We are constantly updating our broker data to give you up to date information on the best brokers for trading stocks, CFDs, commodities, Indices and Cryptocurrencies.
It is important to understand clearly that any brokers you decide to trade with offer a safe trading environment, high-tech trading tools, reliable trade order execution and clear competitive pricing.
Reading forex traders reviews or forex broker reviews on the web its easy to get confused. Scrolling through a long list of forex brokers and choosing the best broker for you is a hectic task. We have spent the last four years studying each of the best broker platforms available and have come up with a formulated list of top Forex brokers, based on a thorough research of over 400 data points.
We have assessed over 400 of the most trusted Forex brokers from all over the world and ranked them based on our proprietary Trust Score algorithm. You can see the best list of Forex, CFD, Stock and Cryptocurrency broker reviews above.
It is important to make a note here that the competition in the industry is fierce and every now and then the brokers roll out new enhancements to attract more customers with their offers and bonuses.
Globally regulatory requirements are tightening up gradually and it is found many Fx brokers expand their list of regulatory licenses frequently. This helps in protecting everyday investors and we gladly support this trend. In 2020 we found Trust Score ratings of many brokers were improved. Geo-political events play important role in market volatility. This year few of such catalysts were Brexit, Donald Trump's trade-deals, United States' policy, negative interest rates, the Hong Kong riots and fears that global stock is being overbought. We list the brokers based on broker reviews. We do it considering their positions and rankings on Stock Exchange, Trading Type, Regulation, payment type, Account Type, Computer operating system, Trading features and currency pairs to mention a few. We also categorize the best brokers by country and recommend you to take a look at our international investing in stocks and CFD guides too.
You can check the Financial Conduct Authority website here for more information on how to check your broker is reputable
The best brokers that are regulated are
The best broker is XTB. XTB is considered one of the best brokers because XTB is regulated and actively used by over 250000 active traders. XTB ia regulated by tier 1 financial regulators including Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego. XTB were founded in 2002 and have a headquarters in Poland. You can open a live trading account with XTB with as little as a 0 min deposit.
Forex is the exchange of global currencies and is a fundamental part of global trade it is not a scam. As long as you trade with a regulated broker with a good reputation and educate your self properly you should be ok. Scam brokers are easy to spot if you educate your self.
CFD trading is a legitimate method of trading and is not a scam. Due to leverage and margins CFD trading allows you trade in excess of your financial exposure. This means that you can profit with the increased leverage of a short or long CFD. But be careful you can also owe the leveraged amount if your long or short trade is not succesful. As long as you trade with a regulated broker with a good reputation and educate your self properly you should be ok.
There are thousands of different Cryptocurrencies on the market. As long as you trade with a reputable Cryptocurrency and a regulated cryptocurrency broker it is not a scam. Be aware that crytocurrency prices fluctuate and cryptocurrency investing is not a get rich quick scheme.