Discover and Compare the Best Forex Brokers

Top rated forex broker based in United Arab Emirates offering competitive spreads.

Top rated forex broker based in United Kingdom offering competitive spreads.

FP Markets stands out as a solid, no-nonsense Forex and CFD broker that, over the years, has evolved into one of the more reliable names in the industry, with its raw spreads, lightning-fast execution, and a well-optimized MT4 experience. While testing the platform, I found FP Markets’ suite of tools, particularly the 12 MT4 plug-ins and Autochartist signals, offered a noticeable trading edge. The pricing on the Raw account is especially attractive with many spreads starting from 0.0 pips and a competitive $6 round-trip commission.

Top rated forex broker based in United States offering competitive spreads.

FXOpen was founded in 2005 and has since become one of the fastest-growing and most impressive brokerages on the market today. Regulated in Nevis, a light regulatory approach combines with technology and a forward-thinking management team.

FXTG (or Forex TG) is an ASIC regulated company based in Australia since 2005. FXTG aims to provide both traders and trading enthusiasts with the necessary tools to become successful brokers. Ultimately, FXTG aims at simplifying the forex trading industry to ensure that their clients are satisfied and that they have provided as much assistance in the most professional way possible. FXTG employees really do their utmost to provide quality and efficient service to all who chose to sign up with them. With low 1 pip fixed spreads, FXTG is an obvious choice.

FXcast is a worldwide financial services corporation that is specialized in offering currency traders of various levels and experience with excellent quality online trading services. FXcast has remained in the market since 2005. FXcast is registered on Antigua and Barbuda and an accredited member of GDCA. Within this period FXcast has been able to establish itself to be reliable in an industry that has remained very dynamic. FXcast offers a range trading platforms that can be operated manually or automated with an auto-trade capability. FXcast parades the FXcast Swing platform for small accounts and the FXcast Pro platform which is based on Meta Trader 4 platform hence allowing the use of custom indicators and automated expert advisors. The FXcast Swing platform features a 1 Pip spread on EUR/USD, one of its drawbacks is the fixed 1:100 leverage. Meanwhile you still have a tradable 35 currency pair and accounts could start with as little as 1 USD. No personal documents are required for deposits smaller than 100 USD, while multiple accounts are allowed when using the FXcast Swing platform. Real time charts are in displayed not forgetting the fact that trades are open until it reaches take profit or stop loss point. The FXcast Pro is designed for traders of all levels of experience, while you can get acquainted with the trading platform using a free demo account for 30 days. FXcast Pro platform runs on MT4 technology (like many other brokers including GCMFX and Forex4You), allowing a leverage that spans from 1:25 up to 1:400, displaying 35 tradable currency pairs. With more than 40 embedded indicators on this platform automated trading with expert advisors becomes a reality. Fxcast Pro offers the possibility to open multi-currency accounts on EUR, USD or CHF. Signing up for either a demo or real account is pretty easy and takes less than 5 minutes if information’s are entered correctly. Funding live accounts is pretty easy as FXcast supports over eight deposit/withdrawal methods via International Bank Wire Transfer, Webmoney, e-gold, credit/debit card, Liberty Reserve, Bank Card for Chinese Customers, e-bullion, e-dinar and c-gold. FXcast runs a multi-lingual website in English, Chinese, Arabic, Indonesia and Russian, thus allowing its diverse customer base to get an integrated online experience. Other feature to watch out for is its friendly online help that runs 24 hrs. This definitely remains a broker to watch out for and I rate them 3 stars.

Forex.ca is an online broker site that allows users to trade forex online. On its website, Forex.ca allows visitors to learn about the company, browse their account options and the advantages of choosing the company, learn about Forex and the trading options available on the site, and learn about the history of the company. Forex.ca is a subsidiary of Cash Forex Trading Inc, and was founded in 2005 as a way to allow users the chance to trade foreign exchange online, providing the same opportunities to individuals as to larger corporations. Forex.ca reviews extensively the basics of forex trading online. They provide information about what forex is, how it is traded, and the risks involved with trading forex. They also provide definitions to commonly used terms in forex trading to allow newcomers to online trading to learn the proper jargon. They provide explanations of analysis of the marketplace, and provide free charts to their customers to allow them to stay up to date on the changes in a dynamic marketplace. The platforms also offer free auto-trading so users can set preferences to buy and sell forex when the market reaches a pre-set point. This allows for users to trade on the go at their convenience. Forex.ca reviews their trading options for their customers. They allow trading on any of four trading software platforms, to allow users to customize their trading experience with the company. The company offers mini trading accounts which require only a small initial personal investment to begin trading, as well as standard accounts for those more comfortable with trading online and looking to trade larger amounts. Forex.ca offers new account bonuses, and easy online applications for new accounts, and cheap online courses to help users get started trading. Following a Forex.ca review of new applications, users can fund their mini or standard trading accounts to begin trading online. Forex.ca offers phone and email support to their clients to ensure a positive consumer experience.

ForexYard, established in 2005 and located in Nicosia, Cyprus, is a foreign exchange and CFD broker offering Forex, stocks, oil, gold and bitcoin trading. It is regulated by CySEC and MiFID.

Top rated forex broker based in Switzerland offering competitive spreads.

The Gain Scope web site offers a very straightforward invitation to “Start Trading Forex” on its landing page. Inducements offered to those on the fence are a low deposit requirement, no commissions plus a reliable and advanced trading service provider. The Gain Scope profile is also very succinct and matter of fact in describing Gain Scope as a “financial services corporation specialized in providing traders with high quality online spot forex trading services.” Gain Scope acts an Introducer for the firm FXDirectDealer,LLC (FXDD), one that was founded by a global brokerage operation. This should give its customers peace of mind–according to Gain Scope. What we found disconcerting after five separate tests was how the CPU usage indicator on our Windows computer shot up to 99% every time we landed at www.gainscope.com. Similar, but somewhat less dramatic results occurred on a Mac. FXDirectDealer, LLC (FXDD) sports the following credentials: • Developed its auditing, compliance, and operational practices in the model of Tradition. • FXDirectDealer,LLC (Futures Commissions Merchant (FCM) NFA Regulated: #0397435) • Also regulated in Europe, MiFID, Malta Financial Services Authority (MFSA). Registration#: C 48699 and C 48817 • Receives its liquidity from the world’s leading banks including UBS, Deutsche Bank, Goldman Sachs, and Bank of America • Provides world-class security of funds • Holds a fidelity bond (Crum & Forster) to protect customer funds against fraud • Prevents negative equity • Provides transparent and consistent Inter-bank pricing and liquidity with fast trade execution. • Segregated Accounts Gain Scope describes its deployment of the ever-popular trading platform MateTrader 4 in the following terms: some advanced features designed to enhance your online Forex trading experience. Many in the industry concur. One can download MetaTrader 4 and operate it as a demo account for 60 days at gainscope.com. That option can be renewed again and again for another 60 days. A test run or two at Gain Scope might be a good idea. Gain Scope may offer live support at certain times of the day. A link from the Gain Scope web site to a Forex Encyclopedia brought us to Wikipedia.

Knight Capital is an institutional grade Forex broker and certified ECN broker providing direct interbank market access to Forex traders on the MetaTrader 4 (MT4) platform. Knight Capital is located in Helsinki, Finland and has received multiple awards at the esteemed Shanghai Forex Expo in Asia and for the best Forex execution from TheForexAwards.com. www.knightcapitalmarkets.com is operated by Knight Capital Markets Ltd in St. Vincent & the Grenadines.

Top rated forex broker based in Marshall Islands offering competitive spreads.

MultiBank Group has secured its position as a global leader in margin trading, standing out largely due to its unprecedented regulatory framework (17+ licenses globally) and its massive depth of tradable assets, featuring over 20,000 CFDs. For serious, well-capitalized traders, the ECN account offers institutional-grade execution with spreads from 0.0 pips and a competitive $6.00 round-turn commission. While the minimum deposit for the premium ECN account is high, the overall offering—combining MT4/MT5 support with its own social trading platform—makes it an exceptional choice for highly active traders looking for security and diversification. I've found their commitment to regulatory oversight and segregated client funds to be industry leading.

Prime 4x, a division of PrimeForex LCC, is an online broker site that specializes in the trading of Forex online. A Prime 4x review reveals that the company is run out of Dubai, and offers Forex trading to users around the world. On its website, www.prime4x.com, Prime 4x reviews the options available for its customers, as well as Forex education required for new users to succeed in online trading. Founded in 2005, Prime 4ex has expanded to serve an international client base, made up on individual investors and institutions, and large corporations. On its site, Prime 4x reviews its company goals: to offer a secure and reliable trading platform with very competitive trading conditions, and to provide a wide range of financial options to suit the needs of private traders and large corporations. To this end, Prime 4x reviews several fundamental concepts required to trade Forex online successfully. Prime 4x reviews what Forex is, and talks about the fundamentals of trading Forex by defining the terms of the marketplace, pricing for currencies, and risk management. Prime 4x also provides a glossary of all key terms related to Forex trading to ensure its users understand market jargon. The site also offers advice on trading strategy, indicators in the marketplace, and psychology of trading that can affect success. Prime 4x reviews its account options available for online forex trading. Users can sign up or demo accounts to get practice trading forex online with virtual money in a marketplace that mimics the live market. Users can also apply for live accounts, designed for small, standard, or large investment sizes, or partnership accounts that allow handling of numerous accounts at once. All accounts are subject to prime 4x review, and once approved, can be used to trade forex using the MT4 platform. Prime 4x reviews its support options, which range from 24 hour help phones and email support lines, to help ensure a positive consumer experience.

Spread Co is an online brokerage service that facilitates trading of forex, CFDs and spreads online. On its website, www.spreadco.com, Spread Co reviews its company history, dedication to its consumers, and its account options for prospective clients. Spread Co was founded in 2005 and is based out of London in the United Kingdom. Spread Co is dedicated to supporting its clients, which include personal investors, institutions, corporations, banks, brokers and financial intermediaries. Although it is a UK-based firm, Spread Co offers its services to customers around the globe. For users new to online trading, Spread Co reviews the basics of trading to help educate its users before they make the decision to trade online. The site features a frequently asked question section, which provides information about what forex, CFDs and spreads are, and how they are traded online. Spread Co reviews the rules of trading, as well as provides help on all aspects of using the site, from opening an account to using the trading platform software. Trading at Spread Co is done via the Saturn TRADER online software package. Saturn TRADER was developed by Spread Co, and can be accessed online via web browsers, or can be downloaded and installed onto a user’s computer. Spread Co reviews the advantages of the platform: it is customizable and includes charts to allow users to keep up to date on changes to the market. Unlike some competitors, Spread Co offers the platform to its account holders at no cost. Users looking to enter the market of online trading may sign up for a demo account at Spread Co. Registration requires only a valid email address, and allows users to begin to trade online with no personal risk. On its site, Spread Co reviews the advantages of their live accounts, which are geared towards forex, CFD and spread trading. Application is easy and can be done online, and following a Spread Co review, the account may be funded to allow trading. Spread Co provides phone and email support to attend to the questions and concerns of its clients.

Top rated forex broker based in Cyprus offering competitive spreads.

Sunbirdfx was founded in 2005 and is headquartered in London, UK. Sunbird is a Forex and CFD broker and a no dealing desk (NDD ) broker where traders can connect directly with international banks through an ECN for the best price feed regardless of account size.

Top rated forex broker based in Belize offering competitive spreads.

Naming an enterprise after a venerable financial institution like Wall Street takes a certain amount of confidence and might even confuse the search engines. Wall Street Brokers appears to have that kind of confidence, regardless of the risk. The company describes itself as a “pioneer securities and commodities trading firm, offering retail traders, corporations, money managers and hedge funds the gateway to complete e-commerce and online trading services”. The contact information the company provides points one to Wilmington DE 19810, USA. That covers Wall Street Brokers in geographical terms, but the website doesn’t provide much in the way of the history of Wall Street Brokers. Wall Street Brokers describes its services as including: - Tight Spreads - Variety of Products - Hedging Capability - Low Margin Requirements - No SWAP or Hidden Fees - Superior Trading Software - No Dealing Desk - Multi-lingual Support - Partnership Programs As with many other such firms the platform offered for download is MetaTrader 4, a good, solid choice. Support options other than live chat are unclear. The Wall Street Brokers website itself appears to have kept some Flash programmers busy for quite a while, but retains a good bit of focus nonetheless. The focus is on trading Forex and the product offered is comprised of three different account types designed to facilitate currency trading. They are a Standard account with a minimum deposit of $2,000, a leverage of up to 1:400, and a minimum lot size 0.1. A Mini account features a minimum deposit of $500, a leverage of up to 1:400, and a minimum lot size 0.1. A Micro account includes a minimum deposit of $10, a leverage of up to 1:500, and a minimum lot size 0.1. Those new to Forex can partake of a section devoted to education in Forex right on site. One can open a Demo Account for free practice in Forex trading as well.

AMP Futures is a pure-play futures broker in the US offering 50+ trading platforms and four price feeds, promising the lowest commissions, or traders will receive 20 commission-free trades. Founded in 2004, AMP Futures only accepts US-resident traders, and I can recommend it as an execution-only broker for demanding futures traders. Learn what my AMP Futures review uncovered about this futures broker. Should you open an account with AMP Futures?

Arab Financial Brokers (AFB) is a closed shareholding corporation registered under the Kuwait commercial law. The company seeks to cater to clients who trade heavily in the spot Forex market and the futures market. Conversely, Arab Financial Brokers can handle transactions of almost any size. Its clients present the company with needs that are specific to the Mid East, particularly the Gulf region. Arab Financial Brokers responds to its Arab and Islamic clients needs and in compliance with the Islamic Shariah. Clients have the opportunity to run their own Forex accounts referred to as Forex Islamic Accounts. AFB is the parent company of AFB FX, a top Forex brokerage that serves traders worldwide with excellent trading conditions, multiple trading platforms and several types of Forex accounts. Arab Financial Brokers' s mission is to provide excellence client service along with state of the art technology that will facilitate trading in the financial markets it serves. The company also seeks to partner with parties that refer their clients to Arab Financial Brokers and its services. Arab Financial Brokers's technology consists of multiple redundant servers and Internet connections and carefully wrought security mechanisms. Arab Financial Brokers Trader is the company's online trading platform. The platform is said to allow access to real-time tradable prices and to provide the power to trade global markets from one integrated account 24 hours a day. Additional features include: • Advanced charting tools • Live real-time tradable prices • Account status online in real-time • Advanced program trading features--including stop orders and Contingent or if-Done orders. Arab Financial Brokers's Multi Terminal platform allows clients to trade and monitor multiple accounts of different types and sizes on a single platform. Arab Financial Brokers MOBILE Terminal is offered for Pocket PC users. Arab Financial Brokers's Wap technology allows any client with a mobile phone to monitor current market quotes in all the instruments that Arab Financial Brokers trades. Arab Financial Brokers complements its trading platform with 24-hour customer service and dealing support. One can communicate with its support team via phone, email, and chat. Arab Financial Brokers also provides an online learning center that covers Forex basics and offers potential clients the option of opening a demo account for risk free trading.

Dukascopy is a Swiss bank and online broker offering four trading platforms, a well-balanced asset selection, and competitive trading fees. It offers its trading services via the in-house developed Swiss FX Marketplace (SWFX). This ECN proprietary technological solution connects SWFX to 20+ banks via the FIX API for deep liquidity and fast order execution. The STP/NDD/ECN trading environment and volume-based commission discounts make Dukascopy ideal for high-volume and high-frequency traders and an excellent Forex broker for algorithmic traders. My Dukascopy review evaluated the trading environment to determine the Dukascopy advantage and how it benefits traders. Is Dukascopy the right broker for your portfolio?

FXCH is in reality the Foreign Exchange Clearing House. Traditionally financial clearinghouses settle financial transactions between two parties for a fee. FXCH’s services appear to reach beyond those basics into Forex and other types of financial trading.

On a routine check of this brokerage in January 2018 we discovered that the URL redirect to a foreign language website and that the brokerage is no longer open for business. If you're looking for a reliable Forex broker, we recommend choosing from our top broker listing.

Update: As of December 2012, FXdirekt was closed down by BaFin, the German Federal Financial Supervisory Authority for repeatedly scamming clients. It is alleged that among other things, FXdirekt employees created a system through which they showed traders how to trade successfully in their demo account but not in their live account, causing them to lose their money.

Fast Brokers is an online broker company that specializes in the trading of futures and Forex. On its website, Fast Brokers reviews their account options, the benefits of choosing an account with the company, their company history, and their customer support options. They also offer information about trading Forex and futures online, so user can educate themselves on the details of the marketplace before choosing whether to invest in trading online. Fast Brokers is headquartered in Glendale, California. The company mission is to provide fast and professional customer support, and provide all the education, software and tools needed for their customers to achieve financial success trading online. Fast Brokers reviews their high standards of quality that set them apart from their competition, and allow users t learn about the company to feel safe using their broker services to trade online. Fast Brokers reviews their trading options for trading futures and Forex online. The company offers direct access to information to help clients make sound financial decisions when trading. Users can access to up to date market analysis and trends, as well as charts and software to help guide their trading. Fask Brokers reviews their trading platforms available. Users looking to trade futures can use the Trade Pulse, Trade Navigator or Fast Scalper programs, which offer a range of features to suit new and advanced traders. Users looking to trade Forex can do so using the FastFX, FastFX-PRO, and Currenex ECN platforms. For those looking to open an account, application can be done online or over the phone. Following a Fast Brokers review, users can log into their accounts online to fund their account by wire transfer, PayPal, or credit card, and begin to trade online. Fast Brokers offers phone and email support to clients, to ensure a positive consumer experience trading online.

FreshForex, founded in 2004, is one of the leaders on the Forex market in Russia. Its head office is in St. Vincent and the Grenadines. The company provides access to Forex and CFD markets. It is licensed as Riston Capital Limited and regulated under the financial regulators CRFIN and KROUFR.

FX stands for Forex, which stands for foreign exchange trading, which does describe at least one of the FxCompany’s reasons for being. FxCompany is owned by FxCompany Financial Group Ltd. Its activities comply with the legislation of Mauritius and are regulated by FSC (Financial Services Commission) of Mauritius. FxCompany employs the services of over 100 representatives “all around the world”. FxCompany also offers CFD (contract for difference) trading options to its customers. These include CFDs for stocks, futures, indices, metals and dividends. FxCompany also has “Moslem” Swap Free Accounts available. The trading platform available for download is MetaTrader 4 in Terminal, Multi Terminal, Mobile, and Smartphone editions. The FxCompany also references upwards of 400 trading tools designed to assist its account holders. Spelling out the nature of at least some of those tools could prove helpful to potential customers seeking to make a decision. A standard account offers spreads starting from 0.5 pips, leverage up to 1:500, multi-currency accounts in USD, EUR, etc. and a minimal deposit of 100 USD. FxCompany also offers a VIP account that features spreads starting at ZERO points, a free Pocket PC with MetaTrader 4 Mobile pre-installed, a Personal Account Manager and 5% interest to a client’s deposit. The company also offers partnership options. The exact details of those sorts of agreements seem to be available through more direct contact with the company than the website can offer. That is probably best-pursued offline in any case. Those new to trading can open a demo account with FxCompany. What marks that option as somewhat unique is the company’s practice of holding contests centered on demo trading that that reward the winners of such contests with real money. Unlike many competitive firms the FxCompany website does not offer any educational material that relates to trading Forex or CFDs online. 24/7 On-Line Support is advertised in a banner on the main page with no other details of that support provided.

Larson & Holz IT Ltd is a Forex broker headquartered in St. Vincent and the Grenadines with satellite offices in many other countries. Since their establishment in 2004, their goal has been to provide easy internet access to financial markets all over the world. They very clearly state on the website that they do not provide asset management or guarantee profits and that their franchise offices are independent companies. They do not provide services to citizens of the US, North Korea and other specific countries based on those countries regulations. We found during our Larson & Holz review that this firm is registered under the Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN) as well as a member of the Commission for the Regulation of Relations in the Financial Markets (KROUFR).

Nadex, acronymous for the Northern American Derivatives Exchange, formerly known as HedgeStreet, is a US-based binary options exchange. Nadex became the primary binary options, call spreads and knock-outs broker in the US. It offers clients its proprietary trading platform, also available as a mobile app, popular among millennial traders.

Optimus Futures is an introducing broker for five brokers and offers exclusive futures trading for US residents. Founded in 2004, Optimus Futures offers its proprietary trading platform, MT5, TradingView, and 16 additional choices. The cost structure includes volume-based rebates. Therefore, I consider Optimus Futures a good choice among execution-only brokers for US-resident futures traders. I reviewed this broker to evaluate its trading conditions. Is Optimus Futures the best broker for your futures portfolio?

Top rated forex broker based in United Kingdom offering competitive spreads.

You might suppose that there’s something familiar about AKforex. That something may be its association with The Ikon Group, which is a large provider of financial trading service to over 18,000 institutional and retail clients in over 90 countries. The scope of AKforex’s activities is considerably more limited. Specifically, AKforex offers online forex trading as an Introducing Broker for the Royal Division of Ikon GM.

AL Trade offers its clients 24-hour access to the Foreign Exchange market commonly called Forex. AL Trade seeks to provide high-quality Forex trading services to all of its customers whether they are organizations or individuals. The company remains acutely aware of the vast size and scope of Forex, the world’s largest financial market. The company was established in 2003. As part of its continuing efforts to meet client requirements, the company added a variety of new services for trading in Gold (Spot) and Silver (Spot), as well as on CFD for DAX futures in 2007. Traders access the market using AL Trade’s MetaTrader 4 real-time trading system. This system is described as a new generation trading platform. It features an advanced technical analysis system and a Trade Terminal operating in real-time mode. AL Trade's services include low spreads, mobile trading, and other trade advantages. One needs to click the “Advantages” link on AL Trade’s main web page to determine what those advantages are in detail. In brief, AL Trade’s services offer the following advantages: the ability to work with different financial instruments in a single account, the ability to trade in different currencies, hedging (which allows for the market moving in two different directions and reduces risk), a guarantee that customers will not suffer losses in excess to the amounts available in their accounts as well as an assurance that the information regarding AL Trade's customers is maintained in strictest confidence in a tax-free jurisdiction. Those advantages do serve to address common concerns of people that trade in the Forex market. Somewhat new and different is the ability of traders to use their web-enabled mobile devices, including phones and personal digital assistant to trade. A little further explanation and assurances regarding that option might be in order. A free demo account is offered for fledgling traders. This is always a good thing for those wishing to gauge how risky Forex trading may be or how it works in detail.