Find Your Ideal Forex Broker: Trusted Reviews at a Glance

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TriumphFX is an NDD/STP broker that has been offering online trading since 2009. It further boasts that the broker has won several accolades for being the most trustworthy broker, including one in 2017.
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Trust
0
Fees
3.5
Platform and Tools
5
Customer Support
0
Tradeable Instruments
1.5
Account Types and Terms
5
Deposit and Withdrawal
4
Research and Education
0.5
PROS:
  • 7 different accounts to choose from
CONS:
  • The asset list is small
  • There is no customer support
  • Potentially a scam
FxPro, a prominent London-based European online broker that specializes in providing an extensive range of contracts for difference (CFD) across various asset classes. With a strong presence in the trading world and a commitment to excellence, FxPro is the go-to choice for retail clients seeking a reliable and dynamic trading experience. Let's see how they fair in this review.
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Trust
6
Fees
6
Platforms and Tools
8.5
Customer Support
5
Tradeable Instruments
6
Account Types and Terms
7
Deposit and Withdrawals
4.5
Research and Education
2.5
PROS:
  • Regulated by top-tier authorities
  • Multiple trading platforms
  • Competitive spreads and pricing
  • Wide range of trading instruments
  • No dealing desk intervention
  • Excellent 24/5 customer support
  • Rich educational resources
CONS:
  • Limited availability in some regions
  • No US clients
  • Inactivity fee
  • Limited deposit/withdrawal options
  • Risk of slippage
  • No social trading
  • High minimum deposit
TRUSTED
IUX is a FOREX CFD trading broker that was established in 2016 and currently has over 180,000 users worldwide. It supports 10 languages including Thai. It has a modern and attractive website to use. The details and advantages are clearly visible from the first page of the website. In addition, IUX is a fast-growing and popular broker in Thailand.  
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Credibility
7.1
Fee
5
Platform
7
Customer Care
7.1
Tradeable Assests
6
Account-Type
7
Deposit Withdrawal
7
Knowledge Source
6.2
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.
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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
TRUSTED
Traze is a regulated online broker offering various financial instruments, user-friendly trading platforms, and tailored account types to cater to traders of all experience levels. Even though they are relatively new on the scene they have made an impact. This review goes over what sets them apart.
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Trust
8
Fees
7.5
Platforms and Tools
7.5
Customer Support
7.6
Tradeable Instruments
7.6
Account Types and Terms
8
Deposit and Withdrawals
8
Research and Education
5
PROS:
  • Regulated by top-tier authorities (FCA and ASIC)
  • Negative balance protection on all account types
  • Financial Compensation Scheme (FSCS) protection up to £85,000
  • Wide range of deposit and withdrawal methods
  • 24/7 customer support through various channels
  • Partnership programs for Introducing Brokers and Affiliates
  • User-friendly and intuitive trading platform (MetaTrader 4)
CONS:
  • Limited promotional and special offers for new clients
  • Not available in certain countries due to regulations and restrictions
  • No promotions currently available for retail clients
  • Broker relatively new in the industry
AximTrade is an international online brokerage and proud sponsor of the Alfa Romeo F1 team. According to WikiFX, they have only been in operation between 2 and 5 years, and in that time, they have amassed over 100 thousand active clients. They offer their clients the chance to trade forex, metals, energies, stocks, indices (indexes), and commodities in the form of CFDs with incentives such as flexible leverage and an asset list that exceeds 100 trading instruments.
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Trust
5
Fees
5
Platforms and Tools
5
Customer Support
5
Tradeable Instruments
4
Account Types and Terms
5
Deposit and Withdrawals
8
Research and Education
1
PROS:
  • Flexible high leverage
  • Regulated by multiple authorities (ASIC and FSA)
  • 1 USD minimum deposit on most accounts
  • ECN account
  • MT4 is standard
  • Over 49 forex pairs to trade
  • AximTrade mobile app
  • Multiple payment gateways
  • Registration is easy
CONS:
  • High leverage means high risk
  • Their assets list is limited
  • Only MT4 is available
  • Spreads are average except for the ECN account
  • Not available in many countries
LiteForex has been an online broker for almost two decades as they began operating in 2005. They hold a brokerage license with CySEC and operate throughout the globe providing ECN forex trading and CFD trading in the form of commodities, stocks, indices, and crypto. This review breaks down what you need to know about this broker.
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Trust
4
Fees
5
Platforms and Tools
5
Customer Support
4.5
Tradeable Instruments
5
Account Types and Terms
4
Deposit and Withdrawals
5
Research and Education
2.5
PROS:
  • Founded in 2005
  • Two account types
  • ECN broker
  • Low minimum deposit
  • MT4 and MT5 are available
  • Easy registration process
  • Investor compensation scheme of up to 20,000 EUR
  • Social/copy trading
CONS:
  • Only regulated by CySEC and MiFID
  • Negative balance protection may only apply to ECN accounts
  • Website is overwhelming
  • Lack of trading resources
  • Not many promotional offers
In operation since 2014, Olymp Trade has established itself amongst one of the most popular online brokers even having Ronaldinho (retired Brazilian Footballer) on their sponsorship roll. They have millions of clients and have had their mobile app downloaded over 44 million times. Let's look into this broker and see if their services, features, and fees are inline with massive popularity they have.
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Trust
7
Fees
5
Platforms and Tools
5
Customer Support
6.5
Tradeable Instruments
4
Account Types and Terms
1
Deposit and Withdrawals
7
Research and Education
4.5
PROS:
  • 10 USD minimum
  • Demo trading account is great for beginners
  • User-friendly platform
  • Regulated by FinaCom
CONS:
  • Very few trading instruments
  • Only two trading platforms
  • No MetaTrader
  • Various trading conditions for different assets
AxiCorp Financial Services Pty Ltd was established in 2007. They are an Australian online broker that deals in forex and CFDs and is regulated by three highly reputable authority commissions, including ASIC, FCA, and DFSA. They also boast of having over 60,000 traders that span more than 100 countries worldwide. What else do they offer?
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Trust
7
Fees
7
Platform and Tools
5
Customer Support
6.9
Tradeable Instruments
6
Account Types and Terms
6
Deposit and Withdrawal
8
Research and Education
7
PROS:
  • Very low forex fees
  • No withdrawal or deposit fees
  • Creating an account is fully digital
  • Regulated by three authorities
  • Deposit insurance and compensation plans are available
  • A typical range of tradable instruments on offer
CONS:
  • Demo account is only available for 30 days
  • Users have experienced problems withdrawing funds
  • The account verification is complicated and drawn out
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.
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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
PROS:
  • Regulated by the Financial Sector Conduct Authority (FSCA), ensuring strong client protection.
  • Supports USD, EUR, GBP, and other major currencies for flexible funding.
  • Advanced algorithmic trading capabilities with API access for full automation.
  • Wide range of assets: equities, derivatives, bonds, ETFs, commodities & cryptocurrencies.
  • No regular account maintenance fees when accounts are active.
CONS:
  • Minimum deposit requirement of ZAR 10,000 may be high for some beginners.
  • Slightly higher average forex spreads (1.5 pips) than sub-pip competitors.
  • Lacks support for popular retail trading platforms like MT4/MT5.
  • Currency conversion fees apply between 0.5%-2% on multi-currency accounts.
  • Negative balance protection details are unspecified.
PROS:
  • Regulated by the UK Financial Conduct Authority (FCA) for strong client safety.
  • Offers MetaTrader 4/5 and proprietary KimuraTrader platform—available on desktop and mobile.
  • Advanced algo-trading support with API access; full compatibility with EAs/scripts.
  • Over 200 assets: forex pairs, stocks, indices, commodities, bonds, ETFs & cryptocurrencies.
  • Integrated loyalty program rewards active traders with spread reductions and exclusive benefits.
CONS:
  • Inactivity fee of $10/month after six months if balance is under $100.
  • International bank withdrawals incur a fixed $25 fee per transaction.
  • Credit/debit card deposits attract a 2.5% processing fee.
  • Restricted in several major countries including US and Japan due to regulations.
  • Currency conversion fees apply outside base USD/EUR/GBP/JPY/AUD/CAD/CHF pairs.
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