Forex Brokers Ratings in 2022

Forex brokers rating in 2022 comparison table, sorted by user ratings. Check out the table to compare the overall rating of each broker and how verified traders rate them. The overall rating is the sum of our industry experts grades for pricing, regulations, popularity, trading conditions and the reviews from users with a verified live account.

Broker ratings that you can trust!

It doesn’t matter if one is a novice or a seasoned trader. Finding a reputable online broker, with strong regulations and competitive pricing is key to succeed in trading.

But how do you comb through the hundreds of forex brokers out there and find the best for your trading style or strategy? Well, one great way of finding a suitable broker is by checking out its ratings. Our comparison table offers just that.

To help you decide, we’ve merged the ratings of our industry experts for every broker on our list, with the feedback from verified users. It's easy to scroll down and compare five different ratings, simultaneously, for each broker:

  • Overall broker rating – our industry experts overall grade of a broker, from 1 to 5 stars, representing the sum of pricing, regulations, popularity and user rating of a broker.

  • Verified users rating – our user's ratings are unique! On several reviews and rating websites, anyone can drop a positive (or negative) rating. Unlike those websites, the broker ratings by users is only from verified traders, holding a live trading account*, with a particular broker.

  • Broker pricing rating – a closer look by our experts at the broker’s spreads and overall trading costs. A lower star rating represents a broker with costly trading costs and 5 stars are given to brokers with low spreads and low trading commissions.

  • Broker regulatory rating – the main criteria for this rating by our experts is retail clients’ money safety. A broker that is regulated by a tier-1 financial authority, such as the UK FCA, is less likely to “cheat” on clients than an unregulated, offshore broker.

  • Broker popularity rating – our expert's analysis of several data parameters, such as internet traffic to a broker’s website and the number of accounts opened in 30 days.
*The verified users are confirmed by allowing access to their read-only investor login and password. Thus, proving they hold a real trading account with the broker they’re rating.

Find the best online broker for your trading strategy

Use our forex brokers rating list to find out how users rate each broker for its pricing, overall trading conditions and customer support. Check out each broker's regulator (supervising financial authority) and jurisdiction, the minimum initial deposit to activate a live account and the maximum leverage available.

Compare which brokers offer Negative Balance Protection (NBP) to prevent losses bigger than the account deposit. Confirm if a broker is regulated by a financial authority offering Deposit Compensation Scheme to retail traders, to protect investors if a broker defaults.

Discover and compare the execution model offered by each broker (STP, ECN, MM, NDD, MM) and the available asset classes, including cryptocurrencies, metals, forex pairs, indices, and stocks.

Reliable and impartial forex brokers ratings to help you choose and succeed in your online trading career.