⭐ 2021 Forex Brokers List

Forex broker Country Regulation Popularity
Journal
SVGnot regulated average12Trader
SVGnot regulated average7Bforex
GreeceHCMC averageAAAFx
CyprusCySEC low visitsAAATrade
SVGnot regulated averageAAFX
UKFCA low visitsAbshire-Smith
UKFCA, SCB top visitedActivTrades
AustraliaASIC averageACY Securities
UKFCA, CySEC, EFSA, ASIC top visitedAdmiral Markets
UAECB, FCA, SFC top visitedADSS
Cayman Isl.ASIC low visitsAdvanced Markets
MontenegroSCMN averageAGEA
UAECB low visitsAlfa Financial
South AfricaFSCA least visitedAlfa Financials
MauritiusFCS top visitedAlpari
SVGnot regulated averageAM Broker
SVGnot regulated averageAMarkets
LatviaFCMC averageAmenda Markets
CyprusCySEC AvergaeAMP Global
BelizeIFSC AverageAnzo Capital
CyprusCySEC low visitsArgusFX
Marshall Isl.not regulated low visitsAssetsFX
Cayman Isl.CIMA low visitsATC Brokers
MauritiusFSC, FCA, CySEC, ESMA EU averageATFX
SVGnot regulated low visitsATIORA
BelizeIFSC least visitedAtlasForex
BVIASIC, FSC, FSA, FSCA, CBI averageAvaTrade
SVGnot regulated averageAXES
SVGFCA, DFSA, ASIC top visitedAxi
BelizeIFSC top visitedAxiory
AustraliaASIC low visitsBAXTER-FX
SeychellesFSA, FSC, CySEC averageBDSwiss
SeychellesFSA low visitsBlackBull Markets
UKFCA least visitedBlackwell Global
AustraliaASIC averageBlueberry Markets
BulgariaFSC, BNB low visitsBulbrokers
SVGnot regulated averageCabana Capitals
UKFCA low visitsCapital Index
MauritiusFSC low visitsCapital Street FX
CyprusFCA, CySEC Top visitedCapital.com
UKnot regulated low visitsCapproFx
SVGnot regulated low visitsCedarFX
MauritiusFSC averageCFI Financial Group
SVGnot regulated low visitsCIBfx
SwitzerlandFINMA averageCIM Bank
UKFCA low visitsCity Credit Capital
UKFCA, ASIC, MA AverageCity Index
UKFCA low visitsCIX Markets
AustraliaASIC, FINTRAC AverageCJC Markets
SVGnot regulated low visitsCLMarkets
SeychellesFSCA averageCM Trading
UKFCA, ASIC, IIROC, MA, FMA top visitedCMC Markets
SVGnot regulated low visitsCMSTrader
SwitzerlandFINMA low visitsCornertrader
BelizeIFSC low visitsCPT Markets
UKFCA low visitsCPT Markets UK
UKFCA top visitedDarwinex
BulgariaFSC averageDeltaStock
Malta, MalaysiaFSA, FSA, FSC, FSC highDeriv
PortugalCMVM low visitsDIF Broker
SwitzerlandFINMA, FCMC, JFSA top visitedDukascopy Bank SA
CyprusCySEC averageeasyMarkets
AustraliaASIC averageEightCap
CyprusCySEC, FCA, ASIC top visitedeToro
UKFCA averageETX Capital
SVGOCIF, FSC averageEuro Pacific Bank
CyprusCySEC, CIMA, FSA low visitsEverFX
SVGnot regulated averageEvolve Markets
CyprusCySEC, FCA, SFC AverageEXANTE
SeychellesFSA, CySEC, FCA top visitedEXNESS
BelizeIFSC, CySEC top visitedFBS
BVIFSC, CySEC averageFIBO Group
SVGnot regulated low visitsFidelis Capital Markets
Vanuatunot regulated top visitedFinancika
Bermudanot regulated low visitsFondex
USCFTC NFA IIROC, FCA, ASIC, MA, FFAJ, CIMA top visitedFOREX.com
SVGnot regulated low visitsForex.ee
BVIFSC top visitedForex4you
VanuatuVFSC AverageForexChief
IndonesiaBAPPEBTI AverageFOREXimf
SVGnot regulated averageForexMart
SVGnot regulated averageFortFS
CanadaIIROC, FCA, ASIC, NBRB, CySEC averageFortrade
AustraliaASIC, CySEC low visitsFP Markets
SVGnot regulated averageFreshForex
SVGnot regulated averageFullerton Markets
SVGnot regulated low visitsFW Markets
CyprusCySEC, VFSC averageFXCC
BelizeIFSC top visitedFXChoice
UKFCA, ASIC top visitedFXCM
MaltaFSA, FSC averageFXDD
GermanyBaFin low visitsFXFlat
Bermudanot regulated averageFXGiants
CyprusCySEC low visitsFXGlobe
SVGnot regulated averageFXGlory
CyprusCySEC, FSP AverageFXGM
BelizeIFSC low visitsFxNet
Marshall Isl.not regulated low visitsFxOnUs
Nevisnot regulated top visitedFXOpen
SeychellesFSA low visitsFXORO
VanuatuVFSC low visitsFXPIG
Marshall Isl.not regulated low visitsFxPlayer
CyprusCySEC, FSCA, VFSC averageFXPRIMUS
UKFCA, CySEC, SCB, FSCA, DFSA averageFxPro
MauritiusFSC, CySEC, FCA top visitedFXTM
AustraliaASIC low visitsFXTRADING
CyprusCySEC Top visitedFxview
SVGnot regulated low visitsGAINSY
CyprusCySEC, BaFin, FCA low visitsGBE brokers
SVGnot regulated low visitsGCI
VanuatuVFSC top visitedGerchik Co
SVGnot regulated least visitedGetzCapital
MaltaFSA low visitsGKFX
BVIFSC low visitsGKFX Prime
AustraliaASIC, VFSC averageGlobal Prime
AustraliaASIC averageGO Markets
BelizeIFSC, SCB averageGQFX
SVGnot regulated averageGrand Capital
Marshall Isl.not regulated low visitsGrinta Invest
CyprusCySEC, CNMV averageGTCM
MauritiusFSC, FCA, ASIC, SC low visitsHantec Markets
UKFCA low visitsHirose UK
SVGCySEC, FCA, DFSA, FSCA, FSA top visitedHotForex
UKFCA low visitsHouse Of Borse
IndonesiaBAPPEBTI low visitsHSB
SVGnot regulated Top visitedHugos Way
UKFCA, CySEC, CIMA, FSA averageHYCM
USCFTC SEC FINRA SIPC IIROC, FCA, ASIC, CSSF, SFC, SEBI, NSE, BSE, FFAJ, JSDA top visitedIBKR
AustraliaASIC top visitedIC Markets
MalaysiaFSA AverageICE FX
UKFCA low visitsICM Capital
CyprusCySEC, FSC averageIFC Markets
BVIFSC, CySEC top visitediFOREX
AustraliaASIC least visitedIFS Markets
South AfricaFSCA AverageIFX Brokers
BermudaBMA top visitedIG
SVGnot regulated low visitsIMMFX
BahamasSCB, FSCA AverageINFINOX
BVIFSC top visitedInstaForex
GibraltarGFSC, FCA low visitsIntertrader
Bermudanot regulated averageIronFX
TurkeyCMB low visitsISIKFX
SVGnot regulated low visitsJCMFX
VanuatuVFSC low visitsJuno Markets
CyprusCySEC AverageJust2Trade
SVGnot regulated top visitedJustForex
MauritiusFSC, FCA averageKey to Markets
SVGnot regulated averageLand-FX
Marshall Isl.not regulated low visitsLarson and Holz
Cayman Isl.CIMA, SCB, CySEC, FCA averageLCG
SVGnot regulated low visitsLCM-FX
VanuatuVFSC averageLegacyFx
CyprusCySEC averageLibertex
UKFCA low visitsLider Forex
CyprusCySEC low visitsLIRUNEX
Marshall Isl.CySEC top visitedLiteForex
UKFCA averageLMAX
SVGnot regulated averageLMFX
Marshall Isl.not regulated averageLQDFX
SeychellesFSA low visitsM4Markets
CyprusCySEC, FSCA, ASIC top visitedMARKETS.COM
AustraliaASIC low visitsMEX Exchange
IndonesiaBAPPEBTI low visitsMIFX
VanuatuVFSC low visitsMilton Markets
SVGnot regulated low visitsMocaz Financial Markets
SVGnot regulated averageMTrading
BVIFSC, DFSA averageMultiBank Group
SVGnot regulated averageNBH Markets
VanuatuVFSC, CySEC averageNordFX
SVGnot regulated averageNPBFX
MaltaMFSA low visitsNSBroker
MaltaFSA averageNSFX
USCFTC SEC IIROC, FCA, MA, ASIC, FFAJ, MFSA top visitedOANDA
SVGnot regulated top visitedOctaFX
SVGnot regulated highOlymp Trade
UKFCA, FSCA, ASIC low visitsOne Financial Markets
MauritiusFSC averageOrbex
SVGnot regulated top visitedOspreyFX
New ZealandFSPR low visitsPacific Financial Derivatives
SVGnot regulated averagePaxForex
AustraliaASIC, FCA top visitedPepperstone
UKFCA low visitsPhillipCapital UK
CyprusCySEC, FCA, ASIC, MA top visitedPlus500
UKFCA low visitsPrice Markets
CyprusCySEC low visitsPriorFX
Belizenot regulated low visitsProfiforex
UKnot regulated low visitsProfx Market
AustraliaASIC low visitsRakuten Securities
Nigerianot regulated averageRally Trade
SVGnot regulated low visitsRange Markets
LatviaFCMC low visitsRenesource Capital
BelizeIFSC top visitedRoboForex
New ZealandFSPR low visitsRockfort Markets
CyprusCySEC, ASIC, CMA low visitsRoyal
SVGFINTRAC averageSamtrade FX
DenmarkFINMA, FSA, FCA top visitedSaxo Bank
BelizeIFSC AverageScope Markets
IrelandCBI, FSC, FSA low visitsSentry Derivatives
SVGnot regulated low visitsSeven Star FX
SVGnot regulated top visitedSimpleFX
CyprusCySEC, FCA AverageSkilling
CyprusCySEC AverageSquaredFinancial
BelizeIFSC averageSuperForex
KuwaitKCCI low visitsSwiss FS
SwitzerlandFINMA, SBA top visitedSwissquote Bank
KuwaitCMA low visitsSword Capital
USFINRA CFTC NFA SEC US top visitedTD Ameritrade
VanuatuVFSC low visitstegasFX
CyprusCySEC averageTeleTrade
UKFCA low visitsTeraFX
BermudaFCA, ASIC averageThinkMarkets
UKFCA, CySEC, FSA top visitedTickmill
VanuatuVFSC averageTifia
BahamasSCB AverageTigerWit
VanuatuVFSC top visitedTitan FX
VanuatuVFSC, ASIC AverageTMGM
SeychellesFSA low visitsTopFX
CyprusCySEC low visitstrade.Berry
CyprusCySEC, FSCA averageTRADE.com
Vanuatunot regulated low visitsTrade12
Marshall Isl.not regulated averageTrade360
CyprusCySEC least visitedTradeApp
UKnot regulated low visitsTradeFxP
CyprusCySEC low visitsTradeo
BermudaBMA averageTraders Trust
Dominicanot regulated top visitedTraders Way
Cayman Isl.CIMA averageTradeview
UKFCA, FSC top visitedTrading 212
SVGnot regulated low visitsTradize
MauritiusFSC averageTrioMarkets
LebanonCMA low visitsTrust Capital
BelizeIFSC low visitsTryMarkets
Seychellesnot regulated low visitsTurnkey Forex
CyprusCySEC averageUFX
Marshall Isl.not regulated averageUniglobe Markets
South AfricaFSP low visitsUnum Capital
VanuatuVFSC, FCA, ASIC averageUSGFX
UKFCA, FSA low visitsValutrades
Cayman Isl.CIMA, ASIC, FCA averageVantage FX
UKFCA low visitsVARIANSE
UKASIC, FCA least visitedVelocity Trade
IndonesiaBKDI low visitsVictory International Futures
Cyprusnot regulated low visitsVinson Financials
LuxembourgCSSF, FSMA, NBB low visitsWH SelfInvest
CyprusCySEC, IFSC averageWindsor Brokers
BVIVFSC low visitsWorld Forex
CyprusCySEC low visitsXGLOBAL
UKFCA, CySEC, IFSC, ASIC top visitedXM
BelizeIFSC, FCA, KNF, CySEC top visitedXTB
BelizeIFSC averageXtrade
Marshall Isl.not regulated low visitsXtreamForex
SeychellesFSA low visitsYadix
SeychellesFSA, FCA AverageZFX

Top visited Forex brokers

"Top visited" does not automatically mean "Most popular choice" among Forex traders. These brokers are definitely most researched and compared to, but not necessarily become the final choice for Forex traders.

Average visits Forex brokers

Normal visitor activity. Are normally considered and compared by Forex traders, although less often than Top visited brokers.

Low visits Forex brokers

Known to be less visible in general and/or newly established. Usually discovered by Forex traders due to certain features, advantages or promotions being offered.

*Forex Brokers who work exclusively with Professional and Institutional clients would also see "low visits" simply due to high deposit requirements (among other factors).

Forex Margin Call HOW TO Avoid?

  • Risk less than 1-3% of your account equity at any time.
    Examples:
    With $100 deposit and risking 1% per trade, you're able to trade only Micro lots with Stop loss being set no further than 10 pips away.
    With $500 deposit and risking 2% per trade, you're able to trade only Micro lots with Stop loss being set no further than 100 pips away.
    With $500 deposit and risking 2% per trade, if you choose to trade Mini lots, your Stop loss should be no further than 10 pips away. It quickly scales up.
  • Use Forex Money Management Calculator for quick risk assessment.
  • If you do risk more, set strict Stop loss rules and exit unprofitable trades sharp, without second thoughts. Failure to do so will quickly drain down the account. It's a common beginners' mistake.

SVGFSA Forex Brokers - Are They REGULATED?

IBCs are incorporated in St. Vincent and the Grenadines by the Financial Services Authority, an autonomous governmental statutory body responsible for the regulation and supervision of the country’s international financial services and non-bank financial services.

IBCs ARE NOT REGULATED entities but are duly registered entities which are required to abide with the provisions of its governing legislation, the International Business Companies (Amendment and Consolidation) Act.

Official source: FSA St. Vincent and the Grenadines

Importance of knowing your Broker: FCA UK warns of clone brokerage firm

June 2020, FCA UK has issued a warning over a broker named UK Forex, operating in the UK, which was found to be a clone of FXOpen broker. The clone broker and their website were shortly closed. It serves as yet another reminder to be on the watch for financial scams. A company that has a seemingly well rounded website, with listed contacts and offices as well as claiming to be trustworthy and regulated (in the latest case, regulated by FCA UK), may still be a long way from being legit.
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