NoaFX, the brokerage arm of Capital Market Investments Limited in New Zealand, is a financial broker that offers both Forex and binary options trading, a distinct offering in today’s times when most Forex brokers are distancing themselves with binary options offerings. The company is based in New Zealand and was previously registered as a Financial Services Provider (FSP), but has recently been delisted from the FSP list. Consequently, we have serious questions about the integrity of this company and doubts as to whether the company is operating properly, if at all.

As of October 2021, this broker is no longer accepting new traders. To find a reliable, regulated Forex broker, check out our top Forex brokers list. Thank you!

OX Securities presents itself as a jack-of-all-trades in the brokerage world, and for the most part, it succeeds. With an impressive arsenal of platforms, including the popular MT4, MT5, systems, and the institutional-grade IRESS, it caters to both novice and professional traders. The Pro account's razor-thin spreads are genuinely competitive, and the $0 minimum deposit makes it one of the most accessible brokers on the market.

Robinhood Markets, founded in 2013, is a pioneer in commission-free trading. In 2015, this US-based financial services company officially launched its trading app. Making financial markets accessible to all traders without additional costs remains the mission of Robinhood, which has over 13,000,000 users according to its latest SEC filing. Robinhood caters primarily to millennial traders with an average age of 26. It also expanded into cryptocurrency trading via Robinhood Crypto. Another attractive feature is fractional shares trading, eliminating the need for massive deposits to trade blue-chip equities. Robinhood does sell its order book to high-frequency trading firms, which prompted the US Securities and Exchange Commission (SEC) to launch a probe in September 2020. Robinhood remains in high demand among new retail traders, many of whom generally have little to no knowledge of financial markets. Nearly half of all Robinhood traders claim to use it daily, and 90% at least weekly; most traders prefer to trade from their mobile phones.

STARTRADER offers 14 liquidity providers that ensure traders have access to deep liquidity pools, which results in tight spreads, lower trading fees, and higher profits for traders. Besides the MT4/MT5 trading platforms, a proprietary copy trading service exists, suggesting it is a core segment for STARTRADER. I reviewed this broker to evaluate the competitiveness of its trading environment. This broker review will cover the international subsidiary. Is STARTRADER as good as advertised?

** In early 2016 Stock.com merged with Trade.com which is another brand of Lead Capital Markets, the regulated parent company that provides these trading services. For more information please see our Trade.com review.

TMGM features three trading platforms, competitive commission-based trading fees, 60+ currency pairs for Forex traders, and excellent asset selection for equity traders. It also maintains a cutting-edge infrastructure powered by oneZero Financial Technology and 10+ liquidity providers. I reviewed this broker to evaluate if its trading conditions result in a competitive trading environment. Should you consider TMGM for your trading needs?

Trade.com offers traders its proprietary web-based trading platform alongside MT4/MT5, a well-balanced asset selection, and services by Trading Central and TradingView. Trade.com also features asset management services and IPO trading. I conducted an in-depth review of this broker to evaluate if it delivers industry-beating prices as advertised. Is Trade.com the right broker for you?

JustForex maintains a competitive pricing environment, high leverage, quality research, and education, making it a well-rounded broker. Traders get the MT4/MT5 trading platforms, a proprietary copy trading service, and ZuluTrade. JustForex serves asset managers via the MAM module, has a rewarding partnership program, and relies on generous bonuses. I reviewed JustForex to determine if it delivers on its promise of quality, professionalism, and reliability. Is JustForex a broker you should consider?

TradeTime makes a number of bold statements, including the assertion that they are both an industry leader and innovator. The broker further makes that claim that it has been in operation for seven years, is regulated, and segregates accounts. Unfortunately, TradeTime is unable to back up its assertions; in nearly every case it fails to provide details and/or proof. At the same time, it focuses exclusively on marketing its proprietary trading platform and account customization, both of which come at an elevated cost, that is unless a trader is willing to make a substantial deposit.

Vestle UK is a trading name of Black Pearl Securities Limited (Company number 08823678). Black Pearl Securities Limited is authorised and regulated by the Financial Conduct Authority (FCA). They offer traders the opportunity to trade an unusually wide range of CFDs (Contracts for Difference), even including a selection of ETFs (exchange-traded funds). Access to such a wide-ranging investment universe is unusual in the retail online brokerage industry. In addition to ETFs, Vestle offers CFD trading on commodities, indices, shares, cryptocurrencies, and Forex currency pairs across both major and minor financial markets. A total of over 800 instruments can be traded with Vestle.

Top rated forex broker based in Cyprus offering competitive spreads.

ASWAQ.TODAY is an online trading arena, owned by ASWAQ Trade Limited located in London, U.K. The company was founded in 2007 and brokerage services were introduced in 2014. ASWAQ.TODAY provides trading services in currencies, commodities, stocks and indices. It is not clear where they are officially domiciled and there is no regulation.

BDSwiss has 1.7M+ registered trading accounts from 180+ countries, offering traders MT4/MT5 with services from Trading Central and Autochartist. Beginners receive quality education and research. BDSwiss remains an excellent broker for active traders and scalpers due to its median execution speed below 0.08 seconds, with 77.8% of orders experiencing zero to positive slippage. My BDSwiss review evaluated trading conditions to determine how BDSwiss ensures its traders have a competitive edge. Is BDSwiss the best broker for your trading requirements?

Banco FX is an innovative British financial services provider that offers traders a wide choice of financial products including Forex, stocks, commodities, precious metals, CFDs, oil & gas and indices. Banco FX was founded in 2012 and is domiciled in London, U.K.

Boca Global Financial Group Pty Ltd (“BocaFX”) was founded in 2012. It is headquartered in Sydney, Australia and maintains regional headquarter offices in Shanghai, China. BocaFx offers traders a variety of asset classes including Forex, Contracts for Difference (CFDs), Spot Metals and Binary Options. It is regulated by ASIC and is a member of FOS (Financial Ombudsman Service).

Top rated forex broker based in South Africa offering competitive spreads.

Top rated forex broker based in New Zealand offering competitive spreads.

Capital One Forex opened its doors to trading in 2012. Its headquarter location seems to be unclear but they list offices in Canada, Mexico and Japan as contact points. They are not regulated by any authorized regulatory body. Capital One Forex offers traders Forex, Commodities and CFDs.

Coinbase is a digital currency exchange founded in 2012 in the US. In 2016, it rebranded the Coinbase Exchange to the Global Digital Asset Exchange (GDAX), its primary asset. It is one of the most recognized exchanges globally, facilitating cryptocurrency exchanges with fiat currencies in 32 countries. Its cryptocurrency wallet is available in 190 countries. Coinbase caters to over 35 million traders from over 100 countries, has trading volume in excess of $220 billion, and has over $7 billion of assets in storage. Coinbase has a global team consisting of over 1,000 employees; moreover, it has raised more than $500 million in funding from fifteen investors. The management team believes that cryptocurrencies are the future of money, and that it will create a more open, fair, and efficient financial system.

Darwinex, in operation since 2012 and located in the UK, is a technology provider that enables traders direct market access to over 300 assets. Their prime service remains in asset management, allowing traders to invest in thousands of strategies, while also being able to legally gain access to trading capital for a 15% performance fee. An algorithmic risk manager system classifies distinct strategies, each of which is called a DARWIN; the DARWINs are traded in the same manner as any other assets. Every month, Darwinex invests €6 million of its funds into 80 DARWINs (those with the highest returns), for a duration of up to six months. Its prime brokers are Saxo Bank and LMAX, and Darwinex grants a secure trading environment. Overall, the business model is rather new, as evidenced by just over 3,000 traders from over 80 countries. Darwinex paid out over $2.8 million in performance fees and has a promising approach to significantly increase its market share.

FinPro Trading is a "self-regulated" Forex broker.

Forex Broker Inc is a highly reputable Forex broker. It does its absolute best to increase its traders’ profits through its various bonus plans and trading tournaments. It is also one of the very few brokers in the industry to welcome USA traders. The appealing website is extremely easy to use and simple to navigate and it offers some of the best and most highly-regarded trading platforms in the industry.

GDMFX is registered as a Financial Service Provider (FSP) in New Zealand and an Authorized Representative in Australia. GDMFX is an STP broker and offers financial securities in Forex, precious metals, energy, and commodities. GDMFX maintains offices in Indonesia, India, Hong Kong and China.

IBCFX is a global broker specializing regulated in New Zealand that offers online Forex and CFDs trading services for private and institutional clients. The IBCFX website is easy to maneuver and caters to both financial professionals and novice Forex traders.

The first thing one is likely to notice when visiting Infin Markets is the language option on the top of the homepage. The brokerage firm offers services in 10 languages, including simplified and traditional Chinese. The company is registered in Cyprus and deals mainly with Forex, supplementary services and customer support. According to their site, everything is done at the highest possible level.

JustMarkets, formerly JustForex, rebranded to reflect its ongoing expansion, which now includes an in-house developed copy trading service. Traders get the core MT4/MT5 trading platforms, deep liquidity, fast order execution, and modern payment processors, including cryptocurrencies. I conducted a thorough JustMarkets review to determine if its deep liquidity results in tight spreads and low trading costs. Should you trade with JustMarkets?

On a routine KLMFX review in January 2018, we found the broker's website to be inactive and unavailable. As such, we can no longer recommend KLMFX as a viable Forex broker, and we encourage all traders to look for a regulated, well-reviewed brokerage.

LegacyFX is an intriguing broker as it only offers the MT5 trading platform with a promise of no swap rates on leveraged overnight positions. Retail traders with portfolios below $25,000 must accept higher spreads, but the absence of fees on overnight positions piqued my interest. I reviewed LegacyFX to conclude if the swap-free offer creates a competitive advantage. How does LegacyFX compare to the elite brokers in the Forex industry? Read this full LegacyFX review to find out.

Saxo Capital Markets, the Australian subsidiary of Danish investment bank, Saxo Bank, was founded as a brokerage in 1992. In 2012, Saxo Capital Market became operational but just two days later it was reprimanded by the Australian Securities and Investments Commission (ASIC) over its risk management practices. After a rocky start, the online brokerage swiftly expanded, largely as a result of its competitive product and services portfolio. Saxo Capital Markets maintains over 40,000 assets, placing it in the top two spots among all online brokers globally, but traders must commit to a minimum deposit of A$3,000. Unlike other ASIC-regulated brokers which offer a maximum leverage of 1:500, Saxo Capital Markets caps it at 1:50. With more than 600,000 clients, it remains one of the most competitive Australian online brokers.

Tradaxa is a New Zealand-based ECN Forex broker that offers trading of both Forex and CFD markets. The broker offers a demo account, a Mini Account, Silver Account, Gold Account, and a Platinum Account. The mini account can be opened with as little as $500, and as a result this broker can be enjoyed by retail traders at all levels who are concerned about making too big of an initial deposit.

What does one find at www.cfd.tradeviewforex.com/? At one time the company called Tradeview Forex sought to introduce forex-trading accounts. Currently Tradeview Forex in the United States has decided to focus its efforts on forex education and tools. It will no longer introduce forex-trading accounts. Tradeview Forex still offers its customers the ability to trade forex “Regardless of your skill level” Tradeview Forex has the program for you. In sum what you are entering into when you partake of the offerings at www.cfd.tradeviewforex.com is something like a hardware store for forex traders. One crucial difference, of course, is that that the “tools” on offer are not hardware but software that you will need to master and use if you hope to trade on the foreign exchange market for fun and profit. As with many vendors of software the claims made by Tradeview Forex need to be examined closely. The limited scope of this review may not afford enough information for a purchasing decision to be made. Tradeview Forex does offer Forex Trading Training Software with live Trade signals for free on a five-day basis. Concentrated use of such a tool might provide a somewhat experienced trader a clear indication of the tool’s overall usefulness. One can also subscribe to the Tradeview Forex to keep abreast of forex trends. Also poking around the at www.cfd.tradeviewforex.com and sampling the articles, tools, the forex glossary, some web-based widgets and RSS feeds/News can give one a feel for what the company may provide. Tradeview Forex claims that its Grey Box Assisted Trading software has “a proven track record for picking trades with a high success rate.” It isn’t completely clear how proprietary the software offered at www.cfd.tradeviewforex.com/ is. Obviously the upcoming arrival of industry standard METATRADER 5 at Tradeview Forex indicates that the company vends and supports other companies’ offerings as well. A hardware, or software, store run by knowledgeable, experienced people might just be worth a second look.

Tradier, founded in 2012, offers demanding traders the option to choose from 100+ trading platforms from one brokerage account. Power traders can create a custom trading experience in a low-cost pricing environment. I reviewed the Tradier trading environment to gauge its competitiveness and rate it as a sensible option for US-resident traders who value technology and customization. Should you open an account with Tradier?

ACY Securities offers traders Capitalise AI, allowing traders to deploy algorithmic strategies in a code-free environment. The core MT4/MT5 trading platforms are available, and copy traders get Tradingcup. The commission-based trading accounts grant competitive trading fees, and this Australian-headquartered multi-asset broker supports 16 payment processors, including cryptocurrencies. I conducted an in-depth review of this broker to evaluate its competitive edge. Should you trade with ACY Securities?

Abshire-Smith, founded in 2011 and located in London and Wales, is a Forex and CFD broker, authorized and regulated by the Financial Conduct Authority. Abshire-Smith also trades commodities, shares, options, spread bet, futures, government and public securities. Client funds are held in segregated accounts.