Best Brokers

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 a few key items to check for when researching a Forex 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 July 2020, we have reviewed more than 700 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

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

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:
*76.4% of retail CFD accounts lose money

United States Regulated Broker

FOREXcom 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