Recommended Forex Brokers

Here is the list of the Forex trading brokers with the favorable trading conditions and a decent reputation among the currency market participants. If you prefer flexible Forex trading conditions with little bureaucratic procedures, then these brokers are recommended for you:

FXOpen — one of the most popular MetaTrader Forex brokers with an easy entry limit and a really fast execution (they constantly invest into new trading servers):

  • Welcome bonus system
  • $1 to start trading
  • WebMoney, LibertyReserve, CashU, E-Bullion and other payment options
  • Traders’ contests with real bonuses
  • 1–2 pips spreads on majors

InstaForex — known for their aggressive bonus and competition promotions, this broker offers extremely flexible leverage and has a very dedicated support:

  • MetaTrader trading platform
  • Flexible leverage — from 1:1 to 1:1000
  • WebMoney, Moneybookers, e-Bullion and other payment methods
  • Starter’s bonus — from $30
  • Open account with only $1

AvaTrade — original Forex broker with almost 8-year history of satisfied customers. Except traditional Forex trading provides also CFD, gold and oil trading:

  • 1:400 leverage
  • Custom trading platform
  • Trade oil, gold and other commodities
  • WebMoney, PayPal and many other ways to fund your account
  • MetaTrader platform for Forex and commodities trading

Forex4you — ultimate decision for small-scale traders. With Forex4you you can trade even with cents:

  • Deposit with WebMoney, LibertyReserve and other ways
  • Ultra-micro lots — 0.0001 of a standard lot
  • MetaTrader platform for trading
  • Get paid an interest on your account balance

4 thoughts on “Recommended Forex Brokers

  1. mike

    Hello… Congrats for the great blog:). I’m a newbie at the forex world! I’ve been reading about it and even tried a demo account. It seems that Forex investing, if done methodically, can be a fascinating way to make business! I’ll practice a lot more before trying a real account. But I’ve been reading about forex brokers and I should say… IM PANIKING!!! There seems to be a lot of conflict of interest between clients and brokers, specially market makers! I’ve read gruesome stories about wrong strange broker procedures… even the most known and publicised brokers have hundreds of online complaints at the forex forums. Who can I trust? I’m scared about the REALITY of forex and their agents! Your post seem helpful but I would like to know what criteria did u use to make this list? Do you have any advice on the matter? Again, congrats for the great information… you guys rule:)

    Reply
  2. enivid

    You know, I’ve read a lot of complaints on-line about almost all Forex brokers. But during my 4-year experience as a Forex trader I’ve never encountered any “bad” behavior from any of them. That makes me think that 90% of the problems should be blamed on the traders themselves.

    Reply

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