Forex Broker Reviews

In this section we will be reviewing Forex Brokers that we have tested online based on a list of criteria set out by Larry.

What makes a good forex broker? Well, there are plenty of different currency trading platforms out there, ranging from the big banks like Deutsche Bank to smaller “middlemen”, and they can often be hard to compare. The broker offering the highest gearing isn´t necessarily the best broker! (in fact, if the gearing is too high, this should probably trigger off a warning signal for you).

Broker Bonus Min Deposit Payout US Traders Review Open Account
XM 30% BONUS UP TO $10,000 $5 Review Visit Broker
Easy Forex Easy Forex runs deposit bonus offers periodically $25 Review Visit Broker
Plus 500 €25 No Deposit Required. Deposit bonus €7000 max €100 Review Visit Broker
Etoro 10% bonus on first deposit up to $10,000 $50 Review Visit Broker
Alpari Alpari runs credit bonus offers from time to time $200 Review Visit Broker

So what´s the best online forex broker or trading platform? We have a whole article on how to pick a good forex broker in our forex school. It depends on what your trading level is, and what is important to you. Is it gearing? Is it being able to trade forex on an iPhone? Or perhaps you want to trade a range of products in addition forex, such as commodoties and CFD´s?

Read through our forex broker reviews to contrast and compare the different services on offer. Here are some general pointers for you:

  • For an overall platform that is strong in many areas, we´d recommend etoro.
  • If you want a broker with a good iPhone app we´d recommend Easy Forex.
  • And for more advanced traders who want all the tools and tight spreads we´d suggest FXCM