The Best Forex Brokers 💹 – 2020 Complete Comparison Guide

Thank you for visiting TradeOnline.Today‘s complete summary of recommended Forex trading platforms. Below, you can see a detailed list of excellent and trustworthy platforms to begin your online trading career.

Forex may seem difficult at first, but it is actually a very simple financial tool to help you make constant profit, that is why it is so popular among online traders. In essence, Forex is all about buying low and selling high at the right time. Once you can accomplish this, then you are basically making money.

Of course, not everybody can invest $1000 into a Forex account, because this is a really large amount. But good news! Our recommended brokers listed below all have very low account requirements. For example, some of them allow you to deposit just $1 to start an account. Then you can play around with the broker’s tools and educational materials. Then you can deposit $5. And then maybe $10. Once you have traded a few times, you will begin to understand what Forex is about, and then you can make a larger deposit and finally employ your own trading strategies to make bigger money.

Now go ahead, please explore the following recommended Forex brokers and see which one is right for you. All of these transparent platforms are generous by offering free $10,000 to $100,000 preloaded demo accounts (no registration required = nothing to lose!). Not to mention, all of these brokers are highly regulated by financial services authorities, giving all traders the security that they deserve. If you are a beginner, you may want to begin with eToro. If you are a pro, then maybe consider FBS Markets. Alright, it is time to make some money.

Forex Platform NameBroker DetailsService Details
FBS Markets
FBS Markets Forex Platform
Regulation: CySEC, IFSC

Minimum Deposit: $1

Asset Coverage: Currencies, Stocks, Commodities, CFDs

Maximum Leverage: 1:3000
Demo Account: Yes, unlimited amount

Devices: Web, Android, iOS

Customer Support: Open 24/7

Payment Options : Visa, Skrill, Neteller, Stic Pay, PerfectMoney, Bitwallet, and more
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InstaForex
InstaForex Forex Platform
Regulation: FSC

Minimum Deposit: $1

Asset Coverage: Currencies, Stocks, Commodities, CFDs

Maximum Leverage: 1:1000
Demo Account: Yes, with $50,000

Devices: Web, Android, iOS

Customer Support: Open 24/7

Payment Options : Visa, Mastercard, MegaTransfer, PayCo, Skrill, Neteller, Boleto, Bitcoin, and more
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eToro
eToro Forex Platform
Regulation: CySEC, FCA, ESMA

Minimum Deposit: $200

Asset Coverage: Currencies, Cryptocurrencies, Stocks, Indices, Commodities, CFDs, EFTs

Maximum Leverage: 1:30
Demo Account: Yes, with $100,000

Devices: Web, Android, iOS

Customer Support: Open 24/7

Payment Options : Visa, Mastercard, NETELLER, PayPal, Yandex, WebMoney UK, Skrill, and more
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BDSwiss
BDSwiss Forex Platform
Regulation: CySEC, FSC

Minimum Deposit: $10

Asset Coverage: Currencies, Cryptocurrencies, Stocks, Indices, Commodities, CFDs, EFTs

Maximum Leverage: 1:500
Demo Account: Yes, with $10,000

Devices: Web, Android, iOS

Customer Support: Open 24/7

Payment Options : VISA, Mastercard, AstroPay, Divepay, Dotpay, EPS, FasaPay, Giropay, Globe Pay, iDEAL, iSighthis, Maestro, Neteller, PayTrust88, PostePay, Rave, RPNPay, Skrill, SOFORT, Zotapay, and more
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Olymp Trade
Olymp Trade Forex Platform
Regulation: IFC

Minimum Deposit: $10

Asset Coverage: Currencies, Cryptocurrencies, Stocks, Indices, Commodities

Maximum Leverage: 1:200
Demo Account: Yes, with $10,000

Devices: Web, Android, iOS

Customer Support: Open 24/7

Payment Options : Visa, Mastercard, Neteller, Skrill, Bitcoin, WebMoney, Fasapay, ePayments, and more
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