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Best Forex Brokers 2019 - How to profit with leverage

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best forex brokers 2019
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Forex trading platforms

Some of the best forex brokers regulated by FCA (UK) and ASIC (AU) deliver currency pairs and cryptocurrencies, including Bitcoin, Litecoin and Ripple. The brokers offer traders direct access to the interbank liquidity.

Traders can speculate on the forex and crypto markets by using leverage up to 1:1000.

When trading at an ECN forex broker, traders can benefit from very low spreads and even no spreads at certain times. Because quotes are derived from multiple banks and market makers, traders can also expect to receive the best bid/ask prices on currency pairs.

Best Forex Brokers







Visit Broker

IQ Option






Visit IQ Option







Visit ForTrade







Visit NordFX

iq option forex broker

IQ Option

IQ Option is a forex broker, offering CFDs on over 400 assets to retail traders via powerful web platform. The broker offers over 80 currency pairs. You can also trade cryptocurrencies, such as Bitcoin, Litecoin, Ethereum and Dash.

  • Regulated by: CySEC (EU)
  • Min Deposit: $10
  • Leverage: 1:500
  • Spreads: 0.02 %
  • Platforms: Web, App
ForTrade forex broker


ForTrade is a STP forex broker based in the UK and regulated by the Financial Conduct Authority (FCA). Traders can enjoy a superfast platform that executes trades in a timely fashion at the price they want. By using Stop loss and Take profit levels, traders can easily automate opened positions. ForTrade uses its own trading software with over 50 currency pairs and 4 cryptocurrencies, including Bitcoin, Ethereum, Litecoin and Dash. You can choose to trade with leverage up to 1:200 and deposits start at $100.

  • Regulated by: FCA (UK)
  • Min Deposit: $100
  • Leverage: 1:200
  • Spreads: 2.2 pips (EUR/USD)
  • Platforms: Web Fortrader, MT4
NordFX forex broker


NordFX is one of the few forex brokers offering leverage up to 1:1000. Traders can choose between multiple accounts and over 30 trading instruments. You can speculate on over 30 currencies and 6 cryptocurrencies, including BTC, LTC, ETH, DSH, XRP and BCH. The high leverage of 1:1000 is available for both forex pairs and crypto pairs. With Zero account, traders can have direct access to interbank liquidity. The spreads start at 0.0 pips, and you can set up your account in U.S. dollars or Bitcoins.

  • Regulated by: FSC (VU), CySEC (EU)
  • Min Deposit: $10
  • Leverage: 1:1000
  • Spreads: 0.3 pips (EUR/USD)
  • Platforms: MT4

Best Trading Conditions

The forex brokers should provide market access and liquidity to traders. In a business model as market maker, the forex broker might take the opposite side of your trade, which obviously creates a conflict of interest. The ECN broker, on the other hand, will pass your order to the interbank market and will match your trade with other traders.

There is also a third type of broker, called STP. If you choose to trade with an STP broker, your orders will be instantly passed to liquidity providers. Based on what type of broker you choose, you pay different fees, swaps and spreads.

Traders can usually choose between fixed fees per trade or variable spreads (bid/ask prices). The spreads depend on market liquidity, which means the lowest spreads are charged on the major forex pairs. As a trader, you are obviously interested in paying low fees and low spreads, and it is up to you to investigate any broker you are willing to trade with.

Best Mobile Solutions

You can still trade on your mobile device in browser if you use the broker’s WebTrader platform. A better solution would be the MetaTrader 4 app, which is available on the App Store and Google Play. There are also brokers who create their own mobile platforms on which to trade forex and cryptocurrencies with leverage.

While trading, mobile users are evidently looking for fast executions, minimum delays on the platform performance and no freezing. To find the best mobile solution, traders should demo any forex app they are considering.

Best Customer Support

Your personal contact with your broker is always important. No matter the issue, you should always be able to reach customer support instantly. Many forex brokers offer 24/5 live chat, which is ideal for most people.

Some brokers prefer to work on a ticket system, which also has advantages as you can always look back on the chat history. However, receiving feedback may take up to 24 hours.

As a retail trader, you might want to escape from the market makers and choose an ECN broker that will pass your orders to the market. If you select an STP broker, you can benefit from fast order executions on a straight through processing platform. Whatever broker you trade with, you are obviously looking to pay lower fees and low spreads, so you should choose your forex broker wisely.