MM Forex Brokers for 2026

We found 11 online brokers that are appropriate for Trading MM Forex Brokers.

MM Forex Brokers Guide

Analysis by Andrew Blumer, Updated Last updated – April 02, 2026

MM Forex Brokers

When I first explored the forex market years ago, and again recently during the volatile USD/JPY spike past 151.00 in early 2025, I quickly noticed a distinct type of broker shaping the trading environment: MM Forex brokers. These are market maker brokers who operate with a full scale dealing desk, acting as intermediaries between liquidity providers and traders. Their role is far beyond simple execution they literally create the market for their clients.

MM Forex brokers act as the counterparty to trades. For example, when I placed a 0.10 lot EUR/USD buy order at 1.0875 last month, they were the ones taking the opposite SELL side. They buy large volume positions from liquidity providers, split them into smaller chunks, and offer them to traders. This buy sell flexibility is why they are called market makers. Essentially, they buy from sellers and sell to buyers, keeping the market moving even when liquidity is thin such as during the January 2025 CPI release.

With a dealing desk in place, all client orders pass through a specialised department that manages execution. Watching this in practice while trading GBP/USD around 1.2700 felt like observing a dedicated trading station a system that balances efficiency, controlled pricing, and risk management at every step.

The spreads offered are usually fixed, often around 2–3 pips on EUR/USD, and MM brokers generally do not charge commissions. Their profits come from these spreads and occasional internalised losing trades. The price you see is slightly marked up. For example, while my liquidity feed showed EUR/USD at 1.0880, the MM broker quoted 1.0882, reflecting their role in managing the flow.

MM Forex Brokers Advantages

Low Initial Deposit Requirement

One of the first things I appreciated is that MM Forex brokers allow you to start with deposits as low as $10. Back when I tested strategies on a budget, this made entering the forex market almost risk free. Even now, many traders I know start with $20–$50 accounts to practice without large commitments.

Fixed Spreads and No Commissions

Another advantage is the availability of fixed spreads, such as EUR/USD fixed at 2 pips or USD/JPY at 3 pips, with no commissions. This made it easy for me to plan trades, especially during recent events like the December 2024 FOMC announcement, where knowing costs in advance helped me avoid unexpected fees.

User Friendly Platforms

Most market makers provide user friendly trading platforms designed for non professional traders. When I first started, I appreciated platforms that allowed me to place buy/sell orders without navigating complex features. Even this year, when testing a new MM platform’s lite mode, I noticed how simplified charts helped me avoid mistakes.

Lower Entry Point Boosts Liquidity

Even with small amounts sometimes as low as $5 per trade clients significantly boost liquidity. This keeps order flow healthy. During quieter sessions, especially during the 2025 New Year period, I saw firsthand how small retail orders through MM brokers helped maintain smooth movement in pairs like AUD/USD and NZD/USD.

MM Forex Brokers Disadvantages

Price Manipulation

A major drawback is that price quotes from MM brokers can differ from raw liquidity provider prices. For example, during the January 2025 US NFP release, I saw EUR/USD spike to 1.0910 on a raw feed while my MM broker quoted 1.0914. This “adjustment” can feel like manipulation and may impact stop loss accuracy.

Lack of Transparency

Transparency isn’t always guaranteed. Market makers often function as both the umpire and the opposing player. Early in my trading journey, I learned this the hard way when a broker widened spreads on GBP/JPY from 3 pips to 12 pips without warning during a Bank of England announcement.

Requotes and Execution Delays

Requotes are common with MM brokers. Just last month, when trying to sell gold (XAU/USD) at $2,358, I received a requote at $2,360. This happens due to the way market makers internally manage liquidity and pricing. It’s frustrating, but it’s part of the MM structure.

Market Maker Brokers explained

Why Choose MM Forex Brokers

Accessible for Traders with Low Capital

When I began trading and even now when helping new traders, I’ve seen how MM Forex brokers open doors for those with limited capital. With minimum deposits as low as $5 or $10, entering the forex market becomes less intimidating. This is ideal for beginners testing strategies without risking large sums.

User Friendly Trading Platforms

I often recommend MM brokers to newer traders because their platforms are simple, intuitive, and designed for beginners. Whether placing a quick EUR/USD trade at 1.0900 or setting a stop loss, the user experience is streamlined. This ease of use helped boost my confidence when starting out.

No Commissions Encourage Trading Activity

Unlike No Dealing Desk (NDD) brokers, MM brokers rarely charge commissions. For example, trading 0.01 lots of EUR/USD multiple times a day without paying $3–$7 per lot saves beginners a lot of money. I’ve seen small accounts grow more steadily under this structure.

Spreads as the Primary Source of Earnings

With MM brokers, revenue mainly comes from spreads. They adjust prices slightly, such as marking up GBP/USD from 1.2670 to 1.2672. For traders who prefer fixed costs and predictable fees, this model is ideal especially when practicing during high volatility events like CPI or NFP.

Choosing Between MM and NDD Brokers

The choice between an MM broker and an NDD broker often depends on account size and trading volume. High volume traders with $1,000+ accounts may prefer tight spreads from NDD brokers. However, beginners or casual traders with $10–$100 accounts often find MM brokers more accessible and practical. In my experience, MM brokers are the better starting point for learning risk management and order execution.

MM Forex Brokers Income

Profits from Bid Ask Spreads

One of the primary ways market makers earn is through the bid ask spread, which is the difference between the buy (bid) and sell (ask) prices. For example, during the recent EUR/USD volatility following the latest U.S. CPI release, spreads briefly widened from the usual 0.8 pips to around 1.4 pips. The bid price reflects the rate the broker is willing to pay for an asset, while the ask price is the rate at which they will sell it. This difference is essentially the broker’s profit margin and is often referred to as the market maker spread. From my experience, spreads tend to be a consistent revenue source for MM brokers, even during wild events like the sudden $40 jump in gold prices after geopolitical tensions in April 2025.

Commissions for Providing Liquidity

In addition to spreads, some market makers also earn commissions for providing liquidity to traders. By ensuring clients always have a counterparty, they keep the market functioning smoothly. For instance, when I traded crude oil CFDs earlier this year when prices spiked from $72 to $79 my broker charged a small liquidity commission on top of the spread because trade volume had surged. It becomes an additional and often overlooked revenue stream for MM brokers.

Market Makers in Stock Exchanges

Role in Major Exchanges

Market makers play a crucial role in major stock exchanges like the New York Stock Exchange (NYSE) and the London Stock Exchange (LSE). In these markets, they’re often called third market makers. Historically, designated market makers on the NYSE, AMEX, and NASDAQ were known as specialists. Their main task is to provide liquidity, ensuring trades can be executed efficiently even during volatile sessions like the steep tech sell off earlier this year when several NASDAQ stocks dropped 8–12% within hours. Today, thousands of market makers operate across the U.S., making them essential for maintaining price stability and trade flow.

Official Market Makers on the LSE

The London Stock Exchange also hosts several official market makers who provide a continuous two way price to keep trading active. These prices appear on the Stock Exchange Automated Quotation (SEAQ) system, and market makers execute trades directly with brokers for clients. From my perspective, especially after trading UK stocks like BP and Rolls Royce this year, this system brings an impressive level of transparency and helps avoid unnecessary slippage during fast price movements.

Unofficial Market Makers and Order Driven Markets

Not all market makers are bound by strict obligations. Unofficial market makers may operate without the requirement to maintain a two way price and often work within order driven markets. This flexibility allows them to take advantage of strategic trading opportunities rather than consistently providing liquidity. During the recent surge of retail trading activity in meme stocks, many unofficial market makers adjusted strategies instead of providing fixed quotes, focusing more on rapid order matching.

Regulatory Considerations

Importance of Choosing a Regulated Broker

One thing I learned early in my trading journey is that regulation seriously matters. A regulated MM Forex broker must follow strict rules that ensure fair practices, proper capital reserves, and transparent operations. This gives traders real protection, especially when markets become unstable like when Bitcoin suddenly dropped below $58,000 earlier this year. Regulation helps reduce the risk of fraud or price manipulation.

What to Look For in a License

Even without naming a specific regulator, it’s crucial to verify whether a broker holds a valid trading license. Licensed brokers undergo audits and are required to meet strict guidelines. From my experience, trading with a licensed broker allows me to focus on strategy instead of constantly worrying about whether withdrawals will be processed or whether my funds are safe during market swings.

Investor Protection Measures

Many regulators require brokers to store client funds in segregated accounts or offer compensation schemes in case the broker becomes insolvent. I always consider these factors before opening an account. When I experienced a delayed withdrawal last year, the fact that my broker operated under a compensation scheme gave me peace of mind and ensured the situation was resolved properly.

Trading Instruments Offered

Forex Pairs

MM Forex brokers typically offer a wide selection of major, minor, and exotic currency pairs. This variety allows traders to diversify their strategies. Personally, I often trade EUR/USD and GBP/USD because they offer lower spreads usually around 0.6 to 1.0 pips while also reacting predictably to economic news like interest rate announcements.

Commodities and Indices

Many MM brokers also offer commodities such as gold, crude oil, and silver, along with indices like the S&P 500 and FTSE 100. This gives traders access to markets with very different volatility profiles. After the strong rally in gold this year jumping from $2,020 to over $2,280 I found commodity trading particularly attractive for short term setups.

Cryptocurrencies

Several MM brokers now include cryptocurrencies alongside traditional assets. While spreads on crypto especially BTC/USD or ETH/USD can be wider, access is straightforward. For example, when Bitcoin surged back above $70,000 in early 2025, the spreads on my broker were around $25 to $35, which is normal for crypto market makers. Still, I always advise traders to understand crypto volatility before diving in.

Other Instruments

Besides forex, commodities, indices, and crypto, many brokers offer CFDs on stocks and ETFs. This allows clients to speculate on price movements without owning the underlying asset, which is something I’ve used to diversify smaller accounts by trading popular stocks like Nvidia and Tesla during earnings seasons.

CMC Assets

Example Trade with an MM Forex Broker

To see how MM Forex brokers operate in practice, consider this example: I want to buy EUR/USD at 1.1000. The broker’s ask price might be 1.1003, while the bid price is 1.0999. The 0.0004 difference is the spread and represents the broker’s immediate profit.

If I buy 1 lot (100,000 units) of EUR/USD, the broker becomes the counterparty. They might have sourced the EUR from a liquidity provider at 1.1000 and sold it to me for 1.1003. The moment the trade opens, I’m down around $30 due to the spread. If EUR/USD rises to 1.1030, I profit; if it drops to 1.0970, I take a loss. The broker, meanwhile, has already earned from the spread and may hedge or offset the position elsewhere.

This example shows how MM brokers earn from the spread while ensuring smooth execution. They balance risk by hedging large client positions or matching opposite client orders, allowing them to stay profitable regardless of individual trade outcomes.

MM Forex Brokers Verdict

From my experience observing the forex market, MM Forex brokers are ideal for traders with smaller accounts or those just starting out. Their low deposit requirements, user friendly platforms, and fixed spreads with no commissions make them accessible and straightforward for beginners.

However, it is important to understand that MM brokers act as counterparties to trades, which can result in price markups, requotes, and lower transparency compared to NDD brokers. Choosing a regulated broker helps mitigate risks and ensures a safer trading environment.

MM brokers also offer a wide range of trading instruments including forex pairs, commodities, indices, cryptocurrencies, and CFDs. This provides flexibility for traders to diversify strategies and markets while benefiting from the broker’s liquidity provision.

Overall, I consider MM brokers a practical and convenient choice for traders who prioritize low entry costs and ease of use. For high volume traders or those seeking complete transparency and direct market access, NDD brokers might be more suitable, but for most beginner and casual traders, MM brokers remain a solid starting point.

We have conducted extensive research and analysis on over multiple data points on MM Forex Brokers to present you with a comprehensive guide that can help you find the most suitable MM Forex Brokers. Below we shortlist what we think are the best MM Forex Brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching MM Forex Brokers.

Reputable MM Forex Brokers Checklist

Selecting a reliable and reputable online MM Forex Brokers trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade MM Forex Brokers more confidently.

Selecting the right online MM Forex Brokers trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Compare Key Features of MM Forex Brokers in Our Brokerage Comparison Table

When choosing a broker for MM Forex Brokers trading, it's essential to compare the different options available to you. Our MM Forex Brokers brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.

By comparing these essential features, you can choose a MM Forex Brokers broker that best suits your needs and preferences for MM Forex Brokers. Our MM Forex Brokers broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 MM Forex Brokers of 2026 compared

Here are the top MM Forex Brokers.

Compare MM Forex Brokers brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a MM Forex Brokers broker, it's crucial to compare several factors to choose the right one for your MM Forex Brokers needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are MM Forex Brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more MM Forex Brokers that accept MM Forex Brokers clients.

Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade FP Markets EasyMarkets SpreadEx FXPro
Rating
Regulation International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd RoboForex Ltd is authorised and regulated by the Financial Services Commission (FSC) of Belize under licence No. 000138/32, under the Securities Industry Act 2021, RoboForex Ltd is an (A category) member of The Financial Commission, also RoboForex Ltd is a participant of the Financial Commission Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076, eToro (ME) Limited (ADGM) Abu Dhabi (UAE) number 220073, eToro (Europe) Ltd (AMF) Autorité des marchés financiers as a digital assets provider France FCA (Financial Conduct Authority reference 522157) XTB Limited, CySEC (Cyprus Securities and Exchange Commission reference 169/12), DFSA (Dubai Financial Services Authority XTB MENA Limited licensed 8 July 2021), FSA (Financial Services Authority Seychelles license number SD148), FSCA (Financial Sector Conduct Authority XTB Africa (Pty) Ltd licensed 10 August 2021), KNF (Komisja Nadzoru Finansowego Polish Financial Supervision Authority) Financial Sector Conduct Authority (FSCA) (49976) XM ZA (Pty) Ltd, Financial Services Commission (FSC) (000261/27) XM Global Limited, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577), Financial Superintendence of Colombia (SFC 0261 of 2024), Investment Industry Regulatory Organization of Canada through Friedberg Direct (IIROC) CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (SD 130) Easy Forex Trading Ltd is regulated by CySEC (License 079/07). This is the only entity that onboards EU clients. easyMarkets Pty Ltd is regulated by ASIC (AFS License 246566), EF Worldwide Ltd (Seychelles) is regulated by FSA (License SD056), EF Worldwide Ltd (British Virgin Islands) is regulated by FSC (License SIBA/L/20/1135), EF Worldwide (PTY) Ltd is regulated by FSCA (License 54018) FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835), licence in Ireland as remote bookmaker for fixed odds betting licence number 1016176 FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120)
Min Deposit 200 10 50 No minimum deposit 5 No minimum deposit 100 100 25 No minimum deposit 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 200,000+ 730,000+ 40,000,000+ 2,000,000+ 15,000,000+ 830,000+ 400,000+ 200,000+ 250,000+ 60,000+ 11,200,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Islamic account
Platforms MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
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Risk Warning Losses can exceed deposits Losses can exceed deposits 50% of retail investor accounts lose money when trading CFDs with this provider. 70% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.48% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 72-95 % of retail investor accounts lose money when trading CFDs 57% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider. 62% of retail CFD accounts lose money 74% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
Demo IC Markets
Demo
Roboforex
Demo
eToro
Demo
XTB
Demo
XM
Demo
Pepperstone
Demo
AvaTrade
Demo
FP Markets
Demo
easyMarkets
Demo
SpreadEx
Demo
FxPro
Demo
Excluded Countries US, IR, CA, NZ, JP AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, IR AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE US, TR US, CA, IR


All MM Forex Brokers in more detail

You can compare MM Forex Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top MM Forex Brokers for 2026 article further below. You can see it now by clicking here

We have listed top MM Forex Brokers below.

MM Forex Brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 200000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by International Capital Markets Pty Ltd (Australia) (ASIC) Australian Securities & Investments Commission Licence No. 335692, Seychelles Financial Services Authority (FSA) (SD018), IC Markets (EU) Ltd (CySEC) Cyprus Securities and Exchange Commission with License No. 362/18, Capital Markets Authority(CMA) Kenya IC Markets (KE) Ltd, Securities Commission of The Bahamas (SCB) IC Markets (Bahamas) Ltd
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 730000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by RoboForex Ltd is authorised and regulated by the Financial Services Commission (FSC) of Belize under licence No. 000138/32, under the Securities Industry Act 2021, RoboForex Ltd is an (A category) member of The Financial Commission, also RoboForex Ltd is a participant of the Financial Commission Compensation Fund
eToro
(4/5)
Min deposit : 50
Visit eToro Try a Demo Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 50% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Crypto investments are risky and may not suit retail investors; you could lose your entire investment. Understand the risks here.

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 40000000+ traders. 50% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076, eToro (ME) Limited (ADGM) Abu Dhabi (UAE) number 220073, eToro (Europe) Ltd (AMF) Autorité des marchés financiers as a digital assets provider France
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 2000000+ traders. 70% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority reference 522157) XTB Limited, CySEC (Cyprus Securities and Exchange Commission reference 169/12), DFSA (Dubai Financial Services Authority XTB MENA Limited licensed 8 July 2021), FSA (Financial Services Authority Seychelles license number SD148), FSCA (Financial Sector Conduct Authority XTB Africa (Pty) Ltd licensed 10 August 2021), KNF (Komisja Nadzoru Finansowego Polish Financial Supervision Authority)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 15000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.48% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Sector Conduct Authority (FSCA) (49976) XM ZA (Pty) Ltd, Financial Services Commission (FSC) (000261/27) XM Global Limited, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd
Pepperstone
(4/5)
Min deposit : 0
Pepperstone was established in 2010 and is used by over 830000+ traders. 72-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 400000+ traders. 57% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading. Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ) Ava Trade Japan K.K. (1574), Abu Dhabi Global Markets (ADGM) / Financial Regulatory Services Authority (FRSA) Ava Trade Middle East Ltd (190018), Central Bank of Ireland (C53877) AVA Trade EU Ltd, Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd (branch authorisation), British Virgin Islands Financial Services Commission (BVI) Ava Trade Markets Ltd (SIBA/L/13/1049), Israel Securities Authority (ISA) ATrade Ltd (514666577), Financial Superintendence of Colombia (SFC 0261 of 2024), Investment Industry Regulatory Organization of Canada through Friedberg Direct (IIROC)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 200000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs, Bonds.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (SD 130)
EasyMarkets
(4/5)
Min deposit : 25
easyMarkets was established in 2001 and is used by over 250000+ traders. 76% of retail investor accounts lose money when trading CFDs with this provider. easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Easy Forex Trading Ltd is regulated by CySEC (License 079/07). This is the only entity that onboards EU clients. easyMarkets Pty Ltd is regulated by ASIC (AFS License 246566), EF Worldwide Ltd (Seychelles) is regulated by FSA (License SD056), EF Worldwide Ltd (British Virgin Islands) is regulated by FSC (License SIBA/L/20/1135), EF Worldwide (PTY) Ltd is regulated by FSCA (License 54018)
SpreadEx
(4/5)
Min deposit : 0
SpreadEx was established in 1999 and is used by over 60000+ traders. 62% of retail CFD accounts lose money SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835), licence in Ireland as remote bookmaker for fixed odds betting licence number 1016176
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 11200000+ traders. 74% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120)

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Losses can exceed deposits
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Losses can exceed deposits