NAGA
NAGA Capital Ltd prints 0.9 in the EUR/USD spread column. The EU CySEC row prints 1. Key Way Markets and CAPEX.com's KW Investments are other contracts.
Brokers
Broker reviews and due diligence — regulation, real costs and the fine print, checked against the registers.
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Reviews are re-tested when a broker changes its pricing, regulation or platform lineup. Ratings weigh costs 35%, safety 30%, platforms 20%, funding 15%.
All broker reviews
FXCM
FXCM's UK Active Trader Tier 1 is £2.00 a side per £100,000. Trade Nation is due to take that client book on 20 November 2026.
Alpari
Alpari's public EUR/USD quote closed on Friday at 2.5 pips, a $25 standard-lot ticket. Its Pro ECN pages give three different readings of the $2.50 fee.
PU Prime
PU Prime review: the Seychelles register places the dealer at Office 1A, the usual footer does not, and just two client agreements render on the legal page.
JustMarkets
JustMarkets review: the Seychelles Raw Spread account charges $3.00 a side, so one EUR/USD lot is $7.00 all-in on the live average read 8 October 2026.
Markets.com
Markets.com's EU page shows a 1.30-pip EUR/USD spread on 7 October 2026, not the homepage 0.0 line. Safecap Investments Limited holds the CFD contract.
Plus500
Plus500's delayed UK EUR/USD quote was 0.9 pips on 6 October 2026, about $9 a standard lot, despite a zero dealing-commission line on its own fees page.
Octa
Octa’s global contract is Versustrategy Inc. in Saint Lucia, registration 2025-00917. OctaTrader EUR/USD was 1.20 pips on 5 October 2026, with commission at $0.
RoboForex
RoboForex Ltd's Belize contract carries FSC licence 9759600. The CySEC file is a different company, and the Pro EUR/USD ticket costs $13 a standard lot.
IronFX
IronFX's live retail contract is Notesco I Limited in the Marshall Islands, not the CySEC firm. The EUR/USD schedule and register, read on 3 October 2026.
easyMarkets
easyMarkets review 2026: Easy Forex Trading Ltd (CySEC 079/07) prices EUR/USD from 0.6 pips on the web ticket, with zero commission and a 25 USD minimum.
City Index
City Index's UK name retired on 12 September 2026. The StoneX book quotes EUR/USD at a 0.8 pip typical, and the 1 million trader line counts demo accounts.
Equiti
Equiti's retail contract is the Seychelles firm, not the FCA entity. EUR/USD Premier is $7 a lot on the London and New York typical, beside live peer schedules.
ATFX
ATFX review 2026: the UK arm takes no retail clients, the real contract is Mauritian, and its $7 Raw lot needs a $20,000 deposit that IC Markets sets at $0.
Deriv
Deriv review: its spec table lists 1:10,000 leverage on Step Index, a synthetic market Deriv prices and trades against. Costs, licences, client money checked.
Global Prime
Global Prime review 2026: its US$7.00 raw lot costs 56% more than Fusion Markets on the same Vanuatu licence, and its site shows 1:1000 leverage vs a 1:500 PDS.
GO Markets
GO Markets review: GO Plus+ charges US$2.50 a side, the cheapest raw fee we found, yet the 500:1 micro account on its ASIC page links to a Mauritius sign-up.
TMGM
TMGM advertises leverage up to 1:1000, but its own product schedule fixes that ceiling to the Vanuatu licence, not the 2013 Sydney AFSL in its footer.
XM
XM review: XM Global's bonus-pitched Standard account averages 2.0 pips on EUR/USD vs 1.1 on Ultra Low, a $9 lot premium. Licences and peer spreads checked.
Trading 212
Trading 212 review: 2025 UK accounts show £257m of its £277.6m revenue came from trading, not cash interest. The 0.15% FX fee is checked against three rivals.
FOREX.com
FOREX.com review 2026: the US arm pays 10% only on the first $20,000 of idle margin, charges $7 a side on RAW and holds 43% of US retail forex client money.
FxPro
FxPro review 2026: the FCA-licensed UK arm files as principal and market maker while the site sells NDD execution; cTrader commission is $4.01 a lot per side.
AvaTrade
AvaTrade charges $50 for every three idle months plus a separate $100 annual administration fee, and its own public cost table showed no prices at all.
Spreadex
Spreadex Review 2026: the St Albans firm runs sports and financial spread betting on one FCA licence, quotes 1.4 on Germany 40 and discloses no revenue split.