Our Top Brokers

There are hundreds of Forex brokers worldwide, offering a wide range of trading platforms. It is not easy to pinpoint the best Forex trading platform since personal preference is a big factor in choosing a platform.  There are, however, a myriad of factors to consider in understanding and choosing a Forex trading platform. To make it easier for Forex traders to better understand what’s out there, we have put together a list of the top FX trading platforms.

 

Broker
Rating
Regulated
Bonus
Min. Deposit
Avg. Returns
1.
FP Markets

CFTC, NFA

up to 100%

$50

70% - 90%

2.
Alpari

FSA

up to 100%

N/A

70% - 90%

3.
OctaFX

FSA

up to 100%

$5

70% - 90%

4.
Xtb

BaFin, CNMV in Spain, CySEC, FCA, IFSC

up to 100%

$ 250

70% - 90%

5.
EightCap

ASIC

up to 100%

$100

70% - 90%

 

How to choose a Forex broker

To ease the process, we’ve tested and reviewed dozens of the top Forex brokers and compiled our findings into thorough Forex brokers reviews. But don’t just take our word for it – each Forex broker review also includes feedback from real traders, so that you can make a comfortable, informed decision.[/two-cols-last]
Broker
Rating
Regulated
Bonus
Min. Deposit
Avg. Returns
1.
OctaFX

FSA

up to 100%

$5

70% - 90%

2.
Alpari

FSA

up to 100%

N/A

70% - 90%

3.
FP Markets

CFTC, NFA

up to 100%

$50

70% - 90%

4.
EightCap

ASIC

up to 100%

$100

70% - 90%

5.
Xtb

BaFin, CNMV in Spain, CySEC, FCA, IFSC

up to 100%

$ 250

70% - 90%

How to choose

Trading forex and making a profit is possible albeit difficult. It’s possible if you work hard and persist. However, if you chose the wrong forex brokers trading gets more difficult. There are plenty of good, honest, and trustworthy brokers out there, many of which are well known in the industry. But, there are also crooks who make trading difficult for traders using tricks to get at your hard earned profits.

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Regulation/Licences

One of the main concerns for the forex traders is the safety of their funds.

Reputation

Proper regulation offers you peace of mind.

Deposits and withdrawals

Having quick access to your cash is a basic requirement in all investments, whether withdrawing or depositing funds.

Trading Costs

When discussing the trading costs for a forex broker, the first things you need to think of are the spread, rollover costs (swap, commission), and interest costs.

Educational Materials and Trading Tools

Another important consideration for novice traders is the training provided by your forex broker. Many brokers will provide a combination of articles, ebooks, videos, e-courses, webinars, and seminars free of charge. Note that the quality of these materials can vary greatly.