Forex Brokers Ranking List

Forex Brokers Ranking List

Most pages that list Forex Brokers in web are too long.

They contain too much Information that you dont really care about. We are going to take a different approach.

We will focus on listing the Forex Brokers that score best to our Ranking Factors, and present the most important information to you.

  • A Ranking Score of 80-99 is considered to be a very High Score. This means the Broker is a great option
  • A Ranking Score of 60-79 is consided to be an average Score. This means that the Broker has some disadvantages but still it can be a choice for you
  • A Ranking Score below 59 is considered to be a very poor Score. It would be better to avoid this Broker.

Enjoy Reading our Forex Brokers Ranking List


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

πŸ₯‡ Position 1:Β  eToro Β  Β  Forex Brokers Ranking List Ranking Score: 98

etoro revieweToro is a leading Social and Copy Trading Platform that accepts traders from many countries. eToro is highly licenced in ASIC πŸ‡¦πŸ‡Ί, CySEC πŸ‡ͺπŸ‡Ί πŸ‡¨πŸ‡Ύ, FCA πŸ‡¬πŸ‡§.
  • Regulated (ASIC, CySec, FCA etc)
  • User-friendly web platform
  • US friendly for cryptoportofios
  • Great Social Trading Experience
  • CFD Trading in Forex, Shares, Gold etc
  • 67% of retail CFD accounts lose money
πŸ” Review: eToro Review πŸ”— Website: www.etoro.com

πŸ₯ˆ Position 2:Β  Admiral Markets Β  Β Β  Forex Brokers Ranking List Ranking Score: 96

admiral markets logoAdmiral Markets is a forex and CFD broker that accepts traders from many countries. They hold license in Australia πŸ‡¦πŸ‡Ί (ASIC) , in EU πŸ‡ͺπŸ‡Ί (CySEC ) and in the UKπŸ‡¬πŸ‡§ (FCA). They offer a great variety of trading instruments.
  • Regulated (ASIC, CySec, FCA etc)
  • MT4 – MT5 platform
  • 3350+ Stock CFD, 300+ ETF CFD
πŸ” Review: Admiral Markets Review πŸ”— Website: www.admiralmarkets.com

πŸ₯‰ Position 3:Β  Avatrade Β Β  Β Β  Β Β  Forex Brokers Ranking List Ranking Score: 92

avatrade logoAvatrade is a trusted Forex and CFD Trading Broker. Avatrade is highly regulated in 6 jurisdictions including Australia πŸ‡¦πŸ‡Ί (ASIC) , Ireland πŸ‡ͺπŸ‡Ί , and UK πŸ‡¬πŸ‡§ (FCA).
  • Regulated in 6 jurisdictions
  • MT4 – MT5 platform
  • 1250+ Trading Assets
  • 100$ Minimum Deposit
πŸ” Review: Avatrade Review πŸ”— Website: www.avatrade.com

πŸš€ Position 4:Β  Plus500 Β Β  Β Β  Β Β  Forex Brokers Ranking List Ranking Score: 91

plus500 logoPlus500 is a popular CFD Trading Broker offering CFD Trading to 60 countries wolrdwide. Plus500 holds licenses from various countries such as CySEC (EU License), ASIC (Australian License), FCA (UK License).
  • Trusted CFD Trading Broker
  • Regulated in varius jurisdictions
  • Plus500 Trading Platform
  • Millions of traders use Plus500
  • 2000+ Trading Assets
  • 100$ Minimum Deposit
πŸ” Review: Plus500 Review πŸ”— Website: www.plus500.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
Broker Bonus Min Deposit Leverage Review Open Account
USA 68% of retail CFD accounts lose money 200€ Up to 30:1 Review Visit Broker
71% of retail CFD accounts lose money 100€ Up to 1:30 Review Visit Broker
avatrade 72% of retail CFD accounts lose money 100$ Up to 1:30 Review Visit Broker
plus500 review 77% of retail CFD accounts lose money 100€ Review Visit Broker
VantageFX Logo 200$ Up to 500:1 Review Visit Broker
IQ Option Logo TradeMark 84% of retail CFD accounts lose money 10$ Up to 1:30 Review Visit Broker
bybit logo No KYC Trading Up to 100:1 Review Visit Broker
OctaFx Logo 50% Deposit Bonus 100$ Up to 1:500 (Forex) Review Visit Broker
primexbt Logo - Trading the Bitcoin with high Leverage Stay Anonymous 0.001 BTC Up to 1000:1 Review Visit Broker
Evolve Markets logo Anonymous Trading No 1000x Forex, x500 Commodities, x100 Cryptos Review Visit Broker
ns broker logo 74% of retail CFD accounts lose money 500$ Up to 1:30 Review Visit Broker
100 $ 1:500 Review Visit Broker
IC Markets Logo 73% of retail investor accounts lose money 200$ Up to 1:30 Review Visit Broker
lmfx logo USA 50$ Up to 1:1000 Review Visit Broker
basefex crypto marging trading No KYC Required 0.0001BTC Up to 100:1 Review Visit Broker
Review Visit Broker
primebit cryptobroker No KYC, MT5 Trading No minimum Deposit Up to 200X Review Visit Broker
Tenko Fx Logo Review Visit Broker
grand capital forex logo 500$ No Deposit 10€ Up to 1:1200 Review Visit Broker
Anonymous Trading 1$ Up to 1:500 Review Visit Broker
bitmex - margin bitcoin trading Derivatives Trading 0.0001 BTC 100x Cryptos Review Visit Broker
FBS Logo 10$ Up to 1:3000 (For Non EU Traders) Review Visit Broker
xtbfx - trade now No KYC Required 1$ Up to 1:500 Review Visit Broker

Forex Brokers Questions & Answers

1.) What is a Online Forex Broker

An Online Forex Broker is a company that offers forex trading services to retail forex traders.

A trader opens a personal account by signing up to a forex broker, then he funds his account and starts trading via a trading platform offered by the broker.

The Broker acts as an intermediate between the trader and the market.

Forex Brokers may also be called Currency Trading Brokers, Fx Brokers, Retail Forex Brokers, Forex Companies. We provided you with a Forex Broker Ranking List in order to avoid scams

2.) What is a Forex Broker License

Forex Brokers, in order to offer legally their services to retail and professional clients, they get Licences from Regulation Authorities. These Lisences increase the level of trust between the trader and the broker and ensure that the trading conditions are fair.

Generally, Thes rules are applied:

  1. European Union Residents can trade in EU Forex Brokers, that is brokers that hold a license from an EU Member State. Most common License in EU is CySec (Cyprus), while some brokers hold Maltese License, or License from another member state
  2. UK Residents can trade in UK Forex Brokers, which must hold an FCA License
  3. Australian Residents can trade in Australian Forex Brokers, which hold an ASIC License
  4. US Traders can trade only in trading brokers that possess US License. Please note that CFD Trading is forbidden in the US. In our website, only one company offers trading services to US Traders, EToro. If you are a US Trader, you can trade ONLY CRYPTOS in EToro (of course without leverage).
  5. All other clients can face restrictions based on local laws. However there are many countries that do not ask Brokers to have a license. Although famous forex brokers hold such kind of Licenses from Reputable Jurisdictions, there are other options for traders. These options include offshore forex brokers, that is forex brokers licensed in an offshore jurisdiction such as Seychelles or St Vincent and Grenadines etc, or Unregulated forex brokers, that is brokers that do not have any kind of license.
  6. There is unclear what happens with cryptobrokers (brokers that accept only crypto deposits, such as bitcoin, ethereum, stablecoins etc). Cryptobrokers, since they trade with cryptos, they do not trade “real money”, so they do not have to get a license or follow strict KYC Verification Proccesses. Up to now, cryptobrokers although they do not have a reputable license, they accept traders from UK, EU and Australia. They generally do not accept US residents. For more information you can read our artciles about Forex Brokers without KYC and which Cryptobrokers offer MT5 platform.

3.) What is a CFD Broker

A CFD Broker is a Broker that offers CFD Trading to Retail and Professional Traders. You can check Plus500, one the best CFD Trading Brokers, licensed in various jurisdictions.

4.) What are the types of Forex Brokers

It would be better to read our article: What are the types of Forex Brokers?

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Risk Warning: Forex Trading, CFD Trading and Binary Options involve significant risk of loss to your invested capital.
Please ensure that you have read our Risk Disclosure and you have fully understood the risks involved.

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