The Best Brokers in the World 2021
Here are the brokers of our choice for the “Best Brokers in the World 2021” Award. These 3 brokers are the best choice for all traders.
#1 Best Broker in the World
We’ve chosen Pepperstone as best broker in the world for its great overall offering, which comprehends extremely low spreads, an efficient orders execution, and a generous rebate program for the most advanced traders.
#2 Best Broker in the World
The 2nd place goes to eToro, the well-known Social copy-trading broker that never stops renovating its services. In 2021 it confirmed its trend by expanding its reach and adding new assets for its top-notch copy trading platform.
#3 Best Broker in the World
Finally, the 3rd place is for IG Markets. The CFD Veteran, active since 1974, couldn’t be left behind: with over 17.000 tradable assets, solid regulatory features, and diverse services, it’s absolutely one of the best brokers in the world.
Best Brokers for Trading Platform
There are many online trading platforms out there, and even more brokers offering them to their customers. Choosing a broker based on this aspect can be a difficult task, but we are here to make your life easier. Here are the best brokers for each trading platform.
Best Mobile Trading Platform
Not many traders actively trade on-the-go, and that’s why it’s not easy to find a good mobile trading platform. AvaTrade however keeps swimming against the tide: for the broker, providing a good mobile app is vital.
Best MetaTrader Broker
Dozens of brokers offer MetaTrader as trading platform, so it’s not easy to choose one. However, FxPro provides both MT4 and MT5 to its traders, and offers one of the most efficient order executions in the whole trading industry.
Best cTrader Broker
The main goal of the cTrader platform is to secure a solid order execution. Pepperstone is the best at doing this, and we can safely consider it as the best broker to exploit the full cTrader potential.
Best Proprietary Platform
Many third-party platforms are not visually appealing, and are purely focused on the trading aspect. The broker XTB though, with its proprietary xStation5 Platform, did a wonderful job. Seeing is believing.
Best Brokers for Trading Features
What makes a broker "the best for trading"? Well, the answer is "it depends on what you're looking for". That's why we've set-up this category.
Best Fixed Spread Broker
The choice here was quite simple: AvaTrade is the main CFD broker offering fixed spreads only. Their fixed spreads from 0,9 pips (0,6 for professional traders), are even lower than the floating spreads offered by other brokers.
Best Low Spread Broker
Fusion Markets is new broker in the industry, though this didn’t stop them in becoming the best Low Spread Broker for 2021. Their low spreads, as well as their overall trading and secondary costs, make Fusion Markets a great choice for those looking for a broker that keeps costs low.
Best Scalping Broker
What makes Pepperstone the Best Scalping Broker? Well, extremely low spreads (0,09 on EUR/USD on average), efficient order execution, it allows algo-trading, there are no requotes, and offers a rebates program for professional traders.
Best Broker for Automated Trading
Axi offers an innovative algo trading software along the standard one on MT4, and that is the PsyQuation platform. That is an AI-Driven analytics platform that gives insights to improve and test trading strategies on MetaTrader.
Best Broker for Beginners
Oanda offers everything that a beginners needs to have: a low entry price in both minimum deposit and order execution, as well as an unlimited demo account where you can practice a variety of trading techniques as long as you need to.
Best Copy Trading Broker
When you try to think about a Copy Trading broker, eToro is the one that pops in your mind first. And there’s a reason for that: year after year, it confirms to be the best Copy Trading broker around for both copiers and traders who are copied, thanks to its wide variety of services and offering related to it.
Best Brokers for World Areas
Whether you’re from the US, Canada, Europe, or Singapore, don’t worry: Here you will find the best broker for each geographic area.
Best Broker in Africa
The Best Broker in Africa award goes to FXTM, which reconfirm itself as the best broker in the African Continent thanks to the large number of services available to local traders, which include a large number of local deposit methods.
Best Broker in the Middle East
HotForex is undoubtedly the Best Broker in the Middle East for its excellent trading services offered in the area, which include excellent swap free features compatible with a wide range of trading accounts.
Best Broker in South East Asia
OctaFX deserves our Best Broker in Southeast Asia Award for the large number of local services provided to traders residing in this world area.
Best Broker in Asia
In order to choose the Best Broker in Asia, we’ve taken into account both the general availability throughout the Asian area, as well as the services offered within the continent. The award for the best Asian broker goes to HYCM.
Best Broker in North America
The Best Broker Award for North America was awarded to Forex.com, not only for being available in both the US and Canada, but also for its service that outperforms the competition in both costs and efficiency.
Best Broker in Latin America
XTB, in addition to offering an excellent forex and CFD service, has worked and is still working hard to provide LatAm customers with the best extra-trading support. To date, among other features, this includes zero withdrawal costs for transfers in Chilean Pesos.
Best Broker in Europe
Europe is one of the main hubs for online trading, and the competition is very high. IG Markets though, has distinguished itself as the best CFD and Forex broker in Europe also thanks to its commitment to providing unique services in the ESMA area.
Best Broker in Australia
Australia is another great hub for forex trading. Today we consider Pepperstone to be the best Broker in Australia thanks to its versatility which makes it an excellent intermediary for every trader,
Best Broker in the UK
The UK has a florid online trading market and is home to many quality brokers. IG Markets thanks to its experience and efforts has stood out from the competition. To date, we can safely consider it as the best UK broker.
Best Brokers for Account Types
Demo, ECN, MAM/PAMM... a lot of account types offered by a lot of brokers. But what are the best ones for each category? Here they are.
Best Islamic Account
Many brokers offer a Rollover free account, but they end-up hiding the swap fees behind wider spreads and additional costs. XM does not, and that’s why we consider it the best Swap Free Broker.
Best Demo Account
Demo accounts are very important for beginners, and Plus500 does a wonderful job at this: the account can be opened with ease and it’s unlimited.
Best Small Budget Trading Account
Whether you’re a beginner, or a professional trader willing to try new trading techniques, Oanda is the best choice: the broker does not have minimum deposit requirements, and allows you to open trades as small as 1 unit of the currency you’re using.
Best Professional Account
The high minimum deposit suggests that Saxo Bank is not the typical brokerage for retail traders. With this Danish brokerage you will be trading in the most professional and efficient environment with premium services, and Compensation Schemes up to $100’000.
Best MAM/PAMM Account
IC Markets offers a great service for fund managers: in fact you will be managing funds with the most flexible allocation methods available today, paired with extremely low spreads from 0 pips.
Best Brokers for Special Features
The brokers' primary role is to give traders a good trading experience. But why stopping there? If the broker offers a good trading experience already, then each additional service is going to be a plus for every customer. Here are the best ones.
Best Educational Section
Free webinars in many languages, video tutorials, live lessons, podcasts, and much more. We can safely say that XM the king when it comes to provide free and quality educational content to its customers.
Best Social Trading Broker
The best social trading broker spot is for eToro, the pioneer of this innovative way of trading and interacting with other investors. Their social trading platform is the best one around since years now, and this didn’t change for 2021. eToro is still the best social trading broker in the world.
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