Skip to content

TOP FOREX BROKERS REVIEW

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

Best Forex Broker Comparison 2023

Find the best forex broker comparison in 2023. With our deep research, we found the best forex broker like FP Markets, FxPro, IC Markets, FBS, XM and BlackBull Markets on our forex broker comparison list based on lowest spreads, no deposit and withdrawal fees, trading platforms, fast execution, and high-quality customer support. Start your trading now with the best forex broker.

FP MarketsFxProIC MarketsFBSXMBlackBull Markets

Best ECN Forex Brokers - Best Forex Brokers in the World 2023
Find the best ECN Forex Broker & Start trading instantly!

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
FCA, CySEC, FSCA, SCB
$100
No Bonus
1:100

Telephone: +44 (0) 203 151 5550

image
Pros
  • Excellent customer service
  • Free deposit and withdrawal
  • Negative balance protection
  • Wide range of platform
Cons
  • Inactivity fee
  • High Trading Fees for some CFDs
Platforms & Devices
3
ASIC, CySEC, FSA, SCB
$200
No Bonus
1:500

Telephone: +248 467 19 76

image
Pros
  • Low forex fees
  • Fast order execution
  • Analytical training materials
  • 90+ instruments
Cons
  • Slow live chat support
  • Non-EU traders don’t get investor protection
Platforms & Devices
4
ASIC, CySEC
$1
100%
1:3000

Telephone: +35 7251 23212

image
Pros
  • No withdrawal fee
  • Low stock and stock index CFD fees
  • Negative balance protection
  • No inactivity fee
Cons
  • Average forex CFD fees
  • No PAMM accounts
Platforms & Devices
5
ASIC, CySEC, FSC
$5
Up to $5000
1:1000

Telephone: +501 223-6696

image
Pros
  • Low withdrawal fees
  • Great educational tools
  • Wide range of leverage
  • Multilingual customer support
Cons
  • Non-EU traders don’t get investor protection
  • Lack of weekend customer support
Platforms & Devices
6
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
7
FCA, DFSA, FSCA, FSA, CMA
$5
100%
1:1000

Telephone: +44-2030978571

image
Pros
  • Low spread
  • Controlled by several regulators
  • Numerous deposit and withdrawal
  • Favorable trading conditions
Cons
  • Few account currencies
  • Only USD or EUR as base currencies
Platforms & Devices
8
ASIC, FCA
$0
No Bonus
1:500

Telephone: +61 2 9965 5830

image
Pros
  • Automatic insurance coverage
  • Low entry threshold
  • Fully digital account opening
  • Low forex fees
Cons
  • Limited research tools
  • Only forex and CFD trading
Platforms & Devices
9
CFTC, FCA, ASIC, FSA, MFSA
$0
up to $1000
1:50

Telephone: 1 212 858 7690

image
Pros
  • Outstanding research tools
  • Excellent trading platforms
  • Accepts U.S. clients
  • Superior research offerings
Cons
  • No account protection for U.S. clients
  • Monthly inactivity fee
Platforms & Devices
10
FCA, ASIC, DFSA
$200
No Bonus
1:30

Telephone: +1786 628 1209

image
Pros
  • Digital account opening process
  • Seamless deposit and withdrawal
  • Attractive trading conditions
  • No inactivity fee
Cons
  • No cent account
  • Few analytical materials
Platforms & Devices

Forex Broker Comparison Regulations and Licenses

Forex Broker Comparison Regulations and Licenses

 

Forex Broker Comparison Brokerage

Forex Broker Comparison Brokerage

 

FP Markets Open an Account

FP Markets

FP Markets: They Have Over 13,000+ Trading Instruments

Welcome to our FP Markets review on our best forex broker comparison 2023, where we talk about one of the biggest brokers in the world. Based in Australia and allowing international clients to participate, the broker uses ECN pricing and Direct Market Access to CFDs. This results an attraction to the traders and makes FP Markets on the top of our forex broker comparison list.

With their selection, it is easy to see why people would prefer to use FP Markets real accounts and their efficient methods of trading and blazing fast execution speeds.

FP Markets is the best platform for forex trading when it comes to the variety of what they offer:

  • High leverage of up to 500:1
  • Near-instant execution
  • Hosts popular forex platforms
  • Free demo account available
  • A variety of CFD instruments

FP Markets Open an Account

The Range of Markets Offered

FP Markets offers access to over 13,000 trading instruments which make FP Markets one of the best forex brokers that you can find on our forex broker comparison. Some of the products and markets FP Markets offers that include:

  • CFD in Stock

FP Markets allows the trading of shares using metaTrader 4, metaTrader 5 and IRESS. When using MT4, you will have access to 20 stocks. You will also get ECN prices on these. The fees are in the spreads and eliminate commissions.

IRESS offers more stocks, numbering in the thousands for trading using Direct Market Access and fast executions, with commissions at 0.08% per side.

  • Forex Trading and International Futures CFDs

The broker has over 70+ currency pairs that include all major pairs like EUR/USD, AUD/USD, and GBP/USD with a starting of 0.0 pips that is why FP Markets on our best forex broker comparison list. All these can be traded using FP Markets’ MT4 and MT5 or any platform available.

Our best forex broker comparison where we compared FP Markets with other 5 popular brokers in the market. With the FP Markets you will access CFE, CME, CBT, and NYM. When you are trading these and other CFDs, you will have three account types to choose from.

The details for the accounts are:

STANDARD

You will need a minimum opening balance of $1,000. The Brokerage rate is $10 min, then 0.1%, and Financing at FP Markets Base rate of +4.0%.

PLATINUM

This account type requires a minimum opening balance- $25,000, and the brokerage rate is $9 min, then 0.09%. Financing for FP Markets Base rate is at +3.5%. This account is voted as one of the best trading account on our forex broker comparison.

PREMIER

Considered the best option in most of our forex broker reviews, it has a minimum opening balance of $50,000 and a brokerage rate of No minutes, then 0.08% and a Financing FP Markets Base rate of + 3.0%. As usual, be careful when dealing with CFDs because of how volatile things can get. This account is considered as top in our forex broker comparison.

FP Markets Open an Account

  • Index CFDs

The index options you will get here are some of the best brokers compared in our forex brokers comparison list regulated by ASIC. Markets you can trade here include the FTSE 100, Dow Jones, NASDAQ, and the Sydney Futures Exchange.

When you are a trader who wants to use the Index CFDs and open positions on the whole market instead of an individual stock, FP Markets is one of your best forex brokers to consider. In our forex broker comparison with most forex brokers who focus on just trading, FP Markets’ range of markets and services make it one of the leaders among the many top forex brokers we have in the market today.

fp markets crowned as best fx broker australia 2021

Maximum Leverage Offered

FP Markets Open an AccountMaximum Leverage Offered

 

FxPro

FxPro: Best For Brokers Who Want Many Choices in Trading CFD and Forex Markets

When it comes to reputation and trustworthiness, FxPro scores quite high in the UK. The company was founded in 2006 in the U.K. and has executed more than 250,000,000 orders. In 2017, they were voted the most trusted forex brand in the U.K. and in our forex broker comparison list.

At the moment, they operate in 173 countries and have more than 870,000 client accounts and €100 million of Tier 1 capital.

fxpro

Some of their unique features include an algorithmic trading center that works well with cTrader. With this, you can create your trading strategies and custom indicators. They also have a virtual private server (VPS), that allows the clients to upload and run MT4 Expert Advisors and algorithm robots 24/7 without having to keep the trading terminal active.

As for the choices you get when you use their services, you will find that they offer;

  • Over 70 currency pairs
  • More than 150 unique equity shares
  • Futures (an unusual move for a forex broker company)
  • Stock indices
  • Commodities

Trading Platforms + Tools

Trading Platforms + Tools

 

fxpro

They will give you all this and also offer you both CFD and spread. With the spread, you can get tax advantages as a U.K. citizen. In our IC Markets review, we found their spreads to be comparable to ECN.

Not only do they have all these great options, but their customer service is also excellent. The support is multilingual, available 24/5. The live phone support system works well with a toll-free number in the U.K., France, UAE, Germany, and Russia.

Because of the range of forex pairs and the opportunity to trade equity indices, commodities, and futures, FxPro is head and shoulders above IC Markets, in this respect.

best forex broker comparison, forex broker comparison list - FXPro Join Now

Spreads

Spreads

 

IC Markets

IC Markets: True ECN Broker| The Lowest EUR/USD Spreads

IC Markets Brokers have a raw Spread account that is known as the True ECN Broker. The costs are meager. The EUR/USD spreads start from 0.0 pips. With $3.50 commission per lot and no deposit/withdrawal/inactivity fees, this account is one of the most popular account on our forex broker comparison offered by brokers in the forex market.

IC Markets webtrader allows you to trade without downloading the app, on a browser. You can start with the IC Markets demo account to test things out. However, when you look at the rates for IC Markets, you find that they are higher than most of the competitors.

IC Markets Open an Account

You will get several cost benefits when you trade with IC Markets MT4. They include:

  • Low commissions
  • Very minimal additional trading costs
  • ECN broker spreads

ECN Pricing - IC Markets

A quick look at the three forex accounts offered by IC Markets with cTrader and true ECN (known as Raw Spread), you find that they have the lowest spreads. About 62% of the time, IC Markets reviews had 0.0 pips on the EUR/USD raw spread trading account.

With the IC Markets spreads like this, we consider this an ECN account with STP. A look at ECN brokers tells you that they connect you as the client directly to the liquidity pools where you automatically can find the best spreads possible that are not manipulated by the middle men.

ICMarkets MT4 can be used to access the liquidity pools and be able to deal directly with the people who provide liquidity. ICMarkets does not have a dealing desk in this respect and that means they do not requote prices to you.

You will have the opportunity to buy or sell at the exact prices that the liquidity providers give.

IC Markets Join Now

An Analysis of Fees

An analysis of other fees for the CFD broker reveals the following things about IC Markets on our forex broker comparison;

1.Deposit Fees

With ICMarkets, you will not have to pay additional charges to make deposits. You can pay using the following methods:

  • Skrill
  • Bpay
  • FasaPay
  • PayPal
  • Skrill
  • Wire transfer

International transfers have a fee of AUD 20, charged and not IC Markets. Depending on the method you use, the deposit may take time to reflect or be instant. The ic markets minimum deposit amount is $200.

  1. Withdrawal Fees

Just like deposits, there are no withdrawal fees except for international transfer that will charge AUD 20.

  1. Inactivity Fees

IC Markets does not have a penalty for inactivity when an account is not used for a continuous period.

  1. Rollover Fees

These fees are standard and are charged by all CFD brokers. They apply when a position is kept open for the next trading day. The costs change regularly. On Wednesday nights, the charge to hold a pair triples.

IC Markets MAM

Aside from great features like ICMarkets MT4, there are many other things this company offers the users. You will be able to get access to something that they call MAM (Multi Account Manager.) As a trader, you will be able to get all the flexible allocation methods and real-time reports of the performance and commissions you may have to pay.

The interface provided by IC Markets here is amazing. You will be able to connect directly with the ICMarkets MT4 server. With this kind of access, you will be able to access the Expert Advisors and increase the functionality of ICMarkets MT4.

IC Markets Open an Account

IC Markets’ cTrader

Using this cTrader, you will be able to access 60 pairs, including gold and silver. As an active trader using IC Markets’ cTrader, you will be able to utilize the prices that comes from all over the world. cTrader is on the unique account type offered by IC Markets compare with others brokers in our forex broker comparison list.

Day traders and scalpers will have a much easier time using the ECN platform provided by IC Markets broker.

Not only will you have access to all these pairs, you can also trade in commodities that include Brent crude and WTI oil CFDs and even natural gas. The world truly opens up when you decide to go with IC Markets as your primary broker.

With just a minimum deposit of $200, you can open ICMarkets MT4 and true ECN accounts. With cTrader, you will be required to have a minimum of $200.

fbs broker

FBS: A Crypto Broker with High Leverage

Founded in 2009, FBS has grown as a brokerage business gradually. Today, FBS has its footstep in more than 150 countries, and it has 2.3 million customers around the world.

Over the years, FBS became a world leader in forex trading. By 2014 it had earned the distinction of being the best FX broker in Asia. It also has a regulatory license from CySEC.

FBS offers customers varied trading alternatives, including forex, metals, indices, energies, forex exotic, stocks, and crypto. While trading the forex and CFD assets, you can likewise trade crypto coins, coin-fiat, coin-coin, and coin-metals.

Account Types in FBS

With FBS, traders have a wide range of trade account options. Whether you are an experienced trader or a hobbyist, depending on your trading style, you can choose between six individual account types. The account options you can choose include cent, micro, standard, zero spread, ECN, and crypto.

FBS Open An Account

Platform

Platform

Cent Account: It comes with 1:1000 leverage which is usually intended for novices, and newcomers can begin trading with as low as $1 while the commission is only $0.00.

Micro Account: The micro account is intended for investors who have some extra cash to invest. Using the micro account, investors can start investing as little as $5, and they also offer no commission services for this account. Other features include fixed spreads of 3 pips, 0.3 seconds execution speed, and up to 1:3000 leverage.

Standard Account: The FBS standard account comes with a 0 commission too, but the minimum deposit is $100, which is higher than two other accounts. You will have to pay at least $100 to start with the standard account. It offers a floating spread of .5 pips as well as 1:3000 leverage.

Zero Account: If you fear spreads, you might desire to start with an account with no spread, which is a Zero account. But the minimum opening deposit is likewise greater, and you will need to deposit $500. However, you will need to pay a commission of $20 per lot. Don’t worry about the commission, as you are entitled to get other benefits such as 0.01 to 500 lots order volume while leverage stays at 1:3000.

ECN Accounts: FBS offers electronic communication network (ECN) accounts which begin with $1,000 and a commission of $6. Leverage is 1: 500, while the floating spread begins at -1. The good thing is there is no trading limit with an FBS ECN account, while the order size is 0.01 to 500 lots.

Crypto Account: If you don’t want to open a new account with other companies in order to trade crypto, the FBS broker is an excellent alternative. Investing $1 using an FBS crypto account gets you 1:5 leverage, one pip floating spread, and 0.01 to 500 lots of order size.

Deposit and Withdrawals

FBS will let you use various transaction methods for deposits and withdrawals. Nevertheless, the most popular payment methods are bank transfers, credit cards, Neteller, and Skrill. Internet payments are electronic, so you can expect a fast transaction. However, some areas are subject to some restrictions due to their location.

FBS Bonus

Trading Platforms

The FBS system mostly provides services using MetaTrader 4 and MetaTrader 5. In addition, these two are their primary platform, but they also have their own mobile app that can be used for trading purposes. They have an FBS Trader app for Android and iOS phones.

Use the FBS Trader app to get round-the-clock customer service, including MT4 and MT5 access, deposit and withdrawal, market analysis each day, and more.

MetaTrader 4 and 5 allow you to use different indicators and trading tools. You can also trade automatically on those platforms.

You can use both the FBS Trader app and the MetaTrader Trading terminal to trade anywhere. Wherever your adventures lead you, you should have a way to trade forex using these platforms.

FBS Open An Account

Research Tools

Research Tools

Forex & CFD Trading on Stocks, Indices, Oil, Gold by XM

 

XM: Low Trading Fees, Average Non-Trading Fees, Low CFD Fees

If you are looking for a combination of low trading fees and a MetaTrader platform, you will love XM. In our XM review, we look into the way that they provide their service and whether or not the claim of low trading fees and low CFD fees is all they say it is. We put XM on the test on our forex broker comparison.

Of all CFD providers who have a high percentage of clients that lose money when trading CFDs, the number goes above 70%. In our forex broker comparison, we find that at XM, only about 78.28% of the traders who use the broker, lose money. It may seem like one percentage might not make a difference, but you’d be surprised.

When compared to the other brokers our forex broker comparison list, the XM fees ensure that the broker can compete with other brokers on their level. It is also very good for them that they are regulated by more than just one body.

Australian Broker

From your free forex education, you will remember that regulation is an excellent sign.

Some of the regulators of XM include; Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), International Services Commission, and the FCA in the UK. Cleary XM is one of the most trusted and regulated forex brokers on our forex broker comparison list.

The XM Account Types Differences

Depending on the things you want a company you work with to have, there is something for everyone here, and you will only have to look at what they offer and then pick what works for you and scale your way up from there. Our forex reviews will show you the way.

The XM trading fees are more favorable because of the way that the accounts are priced and arranged. XM provides three accounts that include:

  • The Standard account
  • The micro account
  • The XM zero account

The standard and micro-accounts have higher spreads. However, the zero accounts have lower spreads, but with a commission. It is all about which one of these works best for you.

xm forex broker

The Fees Charged at XM

The fees charged by XM are only marginally lower. The forex fees are average when compared to most brokers on our forex broker comparison list. However, margins count for a lot when you are a forex trader.

XM charges real stock fees that are dependent on the conditions of the stock market in real-time. As a trader, you will have to look into that to see if it works for you.

The XM Minimum deposit is one of the lowest in the world at a mere $5. Where most brokers have MetaTrader 4 alone, XM has both MT4 and MT5.

When you use this broker, you will not be charged any deposit or withdrawal fees. The exception is when you want to do international bank transfers for amounts below $200.

Australian Broker

BlackBull Markets

BlackBull Markets - Forex, CFDs & Commodities

Founded in 2014, BlackBull Markets is an Auckland based technology focused true ECN broker. The broker aims to collaborate with the equities retail space to give the best trading experience to the clients. Now they have expanded to more than 180 countries worldwide and continuously improve the client’s trading experience.

Overall, BlackBull Markets offers more than 26,000 tradable instruments to its clients. Therefore, traders can access a wide range of markets with a single account. That being said, they offer three different account types, Standard, Prime, and Institutional.

BlackBull Markets open an account

Markets and Instruments

Markets and Instruments

ECN Standard: It is great for newbies who have just stepped into the forex trading world. With a $0 minimum deposit, the Standard account comes with 0.8 spreads while the minimum trading lot size is 0.01. In addition to that, you will get up to 1:500 leverage. The good thing about this account is that it is a no-commission account, which is the biggest relief for new traders.

ECN Prime: This account is suitable for mid-level traders. You will require a minimum $2000 deposit for a Prime account. However, the spreads start from 0.1 while the minimum lot size of 0.01 remains the same as the Standard account. But you will need to pay a $6 commission per lot. The maximum leverage is 1:500 for a Prime account.

ECN Institutional: You can understand from the name that this account is perfect for instructional traders. That is why it has a very high minimum deposit which is $20,000. However, the great thing is that the spreads start from 0.0 while the minimum lot size is 0.01. Leverage 1:500 remains the same as the other two accounts. You will need to pay a commission for the Institutional account, which is $3 per lot.

While the Standard and Prime account has NY4 EQUINIX server, you can custom this for the Institutional accounts.

 

join today blackbull markets

Risk Management

Risk Management

 

Financial Markets

BlackBull Markets offers forex, index and share CFDs, commodities, precious metals, energy, and shares in their financial market. They offer major and minor trading pairs for their clients. The BlackBull Markets major pairs include EUR/USD, GBP/USD, USD, JPY, USD/CAD, AUD/USD, NZD/USD, and USD/CHF.

BlackBull Markets offers CFDs from major markets such as the US, Australian, Hong Kong, and European shares and global indices. Combining these markets, you can trade more than 2000 popular stocks, which include Tesla, Facebook, Amazon, and more.

The BlackBull Markets commodities include Crude Oil, Gold, and Silver, as Cash Crops such as Soybeans, sugar, and Natural Gas. In addition to that, you can also trade precious metals such as Gold and Silver. In the energy category, the broker offers Crude oil and Natural Gas.

You can trade all these instruments in BlackBull Markets using MetaTrader 4 and MetaTrader 5.

BlackBull Markets open an account

Best ECN Forex Brokers - Best Forex Brokers in the World 2023
Find the best ECN Forex Broker & Start trading instantly!

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
FCA, CySEC, FSCA, SCB
$100
No Bonus
1:100

Telephone: +44 (0) 203 151 5550

image
Pros
  • Excellent customer service
  • Free deposit and withdrawal
  • Negative balance protection
  • Wide range of platform
Cons
  • Inactivity fee
  • High Trading Fees for some CFDs
Platforms & Devices
3
ASIC, CySEC, FSA, SCB
$200
No Bonus
1:500

Telephone: +248 467 19 76

image
Pros
  • Low forex fees
  • Fast order execution
  • Analytical training materials
  • 90+ instruments
Cons
  • Slow live chat support
  • Non-EU traders don’t get investor protection
Platforms & Devices
4
ASIC, CySEC
$1
100%
1:3000

Telephone: +35 7251 23212

image
Pros
  • No withdrawal fee
  • Low stock and stock index CFD fees
  • Negative balance protection
  • No inactivity fee
Cons
  • Average forex CFD fees
  • No PAMM accounts
Platforms & Devices
5
ASIC, CySEC, FSC
$5
Up to $5000
1:1000

Telephone: +501 223-6696

image
Pros
  • Low withdrawal fees
  • Great educational tools
  • Wide range of leverage
  • Multilingual customer support
Cons
  • Non-EU traders don’t get investor protection
  • Lack of weekend customer support
Platforms & Devices
6
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
7
FCA, DFSA, FSCA, FSA, CMA
$5
100%
1:1000

Telephone: +44-2030978571

image
Pros
  • Low spread
  • Controlled by several regulators
  • Numerous deposit and withdrawal
  • Favorable trading conditions
Cons
  • Few account currencies
  • Only USD or EUR as base currencies
Platforms & Devices
8
ASIC, FCA
$0
No Bonus
1:500

Telephone: +61 2 9965 5830

image
Pros
  • Automatic insurance coverage
  • Low entry threshold
  • Fully digital account opening
  • Low forex fees
Cons
  • Limited research tools
  • Only forex and CFD trading
Platforms & Devices
9
CFTC, FCA, ASIC, FSA, MFSA
$0
up to $1000
1:50

Telephone: 1 212 858 7690

image
Pros
  • Outstanding research tools
  • Excellent trading platforms
  • Accepts U.S. clients
  • Superior research offerings
Cons
  • No account protection for U.S. clients
  • Monthly inactivity fee
Platforms & Devices
10
FCA, ASIC, DFSA
$200
No Bonus
1:30

Telephone: +1786 628 1209

image
Pros
  • Digital account opening process
  • Seamless deposit and withdrawal
  • Attractive trading conditions
  • No inactivity fee
Cons
  • No cent account
  • Few analytical materials
Platforms & Devices

How We Made Our Comparisons

We created forex broker comparison list by looking at all the suitable broker that we could find with credible credentials and good records. 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.

With comparisons, 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 forex broker comparison of some of the top brokers who are suitable for all kinds of traders (beginners, intermediate and experts alike).

We focused on the following main points to make sure that the comparison 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

With only a few weeks to look through, we eliminated the ones that had glaring problems like not being regulated by ASIC or other top regulations. 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 (U.K.)
  • Sector Conduct Authority (South Africa)
  • CySEC (Cyprus)

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

Top Rated Premium Forex Signals Services

Top Rated Premium Forex Signals Services

Best Forex VIP Signals Provider
FBS Broker Offer
Scroll To Top