About Neil C
Neil C is a financial markets analyst specialising in forex broker evaluation with over 10 years of hands-on trading experience. He has personally opened and tested live accounts with more than 40 brokers, evaluating everything from execution speed and slippage to withdrawal reliability and customer support responsiveness.
Before founding BrokerAudit, Neil spent six years as a proprietary trader focusing on major and cross currency pairs. This real-world trading background informs his methodology — he evaluates brokers the way a trader would, not just by checking boxes on a feature list.
Neil holds certifications in financial markets analysis and has contributed forex broker research to multiple financial publications. His reviews at BrokerAudit follow a rigorous 80+ data point methodology across seven scoring categories, with every score backed by verifiable data.
Reviews by Neil C
Pepperstone combines razor-sharp spreads with the widest platform selection in the industry — MT4, MT5, cTrader, and TradingView — making it the best all-rounder for experienced traders.
IC Markets is the top choice for scalpers and algo traders, offering the tightest raw spreads in the industry with institutional-grade execution.
IG is the most established forex broker on this list, publicly traded on the LSE since 2000, offering unmatched instrument range and rock-solid regulation.
CMC Markets offers one of the largest instrument ranges in the industry (12,000+) with an award-winning Next Generation platform.
FP Markets is a strong all-rounder for MT4/MT5 traders, offering competitive raw spreads, 10,000+ instruments, and solid ASIC/CySEC regulation.
XTB's award-winning xStation 5 platform and comprehensive education hub make it an excellent choice for beginners and intermediate traders in the EU.
Exness leads the industry in trading volume and offers exceptionally low deposits with raw spreads, though most retail clients trade through offshore entities.
Tickmill is a low-cost ECN broker that excels in raw spread pricing and fast execution, making it particularly attractive for scalpers.
XM is an excellent choice for beginners with its ultra-low $5 minimum deposit, extensive educational resources, and beginner-friendly interface.
AvaTrade stands out as the best broker for beginners, with an award-winning educational platform, multiple copy trading options, and a user-friendly mobile app.
OANDA is a trusted name with 28+ years of history and strong US regulation, ideal for traders who prioritize regulatory safety and flexible trade sizing.
Eightcap stands out for native TradingView integration and 120+ crypto CFDs with triple Tier 1 regulation (ASIC, FCA, CySEC).
FOREX.com is a top-tier US-regulated broker backed by NASDAQ-listed StoneX Group, offering excellent research tools and a strong proprietary platform.
ThinkMarkets offers competitive spreads and a polished proprietary ThinkTrader platform with strong mobile capabilities.
FxPro offers a strong multi-platform experience with MT4, MT5, and cTrader under solid FCA/CySEC regulation — a dependable choice for EU/UK traders.
Fusion Markets is the cheapest forex broker in our review at $4.50/lot round-turn with raw spreads averaging 0.02 pips on EUR/USD. Best for cost-focused forex traders.
BlackBull Markets offers 26,000+ instruments with FMA New Zealand regulation and competitive ECN pricing from 0.16 pips EUR/USD.
Moneta Markets has attractive Ultra ECN pricing ($2/lot) and a newly acquired FCA licence. Young brand with complex multi-entity structure.
eToro is the undisputed leader in social and copy trading, making it ideal for beginners who want to learn by copying experienced traders.
Errante is a young CySEC-regulated broker with cTrader access and a $50 minimum deposit. Limited track record and small instrument range.