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Best Brokers for Grid Trading in 2024

Steven Hatzakis

Written by Steven Hatzakis
Fact-checked by Joey Shadeck
Edited by John Bringans

October 03, 2024

Steven Hatzakis has been reviewing forex brokers for nearly ten years and has 25+ years of experience as a forex trader. His broker reviews are unbiased and independent, and his expertise is sought after for global FX conferences and speaking events around the world. Learn more.

Grid trading is a structured forex trading strategy in which traders place trades in intervals above and below the market price in successive steps at set price distances. By placing these orders in a “grid,” traders can hop in and out of positions at multiple levels, maximizing potential gains.

With 25 years of forex trading experience, I have firsthand experience with a wide range of trading strategies, including grid trading. In this guide, I’ll explain the key principles of grid trading and share my picks for the best brokers for grid trading in 2024.

Best forex brokers for grid trading

My review process at ForexBrokers.com includes hands-on testing, robust fact-checking, and thousands of hand-collected data points; here are my picks for the best forex brokers for 2024 from around the world:

  • IG - Best broker for grid trading strategies
  • Interactive Brokers - Complex order types for grid traders
  • Saxo - Best for professional-grade grid trading
  • CMC Markets - Excellent overall, best platform technology
  • FOREX.com - Excellent all-round offering
  • Charles Schwab - Award-winning thinkorswim platform
  • City Index - Excellent all-round offering
IG
5/5 Stars 5.0 Overall

Best broker for grid trading strategies

Minimum DepositÂŁ250.00
Trust Score99
Tradeable Symbols (Total)19537

IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets. Read full review

Pros
  • Outstanding platforms and tools
  • Over 19,000 tradeable instruments
  • Competitive pricing
Cons
  • No predefined layouts on the flagship web platform
  • Limited product range on MT4
Interactive Brokers
5/5 Stars 5.0 Overall

Complex order types for grid traders

Minimum Deposit$0
Trust Score99
Tradeable Symbols (Total)8500

Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite. Read full review

Pros
  • Robust platform for professional traders
  • Wide range of global markets
  • Thorough research offering
Cons
  • Trader Workstation platform is likely too complicated for inexperienced traders
Saxo
5/5 Stars 5.0 Overall

Best for professional-grade grid trading

Minimum Deposit$0
Trust Score99
Tradeable Symbols (Total)70000

Saxo is an exclusive multi-asset broker with brilliant research and a superb trading platform experience – as well as a stunning selection of over 40,000 securities. Read full review

Pros
  • Flagship platform is top of the line
  • Over 40,000 tradeable instruments
  • Excellent customer service
Cons
  • High minimum deposit
CMC Markets
5/5 Stars 5.0 Overall

Excellent overall, best platform technology

Minimum Deposit$0
Trust Score99
Tradeable Symbols (Total)11925

CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments. Read full review

Pros
  • Low trading costs
  • Excellent web and mobile platforms
  • Robust research materials
Cons
  • Educational offering could be improved
FOREX.com
5/5 Stars 5.0 Overall

Excellent all-round offering

Minimum Deposit$100
Trust Score99
Tradeable Symbols (Total)5500

FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader. Read full review

Pros
  • Multiple high-quality platforms
  • Excellent market research
  • Wide range of markets
Cons
  • Only about 600 instruments are available on the MT5 platform, compared to over 4,500 on non-MetaTrader platforms
Charles Schwab
5/5 Stars 5.0 Overall

Award-winning thinkorswim platform

Minimum Deposit$0
Trust Score99
Tradeable Symbols (Total)40000

Charles Schwab is a highly trusted financial institution and multi-asset broker catering to U.S.-based and international forex traders. Schwab's award-winning thinkorswim platform offers over 70 tradeable currency pairs alongside impressive tools, research, and education. That said, the broker’s forex offering is still largely limited to what is available on thinkorswim. Read full review

Pros
  • Outstanding platform in thinkorswim
  • Thorough research offerings
  • Excellent educational materials
Cons
  • Does not offer copy trading
  • Forex pricing is slightly higher than industry average
City Index
5/5 Stars 5.0 Overall

Excellent all-round offering

Minimum DepositÂŁ100.00
Trust Score99
Tradeable Symbols (Total)13500

Backed by StoneX Group, City Index is a trusted brand known for its versatile trading platforms, excellent mobile app, diverse market research, and extensive range of tradeable markets. Read full review

Pros
  • Excellent platforms and mobile app
  • Extensive range of markets
  • High-quality market research
Cons
  • Pricing is average for the industry
  • Limited product range on MT4

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Top picks for grid trading brokers

Best broker for grid trading – IG

Company Overall Rating Minimum Deposit Average Spread EUR/USD - Standard Visit Site
IG logoIG
5/5 Stars ÂŁ250.00 0.98 info

IG is my number one choice for grid trading in 2024, thanks in large part to its high ranking across nearly every category relevant to forex traders. IG (LON:IGG) is a highly trusted, publicly traded broker that is regulated in a staggering eight Tier-1 jurisdictions (learn more about Trust Score and why regulation is important).

Trading platforms: IG stands out for its trading platform suite, which I’ve found to be excellent for implementing a variety of forex trading strategies. Whether on MT4 or IG’s flagship web platform, IG supports complex order types and offers numerous tools that can be helpful for advanced strategies and sophisticated grid trading systems.

Competitive pricing: IG offers competitive spreads, making it appealing for high-frequency grid trading. With spreads averaging around 0.82 pips on EUR/USD for active traders, combined with low commissions via its DMA (Direct Market Access) offering, IG is well-suited for traders aiming to minimize costs while deploying grid strategies across volatile market conditions.

Regulatory trust and global access: As one of the most highly-regulated global forex brokers, IG provides a reliable trading environment for grid traders. The availability of nearly 20,000 tradeable instruments means IG offers unmatched market depth, allowing grid traders to diversify and scale strategies across multiple global asset classes.

I've been reviewing IG for close to ten years and it has consistently ranked as one of the best forex brokers – read my IG review to learn more.

Complex order types for grid traders – Interactive Brokers

Company Overall Rating Minimum Deposit Average Spread EUR/USD - Standard Visit Site
Interactive Brokers logoInteractive Brokers
5/5 Stars $0 0.63 info

Interactive Brokers (NASDAQ: IBKR) is a highly trusted, well-regulated broker that ranks near the top of nearly every category important to traders, including for its offering of investment products and trading platform suite. Thanks to its support of complex order types, Interactive Brokers is a great choice for carrying out complex strategies like grid trading. All of its platforms, across desktop, web, and mobile are suitable for a wide range of forex trading strategies.

Platforms and order types: IBKR’s desktop platform, Trader Workstation (TWS), offers an extensive range of trading tools and complex order configurations. This includes the support for grid trading, with its FXTrader terminal allowing traders to access up to 91 forex CFDsor 105 cash forex pairs. The platform’s powerful charting tools and customizations provide the necessary features for executing a grid trading strategy efficiently. The web-based Client Portal is more user-friendly but still offers key tools for grid trading.

Competitive pricing: Interactive Brokers charges competitive commissions for forex trading, with commissions starting at just $4 per round-turn for $100,000 worth of currency. For active traders, IBKR offers significant discounts that can bring down costs further, making it an excellent option for those looking to trade in large volumes while deploying grid strategies. The broker aggregates prices from 17 interbank dealers, ensuring deep liquidity for precise execution.

Trust and global reach: As one of the most well-capitalized brokers globally, with $373.8 billion in client equity, IBKR offers access to 135 market centers in 33 countries. Grid traders will appreciate the broker's commitment to transparency and competitive pricing in global markets, providing the confidence needed to execute large and complex grid trades across a range of instruments.

Read my Interactive Brokers review to learn more.

Best for professional-grade grid trading – Saxo

Company Overall Rating Minimum Deposit Average Spread EUR/USD - Standard Visit Site
Saxo logoSaxo
5/5 Stars $0 1.1 info

Saxo, part of the Saxo Bank Group, is a highly trusted broker with an award-winning, cutting-edge platform suite. With regulatory licenses in seven Tier-1 jurisdictions and access to over 70,000 tradeable instruments, Saxo is a premier choice for sophisticated traders in 2024.

Saxo’s premium trading environment, combined with its vast research resources, makes it a powerful choice for traders using a grid strategy. Saxo’s platforms support algorithmic and complex order types, enhancing the efficiency of executing multiple simultaneous orders. Saxo’s proprietary platforms – SaxoTraderGO and SaxoTraderPRO – offer advanced tools and customizable features that make them well-suited for complex order setups like grid trading.

Platform and tools: Saxo’s platforms provide the versatility needed to implement a range of grid trading strategies. SaxoTraderGO offers a clean, intuitive interface that is excellent for users seeking to set up multiple pending orders across a grid. SaxoTraderPRO, the broker’s desktop platform, is highly customizable and designed for power users – but is still a great choice for beginner forex traders. Advanced traders can optimize their grid trading setups with support for multi-monitor setups, streaming Level 2 order books, and algorithmic order capabilities for algo trading. Both platforms feature synchronized watchlists and detailed charting tools, which are ideal for visually managing grid trades across multiple instruments.

Pricing and execution: Saxo offers competitive pricing, particularly for Platinum and VIP account holders, who benefit from lower spreads and enhanced execution. The broker publishes average spread data by trading session and order size, which is particularly useful for grid traders looking to execute large volumes. According to the most recent data sent to me by Saxo, the average spread on the EUR/USD for VIP account holders was as low as 0.9 pips, making it an attractive option for active traders who rely on tight spreads for their strategy.

Check out my Saxo review to learn more.

FAQs

What level of trading experience is needed for grid trading?

Though at first glance they may seem to provide a straight-forward approach to forex trading, grid trading strategies are generally most suitable for traders with intermediate to advanced experience. That said, much depends on how your strategy is implemented; any strategy involving multiple concurrent or successive orders adds layers of complexity.

Depending on the trading platform you are using for grid trading, you may be required to do some of your own calculations and planning before executing your first trade in a grid trading strategy.

For instance, imagine you're holding a long position and have placed a sell order 25 pips above the current market price. You could then continue to add sell orders, each 25 pips higher than the last, creating a sequence of orders spaced 25 pips apart from the current price.

Similarly, you might set a buy entry limit 25 pips below the current market price. You can follow this by placing additional buy limits every 25 pips below the previous one, forming a tiered structure.

The challenge lies not only in determining the interval, but in ensuring that the position sizing for each trade will add up to a level that is ideal for your balance size and margin requirements.

lightbulbRemember

Each order in a grid trading strategy will commit margin, even if the order isn’t executed. If you place a bunch of grid orders above and below the market, you might tie up a significant amount of your available margin for your strategy.

For these reasons, using some kind of trade calculator can be helpful. Whether you need to calculate the value of a pip for a specific trade size, simulate trading positions, or determine margin requirements, it's important to work out these values to ensure they align with your trading budget and forex account balance. My pip calculator and my lot size calculator can help you get started.

How do I set up a grid trading strategy?

Grid trading can be adapted to a variety of trading styles, depending on how closely you place your buy and sell orders. If you set a small distance between orders, for example, you'll create a dense grid, meaning your trades will trigger more frequently as the market price fluctuates. This can lead to a short-term trading style suitable for active forex traders or day traders.

If you space your orders farther apart, on the other hand, you’ll execute fewer trades but target larger market movements. This setup may be better suited for long-term traders who are willing to wait for bigger price shifts. Using stop-losses and take-profits in this scenario can help lock in profits and minimize risk, but the overall strategy tends to be slower-paced with fewer trades executed over time.

How to set up a grid trading strategy:

  1. Set your trading objectives (daily profit and risk goals): Begin by defining your daily goals in terms of maximum profit and risk tolerance. This helps guide your overall strategy and should align your risk management principles with your financial objectives. Knowing your limits can dictate how aggressive or conservative your grid strategy should be.
  2. Determine the grid interval (distance between orders): Define the distance between each order in pips. Wider intervals tend to work better in trending markets, while tighter intervals suit range-bound markets. Make sure to factor in your spread costs (I can help you find a low-spread forex broker), as these can affect profitability.
  3. Decide the maximum number of orders: Establishing a limit on the number of open orders at any time helps you control your exposure. More orders can provide more opportunities, but also increase risk. You’ll want to strike a balance between capturing market moves and avoiding over-leverage.
  4. Set the trade size relative to your account balance: Calculate an appropriate trade size per order. The trade size should be a percentage of your account balance that minimizes risk and allows for multiple orders without over-leveraging.
  5. Determine your risk/reward and stop-loss/take-profit parameters Calculate your desired risk/reward ratio, along with stop-loss and take-profit levels in pips. In a grid strategy, you can also use orders to offset existing trades, which acts as a proxy for stop-losses and limits. You should assess the total potential loss if all orders are stopped out, and the potential profit if all take-profit levels are hit.
  6. Test your trading strategy on a demo account and monitor its performance Before going live, practice your strategy on a demo account or with very small trade sizes (e.g., micro lots). Measure the performance of your strategy over time and periodically assess whether adjustments are needed based on market conditions and personal goals. Keep refining the grid parameters as you gain more experience.

Do any brokers offer specific grid trading tools?

The main feature to look for when beginning a grid trading strategy is support for a variety of complex order types. Grid trading strategies depend on the ability to place multiple pending orders with precise risk management controls. At a minimum, your forex broker should allow stop-loss and take-profit orders.

Here are four order types that can be used for a grid trading strategy, whether your overall strategy is trying to follow market trends, catch reversals, or a bit of both (such as in a sideways market):

  • Buy Entry Limit (BEL) – Used to buy below the current market price.
  • Sell Entry Limit (SEL) – Used to sell above the current market price, typically during a rising market.
  • Buy Entry Stop (BES) – Used to buy above the current market price, with the risk of slippage during a strong upward trend.
  • Sell Entry Stop (SES) – Used to sell below the current market price, with slippage being a risk during a downward trend.

Advanced tools such as ladder trading, one-cancels-the-other (OTO) orders, and calculators for grid density and intervals can further enhance your strategy, allowing you to fine-tune your grid trading approach.

Should I consider using a trading bot for grid trading?

Grid trading lends itself well to automation due to its structured nature, but you’ll still need to tweak several parameters to guide the bot’s behavior.

For instance, you'll have to define how many orders the bot can hold at once, the time interval between placing new orders, and the trade size. You’ll also need to determine the price gap between orders and set your risk/reward levels, covering target profits and risk per trade.

Here is a rudimentary example of a grid trading bot for TradingView that I developed in Pine Script:

Grid trading bot for TradingView written in Pine Script

Can I use a demo account to test grid trading strategies?

Yes, a forex demo account is an excellent way to familiarize yourself with your trading software and ensure you can carry out your trading strategy. That said, it’s important to use demo accounts for learning how to use your brokers trading platform – not as a way to test or predict the results of any trading strategy. Hypothetical results in a demo environment can’t be relied upon as an accurate indicator of the viability of your trading habits or strategies.

Our testing

Why you should trust us

Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Read our Generative AI policy to learn more.

Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.

How we tested

At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

Mobile testing is conducted on modern devices that run the most up-to-date operating systems available:

  • For Apple, we use MacBook Pro laptops running macOS 14.5, and the iPhone XS running iOS 17.6.
  • For Android, we use the Samsung Galaxy S9+ and Samsung Galaxy S20 Ultra devices running Android OS 14.

All websites and web-based platforms are tested using the latest version of the Google Chrome browser.

Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.

ForexBrokers.com 2024 Overall Rankings

Now that you've seen my picks for the best brokers for grid trading, check out the ForexBrokers.com Overall Rankings. I've evaluated over 60 forex brokers, using a testing methodology that's based on 100+ data-driven variables and thousands of data points. Check out our full-length, in-depth forex broker reviews.

Overall rankings table

Company Overall Rating Offering of Investments Commissions & Fees Platform & Tools Research Education Mobile Trading Trust Score Visit Site
IG logoIG
5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 99
Interactive Brokers logoInteractive Brokers
5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 99
Saxo logoSaxo
5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4/5 Stars 5/5 Stars 99
CMC Markets logoCMC Markets
5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 99
FOREX.com logoFOREX.com
5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 5/5 Stars 99
Charles Schwab logoCharles Schwab
5/5 Stars 5/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 5/5 Stars 99
City Index logoCity Index
5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 5/5 Stars 99
XTB logoXTB
5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 96
eToro logoeToro
4.5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 93
Capital.com logoCapital.com
4.5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 87
Swissquote logoSwissquote
4.5/5 Stars 5/5 Stars 3.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 4.5/5 Stars 99
AvaTrade logoAvaTrade
4.5/5 Stars 4/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 94
Plus500 logoPlus500
4.5/5 Stars 4.5/5 Stars 4.0/5 Stars 4.5/5 Stars 4.0/5 Stars 4.0/5 Stars 4.5/5 Stars 99
FXCM logoFXCM
4.5/5 Stars 3.5/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 4.5/5 Stars 95
OANDA logoOANDA
4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 5/5 Stars 4/5 Stars 4.5/5 Stars 93
Pepperstone logoPepperstone
4.5/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 95
XM Group logoXM Group
4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 88
Admirals logoAdmirals
4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 93
FP Markets logoFP Markets
4.5/5 Stars 4.5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 87
Tickmill logoTickmill
4.5/5 Stars 3.5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 86
IC Markets logoIC Markets
4.5/5 Stars 4.5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 84
FxPro logoFxPro
4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4.5/5 Stars 90
Markets.com logoMarkets.com
4.5/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 93
FinecoBank logoFinecoBank
4.5/5 Stars 4.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 94
BlackBull Markets logoBlackBull Markets
4/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 78
Vantage logoVantage
4/5 Stars 3.5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 90
ThinkMarkets logoThinkMarkets
4/5 Stars 4.5/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 92
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets)
4/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 86
HFM logoHFM
4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 86
DooPrime logoDooPrime
4/5 Stars 5/5 Stars 3/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 83
Questrade logoQuestrade
4/5 Stars 5/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 86
ActivTrades logoActivTrades
4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 81
Trading 212 logoTrading 212
4/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 79
BDSwiss logoBDSwiss
4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 76
Trade Nation logoTrade Nation
4/5 Stars 3.5/5 Stars 4.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 85
TMGM logoTMGM
4/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 83
Eightcap logoEightcap
4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 85
Moneta Markets logoMoneta Markets
4/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 72
Spreadex logoSpreadex
4/5 Stars 5/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 71
MultiBank logoMultiBank
4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 84
Exness logoExness
4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 81
ACY Securities logoACY Securities
4/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 75
easyMarkets logoeasyMarkets
4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 80
RoboForex logoRoboForex
4/5 Stars 5/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 73
VT Markets logoVT Markets
4/5 Stars 3.5/5 Stars 4.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 70
Octa logoOcta
4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 70
IronFX logoIronFX
4/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 83
IFC Markets logoIFC Markets
4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 67
Trade360 logoTrade360
4/5 Stars 4/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 76
Axi logoAxi
4/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 81
TeleTrade logoTeleTrade
4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 71
iFOREX logoiFOREX
4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 75
FXOpen logoFXOpen
3.5/5 Stars 3/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3/5 Stars 4/5 Stars 76
FXPrimus logoFXPrimus
3.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3.5/5 Stars 4/5 Stars 71
Xtrade logoXtrade
3.5/5 Stars 3.5/5 Stars 2.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 74
Forex4you logoForex4you
3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 61
GBE brokers logoGBE brokers
3.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3/5 Stars 4/5 Stars 71
Alpari logoAlpari
3.5/5 Stars 3/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3.5/5 Stars 4/5 Stars 68
TopFX logoTopFX
3.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3/5 Stars 4/5 Stars 67
Libertex (Forex Club) logoLibertex (Forex Club)
3.5/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 3/5 Stars 3/5 Stars 4/5 Stars 73
LegacyFX logoLegacyFX
3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 67
FXGT.com logoFXGT.com
3.5/5 Stars 3/5 Stars 3.5/5 Stars 3.5/5 Stars 3/5 Stars 3/5 Stars 3.5/5 Stars 69
ATFX logoATFX
3.5/5 Stars 3.5/5 Stars 3/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 85

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About the Editorial Team

Steven Hatzakis

Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

Joey Shadeck

Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.

John Bringans

John Bringans is the Managing Editor at ForexBrokers.com. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

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