Brokers

We test each broker hands-on: regulation and licensing, real spreads and fees, deposit and withdrawal speed, platform quality, and customer support. Rankings are based on our methodology, not just affiliate deals.

Start with regulation from a top-tier authority, low minimum deposit, a free demo account, and tight spreads on major pairs. Avoid any broker that promises guaranteed profits.

A regulated broker is licensed and supervised by a financial authority such as the FCA, ASIC, or CySEC. Regulation typically requires segregated client funds and fair-dealing rules, which is your main protection if something goes wrong.

Many regulated brokers accept deposits from $10–$100, but the amount matters less than the habit: start on a demo account, then trade small live positions and risk only 1–2% of your balance per trade.

Some links on FX Recap are affiliate links, which may earn us a commission at no extra cost to you. Our reviews and rankings follow the same methodology regardless, and we only recommend brokers we believe add genuine value.