In this section you can find selection of review the top Forex Brokers for 2017 in various countries including US and UK. The reviews below are the collection of information and rating from our team of experts and other traders like yourself, and below you can access comprehensive and updated table of the best Forex Brokers and their detailed overview.
FxGrow offers innovative online brokerage trading services under the Growell Capital company, regulated by Cyprus Securities and Exchange Commission. Minimum deposit requirement is $100, Metatrader 4 platform is available, ECN broker with tight spreads.
Introducing broker for Fortrade Ltd. Minimum deposit requirement is $100, leverage up to 1:200, spreads are not tight, ECN execution is not confirmed, most likely the broker is market maker. Demo account comes with $100,000 virtual money for practice. Payment methods include skrill and neteller.
FXonUS is an offshore, unregulated forex broker, established in 2016 and located in Marshall Islands. The broker offers trading services and promises low spreads, however the major currency pairs spreads are quite high once you start trading. Minimum deposit is also rather high - $500.
FXOpen started as educational center in Cairo for technical analysis of stocks and currency exchange and evolved into forex broker back in 2005. The broker was one of the first to offer retail traders with access to ECN market with MetaTrader 4 platform. Today you can explore fair and secure environment with Micro, Standard and PAMM account types for both beginners and experienced investors, including Islamic traders with Sharia compliant swap-free accounts.
Cyprus regulated forex broker, online since 2012, with 60 currency pairs and negative balance protection. Metatrader 4 platform with minimum deposit requirement of $200. Payment include wire, credit cards, Skrill, Neteller and others.
Located in Cyprus and regulated by Cysec, FX Primus opened its doors to traders back in 1999. All trading styles are welcomed, minimum deposit is $100, leverage up to 1:500. Payment options include Neteller and Skrill among others.
FxPro provides trading services, latest currency press releases and online trading tutorials with comprehensive learning guide. The broker brings the variety of trading platforms, 24/5 support in various languages and a set of competitive trading tools. FxPro offers no dealing desk with straight-through-processing of the orders to market without price manipulation.
FXSolutions stopped its brokerage services as of March 2013. The existing clients have been transferred to forex.com broker. You can find the review of forex.com broker in our directory for further information. The FXsolutions website is redirecting to CityIndex broker.
Note: GFT Forex discontinued it's services and transferred all clients to Gain Capital (Forex.com) broker.
Established in 2010, GKFX forex broker offers forex, equities, indices and commodities trading with tight spreads and fast execution. Located in London, GKFX is regulated by FCA, JFSA in Japan and other local regulatory bodies.
Established back in 2006, GrandCapital is one of the reputable brokers with professional yet user-friendly trading platform and attractive trading conditions including 500:1 leverage, minimum deposit of just $10, tight spreads starting from 1 pips on majors and wide selection of updated bonus offers.
Established in 2011, GTOptions is a leading broker in binary options trading with a cutting-edge trading platform suitable for both new and experienced traders worldwide. The broker accepts clients from all over the world, including US.
Havest Markets broker has been established in 2017 and is regulated by FSA. The broker offers ECN processing via Metatrader 4 and Webtrader platforms. Minimum deposit is $10, various payment methods include most favorite among traders Skrill and Neteller.
Georgian forex broker HDforex, established in 2015, offers STP ECN trading environment with 50 currency pairs and $500 minimum deposit. Trading platforms include Metatrader 4 and in-house HDFOREX. Binary options are also available. At the moment of the review, the broker offered bonus of up to 100%.
Headquartered in Mauritius, Hotforex brings various account types, wide selection of trading software and outstanding features for ultimate trading experience for individuals, fund managers and institutions. With the access to interbank spreads and liquidity, this award-winning broker brings unparalleled, regulated trading experience suitable for any type of trading style including scalping and expert advisors, and challenges other brokers in outstanding performance and innovative features.
House of Borse is regulated ECN broker with extremely high minimum deposit requirement of $25,000. MetaTrader 4 platform, spreads from 0.3 and there is commission of $45 per $1 million traded. There are 50 currency pairs.
Established as a division of Henyep Group with over 30 years of experience in financial industry, HYCM (previously known under the name HYMarkets) is located in London, with other representative offices in United Arab Emirates, Cyprus and Hong Kong. The broker is regulated by UK Financial Conduct Authority. Metatrader 4 platform with minimum deposit of $100. The broker is market marker without ECN environment.
Hydra Markets’s been established in 2016 and is located in Georgia. Maximum leverage of 1:1,000 and minimum deposit requirement of $100, the broker offers forex trading services for 120+ currency pairs. Available payment options include Skrill, Neteller, Visa and Master cards. Minimum spreads on majors such as EUR/USD is just 0.5.
This Forex broker is marked as scam and is no longer accessible.
Austria-based broker, online since 2013, with attractive opportunity for investors worldwide. Over 23 million dollars of client assets, intuitive platform, experienced analytics and attractive profit opportunity. Minimum deposit of $3,000.
Note: IBFX has ceased its activity as a forex broker. All existing clients have been transferred to FXCM forex broker.
Note: iClickNTrade has discontinued it's trading services. The broker's website is redirecting to Fortress Capital.
Founded in 1996, iForex provides financial brokerage services and is committed to quality and technological innovations. Acting as a dealing room, the broker gains access to market products such as forex, CFDs and commodity via its flexible and user-friendly platforms available in both download and web-based versions.
Vanuatu based forex broker, online since 2009 with several trading accounts to choose from, minimum deposit requirement of just $1 and small selection of payment methods – wire, credit cards and prefect money. Igofx is currently unregulated broker, since it lost it’s New Zealand license back in 2014 and didn’t reclaim it back.
UK regulated broker, rebranded twice! Started as VantageFX, continued as GoMarkets and since 2016 is officially called Infinox. Lots of currency pairs, STP/ECN accounts, minimum deposit $100, MetaTrader 4 platform.
InstaForex is one of the leading and reputable online forex brokers today with many yearly outstanding awards from respected sources such as ShowFX World, International Expos and IAIR. Among many advantages of the broker, you get the whooping leverage of up to 1,000:1, minimum deposit of just $1, ForexCopy system which allows you to follow trades of others in real time, 107 currency pairs to choose from, ECN broker services with competitive spreads for all available trading instruments. There are many payment methods for funding and withdraw, including Instaforex MasterCard. +Open Trading Account
Australia-based, regulated Invast Global broker targets institutional and professional traders, hence the minimum deposit requirement of $25,000. That is one of the highest minimum deposit that an online forex broker would request. Unlike the overwhelmingly high minimum deposit, the broker offers rather low maximum leverage of just 1:100. Another extremely inconvenient feature, or shall we say, lack of – is the payment method which only includes wire transfer as an available deposit and withdrawal solution. ECN execution, competitive spreads.
Established in 2010, IronFX is one of the fast-expanding online brokers today. The brokerage is connected to widely known brokers such as ACM and FXPro and is one of the first brokers to obtain regulation by major authority bodies such as CySEC, ASIC, MiFID and FCA. Just recently World Finance magazine awarded IronFX with a title of “ Best FX Newcomer”. The broker operates a STP and ECN with many account types and several platform options including MetaTrader 4, mobile version and web-based interface.
Cyprus-based regulated broker, established in 2012 with over 50 currency pairs to choose from. USA traders are not accepted. Minimum deposit is $250, demo account is available, broker is not ECN. Islamic accounts are available, leverage up to 500:1. Payment methods – only wire and credit cards.
Founded in 2015, JCMFX is located in London and is a proud forex trading provider to 10,000 Real Accounts. The broker has grown to a large and well established international investment firm and aims to become true leader in the industry.
Founded by traders, Juno Markets sets to deliver superior trading environment, transparency and personal service to its customers. Headquartered in New Zealand, Juno Markets roots its name to the Roman goddess Juno Moneta, the protector of funds. The broker is regulated by FSP in New Zealand.
Situated in Signapure, KGIeworld is wholly-owned subsidiary of KGI Securities Co.Ltd., one of the largest securities company in Taiwan established back in 1988 as a financial service provider in Asia-Pacific region. The broker is regulated by Monetary Authority of Singapore (MAS).
Larson&Holz forex trading broker is online since 2004 with various jaw-dropping awards from prestigious financial organizations. Minimum deposit of $250, payment options include wire, credit cards and neteller, most beloved trading platform MetaTrader 4 in desktop, web and mobile version with binary trading feature.
UK-based, FCA regulated broker, established back in 2005 as a spread betting provider. Currently, the broker offers more than 60 currency pairs, and various other trading instruments. There is Metatrader 4 platform and in-house LCG Trader web-based platform available only for ECN accounts. Minimum deposit requirement is $1 and leverage is up to 1:500.
WARNING: Broker's website seems to be down.
Broker with several account types, relatively high spreads and average leverage options. During the review, we were unable to locate the commission structure for ECN account anywhere on the site. The company the broker belongs to is registered in Cyprus, however there is no mentioning of the regulation by CySEC. Although LegacyFX claims to be regulated, at the time of this review, the broker was not found with main regulation authorities.
Liteforex has been a reputable, safe and well-known forex broker around the world since 2005. The main purpose of the broker is to make currency trading available for any trader. There is an option of cent accounts for an initial deposit of just $10.
It is easy to start with Liteforex – the registration process takes only couple of minutes. There are plenty of payment methods to choose from, allowing you the full range of flexibility when it comes to deposits and withdrawals. Both new and existing traders receive special treatment with wide variety of unique bonuses and promotions. Open Trading Account
LMFX has joined the forex arena in 2015 as an online foreign exchange broker with retail trading conditions, security and MetaTrader 4 platform available both in desktop and web versions.
Note: Londonfx has ceased to provide trading services. The broker is out of business.
LQDFX broker is situated in Marshal Islands and was established in 2015. This STP broker is not regulated at the moment. Clents funds are kept in segregated accounts. Minimum deposit requirement is $20, maximum leverage 1:200. Lots of account types including Islamic accounts and lots of payment options including Skrill, Paypal and Neteller.
Established in early February 2012, MahiFX is a market maker brokerage, which brings ASIC (Australia) regulated forex trading environment in 30 languages with tight spreads and cutting-edge interface on one of the most wanted trading platforms MetaTrader 4.
Unregulated offshore broker located in Vanuatu with minimum deposit requirement of $250, 20:1 leverage, unclear spreads for basic and standard accounts, no obvious link to demo account and scarce payment options.
Established in 2009, Markets.com has earned its trustworthy reputation with the outstanding performance, competitive trading conditions and transparency. The minimum deposit requirement for the mini account is $100. There are several other account types to choose from are Standard and VIP. The broker is regulated and EU licensed, offering high safety standards to both beginners and advanced traders.
SCAM ALERT: MasterForex discontinued its services. The broker's website is offline.
MBATrade is an UK, unregulated forex broker, established in 2016. Trading services are offered with minimum deposit requirement of $10, maximum leverage of 1:500 and wide range of trading instruments with either fixed or variable spreads. Demo account is available for practice. Trading platform is MetaTrader 4, both desktop and mobile version.
Note: Megatrader fx broker is disabled. The website automatically redirects to XM.com broker.
Regulated Australian forex broker MEX Exchange offers forex, metals, stocks and CFDs trading services. Minimum deposit requirement $25, leverage up to 1:500, minimum trade size 0.01 lot, MetaTrader 4 platform.
Located in Russia, MFX Broker has been operating since 2006 y Master Services. The broker is regulated by IFSC in Belize. Minimum deposit is just $1, Metatrader 4 platform is available in desktop, web and mobile version. Social trading is possible via MFX Copy. At the moment if review, the broker offered several bonus promotions and trading competitions to its customers.
Mocaz Financial Markets has been established in 2011. This is STP and ECN, unregulated forex broker with spreads as low as 2 pips. Maximum leverage is up to 300:1 and minimum deposit is $10.