Online Broker Reviews 2024

Our reviews are based on a strict and transparent evaluation methodology and include a detailed analysis of services, fees, account features, and much more.

Online broker reviews and testimonials: find the right partner for trading

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IC MarketsIC Markets is suitable for traders looking for low spreads and ECN accounts and the ability to scalp and use expert advisors.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead IC Markets review

PepperstonePepperstone suits traders seeking a wide choice of platforms, tight spreads, and numerous trading instruments.Register81.7% of retail investors lose money when trading CFDs with this brokerRead Pepperstone review

AvaTradeAvaTrade is suitable for traders who value various instruments, copy trading services, and a user-friendly mobile version of trading platforms.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead AvaTrade review

VantageBroker Vantage is suitable for intermediate and advanced traders looking for diversity in instruments and platforms.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Vantage review

RoboforexRoboforex is suitable for both beginners and professional traders, thanks to its impeccable reputation, reliability, and fair conditions.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Roboforex review

AMarketsAMarkets is suitable for independent traders and investors due to various accounts, narrow spreads, and the possibility of engaging in copy trading.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead AMarkets review

FxProFxPro is suitable for traders looking for a reliable company with good trading conditions and a wide selection of instruments.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead FxPro review

AlpariAlpari is suitable for both beginners and professional traders, thanks to a wide selection of accounts, instruments, and educational programs.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Alpari review

AdmiralsAdmirals is suitable for short-term traders looking for a large selection of instruments and a good educational program.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Admirals review

CMC MarketsBroker CMC Markets is suitable for all traders thanks to its reliability, low commissions, and excellent trading platform.Register69% of retail investors lose money when trading CFDs with this brokerRead CMC Markets review

OandaOanda is suitable for beginners and experienced traders, thanks to quality analytics and various educational materials.Register71-76.6% of retail investors lose money when trading CFDs with this brokerRead Oanda review

DerivDeriv may be suitable for beginners looking for a user-friendly platform, a low entry threshold, and the opportunity to trade binary options or CFDs.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Deriv review

BinanceRegisterTrading CFDs carries high risks. You may lose all invested fundsRead Binance review

Fibo GroupFIBO Group is suitable for various types of traders, including beginners and experienced ones. A wide selection of accounts and trading platforms allows every trader to find the right solution.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Fibo Group review

HF MarketsHF Markets is suitable for traders of any level looking for a reliable broker with good trading conditions and support for MetaTrader 4 and 5.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead HF Markets review

FBSFBS is suitable for beginners thanks to educational materials, as well as for experienced traders who value MetaTrader and reliability.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead FBS review

TickmillTickmill is suitable for beginners due to accessible educational materials and for experienced traders who value low trading commissions and stable platforms.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Tickmill review

IFC MarketsIFC Markets is suitable for traders looking for various trading instruments and platforms but may not be ideal for those who require an ECN account.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead IFC Markets review

FXCMFXCM is suitable for traders of all levels. Beginners will find educational materials and helpful analytics, while experienced traders will appreciate various instruments and flexible platforms.Register67-72% of retail investors lose money when trading CFDs with this brokerRead FXCM review

InstaForexInstaForex is suitable for beginner traders looking for simple conditions and education but may be unsuitable for professionals with large deposits due to wide spreads and low liquidity.Register71.99% of retail investors lose money when trading CFDs with this brokerRead InstaForex review

Pocket OptionPocket Option is suitable for traders of all levels: beginners are offered educational materials and analytics, while experienced users will be interested in a wide selection of assets and platforms.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Pocket Option review

ExnessExness is suitable for traders looking for a reliable broker with a decent selection of trading accounts and platforms.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Exness review

FXOpenBroker FXOpen is suitable for professional traders and scalping enthusiasts but may not be ideal for beginners due to the lack of training.Register58-60% of retail investors lose money when trading CFDs with this brokerRead FXOpen review

XMBroker XM is suitable for both novice traders, thanks to educational materials, and experienced traders who value a variety of instruments.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead XM review

Dukascopy Bank SADukascopy Bank SA is suitable for traders looking for a reliable partner with a wide range of services and secure tools for trading in financial markets.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Dukascopy Bank SA review

ActivTradesActivTrades is suitable for beginners who value simplicity and educational materials and experienced traders who prefer MetaTrader and a wide range of instruments.Register81% of retail investors lose money when trading CFDs with this brokerRead ActivTrades review

LibertexBroker Libertex suits beginners and experienced traders who value educational resources and various instruments.Register74.91% of retail investors lose money when trading CFDs with this brokerRead Libertex review

IQ OptionIQ Option is suitable for beginners, thanks to its simple interface and demo account, as well as for experienced traders looking for a variety of trading instruments.Register72% of retail investors lose money when trading CFDs with this brokerRead IQ Option review

Grand CapitalGrand Capital is suitable for both beginners and experienced traders. A wide selection of instruments, bonuses, and education make it attractive for different levels of tradersRegisterTrading CFDs carries high risks. You may lose all invested fundsRead Grand Capital review

xChiefxChief is suitable for traders looking for a wide range of trading instruments and low spreads. However, the broker is not suitable for those seeking a strong analytical section and educational coursesRegisterTrading CFDs carries high risks. You may lose all invested fundsRead xChief review

BinariumBinarium is suitable for novice traders who want to get acquainted with binary options trading, as well as for experienced investors who value simplicity and ease of use of the platform.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Binarium review

Olymp TradeOlymp Trade is ideal for beginners and experienced traders who value simplicity, education, and flexibility in trading across different markets.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Olymp Trade review

BinomoBinomo is ideal for beginner traders and those who prefer binary options with support and training.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Binomo review

Expert OptionExpert Option is ideal for beginners and experienced traders who prefer binary options and social trading.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Expert Option review

FXTMBroker FXTM is suitable for traders looking for a variety of trading instruments and accounts, but who are willing to tolerate some shortcomings in support and wide spreads.Register75% of retail investors lose money when trading CFDs with this brokerRead FXTM review

Trading.comBroker Trading.com suits traders looking for low commissions and a convenient platform. Beginner traders may lack analytics and educational materials.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Trading.com review

FOREX.comFOREX.com is suitable for traders of all levels due to its reliability, wide range of assets, and excellent customer service.Register68-81% of retail investors lose money when trading CFDs with this brokerRead FOREX.com review

IGBroker IG.com is suitable for traders of all levels, offering reliability, convenience, a wide selection of instruments, and good customer support.Register68-72% of retail investors lose money when trading CFDs with this brokerRead IG review

LiteFinanceLiteFinance is ideally suited for beginner traders, thanks to training and demo accounts. Experienced traders may appreciate the analytics but face platform and asset selection limitations.Register80% of retail investors lose money when trading CFDs with this brokerRead LiteFinance review

ThinkMarketsThinkMarkets suits traders who value attractive trading conditions, a wide range of products, analytical tools, and educational materials.Register67.99-69.82% of retail investors lose money when trading CFDs with this brokerRead ThinkMarkets review

AxiAxi is suitable for beginner traders who value education and simple tools. Experienced traders not trading on MT4 may find the broker less convenient.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Axi review

JustMarketsJustMarkets is suitable for beginners, offering a demo account and educational materials to learn Forex tradingRegister67.86% of retail investors lose money when trading CFDs with this brokerRead JustMarkets review

Ultima MarketsUltima Markets is suitable for experienced traders and those who use automated strategies. It is less suitable for beginners due to a lack of educational materials.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Ultima Markets review

WorldForexWorld Forex is suitable for beginners and experienced traders thanks to narrow spreads and a wide selection of trading accounts.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead WorldForex review

Gerchik & CoGerchik & Co is suitable for beginner traders, thanks to qualified support and good educational coursesRegisterTrading CFDs carries high risks. You may lose all invested fundsRead Gerchik & Co review

NPBFXNPBFX is ideal for traders who value STP accounts, education, MetaTrader 4, participation in contests, and a decent selection of markets and productsRegisterTrading CFDs carries high risks. You may lose all invested fundsRead NPBFX review

BDSwissThanks to various assets and educational resources, BDSwiss is suitable for all traders, from beginners to professionals.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead BDSwiss review

HYCMBroker HYCM is suitable for most traders, but some features may not meet the expectations of specific traders.Register71-74% of retail investors lose money when trading CFDs with this brokerRead HYCM review

eToroeToro may be suitable for beginners looking for a simple platform and interested in copying the trades of successful traders.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead eToro review

FreshForexFreshForex is suitable for beginners thanks to educational materials, a wide selection of instruments, and experienced traders looking for various accounts.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead FreshForex review

TeleTradeThis broker is ideally suited for experienced traders who value narrow spreads and a variety of financial instruments. Beginners may find it difficult due to the lack of extensive educational materials.Register63.37% of retail investors lose money when trading CFDs with this brokerRead TeleTrade review

Dukascopy EuropeDukascopy Europe is suitable for traders looking for multi-currency accounts and diverse platforms. The broker is not ideal for those who prefer a large selection of deposit/withdrawal methods.Register71.03% of retail investors lose money when trading CFDs with this brokerRead Dukascopy Europe review

XTBXTB suits experienced traders looking for a reliable broker with a wide selection of instruments and high-quality analytics.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead XTB review

NordFXNordFX suits traders who prefer MetaTrader 4 and value various analytical tools. It is perfect for those who prioritize individual support and tight spreads.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead NordFX review

Plus500Plus500 is a robust choice for seasoned traders who appreciate a variety of trading CFDs and advanced analytical capabilities.Register80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Read Plus500 review

QuotexQuotex is suitable for novice traders who value simplicity and low overhead costs. It can also be beneficial for those who prefer to trade binary options and are looking for a basic web platform.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Quotex review

OrbexBroker Orbex is suitable for novice traders due to educational materials and for experienced investors seeking a variety of markets.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Orbex review

Forex4youForex4you is suitable for experienced traders who appreciate the variety of platforms and analytical tools and beginners due to extensive training materials.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Forex4you review

BCS MarketsBCS Markets is suitable for active traders, thanks to narrow spreads, and for beginners who value quality educational materials and analytics.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead BCS Markets review

Intrade.BarIntrade.bar is suitable for experienced traders who want to work with binary options and do not require educational materials and/or analytics.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead Intrade.Bar review

XTradeXtrade is suitable for traders who value a simple interface, bonus programs, and access to education and analytics.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead XTrade review

MTradingMTrading is suitable for traders who prefer the MetaTrader 4 platform and a variety of instruments but are ready for potential risks due to lack of regulation.RegisterTrading CFDs carries high risks. You may lose all invested fundsRead MTrading review

CoinExRegisterTrading CFDs carries high risks. You may lose all invested fundsRead CoinEx review

What to Consider When Reading Online Broker Reviews?

When reading reviews of brokers on IamForexTrader.com, it's essential to consider the following:

There are instances where reviews are written to influence the perceptions of a broker, and they may not be entirely truthful. It's crucial to ask yourself: "Does this review seem realistic, and does it reflect the true trading experience with this broker?"
Quality reviews usually contain detailed information highlighting the broker's pros and cons, providing a balanced overview.
Be wary of negative reviews, as competitors might post them. Although we strive to filter out unreliable reviews, some may still slip through.
Representatives of brokerage firms often respond to comments and questions in reviews, which can help assess their customer service and problem-solving approach.

On IamForexTrader, you will find reviews of all Forex brokers on the market in 2024. These reviews will help you choose a suitable broker based on your experience and trading preferences.

Best Brokerage and Trading Platforms 2024

To facilitate your choice and provide a complete picture of different brokers, we offer the following helpful lists of the best online brokers on our site:

Forex Brokers List. Explore our extensive list of Forex brokers, rated on various criteria, to find the most suitable one for you.
Best Forex Brokers. Discover a list of the top brokers selected based on their reliability, trading conditions, customer service, and other essential factors.
Best Binary Options Brokers. If you are interested in binary options trading, this page will present you with a rating of reliable brokers in this area.