Best Spot Trading Brokers 2025

Explore the best brokers for spot trading, carefully tested and analyzed to help you capitalize on real-time market opportunities with straightforward transactions.

Author Image Writer
Royston Wild
Checker Image Fact Checker
Tobias Robinson
Editor Image Editor
James Barra
Brokers With:
Spot Trading
Showing top 5 of 46 matching brokers.
  1. 1
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.3
    Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
    Demo Account
    Yes
    Minimum Deposit
    $0
    Minimum Trade
    $100
    Leverage
    1:50
    Copy Trading
    No
    Regulator
    FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM
    Instruments
    Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, 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
    Capitalise.ai & TWS API
    AI
    Yes
    Guaranteed Stop Loss
    No
  2. 2
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5
    NinjaTrader is a US-based brokerage regulated 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
    Yes
    Minimum Deposit
    $0
    Minimum Trade
    0.01 Lots
    Leverage
    1:50
    Copy Trading
    No
    Regulator
    NFA, CFTC
    Instruments
    Forex, Stocks, Options, Commodities, Futures, Crypto
    Platforms
    NinjaTrader Desktop, Web & Mobile, eSignal
    Account Currencies
    USD
    Automated Trading
    NinjaScript or via Automated Trading Interface
    AI
    No
    Guaranteed Stop Loss
    No
  3. 3
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.4
    Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms.
    Demo Account
    Yes
    Minimum Deposit
    $100
    Minimum Trade
    0.01 Lots
    Leverage
    1:50
    Copy Trading
    No
    Regulator
    NFA, CFTC
    Instruments
    Forex, Stock CFDs, Futures, Futures Options
    Platforms
    WebTrader, Mobile, MT4, MT5, TradingView
    Account Currencies
    USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN
    Automated Trading
    Expert Advisors (EAs) on MetaTrader
    AI
    Yes
    Guaranteed Stop Loss
    No
  4. 4
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5
    OANDA is a well-known broker that excels in quick trade executions, a low deposit requirement, 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.
    Demo Account
    Yes
    Minimum Deposit
    $0
    Minimum Trade
    0.01 Lots
    Leverage
    1:50
    Copy Trading
    No
    Regulator
    NFA, CFTC
    Instruments
    Forex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA)
    Platforms
    OANDA Trade, MT4, TradingView, AutoChartist
    Account Currencies
    USD, EUR, GBP, CAD, AUD, JPY, CHF, HKD, SGD
    Automated Trading
    Expert Advisors (EAs) on MetaTrader
    AI
    Yes
    Guaranteed Stop Loss
    Yes
  5. 5
    Trust Platform Assets Fees Accounts Research Education Mobile Support 4.3
    Moomoo is a regulated trading platform which is controlled by 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 deposit account and several bonus options.
    Demo Account
    Yes
    Minimum Deposit
    $0
    Minimum Trade
    $0
    Leverage
    1:2
    Copy Trading
    No
    Regulator
    SEC, FINRA, MAS, ASIC, SFC
    Instruments
    Stocks, Options, ETFs, ADRs, OTCs
    Platforms
    Desktop Platform, Mobile App
    Account Currencies
    USD, HKD, SGD
    Automated Trading
    No
    AI
    No
    Guaranteed Stop Loss
    No

Best Spot Trading Brokers Comparison

Broker
US Flag
USD Account
Demo Account
Minimum Deposit
Minimum Trade
Leverage
Copy Trading
Regulator
Instruments
Platforms
Account Currencies
Automated Trading
AI
Guaranteed Stop Loss
Interactive Brokers
$0 $100 1:50 FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, CFDs, 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 Capitalise.ai & TWS API
NinjaTrader
$0 0.01 Lots 1:50 NFA, CFTC Forex, Stocks, Options, Commodities, Futures, Crypto NinjaTrader Desktop, Web & Mobile, eSignal USD NinjaScript or via Automated Trading Interface
FOREX.com
$100 0.01 Lots 1:50 NFA, CFTC Forex, Stock CFDs, Futures, Futures Options WebTrader, Mobile, MT4, MT5, TradingView USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN Expert Advisors (EAs) on MetaTrader
OANDA US
$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
Moomoo
$0 $0 1:2 SEC, FINRA, MAS, ASIC, SFC Stocks, Options, ETFs, ADRs, OTCs Desktop Platform, Mobile App USD, HKD, SGD
Broker
US Flag
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 2025 are.

Broker
Trust Rating
Guaranteed Stop Loss
Negative Balance Protection
Segregated Accounts
Interactive Brokers
4.5
NinjaTrader
4.3
FOREX.com
4.9
OANDA US
4.5
Moomoo
4.7
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 2025.

Broker
Mobile Apps
iOS Rating
Android Rating
Smart Watch App
Interactive Brokers iOS & Android
4.3
4.5
NinjaTrader iOS & Android
3.0
3.2
FOREX.com iOS & Android
3.6
3.8
OANDA US iOS & Android
4.7
3.7
Moomoo Yes (iOS & Android)
4.6
3.3
Broker
Mobile Apps
iOS Rating
Android Rating
Smart Watch App

Comparison for Beginners

Compare how suitable the Best Spot Trading Brokers 2025 are for beginners.

Broker
Demo Account
Minimum Deposit
Minimum Trade
Education Rating
Support Rating
Fractional Shares
Demo Competitions
Interactive Brokers $0 $100
4.3
3.0
NinjaTrader $0 0.01 Lots
4.0
4.0
FOREX.com $100 0.01 Lots
4.5
4.3
OANDA US $0 0.01 Lots
3.8
3.5
Moomoo $0 $0
4.4
2.8
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 2025 are for advanced or professional traders.

Broker
Automated Trading
VPS
API
AI
Pro Account
Leverage
Low Latency
Extended Hours
Interactive Brokers Capitalise.ai & TWS API 1:50
NinjaTrader NinjaScript or via Automated Trading Interface 1:50
FOREX.com Expert Advisors (EAs) on MetaTrader 1:50
OANDA US Expert Advisors (EAs) on MetaTrader 1:50
Moomoo 1:2
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 2025.

Broker
Demo Account
Interest on Cash
Islamic Account
Joint Account
Managed Account
PAMM
MAM
LAMM
Pro Account
Interactive Brokers USD: 4.8%, GBP: 4.7%
NinjaTrader
FOREX.com
OANDA US
Moomoo USD: 5.1%
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 2025 in key areas.

Broker
Trust
Platforms
Assets
Mobile
Fees
Accounts
Research
Education
Support
Interactive Brokers
4.5
3.3
4.7
4.4
4.3
3.5
4.4
4.3
3.0
NinjaTrader
4.3
4.5
2.9
3.1
4.3
2.8
4.0
4.0
4.0
FOREX.com
4.9
4.6
4.3
3.7
4.6
4.0
4.8
4.5
4.3
OANDA US
4.5
4.5
2.8
4.2
4.0
3.5
4.3
3.8
3.5
Moomoo
4.7
3.0
3.0
4.0
3.8
3.3
3.8
4.4
2.8
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 2025.

Broker
Cost Rating
Fixed Spreads
Inactivity Fee
CFD Stocks Spread
EUR/USD Spread
Crypto Spread
Interactive Brokers
4.3
$0 0.003 0.08-0.20 bps x trade value 0.12%-0.18%
NinjaTrader
4.3
$25 1.3 Floating
FOREX.com
4.6
$15 0.14 1.2 BTC 1.4%, ETH 2%
OANDA US
4.0
$0 1.6 $100
Moomoo
3.8
$0 $0 per trade
Broker
Cost Rating
Fixed Spreads
Inactivity Fee
CFD Stocks Spread
EUR/USD Spread
Crypto Spread

Broker Popularity

See how popular the Best Spot Trading Brokers 2025 are in terms of number of clients.

Broker Popularity
Moomoo
24,000,000
Interactive Brokers
3,500,000
NinjaTrader
1,800,000
FOREX.com
450,000

Why Trade With Interactive Brokers?

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.
Christian Harris
Review Author

Pros

  • IBKR is a highly regarded brokerage, regulated by prime authorities. This ensures the safety and reliability of your trading account.
  • 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.
  • IBKR provides a cost-effective platform for traders by offering low fees, narrow spreads, and clear pricing.

Cons

  • 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.
  • IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
  • TWS's platform may be difficult for beginners to grasp because of its complexity. Plus500's web platform, on the other hand, is more appropriate for those new to trading.

Why Trade With NinjaTrader?

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

  • You can access thousands of applications and add-ons from developers worldwide for trading.
  • Traders can access a free platform and trade simulation capabilities with the unlimited demo.
  • NinjaTrader provides detailed charting software for active traders, complete with custom technical indicators and widgets.

Cons

  • Some payment methods require a withdrawal fee.
  • The advanced trading tools require an additional fee.
  • You need to register with partner brokers to trade in securities other than forex and futures.

Why Trade With FOREX.com?

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.
Christian Harris
Review Author

Pros

  • Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
  • The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
  • 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

  • The funding options are not as extensive as those of top competitors such as IC Markets and lack several widely-used e-wallets, particularly UnionPay and POLi.
  • US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
  • 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.

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

  • Traders can experience quick and dependable order execution.
  • You can start trading as a beginner with no minimum initial deposit required.
  • Experienced traders can use top-notch tools like an MT4 premium upgrade and advanced charting from MotiveWave.

Cons

  • The trading markets are limited to only forex and cryptocurrencies.
  • Customer support is not accessible during weekends.
  • Few payment options are available and e-wallets are not supported.
Go to OANDA US
CFDs are not available to residents in the United States.

Why Trade With Moomoo?

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 Token' produces changing passwords to enhance transaction security - a distinctive and practical safety measure for traders.
  • The broker requires no minimum deposit, making it suitable for beginner traders.
  • Moomoo is a FINRA and SIPC member, providing additional security for potential clients interested in trading.

Cons

  • The protection against negative balance, a standard security measure at highly regulated brokers, is not available here.
  • The broker doesn't offer phone or live chat support, options typically provided by other brokers.
  • Regrettably, even with its existing security features, this platform still lacks 2 factor authentication (2FA).
Top Pick
Visit
LOADING...
Close

Filters

Loading...

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.

BrokerListings.com Broker Testing Methodology

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.

Chart on XTB's trading platform

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 Markets 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.

Saxo Bank offers by far the largest selection of assets we’ve seen (it offers trading on more than 70,000 markets and trading vehicles). Blackbull Markets is also rated highly for its product range.

Spot trading on Saxo's platform

Saxo Bank

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.