Below are the online forex brokers that are highly recommended. Why do we highly recommend these forex brokers? Well first of all, we dont. Our opinion plays no role in deciding which brokers make this list. The retail forex traders of the world determine these ratings. These are the 10 highest ratest brokers in the world based on over 99,000 ratings / reviews given by retail traders throughout the world and collected by our staff from numerous websites.

There are 10 online forex brokers on this list and we have over 500 brokers identified on this website. This is therefore, in the collective opinion of the worlds retail forex traders, the cream of the crop, the top 2%. Want more choices? Check out ourRecommended Forex Brokers List,ourTop Rated Online Forex Brokers List,which includes 100 online forex brokers along with their independent trader ratings, ourMost Popular Online Forex Brokers Listor for the ultimate in choice, ourAlphabetical List of Brokerswhich contains more than 500 forex brokers with links to their sites.

(The number in parenthesis behind the broker name is their independent trader rating. You can click on the regulation info to verify the brokers regulation. Languages link to the brokers site in that language)

FSCM (Mauritius),FCA (UK)CySEC (Cyprus)BaFin (Germany)AMF (France)FSB (SA)BA (Africa)

Metatrader 4, MT4 Mobile, MT4 Web, RapidTrader FIX/API by Integral

Micro, Premium, VIP, Zero Spread, Fixed, Currenex, HF Social, Islamic

ArabicBengaliBulgarianChinese SimplifiedChinese TraditionalEnglishFrenchGermanGreekIndonesianItalianKoreanMalayPersian / FarsiPolishPortugueseRussianSpanishThaiVietnamese

CySEC (Cyprus)FCA (UK)ASIC (Australia)BaFin (Germany)AMF (France)CNMV (Spain)FI (Sweden)MNB (Hungary)

Metatrader 4, MT4 Mobile, MT4 Multiterminal, MT4 Web

ArabicBengaliChinese SimplifiedChinese TraditionalCzechDutchEnglishFrenchGermanGreekHungarianIndonesianItalianJapaneseKoreanMalayPersian / FarsiPolishPortugueseRussianSpanishSwedishTagalogThaiTurkishVietnamese

cTrader, cTrader cAlgo, cTrader Mobile, cTrader Web, FIX API, Metatrader 4, Metatrader 5, MT4 Mobile, Myfxbook AutoTrade, SignalTrader, ZuluTrade Social

Standard, True ECN, cTrader ECN, Islamic Swap Free

Yes, funds held in National Australia Bank and Westpac Banking Corporation

100 round turn lots per month qualifies for sponsored VPS

CySEC (Cyprus)FCA (UK)BaFin (Germany)AMF (France)CNMV (Spain)CNB (Czech Rep)MNB (Hungary)IFSC (Belize)

Metatrader 4, Metatrader 5, MT4 Mobile, MT4 Multiterminal, MT4 Web, MT5 Mobile

Standard, Cent, ECN, ECN Zero, ECN MT5. ECN Strategy, Pro

ArabicChinese SimplifiedCzechEnglishFrenchHindiIndonesianItalianKoreanMalayPolishRussianSpanishThaiUrduVietnamese

CySEC (Cyprus)BaFin (Germany)CNMV (Spain)FI (Sweden)IFSC (Belize)NAFD (Russia)FMRRC (Russia)

Metatrader 4, Metatrader 5, MT4 Mobile, MT4 Web, MT5 Mobile

AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, PLN, SGD, USD

ArabicBengaliChinese SimplifiedEnglishFrenchGermanHindiIndonesianItalianKoreanMalayPersian / FarsiPortugueseRussianSpanishThaiUrduVietnamese

FIX API, Metatrader 4, MT4 Mobile, Myfxbook AutoTrade

Yes, held in trust account with Westpac Banking Corporation

Free through with 20 lots per month or discounted through Beeks FX VPS

cTrader, cTrader Mobile, cTrader Web, FxPro SuperTrader, Metatrader 4, Metatrader 5, MT4 Mobile, MT4 Multiterminal, MT4 Web, MT5 Mobile

MT4 Floating Instant, MT4 Floating Market, MT4 Fixed Instant, MT5 Floating Market, cTrader, SuperTrader

ArabicChinese SimplifiedEnglishFrenchGermanHindiHungarianIndonesianItalianJapaneseKoreanMalayPolishPortugueseRussianSpanishThaiUrduVietnamese

Charles FX Financial Ltd.- London, UK;GKFX Jie Kai Financial- Shanghai, China;GKFX Russia- Moscow, Russia;GKFX Prime- Road Town, Tortola, BVI;GKFX Securities Co., Ltd.- Tokyo, Japan;GKFX Trading Services Spain SL- Madrid, Spain

FCA (UK)BaFin (Germany)AMF (France)AFM (Netherlands)CONSOB (Italy)SECP (Pakistan)CNMV (Spain)FSC (BVI)

GKFX WebTrader, Metatrader 4, MT4 Multiterminal, MT4 Web

ArabicChinese SimplifiedChinese TraditionalCzechDutchEnglishFrenchGermanGreekHungarianIndonesianItalianKoreanPolishRomanianRussianSlovakSpanishSwedishVietnamese

cTrader, cTrader cAlgo, cTrader Mobile, cTrader Web, FIX API, Metatrader 4, Metatrader 5, MT4 Mobile, MT4 Web, Myfxbook AutoTrade

Yes, funds held in trust accounts with The National Australia Bank

AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD

ArabicChinese SimplifiedEnglishIndonesianJapaneseKoreanRussianSpanishThaiVietnamese

Dukascopy Europe IBS AS- Riga, Latvia;Dukascopy Japan Co.- Tokyo, Japan

FINMA (Switzerland)JFSA (Japan)FFAJ (Japan)FCMC (Latvia)

FIX API, Forex Trader Mobile, JForex, JForex Web, MT4 Bridge, SWFX Mobile

Available through personal Swiss bank accounts

AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, MXN, NOK, NZD, PLN, RUB, SEK, SGD, TRY, USD, ZAR

ArabicChinese SimplifiedEnglishFrenchGermanItalianJapanesePolishPortugueseSpanish

24 Oct 2017, Sydney, Australia – Finance Magnates -Clients will now be able to trade Ethereum, Bitcoin Cash, Dash Coin, and Litecoin . Retail brokers have continued to strengthen their cryptocurrency offerings in 2017. Fresh . . .

17 Oct 2017, Sydney, Australia – IC Markets Press Release -Trade View Investments (Trade View) a leading algorithmic trading firm has partnered with International Capital Markets Pty. Ltd. (IC Markets), the worlds . . .

11 Oct 2017, Sydney, Australia – FinanceFeeds Press Release -In addition to seeing potential trade opportunities automatically mapped to their trading platforms, clients will further be able to place trades directly from . . .

11 Oct 2017, Dubai, United Arab Emirates – LeapRate -LeapRate has learned from industry sources that FCA and CySEC regulated global forex broker FxPro has received a license to operate in the UAE from the Dubai Financial . . .

3 Oct 2017, Melbourne, Australia – LeapRate -LeapRate has learned that leading Australia based Retail FX broker Pepperstone has launched a new forex news, analysis and educational resources website called The FX Lounge, at .

2 Oct 2017, Sydney, Australia – XM -On the 27th September XM was awarded as Best Forex Execution Broker by Shares Magazines UK Forex Awards 2017. On XM winning this prestigious award, Marketing Director of XM . . .

31 Aug 2017, Tokyo, Japan – Finance Magnates -The Japanese Ministry of Finance (MoF) has issued two warnings against binary options and forex trading brokerages, one of them being HotForex and the other M Carlo Capital Limited.

22 Aug 2017, London, UK – FinanceFeeds News -The retail FX broker has stopped offering SuperTrader, the social trading platform that has been under review for several months. A short follow-up to FinanceFeeds earlier . . .

11 Aug 2017, Geneva, Switzerland – Finance Magnates -The new platforms interface is designed to use the latest cloud technologies to deliver a fast and reliable trading solution. Geneva-headquartered Dukascopy Bank SA, the . . .

28 Jul 2017, Melbourne, Australia – LeapRate -Leading Australia-based retail forex broker Pepperstone has announced the launch of a new Autochartist service to their clients, called Trade Now. In this launch Pepperstone . . .

14 Jul 2017, London, UK – Market Wired -The World Finance Forex Awards were created to shed light on the firms that are consistently evolving in a bid to provide their customers with the most cutting-edge technology and . . .

6 Jul 2017, London, UK – LeapRate -LeapRate has learned from sources close to the company that FCA regulated forex and CFDs broker GKFX has raised an additional 12 million pounds (USD $15. 5 million), to help fund the . . .

23 Jun 2017, London, UK – EXNESS News -Exness is pleased to announce that its UK entity, Exness Europe Limited (EEL), has received approval from the FCA to upgrade its permissions to a full scope, IFPRU 730k license.

12 Jun 2017, Geneva, Switzerland – SMN Weekly -Swiss forex brokerage Dukascopy Bank announced the release of its new web platform JForex Web 3. According to the company, it offers better performance and improved user . . .

28 Jul 2017, Melbourne, Australia – LeapRate -Leading Australia-based retail forex broker Pepperstone has announced the launch of a new Autochartist service to their clients, called Trade Now. In this launch Pepperstone . . .

14 Jul 2017, London, UK – Market Wired -The World Finance Forex Awards were created to shed light on the firms that are consistently evolving in a bid to provide their customers with the most cutting-edge technology and . . .

6 Jul 2017, London, UK – LeapRate -LeapRate has learned from sources close to the company that FCA regulated forex and CFDs broker GKFX has raised an additional 12 million pounds (USD $15. 5 million), to help fund the . . .

23 Jun 2017, London, UK – EXNESS News -Exness is pleased to announce that its UK entity, Exness Europe Limited (EEL), has received approval from the FCA to upgrade its permissions to a full scope, IFPRU 730k license.

12 Jun 2017, Geneva, Switzerland – SMN Weekly -Swiss forex brokerage Dukascopy Bank announced the release of its new web platform JForex Web 3. According to the company, it offers better performance and improved user . . .

31 May 2017, Sydney, Australia – Finance Magnates -Clients at IC Markets will gain full access to the MT5 platform, complete with new backtesting capabilities. IC Markets, an online provider of foreign exchange (FX) services . . .

18 May 2017, Port Louis, Mauritius – PRNewsWire -The prestigious award is a recognition of the forex brokers business excellence at an international level. Online forex and commodities broker, HotForex was acknowledged . . .

18 May 2017, London, UK – LeapRate -LeapRate has learned via regulatory filings that Cyprus-based retail forex broker Exness has made an application to the UK financial regulator FCA to increase the scope of its FCA-licensed . . .

17 May 2017, London, UK – FinanceFeeds News -The ASA has found that a TV ad for FxPro breaches social responsibility rules as it placed undue emphasis on the potential benefits of investing in a high-risk financial product . . .

17 May 2017, London, UK – Finance Magnates -The company goes live with a new margin/credit trading platform catering to forex leverage and CFDs traders. TradAir, an international technology provider for banks, brokers, and . . .

11 May 2017, Johannesburg, South Africa – LeapRate -Global retail forex broker HotForex has announced the launch of a dedicated office in Johannesburg. HotForex is a unified brand name of the HF Markets Group, which includes . . .

11 Apr 2017, Limassol, Cyprus – MetaQuotes -Migration of major brokers to MetaTrader 5 is well underway. On April 2017, , IC Markets and Hedge Total have announced the launch of the multi-asset HFT platform.

5 Apr 2017, London, UK – XM -XM Group (Trading Point Group), a leading Forex and CFD broker and the official trading partner of the Fastest Man in the World Usain Bolt, has been recognized as Best Forex Service . . .

15 Mar 2017, Melbourne, Australia – LeapRate -Financial trading technology provider Tradency has announced that leading Australian retail forex broker Pepperstone is set to launch Tradencys MirrorTrader service. The . . .

9 Mar 2017, Australia – LeapRate -Financial research outlet Investment Trends has released its latest report on the Australia foreign exchange trading sector, showing continued growth of the Retail Forex sector down under.

9 Mar 2017, Limassol, Cyprus – SMN Weekly -EU forex broker ForexTime, or FXTM, has added negative balance protection to all client accounts, the broker said on Thursday. This means that traders loss is limited to the amount . . .

28 Feb 2017, London, UK – LeapRate -LeapRate has learned that Australia-based retail forex broker Pepperstone has suspended trading for clients in its UK subsidiary Pepperstone Limited. LeapRate had exclusively reported last . . .

26 Jan 2017, Larnaca, Cyprus – Finance Magnates -Some brokers have just re-named the bonus offerings and still able draw clients in with gimmicks and promotions. Two months after CySEC issued a circular informing regulated . . .

18 Jan 2017, Melbourne, Australia – SMN Weekly -International forex brokerage Pepperstone announced on Wednesday it has released a Trade Simulator for the MetaTrader 4 (MT4) trading platform. The tool is designed for . . .

11 Jan 2017, London, UK – Finance Magnates -FxPro had stepped up plans for a float early this year after sounding out potential advisers. Multi-asset retail brokerage FxPro brand, a Cyprus-based and FCA regulated platform, . . .

22 Nov 2016, London, UK – XM -XM Group is pleased to announce the commencement of operations of its UK entity XM UK (Trading Point of Financial Instruments UK). XM UK, situated in what is known as the worlds . . .

18 Nov 2016, London, UK – FxPro Press Release -For the fourth year running, FxPro has been selected by the readers of Shares Magazine as their preferred broker and received the Best FX Broker Award at the annual Shares . . .

17 Nov 2016, Dubai, UAE – PRNewsWire -HotForex won the Best Forex Broker Middle East Award 2016 at the 17th MENA FFXPO Dubai. HotForex was chosen by the 17th MENA FFXPO Dubai, one of the leading financial exhibitions in . . .

3 Nov 2016, London, UK – Finance Magnates -GKFX has secured investments from its owners in two previous funding rounds. UK-based FCA-regulated broker GKFX Financial Services limited, known by its GKFX brand, has raised 3. 5 . . .

10 Oct 2016, Pretoria, South Africa – SMN Weekly -Dually-licensed forex brokerage XM has applied for a financial service provider license with the Financial Services Board (FSB) of South Africa, according to data published . . .

4 Oct 2016, Port Louis, Mauritius – PRNewsWire -Global Banking & Finance Review honored HotForex eith the Best New Forex Broker South Africa 2016 Award. Online forex and commodities broker, HotForex added one more trophy . . .

26 Sep 2016, London, UK – LeapRate -LeapRate has learned that ASIC regulated, Melbourne, Australia based retail forex broker Pepperstone is getting set to announce a major expansion in the UK and Europe. One of Australias . . .

6 Sep 2016, London, UK – EXNESS News -Leading forex broker Exness is pleased to announce that its UK entity, Exness Europe Limited, has received regulatory approval from the Financial Conduct Authority (FCA), under . . .

23 Aug 2016, Limassol, Cyprus – SMN Weekly -Cyprus-regulated forex broker ForexTime, or FXTM, said on Tuesday it is raising the leverage rate for all trading accounts on its ECN accounts to a maximum 1,000:1. The change will . . .

19 Aug 2016, Nicosia, Cyprus – Cyprus Securities and Exchange Commission -The Board of the Cyprus Securities and Exchange Commission (the CySEC) wishes to inform investors that, at its meeting held on January 18, 2016, . . .

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.