MyFxBots

Forex broker is a mediator between the Forex trader and the market. It's impossible to trade foreign currency with no Forex brokerage. Many brokerages exist to offer their services in the market with different quality. A good broker provides a trading platform, accepts deposits and processes withdrawals, provides leverage, and promptly executes trading orders, it may also offer educational, bonuses, trade copying, and other resources and tools.

The best Forex broker is hard to be met among hundreds of online currency trading companies. The following aspects should be considered carefully to evaluate a Forex brokerage:

  • Reliability! Its regulation, is it done by a solid authority? To which country does it belong? In case of dispute, will compensation be an easy process?
  • Trading conditions fairness! How low are the spreads and commission? Are the leverage conditions fair? Does it distribute overnight interest rate payments honestly? How fast and seamless does it excute orders?
  • Trading instruments! Does it offer all currency pairs you wish to trade? Does it accept payment methods that are suitable for you? Is the trading platform comfortable for you?
  • Help & Support! Are they proffessional enouph with sufficient knowledge? Do they do their best to answer diffecult inquiries? How long is the latency between traders' issues submission and the broker's answer?
  • Reputition! How old is the broker? Its trader reviews, do they mostly go positive or not? Are these reviews real?

To help you answer these questions, you can find the top best reputated online Forex brokers in the list below prepared by MyFxBots Team:

Top Forex Brokers

Top Forex Brokers 2021
# Broker Headquarter
Regulation
Broker Type
Payment Options
Maximum Leverage
Account Currency
Minimum Deposit
Deposit Bonus Open an Account
1


Since 2007
Australia (Oceania)
ASIC , and FSAS
NDD , and ECN
               
1:500
USD , EUR , JPY , GBP , AUD , CHF , CAD , NZD , HKD , and SGD
No min deposit!
None for now! Check back soon!
2


Since 2010
Cyprus (Asia)
CySEC , FSC , DFSA , FCA , FSA , SV , and FSCA
STP , and ECN
                 
1:1000
USD , EUR , and PLN
$5
3


Since 1998
Russian Federation (Asia)
IFSC , NAFD , FSA , and AFD
ECN
                             
1:1000
USD , EUR , and RUB
No min deposit!
4


Since 2014
United Kingdom (Europe)
FCA , and SIBA
NDD
         
1:500
USD , EUR , GBP , and PLN
$25
5


Since 2012
Belize (North America)
IFSC
STP , and ECN
                         
1:2000
USD , EUR , CNY , and BTC
$100
6


Since 1997
Cyprus (Asia)
CySEC
MM , and STP
             
1:30
USD , EUR , RUB , and PLN
$100
7


Since 2008
Cyprus (Asia)
FCA , and CySEC
NDD , ECN , STP , and MM
                                   
1:2000
USD , EUR , GBP , AUD , CHF , CAD , CNY , NZD , RUB , TRY , IDR , INR , SAR , and JPY
No min deposit!
None for now! Check back soon!
8


Since 1998
Switzerland (Europe)
FINMA
ECN
         
1:200
USD , EUR , GBP , JPY , AUD , CHF , CAD , MXN , NZD , SEK , RUB , HKD , SGD , TRY , and PLN
$1000
None for now! Check back soon!
9


Since 2006
United Kingdom (Europe)
FCA , CySEC , and CNMV
NDD , ECN , and STP
                             
1:500
USD , EUR , JPY , GBP , AUD , CHF , and PLN
$100
None for now! Check back soon!
10


Since 2005
Marshall Islands (Oceania)
Not regulated!
ECN
                                 
1:500
USD , EUR , CHF , and RUB
$10
11


Since 2007
Saint Vincent and the Grenadines (North America)
FSA
NDD , ECN , and STP
                               
1:1000
USD , EUR , and RUB
$100
12


Since 1998
Austria (Europe)
FSC , and CNMV
NDD , and MM
           
1:500
USD , EUR , GBP , CHF , and RUB
No min deposit!
None for now! Check back soon!
13


Since 2008
Vanuatu (Oceania)
SEBI , CySEC , and VFSC
NDD , ECN , and STP
                     
1:1000
USD
No min deposit!
None for now! Check back soon!
14


Since 2007
Russian Federation (Asia)
RAUFR
STP , and ECN
                 
1:1000
USD , EUR , and RUB
$1
15


Since 2005
New Zealand (Oceania)
ASIC , and FCA
ECN , STP , and MM
                       
1:500
USD , EUR , JPY , GBP , RUB , AUD , CHF , and SGD
$1
16


Since 2010
Belize (North America)
ASIC
NDD
                 
1:200
USD , EUR , GBP , AUD , and CAD
$100
17


Since 2007
Virgin Islands, British (North America)
FSC
NDD , and STP
                     
1:1000
USD , EUR , and RUB
$20
18


Since 2010
Cyprus (Asia)
ASIC , CySEC , FCA , and FSCA
STP , and ECN
               
1:1000
USD , EUR , GBP , AUD , JPY , BTC , PLN , and CZK
$50
19


Since 2006
Seychelles (Africa)
CySEC
STP
                               
1:2000
USD , EUR , JPY , GBP , and RUB
$10
20


Since 2009
Belize (North America)
IFSC , and NAFD
ECN , and STP
               
Maximum leverage value is unclear!
USD , and EUR
$1
21


Since 2010
Saint Vincent and the Grenadines (North America)
IFSC
NDD , ECN , and STP
           
1:1000
USD , EUR , and RUB
$5
22


Since 2011
Cyprus (Asia)
CySEC , and IFSC
NDD , and ECN
                       
1:1000
USD , EUR , and GBP
$5
None for now! Check back soon!
23


Since 2009
Cyprus (Asia)
ASIC , IFSC , and CySEC
MM
                       
1:30
USD , EUR , JPY , GBP , AUD , CHF , RUB , and PLN
$5
24


Since 2012
United Kingdom (Europe)
FCA
STP , and DMA
     
1:200
USD , EUR , and GBP
$500
None for now! Check back soon!
25


Since 2014
New Zealand (Oceania)
FCA
ECN , and NDD
             
1:500
USD , EUR , GBP , JPY , AUD , CAD , and NZD
No min deposit!
None for now! Check back soon!
26


Since 2010
Belize (North America)
SIBA
ECN , and STP
                 
1:500
AUD , BTC , CAD , EUR , GBP , JPY , NZD , RUB , CHF , CNY , UAH , and USD
$5
27


Since 2007
Cyprus (Asia)
ASIC , FCA , CySEC , and CNMV
NDD , and STP
                         
Maximum leverage value is unclear!
USD , EUR , JPY , GBP , AUD , CAD , CNY , and RUB
$50

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