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Best Forex Brokers 2022

The best and most reliable forex brokers and their comparisons are listed below. You can read unbiased and comprehensive reviews about the brokers by clicking the read full review button. 

21 Easy Markets
7.2
Score: 7.2/10 OPEN AN ACCOUNT
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Good
I reviewed easyMarkets based on the following criteria.
TRUST
8.5
COMMISSIONS AND FEES
6
CUSTOMER SERVICE
6.5
PLATFORM & TOOLS
6.5
PRODUCT PORTFOLIO
8.5
PROS:
  • Strong regulations (ASIC, CYSEC)
  • Focus on Client Protection spreads
  • Fixed spreads & no spread widening
CONS:
  • Offered Trading platforms are limited

IG

22 IG forex broker
7.1
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Good
I reviewed IG based on the following criteria.
TRUST
7.5
COMMISSIONS AND FEES
7
CUSTOMER SERVICE
7
PLATFORM & TOOLS
7
PRODUCT PORTFOLIO
7
PROS:
  • Demo Account is Available
  • Regulated by FCA
  • Low spreads
CONS:
  • Low leverage
23 BDSwiss Review
7.1
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Good
I reviewed BDSwiss based on the following criteria.
TRUST
8
COMMISSIONS AND FEES
6.5
CUSTOMER SERVICE
7
PLATFORM & TOOLS
8
PRODUCT PORTFOLIO
6
PROS:
  • Multilingual Customer Service
  • MT4 and MT5 available
  • Has 4 Licenses
CONS:
  • Limited Product Portfolio
  • No Bonuses
24 Finq
7
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Good
I reviewed Finq based on the following criteria.
TRUST
7
COMMISSIONS AND FEES
8
CUSTOMER SERVICE
5
PLATFORM & TOOLS
7
PRODUCT PORTFOLIO
8
PROS:
  • Rich product portfolio with 1200 assets
  • Part of an international group
CONS:
  • Registered offshore

FBS

25 fbs
7
Score: 7.0/10 OPEN AN ACCOUNT
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Good
I reviewed FBS based on the following criteria.
TRUST
6
COMMISSIONS AND FEES
7.5
CUSTOMER SERVICE
8
PLATFORM & TOOLS
6
PRODUCT PORTFOLIO
7.5
PROS:
  • Wide variety of account types
  • Competetive spreads
  • Bonus and promotions
  • The lowest minimum deposit as $1
  • The highest maximum leverage as 1:3000
CONS:
  • Regulated by weaker watchdogs
26 cmc markets
6.9
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Good
I reviewed CMC Markets based on the following criteria.
TRUST
9
COMMISSIONS AND FEES
5
CUSTOMER SERVICE
5.5
PLATFORM & TOOLS
7
PRODUCT PORTFOLIO
8
PROS:
  • Strong regulation
  • Low ECN Spreads
  • Segeregates client funds
  • Supports copy trading platforms
CONS:
  • Not avaliable fixed spreads
27 HYCM (Henyep Capital Markets)
6.9
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Good
I reviewed HYCM based on the following criteria.
TRUST
8
COMMISSIONS AND FEES
8
CUSTOMER SERVICE
6.5
PLATFORM & TOOLS
6
PRODUCT PORTFOLIO
6
PROS:
  • Strong regulations (FCA, CYSEC)
  • Competetive spreads
  • Offering fixed spreads
  • Supports copy trading platforms
CONS:
  • Maximum levarege is low compared to other brokers
  • Payment methods are limited
28 olymp trade
6.8
Score: 6.8/10 OPEN AN ACCOUNT
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Good
I reviewed Olymp Trade based on the following criteria.
TRUST
7.5
COMMISSIONS AND FEES
6
CUSTOMER SERVICE
6
PLATFORM & TOOLS
7
PRODUCT PORTFOLIO
7.5
PROS:
  • Regulated broker
  • Trading Platform
CONS:
  • Limited account types
29 FxOpen
6.8
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Good
I reviewed Fx Open based on the following criteria.
TRUST
7
COMMISSIONS AND FEES
6.5
CUSTOMER SERVICE
7
PLATFORM & TOOLS
6.5
PRODUCT PORTFOLIO
7
PROS:
  • Strong regulations (FCA, ASIC,)
  • MT4 & MT5 supported
  • ECN Account's competetive pricing
  • High leverage, low min. deposit
CONS:
  • Micro account provides less forex pairs than other account types
30 InterativeBrokers
6.7
Score: 6.7/10 OPEN AN ACCOUNT
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Medium
I reviewed Interactive Brokers based on the following criteria.
TRUST
7.5
COMMISSIONS AND FEES
6.5
CUSTOMER SERVICE
6
PLATFORM & TOOLS
6.5
PRODUCT PORTFOLIO
7
PROS:
  • Strong regulations (SEC, FINRA, NYSE, FCA)
  • Various Trading Platforms
  • A wide range of Products
  • Investment selection
CONS:
  • Low leverage
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What's Forex Brokers Labs, What Does It Do?

This website is totally free for all visitors andI'd like to have as much interaction as I can so we can gather more information together and help new forex comers to find the best broker with the most beneficial features.
Which broker is more reliable?
There are criteria to be considered in this regard. In my review, under the heading of “Regulation”, I examine the broker’s performance in detail.
Which type of account is better for me?
I write about the account types offered by each broker and its features like spreads, leverage and the advantages and disadvantages of these features in the heading “Account Types”.
What are the most beneficial withdrawal methods?
Payment methods show how reliable a forex broker is. That's why I list the payment methods of all forex brokers in detail in my articles.

How I Review Forex Brokers?

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Who Am I?

Hello to everyone. Forexbrokerslab is my personal blog where I compare reliable forex brokers. I’ve been in forex trading since 2009 and I’m still learning. I have traded with the most popular forex brokers, including the most unknown ones in any regulation and many different account types. So I think I have enough knowledge to compare brokers. You can learn about forex brokers by reviewing my blog.

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