Best Forex Brokers United Arab Emirates 2023
Written by Steven Hatzakis
Edited by John Bringans
Fact-checked by Joey Shadeck
When most people think of the United Arab Emirates (UAE), they likely picture Dubai and its world-famous Burj Khalifa tower – currently the tallest building in the world by a long shot (half a mile tall!).
Look beyond the staggering cityscapes and the mind-boggling artificial islands that flank its most famous city, and you’ll find that the UAE is a regional financial powerhouse.
Here at BrokerNotes, we conducted extensive research and data collection on the top forex brokers, as well as local regulatory agencies, stock exchanges, and UAE monetary policy to create this guide to help you pick the best forex broker for trading in the UAE.
Choosing a forex broker in the UAE
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.
Excluding the city of Dubai, the Central Bank of the UAE (CBUAE) is the primary national regulator for all financial services firms in the UAE, including banks and forex brokers. The Securities and Commodities Authority (SCA) is the governmental agency that oversees the local stock and commodity exchanges in Dubai.
Within Dubai exists a unique special economic zone known as the Dubai International Financial Center (DIFC). The primary regulator for the financial services industry within the DIFC is the Dubai Financial Services Authority (DFSA), which enforces licensing and membership compliance for forex brokers in Dubai, and regulates the trading of securities, commodities, investment funds, and derivatives.
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 the UAE
To help you find the best forex brokers, we curated a list of every broker that accepts new clients from the UAE. 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 the UAE:
-
IG
- 9.9/10 Overall
-
FOREX.com
- 9.3/10 Overall
- XTB - 9/10 Overall
- Swissquote - 8.7/10 Overall
- AvaTrade - 8.6/10 Overall
- Plus500 - 8.5/10 Overall
- Pepperstone - 8.4/10 Overall
- HFM - 7.7/10 Overall
- HYCM (Henyep) - 7.7/10 Overall
- AxiTrader - 7.1/10 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 | No |
| 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 | Yes |
| Apple iOS App | Yes |
| Has 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 | 1.0 |
| All-in Cost EUR/USD - Active | 1.0 |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | No |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 1999 |
| Publicly Traded (Listed) | Yes |
| Bank | No |
| Tier-1 Licenses | 4 |
| Tier-2 Licenses | 2 |
| Forex Trading | No |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 5500 |
| Forex Pairs (Total) | 91 |
| Bitcoin | Yes |
| 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 |
| Android App | Yes |
| Apple iOS App | Yes |
| Has 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 | 1.07 |
| All-in Cost EUR/USD - Active | 1.04 |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | Yes |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 2002 |
| Publicly Traded (Listed) | Yes |
| Bank | No |
| Tier-1 Licenses | 1 |
| Tier-2 Licenses | 3 |
| Forex Trading | No |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 12000 |
| Forex Pairs (Total) | 57 |
| 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) | 39 |
| Android App | Yes |
| Apple iOS App | Yes |
| Has 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 | N/A |
| All-in Cost EUR/USD - Active | N/A |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | Yes |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 1996 |
| Publicly Traded (Listed) | Yes |
| Bank | Yes |
| Tier-1 Licenses | 4 |
| Tier-2 Licenses | 1 |
| Forex Trading | No |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 466 |
| Forex Pairs (Total) | 78 |
| 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) | 49 |
| Android App | Yes |
| Apple iOS App | Yes |
| Has 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 | No |
| 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 | Yes |
| Apple iOS App | Yes |
| Has 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 | N/A |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | No |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 2008 |
| Publicly Traded (Listed) | Yes |
| Bank | No |
| Tier-1 Licenses | 4 |
| Tier-2 Licenses | 4 |
| Forex Trading | No |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 2800 |
| Forex Pairs (Total) | 65 |
| Bitcoin | Yes |
| Virtual Trading (Demo) | Yes |
| MetaTrader 4 (MT4) | No |
| MetaTrader 5 (MT5) | No |
| Proprietary Platform | Yes |
| Social Trading / Copy Trading | No |
| Charting - Indicators / Studies (Total) | 110 |
| Android App | Yes |
| Apple iOS App | Yes |
| Has Education - Forex or CFDs | Yes |
| Daily Market Commentary | Yes |
| Forex News (Top-Tier Sources) | No |
| 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 | No |
| 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 | Yes |
| Apple iOS App | Yes |
| Has 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 | No |
| 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 | No |
| Social Trading / Copy Trading | Yes |
| Charting - Indicators / Studies (Total) | 15 |
| Android App | Yes |
| Apple iOS App | Yes |
| Has 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 | 0.6 |
| All-in Cost EUR/USD - Active | 0.6 |
| PayPal (Deposit/Withdraw) | No |
| Skrill (Deposit/Withdraw) | Yes |
| Visa/Mastercard (Credit/Debit) | Yes |
| Year Founded | 1977 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 2 |
| Tier-2 Licenses | 2 |
| Forex Trading | No |
| Mobile Trading - Forex or CFDs | Yes |
| Tradeable Symbols (Total) | 362 |
| Forex Pairs (Total) | 70 |
| Bitcoin | Yes |
| Virtual Trading (Demo) | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| Proprietary Platform | Yes |
| Social Trading / Copy Trading | No |
| Charting - Indicators / Studies (Total) | 30 |
| Android App | Yes |
| Apple iOS App | Yes |
| Has Education - Forex or CFDs | No |
| Daily Market Commentary | Yes |
| Forex News (Top-Tier Sources) | Yes |
| Economic Calendar | Yes |
The UAE’S financial markets
Forex traders may recognize the dirham (AED) as the national currency of the United Arab Emirates. The dirham is affected by the local monetary policy and economy of the UAE, relative to international currency markets.
Though comprised of seven separate emirates, the main financial centers of the UAE are undisputedly Abu Dhabi and Dubai. As such, the UAE features two primary financial securities exchanges: the Abu Dhabi Securities Exchange (ADX), and the Dubai Financial Market (DFM).
The ADX, based in Abu Dhabi, was established in the year 2000 and operates as a market for trading securities while also being vested with certain supervisory powers. One of the largest markets in the Arab world, the ADX offers shares, bonds, exchange-traded funds (ETFs), and other SCA-approved financial instruments.
The DFM, based in Dubai, functions as a secondary market for trading securities, bonds, mutual funds, as well as other local or foreign DFM-approved financial instruments.
FAQs
Is forex trading legal in UAE?
Yes, forex trading is legal in the UAE, according to Regulatory Law 2004 as enacted by the ruler of Dubai. Trading CFDs and forex falls under the jurisdiction of the DFSA within the Dubai International Financial Center (DIFC), and forex and CFD brokers themselves are licensed by the DFSA.
Outside of the DIFC, the Central Bank of the UAE (CBUAE) licenses forex brokers for the rest of the UAE. Brokers authorized by the CBUAE hold a monetary intermediary license, whereas exchange-traded forex products are regulated by the Securities & Commodities Authority (SCA), which oversees the local stock and commodities exchanges.
What is the best broker in Dubai?
IG is the best forex broker in the UAE in 2023. When considering all forex brokers regulated by the DFSA in Dubai (and that accept residents of the UAE), IG stands out as the clear favorite here at BrokerNotes. IG delivers excellent trading platforms, a suite of powerful mobile apps, top-notch research, and the highest attainable Trust Score for a forex broker. With its wide range of currency pairs and a truly vast selection of tradeable markets, IG is our top pick for investors based in the UAE and Dubai.
Which broker has the best mobile app?
Saxo Bank, which is DFSA-regulated in the UAE, is an excellent choice for UAE-based traders and investors who are looking for a superior mobile app. Saxo Bank’s SaxoTraderGO innovative web and mobile trading platforms deliver a superior selection of tools and state-of-the-art research.
Well-matched with Saxo Bank is IG, which won the award for Best Smartphone App in 2022 at our sister site, ForexBrokers.com. With its IG Trading app, IG delivers a user-friendly, intuitive platform that is chock-full of powerful features such as alerts, superb charting capabilities, and top-tier integrated research.
Can I use MetaTrader in the UAE?
Yes, the MetaTrader platform, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), is legal and available to residents of the UAE – provided your forex broker is regulated in Dubai by the DFSA.
If you are looking for the best forex broker in Dubai for MetaTrader users, our top pick is Pepperstone. If you want to read more about the best MetaTrader forex brokers, check out our MetaTrader 4 guide.
Which broker is best for beginners?
IG is the best forex broker for beginners in 2023, due to its vast selection of educational resources, which include guided courses that allow you to chart your own progress as you learn about forex and CFD trading. DailyFx – IG’s in-house content developer – produces a healthy variety of informative articles and videos, and IG has even developed its own standalone mobile app (in addition to its award-winning IG Trading app) that is exclusively dedicated to teaching beginners the ins and outs of the financial markets.
BrokerNotes.co 2023 Overall Rankings
Yes, forex trading is legal in the UAE, according to Regulatory Law 2004 as enacted by the ruler of Dubai. Trading CFDs and forex falls under the jurisdiction of the DFSA within the Dubai International Financial Center (DIFC), and forex and CFD brokers themselves are licensed by the DFSA.
Outside of the DIFC, the Central Bank of the UAE (CBUAE) licenses forex brokers for the rest of the UAE. Brokers authorized by the CBUAE hold a monetary intermediary license, whereas exchange-traded forex products are regulated by the Securities & Commodities Authority (SCA), which oversees the local stock and commodities exchanges.
IG is the best forex broker in the UAE in 2023. When considering all forex brokers regulated by the DFSA in Dubai (and that accept residents of the UAE), IG stands out as the clear favorite here at BrokerNotes. IG delivers excellent trading platforms, a suite of powerful mobile apps, top-notch research, and the highest attainable Trust Score for a forex broker. With its wide range of currency pairs and a truly vast selection of tradeable markets, IG is our top pick for investors based in the UAE and Dubai.
Saxo Bank, which is DFSA-regulated in the UAE, is an excellent choice for UAE-based traders and investors who are looking for a superior mobile app. Saxo Bank’s SaxoTraderGO innovative web and mobile trading platforms deliver a superior selection of tools and state-of-the-art research.
Well-matched with Saxo Bank is IG, which won the award for Best Smartphone App in 2022 at our sister site, ForexBrokers.com. With its IG Trading app, IG delivers a user-friendly, intuitive platform that is chock-full of powerful features such as alerts, superb charting capabilities, and top-tier integrated research.
Yes, the MetaTrader platform, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), is legal and available to residents of the UAE – provided your forex broker is regulated in Dubai by the DFSA.
If you are looking for the best forex broker in Dubai for MetaTrader users, our top pick is Pepperstone. If you want to read more about the best MetaTrader forex brokers, check out our MetaTrader 4 guide.
IG is the best forex broker for beginners in 2023, due to its vast selection of educational resources, which include guided courses that allow you to chart your own progress as you learn about forex and CFD trading. DailyFx – IG’s in-house content developer – produces a healthy variety of informative articles and videos, and IG has even developed its own standalone mobile app (in addition to its award-winning IG Trading app) that is exclusively dedicated to teaching beginners the ins and outs of the financial markets.
To recap, here are our top forex brokers for 2023, sorted by Overall ranking.
| Company | Accepts AE 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 | ||
|
Plus500
|
8.5 | €100 | 0.8 | 98 | 2800 | Plus500 Review | ||
 Capital.com
|
8.4 | $20 | 0.6 | 84 | 3700 | Capital.com Review | ||
 XM Group
|
8.4 | $5 | 1.6 | 90 | 1372 | 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 | 87 | 8425 | 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 | ||
 Fineco Bank
|
7.9 | $0 | N/A | 92 | 126 | Fineco Bank Review | ||
 Tickmill
|
7.9 | $100 | 0.51 | 82 | 295 | Tickmill Review | ||
 BlackBull Markets
|
7.9 | $0 | 0.827 | 74 | 26000 | BlackBull Markets Review | ||
 DooPrime
|
7.8 | $100 | N/A | 84 | 10000 | DooPrime Review | ||
 BDSwiss
|
7.8 | $100-$5000 | 1.6 | 84 | 1081 | BDSwiss Review | ||
 TMGM
|
7.8 | $100 | 0.96 | 79 | 12000 | TMGM Review | ||
|
HFM
|
7.7 | $5 | 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 | ||
 Vantage
|
7.7 | $50 | 1.22 | 83 | 1000 | Vantage 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 | 77 | 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 | 77 | 1062 | Trade360 Review | ||
 AxiTrader
|
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 | 67 | 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 | 67 | 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 | 74 | 150 | ATFX Review | ||
 UFX
|
6.6 | $100 | 3 | 62 | 619 | UFX Review | ||
 Xtrade
|
6.5 | $250 | N/A | 80 | 142 | Xtrade Review | ||
 Tradeo
|
6.4 | $200 | N/A | 67 | 256 | Tradeo Review |
More Forex Guides
- Best Forex Brokers
- Best CFD Brokers
- Best Zero Spread Brokers
- Best MetaTrader Brokers
- Best Brokers for Mac
- Compare Forex Brokers
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.