Best Forex Broker for 2023

Best Forex Broker for 2022

Are you looking for the best and most serious Forex broker in 2023? 

Then this page is the right place for you.

We are happy to provide all traders with this special service so that you can find the best Forex broker to meet your needs.

Thanks to the large selection on the Internet, it is often difficult to make the right decision. With more than 7 years of experience in the financial markets, find out in the following texts how to select a security provider and which online broker offers the best conditions.


Broker's IC MarketsExnessXMROBOFOREX FBS LITEFOREX AvatradeOCTAFX
⭐Brand

IC Markets

Exness
XM Broker
RoboForex LogoFBSLiteForex
LiteForex
OctaFx
📅Year Founded 20072008200920092009200520062011
🏢 Headquartered Sydney, AustraliaCyprusUnited KingdomBelize Limassol, CY Majuro, Marshall IslandsIrelandUnited Kingdom
⚖️RegulatingASICCySEC, FCA, South Africa FSCA, the Seychelles FSA, the BVI Financial Services Commission and the Central Bank of Curaçao.FCACySEC, IFSCIFCSMarshall Islands Business Corporation ActCentral Bank of Ireland, B.V.I, ASIC, FSCA, FFAJ, ADGM, CySECregulated by CySEC
📛 Countries not accepted USA, Israel and Japan.United StatesUnited StatesUS, Canada, Australia, and JapanJapan, USA, Canada, UK, Myanmar, Brazil, Malaysia, Israel and the Islamic Republic of Iran USA, Israel and Japan.USA, North Korea, New Zealand, Iran, BelgiumUnited States
💼 Account Types Raw Spread (cTrader) / Raw Spread / Standard Standard, Cent, Raw, Zero and Professional AccountMicro Account; Standard account; Ultra Low Account; Shares Account RoboForex Prime, ECN ,R StockTrader, ProCent ,Pro Cent account; Micro account; Standard account; Zero Spread account; ECN account; Crypto accountECN Account, Classic AccountStandard, Professional and OptionsOctaFX MT5 OctaFX MT4
☪️ Islamic account ✔️ Yes ✔️ Yes✔️ Yes✔️ Yes✔️ Yes✔️ Yes✔️ Yes✔️ Yes
📒 Demo Account ✔️ Yes ✔️ Yes✔️ Yes✔️ Yes✔️ Yes✔️ Yes✔️ Yes✔️ Yes
💰Bonus ❌ No ❌ No $30 $30 $140 ❌ No✔️ Yes✔️ Yes
📈 Maximum Leverage1:500 1:Unlimited1:8881:20001:30001: 5001: 4001:500
💰 Minimum Deposit $200$10$5 $10$1$10$100$25
💳 Deposit Options Bank / wire transfer, PayPal, credit card, Skrill, Neteller, UnionPay, BPAY, FasaPay and Poli. Bitcoin Tether Internet Banking Bank Card Neteller Perfect Money WebMoney Skrill Internal TransferBank Wire Transfer Local Bank Transfer Credit/Debit Cards Neteller Skrill, and more.Bank Wire Transfer Local Bank Transfer Credit/Debit Cards Neteller Skrill, Western Unionand, VISA/ MasterCard/ JCB more.Neteller; Sticpay; Skrill; Perfect MoneyCredit/debit card (Visa & Mastercard), Bank transfer, WebMoney, CentrePay, Neteller, Skrill, Alipay, Yandex, Deng,CC (MasterCard/Visa), Bank Wire, PayPal, Skrill, Neteller, P24, Klarna/Sofort, Rapid Transfer, Ideal, Poli, Boleto, Perfect M, Giropay, bank wires, credit/debit cards, and cryptocurrencies ,Neteller, Perfect Money, Skrill)
💳 Withdrawal Options Bank / wire transfer, PayPal, credit card, Skrill, Neteller, UnionPay, BPAY, FasaPay and Poli. Tether Internet Banking Bank Card Neteller Perfect Money WebMoney Skrill Internal TransferBank Wire Transfer Local Bank Transfer Credit/Debit Cards Neteller Skrill, and more.Bank Wire Transfer Local Bank Transfer Credit/Debit Cards Neteller Skrill, Western Unionand, VISA/ MasterCard/ JCB more.Neteller; Sticpay; Skrill; Perfect MoneySkrill, Perfect Money, and Neteller.Multibanco, NetbankingUP, OnlineBankLatam, Qrpay, Ozow, UPI, M-PESA,PayRetailersbank wires, credit/debit cards, and cryptocurrencies ,Neteller, Perfect Money, Skrill)
📊 Platform Types MetaTrader 4, MetaTrader 5, WebTrader MetaTrader 4 and MetaTrader 5 Windows, Mobile, Web, iPhone, iPadMetaTrader 4 and MetaTrader 5MetaTrader 4 and MetaTrader 5MetaTrader 4 and MetaTrader 5MetaTrader 4 and MetaTrader 5Web Trading, AvaTradeGo (mobile app), MT4, MT5, AvaOptions, Automated trading (DupliTrade), and AvaSocialMetaTrader 4, MetaTrader 5, Proprietary platform
📱 OS Compatibility Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOSPC and Mac OS, mobile for Android and IOSWeb browsers, Windows, MacOS, Linux, Android, iPhone, tablets, iPadsWeb, PC and Mac OS, mobile for Android and IOSAndroid, Apple iOS, Web, Windows, macOS, MultiterminalMac, Windows, Linux, Web, Mobile Android, iPhone, iPadMac, Windows, Linux, Web, Mobile Android, iPhone, iPadMac, Windows, Linux, Web, Mobile Android, iPhone, iPad
💱 Tradable assets offered Forex, CFDs on indices, stocks, commodities and futures, precious metals, and cryptocurrencies Forex currency pairs, metals, cryptoсurrencies, energies, indices, stocksForex, commodities, cryptocurrency, shares, indices, metals, energies, options, bonds, CFDs, and ETFsForex, Stocks, Indices, ETF,Commodities, Metals, Energy commodities, Cryptocurrencies Forex, commodities, bonds, shares, indices, stocks, CFDs, metals, energiesCommodities – Trade gold and oil 14/5 with consistent liquidity Global stock indexes – Trade CFDs on major global indices, including the US30 (Dow Jones) Cryptocurrency – Popular crypto pairs, including Bitcoin, provide an alternative to traditional markets+1250 trading instruments: Forex, Stocks, Commodities, FXOptions, Cryptocurrencies, Indices, ETFs, BondsCommodities, Metals,Indices, CFDs, Oil, Gold
💬 Customer Support Languages Multilingual English, Indonesian, Arabic, Japanese, French, Hindi, Portuguese, Russian, Spanish and Urdu.23 LanguagesMultilingual : 18 LanguagesDeutsch, English, Español, Français, Italiano, PortuguêsMultilingualMultilingualMultilingual
🗺 Languages supported on Website Multilingual Arabic, Bengali, Czech, Dutch, Filipino, French, German, Greek, Hungarian, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Vietnamese23 Languages English, Arabic, Chinese, Czech, Kazakh, Malay, Portuguese, Spanish, Taiwanese, Thai, Ukrainian, Uzbek, Vietnamese,Deutsch, English, Español, Français, Italiano, PortuguêsMultilingualMultilingualMultilingual
⏲️ Customer Service Hours 24/5 24/524/524/724/524/524/524/5
🏛️ WebsiteICMarkets.comExness.comXM.comRoboforex.comFBS.comLliteforex.comwww.avatrade.comOctafx.com/

Definitions:

Account type – An account type name. Basic account types include Cent (balance in US cents), Micro (usually having a minimum lot from 0.01 (1,000 reference currency units), Standard (classic accounts normally having ultimate functionality), Pro accounts intended for use by professional traders, usually having reduced spread, ECN (Electronic Communications Network) – accounts having access to one of electronic stock exchange systems, NDD (No Dealing Desk) – accounts with execution without the dealer’s participation, STP (Straight Through Processing).

Min. deposit – Minimum deposit necessary for opening this type of account.

Min. lot – Minimum position amount, where 1 lot = 100,000 reference currency units.

Typical spread – Difference between the bid and ask prices for the selected instrument. For account types with fixed spread constant value is specified. For account types with floating spread, the normal average daily spread is specified. If the broker doesn’t specify this value, the typical spread is calculated by Forex Wiki Trading as the average daily value.

Max. lev. – Maximum size of broker leverage.

Trading platform – MT4 – MetaTrader 4, MT5 – MetaTrader 5, Web – Web trading platform.

Year of found. – Year of the company foundation.

Reg. – Regulating organization.

Regulation in Europe – Brokers registered and regulated in the European Union

STRICT CRITERIA FOR THE FOREX BROKER REVIEW

In contrast to many other comparison sites, we present to you on this website really the safest providers with the best conditions for traders. As traders with many years of experience, we have tested many Forex Brokers and still use some of them. A good provider should have certain characteristics that guarantee good and safe investing.

It is not uncommon to hear of fraud on the Internet. This is to be avoided with this comparison. In addition, one would like to save fees as a trader, because the costs for the trade reduce of course the actual profits. Also, the security of customer money is of high priority. A regulation or license, for example, is urgently needed for secure trading with European brokers. All these criteria and many more are included in the test. Therefore, we can present to you on this page the best Forex Brokers 2020.

Proven facts for a good Forex Broker: 

  • Regulation and license of an official finance authority
  • Safety of customer funds
  • Good markets execution
  • Small Forex Trading fees and no hidden fees
  • No requites (high liquidity)
  • User-friendly trading platform
  • Free and unlimited demo account
  • Professional support
  • Fast deposit and withdrawal methods

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Best Forex Broker for 2023 Are you looking for the best and most serious Forex broker in 2023?  Then this page is the right place for you. We are happy to provide all traders with this special service so that you can find the best Forex broker to meet your needs. Thanks to the large selection on the Internet, it
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