Cybersecurity Risks with Forex brokers for 2025

We found 11 online brokers that are appropriate for Trading Secure Forex Brokers.

Cybersecurity Risks with Forex brokers Guide

Analysis by Andrew Blumer, Updated Last updated – August 27, 2025

Cybersecurity Risks in Forex Trading

Cybersecurity risks in Forex trading are becoming increasingly severe as trading platforms grow more digital and accessible. With traders required to submit personal, financial, and login information to Forex brokers, they become prime targets for cybercriminals. This guide explains the most common cybersecurity threats facing Forex brokers and traders, the consequences of attacks, and how to implement robust security protocols to minimize risk.

What Are the Most Common Cybersecurity Risks for Forex Brokers?

Online Forex brokers and traders face multiple cybersecurity threats that can compromise data, financial assets, and platform functionality.

Phishing attacks are a major concern. These involve fraudulent emails or fake broker websites designed to trick users into revealing login credentials or installing malware. For example, in June 2025, two traders in Pune collectively lost 80 lakh after responding to a fake Forex app promoted via dating platforms, only to discover the withdrawal process was a ruse demanding additional processing fees.

Hacking is another serious risk. Cybercriminals may exploit software vulnerabilities or deploy malware to gain unauthorized access to user accounts or internal broker systems. In February 2025, the cryptocurrency platform Bybit suffered a $1.5 billion token theft via a sophisticated exploit chainunderscoring how trading platforms can be compromised for massive gains.

Data breaches occur when insufficient encryption or lax internal security exposes sensitive trader data, which can be stolen or leaked on black markets. While not strictly Forex focused, the 2024 ransomware attack on the U.S. Department of the Treasury highlighted how even high security institutions can leak critical data through third party email services.

Ransomware attacks involve malicious software that encrypts broker systems and demands cryptocurrency payments to restore access, often causing major operational disruptions. In May 2025, a coordinated ransomware campaign against UK retail and financial firmsattributed to the DragonForce groupalso targeted fintech and trading services, forcing several to halt transactions until recovery payments were negotiated.

Lost devices also pose a threat. Traders who misplace unprotected smartphones or laptops may unknowingly give cybercriminals access to wallets or accounts. A resurgence of the Prometei botnet in March 2025 demonstrated how malware distributed via compromised devices can steal credentials and pivot into trading systems.

Social engineering involves manipulating traders or staff into revealing confidential information, often using psychological tactics rather than technical exploits. The Rajasthan Police in June 2025 warned against rise in fake trading apps circulated through WhatsApp and social media, where initial wins lure victims into revealing KYC documents and payment details.

Insider threats come from within the organization. Employees or contractors may unintentionally leak data or deliberately create vulnerabilities for malicious gain. Brokers are now conducting background checks and continuous monitoring to detect anomalous internal behavior before it leads to breaches.

How to Mitigate Cybersecurity Threats in Forex Trading

Preventing cyber attacks requires proactive action from both Forex brokers and individual traders to ensure system integrity and client protection.

Using updated trading software is critical. Regularly installing patches and updates helps eliminate known security loopholes and protects systems from exploits. For instance, after the Prometei botnet resurfaced in early 2025, many brokers accelerated patch deployment cycles to close critical vulnerabilities .

Enabling two factor authentication (2FA) adds an essential layer of security by requiring a secondary verification step before access is granted. Following the Bybit heist, several major brokers mandated 2FA for both login and fund transfers to shield client assets from similar takeovers.

Implementing strong password policies is another effective measure. Traders and staff should use complex, unique passwords and update them routinely. Password managers are now recommended as standard tools by regulators like ESMA and CFTC.

Avoiding suspicious emails is also important. Unsolicited messages with unknown links or attachments may contain phishing scripts or malicious software. The Pune Forex scam illustrates how convincing these lures can be when tied to promised profits.

Encrypting data ensures that all sensitive information is protected both in transit and at rest. Industry standard encryption protocols (e.g., TLS 1.3, AES 256) should be applied across platformsan approach reinforced after the 2024 Treasury email security breach.

Educating traders and staff on cybersecurity practices can greatly reduce risk. Training should cover phishing awareness, safe browsing habits, and secure data handling. Many brokers now run quarterly simulated phishing drills.

Verifying broker security should be part of any traders due diligence. Look for brokers with SSL encryption, documented security measures, and a reputation for maintaining high cybersecurity standardsparticularly those accredited under ISO 27001 or compliant with MiFID II in Europe.

Cybersecurity threats

What Threats Do Forex Brokers Face?

Forex brokers are frequent targets due to the high value of financial data they handle. Beyond common attacks like malware and phishing, brokers also face more complex threats.

Software exploits are a notable concern. These involve vulnerabilities in trading platforms or APIs that can be used to access back end systems or disrupt trading functionality. In May 2025, the Japan Exchange Group reported a breach attempt on its email security service, prompting immediate API lockdowns.

Credential stuffing is another attack vector, where hackers use leaked usernames and passwords from unrelated data breaches to gain unauthorized access to accounts. The 2024 Chainalysis report noted a 35% increase in credential stuffing attempts against financial platforms.

DNS spoofing poses serious risks by redirecting traders to fraudulent websites that mimic legitimate broker platforms, allowing attackers to steal login data and personal information. Several UK traders reported DNS hijacking incidents in Q1 2025, leading regulators to urge brokers to implement DNSSEC protections.

To counter these threats, brokers must invest in enterprise grade cybersecurity infrastructure, conduct frequent penetration testing, and maintain compliance with regulations set by bodies like the FCA in the UK, CySEC in Cyprus, or ASIC in Australia.

How Do Forex Brokers Protect Client Funds?

Reliable Forex brokers employ rigorous financial and cybersecurity protocols to protect client assets and uphold trust in their platforms.

Segregated accounts are used to keep client funds separate from a brokers operational accounts. This reduces the risk of mismanagement or unauthorized use of customer money. Many FCA regulated brokers now publish quarterly proof of reserves reports.

Encrypted payment channels help protect deposits and withdrawals. Top brokers process transactions through secure, PCI compliant gateways to minimize exposure to cyber threats. Following the DragonForce attacks in May 2025, several financial gateways upgraded to end to end encryption for all client communications.

Regulatory oversight is also a safeguard. Brokers licensed by reputable regulators must meet minimum cybersecurity and financial protection standards to maintain their licenses. Regular FCA and ASIC audits often include real time security drills.

Two factor authentication is often required not just for logging in, but also for initiating sensitive actions like withdrawals, adding another security layer for users. After the Bybit breach, 2FA enforcement expanded to include withdrawal approvals.

Routine security audits conducted by external experts help brokers detect potential vulnerabilities early and maintain a secure trading environment. Many brokers now contract third party firms to perform biannual red team exercises.

Forex Trading Platform Malware and Virus Risks

Viruses and malware pose a serious threat to Forex trading apps and desktop software. Malware can steal trading credentials, interfere with trade execution, or damage platform infrastructure.

Malicious downloads remain a common entry point for harmful software. Traders who install software from unofficial sources risk compromising their devices and trading accounts. In June 2025, variants of the TaeBot trojan were found bundled with pirated trading plugins, leading to credential theft campaigns.

Infected USB drives can also transmit malware onto trading systems, especially in shared or public environments where physical device security is weak. The 2024 audit of a major London broker revealed multiple workstations infected via USB based Autorun.INF exploits.

Fake broker apps, particularly those downloaded outside official app stores, may contain embedded spyware or keyloggers designed to steal user credentials or tamper with live trades. Googles Play Protect recently removed over 150 clone trading apps in Q2 2025.

Brokers must use endpoint protection tools, firewalls, and secure servers. Traders should only download apps from verified stores and install trusted antivirus programs to defend against these threats.

How Can Brokers Prevent Cyber Attacks?

Implementing a strong cybersecurity framework is essential for any broker handling user data and financial transactions.

Multi layer authentication systems reduce the risk of unauthorized access by requiring multiple credentials to log in or approve sensitive actions, a practice bolstered industry wide after the Bybit heist in early 2025.

Encryption of client data both in transit and at rest ensures that sensitive information is protected from interception or theft. After the 2024 Treasury email service breach, many brokers switched to hardware security modules (HSMs) for key management.

Continuous penetration testing helps identify and patch vulnerabilities before they can be exploited by cybercriminals. Leading brokers now engage in monthly external red team assessments.

Staff cybersecurity awareness training equips employees with the knowledge to identify and prevent phishing, insider threats, and social engineering attacks. Simulated attack campaigns are now conducted quarterly.

Incident response protocols provide brokers with a clear action plan for detecting, containing, and recovering from cyber intrusions. Post mortem reviews from the DragonForce incidents in May 2025 have been incorporated into many firms playbooks.

Recent Cyber Attacks on Forex Brokers

Cyber attacks on Forex brokers are rising, and several high profile incidents have highlighted the vulnerabilities in the industry.

In 2020, FxPro experienced a ransomware attack that temporarily shut down portions of its trading platform, causing service interruptions for clients.

Also in 2020, OANDA was targeted by a phishing campaign involving fake login pages that captured user credentials, posing a major security threat.

In 2021, USForex suffered a breach that exposed sensitive personal data of U.S. and Canadian clients, prompting a regulatory investigation.

IronFX faced penalties from CySEC in 2019 due to compliance failures linked to data security, underlining the importance of meeting regulatory cybersecurity expectations.

More recently, in June 2025, Indias Rajasthan Police issued a warning after dozens fell victim to fake Forex trading apps that siphoned off initial profits before demanding exorbitant processing fees.

Cyber attacks prevention

What Personal Data Is at Risk?

Cyber attacks can expose highly sensitive personal and financial information that traders share with brokers during account setup and activity.

KYC documents such as passports, ID cards, and drivers licenses are at risk of being stolen during data breaches, potentially enabling identity theft. The Pune case in May 2025 demonstrated how criminals use these documents to open fraudulent accounts.

Banking information, including IBANs, credit card numbers, or cryptocurrency wallet addresses, can be intercepted and misused by cybercriminals.

Trading data such as account balances, profit and loss statements, and order histories are valuable targets for espionage or manipulation, as seen in several recent API based intrusions on crypto exchanges.

Login credentials, including usernames, passwords, and two factor authentication tokens, can be compromised to take over trading accounts.

Email addresses and phone numbers are also commonly harvested and used for phishing campaigns or fraudulent communication attempts.

Legal Repercussions of Cybersecurity Breaches

Forex brokers that suffer data breaches can face serious legal consequences that impact their operations and reputation.

Fines and sanctions may be imposed by regulatory bodies such as the FCA, ASIC, or ESMA if brokers fail to meet required cybersecurity standards. After the 2024 Treasury email attack, OFAC also issued new guidance on third party service provider oversight.

In cases of gross negligence, criminal charges may be filed, particularly if client funds or identities are severely compromised.

Civil lawsuits, including class action suits, can be brought forward by affected clients seeking compensation for damages and data misuse.

Brand damage is often the most immediate consequence, as clients may withdraw funds and avoid using brokers with a poor security track record.

Best Cybersecurity Practices for Forex Brokers

To maintain operational integrity and protect clients, brokers must adopt industry best practices in cybersecurity management.

Encrypting all sensitive communication and stored data ensures that even in the event of a breach, the information is inaccessible to unauthorized parties.

Strong authentication and user validation procedures are necessary to prevent unauthorized access and account hijackingmandated now by MiFID II and FCA guidelines.

Scheduling regular third party security assessments allows brokers to detect vulnerabilities that internal teams may overlook.

Using secure APIs and trading infrastructure helps protect both front end user activity and back end platform operations from cyber threats.

Providing client education on cybersecurity, such as recognizing phishing attempts and securing personal devices, enhances overall platform security.

The Role of Regulation in Preventing Cybercrime

Regulators play a key role in setting cybersecurity expectations and enforcing compliance across the Forex industry.

They define mandatory cybersecurity standards that brokers must implement to protect user data and financial transactions.

Regular audits of broker systems and internal practices ensure that brokers are actively maintaining and improving their security posture.

Security guidelines and alerts issued by regulators help brokers respond to emerging threats and adapt their protocols accordingly.

Non compliance often results in regulatory penalties, reinforcing the importance of proactive cybersecurity planning and transparency.

Transparency in how brokers manage cybersecurity risk is encouraged, so clients can make informed decisions when selecting platforms.

Forex Trader Tips for Cyber Protection

Individual traders also play a critical role in protecting their accounts and devices from cybersecurity threats.

Using long, unique passwords for each platform and enabling two factor authentication significantly increases account security.

Trading only on secure, regulated platforms reduces the likelihood of encountering fraud, poor security, or shady practicesespecially after the June 2025 advisory against fake apps in Rajasthan.

Installing antivirus software and firewalls creates a defensive barrier against malware, spyware, and other intrusive programs.

Keeping apps and trading software updated ensures youre protected against the latest known vulnerabilities.

Avoiding public Wi Fi when accessing trading accounts is essential, as unsecured networks are common hunting grounds for cybercriminals.

How Should Forex Brokers Respond to a Breach?

Effective breach response is critical for limiting damage and restoring trust after a cybersecurity incident.

Brokers should immediately isolate affected systems to prevent the attack from spreading further or compromising additional data.

Notifying clients and relevant regulators is a legal and ethical obligation that promotes transparency and allows for protective action.

Launching a full investigation helps determine the scope, method, and impact of the breach, which is key to effective recovery.

Implementing updated security protocols and software patches prevents similar breaches from occurring in the future.

Conducting a post incident analysis ensures lessons are learned and integrated into future cybersecurity strategy and training.

Cybersecurity Risks in Forex Trading Verdict

In my years trading Forex, Ive seen firsthand how the rapid digitalization of trading platforms has opened doors not only to convenience but also to sophisticated cyber threats. From phishing scams masquerading as legitimate broker emails to ransomware attacks that can grind operations to a halt, Ive learned that no one is immuneparticularly when personal and financial data is at stake.

One of the scariest wake up calls for me was witnessing colleagues fall victim to fake apps promising easy profits, only to have their hard earned funds locked behind endless processing fees. That experience taught me the value of vigilance: verifying SSL certificates, insisting on two factor authentication, and never clicking a link in an unsolicited message without double checking the sender.

Over time, Ive come to rely on a layered security approachregular software updates, strong password managers, encrypted communications, and quarterly phishing drillsto stay a step ahead of cybercriminals. I also make it a point to choose brokers with ISO 27001 accreditation or MiFID II compliance, because Ive found that regulatory oversight often goes hand in hand with more rigorous internal security practices.

protecting your Forex activities is as much about personal discipline as it is about technology. By combining best practice cybersecurity protocols with ongoing educationboth for yourself and for the teams you work withyou can navigate the markets with confidence, knowing youve done everything possible to safeguard your accounts and peace of mind.

Cybersecurity in Forex trading is no longer optional its critical. As brokers and traders operate in increasingly digitized environments, both parties must remain vigilant. By combining advanced cybersecurity measures, regulatory compliance, and ongoing education, Forex participants can reduce exposure to digital threats and protect their financial futures.

We have conducted extensive research and analysis on over multiple data points on Cybersecurity Risks with Forex brokers to present you with a comprehensive guide that can help you find the most suitable Cybersecurity Risks with Forex brokers. Below we shortlist what we think are the best Secure Forex Brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Cybersecurity Risks with Forex brokers.

Reputable Cybersecurity Risks with Forex brokers Checklist

Selecting a reliable and reputable online Secure Forex Brokers trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Secure Forex Brokers more confidently.

Selecting the right online Secure Forex Brokers trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Compare Key Features of Secure Forex Brokers in Our Brokerage Comparison Table

When choosing a broker for Secure Forex Brokers trading, it's essential to compare the different options available to you. Our Secure Forex Brokers brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.

By comparing these essential features, you can choose a Secure Forex Brokers broker that best suits your needs and preferences for Secure Forex Brokers. Our Secure Forex Brokers broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Secure Forex Brokers of 2025 compared

Here are the top Secure Forex Brokers.

Compare Secure Forex Brokers brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Secure Forex Brokers broker, it's crucial to compare several factors to choose the right one for your Secure Forex Brokers needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are Secure Forex Brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Secure Forex Brokers that accept Secure Forex Brokers clients.

Broker IC Markets Roboforex eToro XTB XM Pepperstone AvaTrade FP Markets EasyMarkets SpreadEx FXPro
Rating
Regulation Seychelles Financial Services Authority (FSA) (SD018) RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120)
Min Deposit 200 10 50 No minimum deposit 5 No minimum deposit 100 100 25 No minimum deposit 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 200,000+ 730,000+ 35,000,000+ 1,000,000+ 10,000,000+ 400,000+ 400,000+ 200,000+ 250,000+ 60,000+ 7,800,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
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  • Islamic account
  • Demo account
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  • Pro account
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  • Islamic account
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  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
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  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • ECN account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Mini account
  • Islamic account
Platforms MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
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  • Phone support
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  • Email support
  • Live chat
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  • Email support
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Risk Warning Losses can exceed deposits Losses can exceed deposits 61% of retail investor accounts lose money when trading CFDs with this provider. 69% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 75-95 % of retail investor accounts lose money when trading CFDs 71% of retail investor accounts lose money when trading CFDs with this provider Losses can exceed deposits Your capital is at risk 65% of retail CFD accounts lose money 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
Demo IC Markets
Demo
Roboforex
Demo
eToro
Demo
XTB
Demo
XM
Demo
Pepperstone
Demo
AvaTrade
Demo
FP Markets
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easyMarkets
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SpreadEx
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FxPro
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Excluded Countries US, IR, CA, NZ, JP AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI, US, IN, PK, BD, NG , ID, BE, AU US, CA, IL, IR AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET BE, BR, KP, NZ, TR, US, CA, SG US, JP, NZ US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE US, TR US, CA, IR


All Secure Forex Brokers in more detail

You can compare Secure Forex Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Secure Forex Brokers for 2025 article further below. You can see it now by clicking here

We have listed top Secure Forex Brokers below.

Cybersecurity Risks with Forex brokers List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 200000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Seychelles Financial Services Authority (FSA) (SD018)
Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 730000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
eToro
(4/5)
Min deposit : 50
Visit eToro Try a Demo Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here.

Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 35000000+ traders. 61% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 1000000+ traders. 69% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd
Pepperstone
(4/5)
Min deposit : 0
Pepperstone was established in 2010 and is used by over 400000+ traders. 75-95 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 400000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA)
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 200000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs, Bonds.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130)
EasyMarkets
(4/5)
Min deposit : 25
easyMarkets was established in 2001 and is used by over 250000+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018)
SpreadEx
(4/5)
Min deposit : 0
SpreadEx was established in 1999 and is used by over 60000+ traders. 65% of retail CFD accounts lose money SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835)
FXPro
(4/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 7800000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120)

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Losses can exceed deposits
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Losses can exceed deposits