1.Exness:

Exness has both ECN and market maker broker facilities. Exness has been the biggest retail forex broker in the world since 2015

Why it is best:

1. .No commission at all (but ECN account charge commission)
2. Instant payment system.
3. Unlimited leverage

Limitations:

1. Spreads are little bit higher when compare with IC markets.
2. Exness is not publicly traded and does not operate a bank.

My view:

Considering all the pros and cons, I come to a conclusion that Exness is  one of the  best forex broker. So I put this broker in the 2nd position of my list. 

To open an account in Exness or to visit Exness website just click the button below :

2.IC Markets:

IC Markets is the world’s largest true ECN australian forex broker, regulated by top tier australian regulator named ASIC (AFSL No. 335692). Also it gained licence from CySEC. So it is considered as a safe broker. It started its journey from 2007 and running very successfully.

Why it is best:

1. One of the safest broker to deposit, trade and withdraw.
2. Spreads are very low even starting from 0.0
3. No fees in deposit and withdrawal.
4. IC Markets offers 24/7 customer support, whereas other brokers offer 24/5 .
5. Commision is also low compare to others.
6. Ultra fast order execution. Average execution speeds of under 40ms.

Limitations:

1. Negative balance protection is not available yet.
2. Withdrawal time is a little bit longer compare to other brokers because some brokers offer instant withdrawal.

My view:

Considering all the pros and cons, I come to a conclusion that IC Markets is one of the best forex broker. So I put this broker in the 1st position of my list.

To open an account in IC Markets or to visit IC Markets website just click in the button below

3. FBS

FBS is an international broker with more than 150 countries of presence. 23 000 000 traders and 410 000 partners have already chosen FBS as their preferred Forex company.

To provide the best customer experience FBS organizes seminars and special events, providing its clients with training materials, cutting-edge trading technologies and latest strategies on the Forex market. Both newbie and professional traders will find these sessions useful. Every event is thoroughly planned and prepared in advance to make sure everything goes perfect. During the break guests are offered delicious food and coffee. All meetings take place in a family-like atmosphere, where everyone is welcome and can enjoy the company of the best FBS traders and partners. And most importantly, participation in all our events is absolutely free.

We value diversity of our clients and understand that different categories of customers have different demands. Specially for Muslim traders we provide swap-free accounts (also known as Islamic accounts), that do not contradict with the teachings of Islam.

If you are looking for a reliable and honest broker, consider opening an account at FBS. You will be surprised how easy and comfortable trading on Forex can become when there is a professional company standing behind you.

4.Forex Time(FXTM):

FXTM is also a popular ECN/STP broker established in 2011 regulated by CySEC, FCA, FSC.

Why it is best:

1. One of the safest broker to deposit, trade and withdraw.
2. No commission at all.
3. No fees in deposit and withdrawal.
4. Withdrawal is instant upto a limit, usually with in 1 minute.
5. Negative balance protection.

Limitations:

1. Spreads are little bit higer when compare with IC markets and Tickmill.
2. Sometimes scalping becomes difficult because of the higher spreads.

My view:

Considering all the pros and cons, I come to a conclusion that FXTM is  also one of the  best forex broker. So I put this broker in the 3rd  position of my list. 

To open an account in FXTM or to visit FXTM website just click the button below :

5.XM:

XM is the most popular market maker broker of the world. Regulated by the Financial Conduct Authority, UK (FRN: 705428), CySEC (Licence: 120/10), and ASIC (AFSL #443670).

Why it is best:

1. One of the safest broker to deposit, trade and withdraw.
2. Spreads are very low  strating from 0.1
3. No fees in deposit and withdrawal.
4. XM Group offers over 10,000 different instruments to trade, including over 90 currency pairs.
5. Withdrawal is quick usually within (2-6) hours.

Limitations:

1. As it is a MM broker, spreads become wider during news hours.

My view:

Considering all the pros and cons, I come to a conclusion that XM is  also one of the  best forex broker. So I put this broker in the 4th position of my list. 

To open an account in XM or to visit XM website just click the button below :

6.Tickmill:

Tickmill is relatively new ECN broker established in 2014 regulated by CySEC, FCA, FSC and SC. Its popularity increasing everyday.

Why it is best:

1. .One of the safest broker to deposit, trade and withdraw.
2. Spread starts from 0.0.
3. Gives negative balance protection.
4. Commission is very low compare to other brokers

Limitations:

1. Have only two trading platform – MT4 and web Trader

My view:

Considering all the pros and cons, I come to a conclusion that Exness is  also one of the  best forex broker. So I put this broker in the 5th position of my list. 

To open an account in Exness or to visit Exness website click just the button below :