5 Best Swing Trading Forex Brokers for 2026
Swing trading requires a different approach than the average short-term trader takes. By using the 250-point proprietary FXEmpire rating system, I have found the best swing trading brokers for our readers to consider.
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I weighed the fees, the range of markets, and the platforms on offer. Regulatory oversight was a big factor as well, and even educational and research content. After all, the average swing trader is thinking about the overall picture, not just momentum. By learning about the overall mechanics and reasons for bigger moves via a strong education in a specific area, this can give traders a head start in success.
List of Top Forex Brokers for Swing Trading
Best for US Traders
Best for International Traders
*AvaTrade doesn’t allow CFD trading in Spain; only Futures are available.
Compare All Listed Brokers
| Broker | Score | Fees Score | Min Deposit | Max Leverage | Platforms | Visit Broker |
|---|---|---|---|---|---|---|
FxPro | 4.3 | 3.0 | $0 | 1:30 (FCA) 1:10000 (FSA) · 1:200 (SCB) · 1:30 (CySEC) | MT5, cTrader, MT4, FxPro Trading Platform, FxPro Mobile App, TradingView | 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing money. (EU, UK) |
FP Markets | 4.6 | 4.1 | $100 | 1:500 (FSA) 1:500 (FSCM) · 1:500 (Unregulated) · 1:400 (FSCA) · 1:30 (ASIC) · 1:500 (CMA) | MT5, cTrader, IRESS, MT4, Mottai, TradingView | Contracts for Difference (CFDs) are leveraged over-the-counter derivative products and carry a high level of risk to your capital. You should only risk capital that you can afford to lose. In certain circumstances, due to fluctuations in market value you may not get back your initial investment amount. You may not only lose your initial investment but you may incur a liability to pay a further amount to cover losses. This means you can lose more money than you have invested. |
IC | 4.8 | 5.0 | $0 | 1:30 (ASIC) 1:30 (CySEC) · 1:5000 (FSA) · 1:400 (CMA) · 1:200 (SCB) | MT5, cTrader, MT4, TradingView, Zulutrade | Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. |
AvaTrade | 4.5 | 4.2 | $100 | 1:400 (FSCA) 1:30 (CBI) · 1:200 (BVI FSC) · 1:30 (ASIC) · 1:400 (ADGM) · 1:25 (JFSA) · 1:30 (ISA) · 1:30 (CySEC) | AvaOptions, AvaSocial, MT5, Proprietary, MT4, DupliTrade, Ava Web Trader, AvaTrade App | Trading CFDs and FX Options entail risk and could result in the loss of your capital. |
Swissquote | 4.3 | 2.6 | $1000 | 1:100 (FINMA) 1:20 (SFC) · 1:30 (MFSA) · 1:100 (MAS) · 1:30 (CSSF) · 1:30 (CySEC) · 1:30 (FCA) · 1:30 (DFSA) · 1:100 (FSCA) | MT5, MT4, CFXD, TradingView | Investing in FX & CFD carries a high degree of risk. Losses can exceed your initial investments |
How Did I Select the Best Forex Brokers for Swing Trading?
- I only selected brokers that had strong regulatory bodies governing them and offered transparency.
- I spent time looking for reasonable swap fees, allowing traders to take advantage of longer-term movement easily.
- Suitable platforms. I excluded anyone with weak platforms.
- I looked for actionable insight and tools for clients to use.
- Instruments selection. I prefer brokers that offer global coverage and allow the mitigation of risk by spreading it out.
Best Overall
- $0Min Deposit
- 2090Tradable Instruments
- HighFees
Why We Picked It
FxPro was founded in 1999 and is based in London, England. FxPro is also licensed by global regulators, allowing for the safety of client funds. The broad range of platforms, different account options, small fees, and research make it the best in this list overall.
Key Swing Trading Features:
- Regulators: FCA UK, CySEC, SCB Bahamas, FSA Seychelles
- Max. Retail Leverage: 1:30 (Europe, UK), 1:10,000 (global)
- Swap Fees: In line with the industry average
- Trading Platforms: MT4, MT5, cTrader, FxPro Web Platform, FxPro Mobile, and TradingView
- Additional Tools: Trading Central, LiveSquawk, VPS
- Accounts: Standard, Raw+, Elite
- Instruments: CFDs, Futures
FxPro offers over 2,100 markets to trade, covering global asset classes, allowing swing traders to take advantage of longer-term moves. The overnight swap fees are in line with the industry average, and the availability of commission-free trading accounts makes this a good choice for swing traders.
Trading Central research tools and analysis is offered at FxPro, and this can help traders understand bigger market themes to take advantage of. There is also a screener for candlestick patterns offered, which will help technical traders as well.
The platform choices are strong, with the MetaTrader 4 and 5 options, as well as the cTrader and TradingView options. FxPro has a proprietary trading platform called FxPro Edge Web, that I really liked.
Pros and Cons
- Multiple trading platforms
- Trading Central research
- Diverse range of asset classes
- Feature-rich mobile app
- $10 inactivity fee after 6 months of no activity
Best Low Spreads
- $100Min Deposit
- 10180Tradable Instruments
- MediumFees
Why We Picked It
FP Markets has been around since 2005 and is based in Australia. The broker offers over 10,000 markets for traders to explore. There is a Trader’s Toolbox for MetaTrader 4, and offers copy and signal trading. The spreads are what FP Markets is really known for, with a commission-free spread of 1.0 pips on the EUR/USD.
Key Swing Trading Features:
- Regulators: ASIC, FSCA, CySEC, CMA Kenya, FSA Seychelles
- Max. Retail Leverage: 1:500 (FSCA and FSA Seychelles)
- Swap Fees: Lower than average
- Trading Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView
- Additional Tools: MetaTrader add-ons, Autochartist, Trading Central
- Accounts: Standard, Raw spread
I tested the Raw MT5 trading account, which offers raw spreads starting from 0.0 pips, and a round-turn commission of $6 per lot traded.
I found all of the spreads tight, with the metals and energy markets being particularly good. This makes FP Markets a value for those looking to maximize entries for those longer-term swing trades, as well as short-term traders who find their way here.
The MetaTrader platform offers over 80 analytical tools, and the ability to change chart configurations quickly. This platform is also known for its ability to handle algo trading natively, so traders will be able to employ those strategies if they so choose to.
Pros and Cons
- Low spreads and affordable commissions
- Strong regulation
- Several platforms
- No proprietary platform offered
Best Trading Tools
- $0Min Deposit
- 7342Tradable Instruments
- LowFees
Why We Picked It
IC Markets is an Australian broker that has been in operation since 2007. It has over 7,300 instruments for trading, allowing traders to search through a long list of asset classes. This is also balanced with some of the best trading tools available, such as the Trading Central suite of tools.
Key Swing Trading Features:
- Regulators: CySEC, ASIC, FSA Seychelles, CMA Kenya, SCB Bahamas
- Max. Retail Leverage: 1:5000 (FSA Seychelles)
- Swap Fees: Low to average
- Trading Platforms: cTrader, MT4, MT5, and TradingView
- Additional Tools: Trading Central, Autochartist
- Accounts: Raw, Standard
- Instruments: Currency Pairs, Bonds, Futures, Crypto, Stocks
I opened a Raw cTrader account with IC Markets for my testing. There is a $6 round-turn commission per lot fee, and spreads that were as low as 0.0 pips during highly liquid markets. The cTrader platform is well-known for its automation and charting abilities. It also has a lot of configuration choices, making it a natural fit.
There are several tools that I liked, including the Autochartist tool and the suite of tools from Trading Central. This allows swing traders to look at market behavior in different ways than just from candlestick patterns. This allows traders to watch market sentiment and much more, offering deeper insight into market behavior.
Pros and Cons
- Regulated under strict rules
- Low spreads/fees/commissions
- Autochartist and Trading Central
- Choice of platforms
- Higher swaps
Best for Beginners
- $100Min Deposit
- 1472Tradable Instruments
- MediumFees
Why We Picked It
AvaTrade has been around since 2006, and hails from Ireland. The broker is also authorized by the Central Bank of Ireland and holds several other regulators overseeing operations. It is a choice for beginning traders, as it has so many educational resources, commission-free trading, and unique risk-management tools.
Key Swing Trading Features:
- Regulators: CBI Ireland, CySEC, ASIC, JFSA, FSCA, ISA, ADGM, BVI FSC
- Max. Retail Leverage: 1:400 (FSCA and ADGM)
- Swap Fees: Lower than the industry average
- Trading Platforms: WebTrader, AvaOptions, MT4, MT5, AvaSocial, Duplitrade
- Additional Tools: Guardian Angel Suite (for MetaTrader), Trading Central
- Accounts: Standard
- Instruments: CFDs, options, futures contracts
AvaTrade is a good home for beginner swing traders as it offers some of the lowest overnight swap fees in the industry, which can help longer-term traders succeed over the life of their investments. There are multiple platforms available for use as well.
AvaWeb Trader and AvaTrade App are both easy to use and trade with. The AvaSocial app allows traders to copy the trades of others via its community tools, which can allow the beginner trader to draw upon the experience of more advanced traders.
Where AvaTrade really shines is its wide range of educational materials. The AvaTrade Academy has many articles, videos, courses, and e-book offerings that will help new traders with technical analysis and other elements of trading the financial markets.
Pros and Cons
- Beginner-friendly platforms
- AvaSocial copy trading
- Commission-free trading
- AvaTrade Academy
- Inactivity fee
Best Trading Platform
- $1000Min Deposit
- 454Tradable Instruments
- HighFees
Why We Picked It
Swissquote is based in Geneva and has been in business since 1996. It is regulated by seven Tier-1 regulators, making it heavily regulated by most industry standards. It is even listed on the Swiss Stock Exchange.
Key Swing Trading Features:
- Regulators, FINMA, CSSF, FCA, CySEC, MFSA, FSC Hong Kong, MAS, DFSA, FSCA
- Max. Retail Leverage: 1:100 (FINMA, DFSA, FSCA)
- Swap Fees: Average
- Trading Platforms: MT4, MT5, CFXD, TradingView
- Additional Tools: MetaTrader Master Edition, Autochartist, FIX API
- Accounts: Standard, Premium, Prime, Professional
- Instruments: Currency Pairs, Bonds, Futures
Swissquote has developed an advanced platform with over 100 technical indicators and drawing tools. The charts are fluid and even powered by trader favorite TradingView. The charts feature all of the advantages that the broader TradingView system offers. That being said, the CFXD platform also offers OCO orders, but doesn’t offer automated trading. The execution speed is fast, with an average of 9 milliseconds. This is below the industry average by far. This is ideal for traders looking to get the best price available.
I tested the Standard account, which has no commissions and floating spreads from 1.4 pips. This is roughly in line with the industry average, making it a reasonable choice for swing traders.
Pros and Cons
- Advanced trading platform
- Supervised by multiple top-tier regulators
- Ultra-fast order execution of around 9ms
- Great selection of research tools
- High spreads
All the Brokers We Tested
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About the Authors
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.
Aviva is a Senior Content Editor at FXEmpire. Her substantial contributions include refining over 150 broker reviews and 'Best Brokers Guides,' enhancing our proprietary methodology, and ensuring every fact is meticulously verified.
As a Senior Content Editor at FXEmpire, Ola has revised and fact-checked over 200 broker reviews and guides. Her profound understanding of financial markets has been crucial in developing the proprietary rating system.