List of Forex Brokers 2024

Last updated Apr 22, 2024
Nikolay Zavarov - Author
Nikolay Zavarov
Author
Andrey Bondarenko - Editor
Andrey Bondarenko
Editor

Our Forex broker list is your trusted guide in currency trading. We meticulously analyze and evaluate the operations of brokerage firms to provide you with objective and professional information. It is advisable to examine the reviews presented carefully, try working with demo accounts at several brokers, and, based on the experience and knowledge gained, make an informed choice of a broker for Forex trading.

Our Forex Brokers List 2024

FilterFound 20 brokers (out of 20)
Логотип IC Markets
1
4.7/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesCryptocurrencyStocksBondsETFPrecious MetalsEnergy CarriersAgricultural Commodities
Trading Platforms
MetaTrader 5MetaTrader 4cTrader
Deposit/withdrawal:
Логотип PayPal
Логотип Neteller
Логотип Skrill
Логотип Bpay
Логотип FasaPay
Логотип Klarna
Логотип Swift
Логотип SEPA
Логотип Visa
Логотип Mastercard
Логотип UnionPay
Логотип POLi
Логотип Rapidpay
compare IC Markets trading accounts
Логотип Pepperstone
2
4.6/5
Register81.7% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyETFStocksPrecious MetalsEnergy CarriersAgricultural Commodities
Trading Platforms
MetaTrader 5MetaTrader 4cTraderTradingView
Deposit/withdrawal:
Логотип Neteller
Логотип PayPal
Логотип Skrill
Логотип Swift
Логотип Visa
Логотип Mastercard
compare Pepperstone trading accounts
Логотип AvaTrade
3
4.5/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Trading Assets
ForexStocksIndicesETFCryptocurrencyBondsPrecious MetalsEnergy CarriersAgricultural Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTraderAvaTradeGO
Deposit/withdrawal:
Логотип Neteller
Логотип Skrill
Логотип Perfect Money
Логотип Google Pay
Логотип Bank Transfer
Логотип Visa
Логотип Mastercard
Логотип Maestro
Логотип JCB
compare AvaTrade trading accounts
Логотип Vantage
4
4.5/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesStocksBondsETFPrecious MetalsEnergy CarriersAgricultural Commodities
Trading Platforms
MetaTrader 5MetaTrader 4Premium Trader
Deposit/withdrawal:
Логотип Bpay
Логотип Neteller
Логотип Skrill
Логотип AstroPay
Логотип FasaPay
Логотип Swift
Логотип Visa
Логотип Mastercard
Логотип JCB
Логотип UnionPay
Логотип POLi
compare Vantage trading accounts
Логотип Roboforex
5
4.4/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesStocksETFPrecious MetalsEnergy CarriersAgricultural CommoditiesFutures
Trading Platforms
MetaTrader 5MetaTrader 4R WebTraderR MobileTraderR StocksTrader
Deposit/withdrawal:
Логотип Skrill
Логотип Neteller
Логотип AdvCash
Логотип Perfect Money
Логотип Касса24
Логотип SEPA
Логотип Visa
Логотип Mastercard
Логотип JCB
compare Roboforex trading accounts
Логотип FxPro
6
4.4/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy CarriersAgricultural Commodities
Trading Platforms
MetaTrader 4FxPro EdgeMetaTrader 5cTrader
Deposit/withdrawal:
Логотип Skrill
Логотип Neteller
Логотип Perfect Money
Логотип Swift
Логотип SEPA
Логотип Visa
Логотип Mastercard
Логотип Maestro
Логотип UnionPay
compare FxPro trading accounts
Логотип CMC Markets
7
4.4/5
Register69% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksBondsETFPrecious MetalsEnergy CarriersAgricultural Commodities
Trading Platforms
MetaTrader 4CMC Markets
Deposit/withdrawal:
Логотип PayPal
Логотип Bank Transfer
Логотип Visa
Логотип Mastercard
Логотип Maestro
Логотип Онлайн банкинги
compare CMC Markets trading accounts
Логотип AMarkets
8
4.4/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksBondsPrecious MetalsEnergy CarriersAgricultural Commodities
Trading Platforms
MetaTrader 5MetaTrader 4
Deposit/withdrawal:
Логотип Perfect Money
Логотип Neteller
Логотип FasaPay
Логотип Bank Transfer
Логотип Система быстрых платежей (СБП)
Логотип Visa
Логотип Mastercard
Логотип Мир
Логотип HUMO
compare AMarkets trading accounts
Логотип Tickmill
9
4.4/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesBondsCryptocurrencyPrecious MetalsEnergy CarriersAgricultural CommoditiesStocksETF
Trading Platforms
MetaTrader 4MetaTrader 5
Deposit/withdrawal:
Логотип Neteller
Логотип Skrill
Логотип WebMoney
Логотип Bank Transfer
Логотип Visa
Логотип Mastercard
compare Tickmill trading accounts
Логотип Deriv
10
4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksETFPrecious MetalsEnergy Carriers
Trading Platforms
MetaTrader 5Deriv XcTrader
Deposit/withdrawal:
Логотип FasaPay
Логотип Perfect Money
Логотип Skrill
Логотип Neteller
Логотип WebMoney
Логотип PaySafeCard
Логотип Jeton
Логотип SticPay
Логотип Airtm
Логотип Boleto
Логотип Paylivre
Логотип OnlineNaira
Логотип Beyonic
Логотип AstroPay
Логотип 1foryou
Логотип AdvCash
Логотип Swift
Логотип Visa
Логотип Mastercard
Логотип Maestro
Логотип Diners Club
Логотип JCB
Логотип PayTrust88
Логотип Help2pay
Логотип DragonPhoenix
Логотип ZingPay
Логотип Ngan Luong
Логотип Trustly
compare Deriv trading accounts
Логотип Admirals
11
4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesPrecious MetalsEnergy CarriersAgricultural CommoditiesCryptocurrencyStocksETF
Trading Platforms
MetaTrader 4MetaTrader 5
Deposit/withdrawal:
Логотип Skrill
Логотип Neteller
Логотип Perfect Money
Логотип Swift
Логотип Visa
Логотип Mastercard
compare Admirals trading accounts
Логотип ActivTrades
12
4.3/5
Register81% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexStocksIndicesCryptocurrencyBondsPrecious MetalsEnergy CarriersAgricultural CommoditiesETF
Trading Platforms
MetaTrader 4MetaTrader 5ActivTraderTradingView
Deposit/withdrawal:
Логотип Neteller
Логотип Skrill
Логотип AstroPay
Логотип Bank Transfer
Логотип Visa
Логотип Mastercard
compare ActivTrades trading accounts
Логотип Oanda
13
4.3/5
Register71-76.6% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy CarriersAgricultural CommoditiesBonds
Trading Platforms
MetaTrader 5MetaTrader 4TradingViewfxTrade
Deposit/withdrawal:
Логотип Skrill
Логотип Neteller
Логотип Swift
Логотип Visa
Логотип Mastercard
compare Oanda trading accounts
Логотип FXCM
14
4.3/5
Register67-72% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksETFBondsPrecious MetalsEnergy CarriersAgricultural Commodities
Trading Platforms
MetaTrader 4Trading StationTradingView
Deposit/withdrawal:
Логотип Skrill
Логотип Neteller
Логотип Swift
Логотип Visa
Логотип Mastercard
Логотип Discover
Логотип UnionPay
compare FXCM trading accounts
Логотип HF Markets
15
4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexStocksIndicesBondsETFCryptocurrencyPrecious MetalsEnergy CarriersAgricultural Commodities
Trading Platforms
MetaTrader 4MetaTrader 5WebTrader
Deposit/withdrawal:
Логотип Skrill
Логотип Perfect Money
Логотип FasaPay
Логотип BitPay
Логотип Bank Transfer
Логотип Visa
Логотип Mastercard
compare HF Markets trading accounts
Логотип IFC Markets
16
4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexStocksETFIndicesCryptocurrencyPrecious MetalsEnergy CarriersAgricultural Commodities
Trading Platforms
NetTradeXMetaTrader 4MetaTrader 5
Deposit/withdrawal:
Логотип AdvCash
Логотип WebMoney
Логотип Perfect Money
Логотип Bank Transfer
Логотип Visa
Логотип Mastercard
compare IFC Markets trading accounts
Логотип FBS
17
4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesStocksCryptocurrencyPrecious MetalsEnergy Carriers
Trading Platforms
MetaTrader 4MetaTrader 5FBS Trader
Deposit/withdrawal:
Логотип Neteller
Логотип Skrill
Логотип Perfect Money
Логотип SticPay
Логотип Visa
Логотип Mastercard
Логотип Maestro
compare FBS trading accounts
Логотип Exness
18
4.3/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksPrecious MetalsEnergy Carriers
Trading Platforms
MetaTrader 4MetaTrader 5
Deposit/withdrawal:
Логотип Skrill
Логотип Neteller
Логотип Perfect Money
Логотип Visa
Логотип Mastercard
compare Exness trading accounts
Логотип XM
19
4.2/5
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Trading Assets
ForexIndicesStocksPrecious MetalsEnergy CarriersAgricultural CommoditiesCryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4
Deposit/withdrawal:
Логотип Neteller
Логотип Skrill
Логотип WebMoney
Логотип Perfect Money
Логотип SticPay
Логотип Visa
Логотип Mastercard
compare XM trading accounts
Логотип InstaForex
20
4.2/5
Register71.99% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Trading Assets
ForexIndicesCryptocurrencyStocksETFPrecious MetalsEnergy CarriersAgricultural Commodities
Trading Platforms
MetaTrader 5MetaTrader 4InstaForex Webtrader
Deposit/withdrawal:
Логотип Skrill
Логотип Neteller
Логотип YooMoney
Логотип PayCo
Логотип AstroPay
Логотип Swift
Логотип Visa
Логотип Mastercard
compare InstaForex trading accounts

How the list of Forex brokers is compiled

To compile an independent Forex broker directory, the website IamForexTrader utilizes a comprehensive system - a methodology for evaluating brokers. Our research considered several factors: the broker's trading platform, customer service, reviews, fees and commissions, spreads, leverage, regulation, account types, and deposit/withdrawal methods.

We start by examining the broker's reliability and reputation. Then, we evaluate the trading platform, customer support service, commissions, spreads, the range of trading instruments, leverage, and the types of accounts the broker offers. Next, we study the rules and methods of depositing/withdrawing funds. We also verify how the broker executes withdrawals.

After considering all these factors, we use our evaluation algorithm to assign an overall score to the broker. The algorithm considers factors such as customer reviews of Forex brokers, reliability and security, the range of services offered, ease of use, and overall reputation. We then combine this rating with the assessments of our users to arrive at the final broker score.

We believe that our full list of Forex brokers provides a fair and accurate representation of all brokers in the market. Primarily, this Forex broker ranking is aimed at helping beginner traders make informed decisions when choosing a broker for their trading needs.

Best Forex Brokers by Country

We have compiled rankings of leading domestic and international brokers, considering local regulatory nuances and company requirements. Our recommendation lists will assist you in selecting the best Forex brokers in the world for trading in your country and achieving success in trading.

Regulated Forex Brokers

When selecting a regulated Forex broker, it's crucial to ensure that they hold a proper license from one of the regulatory bodies and comply with all the requirements imposed on them. Such an approach will allow investors to minimize risks and safeguard their investments.

Lists Forex brokers with a specific regulator:

Best Offshore Forex Brokers

Forex Brokers for Different Traders

Brokers allow retail traders to trade Forex markets and profit from currency fluctuations. However, each trader has their unique demands and needs. Some prefer trading with cryptocurrency, others choose large brokers with extensive capabilities, and some focus on technologically advanced platforms like MT4 and MT5. Therefore, we have compiled lists of Forex brokers to help you select the optimal company that meets your requirements and needs.

Forex Brokers with Various Trading Accounts

Forex broker accounts are the primary tool for trading in the Forex market. Trading accounts allow traders to open and close trades, while brokers provide access to the FX market. But which trading account should you choose? There are many trading accounts, each with features designed for a specific category of Forex traders.

Forex Brokers with Various Trading Platforms

Choosing the right Forex broker involves more than just looking at fees and spreads; it’s also crucial to consider their trading platforms. Different platforms cater to varying trading styles and preferences, whether you need sophisticated analytical tools, algorithmic trading capabilities, or user-friendly interfaces for straightforward trading. To assist you in making an informed decision, we have curated lists of Forex brokers that offer a diverse range of trading platforms:

Forex Broker Offers

As part of their marketing strategies, many Forex brokers offer a variety of promotions and bonuses aimed at attracting new clients and retaining existing ones. Here are two popular types of offers that may be of interest to traders:

  1. Forex Broker Contests - These competitions can be for beginners and professional traders, with the opportunity to win cash prizes, bonus funds, or other incentives. Contests are often held on demo accounts, allowing participation without the risk of losing real money.

  2. Forex Broker Bonuses - Bonuses can range from welcome bonuses for signing up to bonuses for account replenishment or for referring new clients (referral bonuses). It is vital to carefully study the terms of receiving and using bonus funds, as they are often linked to specific trading volume requirements.

When examining offers, it is crucial to consider the size of the bonuses or the prize pools of the contests and carefully read the rules and conditions of their conduct and use. This will help avoid misunderstandings and make participating in these promotions as productive as possible.

How to Choose a Forex Broker

Choosing a Forex broker is crucial for every trader, as it affects the safety of funds and trading success. You must consider general reliability parameters, trading conditions, and personal trading style preferences to make the right choice.

  1. Overall reliability level. Check how the broker handles client funds and whether orders are executed without delays and quote manipulations. Exclude those who raise doubts.

  2. Trading preferences. Determine which trading style suits you best - scalping, medium-term deals, or automated trading. Choose a broker with conditions favorable to your approach.

  3. Reliability check. Investigate the company's age, the presence of licenses, reputation among traders, and legal transparency. Signs of stability include longevity in the market and positive customer reviews.

  4. Trading conditions. The broker must offer suitable types of accounts, trading platforms, instruments, and favorable commissions. Clear and transparent rates with market order execution speak in favor of the broker.

  5. Tools and platforms. Choose a broker with a wide range of trading instruments and a reliable platform. Check for the availability of currency pairs and other assets you need.

  6. Customer support. Ensure that support is available 24/7 and responsive. The quality of customer service can say a lot about the company.

  7. Education and analytics. Educational materials and professional analytics are helpful for both novice and experienced traders.

  8. Deposits and withdrawals. Assess the convenience, speed, and cost of deposit and withdrawal operations.

  9. Investment opportunities. Consider additional earning opportunities such as PAMM accounts and copy trading services.

  10. Demo account. Practicing on a demo account is an invaluable experience without risk to real funds.

  11. Reputation. Don't forget to read Forex broker reviews on independent resources and forums to hear the opinions of real customers.

Each parameter will help you understand the broker and find the best Forex broker.

Conclusion

In conclusion, choosing a Forex broker is not just a step. It is a decision that can significantly impact your trading career. In a world where every detail matters, from spreads and liquidity to customer support quality, it is crucial to be confident in your choice.

Our Forex broker rating was created to provide traders with a reliable and objective tool for comparing market participants. We hope this information will help you make an informed decision and find a broker that meets your requirements and offers optimal conditions for implementing your trading strategy.

Remember, successful trading is not just about a good strategy and quick reactions but also about partnering with a reliable broker, which starts with making the right choice. Good luck in the currency markets, and may your choice be right!

Nikolay Zavarov - AuthorNikolay ZavarovAuthor

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.