Having spent the past six months assessing 28 of the most internationally trusted forex brokers, ranked according to our proprietary Trust Score algorithm, I am honored to present the third annual ForexBrokers.com Review.
As a forex professional for over 20 years, I have been on both sides of the trading spectrum: as a trader (investing) as well as working at online forex brokerages (as a licensed representative). Having spoken with thousands of traders over the years, I understand the evolving challenges market participants face.
With competition fierce and forex brokers constantly rolling out new enhancements to their offerings, keeping up to date is no easy task. Looking at the 2019 Review, there were 2,268 data points collected across seven categories. New this year, we also partnered with UK-based customer experience research group Customerwise to conduct phone tests from across the United Kingdom.
Looking back at 2018, traders witnessed the reduction of leverage in Europe (and related ESMA-restrictions), the rise of ‘professional trader’ offerings, and numerous product updates, including multiple brokers moving from old flash-based trading platforms to new browser-responsive HTML5 experiences.
Also in 2018, cryptocurrencies lost momentum after prices peaked in December 2017. A prolonged bear market persisted throughout the year, despite a steady flow of new technology innovations and fresh product launches across the industry. Will bulls take back the reigns in 2019? Time will tell.
To find the forex broker that best suits your needs, start with the “Best in Class” category lists below, which provide an overview and ranking of recommended brokers based on aspects that matter to traders most. Then, read a full-length review and compare features side by side using the comparison tool to finalize your broker selection.
For traders seeking trusted brokers sorted by trading style or country of authorization, please reference our forex guides.
May the right information empower your forex trading success in 2019 and beyond,
Each year forex brokers stand out for going "above and beyond" in the areas that matter most to clients. To recognize these FX brokers, we distribute industry awards. Here are the 2019 winners.
In total, 2,268 data points were gathered to rate and rank 28 forex brokers. To determine an Overall winner, we weighted each category as follows:
Click on any category name to filter results by that category. For more information, see How We Test. *For brokers who do not offer phone support, no testing was conducted and this category's weighting was proportionally distributed among the remaining categories.
|Brokers||Commissions & Fees||Offering of Investments||Platform & Tools||Research||Customer Service||Mobile Trading||Education||Overall Ranking|