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Thousands of investors come to ForexBrokerExpert.com everyday for expert guide on how to choose a good forex broker. With our expert Forex broker reviews, choosing a forex broker is never easier.

Our Hall of Fame 2023

easyMarkets Review
Best For Maximum Leverage
Vantage FX Broker
Best Forex Trading Platform
AvaTrade Broker
Best Overrall
FXTM Broker
Best For Low Cost Trading
XM Broker
Best Forex Bonus
Best For Beginners

Industry Best Practices

Top Tier Regulation

Authorities like the UK FCA, US NFA, Japan JFSA, CySEC Cyprus, and ASIC Australia among others are the most reputable regulators because they have a strict regulatory framework which protects traders.

Regional Leverages

Some brokers offer leverage as high as 1:200 but European Securities and Markets Authority (ESMA) restricted leverage to 1:30 for all brokers who are operating in the EU. A similar move was pulled by regulators in the US, Japan and South Korea. Australia is one of the main regulators where leverage is not restricted yet. 

Bottom Line

Some brokers could have made a nice Forex broker but due to their short comings, it is only best to avoid such a broker. There are more competitive brokers. 

Huge Offering of Investment

Definitely there is no limit to what you can trade on CFDs. Many brokers offer variety of stocks, indices, commodities, natural gas, oil, precious metals including Crypto currencies.

Industry Acceptable Initial Deposit

In terms of the acceptable initial deposit, we can say that $250 is acceptable for a basic account.

Metatrader Facility

Many Forex broker support MT4 platform for trading.  So this should not be the reason as to why you are picking an offshore broker.

Finding The Right Forex Broker Is... Confusing​​

A lot of the brokers that we recommend are leaders in Forex trading. They offer an easy-to-use platform, expert trade ideas and efficient support.. Besides promising the best platforms,  they are fully compliant with the authorities and some of them allow users to open a free account to start investing immediately. Free registration may change in the future, so if you are thinking of opening your account at one of these platforms, it is best to register early to take advantage of this feature.

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