Forex Brokers Review and Ranking
Ranking
Broker
Broker Name
Regulation
Rating
1
HCMC (Greece)
5.0 out of 5.0 stars
2
ASIC (Australia)
5.0 out of 5.0 stars
3
ASIC (Australia), VFSC (Vanuatu)
4.9 out of 5.0 stars
4
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
FSC (Mauritius)
4.8 out of 5.0 stars
6
CySEC (Cyprus), FSC (Mauritius), FSA (Seychelles), ASIC (Australia)
4.8 out of 5.0 stars
7
FSA (Seychelles), CySEC (Cyprus)
4.7 out of 5.0 stars
8
FCA (UK), ASIC (Australia), BaFIN (Germany), FMA (NZ),
MAS (Singapore), IIROC
4.7 out of 5.0 stars
9
CySEC (Cyprus)
4.7 out of 5.0 stars
10
ASIC (Australia)
4.7 out of 5.0 stars
11
FSA (Seychelles), CySEC (Cyprus)
4.6 out of 5.0 stars
12
FCA (UK), ASIC (Australia)
4.6 out of 5.0 stars
13
FSC (Belize), CySEC (Cyprus), ASIC (Australia), FSCA (South Africa)
4.6 out of 5.0 stars
14
CySEC (Cyprus), BaFIN (Germany), CONSOB (Italy), FSA (SC)
4.6 out of 5.0 stars
15
Exness
CySEC (Cyprus), FCA (UK)
4.5 out of 5.0 stars
16
RoboForex
FSC (Belize)
4.4 out of 5.0 stars
17
FCA (UK), ASIC (Australia), CySEC (Cyprus), FSCA (South Africa)
4.4 out of 5.0 stars
18
FCA (UK), ASIC (Australia), FSCA (South Africa), MAS (Singapore)
4.4 out of 5.0 stars
19
FxPro
FCA (UK), CySEC (Cyprus), SCB (The Bahamas), FSCA (South Africa)
4.3 out of 5.0 stars
20
CySEC (Cyprus), FSA (Seychelles)
4.3 out of 5.0 stars
21
ASIC (Austral)
4.3 out of 5.0 stars
22
FSA (Seychelles), FSCA (South Africa)
4.3 out of 5.0 stars
23
CIMA (Cayman Islands), MFSA (Malta), LFSA (Labuan)
4.3 out of 5.0 stars
24
FSA (Seychelles)
4.3 out of 5.0 stars
25
CySEC (Cyprus), FCA (UK), FSC (Belize), FSCA (South Africa)
4.2 out of 5.0 stars
26
VFSC (Vanuatu)
4.2 out of 5.0 stars
27
CySEC (Cyprus) , ASIC (Australia) ,
FSC (Belize) , DFSA (UAE)
4.2 out of 5.0 stars
28
FCA (UK), ASIC (Australia), IIROC (Canada), FSA (Japan)
4.1 out of 5.0 stars
29
FSA (Seychelles)
4.1 out of 5.0 stars
30
CIMA (Cayman Islands), VFSC (Vanuatu), FCA (UK), ASIC (Australia)
3.9 out of 5.0 stars
31
ASIC (Australia), FCA (UK), CySEC (Cyprus), SCB (The Bahamas)
3.9 out of 5.0 stars
32
ASIC (Australia), VFSC (Vanuatu)
3.9 out of 5.0 stars
33
CySEC (Cyprus)
3.9 out of 5.0 stars
34
CySEC (Cyprus), ASIC (Australia), FSCA (South Africa)
3.8 out of 5.0 stars
35
ASIC (Australia), VFSC (Vanuatu)
3.8 out of 5.0 stars
36
ASIC (Australia)
3.7 out of 5.0 stars
37
FSA (Seychelles), FSCA (South Africa)
3.7 out of 5.0 stars
38
FSC (Mauritius)
3.7 out of 5.0 stars
39
FCA (UK), CySEC (Cyprus), FSCA (South Africa), LFSA (Labuan),
3.6 out of 5.0 stars
40
FSC (British Virgin Islands)
3.5 out of 5.0 stars
41
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. Itโs essential to conduct thorough research, consider your trading requirements, and even try out a brokerโs 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.