Best Forex Broker

Are you looking for the Best Forex Broker? You’re just in the right place for that! The foreign exchange market, or simply Forex, is the largest tradable market in the world, the overall trading volume of which is rivaled only by the credit market. Perhaps you would be shocked to find out that the capitalization of the forex market amounts to the incredible $2.4 quadrillion, with nearly $6 trillion worth of transactions taking place there on a day-to-day basis, which is only 3,5 times less than the GDP of the United States that was estimated at $21 trillion. It’s hard even to imagine how many people are involved in the process of moving this vast amount of money around, and if you want to dive into this ocean of currencies, charts, orders, and, of course, profits, then you would have to get an account with a good Forex broker.

Financial markets of today boast a great variety of offers and brokerages, from market makers to those specializing in retail services. Once a new trader decides to choose a broker to trade with, it takes a lot of time an effort to study all the aspects of their business activity, including deposit/withdrawal terms, platforms, leverage and spreads, commissions and fees, bonuses and promotions, regulation details, and so on. 

To assist our readers in the matter of choosing the most suitable intermediary for profitable currencies speculations, we have compiled this comprehensive list of top forex brokers with the untainted reputation that offer the combination of low commissions, state-of-the-art trading tools, access to a wide range of international financial markets, insightful education sections on respective websites, and helpful customer service. We have awarded each of these ten brokers scores on these criteria to facilitate the choice. On the list below you will find the best fx brokers working across the globe, choose the one that suits your demands best, and don’t forget to vote for your favorite forex company on Forex-Awards.com! 

Best Forex Broker 2024 Nominees

Forex Broker Ratings Results Rating dynamics
1 HFM Review and Awards Overall rating
Commissions rating
Education rating
Service rating



HFM voting dynamics Rate
2 NordFX Review and Awards Overall rating
Commissions rating
Education rating
Service rating



NordFX voting dynamics Rate
3 Otet Markets Review and Awards Overall rating
Commissions rating
Education rating
Service rating



Otet Markets voting dynamics Rate
4 WeTrade Review and Awards Overall rating
Commissions rating
Education rating
Service rating



WeTrade voting dynamics Rate

Best Forex Broker – Previous Years Winners

  Best Forex Broker Winner 2020

Best Forex Broker – Most Indicated Strengths

Indicated strengths reflect the users' preferences

Top Forex Nominations 2024

Nomination Nominees
1 Best Forex Broker Otet MarketsWeTradeHFMNordFX
2 Best Execution Broker ParadTradeITBVIG InvestmentXeroMarketsActivTrades
3 Best Forex Expo Forex Expo 2022Forex Expo Cyprus 2022Forex Expo Egypt 2022TradersExpo 2022MoneyShow 2022iFX Expo Dubai 2022
4 Best Cryptocurrency and Forex Broker XPBEEParadTradeITBNordFX
5 Best Trading Application Otet MarketsGVD MarketsDCFXSSIMGIBXChange
6 Best CFD Broker Asia XeroMarketsOctaNordFX
7 Best Micro Forex Broker AdroFXIS6FXOctaHFM
8 Best Affiliate Program XPBEEVT MarketsNPBFXNordFX
9 Best Trading Platform Otet MarketsGVD MarketsFXCentrumQuadcode MarketsDCFX
10 Best Cryptocurrency Broker XPBEEOctaHFMNordFX
11 Best ECN / STP Broker Otet MarketsWeTradeAdroFXVIG InvestmentOcta
12 Best Forex Broker Europe ParadTradeVT MarketsXTrend SpeedActivTrades
13 Best Cryptocurrency Trading Platform PointPayGIBXChange
14 Best Forex Broker Asia WeTradeFXCentrumDCFX
15 Best Forex Mobile Application FXCentrumQuadcode Markets
16 Best Forex Broker Middle East VT MarketsITBXeroMarketsNordFX
17 Most Transparent Broker XPBEEIQ OptionITBQuadcode MarketsXTrend Speed
18 Best Trade Executions GVD MarketsGIBXChangeCedarFXNPBFXOcta
19 Best Mobile Trading Platform IQ OptionVT MarketsSSIMDeriv
20 Best Dealing Room CedarFXKohle Capital Markets

All Forex Nominations