Find the best offers from top brokers!
Looking for a reputable forex broker to handle the execution of your orders? Seek no further. We have compiled a list of the most competitive offers available in the retail forex industry today.

[geot_filter region=”eutwo” exclude_region=”blacklisted,canada,india,gcc,southeastasia,australia,southafrica,unitedkingdom,euone,usa”]

Broker Minimum Deposit EURUSD Spread Regulators Next Step
ForexTime LogoYour capital is at risk $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
Tickmill LogoYour capital is at risk $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
Plus500 LogoYour capital is at risk €100Vary ASIC, CySEC, FCA
Your capital is at risk $200From 0.1 FSPR
Your capital is at risk $2000.1 pips ASIC, FCA
XM LogoYour capital is at risk $51.8 pips ASIC, CySEC, FCA
Trade360 logoYour capital is at risk $250From 2 pips, depending on account type CySEC
LegacyFX LogoYour capital is at risk $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
Your capital is at risk $200From 0.1 pips CIMA
AvaTrade LogoYour capital is at risk $100Fixed & Floating ASIC, FSA, FSB, MiFID
OctaFX LogoYour capital is at risk $5.2 pips FSA
Hot Forex LogoYour capital is at risk $50.1 CySEC, DFSA, FCA, FSB, FSC, FSCA

    [/geot_filter]

    [geot_filter region=”euone” exclude_region=”blacklisted,canada,india,gcc,southeastasia,australia,southafrica,unitedkingdom,eutwo,usa”]

    Broker Minimum Deposit EURUSD Spread Regulators Next Step
    ForexTime LogoYour capital is at risk $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
    Tickmill LogoYour capital is at risk $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
    Plus500 LogoYour capital is at risk €100Vary ASIC, CySEC, FCA
    Your capital is at risk $200From 0.1 FSPR
    Your capital is at risk $2000.1 pips ASIC, FCA
    eToro LogoYour capital is at risk $2003 pips CySEC, FCA
    Trade360 logoYour capital is at risk $250From 2 pips, depending on account type CySEC
    LegacyFX LogoYour capital is at risk $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
    XM LogoYour capital is at risk $51.8 pips ASIC, CySEC, FCA
    Your capital is at risk $200From 0.1 pips CIMA
    AvaTrade LogoYour capital is at risk $100Fixed & Floating ASIC, FSA, FSB, MiFID
    OctaFX LogoYour capital is at risk $5.2 pips FSA
    Hot Forex LogoYour capital is at risk $50.1 CySEC, DFSA, FCA, FSB, FSC, FSCA

      [/geot_filter]

      [geot_filter region=”canada” exclude_region=”blacklisted,india,gcc,southeastasia,australia,southafrica,unitedkingdom,euone,eutwo,usa”]

      Broker Minimum Deposit EURUSD Spread Regulators Next Step
      ForexTime LogoYour capital is at risk $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
      AvaTrade LogoYour capital is at risk $100Fixed & Floating ASIC, FSA, FSB, MiFID
      LegacyFX LogoYour capital is at risk $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
      Your capital is at risk $200From 0.1 FSPR
      Your capital is at risk $200From 0.1 pips CIMA
      OctaFX LogoYour capital is at risk $5.2 pips FSA
      Forex.com LogoYour capital is at risk $250 CFTC, CIMA, FCA, FSA, IIRO, NFA
      XM LogoYour capital is at risk $51.8 pips ASIC, CySEC, FCA

        [/geot_filter]

        [geot_filter region=”india” exclude_region=”blacklisted,gcc,southeastasia,australia,southafrica,unitedkingdom,canada,euone,eutwo,usa”]

        Broker Minimum Deposit EURUSD Spread Regulators Next Step
        ForexTime LogoYour capital is at risk $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
        Tickmill LogoYour capital is at risk $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
        Your capital is at risk $200From 0.1 FSPR
        OctaFX LogoYour capital is at risk $5.2 pips FSA
        IQ Option LogoYour capital is at risk $10Varies CySEC
        LegacyFX LogoYour capital is at risk $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
        XM LogoYour capital is at risk $51.8 pips ASIC, CySEC, FCA
        AvaTrade LogoYour capital is at risk $100Fixed & Floating ASIC, FSA, FSB, MiFID
        Hot Forex LogoYour capital is at risk $50.1 CySEC, DFSA, FCA, FSB, FSC, FSCA

          [/geot_filter]

          [geot_filter region=”gcc” exclude_region=”blacklisted,southeastasia,australia,southafrica,unitedkingdom,india,canada,euone,eutwo,usa”]

          Broker Minimum Deposit EURUSD Spread Regulators Next Step
          ForexTime LogoYour capital is at risk $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
          Your capital is at risk $2000.1 pips ASIC, FCA
          Tickmill LogoYour capital is at risk $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
          Plus500 LogoYour capital is at risk €100Vary ASIC, CySEC, FCA
          Your capital is at risk $200From 0.1 FSPR
          Swissquote logoYour capital is at risk $1,0001.7 to 1.1 pips, depending on account type -
          Finq.com LogoYour capital is at risk $100 -
          XM LogoYour capital is at risk $51.8 pips ASIC, CySEC, FCA
          Your capital is at risk $200From 0.1 pips CIMA
          eToro LogoYour capital is at risk $2003 pips CySEC, FCA
          AvaTrade LogoYour capital is at risk $100Fixed & Floating ASIC, FSA, FSB, MiFID
          LegacyFX LogoYour capital is at risk $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
          OctaFX LogoYour capital is at risk $5.2 pips FSA
          Hot Forex LogoYour capital is at risk $50.1 CySEC, DFSA, FCA, FSB, FSC, FSCA

            [/geot_filter]

            [geot_filter region=”southeastasia” exclude_region=”blacklisted,australia,southafrica,unitedkingdom,gcc,india,canada,euone,eutwo,usa”]

            Broker Minimum Deposit EURUSD Spread Regulators Next Step
            ForexTime LogoYour capital is at risk $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
            Your capital is at risk $2000.1 pips ASIC, FCA
            Tickmill LogoYour capital is at risk $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
            Your capital is at risk $200From 0.1 FSPR
            LegacyFX LogoYour capital is at risk $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
            Swissquote logoYour capital is at risk $1,0001.7 to 1.1 pips, depending on account type -
            XM LogoYour capital is at risk $51.8 pips ASIC, CySEC, FCA
            OctaFX LogoYour capital is at risk $5.2 pips FSA
            Your capital is at risk $200From 0.1 pips CIMA
            AvaTrade LogoYour capital is at risk $100Fixed & Floating ASIC, FSA, FSB, MiFID
            Plus500 LogoYour capital is at risk €100Vary ASIC, CySEC, FCA
            Hot Forex LogoYour capital is at risk $50.1 CySEC, DFSA, FCA, FSB, FSC, FSCA

              [/geot_filter]

              [geot_filter region=”australia” exclude_region=”blacklisted,southafrica,unitedkingdom,southeastasia,gcc,india,canada,euone,eutwo,usa”]

              Broker Minimum Deposit EURUSD Spread Regulators Next Step
              ForexTime LogoYour capital is at risk $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
              Your capital is at risk $2000.1 pips ASIC, FCA
              LegacyFX LogoYour capital is at risk $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
              Plus500 LogoYour capital is at risk €100Vary ASIC, CySEC, FCA
              Your capital is at risk $200From 0.1 FSPR
              eToro LogoYour capital is at risk $2003 pips CySEC, FCA
              XM LogoYour capital is at risk $51.8 pips ASIC, CySEC, FCA
              Your capital is at risk $200From 0.1 pips CIMA
              AvaTrade LogoYour capital is at risk $100Fixed & Floating ASIC, FSA, FSB, MiFID
              Tickmill LogoYour capital is at risk $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
              OctaFX LogoYour capital is at risk $5.2 pips FSA
              Hot Forex LogoYour capital is at risk $50.1 CySEC, DFSA, FCA, FSB, FSC, FSCA

                [/geot_filter]

                [geot_filter region=”southafrica” exclude_region=”blacklisted,unitedkingdom,australia,southeastasia,gcc,india,canada,euone,eutwo,usa”]

                Broker Minimum Deposit EURUSD Spread Regulators Next Step
                ForexTime LogoYour capital is at risk $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
                Your capital is at risk $2000.1 pips ASIC, FCA
                Tickmill LogoYour capital is at risk $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
                Plus500 LogoYour capital is at risk €100Vary ASIC, CySEC, FCA
                Your capital is at risk $200From 0.1 FSPR
                LegacyFX LogoYour capital is at risk $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
                XM LogoYour capital is at risk $51.8 pips ASIC, CySEC, FCA
                OctaFX LogoYour capital is at risk $5.2 pips FSA
                Your capital is at risk $200From 0.1 pips CIMA
                Hot Forex LogoYour capital is at risk $50.1 CySEC, DFSA, FCA, FSB, FSC, FSCA
                AvaTrade LogoYour capital is at risk $100Fixed & Floating ASIC, FSA, FSB, MiFID

                  [/geot_filter]

                  [geot_filter region=”unitedkingdom” exclude_region=”blacklisted,southafrica,australia,southeastasia,gcc,india,canada,euone,eutwo,usa”]

                  Broker Minimum Deposit EURUSD Spread Regulators Next Step
                  ForexTime LogoYour capital is at risk $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
                  Your capital is at risk $2000.1 pips ASIC, FCA
                  Tickmill LogoYour capital is at risk $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
                  Plus500 LogoYour capital is at risk €100Vary ASIC, CySEC, FCA
                  Your capital is at risk $200From 0.1 FSPR
                  Swissquote logoYour capital is at risk $1,0001.7 to 1.1 pips, depending on account type -
                  Trade360 logoYour capital is at risk $250From 2 pips, depending on account type CySEC
                  XM LogoYour capital is at risk $51.8 pips ASIC, CySEC, FCA
                  LegacyFX LogoYour capital is at risk $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
                  eToro LogoYour capital is at risk $2003 pips CySEC, FCA
                  Your capital is at risk $200From 0.1 pips CIMA
                  AvaTrade LogoYour capital is at risk $100Fixed & Floating ASIC, FSA, FSB, MiFID
                  OctaFX LogoYour capital is at risk $5.2 pips FSA
                  Hot Forex LogoYour capital is at risk $50.1 CySEC, DFSA, FCA, FSB, FSC, FSCA

                    [/geot_filter]

                    [geot_filter region=”usa” exclude_region=”blacklisted,unitedkingdom,southafrica,australia,southeastasia,gcc,india,canada,euone,eutwo”]

                    Broker Minimum Deposit EURUSD Spread Regulators Next Step
                    Forex.com LogoYour capital is at risk $250 CFTC, CIMA, FCA, FSA, IIRO, NFA

                      [/geot_filter]

                      [geot_filter exclude_region=”southafrica,eutwo,euone,canada,india,gcc,southeastasia,australia,unitedkingdom,usa,blacklisted”]

                      Broker Minimum Deposit EURUSD Spread Regulators Next Step
                      ForexTime LogoYour capital is at risk $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
                      Your capital is at risk $2000.1 pips ASIC, FCA
                      Tickmill LogoYour capital is at risk $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
                      Plus500 LogoYour capital is at risk €100Vary ASIC, CySEC, FCA
                      Your capital is at risk $200From 0.1 FSPR
                      Swissquote logoYour capital is at risk $1,0001.7 to 1.1 pips, depending on account type -
                      Trade360 logoYour capital is at risk $250From 2 pips, depending on account type CySEC
                      LegacyFX LogoYour capital is at risk $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
                      Your capital is at risk $200From 0.1 pips CIMA
                      eToro LogoYour capital is at risk $2003 pips CySEC, FCA
                      XM LogoYour capital is at risk $51.8 pips ASIC, CySEC, FCA
                      OctaFX LogoYour capital is at risk $5.2 pips FSA
                      Hot Forex LogoYour capital is at risk $50.1 CySEC, DFSA, FCA, FSB, FSC, FSCA
                      AvaTrade LogoYour capital is at risk $100Fixed & Floating ASIC, FSA, FSB, MiFID

                        [/geot_filter]

                        [geot_filter region=”blacklisted”]

                        We are sorry to see that you are in a territory that does not allow forex trading.

                        [/geot_filter]

                        Choosing a Broker: A Checklist

                        Choosing the right broker is the most important decision made by a forex trader. The task is not that hard, since you can assess the competence of a firm fairly well on the basis of a few, easily understood criteria. But do make sure that you ask the questions before opening your account: discovering some unpleasant facts when it is too late may end your trading career prematurely, and may even cause some serious harm to your self-esteem.

                        Is it regulated?

                        This question is the first one that you must ask, and whether you proceed further down the list depends on the nature of the answer that is received. In today’s highly competitive environment in forex trading there is no reason that justifies opening an account with an unregulated broker. If a firm is competent and reliable enough, the great benefits of a regulated status are so great that the only reason for not obtaining it would be some unwholesome reality about the true nature and intentions of the broker. At least we have the right, as traders and clients, to have such suspicions.

                        Sometimes highly competent newcomers have their regulatory status pending at the time of launch, but even then, it is better to wait for the result of that process if you prefer such a firm strongly, for whatever reason.

                        How big is the spread?

                        One cannot overemphasize the importance of the spread if you are, or intend to be a short term trader with frequent opening and closing of positions. If you wish to trade as a scalper, the size of the spread is a life and death issue. So make sure that the spread is as low as possible, at least in the most liquid pairs such as the EURUSD, EURJPY, or USDJPY. The best offers in the market nowadays range between 1 and 3, and there is no reason to settle for anything less.

                        If you are long-term oriented trader, then the spread is a much smaller concern.
                        What are the initial deposit requirement, the minimum leverage ratio and the lot size?
                        Of these three, the latter two are the most important. The size of the initial deposit only matters if you do not have enough risk capital to satisfy the deposit requirements of all broker which right now range between 50-500 dollars, with some extraordinary offers that facilitate trading with as little as $1.

                        But your main concern should be to ensure low leverage at the beginning. Leverage can be a double-edged sword for skilled traders, but for beginners it is just a suicidal weapon. Keep it as low as possible, and remember that higher leverage means higher risk. In the U.S. the maximum leverage is 50:1 for majors and 20:1 for minors.
                        Test the trading platform

                        The stability and reliability of the platform, accuracy of order execution, are as important as the previously discussed criteria. Make sure that the software is as good as it is said to be in these respects, and only consider opening an account if you’re completely satisfied, since there are so many brokers out there if you are unhappy with one. Open a demo account, examine the system, and then go on with your testing with a mini account. Demo accounts are marketing tools, so they can’t be used to gain a decisive opinion on how good a broker is.

                        Other aspects, such as the number of pairs available or customer support should not weigh as heavily in your assessment of a broker’s capabilities. However, be sure to check the forum of the firm, if it is available, to see how software issues are resolved (or not) by the technical support staff.