The Best Forex Platforms in 2023

Our mission is to provide detailed and in-depth reviews of reputable and best forex platforms. We analyze the largest forex platforms in the world to select and introduce the best, most reliable, and user-friendly platforms for users in the world

We are committed to providing our readers with the most objective and accurate content through our evaluation and analysis process, which includes detailed testing from our side. There will be no bias towards any forex platform for any reason, including the offer of payment from forex platforms to rank higher in our rankings.

Our comprehensive ranking table of the top reputable forex platforms is analyzed deeply and compiled independently, objectively without bias based on our strict evaluation process.

XM

5/5
  • Low stock CFD and withdrawal fees
  • Easy and fast account opening
  • Great educational tools
  • Limited product portfolio
  • Average forex and stock index CFD fees
  • No investor protection for non-EU clients

HFM

4.9/5
  • Fast and Reliable Payments
  • Unlimited trial
  • Lowest spread offered with a very low commission
  • Extremely well-regulated
  • Good copy trading proprietary platform
  • The broker may close your account after 30 days of inactivity
  • EU clients have a different minimum deposit
  • Services may differ depending on your area
  • No social trading feature
Free Funding Multiple trading accounts
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Octafx

4.8/5
  • No commission on trading and no swap on OctaFX MT5 account.
  • More than 30 FX pairs to trade
  • OctaFX offers a new proprietary platform for social copy-trading.
  • Advanced technology
  • No education tools on Forex
  • Telephonic support not available 24/7
  • No clients from USA, Canada, Belgium, or others outside EU
Copy trading service available
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Tickmill

4.8/5
  • The trading platforms are robust and user-friendly
  • Tickmill is well regulated in several regions with a proven track record of excellent trading services
  • Spreads Start as Low as 0.0 pips
  • Expansive Educational Offerings and Analysis
  • Multilingual Customer Support Via Phone, Chat, Email, Social Media
  • United States Clients cannot register with Tickmill
  • There are no fixed spread accounts offered
  • Currency conversion fees may be deducted
  • The spreads are not the tightest
Best Forex Spreads MEA Top 1 Broker for Commissions and Fees
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Exness

4.7/5
  • Competitive Spreads
  • MetaTrader Suite Available
  • wap-Free/Islamic Account Provided
  • High Maximum Leverage
  • No Bonuses/Promos
  • No USA Clients Permitted
THE FASTEST ORDER EXECUTION According to the Traders Union Awards 2022
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Lite Finance

4.7/5
  • Own trading platform for personal accounts that was designed for novice traders with the ability to copy transactions, analyze market sentiment, etc.
  • Wide selection of cryptocurrencies
  • Lack of transparency
  • Automatic reimbursement of commissions paid when replenishing and withdrawing money
  • Complex verification procedure.
  • No cent accounts, which are often of interest to novice traders;
  • There is no information on how the risk level is assigned to traders from the social trading rating;
Working from 2005 Minimum investment
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VTmarkets

4.6/5
  • Wide selection of trading tools and features
  • Institutional grade spreads via the Raw ECN account
  • Linked to the top platforms in the industry: MetaTrader 4 and MetaTrader 5
  • High minimum deposit of $200, even on the Standard STP account
  • Strict terms and conditions on the Welcome Bonus offer that prevents withdrawal
Experience a transparent and secure trading environment
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Fbs

4.5/5
  • Low stock and stock index CFD fees and no inactivity fee
  • Easy and fast account opening
  • Excellent customer support & education
  • Slim product portfolio
  • Few account base currencies
  • No investor protection for non-EU clients
GET YOUR REBATE UP TO 80$ PER LOT (%100)
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Pepperstone

4.3/5
  • Excellent customer service
  • Regulated by the top regulatory authorities including ASIC and FCA
  • One of the most popular and well-respected Forex brokers in Australia
  • Provides Islamic accounts
  • Fast execution speeds and low cost spreads
  • United States traders are not allowed as it is not regulated by the NFA
  • Not ideal for Forex beginners as starting deposit is a bit high at $200 AUD
  • No negative balance protection is guaranteed for non-EU clients

AximTrade

4.2/5
  • Regulated and globally recognized forex broker.
  • The low entry threshold for starting trading is $1 for cent and standard accounts and $50 for ECNs.
  • Tight spreads on all account types and average commissions per lot on ECN accounts in the brokerage market.
  • An account with the broker cannot be opened by traders from several countries, including the United States, Great Britain, and Canada.
Regulated and globally recognized forex broker
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