📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses

Promotions

Trade Gold with 1:2000 Leverage – Trade Now

Best Brokers

10 Best ZuluTrade Forex Brokers

 

Best ZuluTrade Forex Brokers

 

The 10 Best ZuluTrade Forex Brokers – Rated and Reviewed. We have listed the best Forex Brokers that offer ZuluTrade in 2025*.

 

In this in-depth write-up you will learn:

 

  • A List of the 10 Best ZuluTrade Forex Brokers
  • Pros and Cons of Forex Trading
  • What is a ZuluTrade Forex Broker?

 

and much, much more!

 

🔍Forex Broker🎁Sign Up Here💵Minimum Deposit📊Trading Platforms
🥇HFM👉 Click Here$0 USDMT4
MT5
HFM Trading App
ZuluTrade
🥈Blackbull Markets👉 Click Here$0 USDTradingView
MT4
MT5
cTrader
ZuluTrade
🥉FXCM👉 Click Here$50 USDTrading Station
NT4
NinjaTrader
ZuluTrade
🏅ThinkMarkets👉 Click Here$0 USDThinkTrader
MT4
MT5
ZuluTrade
🏆FxGrow👉 Click Here$100 USDMT5
ZuluTrade
🎖️AvaTrade👉 Click Here$100 USDAvaTrade WebTrader
AvaOptions
MT4
MT5
AvaSocial
DupliTrade
ZuluTrade
🥇Vantage Fx👉 Click Here$200 USDMT4
MT5
ZuluTrade
🥈FBS👉 Click Here$5 USDMT4
MT5
ZuluTrade
🥉FxOpen👉 Click Here$1 USDMT4
MT5
ZuluTrade
🏆AAAFx👉 Click Here$100 USDMT4
MT5
ZuluTrade

 

🏆 10 Best Rated Forex Brokers

Broker

Rating

Regulators

Platforms

Min Deposit

Max Leverage

Crypto

Official Site

🥇

4.7/5

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

MT4, MT5, Avatrade Social

USD 100

400:1

Yes

🥈

4.5/5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

MT4, MT5

USD 10

2000:1

Yes

🥉

4.8/5

FSA, CySEC, FSCA, FSC

MT4, MT5

USD 1

3000:1

Yes

4

4.6/5

FSC, CMA

MT4, MT5, FXTM Trader

USD 200

2000:1

Yes

5

4.9/5

CySEC, FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine

MT4, MT5, HFM App, HFM Copy Trading

USD 0

2000:1

Yes

6

4.6/5

CySEC, MISA, FSCA

MT4, MT5, OctaTrader

USD 25

1:1000

Yes

7

4.9/5

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

MT4, MT5, cTrader, Tradingview, Pepperstone Platform

USD 10

400:1

Yes

8

4.5/5

ASIC, CySEC, FSA, SCB

MT4, MT5, WebTrader

USD 200

1:1000

Yes

9

4.7/5

ASIC, FCA, CySEC, SCB

MT4, MT5, TradingView

USD 100

1:500

Yes

10

4.9/5

ASIC, CySEC, FSCA, FSA

MT4, MT5

USD 100

500:1

Yes

🏆 10 Best Rated Forex Brokers

Broker

Min Deposit

Max Leverage

Official Site

🥇

USD 100

400:1

🥈

USD 10

2000:1

🥉

USD 1

3000:1

4

USD 200

2000:1

5

USD 0

2000:1

6

USD 25

1000:1

7

USD 10

400:1

8

USD 200

1:1000

9

USD 100

1:500

9

USD 200

1:500

10

USD 100

500:1

🏆 10 Best Rated Forex Brokers

Broker

Rating

Regulators

Platforms

Min Deposit

Max Leverage

Crypto

Official Site

🥇

4.7/5

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

MT4, MT5, Avatrade Social

USD 100

400:1

Yes

🥈

4.5/5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

MT4, MT5

USD 10

2000:1

Yes

🥉

4.8/5

FSA, CySEC, FSCA, FSC

MT4, MT5

USD 1

3000:1

Yes

4

4.9/5

FSCA, FSC, ASIC, CySEC, DFSA

MT4, MT5

USD 5

1000:1

Yes

5

4.9/5

CySEC, FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine

MT4, MT5, HFM App, HFM Copy Trading

USD 0

2000:1

Yes

6

4.6/5

CySEC, MISA, FSCA

MT4, MT5, OctaTrader

USD 25

1:1000

Yes

7

4.9/5

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

MT4, MT5, cTrader, Tradingview, Pepperstone Platform

USD 10

400:1

Yes

8

4.5/5

ASIC, CySEC, FSA, SCB

MT4, MT5, WebTrader

USD 200

1:1000

Yes

9

4.9/5

ASIC, CySEC

MT4

USD 100

1:500

Yes

10

4.9/5

ASIC, CySEC, FSCA, FSA

MT4, MT5

USD 100

500:1

Yes

🏆 10 Best Rated Forex Brokers

Broker

Min Deposit

Max Leverage

Official Site

🥇

USD 100

400:1

🥈

USD 10

2000:1

🥉

USD 1

3000:1

4

USD 5

1000:1

5

USD 0

2000:1

6

USD 25

1000:1

7

USD 10

400:1

8

USD 200

1:1000

9

USD 100

1:500

10

USD 100

500:1

🏆 10 Best Rated Forex Brokers

Broker

Rating

Regulators

Platforms

Min Deposit

Max Leverage

Crypto

Official Site

🥇

4.7/5

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

MT4, MT5, Avatrade Social

USD 100

400:1

Yes

🥈

4.5/5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

MT4, MT5

USD 10

2000:1

Yes

🥉

4.8/5

FSA, CySEC, FSCA, FSC

MT4, MT5

USD 1

3000:1

Yes

4

4.9/5

FSCA, FSC, ASIC, CySEC, DFSA

MT4, MT5

USD 5

1000:1

Yes

5

4.9/5

CySEC, FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine

MT4, MT5, HFM App, HFM Copy Trading

USD 0

2000:1

Yes

6

4.6/5

CySEC, MISA, FSCA

MT4, MT5, OctaTrader

USD 25

1:1000

Yes

7

4.9/5

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

MT4, MT5, cTrader, Tradingview, Pepperstone Platform

USD 10

400:1

Yes

8

4.5/5

ASIC, CySEC, FSA, SCB

MT4, MT5, WebTrader

USD 200

1:1000

Yes

9

4.7/5

ASIC, FCA, CySEC, SCB

MT4, MT5, TradingView

USD 100

1:500

Yes

10

4.9/5

ASIC, CySEC, FSCA, FSA

MT4, MT5

USD 100

500:1

Yes

🏆 10 Best Rated Forex Brokers

Broker

Min Deposit

Max Leverage

Official Site

🥇

USD 100

400:1

🥈

USD 10

2000:1

🥉

USD 1

3000:1

4

USD 5

1000:1

5

USD 0

2000:1

6

USD 25

1000:1

7

USD 10

400:1

8

USD 200

1:1000

9

USD 100

1:500

9

USD 200

1:500

10

USD 100

500:1

🏆 10 Best Rated Forex Brokers

Broker

Rating

Regulators

Platforms

Min Deposit

Max Leverage

Crypto

Official Site

🥇

4.7/5

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

MT4, MT5, Avatrade Social

USD 100

400:1

Yes

🥈

4.5/5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

MT4, MT5

USD 10

2000:1

Yes

🥉

4.8/5

FSA, CySEC, FSCA, FSC

MT4, MT5

USD 1

3000:1

Yes

4

4.9/5

FSCA, FSC, ASIC, CySEC, DFSA

MT4, MT5

USD 5

1000:1

Yes

5

4.9/5

CySEC, FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine

MT4, MT5, HFM App, HFM Copy Trading

USD 0

2000:1

Yes

6

4.6/5

CySEC, MISA, FSCA

MT4, MT5, OctaTrader

USD 25

1:1000

Yes

7

4.9/5

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

MT4, MT5, cTrader, Tradingview, Pepperstone Platform

USD 10

400:1

Yes

8

4.5/5

ASIC, CySEC, FSA, SCB

MT4, MT5, WebTrader

USD 200

1:1000

Yes

9

4.7/5

ASIC, FCA, CySEC, SCB

MT4, MT5, TradingView

USD 100

1:500

Yes

10

4.9/5

ASIC, CySEC, FSCA, FSA

MT4, MT5

USD 100

500:1

Yes

🏆 10 Best Rated Forex Brokers

Broker

Min Deposit

Max Leverage

Official Site

🥇

USD 100

400:1

🥈

USD 10

2000:1

🥉

USD 1

3000:1

4

USD 5

1000:1

5

USD 0

2000:1

6

USD 25

1000:1

7

USD 10

400:1

8

USD 200

1:1000

9

USD 100

1:500

9

USD 200

1:500

10

USD 100

500:1

🏆 10 Best Rated Forex Brokers

Broker

Rating

Regulators

Platforms

Min Deposit

Max Leverage

Crypto

Official Site

🥇

4.7/5

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

MT4, MT5, Avatrade Social

USD 100

400:1

Yes

🥈

4.5/5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

MT4, MT5

USD 10

2000:1

Yes

🥉

4.8/5

FSA, CySEC, FSCA, FSC

MT4, MT5

USD 1

3000:1

Yes

4

4.9/5

FSCA, FSC, ASIC, CySEC, DFSA

MT4, MT5

USD 5

1000:1

Yes

5

4.9/5

CySEC, FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine

MT4, MT5, HFM App, HFM Copy Trading

USD 0

2000:1

Yes

6

4.6/5

CySEC, MISA, FSCA

MT4, MT5, OctaTrader

USD 25

1:1000

Yes

7

4.9/5

ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB

MT4, MT5, cTrader, Tradingview, Pepperstone Platform

USD 10

400:1

Yes

8

4.5/5

ASIC, CySEC, FSA, SCB

MT4, MT5, WebTrader

USD 200

1:1000

Yes

9

4.9/5

ASIC, CySEC

MT4

USD 100

1:500

Yes

10

4.9/5

ASIC, CySEC, FSCA, FSA

MT4, MT5

USD 100

500:1

Yes

🏆 10 Best Rated Forex Brokers

Broker

Min Deposit

Max Leverage

Official Site

🥇

USD 100

400:1

🥈

USD 10

2000:1

🥉

USD 1

3000:1

4

USD 5

1000:1

5

USD 0

2000:1

6

USD 25

1000:1

7

USD 10

400:1

8

USD 200

1:1000

9

USD 100

1:500

10

USD 100

500:1

10 Best ZuluTrade Forex Brokers (2025)

 

  1. ☑️ HFM – Overall, The Best ZuluTrade Forex Broker
  2. ☑️ Blackbull Markets – Multi-Regulated Forex Broker
  3. ☑️ FXCM – Best Trading Platforms
  4. ☑️ ThinkMarkets – Best Mobile Trading Platform
  5. ☑️ FxGrow – Best CFD Forex Broker
  6. ☑️ AvaTrade – Best Forex Broker for Beginners
  7. ☑️ Vantage FX – Best Multi-Asset Forex Broker
  8. ☑️ FBS – Best Partnership Program
  9. ☑️ FXOpen – Best ECN Forex Broker
  10. ☑️ AAAFx – Excellent Customer Service

 

 

HFM Review

 

1. HFM

HFM is a commodity and forex broker that provides online trading services to institutions and retail traders. The best features of HFM include several types of accounts, trading tools, trading platforms, and a variety of spreads. The trading conditions are superior, and the FX broker has a reputation for executing trade orders at super speed.

 

🔍Broker🥇HFM
🔢Year Founded2010
👤Amount of Staff200+
👥Amount of Active Traders2.5 million+
📌Publicly Traded None
📈RegulationFSCA
DFSA
FSA
FCA
FSC
CMA
🌎Country of RegulationUK
South Africa
UAE
Seychelles
🗂️Account Segregation✅Yes
➡️Negative Balance Protection✅Yes
📌Investor Protection Schemes✅Yes
🎉Institutional Accounts✅Yes
👤Managed Accounts✅Yes
(PAMM/MAM
accounts)
💵Minor Account CurrenciesUSD
EUR
GBP
JPY
AUD
ZAR
💶Minimum Deposit0 USD
⏱️Average Deposit/Withdrawal Processing Time1 - 3 business days
💴Fund Withdrawal FeeNone,
but third-party
fees
may apply
✏️Spreads 0.0 pips
💷CommissionsFrom $6 per
lot
(round turn)
🔢Number of Base Currencies Supported12
💵Swap Fees✅Yes
⬆️LeverageUp to 1:1000
📉Margin RequirementsVaries by instrument
☪️Islamic Account (Swap-Free)✅Yes
🆓Demo Account✅Yes
⏰Order Execution Time< 30ms
🖥️VPS Hosting✅Yes
📈CFDs - Total Offered1,200+
📊CFD Stock Indices20+
✏️CFD Commodities20+
👉CFD Shares950+
💳Deposit OptionsBank transfer
Credit/Debit cards
Skrill
Neteller
PayPal
Cryptocurrencies
Local Payment Methods
💴Withdrawal OptionsBank transfer
Credit/Debit cards
Skrill
Neteller
PayPal
Cryptocurrencies
Local Payment Methods
📊Trading PlatformsMetaTrader 4
MetaTrader 5
HF App
🍎OS CompatibilityWindows
macOS
iOS
Android
🔩Forex Trading ToolsAutochartist
Trading Central
VPS
HFcopy
🫴🏻Customer Support✅Yes
🗣️Live Chat Availability✅Yes
💻Customer Support Email Addresssupport@hfm.com
☎️Customer Support Contact Number+44 203 097 5796
📱Social Media PlatformsFacebook
Twitter
Instagram
LinkedIn
YouTube
⚙️Languages Supported on WebsiteMultiple
languages,
including English,
Chinese, Spanish,
Arabic
🎓Education and Research✅Yes
✏️Forex Course✅Yes
🖥️Webinars✅Yes
📖Educational ResourcesArticles
Video Tutorials
eBooks
Market Analysis
🤝Affiliate Program✅Yes
🫶IB Program✅Yes
🎁Sponsorships✅Yes
🎀Rebate Program✅Yes
💰Cent or Micro Accounts✅Yes
🚀Open an Account👉 Click Here

 

Overall Rating

Min Deposit

USD 0 

Regulators

FSCA, DFSA, FCA, CMA, FSA

Trading Platform

MT4, MT5, HFM APP

Crypto

Yes

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Pros and Cons

✅Pros❌Cons
No deposit or
withdrawal fees
High commission
charges on
the Zero account

 

Frequently Asked Questions

 

What is HFM?

HFM is a global forex and commodities broker that offers trading services in forex, commodities, indices, and cryptocurrencies.

 

Does HFM offer a demo account?

Yes, HFM offers a demo account that allows traders to practice trading with virtual funds before committing real money.

 

Does HFM provide leverage?

Yes, HFM offers leverage up to 1:1000, depending on the account type and regulatory jurisdiction.

 

Are there any withdrawal fees with HFM?

HFM generally does not charge withdrawal fees, but third-party payment providers might impose their own fees.

 

Overall Rating

Min Deposit

USD 0 

Regulators

FSCA, DFSA, FCA, CMA, FSA

Trading Platform

MT4, MT5, HFM APP

Crypto

Yes

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Our Verdict

HFM ensures a secure trading environment. It offers various account types with competitive features, including high leverage and a user-friendly trading platform.

 

BlackBull Markets

 

2. Blackbull Markets

Blackbull Markets is an NDD online trading broker that was established in 2014 and provides traders from around the world with some of the best trading conditions in the industry.

Traders can trade various financial instruments through powerful trading platforms with the benefit that the Blackbull Market offers access to competitive trading conditions consisting of tight spreads from 0.1 pips and low commissions from $6.

 

🔎 Brokers Name🥇 BlackBull Markets
🔢Year Founded2014
👤Amount of Staff50+
👥Amount of Active Traders20,000+
📌Publicly TradedNone
📉RegulationFCA,
CySEC,
DFSA,
FSA,
FCA,
CMA
🌎Country of RegulationNew Zealand,
Seychelles
🗂️Account Segregation✅Yes
🌟Negative Balance Protection✅Yes
💙Investor Protection SchemesNone
➡️Institutional Accounts✅Yes
🫴🏻Managed Accounts✅Yes
💴Minor Account CurrenciesYes
NZD,
USD,
EUR,
GBP,
AUD,
SGD,
JPY,
CAD,
CHF
💵Minimum Deposit$0
⏰Average Deposit/Withdrawal Processing Time24-48 hours
💳Fund Withdrawal FeeNone
✏️Spreads From0.0 pips
💷Commissions✅Yes (from
$3 per lot
per side)
9️⃣Number of Base Currencies Supported9
💸Swap Fees✅Yes
⬆️LeverageUp to 1:500
📈Margin RequirementsVaries based
on account
and
instrument
☪️Islamic Account✅Yes
🆓Demo Account✅Yes
⏱️Order Execution TimeLess than 1 second
💻VPS Hosting✅Yes (free
for eligible
clients)
🫴🏻CFDs-Total Offered300+
📉CFD Stock Indices16+
📈CFD Commodities15+
📊CFD Shares180+
💶Deposit OptionsBank transfer,
Credit/Debit Card,
E-wallets
(Skrill,
Neteller),
Cryptocurrencies
💳Withdrawal OptionsBank transfer,
Credit/Debit Card,
E-wallets,
Cryptocurrencies
📊Trading PlatformsMT4, MT5,
BlackBull Trade
🍎OS CompatibilityWindows,
MacOS,
iOS,
Android
🪛Forex Trading ToolsAutochartist,
VPS,
Trading Central
🗣️Live Chat Availability✅Yes
☎️Customer Support Contact Number+64 9 558 5142
💻Customer Support Email Addresssupport@blackbullmarkets.com
📱Social Media PlatformsFacebook,
Twitter,
LinkedIn,
YouTube
⚙️Languages SupportedEnglish,
Spanish,
Chinese
✏️Forex Course✅Yes
💻Webinars✅Yes
🎓Educational ResourcesVideos,
articles,
eBooks,
tutorials
🤝Affiliate Program✅Yes
👥Amount of Partners500+
🫰🏻IB Program✅Yes
🎁SponsorshipsVarious sports
teams and
events
💰 Rebate Program✅Yes
🚀Open an Account👉 Open Account

 

Overall Rating

Min Deposit

USD 0

Regulators

FMA, FSA

Trading Platform

MT4, MT5, cTrader, TradingView

Crypto

Yes

Total Pairs

60+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Pros and Cons

✅ Pros❌ Cons
Strictly regulated by FMA, FSAUS Clients not allowed
The commission-free trading account offeredFixed spreads not offered
Access to prime liquidity providersLimited trading tools available
Social trading through a partnership with ZuluTradeCryptocurrency not offered for trade

 

Frequently Asked Questions

 

Does BlackBull Markets offer a demo account?

Yes, BlackBull Markets provides a free demo account that allows traders to practice with virtual funds.

 

What types of accounts does BlackBull Markets offer?

BlackBull Markets offers three types of accounts: ECN Standard, ECN Prime, and ECN Institutional

 

What are the spreads like at BlackBull Markets?

BlackBull Markets offers competitive spreads, starting from 0.0 pips, depending on the account type.

 

What leverage does BlackBull Markets offer?

BlackBull Markets offers leverage of up to 1:500, depending on the account type and jurisdiction.

 

Overall Rating

Min Deposit

USD 0

Regulators

FMA, FSA

Trading Platform

MT4, MT5, cTrader, TradingView

Crypto

Yes

Total Pairs

60+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Our Verdict

With competitive spreads, high-leverage options, a variety of account types including Islamic accounts, and access to leading trading platforms like MetaTrader 4 and 5, it provides a flexible trading environment.

 

FXCM Review

 

3. FXCM

FXCM offers a variety of powerful and flexible trading platforms through which a range of Forex and CFD financial instruments can be traded in addition to offering EU clients spread betting.

 

🔍Broke🥇FXCM
🔢Year Founded1999
👤Amount of StaffOver 600
👥Amount of Active TradersOver 130,000
worldwide
📌Publicly Traded None
📉RegulationFCA,
ASIC,
FSCA,
CySEC
🌎Country of RegulationUnited Kingdom,
Australia,
South Africa,
among
others
🗂️Account Segregation✅Yes
🌟Negative Balance Protection✅Yes (only for
retail clients
under FCA
and ASIC
regulation)
💙Investor Protection SchemesFSCS (UK)
➡️Institutional Accounts✅Yes
🫴🏻Managed Accounts✅Yes (through
FXCM Prime)
💴Minor Account CurrenciesEUR,
GBP,
AUD,
JPY,
CAD,
CHF
💵Minimum Deposit$50 for
most account
types
⏰Average Deposit/Withdrawal Time1-3 business days
💳Fund Withdrawal FeeVaries by method
✏️Spreads From1.3 pips (EUR/USD)
💷Commissions✅Yes,
depending on
the account
type
5️⃣Number of Base Currencies Supported5
💸Swap Fees✅Yes
⬆️LeverageUp to 1:400
(depending on
the region)
📈Margin RequirementsVaries by asset
class and
region
☪️Islamic Account (Swap-Free)✅Yes
🆓Demo Account✅Yes
⏱️Order Execution TimeLess than 1 second
🖥️VPS Hosting✅Yes, for
eligible clients
👉CFDs - Total OfferedOver 300
📈CFD Stock Indices✅Yes
📉CFD Commodities✅Yes
📊CFD Shares✅Yes
💶Deposit OptionsCredit/Debit cards,
Bank Transfer,
Skrill,
Neteller,
UnionPay, etc.
💳Withdrawal OptionsBank Transfer,
Credit/Debit cards,
Skrill,
Neteller, etc.
📊Trading PlatformsTrading Station,
MetaTrader 4 (MT4),
NinjaTrader,
ZuluTrade
🍎OS CompatibilityWindows,
Mac,
iOS,
Android
🪛Forex Trading ToolsTrading signals,
market analysis,
research tools,
automated
trading options
🫴🏻Customer Support✅Yes
🗣️Live Chat Availability✅Yes
💻Customer Support Email Addressinfo@fxcm.com
☎️Customer Support Contact NumberVaries by region
📱Social Media PlatformsFacebook,
Twitter,
LinkedIn,
YouTube
⚙️Languages Supported on WebsiteEnglish,
French,
German,
Italian,
Chinese,
Japanese,
Arabic,
Spanish,
and more
🎓Education ans Research✅Yes
✏️Forex Course✅Yes
💻Webinars✅Yes
📖Educational ResourcesArticles,
videos,
tutorials,
webinars,
trading guides
🤝Affiliate Program✅Yes
👥Amount of PartnersNot specified
🫰🏻IB Program✅Yes
🎁SponsorshipsNo notable
sponsorships
currently
🎀Rebate Program✅Yes
💰Cent or Micro Accounts✅Yes
🚀Open an Account👉 Click Here

 

Overall Rating

Min Deposit

USD 50

Regulators

FCA, ASIC, FSCA, CySEC

Trading Platform

MT4

Crypto

Yes

Total Pairs

42

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Pros and Cons

✅Pros❌Cons
A wide selection of advanced trading platformsLimited range of asset classes

 

Frequently Asked Questions

 

Does FXCM provide a demo account?

Yes, FXCM offers a demo account for traders to practice with virtual funds before trading with real money.

 

What leverage does FXCM offer?

FXCM offers leverage up to 1:400, depending on the account type and regulatory jurisdiction.

 

Is FXCM regulated?

Yes, FXCM is regulated by several authorities, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC).

 

Does FXCM offer VPS hosting?

Yes, FXCM offers VPS (Virtual Private Server) hosting services for traders who use automated trading strategies.

 

Overall Rating

Min Deposit

USD 50

Regulators

FCA, ASIC, FSCA, CySEC

Trading Platform

MT4

Crypto

Yes

Total Pairs

42

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Our Verdict

The broker is suitable for both beginner and advanced traders, offering educational resources, demo accounts, and automated trading support. FXCM is a versatile broker with a solid reputation in the forex industry.

 

ThinkMarkets Review

 

4. ThinkMarkets

As a leading online trading broker, ThinkMarkets serves traders in more than 180 countries around the world by facilitating the trade of numerous financial instruments and providing traders with competitive trading conditions that suit their trading needs and objectives.

 

🔍Broker🥇ThinkMarkets
🔢Year Founded2010
👤Amount of staff150+
👥Amount of active traders550,000+
📌Publicly Traded None
📉RegulationFCA (UK),
ASIC (Australia),
FSCA (South Africa),
FSA (Seychelles)
🌎Country of regulationUK,
Australia,
South Africa,
Seychelles
🗂️Account Segregation✅Yes
🌟Negative balance protection✅Yes
💙Investor Protection Schemes✅Yes (up to
£85,000 via
FSCS in
the UK)
➡️Institutional Accounts✅Yes
🫴🏻Managed AccountsNone
💴Minor account currencies✅Yes
💵Minimum Deposit$0 for
Standard
Account,
$500 for
ThinkZero
⏰Average deposit/withdrawal processing time1-3 business
days
💳Fund Withdrawal FeeNone
✏️Spreads from0.0 pips on
ThinkZero
account
💷Commissions$3 per lot on
ThinkZero
account
9️⃣Number of base currencies supported9
💸Swap Fees✅Yes
⬆️LeverageUp to 1:500
(depending on
jurisdiction
and account
type)
📈Margin requirements0.5%
(depending on
asset and
jurisdiction)
☪️Islamic account (swap-free)✅Yes
🆓Demo Account✅Yes
⏱️Order Execution Time0.1 seconds
🖥️VPS Hosting✅Yes
🫴🏻CFDs-Total Offered4,000+
📈CFD Stock Indices✅Yes
📉CFD Commodities✅Yes
📊CFD Shares✅Yes
💶Deposit OptionsBank Transfer,
Credit/Debit Cards,
Skrill,
Neteller, etc.
💳Withdrawal OptionsBank Transfer,
Credit/Debit Cards,
Skrill,
Neteller, etc.
📊Trading PlatformsMetaTrader 4 (MT4),
MetaTrader 5 (MT5),
ThinkTrader
🍎OS CompatibilityWindows,
macOS,
Android,
iOS
🪛Forex trading toolsEconomic Calendar,
AutoChartist,
Trading Signals,
VPS
🫴🏻Customer Support✅Yes
🗣️Live chat availability✅Yes
💻Customer Support Email addresssupport@thinkmarkets.com
☎️Customer Support Contact NumberVaries by
region
(e.g.,
+44 203 514 2374
for UK)
📱Social media PlatformsFacebook,
Twitter,
LinkedIn
⚙️Languages supported on ThinkMarkets WebsiteEnglish,
Arabic,
Chinese,
Spanish,
more
🎓Education and Research✅Yes
✏️Forex course✅Yes
💻Webinars✅Yes
📖Educational Resources✅Yes (videos,
articles,
webinars,
trading guides)
🤝Affiliate program✅Yes
👥Amount of partnersNot specified
🫰🏻IB Program✅Yes
🎁Sponsorships✅Yes (sponsorship
with QPR
Football Club
in 2017)
🎀Rebate program✅Yes
💰Cent or Micro AccountsNone
🚀Open an Account👉 Click Here

 

Overall Rating

Min Deposit

USD 0

Regulators

ASIC, FCA, FSCA, FSA-Seychelles, CySEC, JFSA 

Trading Platform

MT4, MT5, ThinkTrader

Crypto

Yes

 

Total Pairs

49

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Derivative products are leveraged products and can result in losses that exceed initial deposits.

 

Pros and Cons

✅Pros❌Cons
Strict regulationUS Clients not allowed
Servers based in Equinix data centersRestricted leverage of 1:30 for EU clients
Commission-free accounts offeredFixed spreads not offered

 

Frequently Asked Questions

 

Does ThinkMarkets have an affiliate program?

Yes, ThinkMarkets has an affiliate program that allows partners to earn commissions by referring new clients.

 

What customer support options are available?

ThinkMarkets offers customer support via live chat, email, and phone, with multilingual support available.

 

Does ThinkMarkets charge withdrawal fees?

ThinkMarkets does not charge fees on most withdrawal methods, but some payment providers may impose fees.

 

Is ThinkMarkets suitable for beginners?

Yes, ThinkMarkets offers user-friendly platforms, educational tools, and demo accounts, making it suitable for beginners.

 

Overall Rating

Min Deposit

USD 0

Regulators

ASIC, FCA, FSCA, FSA-Seychelles, CySEC, JFSA 

Trading Platform

MT4, MT5, ThinkTrader

Crypto

Yes

 

Total Pairs

49

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

Derivative products are leveraged products and can result in losses that exceed initial deposits.

 

Our Verdict

ThinkMarkets is a well-regulated broker offering a wide range of trading instruments, including Forex, CFDs, and cryptocurrencies. With competitive spreads, high-leverage options, and platforms like MetaTrader 4, MetaTrader 5, and ThinkTrader, it caters to traders of all experience levels.

 

FxGrow Review

 

5. FxGrow

FxGrow is a Cyprus-based STP online trading broker that was established in 2008 and has strict and demanding authorization and regulation with CySEC. Since its inception, FxGrow has grown exponentially and is currently serving both retail and institutional clients.

FxGrow allows traders to trade in global markets by offering a variety of financial instruments such as Forex, indices, commodities, metals, energies, and more via the MetaTrader 4 and MetaTrader 5 platforms.

 

🔍Broker🥇FxGrow
🔢Year Founded2008
👤Amount of staffNot publicly disclosed
👥Amount of active tradersNot publicly disclosed
📌Publicly Traded None
📈RegulationCySEC (Cyprus
Securities
and
Exchange
Commission)
🌎Country of regulationCyprus
🗂️Account Segregation✅Yes
🌟Negative balance protection✅Yes
💙Investor Protection Schemes✅Yes, under
CySEC's
Investor
Compensation
Fund (ICF)
➡️Institutional AccountsNone
🫴🏻Managed AccountsNone
💴Minor account currenciesUSD,
EUR,
GBP
💵Minimum Deposit$100
⏰Average deposit/withdrawal processing time24 hours for
deposits,
1-3 days
for withdrawals
💳Fund Withdrawal FeeVaries based
on withdrawal
method
✏️Spreads from0.5 pips on
ECN accounts
💷Commissions✅Yes, on
ECN accounts
3️⃣Number of base currencies supported3 (USD,
EUR, GBP)
💸Swap Fees✅Yes
⬆️LeverageUp to 1:500
📉Margin requirementsVaries by asset
☪️Islamic account (swap-free)✅Yes
🆓Demo Account✅Yes
⏱️Order Execution TimeAverage 0.3 seconds
🖥️VPS Hosting✅Yes, for
high-volume
traders
🫴🏻CFDs-Total Offered50+
📈CFD Stock Indices✅Yes
📉CFD Commodities✅Yes
📊CFD Shares✅Yes
💶Deposit OptionsBank Transfer,
Credit/Debit Cards,
E-Wallets
(Skrill, Neteller)
💳Withdrawal OptionsBank Transfer,
Credit/Debit Cards,
E-Wallets
(Skrill, Neteller)
📊Trading PlatformsMetaTrader 4 (MT4),
MetaTrader 5 (MT5)
🍎OS CompatibilityWindows,
macOS,
Android,
iOS
🪛Forex trading tools✅Yes, including
analysis tools,
indicators,
and EA
compatibility
🫴🏻Customer Support✅Yes
🗣️Live chat availability✅Yes
💻Customer Support Email addresssupport@fxgrow.com
☎️Customer Support Contact Number+357 25 211 707
📱Social media PlatformsFacebook,
Twitter,
LinkedIn,
YouTube
⚙️Languages supported on websiteEnglish,
Arabic,
French,
Greek
🎓Education and Research✅Yes
✏️Forex course✅Yes
💻Webinars✅Yes
📖Educational Resources✅Yes, including
trading
tutorials and
market analysis
🤝Affiliate program✅Yes
👥Amount of partnersNot disclosed
🫰🏻IB Program✅Yes
🎁SponsorshipsNone
🎀Rebate program✅Yes
💰Cent or Micro AccountsNone
🚀Open an Account👉 Click Here

 

Overall Rating

Min Deposit

USD 100 

Regulators

CySEC

Trading Platform

MT4, MT5, WebTrader

Crypto

Yes

Total Pairs

61+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Pros and Cons

✅Pros❌Cons
Strictly regulatedUS Clients not allowed
MetaTrader offeredNot the lowest commission charges
Multiple financial instruments which can be tradedFixed spreads not offered
Various account funding optionsCapped leverage

 

Frequently Asked Questions

 

Does FXGrow provide negative balance protection?

Yes, FXGrow provides negative balance protection to ensure that traders do not lose more than their deposited amount.

 

Are there any withdrawal fees at FXGrow?

FXGrow does not charge withdrawal fees, but third-party payment processors may impose their own fees.

 

What leverage does FXGrow offer?

FXGrow offers leverage of up to 1:500, depending on the account type and regulations.

 

Does FXGrow offer a demo account?

Yes, FXGrow offers a demo account for traders to practice trading without risking real money.

 

Overall Rating

Min Deposit

USD 100 

Regulators

CySEC

Trading Platform

MT4, MT5, WebTrader

Crypto

Yes

Total Pairs

61+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Our Verdict

FXGrow is a versatile online forex and CFD trading broker that provides various trading platforms, including MT4 and MT5, catering to both novice and experienced traders. While it offers competitive leverage and a range of account types, it operates without significant regulation from major financial authorities, which may raise concerns for some traders.

 

AvaTrade Review

 

6. AvaTrade

AvaTrade is a reputable, multi-regulated, and award-winning online trading broker facilitating the trade in more than 250 financial instruments spread across a variety of asset classes including commodities, options, Forex, cryptocurrencies, and more.

Traders are offered some of the best and most competitive trading conditions in the industry and through the provision of a single live trading account for either retail or professionals, all trading needs and objectives are adequately catered for.

 

🔍Broker🥇AvaTrade
🔢Year Founded2006
👤Amount of staff200+
👥Amount of active tradersOver 300,000
📌Publicly Traded None
📈RegulationCentral Bank of Ireland (CBI)
Australian Securities
and
Investments
Commission (ASIC)
Financial
Sector
Conduct Authority
(FSCA)
Financial
Services Agency
(FSA) Japan
Abu Dhabi
Global Markets (ADGM)
Financial Services
Regulatory
Authority (FSRA),
and more.
🌎Country of regulationIreland
Australia
Japan
UAE
South Africa
British Virgin Islands
🗂️Account Segregation✅Yes
🌟Negative balance protection✅Yes
💙Investor Protection SchemesCompensation scheme
for eligible
clients under
certain
jurisdictions
➡️Institutional Accounts✅Yes
🫴🏻Managed AccountsNone
💴Minor account currenciesUSD
EUR
GBP
AUD
JPY
CHF
ZAR, and more
💵Minimum Deposit$100
⏰Average deposit/withdrawal processing timeDeposits: Instant
Withdrawals: 1-3
business days
💳Fund Withdrawal FeeNo fees on
most payment
methods,
but some
charges may
apply depending
on the
method used
✏️Spreads from0.9 pips (EUR/USD)
💷CommissionsNo commissions
on most
trades; spreads
apply
🔟Number of base currencies supported10+
💶Swap Fees✅Yes
Swap-free
accounts available
for
Islamic traders
⬆️LeverageUp to 1:400
depending on
jurisdiction
📉Margin requirementsVaries based
on asset and
leverage used
☪️Islamic account (swap-free)✅Yes
🆓Demo Account✅Yes
⏱️Order Execution TimeFast execution
generally
less than 1 second
🖥️VPS Hosting✅Yes
for qualifying
accounts
👉CFDs-Total Offered1000+
📈CFD Stock Indices30+
📉CFD Commodities20+
📊CFD Shares600+
💵Deposit OptionsCredit/Debit Card
Bank Transfer
PayPal
Skrill
Neteller
WebMoney, and more
💳Withdrawal OptionsCredit/Debit Card
Bank Transfer
PayPal
Skrill
Neteller
WebMoney, and more
📊Trading PlatformsMetaTrader 4 (MT4)
MetaTrader 5 (MT5)
AvaTradeGO
WebTrader
AvaOptions
🍎OS CompatibilityWindows
MacOS
iOS
Android
🔩Forex trading toolsAutochartist
Trading Central
Economic Calendar
AvaProtect, and more
🫴🏻Customer Support✅Yes
🗣️Live chat availability✅Yes
💻Customer Support Email addresssupport@avatrade.com
☎️Customer Support Contact NumberVaries by region
accessible through
the website
📱Social media PlatformsFacebook
Twitter
LinkedIn
YouTube
⚙️Languages supported on FBS WebsiteMultiple languages including
English
Spanish
French
Italian
Arabic, and more
🎓Education and Research✅Yes
✏️Forex course✅Yes (AvaAcademy)
💻Webinars✅Yes
📖Educational ResourceseBooks
Videos
Tutorials
Blog
Market Analysis
🤝Affiliate program✅Yes
👥Amount of partnersThousands globally
🫰🏻IB Program✅Yes
🎁Sponsorships✅Yes
Various sponsorships
including the
Manchester City
Football Club)
🎀Rebate program✅Yes
💰Cent or Micro AccountsNone
Offers Standard
and Professional
Accounts
🚀Open an Account👉 Click Here

 

Overall Rating

Min Deposit

USD 100 

Regulators

ASIC, FSA, CBI,  BVI, FSCA, FRSA, ISA

Trading Platform

MT4, MT5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

Total Pairs

55+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Pros and Cons

✅Pros❌Cons
A broad range of tradable instrumentsHigh EURUSD and inactivity fees

 

Frequently Asked Questions

 

What trading platforms does AvaTrade offer?

AvaTrade offers several trading platforms, including AvaTradeGO, MetaTrader 4 (MT4), MetaTrader 5 (MT5), and their proprietary web trading platform.

 

What is the minimum deposit required to open an account with AvaTrade?

The minimum deposit for a standard account with AvaTrade is typically $100, but this may vary based on the account type and region.

 

Does AvaTrade offer a demo account?

Yes, AvaTrade provides a free demo account that allows traders to practice trading with virtual funds before committing real money.

 

What leverage does AvaTrade offer?

AvaTrade offers leverage up to 1:400, depending on the asset class and the regulatory jurisdiction.

 

Overall Rating

Min Deposit

USD 100 

Regulators

ASIC, FSA, CBI,  BVI, FSCA, FRSA, ISA

Trading Platform

MT4, MT5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

Total Pairs

55+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Our Verdict

AvaTrade is a well-regulated online broker that caters to a wide range of traders, from beginners to more experienced investors. With its diverse range of trading platforms, competitive leverage options, and a variety of instruments including forex, cryptocurrencies, and CFDs, AvaTrade provides a user-friendly environment for trading.

 

VANTAGE FX Review

 

7. Vantage FX

Vantage FX is a well-regulated and reputable ECN and STP broker which is based in the Cayman Islands, Australia, and the UK with respective authorization and regulation in each jurisdiction as well as Vantage International Group which is regulated by CIMA and SIBL.

Vantage FX provides traders with some of the best trading conditions, award-winning customer service, and a range of trading products, tools, educational resources, and reliable trading account funding options.

 

🔍Broker🥇Vantage FX
🔢Year Founded2009
👤Amount of Staff200+
👥Amount of Active Traders500,000+
📌Publicly Traded None
📈RegulationASIC (Australia),
FCA (UK),
CIMA (Cayman Islands)
🌎Country of RegulationAustralia,
United Kingdom,
Cayman Islands
🚩Account Segregation✅Yes
➡️Negative Balance Protection✅Yes
💙Investor Protection Schemes✅Yes (FCA regulated clients)
👉Institutional Accounts✅Yes
💡Managed Accounts✅Yes (MAM/PAMM accounts available)
💴Minor Account CurrenciesUSD,
EUR,
GBP,
AUD,
SGD
💵Minimum Deposit$50
⏱️Average Deposit/Withdrawal Processing Time1 - 3 business days
💳Fund Withdrawal FeeNone, but third-party fees may apply
✏️Spreads 0.0 pips
💵CommissionsFrom $3 per lot (round turn)
5️⃣Number of Base Currencies Supported5
💷Swap Fees✅Yes
⬆️LeverageUp to 1:500
📉Margin RequirementsVaries by instrument
☪️Islamic Account (Swap-Free)✅Yes
🆓Demo Account✅Yes
⏱️Order Execution Time< 30ms
🖥️VPS Hosting✅Yes (free for eligible accounts)
📊CFDs - Total Offered1000+
🖋️CFD Stock Indices15+
👉CFD Commodities20+
🌟CFD Shares500+
💷Deposit OptionsBank transfer
Credit/Debit cards
Skrill
Neteller
PayPal
Cryptocurrencies
💶Withdrawal OptionsBank transfer
Credit/Debit cards
Skrill
Neteller
PayPal
Cryptocurrencies
📊Trading PlatformsMetaTrader 4
MetaTrader 5
ProTrader
📱OS CompatibilityWindows
macOS
iOS
Android
🔩Forex Trading ToolsAutochartist
Trading Central
VPS
🫴🏻Customer Support✅Yes
🗣️Live Chat Availability✅Yes
💻Customer Support Email Addresssupport@vantagefx.com
☎️Customer Support Contact Number+44 2080 363 883
🌟Social Media PlatformsFacebook
Twitter
LinkedIn
Instagram
⚙️Languages Supported on WebsiteMultiple languages, including English
Chinese
Spanish
🎓Education and Research✅Yes
✏️Forex Course✅Yes
🖥️Webinars✅Yes
📖Educational ResourcesArticles
Video Tutorials
Market Analysis
🤝Affiliate Program✅Yes
📍Amount of PartnersNot publicly disclosed
🫶IB Program✅Yes
🎁Sponsorships✅Yes (various sporting events and teams)
🎀Rebate Program✅Yes
💰Cent or Micro Accounts✅Yes (Micro accounts available)
🚀Open an Account👉 Click Here

 

Overall Rating

Min Deposit

USD 200

Regulators

FSCA, VFSC, ASIC, FCA

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

49

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Pros and Cons

✅Pros❌Cons
Well-regulatedUS Clients not allowed
Social trading offered through ZuluTradeRestricted leverage of 1:30 for EU Clients

 

Frequently Asked Questions

 

What is Vantage FX?

Vantage FX is an online forex and CFD broker that provides trading services to clients worldwide. It offers a range of trading instruments, including forex pairs, commodities, indices, and cryptocurrencies.

 

Does Vantage FX offer a demo account?

Yes, Vantage FX offers a demo account that allows traders to practice trading with virtual funds before risking real money.

 

What leverage does Vantage FX provide?

Vantage FX offers leverage up to 1:500, depending on the account type and the regulatory jurisdiction.

 

What are the spreads like at Vantage FX?

Spreads at Vantage FX can start from as low as 0.0 pips on their Raw ECN account, with varying spreads depending on market conditions and the account type.

 

Overall Rating

Min Deposit

USD 200

Regulators

FSCA, VFSC, ASIC, FCA

Trading Platform

MT4, MT5

Crypto

Yes

Total Pairs

49

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Our Verdict

Vantage FX is a well-regulated online forex and CFD broker that offers a variety of trading services suitable for both beginners and experienced traders. With multiple trading platforms, competitive leverage, and a range of account types, it provides flexibility for traders.

 

review FBS

 

8. FBS

FBS is a global forex and CFD broker that offers a range of trading services tailored to both novice and experienced traders. Founded in 2009, FBS has grown to serve millions of traders worldwide, providing access to various financial instruments including forex, stocks, commodities, and cryptocurrencies.

 

🔍Broker🥇FBS
🔢Year Founded2009
👤Amount of Staff300+
👥Amount of Active TradersOver 17 million
📌Publicly Traded None
📈RegulationFSC
CySEC
ASIC
🌎Country of RegulationBelize
Cyprus
🗂️Account Segregation✅Yes
🌟Negative Balance Protection✅Yes
💙Investor Protection Schemes✅Yes,
under CySEC
regulations
➡️Institutional AccountsNone
🫴🏻Managed AccountsNone
💴Minor Account CurrenciesUSD
EUR
JPY
GBP, and more
💵Minimum Deposit$1
⏰Average Deposit/Withdrawal TimeInstant to
48 hours
💳Fund Withdrawal FeeNo fees
for most
methods
✏️Spreads from0.0 pips
💷CommissionsFrom $0 to
$20 per
lot,
depending
on
account
type
5️⃣Number of Base Currencies5+
💶Swap FeesApplicable on
most
accounts
except for
Islamic
accounts
⬆️LeverageUp to 1:3000
📉Margin RequirementsDepends on
leverage
and
account
type
☪️Islamic Account (Swap-free)✅Yes
🆓Demo Account✅Yes
⏱️Order Execution TimeFrom 0.3 seconds
🖥️VPS Hosting✅Yes
🫴🏻CFDs-Total Offered200+
👉CFD Stock Indices✅Yes
📈CFD Commodities✅Yes
📊CFD Shares✅Yes
💴Deposit OptionsBank transfer
Credit/debit cards
e-wallets (Neteller,
Skrill, etc.)
local payment
systems
💳Withdrawal OptionsBank transfer
Credit/debit cards
e-wallets
(Neteller, Skrill, etc.)
local payment
systems
↪️Trading PlatformsMetaTrader 4 (MT4)
MetaTrader 5 (MT5)
FBS Trader App
🍎OS CompatibilityWindows
macOS
iOS
Android
🔩Forex Trading ToolsEconomic calendar
Forex calculators
Market analysis
VPS
Trading signals
🫴🏻Customer Support✅Yes
🗣️Live Chat Availability✅Yes, 24/7
💻Customer Support Email Addresssupport@fbs.com
☎️Customer Support Contact NumberCallback Option
📱Social Media PlatformsFacebook
Instagram
YouTube
Twitter
LinkedIn
Telegram
⚙️Languages Supported
on Website
20+
(including
English,
Spanish,
Portuguese,
Chinese,
Arabic, etc.)
🎓Education and Research✅Yes
✏️Forex Course✅Yes
💻Webinars✅Yes
📖Educational ResourcesArticles
videos
eBooks
webinars
tutorials
🤝Affiliate Program✅Yes
👥Amount of Partners450,000+
🫰🏻IB Program✅Yes
🎁SponsorshipsNo significant
sponsorships
🎀Rebate Program✅Yes
💰Cent or Micro Accounts✅Yes
🚀Open an Account👉 Click Here

 

Overall Rating

Min Deposit

USD 5

Regulators

FSC, ASIC, CySEC

Trading Platform

MT4, MT5, FBS App

Crypto

Yes

Total Pairs

550+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Pros and Cons

✅Pros❌Cons
High LeverageLimited Regulation
Multiple Account TypesWithdrawal Fees
User-Friendly PlatformsLimited Market Research

 

Frequently Asked Questions

 

What account types does FBS offer?

FBS offers several account types, including Cent, Micro, Standard, and ECN accounts, catering to different trading needs and styles.

 

Does FBS offer leverage?

Yes, FBS offers leverage of up to 1:3000, allowing traders to maximize their potential returns.

 

Is there a demo account available with FBS?

Yes, FBS offers a demo account that allows traders to practice their strategies without risking real money.

 

Does FBS provide educational resources?

Yes, FBS provides various educational materials, including webinars, articles, and tutorials to help traders improve their skills.

 

Overall Rating

Min Deposit

USD 5

Regulators

FSC, ASIC, CySEC

Trading Platform

MT4, MT5, FBS App

Crypto

Yes

Total Pairs

550+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Our Verdict

FBS provides an accessible platform for individuals looking to enter the forex market. The broker’s support for popular trading platforms like MetaTrader 4 and 5, combined with educational resources and responsive customer service, enhances the trading experience.

 

FXOpen Review

 

9. FXOpen

FXOpen is a reputable and well-regulated ECN and STP broker situated in Australia, the UK, and Saint Kitts and Nevis. FXOpen was one of the first online trading brokers established and to this day remains reliable in offering traders comprehensive trading solutions.

FXOpen caters extensively to both retail and institutional clients and the trading conditions offered consist of transparent fees, low spreads, fast trade execution, and low commission charges on trades.

 

🔍Broker🥇FXOpen
🔢Year Founded2005
👤Amount of staffNot publicly disclosed
👥Amount of active tradersNot publicly disclosed
📌Publicly Traded None
📉RegulationFCA (UK)
🌎Country of regulationUnited Kingdom
🗂️Account Segregation✅Yes
🌟Negative balance protection✅Yes
💙Investor Protection Schemes✅Yes
(depending
on
regulation)
➡️Institutional Accounts✅Yes
🫴🏻Managed AccountsNo✅
💴Minor account currenciesSeveral
(including USD,
EUR, GBP)
💵Minimum Deposit$1 (Micro),
$100
(Standard)
⏰Average deposit/withdrawal processing time1-3 business days
💳Fund Withdrawal FeeDepends on
the method
and currency
✏️Spreads from0.1 pips (ECN)
💷Commissions✅Yes, depending
on account
type and
trading
activity
🔢Number of base currencies supported16+
💸Swap Fees✅Yes, varies
by account
type and
instrument
⬆️LeverageUp to 1:500
📈Margin requirementsVaries by
account type
and leverage
☪️Islamic account (swap-free)✅Yes
🆓Demo Account✅Yes
⏱️Order Execution TimeInstant execution
for ECN
accounts
🖥️VPS HostingAvailable
👉CFDs-Total Offered50+
📉CFD Stock Indices✅Yes
📈CFD Commodities✅Yes
📊CFD Shares✅Yes
💶Deposit OptionsBank transfer,
credit/debit cards,
e-wallets
💳Withdrawal OptionsBank transfer,
credit/debit cards,
e-wallets
📊Trading PlatformsMetaTrader 4 (MT4),
MetaTrader 5 (MT5),
FXOpen Trader
🍎OS CompatibilityWindows,
MacOS,
iOS,
Android
🪛Forex trading toolsEconomic
calendar,
trading signals,
market news
🫴🏻Customer Support✅Yes
🗣️Live chat availability✅Yes
💻Customer Support Email addresssupport@fxopen.com
☎️Customer Support Contact NumberVaries by region
📱Social media PlatformsFacebook,
Twitter,
LinkedIn
⚙️Languages supportedEnglish,
Russian,
Arabic,
Chinese,
others
🎓Education and Research✅Yes
✏️Forex course✅Yes
💻Webinars✅Yes
📖Educational ResourcesMarket analysis,
trading
guides,
tutorials
🤝Affiliate program✅Yes
👥Amount of partnersNot publicly disclosed
🫰🏻IB Program✅Yes
🎁SponsorshipsNone
🎀Rebate program✅Yes
💰Cent or Micro Accounts✅Yes
🚀Open an Account👉 Click Here

 

Overall Rating

Min Deposit

USD 100

Regulators

FCA, CySEC

Trading Platform

MT4, MT5, PAMM

Crypto

Yes

Total Pairs

4

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Pros and Cons

✅Pros❌Cons
Well-regulated by ASIC and FCANo US Clients
 A variety of tools and technologies offeredNo fixed spreads
Tight spreads and low commissionsEU Clients restricted at 1:30 leverage
Free VPS accessLimited tradable financial instruments

 

Frequently Asked Questions

 

What are the spreads like at FXOpen?

Spreads vary based on the account type and market conditions but can start from as low as 0.0 pips on ECN accounts.

 

Is FXOpen suitable for beginners?

Yes, FXOpen is suitable for beginners due to its user-friendly platform, demo accounts, and educational resources.

 

Can I trade cryptocurrencies with FXOpen?

Yes, FXOpen allows trading in various cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

 

What educational resources does FXOpen provide?

FXOpen offers various educational resources, including webinars, articles, and trading tutorials to help traders improve their skills.

 

Overall Rating

Min Deposit

USD 100

Regulators

FCA, CySEC

Trading Platform

MT4, MT5, PAMM

Crypto

Yes

Total Pairs

4

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Our Verdict

With a low minimum deposit requirement and various account types, FXOpen caters to both beginners and experienced traders. The availability of popular trading platforms like MetaTrader 4 and 5, combined with educational resources, enhances the trading experience.

 

AAAFx Review

 

10. AAAFx

AAAFx is an ECN online trading broker that was established in 2008 and is based in Greece with strict regulation through HCMC in offering the trade of over 220 financial instruments through its proprietary platforms as well as MetaTrader 4.

AAAFx operates according to an NDD brokerage model and promotes social trading through ZuluTrade. Each live trading account is automatically linked to ZuluTrade. AAAFx offers tight spreads along with competitive trading fees and multiple payment methods for funding.

 

🔍Broker🥇AAAFx
🔢Year Founded2008
👤Amount of staffApproximately 50
👥Amount of active tradersEstimated around
20,000
📌Publicly Traded None
📉Regulation✅Yes
🌎Country of regulationGreece (Hellenic
Capital
Market
Commission)
🗂️Account Segregation✅Yes
🌟Negative balance protection✅Yes
💙Investor Protection Schemes✅Yes
🗂️Institutional Accounts✅Yes
🫴🏻Managed Accounts✅Yes
💴Minor account currencies✅Yes
💵Minimum Deposit$100
⏰Average deposit/withdrawal processing time1-3 business days
💳Fund Withdrawal FeeVaries by
method;
generally free
for bank
transfers
✏️Spreads from1.0 pips
💷CommissionsVaries by
account type;
typically
commission-free
accounts
available
🔟Number of base currencies supportedOver 10
💸Swap Fees✅Yes
⬆️LeverageUp to 1:500
📈Margin requirementsVaries;
typically 0.2%
to 1%
depending on
the instrument
☪️Islamic account (swap-free)✅Yes
🆓Demo Account✅Yes
⏱️Order Execution TimeInstant execution
available
🖥️VPS HostingAvailable upon
request
🫴🏻CFDs-Total OfferedOver 200
📈CFD Stock Indices✅Yes
📉CFD Commodities✅Yes
📊CFD Shares✅Yes
💶Deposit OptionsCredit/Debit cards,
Bank Transfer,
e-wallets
💳Withdrawal OptionsBank Transfer,
e-wallets,
Credit/Debit cards
📊Trading PlatformsMetaTrader 4
🍎OS CompatibilityWindows,
macOS,
iOS,
Android
🪛Forex trading toolsCharting tools,
Economic Calendar,
Trading Signals
🫴🏻Customer Support✅Yes
🗣️Live chat availability✅Yes
💻Customer Support Email addressinfo@aaafx.com
☎️Customer Support Contact NumberNot publicly listed
📱Social media PlatformsFacebook,
Twitter,
LinkedIn
⚙️Languages supported on FBS WebsiteEnglish,
Greek
🎓Education and Research✅Yes
✏️Forex course✅Yes
🖥️Webinars✅Yes
📖Educational ResourcesTrading guides,
tutorials,
market analysis
🤝Affiliate program✅Yes
👥Amount of partnersNot publicly specified
🫰🏻IB Program✅Yes
🎁SponsorshipsNone
🎀Rebate program✅Yes
💰Cent or Micro Accounts✅Yes
🚀Open an Account👉 Click Here

 

Overall Rating

Min Deposit

USD 100 

Regulators

HCMC, FSCA

Trading Platform

MT4, MT5, Zulu

Crypto

Yes

Total Pairs

70

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Pros and Cons

✅Pros❌Cons
Access to trade on MT4Limited regulation
Social trading supported through ZuluTradeRestricted leverage offered
Multilingual customer supportWithdrawal fees charged
Flexible funding options providedHigh minimum deposit and high commission charges

 

Frequently Asked Questions

 

What is AAAFX?

AAAFX is a Forex and CFD broker that offers trading in various financial instruments, including currencies, commodities, and indices.

 

Does AAAFX offer a demo account?

Yes, AAAFX provides a demo account for traders to practice trading with virtual funds before risking real money.

 

What is the maximum leverage offered by AAAFX?

AAAFX offers leverage of up to 1:500, allowing traders to control larger positions with a smaller capital investment.

 

Is there an affiliate program available at AAAFX?

Yes, AAAFX has an affiliate program that allows partners to earn commissions by referring new clients.

 

Overall Rating

Min Deposit

USD 100 

Regulators

HCMC, FSCA

Trading Platform

MT4, MT5, Zulu

Crypto

Yes

Total Pairs

70

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Our Verdict

The broker’s offerings include high leverage of up to 1:500, negative balance protection, and various account types, including Islamic accounts. Additionally, AAAFX promotes transparency with no withdrawal fees and supports its clients through various educational resources and an affiliate program.

 

What is a ZuluTrade Forex Broker

 

What is ZuluTrade?

ZuluTrade is a social trading platform that connects traders and investors, allowing users to follow and copy the trades of experienced traders, known as signal providers.

ZuluTrade lets users follow and assess signal providers based on performance. Users can automate trades by copying these providers in real time, making forex trading accessible. The platform features diverse strategies with filters for performance and risk levels, as well as tools for setting investment limits. Users can track their investments and strategy effectiveness while integrating with various forex brokers. Educational materials are also available to enhance trading skills.

Overall, ZuluTrade is designed to make forex trading more accessible and user-friendly, particularly for novice traders looking to benefit from the expertise of more experienced traders.

 

10 Best ZuluTrade Forex Brokers

 

Pros and Cons

✅Pros❌Cons
Social TradingPerformance Variability
Diverse StrategiesSubscription Fees
Educational ResourcesBroker Limitations

 

In Conclusion

Now it is your turn to participate:

 

  • Which ZuluTrade broker from this list do you intend to test out?
  • What was the determining factor in your decision to engage with a certain broker?
  • Was it because of the Minimum Deposit or the Pros and Cons?

 

Regardless, please share your thoughts in the comments below.

 

You Might Also Like:

 

 

Frequently asked questions

 

Does HFM offer Islamic accounts?

Yes, HFM provides Islamic (swap-free) accounts to comply with Sharia law for traders who require them.

 

Does BlackBull Markets support VPS hosting?

Yes, BlackBull Markets provides VPS hosting for traders, which is especially useful for those using automated trading strategies.

 

Is there an affiliate program at FXCM?

Yes, FXCM offers an affiliate program where partners can earn commissions by referring new clients to the broker.

 

What are the spreads like at ThinkMarkets?

Spreads start from as low as 0.0 pips, depending on the account type and market conditions.

 

What is FXGrow?

FXGrow is an online forex and CFD trading broker that offers a variety of financial instruments for trading, including forex pairs, commodities, and indices.

 

Is AvaTrade suitable for beginners?

Yes, AvaTrade is considered beginner-friendly due to its user-friendly platforms, educational resources, and demo account options.

 

What customer support options are available at Vantage FX?

Vantage FX offers customer support through live chat, email, and phone support to assist clients with their inquiries.

 

What trading instruments can be traded with FBS?

FBS offers a diverse range of trading instruments, including forex pairs, stocks, commodities, indices, and cryptocurrencies.

 

Does FXOpen support Islamic accounts?

Yes, FXOpen provides swap-free Islamic accounts for traders who require them.

 

Does AAAFX provide negative balance protection?

Yes, AAAFX offers negative balance protection, ensuring that clients do not lose more than their deposited funds.

 

What is ZuluTrade?

ZuluTrade is an online copy trading platform that has grown in popularity due to its integration with reputable brokers and offering of useful tools that allow for quick and easy social trading in copying and sharing trading signals.

 

Which Forex brokers offer ZuluTrade?

ZuluTrade has partnered with numerous brokers, including the 27 presented on this list.

 

Is ZuluTrade regulated and safe?

Yes. ZuluTrade is regulated by the HCMC and safe to use.

 

What trading tools does ZuluTrade offer?

Traders Combos, Automater, ZuluGuard, AutoTrade Cryptos, Social Charts, User lists, TradeWall, Economic Calendar, and more.

Author Details

Picture of Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like

11 Best Forex Brokers in Canada

  The 11 Best Forex Brokers in Canada – Rated and Reviewed. We have listed the Best CIRO (Canadian Investment Regulatory Organization), previously IIROC/MFDA, Regulated

FinPros Review

  FinPros, launched in 2021 and regulated in Seychelles and Cyprus, offers fast, transparent execution via MetaTrader 5 with Equinix LD4 hosting. It features four

Trade247 Review

  Founded in 2025 and headquartered in Dubai, Trade247 is already capturing attention thanks to dual regulation (SCA and FSC), a clean MT5-only focus, and

10 Best Forex Brokers in UK

  10 Best UK Forex Brokers – Rated and Reviewed! We have rated and reviewed the best Forex Brokers accepting UK Traders.  This is a complete

7 Best FCA Forex Brokers

  The 7 Best FCA Forex Brokers – Rated and Reviewed. We have listed the Best Forex Brokers regulated by the Financial Conduct Authority in