Below are reviews of hundreds of CFD & Forex brokers, and although not all brokers are a scam, many are scam brokers!
The best Forex brokers are licensed and regulated. Signup at multiple brokers, and see which one is best for you.
Your local government (no matter where you live) has a licensing agency for Forex brokers, and it is important to choose a broker that is licensed. You should read this detailed article about Forex Investing Scams.
If you are interested in Automated Trading Software, read this article.
Most Popular Forex Brokers
United Kingdom FCA Licensed
Plus500 is an established CFD broker that is licensed by FCA United Kingdom. Try out their Free Demo Account, or open a live trading account with only $100, see more at: Plus500.com.
*Capital is at Risk
Australia Licensed Brokers
EasyMarkets is licensed in both Australia and Cyprus. Their CFD trading platform is web based and easy to use. Get a Free Demo Account, register here.
PepperStone is a very popular broker that is licensed by ASIC. They offer a variety of unique trading platforms, see here.
Special Offer: Get up to 70,000 Qantas Points Free, see more details.
South Africa FSB Regulated
CM Trading is licensed by the FSB in South Africa, making them a popular choice, see here. They offer the Sirix and CopyKat trading platforms, read more at: CMTrading.com.
Cyprus Regulated Brokers
eToro are “Social Trading” brokers licensed by CySEC & the FCA. You can trade yourself, copy other traders, or invest in a CopyFund. Learn more at: eToro.com.
Orbex is licensed by CySEC, and they offer a nice selection of auto trading software, see here. They are also popular because of their tight spreads, look here.
United States Regulated Brokers
TradeStation is a broker that serious investors use, because of their advances trading software, see here. TradeStation is a legal broker that is a member of FINRA, SIPC and the NYSE.
Learn more at: TradeStation.com.
Firstrade is an established FINRA regulated discount brokerage firm located in New York. Firstrade offers stock and options trading, along with regular investment accounts and IRA account.
Learn more are: Firstrade.com.
The list of Forex broker reviews below is in Alphabetical order.