Best Forex Broker

How To Choose The Best Forex Broker

The foreign exchange market is one of the most exciting, fast-paced markets in the financial world. Unfortunately, it is also one of the most volatile, with large swings in currency values commonplace. As a result, choosing the best forex broker for your needs can take time and effort.

To start with forex trading, you just need to explore the best forex brokers and open an account with one that suits your trading style. However, you must do some initial research to find the best forex broker. You can easily find the most suitable broker according to your trading experience and needs.

In this guide, we will discuss how to choose the best forex brokers, why you should start forex trading, the pros and cons of forex, and more. Besides that, to help you choose the best broker, we will compare the features and benefits of some of the leading brokers in the industry to give you an overview of each offer. So, let’s get started.

When looking for the best forex brokers, there are several things you need to consider. These include:

#1 Regulatory Compliance

The first and foremost thing you need to check is whether a reputable body regulates the broker. A good way to check this is to see if the broker is listed on a major exchange. If they are, then they are most likely to be regulated. For example, a reputable forex broker in the USA will be an NFA member registered with the Commodity Futures Trading commission.

#2 Trading Platform

#3 Account Features

When choosing a forex broker, you must consider the account features. Some of the things you might want to look for include:

#4 Customer Support

A broker’s customer service should be accessible since Forex trading takes place 24 hours a day, seven days a week. In addition, think about whether it’s easy to get an actual person on the phone. A quick call to a forex broker can indicate their customer service and average wait periods.

What Is A Forex Broker?

A forex broker is an intermediary between traders and the foreign exchange market. They provide a platform where traders can buy and sell currencies and other services such as margin trading, which allows traders to borrow money to trade with.

The role of the forex brokers has become more important in recent years as the forex market has become more accessible to retail investors. Only large financial institutions and banks traded forex in the past, but now many online brokers allow retail investors to trade forex.

Generally, online forex brokers enable traders to largely use electronic trading platforms that the broker supports to execute forex deals. In addition to offering their own software for trading, many popular online forex brokers also support 3rd party MetaQuotes platforms, including MetaTrader 4 and 5 (MT4/5).

In addition, many forex brokers also provide extensive educational information for beginners, which may be utilized to improve their trading knowledge. They might also provide expert Forex market analysis and financial news feeds to assist you in making better trading decisions. Moreover, forex brokers make their money by charging commissions and spreads on the transactions they facilitate.

Why Trade Forex?

A forex transaction is the simultaneous purchase of one currency and the sale of another at a set exchange rate. Forex traders profit by selling one currency pair cheap and expensive or buying one pair high and selling it low.

A significant number of individuals trade forex because it’s a relatively easy process to get started. Once you open a trading account, download a free platform like MetaTrader. Trades can be executed quickly and easily, so traders have the flexibility to set their own pace. Plus, making money is another big motive for why people engage in forex trading.

This is usually where investors begin since they can gain a handle on the market without being overwhelmed by the asset they’re trading.

How Do I Know If My Forex Broker Is Regulated?

It is important to know if your forex broker is regulated. This will ensure that your broker is held accountable to a higher standard and that your funds are protected. The best way to find out is to check the broker’s website or contact them directly.

It is also good to check the regulator’s website to see if the broker is listed. For example, in the United States, you can check with the National Futures Association (NFA) or the Commodity Futures Trading Commission (CFTC). Moreover, check the reviews for your broker to see what other traders have to say about their experience.

Here is how you can determine if your forex broker is regulated:

👍 Check their license number

All regulated brokers will have a license number. You can check this against the regulator’s list of licensed brokers to ensure it is valid.

👍 Check Their Registration Status

Besides having a license, brokers must also be registered with the regulator. Again, you can check this on the regulator’s website.

👍 Find Their Membership Status

Some regulators require brokers to be members of a self-regulatory organization (SRO). For example, in the United States, brokers must be National Futures Association (NFA) members.

👍 Verify Details

If you question the authenticity of a website or brand, reach out to the regulator through the phone number or email address provided on their website.

👍 Global Availability

Make certain that the broker you’re looking into can take on customers from your home country. If they lack proper regulation to do so in your country, see if they at least legally can accept clients from your nation (for example, if an alternate yet suitable jurisdiction regulates the broker).

👍 Forex Brokers List

One must comprehend the currency pair offerings, account specifics (initial deposit, deposits/withdrawals, commissions/spreads, leverage, and margin), customer service, regulatory compliance, and trading platforms while thinking about how to select the finest Forex broker in 2022. Before choosing the finest Forex broker, take the time to read customer evaluations from both the broker’s past and present clients to get a sense of how well they performed when offering Forex services to individuals. Finding the best broker to trade with is essential for successful FX trading

The team at AsiaForexMentor.Com spent hours carefully compiling and curating the list of top brokers for this year’s edition of the best Forex brokers 2022. The flexible table below, in particular, offers a thorough comparison of Forex brokers that can be customized to a person’s preferences.

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AvaTrade
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Plus500
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FP Markets
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RoboForex
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EXNESS
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XM.COM
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JustMarkets
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HTFX
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Doo Prime
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Markets4you
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Zacks Trade
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FXTM
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Land Prime
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AMarkets
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FxGlory
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Instaforex
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eToro
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Forex4you
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Interactive Brokers
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Dukascopy Bank SA
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Markets.com
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GrandCapital
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FBS
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FreshForex
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FxPro
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Alpari
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DBG Markets
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FIBO Group
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HotForex
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HYCM
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OANDA
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Saxo Bank
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FXCM
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RoboMarkets
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Swissquote
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FXDD
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DeltaStock
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ActivTrades
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Admiral Markets
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NordFX
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BCS Forex
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DeltaStock
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ActivTrades
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Admiral Markets
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NordFX
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BCS Forex
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IFC Markets
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Dukascopy Europe
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Orbex
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EasyMarkets
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XTB.com
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CMC Markets
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Octa FX
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LMFX
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ICM Capital
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PhillipCapital UK
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Hantec Markets
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Finam Forex
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Core Spreads
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Fort Financial Service
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BMFN
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FxGiants
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Degiro
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GO Markets
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Forex.ee
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Tickmill
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Yadix.com
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Instaforex
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etoro
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Swiss Markets
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PSB Forex
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ICE FX
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FriedbergDirect
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TrioMarkets
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iOCBCfx
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UOB Kay Hian
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KGI Futures
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KE Forex
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City Index Singapore
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Haitong
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FXCitizen
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Land FX
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Pepperstone
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Vantage FX
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AXITrader
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Ak Investment
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InvestAZ
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Corner Trader
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Abshire-Smith
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ArgusFX
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Rank	Forex Broker	Founded	Regulated	Reviews	Payment Systems	Broker Type	Min. Deposit	Max. Leverage	Live Spread Euro/USD	Deposit Bonus	Accounts	Scalping	Bank Broker	VIP accounts	Micro accounts	Cent accounts	Hedging	No deposit Bonus	ECN accounts	Swap-free accounts	Trading instruments	Accepting US traders?	Provision of VPS	STP accounts	Phone Trading	24-hour support	Number of CFD assets	Mobile trading	Accrual of % to deposit	Trust management	Affiliate program	Country of Headquarters	Countries of offices	Deposit Currency	Trading Conditions	Mobile Trading	Auto Trading	Trading Platform	Web-based Platform	Number of currency pairs	Stock exchange instruments	Entry to Stock Exchange	Support live chat	FAQ	support language	support website language	Standarad Accounts	Segregated Accounts	Unlimited Demo	Forigen Currency accounts	OCO orders	Trailing Stop	Gauranted Stop Loss	Cashback Rebate	Self-developed trading platform	Availability of API	Autochartist support	Trading signals	Trading with expert advisers	Speed of order execution	Maximum number of trades	Maximum position size	Locked Margin level	Stop Out level	Margin Call level	Fixed Spread	Floating Spread	4 Digit Quotes	5 Digit Quotes	No deposit Bonus	Add to Comparison
1	AvaTrade	2006	ASIC, CBI	Yes	Paypal Brokers	NDD	100 $	1:400	N/A	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	200	iOS, Android	–	PAMM	–	Ireland	Australia, Germany	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	Yes	47	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	500	–	–	10%	10%	live spread	–	–	–	–	Added Click Here To View
2	Plus500	2008	FCA, ASIC	Yes	Cent Account Brokers	Multi-Asset	0 $	1:2000	–	–	Real Demo	Yes	–	No	No	–	Yes	–	–	–	Currency, CFD’s	Yes	No	–	Yes	yes	8700	iOS, Android	10	LAMM, MAM	–	United Kingdom	UK, Cyprus, Australia, New Zealand, South Africa, Israel, Singapore, and the Seychelles	–	Trading conditions	iOS, Android	MQL.5 Signals	[“MetaTrader 4, MetaTrader 5”]	Yes	Yes	50	Promotions, Depositary Receipts (ADR and GDR)	Entry to stock exchanges	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	No limit	100 лотов	25%	10%	40%	spread	–	–	–	–	Added Click Here To View
3	FP Markets	2005	ASIC, CySEC, ESMA	Yes	Paypal Brokers	ECN, STP, NDD	0 $	1:2000	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	No	No	–	No	yes	–	iOS, Android	–	–	–	Australia	Australia, Cyprus, UAE, China, St. Vincent and the Grenadines	–	Trading conditions	iOS, Android	MQL.5 Signals	[“MetaTrader 4, MetaTrader 5”]	Yes	No	–	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.01 sec	No limit	No limit	100%	50%	30%	spread	–	–	–	–	Added Click Here To View
4	RoboForex	2008	IFSC	Yes	Cent Account Brokers	NDD, ECN	0$	1:500	N/A	50 %	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	–	iOS, Android	–	PAMM, MAM	–	Belize	Belize	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, MetaTrader 5”]	Yes	No	390	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.001 sec	200	100 лотов	–	50%	100%	No	Yes	No	Yes	–	Added Click Here To View
5	EXNESS	2008	FCA, CySEC	Yes	Cent Account Brokers	MM	0 $	1:500	N/A	–	Real Demo	No	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	20000	iOS, Android	–	PAMM, LAMM	–	Cyprus	United Kingdom, Cyprus	–	Trading conditions	iOS, Android	MQL.5 Signals	[“MetaTrader 4, MetaTrader 5”]	Yes	No	39	–	–	yes	yes	English, Arab	English	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.1 sec	–	–	50%	50%	50%	No	Yes	No	Yes	–	Added Click Here To View
6	XM.COM	2009	ASIC, IFSC	Yes	Cent Account Brokers	ECN	20 $	1:100	N/A	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	79	iOS, Android	–	–	–	Cyprus	Australia, Belize	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	56	–	–	yes	yes	English, Chinese	English, Chinese	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	100 лотов	–	50%	100%	No	Yes	Yes	No	–	Added Click Here To View
7	JustMarkets	2012	CySEC, FSA	Yes	Cent Account Brokers	–	–	–	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	–	yes	–	–	–	–	–	–	–	–	–	–	–	[“”]	–	–	–	–	–	yes	yes	–	–	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	–	–	–	–	–	–	–	Added Click Here To View
8	HTFX	2018	CySEC, FCA	Yes	Cent Account Brokers	–	0 $	1:1000	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	200	iOS, Android	13	PAMM	–	–	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, MetaTrader 5”]	Yes	No	390	–	–	yes	yes	English, Bulgarian	Azerbaijani, English	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.1 sec.	–	–	50%	50%	50%	No	Yes	Yes	No	–	Added Click Here To View
9	Doo Prime	2014	FCA, VFSC, FSA, FINRA, ASIC	Yes	Cent Account Brokers	–	1 $	1:500	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, Cryptocurrencies	–	No	–	Yes	yes	59	iOS, Android	–	PAMM	–	–	–	–	Trading conditions	iOS, Android	–	[“”]	Yes	No	44	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	1000 лотов	–	50%	100%	No	Yes	Yes	Yes	–	Added Click Here To View
10	Markets4you	2007	BVI FSC	Yes	Cent Account Brokers	CFD, Multi-Asset	100 $	1:50	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, Cryptocurrencies	Yes	No	–	Yes	yes	70	iOS, Android	–	–	–	British Virgin Islands	–	–	Trading conditions	iOS, Android	Zulutrade	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	50	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	No limit	1000 лотов	–	10%	20%	No	Yes	Yes	Yes	–	Added Click Here To View
11	Zacks Trade	1978	FINRA, SEC	Yes	Cent Account Brokers	–	20 $	1:1000	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	78	iOS, Android	–	–	–	–	–	–	Trading conditions	iOS, Android	–	[“FOREXTrader PRO, MetaTrader 4”]	Yes	Yes	47	–	–	yes	yes	–	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	1000 лотов	–	10%	20%	No	Yes	No	Yes	–	Added Click Here To View
12	FXTM	2011	FSCA, CySEC, FSCA	Yes	Cent Account Brokers	–	50 $	1:1000	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	–	iOS, Android	–	PAMM	–	–	–	–	Trading conditions	iOS, Android	–	[“”]	–	–	39	–	–	yes	yes	English, Vietnamese	English, Vietnamese	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	No limit	–	–	–	–	No	No	Yes	Yes	–	Added Click Here To View
13	Land Prime	2010	FCA, FSA	Yes	Cent Account Brokers	ECN	100 $	1:1000	N/A	100 %	Real Demo	Yes	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	–	iOS, Android	7	–	–	Saint Vincent and the Grenadines	Afghanistan, Vietnam	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	–	–	NASDAQ (US), NYSE (USA)	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.001 sec.	No limit	100 лотов	–	20 %	50 %	No	No	Yes	No	–	Added Click Here To View
14	AMarkets	2007	FSA	Yes	Cent Account Brokers	NDD, ECN	1 $	1:3000	N/A	25 %	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	300	iOS, Android	–	–	–	Saint Vincent and the Grenadines	Saint Vincent and the Grenadines	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, MetaTrader 5”]	Yes	No	390	Promotions, Futures	NASDAQ (US), NYSE (USA)	yes	yes	English, Armenian	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.03 sec.	No limit	20 лотов	50 %	20 %	50 %	No	No	Yes	Yes	–	Added Click Here To View
15	FxGlory	2012	–	Yes	Cent Account Brokers	NDD, MM	50 $	1:30	N/A	–	Real Demo	No	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	–	iOS, Android	–	–	–	Georgia	Bulgaria, Georgia	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, MetaTrader 5”]	Yes	No	–	–	–	yes	yes	English, Arab	English	–	–	–	–	No	Yes	No	No	No	No	Yes	Yes	0.0001 sec.	1000	1000 лотов	50 %	30 %	50 %	Yes	No	No	Yes	–	Added Click Here To View
16	Instaforex	2007	RAUFR	Yes	Cent Account Brokers	ECN, STP	10000 $	1:40	N/A	30 %	Real Demo	No	–	–	–	–	Yes	–	–	–	CFD’s, Cryptocurrencies	–	No	–	Yes	yes	1000	iOS, Android	–	–	–	Russia	Bangladesh, Ghana	–	Trading conditions	iOS, Android	Etoro	[“eToro Trader”]	Yes	Yes	–	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	No	–	No limit	–	20 %	20 %	20 %	No	Yes	Yes	No	–	Added Click Here To View
17	eToro	2008	ASIC, FCA	No	Cent Account Brokers	NDD, STP	1000 $	1:200	N/A	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	495	iOS, Android	–	–	–	Cyprus	United Kingdom, China	–	Trading conditions	iOS, Android	–	[“”]	Yes	Yes	91	Promotions, Futures	NASDAQ (US), CME (USA)	yes	yes	English, Spanish	English, Spanish	–	–	–	–	No	Yes	No	No	No	No	No	No	–	–	–	–	–	–	Yes	No	Yes	No	–	Added Click Here To View
18	Forex4you	2008	ASIC, FCA	No	Cent Account Brokers	NDD, STP	100 $	1:300	N/A	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	1168	iOS, Android	–	PAMM	–	Cyprus	United Kingdom, China	–	Trading conditions	iOS, Android	–	[“Jforex”]	Yes	Yes	–	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	200	250 лотов	–	200 %	100 %	No	Yes	No	Yes	–	Added Click Here To View
19	Interactive Brokers	1977	FCA, CFTC	No	Cent Account Brokers	MM	10 $	1:2000	N/A	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	2500	iOS, Android	–	–	–	USA	United Kingdom, Hong Kong	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Market Mobile Trader”]	Yes	Yes	50	Promotions, Bonds	NASDAQ (US), CME (USA)	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	No limit	–	–	–	20 %	No	Yes	Yes	No	–	Added Click Here To View
20	Dukascopy Bank SA	1998	FINMA	No	Cent Account Brokers	ECN	1 $	–	–	–	Real Demo	No	Yes	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	400	iOS, Android	–	–	–	Switzerland	Hong Kong, China	–	Trading conditions	iOS, Android	MQL.5 Signals	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	Yes	20	Promotions, Futures	NASDAQ (US), CME (USA)	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	No limit	1000 лотов	25 %	20 %	50 %	No	Yes	Yes	Yes	–	Added Click Here To View
21	Markets.com	2006	CySEC	Yes	Cent Account Brokers	NDD	0 $	1:1000	–	100%	Real Demo	No	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	No	yes	–	iOS, Android	–	–	–	Cyprus	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	No	No	–	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	No	No	No	No	No	No	No	0.2 sec.	No limit	100 лотов	50 %	20 %	40 %	No	Yes	Yes	No	–	Added Click Here To View
22	GrandCapital	2006	–	Yes	Cent Account Brokers	STP	100 $	1:500	–	25 $	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	130	iOS, Android	36	PAMM, LAMM	–	Russia	Azerbaijan, Bangladesh	–	Trading conditions	iOS, Android	–	[“MetaTrader 4”]	No	No	390	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.1 sec.	No limit	100 лотов	25 %	20 %	40 %	No	Yes	Yes	Yes	–	Added Click Here To View
23	FBS	2009	IFSC, NAFD	Yes	Cent Account Brokers	ECN, STP	0 $	1:500	–	40%	Real Demo	Yes	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	71	iOS, Android	–	PAMM, MAM	–	Belize	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, cTrader”]	Yes	Yes	390	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	5.0E-5 sec.	No limit	10000 лотов	–	20 %	20 %	No	No	Yes	Yes	–	Added Click Here To View
24	FreshForex	2004	KROUFR	Yes	Cent Account Brokers	NDD, MM	5 $	1:1000	–	–	Real Demo	Yes	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	70	iOS, Android	–	PAMM	–	Russia	Saint Vincent and the Grenadines	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, cTrader”]	Yes	No	389	–	–	yes	yes	English, Indonesian	English, Arab	–	–	–	–	No	No	No	No	No	No	No	Yes	–	No limit	No limit	–	20 %	–	No	Yes	Yes	Yes	–	Added Click Here To View
25	FxPro	2006	FCA, CySEC	Yes	Cent Account Brokers	NDD, ECN	100 $	1:400	–	–	Real Demo	No	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	–	iOS, Android	–	–	–	United Kingdom	United Kingdom, Cyprus	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	390	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.3 sec.	500	No limit	–	10 %	40 %	No	No	No	Yes	–	Added Click Here To View
26	Alpari	1998	IFSC, NAFD	Yes	Cent Account Brokers	ECN	0 $	1:50	N/A	100 %	Real Demo	Yes	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	–	iOS, Android	–	–	–	Russia	Belize, Belarus	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	No	Yes	390	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.01 sec.	No limit	50 лотов	–	10 %	70 %	No	No	Yes	Yes	–	Added Click Here To View
27	DBG Markets	2007	ASIC, FCA, FSCA	Yes	Cent Account Brokers	–	10000 $	1:100	–	–	Real Demo	Yes	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	No	yes	–	iOS, Android	–	–	–	–	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Oanda FxTrade”]	Yes	Yes	73	–	–	yes	yes	English, Spanish	English, Spanish	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	–	–	No	Yes	Yes	No	–	Added Click Here To View
28	FIBO Group	1998	FSC, CNMV	Yes	Cent Account Brokers	NDD, MM	0 $	1:100	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	32421	iOS, Android	–	–	–	Austria	–	–	Trading conditions	iOS, Android	–	[“SaxoTrader”]	Yes	Yes	148	Promotions, Futures	NASDAQ (US), CME (USA)	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	–	–	No	Yes	Yes	Yes	–	Added Click Here To View
29	HotForex	2010	CySEC, FSC	No	Cent Account Brokers	NDD	100 $	1:500	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	57	iOS, Android	–	LAMM, MAM	–	Cyprus	Mauritius, Saint Vincent and the Grenadines	–	Trading conditions	iOS, Android	–	[“FXCM Trading Station, MetaTrader 4”]	Yes	Yes	37	–	–	yes	yes	English	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.2 sec.	No limit	–	–	100 %	100 %	No	Yes	No	Yes	–	Added Click Here To View
30	HYCM	1977	FCA	Yes	Cent Account Brokers	MM	1000 $	1:100	–	10%	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	8700	iOS, Android	–	–	–	United Kingdom	Hong Kong, Cyprus	–	Trading conditions	iOS, Android	MQL.5 Signals	[“MetaTrader 4, MetaTrader 5”]	Yes	Yes	50	Promotions, Depositary Receipts (ADR and GDR)	NASDAQ (US), CME (USA)	yes	yes	English, Spanish	English, Spanish	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	200	100 лотов	25 %	20 %	100 %	No	Yes	No	Yes	–	Added Click Here To View
31	OANDA	1996	ASIC, FCA	Yes	Cent Account Brokers	–	250 $	1:50	–	–	Real Demo	No	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	200	iOS, Android	–	–	–	USA	Australia, Bangladesh	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Advanced Trader”]	No	No	–	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	No	No	No	No	No	No	No	–	No limit	No limit	1 %	0 %	0 %	No	Yes	Yes	No	–	Added Click Here To View
32	Saxo Bank	1992	ASIC, FCA	No	Cent Account Brokers	ECN, STP	100 $	–	–	–	Real Demo	Yes	Yes	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	95	iOS, Android	–	–	–	Denmark	Australia, Brazil	–	Trading conditions	iOS, Android	–	[“Jforex, MetaTrader 4”]	Yes	Yes	59	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	–	–	No	Yes	Yes	No	–	Added Click Here To View
33	FXCM	1999	ASIC, FCA	Yes	Cent Account Brokers	NDD	100 $	1:400	–	–	Real Demo	No	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	–	iOS, Android	–	–	–	USA	Australia, United Kingdom	–	Trading conditions	iOS, Android	–	[“DeltaTrader, MetaTrader 4”]	No	No	–	–	–	yes	yes	English, Spanish	English, Spanish	–	–	–	–	No	No	No	No	No	No	No	No	0.001 sec.	No limit	No limit	–	20 %	50 %	No	Yes	Yes	No	–	Added Click Here To View
34	RoboMarkets	2012	CySEC	Yes	Cent Account Brokers	NDD, ECN	0 $	1:500	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	94	iOS, Android	–	–	–	Cyprus	Germany, Cyprus	–	Trading conditions	iOS, Android	–	[“”]	–	–	–	–	–	yes	yes	English, Arab	English, Spanish	–	–	–	–	No	No	No	No	No	No	No	Yes	0.5 sec.	No limit	100 лотов	50 %	30 %	100 %	No	Yes	Yes	Yes	–	Added Click Here To View
35	Swissquote	1996	FINMA	Yes	Cent Account Brokers	STP	0 $	1:1000	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	68	iOS, Android	–	PAMM	–	Switzerland	–	–	Trading conditions	iOS, Android	MQL.5 Signals	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	–	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	100	1000 лотов	–	20 %	40 %	No	Yes	Yes	Yes	–	Added Click Here To View
36	FXDD	2002	MFSA	No	Cent Account Brokers	NDD, ECN	1 $	1:200	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, Cryptocurrencies	–	No	–	Yes	yes	334	iOS, Android	–	–	–	Malta	–	–	Trading conditions	iOS, Android	MQL.5 Signals	[“MetaTrader 4”]	No	No	–	Promotions, Futures	NASDAQ (US), CME (USA)	yes	yes	English, Russian	English, Russian	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.005 sec.	200	100 лотов	25 %	20 %	100 %	No	No	Yes	Yes	–	Added Click Here To View
37	DeltaStock	1998	BNB	No	Cent Account Brokers	NDD, ECN	0 $	1:400	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	500	iOS, Android	7	–	–	Bulgaria	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 5, MetaTrader 5 Mobile”]	Yes	No	–	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.01 sec.	No limit	No limit	–	10 %	–	No	No	Yes	Yes	–	Added Click Here To View
38	ActivTrades	2001	FCA, CNMV	Yes	Cent Account Brokers	NDD	100 $	1:300	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	–	iOS, Android	–	–	–	Estonia	Bulgaria, United Kingdom	–	Trading conditions	iOS, Android	–	[“NetTradeX, MetaTrader 4”]	Yes	Yes	–	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	No	0.4 sec.	200	No limit	–	200 %	100 %	No	No	Yes	No	–	Added Click Here To View
39	Admiral Markets	2001	FCA, CNMV	No	Cent Account Brokers	NDD, ECN	0 $	1:40	–	–	Real Demo	No	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	34	iOS, Android	–	–	–	Vanuatu	–	–	Trading conditions	iOS, Android	–	[“Jforex”]	No	No	29	–	–	yes	yes	Russian	Russian	–	–	–	–	No	No	No	No	No	No	No	Yes	0.002 sec.	–	No limit	50 %	85 %	100 %	No	Yes	No	Yes	–	Added Click Here To View
40	NordFX	2008	SEBI, VFSC	Yes	Cent Account Brokers	NDD, ECN	500 $	1:500	–	100%	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency	–	No	–	Yes	yes	–	iOS, Android	–	–	–	Saint Vincent and the Grenadines	India, Thailand	–	Trading conditions	iOS, Android	–	[“”]	–	–	–	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	No	–	No limit	–	–	20 %	–	No	Yes	Yes	No	–	Added Click Here To View
41	BCS Forex	2006	MFSA	No	Cent Account Brokers	NDD, ECN	10 $	1:200	–	–	Real Demo	No	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	–	iOS, Android	–	–	–	Malta	–	–	Trading conditions	iOS, Android	Zulutrade	[“MetaTrader 5, MetaTrader 5 Mobile”]	Yes	No	–	–	–	yes	yes	English, Russian	English, Russian	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.1 sec.	–	50 лотов	50 %	20 %	–	No	Yes	No	Yes	–	Added Click Here To View
42	DeltaStock	1998	BNB	No	Cent Account Brokers	NDD, ECN	100 $	1:300	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency	–	No	–	Yes	yes	2000	iOS, Android	–	–	–	Bulgaria	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	No	No	59	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	No limit	–	–	–	–	No	Yes	Yes	No	–	Added Click Here To View
43	ActivTrades	2001	FCA, CNMV	Yes	Cent Account Brokers	NDD	1 $	1:5000	–	–	Real Demo	No	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	No	yes	–	iOS, Android	–	PAMM	–	Estonia	Bulgaria, United Kingdom	–	Trading conditions	iOS, Android	–	[“”]	No	No	109	–	–	yes	yes	English, Polish	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	No	–	–	1000 лотов	–	10 %	30 %	Yes	No	Yes	No	–	Added Click Here To View
44	Admiral Markets	2001	FCA, CNMV	No	Cent Account Brokers	NDD, ECN	0 $	1:200	–	–	Real Demo	No	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	100	iOS, Android	3	PAMM	–	Vanuatu	–	–	Trading conditions	iOS, Android	–	[“”]	Yes	Yes	101	Promotions, Futures	NASDAQ (US), LSE (United Kingdom)	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	No	0.09 sec.	–	No limit	5 %	50 %	100 %	Yes	No	Yes	No	–	Added Click Here To View
45	NordFX	2008	SEBI, VFSC	Yes	Cent Account Brokers	NDD, ECN	1 $	1:400	–	100%	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	Yes	yes	–	iOS, Android	–	–	–	Saint Vincent and the Grenadines	India, Thailand	–	Trading conditions	iOS, Android	–	[“MetaTrader 4”]	Yes	Yes	–	–	–	yes	yes	English, Russian	English, Indonesian	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	–	–	No	Yes	No	No	–	Added Click Here To View
46	BCS Forex	2006	FSA	No	Cent Account Brokers	NDD, ECN	100 $	1:400	–	50%	Real Demo	No	Yes	–	–	–	No	–	–	–	–	–	No	–	No	yes	–	iOS, Android	–	–	–	Cyprus	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4”]	Yes	No	–	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	No	No	No	No	No	No	No	–	–	–	–	–	–	Yes	Yes	No	No	–	Added Click Here To View
47	IFC Markets	2006	FSC, CySEC	No	Cent Account Brokers	STP	250 $	1:200	–	–	Real Demo	No	–	–	–	–	No	–	–	–	–	–	No	–	No	yes	1500	iOS, Android	–	–	–	Latvia	Latvia	–	Trading conditions	iOS, Android	–	[“MetaTrader 4”]	Yes	Yes	46	–	–	yes	yes	English	English, Hungarian	–	–	–	–	No	No	No	No	No	No	No	Yes	–	–	50 лотов	50 %	30 %	30 %	Yes	Yes	Yes	Yes	–	Added Click Here To View
48	Dukascopy Europe	2010	FCMC	No	Cent Account Brokers	ECN	0 $	1:500	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	10042	iOS, Android	–	–	–	Russia	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	Yes	389	–	–	yes	yes	English, Spanish	English, Spanish	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	200	–	–	–	–	No	No	No	Yes	–	Added Click Here To View
49	Orbex	2014	VFSC	Yes	Cent Account Brokers	ECN, STP	100 $	1:500	–	–	Real Demo	No	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	No	yes	44	iOS, Android	–	–	–	Cyprus	Australia, China	–	Trading conditions	iOS, Android	–	[“CMC Next Generation”]	Yes	Yes	27	–	–	yes	yes	English, Indonesian	English, Bengal	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.1 sec.	–	–	–	15 %	25 %	No	Yes	No	Yes	–	Added Click Here To View
50	EasyMarkets	2001	ASIC, CySEC	Yes	Cent Account Brokers	MM	50 $	1:1000	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	92	iOS, Android	–	–	–	United Kingdom	Hungary, Germany	–	Trading conditions	iOS, Android	–	[“cTrader, MetaTrader 4”]	Yes	No	47	–	–	yes	yes	English	English	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	100 лотов	–	15 %	30 %	No	Yes	No	Yes	–	Added Click Here To View
51	XTB.com	2002	FCA, CNMV	Yes	Cent Account Brokers	NDD, STP	200 $	1:200	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	49	iOS, Android	–	MAM	–	United Kingdom	Australia, Austria	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	32	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	–	–	No	No	No	Yes	–	Added Click Here To View
52	CMC Markets	1989	ASIC, FCA	Yes	Cent Account Brokers	NDD, STP	200 $	1:400	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	59	iOS, Android	–	–	–	Saint Vincent and the Grenadines	United Kingdom	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	37	–	–	yes	yes	English	English, Italian	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	50 лотов	–	50 %	100 %	No	Yes	Yes	No	–	Added Click Here To View
53	Octa FX	2011	FCA, FSA	Yes	Cent Account Brokers	ECN	1000 $	1:200	–	50 %	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	80	iOS, Android	–	MAM	–	USA	USA	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	42	–	–	yes	yes	English	English, Chinese	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	500	–	–	20 %	–	No	Yes	Yes	No	–	Added Click Here To View
54	LMFX	2015	–	Yes	Cent Account Brokers	NDD	0 $	1:200	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	3000	iOS, Android	14	–	–	United Kingdom	China, Mauritius	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	30	Promotions, Futures	NASDAQ (US), NYSE (USA)	yes	yes	English, Russian	English, Russian	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	50 %	30 %	30 %	No	Yes	Yes	No	–	Added Click Here To View
55	ICM Capital	2009	–	Yes	Cent Account Brokers	NDD	100 $	1:400	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	200	iOS, Android	–	PAMM	–	United Kingdom	Australia	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, MetaTrader 5”]	Yes	Yes	47	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	10 %	10 %	No	Yes	Yes	No	–	Added Click Here To View
56	PhillipCapital UK	1975	ASIC, FCA	No	Cent Account Brokers	NDD	1 $	1:240	–	–	Real Demo	No	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	No	yes	1605	iOS, Android	–	–	–	United Kingdom	Hong Kong, United Arab Emirates	–	Trading conditions	iOS, Android	–	[“CoreTrader, MetaTrader 4”]	Yes	Yes	33	–	–	yes	yes	English	English	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	20 %	20 %	No	No	No	Yes	–	Added Click Here To View
57	Hantec Markets	2009	FCA	Yes	Cent Account Brokers	NDD	5 $	1:1000	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	*	iOS, Android	5	–	–	Russia	Russia	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, NinjaTrader”]	Yes	No	35	Promotions	NASDAQ (US), CME (USA)	yes	yes	English, Spanish	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.1 sec.	–	100 лотов	–	10 %	30 %	No	No	Yes	Yes	–	Added Click Here To View
58	Finam Forex	1994	CBR, NAFD	No	Cent Account Brokers	NDD, DMA	0 $	1:400	–	–	Real Demo	Yes	Yes	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	90	iOS, Android	–	LAMM, MAM	–	Ireland	Australia, Germany	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	22	Funds (ETF)	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	No	–	–	–	–	100 %	110 %	No	Yes	Yes	Yes	–	Added Click Here To View
59	Core Spreads	2014	FCA	Yes	Cent Account Brokers	NDD	50 $	1:500	–	50 %	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	250	iOS, Android	–	MAM	–	United Kingdom	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	389	–	–	yes	yes	English, Arab	English, Spanish	–	–	–	–	No	No	No	No	No	No	No	Yes	0.01 sec.	–	80 лотов	–	20 %	40 %	No	No	No	Yes	–	Added Click Here To View
60	Fort Financial Service	2010	IFSC	No	Cent Account Brokers	NDD, ECN	0 $	–	–	50 %	Real Demo	No	–	–	–	–	No	–	–	–	CFD’s, Exchange	–	No	–	No	yes	100	iOS, Android	–	–	–	Belize	Malaysia	–	Trading conditions	iOS, Android	–	[“DEGIRO WebTrader”]	Yes	Yes	–	Promotions, Futures	NASDAQ (US), CME (USA)	yes	yes	English, Hungarian	English, Hungarian	–	–	–	–	No	No	No	No	No	No	No	Yes	–	–	–	–	–	–	No	Yes	Yes	No	–	Added Click Here To View
61	BMFN	1988	ASIC, FCA	No	Cent Account Brokers	NDD, DMA	200 $	1:300	–	20 %	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	67	iOS, Android	–	–	–	United Kingdom	Australia, Bulgaria	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	43	–	–	yes	yes	English, Chinese	English, Chinese	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	20 %	80 %	Yes	No	No	Yes	–	Added Click Here To View
62	FxGiants	2015	ASIC, FCA	Yes	Cent Account Brokers	ECN, STP	–	1:500	–	20 %	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, Cryptocurrencies	–	No	–	No	yes	51	iOS, Android	–	PAMM	–	Cyprus	Cyprus	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	45	–	–	yes	yes	English	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	15 %	30 %	No	No	Yes	Yes	–	Added Click Here To View
63	Degiro	2008	BaFin	Yes	Cent Account Brokers	NDD	10 $	1:500	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	84	iOS, Android	–	–	–	Bulgaria	Netherlands	–	Trading conditions	iOS, Android	–	[“MetaTrader 4”]	Yes	No	62	–	–	yes	yes	–	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	0.1 sec.	–	–	–	30 %	100 %	No	Yes	Yes	No	–	Added Click Here To View
64	GO Markets	2006	ASIC	No	Cent Account Brokers	NDD	25 $	1:500	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	77	iOS, Android	–	MAM	–	Australia	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	No	No	56	–	–	yes	yes	English, Malay	English, Malay	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	50 %	100 %	No	No	No	Yes	–	Added Click Here To View
65	Forex.ee	2004	FSA	No	Cent Account Brokers	NDD, ECN	100 $	1:400	–	15 %	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	4600	iOS, Android	–	–	–	Saint Vincent and the Grenadines	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	Yes	63	–	–	yes	yes	English	English	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	200	–	–	50 %	80 %	No	Yes	No	Yes	–	Added Click Here To View
66	Tickmill	2014	FCA, SIBA	Yes	Cent Account Brokers	NDD	250 $	1:500	–	–	Real Demo	No	–	–	–	–	No	–	–	–	–	–	No	–	No	yes	–	iOS, Android	–	PAMM, MAM	–	Seychelles	United Kingdom	–	Trading conditions	iOS, Android	–	[“”]	No	No	–	–	–	yes	yes	English, Hungarian	English, Arab	–	–	–	–	No	No	No	No	No	No	No	No	–	5	–	–	–	–	Yes	Yes	No	Yes	–	Added Click Here To View
67	Yadix.com	–	–	–	–	–	100 $	1:500	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	–	–	–	PAMM	–	–	–	–	Trading conditions	–	–	[“MetaTrader 4”]	Yes	Yes	389	–	—	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	350 лотов	100 %	20 %	100 %	No	Yes	No	No	–	Added Click Here To View
68	Instaforex	–	–	–	Cent Account Brokers	–	200 $	1:40	–	–	Real Demo	No	–	–	–	–	Yes	–	–	–	Currency	–	No	–	No	yes	17	iOS, Android	–	–	–	–	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 5, MetaTrader 5 Mobile”]	Yes	No	17	–	–	yes	yes	Russian	Russian	–	–	–	–	No	Yes	No	No	No	No	No	No	–	–	10 лотов	–	50 %	45 %	No	Yes	No	Yes	–	Added Click Here To View
69	etoro	–	–	–	Cent Account Brokers	–	1500 $	1:300	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	63	iOS, Android	–	PAMM, MAM	–	–	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4”]	No	No	3	–	–	yes	yes	English, Russian	English, Russian	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	1000 лотов	50 %	50 %	100 %	No	Yes	No	Yes	–	Added Click Here To View
70	Swiss Markets	2012	CySEC	Yes	Cent Account Brokers	STP	30 $	1:33	–	–	Real Demo	No	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	No	yes	200	iOS, Android	–	–	–	Germany	Cyprus	–	Trading conditions	iOS, Android	–	[“FXCM Trading Station”]	Yes	No	36	–	–	yes	yes	English	English	–	–	–	–	No	Yes	No	No	No	No	No	No	–	–	500 лотов	–	25 %	90 %	No	Yes	No	Yes	–	Added Click Here To View
71	PSB Forex	2016	CBR, NAFD	No	Cent Account Brokers	NDD	0 $	1:300	–	–	Real Demo	Yes	Yes	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	101	iOS, Android	–	PAMM, MAM	–	Malaysia	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	49	–	–	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	30 %	200 %	Yes	No	Yes	No	–	Added Click Here To View
72	ICE FX	2015	–	No	Cent Account Brokers	STP	500 $	1:35	–	100 %	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	500	iOS, Android	–	–	–	Canada	Cyprus	–	Trading conditions	iOS, Android	–	[“iOCBC”]	Yes	Yes	35	–	–	yes	yes	English	English	–	–	–	–	No	Yes	No	No	No	No	No	No	–	–	–	–	30 %	100 %	No	Yes	Yes	No	–	Added Click Here To View
73	FriedbergDirect	2008	IIROC	No	Cent Account Brokers	NDD, STP	1000 $	1:50	–	–	Real Demo	No	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	No	yes	–	iOS, Android	–	–	–	Cyprus	Germany	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, UTRADE FX Elite”]	Yes	Yes	34	Bonds, Depositary Receipts (ADR and GDR)	NYSE (USA), LSE (United Kingdom)	yes	yes	English, Chinese	English, Chinese	–	–	–	–	No	Yes	No	No	No	No	No	No	–	–	–	–	20 %	100 %	No	Yes	Yes	No	–	Added Click Here To View
74	TrioMarkets	2014	CySEC	Yes	Cent Account Brokers	ECN, STP	0 $	1:50	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, Exchange	–	No	–	No	yes	127	iOS, Android	–	–	–	Singapore	–	–	Trading conditions	iOS, Android	–	[“CQG Trader”]	Yes	Yes	11	Promotions, Futures	CME (USA), NYSE (USA)	yes	yes	English, Chinese	English, Chinese	–	–	–	–	No	Yes	No	No	No	No	No	No	–	–	–	–	20 %	100 %	No	Yes	Yes	No	–	Added Click Here To View
75	iOCBCfx	2004	MAS	No	Cent Account Brokers	NDD	1000 $	1:50	–	–	Real Demo	Yes	Yes	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	1000	iOS, Android	–	–	–	Singapore	–	–	Trading conditions	iOS, Android	–	[“Currenex Classic, KE Trade”]	Yes	Yes	44	Promotions, Futures	CME (USA), NYSE (USA)	yes	yes	English	English	–	–	–	–	No	Yes	No	No	No	No	No	No	–	–	–	–	30 %	100 %	No	Yes	Yes	No	–	Added Click Here To View
76	UOB Kay Hian	2000	MAS	No	Cent Account Brokers	NDD	0 $	1:50	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	4500	iOS, Android	–	–	–	Singapore	United Kingdom, Hong Kong	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, AT Pro”]	Yes	Yes	58	–	–	yes	yes	English	English	—	–	–	–	No	Yes	No	No	No	No	No	Yes	–	500	–	–	30 %	100 %	No	Yes	No	No	–	Added Click Here To View
77	KGI Futures	2001	MAS	No	Cent Account Brokers	NDD	100 $	1:50	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	100	iOS, Android	–	–	–	Singapore	China	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Currenex Classic”]	Yes	No	6	–	–	yes	yes	English, Chinese	English, Chinese	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	50 %	100 %	No	Yes	Yes	No	–	Added Click Here To View
78	KE Forex	1972	MAS	No	Cent Account Brokers	NDD	0 $	1:1000	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency	–	No	–	No	yes	38	iOS, Android	–	–	–	Singapore	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	35	–	–	yes	yes	English, Chinese	English, Chinese	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	30 %	100 %	No	Yes	Yes	Yes	–	Added Click Here To View
79	City Index Singapore	2006	MAS	No	Cent Account Brokers	MM	0 $	1:500	–	–	Real Demo	No	–	–	–	–	No	–	–	–	–	–	No	–	No	yes	–	iOS, Android	–	–	–	Singapore	Australia, United Kingdom	–	Trading conditions	iOS, Android	Zulutrade	[“”]	Yes	No	–	–	–	yes	yes	English, Arab	English, Vietnamese	–	–	–	–	No	No	No	No	No	No	No	No	–	–	–	–	–	–	Yes	Yes	No	No	–	Added Click Here To View
80	Haitong	2010	MAS	No	Cent Account Brokers	NDD, ECN	300 $	1:400	–	–	Real Demo	Yes	Yes	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	93	iOS, Android	–	MAM	–	Singapore	–	–	Trading conditions	iOS, Android	Zulutrade	[“MetaTrader 4, cTrader”]	Yes	No	31	–	–	yes	yes	English, Russian	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	20 %	90 %	No	No	No	Yes	–	Added Click Here To View
81	FXCitizen	2010	VFSC	No	Cent Account Brokers	NDD, ECN	200 $	1:500	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	56	iOS, Android	–	PAMM, MAM	–	Belize	–	–	Trading conditions	iOS, Android	Zulutrade	[“MetaTrader 4, MetaTrader 5”]	Yes	No	38	–	–	yes	yes	English	English, Vietnamese	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	50 %	80 %	No	No	No	Yes	–	Added Click Here To View
82	Land FX	2013	FCA, FSCS	No	Cent Account Brokers	NDD, ECN	200 $	1:400	–	10 %	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	134	iOS, Android	–	MAM	–	United Kingdom	Egypt, Indonesia	–	Trading conditions	iOS, Android	–	[“MetaTrader 4”]	Yes	No	83	–	–	yes	yes	English	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	20 %	90 %	No	No	No	Yes	–	Added Click Here To View
83	Pepperstone	2010	ASIC	Yes	Cent Account Brokers	ECN	0 $	1:100	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, Exchange	–	No	–	No	yes	100	iOS, Android	–	–	–	Australia	China, USA	–	Trading conditions	iOS, Android	–	[“TradeAll”]	Yes	Yes	28	Futures, Promotions	NASDAQ (US), NYMEX (USA)	yes	yes	English, Turkish	English, Turkish	–	–	–	–	No	Yes	No	No	No	No	No	No	–	1000	–	–	50 %	100 %	Yes	No	Yes	No	–	Added Click Here To View
84	Vantage FX	2009	ASIC	Yes	Cent Account Brokers	ECN	1000 $	1:1000	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	99	iOS, Android	–	–	–	Australia	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, MetaTrader 5”]	Yes	Yes	44	–	–	yes	yes	Azerbaijani, English	Azerbaijani, English	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	20 %	40 %	No	No	No	Yes	–	Added Click Here To View
85	AXITrader	2007	ASIC, FCA	Yes	Cent Account Brokers	NDD	100 $	1:200	–	–	Real Demo	No	–	–	–	–	No	–	–	–	Currency, CFD’s	–	No	–	No	yes	1000	iOS, Android	–	–	–	Australia	United Kingdom, United Arab Emirates	–	Trading conditions	iOS, Android	–	[“Cornu00e8rTrader”]	Yes	Yes	28	Promotions, Futures	NASDAQ (US), NYSE (USA)	yes	yes	English, Italian	English, Italian	–	–	–	–	No	Yes	No	No	No	No	No	No	–	–	–	–	50 %	100 %	No	No	Yes	No	–	Added Click Here To View
86	Ak Investment	1996	SPK	No	Cent Account Brokers	NDD, DMA	1 $	1:200	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	–	iOS, Android	–	–	–	Turkey	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Vortex MT”]	Yes	No	20	Promotions, Futures	NASDAQ (US), NYSE (USA)	yes	yes	English, Arab	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	5 %	5 %	Yes	No	No	Yes	–	Added Click Here To View
87	InvestAZ	2010	FSP, SPK	No	Cent Account Brokers	ECN	500 $	1:500	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	–	iOS, Android	–	MAM	–	New Zealand	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	51	–	–	yes	yes	English, Deutsch	English, Arab	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	–	100 %	No	Yes	Yes	No	–	Added Click Here To View
88	Corner Trader	2012	FINMA	No	Cent Account Brokers	MM	0 $	1:100	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	yes	–	iOS, Android	–	–	–	Switzerland	–	–	Trading conditions	iOS, Android	–	[“”]	Yes	Yes	35	–	–	yes	yes	English	English, Chinese	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	–	100 %	No	Yes	No	Yes	–	Added Click Here To View
89	Abshire-Smith	2011	FCA, FSCS	No	Cent Account Brokers	STP, DMA	100 $	1:400	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	–	56	iOS, Android	–	–	–	United Kingdom	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 4, Meta Trader 4 Mobile”]	Yes	No	27	–	–	yes	yes	English	English	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	–	100 %	No	Yes	Yes	No	–	Added Click Here To View
90	ArgusFX	2000	CySEC	No	Cent Account Brokers	STP	0 $	1:100	–	–	Real Demo	Yes	–	–	–	–	Yes	–	–	–	Currency, CFD’s	–	No	–	No	–	47	iOS, Android	–	–	–	Cyprus	–	–	Trading conditions	iOS, Android	–	[“MetaTrader 5, MetaTrader 5 Mobile”]	Yes	No	32	–	–	–	–	–	–	–	–	–	–	No	Yes	No	No	No	No	No	Yes	–	–	–	–	20 %	100 %	No	Yes	Yes	Yes	–	Added Click Here To View

10 Best Forex Brokers

#1 AvaTrade – Best Overall

Avatrade is a regulated forex broker that offers online trading services in more than 250 instruments across multiple markets, including forex, indices, commodities, shares, and cryptos. In addition, it carries seven regulations on seven different continents, including UAE, South Africa, Japan, Australia, Europe, and the British Virgin Islands.

With Avatrade, you can start trading with a minimum deposit of $100 and leverage of up to 400:1. Traders can also take advantage of the broker’s numerous bonuses, including a welcome bonus of up to $10,000 and an Avapoints loyalty program to earn extra points.

In addition, traders can trade several instruments, including forex pairs, commodities, stocks, indices, bonds, ETFs, and Vanilla Options. Furthermore, AvaTrade is regulated by seven international commissions to ensure the safety of our customers: CBI (EU), B.V.I. FSC (British Virgin Islands), ASIC (Australia), FSCA (RSA), FRSA (UAE), FSA, and FFAJ (Japan).

Advantages

Regulated online broker with a wide range of trading tools and instruments
Traders will have complete peace of mind as customer service operates available 24/5 in 14 different languages
AvaTrade offers Islamic (Swap-free) accounts to Muslim traders
Brokers can use segregated accounts for reliable customer funds storage
Traders can access several pieces of training and webinars that are useful for novice to expert traders

Disadvantages

#2. Plus500

Plus500 is a global multi-asset fintech group that operates proprietary technology-based trading platforms, offering customers a range of trading products, including Contracts for Difference (CFDs), share dealing, and futures trading. The company is listed on the London Stock Exchange’s Main Market under the symbol PLUS and is a constituent of the FTSE 250 index.

Founded in 2008, Plus500 has expanded its services internationally, establishing subsidiaries in the UK, Cyprus, Australia, Israel, Seychelles, Singapore, Bulgaria, Estonia, the United States, Dubai, Indonesia, the Bahamas, and Japan. The company offers a comprehensive portfolio of over 2,800 instruments, providing clients with access to a wide array of financial markets.

Plus500 is committed to delivering a user-friendly trading experience through its advanced platforms, which are accessible via web and mobile applications. The company emphasizes client fund security by holding customer funds in segregated accounts, adhering to regulatory requirements. Additionally, Plus500 provides 24/7 customer support and offers various educational resources to assist traders in making informed decisions.

Advantages

Disadvantages

#3 FP Markets

FP Markets, established in 2005, is a global online forex and CFD broker headquartered in Sydney, Australia. Founded by Matthew Murphie, the company has expanded its presence with entities in regions including Cyprus, South Africa, Kenya, Seychelles, Bahamas, Mauritius, and St. Vincent & the Grenadines. FP Markets offers a diverse range of trading instruments, encompassing forex, shares, indices, commodities, digital currencies, bonds, and ETFs, accessible through platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, and Iress.

Regulated by top-tier authorities like the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), FP Markets ensures compliance with stringent financial standards. The broker is recognized for its competitive trading conditions, offering tight spreads starting from 0.0 pips, leverage up to 500:1, and rapid execution speeds facilitated by Equinix servers. Clients can start trading with a minimum deposit of $100 and benefit from 24/7 multilingual customer support.

FP Markets has garnered industry recognition, securing over 60 international awards to date, including being named the “Best Global Forex Value Broker” for five consecutive years from 2019 to 2023. The company’s commitment to enhancing the trading experience is evident through its continuous platform integrations, such as the partnership with TradingView in 2024, and the launch of its Social Trading application in 2021, enabling clients to engage in copy trading.

Advantages

Disadvantages

#4 Roboforex

RoboForex, established in 2009 and based in Belize, is an online broker that offers trading in forex, stocks, indices, ETFs, metals, and commodities. It provides over 9,400 tradable instruments with competitive conditions, such as tight spreads starting from 0 pips and leverage up to 1:1000, serving clients in 169 countries.

The broker supports various platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its own R Trader platform. These platforms are accessible on web, desktop, and mobile devices, offering additional tools like CopyFX for portfolio copying and VPS services for enhanced trading.

RoboForex is regulated by the Financial Services Commission (FSC) of Belize and offers several account types to suit different trader needs. It has a low minimum deposit requirement of $10 and provides 24/7 customer support, making it accessible to a wide range of traders.

Advantages

Disadvantages

#5 Exness

Exness is a global brokerage firm with two main offices in Seychelles and Cyprus. This company provides financial services, investment solutions, and mainly corporate partnerships to clients worldwide. The EU-based company in Cyprus, which is fully regulated, provides services to members within the EEA and other parts of the world.

Exness offers several assets, including stocks, cryptocurrency, over 120 currency pairs, and metals. The broker’s service is reliable, with low commission, instant execution of orders, and withdrawal of funds. With the leverage of 1:100 up to 1:2000, Exness is one of the best brokers for scalpers.

In addition, this broker includes a wide range of payment systems to deposit and withdraw money using any currency pair. Plus, with infinite leverage, traders have the ability to make profits on small deposits — something other platforms don’t offer.

Advantages

Disadvantages

#6 XM

XM Group is a forex and CFD broker founded in 2009. For over ten years, XM Broker has provided technology-based solutions to more than 10 million clients. The company is now experiencing significant growth and recognition in the industry, including awards for being the Fastest Growing Broker and Best Forex Service Provider.

XM Broker is ideal for trading professionals due to the high order processing speed and low level of commitment. Additionally, XM Broker has licenses from three leading international regulators: ASIC (Australia), FCS (Belize), FCA (UK), DFSA (Dubai), and CySEC (Cyprus). The broker offers a leverage of up to 1:1000 and a minimum deposit of $5.

XM is the best choice, especially for beginner traders. With its high-tech trading platforms, such as MetaTrader 4, MetaTrader 5, Webtrader 4, WebTrader, 5, and XM app, XM provides the perfect environment to learn and practice forex trading with virtual money before moving on to a live account.

Advantages

Disadvantages

#7 JustMarkets

JustMarkets is an online broker that offers a wide range of assets, including currency pairs, precious metals, cryptocurrency, and stock indices. The company was founded in 2012 and is headquartered in St. Vincent and the Grenadines. JustMarkets provides services to clients from over 100 countries.

JustMarkets offers several account types with leverage of up to 1:3000 and spreads starting from 0.0 pips. The minimum deposit is $1, making it accessible to beginner traders with a small budget.

This brokerage company is ideal for traders who use various trading strategies. You’re allowed to utilize expert advisors, trade news, and copy trades. The broker is also great for clients who prefer long-term and medium-term trading styles and those adhering to Islamic principles.

Advantages

Negative balance protection for traders’ deposit protection
EA trading to trade automatically
Hedging to prevent risk chances
Allows traders to trade cryptos
Automated copy trading for copying successful trades

Disadvantages

#8 HTFX

HTFX is a global forex broker offering a diverse range of trading instruments, including forex pairs, commodities, indices, cryptocurrencies, shares, and metals. Established with offices in the UK, Cyprus, Indonesia, Thailand, Malaysia, Vietnam, Taiwan, Hong Kong, and Vanuatu, HTFX operates under the regulation of the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC), ensuring a secure trading environment.

HTFX provides multiple account types, such as Standard, Cent, and ECN accounts, catering to both novice and experienced traders. The broker offers access to popular trading platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), known for their user-friendly interfaces and advanced analytical tools. With a minimum deposit of $50 and maximum leverage up to 1:500, HTFX accommodates various trading strategies and risk appetites.

In addition to competitive spreads starting from 1.4 pips on Standard accounts, HTFX provides a range of deposit and withdrawal options, including RediPay, THAI QR PAYMENT, RPNpay, helpay2, credit cards, ChipPay, teleport, PAYOK, Tether, and Alipay. The broker also offers a 20% deposit bonus up to $10,000, enhancing trading potential for its clients. However, it’s important to note that HTFX does not accept clients from certain regions, including Belarus, Crimea, Cuba, Iran, Iraq, Japan, North Korea, Russia, Sudan, Syria, Turkey, the United States, and Ukraine.

Advantages

Disadvantages

#9 Doo Prime

Doo Prime is an international online broker offering a wide range of trading products, including forex, securities, futures, metals, commodities, and indices. The company operates under the umbrella of Doo Group, with operations centers in Dallas, Sydney, Singapore, Hong Kong, Dubai, and Kuala Lumpur. Doo Prime is regulated by multiple financial authorities, including the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) in the U.S., the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) in Australia, the Financial Services Authority (FSA) in Seychelles, the Financial Services Commission (FSC) in Mauritius, and the Financial Services Commission (FSC) in Vanuatu.

The broker provides access to over 10,000 CFD products through various account types tailored to different trading needs and preferences. Clients can trade on popular platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), benefiting from flexible leverage, low spreads, and fast execution. Doo Prime also offers a community-based copy trading platform with flexible profit-sharing functionality, allowing traders to follow and replicate the strategies of experienced investors.

To ensure the safety of client funds, Doo Prime separates client funds from corporate funds in strict compliance with regulatory requirements, hosting them with reputable banks like Standard Chartered, Bison, and Barclays. The broker’s robust IT infrastructure and network, supported by Equinix, enable 99.5% of trade transactions to be completed within 50 milliseconds, providing a stable and efficient trading environment. With a global presence and a commitment to technological innovation, Doo Prime strives to offer professional investors a comprehensive and reliable trading experience.

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#10 Markets4you

Established in 2007 in the British Virgin Islands, Markets4you is a global online forex broker offering a variety of trading instruments, including forex, commodities, stocks, and indices. The platform provides multiple account types—Classic Standard, Classic Pro, and Cent Pro—to cater to traders with different experience levels and investment sizes. Notably, there is no minimum deposit requirement, and leverage options extend up to 1:4000, allowing traders to maximize their market exposure.

Markets4you supports both the MetaTrader 4 and MetaTrader 5 platforms, renowned for their advanced charting tools and user-friendly interfaces. Additionally, the broker offers its proprietary Markets4you platform, ensuring a seamless trading experience across desktop and mobile devices. Clients can access over 150 trading instruments and benefit from features like copy trading through the Share4you program.

The broker provides various customer support channels, including 24/7 live chat, phone support, and email assistance. However, it’s important to note that Markets4you operates under offshore regulation by the Financial Services Commission (FSC) of the British Virgin Islands and Mauritius, which may be a consideration for traders evaluating regulatory oversight.

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How We Rank The Best Forex Brokers

To choose the best forex brokers, we focused on identifying mobile-friendly platforms with competitive spreads and trading fees, a wide range of currency pairs, and robust customer support. We also looked for regulated brokers who have been in operation for at least five years.

At Asia Forex Mentor, we consider reviews on popular forex forums. However, we only go by what other traders say. We conduct our due diligence, gathering as much information as possible to ensure that our list is as accurate and up-to-date as possible. As a result, according to our evaluation criteria, we calculate the overall score of each broker and choose the top-rated forex brokers to recommend to our readers.

Conclusion

Now that you know the ins and outs of some of the best forex trading platforms, it’s time to find the best forex broker. The brokers on this list have been carefully selected based on their fees, features, and regulation. So no matter what your trading style is, you should be able to find a forex broker that suits your needs.

Take a test drive of some of these best forex broker platforms and see which is the right fit. Happy trading!

FAQs

Which Forex Brokers Are The Cheapest?

There is no such thing as the “cheapest” Forex broker. The cost of trading depends on your account type, the currency pairs you trade, and the broker’s commission. Some brokers charge no commission, while others charge up to $10 per lot traded.

What Is The Best Forex Broker In 2023?

The “best” forex broker will depend on your needs and trading style. For example, if you are a beginner trader, you may want a low-cost broker with a user-friendly platform. On the other hand, an experienced trader may want a broker with various currency pairs and a high leverage ratio. For a beginner, we recommend IQ Option or eToro. For an experienced trader, we recommend FXTM or Tickmill.

Which Forex Brokers Are Legit?

All of the forex brokers on this list are regulated by at least one financial authority, and most are regulated by multiple. This ensures that your broker is held to high financial stability and customer protection standards. If you are looking for a specific regulator, you can check out our list of forex brokers by regulator.

Forex Brokers

Stock Brokers

Crypto Exchanges

Prop Firms

Binary Brokers

Best Forex Broker

How To Choose The Best Forex Broker

#1 Regulatory Compliance

#2 Trading Platform

#3 Account Features

#4 Customer Support

What Is A Forex Broker?

Why Trade Forex?

How Do I Know If My Forex Broker Is Regulated?

👍 Check their license number

👍 Check Their Registration Status

👍 Find Their Membership Status

👍 Verify Details

👍 Global Availability

👍 Forex Brokers List

10 Best Forex Brokers

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How We Rank The Best Forex Brokers

Conclusion

FAQs

Still unsure about which broker to choose ? - We'll help you!

Just select one of the Top 3 of the best Forex brokers in our ranked list

AvaTrade

Plus500

FP Markets

Still unsure about which broker to choose? - We'll help you!

Just select one of the Top 3 of the best Forex brokers in our ranked list

AVATrade

Roboforex

Exness Group

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6 Raffles Boulevard, #03-308,
Singapore 039594