Independent · Data-driven · Europe
Best Forex Brokers 2026
Our top-rated broker for European traders is Interactive Brokers (9.4/10), followed by CMC Markets (9.2) and ActivTrades (9.1). Scores come from a public formula, never from commissions.
- brokers ranked
- 33
- regulators checked
- 30
- fully sourced
- 19
- last update
- 6 Nov 2026
- 1Interactive Brokers9.4CBI · FCA · SEC · ASIC
- 2CMC Markets9.2BaFin · FCA · ASIC · MAS
- 3ActivTrades9.1CMVM · FCA · SCB · FSC Mauritius
Full ranking
| # | Broker | Score | Regulators | EUR/USD all-in | Min. deposit | % losing | Compare |
|---|---|---|---|---|---|---|---|
| 1 | Interactive Brokers Trader Workstation · IBKR Desktop · IBKR Mobile | 9.4 | CBIFCASECASIC+5 | 0.50 pipsmin | 0 | 58.9% | |
| 2 | CMC Markets CMC Next Generation · CMC Trading App · MetaTrader 4 | 9.2 | BaFinFCAASICMAS+2 | 0.50 pipsmin | 0 | 70% | |
| 3 | ActivTrades ActivTrader · MetaTrader 4 · MetaTrader 5 | 9.1 | CMVMFCASCBFSC Mauritius+1 | 0.50 pipstarget | 0 | 73% | |
| 4 | Axi MetaTrader 4 · MetaTrader 5 · Axi Trading Platform | 8.9 | CySECFCAFSA SVGASIC+2 | 0.45 pipsmin | 5 | 69.2% | |
| 5 | Trade Nation TN Trader (web/mobile) · MetaTrader 4 · TradingView | 8.9 | CMVMFCAASICFSCA+2 | 0.50 pips | 5 | 75.8% | |
| 6 | IG IG web platform · IG Trading App · MetaTrader 4 | 8.8 | BaFinFCAASICMAS+3 | 1.04 pips | 0 | 74% | |
| 7 | Pepperstone Pepperstone platform · MetaTrader 4 · MetaTrader 5 | 8.7 | CySECFCABaFinASIC+4 | 0.80 pips | 10 | 74.1% | |
| 8 | Saxo SaxoTrader · SaxoInvestor · TradingView | 8.7 | Danish FSAFCAFINMAMAS+1 | 1.00 pipsmin | 0 | 66% | |
| 9 | Swissquote CFXD · MetaTrader 4 · MetaTrader 5 | 8.6 | CySECCSSFFCAFINMA+4 | 0.50 pipsmin | 1000 | 54.4% | |
| 10 | Capital.com Capital.com web platform · Capital.com mobile app · MetaTrader 4 | 8.5 | CySECFCAASICSCB+1 | 0.70 pips | 20 | 73% | |
| 11 | OANDA OANDA TMS Trade · MetaTrader 5 · TradingView | 8.3 | KNFFCANFACIRO+4 | 1.15 pips | 25 | 77% | |
| 12 | Spreadex Spreadex web platform · Spreadex app (iOS/Android) · TradingView | 8.2 | FCA | 0.60 pipsmin | 5 | 64% | |
| 13 | Tickmill MetaTrader 4 · MetaTrader 5 · TradingView | 8.1 | CySECFCADFSAFSCA+1 | 0.70 pips | 100 | 74% | |
| 14 | XTB xStation 5 (web/desktop) · XTB mobile app | 8.1 | KNFCySECFCADFSA+1 | 1.20 pipstarget | 0 | 79% | |
| 15 | IC Markets MetaTrader 4 · MetaTrader 5 · cTrader | 8.0 | CySECASICFSA SeychellesCMA | 0.76 pips | 200 | 73.46% | |
| 16 | NAGA NAGA web platform · NAGA mobile app (iOS and Android) · MetaTrader 5 | 7.6 | CySECFSA SeychellesFSRAFSCA | 0.60 pipsmin | 50 | 75.04% | |
| 17 | FP Markets MetaTrader 4 · MetaTrader 5 · cTrader | 7.4 | CySEC | 0.76 pips | 0 | 74.51% | |
| 18 | Libertex Libertex (web and mobile app) · MetaTrader 4 · MetaTrader 5 | 7.0 | CySEC | 0.60 pips | 100 | 84% | |
| 19 | Markets.com Markets.com WebTrader · Markets.com mobile app · MetaTrader 4 | 6.9 | CySECFSCA | 1.00 pipsmin | 200 | 81.9% | |
| 20 | 8.6 | FCA | 0.20 pipsmin | 50 | 72.65% | ||
| 21 | 7.6 | CySECFCAASICMAS+1 | 1.10 pips | — | 55% | ||
| 22 | 7.2 | CySEC | 0.70 pips | — | 76% | ||
| 23 | 7.2 | Bank of Italy | 1.00 pipsmin | — | 65.44% | ||
| 24 | 7.2 | CySECFCASCB | — | — | — | ||
| 25 | 7.1 | CBI | — | — | — | ||
| 26 | 7.0 | CySECFCAEFSAASIC | — | — | — | ||
| 27 | 6.9 | CySECBaFinCBIFCA+1 | — | — | 77% | ||
| 28 | City Indexdraft | 5.2 | CySEC | — | — | — | |
| 29 | Eightcapdraft | 5.2 | CySECSCBFSA SeychellesFSC Mauritius | — | — | — | |
| 30 | HFM (HF Markets)draft | 5.2 | CySEC | — | — | — | |
| 31 | Skillingdraft | 5.2 | CySEC | — | — | — | |
| 32 | ThinkMarketsdraft | 5.2 | CySEC | — | — | — | |
| 33 | XMdraft | 5.2 | CySEC | — | — | — |
Why trust these rankings
Every fact has a source
Licences checked on regulator registers, fees from brokers' own legal documents. Each broker page lists its sources and the date we checked them.
Scores come from a formula
Six weighted pillars, published in full. Commissions can't buy a position, and unverified brokers always rank last.
Honest about costs
We label whether a spread is an average, a minimum or a marketing target, and show the share of each broker's clients who lose money.
Best brokers for…
- Beginners
#1 Interactive Brokers
- Lowest costs
#1 Axi
- Low deposit
#1 Interactive Brokers
- MetaTrader 4
#1 CMC Markets
- MetaTrader 5
#1 CMC Markets
- TradingView
#1 CMC Markets
- cTrader
#1 Pepperstone
- Copy trading
#1 Axi
Rankings by country
- France
Top: Interactive Brokers
- Germany
Top: Interactive Brokers
- Ireland
Top: Interactive Brokers
- Italy
Top: Interactive Brokers
- Netherlands
Top: Interactive Brokers
- Poland
Top: Interactive Brokers
- Spain
Top: Interactive Brokers
- Switzerland
Top: Interactive Brokers
- United Kingdom
Top: Interactive Brokers
Outside Europe
- Australia
Top: Interactive Brokers
- Brazil
—
- Canada
Top: Interactive Brokers
- India
—
- Kenya
Top: Pepperstone
- Malaysia
—
- Nigeria
—
- Singapore
Top: Interactive Brokers
- South Africa
Top: Trade Nation
- United States
Top: OANDA
Frequently asked questions
What is the best forex broker in 2026?
For European traders, Interactive Brokers has the highest TradingForex Score (9.4/10), followed by CMC Markets (9.2) and ActivTrades (9.1). The right broker depends on your country, budget and platform, so use the filters or the country rankings.
How does TradingForex rank forex brokers?
Each broker gets a score out of 10 from six weighted pillars: trust and regulation (35%), trading costs (25%), platforms (15%), accessibility (10%), support (10%) and education (5%). The formula is public and commissions never change a score.
Is forex trading safe in Europe?
Forex and CFD trading is high risk and most retail accounts lose money. EU and UK rules cap leverage at 30:1 on major pairs and guarantee negative balance protection, and investor compensation schemes protect deposits if a broker fails, but nothing protects you from trading losses.