Online Forex Broker Reviews

Investopedia has created the most comprehensive tool set to help traders of all styles make an informed, efficient, and intelligent decision in choosing your next online broker. Below you will find comprehensive reviews, platform walkthroughs, and ratings on transparency and fees.

  • IG Trading 2018
    OVERALL RATING
    IG Trading provides direct access to an industry-leading breadth of financial markets - from Forex and CFDs to commodities and cryptocurrencies - and account types with relatively low spreads and commissions. IG received a score of 4.3 out of 5 from Investopedia....read more
  • FOREX.com (Gain Capital) 2018
    OVERALL RATING
    Owned by GAIN Capital (NYSE: GCAP), FOREX.com received a score of 4.2 out of 5 from Investopedia....read more
  • Interactive Brokers 2018
    OVERALL RATING
    Interactive Brokers' sophisticated trading technology and worldwide coverage make it a top choice for both market professionals and at-home traders....read more
  • IronFX 2018
    OVERALL RATING
    IronFX provides access to a broad selection of financial markets, including Forex, CFDs and commodities, through a variety of account types from micro accounts to non-dealing desk accounts. IronFX received a score of 4.2 out of 5 from Investopedia....read more
  • AvaTrade 2018
    OVERALL RATING
    AvaTrade provides access to a broad selection of financial markets including Forex, cryptocurrencies, stock indices and commodities as well as a wide variety of trading platforms on which to trade those financial assets. AvaTrade received a score of 4.0 out of 5 from Investopedia....read more
  • Dukascopy 2018
    OVERALL RATING
    Dukascopy is an EU-licensed investment broker, 100% owned by the Swiss Forex Bank Dukascopy Bank SA....read more
  • OANDA 2018
    OVERALL RATING
    One of the most experienced forex dealers, OANDA's service focuses on individual spot forex and CFD traders around the globe....read more
  • Pepperstone 2018
    OVERALL RATING
    Pepperstone is an Australian based online retail forex and contract for difference broker. Pepperstone is suited for novice to advanced investors with platforms including cTrader and MetaTrader 4 giving its client global access. Pepperstone received a score of 4.0 out of 5 from Investopedia....read more
  • XTB 2018
    OVERALL RATING
    In business for 14 years, XTB is one of the largest publicly-traded Forex and CFD dealers in the market. XTB received a score of 4.0 out of 5 from Investopedia....read more
  • City Index 2018
    OVERALL RATING
    City Index is an online foreign exchange and contract for difference provider based in the UK. We'll introduce you to some of the key features available to City Index clients, including news and analysis tools, trading platforms, tradable products, and customer support. City Index received a score of 3.9 out of 5 from Investopedia....read more
  • Saxo Bank 2018
    OVERALL RATING
    Saxo Bank is registered in the UK and provides direct access not only to the Forex, CFD, Equities, Futures and Bond markets through a proprietary trading platform but also to standard options on Forex, Equities, Indices and Futures. Saxo Bank received a score of 3.9 out of 5 from Investopedia....read more
  • London Capital Group (LCG) Forex 2018
    OVERALL RATING
    London Capital Group (LCG) provides access to a broad selection of financial instruments across nine different asset classes including Forex, cryptocurrencies, indices, commodities, bonds, and individual shares. They offer competitively low spreads and no commissions. London Capital Group (LCG) received a score of 3.8 out of 5 from Investopedia....read more
  • Swissquote 2018
    OVERALL RATING
    A Forex dealer with deep roots in European banking, Swissquote received a score of 3.8 out of 5 from Investopedia....read more
  • TrioMarkets 2018
    OVERALL RATING
    TrioMarkets is a newer ECN/STP dealer seeking to offer a "pleasant, effective and top-notch environment for traders" by offering straight through processing or a spread-markup with traditional MT4 trading platforms, innovative social trading, APIs, and PAMM accounts. TrioMarkets received a score of 3.8 out of 5 from Investopedia....read more
  • CMC Markets 2018
    OVERALL RATING
    Founded in 1989, CMC Markets is an experienced forex and CFD dealer located in the UK. CMC Markets received a score of 3.6 out of 5 from Investopedia....read more
  • FXCM 2018
    OVERALL RATING
    FXCM has been a major player in the retail Forex market since its founding in 1999. While the firm has expanded its offerings to include indices and commodities CFDs, its primary focus and strengths are still in the Forex market. FXCM received a score of 3.6 out of 5 from Investopedia....read more
  • Trade.com 2018
    OVERALL RATING
    Located and registered in Cyprus, Forex, shares and CFD dealer Trade.com received a score of 3.6 out of 5 from Investopedia....read more
  • FxPro 2018
    OVERALL RATING
    Founded in 2006, FxPro is a Forex and CFD dealer registered in the UK and Cyprus. FxPro received a score of 3.5 out of 5 from Investopedia....read more
  • 24option 2018
    OVERALL RATING
    Registered in Cyprus, 24option offers access to shares, Forex, cryptocurrencies, and indices through a proprietary online trading application or MetaTrader 4. 24option received a score of 3.4 out of 5 from Investopedia....read more
  • Questrade 2018
    OVERALL RATING
    A Toronto-based online brokerage that provides Canadians with convenient access to U.S. markets at a reasonable price....read more
  • MARKETS.COM 2018
    OVERALL RATING
    A subsidiary of Safecap Investments Ltd., MARKETS.COM, offers trading in more than 2,000 markets and received a score of 3.1 out of 5 from Investopedia....read more
  • iForex 2018
    OVERALL RATING
    Located in Greece, Forex and CFD dealer iForex received a score of 3.0 out of 5 from Investopedia....read more
  • Plus500 2018
    OVERALL RATING
    Plus500 is a streamlined broker that focuses on trading in a wide range of financial markets with relatively low spreads and no commissions without offering many ancillary services. Plus500 received a score of 2.3 out of 5 from Investopedia....read more
  • Barclays Trading Hub 2018
    OVERALL RATING
    A CFD and spread-betting trading hub for the United Kingdom's international banking and financial services giant....read more
  • EToro Platform Walkthrough
    eToro is a social investment network which allows investors to trade instruments ranging from crypto-currencies to stocks to CFDs. It's "Copy Funds" enables investors to learn and borrow invest ideas. Its platform befits somebody seeking a social trading experience....read more

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*You should always independently verify and/or seek information from your legal, finance, or tax advisor as to whether a specific broker is right for you. Please note that not all brokers reviewed by Investopedia offer services in your geographic region. Additionally, Investopedia may receive compensation from certain broker-dealers referral programs when you click on links to their services, and/or submit an application or get approved for a brokerage account.