Top Forex Brokers of 2025
FOREX.com
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FOREX.com is a globally trusted forex and CFD broker established in 2001 and owned by StoneX Group Inc. It is regulated by major authorities, including the CFTC, FCA, and ASIC. The broker offers over 80 currency pairs and a wide range of CFDs through platforms like MetaTrader 4, MetaTrader 5, TradingView, and its own proprietary platform. With account types like Standard and DMA, spreads from 0.0 pips, and leverage up to 1:500, FOREX.com supports both beginners and advanced traders with strong educational tools and reliable customer support.TegasFX
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TegasFX is a forex and CFD broker offering ECN/STP trading with direct access to institutional-grade liquidity. Established in 2016 and regulated by the Vanuatu Financial Services Commission (VFSC), TegasFX provides traders with a diverse range of instruments and competitive trading conditions.Traders can access over 100 instruments, including Forex pairs, CFDs on commodities, indices, and cryptocurrencies. The broker offers multiple account types, including MT4 ECN/STP, MT5 ECN/STP, and FIX API 4.4, with leverage up to 1:200 and spreads starting from 0.2 pips. TegasFX supports automated t
CedarFX
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CedarFX is an eco-conscious forex and CFD broker established in 2020, offering a diverse range of trading instruments with a focus on sustainability. Operating under the Financial Services Commission of Mauritius, CedarFX provides access to over 170 assets, including Forex pairs, Stocks, Indices, Commodities, and Cryptocurrencies.Traders can utilize the MetaTrader 4 (MT4) platform across desktop, web, and mobile devices, with leverage up to 1:500. CedarFX offers two account types: the 0% Commission Account, which features zero commission fees and ultra-low spreads, and the Eco Account, whi
PaxForex
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PaxForex is an online forex and CFD broker established in 2010 that offers trading through the MetaTrader 4 platform. The company provides a variety of financial instruments including forex pairs, stocks, indices, spot metals, and cryptocurrencies. PaxForex offers multiple account types such as Cent, Mini, Standard, and VIP accounts with minimum deposits ranging from $10 to $10,000. The broker provides leverage up to 1:500 and competitive spreads starting from 0.4 pips. Additionally, PaxForex offers educational resources, VPS services, and various promotional offers to support traders.Hugo's Way
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HugosWay is a global forex and CFD broker offering a wide range of trading instruments and flexible trading conditions. We provide access to over 100 instruments, including Forex, Cryptocurrencies, Indices, Commodities, and Metals.Traders can use our MetaTrader 4 platform on desktop, web, and mobile devices, with leverage up to 1:500. We offer multiple account types with competitive spreads and no requotes, supporting both instant and market execution. Our services include fast deposit and withdrawal options, 24/7 customer support, and a focus on transparency and security to support trader
HF Markets Group
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HF Markets Group, formerly known as HotForex, is a multi-asset global broker established in 2010. Headquartered in Cyprus, it operates across several regions, including the UK, UAE, South Africa, and Seychelles, and is regulated by multiple financial authorities. The broker offers a wide range of financial instruments such as forex pairs, commodities, indices, cryptocurrencies, stocks, and ETFs. Traders can access these markets through popular platforms like MetaTrader 4, MetaTrader 5, and a proprietary mobile app. HF Markets provides various account types to suit different trading needs, wEagleFX
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EagleFX was an online forex and CFD broker established in 2019 that offered trading through the MetaTrader 4 platform. They provided access to a wide range of financial instruments including over 50 forex pairs, commodities like gold and oil, stock indices, and more than 30 cryptocurrencies. EagleFX was known for its high leverage options, offering up to 1:500 on forex trades and up to 1:100 on cryptocurrencies. The broker allowed trading 24/7, which was especially appealing to cryptocurrency traders. In March 2025, EagleFX merged with LHFX, and all client accounts and funds were securely migrGerchik & CO
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Gerchik & Co is an STP forex and CFD broker founded in 2015 by professional trader Alexander Gerchik, offering over 530 trading instruments including forex pairs, stocks, indices, commodities, and cryptocurrencies. The company emphasizes risk management, providing proprietary tools like the Risk Manager and Algorithm Developer to help traders protect their capital and enhance their strategies. Traders can choose from various account types such as Zero, Mini, Simple, Silver, Gold, and Platinum, with minimum deposits starting from $100 and leverage up to 1:100. Gerchik & Co supports MetaTrader 4Weltrade
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Weltrade is an online forex and CFD broker established in 2006, offering a range of financial instruments including currency pairs, metals, commodities, and cryptocurrencies. The company operates under the regulation of the Financial Sector Conduct Authority (FSCA) in South Africa and is registered in Saint Vincent and the Grenadines. Weltrade provides multiple trading platforms such as MetaTrader 4, MetaTrader 5, and a proprietary web-based platform, catering to both manual and algorithmic traders. The broker offers various account types, including Micro, Premium, Pro, ZuluTrade, and DigitalTrader's Way
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Trader’s Way was established with the principle mission - to provide traders with unrestricted access to the forex markets. We have collected the best products, technologies and services, so that the needs of every trader are fully satisfied. Under one forex broker, without losing time, you can find everything to trade the way you like, without boundaries and limits.DecodeFX
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Decode Global is a major online Forex and CFD broker registered and regulated in Vanuatu (CN 700415) . The company brings together top elites with decades of experience from major banks, investment banks, fund management, accounting and tax industries. This has allowed Decode Global to grow rapidly and attracted traders at all levels world-wide.Xlence
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Xlence has developed an advanced, user- friendly and flexible trading environment to support traders of all levels. We're a top player in online trading, offering access to global financial markets for both beginner and professional traders. Our mission is simple: to help you achieve your financial goals regardless of your expertise. Our focus is to constantly improve and develop our services, making your trading experience in the financial markets as smooth as possible. We aim to provide our clients with all the necessary tools to meet their trading objectives. This includes access to a flexiEsperio
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Esperio is a global broker offering a wide range of trading opportunities in forex, stocks, indices, commodities, cryptocurrencies, and more. We provide powerful trading platforms including MetaTrader 4 and 5, along with access to trading tools and analytics to support efficient decision-making.We offer various account types designed to meet the needs of different traders, from beginners to professionals. Our clients can choose between accounts with fixed or floating spreads, raw pricing with commissions, and premium-level services for advanced traders. We are committed to maintaining tran
FIBO Group
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FIBO Group is an international financial holding company established in 1998 that offers online trading services mainly in the Forex market. They provide a variety of financial instruments including CFDs on stocks, commodities, cryptocurrencies, and indices through advanced trading platforms like MetaTrader 4, MetaTrader 5, and cTrader. The company is regulated by authorities in the British Virgin Islands and Cyprus, ensuring compliance with international standards. With a global presence, FIBO Group serves both beginner and experienced traders by offering multiple account types, educational rTradeview Markets
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Tradeview was established in 2004 with a vision: To provide unmatched online trading solutions to a broad range of traders and investors around the world. We are more than just a brokerage, Tradeview gives its clients the latest trading technology, flexibility and personal support with our cultivated team of industry professionals. This means 24 hour trade support and streamlined administrative procedures to ensure your needs are met with speed and accuracy. At Tradeview Markets accountability is key to ensuring a strong market reputation. We place a great deal of emphasis on our regulatory reHeadway
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Headway is internationally acclaimed Forex broker that provides traders with access to over 500+ trading instruments, including currency pairs, metals, energies, cryptocurrencies. Regulated by the FSCA, the broker offers a transparent and secure trading environment with competitive spreads and fast market execution, allowing traders to optimize their strategies.The company stands out for its customer-centric approach, featuring 0 commission on deposits and withdrawals, unlimited leverage as well as the Copytrade system, empowering users to follow top traders' strategies.
Yulia Ivanova,
Circle Markets
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About Circle MarketsCircle Markets was founded with our client’s trade profitability as the primary focus. Our experienced specialists offer Fix API Trading connections, within a high-quality trading environment.
Who We Are
Founded in 2008 in New Zealand by traders, Circle Markets began by developing quantitative Trading Systems. One year later, we began managing client funds with our automated quantitative trading systems.
By 2016, Circle Market had spent years in risky trading markets and our experts realized there was a real need for safe trading opportunities. This led to the c
Excel Markets
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Industry-Shattering Spreads; One-click Execution; Fanatical Client Services; High-Speed ECN Execution; 8 base account currencies; Mobile trading (Android, iPhone, Windows); Signal Providers; Auto-trading/Scalping WelcomeClient funds held in segregated accounts at top tier banks under strict government sanctioned client fund protection laws.
Virtuous company ethos fused with the pragmatic regulatory framework of the New Zealand Financial Markets Authority.
Easy to use client control panel supports instant sub-account creation, instant internal transfers, and more right from the web.
Fast,
FXChoice
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FXChoiceTrade forex and CFDs with tight spreads, rapid execution and award-winning customer service
Since our establishment in 2010, we have gone from strength to strength in the forex world, building a rock-solid reputation for customer care across the industry. Our company ethos puts client needs at the centre of everything we do; we want our clients to feel they can come to us with any trading problem, no matter how small it may seem.
The Financial Services Commission of Belize regulates us, guaranteeing fund security, segregated account management and fair conditions for all our
USGFX
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USGFX is a premium Australian forex and CFD broker, enabling clients worldwide to trade currency pairs, indices and commodities safely and securely online.As well as providing our clients with direct access to the global foreign exchange market, we also provide the market news, analysis, and trading set ups so our clients can make their trading decisions conveniently and with technical analysis of the highest quality.
Headquartered in Sydney, USGFX is regulated by the Australian Securities and Investment Commission (ASIC) and we hold an Australian Financial Services Licence (AFSL).
Attract
AvaTrade
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Welcome to AvaTrade, where we empower you to step into the dynamic world of trading with confidence and expertise. Whether you're a seasoned trader or just starting out, AvaTrade offers a platform that caters to your needs, providing a seamless and intuitive trading experience.At AvaTrade, we are committed to:
Providing a Robust and Reliable Platform: Our state-of-the-art platform is designed to ensure a smooth and efficient trading experience, equipped with advanced tools and features to help you make informed decisions.
Offering a Wide Range of Assets: Dive into a diverse portfolio
Traders Global Group
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Traders Global Group is a Canadian-based financial services provider specializing in trading technology and solutions. With over 20 years of experience, we have developed a reputation for delivering advanced risk management tools and services to some of the world’s most renowned Forex brokers and proprietary trading firms.We offer a range of trading instruments, including Forex, precious metals, digital asset commodities, broad-based stock indices, and oil. Our platform provides traders with access to leveraged contracts in these markets, aiming to enhance trading opportunities.
Traders
FXGT
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FXGT.com was established to revolutionize the trading experience, offering clients the best of both worlds—Forex and Crypto—through its unique 'Hybrid' trading model. This model enables traders to deposit and withdraw in both fiat and cryptocurrencies and provides access to a broad range of instruments offered by traditional Forex and Crypto brokers. FXGT.com aims to create a tailored trading environment that meets the needs and expectations of traders, supporting them in their trading journey with both freedom and flexibility.*Note: The CySEC license is reserved exclusively for institutio
PU Prime
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PU Prime is an award-winning CFD broker offering clients access to multiple products across multiple asset classes. Traders will have access to FX, Commodities, Indices, Share CFD's and Bonds. With its commitment to providing a world-class trading environment for its customers, PU Prime offers low spreads, top-tier execution, professional 24/7 service, in a safe and regulated trading environment.FXPIG
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FXPIG™ is not your typical broker. Boasting over a decade of experience in the market, FXPIG™ provides a world-class trading environment to its clients, designed and built by traders for traders. We offer 100% STP execution and Raw Spreads starting from 0.0 across an extensive selection of products to trade, including Forex, Stocks, Commodities, Indices, Cryptocurrencies, CFDs, and more. Our award-winning Multi-Asset Liquidity is available via the world’s most renowned trading platforms such as MT4, MT5, cTrader, and FIX API. With our exceptional customer support, free trading tools, and pThinkMarkets
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ThinkMarkets has a clear focus on providing world-class trading conditions and infrastructure, as well as providing the best possible customer service.Founded in 2010, ThinkMarkets is regulated by the Australian Securities and Investments Commission (ASIC), Financial Conduct Authority (FCA), Financial Services Agency (Japan), and Financial Sector Conduct Authority (FSCA).
AFSL Number: 424700
FRN: 629628
Swissquote Bank
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Valutrades
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Valutrades Limited is a UK domiciled and Financial Conduct Authority regulated business that was established in 2013.We are providers of contracts for difference and foreign exchange trading, offering innovative trading platform solutions that appeal to traders of all levels, from beginners to experts.
Blackwell Global Investment
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Blackwell Global, founded in 2010, prides itself on its commitment to being the most trusted financial service provider. Blackwell Global offers all clients, money managers and industry professionals the ability to trade products such as Forex, Indices and a range of Commodities including Precious Metals and Oil.The Blackwell Global team understands that every trader is searching for their “edge” - which is why we are dedicated to providing traders with an efficient solution, customisable trading conditions and access to new technologies that ensure our traders get fast access to multiple
Dukascopy
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Dukascopy Europe IBS AS is EU licensed investment brokerage company which is 100% owned by Swiss Forex bank Dukascopy Bank SA.In accordance with White Label Agreement with Dukascopy Bank SA, Dukascopy Europe provides to its clients an access to the Swiss Foreign Exchange Marketplace on the same conditions which are available to the clients of Dukascopy Bank.
Dukascopy Europe offers an access to the Swiss Foreign Exchange Marketplace. This market provides the largest pool of ECN spot forex liquidity available for banks, hedge funds, other institutions and professional traders.
By combining
ATC Brokers
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ATC Brokers is a forex and CFD brokerage established in 2005, offering trading services in forex, indices, commodities, and cryptocurrencies. The company is regulated by the UK's Financial Conduct Authority (FCA) and the Cayman Islands Monetary Authority (CIMA), ensuring a secure trading environment. Traders can access markets through the MetaTrader 4 platform, enhanced with ATC's proprietary MT Pro plugin, which provides features like one-click execution and bracket orders. ATC Brokers offers various account types, including standard, raw spread, and managed accounts, catering to different trAMarkets
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AMarkets is a global Forex broker and has been providing impeccable service since 2007. The company stays focused on developing new services and products and introducing innovative technologies. Along with the integration of new trading solutions, AMarkets offers an individual approach to each client. The broker has managed to create a perfect set of conditions to trade and invest in financial markets, which is confirmed by a large number of loyal customers and awards.AMarkets broker offers a wide range of financial instruments for online trading, including Forex instruments, CFDs, metal
zForex
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Stepping into the world of currency exchange and investment should be an encouraging experience. That is why we offer an environment built on transparency and flexibility to support your trading journey confidently.zForex is an internationally licensed broker regulated by the Mwali International Services Authority (MISA) and registered in Saint Vincent and the Grenadines. Our operations are supported by advanced technology and security protocols to ensure the safety of your funds, with a mission to cultivate a community of informed investors who can make confident decisions in the global m
Plexytrade
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PlexyTrade is an A-book and unregulated broker established in 2024. While the brokerage is relatively new, the experience behind the company goes well over 20 years. With 24/5 live chat and phone support, a dedicated onboarding team, and an account manager team to assist after onboarding, traders always have someone to speak with regarding their accounts and trading journey.FXOpen Markets Limited
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FXOpen was founded in 2003.FXOpen is one of the largest Forex brokers in the world enjoying unprecedented client base growth due to innovative, unique services, reliable trading conditions, and strong customer support principles.
FXOpen offers different types of accounts for traders with different trading styles, objectives, starting capital, experience and skills:
- ECN accounts
- STP accounts
- PAMM accounts (PAMM ECN and PAMM STP)
- Micro accounts
- Crypto accounts (to trade Bitcoin, Litecoin, and Namecoin)
FXOpen offers an ECN-integrated MT4 trading platform, compatible with algorith
FXTM
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The company is a broker holding an Investment Dealer (Full Service Dealer - Excluding Underwriting) Licence from the Financial Services Commission of Mauritius. Our trading brand FXTM currently serve over two million clients from multiple regulated entities, offering our services in 18 languages to clients in 150 countries.We provide flexible low-cost trading in FX, commodities, indices, equities and much more alongside unique education and support provided by teams located across the world.
Forex Club
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Forex Club, established in 1997, is a global forex and CFD broker operating under the Libertex brand. The company offers trading services through its proprietary Libertex platform, which features a user-friendly interface suitable for both novice and experienced traders. Clients have access to a wide range of financial instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies. Forex Club is regulated by the Cyprus Securities and Exchange Commission (CySEC), ensuring compliance with European financial standards. With a presence in over 120 countries and a client basIG Markets
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IG Markets is a UK-based online trading provider offering access to over 17,000 financial markets, including CFDs, forex, indices, commodities, and cryptocurrencies. Established in 1974 and headquartered in London, IG is regulated by the Financial Conduct Authority (FCA) and is part of the FTSE 250 Index. The company provides award-winning trading platforms and tools for both retail and institutional clients worldwide. Their services include spread betting, CFD trading, and stockbroking, with a strong focus on education and customer support.RannForex
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Dmitry Rannew, in the Russian forex segment for more than 20 years, is known under the nickname Rann. He is the creator, owner and inspirer of this project. At the same time he is the CEO of a large development company AMTS Solutions, which specialises in writing software for brokers.Dmitry worked for more than 10 years at the Central Bank of the Russian Federation, 8 years at Alpari (he was a member of the Board of Directors), several years as CEO of GKFX, and then headed AMTS Solutions.
Dmitry has always fought for the purity of the forex industry and eventually came to create his own
What Is a Forex Broker?
A Forex broker acts as an intermediary between individual traders and the global Forex market. They provide traders with the tools, platforms, and access needed to execute currency trades. Brokers facilitate the buying and selling of currencies, often offering additional services such as market analysis, leverage options, and educational resources. These brokers are essential for anyone looking to engage in currency trading, whether they are beginners or seasoned professionals.
What to Consider When Choosing a Broker?
When choosing a Forex broker, make sure they are regulated by a trusted authority to ensure your funds are safe. Check if they offer the currencies or assets you want to trade and ensure the trading platform is easy to use and reliable. Also, look for account types that suit your trading style and experience, and compare the costs like spreads, commissions, and other fees to make sure they fit your budget. Do not forget to check if the customer service is reliable and available when you need it, and consider any extra features like tools, educational resources, or demo accounts to help you get started.
How Do I Know If a Broker Is Reliable?
To determine if a broker is reliable, start by checking whether they are licensed and regulated by a reputable authority. Regulatory bodies ensure that brokers follow strict industry standards for security and customer protection. Additionally, look at the brokers transparency in their operations, a reputable broker should be clear about its pricing, services, and policies.
What Is the Best Broker for Beginners?
For beginners, the best broker typically offers a user-friendly platform, educational resources, and excellent customer support. It’s also helpful if the broker provides demo accounts so that you can practice trading without financial risk. Look for brokers that have a clear and simple fee structure, with low or no commissions and spreads, so beginners can start learning without overwhelming costs.
Looking for the Best Forex Broker to Start Trading?
Hear from Myfxbook users who’ve worked with these brokers and shared their experiences based on: Platform Features, Customer Support, Account Types, and Pricing. Be sure to check out the written reviews for extra tips and personal recommendations on which brokers are the most reliable and user-friendly for your trading journey.