JustMarkets
5.0
Based on 10 user reviews
JustMarkets ReviewWithdrawal in 15 MinutesOpen Account
A Comprehensive Guide to Choosing the Right Forex Broker
Get the forex broker reviews and ratings. Find top-rated brokers for trading forex, CFDs, stocks, cryptocurrencies and more. Compare fees, platforms and features to find the right broker for your needs. Find out everything you need to know about the forex brokers review. Read now! Looking for the best forex brokers? Look no further! Read our in-depth reviews and find out who offers the best products and services.
- 415+ brokers listed
- 6 key data points each
- 15+ regulators tracked
Editor's picks
Top Rated Forex Brokers This Month
Brokers with the strongest user ratings and the best active offers right now.
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InstaForex Review$50 No Deposit BonusOpen AccountBroker comparison
Compare Forex Brokers by Reviews and Ratings@else Brokers Offering Comparing the Top Forex Brokers by Reviews and Ratings
Key account conditions at a glance. Filter by broker type or sort to find the broker that fits your budget and style.
Showing 12 of 12 brokers on this page
Rank #229- Min. Deposit
- $250
- Max. Leverage
- 1:200
- Broker Type
- ECN/
STP - Min. Spreads
- 3.0 pips
- Founded
- 2017
- Country
- Cyprus
RegulationRegulated by the Cyprus Securities and Exchange Commission (CySEC) with CIF License No 274/15
Rank #230- Min. Deposit
- $1
- Max. Leverage
- 1:500
- Broker Type
- STP
- Min. Spreads
- 0.2
- Founded
- 2007
- Country
- Seychelles
RegulationNo
Rank #231- Min. Deposit
- $100
- Max. Leverage
- 1:100
- Broker Type
- ECN/
STP - Min. Spreads
- 2 Pips
- Founded
- 2017
- Country
- Cyprus
RegulationRegulated by the Cyprus Securities and Exchange Commission-CySEC ( License number: 253/14). Company Reg. : 317107.
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Rank #232- Min. Deposit
- $1,500
- Max. Leverage
- 1 to 200
- Broker Type
- ECN/
STP - Min. Spreads
- 0.0 Pips
- Founded
- 2015
- Country
- United Kingdom
RegulationFCA No: 169760
Rank #233- Min. Deposit
- $5
- Max. Leverage
- 1:500
- Broker Type
- STP/
ECN - Min. Spreads
- 0.0 pips
- Founded
- 2018
- Country
- Vanuatu
RegulationRegulated by the VFSC (reference number 40387)
Rank #234- Min. Deposit
- $200
- Max. Leverage
- 1:500
- Broker Type
- STD /
ECN - Min. Spreads
- 0.0
- Founded
- N/A
- Country
- New Zealand
Regulation NZ Financial Markets Authority (www.fma.govt.nz)
Rank #235- Min. Deposit
- $200
- Max. Leverage
- 400:1
- Broker Type
- STD /
ECN - Min. Spreads
- 0.1
- Founded
- 2013
- Country
- Australia
RegulationASIC - Australian Securities and Investments Commission
Rank #236- Min. Deposit
- $100
- Max. Leverage
- 1:500
- Broker Type
- STP/
ECN - Min. Spreads
- 0.0 pips
- Founded
- 2019
- Country
- SVG
RegulationNo
Rank #237- Min. Deposit
- $100
- Max. Leverage
- 1:500
- Broker Type
- ECN /
STD - Min. Spreads
- 0.3
- Founded
- 2015
- Country
- Cyprus
RegulationYes
Rank #238- Min. Deposit
- $50
- Max. Leverage
- up to 1:500
- Broker Type
- ECN/
STP - Min. Spreads
- 0.03 pips
- Founded
- 2020
- Country
- Turkey
RegulationNo
Rank #239- Min. Deposit
- $250
- Max. Leverage
- 1:500
- Broker Type
- STD/
MM - Min. Spreads
- 0.3
- Founded
- 2013
- Country
- United Kingdom
RegulationFSA - Financial Services Authority
Rank #240- Min. Deposit
- $10
- Max. Leverage
- 1:400
- Broker Type
- STP/
ECN - Min. Spreads
- 0.3 Pips
- Founded
- 2014
- Country
- St. Vincent & the Grenadines
RegulationRegulated by FinaCom
No brokers match your search. Try another name or regulator, or choose “All”.
* Leverage and spreads can depend on account type and the client's country. Always confirm the latest terms on the broker's official website.
Forex brokers provide a service for currency traders to buy and sell foreign currencies. Forex brokers may be able to offer their clients a better deal than if they were to go directly to a bank or other currency provider. They may also offer different kinds of account, such as a managed account. Forex brokers typically make money from commissions or spreads. That is, they charge a fee for each transaction that their clients make. Some forex brokers may also charge a monthly or annual subscription fee. It is important to research different forex brokers before choosing one to use. There are many forex broker reviews available online that can help traders compare the different options.
Forex brokers are firms that provide traders with access to a platform that allows them to buy and sell foreign currencies. A Forex broker can either be an independent firm or a subsidiary of a larger bank. The Forex market is the largest and most liquid financial market in the world, with a daily turnover of over $6 trillion. Forex trading is unique in that there is no central exchange, but instead Forex brokers act as intermediaries between buyers and sellers. Forex brokers offer their clients a variety of services, including access to the Forex trading platform, educational resources, customer support, and account management. When choosing a Forex broker, it is important to consider factors such as regulation, account types, leverage, spreads, and commissions.
Forex Broker Reviews are important for people who want to invest in the Forex market. The Forex market is a very volatile market and it is important to know which Forex brokers are reliable and which ones are not. Forex Broker Reviews can help you make an informed decision about which Forex broker to use. There are many Forex broker review sites on the internet and it is important to read as many as possible before making a decision. It is also important to remember that no one Forex broker review site will have all the answers, so it is important to read several Forex broker review sites before making a final decision.
Forex broker reviews are one of the most important tools that a trader has at their disposal when choosing a broker. By reading through a few Forex broker reviews, a trader can get a feel for the different brokers out there and what they have to offer. Forex broker reviews also provide an excellent opportunity to learn about the pros and cons of each broker. This information is invaluable when it comes to making an informed decision about which Forex broker to use. Forex broker reviews can be found online, in Forex magazines, and even in Forex forums. When searching for Forex broker reviews, be sure to look for reputable sources that provide unbiased and objective information.
Choosing the Right Forex Broker
How to Choose the Right Forex Broker
The right broker keeps your money safe, charges fair prices and pays out quickly. Check these eight factors before you send your first deposit.
1. Regulation and licence
Regulation decides what happens to your money if something goes wrong. Find the licence number on the broker's website, then search it on the regulator's own register.
Tip: the company name on the register must match the entity that opens your account.
2. Total trading cost
Add the spread and the commission to get the real cost per lot. A 0.0-pip raw spread with a $7 round-turn commission costs about the same as a 0.7-pip spread with no commission on EUR/USD.
Tip: also check overnight swap if you hold trades for days.
3. Leverage you can control
Leverage of 1:500 means $100 of margin opens a $50,000 position. High maximum leverage helps margin efficiency, but your risk depends on position size, not on the number in the advert.
Tip: look for negative balance protection.
4. Account types and minimum deposit
Brokers with a $1–$10 minimum are good for testing. Raw-spread and ECN accounts often need $100–$500. Pick the account that matches how often and how large you trade.
Tip: cent accounts let beginners trade real money in tiny sizes.
5. Platforms and tools
MetaTrader 4 and MetaTrader 5 are the standard for expert advisors and custom indicators. cTrader and TradingView suit traders who want depth-of-market and modern charts.
Tip: test the mobile app, not only the desktop version.
6. Deposits and withdrawals
Check which local methods are supported (cards, bank transfer, e-wallets, crypto), the fees, and how long withdrawals take. Fast brokers process requests within minutes to 24 hours.
Tip: make a small withdrawal early to test the process.
7. Customer support
Good support answers in your language, 24/5 at least, through live chat, email and phone. Ask a specific question before signing up and judge the answer.
Tip: an account manager is useful but never a substitute for regulation.
8. Real user reviews
Read reviews from several sources and look for patterns. One angry review proves little; many complaints about blocked withdrawals are a serious warning.
Tip: recent reviews matter more than old ones.
Types of Forex Brokers Compared
The broker type shows how your order is executed and how the broker earns money. This affects spreads, slippage and potential conflicts of interest.
| Broker type | How orders are executed | Typical pricing | Best for | Conflict of interest |
|---|---|---|---|---|
| ECN | Matched in a network of banks and liquidity providers | Raw spread from 0.0 pips + commission | Scalpers, EAs, high volume | Low |
| STP | Passed straight through to liquidity providers | Marked-up variable spread, usually no commission | Swing and day traders | Low |
| NDD | No dealing desk; uses ECN or STP routing | Variable spread or raw + commission | Traders who want transparent fills | Low |
| Market maker | Broker takes the other side of your trade | Fixed or wider variable spread | Beginners, small accounts | Medium |
| CFD broker | Offers contracts for difference on many assets | Spread-based, varies by asset | Multi-asset traders | Depends on model |
Forex Regulators by Protection Level
Not every licence gives the same protection. Use this grouping when you read the regulation line in each broker review above.
Tier 1 · Strongest
Strict capital rules, segregated client funds, compensation schemes and leverage caps (usually 1:30 for retail).
- FCA (UK)
- ASIC (Australia)
- CySEC (EU)
- BaFin
- CIMA
Tier 2 · Moderate
Real supervision and reporting rules with more flexible leverage and bonus policies.
- FSCA (South Africa)
- FSC (Mauritius)
- DFSA (Dubai)
Tier 3 · Offshore
High leverage and bonuses allowed, lighter oversight. Pair these with a strong track record.
- FSA (Seychelles)
- VFSC (Vanuatu)
- SVG FSA
- IBC registries
How to Open a Forex Account Safely
Follow these steps to go from this list to your first live trade without surprises.
- Shortlist 2–3 brokers from the comparison list that match your deposit and broker type.
- Verify the licence on the regulator's official register.
- Open a demo account and test spreads at the times you usually trade.
- Complete KYC with a clear ID and a recent proof of address.
- Deposit a small amount and read the terms of any bonus before you accept it.
- Request a test withdrawal to confirm speed and fees.
- Scale up gradually and risk only 1–2% of your account per trade.
How ForexGoal Rates Brokers
- Regulation and fund safety30%
- Trading costs20%
- Deposits and withdrawals15%
- Platforms and tools15%
- Customer support10%
- User reviews10%
Independent scoring. Some brokers pay us when you open an account through our links. This never changes a broker's score or its position in our ranking.
Trustworthy Broker Checklist
Signs of a trustworthy broker
- Licence number you can verify on the regulator's site
- Client funds held in segregated bank accounts
- Negative balance protection
- Clear fee page with spreads, commissions and swaps
- Withdrawals processed within 1–3 business days
Red flags to avoid
- No licence or a licence that does not match the company name
- Guaranteed profits or "risk-free" trading claims
- Pressure from account managers to deposit more
- Bonuses that lock your own money
- Many recent complaints about blocked withdrawals
Comparing the Top Forex Brokers by Reviews and Ratings FAQ
What is a forex broker?
A complete guide to help you find the best Forex Broker for your trading needs. Learn what it takes to become a successful trader and get an inside look at how brokers can make that happen for you.
What are the benefits of using a forex broker?
FXDInfo explores the advantages of working with a professional forex broker. Read on to find out how they can benefit your trading career.
How do forex brokers work?
Forex brokers work in a variety of ways, but the most common is through margin trading. Learn more about how they work and the benefits they offer traders.
What are the different types of brokers?
There are many types of forex brokers out there. In this post you will find some information about them, when to use and how to choose a broker that meets your needs.
How do I choose a broker?
Get best forex brokers reviews and ratings from FXDINFO.com to find the best one for you!