Forex Broker Reviews
Best Forex Brokers for 2025

With hundreds of online brokers competing for attention, finding the best forex brokers in 2025 can be a real challenge. Our team at FX Trust Score has conducted independent, data-led research to identify which brokers truly deliver on their promises, separating genuine quality from marketing hype.

Using our proprietary FX Trust Score Index, each broker was evaluated across a broad set of measurable factors, including regulation, pricing, platforms, trading conditions, customer service and overall transparency. The result is a carefully curated list of trusted brokers that meet the highest standards of reliability and performance.

To help traders save time and avoid unnecessary risk, we’ve compiled the Best Forex Broker Leaderboard, showcasing the brokers that consistently scored well across every category.

Forex Broker Reviews
Best Forex Brokers 2025 Leaderboard

Pepperstone
Score: 4.85 / 5

Best Forex Broker Winner

✅ Tight Spreads on 1,200+ Instruments
✅ Choice of Multiple Platforms
✅ Vast Educational Resources
✅ Advanced Trading Toolkit
✅ 24/7 Multilingual Support

*Trading carries a risk of loss

Interactive Brokers

Interactive Brokers
Score: 4.35 / 5

2

✅ 24 Account Base Currencies
✅ Range of Proprietary Platforms
✅ ‘IBKR BestX’ Advanced Trading Toolkit 
✅ No TRX Fees on 150+ ETFs 
✅ ‘IBKR Campus’ Trading Academy

*Trading carries a risk of loss

Admirals
Score: 4.30 / 5

3

✅ 8,000+ Instruments
✅ Top Educational Resources
✅ User-Friendly Demo Account
✅ ‘MetaTrader Supreme Edition’ Tools

*Trading carries a risk of loss

Saxo Bank - Best Forex Broker for Beginners

Saxo
Score: 4.20 / 5

✅ 71,000+ Instruments
✅ 190+ Major & Minor Pairs
✅ Proprietary Trading Platforms
✅ Danish Bank Regulated in 15 Countries

*Trading carries a risk of loss

HF Markets
Score: 4.15 / 5

✅ Regulated by Tier-1 Authorities
✅ Powerful ‘HFcopy’ Account Type
✅ Attractive Promos & Bonuses
✅ Responsive Customer Support

*Trading carries a risk of loss

Forex Broker Reviews
Score Breakdown

See the breakdown showing how the Best Forex Brokers for 2025 performed across six important criteria in our FX Trust Score Index.

Regulatory ComplianceSecurity & Fund Protection
Admirals5/5Admirals5/5
HF Markets5/5HF Markets5/5
Interactive Brokers5/5Interactive Brokers5/5
Pepperstone5/5Saxo Bank5/5
Saxo Bank5/5Admirals5/5
Customer SupportTrading Conditions
Pepperstone5/5Interactive Brokers5/5 
Admirals3/5Admirals4/5 
HF Markets3/5Pepperstone4/5 
Interactive Brokers3/5Saxo Bank4/5
Saxo Bank3/5HF Markets3/5
Trading PlatformsOnline Reputation
Admirals5/5Pepperstone5/5
HF Markets5/5Admirals4/5
Pepperstone5/5HF Markets4/5
Interactive Brokers4/5Interactive Brokers4/5
Saxo Bank4/5Saxo Bank4/5

*Where scores are tied, brokers are listed in alphabetical order.

Forex Broker Reviews
The FXTS Verdict

After detailed assessment, Pepperstone secured the top position as the Best Forex Broker for 2025. The company earned its ranking through its wide platform choice, ultra-fast execution speeds, advanced trading tools and 24/7 multilingual support. Its focus on fair pricing and robust regulation also make it a reliable option for traders of all experience levels.

Interactive Brokers followed closely behind, praised for its comprehensive trading academy, market analysis resources and institutional-grade trading environment. Admirals performed strongly thanks to its educational depth and client-focused tools, while Saxo Bank was recognised for its broad instrument coverage and strong product diversity. HF Markets, meanwhile, stood out for its high-quality copy trading options and excellent account flexibility.

Forex Broker Reviews
How did we choose the Best Forex Brokers for 2025?

To produce our 2025 rankings, we reviewed dozens of brokers using a strict scoring framework within the FX Trust Score Index. Each firm was rated against multiple criteria, including licensing and regulation, fund safety, customer experience, trading conditions, platform quality and online reputation.

This structured approach ensures that only brokers meeting high levels of compliance, reliability and transparency make it onto our list. Whether you’re a beginner looking for an intuitive trading setup or an experienced trader seeking advanced analytical tools, our findings are designed to help you identify a broker that aligns with your goals in 2025.

Forex Broker Reviews
FAQs

A forex broker, or foreign exchange broker, is a financial services company that acts as an intermediary, providing traders with access to a platform that facilitates the buying and selling foreign currencies. They provide platforms, either proprietary or third-party, which feature various tools and resources that enable traders to speculate on the price movements of different currency pairs.

Pepperstone is the best forex broker, according to the detailed research conducted in the article above. An overall assessment was made based on a range of ratings criteria, as calculated via the in-house FX Trust Score Index. Examined factors included regulatory compliance, security and fund protection, customer support, trading conditions, trading platforms, and online reputation.

The most trusted forex brokers are ones that are fully licensed and authorised by top-tier regulatory bodies. Each of the five forex brokers listed above are regulated, which ensures the safety and protection of client funds through segregated accounts, negative balance protection, and other security measures. Trusted brokers also tend to be more transparent about their trading fees, while also presenting reliable platforms and offering responsive customer support.

Most traders typically prefer to open an account with an established online broker that has a strong online reputation. Certain brokers offer a more comprehensive range of features compared to others, such as a greater choice of platforms, varied account types, and more competitive trading conditions. For a breakdown of the best forex brokers that are popular with traders, take a look at the article above.

The safest forex brokers are ones that are fully licensed and authorised by multiple tier-1 regulators, particularly from the national bodies from the US, UK, Japan, and the EU. Regulated brokers are the safest option for traders as they are expected to adhere to strict financial standards relating to client fund security. To avoid sanctions from the regulators, these companies must ensure that they meet the various rules and regulations imposed on them. This includes maintaining the segregation of client funds, implementing negative balance protection, and offering risk management tools to help traders safeguard their investments.

Publication date: 22/05/2024
Author: FX Trust Score

Last updated on October 14, 2025

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