Which Forex Broker is the Best ? And Which Broker is the Worst ?

We have been trading Forex for over ten years and via countless Forex brokers. Therefore, having all of these experiences, we compiled all useful and most truthful Forex broker information into a Forex Broker Review website to provide all traders with useful information. We do hope you will choose the best broker that matches your preference and take advantage of the market as much as possible, if you’re ready, then let’s go…

Ranking of Forex Brokers in each aspect

In order to understand the essence of each broker and what they are good for, we have ranked the brokers in 5 main aspects to delve into the standards of various Forex brokers. Let’s take a look.

Trading cost = Spread + Commission + Swap

We will compare a total of 18 brokers, with over 43 account types, to see which broker has the “lowest trading cost”.

The trading cost (Spread, Commission and Swap) is one of the main expenses of a trader. Any broker with low trading cost means traders have low expenses, creating a huge trading advantage.

Reliability is extremely important in Forex trading. We must ensure that the broker we trade with will never leave us.

Important factors to consider for credibility are; operating time, license/regulatory organization, location of head office, number of employees, customer capital protection policy, disclosure of information and other elements.

  • The 1st in the rank in this aspect is XM
  • The 2nd in the rank in this aspect is Exness
  • The 3rd in the rank in this aspect is IC Markets

Ranking of reputation and popularity, we consider the number of reviewers and the number of followers online in the following sites; Forex Peace Army, Trustpilot, myfxbook, Google Review, Facebook, Intragram, Linkedin, Twitter and Youtube.

We only consider “number of reviewers”, not “review scores” as a determination, so as to reflect the reputation and popularity as much as possible

  • The 1st in the rank in this aspect is IC Markets
  • The 2nd in the rank in this aspect is XM
  • The 3rd in the rank in this aspect is Exness

The team has tried to open a real trading account in every broker reviewed to see how the trading experience of each broker is. How is the trading experience? Can quickly open and close orders? Is it delayed or is the server stable or not, etc. It focuses on how traders feel when trading in the real market. How good is the broker and the opened accounts?

  • The 1st in the rank in this aspect is Land-FX
  • The 2nd in the rank in this aspect is XM
  • The 3rd in the rank in this aspect is IC Markets

All aspects of the service, such as prompt response, accuracy, ability to troubleshoot or assist, the friendliness of the staff, sincerity in providing service and number of contact channels for customers to reach the broker.

  • The 1st in the rank in this aspect is Exness
  • The 2nd in the rank in this aspect is XM
  • The 3rd in the rank in this aspect is Land-FX

In-depth Forex Broker Review

All of these brokers are strictly screened by our team. Both searching for information and testing real trades by many professional teams.

To Find the Best Forex Brokers

exness logo
xm logo
fbs logo
ic market
land fx logo
fx pro logo
xtb logo
vantage fx
think markers logo
oanda-logo
fxcm logo
tickmill logo
alpari logo
octa fx logo
ig-logo

Writer : Yoda Yoshida

  • Position : Editor
  • Biography : Former waiter to professional traders
  • Experience : 20 years in the Forex industry
  • Goal : To select the best broker for traders.
  • Short greetings : Some things take time to grow.
  • Full biography of the writer, Click >