Since its founding in 2005, MultiBank Group has grown to over 600 employees across the globe. The broker is well-capitalized, according to the MultiBank Group website, with more than $322 million in paid-up capital.

The group offers services to over 320,000 customers through its various businesses, which include MultiBank Group brands like MEX Exchange, which is governed by ASIC, MEX Global Markets, which is governed by MAS in Singapore, MultiBank FX International, which is governed by FSC in the British Virgin Islands, and MEX Atlantic, which is governed by CIMA in the Cayman Islands.

MultiBank is a multi-asset broker that provides access to underlying crypto assets through its licensed cryptocurrency exchange as well as forex and CFDs through the MetaTrader and cTrader platform suites (although not all markets are immediately available).

On the down side, MultiBank’s performance in these crucial categories lowers its overall rating because its market research offering is unimpressive and its educational content is scant.

HFM (HF Markets) is a brokerage firm that offers a range of trading services, including a proprietary copy trading platform, HFcopy, and a good selection of over 1,000 CFDs and 47 forex pairs. They provide in-house market analysis, third-party research content, and news. While their trading costs are slightly above the industry average, they offer Premium Trader Tools, developed by FX Blue Labs, which enhance the default MetaTrader suite. HFM has a mobile app that supports trading of 1,200 markets and recently introduced the ability for traders to earn interest on their unused margin.

ACY Securities is an Australian-based online broker that was founded in 2013. The company is regulated by the Australian Securities and Investments Commission (ASIC) and offers trading services in forex, commodities, indices, and cryptocurrencies.

One of the standout features of ACY Securities is their commitment to providing clients with a high level of customer service. The company has won numerous awards for their customer service, including the 2020 ADVFN International Financial Awards for Best Customer Service and Best Forex Broker.

BDSwiss is a forex and CFD broker that offers a range of trading platforms, including the full MetaTrader suite and its own proprietary mobile and web-based platforms. The broker caters to over 1.6 million registered traders and provides access to over 1,000 tradable symbols. BDSwiss is known for its good order execution statistics, quality research, and customer support services. However, it is worth noting that the broker is authorized by one tier-2 regulator and one tier-3 regulator, and its spreads may be higher than industry leaders.

FxPro is a competitive MetaTrader broker that offers multiple account options and various execution methods, as well as its own proprietary FxPro Edge app. While access to the BnkPro app is not yet available in all regions, it is a useful tool for traders. However, the primary drawback of FxPro is its higher-than-average pricing, which can make it less competitive compared to other low-cost forex brokers. This is an important consideration for traders who are cost-conscious and want to maximize their profits.

The Trading 212 brand, which was established in 2004, is governed by the Financial Conduct Authority (FCA) in the United Kingdom, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Financial Supervision Commission (FSC) in Bulgaria. Over 1.5 million customers and over 3.5 billion euros in customer assets are held by Trading 212.

Trading 212, which is best known for its mobile trading app, provides a simple-to-use platform suite for trading CFDs, shares, and a wide range of forex pairs. Although Trading 212 has a well-designed platform and a large selection of symbols, its attempt to be regarded as a top broker is hampered by its lack of cutting-edge trading tools and mediocre research options.

Cryptocurrency has developed into a reputable and well-liked investment asset during the last ten years. This investment process is made simple and enjoyable by exchanges like KuCoin. Two “tech geeks” who were “early blockchain adopters” allegedly launched this exchange several years ago, according to KuCoin. In 2013, the duo started coding the code for KuCoin in a coffee shop, and they succeeded in making the site the “Peoples’ Exchange.”

Since its modest beginnings, KuCoin has grown to over ten million investors and is well-known in the cryptocurrency community. The KuCoin Token (KCS), the exchange’s own coin, is even available. Currently, KuCoin is “developing an ecosystem” around its KCS.

With branches in numerous countries throughout the world, LiteForex has been in the internet brokerage business for more than 15 years. The business’s European operations, which are situated in Cyprus, provide traders with a range of account types as well as FX buying, selling, and swap options, all while maintaining a low-cost model that complies with all EU financial rules.

The brokerage service provided by LiteForex Europe is built on user empowerment through investor education, improved financial markets analysis, and brokerage services that are affordable and simple to fund. The LiteForex website has outstanding financial analysis, tutorials, how-to guides, and a range of courses that will get beginner traders up to speed and provide seasoned investors the specific knowledge they need.

Users of LiteForex have the option of using MetaTrader 4 or MetaTrader 5 as their trading platforms. This provides consumers with access to mobile and desktop trading around-the-clock while ensuring data privacy and program stability. Excellent customer service provided by the broker (available 24/7 most days of the week) adds a further layer of dependability to an already outstanding service package. 

Having been established in 2019, Moneta Markets currently holds regulatory status with the Financial Services Conduct Authority (FSCA) in South Africa and the Australian Securities and Exchange Commission (ASIC) in Australia through its related entities. Over 70,000 customers use the Moneta Markets brand, which manages more than $100 billion in trading volume each month.

Along with the MetaTrader platform family, Moneta Markets also provides users with a simple web and mobile app. Although Moneta Markets does support a wide variety of third-party features, its research and educational options are subpar, and its pricing is standard.