Skip to content Skip to sidebar Skip to footer

Best Broker for Forex Trading in the World

Direct Download by click one of available link below. Just click Download, Open, or Install.

One type is probably the best forex broker for beginners while the other is better for advanced users. The most important factors include fees for spreads and commissions, trading platform software, charting tools, customer support, education, currency research, and reliability.

1. Best Forex Trading Platform

There are so many options for trading on With a number of different trading tools and many research options, is the perfect platform for new and advanced forex traders.

Founded in 2001, is a well-known name in the industry. The broker offers strong regulatory licenses, is regulated by four tier-1 regulators, and currently has over 140,000 clients. provides clients with access to 80 currency pairs, as well as 20 stock index CFDs, 380 stock CFDs, 20 ETF CFDs and 29 commodity CFDs, as well as 9 cryptocurrencies. Unfortunately, clients in the US and UK will not be able to trade crypto with this broker, and US residents are also prohibited from trading CFDs.

However, with those two minor caveats, overall,'s investment options are quite wide. The typical spread for via MetaTrader is 1.4 pips on EUR/USD using the most recent data available (at the time of writing).

There is also an average spread of 1 pip during the third quarter for EUR/USD, but only for non-MT4 platforms. If you are a high volume trader, has five price levels to suit your needs, which are highly customizable and highly appreciated by users.

Level one has a spread of 1.2 pips on the EUR/USD exchange for traders who can maintain a balance of at least $10,000. The spread decreases as you increase to each level, so level five should maintain a $500 million balance and that brings the spread down to 0.84 pips on the EUR/USD pair.

As far as platforms go, offers traders access to the venerable and evergreen MetaTrader 4, as well as its slightly younger cousin, MetaTrader 5. While both platforms are solid choices, the investment offerings available to clients using MetaTrader 5 are rather limited, so we recommend avoiding it.

Apart from MetaTrader, also has its own web-based platform. It comes with more than 70 technical indicators, 50 drawing tools, as well as an alert/notification feature. The proprietary platform is quite customizable, easy to use, and supports many advanced order types.

Both the MetaTrader 4 and platforms have their own mobile versions. While both are easy to use, intuitive, well designed, and offer little functionality, they don't have a time limit for ordering and a two-step login feature. also provides dealer execution, and never relies on third parties to make trades. You can get higher quality trades because operates this way.

In addition, the platform adds Direct Market Access (DMA) accounts for US traders. Active traders in the US get higher discounts with this account type as well. is also one of the leading brokers in terms of research. Users will have access to well-produced third-party research, as well as weekly webinars, main streams from Reuters, and the economic calendar.'s in-house research team also produces written materials daily, with articles covering a wide range of topics.

2. Group IG: Trading CFD Forex No Deposit Bonus

Whether you are interested in trading CFDs or currencies, IG has a large selection of over 16,000 markets. With the ability to trade forex, cryptocurrencies, individual equities, sector stocks and commodities—IG's large investment options are enjoyed by many traders.

U.S. residents can only trade forex with IG – however, the broker's advanced tools and low fees make it a formidable competitor in the U.S. market.

IG has been around forever, and interestingly, was the first of its kind at the time. Today, IG is a leading forex provider, with competitive fees, outstanding educational and research materials, and a wide range of assets. If you are a trader outside the US who is interested in other instruments, such as CFD trading, IG has got you covered.

After the company's expansion into the U.S. in February 2019, U.S. traders can now access IG U.S. tools and services, however, product selection is currently focused solely on forex – CFDs are not currently offered to U.S. clients. IG U..S is regulated by the CFTC and NFA.

However, IG U.S. it does offer 80 currency pairs, and the broker's low spreads make it an attractive option for US-based forex traders. The company breaks down the currency pairs offered into six categories – Major pairs, Minor pairs, Australasia, Scandinavian, Exotic and Emerging Markets.