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Best Forex Brokers 2024

Forex When it comes to trading in the foreign exchange (Forex) market, choosing the right broker can make all the difference. A good Forex broker can provide you with the tools and support you need to succeed, while a bad one can leave you with losses and frustration.

To help you make an informed decision, we’ve put together a list of the best Forex brokers available. Our list is based on several factors, including regulation, trading platforms, fees, and customer support.

best forex brokers

Regulation is an essential factor to consider when choosing a Forex broker. Regulated brokers operate under strict rules and regulations, which help protect traders from fraud and other unethical practices. The top Forex brokers on our list are regulated by respected authorities such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the US National Futures Association (NFA).

Octa

OctaFX operates out of Saint Vincent and the Grenadines. OctaFX (Octa Markets Incorporated) is a brokerage company founded in 2011 in Saint Vincent and the Grenadines on the Caribbean islands. Since established, OctaFX is home to more than 6 million trading accounts.
Founded : 2011
Headquarters : Comoros
Regulations : MISA, CySEC, FSCA
Trading Desk : ECN, STP
Min Deposit : $25
Max Leverage : 1:1000
Platforms : MT5, MT4, Octatrader

CPT Markets

CPT Markets is a global forex broker that provides online trading services in forex, commodities, indices, and cryptocurrencies. The company was founded in 2016 and is headquartered in Belize, with additional offices in Hong Kong and Taiwan.
Founded : 2016
Headquarters : Belize
Regulations : FSC Belize, FCA, FSCA
Trading Desk : ECN, STP
Min Deposit : $5000
Max Leverage : 1:500
Platforms : MT4, MT5

Doo Prime

Doo Prime is an online forex and CFD broker founded in 2014. They offer a variety of trading products, including forex, stocks, indices, precious metals, and commodities. Doo Prime is regulated by the Seychelles Financial Services Authority (FSA), the Mauritius Financial Services Commission (FSC), and the Vanuatu Financial Services Commission (FSC).
Founded : 2014
Headquarters : Vanuatu
Regulations : SEC, FINRA, FCA, ASIC
Trading Desk : ECN, STP
Min Deposit : $0
Max Leverage : 1:1000
Platforms : MT4, MT5, Doo InTrad, TradingView

FXGT

FXGT.com, a well-established Forex trading firm, officially commenced operations in 2019. With successful operations in multiple countries, the company is consistently broadening its global service offerings.
Founded : 2019
Headquarters : Seychelles
Regulations : FSCA, FSA Seychelles
Trading Desk : ECN/STP, Market Maker
Min Deposit : $5
Max Leverage : 1:1000
Platforms : MT4, MT5, Web, Mobile

FxPro

FxPro is a reliable broker company that offers market access to all traders, regardless of their level of knowledge and experience. Broker’s clients are protected from negative balance; their activities are carried out in comfortable conditions and with competent professional support.
Founded : 2006
Headquarters : United Kingdom
Regulations : FCA, CySEC, SCB, FSCA
Trading Desk : ECN
Min Deposit : $100
Max Leverage : 1:200
Platforms : MT4, MT5, cTrader, Edge

WelTrade

Founded : 2006
Headquarters : Saint Vincent
Regulations : FSCA, FSA St Vincent
Trading Desk : STP
Min Deposit : $25
Max Leverage : 1:1000
Platforms : MT4, MT5

FreshForex

Founded : 2004
Headquarters : Saint Vincent
Regulations : SVG FSA
Trading Desk : ECN
Min Deposit : $0
Max Leverage : 1:2000
Platforms : MT4, MT4

Exness

Founded : 2008
Headquarters : Limassol
Regulations : CySec, FCA, FSA, and the FSCA
Trading Desk : ECN
Min Deposit : $1
Max Leverage : 1:2000
Platforms : MT4, МТ5

FBS Markets

Founded : 2009
Headquarters : Belize