Forex Broker Reviews 2021

Up to June 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.

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

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

Please see the list below

Forex BrokerAbout Our TestOur Review
Trading 212Deposit Amount: Over €5,500
Total Trade: 15 trades
Trading 212 Review
eToroDeposit Amount: Over $6,000
Total Trade: 18 trades
eToro Review
TickmillDeposit Amount: Over $8,000
Total Trade: 12 trades
Tickmill Review
AvaTradeDeposit Amount: Over €4,000
Total Trade: 21 trades
AvaTrade Review
FXTM (ForexTime)Deposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
Plus500Deposit Amount: Over €6,000
Total Trade: 18 trades
Plus500 Review
AXI (AxiTrader)Deposit Amount: Over €6,000
Total Trade: 12 trades
AXI Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
Admiral MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades
Admiral Markets Review
FP MarketsDeposit Amount: Over €6,000
Total Trade: 12 trades
FP Markets Review
FxProDeposit Amount: Over €5,000
Total Trade: 15 trades
FxPro Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades
Pepperstone Review
CMC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
CMC Markets Review
IC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
IC Markets Review
Markets.comDeposit Amount: Over €4,500
Total Trade: 12 trades
Markets.com Review
Vantage FXDeposit Amount: Over €5,000
Total Trade: 15 trades
Vantage FX Review
ThinkMarketsDeposit Amount: Over €5,000
Total Trade: 15 trades
ThinkMarkets Review
Amana CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades
Amana Capital Review
GO MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades
GO Markets Review
FBSDeposit Amount: Over €5,000
Total Trade: 12 trades
FBS Review
FortradeDeposit Amount: Over €5,000
Total Trade: 12 trades
Fortrade Review
GKFXDeposit Amount: Over €5,000
Total Trade: 15 trades
GKFX Review
DarwinexDeposit Amount: Over €5,000
Total Trade: 12 trades
Darwinex Review
ActivTradesDeposit Amount: Over €5,000
Total Trade: 12 trades
ActivTrades Review
BlackBull MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades
BlackBull Markets Review
LibertexDeposit Amount: Over €5,000
Total Trade: 15 trades
Libertex Review
ICM MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
ICM Markets Review
Capital.comDeposit Amount: Over €3,500
Total Trade: 15 trades
Capital.com Review
RoboMarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
RoboMarkets Review
INFINOXDeposit Amount: Over €4,000
Total Trade: 9 trades
INFINOX Review
FXFlatDeposit Amount: Over €5,000
Total Trade: 12 trades
FXFlat Review
DukascopyDeposit Amount: Over €4,000
Total Trade: 15 trades
Dukascopy Review

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.

I am passionate about observing foreign exchange movements, sharing educational insights into the financial markets.

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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