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
FOREX.com Fined $700,000 After Clawing Back $2.84 Million From Customers Following Its Own Platform Glitch
FOREX.com was fined $700,000 by the NFA after it responded to a trading-platform malfunction by clawing back $2.84 million from customers who had come out ahead — while returning just $35,000 to those who had lost.
Forex CT Hit With $20 Million Penalty for Running Its Trading Floor Like a Casino at Clients' Expense
Forex CT, an Australian retail forex and CFD broker, was ordered by the Federal Court to pay a $20 million penalty for a system of unconscionable conduct that pressured vulnerable clients into depositing money many could not afford to lose. Its sole director was fined $400,000 and banned for eight years.
OANDA Fined $500,000 by the CFTC for Falling Below Required Capital While Paying Itself Dividends
OANDA, one of the best-known names in retail forex, was fined $500,000 by the CFTC after repeatedly falling below the minimum net capital it was required to hold — and paying itself three dividends while that restriction was in force.
eToro Pays $1.5 Million to Settle SEC Charges of Running an Unregistered Crypto Securities Broker
eToro, one of the world's most recognisable retail trading brands, has agreed to pay $1.5 million to settle SEC charges that it operated an unregistered broker and clearing agency for crypto assets sold as securities — and will strip its US crypto menu back to just three tokens.