The Brokers product is designed to guide traders in their quest to find the right broker. The information on this page is actively maintained by Forex Factory staff, who research and monitor the listed brokers on a daily basis.
This page contains more information than what is first seen. Each section can be expanded by clicking the expand icon () at top, and several column headers have an icon () which contains important information about the column's format and methodology. Most columns can be sorted (brokers initially appear in random order), and most cells on the grid display a white arrow in the bottom-right corner, denoting that there's a comment attached.
The 'Spreads' section pulls rates from each broker's standard live account, in real-time, and displays the current spread in terms of pips. All spreads are representative of what 'standard-account' traders are seeing on their platform, and no demo accounts are included. The broker's 'standard' account is considered the one which services the most customers, and is denoted in the comment of each spread.
All listed brokers are considered by Forex Factory to be 'properly regulated,' meaning they are regulated by an agency that enforces strict compliance standards, fair dealing practices, and periodic audits. These agencies are partially listed at the top of the 'Regulator(s)' column. It's important to note that regulation is not necessarily a guarantee that a broker is safe or fair.
Brokers pay Forex Factory a fee to be listed on this page, so a claim of complete independence cannot be made. However, this product was entirely designed from a trader's perspective, and several practices have been implemented to ensure information is presented impartially. These practices include disallowing brokers that do not meet Forex Factory's published regulatory requirements, charging the same fee schedule to all brokers, not selling preferential treatment of any kind, making a best attempt to verify information listed, and contractually holding final editorial control.
If you feel any information needs to be corrected or added, please send feedback through the contact form.