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Alison Heyerdahl
Edited by Alison Heyerdahl
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FxScouts Announces Global Forex Broker Awards 2023

Reading time: 3 min | Author News | Broker News | Company News

• Pepperstone is Global Forex Broker of the Year
• Tickmill wins Best Trading Conditions
• FBS wins Best Trading Account for Beginners
• XM, AvaTrade, FP Markets, XTB and IC Markets are all recognised

Since 2012, FxScouts has helped new Forex traders find their feet and provided a comprehensive broker comparison service. Its algorithmic approach to comparison ensures that brokers are rated fairly and traders are never misled.

Each year, FxScouts evaluates brokers and awards the very best for their accomplishments. In this rapidly evolving market, FxScouts’ awards are welcomed for highlighting the best in the business. The Forex brokers recognised today are all making a supreme effort to provide the best possible trading experience for their customers.

Pepperstone, one of the largest, best-regulated, and most respected CFD brokers, has been awarded Global Forex Broker of the Year for the second year in a row. Pepperstone has built its reputation on being a client-focused, innovative broker. This year, it has gone from strength to strength, reaching the milestone of 100 Forex pairs available to trade and launching its proprietary platform and trading app. This further boosts an already unrivalled trading platform lineup featuring MT4, MT5, cTrader and TradingView.

Björn Michels, CEO of FxScouts, says, “It’s no coincidence that Pepperstone has won our top award two years in a row. We have worked closely with them for over a decade now, and it’s obvious how focused the entire company is on constantly finding ways to improve. They have an impressive product lineup and one of the most creative and hardworking company cultures. I’m so glad we can reward them for all their effort."

Also recognised by FxScouts was Tickmill, winning the award for the Best Trading Conditions. Founded in 2009, Tickmill offers raw spreads and some of the lowest commissions in the world. Even better, Tickmill keeps minimum deposits very low, so these trading conditions are available to everyone, even beginners. 2023 also saw Tickmill opening an office in Dubai and launching its own social trading platform.

Michels said, “Given the difficulties the industry has gone through over the last few years, it’s great to see Tickmill bucking the trend and keeping costs low for traders. The company and its employees are clearly dedicated to their clients, and it’s great to see them continuing to expand and innovate.”

The deterioration of the global economy and the ensuing reduction in trading volume have put serious pressure on the industry this year. Those brokers that adapted best to the challenges of the pandemic years are the same that have shown resilience, improvement, and success in 2023. As always, the brokers that continue to innovate in response to their client’s needs are the ones who thrive, and Pepperstone and Tickmill have both been rewarded for their focus and dedication.

Other winners include FBS for Best Trading Account for Beginners, FP Markets for Best Trading Tools, XM for Best Education and Market Research, AvaTrade for Most Innovative Forex Broker, XTB for Best Proprietary Platform, and IC Markets for Best Customer Support.

While all the brokers on this list excel across the board, the research team at FxScouts highlights those aspects of a broker that, by their exceptional nature, define a broker’s brand.

For a full list of award winners, visit FxScouts’ awards page.

About the FxScouts Group

Since 2012, FxScouts has provided broker comparisons and Forex education for new traders. FxScouts creates high-quality, factually correct, and meaningful educational content that furthers readers interest in Forex trading. With the launch of our Broker Rankings in 2019, FxScouts set a new standard for unbiased broker comparison. It continues developing data-driven tools to assist traders in their comparison and education. The FxScouts team are journalists and write with journalistic integrity and their research and review process is free from commercial bias and conflict of interest.

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Meet the Experts Behind Our Unbiased Reviews

Chris Cammack

Head of Content

Chris Cammack

Head of Content at FxScouts since 2019, Chris Cammack ensures all content meets our high standards of quality and clarity, shaping editorial guidelines and overseeing broker reviews. Chris brought 10 years of experience in research, editorial, and design for political and financial publications, and has a deep knowledge of international financial markets and geo-politics. He co-hosts the "Let's Talk Forex" podcast with Alison and writes for the news section on a regular basis.

Alison Heyerdahl

Senior Financial Writer

Alison Heyerdahl

Alison joined the team as a writer in 2021. She is the Senior Financial Writer for FxScouts. She has a medical degree with a focus on physiotherapy and a bachelor's in psychology. However, her interest in forex trading and her love for writing led her to switch careers. She has a passion for Forex trading and over a decade of editorial experience researching Forex and the financial services industry, producing high-quality content. She hosts a weekly podcast, "Let's Talk Forex", alongside Chris and has produced over 100 Forex educational videos for the FxScouts YouTube channel. She also writes weekly technical analyses and has tested and reviewed over 100 Forex brokers.

Ida Hermansen

Financial Writer

Ida Hermansen

Ida is a financial writer with a degree in Digital Marketing and a strong background in content writing and SEO. Her expertise extends beyond marketing and writing, with a keen interest in cryptocurrencies and blockchain networks. Ida's passion for crypto trading sparked a deeper fascination with Forex technical analysis and price movement. She is continually expanding her knowledge in Forex trading, staying informed about the latest trends and identifying the best trading environments for new traders.

Stefan de Clerk

Financial Writer

Stefan de Clerk
The newest member of our team, Stefan has a degree in Marketing and more than a decade of experience writing quality content in both finance and tech. Stefan's deep fascination with how factors like geopolitical events, big data and market sentiment influence the financial markets drives his passion for Forex trading. He believes that if you want to feel the pulse of the world economy, trade Forex, and if you want to trade Forex, you need well-researched, unbiased and objective information.
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