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5 Best Forex Brokers in Kenya for 2024

Looking for the top forex broker in Kenya? Based on our hands-on analysis, we’ve identified the 5 best options tailored to various trading needs. Practical tips from our experts are included.

By:
Vladimir Zernov
Reviewed By:
Ola Alder
Updated: Mar 24, 2024

List of Top Forex Brokers in Kenya

In-house Exness Terminal, MetaTrader 4, MetaTrader 5. Competitive fees. VPS hosting. Trading signals by Trading Central

Strong educational and research support. MetaTrader 4, MetaTrader 5. Copy trading and automated trading.

Full suite of MT4 and MT5 platforms. Custom MT4 indicators. VPS hosting. User-friendly mobile app. Solid educational and research support.

Competitive fees for forex and commodities. AvaProtect risk management tool. AvaTrade Web platform, AvaTradeGO, MetaTrader 4, MetaTrader 5.

cTrader, MetaTrader 4, MetaTrader 5. Competitive spreads. Trading Central, Autochartist. VPS hosting. 800+ tradable instruments.

Forex Trading in Kenya

Forex trading in Kenya is regulated by the Capital Markets Authority (CMA), which ensures that all forex brokers operating in the country are licensed and adhere to strict standards of financial stability and integrity. The regulatory framework focuses on protecting investors, requiring brokers to maintain segregated accounts for client funds and implement robust risk management systems.

Kenyan traders can also engage with international forex brokers, but it’s crucial to ensure the firms are regulated by reputable authorities and to be mindful of guidelines set by Kenya’s CMA for compliance and risk management.

How Did FX Empire Select the Best Brokers in Kenya?

FXEmpire's Methodology

To choose the best brokers in Kenya, we used the FXEmpire’s proprietary methodology to find the leaders in each category. We focused on the following key features:

  • We selected trustworthy and transparent brokers that accept clients from Kenya.
  • We prioritized brokers regulated by CMA or other top-tier agencies.
  • We preferred brokers that offer localization in terms of the website and customer support language, as well as payment methods.
  • We favored brokers that allow the Kenyan Shilling (KES) as the base currency of the account.
  • We focused on brokers that offer low trading fees.
  • We listed brokers that have user-friendly and feature-rich platforms.
  • We checked if the brokers provide bonuses and promotions for Kenya-based clients.

Our team of experts has identified each broker’s strengths and weaknesses using FX Empire’s comprehensive methodology. I subsequently used my 16 years of forex trading experience to examine and analyze all our findings, resulting in the selection of the best brokers for Kenyan traders across various categories. Here’s how we test.

Now, let’s explore the selected brokers.

Best Overall

General Risk Warning: CFDs are leveraged products. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The investment value can both increase and decrease and the investors may lose all their invested capital. Under no circumstances shall the Company have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to CFDs.
  • Min Deposit
    $0
  • Tradable Instruments
    240
  • Fees
    Medium

Founded in 2008, Exness is a broker based in Limassol, Cyprus, regulated by authorities in Kenya, as well as the FCA UK and CySEC. It offers trading in forex pairs, indices, cryptocurrencies, stocks, and commodities, accessible through its proprietary Trading Terminal platform and MetaTrader 4 and 5. Traders of varying experience levels have the option to choose from several account types to best suit their needs.

Regional Features:

  • Entity for Kenyan Clients: Tadenex Limited, regulated by CMA
  • Maximum Leverage: 1:400
  • Available Platforms: Exness Terminal, MT4, MT5
  • KES as a Base Currency: Yes

Exness provides a well-rounded offering, which includes a wide choice of trading platforms, competitive fees, and a solid range of tradable instruments. Exness’ clients benefit from access to the feature-rich and user-friendly Exness Terminal platform. Additionally, they have the option to utilize the widely-used MetaTrader 4 and MetaTrader 5 platforms.

Kenya-based clients have access to several deposit and withdrawal methods, including bank cards and local M-Pesa. An additional advantage for professionals is the free access to VPS hosting. Traders will also benefit from trading signals by Trading Central, available in the personal area under “Analyst Views.”

Our live tests revealed that Exness offers competitive fees for their standard account. The spreads for the EUR/USD pair ranged between 0.8 and 1.0 pips, while the spreads for the GBP/JPY pair were around 2.0. The broker also offered low spreads for Apple (0.09 pips) and Tesla (0.11 pips). The fees for such instruments are notably better than the industry average.

Pros
  • Tight spreads on forex pairs
  • Free VPS
  • Feature-rich Exness Terminal platform
  • 24/7 support
Cons
  • Limited number of stock CFDs

Best for Beginners

4.3
Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.
  • Min Deposit
    $5
  • Tradable Instruments
    164
  • Fees
    Medium

Established in 2009, FBS is a broker based in Limassol, Cyprus, operating in over 150 countries and holding licenses from reputable regulators like CySEC and ASIC. Features such as a Cent account, free withdrawals, and a comprehensive selection of educational materials make FBS a compelling choice for beginner traders.

Regional Features:

  • Entity for Kenyan Clients: FBS Markets Inc., regulated by IFSC Belize
  • Maximum Leverage: 1:3000
  • Available Platforms: MetaTrader 4, MetaTrader 5, FBS mobile app
  • KES as a Base Currency: No

FBS provides access to the widely-used MetaTrader 4 and MetaTrader 5 platforms and offers comprehensive educational support. This includes a variety of resources such as articles, platform tutorials, trading ideas, videos, courses, and a glossary, essential for beginners taking their first steps in the markets.

In terms of research, FBS delivers up-to-date news and market analysis from its internal team of experts, encompassing both technical and fundamental insights. For Kenyan traders, the broker offers convenient deposit and withdrawal methods, including bank cards, e-wallets, and cryptocurrencies.

Regarding fees, our evaluations found FBS’s spreads on major forex pairs to be competitive, with EUR/USD spreads ranging from 0.8 to 1.1 pips in our tests. Commodities spread, such as 0.05 pips for WTI oil and 33 pips for gold, were generally in line with industry averages.

Pros
  • Competitive spreads in major forex pairs
  • Strong educational and research support
  • Reliable customer service
  • No withdrawal fees
Cons
  • Low level of client’s protection

Best MT4

4.4
Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence.
  • Min Deposit
    $200
  • Tradable Instruments
    593
  • Fees
    Medium

Founded in 2011, FXTM is regulated by FCA, CySEC, FSCA, CMA (Kenya) and FSC Mauritius. The broker offers trading in forex, indices, stocks, and commodities.

Regional Features:

  • Entity for Kenyan Clients: Exinity Capital East Africa Ltd, regulated by the CMA (Kenya.
  • Leverage: Up to 1:2000
  • Available Platforms: MT4, MT5, FXTM Trader mobile app
  • KES as a Base Currency: No

FXTM provides access to the popular MetaTrader 4 and MetaTrader 5 platforms, as well as its in-house FXTM Trader mobile app. The offering includes the full MT4 version with tools like MQL4, Expert Advisors, and VPS hosting. Additionally, FXTM offers a set of MT4 indicators, including Pivots SR Levels and Pip Value Calculator.

Traders have access to a robust educational offering along with solid research support from FXTM’s in-house team that covers both fundamental and technical analysis. FXTM offers articles, ebooks, and video content to help new traders navigate the complexities of the markets. Furthermore, the broker assigns clients a dedicated customer solutions representative, facilitating even smoother interaction with the broker.

My research indicated that trading costs for the Micro account were average for the industry. For instance, I found the spread for gold varied between 36 and 45, while the spread for EUR/USD was 2. The Advantage account offered more competitive spreads but also included commission charges. The broker provides multiple deposit and withdrawal options, including local methods.

Pros
  • Custom MT4 indicator
  • Strong educational and research content
  • Intuitive in-house trading app
  • Dedicated support representative
Cons
  • Withdrawal and inactivity fees
  • A limited number of tradable instruments

Best Low Spreads

Trading CFDs and FX Options entail risk and could result in the loss of your capital.
  • Min Deposit
    $100
  • Tradable Instruments
    853
  • Fees
    Medium

Founded in 2006, AvaTrade is a globally regulated broker and is authorized and regulated by eight financial regulators, including CySEC, ASIC, and FSA Japan. AvaTrade array of 1250 tradable instruments boasts forex pairs, stocks, ETFs, options, indices, commodities, cryptocurrencies, and bonds.

Regional Features:

  • Entity for Kenyan Clients: Ava Trade Markets Ltd., regulated by FSC BVI
  • Maximum Leverage: 1:400
  • Available Platforms: MT4, MT5, AvaTrade Web platform, AvaTradeGO
  • KES as a Base Currency: No
  • Bonus for Kenyan Clients: 20% first deposit bonus

Our evaluation revealed that AvaTrade’s fees for forex and commodities are notably competitive compared to industry averages. For instance, live tests showed EUR/USD spreads at 0.9 pips and WTI oil spreads averaging 0.3 pips. However, spreads for stocks and indices, such as 5 to 6 pips for Dow Jones and an average of 1.98 pips for Tesla, were generally above the industry norm.

AvaTrade offers a diverse range of trading platforms, including the renowned MT4 and MT5, the user-friendly AvaTrade Web platform, and the AvaTradeGO mobile app. Its portfolio is unique, featuring a variety of asset classes like bonds and forex options, which are less common in other brokers’ offerings.

The broker also provides access to the esteemed Trading Central research tool and AI-powered trading signals, beneficial for beginners embarking on their trading journey and looking to enhance their skills. Additionally, AvaTrade clients can utilize the exclusive AvaProtect risk management feature on AvaTrade platforms, offering trade protection against losses for a specified fee.

Pros
  • Variety of account types
  • 1,250+ tradable instruments
  • A solid selection of trading platforms
  • Strong research and educational offering
Cons
  • No compensation scheme

Best for Professional Traders

Contracts for Difference (CFDs) are leveraged over-the-counter derivative products and carry a high level of risk to your capital. You should only risk capital that you can afford to lose. In certain circumstances, due to fluctuations in market value you may not get back your initial investment amount. You may not only lose your initial investment but you may incur a liability to pay a further amount to cover losses. This means you can lose more money than you have invested.
  • Min Deposit
    $100
  • Tradable Instruments
    8977
  • Fees
    Low

FP Markets, established in 2005 and headquartered in Australia, operates globally and is regulated by top-tier entities including ASIC and CySEC. It offers clients an impressive selection of over 800 instruments from diverse markets, along with excellent order execution conditions, generally low fees, and numerous other advantages.

Regional Features:

  • Entity for Kenyan Clients: FP Markets LLC, registered in St. Vincent & the Grenadines, unregulated
  • Maximum Leverage: 1:500
  • Available Platforms: MT4, MT5, cTrader
  • KES as a Base Currency: No

My research indicated that FP Markets offers a diverse array of tradable instruments, including 680+ stocks from Europe, the UK, the U.S., and Asia. The broker also provides VPS hosting, which is a valuable feature for algorithmic traders. Copy trading services include Signal Start and FP Markets Copy trading, so professional traders have a choice of platforms for providing their trading signals.

FP Markets offers a Traders Toolbox for MetaTrader 4. This is a set of 12 distinct tools, which includes Correlation Trader (compares correlations between two symbols), Sentiment Trader (gauges market sentiment), and Excel RTD (inserts account, ticket, and price data into Excel). I find correlation tools very handy for coming up with new trade ideas. FP Markets also offers other well-known analysis tools like Autochartist and Trading Central.

Our live tests indicated that FP Markets offers mid-to-low spreads compared to the broader industry. For example, during my live testing, the EUR/USD spreads varied between 1.0 and 1.2 pips, while the GBP/JPY spreads hovered between 1.5 and 1.9 pips. Notably, the broker does not impose deposit, withdrawal, or inactivity fees.

Pros
  • Competitive spreads in major forex pairs
  • Strong educational and research support
  • Reliable customer service
  • No withdrawal fees
Cons
  • Low level of client’s protection

How to Choose A Forex Broker In Kenya?

Use our guide to define the best forex broker in Kenya according to your trading goals.

How to choose a safe forex broker in Kenya?

Choosing a safe forex broker in Kenya involves several key steps to ensure you’re entrusting your investments to a reliable and legitimate entity. Here are some essential factors to consider:

  • Regulatory Compliance: Ensure the broker is regulated by a reputable financial authority. In Kenya, the Capital Markets Authority (CMA) is the primary regulatory body. Additionally, many reliable brokers are regulated by international bodies like the UK’s Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), or the Cyprus Securities and Exchange Commission (CySEC).
  • Segregation of Funds: Check if the broker practices segregation of client funds. This means your funds are kept separate from the broker’s operational funds, providing protection in the event of the broker’s insolvency.
  • Local Presence and Support: Prefer brokers that offer localized support and services. This includes customer service in Swahili or English, local deposit and withdrawal methods, and the inclusion of Kenyan Shilling (KES) as a base currency option.
  • Transparent Fee Structure: A safe broker should have a clear and transparent fee structure. Understand all potential costs associated with trading, including spreads, commissions, and any other fees.
  • Leverage and Margin Requirements: Understand the broker’s policies on leverage and margin. While high leverage can amplify gains, it also increases the risk of significant losses.

Read more about Best regulated forex brokers.

What fees to consider when choosing a broker?

Typically, brokers charge spreads, commissions, swap/rollover fees, and inactivity fees.

  • Spread. It is the difference between the bid and the ask price. The higher the spread, the more you pay for the trade. In our rating system, we deem spreads below 1 pip for EUR/USD and 3 pips for GBP/JPY to be low.
  • Commission. It is a fixed cost of entering the trade. Accounts that charge commissions usually offer lower spreads. For example, commissions below $3 for forex pairs and gold are considered low.
  • Swap/rollover fee. It is charged when you hold a leveraged position overnight. Traders should pay extra attention to these fees if they plan to use swing trading strategies, which involve holding positions for several days or even weeks. A swap rate below 0.5 pips for forex pairs is considered favorable.
  • Inactivity fee. A broker imposes an inactivity fee when an account remains dormant for a specified period. In this case, a certain amount of money is charged monthly. An inactivity fee below $10 is considered to be low.

Check out our list of Best lowest spread forex brokers and Best low swaps forex brokers.

How to choose a suitable account type?

Typically, forex and CFD brokers offer the following types of accounts:

  • Demo Accounts: These are used for practicing without risking real money and are highly recommended for novice traders who are just beginning in trading. Read more about Best forex demo accounts.
  • Spread-Based Accounts: These typically incur spreads and swap/rollover fees. They are often a good choice for traders whose trading volume is expected to be relatively modest. Read more about Best STP forex brokers.
  • Commission-Based Accounts: These charge commissions in addition to spreads and swap/rollover fees and usually offer tighter spreads. They are suitable for traders anticipating a high volume of trading. Read more about Best ECN forex brokers.
  • Islamic Accounts: Swap/rollover fees are not charged on these accounts to ensure compliance with Sharia law. Read more about Best Islamic forex accounts.
  • Professional Accounts: These usually require a high minimum deposit and offer access to the higher leverage sought by most professional traders.

When choosing a forex broker account, consider your experience level, trading volume and strategy. Pay close attention to the costs associated with each account type, including spreads, commissions, and any additional fees.

How to choose a trading platform?

In today’s trading landscape, it’s common to find brokers offering platforms such as MetaTrader 4 and MetaTrader 5. While these platforms come equipped with a range of tools, they’re typically more appropriate for traders with some experience. Beginners may find these platforms challenging initially and might need time to familiarize themselves with the complexities.

Check out our dedicated guides on best MT4 brokers and best MT5 brokers.

Alternatively, some brokers offer their own proprietary trading platforms, designed with a broader range of traders in mind. These in-house platforms usually stand out for their ease of use and intuitive navigation, making them a more welcoming option for those new to trading.

The choice of a trading platform should align with your trading style, experience, and personal preferences. In my view, if you’re just starting out, you’ll likely be better served by a broker’s proprietary, user-friendly platform or mobile app. On the other hand, seasoned traders often lean towards the advanced functionalities offered by platforms like MT4 or MT5.

Explore our picks of best forex trading platforms.

What leverage is available for Kenyan traders?

Leverage allows traders to enhance their profits using borrowed funds. While higher leverage can lead to greater profits, it also magnifies potential losses, acting as a double-edged sword. Therefore, it’s advisable for beginners to start with lower leverage levels to minimize the risk of significant losses.

Entities regulated by the Kenyan CMA offer leverage up to 1:400, which is high compared to the leverage offered by top-tier regulators like the UK’s FCA or ASIC. Kenyan traders also have the option to open accounts with offshore entities of brokers, gaining access to even higher leverage levels, such as 1:3000.

Read more about best forex brokers with high leverage.

What to avoid when choosing a broker?

Based on my trading experience, I have outlined the five things to avoid when choosing a broker:

  • Failing to verify regulatory compliance.
  • Overlooking broker fees, such as spreads, commissions, and swap rates.
  • Selecting an account type that does not match your requirements.
  • Neglecting to review the range of instruments provided by the broker.
  • Avoiding direct communication with the support team before opening an account.

How to avoid forex and CFD scams?

To safeguard yourself against forex scams, follow these essential guidelines:

  • Opt for a reputable broker: Conduct thorough research to identify a broker with a solid reputation and a history of regulatory compliance. Verify its credentials and look for reviews or testimonials from reliable sources.
  • Check the regulatory status: Ensure that the broker you selected is regulated by a recognized financial authority. This oversight provides a decent level of protection and ensures adherence to industry standards.
  • Be cautious of unrealistic promises: Beware of brokers or investment schemes that promise guaranteed high returns or low-risk opportunities. Forex trading involves inherent risks, and legitimate brokers will not make unrealistic claims.
  • Avoid unregulated entities: Steer clear of unregulated brokers or those operating from offshore jurisdictions with weak regulations. Regulatory oversight helps protect your funds and ensures fair trading practices.
  • Understand the terms and conditions: Read and comprehend the broker’s terms and conditions, including fee structures, withdrawal policies, and any potential hidden costs. Beware of brokers that make it difficult to access or withdraw your funds.
  • Use secure payment methods: Choose reputable payment methods that offer additional security layers, such as bank transfers or established electronic payment systems. Avoid dealing with brokers that solely accept cryptocurrency or other non-traceable forms of payment.
  • Stay informed and educated: Continuously educate yourself about forex trading and stay updated on market trends and news. This knowledge will empower you to make informed decisions and identify potential scams.
  • Trust your instincts: If something seems too good to be true or raises suspicions, trust your gut instinct and exercise caution. Take the time to seek advice from trusted financial professionals or consult with experienced traders before making any decisions.

Our Methodology

FX Empire, with a history dating back to 2011, has established itself as a reputable authority in broker reviews. Our extensive experience in evaluating CFD brokers, spanning over a decade, has led us to develop a meticulous and comprehensive review strategy. Adhering to stringent guidelines for editorial integrity, we consistently uphold our commitment to deliver unbiased evaluations.

We follow a diligent protocol for our review process, integrating objective criteria and quantifiable data. This methodical approach allows us to generate a justified score that accurately reflects the performance of a broker. Our mission is to provide traders with thorough and unbiased reviews, empowering you to make well-informed decisions aligned with your specific needs.

To choose the best brokers for you, we rate them across nine categories and calculate a score that reflects their performance. The categories include:

  • Trust and Stability
  • Fees
  • Platform and Tools
  • Tradable Instruments
  • Account Types
  • Deposit and Withdrawal
  • Research
  • Customer Support
  • Education

We open accounts, test platforms, measure spreads, and chat with support teams to collect as much data as possible for each broker. Overall, we evaluate brokers based on more than 250 distinct data points. Every category receives a rating from one star (weak) to five stars (excellent). The broker’s total score depends on its performance in each of these nine categories.

For this guide, my focus was on forex brokers ideally suited for traders in Kenya. Priority was given to brokers offering localized websites, customer support, platforms, and the availability of local deposit and withdrawal methods. Inclusion of the Kenyan Shilling (KES) among base currencies, as well as bonuses and promotions tailored specifically to Kenyan clients, were also key considerations.

We highlight each broker’s strengths and weaknesses, explain regulatory details, and share the results of our live tests of brokers’ fees, customer support, and trading platforms. Learn more about our review process here.

Meet our Writers

The team of forex and CFD writers and editors at FX Empire is composed of trading industry professionals and seasoned financial journalists. Our writers have been published on leading financial websites such as Investopedia and Forbes. In addition, they all have extensive trading experience.

Get to Know Our Authors

Dan BlystoneBroker Analyst

Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.

Jitan SolankiBroker Analyst

Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. A qualified Market Technician, Jitan also works with trader education and brokerage companies on various projects. These include market analysis, live trading events, and broker reviews. As an experienced trader and educator, Jitan brings all his qualities in action when reviewing and recommending brokers.

Plamen StoyanovBroker Analyst

Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold. He earned a Bachelor's degree in Economics and International Relations. Plamen's broad experience has equipped him with the expertise to recommend the best forex brokers.

Vladimir ZernovBroker Analyst

In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.

Yes, forex and CFD (Contract for Difference) trading are allowed in Kenya. The forex market has been growing in Kenya, and it's regulated by the Capital Markets Authority (CMA) of Kenya.
The Capital Markets Authority (CMA) is a regulatory body responsible for supervising, licensing, and monitoring the activities of capital markets in Kenya.
To verify if a forex broker is regulated in Kenya, you can check the official website of the Capital Markets Authority (CMA) of Kenya, which provides a list of licensed and regulated forex brokers. Additionally, reputable forex brokers typically display their regulatory status and license numbers on their own websites, which you can cross-reference with the CMA's records for confirmation.
International traders can participate in the Kenyan forex market, but they must adhere to regulations set by Kenya's Capital Markets Authority (CMA) and ensure compliance with both Kenyan and their home country's trading laws.
Our research showed that FBS is a good choice for beginners in Kenya due to its wide range of educational materials and Cent account option.
We determined FP Markets as the best for professional traders in Kenya. The broker offers 13,000+ instruments, competitive spreads, as well as research tools from Trading Central and Autochartist.
Yes, in Kenya, profits from forex trading are subject to taxation. According to the Kenya Revenue Authority (KRA), income from forex trading falls under capital gains and is taxable. Traders are required to declare their earnings and comply with the tax regulations. Traders should consult with a tax professional or refer to the KRA for specific guidance on how forex trading profits are taxed and the applicable rates, to ensure compliance with Kenyan tax laws.
Brokers regulated by top-tier authorities like the FCA or ASIC adhere to stringent standards, offering higher investor protection, strict fund segregation, and lower leverage limits. In contrast, offshore-regulated brokers often have more lenient regulations, potentially allowing higher leverage but providing less investor protection and financial security.
Yes, you can trade with an offshore broker in Kenya, but it's important to exercise caution.
Yes, crypto trading is available in Kenya.
You cannot trade forex in Kenya without a broker.

About the Author

Vladimir ZernovBroker Analyst

In more than 15 years of trading in the financial markets, Vladimir dealt with a wide range of brokers and financial instruments. His career as a day-trader at a proprietary trading firm goes back to 2007. Later, Vladimir turned to longer time frames and became an independent trader and analyst managing his own portfolio. Using his experience, he helps traders find the best broker in his reviews.

Why you can trust FX Empire

At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.

Why you can trust FX Empire

FXEmpire was founded in 2011, making us one of the first forex broker review sites. You can trust FXEmpire because of our thorough and unbiased review process. With over a decade of experience, we have a team of industry experts who conduct rigorous tests to ensure our reviews are accurate and unbiased. Our reviews are designed to bring clarity and confidence to the process of choosing a broker, and are based on objective criteria and measurable data. Our editorial team is composed of trading industry professionals and seasoned financial journalists, who ensure that our reviews are accurate and unbiased. Additionally, our review system is based on 9 core categories and over 250 distinct variables, which ensures that all aspects of a broker are considered before giving a final rating. So, you can trust FXEmpire to provide you with honest and informative reviews that will help you make an informed decision on which broker will best enable you to reach your financial goals.