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Forex Broker Rankings Safe and Legal Top10、Top20、Top30、Top40、Top50 
Forex Broker Safety Rankings
AVATRADE
9.50
Score
Is AvaTrade A Scam？ Introduction AvaTrade, founded in 2006 and headquartered
15-20 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
TOP1
Legit
FXCM
9.40
Score
Is FXCM A Scam？ Introduction FXCM, or Forex Capital Markets, is a prominent
Above 20 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
TOP2
Legit
EC markets
9.24
Score
Is EC Markets A Scam？ Introduction EC Markets is a forex broker that positio
10-15 years
Regulated in Australia
Market Making License (MM)
MT5 Full License
TOP3
Legit
GTCFX
9.23
Score
Is GTCFX A Scam？ Introduction GTCFX is a forex and CFD broker that has made
15-20 years
Regulated in United Kingdom
Market Making License (MM)
MT5 Full License
TOP4
Legit
Finalto
9.21
Score
Is Finalto A Scam？ Introduction Finalto is a prominent player in the forex a
10-15 years
Regulated in Australia
Inst Market Making (MM)
MT4 Full License
Global Business
Medium potential risk
Offshore Regulated
TOP5
Legit
XM
9.10
Score
Is XM A Scam？ Introduction XM Group, founded in 2009, has established itself
15-20 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
TOP6
Legit
TRADE NATION
9.09
Score
Is Trade Nation A Scam？ Introduction Trade Nation is an online broker that h
10-15 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
TOP7
Legit
IC Markets Global
9.09
Score
Is IC Markets Global A Scam？ Introduction IC Markets Global, founded in 2007
15-20 years
Regulated in Australia
Market Making License (MM)
cTrader
Global Business
TOP8
Legit
Exness
8.99
Score
Is Exness A Scam？ Introduction Exness is a prominent online trading platform
10-15 years
Regulated in United Kingdom
Market Making License (MM)
MT4 Full License
Global Business
TOP9
Legit
GO Markets
8.98
Score
Is GO Markets A Scam？ Introduction GO Markets, established in 2006, position
Above 20 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Regional Brokers
TOP10
Legit
fpmarkets
8.88
Score
Is FP Markets A Scam？ Introduction FP Markets, established in 2005 and headq
Above 20 years
Regulated in Australia
Market Making License (MM)
cTrader
Global Business
TOP11
Legit
Neex
8.75
Score
Is Neex A Scam？ Introduction Neex, operating under the domain neex.com, posi
15-20 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
TOP12
Legit
TRADING 212
8.75
Score
Is Trading 212 a Scam？ Introduction Trading 212 is a well-known online broke
10-15 years
Regulated in Australia
Market Making License (MM)
Self-developed
Global Business
Vanuatu Forex Trading License (EP) Revoked
Medium potential risk
TOP13
Legit
Vantage
8.70
Score
Is Vantage A Scam？ Introduction Vantage, established in 2009, has carved a n
10-15 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
TOP14
Legit
VT Markets
8.68
Score
Is VT Markets A Scam？ Introduction VT Markets, established in 2015 and headq
10-15 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
TOP15
Legit
FXTRADING.com
8.67
Score
Is FXTRADING.com A Scam？ Introduction FXTRADING.com is an online brokerage f
Above 20 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Offshore Regulated
TOP16
Legit
HANTEC MARKETS
8.63
Score
Is Hantec Markets Safe or Scam？ Introduction Hantec Markets is a well-establ
15-20 years
Regulated in United Kingdom
Market Making License (MM)
MT4 Full License
Global Business
TOP17
Legit
MiTRADE
8.61
Score
Is Mitrade A Scam？ Introduction Mitrade is a global online trading platform
10-15 years
Regulated in Australia
Market Making License (MM)
Self-developed
Global Business
TOP18
Legit
HANTEC FINANCIAL
8.61
Score
Is Hantec Markets A Scam？ Introduction Hantec Markets is a global forex and
15-20 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Offshore Regulated
TOP19
Legit
STARTRADER
8.57
Score
Is StarTrader A Scam？ Introduction StarTrader is a forex and CFD broker that
10-15 years
Regulated in Australia
Market Making License (MM)
MT5 Full License
Regional Brokers
TOP20
Legit
easyMarkets
8.55
Score
Is easyMarkets A Scam？ Introduction easyMarkets, formerly known as Easy Fore
Above 20 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Medium potential risk
Offshore Regulated
TOP21
Legit
TMGM
8.55
Score
Is TMGM A Scam？ Introduction TMGM, or TradeMax Global Markets, is an online
10-15 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Regional Brokers
TOP22
Legit
CPT Markets
8.53
Score
Is CPT Markets A Scam？ Introduction CPT Markets is a forex and CFD broker th
15-20 years
Regulated in United Kingdom
Market Making License (MM)
MT4 Full License
TOP23
Legit
AIMS
8.50
Score
Is AIMS A Scam？ Introduction AIMS, also known as AIMSFX, is a forex and CFD
10-15 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
TOP24
Legit
PU Prime
8.46
Score
Is PU Prime A Scam？ Introduction PU Prime is a forex and CFD broker that has
5-10 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
TOP25
Legit
ETO Markets
8.45
Score
Is ETO Markets A Scam？ Introduction ETO Markets is a forex and CFD broker es
10-15 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
Medium potential risk
Offshore Regulated
TOP26
Legit
SBCFX
8.39
Score
5-10 years
Regulated in Australia
Market Making License (MM)
MT5 Full License
Regional Brokers
Offshore Regulated
TOP27
Legit
FXTF
8.38
Score
Is FXTF A Scam？ Introduction FXTF, short for FX Trade Financial, is a forex
15-20 years
Regulated in Japan
Market Making License (MM)
MT4 Full License
TOP28
Legit
taurex
8.37
Score
Is Taurex A Scam？ Introduction Taurex, a relatively new entrant in the forex
5-10 years
Regulated in United Kingdom
Market Making License (MM)
MT4 Full License
TOP29
Legit
PhillipSecurities
8.37
Score
Is Phillip Securities A Scam？ Introduction Phillip Securities, a well-establ
15-20 years
Regulated in Japan
Market Making License (MM)
MT5 Full License
TOP30
Legit
AXEL
8.36
Score
Is Axel Safe or Scam？ Introduction Axel is a forex broker that has emerged i
5-10 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Regional Brokers
TOP31
Legit
MAREX
8.31
Score
Is Marex Spectron A Scam？ Introduction Marex Spectron, a prominent player in
Above 20 years
Regulated in Hong Kong China
Market Making License (MM)
Medium potential risk
TOP32
Legit
Fusion Markets
8.30
Score
Is Fusion Markets A Scam？ Introduction Fusion Markets, established in 2017 a
5-10 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
Medium potential risk
Offshore Regulated
TOP33
Legit
quadcode markets
8.29
Score
Is Quadcode Markets A Scam？ Introduction Quadcode Markets is an emerging bro
15-20 years
Regulated in Australia
Market Making License (MM)
Suspicious Scope of Business
Medium potential risk
TOP34
Legit
HUATAI SECURITIES
8.27
Score
Is Hua Tai Safe or Scam？ Introduction Hua Tai, officially known as Hua Tai S
5-10 years
Regulated in China
Derivatives Trading License (AGN)
Self-developed
TOP35
Legit
FOREX EXCHANGE
8.27
Score
Is FOREX EXCHANGE A Scam？ Introduction FOREX EXCHANGE is positioned as a key
15-20 years
Regulated in Japan
Market Making License (MM)
White label MT4
Regional Brokers
TOP36
Legit
IG
8.26
Score
Is IG A Scam？ Introduction IG Group, founded in 1974, is one of the leading
Above 20 years
Regulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
High potential risk
TOP37
Legit
CITIC Futures
8.26
Score
CITIC Futures is a regulated service provider of premier brokerage and financial services, which was founded in China in 2007. It offers products and services for Brokerage Service, Investment Advisory, Technical Support and Asset Management.
5-10 years
Regulated in China
Derivatives Trading License (AGN)
Self-developed
TOP38
Legit
OANDA
8.34
Score
Is OANDA A Scam？ Introduction OANDA is a well-established player in the fore
Above 20 years
Regulated in Australia
Forex Trading License (EP)
MT4 Full License
Global Business
High potential risk
Offshore Regulated
TOP39
Legit
GUODU FUTURES CO., LTD
8.24
Score
Is Guodu Safe or a Scam？ Introduction Guodu, officially known as Guodu Secur
5-10 years
Regulated in China
Derivatives Trading License (AGN)
Self-developed
Suspicious Scope of Business
TOP40
Legit
AI GOLD
8.20
Score
Is AI Gold Safe or a Scam？ Introduction AI Gold, officially known as AI Gold
5-10 years
Regulated in Japan
Market Making License (MM)
MT5 Full License
TOP41
Legit
CommBank
8.18
Score
Is CommBank A Scam？ Introduction The Commonwealth Bank of Australia, commonl
Above 20 years
Regulated in Australia
Market Making License (MM)
Self-developed
Global Business
TOP42
Legit
FOREX.com
8.27
Score
Is FOREX.COM A Scam？ Introduction FOREX.COM, a well-known name in the forex
Above 20 years
Regulated in Australia
Forex Trading License (EP)
MT4 Full License
Global Business
High potential risk
TOP43
Legit
NAB
8.17
Score
Is NAB Safe or a Scam？ Introduction NAB, or National Australia Bank, is one
Above 20 years
Regulated in Australia
Market Making License (MM)
Global Business
Medium potential risk
TOP44
Legit
BOQ
8.17
Score
Is BOQ Trading A Scam？ Introduction BOQ Trading, established in 2014, has po
Above 20 years
Regulated in Australia
Market Making License (MM)
Self-developed
TOP45
Legit
PLOTIO
8.16
Score
Is Plotio Safe or a Scam？ Introduction Plotio is a relatively new player in
10-15 years
Regulated in Hong Kong China
Precious Metals Trading (AGN)
MT5 Full License
Regional Brokers
Offshore Regulated
TOP46
Legit
CMC MARKETS
8.15
Score
Is CMC Markets A Scam？ Introduction CMC Markets, a prominent player in the g
Above 20 years
Regulated in Australia
Derivatives Trading License (MM)
MT4 Full License
Global Business
United Kingdom Market Making License (MM) Revoked
High potential risk
TOP47
Legit
SPREADEX
8.14
Score
Is Spreadex A Scam？ Introduction Spreadex, founded in 1999, is a UK-based br
Above 20 years
Regulated in United Kingdom
Market Making License (MM)
Self-developed
Global Business
TOP48
Legit
UBL UK
8.14
Score
Is UBL UK Safe or Scam？ Introduction UBL UK, a subsidiary of United Bank Lim
Above 20 years
Regulated in United Kingdom
Market Making License (MM)
Self-developed
TOP49
Legit
The Access Bank UK
8.14
Score
Is The Access Bank UK A Scam？ Introduction The Access Bank UK is a financial
15-20 years
Regulated in United Kingdom
Market Making License (MM)
Self-developed
Suspicious Scope of Business
TOP50
Legit