FxScouts Announces Global Forex Broker Awards 2024

Key Award Winners:

• Pepperstone: Global Forex Broker of the Year
• FP Markets: Best Trading Conditions
• HFM: Best Broker for Beginners
• Other winners include Octa, XM, AvaTrade, Tickmill, and FBS for their exceptional contributions.

Since 2011, FxScouts has guided new Forex traders, offering an industry-leading broker comparison service. Its data-driven, algorithmic approach ensures fair ratings, fostering transparency and trust among traders worldwide.

Each year, FxScouts identifies and honours the top performers in this dynamic industry. This year’s winners have distinguished themselves by adapting to challenges and delivering unmatched services to their clients.

Pepperstone, one of the industry’s most respected brokers, received the prestigious Global Forex Broker of the Year award for the third year in a row. Pepperstone has built its reputation on being a client-focused, innovative broker. After scrapping its minimum deposit requirements and adding TradingView to its platform lineup last year, Pepperstone continued to build on its success in 2024 by rolling out its own trading platform and launching 24-hour share CFD trading.

Björn Michels, CEO of FxScouts, remarked:
“Pepperstone’s continued success is no accident. Their relentless pursuit of improvement and dedication to clients set them apart. With an impressive product lineup and a strong company culture, it’s an honour to recognise their efforts.”

FP Markets, awarded Best Trading Conditions, stood out for its raw spreads, low commissions, and trading tools, offering premium trading conditions even to beginners. In 2024, FP Markets added the popular trading platform TradingView to its already strong lineup.

Michels added:
“Amid industry challenges, FP Markets has remained resilient by prioritizing low costs and exceptional service. Their dedication to client success and commitment to innovation are exemplary.”

This year posed challenges for the Forex industry, including changing consumer tastes and volatile trading volumes. However, brokers like Pepperstone and FP Markets demonstrated resilience, focusing on client needs, innovation, and long-term growth.

Other Notable Winners

• HFM: Best Broker for Beginners
• FBS: Best Forex Trading Education
• AvaTrade: Best Trading Tools
• Octa: Best Proprietary Platform
• Tickmill: Best Customer Support
• XM: Most Innovative Broker

FxScouts highlighted that these awards focus on the unique strengths that define each broker’s brand, emphasizing qualities that set them apart from the competition.

For the complete list of award winners, visit the FxScouts Awards Page.