Data study
Forex brokers held their ground in search in 2026. Crypto exchanges and investing apps slipped (November update)
We tracked how visible 88 trading platforms' websites were in organic search over the 12 months to October 2026, using blended Ahrefs and Semrush data. Half of the forex and CFD brokers gained ground; most crypto exchanges and more than half of the stock-investing apps lost it.
Published Nov 10, 2026 · Data through October 2026 · 88 platforms · By the Coinish editorial team
Key findings
- Of the 87 platforms we could measure, 34 gained search visibility, 41 lost it and 12 held steady.
- Forex and CFD brokers did best: 22 of 44 gained ground, and their median six-month traffic change was about 0%.
- Crypto exchanges had the fewest risers: only 4 of 20 rose, 60% cooled or declined, and the median traffic change was −20%. Stock brokers and investing apps fared little better (8 of 23 rising, median −25%).
- Baraka had the strongest momentum of any platform (97 out of 100), followed by FxPro and ADSS.
- Many of the best-known names lost ground, including Binance, Coinbase, Kraken, eToro, IG and OANDA. Size made little difference overall: the most visible third of platforms averaged a momentum of 48, the least visible third 45.
The 10 platforms with the most momentum
Momentum measures how fast a platform’s own website has been gaining organic search visibility (traffic, top-10 keyword rankings and new referring domains), with erratic month-to-month swings penalised. It is scored against all 88 tracked sites, so 50 is roughly the group average. The trend label shows the direction of growth over six and twelve months.
- Baraka97
- FxPro97
- ADSS88
- moomoo87
- Coinfinity85
- Fusion Markets83
- ThinkMarkets81
- Orbex81
- Libertex81
- Swissquote79
| # | Platform | Type | Momentum | Trend | Market Signal | Data confidence |
|---|---|---|---|---|---|---|
| 1 | Baraka | Stock brokers & investing apps | 97 | Rising Fast ↑↑ | 38 | Medium |
| 2 | FxPro | Forex & CFD brokers | 97 | Rising Fast ↑↑ | 66 | Medium |
| 3 | ADSS | Forex & CFD brokers | 88 | Rising Fast ↑↑ | 45 | Medium |
| 4 | moomoo | Stock brokers & investing apps | 87 | Rising Fast ↑↑ | 78 | Medium |
| 5 | Coinfinity | Crypto exchanges | 85 | Rising Fast ↑↑ | 27 | High |
| 6 | Fusion Markets | Forex & CFD brokers | 83 | Rising Fast ↑↑ | 41 | High |
| 7 | ThinkMarkets | Forex & CFD brokers | 81 | Rising Fast ↑↑ | 54 | Medium |
| 8 | Orbex | Forex & CFD brokers | 81 | Rising Fast ↑↑ | 33 | Limited |
| 9 | Libertex | Forex & CFD brokers | 81 | Rising Fast ↑↑ | 48 | Medium |
| 10 | Swissquote | Forex & CFD brokers | 79 | Rising Fast ↑↑ | 49 | Medium |
Not ranked here: IC Markets. Moved from icmarkets.com to ic.com in mid-2026; its momentum reflects the move, not growth. It stays in the full table below, marked with an asterisk.
“Limited” data confidence means our two data sources differ widely for that site, so read those rows with care.
Momentum by type of platform
Grouping the platforms by what they mainly offer shows a clear split. Brands offering forex or CFDs are in the first group even when they also sell shares; apps that sell shares and crypto (such as Revolut or Trade Republic) count as investing apps.
| Type | Platforms | Avg. momentum | Rising | Stable | Cooling or declining | Median 6-month traffic change | Avg. Market Signal |
|---|---|---|---|---|---|---|---|
| Forex & CFD brokers | 44 | 51 | 22 | 5 | 17 | about 0% | 48 |
| Stock brokers & investing apps | 23 | 45 | 8 | 3 | 12 | −25% | 50 |
| Crypto exchanges | 20 | 43 | 4 | 4 | 12 | −20% | 53 |
Median traffic change is the six-month change in each site’s organic traffic (Ahrefs), rounded to the nearest 5 points, with Limited-confidence sites left out. Market Signal is our score for where a platform stands today, not how fast it is moving.
What stands out
Mid-size forex and CFD brokers gained; the biggest names didn’t
Half of the forex and CFD brokers rose, led by FxPro, ADSS, Fusion Markets and ThinkMarkets. Several of the largest, though, cooled: IG, eToro, OANDA, FOREX.com and Capital.com all carry a Cooling trend. The gains came mostly from mid-size brokers rather than the market leaders.
The big crypto exchanges lost ground
Of the 8 crypto exchanges with the highest Market Signal, 4 cooled or declined (Coinbase, Binance, Kraken and KuCoin) and only 2 rose (Crypto.com and Gate). Crypto exchanges still have the highest average Market Signal of the three groups (53), so they remain very visible; they are just less visible than they were. Search interest in crypto tends to follow crypto prices, which may explain part of this, but our data shows what changed, not why.
Investing apps split in two
Baraka, moomoo, Tiger Brokers and Revolut gained visibility, while Webull, SoFi Invest, Wealthsimple, Trade Republic and Hargreaves Lansdown lost it, and Robinhood held steady. Being well known was no protection: 12 of 23 investing apps cooled or declined, including several of the most visible brands in the group.
When the trend label and the score disagree
tastyfx and Public carry a Rising trend but a low Momentum score. Their traffic grew over the window, but it swung sharply from month to month, and Momentum penalises that volatility while the trend label does not. We read that as growth that hasn’t settled yet.
All 88 platforms, ranked by momentum
| # | Platform | Type | Momentum | Trend | Market Signal | Data confidence |
|---|---|---|---|---|---|---|
| 1 | Baraka | Stock brokers & investing apps | 97 | Rising Fast ↑↑ | 38 | Medium |
| 2 | FxPro | Forex & CFD brokers | 97 | Rising Fast ↑↑ | 66 | Medium |
| 3 | ADSS | Forex & CFD brokers | 88 | Rising Fast ↑↑ | 45 | Medium |
| 4 | moomoo | Stock brokers & investing apps | 87 | Rising Fast ↑↑ | 78 | Medium |
| 5 | Coinfinity | Crypto exchanges | 85 | Rising Fast ↑↑ | 27 | High |
| 6 | Fusion Markets | Forex & CFD brokers | 83 | Rising Fast ↑↑ | 41 | High |
| 7 | ThinkMarkets | Forex & CFD brokers | 81 | Rising Fast ↑↑ | 54 | Medium |
| 8 | Orbex | Forex & CFD brokers | 81 | Rising Fast ↑↑ | 33 | Limited |
| 9 | Libertex | Forex & CFD brokers | 81 | Rising Fast ↑↑ | 48 | Medium |
| 10 | Swissquote | Forex & CFD brokers | 79 | Rising Fast ↑↑ | 49 | Medium |
| 11 | Markets.com | Forex & CFD brokers | 75 | Rising Fast ↑↑ | 52 | Medium |
| 12 | NAGA | Forex & CFD brokers | 74 | Rising Fast ↑↑ | 53 | Medium |
| 13 | Gate | Crypto exchanges | 71 | Rising Fast ↑↑ | 67 | Medium |
| 14 | FXCM | Forex & CFD brokers | 69 | Rising Fast ↑↑ | 52 | Medium |
| 15 | AvaTrade | Forex & CFD brokers | 65 | Rising Fast ↑↑ | 56 | Limited |
| 16 | iFOREX | Forex & CFD brokers | 64 | Rising Fast ↑↑ | 25 | Medium |
| 17 | FP Markets | Forex & CFD brokers | 63 | Rising Fast ↑↑ | 54 | Medium |
| 18 | Saxo | Forex & CFD brokers | 58 | Rising Fast ↑↑ | 68 | Medium |
| 19 | Crypto.com | Crypto exchanges | 56 | Rising ↑ | 73 | High |
| 20 | Skilling | Forex & CFD brokers | 56 | Rising ↑ | 39 | Medium |
| 21 | ActivTrades | Forex & CFD brokers | 55 | Rising ↑ | 38 | High |
| 22 | Tiger Brokers | Stock brokers & investing apps | 55 | Rising Fast ↑↑ | 44 | Medium |
| 23 | Vantage | Forex & CFD brokers | 54 | Rising ↑ | 54 | Medium |
| 24 | WhiteBIT | Crypto exchanges | 54 | Rising ↑ | 43 | Medium |
| 25 | Revolut | Stock brokers & investing apps | 53 | Rising ↑ | 83 | High |
| 26 | Bitpanda | Stock brokers & investing apps | 53 | Rising ↑ | 54 | Medium |
| 27 | Admirals | Forex & CFD brokers | 53 | Stable → | 51 | High |
| 28 | Wio Invest | Stock brokers & investing apps | 52 | Rising ↑ | 30 | Medium |
| 29 | CMC Markets | Forex & CFD brokers | 52 | Rising ↑ | 57 | High |
| 30 | Bybit | Crypto exchanges | 51 | Stable → | 69 | Medium |
| 31 | Trading 212 | Forex & CFD brokers | 51 | Rising ↑ | 57 | High |
| 32 | HYCM | Forex & CFD brokers | 51 | Stable → | 26 | Medium |
| 33 | Dukascopy | Forex & CFD brokers | 49 | Rising ↑ | 56 | Medium |
| 34 | Firstrade | Stock brokers & investing apps | 49 | Rising ↑ | 41 | Medium |
| 35 | Robinhood | Stock brokers & investing apps | 47 | Stable → | 78 | High |
| 36 | DADAT | Stock brokers & investing apps | 46 | Stable → | 22 | Medium |
| 37 | OKX | Crypto exchanges | 46 | Stable → | 64 | Medium |
| 38 | XTB | Forex & CFD brokers | 46 | Stable → | 64 | Medium |
| 39 | Kapital RS | Forex & CFD brokers | 46 | Rising ↑ | 24 | Limited |
| 40 | Coinbase | Crypto exchanges | 45 | Cooling ↓ | 78 | Medium |
| 41 | Bitvavo | Crypto exchanges | 45 | Stable → | 58 | Medium |
| 42 | Interactive Brokers | Forex & CFD brokers | 45 | Stable → | 61 | Medium |
| 43 | Lightyear | Stock brokers & investing apps | 44 | Stable → | 40 | Medium |
| 44 | Webull | Stock brokers & investing apps | 43 | Cooling ↓ | 56 | Medium |
| 45 | Pepperstone | Forex & CFD brokers | 41 | Cooling ↓ | 45 | Medium |
| 46 | FOREX.com | Forex & CFD brokers | 41 | Cooling ↓ | 62 | Medium |
| 47 | eToro | Forex & CFD brokers | 40 | Cooling ↓ | 70 | Medium |
| 48 | OANDA | Forex & CFD brokers | 40 | Cooling ↓ | 73 | High |
| 49 | flatex | Stock brokers & investing apps | 40 | Cooling ↓ | 39 | Medium |
| 50 | Tickmill | Forex & CFD brokers | 39 | Cooling ↓ | 38 | Medium |
| 51 | Fineco | Forex & CFD brokers | 39 | Cooling ↓ | 52 | Limited |
| 52 | CoinSpot | Crypto exchanges | 39 | Cooling ↓ | 49 | Medium |
| 53 | Nordnet | Stock brokers & investing apps | 39 | Cooling ↓ | 45 | Medium |
| 54 | XM | Forex & CFD brokers | 38 | Cooling ↓ | 49 | Limited |
| 55 | SoFi Invest | Stock brokers & investing apps | 38 | Cooling ↓ | 73 | Medium |
| 56 | Bit2Me | Crypto exchanges | 38 | Cooling ↓ | 48 | Medium |
| 57 | Plus500 | Forex & CFD brokers | 38 | Stable → | 51 | Medium |
| 58 | Uphold | Crypto exchanges | 38 | Cooling ↓ | 45 | Medium |
| 59 | HFM | Forex & CFD brokers | 38 | Cooling ↓ | 49 | Medium |
| 60 | Trade Nation | Forex & CFD brokers | 37 | Cooling ↓ | 31 | Medium |
| 61 | Stake | Stock brokers & investing apps | 37 | Cooling ↓ | 40 | Medium |
| 62 | IG | Forex & CFD brokers | 36 | Cooling ↓ | 72 | Medium |
| 63 | 21bitcoin | Crypto exchanges | 36 | Cooling ↓ | 20 | High |
| 64 | Binance | Crypto exchanges | 36 | Cooling ↓ | 77 | Medium |
| 65 | Scalable Capital | Stock brokers & investing apps | 35 | Cooling ↓ | 41 | Medium |
| 66 | Independent Reserve | Crypto exchanges | 35 | Stable → | 38 | High |
| 67 | Wealthsimple | Stock brokers & investing apps | 35 | Cooling ↓ | 65 | Medium |
| 68 | Trade Republic | Stock brokers & investing apps | 35 | Cooling ↓ | 50 | High |
| 69 | TradeStation | Stock brokers & investing apps | 34 | Cooling ↓ | 41 | High |
| 70 | Questrade | Forex & CFD brokers | 34 | Cooling ↓ | 49 | Medium |
| 71 | KuCoin | Crypto exchanges | 33 | Cooling ↓ | 61 | Medium |
| 72 | Kraken | Crypto exchanges | 33 | Cooling ↓ | 71 | Medium |
| 73 | Paybis | Crypto exchanges | 33 | Cooling ↓ | 50 | Medium |
| 74 | Hargreaves Lansdown | Stock brokers & investing apps | 33 | Cooling ↓ | 66 | Medium |
| 75 | NDAX | Crypto exchanges | 32 | Cooling ↓ | 28 | Medium |
| 76 | Deriv | Forex & CFD brokers | 32 | Cooling ↓ | 47 | Limited |
| 77 | Bitstamp | Crypto exchanges | 31 | Declining ↓↓ | 42 | Medium |
| 78 | Freedom24 | Stock brokers & investing apps | 31 | Declining ↓↓ | 29 | Medium |
| 79 | DEGIRO | Stock brokers & investing apps | 30 | Declining ↓↓ | 27 | Medium |
| 80 | Eightcap | Forex & CFD brokers | 29 | Declining ↓↓ | 26 | Medium |
| 81 | tastyfx | Forex & CFD brokers | 29 | Rising ↑ | 30 | High |
| 82 | Fortrade | Forex & CFD brokers | 28 | Declining ↓↓ | 23 | Limited |
| 83 | Capital.com | Forex & CFD brokers | 27 | Cooling ↓ | 54 | Medium |
| 84 | Gemini | Crypto exchanges | 25 | Declining ↓↓ | 53 | Medium |
| 85 | Spreadex | Forex & CFD brokers | 23 | Declining ↓↓ | 29 | High |
| 86 | Public | Stock brokers & investing apps | 23 | Rising Fast ↑↑ | 62 | Medium |
| 87 | City Index | Forex & CFD brokers | 14 | Declining ↓↓ | 25 | Medium |
| 88 | IC Markets* | Forex & CFD brokers | 98 | Rising Fast ↑↑ | 55 | Medium |
* IC Markets: Moved from icmarkets.com to ic.com in mid-2026; its momentum reflects the move, not growth. Listed last for that reason.
Methodology
Who is included. The 88 active trading platforms we track for Market Signal, the web-visibility half of the Coinish Score. Inclusion isn’t paid, commercial relationships don’t change these scores, and no platform saw the results before publication. IC Markets is shown but left out of the counts and averages because of a domain move.
Data. Organic search data for each platform’s own website from Ahrefs and Semrush, for the 12 months to October 2026, pulled on Nov 2, 2026. We publish only our own scores and labels, never either provider’s raw figures.
Momentum (0 to 100) combines six-month traffic growth, growth in top-10 keyword rankings and three-month growth in referring domains, from Ahrefs’ monthly history, minus a penalty for volatile month-to-month swings, scored relative to the group. Trend labels use the same three signals, with traffic measured over six and twelve months. Market Signal is our overall score for where a platform stands today. Full details are in How we rate.
Limits. These are estimates of each platform’s website traffic, a proxy for interest in the brand, not client numbers, trading volumes or quality. Multi-product brands (banks, super-apps) are measured on their whole website. A brand that moves to a new domain looks like a sudden riser on the new one, which is why we flag those. Platform types are our own grouping by what each brand mainly offers.
Using this data
You’re welcome to quote the findings and reproduce the tables or charts, with a link to this page. Suggested citation:
Coinish, "Forex brokers held their ground in search in 2026. Crypto exchanges and investing apps slipped (November update)" (November 2026), https://coinish.com/research/broker-search-visibility-2026/
Journalists and researchers can ask for the underlying scores through our contact page.
This study measures website visibility, not broker safety or cost. Coinish provides general information only. Nothing on this site is investment, tax or legal advice.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.