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Regulated Forex Broker Reviews

We've reviewed 14 brokers. Every licence number is looked up on the regulator's own register, each review shows the date it was checked, ads are labelled, and no broker can pay for a higher score.Check a licence yourself: free 6-step guide and PDF →

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PopularBrokers for beginnersIslamic accountsXM vs ExnessIs forex legal?
Highest ratedAffiliate link
IC MarketsLicensed by ASIC, CySEC +3
4.90/5
Min. deposit
$0
Max leverage
1:5000

Terms shown are for the global account (FSA, Seychelles).

Visit IC MarketsRead review
Rated #2 of 14Affiliate link
XMLicensed by CySEC, DFSA +2
4.75/5
Min. deposit
$5
Max leverage
1:1000

Leverage up to 1:1000 is for the XM Global account (FSC, Belize).

Visit XMRead review
Rated #3 of 14Affiliate link
ExnessLicensed by FSCA, CMA +2
4.75/5
Min. deposit
$10
Max leverage
Unlimited

Unlimited leverage needs equity under $5,000 and 10 closed orders on an eligible account.

Visit ExnessRead review
CalendarFull calendar →

Next rate decisions

  • RBNZOCR 2.75%
  • Bank of CanadaPolicy rate 2.25%
  • Federal ReserveFed funds 3.75–4.00%
  • ECBDeposit rate 2.50%
  • Bank of JapanPolicy rate 1.25%
  • RBACash rate 4.60%
  • Bank of EnglandBank Rate 3.75%
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Ad · Affiliate link to Exness. CFDs are high risk: 74–89% of retail accounts lose money.

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UK Inflation Jumps to 3.5% in September as Fuel Prices Hit a Four-Year HighTop StoriesUK Inflation Jumps to 3.5% in September as Fuel Prices Hit a Four-Year HighPetrol and diesel drove the biggest monthly rise in a year, and services and core prices sped up too, a hard read for the Bank of England.
More storiesChina's Economy Grew 4.5% in the Third Quarter as Exports Surged and Investment FellLagarde Says the Energy Shock Is Too Large to Look Through, but Keeps a Measured ToneCanada's September Inflation Is Due Today: What the Bank of Canada Will Look ForIMF Closes Bangkok Meetings With an Inflation Warning: Central Banks Told to Stay Firm
Daily news →Japan's Trade Deficit Narrowed to ¥537 Billion in September as Chip Exports JumpedJapan's Trade Deficit Narrowed to ¥537 Billion in September as Chip Exports JumpedTop Stories · 12 hours agoSouth Africa's Inflation Rose to 4.5% in September as Fuel and Fares ClimbedSouth Africa's Inflation Rose to 4.5% in September as Fuel and Fares ClimbedTop Stories · 12 hours agoUK Unemployment Falls to 4.7% as Vacancies Drop and Total Pay Growth SlowsUK Unemployment Falls to 4.7% as Vacancies Drop and Total Pay Growth SlowsTop Stories · 1 day agoCanada's Inflation Rose to 3.1% in September on Gasoline, but Core Measures EasedCanada's Inflation Rose to 3.1% in September on Gasoline, but Core Measures EasedTop Stories · 1 day agoUS Housing Starts Fell 5.2% in September as Builders Slowed Ahead of the FedUS Housing Starts Fell 5.2% in September as Builders Slowed Ahead of the FedTop Stories · 1 day ago
Market analysis →USD/JPY Price Prediction ChartUSD/JPY Price Prediction ChartPrice Prediction · 1 hour agoAUD/USD Price Prediction ChartAUD/USD Price Prediction ChartPrice Prediction · 1 hour agoGBP/USD Analysis Today: Pound Firms Near 1.3397 After UK Inflation Jumps to 3.5%GBP/USD Analysis Today: Pound Firms Near 1.3397 After UK Inflation Jumps to 3.5%Updated todayEUR/USD Analysis Today: Euro Holds Near 1.1223 in a Tight Range Below 1.1265EUR/USD Analysis Today: Euro Holds Near 1.1223 in a Tight Range Below 1.1265Updated todayGold Analysis Today: XAU/USD Near $4,118 as Sellers Hold It Below the 20-Day AverageGold Analysis Today: XAU/USD Near $4,118 as Sellers Hold It Below the 20-Day AverageUpdated today
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Methodology

How a score is built

Ten weighted factors add up to 100 points, and stars are the score divided by 20. A broker with only offshore licences cannot score above 55.

Factor 1 of 10

Regulation & Safety

20% of the score

Decides what happens to your money if something goes wrong. Every licence number is checked on the issuing regulator's public register, and a broker with only offshore licences cannot score above 55.

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Questions people ask about us

Which forex brokers has FX Recap reviewed?

14 brokers: IC Markets, XM, Exness, FP Markets, Pepperstone, AvaTrade, RoboForex, LiteFinance, IUX Markets, Tickmill, FXTM, Vantage Markets, Fusion Markets, Elev8. Each review covers regulation, fees, accounts, platforms, deposits and withdrawals.

How does FX Recap check a broker?

Every licence is checked on the regulator's own register, and fees, leverage and deposit rules come from the broker's own published terms. Each review shows the date it was last checked.

Does FX Recap get paid by brokers?

Some links are affiliate links, and we may earn a commission when you open an account through them. Ads are labelled, and a broker cannot pay for a higher rating.

How often is the market analysis updated?

EUR/USD, GBP/USD, gold and USD/JPY analysis is updated every weekday morning. The latest update was 21 October 2026, 10:00 UTC.

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