There are quite a number of experienced and inexperienced forex traders around the world. According to website rankings from Alexa, Compete and Quantcast as of January 1, 2008, here are several popular online forex brokers. The rankings are based on ratings provided by individual traders. Bear in mind that some brokers do offer trading and other investment options and stocks to raise their rankings in the list.

 

The top ten brokers as listed are Forex Capital Markets (FXCM), Oanda (FX Trade), Global Forex Trading (GFT Forex), FX Solutions (FX Sol), Advanced Currency Market (ACM), Interbank FX, Capital Market Services (CMS Forex), Interactive Brokers, Easy Forex and also MB Trading.

 

Forex Capital Markets (FXCM) offers several types of account including standard, micro, active trader and also forex system selector. Oanda (FX Trade) was listed as the first trading platform to show price movements in graph form as well as one of the very few platform to introduce fractional pips. Global Forex Trading (GFT Forex) is the worldwide leaders in online currency trading as it has fast and efficient software with accurate pricing and technical indicators.

 

FX Solutions (FX Sol) offers four convenient methods to trade Forex. It  provides a free 30-day GTS platform Forex account complete with an online education course for beginners to get started. Interbank FX is a leading online forex trading services provider based in Salt Lake City and has received numerous prestigious awards including Best Online FX Provider, Best Foreign Exchange Broker, Best Chairman, Ernst and Young Entrepreneur of the Year, and Inc 500. Capital Market Services (CMS Forex) is one of the world's leading online retail currency trading institutions founded in 1999 by a group of professional Forex traders.

 

Interactive Brokers is your perfect solution to the world's markets as it has the latest and most up-to-date technology and lower trading costs compared to other brokers in the market. Beginners can also learn a little about Forex trading through a series of flash based courses via it's Trader's University. Easy Forex offers easy solution to get started on Forex trading as users do not have to download software and most importantly, it has no other hidden charges.