Forex trading platforms

Compare pairs, prices and fees of foreign exchange trading platforms.

By   |   Verified by David Boyd   |   Updated 2nd September 2022

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Comparing forex trading platforms

Pepperstone forex

On Pepperstone's website

74-89 % of retail investor accounts lose money when trading CFDs

Commission

Standard account is commission-free

Minimum Deposit

$200.00

Minimum Trade

$200

Trading Platform

cTrader, MT4, MT5

Highlights

  • Razor sharp pricing from multiple Tier 1 banks with consistently competitive spreads.
  • Offers up to 30:1 leverage, which you can reduce at any time.
  • Get all of your FX trades filled in full, with no partial execution or requotes on market orders.
AvaTrade forex

On AvaTrade's website

AvaTrade forex

Commission

The average EURUSD benchmark fee is $10.7

Minimum Deposit

$100.00

Minimum Trade

0.01 Lot

Trading Platform

AvaTradeGO, MT4, MT5

Highlights

  • Offers low, competitive spreads across all asset classes.
  • One of the most highly regulated online brokers in the market.
  • Get access to multiple forex trading platforms such as MT4 and MT5 to Web Trader, AvaTradeGO and AvaOptions.
Saxo Markets forex

On Saxo Markets' website

Saxo Markets forex

Commission

$0

Minimum Deposit

$3,000.00

Minimum Trade

$1000

Trading Platform

SaxoTraderGO

Highlights

  • Access 200 Forex spot pairs and 135 forwards across majors, minors and exotics, crypto, plus spot metals, from only 0.4 pips.
  • Tier-1 liquidity gives higher fill-rates, fewer premature stop-outs and significant price improvements.
  • Benefit from integrated Trade Signals, news feeds and innovative risk-management features.
IG forex

IG forex

Commission

From $10 per $1 million

Minimum Deposit

$450.00

Minimum Trade

0.01 Lot

Trading Platform

L2 Dealer, Mobiles apps, Terminals and APIs, Web

Highlights

  • Access over 80 major, minor and exotic forex pairs.
  • Get clear and fast charts with IG's ProRealTime tool.
  • Get 24x7 expert support (except 7 AM to 1 PM on Saturdays).
Plus500 forex

Plus500 forex

Commission

$0

Minimum Deposit

$200.00

Minimum Trade

Varies depending on the instrument

Trading Platform

Web Trader

Highlights

  • Trade 60+ forex pairs with leverage.
  • Get FREE real-time forex quotes and set indicators to easily analyse charts.
  • Practice trading with Plus500's FREE unlimited demo account until you're ready to move to the next level.
IC Markets forex

IC Markets forex

Commission

$0

Minimum Deposit

$200.00

Minimum Trade

0.01 Lot

Trading Platform

cTrader, MT4, MT5

Highlights

  • Access to over 61 currency pairs.
  • Tight spreads from 0.0 pips.
  • Up to 1:30 leverage.
Vantage forex

Vantage forex

Commission

Starts at $1

Minimum Deposit

$50.00

Minimum Trade

0.01 Lot

Trading Platform

MT4

Highlights

  • Access to 40 + forex pairs.
  • Trade with spreads from 0.0 pips with our Vantage RAW account.
  • 9 Ways to connect to MetaTrader 4.
Go Markets forex

Go Markets forex

Commission

$0 for Standard Account

Minimum Deposit

$200.00

Minimum Trade

0.01 Lot

Trading Platform

MT4, MT5, Web Trader

Highlights

  • Trade 50+ currency pairs.
  • GO Markets offers variable spreads on a wide range of markets from as low as 0.0 pips on GO Plus accounts.
  • Go Markets' commission-free standard account gives you access to micro, mini and standard FX contract sizes
ThinkMarkets forex

ThinkMarkets forex

Commission

$3.5 per side (100,000)

Minimum Deposit

$500.00

Minimum Trade

0.01 Lot

Trading Platform

MT4, MT5

Highlights

  • Razor-thin spreads starting from 0 with a ThinkZero account
  • All client funds are held in accounts segregated from the firm’s own funds, with daily reconciliation.
  • Leaders in mobile trading with ThinkTrader platform.
Blueberry Markets forex

Blueberry Markets forex

Commission

$0

Minimum Deposit

$100.00

Minimum Trade

0.01 Lot

Trading Platform

MT4, MT5, Web Trader

Highlights

  • Enjoy razor sharp spreads that are as low as 0.0 pips.
  • Quick and seamless withdrawals directly into your bank account.
  • The best forex rates: now and every time.

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