Best Forex Broker (FX Trader). Trading with the right forex broker is critical to success in the international currency markets. As a currency investor, you may have specific platform, tool, or research needs that should be met. Understanding your investment style can help determine which FX broker may serve as the best forex broker for you.

Our team here at has assembled a quick guide to nine of the top online forex brokers. In each individual FX broker summary, we highlight where each broker stands overall and against its competitors.

This review will surface the most important features and/or benefits of selecting one forex broker over another, including discounted commissions, differences in trading account requirements, available research tools and trading platforms, as well as the quality of customer support.

Best FX Brokers for Forex Trading

Here's a breakdown of some of the best foreign exchange brokers available for online fx trading.
  • CMC Markets

Received 4.5 out of 5 stars overall in our 2017 Review, as well as 5 stars for Commission & Fees alongside Offering of Investments. Overall CMC Markets finished third out of 20 forex brokers and offers the largest selection of currency pairs.
  • earned 4.5 stars across Platform & Tools, Research, Customer Service, and Mobile Trading. The fx broker brings a great selection of research and charting tools in its platforms and is licensed in several major regulatory hubs.
  • City Index

City Index earned 5 stars in the offering of investments category where it ranked among the top five brokers in terms of product range with a large selection of CFDs available. City Index finished with 4 stars overall. The firm is regulated in several major regulatory jurisdictions globally as part of Gain Capital Holdings.
  • Swissquote

Swissquote received 4.5 stars in several categories including offering of investments, research, and customer service – where it finished best in class (top 5) among 20 brokers. Swissquote’s Switzerland entity is one of the few forex brokers that can offer traders a Swiss bank account.
  • TD Ameritrade

Regulated by the NFA in the United States, TD Ameritrade’s offering was ranked #1 for Mobile Trading in our 2017 Review, finishing with 5 stars in the Mobile Trading category and #1 for Platform Technology. As one of the few remaining brokers left globally that accepts U.S. residents, the broker’s thinkorswim by TD Ameritrade platform offers 130 currency pairs and includes charting packed with 377 technical indicators.
  • eToro

Was ranked #1 for Social Trading, top five in Social Copy Trading, and #1 for Live Chat Support. The new eToro platform brings a revamped design and impressive user experience including a new CopyFunds product offering for investors.
  • FXPro

Was the #1 MetaTrader fx broker in our 2017 Review and finished with 4 stars overall. Not only does FxPro offer both the MT4 and cTrader platforms for algorithmic traders, it also provides traders the choice of agency-execution or dealer execution across its forex account offerings.
  • received 4.5 stars in the platforms & tools category, and 4 stars in three other categories including mobile trading, customer service, and offering of investments (over 2000 tradeable products offered).
  • Pepperstone

Rated #1 (5 Stars) for both Customer Service and email support in our 2017 Review, Pepperstone provides a fantastic client experience and also placed Top 5 for Active Traders with its liquidity rebate program. The broker also was top five for Social Copy Trading and provides agency-only execution on MT4.