OCOctaFX OctaFX Review
5.0(1 review)
50% Forex Deposit Bonus
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Forex Brokers: Compare Brokers, Bonuses and Ratings
Compare forex brokers in one place. The table shows regulation, minimum deposit, maximum leverage, promotions and user ratings for every broker in our database, with a link to the full review and the official website.
★ Top rated
Featured Forex Brokers with Bonus Offers
Our editors' picks this month, ranked by user rating, bonus value and account conditions.
OCOctaFX 
DIDB Investing DB Investing Review
5.0(2 reviews)
$35 No Deposit Bonus
Broker comparison
Forex Brokers Compared
| Broker | Regulation | Min. Deposit | Max. Leverage | Promotion | User Reviews | Official Site |
|---|---|---|---|---|---|---|
 VAValetaxValetax |
Regulated by Mauritius Financial Services Commission �FSC�, license Nr. GB21026312 regist… | $1 | 1:2000* | Forex Demo Contest and Live Contest Promotions | No reviews yet | Open AccountView Profile |
 TRTradeEUTradeEU |
Cyprus Securities and Exchange Commission CySEC | $250 | 1:300* | Free Forex Trading Signal | No reviews yet | Open AccountView Profile |
| OCOctaFXOctaFX |
For OctaFX.com we have only SVGFSA license no. 19776 IBC 2011 | $25 | 1:500 | 50% Forex Deposit Bonus | (5.0/5) | Open AccountView Profile |
 INInstaForexInstaForex |
Registered with FCA (UK), Reference number 728735 | $1 | 1:500 | $500 to $5000 Free Bonus | (3.0/5) | Open AccountView Profile |
 ATATFXATFX |
Regulated by FCA (UK), license number 760555 ; CySEC, license number 285/15 ; FSC, licens… | $100 | Leverage 400: 1 | 50% Forex Deposit Bonus | (5.0/5) | Open AccountView Profile |
| DIDB InvestingDB Investing |
Regulated company by FSA in Seychelles with license SD053. | $100 | 1:3000 | $35 No Deposit Bonus | (5.0/5) | Open AccountView Profile |
 IRIronFXIronFX |
FCA, ASIC, FSCA and CySEC | $100 | 1:500 | 100% Sharing Bonus | No reviews yet | Open AccountView Profile |
 TITickmillTickmill |
FCA UK, CySEC, FSA SC | $100 | 1:500 | $30 Bonus *only for FSA Clients | No reviews yet | Open AccountView Profile |
 RMRockfort MarketsRockfort Markets |
Rockfort Markets Ltd is a registered Financial Service Provider FSP509766 | $100 | 1:500 | No | No reviews yet | Open AccountView Profile |
 PAPatronFXPatronFX |
Regulated by the Cyprus Securities and Exchange Commission with CIF license number 272/15 | $250 | 1:400 | No | No reviews yet | Open AccountView Profile |
 OLOlympTradeOlympTrade |
Regulated by FinaCom | $10 | 1:400 | 100% Deposit bonus | No reviews yet | Open AccountView Profile |
 MUMultiBankMultiBank |
(1) MEX Clearing (UAE)- regulated by RAK with license number IC/ 2993/10, (2) MEX Exchang… | $50 | 1:500 | 100% Deposit Bonus | No reviews yet | Open AccountView Profile |
 IMIFC MarketsIFC Markets |
FSC (British Virgin Islands), CySEC (Cyprus) | $5 | 400 : 1 | No | No reviews yet | Open AccountView Profile |
 FXFXPRIMUSFXPRIMUS |
FXPRIMUS is the brand name used by: Primus Global Ltd, regulated by CySEC, with licence n… | $100 | 30:1 EU & 500:1 Non-EU | 100% Forex Deposit Bonus | No reviews yet | Open AccountView Profile |
 CECedarFXCedarFX |
None | $10 | 1:500 | 0% Commission Account / Eco Account | (5.0/5) | Open AccountView Profile |
 CACapitalxtendCapitalxtend |
Registered By: Capitalxtend Limited Liability Company license 395LLC2020 | $200 | — | 30% Forex Deposit Bonus | (5.0/5) | Open AccountView Profile |
 CACapitalCapital |
The Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (F… | $20 if the funds are transferred via credit/debit card, Apple Pay, or PayPal. For bank transfers, the minimum deposit is $250 | FCA - 1:30, CySEC/ASIC - 1:30 | No | No reviews yet | Open AccountView Profile |
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How We Review Forex Brokers
Every broker on FXNewBonus is checked against the same list, so you can compare brokers on equal terms. We open demo and live accounts, test deposits and withdrawals, read the bonus terms line by line and collect ratings from real traders.
Regulation and safety
Licence, segregated client funds, negative balance protection and company history.
Trading costs
Average EUR/USD spread, commission per lot, swap rates and inactivity fees.
Trading platforms
MetaTrader 4, MetaTrader 5, cTrader, web trader and mobile apps, plus execution speed.
Bonus and promotions
No deposit bonus, deposit bonus, rebates and the real trading volume needed to withdraw.
Deposit and withdrawal
Minimum deposit, payment methods, processing time and withdrawal fees.
Support and user reviews
Live chat response time, support languages and verified ratings from our readers.
Forex Broker Types Explained
The broker type tells you how your orders are executed and how the broker earns money.
| Broker type | How it works | Best for |
|---|---|---|
| ECN/STP | Orders go straight to banks and liquidity providers. Raw spreads plus a small commission. | Scalpers, EA and high-volume traders |
| ECN/STD | Offers both ECN accounts and standard accounts with commission-free, slightly wider spreads. | Beginners who may upgrade later |
| Market Maker | The broker quotes its own prices and takes the other side of your trade. Often fixed spreads. | Small accounts that want predictable costs |
| CFDs | Contracts for difference on forex, indices, metals, crypto and shares from one account. | Multi-asset traders |
Which Trading Platform Should You Choose?
MetaTrader 4
The classic forex platform. It is light, stable and has the biggest library of expert advisors and custom indicators.
MetaTrader 5
21 timeframes, more pending order types, a built-in economic calendar and access to stocks and futures.
cTrader and Web Trader
cTrader has a clean interface with Level II market depth. A web trader runs in your browser with nothing to install.
How to Open an Account With a Forex Broker
- Compare brokers in the table above and shortlist two or three that match your platform and budget.
- Read the full review using "View Profile" to check regulation, fees and bonus rules.
- Open a demo account to test execution, spreads and the mobile app.
- Verify your identity with a passport or ID and a proof of address.
- Fund your account or claim a no deposit bonus, then start with a small position size.
Minimum Deposit: How Much Do You Need?
Minimum deposits on this list range from $1 at Valetax up to $250 at PatronFX. If you want to test a broker without risking your own money, start with a forex no deposit bonus.
Forex Brokers: Frequently Asked Questions
How do I choose a forex broker?
Start with regulation, then compare costs, platforms, minimum deposit, bonus terms and user reviews.
What is the lowest minimum deposit?
On this page the lowest minimum deposit is $1 at Valetax.
Are the broker reviews free?
Yes. All reviews and comparisons on FXNewBonus are free to use.