Top 10 Best Forex Brokers Reviews 2022

Top 10 Best Forex Brokers Reviews 2022
Our in-depth online forex broker reviews include rankings, detailed analysis, spreads data, platform breakdowns, trading fees, account features, and more.

Top 10 Best Forex Brokers Reviews

  •  Exness – Best Trading Platform
  •  XM – Best for Bonuses
  •  FBS – Best for Trading Tournaments
  •  OctaFX – Best free demo
  •  HotForex – Best Trading Platform
  •  Deriv – Best for Short-term Trading
  •  XTB – Best for Beginners
  •  FXTM – Best for Bonuses
  •  IC Markets – Best free demo
  •  Vantage FX – Best for Beginners
Top 10 Best Forex Brokers Reviews 2022

Exness

  • High-speed order execution
  • Highest forex leverage in the market
  • Trading costs and spreads are low
  • Customer Support operates in world regions available 24/7
  • Provides a wide variety and Instant withdrawal and deposit system.
  • Provides adequate trading platforms such as MetaTrader 4, MetaTrader 5, Mobile trading platform and an MT4 Web Terminal.
  • Provides forex traders with more than 90 forex trading account currency options.
  • Provides effective trading tools like trading indicators and chartings systems.
  • Availability of a free VPS hosting.
  • Regulated by a good number of financial regulatory authorities: CySEC, FCA, BaFin, MiFID, ICF, SVGFSA
  • Client funds kept in segregated accounts
  • Dealing-Desk Broker
  • Copy Trading System

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Top 10 Best Forex Brokers Reviews 2022

XM

  • Fast digital account opening
  • Easy switch between Demo and Live Account
  • The proposal between Accounts based on spread only or with commission charges
  • Very Low minimum deposit

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Top 10 Best Forex Brokers Reviews 2022

FBS

  • Regulated broker with long years of operation
  • Negative balance protection
  • Global expand
  • Superfast trade execution within 0.40 seconds for 95% of trades
  • Supports a large range of deposit methods
  • High leverage up to 1:3000 (for non-EU customers only) suits higher-risk traders well
  • Exemplary, multilingual customer service is always available

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Top 10 Best Forex Brokers Reviews 2022

OctaFX

  • Regulated and authorized by CySEC
  • Forex and CFDs offered
  • No commission deposits or withdrawal options and on currency exchange
  • Access copy trading, bonus promotions and a wide range of research tools
  • Lowest spread in the industry
  • Negative balance protection
  • Dont pay swaps
  • Fastest excution and no slippage

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Top 10 Best Forex Brokers Reviews 2022

HotForex

  • Founded in Cyprus known for its great technology
  • Regulated by the financial Investment Commission ASIC, CySEC, Financial Conduct Authority FCA
  • Commission-free trading accounts available.
  • Broker with some of the best range of Forex and Commodities markets
  • Competitive spreads from the live comparison table.
  • Lots of premium MetaTrader tools and indicators such as AutoChartist.

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Top 10 Best Forex Brokers Reviews 2022

Deriv

  • Well regulated
  • Good customer service support
  • The social trading platform generates passive income
  • Well-developed platforms
  • Innovative

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Top 10 Best Forex Brokers Reviews 2022

XTB

  • Low forex CFD fees, commission-free stocks/ETFs for some.
  • Free and fast deposit and withdrawal.
  • Easy and fast account opening.

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Top 10 Best Forex Brokers Reviews 2022

FXTM

  • ForexTime is a global and award-winning broker
  • They’re fully regulated and licensed
  • Traders from over 180 countries trust ForexTime
  • They speak your language
  • They offer account types to suit all types of traders
  • Expert Advisers other MetaTrader 4 plugins are welcome
  • Guaranteed negative balance protection
  • Innovative, free trading tools including margin pip calculators
  • Daily market analysis by their market research team
  • Funds are deposited in segregated accounts in top-tier banks
  • Wide range of payment methods
  • They provide great trading bonuses and promotions
  • FREE deposits and instant withdrawals.
  • Superfast Execution

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Top 10 Best Forex Brokers Reviews 2022

IC Markets

  • Low forex fees.
  • Easy and fast account opening.
  •  Free deposit and withdrawal.

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Top 10 Best Forex Brokers Reviews 2022

Vantage FX

  •  Low fees.
  • Super fast account opening.
  • Seamless deposit and withdrawal.

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Frequently Asked Questions (FAQs)

Can I trust forex broker reviews?

You can trust forex broker reviews if they come from a reputable source. For example, our forex broker reviews are created by experts who have conducted hours of research and have actually traded with the broker in question. All of our recommended brokers also offer demo accounts, so you can decide for yourself whether a broker is right for you, before parting with your money.

Which forex broker is best?

Choosing a forex broker is a subjective decision, based on your trading style. The best forex brokers, however, all offer similar features such as industry-leading trading platforms, competitive spreads, and strict regulation.

Do you need a broker to trade forex?

Whilst you can technically trade forex without a broker, this is impractical unless you have access to very large quantities of money. Whats more, it is highly complicated very risky. Trading with a regulated broker, on the other hand, is completely safe and secure.

Is forex a gamble?

Successful forex trading is not a gamble. It requires you to spend time researching and developing trading strategies, so that you arent just guessing currency price changes. To make informed trades, you need to understand trading psychology, stay up to date with market news and utilize trading tools and educational materials.

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