Брокер Forex 10$

If you&#x;re interested in trading with a well-established, high-quality broker, then you should consider Exness. Founded in , Exness is authorized and regulated by the UK FCA, CySEC, FSCA, FSC BVI, FSA Seychelles, FSC Mauritius, and CMA Kenya. You can trade more than financial instruments from the MT4, MT5, and feature-rich proprietary Exness Web Terminal.

Key Features:

• Regulators: the UK FCA ( leverage), CySEC ( leverage), the FSCA South Africa ( leverage), the FSC BVI ( leverage), the FSA Seychelles ( leverage), the FSC Mauritius ( leverage) and the CMA Kenya ( leverage).
• Average spread for EUR/USD during our live test was pips with zero commission.
• Trading platforms: MT4, MT5, and Exness Terminal.
• + tradable instruments across forex, indices, cryptos, commodities, and stocks.
• Minimum deposit: USD
• Excellent in-platform research and education academy and trading signals from Trading Central.

During our live fee test, I found the spread for EUR/USD during the London and New York trading session averaged pips. This is better than the industry average of pips for a commission-free trading account.

While Exness does not provide services to retail clients in the UK or Europe, I found that international traders can open an account with Exness&#x;s international entities, which provide access to higher leverage &#x; in some cases up to This means you can open a position that is 2, times bigger than the capital you put up.

In my experience, this can lead to bigger profits, as well as bigger losses. Fortunately, I found there are some excellent tools in the proprietary Exness Terminal platform to help with risk management, such as the in-built sentiment indicator, which shows the percentage of traders who are long and short in a market.

I was impressed with the content in the Exness Academy as there are a variety of short video lessons and articles covering the basics of margin and leverage trading and technical analysis, which will be useful for beginner traders. You can also access trading signals from the Exness Terminal, provided by Trading Central.

With access to high leverage, multiple trading platforms, and a range of high-quality research tools, Exness is the best overall forex broker to consider this year.

Bank WireCredit/Debit CardFasaPayNetellerSkrillSofort+2 More

MT4MT5WebTrader

MM

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MMNDD

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AstroPayBank WireBitcoinBPAYBroker to BrokerChina Union Pay+16 More

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Proprietary

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Forex trading platforms education comparison

Taken from our forex broker comparison tool, here's a comparison of the education features for the best forex brokers for beginners.

How do I start trading forex?

Here are the 8 steps to start trading forex with a trusted broker:

• Study free educational material (check out my guide to the best free forex trading courses).
• Open a free demo account and practice.
• Learn how to use the trading software.
• Develop a trading strategy.
• Open a live account with a trustworthy, well-regulated forex broker.
• Deposit a small amount of risk capital.
• Focus on managing percentage returns.
• Only scale once you’ve established a consistent track record.

Tips for beginners:

• Before depositing real money, open a free demo account that lets you get a feel for how the broker’s trading platform works.
• After you’ve learned how to use the software and have practiced trading with the demo (virtual) account, move on to a live forex trading account with a trusted forex broker.
• Always begin with an amount of capital that you can afford to lose before deciding to invest more serious amounts.

Can I teach myself forex trading?

Yes, and while studying the fundamentals of forex trading won’t guarantee success in the forex markets, it's an important first step for beginner forex traders.

Check out this quick video where I break down some of the forex market fundamentals and some important facts about forex trading:

The best forex brokers also offer a wide range of free educational materials in a variety of formats. We’ve compiled some free beginner’s resources as well as some expert tips for beginners to aid you in your forex educational journey. You can also check out my guide to the best free forex trading courses.

Free forex trading educational courses and resources:

Expert tips for beginner forex traders:

Free versus paid educational content: Many forex education companies charge for their services, but our research has found that some of the best educational content is available directly from the online forex brokers themselves – though not all brokers offer comprehensive educational options.

Content from brokers versus third parties: Working with a trusted and regulated online broker gives you the added benefit of being able to reach out to their customer support team to speak with a trading specialist. Speaking with someone on the trading desk can help beginners find answers to general forex trading questions – but keep in mind that brokers cannot give you advice or recommendations on what to buy or sell.

Ease of use: Trading software can vary in quality from broker to broker, and some platforms can be far more complex to learn than others – especially if you have limited forex trading experience. Plus's simple platform design makes it a good one for learning the fundamentals. Some brokers, like IG, offer learning courses that feature progress tracking and quizzes designed to test your knowledge as you move through the material.

How to develop a forex trading strategy in ten steps

Here are some questions every trader should ask themselves when creating an investment strategy or forex trading methodology:

1. Set goals: What are the specific goals I want to reach with my trading strategy?
2. Manage time: How much time do I have each day to dedicate to trading?
3. Capital commitment: What is my ideal trading budget for accomplishing my goals, and what is the most I am willing to risk overall?
4. Trade frequency: What’s the number of trades I should aim for each week?
5. Factor risk/reward: What is the maximum risk/reward target for each trade that will still align with my goals, and what is my overall percentage risk tolerance?
6. Analyze price action and research: How will I identify trading opportunities?
7. Opening a position: How will I decide when to enter a trade?
8. Closing a position: How will I decide when to exit a trade early, or to modify my stop-loss/limit levels if my expectation of market conditions changes before my targets are reached?
9. Calculate your odds: What winning percentage do I need in order to be profitable (after accounting for my trading costs)?
10. Use your trading statistics: How long should I stick to my trading plan and establish a track record of results, before modifying my strategy or deciding to invest more money?

How much money do you need to trade forex?

The amount of money you will need to trade forex depends on several factors, including your expected trade sizes, risk threshold per trade, the available margin requirements from the broker (i.e., leverage), and any minimum deposit requirement to open your account.

Let’s look at an example:

Say that you plan to trade one mini lot (10, units) of the euro currency, and your forex broker offers a maximum of leverage. Your trading funds will need to cover at least 5% of the trade value just for the margin, and another €1 for every pip you plan on risking when the market moves against your position. Note: In this case, 1 pip is euros worth of currency.

That mini lot of 10, EUR/USD would require at least euros in margin (based on the leverage). If you wanted to risk no more than pips per trade you’d need another euros, bringing the required starting balance up to euros.

Let’s look at a couple of other examples of how this could break down in your forex trading account:

Trading a standard lot: Calculating for the above trading scenario, but for a standard lot (, units of currency), you’d just add an extra zero to each variable. The margin requirement would be 5, euros and the pip value would be 10 euros per pip. Risking pips would require 2, euros in risk capital, bringing the total to 7, euros.

Trading a micro lot: Likewise, calculating the same scenario for a micro contract or (1, units of currency per lot), we can just remove one zero from each variable. The pip value becomes 10 cents, the margin requirement would be 50 euros, and the risk capital (for pips) would require 20 euros.

Forex brokers with great educational content for beginners

1. IG

IG is my pick for the best forex broker for beginners in , largely due to its comprehensive, thoughtfully curated offering of educational content. I’m consistently impressed with the quality and quantity of IG’s seemingly endless collection of educational resources. Beginner forex traders at IG will find educational videos, articles, quizzes, and courses. IG has even developed a mobile app expressly dedicated to financial markets education. Check out my review of IG to learn more.

Check out a gallery of screenshots from IG's educational offering, taken by our research team during our product testing.

2. Saxo Bank

Traders at Saxo Bank gain access to high-quality information about financial markets with unique insights from Saxo Bank’s analysts and educators. Saxo Bank offers 20 high-quality video courses and dozens of articles dedicated to financial markets education. Additionally, Saxo’s market research content is so comprehensive and informative that I consider it a highly valuable educational resource. Whether I’m listening to the Market Call podcast to learn about stagflation, perusing the broker’s FAQs, or checking out Saxo’s high-quality research, I almost always learn something new about how markets function at Saxo Bank. Read my review of Saxo Bank to learn more.

Browse a gallery of screenshots from Saxo Bank's educational offering, taken by our research team during our product testing.

3. Interactive Brokers

Interactive Brokers has significantly expanded its scope of educational content for beginners in recent years. The IBKRCampus offers university-grade content alongside a wide variety of resources and learning materials for beginner forex traders. The broker’s Traders’ Academy portal delivers helpful content that covers basic topics and includes advanced learning courses, complete with interactive quizzes and progress tracking as you go through each lesson. The IBKR Student Trading Lab (STL) offers a companion tool for college finance courses – a great resource if you are a beginner studying finance. Simply put, it’s hard to stay on top of all of the excellent educational content available at Interactive Brokers, making it one of the best forex brokers for beginners in Learn more by reading my review of Interactive Brokers.

Take a look at a some screenshots from Interactive Broker's educational offering, taken by our research team during our product testing.

Which forex broker has the lowest minimum deposit?

There are several forex brokers, such as CMC Markets, that advertise a $ minimum deposit. This just means that you can open a live account and deposit whatever amount you’d like to start trading – there’s no minimum funding requirement.

The following five brokers have zero-dollar minimum deposit requirements for opening a live forex trading account:

Note: When deciding how much money to start with, be sure to keep extra costs in mind such as wire transfer fees and other transfer-related costs that may depend on your chosen payment method. It’s also important to consider the collateral (margin) you plan to use for your expected trade sizes.

Even if your forex broker does not have a minimum deposit requirement, you’ll still need a method for funding your account to place live forex trades. PayPal has become a popular way for forex traders to fund their trading accounts, due to PayPal’s extensive international presence and wide range of supported currencies. Check out our guide to the best PayPal forex brokers to learn more about using PayPal to fund your account, and to see our list of the best forex brokers that accept PayPal.

How do I choose a forex broker?

Your first step when choosing a forex broker is ensuring that holds regulatory licenses from reputable jurisdictions. Choosing a regulated broker that is permitted to offer services in your country helps you avoid potential forex scams. Also, by selecting a trusted forex broker that is well-capitalized, you reduce the risk of the broker going bankrupt and losing your deposit.

To select a forex broker, start by looking for brokers that are regulated in your country and any available consumer compensation funds provided as protection against bankruptcy. Next, read full-length forex reviews. Finally, compare your top two choices side by side to decide on a winner.

What are the most popular currency pairs?

The most heavily traded currency pairs by volume all include the U.S. dollar (USD), followed by the euro (EUR), Japanese yen (JPY), Great British Pound (GBP), Australian dollar (AUD), Canadian dollar (CAD), and Swiss Franc (CHF). This is according to the latest Triennial Survey by the Bank for International Settlements (BIS), which found that approximately 88% of all forex trades include the U.S. dollar. Check out Currency Pairs on Wikipedia for some more high-level information.

Note: The resulting pairs from these popular currencies are known as the "major pairs" and include the EUR/USD, USD/JPY, GBP/USD, AUD/USD, CAD/USD, CHF/USD, and followed by the Chinese renminbi (CNY), which is the eighth most traded currency, but seventh most traded currency pair when combined with the U.S. dollar (CNY/USD).

Here is an excerpt from the Triennial Survey from BIS:

What is the best forex broker for beginners?

If you're a beginner looking for a thorough selection of educational materials, then IG is the best choice among forex brokers. We've also written an extensive guide for the best forex brokers in the U.S. for beginners, in addition to the brokers that support international traders.

Also noteworthy is Plus for its trading platform, which is great for beginners thanks to a simple layout that is easy to learn.

Can I get rich by trading forex?

While possible, getting rich by trading forex is rare. Practice and skill are required to make money trading forex. Successful traders strive to make trades that, on average, return larger profits (winners) than losses (losers) over time. Historically speaking, several hedge fund managers have been able to get rich trading forex.

For example, George Soros made over £1 billion in profit by short selling the British pound in , in what can be described (if one is prone to understatement) as a large bet. Read more about what's known as Black Wednesday on Wikipedia.

Tips for getting started with forex trading

Forex trading is complex and may not be suitable for everyone. Whether forex trading is right for you will depend on your individual financial situation, trading goals, and level of experience as a trader and investor. Beginners who are just getting started as forex traders should exercise caution; the majority of forex traders lose money.

That said, forex trading continues to grow in popularity. If you want to jump into the largest financial market in the world, here are my top 5 tips for getting started as a forex trader:

1. Open a forex trading account with a trustworthy forex broker. Read through your forex broker’s applicable terms and conditions (it’s always a good idea to read all the fine print) and complete the live account application process.

2. Fund your new brokerage account. You’ll need to choose a reliable deposit method (supported by your broker) for sending and receiving funds. Always make sure you are starting with an amount you can afford to risk.

3. Try out a free demo account. Starting with a demo account (also known as virtual trading or paper trading) lets you try out your broker’s platform and get comfortable with the broker’s offering – without risking any real money.

4. Create a trading plan. Even the best forex traders can lose money. The key to long-term success as a forex trader is to create a trading plan that helps you establish a consistent trading record, and keep your average losses low (relative to your average profits). Keep track of your trading plan (along with new forex lingo and trader jargon) in a dedicated trading journal. I suggest checking out eunic-brussels.eu's guide to the best online trading journals for some great resources.

5. Enter the forex market and place your first trade. Choose your desired trade size, and open a long position by clicking buy on a given currency, or open a short position by clicking sell. You are now a forex trader! Again, you should only risk funds that you can afford to risk.

Is forex trading profitable?

The majority of traders lose money. Therefore, to beat the odds and make money trading forex, you must have a trading strategy that focuses not only on identifying trading opportunities (i.e., signals when to buy or sell) but also calculates the optimum trade size relative to your balance. In addition, your target risk and profit levels should be determined in advance using a stop-loss order and limit.

This way, you have a plan on when to exit a trade – whether at a loss or profit. To be successful in trading, you just need to keep your average losses smaller than your average profit (though of course, that’s easier said than done).

Gambling versus investing: One of the reasons that so many traders lose money is that they take risks that are larger than their budget allows. Many traders treat investments as they would gambling, where their risk is uncontrolled or unbalanced.

If you want to increase your chances of trading forex profitably, treat it as an investment by focusing on limiting your risk relative to the target profit on each trade. In addition, look for trading opportunities that have a higher probability of reaching their profit potential – though these may be harder to find, it’s sometimes better to wait for the right opportunity, rather than jumping into the market just because it is there.

The Best Forex Trading Platforms for Beginners

eunic-brussels.eu Overall Rankings

Now that you've seen our picks for the best forex brokers for beginners, check out the eunic-brussels.eu Overall Rankings. We've evaluated over 60 forex brokers, using a testing methodology that's based on + data-driven variables and thousands of data points. Check out our full-length, in-depth forex broker reviews.

Huzefa Hamid

With many hundreds of Forex / CFD brokers to choose from globally, finding the right broker for you can seem an impossible challenge. That’s why we at DailyForex keep our team of industry analysts at work, to make choosing the best broker easier for you.

• FXTM, Best all-around broker with high floating leverage and fast execution.
• FP Markets, ECN trading with leverage up to
• Eightcap, Competitive pricing + excellent daily videos.
• AvaTrade, Highly regulated, choice of fixed or floating spreads.
• BlackBull Markets, Best ECN trading environment, with scalping and hedging.
• MultiBank Group, Deep liquidity with no trading restrictions.
• Pepperstone, Great ECN execution on MT4 platform.
• FXGT, Great mix of Forex and crypto assets.
• eToro, Best broker for social traders and crypto traders : 74% of retail CFD accounts lose money.
• ACY Securities, Swap-free trading with the MT5 trading platform.

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CMA, CySEC, FCA, FSC Mauritius, FSCA	ASIC, CySEC, FSCA	ASIC, CySEC, FCA, SCB	ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFID	FMA, FSA
ECN/STP, Market Maker	ECN/STP	ECN/STP, Market Maker	Market Maker	ECN/STP, No Dealing Desk
$	$	$	$	$0
pips	pips	pips	pips	pips
pips	pips	pips	pips	pips
$	$	$	$	$
MetaTrader 4, MetaTrader 5, Proprietary platform	MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, Web-based	MetaTrader 4, MetaTrader 5, Trading View	Other, MetaTrader 4, MetaTrader 5, Web-based+	MetaTrader 4, MetaTrader 5, Trading View
Visit Website	Visit Website	Visit Website	Visit Website	Visit Website

Making a deposit at a Forex / CFD broker is something you should take seriously.

Your first step in seeking the best Forex brokers is to restrict your shortlist to include only the brokers you feel comfortable trusting as a custodian of your money. Ideally, you should only be looking at regulated Forex brokers, and it is advisable to consider the stronger financial centers such as brokers regulated in the U.S.A.., brokers regulated in Cyprus or brokers regulated in the U.K . Consider also whether you would be in a stronger position choosing a Forex broker regulated in the same country in which you live.

Your second priority should be determining whether a broker gives value for money to its customers in return for the services it provides.

Below is a list of the factors worth using to assess any Forex broker.

1. Broker Regulation & Reputation - A quick google search can determine if a broker has ever been fined by their regulator for a breach of rules, and which rules were breached. Are they a public company? Does their financial position look healthy? Have they been in business a long time? 
2. Minimum Deposit – Most brokers require minimum deposits to open a real money account, usually at affordable amounts. Some brokers ask for higher minimum deposits for their accounts with the best trading conditions. Typically, the more you can deposit up to $10,, the better the trading conditions (including fees) you will be able to access.
3. Fees - The most important fees charged by brokers are spreads and commissions applied to every trade you make, but there are other, more hidden fees as well, such as swaps (overnight financing) inactivity fees, and withdrawal fees.
4. Trading Conditions - A good Forex broker should offer consistently good liquidity and smooth execution without requotes or slippage, which are the mainstays of smooth trading conditions.
5. Choice of Markets - Will you be able to trade everything you want? If you are only interested in the major Forex currency pairs, that will be easy, but if you really want to trade individual stocks and shares, or the less common commodity offerings, you will find that not all brokers offer them, although most offer some of them wrapped as CFDs.
6. Does the Broker Suit My Trading Style? - Some brokers offer better conditions for longer-term traders than short-term traders, or vice versa. This is because short-term traders will pay nearly all their trading costs in spreads, while longer-term traders will likely pay more in overnight financing fees (also known as swaps). 
7. Suitable Account Types – Traders with smaller deposits may want a micro account, where position sizes as low as lots (1 micro-lot) can be traded.
8. Ease of Deposits and Withdrawals - A broker that will not speedily send you funds which you have requested and are in your account, raises a big red flag, and is to be avoided at all costs. 
9. Execution Method - Forex brokers typically advertise themselves as one of the following:ECN brokers, STP brokers, or market-makers. Some brokers claim they are a hybrid of two of these. Some traders are very keen to deposit with ECN brokers because they think the cost of trading will be less or that this model makes the broker more honest somehow. The truth is more complicated: each execution method has both potential advantages and disadvantages.
10. Choice of Trading Platforms - The best Forex trading platforms are widely held to be MetaTrader 4 and cTrader, although many brokers have their own unique proprietary platforms that are arguably as good. MetaTrader 5 is usually seen as acceptable and eay to use too.
11. Demo Account – Almost all brokers offer one, and any broker which does not should be questioned.
12. Maximum Leverage – If you want higher leverage than on Forex currency pairs, you will need to find a broker regulated somewhere that allows a higher maximum leverage.
13. Order execution types - There are two especially worth checking which can be especially useful for some trading styles: trailing stop, and OCO (“one order cancels the other”).

Forex trading offers an opportunity to earn some additional income. If you are planning to try it out, you should learn the basics of currency trading. Though there is much more to learn than you as a beginner might expect, the fact is that it is learnable. Once you have decided to try out forex trading, the first step is choosing a forex broker. You need to look at various aspects order such as trading platform, account options, minimum deposit, spreads and commissions, deposit and withdrawal options and customer service, among others, when choosing a forex broker. In order to make things easier for you, we have evaluated a number of forex brokers and have listed below the top 10 forex brokers. You can research each one of them on your own and choose one that fits your needs the best.

Top 10 Forex Brokers List

Broker	Info	Bonus	Open Account
	Min Deposit: $5 Spread: From Pips Leverage: Regulation: FSA (Saint Vincent and the Grenadines)	50% Deposit Bonus, Copy trading, Trade&Win.	Visit Broker
	Min Deposit: $1 Spread: From 0 Pips Leverage: Regulation: FCA UK, CySEC, FSP, BaFin, CRFIN	35% of the account Deposit	Visit Broker
	Min Deposit: $1 Spread: From 0 Pips Leverage: Regulation: CySEC, ASIC, IFSC	$ No-Deposit Bonus, % Deposit Bonus	Visit Broker
	Min Deposit: $5 Spread: From 0 Pips Leverage: “*This leverage does not apply to all the entities of XM group.” Regulation: ASIC, CySEC, IFSC Belize	“50% +20% deposit bonus up to $5,, Loyalty Program Bonus “*Clients registered under the EU regulated entity of the Group are not eligible for the bonus and the Loyalty Program”	Visit Broker
	Min Deposit: $ Spread: Starting 0 Pips Leverage: Regulation: ASIC, CySEC, FSCA, FSA, FSC		Visit Broker
	Min Deposit: $ Spread: floating, from 0 pips Leverage: Regulation: FCA UK reference number		Visit Broker
	Min Deposit: $5 Spread: Starting pips Leverage: up to Regulation: MFSA, Labuan FSA, BVI FSC, VFSC		Visit Broker
	Min Deposit: $ Spread: Starting 0 Pips Leverage: Regulation: ASIC Australia, FCA UK		Visit Broker
	Min Deposit: $ Spread: Starting 0 Pips Leverage: up to Regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA		Visit Broker
	Min Deposit: no minimum deposit Spread: pips Leverage: Regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC		Visit Broker

#1: eunic-brussels.eu

eunic-brussels.eu, a trade name of Trading Point Holdings Ltd, is owned as well as operated by Trading Point of Financial Instruments Ltd, which is regulated by CySEC. It is also European Union-registered forex broker. XM has its headquarters in Limassol, Cyprus.

Broker Type &#; DMA/STP, MM
Minimum Deposit &#; $5
Deposit Options: Bank Wire, Neteller, Skrill, WebMoney, Credit Card, WesternUnion, MoneyGram, SOFORT, UnionPay (China), etc.
Maximum Leverage &#;
Minimum Lot Size &#;
Spreads &#; Variable
Lowest Spreads for EUR/USD &#; more than 1

Click Here to Open Real Account XM

#2: FBS

FBS, an international forex broker, has presence in over countries. The online forex company boasts of 2,, traders (clients) and , partners. For Muslim traders, the broker provides swap-free or Islamic accounts. FBS was founded in and they do not offer financial services to people in the USA, Belize and Japan.

Broker Type &#; ECN/STP, DMA/STP, MM
Minimum Deposit &#; $5
Deposit Options: Visa/Master Card, Neteller, Skrill (% commmission), Webmoney, Perfectmoney, OKPAY, FBS Exchanger, Wire Transfer, YuuPay (3% commission), etc.
Maximum Leverage &#;
Minimum Lot Size &#;
Spreads &#; Fixed and variable
Lowest Spreads for EUR/USD &#; 2 pips for Mini accounts and 1 – 2 for Standard accounts

Click Here to Open Real Account FBS

#3: Pepperstone

Pepperstone, an execution-only forex as well as CFD broker, provides trading solutions that cater to both veteran and novice traders. Founded in , the company has its headquarters located in Melbourne, Australia. The company has offices in Shanghai, China and Dallas, USA.

Broker Type &#; Electronic Communication Network/Straight Through Processing and Direct Market Access/Straight Through Processing
Regulation &#; Australian Securities and Investments Commission (ASIC)
Platforms &#; MetaTrader4, cTrader
Minimum Deposit &#; $
Deposit Options &#; Bank Wire, Debit Card, Credit Card, WebMoney, Neteller, FasaPay, Skrill, BPAY, POLi, QIWI, PayPal, UnionPay(China), etc.
Maximum Leverage &#;
Minimum Lot Size &#;
Spreads &#; Variable
Lowest Spreads for EUR/USD &#; more than pips for Mini and Standard; more than pips for ECN

Click Here to Open Account Pepperstone

#4: Tickmill

Tickmill, owned by Tickmill Limited and operated by Tmill UK Limited and Tickmill Ltd., which is a company registered in England and Wales. Tickmill has principal and registered offices in London and Seychelles. Tickmill is under the regulatory control of both Financial operates Conduct Authority in the UK and Financial Services Authority of Seychelles.

Broker Type &#; STP/ECN/NDD/DMA
Regulation &#; FCA, UK and FSA, Seychelles
Platforms &#; Web Platform, MetaTrader 4, Mobile Platform
Minimum Deposit &#; $25
Deposit Options &#; Wire Transfer, Credit/Debit Card, WebMoney, UnionPay, Skrill, Neteller, FasaPay
Maximum Leverage &#;
Minimum Lot Size &#;
Spreads &#; Variable
Lowest Spreads for EUR/USD &#; Starts from

Click Here to Open Account Tickmill

#5: FxOpen UK

In , FXOpen launched its online trading platform. FXOpen UK, based in London, is regulated by the Financial Conduct Authority in the UK.

Broker Type &#; ECN/STP
Regulation &#; FCA, UK
Platforms &#; Three versions of MT4
Minimum Deposit &#; $
Deposit Options &#; Bank Wire Transfer, Credit/Debit Cards, WebMoney, Neteller, Skrill, Payza
Maximum Leverage &#;
Minimum Lot Size &#;
Spreads &#; Variable
Lowest Spreads for EUR/USD &#; Starts from 0 pips

Click Here to Open Account with FXOpen UK

#6: Plus

Plus forex trading platform is provided by PlusCY Ltd., which is a company based in Cyprus and with headquarters in Limassol. This broker is authorized as well as regulated by the Cyprus Securities and Exchange Commission.

Broker Type &#; Market Maker
Regulation &#; Cyprus Securities and Exchange Commission (CySEC), Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC)
Platforms &#; Windows Trader, WebTrader
Minimum Deposit &#; $
Deposit Options &#; Bank Wire, PayPal, Credit Card, Skrill, etc.
Maximum Leverage &#;
Minimum Lot Size &#;
Spreads &#; Fixed
Lowest Spreads for EUR/USD &#; 2

Click Here to Open Account with Plus Broker

#7: ETX Capital

ETX Capital, a financial services company based in the UK, provides institutional, high net worth and retail customers with online platforms for trading forex and derivatives. ETX Capital is the trading name of Monecor (London) Limited.

Broker Type &#; Forex and CFD Broker
Regulation &#; FFCA, UK
Platforms &#; MT4, Marketspulse
Minimum Deposit &#; $
Deposit Options &#; China UnionPay, Giropay, Neteller, Credit Card, Sofort, Wire Transfer, Skrill
Maximum Leverage &#;
Minimum Lot Size &#;
Spreads &#; Fixed
Lowest Spreads for EUR/USD &#;

Click Here to Open Account ETX Capital

#8: OCTAFX

Octa Markets was incorporated and the forex brokerage serves clients in more than countries around the world. The company is registered in Saint Vincent and the Grenadines. The company operates under the regulatory purview of IFSA.

Broker Type &#; DMA/STP
Minimum Deposit &#; $5
Deposit Options: Bank Wire, Debit Card, Credit Card, Skrill, Neteller, UnionPay (China), FasaPay, etc.
Maximum Leverage &#;
Minimum Lot Size &#;
Spreads &#; Variable
Lowest Spreads for EUR/USD &#; more than

Click Here To Open Account OCTAFX

#9: AvaTrade

AvaTrade, a pioneer in the field of online forex trading from onwards, was created for the purpose of providing great online trading experience to retail traders. Within a short time, AvaTrade had more than 20, registered customers executing over 2,, trades in a month around the globe. The total value of trades surpasses $60 billion in a month.

Broker Type &#; Market Maker
Regulation &#; Australian Securities and Investments Commission (ASIC); Central Bank of Ireland; Financial Futures Association, Japan; Financial Services Board (FSB), South Africa and Israel Securities Authority (ISA)
Platforms &#; MetaTrader 4, AvaTrader
Minimum Deposit &#; $
Deposit Options &#; Bank Wire, PayPal, WebMoney, Skrill, Credit Card, Neteller, Prepaid Master Card, etc.
Maximum Leverage &#;
Minimum Lot Size &#;
Spreads &#; Fixed
Lowest Spreads for EUR/USD &#; 3

Click Here to Open Account AVATrade

# eToro

eToro, an online forex broker, offers trading in currencies, indices, commodities and CFD stocks. More than million users from over countries around the world make use of the online forex broker&#;s website. Founded in in Tel Aviv, the multi-asset brokerage company has registered offices in Israel, the United Kingdom and Cyprus. One of the key features of eToro is the social investment platform with Copy-Trading feature that it offers.

Broker Type &#; Market Maker
Regulation &#; Cyprus Securities and Exchange Commission (CySEC), Markets in Financial Instruments Directive (MiFID), Commodity Futures Trading Commission (CFTC), Financial Conduit Authority (FCA), National Futures Association (NFA), Australian Securities and Investments Commission (ASIC)
Platforms &#; eToro OpenBook, eToro WebTrader, eToro Mobile Trader
Minimum Deposit &#; $50
Deposit Options &#; Bank Wire Transfer, Credit/Debit Card, Skrill, Moneygram, PayPal, Neteller, Webmoney, Western Union
Maximum Leverage &#;
Minimum Lot Size &#;
Spreads &#; Fixed
Lowest Spreads for EUR/USD &#; 3

Click Here to Open Account ETORO

Review Overview

What's this "top forex brokers" section about?

This section of the site contains the 10 top-rated forex brokers that have shown themselves to be the most credible, user-friendly, flexible, and multi-functional. The last years has shown itself to be a radically evolving year, with some surprise occurrences in the macroeconomic climate that have shaped the price behavior of certain assets. These changes require traders to get the best from their brokers regarding adaptations that will enhance the trading experience.

What do traders want from their forex brokers?

1. Reliability

Trust remains everything as far as the forex and CFD markets are concerned. In light of some high-profile top rated brokerage collapses in , the issue of reliability and trustworthiness among brokers has become a topical issue. These days, traders want top-rated forex brokers to go a lot further in providing assurances of how their money is domiciled and, if possible, segregated. Traders are starting to ask: if I put my money in a brokerage, can I trust that the brokerage owners are not siphoning these funds and using them to finance their side businesses? As a trader, you want your forex broker to be top-rated and responsive enough to answer these questions.

2. Advanced Trading Platforms

Today's markets require deep analysis, and traders demand that their platforms have more tools to accomplish this. With joy, many traders received news of the lifting of Apple's ban on the Metatrader platforms. This means that the MT4 and the more advanced MT5 platforms are now available to users of iPhone and iPad devices. Even the cTrader has been modified and presents traders with a great alternative. An ideal trading platform should be able to give the trader the following:

• News feed
• Advanced tools for charting
• Enhanced order management
• Strategy tester
• Coding environment for EA development and modification
• Access to a virtual private server

3. Wider Range of Assets

The global macroeconomic environment of today is such that the most volatile price activity in the forex market is no longer restricted to the traditional hot zones. With the entrance of the Chinese Yuan into the list of top 5 most traded currencies in forex, the dynamics of the market have changed. The latest survey by the Bank of International Settlements (BIS) indicates that the daily forex turnover now stands at $ trillion, an all-time high. One of the reasons behind this volume increase over the years is that more assets are attracting attention. So simply sticking to the traditional currency pairs as a means of profiting from the market will deny you a lot of opportunity elsewhere.

Your broker, especially top-rated forex broker should be offering you various combinations to trade with. For instance, how about trading the Brazilian Real against the Chinese Yuan? Most brokers may not offer the BRL/CNH pair, but the top-rated broker should be able to offer the USD/BRL pair and the USD/CNH pair to execute such a trade. Your broker should be able to offer you FX crosses that can enable you to make your own markets. These crosses would enable you to fashion out trades on currency pairs loaded with opportunity but have yet to be found on most broker platforms in the forex market.

4. Leverage

There are arguments for and against the provision of high leverage by top-rated brokers. The statistics pulled from new trader registrations with brokers across various jurisdictions show that traders continue to trend toward getting competitive leverage to trade with.

When ESMA implemented leverage caps on European brokers including most credible and top-rated, traders migrated to high-leverage jurisdictions en masse. It clearly shows that traders know what they want and want competitive leverage that does not place a high margin demand on them. Even though it potentially increases risk, traders prefer high-leverage forex brokers to work around with smaller capital.

5. Responsive Customer Support

Traders prefer to work with top-rated forex brokers that have responsive and empathetic customer support. Traders want instant responses and prompt technical support to enable them to resolve any issues they may have. The days of 1-day email response times are fast disappearing. In their place, live chat and instant response channels via social media are taking over. Some top-rated brokers will even get a dedicated account handler to call the trader on the phone to take care of requests.

6. Competitive Contract Specifications

Traders are always looking for favorable trading conditions and appealing contract specifications. Any broker wishing to get the business of traders in and beyond should be willing to offer tight spreads and the lowest commissions and swap fees in the market. Negative balance protection and virtually non-existent slippage are also desirable features. The top-rated forex brokers we are featuring above offer some of the market's best trading conditions and contract specifications.

For instance, gold was one of the best-performing assets of in terms of price volatility and potential returns to investors. The top-rated forex brokers in our list provide affordable trade sizes on the gold assets to ensure that every category of trader can benefit from the price moves that can potentially occur.

7. Research Tools and Trading Education

Brokers are starting to see that it is immensely beneficial for their clients to know about the trading process. This is why some top-rated forex brokers invest significant resources into developing a solid trading education suite where traders can go from having zero knowledge to practical knowledge about trading. There is no gain for brokers to have traders with no knowledge blowing their accounts and never coming back. Traders with a high level of trading education can do a lot of stuff that will keep them in the game for a long time.

A comprehensive trading education suite is necessary for any top-rated forex broker wishing to succeed in and beyond because traders desire these resources. For instance, a trader who has learned how to keep a trade journal and go over past trades will know how to detect where trades went wrong and take steps to mitigate them. A trader who has learned how to use stop loss and take profit targets or when to use limit orders as opposed to market orders is less prone to make simple mistakes that lead to loss of unrealized profits.

But does it stop at trading education? No, because traders now desire a more comprehensive range of research tools that will help improve the trading experience. A trading education article can paint a picture of the cap on the amount a trader should expose to the market at any given time, but what about providing a tool to help the trader calculate this amount? That's why some of the top-rated forex brokers on the list above all feature various calculators that will supplement whatever knowledge the trader gets.

8. Regulation

This discussion is not complete if the role of regulation in providing a secure trading environment for traders' funds is not discussed. Regulation is all about protecting the consumer, who, in this case, is the trader. An important aspect of regulation is funds' segregation. These days, traders desire to operate with top-rated forex brokers with account segregation that prevents co-mingling their funds with the company's operational funds. One of the fallouts of the collapse of crypto exchange FTX is the heavy co-mingling of traders' funds with the firm's funds, with allegations of millions of dollars of clients' funds being used to provide unsecured loans to another company owned by the FTX CEO. Such actions would never happen in the forex market, where regulation is much tighter, and brokers must periodically report all transactions to regulators for scrutiny.

Operating with a regulated broker is a strong demand by today's traders, and most of the top-rated forex brokers listed above provide a regulated environment that keeps traders' funds secure.

What do the most reliable forex brokers offer their clients?

Here are what the top rated and most credible forex brokers for s and beyond on this list offer to clients in terms of features, the platforms, services and bonuses. This list has been prepared by taking into account the level of conformity to the metrics mentioned above by each broker. These top-rated forex brokers also have the characteristics of being flexible, user-friendly, multi-functional in terms of the resources that they make available to traders.

Features

Here are some of the features you get with the top-rated forex brokers on this list.

• Regulated brokers with a good track record.
• Free trading education and access to various tools and resources such as the economic calendar, currency strength meter, and various calculators such as forex swap calculator and lot size calculator.
• Access to virtual private servers for live account holders with no financial commitment whatsoever.
• Access to institutional-style accounts where traders have spreads that start from pips.
• Access to a vast array of payment channels such as crypto funding options.
• There are also swap-free accounts for traders who prefer to have Sharia-compliant conditions.

Platforms

The MT4 and MT5 platforms remain the mainstay of retail forex trading as far as trading software is concerned. Following the lifting of Apple's ban on the Metatrader mobile apps, these apps are back in the App Store and are once more available for iPhone and iPad users. As smartphones get more sophisticated, the use of the MT4/MT5 mobile apps is increasing.

If you are new to forex/CFD trading, the MT4 is the best place to start. More than 16 million users now trade with the MT4. As you gain more experience, you can open an account that runs on the MT5. Apart from the MT5, the cTrader is also a viable alternative, even though it is a bit more complex than the MT4/MT5. However, it has extra features experienced traders can use, such as standalone charts and streamlining the platform’s interface to match the assets you prefer to trade.

Services

Traders can benefit from some value-added services, as provided by the top-rated forex brokers listed above. These include access to PAMM/MAM account services and copy trading facilities.

Virtual private servers and trade analysis tools such as Autochartist are value-added services that ordinarily come as standalone services that traders must pay to get access to. But by opening live accounts with these top-rated forex brokers, traders are guaranteed access to these services due to the partnership agreements the brokers have with the providers.

Another service that traders tend to overlook is the Myfxbook service. After years of wrangling between Metaquotes and Myfxbook over handling user data, all has been settled, and traders can once more perform analytics of trading accounts and copy trading services.

Funding Options

The ability to trade, make profit and withdraw the same will depend on getting access to an acceptable payment method that works wherever you are in the world. The inclusion of up to ten funding options (including crypto-based channels) gives traders the flexibility to use a system of payment that works for everyone. Gone are the days when some traders were forced to use the slow and expensive bank wire options because their brokers stopped them from using card payment options. There are now payment channels that have broken the barriers of restriction to provide seamless funding and withdrawals on broker platforms.

What are the initial deposits for retail forex and CFD traders in Spain?

How a fixed rate help calculate deposits and withdrawals?

What brokers provide deposits and withdrawals via Skrill?

What is the minimum deposit and withdrawal in forex?

Annual Award Winners - Overall

Results for the eunic-brussels.eu Annual Awards are unbiased and determined by our own independent research; Broker Awards are bestowed based on demonstrated excellence in categories considered important to investors, traders, and consumers.

After gathering and validating thousands of data points across + important variables, poring over our collected quantitative data, and factoring in the qualitative observations and qualified opinions of our expert researchers, we are proud to announce the top three forex brokers of

Winner: IG

Company	Overall Rating	Minimum Deposit	Average Spread EUR/USD - Standard	Visit Site
IG		£	info

Regulated and trusted across the globe, IG offers traders the ultimate package of excellent trading and research tools, industry-leading education, comprehensive market research, and an extensive list of tradeable products. This fantastic all-round experience makes IG the best overall broker in

• Trust: Founded in , IG is publicly traded (LON: IGG) and regulated in eight Tier-1 jurisdictions, making it a safe broker (low-risk) for forex and CFDs trading. All jurisdictions considered, we ranked IG as the most trusted forex and CFDs broker for our Annual Awards.
• Commissions: IG uses its size to provide traders with consistent pricing across the board — regardless of the product you trade — and shines for its active trader pricing available through its Forex Direct accounts.
• Forex trading platforms: While IG also offers MetaTrader and premium MT4 add-ons from FX Blue, only 76 tradeable instruments are available. There's no question; IG's flagship platform is the better choice between the two, and offers an extensive range of tradeable markets.

Runner-Up: Interactive Brokers

Company	Overall Rating	Minimum Deposit	Average Spread EUR/USD - Standard	Visit Site
Interactive Brokers		$0	info

Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite.

• Trust: Founded in , Interactive Brokers is publicly traded (NASDAQ: IBKR) and regulated in nine Tier-1 jurisdictions. Interactive Brokers is well-capitalized with USD billion of ending client equity and USD billion of equity capital.
• Commissions: Interactive Brokers offers competitive pricing, aggregating prices from 17 of the world's largest interbank forex dealers. Instead of marking up spreads, Interactive Brokers charges a commission per trade, which ranges from $16 to $40 per million round turn ($8 to $20 per side).
• Forex trading platforms: Interactive Brokers stands out for its trading platforms, which include its flagship desktop software – Trader Workstation (TWS) – and mobile trading app – IBKR Mobile – both of which provide access to advanced trading tools and global financial markets (including forex and CFDs).

Podium Finisher: Saxo Bank

Company	Overall Rating	Minimum Deposit	Average Spread EUR/USD - Standard	Visit Site
Saxo Bank		$0	info

Saxo Bank has recently lowered the minimum deposit requirement for its entry-level Classic account to $0, making it easier for a wider range of traders to access its excellent trading platforms, phenomenal research, and 70,+ tradeable instruments.

• Trust: Founded in , Saxo Bank operates multiple regulated banks and is licensed in seven Tier-1 jurisdictions, making it a safe broker (low-risk) for trading forex and CFDs.
• Commissions: Saxo Bank provides traders with excellent all-around pricing. For active traders (and those with large account balances), Saxo Bank offers competitive pricing in its Platinum and VIP accounts, which require a $, and $1 million balance, respectively.
• Forex trading platforms: The entire Saxo Bank client experience is absolutely brilliant. Alongside access to 70, tradeable instruments, Saxo Bank's flagship SaxoTraderGo platform is terrific, and includes everything traders require to navigate the market. Saxo Bank also offers third-party platforms such as TradingView, the globally popular platform with advanced charting capabilities. Learn more by checking out our TradingView guide.

Best Forex Trading Platforms

We've conducted thorough testing of the best trading platforms offered by dozens of the top forex brokers in the industry. Of the 60+ brokers that we've evaluated, we've selected our top picks for brokers that provide the best trading platform experience and listed them below (click on the broker's name if you want to read our full-length broker review):

What does a forex broker do?

A forex broker is a company that is licensed (or considered exempt) by a national regulator to grant you — as a retail or professional client — the ability to buy or sell foreign currencies, by way of an online trading platform or over the phone (known in the industry as voice broking). A forex broker may offer you the underlying currency, or a non-deliverable spot contract or derivative such as a contract for difference (CFD) depending on any relevant country-specific regulatory restrictions. It's important to only use brokers that are properly regulated to reduce your risk of being scammed.

Do I need a broker for forex?

Yes, to trade forex you'll need to use a forex broker. You'll need to open an account and deposit enough collateral (margin) to enable you to place orders with your broker to buy or sell forex.

The forex broker's job is to execute your orders — either internally by acting as the principal to your trade (market maker execution) or by sending your orders to another market, thus acting as your agent (agency execution).

Your broker should be regulated and properly licensed in your country of residence (or in a major financial center). We’ve included a few important questions that are worth asking to help determine if your forex broker is trustworthy:

• Does the broker have adequate financial operating capital?
• How long has the broker been in operation?
• Does the broker hold proper regulatory licenses in the countries where it operates, and is it in compliance with local laws?

How much money do you need to start trading forex?

The specific amount of money you’ll need for trading forex will depend on multiple factors, such as your personal financial situation, your trading goals, and your tolerance (or appetite) for risk.

Beginner forex traders might start trading forex with as little as $, while it’s not uncommon for professional day traders to have six or even seven-figure trading accounts. If you are a beginner, you’ll first need to determine if forex trading is suitable for you. Check out our guide to trading forex for beginners here.

The next step will be deciding on your trading budget. This is especially important given the risks involved in trading forex from a margin account. Forex brokers typically offer a range of contract sizes so you can fine-tune the size of your trade – which will determine how much risk you are taking for a given profit target.

A micro account with a low margin requirement would make it possible to trade forex and test a trading strategy with as little as $ of risk capital. In this case, your potential risk will be limited – but so will your potential rewards. Trading forex with a small amount of risk capital can let you test a new investment methodology, or allow beginner traders who are new to forex trading to learn by trial and error without “breaking the bank.”

Regardless of your trading budget, you'll need to choose a dependable method for depositing and withdrawing funds for your live trading account. PayPal has grown in popularity as a way to fund forex trading accounts, due to its extensive international presence and wide range of supported currencies. Head over to our guide to the best PayPal forex brokers to learn more about using PayPal to fund your account, and to see our list of the best forex brokers that accept PayPal.

Which broker is the best for forex?

IG took first place for our Annual Awards as the best overall forex broker, with available currency pairs and the ability to trade CFDs and forex options, traders have plenty of choices. IG holds nearly a dozen regulatory licenses (and holds the distinction of being the only forex broker regulated in both Switzerland and the U.S.); simply put, IG is one of the most trusted brokers in the industry.

Who is the biggest forex broker in the world?

IC Markets is the largest forex broker by trading volume, with over $ billion in forex trading volume in the third quarter of alone, according to data compiled by Finance Magnates. IC Markets is also well-known as an excellent option for algorithmic traders due to its great pricing and execution. Check out our full-length review of IC Markets, and algo traders (or traders who want to learn about HFT systems) can check out our popular guide to high-frequency trading.

What are the top 10 forex brokers?

Here are the top 10 brokers by forex and CFD trading volume according to data compiled by Finance Magnates during the third quarter of (data excludes Japan due to the abnormally high trading volumes known to come from Japanese brokers):

Which forex broker has the best trading platform?

CMC Market's Next Generation platform comes with a massive selection of nearly 10, tradeable instruments. It delivers a terrific user experience, as well as advanced tools, comprehensive market research, and an excellent mobile app. Hands down, the CMC Markets Next Generation trading platform is a market leader that will impress even the pickiest of traders. The new Dynamic Trading tool allows you to place multiple trades simultaneously, which was a nice innovation by CMC Markets this year.

Best forex brokers for different styles of trading

What do you value most in a forex broker? Maybe you want to trade forex on the go. You might be looking for the most cost-effective forex brokers. Or maybe you are a beginner forex trader who is just getting started.

With a wide range of forex brokers comes a wide variety of features and specialties. To help you find the best forex broker for what you’re looking for, we’ve listed our top picks for some of the most sought-after features in the forex industry.

• menu_book  Great for beginners - IG’s vast selection of educational materials (it even has a mobile app dedicated to trader education, called IG Academy) makes it our top choice for beginner traders. Check out our full guide on the best forex brokers for beginners here.
• smartphone  Excellent trading app - Saxo Bank’s SaxoTraderGO mobile app boasts an impressive, intelligent design, paired with an abundance of useful information that makes it easy for traders to make clear-headed decisions, making it our top trading app. Check out our full guide to the best forex trading apps here.
• groups    Social copy trading - Interested in following the trades of expert forex traders? eToro deftly merges self-directed trading and copy trading into a sleek, unified trading experience. Copy traders can read our full social copy trading guide here.
• euro  Low costs - Of Tickmill’s three accounts (Classic, Pro, and VIP), it was the competitive commission-based pricing for professionals available through its VIP and PRO accounts that helped Tickmill finish 1st overall for Commissions and Fees. Take a look at our full guide dedicated to low-cost and zero spread brokers here.
• app_shortcut  MetaTrader - IC Markets’ MetaTrader offering includes an impressive range of third-party research and trading tool plugins, which helped IC Markets earn our pick for the best MetaTrader broker. Read our full MetaTrader guide, and learn more about the newest version of MetaTrader with our guide to the Best MetaTrader 5 Brokers.
• currency_bitcoin Crypto trading - eToro’s large number of available crypto assets helped make it our top broker for crypto trading for our Annual Awards. Check out my guide that covers crypto trading and the best bitcoin brokers here, or read my guide to the Best Bitcoin ETF brokers.
• laptop_mac  Mac Compatible Brokers - Saxo Bank - Streamlined designs and robust trading tools make Saxo’s desktop platform, SaxoTraderPRO, a winner. Mac users should take a look at our guide to the best forex trading platforms for Mac devices.

Which forex broker offers the most CFDs?

Saxo Bank offers the most tradeable CFDs in the industry, with a staggering 60,+ tradeable symbols available. CFDs, or "contracts for difference," enable traders to speculate whether the price of a stock, forex pair, market index, or commodity will go up or down without taking ownership of the underlying asset. If you’d like to learn more about how CFDs work (and to see our picks for the best CFD trading platforms), check out our full-length guide to the Best CFD Brokers and Trading Platforms.

Which forex broker offers the most currency pairs?

Alongside nearly 10, CFDs, CMC Markets offers the most tradeable currency pairs, with pairs that can be quoted both ways (i.e. EUR/USD or USD/EUR), which comes to a total of pairs.

Which forex broker is best for professionals?

As a highly-trusted and regulated global brand, Interactive Brokers (IBKR) provides everything professional traders might need, from advanced trading tools and platform features to competitive pricing across a wide variety of markets, as well as connectivity to over global exchanges. In addition to competitive spreads and low commission-based pricing for forex, Interactive Brokers provides more third-party research than any other broker.

Interactive Brokers continues to innovate its platform offering, such as with its new Impact app for environmental, social, and governance (ESG) investing, alongside the related Impact dashboard available in its Trader Workstation (TWS) desktop and WebTrader platforms.

Professional client status: In today's highly regulated forex world, traders who want to maximize their margin leverage must apply and obtain ESMA's professional client status with their broker. Traders designated as Professionals in the EU do not receive negative balance protection and other consumer safety mechanisms such as eligibility for compensation schemes in the event of a broker's insolvency.

How do I choose a forex broker?

Here are three of the most important factors to keep in mind when choosing an online broker for forex trading.

1. First, make sure your broker is properly licensed and regulated. The safety of your deposit is always the top priority.
2. Next, compare the account offerings, trading platforms, tools, and investment research provided by each broker.
3. Finally, read detailed forex broker reviews to compare pricing and product offerings (e.g., number of forex pairs and CFDs available to trade) to find what is most important to your forex trading and investment needs.

How do I know if my forex broker is regulated?

It’s important to make sure that your forex broker is well-trusted and properly regulated in order to avoid forex scams. To see an intuitive, comprehensive list of highly regarded regulatory agencies, check out our Trust Score page. Also, be sure to check out our in-depth reviews of forex brokers – we detail the regulatory status of each individual forex broker across the international forex landscape.

We’ve also put together a step-by-step guide to help you determine if your forex broker is well-regulated:

1. Find its license number: Identify the broker’s registration number from the disclosure text at the bottom of the broker's homepage.
2. Confirm the broker’s public profile: Look up the entity name (i.e. the legal company or brand name) on the regulator's website to validate the registration number.
3. Confirm regulatory status: We track, rate, and rank forex brokers across over 20 international regulators, and you can find the official websites of the biggest, most important international regulators on our Trust Score page.
4. Global availability: Confirm that the broker can accept clients in your country of residence. If the broker lacks regulation in your home country, it’s still worth checking to see if they can legally accept clients from your country (for example, if the broker is regulated in an alternate jurisdiction that is deemed acceptable).
5. Verification: Call the phone number or contact the email address listed on the regulators’ website if you have any doubts as to the legitimacy of a website or brand purporting to be regulated.

eunic-brussels.eu Overall Rankings

Now that you've seen our picks for the best forex brokers, check out the eunic-brussels.eu Overall Rankings. We've evaluated over 60 forex brokers, using a testing methodology that's based on + data-driven variables and thousands of data points. Check out our full-length, in-depth forex broker reviews.

Tickmill was founded in and has become an established broker providing an excellent range of trading platforms and tools for beginner and advanced traders. In fact, you can trade with 6 different platforms covering web, desktop, and mobile trading apps alongside extra trading tools such as Advanced Trading Toolkit and Autochartist &#x; making Tickmil a top choice to improve your trading performance.

During the course of our live Tickmill test, I was particularly impressed by the number of trading platforms available for all levels of traders. Beginners will enjoy the ease of access to the well-known TradingView web-based platform. Tickmill is just one of a handful of brokers where you can trade directly from TradingView across 7 globally regulated futures exchanges.

Intermediate traders will be glad that Tickmill also offers access to MT4 and MT5 which have been the go-to forex trading platforms for decades. While there is a learning curve to these platforms they come packed with 80+ in-built trading indicators and the ability to create and execute algorithmic trading strategies.

If you are an advanced trader, Tickmill provides access to use the institutional-grade CQG platform. This has more than 90 inbuilt indicators, customized trade routing, depth of market (level I and level II), and a hybrid order ticket application for the best execution.

I have tried all of these platforms during the course of my year trading experience and my favorite is TradingView because it is web-based and provides a high level of chart customizations from indicators, timeframes, layouts, and chart types. You can access all global markets from the platform and even create your own market scanner for fundamental metrics or technical analysis patterns.