Top Forex Brokers of 2025

Otet Markets

(6) 4.3/5
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

Product 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
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FXOptimax

(6) 5/5
Platform
5/5
Customer service
5/5
Pricing
5/5
Features
5/5

Features

1 currencies
Leverage: 1:1000
Platform: MetaTrader 4 (MT4)
Regulation: M.I.S.A. (Mwali) +1
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Valbury

(6) 4.2/5
Platform
4.3/5
Customer service
4.1/5
Pricing
4.3/5
Features
4.3/5
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INVESTIZO

(6) 4.8/5
Platform
5/5
Customer service
4.7/5
Pricing
4.7/5
Features
5/5
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Exclusive Markets

(6) 4.8/5
Platform
4.8/5
Customer service
4.8/5
Pricing
4.8/5
Features
4.8/5
Exclusive Markets - Partner of 2025

Features

4 currencies
Leverage: 1:2000
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Regulation: FSA (Seychelles)

Product Description

Exclusive Markets is one of the leading names in the industry. It offers a user-friendly, secure, and transparent platform that allows investors to access and invest in a wide variety of financial instruments. The company's primary mission is to enable all types of investors to build and diversify their portfolios in a modern and effective manner.
With a strong focus on innovation, trust, and customer-centricity, Exclusive Markets is dedicated to customizing its services to meet its clients' distinct needs. The company also remains adaptable to the constantly evolving financial landscape,
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Platform
3/5
Customer service
2.5/5
Pricing
2.5/5
Features
2.5/5

Features

6 currencies
Leverage: 1:300
Platform: MetaTrader 4 (MT4)
Regulation: FMA (NZ)

Product Description

PFD is in business since 1999 and a regulated broker since 2005. PFD is one of the very few NZ licensed brokers > https://fma.govt.nz/compliance/lists-and-registers/licensed-derivatives-issuers/. The Financial Markets Authority (FMA) regulates capital markets and financial services in New Zealand.
Being a licensed broker, PFD follows stringent laws e.g., segregation of investors' funds, maintenance of adequate capital etc. Traders' dealings with PFD are subject to oversight and monitoring by a regulated body whose aim is to protect the interest of investors.
PFD is connected with abo
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ACY Securities

(6) 2.6/5
Platform
2.8/5
Customer service
3/5
Pricing
2.2/5
Features
2.5/5

Features

6 currencies
Leverage: 1:5000
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5) +2
Regulation: ASIC (Australia) +1

Product Description

ACY Securities is a global leader in the Forex and CFD trading space. We provide lightning-fast and seamless trade execution with direct market access to a deep source of liquidity provided by some of the world's leading banks. Technology and education are at the core of our business in delivering and efficient trading platform and experience to traders. ACY Securities has proudly built one of the best Forex offerings in the market, and we’d like you to try out our fast execution and wide range of trading instruments.
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Lirunex

(6) 4.2/5
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

Product Description

LIRUNEX LIMITED is a multi-national company holding multiple licenses and regulated by different acts of authorities
listed 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
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SGT Markets

(6) 3.2/5
Platform
3.1/5
Customer service
3.2/5
Pricing
3.1/5
Features
3.2/5
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Platform
5/5
Customer service
5/5
Pricing
5/5
Features
5/5

Features

2 currencies
Leverage: 1:200
Platform: MetaTrader 4 (MT4)
Regulation: CySEC (Cyprus)

Product Description

ABOUT FIDELIS
Fidelis is a leading online forex broker committed to offering its clients a fully regulated transparent bespoke service, such as some of the lowest spreads in the industry, lightening execution and direct access to the FX markets. We offer the latest technology and a choice of safe and secure payment methods, all within a pure STP trading environment.
Regulations & Registration:
Fidelis Capital Markets is a trade name of SN Financials Ltd, a Cyprus Investment Firm regulated by the Cyprus Securities and Exchange Commission (CySEC licence number 208/13), the regulatory authorit
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MultiBank Group

(6) 4/5
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

Product 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,
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Platform
3/5
Customer service
2.5/5
Pricing
3/5
Features
3/5

Features

3 currencies
Leverage: 1:500
Platform: MetaTrader 4 (MT4)
Regulation: FCA (UK)

Product Description

ADS Securities London is an FCA regulated, London based brokerage and ECN, providing sophisticated multi-market forex, precious metals, CFD and spread trading for both private and institutional clients.
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Alvexo

(6) 2.9/5
Platform
3.2/5
Customer service
2.8/5
Pricing
2.6/5
Features
3.2/5

Features

2 currencies
Leverage: 1:1400
Platform: MetaTrader 4 (MT4)
Regulation: CySEC (Cyprus)

Product Description

Alvexo is a Cyprus-based forex and CFD broker established in 2014, regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) of Seychelles. The broker offers over 450 trading instruments, including forex pairs, stocks, indices, commodities, and cryptocurrencies, accessible through platforms like MetaTrader 4, a proprietary WebTrader, and mobile applications. Alvexo provides various account types to cater to different trading needs, with a minimum deposit starting from $500 and leverage up to 1:300. The broker emphasizes trader education, offe
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Hankotrade

(5) 4.9/5
Platform
5/5
Customer service
5/5
Pricing
4.8/5
Features
5/5
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IC Trading

(5) 5/5
Platform
5/5
Customer service
5/5
Pricing
5/5
Features
5/5

Features

10 currencies
Leverage: 1:500
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5) +1
Regulation: FSC (Mauritius)

Product Description

IC Trading 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 Trading 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 Trading liquidity providers to our ECN envi
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Opofinance

(5) 4.8/5
Platform
4.8/5
Customer service
5/5
Pricing
4.8/5
Features
4.6/5
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Metadoro

(5) 4.6/5
Platform
5/5
Customer service
4.2/5
Pricing
5/5
Features
4.2/5
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Guzemarkets

(5) 5/5
Platform
5/5
Customer service
5/5
Pricing
5/5
Features
5/5

Features

1 currencies
Leverage: 1:2000
Platform: MetaTrader 5 (MT5)
Regulation: FSC (Mauritius)

Product Description

Guze Markets For traders Don't miss the chance to travel with a world-leading Forex broker!
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RaiseFX

(5) 4/5
Platform
4/5
Customer service
4/5
Pricing
4/5
Features
4.2/5
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XMTrading

(5) 4/5
Platform
4.2/5
Customer service
3.6/5
Pricing
4.2/5
Features
4/5

Features

3 currencies
Leverage: 1:1000
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5) +1
Regulation: FSA (Seychelles) +1

Product Description

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Opofinance

(5) 4.5/5
Platform
4.3/5
Customer service
5/5
Pricing
4.6/5
Features
4.3/5
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Aron Groups

(5) 4.1/5
Platform
4/5
Customer service
4.2/5
Pricing
4.2/5
Features
4.2/5
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Switch Markets

(5) 4.1/5
Platform
4.2/5
Customer service
4.2/5
Pricing
4.2/5
Features
4/5

Features

8 currencies
Leverage: 1:1000
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5) +2
Regulation: FSA (Seychelles) +1

Product Description

Where Traders Come to Succeed!
Switch Markets is a trusted, client-focused trading platform designed for success-oriented traders. Offering thousands of global markets to trade, Switch Markets provides advanced MT4/5 trading platforms, free VPS solutions tailored for algorithmic traders, and spreads starting from 0.0 pips. The platform is transparent, with no hidden costs and 0.0% commission, making it an ideal choice for traders seeking efficiency and value.
Security and trust are at the core of Switch Markets' operations, with segregated client funds and adherence to the highest standa
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MogaFX

(5) 4.5/5
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)

Product 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.
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Capital.com

(5) 4.9/5
Platform
4.8/5
Customer service
5/5
Pricing
4.8/5
Features
5/5

Features

7 currencies
Leverage: 1:30
Platform: MetaTrader 4 (MT4), Web Platform +2
Regulation: FCA (UK) +3

Product Description

Capital.com offers trading on more than 3000 CFD instruments, including indices, commodities, shares, forex and cryptocurrencies. Please note that crypto derivatives are not available to retail clients registered with Capital Com (UK) Ltd.
Spread bets* and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 85.24% of retail investor accounts lose money when trading spread bets* and CFDs with this provider. You should consider whether you understand how spread bets* and CFDs work and whether you can afford to take the high risk of losing your money
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ZERO Markets

(5) 4.2/5
Platform
4.2/5
Customer service
4.2/5
Pricing
4.2/5
Features
4.2/5

Features

2 currencies
Leverage: 1:500
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5) +2
Regulation: FMA (NZ) +1

Product Description

Trade smarter and faster with ZERO Markets, your gateway to the world’s markets. Access forex, indices, shares, and commodities with ultra-low spreads, real-time execution, and trusted reliability. Join thousands of traders already unlocking their edge.
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YLD FX

(5) 5/5
Platform
5/5
Customer service
5/5
Pricing
5/5
Features
5/5
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GMI

(5) 4.7/5
Platform
4.8/5
Customer service
4.8/5
Pricing
4.8/5
Features
4.6/5
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OspreyFX

(5) 3.6/5
Platform
3.6/5
Customer service
3.6/5
Pricing
3.6/5
Features
3.6/5
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AMEGA

(5) 3.3/5
Platform
3.4/5
Customer service
3/5
Pricing
3.4/5
Features
3.4/5

Features

1 currencies
Leverage: 1:1000
Platform: MetaTrader 5 (MT5)
Regulation: FSC (Mauritius)

Product Description

Amega is an online broker that stands out for its zero-commission trading and diverse asset classes, making it an attractive option for traders globally. However, it is important to note that the platform is not available to individuals residing in the USA, North Korea, and Iran. Amega offers competitive trading conditions for both experienced and novice traders, along with comprehensive educational tools through their Ideas Hub, however, they do not offer a demo account.
Traders instead have the option to practice and learn through low-cost trades starting from $1 in the real markets. Add
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IQ Option

(5) 4.2/5
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)

Product 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
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FIXI Markets

(5) 1.8/5
Platform
1.8/5
Customer service
1.8/5
Pricing
1.8/5
Features
1.8/5

Features

4 currencies
Leverage: 1:400
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5) +3
Regulation: FCA (UK)
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LMFX

(5) 4.8/5
Platform
4.7/5
Customer service
5/5
Pricing
4.7/5
Features
4.7/5
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Tifia

(5) 3.9/5
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

Product 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.
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TitanFX

(5) 3.1/5
Platform
3.3/5
Customer service
3.3/5
Pricing
3/5
Features
3/5

Features

5 currencies
Leverage: 1:500
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Regulation: VFSC (Vanuatu)

Product Description

Titan FX is a foreign exchange (forex), metal and commodities broker serving both institutional and retail clients across the globe. Titan FX was born out of the need for a stable No Dealing Desk forex broker that can service a global client base.
Our veteran management and support team is drawn from high quality forex brokers with combined decades of experience providing the best possible trading conditions and client support to both retail and institutional clients.
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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.