Find the best broker for you

We are dedicated to bringing traders unbiased broker reviews to help them find the best Forex brokers, binary options and cryptocurrency exchanges for their online trading needs.

We have many in-depth broker reviews, ratings and a handy comparison tool to help traders quickly and easily identify the best brokers for their individual needs.

of Bonus
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
  • Minimum deposit for entry
  • Free demo account
  • Many teaching tools
$ 10.000
Free Demo
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
  • More than 100 assets to trade
  • Fast Withdrawals
  • Award-winning high-tech platform
$ 100.000
Free Demo
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
  • Large selection of trading instruments
  • Multiple Regulations
  • Various International Awards
$ 10.000
Free Demo
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
  • Intuitive Trading Platform
  • Fast Withdrawals
  • Low Minimum Initial Deposit Requirement
$ 10
No Deposit Bonus
*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
  • Regulation Broker With Good Reputation
  • Copy Trading
  • Allowed Hedging in Trading
See all brokers

Broker reviews for trading

Our team has studied hundreds of brokers and brings you the most vital information in a compact yet detailed analysis to help you make an informed decision to choose the best trading brokers for your individual needs.

What are trading brokers?

A trading broker is an intermediary that allows clients to buy and sell trading instruments for a small commission fee. They provide traders and investors with access to platforms so they can trade in various markets such as Forex, Stocks, Commodities, Crypto, Futures, Indices, Metals, Energies, Options, Bonds, ETFs, CFDs, etc. that offer a combination of financial instruments.

In addition to providing trading accounts and platforms, these brokers often provide a variety of brokerage services, including educational materials, trading tools, market analysis, trading apps, social trading platforms, and more.


How to trade online?

Online trading involves investing in financial products using a trading platform provided by a brokerage firm that will offer a variety of different markets and assets.

When you trade online, you are buying (going long) or selling (going short) financial instruments and speculating whether prices will rise or fall in order to try to profit from market movements. A broker acts as an intermediary between the trader and the markets in which they are trading.

Online trading is easily accessible, anyone with an internet connection can open a brokerage account and trade online through desktop, web and mobile electronic trading platforms.

How is the Forex market regulated?

The Forex market is regulated by law in many countries around the world. This is necessary to reduce the probability of fraud on the part of the Forex broker and to protect investors' capital.

To enter the interbank market, a broker only needs to register as an organization offering financial services.

That is, the licensing of Forex brokers is not mandatory. But brokers who plan to work honestly look to get a license, because it gives users a guarantee of reliability and protection.

Indeed, in order to obtain a license, a broker has to fulfill several difficult conditions: undergo proper verification, organize a compensation fund, maintain transparent reports, etc. Broker licenses are divided into several levels.

First level

US Derivatives Exchange Commission (CFTC) and US National Futures Association (NFA). These are the most demanding organizations, they strictly regulate the work of their brokers, so brokers with such licenses are the most reliable.

Second level

The UK's Financial Regulatory Authority (FSA) and the Australian Securities and Investments Commission (ASIC). Here, the requirements for issuing a license are a little easier, but in general it is very difficult to obtain.

third level

Cyprus Securities and Exchange Commission (CySEC) and Malta Financial Services Authority (MFSA). Reporting is simpler and overall control is weaker for these organizations. However, their licenses are also issued only to trusted brokers.

fourth level

British Virgin Islands Financial Services Commission (FSC BVI) and Belize's International Financial Services Commission (IFSC). These organizations do not require a broker in their own representative office, but conduct regular audits.

Fifth and sixth levels

Seychelles Financial Services Authority (SFSA) and Saint Vincent and the Grenadines Islands Financial Regulatory Authority (SVG FSA). They feature a simplified licensing system and a reduced level of control.

These regulators are given as an example; in fact, there are much more. The best option is to choose a broker whose activities are regulated by tier 1 to 4 organizations; they are the most reliable.

But there is one more detail. Territorially, the regulator has legal force only on the borders of its country. This means that if, for example, a resident of the European Union operates in the EU, only EU regulators can protect them.

What is a trusted broker?

When choosing a Forex broker, it is important not to fall victim to a scammer, the so-called “bucket shop” or the “no address” company.

To help you figure out the difference between an unscrupulous and a trustworthy broker, we have identified several signs of an unscrupulous broker and a trustworthy broker:

trusted broker scammers
The information about the company indicates all the pros and cons; the broker works with both beginners and experienced traders I prefer to work with novice traders, lots of promotional materials for beginners
Commissions and spreads are clearly indicated Hidden commissions and payments
No slippage or malfunction Problems with active scalping, server freezes, frequent slippages
Customer service is agile, consultants are well qualified Customer support is silent, no quick fix possible
Withdrawal of funds is carried out promptly Customer feedback always having problems with withdrawing funds
A company with a long history, large capitalization, a license and a large number of positive reviews The company is newly created, the origin and size of the authorized capital is unknown, the license has not been published, the customer comments are negative or the comments are positive but are written as if they were “carbon copy”

All Forex Traders Need to Assess the Following Factors:

Trading Parameters: There should be a large number of assets to choose from, with many different expiration dates to choose from. There should be at least two different instruments to choose from, although many brokers offer more than that.


Platform Languages: This will be more important than some than others. All platforms are provided in English, but additional language options can vary widely. Please ensure that the website and platform are provided in your native language.


Minimum deposit: what is the cost to start trading? Brokers do not charge fees per trade, so all deposited funds can be used to trade. The average minimum deposit is between $10 and $300. Any amount that exceeds this is considered above average.


Banking Options: His banking method preferred is offered? This question must be answered at the beginning of the evaluation process, because if not, you will have to look for another broker.


Bonuses and Promotions: Bonus amounts up to 100% are offered by some brokers. These will come with conditions that must be met before making a withdrawal. Even so, bonuses and other promotions can give your account funds a good boost.


Client support: A dedicated account manager may or may not be provided, but all traders must have access to customer support. Considerations in this area include the methods of contact available and the hours during which support is provided.

the choices of brokers available will include both new and well-established companies. Many are regulated, while some cannot be due to their location.

It is a proven fact that those who work with a large broker tend to earn the most and experience the fewest problems.

While you may be excited to get started, there are many benefits to taking the time to select the best one. broker Forex trading.

What is the Forex market?
This is a foreign exchange market that brings together the financial operations of all banks and international organizations. The world's largest economic system is available to everyone.
How to start trading on Forex?
Since an individual cannot become a market participant, a trader needs to register with a Forex broker. The broker provides the trader with a trading terminal, trading tools and all Forex trading opportunities.
Are there any passive Forex income options?
Yes. A trader can invest funds with minimal risk in PAMM/LAMM accounts, which are managed by professional market players. There are other features such as trust management and copy trading services.
How safe is the Forex market?
As trading is done according to the type of margin, there is always a risk and initially it is quite high. But brokers offer a number of effective opportunities for risk diversification, for example PAMM portfolios. Also, emergency compensation funds.