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 Brokers.
CMC Markets: Best Overall and Best for Range of Offerings.
London Capital Group (LCG): Best for Beginners.
Saxo Capital Markets: Best for Advanced Traders.
XTB Online Trading: Best for Low Costs.
IG: Best for U.S. Traders.
Pepperstone: Best for Trading Experience.
Frequently Asked Questions.

More items...

What broker do professional forex traders use? ›

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.

View Details ›

Who is the best forex trader to learn from? ›

Top 10 best forex traders in the world 2024

George Soros. Known as the "Man Who Broke the Bank of England," George Soros is a Hungarian-born American billionaire investor and philanthropist. ...
Stanley Druckenmiller. ...
Bill Gross. ...
Ray Dalio. ...
Carl Icahn. ...
John Templeton. ...
Warren Buffett. ...
Charlie Munger.

More items...

Jan 2, 2024

Discover More Details ›

Which broker do most traders use? ›

Breaking Down the Best Stock Brokers

Stock Broker	Overall	Commissions & Fees
Fidelity	99	100
E*TRADE	97	90
Charles Schwab	97	90
Merrill Edge	94	90

13 more rows

Jan 23, 2024

Who is the No 1 forex trader? ›

1. 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. In any debate over who is the greatest Forex trader of all time, Soros is likely to feature prominently.

View Details ›

Which broker is most reliable? ›

Best Overall - Zerodha

Zerodha, a top discount broker, excels in trading and demat account services. Positive reviews, a user-friendly interface, affordable fees, diverse investment options, and useful features like technical indicators and advanced charting tools make it the best choice overall.

What is the safest forex broker? ›

What is the best forex broker in the U.S.? IG is the best forex broker in the U.S. in 2024. In addition to being regulated by the CFTC and a member of the NFA, IG is publicly traded, well-capitalized, and holds more regulatory licenses around the world than any of the 60+ forex brokers we review on ForexBrokers.com.

Read On ›

Who is the most consistent forex trader? ›

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.

Find Out More ›

Is expert option legit? ›

Overall ExpertOption is a trustworthy and low-risk broker with a high overall rating of 8 out of 10. ExpertOption is authorized and regulated by SVGFSA and offers leverage up to 1:500.

Who is the biggest forex broker in the world? ›

IC Markets is the largest forex broker by trading volume, with over $774 billion in forex trading volume in the third quarter of 2021 alone, according to data compiled by Finance Magnates. IC Markets is also well-known as an excellent option for algo trading due to its great pricing and execution.

Who is the best forex educator? ›

Marc Walton is a renowned Forex trader with years of experience. Over the past 10 years, he has guided thousands of students through his program”Forex Mentor Pro”. Students will not only get private coaching and learn about the complexities of Forex trading, but they will also learn how to make money from it.

Get More Info ›

Which is the most trusted brokerage in the world? ›

Best Online Brokerage Accounts and Trading Platforms of 2024

Best Overall: Fidelity.
Best for Low Costs: Fidelity.
Best for Beginners: Charles Schwab.
Best for Advanced Traders: Interactive Brokers.
Best for ETFs: Fidelity.
Best for Options Trading: tastytrade.
Best for International Trading: Interactive Brokers.

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View Details ›

Who is the number 1 broker in the world? ›

5 Largest Brokerage Firms of 2024

Stock Brokerage Firm	Assets under management*
Charles Schwab	$8.5 trillion
Fidelity Investments	$4.4 trillion
JPMorgan Chase & Co.	$3.9 trillion
Merrill Wealth Management	$1.3 trillion

1 more row

Jan 25, 2024

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What brokerage do most millionaires use? ›

Best Brokers for High Net Worth Individuals

Charles Schwab - Best for high net worth investors.
Merrill Edge - Best rewards program.
Fidelity - Best overall online broker.
Interactive Brokers - Great overall, best for professionals.
E*TRADE - Best web-based platform.

Mar 28, 2024

See Details ›

Which forex broker is best in the USA? ›

Find below the strengths of the best forex brokers available in the United States, updated for 2024:

Forex.com is the best forex broker in the United States in 2024 - Excellent selection of currency pairs. ...
Oanda - Great trading platforms. ...
IG - First-class web trading platform. ...
Interactive Brokers - Extremely low fees.

More items...

See Details ›

What is the safest forex trading? ›

LiteForex is one of the best Forex trading platforms that offer CFDs on various assets, including digital currencies, commodities, and stock indices. LiteForex provides trading services through its mobile app and web platform, including the popular MetaTrader platform for PC trading.

Get More Info Here ›

How do I know if a forex broker is legit? ›

How Do I Know If a Forex Broker Is Legit? You can ask the broker for their Retail Foreign Exchange Dealer (RFED) number. 10 You can also check with the National Futures Association or the Commodity Futures Trading Commission.

View Details ›