Well, apparently you’re looking for the best forex broker in the world, right?
Our Top 10 of the best forex brokers it’s right for you then.
Over time we have created several lists and comparisons on the best forex brokers in every category (find them at the bottom of this post).
But here we have gathered the very best of the best, the biggest trusted forex brokers in the world, with peaks of excellence in the quality of services.
This order is not necessarily a ranking, we’re talking about the most popular top forex brokers, the biggest, most regulated, legitimate and reliable international forex brokerage firms and companies for day trading, the quality is very high in all cases, and it is therefore very difficult to find a real ranking.
There are all brokers with very low minimum deposit or even with no minimum deposit at all.
Most of them also offer access to other instruments, like the stock market or cryptocurrency market, either via CFD or even by purchasing the real asset.
Anyway, here is our list of the top 10 forex brokers renowned all over the world, which is also basically a top 10 of the best forex trading platforms for day trading, with a short review too.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money
Table of contents
Top 10 list of the best Forex brokers in the world and Review
Here is our top 10 best FX brokers review 2020:
Forex Brokers Types and Categories
As a forex trader, you want to be assured of dealing with the very best leading and trusted forex broker in each and every category. That is why our list of the best foreign exchange brokers is not just limited to one area.
We understand that your needs as a forex trader are unique, and subject to change. That is why we have identified a number of niche categories and focused on bringing you the top currency brokerages from each of those areas.
Here is a listing of the different forex broker categories we have compiled, together with some information to help you find the best forex brokers 2020 from these categories.
– USA NFA CFTC SEC regulated
When you are searching for the best forex broker in 2020 or any other year, one of the most challenging areas in USA. Finding the best USA forex brokers is not easy. This is because of more stringent regulations set out by regulators like the SEC.
This is changing though. Major forex brokers in 2020 are starting to break into the US forex broker market in a big way. Our expert team is also there to help you. We have recently collected a listing and review on top 5 of the best US forex brokers for 2020. This should be really helpful in your search
– UK FCA regulated
If you are based in the UK or Europe, you will want to select the safest and most transparent forex broker possible. The best UK forex brokers are often regulated by the FCA in the UK.
Choosing a top forex broker in the UK often means checking the licensing to confirm that they are FCA regulated. This can be a time consuming task. This is time you could spend profiting with the best UK Forex brokers.
For that reason, our review team have saved you the time and difficulty. We have searched the industry, and created a list of the top 10 best UK regulated forex brokers 2020.
– Canada IIROC regulated
Similar to the challenges you face when choosing a top US forex broker, Canada also imposes some strict regulatory requirements on major forex brokers. Finding the best forex broker in Canada for 2020 is not a simple task. It is getting easier though.
As regulation becomes more open, an increasing number of top forex brokers in Canada are opening their doors to help make you money when trading forex.
How do you find the best forex brokers Canada has to offer?
You simply follow our expert teams guide. This starts with the top 10 of the best forex broker in Canada for 2020.
– Australia ASIC regulated
The land down under is an awesome place to trade forex. This is why many are on the look out for the top Australian forex broker. 2020 was a huge growth year for forex trading in Australia. Top forex brokers continue to expand their features and trader support.
ASIC regulation is among the most respected in the world. This makes the top Australian forex brokers some of the best in the world.
If you are looking for a trustworthy broker, with the best customer support, and operating in the most transparent way, then you definitely need to check out our top 10 forex brokers Australia post. This should help you find the best Australian broker possible.
– EU CySEC regulated
Are you searching for the safest and secure forex broker of 2020?
If you are, then they are most likely regulated by CySEC. This represents the pinnacle of regulatory authority in the world of top forex brokers. The top CySEC regulated forex brokers are among the largest brokers in the world.
These CySEC regulated brokers have gathered millions of traders thanks to their transparency of operation alone. In short, if you are searching for the top EU CySEC regulated forex brokers in 2020, our professional team can undoubtedly help you.
– NO ESMA
ESMA (European Securities and Markets Authority) has really changed how top forex brokers in Europe operate. These rules came into effect from August 2018. The biggest change for many traders was the limitation on leverage.
With an ESMA broker you can only access leverage of 1:30 along with other restrictions. If you want to find a top No ESMA forex broker though, we can help.
We have compiled a list of the very best no ESMA brokers. Our top 10 best forex brokers no ESMA should be your first stopping point. This will help you find the best forex broker in 2020 which can skirt around the ESMA regulation and provide access to higher leverage.
– High Leverage
High leverage can be your ticket to making big money in forex trading if managed properly. This is not always so simple though. Many top CySEC regulated forex brokers in 2020 are now subject to ESMA. This means they have to restrict leverage.
There is another way though. If you are still looking for the best forex brokers with high leverage, you can follow our simple guide to the top 10 best high leverage brokers. This should give you access to the best forex broker with the highest leverage you need to maximize your benefit from trading forex.
– Low Spread
Finding the best low spread forex brokers is key to your trading success. Spreads and other fees can vary greatly between brokers. Naturally, the lower the spread, the more profit you can potentially make.
We recognize that this is not always easy. Sometimes you register with a forex broker and you forget to check the spreads. Then you feel like you should stay with this broker.
We are here with our expert team to help you find the best forex brokers with a low spread possible. This is why we have collected all the data and compiled our top 10 best lowest spread forex brokers. Check it out if you want to start reducing you spread and getting the best deals now.
– ECN – STP – NDD
ECN/STP brokers are among the top forex brokers which every experienced trader wants to access.
Why do you need a top no dealing desk broker?
Without getting weighed down by technical terms, the answer is simple. An ECN, STP, NDD broker will not act as a counterpart to your trade. This means the top NDD brokers work only with your best interest at heart. They have nothing to benefit from you losing a trade.
So, the best way you can find a true ECN/STP/NDD broker is through us. Our professional review team has completed a top 10 best ECN STP forex brokers list. This is just for you, so you can benefit from lower spreads and the best possible trades from top ECN/STP brokers.
What is a DMA broker? How does choosing a top DMA forex broker in 2020 benefit me?
These are both questions which many traders have. A DMA (Direct Market Access) broker aims to provide just that. Direct access to the best prices around. They often do this by making deals with liquidity providers to provide their traders with the best prices.
The best prices from your top DMA forex broker means, more potential profits. This is a key reason why you should check out our listing on the top 7 best DMA forex brokers.
This will help you make the best choice and increase your potential of making more money overall.
– Market Maker
We have already mentioned our top NDD brokers of 2020. That does not mean that all market maker execution style brokers are bad. In fact, there are many top market maker forex brokers at work in the industry.
These top market maker brokers can provide you with excellent spreads, fantastic incentives, and an amazing educational infrastructure. This can really help you get started as a forex trader. It is very important that you choose your top forex broker carefully though.
That is exactly why we have put together our top 10 best forex market maker brokers list. This is the very best place you can start to search for the best forex market maker broker which fits your style.
– MT4 – MT5
MT4 and MT5 are among the best and most respected trading platforms in the industry. This is why the majority of top forex broker in 2020 make MT4 and MT5 available to traders.
These platforms give you the best chance to be successful and learn how to be a top forex trader at the same time. Most major forex brokers want you to be successful.
Identifying the best MT4 and MT5 forex brokers is not easy though. With so many options available for top forex brokers in 2020, our expert team has stepped in to help.
They have completed the best MT4 forex brokers list for those who want to choose the best MT4 forex broker.
Also available for those who prefer MT5 is the top 10 best MT5 forex brokers. Both will help you reach your goal of being a successful Metatrader forex professional in 2020.
– cTrader Platforms
cTrader is another top forex trading platform. It is instantly recognizable and provides a lot of the same amazing features and options as you will find with a top MT4 forex broker.
cTrader has been popular with many top forex brokers for years. It is now becoming more and more popular with all traders. Therefore, if you are looking for the best cTrader forex broker, you would be wide to check a list which our experts have completed.
This list features is the top 10 best cTrader forex brokers list. Here you will be able to find only the top cTrader forex brokers for 2020.
– For Beginners
Are you new to the forex trading industry and looking for the best forex broker for beginners?
If the answer is yes, then do not fear. It is time to embrace the industry and become a top forex trader. Our team of professionals is here to help you.
They have taken the first step by creating a detailed review of the best forex brokers & online trading sites for beginners.
This should not only help you find a top forex broker for beginners, but also to increase your education and knowledge about the industry, and how to find a top forex broker in 2020.
– For Scalping
Are you a forex scalper or interested in forex scalping?
If you are, then you will need to find the best forex broker for scalping. Scalping is a technique which allows you to profit from the smallest and most subtle movements in the market.
No all top forex brokers allow scalping. Therefore, we sent our professional team on a mission to help you find the very best forex brokers for scalping in 2020. They returned from a successful mission and completed a list of the top 10 best scalping forex brokers.
This list should be perfect in helping you find a top forex broker for scalping.
Forex Brokers Reviews
Our expert team is busy creating more than just lists of the top forex brokers. Of course, these should be your very first stop when you are searching for the best forex brokers of 2020 in any category, but once you have selected your broker, we also have more useful content.
Our range of individual forex broker reviews is extensive. These reviews go in-depth beyond anything else you will find in the industry. They examine every aspect of each top forex broker in 2020.
The aim of this is very simple. We want you to have the very best forex broker in 2020 and every other year beyond. In order to help achieve that, we are willing to dedicate all of our professional resources to your forex success.