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 Yemen
   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

   eToro

   Profitable traders: 39%

   4.0/ 5

   Visit eToro Read review
   • 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.
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

   TIOmarkets

   Profitable traders: 32%

   3.9/ 5

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

   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.

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 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.
• 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.

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.
• 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.
• 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.

Visit FXOpen FXOpen review

eToro

4.0/ 5

Visit eToro eToro review

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.

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 introduced EUR and GBP accounts, and more recently BTC and ETH payments, cutting conversion fees and providing a localized trading experience.
• The eToro Club entry barrier has been lowered, with a $4.99/month subscription providing access to 18 perks, including a debit card that turns shopping into equities with 4% back in shares.
• eToro has bolstered its investment offering, regularly adding new crypto assets, and now offering over 100 digital currencies.

Cons

• There are limited contact methods aside from the in-platform live chat.
• 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.

Visit eToro eToro 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.
• 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 is a trusted broker, with a track record stretching back to 1990 and authorization from ‘green tier’ regulators, notably the ASIC.

Cons

• 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.
• Hantec Markets needs to bolster its investment offering to match category leaders like Blackbull Markets, especially in its breadth of currency pairs and commodities.
• 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.

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

• 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.
• 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.

Cons

• 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.
• 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.
• 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.

Visit TIOmarkets TIOmarkets 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 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 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.

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.
• 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.

Visit FBS FBS review

XTB

4.8/ 5

Visit XTB XTB review

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.
• The xStation platform continues to impress with its user-friendly interface and intuitive features, including customizable news feeds, sentiment heatmaps, and trader calculator, reducing the learning curve for newer traders.
• Opening an XTB account is a hassle-free, entirely online process that takes just a few minutes, making the entry into day trading smooth for new traders.

Cons

• Trading fees are competitive with average spreads of around 1 pip on the EUR/USD but still trail the cheapest brokers like IC Markets, plus there's an inactivity fee after 12 months.
• 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.
• XTB discontinued support for MT4, limiting traders to its proprietary platform, xStation, potentially deterring advanced day traders familiar with the MetaTrader suite.

Visit XTB XTB review