Brokers With the Fewest Losing Traders

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

1. Our top pick in Spain
   1

   FXOpen

   Profitable traders: 40%

   3.7/ 5

   Visit FXOpen Read review
   • Demo account
   • Regulator: FCA, CySEC, FC
   • Platforms: TickTrader, MT4, MT5, TradingView
2. 2

   Hantec Markets

   Profitable traders: 38%

   3.8/ 5

   Visit Hantec Markets Read review
   • Demo account
   • Regulator: FCA, ASIC, JSC, FSC, VFSC, FSA
   • Platforms: MT4, MT5, TradingCentral
3. 3

   TIOmarkets

   Profitable traders: 32%

   3.9/ 5

   Visit TIOmarkets Read review
   • Demo account
   • Regulator: FCA
   • Platforms: MT4, MT5
4. 4

   CMC Markets

   Profitable traders: 31%

   4.7/ 5

   Visit CMC Markets Read review
   • 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

   Visit FBS Read review
   • Demo account
   • Instruments: CFDs, Forex, Indices, Shares, Commodities
   • Regulator: ASIC, CySEC, FSCA, FSC
6. 6

   NAGA

   Profitable traders: 30%

   4.1/ 5

   Visit NAGA Read review
   • Demo account
   • Regulator: CySEC, FSCA, FSA, ADGM/FRSA
   • Min. deposit: $10-$250 (location and tier dependent)

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

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.

FXOpen

3.7/ 5

Visit FXOpen FXOpen review

FXOpen is ideal for high-volume traders, offering fast execution through its ECN trading infrastructure, spreads from 0 pips, and discounted commissions as low as $1.50 per lot.

FXOpen quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs

Regulator

FCA, CySEC, FC

Platforms

TickTrader, MT4, MT5, TradingView

Minimum Deposit

$100

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, AUD, JPY, CHF, SGD, RUB

FXOpen Profitable Traders

At FXOpen 40% of traders are profitable.

Pros

• FXOpen reduced FX spreads by 40%+ in 2022 and introduced commission-free index trading in 2023, making it cost-effective for day traders.
• FXOpen introduced TradingView in 2022 and upgraded its TickTrader platform in 2024, offering Level 2 pricing, 1,200+ trading tools, and advanced order types, catering to both experienced and high-frequency traders.
• FXOpen streamlined its account offerings in 2024, ensuring a user-friendly setup with ECN accounts providing raw spreads from 0.0 pips, fast execution speeds, and discounted commissions for high-volume traders.

Cons

• Despite bolstering its asset range, FXOpen still offers fewer global stocks, commodities, and cryptocurrencies than category leader BlackBull, reducing access to diverse trading opportunities.
• While still a trusted broker with authorization from the FCA and CySEC, FXOpen lost its ASIC license in 2024 following ‘serious concerns’ and no longer onboards Australian traders.
• FXOpen has a threadbare educational offering, lacking the courses and webinars you can find at brokers like IG, limiting its appeal to beginners seeking to build their knowledge.

Visit FXOpen FXOpen review

Hantec Markets

3.8/ 5

Visit Hantec Markets Hantec Markets review

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.

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 offers a great range of 8 account base currencies, helping global traders avoid conversion fees while delivering a hassle-free day trading experience.
• The entry barrier for trading is notably low for beginners, starting from just $10, while deposits are fee-free and can be completed smoothly from the client area.
• Hantec Markets is a trusted broker, with a track record stretching back to 1990 and authorization from ‘green tier’ regulators, notably the ASIC.

Cons

• There is no proprietary software aimed at newer traders, nor integration with the increasingly popular TradingView and cTrader platforms. Additionally MT5 is not available in certain regions.
• 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.
• The educational tools, consisting primarily of long-form articles, need revamping with interactive elements and videos to match the training materials at IG.

Visit Hantec Markets Hantec Markets review

TIOmarkets

3.9/ 5

Visit TIOmarkets TIOmarkets review

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.

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

• 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.
• 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.

Cons

• 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.
• 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.

Visit TIOmarkets TIOmarkets review

CMC Markets

4.7/ 5

Visit CMC Markets CMC Markets review

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.

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

• 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.
• CMC offers excellent pricing, including tight spreads and low trading fees for all but stock CFDs. The Alpha and Price+ schemes also offer perks for active traders with up to 40% discounts on spreads.
• CMC Funded available from October 2026, providing up to a $100k prop trading-style simulated account to traders looking to prove their skills on CMC's trading infrastructure with wide market access, including prediction markets.

Cons

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

Visit CMC Markets CMC Markets review

FBS

4.3/ 5

Visit FBS FBS review

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.

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

• 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.
• The introduction of the FBI Assistant has given active traders useful, AI-powered intelligence to assess charts and patterns with potential trade ideas that can be executed in one click.
• FBS offers lightning-fast execution speeds from just 10 milliseconds, placing it among the industry leaders for highly active traders like scalpers who demand rapid order processing.

Cons

• 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.
• 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.
• 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.

Visit FBS FBS review

NAGA

4.1/ 5

Visit NAGA NAGA review

NAGA is a snug fit for beginners who like to learn by watching others, delivering a more advanced social trading network than the majority of CFD brokers, featuring a leaderboard with top traders by profit and win rate, and a one-tap autocopy function in the platform and app that’s a standout.

NAGA quick facts

Demo Account

✔Yes

Instruments

CFDs on Forex, Indices, Shares, Commodities, Crypto, Real Stocks and Futures

Regulator

CySEC, FSCA, FSA, ADGM/FRSA

Platforms

NAGA Platform, NAGA App, MT4, MT5, TradingView, TradingCentral

Minimum Deposit

$10-$250 (location and tier dependent)

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, PLN

NAGA Profitable Traders

At NAGA 30% of traders are profitable.

Pros

• During testing, we were approved to begin trading very quickly; after we provided our ID and proof of address, approval was granted the next business day, and the onboarding process included a suitability questionnaire — a responsible step that some brokers fail to include.
• The copy-trading feature is the main reason to open a NAGA account, and it’s more advanced than what most CFD brokers offer. You can check a leaderboard of top traders by profit and win rate, then automatically copy their trades in the same app - only eToro offers something similar.
• NAGA stands out among social brokers for its wide range of assets, offering over 4,000 tradable options. These include forex pairs, stock, ETF, and index CFDs, commodity CFDs, crypto, and even exchange-traded futures, which are rare for retail clients.

Cons

• There are neither Raw nor ECN accounts available; the only means of securing competitive spreads is to advance through the VIP ladder by making a deposit of five figures, so traders who are sensitive to costs or who trade frequently must commit a large sum.
• The 1:30 leverage limit only applies to clients in the EU (under CySEC) and the GCC (through Abu Dhabi’s ADGM). Clients from LATAM, Asia, and Africa use the Seychelles or FSCA entities, where leverage can go up to 1:1000 and there’s no compensation scheme. This mix of high leverage and little protection is a risk, along with concerns about its suspended Trustpilot score in 2026.
• NAGA’s pricing structure is tough on smaller accounts. There’s only one account type, but it has six tiers based on your deposit. The EUR/USD spread is about 1.7 pips at the Iron tier and drops to a competitive 0.9 pips at Diamond ($50,000 deposit) or 0.7 pips at Crystal ($100,000 deposit).

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