Advertisement
Closed Brokers
Featured
FOREX.com
Platform
2.6/5
Customer service
2.6/5
Pricing
2.5/5
Features
2.3/5
Features
9 currencies
Leverage: 1:50
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
+4
Regulation: NFA (US)
+8
Description
FOREX.com is a globally trusted forex and CFD broker founded in 2001 and a wholly owned subsidiary of StoneX Group Inc. (NASDAQ: SNEX), a publicly traded Fortune 50 financial services company. Regulated by leading authorities including the NFA, FCA, and ASIC, FOREX.com provides access to over 80 currency pairs and a broad range of CFDs* across stocks, commodities, metals, indices, and cryptocurrencies.Traders can choose from powerful platforms such as MetaTrader 4, MetaTrader 5, TradingView, and FOREX.com’s proprietary platform. With Standard and RAW Pricing account options offering spread
Turnkey Forex
Platform
5/5
Customer service
5/5
Pricing
5/5
Features
4.9/5
Features
2 currencies
Leverage: 1:400
Platform: MetaTrader 4 (MT4), ActTrader
Regulation: No Regulation
Description
Turnkey Forex allows anyone to trade the financial markets with us. We strive to offer the best trading experience in the world through superior trading technology, low spreads, fast execution, and stellar customer support. Our management team has a solid track record with vast experience in the industry and understands what traders need to trade effectively. Our aim is to provide customers with a stellar trading experience.Turnkey Forex started up as an Investment Advisor for institutional investors , and we’ve been on an epic ride ever since. From our beginnings from Wall Street to launchi
FinproTrading
Platform
4.6/5
Customer service
4.4/5
Pricing
4.6/5
Features
4.6/5
Features
6 currencies
Leverage: 1:400
Platform: MetaTrader 4 (MT4), ActTrader
+2
Regulation: No Regulation
Description
FinPro Trading is a leading Forex broker that provides complete trading solutions for all segments of markets, ranging from Currency, commodities, Global Indices and Individual stocks. Finpro’s arsenal of trading platform supports all kinds of trading activities ranging from manual trading, auto to social trading. We are known for our transparency, integrity and excellence in all area of services.FinPro has always strived to bridge the gap between the trading experiences received by retail clients versus that received by institutional clients. Our servers are co-located in LD4 facilities wit
AximTrade
Platform
4.3/5
Customer service
4.3/5
Pricing
4.2/5
Features
4.3/5
Features
1 currencies
Leverage: 1:3000
Platform: MetaTrader 4 (MT4)
Regulation: No Regulation
Description
AximTrade is an online financial services provider that offers forex, indices, metal, and cryptocurrencies for trading online with over 100,000 active clients from all around the world. AximTrade stands out as a forex broker for its reliability and excellent trading conditions with flexible leverage, 100+ trading instruments, 0.004s execution speed, and up to 100% bonus.Starting trading with a minimum deposit of $1 is one of the top privileges of AximTrade accounts and considered among the lowest in the industry. With a fast registration and low minimum requirement to open an account, Axi
Armada Markets
Platform
3.6/5
Customer service
3.4/5
Pricing
3.9/5
Features
3.1/5
Features
5 currencies
Leverage: 1:500
Platform: MetaTrader 4 (MT4)
Regulation: MKM (Estonia)
Description
Armada Markets offers great trading conditions – low market spreads, no requotes, full STP and DMA, absolute transparency and the latest trading technology. We are highly rated among scalpers and traders using Expert Advisors and algorithmic trading models. We believe that computer-assisted trading is a trend that will change the world. We use the latest network and technology solutions and we also use the new advanced MetaTrader4 trading platform capable of handling a massive amount of orders per second.
International PAMM Services
Platform
3.9/5
Customer service
3.9/5
Pricing
3.9/5
Features
3.9/5
HF Markets
Platform
3.6/5
Customer service
3.5/5
Pricing
3.4/5
Features
3.4/5
Features
3 currencies
Leverage: 1:30
Platform: MetaTrader 4 (MT4), Web Platform
+1
Regulation: FSC (British Virgin Islands)
+2
Description
HotForex is an award winning forex and commodities broker, providing trading services and facilities to both retail and institutional clients. Through its policy of providing the best possible trading conditions to its clients and allowing both scalpers and traders using expert advisors unrestricted access to its liquidity, HotForex has positioned itself as the forex broker of choice for traders worldwide.
One Trade
Platform
3.7/5
Customer service
3.5/5
Pricing
3.6/5
Features
3.7/5
Features
3 currencies
Leverage: 1:100
Platform: MetaTrader 4 (MT4), Web Platform
+1
Regulation: FCA (UK)
Description
OneTrade is regulated by the Financial Conduct Authority (FCA) in the United Kingdom to provide brokerage, asset management and advisory services, under Reference Number 537787. This allows us to provide our clients with one of the highest levels of consumer protection and standards of service.OneTrade operates as an absolute electronic trading environment for retail, institutional, Algo traders, and sophisticated money managers, to deliver an outstanding trading functionality, environment, liquidity depth, and ultra-low execution latency at competitive trading costs. We have our servers hos
RVD Markets
Platform
4.5/5
Customer service
3.2/5
Pricing
4.2/5
Features
3.8/5
Features
3 currencies
Leverage: 1:1000
Platform: MetaTrader 4 (MT4), cTrader
Regulation: NSSMC (Ukraine)
Description
The Company offers unique trading conditions to all wishing regardless of the initial deposit, volume of trade and type of trading strategy. Our Broker organizes the transfer of Clients orders in the system of Straight Through Processing (STP) directly to providers of liquidity. As the сommission charged for this, is the main source of income, we are directly interested in the growth of trading volumes.Special attention is paid to the work with Clients and strives to maximally satisfy their needs and wishes, ensuring, thus, personality-oriented approach to each Client. We guarantee full trans
S.A.M. Trade
Platform
4.2/5
Customer service
4.4/5
Pricing
4.2/5
Features
4.4/5
Features
1 currencies
Leverage: 1:1000
Platform: MetaTrader 4 (MT4)
Regulation: ASIC (Australia)
Description
S.A.M. Trade is built by the traders, for the traders. We understand our client's needs and work towards giving them all the technology, tools and services they need to stay on top in today's turbulent financial market.S.A.M. Trade is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market.
S.A.M. Trade is incorporated in Saint Vincent and the Grenadines under registered number 25290 IBC 2019 by the Registrar of International Business Companies.
S.A.M. Trade is registered and
C 7 Traders
Platform
5/5
Customer service
5/5
Pricing
5/5
Features
5/5
Features
1 currencies
Leverage: 1:200
Platform: MetaTrader 4 (MT4), Web Platform
+1
Regulation: VFSC (Vanuatu)
Description
C 7 Traders is a leading brokerage, using an advanced social platform for simpler and smarter trading. Our key operation focuses on providing retail investors access to thousands of financial markets through our award winning trading platform. We also perform in-house proprietary trading in FX and CFDs.
SFX Markets
Platform
5/5
Customer service
3.5/5
Pricing
5/5
Features
3.5/5
Features
1 currencies
Leverage: 1:100
Platform: MetaTrader 4 (MT4), Mobile Platform
Regulation: NFA (US)
+1
Description
SFX Markets is a new-generation investment brokerage company that provides its clients with direct access to interbank Forex liquidity supported by the most modern and innovative technologies in the online Forex trading industry. It has full STP and acts as a trusted broker and participant in the international TrueFx program. SFX Markets’ main product is FIX API which is available for all customers with just 5 000 USD. By using a FIX API account, traders have the opportunity to use their own trading applications to realize the most aggressive and high-frequency trading strategies.
Intelligence Prime Capital
Platform
3.5/5
Customer service
3.1/5
Pricing
3.5/5
Features
3.5/5
Alpari UK
Platform
3.5/5
Customer service
3.3/5
Pricing
2.7/5
Features
3.2/5
Features
7 currencies
Leverage: 1:500
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Regulation: FCA (UK)
Description
Alpari (UK) Limited provides institutional-level online trading services, education and market analysis services to both retail and corporate clients. The company specialises in foreign exchange (“Forex”, “FX”), contracts for difference (“CFDs”) and precious metals.
Fort Financial Services
Platform
3.2/5
Customer service
3.1/5
Pricing
3/5
Features
3.1/5
Features
3 currencies
Leverage: 1:1000
Platform: MetaTrader 4 (MT4), Web Platform
+3
Regulation: No Regulation
Description
Fort Financial Services is a licensed international financial broker which operates under a license IFSC/60/256/TS/15 issued by International Financial Services Commission of Belize. The company is operating since 2010 and is trusted by clients from more than 50 countries worldwide.The unique feature of Fort Financial Services is the widest range of tradable contracts available among top 50 brokers of the world. More than 500 contracts to choose from, including: more than 150 currency pairs to trade on FOREX, Binary Options, CFD contracts on oil, gas, commodities, precious metals including p
The opinions provided are not necessarily those of Myfxbook or its affiliates and should not be viewed as solicitation or recommendation for any signal provider. If you choose to make decisions or place trades based upon the comments, you are doing so at your own risk. Myfxbook and its affiliates are not responsible for any losses incurred due to the use of the content provided.
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.
