- 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)
BROKER | FEATURES | MIN DEPOSIT | EURUSD SPREAD | |
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– 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. | $10 | ECN 0.1, Standard 1.6 | |
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– Well Established
– Low Minimum Deposits – Accepts Cryptocurrencies | $/€/£ 5, ₦1000 | Varies | |
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– 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 | $100 | From 0.0 pips | |
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– 40% New Member Bonus
– MIFID, ASIC, FSA & FSCA regulated – Free Online Trading Coach | $100 | Fixed | |
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– 31 cryptocurrency markets
– Cold storage for crypto deposits – 24/7 support available – 53 forex pairs | USD10 | 0.1 pips | |
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– 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
| $250 | From 0.6 pips | |
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– Good webinars, ebooks and tutorials
– FSCA Regulated | $250 | 0.7 pips | |
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– Order slippage on stop losses is generally minimal
– CySEC Regulated | $250 | 0.7 pips | |
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– FSCA Regulated
– MetaTrader 4 & Sirix platforms – Education Tools – Copy Trading is Available | $250 | from 0.5 pips | |
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| $250 | Varied | |
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– 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 | None | 1 pip | |
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– Ultra – fast execution from 0.1s
– Low spreads from 0.0 pups – All trading strategies allowed – No restrictions on profitability – Top trading conditions | $100 | 0.0 pips | |
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– CySEC, DFSA, FCA, FSCA, SIA Regulated
– MetaTrader4 , MetaTrader5, cTrader, FxPro SuperTrader – 10+ Years in business – 50+ International Awards | $100 | From 1:1 to 1:500 | |
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– Authorized and Regulated by FCA and CySEC
– 43 currency pairs – 0.5 pips EURUSD Spread | $100 | 0.5 pips | |
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– ASIC Regulated
– Well Established – No Fees – 24 hour support | $200 | From 0.1 pips | |
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– FCA, NFA, CFTC, IIRO, FSA, CIMA, MAS, SFC Regulated.
– Award winning platform. – Beginner Friendly. – Well established, safe and trusted. | £100 | Varied | |
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| $300 | Varied | |
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– 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. | $100 | 0.3 pips | |
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– 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. | $5 | 0.2 pips | |
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– CySEC, FSCA, FSA, DFSA, FCA Regulated
– MetaTrader4 & 5 platform – Proprietary debit card for quick withdrawal applications! | $5 | From .2 pips | |
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– 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 ECN | 0.1-0.4 (ECN), 0.3-0.7 (Classic), 0.1-1.1 (Mini) | |
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– FCA, ASIC, CySEC Regulated.
– Multi Asset Trading Platform. – No Time Frame For Demo Accounts. | 100GBP/AUD/EUR/USD | Vary |
Sign Up76.4% of retail...
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– 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 | $250 | 0.3 - 2 pips | |
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– 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) | $250 | 1.2 pips | |
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– Minimum Deposit $250
– Leverage 1:200 – Dedicated Account Manager | $250 | Fixed & Floating | |
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– Minimum Deposit $200
– ASIC, BaFin, FMA, CNMV, FSC, CIMA and RAK Regulated | $200 | 0.1 pips | |
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– FCA & ASIC Authorized and Regulated
– 24 Hour Support – Negative Balance Protection | $100 | 0.1 pips | |
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– 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 | $250 | 1 pip | |
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– CySEC, FCA, ASIC Regulated
– MT4, MT5, WebTrader platform – $50% and 20% deposit bonus up to $5,000(t&c apply) | $5 | Vary | |
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– CySEC Regulated
– 24/5 Customer Support – Free Webinars | $250 | Varied |
Sign Up78.32 % of retail investor accounts lose money when trading CFDs with this provider
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– Low min. deposit
– Easy deposit and withdrawals – A lot of pairs offered | $0 | Variable | |
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