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 (?)
1FXTMFXTM2011CySEC, FCA, IFSC
2AlpariAlpari1998FSC Mauritius
3LibertexLibertex1997CySEC
4FxProFxPro2006CySEC, FCA, FSB, DFSA, SCB
5FIBO GroupFIBO Group1998FSC, CySEC, FCA
6FXCMFXCM1999FCA, ASIC, SFC, CONSOB, BaFin, ACP
7OctaFXOctaFX2011FCA UK
8HotForexHotForex2010CySEC, FSC, FSB, FCA, BaFin, DFSA
9XMXM2009ASIC, CySEC, IFSC
10LegacyFXLegacyFX2012VFSC, CySEC, NBRB, BaFin, FCA, FSP
11NordFXNordFX2008VFSC, CySEC, SEBI
12eXcentraleXcentral2019CySEC
13Vantage FXVantage FX2009CIMA, SIBL
14Moneta MarketsMoneta Markets2019CIMA, SIBL
15HFTradingHFTrading2019ASIC, NZFMA
16FP MarketsFP Markets2005ASIC, CySEC
17FBSFBS2009IFSC, CySEC
18ForexTBForexTB2012CySEC
19Just2TradeJust2Trade1994NFA, CySEC, Bank of Russia
20Admiral MarketsAdmiral Markets2001 ASIC, CySEC, FCA, EFSA
21T1MarketsT1Markets2019CySEC
22ROinvestingROinvesting2017CySec
23Trading.comTrading.com2018FCA
24PepperstonePepperstone2010ASIC, FCA
25InvestLiteInvestLite2020IFSC
26SquaredFinancialSquaredFinancial2016CySEC, FSA
27CommerceWealthCommerceWealth2020n/a
28FxGloryFxGlory2011IFSA
29KiexoKiexo2020n/a
30AussieTrustAussieTrust1997n/a
31NixseNixse2019n/a
32KiplarKiplar2020n/a
33InvestiGramInvestiGram2019N/A
34Grand CapitalGrand Capital2006Financial Commission, Serenity
35FundizaFundiza2019n/a
36AlphoAlpho2016FSA
37101investing101investing2016CySEC
38ProfitiXProfitiX2019n/a
39FinmarketFinmarket2015CySec
40UptosUptos2019n/a
41VlomVlom2019n/a
42Olymp TradeOlymp Trade2014IFC
43LBLVLBLV2018Seychelles FSA
44DukascopyDukascopy2000FINMA
45easyMarketseasyMarkets2001CySEC, MiFID, ASIC
46FOREX.comFOREX.com1999NFA, CFTC, FCA, ASIC, FSA, IIROC, SFC
47Forex ClubForex Club2005NFA, CFTC
48Swissquote BankSwissquote Bank2000FINMA, MFSA, DFSA
49IronFXIronFX2010FCA, ASIC, FSCA, CySEC
50OandaOanda1996CFTC, NFA, FSA, IIROC, MAS
51Saxo BankSaxo Bank1992FSA
52eToroeToro2007NFA, CySEC, ASIC, CFTC, MiFID, FCA
53LiteForexLiteForex2005RMI BCA
54ExnessExness2008CySEC, FCA
55RoboForexRoboForex2009CySEC, IFCS Belize, ICF
56Hantec MarketsHantec Markets1990FSA
57AvaTradeAvaTrade2006MiFiD, CBI, FSA, ASIC, SFB, BVI, FSCL
58Forex4youForex4you2007FSC BVI
59Interactive BrokersInteractive Brokers1977FSA, IIROC, CFTC, SEC
60OrbexOrbex2010CySEC
61UFXMarketsUFXMarkets2007CySEC
62FreshForexFreshForex2004CRFIN, KROUFR
63LH CryptoLH Crypto2018VFSC
64Alfa-ForexAlfa-Forex1996CySEC
65BithovenBithoven2019FSA
66FinotecFinotec1998FSA
6724option24option2010CySEC, FMA, AFM, HELLENIC, CNB, BDF, BAFIN, ATVP, CONSOB, CNMV, FCA, CRFIN
68Trading PointTrading Point2010CySEC, SIPC
69FxNetFxNet2012CySEC
70TusarFXTusarFX2012CROFR
71EverFXEverFX2016CySEC, CIMA
72Plus500Plus5002008FCA, CySEC, MAS, IE, ASIC, AFSL, FMA, FSP
73IFC MarketsIFC Markets2006FSPR (New Zealand)
74GAIN CapitalGAIN Capital1999CFTC, FSA, FSA, SFC, ASIC
75GCIGCI2002FSC
76Realtime ForexRealtime Forex2009MFSA
77iFOREXiFOREX1996CySEC
78Markets CubeMarkets Cube2011not regulated
79AL TradeAL Trade2003Not regulated
80HYCMHYCM1977CySEC, FCA, MiFID, DFSA, SFC
81HMS MarketsHMS Markets1972CCIF
82IG MarketsIG Markets1995NFA, CFTC, ASIC, FSA(UK), MAS
83TeleTradeTeleTrade1994CySEC
84AccentForexAccentForex2010MFEM (Vanuatu)
85Markets.comMarkets.com2009CySEC, FSCL
86Windsor BrokersWindsor Brokers1988CySec, FCA, ACPR, BaFin, MiFID
87ActivTradesActivTrades2010FSA
88SucdenSucden1973FSA UK
89FXOpenFXOpen2003FCA, ASIC, FC
90QuestradeFXQuestradeFX2004IIROC, FSCL
91XTBXTB2002FCA
92CMSTraderCMSTrader2013VFSC
93Stratton MarketsStratton Markets2018CySEC
94770capital770capital2010ARB
95ITRADERITRADER2013
96NPBFXNPBFX1996IFSC, Financial Commission
97ETFinanceETFinance2018CySec
98FinexoFinexo2003CIF, CySEC, FSCL
99Colmex ProColmex Pro2009CySEC
100DIF BrokerDIF Broker1999CMVM, FCA
101FXDDFXDD2002NFA, CFTC, MFSA, MiFID
102Advanced MarketsAdvanced Markets2006NFA, CFTC
103GKFXGKFX2008FSA UK (#501320)
104FXCCFXCC2010CySEC
105Traders WayTraders Way2011Not regulated
106BNFXBNFX2010FMA
107FxGrowFxGrow2012CySEC
108ETrade FXETrade FX2006not regulated
109JustForexJustForex2012IFSC
110CMC MarketsCMC Markets1989Financial Conduct Authority (FCA)
111Sun Hung Kai FinancialSun Hung Kai Financial1969not regulated
112INGOTINGOT2006ASIC, SVGFSA
113PrimeXBTPrimeXBT2018SFSA, SVGFSA, ASIC (in process)
114Rosenthal Collins GroupRosenthal Collins Group2010not regulated
115InstaForexInstaForex2007BVI FSC, CySec
116TickmillTickmill2014FCA UK, CySEC, FSA Seychelles
117IC MarketsIC Markets2007ASIC, ACN
118USGUSG2006ASIC, FCA
119Maxi ForexMaxi Forex2008CRFIN
120FidelisFidelis2011FSPR
121ATC BrokersATC Brokers2005CFTC, NFA
122ForexiteForexite1999CySEC
123Blackwell GlobalBlackwell Global2010CySec, FCA, MiFid
124AMarketsAMarkets2007FC
125Fort Financial ServicesFort Financial Services2010IFSC
126LCGLCG1996FCA
127CM TradingCM Trading2012SA FSB
128Core SpreadsCore Spreads2014FCA
129FXFlatFXFlat1997BaFin
130ETX CapitalETX Capital2008FCA
131DF MarketsDF Markets2010FCA
132CIM BankCIM Bank1990FINMA
133ADS SecuritiesADS Securities2011FCA
134Trade360Trade3602013CySEC
135Z.com TradeZ.com Trade2013FCA, SFC, JFSA
136FX GiantsFX Giants2015FCA
137Arum CapitalArum Capital2016Cysec, MIFID
138EagleFXEagleFX2019Not regulated
139BCS ForexBCS Forex2004
140MultiBankMultiBank2005ASIC, BaFin, FMA, CNMV, FSC, CIMA, RAK
141InvestousInvestous2015CySEC
142EightcapEightcap2009ASIC, VFSC
143LonghornFXLonghornFX2020not regulated
1444xCube4xCube2018FSC
145ACMACM2002FINMA, ESA, DGCX
146Mega Trader FXMega Trader FXCySEC
147MAYZUSMAYZUS2008CySEC
148Citypoint TradingCitypoint Trading2008FCA, CySEC
149ForexTradingForexTrading2011CySec
150FX SolutionsFX Solutions2001CFTC, NFA, FSCL
151JFXJFX2011CySec, FSA, CNMV, BaFin, ACP
152GFT ForexGFT Forex1997FSA , NFA, CFTC, DGCX, DMCC, ASIC, MAS
153Hotspot FXHotspot FX2010CFTC, NFA
154Mada FXMada FXNFA, CFTC
155MIG BankMIG Bank2003FINMA
156ACFXACFX2007Cysec
1574XP4XP2007FMRRC, FSC (BVI)
158DBFXDBFX2006CySEC
159COESfxCOESfx1999NFA, CFTC
160MoneyForexMoneyForex2010CySEC
161FXA SecuritiesFXA Securities2000CySEC
162CBFX MarketsCBFX Markets2006not regulated
163InterbankFxInterbankFx2006
164CMS ForexCMS Forex1999CySEC
165VarengoldVarengold1995BaFin
166Tradeview ForexTradeview Forex2007FFS
167MRC MarketsMRC Markets2002SCL, SEBI
168MasterForex MasterForex 2006Financial Commission, IFSC
169ZeccoZecco2011FINRA, NFA
170BrocoBrocoFSC
171United World Capital Ltd United World Capital Ltd CySEC
172YoutradeFXYoutradeFX2011ASIC, FSC, FSA
173FalcofxFalcofx2008Not regulated
174Exto CapitalExto Capital2007BVI
175CitiFX ProCitiFX Pro2008CFTC, NFA, FCA
1763TG Brokers3TG Brokers2011FSPR
177IBCFXIBCFX2012NZFS
178GO MarketsGO MarketsASIC, CFD
179AtlaseForexAtlaseForex2010CySEC
180FXdirekt BankFXdirekt Bank2001BAFIN, EDW
181TradeFreedomTradeFreedom2010Not regulated
182Ntwo Capital MarketsNtwo Capital Markets2004Not regulated
183Spot TraderSpot Trader2008NFA
184PIPTrade PIPTrade FSA
185BerkeleyBerkeley1986FOA
186XForexXForex2003CySEC, ASIC
187STOCK.comSTOCK.com2014CySEC, MiFID , FCA, AMF, BaFin
188TFI MarketsTFI Markets1999CySEC
189AskobidAskobidCySEC, ASIC, MiFID
190BforexBforex2009Not regulated
191AFX Capital MarketsAFX Capital Markets2010CySec
192AFB FXAFB FX2010CySEC, MiFID
193FxCompanyFxCompany2011CySEC
194Forex MMCISForex MMCIS2007KROUFR
195InvesttechfxInvesttechfx2006FDA, FSCL
196NorthFinanceNorthFinance2006not regulated
197WestCapFXWestCapFX2006not regulated
198FinexFinex2006not regulated
199ITradeFXITradeFX2006not regulated
200Prime 4XPrime 4X2006not regulated
201Crown ForexCrown Forex2006not regulated
202STIFXSTIFX1998not regulated
203TradexFxTradexFx2005not regulated
204Money GramMoney Gram2006not regulated
205MGIMGI2006not regulated
206NordMarketsNordMarkets2006not regulated
207MoneyForexMoneyForex2006not regulated
208FxCastFxCast2006not regulated
209ATFXATFX2014CySec, FCA
210ForexYardForexYard1999not regulated
211ODLODL2010not regulated
212Ikon-RoyalIkon-Royal2006not regulated
213FXTSPFXTSP2006not regulated
214ForexCycleForexCycle2006not regulated
215FX UniversalFX Universal2011not regulated
216RetailFxRetailFx2006not regulated
217LQD MarketsLQD Markets2006CySEC, MiFID
218MarketivaMarketiva2009KROUFR
219Armada MarketsArmada Markets2011MKM
220TradeFortTradeFort2010not regulated
221MB TradingMB Trading1999FCA (UK), FINRA, SIPC
222CapitalXPCapitalXP2015not regulated
223Noble TradingNoble Trading1999CFTC/NFA, FINRA, SIPC
224FinFXFinFX2010CySEC, FSA
225FXTGFXTG2005AFSL
226Falcon BrokersFalcon Brokers2012CySEC
227FXallFXall2012CFTC
228SunbirdSunbird2005NA
229Forex-MarketForex-Market2009FMRRC, FSCL
230OptionTradeOptionTradeCySEC
231GulliverFXGulliverFX2014FCA
232xCFDxCFD2013FSCL
233DMM FX AustraliaDMM FX Australia2013ASIC
234HiWayFXHiWayFX2014CySEC
235Trade12Trade122015Global Fin Services
236PrivateFXPrivateFX2015CySec
237Vinson Financials LtdVinson Financials Ltd2012CySEC, MiFID
238Nas brokerNas broker2013SVGFSA
239Atom8Atom82013FCA
240STOSTO2010FCA, CySEC, CONSOB
241FormaxFormax2014FCA
242Adamant 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.

All Forex Reviews

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.

TOP 10 Best Forex Trading Platforms
Best Forex Platforms 2020

A variety of web terminals and specialized software makes a choice of a trading platform a difficult one for a novice trader. What should be this vital decision based on? To begin with, it is necessary to highlight the main criteria that high-quality software must meet for making money on financial markets...

Top 10 Forex Platforms 2020

All Forex Platforms
Top 10 Profitable Forex Advisors
The Most Profitable Forex Advisors

Automated trading systems are an opportunity to create passive earnings in the financial markets for all users. Successful and proven strategies are integrated into the algorithm of advisers, which will make it possible to earn on the pricing of assets without delving into the subtleties of technical analysis. We present the Top 10 Forex Advisors including Equilibrium, Excalibur, Night Owl...

Top 10 Forex Advisors 2020

Forex Advisor Yield, %
1Flex300
2Fortnite135
3FX Classic Trader335
4Happy Frequency1163
5FX BlasterPRO180
6Trade Manager65.39
7FXCharger77.31
8Forex Truck246
9Alfa Scalper49.36
10XFXea180
All Forex Advisors
LegacyFX
1 Dec, 2020   LegacyFXWhy are Forex trading signals important?

After you are happy with your demo account, you will want to start trading. However, the truth is that you would not have trained yourself properly in Forex trading...

LegacyFX
1 Dec, 2020   LegacyFXForex signals and strategy systems in currency trading

Exchange of a nation's currency for that of another is Foreign Exchange (FOREX). The foreign exchange market is a largest non-stop financial market in the world...

LegacyFX
1 Dec, 2020   LegacyFXFinding Forex Trading Signals Services that are very profitable

How you can find a great currency Trading alert or signal service is not that hard if you follow the systematic method recommended in this article...

LegacyFX
1 Dec, 2020   LegacyFXChoosing a Forex Third Party Signal Provider

When choosing a third party signal provider for your forex account you need to be careful. Here are a few tips and things to look for when making your decision...

LegacyFX
1 Dec, 2020   LegacyFXAutomated Wealth Forex Signals

Unless you are already a full-time trader, or unable to access a computer 24 hours a day, it's difficult to trade forex on a part-time basis. Many forex brokers...