Compare The Best Forex Brokers
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Brokers Covered On BestForex.io
Top-Rated Forex Brokers
Handpicked brokers that excel in trading conditions, regulation, and customer service.
Award-winning Danish investment bank offering 70,000+ instruments across forex, stocks, bonds, ETFs, options, and futures.
FCA and CySEC regulated AI-powered trading platform with 3,000+ instruments, commission-free trading, and an innovative educational approach since 2016.
Award-winning Danish investment bank offering 70,000+ instruments across forex, stocks, bonds, ETFs, options, and futures.
Min Deposit
$0
Spreads
Variable
Regulation
Danish
FCA and CySEC regulated AI-powered trading platform with 3,000+ instruments, commission-free trading, and an innovative educational approach since 2016.
Min Deposit
$20
Spreads
0.2 pips
Regulation
FCA
NFA/CFTC regulated US broker and one of the only forex brokers accepting American clients, offering 80+ pairs, CFDs, and professional platforms since 1999.
Min Deposit
$100
Spreads
0.2 pips
Regulation
NFA
ASIC regulated low-cost Australian ECN broker with commissions from $2.25/lot, raw spreads from 0.0 pips, and a reputation for ultra-competitive pricing since 2019.
Min Deposit
$0
Spreads
0.0 pips
Regulation
ASIC
Swissquote is a 30-year old Swiss bank with FINMA regulation and CHF 100,000 depositor protection, yet spreads are wide and minimum deposit is high for retail.
Min Deposit
1000 CHF
Spreads
1.1 pips
Regulation
FINMA
101investing Operator FXBFI Fined by CySEC Twice, for 150,000 and 50,000 Euro, Before Losing Its Licence
CySEC fined FXBFI, the operator of 101investing, 150,000 euro in 2022 and a further 50,000 euro for AML failings in 2023, and later withdrew its licence. Two fines across different compliance failures before the licence goes.
CFI Settles With CySEC for 150,000 Euro Over Possible Anti-Money Laundering Law Breaches
CySEC reached a 150,000 euro settlement with forex broker CFI (Credit Financier Invest) in June 2022 over possible anti-money laundering law breaches found in a 2020 inspection. Size does not equal safety, and even big brands have had to settle over the machinery that guards client money.
Begin Capital Markets Settles With CySEC Again as Its 100,000 Euro Deal Follows a 170,000 Euro One
CySEC reached a 100,000 euro settlement with Begin Capital Markets in November 2022, months after a 170,000 euro one. The firm runs ProfitLevel and CapitalPanda. One settlement is an incident. Two in the same year is a pattern.
Magnum FX Fined 150,000 Euro by CySEC Over Licence Conditions, Then Hands Back Its Cyprus Authorisation
CySEC fined Magnum FX 150,000 euro over authorisation and licence condition failings for 2019 to 2020, and the broker later renounced its Cyprus licence. A firm that struggled to hold the standard its licence required and ultimately left the regime.