Rating of the best Forex brokers for beginners | Brokerscout.ai
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  • 1
    rating rating rating rating
    81%
    • Min. deposit:
      25$
    • Max. leverage:
      1:500
    Regulation: EFSA, FCA, ASIC, CySEC, JSC, FSCA, CIRO, CMA, FSAS (Seychelles)
    2
    rating rating rating rating
    80%
    • Min. deposit:
      50$
    • Max. leverage:
      1:1000
    Regulation: ASIC, CIMA, FSA, FSCA
    3
    rating rating rating rating
    79%
    • Min. deposit:
      10$
    • Max. leverage:
      1:1000
    Regulation: BVI, CySEC
    4
    rating rating rating rating
    78%
    • Min. deposit:
      20$
    • Max. leverage:
      1:500
    Regulation: FCA, CySEC, CIMA, DFSA
    5
    rating rating rating rating
    77%
    • Min. deposit:
      5$
    • Max. leverage:
      1:1000
    Regulation: MFSA, LFSA, BVI , VFSC , SVGFSA
    6
    rating rating rating rating
    77%
    • Min. deposit:
      50$
    • Max. leverage:
      1:500
    Regulation: ASIC, FSCA, SVGFSA
    7
    rating rating rating rating
    77%
    • Min. deposit:
      50$
    • Max. leverage:
      1:500
    Regulation: ASIC, AUSTRAC, BAFIN, CIMA, CYSEC, ESCA, FSC, FMA, MAS, TFG, VFSC
    8
    rating rating rating rating
    76%

    XM

    • Min. deposit:
      5$
    • Max. leverage:
      1:30
    Regulation: FCA, ASIC,CySec, BaFin, CNMV, MNB, CONSOB, FIN-FSA,ACPR, KNF, AFM, FI
    9
    rating rating rating rating
    76%
    • Min. deposit:
      0$
    • Max. leverage:
      1:500
    Regulation: ASIC,FCA,DFSA,CMA,SCB,BaFIN,CySEC
    10
    rating rating rating rating
    75%
    • Min. deposit:
      100$
    • Max. leverage:
      1:500
    Regulation: ASIC, FCA, CySEC, SCB, SVG
    11
    rating rating rating rating
    72%
    • Min. deposit:
      100$
    • Max. leverage:
      1:300
    Regulation: FCA, CySEC, ASIC, ISA, FSA, MAS, FSCA, DFSA
    12
    rating rating rating
    66%
    • Min. deposit:
      10$
    • Max. leverage:
      1:1000
    Regulation: CySEC

    Risk Warning

    Before embarking on Forex trading, it is essential to thoroughly evaluate your investment objectives, level of experience, and risk tolerance. Never allocate funds that you cannot afford to lose.

    Off-exchange foreign exchange transactions carry significant risks, encompassing leverage, credit risk, limited regulatory protections, and market volatility. These factors can significantly influence currency prices and liquidity.

    Furthermore, the leverage inherent in forex trading means that market fluctuations can result in substantial gains or losses relative to your initial investment. If market conditions go against you, you may risk losing your entire initial margin and be required to inject additional funds to maintain your position. Failure to meet margin requirements may lead to position liquidation and subsequent losses for which you bear responsibility

    Before embarking on Forex trading, it is essential to thoroughly evaluate your investment objectives, level of experience, and risk tolerance. Never allocate funds that you cannot afford to lose.

    Off-exchange foreign exchange transactions carry significant risks, encompassing leverage, credit risk, limited regulatory protections, and market volatility. These factors can significantly influence currency prices and liquidity.

    Furthermore, the leverage inherent in forex trading means that market fluctuations can result in substantial gains or losses relative to your initial investment. If market conditions go against you, you may risk losing your entire initial margin and be required to inject additional funds to maintain your position. Failure to meet margin requirements may lead to position liquidation and subsequent losses for which you bear responsibility