Top-Rated Forex Brokers by WIKILIX Score

Fifty-seven brokers earn a WIKILIX score of 70 or higher and also carry our clean status label, which means no scam report or clone warning stands against them. This page ranks all fifty-seven by score. It starts from the 113 brokers we score at 70 or above, then sets aside the 56 that carry a warning, close to half the group.

Marex leads at 91.3, ahead of Jefferies at 89 and T. Rowe Price at 87.9. The eight highest-scoring names are below.

Across the fifty-seven the median score is 76.5 and the floor is 70.2, so the distance from top to bottom is narrow. These are long-standing firms. The oldest, Bank of Scotland, opened in 1695, and 35 of the 57 were trading before 2010. Every one holds at least one tier-1 licence, and 28 hold licences from two or more separate authorities.

What the 70-point bar leaves in, and what it screens out

Two things put a broker on this page: a score of 70 or higher, and a clean status in our records. The second matters more than the first. A score reflects how a firm looks on the measures we track, such as how many authorities license it and how long it has traded, but it says nothing about whether that firm has since drawn a warning. Taking out the flagged names is what turns a score ranking into a shortlist worth starting from.

The score is not a cost comparison. It does not measure the spread you will pay or weigh execution quality, and it cannot tell you whether a firm suits your account size or accepts clients from your country. Read it as a first cut, then check the details that matter to you.

The 56 high-scoring firms this list leaves out

Several well-known names score highly and still carry a flag, which is the whole reason the status screen exists. Straits Financial scores 80.9 yet sits in our records with a scam report against it. An entity trading under the Blackrock name, registered in Hong Kong in 2023, carries our suspicious-clone label, and Santander UK is flagged with an exceeded status. The clone case is the one that catches most people: a clone borrows the name and often the real licence number of a genuine firm, so the badge on its site can read correctly while the company behind it is not the licensed one.

Banks and retail shops on one list

This is not a roster of retail forex shops alone. The score covers every firm we track, so a global investment bank like Jefferies and an asset manager like T. Rowe Price rank beside smaller currency and CFD brokers. Many of the institutions here show a maximum leverage of 1:1, because they run no leveraged retail accounts. Before you treat any name as somewhere to open a forex account, confirm it offers that account to clients like you.

Before you fund an account

• Copy the licence number from the firm's own page and search it on the regulator's register directly, for a UK firm that is the Financial Conduct Authority register, not through a link the firm gives you.
• Check that the legal entity name on the register matches the company you are about to sign with, not just the brand on the website.
• Confirm the licence covers forex or CFDs rather than general advice, and that its status reads active.
• Search the regulator's clone-firm and warning lists for the name before you deposit.
• Treat offshore-only registration and leverage far above your local cap as reasons to slow down.