Awards – Broker Of The Year Awards 2025

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Written By
Contributor Image
Written By
Tobias Robinson
Tobias is a partner at DayTrading.com, director of a UK limited company and active trader. He has over 25 years of experience in the financial industry and contributed via CySec to the regulatory response to digital options and CFD trading in Europe. Toby’s expertise and dedication to financial education make him a trusted voice in the industry, including a BBC investigation into digital options.
Updated

The DayTrading.com Broker Awards for 2025. The trading landscape continues to see big changes and significant challenges – our Awards acknowledge those brands that have adapted best, continued to innovate and maintained a customer focus.

In addition to Best Overall Broker, Best Forex Broker and Best Trading App, we also award a Best US, and Best Aus, Broker Award in what are fairly unique markets.

From depth of markets and investments to customer service, we have tried to include every aspect of what makes a broker stand out. In a hugely competitive arena, spreads and trading costs remain important, as does the trading platform itself.

In addition, post ESMA, we have looked at the overall health of a firm too, and how they are helping customers trade responsibly, and profitably.

With some notable brands taking actions that clearly disregarded the best interests of their customers in recent years, we have awarded firms who treat customers fairly.

Below we detail the winners and explain the basis on which we made each Award decision. We also mention notable runners up where the call was close. Feel free to send us your feedback and contribute to the winners and losers over the next 12 months.

best forex broker award 2024Best Forex Broker Award

Winner: Pepperstone

Runners Up:  Eightcap
Pepperstone offer a superb platform for trading forex, and continue to offer traders unique insight via their market analysts. Reliable and swift trading provide traders with everything they need.

Strong regulation, high user satisfaction and a solid balance sheet back up Pepperstone as a great choice for anyone looking to speculate on foreign exchange.

IC Markets and Eightcap also offer solid all-round offerings, but were pipped by Pepperstone in the forex category.

best binary broker award 2024Best Binary Broker Award

Winner: IQ Cent

Runner Up: Pocket Option

IQ Cent continue to expand their offering. With binary and digital options coming under further scrutiny, IQ Cent are still able to offer their services to traders around the world, and boast a solid reputation.

With a slick platform and considerable market depth, traders are able to access most major markets with clear risk management expectations and simplified strategies.

Recent additions of Marketplace rewards illustrate the brands constant push for higher user retention.

Pocket Option – 2022 winners – continue to offer a solid service too, again, available to most nations around the world.

best us broker award 2024Best US Broker Award

Winner: Forex.com

Runner Up: Nadex

Forex.com continue to offer a wide reaching service to US traders. Regulatory oversight varies considerably in the US, compared to other regions, and many brands offer very slimmed down offerings for traders.

Forex.com however, ensure they provide as many options as possible, for those looking to invest from the US.

In a fast changing environment, Forex.com continue to deliver for US clients and score highly in user satisfaction.

In an era of gamification and controversy with certain brands – Forex.com remain admirably professional.

best australian broker award 2024Best Aus Broker Award

Winner: Vantage

Runner Up: Pepperstone

A new regional award – this one focusing on Australia.

Given the changing regulatory picture around the world, regional awards reflect the different pressures brands face, while enabling us to compare like-for-like offerings.

The inaugural winners of the “Best Aus Broker” are Vantage. ASIC regulated, the brand do operate globally, but deliver an award winning service for Australians.

With a broad asset range, excellent reliability and low fees, Vantage came out on top in a very competitive region, pipping Pepperstone to take this year’s award.

best crypto broker award 2024Best Crypto Award

Winner: Eightcap

Runner Up: eToro

After the collapse of FTX, and issues at Binance, many traders hold fears about the viability of crypto exchanges.

Traditional brokers such as Eightcap however, can offer confidence and peace of mind to potential traders via regulatory oversight and a proven track record.

Eightcap have been adding new crypto pairs when required, and offering levels of customer support that crypto exchanges simply do not attempt to match.

With risk management a more straight forward process with CFDs, getting exposure to crypto price fluctuation via a traditional broker, now makes more sense than trying to find a reliable exchange. Eightcap offer the best route for traders looking to take up this option.

best trading app 2024 awardBest Trading App Award

Winner: Avatrade

Runners Up: Pepperstone

Though more of an issue in the US, the gamification of many trading apps remains the current trend, this means that traders are not treated with the respect they deserve by many application developers.

Avatrade have gone done a different route, and continue to develop a robust, reliable application that delivers excellent functionality alongside a simplified design to better suit mobile devices.

User ratings are high, up-time is excellent (and consistent) and the focus remains on the end user, rather than the bottom line.

Pepperstone have been previous winners of this award, and they continue to provide an excellent alternative, with a superb, well-rounded mobile app.

best metatrader broker award 2024Best MT4/MT5 Broker

Winner: Pepperstone

Runners Up: IC Markets

Pepperstone won this year’s “Best MT4 Broker”.

The globally regulated brand have been prolific winners of our awards down the years, and their current MetaTrader integration gives traders everything they would want when trading directly from the Meta Quotes platforms.

Pepperstone have often tried to deliver multiple options for traders, while not compromising on the trading experience and reliability of the platform. The addition on MT4 and MT5 in recent years is further evidence.

best broker award 2024Best Overall Broker

Winner: EightCap

Eightcap have been awarded the “Best Overall Broker” this year.

The Best Overall award generally goes to a brand that delivers across the board, and Eightcap have done that this year.

From the forex CFD trading, to the growth of the crypto offering, the brand continues to excel.

Further regulatory oversight has been added, giving traders from across the globe the confidence of trading with a brand regulated locally. From ASIC to the FCA in the UK, Eightcap are keen to offer their traders peace of mind.

Combine this with expanded platform offerings, greater integration – including Tradingview – and deeper market liquidity and you have a brand improving in almost every metric.

Top Rated Award-Winning Brokers

These are the 6 top rated brokers that have also won awards:

Here is a summary of why we recommend these brokers in March 2025:

  1. NinjaTrader - NinjaTrader is a US-headquartered and regulated brokerage that specializes in futures trading. There are three pricing plans to suit different needs and budgets, as well as ultra-low margins on popular contracts. The brand's award-winning charting software and trading platform also offers a high-degree of customization and superb technical analysis features.
  2. FOREX.com - Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
  3. IQCent - IQCent is an offshore binary options and CFD broker based in the Marshall Islands. The brand continues to offer a range of unique account types with bonuses and perks, including payout boosts, TradeBacks and free rollovers. With 100+ assets, around-the-clock trading and 98% payouts, the firm is popular with aspiring short-term traders.
  4. OANDA US - OANDA is a popular brand offering exceptional execution, low deposit requirements and advanced charting and trading platform features. The top-rated brand has over 25 years of experience and is regulated by trusted agencies, including the NFA/CFTC. Around the clock support is available for short-term traders, alongside flexible contract sizes and automated trade executions.
  5. Dukascopy - Established in 2004, Dukascopy Bank SA is a Swiss online bank and brokerage providing short-term trading opportunities on 1,200+ instruments, including binaries. A choice of accounts (JForex, MT4/5, Binary Options) and sophisticated platforms (JForex, MT4/MT5) deliver powerful tools and market data for active traders.
  6. Moomoo - Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong, Singaporean, Australian and US stocks, ETFs and other assets. Margin trading is available and the brand offers a zero-deposit account as well as several bonuses.

NinjaTrader

"NinjaTrader continues to meet the demands of active futures traders looking for low fees and premium analysis tools. The platform hosts top-rate charting features including hundreds of indicators and 10+ chart types."

Tobias Robinson Tobias Robinson, Reviewer

NinjaTrader Quick Facts

Demo AccountYes
InstrumentsForex, Stocks, Options, Commodities, Futures, Crypto
RegulatorNFA, CFTC
PlatformsNinjaTrader Desktop, Web & Mobile, eSignal
Minimum Deposit$0
Minimum Trade0.01 Lots
Leverage1:50
Account CurrenciesUSD

NinjaTrader Awards

NinjaTrader has won one award:

  1. 2023 Benzinga Global Fintech Awards

Pros

  • NinjaTrader continues to deliver comprehensive charting software for active day traders with bespoke technical indicators and widgets
  • NinjaTrader is a widely respected and award-winning futures broker and is heavily authorized by the NFA and CFTC
  • Low fees are offered, with $50 day trading margins & commissions from $.09 per micro contract

Cons

  • Non forex and futures trading requires signing up with partner brokers
  • There is a withdrawal fee on some funding methods
  • The premium platform tools come with an extra charge

FOREX.com

"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."

Christian Harris Christian Harris, Reviewer

FOREX.com Quick Facts

Bonus OfferActive Trader Program With A 15% Reduction In Costs
Demo AccountYes
InstrumentsForex, Stocks, Futures, Futures Options
RegulatorNFA, CFTC
PlatformsMT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral
Minimum Deposit$100
Minimum Trade0.01 Lots
Leverage1:50
Account CurrenciesUSD, EUR, GBP, CAD, AUD, JPY, CHF, PLN

FOREX.com Awards

FOREX.com has won 5 awards:

  1. Best CFD Broker 2022 - Rankia
  2. Best HNW Service 2022 - Dubai Forex Expo
  3. Best US Broker 2020 - DayTrading.com
  4. Best US Broker 2019 - DayTrading.com
  5. Runner-Up - Best Forex Broker 2019 - DayTrading.com

Pros

  • There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
  • Alongside a choice of leading platforms, FOREX.com offers a superb suite of supplementary tools including Trading Central research, SMART Signals pattern scanner, trading signals, and strategy builders.
  • FOREX.com offers industry-leading forex pricing starting from 0.0 pips, alongside competitive cashback rebates of up to 15% for serious day traders.

Cons

  • Funding options are limited compared to leading alternatives like IC Markets and don’t include many popular e-wallets, notably UnionPay and POLi.
  • There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.
  • FOREX.com's MT4 platform offers approximately 600 instruments, significantly fewer than the over 5,500 available on its non-MetaTrader platforms.

IQCent

"IQCent will appeal to day traders looking for a straightforward binary options and CFD trading platform with low fees, a range of accounts, and copy trading. Getting started takes less than 1 minute and a $250 deposit. "

Jemma Grist Jemma Grist, Reviewer

IQCent Quick Facts

Bonus Offer20% to 200% Deposit Bonus
Demo AccountYes
InstrumentsBinary Options, CFDs, Forex, Indices, Commodities, Crypto
RegulatorIFMRRC
PlatformsOnline Platform, TradingView
Minimum Deposit$250
Minimum Trade$0.01
Leverage1:500
Account CurrenciesUSD, EUR

IQCent Awards

IQCent has won one award:

  1. Best Binary Broker 2023 - DayTrading.com

Pros

  • Keen traders can take part in trading contests with cash prizes
  • The proprietary terminal offers TradingView-powered charts which deliver dozens of technical indicators and studies
  • IQCent is one of the few binary options brokers that also offers a copy trading service for hands-off traders

Cons

  • There's no automated trading support for algo traders
  • The broker is not overseen by a respected regulator, though this is common among binary options firms
  • IQCent trails binary brokers like Quotex with its narrow investment offering of around 100 assets with no stocks

OANDA US

"OANDA remains an excellent broker for US day traders seeking a user-friendly platform with premium analysis tools and a straightforward joining process. OANDA is also heavily regulated with a very high trust score."

Jemma Grist Jemma Grist, Reviewer

OANDA US Quick Facts

Demo AccountYes
InstrumentsForex, Crypto with Paxos (Cryptocurrencies are offered through Paxos. Paxos is a separate legal entity from OANDA)
RegulatorNFA, CFTC
PlatformsOANDA Trade, MT4, TradingView, AutoChartist
Minimum Deposit$0
Minimum Trade0.01 Lots
Leverage1:50
Account CurrenciesUSD, EUR, GBP, CAD, AUD, JPY, CHF, HKD, SGD

OANDA US Awards

OANDA US has won 4 awards:

  1. Best US Broker 2023 - DayTrading.com
  2. Best Trading Tools winner 2021 - Online Personal Wealth Awards
  3. Awarded highest overall client satisfaction 2021 - Investment Trends US Leverage Trading Report, Margin Forex
  4. Awarded highest client satisfaction for mobile platform/app 2021 - Investment Trends US Leverage Trading Report, Margin Forex

Pros

  • OANDA is a reliable, trustworthy and secure brand with authorization from tier-one regulators including the CFTC
  • Seasoned day traders can access industry-leading tools, including an MT4 premium upgrade and advanced charting provided by MotiveWave
  • Day traders can enjoy fast and reliable order execution

Cons

  • The range of day trading markets is limited to forex and cryptos only
  • It's a shame that customer support is not available on weekends
  • There's only a small range of payment methods available, with no e-wallets supported

Dukascopy

"If you’re an experienced trader, Dukascopy provides the tools you need: JForex for algorithmic strategies, competitive spreads from 0.1 pips, leverage up to 1:200, and the peace of mind of using a Swiss-regulated bank and broker."

Christian Harris Christian Harris, Reviewer

Dukascopy Quick Facts

Bonus Offer10% Equity Bonus
Demo AccountYes
InstrumentsCFDs, Forex, Stocks, Indices, Commodities, Crypto, Bonds, Binary Options
RegulatorFINMA, JFSA, FCMC
PlatformsJForex, MT4, MT5
Minimum Deposit$100
Minimum Trade0.01 Lots
Leverage1:200
Account CurrenciesUSD, EUR, GBP, CAD, AUD, NZD, JPY, ZAR, TRY, SEK, NOK, DKK, CHF, HKD, SGD, PLN, CZK, AED, SAR, HUF, MXN

Dukascopy Awards

Dukascopy has won 6 awards:

  1. Best Online Bank Switzerland 2024 - Brands Review Magazine
  2. Best Multi-Asset Trading Platform Switzerland 2024 - Brands Review Magazine
  3. Best Cryptocurrency Trading Platform Switzerland 2024 - Brands Review Magazine
  4. Best White Label Solutions Provider Switzerland 2024 - Brands Review Magazine
  5. Leading Bank Broker Switzerland 2024 - World Business Outlook
  6. JForex4—Most User-Friendly Trading Experience at Rimini IT Forum 2023 - itorum.it

Pros

  • Dukascopy features some of the best research we’ve seen, even a professional TV studio in Geneva covering financial news, market analysis, and daily insights from professionals.
  • The proprietary JForex platform is highly advanced, offering tools for algorithmic trading, extensive charting, and access to deep liquidity for short-term traders.
  • Dukascopy is regulated by the Swiss Financial Market Supervisory Authority (FINMA) as both a broker and a bank, ensuring top-tier financial security and adherence to strict standards.

Cons

  • Dukascopy's withdrawal fees are higher than most competitors we’ve tested, particularly for bank wire transfers, which may deter traders who require frequent access to their funds.
  • Some account types, such as the MT4/MT5 accounts, require a higher minimum deposit of $1,000, which may not be ideal for traders with smaller budgets.
  • While JForex is feature-rich, it has a steep learning curve, making it less suitable for beginner traders who might prefer simpler platforms.

Moomoo

"Moomoo remains an excellent choice for new and intermediate stock traders who want to build a diverse investment portfolio. What really stands out is the broker's user-friendly app and the low trading fees."

Jemma Grist Jemma Grist, Reviewer

Moomoo Quick Facts

Bonus OfferGet up to 15 free stocks worth up to $2000
Demo AccountYes
InstrumentsStocks, Options, ETFs, ADRs, OTCs
RegulatorSEC, FINRA, MAS, ASIC, SFC
PlatformsDesktop Platform, Mobile App
Minimum Deposit$0
Minimum Trade$0
Leverage1:2
Account CurrenciesUSD, HKD, SGD

Moomoo Awards

Moomoo has won 4 awards:

  1. Best Trading Platform 2022 - Fintech Breakthrough
  2. Best Active Trading App 2021 - Investing Simple
  3. Best Trading Technology 2021 - Benzinga
  4. Best Online Stock Brokers 2021 - Benzinga

Pros

  • The broker offers access to extended pre-market trading hours
  • The ‘Moomoo Token’ generates dynamic passwords for transaction security - a unique and helpful safety feature
  • There are reduced options contract fees from $0.65 to $0

Cons

  • There is no negative balance protection, which is a common safety feature at top-tier-regulated brokers
  • It's a shame that there is no 2 factor authentication (2FA), despite the other security features on offer
  • There is no phone or live chat support - common options at most other brokers