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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

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7.7 /10

57 Reviews

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FXTM

59 Reviews

8.2 /10
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Forex.com

64 Reviews

8.1 /10
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Tickmill

3 Reviews

8.3 /10
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Doo Prime

20 Reviews

7.6 /10
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Acetop

4 Reviews

6.0 /10
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FP Markets

43 Reviews

7.7 /10
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Valutrades

30 Reviews

8.0 /10
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GKFX Prime

9 Reviews

8.3 /10
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ATFX

27 Reviews

8.3 /10

Complaints Resolution

Q&A Complaints
I want to use credit card to deposit. Do they accept credit card?
Villads Holst Finland Sep 30, 2022
Areatrading is not a licensed or regulated broker even though it states offers that look good to be true. Areatrading claims to be an reliable broker without presenting any information about its regulation. Lacking regulatory information may be a distinct signal of an unlicensed broker, as regulated brokers always present their certificates and licenses in a prominent position. It is a red flag. Besides, Areatrading presents a telephone number that belongs to the UK on its website. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK Financial Conduct Authority (FCA). We did searching in FCA but only found this firm had already been warned by FCA for providing financial services without authorization. You can check the full warning from here.Moreover, the Financial Supervisory Authority of Finland (FIN-FSA or FI) issued a warning that Areatrading is neither authorised by FI to conduct securities business or other financial services in Sweden nor under FI's supervision. You can check the full warning from here.The truth is, Areatrading is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Areatrading and trade with licensed brokers.
Im looking for a reliable broker to invest. Is CTmatador good or not?
Josius Tshabalala Kuwait Sep 29, 2022
CTmatador is not a licensed or regulated broker even though it states offers that look good to be true. CTmatador claims to be owned and operated by Wind Holdings Ltd, a company registered with St. Vincent and the Grenadine Financial Services Authority (SVG FSA) with registration number  26456 BC 2021. We searched SVG FSA and found a match result. However, please be informed that SVG FSA does not regulate forex activities or issue forex licenses. CTmatador also claims it has four offices in Netherland, Singapore, Switzerland and the United Kingdom. As per relevant laws, CTmatafor shall be regulated by regulators in the above contries, including: 1) The Dutch Authority for the Financial Markets (AFM);2) The Monetary Authority of Singapore (MAS);3) The Swiss Financial Market Supervisory Authority (FINMA);4) The United Kingdom Financial Conduct Authority (FCA). However, we did not find any match results to this broker in the above watchdogs' registries.More importantly, the Belgian Financial Services and Markets Authority (FSMA) identifies CTmatador as a fraudulent online trading platform. You can check the full warning from here.The truth is, CTmatador is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like CTmatador and trade with licensed brokers.

Hottest Users Review

FP Markets
43 Reviews
anna
They have many trading platform options.
ActivTrades
52 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
52 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
52 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
<p>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:&nbsp;https://www.cmvm.pt/en/SDI/FinancialIntermediaries/Pages/20220714k.aspx?v=</p>
SCAM
Forex brokers, forex brokers rankings, forex trading, forex traders, choose forex broker, forex broker comparison tool, forex brokers review
4XLimited
<p>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?&nbsp;</p><p>On the other hand, 4XLimited claims to be licensed by the BVI FSC. But no results found on BVI FSC.</p><p>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.</p><p>Based on the above information, we can conclude that 4XLimited is a scam.</p>
SCAM
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51Markets
<p>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.</p><p>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&#39; money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.&nbsp;</p>
SCAM
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BlueMax Capital
<p>BrokersView found BlueMax&nbsp;Capital is not regulated or not overseen by any financial regulator. That means investors&#39; funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.</p>
SCAM
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CDFX
<p>CDFX claims to be operated and owned by a Dubai-based company&nbsp;named CD Captials LTD, whilst&nbsp;providing zero details about the trading license on its website, which is already a red flag for potential traders.</p><p>Besides, we didn&#39;t find any regulatory information about this broker from the DuBai&#39;s regulator&nbsp;Financial Services Authority&nbsp;(DFSA) and the UAE&#39;s regulator Central Bank of the United Arab Emirates (CBUAE). So CDFX Captial is currently not regulated by any financial regulator. That means investors&#39; funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.</p><p><br/></p>
SCAM
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Tedex
<p>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:&nbsp;http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&amp;nombre=tedex</p>
SCAM
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UPFX
<p>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 &quot;Ultimate Pinnacle&quot;) under registration number 173474 and having its registered address in Belize City, but we can&#39;t find any results in the registers of Belize&#39;s International Financial Services Commission (IFSC).&nbsp;</p><p>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 &quot;claimed&quot; 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.</p><p><br/></p>

Forex Brokers Comparison Tool

Overall Rating
Business Scope
Trading Cost
Trading Platforms
Support
Regulator
Type
Headquarters
Founded
Min Deposit
Max Leverage
8.0 /10 Very Good
8.3
6.9
8.1
8.2
CySEC, ASIC, Mauritius-FSC
MM/DD
Australia
2006
200 USD
1:300
7.4 /10 Good
7.0
7.0
7.3
7.5
BVI-FSC, Seychelles-FSA, ASIC, CySEC, PFSA
MM/DD
Cyprus
2001
25 USD
1:400
6.3 /10 Average
6.8
6.1
6.3
6.7
ASIC, NZ-FMA, VFSC
ECN
Australia
2013
100 USD
1:500

News

Read detailed information and traders'reviews, compare and choose a suitable forex broker for yourself.
Overseen by Four Regulators? Beware of Forex Scam Crex247

Forex scammer Crex247 lies about its experiences and regulations. This broker is using a newborn website and scamming.

Brokersview
15 hours ago
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Scam Alert: Forex Scammer FinexTrader is Not Regulated

Forex scammer FinexTrader claims to be regulated, but none of the regulators it mentions are true. Investors are advised to exercise caution when encountering this broker.

Brokersview
Oct 06, 2022
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Scam Alert: Stay Away from Unregulated FX Broker Crypto Rocket

Though registered with SVG FSA, the unregulated forex broker Crypto Rocket is not regulated by any regulators. And the scammer has been warned by CNMV.

Brokersview
Oct 05, 2022
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Watch out! UK FCA Warns Unlicensed FX Broker Global FX Trade

Global FX Trade claims to be registered with & regulated by SEC, UK FCA, KNF, and CMB while the truth is not. Actually, it was warned by UK FCA.

Brokersview
Oct 04, 2022
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Scam Alert: Avoid Trading With Cryptocurrency Scam CryptoAllDay

CrytpoAllDay is an unregulated cryptocurrency broker. This dangerous broker deceived many investors with despicable tactics.

Brokersview
Oct 03, 2022

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