Forex Broker Reviews 2025

FXTM

Cyprus

Regulated

Established: 2011

Score: 4

Leverage: Up to 1:2000

Deposit: From 200 USD

Spread: Low

Broker type: ECN

Leverage: Up to 1:2000

Deposit: From 200 USD

Spread: Low

Broker type: ECN

Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), FXTM Trader (Proprietary mobile app)

Payment Methods:

IronFX

Cyprus

Regulated

Established: 2010

Score: 3

Leverage: Up to 1:1000

Deposit: From 50 USD

Spread: Low

Broker type: ECN, STP

Leverage: Up to 1:1000

Deposit: From 50 USD

Spread: Low

Broker type: ECN, STP

Platforms: MetaTrader 4 (MT4), MetaTrader 5 (coming soon)

Payment Methods:

FXChoice

Myanmar

Regulated

Established: 2010

Score: 3

Leverage: Up to 1:200

Deposit: From 100 USD

Spread: Low

Broker type: MM

Leverage: Up to 1:200

Deposit: From 100 USD

Spread: Low

Broker type: MM

Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader (for both MT4 and MT5), Mobile Platforms (iOS and Android)

Payment Methods:

LMFX

Myanmar

Non Regulated

Established: 2015

Score: 4

Leverage: Up to 1:1000

Deposit: From 50 USD

Spread: Low

Broker type: NDDlm

Leverage: Up to 1:1000

Deposit: From 50 USD

Spread: Low

Broker type: NDDlm

Platforms: MetaTrader 4 (MT4)

Payment Methods:

FBS

Myanmar

Regulated

Established: 2009

Score: 3

Leverage: Up to 1:3000

Deposit: From 5 USD

Spread: Low

Broker type: MM, STP

Leverage: Up to 1:3000

Deposit: From 5 USD

Spread: Low

Broker type: MM, STP

Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), FBS Mobile App (iOS and Android)

Payment Methods:

N1CM

Vanuatu

Regulated

Established: 2017

Score: 3

Leverage: Up to 1:1000

Deposit: From 5 USD

Spread: Medium

Broker type: ECN, STP

Leverage: Up to 1:1000

Deposit: From 5 USD

Spread: Medium

Broker type: ECN, STP

Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)

Payment Methods:

Hugo's Way

Cyprus

Regulated

Established: 2020

Score: 3

Leverage: Up to 1:500

Deposit: From 50 USD

Spread: Medium

Broker type: ECN, STP

Leverage: Up to 1:500

Deposit: From 50 USD

Spread: Medium

Broker type: ECN, STP

Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)

Payment Methods:

xChief

Seychelles

Regulated

Established: 2021

Score: 3

Leverage: Up to 1:500

Deposit: From 100 USD

Spread: Medium

Broker type: STP, ECN

Leverage: Up to 1:500

Deposit: From 100 USD

Spread: Medium

Broker type: STP, ECN

Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)

Payment Methods:

DeltaFX

Saint Vincent and the Grenadines

Regulated

Established: 2009

Score: 3

Leverage: Up to 1:1000

Deposit: From 1 USD

Spread: Low

Broker type: Market Maker

Leverage: Up to 1:1000

Deposit: From 1 USD

Spread: Low

Broker type: Market Maker

Platforms: MetaTrader 4 (MT4) available for desktop, web, and mobile

Payment Methods:

Saxo Bank

Denmark

Regulated

Established: 1992

Score: 4.5

Leverage: Up to 1:100

Deposit: From 500 USD

Spread: Low

Broker type: MM, ECN, STP

Leverage: Up to 1:100

Deposit: From 500 USD

Spread: Low

Broker type: MM, ECN, STP

Platforms: SaxoTraderGO, SaxoTraderPRO, SaxoTrader Mobile

Payment Methods: