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Posted by on October 21, 2018

BRKV – The largest forex brokers will offer traders excellent trading conditions and high-quality-services. Besides, another important standard that a large forex broker must has is reliability. The larger the forex brokers are, the more reliable they are. Traders are always strongly advised to do business with the top forex brokers only. However, there are hundreds of brokers in forex trading market. As a result, it is quite difficult for both beginners and experienced traders to recognize the best forex brokers. The traders should carefully choose forex broker to trade with; otherwise they are likely to be defrauded.

Let’s learn more about the best forex brokers in 2018 today.

Creating a reliable list of top 5 largest forex brokers is not an easy task for us, even though we have had many years of experience in forex trading and working with some brokers. The information is not enough to rank the top 5 largest forex brokers, so we had to conduct a number of research as well as directly contact with the forex brokers. We are confident that our research are highly reliable, so you can totally believe in the reliability of the forex brokers in our list. While doing research, we have consulted some online lists of top largest brokers in the world. However, there are some convincing evidences prove that these online lists are possibly fake. Some totally new brokers such as Hotforex, ICmarket, FBS, or FXTM appear in those list. These brokers only target in some South East Asian and African countries. It is impossible for they to become the top forex brokers in the world.

Here is list of the 5 largest forex brokers in the world:

This list is based on Forex trading volume only, so those big brokers who have low monthly forex trading volume won’t be listed.

  1. $395 Billions. Click here to learn more.

  2. $320 Billions

  3. $300 Billions

  4. Saxo Bank: $300 Billions

  5. FXCM: $220 Billions.


1.  Largest forex brokers are the perfect choices for traders:

There are a lot of scam brokers who are always willing to use complicated and dirty tricks to steal trader’s money in the forex market. Therefore, not only beginners but also experienced traders can be easily defrauded. Unfortunately, it was not until the traders lost all money that they recognized that the broker was a scammer.

Why can a scam broker not be exposed at the beginning?

Sadly, the problems won’t usually happen at the early stage of trade. The more money traders deposit, the more benefits scam brokers can get. Therefore, a scam broker will offer traders favorable trading conditions to make them relax their guard and invest more money. Even when you trade with non-scam brokers, you are highly likely to win at the beginning, because you usually follow risk management right from the start. More and more forex brokers are founded in the forex trading market. Consequently, the traders find it increasingly difficult to choose a reliable broker.

Trading with the largest forex brokers will keep your fund safe

In most cases, a scam broker will never pay the money back to the traders. The victims realize that they are defrauded only when they lost all money. But how to recognize a scam broker? To check reliability of brokers, you should get as much information about them as possible. The largest forex brokers have done business with thousands of traders. These traders will usually post and share their business experience with these brokers on the Internet and social media. Nowadays, we are living in a “flat world”, so you can take advantage of the reviews on the Internet to check reliability of the brokers that you intend to trade with. If there are any scams, you can know about them immediately. Thanks to the Internet, unreliable brokers will be exposed. Therefore, only reliable brokers can attract more traders and become the largest forex brokers. For example, Exness is one of the biggest forex brokers and is highly prestigious. You can click here to learn more about Exness’s transparency.

2. Which standards should the largest forex brokers have?

You can check out the trading volumes published by some brokers on the Internet. You should only rely on trading volumes audited by top 4 audit companies. The traders which have transparent trading volume are very reliable. I strongly encouraged you to trade with these reliable brokers. Trading with a transparent broker will keep your fund safe and sound. However, there are some brokers who don’t publish their trading volume. Therefore, I used some trusted resources such as statistic websites, financial news, and newspaper in order to check transparency of these brokers.

While having low forex volume, some big brokers such as: and Saxo Bank have very high total trading volume. It is because they provide many products like Crypto, Forex, Future, Commodities, and Stock… Consequently, their Forex volume is much smaller than the total volume.


  •’s total trading volume is $500 Billions, but Forex volume is $300 Billions.

  • Saxo Bank’s total trading volume is $600 Billions, but Forex volume is $300 Billions.

Learn more about Exness review now.

3. Why should traders do business with the largest forex brokers?

Most brokers in the above list are located in America and Europe. As a result, this list will bring the traders living in those areas a lot of benefits. But if you are Asian, African, and Australian traders, what brokers can you choose? You have to make sure that the brokers are not only reliable but also satisfy some criterion. Here are some factors you need to carefully check out:

  • Whether they are regulated in your countries.

  • Local payment systems

  • Local support

Exness is perfect choice for Asian and African traders

Exness’ s payment system is very convenient for Asian and African traders. That’s because there are a number of target countries in these areas. You can deposit and withdraw instantly and free, while other Asian brokers which don’t have local payment system will charge you from 1.7- 4% of your deposit fee. You can find Exness’s offices in most big countries such as: China, Indonesia, Thailand, Singapore, Malaysia, Cyprus, South Africa, India and Dubai. Of course, Exness must been regulated by these country to open offices in these cities. Additionally, Exness will offer Asian and African traders online 24/7 support services. It means that you can get instant responses from their live chat.

Read more about Exness Cent account, the best choice for beginners.

If you are living in US, you should trade with They are reliable and leading in the US market.

If you are living in Europe, Saxo Bank and Exness are perfect choice.

If you want to know whether US, European brokers are suitable with you or not, you should read this article: Best forex brokers for Asian traders.

Here is the list of 5 largest forex brokers for you:

  1. $395 Billions.

  2. $320 Billions

  3. $300 Billions

  4. Saxo Bank: $300 Billions

  5. FXCM: $220 Billions.

Hey there, this is Fanara Filippo. I’m the author of this article and i’m currently collaborating with, or BRKV in short. My articles are mainly for forex traders from Thailand, Indonesia, India, Bangladesh, and South Africa.



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