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Updated: 10-Oct-2023

Best Global Forex Brokers 2023

Forex Broker Ranking
Updated: 10 October 2023


1. BlackBull Markets

BlackBull Markets Broker Reviews

★★★★★

BlackBull Markets is a global Forex and CFD broker founded in 2014
The company is regulated by the top-tier Financial Markets Authority of New Zealand (FMA)
and the Financial Services Authority of Seychelles (FSA)
The company offers access to 26,000+ tradable instruments (Equities, FX, CFDs, Commodities)

  • Year Founded : 2014
  • Regulators : FMA / FSA
  • Minimum Deposit : $0
  • Maximum Leverage 1:500
  • EURUSD Spread From : 0.0 pips
  • US Clients : No
  • Funding Methods : Visa/Mastercard, Bank Wire, Neteller, Skrill, UnionPay, FasaPay
  • Platform : MT4/MT5, WebTrader, TradingView, BlackBull Shares

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2. XM Group

XM Forex Broker Reviews

★★★★★

XM UK: Authorized and regulated by the Financial Conduct Authority.

XM Australia: Licensed by the Australian Securities and Investment Commission.

XM Global: Regulated by the FSC.

XM Cyprus: Regulated by the Cyprus Securities and Exchange Commission.

  • Year Founded : 2009
  • Regulators : CySEC / FCA / ASIC / FSC
  • Promotion : Deposit Bonus 50% and 20% , Up to $5,000
  • Minimum Deposit : $5
  • Maximum Leverage 1:888
  • Average EURUSD Spread : 0.8 pips
  • US Clients : No
  • Funding Methods : Visa/Mastercard, Bank Wire, Neteller, Skrill, Webmoney
  • Platform : MT4/MT5

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3. Exness

Exness Forex Broker Reviews

★★★★★

  • Year Founded : 2008
  • Regulators : FCA / CySEC / FSA
  • Promotion : Swap-Free 2 Level, Free VPS Server
  • Minimum Deposit : $10
  • Maximum Leverage : Unlimited
  • Average EURUSD Spread : 1.0 pips
  • US Clients : No
  • Funding Methods : Visa/Mastercard, Bank Wire, Neteller, Skrill
  • Platform : MT4/MT5/Social Trading

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4. IC Markets
icmarkets Forex Broker Reviews

★★★★★

IC Markets (International Capital Markets)

Holds an Australian financial services licensed. To carry on a financial services business in Australia. Limited to the financial services covered by its AFSL.

  • Year Founded : 2007
  • Regulators : ASIC / FSA / CySEC
  • Promotion : Free VPS Server
  • Minimum Deposit : $200
  • Maximum Leverage 1:500
  • Average EURUSD Spread : 1.1 pips
  • US Clients : No
  • Funding Methods : Visa/Mastercard, Bank Wire, Neteller, Skrill, Paypal
  • Platform : MT4/MT5

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5. Pepperstone
Pepperstone Forex Broker Reviews

★★★★★

Pepperstone Group Limited

Registered in Australia. At level 16 tower one 727 Collins Street  Melbourne VIC 3008. And Licensed and regulated by the Australian Securities and Investments Commission.

  • Year Founded : 2010
  • Regulators : FCA / ASIC
  • Promotion : Discount 20% for VPS server
  • Minimum Deposit : $200
  • Maximum Leverage 1:500
  • Average EURUSD Spread : 1.1 pips
  • US Clients : No
  • Funding Methods : Visa/Mastercard, Bank Wire, Neteller, Skrill
  • Platform : MT4/MT5

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6. FOREX.COM
Forex.com Broker Reviews

★★★★★

FOREX.com

Trading name of GAIN Global Markets Inc. Authorized and regulated by the Cayman Islands Monetary Authority. Under the Securities Investment Business Law of the Cayman Islands (as revised). With License number 25033

  • Year Founded : 2001
  • Regulators : CFTC / FCA / JFSA / IIROC
  • Promotion : $50 Bonus Deposit
  • Minimum Deposit: $50
  • Maximum Leverage 1:50
  • Average EURUSD Spread : 1.2 pips
  • US Clients : Yes
  • Funding Methods : Visa/Mastercard/Maestro, Wire Transfer
  • Platform : MT4

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7. LAND-FX
Land FX Brokers Review

★★★★★

Land-FX UK Ltd

  • Year Founded : 2012
  • Regulators : FSA
  • Promotion : Event Promotion
  • Minimum Deposit : $10
  • Maximum Leverage 1:1000
  • Average EURUSD Spread : 0.8 pips
  • US Clients : No
  • Funding Methods : Visa/Mastercard, Bank Wire, Neteller, Skrill, Sticpay
  • Platform : MT4/MT5

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8. FP Markets
Fpmarket Broker

★★★★★

FP Markets is a trusted global CFD and Forex broker established in 2005
Regulated by the Australian Securities and Investments Commission
and Cyprus Securities and Exchange Commission
The broker offering to traders CFDs across Forex, Equities, Commodities, Crypto and Futures.
Segregation of client funds and top tier liquidity.

  • Year Founded : 2005
  • Regulators : ASICCySEC
  • Minimum Deposit : $100
  • Maximum Leverage 1:500
  • Average EURUSD Spread : 0.0 pips
  • US Clients : No
  • Funding Methods : Visa/Mastercard, Bank Wire, FasaPay, Klarna, South American Payment, Neteller, Skrill, PayPal
  • Additional Funding Methods : BPay, Poli, Paytrust88, NganLuong, Broker to Broker, Union Pay
  • Platform : MT4/MT5, Iress

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9. FBS
FBS Forex Broker Reviews

★★★★

FBS Markets Inc.

  • Year Founded : 2009
  • Regulators : CySEC / FSC
  • Promotion : Deposit Bonus 100%
  • Minimum Deposit : $1
  • Maximum Leverage 1:3000
  • Average EURUSD Spread : 1.1 pips
  • US Clients : No
  • Funding Methods : Visa/Mastercard, Bank Wire, Neteller, Skrill
  • Platform : MT4/MT5

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10. FXTM
FXTM Forex Broker Reviews

★★★★

ForexTime Limited
Regulated by the Cyprus Securities and Exchange Commission. License number 185/12. Licensed by the Financial Sector Conduct Authority of South Africa with FSP No. 46614. The company is also registered with the Financial Conduct Authority of the UK with number 600475

ForexTime UK Limited
Authorised and regulated by the Financial Conduct Authority. With license number 777911

  • Year Founded : 2011
  • Regulators : CySEC / FCA
  • Promotion : Deposit Bonus 30% , Up to 300$
  • Minimum Deposit : $5
  • Maximum Leverage 1:1000
  • Average EURUSD Spread : 1.1 pips
  • US Clients : No
  • Funding Methods : Visa/Mastercard, Bank Wire, Neteller, Skrill, Webmoney
  • Platform : MT4/MT5

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