Best Forex Brokers by Country 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 from 14 countries.

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

CountryAbout Our TestOur Review
USABest Forex Brokers in USA
UKBest Forex Brokers in UK
AustraliaBest Forex Brokers in Australia
New ZealandBest Forex Brokers in New Zealand
CanadaBest Forex Brokers in Canada
CyprusBest Forex Brokers in Cyprus
UAEBest Forex Brokers in UAE
SingaporeBest Forex Brokers in Singapore
KenyaBest Forex Brokers in Kenya
IndiaBest Forex Brokers in India
NigeriaBest Forex Brokers in Nigeria
South AfricaBest Forex Brokers in South Africa
PhilippinesBest Forex Brokers in Philippines
MalaysiaBest Forex Brokers in Malaysia

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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