- Show all
- Highest score
- Lowest score
- Review category
- All categories
- Uncategorized
- CFD Brokers
- Commodity Brokers
- Crypto Brokers
- Forex Brokers
- Options Brokers
- Stock Brokers
Capital.com is a regulated CFD broker offering access to 6,100+ markets, including forex, stocks, indices, commodities, and cryptocurrencies. Known for its user-friendly platform, it integrates with MetaTrader 4 (MT4) and TradingView. The broker provides robust educational resources, AI-powered insights, and 24/7 multilingual support. It features competitive spreads, zero commissions, and negative balance protection for retail clients. Regulated by FCA, ASIC, CySEC, and FSA, Capital.com is a reliable choice for traders of all levels.
★★★★★
More details +
Trust & Regulatory Status
9
Tradable Instruments
9
Fees
8
Account Types
8
Platform and Tools
9
Deposit and Withdrawal
9
Customer Support
8
Research and Education
7
Mobile Trading
8
Security
9
PROS:
- Wide Range of Markets: Access to 6,100+ CFDs across stocks, indices, forex, commodities, and cryptocurrencies.
- Strong Regulation: Authorized by FCA (UK), ASIC (Australia), CySEC (Cyprus), and FSA (Seychelles).
- Innovative Platform: User-friendly proprietary trading platform with seamless web and mobile experience.
- Educational Resources: Extensive learning materials via the Investmate app and on-platform guides.
- No Hidden Fees: Competitive spreads with no commission on trades and transparent pricing.
- AI-Powered Insights: Advanced AI analytics for trading decisions.
- MT4 and TradingView Integration: Offers flexibility for technical traders.
CONS:
- CFD-Only Trading: No access to physical stocks or long-term investment products.
- No U.S. Clients: Services are unavailable to traders in the United States.
- Limited MetaTrader Offering: Only supports MT4, not MT5.
- Overnight Fees: Charges apply for positions held overnight.
- Withdrawal Limits: Minimum withdrawal amounts apply, depending on the method used.
6.2/10
iBroker Review – Regulated Spanish Broker with Multi-Asset Trading
Robert J. Williams
April 22, 2025
CFD Brokers, Crypto Brokers, Forex Brokers, Options Brokers, Stock Brokers
iBroker, founded in 2010 and headquartered in Madrid, Spain, is a CNMV-regulated broker offering forex, futures, options, CFDs, and cryptocurrencies. Known for its proprietary trading platform and mobile-first approach, iBroker provides Direct Market Access (DMA) for futures and ensures negative balance protection for retail clients. With a strong focus on the European market, iBroker combines regulatory safety, flexible trading conditions, and real-time analysis tools, making it a solid choice for both novice and professional traders.
★★★★★
More details +
Trust & Regulatory Status
6.2
Tradable Instruments
6.7
Fees
5.8
Account Types
5
Platform and Tools
7
Deposit and Withdrawal
5
Customer Support
7.4
Research and Education
5.8
Mobile Trading
6.1
Security
6
PROS:
- iBroker is fully authorized and regulated by the Comisión Nacional del Mercado de Valores (CNMV), ensuring compliance with European financial standards.
- The broker offers custom-built web and mobile trading platforms, designed for ease of use and flexibility across devices.
- Availability of DMA for futures and select instruments ensures transparent pricing and execution quality.
- iBroker’s mobile app is intuitive and feature-rich, supporting real-time charts, technical indicators, and efficient trade management on-the-go.
- Traders can access a broad range of assets, including forex, futures, options, CFDs, stocks, indices, commodities, and cryptocurrencies.
CONS:
- While strong in Spain and parts of Europe, iBroker’s geographic coverage is relatively narrow, limiting services outside these regions.
- Compared to larger global brokers, iBroker provides fewer educational tools and research materials for beginner traders.
- Customer support is primarily available during European business hours, which may be less convenient for traders in other time zones.
- iBroker does not offer popular third-party platforms like MetaTrader 4 or 5, which could deter traders familiar with those environments.
FBS is a global online forex broker that provides financial trading services, offering low spreads starting from 0.7 pips and leverage up to 1:3000. The platform facilitates efficient trading with a minimum deposit of $5 and order execution from 0.01 seconds. FBS also focuses on trader education, providing courses tailored by market experts to support traders at any level. They emphasize community engagement through events and a comprehensive suite of analytics to refine trading strategies.
★★★★★
More details +
Trust & Regulatory Status
8.5
Tradable Instruments
7
Fees
8
Account Types
8.5
Platform and Tools
7.5
Deposit and Withdrawal
8
Customer Support
8
Research and Education
7.5
Mobile Trading
8
Security
8.5
Interactive Brokers offers a robust trading platform for global markets, enabling clients to trade in stocks, options, futures, and ETFs. The platform features professional pricing with low commissions and provides access to over 150 markets worldwide. They also offer free DEMAT accounts and an extensive suite of educational resources to help traders improve their trading skills. The platform supports advanced trading strategies with its wide array of order types and sophisticated reporting tools.
★★★★★
More details +
Trust & Regulatory Status
9
Tradable Instruments
9.5
Fees
9
Account Types
8.5
Platform and Tools
8.5
8
Customer Support
7.5
Research and Education
8.5
Mobile Trading
8
Security
9.5
PROS:
- Extensive Market Access: IBKR allows users to trade in over 150 markets worldwide, covering a wide range of asset classes including stocks, options, futures, forex, bonds, and ETFs.
- Competitive Pricing: Known for its low trading fees, IBKR is a cost-effective choice, particularly for high-frequency and institutional traders.
- Advanced Trading Tools: The Trader Workstation (TWS) platform offers powerful tools for analysis and trading, appealing to experienced and professional traders.
- Strong Regulatory Standing: Regulated by top-tier financial authorities, ensuring robust security and compliance standards.
- Multi-Currency Support: Allows trading in 27 currencies, catering to a diverse, international client base.
CONS:
- Steeper Learning Curve: The TWS platform can be complex for beginners, requiring time to master.
- Account Minimums for Some Services: Certain features may have minimum balance requirements, limiting access for smaller retail investors.
- Customer Support Limitations: While generally reliable, IBKR’s customer support has received some criticism for response times and accessibility.
- Monthly Inactivity Fees for Low-Balance Accounts: This can be a disadvantage for less active or beginner traders with lower balances.
Interactive Investor is a UK-based investment platform known for its flat-fee structure, offering a wide range of investment options, including stocks, funds, ETFs, and bonds. The platform is designed to cater to both novice and experienced investors, providing access to various global markets.
★★★★★
More details +
Trust & Regulatory Status
3.4
Tradable Instruments
4.8
Fees
5
Account Types
5.6
Platform and Tools
5.3
Deposit and Withdrawal
6.4
Customer Support
6.1
Research and Education
6.2
Mobile Trading
6.2
Security
6
PROS:
- Transparent flat-fee pricing, ideal for high-value portfolios
- Wide range of investment options, including ISAs, SIPPs, and trading accounts
- Access to 17 global markets and a vast selection of shares, funds, and ETFs
- Strong regulatory oversight and part of a well-established asset management group
- High customer satisfaction scores and numerous awards for service quality
CONS:
- Flat fees can be less competitive for smaller portfolios
- No commission-free trading on UK shares
- The platform may feel less streamlined compared to some of its newer competitors
- Limited educational resources for beginner investors
TriumphFX is a forex and precious metals broker regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Vanuatu Financial Services Commission (VFSC). It offers trading via the popular MetaTrader 4 platform, providing access to a range of forex pairs and precious metals. The broker is known for its robust regulatory compliance, educational resources, and customer support.
★★★★★
More details +
Trust & Regulatory Status
0
Tradable Instruments
1.5
Fees
3.5
Platforms and Tools
5
Deposit and Withdrawal
4
Account Types and Terms
5
Customer Support
0
Research and Education
0.5
PROS:
- TriumphFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Vanuatu Financial Services Commission (VFSC), providing a layer of security and trust for traders.
- Offers the popular MT4 platform, known for its robust functionality, which includes advanced charting tools, numerous technical indicators, and automated trading capabilities through expert advisors.
- Provides extensive educational materials, including webinars, one-on-one market analysis sessions, and daily market analysis, supporting both beginner and experienced traders in enhancing their trading knowledge and skills.
- Offers a variety of account types including Classic, Gold, and Premium, each designed to meet different trader needs and preferences, including a swap-free option for Muslim traders adhering to Sharia law.
CONS:
- Primarily focuses on forex and precious metals, which might be restrictive for traders interested in a broader range of instruments like stocks, indices, or digital currencies.
- Has faced scrutiny in Asian markets with allegations related to pyramid scheme-like activities and issues concerning the clarity and transparency of its operations in these regions.
- Some users have reported difficulties with withdrawals, noting delays and lack of transparency in processing times and fees.
Traze is a comprehensive online trading platform that offers a variety of financial instruments including Forex, stocks, and commodities. It provides a wide range of accounts to cater to different trading needs, with leverage options up to 1:2000 and competitive spreads. Traze supports the popular MetaTrader 4 platform along with its own mobile trading app, emphasizing accessibility and ease of use. Additionally, Traze offers educational resources and copy-trading options to support both new and experienced traders.
★★★★★
More details +
Trust & Regulatory Status
5.5
Tradable Instruments
6
Fees
7
Account Types
7.5
Platform and Tools
6.5
Deposit and Withdrawal
6
Customer Support
5
Research and Education
6
Mobile Trading
6.5
Security
5.5
PROS:
- Diverse Trading Instruments: Traze offers a wide range of assets, including over 30 forex currency pairs, commodities, indices, share CFDs, and cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
- High Leverage: The broker provides leverage up to 1:2000, allowing traders to control larger positions with a smaller capital outlay.
- Multiple Account Types: Traze caters to various trader needs with account options such as Cent, Standard STP, and ECN accounts, each with different minimum deposit requirements and features.
- Advanced Trading Platforms: Clients have access to the MetaTrader 4 (MT4) platform, compatible with Windows, Mac, and mobile devices, as well as a proprietary mobile application for iOS and Android.
CONS:
- Regulatory Concerns: Some sources have raised issues regarding Traze's regulatory status, labeling it as a "Suspicious Clone" under multiple regulations, including the UK's FCA and Seychelles' FSA.
- High Minimum Deposit for Bank Transfers: The broker requires a minimum deposit of $1,000 for bank transfers, which may be a barrier for traders with limited capital.
- Limited Educational Resources: While Traze advertises trading tools and educational materials, some users have reported a lack of accessible resources, which could hinder learning and strategy development.
- Restricted Services in Certain Countries: Traze does not provide services for residents of specific countries, including the United States, Brazil, Canada, Egypt, Iran, North Korea, and European Union countries.
Exness is a prominent trading broker offering a range of financial instruments like Forex, stocks, and commodities. Known for its competitive spreads and instant withdrawal capabilities, Exness provides robust trading platforms such as MetaTrader 4 and MetaTrader 5. The broker emphasizes security with PCI DSS certification and offers extensive support with 24/7 customer service. Exness caters to a global audience with multiple regulatory licenses, highlighting its commitment to providing a secure and efficient trading environment.
★★★★★
More details +
Trust & Regulatory Status
6.5
Tradable Instruments
5.5
Fees
8
Account Types
8
Platform and Tools
7.5
Deposit and Withdrawal
8.5
Customer Support
6
Research and Education
5.5
Mobile Trading
7.5
Security
8
PROS:
- Regulatory Compliance: Exness is regulated by several authorities, including the FCA in the UK and CySEC in Cyprus, offering a secure and transparent trading environment.
- Diverse Account Types: Exness provides multiple account options, catering to different trading needs and experience levels, from standard accounts for beginners to pro accounts for seasoned traders.
- Low Trading Costs: Known for competitive spreads and zero commission on certain accounts, Exness allows cost-effective trading across various assets.
- Flexible Leverage Options: Exness offers flexible leverage up to 1:2000 (depending on jurisdiction), which can be appealing to traders looking to maximize potential returns.
- Instant Withdrawals: Exness supports instant withdrawals, allowing traders to access their funds quickly without extended wait times.
CONS:
- Limited Educational Resources: Exness does not offer a comprehensive suite of educational materials, which might be a drawback for beginner traders looking to expand their knowledge.
- Restricted in Certain Countries: Exness services are unavailable in some regions due to regulatory constraints, limiting accessibility for potential clients.
- Lack of Passive Investment Options: Exness does not offer investment programs like PAMM or MAM accounts, which may limit options for investors interested in managed accounts.
XTB is a well-regarded global broker founded in 2002, headquartered in Warsaw, Poland, and known for its powerful and user-friendly trading platform, xStation 5. XTB offers traders access to a wide range of over 2100 financial instruments across forex, CFDs, stocks, commodities, and cryptocurrencies. The broker is regulated by several top-tier authorities including the FCA and CySEC, ensuring a secure and transparent trading environment.
★★★★★
More details +
Trust & Regulatory Status
5.3
Tradable Instruments
3.8
Fees
3.9
Account Types
5
Platform and Tools
5
Deposit and Withdrawal
6.8
Customer Support
2.4
Research and Education
5
Mobile Trading
3.7
Security
2.6
PROS:
- Advanced Trading Platform: XTB's xStation 5 is highly acclaimed for its user-friendly interface, cutting-edge technology, and comprehensive analytical tools, which enhance trading effectiveness and user experience.
- Extensive Range of Instruments: Traders have access to over 2100 instruments across various asset classes, including forex, indices, commodities, stock CFDs, and cryptocurrencies, catering to diverse trading preferences.
- Robust Educational Resources: XTB provides a wealth of educational materials, such as webinars, seminars, trading courses, and articles, supporting traders from novice to expert levels.
- Strong Regulatory Framework: XTB is regulated by major financial authorities like the FCA and CySEC, ensuring a high level of security and fair trading practices.
- Excellent Customer Service: Known for its responsive and helpful customer support available in multiple languages, enhancing the trading experience for global clients.
CONS:
- Inactivity Fees: XTB charges fees for accounts that are inactive for extended periods, which might be a concern for infrequent traders.
- Limited Product Range in Some Regions: Depending on the trader’s location, some of XTB’s products, particularly certain stock CFDs and ETFs, may not be available.
- Withdrawal Fees: There are fees associated with bank wire withdrawals, which might be a drawback for some traders preferring this withdrawal method.
OANDA is a globally recognized forex and CFD broker, founded in 1996 and headquartered in New York, USA. Regulated by top-tier authorities such as the CFTC, NFA, FCA, ASIC, and MAS, OANDA offers a secure and transparent trading environment. The broker provides access to a wide range of trading instruments, including forex pairs, commodities, indices, metals, cryptocurrencies, and shares, supported by advanced platforms like fxTrade, MetaTrader 4 (MT4), and TradingView.
★★★★★
More details +
Trust & Regulatory Status
4.8
Tradable Instruments
5
Fees
6
Account Types
6.3
Platform and Tools
5.8
Deposit and Withdrawal
6.2
Customer Support
5.9
Research and Education
6.4
Mobile Trading
6.6
Security
6.1
PROS:
- Strong Regulatory Oversight: Regulated by top-tier authorities such as the CFTC, NFA, and FCA, ensuring a secure trading environment.
- Global Presence: Offices in major financial hubs worldwide, offering localized support and services.
- User-Friendly Trading Platforms: Proprietary fxTrade platform with advanced charting tools; also supports MetaTrader 4 (MT4) and TradingView integrations.
- Transparent Pricing: Offers competitive spreads with no hidden fees, providing clear cost structures for traders.
- Wide Range of Instruments: Access to over 68 currency pairs, CFDs, and spot cryptocurrency trading through Paxos.
- Award-Winning Broker: Recognized for excellence with multiple industry awards, including “Best US Forex Broker” and “Most Popular Broker” on TradingView.
CONS:
- Limited Product Range Beyond Forex and CFDs: Does not offer traditional stocks, bonds, or mutual funds, limiting diversification for multi-asset traders.
- No Guaranteed Stop-Loss Orders: Increases potential risks during volatile market conditions.
- Higher Minimum Spreads on Some Assets: Although competitive, spreads can be wider for less liquid assets compared to specialized brokers.
- Limited Customer Support Hours: While support is available, it may not cover all time zones equally, potentially impacting global traders.
- No Negative Balance Protection for U.S. Clients: This feature is unavailable for U.S. traders, which may increase risk during extreme market movements.
DEGIRO is a Dutch online brokerage firm founded in 2013, designed to serve both individual and professional investors. It offers a wide array of trading options including stocks, bonds, ETFs, and derivatives across more than 50 global exchanges. DEGIRO is known for its low fees, straightforward platform, and wide market access, making it one of the most competitive brokers in Europe. The firm's trading platforms are developed in-house and are accessible via both web and mobile interfaces, ensuring a seamless trading experience. DEGIRO operates under the regulatory oversight of the Dutch Authority for the Financial Markets (AFM) and the German Federal Financial Supervisory Authority (BaFin), ensuring high standards of security and compliance.
★★★★★
More details +
Trust & Regulatory Status
6.1
Tradable Instruments
8
Fees
8
Account Types
6.3
Platform and Tools
6.9
Deposit and Withdrawal
7
Customer Support
6
Research and Education
7
Mobile Trading
6.3
Security
6.9
PROS:
- DEGIRO offers one of the most competitive fee structures, significantly reducing the cost of trading for its clients.
- Clients can trade on over 50 global exchanges, enabling diverse investment opportunities in various asset classes.
- The platform is highly intuitive, suitable for both beginners and advanced traders, developed to ensure efficient trading experiences.
CONS:
- DEGIRO operates as an execution-only broker, meaning it does not provide investment advice, which may not suit all types of investors.
- While DEGIRO offers extensive access to European markets, its presence in markets outside Europe, like Asia or the Americas, is more limited.
Saxo Broker is a globally recognized online trading platform headquartered in Denmark, known for its extensive range of financial instruments and advanced trading tools. Saxo provides access to over 71,000 instruments including forex, stocks, commodities, and bonds across various international markets. The broker is celebrated for its robust, user-friendly platforms such as SaxoTraderGO and SaxoTraderPRO, tailored to both novice and professional traders.
★★★★★
More details +
Trust & Regulatory Status
3.5
7.2
Fees
6.7
Account Types
5
Platform and Tools
5
Deposit and Withdrawal
6.5
Customer Support
5
Research and Education
0.4
Mobile Trading
3.1
Security
2.9
PROS:
- Extensive Product Range: Saxo Broker offers an impressive selection of financial instruments, including over 71,000 global instruments such as stocks, forex, bonds, and derivatives, catering to diversified trading preferences.
- Advanced Trading Platforms: The broker provides advanced, award-winning trading platforms like SaxoTraderGO and SaxoTraderPRO, which offer comprehensive tools and analytics suitable for both novice and experienced traders.
- Competitive Pricing: Saxo is known for its competitive pricing structure, which includes low commissions and tight spreads, enhancing trading profitability for its clients.
CONS:
- Complexity for Beginners: The wide range of tools and detailed platform features may be overwhelming for beginners, making the initial learning curve somewhat steep.
- Account Maintenance Fees: Some account types come with maintenance fees or minimum balance requirements, which may not be ideal for all traders, particularly those with lower trading volumes or beginners.
- Customer Support Variability: While generally robust, the response times and effectiveness of customer support can vary, especially during peak trading hours or for less common inquiries.
Show next