Top Forex brokers: ranking and honest reviews from expert traders (2024)

We are a team of experts with decades of trading experience and we share our experience with beginners and mature traders by picking up the best Forex and CFD brokers and making our very own informative and independent reviews you can trust to.

Check out our ranking of the world’s best Forex and CFD brokers.

With the help of our filter, both experienced traders and complete beginners can find the most suitable broker to satisfy their trading needs.

Country

Any

Min. deposit

Any

Demo account

iOS

Android

Own Platform

Web Platform

ZuluTrade

DupliTrade

cTrader

eSignal

NinjaTrader

MetaTrader 5

MetaTrader 4

Energies

ETF

Metals

Bonds

FX Options

Indices

Commodities

Stocks

Forex

CFD

Crypto

CopyTrading

MAM

PAMM

Bank Transfer

Maestro

GiroPay

ZCash

TC Pay

ThunderXPay

SticPay

PayU

Nganluong

GlobePay

Bitcoin

Sofort

BitPay

VLoad

OrangePay

FasaPay

JCB

M-Pesa

Trustly

iDEAL

UnionPay

Boleto

WeChat Pay

Jeton

AstroPay

Yandex Money

QIWI

Perfect Money

AdvCash

ClickPay

WebMoney

Rapid

PayPal

Klarna

Credit/Debit Cards

Neteller

Wire

Skrill

FMA

FSC

CNMV

KNF

IIROC

MAS

VFSC

AFSL

MiFID

FCA

DFSA

ISA

ADGM

FFA of Japan

FSA of Japan

FSCA of South Africa

Central Bank of Ireland

CFTC

FSA UK

SVGFSA

FSA Seychelles

FSC Mauritius

CoFTRA

CySEC

CIMA

FSC of BVI

IFSC

ASIC

AFSC

Min. deposit

Min. Spread

0.0

Bonus

Open accountReview

Max. leverage

1:500

Used by

Trading platforms

Own Platform

Web Platform

MetaTrader 5

MetaTrader 4

Deposit methods

Bank Transfer, FasaPay, Credit/Debit Cards, Neteller, Skrill

Regulated by

FMA

FSA Seychelles

Min. deposit

Max. leverage

1:500

Bonus

Used by

Min. Spread

0.0

Trading platforms

Own Platform

Web Platform

MetaTrader 5

MetaTrader 4

Deposit methods

Bank Transfer, FasaPay, Credit/Debit Cards, Neteller, Skrill

Regulated by

FMA

FSA Seychelles

Broker type

Forex

Open account

Read full review

Min. deposit

Min. Spread

0.5

Bonus

Open accountReview

Max. leverage

1:500

Used by

656997+

Trading platforms

Own Platform

MetaTrader 4

MetaTrader 5

Web trader

Deposit methods

Bank Transfer, PayPal, Credit/Debit Cards, Neteller, Skrill

Regulated by

FSC

CNMV

KNF

FCA

CySEC

Min. deposit

Max. leverage

1:500

Bonus

Used by

656997+

Min. Spread

0.5

Trading platforms

Own Platform

MetaTrader 4

MetaTrader 5

Web trader

Deposit methods

Bank Transfer, PayPal, Credit/Debit Cards, Neteller, Skrill

Regulated by

FSC

CNMV

KNF

FCA

CySEC

Broker type

Forex & CFDs

Open account

Read full review

Min. deposit

Min. Spread

0.5

Bonus

Open accountReview

Max. leverage

1:30

Used by

30000000+

Trading platforms

Own Platform

MetaTrader 4

MetaTrader 5

Web trader

Deposit methods

Trustly, iDEAL, Rapid, PayPal, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill

Regulated by

FCA

CySEC

ASIC

Min. deposit

Max. leverage

1:30

Bonus

Used by

30000000+

Min. Spread

0.5

Trading platforms

Own Platform

MetaTrader 4

MetaTrader 5

Web trader

Deposit methods

Trustly, iDEAL, Rapid, PayPal, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill

Regulated by

FCA

CySEC

ASIC

Open account

Read full review

Min. deposit

250$

Min. Spread

0.7

Bonus

Open accountReview

Max. leverage

1:1000

Used by

1000000+

Trading platforms

Web Platform

MetaTrader 5

MetaTrader 4

Deposit methods

Maestro, GiroPay, iDEAL, PayPal, Credit/Debit Cards, Skrill

Regulated by

FCA

CySEC

Min. deposit

250$

Max. leverage

1:1000

Bonus

Used by

1000000+

Min. Spread

0.7

Trading platforms

Web Platform

MetaTrader 5

MetaTrader 4

Deposit methods

Maestro, GiroPay, iDEAL, PayPal, Credit/Debit Cards, Skrill

Regulated by

FCA

CySEC

Open account

Read full review

Min. deposit

Min. Spread

0.5

Bonus

Open accountReview

Max. leverage

1:1000

Used by

2500000+

Trading platforms

MetaTrader 5

MetaTrader 4

Web trader

Deposit methods

BitPay, VLoad, FasaPay, UnionPay, Perfect Money, WebMoney, Credit/Debit Cards, Neteller, Wire, Skrill

Regulated by

FCA

DFSA

FSCA of South Africa

SVGFSA

FSA Seychelles

Min. deposit

Max. leverage

1:1000

Bonus

Used by

2500000+

Min. Spread

0.5

Trading platforms

MetaTrader 5

MetaTrader 4

Web trader

Deposit methods

BitPay, VLoad, FasaPay, UnionPay, Perfect Money, WebMoney, Credit/Debit Cards, Neteller, Wire, Skrill

Regulated by

FCA

DFSA

FSCA of South Africa

SVGFSA

FSA Seychelles

Open account

Read full review

Min. deposit

Min. Spread

0.1

Bonus

Open accountReview

Max. leverage

1:1000

Used by

3500000+

Trading platforms

Own Platform

MetaTrader 5

MetaTrader 4

Web trader

Deposit methods

Regulated by

FCA

DFSA

FSCA of South Africa

FSA UK

SVGFSA

Min. deposit

Max. leverage

1:1000

Bonus

Used by

3500000+

Min. Spread

0.1

Trading platforms

Own Platform

MetaTrader 5

MetaTrader 4

Web trader

Deposit methods

Regulated by

FCA

DFSA

FSCA of South Africa

FSA UK

SVGFSA

Open account

Read full review

Min. deposit

10$

Min. Spread

0.5

Bonus

Open accountReview

Max. leverage

1:1000

Used by

48000000+

Trading platforms

Own Platform

MetaTrader 4

MetaTrader 5

Web trader

Deposit methods

UnionPay, Boleto, WeChat Pay, Jeton, AstroPay, Yandex Money, QIWI, Perfect Money, AdvCash, ClickPay, WebMoney, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill

Regulated by

CySEC

Min. deposit

10$

Max. leverage

1:1000

Bonus

Used by

48000000+

Min. Spread

0.5

Trading platforms

Own Platform

MetaTrader 4

MetaTrader 5

Web trader

Deposit methods

UnionPay, Boleto, WeChat Pay, Jeton, AstroPay, Yandex Money, QIWI, Perfect Money, AdvCash, ClickPay, WebMoney, Klarna, Credit/Debit Cards, Neteller, Wire, Skrill

Regulated by

CySEC

Open account

Read full review

Min. deposit

100$

Min. Spread

Variable

Bonus

Open accountReview

Max. leverage

1:30

Used by

430000+

Trading platforms

Own Platform

Web Platform

MetaTrader 4

MetaTrader 5

Deposit methods

Trustly, iDEAL, PayPal, Klarna, Credit/Debit Cards, Skrill

Regulated by

MAS

FCA

FSA Seychelles

CySEC

ASIC

Min. deposit

100$

Max. leverage

1:30

Bonus

Used by

430000+

Min. Spread

Variable

Trading platforms

Own Platform

Web Platform

MetaTrader 4

MetaTrader 5

Deposit methods

Trustly, iDEAL, PayPal, Klarna, Credit/Debit Cards, Skrill

Regulated by

MAS

FCA

FSA Seychelles

CySEC

ASIC

Open account

Read full review

Min. deposit

10$

Min. Spread

0.2

Bonus

Open accountReview

Max. leverage

1:777

Used by

6500000+

Trading platforms

MetaTrader 5

MetaTrader 4

Web trader

Deposit methods

ThunderXPay, SticPay, VLoad, JCB, UnionPay, Credit/Debit Cards, Neteller, Wire, Skrill

Regulated by

IFSC

Min. deposit

10$

Max. leverage

1:777

Bonus

Used by

6500000+

Min. Spread

0.2

Trading platforms

MetaTrader 5

MetaTrader 4

Web trader

Deposit methods

ThunderXPay, SticPay, VLoad, JCB, UnionPay, Credit/Debit Cards, Neteller, Wire, Skrill

Regulated by

IFSC

Open account

Read full review

Min. deposit

Min. Spread

0.4

Bonus

Open accountReview

Max. leverage

1:1000

Used by

2000000+

Trading platforms

MetaTrader 5

MetaTrader 4

Web trader

Deposit methods

ZCash, TC Pay, Nganluong, GlobePay, Bitcoin, VLoad, FasaPay, UnionPay, Perfect Money, AdvCash, WebMoney, Credit/Debit Cards, Neteller, Wire, Skrill

Regulated by

FCA

FSC Mauritius

Min. deposit

Max. leverage

1:1000

Bonus

Used by

2000000+

Min. Spread

0.4

Trading platforms

MetaTrader 5

MetaTrader 4

Web trader

Deposit methods

ZCash, TC Pay, Nganluong, GlobePay, Bitcoin, VLoad, FasaPay, UnionPay, Perfect Money, AdvCash, WebMoney, Credit/Debit Cards, Neteller, Wire, Skrill

Regulated by

FCA

FSC Mauritius

Open account

Read full review

Min. deposit

10$

Min. Spread

0.01

Bonus

Open accountReview

Max. leverage

1:100

Used by

70000000+

Trading platforms

Own Platform

MetaTrader 4

MetaTrader 5

Web trader

Deposit methods

OrangePay, FasaPay, JCB, M-Pesa, UnionPay, Yandex Money, QIWI, Perfect Money, WebMoney, Credit/Debit Cards, Neteller, Wire, Skrill

Regulated by

VFSC

SVGFSA

Min. deposit

10$

Max. leverage

1:100

Bonus

Used by

70000000+

Min. Spread

0.01

Trading platforms

Own Platform

MetaTrader 4

MetaTrader 5

Web trader

Deposit methods

OrangePay, FasaPay, JCB, M-Pesa, UnionPay, Yandex Money, QIWI, Perfect Money, WebMoney, Credit/Debit Cards, Neteller, Wire, Skrill

Regulated by

VFSC

SVGFSA

Open account

Read full review

Min. deposit

50$

Min. Spread

0.1

Bonus

Open accountReview

Max. leverage

1:2000

Used by

2000000+

Trading platforms

MetaTrader 5

MetaTrader 4

Web trader

Deposit methods

PayU, Nganluong, GlobePay, VLoad, FasaPay, QIWI, Perfect Money, Wire, Skrill

Regulated by

FSC Mauritius

Min. deposit

50$

Max. leverage

1:2000

Bonus

Used by

2000000+

Min. Spread

0.1

Trading platforms

MetaTrader 5

MetaTrader 4

Web trader

Deposit methods

PayU, Nganluong, GlobePay, VLoad, FasaPay, QIWI, Perfect Money, Wire, Skrill

Regulated by

FSC Mauritius

Open account

Read full review

Top Forex brokers: ranking and honest reviews from expert traders (2024)

FAQs

Who is the most trusted forex broker? ›

Best Forex Trading Platforms in 2024

PrimeXBT: Best Forex trading platforms Overall.
Lite Forex: Best for CFDs on Commodities.
JustForex: Best for Multi Assets.
FXTM: Best With High Floating Leverage and Fast Execution.
PLUS500: Best Option to Trade CFDs.
AvaTrade: Best Forex Trading Platforms for Leverage.

More items...

Jan 19, 2024

Read On ›

Who is the No 1 forex trader? ›

George Soros is undoubtedly one of the most successful forex traders in the world. His bold and aggressive trading style has earned him a place in history, and his philanthropic efforts have made a positive impact on many lives. However, his controversial reputation may not sit well with some investors.

Discover More Details ›

What broker do professional forex traders use? ›

Best Forex Brokers

Best Overall, Best for Range of Offerings	CMC Markets
Best Forex Broker for Advanced Traders	Saxo Capital Markets
Best Forex Broker for Low Costs	XTB Online Trading
Best Forex Broker for U.S. Traders	IG
Best Forex Broker for Trading Experience	Pepperstone

1 more row

Who is the best US forex broker? ›

Our research and analysis found these to be the best forex brokers for U.S. traders:

OANDA - Best US Forex broker overall.
Forex.com - Lowest spread Forex broker.
IG - Best Forex broker for beginner traders.
Interactive Brokers - Best Broker commission rates.
TD Ameritrade - Best U.S.-Based customer support.

More items...

Dec 19, 2023

See Details ›

Which broker do most traders use? ›

Best brokers for day trading

Interactive Brokers.
E*TRADE from Morgan Stanley.
Fidelity.
Webull.
Robinhood.
TradeStation.

Find Out More ›

Who is the most accurate trader? ›

Determining the "most accurate" forex trader in the world can be a bit of a sticky wicket, given the secretive nature of personal trading records and the sheer number of traders operating globally. However, one can hardly overlook George Soros, who is often hailed as a paragon of currency trading prowess.

Tell Me More ›

Who is the most successful forex trading? ›

The Best Forex Traders in the World

George Soros. We start our list of the best Forex traders in the world by looking at one of the most legendary figures in Forex trading history, George Soros. ...
Paul Tudor Jones. ...
Stanley Druckenmiller. ...
Bill Lipschutz. ...
Michael Marcus. ...
Andrew Krieger.

Mar 25, 2024

Show Me More ›

Who is the master of forex trading? ›

George Soros rose to international fame when he broke the Bank of England in 1992. Stanley Druckenmiller worked with Soros on the notorious Bank of England trade.

Explore More ›

How do I choose a legit forex broker? ›

In this article, we look at five things to consider when choosing the broker that is right for you.

Regulatory Compliance. The first thing to check when selecting a forex broker is their reputation. ...
Account Features. ...
Currency Pairs Offered. ...
Customer Service. ...
Trading Platform.

Which forex broker is legal in the US? ›

Based on the CFTC's own data, the following brokers offer legal forex trading in the U.S.: tastyfx - Legally available to retail clients in the U.S. FOREX.com - Legally available to retail clients in the U.S. OANDA - Legally available to retail clients in the U.S.

Show Me More ›

What broker should I use as a beginner forex trader? ›

Overview of the best forex brokers for beginners

Broker	FX commission per lot
Forex.com	No commission is charged
eToro	No commission is charged
Interactive Brokers	Trade value less than $1 billion: 0.2 bps * trade value; min. $2
IG	No commission is charged

6 more rows

Jul 16, 2024

Read The Full Story ›

Which is the safest forex broker? ›

Winner: IG

This fantastic all-round experience makes IG the best overall broker in 2024. Trust: Founded in 1974, IG is publicly traded (LON: IGG) and regulated in eight Tier-1 jurisdictions, making it a Highly Trusted broker for forex and CFDs trading.

See Details ›

Who is the greatest forex trader of all time? ›

Top 10 Most Successful FOREX Traders in the World

George Soros. George Soros, often referred to as the «Man Who Broke the Bank of England», is an iconic figure in the world of forex trading. ...
Paul Tudor Jones. ...
Bill Lipschutz. ...
Stanley Druckenmiller. ...
Michael Marcus.

Get More Info Here ›

Who is the richest forex trader in USA? ›

Who are the Top 9 Richest Forex Traders of All-Time (for 2024)

No.	Trader	Net worth
1.	Ray Dalio	15.4 billion
2.	Paul Tudor Jones	$8.1 billion
3.	Bruce Kovner	$7.7 billion
4.	Joe Lewis	$7.59 billion

7 more rows

Dec 5, 2022

Can you trust forex brokers? ›

Yes, you can be scammed when trading forex. Unfortunately, there are countless forex scam brokers (and many other forex scams –on the internet.

What is the safest forex to trade? ›

List of Top 10 Stable Currency Pairs

EUR/USD. The EUR/USD currency pair takes the largest portion of the overall trading volume. ...
GBP/USD. GBP/USD is another heavily traded currency pair. ...
USD/JPY. USD/JPY is the second most traded currency pair. ...
USD/CAD. ...
AUD/USD. ...
USD/CNY. ...
USD/CHF. ...
GBP/JPY.

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