As an Amazon Associate, I earn from qualifying purchases.
And10 best Forex Brokers: There are a large number of people in the online world who want to get several information about the best Forex brokers. The question that is always asked in this regard most online is who are the best Forex Brokers? So, I had a long desire to write something on this query.
And today I am going to write a short review on the top 10 best Forex Brokers.
Positions of the brokers are ranked depending on their services. Services of some Forex brokers are able to surprise you really. In this article I will discuss about those brokers.
A list of top 10 best Forex Brokers along with short review is presented below:
A list of top 10 best Forex Brokers–
A short review on top 10 best Forex Brokers-
If you read this short markets.com review then you can understand that- why we have included this broker in this article. Markets.com is one of the best Forex trading provider. It has multiple trading platforms. It offers trading instruction and secures access to your trading account via a web browser, laptop, PC, and mobile. For this reason, at present Markets.com has been able to create a clear example among the Top best Forex Brokers.
Markets.com is a well-known Forex & CFD broker. It is fully authorized and regulated by the Cyprus Security & Exchange Commission (CySec). This company offers online trading services in currencies, metals, commodities, and indices. Leverage up to 300:1 is provided by the company. You can start trading here with $100 only(forex trading with 100 dollars is possible here). This company offers different methods of deposits and withdrawals. These methods are -credit/debit card (Visa card, Master Card or Diners Club), wire transfer, and local payment systems.
The authority of the company offers several trading platforms at market.com.These trading platforms are – WebTrader, MetaTrader4, etc.
French, Arabic, Italian, German, Spanish, Polish, Romanian, Slovakian, Portuguese, Norwegian, Swedish and four more languages (Total fifteen) are acceptable in Markets.com.
To start trading with market.com, you have to set up an account with the company. And you have to provide some necessary information. It completes the verification process within a few hours. It gives scopes to open unlimited demo accounts for new traders. Anyone can practice new trading strategies with a virtual balance which the company offers for beginners to become expert in trading.
At a glance some information about Markets.com
- Type of broker: Market Maker
- Acts: CySEC, FSB
- Minimum deposit amount: $ 100
- Leverage ratio: up to 1: 300
- US Customers: No
- Country/ State: Cyprus
- Others tools: Stocks, indices, ETFs, CFDs, Commodities, Bitcoin
This short fxpro review may make you understand about the importance of this broker. The English broker FxPro was founded in 2006. This broker is always one of the best brokers for the ECN/STP category. FxPro could achieve popularity worldwide by this time. Because it won different awards over the years for its outstanding performance. They always offer several new technologies to its traders. Many successful traders are using its (FxPro) several services like FxPro Quant Strategy Builder, cAlgo Algorithmic Trading, FxPro Library, and FxPro VPS. And those are really helpful for traders.
It is not possible to include everything about this broker in this fxpro reviews.
At a glance some information about FxPro
- Type of broker: STP (Straight Through Processing)
- Acts: CySEC, FCA
- Minimum deposit amount : $ 100
- Leverage ratio: up to 500:1
- US Customers: No
- Country/ State: UK
- Others tools : Stocks, Indices, Futures CFDs, Commodities
At present IG Markets has achieved a lot of reputation by this time for its outstanding services. IG Group is such a company that offers financial derivative trading like CFDs and financial spread betting. The majority activities of this company are based in the UK. It expanded its activities in the international market. It is an enlisted company in the London Stock Exchange which is a part of the FTSE 250 Index.
It was established by Stuart Wheeler in 1974. IG Index and IG markets are the operating company of IG Markets. IG Markets have been in CFDs that present it in currency markets in the same range. The key people of these organizations are Andy Green acting as chairman and Peter Hetherington as CEO. As per the report of 2015, the company had a revenue of 427 million pounds. And it earned a net income of 131.9 million pounds.
At a glance some information about IG Markets
- Type of broker: ECN/STP & Market maker
- Acts: FCA UK, ASIC, FINMA
- Minimum deposit amount: $ 200
- Leverage ratio: up to 200: 1
- US Customers: No
- Country/ State: UK
- Others tools: CFDs, Stocks, Commodities, Indices, ETP, Options, interest Rates, VIX, bonds, bitcoin, IPO
This oanda review can help you a lot to get enough information about this broker. OANDA is a foreign exchange company of Canada which had been established in 1996 by Richard Olsen. It and start providing several services, such as update information on forex, the facility of online retail foreign exchange trading (Forex), facility of currency transaction and conversion. At first it had been opened in Delaware only to provide live currency details online. Then the company website used to provide several free tools for data history tables, currency conversion. It also provides a multilingual interface, data analysis, and news.
In the US, at present OANDA has been considered as non-bank FCM (Futures Commission Merchant). It has experience in spot trading of forex. And as a member of the National Futures Association, it also registered with Commodity Futures Trading Commission (CFTC).
The feature that makes this broker unique is – here you can start trading with a nominal amount.
It is almost impossible to describe everything about this broker in this tine oanda forex review.
At a glance some information about Oanda
- Type of broker: Market Maker
- Acts: NFA, CFTC, FCA UK, IIROC, MAS Singapore
- Minimum deposit amount: none
- Leverage ratio: up to 50:1
- US Customers: Yes
- Country/ State: Canada, USA
- Others tools: Indices, Commodities, Bonds, CFDs
This Saxo bank review can help to get short but in-depth idea about this broker. Most of the people know the Basically saxo bank forex as an investment bank in Denmark. The products of the company are online trading, investment banking, trading platform, and investment. The headquarter of this organization is in Copenhagen.
The company had been established in 1992 by Lars Seier and Kim Fournais.
General Atlantic had bought a small portion of the share of this company for $30 million. And later TPG Capital also purchased the same portion of share for DKK 9.6 billion in 2011. The key people of this organization are Lone Fonss Schroder as Chairman, Henrik Normann as Vice-chairman, Kim Fournais as Founder & CEO, and Lars Seier as Founder.
At a glance some information about Saxo Bank
- Type of broker: Market Maker
- Acts: FINMA
- Minimum deposit amount: $ 10,000
- Leverage ratio: up to 100: 1
- US Customers: No
- Country/ State: Denmark
- Others tools: Stocks, Options, ETFs, ETCs, Futures, CFD, Bonds
If the information of this saxo bank forex review is not enough then click here to know more.
-
Forex.com
The company was established in 1999 as GAIN Capital Group. In 2004, FOREX.com had been launched by GAIN Capital Group to help traders in the foreign exchange market (forex). GAIN Capital uses the name “Forex.com” for Brokerage business in currency trading.
GAIN Capital Holdings, Inc is a financial service company in America. Headquarter of this company is in New Jersey. This company has a lot of experience in online trading since 1999. It provides different types of services regarding currency trading. Besides, the website of this company provides educational tools for currency trading. Those are really helpful for beginners.
The key persons of this organization are Glenn Stevens as CEO, Nigel Rose as CFO, Samantha Roady as president, Jeff Scott as COO, and Mike Lear as CIO.
At a glance some information about Forex.com
Type of broker: ECN/STP – Market maker
- Acts: CIMA, NFA, CFTC, FCA, IIROC, ASIC, FFA, MAS, SFC
- Minimum deposit amount: $ 250
- Leverage ratio: up to 200:1
- US Customers: Yes
- Country/ State: US
- Others tools: Indices, Commodities
If all information is not available in this forex.com review, click here to get more information.
In this short xm com review, you will find some important information that you never found before. XM.com was founded in Cyprus in 2009 which has been the biggest forex broker in Cyprus and third in the world with a remarkable growth rate in recent years. This broker offers services through different platforms like MT4 (Meta Trader 4) and MT5 (Meta Trader 5).
You should know that this company has won several awards in the last couple of years like “Fastest Growing Broker”, “Trading Platform with Best Execution”, “Best innovative Forex Product” and “Best trading Execution Broker”
At a glance some information about XM.com
- Type of broker: Market Maker
- Acts: CySEC, ASIC
- Minimum deposit amount: $ 5
- Leverage ratio: up to 888:1
- US Customers: No
- Country/ State: Cyprus
- Others tools: Indexes, Commodities, Stocks, CFDs
If you think this xm forex review is unable to provide you update information than click here to find updates.
This short hotforex review may amaze you. Because it is full with important information. HotForex is also known as HF Markets Ltd. It is a Caribbean based broker. And it was founded in 2010. Though HotForex is comparatively young, it promptly became one of the largest brokers in the world. Its daily growth report indicates so. It operates its activities in Europe through a CySEC license.
This broker offers a wide range of platforms, such as desktop, web, and mobile. It also allows the possibility of using the MT4 with Mac. HotForex has achieved a reputation for its great security systems about the funds of its clients. By this time HotForex won several awards like “Best Client Funds Protection Broker Awards” and “Best Forex Broker”.
At a glance some information about HotForex
- Type of broker: STP
- Acts: CySEC, FSC
- Minimum deposit amount : $ 5
- Leverage ratio : up to 1000: 1
- US Customers: No
- Country/ State: St. Vincent & the Grenadines
- Others tools : Indexes, Commodities, Stocks, CFDs
Info of this hotforex reviews is not sufficient then click here for updates.
This ic markets review may help you a lot with some important which you will not find other reviews. Sydney based icmarkets was founded in 2007. This broker is the first Australian forex broker and became one of the largest brokers in the world in recent years. And day by day it is still improving. IC Markets has also achieved a reputation for its latest cutting-edge ECN technology. And ic-markets has made itself eligible to become one of the best brokers in the world. For this reason this broker could win the hearts of most of the traders worldwide.
At a glance some information about IC Markets
- Type of broker: ECN/STP
- Acts: ASIC
- Minimum deposit amount: $ 200
- Leverage ratio: 500:1
- US Customers: No
- Country/ State: Australia
- Others tools: Commodities, Indices, Futures, CFD
If this icmarkets review is unable to fulfill your requirement then click here to have updates.
Direct FX is another Sydney based broker that was founded in 2006. It is the third Australian forex broker of which reputation spread out worldwide by this time. Most of the customers of this broker are Chinese. And they are enough experienced in forex trading.
Directfx has become very popular among the experienced traders especially who are habituated of using advanced platforms (the CQG FX and CQG ONE, the MAM and VPS solutions). Besides, this broker gives the opportunity to use binary tools. Those tools are very popular among traders worldwide in recent years.
The goal of this organization is to provide the best environment and necessary tools & instructions for its customers.
The management team of this organization has a lot of experience in their own profession. Most of the members of the management team have got up to 40 years of experience. This company always focuses on applying new technologies in trading so that its customers can succeed in this business easily.
At a glance some information about Direct FX
- Type of broker: ECN/STP – DMA/STP
- Acts: ASIC
- Minimum deposit amount: $ 100
- Leverage ratio: up to 400:1
- US Customers: No
- Country/ State: Australia
- Others tools: Futures, Commodities, Stocks, CFDs, binary options
If this short direct fx reviews can not help you a lot, click here for updates.
A question is always asked worldwide that – is forex a good investment?
My answer to this question is – yes, it a good investment if you trade currency with the help of above 10 best Forex Brokers. And here you should also know that all the above brokers are the best forex brokers for beginners.
In this article the brokers those have been presented are being considered as top 10 best Forex Brokers in recent years. But this situation may change any time. So, before joining with any broker try to collect the latest information in this regard from online. Thanks a lot for reading this article. If you like this article please share it with your friends. And if you have any question in this regard please don’t hesitate to ask me.
As an Amazon Associate, I earn from qualifying purchases.
Hey! This post could not be written any better! Reading through this post reminds me of my previous room mate! He always kept chatting about this. I will forward this post to him. Pretty sure he will have a good read. Thanks for sharing!