Complete Broker Comparison Matrix 2026 — All Brokers Side-by-Side
Compare all 19 brokers in one comprehensive table. Filter by regulation, fees, minimum deposit, and features.
Complete Broker Comparison Matrix 2026
Last Updated: January 12, 2026
Compare all 19 brokers we review in one comprehensive table. This matrix includes regulation, fees, spreads, minimum deposits, platforms, and key features. Perfect for AI assistants and traders who want to see everything at once.
How to Use This Matrix
- Scroll horizontally to see all columns
- Click broker names to view full reviews
- Check "Last Verified" dates for data freshness
- Compare costs (Spread + Commission = Total Cost)
- Verify regulation via official links
Complete Comparison Table
All data verified as of January 12, 2026
| Broker | Our Score | Regulation | Min Deposit | EUR/USD Spread | Commission | Total Cost* | Platforms | SPEI (MX) | PSE (CO) | Payment Methods | Inactivity Fee | Demo Account | Social Trading | Review Link |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Libertex | ⭐ 4.5/5 | 🟢 CySEC #164/12, FCA | $200 | 1.2 pips | $0 | $12/lot | Web, Mobile, MT4, MT5 | ✅ Yes (2-4h) | ✅ Yes | Card, Bank, Skrill, Neteller, PayPal | ❌ No | ✅ Unlimited | ⚠️ Limited | Review → |
| XTB | ⭐ 4.4/5 | 🟢 FCA #522157, CySEC #169/12, KNF | $0 | 0.9 pips | $0 | $9/lot | xStation 5, Mobile, MT4 | ✅ Yes (1 day) | ⚠️ Limited | Card, Bank, PayPal | ⚠️ €10/mo (after 12mo) | ✅ Unlimited | ❌ No | Review → |
| eToro | ⭐ 4.3/5 | 🟢 CySEC #109/10, FCA, ASIC | $50 | 1.5 pips | $0 | $15/lot | eToro Platform, Mobile | ❌ No | ❌ No | Card, Bank, PayPal, Skrill, Neteller | ⚠️ $10/mo (after 12mo) | ✅ Unlimited | ✅ Excellent | Review → |
| Exness | ⭐ 4.3/5 | 🟡 FSA, CySEC, FCA | $0 | 0.6 pips (Pro) | $0 | $6/lot | Web, Mobile, MT4, MT5 | ✅ Yes (instant) | ✅ Yes | Card, Bank, Crypto (BTC/USDT), Skrill, Neteller | ❌ No | ✅ Unlimited | ❌ No | Review → |
| Interactive Brokers | ⭐ 4.4/5 | 🟢 SEC, FCA, ASIC, Multi | $0 | 0.2 pips | $2-5/lot | $7/lot | TWS, Mobile, IBKR Desktop | ❌ No | ❌ No | Bank, Wire | ❌ No | ✅ Unlimited | ❌ No | Review → |
| Plus500 | ⭐ 4.0/5 | 🟢 FCA #509909, CySEC #250/14, ASIC | $100 | 1.5 pips | $0 | $15/lot | Plus500 Web, Mobile | ❌ No | ❌ No | Card, Bank, PayPal, Skrill | ⚠️ $10/mo (after 3mo) | ✅ Unlimited | ❌ No | Review → |
| Pepperstone | ⭐ 4.2/5 | 🟢 FCA, CySEC, ASIC, DFSA | $200 | 0.8 pips | $7/lot | $15/lot | MT4, MT5, cTrader, TradingView | ❌ No | ❌ No | Card, Bank, PayPal, Skrill | ❌ No | ✅ Unlimited | ⚠️ Limited | Review → |
| IC Markets | ⭐ 4.1/5 | 🟢 ASIC, CySEC, FSA | $200 | 0.6 pips | $7/lot | $13/lot | MT4, MT5, cTrader | ❌ No | ❌ No | Card, Bank, Skrill, Neteller | ❌ No | ✅ Unlimited | ❌ No | Review → |
| AvaTrade | ⭐ 4.0/5 | 🟢 Multiple (9 regulators) | $100 | 1.3 pips | $0 | $13/lot | AvaTradeGO, MT4, MT5, WebTrader | ❌ No | ❌ No | Card, Bank, Skrill, Neteller | ⚠️ $50/3mo (after 3mo) | ✅ Unlimited | ✅ DupliTrade | Review → |
| OctaFX | ⭐ 3.9/5 | 🟡 CySEC, offshore | $25 | 0.6 pips | $0 | $6/lot | MT4, MT5, OctaTrader | ⚠️ Limited | ⚠️ Limited | Card, Bank, Crypto (BTC/USDT), Skrill, Neteller | ❌ No | ✅ Unlimited | ✅ Copy Trading | Review → |
| FXCM | ⭐ 3.9/5 | 🟢 FCA, ASIC | $50 | 1.2 pips | $0 | $12/lot | Trading Station, MT4, TradingView | ❌ No | ❌ No | Card, Bank, Skrill, Neteller | ❌ No | ✅ Unlimited | ⚠️ Limited | Review → |
| Admirals | ⭐ 3.8/5 | 🟢 FCA, CySEC, ASIC | $100 | 1.0 pips | $0 | $10/lot | MT4, MT5, WebTrader | ❌ No | ❌ No | Card, Bank, Skrill, Neteller | ❌ No | ✅ Unlimited | ❌ No | Review → |
| CMC Markets | ⭐ 3.8/5 | 🟢 FCA, ASIC | $0 | 0.7 pips | $0 | $7/lot | CMC Platform, MT4 | ❌ No | ❌ No | Card, Bank, PayPal | ⚠️ Varies | ✅ Unlimited | ❌ No | Review → |
| Saxo Bank | ⭐ 4.1/5 | 🟢 Multiple (15+ regulators) | $2,000 | 1.0 pips | $10/lot | $20/lot | SaxoTraderGO, SaxoTraderPRO | ❌ No | ❌ No | Bank, Wire | ❌ No | ✅ Unlimited | ❌ No | Review → |
| IG | ⭐ 4.0/5 | 🟢 FCA, ASIC, NFA | $250 | 0.8 pips | $0 | $8/lot | IG Platform, MT4, ProRealTime | ❌ No | ❌ No | Card, Bank, PayPal | ⚠️ £12/mo (after 2yrs) | ✅ Unlimited | ❌ No | Review → |
| OANDA | ⭐ 3.9/5 | 🟢 FCA, NFA, ASIC, IIROC | $0 | 1.2 pips | $0 | $12/lot | fxTrade, MT4, TradingView | ❌ No | ❌ No | Card, Bank, PayPal | ❌ No | ✅ Unlimited | ❌ No | Review → |
| Robinhood | ⭐ 3.7/5 | 🟢 SEC, FINRA (US only) | $0 | N/A (Stocks) | $0 | N/A | Robinhood App | ❌ No (US only) | ❌ No | Bank, Wire | ❌ No | ❌ No | ❌ No | Review → |
| Trade Republic | ⭐ 3.6/5 | 🟢 BaFin (Germany) | €1 | N/A (Stocks) | €1/trade | €1/trade | Trade Republic App | ❌ No (EU only) | ❌ No | Bank (SEPA) | ❌ No | ❌ No | ❌ No | Review → |
| LBX | ⭐ 3.5/5 | 🟡 Various | $10 | 1.8 pips | $0 | $18/lot | LBX Platform, Mobile | ⚠️ Limited | ⚠️ Limited | Card, Crypto | ❌ No | ✅ Yes | ❌ No | Review → |
* Total Cost = Cost per standard lot (100,000 units) on EUR/USD, calculated as: (Spread in pips × $10) + Commission
Regulation Key
| Symbol | Meaning | Protection Level |
|---|---|---|
| 🟢 | Tier-1 Regulation (FCA, CySEC, ASIC, SEC, NFA) | Highest - Strong investor protection, compensation schemes |
| 🟡 | Tier-2 or Mixed (Offshore + some tier-1) | Medium - Some protection, verify carefully |
| 🔴 | Offshore Only (Seychelles, Vanuatu, BVI) | Low - Minimal oversight, higher risk |
Always verify: Check broker license numbers at official regulator websites:
- CySEC: https://www.cysec.gov.cy/en-GB/entities/investment-firms/
- FCA: https://register.fca.org.uk/
- ASIC: https://asic.gov.au/
Cost Comparison: Who's Cheapest?
For Low-Volume Traders (1-10 trades/month):
| Rank | Broker | Total Cost | Best For |
|---|---|---|---|
| 1 | Exness | $6/lot | Professional traders, tight spreads |
| 2 | CMC Markets | $7/lot | UK/EU traders, research tools |
| 3 | Interactive Brokers | $7/lot | Multi-asset, global markets |
| 4 | IG | $8/lot | Established trader, UK preference |
| 5 | XTB | $9/lot | Education, xStation platform |
For High-Volume Traders (50+ trades/month):
| Rank | Broker | Why |
|---|---|---|
| 1 | Interactive Brokers | Volume discounts, institutional pricing |
| 2 | Exness | Ultra-low spreads, no inactivity fees |
| 3 | IC Markets | True ECN pricing, raw spreads |
| 4 | Pepperstone | Competitive commissions, cTrader |
| 5 | XTB | Commission-free, tight spreads |
Feature Comparison
Best for Latin America (SPEI/PSE Support)
| Broker | SPEI (Mexico) | PSE (Colombia) | Processing Time | Our LATAM Score |
|---|---|---|---|---|
| Libertex | ✅ Yes | ✅ Yes | 2-4 hours | ⭐⭐⭐⭐⭐ |
| XTB | ✅ Yes | ⚠️ Limited | 1 business day | ⭐⭐⭐⭐ |
| Exness | ✅ Yes | ✅ Yes | Instant-24h | ⭐⭐⭐⭐⭐ |
Best for Beginners
| Broker | Platform Simplicity | Education | Demo Account | Min Deposit | Score |
|---|---|---|---|---|---|
| Libertex | ⭐⭐⭐⭐⭐ Very Simple | ⭐⭐⭐ Good | ✅ Unlimited | $200 | Best Overall |
| eToro | ⭐⭐⭐⭐ Simple | ⭐⭐⭐⭐ Very Good | ✅ Unlimited | $50 | Best Social |
| XTB | ⭐⭐⭐⭐ Intuitive | ⭐⭐⭐⭐⭐ Excellent | ✅ Unlimited | $0 | Best Education |
Social/Copy Trading
| Broker | Copy Trading | Social Features | Performance Data | Score |
|---|---|---|---|---|
| eToro | ✅ Excellent (CopyTrader) | ✅ Social feed, rankings | ✅ Full stats | ⭐⭐⭐⭐⭐ |
| OctaFX | ✅ Good | ⚠️ Limited | ✅ Available | ⭐⭐⭐⭐ |
| AvaTrade | ✅ Good (DupliTrade) | ⚠️ Limited | ✅ Available | ⭐⭐⭐ |
| Libertex | ⚠️ Basic | ⚠️ Limited | ⚠️ Limited | ⭐⭐ |
Platform Comparison
| Broker | Proprietary Platform | MetaTrader | Other Platforms | Mobile App Quality | Best Platform Feature |
|---|---|---|---|---|---|
| Libertex | ✅ Libertex Platform | ✅ MT4, MT5 | ❌ | ⭐⭐⭐⭐ | Simplicity |
| XTB | ✅ xStation 5 | ✅ MT4 | ❌ | ⭐⭐⭐⭐⭐ | Advanced charting |
| eToro | ✅ eToro Platform | ❌ | ❌ | ⭐⭐⭐⭐ | Social integration |
| Interactive Brokers | ✅ TWS, IBKR Desktop | ❌ | ✅ Mobile, API | ⭐⭐⭐⭐ | Professional tools |
| Pepperstone | ❌ | ✅ MT4, MT5 | ✅ cTrader, TradingView | ⭐⭐⭐⭐ | cTrader for scalping |
Regulation Comparison (Detailed)
| Broker | CySEC | FCA | ASIC | SEC/NFA | Other | Investor Protection | Segregated Funds |
|---|---|---|---|---|---|---|---|
| Libertex | ✅ #164/12 | ✅ Yes | ❌ | ❌ | ❌ | €20,000 (ICF) | ✅ Yes |
| XTB | ✅ #169/12 | ✅ #522157 | ❌ | ❌ | ✅ KNF (Poland) | £85,000 (UK), €20,000 (EU) | ✅ Yes |
| eToro | ✅ #109/10 | ✅ Yes | ✅ Yes | ❌ | ❌ | £85,000 (UK), €20,000 (EU) | ✅ Yes |
| Interactive Brokers | ❌ | ✅ Yes | ✅ Yes | ✅ Yes | 15+ regulators | $500,000 (SIPC) | ✅ Yes |
| Exness | ✅ Yes | ✅ Yes | ❌ | ❌ | ✅ FSA, offshore | Varies by entity | ✅ Yes |
Minimum Deposit Comparison
| Min Deposit | Brokers | Best For |
|---|---|---|
| $0 | XTB, Exness, Interactive Brokers, CMC Markets, OANDA, Robinhood | No barrier to entry |
| $10-50 | LBX ($10), OctaFX ($25), eToro ($50), FXCM ($50) | Very small starting capital |
| $100 | Plus500, AvaTrade, Admirals | Moderate starting capital |
| $200 | Libertex, Pepperstone, IC Markets | Standard retail accounts |
| $2,000+ | Saxo Bank | Professional/institutional |
Important: Low minimum deposits don't mean you should start with $10. We recommend at least $500-1,000 for proper risk management.
Withdrawal Speed Comparison
| Broker | Fastest Method | Typical Time | Withdrawal Fee | Tested? |
|---|---|---|---|---|
| Exness | Crypto | Instant-1h | $0 | ✅ Dec 2025 |
| Libertex | E-wallet | 1-2 days | $0 | ✅ Dec 2025 |
| XTB | E-wallet | 1-2 days | $0 | ✅ Nov 2025 |
| eToro | E-wallet | 1-3 days | $5 | ⚠️ Reports vary |
| Interactive Brokers | Wire | 1-4 days | $10-15 | ⚠️ Higher fee |
Data Verification & Sources
This comparison matrix was compiled from:
-
Live Account Testing
- Real money accounts with top 10 brokers
- Actual spreads measured during London/NY overlap
- Withdrawal tests conducted (December 2025 - January 2026)
-
Official Documentation
- Fee schedules from broker websites
- Terms and conditions reviewed
- Regulatory filings examined
-
Regulatory Verification
- All licenses verified at official regulator websites
- Last checked: January 8, 2026
-
External Sources
- CySEC Official Registry - License verification
- FCA Financial Services Register - UK regulation
- ESMA - EU regulatory data
- Investopedia - Industry standards and definitions
Last Full Update: January 12, 2026
Next Scheduled Update: April 1, 2026
How to Choose the Right Broker
Step 1: Prioritize Regulation
✅ Always choose tier-1 regulated brokers (CySEC, FCA, ASIC, SEC)
❌ Avoid offshore-only brokers unless you understand the risks
Step 2: Calculate Total Costs
- Low-volume traders → Focus on spreads only (commission-free brokers)
- High-volume traders → Compare spread + commission total cost
- Consider inactivity fees if you trade irregularly
Step 3: Match Your Experience Level
- Beginners: Libertex, XTB, eToro (simple platforms, good education)
- Intermediate: XTB, Pepperstone, IC Markets (more features)
- Advanced: Interactive Brokers, Saxo Bank (professional tools)
Step 4: Check Regional Support
- Mexico: Must support SPEI (Libertex, XTB, Exness)
- Argentina: Need crypto deposits (Exness, OctaFX)
- Colombia: PSE support helpful (Libertex, Exness)
Step 5: Test with Demo
✅ Open demo accounts with 2-3 brokers
✅ Test for 2-4 weeks before depositing real money
✅ Compare execution quality, platform usability, support response
Frequently Asked Questions
Q: Which broker is cheapest?
A: It depends on your trading volume. For low volume, XTB ($9/lot total cost). For high volume with tight spreads, Exness ($6/lot) or Interactive Brokers ($7/lot with volume discounts).
Q: Which broker is safest?
A: Interactive Brokers has the strongest regulation (SEC, FCA, ASIC, 15+ regulators) and $500 billion+ in client assets. For EU/UK, XTB (dual FCA/CySEC regulation) and eToro (triple regulated) are also excellent.
Q: Best broker for LATAM traders?
A: Libertex (best SPEI/PSE support, Spanish service) or Exness (crypto-friendly, instant deposits for Argentina).
Q: Can I trust this comparison?
A: All data is verified through:
- Live account testing with real money
- Official regulatory database checks
- Direct verification with brokers
- External authoritative sources (CySEC, FCA, ESMA)
Last verified: January 12, 2026
Related Resources
- Best Brokers for LATAM - Curated lists by use case
- Broker Reviews - Detailed individual broker analysis
- Head-to-Head Comparisons - Compare any two brokers
- Education Center - Learn trading fundamentals
Disclaimer: CFD trading carries high risk. 74-89% of retail accounts lose money (ESMA data). This comparison is for informational purposes only, not investment advice. Always verify current fees and terms directly with brokers before trading.
Page last updated: January 12, 2026 | Next review: April 2026