Best Broker for Funded Traders 2026: Raw Pricing, Active Trading
Broker Desk, 2026
By Ken Chigbo, Founder, KenMacro, UK macro desk. Updated 2026-06-04.
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For funded traders and active scalpers in 2026, Blueberry Markets leads as the best all-round home for raw pricing without strategy restrictions. The Direct account prices from 0.0 pips with a round-turn commission near $7, and the platform stack covers MT4, MT5, cTrader and TradingView, which matters when you are replicating a funded challenge setup or running automated strategies. ASIC sits at the top of the regulatory tree (AFSL 535887), though most retail clients are onboarded via the offshore entities (Mauritius FSC, Vanuatu VFSC), so you trade off tier-1 protection for higher leverage up to 1:500. The $100 minimum makes it realistic to mirror a small live account alongside a funded one. IC Markets is the sharper choice if you only care about the tightest raw spreads on cTrader, but Blueberry wins on flexibility, copy trading and TradingView integration. The desk picks Blueberry first because it covers the widest set of active-trader workflows without forcing a platform compromise.
The desk verdict
Top pick: Blueberry Markets. Blueberry Markets leads because it pairs raw 0.0 pip pricing and a roughly $7 round-turn commission with the broadest platform set (MT4, MT5, cTrader, TradingView) and a low $100 entry, which suits funded-style workflows better than any single-platform rival.
Who this is for
This page is built for traders running funded-account strategies, prop-style scalping or high-frequency systems that need raw ECN pricing, fast fills and zero hassle around strategy type. The KenMacro desk judged each broker on three things: real cost of execution (spread plus commission, not headline pips), platform fit for automated and manual scalping, and the honesty of the regulatory setup once you read past the homepage. We have ignored bonuses and influencer noise. Every fact below comes from the broker’s own disclosures, and where the retail entity is offshore we say so plainly, because that is the single biggest variable for active traders sizing up counterparty risk against leverage and flexibility.
The comparison
How the desk scores brokers
No paid placement decides these rankings. The desk weighs regulation and client-fund protection, the true all-in trading cost, the withdrawal and support record, platform and execution quality, and fit by trader type. Affiliate relationships are disclosed: KenMacro may earn a commission if you open an account through a link, at no cost to you, and that never changes the order. Every broker listed has been checked against its public regulator record.
The brokers, ranked
Blueberry Markets
Blueberry Markets is the desk’s pick for funded-style traders who want raw pricing without being locked to one platform. Direct account spreads start at 0.0 pips with around $7 round-turn, and you get MT4, MT5, cTrader and TradingView from a $100 minimum. Just be clear that ASIC protection (AFSL 535887) only applies to the Australian entity; most retail clients land on the Mauritius or Vanuatu books in exchange for leverage up to 1:500.
Best for: all-round trading, copy trading and TradingView users. Regulation: ASIC for Australia; offshore (Mauritius FSC, Vanuatu VFSC) for most retail clients. Platforms: MT4, MT5, TradingView, cTrader. Watch-out: tier-1 protection only under the ASIC entity; most retail clients are onboarded offshore.
IC Markets
IC Markets is the purist’s choice for tightest raw ECN spreads and serious cTrader scalping, with Raw Spread pricing from 0.0 pips and leverage up to 1:500 on the offshore book. The $200 minimum is a step up from peers, and most retail clients sit under Seychelles FSA rather than ASIC or CySEC, so weigh that against the execution quality.
Best for: the tightest raw spreads, scalping and cTrader. Regulation: ASIC and CySEC for those regions; Seychelles offshore for most retail. Platforms: MT4, MT5, cTrader. Watch-out: the $200 minimum is higher than some, and the regulation is offshore for most retail.
VT Markets
VT Markets fits active traders who want to scalp FX alongside metals, oil and indices from one account, with raw pricing from 0.0 pips, standard from about 1.1 pips, and platforms across MT4, MT5, TradingView and WebTrader+. ASIC and FSCA cover their regions, but most retail clients are offshore and UK residents are not accepted, so confirm the entity before funding.
Best for: multi-asset macro trading across FX, metals, oil and indices, and the desk bundle. Regulation: ASIC and FSCA for those regions; offshore for most retail clients. Platforms: MT4, MT5, TradingView, WebTrader+. Watch-out: UK residents are not accepted; confirm the entity for your region.
FP Markets
FP Markets is a solid alternative for raw ECN pricing on cTrader, with the Raw account from 0.0 pips, a $100 minimum and ASIC plus CySEC oversight (with offshore coverage for some regions). It is a credible IC Markets substitute on cost, though support can lag during peak sessions, which matters if you need fast resolution mid-session.
Best for: cTrader and raw ECN pricing. Regulation: ASIC and CySEC, plus offshore for some regions. Platforms: MT4, MT5, cTrader, TradingView. Watch-out: support can be slower at peak times.
Quick routing
If you want one broker that covers funded-style scalping, copy trading and TradingView in a single login, go with Blueberry Markets. If your only metric is the tightest raw spread on cTrader and you can fund $200, IC Markets is the sharper tool. If you trade FX alongside oil, metals and indices as a macro book, VT Markets gives you the multi-asset spread (though UK residents are out). If you want an ECN cTrader setup at a $100 minimum with ASIC and CySEC on the parent group, FP Markets is the value pick. Funded-challenge runners should default to Blueberry or IC Markets for execution consistency.
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Frequently asked
What is the best broker for funded traders in 2026?
Blueberry Markets leads the desk’s list for funded-account-style traders in 2026. The Direct account offers raw spreads from 0.0 pips with around $7 round-turn commission, supports MT4, MT5, cTrader and TradingView, and accepts a $100 minimum. ASIC (AFSL 535887) regulates the Australian entity, while most retail clients are onboarded offshore in exchange for leverage up to 1:500. IC Markets is the close second if you want the tightest cTrader spreads.
Which broker has the tightest raw ECN spreads for scalping?
IC Markets is built around true ECN raw spreads from 0.0 pips on the Raw Spread account, and the cTrader integration is a favourite among scalpers and algo traders. Leverage runs up to 1:500 on the offshore Seychelles FSA entity, with ASIC and CySEC covering their respective regions. The trade-off is a $200 minimum deposit, which is higher than Blueberry, VT Markets or FP Markets, all of which start at $100.
Are these brokers safe for active and high-frequency strategies?
All four list raw pricing accounts intended for active trading, and none of the supplied facts restrict scalping or automation. Blueberry Markets, IC Markets, VT Markets and FP Markets all operate under tier-1 regulators (ASIC, CySEC or FSCA) for some regions, but most retail clients are routed to offshore entities. That means higher leverage up to 1:500 but reduced statutory protection, so size positions and counterparty exposure accordingly.
What is the minimum deposit to start with these brokers?
Three of the four start at $100: Blueberry Markets, VT Markets and FP Markets. IC Markets requires a higher $200 minimum on the Raw Spread account. For traders mirroring a funded challenge with a small live account alongside, the $100 brokers are easier to scale into, but the deposit is rarely the deciding factor compared with execution quality and platform fit.
Can UK traders use these brokers?
It depends on the broker. VT Markets explicitly does not accept UK residents per the facts on file. Blueberry Markets, IC Markets and FP Markets onboard most retail clients via offshore entities (Mauritius, Vanuatu, Seychelles or equivalent), which can affect UK access and protections. Always confirm the entity you are signing with before funding, since the regulator on the homepage is not always the one on your client agreement.
Educational and general information only, not financial advice. CFDs and forex are complex, leveraged instruments and a high percentage of retail accounts lose money. Check a broker’s regulation and the exact entity you are onboarded under before depositing. KenMacro has commercial partnerships with some brokers referenced and may earn a commission if you open an account, at no cost to you.
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