Whether you’re a novice or an experienced trader, choosing the best forex broker is a critical step in becoming successful at trading. The right broker will provide a seamless trading experience, robust security measures, and the tools you need to succeed. But how do you know which broker is the right fit for your trading style and experience level?

To help you choose the best fx broker for your needs, we’ve reviewed and ranked dozens of brokers based on their breadth of products (currency pairs, CFDs, indexes, commodities, spread betting, and cryptocurrencies), fees, including spreads and commissions; trading platforms (web-based, downloadable software, mobile, and charting), educational and training resources, customer support, and regulatory safeguards. We’ve also considered the trustworthiness of each broker based on feedback from their customers.

Best FX Brokers for 2024: Top Choices for Forex Traders

As a leading online CFD and forex broker, IG offers a user-friendly platform, low trading costs, and an extensive range of assets. Its focus on functionality and simplicity makes it well-suited for beginner traders, as does its emphasis on customer service and education. IG’s fees are competitive within the industry, and it has no deposit or withdrawal fees. However, it’s important to check for other charges, such as dormant account fees and inactivity fees. These fees can quickly eat into your profits if not carefully managed. To avoid them, we recommend you check the broker’s website for detailed information on their fees. Alternatively, you can check the regulator’s website to ensure that the broker is correctly licensed.