Top 10 Forex Brokers

In our previous articles, you learned about the qualities of the forex brokers. There are some parameters on which you should choose your broker. We all know how a broker affects your success in forex trading. This content provides a listing as well as the terms of the top 10 forex brokers of the world.

But first of all, we would like to let you know that the most capable brokers of the world belong to the 4 top- tier financial authorities. These top-tiers include the United States of America, Canada, the United Kingdom, and Australia. Among these authorities, the United Kingdom has a title for the best broker. And it is due to their best policies that are equally favorable for the traders as well.

Benefits of working with Top FX brokers

We always focus on working with top forex brokers. Either we try to find the best qualities of top Forex broker or ways to identify the best brokers. However, some of us are still unaware of the advantages we get by working with them. Let us discuss them one by one.

  1. They focus on your training. Best forex brokers always give priority to training to its client by providing them education, giving them tips, and help you to understand the market.
  2. The best forex broker is always honest with his clients. He thinks more about the profit and loss of his investor. They help you to save your time. Working with them can increase the ratio of your profit.
  3. They make you lower your stress level raised after making complex trades of the forex market. They utilize their experience, qualification, sources, and skills to execute your trades.
  4. One of the best qualities of a forex broker is that he tries to understand the psychology of his client so that he can train and work with you accordingly.

List of top 10 FX brokers

Here is a list of the best brokers of the world. Although everyone has its own choice, we find the following most capable, famous, and affordable for our clients. 

AVA Trade:

This Irish company has been working since 2006.
Min. Deposit: $100
Max. Leverage: 1:400
Min. Leverage: 1:30
Trading Platforms: MT4, MetaTrader 5, Webtrade
Asset: CFD, Forex, Crypto, Stocks, Options

CMC Markets

This old company was born in 1989 
Min. Deposit: $100
Max. Leverage: 1:500
Min. Leverage: 1:30
Trading Platforms: MT4, MetaTrader 5, Web trader
Asset: CFDs, Spread betting, Forex, Cryptos, Commodities, Stocks, Treasuries, Custom indices

FXTM:

FXTM has a high ranking in the list of top 10 forex brokers. The company “Forex time” was founded in the year of 2011.
Min. Deposit: $10
Max. Leverage: 1:200
Min. Leverage: 1:25
Trading Platforms: MetaTrader 4, Desktop Trading platform
Assets: CFDs, Commodities, Cryptos, Forex, and Stocks

XM:

This broker has been working since 2009. Due to its outclasses services in the past years, this broker successfully entered in the listing of the top 10 ten forex brokers.
Min. Deposit: $5
Max. Leverage: 1:888
Min. Leverage: 1:1
Trading Platforms: MetaTrader 4,Web Trading platform
Assets: CFDs, forex, cryptos and stocks

FX Pro:

This broker is quite old. It is operational since 2006. The reason for its placement in the top ten brokers is the result of the uncomparable services for the professional forex traders.
Min. Deposit: $100
Max. Leverage: 1:500
Min. Leverage: 1:2
Trading Platforms: MetaTrader 4
Assets: CFD,Cryptos,Futures,Indices,Shares, and Forex

IG

This broker is quite old. It is operational since 2006. The reason for its placement in the top ten brokers is the result of the uncomparable services for the professional forex traders.
Min. Deposit: $0
Max. Leverage: 1:50
Min. Leverage: Less than 1:50 (vary from asset to asset)
Trading Platforms: MetaTrader 4, Progressive Web App, L2 Dealer
Assets: CFD, Forex, Crypto, Stocks, Digital Options, Futures, and Options

AXI TRADER

This Australian broker is operational since 2007. But it was placed in the top forex brokers since the recent years.
Min. Deposit: $0
Max. Leverage: 1:400 (avearegly)
Min. Leverage: 1:2 (cryptos), 1;50
Trading Platforms: MetaTrader 4, MetaTrader 5, and MT4 Next Gen( For prfessionals)
Assets: CFDs, Forex, and Cryptos 

Plus 500

The foundation year Plus 500 is 2008.   
Min. Deposit: $100
Max. Leverage: 1: 300
Min. Leverage: 1:2 (cryptos), 1:10
Trading Platforms: PLUS 500 Trading platform.
Assets: CFD, Cryptos, Forex, Stocks, and Options

FXCM

FXCM is also one of the top ten forex brokers. The foundation year of FXCM is 1991. It is a competent broker with excellent track history.  
Min. Deposit: $360 for Europeans, $50 for non-Europeans
Max. Leverage: 1: 30
Min. Leverage: 1:2
Trading Platforms: MetaTrader 4, Ninja Trader, Zulutrade, Trading Station
Assets: CFD, Cryptos, and Forex.

Exness

The foundation year of this company is 2008.
Min. Deposit: $1
Max. Leverage: 1: 2000
Min. Leverage: 1:30
Trading Platforms: MetaTrader4 and MetaTrader5
Assets:Forex, CFDs, Stocks, Indices, Metals, Energies.

Conclusion on top 10 forex brokers

The above brokers are the best one from our point of view. The reason to prefer them is that they are affordable that matters a lot for us. There are also other top brokers, but they are somehow not accessible to the average portfolio holders. They work only for professional traders. But in reality, the majority of the traders belong to retail clients. That is why we prefer these brokers as well as they are capable, competent, and at least flexible for everyone.

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