Best Spot Trading Brokers 2026

Your capital is at risk. Trade only with funds you can afford to lose.

Tested with a live trading account Accept traders from United States

Our Top Pick in USA 1 Interactive Brokers 4.6/5 Visit

2 NinjaTrader 4.5/5 Visit

3 OKX 4.1/5 Visit

4 Moomoo 3.2/5 Visit

Compare Interactive Brokers and NinjaTrader Details

Brokers With: Spot Trading ×

Showing 5 of 9 matching brokers

Filters Order By ... Overall Rating Latest Trust & Regulation Banking & Accounts Assets & Markets Fees & Costs Platforms & Tools Research Education Customer Support iOS App Android App Most Clients Trustpilot Score

1. 1

   Interactive Brokers

   4.6/5 our rating
   Available in United States Not available in United States
   Rating breakdown

   Regulation & Trust 4.7

   Assets & Markets 4.7

   Fees & Costs 4.3

   Platforms & Tools 3.9

   Customer Support 3.0

   Education 4.3

   Research 4.7

   Accounts & Banking 3.9
   Visit Interactive Brokers Read Review

   Interactive Brokers (IBKR) is a leading brokerage offering access to over 170 markets in 40 countries and a range of investment services. With 40+ years in the industry, this Nasdaq-listed company follows strict regulations by the SEC, FCA, CIRO, SFC, Europe and beyond, making it a trusted global trading broker.

   Demo Account

   ✓

   Minimum Deposit

   $0

   Minimum Trade

   $1

   Leverage

   1:50 (major forex pairs), 1:2-1:4 (equities)

   Copy Trading

   ✗

   Regulator

   SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS

   Instruments

   Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies

   Platforms

   Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower

   Account Currencies

   USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF

   Automated Trading

   TWS API

   AI

   ✓

   Guaranteed Stop Loss

   ✗

2. 2

   NinjaTrader

   4.5/5 our rating
   Available in United States Not available in United States
   Rating breakdown

   Regulation & Trust 4.1

   Assets & Markets 3.5

   Fees & Costs 4.3

   Platforms & Tools 4.5

   Customer Support 4.0

   Education 4.0

   Research 4.0

   Accounts & Banking 3.3
   Visit NinjaTrader Read Review

   NinjaTrader is a trusted brokerage for trading futures. It offers three different pricing plans for varied needs and budgets, along with extremely low margins on popular contracts. The company's renowned charting software and trading platform provides extensive customization options and excellent technical analysis features.

   Demo Account

   ✓

   Minimum Deposit

   $0 (live trades must meet intraday margin minimums, e.g., $50 to trade micro contracts)

   Minimum Trade

   1 contract

   Leverage

   $50 intraday margins for Micro contracts and $500 for popular E-mini contracts

   Copy Trading

   ✗

   Regulator

   NFA, CFTC, CySEC

   Instruments

   Futures and options on futures, covering indices, commodities, currencies, interest rates, crypto and single stocks

   Platforms

   NinjaTrader Desktop, Web & Mobile, eSignal

   Account Currencies

   USD, EUR, GBP, CAD, AUD

   Automated Trading

   NinjaScript or via Automated Trading Interface

   AI

   ✗

   Guaranteed Stop Loss

   ✗

3. 3

   OKX

   4.1/5 our rating
   Available in United States Not available in United States
   Rating breakdown

   Regulation & Trust 2.8

   Assets & Markets 4.5

   Fees & Costs 4.0

   Platforms & Tools 3.8

   Customer Support 2.5

   Education 3.5

   Research 3.0

   Accounts & Banking 3.5
   Visit OKX Read Review

   OKX, established in 2017, is a respected cryptocurrency firm offering a wide range of products, including trading and NFTs. Traders have access to over 400 crypto tokens through OTC trading and derivatives. With a strong web platform, developer tools, and advanced charts, OKX is a popular choice for technical traders.

   Demo Account

   ✓

   Minimum Deposit

   10 USDT

   Minimum Trade

   Variable

   Leverage

   ✗

   Copy Trading

   ✓

   Regulator

   FinCEN, VARA

   Instruments

   Spot Crypto, Convert, On-Chain Staking, Web3 Wallet

   Platforms

   AlgoTrader, Quantower

   Account Currencies

   USD, EUR, GBP, INR, JPY, SGD, RUB, AED, SAR

   Automated Trading

   ✓

   AI

   ✓

   Guaranteed Stop Loss

   ✗

4. 4

   Moomoo

   3.2/5 our rating
   Available in United States Not available in United States
   Rating breakdown

   Regulation & Trust 4.2

   Assets & Markets 3.3

   Fees & Costs 3.0

   Platforms & Tools 3.0

   Customer Support 3.3

   Education 4.0

   Research 3.5

   Accounts & Banking 3.0
   Visit Moomoo Read Review

   Moomoo is a regulated trading platform overseen by trusted regulators like the SEC. It provides a simple, cost-effective method to trade in stocks, ETFs, and various assets from China, Hong Kong, Singapore, the US, and Australia. They provide the option for margin trading, along with no minimum deposit requirement, and several bonus options.

   Demo Account

   ✓

   Minimum Deposit

   $0

   Minimum Trade

   $0

   Leverage

   1:2

   Copy Trading

   ✗

   Regulator

   SEC, FINRA, MAS, SFC, ASIC, CIRO, JFSA, SC

   Instruments

   Stocks, Options, ETFs, ADRs, OTCs ,Futures

   Platforms

   Desktop Platform, Mobile App

   Account Currencies

   USD, CAD, AUD, JPY, MYR, HKD, SGD, CNY

   Automated Trading

   Moomoo OpenAPI

   AI

   ✓

   Guaranteed Stop Loss

   ✗

5. 5

   FOREX.com

   4.3/5 our rating
   Available in United States Not available in United States
   Rating breakdown

   Regulation & Trust 4.5

   Assets & Markets 4.0

   Fees & Costs 4.2

   Platforms & Tools 4.6

   Customer Support 3.9

   Education 3.9

   Research 4.8

   Accounts & Banking 4.0
   Visit FOREX.com Read Review

   74% of retail accounts lose money with this provider.

   Founded in 2001, FOREX.com is part of StoneX, a global financial services firm with over a million customers. Regulated in the US, UK, EU, Australia, and other regions, it offers thousands of markets, not just forex, with competitive pricing on advanced platforms.

   Demo Account

   ✓

   Minimum Deposit

   $100

   Minimum Trade

   0.01 Lots

   Leverage

   1:50

   Copy Trading

   ✗

   Regulator

   NFA, CFTC

   Instruments

   Forex, Futures and Options on Metals, Energies, Commodities, Indices, Bonds Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto

   Platforms

   WebTrader, Mobile, MT4, MT5, TradingView

   Account Currencies

   USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN

   Automated Trading

   Expert Advisors (EAs) on MetaTrader

   AI

   ✓

   Guaranteed Stop Loss

   ✗

Best Spot Trading 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
		✓	✓	$0	$1	1:50 (major forex pairs), 1:2-1:4 (equities)	✗	SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS	Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies	Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower	USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF	TWS API	✓	✗
		✓	✓	$0 (live trades must meet intraday margin minimums, e.g., $50 to trade micro contracts)	1 contract	$50 intraday margins for Micro contracts and $500 for popular E-mini contracts	✗	NFA, CFTC, CySEC	Futures and options on futures, covering indices, commodities, currencies, interest rates, crypto and single stocks	NinjaTrader Desktop, Web & Mobile, eSignal	USD, EUR, GBP, CAD, AUD	NinjaScript or via Automated Trading Interface	✗	✗
		✓	✓	10 USDT	Variable	✗	✓	FinCEN, VARA	Spot Crypto, Convert, On-Chain Staking, Web3 Wallet	AlgoTrader, Quantower	USD, EUR, GBP, INR, JPY, SGD, RUB, AED, SAR	✓	✓	✗
		✓	✓	$0	$0	1:2	✗	SEC, FINRA, MAS, SFC, ASIC, CIRO, JFSA, SC	Stocks, Options, ETFs, ADRs, OTCs ,Futures	Desktop Platform, Mobile App	USD, CAD, AUD, JPY, MYR, HKD, SGD, CNY	Moomoo OpenAPI	✓	✗
		✓	✓	$100	0.01 Lots	1:50	✗	NFA, CFTC	Forex, Futures and Options on Metals, Energies, Commodities, Indices, Bonds Forex, CFDs, Stock CFDs, Indices, Commodities, Futures, Options, Crypto	WebTrader, Mobile, MT4, MT5, TradingView	USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN	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

Safety Comparison

Compare how safe the Best Spot Trading Brokers 2026 are.

Broker	Trust Rating	Guaranteed Stop Loss	Negative Balance Protection	Segregated Accounts
	4.7	✗	✗	✓
	4.1	✗	✗	✓
	2.8	✗	✗	✗
	4.2	✗	✗	✓
	4.5	✗	✗	✓
Broker	Trust Rating	Guaranteed Stop Loss	Negative Balance Protection	Segregated Accounts

Mobile Trading Comparison

Compare the mobile trading features of the Best Spot Trading Brokers 2026.

Broker	Mobile Apps	iOS Rating	Android Rating	Smart Watch App
	iOS & Android	4.3	4.5	✓
	iOS & Android	3.0	3.2	✗
	Android & iOS	4.6	4.3	✗
	Yes (iOS & Android)	4.6	3.8	✗
	iOS & Android	3.6	3.8	✗
Broker	Mobile Apps	iOS Rating	Android Rating	Smart Watch App

Comparison for Beginners

Compare how suitable the Best Spot Trading Brokers 2026 are for beginners.

Broker	Demo Account	Minimum Deposit	Minimum Trade	Education Rating	Support Rating	Fractional Shares	Demo Competitions
	✓	$0	$1	4.3	3.0	✓	✗
	✓	$0 (live trades must meet intraday margin minimums, e.g., $50 to trade micro contracts)	1 contract	4.0	4.0	✗	✗
	✓	10 USDT	Variable	3.5	2.5	✓	✗
	✓	$0	$0	4.0	3.3	✓	✗
	✓	$100	0.01 Lots	3.9	3.9	✗	✗
Broker	Demo Account	Minimum Deposit	Minimum Trade	Education Rating	Support Rating	Fractional Shares	Demo Competitions

Comparison for Advanced Traders

Compare how suitable the Best Spot Trading Brokers 2026 are for advanced or professional traders.

Broker	Automated Trading	VPS	API	AI	Pro Account	Leverage	Low Latency	Extended Hours
	TWS API	✗	✓	✓	✗	1:50 (major forex pairs), 1:2-1:4 (equities)	✓	✓
	NinjaScript or via Automated Trading Interface	✗	✓	✗	✗	$50 intraday margins for Micro contracts and $500 for popular E-mini contracts	✓	✗
	✓	✗	✓	✓	✗	✗	✓	✓
	Moomoo OpenAPI	✗	✓	✓	✗	1:2	✓	✓
	Expert Advisors (EAs) on MetaTrader	✓	✓	✓	✗	1:50	✓	✗
Broker	Automated Trading	VPS	API	AI	Pro Account	Leverage	Low Latency	Extended Hours

Accounts Comparison

Compare the trading accounts offered by Best Spot Trading Brokers 2026.

Broker	Demo Account	Interest on Cash	Islamic Account	Joint Account	Managed Account	PAMM	MAM	LAMM	Pro Account
	✓	USD: 3.38%, GBP: 3.24%	✗	✓	✓	✗	✓	✗	✗
	✓	✗	✗	✓	✗	✗	✗	✗	✗
	✓	✗	✗	✗	✗	✗	✗	✗	✗
	✓	USD:3.6%	✗	✗	✗	✗	✗	✗	✗
	✓	✗	✓	✗	✗	✗	✗	✗	✗
Broker	Demo Account	Interest on Cash	Islamic Account	Joint Account	Managed Account	PAMM	MAM	LAMM	Pro Account

Detailed Rating Comparison

Compare how we rated the Best Spot Trading Brokers 2026 in key areas.

Broker	Trust	Platforms	Assets	Mobile	Fees	Accounts	Research	Education	Support
	4.7	3.9	4.7	4.4	4.3	3.9	4.7	4.3	3.0
	4.1	4.5	3.5	3.1	4.3	3.3	4.0	4.0	4.0
	2.8	3.8	4.5	4.5	4.0	3.5	3.0	3.5	2.5
	4.2	3.0	3.3	4.2	3.0	3.0	3.5	4.0	3.3
	4.5	4.6	4.0	3.7	4.2	4.0	4.8	3.9	3.9
Broker	Trust	Platforms	Assets	Mobile	Fees	Accounts	Research	Education	Support

Fee and Cost Comparison

Compare the cost of trading with the Best Spot Trading Brokers 2026.

Broker	Cost Rating	Fixed Spreads	Inactivity Fee	EUR/USD Spread	Crypto Spread
	4.3	✗	$0	0.1	0.12%-0.18%
	4.3	✗	$35	✗	Floating
	4.0	✗	$0	✗	Variable
	3.0	✗	$0	✗	0.49% per spot Bitcoin trade (US), 0.3% to 0.39% (Singapore)
	4.2	✗	$15	1.2	BTC 1.4%, ETH 2%
Broker	Cost Rating	Fixed Spreads	Inactivity Fee	EUR/USD Spread	Crypto Spread

Customer Ratings

Compare how customers of these brokers feel about them, with real user ratings from Trustpilot, the Apple App Store and Google Play.

Broker	Customers	Trustpilot Score	Trustpilot Reviews	Android App Rating	iOS App Rating
	4,300,000	3.0	5,570	4.5	4.3
	1,800,000	3.8	1,260	3.2	3.0
	50,000,000	2.5	1,774	4.3	4.6
	24,000,000	4.0	734	3.8	4.6
	450,000	4.7	2,579	3.8	3.6
Broker	Customers	Trustpilot Score	Trustpilot Reviews	Android App Rating	iOS App Rating

Broker Popularity

See how popular the Best Spot Trading Brokers 2026 are in terms of number of clients.

Broker	Popularity
OKX	50,000,000
Moomoo	24,000,000
Interactive Brokers	4,300,000
NinjaTrader	1,800,000
FOREX.com	450,000

Why Trade With Interactive Brokers?

4.6/5

Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.

Pros

• IBKR offers exceptional access to global stocks, with thousands of equities available from over 100 market centers in 24 countries, including the recent addition of the Saudi Stock Exchange.
• Interactive Brokers was awarded 'Best US Broker' for 2025 by DayTrading.com for its dedication to US traders, ultra-low margin rates, and affordable global market access.
• IBKR is a highly regarded brokerage, regulated by multiple respected authorities. This speaks to its legitimacy and standing within the online trading industry, providing peace of mind.

Cons

• IBKR offers many research tools, but access varies across trading platforms and the web-based 'Account Management' page, creating a confusing user experience.
• Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
• TWS is complex, and beginners might find it difficult to use and understand all its features.

Visit Interactive Brokers Read Review

Why Trade With NinjaTrader?

4.5/5

NinjaTrader consistently satisfies active futures traders with its low-cost service and high-quality analysis tools. It offers superior charting features, including hundreds of indicators and over 10 chart types.

Pros

• The market replay feature lets you download tick-by-tick historical data, go back to any date, and interact with it as if trading live. It's useful for strategy testing and real-world practice.
• In July 2026, NinjaTrader introduced CME Group Single Stock futures. This allows traders to take directional positions in major U.S. companies such as Nvidia and Amazon without using options.
• NinjaTrader's ecosystem offers traders access to thousands of add-ons and applications from developers in over 150 countries. These include indicators, strategies, and custom tools that extend the platform's native features.

Cons

• NinjaTrader was bought by Kraken in May 2025. Although it still operates independently, traders concerned about long-term stability may worry about changes in the platform's direction and pricing under new ownership.
• Intraday margin requirements can rise up to four times in the 15 minutes before major economic news and remain high for several minutes after volatility decreases.
• NinjaTrader was fined $250,000 in 2025 for not implementing a sufficient anti-money laundering program and for supervisory failures.

Visit NinjaTrader Read Review

Why Trade With OKX?

4.1/5

OKX is a preferred choice for traders seeking new cryptocurrencies and projects for investment. Traders can benefit from its copy trading feature and automated bots.

Pros

• Active traders will experience competitive maker and taker fees, at 0.02% and 0.05% respectively.
• Traders can access past data for spot and futures markets, which includes open-high-low-close data, cumulative trades, and trading history.
• X-Perps, introduced in 2026, offers opportunities in traditional financial assets like US stocks and commodities.

Cons

• Customer support quality varied during testing.
• The broker's platform and features might be hard to understand for new traders.
• In 2025, OKX agreed to pay over $500 million for violating U.S. AML laws.

Visit OKX Read Review

Why Trade With Moomoo?

3.2/5

Moomoo is a great option for beginner and intermediate traders aiming to diversify their investment portfolio. The brokerage's app is easily navigable and the trading fees are significantly low.

Pros

• The Moomoo AI assistant, available on the desktop software and app, offers valuable market insights for active traders.
• The broker provides early access to trading hours before the market opens.
• API Skills offers agentic investing for retail traders. Users can connect their AI agents, such as Claude or OpenAI, to Moomoo's platform to execute algorithmic strategies using natural language.

Cons

• Moomoo has received several regulatory penalties lately, including fines and orders in 2026 that temporarily halted the acceptance of some Japanese and Chinese clients.
• The account options are limited compared to similar brokerages, with no managed portfolios or robo-advisor solutions.
• No negative balance protection, a standard safety feature at top-tier regulated brokers.

Visit Moomoo Read Review

Why Trade With FOREX.com?

4.3/5

FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.

Pros

• The in-house Web Trader is a top platform for new traders, featuring a sleek design and over 80 technical indicators for market analysis.
• Educational resources include tutorials, webinars, and a YouTube channel to help you learn about financial markets.
• FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.

Cons

• Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
• FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
• US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.

Visit FOREX.com Read Review

74% of retail accounts lose money with this provider.

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How We Chose the Best Spot Brokers

To identify the top brokers for spot trading, we recorded and evaluated over 200 key factors for each provider across our extensive broker directory.

Through in-depth hands-on testing of each platform, we assessed overall reliability. We then assigned total scores and ranked the top spot trading brokers to help traders find the most efficient and trustworthy options.

What to Consider When Searching for a Top Spot Trading Broker

The key things you should check when choosing a brokerage for spot trading include:

Speed and Accuracy

Being able to execute transactions quickly and with up-to-date pricing is essential when spot trading.

Look for brokers whose trading platforms provide real-time prices, and which are optimized for the fast and straightforward placing of deals.

Pepperstone is renowned for its quick execution speeds. At the other end of the scale, Vantage‘s sluggish trading platform may make it unsuitable for spot traders to use.

Pro tip: Rapid execution is especially important in the fast-moving currency market. Find a broker where trades are typically executed in fewer than 100 milliseconds.

Liquidity

Having a dynamic platform is important. But this counts for little if a broker suffers from poor liquidity and order fulfilment issues can spring up.

So select a company that partners with multiple liquidity providers to ensure swift execution with minimal slippage, even during periods of market volatility.

Its access to deep pools of liquidity makes CMC Markets a popular choice with spot traders.

Customer Support

As spot trading requires rapid action, it’s important to find a broker that can quickly solve any problems or questions that may arise.

XTB‘s impressive client support has seen it sweep up multiple awards down the years. Its customer service team is available 24 hours a day, seven days a week via live chat, telephone and email. And traders enjoy a dedicated account manager for specific account-related issues.

Source: XTB

Regulatory Status

Traders should seek brokers who are licenced to do business by a reputable financial regulatory authority.

This ensures that you aren’t handing your personal information or money over to a ‘fly by night’ operator, and lessens your chances of falling victim to poor business practices (like price manipulation and account mismanagement).

Pro tip: Check a broker’s regulatory status on the websites of regulatory bodies. For maximum protection, try to find a company that’s authorised to deal by one or more regulators in countries with well-developed financial markets (such as the Financial Conduct Authority (FCA) in the UK).

IC has earned our confidence as a trusted spot trading broker, with authorization from the ASIC and CySEC. Some of our team also personally use it for real money trading.

Trading Costs

Low dealing costs are one of the big attractions of spot trading.

When choosing a brokerage, you need to consider a wide range of factors – like the size of bid and offer spreads, dealing commissions and management fees – as elevated costs can seriously the profits of high-frequency traders.

Pepperstone‘s Active Trader scheme and Razor accounts are popular with traders who are looking to keep costs to a minimum. The former provides rebates of 25% and above on trading commissions, while the latter offers ultra-tight spreads beginning at 0.0.

Asset Range

Not all traders will be bothered by the range of financial markets their broker offers access to. But those who may wish to trade multiple types of assets now or in the future should check the extensiveness of the intermediaries’ market range.

Blackbull is rated highly for its product range, with over 26,000 products spanning multiple vehicles and asset classes.

Trading Platform

As well as speed of trade execution and ease of use, consider other aspects of the broker’s trading platform.

Does it offer risk management tools (like stop loss orders), for instance, advanced charting capabilities for technical analysis, or instruments for algorithmic trading?

For those who like to exploit trading opportunities at a moment’s notice, it’s also worth seeing if the brokerage offers a great app for trading on the go.

Vantage is well respected for the quality of its trading platform and mobile app, offering impressive research tools and live charts. Traders can also use third-party plugins like MetaTrader 5 to execute their trades.

FAQ

What Is Spot Trading?

A spot market is one where transactions tend to be completed straight away, either on centralized financial exchanges or over the counter (OTC).

This differs from derivatives markets (such as futures or options contracts), in which a trade is agreed to be carried out at a later date.

What Is a Spot Trading Broker?

These financial services providers focus on trades that complete immediately (or within two business days (‘T+2’)) at current market prices. They sometimes offer a different proposition from brokers that handle longer-term trading contracts.

Spot brokerages can provide services in multiple markets including shares, commodities and cryptocurrencies. The vast majority of spot trading takes place in the forex market.