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The World’s Best Forex Brokers

Who made our famous list of the best brokers in 2020?

Our experienced staff here at WeCompareBrokers.com have been reviewing and rating the top forex brokers for years, finding you the safest place to trade wherever you are, and whatever you’re trading.

Our exhaustive 74 point check evaluates every broker in a number of areas and we only recommend the brokers who pass each of our stringent measures. Our Top 3 Brokers of 2020 then, represent the absolute best of the best.

So, if you’re looking to start trading in the safest way or maybe you’re just looking for a better deal, this is the place to start.

WCB Logo
Rating4.5
Read Pepperstone ReviewCompare Pepperstone
$200 AUD Min DepositSpread From 0.3 Points
  • MT5
  • MT4
  • WebTrader
  • Mobile apps
  • Bank transfer
  • Credit Cards
WCB Logo
Rating4.7
Read Admiral Markets ReviewCompare Admiral Markets
$1 USD Min DepositSpread From 0.0 Pips
  • MT5
  • MT4
  • WebTrader
  • Mobile apps
  • Proprietary
  • Bank transfer
  • Credit Cards
  • PayPal

What makes these two brokers stand out in 2020’s volatile markets?

Founded in Australia by a bunch of actual traders ten years ago now, Pepperstone has built a significant following over the past decade. The number of industry awards that it has picked up also hint at its growing reputation. At a recent UK Forex Awards ceremony Pepperstone won; Best Forex ECN Broker, Best Forex Trading Support, Best Forex Trading Conditions, and from the same year ‘Best Australian Broker’ (CompareForexBrokers.com.au).

We also rate them highly for another factor; cost efficiency. Low cost and high value don’t always go together in any walk of life, and brokerages are no different. But with Pepperstone, you get a market-leading trading platform plus $0 commissions and interbank spreads from 1 pip on even the entry-level tier of accounts. Want to see for yourself? Start trading with Pepperstone today.

 

Snapping at Pepperstone’s heels, though, comes Admiral Markets. Having been around since way back in 2001, these are the trusty old hands in the online trading world. But whoever said that you can’t teach an old dog new tricks certainly hasn’t placed any trades with Admiral Markets recently. There’s a great range of educational resources on offer, for anyone from a seasoned pro through to an absolute beginner, and we’re always impressed with their exemplary customer service process.

Fancy seeing for yourself what’s kept Admiral Markets firmly on the scene for nearly a quarter of a century now? Open your account here.

WCB Logo
Rating3.8
Read AvaTrade ReviewCompare AvaTrade
$100 USD Min DepositSpread From 0.9 pips
  • MT5
  • MT4
  • WebTrader
  • Mobile apps
  • Proprietary
  • Bank transfer
  • Credit Cards
  • PayPal

Pepperstone and Admiral Markets may have come out on top in our latest review round up, but there was some stiff competition.

Coming in third position is certainly an achievement in itself, given our experts have reviewed literally hundreds of different brokers in the past 12 months, so we offer Avatrade a hearty congratulations. Offering solutions for both retail and institutional traders, Avatrade really is all things to all people. Whatever you need from your trading brokerage, you’ll find it here.