Forex Broker Ranking 2022
Updated : 2 April 2022
1. XM Group
★★★★★
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 IFSC.
XM Cyprus: Regulated by the Cyprus Securities and Exchange Commission.
- Year Founded : 2009
- Regulators : CySEC / FCA / ASIC / IFSC
- 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
2. Pepperstone Broker
★★★★★
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
3. IC Markets Broker
★★★★★
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
4. FP Markets 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 : ASIC / CySEC
- 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
5. FBS Broker
★★★★★
FBS Markets Inc.
Registration No.119717 and regulated by IFSC. License number IFSC/60/230/TS/18 , Address No.1 Orchid Garden Street Belmopan Belize C.A.
- Year Founded : 2009
- Regulators : CySEC / IFSC
- 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
6. LAND-FX Broker
★★★★★
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
7. FOREX.COM
★★★★★
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: $50
- Maximum Leverage: 1:50
- Average EURUSD Spread : 1.2 pips
- US Clients : Yes
- Funding Methods : Visa/Mastercard/Maestro, Wire Transfer
- Platform : MT4
8. FXTM Broker
★★★★★
ForexTime Limited
Regulated by the Cyprus Securities and Exchange Commission. License number 185/12. Licensed by the Financial Sector Conduct Authority of South Africa with FSP No. 46614. The company is also registered with the Financial Conduct Authority of the UK with number 600475
ForexTime UK Limited
Authorised and regulated by the Financial Conduct Authority. With license number 777911
- Year Founded : 2011
- Regulators : CySEC / FCA / IFSC
- Promotion : Deposit Bonus 30% , Up to 300$
- 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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