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In BrokersView, you can find more than 2000+ forex brokers and 5000+ user reviews. Also, you can compare brokers with different dimensions like regulations, deposit & withdrawal, trading environment, etc and find the most suitable broker by different forex broker ranking lists.

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Best Forex Brokers

BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
8.4 /10

45 Reviews

BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
FXTM

48 Reviews

8.3 /10
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
Swissquote

42 Reviews

8.2 /10
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Forex.com

47 Reviews

8.4 /10
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OANDA

56 Reviews

7.8 /10
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
LMAX

10 Reviews

8.5 /10
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
Admiral Markets

23 Reviews

8.5 /10
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
Saxo Bank

2 Reviews

8.5 /10
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
8.5 /10
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
XTB

10 Reviews

8.4 /10

Q&A

Is JP Markets legitimate?Would you recommend to trade with this broker?
Balu Vietnam Oct 27, 2021
JP Markets is owned and operated by JP Markets SA (Pty) Ltd, a South Africa-based company once licensed and regulated by the Financial Services Conduct Authority (FSCA) under FSP No. 46855. Nevertheless, the regulatory status of this broker is currently abnormal as FSCA has provisionally suspended its license in accordance with section 11(1)(b). For more details about this broker, you can check our full JP Markets review. In terms of the validity of JP Markets, we argue that it is not proper to define it as a fraud, since this broker had run business in South Africa under regulation before the license was suspended and has been seeking for a chance to re-gain its license. Most importantly, FSCA said it would again look at JP Markets' license application, which means the broker would be quantified to deliver financial investment services once being approved. Overall, it is of certain risk to trade with JP Markets, and we would recommend to choose properly regulated brokers.
Could you please check if FIRST NOTCH TRADING is legit or fake as I could hardly find its regulatory details.
Jan Daley Katz United States Oct 28, 2021
FIRST NOTCH TRADING is NOT a legitimate broker and should be avoided at all events. There are several severe red flags on FIRST NOTCH TRADING's website. To start with, this broker presents zero details about its company information as well as necessary trading documents (i.e. terms and conditions, privacy policy, risk disclosure, etc.). Lacking for such vital information is already a huge red flag for potential traders. Besides, this broker claims to be guaranteed and regulated by the Securities and Exchange Commission (SEC). There are three organizations named SEC from different countries (the US, the Philippines and Nigeria), however, FIRST NOTCH TRADING doesn't clarify which SEC it is. According to its phone number +1 (910) 502-3617, which belongs to the US, this broker basically refers to the US SEC. However, the US SEC is not the regulator that approves licenses for brokers carrying out forex trading, and we didn't find such match in the registers of the US SEC, let alone regulatory authorities. So FIRST NOTCH TRADING is currently not regulated by any financial regulator. What's worse, the Spanish regulator CNMV has added FIRST NOTCH TRADING to the alert list to warn the public that this firm is not authorised to provide the investment services in the country. You can check full alert or warning here. As per the evidences above, our final verdict is that FIRST NOTCH TRADING is thoroughly a scam on account of running its business without any relevant license approved by a reputable regulator. Therefore, we would recommend traders to stay away from unregulated brokers and trade with licensed brokers.
What's your rating for Equiti? Thanks.
Ronaldo Mexico Nov 08, 2021
Equiti is regulated and licensed by the UK's Financial Conduct Authority (FCA) under firm reference number 528328 and Seychelles Financial Services Authority (FSA) with License No. SDR077. According to our users' reviews, Equiti is a reputable broker which was rated nine out of ten. For more details about this broker you can check our full Equiti review. As a FCA-licensed broker, Equiti is required to follow a series of rigorous rules and obligations, therefore operating in a relatively credible and transparent way with a secure trading environment. Hence, Equiti is considered to be a reliable broker by comparison with unregulated and weak-regulated brokers.
Is World Markets safe?
Jim United States Nov 15, 2021
World Markets is an UNLICENSED broker and should be avoided at all events. World Markets provides zero information about its regulation and company details, which is the biggest red flag for potential traders. In addition, this broker claims that it is registered in Seychelles, but we didn't find any registration information of this broker from the Seychelles Financial Services Authority (FSA). So World Markets is currently not regulated or overseen by any financial regulator. What's worse, the Italian regulator CONSOB, the UK's regulator FCA and the New Zealand's regulator FMA have successively added World Markets to the alert list to warn the public that this firm is not authorised to provide the investment services in their countries. You can check full alert or warning from CONSOB, FCA and FMA on World Markets respectively. As per the evidences above, our final conclusion is that World Markets is thoroughly a scam on account of running its business without any relevant license approved by a reputable regulator. Therefore, we would recommend traders to stay away from unregulated brokers and trade with licensed brokers.

Hottest Users Review

FP Markets
19 Reviews
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
anna
7.0 Good
They have many trading platform options.
InstaForex
31 Reviews
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
Amin
10 Outstanding
So far so good!! I started trading with the broker since last summer and I make profit continually. I did 12 withdrawals until now,every time I received within 6 hours. There were not any delay for th
ActivTrades
21 Reviews
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
paul
8.0 Very Good
nice broker , tight spreads, leverages between 1:1 and 1:400, Margins are dependent on your leverage and in general help to reduce your initial outlay so you always have control over your exposure. L
Forex.com
47 Reviews
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
Sapna
7.0 Good
Requotes are extremely rare.
InstaForex
31 Reviews
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
Manoj Mulani
8.0 Very Good
Reasonable spreads and fast withdrawal!
Alpari
29 Reviews
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
Franko
10 Outstanding
Thanks to the quick operation,easy deposit,and withdrawal option. Also,the customer service is also very helpful. After 8 months trading with them,I can truly say,Alpari is reliable and helpful.So I'm
CPT Markets
15 Reviews
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
Mario Vega
10 Outstanding
Compared to other platforms, CPT is much better when talking about trading environment--smooth withdrawal, less deposit, small trading size and good Stop-Loss.
Forex.com
47 Reviews
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
AndreeaP
10 Outstanding
Very reliable.
RoboForex
25 Reviews
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
Kay
8.0 Very Good
Their 24/7 support services are helpful.
FXCM
45 Reviews
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
FXEnjoyment
10 Outstanding
I have been trading with FXCM for nearly 6 months and think they are an excellent broker. Their offer tight spreads and fast execution. I have been impressed by the quality of service I have received
HotForex
16 Reviews
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
Mario Vega
8.0 Very Good
My account performs very well, the spread is okay. Decent execution, no complaints so far. But I haven't withdrawn funds in hotforex yet, I will take a while to test the withdrawal.
Alpari
29 Reviews
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
Ma Cecilia Villa
4.0 Score
+17 pips slippage what a joke???
FP Markets
19 Reviews
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
anna
7.0 Good
They have many trading platform options.
InstaForex
31 Reviews
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
Amin
10 Outstanding
So far so good!! I started trading with the broker since last summer and I make profit continually. I did 12 withdrawals until now,every time I received within 6 hours. There were not any delay for th
ActivTrades
21 Reviews
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
paul
8.0 Very Good
nice broker , tight spreads, leverages between 1:1 and 1:400, Margins are dependent on your leverage and in general help to reduce your initial outlay so you always have control over your exposure. L
Forex.com
47 Reviews
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
Sapna
7.0 Good
Requotes are extremely rare.
InstaForex
31 Reviews
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
Manoj Mulani
8.0 Very Good
Reasonable spreads and fast withdrawal!
Alpari
29 Reviews
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
Franko
10 Outstanding
Thanks to the quick operation,easy deposit,and withdrawal option. Also,the customer service is also very helpful. After 8 months trading with them,I can truly say,Alpari is reliable and helpful.So I'm
CPT Markets
15 Reviews
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
Mario Vega
10 Outstanding
Compared to other platforms, CPT is much better when talking about trading environment--smooth withdrawal, less deposit, small trading size and good Stop-Loss.
Forex.com
47 Reviews
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
AndreeaP
10 Outstanding
Very reliable.
RoboForex
25 Reviews
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
Kay
8.0 Very Good
Their 24/7 support services are helpful.
FXCM
45 Reviews
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
FXEnjoyment
10 Outstanding
I have been trading with FXCM for nearly 6 months and think they are an excellent broker. Their offer tight spreads and fast execution. I have been impressed by the quality of service I have received
HotForex
16 Reviews
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
Mario Vega
8.0 Very Good
My account performs very well, the spread is okay. Decent execution, no complaints so far. But I haven't withdrawn funds in hotforex yet, I will take a while to test the withdrawal.
Alpari
29 Reviews
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
Ma Cecilia Villa
4.0 Score
+17 pips slippage what a joke???
FP Markets
19 Reviews
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
anna
7.0 Good
They have many trading platform options.
InstaForex
31 Reviews
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
Amin
10 Outstanding
So far so good!! I started trading with the broker since last summer and I make profit continually. I did 12 withdrawals until now,every time I received within 6 hours. There were not any delay for th
ActivTrades
21 Reviews
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
paul
8.0 Very Good
nice broker , tight spreads, leverages between 1:1 and 1:400, Margins are dependent on your leverage and in general help to reduce your initial outlay so you always have control over your exposure. L
Forex.com
47 Reviews
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
Sapna
7.0 Good
Requotes are extremely rare.
InstaForex
31 Reviews
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
Manoj Mulani
8.0 Very Good
Reasonable spreads and fast withdrawal!
Alpari
29 Reviews
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
Franko
10 Outstanding
Thanks to the quick operation,easy deposit,and withdrawal option. Also,the customer service is also very helpful. After 8 months trading with them,I can truly say,Alpari is reliable and helpful.So I'm
CPT Markets
15 Reviews
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
Mario Vega
10 Outstanding
Compared to other platforms, CPT is much better when talking about trading environment--smooth withdrawal, less deposit, small trading size and good Stop-Loss.
Forex.com
47 Reviews
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
AndreeaP
10 Outstanding
Very reliable.
RoboForex
25 Reviews
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
Kay
8.0 Very Good
Their 24/7 support services are helpful.
FXCM
45 Reviews
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
FXEnjoyment
10 Outstanding
I have been trading with FXCM for nearly 6 months and think they are an excellent broker. Their offer tight spreads and fast execution. I have been impressed by the quality of service I have received
HotForex
16 Reviews
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
Mario Vega
8.0 Very Good
My account performs very well, the spread is okay. Decent execution, no complaints so far. But I haven't withdrawn funds in hotforex yet, I will take a while to test the withdrawal.
Alpari
29 Reviews
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
Ma Cecilia Villa
4.0 Score
+17 pips slippage what a joke???

SCAM

SCAM
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
360Trade Center

360Trade Center makes messy and confusing statements on its website, which is quite dubious. First of all, 360Trade Center defines itself as an established broker with 9 years of online-trading, but its domain was just created on December 24, 2020. In addition, this broker claims to be regulated by the US Financial Services Authority (UFSA). In fact, however, the US regulator is the National Futures Association (NFA) rather than the so-called UFSA. And of course we didn’t find any regulation of 360Trade Center from NFA. So 360Trade Center is currently not regulated by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

SCAM
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
Advance Stox

The UK’s Financial Conduct Authority (FCA) added the company to its blacklist, saying that the firm is not authorized by it and is targeting people in the UK: https://www.fca.org.uk/news/warnings/advance-stox

SCAM
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
AF Index

On 14 December 2020, the Hong Kong's Securities and Futures Commission (SFC) has added AF Index to its alert list. It states that AF Index has failed to secure a license, yet is offering its services to citizens of the area: https://www.sfc.hk/en/alert-list/2664.

SCAM
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
COINEXX

COINEXX provides the minimum information about its company details and trading license, which is already a red flag for potential traders. According to the information presented on its MT5 software, this broker is operated by Coinexx Ltd, a UK-based company registered with Companies House. However, it doesn't mean the authorization of the Financial Conduct Authority (FCA), the regulator that approves licenses for the brokers in UK. The truth is, BrokersView didn't find any information about its regulation from FCA. So currently COINEXX is actually not regulated by any financial regulator. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

SCAM
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
EagleFX

EagleFX claims to be owned and operated by EagleFX Ltd, a company registered in Dominica. However, Dominica is a notorious offshore zone that does not regulate forex. So currently EagleFX is not regulated or not overseen by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

SCAM
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
AAFX Trading

AAFX Trading claims to be registered with SVG FSA under the registration number of 22916 and the company name of AAFXTRADING COMPANY LTD. However, BrokersView found that there is no matching records on SVG FSA website. Therefore, AAFX Trading is a scam broker, which also means that investors' funds in this broker is unsafe and cannot be protected by any laws.

SCAM
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
AGA Traders

BrokersView found AGA Traders Group is not regulated or not overseen by any financial regulator. That means investors’ funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

SCAM
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
Alainfx

Alainfx claims to be registered with SVG FSA under the registered number of 25672 as an International FOREX broker, but currently there is no information about this company could be found when we checked on SVG FSA. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Popular Forex Broker Rankings

BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
Swissquote
4.3K votes
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3.8K votes
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3.4K votes
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3.0K votes
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2.8K votes
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Forex Brokers Comparison Tool

Overall rating
Business Scope
Trading Cost
Trading Platforms
Support
Regulator
Type
Headquarters
Founded
Min Deposit
Max Leverage
7.1 /10 Good
7.3
7.1
7.0
7.3
FSCA, Seychelles FSA, FCA, CySEC
MM/DD
Cyprus
2008
1 USD
1:2000
7.7 /10 Good
7.7
7.2
7.6
8.1
IFSC
ECN, STP
Russia
2009
1 USD
1:3000
7.8 /10 Good
8.3
7.8
7.9
7.9
DFSA, IFSC, ASIC, FCA, CySEC
MM/DD
Cyprus
2009
5 USD
1:888

Rankings

Live Spread Comparison (EURUSD)

Lowest spread ranking

News

Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
Darwinex Suspends Trading on TRY Pairs

Darwinex​, the social trading focused Retail FX and CFDs broker, announced on Thursday that the trading on Turkish lira (TRY) pairs had been disabled until further notice.

Fazzaco
Nov 26, 2021
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
Capital.com, IG Group and Other 5 Companies are Hiring Now

In FX and CFD industry, Capital.com, IG Group, eToro and other companies have announced hiring plans this week. Let us look at what jobs they’re offering and what are the requirements.

Fazzaco
Nov 26, 2021
Foreign exchange brokers, ranking of foreign exchange brokers, foreign exchange agencies, foreign exchange platforms, foreign exchange broker platforms, foreign exchange trading
FCA Issues Warning Against Clone Firm of HYCM

The Financial Conduct Authority (FCA) Thursday issued a warning against a clone firm of HYCMFX. According to the regulator, fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:

Fazzaco
Nov 26, 2021
BrokersView provides foreign exchange investors with foreign exchange dealers, foreign exchange brokers, foreign exchange companies, foreign exchange trading institutions, global foreign exchange dealer rankings, the latest trends of dealers.
AMF Netherlands Warns Against Unlicensed Platform Grinta Invest

Whereas, the Netherlandish financial regulator noted that the indicated company conducts business in the country without required license from the AFM or De Nederlandsche Bank (DNB). The firm is operating under the domain www.grinta-invest.com.

Fazzaco
Nov 26, 2021
BrokersView - Forex Trading Guide | Forex Brokers Comparison And Alerts
IC Markets Becomes Latest Approved Member of Financial Commission

The Financial Commission, an independent external dispute resolution (EDR) organization, today announced that it has approved IC Markets to obtain its membership, effective from November 24th 2021.

Fazzaco
Nov 25, 2021

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