FxRebateGurus.com

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A thorough forex broker comparison

At FxRebateGurus our job is to help our clients pick the best forex broker, and minimize trading costs wherever possible, thatís why we are the FX Rebate Gurus. To do that we are constantly increasing the roster of brokers we work with. Currently our forex broker comparison table is possibly the best comparison table available anywhere; however we want to provide even more value for clients.

We have recently embarked on a mission, to open accounts with every single one of the forex brokers we offer and document all pros and cons we encounter, using several criteria:

  • Account opening process
  • Account funding speed
  • Ease of account opening(e.g. documents needed)
  • Payment methods offered
  • Fees charged for depositing into trading account and other fees
  • Fees charged for withdrawals
  • Withdrawal processing speed
  • Trading conditions
  • Spreads
  • Overall reputation of the broker (e.g. ForexPeaceArmy reviews).

Throughout this project we will be giving each broker a score, based on many variables, theoretically the higher the score overall the better the forex broker is. We have not yet established the scoring system but once we grade each broker based on the above mentioned criteria we will decide on the appropriate weighing of each.

The brokers with the top scores are well respected brokers in the forex community and are very efficient at all stages of the account opening/funding/maintaining/trading. The scores will be somewhat more heavily weighted towards the account opening/funding/spreads offered. Reason being, we canít test all aspects of execution, we have devised an EA to test out several aspects of execution, at various time, compare spreads, spread widening and several other criteria. At the end of our tests one broker will be crowned the best forex broker as tested by the folks at FxRebateGurus.

We are currently examining the following 23 forex brokers and will be reporting our findings in the weeks to come:

TadawulFX

GallantFx

FXCM UK

IamFX

AvaFX

FinFX

FxPrimus #2

4XP

FxPro

IamFX

AFBFX

FXDD

HotForex

XeMarkets

TradeNext

InstaForex

FxPrimus

ThinkForex

AxiTrader

Windsor Brokers

Alpari UK

FxOpen

IBFX



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