Forex Ranker
Brokers hub

Best for beginnerscategory shortlist

Beginner-friendly brokers with strong education, low minimum deposits, and intuitive platforms — aligned with our beginners leaderboard.

8 brokers rankedAvg score 88/100Avg rating 4.6

Featured leaderboard

Gold, silver, and bronze — top picks in this category right now.

How we rank →
1Gold pick
Pepperstone
PepperstoneFeatured

Regulators: ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (Dubai), BaFin (Germany), CMA (Kenya), SCB (Bahamas)

4.8/ 5

95/100

Min deposit

Minimum Deposit: $0 – $10 (varies by region, typically no minimum or $10 nominal)

Spreads

0.0 pips

View full review
2Silver pick
Exness
Exness

FSCA (South Africa), FSA (Seychelles), CBCS (Curaçao), FSC (BVI), FSC (Mauritius)

4.7/ 5

93/100

Min deposit

$10

Spreads

0.0 pips

View full review
3Bronze pick
XM
XM

ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), FSC (Belize)

4.5/ 5

92/100

Min deposit

$5

Spreads

0.6 pips

View full review

Ranks 4–8

Scan scores, spreads, and jump into full reviews.

  • 4IG
    IGTop tier

    FCA (UK), ASIC (Australia), CFTC/NFA (USA), MAS (Singapore), FINMA (Switzerland), JFSA (Japan), DFSA (Dubai), FMA (New Zealand)

    4.7Min $0 / £1 (bank transfer/card) Varies by regionSpr. 0.6 pips

    Score

    90/100

  • 5OANDA
    OANDATop tier

    CFTC/NFA (USA), FCA (UK), ASIC (Australia), MAS (Singapore), IIROC (Canada), CIRO (Canada), JFSA (Japan)

    4.6Min ($0 )No minimum in some regionsSpr. 0.0 pips

    Score

    89/100

  • 6FXTM

    FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius)

    4.4Min $10 (Micro Account) / $500 (Advantage Account)Spr. 0.0 pips

    Score

    84/100

  • 7XTB

    Highly trusted. Regulated by Tier-1 and Tier-2 authorities including the FCA (UK), CySEC (Cyprus), KNF (Poland), and the FSC (Belize) for international clients requiring higher leverage.

    4.1Min $0 (There is no minimum deposit required to open an account or start trading).Spr. Execution on xS…

    Score

    82/100

  • 8CMC Markets
    CMC MarketsTop tier

    FCA (UK), ASIC (Australia), BaFin (Germany), MAS (Singapore), IIROC (Canada), FMA (New Zealand), DFSA (Dubai)

    4.7Min $0 (Varies)Spr. 0.0 pips

    Score

    80/100