Forex trading platforms

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

By   |   Verified by David Boyd   |   Updated 19 Jan 2024

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Comparing forex trading platforms

AvaTrade forex

On website

Featured

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.
Pepperstone forex

On website

80.9% 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.
Saxo Markets forex

On website

Saxo Markets forex

Commission

$0

Minimum Deposit

$0.00

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

On website

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).
Interactive Brokers forex

Commission

0.08 to 0.20 bps times trade size

Minimum Deposit

$100.00

Minimum Trade

0.01 Lot

Trading Platform

APIs, Client Portal, Desktop, GlobalTrader, IMPACT, Mobile, TWS

Highlights

  • Low commissions and tight spreads as narrow as 1/10 PIP.
  • Get real-time quotes from 17 of the world's largest FX dealers.
  • Trade 100+ currency pairs using professional FX trading tools.
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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