Recommended Forex Brokers

Learning about Forex trading principles, strategies and theory is indisputably important. But choosing the right Forex broker is just as critical to ensure the success of your trading career. When looking for the right broker, it’s important to consider the 3 R’s – regulation, reputation and reliability.

In addition, it’s a good idea to consider the broker’s spreads, execution times and available platforms. Don’t be afraid to commit – all of the top Forex brokers offer a demo account where you can test your skills and assess how well the broker’s services work.

Reading Forex broker reviews is a great way to learn more about any Forex broker without having to test it yourself. Once you’ve narrowed down your options, you can try each of your top choices to determine which Forex broker is truly best for you. The recommended brokers list below is powered by DailyForex.com, a leading provider of Forex broker information to traders worldwide.

 
RankBroker's NameMinimum DepositDeposit BonusType of PlatformMaximum LeverageRegulationRatingMore Info.
1 Markets $100 $2000 MetaTrader 4, Sirix, Proprietary platform 1:200 CySEC, MiFID

9.7/10
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2 FXCM $50 None MetaTrader 4, Proprietary platform 1:200 FCA, NFA, ASIC, SFC, ACP Accepts US clients
Accepts US clients

9.5/10
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3 AvaTrade $100 $40-$5000 MetaTrader 4, Proprietary platform, Web-based 1:400 MiFID, Central Bank of Ireland, ASIC, FSC

9.3/10
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4 FOREX $250 None MetaTrader 4, Proprietary platform 1:50 FCA, NFA Accepts US clients
Accepts US clients

9.3/10
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5 ETX Capital $100 50% of your first deposit, up to £5,000 MetaTrader 4, Proprietary platform 1:400 FCA

9.1/10
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6 Trio Markets $500 Up to $5000 MetaTrader 4, Sirix 1:300 CySEC

9.0/10
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7 Orbex $500 None None 1:500 CySEC

8.9/10
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8 FXCC $100 100% Double Up Bonus MetaTrader 4 1:300 CySEC, MiFID, FCA, ICF

8.8/10
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9 Plus500 €100 $100 Proprietary platform 1:200 CySEC, Financial Conduct Authority (FCA), ASIC

8.4/10
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10 FxPro $500 None MetaTrader 4, MetaTrader 5, cTrader, Web-based 1:500 CySEC, MiFID, FCA

8.3/10
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