Forex Rating – Best Forex Brokers 2023

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.

# Forex Broker Reviews For Against Status Type Regulation Leverage Account Advisors
1Register OctaFX trading accountOctaFXReviews94%6%BrokerSVG500$50WallStreet Evolution 2.0, 1000pip Climber System
2Register XM trading accountXMReviews93%7%BrokerASIC, CySEC, FSC, DFSA1000$5FX Classic Trader, EA Builder
3Register FXCC trading accountFXCCReviews92%8%ECN, STPCySEC, SVG500$1Forex Truck, Forex Fury
4Register HFM trading accountHFMReviews91%9%BrokerCySEC, FCA, DFSA, FSCA, FSA, CMA2000$1CovertFX, 1000pip Climber
5Register FxPro trading accountFxProReviews89%11%Broker, NDDCySEC, FCA, FSCA, SCB500$100Forex Gump, Earth Robot
6Register FXCM trading accountFXCMReviews87%13%BrokerFCA, ASIC, SFC, CONSOB, BaFin, ACP30$300Linear Weighted MA-Cross
7Register MultiBank Group trading accountMultiBank GroupReviews86%14%ECNASIC, BAFIN, CIMA, ESCA, FSC, MAS, FMA, TFG, HKCE, AUSTRAC, VFSC500$1000Z Trader FX, FxDiverse
8Register RoboForex trading accountRoboForexReviews85%15%Broker, NDD, STPFSC2000$10Earth Robot, Happy MartiGrid
9Register Vantage trading accountVantageReviews83%17%BrokerCIMA, VFSC, ASIC, FCA, FSCA, FSC500$200Happy Frequency
10Register FP Markets trading accountFP MarketsReviews81%19%ECN, STP, DMAASIC, CySEC, FSCA500$100Forex Diamond EA, Forex Fury
11Register Just2Trade trading accountJust2TradeReviews80%20%BrokerCySEC, NFA, FINRA, SIPC500$100FXSecret Immortal, Learn2Trade
12Register AMarkets trading accountAMarketsReviews78%22%BrokerThe Financial Commission, FSC of Cook Islands3000$100Happy Fast Money, GPS Forex Robot
13Register IronFX trading accountIronFXReviews77%23%MM, ECN, STPFCA, FSCA, CySEC30$100Fortnite, On Control
14Register Amega trading accountAmegaReviews74%26%STPFSC Mauritius1000$20Flex, 1000pip Climber
15Register Rentalzi trading accountRentalziReviews74%26%NewMMn/a200$2500
16Register Exness trading accountExnessReviews74%26%MM, NDDCySEC, FCA1000$1WallStreet Evolution 2.0, Learn2Trade
17Register T4Trade trading accountT4TradeReviews73%27%ECN, STP, MMSeychelles FSA1000$50Flex, 1000pip Climber
18Register Geetle trading accountGeetleReviews73%27%NewMMn/a400$2500
19Register AdroFx trading accountAdroFxReviews73%27%BrokerVFSC, FSA500$100Flex, 1000pip Climber
20Register Stockoza trading accountStockozaReviews73%27%NewMMn/a400$50000
21Register Kaarat trading accountKaaratReviews73%27%MMn/a400$15000
22Register Fundiza trading accountFundizaReviews73%27%Brokern/a400$25000The Wave Scalper, FXStabilizer
23Register IXXEN trading accountIXXENReviews73%27%NewMMn/a400$5000
24Register Demaxis trading accountDemaxisReviews72%28%NewMMn/a400$100
25Register The Uptrend Center trading accountThe Uptrend CenterReviews72%28%NewBrokern/a400$10000CovertFX, 1000pip Climber
26Register FxRevenues trading accountFxRevenuesReviews71%29%NewMMn/a200$2500
27Register FiatVisions trading accountFiatVisionsReviews69%31%BrokerFSC Mauritius400$25000iProfit Forex Robot
28Register Financial Centre trading accountFinancial CentreReviews67%33%Brokern/a400$50000Ilan Dynamic Pro, ProTrader
29Register Investment Center trading accountInvestment CenterReviews67%33%Brokern/a400$10000Grid Master Pro, Gold Rush
30Register Xpoken trading accountXpokenReviews66%34%Brokern/a400$2500GPS Forex Robot, Gold Rush
31Register Kiexo trading accountKiexoReviews65%35%NewBrokern/a400$10000Forex inControl, BestScalper
32Register LBLV trading accountLBLVReviews57%43%Broker, ECNSeychelles FSA400$10000Pivot Trader PRO, Forex Robotron
33Register Cinpax trading accountCinpaxReviews54%46%Brokern/a400$2500Grid Master Pro

* 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 company's site. Forex Rating rates participants by the actual number of votes. Monthly rating results can be found in our statistics section. Detailed analysis of the monthly winners is published regularly in our Forex Brokers section. We also provide an opportunity to compare companies. If you want to compare several brokerages or analyze trading conditions, please use our free comparison and research tool which will vividly show you the main benefits of the best forex brokers. Whether you are looking for a qualified ECN or PAMM broker to invest or to manage your funds, our interactive platform will list the optimal top 10 brokers available.

The Best No Deposit Forex Brokers 2023

Many people are convinced that a lot of money is needed to trade the financial markets. Those who say it is possible to trade Forex with no money often hear comments like "the only free cheese is in the mousetrap". And while there's truth to this well-known idiom, it doesn’t fully apply to this particular industry since many top Forex brokers have an interesting option called "no deposit bonus". This option allows newly registered users to trade Forex markets without investing when making the first steps toward financial independence. It's also called a StartUp or a Welcome Bonus by some Forex brokers. However, the essence remains the same – you indeed may begin trading foreign currencies without risk-free and without initial investment to learn the basics of Forex trading without being afraid of losing money.

There is no need to explain that the no deposit bonus from Forex Brokers isn't a charity, a display of selfless love for traders, or the availability of extra money to throw around. In the Forex industry, offering the welcome bonus is a long-established customer acquisition strategy designed to attract those interested in the Forex market but also reluctant to put real money into an account before they figure out the core principles of Forex trading. In the following article, I will get down to the nitty-gritty of no deposit bonuses by brokers from all around the Forex industry. I have sifted through dozens of platforms and singled out top 5 Forex brokers with no deposit bonuses for those who are prudent enough to learn and practice the game in a safe environment before stepping onto the pitch to compete against the big boys.

FreshForex Review and Information
Welcome Bonus
InstaForex Review and Information
Welcome Bonus
FBS Review and Information
Welcome Bonus
eForex Markets Review and Information
Welcome Bonus
JustMarkets Review and Information
Welcome Bonus

The Best Forex Brokers with Deposit and Welcome Bonuses

Bonuses and promos form an essential part of the marketing industry of today. Whether it's a retail merchandise seller or a top Forex Broker, most often than not, you will find some bonus offer that's supposed to incentivize potential customers to create an account, make a purchase, or otherwise improve the relationship with the business entity. In fact, Forex trading platforms are riddled with lucrative bonuses and exclusive promo offers, aimed at improving customer engagement with a financial services provider. Nowadays, the choice of such bonuses is so wide that it is easy to get confused, especially when you are yet to register with a Forex Broker.

Forex Ratings created the following guide across the Top 5 Forex Brokers with the best welcome and deposit bonuses for those who are facing such a difficult choice. "Difficult" because the selection of financial services brokers is broader than the Pacific and the number of black holes camouflaged as "trusted/best/top" remains high. By "black holes" we mean poorly regulated brokers with a shady reputation, or even downright scammers. But worry not, we are here to take you through the misty waters of the Broker Ocean to a safe cove where your first deposit is guaranteed to get a boost. Metaphors aside, we are going to help newbie currency traders, and those looking to switch to another broker, pick the best welcome or deposit bonus from Forex brokers with a solid reputation, tried and tested by our team of Forex experts.

The Best Forex Brokers with Fast Withdrawals New

In our experience, serious and trustworthy Forex brokers never put a spoke in the trader's wheel when it comes to funds withdrawal. On the contrary, such brokers rarely disrupt the flow of funds in and out of respective platforms without a solid reason like non-compliance with the anti-money laundering (AML) requirements. It's in their interest to ensure the best user experience, which lies partially in the ability to receive profits promptly. Fast withdrawal is an integral part of their customer retention strategies. On the other hand, brokers with ill repute, which is another way of saying "scammers," often lure naive Forex greenhorns with something like a four-figure deposit bonus. Everything might be going fine: an unsuspecting trader could be making profits and dreaming of nice things to buy until he or she tries to withdraw the money; that's when the real quest begins. We know the examples when such brokers have deliberately limited the withdrawable sums or even arbitrarily blocked the accounts.

Quick withdrawal lets you move the money fast enough to acquire a good asset at a bargain price, realize the profit from the theoretical rally, and deposit more money back to the same Forex Broker's account or use them at your discretion. The point is that Forex brokers with fast withdrawals make your investment capital more liquid; they allow moving it more freely and avoid wasting chances to make money. So if you are an active investor who likes to hustle and move the money around, Forex brokers with instant or same-day withdrawals present a perfect solution.

Real Traders' Reviews on Forex Brokers

I made my choice in favor of ADS Securities mainly based on reviews. After that, I spent several hours on the site, studying the conditions. The opinion was good, so I opened an account. Before that, there was experience a few years ago, but the broker went bankrupt. That broker was on the market for only a couple of years and could not stand the competition. Therefore, I also chose ADS Securities for ten years of experience. I have no complaints about the service, everything is fine. The...
ADS Securities   Erik   7 Jun 2023
A broker that never forgets to improve and respond to customer needs. Of course, there are priority points common to many in choosing a broker, such as commissions for transactions, a modern brokerage mobile application, etc. for me too, but also a choice of trading instruments. I got bored with trading in stocks only after I figured out how to earn money on this asset (buy and sell, hold in debt), I began to look towards other assets. So gradually, in addition to shares, I buy bonds, including...
CMC Markets   Patrick   7 Jun 2023
I want to write that the training materials and information that the manager sent me to my email for free could be sold for money. Really interesting manuals, but in my opinion, the most valuable thing is that you can call your personal manager and he explains what I myself did not understand. I am new to trading and this is important to me. The commissions for withdrawing funds are really small, and most importantly, everything is as it is written, and it comes, without additional charges from...
CMC Markets   Ann Watson   7 Jun 2023
I had an account with Blackwell Global for about ten years. But in recent years, I did not trade and abandoned everything. A couple of months ago, I decided to get back into trading. I found the application and was pleasantly surprised that now it is one application for all brokerage needs. Because before there were several. Well done guys, they are improving and do not stand still. My username and password have not changed over the years, I entered without any problems. The application itself...
Blackwell Global   Karim   7 Jun 2023
I learned about the Blackwell Global analytical portal from a banner, got here and tested several trading systems from those presented on the portal. There are a lot of them around, and in general, many of them seemed rational and interesting to me. First, I tested on a demo account and after two months moved to real. Now I'm in the black at the end of the first month and I have already withdrawn the profit. If someone is looking for their own trading system and does not know how to choose,...
Blackwell Global   Jeremy   7 Jun 2023
I appreciate the PrimeXBT broker because this is where I was able to trade hybrid. That is, I myself trade for the medium term, I hold deals for up to a month, but from the analytical portal I work with signals in the short term. The main thing is that it's free! I take signals from the hourly timeframe and now I have 30 percent of the deposit involved for this. The result speaks for itself, since more than 80% of the invested amount from signals has already been raised in a...
PrimeXBT   Manolo   7 Jun 2023
How I almost lost everything. I recently started cooperating with FxGrow in terms of trading, at some point I looked at my friends and saw how they make money on investments, I wanted to do the same, downloaded the FxGrow application on their advice, went through training and decided that I understood everything, well, or almost everything, but if I ask my friends for advice, they know exactly how to make money. How wrong I was, I bought what seemed interesting to me and what I thought would...
FxGrow   Klaus   7 Jun 2023
I copy from signal providers and also trade myself. I want to get the most out of GKFX. I receive a return as an investor of 20% per month approximately. By the way, flip trading is a unique feature of this investment service, which allows you to copy unprofitable strategies in the opposite direction and make them profitable for yourself. I am pleasantly shocked by the technical capabilities of copying and the convenience of the GKFX platform interface itself. The future is clearly behind such...
GKFX   Robbert   7 Jun 2023
DIF is a good broker for those who like to make investment portfolios, because everything is there, and due to the high leverage and low lot size, you can make a very decent and market-diversified portfolio of assets even on $1000-3000. You never know what will shoot, for example, last year it was Bitcoin that pulled all the negative positions into plus and smoothed out the drawdowns. It should be that 20 percent of profitable assets will cover the loss of 80 percent of the rest and in the end...
DIF Broker   Jaque   7 Jun 2023
Expectations and wishlist coincided with reality. Broker did not disappoint. Orders are flying. I especially recommend it for beginners, as there are no obstacles that will confuse. The analytical portal and technical support will greatly help in making trading decisions. The set of instruments is rich, stocks, currency indices and raw materials - everything is there. The terminal works without delay. Signal accounts and other features are interesting. Quality analytics. Money is withdrawn...
Colmex Pro   Durrell   7 Jun 2023
I have an ECN/STP account, STANDARD type. And I want to tell you about its advantages and disadvantages. Maybe it will be useful for those who want to open the same type of account. Order execution is perfect. So if your strategy strongly depends on the execution accuracy then this account will be perfect. No commissions and a comfortable amount of leverage. Spreads are not tight and that's a disadvantage. But it is compensated by the absence of commissions and quality of order...
IronFX   Daniel K   7 Jun 2023
There is so much to point out as advantages at fxpro. I truly believe that it’s the best forex broker in the industry when it comes to cost-efficiency and reliability ratio. The broker’s incomparable mx of awesome trading infrastructure and credible brand overview, including impressive brokerage background. It’s understandable how Fxpro managed to win over so many clients. I strongly recommend this broker to all the traders with lack of trading...
FxPro   welson   7 Jun 2023
A broker with a great future. Based on how the work of the services is...
T4Trade   hong diep   7 Jun 2023
This broker is my conductor to the world of big finances! Recently started trading here and have already learned some "lessons" from this activity. I anyway keep...
T4Trade   Chris Ally   6 Jun 2023
And I love investing. The merit of the broker is also there. The broker literally does everything to make investing as clear as possible, even exciting and simple. Starting from free education opportunities in the form of small courses on investments, continuing with current collections of news and investment ideas to a whole section with ready-made investment solutions. Among the pluses, I also note how well the issuers' cards are worked out. You go to some promotion and there is already all...
BCS Forex   Pavl   6 Jun 2023
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Forex Rating standards of Fairness

Due to years of joint work and co-operation with established professional traders, is by right known as one of the most reputable and credible global Forex Brokers Rating. We continuously work on the applied methodology of selecting, evaluating and rating forex brokers with due attention to the highly dynamic nature of the Forex market development. Naming and ranking of the top Forex brokers are based on the analytical approach to the data array comprising various parameters of the brokers' business activities. One of the key elements of objective assessment is the feedback from fx traders regarding their interaction with our site. The interactive system is an integral part of the ever-evolving online platform. The ranking system featured by is not just a means to show off the brokers' performance parameters against the competitors, but an effective and useful tool to assess and select brokerage firms worldwide. Based on the information we provide on Forex Brokers, the traders and potential investors can make a well-based choice of a Forex company to deal with...

Forex Rating methodology

The Forex Rating evaluation system is based on the visitors' voting results. The rating participants are ranked in accordance with the actual number of positive and negative votes expressed as percentage. Remarkably, on the first day of every month all the voting figures are reset and voting starts anew to provide equal rights to all the forex brokers in their strive to the top of the rating. At the beginning of every new month our experts publish analysis of the top forex brokers performance of the previous months, highlighting the factors for strong or poor performance of the listed brokers. Our visitors at any time can have a look at the statistical data of the previous periods and to track any broker’s market behavior during the certain timeframe. The methodological concept implies comprehensive analysis and evaluation of the brokers' strong and weak points, of the opportunities and advantages the brokers offer, and of the market risks likely to be faced by traders...

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