Forex broker XM

The Best Forex Brokers For Retail Traders

Below is a detailed directory of the top Forex Brokers currently operating. This list includes pure Forex brokers (those that trade only with currencies) and those that work with both currencies and other investment instruments such as commodities, stocks, futures, indices, and CFDs, as well as with more exotic instruments such as binary options to cite an example. This list includes the top and most renowned ECN, Market Makers and Non Dealing Desk brokers.

This list includes a summary of the most important characteristics of the broker (broker type, trading instruments, trading platform, support, minimum deposit, offers, and others) as well as a link to the page of this site where there is a complete review through which the visitor will have a clearer idea of ​​what the broker offers.

The number of brokers in the Forex market is quite large and each one has its advantages and disadvantages depending on the profile of each trader. For example, if someone is interested in scalping, then the best option is an ECN broker. Otherwise, the trader can open an account with a Market Maker. Therefore, it is important to analyze the different options available for which you can use the list of brokers shown below.

BrokerRegulationBroker TypeTrading InstrumentsTrading conditionsMinimum DepositBroker Review
XM
CySECMarket Maker/STP/NDD-Forex
-Commodities
-CFD
Spreads: From 0.2 pips

Leverage: 1:888
$5Review
ICMarkets
http://icmarkets.com//?camp=1462
ASICECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.1 pips

Leverage: 1:500
$200Review
HotForex
-ECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.2 pips

Leverage: 1:1000
$5Review
XTB
FCANDD/STP-Forex
-Commodities
-CFD
Spreads: From 0.2 pips

Leverage: 1:200
$250Review
RoboForex
http://www.roboforex.com/?a=ufb
CySECECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.5 pips

Leverage: 1:1000
$10Review
FPMarkets
ASICECN/STP-Forex
-Commodities
-CFD
-Stocks
Spreads: From 0.0 pips

Leverage: 1:500
$200Review
Tickmill
FCAECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.6 pips

Leverage: 1:500
$25Review
Valutrades
FCAECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.0 pips

Leverage: 1:500
$50Review
Alpari
-ECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.0 pips

Leverage: 1:1000
$10Review
ThinkMarkets
ASIC and FCAECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.5 pips

Leverage: 1:500
$200Review
Tigerwit
FCANDD/STP-Forex
-Commodities
-CFD
Spreads: From 1.0 pips

Leverage: 1:200
$1Review
Axitrader
ASIC and FCAECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.0 pips

Leverage: 1:500
$10Review
Pepperstone
ASICECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.1 pips

Leverage: 1:500
$200Review
EasyMarkets
CySEC
ASIC
Market Maker-Forex
-Commodities
-CFD
-Forex options
Spreads: From 1.0 pips

Leverage: 1:400
$250Review
Avatrade
Bank of Ireland, ASIC and otherMarket Maker-Forex
-Commodities
-CFD
Spreads: From 1.0 pips

Leverage: 1:500
$100Review
ATFX
FCAECN/STP-Forex
-Commodities
-CFD
$100Review
FXCC
CySECECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.5 pips

Leverage: 1:500
$100Review
ForexTime
CySEC
IFSC
Market Maker/ECN-Forex
-Commodities
-CFD
Spreads: From 0.1 pips

Leverage: 1:1000
$5Review
BlackBull Markets
FSRPECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.2 pips

Leverage: 1:500
$200Review
EXNess
CySECECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.5 pips

Leverage: 1:1000
$1Review
NordFX
CySECECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.0 pips

Leverage: 1:1000
$10Review
Plus500
CySEC
ASIC
FCA
Market MakerCFD on:
-Forex
-Commodities
-Stocks
-Indices
-Crypto
Spreads: Variable

Leverage: 1:30
$100Review
FXPrimus
http://www.fxprimus.com/open-an-account?r=15010
CySECNDD/STP-Forex
-Commodities
-CFD
Spreads: From 0.5 pips

Leverage: 1:500
$200Review
FXOpen
FCA
ASIC
ECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.5 pips

Leverage: 1:500
$1Review
HYCM
FCA
CySEC
Market Maker-Forex
-Commodities
-CFD
Spreads: From 2.0 pips

Leverage: 1:200
$250Review
FBS
CySEC
IFSC
ECN/STP-Forex
-Commodities
-CFD
Spreads: From 0.5 pips

Leverage: 1:1000
$1Review
Forex4you
-NDD/STP-Forex
-Commodities
-CFD
Spreads: From 0.5 pips

Leverage: 1:500
$10Review
CM Trading
FSBNDD/STP-Forex
-Commodities
-CFD
Spreads: From 0.9 pips

Leverage: 1:400
$250Review
Alvexo
CySECMarket Maker-Forex
-Commodities
-CFD
Spreads: From 1.0 pips

Leverage: 1:200
$500Review

This Forex broker directory will be updated in the future with more companies.

How to select a good Forex broker?

One of the most important things for a trader considering to invest in any financial market like Forex is to choose the best broker according to their needs and trading objectives. In this section, we will discuss about the most important aspects that a trader should consider when selecting a broker.

  1. Trading Platform
  2. Credentials and regulation
  3. Broker Type
  4. Trading costs
  5. Spreads
  6. Quality of customer service
  7. Speed of execution and stability of the company servers
  8. Leverage and margin requirements of the broker
  9. Bonuses offered by the broker

More details in the following article: How can I choose a good Forex broker?