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 243 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 Serious Regulation Spread US
XM.COM $5 5.1 0.01 1:888
  • Platforms
    • MetaTrader 4
  • Countries
    AU CY GR HU
  • Regulation
    • ASIC, 443670
    • BaFin, 124161
    • CNMV (Spain), 2010157773
    • CONSOB (Italy), 3046
    • CySEC, 120/10
    • FCA (UK), 538324
    • FSP (New Zealand), FSP235905
FXTM $0.01 8.7 0.01 1:1000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
  • Countries
    CY GB NG
  • Regulation
    • CySEC, 185/12
    • FCA (UK), 600475
    • FSB (South Africa), 46614
    • IFSC (Belize), SC/60/345/TS and IFSC/60/345/APM.
EXNESS $1 7.3 0.01 1:2000
  • Platforms
    • MetaTrader 4
    • MetaTrader 5
  • Countries
    CY VC
  • Regulation
    • CySEC, 178/12
    • FCA (UK), 730729
    • IFSA (St. Vincent and Grenadines), 21927 (IBC 2014)
FxGlory $1 8.6 0.01 1:3000
  • Platforms
    • MetaTrader 4
    • WebTrader
  • Countries
    BG GE
  • Regulation
    • National Bank of Georgia, N2-06/3625-12
Fort Financial Services $5 8.4 0.01 1:1000
  • Platforms
    • MetaTrader 4
    • NinjaTrader
    • CQG
  • Countries
    AE CN ES FR GB ID MY PT RU
  • Regulation
    • IFSC (Belize), IFSC/60/256/TS/14
RoboForex $1 4.8 0.01 1:500
eToro $200 8.5 0.1 1:400
AvaTrade $100 1.6 0.01 1:400
InstaForex $1 5.6 0.0001 1:1000
Forex4you $50 4.8 0.01 1:1000
FXOpen $1 6.8 0.001 1:500
LiteForex $10 5.3 0.01 1:1000
AMarkets $1 7.2 0.01 1:1000
AGEA $1 5.5 0.00001 1:500
SimpleFX $1 - 0.01 1:500
Liteforex (Europe) (ex-Mayzus) $100 5.5 0.01 1:1000
Whaleclub $1 - 0.01 1:100
easyMarkets (ex-Easy-Forex) $100 5.5 0.01 1:400
MFX Broker $1 6.7 0.01 1:500
City Index $250 - 0.01 1:400
CMS Forex $250 - 0.01 1:200
Forex.com $250 6.4 0.1 1:200
Interactive Brokers $10,000 - 0.25 1:100
OANDA $1 6.4 0.00001 1:50
Saxo Bank $5,000 4.6 0.05 1:200
XTB $1 6.4 0.01 1:200
Finotec $200 - 0.1 1:200
FXCM $1 - 0.01 1:400
Dukascopy $100 5.5 0.01 1:200
Real Trade $20 2.5 0.01 1:500
Questrade FX $1,000 - 0.1 1:200
IG $1 5.5 0.1 1:200
CMC Markets £200 - 0.0002 1:500
iFOREX $100 4.2 0.02 1:400
FIBOGroup $1 4.6 0.01 1:1000
FXDD $250 3.3 0.01 1:500
ActivTrades $100 7.4 0.01 1:400
GCI $500 7.0 0.1 1:100
DeltaStock $100 - 0.01 1:200
TradeView Forex $100 - 0.01 1:400
One Financial Markets $250 - 0.01 1:400
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
HYCM $50 7.5 0.02 1:325
FOREX UKRAINE $200 6.1 0.1 1:100
FXCL $1 7.8 0.01 1:500
Admiral Markets $200 7.9 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 6.6 0.01 1:200
RFXT $1,000 - 0.01 1:400
Citypoint Trading $500 - 0.1 1:100
IamFX $100 - 0.01 1:400
ForexCT (ex-Forex Capital Trading) $500 - 0.025 1:400
Global Futures $250 - 0.01 1:400
Renesource Capital $10 - 0.01 1:100
Finam $10 7.2 0.01 1:500
bforex $100 1.0 0.025 1:200
PCM Brokers $500 - 0.01 1:200
FXGM $200 - 0.1 1:400
AAAFx $300 3.3 0.01 1:500
ICM Brokers $300 - 0.1 1:400
Markets.com $100 4.7 0.01 1:200
HotForex $50 7.6 0.01 1:1000
Spread Co $160 - 1 1:10
Pepperstone $200 6.3 0.01 1:400
AccentForex $1 8.4 0.01 1:500
Profiforex $1 5.5 0.01 1:500
AFX Capital $200 - 0.01 1:500
FXOptimax $10 5.5 0.01 1:500
SunbirdFX $100 1.4 0.01 1:100
Real-Forex $2,000 - 0.01 1:100
Bloombex Options $200 - 0.1 1:100
IronFX $500 4.2 0.01 1:500
Synergy FX $500 - 0.01 1:500
Trader's Way $1 7.3 0.01 1:1000
VertiFX $500 - 0.1 1:200
IC Markets $200 5.0 0.01 1:500
Grand Capital $1 6.9 0.0001 1:500
Axiory $500 - 0.01 1:500
FXFlat $500 - 0.01 1:400
MEX Group (ex-Ikon Group) $300 - 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
OctaFX $5 - 0.01 1:500
Larson & Holz IT $10 - 0.01 1:500
ICM Capital $1 - 0.1 1:400
Infin Markets $1 - 0.001 1:400
NordFX $1 - 0.01 1:1000
MahiFX $1 - 0.00001 1:100
AxiTrader $200 4.9 0.01 1:400
Blackwell Global $2,000 - 0.01 1:200
TradingForex.com $200 - 0.01 1:200
ThinkMarkets (ex-ThinkForex) $250 3.3 0.01 1:400
NetoTrade $500 - 0.01 1:400
FxNet $50 7.0 0.01 1:500
GAINSY $10 8.1 0.01 1:500
NatureForex $20 - 0.01 1:500
Vector Securities $20 - 0.01 1:500
Tallinex $100 - 0.01 1:1000
UMOFX $1 1.0 0.01 1:500
Weltrade $25 - 0.01 1:500
GBE brokers (ex-Sensus Capital) $1,000 4.6 0.01 1:500
ATIG (ex-ATIG Securities) $20 - 0.01 1:100
Forex Optimum $10 9.2 0.01 1:500
Euro Pacific Bank $2,500 - 0.01 1:100
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 8.5 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 $1 - 0.0001 1:330
Alfa-Forex $1 3.9 0.01 1:100
JustForex $0.50 7.0 0.01 1:2000
BelforFx $100 - 0.01 1:400
TenkoFX $10 - 0.01 1:500
TMS Brokers $1,000 - 0.01 1:200
Invast Financial Services $100 - 0.01 1:400
FIPFX GLOBAL $500 - 0.01 1:500
Romanov Capital $100 - 0.01 1:100
xCFD $100 4.4 0.01 1:100
IfamDirect $100 - 0.1 1:500
Hantec Markets $1,000 - 0.01 1:200
Direct FX $500 - 0.1 1:200
Darwinex $500 - 0.01 1:200
FirewoodFX $10 - 0.01 1:1000
Vinson Financials $200 8.4 0.1 1:500
Cornèr Trader $1 - 0.1 1:200
1BillionForex $100 - 0.01 1:200
BTFX $500 - 0.05 1:200
ETX Capital $100 - 0.01 1:200
FX-EDGE $500 - 0.01 1:100
Vistabrokers $100 - 0.01 1:1000
HiWayFX $20 7.0 0.01 1:500
FXMoneyWorld $100 - 0.01 1:400
GDMFX $100 - 0.01 1:500
Forexite $1 - 0.0001 1:100
MXTrade $250 5.1 0.01 1:400
Tickmill $25 7.0 0.01 1:500
FXFINPRO Capital $500 7.0 0.1 1:100
SaudiQuote $10,000 - 0.01 1:100
FX Choice $100 - 0.01 1:200
TradingBanks $250 4.9 0.01 1:400
Key To Markets $100 - 0.01 1:500
WesternFX $50 - 0.01 1:500
NewForex $1 8.4 0.01 1:700
Forex.ee $10 - 0.01 1:500
Trust Capital $10,000 - 0.1 1:400
LCG $33.33 - 0.1 1:300
Zar FX $500 1.0 0.01 1:100
VerumFX $100 8.2 0.01 1:200
10Markets $200 7.4 0.01 1:500
PhillipCapital $200 - 0.01 1:200
Valutrades $100 - 0.01 1:400
FXRANEX $1 - 0.01 1:500
NAS Broker $50 - 0.01 1:1000
AAFX Trading $50 - 0.01 1:2000
Tradeo $250 - 0.01 1:200
FXPRIMUS $250 - 0.01 1:500
MTrading $100 - 0.01 1:1000
ADS Prime (ex-ADS Securities) $200 - 0.01 1:500
FXGlobe $250 - 0.01 1:500
Capital Index $100 - 0.02 1:200
TrioMarkets $100 6.4 0.01 1:300
BCapitalsFX $10 - 0.01 1:400
Bolmax Management $100 7.0 0.1 1:100
FinPro Trading $5 - 0.01 1:300
FxGrow $100 8.7 0.01 1:300
Core Spreads $1 - 0.01 1:240
TradeKing $500 - 0.01 1:50
Alvexo $500 - 0.01 1:400
WSSolution $250 9.3 0.01 1:400
ForexMart $1 2.8 0.01 1:1000
Trade12 $250 8.1 0.01 1:400
Kawase $1 - 0.01 1:100
LMFX $50 8.0 0.01 1:1000
OneTrade $500 - 0.01 1:100
MTI Markets $100 - 0.01 1:1000
Trade360 $25 - 0.01 1:200
Vipro Markets $25 7.8 0.01 1:500
StoxMarket $1,000 - 0.01 1:500
Titan FX $200 - 0.01 1:500
ForexChief $1 7.8 0.01 1:400
VARIANSE $500 - 0.01 1:100
CM Trading $250 - 0.01 1:400
FCI Markets $1 - 0.01 1:100
SuperForex $1 - 0.01 1:1000
TradeWiseFX $25 - 0.01 1:500
Hadwins $50 - 0.01 1:100
AAATrade $500 - 0.1 1:500
Xtrade $100 - 0.01 1:400
TraderNovo $100 - 0.01 1:100
Atiora $50 - 0.01 1:100
TempleFX $50 - 0.01 1:400
Trade Fintech $250 - 0.01 1:200
ECN PRIME $100 - 0.01 1:400
JCMFX $100 - 0.01 1:500
FX Giants $500 - 0.01 1:500
Milton Markets $250 - 0.01 1:800
Hydra Markets $100 - 0.01 1:1000
Adamant Finance $1 - 0.01 1:500
JFD Brokers $500 - 0.01 1:400
BDSwiss $200 - 0.01 1:400
Land-FX $300 8.5 0.01 1:500
Formax $1,000 - 0.01 1:200
CIBFX $50 - 0.01 1:200
LQDFX $20 - 0.01 1:500
TegasFX $200 - 0.01 1:200
CFDTimes $500 - 0.01 1:500
FP Markets $100 - 0.01 1:500
Alpari $1 4.8 0.01 1:500
Boston Merchant Financial $50 7.0 0.01 1:400
FBS $1 - 0.01 1:2000
Forex Broker Inc. $100 8.2 0.001 1:500
FreshForex $1.40 9.0 0.01 1:500
GOMarkets $500 4.0 0.001 1:500
Libertex (ex-Forex Club) $150 6.8 0.01 1:500
Orbex $500 - 0.01 1:500
PaxForex $10 8.5 0.01 1:500
Plus500 $100 4.2 0.005 1:50
TeleTrade $2,000 - 0.1 1:200
TFI Markets $50 - 0.01 1:500
TurboForex $50 1.0 0.01 1:500
Vantage FX $100 7.0 0.01 1:500
You Trade FX $100 2.1 0.01 1:500
FastBrokers $2,500 - 0.1 1:200
FxPro $100 7.8 0.01 1:500
IFC Markets $1 7.8 0.001 1:400
GKFX $1 8.4 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.