Forex Broker Ratings

Here are my forex broker ratings containing the top 50 forex brokers that I have reviewed over the years. Each forex broker rating includes a brief description, overall rating and link to the forex broker review or website.

# NAME RATING DESCRIPTION Statistics LINK
1

IG

IG
Read review
Founded in 1974, IG is one of the biggest online brokers in the world and has won multiple awards over the years. They offer over 16,000 tradable products across multiple asset classes, such as forex, indices, stocks, commodities, bonds, metals, energies, and interest rate futures. The broker provides a nice selection of intuitive trading platforms,...
Spreads
100
Liquidity
100
Commissions
100
Support
100
Regulation
100
Visit IG Website
2

XM Group

XM Logo
Read review
XM Group are one of the best forex brokers in my opinion, providing forex traders with demo and real accounts to trade forex online. Using the XM Group trading platforms provided, including the highly recommended MetaTrader 4 & MetaTrader 5 trading platforms, XM Group clients can place and manage trades on the forex market. XM...
Spreads
95
Liquidity
95
Commissions
95
Support
100
Regulation
95
Visit XM Group Website
3

AvaTrade

AvaTrade
Read review
AvaTrade have some of the most competitive spreads I have seen and rapid trade execution speeds in comparison to many other online forex brokers. This established broker has plenty of forex currency pairs (50+ majors / exotics) and even cryptos for you to trade online with some of the most impressive trading conditions from my...
Spreads
95
Liquidity
95
Commissions
95
Support
90
Regulation
95
Visit AvaTrade Website
4

Pepperstone

Pepperstone Logo
Read review
Pepperstone have been around for many years and have rightly earned a fantastic reputation amongst the forex trading community as one of the best forex brokers, if not the best. Pepperstone is a name that I have often seen popping up during my many years of forex trading. I have a forex trading account with...
Spreads
95
Liquidity
95
Commissions
95
Support
95
Regulation
90
Visit Pepperstone Website
5

IC Markets

IC Markets Logo
Read review
IC Markets are one of my best forex brokers that allow you to open a forex trading account and trade the forex market through one of the trading platforms they provide – MetaTrader 4 (MT4) being the most widely used trading platform. Apart from being extremely easy to use with a small learning curve, MetaTrader...
Spreads
95
Liquidity
95
Commissions
95
Support
95
Regulation
80
Visit IC Markets Website
6

FP Markets

FP Markets Logo
Read review
FP Markets is a well-established and regulated online broker. They have an impressive selection of more than 13,000+ trading instruments which is one of the largest offering of assets I have seen from any broker. Traders from all over the globe can trade Forex pairs, Metals, Commodities, Indices, Equities and Cryptocurrencies. The broker was founded...
Spreads
90
Liquidity
90
Commissions
90
Support
90
Regulation
90
Visit FP Markets Website
7

eToro

eToro
Read review
eToro is a popular social trading platform that also offers brokerage services. The platform has a vast collection of analytical tools that traders can use to determine the right trader to copy. The platform has millions of traders from over 140 countries. With eToro, investors can invest in forex, stocks, indices, bonds, ETFs, cryptocurrency, metals,...
Spreads
85
Liquidity
85
Commissions
90
Support
90
Regulation
90
Visit eToro Website
8

Markets.com

Markets.com Logo
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Markets.com is an established provider of online Forex and CFD trading services, offering a wide range of over 2,200 trading assets, spread across currency pairs, cryptocurrency, stocks, indices, bonds, ETFs, Blends, IPOs, metals, energies, and other commodities. They provide clients with advanced and user-friendly trading platforms, helpful analysis tools, training resources, dedicated customer support, and...
Spreads
85
Liquidity
85
Commissions
85
Support
90
Regulation
90
Visit Markets.com Website
9

NAGA

NAGA
Read review
NAGA is an innovative online broker that provides a social investment network where traders can like, share, and copy investments on over 500 trading instruments including forex, commodities, cryptocurrency, stocks, indices, metals, energies, and ETFs. There are over 500,000 accounts on the NAGA network, which was founded in 2015 with the mission to make investing...
Spreads
90
Liquidity
85
Commissions
85
Support
90
Regulation
85
Visit NAGA Website
10

BlackBull Markets

BlackBull Markets
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BlackBull Markets is a New Zealand-based broker that offers institutional-grade trading conditions to traders across the globe. They offer forex trading and CFDs on indices, energies, metals, and more. Little wonder this broker won the highly coveted Deloitte Fast 50 award among several other awards owing to their premium trading tools and innovative solutions in...
Spreads
85
Liquidity
85
Commissions
85
Support
90
Regulation
80
Visit BlackBull Markets Website
11

Forex.com

Forex.com
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Forex.com has been around since 2001, and it is a leading brand in the retail forex industry. The broker offers trading services in over 300 instruments, across forex, stocks, commodities, indices, and cryptocurrency, providing exceptional trading conditions, such as fast execution speeds, minimal slippage, and competitive trading fees. They provide their in-house trading platform, with...
Spreads
80
Liquidity
90
Commissions
80
Support
80
Regulation
95
Visit Forex.com Website
12

Plus500

Plus500 Logo
Read review
Plus500 is a popular online CFD only broker that is headquartered in Israel and regulated in multiple jurisdictions through its subsidiaries. The brokerage firm was established in 2008, and they offer CFDs on Forex, Cryptocurrencies, Stocks, Commodities, ETFs, Options and Indices, on their easy-to-use proprietary trading platforms, which is equipped with many useful tools. They...
Spreads
85
Liquidity
85
Commissions
80
Support
85
Regulation
90
Visit Plus500 Website
13

City Index

City Index
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Founded in 1983 and headquartered in the UK, City Index is one of the leading online brokers in the world. They have over 35 years of experience and cater to over 150,000 traders from different parts of the world, offering fast and reliable trade execution speeds via their award-winning platforms and technology across multiple devices....
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
95
Visit City Index Website
14

FXTM

FXTM
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Launched in 2011, Forex Time (FXTM) is an online broker that is regulated by top financial authorities around the world. They offer over forex and CFD trading in 250 tradable instruments, spread across currency pairs, cryptocurrency, stocks, indices, metals, energies, and other commodities, with tight spreads, good execution speeds, and negative balance protection. The broker...
Spreads
80
Liquidity
80
Commissions
85
Support
80
Regulation
90
Visit FXTM Website
15

Admiral Markets

Admiral Markets
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Admiral Markets is a regulated and award-winning broker that provides its clients with a vast selection of trading instruments on advanced trading platforms with tight spreads, fast execution, flexible account types, and several funding options. The broker has been offering impeccable brokerage services since they began operation in 2001. No wonder they have numerous awards...
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
90
Visit Admiral Markets Website
16

Axi

Axi Logo
Read review
Established in 2007 in Australia, Axi (formerly known as AxiTrader) has grown to become one of the leading names in the online trading industry. The broker provides trading services in forex, stocks, indices, metals, energies, bonds, and ETFs, offering tight spreads, low commissions, good execution speed with minimal slippage, and multi-lingual global 24-hour customer support...
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
90
Visit Axi Website
17

FXOpen

FXOpen
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FXOpen is a well-established forex broker that has been offering online trading to over 1 million clients across the globe all the way back to 2005. They are an ECN broker that has tight spreads, reliable execution speeds and competitive commissions. FXOpen can cater to both retail and institutional traders with services including retail trading...
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
90
Visit FXOpen Website
18

Hugo’s Way

Hugo’s Way
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Hugo’s Way is an online forex and CFD brokerage brand owned and operated by Hugo’s Way Ltd — a company located in St Vincent and the Grenadines. The company was established in 2017 and also has another office in Kingstown, the capital of Saint Vincent and the Grenadines. They offer forex and CFDs via the...
Spreads
90
Liquidity
90
Commissions
90
Support
90
Regulation
50
Visit Hugo’s Way Website
19

HYCM

HYCM
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Since 1977, HYCM has been providing trading services to its clients across the globe, offering a range of instruments from different asset classes, including Forex, Stocks, Cryptocurrency, Indices, Metals, Energies, and other commodities. In all, there are over 300 instruments available on this broker’s platform, and they are regulated in multiple jurisdictions. With over 40...
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
90
Visit HYCM Website
20

LMFX

LMFX
Read review
LMFX is a retail forex and CFD broker that provides online trading services to retail and institutional clients across the globe. The broker offers a wide range of trading instruments in various markets, such as forex, commodities, stocks, shares, indices, metals, and energies. LMFX provides traders with the MetaTrader 4 platform for desktop, web, and...
Spreads
90
Liquidity
90
Commissions
90
Support
90
Regulation
50
Visit LMFX Website
21

Tickmill

Tickmill
Read review
Established in 2015, Tickmill is an online forex and CFD broker that is regulated in multiple jurisdictions. They provide online trading services to their retail and institutional clients across the globe, offering over 80 tradable instruments across currency pairs, stocks, indices, bonds, metals, energies, and other commodities via flexible trading platforms. The broker offers quality...
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
90
Visit Tickmill Website
22

Traders Way

Traders Way
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Trader’s Way is an online retail forex broker that offers trading services in a number of tradable instruments, spread across currency pairs, precious metals, energies, and cryptos. They provide their clients with a range of trading platforms, including the very popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as the user-friendly and...
Spreads
90
Liquidity
90
Commissions
90
Support
90
Regulation
50
Visit Traders Way Website
23

XTB

XTB
Read review
XTB is a renowned online broker and one of the largest Forex and CFD brokers listed on a stock exchange. They offer over 1,500 tradable instruments across different asset classes, including forex, cryptocurrency, stocks, indices, bonds, ETFs, metals, energies, and other commodities via their reliable and award-winning platform. XTB treats its clients like worthy partners...
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
90
Visit XTB Website
24

Swissquote

Swissquote
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Swissquote is an online brokerage firm that is headquartered in Gland, Switzerland, with representatives in Bern, Dubai, Malta, London, Hong Kong, and Zurich. The broker provides their clients with a variety of award-winning trading solutions across multiple asset classes, including Cryptocurrencies, forex, stocks, indices, options, bonds, ETFs, metals, and energies. Swissquote currently provides trading services...
Spreads
80
Liquidity
80
Commissions
80
Support
75
Regulation
90
Visit Swissquote Website
25

ETFinance

ETFinance
Read review
In this post I will be reviewing the ETFinance online broker who are based in Cyprus. They offer clients around the world online trading of Forex and CFD instruments via the MetaTrader 4 platform which you can download for free for multiple devices. If you are new to trading online, the broker has demo account...
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
80
Visit ETFinance Website
26

HF Markets

HF Markets
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Formerly known as Hot Forex, HF Markets is a popular online forex and CFD broker that was established in 2010. The broker offers retail and institutional trading services on a vast range of trading instruments, spread across multiple markets including forex, cryptocurrency, stocks, indices, bonds, metals, energies, and other commodities. HF Markets offer a range...
Spreads
75
Liquidity
75
Commissions
75
Support
80
Regulation
95
Visit HF Markets Website
27

NSBroker

NSBroker
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Founded in 2011 and part of the NSFX group, NSBroker is a regulated broker located in Malta that offers tight spreads, low commissions and rapid trade execution speeds. They offer traders from all across the globe access to trade CFDs and forex online via an easy to use trading platform. In addition to excellent trading...
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
80
Visit NSBroker Website
28

OInvest

OInvest
Read review
In this post I will be reviewing the online broker OInvest. This is a South African brokerage firm that was established in 2008. They offer a wide range of asset classes for trading online including forex currencies, CFD’s on stocks, commodities, precious metals, energies and more. Whatever you like to trade, there is something for...
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
80
Visit OInvest Website
29

Global Prime

Global Prime
Read review
Global Prime is a leading online broker that offers trading services in over 40 tradable instruments across several asset classes, including commodities, cryptocurrency, forex, stocks, indices, metals, energies, and much more. Established in 2010, Global Prime now has clients in over 120 countries, with an average monthly trading volume of 30+ billion. The broker is...
Spreads
80
Liquidity
80
Commissions
80
Support
75
Regulation
80
Visit Global Prime Website
30

Oanda

Oanda
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Founded in 1995, Oanda is a well-known online retail broker that is regulated in multiple jurisdictions, including the US, UK, Canada, Japan, Singapore, and Australia. The broker provides forex and CFD trading in over 126+ instruments, across all major financial asset classes. Oanda has won several awards over the years, including the Best Retail FX...
Spreads
75
Liquidity
75
Commissions
75
Support
75
Regulation
95
Visit Oanda Website
31

ATFX

ATFX
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ATFX is a well-established online broker, with presence in the UK, Cyprus, and the UAE, and their website is available in up to 13 languages. Founded in 2017, the broker offers trading in forex and CFDs on over 100 instruments, including metals, energies, indices, German and U.S. socks, and cryptocurrencies. They also offer spread betting...
Spreads
70
Liquidity
70
Commissions
80
Support
80
Regulation
90
Visit ATFX Website
32

Darwinex

Darwinex
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Darwinex is a regulated, London-based online brokerage firm founded in 2012. They offer trading in over 300 instruments across several asset classes, such as forex, cryptocurrency, stocks, indices, metals, energies, and other commodities. Providing direct market access (DMA), the broker offers excellent trade execution speed, competitive spreads that start from 0 pips, and low commission...
Spreads
80
Liquidity
80
Commissions
75
Support
75
Regulation
80
Visit Darwinex Website
33

SimpleFX

SimpleFX
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SimpleFX is an online broker that provides traders around the globe with forex, CFDs, indices, metals, energies, commodities, cryptocurrency, and stocks trading online. They state that their mission is to keep their trading products and conditions simple and transparent, hence, the company’s motto is “Keep it simple!” The broker’s basic features include multi-currency accounts, negative...
Spreads
85
Liquidity
85
Commissions
85
Support
85
Regulation
50
Visit SimpleFX Website
34

ActivTrades

ActivTrades
Read review
ActivTrades is a well-regulated online forex and CFD broker that offer traders across the globe over 500 trading instruments in multiple markets, including forex, cryptocurrency, stocks, indices, metals, energies, ETFs, Spread-betting, and options. The broker provides clients with a selection of powerful trading platforms, interesting trading tools, and educational resources. They operate with no dealing...
Spreads
75
Liquidity
75
Commissions
75
Support
80
Regulation
80
Visit ActivTrades Website
35

FXChoice

FXChoice
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FXChoice is a Belize-regulated online forex broker that accepts clients from all over the world, excluding the United States. They are an ECN broker, which provides direct access to the liquidity providers, offering competitive trading fees, fast execution speed, and easy account management features. The broker offers forex and CFD trading in a wide range...
Spreads
75
Liquidity
75
Commissions
75
Support
90
Regulation
70
Visit FXChoice Website
36

TradeATF

TradeATF
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TradeATF is an online broker that offers CFD trading on 250+ assets, including Forex currency pairs, cryptocurrencies, indices, precious metals, energies, shares/stocks. They cater to traders from across the globe, whatever your level of trading experience, the broker states that they support every client with their market analytics, innovative technology, expertise, and trading services. Tight...
Spreads
75
Liquidity
75
Commissions
75
Support
80
Regulation
80
Visit TradeATF Website
37

Fusion Markets

Fusion Markets
Read review
Fusion Markets is a regulated Australian online-based broker that offers flexible trading platforms and account types with highly competitive trading fees. The broker offers over 120 financial products in multiple asset classes, including forex, commodities, cryptocurrency, stocks, indices, metals, and energies. They make use of the latest cutting-edge technologies to provide fast, easy, and efficient...
Spreads
75
Liquidity
75
Commissions
75
Support
75
Regulation
80
Visit Fusion Markets Website
38

Iron FX

Iron FX
Read review
IronFX is a global online trading broker that offers forex trading and CFDs in over 200 financial products across different asset classes, including currency pairs, cryptocurrency, stocks, indices, metals, energies, and other commodities. Although headquartered in Cyprus, the broker has offices around the globe, including London, Sydney, and Johannesburg. The broker provides 10 trading platforms...
Spreads
70
Liquidity
70
Commissions
70
Support
75
Regulation
90
Visit Iron FX Website
39

Liquid

Liquid
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Liquid is a Japanese digital asset exchange that allows clients to trade spot, margins, CFDs, and perpetuals with multiple funding options, speedy trade execution, and deep liquidity. The Exchange was launched in 2014 and has since grown into an established crypto exchange with over 300 employees and around $50 billion processed transactions as of May...
Spreads
75
Liquidity
75
Commissions
75
Support
75
Regulation
75
Visit Liquid Website
40

ThinkMarkets

ThinkMarkets
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Established in 2010, ThinkMarkets is a leading forex and CFD trading broker that provides clients in over 180 countries with access to a wide range of tradable instruments, spread across different markets, including forex, cryptocurrency, stocks, indices, metals, energy, and other commodities. The brokerage firm is headquartered in London and Melbourne but has coverage across...
Spreads
65
Liquidity
65
Commissions
70
Support
85
Regulation
90
Visit ThinkMarkets Website
41

AAATrade

AAATrade
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AAATrade is a Cyprus based financial investment firm that has been offering a plethora of financial services to retail and institutional clients across the globe since 2013. They offer online trading on over 60,000 securities across forex, cryptocurrency, stocks, futures, indices, metals, options, bonds, and ETFs. The broker operates the straight-through processing model and gives...
Spreads
70
Liquidity
70
Commissions
70
Support
70
Regulation
90
Visit AAATrade Website
42

Capex

Capex
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Founded in 2016 in Cyprus, CAPEX is an online trading broker that offers over 2,100 tradable assets across multiple asset classes, such as forex, commodities, cryptocurrency, stocks, indices, metals, energies, bonds, and ETFs for online trading. The broker offers competitive spreads, transparent pricing, and fast execution speeds. CAPEX has won several industry awards for its...
Spreads
70
Liquidity
70
Commissions
70
Support
70
Regulation
90
Visit Capex Website
43

Core Spreads

Core Spreads
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Founded in 2014, Core Spreads is a multi-regulated online broker that offers forex and CFD trading services on powerful and advanced trading platforms, including the MetaTrader 4 platform and their own in-house developed CoreTrader Spread Trading platform. The broker offers over 1,000 instruments across multiple markets, such as Forex, commodities, cryptocurrency, stocks, indices, metals, energies,...
Spreads
70
Liquidity
70
Commissions
70
Support
70
Regulation
90
Visit Core Spreads Website
44

easyMarkets

easyMarkets
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Since they commenced operations in 2001, easyMarkets has been providing flexible trading platforms, innovative features, and more than 200 global markets to clients all over the globe. They offer forex and CFD trading in currency pairs, cryptocurrency, indices, options, bonds, ETFs, metals, energies, and other commodities. easyMarkets is well-established and strictly regulated and has won...
Spreads
70
Liquidity
65
Commissions
75
Support
70
Regulation
90
Visit easyMarkets Website
45

Fortrade

Fortrade
Read review
Fortrade, an FCA regulated online broker, has been offering 24-hour trading services in hundreds of trading instruments, including Forex, commodities, stocks, indices, metals, energies, and ETFs, to over 10,000 private and institutional traders from across the globe. Founded in 2013, the broker is focused on simple and accessible trading for all, providing user-friendly platforms, such...
Spreads
70
Liquidity
70
Commissions
70
Support
70
Regulation
90
Visit Fortrade Website
46

FXGiants

FXGiants
Read review
Established in 2015, FXGiants is an online forex and CFD broker that offers retail and institutional traders all over the world access to over 200 tradable instruments in different asset classes, including forex, cryptocurrency, stocks, indices, metals, energies, and other commodities. The broker provides clients with the industry-leading MetaTrader 4 (MT4) platform, a number of...
Spreads
70
Liquidity
70
Commissions
70
Support
70
Regulation
90
Visit FXGiants Website
47

GO Markets

GO Markets
Read review
GO Markets is a leading Australian broker that was founded in 2006. They provide their 80,000+ clients across the globe access to more than 250 tradable instruments spread across multiple markets, such as forex, cryptocurrency, stocks, indices, metals, energies, and commodities. The broker offers the powerful MetaTrader 4 and MetaTrader 5 trading platforms, a selection...
Spreads
70
Liquidity
70
Commissions
70
Support
80
Regulation
80
Visit GO Markets Website
48

InstaForex

InstaForex
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Established in 2007, InstaForex is a popular brand in the online brokerage industry, serving over 7,000,000 traders across the globe. They offer forex and CFD trading services in over 300 tradable instruments, spread across currency pairs, cryptocurrency, stocks, indices, metals, energies, and other commodities. The broker provides flexible trading platforms with good execution speed, competitive...
Spreads
70
Liquidity
70
Commissions
70
Support
80
Regulation
80
Visit InstaForex Website
49

KOT4X

KOT4X
Read review
Kings of Transparency (KOT4X) is an online forex, crypto, and CFD broker that provides cutting-edge technology for trading various markets, to a global clientele. They provide a secure ECN trading environment and offer 250 trading instruments across different asset classes, such as forex, commodities, cryptocurrency, stocks, indices, metals, and energies. Cryptocurrencies are available for trading...
Spreads
80
Liquidity
80
Commissions
80
Support
80
Regulation
50
Visit KOT4X Website
50

Purple Trading

Purple Trading
Read review
Purple Trading is an online broker that is regulated in multiple jurisdictions and offers multi-asset trading with reliable and transparent conditions. The broker offers forex and CFD trading in a range of instruments across different markets, such as Forex, indices, stocks, cryptocurrency, metals, energies, and other commodities. Launched in 2016, Purple Trading brings innovation to...
Spreads
70
Liquidity
70
Commissions
70
Support
70
Regulation
90
Visit Purple Trading Website