Best Forex Brokers Reviews 2023 - Compare Ratings

BROKER REVIEWS OVERVIEW

Since "well begun is half done" is true across almost all realms, it is also true when it comes to your forex trading journey. Consequently, the initial choice of selecting your preferred broker becomes a crucial one, one that can make or break your eventual course in the trading world. This is why your broker should be chosen wisely and carefully and most of all chosen exactly because what the broker offers best matches and serves what you as an individual trader need and require. Reviewing all the available online forex brokers and evaluating their features and offering in order to identify which suits you best would be almost impossible, a daunting task that would require much time and effort.

Our team of resident experts offers a helping hand and simplifies the process for you by preparing handy and insightful reviews of online forex brokers, making sure all the necessary information you need to know and take into account in order to make the right and most suitable choice of broker is put at your fingertips, thus saving you both time and effort and maximizing your chances for eventual trading success. Find the right forex broker for you today by consulting our trusted forex broker reviews and using our handy forex broker comparison tools.

The Best Forex Brokers in 2023

OspreyFX

4.3 / 5

Rating breakdown

Security

80%

4.0/5

Ease of Use

80%

4.0/5

Tradable Assets

100%

5.0/5

Deposit and withdrawal

80%

4.0/5

Trading Fees

100%

5.0/5

Support

80%

4.0/5

Things we liked:

 Up to 500:1 leverage
 Low minimum deposit requirement

Things we didn't like:

 Absence of a direct telephone number for customer support
 Ospreyfx is not a fully licensed and regulated broker

eToro

3.8 / 5

Rating breakdown

Security

90%

4.5/5

Ease of Use

80%

4.0/5

Tradable Assets

80%

4.0/5

Deposit and withdrawal

60%

3.0/5

Trading Fees

60%

3.0/5

Support

80%

4.0/5

Things we liked:

 eToro offers commission-free stock and ETF trading in Europe and offers low fees for non-EU clients.
 Account opening is fast and seamless.
 It has innovative features like social trading that lets you copy others.

Things we didn't like:

 eToro has unreliable customer service, and its trading platform freezes sometimes.
 Education tools are very limited.

FXTM

3.7 / 5

Rating breakdown

Security

80%

4.0/5

Ease of Use

80%

4.0/5

Tradable Assets

80%

4.0/5

Deposit and withdrawal

80%

4.0/5

Trading Fees

60%

3.0/5

Support

60%

3.0/5

Things we liked:

 Fast FXTM customer service in several languages.
 Plenty of educational tools.
 Fast account opening

Things we didn't like:

 FXTM charges inactivity and withdrawal fees.
 High financing costs for overnight positions
 Limited product portfolio

Admiral Markets

3.7 / 5

Rating breakdown

Security

80%

4.0/5

Ease of Use

60%

3.0/5

Tradable Assets

80%

4.0/5

Deposit and withdrawal

80%

4.0/5

Trading Fees

80%

4.0/5

Support

60%

3.0/5

Things we liked:

 A very well-established brokerage
 Huge variety of asset CFDs and derivatives to trade
 Comparatively low fees

Things we didn't like:

 Not suitable for beginner traders
 Potentially not available for US traders

TradeOr

3.7 / 5

Rating breakdown

Security

80%

4.0/5

Ease of Use

80%

4.0/5

Tradable Assets

60%

3.0/5

Deposit and withdrawal

80%

4.0/5

Trading Fees

60%

3.0/5

Support

80%

4.0/5

Things we liked:

 Zero commission policy
 Customers support is available 24/7
 Up to 500:1 leverage
 Low minimum deposit requirement

Things we didn't like:

 No demo account
 TradeOr offers only one payment method – bitcoin

Thorfx

3.3 / 5

Rating breakdown

Security

70%

3.5/5

Ease of Use

70%

3.5/5

Tradable Assets

60%

3.0/5

Deposit and withdrawal

60%

3.0/5

Trading Fees

50%

2.5/5

Support

90%

4.5/5

Things we liked:

 Accepting US Clients Up to 500:1 leverage
 Low minimum deposit requirement

Things we didn't like:

 Absence of a direct telephone number for customer support
 Thorfx is not a fully licensed and regulated broker

EagleFX

3.2 / 5

Rating breakdown

Security

20%

1.0/5

Ease of Use

80%

4.0/5

Tradable Assets

40%

2.0/5

Deposit and withdrawal

100%

5.0/5

Trading Fees

60%

3.0/5

Support

80%

4.0/5

Things we liked:

 Bitcoin funding
 Free deposits and withdrawals

Things we didn't like:

 Country restrictions
 No Promotional Competitions
 Unregulated

Need Help With Selecting Your Forex Broker?

Our Educational Center and other articles posted on start-business-online are a valuable source of tips, advice and views on selecting a broker that will meet your needs. Therefore, besides the comparison table, make sure you also browse through our other relevant content before commiting to open an account with a particular Forex broker.

In an effort to make your life easier when taking the difficult decision and choosing the Forex broker that is most suitable and appropriate for you, start-business-online has devised this neatly presented, interactive, comparison table, which not only summarizes the main features of each broker in just one row of essential data, but also includes three useful links.

By clicking on the “read review” link you acquire instant access to the review posted on start-business-online about the particular broker you have selected. This detailed review represents our opinion about each Forex brokerage included on our table.

If you are particularly interested in one specific broker and would like to get a full view of what is going for them, including all their news, events and promotions, then simply click on the “broker news” link.

Lastly, once you have selected your favourite Forex broker and you feel ready to start trading through them, then click on the “Open Account” button in that broker’s row. Bear in mind that if you reach the broker by clicking on our link, this automatically qualifies you to receive the exclusive bonus that our visitors are entitled to with each specific broker.

Although we strive to update all the information included on the table constantly, the lucrative Forex industry is so rapidly developing and evolving that it is perhaps impossible to always being able to keep up to pace. Therefore, start-business-online cannot assume responsibility for any errors or omissions in the data provided here.

NOTE: We are constantly updating our Trusted Forex Brokers Comparison table so that it reflects which firms we feel are the current best Forex Brokers for 2023.