Our Opinion On AvaTrade: AvaTrade is an award-winning forex and CFD broker with a high trust score. We like the low deposit, demo account and copy trading, making the brand a good pick for beginners. Our team also rate the excellent research tools and powerful trading platforms, including MT4, MT5 and proprietary software, ensuring AvaTrade is a contender for experienced forex traders. Summary Pros & Cons Is AvaTrade Regulated? We are satisfied with AvaTrade’s regulatory status. The broker holds licenses with multiple financial agencies in the various territories where it operates. The level of customer protection and oversight will vary […]

Our Opinion On Pepperstone: Pepperstone is a leading forex broker thanks to its large suite of powerful tools, reliable customer service and low fees. The ultra-tight forex spreads from 0.0 pips are amongst the lowest we have seen. Pepperstone doesn’t match some competitors when it comes to deposit options and account opening, but it remains an excellent choice for both beginners and experienced forex traders. Summary Pros & Cons Is Pepperstone Regulated? Pepperstone is one of the most heavily regulated forex brokers that we have evaluated. The company holds licenses with tier-one regulators, including the UK Financial Conduct Authority (FCA) […]

Our Opinion On IC Markets: IC Markets is an excellent forex broker for traders of all experience levels. Raw spreads, fast order execution and feature-rich trading platforms stack up well against competitors. We particularly rate the breadth of copy trading tools, including the easy-to-use IC Social App and ZuluTrade. Summary Pros & Cons Is IC Markets Regulated? We are comfortable that IC Markets is a legitimate and trustworthy broker, holding licenses with several top-tier regulators. This should reassure traders that the company follows industry-standard security measures. For example, client funds are held in segregated tier-one banks while the Australian and […]

Our Opinion On XTB: XTB stands out as one of the best forex and CFD brokers in . We find the xStation platform easy to use with a modern design and excellent analytical tools. Forex spreads are also lower than most competitors based on our tests, starting from 0.1 pips. In addition, the $0 minimum deposit makes XTB accessible to beginners. Looking at the drawbacks, there is a withdrawal fee which can be avoided at other forex brokers. The absence of copy trading may also deter some users. However these are minor complaints for us, and overall, XTB impresses for […]

Our Opinion On CMC Markets: CMC Markets is a top-rated forex broker with 330+ currency pairs and very low spreads from 0.0 pips. We especially rate the powerful trading platforms and loyalty scheme with discounts up to 28% on trading costs. Oversight from the FCA and ASIC also reassures us that the forex broker is trustworthy. Summary Pros & Cons Is CMC Markets Regulated? We are happy with the high levels of regulatory oversight at CMC Markets. The broker is regulated by the UK Financial Conduct Authority (FCA), Australian Securities & Investments Commission (ASIC), Canadian Investment Regulatory Organization (CIRO), and […]

Our Opinion On Vantage: Vantage is a suitable forex broker for traders of all experience levels. We found the sign-up process straightforward and appreciate the selection of fast, low-cost deposit options. Advanced charting software and high-quality copy trading tools also enhance the forex trading experience for us. On the negative side, withdrawal timelines are slower than some alternatives and regulatory protection at the offshore branch is weak. Overall though, Vantage is a good destination for online forex trading. Summary Pros & Cons Is Vantage Regulated? Our team are comfortable with the broker’s regulatory status, especially Vantage Global Prime Pty Ltd […]

Our Opinion On Skilling: Skilling is a trustworthy forex broker with no strategy restrictions, four excellent platforms, tight spreads from 0.1 pips and copy trading. We also rate the fast execution speeds and regulatory oversight from the CySEC. The broker does have a few weak points – notably the lack of market research and education – but overall we consider it a great option for aspiring forex traders. Summary Pros & Cons Is Skilling Regulated? Skilling is regulated by the Cyprus Securities and Exchange Commission (CySEC), license number 357/18. This is a strong enough body to ensure that the broker […]

Our Opinion on Eightcap: Eightcap is an award-winning, regulated forex broker that offers 800+ instruments through the reliable MetaTrader platforms. Stand-out features for us are the choice of account types to suit both beginners and experienced traders, low forex trading fees, and advanced tools like the AI-powered economic calendar. Eightcap does fall short when it comes to market research and the limited-time demo account, but it remains an excellent forex broker overall. Summary Pros & Cons Is Eightcap Regulated? Our team is pleased with Eightcap’s regulatory status, which includes licenses from multiple top-tier financial bodies providing good levels of client […]

Our Opinion On OANDA US: OANDA is a US-regulated forex broker with an excellent reputation. We highly rate the web platform which comes with sophisticated charting tools and a user-friendly interface. Our team also appreciate the wide range of 68 currency pairs – more than most forex brokers we test. In addition, the forex broker stands out for its Elite Trader Scheme, which offers up to a 34% discount on trading fees. On the negative side, we would like to see OANDA offer weekend customer support. We also find the range of investments narrow, with forex and crypto only. OANDA […]

Our Opinion On Fusion Markets: We rate the 90+ forex pairs available at Fusion Markets with very low fees. Oversight from a tier-one regulator, the Australian Securities & Investments Commission (ASIC), is also a reassuring sign that the broker is trustworthy. Our testing did find that Fusion Markets trails some alternatives when it comes to education, but it remains a good forex broker for new and experienced traders. Summary Pros & Cons Is Fusion Markets Regulated? We are satisfied with Fusion Markets’ regulatory credentials, though Australian traders will receive the best safeguards. Fusion Markets is regulated by the Australian Securities […]

Our Opinion On RoboForex: RoboForex is an award-winning forex and CFD broker. Standout features for us are the flexible STP and ECN accounts, 12,000+ instruments and one-day withdrawals. RoboForex does trail some brokers when it comes to the range of currency pairs and regulatory oversight, but we still rate the competitive trading conditions for traders of all stripes. Summary Pros & Cons Is RoboForex Regulated? RoboForex is regulated by the Financial Services Commission (FSC) in Belize, license number: 000138/437. The FSC requires license holders to self-report to ensure they comply with regulations, which include anti-money laundering and anti-fraud requirements, alongside […]

Our Opinion On Forex.com: Forex.com is a trustworthy broker with strong regulatory oversight and an excellent reputation. We rate the 80+ forex pairs available with very tight spreads and low to zero commissions. Based on our evaluation, Forex.com is suitable for both beginners and experienced traders with its user-friendly WebTrader, MetaTrader 4 and suite of third-party tools. We especially rate the education center and fee rebates for high-volume forex traders. Summary Pros & Cons Is Forex.com Regulated? Our team has no concerns about the legitimacy of Forex.com – the broker is regulated in all major trading jurisdictions, including the US, […]

Our Opinion On NinjaTrader: NinjaTrader is a US-regulated brokerage that specializes in futures trading. We consider it an excellent choice for active traders with flexible pricing plans and sophisticated algorithmic trading tools. On the negative side, beginners may find the software a steep learning curve and the demo account expires after just two weeks. Summary Pros & Cons Is NinjaTrader Regulated? We are comfortable that NinjaTrader is a legitimate and trustworthy broker, regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC).   NinjaTrader holds its funds in segregated accounts so client money is kept separate […]

Our Opinion On LQDFX: LQDFX is a forex broker with competitive trading conditions. Stand-out features for us are the range of STP accounts with fast execution speeds and spreads from 0.0 pips. We also rated the MetaTrader 4 platform during testing, especially for its sophisticated charting and automated trading capabilities. On the downside, LQDFX is not regulated by a trusted financial authority. We also think the narrow selection of payment methods is limiting and the market analysis trails the best forex brokers. Summary Pros & Cons Is LQDFX Regulated? LQDFX is an unregulated forex broker based in Saint Lucia. We […]

Our Opinion On FXCC: FXCC is an award-winning forex broker. During testing, we have been impressed with the ECN pricing that offers spreads from 0.0 pips, while the 70+ currency pairs provide better market coverage than most alternatives. The free VPS is also a bonus for active traders. On the negative side, there is a slim selection of trading platforms with access to MetaTrader 4 (MT4) only. Our team is also disappointed by the withdrawal fees and weak regulatory oversight through the offshore branch. Summary Pros & Cons Is FXCC Regulated? FX Central Clearing Ltd, operating as FXCC, is regulated […]

Our Opinion On Kwakol Markets: Kwakol Markets is a forex broker that offers trading on 90+ currency pairs. Positives for us are the competitive pricing on the STP and ECN accounts and regulatory oversight from the top-tier ASIC. Our testing did reveal some drawbacks, including the clunky client terminal and below-average customer support, but it remains an attractive option for traders familiar with the MetaTrader and cTrader platforms. Summary Pros & Cons Is Kwakol Markets Regulated? Kwakol is registered as an authorized finance company with the Australian Securities and Investments Commission (ASIC), ACN number 656 656 665, and a foreign […]

Our Opinion On Deriv: Deriv.com is a popular binary options and CFD broker. The platform stands out for its high leverage up to 1:1000 and proprietary trading products, including multipliers and synthetic indices. We rate the 24/7 binary options trading opportunities and high payouts up to $50,000. Our team also appreciate the fast sign-up process and low minimum deposit. On the downside, Deriv.com is not licensed by a top-tier regulator. There is also no copy trading or welcome promotions, which are available at alternative binary options brokers. Summary Pros & Cons Is Deriv.com Regulated?  Deriv is regulated by several offshore […]

Our Opinion On XM: XM is a top-rated forex broker with a range of account types to suit both beginners and experienced traders. We like that the brokerage offers 50+ currency pairs with feature-rich trading software in MetaTrader 4 and MetaTrader 5. Our team also appreciate the low spreads, fast execution speeds and excellent research, which makes XM a good forex broker for online traders. Summary Pros & Cons Is XM Regulated? Our team are comfortable that XM is a highly regulated forex broker. Through a network of local entities, the brokerage holds licenses in various countries, with oversight from […]

Our Opinion On FxPro: FxPro is a leading forex broker with 70+ currency pairs and ultra-fast execution speeds. We like the choice of reliable trading software, including MetaTrader, cTrader and the FxPro App. Another bonus for our experts is the strong oversight from reputable regulators. Our only major criticism is the fairly high fees on some instruments. Overall though, FxPro is an excellent choice for online forex traders. Summary Pros & Cons Is FxPro Regulated? We are pleased to see that FxPro is heavily regulated in the various countries where it has a presence. This makes the brand an attractive […]

Our Opinion On City Index : City Index is an award-winning forex broker with 80+ currency pairs and no minimum deposit. Strong points for us are access to MetaTrader 4 and TradingView, plus the fast execution speeds of 20ms. We also rate the below average spreads, which came in at 0.7 pips on the EUR/USD during testing. On the downside, there is no swap-free account for Islamic traders and the range of payment methods is narrow compared to some alternatives. However, these are minor complaints and not dealbreakers for us. Summary  Pros & Cons  Is City Index Regulated?  We have no […]

Our Opinion On Moneta Markets: Moneta Markets is a regulated forex broker with a low minimum deposit and a fast sign-up process. We particularly rate the ECN pricing with spreads from 0.0 pips and high leverage up to 1:1000 on over 45 currency pairs. On the negative side, the educational materials and demo account trail some forex brokers. Regulatory safeguards also vary depending on which entity you open an account with. Overall though, after testing Moneta Markets, our team is assured the broker has something to offer forex traders of all experience levels and trading styles. Pros & Cons Summary […]

Our Opinion On IG: IG is a multi-award-winning forex broker with 300,000+ clients. Key highlights for us are the easy-to-use web platform, 80+ currency pairs and fast account opening. IG does fall short when it comes to payment methods and copy trading, but we still consider it an excellent forex broker for both beginners and seasoned traders. Summary Pros & Cons Is IG Regulated? IG is one of the most strictly governed forex brokers that we have reviewed, holding licenses with several respected regulators. These include the UK Financial Conduct Authority (FCA), Australian Securities & Investments Commission (ASIC), US National […]

Our Opinion On OANDA: OANDA is a trustworthy forex broker with an excellent reputation. Our team particularly like the intuitive web platform and suite of market research tools. To improve its rating further, we would like to see lower spreads on popular assets and a wider range of instruments. Overall though, OANDA is a leading online broker, particularly for experienced forex traders. Summary Pros & Cons Is OANDA Regulated? We are comfortable that OANDA is heavily regulated and secure. The brand holds licenses with multiple regulators and provides various account safety measures. This includes segregating client money from company capital […]

Our Opinion On FBS: FBS is a multi-regulated forex and CFD broker with the MT4 and MT5 platforms. Our testing found competitive pricing on key currency pairs. We also rate the low minimum deposit and Cent account for beginners. Our only complaints are that the range of instruments and base currencies trails the best forex brokers. Summary Pros & Cons Is FBS Regulated? FBS in the EU is the business name of Tradestone Limited, a company regulated by the Cyprus Securities & Exchange Commission (CySEC). This is a reputable authority that monitors online brokers and their activities. Tradestone is a […]

Our Opinion On Pocket Option: Pocket Option is a leading binary options broker and for good reason – we are impressed with its high payouts, especially for forex pairs, plus its support for tools such as copy trading. We also rate the low minimum trade size of $1, which makes this broker an excellent choice for beginners who want to get started with binary options trading. Its weak regulatory oversight is our only major criticism. Summary Pros & Cons Is Pocket Option Regulated? Pocket Option is the trading name of Infinite Trade LLC. The brand is registered in the Republic […]

Our Opinion On Scope Markets: Scope Markets is a no-frills broker that offers forex trading on 70+ currency pairs through its Scope Trader platform and MetaTrader suite. The $50 minimum deposit is low and the fast account setup makes getting started straightforward. However, our tests highlight areas of concern: Scope Markets trails the top brokers in the trust department, while it has higher trading fees than the cheapest brokers, and lacks educational and research tools for beginners. Summary Pros & Cons Is Scope Markets Regulated? Scope Markets has an average trust score, lagging behind the best forex brokers in terms […]

Our Opinion On eToro: eToro is a good choice for beginners with a top-rated investing app and copy trading. We also like the comprehensive market access with over 3000 instruments spanning forex, stocks, commodities, and cryptos. Looking at the negatives, our team would like to see eToro lower its forex and CFD fees, which trail the cheapest brokers. Overall though, eToro is a trustworthy broker with more than 30 million users and an award-winning social trading platform. Summary Pros & Cons Is eToro Regulated? We are impressed with eToro’s regulatory coverage. The company is registered with well-regarded regulators and provides […]

Our Opinion On ZuluTrade : ZuluTrade is one of the largest social trading networks, allowing users to copy experienced forex traders through different brokers. Standout features from our standpoint are the transparent performance metrics to help you choose from 90,000+ traders, including the risk score and win rate. We also find the simulator particularly useful for assessing the performance of traders over different timeframes. Looking at the negatives, trading conditions and fees can vary between partner brokers. There is also limited formal vetting of traders, though ZuluGuard, which automatically monitors your account and stops copying if a trader deviates from their […]

Our Opinion On PrimeXBT: PrimeXBT is a forex and crypto broker that caters to both beginners and experienced traders. Highlights for me are the user-friendly platform with sophisticated charting and technical analysis tools. The fully digital and fast account opening also makes it easy to sign up and start trading. On the negative side, PrimeXBT trails the best forex brokers when it comes to regulatory oversight. I also think the educational materials are below average. Overall though, PrimeXBT offers a good margin trading experience on dozens of currency pairs. Summary Pros & Cons Is PrimeXBT Regulated? PrimeXBT is not regulated […]

Our Opinion On Plus500: Plus500 is a trustworthy forex and CFD broker. We like that you can trade thousands of instruments including 60+ currency pairs with tight spreads. Our team finds that Plus500 is a particularly good option for beginners with a low minimum deposit and a user-friendly platform. On the downside, experienced traders may be put off by the limited market research. Overall, we are impressed with Plus500’s competitive trading conditions and regulatory status. Summary Pros & Cons Is Plus500 Regulated? Our team can’t fault the broker in terms of its regulatory status. It is a respected global brand, […]

Our Opinion On IQ Option  : IQ Option is a popular binary options and CFD broker. Our team likes the beginner-friendly platform that lets you trade high/low options on popular currency pairs in one click. The $10 minimum deposit is also accessible and you can fund your account using a range of fee-free payment methods. On the negative side, the broker offers fewer forex pairs than many alternatives. IQ Option also trails other forex brokers when it comes to education and market research. Summary  Pros & Cons    Is IQ Option Regulated?   IQ Option operates with regulatory oversight in the EU. IQ […]

Our Opinion On ThinkMarkets: ThinkMarkets is a multi-award-winning forex broker. We like the fast sign-up process with no minimum deposit and low fees on the Standard and ThinkZero accounts. Our team also enjoy using the broker’s ThinkTrader platform, which offers a slick interface, dynamic charts and sophisticated analysis tools. Weak points for us are the average selection of payment methods and limited social trading tools, but these are very minor complaints. Overall, ThinkMarkets impresses as an excellent forex broker for traders of all skill levels and trading styles. Summary Pros & Cons Is ThinkMarkets Regulated? Very few forex brokers match […]

Our Opinion On LiteFinance: LiteFinance is a trustworthy forex broker regulated by the CySEC. Our team rates the high-quality trading platforms with both MetaTrader 4 and MetaTrader 5 available. We also like the forex copy trading tool for hands-off investors and appreciate the low minimum deposit. Looking at the downsides, our tests show that forex spreads in the Classic account are wider than many alternatives. Additionally, LiteFinance has a slim product portfolio. Summary Pros & Cons Is LiteFinance Regulated? We are satisfied with the regulatory status of LiteFinance. LiteForex (Europe) Limited is authorized by the Cyprus Securities and Exchange Commission […]

Our Opinion On FP Markets: FP Markets is a multi-regulated forex broker. What stands out for us are the excellent trading conditions for active traders, from fast execution speeds to deep liquidity and low spreads. Algo traders and scalpers are particularly well catered for with access to MT4, MT5, and cTrader, alongside VPS hosting. On the negative front, the copy trading app doesn’t rival the features of industry leaders based on our tests. The demo account also expires after 30 days and the sign-up process is lengthy. Overall though, FP Markets scores highly in our estimations, especially for serious forex […]

Our Opinion On FXTM: FXTM is a multi-regulated forex broker with over four million traders. Standout features based on our assessment are the ECN trading conditions with tight spreads from 0.0 pips and low commissions of $2. The fast execution speeds and reliable MetaTrader 4 platform will also serve active forex traders. Additionally, FXTM is fairly unique with its forex indices, which offer exposure to a basket of popular currencies. Considering the negatives, we found that spreads in the standard account trail the cheapest forex brokers. FXTM also offers a slim product portfolio compared to alternatives we test, with limited […]

Our Opinion On VT Markets: Our first-hand experience using VT Markets has generally been positive – the suite of platforms impresses with MT4, MT5 and TradingView, account opening is fast, and the Trading Central insights are useful for trading ideas. Considering the negatives, our tests show that trading fees in the STP account are on the high side, while the customer service, education and copy trading app trail the best forex brokers. Verdict: VT Markets is a good all-round forex broker with potential, but it doesn’t rival industry leaders yet. Summary Pros & Cons Is VT Markets Regulated? We see VT […]

My Opinion On Anzo Capital: Anzo Capital is a forex broker that ticks a lot of my boxes – it offers a choice of STP or ECN execution models, promising fair pricing and fast execution, and supports two leading platforms in MetaTrader 4 and MetaTrader 5. On the cover, this should be a broker to suit FX investors of all stripes and strategies, but there’s a lot more that makes a great broker, so I’ve done a deep dive and spent weeks testing Anzo’s services to discover whether it lives up to its promise and what sets it apart from […]

Our Opinion On IronFX: IronFX is a multi-regulated forex broker that offers 70+ currency pairs and supports a range of trading styles. We think it is an excellent choice for beginners with a fast sign-up process, a fixed spread account and a user-friendly copy trading platform. Our team also likes IronFX for automated forex trading, with access to MetaTrader 4, ECN pricing and a VPS. It does disappoint in some areas, though: withdrawal times are slower than other forex brokers. Our tests also revealed a $55 withdrawal fee on bank transfers and high inactivity penalties. Summary Pros & Cons Is […]

Our Opinion On CloseOption: Traders looking for straightforward binary options on popular forex pairs and cryptos will be well served by CloseOption. We rate the relatively high payouts up to 95% for active traders and the low minimum deposit of $5. The flexible contract lengths spanning 30 seconds to one month also provide both short and medium-term trading opportunities. On the negative side, CloseOption doesn’t offer binaries on stocks or commodities. Our team also note the limited regulatory oversight which reduces the firm’s safety score. Summary Pros & Cons Is CloseOption Regulated? Our team’s primary criticism is CloseOption’s weak regulatory […]

My Opinion On BDSwiss: I have been trading forex at BDSwiss and several things stand out. Firstly, the trading software and research tools are top-tier with MT4, MT5, Trading Central and Autochartist, though I also enjoy using the BDSwiss WebTrader. Additionally, I have been impressed with the flexible accounts and dynamic leverage, ensuring a range of strategies are catered for. The major sticking points for me are the weak regulatory credentials and trading fees in the entry-level account. BDSwiss is not authorized by a trusted regulator and spreads in the Classic account came in above average during my tests. Overall […]

My Opinion On Global Prime: Global Prime is a regulated forex broker with some significant strengths, including ASIC oversight, 60+ currency pairs, and fast execution speeds of 25ms on forex trades. However, for me it’s a mixed bag – I couldn’t ignore the global entity’s lack of negative balance protection or the overall weaknesses in educational content and forex research. I have tested diverse styles and strategies over weeks of trading with Global Prime to get the measure of the broker’s full range of services and how they stand up to the competition. Read my review to get the full, […]

Our Opinion On Axi : Axi, formerly AxiTrader, is a regulated forex broker with more than 60,000 traders. Standout features for us are the competitive trading conditions with a $0 minimum deposit, spreads from 0.0 pips and fast execution speeds. We also enjoy the integrated NexGen and Autochartist tools in the MetaTrader 4 platform that support technical analysis. On the downside, the demo account expires after 30 days and the range of instruments is narrow. We also think the copy trading app trails some alternatives. Summary  Pros & Cons Is Axi Regulated?  We can’t fault Axi’s regulatory status, with oversight from […]

Our Opinion On IQCent: IQCent is a popular binary options and CFD broker with a welcome bonus and 24/7 support. Our team finds that the high payouts up to 98% compare well to rivals and the brand caters to both short and long-term traders with binaries ranging from 5 seconds to 1 month. We note that IQCent operates with limited regulatory oversight, however the broker is a professional outfit with a beginner-friendly trading environment. Summary Pros & Cons Is IQCent Regulated? IQCent trails many forex brokers when it comes to regulatory oversight. The company is based offshore in the Marshall Islands and […]

Our Opinion On FXOpen: FXOpen is a multi-regulated broker with competitive trading conditions for forex traders. The pricing on its ECN account is particularly strong with discounts for high-volume traders. We also rate the choice of industry-leading platforms, including MetaTrader 4, MetaTrader 5 and TradingView. On the negative side, the account structure is complicated. FXOpen also trails the top brokers when it comes to non-trading costs with withdrawal fees and inactivity penalties. Summary Pros & Cons Is FXOpen Regulated? Our experts have no concerns regarding the legitimacy of FXOpen. The company has a good reputation and we found its record […]

My Opinion On BlackBull Markets: My tests show that BlackBull Markets is a good ECN broker. With execution speeds under 20ms, spreads from 0.0 pips and high leverage up to 1:500, the firm has a lot to offer serious forex traders. I also rate that you can access TradingView Pro if you trade one lot per month. Assessing the drawbacks, a $20,000 minimum deposit is needed for the best trading conditions. I also find the market research tools underwhelming and the withdrawal fees disappointing. Summary Pros & Cons Is BlackBull Markets Regulated? I am relatively satisfied with this forex broker’s […]

My Opinion On Videforex: Looking at the positives, Videforex offers binary options trading with flexible contracts from 5 seconds and high payouts up to 98%. I also enjoy using the trading platform with its sophisticated charting package, while the video support is helpful when you’re starting out. Looking at the negatives, the lack of reputable regulation reduces its trust score in my view. I also find the limited demo account and weak education downsides compared to alternatives. Finally, the copy trading service lacked robust reporting metrics during my tests. Summary Pros & Cons Is Videforex Regulated? Videforex is registered in […]

Our Opinion On Axiory: Axiory is a forex and CFD broker with an excellent choice of trading platforms, including MT4, MT5 and cTrader. We also rate the fast account opening and low $10 minimum deposit, making the broker accessible to beginners. However, our assessment shows that Axiory trails the best forex brokers in key areas. Notably, it has weak regulatory oversight, average trading fees and a narrow investment offering. Summary Pros & Cons Is Axiory Regulated? Axiory is registered with offshore regulators, and while this means the broker has more leeway to offer features like high leverage, it reduces the […]

My Opinion On SuperForex: SuperForex is an online broker that offers trading on 80+ currency pairs through the MetaTrader 4 platform. But how does it compare with alternatives? To find out, I tested every facet of SuperForex, evaluating its account types, reviewing its trading terms, and trying the platforms and tools. My verdict? While SuperForex has several strengths, including low entry requirements, decent market research and attractive promotions, I feel the broker is let down by high trading fees, a complicated account system and poor regulatory oversight. Summary Pros & Cons Is SuperForex Regulated? Regulatory oversight is an important factor […]

Our Opinion On NordFX: NordFX is an established forex broker that offers trading on 33 currency pairs via fixed- and floating-spread accounts. We like the broker’s flexible pricing model and wide range of payment methods, which will serve both beginners and experienced traders. Our team also rated the smooth sign-up process, which took us less than 5 minutes. On the negative side, the forex broker’s unregulated status is a weak point. NordFX also offers a slim product portfolio compared to many brokers we review. Summary Pros & Cons Is NordFX Regulated? NordFX is regulated by the Vanuatu Financial Services Commission […]

Our Opinion On FXCM: We consider FXCM an excellent broker – it is overseen by tier-one regulators, has a strong industry presence, and offers tight spreads on forex pairs. The suite of advanced platforms and code-free automated trading tools is particularly strong. FXCM does trail industry leaders when it comes to market access, but it remains a strong contender for both beginners and experienced traders. Summary Pros & Cons Is FXCM Regulated? FXCM has strong regulatory credentials with oversight from several respected financial watchdogs. This includes the UK Financial Conduct Authority (FCA) and the Australian Securities & Investments Commission (ASIC) […]

Our Opinion On Just2Trade : Based on our tests, Just2Trade is an excellent broker for active forex traders. Our evaluation has shown high-quality order executions with speeds of 50ms, alongside tight spreads from 0.0 pips. The brokerage also offers one of the largest investment offerings we have seen, with 35,000+ instruments, including dozens of currency pairs. Looking at the negatives, Just2Trade scores poorly when it comes to education, reducing its suitability for beginners. We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use.  Summary  Pros & Cons  Is Just2Trade Regulated?  Our […]

My Opinion On Admirals: I signed up with Admirals, traded forex on its platforms and evaluated the full suite of services, and what stands out is the market-leading tools, including MetaTrader Supreme Edition and Stereo Trader. I also compared the trading fees to alternatives and found that Admirals is noticeably cheaper, especially if you want to trade major forex pairs. However, my first-hand experience at the broker also reveals some negatives. For example, the $250 minimum deposit is on the high side of forex brokers I review, which may deter some beginners. Also, I found that you only get one […]

My Opinion On GOFX: I have spent weeks testing the services offered by GOFX, and this offshore broker has a few appealing draws, including very high leverage up to 1:3000 and a low starting deposit of $1. However, I cannot recommend it as a top pick due to the limited trading tools and transparency. This, paired with the lack of credible regulation and unresponsive customer support, leaves me looking at alternatives, though traders in the broker’s native Thailand may have better luck with GOFX. Summary Pros & Cons Is GOFX Regulated? The regulatory status of a broker is one of […]

ETX Capital rebranded to OvalX in 2022 before closing down in 2023. In shutting down its operations, ETX Capital sold its client book to Capital.com, which is accepting new clients. ETX Capital had a long history in the CFD trading and financial spread betting space, spanning 20+ years. However ultimately, the broker was unable to remain profitable in the face of industry headwinds and macroeconomic events. About ETX Capital When your parent company in London, has been around since 1965, expectations tend to rise for what you will offer. In 2002, when Monecor Ltd. Introduced TradIndex which would become ETX […]

Our Opinion On ForexChief : ForexChief is a promising forex broker. Standout features for us are the powerful MetaTrader 4 and MetaTrader 5 platforms and flexible STP/ECN accounts. The cashback rebates are also a great perk for active forex traders. However, we are underwhelmed by ForexChief’s regulatory credentials, which fall short of our expectations. The withdrawal fees charged on some payment methods can also be avoided at alternatives. Summary  Pros & Cons  Is ForexChief Regulated?  The broker’s weak regulatory status is our main criticism. ForexChief Ltd is regulated by the Vanuatu Financial Services Commission (VFSC), license number 14777. This offshore regulator […]

Our Opinion On GC Option: GC Option offers binary options trading on popular currency pairs with payouts up to 86%. It is one of the few forex binary options brokers that we use to offer the MetaTrader 4 platform and double-touch binaries. Other positives for us are the accessible starting deposit of $10 and the low minimum trade of $1. Looking at the negatives, GC Option isn’t good for medium to long-term trading, with contracts spanning 1 minute to 48 hours. The broker’s offshore status also reduces its trust score, although it is part of the reputable Grand Capital group. […]

My Opinion On easyMarkets: I enjoy the forex trading experience at easyMarkets. The low minimum deposit, fast sign-up process and reliable MetaTrader platforms make it straightforward to get started. I also rate the numerous risk management features, especially Deal Cancelation, which allows me to undo losing trades within 6 hours. Looking at the negatives, the investment offering is limited compared to major brokers. My testing also shows that spreads in the Standard account trail alternatives. Finally, I would like to see telephone support made available. Summary Pros & Cons Is easyMarkets Regulated? I feel comfortable that easyMarkets is reliable – […]

Our Opinion On Sage FX: Sage FX is an offshore forex broker with ECN and STP accounts. Our team are impressed with the low spreads from 0.1 pips and accessible minimum deposit of $10. The prop trading service with funded accounts up to $200K is also a fairly unique feature. Looking at the downsides, Sage FX’s unregulated status raises safety concerns for us. During testing, the TradeLocker platform also didn’t match reliable software like MetaTrader 4. Finally, the customer support and market research trails the best forex brokers we use. Summary Pros & Cons Is Sage FX Regulated? We are […]

Our Opinion On Amega: Amega offers the powerful MetaTrader 5 platform and the convenience of commission-free trading. Adding to the broker’s appeal is the no minimum deposit and straightforward sign-up process, which took us just a few minutes. However, Amega struggles to compete with the best forex brokers. The product portfolio is limited, while its research and educational tools could be improved. The notable weak point lies in regulatory oversight, a crucial factor influencing our assessment of the broker’s trustworthiness. Verdict: Amega is a no-frills forex broker with low entry requirements but it trails the top brokers. Summary Pros & […]