Best EUR/USD Forex Brokers

Written by Miro Nikolov

Miro Nikolov

Miro Nikolov is the co-founder of TradingPedia.com and BestBrokers.com. His mission is to help people make profitable investments by giving them access to educational resources and analytics tools.

, | Updated: September 16, 2025

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• Jump to:
• Curated List of The 10 Best Forex Brokers for EUR/USD Trading
• How EUR/USD Trading Works for Traders and Brokers
• FAQ
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When looking for a broker to trade the EUR/USD currency pair, forex enthusiasts have a wide range of options. To help traders choose a suitable platform, our team of experts tested several regulated brands and compiled a top list of the best brokerages for trading EUR/USD. Each broker received a quality score based on several factors, including Trustpilot rating, regulation, fees and commissions, available trading platforms, customer service, and more.

1. 

   Plus500 US

   Rating: 4

   This content applies only to Plus500 US and clients from the United States. Trading futures involves the risk of loss.

2. 

   eToro

   Rating: 4.2

   61% of retail investor accounts lose money

3. 

   Fusion Markets

   Rating: 4.8

   74-89% of retail's CFD accounts lose money

4. 

   FP Markets

   Rating: 4.9

   73.85% of retail investor accounts lose money

5. 

   Global Prime

   Rating: 4.7

   74-89% of retail CFD accounts lose money

6. 

   Pepperstone

   Rating: 4.4

   75.5% of retail investor accounts lose money

We have thoroughly evaluated all brokers listed below using TradingPedia’s exclusive methodology.

Curated list of the 10 best forex brokers for EUR/USD trading

The forex market is valued at over $2 quadrillion, making it the largest market worldwide. Liquidity is very high, and the EUR/USD is a perfect example of this.

The EUR/USD pairing is appealing to both traders and foreign exchange brokers alike, and it is one of the most traded pairs in the FX sphere. Those who stick to the EUR/USD are, all in all, spoilt for choice given the number of online brokers they can choose from.

Not all brokers are created equal, however. Factors such as the EUR/USD spread and the range of available products can vary from broker to broker, which is why we have created the following list of potential options.

Getting involved in the foreign exchange sector was once merely a pipe dream for retail traders. The market was accessible only to large entities such as corporations and hedge funds, but, thankfully, that is no longer the case. Now, any trader can join the forex action thanks to the internet and the various online brokers that serve clients worldwide.

Given that the most influential currencies in the world are currently the euro and the USD, the pairing they form is, as established, the most actively traded pair globally. The EUR/USD is, therefore, a great place to start for traders who are new to FX trading, and experienced professionals also see significant opportunity in this pairing.

How EUR/USD trading works for traders and brokers

Currency pairs operate on the basis of a base currency and a quote currency. In this case, the euro is the base currency, meaning it is fixed at a value of one. The US dollar (often called the greenback) is the quote currency, and the EUR/USD pair shows how many dollars are needed to buy one euro. This makes the pairing unique because, in most cases, the USD is the denominator.

Since the US dollar is the most traded currency in the world, followed by the euro, liquidity in this pairing is significant. Various factors influence the EUR/USD, including employment rates in both regions, US gross domestic product, monetary policy from the respective central banks, and more. The market is, therefore, known to be volatile.

Buying EUR/USD initiates the trade. To close it, you need to sell the pair, and this is done through a forex broker. More often than not, brokers are market makers, i.e., they set the bid and ask prices and may serve as the counterparty to a trade. Some brands, however, operate without a dealing desk and instead act as intermediaries offering direct market access.

The key costs to consider when choosing an FX broker are commission and spread; the spread represents the difference between the bid (sell) and ask (buy) prices of a currency pair. Narrow spreads mean lower trading costs, which is why the EUR/USD spread should be one of the primary factors you consider when selecting a forex broker. Other considerations include rollover fees, non-trading costs, available platforms, safeguards such as negative balance protection, and customer support, among others. Your chosen brokerage will play a key role in whether you become a successful trader.

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