Best Brokers for Position Trading 2025

Published :
Updated :
Written by
Ryan Hardy sitting before his forex trading desk
Fact Checked by
Richard Walz headshoot
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A forex broker is a fintech firm or dealer that provides online trading services to retail traders and investors. Forex brokers serve as intermediaries between individual traders and the global forex market. These brokers support and facilitate various trading styles and methods, including scalping, hedging, day trading, copy trading, high-frequency trading (HFT), swing trading, and position trading.

Position trading in forex is a long-term strategy where traders hold positions for weeks, months, or even years to capture major market trends. Unlike swing or day trading, position traders are less concerned with short-term price fluctuations and focus instead on the broader economic outlook, fundamental analysis, and long-term technical indicators. This method requires patience and a strong risk management approach, as positions are exposed to larger market moves over extended periods. Brokers suitable for position trading must provide low swap rates (or swap-free account options), competitive spreads, stable execution, and platforms such as MetaTrader 4, MetaTrader 5, or TradingView, which allow for detailed fundamental and technical analysis.

In this article, we have listed the best forex brokers for position trading. We reviewed these brokers based on regulation, trading platforms, account types, funding options, trading fees, swap policies, and overall trading conditions. By comparing these brokers, you can find the most suitable forex broker that supports position trading.

A list of the top 10 Forex Brokers for Position Trading

  • Pepperstone: Best Overall Forex Broker 
  • FP Markets: Fast Deposit and Withdrawal 
  • Fusion Markets: Lowest commission Broker
  • BlackBull: Best Broker For Free TradingView
  • XM: Best for Deposit Bonus and incentives. 
  • IC Markets: Tight spread brokers 
  • Eightcap: Best for Smart Trading Tools 
  • TickMill: Competitive Trading Conditions 
  • Just Markets: Forex broker with leverage upto 1:3000
  • AvaTrade: Market Maker broker for position trading

Best Forex Brokers for Position Trading (Compared and Reviewed)

Best Overall Forex Broker
Pepperstone

Pepperstone

  • Founded In:  2010
  • Minimum Deposit: No minimum deposit
  • Maximum Leverage: Up to 30:1 (ASIC, CySEC, FCA, BaFin & DFSA Retail), 200:1 (SCB retail), 400:1 (CMA retail), and 500:1 (Professional); varies by jurisdiction and client categorization
  • Regulations: FCA, ASIC, CySEC, BaFIN, DFSA, CMA, and SCB
  • Trading Platforms: MT4, MT5, cTrader, TradingView, and Own Trading Platforms
  • Trading Instruments: Trade 1,350+ CFD instruments across Forex, Commodities, Indices, Currency Indices, Cryptocurrencies, Shares, ETFs, and Forwards
FP Markets

FP Markets

  • Founded In:  2005
  • Minimum Deposit: 100 AUD or equivalent.
  • Maximum Leverage: 500:1
  • Regulations: ASIC, CySEC, SVGFSA, FSCA
  • Trading Platforms : MT4, MT5, cTrader, WebTrader, IRESS
  • Trading Instruments: Forex, Shares, Metals, Commodities, Indices, Digital Currencies, Bonds, ETFs 
Fusion Markets

Fusion Markets

  • Founded In:  2017
  • Minimum Deposit: $1000
  • Maximum Leverage: 1:500
  • Regulations : ASIC, VFSC, and FSA
  • Trading Platforms : MT4, MT5, cTrader
  • Trading Instruments: Forex, Metals, Indices, Energy & Soft Commodities, Cryptocurrency, US Share CFDs
BlackBull Markets

BlackBull Markets

  • Founded In: 2014
  • Minimum Deposit: $0
  • Maximum Leverage: 1:500
  • Regulations : FCA, ASIC, NFA, or CySEC. 
  • Trading Platforms : MT4,MT5, Ctrader ,Tradingview, Copytrader
  • Trading Instruments: Forex ,Share, CFDs and Commodities
XM

XM

  • Founded In:  2009
  • Minimum Deposit: $5
  • Maximum Leverage: 1000:1
  • Regulations :FSC
  • Trading Platforms : MT4, MT5
  • Trading Instruments: Forex , Commodities, Stock ,Indices , Crypto , Turbo Stocks Equity indices , Precious Metals , Energies 
IC Markets

IC Markets

  • Founded In:  2007
  • Minimum Deposit: $200
  • Maximum Leverage: 1:1000
  • Regulations: ASIC, CySEC,  and FSA
  • Trading Platforms: MT4, MT5, Ctrader and TradinView
  • Trading Instruments: Forex, commodities, indices, cryptocurrencies, shares, ETFs, and CFD forwards
Eightcap

Eightcap

  • Founded In:  2009
  • Minimum Deposit: $100
  • Maximum Leverage: 1:1000
  • Regulations : ASIC,FCA, CySEC, SCB
  • Trading Platforms : MT4, MT5, TradingView, Webtrader
  • Trading Instruments: Forex,Commodities,Indices,Shares,Crypto
Tickmill

Tickmill

  • Founded In:  2014
  • Minimum Deposit: $100
  • Maximum Leverage: 1:500
  • Regulations : FCA, CySEC, FSA, FSA (Labuan), and FSCA.
  • Trading Platforms : MT4, MT5, WebTrader Platform, MetaTrader for Mac , Tickmill Mobile App
  • Trading Instruments: Forex , Stock Indices, Commodities,Bonds, Cryptocurrencies, Stocks
Just Markets

Just Markets

  • Founded In:  2012
  • Minimum Deposit: $1
  • Maximum Leverage: 1:3000
  • Regulations : FSA, Cysec, FSCA, FSC
  • Trading Platforms :MT4, MT5
  • Trading Instruments: Forex, CFDs, Gold, Oil
AvaTrade

AvaTrade

  • Founded In:  2006
  • Minimum Deposit: $100
  • Maximum Leverage: 1:400
  • Regulations: CBI, ASIC, JFSA, FSA, FSCA, ADGM, ISA, KNF, IIROC
  • Trading Platforms : MT4, MT5, AvaTradeGO, WebTrader, AvaOptions, DupliTrade, ZuluTrade
  • Trading Instruments: Metals, Commodities, Stocks, FX Options, Oil, ETFs, Options, Crypto currencies, CFDs, Indexes, Shares, Spread Betting, Indices, Forex, Bonds

Can I Trust These Forex Brokers for Position Trading

Yes, you can trust these position trading forex brokers. Brokersway recommends brokers based on facts and findings. We evaluate brokers based on 170 data points grouped into 6 macro categories, including regulations and security, fees, Trading experience, trading tools, customer support, and trading education. Multiple regulatory authorities regulate these brokers. So they are legit and trusted. Here are the regulations of these brokers

  • Pepperstone: Regulated by 7 Regulatory Authorities, including FCA, ASIC, CySEC, BaFin, DFSA, CMA, and SCB
  • FP Markets: Regulated by 4 Regulatory Authorities, including ASIC, CySEC, FSCA, FSA
  • Fusion Markets: Regulated by 3 Regulatory Authorities, including ASIC, VFSC, and FSA
  • BlackBull Markets: Regulated by 2 Regulatory Authorities, including FMA, FSA-S
  • XM: Regulated by 5 Regulatory Authorities, including ASIC, CySEC, DFSA, FSCA, FSC in Belize (Global)
  • IC Markets: Regulated by 3 Regulatory Authorities, including ASIC, CySEC, FSA-S
  • Eightcap: Regulated by 5 Regulatory Authorities, including ASIC, FCA, CySEC, SCB, and FSA
  • Tickmill: Regulated by 6 Regulatory Authorities, including CySEC, FCA, DFSA, FSCA, FSA- Labuan, FSA-S
  • Just Markets: Regulated by 4 Regulatory Authorities, including CySEC, FSC- Mauritius, FSA-S, FSCA.
  • AvaTrader: Regulated by 9 Regulatory Authorities, including ASIC, JFSA, FSA, FSCA, ADGM, CBI, ISA, KNF, IIROC

How Did We Select These Position Trading Forex Brokers?

To select the best forex brokers for position trading, we follow the procedures below.

Research:

To choose the best brokers for position trading, we conducted extensive research, focusing on the spreads, features, services, and regulations associated with each broker. We analyzed market trends, broker offerings, and user feedback to understand what traders value most. This comprehensive approach allowed us to build a solid foundation for our evaluations.

Data Collection:

We gathered data from various reliable sources, including official regulatory bodies, broker websites, and reputable financial news platforms. This data encompassed key metrics such as trading fees (spreads, commissions),  available assets, leverage options, and client support services. Additionally, we considered user reviews and testimonials to gauge trader satisfaction and experiences.

Verification:

After collecting data, we verified the information to ensure accuracy and reliability. This step involved cross-referencing details from multiple sources, including regulatory websites and independent reviews. By ensuring that our data is accurate, we aim to present an honest assessment of each broker’s strengths and weaknesses.

Live Testing:

We conducted live testing of the shortlisted brokers to provide a real-world perspective. This involved opening demo accounts and executing trades to evaluate the trading platforms, order execution speed, and customer service responsiveness. Our live testing process allowed us to assess each broker’s performance under actual market conditions, providing valuable insights into their functionality.

Scoring:

Finally, we scored each broker based on a set of criteria, including regulatory compliance, trading costs, platform usability, available trading instruments, customer support, and overall user experience. Each category was assigned a specific weight, reflecting its importance in the trading process. The scores helped us rank the brokers, ensuring that our recommendations align with the needs and preferences of traders who want to trade with a position trading strategy. 

Frequently Asked Questions: FAQ

What is a forex broker?

A forex broker is a fintech company or dealer that acts as an intermediary between traders and the global financial markets. They provide access to online platforms where clients can buy and sell currency pairs efficiently. Most forex brokers primarily operate as CFD (Contract for Difference) brokers. While they allow trading of currency pairs, they also offer CFDs on commodities, stocks, indices, and cryptocurrencies. CFDs let traders speculate on price movements without owning the underlying asset, providing flexibility and access to multiple markets from a single platform

Forex brokers also handle deposits, withdrawals, and profit management. They partner with payment processors to ensure transactions are fast and secure. They provide trading platforms with tools for technical and fundamental analysis, order execution, and risk management, often allowing margin and leverage trading. Brokers also connect traders to liquidity providers or act as counterparties themselves, which form different trading models like A-Book and B-Book. These models determine whether trades are passed directly to the market or handled internally, impacting spreads, execution speed, and potential conflicts of interest.

What is Position Trading?

Position trading refers to a strategy that focuses on holding trades for a long period, ranging from weeks to months or even years, to capitalize on major market trends. It relies on price charts, technical analysis, and long-term market patterns rather than on short-term fluctuations or intraday data. Traders use this strategy to identify strong trends, key support and resistance levels, and potential reversals. The strategy helps traders maximize long-term profits while managing risk with strategic entry and exit points. This method provides a comprehensive understanding of market dynamics, allowing traders to make informed and disciplined trading decisions across any market or asset class

Final Verdict:

Forex brokers are companies or individuals who provide online trading services to retail or institutional traders. They act as intermediaries and facilitate online trading services for retail traders and investors. Brokers offer platforms and tools that allow clients to trade currencies and CFD instruments, including commodities, indices, stocks, and cryptocurrencies.

Position trading is a long-term strategy where traders hold positions for weeks, months, or even years, aiming to profit from major market trends. This strategy relies on fundamental analysis, economic data, and long-term technical patterns. Successful position trading requires brokers that provide reliable execution, low spreads, and access to comprehensive research and analytical tools.

To choose the best forex brokers for position trading, consider platform reliability, execution speed, availability of long-term trading tools, and broker credibility. Additional factors such as leverage options, account types, and risk management tools also influence long-term trading effectiveness. Based on these criteria, the above brokers are reviewed to help you choose a reliable forex broker suitable for position trading.