⭐ BEST Forex Brokers for Beginners

...where trading conditions allow fair practice with lowest risks


Best Forex Brokers for Beginners CHECKLIST:


Lowest minimum deposit — under $300
Highest leverage — sufficient for small investments, 1:400 and up
Micro lot trading — lowest risks
Lowest spreads — favor short-term trading practice
No commission — easier management
Fair levels for Margin Call and Stop Outs — the higher the better
Regulated — avoid unnecessary risks
Best Forex Brokers for Beginners = where trading conditions allow fair practice with lowest risks ...read more

Best Forex Brokers for Beginners CHECKLIST:


Lowest minimum deposit — under $300
Highest leverage — sufficient for small investments, 1:400 and up
Micro lot trading — lowest risks
Lowest spreads — favor short-term trading practice
No commission — easier management
Fair levels for Margin Call and Stop Outs — the higher the better
Regulated — avoid unnecessary risks

Compare Best Forex Brokers for Beginners


  • Broker
  • Type
  • Country
  • Regulation
  • Platforms
  • Min Deposit
  • Leverage
  • Lot
  • Spread EURUSD
  • Commission
  • Margin Call
  • NB Protection
  • Popularity
  • Journal
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Forex broker
Min deposit
Deposit
Leverage Lot Spread* Commission** Margin Call NB Protection Type CountryCountry Regulation Platforms Popularity
10 $5000.01 lot0.8 pips$ 0 100 % x MT4, MT4 WebTerminal, MT5, WebTraderCook IslandsCook IslandsFSC Cook IslandsSTP, DMA Low
100 $4000.01 lot1.4 pips$ 0 100 % MT5 Cyprus CyprusCySECMM Average
50 $5000.01 lot1 pips$ 0 100 % x MT4, MT4 WebTerminal, MT5, MT5 WebTerminal Australia AustraliaASICSTP, DMA Low
100 $5000.01 lot1.2 pips$ 0 100 % MT4, MT4 WebTerminal, MT5 Cyprus CyprusCySECMM Low
50 $20000.01 lot1 pips$ 0 90 % MT4, MT4 WebTerminal, MT5, MT5 WebTerminal Seychelles SeychellesFSASTP, ECN pricing Low
1 $5000.01 lot0.7 pips$ 0 80 % MT4, Next Generation UK UKFCAMM High
1 $10000.01 lot0.5 pips$ 0 150 % x MT5, MT5 WebTerminal Malta MaltaMFSAMM, STP High
200 $4000.01 lot1.3 pips$ 0 100 % x MT5, MT5 WebTerminal BVI BVIFSCSTP, ECN pricing Low
100 $5000.01 lot1 pips$ 0 80 % x MT4, MT5, MT5 WebTerminal Australia AustraliaASICMM, DMA High
1 $5000.01 lot1 pips$ 0 100 % MT4, MT4 WebTerminal UK UKFCASTP, DMA, ECN pricing Low
100 $5000.01 lot1.3 pips$ 0 100 % x MT4, MT4 WebTerminal Vanuatu VanuatuVFSCMM, DMA, ECN pricing Low
100 $5000.01 lot1 pips$ 0 100 % x MT4, MT4 WebTerminal, MT5, MT5 WebTerminal Australia AustraliaASICSTP, DMA High
1 $5000.01 lot0 pips$ 0 100 % MT4 Cyprus CyprusCySECSTP, ECN marketing Average
200 $4000.01 lot1 pips$ 0 80 % x MT4, MT4 WebTerminal Vanuatu VanuatuVFSCMM, DMA, ECN pricing Low
10 $5000.01 lot1.4 pips$ 0 100 % MT4, MT4 WebTerminal Mauritius MauritiusFSCMM, STP Low
50 $5000.01 lot1.2 pips$ 0 100 % x MT4, MT4 WebTerminal, XCritical Online Mauritius MauritiusFSCMM, ECN marketing Low
200 $5000.01 lot0.6 pips$ 0 100 % x MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, cTrader Australia AustraliaASICMM, DMA High
1 $5000.01 lot1 pips$ 0 80 % x MT4, MT4 WebTerminal, MT5, Autochartist Bahamas BahamasSCBSTP, ECN marketing Average
100 $5000.01 lot0.5 pips$ 0 100 % MT4, MT4 WebTerminal, MT5, MT5 WebTerminal Cyprus CyprusCySECSTP, DMA, ECN pricing Average
100 $5000.01 lot1 pips$ 0 120 % x MT4 Mauritius MauritiusFSCSTP, DMA, ECN marketing Average
50 $5000.01 lot1.4 pips$ 0 100 % MT4 Seychelles SeychellesFSASTP, DMA, ECN marketing Low
5 $10000.01 lot1.1 pips$ 0 100 % MT4, MT5 Seychelles SeychellesFSAMM, DMA Average
100 $5000.01 lot1.4 pips$ 0 100 % MT5, MT5 WebTerminal Vanuatu VanuatuVFSC, FMADMA, ECN marketing Low
300 $5000.01 lot0.8 pips$ 0 100 % MT4, MT4 WebTerminal, MT5 Seychelles SeychellesFSADMA Low
50 $5000.01 lot1.2 pips$ 0 80 % MT4, MT5, WebTrader Vanuatu VanuatuVFSCSTP, DMA, ECN pricing Average
1 $5000.01 lot1 pips$ 0 80 % MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, cTrader, Autochartist Australia AustraliaASICSTP, DMA High
20 $5000.01 lot1.3 pips$ 0 120 % x MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, Autochartist, PU Prime App Seychelles SeychellesFSASTP, DMA, ECN Average
250 $5000.01 lot0.7 pips$ 0 100 % MT4, WebTrader Cyprus CyprusCySECSTP Average
50 $4000.01 lot1.4 pips$ 0 100 % MT4, MT4 WebTerminal Cyprus CyprusCySECMM, DMA Low
100 $5000.01 lot1 pips$ 0 100 % x MT4, MT5, IRESS Vanuatu VanuatuVFSCSTP, DMA Average
200 $5000.01 lot0.5 pips$ 0 100 % MT4, cTrader Seychelles SeychellesFSADMA Low
1 $5000.01 lot0.6 pips$ 0 100 % TN Trader, MT4, MT4 WebTerminal Seychelles SeychellesFSAMM, STP, DMA Low
100 $4000.01 lot0.1 pips$ 0 110 % x MT4, MT5, MT5 WebTerminal, Currenex, cTrader Cayman Isl. Cayman Isl.CIMASTP, DMA, ECN pricing High
10 $10000.01 lot1.3 pips$ 0 100 % MT5 Seychelles SeychellesFSASTP Low
250 $10000.01 lot1.3 pips$ 0 100 % MT5 Cyprus CyprusCySECSTP Lowest
200 $5000.01 lot1.4 pips$ 0 80 % x MT4, MT4 WebTerminal, MT5, MT5 WebTerminal Cayman Isl. Cayman Isl.CIMASTP, DMA, ECN pricing Average
100 $5000.01 lot1.2 pips$ 0 80 % MT4, MT4 WebTerminal, MT5 Cayman Isl. Cayman Isl.CIMASTP, ECN pricing Low
100 $4000.01 lot1 pips$ 0 100 % MT4 Cyprus CyprusCySECMM Average
100 $5000.01 lot1 pips$ 0 100 % MT4 Seychelles SeychellesFSASTP, DMA, ECN pricing Low
50 $20000.01 lot1.5 pips$ 0 100 % x MT4 Seychelles SeychellesFSASTP, ECN marketing Average
* EURUSD spread
** Commission per standard lot Round Turn

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