Forex Rating – Best Forex Brokers 2025

Since 2006 Forex Rating has been choosing, ranking and reviewing the Best Forex Brokers in the foreign exchange market. Our Rating is independent, unbiased and is the easiest way to choose the right Forex Broker from hundreds of forex companies. We turn to market experts for their opinion to make sure the Top Brokers are determined the most objective way. We offer transparent ranking system that summarizes experts' reviews and provides far-reaching opportunities for newcomers. Our main goal is to Rate, Evaluate and Compare Forex Brokers. We invite you to take part in determining the Best Forex Brokers each month.

Rank Forex Broker Overall Rating Status Reviews Type Regulation Min. Dep. Lev.
1Register HFM trading accountHFMOverall Rating for HFM: 5 starsTrusted 232 Reviews and comments STPFCA, DFSA, FSCA...$12000:1
2Register FXCC trading accountFXCCOverall Rating for FXCC: 5 starsTrusted 251 Reviews and comments ECN, STPCySEC, SVG$1500:1
3Register FxPro trading accountFxProOverall Rating for FxPro: 4.5 starsTrusted 839 Reviews and comments Broker, NDDFCA, FSCA, SCB$100500:1
4Register FBS trading accountFBSOverall Rating for FBS: 4.5 starsTrusted 435 Reviews and comments BrokerIFSC, ASIC, FSC...$10003000:1
5Register XM trading accountXMOverall Rating for XM: 4.5 starsTrusted 396 Reviews and comments BrokerCySEC, FSC, DFS...$51000:1
6Register Exness trading accountExnessOverall Rating for Exness: 4.5 stars 393 Reviews and comments MM, NDDFSA, CySEC , FC...$12000:1
7Register Vantage trading accountVantageOverall Rating for Exness: 4.5 stars 33 Reviews and comments BrokerVFSC, ASIC, FCA...$2001000:1
8Register FP Markets trading accountFP MarketsOverall Rating for FP Markets: 4 stars 33 Reviews and comments ECN, STP, DMAASIC, CySEC, FS...$100500:1
9Register IronFX trading accountIronFXOverall Rating for IronFX: 4 stars 302 Reviews and comments MM, ECN, STPFCA, FSCA$5030:1
10Register T4Trade trading accountT4TradeOverall Rating for T4Trade: 4 stars 113 Reviews and comments ECN, STP, MMSeychelles FSA$501000:1
11Register Just2Trade trading accountJust2TradeOverall Rating for Just2Trade: 4 stars 114 Reviews and comments BrokerCySEC, NFA, FIN...$100500:1
12Register FXNovus trading accountFXNovusOverall Rating for Just2Trade: 4 stars 17 Reviews and comments BrokerFSCA$250400:1
13Register Riverquode trading accountRiverquodeOverall Rating for Just2Trade: 4 starsNewcomer 0 Reviews and comments CFD BrokerFSCA$1400:1
14Register FXCess trading accountFXCessOverall Rating for Just2Trade: 4 starsNewcomer 30 Reviews and comments MM, ECN, STPN/A$101000:1
15Register Fintana trading accountFintanaOverall Rating for Fintana: 3.5 starsNewcomer 0 Reviews and comments CFD BrokerFSC Mauritius$1400:1
16Register Efixxen trading accountEfixxenOverall Rating for Efixxen: 3.5 starsNewcomer 61 Reviews and comments MMn/a$2500400:1
17Register Cinpax trading accountCinpaxOverall Rating for Cinpax: 3 stars 289 Reviews and comments Brokern/a$2500400:1

* Forex Broker Rating accepts no liability for any errors in the information, trading conditions and forex reviews. For the most recent information please visit the Forex Broker's site. If you want to compare several brokers or analyze their trading conditions, please use our free comparison and research tool which will vividly show you the main benefits of the best forex brokers.

Popular Forex Brokers' Reviews

20 Jul 2025Boon-Mee about XM
Payments were not bad, I expected difficult withdrawal procedure, but it was actually okay. You withdraw from your account tho, not from the wallet, so idk what's the point of it, I guess just to distribute funds to your accounts. xm are doing a good job, and this is continuing for a while now so people really trust the platform, and so do I

17 Jul 2025Renato about FXCC
Very credible platform, and very attractive trading terms. Until recently, I thought the trading commission for ECN account types was unavoidable… but guess what… it is :)

18 Jul 2025Official reply
Dear Renato,

Thank you for sharing your thoughts and for highlighting what sets FXCC apart!

We’re delighted to hear that you appreciate our transparent and cost-effective trading conditions. It’s true that our ECN XL account is famous for offering tight spreads with zero commission, giving traders an advantage without the usual costs often associated with ECN accounts. Providing such benefits while maintaining transparency and high standards is at the heart of our service.

Your recognition encourages us to keep delivering the value and reliability that our traders deserve. Should you ever need assistance or wish to explore more of our offerings, our team is always here to help.

Kind regards,
FXCC Team

15 Jul 2025drPoullain about FXCess
I like how reliable this broker is for payouts... never problematized any of my withdrawals so far

13 Jul 2025NoahMendez about IronFX
You know, they have awards and stuff but those things don't really matter since most brokers have awards now. What matter in my personal humble opinion is that they have been in business for longer than most. 15 years is surely on the higher side in the broker industry

13 Jul 2025MmonteroO about XM
Leverage not the highest but I don't use more than 1 to 100 anyways. On my standard account the spreads were a bit high so I changed to ultra low and it's been much better since. Especially for swings I noticed that it's become more cheaper and I don't have to pay nearly as much for swaps now. The downside is that promos can't be used on this account but that's not a big deal. I didn't have to delete the previous one so I have two now - one for bonus and one for low cost trading both on MT5

10 Jul 2025Lorenz about FxPro
What I appreciate most about FxPro is the transparency. Their pricing, policies, and spreads are all clearly explained.

10 Jul 2025Jasmin about FxPro
Their execution speed is excellent. I’ve barely had any slippage, even during volatile markets. Definitely one of the best brokers out there.

9 Jul 2025FabioDias about XM
The best thing about xm is probably their support. I used to try many trading services, but none of them had access to the phone calls, meaning that nobody would transfer my problems from one department to another. Was prompted to give me an update on my withdrawals. In other things, pretty usual broker, not something you won’t find anywhere else. Reasonable costs and good variety.

9 Jul 2025Phong about XM
Usually trade I gold at XM, on ultra low account with lower spreads. But the last couple of weeks Gold has not been so profitable for me, and I feel like it's not as volatile and fast anymore, I guess I got tired of breaking the records lol. Now I trade some forex minors like gbp/cad and those are my new favourite. Anything I trade here is affordable so thanks guys

9 Jul 2025Luqman_T about XM
Heard about xm from a few old traders and decided to try. So far, they’ve shown they’re serious- strong regulations, straightforward payments and good sw Feels like a company that’s been around and knows what they’re doing.

6 Jul 2025VijayKhanna about NordFX
Legally a well regulated broker with supporting in Hindi language. The only demerit is NordFx does not have any office in India. All services are offered remotely.

6 Jul 2025MKeloko about Finex
My first deposit was straightforward and processed without delay. Then I tried a withdrawal, also went through fine, though it took one extra day. The dashboard feels okay but a bit complicated. As a new person payments wasnt dissapointing , but interface could be more simple

5 Jul 2025CarstenScherer about IronFX
Stock cfds are gold! Typically I don’t trade stocks that haven’t cleared at least 6 months worth of resistance but preferably one year. This allows enough time for a solid base to be built, where buyers and sellers are exhausted and have settled below a specific price (until demand exceeds supply). Love trading stocks here though! The variety and the leverage available for them make it worth it.

4 Jul 2025Christopher about InstaForex
InstaForex has an excellent mobile trading platform, and my experience has been good over the last few months. I have found their live price chart and trading tools to be very stable. Additionally, they offer live execution that is very fast. I funded almost $1K to my account, and I will continue with them.

29 Jun 2025AlSafi about FXCC
Chilling and trading here, did my deposit and got 100% on my capital, now I have twice the money and I can even risk 2x more this would still mean I am risking my average amount. Or I can just have more flexibility with my average risk, I am still experimenting that. Decent broker, can't point out any negatives. Bit simple tho, but for me this is actually a pro rather than a con.

30 Jun 2025Official reply
Dear AlSafi,

We appreciate you taking the time to share your thoughts with us.
We’re thrilled to hear our deposit bonus helped you to maintain even stronger risk management.

It’s absolutely true that risk management plays a significant role in consistent trading. By offering an up to $2000 initial deposit and balanced 1:500 leverage, we encourage our traders to maintain an appropriate balance between risks and rewards.

We agree with you that the simplicity of the platform is sometimes more important than its advanced features. It helps to focus on what really matters,  a smooth and reliable trading process.

Please don’t hesitate to get in touch with us if you have any questions or concerns.

Kind regards,
FXCC Team

+15 000 Customer Reviews

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The foreign exchange market, with its vast liquidity and 24/5 operation, offers traders unparalleled opportunities for profit. However, this very nature of Forex trading also exposes traders to significant risks, not least of which is the risk of choosing the best Forex broker that does not adequately protect their interests or investment. In this context, Forex Rating emerges as a critical tool in a trader's arsenal, providing an essential guide to the reliability and integrity of brokers. This text delves into the direct and indirect benefits of Forex Rating for trader security, underscores their role in due diligence and risk assessment, and highlights the importance of ongoing monitoring and reassessment of brokers' rating.

Direct and Indirect Benefits of Forex Rating for Trader Security

  1. Transparency: Forex Ratings provides a transparent overview of a broker's performance across several key areas, including regulatory compliance, trading platform reliability, customer service quality, and financial stability. This transparency is invaluable for traders in making informed decisions.

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Forex Ratings as Tools for Due Diligence and Risk Assessment

Due diligence in Forex trading goes beyond simply checking a broker's website or promotional materials. It involves a thorough investigation into the broker's regulatory status, business practices, market reputation, and financial stability. Here, Forex Rating comes into play as it aggregate these critical pieces of information, providing traders with a comprehensive overview that can inform their risk assessment process.

The Importance of Ongoing Monitoring and Reassessment of Forex Brokers' Rating

The Forex market's dynamic nature means that a broker's reliability and performance can change over time due to various factors such as regulatory updates, market conditions, or changes in management practices. Therefore, ongoing monitoring and reassessment of brokers' ratings are crucial.

Forex Rating stands out as a fundamental component in ensuring the security and assurance of Forex traders. It offers both direct and indirect benefits by enhancing transparency, promoting regulatory compliance, and aiding in effective risk mitigation. As tools for due diligence and risk assessment, ratings empower traders with the knowledge needed to make informed decisions. Moreover, the importance of ongoing monitoring and reassessment cannot be overstated, as it ensures that traders can rely on up-to-date information reflecting the current standing of forex brokers. In the ever-evolving landscape of Forex trading, Forex Ratings are indispensable for maintaining a secure trading environment, advocating for higher industry standards, and ultimately, contributing to the overall health and integrity of the Forex market.

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