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Compare Forex Brokers & Bonuses 2026

By Tim Morris · Updated

Verified 2026-06-18 Tim Morris

Side-by-side broker comparisons using verified data from our Broker & Bonus Matrix. Every figure — regulation, spreads, bonuses, minimum deposits — is checked against live broker terms. No estimates, no third-party data.

Choosing between forex brokers is difficult when each one presents its own numbers differently. Our comparison tool standardizes the data so you can evaluate brokers on equal terms. Whether you are weighing no-deposit bonus offers, checking which broker has the tightest spreads, or confirming regulatory coverage in your country, start here. Select any two brokers from our database for an instant head-to-head breakdown, or browse the popular matchups below.

All Brokers at a Glance

Broker Regulation Min Deposit Platforms Bonuses Score Actions
Exness
CySEC FCA +9
$10 MT4, MT5, MetaTrader WebTerminal +3
Deposit Cashback Other
Review
XM
CySEC ASIC +4
$5 MT4, MT5, XM WebTrader
No Deposit Deposit Loyalty Referral Cashback
Review
AvaTrade
CBI ASIC Australia +7
$100 MT4, MT5, WebTrader +3
Deposit Referral
Review
FP Markets
ASIC CySEC +5
$100 MT4, MT5, cTrader
Referral Cashback Other
Review
HFM (HotForex)
FSCA FCA +4
$5 MT4, MT5, HFM App
No Deposit Deposit Welcome Cashback Loyalty Contest
Review
Tickmill
FSA Seychelles FCA UK +2
$100 MT4, MT5, TradingView +1
No Deposit Deposit Contest Other
Review
Vantage
ASIC FCA +3
$50 MT4, MT5, Vantage App +2
Deposit Welcome Loyalty Referral No Deposit Cashback
Review
FBS
CySEC FSC Belize +2
$5 MT4, MT5, FBS proprietary app
No Deposit Deposit Cashback
Review
JustMarkets
CySEC Seychelles FSA +2
$10 MT4, MT5
No Deposit Deposit Cashback Contest Other Referral
Review
Windsor Brokers
FSA Seychelles JSC Jordan +2
$1 MT4, MT5, Mobile App (iOS and Android)
No Deposit Deposit Loyalty
Review
OctaFX (Octa)
CySEC MISA
$25 MT4, MT5, OctaTrader
No Deposit Deposit Referral Contest Loyalty
Review
FXOpen
FCA CySEC +1
$1 MT4, MT5, TickTrader +1
No Deposit Cashback Other
Review
RoboForex
FSC Belize FinCom
$10 MT4, MT5, R StocksTrader +2
Welcome Deposit Cashback Loyalty
Review
FXGT
FSA Seychelles CySEC Cyprus +2
$5 MT4, MT5
No Deposit Welcome Deposit Loyalty Cashback Other
Review
LiteFinance
CySEC FSC Mauritius +1
$10 MT4, MT5, cTrader (ECN accounts only) +2
No Deposit Deposit Contest
Review
Traders Trust
FSA Seychelles CySEC +1
$50 MT4
No Deposit Deposit Cashback Referral
Review
InstaForex
BVI FSC
$1 MT4, MT5, InstaForex Mobile App (iOS/Android)
No Deposit Deposit Loyalty Contest
Review
FreshForex
SVGFSA
$10 MT4, MT5, MT5 WebTrader
No Deposit Deposit Cashback Other
Review

Featured: XM vs Exness

Two of the most popular brokers for bonus seekers — head-to-head on regulation, deposits, and bonus terms.

XM

VS

Exness

CySEC, ASIC
Regulation
CySEC, FCA
2009
Founded
2008
$5
Min Deposit
$10
MT4, MT5, XM WebTrader
Platforms
MT4, MT5, MetaTrader WebTerminal, Exness Terminal, Exness Trade App, MultiTerminal
2 active
Bonuses
Verifying

How We Compare Brokers

Our comparisons use the same standardized data set across every page on this site. Here is what we compare:

  • Regulation: License type and jurisdiction. Tier 1 regulators (FCA, ASIC, CySEC) provide the strongest investor protection. Offshore regulators (FSC, FSA) provide a framework but less recourse.
  • Trading conditions: Spreads, commissions, execution model (STP, ECN, market maker), and available instruments.
  • Bonus terms: Bonus type, amount, volume requirement, time limit, profit cap, and withdrawal lock — all from the Matrix.
  • Platform and tools: MT4, MT5, cTrader, or proprietary. Mobile support. Copy trading availability.
  • Minimum deposit: How much you need to start. Ranges from $1 to $200+ across brokers.
  • Vetting score: Our 1-10 composite score based on all factors above plus withdrawal reliability and operational history.

All data is from our Broker & Bonus Matrix. We never estimate figures or use unverified third-party data. Read our full review methodology.

Popular Comparisons

Frequently Asked Questions

How do your broker comparisons work?

Every data point in our comparisons comes from our Broker & Bonus Matrix — the same verified dataset used across the entire site. We compare regulation, minimum deposit, trading platforms, bonus offers, and our vetting score. No data is estimated or copied from third-party sites.

Can I compare any two brokers?

Yes. Our comparison tool supports any two brokers in our database. Select the brokers you want to compare from the dropdowns above, and we generate a detailed side-by-side analysis. For the most popular matchups, we have dedicated comparison articles with deeper analysis.

What is the most important factor when comparing brokers?

Regulation is the most important factor — it determines the level of investor protection you receive. After regulation, focus on the factors that matter most to your trading: spreads and commissions if you trade frequently, bonus terms if you want promotions, and minimum deposit if you are starting small.

How often is your comparison data updated?

We reverify every broker in our database on a rolling basis and update the Broker & Bonus Matrix whenever terms change. Each comparison page displays a Verified date stamp showing when the data was last confirmed. If a broker changes its bonus amount, minimum deposit, or regulatory status, we update our records before the next publish cycle — typically within a few business days.

Related Pages

Tim Morris
Tim Morris

Forex Trader, Broker & Bonus Analyst