We may earn a commission if you sign up through our links. Learn how we make money and the numbers behind trading.
Rankings updated October 2026

Brokers With the Fewest Losing Traders

Which broker has the most profitable traders? Or as some like to put it – which brokers have the fewest losing traders? This is a question that most traders think about and yet seems unanswerable… How and why would brokers reveal this information?

Thanks to the ESMA (European Securities and Markets Authority), brokers are now bound to disclose their percentage of winning/losing traders. This increased transparency has the potential to disrupt the market for binary options, CFDs and forex. This article will explore these revelations and assess their impact on the future of retail trading.

Brokers With Most Winning Traders

These are the top 6 brokers with the most winning traders, and what percentage of their traders are profitable:

Tested with a live trading account Accepts traders from Australia Your capital is at risk. Trade only with funds you can afford to lose.
  1. Our top pick in Australia
    1
    eToro
    Profitable traders: 39%
    4.0/ 5
    • Demo account
    • Platforms: eToro Web, CopyTrader, TradingCentral
    • Min. deposit: $50
    61% of retail CFD accounts lose money. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. 2
    Hantec Markets
    Profitable traders: 38%
    3.8/ 5
    • Demo account
    • Regulator: FCA, ASIC, JSC, FSC, VFSC, FSA
    • Platforms: MT4, MT5, TradingCentral
  3. 3
    TIOmarkets
    Profitable traders: 32%
    3.9/ 5
    • Demo account
    • Regulator: FCA
    • Platforms: MT4, MT5
  4. 4
    CMC Markets
    Profitable traders: 31%
    4.7/ 5
    • Demo account
    • Regulator: FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA
    • Platforms: Web, MT4, MT5, TradingView
    69% of retail CFD accounts lose money.
  5. 5
    FBS
    Profitable traders: 31%
    4.3/ 5
    • Demo account
    • Instruments: CFDs, Forex, Indices, Shares, Commodities
    • Regulator: ASIC, CySEC, FSCA, FSC
  6. 6
    IG
    Profitable traders: 30%
    4.8/ 5
    • Demo account
    • Min. deposit: $0
    • Min. trade: 0.01 Lots

Learn how we test brokers and why you can trust our ratings.

Here is a short summary of why we think each broker belongs in this top list:

  1. eToro 4.0/5 eToro is a top-rated multi-asset platform which offers trading services in thousands of CFDs, stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. The brand is particularly popular for its comprehensive social trading platform. Crypto investments are risky and may not suit retail investors. You could lose your entire investment. Understand the risks here. 61% of retail CFD accounts lose money.
  2. Hantec Markets 3.8/5 Hantec Markets was established in Hong Kong in 1990. Initially, the company concentrated solely on the Chinese and Taiwanese markets. In 2008, the broker rebranded and expanded its presence in the UK, Australia, Japan, and various other countries, before enhancing its footprint in Latin America in 2022. Hantec now stands as a multinational brokerage with 18 offices across Europe and Asia.
  3. TIOmarkets 3.9/5 TIOmarkets is a global forex and CFD brokerage with both an offshore and UK-regulated branch. The broker has a strong customer focus, with 24/7 telephone and live chat customer service. Traders can access a range of accounts with competitive spreads from 0.4 pips.
  4. CMC Markets 4.7/5 Established in 1989, CMC Markets is a respected broker listed on the London Stock Exchange and authorized by several tier-one regulators, including the FCA, ASIC and CIRO. More than 1 million traders from around the world have signed up with the multi-award winning brokerage.
  5. FBS 4.3/5 Founded in 2009, FBS is an award-winning CFD broker operating in over 150 countries with a client base exceeding 27 million traders. Traders are supported at every stage of their journey with 24/7 assistance, market analytics, trading calculators, and competitive pricing with zero commissions.
  6. IG 4.8/5 Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand offers a top-tier selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.

Community Sentiment

See how users rate these brokers based on the average customer ratings submitted on DayTrading.com, plus ratings from Trustpilot, the Apple App Store and Google Play.

Community Sentiment
BrokerOur Users' RatingTrustpilot ScoreTrustpilot ReviewsiOS App RatingAndroid App Rating
eToro 4.3 / 54.0 / 5322374.0 / 53.8 / 5
Hantec Markets 1.0 / 54.9 / 556424.8 / 54.4 / 5
TIOmarkets -4.4 / 5733--
CMC Markets 4.5 / 54.3 / 535194.1 / 53.7 / 5
FBS 4.6 / 54.3 / 5102214.6 / 54.9 / 5
IG 4.3 / 53.7 / 5101624.6 / 54.0 / 5

eToro

eToro's social trading platform leads the pack with a terrific user experience and active community chat that can help beginners find opportunities. There are also competitive fees on thousands of CFDs and real stocks, plus excellent rewards for experienced strategy providers.

Christian Harris Christian Harris, Reviewer

eToro quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs
Regulator
FCA, CySEC, MiCA, MFSA, FSRA, ASIC, FSAS, MAS, GFSC
Platforms
eToro Web, CopyTrader, TradingCentral
Minimum Deposit
$50
Minimum Trade
$10
Account Currencies
USD, EUR, GBP, AUD, DKK

eToro Profitable Traders

At eToro 39% of traders are profitable.

Pros

  • eToro elevated the social trading experience in 2025, integrating insights from Stocktwits 10M+ users to help gauge market sentiment.
  • July 2026 brought welcome upgrades, notably eToro Edge with a charting package that will meet the demands of active day traders, plus AI agent trading through Tori.
  • eToro introduced EUR and GBP accounts, and more recently BTC and ETH payments, cutting conversion fees and providing a localized trading experience.

Cons

  • There is a $30 minimum withdrawal amount and a $5 fee, which will affect novices with low capital.
  • There are no guaranteed stop loss orders which would be a useful risk management feature for beginners.
  • The lack of additional charting platforms like MT4 will reduce the appeal for seasoned day traders accustomed to using third-party software.

Hantec Markets

Hantec Markets is suitable if you want a no-frills MetaTrader broker to trade CFDs on stocks, forex, indices, commodities and cryptos. However, the customer support and educational tools trail the best brokers.

Christian Harris Christian Harris, Reviewer

Hantec Markets quick facts

Demo Account
✔Yes
Instruments
Forex, CFDs, Indices, Stocks, Commodities, Cryptos
Regulator
FCA, ASIC, JSC, FSC, VFSC, FSA
Platforms
MT4, MT5, TradingCentral
Minimum Deposit
$10
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, CHF, PLN, AED

Hantec Markets Profitable Traders

At Hantec Markets 38% of traders are profitable.

Pros

  • Hantec Markets is a trusted broker, with a track record stretching back to 1990 and authorization from ‘green tier’ regulators, notably the ASIC.
  • Trading Central integration provides an excellent one-stop-shop for technical, fundamental, economic, sentiment and news analysis, helping users discover short-term trading opportunities.
  • Hantec Markets offers a great range of 8 account base currencies, helping global traders avoid conversion fees while delivering a hassle-free day trading experience.

Cons

  • Hantec Markets needs to bolster its investment offering to match category leaders like Blackbull Markets, especially in its breadth of currency pairs and commodities.
  • The educational tools, consisting primarily of long-form articles, need revamping with interactive elements and videos to match the training materials at IG.
  • While Hantec Markets is regulated by the FCA it's no longer accepting retail clients via this entity - Brits may be onboarded through an offshore entity without FCA protections.

TIOmarkets

TIOmarkets is best suited to experienced traders who can deposit at least $1000 to take advantage of the competitive trading conditions available with the VIP accounts. It also suits hands-off traders with copy trading and PAMM solutions.

Christian Harris Christian Harris, Reviewer

TIOmarkets quick facts

Demo Account
✔Yes
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies
Regulator
FCA
Platforms
MT4, MT5
Minimum Deposit
$20
Minimum Trade
0.001 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, ZAR, AED

TIOmarkets Profitable Traders

At TIOmarkets 32% of traders are profitable.

Pros

  • Opening a Raw or VIP Black account doesn't mean starting over — it sits alongside your existing accounts under the same login, with funds and history intact. Brokers that treat each account type as a separate registration make scaling up unnecessarily cumbersome. TIOmarkets doesn't.
  • Many brokers that straddle regulated and offshore jurisdictions deliberately obscure which entity your account actually falls under. TIOmarkets keeps it clear: UK clients sit under the FCA-authorized arm, international clients go through the offshore entity, and there's no ambiguity about which protections apply to whom.
  • Most brokers at TIOmarkets' level either skip PAMM entirely or offer a stripped-down version. Having both copy trading and a proper PAMM structure under the same roof gives skilled traders a genuine route to managing external capital — and gives passive investors access to verified managers — without needing a separate platform or provider.

Cons

  • No proprietary platform means being locked into MT4 and MT5, so TIOmarkets has no ability to differentiate the actual trading experience. Top brokers offer TradingView and cTrader alongside MetaTrader, giving traders access to a far more intuitive, visually modern environment without sacrificing execution quality. For anyone who finds MetaTrader's interface dated, there's simply no alternative here.
  • At just over 300 instruments, TIOmarkets' offering looks thin next to brokers like IG or Saxo Bank, which list thousands of tradeable assets. Traders wanting genuine breadth across global equities, sector ETF CFDs, bonds, options, or niche commodity contracts will hit the ceiling quickly.
  • Relatively shallow in-house research and analysis cover the basics, but there's no integration with Trading Central, Autochartist, or any other professional-grade third-party analysis provider. Many brokers bundle these tools in at no extra cost, giving their clients a genuine analytical edge that TIOmarkets' current research offering doesn't come close to matching.

CMC Markets

With advanced charting tools and an extensive range of tradable CFDs, including an almost unrivalled selection of currencies and custom indices, CMC Markets provides a fantastic online platform for traders of all levels.

Christian Harris Christian Harris, Reviewer

CMC Markets quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Treasuries, Custom Indices, Spread Betting, Certificates and Warrants (Germany and Austria)
Regulator
FCA, ASIC, MAS, CIRO, BaFin, FMA, DFSA
Platforms
Web, MT4, MT5, TradingView
Minimum Deposit
$0
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, NZD, SEK, NOK, SGD, PLN

CMC Markets Profitable Traders

At CMC Markets 31% of traders are profitable.

Pros

  • CMC Markets has added an AI News feature, using AI to surface and summarise market stories rather than place trades for you, hinting at where broker research tools are heading.
  • We've bumped up its 'Assets & Markets' rating after almost monthly product additions in 2025 and 2026, from extended hours trading on 5,000+ US stocks and ETFs to new share CFDs and certificates and warrants, plus fractional shares in some regions.
  • The brokerage continues to stand out with its wide range of value-add resources, including pattern recognition scanners, webinars, tutorials, news feeds, and research from respected sources like Morningstar.

Cons

  • The CMC Markets app offers the complete trading package but the design and user experience trails category leaders like eToro.
  • Despite improvements, the web platform still requires enhancements to make it as intuitive to trade on as software from rivals like IG.
  • An inactivity fee of $15 per month is applied after 12 months of inactivity, which may deter casual investors.

FBS

FBS is an excellent choice for day traders at every level and budget, with just a $5 minimum deposit and intensive academy for aspiring traders alongside access to MT4 and MT5.

Christian Harris Christian Harris, Reviewer

FBS quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Indices, Shares, Commodities
Regulator
ASIC, CySEC, FSCA, FSC
Platforms
FBS App, MT4, MT5
Minimum Deposit
$5
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, AUD, JPY

FBS Profitable Traders

At FBS 31% of traders are profitable.

Pros

  • The trading firm has picked up over 90 awards and amassed more than 27 million clients, making it one of the largest and most established brokers globally.
  • 24/7 customer support that performed excellently during testing is available, alongside a $5 minimum deposit, and a huge variety of 200+ funding options, making it ideal for traders with small accounts.
  • FBS strikes the balance between robust features and ease of use, with a sign-up process taking <10 minutes, an intuitive app, advanced research through Market Analytics & more recently VIP Analytics, plus immersive education through the FBS Academy and Trader’s Blog.

Cons

  • There are only four base currencies available - EUR, USD, AUD and JPY (region dependant) - which isn't practical for minimizing currency conversion fees for many global traders, and is especially striking given the broker’s user base spans over 150 nations.
  • Although the FBS app offers a terrific mobile trading experience for aspiring traders and MT4/MT5 cater to advanced traders, the absence of cTrader and TradingView, which are increasingly offered by alternatives like Pepperstone, will deter day traders familiar with these platforms.
  • Despite enhancing the selection of currency pairs, now providing over 70, FBS still trails industry leaders like BlackBull Markets in its market offering with a particularly narrow selection of commodities and indices.

IG

IG continues to provide a comprehensive package with an intuitive web platform, best-in-class education for beginners, advanced charting tools bolstered by its recent TradingView integration, real-time data, and robust trade execution for experienced day traders.

Christian Harris Christian Harris, Reviewer

IG quick facts

Demo Account
✔Yes
Instruments
CFDs (not in US), Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting (UK only)
Regulator
CFTC, NFA, FCA, BaFin, ASIC, FINMA, MAS, JFSA, FMA, DFSA, BMA, CONSOB
Platforms
Web, L2 Dealer, MT4, TradingView, AutoChartist, TradingCentral, ProRealTime
Minimum Deposit
$0
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, CAD, AUD, JPY, ZAR, SEK, DKK, CHF, HKD, SGD

IG Profitable Traders

At IG 30% of traders are profitable.

Pros

  • The proprietary web-based platform continues to caters to traders of all levels, with advanced charting tools and real-time market data useful for day trading, while IG has also added TradingView integration.
  • The ProRealTime advanced charting platform is free as long as certain modest monthly trading activity requirements are met.
  • The IG app offers a superb mobile trading experience with a clean design that helped it secure Runner Up at our 'Best Trading App' award.

Cons

  • IG has discontinued its swap-free account, reducing its appeal to Islamic traders.
  • IG applies an inactivity fee of $12-$18 per month after 2 years, deterring casual investors.
  • Beginners might find IG’s fee structure complex, with various fees for different types of trades or services, potentially leading to confusion or unexpected charges.

In March 2018, the ESMA decided to ban the advertising and distribution of binary options to retail investors. It also restricted the advertising and sale of CFDs. These new changes came into force in July and August 2018. They were accompanied by transparency requirements such as the disclosure of the percentage of winning clients of each broker.

Profitable Traders – Long Term

These figures need to be updated every three months to comply with the regulator. But numbers can shift significantly.

Check out the brokers where the winning % stays high over the long term.

Volatile markets and specific events can also impact these numbers, so always use them to compare ‘like for like’ brokers, rather than from different periods.

A broker with a consistently high number of winning traders is clearly able to make a profit without compromising the trader – either by charging high fees or squeezing margins elsewhere.

It also suggests a brand that values their clients, which is always a positive.

Social Trading

Social trading (or copy trading) has impacted these figures. While some traders will doubtless lose money, they can re-enter the market and follow the trades of profitable traders, and thus get ‘in the black’ themselves.

Many of the brokers with higher figures for winning traders also operate social trading or copy trading schemes, and it is no coincidence.

Increased Transparency – Benefits?

Following these revelations, brokers will start using this number as a marketing device. In other words, retail investors will be more attracted by brokers with the highest percentage of winning accounts.

Therefore, trading platforms will start doing their best to increase this number, especially through the use of educational material and supplementary analytical tools. By providing traders with the necessary information to carry out profitable investments, brokers will be able to increase their percentage of winning accounts and attract more and more users. A win-win situation!