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Forex Brokers

Forex broker is an intermediary between a trader and the currency market. Retail foreign exchange trading is not possible without Forex brokerage. Finding the best Forex broker among hundreds of the online companies is not an easy task. That is why EarnForex offers a full set of tools that allow finding, comparing and researching almost all of the available FX firms. Additionally, all the online Forex brokers presented here are rated and reviewed by traders. Some of the brokers' representatives are also answering to the problems that are mentioned in these reviews, providing some exclusive first-hand information to our visitors. You will find 222 brokers listed in the table below.

This is a full list of retail Forex broker companies that offer online currency trading services. Click on the broker's name to get more details about it and read traders' reviews.

Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Regulation Spread US
XM.COM (ex-XEMarkets) $5 3.2 0.0001      1:888   
Platforms
  • MetaTrader 4
Regulation
  • ASIC
  • BaFin
  • CNMV (Spain)
  • CySEC
  • FCA (UK)
  • FSP (New Zealand), FSP235905
Countries CY 
RoboForex $1 7.6 0.001      1:500   
Platforms
  • MetaTrader 4
  • MetaTrader 5
  • Currenex Viking
  • cTrader
Regulation
  • CySEC
  • FSCL (New Zealand)
  • FSP (New Zealand), 246525
Countries EG GB HK ID LV MD MY NZ RO RU TH TW 
EXNESS $1 8.7 0.01      1:2000   
Platforms
  • MetaTrader 4
  • MetaTrader 5
Regulation
  • CRFIN (Russia)
  • CySEC
  • IFSA (St. Vincent and Grenadines), 21927 (IBC 2014)
Countries CY RU VC 
FxGlory $1 3.8 0.01       1:3000   
Platforms
  • MetaTrader 4
Regulation
  • National Bank of Georgia, N2-06/3625-12
Countries BG GE 
Forex4you $1 7.6 0.0001      1:500   
Platforms
  • MetaTrader 4
  • MetaTrader 5
Regulation
  • FSC (BVI), SIBA/L/12/1027
Countries AZ GB IN LV MY RU VG 
InstaForex $1 3.0 0.0001       1:1000   
LiteForex $1 5.5 0.01     1:1000   
MasterForex $1 - 0.01    1:500   
Mayzus $25 7.0 0.01      1:500   
eToro $50 1.5 0.1       1:400   
AGEA $1 5.5 0.00001     1:500   
AvaTrade (ex-Ava FX) $100 1.8 0.01       1:400   
FXOpen $1 4.4 0.001       1:500   
Easy-Forex $25 5.5 0.05    1:200   
AForex $1 8.2 0.01     1:1000   
FreshForex $1.70 9.6 0.01      1:500   
Alpari $1 7.7 0.00000     1:500   
CMS Forex $250 - 0.01   1:200   
Forex.com $250 6.1 0.1   1:200   
FX Solutions $250 - 0.01 1:50   
GFT Forex $2,500 - 0.1   1:50   
IBFX $1 - 0.01   1:50   
Interactive Brokers $10,000 - 0.25 1:100   
LQD Markets $500 4.0 0.01   1:500   
MB Trading $400 - 0.1   1:50   
OANDA $1 6.4 0.00001    1:50   
RTFX $1,000 - 10 1:100   
Saxo Bank $5,000 - 0.05   1:200   
XTB (ex-X-Trade Brokers) $1 - 0.01      1:200   
Finotec $200 - 0.1   1:200   
FXCM $2,000 - 0.01   1:400   
Dukascopy $100 2.8 0.01   1:200   
Real Trade $20 - 0.01    1:500   
Forex Club $200 4.2 0.01     1:200   
Questrade FX $1,000 - 0.1 1:200   
IG Markets $1 4.0 0.1   1:200   
CMC Markets £200 - 1    1:100   
iFOREX $100 3.7 0.02   1:400   
FIBOGroup $50 3.3 0.01    1:200   
FXDD $250 4.0 0.01    1:200   
ActivTrades $100 8.4 0.01   1:400   
GCI $500 7.0 0.1    1:100   
VarengoldBankFX $2,500 - 0.1    1:200   
FxPro $100 5.8 0.1       1:500   
DeltaStock $5 - 0.01    1:200   
Forex-Metal $1 4.0 0.01       1:500   
TradeView Forex $100 - 0.01    1:400   
NobleTrading $1,000 - 0.1 1:100   
Ingot Brokers $100 - 0.1    1:100   
Velocity Trade $1,000 - 0.01    1:200   
FXTSwiss $2,000 - 0.1   1:400   
ATC Brokers $5,000 - 1   1:200   
Windsor Brokers $100 4.6 0.1    1:500   
ForexYard $100 - 0.01    1:200   
HY Markets $50 8.6 0.02      1:325   
Arab Financial Brokers $50 1.0 0.01   1:1000   
Sucden £5,000 - 1 1:100   
FOREX UKRAINE $200 - 0.1      1:100   
Admiral Markets $10 4.6 0.01    1:500   
Bulbrokers $100 - 0.01     1:200   
HMS Markets $5,000 - 0.01 1:50   
FXCH $2,000 - 0.1   1:500   
Advanced Markets $2,500 - 0.1 1:50   
AL Trade $20 4.0 0.01    1:500   
PFD $1 - 0.01      1:500   
Gallant Capital Markets $250 - 0.01    1:400   
UFXMarkets $100 7.0 0.01    1:200   
MRC Markets $1 - 0.1     1:500   
RFXT $1 - 0.1   1:400   
Citypoint Trading $500 - 0.1   1:100   
IamFX $100 - 0.01     1:400   
CitiFX Pro $10,000 - 1 1:50   
Forex Capital Trading $500 - 0.025   1:400   
Global Futures $250 - 0.01     1:400   
Renesource Capital $10 - 0.01 1:100   
DfxTrade $200 - 0.1    1:1000   
Finam $10 3.7 0.01    1:500   
Investors Europe $250 - 0.01    1:400   
Lionstone Investment Services $1,000 1.0 0.00001   1:200   
bforex $100 1.0 0.025      1:200   
Persepolis Capital Management $500 - 0.01     1:200   
FXGM $100 - 0.1     1:400   
AAAFx $300 2.5 0.01    1:200   
Tradenext $500 8.7 0.01   1:300   
ICM Brokers $300 - 0.1    1:400   
UPME Group (ex-fxUP.me) $10 1.0 0.01     1:1000   
Markets.com $100 2.8 0.01    1:200   
HotForex $1 7.7 0.01      1:1000   
Spread Co $160 - 1    1:10   
Pepperstone $200 3.8 0.01    1:400   
AccentForex $1 6.5 0.01     1:500   
Forex-Trend $20 5.0 0.01    1:100   
Profiforex $1 7.0 0.01      1:500   
Ajax Financial $500 7.8 0.1 1:100   
AFX Capital $200 - 0.01    1:500   
FXOptimax $10 5.5 0.01     1:500   
SunbirdFX $100 2.5 0.01     1:100   
Real-Forex $2,000 - 0.01    1:100   
Bloombex Options $200 - 1     1:1   
Univell Broker $50 - 0.01    1:200   
FinFX $100 - 0.01    1:200   
IronFX $500 5.3 0.01      1:500   
Synergy FX $500 - 0.01    1:500   
Trader's Way $1 8.0 0.001     1:1000   
VertiFX $500 - 0.1   1:200   
IC Markets $200 5.9 0.01    1:500   
Grand Capital $1 6.5 0.0001    1:500   
Forex-Market $1 8.1 0.01     1:1000   
Axiory $100 - 0.01   1:300   
FXFlat $500 - 0.01   1:400   
Ikon Group $150 - 0.01    1:500   
Orbex (ex-AFBFX) $100 - 0.01      1:500   
DF Markets $1 - 0.01   1:200   
Abshire-Smith $500 - 0.1    1:200   
Bestec NFX $100 - 0.05    1:100   
uTrader $200 5.5 0.00025    1:1   
OctaFX $5 - 0.01     1:500   
Larson & Holz IT $1 - 0.01    1:500   
3TG Brokers (ex-3TG FX) $300 8.5 0.01      1:500   
ICM Capital $1 - 0.1    1:400   
Infin Markets $1 - 0.001     1:400   
FIBO $300 - 0.01      1:200   
NordFX $1 - 0.01      1:500   
SkyFx $100 - 0.01   1:300   
BlackStoneFx $200 - 0.1     1:500   
SmartTradeFX $100 - 0.01   1:200   
Goldstein Brokers $100 7.0 0.01   1:400   
MyTrade Markets $50 4.9 0.01      1:500   
FXOpen AU $200 - 0.1    1:500   
Armada Markets $100 8.6 0.01     1:500   
MahiFX $1 - 0.00001   1:100   
AxiTrader $200 5.5 0.01    1:400   
Blackwell Global $2,000 - 0.01     1:200   
TradingForex.com $200 - 0.01      1:200   
ThinkForex $250 4.0 0.01   1:500   
NetoTrade $500 - 0.01   1:400   
FxNet $5 8.7 0.01      1:500   
GAINSY $10 4.7 0.01       1:500   
MFC Investment $1,000 - 0.1 1:200   
NatureForex $20 - 0.01    1:500   
Capital One Forex $100 1.0 0.01      1:500   
Boston Prime FX $100,000 - 0.1 1:100   
Vector Securities $20 - 0.01    1:500   
Tallinex $100 - 0.01   1:400   
UMOFX $1 - 0.01     1:500   
Weltrade $20 - 0.01     1:500   
Sensus Capital $1,000 - 0.01     1:200   
ATIG Securities $20 - 0.01 1:100   
COMMEXFX $200 - 0.01     1:400   
Forex Optimum $10 - 0.01     1:500   
Alpha Trading $1,000 - 0.01     1:400   
Euro Pacific Bank $2,500 - 0.01 1:100   
MW $1 - 0.01    1:200   
FX Dana $2 - 0.01 1:400   
Traders Trust $100 - 0.01       1:500   
Price Markets $0.01 - 0.1    1:300   
Infinity Space Inc $10 - 0.1   1:1000   
XGLOBAL Markets $1 - 0.01     1:200   
NSFX $300 - 0.01    1:200   
Core Liquidity Markets $250 - 0.01     1:400   
USGfx $100 - 0.01    1:500   
Swissquote $1,000 - 0.1    1:100   
Hirose Financial UK $3 - 0.01     1:300   
Alfa-Forex $1 7.0 0.01    1:100   
BZ Trading $3,500 - 0.1 1:100   
JustForex $2 - 0.01    1:500   
BelforFx $100 - 0.01     1:400   
TenkoFX $10 - 0.01      1:500   
TMS Brokers $1,000 - 0.01   1:200   
WhichWay $100 - 0.01    1:500   
Invast Financial Services $100 - 0.01   1:400   
Greenvault Fx $1 - 0.01      1:1000   
FIPFX GLOBAL $500 - 0.01   1:500   
MXT Global $100 - 0.01   1:500   
xCFD $100 - 0.01      1:100   
ELEX Electronic Markets $5,000 - 0.01   1:100   
Real ECN $100 - 0.01     1:400   
Capital Trust Markets $100 - 0.00000      1:500   
Hantec Markets $1,000 - 0.01    1:200   
Direct FX $250 - 0.01    1:400   
Darwinex $500 - 0.01 1:200   
SABrokers $25 - 0.01     1:100   
FXtradeweb $1,000 - 0.01    1:500   
VitalMarkets $100 - 0.01      1:400   
FirewoodFX $10 - 0.01 1:1000   
zebrafx $5 - 0.01     1:200   
Liga Forex $1 - 0.0001     1:1000   
Pantheon Finance $20 - 0.01   1:100   
Vinson Financials $200 - 0.01     1:500   
Cornèr Trader $1 - 0.1 1:200   
NewTradeFX $100 - 0.01   1:200   
1BillionForex $100 - 0.01      1:200   
BTFX $500 - 0.05   1:200   
ETX Capital $100 - 0.01    1:200   
Elit4x UK €100 - 0.01     1:500   
FX-EDGE $500 - 0.01    1:100   
Vistabrokers $2.50 - 0.01     1:400   
SpediaFX $750 - 0.01   1:400   
HiWayFX $20 - 0.01     1:500   
Boston Merchant Financial $100 7.0 0.1     1:400   
FBS $1 3.0 0.01      1:2000   
Finexo $100 - 0.01    1:200   
Forex Broker Inc. $5 9.0 0.001    1:500   
Forex Time $0.01 - 0.01     1:1000   
Fort Financial Services (ex-TradeFort) $5 - 0.01     1:1000   
FXcast $10 1.0 0.01      1:400   
GOMarkets $500 2.7 0.001    1:500   
Mega Trader FX $1 - 0.01     1:500   
Mill Trade $100 5.5 0.01   1:200   
PaxForex $10 9.5 0.01     1:500   
Plus500 $100 3.8 0.005     1:50   
TFIFX $50 - 0.01   1:500   
TurboForex $50 - 0.01    1:500   
Vantage FX $100 5.9 0.01   1:500   
XForex $100 2.1 0.05     1:400   
You Trade FX $100 2.3 0.01      1:500   
FastBrokers $2,500 - 0.1    1:200   
FOREX MMCIS $100 2.8 0.01   1:500   
IFC Markets $1 8.0 0.001    1:400   
InvestTechFX $100 - 0.01   1:500   
TeleTrade $2,000 5.5 0.1     1:200   
GKFX $1 - 0.01      1:100   

Considering a broker choice?

Going with an online Forex broker should be considered if:

  • You are totally OK with Internet-based trading.
  • You do not mind accepting electronic terms of service instead of signing lengthy paper contracts.
  • You wish to be able to trade with the offshore FX brokers.
  • Diversity of choices is more important to you than a personal contact with your brokerage.

If you are not interested in the above-listed features, you may consider contacting your local bank or joining a currency futures exchange (e.g. the IntercontinentalEchange). Though their requirements to customers are usually much more strict than those of online Forex brokers.



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