Best Forex Brokers Japan 2023

Written by Steven Hatzakis
Edited by John Bringans
Fact-checked by Joey Shadeck

April 06, 2023

A nation of islands (nearly 7,000 of them!) situated atop a ring of volcanoes in the Pacific Ocean (aka the Ring of Fire), Japan’s archipelago is also home to the most populated city in the world – Tokyo – and one of the world’s most important financial centers.

Newcomers to forex trading will learn that the Japanese Yen is one of the most popular currencies for trading on the forex market, and that Japan hosts a large, active population of investors and forex traders.

As one of the world’s major financial centers, we knew that we had to do a deep dive into the ins and outs of Japan’s financial systems. So, the team at BrokerNotes conducted extensive research and data collection on forex brokers, local regulatory agencies, stock exchanges, and Japanese monetary policy. Then, we created this guide to explain how they all fit together, and to help you pick the best forex broker for trading in Japan.

Choosing a forex broker in Japan

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.

Japan’s financial markets regulator is the Japanese Financial Services Authority (JFSA). JFSA’s high degree of trust has us ranking Japan as a Tier 1 jurisdiction.

The JFSA is a regulator with myriad functions, such as the planning and policymaking for Japan’s domestic financial system, and the supervision of financial institutions such as bank operators, money lending businesses, crypto-asset exchanges, credit unions, and insurance business providers.

Forex brokers in Japan are regulated by the Financial Futures Association of Japan (FFAJ) which is a non-governmental member-based self-regulatory organization (SRO) authorized by the Ministry of Finance in 1989.

The Securities and Exchange Surveillance Commission (SESC) operates under the authority of the Financial Services Agency (FSA) and is Japan’s principal financial sector regulator, and is responsible for conducting market surveillance, investigating and reporting market misconduct, and supervising and inspecting financial instruments businesses.

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.

Best forex brokers for trading in Japan

To help you find the best forex brokers, we curated a list of every broker that accepts new clients from Japan. 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 forex brokers in Japan:

IG

- 9.9/10 Overall
FOREX.com

- 9.3/10 Overall
AvaTrade - 8.6/10 Overall
XM Group - 8.4/10 Overall
Admiral Markets - 8.3/10 Overall
IC Markets - 8.2/10 Overall
BlackBull Markets - 7.9/10 Overall
HFM - 7.8/10 Overall
ThinkMarkets - 7.4/10 Overall
easyMarkets - 7.3/10 Overall
FXPrimus - 6.9/10 Overall

Visit Site

open_in_new

Join 239,000+ traders worldwide.

(Trading forex carries a high level of risk.)

Overall Rating

9.9 / 10

Minimum Deposit

£250.00

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

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

Regulationexpand_moreexpand_less

Year Founded	1974
Publicly Traded (Listed)	Yes
Bank	Yes
Tier-1 Licenses	7
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	19537
Forex Pairs (Total)	100
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

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

Apps & Toolsexpand_moreexpand_less

Android App
Apple iOS App	Yes
Education (Forex or CFDs)	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Visit Site

open_in_new

A Global Market Leader!

(Trading forex carries a high level of risk.)

Overall Rating

9.3 / 10

Minimum Deposit

$100

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	1.0
All-in Cost EUR/USD - Active	1.0
PayPal (Deposit/Withdraw)	Yes
Skrill (Deposit/Withdraw)	No
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	1999
Publicly Traded (Listed)	Yes
Bank	No
Tier-1 Licenses	4
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	5500
Forex Pairs (Total)	91
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

Virtual Trading (Demo)	Yes
MetaTrader 4 (MT4)	Yes
MetaTrader 5 (MT5)	Yes
Proprietary Platform	Yes
Social Trading / Copy Trading	No
Charting - Indicators / Studies (Total)	203

Apps & Toolsexpand_moreexpand_less

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

8.6 / 10

Minimum Deposit

$100

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

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

Regulationexpand_moreexpand_less

Year Founded	2006
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	4
Tier-2 Licenses	4

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	1260
Forex Pairs (Total)	55
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

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

Apps & Toolsexpand_moreexpand_less

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

8.4 / 10

Minimum Deposit

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Highly Trusted

Cost & Fundingexpand_moreexpand_less

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

Regulationexpand_moreexpand_less

Year Founded	2009
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	2
Tier-2 Licenses	1

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	1429
Forex Pairs (Total)	55
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

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

Apps & Toolsexpand_moreexpand_less

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

8.3 / 10

Minimum Deposit

$100

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Trusted

Cost & Fundingexpand_moreexpand_less

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

Regulationexpand_moreexpand_less

Year Founded	2001
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	3
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	6942
Forex Pairs (Total)	80
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

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

Apps & Toolsexpand_moreexpand_less

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

8.2 / 10

Minimum Deposit

$200

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Trusted

Cost & Fundingexpand_moreexpand_less

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

Regulationexpand_moreexpand_less

Year Founded	2007
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	1
Tier-2 Licenses	1

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	3583
Forex Pairs (Total)	61
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

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

Apps & Toolsexpand_moreexpand_less

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

7.9 / 10

Minimum Deposit

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Average Risk

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	0.827
All-in Cost EUR/USD - Active	0.827
PayPal (Deposit/Withdraw)	No
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2014
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	1
Tier-2 Licenses	0

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	26000
Forex Pairs (Total)	72
Bitcoin	No

Trading Platformsexpand_moreexpand_less

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

Apps & Toolsexpand_moreexpand_less

Android App
Apple iOS App	Yes
Education (Forex or CFDs)	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	No
Economic Calendar	Yes

Overall Rating

7.8 / 10

Minimum Deposit

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Trusted

Cost & Fundingexpand_moreexpand_less

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

Regulationexpand_moreexpand_less

Year Founded	2010
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	1
Tier-2 Licenses	3

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	3500
Forex Pairs (Total)	47
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

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

Apps & Toolsexpand_moreexpand_less

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

7.4 / 10

Minimum Deposit

$250.00

Trust Score Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust. close

Trusted

Cost & Fundingexpand_moreexpand_less

Average Spread EUR/USD - Standard	N/A
All-in Cost EUR/USD - Active	N/A
PayPal (Deposit/Withdraw)	No
Skrill (Deposit/Withdraw)	Yes
Visa/Mastercard (Credit/Debit)	Yes

Regulationexpand_moreexpand_less

Year Founded	2010
Publicly Traded (Listed)	No
Bank	No
Tier-1 Licenses	2
Tier-2 Licenses	2

Investment Optionsexpand_moreexpand_less

Forex Trading (Spot or CFDs)	Yes
Mobile Trading - Forex or CFDs	Yes
Tradeable Symbols (Total)	1674
Forex Pairs (Total)	46
Bitcoin	Yes

Trading Platformsexpand_moreexpand_less

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

Apps & Toolsexpand_moreexpand_less

Android App
Apple iOS App	Yes
Education (Forex or CFDs)	Yes
Daily Market Commentary	Yes
Forex News (Top-Tier Sources)	Yes
Economic Calendar	Yes

Japan’s financial markets

Forex traders will recognize the Japanese Yen (JPY) as Japan’s national currency, which is issued and managed by the Bank of Japan. The JPY has become one of the most popular currencies for trading on the massive global forex market. The USD/JPY currency pair (also known as the “gopher”) is one of the most commonly traded currency pairs in the entire forex market.

Japan’s Tokyo Stock Exchange (TSE) – or, Tōshō – dates all the way back to 1878. Suspended during World War II, it reopened in 1949 following the issuance of the Securities Exchange Act, and in 2013 the TSE completed a merger with the second-largest stock exchange in Japan – the Osaka Securities Exchange (OSE) – to form the Japan Exchange Group (JPX).

The JPX now ranks globally as one of the largest stock exchange groups.

What is the best Japanese forex broker?

IG is the best forex broker in Japan in 2022. Regulated by the JFSA (and a member of the FFAJ), IG is an all-around excellent choice for forex traders in Japan. Whether you are a beginner, intermediate, or professional trader, IG’s award-winning mobile app delivers an outstanding trading experience. IG also offers a wide range of currency pairs, powerful investing tools, market research, educational content, as well as a slew of complex order types for advanced trading strategies.

Which forex broker has the best mobile app in Japan?

The IG Trading app is the best mobile app in Japan for forex trading in 2022. Forex traders in Japan will find that IG’s flagship mobile trading app delivers many of the same advanced features found in modern web trading platforms.

With the IG Trading App, forex traders gain access to a user-friendly trading platform that is stacked with powerful tools and features. Featuring advanced technical analysis, customizable news headlines, trading signals, market research, and powerful trading tools that are directly integrated into IG’s mobile charts, IG’s mobile app provides a rich user experience without putting any limits on functionality.

Also worth mentioning is Saxo Bank’s SaxoTraderGO mobile app, another excellent choice for mobile trading in 2022. Saxo Bank’s SaxoTraderGO web and mobile platforms provide a powerful selection of tools along with top-notch research in a highly unified cross-platform experience.

Is forex trading legal in Japan?

Yes, forex trading is legal in Japan and is a regulated activity for exchange-traded forex (futures) as well as over-the-counter (OTC) forex trading. Brokers that are regulated by the JFSA and licensed to offer forex trading must also be members of the FFJA, the designated self-regulatory organization (DSRO) in Japan.

It’s important to always make sure that your broker is regulated to reduce your chance of dealing with a scam broker. For residents of Japan, trading forex with a broker that is regulated locally is an added benefit, such as in the case of a dispute that you are unable to resolve directly with your broker.

For example, if you had a dispute with a locally regulated broker, you’d be able to file a complaint locally – which can create more pressure for the broker to resolve the dispute amicably. If your broker isn’t regulated in your country of residence, there is a greater chance that they won’t be able to assist you.

Where can I trade forex in Japan?

The best forex brokers in Japan hold numerous regulatory licenses in top-tier financial centers across the globe. There are a number of brokers that will facilitate forex trading in Japan – some of which are regulated locally by the JFSA, and some which are regulated in other countries. At BrokerNotes, we always recommend choosing a broker that is regulated locally, in the same country where you reside (except where related financial consumer protection laws are not yet established or enforced).

The best brokers that are regulated in Japan by the JFSA include the following:

IG
Saxo Bank
Interactive Brokers
FOREX.com
City Index
AvaTrade
OANDA

Keep in mind that many forex brokers will accept clients from jurisdictions (such as Japan) in which they are not locally regulated, but those brokers may hold sufficient licenses from other major jurisdictions where there are similar regulatory and compliance requirements.

BrokerNotes.co 2023 Overall Rankings

To recap, here are our top forex brokers for 2023, sorted by Overall ranking.

Company	Accepts JP Residents	Overall Rating	Minimum Deposit	Average Spread EUR/USD - Standard	Trust Score	Tradeable Symbols (Total)	Read Review	Visit Site
IG	check	9.9	£250.00	0.86	99	19537	IG Review	Visit Site
Saxo Bank	check	9.7	€2,000	0.9	99	60000	Saxo Bank Review
Interactive Brokers	check	9.7	$0	0.6	99	8500	Interactive Brokers Review
CMC Markets	check	9.6	$0	0.51	99	12377	CMC Markets Review
TD Ameritrade	check	9.5	$0	1.25	99	0	TD Ameritrade Review
FOREX.com	check	9.3	$100	1.0	99	5500	FOREX.com Review	Visit Site
City Index	check	9.2	£100.00	1.0	99	13500	City Index Review
XTB	check	9	$0	1.07	95	12000	XTB Group Review
eToro	check	8.8	$10-$10,000	1	93	3458	eToro Review
Swissquote	check	8.7	$1000	N/A	99	466	Swissquote Review
AvaTrade	check	8.6	$100	0.92	93	1260	AvaTrade Review
FXCM	check	8.5	Starts from $50	1.38	96	440	FXCM Review	Visit Site
Plus500	check	8.5	€100	0.8	98	2800	Plus500 Review
Capital.com	check	8.4	$20	0.65	85	3152	Capital.com Review
XM Group	check	8.4	$5	1.6	90	1429	XM Group Review
Pepperstone	check	8.4	$200	0.77	93	2342	Pepperstone Review
OANDA	check	8.4	$0	1.26	92	124	OANDA Review
Admiral Markets	check	8.3	$100	0.8	88	6942	Admiral Markets Review
FP Markets	check	8.3	$100 AUD	1.2	86	10000	FP Markets Review
IC Markets	check	8.2	$200	0.62	86	3583	IC Markets Review
Markets.com	check	8.2	$100	1.9	98	2179	Markets.com Review
FxPro	check	8.1	$100	1.51	90	2249	FxPro Review
Tickmill	check	8.0	$100	0.51	82	725	Tickmill Review
Fineco Bank	check	8.0	$0	N/A	92	126	Fineco Bank Review
BlackBull Markets	check	7.9	$0	0.827	74	26000	BlackBull Markets Review
DooPrime	check	7.8	$100	N/A	84	10000	DooPrime Review
Vantage	check	7.8	$50	1.30	89	1000	Vantage Review
BDSwiss	check	7.8	$100-$5000	1.6	83	1081	BDSwiss Review
TMGM	check	7.8	$100	0.96	79	12000	TMGM Review
HFM	check	7.8	$0	1.2	85	3500	HFM Review
FlowBank	check	7.7	$0.00	N/A	77	408600	FlowBank Review
HYCM (Henyep)	check	7.7	$100	0.6	86	362	HYCM Review
Trading 212	check	7.6	EUR 10	N/A	77	1785	Trading 212 Review
Eightcap	check	7.6	$100	1.0	87	736	Eightcap Review
Trade Nation	check	7.5	$0	0.6	83	601	Trade Nation Review
Moneta Markets	check	7.5	$50	1.27	71	965	Moneta Markets Review
ThinkMarkets	check	7.4	$250.00	N/A	86	1674	ThinkMarkets Review
VT Markets	check	7.4	$200	1.2	71	168	VT Markets Review
ACY Securities	check	7.4	$50	1.2	75	1600	ACY Securities Review
easyMarkets	check	7.3	$100	0.9	84	199	a href="/reviews/easymarkets">easyMarkets Review
RoboForex (RoboMarkets)	check	7.3	$100	1.4	69	12000	Roboforex (RoboMarkets) Review
IronFX	check	7.2	$50	1.2	84	340	IronFX Review
Exness	check	7.2	$1	0.9	74	112	Exness Review
Spreadex	check	7.2	$0	N/A	70	2000	Spreadex Review
Trade360	check	7.1	$250	N/A	75	1062	Trade360 Review
AxiTrader	check	7.1	0	N/A	83	175	Axitrader Review
GKFX	check	7.1	$0	N/A	66	354	GKFX Review
Vestle	check	7.1	-1	N/A	79	750	Vestle Review
OctaFX	check	7	$25	0.9	69	229	OctaFX Review
FXOpen	check	7	$100	N/A	80	87	FXOpen Review
TeleTrade	check	7	$100	N/A	67	500	Teletrade Review
FXPrimus	check	6.9	$100	N/A	69	140	FXPrimus Review
Forex4you	check	6.9	$0	N/A	62	150	Forex4you Review
LegacyFX	check	6.9	$500	N/A	66	425	LegacyFX Review
GBE brokers	check	6.8	$500	N/A	69	500	GBE Brokers Review
Alpari	check	6.8	$20	N/A	67	105	Alpari Review
TopFX	check	6.7	Depends on payment method	N/A	67	655	TopFX Review
Libertex (Forex Club)	check	6.7	$10	N/A	72	300	Libertex Review
ATFX	check	6.6	$500	N/A	70	150	ATFX Review
UFX	check	6.6	$100	3	67	619	UFX Review
Xtrade	check	6.5	$250	N/A	80	142	Xtrade Review
Tradeo	check	6.4	$200	N/A	67	256	Tradeo Review

More Forex Guides

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

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

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

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.