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 Forex brokers and compiled our findings into thorough Forex brokers reviews. But don't just take our word for it; each Forex broker review also includes feedback from real traders, so that you can make a comfortable, informed decision.

When researching the best online Forex brokers there are many aspects to consider. Regulated brokers are certainly the most secure and for this reason alone we only recommend regulated entities as our top Forex brokers. However, among those with regulation you’ll also want to look at their spreads, leverage and asset offerings. You can do this quickly and easily by reading our Forex broker reviews and checking our Forex broker ratings. But don’t take our word for it alone; we encourage you to test out a few of our top Forex brokers using their free demo accounts so that you can feel entirely confident that you’ve chosen the best Forex broker for your specific needs. Browse our Forex broker reviews now!

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

Nadex

Nadex is a Chicago-based regulated derivatives exchange designed for the retail trader that offers only limited risk products. It is part of the IG Group, a global financial services provider with a market cap of over £2.2bn. Unlike many other binary options brokers, Nadex.com is available to U.S. citizens as it is based in the States and is a regulated US exchange, designated by the CFTC (Commodity Futures Trading Commission) and is legally permitted to accept US residents as members.

Nadex Review
Coinbase

Coinbase Inc. is a digital currency wallet and platform where merchants and consumers alike can buy, sell, store, bill and pay with the range of the major modern digital crypto-currencies such as Bitcoin, Ethereum, and Litecoin, against 32 established national fiat currencies. Coinbase is based in San Francisco, California, U.S.A. and was founded in 2012. In January 2017, Coinbase obtained a “Bitlicense” from the New York State Department of Financial Services, which authorizes the company to provide virtual currency business operations in New York. Coinbase Inc. is a privately-owned company, and has raised over $117 million from investors to date. As of May 2017, it had more than 7.4 million registered users

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
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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