Best Market Maker Brokers 2025
Explore our expert-tested list of top market maker brokers – offering deep liquidity, fast execution, and tight spreads to elevate your trading edge.
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1Plus500 is a reputable broker that began operating in the US in 2021. It is accredited by the CFTC and NFA to provide futures trading on forex, indices, commodities, cryptocurrencies, and interest rates. The creation of an account on Plus500 takes only 10 minutes, and you need a minimum of $100 to start trading. Its user-friendly web platform makes it a strong choice for US traders.
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2OANDA is a well-known company that excels in quick trade executions, low deposit necessities, and impressive charting and trading platform functions. The highly-regarded brand has over 25 years of expertise and is overseen by reliable authorities like the NFA/CFTC. It provides 24/7 support for traders and offers flexible contract sizes with automated trade executions.
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3Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience.
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4XM is a well-known forex and CFD broker with over 10 million clients in more than 190 countries. Since 2009, this reliable broker has provided low trading fees on over 1000 instruments. It is highly regulated by bodies such as ASIC and CySEC and offers a complete MetaTrader experience.
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5Established in 2008, Exness is a respected broker known for offering over 40 account currencies, a wide choice of CFD instruments, and an intuitive web platform with features like currency converters and trading calculators.
Top Market Maker Brokers Comparison
| Broker |  |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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✓ | ✓ | $100 | 0.0 Lots | ✗ | ✗ | CFTC, NFA | Futures on Cryptocurrencies, Metals, Agriculture, Forex, Interest rates, Energy, Equity Index future contracts | WebTrader, App | USD | ✗ | ✗ | ✗ | |
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✓ | ✓ | $0 | 0.01 Lots | 1:50 | ✗ | NFA, CFTC | Forex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA) | OANDA Trade, MT4, TradingView, AutoChartist | USD, EUR, GBP, CAD, AUD, JPY, CHF, HKD, SGD | Expert Advisors (EAs) on MetaTrader | ✗ | ✓ | |
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✓ | ✓ | $300$100 | 0.01 Lots | 1:30 (Retail) 1:400 (Pro) | ✓ | ASIC, CySEC, FSCA, ISA, CBI, FSA, FSRA, BVI, ADGM, CIRO, AFM | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingCentral, DupliTrade | USD, EUR, GBP, CAD, AUD | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $5 | 0.01 Lots | 1:10001:30 | ✓ | ASIC, CySEC, DFSA, IFSC | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies | MT4, MT5, TradingCentral | USD, EUR, GBP, JPY | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
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✓ | ✓ | $10 | 0.01 Lots | 1:Unlimited | ✓ | CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC | CFDs, Forex, Stocks, Indices, Commodities, Crypto | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, DKK, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY | Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | |
| Broker | |
USD Account |
Demo Account |
Minimum Deposit |
Minimum Trade |
Leverage |
Copy Trading |
Regulator |
Instruments |
Platforms |
Account Currencies |
Automated Trading |
AI |
Guaranteed Stop Loss |
How Secure Are the Leading Market Maker Brokers?
Discover how top market maker brokers protect your funds with transparent practices:
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
|---|---|---|---|---|
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✗ | ✗ | ✓ | |
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✓ | ✗ | ✗ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
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✗ | ✓ | ✓ | |
| Broker | Trust Rating |
Guaranteed Stop Loss |
Negative Balance Protection |
Segregated Accounts |
Mobile Trading Comparison
We tested the best market maker brokers' mobile apps for speed, execution accuracy, and user experience - here's how they perform on the go:
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
|---|---|---|---|---|
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS & Android | ✗ | ||
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iOS, Android & Windows | ✗ | ||
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iOS & Android | ✗ | ||
| Broker | Mobile Apps |
iOS Rating |
Android Rating |
Smart Watch App |
Are the Best Market Maker Brokers Suitable for Beginner Traders?
Explore how market maker brokers offer user-friendly platforms, demo accounts, and educational resources that make trading accessible for beginners:
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
|---|---|---|---|---|---|---|---|
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✓ | $100 | 0.0 Lots | ✗ | ✗ | ||
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✓ | $0 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $300$100 | 0.01 Lots | ✗ | ✗ | ||
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✓ | $5 | 0.01 Lots | ✓ | ✓ | ||
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✓ | $10 | 0.01 Lots | ✗ | ✗ | ||
| Broker | Demo Account |
Minimum Deposit |
Minimum Trade |
Education Rating |
Support Rating |
Fractional Shares |
Demo Competitions |
Are the Best Market Maker Brokers Ideal for Experienced Traders?
Advanced traders benefit from market maker brokers' tight spreads, fast execution, and advanced tools, designed to enhance sophisticated trading strategies:
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
|---|---|---|---|---|---|---|---|---|
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✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✗ | ✗ | ✗ | ✗ | 1:50 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✗ | ✓ | ✗ | ✓ | 1:30 (Retail) 1:400 (Pro) | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✗ | 1:10001:30 | ✓ | ✗ |
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Expert Advisors (EAs) on MetaTrader | ✓ | ✗ | ✗ | ✓ | 1:Unlimited | ✓ | ✗ |
| Broker | Automated Trading |
VPS |
API |
AI |
Pro Account |
Leverage |
Low Latency |
Extended Hours |
Accounts Comparison
Compare the trading accounts offered by Best Market Maker Brokers 2025.
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
|---|---|---|---|---|---|---|---|---|---|
|
✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | USD: 2.7% | ✓ | ✗ | ✗ | ✓ | ✓ | ✗ | ✓ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✗ |
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✓ | ✗ | ✓ | ✗ | ✗ | ✗ | ✗ | ✗ | ✓ |
| Broker | Demo Account |
Interest on Cash |
Islamic Account |
Joint Account |
Managed Account |
PAMM |
MAM |
LAMM |
Pro Account |
Compare Market Maker Broker Ratings
Find out how the top market maker brokers rank across crucial factors like fees, trading tools, and customer support based on our expert ratings:
| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
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| Broker | Trust |
Platforms |
Assets |
Mobile |
Fees |
Accounts |
Research |
Education |
Support |
Market Maker Broker Fee Comparison
Trading fees can eat into your profits - here’s a breakdown of how top market maker brokers compare on spreads, inactivity fees, and overall pricing structures:
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
|---|---|---|---|---|---|---|
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✗ | $0 | ✗ | 0.75 | ✗ | |
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✗ | $0 | ✗ | 1.6 | $100 | |
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✓ | $50 | 0.13 | 0.9 | BTC <1%, ETH 2% | |
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✗ | $5 | 0.002 | 0.8 | Variable | |
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✗ | $0 | 0.5 (Apple Inc.) | 0.0 | Floating | |
| Broker | Cost Rating |
Fixed Spreads |
Inactivity Fee |
CFD Stocks Spread |
EUR/USD Spread |
Crypto Spread |
How Popular Are the Best Market Maker Brokers?
Traders often consider the popularity of a broker as key indicators of reliability and efficient execution in the market:
Why Trade With Plus500 US?
Plus500 US is an excellent choice for beginners, offering a user-friendly platform, low trading margins, and access to the Futures Academy to improve trading skills. Its strong tools and reliable service earned it second place in DayTrading.com's 'Best US Broker' award.
Pros
- The trading app offers an excellent user interface with an updated design, straightforward layout, and charts optimized for mobile use.
- The Futures Academy is a useful resource for beginner traders due to its captivating videos and simple articles. Its unrestricted demo account is also beneficial for practicing trading strategies.
- The account setup, pricing structure, and web platform make futures trading simpler than competitors like NinjaTrader.
Cons
- Despite its competitive pricing, Plus500 US does not offer a discount for high-volume traders, a feature that brokers such as Interactive Brokers provide.
- Plus500 US doesn't include social trading features, unlike platforms such as eToro US. Including this feature may benefit potential traders.
- The private trading platform is easy to use, but doesn't have the advanced analysis tools that platforms like MetaTrader 4 do.
Why Trade With OANDA US?
OANDA is a reputable broker for US traders. It offers user-friendly tools for analysis and a simple sign-up process. It is very trustworthy due to heavy regulation.
Pros
- The broker provides clear pricing without any concealed fees.
- Traders can experience quick and dependable order execution.
- The broker's API provides access to extensive historical data from the past 25 years and rates from over 200 currencies for traders.
Cons
- Customer support is not accessible during weekends.
- The trading markets are limited to only forex and cryptocurrencies.
- Few payment options are available and e-wallets are not supported.
Why Trade With AvaTrade?
AvaTrade provides traders with essential tools: an intuitive WebTrader, strong AvaProtect risk management, a quick 5-minute sign-up, and reliable support for fast-paced markets.
Pros
- AvaTrade's support team did well in tests, responding within 3 minutes and providing local support in major regions like the UK, Europe, and the Middle East.
- AvaTrade enhances its products with AvaFutures, offering an alternative to trade over 35 markets with low trading margins.
- The WebTrader performed well in our tests, featuring an easy-to-use interface for beginners and strong charting tools, including 6 chart layouts and over 60 technical indicators.
Cons
- AvaTrade’s WebTrader has improved, but it needs more customization as widgets like market watch and watchlists can't be hidden, moved, or resized.
- The AvaSocial app is satisfactory but could be better. Its design, usability, and navigation between strategy providers and account management need improvement to compete with top platforms like eToro.
- Signing up is easy, but AvaTrade doesn't offer an ECN account like Pepperstone or IC Markets, which provides raw spreads and fast execution that many traders want.
Why Trade With XM?
With a $5 minimum deposit, advanced charting on MT4 and MT5, a growing range of markets, and a Zero account with spreads from 0.0, XM offers what traders need. They have even won our 'Best MT4/MT5 Broker' award recently.
Pros
- XM's customer support has proven reliable, offering 24/5 service in 25 languages, response times under 2 minutes, and a growing Telegram channel.
- XM excels in trader education by providing well-organized resources like webinars, tutorials, and live trading sessions via XM Live.
- XM’s Zero account is ideal for trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, without requotes or rejections.
Cons
- XM is lagging because it doesn’t offer cTrader and TradingView, which are now preferred over MetaTrader for their better user interface and charting tools.
- XM only uses the MetaTrader platforms for desktop trading, offering no in-house downloadable or web-based solutions with unique features for beginners.
- The XM global entity is generally reliable and well-regulated but is registered with the less robust IFSC regulator. It no longer accepts UK clients, limiting its market reach.
Why Trade With Exness?
Exness is an excellent choice for active forex traders aiming to reduce costs after lowering spreads, enhancing execution speeds, and offering trading on over 100 currency pairs with more than 40 account currencies.
Pros
- Fast and reliable 24/7 multilingual customer support through phone, email, and live chat, validated by practical tests.
- Exness Terminal provides an easy experience for beginners with interactive charts, and creating watchlists is simple.
- Wide variety of account types for all experience levels, including Cent, Pro, and the new Raw Spread, ideal for traders.
Cons
- Retail trading services are not available in some areas, such as the US and UK, which limits access compared to leading brokers like Interactive Brokers.
- Besides a mediocre blog, educational resources are lacking, especially compared to category leaders like IG, which offer a more comprehensive trading journey for new traders.
- Exness has increased its variety of CFDs and introduced a copy trading feature, but it still lacks real assets like ETFs, cryptocurrencies, or bonds.
Filters
How We Chose The Best Market Maker Brokers
We tested a range of market maker brokers, evaluating over 200 factors per provider, such as trading features, execution speed, and pricing, to identify those offering the best value for traders.
Using our comprehensive rating system, we’ve ranked the top market maker brokers for 2025.
What To Look For in a Top Market Maker Broker
Drawing on our extensive hands-on testing and years of experience in the trading space, we’ve identified the key factors that set top market maker brokers apart from the rest:
Regulatory Status
When selecting a market maker broker, it’s essential to choose one that is regulated by a trusted financial authority.
Market maker brokers, which quote their own buy and sell prices, can be more susceptible to potential conflicts of interest, making strong regulatory oversight even more critical.
Trusted regulators, such as the US Securities and Exchange Commission (SEC) and the US Commodity Futures Trading Commission (CFTC), provide protections against fraudulent practices and ensure brokers adhere to high standards of transparency and fairness.
Pro tip: Regulators often maintain lists of licensed brokers and issue warnings about unauthorized operators, helping traders avoid potentially unreliable platforms.
Top pick for regulatory status: IG stands out as our safest market maker broker, holding licenses from several top-tier regulators including the CFTC (US), FCA (UK), and BaFin (Germany). Their robust regulatory framework provides traders with the confidence that their trades are executed in a fair and transparent environment – that’s why some of our team personally trade with IG.
Asset Range
Modern traders have access to a broad range of assets, but we’ve found the selection can vary significantly between market maker brokers, especially when it comes to the types of instruments they offer.
While this might not pose an issue for traders focused on a narrow selection of assets, it could limit the ability to seize sudden trading opportunities across different markets, which is crucial for active traders.
Top pick for asset range: XTB stands out from our tests by offering a diverse range of assets, including forex, equities, indices, exchange-traded funds (ETFs), cryptocurrencies, and contracts for difference (CFDs). This wide selection ensures traders have ample opportunities to diversify and respond quickly to market shifts.
XTB Trading Platform
Trading Costs
Thanks to their (typically) narrower bid and offer spreads, employing the services of a market maker broker can be far more cost-effective, especially for high-frequency traders.
However, these intermediaries often make up for this by increasing other dealing costs. Transaction fees, withdrawal and deposit charges, account management fees and inactivity fees can be much more unfavorable as a result.
Top pick for trading costs: CMC Markets trumped most of the competition in our pricing tests thanks to its low charges and narrow bid and offer spreads. What’s more, its Alpha and Price+ subscriptions (offering discounts of up to 40%) are highly advantageous for high-volume traders.
Trading Interface
It’s important to choose a brokerage whose trading platform is intuitive and easy to navigate, and which offers a variety of tools to support effective and informed trading.
Things to consider include:
- The availability of real-time data for analysis.
- Whether the interface can be customized.
- How simply trades can be executed.
- If the trading platform offers advanced charting tools.
- Whether the platform offers risk management tools (like stop loss and take profit orders).
- The range of investing guides, analyst reports and other educational material.
Pro tip: Some brokers only allow individuals to trade using their own proprietary software, but some also permit traders to use third-party platforms. Bear this in mind if you have a particular platform you like to use.
Top pick for trading platform: As well as offering its own in-house trading software, easyMarkets lets traders go to work with a variety of third-party platforms (like MetaTrader 4 and 5 and TradingView). The broker also allows trading via a dedicated mobile app that we found a breeze to use during testing.
easyMarkets Trading Platform
FAQ
What Is A Market Maker Broker?
Market makers keep the financial industry moving by continuously quoting buy (bid) and sell (offer) prices, allowing trades to be reliably executed regardless of the number of traders in the market.
Brokerages, on the other hand, act solely as a middleman bringing buyers and sellers together. They typically rely on exchanges to execute orders.
While these are two separate types of intermediaries, some brokerages also act as market makers.
What Are The Pros Of Using A Market Maker Broker?
- Superior liquidity, meaning trades can be executed more quickly and at lower costs due to lower bid and offer spreads.
- Faster trade execution compared with brokers who rely on exchanges or third parties to match buyers and sellers, as the business acts as the trading counterparty.
- Narrower spreads, as market maker brokers set their own bid and offer levels.
- Maker-taker fee structures – where an intermediary provides traders with a cash rebate for providing liquidity – can reduce an individual’s dealing costs.
What Are The Cons Of Using A Market Maker Broker?
- Potential conflicts of interest, as the intermediary is on the other side of an individual’s trade.
- Limited transparency compared with standard brokers, meaning asset pricing may not accurately reflect true market conditions.
- Spreads are often widened during volatile market conditions, pushing up trader costs in the process.
How Do Market Maker Brokers Make Money?
The primary source of earnings for market maker brokers is the bid and offer spread.
By purchasing securities at the bid price and selling them at the offer price, they profit from the difference between the two.
Do Market Maker Brokers Manipulate Prices?
Market makers set the buying and selling prices, so they could manipulate them. However, strong competition helps keep the price differences tight.
Choosing a broker registered with a respected authority can help protect you from this risk.