Forex Broker Reviews

The Forex, FX or Currency Market is a global decentralized foreign exchange that allows to trade currencies that determines the exchange rate. Means all trading is conducted electronically while transactions performed via networks between the participants and traders around the world 24/5 across the financial sessions at every time zone.

  • The Forex Trading is the largest and the most liquid instrument worldwide with average volume of around $2.4 trillion per day. That is done because the currencies need to be exchanged in order to enable conversion and assist in international businesses.
  • The main participants of Forex are international banks that work through financial institutions, the banks that are turned into the financial firms with involved large quantities of forex exchange known as dealers. All together it creates an interbank market that operates very large amounts daily.
  • The currencies are always traded in pairs, thus there is no absolute but a relative value through the market price of the particular currency.

Currently, the number of Forex Trading Broker increases daily, while more and more retail traders joining the markets and showing rapid growing of the segment. Typically exchanges are traded in an over the counter model where brokers negotiate one with another. Therefore, there are two types of FX Brokers the one operating as an agent by seeking the best price in the market for a retail order or the dealers that are principals in the transaction and quote the price to deal with.

The last but not the least is the Broker’s regulatory status, as in its growing demand it is a fact that only authorized, hence legit, Broker adheres to the best practices and provide a safe regulated access to trade markets. Otherwise, you never know if you fall under fraudulent activity even though the offering may seem absolutely attractive.  

Broker Regulation Detail User Reviews
etoro_review eToro CySEC,FCA, ASIC
Min. Deposit: US$200
Max. Leverage: 1:30
Trading Platforms: eToro Platform
0 Reviews eToro Review
Plus500 Broker review Plus500 FCA, CySEC, ASIC, MAS
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: Plus500 Platform
0 Reviews Plus500 Review
ETX Capital Broker review ETX Capital FCA
Min. Deposit: 100 GBP
Max. Leverage: 30:1
Trading Platforms: TraderPro, MT4
0 Reviews ETX Capital Review
cmc markets_logo CMC Markets FCA, ASIC, FMA, IIROC, MAS
Min. Deposit: 0 GBP
Max. Leverage: 1:30
Trading Platforms: CMC Web, CMC Mobile
0 Reviews CMC Markets Review
Pepperstone review Pepperstone FCA, ASIC
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, cTrader
0 Reviews Pepperstone Review
Amana Capital Review Amana Capital FCA, CySEC, DFSA
Min. Deposit: 50 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
0 Reviews Amana Capital Review
xm.com_review XM.com CySEC,FCA, ASIC
Min. Deposit: US$5
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, XM WebTrader
0 Reviews XM.com Review
XTB broker review XTB FCA
Min. Deposit: 250 US$
Max. Leverage: 200:1
Trading Platforms: MT4, xStation 5
0 Reviews XTB Review
FxPro Review FxPro FCA, CySEC, SCB, FSCA, DFSA
Min. Deposit: 500 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, cTrader, FxPro Markets
4 Reviews FxPro Review
hycm-forex-broker HYCM FCA, CySEC
Min. Deposit: 100 US$
Max. Leverage: 1:200
Trading Platforms: MT4, HYCM Mobile
0 Reviews HYCM Review