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Brokers Covered On BestForex.io

Saxo Bank logo
Capital.com logo
IG logo
XM logo
FXCM logo
eToro logo
AvaTrade logo
CMC Markets logo
Plus500 logo
Pepperstone logo
Featured Partners

Top-Rated Forex Brokers

Handpicked brokers that excel in trading conditions, regulation, and customer service.

Featured Broker
Saxo Bank logo
5.0Outstanding

Award-winning Danish investment bank offering 70,000+ instruments across forex, stocks, bonds, ETFs, options, and futures.

Bank LicenseListed CompanyPremium Pricing
Danish FSA
From Variable
Featured Broker
Capital.com logo
5.0Outstanding

FCA and CySEC regulated AI-powered trading platform with 3,000+ instruments, commission-free trading, and an innovative educational approach since 2016.

FCA RegulatedAI-PoweredCommission-Free
FCA (UK)
From 0.2 pips
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Best Forex Brokers

Our expert rankings based on rigorous testing and analysis

Sponsored
1
Saxo Bank logo
5.0
Outstanding

Award-winning Danish investment bank offering 70,000+ instruments across forex, stocks, bonds, ETFs, options, and futures.

Bank LicenseListed CompanyPremium Pricing

Min Deposit

$0

Spreads

Variable

Regulation

Danish

Sponsored
2
Capital.com logo
5.0
Outstanding

FCA and CySEC regulated AI-powered trading platform with 3,000+ instruments, commission-free trading, and an innovative educational approach since 2016.

FCA RegulatedAI-PoweredCommission-Free

Min Deposit

$20

Spreads

0.2 pips

Regulation

FCA

3
Forex.com logo
3.9
Very Good

NFA/CFTC regulated US broker and one of the only forex brokers accepting American clients, offering 80+ pairs, CFDs, and professional platforms since 1999.

NFA/CFTC RegulatedUS Clients AcceptedFounded 1999

Min Deposit

$100

Spreads

0.2 pips

Regulation

NFA

4
Fusion Markets logo
3.9
Very Good

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.

ASIC RegulatedLowest CommissionsECN Broker

Min Deposit

$0

Spreads

0.0 pips

Regulation

ASIC

5
Swissquote logo
3.9
Good

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.

Swiss Bank LicenseFINMA RegulatedCHF 100K Protection

Min Deposit

1000 CHF

Spreads

1.1 pips

Regulation

FINMA

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Featured Promotions

Featured Forex Broker Offers

Exclusive bonuses and promotions from top brokers, promoted to high-intent traders

XM logo

XM

no-deposit

$30 No Deposit Bonus

Start trading with $30 free credit. No deposit required. Available to new clients only.

New clients only. Profits withdrawable after trading requirements met. T&Cs apply.

XM logo

XM

deposit

50% + 20% Deposit Bonus

Get 50% bonus on your first $500 deposit plus 20% on the next $4,500.

Up to $5,000

Bonus not withdrawable. Volume requirements apply. T&Cs apply.

Exclusive Offer
Capital.com logo

Capital.com

other

Commission-Free CFD Trading

Trade 3,000+ instruments with zero commission and spreads from 0.2 pips. Start from just $20 with AI-powered trading insights.

$20 min deposit

Spreads apply. CFDs are complex instruments and carry risk of losing money rapidly. T&Cs apply.

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Latest Forex News & Analysis

Stay informed with expert market insights and trading guides

CySEC compliance officer at a computer reviewing late transaction reports, Forex24 trading dashboard visible on a second screen, a stack of overdue regulatory filings on the desk — CySEC repeatedly flags Forex24 over missed regulatory reports. BestForex.io Broker Watch.
news6 min read

CySEC Keeps Flagging Forex24 Over Regulatory Reports It Cannot File on Time or Correctly

The Cyprus regulator has repeatedly penalised Forex24, a licensed foreign exchange and CFD broker, over its inability to file the regulatory reports every Cyprus investment firm is required to submit. The individual fines are small. The pattern behind them is the part worth reading.

CySEC administrative fine of 360,000 euro on compliance documents for MCA Intelifunds, FXORO brand visible on screen, investment law breach report from 2022 inspection — FXORO operator fined 360,000 euro by CySEC. BestForex.io Broker Watch.
news7 min read

FXORO Operator MCA Intelifunds Fined 360,000 Euro by CySEC Over Broad Breaches of Investment Law

CySEC fined MCA Intelifunds, the operator of forex broker FXORO, 360,000 euro over breaches of Cyprus investment law found in a 2022 inspection. The machinery that turns the law into practice was missing.

Belgium settles with AvaTrade over unapproved offers and marketing — BestForex.io Broker Watch cover image
news7 min read

AvaTrade Reaches an Agreed Settlement With Belgium Over Offering Products Without a Prospectus

Belgium's FSMA reached an agreed settlement with AvaTrade's European arm over offering investment products without the required prospectus and unapproved marketing.

NAGA Markets pays 150,000 euro settlement to CySEC — BestForex.io Broker Watch cover image
news7 min read

NAGA Markets Pays a 150,000 Euro Settlement to CySEC Over a Broad Sweep of Investor Protection Breaches

CySEC reached a 150,000 euro settlement with NAGA Markets Europe over breaches spanning authorisation, suitability, best execution and product intervention rules.

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