# FXMARE

> FXMARE is a financial-markets hub for traders and investors: forex, crypto, indices, commodities, stock and ETF market pages, an economic calendar, market news and analysis, independent broker reviews and rankings (including 50 individual broker profiles and sourced broker safety checks), sentiment data, 8 free trading calculators, a community forum and a trading journal. Base URL: https://www.fxmare.com

## About

- FXMARE (fxmare.com) is an independent financial-markets hub for forex and CFD traders, covering live market data, news, analysis, broker reviews, free calculators and a trading journal.
- FXMARE covers eight asset and content areas: Forex (currencies), Crypto, Indices, Commodities, Stocks, ETFs, News, and the Economic Calendar.
- Every instrument page shows the price, daily change, day range (high/low) and a price trend, with links to related markets, news and brokers.
- All 59 instrument pages also carry an FAQ answering what the instrument is, what moves it and when it trades. Those answers are deliberately evergreen - they contain no prices or levels - so they stay accurate between updates.
- The 8 calculator pages and all 17 broker comparison pages carry long-form explanatory sections, not just the tool or the table: the calculators show the formula, a fully worked example and the common mistakes; the comparison pages cover the subject matter (execution, cost structure, leverage mechanics, swap-free terms) rather than repeating a generic broker checklist.
- 50 individual broker profiles are reviewed and ranked; a separate, smaller set of broker safety checks covers brokers that are NOT in the ranked comparison, reporting what regulator registers and review platforms actually say (including what could not be verified) rather than a ranking.
- Broker rankings and reviews are editorial opinion scored against a published methodology; figures such as spreads, deposits and leverage are indicative and vary by broker entity and jurisdiction.
- Which legal ENTITY of a broker onboards a client is what actually determines their leverage cap, negative balance protection, compensation scheme and dispute route - not the brand. Broker pages name the entity and licence, and link to the regulator's own public register rather than to a third-party licence-lookup site.
- The /brokers comparison page publishes each broker's regulators, minimum deposit, EUR/USD spread, commission, maximum leverage, platforms and instruments as machine-readable schema.org structured data (FinancialService entities inside an ItemList), so the comparison can be read without scraping the table.
- The same broker, broker-safety, learn, analysis, authors and economic-calendar data that back these pages are also available as JSON — see "Machine-readable data" below.
- Content is for informational purposes only and does not constitute financial, investment or trading advice.

## Markets

- [Markets overview](https://www.fxmare.com/markets): cross-asset snapshot of forex, crypto, indices, commodities and stocks.
- [Forex / Currencies](https://www.fxmare.com/currencies): major and cross currency pairs including EUR/USD, GBP/USD and USD/JPY.
- [Crypto](https://www.fxmare.com/crypto): Bitcoin, Ethereum, Solana, XRP and other major cryptocurrencies.
- [Indices](https://www.fxmare.com/indices): S&P 500, Nasdaq 100, Dow Jones, FTSE 100, DAX and Nikkei 225.
- [Commodities](https://www.fxmare.com/commodities): Gold, Silver, WTI and Brent crude oil, natural gas and copper.
- [Stocks](https://www.fxmare.com/stocks): large-cap US equities such as AAPL, MSFT, NVDA, TSLA and AMZN.
- [ETFs](https://www.fxmare.com/etfs): the most actively traded exchange-traded funds including SPY, QQQ, VOO and VTI.

## Research & News

- [Market news](https://www.fxmare.com/news): forex, crypto, commodities, equities and macroeconomic headlines.
- [News archive](https://www.fxmare.com/news/archive/1): the full back catalogue of published briefs, paginated 50 per page, oldest to newest. Every article names the wire sources it was synthesized from, linked at the foot of the piece.
- [Economic calendar](https://www.fxmare.com/economic-calendar): scheduled high-, medium- and low-impact economic events with forecasts and prior readings.
- [Analysis](https://www.fxmare.com/analysis): technical and fundamental market analysis articles.
- [Sentiment](https://www.fxmare.com/sentiment): a transparent bullish/bearish market bias computed from daily range position and momentum (price-action derived, not retail positioning).

## Tools & Calculators

- [Trading tools hub](https://www.fxmare.com/tools): a single index of every free FXMARE tool — calculators, market data, research, the trading journal, watchlists and broker comparisons.
- [Trading calculators](https://www.fxmare.com/calculators): free risk, trade, technical, growth and conversion tools.
- [Pip Value Calculator](https://www.fxmare.com/calculators/pip-value): Value of one pip — forex, metals and index points — Work out exactly what a single pip is worth for any lot size before you place the trade — for forex pairs, gold and silver, or per index point using your broker's contract size.
- [Forex Position Size Calculator](https://www.fxmare.com/calculators/position-size): Lot size from a fixed % account risk — Turn an account balance, a risk percentage and a stop-loss distance into the exact lot size to trade — the cornerstone of disciplined money management.
- [Forex Margin Calculator](https://www.fxmare.com/calculators/margin): Required margin for any leverage — See how much margin a position ties up at your broker's leverage, so you always know your free margin before opening a trade.
- [Forex Profit & Loss Calculator](https://www.fxmare.com/calculators/profit-loss): P&L in pips and account currency — Project the profit or loss on a trade from entry to exit, in both pips and your account currency, for longs and shorts.
- [Pivot Points Calculator](https://www.fxmare.com/calculators/pivot-points): Classic, Woodie, Camarilla & Fibonacci levels — Generate intraday support and resistance from the previous session's high, low and close using the four most-used pivot methods.
- [Fibonacci Calculator](https://www.fxmare.com/calculators/fibonacci): Retracement & extension levels — Plot the key Fibonacci retracement and extension levels of any swing to map likely reaction zones for entries and targets.
- [Compounding Calculator](https://www.fxmare.com/calculators/compounding): Project account growth over time — Model how a trading account compounds at a target monthly return, with and without regular deposits, over any horizon.
- [Currency Converter](https://www.fxmare.com/calculators/currency-converter): Convert between major currencies — Convert any amount between the major currencies at live mid-market rates, with the inverse rate shown alongside.
- [Currency converter](https://www.fxmare.com/calculators/currency-converter): convert between major currencies at mid-market rates.
- [Trading journal](https://www.fxmare.com/journal): a free forex/CFD trading journal — CSV import, R-multiple, expectancy, profit factor, MAE/MFE and a P&L calendar; a free alternative to Myfxbook, TradeZella and Tradervue.
- [FXMARE Android app](https://www.fxmare.com/download): download the free FXMARE Android app — live markets, economic calendar, news, price alerts and a trading journal, no ads, no paywall.

## Learn (education guides)

- [Learn hub](https://www.fxmare.com/learn): 29 plain-English forex education guides covering pips, lots, leverage, margin, spreads, risk, brokers, charts and psychology, written by the FXMARE editorial desk.
- [What Is a Pip in Forex?](https://www.fxmare.com/learn/what-is-a-pip-in-forex): What is a pip in forex? Learn what a pip means, how to calculate pip value and profit or loss, and why pips matter for sizing risk on every trade.
- [How to Calculate Position Size / Lot Size in Forex](https://www.fxmare.com/learn/how-to-calculate-position-size): Learn how to calculate position size and lot size in forex using your risk %, stop-loss distance and pip value. Step-by-step formula with worked examples.
- [What Is Leverage and Margin in Forex?](https://www.fxmare.com/learn/what-is-leverage-and-margin-in-forex): Learn what leverage and margin are in forex, how the formulas work, how they amplify gains and losses, and how margin calls and stop-outs happen.
- [How to Choose a Forex Broker](https://www.fxmare.com/learn/how-to-choose-a-forex-broker): Learn how to choose a forex broker the right way: regulation, real costs, execution, platforms, and the safety checks every beginner should make first.
- [How to Read an Economic Calendar: A Beginner's Guide](https://www.fxmare.com/learn/how-to-read-an-economic-calendar): Learn how to read an economic calendar: impact ratings, forecast vs previous vs actual, time zones, and how data releases move forex markets.
- [What Are Forex Spreads? A Beginner's Guide to the Bid-Ask Cost](https://www.fxmare.com/learn/what-are-forex-spreads): What are forex spreads? Learn how the bid-ask spread works, how it's measured in pips, what drives it, and how it affects your real trading costs.
- [MT4 vs MT5: MetaTrader 4 vs 5 Explained](https://www.fxmare.com/learn/mt4-vs-mt5): MT4 vs MT5 explained for beginners: how MetaTrader 4 and 5 differ in markets, timeframes, order types, coding and which platform may suit you.
- [Forex Risk Management and the 1% Rule](https://www.fxmare.com/learn/forex-risk-management-1-percent-rule): Learn forex risk management and the 1% rule: how to cap risk per trade, size positions correctly, and protect your account from large losses.
- [What Is Copy Trading in Forex?](https://www.fxmare.com/learn/what-is-copy-trading): What is copy trading in forex? Learn how mirroring another trader's positions works, the real risks, costs and how to start sensibly as a beginner.
- [What Moves the EUR/USD Exchange Rate](https://www.fxmare.com/learn/what-moves-the-eur-usd): A beginner's guide to what moves the EUR/USD exchange rate: interest rates, inflation, growth, risk sentiment and the data releases that drive the pair.
- [Forex Trading for Beginners](https://www.fxmare.com/learn/forex-trading-for-beginners): Forex trading for beginners explained: how currency pairs, pips, lots, leverage and risk work, plus the steps to start carefully and avoid common mistakes.
- [How to Read a Forex Chart (Candlesticks)](https://www.fxmare.com/learn/how-to-read-a-forex-chart): How to read a forex chart and candlesticks: what each candle shows, plus timeframes, support and resistance, trend and volume, with beginner examples.
- [Support and Resistance in Trading Explained](https://www.fxmare.com/learn/support-and-resistance-explained): Support and resistance explained for beginners: what these levels are, how to draw them, why they break or hold, and how to use them while managing risk.
- [What Is a Lot in Forex? Lot Sizes Explained](https://www.fxmare.com/learn/what-is-a-lot-in-forex): What is a lot in forex? Learn standard, mini, micro and nano lot sizes, how many units each holds, what a pip is worth, and how lots set your risk.
- [Going Long vs Short in Forex](https://www.fxmare.com/learn/long-vs-short-in-forex): Going long vs short in forex explained simply: what buy and sell mean, how each side profits, the spread you pay, and why you can short any pair.
- [Types of Forex Orders (Market, Limit, Stop)](https://www.fxmare.com/learn/types-of-forex-orders): A clear beginner's guide to the main types of forex orders — market, limit and stop — plus stop-loss, take-profit and how to place each one correctly.
- [Risk-Reward Ratio in Trading Explained](https://www.fxmare.com/learn/risk-reward-ratio-explained): What is a risk-reward ratio in trading? Learn how to calculate R:R, how it links to win rate and expectancy, and how to use it to size and judge trades.
- [Stop-Loss and Take-Profit Explained](https://www.fxmare.com/learn/stop-loss-and-take-profit): Stop-loss and take-profit explained: what each order does, how to place them in pips, set a risk-reward ratio and size positions so a loss stays capped.
- [Forex Market Hours: Is the Market Open Right Now?](https://www.fxmare.com/learn/forex-market-hours-and-sessions): Exact forex session hours for Sydney, Tokyo, London and New York in UTC plus 8 time zones — the weekly open/close, overlaps, and how DST shifts them.
- [Fundamental vs Technical Analysis in Forex](https://www.fxmare.com/learn/fundamental-vs-technical-analysis): Fundamental vs technical analysis for forex traders: what each method studies, their strengths and limits, and how to combine the two in practice.
- [What Is Swap / Rollover in Forex?](https://www.fxmare.com/learn/what-is-swap-rollover-in-forex): What is swap / rollover in forex? Learn how overnight interest works, why positions are credited or charged, triple swap, and how to check and reduce it.
- [Trading Psychology for Beginners](https://www.fxmare.com/learn/trading-psychology-for-beginners): Trading psychology for beginners: understand fear, greed, FOMO and revenge trading, and the simple habits that keep emotion from wrecking your account.
- [How to Calculate Pip Value for Gold (XAU/USD)](https://www.fxmare.com/learn/how-to-calculate-pip-value-for-gold): How to calculate the pip value for gold (XAU/USD): what a pip on gold is, the formula, worked examples by lot size, and how it drives your position size.
- [How to Start Forex Trading With $100](https://www.fxmare.com/learn/how-to-start-forex-with-100-dollars): Can you start forex with $100? Yes - here is the realistic, risk-first way: choosing a broker, micro lots, position sizing, and honest expectations.
- [XAU/USD Market Hours: When Gold Opens, Closes and Moves Most](https://www.fxmare.com/learn/best-time-to-trade-gold): Gold (XAU/USD) trading hours: exact GMT, ET, SAST, MYT, WAT and GST times, the daily break, the weekend gap, and gold's busiest hours.
- [How to Trade Non-Farm Payrolls (NFP)](https://www.fxmare.com/learn/how-to-trade-non-farm-payrolls): How to trade the NFP report: what non-farm payrolls is, why it moves forex and gold, the release time, practical approaches and the big risks to manage.
- [How to Check if a Forex Broker Is Regulated](https://www.fxmare.com/learn/how-to-check-if-a-forex-broker-is-regulated): A practical 5-step check to verify any forex broker before you deposit: find the real legal entity, look it up on the regulator's own register, and search the warning lists.
- [Islamic (Swap-Free) Forex Accounts: How They Work and What They Really Cost](https://www.fxmare.com/learn/islamic-swap-free-forex-accounts): What a swap-free (Islamic) forex account actually removes, what riba means, and the real admin fees, grace periods and eligibility rules brokers attach.
- [Forex Market Hours in Malaysia (MYT): Open, Close & Best Sessions to Trade](https://www.fxmare.com/learn/forex-market-hours-malaysia): Forex market hours in Malaysia time (MYT): the Monday open and Friday close, all four sessions in MYT, the London-New York overlap, gold hours and how US/UK daylight saving shifts them.

## Brokers

- [Broker reviews](https://www.fxmare.com/brokers): compare all 50 regulated forex and CFD brokers by spreads, regulation, minimum deposit and rating. Every individual profile is listed in "Broker profiles" below.
- [Broker safety checks](https://www.fxmare.com/broker-safety): sourced, verifiable safety checks on brokers outside the ranked comparison — see "Broker safety checks" below.
- [Broker review methodology](https://www.fxmare.com/broker-review-methodology): how brokers are scored and ranked.
- All 17 best-broker comparison pages are listed in "Best broker comparisons" below.

## Broker profiles

Every ranked, individually reviewed broker (50 total), with a one-line summary and the regulators our data records for it. Full reviews, verified licence numbers, pros/cons, costs and platform detail live on each page.

- [FP Markets](https://www.fxmare.com/brokers/fp-markets): A well-regulated, Sydney-founded multi-asset broker with some of the lowest raw ECN spreads in the industry and a 10,000+ instrument lineup across MT4, MT5, cTrader, and Iress. Regulated by: ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius).
- [Pepperstone](https://www.fxmare.com/brokers/pepperstone): Pepperstone is an ASIC/FCA-regulated Australian broker offering institutional-grade raw spreads, broad platform choice, and deep liquidity for retail forex and CFD traders. Regulated by: ASIC (Australia), FCA (UK), CySEC (Cyprus), BaFin (Germany), DFSA (UAE/DIFC), SCA (UAE), CMA (Kenya), SCB (Bahamas).
- [CMC Markets](https://www.fxmare.com/brokers/cmc-markets): CMC Markets is a London-listed, FCA-regulated veteran founded in 1989, offering 12,000+ CFDs on an award-winning proprietary platform alongside MT4/MT5 and TradingView, with competitive raw spreads via its FX Active account. Regulated by: FCA (UK), ASIC (Australia), MAS (Singapore), CIRO (Canada), FMA (New Zealand), DFSA (Dubai / DIFC).
- [IC Markets](https://www.fxmare.com/brokers/ic-markets): IC Markets is a Sydney-founded ECN/STP broker renowned for ultra-tight raw spreads and deep liquidity across MT4, MT5, and cTrader. Regulated by: ASIC (Australia), CySEC (Cyprus / EU), FSA (Seychelles), SCB (Bahamas).
- [IG](https://www.fxmare.com/brokers/ig): The world's largest CFD provider by revenue — a 50-year-old, FTSE 100-listed institution with unrivalled instrument range, six trading platforms, and top-tier global regulation. Regulated by: FCA (UK), BaFin + Deutsche Bundesbank (Germany/EU), ASIC (Australia), FMA (New Zealand), MAS (Singapore), DFSA (Dubai), FINMA (Switzerland), BMA (Bermuda), CFTC + NFA + FINRA (United States — tastyfx entity), JFSA (Japan).
- [FOREX.com](https://www.fxmare.com/brokers/forex-com): A veteran, StoneX-backed forex and CFD broker with one of the most extensive regulatory footprints in retail trading, offering MT4/MT5, TradingView, and a proprietary platform across ~5,500 instruments. Regulated by: CFTC (USA), NFA (USA), FCA (UK) — via StoneX Financial Ltd, ASIC (Australia) — via StoneX Financial Pty Ltd, CIRO (Canada), CySEC (Cyprus / EU), SFC (Hong Kong), JFSA (Japan), MAS (Singapore), SCA / CMA (UAE — obtained August 2025).
- [Interactive Brokers](https://www.fxmare.com/brokers/interactive-brokers): The go-to broker for sophisticated traders and investors who want institutional-quality access to global markets at genuinely low, transparent cost. Regulated by: SEC (USA), FINRA (USA), CFTC (USA), NFA (USA), FCA (UK), ASIC (Australia), CBI (Ireland), MAS (Singapore), SFC (Hong Kong), CIRO (Canada), SEBI (India), JFSA (Japan).
- [XTB](https://www.fxmare.com/brokers/xtb): A publicly listed, multi-regulated Polish broker offering zero-commission CFDs and real stock investing via its award-winning xStation 5 platform. Regulated by: FCA (UK), CySEC (Cyprus), KNF (Poland), CNMV (Spain), BaFin (Germany), DFSA (UAE), IFSC (Belize).
- [Tickmill](https://www.fxmare.com/brokers/tickmill): Tickmill is an FCA- and CySEC-regulated multi-asset broker known for institutional-grade Raw account pricing at retail-accessible minimums. Regulated by: FCA (UK), CySEC (Cyprus), FSCA (South Africa), DFSA (UAE — representative office only), FSA (Seychelles).
- [Dukascopy](https://www.fxmare.com/brokers/dukascopy): A uniquely structured Swiss bank and securities dealer offering true ECN forex via its own SWFX marketplace, proprietary JForex platform, and FINMA-grade client-fund protection. Regulated by: FINMA (Switzerland) — bank and securities dealer, Bank of Latvia (Latvia) — via Dukascopy Europe IBS AS, JFSA (Japan) — Type-1 licence via Dukascopy Japan K.K..
- [GO Markets](https://www.fxmare.com/brokers/go-markets): GO Markets is one of Australia's oldest MT4 brokers — now offering five platforms, tier-1 ASIC and CySEC regulation, and a sharp GO Plus+ raw spread account at $5 round-turn commission. Regulated by: ASIC (Australia), CySEC (Cyprus), FSC (Mauritius), FSA (Seychelles).
- [Eightcap](https://www.fxmare.com/brokers/eightcap): A well-regulated Australian-origin CFD broker offering genuinely competitive Raw spreads, four platform options including TradingView, and broad crypto coverage — with thin research as the main trade-off. Regulated by: ASIC (Australia), FCA (UK), CySEC (Cyprus/EU), SCB (Bahamas), FSA (Seychelles), FSC (Mauritius).
- [Saxo Bank](https://www.fxmare.com/brokers/saxo-bank): A Danish-licensed investment bank with SIFI status, 70,000+ instruments, and 8 tier-1 regulators — best-in-class for compliance and range, but Classic-tier forex spreads are uncompetitive and there is no MT4/5. Regulated by: Danish FSA / Finanstilsynet (Denmark), FCA (UK), MAS (Singapore), ASIC (Australia), FINMA (Switzerland), JFSA (Japan), CONSOB (Italy), AMF (France).
- [City Index](https://www.fxmare.com/brokers/city-index): City Index is a London-founded, StoneX-backed CFD and spread betting broker with 40+ years of history, tier-1 regulation across five jurisdictions, and access to 13,500+ markets. Regulated by: FCA (UK), ASIC (Australia), CySEC (Cyprus/EU), MAS (Singapore), CIRO (Canada).
- [AvaTrade](https://www.fxmare.com/brokers/avatrade): A heavily regulated, dealing-desk broker founded in 2006 with a broad platform suite and strong education — but no raw spreads and punishing inactivity fees. Regulated by: CBI — Central Bank of Ireland (EU/Ireland), CySEC (Cyprus), ASIC (Australia), JFSA — Financial Services Agency (Japan), FSCA (South Africa), ADGM — Abu Dhabi Global Market (UAE), ISA — Israel Securities Authority (Israel), BVI FSC — British Virgin Islands Financial Services Commission (offshore), KNF — Polish Financial Supervision Authority (Poland).
- [ThinkMarkets](https://www.fxmare.com/brokers/thinkmarkets): A well-regulated multi-asset broker founded in 2010, offering ECN-style pricing via ThinkZero and an award-winning proprietary platform alongside MT4/MT5. Regulated by: FCA (UK), ASIC (Australia), CySEC (Cyprus), JFSA (Japan), FSCA (South Africa), FSA (Seychelles).
- [Capital.com](https://www.fxmare.com/brokers/capital-com): A well-regulated, beginner-friendly CFD broker with a polished proprietary platform, $20 minimum deposit, and zero commissions — but no raw spreads and limited Islamic account access. Regulated by: FCA (UK), CySEC (Cyprus), ASIC (Australia), SCB (Bahamas), CMA (UAE), FSA (Seychelles), FSCA (South Africa).
- [Spreadex](https://www.fxmare.com/brokers/spreadex): A veteran UK-only spread betting and CFD broker with 25+ years under direct FCA authorisation, competitive major forex spreads, and unrivalled small-cap stock coverage — but no MetaTrader, no demo, and no swap-free accounts. Regulated by: FCA (UK), Gambling Commission (UK — sports/fixed-odds only).
- [Admirals (Admiral Markets)](https://www.fxmare.com/brokers/admirals-admiral-markets): A 25-year-old multi-asset broker combining competitive forex spreads, MT5 Supreme Edition tools, and genuine stock/ETF investing under FCA and CySEC oversight. Regulated by: FCA (UK), CySEC (Cyprus) — via Admirals Europe Ltd, FSCA (South Africa), JSC (Jordan), CMA (Kenya), FSA (Seychelles).
- [Swissquote](https://www.fxmare.com/brokers/swissquote): A publicly listed Swiss bank offering forex, CFDs, and 3M+ investment products under nine tier-1 licences — trust and breadth over cost. Regulated by: FINMA (Switzerland), FCA (United Kingdom), CSSF / ECB (Luxembourg), CySEC (Cyprus), DFSA (UAE), SFC (Hong Kong), MAS (Singapore), MFSA (Malta), FSCA (South Africa).
- [Fusion Markets](https://www.fxmare.com/brokers/fusion-markets): Australian low-cost ECN broker with near-zero raw spreads and $4.50 round-turn commissions across MT4, MT5, cTrader, and TradingView — outstanding value for active forex traders, but international clients get thin regulatory cover. Regulated by: ASIC (Australia), VFSC (Vanuatu), FSA (Seychelles).
- [FxPro](https://www.fxmare.com/brokers/fxpro): FxPro is a well-regulated, multi-entity broker with a strong platform lineup and broad instrument coverage, though its standard-account costs sit above the low-spread competition. Regulated by: FCA (UK) — FxPro UK Limited, FRN 509956, CySEC (Cyprus) — FxPro Financial Services Ltd, licence 078/07, FSCA (South Africa) — FxPro Financial Services Ltd, FSP 45052, SCB (Bahamas) — FxPro Global Markets Limited, SIA-F184, FSA (Seychelles) — Invemonde Trading Ltd, SD120.
- [ActivTrades](https://www.fxmare.com/brokers/activtrades): A long-established FCA-regulated broker with no minimum deposit, four integrated platforms including TradingView, and industry-leading client fund insurance — but no raw spreads and no copy trading. Regulated by: FCA (UK), CMVM (Portugal), SCB (Bahamas), FSC (Mauritius), BCB/CVM (Brazil).
- [Trade Nation](https://www.fxmare.com/brokers/trade-nation): FCA- and ASIC-regulated broker built on fixed spreads and zero commissions, suited to cost-conscious retail traders who want pricing certainty over raw-spread flexibility. Regulated by: FCA (UK), ASIC (Australia), FSCA (South Africa), SCB (Bahamas), FSA (Seychelles).
- [OANDA](https://www.fxmare.com/brokers/oanda): One of the most trusted and longest-running retail forex brokers, regulated in 8 jurisdictions with no minimum deposit, but standard-account spreads run wider than specialist raw-spread competitors. Regulated by: CFTC (US), NFA (US), FCA (UK), ASIC (Australia), MAS (Singapore), CIRO (Canada), JFSA (Japan), KNF/PFSA (Poland, via OANDA TMS Brokers), FSC (British Virgin Islands).
- [Vantage](https://www.fxmare.com/brokers/vantage): Established in 2009 with dual ASIC/FCA licences, Vantage offers raw ECN spreads from 0.0 pips, 1,000+ CFDs, and a broad platform suite including TradingView integration. Regulated by: ASIC (Australia), FCA (UK), CIMA (Cayman Islands), FSCA (South Africa), VFSC (Vanuatu).
- [Darwinex](https://www.fxmare.com/brokers/darwinex): FCA/CNMV-regulated broker that turns traders into investable assets through its proprietary DARWIN exchange and DarwinIA capital-allocation programme. Regulated by: FCA (UK), CNMV (Spain), FSA (Seychelles).
- [Trading 212](https://www.fxmare.com/brokers/trading-212): FCA-regulated fintech broker best known for commission-free UK ISA investing and a polished mobile app, with CFD trading available but at above-average spreads. Regulated by: FCA (UK), CySEC (Cyprus), BaFin (Germany), ASIC (Australia), FSC (Bulgaria).
- [Axi](https://www.fxmare.com/brokers/axi): Axi (formerly AxiTrader) is a Sydney-based multi-regulated forex and CFD broker offering commission-free standard and raw-spread pro accounts with no minimum deposit, backed by ASIC, FCA, and CySEC oversight. Regulated by: ASIC (Australia), FCA (UK), CySEC (Cyprus), DFSA (UAE-DIFC), FMA (New Zealand), SVGFSA (St Vincent & Grenadines, offshore).
- [XM (XM Group)](https://www.fxmare.com/brokers/xm): XM is a globally recognised multi-regulated broker founded in 2009, best known for its $5 minimum deposit, industry-leading educational content, and 1,400+ instruments across MT4/MT5 and a proprietary TradingView-powered web platform. Regulated by: CySEC (Cyprus), ASIC (Australia), FCA (UK), DFSA (UAE / Dubai), FSCA (South Africa), FSA (Seychelles), FSC (Belize), FSC (Mauritius), CMA (Kenya).
- [HFM (HF Markets / HotForex)](https://www.fxmare.com/brokers/hfm-hf-markets): A well-regulated, multi-entity broker (est. 2010) offering competitive raw spreads and wide instrument access via MetaTrader, suited to intermediate traders across multiple regions. Regulated by: FCA (UK), CySEC (Cyprus), DFSA (UAE/DIFC), FSCA (South Africa), FSA (Seychelles), CMA (Kenya).
- [Global Prime](https://www.fxmare.com/brokers/global-prime): A Sydney-based ECN broker with genuine ASIC oversight, zero minimum deposit, and raw spreads from 0.0 pips — a solid low-cost choice for active forex traders outside the US. Regulated by: ASIC (Australia), VFSC (Vanuatu), FSA (Seychelles).
- [Hantec Markets](https://www.fxmare.com/brokers/hantec-markets): A UK-founded, multi-regulated broker with competitive raw spreads and a wide instrument range, hampered by a strict anti-scalping policy and the practical loss of FCA retail onboarding. Regulated by: FCA (UK) — FRN 502635; retail clients no longer onboarded via FCA entity, ASIC (Australia) — AFSL 326907, FSC (Mauritius) — licence C114013940, FSA (Seychelles) — licence SD164, VFSC (Vanuatu) — licence 40318, JSC (Jordan).
- [Markets.com](https://www.fxmare.com/brokers/markets-com): Multi-regulated CFD broker (est. 2008, backed by Finalto/Gopher Investments) offering 2,200+ instruments with a clean proprietary platform and no forex commission. Regulated by: CySEC (Cyprus), FCA (UK), ASIC (Australia), FSCA (South Africa), BVI FSC (British Virgin Islands).
- [ATFX](https://www.fxmare.com/brokers/atfx): Award-winning global CFD broker with genuine tier-1 regulation (FCA, ASIC, CySEC), MT4/MT5 platforms, and strong education — but standard account spreads are above-average and low-cost access requires a $10,000 deposit. Regulated by: FCA (UK), CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), CMA (UAE), SFC (Hong Kong), FSC (Mauritius), FSA (Seychelles), SERC (Cambodia).
- [Plus500](https://www.fxmare.com/brokers/plus500): A publicly listed, multi-regulated CFD broker with a clean proprietary platform — best for simplicity, worst for active traders who need MT4/MT5 or tight raw spreads. Regulated by: FCA (UK), CySEC (Cyprus), ASIC (Australia), MAS (Singapore), DFSA (Dubai/UAE), FSCA (South Africa), FSA (Seychelles), CIRO (Canada), SCA (UAE), FMA (New Zealand), FINRA/NFA (USA, via Cunningham Commodities), FSA Japan.
- [Moneta Markets](https://www.fxmare.com/brokers/moneta-markets): Multi-regulated CFD broker (FCA, FSCA, ASIC) with competitive ECN pricing, 1,050+ instruments, and a $50 entry point — though best spreads sit behind a $20,000 gate. Regulated by: FCA (UK) — FRN 613381 via Moneta Markets Capital Ltd (formerly VIBHS Financial Ltd; Moneta ownership FCA-approved August 2025), FSCA (South Africa) — FSP 47490 via Moneta Markets (Pty) Ltd, ASIC (Australia) — Moneta Markets Pty Ltd is CAR 001298177 of AGC Capital Securities Pty Ltd (AFSL 481024), FSC (Mauritius) — Licence GB24203391 via Moneta Markets Trading Ltd, FSA (Seychelles) — Licence SD144 (offshore/low-tier).
- [eToro](https://www.fxmare.com/brokers/etoro): eToro is the world's largest social trading network, best known for CopyTrader, offering real stocks, ETFs, crypto, and CFDs under multiple tier-1 licences — but its spreads and proprietary-only platform put serious forex traders at a disadvantage. Regulated by: FCA (UK) — eToro (UK) Ltd, FRN 583263, CySEC (Cyprus) — eToro (Europe) Ltd, Licence 109/10, ASIC (Australia) — eToro AUS Capital Limited, AFSL 491139, MAS (Singapore) — eToro Singapore Pte. Ltd, CMS101824, ADGM FSRA (Abu Dhabi, UAE) — eToro (ME) Limited, Permission 220073, SEC (USA) — eToro USA Securities Inc, #8-70212; FINRA CRD #298361, FSAS (Seychelles) — eToro (Seychelles) Ltd, SD076, GFSC (Gibraltar) — eToroX Limited, 1333B.
- [Libertex](https://www.fxmare.com/brokers/libertex): CySEC-regulated CFD and stock broker with a zero-spread, commission-only pricing model and a proprietary platform alongside MT4/MT5 — serving EEA clients since the Libertex brand launched in 2012. Regulated by: CySEC (Cyprus), BaFin cross-border notification (Germany).
- [Exness](https://www.fxmare.com/brokers/exness): Exness is a high-volume, ultra-competitive-cost broker built around tight spreads and instant withdrawals, with a caveat: its tier-1 regulated EU/UK entities are B2B-only, so most retail traders operate under offshore licences. Regulated by: FCA (UK) — B2B/institutional only, no retail onboarding, CySEC (Cyprus) — B2B/institutional only, no retail onboarding, FSCA (South Africa), FSA (Seychelles), BVI FSC (British Virgin Islands), CMA (Kenya), JSC (Jordan), CBCS (Curaçao), FSC (Mauritius).
- [FXCM](https://www.fxmare.com/brokers/fxcm): FXCM is a veteran forex broker (est. 1999) regulated by FCA, ASIC, and CySEC, offering its own Trading Station platform alongside MT4, with competitive Active Trader pricing but a chequered US regulatory history. Regulated by: FCA (UK), ASIC (Australia), CySEC (Cyprus/EU), FSCA (South Africa), ISA (Israel).
- [BlackBull Markets](https://www.fxmare.com/brokers/blackbull-markets): New Zealand-founded ECN broker with genuine raw spreads from 0.0 pips, five trading platforms, and a rare real-stock trading arm — but UK/EU clients should look elsewhere. Regulated by: FMA (New Zealand), FSA (Seychelles).
- [easyMarkets](https://www.fxmare.com/brokers/easymarkets): A veteran broker (est. 2001) with genuine tier-1 regulation and patented trade-risk features, let down by above-average spreads on standard accounts. Regulated by: CySEC (Cyprus), ASIC (Australia), FSA (Seychelles), FSC (British Virgin Islands), FSCA (South Africa).
- [NAGA](https://www.fxmare.com/brokers/naga): NAGA is a CySEC-regulated, Frankfurt-listed German fintech broker best known for its social copy-trading platform, broad asset range, and tiered VIP account structure. Regulated by: CySEC (Cyprus), FSA (Seychelles), ADGM/FSRA (Abu Dhabi, UAE).
- [Tradeview Markets](https://www.fxmare.com/brokers/tradeview-markets): A veteran ECN broker (est. 2004) with an unusually wide platform roster and true raw-spread access — but most global clients operate under offshore CIMA regulation, with reputational cautions from a 2017 CNMV warning and serious 2025 complaint patterns. Regulated by: CIMA — Cayman Islands Monetary Authority (Cayman Islands), MFSA — Malta Financial Services Authority (Malta / EU), Labuan FSA — Labuan Financial Services Authority (Malaysia), FSC — Mauritius Financial Services Commission (Mauritius), SCA — Securities and Commodities Authority (UAE).
- [FBS](https://www.fxmare.com/brokers/fbs): FBS is a high-volume retail broker founded in 2009, notable for its $5 minimum deposit, 1:3,000 offshore leverage, and CySEC/ASIC regulation — but global clients land on its weaker Belize entity. Regulated by: FSC (Belize), CySEC (Cyprus), ASIC (Australia), FSCA (South Africa).
- [RoboForex](https://www.fxmare.com/brokers/roboforex): A Belize-regulated offshore broker since 2009 offering ultra-low entry costs, raw ECN pricing, and 12,000+ instruments — but with only FSC offshore oversight and no tier-1 regulatory protection. Regulated by: FSC (Belize), Financial Commission (international dispute resolution body, A-category member — not a state regulator).
- [FXTM (ForexTime)](https://www.fxmare.com/brokers/fxtm-forextime): FXTM is a veteran ECN broker with tight raw spreads and wide EM market reach, but its regulatory standing has weakened materially since 2023 as it exited CySEC and is winding down its FCA UK entity. Regulated by: FSC (Mauritius) — primary offshore entity, FSCA (South Africa) — FSP 50320, CMA (Kenya) — Exinity Capital East Africa Ltd, FCA (UK) — Exinity UK Ltd, FRN 777911 (licence surrender announced; UK entity being wound down as of 2025).
- [Equiti](https://www.fxmare.com/brokers/equiti): Multi-entity broker with genuine FCA and CySEC licenses, strong Middle East roots, and a competitive Islamic account — but mixed withdrawal reputation and standard spreads that lag ECN-focused rivals. Regulated by: FCA (UK), CySEC (Cyprus), FSA (Seychelles), SCA (UAE), JSC (Jordan), CMA (Kenya), Central Bank of Armenia.
- [Octa (formerly OctaFX)](https://www.fxmare.com/brokers/octa-octafx): Commission-free, universally swap-free broker with CySEC coverage and a $25 entry point, but carrying severe reputational and governance risks following a 2025 Ponzi-scheme enforcement action and the arrest of its controlling shareholder. Regulated by: CySEC (Cyprus), FSCA (South Africa) — via Orinoco Capital (Pty) Ltd, MISA (Mwali/Comoros) — via Octa Markets Ltd, FSC (Mauritius) — via Uni Fin Invest.

## Broker safety checks

Sourced assessments of brokers that are NOT in the ranked comparison above — what a regulator's own register and warning list say, what traders report on review platforms (attributed and dated), and what we tried to verify and could not. These pages carry no ranking and no recommendation.

- [Broker safety checks hub](https://www.fxmare.com/broker-safety): index of all safety-checked brokers.
- [Exclusive Markets](https://www.fxmare.com/broker-safety/exclusive-markets): Is Exclusive Markets regulated and safe? We checked the Seychelles FSA register, the CONSOB and Malaysian SC warning lists, the Client Agreement and Trustpilot. Every finding sourced and dated.

## Best broker comparisons

- [Best forex brokers](https://www.fxmare.com/best-forex-brokers): editorial ranking of the best all-round forex brokers, scored on regulation, costs, platforms and instruments.
- [Best MT5 brokers](https://www.fxmare.com/best-mt5-brokers): brokers compared on their MetaTrader 5 offering.
- [Best brokers for beginners](https://www.fxmare.com/best-brokers-for-beginners): beginner-friendly brokers with low minimum deposits and strong education.
- [Best brokers for scalping](https://www.fxmare.com/best-brokers-for-scalping): brokers suited to scalping, compared on spreads, commissions and execution.
- [Best brokers for gold trading](https://www.fxmare.com/best-brokers-for-gold-trading): brokers compared for trading gold (XAU/USD).
- [Best high-leverage forex brokers](https://www.fxmare.com/best-high-leverage-forex-brokers): brokers offering higher leverage, with the associated risks explained.
- [Best low-spread forex brokers](https://www.fxmare.com/best-low-spread-forex-brokers): brokers compared on indicative spreads and total trading costs.
- [Best swap-free (Islamic) forex brokers](https://www.fxmare.com/best-swap-free-forex-brokers): swap-free/Islamic accounts compared on real admin fees, grace periods and country/platform eligibility — swap-free rarely means fee-free.
- [Best copy trading brokers](https://www.fxmare.com/best-copy-trading-brokers): brokers offering copy and social trading platforms.
- [Best forex brokers in Canada](https://www.fxmare.com/best-forex-brokers-canada): brokers compared for traders based in Canada.
- [Best forex brokers in the UAE](https://www.fxmare.com/best-forex-brokers-uae): brokers compared for traders based in the United Arab Emirates.
- [Best forex brokers in Afghanistan](https://www.fxmare.com/best-forex-brokers-afghanistan): brokers compared for traders based in Afghanistan.
- [Best forex brokers in Nigeria](https://www.fxmare.com/best-forex-brokers-nigeria): brokers compared for Nigerian traders — naira funding options and internationally regulated picks, since Nigeria has no dedicated local retail-forex regulator.
- [Best forex brokers in South Africa](https://www.fxmare.com/best-forex-brokers-south-africa): FSCA-regulated brokers compared for South African traders, including ZAR funding.
- [Best forex brokers in Kenya](https://www.fxmare.com/best-forex-brokers-kenya): CMA-licensed brokers compared for Kenyan traders, including M-Pesa funding.
- [Best forex brokers in Pakistan](https://www.fxmare.com/best-forex-brokers-pakistan): internationally regulated brokers compared for Pakistani traders, with the local legal position and swap-free (Islamic) accounts explained.
- [Best forex brokers in the Philippines](https://www.fxmare.com/best-forex-brokers-philippines): internationally regulated brokers compared for Filipino traders, with the local legal position explained.

## Community

- [Forum](https://www.fxmare.com/forum): community discussion boards covering forex, ICT/SMC concepts, crypto, commodities, indices and stocks, trading journals and brokers.

## Trust & Policies

- [About FXMARE](https://www.fxmare.com/about): who runs the site and what it covers.
- [Authors](https://www.fxmare.com/authors): the editorial team behind FXMARE content.
- [Editorial policy](https://www.fxmare.com/editorial-policy): how content is produced, reviewed and kept independent.
- [Broker review methodology](https://www.fxmare.com/broker-review-methodology): how brokers are scored and ranked.
- [How we make money](https://www.fxmare.com/how-we-make-money): the site's business model and how it is kept separate from editorial.
- [Media kit](https://www.fxmare.com/media-kit): who we are, our audience, ad formats and sponsored placements, and how to reach the partnerships team.
- [Affiliate disclosure](https://www.fxmare.com/affiliate-disclosure): how affiliate links are used and labelled.
- [Advertising disclosure](https://www.fxmare.com/advertising-disclosure): how advertising and sponsored placements are handled.
- [Sponsored content policy](https://www.fxmare.com/sponsored-content-policy): rules for labelled sponsored content.
- [Corrections policy](https://www.fxmare.com/corrections-policy): how errors are corrected and disclosed.
- [Risk disclosure](https://www.fxmare.com/risk-disclosure): the risks of trading leveraged forex, CFDs and other instruments.
- [Contact](https://www.fxmare.com/contact): how to reach the FXMARE team.

## Machine-readable data

Public, read-only, CDN-cached JSON of the same underlying data behind the pages above — no API key required.

- [Brokers JSON](https://www.fxmare.com/api/content/brokers): all 50 broker profiles (regulators, spreads, leverage, ratings, pros/cons) as JSON.
- [Learn guides JSON](https://www.fxmare.com/api/content/learn): all 29 learn/education guides as JSON.
- [Analysis JSON](https://www.fxmare.com/api/content/analysis): published technical/fundamental analysis pieces as JSON.
- [Authors JSON](https://www.fxmare.com/api/content/authors): the editorial author/desk roster as JSON.
- [Economic calendar JSON](https://www.fxmare.com/api/content/calendar): economic calendar event explainers as JSON.
- [News JSON](https://www.fxmare.com/api/content/news): the most recently published news articles as JSON.

## Notes

- The public trading-journal overview at https://www.fxmare.com/journal is indexable; logged-in journal workspace routes and auth pages are private/user-specific and are not intended for indexing.
- AI and answer-engine crawlers (including GPTBot, ChatGPT-User, OAI-SearchBot, ClaudeBot, anthropic-ai, PerplexityBot, Google-Extended and Bingbot) are permitted; only /api/, /go/ and /cdn-cgi/ are disallowed in robots.txt.
- Sitemap: https://www.fxmare.com/sitemap.xml
- Content is for informational purposes only and does not constitute financial, investment or trading advice.
- Editorial standards: rankings and reviews are editorial opinion scored against a published methodology and kept independent of commercial relationships; affiliate links are labelled. See /editorial-policy and /broker-review-methodology.
- This file is generated at request time from the site's live content data (not hand-maintained), so counts and URLs above should never go stale. Generated: 2026-09-07.