Advertisement

Broker Categories

Top forex brokers

Broker Spread Slippage Platform Broker type Promotion
1.0 2.78 MT4, Web,
Mirror Trader
ECN, Market
Maker
1 pip spread
on all majors
1.0 1.15 MT4, Web,
Mirror Trader
ECN, STP
0.8 3.50 MT4, Web ECN, Market
Maker
30%
on initial deposit
1.0 1.32 MT4 STP 20% Bonus
10% loyalty bonus
1.0 0.61 MT4, Web,
Mirror Trader
ECN, STP 10% Bonus
1.1 0.64 MT4, Web,
ForexTrader
Market Maker
1.0 n/a MT4, Web, DF
Trader
ECN, Market
Maker

0.8 n/a MT4, Web,
cTrader
ECN, Market
Maker
Gifts
2.0 2.18 MT4 STP, Market
Maker
Free deposits
and free signals
1.0 n/a MT4 ECN, STP
0.0 n/a MT4, Kiwi
Trader
STP, Market
Maker

0.8-2 n/a MT4, MT5, Web STP 20% Bonus
on first deposit
1.0 n/a MT4, Web,
FlatTrader
Market Maker
1.0 n/a MT4 ECN, STP,
Market Maker
$5 bonus
no deposit
Spread
Average spread
Min spread
Max spread
N/A
For the last hour
N/A
N/A
N/A
For the last hour
N/A
N/A
N/A
For the last hour
N/A
N/A
Broker
Quote
Opportunity
Quote
Broker

Best Forex Broker?

I'm sorry. There is no such thing as a "best forex broker". Some traders are looking for short-term scalping opportunities and hold positions for a few seconds to a few minutes. Slippage, requotes and wide spreads can kill them, but they don't need to worry about swap. Other traders hold positions for months and they don't really care about spreads, however swap rates are crucial to them.


Some traders are looking for a hundred bucks no-deposit bonus and don't mind to trade with an offshore forex broker. Others are intending to invest a million dollars and are looking for heavy regulated large cap broker and fund protection.


Some traders are happy with their MT4 market-maker. Others believe that market-makers are in conflict of interest and prefer to open an account with well established ECN forex broker.

So, how to choose a forex broker?

1. Pick an online forex broker from the table above or take a look at our complete forex brokers list
2. Read the reviews about it and make sure it's regulated
3. Compare it to other brokers and make your choice


Trading Forex on margin involves a high level of risk. You could sustain a total loss of your deposit. Do not speculate with money that you cannot afford to lose.

Follow forexbrokerz on Twitter

© 2012 ForexBrokerz.com