New Forex Brokers Worth Trying in 2026

Most broker review sites cover the same names. IC Markets, Pepperstone, IG, eToro. These are solid brokers, and we review them all. But the forex industry doesn't stand still. Newer brokers have entered the market over the past decade, and some of them now compete directly with the big names on cost, technology, and regulation.

This guide covers five newer brokers that have earned attention from retail traders. Not because they're flashy or because they paid us to say so, but because they genuinely offer something the established players don't always match.

What "Newer" Means (And Why It Matters)

None of these brokers launched yesterday. They were founded between 2009 and 2019, so they've had years to build infrastructure, get regulated, and attract a client base. But compared to IC Markets (2007), Pepperstone (2010), or IG (1974), they're still the underdogs.

That matters because newer brokers often try harder. They price more aggressively. They adopt new platforms faster. They haven't yet built up the inertia that leads bigger brokers to rest on their reputation.

The risk? Less established track records. Potentially thinner liquidity pools. And in some cases, regulation from smaller jurisdictions rather than tier-1 bodies like ASIC, FCA, or CySEC.

Five New Brokers at a Glance

Broker	Founded	HQ	Top Regulator	Min. Deposit	Commission (per lot RT)	Standout Feature
Fusion Markets	2017	Melbourne, AU	ASIC	$0	$4.50	Lowest commissions in the industry
Eightcap	2009	Melbourne, AU	ASIC, FCA, CySEC	$100	$7.00	Native TradingView account type
BlackBull Markets	2014	Auckland, NZ	FMA (NZ)	$0	$6.00	26,000+ instruments, free TradingView
Moneta Markets	2018	Dubai, UAE	FCA, FSCA	$50	$6.00	Up to 1:1000 leverage, FCA-regulated
Errante	2019	Limassol, CY	CySEC	$50	~$5.00 (Tailor Made)	CySEC regulation, high leverage offshore

Fusion Markets

Fusion Markets exists to undercut everyone on price. And it succeeds. At $4.50 round-turn per standard lot on the ZERO account, their commission is roughly 36% cheaper than most ECN competitors. The Classic account rolls costs into the spread at around 0.9 pips, still competitive.

Founded in Melbourne in 2017, Fusion is regulated by ASIC (through its parent company FMGP Trading Group), plus VFSC (Vanuatu) and FSA (Seychelles). The ASIC licence provides strong protection for Australian clients. International clients trade under the Vanuatu or Seychelles entity, which is less reassuring but standard for offshore accounts.

There's no minimum deposit. Platforms include MT4, MT5, and cTrader. They also run Fusion+, a copy trading platform that lets you follow other traders or become a signal provider yourself.

Best for: Cost-conscious traders who prioritise raw trading expenses above everything else.

Worth noting: The broker is still relatively small. If brand heritage and size matter to you, IC Markets or Pepperstone offer similar pricing from bigger operations.

Eightcap

Eightcap has been around since 2009, making it the oldest broker on this list. Based in Melbourne and regulated by ASIC, FCA, and CySEC, it checks the regulatory boxes that matter.

The headline feature is a dedicated TradingView account type. You can sign up, choose TradingView as your platform, and trade directly from TradingView's charting interface. Spreads on this account start from 1.0 pip with no commission, matching the Standard account structure. If you want tighter spreads, the Raw account starts at 0.0 pips with a $7 round-turn commission.

MT4 and MT5 are also available, along with TradeLocker.

Best for: Traders who live in TradingView and want to place orders directly from their charts without switching platforms. See our full guide on TradingView forex brokers for a wider comparison.

Worth noting: The $100 minimum deposit is higher than Fusion Markets or BlackBull. And the TradingView account only uses Standard pricing, so active traders may prefer the Raw account on MT4/MT5 instead.

BlackBull Markets

BlackBull is a New Zealand broker founded in 2014, regulated by the FMA. They've built a broad product range: over 26,000 tradable instruments including forex, shares, indices, commodities, and crypto CFDs.

Three account tiers are available. Standard has zero commission with spreads from 0.8 pips. Prime offers raw spreads with a $6 round-turn commission. There's no minimum deposit.

The platform lineup is strong: MT4, MT5, cTrader, and TradingView. BlackBull also offers free TradingView subscriptions (Essential, Plus, or Premium) depending on your account funding level, which is a genuine saving if you'd be paying for TradingView anyway.

Copy trading is available through BlackBull CopyTrader, a web-based platform the broker recently launched for social trading.

Maximum leverage is 1:500 under the FMA entity. New Zealand's FMA doesn't impose retail leverage caps the way ASIC or the FCA does, which gives BlackBull flexibility here.

Best for: Traders who want a wide instrument range, TradingView access, and higher leverage from a regulated broker. Read more about high leverage forex brokers.

Worth noting: The FMA is a reputable regulator, but New Zealand doesn't require client fund segregation to the same standard as Australia or the UK.

Moneta Markets

Moneta Markets has moved fast since launching in 2018. The broker now holds licenses from FCA (UK) and FSCA (South Africa), after acquiring a UK-regulated firm in September 2025. That FCA licence is significant. It puts Moneta alongside much larger brokers in regulatory credibility.

Leverage goes up to 1:1000 on the international entity (FSA Seychelles), though this drops to 1:30 under FCA rules. Platforms include MT4 and MT5.

The Prime ECN account offers raw spreads from 0.0 pips with a $6/lot commission. The Direct STP account starts from 1.3 pips with no commission.

Best for: Traders who want high leverage with a broker that also holds tier-1 licences. The FCA regulation is a strong differentiator from other newer brokers.

Worth noting: The broker is young. Its track record under tier-1 regulation is very short. The FCA licence was acquired, not built from scratch. That's not inherently bad, but it's something to be aware of.

Errante

Errante was founded in 2019 and is dual-regulated by CySEC (Cyprus) and FSA (Seychelles). The CySEC licence means EU clients get investor protection, negative balance protection, and segregated funds.

The broker offers several account tiers. The Standard account has spreads from 1.5 pips with no commission. The Premium account narrows that to 1.0 pip. The VIP account drops to 0.8 pips. And the Tailor Made account offers raw spreads from 0.0 pips with a ~$5 round-turn commission.

Platforms include MT4, MT5, and cTrader. Under the Seychelles entity, leverage reaches 1:500. Under CySEC, it's capped at 1:30 for major pairs in line with ESMA rules.

Best for: EU-based traders who want CySEC protection but also want the option to access higher leverage through an offshore entity.

Worth noting: The Standard account spread of 1.5 pips is on the wider side. You'd need to move up to Premium or Tailor Made to match the pricing at Fusion Markets or Eightcap. Around 150 tradable instruments is also quite limited compared to BlackBull's 26,000+.

How to Evaluate a Newer Broker

Before depositing with any broker you haven't heard of, check these things:

Regulation. At minimum, one licence from ASIC, FCA, CySEC, or another tier-1 regulator. Offshore-only regulation (Seychelles, Vanuatu, SVG) is a yellow flag. Not a dealbreaker, but it means less protection if something goes wrong.
Segregated funds. Your money should be held separately from the broker's operating capital. All tier-1-regulated brokers must do this.
Withdrawal track record. Search for recent withdrawal complaints on forums like Forex Peace Army and Trustpilot. A few complaints are normal. A pattern of unresolved withdrawal delays is a warning sign.
Pricing transparency. The broker should clearly list spreads, commissions, swap rates, and any account fees. If you can't find this information easily, move on.
Start small. Deposit the minimum. Test the execution, spreads, and withdrawal process before committing more capital. Read our guide on demo accounts vs live accounts if you want to test without risking real money first.

For a broader checklist, see How to Choose a Forex Broker.

FAQ

Are newer forex brokers safe to use?

Safety depends on regulation, not age. A newer broker with ASIC or FCA regulation is safer than an old broker with only offshore licences. Check the regulator, fund segregation, and withdrawal reviews before depositing.

Why are newer brokers often cheaper?

They're competing for market share. Lower commissions and tighter spreads attract traders away from established names. Some may also have leaner operating costs since they built their technology stack more recently.

Should I switch from my current broker to one of these?

Only if they genuinely offer something your current broker doesn't. Lower costs, a platform you prefer, or better trading conditions for your style. Don't switch just because something is new. See our broker regulation guide to understand what protections you'd gain or lose.

Which newer broker is best overall?

It depends on what you prioritise. Fusion Markets wins on cost. Eightcap wins on TradingView integration. BlackBull wins on instrument range. Moneta has the strongest combined regulation. There's no single best, only what fits your trading.

Written by Neil C, BrokerAudit. Read our methodology.