forex brokers
Our commitment to the highest safety standards ensures all FXStreet-recommended brokers operate under the strictest regulatory authorities.
| Broker | Regulated | Min. Dep. | HQ | FULL REVIEW | BROKER PAGE | |
|---|---|---|---|---|---|---|
|
Oanda | NFA (US) | No min | US | Open account | |
|
VT Markets | ASIC (AU), FSCA (ZA), FSC (MU) | $100 | AU | Read review | Open account |
How to pick the right one using FXStreet's Broker Listing
Forex brokers are central in facilitating access to the global foreign exchange market, the world's largest and most liquid financial market. With over $7.5 trillion traded daily, the foreign exchange (Forex, or FX) market operates 24 hours a day, five days a week. It enables a wide range of participants, from central banks and investment funds to individual retail traders, to trade currency pairs and speculate on exchange rate movements.
At the heart of this vast ecosystem are forex brokers. These firms provide traders access to:
- Platforms
- Real-time data
- Pricing
- Execution
- Leverage needed to amplify market positions
Many brokers also offer tools such as:
- Advanced charting software
- News feeds
- Educational content to help traders refine their strategies and make informed decisions
Whether a trader scalps the EUR/USD in milliseconds or holds a long-term position in GBP/JPY, a good broker can mean the difference between a smooth trading experience and costly mishaps.
But with hundreds of brokers on the market, some regulated, others not, the quality and reliability of services vary greatly.
That's where an editorially reviewed broker listing becomes invaluable. At FXStreet, we aim to help traders navigate this landscape confidently by highlighting only rigorously vetted, well-regulated brokers.
This ensures traders get access to competitive tools and pricing and the peace of mind that comes from working with trustworthy brokers.
How to choose a forex broker?
Choosing the right forex broker requires careful consideration of several factors to ensure a safe and efficient trading experience. Regulation is paramount; traders should prioritize brokers regulated by reputable authorities in Tier-1 or Tier-2 jurisdictions. These regulators enforce strict standards to protect traders' interests.
Other essential criteria include:
- Trading costs, such as spreads, commissions, and hidden fees
- The reliability and features of the Trading Platform (e.g., MetaTrader 4 or 5), mobile trading, and order execution speed can also significantly impact your experience
- Tradable assets offered and account features, such as minimum deposits and leverage options.
- Educational resources and tools for market analysis
- Broker reputation for customer support and reliability
At FXStreet, we simplify this process by providing detailed broker reviews to help you make an informed choice. Visit our Broker Reviews page for comprehensive insights into top forex brokers.
How FXStreet lists forex brokers
FXStreet's broker listing is designed to encourage traders to have
access to trustworthy and regulated brokers.
We include brokers regulated in Tier-1 and
Tier-2 jurisdictions with the strictest oversight standards globally, ensuring that traders are well-protected
under robust regulatory frameworks.