FP Markets takes the crown as the best Overall Forex platform in the 2024 Finder Awards thanks to its impressive range of currency pairs, competitive pricing, tight spreads and fast execution.
Finder Forex Trading Platform Awards 2024
The Finder Forex Trading Platform Awards 2024 recognise the best Australian and international forex trading platforms and accounts. Check out the winners below.
Finder Forex Trading Platform Awards 2024 Winners
Best Overall Broker: FP Markets
Highly commended
IC Markets
IC Markets is named Highly Commended for Overall due to its fee structure and available markets.
Pepperstone
Last year's winner, Pepperstone remains a great all-rounder platform and is named Highly Commended this time around.
Best for beginners: Pepperstone
Pepperstone is named our winner for Best Forex platform for Beginners due to its easy-to-use platform and educational tools, including a demo account.
Highly commended
IC Markets
IC markets is the runner-up for Beginners, boasting useful educational tools and user-friendly features.
FP Markets
FP Markets is the other Highly Commended winner for Beginners, offering a demo account and low minimum deposits.
Best value: Capital.com
Capital.com is the winner for Best Value because of its competitive commissions and spreads, low account fees, free trading and educational tools and demo account.
Highly commended
Plus500
Plus500 is named Highly Commended for Value thanks to its low fees and spreads.
GO Markets
GO Markets takes its first Highly Commended for Value due to competitive pricing.
Best for advanced: CMC Markets
CMC Markets has cemented its reputation as a leading forex trading platform, managing to package advanced trading and research tools into an easy-to-use interface, along with an unmatched range of forex pairs, fast execution, liquidity and low spreads.
Highly commended
FP Markets
FP Markets earns a spot because of its range of trading tools and available markets.
IC Markets
IC Markets is also named Highly Commended for Advanced Trading thanks to its supported platforms and account types.
Best for commodities: Pepperstone
Pepperstone wins the award for Commodities thanks to its tier 1 pricing, low spreads, high liquidity and availability of markets.
Highly commended
IC Markets
IC Markets takes another Highly Commended, this time for its flexible trading options and competitive spreads on commodities.
CMC Markets
With support for more than 100 commodities and low spreads, CMC Markets is also Highly Commended for Commodities trading.
Best for MT4: GO Markets
GO Markets is named the best platform for MetaTrader4 trading due to its advanced order types, trading tools and supported research functionality.
Highly commended
Pepperstone
Pepperstone is the runner-up for best MetaTrader 4 platform because of its extensive trading and research tools.
Capital.com
Capital.com is also Highly Commended for MetaTrader4 due to its supported platforms and all-round trading experience.
Best for AUD/USD: FP Markets
FP Markets earns another winner's medal as the best platform for AUD/USD trading thanks to its low forex spreads and supported funding methods.
Highly commended
GO Markets
GO Markets earns its place thanks to competitive spreads on USD and low commissions.
Blueberry Markets
Like GO Markets, Blueberry is Highly Commended because of low USD spreads and trading commissions.
Best for casual trading: Capital.com
Capital.com wins the award for best Casual Trading platform because of its educational resources, low fees and demo account.
Highly commended
Pepperstone
Pepperstone gets another Highly Commended for Casual, offering competitive fees, demo accounts and app support.
Plus500
Plus500 also earns a mention for its transparent fee structure and educational resources.
Best for gold (CFD) trading: FP Markets
FP Markets takes out top spot for Gold (CFDs) trading due to its competitive spreads on gold trading and range of supported currencies.
Highly commended
CMC Markets
CMC Markets is Highly Commended because of its tight spreads on gold CFDs.
Capital.com
Capital.com is also Highly Commended for gold CFD trading due to its low spreads and commissions on gold trading.
Best for cTrader: IC Markets
IC Markets is named best for cTrader thanks to its low fees, supported account types and deep liquidity.
Highly commended
FP Markets
FP Markets is Highly Commended for its cTrader support and additional trading tools.
Fusion Markets
Fusion Markets also earns a mention as a worthwhile cTrader-supported platform, with competitive fees and liquidity.
Best for Mobile Forex Trading App: IC Markets
IC Markets takes the award for Best Forex Mobile App thanks to its feature-packed user-friendly interface, mobile trading experience and platform support.
Highly commended
FP Markets
FP Markets is the runner-up for best Mobile App because of its full-featured mobile app and customer support.
GO Markets
GO Markets earns a Highly Commended due to its multiple app options and additional supported features.
How we picked our 2024 Finder Forex Trading Awards
Our share trading platform award winners are based on 100+ hours of research by our expert authors and insights team.
We researched 31 of Australia's most popular share trading platforms including IG, CMC Market and Pepperstone. We compared 61 features including fees, available markets, supported trading platforms, research tools and much more.
Depending on the award category, we then weighted these features based on their relevance. For example, in the Best for Value category, we assigned more weight to overall trading fees, while for Best for Beginners, we assigned more weight to things like demo trading.
Meet our experts
Kylie Purcell, Senior Editor, Investments
Kylie is Finder's investments expert. She is responsible for selecting the awards criteria we use to determine the winners.
Piyush Pillai, Insights analyst
Piyush is an insights analyst at Finder and is responsible for developing the methodology for Finder's Product Awards. He holds an MBA from Macquarie University and a MSc in Banking and Finance from the University of London.
Thomas Stelzer, Investing editor
Tom is a publisher and finance writer, specialising in crypto and investing. He first started investing in crypto in 2017.
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