BEST Forex and CFD Broker

When it comes to trading the financial markets, selecting the right Forex/CFD broker is ESSENTIAL.

Particularly for newer traders, it’s easy to become overwhelmed with confusing features and statistics. Therefore, it is a time most require a helping hand – somebody to explain the ins and outs if you will.

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Why Trust Us?

The ForexBrokerReview website is a leading resource for online traders. Created by traders for traders, our research provides insightful information and extensive comparisons, exploring 100s of brokers. Our recommendations, therefore, not only help newer traders, but also old hands as well.

Security, regulation, commissions, customer support, leverage and platform functionality are just a handful of factors you must take into account before choosing a broker to work with.

In a Rush?

No time to read our comprehensive guide right now?
No problem. Following weeks of research, we’ve compressed the critical points and featured OUR broker of choice – FP Markets

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Our Rating


Established

200520112006
Account Application Time1 Business Day1 Business Day1 Business Day
Minimum Account Balance100 AUD 200 USD100 USD
PlatformsMT4, MT5, IressMT4MT4, MT5
Account TypesStandard, Raw and Iress ViewPoint, Iress Investor and Iress TraderStandard and ECN AccountsStandard and Corporate
Range of Markets10,000+ (Additional Share to their Iress Platform)250 Products250 Products
Leverage1:5001:3001:400
Spreads/FeesLow Spreads - Commission per side is 3.0 USD per one standard lotLow Spreads - Commission per side is 4 USD per one standard lotIncorporated into the spread + inactivity fee of 50 USD
Execution Speed36 Milliseconds79 MillisecondsUnable to retrieve data
Regulation – Tier 1 LicencesASIC; CySECFinancial Conduct Authority (FCA)CBI; B.V.I. FSC; ASIC; FSCA; FSA and FFAJ; FRSA
Market Research and Education97.57
Customer Service9.587

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