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.
CJC Markets lists leverage of —, spreads from — and a minimum deposit of $100. Trading runs on MetaTrader 4. 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 CJC Markets review →CIX Markets lists leverage of —, spreads from — and a minimum deposit of $250. Trading runs on MetaTrader 4. 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 CIX Markets review →Circle Markets lists leverage of —, spreads from — and a minimum deposit of $300. Trading runs on MetaTrader 4. 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 Circle Markets review →CIBfx lists leverage of —, spreads from — and a minimum deposit of $50. Trading runs on MetaTrader 4. 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 CIBfx review →CFMerchants lists leverage of —, spreads from — and a minimum deposit of $200. Trading runs on MetaTrader 4. 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 CFMerchants review →CFI Markets lists leverage of —, spreads from — and a minimum deposit of $100. Trading runs on MT4. 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 CFI Markets review →CFDTimes lists leverage of —, spreads from — and a minimum deposit of $50. Trading runs on MetaTrader 4. 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 CFDTimes review →CedarFX lists leverage of —, spreads from — and a minimum deposit of $10. Trading runs on MT4 Desktop, Mobile, 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 CedarFX review →Cccapital lists leverage of —, spreads from — and a minimum deposit of $200. Trading runs on MetaTrader 4 (MT4). 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 Cccapital review →Capprofx lists leverage of —, spreads from — and a minimum deposit of $100. Trading runs on Meta trader 4. 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 Capprofx review →Capitalxtend lists leverage of —, spreads from — and a minimum deposit of $200. Trading runs on MetaTrader4, MT4 Android, MT4 iPhone Trader, MT4 iPad Trader. 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 Capitalxtend review →CapitalStreetFX lists leverage of —, spreads from — and a minimum deposit of $100. Trading runs on MetaTrader4 (MT4). 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 CapitalStreetFX review →Capital Index lists leverage of —, spreads from — and a minimum deposit of $0. Trading runs on MetaTrader4 (MT4). 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 Capital Index review →Capital lists leverage of —, spreads from — and a minimum deposit of $100. Trading runs on capital.com. 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 Capital review →Capex lists leverage of —, spreads from — and a minimum deposit of $100. Trading runs on Meta Trader 5, Mobile Trader, Web trader. 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 Capex review →Cabana Capitals lists leverage of —, spreads from — and a minimum deposit of $100. Trading runs on MetaTrader 4. 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 Cabana Capitals review →C.I.M Banque lists leverage of —, spreads from — and a minimum deposit of $100. Trading runs on MetaTrader 4 (MT4). 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 C.I.M Banque review →Bullseye Markets lists leverage of —, spreads from — and a minimum deposit of $50. Trading runs on MetaTrader4, Web, Mobile Platforms, IC Trade. 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 Bullseye Markets review →Brokerz lists leverage of —, spreads from — and a minimum deposit of $20000. Trading runs on MetaTrader 4. 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 Brokerz review →BRFXtrade lists leverage of —, spreads from — and a minimum deposit of $250. 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 BRFXtrade review →Blue Suisse lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on TradeMaster, MetaTrader 4, MetaTrader 5, Mobile. 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 Blue Suisse review →Blueberry Markets lists leverage of —, spreads from — and a minimum deposit of $100. Trading runs on MetaTrader 4. 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 Blueberry Markets review →Blackwell Trader lists leverage of —, spreads from — and a minimum deposit of $200. Trading runs on MetaTrader 4 (MT4). 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 Blackwell Trader review →BlackBull Markets lists leverage of —, spreads from — and a minimum deposit of $100. Trading runs on Meta trader 4. 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 BlackBull Markets review →Bforex lists leverage of —, spreads from — and a minimum deposit of $500. Trading runs on MetaTrader 4 (MT4). 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 Bforex review →B.I.C. Markets lists leverage of —, spreads from — and a minimum deposit of $100. Trading runs on BIC FX MT4 Terminal and BIC FX MT5 Terminal. 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 B.I.C. Markets review →AXNFX lists leverage of —, spreads from — and a minimum deposit of $100. 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 AXNFX review →AxiTrader lists leverage of —, spreads from — and a minimum deposit of $200. Trading runs on MetaTrader 4 (MT4). 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 AxiTrader review →AximTrade lists leverage of —, spreads from — and a minimum deposit of $1. Trading runs on MetaTrader4 (MT4), Web Platform and Mobile. 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 AximTrade review →AVFX lists leverage of —, spreads from — and a minimum deposit of $10. Trading runs on MetaTrader4, Iphone/Ipad, Windows, Android, Multi-Terminal, 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 AVFX 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.
.png)
CM
CM
CM
CI
CF.png)
CM
CF.png)
CE
CC
CA
CA
CA
CI
CA
CA.png)
CC
CB
BM.png)
BR
BR
BS
BM
BT
BM.png)
BF
BM
AX
AX
AX.png)
AV