Compare Forex Brokers
The table below allows you to compare currency trading brokers based on broker type, account minimums and more. Click the review button to read an in-depth review, including company information, trading platforms and account types.
| Broker |
Description |
Account |
STP |
ECN |
More |
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FXCM offers 50+ currency pairs, Metals, CFD's, Spread Betting, Metatrader 4, FX Trading Station II, Variable Spreads, mobile trading apps, Scalping allowed,...
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$50 |
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Forex.com offers 40+ currency pairs, Spot metals, CFDs, Metatrader 4, One-Click-Trading, Gain GTX ECN Platform, Free EA Hosting, Mobile apps: iPhone, Android, Smartphone apps,.. |
$250 |
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HotForex offers 40+ currency pairs, 8 Trading platforms including Metatrader 4 & Mobile apps, NDD/DMA execution, Forex Bonuses, Variable Spreads, PAMM Accounts,... |
$5 |
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FXGM offers 25+ currency pairs, Fixed spreads as low as 2 pips, 3 Trading platforms including PROFit, Metatrader 4 & iPhone. Free forex signals, Welcome bonus, Free eBook, Free training, Free online trading course,... |
$250 |
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YoutradeFX offers 40+ currency pairs, Multiple trading platforms including Metatrader 4 & 5 and Mirror Trader, Social trading, Stock trading, Mobile trading, CFD, Account bonus, Daily forex signals, Market analysis,... |
$100 |
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XEMarkets offers 50+ currency pairs, Precious Metals, Energies & Equity Indices trading. Metatrader 4, MAN, Mobile apps for iPhone, iPad & Android. Spreads as low as 1 pip, no commission, ... |
$5 |
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AvaFX offers 40+ currency pairs, CFD trading, Stocks, Metatrader 4, Mirror Trader, Zulutrade, Ava Mobile Trading (iPhone, Android, Blackberry), Free $100K demo, Welcome bonus, Free live webinars & trading courses |
$100 |
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SunbirdFX offers spreads as low as 0.7 pips, Metatrader 4/5, MT4 ECN trading, Expert advisors allowed, Scalping allowed, Automated trading, Metals, CFDs,... |
$100 |
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Markets.com offers 40+ Currency Pairs, Indices, Gold, Oil, Silver & Soybean trading. Metatrader 4, MarketTrader, Sirix WebTrader& Mobile applications. Leverage up to 200:1. |
$100 |
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EasyForex offers fixed spreads, Gold, Oil, Silver & Commodities trading, One-click-dealing, Trade Controller, Inside Viewer, Leverage up to 200:1. |
$25 |
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Finexo offers fixed spreads as low as 3 pips. Metatrader 4 platform, WebTrader & Mobile apps. Leverage up to 200:1. Scalping & hedging allowed. |
$100 |
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eToro offers competitive fixed spreads. OpenBook, Copy.Me, Mobile apps & WebTrader. Leverage up to 400:1. Basic, Demo, Premium, Islamic forex trading accounts.
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$50 |
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Plus500 offers fixed spreads from 2 pips on EUR/USD. Standard & Islamic forex accounts. Windows Trader & Mobile apps. Regulated by FSA (UK).
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$100 |
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Forex Broker Types
 STP Forex Broker: STP Straight Through Processing brokers employ a no dealing desk (NDD) model. As a result, they never trade against their clients. Instead, they route all client orders directly to the interbank market.
ECN Forex Broker: ECN stands for Electronic Communication Network. An ECN broker earns its revenue from charging a commission per trade side. They do not make any revenue through the bid/ask spread or profiting directly from its clients' losses.
Market Makers (MM): MM employ a dealing desk (DD) model profiting from its clients' losses and through the bid/ask spread. Market makers doesn't offer STP or ECN order execution.
Why Do I Need A Forex Broker?
Forex brokers are an intermediary between currency traders and the interbank that match up buyers and sellers in the market. They connect you to the forex market itself. As a result, if you want to trade currencies, you're going to need a forex broker.
Find A Broker
The broker directory includes STP brokers, STP/ECN brokers, Metatrader 4 ECN brokers, low spread brokers, scalping brokers, high leverage brokers, mini & micro brokers and currenex brokers.
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