What is A Forex Broker ?
A Forex broker is an individual or a company that buys and sells currencies according to the investor's or trader’s decisions… They act like middle persons executing traders’ transactions (buy/sell) in the forex market.
No need to mention here, they are a really important part of the trading industry because without forex brokers, we couldn’t have transactions neither action in the retail forex market.
The spectacular rise of the forex came with the urgent need of multiple brokers, and mostly online brokers. This situation also opened the door to unscrupulous people and companies acting to scam traders. One of the important fact about forex brokers is that, you absolutely need to open a trading account before opening any trade.
Rank
|
Broker's Name
|
Broker's
Rating
|
Broker's Site
|
1
|
OANDA Corporation (FXTrade)
|
8.9
|
|
2
|
FXCM (Forex Capital Markets, LLC)
|
8.0
|
|
3
|
Esignal
|
7.5
|
|
4
|
MIG Bank
|
7.0
|
|
5
|
FX Solutions, LLC (FX Sol)
|
6.9
|
|
6
|
UFXBank
|
6.8
|
|
7
|
Alpari (Usa) Limited
|
6.7
|
|
8
|
Dukascopy Swiss Forex Bank
|
7.5
|
|
9
|
eToro
|
6.5
|
|
10
|
CMS Forex (Capital Market Services)
|
6.3
|
|
11
|
MB Trading (MBTFS)
|
6.1
|
|
12
|
CitiFX Pro (Citibank N.A.)
|
6.0
|
|
13
|
Interactive Brokers LLC (IBKR)
|
5.9
|
|
14
|
ACM (Advanced Currency Markets SA)
|
5.8
|
|
15
|
FOREXYARD (Safecap Investments Ltd.)
|
5.7
|
|
16
|
Windsor Brokers, Ltd
|
5.6
|
|
17
|
Forex4you (E-Global Trade & Finance Group)
|
5.5
|
|
18
|
Ava FX (Ava Capital Markets Ltd.)
|
5.4
|
|
19
|
FXDD (FX Direct Dealer)
|
5.3
|
|
20
|
Forex.com (GAIN Capital Holdings, Inc.)
|
5.2
|
|
21
|
Hot Forex (HF Markets Ltd.)
|
5.57
|
|
22
|
TradingPoint (Financial Instruments Ltd)
|
5.56
|
|
23
|
Delta Stock AD
|
5.55
|
|
24
|
Loyal Forex Financial Ltd
|
5.54
|
|
25
|
EXNESS
|
5.53
|
|
26
|
1pipfix
|
5.52
|
|
37
|
ACM (Advanced Currency Markets SA)
|
5.29
|
|
28
|
FXOpen
|
5.50
|
|
29
|
Forex Club Financial Company, Inc. (FxClub)
|
5.49
|
fxclub.com
|
30
|
WH SelfInvest Ltd
|
5.48
|
|
31
|
Admiral Markets Ltd.
|
5.47
|
|
32
|
FXD24 (FX direct S.A.)
|
5.46
|
|
33
|
Real Trade Group Ltd.
|
5.45
|
|
34
|
ATC Brokers (Avail Trading Corp.)
|
5.44
|
|
35
|
Invest Tech Fx Trading
|
5.43
|
|
36
|
FastBrokers (Fast Trading Services, LLC)
|
5.42
|
|
37
|
LiteForex
|
5.41
|
|
38
|
IFC Markets Corp.
|
5.40
|
|
39
|
FX Clearing (FX Clearing Group Inc.)
|
5.39
|
|
40
|
GO Markets Pty Ltd
|
5.38
|
|
41
|
4RunnerForex (M&S Investment Group, Inc.)
|
5.51
|
|
42
|
Marketiva
|
5.36
|
|
43
|
ACFX (AtlasCapital FX; formerly Atlas eForex)
|
5.36
|
|
44
|
FBS Markets Inc.
|
5.35
|
|
45
|
Markets.com
|
5.34
|
|
46
|
Kalita-Finance
|
5.33
|
|
47
|
MFFX (MF Financial Ltd. - Master/Money Forex)
|
5.32
|
|
48
|
Exto Capital SA
|
5.31
|
|
49
|
FXcast (Surplus Finance S.A.)
|
5.30
|
|
50
|
Think or Swim
|
5.51
|
|
51
|
Varengold Bank FX
|
5.28
|
|
52
|
BMFN (Boston Merchant Financial)
|
5.27
|
|
53
|
4XP (Forex Place Ltd.)
|
5.26
|
|
54
|
RoboForex
|
5.25
|
|
55
|
IG Markets
|
5.24
|
|
56
|
HY Markets
|
5.23
|
|
57
|
iForex
|
5.22
|
|
58
|
Nord FX (Nord Group Investments Inc.)
|
5.21
|
|
59
|
ActivTrades PLC
|
5.20
|
|
60
|
Akmos Trade (Forex Club)
|
5.19
|
|
61
|
Azurite Markets Ltd
|
5.18
|
|
62
|
Saxo Bank
|
5.17
|
|
63
|
XForex
|
5.16
|
|
64
|
One Financial Markets (One CFD)
|
5.15
|
|
65
|
Renesource Capital
|
5.14
|
|
66
|
TradeView Forex
|
5.13
|
|
67
|
FrontStocks Ltd
|
5.12
|
|
68
|
Corsa Capital Investments
|
5.11
|
|
69
|
Forex-Metal
|
5.10
|
|
70
|
MRC Markets (MoneyRain)
|
5.09
|
|
71
|
AKforex
|
5.08
|
|
72
|
Plus500
|
5.07
|
|
73
|
FxCompany Ltd
|
5.06
|
|
74
|
Finotec Trading UK Ltd
|
5.05
|
|
75
|
IamFX
|
5.04
|
|
76
|
alfa-Forex (Alfa-Bank)
|
5.03
|
|
77
|
Fibo Group, Ltd.
|
5.02
|
|
78
|
Questrade Inc.
|
5.01
|
|
79
|
InstaForex
|
5.00
|
|
80
|
Fx Clearance Group inc
|
4.99
|
|
81
|
Royal Bank of Scotland (RBS, ABN AMRO)
|
4.98
|
|
82
|
FXBEST
|
4.97
|
|
83
|
GCI Financial (GCI Trading)
|
4.96
|
|
84
|
CMC Markets
|
4.95
|
|
85
|
Easy Forex
|
4.94
|
|
86
|
Advanced Markets
|
4.93
|
|
87
|
Realtime Forex SA
|
4.92
|
|
88
|
finlot
|
4.91
|
|
89
|
FOREX Ukraine
|
4.90
|
|
90
|
FXM Financial Group
|
4.89
|
|
91
|
Fx Renew
|
4.88
|
|
92
|
ForexTG pty Ltd
|
4.87
|
|
93
|
X-Trade Brokers DM S.A. (XTB)
|
4.86
|
|
94
|
Inter Trade
|
4.85
|
|
95
|
Tadawul FX (now Liquid Markets)
|
4.84
|
|
96
|
Axi Trader
|
4.83
|
|
97
|
ACFX (AtlasCapital FX, Atlas eForex)
|
4.82
|
|
98
|
Jc Lyons
|
4.81
|
|
99
|
Bforex
|
4.80
|
|
100
|
Neto Trade
|
4.79
|
Sumber
http://www.forex-trading-relief.net