The Best Forex Trading Platforms
Our top 10 Forex list outlines the best brokers in the industry. We have been able to help several traders find the best suited platforms for their needs. Please read more online trading articles to learn more about Forex and CFD trading in order to become successful.
Platforms
web-based, mobile and app
web-based, mobile and app
Min. Deposit
$ 100
$ 100
Customer support: Live support is offered on the website, as well as toll-free numbers that traders can use to contact a personal representative.
Platforms
iForex.com is powered by the MetaTrader 4 software
iForex.com is powered by the MetaTrader 4 software
Min. Deposit
$ 100
$ 100
Customer support: Customer support is available 24/5 at iForex through Email, Fax, Live Chat, and Phone.
Platforms
web-based, downloadable and mobile.
web-based, downloadable and mobile.
Min. Deposit
$ 100
$ 100
Customer support: E-mail and fax support are available 24/7. Live support is offered on the website, as well as toll-free numbers that traders can use to get a hold of their personal account manager.
Platforms
FXCM is an award winning station developed for web and mobile platforms.
FXCM is an award winning station developed for web and mobile platforms.
Min. Deposit
$ 2000
$ 2000
Customer support: live chat, phone customer service, email, fax, and a trading desk phone number to call.
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Min. Deposit: $100
Founded: 2003
Owner: XFR Financial Ltd
Location: Cyprus
Accepts US-clients:
no
Introduction
XTrade is a leading CFD provider founded in 2003. This provider allows traders to invest not only in the currency , but indices, shares, commodities, bitcoin and other markets. Tradable assets include Gold, DAX, Google, and others. There is a wide selection of trading tools, promotions, and information on the website that allow the trader to take advantage of trading opportunities. There is always someone available in case of questions and comments.Advantages
One of the biggest advantages of trading at XTrade is the fact that they offer over 300 trade able instruments, these include: Twitter, Alibaba, Metals, and different currency pairs. There is super high leverage of up to 1:400. You can begin trading with as little as $100 and receive the effect of up to $40,000 which, of course, is very powerful. The broker is licensed in several localities, including XTrade Europe in the EU. There are no commissions. Anyone can take advantage of the global markets anywhere, anytime using their mobile application.Disadvantages
With the benefits that XTrade has to offer, there are very few disadvantages – if any. For now, this broker does not accept US clients.Trading Platforms
The company has 3 platforms available: web-based, mobile and app. Take advantage of a fully flexible, specialised shares trading service.Features
This brokerage firm provides a vast choice of markets to select from, such as Forex, Indices, Shares and Commodities. It is also very user-friendly especially for new traders. The site offers plenty of information, has generous leverage and 24-hour customer service.Usability
XTrade’s online trading platform offers flexibility and speed to trade anytime and anywhere — including markets in the US, UK, Europe and Asia. Additional tools give traders a wealth of information and help them to realise their profit potential.Customer Support
Live support is offered on the website, as well as toll-free numbers that traders can use to contact a personal representative. One of the strongest points is the fact that XTrade provides great customer service.Closing Thoughts
XTrade is one of the leading candidates in the industry as it allows you to trade Forex, Commodities, Shares and Indices, through their CFD platform. They offer amazing education tools such as Video Tutorials, Courses, E-Books and Academy. Ultimately, this is a very interesting broker that can open up the world of trading to you.Min. Deposit: $100
Founded: 1996
Owner: iCFD Limited
Location: Cyprus
Accepts US-clients:
no
Introduction
iFOREX has distinguished itself as an industry leader in tight pip-spreads, real-time market prices.Advantages
Each trader learns at his own pace with personal training sessions. Many enjoy the ease of a mobile platform, this provider offers different types of platforms , traders can also take advantage of the negative balance protection and in case you have problems you can request remote technical assistance.Disadvantages
The broker is not transparent with the spreads that they are charging their traders. Also there is no free demo account.Trading Platforms
iForex.com is powered by the MetaTrader 4 software. This platform provides great flexibility and ease for its clients. The MetaTrader 4 provides 8 unique platforms that are available in web base download and mobile version. It is easy for you to trade on the go.Features
iForex.com provides a vast choice of instruments to choose from such as Forex, Indices, Shares and Commodities. iFOREX offers traders the choice of three user-friendly trading platforms (web based and a downloadable platform for PC and a mobile trading platform for smartphones), constant updated financial news and 24-hour support.Usability
Traders choose from three user-friendly trading platforms (web based and a downloadable platform for PC and a mobile trading platform for smartphones), constant updated financial news and 24-hour support.Customer Support
Customer support is available 24/5 at iForex through Email, Fax, Live Chat, and Phone.Closing Thoughts
Traders are much better served by brokers which are more transparent and are willing to provide a free demo account. There are no commissions charged for opening new deals on any product when you trade with iForex.Min. Deposit: $100
Founded: 2008
Owner: Plus500 LTD
Location: UK
Accepts US-clients:
no
Introduction
Plus500 is an online trading provider specializing primarily in the forex market. The trading platform comes in three different versions: a downloadable version, a web-based version, which allows the trader to access the platform from any other computer, and a mobile version for use with cell phones and other mobile devices. The site has many interesting tools, promotions, and information that allow the trader to take advantage of trading opportunities.Advantages
Plus500 Ltd. is listed in the AIM section of the London Stock Exchange. The company has a strong financial backing of $17 billion, and are able to offer a huge first time deposit bonus up to $5000.Disadvantages
This broker does not have as many educational resources as its competitors.Trading Platforms
The company has 3 platforms: web-based, downloadable and mobile. Plus500 offers a transparent and easy to use in- house trading platform and technical analysis software. The trading platform allows the trader to invest in numerous markets from the same screen and provides live quotes for all of its products. Plus500 clients can also trade commodities, stocks, indexes, ETFs and CFDs on the same trading platform.Features
This brokerage firm provides a vast choice of markets to select from such as Forex, Indices, Shares and Commodities. Plus500 offers a $20 welcome bonus on all accounts, including the demo account and bonuses of up to $7,000 for first deposit. Leverage for forex accounts is a maximum of 50:1.Usability
Plus500’s online trading platform offers flexibility and speed to trade the markets. This powerful software offers an all inclusive trading screen with clearly labelled tabs on top for details on past trades and current positions, as well as multiple market trading capabilities. Charting features are included with the trading platform, but charts appear individually, since the charting software does not allow for multiple graphs on the same screen.Customer Support
E-mail and fax support in multiple languages are available 24/7. Live support is offered on the website, as well as toll-free numbers that traders can use in order to get a hold of their personal account manager.Closing Thoughts
Plus500 is one of the most popular providers as it allows you to trade Forex, Commodities, Shares and Indices. New traders can take advantage of the unlimited use of the demo account, while experienced traders can take advantage of tight dealing spreads and the generous bonuses offered when initially funding the account. In conclusion, this is a very interesting broker that can open up the world of trading to you.Min. Deposit: $2000
Founded: 1999
Owner:
Location: US
Accepts US-clients:
yes
Introduction
FXCM is a leading global provider of FX trading and related services. Trader take advantage of low spreads transparency and fast exectuions.You will benefit from the wide selection of trading tools, spreads, and detailed information on the website.Advantages
FXCM is considered to be the world’s largest online trading provider. Advantages include: Low spreads from liquidity providers, Anonymous order execution, No re-quotes, no dealer intervention No restrictions on the strategies (scalp, trade the news, use any EA), and Potential Price Improvements on all order types.Disadvantages
With not much to complain about, I have noticed limited trading assets and limited promotions.Trading Platforms
FXCM is an award winning station developed for web and mobile platforms. The site supports one-click order execution and trading from real-time charts. However, the beast feature of the business is the No Dealing Desk forex execution.Features
FXCM has won numerous awards around the world. The site is very user friendly especially for new traders and offers plenty of information. There are generous leverage system and 24 hour customer service. Lastly, FXCM offers a generous promotional plan.Usability
Every new FXCM customer can enrol in one of the exclusive Trader Programs and benefit from on-demand lessons, webinars, platform walkthroughs and real-time instruction.Customer Support
There are numerous support features including: live chat, phone customer service, email, fax, and a trading desk phone number to call. There are toll-free and international numbers available to traders around the globe.Closing Thoughts
The company is listed on the NYSE which shows its success. The beauty of trading with this dealer is that there is no dealing desk intervention, and the spreads are great. While perhaps not the best news trading source, (no variable spread broker is) for the typical trader, the cost of execution will be tiny.
Min. Deposit: $100
Founded: 2006
Owner: The AVA Group
Location: Ireland and BVI
Accepts US-clients:
no
Introduction
Ava FX was developed to give traders a full range of tools and support needed to trade successfully and affordably with some of the most professional and skilled traders. Fully regulated, this provider delivers an authentic and fair trading experience.Advantages
When trading with AvaTrade, you can trade with a peace of mind. The broker is regulated across the globe and are well-funded to cover big and small trades. Clients can also enjoy a free demo account as well as exceptional educational resources.Disadvantages
There are very few disadvantages – if any. Note, that other providers offer higher bonuses.Trading Platforms
Avatrade's software is very intuitive and customer-friendly. Avatrade uses one of the most popular and preferred online Forex trading platforms in the industry - The Metatrader4 . This platform is highly recommended by EU and is available to be used on mobile devices as well.Features
This brokerage firm provides a vast choice of markets to select from such as Forex, Indices, Shares and Commodities. It is also very user friendly especially for new traders. It offers plenty of information on the site, has generous leverage and a 24 hour customer service. A great feature of AvaTrade is that the deposit bonuses are very strong.Usability
AvaTrade’s online trading platform offers security and efficiency.Customer Support
One of the strong point is the fact that AvaTrade provides great customer service. AvaTrade is available by Live Chat, Email, or Telephone. Their website support multiple languages including: Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Portuguese, Russian, Spanish and others.Closing Thoughts
AvaTrade is considered a fair and transparent broker.This platform is a superb place for big traders and offers a large list of tradable assets. The platform was established back in 2006 and through all of these years keeps improving its features. The main office is located at the centre of the online Forex trading system Avatrade is in Dublin, Ireland.
Min. Deposit: $100
Founded: 2006
Owner: Safecap Investments Limited
Location: Cyprus
Accepts US-clients:
no
Introduction
Markets.com is a fully licensed EU based broker, regulated by CySEC. The company offers FX and CFD trading on multiple trading platforms, including the widely popular MetaTrader 4 platform.Advantages
There are numerous reasons to choose Markets.com. Clients are thrilled with the $2,000 first time deposit bonus, demo account and the top-notch educational center.Disadvantages
With the convenience that Markets have to offer, there are very few disadvantages – if any. However, I must acknowledge that the lengthy withdrawal process is unfortunate.Trading Platforms
Markets.com is powered by the MetaTrader 4 software. This platform provides great flexibility and ease for its clients. The MetaTrader 4 provides 8 unique platforms that are avaialbel in web-base, download and mobile version.It is easy for you to trade on the go.Features
There are many advanced features such as Fixed & Floating Spreads, New Account Bonus, 24/5 Support, and a Risk-Free Demo Account.Usability
Markets’s online trading platform offers security and efficiency. Basically, there are 3 types of trading accounts: mini, standard and premium.Customer Support
Markets.com offers an excellent support service with employees responding to calls 24 hours a day during the week in multiple languages. Email and chat are also available in over 15 languages.Closing Thoughts
Market.com stands out as a top broker regulated by two separate and credible EU authorities. This site is a suitable choice, if your main desire is fair trading with a highly regulated, known company.
Min. Deposit: $100
Founded: 2006
Owner: eToro (Europe) Ltd.
Location: UK
Accepts US-clients:
no
Introduction
eToro is a highly recommended social trading network, accommodating both beginner forex traders and investors. Traders needs only a small deposit to invest in global markets such as Facebook, Twitter, major currency pairs and metals.You will benefit from the wide selection of trading tools, promotions, and detailed information on the website.Advantages
eToro is considered to be the world’s largest social investment network. Clients benefit from simple to use trading platforms. The social trading network enables every customer to find expert traders to learn from and copy the best. The company provides a myriad of tools to guide members throughout the first steps and encourages responsible trading.Disadvantages
Trading Platforms
eToro Mobile Trader , eToro Openbook , eToro webTraderThe platforms are fully regulated, secured by Verisign and adhere to strict privacy policies.
Features
There is a long list markets to select from such as Forex, Indices, Shares and Commodities. The site is very user friendly especially for new traders and offers plenty of information. There are generous leverage system and 24 hour customer service. Lastly, eToro offers a generous promotional plan.Usability
Every new eToro customer can enrol in one of the exclusive Trader Programs and benefit from the dedicated account teams, always available to give support.Customer Support
Customer support is provided through live chat, email or through the phone.Closing Thoughts
eToro is a global market place for traders to trade currencies, commodities, indices and CFD stocks online in a simple, transparent and more enjoyable way.
Min. Deposit: $500
Founded: 2007
Owner: UFX
Location: Cyprus
Accepts US-clients:
no
Introduction
UFX offers a wide array of services to cater to individual traders. The company provides complete expert support and training that can vastly improve your trading results.Advantages
UFX is a fully licenced and regulated broker in the European Union compliant with multiple financial authorities worldwide. Clients receive competitive trading conditions, and persona trading consultants.Disadvantages
With the benefits that UFX have to offer, there are very few disadvantages – if any. There are no commissions, therefore Fixed Spreads which traders will find very helpful and easy.Trading Platforms
The company has 3 platforms available: web based, mobile and download. This unique custom-built software, ParagonEx, is designed to make everyone's trading experience as smooth as possible.Features
All of the most popular trading assets are available on this platform, including currencies, commodities, indices and stocks. Clients have access to personal trading consultants, around the clock support and access to advanced trading tools.Usability
UFX’s online trading platform offers flexibility and speed to trade anytime and anywhere — including markets in the US, UK, Europe and Asia. Additional tools give its market traders a wealth of information and help them to realise their profit potential.Customer Support
The support team is ready to assist 24-hours a day by email and phone.Closing Thoughts
UFX is one of the leading candidates in the industry as it allows you to trade Forex, Commodities, Shares and Indices, through their CFD platform. They offer amazing bonuses such as a FDB bonus, phone verification bonus as well as an email verification bonus, which are very generous. Ultimately, this is a very interesting broker that can open up the world of trading to you.
Min. Deposit: $25
Founded: 2003
Owner: Easy Forex Trading Ltd
Location: Cyprus
Accepts US-clients:
no
Introduction
Easy-forex provides a world-class trading experience in over 160 countries worldwide. Traders receive access to personalized FX training programs, dealing room specialists and competitive prices.Advantages
Traders can invest in over 175 products ranging from currencies, commodities and metals, to options, using their desktop, tablet or smartphone devices.Disadvantages
There are not enough promotions and bonuses.Trading Platforms
Easy-forex supports online trading from any computer, anywhere in the world. The multilingual trading platform gives 24/7 secure access by web, download or iPhone app.Features
Easy-forex has fixed spreads, which allows traders to know the cost of placing an order ahead of time. Traders can open an account with as little as $25, and choose between Forex and Commodities trading.Usability
This is the ideal company for serious traders searching for extensive technical analysis. The platform carries multiple order types, 85 Pre-installed indicators, multiple chart setups, and auto trading.Customer Support
The customer service staff can be reached by email, and is available 24 hours a day during the Forex sessions.Closing Thoughts
Easy-Forex is a well-rounded dealer. The MT4 platform is the best-known and most widely used software in the FX world. The easy-forex demo account is a great way to learn about the Forex market under live market conditions.
Min. Deposit: $100
Founded: 2003
Owner: ETX Capital Group
Location: UK
Accepts US-clients:
no
Introduction
ETX allows clients to trade international financial indices, numerous equities, 50+ Forex pairs and a considerable number of commodities.Advantages
Traders can invest in over 5000 products ranging from currencies, commodities and metals, to options, using their desktop, tablet or smartphone devices.Disadvantages
There are not enough promotions and bonuses.Trading Platforms
There are over 5000 global markets traded via 4 powerful platforms : ETX Binary, ETX Trader, ETX TradePro, ETX MT4.Features
ETX offers educational opportunities for its clients, with regular seminars and webinars for all trading levels.Usability
With a minimum deposit level of just $100, anyone can open an account. The company offers customizable trading charts and tight spreads while accomplished traders have the chance to embrace a significant level of risk in pursuit of significant returns.Customer Support
ETX clients have access to a multilingual customer service team as well as a support website offering answers to FAQ’s in more than 15 different languages.Closing Thoughts
ETX works hard to provide a versatile trading experience for its clients. This provider offers a full range of mobile trading apps, with all 4 trading platforms available on iPhone, iPad and Android devices.
Min. Deposit: $100
Founded: 2010
Owner: FX Central Clearing Ltd
Location: Cyprus
Accepts US-clients:
no
Introduction
FXCC is a regulated Foreign Exchange Broker that offers complete anonymity, full transparency, advanced execution, direct and competitive market prices and spreads.Advantages
FXCC offers a simple to use trading platform stocked with a myriad of tools to guide members throughout the first steps and encourages responsible trading. Other advantages include: 28 currency pairs, extremely quick execution of trades and free real-time FX news.Disadvantages
One disadvantage is that the provider does not accept US clients.Trading Platforms
FXCC offers diversified, sophisticated and state-of-the-art trading platforms to its clients. The trading platforms (Mobile, Web, Download) were built with the latest technology to ensure that clients receive and enjoy the highest possible level of service.Features
FXCC offers 3 types of accounts: a standard account, XL account and advanced account. All clients have equal possibilities to enter bids and offers at, inside or outside the current spread.Usability
Every new customer can enrol in one of the exclusive Trader Programs and benefit from the dedicated account teams, always available to give support.Customer Support
Customer support is available 24 hours, 5 days a week in a multitude of languages. All inquiries are handled in a timely manner via live chat, email, or phone service.Closing Thoughts
FXCC has a reputable appearance in market with very low spreads along with exceptionally fast execution for professionals and active traders, hedge funds, money managers and banks.
Min. Deposit: $5
Founded: 2010
Owner: HF Markets Ltd
Location: Republic of Mauritius
Accepts US-clients:
no
Introduction
HotForex gives traders the necessary tools and resources to analyse price dynamics of financial instruments, and execute transactions using automated trading programs.Advantages
HotForex offers a competitive trading experience supported through Tight Spreads, Leverage up to 1:1000, EAs, Scalping, and Hedging.Disadvantages
Other providers offer higher bonuses.Trading Platforms
HotForex MT4 has taken the MetaTrader MT4 platform and introduced its liquidity to create a user-friendly front-end trading interface with interbank liquidity and fast execution. The HotForex MT4 Terminal is a perfectly equipped traders workplace that allows to trade in the financial markets (Forex, CFD and Futures).Features
This online trading provider offers a collection of great features including: news feeds directly into the trading platform, daily account statement, multiple charting & analysis and pre-programmed analytical tools.Usability
OctaFX platform provides a wide range of trading tools. The Metatrader 4 is a user-friendly and reliable trading platform. Metatrader 4 combines technology and design and presents a set of various educational features for traders.Customer Support
Customer service is provided 24/5 by chat, email, phone and social media such as Facebook and Twitter.Closing Thoughts
New traders can take advantage of the unlimited time to use the demo account, while seasoned traders can take advantage of tight dealing spreads and the generous bonuses offered when initially funding the account.
Min. Deposit: $5
Founded: 2011
Owner: Octa Markets Incorporated
Location: St. Vincent and the Grenadines
Accepts US-clients:
no