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Monitored brokers who operate on the Forex market so that you and other traders can access reliable information about each broker company

Best Online Brokers

Broker is rated as #2 in category Forex Brokers
2 XM Logo

XM

7.8
XM.com (previously known as XeMarkets) is a Cyprus-based international online foreign exchange broker that allows users to open accounts and trade the financial markets. The company provides financial trading services through a number of electronic trading platforms, including MetaTrader 4 and MetaTrader 5, allowing traders to apply Expert Advisor (EA) strategies. They also have a proprietary mobile trading app, XM – Trading Point.
Broker is rated as #3 in category Forex Brokers
3 Traze Logo

Traze

7.6
Traze is a regulated online broker offering various financial instruments, user-friendly trading platforms, and tailored account types to cater to traders of all experience levels. Even though they are relatively new on the scene they have made an impact. This review goes over what sets them apart.

Reviews and Profiles of the Best Forex Brokers 2023

Rank
Total Score
Broker
Minimum Deposit
Leverage
Full Review
1
7.9
ZFX
50 USD
1:2000
2
7.8
XM
5 USD
1:1000
3
7.6
Traze
15 USD
1:500
4
7.5
IG
250 USD
1:200
5
7.5
Exness
10 USD
1:Unlimited
6
7.4
InteractiveBrokers
0 USD
1:100
7
7.2
InstaForex
1 USD
1:1000
8
7
FBS
1 USD
1:3000
9
6.9
Capital.com
20 USD
1:100
10
6.6
FP Markets
100 AUD or Equivalent
1:500
11
6.6
Axi
0 USD
1:500
12
6.6
RoboForex
10 USD
1:500
13
6.5
CMC Markets
0 USD
1:30
14
6.4
HFM (Formerly HotForex)
5 USD
1:1000
15
6.4
JustMarkets
1 USD
1:3000
16
6.3
AvaTrade
100 USD
1:400
17
6.2
Vantage
50 USD
1:500
18
6.1
eToro
50 USD
1:30
19
6.1
Tickmill
100 USD
1:500
20
5.9
Markets.com
100 USD
1:300
21
5.8
ICM Capital
200 USD
1:200
22
5.7
FxPro
100 USD
1:500
23
5.6
OctaFX
100 USD
1:500
24
5.6
Tiger Brokers
0 USD
1:4
25
5.5
VT Markets
100 USD
1:500
26
5.4
FXOpen
1 USD
1:500
27
5.3
BDSwiss
10 USD
1:1000
28
5.2
FXCM
50 USD
1:400
29
5.1
Deriv
100 USD
1:1000
30
5
FXPrimus
0 USD
1:1000
31
5
Plus500
100 USD
1:30
32
5
Olymp Trade
10 USD
1:500
33
4.8
TMGM
100 USD
1:500
34
4.8
AximTrade
1 USD
1:3000
35
4.5
Trading Pro
1 USD
1:2000
36
4.4
LiteForex
50 USD
1:1000
37
4.4
Eightcap
100 USD
1:500
38
4.4
MTrading
10 USD
1:1000
39
4.3
USGFX
100 USD
1:500
40
4.3
Lirunex
25 USD
1:2000
41
4.3
IQ Option
10 USD
1:500
42
4
Vestrado
10 USD
1:2000
43
3.9
YunikonFX
Differs Depending on Currency
1:500
44
3.8
XeroMarkets
10 USD
1:3000
45
3.8
Vonway
50 USD
1:2000
46
3.6
Dollars Markets
0 USD
1:2000
47
3.5
Bold Prime
15 USD
1:2000
48
3.4
Kato Prime
15 USD
1:500
49
3.3
Loyal Primus
0 USD
1:1000
50
3.2
GMI Markets
15 USD
1:2000
51
2.8
Oroku Edge
1 USD
1:6666
52
2.4
TriumphFX
100 USD
1:500
Broker
Total Score
Full Review
ZFX
7.9
XM
7.8
Traze
7.6
IG
7.5
Exness
7.5
InteractiveBrokers
7.4
InstaForex
7.2
FBS
7
Capital.com
6.9
FP Markets
6.6
Axi
6.6
RoboForex
6.6
CMC Markets
6.5
HFM (Formerly HotForex)
6.4
JustMarkets
6.4
AvaTrade
6.3
Vantage
6.2
eToro
6.1
Tickmill
6.1
Markets.com
5.9
ICM Capital
5.8
FxPro
5.7
OctaFX
5.6
Tiger Brokers
5.6
VT Markets
5.5
FXOpen
5.4
BDSwiss
5.3
FXCM
5.2
Deriv
5.1
FXPrimus
5
Plus500
5
Olymp Trade
5
TMGM
4.8
AximTrade
4.8
Trading Pro
4.5
LiteForex
4.4
Eightcap
4.4
MTrading
4.4
USGFX
4.3
Lirunex
4.3
IQ Option
4.3
Vestrado
4
YunikonFX
3.9
XeroMarkets
3.8
Vonway
3.8
Dollars Markets
3.6
Bold Prime
3.5
Kato Prime
3.4
Loyal Primus
3.3
GMI Markets
3.2
Oroku Edge
2.8
TriumphFX
2.4
PIP Penguin
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