Real Forex brokers reviews
To conduct successful trading, you need to find a reliable intermediary. Forex brokers reviews from other traders will help you successfully cope with this task. It is important to emphasize that real people publish them. Thanks to this, you get the accurate "first hand" information about the brokers you are interested in. Successful traders recommend first reading them and only then starting to work. Comfortable search engine allows to quickly find Forex brokers reviews at any convenient time.
Advantages: Unlimited demo accounts, stable software, speed of execution 1 sec, no commission
Disadvantages: no swap free
Comment: I have been trading for a couple of years through this broker. I like our cooperation, but there is not enough just swap free.
Advantages: Account manager tips and clues, many tools to trade, good spreads
Disadvantages: None at all
Comment: This broker has done good work in Africa. I first heard about FXTM when they had a seminar here in South Africa, and I did not even know about forex. A friend had told me about it, and I learned a lot about the market at the seminar. Agents of the broker helped me set up an account and they even trained me on how to trade. Since then, I have been getting newsletters from FXTM that help me a lot. I am not a very good trader and the newsletters are very helpful. About the trading, it is also excellent because the trading platform is good, I use MT4 which I can add indicators to and they really help. I have never had any problem trading with FXTM ever since I started and I would recommend them to anyone within Africa, even those outside here.
Advantages: Tight spreads, good trading conditions
Disadvantages: No MT5
Comment: For a year, exness have not been bad for me and I don’t need another replacement broker because they are good enough. My account is still active and the money is still safe. I used another broker last year and they refused to withdraw my money saying that my account had irregularities. After many complain, they said they were reviewing my case and after one month I gave up Exness have never stolen from me and I make withdrawals every month. When I trade they have good features because of many trading instruments and very tight spreads, no problem with hanging or misquotes. I really love the broker, but I think they can improve on the MT5 platform, that’s why I give 4 stars.
Advantages: Minimum deposit 0, demo account, mobile trading, don`t delay withdrawal of funds
Disadvantages: max. leverage 1:500
Comment: I am completely satisfied with the cooperation with these brokers. Quotations are updated on time, the indicators do not speculate.
Advantages: mobile platform
Disadvantages: nothing I would complain about
Comment: I would like to commend this broker for the convenience of mobile trading. I just downloaded their app from Google Play. My previous broker doesn't have that feature but theirs helped me monitor my orders anywhere I go! It's as fast as the browser platform but I only use it to monitor my trades. It also shows me real time updates so I can always rely on it whenever I look for better trading opportunities. All those features in 1 app while it is easy to use and understand as well
Advantages: broker service
Comment: For some weeks i been relying on their signals in making my orders. My broker didn't cease to calling me for strong signals but just last monday he gave me a signal that made me lose more than 10% of my equity :( Luckily i was able to put a stop loss. Not that I blame them a lot because i always thought their signals were all reliable. But just that time it failed me. Anyway I learned my lesson to do my own research not just rely on them. I still continue with them after that and they still give me good service especially my broker who still personally call me for updates regarding my account.
Advantages: Good interface, fast transactions
Disadvantages: big minimal deposit
Comment: I came over Alfa-forex about three months ago. Firtsly I put little amounts of money to be sure that this broker is really trustworthy. And to tell you the truth Alfa-forex the best broker I tried. No problems with transactions and very intellectual and convenient interface.
Comment: I’ve been trading with Robo Forex for 4 month already, and I am able to state that it is the most convenient and productive platform to trade. All the conditions are quite beneficial and comprehensively explained. Trading with Robo Forex you can be sure you conduct an honest business.
Advantages: Very fast withdrawal, live chat, demo account
Comment: I trading with Forex4you three profit years! Many indexes Very good broker. Withdrawals for one hour is done. Low ping to servers. Many investment tools for traders. Very recommended.
Advantages: payment methods platform bonus
Disadvantages: customer service
Comment: I really liked this broker for the 3 months I've been with them. My only issue is sometimes its hard to get a hold on them whenever I need assistance. I always have to call 2-3 times before I could go through because their line is always busy. Although I can forgive them for it because that's the case for most brokers. THeir service is still incredible that it makes up for the problem
Advantages: Reliable dealing center, high level of service, no problem with withdrawal
Disadvantages: There is always a risk of losing money in the Forex market
Comment: One of the largest and most reliable forex brokers with branches around the world, and the first company in which I opened an account. I have never had any problems for three years of successful trading with this broker
Advantages: Reliability, friendly client support team, fast withdrawal
Disadvantages: No phone trading; minimum deposit is too high
Comment: Everything's going pretty well so far. The trade conditions are quite acceptable and I highly appreciate the customer support team's effort. Good service and friendly staff. And most importantly – fast withdrawal.
Advantages: Nothing anymore
Disadvantages: Suspicious activities
Comment: I once wrote good review for this brokers, and I want to give an update. Back then, I was not making money and everything was good, and now when I am profitable my account was suddenly closed for no reason. They say they have banned my account for violations but I have not done anything wrong and I have been a trader for months. This is very unfair and now I can't even take my money out!
Advantages: Good quality services, good customer support, accepts US clients
Disadvantages: Spreads could be lower
Comment: I am in the US so many brokers don't accept US clients so I was technically forced to choose Forex.com. I don't regret the decision in any way. I have been a trader since the start of the year, and that makes me an authority to speak about the broker. They are good brokers all through and I love all their services. Trading facilities are awesome and there are very many trading instruments available, even stocks and oil and gold. The good thing is that they don't need too much capital for this and I am happy because I am not that wealthy. Hopefully I will be if I continue the same way the next 10 years. Customer service is also awesome, and they have never failed to be helpful whenever I had a complaint. Moneywise, also awesome, withdrawals don't take more than 3 days, and my bank recognizes them so I don't have to go through verification processes. I am very happy and I urge people from outside the US to try them, they really are awesome.
Advantages: Rather low minimum deposit requirement, many bonuses
Disadvantages: Not enough ways to withdraw funds from the account
Comment: I am a beginner in trading, so I was looking for a reliable broker. I was delighted by the presence of a demo account with which I learned a lot about the stock exchange and worked on my strategy of earnings. In my view, it is one of the best brokers for the beginners!
Advantages: Old reliable broker, fast withdrawal, qualified support service
Comment: I trade on Forex4you about a year. Good broker with a completely suitable work rate, very simple management and quick input and withdrawal. Tech support works clearly, many times corresponded with them, some contentious issues are dealt with in detail and very quickly.
Comment: They provide the great platform. The opening and closing of an orders execute fast, the connection doesn’t get lost. Quotes are always correct and never lag. Lots of good services and features.I’ve had no complaints about the broker.
Advantages: The minimum deposit is 20 dollars, live spread, demo account, live chat SUPPORT
Disadvantages: Demo accounts with time limit
Comment: I started my activity in the forex market with this broker. The only negative is the time limit for the demo account. And in the rest everything is excellent: tech support, software for trading, speed of work, live spread.
Advantages: fast money withdrawal, absence of requotes
Comment: I highly recommend it. No complaints at all. The terminal works well. The support team is professional. Their demo accounts are rather good to feel the platform before you begin the real trading.
Advantages: Many products, not expensive, capital requirements
Disadvantages: Big spreads
Comment: Good work IG, you make me have faith in this business again even though my other brokers before were not any good. I don't like spreads that is bigger that other brokers but good there are no commissions. That is not expensive so much anyway. Actually trading is perfection, things go smoothly and it is stocked with products. Money services are also very fast, I use it every week, no problem. I like this brokers
Advantages: Unique services, well known broker
Comment: These guys have some very good services to offer, and they are truly unique among Forex brokers. You can cancel an order even after the trade has already been activated, then there are many forex currencies and options and futures. I have traded for some months with success, they do not steal your money or do any other form of manipulation. You can trust them to be good to you and not screw you.
Advantages: Different payment methods, mobile applications for trading, minimum deposit of 5 dollars
Disadvantages: I want more currency pairs
Comment: I recently traded through this broker, but I like everything. The first deposit is not high, they work with different electronic payments. There are mobile applications for trading. If the broker adds a few more currency pairs, it will be perfect.
Advantages: They have a good number of financial instruments
Disadvantages: Some things missing in commodities like silver
Comment: Speaking as someone with a demo account, I can't give this broker 5-stars. Most of the services provided seem like they are good, I especially like that they are a true ECN broker. The spread on EUR/USD today when the ECB meeting was going on got as high as 10 pips which is not bad. Other brokers hike spreads to 20 when there is news announcements. I was trading today when the news was coming out and my orders were filled instantly, something else I liked. However, I find some things lacking, like some popular stocks and commodities. I was disappointed they did not even have silver to trade, and I really like commodities. It seems they have focused on indices, and I was surprised they even have the DXY. Because of what they don't have, they don't get 5 stars from me, but they look really good, so I give 4 stars. When I open a live account, I will come back to tell you how it goes here
Advantages: Many currency pairs, bonuses, update rate, sympathetic support
Disadvantages: I'm waiting to add bitcoin
Comment: I've been working with this broker for two years now. It's nice to deal with professionals, the system works quickly and steadily. Transactions can be quickly closed, but I wait when there will be an opportunity to trade bitcoin.
Advantages: Makes you knowledgeable about trading in all aspect.
Disadvantages: Wasting time
Comment: I have been rehearsing currency trading through the demo account of ForexMart for a month now and it works fantastic. I can use up to $500,000 which is ample enough for me to put to the test on trades in different amounts. It mimics real-time quotations in the market which is really great that set it to be relevant in trading.
Advantages: Fast execution, good customer support
Disadvantages: Margin requirements are high for commodities
Comment: This is very good broker and I have been a trader for many years and used very many brokers in that time. Brokers with a bonus always scare me because they appear fake, but I saw very many good reviews and decided to try. The bonus is only for micro account, but still true because i was able to make a profit and withdraw money. I make the deposit for a live account and they are still trusted because they did not refuse to allow withdrawal. Everything else is good also because speed of trading is fast also when there is volatility. This broker also full of forex pairs, stocks and commodities which provide access even with standard account. Customer support is also good and accurate. Very good broker.
Advantages: a fully regulated forex company with a lot of clients
Disadvantages: tight spreads
Comment: They have nice and smooth platform. Withdrawal request usually takes a little time but money gets in. You get rather good support and pretty bonuses with IC Markets.
Advantages: Reliable broker
Disadvantages: High costs, no MT4
Comment: I love this broker. I have traded for more than 5 years without any problems whatsoever. Charges are high, but it's worth it for the quality of service you get and if you don't put in too many trades then you will not even notice. Speed is very quick when placing orders every time and requotes are rare only when there is volatile markets. I also like that I get positive swaps not like other brokers like FXCM, I think they were fined for this. As long as learn Jforex, this brokers will not disappoint you
Advantages: low commision
Comment: Highly recommend. You get rollover rates and customer service if you stay with them. I enjoy trading with FIBO Group because I get guaranteed orders and no slippage.
Advantages: Big name worldwide, good regulator ASIC
Disadvantages: Short on stocks and crypto
Comment: Almost perfect broker all round, good enough for me after my past experiences with other brokers. Australia is a good regulator, first of all, that is why I chose IC Markets. The broker also had many clients and is listed among the brokers with highest daily trading volume worldwide. It's something to think about when you need a broker, because many clients naturally means there are many reasons to stay. Anyway, after my research, I started with demo account, that was in January and here's what I liked - Forex currencies are plenty, but not a lot of extras like stocks. Futures are great though, and the usual commodities are there. I made my first deposit in April and have been using IC since then with good performance. Spreads are very tight, but that is because they use commissions, and leverage is high. I would totally recommend IC markets
Advantages: fast execution, good customer support
Disadvantages: no deposit bonus
Comment: Exness is a good broker that you can trust.The realisation of the promises are perfect, rather good platform. I have traded with it for a few weeks now, so I can recommend it.
Advantages: Good services
Disadvantages: Nothing remarkable
Comment: If you think HYCM is going to be a favourite broker, you will be wrong. HYCM is just average in all ways and nothing is superb. Let’s see, spreads, good, sometimes spreads go up to 5 when things are hectic, and they can go to lows of 1.5. Some other brokers have better brokers with low as 1.2 like XM brokers. With Forex currencies, it is okay with like 50 of them, not bad. Other things like metals and energies are poor with only like 10 or 20. I don’t know about customer support but it is not a big deal. That is why I say they are not the best
Advantages: Islamic accounts, good help on live chat in my language
Disadvantages: No problems
Comment: I wanted a broker who had Islamic compliant account and XM are good for it. Other than that, other things are also good because speed is fast when putting in orders and no delays or hanging. Many tools to see and trade on top of Forex pairs like oil and gold and stocks. Live chat is very helpful and they help me every time I have a problem with my account or when I need help with trading. Good broker XM and I don't need another
Comment: As a trader with a large working experience, I am able to state that RoboForex is one of the best trading platforms available nowadays. One of the most important factors is that money withdrawal process is very simple and quick. In addition, the registation process and work in client cabinet is very convenient.
Advantages: Minimal deposit-5$,understandable interface,without freezing
Disadvantages: There is no analytics section
Comment: Pretty reliable broker with a huge divercity of trading tools.Also,they give a cool bonus on firts deposit.And,of corse,the most pleasant lies in quality interface,which easy in use. Five stars-its a good rate for this broker.
Advantages: First,it's a big divercity of trading instruments. Second,is a simple system,where anyone can understand,how to use it.
Disadvantages: I didn't find anything
Comment: I wounder,why a lot of people writing so negative reviews.For my opinion,it's a very reliable broker without freezing.
Advantages: Good spreads and many instruments
Disadvantages: Bad customer service, slow transactions
Comment: I had really bad time with FxPro and I don’t recommend this broker at all. It started good when I had demo account for like a week, making good profit and liking the services of the broker. then I put my real money inside and the story was different. From day one I was seeing problems with execution speeds. When I talk to the customer support they say the problem is my internet connection. I say I don’t understand if everything was good on demo account and they say it’s my problem not theirs. So I decide to withdraw my money because I am already seeing losses because of speed. It took me almost 2 weeks to receive my money in the bank. That is very slow according to me. I don’t even know how their other products are, but I feel like they are not a good broker. and they are professional scammers because you will not see problem in demo but real account is disaster. Customer support also really sucks because it was like the agent was asking someone else and you know because they take a long time to respond to simple questions. That is not a sign of a good broker. I checked other reviews, aand many are good 5-star which I don’t understand because I never saw anything good here.
Advantages: They have everything you may want to trade
Disadvantages: None that I know of
Comment: Oh yeah, I love Exness broker and happy because they are not a bad broker like the others I have tried. I started a demo account to see if they had everything I wanted, and there was even more. I like to trade stuff like gold and oil, all of them were tradable and there were also a lot of stocks. I don’t trade stocks but I was happy to see it there and other indexes. When I made the deposit, it was quick and no charge, free deposit and I got a bonus on top. Thumbs up btw! Trading was smooth all the way, never had any hanging even when traffic was high and volatility. Now it is a week, but I am happy, I will check back after a month to tell you how I am doing
Advantages: fast orders low fees
Disadvantages: some currencies not available
Comment: i initially created an account with a different broker but their fees are too much for me because i like trading frequently with small trades similar to day trading but a few days apart and multiple orders at once. they said an ecn broker would be better for my caase and i found that trade12 is offering it so i tried them out. bit more expensive to open the account (deposit requirement) but realy worth it. my orders were made faster with less fees deducted! i was really impressed by this broker
Advantages: Good name, long-term existence, many clients including institutions
Disadvantages: Tough entry requirements to lower net worth individuals
Comment: Speaking as a trader with experience for 10 years, I have some tips to offer everyone. Choosing a broker is very important, but you should not rush into it. I have been with CMC for like 5 years, and back when I started there were not many brokers like today. I have seen many companies come and go for one simple reason, their operations are unsustainable. You cannot expect to offer 1000:1 leverage and survive long because people will lose money and come here to blemish the name of the broker. Things like bonuses and high leverage are desperate attempts by a broker to get clients and trust me you don't want to work with a desperate broker. A company like CMC has ties to the top tier 1 banks to ensure you get the best quotes all the time. Sure, sometimes you think their leverage or capital requirements are mean, but that is the way it is supposed to be. Do not be tempted by small things, look at the big picture if you want to survive in this industry. (Drop the mic)
Advantages: Good reputation, many clients
Disadvantages: All trading instruments are CFDs, even Forex pairs
Comment: Thank God I saw Plus500 because in my many years in Forex trading I have been caught in many Forex scams. For me, I decided to use Forex for investment, and I usually invest a lot of money. Many brokers before this one were just thieves because after a few days you find overnight swaps have accumulated like hell and you don't even have any profit left. This broker also have overnight and weekend swaps, but they are very transparent about them with all tools. I will admit spreads are not the tightest in the industry, but that is not my concern. As I said, I am a long term investor, and anyone else who does not scalp markets will agree. There are a lot of things you can trade with Plus500, stocks from UK and US and now even bonds. These are all good options for an investor. I feel like this broker is targeting high value clients with many of their services, which is fine by me. They have had my money for more than a year and I have not even made one complaint ever. I am very very happy Plus500, good work!
Advantages: Good execution speed, many currencies, helpful support
Disadvantages: Missing trading instruments and bitcoin
Comment: I agree with Nandy, FXTM is a good broker and I have worked with them a long time of 2 years. I lost money back then and was like other people blaming the broker but now I am a good trader and make money. Before pointing fingers, look at yourself and accept you are to blame. Don't blame the brokers and keep learning from your mistakes. I use this website to learn strategies and I have become a better trader. It takes hard work and understanding. I don't even use robots but I make longterm trades and make a lot of profit. When it comes to making withdrawal, no problem there and I am very happy. I wish they had some other instruments like futures in agriculture, I love trading those but I just use FxPro for that. They are good too. Actually many brokers are good in their own way and only few are real crooks, the main problem is you.
Advantages: VPS servers, account manager, good customer support
Disadvantages: Not enough exotic pairs
Comment: Whats up with people, this is good broker. I think the negative review are coming from bad traders who lose money and blame the brokers. FYI majority of brokers are losers in forex market, its not because of brokers, its people don’t know to trade well. Someone said the broker has different quotes from another broker, this is normal, when every broker has a different liquidity provider. Even stock market quotes are different in NYSE and LSE sometimes. Slippage is also a common complain but it is also normal. Requotes are normal again because of requotes. Hanging platform is usually your problem because of slow computer or internet don’t blame the broker. I use a VPS server and I have never hanged on a trade. My point is you need to start looking at yourself and not point fingers to the broker.
Comment: They are far the best broker I have ever work with. I work on ctrader - it a is highly innovative trading platform, with fast order execution and very convenient user interface. Trading conditions are quite competitive as for me. Spreads and commissions are completely suit me.
Advantages: They have a lot of offers and bonuses
Disadvantages: Some very clever market manipulation
Comment: This broker is a very good crook and I still don't understand how they do it. I demo traded for a number of months, making decent profit and turned my $500 account to $2000. I'm good at this, I though, and made the deposit for $500. No problems there, they were glad to take my money, and then I started losing like every trade. It didn't matter whether the stop loss was tight or not, I was always being stopped out. So I checked with another trading platform, and the figures seemed to match. I'm really confused whether I'm the one who sucks at trading or there is some very clever manipulation. I know they are not FCA regulated since the Alpari UK branch went bust, and I would not be surprised if they are crooked
Advantages: Been around over a decade, teaching tools, social updates
Disadvantages: Low leverage
Comment: Oanda is a good broker and it has been active since 1999. I chose them because no fraudulent broker can survive that long in business, and so far I was right. Everything about Oanda trading is effective and efficient, making them the best broker. I hate that I can't get leverage above 50:1, but in a way that also makes sure I don't lose too much money, kinda like an imposed safety net. Even with low leverage I don't want to change because I only see bigger complains about the other brokers, happy to stay where I am
Advantages: They have a lot of instruments in stocks, CFDs, commodities and Forex pairs
Disadvantages: They have not added virtual currencies
Comment: Fxpro is just an average broker with ups and downs, but they are not very dependable. Normally I got good spreads and fast execution speeds, but when there was important news the spreads widened significantly all of a sudden. Plenty of requotes and slippage too when market volatility is high. The number of instruments is also impressive, but you won't enjoy all of them unless you have a huge capital. I assumed that because the stocks and commodities were in the form of CFDs the margin requirements would be favourable, but you need a lot of capital to open these positions. On the positive side, the prices listed were accurate all the time, and they were not manipulating the markets. This is why I found them to be a reliable broker, but they are certainly not the best and which is why I only gave 3-stars.
Advantages: No market manipulation, quick withdrawals
Comment: I am extremely happy to find a broker that did not cheat me my money. I have dealt with FxPro and despite the good reviews here, they were still a bunch of cons. Then I moved to Atom8 which also has good reviews, started small with $200 and I immediately started making money. Just to make sure they will not steal, I asked to withdraw all of the money, and it worked without a problem. Now I have made a bigger deposit and still making money. I trust them to even make another deposit because their trading conditions are so good. Thanks Atom8
Advantages: Many trading instruments, unique features
Disadvantages: Only fixed spreads
Comment: Easymarkets is a very unique broker from any other I have worked with and I love them. Mainly because they have so many unique instruments to trade and also because they have been around for a long time. In all my time, they have never been crooked and I appreciate the excellent services. The fixed spreads are not very good for me but that is my only quarrel because everything else is excellent
Advantages: Good trading conditions, MT5, good name
Disadvantages: There is no bitcoin or ethereum to trade
Comment: When I joined XM brokers about one year ago, it was because of bonus. I did not want to give my money to them because there were many negative reviews about the broker, but they have improved services since then. Now they are the perfect brokers, and have excellent services all round. The bonus is great, $30 but then when you make deposit you also get an account manager. I talk to mine through email, and every day I get trading tips which are very helpful. I also like that the execution speed is excellent even when there is a news announcement and volatility, which is great for me. They also have MT5 but there are only a few assets there compared to the wide variety on the MT4 platform, I guess that's some bad news. And about money, never had a problem when depositing or withdrawing using Skrill
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