Commodities Webinar

Forex Brokers List

FinanceBrokerage providing an in-depth forex brokers list reviews to help our readers choose reliable Forex, Stocks, CFDs brokers to work with. We have compiled this resource, which looks at all the key factors a trader should consider before selecting a broker to work with, as well as a list of all financial brokers to save you the legwork and hassle that comes with finding a broker. We hope you find it useful.

 

RATINGSCOMPANYBROKER LOGOREGULATIONMAXIMUM LEVERAGESPREAD ON MAJORSMINIMUM DEPOSITPLATFORMREVIEWSINFO
TOP 1
MultiBank Group

MultiBank group logo
ASIC, BAFIN, CIMA, FMA, TFG, HKCE, MAS, AUSTRAC, BVI, VFSC1:500FIXED$50MT4, MT5
Info-logo
TOP 2UptrendCenter
UptrendCenter-LogoN/A1:400
Floating
$250Web Based
Info Icon
TOP 3FinancialCentre

FinancialCentre-logoN/A
1:400
Floating$250Proprietary
Info Icon
TOP 4The Investment Center
The-Investment-Center-logo
N/A1:400
Floating$250Proprietary
Info Icon
TOP 5Trader House
rader-House-logoN/A
1:400
Floating$10,000
Proprietary
Info Icon
TOP 6
InvestmentsGlobal

InsvestmentsGlobal-logoN/A1:500Fixed$250MT4, MT5
INFO logo
TOP 7
FxRevenues

FxRevenues-logoN/A1:200
Floating$250Proprietary
INFO logo
TOP 8
PrimeMarketCap

PrimeMarketCap-logoN/A1:500Floating$250Proprietary
INFO logo
TOP 9

Stocklinity

StocklinityN/A1:500FloatingN/AProprietary
INFO logo
TOP 10

TLMmarkets

TLMmarkets LogoN/AN/A
FloatingN/A
Proprietary
INFO logo
TOP 11

PoloTrade365

PoloTrade365LogoN/A1:400FloatingN/AMetaTrader 4, MetaTrader 5, WebTrader
INFO logo
TOP 12
Markets Bank

Markets-BankN/AN/A0.0 pips$250(MBTS) Markets Bank Trade Station
INFO logo
TOP 13
ViaChains

ViaChainsN/A1:300FloatingN/AProprietary
INFO logo
TOP 14
GSL Markets

GSL-MarketsCySEC1:5000.3 pips$250MetaTrader5
INFO logo
TOP 15
AutoTradeGuru

AutoTradeGuruN/A1:400Floating From 0.01 Pips$250Proprietary
INFO logo
TOP 16
IG-Canada

IG-Canada LogoN/A
1:600Floating From 0.01 Pips
$250Proprietary
INFO logo
TOP 17
BTN Centre

/BTN-CentreN/A1:200Floating From 0.01 Pips
$250
MetaTrader 4
INFO logo
TOP 18UberchainsUberchainsN/AN/AFloating$10,000
Proprietary
info-icon
TOP 19Axe Market
Axe-MarketN/A1:400Floating$10,000Proprietary
info-icon
TOP 20BitAurox
BitAuroxN/A1:1000Floating From 1 Pip
$10,000MetaTrader 4, MetaTrader 5 and Webtrader
info-icon
21 Trade Sparkle
TradesparkleN/A1:500Floating$10,000Proprietary
info-icon
22 Mixfinancing
MixfinancingN/A1:50Floating From 1 Pip$250
Web
info-icon
23 Marketrocks
MarketrocksN/A1:400Floating From 0.01 Pips$250Proprietary
info-icon
24 Xeodis
XeodisN/A1:200Floating From 0.01 Pips$250Proprietary
info-icon
25 Mega Markets
Mega-MarketsN/A1:500Floating From 0.0 Pips
$250Proprietary
info-icon
26 GigaFinancing
GigaFinancingN/A1:500
Floating From 1 Pip
$250
Web
info-icon
27 MyProfitLive

myprofitlive
N/A
1:400Floating From 0.0 Pips
$250Proprietary, MT4, MT5
info-icon
28 BROKERAGEA
BROKERAGEA
N/A1:400Floating$1000
Proprietary
info icon
29
Protradespot
Protradespot-logoN/A1:300Floating From 0.0 Pips
$250Proprietary
Info Icon
30
Alliance Reserve
Protradespot-logoN/A1:500Floating From 0.0 Pips$250Proprietary
Info Icon
31
MGM Global
MGM-Global-logoN/A1:400Floating From 0.0 Pips$250Proprietary
Info Icon
32
TCM Investments
TCM-Investments-logoN/A1:500Floating From 0.0 Pips$250Proprietary
Info Icon
33
Efixxen
Efixxen-logoN/A1:400Floating From 0.0 Pips$250Proprietary
Info Icon
34
allstocknow.com
allstocknow-logoN/A1:400Floating From 0.0 Pips
$250MT5
Info Icon
35
Gainful Markets
Gainful-Markets-logoN/A1:400Floating From 0.0 Pips$250Proprietary
Info Icon
36
Ventorus
Gainful-Ventorus-logoMwali International Services Authority (M.I.S.A.) of Comoros Island
1:400Floating From 0.0 Pips$0Proprietary
Info Icon
37
FXGT.com
FXGT-logoSeychelles Financial Services Authority (SFSA), South African Financial Services Conduct Authority (FSCA), Vanuatu Financial Services Commission (VFSC), CySEC is reserved for institutional traders1:1000
Floating From 0.0 Pips$5MetaTrader 4, MetaTrader 5
Info Icon
38
TheFinansowyGroup
TheFinansowyGroup-logoN/A1:400Floating From 0.0 Pips
$250MT5
Info Icon
39
AGlobalTrade
AGlobalTrade-logoN/A1:400Floating From 0.0 Pips$500Proprietary
Info Icon
40
Bankwiz
Bankwiz-logoN/A
UncappedFloating From 0.0 Pips
$250Proprietary
Info Icon
41
Flaregain
Flaregain-logoCrypto Service Authority1:400Floating From 0.0 Pips250Proprietary
Info Icon
42
Traderup
Traderup-logoN/A
1:400
Floating From 0.0 Pips
$250Proprietary
Info Icon
43
Mycapitalinvest24
Mycapitalinvest24-logoN/A1:400
Floating From 0.0 Pips$250MetTrader 5
Info Icon
44
AllCapitalInc
AllCapitalInc-logoN/A1:400Floating From 0.0 Pips$250MetaTrader 5
Info Icon
45
Theinwestycja
Theinwestycja-logo
N/A1:400Up to 50%N/AMT5
Info Icon
46
ModMount
ModMount-logo
FSA, CySec1:400Floating From 0.05 Pips$250Proprietary
Info Icon
47
FXNovus
FXNovus-logo
FSCA, CySec1:400Floating From 0.9 Pips$250Proprietary
Info Icon
48
Luxtious
Luxtious-logo
N/A1:400Floating From 0.0 Pips250$Proprietary
Info Icon
49
Bankefex
Bankefex-logoN/A
1:200Floating From 0.0 Pips$250Proprietary
Info Icon
50
Wiolin
Wiolin-logoFinplus Capital Ltd.1:400
N/A$1,000Proprietary
Info Icon
51
Time Markets
timemarkets-logoN/A1:500Floating From 0.0 Pips$250Proprietary
Info Icon
52VHNX
CTL-Markets-logoN/A
1:200Floating$250Proprietary
Info Icon
53 Korata
Korata-logoN/A1:500N/A$500Proprietary
Info Icon
54 PowerStox
PowerStox-logoN/A1:400Floating From 0.0 Pips$250Proprietary
Info Icon
55Kaarat
Kaarat-logoN/A1:400Floating$250Proprietary
Info Icon
56Luzuna
Luzuna-logoN/A1:400Floating From 0.0 Pips$500
Proprietary
Info Icon
57Foxane
Foxane-logoN/A1:400Floating$1,000
Proprietary
Info Icon
58Finaguide

Finaguide-logoN/A1:400Floating$250Proprietary
Info Icon
59Traderminds

traderminds-logoN/A1:500Floating From 0.0 Pips$250WebTrader, MT4
Info Icon
60Opticapital

Opticapital-logoFCA1:500Floating From 0.0 Pips$250WebTrader, MT4
Info Icon
61YOURGLOBALDEAL

YOURGLOBALDEAL-logoN/A1:400Floating From 0.0 Pips$250MetaTrader 5
Info Icon
62Globalinwest

globalinwest-logoN/A
1:400Floating From 0.0 Pips
$250MetaTrader 5
Info Icon
63 OneFxGroup

onefxgroup-logoN/A1:400Floating From 0.0 Pips$250MetaTrader 5
Info Icon
64Torro Capital

TorroCapital-logoN/A1:400Floating From 0.0 Pips$250Proprietary
Info Icon
65Buxberg

Buxberg-logoN/A1:400Floating$2,500Proprietary
Info Icon
66DemaxisDemaxis-LogoN/A1:400FloatingN/AProprietary
Info Icon
67 Geetle Geetle-LogoN/A
1:400Floating$250Proprietary
Info Icon
68MbchainsMBchains logoN/A1:50Floating From 0.0 Pips$250Proprietary
Info Icon
69Greendaxgreendax-LogoN/A1:400Floating$250Priprietrary
Info Icon
70CauvoCapitalCauvoCapital-LogoN/A
1:400Floating From 0.0 Pips$100Proprietary
Info Icon
71MaxiWyseMaxiWyse-LogoN/A1:400Floating$500Proprietary
Info Icon
72Kowelakowela-logoN/A 1:400
Floating$250
Proprietary
FinMarket logo
73LBLVlbl logoN/A1:400Fixed$250MetaTrader 5 (Compatible with iOS and Android), WebTrader
FinMarket logo
74 Mayhemfinancial Mayhemfinancial-LogoN/A1:500Floating From 0.0 Pips250$Proprietary
Info Icon
75 Fintsunami Mayhemfinancial-LogoN/A1:500250$Proprietary
Info Icon
76 Expochains
ExpoChains-logoN/A1:1000
Floating From 0.0 Pips$250MetaTrader 4, MetaTrader 5
Info Icon
77 GLE Markets
ExpoChains-logoN/A1:500Floating From 0.0 Pips$250Custom Web Based
Info Icon
78 Market Giants
Market-Giants-logoN/A1:500Floating$250Proprietary
Info Icon
79Cinpaxcinpax-logoN/A1:400Floating$250
Proprietary
info-icon
80FiatVisionsinvestlite-logoN/A1:400
Floating$250
Proprietary
Info Icon
81BrokereoBrokereo-Logo
CySEC with registered number 189/13
1:500Variable$250
MT4
Info Icon
82BitPandabitpanda-Logo
N/AN/AN/AN/AN/A
Info Icon
83Degirodegiro -LogoN/AN/AN/AN/AN/A
Info Icon
84LynxLynx-LogoN/AN/AN/AN/AN/A
Info Icon
85tastyworkstasty-LogoN/AN/AN/AN/AN/A
Info Icon
86WebullWebull-LogoN/AN/AN/AN/AN/A
Info Icon
87
CryptoIFX

crypto-ifx-logoN/A1:400
Floating$250Proprietary
Info Icon
88
XPOken
XPOken-logo
N/A1:400
Floating$250
XpTrade
roinvesting logo
89FundizaFundiza logoN/A1:400N/A$250MT5
Fundiza logo
90CommerceWealth
CommerceWealth LogoN/A1:400
N/A$250-
Info Icon
91ProfitiXprofitix logo N/A1:400Fixed/Floating $250MetaTrader 5, MT5 for Android, MT5 for iOS, MT5 WebTrader
ProfitiX logo
92Evolveevolve logoN/A1:1000Variable$250MT4, MT5, Proprietary
Info Icon
93AxiTraderaxitrader logoASIC, FCA, SCAUAE1:4000 pip$250MT4 (Compatible with iOS and Android) and MT4 NexGen
FinMarket logo
94Nixse
NIXSElogo-logoN/A1:400N/A$250
MT5
Info Icon
95TradersHomeTH logoN/A1:4006 pip$250MetaTrader 5 Client Terminal, MT5 Web Trader, Android Trader, iOS Trader
FinMarket logo
96Forex Birds
forex-birds-logoFSA1:100Variable
$250
MT4, WebTrader, MobileTrader

Info Icon
97Alfa-Forexalfaforex logoCySEC (Cyprus), 025/041:1000.7 pip$250ZuluTrade, MT4 & MT5 (Compatible with iOS and Android) and MetaTrader Web Terminal
FinMarket logo
98UptosUptos logo25826BC2020 1:400N/A$250
MT5

FinMarket logo
99FXPRIMUS
fx-primus-logo-logoCySEC, VFSC, FSCA
1:30
Variable
$250
MT4, WebTrader, MobileTrader
Info Icon
100ForexCTforexct logoASIC1:4002 pip$250Web PROfit, MT4 (Compatible with iOS and Android)
FinMarket logo
101LoyalEFX
loyal-efx-logoFSA1:400Variable$250Proprietary
Info Icon
102Kiexo
Kiexo Logooperates under the laws of St. Vincent and the Grenadines1:400N/A$250MetaTrader 5

Info Icon
103FP Marketsfpmarkets logoASIC1:5000.1 pip$250IRESS Trading platform, MT4 & MT5 (Compatible with iOS and Android)

FinMarket logo
104 Kiplar
KiplarLogooperates under the laws of St. Vincent and the Grenadines
1:400
N/A$250
MetaTrader 5

Info Icon
105Gtradex
Gtradex LogoN/A1:500Floating$250Proprietary
Info Icon
106RevolutExpert
RevolutExpert LogoN/A1:500Floating$1000MetaTrader
Info Icon
107LimeFX
Limefx LogoN/A1:500Floating$500MetaTrader 4, MetaTrader 5XCritical Trading Platform
Info Icon
108PrimoTrade
PrimoTrade LogoUnregulated1:4001-1.5 pips.$150MetaTrader 4; PrimoTrader
Info Icon
109Alparialpari logoCBR, FSCMFloating0 pip$250MT4 (Compatible with iOS and Android), WebTrader
FinMarket logo
110FXTMforextime logoCySec, IFSCFloating0.1 pip$250MT4 & MT5 (Compatible with iOS and Android)
FinMarket logo
111InstaForexinstaforex logoCySec, BVI FSC1:1000Fixed$250MT4 (Compatible with iOS and Android), WebTrader
FinMarket logo
112Orbexorbex logoCySec1:5000.8 pip$250MT4 (Compatible with iOS and Android), WebTrader
FinMarket logo
113FXTRADING.comFX Trading logoASIC, VFSC1:5000 pip$0Proprietary, MetaTrader 4, MetaTrader 5
FX Trading logo
114XMxm logoCySec1:501.9 pip$250MT4 (Compatible with iOS and Android)
FinMarket logo
115FXGiantsFXGiants LogoFCA1:5000 pip$250MetaTrader4 (MT4), PMAM
FinMarket logo
116FX Global MarketsFXGM LogoCySec, FSCA1:2003.0 pip$250Proprietary
FinMarket logo
117FXCMFXCM LogoAMF, ASIC, BaFin, CONSOB, FCA, FSBN/AN/A$250MT4

FinMarket logo
118IQ OptionIqOptions LogoCySecN/AN/A
$250Proprietary
FinMarket logo
119XTBxtb LogoFCA, IFSC, CySec, BaFin, CNMV in Spain1:2000.28 pip$250MT4, xStation 5

FinMarket logo
120FXCCFxccLogoCySec, 121/10, VFSC, 145761:300N/A
$250MT4, PC Trader, Mobile Trader, Multi-Terminal

FinMarket logo
121Equiti
Equiti LogoJSC, 50248, FCA, 5283281:500N/A
$250MT4, Web Trader, Mobile Trader

FinMarket logo
122Infinox
IINFINOX LogoFCA, 5010571:300N/A$250IXO, MT4, CQG Desktop, ZuluTrade

FinMarket logo
123IG Markets
IG Markets LogoFCA 195355, ASIC, 2204401:300N/A$250MT4, Web Trader, Mobile Trader, L2 dealer

FinMarket logo
124Pepperstone
Pepperstone Logo
ASIC, 220440, FCA, 6843121:500N/A$250MT4, MT5, cTrader, Web Trader, Mobile Trader

FinMarket logo
125FxPro
FXPRO Logo
CySec, 078/07, FCA, 450521:500N/A$250MT4, MT5, cTrader, Web Trader, Mobile Trader

FinMarket logo
126Oanda
Oadna Logo
ASIC, FCA, 5425741:50N/A$250
MT4, Web Trader, Mobile Trader

FinMarket logo
127Admiral Markets
Admiral LogoFCA, 595450, CySec, 201/13, ASIC, 4106811:500N/A$250MT4, MT5, Web Trader, Mobile Trader

FinMarket logo
128Forex.com
Forex.com LogoCIMA, 25033
1:400N/A$250MT4, MT5, Web Trader, Mobile Trader

FinMarket logo
129CMC Markets
CMC LogoFCA, 173730
1:500N/A$250MT4, Web Trader, Mobile Trader

CMC logo
130ATC
ATC LogoCIMA, 14482741:200N/A$250MT4, MT Pro, Web Trader, Mobile Trader

ATClogo
131TradeStation
TradeStation Logo
SEC, 6509775761:500N/A$250MT4, Web Trader, Mobile Trader

TradeStatoion logo
132LexatradeLexatrade-Logo
IFMRRC1:200From 1$250Proprietary, MT4
TradeStatoion logo
133EXANTEEXANTE-Logo
CySEC, FCAN/AFrom 0.3€10,000Proprietary
TradeStatoion logo
134DeltaStockDeltaStockFSC1:200N/AN/AMetaTrader5, Proprietary
TradeStatoion logo
135EightcapEightcapASIC, SCB1:500From 0.0 pips$100MetaTrader 4, MetaTrader 5
TradeStatoion logo
136TMS BrokersTMS-BrokersPolish Financial Supervision Authority1:2000.0001N/AMetaTrader5
TradeStatoion logo
137Crux24
Crux24 LogoN/AN/AN/A$250MT4

Info Icon
138TopTradePro
TopTradePro LogoN/AN/AN/A$250MT4
Info Icon
139RoyalStox
RoyalStox Logo
N/A1:250
Fixed$250
MetaTrader 4, RS WebTrader
Info Icon
140Phoenixus
Phoenixus Logo
N/AN/AN/A$250MT4
Info Icon
141CoinePro
CoinePro Logo
N/A 1:400 Floating$250
MT4
Info Icon
142CrypTechs
CrypTechs Logo
N/AN/A
N/A$250
MT4
Info Icon
143CCXMarketsCCXMarkets Logo
N/AN/AN/A$250
MT4
Info Icon
144Avait.investmentsAvait.investments LogoN/A1:200N/A$250MT4
Info Icon
145FxCryptoClubFxCryptoClub LogoN/A1:400N/A$250N/A
Info Icon
146Royal GTXRoyal GTX Logo
N/A2 1.3$250N/A
Info Icon
147Lcoin MarketLcoin-Market-LogoN/AN/AN/A$250MT4, Proprietary Web Trader
Info Icon
148AudemartAudemart-LogoN/AN/AN/A
$250Proprietary
Info Icon
149NorthState.io
NorthState.io Market-Logo
N/A1:600N/A$250 N/A
Info Icon
150Graham AlphaGraham AlphaLogo
N/AN/AN/A$250MT4
Info Icon
151WallarmaxWallarmax Logo
N/A1:30Floating$250 Proprietary
Info Icon
152RogerFin
Wallarmax Logo
Unregulated1:200N/A$250N/A
Info Icon
153TopInvestusTopInvestus-logo
None1:30Floating$250Proprietary
Info Icon
154SoloFXB
SoloFXB
N/A1:200N/A$250MT4
Info Icon
155GoldmanBanc
goldmanbanc-logo
Unregulated1:200N/A$250N/A
Info Icon
156Blackstone500
Blackstone500-logo
N/A1:200N/A$250Custom
Info Icon
157Rentalzi

Rentalzi-logo
N/A1:200Floating From 0.0 Pips$250Proprietary
Info Icon
158 Ixxen

Ixxen-logo
N/A1:400Floating From 0.0 Pips$250Proprietary
Info Icon
159 NSFX

Ixxen-logo
BaFIN, MFSA, ACP, Consob, CNMV, and FINANSTILSYNET1:50Floating From 0.0 Pips$300MT4, JForex
Info Icon

In order to provide maximum clarity, we’d like to give you some insight into how we rank the companies we look at in our Forex broker reviews. This rundown will help you understand how our grading works and what you can expect from our top brokers.

Safety

Before giving a passing grade to any broker, the first thing we look at is the safety of its clients. It’s no secret that the financial world is rife with scams, and we’d like to keep you safe from them. Here are some of the factors we consider when evaluating broker safety:

  • Regulation – bonus points for top-tier regulators, such as the FCA, SEC, CONSOB, AMF, CMNV, ASIC, CySEC, and other on-shore watchdogs
  • Broker reputation and behaviour history
  • Website integrity
  • Website and service presentation clarity
  • Truthfulness – lying about regulation, for instance, is worse than having none at all
  • Liquidity provider and partner bank quality
  • Account safety features
  • General cybersecurity

We also dock points for other predatory and potential scam behaviour. This may include overaggressive or false advertising, unverifiable claims, and a service that looks hastily made. By holding brokers to a strict standard, we strive to keep our top Forex brokers list free of bad players.

Trading Environment & Conditions

After the broker has passed our safety checkup with at least a passing grade, we inspect the service. Here, we consider numerous points crucial for Forex broker ranking. And while we focus on Forex-oriented conditions, we also value those that help traders in general.

The Availability of Forex and Other Assets

A top list of Forex brokers would look pretty silly if its top contenders didn’t have a good selection of Forex assets. Our first concern for any broker is whether it provides a full list of Forex instruments – majors, minors, and exotics alike.

We do offer some leeway in exotics, as they are the least relevant for serious Forex traders. However, ideally, the best brokers of Forex would offer full Forex market exposure. In fact, the top ones on our list do!

As for other asset classes, it’s always better to keep a large part of your trading routine in one place. So, if an entry in our Forex broker listing also offers stocks, indices, and other instruments that can complete your trading portfolio, we consider that a plus.

Platforms

This criteria revolves around three things. The first is the quality of the best platform the broker has available. If it offers MetaTrader 4, for example, it’s already ranked fairly well. That’s because we’re confident the well-known platform can offer you a complete trading experience. However, we always test the platform ourselves to see how it feels and whether all necessary services are present.

Here, we consider the presence of take profits and stop losses absolutely crucial. Beyond that, we evaluate the number and ease of use of chart indicators, as well as the intuitiveness of the chart structure. Customization is also a significant plus, and things like built-in deposits, signals, and other news sources also bolster our rating.

Next, for our broker Forex ranking, we look at the ability to access the platform via different devices. Most modern brokers have web, mobile, and terminal options, and traders have adapted their routines around that. As such, not having either of these is a significant hitch for us.

Lastly, we consider the number of different platforms. While having one great platform is sufficient, we always welcome more ways for you to shape your experience.

Lastly, Brokers with multiple platforms earn extra points. This is both for the merit of the platforms and since these are often the companies that put the most care into their service.

Accessibility

If a company wants to make our top brokers for Forex list, it needs to make its service feel good. Accessibility is a crucial component both in letting newer traders join the market and not making experienced traders feel miserable when joining your service. There are several factors we consider:

  • Website navigation and presentation
  • Demo account availability
  • Minimum deposit level
  • Low-investment account capabilities
  • Platform intuitiveness
  • Education features

To clarify our position regarding accounts, the minimum deposit and the capabilities of the account it gets you are tied together. Suppose the broker lets you enter the market with $100 but has debilitating fees, locked assets, and limited features. In that case, it’s unlikely to make it far in our Forex broker directory despite the low minimum deposit.

Accounts

The beginner account bit was the perfect segue into discussing the account structure further. In general, there are two ways brokerages structure their platforms.

The first is with each account requiring traders to reach certain deposit thresholds. Sensibly, that means the accounts are strict upgrades over one another.

The other is with multiple accounts serving different purposes, such as a split between an STP account, an ECN account, and a low-spread account. These accounts can have different deposit requirements but don’t have to, and you can usually choose between them freely.

Due to companies on our Forex broker listing taking such different approaches to their account structures, we can’t make specific sweeping statements. In general, we like it when there are multiple accounts to choose from and when every option is at least decent for its price point. If the latter is untrue, we consider the accounts traps and deduct points.

Overall, we look at the specific account features that the broker offers and evaluate each option on its own merit. This case-by-case approach is the only reliable method of ordering companies in a list of best forex broker reviews.

Customer Support

Problems happen when dealing with technology. With Forex brokers who handle large sums of your money, these can be seethingly frustrating. That’s why it’s crucial for the broker to know how to resolve these issues swiftly and effectively.

Support Outlets

A large part of the support structure comes from the methods you use to reach the broker. Common options include live chat, phone lines, email, and social media channels. In this regard, it’s quite simply the more the merrier. A broker can also earn extra points by setting up phone lines in multiple countries, for instance.

Support Responsiveness

Having numerous support channels doesn’t mean much if the broker doesn’t respond. Support responsiveness is the next step in our formula for evaluating customer support.

Support Quality

As we already said, tech issues (or other problems outside the trader’s control) are frustrating. If the customer service team is dismissive, gives automated responses, or is otherwise rude, it compounds that anger.

When evaluating a company on our list of trusted Forex brokers, we reach out with a test query. This is usually a mock issue that should be fairly simple to solve. That way, we judge quality and responsiveness without putting a huge strain on the broker’s support team.

Extras

We welcome any extra effort the broker puts in over the norm. For instance, a bonus offer, provided its terms are clear and favourable for traders, is something we’re always glad to see. Beyond that, there are many features that brokers can present, both in terms of utility (economic calendars, calculators and analysis tools) and convenience (newsletters, account managers, personalized advice), that push it upwards in our top brokers for Forex list.

The Right Broker for You

Choosing the right trading service provider is frustrating, overwhelming, and can turn you off from trading altogether. However, the combination of our judging criteria results in a ranking system that makes the usually gruelling process of finding a Forex broker that suits you a matter of minutes rather than days.

All of the companies near the top of our Forex brokers list are excellent choices in their own right. Choosing between them is a matter of personal preference and nuances in trading style.We encourage you to take your time and go through our Forex broker reviews to find the option that suits you perfectly.

If you’re not primarily a Forex trader, you should also take a look at our crypto broker list. There, you’ll find many amazing companies there that can provide significant value to your trading routine and bolster your profits.

Finally, we hope our list has helped you find your permanent trading hub and wish you the best of luck in your trading endeavours!

  • Support
  • Platform
  • Spread
  • Trading Instrument
User Review
  • Support
    Sending
  • Platform
    Sending
  • Spread
    Sending
  • Trading Instrument
    Sending