Top Forex Brokers of 2025
IC Markets
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Product Description
IC Markets is best known for having some of the tightest spreads in the world. In fact, our EURUSD spread has been the lowest in the world for almost two years, averaging 0.1 pips 24/5. IC Markets is able to offer market leading pricing and trading conditions through its platforms by providing clients with True ECN connectivity.True ECN Connectivity allows you to trade on institutional grade liquidity from the world’s leading investment banks, hedge funds and dark pool liquidity execution venues. Executable Streaming Prices (ESP) are sent from IC Markets liquidity providers to our ECN envi
FxPro
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Product Description
FxPro is considered the World's #1 Broker, with more than 120 awards for the professional trading conditions we offer.FxPro offers 2100+ instruments in FX, Shares, Spot Indices, Futures, Spot Metals, Spot Energy, Cryptos & ETFs. We provide traders with access to top-tier liquidity, advanced trading platforms and tools, and award-winning order execution with no-dealing-desk intervention.
EXNESS
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Product Description
Exness is a multi-asset broker that is rooted in innovation and technology. If you are looking for a trading service that puts traders first, give Exness a try. Exness is committed to offering better-than-market conditions in the form of firm pricing, stable spreads, rapid execution, instant withdrawals processing, a great range of Standard and Professional account types, in-app market news, knowledgeable customer support and so much more.ActivTrades
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Product Description
ActivTrades specialises in trading Forex, CFDs and Spread Betting. ActivTrades head office is located in the world’s leading financial centre, London. Authorised and regulated by the Financial Conduct Authority (FCA) and registered with its fellow national constituents across the European Union, ActivTrades is also affiliated with the Financial Services Compensation Scheme (FSCS)*.ActivTrades offers a wide range of products, aimed at both private and institutional investors. Through the powerful and globally respected MetaTrader 4 & 5 and TradingView platforms, you are able to trade over fif
InstaForex
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XM Group
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Product Description
Online Trading with a Big, Fair and Human BrokerXM has built a solid reputation since 2009 by following three guiding principles: fairness, reliability and transparency. Internationally recognised by its industry peers and clients as one of the world’s largest and most client-centred broker companies, XM serves over 10 million clients from over 190 countries.
Fair Trading Conditions for Every Client
Founded in 2009 by market experts with extensive knowledge of the global forex and capital markets, XM is a well-established multi-regulated and licensed company (CySEC, ASIC, FSC, DFSA
RoboForex
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Product Description
RoboForex Ltd is a financial brokerage company that has been operating since 2009. The company offers seamless access to different financial markets with attractive trading conditions.Above all, RoboForex clients highly rate the impressive number of trading instruments available, the proprietary copy-trading system CopyFX and the advantageous Partner programme.
Tickmill
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Product Description
The Tickmill Group is an award-winning, multi-regulated broker (FCA, CySEC, FSA, FSCA) with a product offering spanning CFDs on Forex, Stocks, Indices, Commodities, Cryptocurrencies and Bonds.Tickmill’s mission is to provide first-class quality services, products, innovative technologies and the best possible trading environment to its retail and professional clients.
Competitive trading conditions, flexible leverage, ultra-fast order execution and safety of clients’ funds are just some of the advantages when trading with Tickmill.
Trust, transparency and credibility are its trademark ch
Fondex
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Product Description
Fondex is a multi-asset brokerage, offering CFD trading on Forex, Shares, Indices, Precious Metals, Energies, ETFs, and Cryptocurrencies. Awarded as the Best Trade Execution and Best Cryptocurrency broker of 2018 by World Finance and the "Best Copy Trading Platform by Global Brands Magazine, Fondex raises the standards of online CFD trading and offers traders over 1000 assets to choose from, low spreads from 0.0 pips and volume-based discounts.Fondex cTrader is an innovative, user-friendly platform that features a diverse array of technical and performance analysis tools. Apart from manual tr
Pepperstone
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Product Description
Pepperstone started its journey in 2010 in Melbourne, Australia by a team of experienced traders with a shared commitment to improve the world of online trading. Frustrated by delayed executions, expensive prices and poor customer support, we set out to provide traders around the world with superior technology, low-cost spreads and a genuine commitment to helping them master the trade.Today, Pepperstone is also based in the City of London, Dubai, Düsseldorf, Limassol, Santiago and Nairobi and prides itself on the award-winning service it has delivered to over 400k clients worldwide. Our m
AAFX Trading
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Product Description
Operational since 2014, AAFX Trading is an online forex and CFDs broker. The broker specializes in offering its clients online trading services for financial instruments such as currency pairs, commodities, stocks and market indices. The broker is based on the islands of Saint Vincent and the Grenadines with its registered office at The financial services centre, Stoney ground, Kingstown, St. Vincent and the Grenadines. AAFX also maintains offices in Malaysia and Hong Kong. Using the latest and most advanced security system, AAFX Trading aims to provide its clients with a safe and secured onlineGainsy
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Product Description
GAINSY company was founded in 2012 by a team of professional Forex traders, financial analysts and software developers with the intention to make Forex trading to be a reliable and stable way of income for all the participants of financial markets.GAINSY provides its Clients with a unique specially developed GAINSY trading platform, which is an innovative platform: STP, ECN - trading, the fastest order execution (less than 2 ms), no slippages, no re-quotes and no delays, the tightest spreads starting from 0 pips; maintenance of all types of devices (Desktops, Laptops, Nettops, Tablets, Mobi
FXOpen Markets Limited
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Product Description
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
FBS
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Product Description
The FBS CFD trading platform was founded in 2009 by investors who were interested in trading research and technical analysis. FBS provides global markets with transparent and trusted applications for more than 27M CFD traders.Today, FBS is an international brand present in over 150 countries. The brand unites several companies offering their clients opportunities to trade Margin FX and CFDs. FBS is a global brand uniting several independent brokerage companies with FBS (Belize), CySEC, and ASIC Licenses.
FBS is a regulated online trading broker. The company has been in business since 20
Octa
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Product Description
Octa (formerly OctaFX) is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services already utilised by clients from 180 countries with more than 42 million trading accounts.The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.
Octa has won more than 70 awards since its foundation, including the ‘Most Reliable Broker A
FXCM
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Product Description
FXCM is an award-winning broker founded in 1999. It is a Leucadia Company which is the former name of Jefferies Financial Group Inc. FXCM offers Spread Betting*, CFD and Forex Trading accounts to trade on a range of markets including Forex, Shares, Indices, Commodities, Crypto**, Forex Baskets and Stock Baskets across its flagship Trading Station Platform for Desktop, Web and Mobile as well as the MetaTrader 4, NinjaTrader and ZuluTrade platforms.* FXCM UK offers tax exempt spread betting accounts exclusively to UK residents. Residents of other countries are NOT eligible. Spread betting is
Oanda
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Product Description
OANDA uses innovative computer and financial technology to provide Internet-based forex trading and currency information services to everyone, from individuals to large corporations, from portfolio managers to financial institutions. OANDA is a matched principal and a trusted source for currency data. It has access to one of the world's largest historical, high-frequency, filtered currency databases.OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
OANDA CORPORATION IS A M
Olymp Trade
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Product Description
Olymp Trade (OT) is focused on providing access to markets regardless of the size of the investor. OT began in 2014 but now has over 200,000 clients on their platform monthly. OT has no hidden fees or commissions, and no fees on deposits and withdrawals.OT offers a wide range of currency pairs, commodities, and exchange traded funds to their clients. OT is recognized by both its clients and its peers as a superior brokerage service and was the Best Trading Platform of 2018 according Forex Awards.
OT clients trade Forex on a state of the art platform with customizable tools for analysis. OT
Moneta Markets
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Product Description
Moneta Markets offer clients across the globe agile yet powerful access to 1000+ of the most popular tradable instruments, including Currencies, Indices, Commodities, Share CFDs, ETFs, Cryptos, ETFs, and Bonds via MT4, MT5, PRO Trader, and AppTrader Platforms.Vantage
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Product Description
Established in 2009, Vantage is a CFD broker with over 15 years in the industry and is trusted by 5,000,000+ traders. Vantage Markets is an excellent choice for both beginner and seasoned traders, offering features tailored to diverse needs. With a low $50 minimum deposit, no account maintenance fees, and access to over 1,000 tradable instruments, it appeals to those seeking affordability and variety. Advanced tools like MetaTrader 4 and 5, TradingView, and proprietary platforms cater to professional traders, while copy trading and educational resources support beginners. Negative balance protDarwinex
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Product Description
Darwinex is both an FCA (UK) regulated asset manager and an FCA (UK) regulated broker.Traders with existing track records (trading history) can connect their MT4 accounts to Darwinex 100% for free and continue their trading from where they left off. With its proprietary patented algorithms, Darwinex analyses the connected trading strategies and provides traders with a diagnostic on how to make their trading strategy more attractive to investors.
Under its asset manager license, Darwinex grants traders a legal solution to manage investors' capital and charge a 20% performance fee on a HWM
LiteForex
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Product Description
Liteforex (Europe) LTD is registered as a Cyprus Investment Firm, authorised and regulated by Cyprus Securities and Exchange Commission (CySEC) and acts in accordance with the Markets in Financial Instruments Directive (MiFID). Liteforex (Europe) LTD is a member of the Investor Compensation Fund, which guarantees that all of its clients’ funds are secured and insured (up to 20,000 EUR). Liteforex (Europe) LTD is registered in accordance with the requirements of the following countries’ regulatory bodies.MTrading
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Product Description
MTrading allows trading currency pairs, precious metals, stocks, indices, cryptos and fossil fuels. The company is committed to ensuring that you get the best trading experience in every type of financial market. MTrading operates in key cities in Asia-Pacific and the emerging markets of Africa and South America.MTrading gives its clients simple, easy access to every type of financial market through state-of-the-art software, supporting them with valuable information, competitive terms, numerous payment systems, a lively community and responsive service.
FXChoice
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Product Description
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
IronFX
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Product Description
IronFX is the award-winning Global Leader in Online Trading, with 10 trading platforms and over 200 tradable instruments in forex, spot metals, futures, shares, spot indices and commodities. IronFX serves retail and institutional customers from over 180 countries in Europe, Asia, the Middle East, Africa and Latin America while providing support in over 30 different languages.IronFX clients can benefit from round-the-clock coverage delivered by one of the world’s largest and most accomplished global client coverage teams. The IronFX customer-centric model offers top trading functionalitie
Fxview
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Product Description
Fxview is a brand owned by Finvasia Group-a leading Fintech conglomerate which was Established in 2009. Fxview is leading the forex industry by creating lowest spreads and commission levels compared to the rest of the industry. We provide clients an exhaustive trading experience by offering ultra-low commissions, tight spreads, multiple trading platforms along with various trading tools, cutting-edge technology, great client support and a clutter-free trading environment. We are on a mission to revolutionise the Forex industry by creating ethical products that will cater to the needs of new agJFD
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Product Description
JFD is a leading Group of Companies offering financial and investment services and activities. The parent entity, JFD Group Ltd was launched in December 2011 and is now an internationally licensed global provider of multi-asset trading and investment solutions. It provides commission-free trading in real stocks and Crypto CFDs as well as extremely competitive pricing for trading and investing in 1,500+ instruments across 9 asset classes. JFD is acknowledged by numerous independent sources as one of the fastest-growing and respected financial companies worldwide. Thanks to its core values of trGO Markets
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Product Description
GO Markets is a regulated award-winning global broker, dedicated to taking their clients’ trading experience further.GO Markets began in Australia in 2006 as an online provider of CFD trading services. Since then, they have been an industry pioneer, evolving their technology, services and education, in order to provide clients with the best possible trading experience. Widely recognised as Australia‘s first MT4 broker, they have continually expanded their platform suite to include MT5, cTrader, mobile trading, and a web-based solution. They now offer 1000+ tradeable CFD instruments includi
Admiral Markets
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Product Description
WHOAdmiral Markets investment firms, operating under the Admiral Markets trademark, are leading online trading service providers offering investment services for trading with Forex and CFDs on indices, metals, energies, stocks, ETFs, futures, bonds and cryptocurrencies.
Admiral Markets’ dedication to providing access to highly functional software and quality assurance means that their clients receive the best and most transparent trading experience. Admiral Markets uses external auditors to enhance its operational and internal procedures to ensure regulatory compliance.
WHEN
Since the fou
Global Prime
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Product Description
Global Prime is a #1-rated*, award-winning^, Australian-owned, globally trusted forex and CFD broker, licensed and multi-region regulated by ASIC and VFSC. Since 2010, traders in 170+ countries have relied on Global Prime for a streamlined, high-performance trading experience.With execution speeds as fast as 10ms—faster than a blink—Global Prime offers high-liquidity, high-volume markets on MT4 and MT5. Traders can trade 240+ international markets, including FX, crypto, stocks, indices, bonds, and commodities, all on institutional-grade conditions. Beyond trading, Global Prime offers 24/7
Dukascopy
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Product Description
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
Markets4you
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Product Description
Markets4you is an award-winning, multi-asset trading platform offering contracts for differences (CFDs) in a wide range of markets and across various assets, including forex, stocks, commodities, and indices. For 17 years, Markets4you has been trusted by over 2.9 million traders and 52,000 partners worldwide and has paid more than US$170 million to clients and partners.Markets4you offers clients and partners:
● 24/7 excellent customer support in multiple languages,
● a wide variety of account types,
● diverse payment systems,
● copy trading through its proprietary copy trading plat
Trader's Way
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Product Description
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.T4Trade
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Product Description
T4Trade was founded with the mission to provide state-of-the-art trading software and exceptional trading conditions so that professional and beginner traders could explore the various opportunities afforded by global markets. We are committed to delivering innovative technologies coupled with trading tools and services so that our clients can access a range of assets through CFDs with the right support and resources. Fairness, transparency, and integrity remain our central guiding values, as we strive to deliver to our customers the products that empower them to reach their trading goals. WeDeriv
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Product Description
Since its establishment in 1999 and for 25 years now, Deriv has been a global brokerage firm specializing in multi-asset trading. Its mission is to make trading accessible to everyone by providing a platform that is easy to use for traders at any skill level. Deriv offers secure and flexible online platforms that enable people worldwide to engage in trading a variety of derivatives.What sets Deriv apart is its extensive selection of assets — with more than 200 assets available, including a wide range of trade types and markets like forex, commodities, stocks & indices, cryptocurrencies, sy
Fusion Markets
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Product Description
Founded in 2017 and trading from 2019, Fusion's mission is to lower the cost of online trading.The lowest forex trading costs
With spreads from 0.0 and $2.25 commission, we offer a commission rate that is on average 36% cheaper than our competitors.
No Minimum Account Size
As we put our clients first, we believe you should be able to start trading with as little as you like.
No Fees on Deposits
We have waived fees on Visa, MasterCard, PayPal, Skrill, Neteller and more.
Copy Trading via Fusion+
Fusion+ allows you to copy other successful Fusion clients, have others copy your t
Eightcap
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Product Description
Eightcap is a reputable regulated broker specialised in foreign exchange (Forex) and Contracts for Difference (CFD) trading. Clients have access to over 800 financial instruments and can speculate on forex pairs, indices, commodities, shares and cryptocurrencies, available on the intuitive and award-winning MT4 and MT5 platforms. When trading with Eightcap, clients will also have the opportunity to automate their trades code-free using Capitalise.ai.Eightcap provides its clients with a reliable trading environment, paired with competitive spreads and ‘instant’ execution.
Established in
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 broker's 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.