SearchStart learning free

The free trading resource

Learn. Trade. Grow. Like a Wizard.

Free trading courses, strategy guides and calculators, plus broker and prop firm comparisons built on verified data. No memberships, no paywalls.

Start learning freeSee how it works
  • 6 step-by-step courses
  • 8 free calculators
  • Sourced broker and prop firm reviews
Trading AcademyStrategiesCalculatorsBrokersProp FirmsIndicatorsBlog

Trading Academy

Beginner to advanced courses on markets, charts, risk and building a tested plan.

Start learning

Free trading tools

Size positions and plan risk before you click buy.

Position sizeRisk/rewardPip valueDrawdown

Compare brokers and prop firms

Ranked on regulation, costs and rules, with every figure sourced.

Compare brokersCompare prop firms

Size your next trade before you place it

Enter your balance, how much you're willing to lose and where your stop goes. You'll get the exact lot size, so one bad trade stays a small one.

Need pip value for a cross pair, or a margin and drawdown check?

Open all 8 calculators
Amount at risk$100.00
Position size0.40 lots
Units40,000

Top-rated brokers and prop firms

Scored out of 100 on regulation, costs and rules with our published methodology. Every figure links to its source and is re-checked at least every 90 days.

Forex and CFD brokers

Full ranking

1

Pepperstone

Best overall: low raw-account costs, top-tier regulation and every major platform

92

/100

2

IG

Best for regulation and range: a FTSE 100 group with a US arm

91

/100

3

Interactive Brokers

Best for low-cost forex at scale and US traders

90

/100

Prop firms

Full ranking

1

FTMO

Best overall: the longest track record and clear, published rules

91

/100

2

The5ers

Best for long-term scaling up to $4M

86

/100

3

FundedNext

Best for choice of platforms, including futures

85

/100

Rankings are editorial. We may earn a commission from some listed firms, but sponsored partners are never ranked. How we make money

Featured guides

All articles

Top Prop Firms in 2026: Our Ranked Shortlist

FTMO, The5ers and FundedNext lead our 2026 ranking. Here's how the top prop firms compare on rules, price and payouts, and what to check before you buy a challenge.

November 3, 2026

Read article

Prop Firm vs Broker: Which Is Right for You?

A prop firm challenge and a broker account both get you trading, but they work very differently. Here's how costs, risk and rules compare.

November 2, 2026

Read article

How to Choose a Forex Broker in 2026: A 7-Point Checklist

Regulation comes first, then costs, platforms and how you get your money out. Use this checklist before you open any account.

November 1, 2026

Read article

Popular resources

RSI explained: overbought, oversold and divergenceA rules-based trend following strategyRisk management basicsWhy most traders fail prop firm challengesHow to read candlestick charts

How WizardTrader works

1

Learn

Work through the academy and strategy guides at your own pace.

2

Compare

Pick a broker or prop firm using sourced data and a published methodology.

3

Plan every trade

Size each position with the calculators so one loss never hurts.

How we stay free

Frequently asked questions

Is WizardTrader free?

Yes. Every course, strategy guide, calculator and comparison on WizardTrader is free, with no membership or sign-up.

How does WizardTrader make money?

Through affiliate commissions, clearly labelled sponsored placements and display ads. Sponsored listings never appear inside our editorial rankings. See our advertiser disclosure.

Does WizardTrader give financial advice?

No. Our content is educational and does not take your personal circumstances into account. Trading carries a high risk of loss; read our risk disclaimer.

How are brokers and prop firms ranked?

Each one gets a score out of 100 from a published methodology covering regulation or rules, costs, platforms and reputation. Data is checked against official sources and re-verified at least every 90 days.