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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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US 10-Year Yield Drops to 4.96%, Its Biggest One-Day Fall Since August 2024Top StoriesUS 10-Year Yield Drops to 4.96%, Its Biggest One-Day Fall Since August 2024A rush into bonds took 0.17 point off the 10-year yield in a day and lifted the yen, while gold slid and Brent climbed, five days before the Fed…
More storiesUK Inflation Jumps to 3.5% in September as Fuel Prices Hit a Four-Year HighJapan's Trade Deficit Narrowed to ¥537 Billion in September as Chip Exports JumpedSouth Africa's Inflation Rose to 4.5% in September as Fuel and Fares ClimbedUK Unemployment Falls to 4.7% as Vacancies Drop and Total Pay Growth Slows
Daily news →Japan's Core Inflation Jumps to 2.1% in September, a Week Before the Bank of Japan DecidesJapan's Core Inflation Jumps to 2.1% in September, a Week Before the Bank of Japan DecidesTop Stories · 1 hour agoUK Retail Sales Slip 0.4% in September as Warm Weather Hits Clothing, but the Quarter GrowsUK Retail Sales Slip 0.4% in September as Warm Weather Hits Clothing, but the Quarter GrowsTop Stories · 1 hour agoNew Zealand Inflation Eases to 3.7% as Petrol Falls, but Domestic Prices Stay FirmNew Zealand Inflation Eases to 3.7% as Petrol Falls, but Domestic Prices Stay FirmTop Stories · 1 day agoUS 20-Year Bond Sale Clears at 5.469%, the Highest Since the Maturity Returned in 2020US 20-Year Bond Sale Clears at 5.469%, the Highest Since the Maturity Returned in 2020Top Stories · 1 day agoBank of Korea Holds Its Rate at 3.00% but Keeps Further Rises on the TableBank of Korea Holds Its Rate at 3.00% but Keeps Further Rises on the TableTop Stories · 1 day ago
Market analysis →GBP/USD Analysis Today: Pound Holds Near 1.3394 After a New High and Soft Retail SalesGBP/USD Analysis Today: Pound Holds Near 1.3394 After a New High and Soft Retail SalesUpdated todayEUR/USD Analysis Today: Euro Slips to 1.1218, Back Below Its 20-Day AverageEUR/USD Analysis Today: Euro Slips to 1.1218, Back Below Its 20-Day AverageUpdated todayGold Analysis Today: XAU/USD Breaks Its Twin Lows and Tests $4,000Gold Analysis Today: XAU/USD Breaks Its Twin Lows and Tests $4,000Updated todayUSD/JPY Analysis Today: Pair Breaks Its Range Floor and Tests 156 as US Yields SlideUSD/JPY Analysis Today: Pair Breaks Its Range Floor and Tests 156 as US Yields SlideUpdated todayUSD/JPY Price Prediction ChartUSD/JPY Price Prediction ChartPrice Prediction · 1 day ago
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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 23 October 2026, 06:30 UTC.

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