Find a reliable forex broker with our expert reviews. Compare leverage, spreads, regulation, trading platforms and minimum deposit side by side — protect your money and make smarter trading decisions.
NFTFX lists leverage of —, spreads from — and a minimum deposit of $250. Trading runs on NFTFX for Android, iPhone, and webtrader. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full NFTFX review →Saxo Stock Inc. lists leverage of —, spreads from — and a minimum deposit of $100. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full Saxo Stock Inc. review →MetaDaxGlobal lists leverage of —, spreads from — and a minimum deposit of $250. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full MetaDaxGlobal review →CoinAdmirals Trading Services LLC lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full CoinAdmirals Trading Services LLC review →Fxbit-Traders lists leverage of —, spreads from — and a minimum deposit of $1000. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full Fxbit-Traders review →ETH Profits lists leverage of —, spreads from — and a minimum deposit of €10,000. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full ETH Profits review →Bull & Bear Trading Group lists leverage of —, spreads from — and a minimum deposit of $250. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full Bull & Bear Trading Group review →The CoinTrust lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full The CoinTrust review →AigMarkets lists leverage of —, spreads from — and a minimum deposit of €250. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full AigMarkets review →InteracInvestor lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on MetaTrader5. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full InteracInvestor review →OptimizeFunds lists leverage of —, spreads from — and a minimum deposit of €250. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full OptimizeFunds review →CTFX lists leverage of —, spreads from — and a minimum deposit of $250. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full CTFX review →MaxiWyse lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full MaxiWyse review →Buffets Finance lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full Buffets Finance review →SYETI lists leverage of —, spreads from — and a minimum deposit of $1000. Trading runs on Syeti trading platform. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full SYETI review →Cryptocamperltd lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on Cryptocamperltd, MetaTrader4, and MetaTrader5. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full Cryptocamperltd review →Probtc.online lists leverage of —, spreads from — and a minimum deposit of $2 BTC. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full Probtc.online review →BTG Capital lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full BTG Capital review →CH Markets lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on MetaTrader5 for Android, iOS, Windows, and webtrader. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full CH Markets review →Global Lex Services Co. Ltd lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full Global Lex Services Co. Ltd review →AAX lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on AAX Exchange for android and iOS. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full AAX review →ActivTrades lists leverage of —, spreads from — and a minimum deposit of $250. Trading runs on MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based and More. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full ActivTrades review →DACLAND CAPITAL LIMITED lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on MetaTrader 5 for android, iOS, and Windows. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full DACLAND CAPITAL LIMITED review →AUXI MARKET lists leverage of —, spreads from — and a minimum deposit of €5000. Trading runs on MetaTrader4. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full AUXI MARKET review →Athens Markets Limited lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full Athens Markets Limited review →TNT ROYAL LTD lists leverage of —, spreads from — and a minimum deposit of $3000. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full TNT ROYAL LTD review →24FX lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on MetaTrader4 and MetaTrader5. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full 24FX review →Wise 4X lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full Wise 4X review →GMT Investments lists leverage of —, spreads from — and a minimum deposit of $10000. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full GMT Investments review →Central Trades Group lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on Web Trading. Regulation status on file: No regulation listed. Because no valid licence is listed, treat this broker as high risk and test with a small amount first.
Read the full Central Trades Group review →No broker matches this filter. Try another search.
* Spreads and leverage are the lowest/highest figures advertised by each broker and can vary by account type and instrument. A red label means no valid licence is listed — trade with extra care.
A good broker keeps your money safe, executes orders fairly and lets you withdraw without problems. Use these eight checks before you open a live account.
Copy the licence number from the broker's footer and search it on the regulator's public register. The company name and web address must match. A licence you cannot verify is not a licence.
Look for segregated client accounts at a major bank and negative balance protection, so you can never lose more than your deposit.
Add the spread and the commission together. A "0.0 pip" account with $7 commission per lot can cost more than a 1.0 pip account with no commission.
High leverage magnifies losses as much as profits. Beginners are safer between 1:30 and 1:100, whatever maximum the broker advertises.
Make a small deposit, trade briefly and request a withdrawal. Fast, fee-free withdrawals are the clearest sign of a trustworthy broker.
Open a free demo on MT4, MT5 or cTrader and check execution speed, slippage and how the charts work on your phone.
Ask a specific question about fees or regulation. Quick, clear answers in your language show how the broker will treat you when something goes wrong.
Check the trading volume needed, the time limit and the maximum withdrawable profit. A bonus that locks your own deposit until you trade huge lots is a reason to say no.
Every broker on this page is scored on the same five areas. The editor rating (1–5 stars) is a weighted average, so a broker cannot score high on low spreads alone.
Where a broker is licensed decides how much protection you get. Top-tier regulators cap leverage and offer compensation schemes; offshore regulators allow high leverage but give far less protection.
| Regulator | Country | Tier | Retail leverage (majors) | Investor compensation |
|---|---|---|---|---|
| FCA | United Kingdom | Tier 1 | Up to 1:30 | FSCS, up to £85,000 |
| CySEC | Cyprus (EU) | Tier 1 | Up to 1:30 | ICF, up to €20,000 |
| ASIC | Australia | Tier 1 | Up to 1:30 | No forex compensation fund |
| FSA | Seychelles | Offshore | No fixed cap (often 1:1000+) | None |
| VFSC | Vanuatu | Offshore | No fixed cap | None |
| SVG FSA | St Vincent & the Grenadines | Registration only | Not supervised | None |
Send your orders to liquidity providers. Spreads can start from 0.0 pips with a commission per lot. Best for scalpers, EAs and active traders.
Take the other side of your trade. Fixed or wider spreads, usually no commission and small minimum deposits. Suits beginners and small accounts.
See STP/ECN brokers →A forex broker review is an independent check of a broker's regulation, leverage, spreads, trading platforms, minimum deposit, deposit and withdrawal methods and customer support. It helps you decide whether a broker is safe and suits your trading style before you open a live account.
Find the licence number on the broker's website, then search for it on the regulator's own public register (for example the FCA, CySEC, ASIC or the Seychelles FSA). The company name, website and licence number on the register should match the broker exactly.
Lower leverage is safer for most traders. High leverage such as 1:1000 or more lets you open bigger positions with less margin, but it also makes losses grow just as fast. Many regulators limit retail leverage to 1:30 for major currency pairs for this reason.
Many brokers in our list accept a first deposit of $50 to $250, and some start from $15. Start with an amount you can afford to lose completely, and check withdrawal fees and minimums as well as the deposit limit.
Unregulated brokers are not supervised by any authority, so there is no protection if they refuse withdrawals or close down. We label these brokers clearly in red. Prefer licensed brokers, and if you do test an unregulated one, use a small amount only.
The spread is the difference between the buy (ask) and sell (bid) price. It is the main trading cost. A spread of 0.0 pips usually comes on raw or ECN accounts, which charge a separate commission per lot.
MetaTrader 4 is simple and has the most indicators and expert advisors. MetaTrader 5 adds more timeframes, more markets and a built-in economic calendar. cTrader offers a modern interface and transparent ECN-style pricing. Most brokers let you try all of them on a free demo.
We review broker data regularly and update leverage, spreads, deposits and regulation whenever a broker changes its conditions. If you spot outdated information, contact us and we will check it.
Risk warning: Trading forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. Broker information on this page is collected from the brokers and may change; always confirm conditions on the broker's own website. Some links are sponsored.
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