The Best Forex brokers offer different account types and specify key trading conditions on their trading sites, which are usually designed with a no nonsense approach.

With the best Forex brokers it is easy to make money trading Forex in 2021. They strive to provide the best customer experience and give the widest opportunities to their traders.

BrokerMin. DepositMax. LeverageRegulationMT4/MT5
AvaTrade$1001:400ASIC, FCA, JFSA, IIROC, MiFIDYes
PaxForex$1001:500FSAYes
Libertex$1001:600CySECYes
VantageFX$2001:500ASIC, FCA, CIMA, VFSCYes
FXTM$1001:1000CySEC, FCA, FSCYes

AvaTrade – Globally licensed Forex broker with copy trading benefits. Test it out on a free demo.

PaxForex – International Forex broker with fast execution, see here.

Libertex – Powerful trading platform for Forex and CFDs

VantageFX – Australia and UK Forex broker, register here.

FXTM – Forex broker with offices in Europe, Africa and Asia

It remains a fact that most unregulated brokers are involved in some sort of investment scam, and those operating anonymously are 99.99% fraudsters. These fact cannot be ignored.

Now, the rules that regulators have put for Forex brokers who are based in US, Cyprus, Switzerland, Australia, South Africa and even the UK are quite tough compared to those which govern off shore brokers situated in countries like Belize and Estonia.

Since traders have no protection at all when dealing with off shore brokers, we recommend that all traders should only deal with companies that are well regulated and authorized to provide trading services to members of the public. You may be able to select these From brokers from this our list as they are either regulated by CySEC, ASIC and many other reliable regulatory organizations.