If you are new to Forex Trading, you might be overwhelmed by the number of Forex and CFD brokers available online. Many of them are scams and you should keep that in mind when search for the Best Forex Brokers. Before you get into your trading strategy, make sure you are registered with a reliable company. That’s why we made it our mission to bring you the very best Forex brokers on the market.

So if you don’t have time to do your own research because you want to trade straight away, you can use the following Forex brokers instead. These top forex brokers were hand-picked by us after conducting careful research and scrutinizing every product and services offered by them. In addition to this, we also looked at various customer reviews before awarding a rating appropriately.

Top Rated Forex Brokers for 2020 (Best for Beginners)

BrokersMinimum DepositRegulationsFree DemoLink
$10CySECYes
Etoro$200CySEC, FCAYes
Fusion MarketsAny AmountASICYes
XM Broker$5CySEC, ASIC, FCA, IFSCYes
BDswiss$100CySEC, US NFA, FSCYes

IQ Option - Best Overall Forex Broker

  • Proprietary web based platform suitable for all
  • $10 minimum deposit requirement
  • Customize your trading with stop loss and take profits
  • Trade Forex, Crypto, Stocks, Options and Commodity at one place
  • Fully regulated broker
  • High return on investment
  • Tournaments available

IQ Option  is a licensed Forex, binary options, CFD and Crypto currency trading broker, based in Limasol Cyprus, which offers the most sophisticated and yet easy-to-use trading tools we’ve ever seen in the industry. They revolutionized the industry by being the first broker to let investors trade with a $10 minimum deposit and $1 contracts. That’s one reason why IQOption became popular back then. However, they’ve worked hard to attract and retain their customers too. For instance, they’ve introduced new and exciting features on their platform while keeping old and loved features intact. Read full review.

Placing an order is seamless on the IQ Option platform, as all the trading tools in the respective assets (Forex or CFD) you choose are available in one place, and you click on it to set the trade amount, multiplier, take profit and stop loss for either a buy or sell order.

Forex Broker Expert is at your service

In-depth Forex Broker Reviews ONLY available at ForexBrokerExpert.com.

Here at Forex Broker Expert, we’re dedicated to helping you get started trading online and have your own forex account. Most importantly, we want to help you make a success of it. Since starting up in 2010, we’ve connected hundreds of thousands of readers to the right forex trading platform for their needs.
We do this through conducting our own research. We’re constantly testing (and re-testing) the most popular forex brokers on the market to give you completely impartial advice about every single broker we feature on our site. We even get people just like you to give them a go and give us their feedback.
Our aim is to provide you with the very best information so you can make an informed decision about which forex broker is best for you – and feel happy with your choice!

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