BEST Forex Brokers for Beginners

...where trading conditions allow fair practice with lowest risks

Best Forex Brokers for Beginners CHECKLIST:

✔ Lowest minimum deposit — under $300
✔ Highest leverage — sufficient for small investments, 1:400 and up
✔ Micro lot trading — lowest risks
✔ Lowest spreads — favor short-term trading practice
✔ No commission — easier management
✔ Fair levels for Margin Call and Stop Outs — the higher the better
✔ Regulated — avoid unnecessary risks

Best Forex Brokers for Beginners = where trading conditions allow fair practice with lowest risks ...read more

Min deposit Deposit	Leverage	Lot	Spread*	Commission**	Margin Call	NB Protection	Type	CountryCountry	Regulation	Platforms	Popularity
10 $	500	0.01 lot	0.8 pips	$ 0	100 %	x	MT4, MT4 WebTerminal, MT5, WebTrader	Cook IslandsCook Islands	FSC Cook Islands	STP, DMA	⬤ Low
100 $	400	0.01 lot	1.4 pips	$ 0	100 %	✔	MT5	Cyprus Cyprus	CySEC	MM	⬤ Average
50 $	500	0.01 lot	1 pips	$ 0	100 %	x	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal	Australia Australia	ASIC	STP, DMA	⬤ High
1 $	500	0.01 lot	1 pips	$ 0	100 %	✔	MT5	UK UK	FCA	STP, ECN marketing	⬤ Low
100 $	500	0.01 lot	1.2 pips	$ 0	100 %	✔	MT4, MT4 WebTerminal, MT5	Cyprus Cyprus	CySEC	MM	⬤ Low
200 $	500	0.01 lot	1 pips	$ 0	90 %	x	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal	Seychelles Seychelles	FSA	STP, DMA	⬤ Low
1 $	500	0.01 lot	0.7 pips	$ 0	80 %	✔	MT4, Next Generation	UK UK	FCA	MM	⬤ High
1 $	1000	0.01 lot	0.5 pips	$ 0	150 %	x	MT5, MT5 WebTerminal	Malta Malta	MFSA	MM, STP	⬤ High
200 $	400	0.01 lot	1.3 pips	$ 0	100 %	x	MT5, MT5 WebTerminal	BVI BVI	FSC	STP, ECN pricing	⬤ Low
100 $	500	0.01 lot	1 pips	$ 0	80 %	x	MT4, MT5, MT5 WebTerminal	Australia Australia	ASIC	MM, DMA	⬤ Average
1 $	500	0.01 lot	1 pips	$ 0	100 %	✔	MT4, MT4 WebTerminal	UK UK	FCA	STP, DMA, ECN pricing	⬤ Low
100 $	500	0.01 lot	1 pips	$ 0	100 %	x	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal	Australia Australia	ASIC	STP, DMA	⬤ High
1 $	500	0.01 lot	0 pips	$ 0	100 %	✔	MT4	Cyprus Cyprus	CySEC	STP, ECN marketing	⬤ Average
20 $	400	0.01 lot	1 pips	$ 0	100 %	x	MT5, MT5 WebTerminal	Malaysia Malaysia	LFSA	MM, STP	⬤ Low
200 $	400	0.01 lot	1 pips	$ 0	80 %	x	MT4, MT4 WebTerminal	Vanuatu Vanuatu	VFSC	MM, DMA, ECN pricing	⬤ Low
50 $	500	0.01 lot	1.2 pips	$ 0	100 %	x	MT4, MT4 WebTerminal, XCritical Online	Mauritius Mauritius	FSC	MM, ECN marketing	⬤ Low
200 $	500	0.01 lot	0.6 pips	$ 0	100 %	x	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, cTrader	Australia Australia	ASIC	MM, DMA	⬤ High
100 $	500	0.01 lot	0.8 pips	$ 0	100 %	x	MT4	Australia Australia	ASIC	MM	⬤ Low
1 $	500	0.01 lot	1 pips	$ 0	80 %	x	MT4, MT4 WebTerminal, MT5, Autochartist	Bahamas Bahamas	SCB	STP, ECN marketing	⬤ Average
100 $	500	0.01 lot	0.5 pips	$ 0	100 %	✔	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal	Cyprus Cyprus	CySEC	STP, DMA, ECN pricing	⬤ Average
100 $	500	0.01 lot	1 pips	$ 0	120 %	x	MT4	Mauritius Mauritius	FSC	STP, DMA, ECN marketing	⬤ Average
50 $	500	0.01 lot	1.4 pips	$ 0	100 %	✔	MT4	Seychelles Seychelles	FSA	STP, DMA, ECN marketing	⬤ Low
5 $	1000	0.01 lot	1.1 pips	$ 0	100 %	✔	MT4, MT5	Seychelles Seychelles	FSA	MM, DMA	⬤ Average
100 $	500	0.01 lot	1.4 pips	$ 0	100 %	✔	MT5, MT5 WebTerminal	Vanuatu Vanuatu	VFSC, FMA	DMA, ECN marketing	⬤ Low
300 $	500	0.01 lot	0.8 pips	$ 0	100 %	✔	MT4, MT4 WebTerminal, MT5	Seychelles Seychelles	FSA	DMA	⬤ Low
50 $	500	0.01 lot	1.2 pips	$ 0	80 %	✔	MT4, MT5, WebTrader	Vanuatu Vanuatu	VFSC	STP, DMA, ECN pricing	⬤ Average
1 $	500	0.01 lot	1 pips	$ 0	80 %	✔	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, cTrader, Autochartist	Australia Australia	ASIC	STP, DMA	⬤ High
100 $	500	0.01 lot	1.3 pips	$ 0	120 %	x	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal, Autochartist	Seychelles Seychelles	FSA	MM, STP, DMA	⬤ Average
250 $	500	0.01 lot	0.7 pips	$ 0	100 %	✔	MT4, WebTrader	Cyprus Cyprus	CySEC	STP	⬤ Average
100 $	500	0.01 lot	1 pips	$ 0	100 %	x	MT4, MT5, IRESS	Vanuatu Vanuatu	VFSC	STP, DMA	⬤ Average
200 $	500	0.01 lot	0.5 pips	$ 0	100 %	✔	MT4, cTrader	Seychelles Seychelles	FSA	DMA	⬤ Low
100 $	400	0.01 lot	0.1 pips	$ 0	110 %	x	MT4, MT5, MT5 WebTerminal, Currenex, cTrader	Cayman Isl. Cayman Isl.	CIMA	STP, DMA, ECN pricing	⬤ High
200 $	500	0.01 lot	1.4 pips	$ 0	80 %	x	MT4, MT4 WebTerminal, MT5, MT5 WebTerminal	Cayman Isl. Cayman Isl.	CIMA	STP, DMA, ECN pricing	⬤ Average
100 $	500	0.01 lot	1.2 pips	$ 0	80 %	✔	MT4, MT4 WebTerminal, MT5	Cayman Isl. Cayman Isl.	CIMA	STP, ECN pricing	⬤ Low
100 $	400	0.01 lot	1 pips	$ 0	100 %	✔	MT4	Cyprus Cyprus	CySEC	MM	⬤ High
100 $	500	0.01 lot	1 pips	$ 0	100 %	✔	MT4	Seychelles Seychelles	FSA	STP, DMA, ECN pricing	⬤ Low
50 $	2000	0.01 lot	1.5 pips	$ 0	100 %	x	MT4	Seychelles Seychelles	FSA	STP, ECN marketing	⬤ Average

⭐ BEST Forex Brokers for Beginners