Forex Brokers — Top Forex Brokers 2020

Striving to find a Forex Broker which is a perfect match for your trading style and goals? In the forex market the supply of brokers’ offers is versatile and abundant, so your search for the best broker to trust your dealings to may be tedious and time consuming. To help you with this important task, we created the Forex Brokers Rating back in 2006 – and since then it has grown to include more the 200 forex brokers carefully selected from jurisdictions all over the world.


Forex Broker Review Year Status Regulation (?)
1LibertexLibertex1997CySEC
2FXTMFXTM2011CySEC, FCA, IFSC
3FxProFxPro2006CySEC, FCA, FSB, DFSA, SCB
4HotForexHotForex2010CySEC, FSC, FSB, FCA, BaFin, DFSA
5FIBO GroupFIBO Group1998FSC, CySEC, FCA
6AlpariAlpari1998FSC Mauritius
7FXCMFXCM1999FCA, ASIC, SFC, CONSOB, BaFin, ACP
8XMXM2009ASIC, CySEC, IFSC
9Trading.comTrading.com2018FCA
10OctaFXOctaFX2011FCA UK
11FP MarketsFP Markets2005ASIC, CySEC
124xCube4xCube2018FSC
13FxGloryFxGlory2011IFSA
14Grand CapitalGrand Capital2006Financial Commission, Serenity
15Just2TradeJust2Trade2015CySEC
16ROinvestingROinvesting2017CySec
17USGUSG2006ASIC, FCA
18LH CryptoLH Crypto2018VFSC
19Olymp TradeOlymp Trade2014IFC
20LBLVLBLV2018Seychelles FSA
21Admiral MarketsAdmiral Markets2001 ASIC, CySEC, FCA, EFSA
22ITRADERITRADER2013CySEC
23ETFinanceETFinance2018CySec
24ProfitiXProfitiX2019not regulated
25InstaForexInstaForex2007FSFR
26PepperstonePepperstone2010ASIC, FCA
27eXcentraleXcentral2019CySEC
28UptosUptos2019not regulated
29VlomVlom2019not regulated
30HQBrokerHQBroker2017not regulated
31InvestousInvestous2015CySEC
32FXOpenFXOpen2003FCA, ASIC, FC
33DukascopyDukascopy2000FINMA
34easyMarketseasyMarkets2001CySEC, MiFID, ASIC
35FOREX.comFOREX.com1999NFA, CFTC, FCA, ASIC, FSA, IIROC, SFC
36Forex ClubForex Club2005NFA, CFTC
37Swissquote BankSwissquote Bank2000FINMA, MFSA, DFSA
38IronFXIronFX2010FCA, ASIC, FSCA, CySEC
39OandaOanda1996CFTC, NFA, FSA, IIROC, MAS
40Saxo BankSaxo Bank1992FSA
41eToroeToro2007NFA, CySEC, ASIC, CFTC, MiFID, FCA
42LiteForexLiteForex2005RMI BCA
43FBSFBS2009IFSC, CySEC
44ExnessExness2008CySEC, FCA
45RoboForexRoboForex2009CySEC, IFCS Belize, ICF
46NordFXNordFX2008VFSC, CySEC, SEBI
47Hantec MarketsHantec Markets1990FSA
48AvaTradeAvaTrade2006MiFiD, CBI, FSA, ASIC, SFB, BVI, FSCL
49Forex4youForex4you2007FSC BVI
50Interactive Brokers Group, Inc.Interactive Brokers Group, Inc.1977FSA, IIROC, CFTC, SEC
51OrbexOrbex2010CySEC
52UFXMarketsUFXMarkets2007CySEC
53FreshForexFreshForex2004CRFIN, KROUFR
54Alfa-ForexAlfa-Forex1996CySEC
55LegacyFXLegacyFX2017CySEC, BaFin, FCA
56BithovenBithoven2019FSA
57FinotecFinotec1998FSA
5824option24option2010CySEC, FMA, AFM, HELLENIC, CNB, BDF, BAFIN, ATVP, CONSOB, CNMV, FCA, CRFIN
59Trading PointTrading Point2010CySEC, SIPC
60FxNetFxNet2012CySEC
61Vantage FXVantage FX2009ASIC
62TusarFXTusarFX2012CROFR
63EverFXEverFX2016CySEC, CIMA
64Plus500Plus5002008FCA, CySEC, MAS, IE, ASIC, AFSL, FMA, FSP
65IFC MarketsIFC Markets2006FSPR (New Zealand)
66GAIN CapitalGAIN Capital1999CFTC, FSA, FSA, SFC, ASIC
67GCIGCI2002FSC
68Realtime ForexRealtime Forex2009MFSA
69iFOREXiFOREX1996CySEC
70Markets CubeMarkets Cube2011not regulated
71AL TradeAL Trade2003Not regulated
72HYCMHYCM1977CySEC, FCA, MiFID, DFSA, SFC
73HMS MarketsHMS Markets1972CCIF
74IG MarketsIG Markets1995NFA, CFTC, ASIC, FSA(UK), MAS
75TeleTradeTeleTrade1994CySEC
76AccentForexAccentForex2010MFEM (Vanuatu)
77Markets.comMarkets.com2009CySEC, FSCL
78Windsor BrokersWindsor Brokers1988CySec, FCA, ACPR, BaFin, MiFID
79ActivTradesActivTrades2010FSA
80SucdenSucden1973FSA UK
81QuestradeFXQuestradeFX2004IIROC, FSCL
82XTBXTB2002FCA
83CMSTraderCMSTrader2013VFSC
84Stratton MarketsStratton Markets2018CySEC
85770capital770capital2010ARB
86NPBFXNPBFX1996IFSC, Financial Commission
87FinexoFinexo2003CIF, CySEC, FSCL
88Colmex ProColmex Pro2009CySEC
89DIF BrokerDIF Broker1999CMVM, FCA
90FXDDFXDD2002NFA, CFTC, MFSA, MiFID
91Advanced MarketsAdvanced Markets2006NFA, CFTC
92GKFXGKFX2008FSA UK (#501320)
93FXCCFXCC2010CySEC
94Traders WayTraders Way2011Not regulated
95BNFXBNFX2010FMA
96FxGrowFxGrow2012CySEC
97ETrade FXETrade FX2006not regulated
98JustForexJustForex2012IFSC
99CMC MarketsCMC Markets1989Financial Conduct Authority (FCA)
100Sun Hung Kai FinancialSun Hung Kai Financial1969not regulated
101INGOTINGOT2010not regulated
102Rosenthal Collins GroupRosenthal Collins Group2010not regulated
103TickmillTickmill2014FCA UK, CySEC, FSA Seychelles
104IC MarketsIC Markets2007ASIC, ACN
105Maxi ForexMaxi Forex2008CRFIN
106FidelisFidelis2011FSPR
107ATC BrokersATC Brokers2005CFTC, NFA
108ForexiteForexite1999CySEC
109Blackwell GlobalBlackwell Global2010CySec, FCA, MiFid
110AMarketsAMarkets2007FC
111Fort Financial ServicesFort Financial Services2010IFSC
112LCGLCG1996FCA
113CM TradingCM Trading2012SA FSB
114Core SpreadsCore Spreads2014FCA
115FXFlatFXFlat1997BaFin
116ETX CapitalETX Capital2008FCA
117DF MarketsDF Markets2010FCA
118CIM BankCIM Bank1990FINMA
119ADS SecuritiesADS Securities2011FCA
120Trade360Trade3602013CySEC
121Z.com TradeZ.com Trade2013FCA, SFC, JFSA
122FX GiantsFX Giants2015FCA
123Arum CapitalArum Capital2016Cysec, MIFID
124EagleFXEagleFX2019Not regulated
125BCS ForexBCS Forex2004
126MultiBankMultiBank2005ASIC, BaFin, FMA, CNMV, FSC, CIMA, RAK
127AlphoAlpho2016FSA
128ACMACM2002FINMA, ESA, DGCX
129Mega Trader FXMega Trader FXCySEC
130MAYZUSMAYZUS2008CySEC
131Citypoint TradingCitypoint Trading2008FCA, CySEC
132ForexTradingForexTrading2011CySec
133FX SolutionsFX Solutions2001CFTC, NFA, FSCL
134JFXJFX2011CySec, FSA, CNMV, BaFin, ACP
135GFT ForexGFT Forex1997FSA , NFA, CFTC, DGCX, DMCC, ASIC, MAS
136Hotspot FXHotspot FX2010CFTC, NFA
137Mada FXMada FXNFA, CFTC
138MIG BankMIG Bank2003FINMA
139ACFXACFX2007Cysec
1404XP4XP2007FMRRC, FSC (BVI)
141DBFXDBFX2006CySEC
142COESfxCOESfx1999NFA, CFTC
143MoneyForexMoneyForex2010CySEC
144FXA SecuritiesFXA Securities2000CySEC
145CBFX MarketsCBFX Markets2006not regulated
146InterbankFxInterbankFx2006
147CMS ForexCMS Forex1999CySEC
148VarengoldVarengold1995BaFin
149Tradeview ForexTradeview Forex2007FFS
150MRC MarketsMRC Markets2002SCL, SEBI
151MasterForex MasterForex 2006Financial Commission, IFSC
152ZeccoZecco2011FINRA, NFA
153BrocoBrocoFSC
154United World Capital Ltd United World Capital Ltd CySEC
155YoutradeFXYoutradeFX2011ASIC, FSC, FSA
156FalcofxFalcofx2008Not regulated
157Exto CapitalExto Capital2007BVI
158CitiFX ProCitiFX Pro2008CFTC, NFA, FCA
1593TG Brokers3TG Brokers2011FSPR
160IBCFXIBCFX2012NZFS
161GO MarketsGO MarketsASIC, CFD
162AtlaseForexAtlaseForex2010CySEC
163FXdirekt BankFXdirekt Bank2001BAFIN, EDW
164TradeFreedomTradeFreedom2010Not regulated
165Ntwo Capital MarketsNtwo Capital Markets2004Not regulated
166Spot TraderSpot Trader2008NFA
167PIPTrade PIPTrade FSA
168BerkeleyBerkeley1986FOA
169XForexXForex2003CySEC, ASIC
170STOCK.comSTOCK.com2014CySEC, MiFID , FCA, AMF, BaFin
171TFI MarketsTFI Markets1999CySEC
172AskobidAskobidCySEC, ASIC, MiFID
173BforexBforex2009Not regulated
174AFX Capital MarketsAFX Capital Markets2010CySec
175AFB FXAFB FX2010CySEC, MiFID
176FxCompanyFxCompany2011CySEC
177Forex MMCISForex MMCIS2007KROUFR
178InvesttechfxInvesttechfx2006FDA, FSCL
179NorthFinanceNorthFinance2006not regulated
180WestCapFXWestCapFX2006not regulated
181FinexFinex2006not regulated
182ITradeFXITradeFX2006not regulated
183Prime 4XPrime 4X2006not regulated
184Crown ForexCrown Forex2006not regulated
185STIFXSTIFX1998not regulated
186TradexFxTradexFx2005not regulated
187Money GramMoney Gram2006not regulated
188MGIMGI2006not regulated
189NordMarketsNordMarkets2006not regulated
190MoneyForexMoneyForex2006not regulated
191FxCastFxCast2006not regulated
192ATFXATFX2014CySec, FCA
193ForexYardForexYard1999not regulated
194ODLODL2010not regulated
195Ikon-RoyalIkon-Royal2006not regulated
196FXTSPFXTSP2006not regulated
197ForexCycleForexCycle2006not regulated
198FX UniversalFX Universal2011not regulated
199RetailFxRetailFx2006not regulated
200LQD MarketsLQD Markets2006CySEC, MiFID
201MarketivaMarketiva2009KROUFR
202Armada MarketsArmada Markets2011MKM
203TradeFortTradeFort2010not regulated
204MB TradingMB Trading1999FCA (UK), FINRA, SIPC
205CapitalXPCapitalXP2015not regulated
206Noble TradingNoble Trading1999CFTC/NFA, FINRA, SIPC
207FinFXFinFX2010CySEC, FSA
208FXTGFXTG2005AFSL
209Falcon BrokersFalcon Brokers2012CySEC
210FXallFXall2012CFTC
211SunbirdSunbird2005NA
212Forex-MarketForex-Market2009FMRRC, FSCL
213OptionTradeOptionTradeCySEC
214GulliverFXGulliverFX2014FCA
215xCFDxCFD2013FSCL
216DMM FX AustraliaDMM FX Australia2013ASIC
217HiWayFXHiWayFX2014CySEC
218Trade12Trade122015Global Fin Services
219PrivateFXPrivateFX2015CySec
220Vinson Financials LtdVinson Financials Ltd2012CySEC, MiFID
221Nas brokerNas broker2013SVGFSA
222Atom8Atom82013FCA
223STOSTO2010FCA, CySEC, CONSOB
224FormaxFormax2014FCA
225Adamant FinanceAdamant Finance2015IFSA

Our unique full list of forex brokers contains over 200 brokers starting 2006. The brokers which no longer operate on the fx market are marked with the "Closed" status. Two more marks are also available: "Recommended Forex Broker" and a "Newcomer". Please click on the broker"e;s logo for the detailed information, traders reviews and comments. To compare the brokers you are interested in please visit our Comparison section.

Forex Broker Rating accepts no liability for any errors in the information, trading conditions and forex reviews. For the most recent information please visit the broker's site.

Top 10 Forex Brokers 2020

200+ Forex Brokers

Your needs and preferences are the cornerstone of our rating’s structure


The Forex Brokers are grouped in 15 sections based on features which are often the make-or-brake point for a trader. If you are interested in trading crypto on forex, look for a suitable broker in “Bitcoin Brokers” and “Ethereum Brokers” listings (we know more are coming!). If you are a fan of MT4 but want to change a broker, check out “MT4 Forex Brokers” for a good range for options. Like a get an exciting bonus offer now and then? Monitor the “Bonus Forex Brokers” – we have gathered brokers that consistently offer generous bonuses to their clients, and not only to newbie traders.

We fill in every forex broker profile with utmost thoroughness and update it regularly


You can get a 360° degree view of forex dealer’s conditions by throwing a quick look at its info page. Regulators, headquarters, trading software and more then 30 (!) parameters of a brokers’ portfolio are reflected there. The latest traders’ reviews about a particular broker are also listed there – a trustworthy source of open feedback about the broker from its happy or not so happy clients.

Forex Rating goals and mission


It is common knowledge that forex market outnumbers all other markets in the world with its daily trading volume of more than 4 trillions US Dollars. We see our mission in providing accurate and trustworthy information about Forex Brokers that will help traders make informed decisions, and thus build their trust in market and invest in its further growth. We constantly work on expanding the number of brokers listed in.

Our TOP 10 Forex Brokers Rating is based on traders’ voting which is instantly updated


When each new review appears, the rating is automatically recalculated and updated.  You receive up-to-date objective information and grounds for choosing a forex company with an optimal package of services and a better reputation. Having an independent rating is not only a convenient opportunity for a trader to compare forex market players and choose the best forex company, but also an unconditional incentive for forex companies. Only by maintaining a high level of services, expanding opportunities and improving trading conditions, a forex company will be able to confidently hold its leading positions in the rating and increase its customer base.

Our news and materials sections is much more then dealers’ news


What percentage of profitable accounts does a forex broker have? Where do industry veterans lose to new market players? What’s new in the social trading arena? When writing materials for our analytical section we try to ask questions that will enhance the understanding and trust between forex dealers and their clients. We also carefully select the analytics we publish. In Forex trading, as you know, one of the leading roles is assigned to analytics, which is not surprising. It is market analysis that provides the foundation on which the entire trading process is built, including both the prediction aspect of the nature of asset price behavior and the capital management aspect.  In analytics, economic news is of great importance, as they tell about events that are prerequisites and causes of changes in the economic situation, and therefore changes in the ratio of supply and demand for a particular trading instrument. That is why economic news is so closely monitored by traders. There are even trading strategies based on the news method – a method that involves tracking important economic events and, therefore, building a trading process “around” economic news. Our “Latest Forex Materials” section is a stream of news, analytics, training announcements, and forex brokers’ latest news.

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