RahmanSL
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According to FinanceFeeds.com:
Certain websites and retail FX forums often provide lists of brokerages, for example, Forex Peace Army has quite a long list of brokerages (currently listing around 823) with some of these are no longer in service.
FinanceFeeds research shows that the total number of active MetaTrader 4 brokerages currently stands at 1,231
The list does not include brokerages that do not offer MetaTrader 4 such as companies with their own proprietary platforms.
It is worth considering how many active retail brokerages are indeed in existence today. The majority of industry participants that we have asked to estimate this, in addition to the actual research that we have conducted, have guessed that this figure runs into the thousands.
So, in reality, nobody really knows the actual numbers.
Certain websites and retail FX forums often provide lists of brokerages, for example, Forex Peace Army has quite a long list of brokerages (currently listing around 823) with some of these are no longer in service.
FinanceFeeds research shows that the total number of active MetaTrader 4 brokerages currently stands at 1,231
The list does not include brokerages that do not offer MetaTrader 4 such as companies with their own proprietary platforms.
It is worth considering how many active retail brokerages are indeed in existence today. The majority of industry participants that we have asked to estimate this, in addition to the actual research that we have conducted, have guessed that this figure runs into the thousands.
So, in reality, nobody really knows the actual numbers.