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 Logo $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
$1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
plus500 €100 (Plus500 offers CFDs only)Vary ASIC, CySEC, FCA
$200From 0.1 FSPR
$2000.1 pips ASIC, FCA
XM Logo $51.8 pips ASIC, CySEC, FCA
Trade360 logo $250From 2 pips, depending on account type CySEC
LegacyFX Logo $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
$200From 0.1 pips CIMA
AvaTrade Logo $100Fixed & Floating ASIC, FSA, FSB, MiFID
OctaFX Logo $5.2 pips FSA
Hot Forex Logo $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 Logo $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
    FXTB Logo $250spreads starting at 1.8 pips CySEC
    $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
    plus500 €100 (Plus500 offers CFDs only)Vary ASIC, CySEC, FCA
    $200From 0.1 FSPR
    $2000.1 pips ASIC, FCA
    eToro Logo $2003 pips CySEC, FCA
    Trade360 logo $250From 2 pips, depending on account type CySEC
    LegacyFX Logo $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
    XM Logo $51.8 pips ASIC, CySEC, FCA
    $200From 0.1 pips CIMA
    AvaTrade Logo $100Fixed & Floating ASIC, FSA, FSB, MiFID
    OctaFX Logo $5.2 pips FSA
    Hot Forex Logo $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 Logo $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
      AvaTrade Logo $100Fixed & Floating ASIC, FSA, FSB, MiFID
      LegacyFX Logo $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
      $200From 0.1 FSPR
      $200From 0.1 pips CIMA
      OctaFX Logo $5.2 pips FSA
      Forex.com Logo $250 CFTC, CIMA, FCA, FSA, IIRO, NFA
      XM Logo $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 Logo $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
        $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
        $200From 0.1 FSPR
        OctaFX Logo $5.2 pips FSA
        IQ Option Logo $10Varies CySEC
        LegacyFX Logo $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
        XM Logo $51.8 pips ASIC, CySEC, FCA
        AvaTrade Logo $100Fixed & Floating ASIC, FSA, FSB, MiFID
        Hot Forex Logo $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 Logo $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
          $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
          plus500 €100 (Plus500 offers CFDs only)Vary ASIC, CySEC, FCA
          $200From 0.1 FSPR
          $2000.1 pips ASIC, FCA
          Swissquote logo $1,0001.7 to 1.1 pips, depending on account type -
          Finq.com Logo $100 -
          XM Logo $51.8 pips ASIC, CySEC, FCA
          $200From 0.1 pips CIMA
          eToro Logo $2003 pips CySEC, FCA
          AvaTrade Logo $100Fixed & Floating ASIC, FSA, FSB, MiFID
          LegacyFX Logo $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
          OctaFX Logo $5.2 pips FSA
          Hot Forex Logo $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 Logo $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
            $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
            $2000.1 pips ASIC, FCA
            $200From 0.1 FSPR
            LegacyFX Logo $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
            Swissquote logo $1,0001.7 to 1.1 pips, depending on account type -
            XM Logo $51.8 pips ASIC, CySEC, FCA
            OctaFX Logo $5.2 pips FSA
            $200From 0.1 pips CIMA
            AvaTrade Logo $100Fixed & Floating ASIC, FSA, FSB, MiFID
            plus500 €100 (Plus500 offers CFDs only)Vary ASIC, CySEC, FCA
            Hot Forex Logo $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 Logo $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
              LegacyFX Logo $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
              plus500 €100 (Plus500 offers CFDs only)Vary ASIC, CySEC, FCA
              $200From 0.1 FSPR
              $2000.1 pips ASIC, FCA
              eToro Logo $2003 pips CySEC, FCA
              XM Logo $51.8 pips ASIC, CySEC, FCA
              $200From 0.1 pips CIMA
              AvaTrade Logo $100Fixed & Floating ASIC, FSA, FSB, MiFID
              $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
              OctaFX Logo $5.2 pips FSA
              Hot Forex Logo $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 Logo $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
                $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
                plus500 €100 (Plus500 offers CFDs only)Vary ASIC, CySEC, FCA
                $200From 0.1 FSPR
                LegacyFX Logo $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
                $2000.1 pips ASIC, FCA
                XM Logo $51.8 pips ASIC, CySEC, FCA
                OctaFX Logo $5.2 pips FSA
                $200From 0.1 pips CIMA
                Hot Forex Logo $50.1 CySEC, DFSA, FCA, FSB, FSC, FSCA
                AvaTrade Logo $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 Logo $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
                  FXTB Logo $250spreads starting at 1.8 pips CySEC
                  $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
                  plus500 €100 (Plus500 offers CFDs only)Vary ASIC, CySEC, FCA
                  $200From 0.1 FSPR
                  $2000.1 pips ASIC, FCA
                  Swissquote logo $1,0001.7 to 1.1 pips, depending on account type -
                  Trade360 logo $250From 2 pips, depending on account type CySEC
                  XM Logo $51.8 pips ASIC, CySEC, FCA
                  LegacyFX Logo $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
                  eToro Logo $2003 pips CySEC, FCA
                  $200From 0.1 pips CIMA
                  AvaTrade Logo $100Fixed & Floating ASIC, FSA, FSB, MiFID
                  OctaFX Logo $5.2 pips FSA
                  Hot Forex Logo $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 Logo $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 Logo $100.1 ECN and 0.7 Standard Accts CySEC, FCA, FSB, IFSC
                      FXTB Logo $250spreads starting at 1.8 pips CySEC
                      $1000.0 pips CySEC, FCA, FSA, FSCA, LFSA
                      plus500 €100 (Plus500 offers CFDs only)Vary ASIC, CySEC, FCA
                      $200From 0.1 FSPR
                      Swissquote logo $1,0001.7 to 1.1 pips, depending on account type -
                      Trade360 logo $250From 2 pips, depending on account type CySEC
                      LegacyFX Logo $250from 0.6 BaFin, CySEC, FCA, NBRB, VFSC
                      $200From 0.1 pips CIMA
                      eToro Logo $2003 pips CySEC, FCA
                      XM Logo $51.8 pips ASIC, CySEC, FCA
                      OctaFX Logo $5.2 pips FSA
                      Hot Forex Logo $50.1 CySEC, DFSA, FCA, FSB, FSC, FSCA
                      AvaTrade Logo $100Fixed & Floating ASIC, FSA, FSB, MiFID
                      $2000.1 pips ASIC, FCA

                        [/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.