Top Forex Brokers List

Forex Rebate Comparison

Find the best forex broker for your forex day trading. If you are new in foreign exchange currency trading. Then you start your trading with our top partner forex broker, also you can earn cashback forex rebate for each of your trades. Online forex trading is a new era. Start your trading career today. Compare different foreign exchange brokers.


Forex Broker
Broker Full Name
Cashback
Rate*
Cashback Eligible
Account Type
Min
Deposit
Min
Spread
Max
Leverage
Execution
Type*
NDD*
ECN*
Segregated Account
Negative Balance Protection
Islamic Account
No Deposit / Welcome Bonus
Highest Cashback Forex for Royal Financial Trading Royal Financial Trading (2006)
Royal Financial Trading Pty Ltd New!
Regulation
  • ASIC
  • CySec
  • CMA
$6.13
  • Standard Account
  • Pro Account
$50 0.00 1:400 Market
Yes No
(Minimum Deposit For ECN Account: )
Yes No Yes No
Highest Cashback Forex for FBS FBS (2009)
FBS Inc New!
Regulation
  • IFSC
$13.12
  • Micro Account
  • Cent Account
  • Standard Account
  • Zero Spread Account
  • Unlimited Account
  • ECN Account
$1 0.01 1:3000 Market
Yes Yes
(Minimum Deposit For ECN Account: $1000 )
Yes No Yes Yes
Highest Cashback Forex for Swiss Markets Swiss Markets (2017)
BDSwiss Holdings PLC New!
Regulation
  • CySEC
  • MiFID
$7
  • Classic STP
  • Swiss 11
  • Swiss 8
  • Swiss 5
$200 0.00 1:500 Market
Instant
Yes No
(Minimum Deposit For ECN Account: $200 )
No Yes Yes No
Highest Cashback Forex for XM XM (2009)
XM Global (CY) Limited New!
Regulation
  • CySEC
$8.75
  • Micro
  • Standard
  • XM Zero Account
$5 0.00 1:888 Market
No No
(Minimum Deposit For ECN Account: )
Yes Yes Yes Yes
Highest Cashback Forex for ForexTime (FXTM) ForexTime (FXTM) (2011)
FT Global Limited
Regulation
  • IFSC
$13.12
  • MT4 Standard Account
  • Cent Account
  • MT4 ECN Account
  • ECN Zero Account
  • The Strategy Account
$0 0.01 1:1000 Market
Instant
Yes Yes
(Minimum Deposit For ECN Account: $200 )
Yes Yes Yes Yes
Highest Cashback Forex for Binary.com Binary.com (1999)
Binary (IOM) Ltd
Regulation
  • FSA
  • MGA
  • European Union
$5.25
  • Standard Account
  • Advance Account
$100 0.10 1:500 Instant
No No
(Minimum Deposit For ECN Account: )
No No Yes No
Highest Cashback Forex for Exness Exness (2008)
Exness Limited
Regulation
  • CySec
$2.2
  • Cent Account
  • Mini Account
  • Classic Account
  • ECN Account
$1 0.10 1:500 Instant
Market
Yes Yes
(Minimum Deposit For ECN Account: $300 )
Yes No Yes No
Highest Cashback Forex for FXGiants FXGiants (2015)
Balvento Limited
Regulation
  • FCA
  • AFSL
$7.88
  • Live floating spread account
  • Live fixed spread account
  • STP/ECN account
$100 0.00 1:1000 Market
Instant
Yes Yes
(Minimum Deposit For ECN Account: $200 )
Yes Yes Yes Yes
Highest Cashback Forex for HotForex HotForex (2011)
HF Markets (SV) Ltd
Regulation
  • FSC
$5.25
  • Micro
  • Premium
  • Auto
  • Fixed
  • VIP
  • PAMM
  • zero spread account
$5 0.00 1:1000 Market
Instant
Yes Yes
(Minimum Deposit For ECN Account: $100 )
Yes Yes Yes No
Highest Cashback Forex for TickMill TickMill (2014)
Tickmill Ltd
Regulation
  • FSA
$8.75
  • Classic Account
  • Pro Account
  • VIP Account
$25 0.00 1:500 Market
No Yes
(Minimum Deposit For ECN Account: $25 )
Yes Yes Yes Yes
Highest Cashback Forex for JustForex JustForex (2012)
JF Global Limited Offer!
Regulation
  • IFSC
$7.00
  • Cent Account
  • Mini Account
  • Standard Account
  • ECN Zero Account
$0 0.00 1:3000 Market
Yes Yes
(Minimum Deposit For ECN Account: $500 )
Yes Yes Yes No
Highest Cashback Forex for LiteForex LiteForex (2005)
LiteForex Investments Limited
Regulation
  • Republic of the Marshall Islands
$13.12
  • ECN Account
  • Classic Account
  • Cent Account
$10 0.10 1:500 Market
Instant
No Yes
(Minimum Deposit For ECN Account: $50 )
No Yes Yes No
Highest Cashback Forex for RoboForex RoboForex (2009)
RoboForex Ltd
Regulation
  • IFSC
$2.19
  • Fix Standard
  • Pro Standard
  • ECN-Pro NDD
  • ECN-FixSpread NDD
  • Prime Fix-Cent
  • Pro-Cent
  • R Trader
$0 0.10 1:1000 Market
Instant
Yes Yes
(Minimum Deposit For ECN Account: $1 )
No Yes Yes Yes
Highest Cashback Forex for InstaForex InstaForex (2011)
Instant Trading EU Ltd
Regulation
  • CySEC
  • FCA
  • FSC
$13.12
  • Insta.Standard
  • Insta.Eurica
  • Cent.Standard
  • Cent.Eurica
  • PAMM Account
$1 3.00 1:1000 Instant
No No
(Minimum Deposit For ECN Account: )
No No Yes Yes

*Here cashback rates shown are based on major currencies spread.

Forex Regulation:

Forex brokers gets approved & administered by the government regulatory authorities who handles all legal aspect of a forex brokerage company. For some regulatory authorities, if a brokerage company gets bankrupt, then they provide insurance for clients fund. So that client can retrieve their money, also in case of any kind of fraud.

Learn more about different forex regulatory body & their full form list from our forex school:

Chapter 3: Forex Market Regulation


Execution Types?

In forex trading, execution types indicate how your placed order get executed by the brokerage service. There are two major types of order execution available with MetaTrader trading platform, market execution & instant execution.

Market Execution: This type mostly gets available with ECN or Non Dealing Desk(NDD) brokers. Here no middleman involves. Trader orders, directly get transferred to the bank(liquidity provider), then system chooses best price from among all available banks & returns it back to the trader by placing the order with that price.

Instant Execution: This type mostly gets available with Market Maker brokers. Here once trader places an order, it gets filled by the broker instantly. With this type of order, a trader can place stop loss & take profit instantly with the order, unlike market executions.


Forex Account Types:

ECN: stands for electronic communications networks. ECN brokers provide clients direct access to the financial market. In simple words, with ECN brokerage services you need to pay less spread on currency pairs, but it includes commissions charges per trade. ECN brokers are best for scalpers.

NDD: stands for Non Dealing Desk, basically, it is for market execution type trades. Here no dealing desk involves for filling traders orders from brokerage side. If a trader opens this types of account with market execution then trader order will get filled directly from the bank or by the liquidity provider.

STP: Stands for Straight Through Processing, which indicates how trader order gets processed. It is an order handling technology for brokerage services. As it is engineered to speed up the order execution, thus it produces less delay. Trader order get executed within micro seconds.

Learn more about different types of trading accounts from our forex school:

Chapter 9: Trading Account


Are you new in Forex Trading?

Learn forex from IntraQuotes Forex Trading School

View Free Course