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Forex Brokers Review and Ranking

 

Ranking

Broker

Broker Name

Regulation

Rating

1

antivirus
AAAFx

HCMC (Greece)

5.0 out of 5.0 stars

2

Rakuten Securities Australia
Rakuten Securities Australia

ASIC (Australia)

5.0 out of 5.0 stars

3

ACY Security
ACY Security

ASIC (Australia), VFSC (Vanuatu)

4.9 out of 5.0 stars

4

Multibank Group

MultiBank Group

ASIC (Australia), BaFIN (Germany), CIMA (Cayman Islands), FMA (NZ),
VFSC (Vanuatu), TFG, AUSTRAC, MAS (Singapore), BVIFSC,
HKSFC (Hong Kong), ESCA (UAE)

4.9 out of 5.0 stars

5

Amega
Amega

FSC (Mauritius)

4.8 out of 5.0 stars

6

GO Markets
Go Markets

CySEC (Cyprus), FSC (Mauritius), FSA (Seychelles), ASIC (Australia)

4.8 out of 5.0 stars

7

antivirus
Afterprime

FSA (Seychelles), CySEC (Cyprus)

4.7 out of 5.0 stars

8

CMC Markets
CMC Markets

FCA (UK), ASIC (Australia), BaFIN (Germany), FMA (NZ),
MAS (Singapore), IIROC

4.7 out of 5.0 stars

9

Just Markets
JustMarkets

CySEC (Cyprus)

4.7 out of 5.0 stars

10

antivirus
DNA Markets

ASIC (Australia)

4.7 out of 5.0 stars

11

antivirus
M4Markets

FSA (Seychelles), CySEC (Cyprus)

4.6 out of 5.0 stars

12

antivirus
EBC Financial Group

FCA (UK), ASIC (Australia)

4.6 out of 5.0 stars

13

antivirus
FBS.com

FSC (Belize), CySEC (Cyprus), ASIC (Australia), FSCA (South Africa)

4.6 out of 5.0 stars

14

antivirus
FXView

CySEC (Cyprus), BaFIN (Germany), CONSOB (Italy), FSA (SC)

4.6 out of 5.0 stars

15

antivirus

Exness

CySEC (Cyprus), FCA (UK)

4.5 out of 5.0 stars

16

antivirus

RoboForex

FSC (Belize)

4.4 out of 5.0 stars

17

antivirus
FXCM

FCA (UK), ASIC (Australia), CySEC (Cyprus), FSCA (South Africa)

4.4 out of 5.0 stars

18

antivirus
IG Markets

FCA (UK), ASIC (Australia), FSCA (South Africa), MAS (Singapore)

4.4 out of 5.0 stars

19

antivirus

FxPro

FCA (UK), CySEC (Cyprus), SCB (The Bahamas), FSCA (South Africa)

4.3 out of 5.0 stars

20

antivirus
Errante

CySEC (Cyprus), FSA (Seychelles)

4.3 out of 5.0 stars

21

antivirus
IC Markets

ASIC (Austral)

4.3 out of 5.0 stars

22

antivirus
FXGT

FSA (Seychelles), FSCA (South Africa)

4.3 out of 5.0 stars

23

antivirus
Tradeview Markets

CIMA (Cayman Islands), MFSA (Malta), LFSA (Labuan)

4.3 out of 5.0 stars

24

antivirus
Exclusive Markets

FSA (Seychelles)

4.3 out of 5.0 stars

25

antivirus
FXTM

CySEC (Cyprus), FCA (UK), FSC (Belize), FSCA (South Africa)

4.2 out of 5.0 stars

26

antivirus
FXPIG

VFSC (Vanuatu)

4.2 out of 5.0 stars

27

antivirus
XM

CySEC (Cyprus) , ASIC (Australia) ,
FSC (Belize) , DFSA (UAE)

4.2 out of 5.0 stars

28

antivirus
Forex.com

FCA (UK), ASIC (Australia), IIROC (Canada), FSA (Japan)

4.1 out of 5.0 stars

29

antivirus
TNFX

FSA (Seychelles)

4.1 out of 5.0 stars

30

antivirus
Vantage

CIMA (Cayman Islands), VFSC (Vanuatu), FCA (UK), ASIC (Australia)

3.9 out of 5.0 stars

31

antivirus
Eightcap

ASIC (Australia), FCA (UK), CySEC (Cyprus), SCB (The Bahamas)

3.9 out of 5.0 stars

32

antivirus
TMGM

ASIC (Australia), VFSC (Vanuatu)

3.9 out of 5.0 stars

33

antivirus
LiteForex

CySEC (Cyprus)

3.9 out of 5.0 stars

34

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Fpmarkets

CySEC (Cyprus), ASIC (Australia), FSCA (South Africa)

3.8 out of 5.0 stars

35

antivirus
Fusion Markets

ASIC (Australia), VFSC (Vanuatu)

3.8 out of 5.0 stars

36

antivirus
MogaFX

ASIC (Australia)

3.7 out of 5.0 stars

37

antivirus
Moneta Markets

FSA (Seychelles), FSCA (South Africa)

3.7 out of 5.0 stars

38

antivirus
Zero Markets

FSC (Mauritius)

3.7 out of 5.0 stars

39

antivirus
Tickmill

FCA (UK), CySEC (Cyprus), FSCA (South Africa), LFSA (Labuan),

3.6 out of 5.0 stars

40

antivirus
Forex4you

FSC (British Virgin Islands)

3.5 out of 5.0 stars

41

antivirus
OctaFX

CySEC (Cyprus), FSCA (South Africa)

3.5 out of 5.0 stars

Frequently Asked Questions

Why are forex broker reviews important?

Forex broker reviews are important as they provide insights and feedback from traders who have had experience with specific brokers. They help potential traders assess the reputation, reliability, and quality of services offered by brokers before deciding to open an account.

What should I look for in forex broker reviews?

When reading forex broker reviews, it is essential to consider factors such as regulation, trading platforms, spreads and commissions, customer support, deposit and withdrawal processes, available trading instruments, educational resources, and overall user experience. Look for reviews that provide specific details and experiences related to these aspects.

How can forex broker reviews help me choose the right broker?

Forex broker reviews offer valuable information that can guide you in selecting the right broker. They provide insights into the pros and cons of working with a particular broker, allowing you to evaluate how well their services align with your trading needs, preferences, and goals.

Should I rely solely on forex broker reviews?

While forex broker reviews are helpful, it is advisable not to rely solely on them. It’s essential to conduct thorough research, consider your trading requirements, and even try out a broker’s demo account or limited deposit options before committing significant funds. Combine reviews with other sources of information like broker websites, regulatory authorities, and discussions on trading forums to make a well-informed decision.