Best Forex Brokers for Beginners

#1 Best ​Beginner broker

  • Real time trading data
  • Publicly traded and licensed
  • Broad range of markets

#2 Best ​Beginner broker

  • Web based platform
  • Competitive Forex spreads
  • Regulated in multiple major markets

#​3 Best ​Beginner broker

  • Largest selection of currency pairs
  • ​Regulated in​ major markets & listed in UK
  • ​Powerful charts & pattern tools

​IG Review - #1 best ​Beginner broker

  • ​Propriety web based platform suitable for all levels
  • ​Competitive commissions and fees. See all
  • ​Excellent customer service (less than one minute to service)
  • Excellent research both in house and third party.

​​FXCM - #​​2 best ​Beginner broker

  • ​​Is regulated by top-tier financial authorities, like the UK FCA and the Australian ASIC so is safe.
  • ​No withdrawal fee & low trading fees
  • ​Platform is extremely customizable which is great for charts etc.

​CMC Markets - #​3 best ​Beginner broker

  • ​​Next generation HTML5 trading program, super fast and reliable. See screenshots.
  • ​Competitive commissions and fees. See all
  • ​​Great customer service (less than one minute to service)
  • ​Nice research ​offering Insights News, CMC markets blog and its own print magazine.

​Things to watch out for as a beginner

​The most essential thing to watch out for is that you are using a trusted and regulated broker. After that the ideal broker has a clear and straight forward platform that is easy to use, they provide additional educational resources and they integrate quality third party market research to help you with your decision making.

During our countless hours of testing different platforms we have done the work for you. We have cut out all the non regulated high risk brokers that you should stay away from.