Best Market Makers

A market maker is an entity in the foreign exchange industry that helps provide a bridge between retail customers (both institutional and individual) and the market. Setting their own prices and drawing their profits from the spreads they offer, market makers have both positive and negative points.

In a nutshell, a market maker is a Forex broker that creates its own exchange rates and publishes them with a bid and asking price. The difference between the two prices is known as the spread and it’s this discrepancy that allows them to make a profit. Market makers also act as counterparties to each FX trade made through their platform, which means that they must take the opposite side to their customers. For example, if a user sells then a market maker must buy, but if they user wants to buy then the market maker must sell.

To help serve their own interests a market maker will base its prices on a range of factors, including: its overall profit expectations, the current market conditions and the prices of other market makers. Because the FX industry is becoming increasingly competitive it’s now possible to find much better trading conditions than was once possible and for this reason fxBrokerSearch.com compiled a list of top market markers.

Drawing on our experience of the market, plus the views of active traders, we’ve out together an extensive list of FX brokers that are classed as market makers. Outlining their vital statistics and features, we’re able to show traders exactly which company to use based on their needs. Indeed, no matter whether they are novice trader or a seasoned investor looking for a fresh platform, we’ve got it covered.

While some sites will encourage their users to play the foreign exchange through an ECN, there are still plenty of deals to be found in our list of market makers. Because we’ve reviewed more than 200 sites we’re able to cut through any marketing bluster and simply present the important facts. Couple that with our dedicated news section and comparison tool and it's extremely easy for a trader to find the perfect market maker.

Best Market Makers
Rank #1 #2 #3 #4 #5 #6 #7 #8 #9 #10
Broker eToro logo Forex Broker Inc. logo RoboForex logo iFOREX logo Forex4you logo XEMarkets logo Admiral Markets logo Easy-Forex logo Saxo Bank logo Forex.com logo
Name eToro Forex Broker Inc. RoboForex iFOREX Forex4you XEMarkets Admiral Markets Easy-Forex Saxo Bank Forex.com
Editorial Review Read Read Read Read Read Read Read Read Read Read
Visit Site Sign Up Sign Up Sign Up Sign Up Sign Up Sign Up Sign Up Sign Up Sign Up Sign Up
Editorial Rating 4.34 4.33 4.25 4.16 4.11 4.00 3.96 3.96 3.96 3.93
Account Details
Commission/Service Fee No No Yes No Yes No Yes No No No
Minimum Deposit $50 $5 $1 $100 $1 $5 $10 - $10,000 $250
Maximum Leverage 400:1 500:1 500:1 400:1 500:1 888:1 500:1 200:1 200:1 200:1
Position Size 10,000 - 1,000 2,500 1,000 1,000 1,000 5,000 5,000 1,000
Spread - EUR/USD 3.00 0.70 2.00 3.00 2.00 1.90 1.00 4.00 2.00 1.60
Spread - GBP/USD 4.00 0.70 3.00 4.00 3.00 2.60 2.00 5.00 3.00 2.60
Accept US Traders No Yes No No No No No No No Yes
Market Maker Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
ECN Broker No No No No No No No No No No
Demo Account Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
MetaTrader 4 No Yes Yes No Yes Yes Yes Yes Yes Yes
MetaTrader 5 No No Yes No No No Yes No No No
Hedging Yes No Yes No Yes Yes Yes Yes Yes No
Scalping No No Yes No Yes Yes Yes No Yes Yes
Promotions
Bonus Yes Yes Yes Yes Yes Yes Yes Yes No No
Rebate Yes No Yes No Yes No No Yes No No
Payment Options
Credit/debit Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Moneybookers Yes No Yes Yes Yes Yes Yes Yes No No
WebMoney Yes No Yes Yes Yes Yes No No No No
Wire Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
PayPal Yes No Yes No No No No No No No
Company information
Name eToro (Europe) Ltd Noble Services - Formula Investment House Limited E-Global Trade & Finance Group, Inc. Trading Point of Financial Instruments Ltd. Admiral Markets Easy-forex Saxo Bank GAIN Capital Group
Found in 2007 2012 2009 1996 2007 2008 2001 2003 1992 1999
Regulation Authority CySEC (Cyprus) - - - FCA (UK), FSC (BVI) CySEC (Cyprus) ASIC (Australia), FSA (Estonia) ASIC (Australia), CySEC (Cyprus) SFC (Hong Kong), FCA (UK) FSA (Japan), FSA (Denmark) FINMA (Switzerland), CNMV (Spain) ACP (France) NFA (US), CFTC (US) SFC (Hong Kong), ASIC (Australia) FCA (UK), FSA (Japan) SEC (US), IIROC (Canada) FINRA (US)
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Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.