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FIND THE BEST FOREX BROKER

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 nment, etc and find the most suitable broker by different forex broker ranking lists.

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Best Forex Brokers

Read detailed information and traders'reviews, compare and choose a suitable forex broker for yourself.

3 Reviews

Forex brokers, forex brokers rankings, forex trading, forex traders, choose forex broker, forex broker comparison tool, forex brokers review
Amana Capital

8 Reviews

5.4 /10
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CWG MARKETS

2 Reviews

3.3 /10
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FxPro

55 Reviews

8.5 /10
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7.9 /10
BrokersView - Find The Best Forex Broker
VIBHS

3 Reviews

6.0 /10
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AxCap247

2 Reviews

6.0 /10
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TIO Markets

8 Reviews

8.4 /10
Forex brokers, forex brokers rankings, forex trading, forex traders, choose forex broker, forex broker comparison tool, forex brokers review
Admiral Markets

80 Reviews

8.3 /10
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Avatrade

32 Reviews

7.1 /10

Complaints Resolution

Q&A Complaints

Hottest Users Review

FP Markets
43 Reviews
anna
They have many trading platform options.
ActivTrades
60 Reviews
paul
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
Franko
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
Forex.com
64 Reviews
Sapna
Requotes are extremely rare.
Manoj Mulani
Reasonable spreads and fast withdrawal!
CPT Markets
23 Reviews
Mario Vega
Compared to other platforms, CPT is much better when talking about trading environment--smooth withdrawal, less deposit, small trading size and good Stop-Loss.
Constantine Ogor
I like their good customer service and quick withdrawel. Further, tight spreads, fast transactions and rare slippage are the good qualities I like about this broker.
Forex.com
64 Reviews
AndreeaP
Very reliable.
RoboForex
62 Reviews
Kay
Their 24/7 support services are helpful.
VT Markets
20 Reviews
Ashley
VT Markets offers highly competitive trading conditions as well as stable server connection.Their fiber-optic network is so responsive that allows me to grasp the opportunities in a bid to make profit
Valutrades
30 Reviews
Trader
Very helpful and attentive customer support . The spreads are low on most products and since my time trading with this broker I have seen an improvement.They offer the popular trading platforms such a
Ma Cecilia Villa
+17 pips slippage what a joke???
FP Markets
43 Reviews
anna
They have many trading platform options.
ActivTrades
60 Reviews
paul
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
Franko
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
Forex.com
64 Reviews
Sapna
Requotes are extremely rare.
Manoj Mulani
Reasonable spreads and fast withdrawal!
CPT Markets
23 Reviews
Mario Vega
Compared to other platforms, CPT is much better when talking about trading environment--smooth withdrawal, less deposit, small trading size and good Stop-Loss.
Constantine Ogor
I like their good customer service and quick withdrawel. Further, tight spreads, fast transactions and rare slippage are the good qualities I like about this broker.
Forex.com
64 Reviews
AndreeaP
Very reliable.
RoboForex
62 Reviews
Kay
Their 24/7 support services are helpful.
VT Markets
20 Reviews
Ashley
VT Markets offers highly competitive trading conditions as well as stable server connection.Their fiber-optic network is so responsive that allows me to grasp the opportunities in a bid to make profit
Valutrades
30 Reviews
Trader
Very helpful and attentive customer support . The spreads are low on most products and since my time trading with this broker I have seen an improvement.They offer the popular trading platforms such a
Ma Cecilia Villa
+17 pips slippage what a joke???
FP Markets
43 Reviews
anna
They have many trading platform options.
ActivTrades
60 Reviews
paul
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
Franko
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
Forex.com
64 Reviews
Sapna
Requotes are extremely rare.
Manoj Mulani
Reasonable spreads and fast withdrawal!
CPT Markets
23 Reviews
Mario Vega
Compared to other platforms, CPT is much better when talking about trading environment--smooth withdrawal, less deposit, small trading size and good Stop-Loss.
Constantine Ogor
I like their good customer service and quick withdrawel. Further, tight spreads, fast transactions and rare slippage are the good qualities I like about this broker.
Forex.com
64 Reviews
AndreeaP
Very reliable.
RoboForex
62 Reviews
Kay
Their 24/7 support services are helpful.
VT Markets
20 Reviews
Ashley
VT Markets offers highly competitive trading conditions as well as stable server connection.Their fiber-optic network is so responsive that allows me to grasp the opportunities in a bid to make profit
Valutrades
30 Reviews
Trader
Very helpful and attentive customer support . The spreads are low on most products and since my time trading with this broker I have seen an improvement.They offer the popular trading platforms such a
Ma Cecilia Villa
+17 pips slippage what a joke???

SCAM

SCAM
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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.
SCAM
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ZM MARKETS

On 14 July 2022, the Portuguese Securities Market Commission (CMVM) issued a warning that ZM MARKETS is not authorized to provide financial services in Portuguese. You may visit: https://www.cmvm.pt/en/SDI/FinancialIntermediaries/Pages/20220714k.aspx?v=

SCAM
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4XLimited

On its page footer, 4XLimited says Copyright © 2019-2022, but its domain name (https://www.4xlimited.com/) verification result showed that it was first created on 14 March, 2022. Furthermore, the scammer served 50,000 total users and reached 75,000 daily transactions more than 50 countries. How can it reach that figure in a few months? 

On the other hand, 4XLimited claims to be licensed by the BVI FSC. But no results found on BVI FSC.

With its physical address in the UK and contact number from the UK, 4XLimited has to be regulated by the FCA as any other UK-based legal forex companies do. The thing is we only found a warning record matched with 4XLimited on the FCA.

Based on the above information, we can conclude that 4XLimited is a scam.

SCAM
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51Markets

51Markets claims it is the largest online broker in the US and it is regulated by the US Securities and Exchange Commission (SEC) and the US Financial Industry Regulatory Authority (FINRA). However, both SEC and FINRA are not financial regulators that approve licenses for forex traders. So please beware of brokers making such claims, since brokers eligible to offer derivatives services should have licenses approved by the financial regulator.

Besides, 51Markets claims it is authorized and regulated by the US National Futures Association (NFA) with an NFA ID: 0540732. However, when we searched in NFA, we found 51Markets is not under valid regulation by NFA since it is not an NFA member. That means 51Markets is not regulated by any regulators. Investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam. 

SCAM
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BlueMax Capital

BrokersView found BlueMax Capital 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
Read detailed information and traders'reviews, compare and choose a suitable forex broker for yourself.
CDFX

CDFX claims to be operated and owned by a Dubai-based company named CD Captials LTD, whilst providing zero details about the trading license on its website, which is already a red flag for potential traders.

Besides, we didn't find any regulatory information about this broker from the DuBai's regulator Financial Services Authority (DFSA) and the UAE's regulator Central Bank of the United Arab Emirates (CBUAE). So CDFX Captial 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
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Tedex

On 11 April 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Tedex is not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=tedex

SCAM
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UPFX

UPFX tries to mislead investors into thinking it is a legitimate brokerage. Viewing its homepage, the broker claims to be a limited liability company established in Belize as an operating subsidiary within the Lepanto Group of companies (collectively "Ultimate Pinnacle") under registration number 173474 and having its registered address in Belize City, but we can't find any results in the registers of Belize's International Financial Services Commission (IFSC). 

Besides offering misleading information, the fraud also has some untrue claims to regulation, claiming to be licensed in some of global regulators. More specifically, UPFX is supposedly a multi-regulated broker with licenses issued by the IFSC(the Belize) with registration number 173474, CySEC (Cyprus), ASIC (Australia) with ACN number 072 424 830, and NFA (America) with registration number 0537666. However, these "claimed" licenses issued by the three regulators cannot be found or not registered actually. Searching with these license numbers on regulators respectively, no valid or convinced results can be found. Therefore, UPFX is definitely a scam broker.


Forex Brokers Comparison Tool

Overall Rating
Business Scope
Trading Cost
Trading Platforms
Support
Regulator
Type
Headquarters
Founded
Min Deposit
Max Leverage
8.8 /10 Very Good
7.1
8.2
8.1
9.2
CySEC, NFA, Mauritius-FSC, Seychelles-FSA, BaFin
MM/DD, STP
Switzerland
2012
100 USD
1:500
8.3 /10 Very Good
7.8
7.8
7.8
8.3
CySEC, FCA, SVG-FSA, Mauritius-FSC
STP
Saint Vincent and the Grenadines
2017
500 USD
1:30
7.8 /10 Good
6.9
7.7
7.4
7.8
Bulgaria-FSC, Bahamas-SCB, FCA
NDD
-
2001
500 USD
1:400

News

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No Charity, Only Ponzi Scheme: ASJ Forex was Unmasked and Run Away

ASJ Forex's website was suddenly inaccessible, raising suspicions. BrokersView investigated and found the company, which seemed obsessed with charity, was actually a Ponzi Scheme.

Brokersview
2022-12-01
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FCA Fines BGC/GFI £4,775,200 for Failures to Detect Market Abuse

FCA imposed fines on BGC Brokers LP, GFI Brokers Limited, and GFI Securities Limited (together BGC/GFI) for failures in the detection of market abuse.

Brokersview
15 hours ago
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Q&A Weekly Review - What's Asked This Week?

A Q&A Weekly Review keeps traders informed of the latest regulatory status and trading details of brokers mentioned by our users in a given week.

Brokersview
21 hours ago
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Scam Alert: Be Careful With Your Investment in FxMarket365

This piece discusses how fake brokers like FxMarket365 defraud clients and how you can avoid falling into its trap.

Brokersview
2022-12-08
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Scam Alert: Think Carefully Before You Invest FewaTRADE

This piece highlights how FewaTRADE traps clients and make them lose their money. 

Brokersview
2022-12-07

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