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 3 of the brokers, and see which is best.
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.
The Most Popular Forex Brokers
Europe Regulated Brokers
24option is a popular CFD broker, licensed in Europe by CySEC. Minimum deposit is only $100, plus their trading platform is easy to use, see here.
Australia Licensed Brokers
Plus500 is an established CFD broker that is licensed in Australia and South Africa. Minimum deposit is only $100, see more at: Plus500.com.
AVAtrade is licensed in Ireland, Japan, South Africa and Australia, see here. AVA offers the RoboX & DupliTrade software for automated trading. Get a free demo account: signup here.
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.
United Kingdom Licensed Brokers
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.
The list of Forex broker reviews below is in Alphabetical order.