ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

Best Forex Brokers with Trading APIs of 2024

Steven Hatzakis

Written by Steven Hatzakis
Edited by John Bringans
Fact-checked by Blain Reinkensmeyer

March 29, 2024

ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Here's how we test.

The versatility and utility of Application Programming Interfaces (APIs) in our interconnected world have made them increasingly common in a wide variety of contexts. Trading APIs unlock the ability for institutions or retail traders to connect their own custom trading platforms (or their preferred third-party software) to their forex broker trading accounts.

In our guide to forex trading APIs, we’ll explain what APIs are, how they work, and clarify how (and why) they are used in forex trading. We’ll detail the benefits (and drawbacks) that come with using APIs for forex trading, and we’ll also help you pick the best forex broker for API trading.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Best Forex Brokers with Trading APIs

Most of the forex market’s top online brokers offer API trading solutions, but not all trading APIs provide the same range of features or level of support. Here are the best forex brokers for trading APIs, based on our in-house research and testing (learn more about how we test):

  • FXCM
    - ForexConnect API, REST, FIX, Java
  • OANDA - v20 REST API, FIX, MT4 API
  • Interactive Brokers
    - Trader Workstation (TWS) API
  • Saxo
    - REST OpenAPI
  • IG
    - (IG Labs) REST and Streaming API
  • FOREX.com - REST API
  • TD Ameritrade - GET, POST, XML API
FXCM
4.5/5 Stars 4.5 Overall

ForexConnect API, REST, FIX, Java

Minimum DepositStarts from $50
Trust Score95
Tradeable Symbols (Total)440

For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading. Its range of tradeable markets is fairly narrow, however, and the pricing at FXCM is just average. Read full review

Pros
  • Excellent platforms and tools
  • High-quality market research
Cons
  • Pricing is slightly higher than industry average
  • Narrow range of tradeable markets
Visit Site

$0.00 Commissions and Low Spreads.

(73% of retail CFD accounts lose money)

OANDA
4.5/5 Stars 4.5 Overall

v20 REST API, FIX, MT4 API

Minimum Deposit$0
Trust Score93
Tradeable Symbols (Total)1744 info

A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering. Read full review

Pros
  • High-quality market research
  • Excellent options for algorithmic trading
Cons
  • Fees trail discount leaders
  • Limited tradeable products
Interactive Brokers
5/5 Stars 5.0 Overall

Trader Workstation (TWS) API

Minimum Deposit$0
Trust Score99
Tradeable Symbols (Total)8500

Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite. Read full review

Pros
  • Robust platform for professional traders
  • Wide range of global markets
  • Thorough research offering
Cons
  • Trader Workstation platform is likely too complicated for inexperienced traders
Visit Site

Quotes as tight as 1/10 of a pip

(66% of retail CFD accounts lose money)

Saxo
5/5 Stars 5.0 Overall

REST OpenAPI

Minimum Deposit$0
Trust Score99
Tradeable Symbols (Total)70000

Saxo is an exclusive multi-asset broker with brilliant research and a superb trading platform experience – as well as a stunning selection of over 40,000 securities. Read full review

Pros
  • Flagship platform is top of the line
  • Over 40,000 tradeable instruments
  • Excellent customer service
Cons
  • High minimum deposit
Visit Site

Trade185 FX pairs from only 0.4 pips.

(64% of retail CFD accounts lose money)

IG
5/5 Stars 5.0 Overall

(IG Labs) REST and Streaming API

Minimum Deposit£250.00
Trust Score99
Tradeable Symbols (Total)19537

IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets. Read full review

Pros
  • Outstanding platforms and tools
  • Over 19,000 tradeable instruments
  • Competitive pricing
Cons
  • No predefined layouts on the flagship web platform
  • Limited product range on MT4
Visit Site

Join 239,000+ traders worldwide.

(CFD Losses can exceed deposits)

FOREX.com
5/5 Stars 5.0 Overall

REST API

Minimum Deposit$100
Trust Score99
Tradeable Symbols (Total)5500

FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader. Read full review

Pros
  • Multiple high-quality platforms
  • Excellent market research
  • Wide range of markets
Cons
  • Only about 600 instruments are available on the MT5 platform, compared to over 4,500 on non-MetaTrader platforms
TD Ameritrade
5/5 Stars 5.0 Overall

GET, POST, XML API

Minimum Deposit$0
Trust Score99
Tradeable Symbols (Total)0

TD Ameritrade’s thinkorswim platform offers over 70 tradeable currency pairs alongside a plethora of impressive tools, research, and education. For traders in the U.S., TD Ameritrade provides the ultimate trading technology experience. Read full review

Pros
  • Outstanding platform in thinkorswim
  • Thorough research offerings
  • Excellent educational materials
Cons
  • Does not offer copy trading
  • Forex pricing is slightly higher than industry average

Which forex broker has the best API?

Most forex brokers that offer automated trading provide some form of API connectivity. We've evaluated trading APIs from the best forex brokers in the industry, and determined which of those offerings stand out as exceptional. Read about our top picks for the best forex brokers for trading APIs:

Winner: FXCM

FXCM Logo

FXCM is our top choice for API trading. Four APIs are available, including REST, JAVA, FIX, and its ForexConnect proprietary software development kit (SDK).

FXCM’s ForexConnect provides access to a rich variety of trading API features, such as forex robots and automated trading systems, integrated trading data and pricing histories, and the ability to connect to custom trading platforms. ForexConnect supports a wide range of popular programming languages, such as Python, Java, C#, Visual Basic, and C++.

FXCM also offers a plethora of public resources to aid your coding projects, including dedicated Python packages that can be installed from the command line using Python, as well as open-source code for its public APIs on its GitHub page. Read our full-length review of FXCM.

Runner Up: OANDA

OANDA Logo

OANDA is another excellent choice for API trading, due to its robust documentation and the resources available in its developer portal. Three APIs are available: FIX, MT4, and the versatile v20 REST API.

OANDA’s v20 REST API grants access to a range of commonly sought-after trading API features, such as account management, historical pricing data and real-time trading rates, and the ability to place, modify, and close orders. You can read the full list of supported functions and features on OANDA’s developer page.

Like FXCM, OANDA has plenty of resources on its GitHub page, with public open-source code repositories to complement its API offering. Check out our full-length review of OANDA.

Podium Finisher: Interactive Brokers

Interactive Brokers Logo

Interactive Brokers offers a comprehensive API offering. Trader Workstation (TWS) is Interactive Brokers’ proprietary, open-source API, and traders can connect to Interactive Brokers’ trading system via FIX API.

Interactive Brokers’ TWS API delivers a powerful assortment of API features and functions. Traders can place orders, view positions, monitor portfolios, and automate trading strategies. TWS provides the ability to connect custom applications or platforms, and it supports a range of programming languages, such as Python, C#, C++, and Java.

Learn more about Interactive Brokers' API offerings on the IBKR Trading APIs site, and read our full-length review of Interactive Brokers.


What are APIs?

An Application Programming Interface (API) is a kind of coding (or set of codes) that is used to enable connections – or, transactions – between software applications, databases, operating systems, and servers.

One side of the transaction (usually known as the client) will send a request to access the data or features of an API-connected application or database. This request is received by the second party’s API (usually known as the server), which then either allows or denies the request based on a predefined set of rules (these are known as the API specifications).

What is a Trading API?

When trading forex, CFDs, and other financial instruments, trading APIs allow a user’s front-end system to connect to the broker’s back-end system through an encrypted communication channel. Practically speaking, this means that traders who utilize APIs are not committed to using the application or platform supplied by their broker. Instead, traders have the option to use third-party software or their own custom platform or app while remaining connected to their forex broker’s trading ecosystem.

Unlike a read-only API – which doesn’t permit trading or account operations – a trading API provides full access, allowing you to trade your brokerage account programmatically. Trading APIs provide the ability to send and cancel orders, retrieve live prices and historical data, and access account details such as balances and current market prices. APIs can even link traders’ automated trading algorithms to their forex broker’s platform (check out our guide to high-frequency trading to read more about the best algo trading software and automated HFT algorithms).

terminalNote:

Some API connections can be as rudimentary as a few lines of code or an excel spreadsheet, while others may be a fully-fledged trading platform.

Popular forex trading platforms MetaTrader and cTrader are well-known examples of third-party software that connects to your forex broker via API. Read our MetaTrader guide to learn more about the platform, and check out our MetaTrader 5 guide to get an in-depth look at the newest version of the MetaTrader software. My MT4 vs MT5 guide details the differences between the two versions of MetaTrader to help you make an informed choice.

Pros and cons of using trading APIs

Pros

  • Live market data and executable prices.
  • Historical market data and prices, allowing API users to analyze markets and chart client sentiment.
  • Risk management tools and features, such as stop-loss and take-profit limits.
  • Immediate execution and instant confirmation, so orders can be carried out through their own trading platform.
  • Trades can be carried out anonymously without being recorded on the broker’s platform.

Cons

  • API trading requires development time and ongoing maintenance, which can be costly.
  • Generally speaking, programming knowledge and skills are required. The extent of this skill requirement will depend on your forex broker.
  • Connecting an API can open the door for hackers to attack the application, hampering the security of the site – yet another reason to only use trusted, regulated brokers, even when using APIs for trading. Learn more about how to determine which forex brokers are trustworthy on our Trust Score page.

What forex brokers have APIs?

Nearly all forex brokers that offer automated trading provide API connectivity, and even brokers that do not offer algorithmic trading may provide an API for public access. We've put together a list of the best forex brokers that provide free public API access:

  • FXCM - FXCM’s ForexConnect API is a favorite of ours, due to its rich variety of supported functions. Also available at FXCM are industry-standard REST and FIX APIs, as well as the Java API (a wrapper SDK for FIX API).
  • OANDA - OANDA’s API offering includes its v20 REST API, as well as standard FIX API support and API connection to MetaTrader 4 (MT4). Read more about OANDA’s API solutions on OANDA’s developer site.
  • Interactive Brokers - Interactive Brokers’ Trader Workstation (TWS) is the broker’s proprietary, open-source API, which allows for connectivity to IBKR’s trading systems via FIX API. Read more about TWS on IBKR’s Trading APIs site.
  • Saxo - Saxo’s REST OpenAPI powers nearly every end-user platform provided by the broker, and allows traders to build portfolio analysis tools, native applications, and use third-party apps. Learn more at Saxo’s OpenAPI Developer Portal.
  • IG - Available via its IG Labs site, IG's standard REST API and Streaming API provide access to the IG ecosystem - all you need is an IG account to get started.
  • FOREX.com - FOREX.com’s REST API allows traders to execute trades, manage accounts, gather historical data for technical analysis, and code using popular programming languages like C++ and Python. Learn more at FOREX.com’s API Trading page.
  • TD Ameritrade - TD Ameritrade supports a variety of API methods and functions, such as standard CRUD operations and an XML-based API. Learn more at TD Ameritrade’s Developer site.

reportNote:

Some forex brokers reserve their APIs for institutional clients, and some may require that you meet a certain balance threshold or trading volume requirement in order to be eligible for API access.

How do I connect a forex API to a broker?

  1. Read your forex broker’s API documentation (or, API specifications) to understand the specific API connection requirements. It’s also important to read up on the available software development kits (SDKs) and on any supported programming languages.
  2. Next, you’ll need to make sure you have a demo or live account registered with your forex broker – you’ll need this to connect programmatically.
  3. Request API access. Once registered, you'll receive your API key (make sure to keep this safe) – this will allow you to securely connect and access the API.
  4. Once you’ve successfully connected to the API, you’ll likely need to debug and/or troubleshoot your code (or the third-party program you are connecting).
  5. After handling any necessary troubleshooting, you can start using basic commands, such as accessing account balances and viewing live market data. Then, move on to more complex operations such as order and trade management.

keyDon't lose your (API) keys

Connecting with a third-party program will require that you enter your API keys. API keys are passwords that let you access your account, much like the username and password required to log into your forex broker’s software. Make sure to keep your API keys as secure and protected as you would any password(s) for your brokerage account.

ForexBrokers.com 2024 Overall Rankings

Now that you've seen our picks for the top seven brokers for trading APIs, check out the ForexBrokers.com Overall Rankings for forex brokers. We've evaluated over 60 forex brokers, using a testing methodology that's based on 100+ data-driven variables and thousands of data points. Check out our full-length, in-depth forex broker reviews.

Here are our 2024 Overall Rankings for all 62 online brokers that we have reviewed and tested (read more about how we test):

Company Overall Rating Offering of Investments Commissions & Fees Platform & Tools Research Education Mobile Trading Trust Score Visit Site
IG logoIG 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 99 Visit Site
Interactive Brokers logoInteractive Brokers 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 99 Visit Site
Saxo logoSaxo 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4/5 Stars 5/5 Stars 99 Visit Site
CMC Markets logoCMC Markets 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 99
FOREX.com logoFOREX.com 5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars 5/5 Stars 5/5 Stars 99
TD Ameritrade logoTD Ameritrade 5/5 Stars 5/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 5/5 Stars 99
City Index logoCity Index 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 5/5 Stars 99
XTB logoXTB 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 96
eToro logoeToro 4.5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 90
Swissquote logoSwissquote 4.5/5 Stars 5/5 Stars 3.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 4.5/5 Stars 99
Capital.com logoCapital.com 4.5/5 Stars 4.5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 87 Visit Site
AvaTrade logoAvaTrade 4.5/5 Stars 4/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 94 Visit Site
Plus500 logoPlus500 4.5/5 Stars 4/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 3.5/5 Stars 4.5/5 Stars 99 Visit Site
OANDA logoOANDA 4.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 5/5 Stars 4/5 Stars 4.5/5 Stars 93
FXCM logoFXCM 4.5/5 Stars 3.5/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 4.5/5 Stars 95 Visit Site
Admirals logoAdmirals 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 93
Pepperstone logoPepperstone 4.5/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 95 Visit Site
XM Group logoXM Group 4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 88 Visit Site
FP Markets logoFP Markets 4.5/5 Stars 4.5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 87 Visit Site
FxPro logoFxPro 4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4.5/5 Stars 90
IC Markets logoIC Markets 4.5/5 Stars 4.5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 84 Visit Site
Markets.com logoMarkets.com 4.5/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 96
Tickmill logoTickmill 4.5/5 Stars 3.5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 86 Visit Site
Fineco Bank logoFineco Bank 4.5/5 Stars 4.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 94
BlackBull Markets logoBlackBull Markets 4/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 78 Visit Site
Vantage logoVantage 4/5 Stars 3.5/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 90
HYCM (Henyep Capital Markets) logoHYCM (Henyep Capital Markets) 4/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 88
HFM logoHFM 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 86
ThinkMarkets logoThinkMarkets 4/5 Stars 4.5/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 92
FlowBank logoFlowBank 4/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 80
DooPrime logoDooPrime 4/5 Stars 5/5 Stars 3/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 83
Trading 212 logoTrading 212 4/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 79
BDSwiss logoBDSwiss 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 76
Trade Nation logoTrade Nation 4/5 Stars 3.5/5 Stars 4.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 85
TMGM logoTMGM 4/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 83
Moneta Markets logoMoneta Markets 4/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 72
Eightcap logoEightcap 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 85 Visit Site
MultiBank logoMultiBank 4/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 84
ACY Securities logoACY Securities 4/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 75 Visit Site
RoboForex (RoboMarkets) logoRoboForex (RoboMarkets) 4/5 Stars 5/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 71
VT Markets logoVT Markets 4/5 Stars 3.5/5 Stars 4.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 70
easyMarkets logoeasyMarkets 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 80 Visit Site
IronFX logoIronFX 4/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 83
Spreadex logoSpreadex 4/5 Stars 5/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 71
IFC Markets logoIFC Markets 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 67
Trade360 logoTrade360 4/5 Stars 4/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 76
Octa logoOcta 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 70
Axi logoAxi 4/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 81
TeleTrade logoTeleTrade 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 71
GKFX logoGKFX 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 65
Vestle logoVestle 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 78
FXOpen logoFXOpen 3.5/5 Stars 3/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3/5 Stars 4/5 Stars 80
FXPrimus logoFXPrimus 3.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3.5/5 Stars 4/5 Stars 71
Forex4you logoForex4you 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 61
GBE brokers logoGBE brokers 3.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3/5 Stars 4/5 Stars 71
Alpari logoAlpari 3.5/5 Stars 3/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3.5/5 Stars 4/5 Stars 68
TopFX logoTopFX 3.5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars 3/5 Stars 3/5 Stars 4/5 Stars 67
Libertex (Forex Club) logoLibertex (Forex Club) 3.5/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 3/5 Stars 3/5 Stars 4/5 Stars 73 Visit Site
LegacyFX logoLegacyFX 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 67
FXGT.com logoFXGT.com 3.5/5 Stars 3/5 Stars 3.5/5 Stars 3.5/5 Stars 3/5 Stars 3/5 Stars 3.5/5 Stars 69
ATFX logoATFX 3.5/5 Stars 3.5/5 Stars 3/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars 73
Xtrade logoXtrade 3.5/5 Stars 3.5/5 Stars 2.5/5 Stars 3/5 Stars 3/5 Stars 3.5/5 Stars 3/5 Stars 80

Popular guides to forex trading tools and platforms

Popular Forex Guides

More Forex Guides

Popular Forex Broker Reviews

Methodology

At ForexBrokers.com, our evaluations of online brokers and their products and services are based on our collected quantitative data as well as the qualitative observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the online forex brokerage industry, and we evaluate dozens of international regulator agencies (learn more about how we calculate Trust Score).

When assessing the best forex brokers for trading APIs, we conduct extensive research on a wide variety of API services, connections, and interfaces across the forex industry and evaluate each broker’s offerings based on a range of factors. Our research team also examines all publicly available API documentation in online broker resource portals and in GitHub repositories.

All web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running macOS 12.5 to test trading APIs on the go. We also test on mobile devices; for Apple, we test using the iPhone XS running iOS 15, and for Android we use the Samsung Galaxy S9+ and Samsung Galaxy S20 Ultra devices running Android OS 12.

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Read our Generative AI policy to learn more.

Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.

Forex Risk Disclaimer

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.

About the Editorial Team

Steven Hatzakis
Steven Hatzakis

Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).

John Bringans
John Bringans

John Bringans is the Senior Editor of ForexBrokers.com. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.

Blain Reinkensmeyer
Blain Reinkensmeyer

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

close