Forex Brokers Reviews

With many hundreds of Forex / CFD brokers to choose from globally, finding the right broker for you can seem an impossible challenge. That’s why we at DailyForex keep our team of industry analysts at work, to make choosing the best broker easier for you. Here we explain what criteria you should use to create an objectively accurate shortlist of the best Forex and CFD brokerage houses offering what you are looking for. Then we go on to look behind the hype and assess every broker on both the must-haves and nice-to-haves, to arm you with the tools you need to decide which of the top 10 brokers in the world is right for you.
Help me choose a broker
Help me choose a broker
Welcome to our "Help Me Choose A Broker" help desk. We are happy to provide all traders with this special service so that you can find the best Forex broker to meet your needs. All you have to do is fill in your trading information in the 3 easy steps below and we will connect you with the broker that is most compatible for you.;


Please answer the following questions:

The advanced broker matching tool uses an algorithm to match the criteria you have selected as relevant to your trading with the most updated services provided by the long list of brokers we review. We’ve successfully matched hundreds of traders with the most appropriate brokers and we look forward to helping you as well.
Finding a Forex broker has never been so easy!
Thank you.
Your information has been successfully sent to us.
We will handle your request as soon as possible.
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Forex Brokers Reviews

Coinbase

Coinbase is a digital currency exchange founded in 2012 in the US. In 2016, it rebranded the Coinbase Exchange to the Global Digital Asset Exchange (GDAX), its primary asset. It is one of the most recognized exchanges globally, facilitating cryptocurrency exchanges with fiat currencies in 32 countries. Its cryptocurrency wallet is available in 190 countries. Coinbase caters to over 35 million traders from over 100 countries, has trading volume in excess of $220 billion, and has over $7 billion of assets in storage. Coinbase has a global team consisting of over 1,000 employees; moreover, it has raised more than $500 million in funding from fifteen investors. The management team believes that cryptocurrencies are the future of money, and that it will create a more open, fair, and efficient financial system. Coinbase is well-positioned to remain an essential part of the evolving cryptocurrency sector, particularly in the US.

Coinbase Review
FXCM

FXCM was founded in 1991 in the United States, but has since left the U.S. market and shifted its focus to other regions. Since 2018, FXCM started a rebranding phase as a Leucadia company owned by Jefferies Financial Group.

FXCM Review
Saxo Bank
Saxo Bank
Saxo Bank

Saxo Bank is a fully licensed European bank and is one of the best-known players in the global brokerage industry. As one of the most transparent and trusted banks as well as brokers in the world, it caters to new traders as well as to professional traders, institutions and hedged funds. The broker’s main focus is on the professional crowd with better offerings from a minimum deposit of €/£50,000, but their Classic Account does come with a minimum deposit of just €/£500. Trading with Saxo Bank gives you access to over 35,000 assets across eight categories and allows for full portfolio diversification.

Saxo Bank Review
Dukascopy
Dukascopy
Dukascopy

Dukascopy Bank is a Swiss online bank providing Internet based and mobile trading services with a focus on foreign exchange, bullion and binaries, banking and other financial services through innovative proprietary technological solutions. Dukascopy is one of the largest retail brokers on the planet. It is heavily regulated in several countries, including its home country, Switzerland and is one of the oldest ECNs available to the retail client. It offers institutional services as well. The company was founded on 2 November 2004 in Geneva, Switzerland where it has its headquarters. Dukascopy Bank is regulated by the Swiss Financial Market Supervisory Authority FINMA both as a bank and a securities dealer.

Dukascopy Review
OANDA
OANDA
OANDA

The OANDA Corporation is a US-registered financial firm founded in 1996; this OANDA review will focus on the period after 2001, when OANDA launched its retail brokerage division. Though a tech firm at heart, this broker was the first to introduce a pipette to Forex trading in 2004 (a pipette refers to the fifth decimal in quotes of currency pairs). In 2007, the company attracted $100 million in venture capital to expand into Asia, opening its first office in Singapore. Since then, it has expanded globally and, in 2018, it was acquired by private equity firm CVC Capital Partners.

OANDA Review
Zecco
Zecco
Zecco

A short overview of Zecco trading will quickly reveal support for Stocks, ETFs, Options, Mutual Funds, Bonds, Metals, and last but not least, Forex. Being that DailyForex is primarily a Forex site, this Zecco review will focus mainly on broker’s Forex offering. The Zecco Forex Trader Desktop enables the trader to choose from predefined layouts or to create and save personal layouts. The one downside of this platform is that it supports Windows XP or Vista exclusively, no Mac OS and no Windows 7.

Zecco Review
Markets.com

Markets.com has been catering to traders since 2008 under the name GFC Markets. It rebranded in 2010 after the merger between its corporate owner Safecap Investments Limited with TradeFX. Playtech PLC, listed on the London Stock Exchange and a constituent of the FTSE 250, purchased TradeFX for €458 million in 2015. That was followed by an intensive restructuring of Markets.com, which sold its binary options platform, TopOption, and laid off most of its staff, with the intent to focus on the sales and retention team. Today, this broker is regulated in five jurisdictions; it offers four trading platforms from which traders have access to over 2,200 assets. The vast majority of Markets.com clients (79%) operate their portfolio at a loss.

Markets.com Review
AvaTrade

AvaTrade is a well-established Forex / CFD brokerage house which was founded in 2006 and has been conducting business ever since. AvaTrade was one of the first major brokerages in the retail Forex/CFD field, so it has a lengthy track record. Although they have their global headquarters in the Republic of Ireland, they have a corporate structure composed of several entities which match their regular bases of regulated operations: Republic of Ireland, Australia, Japan, South Africa, and the British Virgin Islands.

AvaTrade Review
MahiFX
MahiFX
MahiFX

MahiFX, founded in 2012, is a Forex market maker with offices in Christchurch, New Zealand and London. The MahiFX trading platform was named the winner for 2013 Best Trading System at the 13th annual FStech Awards recognizing excellence and innovation in the field of information technology within the UK and EMEA financial services sector. MahiFX is regulated by ASIC. It is also the winner of the UK Forex Award 2014.

MahiFX Review
Tradeo

Tradeo is an online Forex and CFD brokerage that we’ve reviewed at length. The Tradeo review found here includes our findings, including the positive and negative aspects of using this brokerage.

Tradeo Review
Help me choose a broker
Help me choose a broker
Welcome to our "Help Me Choose A Broker" help desk. We are happy to provide all traders with this special service so that you can find the best Forex broker to meet your needs. All you have to do is fill in your trading information in the 3 easy steps below and we will connect you with the broker that is most compatible for you.;


Please answer the following questions:

The advanced broker matching tool uses an algorithm to match the criteria you have selected as relevant to your trading with the most updated services provided by the long list of brokers we review. We’ve successfully matched hundreds of traders with the most appropriate brokers and we look forward to helping you as well.
Finding a Forex broker has never been so easy!
Thank you.
Your information has been successfully sent to us.
We will handle your request as soon as possible.
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