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Top Forex Brokers of 2025
Featured
FOREX.com
Platform
2.5/5
Customer service
2.6/5
Pricing
2.3/5
Features
2.1/5
Features
6 currencies
Leverage: 1:200
Platform: MetaTrader 4 (MT4), NINJA Trader
Regulation: NFA (US), CFTC (US)
+4
Description
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.
Plexytrade
Platform
4.8/5
Customer service
4.8/5
Pricing
4.8/5
Features
4.8/5
Features
2 currencies
Leverage: 1:2000
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Regulation: NFA (US), CFTC (US)
+4
Description
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.
InstaForex
Platform
3.2/5
Customer service
2.8/5
Pricing
2.8/5
Features
3/5
Features
3 currencies
Leverage: 1:1000
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Regulation: CySEC (Cyprus)
Description
InstaForex is a global forex and CFD broker established in 2007 by InstaFintech Group. It offers trading services through MetaTrader 4 and MetaTrader 5 platforms, providing access to over 300 financial instruments, including forex pairs, commodities, stocks, indices, and cryptocurrencies. The broker caters to both novice and experienced traders, offering features such as PAMM and ForexCopy systems for copy trading, various bonus programs, and a range of account types with leverage up to 1:1000. InstaForex is licensed by the British Virgin Islands Financial Services Commission (BVI FSC) under l
ForexTime
Platform
3.6/5
Customer service
3.7/5
Pricing
2.9/5
Features
3.5/5
Features
3 currencies
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Regulation: CySEC (Cyprus)
Description
ForexTime (FXTM) is a globally recognized forex and CFD broker established in 2011, regulated by multiple authorities including the Financial Services Commission of Mauritius and the Financial Conduct Authority in the UK. The broker offers a wide range of trading instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies, accessible through platforms like MetaTrader 4, MetaTrader 5, and the FXTM Trader app. FXTM provides various account types, such as Advantage, Advantage Plus, and Advantage Stocks, catering to different trading preferences. With competitive spreads
Lirunex
Platform
4.1/5
Customer service
4.3/5
Pricing
4.3/5
Features
4.3/5
Features
2 currencies
Leverage: 1:2000
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
+2
Regulation: CySEC (Cyprus)
+2
Description
LIRUNEX LIMITED is a multi-national company holding multiple licenses and regulated by different acts of authoritieslisted below:
LIRUNEX LIMITED (HE353862), a company established in the Republic of Cyprus, authorized and regulated by the
Cyprus Securities and Exchange Commission (CySEC) under License number: 338/17.
LIRUNEX LIMITED (LL16130) is registered as a Labuan International Business and Financial Centre and is regulated by
the Labuan Financial Services Authority under License number: MB/20/0050.
Lirunex is a regulated broker offering a world-class trading experience with a
MetaQuotes Software Corp
Platform
4.3/5
Customer service
4.1/5
Pricing
4.3/5
Features
4.1/5
Otet Markets
Platform
4.3/5
Customer service
4.3/5
Pricing
4.3/5
Features
4.3/5
Features
1 currencies
Leverage: 1:3000
Platform: MetaTrader 5 (MT5), cTrader
+2
Regulation: M.I.S.A. (Mwali)
+1
Description
Welcome to Otet Markets, your trusted partner on the journey to unlock your financial potential through forex trading. At Otet Markets, we believe in empowering traders of all levels with the tools, knowledge, and support they need to succeed in the dynamic world of foreign exchange.Beyond Brokerage, We're Your Strategic Ally
We are more than just a forex brokerage; we are your strategic ally on the path to financial growth. Our commitment goes beyond providing a trading platform; it's about guiding you towards financial excellence.
Cutting-Edge Technology for Precision Trading
At
MogaFX
Platform
5/5
Customer service
4.6/5
Pricing
5/5
Features
3.6/5
Features
4 currencies
Leverage: 1:500
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
+1
Regulation: ASIC (Australia)
Description
MogaFX is an international broker that strives to provide exceptional multi-asset trading conditions and unparalleled support. We believe that our clients deserve the best trading experience, which is why we offer 24-hour support and first-class education to meet all their needs. Our goal is to create a genuine trading environment that prioritizes client's fund security and trading experience.
FXTG
Platform
5/5
Customer service
5/5
Pricing
5/5
Features
5/5
Features
3 currencies
Leverage: 1:500
Platform: MetaTrader 4 (MT4)
Regulation: ASIC (Australia)
Description
ForexTG (FXTG) provides currency traders with commission-free, tight pip-spreads as well as online real-time market prices. We have developed strong relationships with the world's leading banks and therefore are able to provide our customers with the most competitive rates around. Our primary focus has been and will continue to be honesty, integrity and professionalism.ForexTG provides their traders with direct access to trade in the foreign exchange market through the world's leading, most advanced, developed and user-friendly online trading platforms: Meta Trader 4.
Our multi-lingual custo
Forex.EE
Platform
3.3/5
Customer service
3.2/5
Pricing
3.5/5
Features
3.2/5
Features
3 currencies
Leverage: 1:500
Platform: MetaTrader 4 (MT4)
Regulation: MKM (Estonia)
Description
Forex.ee- modern and dynamic European ECN broker with spotless reputation: on the market since 2004!We are a unique Company happy to see all our clients no matter which trading technique they use. You may apply either long term trading strategies or mid term strategies or even scalping, and in any case you will get the best conditions.
Absolutely no trading restrictions:
• We execute only through ECN
• Hedging possibility
• Leverage up to 1:500
• Spreads from 0 pips
• Commissions from USD 1.8 (for 1 lot)
• Ultra-fast execution
• Expert advisors are welcome
• News trading is allowed
NPBFX
Platform
4.1/5
Customer service
3.5/5
Pricing
3.6/5
Features
4/5
Features
3 currencies
Platform: MetaTrader 4 (MT4)
Regulation: MKM (Estonia)
Description
NPBFX is a Belize-based forex and CFD broker established in 1996, operating under an STP/NDD model that ensures direct order execution without dealer intervention. The broker offers over 100 instruments including forex pairs, metals, oil, gas, and indices, available through MetaTrader 4 and a proprietary mobile app. Account types include Standard, Master, and VIP, with leverage up to 1:1000 and commission-free trading. NPBFX supports copy trading via MetaTrader, ZuluTrade, and Myfxbook, and provides additional features like cashback programs and trading competitions. It is a member of The Fina
OneRoyal
Platform
3.8/5
Customer service
3.7/5
Pricing
4/5
Features
3.8/5
Features
11 currencies
Leverage: 1:500
Platform: MetaTrader 4 (MT4), Web Platform
+1
Regulation: CySEC (Cyprus)
+2
Description
OneRoyal is an award-winning, multi-licensed, financial broker that offers online trading in FX, crypto, oil, metals, shares, and indices CFDs.OneRoyal offers traders online access to the global markets under optimal trading conditions. Powerful tech, tight spreads and expert customer support. Traders get everything they need to trade FX, crypto, oil, metals, shares, and indices CFDs.
OneRoyal was established in 2006 to empower traders with the tools and technology they need to trade and invest in the global markets. Since then, we have grown into one of the world’s most trusted brokers.
F
MultiBank Group
Platform
4/5
Customer service
4.3/5
Pricing
3.8/5
Features
4.1/5
Features
8 currencies
Leverage: 1:500
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
+1
Regulation: FSA (Seychelles)
+11
Description
MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives, serving over 2 million clients across 100 countries with daily trading volumes exceeding $25.6 billion. Renowned for its innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group offers an array of brokerage services and asset management solutions. It is regulated across five continents by 17+ of the most reputable financial authorities globally. The group’s award-winning trading platforms offer up to 500:1 leverage on a diverse range of products,
IQ Option
Platform
4.3/5
Customer service
4.1/5
Pricing
4.1/5
Features
4.5/5
Features
5 currencies
Leverage: 1:500
Platform: Web Platform, Mobile Platform
Regulation: CySEC (Cyprus)
Description
IQ Option is a prominent online broker enabling users to trade with binary options, Forex, CFDs, and cryptocurrencies. Founded in 2013 and operated by IQ Option Ltd, the platform has become known for its impressive growth, boasting over 25 million registered users around the globe.There are many factors that make IQ Option truly unique, allowing the platform to stand out from the rest. IQ Option combines accessibility, intuitive design, and outstanding customer service to provide the best trading experience possible. This review will delve deeper into exactly why IQ Option is one of the most
Libertex
Platform
4.7/5
Customer service
4.5/5
Pricing
4.5/5
Features
4.5/5
Features
1 currencies
Leverage: 1:999
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Regulation: FSC (Mauritius)
Description
Part of the Libertex Group, Libertex is an online broker offering tradable CFDs with underlying assets being commodities, Forex, ETFs, cryptocurrencies, and others. Libertex also offers commission-free investments in real stocks.
FxGlory
Platform
3.5/5
Customer service
3.2/5
Pricing
2.6/5
Features
2.9/5
Features
3 currencies
Leverage: 1:3000
Platform: MetaTrader 4 (MT4), Web Platform
+1
Regulation: No Regulation
Description
Company profileFxglory is a worldwide online broker founded in 2011 and now is among the largest and most respected companies in the world of the Forex market.
FxGlory brokerage is the only brokerage in the world which presents the leverage of 1:3000 for the small amount of deposit. Though, the company doesn’t charge clients for this service. Our company has succeeded and grown by listening to its clients and meeting their needs. Since our foundation, a team of professionals has been formed who are specialists in the currency and financial markets.
We have found our reputation in online
Nord FX
Platform
4/5
Customer service
3.2/5
Pricing
3.2/5
Features
2.6/5
Features
1 currencies
Leverage: 1:1000
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
+1
Regulation: IFC (St. Lucia)
Description
NordFX is an international brokerage company offering a full range of online trading services in currencies, cryptocurrencies, gold and silver in the Forex market. Investments in global stocks with high income and with capital protection up to 100%, and PAMM-accounts (Percent Allocation Management Module) - one of the most popular and time-tested methods of trust management.NordFX is distinguished by minimal spreads, immediate order execution, and a leverage ratio of 1:1000, which is available for all.
XTB UK
Platform
3.8/5
Customer service
3.5/5
Pricing
3.4/5
Features
3.5/5
Features
3 currencies
Leverage: 1:200
Platform: MetaTrader 4 (MT4), xStation
Regulation: FCA (UK)
Description
XTB UK is European brokerage house who specialises in Foreign Exchange, CFDs and Options. Established in 2009, our aim is to provide our customers with technologically advanced solutions via our platforms, supported by professional local teams in the country of choice to help our clients succeed.
Tifia
Platform
3.7/5
Customer service
4/5
Pricing
4/5
Features
4/5
Features
5 currencies
Leverage: 1:1000
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
+4
Regulation: VFSC (Vanuatu)
+1
Description
Tifia is an ECN/STP broker that provides its clients with fully transparent Forex trading conditions.When working with Tifia, you can be sure there are no conflicts of interest and you get high-quality trading services and access to Tier-1 bank liquidity with best prices and rapid execution. Tifia Forex broker is a unique phenomenon on the foreign exchange market.
Its numerous advantages allow the company to stand out from the crowd of competitors.
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.
