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Top Rated

Best Forex Brokers for Beginners 2026

Start your trading journey with the right broker

1
Exness

Exness

Our Pick
4.7
Min. Deposit
$1
Spread
0.0 pips
Leverage
1:Unlimited
Reliability
Highly Trusted
Why This Broker?
Instant withdrawalsVery low spreadsMultiple account types
2
eToro

eToro

4.6
Min. Deposit
$50
Spread
1.0 pips
Leverage
1:30
Reliability
Highly Trusted
Why This Broker?
Best for beginnersInnovative copy tradingUser-friendly interface
3
OANDA

OANDA

4.4
Min. Deposit
$0
Spread
1.0 pips
Leverage
1:50
Reliability
Highly Trusted
Why This Broker?
No minimum depositStrong regulationTradingView integration
4
FxPro

FxPro

4.6
Min. Deposit
$100
Spread
0.0 pips
Leverage
1:500
Reliability
Highly Trusted
Why This Broker?
Multiple platformsStrong regulationProfessional tools
5
AvaTrade

AvaTrade

4.5
Min. Deposit
$100
Spread
0.9 pips
Leverage
1:400
Reliability
Highly Trusted
Why This Broker?
Fixed spreadsGreat educationMulti-regulated

Selection Criteria

  • Easy-to-use platform
  • Low minimum deposit
  • Educational resources
  • Demo account
  • Responsive support

Frequently Asked Questions

What should beginners look for in a forex broker?

Beginners should prioritize user-friendly platforms, educational materials, demo accounts, and low minimum deposits. Regulation is also crucial for safety.

How much money do I need to start forex trading?

Many brokers accept deposits as low as $10-$100. Start small while learning, and never risk money you cannot afford to lose.