eToro is a social trading and multi-asset brokerage platform that offers a wide range of financial instruments to trade and invest in.
Free to sign up, fees vary per trade
Best Forex.com Alternatives ranked by AI · updated May 2025
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Forex.com is a trusted forex trading platform offering a wide range of trading instruments and research tools.
Price: Varies based on account type and trading volume
Top 6 Forex.com alternatives
OANDA is a forex and CFD trading platform known for its powerful trading tools and competitive spreads.
Varies based on account type and trading volume
FXOpen is a leading online forex trading platform known for its user-friendly interface and low spreads.
Varies based on account type and trading volume
AvaTrade is an online broker for retail traders seeking access to forex, CFDs, options, and other leveraged products. It offers proprietary and...
Pros
- Offers forex, CFDs, options, and copy-trading tools in one account
- Supports MetaTrader alongside its own AvaTradeGO platform
- Provides fixed-spread pricing on selected instruments
Cons
- CFD and leveraged trading carries substantial loss risk
- Spreads can be less competitive than specialist forex brokers
- Inactivity and overnight financing fees can reduce returns
Variable spreads; no commission on most instruments; fees vary by region
Trading 212 is a mobile-first broker for retail investors and CFD traders, with stocks, ETFs and interest-bearing cash features in supported regions....
Pros
- Simpler investing experience than XTB for beginners
- Pies support recurring contributions and portfolio automation
- Offers fractional shares and commission-free stock and ETF trading in supported regions
Cons
- Fewer advanced trading tools and markets than Interactive Brokers
- CFD and invest accounts are separate products with different risks
- FX charges can matter when buying assets in another currency
Commission-free trading; FX fees and other charges vary
Plus500 is a retail trading platform focused primarily on CFDs across forex, stocks, indices, commodities, cryptocurrencies and other markets. It provides a...
Pros
- Simple interface for trading a broad CFD instrument range
- Includes guaranteed stop options in selected markets
- Strong mobile and web apps with integrated alerts
Cons
- Less suitable for algorithmic trading than MetaTrader or cTrader
- Research and chart customization are more limited than TradingView
- CFD-only exposure may not suit long-term investors
Free; spreads and other trading fees vary
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