Top Rated Web-Based Brokers Reviews - 2017

Web-based brokers are those Forex brokers that support Forex trading solely in the Internet browser window without installing any trading software. Web-based brokers allow Forex traders to place trades from almost any place that has a computer.

Recent studies show that 89% of computer users stay with one of the various versions of Windows and very few use Linux or Mac. To deal with the problem, the Forex industry has come up with a good solution: web-based trading platforms, accessible from pretty much any browser. Since web-based platforms require no installation, they are welcomed not only by traders who use operating systems other than Windows, but also by users who trade from different locations around the world and prefer not to have the need to install the same application on a number of computers.

Before deciding if web-based trading is for you, review the list of Top web-based brokers below. The fact that a broker is web-based should not be the only consideration you are looking at. Forex brokers must meet your needs in many other ways. We have organized this list to help you make the right decision.

 

Broker's Name Minimum Deposit Deposit Bonus Type of Platform Maximum Leverage Regulation Rating More Info
AvaTrade $100 Up To $5000 MetaTrader 4, Proprietary platform, Web-based 1:400 MiFID, ASIC, Central Bank of Ireland, FSC, BVIFSC

9.8/10
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FOREX $50 None MetaTrader 4, Proprietary platform 1:50 FCA, ASIC, MAS, IIROC, CFTC, NFA, FSA, SFC, CIMA Accepts US clients
Accepts US clients

9.3/10
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FXCM $50 ?
Standard: $2000, Mini: $50
None MetaTrader 4, Proprietary platform, Web-based 1:50 FCA, ASIC

9.3/10
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4 Plus500 €100 None Proprietary platform 1:300 CySEC, Financial Conduct Authority (FCA), ASIC

8.8/10
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5 ETX Capital $100 50% of your first deposit, up to £5,000 MetaTrader 4, Proprietary platform 1:400 FCA

8.5/10
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Web-Based Brokers Reviews

AvaTrade

AvaTrade is among the top Forex brokers in the world with offices in New York, Dublin, Sydney, Milan, Tokyo and other locations. It is regulated by the Central Bank of Ireland and licensed by MiFID in the European Union as well as by several other licensing bodies. AvaTrade’s features include, among other things, a choice of platforms, a demo account, an Ava debit card for all live account holders, access to Trading Central charting tools for depositors of over $1000 and free withdrawals.

AvaTrade Review
FOREX

FOREX.com is a currency trading website 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
FXCM

FXCM (Forex Capital Markets) was founded in 1999 in the U.S.A. and was an early pioneer of internet-based trading. FXCM was listed among the fastest growing companies by Inc. 500 List of America’s Fastest Growing Companies three years in a row. The FXCM Group has headquarters in New York, with offices around the globe in places such as the U.K., France, Italy, and Australia. It is regulated and licensed in each of them. FXCM is also a publicly traded company on the Nasdaq Exchange, the major U.S. exchange listing the equity of large technology-based companies.

FXCM Review
Plus500

Plus500 Ltd is headquartered in Israel with subsidiaries in the United Kingdom, Cyprus and Australia: Plus500 UK Ltd is authorized and regulated by the Financial Conduct Authority (FRN 509909). Plus500 CY LTD is authorized and regulated by the Cyprus Securities and Exchange Commission (License No. 250/14). Plus500AU Pty Ltd, AFSL #417727 issued by the Australian Securities and Investments Commission is authorized to issue these products to Australian residents. Traders should understand that when trading with Plus500 they do not own the underlying assets and they must consider the disclosure agreements on the broker’s website.

Plus500 Review
ETX Capital

ETX Capital is domiciled in the UK and is 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 acquired the client base of Alpari UK in 2014 and installed MT4 servers similar to those used by Alpari in order to make the transition as simple as possible.

ETX Capital Review