Demo Account Guide
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Broker Finder: Follow the Steps to Pick Your Ideal Broker

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Are you looking for the best broker for your needs? To make it simple, this page will help you find the most ideal broker based on your preference. The only thing you need to do is answer the questions, go with the flow, and voila! The brokers you dream of will be shown.

How much is your capital?


Do you live in the United States?


Other than Forex, do you have any alternative instruments that you want to trade?


What do you want to trade?


Do you have a preference in the regulatory license?


What license your broker has to have?



Do you have a preference in the broker's experience?


How many years of experience do you need for the broker?


Which online payment method do you use?



Which ones of these following types of accounts do you need?


Which ones of these following features do you want?


You're at the end of the journey

The following brokers are the final answers that you look for. Good luck and have a successful trading!


If you're still undecided because the results show a number of brokers, you can compare them side by side with Forex Broker Comparison tool.

choose one of the available options


Additional FAQ

Learn from your previous mistake and find a better broker with credible service and reliable support. Taking other traders' recommendations into account is also a good way to start your search for a better broker.

That way, you can be ive of the number of Forex brokers available before opening an account.

There are several ways of finding a better broker. But, the most common method is probably based on the broker's regulations, including ASIC, FSA, CySec, FCA, and many more.

Continue Reading at How to Deal with Problematic Brokers in 6 Easy Steps

Accordingly, there are two major reasons why many forex brokers opt for multiple licenses:

  1. To comply with regulatory frameworks in the countries where they offer trading services.
  2. To maintain market integrity and build investor confidence in the company.

Continue Reading at Guide to Forex Brokers with Multiple License

Withdrawal issues are the most common problems with brokerage companies. On the other hand, making deposits usually comes smoothly because no one will deny taking your money. That is why it is crucial to check a broker's withdrawal and read the user reviews on that matter before opening an account. 

Continue Reading at eToro Withdrawal: Limit, Fees, and How-to

There are several common modus operandi in the industry, such as:

  1. Purposefully executing and filling your orders at worse prices (artificial slippage).
  2. Sending out your orders to be executed by their affiliated liquidity providers.
  3. Disproportionate swaps fee.

Continue Reading at Can ECN Brokers Cheat on You?

Faq
  • Choose your ideal answer from each question. Since we have designed the questions as the guides to filter the brokers based on minimum deposit, allowed countries, trading instruments, etc, you will find recommended broker(s) for you at the end of the question.
  • Beginner-friendly brokers typically have low minimum deposits, low spreads, special features for trading education, and reliable customer support. By using the Broker Finder, you can at least find the best brokers for beginners by their minimum deposits and the availability of free education feature.
  • A legit broker has an official address and is registered under certain regulatory bodies. In this Broker Finder, you can see the options of legit brokers by checking the "Yes" box when asked about the regulatory license, then choose which license that you prefer.