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If you want to succeed in trading international currency on the foreign exchange (ForEx) markets, you need to trade and review Forex Brokers Review. At Cryptoispy, we are determined to show you a list of best forex brokers and understand your investment style before proceeding with trading with a FX broker. Our team has assembled a brief guide to the best forex brokers for FX and CFDs trading. In each individual summary, we highlight the main features of the best FX broker and provide you with real reviews published by users.

What Is A Forex Broker And Where To Find The Best Forex Brokers?

If you are new to the world of forex trading, you should know that a broker is the first step to success. Basically, a forex broker works as an intermediary between you and the interbank system (the network of banks trading with each other). Typically, the best forex brokers work with affordable prices and have access to forex liquidity - providing you great deals for pricing. To get an account with a forex broker, you need to sort out through the list - including an overview of their features, identity verification, deposit and withdrawal limits and other essentials. The great thing about forex trading is the fact that most of the best forex brokers offer demo accounts for demo forex trading - requiring minimal information and virtual funds (instead of real ones) which you can trade and test. As soon as you do that, you will be more informed and prepared for trading with real money. Our site lets you choose from the best forex brokers and the best features in forex trading - offering you maximum leverage, great balances and spreads as well as a detailed learning curve on forex trading.

Quality Forex Brokers: Best FX Broker With Fees, Currency Pairs, Charting Tools & More

“How to compare between the best forex brokers and find the right one for me?” Our forex brokers reviews list takes into account a lot of ranking factors. We sort out all of the fees, spreads, trading platforms, charting and analysis options - or in short everything that makes a broker legit, real and preferred by users online. The best forex broker, according to us, is one that you choose based on individual preference. This may come down to the pairs you need to trade, the platform, trading using spot markets or per point or simple ease of use requirements. Below, we are listing of comparison factors as well as other elements which can be helpful to you. The top brokers are highlighted below and represent the best of the entire list of FX brokers out there. Now that you understand the world of forex, it is time to start trading! Check out the best forex broker reviews below and choose the one that is perfect for your needs! Happy trading!
AUTHOR RATEUSERS RATE (4)
Capital

Capital broker offers CFD trading on multiple asset classes including currencies, indices, and commodities on its proprietary web platform. There are several accounts to choose from with variable spreads with a leverage of 1:30 or 1:200 for pro traders and the option to trade micro-lots as well.

AUTHOR RATEUSERS RATE (4)
Empire Capital Trade

What is also strange about this broker is that there are no information about the costs of the services. The broker doesn’t have any information about trading costs and which traders will incur when there is a trade being executed on the trading platform. There is a very small 2 pip spread on the benchmark currency which is the starting point for the spreads and that is the only information available.

AUTHOR RATEUSERS RATE (4)
Bitsgap

Bitsgap is a platform that allows traders to trade on multiple crypto exchanges by only one interface. This is a very interesting idea in theory but in practice, it was shown that is doesn’t work as good. The idea is to allow one to access all accounts via API Keys which is a good idea which can grant the ability to make arbitrate trades. Users didn’t found it so useful.

AUTHOR RATEUSERS RATE (4)
Coinigy

Coinigy became a very popular crypto trading platform which was founded by two IT professionals Robert Borden and William Kehl in Milwaukee, Wisconsin in 2014. They believed that the crypto trading platform than are not quality automated and had very poor chart features and heavy interfaces

AUTHOR RATEUSERS RATE (4)
CMC Markets

 CMC Markets at first look seems like a reliable platform. However, clients complained multiple times of the broker being a scam after they lost funds and couldn’t withdraw them later.

AUTHOR RATEUSERS RATE (4)
CapitalSwissFX

Globtrex is a commission-free platform which offers its clients three account types with a leverage up to 1:200. There are micro lots available for trade and a fixed spread on demo accounts. However, the users find it difficult to find any further information on the platform’s website on the different account type.

AUTHOR RATEUSERS RATE (3)
Globtrex

Globtrex is a commission-free platform which offers its clients three account types with a leverage up to 1:200. There are micro lots available for trade and a fixed spread on demo accounts. However, the users find it difficult to find any further information on the platform’s website on the different account type.

AUTHOR RATEUSERS RATE (11)
FXORO

FXORO is a broker that offers multiple account types so the clients can choose between the fixed and floating spread. Users find it difficult to choose and very confusing. The account types are all commission-free except the ECN one.

AUTHOR RATEUSERS RATE (10)
PrimeXBT

PimeXBT is a bitcoin-based online broker that reportedly offers leveraged trading for many cryptocurrencies including Ethereum, Litecoin, and Bitcoin. The website is owned and operated by the PrimeXBT trading services which many people complained about

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