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 (?)
1FxProFxPro2006CySEC, FCA, FSB, DFSA, SCB
2FXTMFXTM2011CySEC, FCA, IFSC
3LibertexLibertex1997CySEC
4HotForexHotForex2010CySEC, FSC, FSB, FCA, BaFin, DFSA
5FIBO GroupFIBO Group1998FSC, CySEC, FCA
6AlpariAlpari1998FSC Mauritius
7FXCMFXCM1999FCA, ASIC, SFC, CONSOB, BaFin, ACP
8Trading.comTrading.com2018FCA
9XMXM2009ASIC, CySEC, IFSC
10OctaFXOctaFX2011FCA UK
11FP MarketsFP Markets2005ASIC, CySEC
12INGOTINGOT2006ASIC, SVGFSA
13FxGloryFxGlory2011IFSA
14Grand CapitalGrand Capital2006Financial Commission, Serenity
15Just2TradeJust2Trade1994NFA, CySEC, Bank of Russia
16ROinvestingROinvesting2017CySec
17USGUSG2006ASIC, FCA
18LH CryptoLH Crypto2018VFSC
19Olymp TradeOlymp Trade2014IFC
20LBLVLBLV2018Seychelles FSA
21Admiral MarketsAdmiral Markets2001 ASIC, CySEC, FCA, EFSA
22ETFinanceETFinance2018CySec
23ProfitiXProfitiX2019not regulated
24PrimeXBTPrimeXBT2018SFSA, SVGFSA, ASIC (in process)
25InstaForexInstaForex2007BVI FSC, CySec
26PepperstonePepperstone2010ASIC, FCA
27InvestousInvestous2015CySEC
28eXcentraleXcentral2019CySEC
29UptosUptos2019not regulated
30VlomVlom2019not regulated
31HQBrokerHQBroker2017not regulated
32HFTradingHFTrading2019ASIC, NZFMA
33EightcapEightcap2009ASIC, VFSC
34DukascopyDukascopy2000FINMA
35easyMarketseasyMarkets2001CySEC, MiFID, ASIC
36FOREX.comFOREX.com1999NFA, CFTC, FCA, ASIC, FSA, IIROC, SFC
37Forex ClubForex Club2005NFA, CFTC
38Swissquote BankSwissquote Bank2000FINMA, MFSA, DFSA
39IronFXIronFX2010FCA, ASIC, FSCA, CySEC
40OandaOanda1996CFTC, NFA, FSA, IIROC, MAS
41Saxo BankSaxo Bank1992FSA
42eToroeToro2007NFA, CySEC, ASIC, CFTC, MiFID, FCA
43LiteForexLiteForex2005RMI BCA
44FBSFBS2009IFSC, CySEC
45ExnessExness2008CySEC, FCA
46RoboForexRoboForex2009CySEC, IFCS Belize, ICF
47NordFXNordFX2008VFSC, CySEC, SEBI
48Hantec MarketsHantec Markets1990FSA
49AvaTradeAvaTrade2006MiFiD, CBI, FSA, ASIC, SFB, BVI, FSCL
50Forex4youForex4you2007FSC BVI
51Interactive Brokers Group, Inc.Interactive Brokers Group, Inc.1977FSA, IIROC, CFTC, SEC
52OrbexOrbex2010CySEC
53UFXMarketsUFXMarkets2007CySEC
54FreshForexFreshForex2004CRFIN, KROUFR
55Alfa-ForexAlfa-Forex1996CySEC
56LegacyFXLegacyFX2017CySEC, BaFin, FCA
57BithovenBithoven2019FSA
58FinotecFinotec1998FSA
5924option24option2010CySEC, FMA, AFM, HELLENIC, CNB, BDF, BAFIN, ATVP, CONSOB, CNMV, FCA, CRFIN
60Trading PointTrading Point2010CySEC, SIPC
61FxNetFxNet2012CySEC
62Vantage FXVantage FX2009ASIC
63TusarFXTusarFX2012CROFR
64EverFXEverFX2016CySEC, CIMA
65Plus500Plus5002008FCA, CySEC, MAS, IE, ASIC, AFSL, FMA, FSP
66IFC MarketsIFC Markets2006FSPR (New Zealand)
67GAIN CapitalGAIN Capital1999CFTC, FSA, FSA, SFC, ASIC
68GCIGCI2002FSC
69Realtime ForexRealtime Forex2009MFSA
70iFOREXiFOREX1996CySEC
71Markets CubeMarkets Cube2011not regulated
72AL TradeAL Trade2003Not regulated
73HYCMHYCM1977CySEC, FCA, MiFID, DFSA, SFC
74HMS MarketsHMS Markets1972CCIF
75IG MarketsIG Markets1995NFA, CFTC, ASIC, FSA(UK), MAS
76TeleTradeTeleTrade1994CySEC
77AccentForexAccentForex2010MFEM (Vanuatu)
78Markets.comMarkets.com2009CySEC, FSCL
79Windsor BrokersWindsor Brokers1988CySec, FCA, ACPR, BaFin, MiFID
80ActivTradesActivTrades2010FSA
81SucdenSucden1973FSA UK
82FXOpenFXOpen2003FCA, ASIC, FC
83QuestradeFXQuestradeFX2004IIROC, FSCL
84XTBXTB2002FCA
85CMSTraderCMSTrader2013VFSC
86Stratton MarketsStratton Markets2018CySEC
87770capital770capital2010ARB
88ITRADERITRADER2013
89NPBFXNPBFX1996IFSC, Financial Commission
90FinexoFinexo2003CIF, CySEC, FSCL
91Colmex ProColmex Pro2009CySEC
92DIF BrokerDIF Broker1999CMVM, FCA
93FXDDFXDD2002NFA, CFTC, MFSA, MiFID
94Advanced MarketsAdvanced Markets2006NFA, CFTC
95GKFXGKFX2008FSA UK (#501320)
96FXCCFXCC2010CySEC
97Traders WayTraders Way2011Not regulated
98BNFXBNFX2010FMA
99FxGrowFxGrow2012CySEC
100ETrade FXETrade FX2006not regulated
101JustForexJustForex2012IFSC
102CMC MarketsCMC Markets1989Financial Conduct Authority (FCA)
103Sun Hung Kai FinancialSun Hung Kai Financial1969not regulated
104Rosenthal Collins GroupRosenthal Collins Group2010not regulated
105TickmillTickmill2014FCA UK, CySEC, FSA Seychelles
106IC MarketsIC Markets2007ASIC, ACN
107Maxi ForexMaxi Forex2008CRFIN
108FidelisFidelis2011FSPR
109ATC BrokersATC Brokers2005CFTC, NFA
110ForexiteForexite1999CySEC
111Blackwell GlobalBlackwell Global2010CySec, FCA, MiFid
112AMarketsAMarkets2007FC
113Fort Financial ServicesFort Financial Services2010IFSC
114LCGLCG1996FCA
115CM TradingCM Trading2012SA FSB
116Core SpreadsCore Spreads2014FCA
117FXFlatFXFlat1997BaFin
118ETX CapitalETX Capital2008FCA
119DF MarketsDF Markets2010FCA
120CIM BankCIM Bank1990FINMA
121ADS SecuritiesADS Securities2011FCA
122Trade360Trade3602013CySEC
123Z.com TradeZ.com Trade2013FCA, SFC, JFSA
124FX GiantsFX Giants2015FCA
125Arum CapitalArum Capital2016Cysec, MIFID
126EagleFXEagleFX2019Not regulated
127BCS ForexBCS Forex2004
128MultiBankMultiBank2005ASIC, BaFin, FMA, CNMV, FSC, CIMA, RAK
129AlphoAlpho2016FSA
1304xCube4xCube2018FSC
131ACMACM2002FINMA, ESA, DGCX
132Mega Trader FXMega Trader FXCySEC
133MAYZUSMAYZUS2008CySEC
134Citypoint TradingCitypoint Trading2008FCA, CySEC
135ForexTradingForexTrading2011CySec
136FX SolutionsFX Solutions2001CFTC, NFA, FSCL
137JFXJFX2011CySec, FSA, CNMV, BaFin, ACP
138GFT ForexGFT Forex1997FSA , NFA, CFTC, DGCX, DMCC, ASIC, MAS
139Hotspot FXHotspot FX2010CFTC, NFA
140Mada FXMada FXNFA, CFTC
141MIG BankMIG Bank2003FINMA
142ACFXACFX2007Cysec
1434XP4XP2007FMRRC, FSC (BVI)
144DBFXDBFX2006CySEC
145COESfxCOESfx1999NFA, CFTC
146MoneyForexMoneyForex2010CySEC
147FXA SecuritiesFXA Securities2000CySEC
148CBFX MarketsCBFX Markets2006not regulated
149InterbankFxInterbankFx2006
150CMS ForexCMS Forex1999CySEC
151VarengoldVarengold1995BaFin
152Tradeview ForexTradeview Forex2007FFS
153MRC MarketsMRC Markets2002SCL, SEBI
154MasterForex MasterForex 2006Financial Commission, IFSC
155ZeccoZecco2011FINRA, NFA
156BrocoBrocoFSC
157United World Capital Ltd United World Capital Ltd CySEC
158YoutradeFXYoutradeFX2011ASIC, FSC, FSA
159FalcofxFalcofx2008Not regulated
160Exto CapitalExto Capital2007BVI
161CitiFX ProCitiFX Pro2008CFTC, NFA, FCA
1623TG Brokers3TG Brokers2011FSPR
163IBCFXIBCFX2012NZFS
164GO MarketsGO MarketsASIC, CFD
165AtlaseForexAtlaseForex2010CySEC
166FXdirekt BankFXdirekt Bank2001BAFIN, EDW
167TradeFreedomTradeFreedom2010Not regulated
168Ntwo Capital MarketsNtwo Capital Markets2004Not regulated
169Spot TraderSpot Trader2008NFA
170PIPTrade PIPTrade FSA
171BerkeleyBerkeley1986FOA
172XForexXForex2003CySEC, ASIC
173STOCK.comSTOCK.com2014CySEC, MiFID , FCA, AMF, BaFin
174TFI MarketsTFI Markets1999CySEC
175AskobidAskobidCySEC, ASIC, MiFID
176BforexBforex2009Not regulated
177AFX Capital MarketsAFX Capital Markets2010CySec
178AFB FXAFB FX2010CySEC, MiFID
179FxCompanyFxCompany2011CySEC
180Forex MMCISForex MMCIS2007KROUFR
181InvesttechfxInvesttechfx2006FDA, FSCL
182NorthFinanceNorthFinance2006not regulated
183WestCapFXWestCapFX2006not regulated
184FinexFinex2006not regulated
185ITradeFXITradeFX2006not regulated
186Prime 4XPrime 4X2006not regulated
187Crown ForexCrown Forex2006not regulated
188STIFXSTIFX1998not regulated
189TradexFxTradexFx2005not regulated
190Money GramMoney Gram2006not regulated
191MGIMGI2006not regulated
192NordMarketsNordMarkets2006not regulated
193MoneyForexMoneyForex2006not regulated
194FxCastFxCast2006not regulated
195ATFXATFX2014CySec, FCA
196ForexYardForexYard1999not regulated
197ODLODL2010not regulated
198Ikon-RoyalIkon-Royal2006not regulated
199FXTSPFXTSP2006not regulated
200ForexCycleForexCycle2006not regulated
201FX UniversalFX Universal2011not regulated
202RetailFxRetailFx2006not regulated
203LQD MarketsLQD Markets2006CySEC, MiFID
204MarketivaMarketiva2009KROUFR
205Armada MarketsArmada Markets2011MKM
206TradeFortTradeFort2010not regulated
207MB TradingMB Trading1999FCA (UK), FINRA, SIPC
208CapitalXPCapitalXP2015not regulated
209Noble TradingNoble Trading1999CFTC/NFA, FINRA, SIPC
210FinFXFinFX2010CySEC, FSA
211FXTGFXTG2005AFSL
212Falcon BrokersFalcon Brokers2012CySEC
213FXallFXall2012CFTC
214SunbirdSunbird2005NA
215Forex-MarketForex-Market2009FMRRC, FSCL
216OptionTradeOptionTradeCySEC
217GulliverFXGulliverFX2014FCA
218xCFDxCFD2013FSCL
219DMM FX AustraliaDMM FX Australia2013ASIC
220HiWayFXHiWayFX2014CySEC
221Trade12Trade122015Global Fin Services
222PrivateFXPrivateFX2015CySec
223Vinson Financials LtdVinson Financials Ltd2012CySEC, MiFID
224Nas brokerNas broker2013SVGFSA
225Atom8Atom82013FCA
226STOSTO2010FCA, CySEC, CONSOB
227FormaxFormax2014FCA
228Adamant 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.

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