Sunday , February 23 2025

Forex Brokers Reviews

Reviews on the most famous Forex Brokers, highlighting their advantages and disadvantages compared with other competitors in the Forex industry.

These reviews were written with all subjectivity and transparency to reflect the reality of those brokers. Each broker listed in this section has been test in both live and demo environments, their email and chat response has been recorded to compare them to each other. All information available to us were summarized in these pages to make the best use of them to our clients.

IronFX Review

FXLORDS | IronFX Logo Thumbnail Review

IronFX was set up in and is run from Cyprus where it is regulated by CySEC, the Cypriot financial regulatory body. According to their website, they boast fifty offices spread across the globe allowing trading in 'over 180' countries which can't be true since that cover just about all of them, given that there are only 196 separate countries in the world.

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NSFX Review

FXLORDS | NSFX Thumbnail

NSFX have made a big impact on the Forex market with their innovative approach to Forex trading and customer service. Founded by a group of professionals from the Forex world and set up in Malta, they currently serve the English, French, German, Italian and Arabic markets but intend to be global ultimately

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CITIFX Pro Review

he parent company of CitiFXPro is the huge US Bank, Citigroup, that was formed out of one of the largest corporate mergers, that of Citicorp and Travelers Group. The trading subsidiary CitiFX was set up as a cooperative venture between Citigroup and Saxo Bank of Denmark

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NordFX Review

FXLORDS | NordFX Thumbnail Logo Review

Nord FX have been operating for six years now yet remain quite small when compared to other Forex brokers. Their headquarters is in Mauritius and at first you get the impression they work the African market however, a closer look tells you they have subsidiary offices in India, Russia, Ukraine and Indonesia.

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CMC Markets Review

CMC Markets

CMC Markets is a privately owned online broker established 25 years ago in the UK by Peter Cruddas, one time Treasurer to the UK Conservative Party. The company began as a forex trading firm in the early days of private forex trading and has grown to become one of the biggest firms in the industry. Goldman Sachs have a 10% holding in the company.

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IG Markets Review

FXLORDS | IG Markets Thumbnail Review

IG Markets consist of 2 parts, the first is a part of the FTSE 250 company IG Group, which specializes in financial derivatives. Based in the UK where they originally started operations, now they claim having offices in fifteen countries particularly in North America, Australia and Japan, however there's no links nor independent websites for these offices.

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AVA Trade Review

AVATrade

AVA trade has been in business now for eight years, making it one of the older Market Makers in the FX market. It was set up by executives in the finance and e-commerce industries who saw an opportunity in Forex for private and institutional traders. Their website phone number is for the US but the website says their worldwide headquarters is in Dublin which doesn't makes you comfortable in dealing with them right away. Originally set up by Israelis, the company is now multi-national and allows a range of fifty currency pairs only

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CityPoint Review

Founded in 2008 as Azurite Markets Ltd, Citipoint changed its name in 2011. The company is registered in the UK and regulated by the FCA, it operates mainly in the Middle East and North Africa and Asia.

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