Best Online Forex Brokers
The Internet's Most Comprehensive List
of Forex Brokers and Forex Broker Reviews

Top Rated Online Forex Brokers

Based upon average ratings from individual forex traders collected world wide from numerous websites throughout the Internet as of January 13, 2008

Broker Name (Alternate Name) Rating Web Site
1.  aleccohFx (aFx) - Possible Bankruptcy
2.  Dukascopy Swiss FX (Dukascopy)
3.  ABN AMRO Marketindex
4.  EFX Group (EFX)
5.  Delta Stock
6.  HotSpot Fx
7.  FINEX Group - Out of Business
8.  Windsor Brokers, Ltd.
9.  MB Trading
10. FCMarket
9.30
8.68
8.62
8.49
8.46
8.00
7.99
7.95
7.90
7.80
aleccohfx.com
dukascopy.com
abnamromarketindex
efxgroup.com
deltastock.com
hotspotfx.com
finex.com
windsorbrokers.biz
mbtrading.com
fcmarket.com
11. AvailTradingCorp. (ATC Brokers)
12. Questrade Inc. (Questrade)
13. Alpari IDC (Alpari)
14. MG Financial Group (MG Forex)
15. FxPrice LLC (FXPrice)
16. Forex Capital Trading (ForexCT)
17. Swiss International
18. LiteForex (Lite Forex)
19. eToro
20. My Private Trade (MyPrivateTrade)
7.69
7.65
7.64
7.63
7.54
7.46
7.44
7.40
7.36
7.20
atcbrokers.com
questrade.com
alpari-idc.com
mgforex.com
fxprice.com
forexct.com
swissfs.com
liteforex.org
etoro-forex.com
myprivatetrade.com
21. thinkorswim
22. Sucden
23. Cortal Consors
24. BGC Partners L.P. (BGC FX)
25. Capital Forex
26. IFC Markets
27. Interactive Brokers UK 
28. RJO FX
29. Real Trade Group
30. Murphy & Williams Financial Group
7.17
7.17
7.17
7.09
7.06
7.02
6.97
6.69
6.63
6.62
thinkorswim.com
sucden.co.uk
cortalconsors.com
bgcfx.com
capitalforex.com
ifcmarkets.com
interactivebrokers
rjofx.com
realtrade.lv
mwheadway.com
31. STIFX
32. PFG Forex
33. Admiral Markets
34. Oanda (FXTrade)
35. TradeStation Securities
36. FxLite
37. Exto Capital
38. FastBrokersFx
39. Advised Trading (AT Switzerland)
40. Gruppo 11 SA
6.54
6.53
6.38
6.36
6.27
6.23
6.05
6.04
5.94
5.90
stifxonline.com
pfgforex.com
fxservice.com
fxtrade.oanda.com
tradestation.com
fxlite.com
extocapital.com
fastbrokersfx.com
advisedtrading.com
gruppo11.com
41. Apex FX Trading
42. X-Trade Brokers (XTB)
43. Ikon Global Markets (IkonGM)
44. ForexWebTrader
45. FxCast
46. NTWO Capital Market (N2CM)
47. Pro Finance Group Inc. (PFGFX)
48. Synthesis Bank
49. Global Forex Trading (GFT Forex)
50. I-Trade FX, LLC (I-Trade FX)
5.72
5.70
5.69
5.66
5.54
5.54
5.45
5.42
5.42
5.34
apexfxtrading.com
xtb.com
ikongm.com
forexwebtrader.com
fxcast.com
n2cm.com
pfgfx.net
synthesisbank.com
gftforex.com
itradefx.com
51. Marketiva
52. Investment House International
53. Pip Forex
54. ICF Holdings
55. GDI Markets
56. CMG Bank & Trust (CMG Trading)
57. AL Trade Inc. (al trade)
58. Pacific Trader
59. InterBank Group
60. Velocity4x
5.18
5.16
5.14
5.03
5.00
5.00
5.00
5.00
5.00
4.99
marketiva.com
ihifx.com
pipforex.com
icfholdings.com
gdimarkets.com
cmgtrading.com
alforex.com
pacconsec.com.au
interbankgroup.com
velocity4x.com
61. Forex Club (FxClub)
62. Aaron Trading (Aaron Trade)
63. NorthFinance Ltd (North Finance)
64. FX Solutions (FX Sol)
65. Capital Market Services (CMS)
66. Interbank FX
67. HY Markets
68. FOREX YARD (FOREXYARD)
69. Western Capital (WestCapFx)
70. Realtime Forex SA
4.99
4.97
4.87
4.83
4.83
4.81
4.73
4.68
4.66
4.59
fxclub.com
aarontrade.com
northfinance.com
fxsol.com
cmsfx.com
interbankfx.com
hymarkets.com
forexyard.com
westcapfx.com
realtimeforex.com
71. ProEdgeFX (ProEdge FX)
72. MIG Investments (MIG Fx)
73. Saxo Bank London (Saxo Bank)
74. FXDirectDealers (FXDD)
75. FX | Clearing (FX Clearing)
76. ODL Securities
77. FXOpen
78. AVA FX
79. Deutsche Bank (dbFX)
80. AbleTrend
4.53
4.48
4.38
4.38
4.36
4.33
4.30
4.29
4.26
4.19
proedgefx.com
migfx.ch
saxobank.com
fxdd.com
fxclearing.ca
odlsecurities.com
fxegypt.com
avafx.com
dbfx.com
abletrendforex.com
81. Easy Forex
82. ADM Derivatives, Inc. (ADM)
83. GNI Touch
84. GAIN Capital Group (GAIN Capital)
85. IG Markets
86. Tradex Swiss AG
87. IFX Markets (CBFX)
88. Forex Capital Markets (FXCM)
89. Advanced Markets
90. E*Trade Financial (ETrade Prof.)
3.98
3.91
3.91
3.68
3.59
3.57
3.48
3.46
3.39
3.34
easy-forex.com
admd.com
gnitouch.com
gaincapital.com
igforex.com
tradexfx.com
cbfx.com
fxcm.com
amifx.com
etradeprofessional
91.  Solid Gold Financial - Out of Business
92.  iForex
93.  FIBO-FOREX.LT
94.  Orion Brokers
95.  Advanced Currency Markets (ACM)
96.  MoneyForex Financial 
97.  DirectForex, LLC - Out of Business
98.  Finotec Trading Inc. (Finotec)
99.  Spacevision Switzerland SA
100. CMC Markets
3.31
3.19
3.14
3.05
2.98
2.87
2.83
2.77
2.71
2.58
sgfs.us
iforex.com
fibo-forex.lt
orionbrokers.com
ac-markets.com
moneyforex.com
directforex.com
finotec.com
spacevision-fx.ch
cmcmarkets.com
101. Neuimex Direct Dealing (Neuimex)
102. ForexGen
103. PRO-FOREX
104. Fx-Pro
105. Plauski Financial Group
106. Performance Foreign Exchange
107. GCI Financial (GCI Trading)
108. Master Forex
109. Loyal Group Limited
110. Crown Forex SA (CFSA)
2.56
2.54
2.45
2.45
2.45
2.36
2.27
2.19
2.19
2.14
neuimex.com
forexgen.com
pro-forex.com
fx-pro.com
plauski.com
eforex-asia.com
gcitrading.com
masterforex.org
loyal-group.com
crownforex.com
111. GFX Group (GFX)
112. Hudson Global Capital
113. fxActive
114. INFX (INFX Trading)
115. Fx Direkt Bank AG (FxDirekt Bank)
116. Foreign Exchange Clearing House
2.07
2.00
2.00
1.66
1.41
1.00
forex.ch
hudsongc.com
fxactive.co.za
infx-trading.com
fxdirekt.de
forex-swiss.com
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Forex Broker News

7/3/2008 - Former Refco CEO Gets 16 Years in Prison

6/30/2008 - Rosenthal Collins Group and GAIN Capital Group Expand Strategic Alliance to Offer Futures and Forex Services to Respective Clients

6/25/2008 - ICAP Signs Market Data Pact With FX Solutions

6/25/2008 - ICAP Says Rates Trading Volume Hit New High in February

6/24/2008 - eToro Forex Trading Platform Boosted by Collaboration with ForexFace

6/24/2008 - IBFX Launches Summer Mini Challenge Extravaganza

6/24/2008 - International Consolidated Companies Appoints ODL Securities to Raise up to US $50 Million

6/17/2008 - GTL Trading Implements RTS's RTD Tango Software

5/27/2008 - Saxo Bank to Buy French Forex Broker Cambiste

5/23/2008 - Saxo Bank Launches SaxoWebTrader 2.0 and SaxoMobileTrader to Provide Mobile Access to Capital Markets

5/13/2008 - GFT Reduces Forex Spreads

4/29/2008 - FXCM Joins With CNBC To Feature Currency Trading in the CNBC.com Million Dollar Portfolio Challenge

4/28/2008 - Interbank FX / IBFX.com Unveils New No-Swap Accounts System

4/16/2008 - Arab Financial Brokers to Participate at Forex Expo in Bahrain

4/15/2008 - FXCM Launches its Enhanced Dollar Index Programs

4/14/2008 - Swiss Retail FX Rules Spell Consolidation

2/27/2008 - ACM (Advanced Currency Markets) Raises its Capital to 20 Million

2/19/2008 - FXCM Recognized as Best Forex Solution Provider

2/8/2008 - Interbank FX Provides Access to Multiple Bank Liquidity Partners

2/7/2008 - Saxo Bank Receives Accolade for Best Retail Platform

2/6/2008 - Saxo Bank Joins Reuters Prime Brokerage for Matching with JP Morgan

2/6/2008 - City Index Group Limited Acquires FX Solutions LLC

1/31/2008 - Finotec Group, Inc. Announces the Opening of its New Office in the Financial District of London, England

1/30/2008 - NFA Fines Charlotte Forex Firm Advanced Markets, Inc. and its Principals $150,000

1/28/2008 - FX Solutions Introduces Web-based GTS Forex Trading Platform

1/24/2008 - Leading Portuguese Bank Becomes Investor in Saxo Bank

1/24/2008 - National Futures Association Fines Forex Firm IFX Markets, Inc

1/22/2008 - GAIN Capital Group Completes $117 Million Investment

1/8/2008 - eToro Announces 50,000 Customers on its Forex Trading Platform

1/2/2008 - NFA Orders San Francisco Firm Solid Gold Financial Services Inc. to Pay $35,000 Fine

12/19/2007 - CFTC Sues Futures Commission Merchant Forex Liquidity LLC Alleging Undercapitalization in Excess of $11.6 Million

12/18/2007 - Tennessee Court Finds Fraud and Imposes More Than $9.9 Million in Sanctions against Tennessee Online Forex Broker FxTrade Financial and its Principals and Salespersons in CFTC Action

12/18/2007 - CFTC Sues Online Forex Broker One World Capital Group, LLC and Its President John Edward Walsh for Inability to Demonstrate it had Required Capital

12/13/2007 - NFA Orders Florida Online Forex Broker, Royal Forex Trading LLC, and its CEO to Pay a Fine of $75,000

12/9/2007 - Interbank FX Honored as Best Foreign Exchange Broker

12/7/2007 - Interactive Brokers Named World's Best Online Forex Broker by Price in Top Magazine Poll

12/6/2007 - PFGBEST.com Retail Forex Trades Boosted by FX Express Platform

12/5/2007 - NFA Takes Emergency Enforcement Action Against California Online Forex Broker, Forex Liquidity LLC

12/3/2007 - Long Ridge & Lehman Brothers Among Investors Agreeing To Buy 35% of FXCM

12/3/2007 - NFA Takes Emergency Enforcement Action against Illinois Online Forex Broker, One World Capital Group LLC

11/26/2007 - Finotec Trading UK, Limited, a Subsidiary of Finotec Group, Inc., Receives FSA Approval

11/21/2007 - Interactive Brokers Buys FutureTrade to Build Prime Services

11/20/2007 - Citi and Saxo Bank to Launch CitiFX Pro for Private Client Access to World Class FX Trading

11/20/2007 - Easy-Forex Diamond Sponsor of ME FX Expo

11/19/2007 - Suit Alleges Easy Forex Rewards Brokers for Client Losses

11/16/2007 - Saxo Bank Voted Best Bank for FX Investors for Second Year Running

11/15/2007 - FXCM Breaks 100,000 Accounts

11/12/2007 - Interbank FX adds IBFX Instrument Monitor to its Arsenal of Trading Tools

11/1/2007 - Online Forex Brokerage Questrade Ranks #1 for Both Fees and Customer Satisfaction in Annual Globe and Mail Survey

10/24/2007 - GFT Ranked as One of the Fastest Growing Companies in North America in Deloitte's 2007 Technology Fast 500

10/11/2007 - Icap Expands into Forex Settlement with Traiana

9/27/2007 - National Futures Association Fines New York Online Forex Broker Forex Capital Markets (FXCM)

9/26/2007 - National Futures Association Fines Interbank FX LLC $100,000

9/26/2007 - NFA Orders ODL Securities, Inc. and its Principal to Pay a Fine of $165,000

9/24/2007 - London Capital Group Limited ("LCG") Launches New Retail Platform 'Capital Forex Lite'

9/19/2007 - FX Solutions Empowering Foreign-Exchange Traders

9/10/2007 - eTORO Launches a Revolutionary Forex Trading Platform for Financial Trading

9/1/2007 - Futures and Forex Broker Excel Trading Group and ETGDirect.com Now a Division of AOS, Inc.

8/28/2007 - Trusts Sue Refco Advisers for $500 Million

8/27/2007 - FX Solutions Named to "Inc. 500" for Third Year in a Row as One of America's Fastest Growing Private Companies

8/21/2007 - I-Trade FX Experiences Growth in Excess of 700% for 2007

8/20/2007 - Avalon FX Pro Trading Software Establishes Connectivity to HotSpotFX Price Feeds

8/13/2007 - New Forex Trading System, FinanzasForex, Launches

6/18/2007 - NFA fines Two Chicago Firms, Direct Trading Group LLC and Direct Forex LLC

5/31/2007 - Leading UK-based Global Capital Markets Trading Firm Announces the Launch of HY Markets

5/29/2007 - NFA Orders Interactive Brokers LLC to Pay $125,000 fine and Pay up to $325,000 in Restitution

5/17/2007 - National Futures Association Fines New Jersey Online Forex Broker, GAIN Capital Group (GCG), LLC

5/4/2007 - Multiple Wins for Saxo Bank in Euromoney FX Poll

3/31/2007 - GlobalTec Introduces MB Trading as Integrated Broker for Online Stock Traders Using Wizetrade and 4x Made Easy

3/29/2007 - PFG Shanghai Office Grows Rapidly From Forex Business

3/26/2007 - Reuters and CME Launch Global OTC Forex Platform

3/1/2007 - GFT Global Markets Account Bonus Programme Offers Traders Cash Incentives

2/22/2007 - London Capital (Capital Spreads) Boosted by Forex

12/11/2006 - NFA Settles Enforcement Action Against New York Online Forex Broker Member, Capital Market Services LLC (CMS)

12/1/2006 - GFT Global Markets Named Best Online Forex Broker

7/24/2006 - FXAll Platform Sells Stake

10/17/2005 - Refco Bankruptcy Involves Sale of Futures Brokerage and Protracted Litigation over Firm’s Collapse