In order to achieve success in forex trading, it is your responsibility to choose the most suitable forex broker to invest in. There are many features and characteristics to consider while comparing several best forex brokers, however it is important to focus on these differences in order to ensure smooth and reliable trading experience.
This section provides you with up to date information. Our reviews of forex brokers have been written by experienced traders who not only spent time investigating the brokers in question, but also have traded with real money, tried the their platforms and withdrew their forex profits.
Our dedicated team hopes that the information listed on this site provides the necessary help for you to narrow down the available choices and make the choosing process easier. Below are detailed list of top brokers, detailed information and ranking against other brokerage companies. Brokers' summary is presented in professional and comprehensive manner. We strongly recommend beginners in forex to go over the reviews below and practice with demo account first, before trading for real money.
FXCM, one of the largest, regulated and most financially powerful forex brokers in the world, provides No Dealing Desk trading execution to over 100,000 live accounts trading through its multiple platforms - including MetaTrader 4. FXCM upgraded its MT4 platform integrates flawlessly with their No Dealing Desk forex execution. The minimum deposit is just $25. Spreads are as low as 1 pip. The broker swears by transparent and fair execution and excellent performance. Read full FXCM Review
3TG Brokers provides competitive trading conditions and useful trading tools with low spreads. With no re-quotes and tight spreads (0,7 pips on EUR/USD on ECN Elite), the broker provides access to over 70+ liquidity sources. Traders can trade on a wide variety of instruments, including FX, Commodities, Indices, Equities and ETFs. Unlimited demo account is available for beginners to practice and backtest the strategies. The broker reviews the variety of trading platforms available for traders including the widely popular MetaTrader 4 for both desktop and mobile use. Read full 3TGBrokers Review
One of the forex reviews we have summarized stands out. Established in 1999, TFIFX broker offers outstanding trading services in safe and regulated environment. With different account types suitable for both beginners and experienced traders, the broker requires the minimum deposit of just $50 and provides competitive spreads from 0.5 pips on major currency pairs and leverage up to 1:400. A nice bonus of 50% is available on every deposit you make. Read full TFIFX Review
Established back in 2006, AvaTrade is a reputable forex broker with over $60 billion trading volume each month. With many outstanding awards, the broker provides outstanding performance in trading services. Minimum deposit for silver account is just $100. Funding and withdrawals are processed via many payment method options, including Paypal, Neteller and Moneybookers. Advanced online trading tools are available for dozens of currency pairs and metals. Enjoy Welcome Bonus of up to $5,000. Read Full AvaTrade Review
XM is under MiFID, FSA and BaFin regulation. The broker offers unlimited demo account for newcomers. A wide variety of trading platforms are available to accompany your trading style. Leverage is up to a whooping amount of 1:888. You can start trading within minutes after registration with as little as $1. Flexible payment methods include Paypal, Moneybookers, Neteller and others. This broker also makes sure to keep traders happy with exciting trading competitions and promotional offers. Limited promotion for newies - welcome bonus up to $30,000! Read full XM Review
FBS is an awards winning ECN/STP forex broker with wide range of trading accounts suitable for both beginners and advance traders. The broker offers MetaTrader 4 platform in both PC and mobile device versions. Maximum leverage is up to 1:1,000 and minimum deposit requirement is just $5 for Micro Account. There are a lot of payment methods to choose from including Skrill, Neteller, Credit and debit cards and others. Read full FBS Review
Awarded with “Best Broker in Asia”, Instaforex is an ECN broker with high credibility among traders worldwide. With minimum deposit requirement of just $10, you can enter the currency trading market and word stock indexes with ease. The broker great trading conditions, including as low as 2 pips spreads on majors. Unlimited demo account is definitely a plus for beginner traders. With many trading competitions, bonus promotions swap-free accounts and over 300 trading symbols, Instaforex provides incomparable trading conditions. Read full Instaforex Review
Liteforex was found back in 2005 and brought the opportunity of making profits in forex market accessible to anyone, anywhere in the world. There are several account types to fit your needs with either fixed or floating spreads, leverage ranging from 1:1 to whooping 1:1,000. The minimum deposit for Lite accounts is just $1. Deposits and withdrawals are processed with many convenient payment options including Skrill, Liberty Reserve, CashU and others. 40% bonus is available on each deposit of at least $100. Read full LiteForex Review
eToro is regulated forex broker with the largest social investment network today. With more than 1.5 million traders from all over the world, eToro is an ideal place for traders looking for social trading experience. Free demo account is available with $10,000 virtual money, however you are welcome to replenish the practice account as many times as you wish. eToro platform is an exciting combination of innovative technology, simplicity and professionalism. Here you can not only trade, but also view the activity of other trades, follow their decisions and even copy their profitable moves via OpenBook. Minimum deposit requirement is just $50 and the vast world of currency exchange is at the tip of your fingers. Read full eToro Review
Easy-Forex started its’ services back in 2003 and now accompanies traders from over 150 traders. The broker is regulated and has representative offices in many cities, such as London, Chicago, Warsaw, Sydney and others. Easy-forex requires the minimum of $25 to begin trading. Several trading platforms are available for your choosing, allowing all trading styles and any expert advisors. Demo account is provided with $100,000 virtual money, but is unfortunately limited to 30 days. SMS alerts delivers vital market updates straight to your mobile device. Read full Easy-Forex Review
FXcast belongs to Surplus Finance S.A. and is a regulated broker established in 2005. The broker is committed to provide high international standards and professional trading services. Minimum deposit requirement is $10 and you are ready to start trading with leverage up to 1:400. There are conveniently plenty of payment options to choose from including Neteller, Moneybookers and Webmoney. Read full FXcast Review