Forex brokers

Safest Forex Brokers. eToro strives for openness and transparency. They are the worlds leading social investment broker, and all around one of the best Forex brokers. They offer copy trading that is available for you, to copy the trades of big time traders, whose trades are profitable 80%-90% of the time. Markets. com gives you a free unlimited demo account, plus advanced charts and technical analysis tools.

They allow leveraged trading at 1300 with a sign up bonus of $25 (No deposit required). Mobile trading is available. easyMarkets has great trading platforms with mobile capabilities, including MetaTrader (MT4). Fixed low spreads staring at 1 pip, and no commissions.

Leverage up to 4001. Free online training included. Don't forget the limited time bonus offer of 50% of initial deposit of up to $2,000. Sign up today for free, deposit money when ready, just click the visit site buttons above on your preferred Forex broker. Invest In The Forex Market With Confidence. We are a Forex market information site that is her to provide you with the best Forex broker information, tips, guidelines, and ways to get started or continue your successful venture, in the possibilities of the Forex market.

SafestForexBrokers. com contains information from honest Forex traders with years of experience in the Forex market. We strive to give you straight forward information that will lead you in the right direction to starting or continuing a successful Forex trading career. We hope to open new opportunities to take yourself to new financial heights that could change your life. forex brokers Refer a friend bonuses available. 100% welcome Bonus.

100% Bonus and 20% Bonus. 100% deposit bonus. Deposit bonus up to $500, Zero fees on deposit and withdrawals. RATEFXBROKERS is a forex and binary option review website that aims to deliver unbiased ratings of most of the top rated brokers on the online market today. We are accepting reviews and feedbacks from actual traders who have traded to these companies so that they can share their experiences with these brokers.

We carefully review each submission to ensure the accuracy of the reviews. Traders can check and analyze these companies to find out which broker will suit best for their trading needs. Traders and investors must be aware of the risks and losses that may be incurred in trading in the forex and stock market and therefore is not suitable for everyone. This site does not provide in any way, professional investing advice. The user agrees to use the site under their own personal risk and understands that the services and information in this site is suitable for those who can experience in trading the financial markets and can withstand any possible loss of capital. Forex Broker Comparison. Looking for the best online broker for stock, options, or FOREX trading?

Nasdaq. com's advertising partners are among the best online brokerages in the business and the lists below provide a great starting point in your search for the right broker. Enter up to 25 symbols separated by commas or spaces in the text box below.

These symbols will be available during your session for use on applicable pages. Customize your NASDAQ. com experience. Select the background color of your choice Select a default target page for your quote search Please confirm your selection You have selected to change your default setting for the Quote Search. This will now be your default target page unless you change your configuration again, or you delete your cookies. Are you sure you want to change your settings? Please disable your ad blocker (or update your settings to ensure that javascript and cookies are enabled), so that we can continue to provide you with the first-rate market news and data you've come to expect from us. Top Rated Forex Brokers for Safe and Regulated FX Trading.

Forex brokers are vital for both retail and institutional Forex traders success and it’s also very important to trade using a reliable trading platform. Forex trading is not restricted to professional traders or a few specially chosen people in the market. And top rated FX brokers are able to cater to a wide variety of needs, beginners and amateurs included. All Forex brokers, both good and bad, are free to be used by any trader, regardless of their experience, budget, or type of investment. Top 4 Forex Brokers. Top 5 Forex Brokers.

* No Deposit, T&C apply. The secret to finding the best and most secure Forex brokers is to know where to look and how to filter out the good ones. We choose the most reliable and efficient Forex trading companies using a detailed filtering process. It has nothing to do with luck or because the top rated Forex brokers in the industry are easy to find. You may have already stumbled across them during your daily internet routines, but there’s a good chance you’ll have passed them by without a second glance! However, with our professional guidance, we guarantee you’ll no longer make any mistakes or miss out on an opportunity to invest with the best Forex brokers.

From now on you’ll be able to find the most trustworthy systems to trade with, by following our guidelines and listening to our recommendations. Who We Are and What We Have to Do with the Best Forex Sites. We understand how important it is for you to have a reliable Forex trading broker. We also realize you don’t want some random people telling you where to trade and at which sites it would be best to register for a professional trading account.

However, be confident in your ability to be in the right place at the right time and to get all the necessary information. After all, this is a prerequisite for traders who are looking for the top Forex brokers. Our team is made up of people just like you, we happen to have a little more experience in the industry.

Most of our team are actually current, and ex-traders, and they have the necessary intuition and sufficient skills to identify secure Forex brokers. Along with the right knowledge to help rate them. When we rate any Forex trading broker, we consider many things including their reputation.

As well as real customer feedback from open forums and websites that serve as a genuine platform for trading discussions. This is one of the great advantages of our reviews, because we give you our professional opinion alongside other customers’ opinions. You’ll be provided with all the information you need and be able to use it when considering whether to give each broker a try and test their trading services. of Best FX Brokers. FX Broker Search. Top Trading Offers. * Not valid for EU traders, T&C apply.

* Not valid for EU traders, T&C apply. ** No deposit, T&C apply. The significance of Forex broker reviews and how we review Forex trading companies. Forex brokers reviews are designed to offer an insight into the performance, reliability, and trustworthiness of a broker.

And require a significant understanding of how the markets work. Normally, an average trader can only determine the efficiency of a broker by opening an account and trading the markets for a fair amount of time. Such a strategy may not only involve spending a significant amount of time and money, but can also lead to a drop in trader morale if the broker doesn’t live up to expectations. At Top Rated Forex Brokers, we believe in a fair and unbiased Forex broker rating system. Not only do we showcase the different advantages of a broker, but also concentrate on reviewing the negative aspects of a Forex trading broker. We use our industry-leading Forex review checklist to subject all Forex brokers to a stringent set of quality assessment guidelines.

This allows us to provide a fair and reliable representation of the services rendered by a company. All of our Forex trading brokers reviews are compiled by professional traders and market experts, who have been involved in the financial markets for more than a decade. Our collective experience in trading, along with an in-depth understanding of how brokers operate in the market, allows our team to offer you the best information related to choosing the best Forex broker in the market. The Best Forex Brokers – What to Look for in a Top Rated Forex Broker. Whether your main goal is to find a secure Forex broker or you want to compile a list of all the top rated trading brokers, you need to realize there are way too many brokers in the market.

Which can prove to be very confusing for beginners. Developing the right skills and building your experience will help you to recognize the really good brokers and sift out the dishonest ones. Which means that once you’ve read a broker review, you’ll be confident you can mitigate the risk to your trading capital and avoid choosing a fraudulent broker. The way to develop such skills is not too difficult. All you need to do is follow our guidelines carefully, and you’ll be ready to register with the best Forex brokers in the world. Here’s a collection of some of the top features and considerations you should be looking for in the best Forex brokers Regulation – Protect Your Investments with the Help of Leading Regulatory Organizations.

Only choose a regulated broker because there will be several mandatory measures that must be followed to ensure the safety and security of clients. These measures are not set out by the broker, but are laid down by specialist agencies in charge of regulating such companies. These agencies are created by the Government of a particular country or by other specific state authorities, and may act as either independent authorities or as a Government linked agency. For example, Forex brokers located in Cyprus are regulated by CySEC, while FX companies located in other countries such as the UK, the US, and Australia, are regulated by the Financial Conduct Authority (FCA), the National Futures Association (NFA), and the Australian Securities and Investment Commission (ASIC). Additionally, countries such as the US also have specific FX trading regulatory organizations such as the Commodities and Futures Trading Commission (CFTC), which dictates the rules and guidelines for investing in the markets.

These agencies take care of all the licensing aspects of a broker, which is an essential requirement for brokers to be officially listed in their primary market. If a broker or any financial company operates without a license, they may well be a scam broker, or might not be as reliable as the other licensed entities in the market. Make sure your broker has a valid license and suitable regulation from a reliable regulatory organization. Reputation – Ensure Long-Term Consistency by Choosing a Reputable FX Broker. A good Forex broker should have a positive reputation in the market. The reputation of a broker depends on many factors, but mostly on the company’s image and its history with existing customers.

A broker is typically owned and backed by an independent financial provider, and if the parent company is not especially known for its reliability, you’ll eventually see a lot of negative opinions expressed about its trading services. However, a company’s online image is not the only thing you need to consider. There are hundreds of online review websites where the rating charts can be tampered with and manipulated according to the writer’s whims and fantasies.

However, many of these ratings may be submitted by real traders, who are existing or past customers of specific trading platforms. Or by anonymous reviewers who wish to discuss the pros and cons of a particular service in open forums. Review forums may also contain ratings and discussions performed by experts (that may include paid reviewers), who have the necessary qualities and experience to comment on the official performance of the various trading websites. xm XM has received numerous accolades and awards for the quality of its financial services and its innovative trading platforms.

award3 award4 Licensed and Regulated Broker Focused on the Client Flexible Trading Conditions XM Review. Types of Forex Trading Accounts – a Trading Account for All Categories of Trading Capital. The Forex market caters to the needs of a global community of traders, with access to varying amounts of trading capital. Not all traders are endowed with a large amount of trading capital. Which is one of the reasons why Forex brokers now offer different types of trading account to suit the varying levels of investment by clients. Some brokers offer a trading account for as little as $1 initial deposit.

Most mainstream Forex brokers, on the other hand, mandate a minimum capital requirement that ranges between $100 and $500. ECNSTP Forex brokers may increase the minimum capital requirements further, requiring traders to invest at least $1000, but there are brokers that offer DMA accounts for $100 or less. The accounts can also be classified according to the tradable lots, which may include Micro accounts and Standard accounts.

Micro accounts give the freedom to start trading from 0.01 lots with high leverage. Standard accounts typically involve trading contracts that start from 0.1 lots and considerably lower leverage than Micro accounts. Forex Trading Platforms – Choose the Most Reliable Interface for Trading the FX Market. Factors to Consider When Choosing a Platform. Is it free of charge?

Is the software Internet (Java or HTML), Windows or Mac based? What types of orders are available? What charting tools are available?

Is the GUI user-friendly? Is there an access to the historical data? Does it provide additional features?

A solid trading platform is a must for any broker to be worth your time. If the broker uses unreliable and complex trading software, there’s a good chance it will be ignored by most traders, especially beginners. Of course, the main priority for an experienced and professional trader is to check the reliability of the trading software before actually opening a live trading account. Usually, a broker’s platform would be powered by some of the most innovative and leading software products like MetaTrader, cTrader, TradingStation, JForex, and other leading third-party trading solutions. However, this is not the only factor to bear in mind. Today, most traders prefer to choose from an array of different trading platforms.

Including those that not only offer comprehensive support for desktop trading, but also offer the option of an excellent and intuitive mobile trading platform for unabridged mobile access to their trading accounts. In most cases, this is possible when the broker has either an official mobile version, or provides specially tailored apps for tablets and mobile platforms. Mobile trading is beneficial to traders because it provides them with the chance to trade on the go. This means they’ll never miss an opportunity to trade and take advantage of the latest market movements. There are plenty of traders that prefer mobile trading over the traditional desktop experience due to their hectic lifestyles and busy schedules. This necessitates the need for brokers with a good reputation to offer excellent mobile apps along with the traditional desktop platforms. Trading Features – Discover the Best Trading Account Features for Your Investments. It’s imperative for traders to receive an excellent set of trading features, and these are usually offered by the best Forex brokers in the industry.

This is where different trading options can be involved. For instance, beginners will look for a broker that offers a user-friendly learning center, market research, and automatic trading signals. More experienced and advanced traders prefer a site where live streaming channels show the latest news and detailed market analytics. Experienced traders are sure to be satisfied if the broker doesn’t impose any trading restrictions and strategies such as hedging and scalping are allowed. Trading features also include account characteristics such as beneficial spreads, feasible leverage, and ECNSTP account protocols. A high payout ratio and availability of all trading assets such as stocks, foreign currency pairs, indices and commodities are also important.

As well as educational material and other modern account features that enhance the security of trading. Financial Instruments – Trade the Largest Market with a Broad Range of Currency Pairs. The Forex market allows a trader to invest in virtually any currency pair in the world. There are more than 150 widely traded currencies in the world, and each currency can be pegged against another currency, which is then floated freely in the market.

The buying and selling of currency pairs ensures there is sufficient volatility in the market, which is taken advantage of by short-term traders and investors. Along with the wide range of currency pairs, Forex trading also provides access to commodities, CFDs, and metals, which are all part of a broker’s overall product portfolio. While most Forex trading brokers try to incorporate as many instruments as they can into their trading accounts, some FX companies may limit the number of available instruments to a minimum.

In order to offer a less complicated trading account. In other cases, brokers may offer a comprehensive range of financial assets, including stocks, bonds, and indices, to take the total count to more than 10,000 instruments through a single trading account. Therefore, always consider your investment strategies and risk-appetite, before choosing a Forex brokerage firm and investing in the different financial assets. hycm Trade more than 100 instruments Spreads from 1.5 pips Start trading with $100 Forex. Trading Protocols – Reduce Your Conflict of Interest.

Trading protocols are defined as the mode of connection between a trader and the markets. Primarily, there are two different types of brokers, the market maker broker and the Direct Market Access (DMA) broker. Market maker brokers use internal dealing desks and trading platforms to connect orders internally. Which drastically reduces the liquidity in the market, but at the same time increases the conflict of interest between a client and their broker. Direct market access protocols, otherwise known as ECN or STP protocols, offer direct access to the global liquidity pool, which offers great trading conditions that don’t involve any conflict of interest. The best Forex brokers in the market usually offer both types of accounts to their traders, but some brokers may stick to either the market maker model or the DMA protocol to streamline their FX services.

Trading Costs – Keep Your Trading Economical and Cost-Effective. Traders are subjected to different trading costs and fees and these contribute to the overall revenue of a broker and its annual profits. The main types of fee incurred in Forex trading are the spreads and commissions, which are considered to be the most direct form of charging traders for the services rendered. The top rated Forex brokers are those that offer the lowest spreads and commissions in the industry. Average spreads can fluctuate between 1 pips to 5 pips on the major currency pairs, while ECN Forex brokers may offer raw spreads starting from 0 pips. ECNSTP Forex brokers often charge additional trading fees known as commission (due to the lowered spread from direct market access trading), which can hover between $2 and $20 per lot traded. Other trading costs may include fees for SWAPs, depositswithdrawals, account management costs, and subscription costs for allied products and services.

Types of Forex Market Orders. Forex is an important part of the global financial market. Orders are transacted in incremental lots as per the market conditions. Orders are transmitted through brokers according to different trading conditions, but there are different types of Forex market orders available to traders as per their trading requirements.

The most popular market order is an order to buy or sell a currency pair at the best market price, and is carried out instantly according to the liquidity in the market. Other types of Forex orders include Limit entry order – Orders are filled above or below a certain price Stop loss order – Closing positions at predetermined price Good till cancelled order – Pending order to open a position at strike price until cancelled by trader One cancels the other order – Order where one position cancels the other pending order. As per the CFTC rules, there are other types of orders such as the FIFO (First In First Out), and other pending orders.

All of which depend on the regulatory status of the broker and the broker’s specific Forex services. Payment Methods – Make Safe, Secure and Fast FX Transactions. Offering a choice in the variety of payment methods, along with great ease, convenience, and security of payments, is often seen as a good quality for a broker. The efficiency and reliability of a broker’s payment methods will affect both your investments and your profits. To commence your trading operations with a broker, you will first need to make an initial deposit. Every broker will have their own minimum deposit requirement. And if you’re a beginner, you’re going to appreciate a broker that offers an incredibly low deposit amount option.

Most brokers usually have no issues with deposits, but making a withdrawal is an entirely different ball game. Withdrawal is the process of taking out your money (including deposits, profits, and bonuses) from your trading account. Bear in mind that different brokers have their own requirements for making a withdrawal. Usually, there are restrictions as to the amount of the payment with both maximum and minimum levels, as well as the frequency at which you may claim your profits. In some cases, brokers limit withdrawals within a certain period of time i. e. for a week or a month. Sometimes, there are also fees charged on deposits and withdrawals. However, top rated brokers committed to the welfare of their clients don’t usually charge any fees or commissions for payments.

As for the types of payments themselves, the more variety offered on a platform, the better. Thus, the trader is at liberty to choose a payment method that best suits him or her. Payments via debit or credit card, as well as via bank wire transfer are common and can be found as a default payment option with any broker. But most traders today prefer to use electronic payment systems like PayPal, Neteller, WebMoney, Skrill, Bitcoins, etc. The leading Forex brokers in the industry realize the benefits of offering online payment processors, especially since a vast majority of traders opt for e-wallets and online payment systems for making their payments. Forex Bonuses – Increase Your Account Equity with Negligible Risk.

The availability of a bonus system is one of the main broker features traders usually consider an important factor when deciding whether a broker is good or bad for their investments. Although we do not believe that a Forex bonus should be the sole feature you look for when selecting a Forex brokerage firm, we appreciate that it matters for some traders. We mention this because there are many new brokers in the industry that have a bad reputation for scamming new clients. And it is done by offering giant bonuses in order to attract more sign-ups. Stringent tradingaccount conditions are then imposed to prevent clients from making a withdrawal. The same thing happens when the broker begins losing its reputation and tries to hold on to its current audience.

Brokers may also provide attractive bonuses as well as resorting to paying reviewers to remove the negative feedback that is prevalent in online forums. Forex trading companies usually provide some exclusive promotions without mentioning all the cons of accepting such types of bonuses. Don’t fall into this trap. Bonuses are great, especially the ones such as the no-deposit bonus or the refer a friend program.

But these offers should not be your sole criteria when forming an opinion of a broker, without taking into account the rest of the trading features and conditions that we have outlined above. Comparing Pros and Cons of Forex Trading Brokers and Their Trading Platforms. Most of today’s Forex broker reviews have specially tailored sections that list the different pros and cons of brokers. Numerous features and trading conditions are compared side-by-side.

These comparison tables offer a brief evaluation of the different trading platforms and brokers under scrutiny, by showing both the strong and weak points. If the pros are more substantial than the cons, you can be sure the broker is reliable in offering high-quality Forex trading products. Always make it a priority to pay close attention to the comparison section of any Forex broker review. It will help you to make a quick evaluation of a broker’s features and give you a fair idea of what you may have to deal with on a day to day basis.

Customer Support – Choose the Best FX Broker for Professional Support. Good customer support service is the last thing we would suggest to our readers, as it can serve as a reliable indicator of the best possible Forex brokers. The customer support team should act as your direct connection to the broker. Such a team should be composed of the best customer support representatives and professional account management specialists. They should be able to effectively communicate with customers during regular market hours, or even during off-market hours such as the weekends and holidays. It’s the responsibility of a broker to reply to your queries when you need additional information about the broker or a certain feature they provide. They are also supposed to respond to you promptly if you have any issues with the financial aspects of their services or their website.

This is because it might require a quick resolution due to the fast-paced nature of the markets. Top rated Forex brokers provide 247 customer support services so you can always rely on their support team, no matter what time of day it is. Although 24X7 customer service is an important aspect of a broker, the language, and medium of communication also matter to a great extent. By language, we refer to the list of official languages used by the broker for customer interaction, and the efficiency of the individual customer support services that are provided. Of course, most brokers offer English as the default language for customer support, but the global appeal of Forex trading means there is a chance that a majority of traders might not be proficient in English. Therefore, a decent broker must take such a factor into consideration and adopt multiple languages into its customer support services channel. Everyone’s needs should be met regardless of their nationality and language.

Your Best Choice for Forex Customer Support. Phone +1-212-941-9609 Email customer@avatrade. com Live Chat Yes No. Last, but not least, there is something else that matters when it comes to maintaining good customer support services from the best Forex brokers – the primary method of communication between a broker and its clients, also known as customer support channels. These are different approaches to customer interaction channels.

They are developed by a company to enable clients to reach someone from the support team and can be chosen according to individual trader preferences. The most common communication methods include phone calls (preferably 100% free), e-mails, and online web contact forms. E-mails and online contact forms may involve a delayed response and tend to take longer when it comes to resolving an issue. Of course, when it comes to an emergency situation, it would be nice for the Forex trading site to offer the convenience of a live chat option for instant questions and answers.

And many do. How to Find Top Rated Forex Brokers Online. It’s difficult to come up with a precise list of the best Forex brokers in the market. There is an extensive collection of companies from all over the world. And it’s close to impossible to satisfy all of a trader’s particular preferences, requirements, or demands. In essence, you have to carefully consider your own priorities.

From there you will be able to devise a list of your preferential trading requirements. Which in turn will help you in your quest to find a reliable Forex broker. However, when you are confident about your primary requirements, you can adopt the following when searching for a reputable trading platform, registering a live Forex account, and trading the markets. Qualified advice from all around. Take some advice from good friends, family, or other helpful people in your social or professional circle. Those who already have some form of experience in the Forex markets, either through trading or other activities are the best to approach.

Seasoned Forex traders should have many years of trading experience in the market. This will have exposed them to some of the top rated Forex brokers offering the best services in the industry. Seeking help from people around you is an optimum choice, as it will help you to get reliable and genuine information about a Forex trading company. As well as some useful tips for to how to proceed with a broker. Dealing with real people and reviews can also help you learn the best features of a broker and how to get the best trading conditions for your investments.

Professional advice from experienced traders can be incredibly helpful for your trading career, so never underestimate their help or assistance. Seeking expert advice does matter a lot to a trading beginner, as there are numerous risks and loopholes in the industry with the potential to create a hostile environment for amateur traders who are new in the field. Expert reviews from experienced and trusted professionals. Read through focused Forex broker reviews that are capable of offering a clear insight into the intrinsic qualities of a Forex broker. Many websites provide different types of reviews according to their overall affiliate or promotional campaigns, but here at TopRatedForexBrokers. com, we provide top-class Forex broker reviews guaranteed to partner you up with leading, reliable, and regulated FX trading companies. We will never recommend a scam broker and are committed in our efforts to discover the numerous top rated Forex brokers in the market.

A Forex broker review not only provides brief information into the details of a specific trading platform, but also provides some vital data into understanding which broker is safe to use and which ones to avoid. Broker reviews are excellent in providing you with preliminary facts you should be aware of before registering for a live trading account. For example, if you are a beginner in the industry and have come to hear of a broker that offers the promise of a highly profitable trading account, your first reaction may be to visit the broker’s official website, register and open a live trading account as soon as possible. However, in your haste to take advantage of such a unique offer, you may fail to realize you’re unable to sign up for the broker’s services. It could be because the broker restricts traders from your country, because of regulatory issues or the lack of deposit methods you can use to make a payment. A thorough Forex broker review will provide you with all such information in advance so you won’t lose any precious time in dealing with any FX brokerage firms that don’t suit your primary trading requirements. Comprehensive research through online and offline sources.

Do your own research to complement the information found through Forex broker reviews and advice from other market participants. Regardless of the numerous online reviews and snippets of advice, the onus falls upon you as a trader to perform your own research. Of course, it will take time, but it will be time well-spent. Well-planned research will require you to evaluate the different aspects of the leading FX brokers you may come across online. And that includes checking out their features, reliability, regulatory protection, and efficiency of trading features through comprehensive broker analysis.

Once you begin to develop a fair idea of a company’s services portfolio, you’ll know what to expect from that particular broker’s inherent characteristic. The job of researching a Forex broker and finding out all the relevant information is not as complex as one might assume. You can visit several online trader forums that have exclusive discussions about the different Forex companies, and you can join in with the discussion. You can also see what the big traders are talking about regarding the overall services rendered by a particular FX broker.

Make a list of the most-discussed brokers and start investigating them one by one. Visit rating pages that contain expert opinions and reviews from existing traders. Because they will have sampled the trading platforms through live trading accounts under real market conditions.

Eventually, you’ll end up with a handful of Forex brokers matching most or all of your trading preferences. Shortlist your preferred FX companies by visiting their official websites and getting in touch with the customer representative teams. Verify the information you’ve gleaned while doing your research and find out about opening a live trading account. Test the different brokers through live or demo trading accounts. You can experience the reliability and efficiency of a broker by registering for an official trading account and investing your own money. Keep your initial investments to a minimum by depositing small amounts into individual broker accounts and by making a few trades with each account to analyze the overall convenience and reliability of their trading environments.

Of course, trading the markets with real money to find the most trusted Forex brokers, may sound too risky and expensive in the long run. If you’d rather not spend your hard-earned money looking for a reliable Forex trading company, don’t worry. Other free alternatives might work for you. The majority of FX brokers you find from your Google search or via other methods, usually offer a great and convenient feature, known as a demo account. A Forex demo account is an excellent, risk-free trading environment that provides you with the chance to make free trades. By doing so you get to test the broker’s services and trading platforms without investing or risking your own funds.

A demo account requires an official registration with a broker. And you may be required to submit several pieces of information such as personal info, email address, physical address, phone numbers, and other personal data. However, FX demo trading accounts don’t usually require a deposit or any other investment.

You can use a demo account to make trades under live market conditions, but you cannot lose or win money due to the simulated nature of such types of trading account. Demo accounts are considered as mere simulations, and only intended for practice. You should certainly use the demo account feature if you are a newcomer to the Forex market. In the beginning the theory behind it all can be very overwhelming and you’ll want to practice what you have learned. The best way to put your ideas and new found knowledge to the test is by trading with zero risk which is afforded by a demo account.

Even though most leading Forex brokers offer a demo account as part of their trading services, you should be aware that a demo account is usually offered only for a limited period of time. Demo accounts have a specific trial period, and brokers may offer up to 2 months demo for a trader to get used to the platform. In some cases, brokers might limit the demo period to 1 week, while other brokers may offer unlimited demo accounts. Therefore, you should consider your options carefully to ensure you are able to learn the dynamics of the markets well before your demo trial period runs out. Once the demo period expires, you’ll be required to open a real trading account and make your first deposit within a specified period of time, in order to remain as an official customer of the broker. If a you fail to make the required deposit, you may no longer be granted access to the website or its trading features.

Have an opinion on the US Dollar? Trade it! Currency Trading is around the clock 245 Trade currencies just like stocks, buysell & trade from charts Start small Trade Now with $50 Mini Account. Around-the-clock forex trading—24 hours a day, five days a week Trade forex, oil and stock indicies commission free Start small Trade now with a $50 Mini account. Forex, Spread Betting and CFDS. Trade OTC GoldSilver Bullion.

with FXCM Bullion. Excellence, Flexibility & Transparency. Part of FXCM Group Generous leverage up to 2001 No re-quotes Choice between FXCM Trading Station and MT4 platform.

Residents of are not eligible to apply for an FXCM live trading account with any FXCM Entity. At FXCM, we strive to give you the best trading experience. We offer access to the global forex trading market, with intuitive platform options, including our award-winning Trading Station.

We also provide forex education, so whether you’re just getting started in the exciting world of forex trading, or you just want to sharpen the trading tools you’ve developed over the years, we’re here to help. Our customer service team, one of the best in the industry, is available 247, wherever you are in the world. Try us out! Sign up for a free FXCM practice account, which lets you test out the platform and experience some of the account benefits we give to our traders.

When you’re ready, you can open an FXCM account with as little as $ 50. Spreads & Commissions Static spreads are time-weighted Standard account averages based on tradable FXCM prices from January 1, 2016 to March 31, 2016. Live spreads apply to Standard accounts, are variable, and are subject to delay. Spread figures are for informational purposes only.

FXCM is not liable for errors, omissions or delays, or for actions relying on this information. Live Spreads Widget Dynamic live spreads are the best available prices from FXCM’s No Dealing Desk execution. When static spreads are displayed, the figures are time-weighted averages derived from tradable prices at FXCM from April 1,2017 to June 30,2017. Spreads shown are available on Standard and Active Trader commission-based accounts. Spreads are variable and are subject to delay.

The spread figures are for informational purposes only. Note that account types and spreads offerings may vary between FXCM entities. FXCM is not liable for errors, omissions or delays, or for actions relying on this information. High Risk Investment Notice Trading forexCFD's on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. Leverage can work against you.

Due to the certain restrictions imposed by the local law and regulation, German resident retail client(s) could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds. Be aware and fully understand all risks associated with the market and trading. Prior to trading any products offered by Forex Capital Markets Limited, inclusive of all EU branches, FXCM Australia Pty.

Limited, any affiliates of aforementioned firms, or other firms within the FXCM group of companies [collectively the “FXCM Group”], carefully consider your financial situation and experience level. If you decide to trade products offered by FXCM Australia Pty. Limited (“FXCM AU”) (AFSL 309763), you must read and understand the Financial Services Guide, Product Disclosure Statement and Terms of Business. The FXCM Group may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. The FXCM Group assumes no liability for errors, inaccuracies or omissions does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on the FXCM Group’s websites prior to taking further action.

The FXCM Group is headquartered at 55 Water Street, 50th Floor, New York, NY 10041 USA. Forex Capital Markets Limited ("FXCM LTD") is authorised and regulated in the UK by the Financial Conduct Authority. Registration number 217689. Registered in England and Wales with Companies House company number 04072877. FXCM Australia Pty. Limited ("FXCM AU") is regulated by the Australian Securities and Investments Commission, AFSL 309763.

FXCM AU ACN 121934432. FXCM Markets Limited ("FXCM Markets") is an operating subsidiary within the FXCM Group. FXCM Markets is not regulated and not subject to the regulatory oversight that govern other FXCM Group entities, which includes but is not limited to, Financial Conduct Authority, and the Australian Securities and Investments Commission. FXCM Global Services, LLC is an operating subsidiary within the FXCM Group. FXCM Global Services, LLC is not regulated and not subject to regulatory oversight.

Past Performance Past Performance is not an indicator of future results. Copyright © 2017 Forex Capital Markets. All rights reserved. Top 10 US Forex Brokers by TradersAsset. The USA has a highly regulated financial services industry. Due to the diverse range of financial product available, there are many different regulatory authorities and licensing commissions tasked with overseeing the financial services industry in America.

The ones most relevant to online Forex trading include the Commodity Futures Trading Commission (CTFC) and the National Futures Association (NFA) . These two regulatory bodies oversee the general running of many US-facing Forex brokers. The important thing to understand here is that, although the US online Forex market appears heavily regulated, this particular regulatory system is more of a system of ethics than a direct legal guideline when it comes to the world of online trading. Online Forex trading is essentially a decentralised industry that operates with no central governing body at this time. Therefore, similarly to many other global territories, it isn’t illegal to trade online if you live in the US. If a broker has the means to accept traders from the US, you may trade with them. It’s that simple. Traders will never be penalised for this action as it’s seen as the broker’s responsibility to ensure that they operate within the legal boundaries of their customers’ residing jurisdictions.

With the above said, brokers that have been approved by the CTFC (US) and the NFA (US) are however seen as “legitimate” and “regulated” brokers that can accept US traders. Forex Broker Reviews. Not even legends in the calibre of a Larry Williams or a Martin Schwartz will have much luck in currency trading if the broker is unwilling to cooperate - it has an overwhelming role in determining what type of experience you will have as a forex trader.

The lack of clear rules and precedents creates great opportunities, but also huge risks for the unprepared. But aren`t there always two sides to a story? To help our visitors avoid the dark side of forex, we have carefully screened the best offers in the online brokerage business, and prepared a selection of some of the most reputable and efficient brokers for your exclusive benefit. If you have any plans to explore the exciting world of currency trading, we are sure that you will find our list an invaluable guide in the crowded and sometimes shady world of the forex brokers. We recommend reading our listed brokers' review pages for user reviews, e. g. Plus500 review page with comment threads and still counting. comments. Regulated by CySEC & FSB Over 400k Registered Accounts More than 250 Trading Instruments MT4, MT5 and Web Trader Platforms Full ECN Trading Model.

CySEC, FCA MetaTrader4 , MetaTrader5, cTrader, FxPro SuperTrader. Minimum Deposit $200 Social Trading Platform. CySEC & ASIC regulated Clients can trade currencies, metals, energy and agricultural commodities, Indices and Options 50% FTD Bonus! (non EU Traders only) CySEC, FSB Markets. com Proprietary Trading Platform. FCA Regulated Multi Asset Trading Platform No Time Frame For Demo Accounts. FCA, ASIC & CySEC FXGiants has a proprietary interface to make its account funding process easier, fast and secure.

FCA City Index is well established and a trusted forex broker. Minimum Deposit $5 Up to 1500 leverage with micro-lots (0.01 size) available for everyone Scalping, hedging, trading on the news, and EAs are permitted at OctaFX. No Minimum Deposit FCA & ASIC Authorized and Regulated Founded in 1996 with HQ in Toronto, CA CySEC, FSA MetaTrader4 platform Proprietary debit card for quick withdrawal applications! CySEC, FCA MetaTrader4 platform $30 + Deposit Bonus up to $5,000.

Minimum Deposit $100 Leverage Up to 5001 Accounts may be individual, joint, or corporate, with options for traditional or ECN type pricing Authorized and Regulated by FCA, ASIC, FSB, CySEC STPECN services ensure no slippage or re-quotes – scalping allowed Forex pairs and CFD trading Tight spreads as low as 1.2 pips Over 130 assets Forex pairs (83), Indices (23) Commodities (18) and Treasuries (7) Minimum Deposit $100 Leverage 4001 Dedicated Account Manager Regulatory compliance is under the auspices of the FCA in the UK, the SFC in Hong Kong, the DFSA in Dubai, and by way of the MiFID for the European Union. Up to $5,000 Welcome Bonus (T&C apply) FSB MetaTrader4 & Sirix platforms. Regulated by CySEC Trading Academy includes extensive support for all levels of traders, from basic training videos to discussions on advanced trading strategies Regulated by CySEC Minimum deposit is $100 367+ asset choices FCA Spot forex, CFDs, spread betting and stock brokering service No Minimum Deposit Founded in 1996 and headquartered in London Daily emails with market commentary and analysis get you started for each trading day Regulated by ASIC & FCA.

Minimum deposit is $250 Asset choices include forex pairs (35) and CFDs (10 indices, 2 metals, 2 oil, and the VIX and USD Index) Order slippage on stop losses is generally minimal Regulated by CySEC “No Dealing Desk Execution, no slippage, no delays” “Trading support and account management for traders of varying experience levels” FCA regulated CopyMaster social trading platform. Regulated by CySEC, BaFin, FCA, ACP and MiFID BONUS $4 cashback per lot traded till the end of the year. ASIC regulated Minimum deposit $100 Withdrawal requests approved within 24 hours. *Broker offers variable spreads which are subject to fluctuating market conditions. Spreads tend to be tight during times of deep liquidity but can also widen significantly during times of low liquidity. Finding the Best Forex Broker - FAQ.

Finding the best forex broker for your needs takes some research. Hundreds of online brokerage firms now compete for your account, so plenty exist to choose from. Check out our recommended top list above, or read our FAQ below with excellent points to consider before choosing your broker, or see this extensive five step guide on how to choose a forex broker. Finding the best forex broker that has a fast execution capability, a reliable trading platform and which can be trusted with your account deposit might be the first things you will want to assure yourself of. Other sweeteners can include account opening bonuses and other features like mobile trading and SMS market alerts. Basically, you want a forex broker you can trust to handle your money and your trades so that you can get on with the business of trading forex without worries. Anyway, to make the process of finding a broker simpler, the list above covers most of the key comparison points between forex brokers so that you can be better prepared for a successful search.

In the end of this page you will find many more brokers that did not make the top list, you can still read our reviews of them and give your comments on them or share your experience from them. But first we will go through some of the criteria and features you should look for when searching for the best forex broker for you. Most reputable online forex brokers take the step of submitting to regulation by one of the main financial regulatory agencies operating in their home country. Sometimes, they will even be regulated by more than one agency. Such regulation provides you with the security of knowing the broker's operations are being overseen by an independent authority with the goal of keeping the business honest. Is there a benefit to where a broker is located? Location can make a big difference, especially if the regulatory regime in the country is top of the line.

The most advantageous location has to be reserved for UK brokers, since London is the center of the foreign exchange business. Forex Trading in the UK. Early in the last century, nearly 50% of the world's foreign exchange was conducted using the Pound Sterling. Today, daily forex trading turnover in the London market represents 41% of the world, more than double that of the United States at 19%. If you choose a reputable UK broker, then you can be assured that the firm can draw upon a broad pool of experienced and professional staff in the UK. From a regulatory perspective, UK forex brokers must also comply with one of the strictest regulatory bodies around, the Financial Conduct Authority (FCA). Once again, the pool of UK staff will be very aware of best business practices and related compliance issues, another reason to choose a UK broker, if at all possible.

One must, however, be due diligent when choosing a broker that claims to have offices in London, since the marketing aspect of this location has caused many overseas brokers to set up a "shell" presence in the UK to gain your trust, but without the benefits listed above. If you prefer a UK broker, then make sure that they are headquartered in London and have a significant presence there. When you either enter or store vital personal information online, it can be subject to falling into unfriendly hands that may use it for their own personal gain.

Accordingly, a top priority when choosing a broker is that they encrypt all data entered into online forms using industry standard SSL-encryption or better. Another key issue involves the safe storage of data so that it will not be lost in case of disaster. Many online forex brokers use duplicate data farms with high security to assure the safety of your account information. Many day trading strategies become unsuccessful over the long term if your account does not have access to competitive dealing spreads.

The spread is simply the difference between the bid price and the offer price for a particular currency pair and should be no greater than five pips in the majors and major crosses, with wider spreads often seen in the minor crosses and exotic currencies. Commissions and Fees. Sometimes brokers are not content just to have you dealing on their spreads. In this case, they might charge a commission or fee for each transaction.

Sometimes these are calculated on a per transaction basis or on a volume dealt basis. Additional fees might be involves in making withdrawals or deposits, so be sure to check that information to minimize your transaction costs. Most forex brokers handle the basic market, stop and limit order types. Nevertheless, some brokers also offer support for OCO (one-cancels-the-other) and trailing stops.

If either of these more specialized order types would be suitable for your trading plan, then be sure that your chosen broker supports them and make sure that you fully understand the limitiation of these different order types. Since more currency pairs often means more opportunities to profit, you will want to make sure that your forex brokers offers all of the pairs you might be interested in trading. Some traders also like to have access to precious metals like Gold and Silver, in addition to oil, especially if they will be trading the commodity currencies like AUD and CAD whose exchange rates can depend on commodity price fluctuations.

Unless you are just interested in opening up a demo or practice account with the forex broker, they will usually require a minimum deposit to be made for you to get started trading forex. Often, the more money you place on deposit, the more features you have access to or the tighter your dealing spreads become. Make sure that you research the broker thoroughly before sending a deposit. Account types vary considerably between brokers, but most offer demo accounts for practice trading, mini accounts for newer traders with a low minimum initial deposit, standard accounts for more experienced traders with a moderate deposit, and finally VIP accounts for larger initial deposits. Also, the features offered with each account type vary quite a bit among the various forex brokers, so be sure to see which reputable broker will offer you the best deal for the initial deposit you have available to you.

Leverage refers to how much of a position you can control with a certain amount of funds allocated to it. Forex brokers currently offer leverage rates of as high as 500 to 1. What this means is that you can control a $50,000 trading position with just $100 allocated from your portfolio. Note that in the U. S. the maximum leverage is 501 for majors and 201 for minors. Naturally, amplifying your risk by using leverage can result in larger gains, as well as larger losses, so be sure to use leverage wisely and avoid trading beyond your means. Even though forex transactions are exchanges and not purchases of an asset like a stock or commodity, when the exchange rate moves, it creates credit risk for the counterparty showing a gain on the transaction. As a result, most forex brokers require that their clients place a certain amount of funds on deposit to cover such potential losses. This is known as the broker's margin requirement.

Since margin requirements vary among brokers, you will want to make sure that the broker you choose has guidelines you can live with. Also, some brokers automatically close out trading positions when the amount of margin in your account is exceeded by trading losses, or according to other criteria, so be sure to understand such the implications of such policies for your trading business. Most of the better forex brokers offer their own proprietary trading platforms for you to use to execute forex transactions with and to keep track of the market. These usually either take the form of web-based platforms that use access via your Internet browser or client-side platforms that you download to, install and run on your personal computer. In addition, some brokers support independent trading platforms like the popular MetaTrader 4 platform that can be obtained free of charge and which many commercial forex trading robots are designed for. Some forex traders require the convenience of trading and keeping in touch with the forex market via their mobile phone or other mobile device.

Many brokers provide such services, so if this is important to you, check out what each broker offers in this regard and whether their software will work with your device. Forex traders increasingly wish to automate their trading plans or algorithms to free up their time for other endeavors. They often do this by using a programming language to write down their decision process in an algorithmic format that can then automatically be executed by forex trading platforms that support this capability. If you think you might want to automate your trading plan, check to see with brokers you are considering to see if they support this type of trading and how they do so. Many brokers offers SMS or other types of market alerts to their customers.

If you think this might be important to your trading business, look for this feature. Those new to forex trading will want to have better access to both dealing support and technical support. See what services each broker under consideration provides and whether it will suffice for your purposes. Information Resources. Newer traders often require educational materials about the forex market and trading in general to get started trading forex on the right foot. If this is important to you, research what the brokers you are considering have to offer in this regard.

Also, many brokers provide sophisticated news feeds, like Reuters for example, as well as proprietary market commentary and other timely information. Some traders like to speak to a personal dealer or advisor at the broker in order to obtain inside market information and advice. Others like to be able to make transactions over the telephone in a pinch. If either of these options makes sense for you, inquire with your potential brokers whether dealing desk access will be available to someone with your anticipated initial deposit. Read our reviews of more forex brokers that did not make our top list above