Brokers With The Most Clients In 2026

Written By

James Barra

Edited By

Jemma Grist

Fact Checked By

William Berg

Updated

Mar 3, 2026

We investigated trader numbers across the 141 providers in our evolving database, combining this data with our ratings to rank the largest brokers by client count – helping you find the most established and popular brokers.

Top Brokers With The Most Clients

Below are the 6 most popular brokers based on the number of clients that trade with them. Note that user figures are subject to change.

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Tested with a live trading account

Accept traders from United States

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

Why Do These Brokers Lead By Number Of Traders?

Here’s an overview of why these brokers with high client counts trumped the competition in our latest tests:

Plus500US is our top broker with the most clients for 2026. - Plus500US is a well-established broker that entered the US market in 2021. Authorized by the CFTC and NFA, it provides futures trading on forex, indices, commodities, cryptocurrencies, and interest rates. With a 10-minute sign-up, a manageable $100 minimum deposit ($200 if you use wire transfer), and a straightforward web platform, Plus500 continues to strengthen its offering for traders in the US.
Moomoo - Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong, Singaporean, Australian and US stocks, ETFs and other assets. Margin trading is available and the brand offers a zero-deposit account as well as several bonuses.
Pionex - Pionex is a crypto trading platform that specializes in trading robots, offering a variety of ready made bots and strategies to traders as well as integrated AI to help customize a strategy or come up with your own. These can be used on spot crypto markets as well as crypto futures.
Interactive Brokers - Interactive Brokers (IBKR) is a premier brokerage, providing access to over 170 markets across 40 countries, along with a suite of comprehensive investment services. With over 40 years of experience, this Nasdaq-listed firm adheres to stringent regulations by the SEC, FCA, CIRO, and SFC, amongst others, and is one of the most trusted brokers for trading around the globe.
eToro USA - eToro is a social investing platform that offers short-term and long-term trading on stocks, ETFs, options and crypto. The broker is well-known for its user-friendly community-centred platform and competitive fees. With FINRA and SIPC oversight and millions of users across the world, eToro is still one of the most respected brands in the industry. eToro securities trading is offered by eToro USA Securities, Inc.
NinjaTrader - NinjaTrader is a US-headquartered and regulated brokerage that specializes in futures trading. There are three pricing plans to suit different needs and budgets, as well as ultra-low margins on popular contracts. The brand's award-winning charting software and trading platform also offers a high-degree of customization and superb technical analysis features.

Brokers With The Largest User Base Comparison

Compare the most widely used brokers across key metrics:

Brokers With The Largest User Base Comparison
Broker	Minimum Deposit	Demo Account	Instruments	Platforms	Regulators
Plus500US	$100	✔	Futures on Cryptocurrencies, Metals, Agriculture, Forex, Interest rates, Energy, Equity Index future contracts	WebTrader, App	CFTC, NFA
Moomoo	$0	✔	Stocks, Options, ETFs, ADRs, OTCs	Desktop Platform, Mobile App	SEC, FINRA, SIPC, MAS, SFC, ASIC, FMA, CIRO, CIPF, JFSA, SC
Pionex	$0	✔	Cryptos, Perpetual Futures	Own	NMLS, CBI, AMF
Interactive Brokers	$0	✔	Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies	Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower	SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS
eToro USA	$100	✔	Stocks, Options, ETFs, Crypto	eToro Trading Platform & CopyTrader	SEC, FINRA
NinjaTrader	$0 (live trades must meet intraday margin minimums, e.g., $50 to trade micro contracts)	✔	Futures, Forex, Stocks, Options, Commodities, Futures, Crypto (non-futures depend on provider)	NinjaTrader Desktop, Web & Mobile, eSignal	NFA, CFTC, CySEC

Plus500US

"Plus500US stands out as an excellent choice for beginners, offering a very user-friendly platform and access to the Futures Academy to enhance trading skills. Its powerful tools and reliable service helped it scoop second place in DayTrading.com's annual 'Best US Broker' award."
Michael MacKenzie, Reviewer

Plus500US Quick Facts

Demo Account	Yes
Instruments	Futures on Cryptocurrencies, Metals, Agriculture, Forex, Interest rates, Energy, Equity Index future contracts
Regulator	CFTC, NFA
Platforms	WebTrader, App
Minimum Deposit	$100
Minimum Trade	Variable
Account Currencies	USD

Pros

Plus500 added prediction markets to its 'Plus500 Futures' platform in February 2026, with event-based trades covering 10 categories, from financials to politics, including short-term opportunities with intraday contracts that expire after just 15 minutes.
Plus500 is a publicly traded company with a good reputation, over 24 million traders, and a sponsor of the Chicago Bulls.
Plus500US excels for its low fees with very competitive day trading margins and no inactivity fees, live data fees, routing fees, or platform fees

Cons

Plus500US does not offer social trading capabilities, a feature available at alternatives like eToro US which could strengthen its offering for aspiring traders
While Plus500US continues to broaden its investment offering, it's currently restricted to around 50+ futures with no stocks
Although support response times were fast during tests, there is no telephone assistance

Visit Plus500US

Plus500US Review

Moomoo

"Moomoo remains an excellent choice for new and intermediate stock traders who want to build a diverse investment portfolio. What really stands out is the broker's user-friendly app and the low trading fees."
Jemma Grist, Reviewer

Moomoo Quick Facts

Demo Account	Yes
Instruments	Stocks, Options, ETFs, ADRs, OTCs
Regulator	SEC, FINRA, SIPC, MAS, SFC, ASIC, FMA, CIRO, CIPF, JFSA, SC
Platforms	Desktop Platform, Mobile App
Minimum Deposit	$0
Minimum Trade	$0
Account Currencies	USD, HKD, SGD

Pros

The Moomoo AI assistant, found in the desktop software and app, provides genuinely useful market insights to inform active traders
API Skills provides agentic investing to retail traders, whereby users can connect their personal AI agents like Claude or OpenAI to Moomoo's infrastructure to execute algo strategies in plain natural language
There are reduced options contract fees from $0.65 to $0

Cons

The demo account is noticeably limited versus live trading, with no desktop terminal, technical analysis tools, or out-of-hours trading meaning day traders may struggle to backtest certain strategies
There is no negative balance protection, which is a common safety feature at top-tier-regulated brokers
The account range is narrow compared to other brokerages in its class with no managed portfolios or robo-advisor solutions

Visit Moomoo

Moomoo Review

Pionex

"Pionex is an excellent option for crypto traders with an interest in cutting-edge AI like ChatGPT and automated trading."
William Berg, Reviewer

Pionex Quick Facts

Demo Account	Yes
Instruments	Cryptos, Perpetual Futures
Regulator	NMLS, CBI, AMF
Platforms	Own
Minimum Deposit	$0
Minimum Trade	0.1 USDT

Pros

Powerful integrated AI chatbot 'PionexGPT' helps users programme trading bots on Pine script
Expanded to support 280+ tokenized instruments, including U.S. stocks like AAPLX and TSLAX, traditional ETFs, and commodities like Gold with 24/7 trading and USDT settlement
16+ free integrated trading bots with no coding or programming requirements, which can also be deployed on tokenized U.S. equities and real-world assets, not just cryptocurrencies.

Cons

Limited contact options
Weak regulatory oversight raises safety concerns
Withdrawal fees and limits may apply

Visit Pionex

Pionex Review

Interactive Brokers

"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."
Christian Harris, Reviewer

Interactive Brokers Quick Facts

Demo Account	Yes
Instruments	Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies
Regulator	SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS
Platforms	Trader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower
Minimum Deposit	$0
Minimum Trade	$100
Account Currencies	USD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF

Pros

IBKR is one of the most respected and trusted brokerages and is regulated by top-tier authorities, so you can have confidence in the integrity and security of your trading account.
With low commissions, tight spreads and a transparent fee structure, IBKR delivers a cost-effective environment for short-term traders.
The TWS platform has clearly been built for intermediate and advanced traders and comes with over 100 order types and a reliable real-time market data feed that rarely goes offline.

Cons

Support can be slow and frustrating based on tests, so you might find it challenging to reach customer service representatives promptly or encounter delays in resolving issues.
IBKR was fined $11.8m by the US OFAC in 2025 for providing services in sanctioned jurisdictions. It was also fined $125k by FINRA in 2025 for municipal bond disclosure failures.
TWS’s learning curve is steep, and beginners may find it challenging to navigate the platform and understand all the features. Plus500's web platform is much better suited to new traders.

Visit Interactive Brokers

Interactive Brokers Review

eToro USA

"eToro remains a top pick for traders looking for leading social investing and copy trading services. With a low deposit, zero commissions and an intuitive platform, the broker will meet the needs of newer day traders."
Jemma Grist, Reviewer

eToro USA Quick Facts

Demo Account	Yes
Instruments	Stocks, Options, ETFs, Crypto
Regulator	SEC, FINRA
Platforms	eToro Trading Platform & CopyTrader
Minimum Deposit	$100
Minimum Trade	$10
Account Currencies	USD

Pros

eToro USA Securities is a trustworthy, SEC-regulated broker that is a member of FINRA and SIPC
The low minimum deposit and straightforward account opening process means beginners can get started quickly
Investors can access Smart Portfolios for a more hands-off approach, covering a range of sectors and markets such as renewable energy and artificial intelligence

Cons

Average fees may cut into the profit margins of day traders
There's no MetaTrader 4 platform integration for traders who are accustomed to using third-party charting tools
There's a narrower range of day trading instruments available compared to competitors, with only stocks, ETFs and cryptos

Visit eToro USA

eToro USA Review

NinjaTrader

"NinjaTrader continues to meet the demands of active futures traders looking for low fees and premium analysis tools. The platform hosts top-rate charting features including hundreds of indicators and 10+ chart types."
Christian Harris, Reviewer

NinjaTrader Quick Facts

Demo Account	Yes
Instruments	Futures, Forex, Stocks, Options, Commodities, Futures, Crypto (non-futures depend on provider)
Regulator	NFA, CFTC, CySEC
Platforms	NinjaTrader Desktop, Web & Mobile, eSignal
Minimum Deposit	$0 (live trades must meet intraday margin minimums, e.g., $50 to trade micro contracts)
Minimum Trade	0.01 Lots
Account Currencies	USD, EUR, GBP, CAD, AUD

Pros

The market replay function is a standout feature — you can download tick-by-tick historical data, rewind to any specific date, and interact with it as if trading live, making it genuinely useful for both strategy testing and real-world practice
NinjaTrader's ecosystem gives traders access to thousands of add-ons and applications from developers across more than 150 countries, covering indicators, strategies, and custom tools that go well beyond what the platform ships with natively
Nano contracts — one-hundredth the size of standard contracts — allow traders to size positions with precision and manage risk at a much smaller scale, a meaningful advantage for those building positions gradually

Cons

Intraday margin requirements can spike by as much as four times in the 15 minutes leading up to major economic news releases, and may stay elevated for several minutes after volatility subsides — a detail that can catch underprepared traders off guard at exactly the wrong moment.
Traders looking for fundamental data research will need to look elsewhere — the platform is built almost entirely around technical analysis, leaving a meaningful gap for anyone who factors company or macro fundamentals into their decision-making.
NinjaTrader was acquired by Kraken in May 2025, and while it continues to operate independently for now, traders who value long-term stability may have reservations about how the platform's direction and pricing could shift under new ownership.

Visit NinjaTrader

NinjaTrader Review

Should You Choose A Broker With A Large Client Base?

In our experience, opting for a broker with a substantial client base comes with several key advantages:

Trust & Reliability: Our investigations found that larger brokers are often heavily regulated by ‘green tier’ bodies in DayTrading.com’s Regulation & Trust Rating, enhancing security and investor protection. Interactive Brokers is a great example, with over 3.5 million clients and licenses from over 10 respected regulators.
Extensive Asset Selection: Our tests show that the biggest brokers typically offer a wider range of tradable assets to help you build a diverse portfolio, from stocks and funds to currencies and derivatives. Just look at eToro – it provides over 7,000 instruments to its more than 38 million customers.
Better Resources: More clients typically means access to comprehensive educational tools and community insights, making them attractive options for newer traders. XTB demonstrates this in abundance with a well-written suite of training articles for its over 1 million traders.
Continuous Platform Innovation: We’ve seen that brokers with more users generally invest in improving their platforms, ensuring cutting-edge technology and features to retain their large client case. Plus500 is a prime example of this, seriously upgrading the usability and features of its mobile app and web trader in the years we’ve been evaluating it.
Greater Liquidity & Faster Execution: High trading volumes can lead to smoother order execution and better pricing, which are vital for active trading styles like day trading. IG remains a great option in this regard, providing 0.014-second average execution speeds to its hundreds of thousands of clients.

For my personal investments, I only choose well-established brokers with large client bases.

Why? Because they typically offer reliability, peace of mind, and user-friendly tools – essential qualities for both beginner and experienced traders.

James Barra

Head of Content and Media Lead

Does A Bigger Broker Always = A Better Broker?

Not necessarily. While a large client base can indicate trustworthiness, stability, and better features, bigger doesn’t always mean better.

Here’s why:

Higher Fees: Unfortunately we’ve seen that some large brokers charge higher spreads, commissions, or inactivity fees. We don’t like seeing major brokers abusing their position in the market by levying high fees on day traders because we know it can impact their profitability.
Slower Customer Support: We’ve found that a massive user base can sometimes lead to longer response times and less personalized service. Fortunately, the firms that made our toplist performed well during our direct tests of their support.
Less Flexibility: Bigger firms may not cater to more niche day trading strategies like scalping, provide personalized account features, or such generous leverage terms that active traders may be seeking.
Marketing Over Substance: To our annoyance, some large brokers like Robinhood appear to invest heavily in advertising rather than platform improvements or user experience. Where this is the case, we lower their ratings.

In conclusion, it’s always best to compare brokers based on your specific needs – not just size alone.

FAQ

How Big Are The Brokers With The Most Clients?

While many big brokers boast hundreds of thousands of clients, the true heavyweights service many more customers.

Based on our latest research, there are a number of brokerages with millions of clients. Among the biggest are eToro (38 million), FBS (27 million), and Plus500 (26 million).