The Top Rated Forex Brokers Are Here!
Top 5 Forex Brokers
Top rated Forex brokers are neither hidden nor secret, and if any trader or beginner in the field believes that only a few specially chosen people can actually trade on decent and reliable platforms, they are mistaken. All Forex brokers, good and bad, are free to be used by any trader regardless of their experience, budget or investments. The secret to finding the best and most secure Forex brokers is to know where to find them and how to search for them. We can call it a filtering process, but it is nothing at all to do with luck or with being specially chosen because the top rated Forex brokers are there to be found. You might even have seen them but passed them by! However you will make no more mistakes or misses as from now on you will only find the most trustworthy systems to trade on, simply by following our guides and listening to our recommendations.
Who Are We And What Do We Have To Do With The Best Forex Sites?
e understand how important it is for you to have a trustworthy Forex trading broker and we know that you would not want random people to tell you where to trade and which sites to register with. However, you should be confident that you have found the right place to get all the necessary information that every trader needs to help them find the top Forex brokers. Our team is made up of people like you who just happen to have more experience in the industry. Most of our team are actually ex traders and they have the intuition and the skills to identify secure Forex brokers and to rate them. When we rate any Forex trading broker, we consider many things including their reputation as well as real customer feedback from forums and websites for trading discussions. This the great advantage of our reviews, because we show our professional opinion alongside other customers’ opinions about particular brokers. You will be provided with all the information that you need as a basis to consider whether to give each broker a try and test their website.
Most trusted Forex brokers
|Broker||Min Deposit||Regulation||Bonus||Read More||Visit Site|
|XTrade||$100||CySEC||60%||Read Review||Visit Broker|
|XM||$5||CySec||100%||Read Review||Visit Broker|
|HYCM||$50||FSA||$5000||Read Review||Visit Broker|
|AvaTrade||$100||MiFID||40%||Read Review||Visit Broker|
|ETX Capital||$100||FCA UK||$20 No Deposit||Read Review||Visit Broker|
|Instaforex||$1||FFMS||250%||Read Review||Visit Broker|
|FreshForex||$1||CRFIN||35%||Read Review||Visit Broker|
|Easy Forex||$25||CySEC||50%||Read Review||Visit Broker|
|Markets.com||$100||CySEC||$2000||Read Review||Visit Broker|
|Plus500||$100||CySEC||Up to $10,000 per T&Cs||Read Review||Visit Broker|
|eToro||$50||CySEC, FCA||Up to $1000||Read Review||Visit Broker|
|FBS||$1||IFSC||100%||Read Review||Visit Broker|
|HotForex||$50||CySEC||100%||Read Review||Visit Broker|
|Forex4You||$100||FSC||25%||Read Review||Visit Broker|
|IronFX||$500||CySEC||Up to $10,000||Read Review||Visit Broker|
|KeyStock||$100||HCMC||50%||Read Review||Visit Broker|
|OctaFX||$5||FCA||50%||Read Review||Visit Broker|
|Trade.com||$250||FCA||N/A||Read Review||Visit Broker|
|UFX||$500||FCA||N/A||Read Review||Visit Broker|
|xCFD||$10||FSP||100%||Read Review||Visit Broker|
|CM Trading||$250||FSP||Up to $3,000||Read Review||Visit Broker|
The Best Forex Brokers – What Do They Look Like?
Whether your main goal is to find a secure Forex broker or you want to have a list of all the top rated trading brokers, you need to know one thing – there are just too many brokers out there, and we cannot list them all. You need to develop a skill when trading to recognise the really good brokers so that once you read a review of a broker you can be confident as to whether it is one of them, or whether it is a risky choice and may be a fraud. The way to develop that skill is not too difficult, all you need to do is follow our guidelines and you will be ready to register with the best Forex brokers in the world. This is what you can expect from the best forex brokers:
You should only choose a regulated broker as they will have mandatory measures that they must obey and follow. These measures are not set out by the broker themselves, but are supplied by specialist agencies. These agencies are nationally chosen either by the government or by other specific state authorities. For example, trustworthy brokers located in Cyprus will always regulated by CySEC. These agencies also take care of the license that the broker needs to be officially listed on the market. Without a license, the trading platform will be a kind of a scam. Make sure your broker has both a license and suitable regulation.
A good forex broker will be reputable. The reputation of a broker depends on many things, but mostly on the company’s image. Any broker is owned by a specific financial provider, and if it is not recognised as being reliable, eventually you will see negative opinions expressed about its trading websites. However the company’s image is not the only thing that you need to consider. There are hundreds of websites where rating charts are given for trading platforms, as well. These ratings can be done by both real traders, who are customers of specific platforms and who discuss them in forums, or by experts, who have the necessary qualities and experience to comment on the official trading websites.
- Trading Platform
A solid trading platform is also a must for the broker to be worth your time. If the broker uses unknown software, it will be ignored by most traders, and especially beginners. Of course, if the trader is experienced enough, he will first check out how reliable the software is. Usually, however a broker’s platform should be powered by some of the most innovative software products like Webtrader or MetaTrader. However this is not the only factor to bear in mind, Today, customers demand more from their broker, and require platforms where mobile trading is also provided. In most cases, this is possible when the broker has either an official mobile version, or provides specially tailored apps for tablets and mobile platforms. Mobile trading is beneficial to traders because it provides them the chance to trade on the go, and this means they will never miss a chance of trading according to the latest market movements. Busy people with hectic lives prefer mobile trading over the traditional desktop experience, so brokers with a good reputation have both a traditional desktop platform and good mobile apps as well.
- Trading Features
An excellent set of trading features are also offered by the best Forex brokers in the industry. This is where different trading options can be involved. For instance, beginners will look for a broker that offers a learning centre and automatic signals, while more experienced and advanced traders prefer a site where a live streaming channel that shows the latest news is offered. If hedging and scalping are allowed, experienced traders are sure to be satisfied too. Trading features also include characteristics such as beneficial spreads, a high payout ratio, availability of all trading assets such as stocks, foreign currency pairs, indices and commodities, as well as educational materials or modern approaches to this fast and secure activity.
- Payment Methods
A variety of payment methods on offer is a good quality in a broker. Payment methods will affect both your investments and your profits. To trade with a broker, you will need to make deposit, with every broker having its own minimum deposit requirement. Therefore, if you are a beginner, you are sure to appreciate a broker with a low deposit amount. Withdrawal is the process of taking out your profits, and you should bear in mind that different brokers have their own requirements for making a withdrawal. Usually, there are restrictions as to the amount of the payment with both maximum and minimum levels, as well as the frequency which which you claim your profits. In some cases, brokers limit withdrawals within a certain period of time i.e. by week or by month. There are also sometimes fees charged on deposits and withdrawals, however the top rated brokers do not usually charge anything extra. As to the payment types themselves, the more variety offered on a platform, the better. Thus, the trader can choose one that best suits him. Payments via debit or credit card, as well as via bank wire transfer are common and can be found with any broker. But most traders today prefer to use electronic payment systems like PayPal, Netteller, WebMoney, Skrill, Moneybookers etc, and if these are also offered, the broker will have more clients.
The bonus system is the next thing that traders usually consider as a factor when deciding whether a broker is good or bad. Although we do not believe that a forex bonus should be the main feature you should look for, we do agree that it matters. We mention this because there are many new brokers with a reputation for scamming new clients, offering giant bonuses in order to attract more sign ups. The same thing happens when the broker begins losing its reputation and to save its current audience or to remove the negative feedback for its own platform, the company provides some exclusive promotions. Do not fall into this trap. Bonuses are great – especially those such as the no deposit bonus or the refer a friend program – but they should not be the sole way of forming your opinion of a broker without taking into account the rest of the features we have mentioned to you above.
- More Pros Than Cons
Most of today`s Forex broker reviews have specially tailored sections listing their pros and cons. The pros are the best features of the broker, while the cons are the worst. This is a short and brief examination of the trading platform showing its strong and weak points. If the pros are more than the cons you can be sure that the broker is reliable and you should always read this section of a Forex broker review to make a quick evaluation of what you will have to deal with.
- Customer Support
Good customer support services is the last thing we would suggest is an indicator of the best possible forex brokers. The customer support team is your direct connection to the the broker. This team is composed of customer support representatives that talk to you when you need additional information about the broker or about a certain feature that they provide. They are also supposed to respond if you have any issue with the financial website that you need to resolve. Top rated Forex brokers provide 24/7 customer support services, so you can always rely on the support team no matter what day it is or what time it is. But the language also matters. By language, we mean the list of the languages the customer support services provide. Of course, any broker offers English support, but do all traders speak it? All of this means that a decent broker must take this into consideration and provide multiple languages for the customer support services to meet everyone`s needs regardless of their nationality and verbal knowledge. Last, but not least, there is something else that matters when it comes to good customer support services from the best Forex brokers today – the methods of communication. These are the approaches that a client can choose from to reach someone from the support team. The most common communication methods are phone calls, preferably 100% free, or e-mails. Of course, when it comes to an emergency situation, it would be nice for the trading site to have the convenient and modern option of live chat for instant questions and answers.
|Top Forex Brokers List|
|9.6/10||XTrade||60%||30 days||CySEC||Read more about Xtrade|
|9.4/10||XM||100%||30 days||CySEC||Read more about XM|
|9.3/10||HYCM||$5000||60 days||FSA||Read more about HY Markets|
|9.3/10||Avatrade||40%||1 year||MiFID||Read more about Avatrade||9.2/10||ETX Capital||$20 No Deposit||1 year||FCA UK||Read more about ETX Capital|
|9.2/10||Instaforex||250%||1 year||FFMS||Read more about Instaforex|
|9.1/10||Fresh Forex||35%||1 year||CRFIN||Read more about Fresh Forex|
|9/10||Easy Forex||$2000||1 year||CySEC||Read more about Easy Forex|
|9/10||Markets.com||$2000||1 year||CySEC||Read more about Markets.com|
|8.9/10||Plus500||Up to $10,000 per T&Cs||1 year||CYSEC||Read more about Plus500|
|8.8/10||eToro||Up to $1000||1 year||CySEC, FCA||Read more about eToro|
|8.8/10||FBS||100%||1 year||IFSC||Read more about FBS|
|8.8/10||HotForex||100%||1 year||CySEC||Read more about HotForex|
|8.9/10||Forex4you||100%||1 year||FSC||Read more about Forex4you|
|8.8/10||IronFX||Up to $10,000||1 year||CySEC||Read more about IronFX|
|8.8/10||Keystock||50%||1 year||HCMC||Read more about Keystock|
|8.8/10||OctaFX||50%||1 year||FCA||Read more about OctaFX|
|8.8/10||Trade.com||N/A||1 year||CySEC||Read more about Trade.com|
|8.8/10||xCFD||100%||1 year||FCA||Read more about xCFD|
|8.8/10||CM Trading||20%||1 year||FSB||Read more about CM Trading|
|5/10||UFX||N/A||1 year||FCA||Read more about UFX|
How To Find the Top Rated Forex Brokers On The Internet
Unfortunately, we are not able to provide you with a precise list of the best Forex brokers. This is impossible as each trader has his or her own preferences, requirements or demands for a specific trading platform. All of this means that you need to consider for yourself what you are looking for and what you want to see in a broker’s website. However, when you know what you require, you can choose one of these approaches to search for a trading platform on which to register and trade.
Read Forex broker reviews. There are many websites that provide these reviews, and we also provide our own reviews which will never recommend a scam broker but only give you top rated Forex brokers. A Forex broker review shows the information of a specific trading platform in brief, so it does not only tell you which broker is safe to use and which is not, but it will also provide you with some preliminary facts that you should know before registering. For example, if you hear of a broker that is profitable, your first reaction may be to visit its website to make an official registration and open an account there. However in attempting to do this, you may realise that you cannot use this site – either because the broker restricts citizens for your country, or because there are no deposit methods listed that you can use. Well, a Forex broker review will provide you with this information in advance so you won’t lose any precious time.
Do your own research. You can find out which are the best Forex brokers on the market by doing your own research. Of course, it will take time, but it will not be spent in vain. The research will require you to evaluate the different brokers you see on the net and to check out their features, and when you do that you will know what to expect from that broker. But how do you carry out your research? Well, it is quite simple. Visit forums that have trader discussions and see what the big traders are talking about. Make a list of the most discussed brokers and start investigating them one by one. Visit rating pages with expert opinions who have discussed the same trading platforms as well, and eventually, you will end up with a list of around 10 to 20 brokers. Start visiting their official websites and see which will finally suit your needs.
- Google Keywords
When doing online research for the best Forex brokers on the market today, use a browser search and see what Google might suggest as the most beneficial trading platforms that you can check out. Use common keywords such as “top rated Forex brokers”, “the best Forex brokers”, “top Forex brokers”, “Forex trading brokers”, “trusted Forex brokers” etc. Eventually, you will produce a list that you can use, but it might be longer than the one from the previous point. When you have your list in front of you, you can again start visiting the pages. Have small investments to deposit with each broker and make a few trades with each one to see how convenient and reliable their trading environment is. Of course, this kind of search for trusted Forex brokers might sound too risky and too expensive, and if so, do not worry, as there is a free alternative for you. Some of the brokers you have on your list of Google`s top brokers may offer the great feature of a demo account. A demo account is great as it offers you the chance to make free trades, and to test the broker without investing or risking your own funds. A demo account requires an official registration on the site, but does not require any minimum deposit. You just use it to make trades which you cannot lose or win, as they are only for practice. You should also use the demo account feature if you are a beginner, as at some point the theory will probably become too much for you and you will want to practice what you have learned. The best way to do this with zero risk is to use a demo account. Last, but not least, you should be aware that a demo account will not last not forever. It has a specific trial period and usually it takes up to 2 months for a trader to get used to the platform. Then, he or she will be required to make their first deposit in order to remain on the website as an official customer with an official account.
Other Regulated Forex Brokers and Sites
|Broker||Min Deposit||Regulation||Bonus||Read More||Visit Site|
|NoaFX||$10||FSP||N/A||Read Review||Visit Broker|
|FxCitizen||$10||FMA||Up to 100%||Read Review||Visit Broker|
|FxUnited||$25||FSPR||100%||Read Review||Visit Broker|
|LAND FX||$300||FCA||no bonus||Read Review||Not Verified|
|Abshire-Smith||$500||FCA||no bonus||Read Review||Not verified|
|ActivTrades||$100||FCA||no bonus||Read Review||Not verified|
|Admiral Markets||$200||FCA||no bonus||Read Review||Not verified|
|ADS Securities London||$200||FCA||no bonus||Read Review||Not verified|
|Atom8||$5000||FCA||no bonus||Read Review||Not verified|
|AxiTrader||$1||FCA||no bonus||Read Review||Not verified|
|FOREX TREND||$20||FSP||No Bonus||Read Review||Not verified|
|City Credit Capital||$500||FCA||no bonus||Read Review||Not verified|
|Valutrades||$100||FCA||no bonus||Read Review||Not verified|
|CMC Markets||$200||FCA||no bonus||Read Review||Not verified|
|Darwinex||$500||FCA||no bonus||Read Review||Not verified|
|DF Markets||$1||FCA||no bonus||Read Review||Not verified|
|FOREX.com||$250||FCA||no bonus||Read Review||Not verified|
|FXCM||$50||FCA||no bonus||Read Review||Not verified|
|FXOpen||$300||FCA||no bonus||Read Review||Not verified|
Payment and deposit methods at the brokers
Forex Brokers by countries
Forex brokers types by accounts, platforms or processing of trades
Forex Brokers by regulation authority
Forex bonuses and contests
The top rated Forex brokers are waiting for you, and all you need is to find them and then to make an official registration on their website. When you do that, you can finally start your trading experience and start earning money from the financial markets. Although we appreciate your enthusiasm, we do not want you to experience any disappointment, so we feel that we should warn you that the big money and profits do not come immediately. Traders work for years to reach a level of experience that can replace regular jobs and bring more funds to their family or personal budget. But have faith. One day you will become just like these people, it just takes time and experience – nothing else! We hope you’ll soon become a successful trader too!
Top rated Forex bonus offers
Awesome $30 no deposit bonus to try XM services without risking your own money!
XTrade offers $20 no deposit bonus. Can you make them into thousands of dollars?
Up to $5000
Enormous $5000 deposit bonus, that will help you to reach the stars!
Our best no deposit offer – up to $100 from Instaforex! Go get them now!