How to Select a broker

Ultimate Guide

GUIDE TO SELECTING A FOREX BROKER

Whether you are an experienced trader or just starting up, the most important step is to find a trustworthy Forex broker.  When looking for a Forex broker, you should make sure that the broker is licensed and monitored by a regulator. Your money remains with the FX broker that is why you should look for a broker that keeps your funds in a segregated account. 

Segregated accounts hold clients’ money and are different from the operational accounts of the broker. The broker’s online trading platform should have enough technical tools to analyze and study the market. The execution of the trades should be seamless and without slippage. You can always test the trading platform by opening a demo account with the broker. 

Finally, the customer service is very important. Especially, for the new traders, as you will have many questions and concerns in the beginning. Most brokers these days provide 24 hours phone and online chat facility.

ALWAYS LOOK FOR

REGULATED FOREX BROKER

MULTI ASSET PLATFORM

LOW SPREAD &COMMISSION

FAST EXECUTION

EASY DEPOSITE & WITHDRAWAL

EXCELLENT SUPPORT

FOREX BROKER REVIEWS

Comprehensive Broker Reviews

Broker

Detail

Min. Deposit: $100
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5
Regulation: CySEC, ASIC, EFSA, FCA

Min. Deposit: $100
Max. Leverage: 1:20 | 1:500
Trading Platforms: MT4, MT5
Regulation: ASIC, FSA

Min. Deposit: $250
Max. Leverage: 1:25| 1:200
Trading Platforms: MT4
Regulation: DIFC, FSCA, FSA, FMA, ASIC, FINMA, CFTC, FCA

Min. Deposit: $100
Max. Leverage: 1:30 | 1:300
Trading Platforms: Proprietary and Mobile Platforms
Regulation: ASIC, FCA

Min. Deposit: $100
Max. Leverage: 1:20 | 1:200
Trading Platforms: MT4, MT5
Regulation: ASIC, FSA, CFTC, FCA, Other

Min. Deposit: $200
Max. Leverage: 1:2| 1:500
Trading Platforms: MT4, MT5
Regulation: ASIC, FCA

Min. Deposit: $50
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4
Regulation: FCA, KPWiG, Other

Min. Deposit: $5
Max. Leverage: 1:20 | 1:100
Trading Platforms: MT4, MT5
Regulation: FSA, FSCA, CySEC, DFSA, FCA

Min. Deposit: $10
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5
Regulation: FSCA, CySEC, FSA, FCA

Min. Deposit: $5
Max. Leverage: 1:20 | 1:2000
Trading Platforms: MT4, MT5
Regulation: CySEC, ASIC, Other

Min. Deposit: $10
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation:LOFSA, VFSC, FSC, MSFA

Min. Deposit: $10
Max. Leverage: 1:20 | 1:400
Trading Platforms: Proprietary and Mobile Platforms
Regulation: CySEC. AIC, Other

Min. Deposit: $0
Max. Leverage: 1:20 | 1:200
Trading Platforms: MT4, MT5
Regulation: MAS, ASIC, FCA

Min. Deposit: $100
Max. Leverage: 1:20 | 1:500
Trading Platforms: MT4, MT5
Regulation: CySEC, FSCA, FCA

Min. Deposit: $2000
Max. Leverage: 1:5 | 1:100
Trading Platforms:Proprietary and Mobile Platforms
Regulation: FINMA, FSA, MAS, ASIC, FCA

Min. Deposit: $100
Max. Leverage: 1:30 | 1:400
Trading Platforms: MT4, MT5
Regulation: FSRA, ISA, FSA, FSCA, ASIC, Other

Min. Deposit: $50
Max. Leverage: 1:50 | 1:500
Trading Platforms: MT4, MT5
Regulation: FSCA, ASIC, FCA

Min. Deposit: $0
Max. Leverage: 1:20 | 1:100
Trading Platforms: MT4, MT5
Regulation: DFSA, MAS, FINMA, FCA

Min. Deposit: $20
Max. Leverage: 1:100 | 1:1000
Trading Platforms: MT4, MT5
Regulation: FSC, IFSC, FCA

Min. Deposit: $100
Max. Leverage: 1:20 | 1:200
Trading Platforms: MT4, MT5
Regulation: CIMA, DFS, FCA

Min. Deposit: $100
Max. Leverage: 1:10 | 1:400
Trading Platforms: MT4, MT5
Regulation: CySEC, ASIC