Best Forex Brokers by Category 2021

Up to July 2021, we have tested 33 forex brokers by opening 33 live accounts, depositing over US$150,000, placing over 400 trades and making over 120 deposits and withdrawals by various trading accounts type and conditions.

To create in-depth and unbiased forex broker reviews by offering, we

  1. checked the broker licenses and status in each country
  2. opened a real account with the brokers
  3. made real money deposit between $4000-$8000
  4. placed 3 trades in the popular instrument of each market to determine the average spread
  5. reached out to the broker’s customer support team to resolve the issues we encountered
  6. withdrew all our funds to see the withdrawal time and if there are any delays or issues with withdrawals
  7. compared trading data and experience to pick the best brokers

Please see the brokers by country list below

CategoryOur Review
Way to TradeBest Binary Options Brokers
Way to TradeBest Spread Betting Platforms
Way to TradeBest CFD Brokers
Account TypeBest ECN Forex Brokers
Account TypeBest Forex Brokers Offering ZAR Account
Account TypeBest Islamic Swap-Free Forex Brokers
Account TypeBest Forex Brokers Offering Cent & Micro Account
Trading ConditionBest High Leverage Forex Brokers
Trading ConditionBest Zero Spread Forex Brokers
Trading ConditionBest Lowest Spread Forex Brokers
Social TradingBest Forex Brokers with ZuluTrade
Social TradingBest Social Trading Platforms
Social TradingBest Forex Copy Trading Platforms
Trading PlatformBest MT4 Forex Brokers
Trading PlatformBest MT5 Forex Brokers
Trading PlatformBest Forex Trading Platforms
Trading PlatformBest Forex Trading Apps
Trading PlatformBest Day Trading Platforms
BonusBest No Deposit Bonus Forex Brokers
For BeginnerBest Forex Brokers for Beginners
For BeginnerForex Trading for Beginners
For BeginnerForex Trading Courses

Author of this review

By George Rossi

Author of this review

I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader.

Now I am passionate about reviewing and comparing forex brokers.

Everything you find on BrokerTested is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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