James West

Khwezi Trade is a South Africa-focused online FX and CFD brokerage. It is an STP broker using the MT4 platform as the backbone of its operation. Khwezi Trade is a “division of Khwezi Financial Services.” Khwezi Financial Services is a company registered and licensed in South Africa, founded in 2013. The website of the company … Continued

Founded in 1996, Oanda is way more than a run-of-the-mill online CFD brokerage. The operation advertises that it does “all things currency”. What this means in practical terms is that its services cover the following. FX and exchange rate data services. A currency converter that major corporations, tax authorities, and auditing firms use around the … Continued

With its roots reaching back to 1965, ETX Capital is one of the oldest and best-established online brokerages offering spread betting and CFD trading. The operation started out dealing in mortgage bonds and later expanded into stocks and financial derivatives. The retail derivatives trading side of the brokerage took off in 2002. First called TradIndex, … Continued

Coinmama may not be a cryptocurrency exchange in the traditional sense of the concept. But it is an online spot where those interested in joining the crypto craze can buy and sell their digital assets quickly and fuss-free. That said, Coinmama does require account verification, and to use its services, you will have to deliver … Continued

Launched in 2009, FBS is an online Forex broker with more than 12 years of experience under its belt. It is the official trading partner of the football club FC Barcelona. Over its decade-long existence, the broker picked up many industry awards for various aspects/components of its operation, such as the Best IB Program, the … Continued

CMC Markets is one of the oldest and best-regulated providers of online CFD trading and spread betting services. The founder of the brokerage is Peter Andrew Cruddas, who set up the operation back in 1989. Cruddas is a well-known philanthropist, political personality, and one of the richest people in London. He has a more than … Continued

At first glance, Trade Nation may seem like a brand new online brokerage, launched in 2020. There are few reviews of it and no user feedback through any of the regular channels. That said, the operation has been around for quite a while under a different name. Between 2014 and 2019, Trade Nation used to … Continued

StormGain is a well-regarded, cryptocurrency-focused online trading and learning destination that acts as a portal for cryptocurrency investments. Through StormGain, users can buy cryptocurrencies, store them in their online wallets, exchange them, trade them, and mine them through a cloud-mining option. If you do not know the StormGain brand, you will be surprised to learn … Continued

Founded in Auckland, New Zealand, in 2014, BlackBull Markets has racked up a fair amount of experience over the past six years. It is a true ECN, no dealing desk broker, looking to deliver an institutional-level trading experience to retail clients. How does this objective translate to the real world through what BlackBull Markets offers? … Continued

Tradeo is a fairly run-of-the-mill Forex/CFD brokerage, currently based in Cyprus, with a rather murky background for several reasons. First off, Tradeo seems to have been around the regulatory block a few times already. It used to be regulated by Belize’s IFSC for a while, but that is no longer the case. Also, its offices … Continued

Based in Australia, VTMarkets is a member of Vantage International Group Limited, together with brokers such as KlimexCM.com and VantageFX.com. Launched in 2016, VTMarkets is hardly a new operation. That said, it has thus far failed to accrue much relevant feedback from its users. This lack of trader feedback is peculiar, to say the least. … Continued

Skilling is an online FX/CFD brokerage of Scandinavian pedigree. Launched in 2016, it is a relatively new broker. At first glance, its main selling point seems to be transparency. Unlike some of its shadier peers, it lays all of its cards on the table from the very beginning. Its founders do not attempt to hide … Continued

Founded in 2014, Tickmill is a fairly standard regulated online trading destination. The broker has been around for a while and that means it has accrued relevant trader feedback. It is an NDD broker, meaning that it does not use a dealing desk. The broker boasts more than a quarter-million registered trading accounts. Let us … Continued

Moneta Markets is a Forex/CFD brokerage which has not yet accrued significant direct user feedback. It is a member of the Vantage International Group, together with other online trading destinations such as VantageFX and VTMarkets. Many of these other group members have less-than-savory reputations among the trading public. The user complaints about the services of … Continued

FXCM is a currency, CFD trading, and spread betting brokerage established in 1999. As such, it has an enormous amount of experience under its belt. There is no shortage of user feedback regarding FXCM’s services. The brokerage is licensed and regulated in three jurisdictions. It is thus entitled to deliver trading services in an impressive … Continued

PrimeXBT is an interesting and quite quirky online FX/crypto/commodities/indices CFD trading destination. Unlike most other actors in this space, it does indeed bring something new and unique to the table. It is Bitcoin-based, meaning that traders can only make deposits in BTC. Thus, it requires no personal information from traders and it does not observe … Continued

As online CFD brokers go, FXVC is a rather peculiar operation. On the one hand, the broker uses a proprietary, browser-based trading platform. This is not common practice these days. Some would consider the lack of an MT4 or MT5 option worrying. On the other hand, there is not much user feedback available on the … Continued

As of November 30th ATFX does not allow retail traders.ATFX is a brand of branches providing CFD/forex trading services within the global financial consortium, AT Group. ATFX (UK) started as a FX/CFD broker in 2017 and has quickly risen to notoriety due to the company’s well-tailored offerings of competitive spreads and zero commissions, across a … Continued

NSBroker is a Malta-based online Forex and CFD trading service provider. The operator seems to be extremely proud of two accomplishments: It is based and regulated in Malta, which means that it is the possessor of an EU license. It offers pure ECN services. Due to the power of the Electronic Communication Network, it is … Continued

Advertised as “your local international broker” CMTrading is an FX/CFD broker based in South Africa. The true reputation of this operator is difficult to establish. On the one hand, affiliated reviewers have posted scores of positive feedback on it. On the other hand, there are some rather heavy scam allegations floating around the search results … Continued

XTB is a relatively small Forex/CFD brokerage. It has 170,000 clients worldwide. What it lacks in weight, it makes up in reputation, however. This is not empty talk either. We took a look at some of the popular consumer protection/feedback sites before drawing this conclusion. At one of these sites, the operation has earned a … Continued

Tradeview Forex is an online Forex/CFD brokerage, launched in 2004. That makes the operation 16 this year. This sort of longevity is impressive in and of itself in this industry. What is more impressive about the broker is the fact that its users still have an overwhelmingly positive opinion about its services to this day. … Continued

A well-known FX broker based in Mauritius, Alpari is one of the oldest players of the scene. It has racked up some 20 years worth of experience and it has served more than 2 million customers through good and bad. As far as its regulatory status is concerned, Alpari’s case is a little shaky these … Continued

Launched in 2012, BDSwiss may not be an industry veteran yet. But over its relatively brief existence, it has registered massive growth, becoming one of Europe’s most trusted, and popular online brokerages. It has not all been smooth sailing for BDSwiss though…Its growth from some 130,000 processed transactions in 2012, to more than 9 million … Continued

EverFX’s current global corporate model seems to be confusing for many. There are two websites out there, both pushing the same online FX/CFD deals and the same EverFX brand: everfx.com and everfxglobal.com. Some people seem to think that everfx.com is where the broker used to operate, before it moved to everfxglobal.com. Here’s what is really … Continued

Launched in 2007 in Australia, Axi is one of the oldest actors of the online Fx/CFD trading scene. Axi is well regulated and it seems to enjoy a decent reputation among actual users. In addition to its Australian headquarters (located at Level 10, 90 Arthur Street, North Sydney, 2060, Australia), the broker maintains regional offices … Continued

Established in 2010, ThinkMarkets has its act together in regards to regulation and pretty much every other operational aspect too. ThinkMarkets is based in Australia, but it maintains offices in other parts of the world as well. Its second headquarters are located in London. In addition to that, the company is present in Europe, the … Continued

Regulation is usually a sensitive issue with online FX/CFD providers. Many such operators seem to try to avoid the matter altogether when advertising their products. Not so HYCM. Launched in 1977 in the UK and still headquartered there, HYCM has made regulation its focus apparently. The broker does not accept traders from the US. Outside … Continued

VantageFX is one of Australia’s top Forex/CFD brokers, regulated by ASIC, CIMA and the FCA. Some may be confused by the fact that the broker’s international site used to list CIMA as its only regulator and the Cayman Islands as its sole headquarters. The confusion was caused by ASIC’s moves to prevent Australian brokers from … Continued

FxExplained does not recommend this broker! Finq is an FX/CFD brokerage that’s regulated in the Seychelles. Finq.com targets traders in Asia, India and South Africa. It offers a high leverage, a very good selection of tradable assets, a minimum deposit of $100 and an extremely nice welcome bonus of up to $4000. Launched in 2017, … Continued

Founded in 2009, Trade.com is an online Forex/CFD brokerage based, regulated and licensed in Cyprus. While at first glance the brokerage seems to be a fair and honest operation, digging up some user feedback on it will unearth some unsettling details. There was apparently at least one person, who took advantage of a slip-up on … Continued

NordFX is, at first glance, a fairly run-of-the-mill online FX/CFD broker. NordFX is regulated in a rather impressive number of jurisdictions and it offers a fair selection of tradable assets. NordFX also has some special tricks up its sleeves. The broker used to offer a RAMM account option, but this is no longer mentioned anywhere … Continued

Forex.com might just be the perfect online FX/CFD provider… The brokerage has many things going: its URL, the fact that it accepts traders from the US (and that it is indeed one of the top options for online Forex trading for US-based traders), and its regulatory profile, which is indeed quite outstanding. Still, the factor … Continued

Alvexo was recently founded in 2014 and is owned and operated as a brand of Cyprus-based VPR Safe Financial Group Limited. The CySEC regulated company has its headquarters in Limassol, and its official website can be found at www.alvexo.com. A screenshot of its welcome page appears below: From a regulatory perspective, Alvexo is regulated by … Continued

In the beginning of 2020 Markets.com rebranded to MarketsX. MarketsX has been around since 2008, peddling its Forex and CFD deals in a regulated manner, straight out of Cyprus. The operation features a nice selection of tradable assets, several trading platform options and – as already mentioned above – it is regulated in two jurisdictions. … Continued

The CAPEX.com forex broker review summarizes that CAPEX.com is regulated by CySEC, has very high safety standards, offers perfectly capable trading platforms in WebTrader and MetaTrader 5 and several account options as well as tight spreads and a great support, however only open 24/5. CAPEX.com is a great choice for many traders. This broker changed its … Continued

Pepperstone is a global Forex and CFD broker, which – among its standard selection of tradable assets – features cryptocurrencies as well, like Bitcoin, Litecoin, Ethereum and Dash. That’s far from being Pepperstone’s main selling point though. The brokerage Pepperstone offers a superb selection of trading platforms and account types that will fulfill the needs … Continued

Launched way back in 2005, in California, Multibank Exchange Group has grown into one of the largest and most solid Forex and CFD brokerages, by volume and capitalization. Indeed, the advantages offered by MultiBank Exchange Group are numerous, their trading platforms are solid, and their product selection is more than decent. The operator boasts paid … Continued

IQ Option used to be one of the staples of the binary option trading industry. Always striving to stay on the cutting edge, it was the first binary option brokerage to make it possible for its clients to build and even monetize their own trading bots. Although their bot builder looked solid, it ended up … Continued

FXGiants is another major regulated Forex and CFD brokerage, which ended up with a nasty reputation after a 2015 series of debacles. To this day, there are many user complaints online about the operation, most focused on how FXGiants make it difficult for their clients to withdraw funds, while making it extremely easy for them … Continued

Launched in 2010, IronFX has a long history behind it. Unfortunately, not all of that history is something the operator can be proud of. Around 2015, problems surfaced in the way the brokerage was treating its clients. Eventually, the issues were sorted out, when IronFX reached a settlement with CySEC, its regulator and licensing authority. … Continued

FP Markets is an online CFD/Forex broker we can indeed, whole-heartedly, recommend to retail traders, because its market coverage is superb, its trading platforms are solid and it is licensed by one of the world’s most exigent financial authorities. We have to add though that FP Markets is much more than that. It offers a … Continued

Libertex is the brand for the brokerage division and trading platform of Indication Investments Ltd, The company was founded in 2015 and now offers its clients online brokerage services in forex, soft commodities, oil and natural gas, stocks, indexes, and precious metals. The Libertex Group currently has 2.2 million clients trading from 27 nations all … Continued

Swiss Markets began as a brand in 2016 and was originally part of the BDSwiss Holding PLC group, which was founded in 2012. Swiss Markets was founded with the vision of creating a competitive environment for its clients where they could reliably and securely execute trades in multiple markets via an STP or Straight Through … Continued

24Option was founded in 2009 as a binary option broker and is currently based in Cyprus and Belize. The company now offers its clients access to trading in Forex currency pairs, CFDs, stocks, commodities and indexes. 24 Option is operated in Europe by Rodeler Limited, which is regulated by CySEC under CIF license number 207/13 … Continued

City Index dates back to 1983 when it began operation as one of the first spread betting companies in the United Kingdom. In 2001, it started offering Contracts for Difference to clients, and in 2005, City Index acquired spread betting competitor Finspreads that had been active online since 1999. From a regulatory perspective, City Index’s … Continued