The purpose of reading reviews of Licensed Forex Brokers, is to know which one is best for you. You most probably are already investing with a Forex broker, and are looking to find a new broker that offers more features and better terms.
Here are a few key items to check for when researching a Forex broker.
- Is my Forex broker licensed and regulated?
- How easy is their Forex trading platform and software?
- What are the spreads for the assets I will be trading?
- Have other investors complained about this broker?
- How fast do they process withdrawals?
As of February 2020, we have reviewed more than 600 online brokers and trading apps. Many of those brokers are no longer in business, because they were not licensed entities. Below you will see many Forex broker reviews, and all the brokers listed on this page are licensed and regulated. It is still important to double check that they are licensed in your country.
You should know, many fraudsters online setup fake companies to scam people. Take a minute and read about Forex Investing Scams.
Popular Forex Brokers
FCA Licensed Broker Reviews
ForTrade is one of the fastest growing Forex CFD brokers in London. They are licensed by FCA (UK), IIROC (Canada) and ASIC (Australia), see here.
Try their easy to use trading platform, visit ForTrade.com.
ASIC Licensed Broker Reviews
Plus500 is an established CFD provider that many Australian investors use, look here.
Try their Free Demo Account, and you’ll understand why, go to: Plus500.com.
*76.4% of retail CFD accounts lose money
PepperStone is a large global Forex broker that is licensed by the FCA and ASIC, see here.
Pepperstone offers investors a variety of unique trading platforms including MT4, MT5 & cTrader, read more.
South Africa FSCA Broker Reviews
CM Trading is licensed by the FSCA in South Africa, making them a popular choice, see here.
They offer the Sirix and CopyKat trading platforms, read more at: CMTrading.com.
United States Regulated Brokers
Forex.com is a Forex and Futures broker that is registered with the CFTC and a member of NFA, see here. They offer a robust web trader platform, along with MT4 and a desktop trading software.
You should try out their Free Demo Account, signup here.
Reviews of Licensed Forex Brokers
- 24Option Review
- Alvexo Review
- ATFX Review
- AvaTrade Review
- BDSwiss Review
- City Index Review
- CM Trading Review
- easyMarkets Review
- Equiti Group Review
- EuroPrime Review
- eXcentral Review
- FinMarket Review
- ForexTime (FXTM) Review
- Fortrade Review
- FP Markets Review
- Fusion Markets Review
- FXGiants Review
- HYCM Broker Review
- IG Markets Review
- Infinox Review
- Investous Review
- M1 Finance Review
- MarketsX Review
- NSBroker Review
- NSFX Review
- Orbex Review
- Pepperstone Review
- Plus500 Review
- Q8 Trade Review
- Rakuten Securities Review
- Royal Review
- TIOmarkets Review
- Titan Invest Review
- Trade360 Review
- TradeATF Review
- TradeFred Review
- TradeFW Review
- UFX Review
- VantageFX Review