Top 100 forex brokers list

Forex4trade is a comprehensive resource for online trading, offering a list of 100 regulated Forex brokers in 2024. The platform provides a comprehensive guide to help traders choose the best Forex broker for their needs, including a full list of top 100 brokers based on various key indicators such as reliability and regulation, spreads, minimum deposit, supported currency pairs, and ten additional factors.

The top-rated Forex broker in 2024 is RoboForex, which offers a $10 minimum deposit for beginners and copy trading. Exness is the best raw spread account with an average spread for major FX pairs of 0.1-0.2 pips. TeleTrade is the best for learning trading basics, with numerous educational and analytical materials available. IC Markets is the largest Forex broker by trading volume, with an average volume over 29 billion per day. FxPro is the largest choice of currency pairs with 70+ FX CFDs, and Packet Option is the best for social trading.

The platform also offers a welcome bonus of $30 for opening an account and withdrawing profit earned from trading. However, it is important to note that your capital is at risk, and the platform does not provide investment advice.

Forex4trade offers five account types for active trading, social trading, and EAs for passive income, with up to $1,850 per referral. The platform also offers up to $1,850 per referral for referrals.

The list of 100 regulated Forex brokers in 2024 includes RoboForex, Exness, TeleTrade, IC Markets, FxPro, Packet Option, Vantage Markets, Eightcap, ASIC, SCB, CySEC, FCA, and AMarkets. Each broker has its own unique features and risks, making it essential to carefully consider your needs when choosing a forex broker.

The top 9 Forex brokers reviewed include FinaCom, MISA, FSC, FSA, XM Group, Deriv, MFSA, LFSA, VFSC, BVI FSC, tickmill, FxGlory, XBTFX, FSA Seychelles, 4XC, FBS, InstaForex, and BVI FSC.

RoboForex is a well-established brokerage company offering a broad spectrum of trading opportunities for active traders and investors. With over 12,000 financial instruments, RoboForex provides a versatile trading environment with competitive trading conditions, tight spreads starting from 0 pips, high leverage up to 1:2000, and fast execution speeds. The broker also offers the CopyFx investment program, which allows traders to copy successful investor strategies and earn passive income.

Pros/Cons of RoboForex include favorable trading conditions, a minimum deposit of $10, unique investment program CopyFx, highest affiliate payments, market launch, instant fund withdrawals, and a small number of currency pairs. However, there is a lack of tools when trading on the R StocksTrader platform.

Exness is one of the world’s largest brokers known for its competitive trading conditions, high security, and wide selection of assets. The company serves over 700,000 active clients and processes a monthly volume exceeding $4 trillion. Exness specializes in currency pairs and offers CFDs on stocks, commodities, indices, and cryptocurrencies. The broker caters to all experience levels with various account types, from cent accounts and social trading for beginners to high leverage and Expert Advisor support for seasoned professionals.

Pros/Cons of Exness include the availability of 8 licenses and a membership in the Financial Commission with its own compensation fund to insure traders against losses; a wide choice of account types; a wide range of CFDs, including over 100 currency pairs; zero deposit and withdrawal fees; proprietary platforms for active and social trading, as well as all versions of classic MT4 and MT5.

The broker’s website offers almost no educational materials and 24/7 support is not available in all languages.

In conclusion, the top 9 Forex brokers reviewed offer a variety of trading opportunities, but their capital is at risk due to their high fees, low trading conditions, and lack of tools for trading on the R StocksTrader platform.

TeleTrade is a global broker offering trading on various asset classes, including Forex, indices, stocks, metals, cryptocurrencies, and energies. It lacks PAMM accounts and certain investment options but offers a robust copy trading service, a strong affiliate program, and diverse account types (ECN, NDD, crypto). TeleTrade caters to various trading styles, including scalping, intraday trading, and medium to long-term strategies.

Pros/Cons of TeleTrade include a detailed analytical section, informative educational section, no PAMM accounts or other money management options, a small range of trading instruments, few withdrawal options, and support available 24/7. Technical support responds slowly and sometimes takes a long time to verify data.

IC Markets is a highly reputable broker offering trading with 2,250+ instruments across Forex, stocks, commodities, cryptocurrencies, and more. The broker provides ultra-fast execution with order speeds up to 40 milliseconds and processes over $29 billion in Forex trades daily. It offers ECN accounts with raw spreads from 0 pips and leverage up to 1:500. Copy trading is well-supported through integration with ZuluTrade, cTrader Copy, and other platforms.

Pros/Cons of IC Markets include the availability of three licenses, a wide range of assets, standard and ECN account types for trading on different platforms, mobile apps for Android and iOS-based devices, scaling, hedging, algorithmic trading, minimum delay when executing orders and ultra-fast market execution, competitive trading fees, wide choice of social trading and copy trading platforms, 24/7 support via live chat, demo accounts on MT4, MT5, and cTrader, swap-free accounts for Muslim traders, not very informative or diverse education materials available on the website, rebates available outside Australia and the European Economic Area, and not all clients are equally protected since compensation for investment is subject to the trader’s country of residence.

FxPro is a well-established broker offering traders access to over 2,100 financial instruments across multiple asset classes, with a company capital exceeding 100 million euro and a track record of reliability. It stands out with its Negative Balance Protection service, insurance of client funds at the expense of the broker participation in an investor compensation fund, access to tested advisors, a full package of services, VIP account holders, company capital exceeding 100 million euros, swap-free accounts for customers whose religious beliefs do not permit swapping, and a reliable trading environment provided by the competent educational and research department.

Pocket Option caters to both Forex and binary options traders, offering a wide range of trading instruments, a copy trading service, and passive income opportunities.

Pocket Option is a platform that offers a variety of trading instruments, including binary options, CFDs, and ECN options. It has a demo mode for all account types, a referral program for retail clients, and a “My Safe” service that provides up to 10% annual interest on unused account balances. However, it does not offer cent accounts or ECN accounts with near zero spreads for professional traders.

Vantage Markets is a multi-asset broker with licenses from reputable regulators like the FCA and ASIC, offering a wide range of trading instruments. The broker also offers a choice between spread-based and commission-based account types, with leverage up to 1:500 on Forex pairs. Its PRO ECN option stands out with commission starting from $1.5 per lot, making it attractive for high-volume traders.

Eightcap is a leading Forex and CFD broker with over 800 trading instruments, including currency pairs, cryptocurrencies, indices, stocks, and commodities. With tight spreads starting from 0 pips, leverage up to 1:500, and no withdrawal fees, Eightcap provides a competitive trading environment. The platform is regulated by top-tier authorities such as ASIC and FCA, ensuring a secure trading experience.

However, Eightcap does not offer passive income opportunities or joint accounts. It is registered in the Bahamas and Seychelles, and is regulated by the Securities Commission of the Bahamas (SCB), ASIC (391441), FCA (921296), and CySEC (246/14). It partners with many proprietary firms.

Traders need to deposit only $100 to open a live account, and the broker imposes few trading limits on its clients. The platform offers hundreds of the most popular CFDs and a constantly expanding pool of options. Eightcap provides one of the most profitable trading costs with tight spreads, almost all options for depositing/withdrawing funds are available, and the broker does not charge a withdrawal fee.

Eightcap’s clients can work through any of the three top trading platforms, including mobile versions of MetaTrader solutions. The company provides high-quality training, extensive analytics, and its own developments for automated trading. However, there are no joint accounts, copy trading, referral programs, or other options for passive income. Some services are not available in Australia, and the broker’s technical support is efficient and competent but not available on weekends.

Forex4you is a broker that offers various account types, including cent accounts and ECN accounts with tight spreads from 0.1 pips. It provides leverage of up to 1:1000, order execution speed from 0.1 sec, and access to over 150 trading instruments, including Forex pairs, indices, commodities, and stocks. The broker’s proprietary copy trading platform, Share4you, allows traders to earn additional income by sharing their strategies or copying successful traders. Additional features like cashback, bonuses, and partnership programs further enhance the trading experience.

Forex4you does not accept clients from the U.S., Canada, Japan, and EU countries, but it presents a compelling option for eligible traders seeking a well-rounded trading experience. Pros/cons include best trading conditions for novice traders, no trading restrictions on scalping and algorithmic trading, the possibility of passive income through Share4you, insurance for $10 million on a contingency basis, cent accounts with a minimum transaction amount of 2 cents, customer support responding within 8 hours, relatively high fixed fees on Pro accounts, and traders from these countries cannot use its services.

TradingView is a well-known trading platform that supports advanced charting tools, and Forex4trade has compiled a list of the top 3 brokers with TradingView support. These brokers can help expand your arsenal for analysis and decision-making in trading.

When choosing the top Forex brokers, consider trust level and regulation, trading conditions and fees, trading platforms, extra tools, and education. For beginners, look for brokers with low minimum deposits, special accounts for beginners, such as Cent, Micro, or Demo accounts, and passive income options such as copy trading, PAMM/MAM accounts.

In summary, Forex4you is a popular choice for traders seeking a well-rounded trading experience, but it does not accept clients from the U.S., Canada, Japan, or EU countries. To find the best Forex broker for beginners, consider factors such as trust level, regulatory compliance, trading platforms, extra tools, and educational resources.

To choose the best Forex broker, focus on regulation and security, compare costs and spreads, choose a trading platform like MetaTrader 4 (MT4), consider account features, and check customer support. Forex trading is legal in most countries but is lightly regulated compared to other financial markets like stocks or commodities. There are many regulated brokers that allow individuals to trade currencies online or through trading platforms, making Forex trading accessible for regular investors.

Forex trading involves risk, with high leverage offered by brokers meaning potential for large losses if trades go wrong. Beginners should take time to learn trading strategies before risking real money. Forex is considered a legitimate market to speculate on currency movements but requires knowledge, discipline, and accepting the risk of losses. With proper preparation, Forex can be an intriguing market to trade in.

Earnings in Forex are not fixed and depend on many factors. However, it is possible to make good money in the Forex market. For example, Chinese trader Chen Linkuy started with a deposit of $100 and, in just a few weeks, had profited $100,000. However, this is not an isolated case, as many similar stories have been made public, and publicity often leads to tax audits.

Finding the single best Forex broker in the world can be challenging due to the fickle nature of the Forex market. Roboforex is considered one of the best because it is beginner-friendly, has low minimum deposit amounts, and has great leverage potential. The most trusted Forex brokers are typically regulated by Tier-1 regulators, such as the FCA in the UK, the CFTC in the US, and ASIC in Australia. These regulators enforce strict rules on brokers, protecting traders’ funds and ensuring fair operations.

Benefits of trading with a regulated broker include client funds being protected: Brokers must hold client funds in segregated accounts, brokers are subject to regular audits, and brokers must have adequate capital to operate. For beginners, the best Forex broker would be a regulated broker offering a demo account, a wealth of educational materials, copy trading, and cent accounts.

In conclusion, choosing the best Forex broker depends on several factors, including regulation, security, cost and spreads, trading platform, account features, and customer support. By following these guidelines, you can find the best Forex broker for your needs and enjoy the lucrative opportunities available in the Forex market.

Forex4trade is an international association of traders that provides trading services to investors worldwide. They use a rigorous methodology to evaluate brokers using over 100 quantitative and qualitative criteria. Key aspects of the assessment include regulation and safety, user reviews, trading instruments, fees and commissions, trading platforms, brand popularity, client support, and educational resources.

A broker is a legal entity or individual that performs as an intermediary when making trades in the financial markets. Private investors cannot trade without a broker, as only brokers can execute trades on the exchanges. Trading involves buying and selling financial assets like stocks, currencies, or commodities with the intention of profiting from market price fluctuations. Traders employ various strategies, analysis techniques, and risk management practices to make informed decisions and optimize their chances of success in the financial markets.

Forex leverage is a tool enabling traders to control larger positions with a relatively small amount of capital, amplifying potential profits and losses based on the chosen leverage ratio. CFD is a contract between an investor/trader and seller that demonstrates that the trader will need to pay the price difference between the current value of the asset and its value at the time of contract to the seller.

Copy trading is an investing tactic where traders replicate the trading strategies of more experienced traders, automatically mirroring their trades in their own accounts to potentially achieve similar results. The team that worked on the article includes Oleg Tkachenko, Olga Shendetskaya, and Mirjan Hipolito. Tkachenko is an economic analyst and risk manager with over 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. Shendetskaya has been part of the Forex4trade team as an author, editor, and proofreader since 2017, and Hipolito is an expert crypto writer with five years of experience in the financial markets.

Related articles include Daily Forex Trading Signals for 2024 (Charts), Best Forex brokers with volatility index (VIX), Forex Gump Review – Pros and Cons, Top 6 Forex portfolio management services in 2024, Best brokers with trading promotions, and more.

forex4trade.info website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. It warns that trading on the Forex and CFD markets is always a high risk, with statistics showing that 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit.

Forex4trade (forex4trade.info) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of their capital resulting from the use of this website and information published on it. All services on the forex4trade.info website are free for users, and the team spends thousands of hours per annum researching brokers and gathering information about them to help investors choose reliable companies and avoid fraudsters.

Forex Brokers Ranking for 2024

1 RoboForex
2 Pocket Option
3 Exness
4 FBS
5 TeleTrade
6 Vantage Markets
7 FxPro
8 Eightcap
9 FreshForex
10 IC Markets
11 Forex4you
12 XM Group
13 AMarkets
14 Deriv
15 Tickmill
16 FxGlory
17 InstaForex
18 4XC
19 NPBFX
20 Gerchik&Co
21 NPBFX
22 IronFX
23 T4Trade
24 AAFX
25 FXOpen
26 FP Markets
27 HFM
28 MultiBank
29 Alpari (UK)
30 AvaTrade
31 Pacific Union
32 WForex
33 Gerchik&Co
34 NordFX
35 LiteForex
36 BlackBull Markets
37 TNFX
38 Fusion Markets
39 VT Markets
40 Grand Capital Ltd.
41 Trademax
42 FIBO Group
43 WELTRADE
44 Dukascopy
45 Trade Nation
46 ForexMart
47 SimpleFX
48 FXCC
49 FXPRIMUS
50 SuperForex
51 Blueberry Markets
52 FXGT.com
53 Axi
54 IFC Markets
55 Traders Way
56 LonghornFX
57 Kot4x
58 Fortrade
59 CAPEX
60 LMFX
61 GANN Markets
62 ForexChief
63 Hugo’s Way
64 OANDA
65 XTB
66 BDSwiss
67 Markets.com
68 NSFX
69 HYCM
70 easyMarkets
71 Equiti Group Ltd
72 OneRoyal
73 ActivTrades
74 ACY Securities
75 Key to Markets
76 Solidary Markets FX
77 Windsor Brokers
78 Accuindex
79 TrioMarkets
80 Orbex
81 Skilling
82 Moneta Markets
83 Tradeview
84 Switch Markets
85 Baxia Markets
86 TIOmarkets
87 AAATrade
88 FOREX CLUB
89 FxGrow
90 Trust Capital
91 AccentForex
92 AdroFX
93 GTC
94 NumberOne Capital Markets
95 Axiory
96 AMEGA
97 Capital Street FX
98 Scandinavian Capital Markets
99 Yadix
100 Fullerton Markets