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 Russian Federation
   1

   Skilling

   Profitable traders: 51%

   3.4/ 5

   Visit Skilling Read review
   • Demo account
   • Regulator: CySEC
   • Min. deposit: $100
   49% of retail investor accounts lose money when trading CFDs with this provider.
2. 2

   FXOpen

   Profitable traders: 40%

   3.7/ 5

   Visit FXOpen Read review
   • Demo account
   • Regulator: FCA, CySEC, FC
   • Platforms: TickTrader, MT4, MT5, TradingView
3. 3

   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
4. 4

   FBS

   Profitable traders: 31%

   4.3/ 5

   Visit FBS Read review
   • Demo account
   • Instruments: CFDs, Forex, Indices, Shares, Commodities
   • Regulator: ASIC, CySEC, FSCA, FSC
5. 5

   XTB

   Profitable traders: 31%

   4.8/ 5

   Visit XTB Read review
   • Demo account
   • Platforms: xStation
   • Min. deposit: $0
   69-80% of accounts lose money when trading CFDs with this provider.
6. 6

   HYCM

   Profitable traders: 30%

   3.8/ 5

   Visit HYCM Read review
   • Demo account
   • Regulator: FCA, DFSA
   • Platforms: HYCM Trader, MT4, MT5, TradingCentral

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.

Skilling

3.4/ 5

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Skilling maintains its position as a top pick for budding traders looking for a competitive zero commission account with direct access to a copy trading feature. It will also serve experienced strategy providers looking to earn commissions, or active traders looking to deal forex.

Skilling quick facts

Demo Account

✔Yes

Instruments

Forex, CFDs, Stocks, Indices, Commodities and Cryptos

Regulator

CySEC

Platforms

Skilling Trader, MT4, MT5, cTrader, TradingView

Minimum Deposit

$100

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, SEK, NOK

Skilling Profitable Traders

At Skilling 51% of traders are profitable.

Pros

• Beyond major forex pairs, Skilling’s spreads are often lower than those of larger, more prominent brokers. While not always the lowest, traders focused on raw pricing can find competitive value without needing a full ECN setup
• Skilling offers five trading platforms: Skilling Trader, cTrader, MT4, MT5, and TradingView, each with distinct strengths. MT4 and MT5 supports EA-based strategies, cTrader excels in order management, Skilling Trader offers straightforward web execution, and TradingView specializes in advanced charting. This range provides valuable flexibility for traders
• The Skilling Trader platform maintains a focused design, offering charts, order placement, and risk controls without unnecessary features or promotional content. For systematic traders or those who prefer a streamlined execution environment, this simplicity is an advantage

Cons

• Skilling’s educational and research resources are limited to a basic economic calendar, brief market commentary, some lessons, and occasional news headlines, plus the newer AI-powered Skilling Trade Assistant. There aren't comprehensive and structured learning paths
• Skilling depends on TradingView for advanced analytics and does not provide its own platform for Trading Central, Autochartist, or instrument-specific news feeds. This may be sufficient for traders with independent research tools, but it is less comprehensive than brokers offering integrated in-platform content

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FXOpen

3.7/ 5

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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 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 reduced FX spreads by 40%+ in 2022 and introduced commission-free index trading in 2023, making it cost-effective for day 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

• 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.
• Despite bolstering its asset range, FXOpen still offers fewer global stocks, commodities, and cryptocurrencies than category leader BlackBull, reducing access to diverse trading opportunities.
• 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.

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Hantec Markets

3.8/ 5

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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

• 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.
• 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.

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FBS

4.3/ 5

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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.
• 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.
• 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.

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.

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XTB

4.8/ 5

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XTB stands out as a top choice for new day traders with the terrific xStation platform, low trading costs, no minimum deposit, and excellent educational tools, many of which are seamlessly integrated into the platform.

XTB quick facts

Demo Account

✔Yes

Instruments

CFDs on shares, Indices, ETFs, Raw Materials, Forex currencies, cryptocurrencies, Real shares, Real ETFs

Regulator

FCA, CySEC, KNF, DFSA, FSC, SCA, CMF, Bappebti

Platforms

xStation

Minimum Deposit

$0

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP

XTB Profitable Traders

At XTB 31% of traders are profitable.

Pros

• XTB has boosted its interest rate on uninvested balances and added zero-fee ISAs (On ETFs and real shares, or 0.2% with transactions over €100k) for UK clients with a huge range of markets available.
• First-class 24/5 customer support is available, including a friendly live chat with response times of under two minutes during testing.
• With an excellent range of educational materials, including training videos and articles integrated into the platform, XTB supports traders at all levels.

Cons

• XTB discontinued support for MT4, limiting traders to its proprietary platform, xStation, potentially deterring advanced day traders familiar with the MetaTrader suite.
• The demo account expires after just four weeks, a serious limitation for traders who wish to thoroughly test the xStation platform and practice short-term strategies before committing real funds.
• XTB does not offer a raw spread account, which is becoming increasingly common among competitors like Pepperstone, and may disappoint day traders looking for the tightest spreads.

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HYCM

3.8/ 5

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Traders looking for a multi-asset broker with good platform support, extra analysis features and strong regulation will want to consider HYCM. The competitive raw-spread accounts will also serve scalpers and high-volume traders.

HYCM quick facts

Demo Account

✔Yes

Instruments

CFDs, Forex, Stocks, Indices, Commodities, ETFs

Regulator

FCA, DFSA

Platforms

HYCM Trader, MT4, MT5, TradingCentral

Minimum Deposit

$20

Minimum Trade

0.01 Lots

Account Currencies

USD, EUR, GBP, RUB, AED

HYCM Profitable Traders

At HYCM 30% of traders are profitable.

Pros

• Most retail CFD brokers stop at gold, oil, and silver. HYCM extends into agricultural soft commodities from a standard account with no elevated minimum deposit or professional classification required. For traders wanting genuine commodity diversification beyond metals and energy, that access is structurally rare at this entry level.
• HYCM has operated continuously since 1977 — through Black Wednesday, the 2008 financial crisis, the SNB shock, and multiple FCA overhauls that eliminated or restructured many competitors. Most brokers marketing FCA regulation acquired it recently. HYCM has held it long enough for an entire generation of retail traders to have come and gone. That's a verifiably different category of track record.
• Rather than a flat leverage cap, HYCM's leverage model reduces automatically as position volume increases — protecting traders from runaway exposure on large positions without requiring manual margin management. Most retail brokers apply a fixed leverage ceiling and leave risk management entirely to the trader. The dynamic model adds a structural risk layer that's particularly relevant for less experienced traders building larger positions incrementally.

Cons

• MT4, MT5, and a proprietary mobile app are the same infrastructure HYCM offered half a decade ago. No TradingView integration, no cTrader, no social trading, no copy trading, no PAMM. For a broker with nearly five decades of history and FCA authorization, the absence of any platform development signals that technology investment isn't a priority, which matters increasingly as competitors bundle TradingView natively and build out social trading ecosystems that attract a new generation of retail traders.
• The restriction only surfaces in HYCM's terms and conditions. Traders who fund a Fixed or Classic account, develop a short-term strategy, and start executing fast in-and-out trades can have their profits confiscated and their accounts suspended without prior warning. The Raw account permits tighter execution styles, but the policy boundary between permitted and prohibited trading frequency is never clearly defined in plain language anywhere on hycm.com.
• Brokers like eToro, Pepperstone, and IC Markets have built entire client acquisition channels around social and copy trading. HYCM has none of it. For newer traders who want to allocate capital to experienced strategies while they develop their own, or for experienced traders who want to monetize their track record by managing external capital, HYCM offers no pathway. That's an entire category of retail trader HYCM cannot serve.

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