Trusted Forex Broker Reviews

How should you compare forex brokers, and find the best one for you? In our forex brokers reviews list, we have taken into account a wide range of ranking factors, from fees and spreads, to trading platforms, charting and analysis options – everything that makes a broker tick, and impacts your success as a trader.

The “best” forex broker will often be a matter of individual preference for the forex trader. It may come down to the pairs you need to trade, the platform, currency trading using spot markets or per point or simple ease of use requirements.

Below are a list of comparison factors, some will be more important to you than others but all are worth considering. Details on all these elements for each brand can be found in the individual reviews.

Safest Forex Brokers 

BROKERFEATURESMIN DEPOSITEURUSD SPREAD 
Number One BrokerForexTime LogoYour capital is at riskUS Clients: NoRegulated : Yes

– Regulated by FCA, CySEC, FSCA, IFSC and FSC

– Over 1M Registered Accounts

– More than 250 Trading Instruments

– MT4, MT5 and Web Trader Platforms – Full ECN Trading Model

– Crypto-trading only avail. for clients of FT Global Limited.

$10ECN 0.1, Standard 1.6

Sign Up

Open Demo Account

Read FXTM Review

LegacyFX LogoYour capital is at riskUS Clients: NoRegulated : Yes

– CySEC regulated.
– Good for beginners with excellent trading academy.
– Beginner Friendly

-Many supported payment methods for easy deposit and withdrawal

– LegacyFX Academy hosts over 80 trading videos, webinars and educational materials for all levels

– Meta Trader 5 Trading platform

– Access to exclusive professional trading tools and market insights

– Dedicated support staff during all trading hours

$250From 0.6 pips
Sign Up
Open Demo Account
Read LegacyFX Review
OctaFX Broker LogoYour capital is at riskUS Clients: NoRegulated : Yes

– Minimum Deposit $5
– Up to 1:500 leverage with micro-lots (0.01 size) available for everyone
– Scalping, hedging, trading on the news, and EAs are permitted at OctaFX.
– First Time Deposit Match: 50% Up To Any Max Deposit.

$50.2 pips
Your capital is at riskUS Clients: NoRegulated : Yes

– 40% New Member Bonus
– MIFID, ASIC, FSA & FSCA regulated
– Free Online Trading Coach

$100Fixed
Europe* CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Forex Broker Pepperstone LogoYour capital is at riskUS Clients: NoRegulated : Yes

– FCA & ASIC Authorized and Regulated
– 24 Hour Support
– Negative Balance Protection

$1000.1 pips
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ETFinance LogoYour capital is at riskUS Clients: NoRegulated : Yes
  • Wide range of instruments to trade as CFDs
  • Licensed and regulated, with high-level security in place
  • Choice of quality trading platforms, including MT4
$250Varied
Sign Up
Open Demo Account
Read ETFinance Review
ROinvesting broker logoYour capital is at riskUS Clients: NoRegulated : Yes

– CySEC & FSB Regulated
– Good Customer Support
– Live Free Webinars

$250Variable
Sign Up
Open Demo Account
Read ROinvesting Review
Oanda Logo77% of retail CFD accounts lose moneyUS Clients: YesRegulated : Yes

– No Minimum Deposit
– Over 100 instruments
– Web, desktop, mobile platform and MT4
– Best Retail FX Platform 2018
– FCA & ASIC Authorized and Regulated
– Founded in 1996 with HQ in Toronto, CA

None1 pip
Sign Up
Open Demo Account
Read Oanda Review
Your capital is at riskUS Clients: NoRegulated : Yes

– Ultra – fast execution from 0.1s
– Low spreads from 0.0 pups
– All trading strategies allowed
– No restrictions on profitability
– Top trading conditions

$1000.0 pips
Sign Up
Open Demo Account
Read Tickmill Review
ATFX Forex Broker LogoYour capital is at riskUS Clients: NoRegulated : Yes

– Authorized and Regulated by FCA and CySEC
– 43 currency pairs
– 0.5 pips EURUSD Spread

$1000.5 pips
Sign Up
Open Demo Account
Read ATFX Review
BlackBull MarketsYour capital is at riskUS Clients: NoRegulated : Yes

– Flexible leverage up to 500:1
– Multi award-winning New Zealand broker
– Institutional-grade spreads from 0.1 pips

$200From 0.1
Sign Up
Open Demo Account
Read BlackBull Markets Review
VantageFX LogoYour capital is at riskUS Clients: NoRegulated : Yes

– ASIC Regulated
– Well Established
– No Fees
– 24 hour support

$200From 0.1 pips
MultiBank GroupYour capital is at riskUS Clients: NoRegulated : Yes

– Minimum Deposit $200
– ASIC, BaFin, FMA, CNMV, FSC, CIMA and RAK Regulated

$2000.1 pips
Sign Up
Open Demo Account
Read MultiBank Group Review
Plus500 Logo80.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.US Clients: NoRegulated : Yes

– FCA, ASIC, CySEC Regulated.
– Multi Asset Trading Platform.
– No Time Frame For Demo Accounts.

100GBP/AUD/EUR/USDVary
Sign Up80.5% 
Open Demo Account
Read Plus500 Review
XM LogoYour capital is at risk US Clients: NoRegulated : Yes

– CySEC, IFSC, ASIC Regulated
– MT4, MT5, WebTrader platform
– $50% and 20% deposit bonus up to $5,000(t&c apply) *Cleints registered under the EU regulated entity of the Group are not eligible for the bonus.

$5Vary
Easy Markets LogoYour capital is at riskUS Clients: NoRegulated : Yes

– CySEC & ASIC regulated
– Clients can trade currencies, metals, energy and agricultural commodities, Indices and Options

$1001.8 pips
Sign Up
Open Demo Account
Read easyMarkets Review
fusion markets logoYour capital is at riskUS Clients:Regulated : Yes

Lowest Commissions in Australia,

$4.50 per lot RT

$0.00.12 average
Sign Up
Open Demo Account
Read Fusion Markets Review
Forex.com Logo72% of clients lose money. Capital at risk.US Clients: YesRegulated : Yes

– Trusted Global Market Leader
– Online FX & CFD Trading
– 180+  Global Markets, 84 FX pairs, 65 shares, 17 popular indices and more
– Forex, Indices, Commodities, Equities & Bitcoin
– Available to US traders

$2501 pip
Sign Up72% of clients lose money. Capital at risk.
Open Demo Account
Read Forex.com Review
Your capital is at riskUS Clients: NoRegulated : Yes

– CySEC, FSCA, FSA, DFSA, FCA Regulated
– MetaTrader4 & 5 platform
– Proprietary debit card for quick withdrawal applications!

$5From .2 pips
Sign Up
Open Demo Account
Read HotForex Review
Forex Broker City Index Logo74% of clients lose money. Capital at riskUS Clients: NoRegulated : Yes

– FCA, NFA, CFTC, IIRO, FSA, CIMA, MAS, SFC Regulated.
– Award winning platform.
– Beginner Friendly.
– Well established, safe and trusted.

£100Varied
Sign Up
Open Demo Account
Read City Index Review
IQ Option LogoYour capital is at riskUS Clients: NoRegulated : Yes

– $10 usd minimum deposit
– State of the art platform
– 24/7 support in more than 17 languages
– Free demo account

$10Varies
Forex Broker eToro Logo76% of CFD traders loseUS Clients: NoRegulated : Yes

– Social Trading Platform
– FCA & CySEC Regulated
– Minimum Deposit $200
– Demo Account
– Real and CFD Cryptocurrencies
– Copy Trading
– 2000+ Instruments

$2003 pips
Sign Up76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Open Demo Account
Read eToro Review
FxPro LogoYour capital is at riskUS Clients: NoRegulated : Yes

– CySEC, DFSA, FCA, FSCA, SIA Regulated
– MetaTrader4 , MetaTrader5, cTrader, FxPro SuperTrader
– 10+ Years in business
– 50+ International Awards

$100From 1:1 to 1:500
Sign Up
Open Demo Account
Read FxPro Review
fxcm broker logoYour capital is at riskUS Clients:Regulated : Yes
  • Enhanced Execution and quality pricing.
  • Award-winning trading platform – Trading Station Web/Desktop/Mobile
  • Free Access to Exclusive Trading Tools and Services: Trading Signals, Trading Analytics and more
  • More than 20 Years of experience in Online Trading Services – Leading Provider
300€1.2*
Sign Up73.05% of investors lose money when trading CFDs with FXCM
Open Demo Account
Read FXCM Review
iTrader LogoTrading Forex/CFD’s involves substantial risk and may lead to loss of all invested capital.US Clients: NoRegulated : Yes

– Order slippage on stop losses is generally minimal
– CySEC Regulated

$2500.7 pips
tradeatf broker logoYour capital is at riskUS Clients:Regulated : Yes

– Zero Commission
– Comprehensive training and seminars
– Spreads as low as 0.03
– New Professional Account

 0.7
Swissquote logoYour capital is at riskUS Clients: NoRegulated : Yes

-Swissquote is a multi-asset broker

-Wide range of markets available to trade

-Twenty years + experience

1000 EURBank: 1.1 EU traders: 1
BD Swiss LogoYour capital is at riskUS Clients: NoRegulated : Yes

– Forex pairs and CFD trading
– Tight spreads as low as 1.2 pips
– Over 130 assets: Forex pairs (83), Indices (23); Commodities (18); and Treasuries (7)

$2501.2 pips
CAPEX Logo78.32 % of retail investor accounts lose money when trading CFDs with this providerUS Clients: NoRegulated : Yes

– CySEC Regulated
– 24/5 Customer Support
– Free Webinars

$250Varied
FXglobe logoYour capital is at risk US Clients: NoRegulated : Yes

– Regulated by CySEC
– “No Dealing Desk Execution, no slippage, no delays”
– “Trading support and account manage”

$250ECN 0.0, Standard 1.7
Trade With A Regulated Broker

                                                                
    Trade With A Regulated Broker