The Top Forex Brokers in the World reviewed. We have rated and reviewed the 100 Best Forex Brokers that offer their services to Forex Traders worldwide.
This is a complete listing of The Top and Best Forex Brokers in the World. In this in-depth write-up you will learn:
and much, MUCH more!
AvaTrade is one of the Biggest Forex Services Providers in the world with over 17 Years of experience in the field. AvaTrade is regulated by 9 trusted entities on 6 continents across the globe. AvaTrade offers access to a wide range of assets, leading platforms, and trusted customer support.
Broker | AvaTrade |
FSCA regulated | Yes |
Bonus | Yes |
Trust Score | 94% |
Live support | 24/5 |
MetaTrader 4 (MT4) | Yes |
MetaTrader 5 (MT5) | Yes |
Trading Islamic Account | Yes |
CFDs – Total Offered | 681 |
Spreads | 0,9 pips |
Withdrawal fee amount | Zero |
Trading fees class | Very Low |
Scalping Allowed | Yes |
Open a account | Click Here |
Pros | Cons |
Wide range of CFDs assets to trade – 1000+ | No Stock |
Worldwide regulated | Cryptocurrency deposit is not accepted |
Award winner | Quarterly and annual inactivity fees |
Multiple platform – MT4, MT5, etc | Costumer support is not available 24/7 |
Negative balance protection | No bonus for EU based clients |
Exness is the Leading Choice for Professionals with fast, reliable execution, transparent pricing, and instant withdrawals. With Exness, investors can trade on Crypto, Forex, and Commodities with Social Trading additionally on offer
Broker | Exness |
Minimum Deposit | $10 USD |
Publicly Traded | No |
Used by | 145’500+ Traders |
CMA Regulated | Yes |
Bonus Program | Standard +10% |
Islamic Account | Yes |
Demo Trading Account | Yes |
Forex Pairs | 110 |
Spreads | 0.1 pips |
Open an Account | Click Here |
Pros | Cons |
Exness is well-regulated and keeps all client funds in segregated accounts with top-tier institutions | There is a limited portfolio of financial instruments offered |
Traders can choose between several retail investor accounts | Exness offers a limited number of payment methods that can be used for deposits and withdrawals |
JustMarkets is an international firm that accepts clients from different countries across the globe, including South Africa. Just Markets offers access to a multitude of accounts, including Swap-Free and Demo Options. Traders have a choice between two of the biggest trading platforms, MT4 and MT5.
Broker | JustMarkets |
Min. Deposit | $100 USD |
Scalping | Yes |
Heding | Yes |
Demo Account | Yes |
Islamic Account | Yes |
US Traders Accepted | No |
MetaTrader 4 | Yes |
MetaTrader 5 | Yes |
Open an Account | Click Here |
Pros | Cons |
MT4/MT5 Offered | No US, UK, or Japan Traders |
XM is a trusted Broker choice for Beginners and it offers a Welcome, No-Deposit Bonus. Furthermore, XM Traders will have access to 25+ secure payment methods, 10+ Full featured trading platforms, and, 24/7 Multilingual Customer Support.
Broker | XM |
Min. Deposit | $5 |
Regulation | FSC / DFSA / CySEC / ASIC |
Leverage | Up to 1:1000 |
Trading Fee Class | No |
Inactivity Fee | $5 |
Withdrawal Fee | No |
Demo Account | Yes |
Open an Account | Click Here |
Pros | Cons |
XM has more than 5 million active clients from around the world | Inactivity fees apply |
Client fund safety is guaranteed, and XM offers investor protection to traders | There are no fixed spreads offered |
BDSwiss offers access to leading web-based trading platforms plus 250+ CFDs on Forex, Shares, Indices, Commodities, and Cryptos. BDSwiss offers Multilingual Support and a Local Presence plus falls under the regulation of the FSC and FSA
Broker | BDSwiss |
Min. Deposit | $100 USD |
Regulation | FSC / FSA |
Max Leverage | 1:1000 |
Margin Call | 50% |
Stop Out | 20% |
Open an Account | Click Here |
Pros | Cons |
Multiple Trading Platforms | Basic Mobile Platform |
Excellent Customer Support | Lack of Bonus offers |
HF Markets is the best broker choice for non-US traders with four account options on offer, including a Premium Account. HFM offers CFDs on Forex, Commodities, Bonds, Metals, Energies, and Shares with leverage of up to 1:2000. Ultra-Fast execution and Swap Free Account options are additionally made available.
Brokers Name | HFM Ltd |
Regulation | CySEC, FCA, FSCA |
Minimum deposit | $0 |
Maximum Leverage | 1:2000 |
Asset Types | Forex, Metals, etc. |
Trading platforms | Web, MT4, MT5 |
Supported lot | 0.01 – 500 |
Demo | Yes |
Open an Account | Click Here |
Pros | Cons |
Segregates client funds | Limited range of instruments |
Regulated by CySEC | Not FCA Regulated |
Pepperstone was founded in 2010 in Melbourne, Australia, and processes an average of US$12.55bn of trades every day. Pepperstone is one of the world’s largest forex brokers and is trusted by over 300,000 traders around the world. Additionally, Pepperstone is one of the Best MT4/MT5 brokers with NAS100
Broker | Pepperstone |
Min Deposit | $0 USD |
Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB |
Islamic Account | Yes |
Demo Account | Yes |
Base Currencies | 9 |
Forex Pairs | 60+ |
Share CFDs | 60+ |
Index CFDs | 16 |
Open an Account | Click Here |
Pros | Cons |
Pepperstone ensures client fund security by keeping it in segregated accounts | There are additional fees applied to the Islamic account |
Pepperstone is both a multi-regulated and multi-award-winning broker | There are some leverage restrictions |
FBS is a trusted international broker with a presence in 150 countries across the globe. FBS offers access to great educational resources for beginners, a multitude of trusted withdrawal methods, versatile trading accounts, and 24/7 support in 18 languages.
Broker | FBS |
Minimum Deposit | $1 USD |
Regulation | FSCA, CySEC |
Welcome Bonus | Yes |
Islamic Account | Yes |
Demo Account | Yes |
Max Leverage | 1:3000 |
Spreads from | 0 Pips |
Spread Type | Fixed, Floating |
Copy Trading | Yes |
Inactivity Fee | None |
Trading Platforms | MT4, MT5 |
Trading Instruments | 100+ |
Open an Account | Click Here |
Pros | Cons |
Negative Balance Protection | Limited Tradable assets |
Excellent Regulation | Limited Trading Platforms |
OctaFX is a leading broker that offers access to a user-friendly mobile trading app, High Leverage, Transparent trading conditions, and Free educational materials. OctaFX traders will additionally have access to a 1:500 maximum leverage ratio, 230 trading instruments, and a +50% bonus.
Broker | OctaFX |
Min. Deposit | $100 USD |
MT4 | Yes |
MT5 | Yes |
Demo Account | Yes |
Islamic Account | Yes |
Managed Accounts | Yes |
US Traders Accepted | No |
Open an Account | Click Here |
Pros | Cons |
High maximum leverage | US Clients not accepted |
Low minimum deposit | Low asset selection |
FP Markets is a top Broker with Low Spreads. FP Markets traders will have access to 70+ Forex Currency Pairs on MT4, More than 10,000 stocks on global exchanges, fast execution, and Multilingual customer support. Furthermore, FP Markets offers access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), IRESS,
cTrader and WebTrader & mobile apps for iPhone and Android devices.
Broker | FP Markets |
Minimum Deposit | $100 USD |
Tradeable Symbols | 9000+ |
Forex Pairs | 60+ |
Trading Platforms | MT4 / MT5 |
Copy Trading | Yes |
Inactivity Fee | No |
Trading Fee Class | Low |
Open an Account | Click Here |
Pros | Cons |
FP Markets is a well-regulated broker that has a high level of trustworthiness | There are no fixed spread accounts offered |
There is a wide range of markets that can be traded across asset classes | There are withdrawal fees charged |
There are powerful trading platforms supported across devices | There are administration fees charged on the Islamic Account |
Now it is your turn to participate:
Regardless, please share your thoughts in the comments below.
One of the Biggest Forex Brokers in the World is AvaTrade with over 400’000 traders and over 15 years of experience in the financial market.
The Top 20 Forex Brokers with Low Minimum Deposits include FBS, Forex4You, InstaForex, Oanda, Axi, ThinkMarkets, SuperForex, Pepperstone, Trading 212, and XTB who do not require a minimum deposit or a deposit as small as $1 USD. Additional low-deposit brokers include HF Markets, XM, Exness, FXTM, OctaFX, NordFX, Alpari, IQ Option, Admirals, and FXOpen.
The Top 10 Regulated Forex Brokers in the world are AvaTrade, Exness, JustMarkets, XM, BDSwiss, HF Markets, Pepperstone, FBS, OctaFX, and FP Markets.
Forex Brokers with NAS100 include Pepperstone, eToro, AvaTrade, IG, and Plus500 to name but a few.
The Best Forex Brokers for Beginners include the likes of FBS and XM. FBS offers access to educational resources and welcome bonus offers.
Brokers who offer access to ZAR accounts include Khwezi Trade, XM, and IFX Brokers.
HFM, FXTM, FBS, and FXOpen offer access to Micro Accounts.
Brokers who offer instant or same-day withdrawals include FreshForex, GO Markets, and Exness.
This is a complete listing and Review of The 5 Best Forex Brokers with a $200 USD Welcome Bonus. In this in-depth write-up you
This is a complete listing and Review of The 5 Best Forex Brokers with a $50 USD Welcome Bonus. In this in-depth write-up you
Global multi-asset broker HFM has announced that the Cent Account is now available for Copy Trading. Copy Cent is available to both Followers and Strategy
This is a complete listing and Review of The 5 Best Forex Brokers with a $100 USD Welcome Bonus. In this in-depth write-up you will
The 5 Best Forex Brokers with a 100% Deposit Bonus Offer revealed. We have rated and reviewed the best 100% Deposit Bonuses for 2023*
The Top 20 Best Forex Brokers in Portugal revealed. We have rated and reviewed the best Forex Brokers accepting Portuguese Traders. This is a complete