Wednesday, May 23, 2012
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Compare Top Forex Brokers

A Forex broker is a necessary ingredient in forex trading. Forex brokers take care of the orders, perform the transactions, offer trading platforms and all the necessary trading tools, such as charts, real time news, fundamental and technical updates, economic calendars and more. Therefore, it is important for a beginner in forex to spend enough time figuring out which forex broker is most suitable. What defines a good broker? How do you know which broker suits you best?

As the interest in forex grows exponentially, the number of available online forex brokers increase accordingly. The interaction between forex broker and a trader is unavoidable; therefore it is crucial to select a broker according to trader’s preferences and general reputation. Below are the selected top forex brokers for your consideration:

Rank Broker Review RatingFree Demo Min DepositBonusPlatformWeb-basedDownloadLeveragePaymentLanguages
4XPreview10$100up to 30%MetaTrader4, Webtraderyesyes1:500Credit Card, Visa, Wire Transfer, Neteller, MoneybookersEnglish, Arabic, Turkish, French, Italian, Russian, Chinese, Portuguese, Spanish, German
2.FXCMreview9.5$25ASK!Trading Station II, MetaTrader 4, Active Trader, Forex System Selector noyes1:200Credit/Debit card, Online Check, Bank Wire, Paper CheckSpanish, French, Chinese, Russian, Portuguese, German, Italian, Arabic
3.24Optionreview9.2$200n/a24Optionyesno-Visa, MasterCard, Electronic Payment, Bank TransferEnglish, Italian, French, Spanish, Portuguese, Japanese, Arabic, Romanian, Turkish
4.TradingPointreview9$1up to $2,000MetaTrader4noyes1:200Credit Card, Moneybookers, Neteller, WireTransferEnglish, Japanese, Greek, Spanish, Arabic, Chinese, Russian
5.OctaFXreview9$5up to 30%MetaTrader 4noyes1:500Credit Card, Wire Transfer, MoneyBookers, LibertyReserve, CashU, PerfectMoney Trading Options English
6.AvaFx review8.9$100up to $1,200AvaTraderyesyes1:500CreditCard, Western Union, PayPal, Wire, Neteller, WebMoney, MoneyBookers, MoneyGramEnglish, Chinese, Arabic, Spanish, French, Italian, Portuguese, German, Indonesian
7.eToro review8.5$50up to $1000 eToro Platformnoyes1:500Visa, Master Card, Paypal, Wire TransferEnglish, Spanish, Italian, Portuguese, Russian, Chinese, Arabic, German
8.InstaForex review8.5$1up to $1,000MetaTrader 4noyes1:500Webmoney, e-Gold, RuPay, Paypal, e-Bullion, Moneybookers, Yandex, RublesBank, WireEnglish, Russian
9.LiteForex review8$120%MetaTrader 4noyes1:500Webmoney, Liberty Reserve, AlerPay, Moneybookers, bank WireEnglish, Russian, Chinese, Malaysian, German, Arabic, Partugese, Spanish, French, Hebrew, Japanese, Greek
10.Fxcast review7$10100%MetaTrader 4noyes1:400Wire, Credit/Debit Card, Liberty Reserve, Moneybookers, AlertPay, SolidTrustPay, StrictPay, Webmoney, c-goldArabic, English, Croatian, Chinese, French, German, Indonesian, Malaysian, Portuguese,Russian
11.DFMarketsreview7$1ask!DFTrader, MetaTrader 4, MT4 Mobile by MetaQuotes (iPhone/iPad), MT4 Mobile by Forex On The Go: droidTrader (Android) and iTrader (Iphone/iPad)yesyes1:200Bank wire, Credit/Debit cardsEnglish
12.IronFXreview7$50040%MetaTrader 4, MT4 Web Trader, MT4 Mobileyesyes1:400Bank Transfer, Credit/Debit Card, Neteller MoneyBookers,Webmoney English
13.Easy-Forex review6$2510% up to $1,000Easy-Forex, MetaTrader 4yesyes1:200Credit card, Money Bookers, WireEnglish, Arabic, Chinese, German, French, Spanish, Polish, Greek
14.Dukascopyreview6$100-Dukascopyyesyes1:500Wire, Bank Guarantee, Standby letter of Credit Segregated AccountsEnglish, French, German, Russian, Spanish, Chinese, Japanese, Arabic
15.XForexreview6$100up to $3,000XForexyesno1:200Credit card, Western Union, WireTransferEnglish, German, Arabic, French, Hebrew, Russian, Spanish, Swedish, Turkish
16.Plus500review6$10030%Plus500yesno1:200Moneybookers, Credit Cards, WireTransferEnglish, Hebrew, Arabic
17.Askobidreview6$10010-30% up to $1,000-$30,000Askobid, Metatrader4yesyes1:200Credit and Debit Cards, Moneybookers, Western UnionEnglish, Arabic, French, Turkish, Spanish, Italian, German
18.MegaTraderFXreview6$5First Deposit 20%, Loyalty 10%MetaTrader 4noyes1:500Credit Cards, Moneybookers, Neteller, VisaEnglish
19.FBS Marketsreview6$5$5 non deposit!MetaTrader 4noyesup to 1:500Credit Cards, Liberty Resetve, Wire, BCAm, WebMoney, Moneybookers, PerfectMoneyEnglish, Russian, Chinese
20.Forex-Metalreview2$1$250MetaTrader4noyes1:500c-gold, ClickandBuy, Credit Card, LibertyReserve, Moneybookers, Pecunix, SolidTrustPay, Technocash, WebMoney, Wire Arabic, Bahasa, Chinese, English, French, German, Russian

See our list of ALL forex brokers here

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