The 10 Best Regulated Forex Brokers – Rated and Reviewed. We have listed the Best Forex Brokers with Trusted licenses and Regulations.
In this in-depth guide, you will learn:
- The Best Regulated Forex Brokers – a List
- What is a Broker Regulation?
- Is it safe to Trade with an Unregulated Broker?
and much, MUCH more!
🔎 Broker | 🚀Open an Account | ✏️ Education | 💶 Min. Deposit | ⭐ Trust Score (5) |
🥇 AvaTrade | 👉 Open Account | ✅Yes | 100 USD | 4.8 |
🥈 Exness | 👉 Open Account | ✅Yes | 10 USD | 4.9 |
🥉 JustMarkets | 👉 Open Account | ✅Yes | 1 USD | 4.4 |
🏅 XM | 👉 Open Account | ✅Yes | 5 USD | 4.9 |
🎖️ HFM | 👉 Open Account | ✅Yes | None | 4.8 |
🥇 BDSwiss | 👉 Open Account | ✅Yes | 10 USD | 4.7 |
🥈 Pepperstone | 👉 Open Account | ✅Yes | 10 USD | 4.9 |
🥉 FBS | 👉 Open Account | ✅Yes | 5 USD | 4.9 |
🏅 Octa | 👉 Open Account | ✅Yes | 5 USD | 4.8 |
🎖️ FP Markets | 👉 Open Account | ✅Yes | 100 USD | 4.9 |
10 Best Regulated Forex Brokers (2025)
- ☑️ AvaTrade – Overall, the Best Regulated Forex Broker
- ☑️ Exness – Highly Regulated and Trusted Forex Broker
- ☑️ JustMarkets – Low Minimum Deposit Forex Broker
- ☑️ XM – Popular Broker for Beginners
- ☑️ HFM – Excellent Bonus Offers and Promotions
- ☑️ BDSwiss – Best Mobile Trading Experience
- ☑️ Pepperstone – Best Online Trading Experience
- ☑️ FBS – Operates in 150+ Countries
- ☑️ Octa – High-Security Measures
- ☑️ FP Markets – Best Overall Offering
1. AvaTrade
AvaTrade, established in 2006 and headquartered in Dublin, Ireland, is a highly regulated forex broker with licenses from several financial authorities, including the Central Bank of Ireland and ASIC. With over 19,000 trading assets and a minimum deposit of $100, AvaTrade offers robust security features like account segregation and negative balance protection.
Traders can access multiple platforms, including MetaTrader 4 and 5, and enjoy a variety of account types, including Islamic accounts.
🔎 Broker | 🥇 AvaTrade |
📈 Established Year | 2006 |
🏦 Headquarters | Dublin, Ireland |
⏩ Publicly Traded | None |
📉 Regulation and Licenses | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC |
📉 Tier-1 Licenses | 4 |
📊 Tier-2 Licenses | 3 |
💴 Min. Deposit | 100 USD |
🚩Safety and Security | Very High |
🔃 Account Segregation | ✅Yes |
🔒 Negative Balance Protection | Offered |
🔏 Investor Protection Schemes | Participates in relevant schemes |
🆓 Demo Account | ✅Yes |
☪️ Islamic Account | ✅Yes |
📈 Traded Assets | 19'000+ |
💶 Trading Fees | Spread Only |
💵 Inactivity Fee | ✅Yes |
💷 Deposit Fees | None |
💰 Withdrawal Fees | None |
🖱️ Trading Platforms | AvaTrade WebTrader, AvaOptions, AvaTradeGO, MetaTrader 4, MetaTrader 5, AvaSocial, DupliTrade, ZuluTrade |
4️⃣ MetaTrader 4 | ✅Yes |
5️⃣ MetaTrader 5 | ✅Yes |
🎁 Bonuses | Referral Bonus |
⏰ Support Hours | 24/5 |
📌 Account Types | Retail, Islamic, Professional |
🪙 Base Currencies | ZAR, USD, GBP, AUD |
▶️ Leverage | 1:30 (Retail), 1:400 (Pro) |
💵 Currency Pairs | 51+ |
🥰 Website Languages | Multiple |
🤝 Affiliate Program | ✅Yes |
❌ Banned Countries | United States, Belgium, Syria, Iran, New Zealand, Cuba |
🅰️ Scalping | ✅Yes |
🅱️ Hedging | ✅Yes |
📐 Trading Instruments | Forex, Stocks, Commodities, Crypto CFDs, Treasuries, Bonds, Indices, Exchange-Traded Funds (ETFs), Options, Precious Metals, CFDs |
💳 Deposit Methods | Credit/debit cards, bank transfers, e-wallets |
💸 Withdrawal Methods | Similar to deposit methods |
⏲️ Withdrawal Time | Typically 1-3 business days |
😊 Support Channels | Live chat, email, phone |
📝 Educational Resources | Webinars, tutorials, market analysis |
🗂️ Risk Management Tools | AvaProtect, stop-loss, take-profit |
📲 Mobile Trading | iOS and Android |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Negative balance protection | Slow withdrawal - over 3 days |
Free withdrawal | High inactivity fees |
Great research tools | Average CFD fees |
Regulated by multiple financial authorities | Higher Spreads for Standard Account |
Diverse Asset Range | Varying levels of responsiveness in customer support |
Competitive Spreads | Slow processing of deposits |
Frequently Asked Questions
What regulatory licenses does AvaTrade hold?
AvaTrade is regulated by multiple authorities, including the Central Bank of Ireland, ASIC, and CySEC, providing a high level of oversight and security for traders.
What trading platforms are available at AvaTrade?
Traders can use AvaTrade WebTrader, MetaTrader 4, MetaTrader 5, and other platforms, offering flexibility for various trading styles.
Is there a demo account option?
Yes, AvaTrade offers a demo account, allowing traders to practice without risking real money.
What are the fees associated with trading at AvaTrade?
AvaTrade charges spread-only trading fees with no deposit fees, while an inactivity fee may apply if an account is dormant.
Our Verdict
AvaTrade stands out as a highly regulated broker with excellent safety features and a wide range of trading instruments. With its strong regulatory framework, competitive fees, and user-friendly platforms, it is a solid choice for both novice and experienced traders looking for a reliable trading environment.
2. Exness
Exness, founded in 2008, is a globally regulated forex broker with a strong presence, boasting over 500,000 active traders and a dedicated staff of over 1,000. With high safety standards, including account segregation and negative balance protection, Exness allows trading with a minimum deposit of just $1.
It offers competitive spreads starting from 0.0 pips and supports over 80 base currencies across multiple trading platforms, including MetaTrader 4 and 5.
🔎 Broker | 🥇 Exness |
📌 Year Founded | 2008 |
👤 Amount of Staff | 1,000+ |
👥 Amount of Active Traders | Over 500,000 |
📍 Publicly Traded | None |
🛡️ Regulation> | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA |
🌎 Country of Regulation | Multiple |
⭐ Safety and Security | High |
↪️ Account Segregation | ✅Yes |
🚨 Negative Balance Protection | ✅Yes |
📈 Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | None |
💴 Minor Account Currencies | USD, EUR, GBP, AUD, ZAR, etc. |
💶 Minimum Deposit | 1 USD |
⏰ Average Deposit/Withdrawal Processing Time | Instant to a Few hours |
💵 Fund Withdrawal Fee | None |
📉 Spreads From | 0.0 pips |
💷 Commissions | From $0 to $3.5 per lot |
🔢 Number of Base Currencies Supported | 80+ |
💳 Swap Fees | ✅Yes |
📊 Leverage | Up to 1:2000 |
💹 Margin Requirements | Variable based on instrument and leverage |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
⏲️ Order Execution Time | Average 0.1 seconds |
🖥️ VPS Hosting | ✅Yes |
📊 CFDs Total | 100+ |
⭐ CFD Stock Indices | 10+ |
🍎 CFD Commodities | 5+ |
📈 CFD Shares | 70+ |
📉 Deposit Options | Bank Transfer, Credit/Debit, E-wallets, Cryptocurrencies |
📊 Withdrawal Options | Bank Transfer, Credit/Debit, E-wallets, Cryptocurrencies |
💹 Trading Platforms | MetaTrader 4, MetaTrader 5, Exness Trader (Mobile) |
💱 OS Compatibility | Windows, macOS, iOS, Android, Web |
📌 Forex Trading Tools | Economic Calendar, Currency Converter, Trading Calculators, Tick History |
🥰 Live Chat Availability | 24/7 |
💌 Support Email Address | support@exness.com |
☎️ Support Contact Number | Varies by region |
💙 Social Media Platforms | Facebook, Twitter, Instagram, |
✏️ Languages Supported | Multiple |
📔 Forex Course | ✅Yes |
📚 Webinars | ✅Yes |
📒 Educational Resources | Articles, Video Tutorials, How-To Guides |
📑 Affiliate Program | ✅Yes |
🗃️ Amount of Partners | Thousands globally |
🗄️ IB Program | ✅Yes |
📇 Sponsors | ✅Yes |
📏 Rebate Program | ✅Yes |
📐 Cent or Micro Accounts | ✅Yes |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Highly Regulated | Limited Product Offering in Some Regions |
Low Minimum Deposit | High Leverage Risk |
High Leverage | Swap Fees |
Instant Withdrawals | Complex Bonus Conditions |
Wide Range of Trading Instruments | Inactivity Fees |
Multiple Account Types | Limited Proprietary Platform Features |
Excellent Trading Platforms | Country Restrictions |
Frequently Asked Questions
What regulatory bodies oversee Exness?
Exness is regulated by multiple authorities, including the FCA, CySEC, and the FSC, ensuring a high level of trader protection.
What is the minimum deposit required to start trading with Exness?
The minimum deposit to open an account with Exness is only $1, making it accessible for new traders.
Does Exness offer a demo account?
Yes, Exness provides a demo account for traders to practice and familiarize themselves with the platform without risk.
What are the trading costs at Exness?
Exness offers spreads starting from 0.0 pips, with commissions ranging from $0 to $3.5 per lot, depending on the account type.
Our Verdict
Exness is a well-regulated broker that combines high safety standards with an accessible trading environment. Its low minimum deposit, competitive spreads, and comprehensive educational resources make it an excellent choice for both beginner and experienced traders seeking flexibility and security in their trading activities.
3. JustMarkets
JustMarkets, established in 2010 and regulated by authorities such as the FSA and CySec, provides a secure trading environment with features like account segregation and negative balance protection. With a minimum deposit of just $10, traders can access over 500 CFDs, including forex, commodities, and shares.
The broker offers competitive spreads from 0.0 pips and supports multiple trading platforms, including MetaTrader 4 and 5.
🔎 Broker | 🥇 JustMarkets |
📌 Year Founded | 2010 |
📉 Publicly Traded (Listed Company) | None |
⭐ Regulation | FSA, CySec, FSCA, FSC |
🌎 Country of regulation | Belize |
⭐ Account Segregation | ✅Yes |
🚨 Negative balance protection | ✅Yes |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | ✅Yes |
💴 Minor account currencies | Multiple |
💶 Minimum Deposit | 10 USD |
⭐ Average deposit/withdrawal processing time | 1-2 business days |
💵 Fund Withdrawal Fee | Varies based on method |
💹 Spreads from | 0.0 pips |
💷 Commissions | Depends on account type and trading volume |
7️⃣ Number of base currencies supported | 7 |
💳 Swap Fees | ✅Yes |
📈 Leverage | Up to 1:1000 |
📉 Margin requirements | Varies based on leverage and position size |
☪️ Islamic account | ✅Yes |
🆓 Demo Account | ✅Yes |
⏲️ Order Execution Time | Fraction of a second to a few seconds |
⚙️ VPS Hosting | Available for clients |
⭐ CFDs Total | 500+ |
📈 CFD Stock Indices | ✅Yes |
🍎 CFD Commodities | ✅Yes |
📉 CFD Shares | ✅Yes |
➡️ Deposit Options | Bank transfer, credit/debit cards, e-wallets |
↪️ Withdrawal Options | Bank transfer, credit/debit cards, e-wallets |
🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5 |
💻 OS Compatibility | Windows, macOS, iOS, Android |
🖥️ Forex trading tools | Various built-in and third-party tools available |
🥰 Live chat availability | ✅Yes |
💌 Customer Support Email address | support@justmarkets.com |
🚀 Social media Platforms | Facebook, Twitter, Instagram, |
📔 Languages supported on FBS Website | Multiple languages |
📚 Forex course | ✅Yes |
📒 Webinars | ✅Yes |
📑 Educational Resources | ✅Yes |
⭐ Affiliate program | ✅Yes |
📉 IB Program | ✅Yes |
📊 Rebate program | ✅Yes |
💹 Does JustMarkets Accept US Traders | No |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
MAM accounts | US clients not accepted |
Excellent Education | High Spreads |
Low Minimum Deposit | Limited Regulation |
High Leverage | Limited Investor Protection Schemes |
Competitive Spreads | High Leverage Risks |
Multiple Account Types | Withdrawal Fees |
Demo Account | Limited educational resources |
Frequently Asked Questions
What regulatory bodies oversee JustMarkets?
JustMarkets is regulated by several authorities, including the FSA, CySec, and FSCA, ensuring a secure trading environment.
What is the minimum deposit to open an account?
The minimum deposit required to start trading with JustMarkets is $10, making it accessible for many traders.
Are there educational resources available for traders?
Yes, JustMarkets offers various educational resources, including forex courses, webinars, and trading tools.
What are the trading costs at JustMarkets?
JustMarkets features spreads starting from 0.0 pips, with commissions varying based on the account type and trading volume.
Our Verdict
JustMarkets is a well-regulated broker that offers a low entry point for traders, robust safety features, and a wide range of trading instruments. With its competitive trading conditions and comprehensive educational offerings, it is a solid choice for both new and experienced traders looking to enhance their trading experience.
4. XM
XM, founded in 2009, is a highly regarded forex broker with over 5 million active traders and a dedicated team of more than 450 employees. Regulated by multiple authorities, including ASIC and CySEC, XM prioritizes safety with features like account segregation and negative balance protection.
With a minimum deposit of just $5, traders can access over 1,000 CFDs and enjoy competitive spreads starting from 0.6 pips, all on platforms like MetaTrader 4 and 5.
🔎 Broker | 🥇 XM |
📌 Year Founded | 2009 |
👤 Amount of Staff | 450+ employees |
👥 Amount of Active Traders | 5,000,000+ traders worldwide |
📍 Publicly Traded | None |
📈 Regulation | Financial Services Commission (FSC) |
⭐ Safety and Security | High |
📉 Account Segregation | ✅Yes |
📊 Negative Balance Protection | ✅Yes |
💹 Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | None |
🅱️ Managed Accounts | None |
💴 Minor Account Currencies | USD, EUR, GBP, JPY, AUD |
💶 Minimum Deposit | 5 USD |
⏰ Average Deposit/Withdrawal Time | 24 hours |
💵 Fund Withdrawal Fee | None |
💱 Spreads From | 0.6 pips on major pairs |
💷 Commissions | Zero commissions on most account types |
🔟 Number of Base Currencies | 11+ |
💰 Swap Fees | ✅Yes |
📊 Leverage | Up to 1:888 |
💹 Margin Requirements | Variable |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
📈 Order Execution Time | 0.01 seconds |
🖥️ VPS Hosting | Free VPS |
📍 CFDs Total | 1,000+ |
📑 CFD Stock Indices | 14+ |
🍎 CFD Commodities | 8+ |
📌 CFD Shares | 1,200+ |
🅰️ Deposit Options | Bank Wire, Credit/Debit Card, eWallets, Local Payment Methods |
🅱️ Withdrawal Options | Bank Wire, Credit/Debit Card, eWallets, Local Payment Methods |
⭐ Trading Platforms | MetaTrader 4, MetaTrader 5 |
💻 OS Compatibility | Windows, macOS, Android, iOS |
🖥️ Forex Trading Tools | Technical analysis, trading signals, economic calendar, Autochartist |
🩷 Customer Support | Multiple Channels |
🥰 Live Chat Availability | 24/5 |
💌 Customer Support Email | support@xm.com |
☎️ Customer Support Contact Number | +501 223-6696 +501 227-9421 |
💡 Social Media Platforms | Facebook, Twitter, Instagram, LinkedIn, YouTube |
✏️ Languages Supported | 25+ |
📔 Forex Course | ✅Yes |
📚 Webinars | ✅Yes |
📒 Educational Resources | Video tutorials, trading guides, market analysis, blog |
🤝 Affiliate Program | ✅Yes |
🗃️ Amount of Partners | 100,000+ |
🗄️ IB Program | ✅Yes |
🏆 Sponsors events or teams | ✅Yes |
🏷️ Rebate Program | ✅Yes |
🔖 Cent or Micro Accounts | ✅Yes |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Highly Regulated | Inactivity Fees |
Diverse Account Types | No U.S. Clients |
Low Minimum Deposit | Higher Spreads on Select Accounts |
No Requotes | Withdrawal Fees |
Tight Spreads | High Leverage Risks |
Multiple Platforms | Account Verification Process |
Variety of Instruments | Limited Proprietary Tools |
Free VPS Hosting | Language Support Limitations |
Multilingual customer support | Geographic Restrictions |
Frequently Asked Questions
What regulatory bodies oversee XM?
XM is regulated by several authorities, including the FSC, DFSA, CySEC, and ASIC, ensuring a secure trading environment.
What is the minimum deposit required to open an account?
The minimum deposit to start trading with XM is only $5, making it accessible to a wide range of traders.
Are there any fees for fund withdrawals?
No, XM does not charge any fees for fund withdrawals, allowing for cost-effective trading.
What educational resources does XM provide?
XM offers a variety of educational resources, including forex courses, webinars, video tutorials, and market analysis.
Our Verdict
XM stands out as a reliable broker with strong regulatory oversight, low entry requirements, and a wealth of educational resources. Its competitive trading conditions, including zero commissions on most accounts, make it an excellent choice for both beginner and experienced traders looking for a supportive trading environment.
5. HFM
HFM, established in 2010, is a well-regulated forex broker with over 1 million active traders and a dedicated team of 200+ staff. With no minimum deposit requirement, HFM provides access to more than 1,000 CFDs and offers competitive spreads starting from 0.0 pips.
The broker is regulated by multiple authorities, including FCA and CySEC, and features strong safety measures like account segregation and negative balance protection.
🔎 Broker | 🥇 HFM |
📍 Year Founded | 2010 |
👤 Amount of staff | 200+ |
👥 Amount of active traders | Over 1 million |
↪️ Publicly Traded | No |
💴 Minimum Deposit | $0 |
📌 Regulation and Licenses | FSCA, DFSA, FSA, FCA, FSC, CMA |
⏰ Support Hours | 24/5 |
⚙️ Trading Platforms | MT4, MT5, HFM Trading App |
🎁 Bonus Offers | ✅Yes |
🪙 Crypto Trading | ✅Yes |
🔃 Account Segregation | ✅Yes |
🚨 Negative balance protection | ✅Yes |
⭐ Investor Protection Schemes | Yes, up to €85,000 (FCA) |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | ✅Yes |
⏰ Avg. deposit processing time | Instant to 1 business day |
⏱️ Avg. Withdrawal processing time | 1-3 business days |
📈 Fund Withdrawal Fee | Varies by method, generally free |
📉 Spreads from | 0.0 pips |
📊 Commissions | Varies by account type and instrument |
💹 Number of base currencies | 40+ |
💱 Swap Fees | Varies by instrument and position duration |
⏸️ Leverage | Up to 1:1000 |
⏹️ Margin requirements | Varies by account and leverage |
☪️ Islamic account | ✅Yes |
🆓 Demo Account | ✅Yes |
⏲️ Order Execution Time | Typically milliseconds to seconds |
🖱️ VPS Hosting | Available |
📑 CFDs Total Offered | 1,000+ |
🗃️ CFD Stock Indices | ✅Yes |
🍎 CFD Commodities | ✅Yes |
📇 CFD Shares | ✅Yes |
💴 Deposit Options | Bank transfer, credit/debit cards, e-wallets |
💶 Withdrawal Options | Bank transfer, credit/debit cards, e-wallets |
🚩 OS Compatibility | Windows, macOS, iOS, Android |
⚙️ Forex trading tools | Economic calendar, trading signals, market analysis tools |
🥰 Live chat availability | ✅Yes |
💌 Support Email | Contact Form |
☎️ Support Contact | Varies by Region |
🐦 Social Media | Facebook, Twitter, LinkedIn, YouTube |
🗯️ Languages on Website | English, Spanish, German, Arabic |
✏️ Forex course | ✅Yes |
📔 Webinars | ✅Yes |
📚 Educational Resources | Articles, Videos, Tutorials |
🫰🏻 Affiliate program | ✅Yes |
🫶 Amount of partners | Numerous |
🤝 IB Program | ✅Yes |
🏆 Sponsor notable events/teams | ✅Yes |
💷 Rebate program | ✅Yes |
🅰️ Cent Accounts | ✅Yes |
🅱️ Zero Accounts | ✅Yes |
😊 Suited to Beginners | ✅Yes |
😎 Suited to Professionals | ✅Yes |
🌟 Suited to Active Traders | ✅Yes |
▶️ Suited to Scalpers | ✅Yes |
🌞 Suited to Day Traders | ✅Yes |
🚀Open an Account | 👉 Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
High-Trust Score | Small range of tradable assets |
Low Min. Deposit | Limited Customer Support |
MT4 and MT5 | Limited Base Account Currency |
Proprietary Platform | Withdrawal Fee may apply |
Premium Trader Tools | Limited Customer Support |
Micro Account | Trading Fees higher than Average |
Frequently Asked Questions
What regulatory bodies oversee HFM?
HFM is regulated by several authorities, including FSCA, FCA, and CySEC, ensuring a secure trading environment.
What is the minimum deposit required to start trading?
HFM has a minimum deposit requirement of $0, making it accessible for all traders.
Does HFM offer educational resources?
Yes, HFM provides a range of educational materials, including forex courses, webinars, articles, and video tutorials.
What trading platforms does HFM support?
HFM offers popular trading platforms, including MT4, MT5, and its own HFM Trading App.
Our Verdict
HFM is a versatile broker that excels in providing a secure and user-friendly trading environment. With its zero minimum deposit, strong regulatory framework, and extensive educational resources, it is well-suited for both beginners and experienced traders looking for flexibility and a wide range of trading instruments.
6. BDSwiss
BDSwiss, founded in 2012, is a reputable forex broker with over 1 million active traders and a team of more than 200 employees. Regulated by multiple authorities, including the FSA and FSCA, BDSwiss prioritizes safety with features like account segregation and negative balance protection.
With a minimum deposit of $100, traders can access over 250 CFDs, competitive spreads starting from 0.0 pips on raw accounts, and various trading platforms including MT4 and MT5.
🔎 Broker | 🥇 BDSwiss |
📌 Year Founded | 2012 |
👤 Amount of Staff | Over 200 |
👥 Amount of Active Traders | Over 1,000,000 |
📍 Publicly Traded | None |
📈 Regulation | FSA, FSC, FSCA, MISA, SCA |
📉 Country of Regulation | Cyprus, Seychelles, Germany |
📊 Account Segregation | ✅Yes |
💹 Negative Balance Protection | ✅Yes |
💱 Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | ✅Yes |
💴 Minor Account Currencies | 10+ |
💶 Minimum Deposit | $100 |
⏰ Average Deposit/Withdrawal Processing Time | 1-3 business days |
💵 Fund Withdrawal Fee | Varies by method |
➡️ Spreads From | 0.0 pips (for Raw account) |
💷 Commissions | Varies by account type |
💰 Number of Base Currencies Supported | 20+ |
🔃 Swap Fees | ✅Yes |
📑 Leverage | Up to 1:500 |
▶️ Margin Requirements | Varies by instrument and leverage |
☪️ Islamic Account (Swap-Free) | ✅Yes |
🆓 Demo Account | ✅Yes |
⏱️ Order Execution Time | 0.1 - 0.3 seconds |
🔖 VPS Hosting | Yes (for clients meeting criteria) |
1️⃣ CFDs - Total Offered | 250+ |
2️⃣ CFD Stock Indices | 15+ |
3️⃣ CFD Commodities | 10+ |
4️⃣ CFD Shares | 100+ |
💴 Deposit Options | Bank Transfer, Credit/Debit Cards, E-wallets |
💶 Withdrawal Options | Bank Transfer, Credit/Debit Cards, E-wallets |
💻 Trading Platforms | MT4, MT5, BDSwiss Mobile App, BDSwiss WebTrader |
🖥️ OS Compatibility | Windows, macOS, iOS, Android |
⚙️ Forex Trading Tools | Economic Calendar, Trading Signals |
🥰 Live Chat Availability | ✅Yes |
💌 Customer Support Email Address | support@bdswiss.com |
☎️ Customer Support Contact Number | +44 203 695 4343 |
⭐ Social Media Platforms | Facebook, Twitter, |
🏷️ Languages Supported on Website | 20+ |
📔 Forex Course | ✅Yes |
📚 Webinars | ✅Yes |
📒 Educational Resources | Articles, webinars, tutorials |
🤝 Affiliate Program | ✅Yes |
🫶 IB Program | ✅Yes |
🏆 Do They Sponsor Any Notable Events or Teams | ✅Yes |
❤️ Rebate Program | ✅Yes |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Regulated by multiple reputable authorities | No Clients from the United States |
Various account types | Withdrawal Fees may Apply |
Competitive spreads | There are fees for in active accounts |
Wide Range of Trading Instruments | Educational resources are not extensive |
Advanced Trading Platforms | Slow/less Support responsive at times |
Negative Balance Protection | No advanced research tools and market analysis |
Offers VPS hosting | The fee structure can be complex |
Wide range of educational materials | Cryptocurrency trading Limited |
Frequently Asked Questions
What regulatory bodies oversee BDSwiss?
BDSwiss is regulated by authorities such as the FSA, FSC, and FSCA, ensuring a secure trading environment.
What is the minimum deposit required to start trading?
The minimum deposit for opening an account with BDSwiss is $100.
Does BDSwiss offer educational resources?
Yes, BDSwiss provides comprehensive educational resources, including forex courses, webinars, and tutorials.
What trading platforms are available at BDSwiss?
Traders can use various platforms, including MT4, MT5, and the BDSwiss Mobile App.
Our Verdict
BDSwiss offers a strong combination of regulatory safety, competitive trading conditions, and a wide array of educational resources. With its reasonable minimum deposit and multiple platform options, it is an excellent choice for both new and experienced traders looking for a reliable trading environment.
7. Pepperstone
Pepperstone, founded in 2010, is a leading forex broker with over 300,000 active traders and a dedicated team of more than 300 employees. Regulated by multiple authorities, including ASIC and FCA, Pepperstone offers high safety standards with features like account segregation and negative balance protection.
With no minimum deposit required, traders can access over 1,200 CFDs and enjoy competitive spreads starting from 0.0 pips on platforms such as MetaTrader 4, MetaTrader 5, and cTrader.
🔎 Broker | 🥇 Pepperstone |
📌 Year Founded | 2010 |
👤 Amount of Staff | 300+ |
👥 Active Traders | 300,000+ |
📍 Publicly Traded | None |
🛡️ Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB |
🌎 Country of Regulation | UK, Australia, Cyprus |
⭐ Safety and Security | High |
🔃 Account Segregation | ✅Yes |
🚨 Negative Balance Protection | ✅Yes |
📊 Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | None |
💴 Minor Account Currencies | ✅Yes |
💶 Minimum Deposit | AU$10 |
⏰ Average Deposit/Withdrawal Processing Time | Depends on method |
💵 Fund Withdrawal Fee | None |
⭐ Spreads From | 0.0 pips |
💷 Commissions | ✅Yes |
🔢 Base Currencies | AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, and HKD |
💳 Swap Fees | ✅Yes |
⏩ Leverage | 1:500 (Pro), 1:200 (Retail) (Retail Leverage is license-specific and can be as low as 1:30) |
▶️ Margin Requirements | Varies |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
📈 Order Execution Time | Under 30ms |
📉 VPS Hosting | ✅Yes |
📊 CFDs Total | 1200+ |
💹 CFD Stock Indices | 14+ |
🍎 CFD Commodities | 20+ |
💱 CFD Shares | 900+ |
🅰️ Deposit Options | Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill, POLi |
🅱️ Withdrawal Options | Bank Transfer, Credit/Debit Cards, PayPal, Neteller, Skrill, POLi |
🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, TradingView Proprietary Pepperstone Platform |
💻 OS Compatibility | Windows, macOS, iOS, Android, Web-based |
⚙️ Forex Trading Tools | Advanced charting, Autochartist, TradingView integration, Market Analysis |
🩷 Customer Support | Multiple Channels |
🥰 Live Chat Availability | 24/5 |
💌 Support Email Address | support@pepperstone.com |
☎️ Support Contact Number | +254 2038 93547/8/9 |
💙 Social Media Platforms | Facebook, Twitter, LinkedIn, |
↪️ Languages Supported | 20+ |
✏️ Forex Course | ✅Yes |
📔 Webinars | ✅Yes |
📚 Educational Resources | Articles, Videos, Trading Guides, eBooks |
🤝 Affiliate Program | ✅Yes |
📑 Amount of Partners | Thousands globally |
🗃️ IB Program | ✅Yes |
🗄️ Sponsors Notable Events or Teams | ✅Yes |
📇 Rebate Program | ✅Yes |
⭐ Cent or Micro Accounts | None |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Responsive and friendly customer service | Costs of holding positions overnight can be significant |
No inactivity fee | International bank transfers have a $20 fee |
Educational Resources and Research Tools | The variety of platforms can be overwhelming for Beginners |
Quick and easy account setup | No US Clients |
Frequently Asked Questions
What regulatory bodies oversee Pepperstone?
Pepperstone is regulated by several authorities, including ASIC, FCA, and BaFin, ensuring a secure trading environment.
What is the minimum deposit required to open an account?
Pepperstone has no minimum deposit requirement, making it accessible for all traders.
Does Pepperstone offer educational resources?
Yes, Pepperstone provides a variety of educational materials, including forex courses, webinars, and trading guides.
What trading platforms are available at Pepperstone?
Traders can choose from popular platforms like MetaTrader 4, MetaTrader 5, cTrader, and TradingView.
Our Verdict
Pepperstone stands out for its robust regulatory framework, competitive trading conditions, and extensive educational offerings. With no minimum deposit and a wide range of trading tools, it is an excellent choice for both novice and experienced traders seeking a reliable and flexible trading experience.
8. FBS
FBS, established in 2009, is a popular forex broker serving over 27 million active traders with a dedicated team of 243 staff. Regulated by FSC, CySEC, and ASIC, FBS emphasizes safety through features like account segregation and negative balance protection.
With a minimum deposit of just $5, traders can access over 650 CFDs and competitive spreads starting from 0.7 pips on platforms like MetaTrader 4 and MetaTrader 5.
🔎 Broker | 🥇 FBS |
📅Year Founded | 2009 |
🧑🏻💻Amount of staff | 243 |
👩💻Amount of active traders | Over 27 Million |
🌐Publicly Traded | None |
🛡️Regulation | FSC, CySEC, ASIC |
🌎Country of regulation | Cyprus (CySEC), Belize (FSC), Australia (ASIC) |
💻Account Segregation | ✅Yes |
🪫Negative balance protection | ✅Yes |
🔋Investor Protection Schemes | ✅Yes |
➕Accounts | Standard Account |
💳Institutional Accounts | ✅Yes |
👨💼Managed Accounts | ✅Yes |
📇Minor account currencies | USD, EUR |
💰Minimum Deposit | 5 USD |
🕞Deposit/withdrawal processing | 1-3 business days |
🪙Fund Withdrawal Fee | Free, but may depend on payment method |
📊Spreads from | 0.7 pips |
💸Commissions | None |
💱Number of base currencies | Over 72 |
🚀Swap Fees | Overnight financing fees apply |
📈Leverage | Up to 1:3000 |
📏Margin requirements | 50% |
☪️Islamic account (swap-free) | ✅Yes |
💻Demo Account | ✅Yes |
⌛Order Execution | Typically within milliseconds |
📆VPS Hosting | Yes, for eligible clients |
🧾CFDs-Total Offered | Over 650+ |
🗠CFD Stock Indices | ✅Yes |
⚖️CFD Commodities | ✅Yes |
📜CFD Shares | ✅Yes |
💳Deposit Options | Credit/debit cards, bank transfers, electronic wallets. |
💵Withdrawal Options | Must be sent via the same payment method used for deposit |
💻Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) |
👩💻OS Compatibility | Windows, macOS, Android, iOS, Web |
🖥️Forex trading tools | ✅Yes |
🗣️Live chat availability | ✅Yes |
📱Customer Support email | support@fbs.com |
📞Customer Support Contact | +357 22 010970 |
👾Social media Platforms | Facebook, Twitter, |
🗣️Languages supported | 14 Languages |
🖺Forex course | ✅Yes |
🧏♀️Webinars | ✅Yes |
📚Educational Resources | ✅Yes |
🪪Affiliate program | ✅Yes |
👨🏫Amount of partners | 700 000 |
📋IB Program | ✅Yes |
🪙Rebate program | ✅Yes |
🚀Open an Account | Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
Low Minimum Deposit | Limited Investor Protection |
High Leverage | Fees on Some Services |
Multiple Trading Platforms | Variable Spread Costs |
Demo Accounts | High Leverage Risks |
Frequently Asked Questions
What regulatory bodies oversee FBS?
FBS is regulated by FSC, CySEC, and ASIC, ensuring a secure trading environment.
What is the minimum deposit required to start trading?
The minimum deposit for opening an account with FBS is $5.
Does FBS offer educational resources?
Yes, FBS provides various educational materials, including forex courses, webinars, and trading guides.
What trading platforms does FBS support?
FBS offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for trading.
Our Verdict
FBS offers a compelling trading environment with strong regulatory oversight, low minimum deposit, and extensive educational resources. Its wide range of trading options and supportive features make it an excellent choice for both beginner and experienced traders looking for flexibility and security.
9. Octa
Octa, founded in 2011, is a well-regulated forex broker with oversight from CySEC, MISA, and FSCA, ensuring high safety standards. With a minimum deposit of just $25, traders can access a range of features, including account segregation and negative balance protection.
Octa supports over 300 CFDs and offers multiple trading platforms, including MetaTrader 4 and 5, appealing to both beginners and experienced traders.
🔎 Broker | 🥇 Octa |
📌 Year Founded | 2011 |
📍 Publicly Traded (Listed Company) | Not Publicly Traded |
Regulation | CySEC MISA FSCA FSC |
🌎 Country of Regulation | Cyprus Comoros South Africa Mauritius |
🛡️ Safety and Security | High |
📉 Account Segregation | ✅Yes |
📊 Negative Balance Protection | ✅Yes |
💹 Investor Protection Schemes | ✅Yes |
🅰️ Institutional Accounts | ✅Yes |
🅱️ Managed Accounts | ✅Yes |
💱 Minor Account Currencies | ✅Yes |
💴 Minimum Deposit | 25 USD |
⏰ Average Deposit/Withdrawal Processing Time | Varies by method |
💶 Fund Withdrawal Fee | Varies by method |
↪️ Spreads From | 0.0 pips |
💵 Commissions | Variable |
💷 Number of Base Currencies Supported | 30+ |
💳 Swap Fees | Varies |
⭐ Leverage | Up to 1:500 |
📝 Margin Requirements | Varies |
☪️ Islamic Account | ✅Yes |
🆓 Demo Account | ✅Yes |
⚡ Order Execution Time | Microseconds |
🗂️ VPS Hosting | Available for some accounts |
📊 CFDs Total | 300+ |
📈 CFD Stock Indices | ✅Yes |
🍏 CFD Commodities | ✅Yes |
📉 CFD Shares | ✅Yes |
💴 Deposit Options | Bank transfer, credit/debit cards, e-wallets |
💶 Withdrawal Options | Bank transfer, credit/debit cards, e-wallets |
🖱️ Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) OctaTrader |
💻 OS Compatibility | Windows, macOS, iOS, Android |
⚙️ Forex Trading Tools | Technical indicators, charting tools, VPS hosting |
🩷 Customer Support | Multiple Options |
🥰 Live Chat Availability | ✅Yes |
💌 Customer Support Email Address | support@octa.com |
☎️ Customer Support Contact Number | Varies by region |
⭐ Social Media Platforms | Facebook, Twitter, LinkedIn, |
📈 Languages Supported on Website | Multiple Languages |
📉 Forex Course | ✅Yes |
📊 Webinars | ✅Yes |
💹 Educational Resources | Articles, Guides, Video tutorials |
🤝 Affiliate Program | ✅Yes |
👥 IB Program | ✅Yes |
🏆 Sponsor Notable Events or Teams | ✅Yes |
❤️ Rebate Program | ✅Yes |
🚀Open an Account | 👉 Click Here |
Pros and Cons
✅ Pros | ❌ Cons |
Competitive Spreads | Limited Cryptocurrency Options |
Diverse Trading Platforms | Potential for Wider Spreads During High Volatility |
Variety of Account Types | High Leverage Risks |
Forex and CFDs offered | Some account types may incur fees on withdrawals |
Regulated by Multiple Authorities | May offer fewer advanced research tools when Compared |
Frequently Asked Questions
What regulations govern Octa?
Octa is regulated by CySEC, MISA, and FSCA, providing a secure trading environment.
What is the minimum deposit required?
The minimum deposit to start trading with Octa is $25.
Does Octa offer educational resources?
Yes, Octa provides various educational materials, including courses, webinars, and articles.
What trading platforms are available?
Octa supports MetaTrader 4, MetaTrader 5, and its own OctaTrader platform.
Our Verdict
Octa stands out with its robust regulatory framework, low minimum deposit, and diverse trading options. With strong educational support and various account types, it is a solid choice for traders at all levels looking for reliable trading experience.
10. FP Markets
FP Markets, founded in 2005, is a well-established forex broker regulated by ASIC, CySEC, and other authorities, offering very high security and a wide range of account types. With a minimum deposit of 100 AUD, traders can access over 1,000 CFDs across various asset classes.
The broker provides features like negative balance protection, multiple trading platforms, and a highly responsive customer support team available 24/7.
🔎 Broker | 🥇 FP Markets |
📌 Year Founded | 2005 |
👤 Amount of Staff | 200+ |
👥 Amount of Active Traders | 10,000+ |
📍 Publicly Traded | None |
⭐ Regulation and Security | Very High |
🛡️ Regulation | ASIC, CySEC, FSCA, FSA, FSC, CMA |
🌎 Country of Regulation | Australia, Cyprus, South Africa, Kenya |
🔖 Account Segregation | ✅Yes |
🏷️ Negative balance protection | ✅Yes |
↪️ Investor Protection Schemes | ✅Yes |
📈 Account Types and Features | Multiple |
📉 Accounts Types | Standard, Raw, VIP |
📊 Institutional Accounts | ✅Yes |
💹 Managed Accounts | ✅Yes |
🪙 Minor account currencies | USD, EUR, GBP, AUD, JPY, etc. |
💰 Minimum Deposit | 100 AUD or equivalent |
⏰ Avg. Deposit Processing Time | Within 1 business day |
⏱️ Avg. Withdrawal Processing Time | Within 1-3 business days |
💴 Fund Withdrawal Fee | None |
💶 Spreads From | 0.0 pips |
💵 Commissions | Commission-free on some accounts |
💷 Base Currencies | 10+ |
💳 Swap Fees | Yes (varies by account type and asset) |
⏸️ Leverage | Up to 1:500 |
⏯️ Margin Requirements | Varies by asset and leverage level |
☪️ Islamic account | ✅Yes |
🆓 Demo Account | ✅Yes |
⌛ Order Execution Time | Instant to milliseconds |
⌨️ VPS Hosting | ✅Yes |
📈 CFDs Total | Over 1,000 CFDs across various asset classes |
📉 CFD Stock Indices | Major global indices including S&P 500, NASDAQ, FTSE 100, DAX, and more |
🍏 CFD Commodities | Includes commodities such as Gold, Silver, Oil, Natural Gas, and more |
💹 CFD Shares | A wide range of global stocks from major markets including US, UK, EU, and Asia |
🏧 Deposits and Withdrawals | Multiple Trusted Options |
💴 Deposit Options | Credit/Debit Cards, Bank Transfers, PayPal, Skrill, Neteller, e-wallets |
💶 Withdrawal Options | Bank Transfers, Credit/Debit Cards, PayPal, Skrill, Neteller, e-wallets |
🖥️ Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS TradingView cTrader |
💻 OS Compatibility | Windows, Mac Android, iOS |
🖱️ Forex trading tools | ✅Yes |
💖 Customer Support | Highly Responsive |
🥰 Live chat | 24/7 |
💌 Support Email | supportsc@fpmarkets.com |
☎️ Support Contact | +44 20 3831 3622 |
🐦 Social Media Platforms | Facebook, Twitter, |
🗯️ Languages supported | English, Chinese, Arabic, etc. |
🎓 Forex course | ✅Yes |
✏️ Webinars | ✅Yes |
📔 Educational Resources | ✅Yes |
🤝 Affiliate program | ✅Yes |
🫶 Amount of partners | Over 100,000 affiliates |
🫰🏻 IB Program | ✅Yes |
🏆 Sponsorships | ✅Yes |
💴 Rebate program | ✅Yes |
🚩 Accepts all Regions | Excluding USA, Japan and New Zealand |
🅰️ Cent Accounts | None |
🅱️ Micro Accounts | ✅Yes |
😊 Suited to Beginners | ✅Yes |
😎 Suited to Professionals | ✅Yes |
⚙️ Suited to Active Traders | ✅Yes |
📝 Suited to Scalpers | ✅Yes |
🌞 Suited to Day Traders | ✅Yes |
🚀Open an Account | 👉 Open Account |
Pros and Cons
✅ Pros | ❌ Cons |
FP Markets is regulated in several regions | There are limited instruments offered |
MetaTrader, cTrader, and IRESS are available | research tools are not extensive |
Tight Spreads | Withdrawal fees apply |
There are low forex fees | No sign-up or no-deposit bonus |
Frequently Asked Questions
What regulations do FP Markets comply with?
FP Markets is regulated by ASIC, CySEC, FSCA, and more, ensuring a secure trading environment.
What is the minimum deposit requirement?
The minimum deposit to start trading with FP Markets is 100 AUD or equivalent.
Does FP Markets offer educational resources?
Yes, FP Markets provides forex courses, webinars, and other educational materials.
What trading platforms are available?
FP Markets supports MetaTrader 4, MetaTrader 5, IRESS, TradingView, and cTrader.
Our Verdict
FP Markets excels in providing a secure and versatile trading experience with its extensive range of account types, high-leverage options, and comprehensive educational resources. With solid regulatory backing and responsive support, it is a suitable choice for both beginner and experienced traders.
What is a Regulated Forex Broker?
A regulated forex broker is a financial institution that is authorized and supervised by a relevant regulatory body to conduct forex trading activities. These brokers must adhere to strict rules and regulations designed to protect traders and ensure fair market practices.
Regulated forex brokers are licensed by authorities like the CFTC, FCA, or ASIC. They must provide transparent information, protect client funds through segregated accounts, comply with AML and KYC regulations, and adhere to fair trading practices under oversight.
Trading with a regulated broker can offer additional peace of mind for traders, as it provides a level of security and accountability in the forex market.
In Conclusion
Regulated forex brokers offer a safer trading environment through licensing, transparency, client protection, compliance with regulations, and fair practices, ultimately enhancing trader confidence.
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Frequently Asked Questions
What is a regulated forex broker?
A regulated forex broker is authorized by financial authorities to operate in the forex market, ensuring compliance with strict standards.
Why should I choose a regulated broker?
Regulated brokers provide enhanced security, transparency, and protection for your funds.
How can I verify a broker’s regulation?
You can check the broker’s registration on the website of the regulatory authority in their jurisdiction.
What happens if a regulated broker goes bankrupt?
Many regulated brokers have compensation schemes to protect clients’ funds in case of insolvency.
Are all forex brokers regulated?
No, some brokers operate unregulated, which can pose higher risks for traders.
What regulatory bodies oversee forex brokers?
Major bodies include the CFTC, FCA, ASIC, and CySEC, among others.
Do regulated brokers have to disclose fees?
Yes, they are required to provide clear information about their fees and trading conditions.
Can I trust a regulated broker?
While regulation increases trust, it’s still important to research and read reviews before trading.
What are the consequences for brokers who violate regulations?
They can face fines, loss of license, and other penalties from regulatory authorities.
Is trading with a regulated broker more expensive?
Not necessarily; while fees may vary, the added security often justifies any differences.