Choose a broker | Tools

- Brokers are agents companies that you will use their service to trade forex. they did not create forex, but they give you access to their software that will let you speculate (buy and sell) currencies. beware, lot of them are scammers, make sure you trade via a regulated broker to avoid being Scammed. 

If you do not know any broker, choose from the following List. You can choose XM or Tickmill broker to get free 30$ bonus that you will get without depositing any money.
If you don't know how to open a trading account with a broker, after choosing your broker go to the next chapter to get instruction on how to open a trading account 

These are Brokers that are not Scams.

List of Brokers (We didn’t mention them all)



BROKERFEATURESMIN DEPOSITEURUSD SPREAD
Number One BrokerForexTime LogoYour capital is at riskUS Clients: NoRegulated: Yes
– Regulated by FCA, CySEC, FSCA, IFSC and FSC
– Over 1M Registered Accounts
– More than 250 Trading Instruments
– MT4, MT5 and Web Trader Platforms
– Full ECN Trading Model
– Crypto-trading only avail. for clients of FT Global Limited.
$10ECN 0.1, Standard 1.6
Alpari International LogoYour capital is at riskUS Clients: NoRegulated: Yes
– Well Established
– Low Minimum Deposits
– Accepts Cryptocurrencies
$/€/£ 5, ₦1000Varies
Your capital is at riskUS Clients: NoRegulated: Yes
– АSIC Regulated
– True ECN Execution with spreads from 0.0 pips
– Powerful 500:1 leverage and 0.01 micro lot trading
– Scalping, hedging and EAs are allowed
– MAM / PAMM accounts
– Established in 2005
– 10,000+ products to trade
$100From 0.0 pips
Your capital is at riskUS Clients: NoRegulated: Yes
– 40% New Member Bonus
– MIFID, ASIC, FSA & FSCA regulated
– Free Online Trading Coach
$100Fixed
EagleFX logo broker reviewYour capital is at riskUS Clients: YesRegulated: Yes
– 31 cryptocurrency markets
– Cold storage for crypto deposits
– 24/7 support available
– 53 forex pairs
USD100.1 pips
LegacyFX LogoYour capital is at riskUS Clients: NoRegulated: Yes
– CySEC regulated.
– Good for beginners with excellent trading academy.
– Beginner Friendly
-Many supported payment methods for easy deposit and withdrawal
– LegacyFX Academy hosts over 80 trading videos, webinars and educational materials for all levels
– Meta Trader 5 Trading platform
– Access to exclusive professional trading tools and market insights
– Dedicated support staff during all trading hours
$250From 0.6 pips
Oinvest LogoYour capital is at riskUS Clients: NoRegulated: Yes
– Good webinars, ebooks and tutorials
– FSCA Regulated
$2500.7 pips
iTrader LogoTrading Forex/CFD’s involves substantial risk and may lead to loss of all invested capital.US Clients: NoRegulated: Yes
– Order slippage on stop losses is generally minimal
– CySEC Regulated
$2500.7 pips
CM Trading LogoYour capital is at riskUS Clients: NoRegulated: Yes
– FSCA Regulated
– MetaTrader 4 & Sirix platforms
– Education Tools
– Copy Trading is Available
$250from 0.5 pips
ETFinance LogoYour capital is at riskUS Clients: NoRegulated: Yes
  • Wide range of instruments to trade as CFDs
  • Licensed and regulated, with high-level security in place
  • Choice of quality trading platforms, including MT4
$250Varied
Oanda Logo77% of retail CFD accounts lose moneyUS Clients: YesRegulated: Yes
– No Minimum Deposit
– Over 100 instruments
– Web, desktop, mobile platform and MT4
– Best Retail FX Platform 2018
– FCA & ASIC Authorized and Regulated
– Founded in 1996 with HQ in Toronto, CA
None1 pip
Tickmill LogoYour capital is at riskUS Clients: NoRegulated: Yes
– Ultra – fast execution from 0.1s
– Low spreads from 0.0 pups
– All trading strategies allowed
– No restrictions on profitability
– Top trading conditions
$1000.0 pips
FxPro LogoYour capital is at riskUS Clients: NoRegulated: Yes
– CySEC, DFSA, FCA, FSCA, SIA Regulated
– MetaTrader4 , MetaTrader5, cTrader, FxPro SuperTrader
– 10+ Years in business
– 50+ International Awards
$100From 1:1 to 1:500
ATFX LogoYour capital is at riskUS Clients: NoRegulated: Yes
– Authorized and Regulated by FCA and CySEC
– 43 currency pairs
– 0.5 pips EURUSD Spread
$1000.5 pips
VantageFX LogoYour capital is at riskUS Clients: NoRegulated: Yes
– ASIC Regulated
– Well Established
– No Fees
– 24 hour support
$200From 0.1 pips
City Index Logo72% of clients lose money. Capital at riskUS Clients: NoRegulated: Yes
– FCA, NFA, CFTC, IIRO, FSA, CIMA, MAS, SFC Regulated.
– Award winning platform.
– Beginner Friendly.
– Well established, safe and trusted.
£100Varied
Your capital is at riskUS Clients:Regulated: No
  • Maximal leverage is 1:1000, but it is floating.
  • Margin call level is 80%.
  • Commissions on Forex are $7.5, on commodities – $10.
$300Varied
IronFX LogoYour capital is at riskUS Clients: NoRegulated: Yes
– Authorized and Regulated by FCA, ASIC, FSCA, CySEC
– STP/ECN services ensure no slippage or re-quotes – scalping allowed
– ECN Real Raw Spreads, 0.2 EUR/USD
– 1 Million GBP Insurance by Lloyds of London.
$1000.3 pips
OctaFX LogoYour capital is at riskUS Clients: NoRegulated: Yes
– Minimum Deposit $5
– Up to 1:500 leverage with micro-lots (0.01 size) available for everyone
– Scalping, hedging, trading on the news, and EAs are permitted at OctaFX.
– First Time Deposit Match: 50% Up To Any Max Deposit.
$50.2 pips
Your capital is at riskUS Clients: NoRegulated: Yes
– CySEC, FSCA, FSA, DFSA, FCA Regulated
– MetaTrader4 & 5 platform
– Proprietary debit card for quick withdrawal applications!
$5From .2 pips
Exness LogoYour capital is at riskUS Clients: NoRegulated: Yes
– Unlimited leverage
– Instant deposits and withdrawals
– Key figures published quarterly
– Multilingual customer support
– Negative balance protection.
$0 for Mini and Cent, $2000 for Classic, $300 for ECN0.1-0.4 (ECN), 0.3-0.7 (Classic), 0.1-1.1 (Mini)
Plus500 Logo76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.US Clients: NoRegulated: Yes
– FCA, ASIC, CySEC Regulated.
– Multi Asset Trading Platform.
– No Time Frame For Demo Accounts.
100GBP/AUD/EUR/USDVary
Sign Up76.4% of retail... 
XTB LogoYour capital is at riskUS Clients: NoRegulated: Yes
– The highest rated Broker of 2018 (as voted by Wealth & Finance International Awards)
– Regulated by FCA, BaFin, CMB & KNF
– 200:1 leverage for non EU clients
– Islamic swap free accounts
– 1500 Instruments
– 24/5 Support
$2500.3 - 2 pips
BD Swiss LogoYour capital is at riskUS Clients: NoRegulated: Yes
– Forex pairs and CFD trading
– Tight spreads as low as 1.2 pips
– Over 130 assets: Forex pairs (83), Indices (23); Commodities (18); and Treasuries (7)
$2501.2 pips
24option LogoYour capital is at riskUS Clients: NoRegulated: Yes
– Minimum Deposit $250
– Leverage 1:200
– Dedicated Account Manager
$250Fixed & Floating
MultiBank GroupYour capital is at riskUS Clients: NoRegulated: Yes
– Minimum Deposit $200
– ASIC, BaFin, FMA, CNMV, FSC, CIMA and RAK Regulated
$2000.1 pips
Pepperstone LogoYour capital is at riskUS Clients: NoRegulated: Yes
– FCA & ASIC Authorized and Regulated
– 24 Hour Support
– Negative Balance Protection
$1000.1 pips
Forex.com Logo75% of clients lose money. Capital at risk.US Clients: YesRegulated: Yes
– Trusted Global Market Leader
– Online FX & CFD Trading
– 180+  Global Markets, 84 FX pairs, 65 shares, 17 popular indices and more
– Forex, Indices, Commodities, Equities & Bitcoin
– Available to US traders
$2501 pip
XM LogoYour capital is at riskUS Clients: NoRegulated: Yes
– CySEC, FCA, ASIC Regulated
– MT4, MT5, WebTrader platform
– $50% and 20% deposit bonus up to $5,000(t&c apply)
$5Vary
CAPEX Logo78.32 % of retail investor accounts lose money when trading CFDs with this providerUS Clients: NoRegulated: Yes
– CySEC Regulated
– 24/5 Customer Support
– Free Webinars
$250Varied
Sign Up78.32 % of retail investor accounts lose money when trading CFDs with this provider
AxiTrader LogoYour capital is at riskUS Clients: NoRegulated: Yes
– Low min. deposit
– Easy deposit and withdrawals
– A lot of pairs offered
$0Variable
Investous broker logoYour capital is at riskUS Clients:Regulated: No