With over 50, words of research across the site, we spend hundreds of hours testing forex brokers each year. Here's how we test. Are you looking to speculate that the Euro EUR currency will go up in value against the U. Dollar USD? The forex market is the largest and most liquid market in the world, representing every global currency with trading conducted 24 hours a day, five days a week.

To trade forex, you need a reputable online broker. Trading with a trusted forex broker is a crucial factor for success in international currency markets. As a contract for difference CFD trader or forex investor, you may have specific needs related to which platform, trading tools, or research requirements you have. Understanding more about your investment style needs can help determine which forex broker will be best for you. Each year, our team here at ForexBrokers. com spends five months testing the biggest names in foreign exchange and assembles a guide to the best forex brokers for forex and CFDs trading.

Here are our findings for CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.

Read full review. Saxo Bank is an exclusive multi-asset broker with brilliant research and a superb trading platform experience — as well as a stunning selection of over 40, securities. CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12, tradeable instruments.

Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite. For traders in the U. com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe.

It offers a wide range of markets and provides an impressive suite of proprietary platforms — alongside limited access to MetaTrader. As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience.

Backed by StoneX Group, City Index is a trusted brand known for its versatile trading platforms, excellent mobile app, diverse market research, and extensive range of tradeable markets. eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors — or receive exclusive perks for sharing their own trading strategies.

For the ForexBrokers. com Annual Review , all online broker participants were assessed on variables across seven primary categories. Here's how we tested. Alongside primary categories, ForexBrokers.

com ranks brokers by the most popular investor categories. Finally, each year ForexBrokers. com honors the brokerages who go above and beyond in the areas that matter most to investors.

Regulated and trusted across the globe, IG offers traders the ultimate package of excellent trading and research tools, industry-leading education, comprehensive market research, and an extensive list of tradeable products. This fantastic all-round experience makes IG the best overall broker in CMC Markets is a globally-trusted broker that delivers a terrific offering for traders thanks to notably low pricing, nearly 10, tradeable instruments, and the Next Generation trading platform, which comes packed with quality research and innovative features such as its Dynamic Trading portfolio tool.

We've conducted thorough testing of the best trading platforms offered by dozens of the top forex brokers in the industry. A forex broker is a company that is licensed or considered exempt by a national regulator to grant you — as a retail or professional client — the ability to buy or sell foreign currencies, by way of an online trading platform or over the phone known in the industry as voice broking. A forex broker may offer you the underlying currency, or a non-deliverable spot contract or derivative such as a contract for difference, or CFD, depending on any relevant country-specific regulatory restrictions.

It's important to only use brokers that are properly regulated to reduce your risk of being scammed. Yes, to trade forex you'll need to use a forex broker. You'll need to open an account and deposit enough collateral margin to enable you to place orders with your broker to buy or sell forex. The forex broker's job is to execute your orders — either internally by acting as the principal to your trade market maker execution or by sending your orders to another market, thus acting as your agent agency execution.

Your broker should be regulated and properly licensed in your country of residence or in a major financial center. We evaluate and track dozens international regulatory agencies; click here to learn more about Trust Score. Check out our guide to trading forex for beginners here. The next step will be deciding on your trading budget. This is especially important given the risks involved in trading forex from a margin account. Forex brokers typically offer a range of contract sizes so you can fine-tune the size of your trade — which will determine how much risk you are taking for a given profit target.

In this case, your potential risk will be limited — but so will your potential rewards. For most beginners, trading forex with an amount of capital that you can afford to lose can be a great way to learn with less risk, and can be of value if you focus on the percentage returns rather than their dollar value. IG takes first place in our Annual Review as the best forex broker, with available currency pairs and the ability to trade CFDs and forex options, traders have plenty of choices.

IG is the only broker that is regulated in both Switzerland and the U. expand What does it mean to be the biggest forex broker? What can be considered the largest forex broker may vary depending on the time period used to measure size. Important factors to consider when gauging the size of a forex broker are the assets under management, number of clients, and market capitalization valuation for public companies.

Here are the top 10 brokers by forex and CFD trading volume according to data compiled by Finance Magnates during the third quarter of data excludes Japan due to the abnormally high trading volumes known to come from Japanese brokers :.

CMC Market's Next Generation platform comes with a massive selection of nearly 10, tradeable instruments. It delivers a terrific user experience, as well as advanced tools, comprehensive market research, and an excellent mobile app. Hands down, the CMC Markets Next Generation trading platform is a market leader that will impress even the pickiest of traders.

The new Dynamic Trading tool allows you to place multiple trades simultaneously, which was a nice innovation by CMC Markets this year. If you're a fan of mobile platforms — or trading forex on the go — see our picks for best forex trading apps here. What do you value most in a forex broker? Maybe you want to trade forex on the go. You might be looking for the most cost-effective forex brokers. Or maybe you are a beginner forex trader who is just getting started.

With a wide range of forex brokers comes a wide variety of features and specialties. IG offers the most tradeable CFDs in the industry, 19, CFDs, or "contracts for difference," enable traders to speculate whether the price of a stock, forex pair, market index, or commodity will go up or down without taking ownership of the underlying asset.

Alongside nearly 10, CFDs, CMC Markets offers the most tradeable currency pairs, with pairs that can be quoted both ways i. As a highly-trusted and regulated global brand, Interactive Brokers IBKR provides everything professional traders might need, from advanced trading tools and platform features to competitive pricing across a wide variety of markets, as well as connectivity to over global exchanges.

In addition to competitive spreads and low commission-based pricing for forex, Interactive Brokers provides more third-party research than any other broker. Interactive Brokers continues to innovate its platform offering, such as with its new Impact app for environmental, social, and governance ESG investing, alongside the related Impact dashboard available in its Trader Workstation TWS desktop and WebTrader platforms.

Professional client status : In today's highly regulated forex world, traders who want to maximize their margin leverage must apply and obtain ESMA's professional client status with their broker. Traders designated as Professionals in the EU do not receive negative balance protection and other consumer safety mechanisms such as eligibility for compensation schemes in the event of a broker's insolvency.

To determine the best forex brokers for professional traders, we broke down each broker's active trading program, and compared all available rebates, tiers, and all-in costs. Trading platforms were then tested for the quality and availability of advanced trading tools frequently used by professionals. Here are three of the most important factors to keep in mind when choosing an online broker for forex trading.

Not sure how to go about choosing a forex broker? by ForexProp Reviews. Find the 10 best forex prop trading firms of below! com the5ers. Visit now. Read review. Read More. Fund Your FX Black Friday Sale. Leveled Up Society Discount Code. TopTier Trader Discount Code. Leave a Reply Cancel reply Your email address will not be published. Subscribe to our Newsletter! Best Proprietary Trading Firms.

My Forex Funds Review discount code: forexpropreviews5. My Forex Funds began in , intending to find professional traders. They started by offering only their rapid account type, which gained immediate success after its release. You need to put your skills to the test and demonstrate that you can achieve your Profit Targets. Since they are looking to invest only in disciplined traders, they set a few simple Trading Objectives that should be met.

We provide reviews, ratings, and the latest news for Proprietary Trading Firms. All rights reserved. Contact Us Advertise With Us About Us How We Test Privacy Policy Terms and Conditions.

My Forex Funds. True Forex Funds. The Funded Trader. Funded Trading Plus. E8 Funding. Surge Trader. Funded Next. Finotive Funding.

Blue Guardian Capital. City Traders Imperium. Leveled Up Society. Lux Trading Firm.

com is a domain owned and operated by TTBCOM OÜ private limited company with registration number Any information or advice contained on this website is general in nature only and does not constitute personal or investment advice.

We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. You should seek independent financial advice prior to acquiring a financial product. All securities and financial products or instruments transactions involve risks.

Please remember that past performance results are not necessarily indicative of future results. The information on this site may be accessed worldwide however it is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Advertiser Disclosure: when you click in some of the links in our website we may receive compensation from our partners or advertisers at no additional cost to our visitors. By TheTradingBible. com , Updated on: Nov 21 ForexVox is a new trading name from Valutrades, a broker operating since that offers currencies, indices and commodities under FCA and FSAS regulation.

ForexVox a trading name of ValuTrades founded in is considered safe as it counts on one top-tier license from the Financial Conduct Authority FCA.

Financial Licenses. Top-tier Licenses. Provided by TheTradingBible. ForexVox has no minimum deposit. Below you'll find a list of all their available payment methods:. Bear in mind that not all payment methods or base currencies are available in all locations as there can be geographical restrictions. As per ForexVox's website, there is no clear or evident benefit to choose the ECN account over the standard account as they don't specify if there is a price difference in spreads or any major advantages rather than just calling one account ECN and the other standard.

We're definitely looking forward to ForexVox improving their account offering in order to provide clear and valuable offers that appeal to different types of traders.

ForexVox charges spreads, commissions only on their ECN account and overnight fees on leveraged positions. Overall, their spreads are not the highest or the lowest being a broker that mostly specialises in currencies. We're definitely looking forward to ForexVox creating a custom lower spread offer for those ECN account customers that really need an edge on the market and are willing to pay commissions for it.

No commissions in standard accounts but rather a 1 Pip spread markup on interbank prices received. Overall, ForexVox's commission structure would definitely be attractive if we actually knew what was the benefit we're gaining by opening an ECN account.

The commissions were not easy to obtain and the benefits are definitely not clear at all beyond naming. As you can see in the above chart, ForexVox's asset offering is quite low when compared to other brokers but at least their currencies seem to be at par and sometimes even higher than their competitors.

ForexVox definitely needs to work on their platform offering to be at parr with their most common competitors. ForexVox provides an interesting tool called FVSocial ForexVox Social. In this separate platform both experienced traders looking to offer their expertise or new traders looking to learn can meet and benefit from each other.

Inside FV Social, any user can subscribe to various types of signal channels, packages or different offers created by traders while at the same time get the feeling of community by chatting with other ForexVox traders.

From all of ForexVox's offering, the most appreciated element is FV Social. While it is true that it looks a bit raw and in need of more development, we can definitely see the potential value in it. We definitely look forward to ForexVox creating a more diverse educational offering in order to help new clients get a better experience. Founded in , ForexVox is quite new to the game.

Their offer seems to be created for currency traders yet there are many holes yet to be filled when it comes to the benefit of choosing one account over another or what makes Forex Vox different to their competition.

The area where ForexVox took a nice and well thought out initiative is their FV Social platform. It's something new and interesting that not everyone is offering yet it also needs a lot of work to become an internationally recognised product amongst the financial services industry.

NAGA review covering their licenses, minimum deposit and withdrawal, fees, account types, platforms and more. Eightcap review covering their licences, minimum deposit and withdrawal, fees, account types, platforms and more. FXCM review covering their licences, minimum deposit and withdrawal, fees, account types, platforms and more. BlackBull Markets review covering their licenses, minimum deposit and withdrawal, fees, account types, platforms and more.

Freedom Finance review covering their licenses, minimum deposit and withdrawal, fees, account types, platforms and more. HF Markets HFM review covering their licenses, minimum deposit and withdrawal, fees, account types, platforms and more. Our ranking of the 5 best United Arab Emirates MetaTrader 5 MT5 brokers after carefully evaluating their trustworthiness, capabilities, fees and more using our proprietary methodology.

Our ranking of the 5 best Singapore MetaTrader 5 MT5 brokers after carefully evaluating their trustworthiness, capabilities, fees and more using our proprietary methodology. Our ranking of the 5 best South African MetaTrader 5 MT5 brokers after carefully evaluating their trustworthiness, capabilities, fees and more using our proprietary methodology.

Our ranking of the 5 best Australian MetaTrader 5 MT5 brokers after carefully evaluating their trustworthiness, capabilities, fees and more using our proprietary methodology. By using TheTradingBible. com's website you agree to the use of cookies. Brokers Compare Brokers BlackBull Markets Vs. Choose AAATrade ActivTrader Admiral Markets Alvexo AvaTrade Axi AxiTrader BDSwiss Binance Blueberry Markets Capital.

com City Index CMC Markets Coinbase DEGIRO easyMarkets Eightcap eToro ETX Capital Exness FBS Forex. com ForexVox FP Markets Freedom Finance Fusion Markets FXCM FxPro HF Markets HFM IC Markets iFOREX Europe IG Interactive Brokers LegacyFX Libertex Markets. com Moneta Markets MultiBank NAGA Nextmarkets Oanda OctaFX OvalX Pepperstone Plus RoboForex Robomarkets Saxo Bank Skilling SquaredFinancial Swissquote ThinkMarkets Tickmill TMGM Trading Valutrades Vestle Webull XM XTB. Best UK Brokers 5 Best UK MetaTrader 5 MT5 Brokers List 5 Best UK MetaTrader 4 MT4 Brokers List 5 Best UK Stock Brokers List for 5 Best UK Forex Brokers List for Best Australia Brokers 5 Best Australian MetaTrader 5 MT5 Brokers List 5 Best Australian MetaTrader 4 MT4 Brokers List 5 Best Australian Stock Brokers List for 5 Best Australian Forex Brokers List for Best South Africa Brokers 5 Best South African MetaTrader 5 MT5 Brokers List 5 Best South African MetaTrader 4 MT4 Brokers List 5 Best South Africa Stock Brokers List for 5 Best South Africa Forex Brokers List for Best UAE Brokers 5 Best United Arab Emirates UAE MetaTrader 5 MT5 Brokers List 5 Best United Arab Emirates UAE MetaTrader 4 MT4 Brokers List 5 Best United Arab Emirates UAE Stock Brokers List 5 Best United Arab Emirates UAE Forex Brokers List.

Best Singapore Brokers 5 Best Singapore MetaTrader 5 MT5 Brokers List 5 Best Singapore MetaTrader 4 MT4 Brokers List 5 Best Singapore Stock Brokers List 5 Best Singapore Forex Brokers List. Best Brokers by Conditions 5 Best High Leverage Forex Brokers List. Best Brokers by Type 5 Best ECN Brokers List for By Regulator ASIC Regulated Brokers List BaFin Regulated Brokers List CySec Regulated Brokers List FCA Regulated Brokers List FSCA Regulated Brokers List MAS Regulated Brokers List.

By Payment Methods Bank Transfer Brokers List Credit Card Brokers List Mpesa Brokers List Neteller Brokers List PayPal Brokers List Skrill Brokers List Sofort Brokers List. By Broker Type DMA Brokers List ECN Brokers List STP Brokers List. By Trading Conditions Copy Trading Brokers List Brokers With No Inactivity Fee No Commissions Brokers List Trailing Stop-Loss Brokers List.

By Trading Platform cTrader Brokers List MetaTrader 4 MT4 Brokers List MetaTrader 5 MT5 Brokers List TradingView Brokers List. Featured Reviews BlackBull Markets. FP Markets. Freedom Finance. Eightcap eToro ForexVox HF Markets HFM IC Markets Oanda Alvexo Axi AxiTrader XTB Trading Plus Nextmarkets NAGA FXCM CMC Markets Capital. com Blueberry Markets. Trading Guides Categories Basics Cryptocurrency Derivatives Economics Forex Shares Technical Analysis Technical Analysis Indicators Trading Orders.

Follow us! Español Deutsch. Compare Brokers. Broker Database. Broker Rankings. Broker Reviews. Broker News. Trading Guides. Compare Brokers BlackBull Markets Vs. Quick Access Menu. Reviews ForexVox Review - The Good and the Bad By TheTradingBible. ForexVox in a Nutshell. ForexVox Vs. Choose AAATrade ActivTrader Admiral Markets Alvexo AvaTrade Axi AxiTrader BDSwiss Binance BlackBull Markets Blueberry Markets Capital.

com FP Markets Freedom Finance Fusion Markets FXCM FxPro HF Markets HFM IC Markets iFOREX Europe IG Interactive Brokers LegacyFX Libertex Markets. Regulation Regulated. Top-tier Licenses 1. Other Licenses 1. com Learn More. Nov 03 Review. NAGA Review - The Good and the Bad NAGA review covering their licenses, minimum deposit and withdrawal, fees, account types, platforms and more. Sep 23 Review. Eightcap Review - The Good and the Badd Eightcap review covering their licences, minimum deposit and withdrawal, fees, account types, platforms and more.

Sep 05 Review.

Each year, our team here at ForexBrokers. By continuing to browse the site, you are agreeing to our use of cookies. The support for customers should also be checked. Best Forex Trading Platform Comparison What is Forex Regulation? Leave a Reply Cancel reply Your email address will not be published. ForexVox definitely needs to work on their platform offering to be at parr with their most common competitors.

Categories:

• Forex Bitcoin
• Binary Options
• Binary Options online
• Forex
• Forex Brokers