Our Most Trusted Brokers For 2020

Trading forex can be challenging at times, with the uninitiated trader open to numerous scams and unregulated firms. To make things easier, we have prepared a list of some of our most trusted brokers we’ve reviewed and investigated this year.

Steps To Follow When Choosing A Broker

  1. Match A Broker To Your Budget
  2. Learn To Trade With A Demo Account
  3. Take Advantage Of The Best Sign Up Bonuses
  4. Use Our Ratings Based On 100-Point Checks

All Brokers are:
Licensed
Recommended by users
Reviewed & Trusted
Trade with the top - rated forex brokers
OUR #1 PICK
Min. Deposit $10
Features Over 1M Accounts
Rating 97%
Max Leverage 1:2000
Trading Size Micro-Lot
Regulation FSCA, CySEC
5 /5
Take a Look Go to FXTM

Your capital is at risk. Losses can exceed deposits

Min. Deposit $100
Features Exclusive 40% Bonus
Rating 96%
Max Leverage 1:400
Trading Size Micro-Lot
Regulation CBI, ASIC
5 /5
Take a Look Go to AvaTrade

Your capital is at risk. Losses can exceed deposits

Min. Deposit $100
Features Daily Market Analysis
Rating 96%
Max Leverage 1:500
Trading Size Micro-Lot
Regulation FSC
4.9 /5
Take a Look Go to BDSwiss

Your capital is at risk. Losses can exceed deposits

Min. Deposit $200
Features Well Regulated
Rating 95%
Max Leverage 1:200
Trading Size Mini-Lot
Regulation FCA, ASIC
4.9 /5
Take a Look Go to Pepperstone

Your capital is at risk. Losses can exceed deposits

Min. Deposit $200
Features Multi award-winning
Rating 94%
Max Leverage 1:500
Trading Size Mini-Lot
Regulation FMA, FSA
4.8 /5
Take a Look Go to BlackBull

Your capital is at risk. Losses can exceed deposits

Min. Deposit $100
Features Low spreads from 0.0
Rating 93%
Max Leverage 1:500
Trading Size Micro-Lot
Regulation FSCA, CySEC, FCA
4.8 /5
Take a Look Go to Tickmill

Your capital is at risk. Losses can exceed deposits

Min. Deposit $250
Features MetaTrader 5 Platform
Rating 92%
Max Leverage 1:200
Trading Size Mini-Lot
Regulation CySEC, VFSC
4.7 /5
Take a Look Go to LegacyFX

Your capital is at risk. Losses can exceed deposits

Min. Deposit $5
Features 50% Bonus
Rating 91%
Max Leverage 1:500
Trading Size Micro-Lot
Regulation ASIC, FCA, CIMA
4.6 /5
Take a Look Go to VantageFX

Your capital is at risk. Losses can exceed deposits

Min. Deposit $5
Features Exclusive 50% Bonus
Rating 90%
Max Leverage 1:888
Trading Size Micro-Lot
Regulation ASIC, FCA, CySEC
4.5 /5
Take a Look Go to XM

Your capital is at risk. Losses can exceed deposits

Min. Deposit $200
Features 300+ CFDs to trade
Rating 89%
Max Leverage 1:500
Trading Size Micro-Lot
Regulation ASIC, CIMA

Your capital is at risk. Losses can exceed deposits

Min. Deposit $200
Features Copy Trading available
Rating 89%
Max Leverage 1:400
Trading Size Micro-Lot
Regulation ASIC, FCA & CySEC
4.4 /5
Take a Look Go to eToro

Your capital is at risk. Losses can exceed deposits

Min. Deposit $200
Features Free Webinars
Rating 87%
Max Leverage 1:500
Trading Size Micro-Lot
Regulation FSA
4.3 /5
Take a Look Go to oInvest

Your capital is at risk. Losses can exceed deposits

Min. Deposit 0.001 BTC
Features Ideal for Crypto Trading
Rating 87%
Max Leverage 1:100
Trading Size Micro-Lot
Regulation No Regulation
4.3 /5
Take a Look Go to Prime XBT

Your capital is at risk. Losses can exceed deposits

Min. Deposit $250
Features Historical currency converter
Rating 85%
Max Leverage 1:100
Trading Size Mini-Lot
Regulation FCA
4.3 /5
Take a Look Go to Oanda

Your capital is at risk. Losses can exceed deposits

Min. Deposit $0
Features Spreads from 0.0 pips
Rating 84%
Max Leverage 1:500
Trading Size Micro-Lot
Regulation ASIC

Your capital is at risk. Losses can exceed deposits

*Trading forex on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in forex you should carefully consider your investment objectives, level of experience, and risk appetite. No information or opinion contained on this site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is no indication or guarantee of future performance. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Please read our legal disclaimer.