Forex Rating – Best Forex Brokers 2025

Since 2006 Forex Rating has been choosing, ranking and reviewing the Best Forex Brokers in the foreign exchange market. Our Rating is independent, unbiased and is the easiest way to choose the right Forex Broker from hundreds of forex companies. We turn to market experts for their opinion to make sure the Top Brokers are determined the most objective way. We offer transparent ranking system that summarizes experts' reviews and provides far-reaching opportunities for newcomers. Our main goal is to Rate, Evaluate and Compare Forex Brokers. We invite you to take part in determining the Best Forex Brokers each month.

Rank Forex Broker Overall Rating Status Reviews Type Regulation Min. Dep. Lev.
1Register HFM trading accountHFMOverall Rating for HFM: 5 starsTrusted 233 Reviews and comments STPFCA, DFSA, FSCA...$12000:1
2Register FXCC trading accountFXCCOverall Rating for FXCC: 5 starsTrusted 269 Reviews and comments ECN, STPCySEC, MISA$1500:1
3Register FxPro trading accountFxProOverall Rating for FxPro: 4.5 starsTrusted 853 Reviews and comments Broker, NDDFCA, SCB$100500:1
4Register FBS trading accountFBSOverall Rating for FBS: 4.5 starsTrusted 458 Reviews and comments BrokerIFSC, ASIC, FSC...$10003000:1
5Register XM trading accountXMOverall Rating for XM: 4.5 starsTrusted 475 Reviews and comments BrokerCySEC, FSC, DFS...$51000:1
6Register Exness trading accountExnessOverall Rating for Exness: 4.5 stars 393 Reviews and comments MM, NDDFSA, CySEC , FC...$12000:1
7Register FP Markets trading accountFP MarketsOverall Rating for FP Markets: 4 stars 33 Reviews and comments ECN, STP, DMAASIC, CySEC, FS...$100500:1
8Register IronFX trading accountIronFXOverall Rating for IronFX: 4 stars 350 Reviews and comments MM, ECN, STPFCA, FSCA$5030:1
9Register T4Trade trading accountT4TradeOverall Rating for T4Trade: 4 stars 140 Reviews and comments ECN, STP, MMSeychelles FSA$501000:1
10Register Just2Trade trading accountJust2TradeOverall Rating for Just2Trade: 4 stars 122 Reviews and comments BrokerCySEC, NFA, FIN...$100500:1
11Register FXNovus trading accountFXNovusOverall Rating for Just2Trade: 4 stars 17 Reviews and comments BrokerFSCA$250400:1
12Register Riverquode trading accountRiverquodeOverall Rating for Just2Trade: 4 starsNewcomer 0 Reviews and comments CFD BrokerFSCA$1400:1
13Register FXCess trading accountFXCessOverall Rating for Just2Trade: 4 starsNewcomer 55 Reviews and comments MM, ECN, STPN/A$101000:1
14Register Fintana trading accountFintanaOverall Rating for Fintana: 3.5 starsNewcomer 0 Reviews and comments CFD BrokerFSC Mauritius$1400:1

* 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 Forex Broker's site. If you want to compare several brokers or analyze their trading conditions, please use our free comparison and research tool which will vividly show you the main benefits of the best forex brokers.

Popular Forex Brokers' Reviews

14 Nov 2025GabrielLepe about IronFX
They could use a bit of improvement in terms of transparency and make things a bit more clear. Like the initial depo requirements for each account type, or the costs and commission included for each of it. It’s not displayed on their website. But it might be different for different regions, so this is one reason. Anyway, i was able to get all i need and make the decision to open an account just after one chat with their support team. I like when the support the broker provides is this effective and they give straight answers, not generic text or direct me to faq

13 Nov 2025TiagoP about T4Trade
I traded eurgbp on my premium account a few days ago, 1.6 pip worked fine. Think they got a pretty satisfyng list of fx pairs, good representation of exotics btw. Had no problems trading with them before either.

12 Nov 2025LaloKenyon about IronFX
I tested every inch of the broker, reaching the point when sup answered some detailed questions about what is the execution model and liquidity providers lol. Seemed all good to bring my super algos which for years had been my stable trading income. Mt4 what to say, the most friendly platform, yet the most customised and modified. Glad the broker was up to an old time classic. About this solid environment. Execution was on high level, ecn based acc is there. This meant also relatively cheaper costs of trading. Pity there weren’t swap free options, tho i rarely left trades chilling overnight:)

12 Nov 2025NPutriee about XM
I registered an account with xm and it was really easy and pretty fast, too. It’s my first great trading account, I got verified and what I like is that I feel supported here. Talked with the support while going through the verification process, they seemed very polite and willing to help me in the process

12 Nov 2025wanjun about Octa
It’s adorable to look at trading conditions section and see those 0s, for swaps and commission. First time in my life, I don’t pay anything for holding overnight. No excuses, like “ we charge swaps, because it’s needed to maintain the liquidity and bla bla”. What i pay at octa, is only low spread for the most of the time. Know how many trades I open per week, costs was always №1 thing for me.

11 Nov 2025AntoineDumont about Just2Trade
J2T’s research section turned out more useful than I expected. Their market updates helped me save time when things got crazy in the markets. Deposits and withdrawals go through fast, no annoying waits like I’ve had with other brokers. It’s not flawless, but solid enough for me to keep using it

8 Nov 2025Doga about XM
Im on xm and i have ultra low account. didnt know my account type is not included in different promos. but to be honest with you guys, i dont trade with bonuses in general so doesn make much difference for me. ultra low allows me to trade how I want, it can be scalpin on lower timeframes different assets like fx majors or gold, and I can also swing trade it, so it really doesnt matter how I trade this account fits my needs. So i guess people should choose the account depending on their own trading needs and style, gonna be one of two either way.

8 Nov 2025Chelvan about IronFX
they were always popular for their legitimacy and educationand right fully so because if you visit their youtube page you can see why. every day almost they have webinars running wiht experts and they explain some popular strategies and and live trading is good because of live experience.

7 Nov 2025Jeevananthan about XM
I was skeptical about their trading platform, but was waiting for new updates to see what they could change, and after the recent update a few weeks ago, I changed my mind 180 degrees. The platform has become more convenient, and they even built-in the tradingview design which makes it easier to trade there. All the charts work nicely and show precise pips and other numbers.

5 Nov 2025Bon about FxPro
I really enjoy using FxPro because everything feels professional and transparent. Their platform gives me a lot of control over my trades, and I love the clean, easy-to-navigate interface. It’s perfect for both beginners and experienced traders.

5 Nov 2025VazCunha about XM
I prefer turbo stocks over stock derivatives, easier for me to manage intraday trades. More leverage helps too because on derivatives its limited.

4 Nov 2025Berkant about FxPro
FxPro is easily one of the best brokers I’ve ever used. I really appreciate the transparency and the fact that there are no hidden fees. The spreads are competitive, and orders execute instantly — no lag or slippage issues so far.

2 Nov 2025UyguAvci about FBS
Trading gbp pairs and stocks here... idk what to say, works fine. Usually around a pip of spread, which is in line what I got elsewhere. Except the app here is much better, more responsive, easier to trade. Stocks I trade just because they are up and to the right most of the time, till end of bull market its just free money pretty much. Btw thanks to those Fbs reviews that talked about how to disable swaps, I didnt even expect there would be a feature like that in the UI.

31 Oct 2025Carvajal about T4Trade
I think this broker have everything to be a good choice for forex. Actually, they went so deep in their forex trading focus, even provide futures for certain currencies. Seems to be a small thing, but in terms of right and accurate data (quotes), it’s biggy. Since Ive always used mt for execution, resemblance of actual exchange data and broker’s, has been critical for me. 1-2 pips, and take profit wouldn’t be triggered and good bye profits… Wise from them to have futures.
And of course, withdrawals. Tried different amounts, from 20 to 500. The execution didn’t change. The same 5 days by bank

30 Oct 2025Pit about FxPro
I’ve been using FxPro’s MT4 platform and it’s excellent. The execution speed is fast and stable, and I’ve had zero downtime. Definitely a trustworthy broker.

+15 000 Customer Reviews

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The foreign exchange market, with its vast liquidity and 24/5 operation, offers traders unparalleled opportunities for profit. However, this very nature of Forex trading also exposes traders to significant risks, not least of which is the risk of choosing the best Forex broker that does not adequately protect their interests or investment. In this context, Forex Rating emerges as a critical tool in a trader's arsenal, providing an essential guide to the reliability and integrity of brokers. This text delves into the direct and indirect benefits of Forex Rating for trader security, underscores their role in due diligence and risk assessment, and highlights the importance of ongoing monitoring and reassessment of brokers' rating.

Direct and Indirect Benefits of Forex Rating for Trader Security

  1. Transparency: Forex Ratings provides a transparent overview of a broker's performance across several key areas, including regulatory compliance, trading platform reliability, customer service quality, and financial stability. This transparency is invaluable for traders in making informed decisions.

  2. Regulatory Compliance: Ratings often include information on a broker's regulatory status, a critical factor in ensuring that the broker adheres to strict financial standards and practices designed to protect traders.

  3. Risk Mitigation: By highlighting the strengths and weaknesses of brokers, ratings help traders avoid those with a history of malpractices or financial instability, thereby directly reducing the risk of fraud and investment loss.

  4. Market Standards: Forex Rating drives competition among brokers to improve their services and compliance, contributing to higher industry standards.

  5. Educational Value: It serves an educational purpose, helping traders understand what criteria are important when selecting a broker, such as the significance of regulatory oversight, customer service quality, and the robustness of trading platforms.

  6. Community Trust: Forex Rating builds community trust by relying on collective experiences, reviews, and assessments from a wide range of traders, from novices to experts.

Forex Ratings as Tools for Due Diligence and Risk Assessment

Due diligence in Forex trading goes beyond simply checking a broker's website or promotional materials. It involves a thorough investigation into the broker's regulatory status, business practices, market reputation, and financial stability. Here, Forex Rating comes into play as it aggregate these critical pieces of information, providing traders with a comprehensive overview that can inform their risk assessment process.

The Importance of Ongoing Monitoring and Reassessment of Forex Brokers' Rating

The Forex market's dynamic nature means that a broker's reliability and performance can change over time due to various factors such as regulatory updates, market conditions, or changes in management practices. Therefore, ongoing monitoring and reassessment of brokers' ratings are crucial.

Forex Rating stands out as a fundamental component in ensuring the security and assurance of Forex traders. It offers both direct and indirect benefits by enhancing transparency, promoting regulatory compliance, and aiding in effective risk mitigation. As tools for due diligence and risk assessment, ratings empower traders with the knowledge needed to make informed decisions. Moreover, the importance of ongoing monitoring and reassessment cannot be overstated, as it ensures that traders can rely on up-to-date information reflecting the current standing of forex brokers. In the ever-evolving landscape of Forex trading, Forex Ratings are indispensable for maintaining a secure trading environment, advocating for higher industry standards, and ultimately, contributing to the overall health and integrity of the Forex market.

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