Forex Brokers Ratings

Here you will find my forex brokers ratings that shows all of the forex broker reviews that I have conducted over the years. My forex broker ratings include a link to the brokers official website, a description of the broker, the broker rating and a link to my review page.

A forex broker is a company that will allow you to trade on the forex market using a trading account that they provide. Most forex brokers offer demo and real trading accounts through the most popular and widely used MetaTrader 4 trading platform. This platform is easy to use and a good place to start for a forex trader.

It is a good idea to start on a demo trading account with a forex broker to see how you find their trading conditions and to also practice your trading skills. It is general considered that the lower a forex brokers spread, commission and slippage, the better the trading conditions are. These factors can potentially increase trading performance and lower trading costs. I prefer to use an ECN forex broker for the best possible trading conditions.

There are other factors to consider when choosing a forex broker such as the regulation they have in place to protect your funds if something goes wrong, the deposit/withdrawal methods they offer, the leverage they offer and how good the support team is. Some forex brokers also offer additional trading tools for free to their clients. You can refer to my best forex brokers page for the forex brokers that I have researched and tested.

Whilst there are many forex brokers to choose from, I would always go with a regulated and well known broker that has plenty of liquidity providers (LP’s) for fast trade execution and the best possible pricing.

I am frequently updating my forex broker list. Please contact me if you would like me to include a forex broker not already listed.

# NAME RATING DESCRIPTION Statistics LINK
1

FP Markets

FP Markets Logo
Read review
In this post I will review the well-established and regulated online broker FP Markets. They have a very impressive selection of more than 13,000+ trading instruments which is one of the largest offering of assets I have seen from any broker. Traders from all over the globe can trade Forex pairs, Metals, Commodities, Indices, Equities...
Spreads
100
Liquidity
100
Commissions
100
Support
100
Regulation
100
Visit FP Markets Website
2

Pepperstone

pepperstone-banner
Read review
In this post I will be reviewing the highly recommended Pepperstone forex broker. Pepperstone has been around for many years and has rightly earned itself a fantastic reputation amongst the forex trading community as one of the best forex brokers, if not the best. Pepperstone is a name that I have often seen popping up...
Spreads
99
Liquidity
99
Commissions
99
Support
99
Regulation
99
visit Pepperstone Website
3

AvaTrade

AVA Trade Review
Read review
In this post I will review the very popular AvaTrade forex broker. AvaTrade have some of the most competitive low spreads I have seen and lightening fast execution speeds in comparison to many forex brokers. These factors amongst many others make AvaTrade one of the best forex brokers in my humble opinion. The AvaTrade support...
Spreads
98
Liquidity
98
Commissions
98
Support
98
Regulation
98
Visit AvaTrade Website
4

XM Group

XM-Group-Review
Read review
In this post I will be reviewing the very reputable XM Group forex broker. XM Group provides forex traders with demo and real accounts to directly trade the forex market. Using the XM Group trading platforms provided, including the highly recommended MetaTrader 4 & MetaTrader 5 trading platforms, XM Group clients can place and manage trades...
Spreads
97
Liquidity
97
Commissions
97
Support
97
Regulation
97
Visit XM Group Website
5

IC Markets

IC Markets Review
Read review
In this post I will be reviewing the large and very popular IC Markets forex broker. IC Markets is a forex broker that allows you to open a forex trading account and trade the forex market through one of the trading platforms they provide – MetaTrader 4 (mt4) being the most widely used trading platform....
Spreads
96
Liquidity
96
Commissions
96
Support
96
Regulation
96
visit IC Markets Website
6

FX Primus

FX Primus Review
Read review
In this post I will review the established forex broker FX Primus. FX Primus prides itself on being the self-proclaimed “safest place to trade”. FX Primus spreads start from as low as 0.1 pips with 0% fees on traders’ deposits and withdrawals. They use third party monitoring for safety of client fund by partnering with...
Spreads
93
Liquidity
93
Commissions
93
Support
93
Regulation
93
Visit FX Primus Website
7

eToro

eToro Logo
Read review
eToro is a popular social trading platform that also offers brokerage services. The platform has a vast collection of analytical tools that traders can use to determine the right trader to copy. The platform has millions of traders from over 140 countries. With eToro, investors can invest in forex, stocks, indices, bonds, ETFs, cryptocurrency, metals,...
Spreads
85
Liquidity
90
Commissions
85
Support
90
Regulation
90
Visit eToro Website
8

FXTM

FXTM Logo
Read review
Launched in 2011, Forex Time (FXTM) is an online broker that is regulated by top financial authorities around the world. They offer over forex and CFD trading in 250 tradable instruments, spread across currency pairs, cryptocurrency, stocks, indices, metals, energies, and other commodities, with tight spreads, good execution speeds, and negative balance protection. The broker...
Spreads
85
Liquidity
85
Commissions
90
Support
80
Regulation
90
Visit FXTM Website
9

Forex.com

Forex.com Logo
Read review
Forex.com has been around since 2001, and it is a leading brand in the retail forex industry. The broker offers trading services in over 300 instruments, across forex, stocks, commodities, indices, and cryptocurrency, providing exceptional trading conditions, such as fast execution speeds, minimal slippage, and competitive trading fees. They provide their in-house trading platform, with...
Spreads
80
Liquidity
90
Commissions
80
Support
75
Regulation
100
Visit Forex.com Website
10

FXOpen

FXOpen
Read review
FXOpen is a well-established forex broker that has been offering online trading to over 1 million clients across the globe all the way back to 2005. They are an ECN broker that has tight spreads, reliable execution speeds and competitive commissions. FXOpen can cater to both retail and institutional traders with services including retail trading...
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
100
Visit FXOpen Website
11

HYCM

HYCM
Read review
Since 1977, HYCM has been providing trading services to its clients across the globe, offering a range of instruments from different asset classes, including Forex, Stocks, Cryptocurrency, Indices, Metals, Energies, and other commodities. In all, there are over 300 instruments available on this broker’s platform, and they are regulated in multiple jurisdictions. With over 40...
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
100
Visit HYCM Website
12

AxiTrader

AxiTrader Logo
Read review
Established in 2007 in Australia, AxiTrader has grown to become one of the leading names in the online trading industry. The broker provides trading services in forex, stocks, indices, metals, energies, bonds, and ETFs, offering tight spreads, low commissions, good execution speed with minimal slippage, and multi-lingual global 24-hour customer support services. They provide advanced...
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
90
Visit AxiTrader Website
13

Darwinex

Darwinex
Read review
Darwinex is a regulated, London-based online brokerage firm founded in 2012. They offer trading in over 300 instruments across several asset classes, such as forex, cryptocurrency, stocks, indices, metals, energies, and other commodities. Providing direct market access (DMA), the broker offers excellent trade execution speed, competitive spreads that start from 0 pips, and low commission...
Spreads
80
Liquidity
80
Commissions
75
Support
75
Regulation
90
Visit Darwinex Website
14

FXChoice

FXChoice Logo
Read review
FXChoice is a Belize-regulated online forex broker that accepts clients from all over the world, including the United States and Canada. They are an ECN broker, which provides direct access to the liquidity providers, offering competitive trading fees, fast execution speed, and easy account management features. The broker offers forex and CFD trading in a...
Spreads
75
Liquidity
75
Commissions
75
Support
90
Regulation
70
Visit FXChoice Website
15

Oanda

Oanda Logo
Read review
Founded in 1996, Oanda is a well-known online retail broker that is regulated in multiple jurisdictions, including the US, UK, Canada, Japan, Singapore, and Australia. The broker provides forex and CFD trading in up to 10,000 instruments, across all major financial asset classes. Oanda has won several awards over the years, including the Best Retail...
Spreads
65
Liquidity
75
Commissions
70
Support
65
Regulation
95
Visit Oanda Website
16

BDSwiss

BDSwiss Logo
Read review
BDSwiss is a multi-regulated online trading broker that offers forex and CFD trading in more than 250 tradable instruments across different asset classes, such as currency pairs, cryptocurrency, stocks, indices, metals, energies, and other commodities. Their clients enjoy unique trading platforms, additional trading tools, excellent customer support, a library of educational resources, and quality trading...
Spreads
70
Liquidity
70
Commissions
70
Support
80
Regulation
70
Visit BDSwiss Website
17

Degiro

Degiro Logo
Read review
Degiro is a multi-regulated online broker founded in 2013 in the Netherlands. They provide trading services in a wide range of products that trade on over 50 exchanges across 30 different countries, offering very competitive fees and cost-effective ways of investing. The broker caters to more than 400,000 private investors from over 18 countries, enabling...
Spreads
70
Liquidity
70
Commissions
70
Support
70
Regulation
80
Visit Degiro Website
18

E*Trade

E-TRADE Logo
Read review
E*TRADE is a leading online U.S. broker that offers a wide selection of investment products, competitive fees, intuitive platforms, and advanced trading tools. Their investment products include stocks, bonds, ETFs, mutual funds, futures, options, and certificate of deposits (CDs), and you can trade self-directed or invest in automated portfolio management options. The broker was founded...
Spreads
65
Liquidity
65
Commissions
70
Support
80
Regulation
80
Visit E*Trade Website
19

CMC Markets

CMC Markets Logo
Read review
Established in 1989 in the UK, CMC Markets is a leading retail broker that offers forex, spread-betting, and CFD trading services and has won multiple awards over the years. CMC Markets is listed on the London Stock Exchange (LSE), with the ticker symbol CMCX. The broker provides online trading in over 10,000 instruments across multiple...
Spreads
65
Liquidity
65
Commissions
65
Support
75
Regulation
75
Visit CMC Markets Website
20

LH-Crypto

LH-Crypto
Read review
In this post I will be reviewing LH-Crypto Forex, CFD & Cryptocurrency broker that offers traders world wide margin trading with cryptocurrencies and other assets in the popular and freely available MetaTrader 5 (mt5) trading platform. Mt5 is one of the most user-friendly trading platforms with a quick learning curve for traders of all levels....
Spreads
75
Liquidity
70
Commissions
70
Support
80
Regulation
50
Visit LH-Crypto Website
21

Firstrade

Firstrade Logo
Read review
Established in 1985, Firstrade is an experienced, award-winning online broker that provides investors with access to the U.S. markets for trading stocks, ETFs, options, mutual funds, and more. They offer a range of trading accounts, trading platforms for multiple digital devices, and innovative trading tools based on the latest technologies. Their trading fees start from...
Spreads
60
Liquidity
60
Commissions
70
Support
70
Regulation
80
Visit Firstrade Website
22

EuropeFX

EuropeFX Logo
Read review
EuropeFX is an online broker that offers forex trading and CFD trading in over 100 tradable instruments spread across equity indexes, stocks, commodities, and cryptocurrency via their many selections of trading platforms, such as MetaTrader 4, EuroTrader 2.0, and eFXGO!. They offer relatively low spreads, STP executions, and negative balance protection, and clients’ funds are...
Spreads
65
Liquidity
65
Commissions
60
Support
70
Regulation
70
Visit EuropeFX Website
23

Fidelity

Fidelity Logo
Read review
Fidelity is a U.S. online stock broker that offers a range of investment options, such as stocks, exchange-traded funds (ETFs), mutual funds, bonds, metals, certificates of deposits (CDs), and options, with advanced trading platform and tools. They were founded in 1946 and have been consistent in providing quality services by applying the latest smart trading...
Spreads
55
Liquidity
55
Commissions
70
Support
65
Regulation
80
Visit Fidelity Website
24

EagleFX

eaglefx-logo
Read review
In this post I will be reviewing the EagleFX forex & CFD online trading broker. They accept clients from most countries and require a minimum account opening of only $10 and leverage of 1:500 available. EagleFX have over 100+ trading instruments which includes 53+ major, minor and exotic forex currency pairs, 11 indices and 31...
Spreads
75
Liquidity
75
Commissions
75
Support
95
Regulation
0
Visit EagleFX Website
25

FBS

FBS Logo
Read review
Launched in 2009, FBS is a regulated online forex and CFD broker that offer trading in a number of instruments, spread across currency pairs, metals, indices, and a few stocks, through their MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. The broker offers very competitive fees, fast execution, and direct market access and provides...
Spreads
60
Liquidity
55
Commissions
60
Support
70
Regulation
70
Visit FBS Website
26

Hargreaves Lansdown

Hargreaves Lansdown
Read review
Founded in 1981 and headquartered in Bristol, Hargreaves Lansdown is a UK-based broker that offers online trading services in a diverse range of financial products trading on 20 international exchange, with top-quality market research and user-friendly mobile trading applications. They have over 1 million clients and billions of assets under their management. However, they do...
Spreads
50
Liquidity
60
Commissions
60
Support
60
Regulation
80
Visit Hargreaves Lansdown Website
27

FxPro

FxPro Logo
Read review
FxPro is a popular retail forex broker that has been serving forex traders since 2006 and currently has over 1.3 million clients from over 173 countries. Its website is translated in about 25 languages. The broker’s head office is in the UK, but it has branches in Cyprus, Monaco, UAE, and the Bahamas. With over...
Spreads
50
Liquidity
60
Commissions
50
Support
50
Regulation
85
Visit FxPro Website
28

Ally Invest

Ally Invest Logo
Read review
Previously known as TradeKing, Ally Invest is a US-based online retail broker that offers self-directed and managed investments in a range of assets, including stocks, options, bonds, mutual funds, ETFs, and over 50 currency pairs — with competitive trading fees. The broker serves more than 250,000 clients and has billions in managed assets. They provide...
Spreads
50
Liquidity
50
Commissions
50
Support
60
Regulation
80
Visit Ally Invest Website
29

FXCM

FXCM Logo
Read review
Founded in 1999, Forex Capital Markets (FXCM) has over 20 years’ experience in the financial markets and is a leading name in the retail brokerage industry, offering forex and CFD trading services to clients in different parts of the world. With offices and affiliates in London, Hong Kong, Paris, Berlin, Johannesburg, Toronto, and Tel Aviv,...
Spreads
50
Liquidity
60
Commissions
50
Support
50
Regulation
80
Visit FXCM Website
30

Binance

Binance Logo
Read review
Binance is a popular Cryptocurrency exchange where Crypto lovers can exchange one crypto for another with minimal charges. The exchange has more than 150 tradable crypto coins that can be traded on their unique proprietary trading platform, which is available as a desktop application, web terminal, and mobile apps for iOS and Android devices. The...
Spreads
55
Liquidity
60
Commissions
60
Support
85
Regulation
0
Visit Binance Website
31

Olymp Trade

Olymp Trade Logo
Read review
Olymp Trade is a retail forex and CFD broker that was founded in 2014 and operates from Saint Vincent and the Grenadines. The broker offers trading services in forex, commodity and indices CFDs, and digital binary options through their in-house, web-based trading platform. But they are not regulated and do not offer their trading on...
Spreads
60
Liquidity
60
Commissions
60
Support
80
Regulation
0
Visit Olymp Trade Website