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7 Best Forex Brokers in South Africa for 2024

Looking for the top forex broker in South Africa? Based on our hands-on analysis, we’ve identified the 8 best options tailored to various trading needs. Practical tips from our experts are included.

By:
Vladimir Zernov
Reviewed By:
Ola Alder
Updated: Jun 10, 2024

List of Top Forex Brokers in South Africa

FSCA-regulated. VPS hosting, social trading. Advanced tools on MetaTrader. Professional accounts.

FSCA-regulated. Competitive trading fees. Swap-free trading. TradingView-powered charting.

FSCA-regulated. A wide range of accounts for different levels of experience. Plenty of tools in MT4.

FSCA-regulated. Solid account offering. Low minimum deposit of $1. Attractive spreads in major forex pairs.

FSCA-regulated. Strong educational support. Competitive fees. VPS hosting for MT4, MT5, and cTrader.

FSCA-regulated. 47 cryptocurrency CFDs. Competitive trading fees.

FSCA regulation. Diverse account types. 1000+ instruments. Robust educational videos.

Regulated by top-tier regulators, including FSCA. A wide range of platforms. Plenty of copy trading options.

Forex Trading in South Africa

To operate legally in South Africa, brokers must obtain authorization from the Financial Sector Conduct Authority (FSCA), the national regulatory body. Being authorized by the FSCA is considered a positive attribute for brokers and provides forex traders with a sense of legitimacy. However, some brokers are regulated outside of South Africa but still offer forex trading services to locals.

How Did FXEmpire Select the Best Forex Brokers in South Africa?

FXEmpire's Methodology

  • We focused on brokers that accept South African residents and are regulated by the Financial Sector Conduct Authority (FSCA).
  • We checked if the brokers have offices in South Africa.
  • We made sure that the brokers provide local customer support for South African residents.
  • We checked if the brokers offer bonuses and other perks for South Africans.
  • We preferred brokers that provide South African Rand (ZAR) for deposit and withdrawal and as a base currency.
  • We focused on trustworthy brokers that provide a high level of protection for their clients.
  • We listed brokers that have user-friendly and feature-rich platforms.
  • We focused on brokers with low fees.

Our team of experts has identified brokers’ strengths and weaknesses using FX Empire’s comprehensive methodology. Here’s how we test.

Without further ado, let’s move to 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 offers trading in forex, crypto, stocks, indices, metals, and commodities. Exness is regulated by multiple regulators, including FSCA, CySEC, and FSA. The broker provides access to its proprietary Trading Terminal platform, as well as to MetaTrader 4 and MetaTrader 5.

Regional Features

  • FSCA regulation No 51024
  • Office in South Africa: 307&308 North Wing, Third Floor, Granger Bay Court V & A Waterfront, Capetown
  • ZAR available as account base currency
  • ZAR available in forex pairs.
  • Leverage 1:unlimited

Professional traders can access the advanced tools that are available on the MetaTrader platform and take advantage of the high leverage provided by Exness. The MetaTrader platform provides advanced charting, trading signals, and access to Expert Advisors – software programs designed to automate trading strategies on the MetaTrader platform.

The broker offers a wide range of deposit and withdrawal methods, including cryptocurrency. Advanced traders also can benefit from Virtual Private Server (VPS) and a wide range of research materials, including Trading Central Web TV. Exness boasts of its competitive spreads and minimal swap fees. Based on our tests, the spreads for EUR/USD fluctuated between 0.8 and 1, whereas the spreads for WTI oil were 0.062.

Pros
  • Instant withdrawals 24/7.
  • Offers Virtual Private Server (VPS).
  • No swap fees for most instruments.
  • No withdrawal fees.
Cons
  • The range of instruments does not come close to the range of tradable assets offered by industry leaders.

Best Trading Platform

4.3
Forex margin trading involves substantial risks.
  • Min Deposit
    $25
  • Tradable Instruments
    230
  • Fees
    Low

OCTA is a multi-regulated derivatives broker founded in 2011 and headquartered in the Comoros. It offers a choice of more than 220 tradable instruments across currency pairs, commodities, indices, share CFDs, and cryptocurrencies. The broker stands out with its platform offering, which is complemented by a wide variety of supporting tools.

Regional Features

  • FSCA regulation No.51913
  • Office in South Africa: Spaces Umhlanga, Office 154, 1st Floor, 2 Ncondo Place Ridgeside, Durban
  • ZAR in trading pairs
  • Local customer support
  • Leverage: Up to 1:500

The broker incorporates MetaTrader 4 and 5 and has also developed its proprietary OctaTrader platform, which is impressive in its functionality and user-friendly design. The charts are powered by TradingView, offering a sophisticated outlook on price action behavior. I found OctaTrader particularly suitable for carrying out comprehensive technical analysis. It also offers an array of supporting tools and chart configurations.

OCTA has very competitive trading fees. The OctaTrader account type, in particular, features commission-free trading and floating spreads from 0.6 pips which is better than the industry average and is suitable for executing most trading strategy types. Moreover, OCTA does not charge swaps on positions held overnight.

Pros
  • Multi-regulated
  • Choice of platforms
  • Competitive trading costs
  • No swaps
Cons
  • No phone support

Best MT4

Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved.
  • Min Deposit
    $0
  • Tradable Instruments
    321
  • Fees
    Medium

Founded in 2010, IronFX offers trading in forex, commodities, stocks, indices, and cryptocurrencies. The broker is regulated by CySEC, FCA, and FSCA.

Regional Features

  • FSCA regulation No 45276
  • South Africa office: 5-38 Katherine & West, 114 West Street, Sandton
  • Leverage: up to 1:500
  • ZAR available in forex pairs
  • Non-withdrawable bonuses of up to 100% on the first deposit

IronFX provides traders with access to the MetaTrader 4 platform which offers a wide range of technical analysis indicators and timeframes. Additionally, IronFX’s MT4 includes MultiTerminal allowing traders to manage multiple accounts from a single terminal. To aid in making informed trading decisions, IronFX integrates Trading Central where traders can benefit from numerous analysis tools and resources for conducting thorough research.

The broker provides 7 types of accounts, including floating and fixed-spread accounts, as well as a commissions-based Live Zero Fixed Spread account. Traders will also benefit from multiple deposit and withdrawal options.

Pros
  • Seven accounts to choose from.
  • Multiple deposit and withdrawal options.
  • Islamic Account option for four accounts.
Cons
  • Weak research support.

Best for Account Offering

4.1
Trading involves a risk of loss
  • Min Deposit
    $100
  • Tradable Instruments
    164
  • Fees
    Low

Founded in 2009, FBS offers trading in forex pairs, commodities, stocks, indices, and cryptocurrencies. The broker is regulated by CySEC, ASIC, FSCA, and IFSC Belize.

Regional features:

  • FSCA regulation No. 50885.
  • Office in South Africa: 61 Katherine Road, Sandton, Johannesburg.
  • Leverage: up to 1:3000.
  • ZAR available in forex pairs.
  • Local customer support available.
  • 100% deposit bonus.

FBS offers several account types, including Standard Account, Cent Account, and Pro Account. The minimum deposit for Standard and Cent Accounts is just 1$, while traders can get access to Pro Account with $200. While the Pro Account provides tighter spreads, its maximum leverage (up to 1:2000) is lower than the leverage level offered by the Standard Account (up to 1:3000). All accounts are compatible with MetaTrader 4 and MetaTrader 5 platforms. Additionally, the Standard Account grants access to the proprietary FBS Trader app, available on both iOS and Android.

Our tests showed that FBS offers competitive spreads for major forex pairs in the Standard Account. For example, the spreads for EUR/USD ranged between 0.8 and 1.1, while the spreads for GBP/JPY fluctuated between 3.9 and 4.5. However, the commodities and indices spreads were found to be less competitive, with the spread for WTI oil averaging 0.5, and the spread for the Dow Jones index varying between 3.3 and 6.

Pros
  • Solid account offering.
  • Competitive spreads in major forex pairs.
  • Strong research and education resources.
  • Reliable customer service.
Cons
  • Limited number of stocks to trade.

Best for Beginners

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

Founded in 2005, FP Markets offers trading in forex, commodities, stocks, ETFs, indices, and cryptocurrencies. FP Markets is regulated by CySEC, ASIC, and FSCA, and also has an unregulated entity registered in St. Vincent & the Grenadines. The broker offers the popular MetaTrader 4 and MetaTrader 5 platforms, cTrader, and iRESS (for the ASIC-regulated entity).

Regional Features

  • FSCA regulation No 50926.
  • ZAR in trading pairs.
  • Leverage up to 1:500.

From our research, beginner traders will benefit from strong customer support and a wide range of educational materials. The broker offers a rich collection of highly informative webinars and podcasts on its YouTube channel, as well as a very detailed glossary, which explains various financial terms.

Our tests showed that FP Markets offers low-to-medium spreads compared to the industry average. For example, we measured EUR/USD spreads in the 1.0–1.2 range during our tests.

The broker provides multiple deposit and withdrawal methods, including cryptocurrencies. FP Markets does not charge deposit or withdrawal fees.

Pros
  • Strong research and educational support.
  • Reliable customer service.
  • No withdrawal fees.
Cons
  • Wide spreads in some instruments.
  • A limited number of stocks to trade.

Best for Cryptocurrency Trading

Risk Warning: Trading Forex and CFDs carries the risk of losing substantially more than your initial investment and should only be traded with money you can afford to lose. You don't own or have any rights to the assets that underly the derivatives (e.g. the right to receive dividend payments). Ensure you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please consider our legal documents and ensure that you fully understand the risks before you make any trading decisions. General Advice Warning: The information in this website is of a general nature only and any advice has been prepared without taking account of your objectives, financial situation or needs. Accordingly, before acting on the advice, you should consider the appropriateness of any advice having regard to your objectives, financial situation and needs, and after considering the legal documents. Regional Restrictions: The information or services described in this website is not directed at or offered to residents of North Korea, Japan, United States and some other regions or any other person in any jurisdiction where such distribution or use would be contrary to local laws or regulations. For more information please contact our support.
  • Min Deposit
    $100
  • Tradable Instruments
    960
  • Fees
    Low

Established in 2016, VT Markets has grown to become a prominent player in the trading sector, offering a broad spectrum of trading options that include forex pairs, commodities, indices, stocks, ETFs, and cryptocurrencies. The firm operates via multiple entities, some of which are regulated by top-tier financial authorities such as ASIC and FSCA. Additionally, it maintains an unregulated entity situated in St. Vincent and the Grenadines.

Regional Features

  • FSCA regulation No. 50865
  • Office in South Africa: 9 Lilian Avenue, Lilanton, Boksburg
  • Leverage: Up to 1:500
  • ZAR available in forex pairs
  • 50% welcome bonus, up to $500

VT Markets boasts a robust selection of 47 cryptocurrencies, catering to a diverse array of traders. The offering includes popular coins such as Bitcoin and Ethereum, as well as more unique alternatives like SingularityNET and Loopring. Although the bulk of these crypto pairs is pegged against the USD, traders can also opt for Bitcoin and Ethereum against Bitcoin Cash, Euro, and Litecoin.

VT Markets provides its clients with a choice between the widely used MetaTrader 4 and its newer counterpart, MetaTrader 5. When assessing the associated costs, we found VT Markets’ fees to be competitively low to medium in comparison to the larger industry. For instance, the EUR/USD spreads averaged at a mere 1.3 pips, while the GBP/JPY spreads were slightly higher at 2.1 pips. As for Bitcoin, the spreads were calculated at 12.01, deemed low within the market.

Pros
  • 47 cryptocurrencies available for trading.
  • Strong research support.
  • Competitive trading fees.
Cons
  • No educational webinars or comprehensive courses.

Best FSCA-Regulated Broker

Trading CFDs requires skills, knowledge, and understanding of relevant risks and is not suitable for everyone; Leveraged trading activity involves substantial risk of losing all invested funds within a short time period.
  • Min Deposit
    $100
  • Tradable Instruments
    509
  • Fees
    High

Founded in 2021, Banxso was founded in South Africa and is regulated by the FSCA, specializing in services for local clients. The broker offers trading in currencies, shares, commodities, indices, and futures.

Regional Features:

  • FSCA regulation No 37699
  • Office in South Africa: 2nd Floor Heritage Wing, 117 Strand Street, De Waterkant, Cape Town
  • Leverage: up to 1:400
  • ZAR available in forex pairs.
  • Local customer support available
  • A minimum 30% bonus for every new customer

Choosing a local South African broker provides a better understanding of local market conditions, faster and more efficient customer support, and adherence to local regulations. Local brokers often offer tailored products and services to meet the needs of South African clients, making it a more convenient and accessible option for them.

Clients can trade with the proprietary Banxso X platform enjoying an intuitive and minimalistic interface. The platform provides basic order types, 6 chart types, 9 time frames, 48 technical indicators, and a dozen drawing tools. The highly popular MetaTrader 5 is also available. Banxso offers multiple deposit and withdrawal methods but has only one account type.

Our tests showed that Banxso provides strong research support. The broker offers frequently updated news and market analysis, which is brought to clients by in-house analysts.

Pros
  • Local broker focusing on the South African market.
  • A good choice of instruments.
  • TradingCentral and TipRank connection.
  • No deposit, withdrawals, or inactivity fees.
Cons
  • High spreads.

Best for Professional Traders

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 provides access to more than 1250 instruments in forex, stocks, indices, commodities, cryptocurrencies, and FX options. The broker is regulated by top-tier regulators like ASIC, CySEC, and the FSA of Japan, as well as by the local South African regulator FSCA.

Regional Features

  • FSCA regulation No.45984
  • Office in South Africa: No. 70 Grayston Drive, 2nd Floor, Sandton, Johannesburg
  • ZAR in trading pairs
  • Local customer support
  • Leverage: Up to 1:400

Our research indicated that AvaTrade provides a wide range of trading platforms, including MetaTrader 4 and MetaTrader 5, as well as in-house mobile trading apps AvaTradeGo and AvaSocial. AvaTradeGo is a simple-to-use mobile app, which offers some useful technical tools and features. AvaSocial is designed for those interested in social trading allowing broker’s clients to copy the trades of successful traders.

The broker also offers solid research and educational support, which is important for both beginner and advanced traders. Our tests indicated that AvaTrade’s trading fees for Forex and commodities were better than the industry average. For example, the spread for EUR/USD was 0.9 pips.

Pros
  • Multiple account types.
  • 1,250+ instruments in forex, stocks, indices, commodities, and cryptocurrencies.
  • Regulated by top-tier regulators, including FSCA.
Cons
  • No alerts on the web platform.
  • High inactivity fee.

How to Choose a Forex Broker in South Africa?

Use our guide to choose the best forex broker in South Africa.

How to choose a safe broker as a South Africa-based trader?

The process of choosing a broker begins with learning where your potential broker is regulated. South Africa-based traders may choose between FSCA-regulated brokers as well as brokers regulated by other regulators. Some traders would find the domestic regulation more comfortable to work with.

Traders should focus on important protection options like negative balance protection, segregated funds, and compensation funds, which will cover their backs if the broker has financial problems.

Read more about Best regulated forex brokers.

What fees should you focus on when choosing the broker?

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

The spread is the difference between the bid and the ask price. The higher the spread, the more you pay for the trade. We consider spreads below 1 pip for EUR/USD and 3 pips for GBP/JPY to be low.

A commission is a fixed cost of entering the trade. Usually, accounts that charge commissions offer low spreads. Commissions below $3 are considered to be low for forex pairs and gold.

A swap/rollover fee 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. For forex pairs, a swap rate below 0.5 pips is viewed as a good result.

An inactivity fee is a fee that is charged by the broker if your account is dormant. In this case, a certain amount of money is charged on a monthly basis. An inactivity fee below $10 is considered to be low.

How to choose a trading platform?

Typically, most brokers provide access to MetaTrader4 and/or MetaTrader5. Those are sophisticated platforms with a variety of tools tailored mainly for experienced traders, hence, beginners may have to spend some time learning the ropes.

Some brokers have also developed in-house trading platforms. Usually, such platforms are focused on the needs of different levels of traders. They are easy to navigate and simple to use.

The choice of trading platform depends on personal preferences and trading experience. Beginner traders will be better off starting with a simple platform or a mobile app, while advanced traders will likely choose MT4/MT5.

Read more about Best MetaTrader 4 brokers and Best MetaTrader 5 brokers.

What leverage is available for traders in South Africa?

Leverage allows traders to use borrowed funds to increase their profits. The higher the leverage, the higher your potential profits are. However, leverage is a double-edged sword, and using high leverage also boosts your potential losses.

South Africa-based traders have access to aggressive leverage. In fact, one of the brokers in our list offers leverage of 1:unlimited.

What to avoid when choosing a forex broker in South Africa?

Here are the five things to avoid when choosing a forex broker in South Africa:

  • Forgetting about checking regulations.
  • Paying no attention to broker’s fees, including spreads, commissions, and swap rates.
  • Choosing the account type that does not suit your needs.
  • Skipping the list of instruments offered by the broker.
  • Not interacting with the support team before you open an account with the broker.

How to avoid forex scams?

To avoid forex scams, traders should first check the broker’s regulations. If the broker is regulated by a Tier-1 regulator, you are mostly protected. An unregulated broker is the most suspicious one by definition. In addition to regulations, check the following red flags:

  • The broker offers a big cash bonus for opening the account.
  • The broker heavily promotes automatic trades and/or trading signals from unknown sources.
  • A broker promises profits and cites unrealistic success rates.
  • You cannot find broker’s employees on specialized websites.
  • The broker’s stated address is not suitable for a serious company (too small, strange location).
  • The support team does not respond or responds rarely.
  • Clients report problems with funds’ withdrawal on specialized sites that publish broker reviews.

Our Methodology

FX Empire has been reviewing brokers since 2010 and has developed an in-depth review program of CFD brokers. We have more than a decade of experience testing brokers and abide by strict guidelines for editorial integrity. Our review process follows a thorough protocol that results in a score that is based on objective criteria and measurable data. As a result of our work, we publish a comprehensive and unbiased review, which is meant to help traders choose the broker that suits their needs.

To choose the best broker for you, we rate brokers 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 we can for each broker. In total, we examine brokers according to over 250 data points.

Each 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.

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. To learn more about our review process, click 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 trading is allowed in South Africa, and it is a popular investment opportunity for many South Africans. In fact, forex trading is legal and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa.
Our tests indicated that FP Markets is the most suitable broker for beginners in South Africa thanks to its strong educational support, reliable customer service, and no deposit and withdrawal fees.
Our research showed that AvaTrade is a good choice for professional traders in South Africa as it provides wealth of platforms and accounts as well as a good range of third-party analytical tools from Trading Central.
Usually, the broker mentions all its regulations at the very bottom of the website. To verify if a forex broker is regulated in South Africa, go to the FSCA website and click on "Regulated Entities" and then "Search for a Financial Service Provider." Enter the broker's name or FSP number in the search bar. If the broker is regulated, its name and license number will appear on the search results page, and you can click on its name to see its regulatory details.
We assessed that OCTA provides the best platform offering as it gives access to its proprietary user-friendly OctaTrader platform, as well as to MetaTrader 4 and 5.
Trading with a financial services provider regulated by FSCA provides protection, credibility, complaints handling, access to compensation, and market confidence. FSCA-regulated providers comply with strict rules and regulations that protect investors' funds and interests, and the FSCA investigates complaints and takes action against providers who violate the regulations.
Yes, any profits from forex trading are subject to capital gains tax. Note that forex trading can be a complex and risky investment. It is important to understand the tax implications of forex trading and to consult with a tax advisor.
Yes, you can trade with non-FSCA-regulated brokers in South Africa. However, it is important to note that trading with non-regulated or offshore brokers comes with additional risks. These brokers may not be subject to the same level of regulatory oversight as FSCA-regulated brokers, and may not offer the same level of protection to traders.
Brokers regulated by FSCA are subject to strict regulatory requirements that are designed to protect traders' interests. FSCA-regulated brokers are required to comply with rules and regulations that govern how they operate and how they handle client funds. These rules are designed to ensure that brokers are acting in the best interests of their clients and that traders' funds are protected in the event of the broker's insolvency. In contrast, brokers that are regulated offshore may not be subject to the same level of regulatory oversight as FSCA-regulated brokers.
Yes, cryptocurrency trading is available at some South African-based brokers. South Africa has a growing cryptocurrency market, and many brokers now offer cryptocurrency trading as a part of their services.

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.