26 Best IRA Forex Brokers – (Reviewed) 2025

An individual retirement account is called an IRA account. It is a long-term savings account and eventual income for when you are no longer working. In this list of 26 Best IRA Regulated Brokers you will find brokers who have expertise in reporting and planning tools and offer IRA accounts.

Before employing a broker, one must consider the potential performance and the investment strategy he advises. In this list you will find some of the best brokers from which to select one to suit your needs.

The broker takes care of the IRA account for the client, buying and selling securities in exchange for a fee.

All of this is done to create income safely for the investor within the financial markets. They often use the Forex market to hedge positions in investment portfolios.

There are two main types of IRA accounts:

Traditional self-directed IRA account – opened with pre-tax money between a broker and an individual but controlled by the individual. The money in the account is only withdrawn upon retirement when the taxes on profits are paid.

Roth IRA account – opened with after-tax money through a broker, bank, or a mutual fund. The money in the account is withdrawn upon retirement and no tax is paid.

There is a third option to open a professional managed IRA account. Decide on the broker to manage this for you but check the following facts:

• • Check the fee paid to the broker
  • The limitations offered by the IRA account in terms of contributions and
  • The withdrawal penalties
  • Consider the investment strategy that suits your expectations i.e. ETFs over currencies or individual stocks over options and bonds

There is a whole set of rules and requirements for IRAs. If you have not decided on whether an IRA account is for you, consider consulting your tax advisor.

This list of the 26 Best IRA Regulated Forex Brokers is not ranked in any particular order but is rather a comprehensive list of great brokers to choose from.

Alpari

Apari is one of the most trusted brokers in the industry. They were established in 1998 in Russia and today they have offices in the USA, the UK, Belize and in the island of Saint Vincent.

They have licenses from all of these respective countries and are well regulated.

Alpari was the first broker to offer PAMM accounts where investors are able to invest their money without trading. Traders are able to earn some extra money for successfully managing the funds of investors.

Features

• Seminars and training offered
• PAMM service
• ECN technology
• A selection of trading instruments offered

Pros and Cons

FXTM (Forextime)

FXTM was established in 2011 and has offices around the world across Europe, the Middle East, Africa, Asia and Latin America.

It is a well-regulated broker with two million clients. They offer the opportunity to trade on more than 250+ financial instruments.

FXTM Features:

• Segregated accounts
• Maximum leverage 1:30
• MetaTrader 4 trading platform
• FXTM trader app

Pros and Cons

FP Markets

FP Markets offers 10 000+ trading products across multiple markets world-wide.

They are an award-winning brokerage with pricing that is transparent and competitive trading costs.

FP Markets is licensed and regulated by the ASIC and CySEC which allows European clients to trade freely.

It is a safe broker to trade with.

Features

• Offers Autochartist plugin
• VPS hosting
• Social trading
• MAM/PAMM accounts
• No dealing desk

XM Group

The XM Group has been around since 2009 and today is a well-established world-wide brokerage with over three million clients.

Their model of business is built around fast execution of trades. They are very client focused which is why they have such a loyal customer base.

The XM Group is a well-regulated brokerage with licenses from an impressive array of top tier regulatory bodies: CySEC in Cyprus, the FCA in the UK, the IFSC or International Financial Commission, ASIC in Australia, and the Dubai Financial Services Authority (DFSA)

Features

• Demo trading account
• Social trading offered
• MT4 and MT5 trading platforms offered
• 25+ secure payment methods
• Negative balance protection

Pros and Cons

AvaTrade

AvaTrade was established in 2006 and has won numerous awards for “Best Customer Support”, “Best Alert System”, “Best Financial Derivative Trading Provider” and “Best Forex Broker YEAR”

AvaTrade is regulated by the Central Bank of Ireland, in Europe, the British Virgin Islands, ASIC (in Australia), FSA (Japan), Abu Dhabi and FSB (South Africa).

They offer 200+ instruments, more than 60 currency pairs, majors stock indices, cryptocurrencies, commodities, bonds, individual shares, and ETFs.

Features

• More than 60 currency pairs
• Regulated in 5 continents
• Offer great range of Crypto
• Offers competitive spreads
• Offers leverage of 1:2
• Trading websites in more than 20 languages

Pros and Cons

Go Markets

Go Markets was founded in Australia in 2006 and is one of the original MetaTrader 4 Forex brokers.

They are licensed by the ASIC in Australia and as a result are a highly regulated broker.

With Go Markets traders can trade with more than 350 products including Forex, Share CFDs, Indices and Commodities all from one account.

Features

• Trading platforms: MT4, MT5 and webtrader
• Commission on trades
• No fixed spreads
• Trading Desk: ECN, Market Maker, No dealing desk, STP
• Mobile trading
• Scalping allowed

Pros and Cons

Exness

Exness is focused on providing it’s 73000+ clients with a trading environment that is stable, reliable and tailored to their needs.

The broker offers customer support in thirteen different languages and provides up to date financial news on a daily basis.

Exness holds licenses from the FCA and CySEC making it a highly regulated broker.

Exness features:

• Low minimum deposit
• Maximum leverage: 1: unlimited
• Variety of deposit options
• No commission on trades
• ECN, STP Trading desk
• Mobile trading

Pros and Cons

HotForex

HotForex is a global brokerage company that was established in 2010. The broker is regulated by the CySEC, FCA, DFSA and the FSCA.

Their headquarters are in Cyprus and they are known for their great technology.

They are a multi-asset broker offering Forex and Commodities through CFDs trading services via a choice of seven account types and automated trading platforms.

Features

• 17 trading tools
• 150+ trading products
• Autochartist offered
• Automated trading
• MT4 and MT5 trading platforms
• Negative balance protection

Pros and Cons

FBS

FBS (Financial Brokerage Services) was established in 2009 and is now operating in 120+ countries worldwide.

They have a customer base of 700 000 traders with offices in China, Malaysia, Philipines, Indonesia, Jordan, Vietnam, and Russia.

Their primary regulatory body is the IFSC in Belize

Features

• Low minimum deposit
• Low spreads
• EA (expert advisors are fully functional)
• 50 indicators and charting tools
• Accounts with Micro-lots
• Hedging allowed

Pros and Cons

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FXCM

FXCM is a UK-based broker who was established in 1999. This broker is listed on the New York Stock Exchange.

FXCM is regulated by top tier brokers like the FCA in the UK and the ASIC in Australia.

This broker is recommended for Forex traders who are looking for an easy account opening, deposit and withdrawal process.

Features

• Deposit is low
• 70+ trading instruments
• Active Trader account offered
• Tighter spreads with Active Trader account
• Elite features to high-volume traders with Active Trader account
• Free demo account with 20 000 USD of virtual funds
• Rebates with Active Trader program
• 24/5 customer support

Pros and Cons

HYCM

HYCM is a global CFD and Forex broker who is regulated by seven financial bodies worldwide. These regulatory bodies include the UK Financial Services Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).

HYCM offers trade on the go with the MetaTrader 4 mobile app. MetaTrader 4 offers a large range of opportunities to traders of all skill levels. It also offers advanced research and trading tools.

Features

• 6 base currencies supported
• Products offered: Forex, CFD and Crypto
• Demo account offered
• 3 types of trading accounts
• Web, Mobile or desktop trading platforms
• MetaTrader 4 and 5
• Negative balance protection

Pros and Cons

Trading 212

Trading 212 is best known for its commission free trading. The broker offers a user-friendly trading platform and mobile app to UK and EU clients.

Trading 212 offers a wide range of asset types and a host of educational features.

It is the perfect platform for beginners.

Features

• Products offered: Stock, ETF, Forex, CFD and Crypto
• Low CFD fees
• Has its own proprietary platform
• Search function is good
• Customizability for charts and workspace is good
• Web and Mobile platforms to choose from – no desktop platform
• Negative balance protection

Pros and Cons

 

Tickmill

Tickmill is based in the UK and was opened in 2014. The broker has licenses from top tier regulatory bodies like the CySEC in Cyprus, the FCA in the UK and the FSA in the Seychelles.

The broker recently received licenses from the FSCA in South Africa and the LFSA in Malaysia. Investors and traders are protected in the country where they opened their account.

Tickmill also provides negative balance protection for retail customers.

Features

• Products offered: Forex and CFD
• Demo account provided
• Deposit with bank card or electronic wallet
• Regulated in UK, Cyprus, Seychelles, South Africa and Malaysia
• Offers a mobile trading platform
• Trading platforms on web, mobile and desktop
• Uses MetaTrader 4
• MT4 available in many languages
• Great customisability for charts etc

Pros and Cons

Markets.com

Markets.com was founded in 2010 and is a broker that offers financial security due to having licenses with top tier regulatory bodies.

The broker offers 2000+ trading assets and over 2200 markets to trade. They provide a variety of selection for trading FX, CFDs, stocks, commodities cryptocurrencies, indices and ETFs.

Features

• Risk Management Tools
• Search and select instruments
• Mobile trading
• Select any asset on the platform
• 2200+ different markets
• 2000+ trading assets

Pros and Cons

IG

IG was founded in 1974 and has offices in 13 countries. It is one of the biggest holding companies in the trading and financial industry.

It is listed on the London stock exchange and is heavily regulated by world renowned- regulatory bodies.

The broker is known for tight spreads and comprehensive trading proposals for beginner and professional traders.

Features

• Leverage 1:30
• Strict regulatory bodies
• Platforms: MetaTrader 4 and IG’s proprietary platform
• 17000+ instruments
• Free trading courses and webinars
• Demo account offered

Pros and Cons

Forex.com

Forex.com established in 2001 is a global Forex and CFD broker serving clients in the UK, US, Canada and Australia.

Forex.com is thought of as safe and secure to trade with because it has a long track record, is regulated by several top-tier regulatory bodies, and has a parent company listed on the stock exchange.

Features

• 500+ markets
• New, improved MT5 platform
• Pricing is competitive
• Rebates and professional support with Active Trader program
• Suite of downloadable web and mobile apps
• Educational videos and guides

Pros and Cons

CMC Markets

CMC Markets is a trusted broker around the world. It offers excellent pricing and 10000 tradeable instruments along with an advanced platform that is full of quality research, original trading tools and powerful charting.

Features

• Next generation trading platform
• award-winning platform
• Mobile, desktop and web trading platforms
• Extensive drawing tools
• Multiple chart types
• 115 technical indicators
• Pattern recognition
• Variety of products

Pros and Cons

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Saxo Bank

Saxo Bank has an award-winning platform called SaxoTraderGO where traders can access 40 000 instruments. They can also hedge and invest all from a single account.

Saxo Bank is a major player in the Forex industry and its intention is to make trading and investing more accessible by offering a top-class trading platform that they are constantly working on to improve.

Features

• Offers the SaxoTraderPro proprietary platform
• Platform is available on desktop, web and mobile
• Has advanced trading tools/features
• Offers access to 30 000+ markets
• Personal account manager
• Market-leading entry prices
• Tighter spreads
• Lower commissions
• Products offered: Forex, Forex Options, CFDs stocks, ETFs, futures, listed options and bonds

Pros and Cons

Oanda

Oanda is an American Forex broker who has 23 years of experience in the Forex trading industry. They allow futures traders to speculate on Forex prices on their Oanda Trade platform and MT4.

Oanda was selected in 2025 as Best mobile trading platform and Best broker for API trading.

Features

• Fast execution
• No re-quotes
• Spreads starting from 0.0 pips
• Offers MetaTrader 4
• Offers 70 Forex pairs including all majors and minors
• Offers low spreads

Pros and Cons

TD Ameritrade

TD Ameritrade established in 1978 is one of the largest brokers in the US. Toronto-Dominion Bank (TD) owns a majority of TD Ameritrade’s stocks and due to the fact that it is a bank TD Ameritrade is under tougher rules and regulations than other brokers.

TD Ameritrade offers its customers a choice of platforms, mobile apps and the Thinkorswim platform.

Features

• Access to all trading platforms is free
• Access to streaming quotes in real-time and to level 11 quotes on all platforms for non-professionals
• Customer support via live chat
• Can make options, futures and Forex trades via the mobile app
• Owns and offers Thinkorswim trading platform

Pros and Cons

IC Markets

IC Markets is an excellent broker for traders running algorithmic strategies (expert advisors) on the trading platforms offered namely MetaTrader and cTrader.

The broker also stands out for its low costs. IC Markets is regulated by the ASIC

IC Markets was founded in 2007 and today has its head office in Sydney.

Features

• Offers demo account
• Desktop, web and mobile trading platforms
• MetaTrader 4, MetaTrader 5 and cTrader
• Various charting tools
• AutoChartist
• Social trading
• VPS services

Pros and Cons

City Index

City Index offers traders its own proprietary platforms for desktop and web. These platforms offer an excellent combination of state-of-the-art trading tools and integrated research. This along with tight spreads, low margins and fast execution makes City Index an excellent broker.

City Index is part of GAIN Capital, a publicly traded company, and has licenses from tier 1 regulators: ASIC in Australia, MAS in Singapore and FCA in the UK.

Features

• Offers Straight Through Process or STP accounts
• VIP discounts for Active Traders
• Social/Copy trading offered
• Rich supply of educational content
• 65 spot Forex pairs
• Over 4500 CFDs

Pros and Cons

Pepperstone

Pepperstone is regulated by the FCA in the UK and the ASIC in Australia. The broker is an Australian broker and was first started in 2010. They have an office in London. It was opened in 2015 to serve European customers.

By offering an excellent trader environment and advanced tools Pepperstone gives traders the best chance of executing their strategies successfully

Features

• Low minimum deposit
• Forex platforms: MetaTrader4, MetaTrader5 and cTrader
• Available on MT4, Web Trader, Tablet and Mobile apps
• Low spreads with rebates
• Tradable instruments: Forex, CFDs and Crypto
• Smart trader tools available on the platforms

Pros and Cons

Easy Markets

Easy Markets has its headquarters in Cyprus. They offer traders different platform options along with a variety of instruments.

The broker was started in 2001 and by 2013 had 100 000 active traders using its platform.

As they are regulated by top tier 1 regulatory bodies customers are ensured greater deposit safety and their funds are held in segregated accounts with top tier banks.

Features

• easyMarkets trading platform
• MT4 platform
• NDD or STP accounts offered
• One click trading
• Pre-installed indicators
• Support of Expert Advisors
• Licensed by CySEC and ASIC
• Low minimum deposit
• Leverage: 1:30 / 1:200
• Fixed spreads from 1.8 pips
• No slippage
• 200 financial instruments

Pros and Cons

SpreadEX

Spreadex is an online broker that offers spread betting and CFD trading services on over 1000 instruments across eight asset classes.

They offer mobile trading apps and a proprietary web-based trading platform.

Their customers are provided with many advanced trading and charting tools to assist them with their trading.

Features

• Low minimum deposit
• More than 150 000 customers
• Scalping and hedging allowed
• Offers STP accounts
• Guaranteed stop loss

Pros and Cons

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Conclusion

Trading your own IRA account comes at costs that are higher than trading a traditional brokerage account. An IRA account may not be right for everyone. It depends on your savings objective and your plan to get there.

If you decide you would like to open an IRA account with a broker, this list of the 27 Best IRA Regulated Brokers will be for you.