Top Brokers for Retail Traders

Compare spreads, instruments, and regulations. Find a broker that fits your trading style.

Interactive Brokers

4.9

Multi-Asset

US (SEC/CFTC), UK (FCA), AU (ASIC)

Spread / Comm

0.1 pips

Min Deposit

TradeStation

4.5

Multi-Asset

US (SEC/FINRA/CFTC)

Spread / Comm

$0.50 / contract

Min Deposit

Tastytrade

4.6

Multi-Asset

US (SEC/FINRA)

Spread / Comm

$1.00 / contract

Min Deposit

Webull

4.4

Multi-Asset

US (SEC/FINRA)

Spread / Comm

Commission-Free

Min Deposit

NinjaTrader

4.8

Futures

US (CFTC)

Spread / Comm

$0.59 / contract

Min Deposit

$400

Tradovate

4.6

Futures

US (CFTC)

Spread / Comm

$0.79 / contract

Min Deposit

AMP Futures

4.5

Futures

US (CFTC/NFA)

Spread / Comm

$0.49 / contract

Min Deposit

$100

Optimus Futures

4.4

Futures

US (CFTC/NFA)

Spread / Comm

$0.55 / contract

Min Deposit

$500

Pepperstone

4.8

Forex / CFDs

UK (FCA), AU (ASIC), EU (CySEC), DE (BaFin)

Spread / Comm

0.0 pips

Min Deposit

IC Markets

4.7

Forex / CFDs

AU (ASIC), EU (CySEC)

Spread / Comm

0.0 pips

Min Deposit

$200

OANDA

4.5

Forex / CFDs

US (CFTC/NFA), UK (FCA), AU (ASIC)

Spread / Comm

1.0 pips

Min Deposit

Exness

4.6

Forex / CFDs

UK (FCA), EU (CySEC), ZA (FSCA)

Spread / Comm

0.0 pips

Min Deposit

XM

4.4

Forex / CFDs

EU (CySEC), AU (ASIC), FSC Belize

Spread / Comm

1.6 pips

Min Deposit

FXCM

4.3

Forex / CFDs

UK (FCA), AU (ASIC)

Spread / Comm

1.3 pips

Min Deposit

$50

FOREX.com

4.5

Forex / CFDs

US (CFTC/NFA), UK (FCA), AU (ASIC)

Spread / Comm

1.0 pips

Min Deposit

$100

Coinbase

4.5

Crypto

US (Various State)

Spread / Comm

0.5% - 1.5%

Min Deposit

Bybit

4.6

Crypto

Dubai (VARA)

Spread / Comm

0.1% maker/taker

Min Deposit

Broker FAQ

ECN vs Standard Account?

ECN accounts offer raw spreads (often 0.0) with a commission per trade, which is usually cheaper for scalpers. Standard accounts have no commission but wider spreads.

What is a regulated broker?

A regulated broker is overseen by financial authorities (like the FCA, ASIC, or CFTC) ensuring they segregate client funds and follow fair trading practices.