INVESTING

Forex Brokers

Monitored brokers who operate on the Forex market so that you and other traders can access reliable information about each broker company

NinjaTrader is a leading trading platform and brokerage specializing in futures and forex trading. Established in 2003, it offers advanced charting, algorithmic trading, and backtesting capabilities. With low commissions, competitive spreads, and regulatory oversight by the CFTC and NFA, NinjaTrader is a preferred choice for active traders and algorithmic trading enthusiasts. The platform is available on Windows, web, and mobile, ensuring accessibility for traders at all levels.
More details +
Trust & Regulatory Status
3.5
Tradable Instruments
4.5
Fees
3.9
Account Types
3.8
Platform and Tools
2.1
Deposit and Withdrawal
3
Customer Support
3
Research and Education
2.2
Mobile Trading
2
Security
3.8
PROS:
  • Advanced Charting & Analysis: NinjaTrader offers highly customizable charting tools with a vast selection of indicators, drawing tools, and strategy development features, making it ideal for technical traders.
  • Low-Cost Trading: The platform provides competitive commission structures, with cost-effective futures trading and no monthly platform fees for basic functionality.
  • Comprehensive Simulation Mode: Traders can practice strategies in a risk-free environment with a powerful trade simulation feature.
  • Algorithmic Trading & Automation: NinjaTrader supports automated trading through custom scripts, strategies, and third-party integrations, catering to advanced traders.
  • Regulated & Secure: As a member of the NFA and regulated by the CFTC, NinjaTrader adheres to industry standards, ensuring a safe trading environment.
  • Variety of Market Data Feeds: Users can connect to various data providers for real-time and historical market data, increasing flexibility.
CONS:
  • Limited Asset Offerings: NinjaTrader focuses primarily on futures and forex trading, with no support for stocks, options, or cryptocurrencies directly.
  • Steep Learning Curve: The platform’s advanced features and extensive customization options may be overwhelming for beginners.
  • Windows-Only Desktop Application: While NinjaTrader offers web and mobile access, the full-featured trading platform is only available for Windows.
  • Higher Costs for Advanced Features: While the basic platform is free, advanced features and trading execution require a funded account or a lifetime license purchase.
  • No Direct Customer Support for Free Users: Traders using the free version have limited access to direct customer support, relying mostly on community forums and resources.
Optimus Futures is a U.S.-based, CFTC-regulated exchange-traded futures broker offering low-cost trading, advanced trading platforms, and direct market access. Established in 2004, it provides traders with competitive commissions, deep market liquidity, and access to a wide range of futures contracts across commodities, indices, metals, and energies. The broker integrates with Optimus Flow, TradingView, MultiCharts, Sierra Chart, and MT5, catering to both professional and retail futures traders.
More details +
Trust & Regulatory Status
2.2
Tradable Instruments
3.3
Fees
4.1
Account Types
4.2
Platform and Tools
5
Deposit and Withdrawal
5
Customer Support
5.6
Research and Education
2.9
Mobile Trading
3.9
Security
3.7
PROS:
  • Regulated Broker – Registered with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA), ensuring security and compliance.
  • Multiple Trading Platforms – Offers Optimus Flow, TradingView, MultiCharts, MetaTrader 5 (MT5), and Sierra Chart, catering to various trading styles.
  • Low-Cost Trading – Competitive commissions starting at $0.25 per side for micro contracts and $0.75 per side for standard contracts.
  • Advanced Trading Tools – Features include depth of market (DOM), order flow analysis, and algorithmic trading capabilities.
  • Low Day Trading Margins – Minimum margins as low as $50 for micro contracts, making it accessible for active traders.
  • Strong Customer Support – Provides phone, email, and live chat support, with personalized onboarding.
  • Extensive Educational Resources – Includes webinars, tutorials, and market analysis for beginner and advanced traders.
CONS:
  • Limited Asset Classes – Focuses exclusively on futures trading, with no access to forex, stocks, or cryptocurrency.
  • No Commission-Free Trading – Unlike some competitors, Optimus Futures does not offer commission-free trading options.
  • Limited Deposit Methods – Accepts only bank wire transfers, with no support for credit cards or e-wallets.
  • Platform Fees May Apply – Some third-party trading platforms may have additional costs.
TP Trade is one of the new brokers that has not been operating for long and may not be well-known yet. With a variety of asset trading services, which when viewed from the overall picture, there is still a lot of information for us to delve into, but which will be updated in this review.
More details +
Trust & Regulatory Status
4.5
Tradable Instruments
5
Fees
6
Account Types
6.5
Platform and Tools
6.5
Deposit and Withdrawal
4.5
Customer Support
5
Research and Education
3.6
GOFX is a premier trading company known for its robust platforms and wide range of trading options. By offering a seamless experience for traders of all levels, GOFX has carved out its own niche in the financial world. This article covers it all, giving you an in-depth look into the world of GOFX.
More details +
Trust & Regulatory Status
4.7
Tradable Instruments
3.8
Fees
5.7
Account Types
2.1
Platform and Tools
3.4
Deposit and Withdrawal
2.9
Customer Support
3.2
Research and Education
3.9
Mobile Trading
3.5
Security
3.6
The review evaluates JustMarkets, a forex and CFD broker, highlighting its competitive spreads, diverse account types, and robust customer support. It notes that JustMarkets offers a wide range of tradable instruments and supports multiple trading platforms, including MetaTrader 4 and 5. The review also discusses the broker's regulatory status and emphasizes its commitment to providing educational resources for traders.
More details +
Trust & Regulatory Status
6
Tradable Instruments
7
Fees
8
Account Types
8
Platform and Tools
9
Deposit and Withdrawal
8
Customer Support
9
Research and Education
7
Mobile Trading
8
Security
8
PROS:
  • Regulatory Compliance: JustMarkets operates under multiple regulatory bodies, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Authority (FSA) in Seychelles, the Financial Sector Conduct Authority (FSCA) in South Africa, and the Financial Services Commission (FSC) in Mauritius. This multi-jurisdictional regulation enhances the broker's credibility and ensures adherence to international standards.
  • Low Minimum Deposit: With a minimum deposit requirement as low as $10, JustMarkets is accessible to traders with varying capital levels, making it particularly attractive to beginners.
  • High Leverage Options: The broker offers leverage up to 1:3000, allowing traders to control larger positions with a smaller capital outlay. This feature can amplify potential profits, though it also increases risk.
  • Diverse Trading Instruments: JustMarkets provides access to a wide range of trading instruments, including forex pairs, commodities, indices, shares, and cryptocurrencies, enabling traders to diversify their portfolios.
  • Flexible Trading Strategies: The broker supports various trading strategies, such as scalping, news trading, and the use of Expert Advisors (EAs), offering flexibility to traders with different approaches.
CONS:
  • Limited Regulation by Top-Tier Authorities: While JustMarkets is regulated by several authorities, it lacks oversight from top-tier regulators like the UK's Financial Conduct Authority (FCA) or the Australian Securities and Investments Commission (ASIC), which may be a consideration for some traders.
  • Restricted Services in Certain Countries: The broker does not accept clients from the United States, United Kingdom, or Japan, limiting its accessibility to traders in these regions.
  • Inactivity Fees: JustMarkets charges an inactivity fee for accounts dormant over a specified period, which could affect traders who do not trade frequently.
  • Withdrawal Processing Times: Some traders have reported longer-than-expected withdrawal processing times, particularly for bank transfers, which can be inconvenient.
IG is a globally recognized online trading broker, established in 1974 and headquartered in London, UK. It offers access to over 17,000 markets, including forex, stocks, commodities, and cryptocurrencies. Regulated by top-tier financial authorities such as the FCA and ASIC, IG provides a secure trading environment with multiple platforms, including MT4, TradingView, and proprietary web and mobile apps. The broker is known for its advanced charting tools, weekend trading options, and extensive educational resources. While it features strong market access and investor protections, IG's fee structure can be complex, and it lacks MetaTrader 5 integration.
More details +
Trust & Regulatory Status
9.5
Tradable Instruments
9
Fees
8.5
Account Types
8
Platform and Tools
8.5
Deposit and Withdrawal
8
Customer Support
8.5
Research and Education
9
Mobile Trading
8.5
Security
9
PROS:
  • Multi-Platform Flexibility: Six distinct trading platforms including web, mobile, MT4, Trading View, and advanced options like L2 Dealer, catering to different trading styles.
  • Weekend Trading Available: Unique offering of weekend trading on major forex pairs and indices, allowing traders to respond to off-hours events.
  • Tiered Protection System: Advanced security features including segregated client funds, FSCS protection up to £85,000, and negative balance protection for retail clients.
  • Deep Market Access: Trading available across 13,000+ shares, 80+ forex pairs, 35+ commodities, and multiple cryptocurrencies through a single account.
  • Multiple Regulatory Coverage: Regulated by 10+ major financial authorities (BMA, FCA, ASIC, JFSA, MAS, etc.), providing multi-layered oversight.
  • Flexible Chart Analysis: Ability to split charts up to four times to view different timeframes simultaneously on one screen.
  • No Minimum Deposit for Bank Transfers: Unlike many brokers, IG doesn't require minimum deposits when funding via bank transfer.
CONS:
  • Cost Structure Complexity: Different fee structures across platforms and products, with some requiring minimum activity to avoid charges.
  • Higher Fees on Certain Products: Some products have higher fees than competitors.
  • Regional Limitations: Product offerings may be limited based on location.
  • No MetaTrader 5 Integration: Offers only MT4, missing out on MT5's enhanced features.
  • Time-Based Support: Customer service is limited to Monday-Friday, which could be problematic for weekend traders.
In the vast landscape of brokers, one name stands out—Loyal Primus. Renowned for their unwavering commitment to clients and an unparalleled track record, Loyal Primus has earned a reputation as a trusted advisor and a beacon of reliability in the financial industry. But what truly sets them apart? What hidden gems lie beneath their impressive facade? This review will delve into the depths of Loyal Primus, revealing the secrets and unveiling the truth behind their success. Brace yourself, as this exploration will shine a light on Loyal Primus, their services, and everything you need to know. Prepare to be captivated as we uncover the inner workings of this remarkable broker.
 
More details +
Trust
2
Fees
5
Platforms and Tools
3
Customer Support
2
Tradeable Instruments
4
Account Types and Terms
3
Deposit and Withdrawals
4
Research and Education
3
PROS:
  • Availability of multiple account types
  • Access to the widely used MT4 trading platform
  • Tradable assets include currencies, commodities, and indices
CONS:
  • Lack of comprehensive trading resources and educational materials
  • Limited transparency regarding regulations
  • Insufficient information about deposit and withdrawal methods
  • Minimal customer support options
  • Absence of an FAQ section
More details +
Trust & Regulatory Status
7
Tradable Instruments
6.5
Fees
7.5
Account Types
6.5
Platform and Tools
5
Deposit and Withdrawal
5
Customer Support
6.4
Research and Education
6.5
PROS:
  • Regulated and licensed by reputable organizations.
  • Extensive trading resources and knowledge available.
  • Offers negative balance protection for clients.
  • Diverse deposit and withdrawal methods.
  • Commission-free products.
  • Website supported in Vietnamese 24/7.
CONS:
  • Only one type of trading account available, but it is not disclosed on the website.
  • Offers only Mitrade’s proprietary trading platform, lacking basic MetaTrader 4 and 5 platforms, which may pose challenges for many traders.
  • No promotional programs available.
  • Basic and limited range of trading products.
This review aims to uncover the truth about Vonway, a broker that claims to offer a wide range of services. We'll take a closer look at Vonway's features, trading platforms, and customer experience to separate fact from fiction. Stay tuned to get a comprehensive understanding of Vonway's capabilities and decide if it lives up to its promises.
More details +
Trust
2
Fees
5
Platforms and Tools
4
Customer Support
4.5
Tradeable Instruments
4
Account Types and Terms
3.5
Deposit and Withdrawals
4
Research and Education
3
PROS:
  • User-friendly interface
  • Offers a variety of trading instruments
  • Provides a 50% deposit bonus promotion
CONS:
  • Lacks explicit regulatory oversight
  • Limited educational resources
  • Absence of comprehensive customer support
  • Unclear information on regions of operation
In the labyrinth of online trading, every platform claims superiority. Among these, Trading Pro presents a portfolio of services, ranging from diverse account types to flexible transaction methods. However, with certain key aspects under the shroud of ambiguity, it provokes contemplation - Is Trading Pro a trusted choice for your financial endeavors? This objective review will present a clear picture, laying bare every essential detail about Trading Pro.
More details +
Trust
4.5
Fees
5
Platforms and Tools
5
Customer Support
4.5
Tradeable Instruments
3.5
Account Types and Terms
7
Deposit and Withdrawals
4.5
Research and Education
2
PROS:
  • Variety of account types
  • Reliable trading platform
  • Efficient customer support channels
  • Swift and secure transactions
  • Provides a cashback program
  • User-friendly client portal
  • No additional commission on deposits
  • Instant processing time for deposits
  • Diverse withdrawal methods
  • 24/7 customer service
CONS:
  • Absence of clear regulatory affiliations
  • Lack of information on negative balance protection
  • Limited range of promotions
  • Absence of information on regional operation limitations
  • Limited number of trading instruments
  • Limited educational resources for traders
  • Absence of information on decimal pricing
  • No clear information about available leverage
  • No copy trading support mentioned
  • Unclear if available to U.S. residents
Kato Prime is a broker offering diverse account types and various trading platforms. Yet, the depth of their resources and support channels leaves room for questions. Is Kato Prime the right broker for your trading journey? Explore our comprehensive review below to learn more.
More details +
Trust
4.5
Fees
5
Platforms and Tools
5
Customer Support
2
Tradeable Instruments
2
Account Types and Terms
3.5
Deposit and Withdrawals
4.5
Research and Education
0.5
PROS:
  • Offers multiple account types for varying levels of traders
  • Uses popular trading platforms (MT4 and MT5)
  • Comprehensive deposit and withdrawal methods
  • Instant deposit processing
  • $30 welcome bonus for new accounts
  • Live chat option for immediate assistance
  • Client funds are held in segregated trust accounts
CONS:
  • Lack of transparency and information on the website
  • Limited educational resources
  • Trading platforms not available for mobile
  • Only one regulatory authority
  • No details available on tradable assets
  • Lack of detailed comparison for different account types
  • Limited customer support channels
Oroku Edge, established in 2020, has entered the online trading landscape with a promise of improved technology, competitive spreads, and top-notch assistance for traders. However, the lack of vital information about their operations raises questions about their proclaimed transparency. Is Oroku Edge truly the next big thing in online trading, or is it just another name in the crowd? This review will delve into the details and reveal all.
More details +
Trust
3
Fees
5
Platforms and Tools
3.5
Customer Support
3
Tradeable Instruments
3.5
Account Types and Terms
4.5
Deposit and Withdrawals
0
Research and Education
0
PROS:
  • Variety of account types (Cent, Standard, ECN)
  • Supports MetaTrader4 platform
  • Daily commission payments for IBs
  • Customizable affiliate program structure
  • Regular promotions and special offers
  • High leverage available
  • Available to Indonesian clients
CONS:
  • Lack of information on assets.
  • Absence of details on deposit and withdrawal methods
  • Unclear negative balance protection policy
  • Sparse customer support
  • Minimal regulation (only SVG)
  • Absence of educational resources
  • Unclear operating regions
Show next
PIP Penguin
Logo