Broker Comparison Table/chart - best way to choose the right broker | Forex Factory

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Broker Comparison Table/chart - best way to choose the right broker

  • #1
  • First Post: Apr 25, 2011 11:09pm Apr 25, 2011 11:09pm
Broker Comparison chart - best way to choose the right broker
I spent a lot of time going thru many messages in different threads and unable to find the right choice. Is there a comparison chart/table of all the main brokers somewhere here ? Or can someone advise a reliable decent broker for the below.

1. Need MT4 platform
2. Able to trade micros
3. Not having to pay anything behind the scenes. (Not worried about the spreads, but should not take pips/amount without my knowledge).
  • #2
  • Apr 26, 2011 12:44am Apr 26, 2011 12:44am
Quoting kuvala
Broker Comparison chart - best way to choose the right broker
I spent a lot of time going thru many messages in different threads and unable to find the right choice. Is there a comparison chart/table of all the main brokers somewhere here ? Or can someone advise a reliable decent broker for the below.

1. Need MT4 platform
2. Able to trade micros
3. Not having to pay anything behind the scenes. (Not worried about the spreads, but should not take pips/amount without my knowledge).
ibfx.com
  • #3
  • Apr 26, 2011 12:48am Apr 26, 2011 12:48am
Oanda
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #4
  • Dec 20, 2011 6:17am Dec 20, 2011 6:17am
you may find this useful:

http://www.forexfactory.com/showthread.php?t=332202
  • #5
  • Apr 16, 2014 7:27am Apr 16, 2014 7:27am
The thread isn't clear enough to me as whether you're looking for Forex broker, trading shares broker, Spread betting broker or a CFDs broker; I will therefore just direct you to a website I used myself to chosing my SB broker, but if the intention is to choose FX broker CFDs or stock trading broker, it suffices to just click on the section correspendent

http://www.independentinvestor.com/s...ng/compare.php (Spread Betting brokers)
http://www.independentinvestor.com/cfd/compare.php (CFDs brokers)
http://www.independentinvestor.com/forex/compare.php( FX brokers)
  • #6
  • Apr 16, 2014 9:54am Apr 16, 2014 9:54am
Quoting Saroman
The thread isn't clear enough to me as whether you're looking for Forex broker, trading shares broker, Spread betting broker or a CFDs broker; I will therefore just direct you to a website I used myself to chosing my SB broker, but if the intention is to choose FX broker CFDs or stock trading broker, it suffices to just click on the section correspendent http://www.independentinvestor.com/s...ng/compare.php (Spread Betting brokers) http://www.independentinvestor.com/cfd/compare.php (CFDs brokers) http://www.independentinvestor.com/forex/compare.php(...
This is a 3 year old thread and the OP has not been on line for 2 years.

Good advice though keep up the great work
  • #7
  • Apr 17, 2014 2:58am Apr 17, 2014 2:58am
Hope this helps:
http://www.bestonlineforexbrokers.co...x-Brokers.html
  • #8
  • Apr 18, 2014 2:14am Apr 18, 2014 2:14am
Quoting undergroundz
Hope this helps: http://www.bestonlineforexbrokers.co...x-Brokers.html
Rather helpful list, thanks undergroundz
  • #9
  • Apr 18, 2014 10:17am Apr 18, 2014 10:17am
Quoting mitch77
{quote} This is a 3 year old thread and the OP has not been on line for 2 years. Good advice though keep up the great work
Cheers mate
  • #10
  • Apr 18, 2014 10:23am Apr 18, 2014 10:23am
Quoting undergroundz
Hope this helps: http://www.bestonlineforexbrokers.co...x-Brokers.html
There is a message just above the comparison table that says :
"Based upon average ratings from individual forex traders collected world wide from numerous websites throughout the Internet"

Is this data accurate? I see some well reputable brokers well under some brokers I have never heard of in this table!
  • #11
  • Edited 7:45am Sep 25, 2015 7:23am | Edited 7:45am
Has anyone updated this file since the last post?
  • #12
  • May 7, 2016 12:45pm May 7, 2016 12:45pm
Quoting undergroundz
Hope this helps: http://www.bestonlineforexbrokers.co...x-Brokers.html
Do not see Forex.com on list
  • #14
  • Apr 11, 2017 12:33pm Apr 11, 2017 12:33pm
Best way to choose a broker is:
1. Regulation
2. Cost of trading comparison (spread + commission). You will get this info when you go to myfxbook, tick the commisson box and then sort by symbol:
Attached Image (click to enlarge)
Click to Enlarge Name: Myfxbook.PNG Size: 181 KB


The image shows you 6 top brokers as to Myfxbook.
  • #15
  • Last Post: Oct 10, 2019 7:38pm Oct 10, 2019 7:38pm
The comparison is very good. However, the major objective of a trader is to make money by maximizing profit and continuously cutting cost. Bearing this in mind, the best criteria in searching for a broker will be ones with low cost in all areas like spread, commission etc and one that has the platform that supports this like trading platform, customer services, cost of withdrawal and deposit charges. Please, I need someone to recommend a broker to me bearing the above highlights in mind
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