Forex Broker Reviews

The Scam Broker Investigator is growing daily, and we are constantly adding more reviews of Forex CFD brokers. As you continue your research for reviews of Forex brokers, we would like to point out that there are hundreds of brokers to choose from.

Although not all brokers are a scam, there are many scam brokers! Each country has their own government agency for licensing brokers, and it is important that you choose a broker from your country.

If you heard about a broker because of a trading software or system, we urge you to read the article about trading software scams.

The popular brokers are:


AVAtrade (read review) has been in business for 10 years, and are licensed by ASIC, see here.

South Africa

CM Trading (read review) is licensed by the FSB, making them a popular choice among South Africans, read more.


ITRADER (read review) is a popular broker licensed in Europe by CySEC, offering MT4 trading and bonus offers, visit

MARKETS (read review) is the largest Forex CFD broker that is licensed in by CySEC and FSB. You can start with their $25 Free Money offer, visit

United Kingdom

eToro is the largest FCA licensed social trading website in the world. You can trade yourself, copy other traders, or invest in a CopyFund. Learn more at:

ETX Capital (read review) is a popular Forex broker licensed by the FCA, who was originally founded in 1965, and they also offer binary options, see here.

The list of Forex broker reviews below is in Alphabetical order.

24Option CFD Review

24Option opened in 2009 originally as a binary options broker, and in 2017 launched their new custom CFD and Forex trading platform. 24Option CFD is owned by Rodeler Ltd, which… Continue Reading

Alvexo Review

Alvexo is an established CySEC licensed Forex & CFD broker owned by VPR Safe Financial Group Limited. Alvexo is located at 1 Agias Fylaxeos Street, Limassol, 3025 Cyprus. Their phone number… Continue Reading

AvaTrade Review

AvaTrade is an international Forex broker part of the Ava Group of companies. Founded in 2006, they are one of the oldest online brokers with four offices, located in Japan,… Continue Reading

CM Trading Review

CM Trading is a CFD Forex broker owned by Global Capital Markets Trading Ltd. Their address is P.O.Box 343, Victoria, Mahe, Seychelles. Their phone number in South African is: +27… Continue Reading

Colmex Pro Review

Colmex Pro is an established online trading broker offering their clients trading accounts in Forex, CFD and Stocks. The broker is owned by Colmex Pro Ltd., with offices located at:… Continue Reading

Financika Review

Financika is a Forex broker that is owned by Sharp Trading Ltd, which is located in the Republic of Vanuatu. Their payment processor is Cubbon Services Limited, located at: Griva… Continue Reading

Fortrade Review

Fortrade is a large broker for currency and CFD trading, licensed by the FCA. They are owned by Fortrade Limited which is located at: Michelin House, 81 Fulham Road, London,… Continue Reading

FXChoice Review

FXChoice is a Forex broker that is owned by FX Choice Limited, and they are located at: 21 Regent Street, P.O. Box 1814, Belize City, Belize. Their payment processor is… Continue Reading

FXGlobe Review

FXGlobe is a Forex broker owned by FXGlobe Limited. They are located at 61 Omirou Street, Joanna Court, 2nd Floor, Agios Nikolaos, Limassol, Cyprus. Their phone number is +357 2… Continue Reading

FXTM ForexTime Review

FXTM is a popular licensed Forex broker and CFD Dealer owned by ForexTime Limited. They are located at FXTM Tower, 35 Lamprou Konstantara, Kato Polemidia, 4156, Limassol, Cyprus. Their main… Continue Reading

HYCM Broker Review

HYCM (Henyep Capital Markets) is a popular licensed and regulated Forex broker located at 3rd Floor,28 Throgmorton Street, London EC2N 2AN, United Kingdom. Their phone number is +44 208 816… Continue Reading

IG Markets Review

IG Markets is one largest Forex brokers in the world, and have been operating since 1974. They are located at: Cannon Bridge House, 25 Dowgate Hill, London, United Kingdom EC4R… Continue Reading Review is a large broker for CFD trading. They are owned by Topic Markets Ltd. which is located at: 1, Chrysanthou Mylona, Panayides Building, 6th Floor, CY-3030 Limassol. Their main… Continue Reading


ITRADER is a new CySEC licensed Forex & CFD broker owned by Hoch Capital Ltd. iTrader is located at 5 Christaki Kranou, Office 201, Germasoya, 4047 Limassol, Cyprus. Their phone… Continue Reading Review is a Forex broker owned by Safecap Investments Limited. They are located at: 148 Strovolos Avenue, 2048 Strovolos, P.O.Box 28132, Nicosia, Cyprus. Their trading desk can be reached at +357-2-203-0583.… Continue Reading

NSFX Review

NSFX is a popular Forex broker owned by NSFX Ltd. They are located at 168 St Christopher Street, Valletta VLT 1467, MALTA. Their phone number are: United Kingdom: (+44) 330… Continue Reading

Opteck Review

Opteck is an established broker that have was originally founded in 2011 as a binary options broker. Starting in the year 2017, they discontinued offering binary options, and rolled out… Continue Reading

Plus500 Review

Plus500 is a well know and established online broker that specializes in CFD trading. They are owned by Plus500 Ltd. Plus500UK Ltd is located at: 45 Moorfields, London EC2Y 9AE, United… Continue Reading

SolidCFD Review

SolidCFD (formerly know as TradeSolid) is a new CFD trading broker that was founded in 2015. SolidCFD is owned by G.M. Marketing Group Limited which is located at 201 Rogers… Continue Reading Review is a Forex broker and CFD Dealer owned by Leadcapital Markets Ltd. They are licensed in Europe, located at: Treppides Tower, 9 Kafkasou Street, Aglantzia, 5th Floor, Nicosia, Cyprus,… Continue Reading

Trade360 Review

Trade360 is a new Forex broker owned by MFP Global Markets Ltd. They are located at: 116 Gladstonos Str., Michael Kyprianou House, 3rd and 4th floor, 3032, Limassol, Cyprus. Their… Continue Reading

TradeFred Review

TradeFred is a new Forex broker powered by the BetFred group and operated by MagicPath Capital Ltd. They are located at SIP Building, PO Box 3010 Rue Pasteur, Port Vila,… Continue Reading

XTrade Review

XTrade is a large broker for CFD trading. They are owned by XTrade Europe Ltd which is located at: 140 Vasileos Konstantinou, Tofias Building 2, Limassol, Cyprus. Their main phone number… Continue Reading

Zurich Prime Review

Zurich Prime is a Forex broker that is owned by U-NEX Global Ltd. They are located at: Ajeltake Road, Majuro, Marshall Islands. Their payment processor is U-NEX SOLUTIONS SRL which is… Continue Reading