Finance-Forex & Trading6 Comments

Forex trading is a serious investment and before you commit your investment into the hands of any Forex broker, you need to know how reliable and trustworthy they are. Not all Forex brokers are reliable, in fact, some are outright frauds. To help you make an informed decisions in this regard, I have compiled this list of world’s most trusted and most reliable Forex brokers you can trade with.

These Forex brokers and Forex trading platforms are available to use for free. All you need to do is to make deposit and start trading, no extra or special fee is required. Another good thing is that these Forex brokers are available for both the beginner Forex traders as well as the Pro Forex traders, no distinction and you can start with any minimum deposit allow by the brokers.

SEE ALSO: How To Start Forex Trading And Forex Investment For Beginners

List Of Top Forex Brokers

10. InstaForex – This Forex broker is based in Russian, operate in Asia, has offices in London and some other parts of the world. InstaForex has won many awards as one of the best Forex brokers in the world and holds licenses in Brokerage, Dealing and Capital Management Services from the Russian Federation.

Minimum Deposit — $1

Trading Bonus — 250%

Regulator — FFMS

Accept US Traders — No

Demo Account — Available

InstaForex come with lots of trading and monitoring tools for easy Forex trading. It is one of the biggest Forex brokers in the world and have been around for a long time.

09. ForexTime.com (FXTM) – This Forex broker is founded in 2012 and has received many awards for innovative trading. FXTM is the fastest growing Forex broker in the world and the founder is Andrey Dashin, the same person behind Alpari Forex Broker.

Minimum Deposit — $5

Trading Bonus — 200% up to $10,000

Regulator — CYSEC

Accept US Traders — No

Demo Account — Available

FRTM is used by traders in over 180 countries and is gully licensed and fully regulated. The headquarter is Cyprus and housed in a luxury five story office building. ForexTime allow for both mobile and web trading, and fully packed with the choicest trading tools.

08. AVATRADE – This Forex broker has its headquarter in the British Virgin Islands and is regulated by the Irish Authority (MIFID) and ASIC. AVATrade was founded in 2006 and has become one of the world’s biggest FX Brokers. Owned and managed by the Ava Capital Markets Ltd, a subsidiary of Ava Financial Ltd, AVATrade is one of the most reliable Forex Brokers in the world.

Minimum Deposit — $100

Trading Bonus — 40%

Regulator — MIFID, ASIC

Accept US Traders — No

Demo Accounts — Available for all accounts.

AVATrade support both web and mobile trading with a world class customer support that is available 24hrs.

07. XTrade – This Forex Broker is world class in every aspects of trading. Founded in 2003 and owned by the XTB Limits, XTrade is reputed as one of the best Forex Broker ever.

Minimum Deposit — $100

Trading Bonus — 60%

Regulator — CYSEC

Accept US Traders — No

Demo Account — Available

XTrade is reliable and is one of the safest platform to trade Forex with over 10 years experience in the money game. They also have some of the best trading software and support both mobile and web based trading.

06. XM Broker – With more than 500 thousand clients, XM is one of the go-to Forex broker in the world. They are based in Cyprus and managed by Trading Point Holdings Ltd, registration number: HE 322690, (12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor 3042 Limassol, Cyprus).

Minimum Deposit — No

Trading Bonus — 100$

Regulators — CYSEC

Accept USA Traders —

Demo Account — $100,000

If you want to start trading right now, this is one of the best place to get started and you are sure of being in a secured hands.

05. FXPrimus – This is a place to trade Forex, commodities, CFDs & indices with the safest trading platform. Discover an award-winning safe trading environment, founded on the proven philosophy of success through security.

Minimum Deposit — No

Trading Bonus — 100%

Regulators — CYSEC, FCA

Accept USA Traders — No

Demo Account — Available

FxPrimus pride itself as industry leader in security and excellence. They one of the major sponsors of Manchester City Football Club in England. With over 100 thousand existing clients, you are sure to be in the company of many.

04. EToro – This is one of the biggest name in the industry and have been around for many years. eToro brokers is a social trading and multi asset brokerage company that has registered offices in Cyprus, Israel and the United Kingdom. One thing unique about eToro is that they allows its users to watch the financial trading activity of other users, copy them, and make their own trades.

Minimum Deposit — $200

Trading Bonus — $1,000

Regulators — NFA, CYSEC

Accept USA Traders — No

Demo Account — Available

With over 4.5million registered clients, you know this is the big gun in the world commodity trade. They are fully regulated by the world’s regulatory bodies and boasts some of the finest trading platforms.

03. Markets.com – Markets.com is a top Forex broker, owned and operated by Safecap Investments Limited. Just like most Forex Brokers, they are headquartered in Cyprus. Fully licensed and regulated by CySEC & FSB.

Minimum Deposit — $100

Trading Bonus — $25

Regulators — CYSEC, FSB

Accept USA Traders — No

Demo Account — Available

Traders at every level can benefit from the Markets.com packed resource hub. The broker offers exclusive market analysis and news, live webinars, seminars, ebook and video libraries, in addition to free 1-on-1 personal training with personal account manager.

02. Alpari – This Forex Broker invite you to trade Forex with them and promised you the best. They are the “Company of the Year on the Forex Market”. ECN trading. With spreads from 0.1 pips, you can Leverage up to 1:1000 and comes with free analytical tools.

Minimum Deposit — $200

Trading Bonus — N/A

Regulators — CYSEC

Accept USA Traders — No

Demo Account — Available

Alpari is a highly successful Forex Brokers with many years experience in the game. When it comes to security and reliability, be sure you are dealing with the best in the money business.

01. FXPro -This is the number one Forex Brokers in the world and has remained the leader since 2006. FXPro is truly professional. FxPro UK Limited is authorized and regulated by the UK Financial Conduct Authority with the registration no. 509956. FxPro Financial Services Limited is authorized and regulated by the Cyprus Securities and Exchange Commission with the license no. 078/07.

Related Posts

6 Comments

  • Kum Eric Tso June 27, 2018

    Thank you for this great list. This is all I needed to venture out big into Forex trading since there is little or no info on this in my country Cameroon.

  • Sabum Clive June 27, 2018

    Thank you for this eye opening and straight forward tutorial. I now know what to do next. Just one question though! Can you be my mentor. i would really love that.

  • James Manik January 5, 2019

    Hey,
    many many thanks for share some informative article here.This article lot of help people about Compare
    Warm Regards,
    James Manik

  • James Manik January 5, 2019

    Hey,
    Darlington Omeh many many thanks for share some informative article here.This article lot of help people who have no idea about Compare Cryptocurrency Trading Brokers .people learn lot of things here your post.I read all the article here .

    Warm Regards,
    James Manik

  • Michael July 18, 2019

    Hey, thanks for this…. Been trying to trade forex but need a mentor.

Leave a Reply to James Manik Cancel reply