Broker matcher · 4 questions · no email
Answer one question. Watch the shortlist move.
fxbout.com is a tool, not a listicle. Start the matcher on the right, then check its answer against the full 31-broker matrix, a head-to-head where every attribute has a winner, and a calculator that prices the spread you would actually pay.
- 31regulated brokers tracked across 131 licences (61 of them Tier-1)
- 28head-to-head matchups, each scored over five computed rounds
- 14comparison columns in the matrix — spread, deposit, leverage, terminals, tiers
- 4questions between you and a named match, weighted on public facts
1of 4
How much are you starting with?
No email, no sign-up. Use the arrow keys or press 1–4. Each answer re-weights all 31 brokers.
Your shortlist right now
Nothing weighted yet
Pick an answer and these three rows change order in front of you — no page reload, no email gate.
4 questions in total — about 60 seconds, then a named broker.
Every broker, every column, one screen
All brokers →The matrix
Every broker, every column, one screen
Fourteen columns of checkable facts. The best value in each numeric column is highlighted, the broker column stays pinned while you scroll sideways, and nothing here is paid placement — order is Tier-1 licence count first, tightest spread as the tiebreak.
| Broker | Value score | EUR/USD | Min. deposit | Tier-1 | Licences | Max leverage | Founded | Years live | HQ | Regulators | Platforms | Terminals | Account tiers | Cost / 10 lots | Go |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1IG Group | 88 | 0.60 pips | None | 7× T1 | 7 | 1:30 (UK/EU retail) | 1974 | 52 | London, UK | FCA, FCA, BaFin, FINMA, ASIC, MAS, NFA/CFTC · last checked Sep 2026 | 5 | Proprietary web platform, MT4, ProRealTime, L2 Dealer, Mobile apps | CFD, Spread betting, Share dealing, Professional | $60 | Visit → |
| 2IUX (IUX Markets)Featured partner | 47 | 0.90 pips | $200 | 1× T1 | 4 | up to 1:3000 (offshore entities; Raw and Pro accounts) | 2016 | 10 | Ebene Cybercity, Mauritius | ASIC, FSCA, FSC Mauritius, FSA Saint Vincent and the Grenadines (company registration, not investment licence), Mwali International Services Authority (MISA), Comoros · last checked Sep 2026 | 3 | MT5, IUX web platform, IUX mobile app | Standard, Pro, Raw, Cent | $90 | Visit → |
| 3Eightcap | 80 | 0.10 pips | $100 | 2× T1 | 7 | 1:30 retail under ASIC/FCA/CySEC; up to 1:500 under offshore entities | 2009 | 17 | Melbourne, Australia | ASIC, FCA, CySEC, SCB Bahamas, FSA Seychelles, FSC Mauritius, Capital Market Authority (UAE) · last checked Sep 2026 | 3 | MT4, MT5, TradingView | Standard, Raw | $10 | Visit → |
| 4Saxo Bank | 80 | 0.90 pips | None | 6× T1 | 6 | 1:30 (UK/EU retail) | 1992 | 34 | Hellerup (Copenhagen), Denmark | Danish FSA (Finanstilsynet), FCA, FINMA, MAS, FSA Japan, ASIC · last checked Sep 2026 | 4 | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, Mobile apps | Classic, Platinum, VIP | $90 | Visit → |
| 5Pepperstone | 79 | 0.60 pips | None | 3× T1 | 7 | 1:30 (retail, EU/UK) | 2010 | 16 | Melbourne, Australia | FCA, ASIC, CySEC, BaFin, DFSA, CMA, SCB · last checked Sep 2026 | 4 | MT4, MT5, cTrader, TradingView | Standard, Razor | $60 | Visit → |
| 6CMC Markets | 78 | 0.50 pips | None | 3× T1 | 3 | 1:30 (UK/EU retail) | 1989 | 37 | London, UK | FCA, FCA, ASIC · last checked Sep 2026 | 4 | Next Generation (proprietary web), MT4, TradingView (selected regions), Mobile apps | CFD, Spread betting, Corporate, Professional | $50 | Visit → |
| 7OANDA | 78 | 1.00 pips | None | 5× T1 | 5 | 1:50 (US) / 1:30 (UK retail) | 1996 | 30 | New York, USA | FCA, CFTC/NFA, ASIC, IIROC, MAS · last checked Sep 2026 | 4 | MT4, MT5, OANDA Trade, TradingView | Standard, Core, Swap-free | $100 | Visit → |
| 8FOREX.com | 75 | 1.00 pips | $100 | 4× T1 | 5 | 1:50 (US) / 1:30 (UK retail) | 2001 | 25 | New Jersey, USA (StoneX) | CFTC/NFA, FCA, ASIC, CIRO, CIMA · last checked Sep 2026 | 4 | MT4, MT5, TradingView, Web Trader | Standard, Commission, STP Pro | $100 | Visit → |
| 9Tickmill | 72 | 0.10 pips | $100 | 1× T1 | 5 | 1:30 for retail clients under FCA/CySEC; higher under the Seychelles entity | 2014 | 12 | London, United Kingdom | FCA, CySEC, FSCA, DFSA, FSA Seychelles · last checked Sep 2026 | 4 | MT4, MT5, TradingView, Tickmill Trader | Classic, Raw, TradingView Raw, Demo | $10 | Visit → |
| 10City Index | 72 | 0.50 pips | $100 | 2× T1 | 2 | 1:30 (UK retail) | 1983 | 43 | London, UK | FCA, ASIC · last checked Sep 2026 | 5 | City Index Web Trader, MT4, TradingView, AT Pro, Mobile apps | CFD, Spread betting, Professional | $50 | Visit → |
| 11Capital.com | 69 | 0.60 pips | $20 | 2× T1 | 6 | 1:30 (UK/EU retail) | 2016 | 10 | London, UK | FCA, CySEC, CySEC, ASIC, SCA (UAE), SCB (Bahamas) · last checked Sep 2026 | 4 | Capital.com proprietary web platform, MT4 (selected entities), TradingView, Mobile apps | Retail CFD, Spread betting (UK), Professional | $60 | Visit → |
| 12Axi | 69 | 0.70 pips | None | 2× T1 | 5 | 1:30 retail under FCA/ASIC; higher under international entities | 2007 | 19 | Sydney, Australia | ASIC, FCA, DFSA, FMA New Zealand, FSA Saint Vincent and the Grenadines (company registration) · last checked Sep 2026 | 4 | MT4, MT5, Axi app, TradingView | Standard, Pro, Elite | $70 | Visit → |
| 13ATFX | 69 | 0.80 pips | $100 | 3× T1 | 7 | 1:30 retail under FCA/ASIC/CySEC; higher under offshore entities | 2017 | 9 | London, United Kingdom | FCA, ASIC, SFC Hong Kong, CySEC, FSCA, FSC Mauritius, FSA Seychelles · last checked Sep 2026 | 3 | MT4, MT5, ATFX app | Standard, Edge, ATFX Connect (institutional) | $80 | Visit → |
| 14Plus500 | 68 | 0.60 pips | $100 | 2× T1 | 5 | 1:30 (retail) | 2008 | 18 | Haifa, Israel | FCA, CySEC, ASIC, FMA, FSCA · last checked Sep 2026 | 2 | Plus500 WebTrader, Plus500 App | Retail, Professional | $60 | Visit → |
| 15AvaTrade | 68 | 0.90 pips | $100 | 2× T1 | 5 | 1:30 (retail) / up to 1:400 (offshore) | 2006 | 20 | Dublin, Ireland | Central Bank of Ireland, ASIC, FSCA, FSA, ADGM · last checked Sep 2026 | 4 | MT4, MT5, AvaTradeGO, WebTrader | Retail, Professional | $90 | Visit → |
| 16ActivTrades | 66 | 0.50 pips | None | 1× T1 | 3 | 1:30 (UK/EU retail) | 2001 | 25 | London, UK | FCA, CSSF, SCB (Securities Commission of The Bahamas) · last checked Sep 2026 | 5 | ActivTrader (proprietary), MT4, MT5, TradingView, Mobile apps | Individual, Professional, Corporate, Demo | $50 | Visit → |
| 17Admirals (Admiral Markets) | 65 | 0.50 pips | $100 | 1× T1 | 2 | 1:30 (UK/EU retail) | 2001 | 25 | Tallinn, Estonia | FCA, CySEC, Estonian Financial Supervision Authority (EFSA) · last checked Sep 2026 | 5 | MT4, MT5, MetaTrader WebTrader, Admirals proprietary platform, Mobile app | Trade.MT5, Zero.MT5, Trade.MT4, Zero.MT4, Invest.MT5, Demo | $50 | Visit → |
| 18XTB | 62 | 0.50 pips | None | 1× T1 | 3 | 1:30 (UK/EU retail) | 2002 | 24 | Warsaw, Poland | KNF, FCA, CySEC · last checked Sep 2026 | 2 | xStation 5 (proprietary web/desktop), xStation Mobile | Standard, Professional | $50 | Visit → |
| 19Exness | 58 | 0.70 pips | $10 | 1× T1 | 4 | up to 1:2000 (offshore) | 2008 | 18 | Limassol, Cyprus | FCA, CySEC, FSCA, FSA · last checked Sep 2026 | 3 | MT4, MT5, Exness Terminal | Standard, Raw Spread, Zero, Pro | $70 | Visit → |
| 20FXCM | 58 | 1.30 pips | $50 | 2× T1 | 4 | 1:30 (UK/EU retail) | 1999 | 27 | London, UK | FCA, CySEC, ASIC, None (unregulated offshore entity) · last checked Sep 2026 | 5 | Trading Station, MT4, TradingView, Capitalise.ai, Mobile apps | Standard, Active Trader, Professional | $130 | Visit → |
| 21FxPro | 57 | 0.90 pips | $100 | 1× T1 | 4 | 1:30 (retail) / up to 1:500 (offshore) | 2006 | 20 | London, UK | FCA, CySEC, FSCA, SCB · last checked Sep 2026 | 4 | MT4, MT5, cTrader, FxPro Edge | Standard, Raw+, Elite | $90 | Visit → |
| 22IC Markets | 56 | 0.62 pips | $200 | 1× T1 | 3 | 1:30 (retail) / 1:500 (offshore) | 2007 | 19 | Sydney, Australia | ASIC, CySEC, FSA · last checked Sep 2026 | 3 | MT4, MT5, cTrader | Standard, Raw Spread | $62 | Visit → |
| 23eToro | 54 | 1.00 pips | $50 | 2× T1 | 3 | 1:30 (retail) | 2007 | 19 | Tel Aviv, Israel | FCA, CySEC, ASIC · last checked Sep 2026 | 2 | eToro Platform, eToro App | Retail, Professional | $100 | Visit → |
| 24XS.com | 54 | 1.10 pips | None | 1× T1 | 7 | up to 1:2000 | 2010 | 16 | Eden Island, Seychelles | ASIC, CySEC, FSCA, UAE Securities and Commodities Authority (SCA), FSA Seychelles, Labuan FSA, FSC Mauritius · last checked Sep 2026 | 3 | MT4, MT5, XS mobile app | Standard, Cent, Micro, Pro, Elite, VIP, Classic, Extra, Plus, Copy Standard, Copy Pro, Demo | $110 | Visit → |
| 25XM | 53 | 0.80 pips | $5 | 1× T1 | 4 | 1:30 (retail) / up to 1:1000 (offshore) | 2009 | 17 | Limassol, Cyprus | CySEC, ASIC, DFSA, IFSC · last checked Sep 2026 | 2 | MT4, MT5 | Standard, Ultra Low, Zero | $80 | Visit → |
| 26Decode Global | 52 | 0.90 pips | $100 | 1× T1 | 3 | up to 1:2000 | 2004 | 22 | Port Vila, Vanuatu | ASIC, VFSC, FSC Mauritius · last checked Sep 2026 | 4 | MT4, MT5, DecodeFX App, DecodeFX Web | Standard, Pro, Cent | $90 | Visit → |
| 27Swissquote | 46 | 1.70 pips | $1,000 | 2× T1 | 2 | 1:30 (UK/EU retail); up to 1:100 (Swiss entity) | 1996 | 30 | Gland, Switzerland | FINMA, FCA · last checked Sep 2026 | 4 | MT4, MT5, CFXD/Advanced Trader, Swissquote web and mobile | Standard, Premium, Prime, Professional | $170 | Visit → |
| 28FBS | 45 | 0.70 pips | $5 | — | 2 | up to 1:3000 (Belize entity); 1:30 retail under CySEC | 2009 | 17 | Belize City, Belize | CySEC, FSC Belize · last checked Sep 2026 | 3 | MT4, MT5, FBS Trader app | Standard, Cent, Pro, Crypto | $70 | Visit → |
| 29BlackBull Markets | 45 | 0.80 pips | None | — | 2 | up to 1:500 | 2014 | 12 | Auckland, New Zealand | FMA New Zealand, FSA Seychelles · last checked Sep 2026 | 5 | MT4, MT5, cTrader, TradingView, BlackBull CopyTrader | ECN Standard, ECN Prime, Prime+, ECN Institutional | $80 | Visit → |
| 30TMGM | 44 | 1.00 pips | $100 | 1× T1 | 4 | 1:30 (ASIC retail) / up to 1:1000 advertised on offshore entities | 2013 | 13 | Sydney, Australia | ASIC, VFSC, FSA Seychelles, FSC Mauritius · last checked Sep 2026 | 3 | MT4, MT5, IRESS | Classic, Edge, IRESS | $100 | Visit → |
| 31Land Prime | 34 | 0.90 pips | $10 | — | 2 | up to 2000:1 | 2013 | 13 | Kingstown, St Vincent and the Grenadines | FSC Mauritius, None — St Vincent and the Grenadines IBC registration only (23627 IBC 2016) · last checked Sep 2026 | 2 | MT4, MT5 | Standard, ECN, Cent, Demo | $90 | Visit → |
Drag, swipe or arrow-key the table sideways to reach all 15 columns — the broker column stays pinned to the left edge. “Value score” is 40% verified trading-cost evidence, 35% active supervision, 15% operating record and 10% platform breadth. “Cost / 10 lots” remains the spread charge on ten standard-lot round turns at $10 per pip. Retail EU/UK leverage is capped at 1:30 regardless of a broker's offshore ceiling The default view also shows IUX at a separately disclosed featured position #2; that placement does not alter any score. Cost evidence 40% · active supervision 35% · operating record + platforms 25%
Head to head
Two brokers, five rounds, one scoreline
Each matchup splits the page down the middle and scores cost, trust, access, platforms and operating record. The winner of every round is computed from the data — the write-up only explains what the numbers mean.
Pepperstone
IC Markets
- 0.60pip EUR/USD0.62
- $0to open$200
- 3Tier-1 licences1
Pepperstone takes 4 of 5 rounds
Open matchup →XM
Exness
- 0.80pip EUR/USD0.70
- $5to open$10
- 1Tier-1 licences1
Exness takes 3 of 5 rounds
Open matchup →OANDA
FOREX.com
- 1.00pip EUR/USD1.00
- $0to open$100
- 5Tier-1 licences4
OANDA takes 3 of 5 rounds
Open matchup →FxPro
Pepperstone
- 0.90pip EUR/USD0.60
- $100to open$0
- 1Tier-1 licences3
Pepperstone takes 3 of 5 rounds
Open matchup →eToro
Plus500
- 1.00pip EUR/USD0.60
- $50to open$100
- 2Tier-1 licences2
eToro takes 2 of 5 rounds
Open matchup →IC Markets
XM
- 0.62pip EUR/USD0.80
- $200to open$5
- 1Tier-1 licences1
IC Markets takes 3 of 5 rounds
Open matchup →ActivTrades
CMC Markets
- 0.50pip EUR/USD0.50
- $0to open$0
- 1Tier-1 licences3
CMC Markets takes 2 of 5 rounds
Open matchup →Admirals (Admiral Markets)
City Index
- 0.50pip EUR/USD0.50
- $100to open$100
- 1Tier-1 licences2
City Index takes 2 of 5 rounds
Open matchup →ATFX
Saxo Bank
- 0.80pip EUR/USD0.90
- $100to open$0
- 3Tier-1 licences6
Saxo Bank takes 4 of 5 rounds
Open matchup →Axi
FBS
- 0.70pip EUR/USD0.70
- $0to open$5
- 2Tier-1 licences0
Axi takes 4 of 5 rounds
Open matchup →Capital.com
Axi
- 0.60pip EUR/USD0.70
- $20to open$0
- 2Tier-1 licences2
Axi takes 2 of 5 rounds
Open matchup →City Index
IG Group
- 0.50pip EUR/USD0.60
- $100to open$0
- 2Tier-1 licences7
IG Group takes 3 of 5 rounds
Open matchup →CMC Markets
XTB
- 0.50pip EUR/USD0.50
- $0to open$0
- 3Tier-1 licences1
CMC Markets takes 3 of 5 rounds
Open matchup →Eightcap
Tickmill
- 0.10pip EUR/USD0.10
- $100to open$100
- 2Tier-1 licences1
Eightcap takes 2 of 5 rounds
Open matchup →FBS
ATFX
- 0.70pip EUR/USD0.80
- $5to open$100
- 0Tier-1 licences3
FBS takes 3 of 5 rounds
Open matchup →IG Group
Capital.com
- 0.60pip EUR/USD0.60
- $0to open$20
- 7Tier-1 licences2
IG Group takes 4 of 5 rounds
Open matchup →IUX (IUX Markets)
Decode Global
- 0.90pip EUR/USD0.90
- $200to open$100
- 1Tier-1 licences1
Decode Global takes 3 of 5 rounds
Open matchup →IUX (IUX Markets)
FBS
- 0.90pip EUR/USD0.70
- $200to open$5
- 1Tier-1 licences0
FBS takes 3 of 5 rounds
Open matchup →IUX (IUX Markets)
Land Prime
- 0.90pip EUR/USD0.90
- $200to open$10
- 1Tier-1 licences0
Split 2–2 — decided by your priority
Open matchup →IUX (IUX Markets)
TMGM
- 0.90pip EUR/USD1.00
- $200to open$100
- 1Tier-1 licences1
TMGM takes 2 of 5 rounds
Open matchup →Tickmill
ActivTrades
- 0.10pip EUR/USD0.50
- $100to open$0
- 1Tier-1 licences1
ActivTrades takes 3 of 5 rounds
Open matchup →XTB
Admirals (Admiral Markets)
- 0.50pip EUR/USD0.50
- $0to open$100
- 1Tier-1 licences1
Admirals (Admiral Markets) takes 2 of 5 rounds
Open matchup →BlackBull Markets
Land Prime
- 0.80pip EUR/USD0.90
- $0to open$10
- 0Tier-1 licences0
BlackBull Markets takes 3 of 5 rounds
Open matchup →Decode Global
XS.com
- 0.90pip EUR/USD1.10
- $100to open$0
- 1Tier-1 licences1
Decode Global takes 3 of 5 rounds
Open matchup →FXCM
Swissquote
- 1.30pip EUR/USD1.70
- $50to open$1000
- 2Tier-1 licences2
FXCM takes 3 of 5 rounds
Open matchup →Land Prime
Decode Global
- 0.90pip EUR/USD0.90
- $10to open$100
- 0Tier-1 licences1
Decode Global takes 3 of 5 rounds
Open matchup →Saxo Bank
IUX (IUX Markets)
- 0.90pip EUR/USD0.90
- $0to open$200
- 6Tier-1 licences1
Saxo Bank takes 4 of 5 rounds
Open matchup →TMGM
FXCM
- 1.00pip EUR/USD1.30
- $100to open$50
- 1Tier-1 licences2
FXCM takes 4 of 5 rounds
Open matchup →Best for
Jump straight to your segment
The same 31 brokers, re-ranked for how you actually trade. Live shortlists carry a written case for each pick; the remaining segments are tracked in the matrix data.
Beginners3Scalping3Low deposit3High leverage12Copy tradingIslamic / swap-freeMT5 only1cTrader4US residents3$0 minimum10TradingView native12Raw-spread accounts11
Filled badges are live shortlists with a written case per pick; outlined badges count how many of the 31 tracked brokers qualify in the matrix data.
0.10pTightest EUR/USD — Eightcap (average 0.77p)
$0Lowest minimum deposit on the board
7×Most Tier-1 licences — IG Group
131Licences checked against public registers
Fee calculator
Price the spread before you commit
Move the sliders. Spread cost is priced at $10 per pip per standard lot round turn against each broker's real quoted EUR/USD figure, so the gap between first and last is money you either keep or hand over.
Trade size 1.00 lots100,000 units of EUR/USD per round turn
Frequency 22/mo
Horizon 12 months264 round turns in total
$264cheapest (Eightcap) — up to $1,320 at CMC Markets. Choosing badly costs $1,056 over 12 months.
Eightcap0.10p$264
Tickmill0.10p$264
ActivTrades0.50p$1,320
Admirals (Admiral Markets)0.50p$1,320
City Index0.50p$1,320
CMC Markets0.50p$1,320
Showing the six cheapest brokers at your settings. The full tool prices all 31 and explains where commission accounts change the answer.
Still weighing it up?
Four questions and 3 ready-made shortlists stand between you and a named broker.