Top 8 Forex Brokers - June 2024

Find the best Forex Broker for you & Start trading instantly!

Find the best Forex Broker for you & Start trading instantly!
All Brokers are Regulated by FCA, CySEC or ASIC
June 2024

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Top8forexbrokers.com is an independent professional comparison site that provides users with free and valuable information on leading Forex brokers. Top8forexbrokers.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs
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Advertiser Disclosure

Top8forexbrokers.com is an independent professional comparison site that provides users with free and valuable information on leading Forex brokers. Top8forexbrokers.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs
RANK
BROKER
ADVANTAGES
MIN
DEPOSIT
SPREADS
FROM
OUR SCORE
MAX
LEVERAGE
REGULATION
SUPPORT
START
TRADING
1
Our Top Choice
Award-winning New Zealand Broker No fees on deposits
$200
0 PIPs
500:1
FMA (New Zealand), FSA
Pros
  • Segregated Accounts
  • Demo Account + Live Account
  • 64+ Forex Pairs, Index CFDs, Commodities
  • Derivative Issuer License issued by the Financial Markets Authority (FMA)
Cons
  • Limited to Regulated Jurisdictions
  • No Welcome Bonuses Available to New Traders
  • Restricted Number of Trading Tools and Resources
Platforms & Devices

MetaTrader 4 

MetaTrader 5

Webtrader

2
Zero commissions
$200
0.0 PIPs
1000:1
CySEC, FCA (UK), FSCA
Pros
  • Tight spreads and low commissions on all major pairs
  • Offering multiple accounts types including cent, standard & ECN
  • FXTM Invest allows investors to connect with your strategy for a fee
  • Trustworthy and regulated by FCA (UK) & CYSEC (EU)
Cons
  • Limited selection of CFD stocks to trade
  • Doesn’t accept clients from the US
Platforms & Devices
  • MetaTrader 5 (MT5)
  • MetaTrader 4 (MT4)
  • FXTM Trader
  • FXTM Invest (copy trading)
  • WebTrader
3
Special 40% Bonus *up to 8K$
$100
0.6 PIPs
400:1
CBI (Ireland), ASIC, FSCA, IIROC, FSA, FFA, ADGM, FRSA
Pros
  • Tight spreads
  • Multiple trading platforms
  • Powerful tools and resources available
  • Professional support and education
Cons
  • Fewer currency pairs compared to other brokers
Platforms & Devices
4
Tight Spreads PayPal Accepted
$200
0 PIPs
30:1
FCA (UK), DFSA, ASIC, CMA, CYSEC, SCB, BaFIN
5
Deal Cancellation Within an Hour
$100
1 PIPs
30:1
CySEC, ASIC, BVI & FSC
6
50% bonus on first deposit *up to $500 credit
€200
0.0 PIPs
500:1
ASIC (Australia), FCA (UK), CIMA (Cayman Islands), VFSC (Vanuatu)
7
Online Trading Tournaments Win real funds
$10
0.5 PIPs
30:1
CySEC
8
Smooth and swift withdrawals
$100
0.0 PIPs
100:1
FCA, ASIC, CySEC, SCB
Our Top Choice
1
Award-winning New Zealand Broker
97
Excellent
2
Zero commissions
95
Excellent
3
Special 40% Bonus
92
Great
4
Tight Spreads
90
Good
5
Deal Cancellation
88
Good
6
50% bonus on first deposit
86
Good
7
Online Trading Tournaments
83
Okay
8
Smooth and swift withdrawals
80
Okay
Latest Expert Reviews Summary:
"Very impressed by the service at AvaTrade and highly suggest them to new and experienced traders alike"
Score: 9 Written on: 12.11.2016
Pros
  • Tight spreads
  • Multiple trading platforms
  • Powerful tools and resources available
  • Professional support and education
Cons
  • Fewer currency pairs compared to other brokers
"As an experienced trader, I've enjoyed working with Pepperstone. They offer great options and low spreads ."
Score: 9.5 Written on: 01.11.2016
Pros
  • Segregated accounts
  • Great customer support
  • FCA regulated
  • 4.3/5 rating on trustpilot on 858 reviews
Cons
  • No bonuses
  • Demo account available for only 30 days 
"A buddy of mine recommended Plus500 to me and I've been very pleased with my service thus far"
Score: 9 Written on: 18.10.2016
Pros
  • 53 Forex pairs
  • Demo Trading Account
  • Tight spreads 
  • Internationally respected trading platform
Cons
  • No telephone number for support
  • MT4 Trading not supported 
  • No US traders allowed to trade on site
How to Choose a Forex Broker?

Top8ForexBrokers.com helps you compare and choose your preferred Forex Broker. We suggest keeping the following checklist in mind when making your decision:

  • Is the Forex Broker regulated?
  • Account Details: Ideally, your broker should offer either a selection of account types or some element of customizability. Competitive spreads and easy deposits/withdrawals are good indicators too. 
  • Number of Currency Pairs offered: The variety of currency pairs on offer, as well as the quantity, should be considered (the more of both, the better).
  • Availability of Customer Service. 
  • Quality of the Trading Platform: look for a platform that is easy to use, straightforward and offers a collection of technical and analytical tools to enhance your trading experience.