 5 rounds
Open matchup →IUX (IUX Markets)
Decode Global
- 0.90pip EUR/USD0.90
- $200to open$100
- 1Tier-1 licences1
Brand assessment snapshot · Decode Global takes 3 of 5 rounds
Open matchup →IUX (IUX Markets)
FBS
- 0.90pip EUR/USD0.70
- $200to open$5
- 1Tier-1 licences0
Brand assessment snapshot · FBS takes 3 of 5 rounds
Open matchup →IUX (IUX Markets)
Land Prime
- 0.90pip EUR/USD0.90
- $200to open$10
- 1Tier-1 licences0
Brand assessment snapshot · Split 2–2 — decided by your priority
Open matchup →IUX (IUX Markets)
TMGM
- 0.90pip EUR/USD1.00
- $200to open$100
- 1Tier-1 licences1
Brand assessment snapshot · TMGM takes 2 of 5 rounds
Open matchup →Tickmill
ActivTrades
- 0.10pip EUR/USD0.50
- $100to open$0
- 1Tier-1 licences1
Brand assessment snapshot · ActivTrades takes 3 of 5 rounds
Open matchup →XTB
Admirals (Admiral Markets)
- 0.50pip EUR/USD0.50
- $0to open$100
- 1Tier-1 licences1
Brand assessment snapshot · Admirals (Admiral Markets) takes 2 of 5 rounds
Open matchup →BlackBull Markets
Land Prime
- 0.80pip EUR/USD0.90
- $0to open$10
- 0Tier-1 licences0
BlackBull Markets takes 3 of 5 rounds
Open matchup →Decode Global
XS.com
- 0.90pip EUR/USD1.10
- $100to open$0
- 1Tier-1 licences1
Decode Global takes 3 of 5 rounds
Open matchup →FXCM
Swissquote
- 1.30pip EUR/USD1.70
- $50to open$1000
- 2Tier-1 licences2
Brand assessment snapshot · FXCM takes 3 of 5 rounds
Open matchup →Land Prime
Decode Global
- 0.90pip EUR/USD0.90
- $10to open$100
- 0Tier-1 licences1
Decode Global takes 3 of 5 rounds
Open matchup →Saxo Bank
IUX (IUX Markets)
- 0.90pip EUR/USD0.90
- $0to open$200
- 5Tier-1 licences1
Brand assessment snapshot · Saxo Bank takes 4 of 5 rounds
Open matchup →TMGM
FXCM
- 1.00pip EUR/USD1.30
- $100to open$50
- 1Tier-1 licences2
Brand assessment snapshot · FXCM takes 4 of 5 rounds
Open matchup →Best for
Jump straight to your segment
The same 31 brokers, re-ranked for how you actually trade. Live shortlists carry a written case for each pick; the remaining segments are tracked in the matrix data.
Beginners3Scalping3Low deposit3High leverage12Copy tradingIslamic / swap-freeMT5 only1cTrader4US residents3$0 minimum10TradingView native12Raw-spread accounts11
Filled badges are live shortlists with a written case per pick; outlined badges count how many of the 31 tracked brokers qualify in the matrix data.
0.10pTightest EUR/USD — Eightcap (average 0.77p)
$0Lowest minimum deposit on the board
7×Most Tier-1 licences — IG Group
129Licences checked against public registers
Fee calculator
Price the spread before you commit
Move the sliders. Spread cost is priced at $10 per pip per standard lot round turn against each broker's real quoted EUR/USD figure, so the gap between first and last is money you either keep or hand over.
Trade size 1.00 lots100,000 units of EUR/USD per round turn
Frequency 22/mo
Horizon 12 months264 round turns in total
$264cheapest (Eightcap) — up to $1,320 at CMC Markets. Choosing badly costs $1,056 over 12 months.
Eightcap0.10p$264
Tickmill0.10p$264
ActivTrades0.50p$1,320
Admirals (Admiral Markets)0.50p$1,320
City Index0.50p$1,320
CMC Markets0.50p$1,320
Showing the six cheapest brokers at your settings. The full tool prices all 31 and explains where commission accounts change the answer.
Still weighing it up?
Four questions and 3 ready-made shortlists stand between you and a named broker.