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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%
Trade the next rate move

Ad · Affiliate link to Exness. CFDs are high risk: 74–89% of retail accounts lose money.

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New Zealand Inflation Eases to 3.7% as Petrol Falls, but Domestic Prices Stay FirmTop StoriesNew Zealand Inflation Eases to 3.7% as Petrol Falls, but Domestic Prices Stay FirmCheaper petrol pulled the annual rate down from 4.1%, yet airfares, council rates and core prices kept the RBNZ under pressure before 28 October.
More storiesUK Unemployment Falls to 4.7% as Vacancies Drop and Total Pay Growth SlowsCanada's Inflation Rose to 3.1% in September on Gasoline, but Core Measures EasedUS Housing Starts Fell 5.2% in September as Builders Slowed Ahead of the FedChina's Economy Grew 4.5% in the Third Quarter as Exports Surged and Investment Fell
Daily news →US 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 hour 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 hour agoUK Inflation Jumps to 3.5% in September as Fuel Prices Hit a Four-Year HighUK Inflation Jumps to 3.5% in September as Fuel Prices Hit a Four-Year HighTop Stories · 19 hours agoJapan'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 · 19 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 · 19 hours ago
Market analysis →GBP/USD Analysis Today: Pound Near 1.3407, Pressing Its 50-Day Average After UK CPIGBP/USD Analysis Today: Pound Near 1.3407, Pressing Its 50-Day Average After UK CPIUpdated todayEUR/USD Analysis Today: Euro Edges Up to 1.1252, Back at Its 20-Day AverageEUR/USD Analysis Today: Euro Edges Up to 1.1252, Back at Its 20-Day AverageUpdated todayGold Analysis Today: XAU/USD Slips to $4,098, Close to Its October Twin LowsGold Analysis Today: XAU/USD Slips to $4,098, Close to Its October Twin LowsUpdated todayUSD/JPY Analysis Today: Pair Dips to 157.70 as the Dollar Softens, Still Inside Its RangeUSD/JPY Analysis Today: Pair Dips to 157.70 as the Dollar Softens, Still Inside Its RangeUpdated todayUSD/JPY Price Prediction ChartUSD/JPY Price Prediction ChartPrice Prediction · 4 hours 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 22 October 2026, 03:30 UTC.

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