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The Best Forex Brokers List

Licensed Broker Reviews

The purpose of reading reviews of Licensed Brokers, is to find the best broker 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 some important items to check for, when researching your broker.

  • Is my Forex broker licensed and regulated?
  • How easy is their CFD 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 2021, we have reviewed almost 800 online brokers and trading apps. More than 300 of those brokers are now out of business, because they were not regulated.

Below you will see many Forex broker reviews, and all the brokers listed on this page are licensed and regulated. It is still very important to double check that they are in fact licensed in your country.

You should know, many fraudsters setup fake brokerage firms, just to scam people. Take a minute and read about Forex Investing Scams.

Popular Forex Brokers

Globally Licensed Broker

ForTrade Brokers

ForTrade is one of the fastest growing Forex CFD brokers in London. They are licensed by the FCA (UK), IIROC (Canada) and ASIC (Australia), see here.

Try their easy to use trading platform, visit ForTrade.com.

Multi Licensed Broker

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

United States Regulated Broker

FOREXcom

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