1FreshForex
NameFreshForex
Web site
Founded in2004
RegulatedKROUFR
Reviews78
Minimum Deposit-
Maximum Leverage1:1000
Broker typeNDD, MM
Unique Selling PointsMultiple Account Types: Fresh Forex offers several account types that cater to traders with different levels of experience and trading styles. The standard account is designe...
Read full review
Pros
    • Regulated Broker: Fresh Forex is a regulated broker, providing traders with a sense of security and reliability in their operations.

    • Multiple Trading Platforms: Fresh Forex offers traders the popular MetaTrader 4 and 5 platforms on desktop, web, and mobile devices.

    • Wide Range of Assets: Traders have access to a variety of assets, including forex, commodities, indices, and cryptocurrencies.

    • Competitive Spreads: Fresh Forex offers competitive spreads starting from as low as 0.1 pips for major forex pairs.

    • Flexible Leverage: Traders can access up to 1:2000 leverage, which provides an opportunity to magnify potential profits.

Cons
    • Limited Customer Support: Fresh Forex only offers customer support during working hours, which may be inconvenient for traders in different time zones.

    • No US and Canada Clients: Fresh Forex does not accept clients from the United States and Canada, limiting its reach to traders from these regions.

    • Commission on CFD Trades: Fresh Forex charges a commission on CFD trades, which can increase trading costs.

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

3Instaforex
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.

4Alpari
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.

5GrandCapital
NameGrandCapital
Web site
Founded in2006
Regulated-
Reviews5
Minimum Deposit10 $
Maximum Leverage1:2000
Broker typeSTP
Unique Selling PointsTrading Bonuses and Promotions: Grand Capital offers new and current traders different incentives and special offers. Its bonus packages include a welcome bonus, a cashback progra...
Read full review
Pros
    • Competitive Minimum Deposit: The minimum deposit required to open an account with Grand Capital is $10, a relatively low minimum deposit in the industry.

    • All-Inclusive Educational Resources: Grand Capital provides educational resources for traders of all levels. The broker has webinars, video tutorials, and publications that cater to different trading needs.

    • Flexible Leverage: Grand Capital stands out with its flexible leverage options ranging from 1:1 to 1:2000. This flexibility allows traders to manage their risk and exposure according to their trading strategy.

    • Multiple Trading Accounts: Grand Capital has multiple account types to suit the needs of different traders. The accounts include Micro, Standard, ECN, and Swap-free accounts.

    • Multilingual Customer Service and Support: Grand Capital's website and customer support are available in English, German, Spanish, French, Arabic, Indonesian, Malay, Polish, Portuguese, Russian, Vietnamese, and Japanese. Hence, traders can choose their preferred language to trade conveniently or access customer support.

Cons
    • Weak Regulation and Licensing: The financial market is subject to many regulatory bodies, and the more license brokers can boast of, the more credible they appear. Unfortunately, Grand Capital is not as licensed as many top brokers in the financial market.

    • Limited Trading Platforms: Grand Capital only has three trading platforms; MT4, MT5, and Grand Trade.