Below is our comprehensive guide to international forex brokers. This section of the site helps you search for trusted forex broker which allows traders from your country to open an account with and trade currency online. To review brokers, click on the country or region you are interested in and find out which companies you can invest with. All forex brokers are internationally regulated and ranked by their performance based on various rating factors we have collected over the years.
Each country that operates in financial markets usually has local regulators acting as overseers that protect participants and monitor service providers. Residents of certain countries are sometimes restricted from using foreign brokers, due to this it’s important to be aware of local alternatives that can be used to access the markets. As a result, we have broken down a list of countries and the brokers which can be used in those geographies.
Please note that there are quite a lot of regulatory authorities when it comes to forex trading. The most trusted and reputable ones are the Financial Conduct Authority (FCA) in the United Kingdom (UK), the National Futures Association (NFA) in the United States, the Investment Industry Regulatory Organization of Canada (IIROC) in Canada, the Australian Securities & Investment Commission (ASIC) in Australia, the Securities Commission of Malaysia (SCM) in Malaysia, the Monetary Authority of Singapore (MAS) in Singapore, and many others.
Finding the best forex broker in the world in a market that averages about $6 trillion every day is difficult. It is easy to find top forex brokers list from a lot of scammers who want to take advantage of anyone who might want to get into the forex markets. The forex market has no central marketplace. Decentralization makes it easy for people to do pretty much whatever they want.
However, in recent years, regulatory societies stand guard and try as much as they can to thwart scam attempts.
We prepared these lists to help anyone who might not have a clue what to do, find the best forex brokers in your country. These top forex brokers list help point you as the trader in the right direction so you can find the right broker for you
As with anything else, when we compile lists for the best forex brokers in your country, we do a lot of research.
We will briefly get into the details of how we identify the best forex brokers in the world. The process is very important and stringent to make sure that the information you get is reliable.
There are many reasons why it is necessary to have an overview of the brokers operating in local or foreign countries. Recently European and UK brokers have been told by regulators that they can no longer offer levels of leverage higher than 1:30 to retail traders. As a result traders in these affected countries looked overseas to find a broker who would.