Best Forex Broker Comparison 2022
Find the best forex broker comparison in 2022. With our deep research, we found the best forex broker like FP Markets, FX Pro, FXChoice, IC Markets, XM and FBS on our forex broker comparison list based on lowest spreads, no deposit and withdrawal fees, trading platforms, fast execution, and high-quality customer support. Start your trading now with the best forex broker.
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| RANK | VISIT BROKER | REGULATION | MIN DEPOSIT | DEPOSIT BONUS | RATING | MAX LEVERAGE | PAYMENT SYSTEM | SUPPORT | START TRADING |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ASIC, CySEC | $100 | No Bonus | 99Read Review | 500:1 |  |    | Open an AccountMore Information | |
| 2 | FCA, CySEC, FSCA, SCB | $100 | No Bonus | 94Read Review | 100:1 |  | | Open an AccountMore Information | |
| 3 | FSC | $100 | 65% | 92Read Review | 200:1 |  | | Open an AccountMore Information | |
| 4 | ASIC, CySEC, FSA, SCB | $200 | No Bonus | 91Read Review | 500:1 |  | | Open an AccountMore Information | |
| 5 | ASIC, CySEC, FSC | $5 | Up to $5000 | 90Read Review | 1000:1 |  | | Open an AccountMore Information | |
| 6 | CySEC | $1 | 100% | 89Read Review | 3000:1 |  | | Open an AccountMore Information | |
Forex Broker Comparison Regulations and Licenses
Forex Broker Comparison Brokerage
FP Markets: They Have Over 13,000+ Trading Instruments
Welcome to our FP Markets review on our best forex broker comparison 2022, where we talk about one of the biggest brokers in the world. Based in Australia and allowing international clients to participate, the broker uses ECN pricing and Direct Market Access to CFDs. This results an attraction to the traders and makes FP Markets on the top of our forex broker comparison list.
With their selection, it is easy to see why people would prefer to use FP Markets real accounts and their efficient methods of trading and blazing fast execution speeds.
FP Markets is the best platform for forex trading when it comes to the variety of what they offer:
- High leverage of up to 500:1
- Near-instant execution
- Hosts popular forex platforms
- Free demo account available
- A variety of CFD instruments
The Range of Markets Offered
FP Markets offers access to over 13,000 trading instruments which make FP Markets one of the best forex brokers that you can find on our forex broker comparison. Some of the products and markets FP Markets offers that include:
- CFD in Stock
FP Markets allows the trading of shares using metaTrader 4, metaTrader 5 and IRESS. When using MT4, you will have access to 20 stocks. You will also get ECN prices on these. The fees are in the spreads and eliminate commissions.
IRESS offers more stocks, numbering in the thousands for trading using Direct Market Access and fast executions, with commissions at 0.08% per side.
- Forex Trading and International Futures CFDs
The broker has over 70+ currency pairs that include all major pairs like EUR/USD, AUD/USD, and GBP/USD with a starting of 0.0 pips that is why FP Markets on our best forex broker comparison list. All these can be traded using FP Markets’ MT4 and MT5 or any platform available.
Our best forex broker comparison where we compared FP Markets with other 5 popular brokers in the market. With the FP Markets you will access CFE, CME, CBT, and NYM. When you are trading these and other CFDs, you will have three account types to choose from.
The details for the accounts are:
STANDARD
You will need a minimum opening balance of $1,000. The Brokerage rate is $10 min, then 0.1%, and Financing at FP Markets Base rate of +4.0%.
PLATINUM
This account type requires a minimum opening balance- $25,000, and the brokerage rate is $9 min, then 0.09%. Financing for FP Markets Base rate is at +3.5%. This account is voted as one of the best trading account on our forex broker comparison.
PREMIER
Considered the best option in most of our forex broker reviews, it has a minimum opening balance of $50,000 and a brokerage rate of No minutes, then 0.08% and a Financing FP Markets Base rate of + 3.0%. As usual, be careful when dealing with CFDs because of how volatile things can get. This account is considered as top in our forex broker comparison.
- Index CFDs
The index options you will get here are some of the best brokers compared in our forex brokers comparison list regulated by ASIC. Markets you can trade here include the FTSE 100, Dow Jones, NASDAQ, and the Sydney Futures Exchange.
When you are a trader who wants to use the Index CFDs and open positions on the whole market instead of an individual stock, FP Markets is one of your best forex brokers to consider. In our forex broker comparison with most forex brokers who focus on just trading, FP Markets’ range of markets and services make it one of the leaders among the many top forex brokers we have in the market today.
Maximum Leverage Offered
FxPro: Best For Brokers Who Want Many Choices in Trading CFD and Forex Markets
When it comes to reputation and trustworthiness, FxPro scores quite high in the UK. The company was founded in 2006 in the U.K. and has executed more than 250,000,000 orders. In 2017, they were voted the most trusted forex brand in the U.K. and in our forex broker comparison list.