EUR/USD 1.13862 ▼ 0.04%
GBP/USD 1.32419 ▼ 0.02%
USD/JPY 157.784 ▲ +0.31%
XAU/USD 4194.57 ▼ 2.10%
USD/CHF 0.82953 ▲ +0.12%
AUD/USD 0.70255 ▲ +0.03%
USD/CAD 1.41523 ▲ +0.07%
EUR/GBP 0.85990 ▼ 0.02%
EUR/USD 1.13862 ▼ 0.04%
GBP/USD 1.32419 ▼ 0.02%
USD/JPY 157.784 ▲ +0.31%
XAU/USD 4194.57 ▼ 2.10%
USD/CHF 0.82953 ▲ +0.12%
AUD/USD 0.70255 ▲ +0.03%
USD/CAD 1.41523 ▲ +0.07%
EUR/GBP 0.85990 ▼ 0.02%
ESC

Compare Licensed Brokers

29 brokers found

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Compare Licensed Brokers · Last verified: 18 September 2026
# Broker Regulators Status Founded Score Compare Review
1
XM Global
XM Global Cyprus
ASIC CySEC DFSA FCA CMA Kenya FSCA FSA Seychelles FSC Belize Compliant 2009 92 View Details
2
Exness
Exness Cyprus
CySEC FCA CMA Kenya FSCA CBCS FSA Seychelles FSC BVI FSC Mauritius JSC Jordan Compliant 2008 90 View Details
3
IC Markets
IC Markets Australia
ASIC CySEC CMA Kenya FSA Seychelles Compliant 2007 89 View Details
4
Pepperstone
Pepperstone Australia
ASIC CySEC DFSA FCA CMA Kenya Compliant 2010 88 View Details
5
ThinkMarkets
ThinkMarkets Australia
ASIC CySEC FCA FSCA Compliant 2010 85 View Details
6
Eightcap
Eightcap Australia
ASIC CySEC FCA SCB Bahamas Compliant 2009 83 View Details
7
Axi
Axi Australia
ASIC CySEC DFSA FCA FMA New Zealand Compliant 2007 82 View Details
8
FP Markets
FP Markets Australia
ASIC CySEC CMA Kenya FSCA FSA Seychelles FSC Mauritius Compliant 2005 81 View Details
9
FxPro
FxPro Cyprus
CySEC FCA SCB Bahamas FSCA Compliant 2006 81 View Details
10
HFM (HF Markets)
HFM (HF Markets) Cyprus
CySEC FCA CMA Kenya FSCA FSA Seychelles FSC Mauritius Compliant 2010 80 View Details
11
Capital.com
Capital.com Cyprus
ASIC CySEC FCA Compliant 2016 79 View Details
12
Tickmill
Tickmill Cyprus
CySEC FCA FSCA FSA Seychelles Compliant 2014 75 View Details
13
ACY Securities
ACY Securities Australia
ASIC FSCA Compliant 2011 74 View Details
14
Plus500
Plus500 United Kingdom
ASIC CySEC FCA Compliant 2008 74 View Details
15
Vantage
Vantage Australia
ASIC FCA CIMA VFSC Compliant 2009 74 View Details
16
IG
IG United Kingdom
ASIC FCA Compliant 1974 73 View Details
17
Admirals
Admirals United Kingdom
CySEC FCA CMA Kenya FSA Seychelles Compliant 2001 72 View Details
18
FXTM (ForexTime)
FXTM (ForexTime) United Kingdom
FCA CMA Kenya FSCA FSC Mauritius Compliant 2011 72 View Details
19
OANDA
OANDA United States
ASIC CFTC/NFA FCA Compliant 1996 72 View Details
20
eToro
eToro Cyprus
ASIC CySEC FCA Compliant 2007 71 View Details
21
Fusion Markets
Fusion Markets Australia
ASIC FSA Seychelles VFSC Compliant 2017 70 View Details
22
BlackBull Markets
BlackBull Markets New Zealand
FMA New Zealand FSA Seychelles Compliant 2014 69 View Details
23
JustMarkets
JustMarkets Cyprus
CySEC FSCA BVI FSC FSA Seychelles FSC Mauritius Compliant 2012 69 View Details
24
FOREX.com
FOREX.com United States
CFTC/NFA FCA Compliant 1999 68 View Details
25
AvaTrade
AvaTrade Ireland
ASIC CySEC FSCA BVI FSC Central Bank of Ireland FFAJ FSA Japan FSRA / ADGM Compliant 2006 66 View Details
26
Markets.com
Markets.com Cyprus
CySEC FSCA Compliant 2008 66 View Details
27
FBS
FBS Cyprus
ASIC CySEC FSC Belize Compliant 2009 65 View Details
28
RoboForex
RoboForex Belize
FSC Belize Offshore 2009 58 View Details
29
InstaForex
InstaForex British Virgin Islands
CySEC BVI FSC Compliant 2007 49 View Details

Spreads shown are minimum values from the lowest-spread account type. Actual spreads vary by account, instrument, and market conditions. Islamic (swap-free) account availability may depend on your region and entity. Always verify directly with the broker.

How do I choose a licensed forex broker?

Choose the entity licensed where you live — FCA (UK), CySEC (EU), ASIC (Australia) or DFSA (Dubai/Gulf) — and match its license number to the client agreement before you deposit.

Detailed explanation

A brand is not a license. Compensation, leverage caps and complaints follow the company that opens the account. CySEC covers the EEA (Cyprus ICF). FCA sits under UK rules and the FSCS. ASIC serves Australian retail clients. DFSA serves the DIFC. Offshore entities such as FSA Seychelles or FSC Belize sit outside those schemes.

Example

A UK account under an FCA-authorised company can use the Financial Ombudsman and, if the firm fails, the FSCS (up to £85,000). The same brand’s Seychelles entity would not.

Common mistake

Treating a CySEC, FCA or ASIC logo on a landing page as proof that your account is covered. Many groups onboard international clients through an offshore company. If the agreement names that company, the EU, UK or Australian compensation scheme does not apply.

Professional tip

Search the official register by license number, not only by brand. Confirm the status is authorised or active, that forex or CFDs are listed, and that the legal name matches the agreement before the first deposit.

Frequently Asked Questions

Visit the official regulator website and search by broker name or license number: CySEC → cysec.gov.cy, ASIC → asic.gov.au, FCA → register.fca.org.uk, DFSA → dfsa.ae. The result should show an "Authorised" status and list forex or CFD services.

Licensing greatly reduces risk but is not an absolute guarantee. Always confirm which specific legal entity you are trading with, as most brokers operate multiple subsidiaries under different licenses with different levels of protection.

All four are tier-1 regulators. FCA (UK) is generally considered the strictest with the highest capital requirements. CySEC (Cyprus/EU) provides an EU passport to serve the entire European Economic Area. ASIC (Australia) has strong consumer protection rules. DFSA regulates the Dubai International Financial Centre and is the key MENA authority.

Availability depends on the broker's legal entity. US residents are generally not accepted by CySEC, FCA or ASIC entities. Most brokers detect your country during registration and route you to the appropriate entity automatically. Always check the entity name on your client agreement before funding your account.