Our Top Brokers

Since the global foreign exchange market is the largest in the world and most actively traded, there are different ways to rate each brokerage.

One type may be the best forex broker for beginners while others are better for advanced users. The most important factors include fees for spreads and commissions, trading platform software, charting tools, customer support, education, currency research, and reliability.

 

Broker
Rating
Regulated
Bonus
Min. Deposit
Avg. Returns
1.
CMTrading

FSA, FSCA

up to 100%  

$100

1:500

Review Trade Now Trade Now
2.
FXTM

FSA, FSCA

up to 100%  

10

1:1000  

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3.
Axi

ASIC, FCA, DFSA, FMA

up to 100%

10

1:500

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4.
Exness

CRFIN, CySEC, IFSA, IBC

Golden Ratio Bonus Program

10

1:2000

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5.
Pepperstone

Regulated – – CySec, FCA, CMA, DFSA, BaFIN, ASIC, SCB

NO Deposit bonus

10

1:500

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6.
AVAtrade

ASIC, FSA, FFA, FSB

up to 100% no Deposit Bonus

100

1:400

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7.
Exinity

FSC, FSRA

up to 100%  

20

1:2000

Review Trade Now Trade Now

 

How to choose a Forex broker

When choosing a broker, you need to follow a simple plan

First off, make a list of forex brokers of interest. Once done, compare forex brokers by a number of criteria.

Second, choose a few brokers that attract you most and open demo accounts with them to give a try.

Along with trading, it is no less important to check brokers’ customer support services to realize whether this assistance is good enough to meet your daily needs and whether the support is able to reply to your queries quickly and professionally.

When rough shaping is done, finalize your choice of a broker. Weigh all pros and contras once again.

After a well-balanced solution is formed, it is the right time to start trading for real: now you have all the necessary expertise to register a real account with the forex broker.

Actually, the main challenge when choosing a forex broker is to specify which trading parameters are essential for you. Each company offering brokerage services has both strong and backward points, and you are the one to decide which of them are critically important, and which can be neglected.

There is a method that might be very efficient in helping you to make the right decision. Consider the issues below before you decide in favor of a forex brokerage. Perhaps forex ratings reviews and comments will be crucial in forming your opinion.