Top Forex Brokers List

How to find the top forex brokers

If you are looking for a forex broker for trading, here I will explain how to choose a suitable and trusted forex broker for your success in the forex market. Also, a top forex brokers list is prepared at the end of the article.

1. Regulation is Important

In the forex market, you can’t say all brokers have licenses and regulations therefore you should find a regulated broker to get assurance in the future. You can see below some of the regulatory organizations according to the country.

Australia

ASIC- Australian Securities and Investment Commission

United Kingdom

FSA UK- UK Financial Services Authority
PRA- The Prudential Regulation Authority
FCA- The Financial Conduct Authority
FSCS- Financial Services Compensation Fund

United States

CFTC- Commodities and Futures Trading Commission
FINRA- Financial Industry Regulatory Authority
NFA-National Futures Association
U.S. SEC- US Securities and Exchanges Commission
CBOT- Chicago Board of Trade
SIPC-Securities Investor Protection Corporation

2. Trading platform and tools

Secondly, check the available platform and tools that your broker provides and its features. Also, the availability of currency pairs and products that you are going to trade in their platforms. Also, the Compatibility of these tools with the web browser, operating system, mobile phone or any other device is very important. Meanwhile, the top forex brokers have a desktop, web-based, and mobile platforms to manage your accounts and trades because it is very important for the future.

3. Which currencies and products you can trade?

Many brokers provide a lot of currency pairs and products on their platforms to trade but check whether the broker has all currency pairs and products that you are going to trade.

4. Consider about trading fees and conditions

Many brokers charge fees through commissions and spread. Therefore finding top forex brokers that charge lower fees is very important to get more profit. So, take care of hidden fees such as withdrawal fees.

5. Deposit and withdrawal options

Find out the deposit and withdrawal options that brokers support and check whether you can deal with them. Similarly, look at how fast you can handle these transactions.

6. Order executions

When buying or selling trades if delay a few seconds, it can cost you a lot. Therefore finding a broker with instant executions is very important when you are trading.

7. Forex Education

Learning is the better way to success so when choosing top forex brokers, find out they have provided any educational tools to traders. In present many brokers have these features.

8. Customer Service

You better find a broker that you can get answered as soon as possible if you have any questions about your deposit, withdrawal, trading, etc. Many brokers have a 24/7 customer support service.

In conclusion, finding the best forex broker is not an easy task therefore firstly research the above things before register with a broker.

Top Rated Forex Brokers List

Regulation	Min. Deposit	Max. Leverage	Trading Platforms	Visit Site
ASIC, FCA	$50	1:200	MT4, Trading Station	Click Here
FCA, ASIC, MAS, JFSA, DIFC, CFTC, FINMA	GBP 250	1:30	MT4, IG Proprietary	Click Here
FCA, ASIC	$200	1:500	MT4, MT5, cTrader	Click Here
FCA, MAS, ASIC, CFTC, NFA, IIROC	N/A	50:1	MT4, fxTrade	Click Here
ASIC, FCA, IIROC, CFTC	$50	1:200	MT4, FOREX.com Platforms	Click Here
FINMA	$1000	1:200	MT4, JForex	Click Here
ASIC	$200	1:500	MT4, MT5, cTrader	Click Here
CySEC	$100	1:300	Markets.com Web, Markets.com Mobile	Click Here
CySEC,FCA, ASIC	$5	1:500	MT4, MT5, XM WebTrader	Click Here
CySEC, FCA, ASIC	$200	1:30	eToro Platform	Click Here
FCA	GBP100	1:400	MT4 ,Advantage Web, AT Pro, Mobile Trading Apps	Click Here
FCA, IFSC, KNF, CNMV	$250	1:200	MT4, xStation5	Click Here
FCA, CySEC, ASIC, MAS	$100	1:30	Plus500 Platform	Click Here
FCA, CySEC, DFSA	$50	1:500	MT4, MT5	Click Here
FCA, FSA, CySEC	$25	1:500	MT4	Click Here