Top Rated Forex Brokers Recommended by Experts (Best Brokers for Beginners)

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Top Rated Forex Brokers Recommended by Experts (Best Brokers for Beginners)

Here are the best brokers to use when engaging in forex trading.

Top Rated and Efficient Forex Brokers (Best for Beginners)

BrokerMin DepositRegulationBonus
Amarkets img$200FSAN/A
Amarkets img$200FSA25%
Amarkets img$200ASIC, FCA$10
$10N/A100% Deposit Bonus
BrokerMin DepositRegulationBonus

Finding Top Rated Forex Brokers for beginners can be challenging, not anymore.

We have compiled a list of the Top Rated Forex Brokers in the industry offers. These are forex brokers who have been tested and proven to work.

How did we test these brokers?

The testing was conducted using different features that align with trading. That includes easy opening an account (minimum deposit), withdrawals, regulations, and bonuses.

Other criteria used included ease of communication and fair trading conditions.

The Top Rated Forex Brokers for Beginners is a list that would fit even the newbies of online investment.

Try SMARD today, it is a bot designed for crypto traders and investors which uses advanced algorithms to profit from market fluctuations. No programming or trading knowledge is required to start. The algorithm relies on momentum effect strategies to systematically identify market winners. Below are the key reasons why everyone loves    1. You get up to 5% average monthly return on your starting capital.    2. The 10% monthly service fee is charged from your profits only. They don't make money unless you do!      3. You can start with as little as $1000 in your exchange account, meaning that you just need to connect your existing exchange (or open a new one) with Smard and begin trading right away!    4. No upfront payments for the service.    5. It's a smart way of investing in your favourite crypto coins - btc/altcoins, hurdling them while at the same time growing their values through auto-trading instead of just buy and forget.   Operating through API keys, SMARD ensures secure connections without requiring fund transfers to third parties. No upfront payment or card linking is needed. Try Smard today and see the real potential of your crypto portfolio, no upfront fees to pay!

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Listed brokers have years of experience and can offer much more than just trading. You can use robots to earn passive income with some of these brokers.

Without further ado, let’s take a closer look at the Top Rated Forex Brokers

1. IC Markets

IC Markets Broker Review

IC Markets is at the top of the list thanks to its world-class trading experience and fair trading conditions.

Members get free VPNs and an automated trading system offering an edge. Enjoy ALGO trading with 60% of all traders using this method.

Traders on the platform enjoy 61 products on the forex market, 25 indices, and 9 bonds. There are over 2,100 stock products and over 21 digital currency products.

You also get to trade with powerful terminals, including MT4 and MT5. These terminals are compatible with all devices, including desktop and mobile.

With fast withdrawals and instant deposits, this is one of the best brokers that guarantees fair trading.

If you are looking for Top Rated Forex Brokers for beginners, your first choice should be IC Markets.

Accounts IC Markets Top Rated Forex Brokers

There are three account types to choose from with IC Markets.

These include cTrader, Raw Spread, and Standard accounts. With two raw spread accounts to choose from, investors enjoy a small commission of $3.50 per lot.

The minimum investment deposit is $200 across all three accounts. It goes to show the platform does offer a fair and leveled deposit minimum.

All trading styles are allowed on IC Markets, making it the best Top Rated Forex Broker.

Advantages of IC Markets

Let’s take a closer look at the advantages of IC Markets

Spread starts from 0.0 pips for raw spread accounts and 0.6 for the standard account. Investors also enjoy a high leverage of 1:500 on all assets.

The minimum number of positions you can hold is 200 and 2000, respectively, for raw and standard accounts.

Online click trading is possible with stop-out level set at 50 percent. There’s no order distance restriction with IC Markets.

Based on independent reviews, we give IC MARKETS 4.8 out of a possible 5 star rating.

Why we recommend IC Markets

Beginners usually find a rounded broker who offers everything from fair trading conditions to low minimum deposits.

Top Rated Forex Brokers usually have a tightrope against newbies regarding commissions and rates.

Not with IC Markets; we highly recommend this broker.

2. A Markets

A Markets Top Rated Forex Brokers

A Markets is one of the most affordable and Top Rated Forex Brokers we have in the industry. The broker also has one of the largest leverages in the industry.

Traders enjoy a maximum leverage of 1:3000 on some of the products with execution speeds marked at 0.03s.

Members also get a 25 percent bonus on their first bonus which is one of the more enchanting features for newbies.

A Markets makes it to the Top Rated Forex Brokers list for beginners due to the initial deposit and fair trading conditions.

There’s also the crypto asset factor, with the broker offers three of the most lucrative crypto assets to trade with.

These include BTC, ETH, and LTC, with leverage for these assets set for 1:3. For crypto trading, the acceptable minimum deposit is $100.

There’s a recurring 50 percent promotion on cryptocurrencies making it one of the best brokers for crypto trading targeting beginners and expert traders.

A Markets is one of the Top Rated Forex Brokers thanks to the client’s success rate market at 34.47 percent, the second highest in the industry.

With over a decade of successful trading, A MARKETS offers traders a chance to increase their ROI within the first few days of trading.

A member of the Financial Commission, A Markets follows set regulatory rules and guarantees the safety of funds.

Advantages of A Markets Top Rated Forex Brokers

It offers one account for all, which means you get an interactive account bearing all assets with favorable trading conditions.

Leverage positions on these assets make A Markets one of the most favorable top rated forex brokers in the industry.

There are no restrictions that would limit investors from enjoying a favorable outcome with A Markets.

Why we consider A Markets as one of the Top Rated Forex Brokers

One of the reasons why this broker is at the top of the list is client success. Most of the clients who sign up exceed expectations.

Newbies also get to take advantage of high leverage and use available charting tools to predict the market correctly.

You need to invest in reasonable forex trading brokers such as A Markets and use them to ensure there’s magic in your trading.

3. ForexSignals

ForexSignals Best Learning Platform for Online Trading

ForexSignals is another reputable forex trading brokerage service provider. The platform makes it to the top rated forex brokers list thanks to the high success rate.

You get a broker offering immense services, including forex trading signals with near-accurate prediction.

Even skilled traders rely on some of the signals provided by Forex signals making it a must-have for newbies as well.

With access to a trading room where you get to interact with other traders, you need to opt for reliable investment solutions such as forex signals.

There are several strategies on offer from expert traders who started the platform. You also get exceptional learning materials to help you become an expert trader.

With a minimum deposit of $200, the platform is ASIC and FCA-regulated meaning your funds are totally safe.

Advantages of ForexSignals

Members get to learn how to trade, thanks to professional coaches on the platform properly. You also get to chat with the pro trading coaches on

Why we recommend forex trading signals

ForexSignals is one of the top rated forex brokers for a reason, and you enjoy over 300 hours of learning materials.

Signing up is easy and you can start learning how to trade when you’re free.

4. Coinexx

For traders looking for access to cryptocurrency assets, Coinexx is the broker for you. It also gives traders one of the best sign ups with 100% deposit bonus. The acceptable minimum deposit with Coinexx is $10.

Leverage for all assets on the platform are set at 1:500 which makes Coinexx a high risky platform with high rewards. Spreads start from 0.1 pips and there are a ton of trading instruments.

Available trading instruments include commodities, cryptos, forex, indices, and stocks. Margin and stop out are 70% and 50% respectively. The platform has the most affordable commissions and fees in the industry.

Support from Coinexx is exceptional making it one of the best trading platforms. Available platforms include MT4 and MT5 terminals giving traders a user-friendly interface to trade with. You also get three account types with Coinexx.

There’s an affiliate program with the platform accepting and offering Mobile trading platforms.

Advantages of Coinexx

With several contests available, the biggest one has to be the 100% deposit bonus for new members as well. Free VPS are available giving traders a chance to get in touch with exceptional trading signals.

Depositing and withdrawing funds is exceptional with the platform offering immediate withdrawals. The platform allows a maximum trading quantity of 200 lots with members having access to ask for more leverage.

The secure client area gives traders a chance to interact with support therefore requesting more leverage if need be. For those looking for an offshore brokers, this is the best platform as it has been in the game for years.

With an acceptable minimum deposit of $10, it gives all access to traders. The platform also has an exceptional educational platform giving traders a chance to learn and horn their skills on the go.

MT4 and MT5 trading terminals are another exciting feature with Coinexx.

Sign up Here


35 Replies to “Top Rated Forex Brokers Recommended by Experts (Best Brokers for Beginners)”

  1. × Alert!
    • - Can't withdraw your funds from this fraudulent company?
    • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
    • - Or is there an excessive delay in processing your withdrawal?
    • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?

    It's a CONFIRMED scam company, recover your stolen funds by clicking the button below, then fill out the form and you will get a FREE Mychargeback consultation today:

    Click the button below, fill out the form to recover your lost funds from this scam company

    Click Here To Recover Your Stolen Funds
  2. Agradezco su información, tengo tiempo tratando de conseguir datos que me ayuden a invertir en Forex y hasta ahora los veo muy convincente. Gracias.

  3. I didn’t see any review done on blue trading . May I know if blue trading is a scam or it is real legitimate and trustworthy PAMM account management service? Have any scale reports arise from this blue trading service? Just how reputable is this company and how good are their returns?

  4. Thank you Val, it is good to review about this brokers. Personally I have lost money on one broker called Leo Markets. Their websites no longer exist and they are no longer answering my calls or atleast call me, so it is very important to review this brokers first.

  5. Thank you for your warning, i almost invested my hard earned money. Kindly advice me on these self aclaimed investers:

  6. Hi is UFT GROUP a scam. Ive invested $250 and the broker keeps on ringing me to invest more

  7. es libramarkets una plataforma de estafa invertí hace un mes aproximado un dinero que tenía ahorrado y aunque no he perdido leo cosas que me generan dudas ,no se nada de inversión y lo hice por una entrevista que ví en tv España a un cocinero prestigioso que recomenedaba invertir en cryptomonedas y era muy rentable,¿Como podría obtener informacvión telefonicamente,GRACIAS

  8. Invertí 250 USD en
    Los comentarios de clientes son terribles. Creo que perdí mi dinero. Me podrian ayudar?

  9. Hola Ángeles te diré que como soy otro que invertí en libramarkets y me siento estafado llevo algo más de un mes detrás de que me devuelvan el dinero que invertí pero no hacen más que marear me llaman para decirme que siga con ellos cuando les digo que no quiero seguir me dicen que tengo que solicitar la devolucion a través de correo electrónico en su pajina web a si lo e echo pero a un no e tenido ni contestación ni llamada a si es que estoy en que es un fraude se que hay una plataforma de afectados y que hay quien ya los a denunciado para ver si los cojen y que al menos dejen de estafar a personas como nosotros a los que nos cuesta ganar el dinero. Te doi mi teléfono por si q
    Quieres escribirme por wasp o para ablar acerca de esto un cordial saludo Fran

  10. Hello .
    I hope I can find a good broker. If anyone has a good experience and recommend me will appreciated.
    I had 2 bad contact, 1 is got €250, the other is not taken yet, bot I am affraid they will shortly.
    The problem is, very hard to find a good and correct.
    Thanks for everything.

  11. Hi. I need info on expertsbinarytrade. To see if the are legit. The about us page doesn’t exist. Would really appreciate the info.

  12. I have invested hundreds of thousands of dollars with Eliumcoin and now cannot even communicate. Can you provide any info or help?

  13. Maureen, based on my beginning experience in recent days, sounds like u got a scammer like i did…called LegalTrader. Now i work on retrieving my deposit, thankfully a low amt. Since posting ur comment in 2019, what result has transpired 4 u? Retrieval? Was it actu a scam? Did u make any $..? Could u withdraw it if made?

  14. Palotraders took me to cleaners i out lot in and they will not let me have any moneys back, been trying for 10 weeks so far .

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