Forex Brokers Reviews

With hundreds of Forex brokers to choose from, selecting the right one can be both challenging and time consuming. To ease the process, we’ve tested and reviewed dozens of the top brokers, and compiled our findings into thorough Forex brokers reviews. But don’t just take our word for it – each review also includes feedback from real traders, so that you can make a comfortable, informed decision.

US FlagUS-based traders can also take advantage of our top US Forex brokers list.

Broker's Name Minimum Deposit Deposit Bonus Type of Platform Maximum Leverage Regulation Rating More Info
1 Markets $100 $2000
A minimum trade volume is required to receive the bonus.
MetaTrader 4, Sirix, Proprietary platform 1:200 CySEC, MiFID

9.7/10
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2 FXCM $50
Standard: $2000, Mini: $50
None MetaTrader 4, Proprietary platform 1:200 FCA, NFA, ASIC, SFC, ACP Accepts US clients
Accepts US clients

9.5/10
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3 AvaTrade $100 $40-$5000 MetaTrader 4, Proprietary platform, Web-based 1:400 MiFID, Central Bank of Ireland, ASIC, FSC, BVIFSC Accepts US clients
Accepts US clients

9.3/10
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4 FOREX $250 None MetaTrader 4, Proprietary platform 1:50 FCA, NFA Accepts US clients
Accepts US clients

9.3/10
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5 ETX Capital $100 50% of your first deposit, up to £5,000 MetaTrader 4, Proprietary platform 1:400 FCA

9.1/10
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6 London Capital Group None Up to $5000 MetaTrader 4, Web-based, Other 1:300 FCA

9.0/10
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7 Orbex $500 None None 1:500 CySEC

8.9/10
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8 FXCC $100 100% Double Up Bonus MetaTrader 4 1:300 CySEC, MiFID, FCA, ICF

8.8/10
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9 Plus500 €100 $100 Proprietary platform 1:200 CySEC, Financial Conduct Authority (FCA), ASIC

8.4/10
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10 FxPro $500 None MetaTrader 4, MetaTrader 5, cTrader, Web-based 1:500 CySEC, MiFID, FCA

8.3/10
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Forex Brokers Reviews

Markets
Markets Website

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Markets.com, domiciled in Limassol, Cyprus, was originally founded in 2006 as Arbat Capital Limited. In 2009, Arbat Capital Limited was renamed SafeCap Investments Limited, which now owns and operates Markets.com, a Cyprus Investment Firm (CIF) which is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC). Markets.com allows trading in over 200 indices, gold, oil, stocks, commodities, and currencies.

Markets Review

FXCM
FXCM Website

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FXCM Holdings, LLC has been listed as one of the fastest growing companies by Inc. 500 List of America’s Fastest Growing Companies three years in a row (2004-2006). FXCM Holdings, LLC is headquartered in New York, with offices around the world including U.K., Japan, Hong Kong, France, Italy, and Australia, and is regulated and licensed in each of them. FXCM has over 165,000 tradable accounts on its platforms and a monthly average of over $250 billion in trade volume. See review of FXCM at DailyForex.com.

FXCM Review

AvaTrade
AvaTrade Website

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AvaTrade, established in 2006, is among the top Forex brokers in the world with offices in New York, Dublin, Sydney, Milan, Tokyo and other locations. AvaTrade is regulated by the Central Bank of Ireland and licensed by MiFID in the European Union. It is also regulated by ASIC in Australia, the Financial Services Commission (FSC) in Japan, as well as by the B.V.I Financial Services Commission in the British Virgin Islands.

AvaTrade Review

FOREX
FOREX Website

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FOREX.com, based in New Jersey, is operated by Gain Capital Holdings, Inc., a financial services company that’s been in business since 1999. GAIN Capital is listed on The New York Stock Exchange(NYSE: GCAP).

FOREX Review

ETX Capital
ETX Capital Website

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ETX Capital, founded in 2002 and domiciled in the UK, is authorized and regulated by the Financial Services Authority. It is a member firm of the London Stock Exchange and offers multi-asset and multi-market derivatives through CFDs and spread betting products to individuals and institutions based in Europe and other locations.

ETX Capital Review

London Capital Group
London Capital Group Website

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LCG MT is a trading name of London Capital Group Ltd (LCG), an AIM-listed and FCA regulated organization and one of the UK's leading financial services companies specializing in online trading services. LCG was founded in 2003 and is located in London.

London Capital Group Review

Orbex
Orbex Website

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ORBEX, formerly AFBFx, is a financial services Forex provider licensed by the Cyprus Securities and Exchange Commission (CySEC) and is regulated under the European Union Financial (MiFID). ORBEX LTD is also FSA registered. ORBEX is domiciled in Limassol, Cyprus with an additional office in Kuwait.

Orbex Review

FXCC
FXCC Website

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FXCC (short for FX Central Clearing Ltd.) is a relatively new Forex broker, offering a choice of two highly respected trading platforms, service in 9 languages and trading conditions to rival some of the top ECN Forex brokers. If you’re looking for an STP broker that allows scalping and hedging and has spreads in fractional pips, consider FXCC.

FXCC Review

Plus500
Plus500 Website

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Plus500 Ltd is located in London, UK. It operates its CFD business through its subsidiaries: Plus500UK Ltd, which is authorized and regulated by the Financial Conduct Authority (FCA); Plus500AU Pty Ltd which is regulated by the Australian Securities and Investments Commission (ASIC) and Plus500CY Ltd which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) as well as by the Financial Conduct Authority (FCA). Plus500 is also listed on the London Stock Exchange.
* Your capital may be at risk

Plus500 Review

FxPro
FxPro Website

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FxPro, domiciled in Cyprus, is a Forex broker that caters to both experienced and beginner traders. Founded in 2007, FxPro has established itself as one of the leading Forex brokers in the industry. It offers a wide range of options and features and their landing page is chock full of useful information. Navigation throughout the site moves along at a rapid clip and opening either a real or demo account is quick and easy.

FxPro Review