Top5brokers Awards 2023

top5brokers Awards 2023

Presenting the updated annual selection of the best brokers across several categories.
Results are based on a comprehensive review of our methodology as well as updated and new broker reviews.

Best brokers in 2023

Explore all the categories and the winners, check the related Best list to learn about more details, including the runners-up.

Best online broker

Interactive Brokers

Best list

Best discount broker

DEGIRO

Best list

Best stock broker

Interactive Brokers

Best list

Best crypto broker

TradeStation

Best list

Best options trading platform

tastyworks

Best list

Best forex broker

Saxo Bank

Best list

Lowest spread forex broker

Fusion Markets

Best list

Best CFD broker

XTB

Best list

Best futures broker

NinjaTrader

Best list

Best broker for bonds

TD Ameritrade

Best list

Best broker for beginners

eToro

Best list

Best broker for investing

Interactive Brokers

Best list

Best broker for day trading

Interactive Brokers

Best list

Best trading platform

Saxo Bank

Best list

Best stock trading app

DEGIRO

Best list

Best broker for IPO

Webull

Best list

Best MetaTrader broker

Fusion Markets

Best list

Best social trading platform

eToro

Best list

Best IRA broker

E*TRADE

Best list

Best ISA broker

Freetrade

Best list

Methodology changes

We assigned greater weight to fee levels and safety considerations
We increased the weights of bonds, and margin rates as both are affected in current macro environment
We further optimized the gathering of fee data via automation
We collected more than 50,000 data points for 100+ brokers

Team

While the whole team put in their fair share, the annual update effort was designed and overseen by