Best Forex Brokers in 2024
Below are the top five forex brokers in the world:
If you want to trade forex, stocks, indices, cryptocurrencies or commodities, you need a good broker in order to reduce costs and have access to the best trading conditions.
We have selected the best forex brokers in the world based on the votes of their users, because we believe that happy customers are the best indication that a broker is really good.
Below are the top brokers:
Licenses:
ASIC (Australian Securities & Investments Commission) - Australia
FCA (Financial Conduct Authority) - United Kingdom
BaFin (Federal Financial Supervisory Authority) - Germany
DFSA (Dubai Financial Services Authority) - United Arab Emirates
CySEC (Cyprus Securities and Exchange Commission) - Cyprus
SCB (Securities Commission of The Bahamas) - Bahamas
CMA (Capital Markets Authority) - Kenya
Minimum deposit:
$10 (we recommend a minimum investment of $200)
Interesting facts:
Pepperstone processes an average of US$9.2 billion worth of trades every day on more than 110,000 retail trading accounts. They are known to have some of the best trading conditions in the world.
Website:
www.pepperstone.com
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Licenses:
CBI (Central Bank of Ireland) - Ireland
ASIC (Australian Securities and Investments Commission) - Australia
IIROC (Investment Industry Regulatory Organization of Canada) - Canada
FSCA (Financial Sector Conduct Authority) - South Africa
FFAJ (The Financial Futures Association of Japan) - Japan
CySEC (Cyprus Securities and Exchange Commission) - Cyprus
ISA (Israel Securities Authority) - Israel
ADFSRA (Abu Dhabi Financial Services Regulatory Authority) - UAE
FSC (Financial Services Commission) - British Virgin Islands
Minimum deposit:
$100 (we recommend a minimum investment of $200)
Interesting facts:
Ava Trade has over 400,000 traders who place more than 3 million trades every month.
Website:
www.avatrade.com
Licenses:
CySEC (Cyprus Securities and Exchange Commission) - Cyprus
ASIC (Australian Securities & Investments Commission) - Australia
DFSA (Dubai Financial Services Authority) - United Arab Emirates
IFSC (International Financial Services Commission) - Belize
Minimum deposit:
$5 (we recommend a minimum investment of $200)
Interesting facts:
With over 5,000,000 clients since it was founded in 2009, XM has grown to a large and well established international investment firm and has become a true industry leader. XM's extensive experience combined with support for well over 30 languages, makes XM the broker of choice for traders of all levels, anywhere.
Website:
www.xm.com
Licenses:
FCA (Financial Conduct Authority) - United Kingdom
CySEC (Cyprus Securities and Exchange Commission) - Cyprus
FSCA (Financial Sector Conduct Authority) - South Africa
FSA (Financial Services Authority) - Seychelles
FSC (Financial Services Commission) - British Virgin Islands
FSC (Financial Services Commission) - Mauritius
CBCS (Central Bank of Curaçao and Sint Maarten) - Curaçao and St. Maarten
Minimum deposit:
$10 (we recommend a minimum investment of $200)
Interesting facts:
Exness has over $2 trillion in trading volume per month with more than 300,000 active clients. At Exness withdrawals are carried out in seconds with no manual processing, including on weekends.
Website:
www.exness.com
Licenses:
FCA (Financial Conduct Authority) - United Kingdom
CySEC (Cyprus Securities and Exchange Commission) - Cyprus
DFSA (Dubai Financial Services Authority) - United Arab Emirates
FSCA (Financial Sector Conduct Authority) - South Africa
FSA (Financial Services Authority) - St Vincent and the Grenadines
FSA (Financial Services Authority) - Seychelles
FSC (Financial Services Commission) - Mauritius
CMA (Capital Markets Authority) - Kenya
Minimum deposit:
$5 (we recommend a minimum investment of $200)
Interesting facts:
HF Markets was established in 2010 and has over 3,500,000 live accounts opened. HF Markets offers support in 27 languages, being a truly global broker.
Website:
www.hfm.com
More articles:
$30 No Deposit Bonus
Trading Competitions
Forex Webinars
Risk Warning: Investing involves high risks, including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
You should consider whether you can afford to take the high risk of losing your money. Before deciding to trade you should be fully informed of the risks and costs associated with investing with the financial markets. The data contained in this website is not necessarily real-time nor accurate. BEST BROKERZ and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your investment, or your reliance on the information contained within this website.
BEST BROKERZ may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
|