There are dozens, if not hundreds, of Forex brokerage firms. This Forex Broker Review aims to highlight the important aspects of those major firms offering professional forex trading. We will cover -at a minimum- the same number of online trading companies as we did in our
Education section.
We will not duplicate the training information presented in our discussion of Forex Trading Schools.
Our review will cover at least the key factors of the major forex currency trading brokers such as: spreads on the most popular pairs, what kind of trading platforms they offer, what minimum deposit they require to open an account, and how many pairs they offer. Where available we'll include information on managed forex trading, forex trading mentoring, and what relationship they've got with forex trading banks.
A broker whose ads you've probably seen on TV is
Forex.com.
They offer a rebate program as do a number of others offering forex online broker trading.
FXDD
is another popular broker. After spending a few minutes on their site I was unable to quickly find information that most traders looking for a broker would probably be asking.
One of the heavy weights is
FXCM
which stands for Forex Capital Markets. They are one of the largest brokers in the forex industry.
One broker that offers only its own trading platform is
eToro.
They offer a bonus, additional money added to your account, for any deposit over $100.
GFT
is a broker based in Michigan and offers its own trading platform. They have over 100 currency pairs available to trade.
Another favorite of mine is
Alpari.
They are EA-friendly and I've had good results using mine with them.
Another that I've heard good things about is
Oanda.
They do things a little differently...you trade units, not lots.
One broker that's received a fair amount of attention is
FX Solutions.
If you have a broker that you would like to add to our Forex Broker Review please provide that information below.