Best Forex Brokers in 2022

BrokerMin DepositRegulated
22 Investors

Websites that Sell Professional Trading Software

Product/serviceType of Product/serviceCost
22 InvestorsManaged trading accounts18% of your profits goes to the traders
TransparentFXtrading.comTrading mentorship and account fundingVaries
MyAlfred AI RobotAutomated trading software with AI capabilities Contact them
GPS Forex RobotForex EA with steady myfxbook performance$149 one-time payment

A little bit about Forex brokers on the internet

Since trading became popular, hundreds of brokers have sprang up and they all masquerade as “the best brokers” to trade with on the internet.

Some of the features they use to lure traders include:

  1. Education capabilities
  2. Market research and analysis including weekly trade ideas
  3. AI software for trading
  4. High leverage and tight spreads
  5. Deposit bonuses
  6. Cutting-edge trading platform

Because there are literally hundreds of brokers on the internet offering the same exact thing, one may ask:

How do we choose the best broker and avoid the bad ones?

To answer that question, we’ve selected 3 brokers that we think have at least met industry standards.

These brokers are ranked according to features, level of customer support, regulations, reputation and many other factors.

On the other hand, we leave traders to decide which brokers they want to choose. Usually, one trader’s style is different from another trader’s strategy.

The two traders cannot be satisfied by one broker due to their varying trading styles and needs in general.

The list of the best brokers to trade with

As we’ve said previously, we’ll rank brokers based on their capabilities and most of these parameters are looked at in favor of the client.

So we’ll also look at how they handle customer funds, structure of their business, whether or not they’re regulated and also length of time that they’ve stayed in operation.

On top of that, we usually update this list to reflect any changes or actions that may have been taken against any broker by their respective regulatory authorities.

We’re only listing brokers that are regulated by financial organizations listed below:

FCA (United Kingdom)

ASIC (Australia)

Cysec (Cyprus)

BaFIN (Germany)

CFTC (United States)

FSA (Japan)

FSCA (South Africa)

FSC (Mauritius)

IFSC (Belize)

FSP (New Zealand)

ISA (Israel)

DFSA (United Arab Emirates)

SEBI (India)

Edits: If you’d like to have your product or service added to this page, please contact us.