Best online forex brokers 2020

Here at Forex Choices we have scoured the Forex market to bring you only the very best online forex brokers. We truly have done all the hard work, so you don't have to.

All forex brokers featured in the table below are what we, and the overall industry perceives to be the highest quality operators available to you today. Each broker has been individually tested by the Forex Choices team to ensure they are a safe & secure company to trade forex with.

Simply select your chosen Forex broker from the table below and hit 'Trade Now' to be taken to the broker of your choice. You then simply sign up at the broker we direct you to and make your first deposit. You're then able to make as many forex trades as you are comfortable with on the real Forex global financial market where $5TN is traded every single day.


BrokerHighlightsPlatformRegulated byRatingProceed
FXTM
  • Fully regulated and licenced, x6 industry award winner
  • 250+ trading instruments and dedicated loyalty program
  • Verified safe deposits and fast withdrawals
  • Ultimate risk protection and security
  • Super-fast trade execution
MT4 - mobile, web, multi-terminal FCA, FSC, FSCA, IFSC, CySEC10
AvaTrade
  • Regulated internationally across 6 jurisdictions
  • Access automated and manual trading platforms
  • Over 50+ currency pairs incl. major, minor and exotic
  • Competitive spreads at only 0.8 pips per trade
  • Professional 24/5 support in multiple languages
MT4, AvaOptions, Mac/Web TradingASIC, CBI, BVIFSC, SAFSCA, FSA, FFAJ9.9
FPmarkets
  • 14 years experience, billions traded daily
  • True ECN trading - spreads from 0.0 pips
  • Institutional liquidity, access to 10,000+ markets
  • Lightning-fast execution, flexible 500:1 leverage
  • Advanced trader features - analytics & VPS solutions
MT4, MT5, WebTrader, IRESSASIC, CySec, FCA9.8
Markets.com
  • $185BN traded in the last year
  • Over 2,200 markets to trade
  • Low commission and tight spreads
  • Strict regulatory framework
  • *76.6% of retail CFD accounts lose money
MT4, MT5CySEC, FSCA, ASIC9.7
Pepperstone
  • Advanced account analytics
  • Low cost trading from as low as 0.0 on EURUSD
  • Client bank/hedge fund level liquidity and spreads
  • Exceptional client support
  • Great company values
MT4, cTraderFCA9.7
Plus500
  • CFD service with tights spreads and zero commission
  • 1:30 leverage for retail, 1:300 for professional
  • Ultra-fast & reliable execution
  • $1,849BN traded last year
  • UK FTSE250 listed company
Bespoke web, mobile and desktopFCA, CySEC, ASIC, MAS9.5
eToro
  • 274M trades opened on eToro
  • Social trading leader
  • Clients from 140 countries
  • Trade on a wide range of markets
  • Copy leading community traders to profit
BespokeFCA, CySEC8.6
IC Markets
  • World's largest true ECN forex broker
  • Spreads from 0.0 pips, no requotes, no price manipulation
  • Liquidity mix keeps spreads tight 24/5
  • Execution speeds of under 40ms
  • $568BN trading volume
MT4, MT5, cTraderAFSL8.4

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.