Why Trust Us?

The ForexBrokerReview website is a leading resource for online traders. Created by traders for traders, our research provides insightful information and extensive comparisons, exploring 100s of brokers. Our recommendations, therefore, not only help newer traders, but also old hands as well.

Security, regulation, commissions, customer support, leverage and platform functionality are just a handful of factors you must take into account before choosing a broker to work with.

In a Rush?

No time to read our comprehensive guide right now?
No problem. Following weeks of research, we’ve compressed the critical points and featured OUR broker of choice – FP Markets

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Brokers under review


Our Rating


Account Application Time1 Business Day1 Business Day1 Business Day
Minimum Account Balance100 AUD (Lowest)200 USD500 USD (Highest)
PlatformsMT4, MT5, IressMT4, MT5MT4, MT5
Account TypesStandard, Raw and Iress ViewPoint, Iress Investor and IressStandard and Raw Spread AccountsStandard and Razor Accounts
Range of Markets10,000+ (Additional Share via their Iress Platform)300+ (Additional Futures Products)500+ (No Futures Products)
Spreads/FeesLow Spreads - Commission per side is 3.0 USD per one standard lotLow Spreads - Commission per side is 3.5 USD per one standard lotLow Spreads - Commission per side is 3.76 USD per one standard lot
Execution Speed36 Milliseconds40 Milliseconds30 Milliseconds
Regulation – Tier 1 LicencesASIC; CySECFSA; AFSLASIC; FCA
Market Research and Education976
Customer Service9.567