Best Forex Brokers Ghana 2023
Written by Steven Hatzakis
Edited by John Bringans
Fact-checked by Joey Shadeck
Ghana, home to one of the largest populations on the African continent, is actually located at the center of the Earth. Well, we don’t mean inside the earth, like in a Jules Verne novel. What we mean to say, is that of all the countries in the world, Ghana resides closest to the intersection of 0 degrees longitude and 0 degrees latitude (though the actual 0°N 0°E point is located in the Atlantic ocean, in the Gulf of Guinea).
More practically speaking, Ghana is located in Western Africa along the Gulf of Guinea. Ghana’s capital city is Accra, which is home to Ghana’s primary stock market, the Ghana Stock Exchange.
Here at BrokerNotes, we conducted extensive research and data collection on forex brokers, local regulatory agencies and stock exchanges, and Ghanian monetary policy to create this guide to help you pick the best forex broker for trading in Ghana.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Choosing a forex broker in Ghana
Whether you are an active trader with deep forex experience, or a beginner who is just getting their start in the forex world, choosing a well-regulated forex broker is crucial if you want to steer clear of forex scams. Not all regulatory licenses carry the same weight, however, and regulatory environments can vary widely from country to country.
Our Trust Score, a proprietary algorithm, ranks regulatory agencies and their respective countries into three groups, with Tier 1 indicating the most stringent (which is good) and Tier 3 the least. We collect comprehensive data on each broker, which results in a ranking from 1 to 99 of the broker’s overall trust (the higher a broker’s Trust Score, the better). Learn more about Trust Score at our sister site, ForexBrokers.com.
Regulation of the Ghana Stock Exchange exists in the form of the Securities and Exchange Commission (SEC) in Ghana, which is responsible for monitoring and safeguarding the securities trading markets.
The Bank of Ghana acts as the primary financial regulator in Ghana and is responsible for overseeing forex and contract for difference (CFD) trading activities and financial institutions, (including broker dealers). The Bank of Ghana regulates the banking and credit sectors and is responsible for overseeing the stability of the overall financial system. It is also mandated to ensure the safety of depositors’ funds, oversee adherence to regulatory requirements, and promote fair competition among banks while assuring their solvency, liquidity, and assets.
Best brokers for trading in Ghana
To help you find the best forex brokers, we curated a list of every broker that accepts new clients from Ghana. We conducted meticulous research on those brokers, using over 100 data-driven variables (including our proprietary Trust Score), resulting in this list of the overall best brokers in Ghana:
-
IG
- 9.9/10 Overall
- AvaTrade - 8.6/10 Overall
-
FXCM
- 8.5/10 Overall
- XM Group - 8.4/10 Overall
- Pepperstone - 8.4/10 Overall
- Admiral Markets - 8.3/10 Overall
- IC Markets - 8.2/10 Overall
- Tickmill - 8.0/10 Overall
- HFM - 7.8/10 Overall
- Eightcap - 7.6/10 Overall
- ThinkMarkets - 7.4/10 Overall
- easyMarkets - 7.3/10 Overall
- Axi - 7.1/10 Overall
- FXPrimus - 6.9/10 Overall
- Libertex (Forex Club) - 6.7/10 Overall
Overall Rating
Minimum Deposit
Trust Score
| Average Spread EUR/USD - Standard | 0.86 |
| All-in Cost EUR/USD - Active | 0.5957 |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | No |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 1974 |
| Publicly Traded (Listed) | Yes |
| Bank | Yes |
| Tier-1 Licenses | 7 |
| Tier-2 Licenses | 2 |
| Forex Trading (Spot or CFDs) | Yes |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 19537 |
| Forex Pairs (Total) | 100 |
| Bitcoin | Yes |
| Virtual Trading (Demo) | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | No |
| Proprietary Platform | Yes |
| Social Trading / Copy Trading | Yes |
| Charting - Indicators / Studies (Total) | 33 |
| Android App | |
| Apple iOS App | Yes |
| Education (Forex or CFDs) | Yes |
| Daily Market Commentary | Yes |
| Forex News (Top-Tier Sources) | Yes |
| Economic Calendar | Yes |
Overall Rating
Minimum Deposit
Trust Score
| Average Spread EUR/USD - Standard | 0.92 |
| All-in Cost EUR/USD - Active | 0.61 |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | Yes |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 2006 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 4 |
| Tier-2 Licenses | 4 |
| Forex Trading (Spot or CFDs) | Yes |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 1260 |
| Forex Pairs (Total) | 55 |
| Bitcoin | Yes |
| Virtual Trading (Demo) | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| Proprietary Platform | Yes |
| Social Trading / Copy Trading | Yes |
| Charting - Indicators / Studies (Total) | 80 |
| Android App | |
| Apple iOS App | Yes |
| Education (Forex or CFDs) | Yes |
| Daily Market Commentary | Yes |
| Forex News (Top-Tier Sources) | Yes |
| Economic Calendar | Yes |
Overall Rating
Minimum Deposit
Trust Score
| Average Spread EUR/USD - Standard | 1.38 |
| All-in Cost EUR/USD - Active | 1.38 |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | Yes |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 1999 |
| Publicly Traded (Listed) | Yes |
| Bank | No |
| Tier-1 Licenses | 3 |
| Tier-2 Licenses | 3 |
| Forex Trading (Spot or CFDs) | Yes |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 440 |
| Forex Pairs (Total) | 41 |
| Bitcoin | Yes |
| Virtual Trading (Demo) | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | No |
| Proprietary Platform | Yes |
| Social Trading / Copy Trading | Yes |
| Charting - Indicators / Studies (Total) | 59 |
| Android App | |
| Apple iOS App | Yes |
| Education (Forex or CFDs) | Yes |
| Daily Market Commentary | Yes |
| Forex News (Top-Tier Sources) | Yes |
| Economic Calendar | Yes |
Overall Rating
Minimum Deposit
Trust Score
| Average Spread EUR/USD - Standard | 1.6 |
| All-in Cost EUR/USD - Active | 0.8 |
| PayPal (Deposit/Withdraw) | No |
| Skrill (Deposit/Withdraw) | Yes |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 2009 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 2 |
| Tier-2 Licenses | 1 |
| Forex Trading (Spot or CFDs) | Yes |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 1429 |
| Forex Pairs (Total) | 55 |
| Bitcoin | Yes |
| Virtual Trading (Demo) | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| Proprietary Platform | No |
| Social Trading / Copy Trading | Yes |
| Charting - Indicators / Studies (Total) | 30 |
| Android App | |
| Apple iOS App | Yes |
| Education (Forex or CFDs) | Yes |
| Daily Market Commentary | Yes |
| Forex News (Top-Tier Sources) | Yes |
| Economic Calendar | Yes |
Overall Rating
Minimum Deposit
Trust Score
| Average Spread EUR/USD - Standard | 0.77 |
| All-in Cost EUR/USD - Active | 0.87 |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | Yes |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 2010 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 2 |
| Tier-2 Licenses | 2 |
| Forex Trading (Spot or CFDs) | Yes |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 2342 |
| Forex Pairs (Total) | 62 |
| Bitcoin | Yes |
| Virtual Trading (Demo) | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| Proprietary Platform | No |
| Social Trading / Copy Trading | Yes |
| Charting - Indicators / Studies (Total) | 15 |
| Android App | |
| Apple iOS App | Yes |
| Education (Forex or CFDs) | Yes |
| Daily Market Commentary | Yes |
| Forex News (Top-Tier Sources) | Yes |
| Economic Calendar | Yes |
Overall Rating
Minimum Deposit
Trust Score
| Average Spread EUR/USD - Standard | 0.8 |
| All-in Cost EUR/USD - Active | 0.7 |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | Yes |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 2001 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 3 |
| Tier-2 Licenses | 2 |
| Forex Trading (Spot or CFDs) | Yes |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 6942 |
| Forex Pairs (Total) | 80 |
| Bitcoin | Yes |
| Virtual Trading (Demo) | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| Proprietary Platform | Yes |
| Social Trading / Copy Trading | Yes |
| Charting - Indicators / Studies (Total) | 30 |
| Android App | |
| Apple iOS App | Yes |
| Education (Forex or CFDs) | Yes |
| Daily Market Commentary | Yes |
| Forex News (Top-Tier Sources) | Yes |
| Economic Calendar | Yes |
Overall Rating
Minimum Deposit
Trust Score
| Average Spread EUR/USD - Standard | 0.62 |
| All-in Cost EUR/USD - Active | 0.62 |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | Yes |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 2007 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 1 |
| Tier-2 Licenses | 1 |
| Forex Trading (Spot or CFDs) | Yes |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 3583 |
| Forex Pairs (Total) | 61 |
| Bitcoin | Yes |
| Virtual Trading (Demo) | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| Proprietary Platform | No |
| Social Trading / Copy Trading | Yes |
| Charting - Indicators / Studies (Total) | 30 |
| Android App | |
| Apple iOS App | Yes |
| Education (Forex or CFDs) | Yes |
| Daily Market Commentary | Yes |
| Forex News (Top-Tier Sources) | Yes |
| Economic Calendar | Yes |
Overall Rating
Minimum Deposit
Trust Score
| Average Spread EUR/USD - Standard | 0.51 |
| All-in Cost EUR/USD - Active | 0.31 |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | Yes |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 2014 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 1 |
| Tier-2 Licenses | 3 |
| Forex Trading (Spot or CFDs) | Yes |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 725 |
| Forex Pairs (Total) | 63 |
| Bitcoin | Yes |
| Virtual Trading (Demo) | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| Proprietary Platform | No |
| Social Trading / Copy Trading | Yes |
| Charting - Indicators / Studies (Total) | 30 |
| Android App | |
| Apple iOS App | Yes |
| Education (Forex or CFDs) | Yes |
| Daily Market Commentary | Yes |
| Forex News (Top-Tier Sources) | Yes |
| Economic Calendar | Yes |
Overall Rating
Minimum Deposit
Trust Score
| Average Spread EUR/USD - Standard | 1.2 |
| All-in Cost EUR/USD - Active | 0.9 |
| PayPal (Deposit/Withdraw) | No |
| Skrill (Deposit/Withdraw) | Yes |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 2010 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 1 |
| Tier-2 Licenses | 3 |
| Forex Trading (Spot or CFDs) | Yes |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 3500 |
| Forex Pairs (Total) | 47 |
| Bitcoin | Yes |
| Virtual Trading (Demo) | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| Proprietary Platform | Yes |
| Social Trading / Copy Trading | Yes |
| Charting - Indicators / Studies (Total) | 15 |
| Android App | |
| Apple iOS App | Yes |
| Education (Forex or CFDs) | Yes |
| Daily Market Commentary | Yes |
| Forex News (Top-Tier Sources) | Yes |
| Economic Calendar | Yes |
Ghana’s financial markets
The primary stock market in Ghana is the Ghana Stock Exchange (GSE), based in Accra. Recognized in Ghana as an authorized Stock Exchange in 1990, and officially launched in 1991, the exchange is a member of the African Securities Exchanges Association (ASEA). As of 1994, the GSE is a public company limited by guarantee.
The financial markets in the Republic of Ghana include are relatively small, consisting of a bond, equity, forex, and derivatives market.
Is forex trading legal in Ghana?
The Foreign Exchange Act of 2006 (Act 723) allows local and foreign investors the ability to participate in various investment schemes using local and foreign currency when investing in the capital markets and local stock exchange in Ghana.
That said, the regulations in Ghana, including the Securities Industry Act of 2016 (Act 723), appear to pertain more to the use of physical currencies, rather than trading forex for speculative reasons (such as when using a derivative, CFD, or spot contract).
The SEC in Ghana regulates broker dealers and financial institutions. While there are a number of brokers that are regulated in other countries that accept Ghanaian residents, it is currently unclear whether the SEC has any objections when residents use a broker that is not regulated locally.
Do forex traders pay tax in Ghana?
Residents of Ghana are obligated to pay taxes in Ghana, while non-residents are obligated to pay taxes in their country of residence. It is always best to consult with your accountant for tax issues related to your unique circumstances and your country of residence.
How can I trade Forex in Ghana?
These practical steps for getting started with forex trading in Ghana are applicable regardless of your experience level, or your forex trading goals. This is not intended to be an exhaustive list of forex first steps, but should be just enough to help get you started.
- The first step when opening a live forex trading account is choosing a broker that accepts residents of Ghana. Be sure to read your broker’s full terms and conditions, which will ultimately govern the relationship you have with your broker. We always recommend choosing a highly regulated, well-trusted broker, but you should always read the fine print of your account agreement, no matter which broker you choose.
- Next, you’ll want to ensure that your broker’s trading platforms are supported on the device(s) you plan on using to access your trading account. You should test any of the web, mobile, or desktop software that your broker provides, and make sure that your devices are compatible (whether it’s on your phone, tablet, laptop, or desktop computer).
- Once you have your broker, account, and trading platforms sorted out, it’s best to familiarize yourself with you broker’s available products and services. Explore its educational content, research, trading tools, and investment products.
- Pro tip: Demo accounts are a great way to test your broker’s trading platforms with virtual funds before taking the leap into trading in a live account with real money. It’s a good way to develop a trading strategy and try it out on a small scale, without risking your capital.
What is the best Forex broker in Ghana?
We assess dozens of the most prominent brokers in foreign exchange, employing a proprietary methodology based on over 100 data-driven variables across a wide range of categories (including overall trust). Using these rankings, we evaluated the brokers that accept clients from Ghana, resulting in this list of the best forex brokers in Ghana in 2023:
-
IG
- 9.9/10 Overall
- AvaTrade - 8.6/10 Overall
-
FXCM
- 8.5/10 Overall
- XM Group - 8.4/10 Overall
- Pepperstone - 8.4/10 Overall
Which forex broker in Ghana is best for beginners?
IG is the best broker for beginner forex traders in Ghana in 2023. IG delivers an excellent selection of educational materials and resources for residents of Ghana who are just getting started with forex and CFD trading, including learning courses and easy-to-use trading platforms.
IG also offers an app exclusively dedicated to education as part of its IG Academy, along with an extensive array of resources curated from its IG Community forum. The ease-of-use factor is especially important for beginners who are learning how to use a broker’s trading platforms, and IG’s sleek mobile apps and well-designed trading platforms make for a painless, intuitive experience for all traders.
BrokerNotes.co 2023 Overall Rankings
To recap, here are our top forex brokers for 2023, sorted by Overall ranking.
| Company | Accepts GH Residents | Overall Rating | Minimum Deposit | Average Spread EUR/USD - Standard | Trust Score | Tradeable Symbols (Total) | Read Review | Visit Site |
 IG
|
9.9 | £250.00 | 0.86 | 99 | 19537 | IG Review |
Visit Site
|
|
 Saxo Bank
|
9.7 | €2,000 | 0.9 | 99 | 60000 | Saxo Bank Review | ||
 Interactive Brokers
|
9.7 | $0 | 0.6 | 99 | 8500 | Interactive Brokers Review | ||
 CMC Markets
|
9.6 | $0 | 0.51 | 99 | 12377 | CMC Markets Review | ||
 TD Ameritrade
|
9.5 | $0 | 1.25 | 99 | 0 | TD Ameritrade Review | ||
 FOREX.com
|
9.3 | $100 | 1.0 | 99 | 5500 | FOREX.com Review |
Visit Site
|
|
 City Index
|
9.2 | £100.00 | 1.0 | 99 | 13500 | City Index Review | ||
 XTB
|
9 | $0 | 1.07 | 95 | 12000 | XTB Group Review | ||
 eToro
|
8.8 | $10-$10,000 | 1 | 93 | 3458 | eToro Review | ||
 Swissquote
|
8.7 | $1000 | N/A | 99 | 466 | Swissquote Review | ||
 AvaTrade
|
8.6 | $100 | 0.92 | 93 | 1260 | AvaTrade Review | ||
 FXCM
|
8.5 | Starts from $50 | 1.38 | 96 | 440 | FXCM Review |
Visit Site
|
|
 Plus500
|
8.5 | €100 | 0.8 | 98 | 2800 | Plus500 Review | ||
 Capital.com
|
8.4 | $20 | 0.65 | 85 | 3152 | Capital.com Review | ||
 XM Group
|
8.4 | $5 | 1.6 | 90 | 1429 | XM Group Review | ||
 Pepperstone
|
8.4 | $200 | 0.77 | 93 | 2342 | Pepperstone Review | ||
 OANDA
|
8.4 | $0 | 1.26 | 92 | 124 | OANDA Review | ||
 Admiral Markets
|
8.3 | $100 | 0.8 | 88 | 6942 | Admiral Markets Review | ||
 FP Markets
|
8.3 | $100 AUD | 1.2 | 86 | 10000 | FP Markets Review | ||
 IC Markets
|
8.2 | $200 | 0.62 | 86 | 3583 | IC Markets Review | ||
 Markets.com
|
8.2 | $100 | 1.9 | 98 | 2179 | Markets.com Review | ||
 FxPro
|
8.1 | $100 | 1.51 | 90 | 2249 | FxPro Review | ||
 Tickmill
|
8.0 | $100 | 0.51 | 82 | 725 | Tickmill Review | ||
 Fineco Bank
|
8.0 | $0 | N/A | 92 | 126 | Fineco Bank Review | ||
 BlackBull Markets
|
7.9 | $0 | 0.827 | 74 | 26000 | BlackBull Markets Review | ||
 DooPrime
|
7.8 | $100 | N/A | 84 | 10000 | DooPrime Review | ||
 Vantage
|
7.8 | $50 | 1.30 | 89 | 1000 | Vantage Review | ||
 BDSwiss
|
7.8 | $100-$5000 | 1.6 | 83 | 1081 | BDSwiss Review | ||
 TMGM
|
7.8 | $100 | 0.96 | 79 | 12000 | TMGM Review | ||
 HFM
|
7.8 | $0 | 1.2 | 85 | 3500 | HFM Review | ||
 FlowBank
|
7.7 | $0.00 | N/A | 77 | 408600 | FlowBank Review | ||
 HYCM (Henyep)
|
7.7 | $100 | 0.6 | 86 | 362 | HYCM Review | ||
 Trading 212
|
7.6 | EUR 10 | N/A | 77 | 1785 | Trading 212 Review | ||
 Eightcap
|
7.6 | $100 | 1.0 | 87 | 736 | Eightcap Review | ||
 Trade Nation
|
7.5 | $0 | 0.6 | 83 | 601 | Trade Nation Review | ||
 Moneta Markets
|
7.5 | $50 | 1.27 | 71 | 965 | Moneta Markets Review | ||
 ThinkMarkets
|
7.4 | $250.00 | N/A | 86 | 1674 | ThinkMarkets Review | ||
 VT Markets
|
7.4 | $200 | 1.2 | 71 | 168 | VT Markets Review | ||
 ACY Securities
|
7.4 | $50 | 1.2 | 75 | 1600 | ACY Securities Review | ||
 easyMarkets
|
7.3 | $100 | 0.9 | 84 | 199 | a href="/reviews/easymarkets">easyMarkets Review | ||
 RoboForex (RoboMarkets)
|
7.3 | $100 | 1.4 | 69 | 12000 | Roboforex (RoboMarkets) Review | ||
 IronFX
|
7.2 | $50 | 1.2 | 84 | 340 | IronFX Review | ||
 Exness
|
7.2 | $1 | 0.9 | 74 | 112 | Exness Review | ||
 Spreadex
|
7.2 | $0 | N/A | 70 | 2000 | Spreadex Review | ||
 Trade360
|
7.1 | $250 | N/A | 75 | 1062 | Trade360 Review | ||
 Axi
|
7.1 | 0 | N/A | 83 | 175 | Axitrader Review | ||
 GKFX
|
7.1 | $0 | N/A | 66 | 354 | GKFX Review | ||
 Vestle
|
7.1 | -1 | N/A | 79 | 750 | Vestle Review | ||
 OctaFX
|
7 | $25 | 0.9 | 69 | 229 | OctaFX Review | ||
 FXOpen
|
7 | $100 | N/A | 80 | 87 | FXOpen Review | ||
 TeleTrade
|
7 | $100 | N/A | 67 | 500 | Teletrade Review | ||
 FXPrimus
|
6.9 | $100 | N/A | 69 | 140 | FXPrimus Review | ||
 Forex4you
|
6.9 | $0 | N/A | 62 | 150 | Forex4you Review | ||
 LegacyFX
|
6.9 | $500 | N/A | 66 | 425 | LegacyFX Review | ||
 GBE brokers
|
6.8 | $500 | N/A | 69 | 500 | GBE Brokers Review | ||
 Alpari
|
6.8 | $20 | N/A | 67 | 105 | Alpari Review | ||
 TopFX
|
6.7 | Depends on payment method | N/A | 67 | 655 | TopFX Review | ||
 Libertex (Forex Club)
|
6.7 | $10 | N/A | 72 | 300 | Libertex Review | ||
 ATFX
|
6.6 | $500 | N/A | 70 | 150 | ATFX Review | ||
 UFX
|
6.6 | $100 | 3 | 67 | 619 | UFX Review | ||
 Xtrade
|
6.5 | $250 | N/A | 80 | 142 | Xtrade Review | ||
 Tradeo
|
6.4 | $200 | N/A | 67 | 256 | Tradeo Review |
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Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Learn more about foreign exchange risk.
About the Editorial Team
Steven Hatzakis is the Global Director of Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
John Bringans is the Senior Editor of BrokerNotes.co and ForexBrokers.com. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.