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TOP FOREX BROKERS REVIEW

THE INTERNET'S MOST COMPREHENSIVE LIST OF ONLINE FOREX BROKERS AND FOREX REVIEWS. 

Compare Forex Brokers Platform 2024

Top Forex Brokers Review compare forex brokers like  DNA Markets, FXGT.com, BlackBull Markets, Eightcap, FP Markets and Octa based on the broker spread comparison, deposit and withdrawal fees, trading platforms, and fast execution. On top of that forex platform comparison with wide range of trading pairs and strong customer support.

DNA MarketsFXGTBlackBull MarketsEightcapFP MarketsOcta

Best Online CFD Forex Brokers Platform Comparison 2024
Find the best CFD Forex Broker & Start trading Now!

RANK VISIT
BROKER
REGULATION

We only list licensed brokers that comply with the requirements of prominent regulatory agencies.

MIN
DEPOSIT

The minimum amount you need to deposit in order to start trading.

DEPOSIT
BONUS
RATING MAX
LEVERAGE

Leverage refers to the ratio of securities you can buy for a given payment. The higher the leverage ratio, the higher your buying power (and the higher the risk). For example, a leverage ratio of 500:1 means you can purchase 500 securities, but only pay the equivalent of 1 security valuation. The leverage ratio offered can vary depending on the experience level of the trader.

PAYMENT
SYSTEM
SUPPORT START
TRADING
1
ASIC, CySEC, FSP
$100
No Bonus
1:500

Telephone: +44 28 2544 7780

image
Pros
  • Excellent education tools
  • Low forex fees
  • Fast account opening
  • Easy funding methods
Cons
  • No bonuses
Platforms & Devices
2
FSA
$0
No Bonus
1:500

Telephone:

image
Pros
  • 9 base currencies
  • 24/7 technical service
  • Direct market access
  • VPS, FIX API, copy trading
  • Superior trading conditions
Cons
  • No negative balance protection
  • Withdrawal fees
Platforms & Devices
3
ASIC, FCA, CySEC, SCB
$100
No Bonus
1:500

Telephone:

image
Pros
  • Fully digital account opening
  • Low forex fees
  • Research tools
  • Free Education Resources
Cons
  • No bonuses
Platforms & Devices
4
CySEC, FSCA
$25
No Bonus
1:500

Telephone:

image
Pros
  • All base currencies
  • 24/5 technical service
  • Direct market access
  • Superior trading conditions
Cons
  • No negative balance protection
Platforms & Devices
5
AFSL
$100
No Bonus
1:500

Telephone:

image
Pros
  • All base currencies
  • 24/7 technical service
  • Direct market access
  • Superior trading conditions
Cons
  • No negative balance protection
Platforms & Devices
6
FSCA, FSA, VFSC, CySEC
$5
No Bonus
1:1000

Telephone:

image
Pros
  • Fully digital account opening
  • Low forex fees
  • Research tools
  • Free Education Resources
Cons
  • No bonuses
Platforms & Devices
7
CySEC, FCA, FSC Mauritius, CMA
$100
No Bonus
1:2000

Telephone:

image
Pros
  • Fast and digital account opening
  • Superb customer service
  • Great educational tools
Cons
  • High CFD fees
  • Charge inactivity fees
Platforms & Devices

Compare Forex Brokers: Regulations and Licenses

regulations and licenses

 

Compare Forex Brokers: Brokerage

Compare Forex Brokers: Brokerage

 

Top Rated Online Best Forex Brokers 2024

Rating
Fastest Limit Order SpeedAward Wining BrokerTrade Smarter with EightcapTrade with a Global BrokerTrade FX, CFDs and StocksMore than Just Trading
Open AccountOpen AccountOpen AccountOpen AccountOpen AccountOpen Account

DNA Markets

DNA Markets: Gives Simplified Yet Rewarding Trading Experience

DNA Markets: Trade Forex, Shares, Commodities, Indices, and CryptocurrenciesEstablished in 2019 and headquartered in Melbourne, Australia, DNA Markets has quickly become a go-to choice for forex traders worldwide. Let's take a quick look at some key information:

DNA Markets Trading Platforms: MetaTrader 4 and MetaTrader 5

The heart of DNA Markets lies in its trading platforms – MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are not just tools; they're your gateway to a simplified and rewarding trading experience.

MT5 offers a user-friendly interface, low spreads, quick trades, and customizable features. Whether you're on your computer, phone, or web browser, MT5 provides a seamless trading experience.

MT4, a winning platform at DNA Markets, provides a quick interface and full charting options. Enjoy low spreads, speedy trades, and a flexible system that supports various trading methods.

Account Types: Standard and Raw

DNA Markets offers two kinds of accounts for different traders. The Standard Account is made for traders who like things straightforward. It comes with a good EUR/USD spread ranging from 1.0 to 1.3 pips and doesn't charge any commission for a standard lot. Traders can adjust their positions with a flexible trade size ranging from 0.01 lots to 100 lots. It has a 100% margin call level and a 50% stop-out level to help manage risks. To start with the Standard Account, you need a minimum initial deposit of $100 AUD. You're also allowed to do scalping and use Expert Advisors (EAs), giving you the freedom to try different trading strategies.

If you want direct access to the forex market and tighter spreads, DNA Markets gives you the Raw Account. This account type offers a raw spread, making it a cost-effective option for traders who are a frequent trader. While there's a $3 commission for a standard lot, the flexibility in trade size, margin call level, stop-out level, minimum initial deposit, and supported base currencies are the same as those in the Standard Account. Traders who choose the Raw Account enjoy the same freedom for scalping and EAs, ensuring a consistent and clear trading environment.

DNA Markets Copy Trading with Signal Start

DNA Markets, in collaboration with Signal Start, brings you an innovative solution to enhance your trading experience through copy trading. Signal Start is a technology provider that offers an all-in-one solution for those who provide and follow trading signals.

Signal Start provides a comprehensive solution for both signal providers and followers, offering trade copying technology, account analytics, multi-broker compatibility, and a user-friendly interface. By partnering with DNA Markets, Signal Start ensures a cost-efficient, dynamic, and continuously evolving service.

Signal Start acts as a one-stop-shop Forex signals service, allowing users to follow and replicate the trading activity of professional traders. The platform offers a simulator for testing signal setups, providing insights into hypothetical performance outcomes.

Deposit and Withdrawal

DNA Markets understands the importance of quick and secure transactions. Hence, they offer multiple payment options for your convenience. You can use different currencies like AUD, CAD, EUR, GBP, IDR, MYR, VND, USD, NZD, SGD, JPY, and THB. When it comes to funding, you have choices like Visa/Mastercard, which processes instantly without charging any fees. If you prefer wire transfers, it might take 1 to 5 business days, and the fee can vary. Bpay is an option if you're in Australia, and it takes 1 to 2 business days with no fees. For quick and instant processing, you can also use Skrill, Neteller, Crypto, QR Code, Local Bank Transfer, Bitwallet, and Astropay, though these methods may have variable fees. DNA Markets gives you flexibility in how you fund your account and make it convenient for your trading needs.

So, it can be said that DNA Markets is an excellent choice for online trading. With user-friendly platforms, a variety of account types, competitive spreads, and a wide range of tradable instruments, DNA Markets provide service to both new and experienced traders. The inclusion of copy trading with Signal Start adds an innovative dimension to the trading experience. Deposit and withdrawal processes are seamless, providing a hassle-free financial interaction. DNA Markets makes trading simple and accessible for everyone with multiple assets, user-friendly interfaces, and seamless copy trading.

fxgt

FXGT.com: Lowest Minimum Deposit with Wide Range of Funding Methods

FXGT.com Strongly Regulated Broker

FXGT.com started in 2019 and has become a top choice for forex traders. Their goal is to offer great trading conditions, teach traders, give them confidence, and keep their money safe while they trade. They offer different types of accounts for different kinds of traders, and they have lots of instruments to trade with and things to learn from. FXGT is really serious about keeping everything safe and following the rules in many different regions.

The broker offers a wide range of trading instruments, including 54 forex pairs, 32 cryptocurrencies, precious metals, energies, equity indices, stocks, NFTS, DeFi tokens, synthetic pairs, and the unique GTi12 Index.

FXGT.com Regulations

FXGT prioritizes client safety and regulatory compliance. They operate as a fully regulated broker with licenses from the Seychelles Financial Services Authority, South African Financial Services Conduct Authority, and Vanuatu Financial Services Commission. Their commitment to transparency and trust ensures a secure and reliable trading environment across multiple jurisdictions, emphasizing regulatory excellence.

open an account- fxgt

Funding

You can put money in and take money out of your FXGT.com account pretty easily, but sometimes, the people who handle the money might charge a small fee. You can start with just $5, which is good because you don't need to put all your savings to get started.

Leverage

FXGT employs a flexible leverage model that adapts to a trader's activity, helping to manage risk effectively. This active approach offers leverage options tailored to different regions, such as 1:30 for European traders, 1:200 for South African traders, and an impressive 1:1000 for international traders in Forex, providing the flexibility to optimize trading strategies.

Platforms and Tools

The broker's trading platforms, MetaTrader 4 and MetaTrader 5, offer user-friendly, efficient, and versatile tools for traders. MT4 allows for automated trading with Expert Advisors (EAs) and technical indicators. MT5 is known for its speed, advanced trading tools, and deep market insights.

open an account- fxgt

FXGT.com offers a set of trading tools called the Advanced Trader Toolkit for MT5, catering to different account types and balances. These tools assist in strategy execution, risk management, and market analysis.

Research and Education

The broker provides research and educational resources, including "Trader Insights," to measure market sentiment, technical analysis charts, an economic calendar, and trading signals through MT5. They also offer five eBooks for learning but plan to enhance their educational content.

FXGT-join now

Customer Support

You can get help from customer support anytime, 24/7, and they can assist you in many different languages through email, web forms, and live chat. The website provides various bonuses and promotions, which may vary by location and time, each with specific terms and conditions.

So, FXGT.com is a legitimate and regulated broker, offering a secure and diverse trading environment with flexible leverage options. Traders can benefit from the broker's affordable entry with a $5 minimum deposit, excellent customer support, and a wide array of tradable assets, making it a valuable option in the forex industry.

open an account- fxgt

BlackBull Markets -Trading Fees, Low CFD Fees

Blackbull BlackBull Markets was established in 2014 with the aim of offering the best trading experience to forex traders around the world. And it seems they have been on the right path as the broker now has a presence in more than 180 countries. It is regulated by Financial Services Authority in Seychelles (FSA) and Financial Markets Authority (FMA), while BlackBull also has an office in Auckland, New Zealand (Head Office), and the UK.

BlackBull Markets give access to 26,000+ tradable instruments to its traders using a single account. Depending on your trading experience and investment, you can open three different accounts, Standard, Prime, and Institutional, with BlackBull Markets. Using these accounts, you can trade Silver, Gold, Natural Gas, Crude Oil, Shares, Indices, and CFDs.

  • 11 Base Currencies
  • 26,000+ tradeable assets
  • Regulation: Financial Services Authority in Seychelles (FSA) and Financial Markets Authority (FMA)
  • Free TradingView Pro

blackbull open an account

Instruments

The broker gives access to different major and minor forex pairs such as EUR/USD, GBP/USD, USD, JPY, USD/CAD, AUD/USD, NZD/USD, and USD/CHF. When it comes to CFDs, BlackBull gives access to US, Australian, Hong Kong, and European shares and global indices. Using these markets, you will be able to trade 2000 popular stocks such as Tesla, Facebook, Amazon, and more.

Additionally, you can trade Crude Oil, Gold, and Silver, Cash Crops such as Soybeans, sugar, and Natural Gas.

BlackBull Markets offers MetaTrader 4 and MetaTrader 5 platforms to all clients.

join today blackbull markets

Account Types

BalckBull Markets offers three account types, and you can choose them according to your investment, experience, and trading requirements.

Standard Account: This account is perfect for new traders as it has the lowest minimum deposits among other accounts. That being said, you can start the account with a $0 minimum deposit. The spread starts from 0.8 with a minimum trading lot size of 0.01. You will get up to 1:500 leverage access with this account. However, it is a no-commission account.

Prime Account: You will find this account useful if you have some sort of forex trading experience. However, you will need a minimum $2000 deposit to start the trading. The Prime account’s spread starts from 0.1, and the minimum trading lot size is 0.01. But, this account charges some commission, which is $6 per trading lot. The maximum leverage remains the same as the Standard account.

Institutional Account: It is for institutional traders who have a large investment and to make a huge return on investment. The institutional account gives the maximum benefits to its users. For example, you will have 0.0 spreads, 0.01 lot size, 1:500 leverage, $3 commission per lot, and more. Nevertheless, the minimum deposit is higher at $20,000.

With the institutional account, you can set up a custom EQUINIX server, while Standard and Prime accounts use the NY4 server.

Compare Forex Brokers: Markets and Instruments

Markets and Instruments

blackbull open an account

Other Features

BlackBull Markets also offers some additional features that help any trader to increase their profit or learning opportunities. They offer virtual private servers along with other tools such as API trading, Autochartist, ZuluTrade, and more. Also, you will get access to Educational Hub, which will give you every single detail about forex, shares, and cryptocurrencies.

Compare Forex Brokers:

maximum leverage offered

Eightcap: Offers 800 Instruments with Various Spreads

EightcapFrom the beginning of 2009, Eightcap wanted to offer really good services to people who wanted to trade forex. They've grown a lot since then and now let you trade more than 800 different assets, like forex and company shares. They've won a bunch of awards, including one for being the best at helping people trade in Australia in 2022. This shows they're serious about giving traders the tools and help they need to do well. They're also known for being really good at coming up with new ideas and getting awards for having the best way for people to earn money with them and for being the best at trading cryptocurrencies.

They're not just regulated by one regulatory body – they follow the rules set by four different authorities: ASIC, FCA, CySEC, and SCB. This shows that Eightcap is really dedicated to doing their business in an open and responsible way all over the world.

Types of Account in Eightcap

Eightcap provides two main types of accounts: the Raw Account and the Standard Account. The Raw Account is designed for experienced forex CFD traders and allows you to start trading with a minimum deposit of $100. This account type is suitable for those who want to trade with very tight price differences, starting from 0.0 pips. It's also compatible with Expert Advisors (EAs) for automated trading.

On the other hand, the Standard Account lets you trade without any additional fees and requires the same minimum deposit of $100. The price differences here start from 1.0 pips, which is still quite competitive. You can also make smaller trades with this account, starting from 0.01 (depending on the asset), and it supports automated trading with EAs.

Both account types have the same reasonable minimum deposit of $100, making them accessible to most traders. The main difference between them is in the fee structure. The Standard Account doesn't have any extra charges, while the Raw Account adds a fee of A$3.50 for each standard lot traded. This fee is offset by the advantage of smaller price differences in the Raw Account.

Eightcap Deposit and Withdrawals

Eightcap offers a variety of deposit and withdrawal methods, making it convenient for traders to fund their accounts. Available options include credit/debit cards, cryptocurrencies, China UnionPay, PayRetailers, bank wire, Worldpay, Fasapay, Neteller, PayPal, BPAY, Skrill, and POLi.

The good thing is that Eightcap does not charge additional fees for deposits or withdrawals. However, it's important to consider potential fees from the chosen payment method or currency conversion fees if applicable.

Withdrawals typically take 1-2 business days for processing. Instant withdrawals might occur automatically within seconds.

Eightcap

Trading Platforms

Eightcap offers a range of trading platforms tailored to suit different trading preferences. One of these platforms is MetaTrader 4 (MT4), which is well-suited for trading forex, indices, and commodities. It comes with a user-friendly interface with customizable charts and a collection of 30 pre-built indicators, making it adaptable to various trading strategies. MT4 supports trading robots known as EAs and offers various order types for precise trading execution. With real-time price tracking and one-click trading functionality, traders can make swift decisions. Additionally, MT4 provides historical data for in-depth analysis of trading patterns and trends.

Another platform option offered by Eightcap is MetaTrader 5 (MT5), which builds upon the features of MT4 and expands into additional asset classes such as shares, cryptocurrencies, and commodities. MT5 offers a broader selection of 38 technical indicators, extensive drawing tools, and the capability to set up trading robots for automated trading strategies. It also includes a comprehensive economic calendar and real-time market depth, helping traders stay informed about market events and liquidity. MT5 allows for both netting and hedging trading strategies and even offers a community chat feature for traders to connect and share insights.

Eightcap, with over a decade of experience, is a well-established broker in the world of CFDs and forex trading. Their commitment to offering competitive pricing, excellent customer support, and a wide range of trading assets sets them apart. The provision of free demo accounts on MT5 caters to both novice and experienced traders, allowing them to begin trading with confidence. Whether you're a seasoned trader or just starting, Eightcap provides a robust platform for success in the forex market.

Risk Management

rsk management

 

 

FP Markets: Has the Largest Range of Trading Instruments (13,000+)

FP MarketsFP Markets is one of the largest brokers in the world. The broker is based in Australia and allows international clients to participate in the forex market. Among what they offer, you will find both ECN Pricing and Direct Market Access with CFDs. With such a selection, it is easy for FP Markets to give you an efficient way of trading with almost instant execution and incredibly thin margins which makes FP Markets one of the best forex brokers on our forex platform comparison.

Are FP Markets Safe? Do they Deserve Your Trust?

In our broker spread comparison we are going to find out about FP Markets lowest offer spread accounts and weather FP Markets is trusted or not. FP Markets is the best overall when it comes to the range of variety in services and markets offered.

  • High leverage of up to 500:1
  • Near-instant execution
  • Hosts popular forex platforms
  • Free demo account available
  • A variety of CFD instruments
  • Low deposit minimum
  • Withdrawals and deposits are easy
  • Reliable and multi-lingual customer service
  • Islamic Account: Yes
  • No Inactivity Fess: Yes
  • Guaranteed Stop Loss Order: Yes - Only by CySEC

That is most of what FP markets is all about in summary. To get a clearer picture, we have to look at some of the things that make FP markets a best forex broker on our compare forex brokers list.

Compare Forex Brokers: Spreads

compare forex brokers: spreads

fp markets crowned as best fx broker australia 2021

What Makes FP Markets One of The Best?

On our FP Markets forex broker compare, we will provide you of the reason what’s makes FP Markets one of the best forex brokers on our forex platform comparison.

The Range of Markets Offered

In this section, we are going to look at the Australian broker’s offer in both CFDs and Forex trading. Our forex broker comparison found that the broker offers access to over 13,000 trading instruments. Some of the products and markets FP Markets offers to include:

  • Shares CFD

Also known as Equities, FP Markets allows the trading of shares using MT4/MT5 and IRESS. If you use MT4 and MT5, you can have your pick from 20 stocks. The shares you get use ECN pricing. The fees are incorporated into the spread, eliminating commissions.

IRESS is not like MetaTrader because they offer thousands of different stocks for trade through DMA (Direct Market Access) execution. The commission costs are usually at 0.08% per side.

FP Markets Open an Account

  • Forex Trading

There are over 70+ Forex pairs included, with the most popular options like EUR/USD, AUD/USD, and GBP/USD including all cross pairs can be traded using FP Markets platforms.

  • International Futures CFDs

With FP Markets, you will have access to the most popular international exchanges. The exchanges you will access include; CFE, CME, CBT, and NYM. When you are trading these and other CFDs, you will have three account types to choose from. The best one is premier but they all have requirements we will list here:

STANDARD

  • Minimum opening balance- $1,000
  • Brokerage rate- $10 min, then 0.1%
  • Financing- FP Markets Base rate +4.0%

PLATINUM

  • Minimum opening balance- $25,000
  • Brokerage rate- $9 min, then 0.09%
  • Financing- FP Markets Base rate +3.5%

PREMIER

  • Minimum opening balance- $50,000
  • Brokerage rate- No min, then 0.08%
  • Financing- FP Markets Base rate + 3.0%

As usual, be careful when dealing with CFDs.

  • Index CFDs

In our compare forex brokers we found that with FP Markets index options you will get some of the best forex brokers regulated by ASIC. Markets you can trade here include the FTSE 100, Dow Jones, NASAQ and the Sydney Futures Exchange, and cryptocurrency like Bitcoin (BTC).

As a trader, you will have the chance to use the Index CFDs and open positions on the entire market instead of focusing on individual stocks. On our compare forex brokers those traders who focus on trading, CFDs, Index and cryptocurrency, FP Markets offers a wide range of markets and services, making it the industry leader among many of the top forex brokers.

FP Markets Open an Account

Compare Forex Brokers: Trading Platforms + Tools

trading platforms + tools

OctaFX: 40+ Million Trading Accounts in 180 Countries

Octa: High Leverage Broker with Wide Range of Instruments

octa Getting start on the journey of Forex trading requires a reliable partner, and Octa emerges as a beacon for traders seeking a trustworthy and feature-rich platform. In this exploration of Octa offerings, we delve into the platform's commitment to empowering traders, its array of trading tools, and the advantages it presents in navigating the intricate world of Forex trading.

Empowering Traders with Educational Resources

Octa stands out not only for its trading platform but also for its dedication to empowering traders through education. The platform offers a wealth of educational resources that benefit both beginners and experienced traders. Through video tutorials, webinars, articles, and interactive tools, a comprehensive learning environment is created. This enables traders to improve their skills and stay well-informed about market trends. By providing accessible and comprehensive learning materials, Octa goes beyond being a trading platform, transforming into a hub for skill development and continuous improvement.

Seamless Integration of Copy Trading

Recognizing the diverse needs and preferences of traders, Octa integrates copy trading features into its platform. Copy trading, also referred to as social trading, permits users to duplicate the trades executed by experienced and successful traders. This innovative feature is particularly beneficial for those who may be new to trading or prefer a hands-off approach.

The seamless integration of copy trading on the Octa platform opens avenues for collaboration and knowledge-sharing within the trading community. Beginner traders can gain insights from the strategies of seasoned investors, and experienced traders have the opportunity to showcase their skills. They can potentially earn additional income by allowing others to replicate their trades.

Inclusive Trading Experience with Cryptocurrencies

As the financial landscape evolves, Octa stays ahead of the curve by embracing the inclusion of cryptocurrencies in its tradable assets. Traders can engage in the dynamic world of digital assets alongside traditional instruments, fostering a comprehensive and inclusive trading experience.

Octa users can diversify their portfolios and take advantage of the growth potential in the cryptocurrency market by accessing popular cryptocurrencies like Bitcoin and Ethereum. This adaptability to emerging trends demonstrates Octa commitment to providing a forward-looking and versatile trading platform.

Compare Forex Brokers: Platform

compare forex brokers: platform

Risk Management Tools for Informed Decision-Making

Octa places a strong emphasis on empowering traders to make informed decisions by incorporating robust risk management tools into its platform. Traders have the ability to set stop-loss and take-profit levels, manage exposure, and implement various risk mitigation strategies.

The integration of risk management tools aligns with Octa commitment to prioritizing the long-term success and well-being of its users. The platform equips traders with effective tools to control and monitor risk, empowering them to navigate the complexities of the forex market with confidence.

In conclusion, Octa distinguishes itself as a platform that not only facilitates Forex trading but also empowers and educates its user base. From comprehensive educational resources and innovative features like copy trading to embracing the cryptocurrency market and prioritizing risk management, Octa creates an environment where traders can navigate the world of Forex with confidence and informed decision-making.

Best Online CFD Forex Brokers Platform Comparison 2024
Find the best CFD Forex Broker & Start trading Now!

RANK VISIT
BROKER
REGULATION

We only list licensed brokers that comply with the requirements of prominent regulatory agencies.

MIN
DEPOSIT

The minimum amount you need to deposit in order to start trading.

DEPOSIT
BONUS
RATING MAX
LEVERAGE

Leverage refers to the ratio of securities you can buy for a given payment. The higher the leverage ratio, the higher your buying power (and the higher the risk). For example, a leverage ratio of 500:1 means you can purchase 500 securities, but only pay the equivalent of 1 security valuation. The leverage ratio offered can vary depending on the experience level of the trader.

PAYMENT
SYSTEM
SUPPORT START
TRADING
1
ASIC, CySEC, FSP
$100
No Bonus
1:500

Telephone: +44 28 2544 7780

image
Pros
  • Excellent education tools
  • Low forex fees
  • Fast account opening
  • Easy funding methods
Cons
  • No bonuses
Platforms & Devices
2
FSA
$0
No Bonus
1:500

Telephone:

image
Pros
  • 9 base currencies
  • 24/7 technical service
  • Direct market access
  • VPS, FIX API, copy trading
  • Superior trading conditions
Cons
  • No negative balance protection
  • Withdrawal fees
Platforms & Devices
3
ASIC, FCA, CySEC, SCB
$100
No Bonus
1:500

Telephone:

image
Pros
  • Fully digital account opening
  • Low forex fees
  • Research tools
  • Free Education Resources
Cons
  • No bonuses
Platforms & Devices
4
CySEC, FSCA
$25
No Bonus
1:500

Telephone:

image
Pros
  • All base currencies
  • 24/5 technical service
  • Direct market access
  • Superior trading conditions
Cons
  • No negative balance protection
Platforms & Devices
5
AFSL
$100
No Bonus
1:500

Telephone:

image
Pros
  • All base currencies
  • 24/7 technical service
  • Direct market access
  • Superior trading conditions
Cons
  • No negative balance protection
Platforms & Devices
6
FSCA, FSA, VFSC, CySEC
$5
No Bonus
1:1000

Telephone:

image
Pros
  • Fully digital account opening
  • Low forex fees
  • Research tools
  • Free Education Resources
Cons
  • No bonuses
Platforms & Devices
7
CySEC, FCA, FSC Mauritius, CMA
$100
No Bonus
1:2000

Telephone:

image
Pros
  • Fast and digital account opening
  • Superb customer service
  • Great educational tools
Cons
  • High CFD fees
  • Charge inactivity fees
Platforms & Devices

How We Compiled the Forex Platform Comparison 2024

To create this table took several months, several experts, and a mountain of data. By comparing the online brokers regulated by ASIC, FCA, CySEC, and other regulatory bodies. We created a list by looking at all the suitable broker that we could find with credible credentials and good records.

With compare forex brokers, we were able to tell what each one of them had to offer. We could also know what the edge was, for all of them. We looked at the fees like rollover rates, CFDs fees, and other essential things, including commissions.

Our mission here was to make a compare forex brokers that are suitable for all kinds of traders (beginners, intermediate and experts alike).

We focused on the following main points to make sure that the forex broker compare was as fair and accurate it could be:

  1. Regulation
  2. Instruments available
  3. Trading platforms
  4. Leverage
  5. Tools that enhance the trading experience

We eliminated the ones that had glaring problems like not being regulated by ASIC. After that, it was easy to know what to focus on and what to leave out. In the mid-level range of brokers, these are the ones that stand out in almost all the essential aspects.

To get an accurate picture of the customer support, we not only looked at the review of traders who use the platforms, but we also looked at data provided by the following regulatory bodies just to be sure:

  • Australian Securities And Investment Commission (Australia)
  • Conduct Authority (UK)
  • Sector Conduct Authority (South Africa)
  • CySEC (Cyprus)

All the information provided here is accurate at the time of compiling this forex platform comparison table and review.

Top Rated Premium Forex Signals Services

Top Rated Premium Forex Signals Services

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