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Top 10 Best Forex Brokers 2017 – Best Forex Brokers Review 2017

You are  beginner in forex market, right?  Are you looking the best Forex brokers in 2017? Dont  worry you will find here the best Forex broker list in 2017 and get  Best Forex Brokers Review 2017. You will compare within multiple forex broker and you can take decision to join these broker. You will get Top trusted forex brokers in the world 2017, with peaks of excellence in the quality of services.

So let’s see our list of the best forex brokers in the world, with a short review too.

 

Top 10 list of the best Forex brokers 2017

1. Markets.com

As written directly on the home page “MARKETS.COM is operated by Safecap, a subsidiary of Playtech PLC which is traded on the London Stock Exchange’s Main Market and is a constituent of the FTSE 250 Index.” Markets.com is one of the fastest growing broker in recent years, thanks to the significant investments made and the quality of their services (in particular the multilingual support department, available 24/5, for which they even received several awards). As the domain name may suggest, the goal of this broker is to provide coverage on as many markets as possible, so as to become the reference point not only for forex brokers, but for the whole universe of online trading.

  • Regulations: CySEC, FSB
  • Type: Market Maker
  • Leverage: up to 1: 300
  • Minimum Deposit: $ 100
  • Country: Cyprus
  • US Customers: No
  • Other instruments: Stocks, indices, ETFs, CFDs, Commodities, Bitcoin
  • Try Markets.com with a demo account

2. FxPro

Founded in 2006, the English broker FxPro has always been one of the key broker for the ECN/STP category, a category in which many traders are particularly interested. FxPro has also won several awards over the years for its trading platforms, from the MetaTrader to the cTrader. FxPro also proposes several new technologies that make it a very state of the art broker from this point of view, particularly for those users who prefer automated trading. Services like cAlgo Algorithmic Trading, FxPro Library, FxPro Quant Strategy Builder and FxPro VPS are definitely worth trying if you want to automate your strategy.

  • Regulations: CySEC, FCA
  • Type: STP (Straight Through Processing)
  • Leverage: up to 500:1
  • Minimum Deposit: $ 100
  • Country: UK
  • US Customers: No
  • Other instruments: Stocks, Indices, Futures CFDs, Commodities
  • Try FxPro with a Demo Account

3 . IG Markets

Among the “old English brokers” in the industry, founded back in 1974, IG Markets is renowned for the reliability and the quality of service and for being one among the brokers with the highest number of CFDs an investor can have access to, more than 10,000 to be precise. Until a few years ago this broker was among the few not supporting the MetaTrader platform, but just the ProRealTime one, even though today it also integrates the most popular MT4 and the L2 Dealer, to better meet the needs of many customers.

  • Regulations: FCA UK, ASIC, FINMA
  • Type: ECN/STP & Market maker
  • Leverage: up to 200: 1
  • Minimum Deposit: $ 200
  • Country: UK
  • US Customers: No
  • Other instruments: CFDs, Stocks, Commodities, Indices, ETP, Options , interest Rates, VIX, bonds, bitcoin, IPO
  • Try IG markets with a demo account

4. Oanda

Broker of Canadian origin, founded in 1995, Oanda is among the biggest player regarding specifically the Forex market. It has been estimated that about 20% of spot forex daily operations passes through the Oanda servers. In addition to the classic MT4, Oanda provides its own WebTrader with which you can operate with a Cent Account, i.e. you can trade with very little quantities (fractions of microlots). This feature allows you to work with a good money management even with accounts of a few tens of dollars.

  • Regulations: NFA, CFTC, FCA UK, IIROC, MAS Singapore
  • Type: Market Maker
  • Leverage: up to 50:1
  • Minimum Deposit: none
  • Country: Canada, USA
  • US Customers: Yes
  • Other instruments: Indices, Commodities, bonds, CFDs
  • Try Oanda with a Demo Account

5. Saxo Bank

More than a broker, we are in the presence of a bank, so much so that it is regulated as such. Saxo Bank, a Danish company founded in 1992, is definitely not for all budgets having a minimum deposit of $ 10,000. Once inside, however, you can have access to a broker with very high professionalism and the ability to trade also on real instruments such as futures, options and bonds.

  • Regulations: FINMA
  • Type: Market Maker
  • Leverage: up to 100: 1
  • Minimum Deposit: $ 10,000
  • Country: Denmark
  • US Customers: No
  • Other instruments: Stocks, Options, ETFs, ETCs, Futures, CFD, Bonds
  • Try Saxo Bank with a Demo Account

6. Forex.com

Together with Oanda, Forex.com, founded in 1999 in New Jersey, it’s another attractive alternative for US customers. In fact, this broker, thanks to the closure of the US market to foreign competition, is now the largest broker in terms of daily trading volumes. In addition to size, Forex.com is also distinguished by the large number of regulations around the world it complies with, and element indicating the high level of safety and professionalism. In addition to MT4, the Forex.com customers can also access the FOREXTrader Pro platform and GTX – Forex ECN (for large or institutional clients).

  • Regulations: CIMA, NFA, CFTC, FCA, IIROC, ASIC, FFA, MAS, SFC
  • Type: ECN/STP – Market maker
  • Leverage: up to 200:1
  • Minimum Deposit: $ 250
  • Country: US
  • US Customers: Yes
  • Other instruments: Indices, Commodities
  • Try Demo Account with Forex.com

7. XM.com

XM, founded in 2009 in Cyprus, is the largest forex brokers in Cyprus, and third in the world, with an important rate of growth in recent years. In terms of platforms, this broker only offers the MT4 and MT5, but where it excels is definitely in the orders execution technology, which is why it is very popular among very active day traders (also considered the highly leveraged granted which can go up to 888:1)

  • Regulations: CySEC, ASIC
  • Type: Market Maker
  • Leverage: up to 888:1
  • Minimum Deposit: $ 5
  • Country: Cyprus
  • US Customers: No
  • Other instruments: Indexes, Commodities, Stocks, CFDs
  • Try XM with a Demo Account

8. HotForex

HotForex is a broker based in the Caribbean, specifically the island of St. Vincent & the Grenadines. HotForex was founded in 2010, so it is relatively young, but it quickly became one of the biggest in the world in terms of daily volumes. However, it operates in Europe through a CySEC license. This broker offers a wide range of platforms, both desktop, web and mobile. It also offers the possibility to use the MT4 with Mac. HotForex is renowned for the great effort spent in the security systems for the funds of its clients, a factor for which it also won an award.

  • Regulations: CySEC, FSC
  • Type: STP
  • Leverage: up to 1000: 1
  • Minimum Deposit: $ 5
  • Country: St. Vincent & the Grenadines
  • US Customers: No
  • Other instruments: Indexes, Commodities, Stocks, CFDs
  • Try Hot Forex with a Demo Account

9. IC Markets

IC Markets, founded in 2007 and based in Sydney, is the first Australian forex broker, and one of the biggest in the world, also booming in recent years. IC Markets is renowned for its cutting-edge ECN technology, a factor that has enabled it to become one of the best brokers in terms of spread. For this reason, this broker is often the first choice of scalpers and day traders, i.e. traders with a high volume of daily operations.

  • Regulations: ASIC
  • Type: ECN/STP
  • Leverage: 500:1
  • Minimum Deposit: $ 200
  • Country: Australia
  • US Customers: No
  • Other instruments: Commodities, Indices, Futures, CFD
  • Try IC Markets with a Demo Account

 

10. Direct FX

FX Direct, founded in 2006 and based in Sydney, is instead the third Australian forex broker, grew in popularity and size thanks to the large number of Chinese customers. Direct FX is very popular among experienced traders for the advanced platforms, including the CQG FX and CQG ONE, the MAM and VPS solutions, in addition to having a great market depth, a good execution and good spread. With this broker is also possible to operate in binary options, now a very popular tool among traders worldwide.

  • Regulations: ASIC
  • Type: ECN/STP – DMA/STP
  • Leverage: up to 400:1
  • Minimum Deposit: $ 100
  • Country: Australia
  • US Customers: No
  • Other instruments: Futures, Commodities, Stocks, CFDs, binary options
  • Try Direct FX with a Demo Account

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