Top 5 Forex Brokers 2020 | Trader & Beginners

Another year has come and gone, now is the time to showcase our top 5 Forex Broker picks for 2020.

These 5 Forex brokers are diverse. They would be great for any beginner or even expert traders.

A couple of these top 5 Forex brokers have made the time and time again with also some you may not hear of and others may be well known. Some you may see feature on sites such as ForexBrokers.com

As a trader it is important you choose the right broker that fits your needs, abilities and trading style. Use these 5 Forex brokers as a guide and see which broker will fit YOU personally.

Down below you will find Forex Ranks Top 5 Forex Brokers for the year 2020.

5 Forex Brokers for 2020

Broker Type	Market Maker
Regulations	FCA, CySec, ASIC
Min Deposit	$5.00
Account Base Currency	USD, EUR, GBP, JPY, CHF, AUD, RUB, PLN, HUF, SGD, ZAR
Max Leverage	888:1
Trading Platforms	Metatrader 4/5, Webtrader

Broker Type	ECN
Regulations	IFSC
Min Deposit	$100.00
Account Base Curreny	USD, EUR, GBP, AUD, CAD, Bitcoin, Gold, Bitcoin Cash, Litecoin, Ethereum and XRP
Max Leverage	200:1
Trading Platforms	Metatrader 4/5

Broker Type	ECN
Regulations	ASIC
Min Deposit	$200.00
Account Base Currency	USD, AUD, EUR, GBP, CAD, JPY, NZD,CHF, SGD, HKD
Max Leverage	500:1
Trading Platforms	Metatrader 4/5, cTrader, Webtrader, API Trading, MAM / PAMM

Broker Type	Market Maker
Regulations	ASIC, B.V.I, FSA, FFAJ, FSCA, IIROC
Min Deposit	$100.00
Account Base Currency	USD EUR GBP AUD
Max Leverage	400:1 / 30:1 EU Clients
Trading Platforms	Metatrade 4, AvaTradeAct, Web trading, AvaOptions AvaTradeGO, Mobile trading

Broker Type	ECN, DMA
Regulations	ASIC, CySEC
Min Deposit	$100.00 USD
Account Base Currency	AUD, CAD, CHF, EUR, GBP, HKD, CNY, NZD, SGD, USD
Max Leverage	1:500
Trading Platforms	IRESS, Metatrader 4 and 5, MAM, PAMM

We hope you will find the top Forex broker that suits your needs, be it if you are looking for a particular deposit method accepted or country where you live. If you feel one or more of these brokers should not be on the top 5 list, be sure to contact us.