Top Online Brokers

Broker
Rating
Regulated
Bonus
Min. Deposit
Avg. Returns
1.
FP Markets

CFTC, NFA

up to 100%

$50

70% - 90%

2.
Alpari

FSA

up to 100%

N/A

70% - 90%

3.
OctaFX

FSA

up to 100%

$5

70% - 90%

4.
Xtb

BaFin, CNMV in Spain, CySEC, FCA, IFSC

up to 100%

$ 250

70% - 90%

5.
EightCap

ASIC

up to 100%

$100

70% - 90%

Show all top brokers

Are you looking for a dependable, easy to use forex broker? – Then this page is the right place for you. Thanks to the multitude of options, it is easy to develop analysis paralysis-the result of which is often no action at all. Let me key you into a little secret: It’s hard to go wrong. If you choose a broker you don’t end up liking, you can switch. Easy as that (well mostly). The truth is, there are plenty of good options that will work for most needs. In the mix however, there are a few great brokerages that stand out from the crowd. We at MyForexTop present you with some of the best Forex brokers that consistently provide top quality service to their clients.

What to Consider When Choosing an Online Broker

Before you start clicking on brokerage ads, take a moment to home in on what’s most important to you in a trading platform. The answer will be slightly different depending on your investment goals and where you are in the investment learning curve.

If you’re just starting out, you may prioritize features like basic educational resources, comprehensive glossaries, easy access to support staff, and the ability to place practice trades before you start playing with real money.

What is an online broker?

An online broker is a trading provider that allows its clients to open and close positions using a digital platform. Before the internet became ubiquitous, individual investors would either have to place orders over the phone or allow their broker to place trades on their behalf.

Are these brokers safe?

If you do an internet search on forex broker scams, the number of results is staggering. While the forex market is slowly becoming more regulated, there are many unscrupulous brokers who should not be in business. Our guide will help you to choose the right forex broker for you.