Successful online trading starts here

We'll provide you with everything you need to know - the best brokers and the best strategies. Educating experienced traders and newbies alike! 

*Your capital is at risk.

Helping you choose a trusted broker partner

MobyTrader helps you read platform reviews, view ratings and scores and compare brokers side-by-side. We're industry experts and are committed to providing accurate, in-depth reviews for every brokerage firm we monitor. We compare hundreds of datapoints, different platform features and costs and provide an individual score for each broker - so you know where to put your money (and where not to).  

MobyTrader hates forex scams

We're passionate about helping you avoid scams. We're unbiased and brokers can't pay to alter our reviews. We actively try to promote good brokers, and encourage you to stay away from the bad ones. Trading is hard enough as it is - without you having to deal with a broker trying to play games. 

Forex, stocks, ETFs and more

We try to be as comprehensive as possible in the brokers that we cover. Therefore, there's something here for everyone - whether you trade stocks, currency pairs, ETFs, commodities, stock options, indices - even binary options!

Top recommended forex brokers for October 2024*

PocketOption

Our top recommended broker, ideal for international clients

  • Regulated (FMRRC, MISA)
  • $50 minimum deposit
  • Forex, Crypto, Indices, Options
IQOption

Trusted broker with a great platform and educational content

  • Regulated (CySEC)
  • $10 minimum deposit
  • Forex, stocks, ETFs and options trading
Deriv/Binary.com

Trading since 1999, one of the oldest binary brokers on the web

  • Regulated (MFSA)
  • $5 minimum deposit
  • Forex, Stocks, Indices, ETFs, Crypto

*MobyTrader may be compensated if you access services or products offered by any of our brokerage partners. Any testimonials may not be representative of the experience of other retail traders, and such testimonials are not in any way a guarantee of future profitability or success. 

About MobyTrader

I've been in the forex space since 2014. I started off trading with a scam broker - being a naive newbie, there was very little online to warn me off as most of the review sites at the time just promoted scams. Of course, I lost my money.

Since then, I've grown to become a profitable forex trader, and I wanted to create a resource for newbie and experienced traders alike where I could share my broker experiences, teach people how to trade and help them achieve financial freedom. 

Adam Sloan

Founder, MobyTrader

How do we choose our recommended brokers?

Step 1 - Research the brokerage

We do as much research as we can online to find out what we can about the broker. We do this for several new brokers each month. If a broker is unregulated by a top-tier regulator in Europe, or has any indication that people are complaining that it's a scam, we stop.  

Step 2: Deposit and trade

Once we're satisfied the broker is regulated by a real regulator and has a decent online reputation, we put our own money on the line and trade with them for a few weeks. We make sure that prices are consistent, the trading experience is good and the broker isn't playing games. 

Step 3: Withdraw and test customer service

After we're satisfied that we've tested the platform out as much as we need to, we initiate a withdrawal. If we don't get it, or we get unreasonably delayed, the broker goes on our scam list. We also test out the customer service to see how responsive and helpful they are to our queries.

Then, and only then, are we comfortable recommending the broker to you. If a broker fails at any step in the process, they go on our scam list.

From the Trading Floor

The Trading Floor is our forex blog, where we delve deep into individual topics around forex and stock trading. You'll also find our latest scam reports, our latest broker reviews and tips on how to become a better trader. 

New to forex and want to learn?