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Rankings updated November 2026

Brokers With The Most Clients In 2026

We investigated trader numbers across the 143 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 in Tunisia based on the number of clients that trade with them. Note that user figures are subject to change.

Tested with a live trading account Accepts traders from Tunisia Your capital is at risk. Trade only with funds you can afford to lose.
  1. Our top pick in Tunisia
    1
    eToro
    4.0/ 5
    Number of clients: 40,000,000
    • Demo account
    • Platforms: eToro Web, CopyTrader, TradingCentral
    • Min. deposit: $50
    55% 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
    Plus500
    4.1/ 5
    Number of clients: 33,000,000
    • Demo account
    • Platforms: WebTrader, App
    • Min. deposit: $100
    81% of retail CFD accounts lose money.
  3. 3
    FBS
    4.3/ 5
    Number of clients: 27,000,000
    • Demo account
    • Instruments: CFDs, Forex, Indices, Shares, Commodities
    • Regulator: ASIC, CySEC, FSCA, FSC
  4. 4
    Moomoo
    3.2/ 5
    Number of clients: 24,000,000
    • Demo account
    • Instruments: Stocks, Options, ETFs, ADRs, OTCs
    • Regulator: SEC, FINRA, MAS, SFC, ASIC, CIRO, JFSA, SC
  5. 5
    XM
    4.8/ 5
    Number of clients: 20,000,000
    • Demo account
    • Platforms: MT4, MT5, TradingCentral
    • Min. deposit: $5
    76.15% of accounts lose money when trading CFDs with this provider.
  6. 6
    InstaForex
    3.2/ 5
    Number of clients: 7,000,000
    • Demo account
    • Regulator: BVI FSC
    • Platforms: MT4, MT5

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:

  1. eToro is our top broker with the most clients in Tunisia for 2026. 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. 55% of retail CFD accounts lose money.
  2. Plus500 4.1/5 Established in 2008 and headquartered in Israel, Plus500 is a prominent brokerage that boasts over 25 million registered traders in over 50 countries. Specializing in CFD trading, the company offers an intuitive, proprietary platform and mobile app. It maintains competitive spreads and does not charge commissions or deposit or withdrawal fees. Plus500 also continues to shine as one of the most trusted brokers with licenses from reputable regulators, including the FCA, ASIC and CySEC.
  3. 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.
  4. Moomoo 3.2/5 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.
  5. XM 4.8/5 XM is a globally recognized forex and CFD broker with 20+ million clients in 190+ countries. Since 2009, this trusted broker has been delivering low trading fees across its growing roster of 1000+ instruments. It also offers a comprehensive MetaTrader experience that we've observed firsthand placing test trades.
  6. InstaForex 3.2/5 InstaForex is a CFD broker providing access to forex, stocks, cryptocurrencies, commodities, energies, indices, and more. With competitive fees and a huge range of available assets, the brand offers safe and reliable trading. Millions of traders have opened an account with the firm which offers a suite of active trading and investment opportunities.

Brokers With The Largest User Base Comparison

Compare the most widely used brokers across key metrics:

Brokers With The Largest User Base Comparison
BrokerMinimum DepositDemo AccountInstrumentsPlatformsRegulators
eToro $50✔YesCFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTseToro Web, CopyTrader, TradingCentralFCA, CySEC, MiCA, MFSA, FSRA, ASIC, FSAS, MAS, GFSC
Plus500 $100✔YesCFDs on Forex, Stocks, Indices, Commodities, ETFs, Options, CryptoWebTrader, AppFCA, CySEC, EFSA, ASIC, FMA, FSCA, MAS, ISA, FSA, DFSA, SCA, JFSA, SCB, CIRO, BAPPEBTI, OJK, BI
FBS $5✔YesCFDs, Forex, Indices, Shares, CommoditiesFBS App, MT4, MT5ASIC, CySEC, FSCA, FSC
Moomoo $0✔YesStocks, Options, ETFs, ADRs, OTCsDesktop Platform, Mobile AppSEC, FINRA, MAS, SFC, ASIC, CIRO, JFSA, SC
XM $5✔YesCFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, EnergiesMT4, MT5, TradingCentralCySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE
InstaForex $1✔YesForex, shares, indices, metals, oil and gas, futures, cryptos, binary optionsMT4, MT5BVI FSC

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 / 5323884.0 / 53.8 / 5
Plus500 4.2 / 54.2 / 5202544.1 / 54.3 / 5
FBS 4.6 / 54.3 / 5103454.6 / 54.9 / 5
Moomoo 3.3 / 54.0 / 57344.6 / 53.8 / 5
XM 4.6 / 52.0 / 530964.7 / 53.9 / 5
InstaForex 4.8 / 52.7 / 55533.6 / 53.6 / 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

Pros

  • The copy trading app facilitates a best-in-class social environment, with an engaging social feed and community chat that we love using.
  • eToro has bolstered its investment offering, regularly adding new crypto assets, and now offering over 100 digital currencies.
  • In 2025, eToro stopped including all crypto trading fees within the spread - instead, the same commission is now charged separately and shown as a clear line item, giving active traders more transparency without increasing overall costs.

Cons

  • There are limited contact methods aside from the in-platform live chat.
  • The lack of additional charting platforms like MT4 will reduce the appeal for seasoned day traders accustomed to using third-party software.
  • There is a $30 minimum withdrawal amount and a $5 fee, which will affect novices with low capital.

Plus500

Plus500 offers a super-clean experience for traders with a CFD trading platform that sports a modern design and dynamic charting. That said, the broker’s research tools are limited, fees trail the cheapest brokers, and there’s room for enhancement in its educational resources.

Christian Harris Christian Harris, Reviewer

Plus500 quick facts

Demo Account
✔Yes
Instruments
CFDs on Forex, Stocks, Indices, Commodities, ETFs, Options, Crypto
Regulator
FCA, CySEC, EFSA, ASIC, FMA, FSCA, MAS, ISA, FSA, DFSA, SCA, JFSA, SCB, CIRO, BAPPEBTI, OJK, BI
Platforms
WebTrader, App
Minimum Deposit
$100
Minimum Trade
Variable
Account Currencies
USD, EUR, GBP, AUD, ZAR, CZK

Pros

  • Plus500 has bolstered its suite of short-term trading products, including introducing VIX options with enhanced volatility and extended 24/5 hours trading on select stock and ETF CFDs, including SpaceX
  • AI Bites has been added, giving active traders real-time, AI-generated market summaries, technical analysis, and social sentiment next to charts, aiding in short-term trading decisions
  • Plus500 provides a specialized WebTrader platform designed explicitly for CFD trading, offering a clean and uncluttered interface

Cons

  • Algo trading and scalping are not supported, which may deter some day traders
  • The absence of social trading means users can’t follow and replicate the trades of experienced traders
  • Compared to some competitors, especially IG, Plus500’s research and analysis tools are limited

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

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.
  • 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

  • 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 limited currencies available - primarily EUR and USD, AUD - 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.

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 Jemma Grist, Reviewer

Moomoo quick facts

Demo Account
✔Yes
Instruments
Stocks, Options, ETFs, ADRs, OTCs
Regulator
SEC, FINRA, MAS, SFC, ASIC, CIRO, JFSA, SC
Platforms
Desktop Platform, Mobile App
Minimum Deposit
$0
Minimum Trade
$0
Account Currencies
USD, CAD, AUD, JPY, MYR, HKD, SGD, CNY

Pros

  • The broker offers access to extended pre-market trading hours
  • 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 account range is narrow compared to other brokerages in its class with no managed portfolios or robo-advisor solutions
  • There is no negative balance protection, which is a common safety feature at top-tier-regulated brokers
  • Moomoo has faced multiple regulatory penalties in recent years, including fines and orders in 2026 that stopped it temporarily accepting some Japanese and Chinese clients

XM

With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders.

Christian Harris Christian Harris, Reviewer

XM quick facts

Demo Account
✔Yes
Instruments
CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies
Regulator
CySEC, DFSA, FSCA, SCA, FSA, FSC-Belize, FSC-Mauritius, CMA-Kenya, CMA-UAE
Platforms
MT4, MT5, TradingCentral
Minimum Deposit
$5
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR, GBP, JPY, ZAR

Pros

  • XM secured a category 5 license from the Securities and Commodities Authority (SCA) of the United Arab Emirates in late 2025, strengthening its regulatory credentials and making it a strong option for traders in the Middle East.
  • XM stands out for its commitment to trader education, with a wealth of well-presented resources, including webinars, tutorials, and even real-time trading sessions through XM Live.
  • XM has rolled out platform upgrades with integrated TradingView charts and an XM AI assistant, delivering faster execution, smarter analysis, and a sleeker, more intuitive trading experience.

Cons

  • XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable solution for a more beginner-friendly user experience with unique features.
  • XM is falling behind the curve by not offering cTrader, which is favored over MetaTrader by some serious traders for its smoother user experience and superior charting package.
  • Although trusted and generally well-regulated in some regions, XM also has global entities registered with the weak regulators like FSC (Belize) and FSA (Seychelles), whilst UK clients are no longer accepted, reducing its market reach.

InstaForex

InstaForex is a good choice for currency traders familiar with the MT4 and MT5 platforms. The broker offers more forex pairs than most rivals with very tight spreads and a low minimum deposit.

William Berg William Berg, Reviewer

InstaForex quick facts

Demo Account
✔Yes
Instruments
Forex, shares, indices, metals, oil and gas, futures, cryptos, binary options
Regulator
BVI FSC
Platforms
MT4, MT5
Minimum Deposit
$1
Minimum Trade
0.01 Lots
Account Currencies
USD, EUR

Pros

  • Low minimum deposit to get started
  • Reputable brand that over seven million investors have signed up to in the last 15+ years
  • MT4 and MT5 integration

Cons

  • The broker’s website and Client Cabinet can feel tricky to navigate
  • Mixed user reviews on third-party sites, including some complaints of withdrawal issues

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 BarraJames BarraHead 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).