The comparison matrix

31 brokers · 14 columns · sorted by Tier-1 licence count, then tightest EUR/USD spread best in column Tier-1 regulatedScroll sideways→

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 →
2Featured 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%

Spreads are typical EUR/USD figures on each broker's tightest standard or raw account and will widen around news. The matrix order is a fee-aware value score: 40% verified trading-cost evidence, 35% active supervision, 15% operating record and 10% platform breadth. A missing spread earns no cost points. Tier-1 regulators still matter, but licence count alone does not decide the order. We may earn a commission on outbound links; it does not change the score The IUX featured row is a separately disclosed partnership placement and does not alter its score.

IUX (IUX Markets) is a featured partner of fxbout.com — the placement on this matrix reflects a partnership, not the underlying numbers. Every figure shown passes the same verification as every other row.