Forex Brokers Reviews

probusfx reviewProbusFX is a new broker on the block still working out some of its glitches and lack of information. The broker's website doesn't mention available payment options, although it does say that minimum deposit is $200. The broker is located and regulated in Cyprus and claims market execution with tight spreads (still to be seen if it's true). Live chat didn't work at the time of the review. 

questrade review screenshotCanadian broker for Canadian residents only, established in 1999 and regulated by IIROC. Minimum deposit is $1,000, unsual selection of payment methods without familiar credit card and online payment options. 

rallytrade reviewRallytrade, previously known as Forex Rally,  is an online orex broker established in 2015 and offering online trading services with in-house trading platform, educational resources and daily market analysis. The broker is located in Anguilla with a branch office in Nigeria. The broker is not regulated by any international regulatory bodies.

Range Markets ReviewEstablished in 2015, Range Markets offer forex trading services for currencies, metals and oil instruments. Available trading platform is MetaTrader 4 with 100% credit bonus on your first deposit. Minimum deposit ranges between account types and starts at $100. Maximum leverage is up to 1:500.

realtradeReal Trade has been found in 2003 and is registered forex broker in Latvia. The platform is based on widely accepted MetaTrader 4 with outstanding charting and indicator capabilities. The interface is also available in Mobile version suitable for most smart phones and tablets. You can start trading with as little as $20.

rakuten broker review screenshotHong Kong located broker, established in 1999 under former name FXCM Asia Limited, offers no dealing desk execution with 2 account types. Free demo account is available, minimum deposit requirement is $1. Payment methods long for serious revision, since at the moment of the review, your options are only wire transfer and checks. MetaTrader 4 platform is not offered.

roboforex review screenshotAnother Cyprus-based, regulated broker, online since 2009 with wide selection of payment options, minimum deposit requirement of just $1. Leverage of 1:500, fixed spreads 2 pips on majors, scalping, hedging allowed. Various account types, including micro and cents, demo account available for 90 days. MetaTrader 4 platform and cTrader.

rubixfx screenshotWith physical location in Australia, Rubix FX is ASIC regulated forex broker with ECN trading services. The broker provides liquidity via top international banks and swears by fast execution and server technology. One thing that caught our attention is very slow download time of the website. In other words, Rubix FX website is painfully slow. It is a definite bad sign in our reviews.

disabled forex brokerThe broker is out of business. 

2015: RVD Markets LTD company announces the initialization procedure of bankruptcy.

Saxo Bank ReviewSince 1992, Saxo Bank brings powerful presence in forex industry by offering competitive pricing and award winning trading platforms. Saxo Bank offers individual traders and institutional clients to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives. Heavily regulated broker with minimum deposit requirement of $10,000.

simplefx reviews screenshotUnregulated NDD broker, online since 2014, minimum deposit $1, tight spreads, maximum leverage up to 1:400, 60 currency pairs to choose from, MetaTrader 4 platform and in-house web-based platform, wide selection of payment options.

skyfx scam forex broker

2016: Skyfx is shut down by the regulators. The broker is disabled.

February 15, 2016:  Cysec has suspended the license of Trademarker, Ltd.

May 2016:  Cysec has withdrawn the license of SkyFx and ordered the company to return all client funds.

 

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Squared Financial Services has been established back in 2005 and offers full services brokerage services. Located in Dublin, the broker is regulated by Central Bank of Ireland (this means that there is only national legislation at this point). Squared Financial offers it trading services on MetaTrader 4 platform for both professional and institutional market. The liquidity pool is obtained from both Bank and non-Bank sources, creating an access to ECN-style trading.

disabled forex broker

2016 – The website is no longer active, the broker ceased to provide services. Stock.com merges together with Trade.com, another brand of Lead Capital Markets. 

stoxmarket screenshotStoxMarkets has been established in 2008 and launched its trading services to traders all over the world with support and guidance needed for beginners and advanced trading features for professional traders.

swissmarkets reviewSwiss Markets offers regulated STP trading environment with 70 currency pairs, minimum deposit of $100, tight spreads and Metatrader 4 platform.  Lots of payment options, including neteller and skrill.

synergyfx broker reviews screenshotSynergy FX was established in 2011 and is located in Australia. The broker is regulated by ASIC and provides STP trading conditions. Minimum deposit requirement is quite high - $500. Payments include credit cards, wire transfer and skrill.

disabled forex brokerOriginally established in Switzerland back in 2006, Tadawul FX spread its services worldwide, offering regulated, secure and professional brokerage performance. In the beginning of 2012, following other major broker brands such as AvaTrade (formerly Avafx) and XM.com (formerly TradingPoint), the broker rebranded to “Liquid Markets” and underwent a complete makeover to match and compete the other leading giants in today’s financial market.

 

Tallinex reviewsEstablished in 2012, Tallinex offers forex trading services with ECN accounts. Minimum deposit is $100, leverage is up to 1:1,000, payment options include Skrill and Neteller. Demo account is unlimited. Spreads are tight starting from 0.5. In addition there is 100% bonus on each new deposit.

TegasFX Review

TegasFX, established in 2016 and located in Vanuatu. Locally regulated, the broker offers trading services with MetaTrader 4 platform, minimum deposit requirement is $200, with leverage up to 200:1 and spreads starting from 0.2 pips on EUR/USD.

teletrade screenshotTeletrade is online forex broker with the access to wide range of financial amrkets. There are over 200 representative offices around the globe. Traders can trade Forex, CFDs, commodities, stocks and futures on one of the most reliable trading interfaces in the industry.

templefx review screenshotTempleFX is regulated UK broker with ECN/STP performance. Minimum deposit requirement is $50, maximum leverage of 1:400, two platforms – MetaTrader 4 and TempleFX Trader.

tenkofx screenshotTenkoFX is online forex broker offering trading services in biggest financial markets with tools and trading conditions necessary to help you make money. At TenkoFX the primary goal is to bring you the stable and successful trading experience on a daily basis. TenkoFX provides technology and services to enable you to access the Forex and CFD commodity markets.

terafx review screenshotTeraFX is a No Dealing Desk regulated broker offering trading services in more than 60 currency pairs, Index CFDs, and metals. Minimum deposit requirement is $100, payment methods include Skrill, Neteller and UnionPay.

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Established in 1999, TFiFX broker is one of the reliable and reputable brokers, regulated by MiFID, CySEC and CBC. TfiFX offers trading services with forex, indices, stocks and commodities for beginners and experienced traders. With minimum deposit requirement of $50, you have access to unlimited demo account and professional life accounts with advanced features in English, Russian, Japanese, Italian and Greek languages.

 disabled forex brokerThreeTrades has been disabled and the website redirects to 200forexcashback.

 

tickmill screenshotLocated in the Republic of Seychelles, Tickmill is regulated forex broker focusing its services on forex, stocks, indices, commodities, CFDs and precious metals. With clients all over the world, the broker strives to provide transparency, security and competitive trading conditions.

Tifia screenshotTifia forex broker has been established in 2014 and offers trading services with minimum deposit of just $10. The broker is regulated by Nanuatu Financial Services Commission VFSC.

tigerwit forex broker reviewsChina-based forex broker, regulated by Securities Commissions of the Bahamas, Tigerwit enters the forex trading arena with web-based and App social trading platform. With minimum deposit of just $50 you can access to 60+ currency pairs and social trading capabilities. Traders can choose a so-called Master, based on that person’s recent performance, yielding stats, risks and trading style. The broker still lacks online support and various payment methods. The only payment options available at the time of the review is Unionpay and wire transfer.

TIX FX ReviewTIXfx minimum deposit is $500, maximum leverage 300:1, Metatrader 4 platform. Broker has been established in 2014 and is currently not regulated. US traders are not accepted. 

TMS review

Established in 1997, TMS Europe broker offers trading services with over 40 currency pairs, fixed spreads starting from 1.2 pips. The broker is regulated but doesn't provide ECN execution and might be following market maker model. Minimum deposit is just $1, maximum leverage 1:200. Swap free Islamic account are not allowed. Skrill is one of the available payment methods. 

topprofx review screenshotUnregulated forex broker, located in Dominica and online since 2014, Top Pro Market offers several trading accounts and starting deposit requirement of just $10. Maximum leverage of 1:1000 and MetaTrader 4 platform.

trade360 screenshotRegulated by CySEC, Trade360, also referred to as CrowdTrading, a unique feature to see movement made by majority of traders via special in-house algorithm. Minimum deposit with this broker is $100, and you have Skrill and Neteller as one of the payment methods. 

tradeo broker reviewsCyprus-based broker, online since 2011 and regulated by CySEC. No dealing desk broker with forex stocks, commodities and indices at the click of the finger. MetaTrader 4 and in-house Tradeo web-based platform offers social trading experience with follow-copy features. Minimum deposit $250, maximum leverage 1:200. Payment options include Skrill, Neteller, wire transfer and credit cards.

Traders Way reviewsEstablished in 2010, Dominica located forex broker Traders Way offers STP trading services on forex, stocks, energies, commodities and metal.  Minimum deposit of just $1, various payment methods including Skrill, Neteller, Webmoney and others, MetaTrader 4 platform and in-house cTrader, maximum leverage up to 1:1000.

tradertrustTradersTrust provides brokerage services to retail traders with transparent, secure and regulated environment. Traders worldwide can take advantage of MetaTrader 4 terminal and ensure the complete control over their positions. The broker offers variety of trading instruments, including Forex, CFDs, Spot Metals, Oil and Indices.

disabled forex brokerThis binary option broker has ceased it's services. Website is down.

TradeV Review TradeV was established in 2011 and is currently located in Marshall Islands. The broker is not regulated. Special features include "watch and copy" other traders. There is negative balance protection. Many payment methods are available including Skrill, Paypal, Neteller and more. Minimum deposit requirement is quite high - $500.

trading212 screenshotHeadquartered in UK, Trading 212 is a trading name of Avus Capital UK Ltd. and offers forex and CFDs online trading services with latest web and mobile technologies for its in-house platform. With many advanced features, the platform brings you the optimal trading experience and satisfaction.

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Note: Broker's website seems to be down. Possible scam alert.

 

tradize review screenshotLocated in St. Vincent and the Grenadines, Tradize Ltd is a subsidiary of Famous Investment Limited. The broker was found in 2013 and offers online trading services and investment solution. Minimum deposit is $100, and maximum leverage is up to 1:1,000.

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Established by 3 professional traders with over 15 years’ experience, TrioMarkets™ is a trademark of EDR Financial Ltd. The broker is regulated by CySec and MiFID authorities and opens doors to online forex via MetaTrader 4, mobile and web platforms. The broker’s official address is listed in Cyprus.

Turnkey Forex Review

Broker with minimum deposit of $5, leverage up to 200:1, spreads from 0.2 pips with $2 commissions charged for each 100k. Turnkey Forex is not regulated and is headquartered in UK. 

umarkets reviewsBelize regulated broker, UMarkets offers forex trading services via Metatrader 4 platform since 2014. Minimum deposit requirement is quite high, compared to similar-level brokers and spreads are, frankly, not tight. ECN account is not properly explained on the broker’s site.

valutrade broker reviewsUK-based regulated forex broker, Valutrades provides ECN trading environement with spreads starting from 0.2 pips on majors plus $5 commission per standard lot traded. The broker has been operating since 2012, previously known under a different name - Monex Capital. Minimum deposit requirement is $100, payment methods include Skrill, Neteller, Qiwi, wire transfer and credit cards. 

disabled forex brokerNote: Varengold Bank FX stopped all trading services on October 14, 2016. The broker transferred clients to Prime Brokerage.

Vipro Markets Review

Cyprus based broker Vipro Markets offers forex trading services since 2015 with minimum deposit requirement of $25. MetaTrader 4 platform, several convenient payment methods including Neteller and Skrill and leverage up to 1:500.

disabled scam forex broker reviewVomma forex broker ceased to provide trading services. Broker's website is down.

weltrade reviewWeltrade broker has been established in 2006, regulated by IFSC, USA traders are unfortunately not accepted. Trading platform is Metatrader 4, minimum deposit requirement is $25, payment options include Neteller, Skrill, Webmoney, CashU and many others.

whaleclub reviews screenshotWhaleclub is rather unusual unregulated Hong-Kong based bitcoin broker – it offers trading services, but only accepts bitcoin as payment method. There is in-house web platform with social trading features, demo and live account with no minimum deposit requirement.