Welcome to the website forex-broker-rating.com which name is self-explanatory: we created this Forex broker rating to conduct the statistics and record of different brokers, providing traders with independent assessment and opportunity to leave their comments about any broker. Moreover, at this resource you will find reference information about brokers, presented in a rating of Forex brokers, including Swap-free brokers and, for example, MetaTrader brokers. Forex analytical materials, published by numerous Forex brokers at our website, are live FX analytics of Forex market professionals. We hope that information derived from the Forex broker rating will be useful for all Forex-traders!
To appraise the popularity of a Forex broker there is offered each user to vote for the most respectable broker. In order to make the voting maximally impartial, one may vote for a broker only once a day. Any attempts to increase rating artificially will be terminated by the system and manual moderating of voting results and it increases its value. Nevertheless, we can not guarantee that given Forex brokers rating 100% represents the facts and do not contain mistakes in assessment of Forex brokers from all over the world.
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| 1 |
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InstaForex |
Read reviews
 On-line since:2008
Country of origin: Russia
Regulation: Regulated by Russian FFMS.
Payment options: Moneybookers, wire transfer, credit cards, Liberty Reserve, WebMoney, e-Bullion, e-gold and RuPay
Minimum account size: $1
Minimum lot size: 0.01
Leverage: from 1:1 to 1:1000
Spreads: 3 pips on EUR/USD Web-site: InstaForex
InstaForex is ECN-Broker, provided qualitative trading services on Forex market. Cooperation with the biggest market makers and huge Brokers-contractors complete with broad client base provide InstaForex with high liquidity and opportunity to provide really fast on-line service to its clients.
InstaForex Company is recognized as the best broker in Asia 2009 following the results of World Finance Award, the respectable reward in the world of financial markets, held by the World Finance magazine annually. One more established European magazine CNBC Business Magazine acknowledged InstaForex Company as the most dynamically developing Forex-broker in 2009. InstaForex Company was also recognized as the best Forex-broker according to the results of ShowFxWorld and ShowFxAsia exhibitions, which were held in Moscow and Kuala-Lumpur in 2009.
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50% |
50% |
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| 2 |
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FxPro |
Read reviews
 On-line since: 2008
Country of origin: Cyprus
Regulation: Regulated by the Cyprus Securities and Exchange Commission (license #078/07).
Payment options: Wire transfer, credit cards and PayPal
Minimum account size: $500
Minimum lot size: 0.1 lot
Leverage: from 1:1 to 1:500
Spreads: from 0.8 pips on EUR/USD Web-site: FxPro
FxPro – one of the leading international companies competing in the exchange markets was launched in 2006. A strategic target of FxPro Company is to become one of the major and successful financial companies in the Forex services field, at the same time bringing a high profit for its clients.
FxPro Company is accredited and regulated by Cyprus Securities and Exchange Commission, reaches the EU Markets in Financial Instruments Directive (MiFID).
FxPro broker affords an opportunity of trading with a wide range of financial instruments, starting from currency rates, futures and indexes to metals and contracts for difference (CFD) with shares. Citizens of more than 120 countries in the world turn out to be the company’s clients.
Thus far, FxPro broker has representative offices in Great Britain, Russia, Austria, France and Greece.
FxPro Company aims to give their clients entirely safe, transparent and trust-worthy trading atmosphere.
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44% |
56% |
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| 3 |
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FXCM |
Read reviews
 On-line since: 1999
Country of origin: USA
Regulation: Registered with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA). Also regulated by the official regulators in UK, Canada, Hong Kong, Australia and France.
Payment options: On-line checks, bank wire, paper checks and credit cards
Minimum account size: $2,000
Minimum lot size: 1 lot
Leverage: 1:100 and 1:200
Spreads: 2-3 pips on EUR/USD Web-site: FXCM
FXCM Company is one of the leading online Forex brokers. Company’s clients are residents of more than 150 countries.
International representation offices and branches of FXCM Company are located in all major financial centers of the world and it allows its clients to get high quality and efficient service.
FXCM is under the control of regulatory bodies which have authority worldwide. Thus, activity of regional office FXCM in London (Holding LLC) is regulated by the Financial Service Authority (FSA) in the UK.
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38% |
62% |
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| 4 |
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eToro |
Read reviews
 On-line since: 2007
Country of origin: Cyprus
Regulation: Registered member of NFA (ID: 0382918).
Payment options: Moneybookers, WebMoney, bank wire, credit cards, PayPal and Neteller
Minimum account size: $50
Minimum lot size: 0.1 lot
Leverage: 1:100, 1:200 and 1:400
Spreads: 2 pips on EUR/USD Web-site: eToro
eToro brings financial trading to life for hundreds of thousands of users worldwide. Our people friendly trading platform helps make Forex: simple to start, great to learn and a delight to trade. Our educational and trading toolbox, together with outstanding personal service, delivers Forex that’s a delight to master. eToro's visual trading style lets every trader, at every level of experience, enjoy their trading. With Forex powered by eToro behind you, harnessing the power of financial markets becomes simple and rewarding.
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30% |
70% |
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| 5 |
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FOREX MMCIS group |
Read reviews
 On-line since: 2007
Country of origin: Panama, Russia
Regulation: NASD
Payment options: VISA/MasterCard, WebMoney, Liberty Reserve, Western Union, MoneyGram, Migom, wire transfer
Minimum account size: $500
Minimum lot size: 0.1 lot
Leverage: from 1:50 to 1:500
Spreads: from 1 point Web-site: FOREX MMCIS group
The foundation of FOREX MMCIS group dealing center was initiated by MMCIS investments fund in 2007. «FOREX MMCIS group» provides round the clock access to the international foreign exchange market for online trading. The company offers its clients over 100 financial tools for trading including currency pairs and metals, CFD's, oil and much more. «FOREX MMCIS group» also provides user-friendly software, a wide range of analytical materials and 24h customer support service and unique bonus system . The company has official departments in 15 countries of the world: Panama, France, Turkey, Georgia, Russia, the UK, Italy, Bulgaria, Israel, Ukraine, Germany, Norway, Latvia, Estonia and Kazakhstan.
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68% |
32% |
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| 6 |
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CMS Forex |
Read reviews
 On-line since: 1999
Country of origin: USA
Regulation: Registered Futures Commission Merchant (FCM) and a Forex Dealer Member (FDM) of the National Futures Association (NFA) (Member ID: 0313199), registered with the Commodity Futures Trading Commission (CFTC) of U.S. and the Financial Services Agency (FSA) of Japan.
Payment options: Bank wire, BPS, credit cards, PayPal, on-line check and paper checks
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: from 1:40 to 1:400
Spreads: 3 pips on EUR/USD Web-site: CMS Forex
CMS Forex was established by professional participants of the exchange market – traders, brokers and software engineers. Starting from 1999 the goal of CMS Forex is providing the exchange market participant with a forceful technique of currency trading in combination with high-grade performance, excellent and qualitative service for clients. For the last 7 years CMS Forex has become one of the leaders of on-line exchange trading supplying a reliable and user friendly software for trading at Forex.
CMS Forex maintains a service to rising retail sector of Forex market. The company principles – the latest trading technologies, fair dealing activity, perfect client service – all these factors make
CMS Forex a company which turns to be necessary for traders interested in graphic data of Forex, in recent Forex news and their funds safety.
A front-rank CMS Forex platform, VT Trader™ together with constant readiness to meet the clients’ requirements make up a system, using which the traders can feel themselves confident in full measure.
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37% |
63% |
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| 7 |
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Forex WebTrader |
Read reviews
 On-line since: 2007 Country of origin: Cyprus
Regulation: Unregulated
Payment options: Credit cards, wire transfer, PayPal, Moneybookers, Liberty Reserve, e-Bullion
Minimum account size: $25
Minimum lot size: 0.01 lot
Leverage: 1:100
Spreads: 3 pips on EUR/USD Web-site: Forex WebTrader
Finexo Company was established in 2003 by experienced participants of the global financial services industry with the purpose of attracting an average investor to the on-line exchange market.
The core of Finexo corporate policy is rendering education and consultancies to the individual investors and provision of such platform which would be suitable for everyone. Due to availability of such kind of platform, investors training and 24-hour support, Finexo Company has become one of the topline brokers for all level investors at Forex market.
Finexo Company teaches people, helps them improve their trade running skills making their contribution to forming of a new world investors generation. Finexo trading platform allows to trade from any part of the planet by means of PDA, and immediate SMS-notifications about the current market condition bring the trading to a brand new level.
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28% |
72% |
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| 8 |
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GFT |
Read reviews
 On-line since: 2001
Country of origin: Australia
Regulation: Registered with the Commodity Futures Trading Commission, is also a member of the Australian Securities and Investments Commission (ASIC), an independent Australian government body that regulates financial markets, securities, futures and corporations since January 1991.
Payment options: Credit cards, eCheck, PayPal, bank wire and paper checks
Minimum account size: $250
Minimum lot size: 0.1 lot
Leverage: from 1:100 to 1:400
Spreads: Variable (3 pips average) on EUR/USD Web-site: GFT
Global Futures Exchange and Trading Company, Inc. was established in 1998. The headquarters office of the company is in Encino, California, USA, also Global Futures Exchange and Trading Company has two representation offices in Florida and North Caroline.
The company is registered in the National Futures Association (NFA) and the Commodity Futures Trading Commissions (CFTC). Global Futures Exchange and Trading Company is one of the largest independent brokerage firms providing private investors and traders with full range of services on futures and options markets and international Forex currency market.
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25% |
75% |
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| 9 |
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Oanda |
Read reviews
 On-line since: 2001
Country of origin: USA
Regulation: Registerd with Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA ID #0325821).
Payment options: Bank transfer, checks, PayPal
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: 1:50
Spreads: Variable, usually 2-2.5 pips on EUR/USD Web-site: Oanda
Oanda Company was established in 1995.
Oanda uses innovative technologies for providing trading services at Forex market for individual traders and large corporations, from portfolio managers to big financial institutions.
Oanda Company is a member of Forex international market and a reliable resource of currency rates. The Company has an access to the largest in the world quotation database with the most frequently and filtered renewal of information.
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33% |
67% |
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| 10 |
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Alpari |
Read reviews
 On-line since: 1998
Country of origin: Russia
Regulation: Regulated by the Financial Regulation Agency (KROUFR)
Payment options: Wire transfers, Credit/Debit Cards, MoneyBookers, Webmoney
Minimum account size: $200
Minimum lot size: 0.01 lot
Leverage: from 1:10 to 1:500
Spreads: from 0.5 EUR/USD Web-site: Alpari
Alpari is a forex broker which offers online trading in forex, spot precious metals, CFDs on shares, futures and stock market indexes. Currently Alpari serves about 200 thousand clients more from 100 countries of the world. Official partners offices are located in 50 cities of the Russian Federation and the abroad. Alpari has certificated partners in Latvia, Estonia, Ukraine, Armenia, Kazakhstan, Indonesia, Thailand, Ecuador and Peru.
Alpari (UK) Limited (is regulated by FSA (United Kingdom), license #44002) and Alpari (US) LLC (is regulated by CFTC and NFA, NFA ID #0379678) operate under Alpari brand. The brand is also presented in Germany, UAE, India and China.
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45% |
55% |
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| 11 |
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Advanced Currency Markets |
Read reviews
 On-line since: 2002
Country of origin: Switzerland
Regulation: Member of NFA (ID: 0388715). Directly regulated by the Swiss Federal Department of Finance (FDF).
Payment options: Bank wire and PayPal
Minimum account size: $2,000
Minimum lot size: 0.1 lot
Leverage: 1:100
Spreads: 3 pips on EUR/USD Web-site: Advanced Currency Markets
ACM was established in 2002.
From the first days of working, the ACM Company has tended to create a corporate culture the basis for which is enterprising spirit with reference to professionalism.
The main criteria of the ACM work are: providing a platform, able to meet competition; transparency of all aspects of working; low profit and no client chasing.
Nowadays, the broker ACM has representation offices in Dubai, Montevideo, New York and Zurich. The Company’s head-office is located in Geneva.
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38% |
62% |
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| 12 |
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Sucden |
Read reviews
 On-line since: 2007
Country of origin: United Kingdom
Regulation: Regulated by the British FSA.
Payment options: Wire transfer
Minimum account size: £5,000
Minimum lot size: 0.1 lot
Leverage: up to 1:100
Spreads: 2 pips on EUR/USD Web-site: Sucden
SundenFinancial Company is an affiliate company of Sucres et Denrées SA Corporation, registered in France. The major activity of Sucres et Denrées SA is sugar trading. Sunden Financial Company was established as a brokerage business unit of Sucres et Denrées SA in London in 1973 and quickly became one of the leading world brokers in the field of commodity and financial futures and options.
Sunden Financial has regional offices in France, Germany, the Netherlands and in Russia.
Sucden is a leading broker in the sphere of commodity and financial futures and options, and has a solid social reputation of functioning at market for over 35 years. Sucden Financial is a member of the largest world exchanges, trading in almost all types of commodity and financial futures and option contracts around the world.
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31% |
69% |
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| 13 |
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MIG Investments SA |
Read reviews
 On-line since: 2003
Country of origin: Switzerland
Regulation: Audited by KPMG and is member of ARIF.
Payment options: Wire transfer
Minimum account size: $5,000
Minimum lot size: 0.1 lot
Leverage: up to 1:200
Spreads: 2 (1 for institutional accounts) pips on EUR/USD Web-site: MIG Investments SA
MIG Bank – Swiss investment bank specialized in providing brokerage services on Forex market. MIG Investment SA has been working on the market since 2003, during this period the residents of more than 120 countries of the world have become clients of the company.
The headquarters office is in Neuchatel, Switzerland. MIG Bank offers specialized services at Forex market to the clients of all levels: from private traders and investors to financial organizations, brokers and world’s banks.
Activity of MIG Bank is regulated by FINMA, the Swiss Financial Market Supervisory Authority; besides, the company has been awarded the ISO certification “Standards of quality and security management of information technologies”.
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35% |
65% |
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| 14 |
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CitiFX Pro |
Read reviews
 On-line since: 2008
Country of origin: USA
Regulation: Citi is one of the largest banks in U.S.
Payment options: Wire transfer
Minimum account size: $10,000
Minimum lot size: 1 lot
Leverage: 1:50 or 1:25
Spreads: 2 pips on EUR/USD Web-site: CitiFX Pro
CitiForex holding company offers a wide range of financial services to private and corporate clients in 101 countries of the world. The range of rendered services involves insurance, loan, investment and mortgage. Citigroup is one of the major emitters of electronic credit cards (MasterCard, VISA and Diners Club).
CitiForex broker is a division of Citigroup Inc. The company’s activity line is Forex services provision to the leading corporations, hedge-funds, banks and governments.
Apart from this, CitiForex Company provides a great variety of financial products and services, including bank and consumer loan, corporate and investment banking, securities trading and trust capital management.
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23% |
77% |
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FBS is the best broker I've ever met! Fast execution, very helpful support day and night. No requots! Fast deposits and withdrawals! They do their job really well! I recommend!
I think exness is good broker. as long as I am trading with exness no problem. in exness instant withdrawal and instant deposit with Liberty Reserve, exness is the best for me.
To me Alpari is good because when i withdrew i got my money the second day through my bank in nigeria. I think the essence of trading is to have your money any time you want it.As to requote it happens once a while.
I'm so happy instaforex has a PAMM account facilitate, because i can be a trader without I should be in front of a computer all day but i get a profit :).. Beside that instaforex has news daily update so i can see news abotu forex everyday..
Fxpro is not bad at all, i have been trading with this broker since they were Northfinance, though i have been stopped out three times and have never made any withdrawal. i knew that all my losses were due to (1) lack of sufficient and adequate trading knowledge (2) lack of proper understanding of their policies. i have discovered the secret of not shifting blames on the broker but on myself. i am planning to make another deposit after demo trading for some years. after i made some money and make withdrawals i would be able to say more but mind you ; ignorant of law is not an excuse in a law court. learn the market language from A,B,C to Z on demo and dont use your life fund to demo trade
Just be extra carefull.
I am looking for good forex broker and I open an account with EXNESS on 05/03/2012. First day it is good but on second day they start thier real game of manuplacting system.
EXECUTION : Trust me guys their Execution policy is on their comfort only.It happen 5times to me.If you put SL or you are about to stop out they increase their sperads by 4PIP approx to hit your SL or to make you stop out.Anyway I have three order where i was stop out or my stop loss hit due to their sudden spread increase.Please note that at that time their is no such volatlity in market.
On 06/03/2012 they have spread differance of 6pips on EURUSD and AUDUSD.When i contact them,they are not ready to accept it.To prove this I have an email of "Pavel Kulakov from dealer@exness.com " saying that it is not our fault.Just think guys if broker itself says that increase in spread for 4 hours its not their fault then who will responsible for this?
Second point I want to Highlight is WITHDRAWAL
Due to manuplication of execution at their end I have decided to close my account in just 3 days after opening it.I have made withdrawal request of $200 and $100 respectively to my card account again. But till today i.e 13/03/2012 ,I have not received my money.I try to contact them but they are not reverting back and their chat support still says like trainned PARROT "we have processed you request on our side, in the nearest future money will be withdrawn to your credit card"
In just three days with Exness I already loss $1000 due to their wrong execution and whatever money I have try to withdraw it but they don't give send my money.
Its my humble request to all traders who read this review.Please be extra carefull of www.exness.com. Its a new way of doing scam by increasing spread when it comes too SL or STOPOUT level.
I have all ticket number and request number to prove my each and every word.I have even chat transcript but due to limitation of time and spread ,I am not able to post it here.For more detail you can contact me on devangsurti@hotmail.com
Its a small amount but money is money no matter in which size you lost it
I think that InstaForex broker is a great gift for Nigerian people like me because I have four children, and I pay for the college of two of them, and old father. Money that I make on Forex is really great help for my family.
I'd like to say that I haven't any negative moments in trading with this forex broker: all was smooth and without any problems. Now I took a pause since Dec '11 (after the withdrawal of a large sum of money), and I plan to start trade again in the early March. Of course Instaforex is still my broker.
Not bad execution of orders - only one positive moment in trading with them. Otherwise, I found they're s/l hunters, because my s/l was shooted down twice per 1 month, so, I lost my deposit and... and I can't say something about withdrawal.
I really proud to have instaforex as my broker, because every problem with my trading instaforex can solve my problem very well and fast. Instawallet program facilitate me to move my money from one account to one other account, so anytime i can trading with my account. So proud of instaforex