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
New Zealand Cancels Rockfort Markets Derivatives Licence After Finding It Breached Eight Licence Obligations
New Zealand's FMA cancelled Rockfort Markets' derivatives issuer licence in 2024 after the firm contravened eight of its licence obligations. Eight breaches is a pattern, not an accident.
Banxso Placed Into Final Liquidation as South Africa Fines It and Its Directors More Than R2 Billion
Banxso, the South African CFD broker at the centre of one of the country's largest retail trading scandals, has been placed into final liquidation. A court has declared the company hopelessly insolvent, the regulator has fined it and its directors more than 2 billion rand, and the matter has been referred to the police for criminal investigation.
FxNet Pays 225,000 Euro to Settle With CySEC Over Compliance Failures Across Its Retail Trading Business
CySEC secured a 225,000 euro settlement from FxNet (FXNET Limited), operator of EMS Brokers and NessFX, over compliance lapses found in a 2021 to 2022 review. It is not the firm's first penalty from the regulator — a pattern worth knowing about before funding an account.
AvaTrade Settles With Canada Alberta Regulator and Disgorges Its Revenue Over Unregistered CFD Trading
AvaTrade settled with the Alberta Securities Commission in 2020 over unregistered CFD trading, paying 30,000 dollars and disgorging 213,428 dollars in revenue.