Find the best online brokers
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
XM
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.
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TRUSTED 1
Broker is rated as #1 in category Forex Brokers
ZFX
ZFX was founded in 2016 by veteran traders with many decades of experience. With their insight and vision, they planned on establishing a platform that would make investing much more accessible to retail traders and institutional investors alike. Let's look at zfx review in more detail.
Broker is rated as #3 in category Forex Brokers
Traze
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
Best Forex Brokers 2023
|
Rank
|
Total Score
|
Broker
|
Minimum Deposit
|
Leverage
|
Full Review
|
|---|---|---|---|---|---|
|
1
|
|
ZFX
|
50 USD
|
1:2000
| |
|
2
|
|
XM
|
5 USD
|
1:1000
| |
|
3
|
 |
Traze
|
15 USD
|
1:500
| |
|
4
|
 |
IG
|
250 USD
|
1:200
| |
|
5
|
 |
Exness
|
10 USD
|
1:Unlimited
| |
|
6
|
 |
InteractiveBrokers
|
0 USD
|
1:100
| |
|
7
|
 |
InstaForex
|
1 USD
|
1:1000
| |
|
8
|
|
FBS
|
1 USD
|
1:3000
| |
|
9
|
 |
Capital.com
|
20 USD
|
1:100
| |
|
10
|
 |
FP Markets
|
100 AUD or Equivalent
|
1:500
| |
|
11
|
 |
Axi
|
0 USD
|
1:500
| |
|
12
|
 |
RoboForex
|
10 USD
|
1:500
| |
|
13
|
 |
CMC Markets
|
0 USD
|
1:30
| |
|
14
|
|
HFM (Formerly HotForex)
|
5 USD
|
1:1000
| |
|
15
|
 |
JustMarkets
|
1 USD
|
1:3000
| |
|
16
|
 |
AvaTrade
|
100 USD
|
1:400
| |
|
17
|
|
Vantage
|
50 USD
|
1:500
| |
|
18
|
 |
eToro
|
50 USD
|
1:30
| |
|
19
|
 |
Tickmill
|
100 USD
|
1:500
| |
|
20
|
 |
Markets.com
|
100 USD
|
1:300
| |
|
21
|
 |
ICM Capital
|
200 USD
|
1:200
| |
|
22
|
 |
FxPro
|
100 USD
|
1:500
| |
|
23
|
 |
OctaFX
|
100 USD
|
1:500
| |
|
24
|
 |
Tiger Brokers
|
0 USD
|
1:4
| |
|
25
|
|
VT Markets
|
100 USD
|
1:500
| |
|
26
|
|
FXOpen
|
1 USD
|
1:500
| |
|
27
|
 |
BDSwiss
|
10 USD
|
1:1000
| |
|
28
|
 |
FXCM
|
50 USD
|
1:400
| |
|
29
|
 |
Deriv
|
100 USD
|
1:1000
| |
|
30
|
 |
FXPrimus
|
0 USD
|
1:1000
| |
|
31
|
 |
Plus500
|
100 USD
|
1:30
| |
|
32
|
 |
Olymp Trade
|
10 USD
|
1:500
| |
|
33
|
|
TMGM
|
100 USD
|
1:500
| |
|
34
|
 |
AximTrade
|
1 USD
|
1:3000
| |
|
35
|
|
Trading Pro
|
1 USD
|
1:2000
| |
|
36
|
 |
LiteForex
|
50 USD
|
1:1000
| |
|
37
|
|
Eightcap
|
100 USD
|
1:500
| |
|
38
|
|
MTrading
|
10 USD
|
1:1000
| |
|
39
|
 |
USGFX
|
100 USD
|
1:500
| |
|
40
|
|
Lirunex
|
25 USD
|
1:2000
| |
|
41
|
 |
IQ Option
|
10 USD
|
1:500
| |
|
42
|
 |
Vestrado
|
10 USD
|
1:2000
| |
|
43
|
 |
YunikonFX
|
Differs Depending on Currency
|
1:500
| |
|
44
|
|
XeroMarkets
|
10 USD
|
1:3000
| |
|
45
|
|
Vonway
|
50 USD
|
1:2000
| |
|
46
|
 |
Dollars Markets
|
0 USD
|
1:2000
| |
|
47
|
 |
Bold Prime
|
15 USD
|
1:2000
| |
|
48
|
 |
Kato Prime
|
15 USD
|
1:500
| |
|
49
|
|
Loyal Primus
|
0 USD
|
1:1000
| |
|
50
|
|
GMI Markets
|
15 USD
|
1:2000
| |
|
51
|
 |
Oroku Edge
|
1 USD
|
1:6666
| |
|
52
|
 |
TriumphFX
|
100 USD
|
1:500
|
|
Broker
|
Total Score
|
Full Review
|
|---|---|---|
|
ZFX
|
| |
|
XM
|
| |
|
Traze
|
| |
|
IG
|
| |
|
Exness
|
| |
|
InteractiveBrokers
|
| |
|
InstaForex
|
| |
|
FBS
|
| |
|
Capital.com
|
| |
|
FP Markets
|
| |
|
Axi
|
| |
|
RoboForex
|
| |
|
CMC Markets
|
| |
|
HFM (Formerly HotForex)
|
| |
|
JustMarkets
|
| |
|
AvaTrade
|
| |
|
Vantage
|
| |
|
eToro
|
| |
|
Tickmill
|
| |
|
Markets.com
|
| |
|
ICM Capital
|
| |
|
FxPro
|
| |
|
OctaFX
|
| |
|
Tiger Brokers
|
| |
|
VT Markets
|
| |
|
FXOpen
|
| |
|
BDSwiss
|
| |
|
FXCM
|
| |
|
Deriv
|
| |
|
FXPrimus
|
| |
|
Plus500
|
| |
|
Olymp Trade
|
| |
|
TMGM
|
| |
|
AximTrade
|
| |
|
Trading Pro
|
| |
|
LiteForex
|
| |
|
Eightcap
|
| |
|
MTrading
|
| |
|
USGFX
|
| |
|
Lirunex
|
| |
|
IQ Option
|
| |
|
Vestrado
|
| |
|
YunikonFX
|
| |
|
XeroMarkets
|
| |
|
Vonway
|
| |
|
Dollars Markets
|
| |
|
Bold Prime
|
| |
|
Kato Prime
|
| |
|
Loyal Primus
|
| |
|
GMI Markets
|
| |
|
Oroku Edge
|
| |
|
TriumphFX
|
|