1XM Broker Review - XM.COM | TopBrokers.com
NameXM
Web site
Founded in2009
RegulatedASIC, FSC Belize, ...
Reviews53
Minimum Deposit5 $
Maximum Leverage1:1000
Broker typeMM
XM is a trading name for Trading point holdings that has its headquarters in Cyprus with other branches in the United Kingdom and Australia.Trading AccountsXM broker has three account types for its ma...
Read full review
Pros
  • 1. XM Global offers 24/5 customer support

    2. 1000+ trading instruments

    3. Low withdrawal fees

    4. Educational content

Cons
  • 1. Limited platform options (only offering MetaTrader)

    2. This XM review discovered that the broker charges Inactivity fees

2RoboForex
NameRoboForex
Web site
Founded in2009
RegulatedFSC Belize
Reviews105
Minimum Deposit-
Maximum Leverage1:2000
Broker typeNDD, ECN
Supported CountriesRoboForex (also RoboFX) accepts traders worldwide, including Argentina, Belarus, Brazil, Colombia, France, Germany, Hong Kong, Italy, Kazakhstan, Mexico, Nigeria, Russian Federation...
Read full review
Pros
  • - 0% commission on deposits and withdrawal

    - Fast funds withdrawal

    - Copy trading option

    - Affordable minimum deposit of just $10

    - Wide range of trading options and tradable instruments for traders

Cons
  • - Limited Demo account; only available for 30 days

    - No cryptocurrency tools on the R StocksTrader platform

3EXNESS
NameEXNESS
Web site
Founded in2008
RegulatedFCA, CySEC
Reviews66
Minimum Deposit-
Maximum Leverage1:2000
Broker typeNDD, ECN
EXNESS BROKER REVIEW: Full GuideEXNESS AT A GLANCEExness Group is an international forex and CFD broker focused on offering a repertoire of equities, indices, commodities, currencies, and cryptoc...
Read full review
Pros
  • 1. Specialized trading accounts for new and experienced traders

    2. Free VPS hosting, which any trader can qualify for by trading for at least 14 days with a lifetime deposit of $500 3. 24/7 instant money withdrawal

    4. Narrow spreads across trading accounts

    5. No hidden commission fees

Cons
  • 1. The Exness Training resource section is only available in English, limiting traders who don’t understand English from accessing it.

    2. Customer service is unavailable 24/7 in every language.

    3. Unavailable to retail clients in the UK and some US territories.

Visit Site Your capital is at riskRead full review
4FxPro
NameFxPro
Web site
Founded in2006
RegulatedFCA, CySEC, ...
Reviews236
Minimum Deposit100 $
Maximum Leverage1:500
Broker typeNDD, ECN
FxPro SummaryFXPROFxPro Rating - 4.25/5FxPro is a well-regulated ECN forex broker that offers forex and CFD trading. The broker is credible with licenses from several top-tier regulatory bodies plus i...
Read full review
Pros
    • FXpro offers a superb account opening process that is easy to follow
    • Great customer service
    • The broker offers free deposit and withdrawal
    • Clients get negative balance protection on their accounts to protect their funds during unfavorable market conditions
    • The broker has a team of tested advisors
    • Provision of a VPS server
    • Fxpro offers guaranteed stop loss on every trade
Cons
    • The broker only offers CFDs and forex trading options

    • This Fxpro review discovered that the broker charges high trading fees for some stock CFDs

    • Traders also have to pay inactivity fee when they don't trade for sometime

5Instaforex
NameInstaforex
Web site
Founded in2007
RegulatedRAUFR
Reviews79
Minimum Deposit1 $
Maximum Leverage1:1000
Broker typeNDD, ECN
Unique Selling PointsWide range of trading instruments: InstaForex offers over 100 currency pairs, as well as CFDs on stocks, indices, commodities, and cryptocurrencies. This allows traders to di...
Read full review
Pros
    • Wide range of trading instruments, including over 100 currency pairs, cryptocurrencies, and metals.

    • Competitive spreads and high-leverage options are available for traders.

    • Multiple trading platforms to choose from, including MetaTrader 4 and 5.

    • Flexible deposit and withdrawal options, including various e-wallets and cryptocurrencies.

    • Comprehensive educational resources and analytical tools are available to support traders. 

Cons
    • High withdrawal fees for specific payment methods.

    • Limited options for social trading or copy trading.

    • No support for traders in the United States due to regulatory restrictions.

6Alpari
NameAlpari
Web site
Founded in1998
RegulatedFSC Belize, NAFD, ...
Reviews22
Minimum Deposit100 $
Maximum Leverage1:1000
Broker typeECN
Alpari Broker SummaryALPARI FOREX BROKER DESCRIPTIONAlpari Broker is a leading Forex broker with clients across 150 countries. The broker is a member of The Financial Commission with its HQ in Russia....
Read full review
Pros
    • A wide range of trading instruments, including Forex, Spot Metals, Commodities, Stock Trading, Indices, and Cryptocurrencies.

    • Demo accounts are available to practice and test trading strategies before committing real funds.

    • Multilingual customer support is available via phone, live chat, or email.

    • Multiple educational tools, including webinars, trading strategies, and market reviews.

    • Alpari is a regulated broker with strict customer fund safety mechanisms in place.

Cons
    • Withdrawal fees are charged on several withdrawal methods offered by the Broker.

    • Limited research and analysis tools are available compared to other brokers.

    • High minimum deposit requirements for certain account types.

7Alfa-Forex
NameAlfa-Forex
Founded in2016
RegulatedCBR
Reviews1
Minimum Deposit-
Maximum Leverage1:40
Broker typeNDD
Unique Selling PointsRegulation and Licensing: AlfaForex is a fully regulated broker licensed by the Central Bank of Russia. This regulatory body is highly respected and is known for its strict r...
Read full review
Pros
    • Regulated by the Central Bank of Russia, ensuring a high level of security for client funds.

    • Offers a wide range of assets, including forex currency pairs, commodities, indices, stocks, and cryptocurrencies.

    • Competitive spreads start from 0.1 pips.

    • Multiple trading platforms are available, including MT4, MT5, and Alfa-Forex Trader.

    • Customer support is available in multiple languages via email, phone, and in-person visits.

Cons
    • Not available for US clients.

    • A limited selection of account types to choose from.

    • No social trading or copy trading options available.

    • No bonuses or promotions are offered to clients