FxScouts is an international online resource for traders, launched in Indonesia in 2012. It helps beginners to choose the right broker based on professional independent reviews and comparison of terms. In addition, the site provides access to free educational articles from independent experts.
FxScouts main features and highlights
- Reviews of more than 180 Forex brokers
- Side-by-side comparison and rating of Forex brokers in Indonesia
- Unbiased broker reviews by leading professionals
- Educational articles by professional traders and Forex experts
- Complete independence from commercial bias
FxScouts pros & cons
| Pros | Cons |
| 180+ brokers reviewed. | You may be disappointed with a broker you are interested in. |
| Conveniently compare the brokers, their terms and services. | No mobile app. |
| Reviews are 100% independent and objective. | |
| A large collection of educational articles for novice brokers. | |
| Convenient website, multilingual interface. | |
| Ability to sign up for a free email subscription. |
Regulated by
FxScouts is a legal Schlossbrink AB LEI Member (membership number 254900LUG07G07A31U72).
FxScouts reliability & security
FxScouts only reviews officially licensed and regulated brokers. In Indonesia, they recommend that you first pay attention to those online Forex brokers that are licensed not only by BAPPEBTI, but also by FCA, CySEC, ASIC.
FxScouts offers a comparison of brokers by type, trading conditions, available Forex trading platforms, deposit and withdrawal methods.
FxScouts warns of all the risks associated with Forex trading and offers comprehensive information on how to avoid them.
FxScouts account types
FxScouts is a free online resource where you do not have to pay for access to services and published materials. You can subscribe to receive new articles directly to your email.
FxScouts user experience
FxScouts is a simple and straightforward website that puts the user first. You can choose your region and get the most relevant information in your language. If you would like to stay up to date, you can subscribe to an email newsletter.
A comparison of trusted Fоrex broker companies and their conditions can be found in a separate section of the site. You can select the brokers you are interested in from the drop-down list and compare them according to the offered parameters: overall rating, minimum deposit, regulation, trading desk type, trading instruments, etc.
The only disadvantage is that FxScouts is web only, no mobile app available.
In conclusion
FxScouts is one of the best resources for online traders to find a broker. It is a company that values its reputation and only publishes unbiased reviews and ratings of Forex brokers. This is a useful resource of information and useful tools for both beginners and experienced traders.