1. IC Markets

IC Markets is an Australian broker that is well known in Europe and Asia. Since its establishment in 2007, it has been offering its services in the...

Forex Brokers

2. XTB

XTB is a Polish Forex broker that was established in 2004 and has been providing brokerage services since 2005. XTB is a laureate of numerous awards,...

Forex Brokers

3. EXANTE

EXANTE is an international STP broker operating since 2011. His offer is directed primarily to advanced traders. Non-professional clients do not have...

Forex Brokers

4. Tickmill

Tickmill is a broker that started operating in 2015. Thanks to a very good offer, low spreads and good order execution, he quickly gained a lot of...

Forex Brokers

5. DEGIRO

DEGIRO is a Dutch investment platform, founded in 2008. At the beginning of 2021, the company merged with flatexDEGIRO Bank AG and since then has...

Forex Brokers

6. Royal

Royal (also known as RFXT or One Royal) is an Australian Forex/CFD broker incorporated in 2006. It works in a clean ECN model, which won the sympathy...

Forex Brokers

7. BitMEX

BitMEX is an hybrid of CFD broker and cryptocurrency exchange. We can trade cryptocurrencies there with leverege (up to 1:100). Trading accounts are...

Forex Brokers

8. TD365.com

TD365.com is a broker that originates in Australia, where it has been operating under the name TradeDirect365 since 2013. It is a broker that is one...

Forex Brokers

9. eToro

The Israeli broker eToro is an investment company focused on social trading (social investing), which provides financial and copy trading services as...

Forex Brokers

10. FP Markets

FP Markets combines ECN connectivity and award-winning execution speed with institutional-grade liquidity to provide traders consistently tighter...

Forex Brokers

11. Saxo Bank

Saxo Bank is a Danish investment bank founded in 1992 that provides global online trading services. The company is regulated by many financial...

Forex Brokers

12. TMS Brokers

TMS Brokers is the first currency brokerage house in Poland, operating since 1997, supervised by the Polish Financial Supervision Authority, and...

Forex Brokers

13. Libertex

Libertex platform has been used since 1997 by more than 2.2M users. Indication Investments Ltd is a CFD broker active within EEA and it's regulated...

Forex Brokers

14. Purple Trading

Purple Trading is a FX/CFD broker founded in 2015 roku. From the very beginning, it emphasizes transparency and honesty towards customers. It works...

Forex Brokers

15. TIOmarkets

TIOmarkets is a broker that was established in 2018. It serves clients from all over the world through its two branches in London and St. Vincent and...

Forex Brokers

16. City Index

City Index is a brand of one of the biggest FX company on the market – Gain Capital. It is offering access to the Forex market and other CFD...

Forex Brokers

17. PrimeXBT

PrimeXBT is a cryptocurrency CFD broker offering trading with leverage. Despite the accounts quoted in cryptocurrencies, it also offers the...

Forex Brokers

18. XBTFX

XBTFX is an offshore CFD and cryptocurrency broker from st. Vincent and the Grenadines. It offers cryptocurrencies trading with leverage up to 1:50...

Forex Brokers

19. Trading 212

Trading 212 is a investment broker famous for its intuitive trading app, equipped with interesting functions for managing your investments. Trading...

Forex Brokers

20. InstaForex

Serving clients since 2010 and being an EU regulated broker, InstaForex.eu has gained an established position in the trading industry. InstaForex.eu,...

Forex Brokers

21. Pepperstone

Pepperstone was founded in 2010 by a team with years of experience in trading on the Forex market and in technology industries. The company is based...

Forex Brokers

22. ActivTrades

ActivTrades was established in 2001 in Switzerland. After that the company moved to London to be in the center of financial world. Right now...

Forex Brokers

23. CMC Markets

CMC Markets, one of the largest and oldest brokers, was launched in 1989 in the United Kingdom. Since the establishment, it has been continuously...

Forex Brokers

24. XM.com

XM.com is one of the most popular brokers among European traders. It is present on many continents and regulated by many financial institutions. All...

Forex Brokers

25. LMAX Exchange

LMAX Exchange is a fast growing UK-based company. This broker is regulated by the Financial Conduct Authority (FCA), offers complete anonymity and...

Forex Brokers

26. Dukascopy EU

Dukascopy EU is a subsidiary of Dukascopy Bank, providing its services to European clients and registered in Latvia. Through Dukascopy EU, the broker...

Forex Brokers

27. HotForex

With HotForex, you can start trading with a deposit as low as USD 50, using the leverage of up to 100:1. It is characterised by very low spreads...

Forex Brokers

28. AdroFx

AdroFX is an international offshore broker with headquarters and registrations in the relevant authorities in Vanatu, Saint Vincent and the...

Forex Brokers

29. Swiss Markets

Swiss Markets is a broker regulated by the Cyprus Securities and Exchange Commission (CySEC), licence No. 199/13. It offers STP accounts with very...

Forex Brokers

30. Hantec Markets

Hantec Markets is a broker that has been operating on the market for 25 years, primarily in Asia. At present, it also offers its services to European...

Forex Brokers

31. Dukascopy Bank

Dukascopy is one of the largest retail brokers in the world and one of the oldest ECNs available to retail clients. However, it is good to know that...

Forex Brokers

32. InterTrader

InterTrader.com is one of the largest brokers in the UK. InterTrader is a member of the GVC PLC capital group operating in the digital entertainments...

Forex Brokers

33. Capital.com

Capital.com broker was established in 2016 and very quickly gained a large market share. His offer is directed rather to new traders, to whom he...

Forex Brokers

34. AvaTrade

AvaTrade is a solid Forex broker subject to a large number of regulations. The company was registered in Ireland in 2006. It is characterized by a...

Forex Brokers

35. easyMarkets

A noteworthy broker due to the long-term operation of the market. Since 2001, the company has been serving clients from all over the world. It...

Forex Brokers

36. FxPro

Founded in 2006, FxPro is a leading online Forex broker. Regulated by the Cyprus Securities and Exchange Commission (CySEC – 078/07), Financial...

Forex Brokers

37. Windsor Brokers

Windsor Brokers is one of the oldest brokers operating in the market. Its history dates back to 1988. The broker hold licences granted by CySEC, FCA,...

Forex Brokers

38. Swissquote

Swissquote is regulated by the Swiss Financial Market Supervisory Authority and has more than 200,000 active clients worldwide who trade through...

Forex Brokers

39. RoboMarkets (RoboForex)

RoboForex is a Cyprus-based international broker, originally established in New Zealand. It specializes in providing trading conditions that allows...

Forex Brokers

41. Forex.com

Forex.com is one of the largest brokers in the United States. The corporation standing behind Forex.com is Gain Capital, well-known throughout the...

Forex Brokers

42. ETX Capital

ETX Capital is an authorised and certified broker operating in the UK and regulated by the FCA. It owns Meta Trader 4, one of the most popular...

Forex Brokers

43. UFX

UFX is a world-class Forex broker established in London, currently having its headquarters in Cyprus. As a broker that processes thousands of...

Forex Brokers

44. Oanda

Oanda, a broker which has been in the currency business since 1996, is one of the pioneers of online Forex trading. It is estimated that up to 20% of...

Forex Brokers

45. BDSwiss

BDSwiss was founded in 2012 and still provides high quality FX/CFD services. Broker is regulated in these jurisdictions: Cyprus (CySEC - license...

Forex Brokers

46. Orbex

Founded in 2010, Orbex (formerly AFBFx) is an online financial broker specialising in the provision of services for retail clients on Forex, CFD and...

Forex Brokers

47. Plus500

A broker that enables trading on CFDs (forex, crypto , stocks, indices, commodities and others) and investing in stocks. Serving over a million...

Forex Brokers

48. IQ Option

IQ Option was a broker associated mainly with binary options. It is not surprising, since in the initial period of his activity he dealt only with...

Forex Brokers

49. LiteForex

LiteForex is a broker registered in Cyprus and regulates by CySEC. You can start trading with a deposit of USD 10, using a maximum leverage of as...

Forex Brokers

51. IronFX

IronFX is an FX broker that is well known around the world. It offers as many as 10 different platforms, where you can trade in more than 200...

Forex Brokers

52. FxPrimus

If a broker puts emphasis on transparency, security and performance within a strict regulatory framework, you can rest assured that you are dealing...

Forex Brokers

53. Markets.com

Markets.com is one of the fastest growing Forex market brokers, offering the leverage of 1:300 with deposits starting from USD 100. The brand belongs...

Forex Brokers

54. GKFX

GKFX Financial Services Ltd (GKFX), formerly known as Smart Live Financial Services Ltd, was established in 2010 as an online trading platform that...

Forex Brokers

55. FXTM (ForexTime)

Warning! The broker ended servicing individual clients in Europe on February 26, 2021. Currently, registration is only available to professional and...

Forex Brokers

56. FXDD

FXDD is one of the largest Forex brokers. It operates both through its US hub and international hub. Present since 2002, it has also become well...

Forex Brokers

57. FXCM

FXCM is one of the largest currency brokers in the world. As such, it is well known and is a trusted brand for anyone interested in trading on the...

Forex Brokers

58. Grandefex

Grandafex is a scam broker that especially targets people in Germany and Spain. He appeared on British FCA and Spanish CNMV warning lists. If you...

Forex Brokers

59. Universal Markets

Universal Markets seems to be a SCAM. This broker, operating via website umarketspro.com, have unreliable license, fake address and uses aggressive...

Forex Brokers

60. coin-markets.com

Coin-markets.com seems to be a SCAM. This is indicated by an unreliable license, fake address and aggressive telephone marketing. Customers report...

Forex Brokers

61. BitCenter

Beware of the bitcenter.co.uk / bit-center.pro platform Beware of the Bit Center platform running at the two URLs above. We have received many...

Forex Brokers

63. RCE Banque

Watch out for RCE Banque platform (rcebanque.com or rcebanque.tech) We have received many reports from people who are unable to withdraw funds...

Forex Brokers

64. Allianz Market

Allilanz Market is another pseudo-Forex broker that does not have any licenses and uses aggressive telemarketing. Many injured people reported a...

Forex Brokers

65. Lyndon Finance Limited

A rogue investment platform operates under the brand name of Lyndon Finance Limited (lyndonfinancelimited.com), which does not pay out funds to its...

Forex Brokers

66. Units Capital

Beware of Units Capital (unitscapital.com) According to reports from our readers, this platform is a financial fraud that purports to operate as a...

Forex Brokers

67. Finero

Beware of Finero.co.uk platform Our readers report problems with withdrawing funds from this platform. The pattern of action they describe is...

Forex Brokers

68. Finance Invest

Beware of the Finance Invest platform (finance-invest.org)! We warn against the Finance Invest platform, which offers alleged investment services...

Forex Brokers

69. Maxitrade

Maxitrade is a scam broker connected with other brands (Agricole Trade, Aspen Holding, Olympus Markets). We warn you against transfering any money to...

Forex Brokers

70. BE22

Beware of the BE22 platform at be22.com Based on the reports of our website users, we warn you against depositing any funds to the BE22 platform....

Forex Brokers

71. Uni-Co

Beware of the Uni-Co platform operating under the domains uni-co.io / uni-co.ltd / uni-co.org / uni-co.tech Based on reports from our readers and...

Forex Brokers

72. PrimeU

Beware of the PrimeU platform (primeu.com)! We warn you about the PrimeU investment platform, which is a fraudulent investment platform. According...

Forex Brokers

73. Monfex

Monfex is a SCAM broker belonging to the company Market Solution Ltd (owner of  more dishonest brands such as Maxitrade, MaxiMarkets and...

Forex Brokers

74. Agricole Trade

Agricole Trade is a scam broker connected with other brands (Maxitrade, Aspen Holding, Olympus Markets). We warn you against transfering any money to...

Forex Brokers

75. Solid Invest

Solid Invest is an unregulated Forex broker about which we have received reports from defrauded clients. According to their reports, the company does...

Forex Brokers

76. Capital Trade

Beware of the capital-trade.eu platform We have received reports from people who are unable to withdraw funds from the platform. The site looks...

Forex Brokers

77. High Trust Capital

We warn you against investing on the High Trust Capital platform (hightrustcapital.com) Our readers report that the platform is not paying the...

Forex Brokers

78. Finantiko

Finantiko is another shady platform claiming to be a Forex broker. Offers trading in assets such as CFDs on stocks, indices, currencies,...

Forex Brokers

79. Binvesting

Binvesting is another broker whose activities are highly suspicious. We have received several reports from people who are unable to withdraw funds...

Forex Brokers

80. Bull&Bear Trading Group

Beware of bnbtgroup.com and bnb-tgrp.com (Bull and Bear Trading Group) platforms. We warn against the platform operating at the above addresses....

Forex Brokers

81. Martyn Services

Watch out for the Martyn Services platform (martynservice.com) Martyn Services platform reaches customers through advertisements on the Internet...

Forex Brokers

82. IroTradex

IroTradex is a platform claiming to be a Forex / CFD broker, offering the possibility of investing in instruments such as Forex, Commodities, Stocks,...

Forex Brokers

83. MySafeMarket

MySafeMarket is a scam broker listed on the Financial Conduct Authority's list of warnings. We also informed about it here. We warn you against...

Forex Brokers

85. Swiss29

Beware of the Swiss29.com platform! The Swiss29.com platform bears the hallmarks of a fraud. We received many reports from our readers about them....

Forex Brokers

86. Nova

Watch out for Nova Commercial Finance! Nova (Nova Commercial Finance) is a platform that pretends to be a CFD broker, which in practice cheats its...

Forex Brokers

87. TRS Markets

TRS Markets is a brand that appeared among the submissions from our readers. The scheme of operation described by the users looks like the typical...

Forex Brokers

88. CapitalProTrade

Watch out for the CapitalProTrade platform operating under the domain capitalprotrade.com! CapitalProTrade is a platform that offers investment...

Forex Brokers

89. BBanc

Beware of the BBanc.com platform! We have received a large number of reports from people scammed by this platform. The reports from victims says...

Forex Brokers

90. TheCoinTrust

Watch out for TheCoinTrust TheCoinTrust is an unlicensed investment platform offering the opportunity to invest in CFDs. There are many...

Forex Brokers

91. Libra Markets

Libra Markets is a scam broker, appeared on the warning lists of many regulators, from the British FCA to the Maltese FMSA. We warn you against...

Forex Brokers

92. Pariba Group

Pariba Group is a scam broker. We warn you against transfering any money to this company. Pariba Group is a clone of BNP Paribas Group and is...

Forex Brokers

93. Fintegral

Attention! Fintegral is probably a scam! Fintegral is an investment platform against which we have received many fraud reports. On its website, it...

Forex Brokers

94. Dowmarkets

Dowmarkets is a scam broker. We warn you against transfering any money to this company. If you have any experience with Dowmarkets broker share it...

Forex Brokers

95. Shift Holdings

Shift Holdings is a company claiming to be a licensed Forex / CFD broker. In their e-mails, they informs customers that company has a CySEC license....

Forex Brokers
The above list of forex brokers is updated on a regular basis, however, if you notice that any data is out of date, we will be grateful for information. The ranking of forex brokers visible above is created on the basis of ratings added by portal users and does not include brokers who did not receive any opinion. All opinions are verified before publication, both automatically (the script detects suspicious patterns of adding opinions) and manually (substantive verification of opinions). We make every effort to ensure that the information collected on the website is as useful as possible for traders looking for a broker in our ranking. If you have experience with any of the brokers, share information about them by adding your own opinion. Remember to choose a forex/CFD broker based on your trading preferences. Depending on the type of trading you use, different broker characteristics may have a completely different meaning for you. The lowest commission is not always the most important factor. When you find a broker, you have never heard about, check out his competences and opinions.

What is Forex Broker?


A Forex broker is a financial institution that buys and sells assets on behalf of its clients and receives a commission in return. It can be said that the Forex broker acts as an intermediary that enables private investors to place orders to buy and sell in the Forex market. This means that if you want to invest in the foreign exchange market, you must have an account with one of the Forex brokers.

If it weren't for the Forex broker, you would need a lot of money and a unique relationship with banks to be able to trade in the foreign exchange market. On the other hand, the Forex broker will allow you to invest even relatively small amounts. What's more, most often they will provide you with a demo account where you will learn about the currency exchange platform and the mechanisms behind these transactions.

Where can you use the services of a broker?

Brokers usually work in banks and brokerage houses. They are usually people with economic education. Forex brokers can be found here.

What does the broker earn?

The broker usually charges a commission for each transaction made, which is his remuneration. Therefore, clients, when planning to buy or sell, have to add or deduct the broker's commission.

Does the broker make money even when the client loses?

Not everyone is able to predict all the situations that may happen on the stock market. The broker can also get it wrong. The strategy developed between the client and the broker may, in addition to profit, bring losses, but the broker always charges a commission, because it is not calculated on the profit, but on the value of the transaction.

How to choose a Forex broker

Choosing a Forex broker is not an easy task. You should take into account a number of factors such as the assets you want to trade, our deposit or the commission charged by the broker. It is worth paying attention to the service in Polish or the friendliness of the transaction platform. Due to the number of factors, it is worth reading the Forex broker ranking available on our website.

What broker for beginners

When we are new to Forex trading, choosing a broker can play an even greater role. It is worth focusing primarily on the ease of use of the transaction platform, the availability of educational materials on the broker's website, but also, which is extremely important, with the minimum possible deposit or the smallest transaction size that we can conclude. We suggest you use our eBook to help you choose the right broker.