Best Forex Brokers List for 2024 — the Reliable & Licensed

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Choosing the best Forex broker that will help you become successful in the Forex market is a challenging task.

To choose a reliable Forex broker, you need to spend hours and even days analyzing several companies and reading reviews about their work. But Surprise! We at Traders Union have done the work for you.

Our site is a service that simplifies the process of selecting a broker, thereby saving you time and frustration, and reducing the analysis of the Forex market to just a few minutes of studying our special ratings list.

Choosing a broker that accepts clients from your country is vital to ensure you can legally trade with them and that they comply with your regional regulations. The broker must be appropriately regulated to ensure your funds are protected, fair trading practices, and you have recourse in case of disputes.

6 Best Forex Brokers for 2024 (United States)

Biggest copy trading community in the world (over 3,000 verified investors with copiers)
1
9.4/10
Go to broker
Your capital is at risk. 
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest.
Minimum Deposit:
$50
Regulation:
CySEC, FCA, ASIC
Best for trading with advanced technical analysis tools (TradingView charts support)
2
9.2/10
Go to broker
Your capital is at risk.
Minimum Deposit:
No minimum
Regulation:
FSC (BVI), ASIC, IIROC, FCA
3
9.1/10
Go to broker
Your capital is at risk.
Minimum Deposit:
$10
Regulation:
Huge choice of supported CFDs (over 17,000 markets)
4
8.9/10
Minimum Deposit:
1:200
Regulation:
FCA, BaFin, CySec, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, NFA, BMA
Best markets diversity (over 4500)
5
8.7/10
Minimum Deposit:
$1000
Regulation:
CIMA, FCA, FSA (Japan), NFA, IIROC, ASIC
Best broker for international investors (assets from 33 countries, 150+ markets)
6
8.5/10
Minimum Deposit:
$1
Regulation:
SEC, FINRA, SIPC, FCA, NSE, BSE, SEBI, SEHK, HKFE, IIROC, ASIC

Your location is United States

We’ve selected Top Brokers providing services in your country. If you would like to learn about the best brokers in a different region, please use the “Find my broker” service.

Warning:

There is a high level of risk involved when trading leveraged products such as Forex/CFDs. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overview of the Best Forex Brokers

This table makes it easy to compare broker companies by placing their information side by side all in one place. The table includes the categories that are most important when deciding on a broker to work with.

Main features the best forex brokers in March 2024

eToro OANDA Coinexx IG Markets FOREX.com
Trading
platform
MobileTrading, WebTrader WebTrader, MetaTrader4, Mobile platforms, MetaTrader5 Mobile platforms, MT4, MT5 MetaTrader4, Web platform, ProRealTime, Trading apps FOREX.com, MT4, MT5
Min deposit $50 No $10 $450 $1000
Leverage From 1:2
to 1:30
From 1:1
to 1:200
From 1:0
to 1:500
From 1:1
to 1:200
From 1:1
to 1:400
Trust management No No No No No
Accrual of % on the balance

No

No

No

No

No

Spread From 2 points From 0 points From 0 points From 0.6 points From 0.2 points
Level of margin call
/ stop out
No No 70% / 50% 100% / 50% No
Execution of orders Instant Execution Market Execution Market Execution Market Execution, Instant Execution
No deposit bonus No No No No No

If you are not very finicky, then choose immediately from among our top-most winners.

The top brokers on the Traders Union list have a great rapport with their clients and abide by strict standards to fulfill their trading obligations. Click on the "Profile" button of any broker on our list and find detailed information about it. The information is objective because we check everything against 100 criteria. You can read dozens of reviews by traders of that broker.

Forex Brokers Ranking for 2024 (United States)

The rating of Forex brokers was created also based on the members of the Traders Union characteristics, as the Traders Union has access to them. No one else in the Forex market has such an opportunity to analyze data from hundreds of thousands of traders simultaneously. This is precisely why the Traders Union ratings of Forex brokers is the best and most objective ratings system of Forex brokers today.

Ranking position Logo Trading Firm Minimum Deposit Bonus for deposit Next Step
1
Position
Minimum Deposit: $50
Bonus for deposit: 0%
2
Position
Minimum Deposit: No minimum
Bonus for deposit: 0%
3
Position
Minimum Deposit: $10
Bonus for deposit: 0%
4
Position
Minimum Deposit: 1:200
Bonus for deposit: 0%
5
Position
Minimum Deposit: $1000
Bonus for deposit: 0%
6
Position
Minimum Deposit: $1
Bonus for deposit: 0%
7
Position
Minimum Deposit: $1
Bonus for deposit: 0%
8
Position
Minimum Deposit: $2000
Bonus for deposit: 0%
9
Position
Minimum Deposit: $1
Bonus for deposit: 0%
10
Position
Minimum Deposit: $1
Bonus for deposit: 0%
11
Position
Minimum Deposit: €1
Bonus for deposit: 0%
12
Position
Minimum Deposit: €1,000
Bonus for deposit: 0%
13
Position
Minimum Deposit: $25
Bonus for deposit: 0%
14
Position
Minimum Deposit: $1
Bonus for deposit: 0%
15
Position
Minimum Deposit: EUR 95
Bonus for deposit: 0%
16
Position
Minimum Deposit: $10
Bonus for deposit: 60%
17
Position
Minimum Deposit: $100
Bonus for deposit: 0%
18
Position
Minimum Deposit: $10
Bonus for deposit: 0%
19
Position
Minimum Deposit: $5
Bonus for deposit: 50%
20
Position
Minimum Deposit: €10
Bonus for deposit: 100%

Do you prefer watching videos? Then watch the video summary of this article.

Below you will find all the information.

How to choose a Forex broker?

Pay attention to the following company parameters to choose the best broker for your needs:

  1. The broker's footprint in the Forex market.

    The longer a brokerage company has been in the market, the more reviews there will be from its clients. Moreover, the older (i.e., more established) a company is the more it tends to value its reputation, which means it is more likely to fulfill its obligations.

  2. Licenses.

    Only reliable brokers are licensed and they are strictly regulated by independent governmental monitors to protect traders and their investments. Maintaining a license is expensive, so not all companies can afford it. Analysts at Trader's Union have prepared a list of the top 100 regulated forex brokers in the world. Review it to choose a reliable broker.

  3. Country of registration of the broker; representative offices and physical offices.

    Representative offices and broker offices are important components of selecting a reliable broker. A branching network of representative offices characterizes the company’s rate and commitment to the brokerage profession, although more and more brokers prefer online relationships with their clients.

  4. Forex broker trading conditions.

    Each brokerage company offers its clients a variety of competitive conditions for trading, such as: minimum spreads, a large number of trading instruments, additional services, and bonuses. The combination of benefits offered is an important factor in the selection process.

  5. Customer support and service quality.

    How quickly a broker’s customer support responds to a customer is important when assessing a broker's reliability. Top companies always respond quickly to every client's request and try to resolve the issue in the shortest possible time using the utmost courtesy.

  6. Reviews of traders about the Forex broker.

    Clients who already work with one or more Forex brokers can reveal a lot about the broker’s reliability and professionalism. We study — and verify — the reviews of each company before posting our ratings.

  7. The company’s position in the Traders Union’s Forex ratings.

    This criterion is important when making your selection because the position of the broker in the Traders Union’s Forex broker rating reflects the final audit based on 100+ objective characteristics as compared to its competitors.

How much money do I need to start trading Forex?

The good news for aspiring traders is that you don't need a fortune to break into the Forex world. Many brokers offer remarkably low minimum deposits, sometimes as low as $1. If you opt for a cent account, you can start with a modest $10 and enjoy extra high leverage.

But how much should you invest?

Be aware of low entry barriers. Trading involves risk, and proper risk management is crucial for long-term success. A common rule of thumb is to risk no more than 1-2% of your total account value per trade. So, if your account balance is $100, you should limit your risk on any single trade to around $1-2.

Day traders, whose fast-paced style requires some cushion to accommodate potential fluctuation, should start with at least a few hundred dollars. In contrast, swing traders, who sometimes hold positions for several days or weeks, may need a starting amount in the thousands.

Long-term investors buying and holding securities for the long haul should adjust their starting amount based on their selected stocks or ETFs.

The bottom line for any trading style is to put in only what you can afford to lose. Newer traders should start small, focus on learning proper trading techniques, and gradually increase their account size as they gain experience and confidence. It's also important to remember that high leverage is a tool that should be used with caution because, while it can magnify profits, it can do the same with losses.

What Forex broker should I choose for my needs?

For beginners

Before diving into Forex trading with real capital, hone your skills and test your strategies risk-free with a demo account. Alternatively, consider cent accounts with tiny trade sizes to minimize potential losses while learning. Copy trading, mirroring experienced traders' moves, can also be an excellent introductory step, but remember, it's not guaranteed success.

For day traders and scalpers

Day traders and scalpers should consider ECN/Raw spread accounts due to their tight spreads and direct market access, enabling faster executions and reduced slippage. Low fees and spreads are typically defined as those below one pip for major currency pairs like EUR/USD, and commission fees ranging from $2 to $5 per standard lot traded, ensuring cost-effective trading for high-frequency strategies.

For algorithmic traders

Algorithmic traders need brokers with platforms like MT4/MT5 that allow API integration and Expert Advisors (EAs). Choose brokers offering resources and support for algo trading, including educational materials, dedicated customer support, and backtesting tools. Opt for brokers with competitive commissions and tight spreads, and prioritize regulation, security, and responsive customer service.

For advanced investors

Advanced Forex traders should prioritize brokers that support automated trading strategies, complex order types, and sophisticated charting tools offering ECN/STP execution with direct market access, lower commissions, and access to leverage at favorable margin rates. It would also be essential to select brokers with comprehensive market analysis tools, educational resources, and dedicated support for advanced traders.

What are the typical Forex trading costs?

Forex traders need to be mindful of various expenses that can impact their bottom line. Here's a breakdown of the typical costs to consider:

Spreads: The difference between the buy (bid) and sell (ask) price of a currency pair. Tighter spreads mean lower costs. The typical spreads on a Forex ECN account range from 0.1 to 0.5 pips, while on a standard account they range from 0.5 to 2 pips.

Commissions: Some brokers charge fixed or variable fees per trade on top of the spread.

Per-lot fees: ECN (Electronic Communication Network) and STP (Straight Through Processing) accounts often have per-lot fees instead of spreads. These fees are typically lower than spreads but can add up with larger trade sizes. The typical ECN fee ranges from $2 to $5 per standard Forex lot.

Non-trading fees: These can include rollover fees or interest charged for holding leveraged positions overnight, inactivity fees for accounts with low trading activity to encourage participation, and conversion fees to cover the costs of depositing or withdrawing funds in a currency different from your account base currency.

Comparing these costs across different brokers is crucial to finding the most cost-effective option for your trading style and volume. By choosing a broker with competitive fees, you can maximize your potential profits in the long run.

What are the best Forex trading platforms?

The MT4 and MT5 (MetaTrader) platforms are the best options for beginners due to their user-friendly interfaces, demo accounts, educational resources, and abundant technical indicators and tools. They offer a gentle learning curve for exploring Forex trading fundamentals.

CTrader is widely considered a top choice for traders using automated trading strategies due to its C# programming support, which allows for complex algorithm and trading bot development. It also offers streamlined strategy creation and backtesting while seamlessly connecting with external software and data sources. Algorithmic traders with programming experience also appreciate the flexibility it provides.

For traders seeking advanced charting and access to investments, Interactive Brokers and Charles Schwab Forex offer institution-grade tools catering to experienced traders and investors. They offer robust charting tools, technical indicators, sophisticated research tools, drawing options for in-depth market analysis, and access to a broader range of asset classes. Also, active traders trading significant volume offer tighter spreads and better execution.

Is Forex trading risky?

Forex trading carries inherent risks, including:

Market Volatility: Currency prices can fluctuate rapidly due to economic news, political events, or market sentiment, leading to unexpected losses.

Leverage: While leverage amplifies potential profits, it magnifies losses equally. A slight market movement against your position can wipe out your capital.

Liquidity Risk: In less-traded currency pairs, buying or selling at desired prices can be difficult, leading to slippage (executing at a worse price than intended).

Counterparty Risk: There's a chance that your broker or financial institution may default on their obligations.

Geopolitical Events: Global economic or political instability can drastically disrupt currency markets.

It's crucial to thoroughly understand these risks and implement sound risk management strategies before trading Forex.

How can I check if a Forex broker is regulated?

Before selecting a Forex broker, it's critical to conduct due diligence to determine the level of oversight and how well it's regulated. Here are five steps to take to verify a broker's legitimacy:

Identify the regulatory body: Determine the relevant regulatory body in your country responsible for overseeing financial institutions and brokers. This information is often readily available on government websites or financial authority websites. Common examples include the Financial Conduct Authority (FCA) in the UK, the Securities and Exchange Commission (SEC) in the US, and the Australian Securities and Investments Commission (ASIC) in Australia.

Utilize the broker search tool: Most regulatory bodies maintain a searchable online database listing authorized brokers within their jurisdiction. Locate the search tool on the relevant website and enter the broker's name. If they are not listed, proceed with caution.

Verify license details: Once you find the broker in the database, carefully examine their license details, such as their license number, registration date, and the type of activities they are authorized for (e.g., Forex trading, stock trading).

Check for public warnings: Regulatory bodies often issue public warnings against fraudulent or unauthorized financial institutions. Search the regulator's website and other reliable sources for any warnings about the broker you're considering.

Research online reviews: While online reviews should not be solely relied upon, they can offer additional insights and potential red flags. Look for reviews on reputable financial websites and forums, keeping in mind that negative experiences might be amplified online.

Don't hesitate to contact the regulatory body directly if you have any questions or concerns about a broker not addressed through the provided information.

By following these steps, you can take significant strides towards ensuring your chosen broker operates legally and under the necessary regulatory framework, protecting your financial interests and minimizing potential risks.

How to avoid Forex scams?

Here are four essential tips to avoid Forex scams:

Be wary of unsolicited offers: Legitimate brokers won't pressure you into opening an account. If someone contacts you out of the blue promising quick and easy profits, it's likely a scam.

Verify regulation: Every legitimate Forex broker will be licensed and regulated by a reputable financial authority in your country. Check the broker's website for their license information and verify it with the official registry of the regulatory body.

Research the broker extensively: Look for independent reviews and testimonials from other traders. Check the broker's history, financial stability, and any news articles mentioning them. Be wary of brokers with limited online presence or negative reviews.

Beware of unrealistic promises: Guaranteeing high returns or risk-free trading is a major red flag. Forex trading carries inherent risks, and any broker claiming to eliminate them is likely trying to deceive you.

By following these tips and approaching Forex trading cautiously, you can significantly reduce your risk of falling victim to a scam. Remember, if something seems too good to be true, it probably is.

Opinion of TU Expert

Bruce Powers

Contributor

Take an open approach to finding and opening a Forex brokerage account because you may not get it right the first time. Be flexible, and if you start with one broker and they are not meeting your expectations, move on to another broker. Larger brokers should offer more confidence in their operations than smaller brokers and further due diligence suggestions are referenced in this article. As with most services, recommendations and referrals will likely provide truly useful information.

There are estimated to be over 7,000 Forex brokers globally, but there are few operating in the USA. Customer comments, feedback, and reviews found online are a good place to start. Personal recommendations, if you are connected to other traders, can provide real insight not necessarily found online. In addition, look to connect with local trading groups (Meetup groups, for example) or online trading groups where other traders share information.

Methodology for compiling our ratings of Forex brokers

We evaluate and assess each broker using over 100 objective criteria, resulting in an average score for each Forex broker, which characterizes all aspects of its work. We also take into account its trading volume, which we have access to thanks to hundreds of thousands of traders of our Union. We also take into account reviews on brokers by their traders, which we curate on our website. As a result, according to our unique algorithmic matrix, which is applied to all companies, our program impartially calculates the overall average for each company and its position in the rating. This makes our rating system the most objective and independent in the Forex market.

Table of categories of criteria for evaluating Forex brokers

Criteria category name Criteria number in category
Financial 38
Reliability 27
Security 18
Trading conditions 15
Customer support 9

Find out more about the unique broker assessment methodology developed by Traders Union specialists.

Latest customer reviews of Forex brokers

elvi
about Akcenta
27.03.2024

My experience of working with Akcenta and using its services is overall positive. Fees for transferring funds within the EU are minimal. Exchange rate is often better than with other Hungarian companies, but not always. If you buy a small amount of currency, the price isn’t that profitable and there are additional fees. I use the Akcenta online banking system to buy currencies for both personal needs and business. The purchased currency appears on the balance almost instantly, so you can use it immediately after making the transaction.

kirahlonah
about Octa
27.03.2024

Been using OctaFX for a few months now, trying to get into forex trading. Signed up cause they advertised for beginners a lot. They do have a demo account which is cool, but switching to live trading felt kinda rough. There are tons of options on the platform and not much explanation for what they all do. I mostly use the copy trading cause I'm still learning the ropes, but finding a good trader to copy can be tricky. This platform is inferior to market leaders i d say, although it has its advantages, in particular simplicity. The most popular traders charge significant commissions - up to 33%, while their profitability is quite low. Overall, it's not a bad platform, but I wish there were more and cheaper options for beginners. One of the copy trading app leader on the screen.

dostmuhammadsani
about Eightcap
27.03.2024

I've been using Eightcap for a few weeks now, and I've been impressed with their customer service. The other day, I had a question about depositing funds to my account. I didn't want to wait on hold on the phone, so I decided to try their chatbot support. To my surprise, the chatbot was really helpful. It was able to answer my question quickly and easily, without any hassle. Based on my experience, Eightcap's chatbot seems like a great resource for getting quick answers to basic questions. It's definitely a plus for new traders who might be unfamiliar with the platform or forex trading in general. Of course, if you have a more complex issue, you might still need to contact a live person. But for those simple questions, the chatbot is a great way to go.

kirahlonah
about XM Group
27.03.2024

XM offers leverage ranging from 1:1 to 1000:1, which isantop feature for traders looking to open a large position with a low trading capital. but after my experience trading with leverage on XM, i think new traders should avoid trading with leverage when they newly start trading on their live account. Leverages should be a feature for experts if i am to suggest. After trying leverages on demo accounts I decided to use it on my live accounts. Eager to dip my toes into the dynamic realm of financial markets, I deposited $100 into my trading account with XM, a renowned brokerage platform. Excitedly, I decided to trade the EUR/USD currency pair, one of the most widely traded pairs in the forex market. With a leverage of 1:100, I saw an opportunity to magnify the potential profits and opened a position. The EUR/USD pair seemed promising, with positive economic indicators favoring the Euro. I was optimistic as the trade commenced, envisioning significant gains. However, the market is as unpredictable as the wind, and soon, the trade turned against my proposed strategy. The leverage, while offering the potential for amplified gains, also exposed me to higher risks. As the EUR/USD pair plummeted, so did my account balance. In the blink of an eye, my $100 deposit dwindled away as a result of the fluctuations of the forex market. I realized the importance of risk management and the need for a thorough understanding of leverage. So my approach to trading is to implement strategies that would protect my capital in the future and to use a minimum of 1:10 leverage if I must use it anytime soon.

shsameer583
about AvaTrade
27.03.2024

I mostly use AvaTrade for long-term stock investing, not day trading. Their fees seem reasonable for that, and they have a good selection of stocks to choose from. Can't speak for the other features like CFDs or options, but for basic stock investing, AvaTrade seems like a decent option. AvaTrade's mobile app is handy for checking on trades on the go, but it could be smoother. Sometimes it takes a while to load charts and info, which can be frustrating. Also, placing trades on the app feels a bit clunky compared to the desktop platform. Would be nice if they updated the app to be more user-friendly.

yuan33
about IronFX
26.03.2024

I’ve been trading with Iron FX for a while now and have had no problems so far. Among the advantages are good performance and a good personal manager. I’m trading here with a small deposit, but I think that there won’t be any problems and I’ll deposit a decent amount to earn more.

zsbot
about Octa
26.03.2024

I trade with OctaFX permanently and everything is fine. Trades are opened at a current price. Everything is great, I withdraw my profits periodically. But to do this, you have to work a lot. So, you can make money with OctaFX, the main thing is to put in the effort!

randyan
about Aron Groups
26.03.2024

I've been working with Aron Groups, and so far, I can't say anything negative. I mainly trade in Forex, which is going well, but lately, I've been interested in stocks of international companies. I sought advice from support, was allocated a manager who listened to my questions and provided good advice on forming a portfolio for long-term investments. I'm not entirely certain about anything yet because I'm unsure if I have the patience to invest long-term. Overall, this broker maintains a very calm atmosphere. There are no technical issues, and withdrawals are within the agreed-upon timeframes. It would be nice, though, if they didn't charge fees for deposits and withdrawals.

cisyarereJX
about ForteFinance
26.03.2024

I have been using ForteFinance services for about six months. Before that, I was an active ForteBank client for over three years and as soon as its brokerage division appeared, I immediately tested it. I like the fees and the quality of its service. The choice of securities is good and their analysis is available directly in the mobile apps. I also fund my account via the Forte app and the money is credited within several hours. I haven’t used management services yet, since I need to increase my portfolio. I trade stocks on KASE and AMEX (American Stock Exchange), but I think of starting trading on EU markets.

tariqmehmood
about WOORI BANK
26.03.2024

I’ve been using WOORI BANK's banking services for over five years, so when I became interested in investing, I didn’t even consider other companies. Ready-made portfolios are the easiest to work with, so I started with investing in a portfolio that included stocks and bonds. The broker charges the maintenance fee once a year. Free rebalancing is available once a month, although there are portfolios that are adjusted more often — every three or six months. Overall, if something is unclear, I can always ask a manager by phone.

abdulmalik490
about AMarkets
26.03.2024

I've been using AMarkets for a few months now, and one of the features I like most is their Autochartist tool. It scans the markets for potential trading opportunities based on technical chart patterns. This is a huge help for someone new to forex trading like me, because it saves a ton of time staring at charts and trying to identify patterns myself. The Autochartist lays it all out for you, showing things like the instrument, chart pattern, and even the predicted future price movement. That being said, the dashboard itself could use some improvement. In the dashboard, it shows a lot of information, but it seems a little cluttered. Ideally, I'd like to be able to customize the dashboard more. For example, being able to hide some of the instruments I don't trade or choose which timeframe (like 15 minutes or daily) I want to see by default. A more customizable dashboard would make it easier to focus on the info that matters most to my trading strategy. Overall, AMarkets' Autoch

alexonkwani
about XM Group
25.03.2024

Beginner traders on XM group can benefit from the rich educational tools provided on the research and education section on the platform. When you click on the research button, resources available here are grouped into three different groups. Beginners alcan start learning about Forex trading with the options available under the learning center. Resources here will help a novice learn about the XM platform Forex and CFD trading. The videos available will introduce a beginner trader to the financial markets and instruments like shares, CFDs, Forex, Crypto, pips, lots, and position size. This videos are meant to breed novice traders from level 1 trader to an expert trader.

arclipzofficial
about InstaForex
25.03.2024

You can immediately access the InstaForex web terminal to start trading. You can login as a client or guest. The guest account is mostly a paper account and it is one of my favorites especially when I want to test a trading strategy. The web terminal is sectioned in a very concise manner. You select between the classic to view the instrument listing and their current prices and can immediately navigate to the charts of the pairs you select by clicking on the chart symbol at the right-hand end of the listed assets. The terminal is arranged so users can identify and know where to be depending on what they want to do atthe moment. So if the MetaTrader platforms might look hectic for you as a new trader, the InstaForexForex terminal can provide with a friendly and colourful interface to trade.

kendypeter80
about Pepperstone
25.03.2024

When trading on Pepperstone, one of the useful tools that make trading much easier is the Autochartist. Analyzing trades to good trade opportunities in real time is when most of the daunting tasks in trading lie. Since the broker incorporates the Autochartist tool, I use the tool to identify chart patterns using technical indicators such as Fibonacci retracements. It is built to recognize trading opportunities based on support and resistance levels, and it keeps an eye on the markets around-the-clock to notify you when there are opportunities to trade. Pepperstone Autochartist is simple to use. First, download the Autochartist mobile app. Next, choose Trading Tools from the secure client area. Next, choose Login to the Mobile App. Finally, use your smartphone to scan the QR code to begin using Pepperstone Autochartist. I use the autochartist in MT4 and MT5 to directly plot trend lines and obtain price forecasts. Simply analyzing the price graph will allow traders to select trades.

taufan_tito
about XTB
23.03.2024

XTB is a normal broker. Of course, there is some work to be done, but the platform copes with my claims. There were also requotes and slippages, but everything was within the acceptable limits. For now I’m staying with XTB and I hope that founders of this company will develop it.

  • How to choose a Forex broker in the rating?

    The highest position in the rating table characterizes the broker with the highest reliability and popularity among traders. This is the main goal of the assessments.

  • Where can I read reviews about Forex brokers from the rating?

    The latest reviews about the work of traders can be found on the Profile page.

  • Does leverage increase profits in Forex trading?

    Leverage allows you to open larger positions with a small capital so can amplify gains. But it also amplifies losses if the trade goes against you. Use leverage wisely based on your risk appetite.

  • Which Forex brokers offer Islamic accounts?

    Some brokers like XM and IC Markets offer Islamic accounts that don't charge swap fees.