Introduction
Forex trading is a highly rewarding investment strategy that has been around for more than 40 years. It is one of the most popular forms of trading in the world and it involves buying or selling currencies based on their relative value at any given time. Check Out top forex brokers.
AvaTrade
AvaTrade is an online forex and CFD broker. AvaTrade is regulated by the FCA, CySEC, ASIC and MAS. AvaTrade is a member of the NFA, ESMA, FCA and ASIC.
The broker was founded in 2015 by two former traders who wanted to create a company that would offer great customer service while offering flexible trading conditions for its customers. The platform was designed specifically with traders in mind so they could easily access their accounts at any time without having to wait for hours on end just to check out their balance or copy down some info about their trades history etcetera – all these features are available through an app which means you can use it anywhere there’s internet connectivity (or even offline if need be).
The broker offers both spot trading as well as CFDs (contracts for difference), but there are no leverage options available here either! This means that when buying stocks/bonds etcetera through this platform you will get 100% exposure towards those assets within each trade only – this prevents any losses should something go wrong during execution phase since no extra capital has been put aside; however if say half of your portfolio has gone down then only half remains intact whereas before it might have been gone completely due
Tickmill
Tickmill is a forex broker and CFD broker. The company was founded in 2001, and it is based in Cyprus. In addition to operating as a traditional forex broker, Tickmill also offers binary options trading with its own platform for traders who want to use this type of investment vehicle.
The company’s clients can trade using either their own funds or funds from banks and other institutional investors (such as hedge funds). The firm has been regulated by the CySEC since 2008; however, it is registered under FCA rules as well—meaning that all customers’ assets are protected while they use their services
XM
- XM is a forex broker.
- It was founded in 2006, and it’s based in the UK.
- XM is regulated by the Financial Conduct Authority (FCA), which means that it has to meet certain standards of regulation and ethics when running its business, as well as being transparent about what goes on behind the scenes at all times.
- The company has offices around the world: New York City, London, Hong Kong and Tokyo are just some of them! There are also branches in other countries such as Australia and Canada too – so if you’re looking for an international broker then this might be your best option!
Plus500
Plus500 is a CFD broker, meaning it trades on behalf of its clients instead of buying and selling assets themselves. It’s regulated by the Financial Conduct Authority (FCA), which means that Plus500 has to meet high standards when it comes to customer protection and financial stability. Plus500 also has a wide range of trading tools at your disposal, including forex pairs, commodities and indices; if you’re interested in trading those assets but don’t have time for them all at once or want more flexibility than what the standard daily deal offers up then this could be a good option for you too!
Plus500 offers 24/5 customer support through live chat as well as email communication which means there’ll always be someone available whenever you need help or advice – even during weekends! The company also provides access to demo accounts so that potential traders can get used their platform before committing any money into real trades themselves; these include both software simulation environments where users can practice strategies without risking actual capital holdings (great if trying out new strategies without risking real money).
Tickmill
Tickmill is a UK based forex broker that has been in operation since 2003. It’s also one of the most popular brokers on the market, with more than 4 million users and an impressive A+ rating from FCA (the UK’s financial regulator).
Tickmill offers several different products from entry level to advanced trading platforms. If you’re looking for a simple way to start trading or want something that allows you to diversify your portfolio, check out their free demo account!
HotForex
HotForex is a forex broker that has been in operation since 2005. They are regulated by the FCA and CySEC, and offer a wide range of trading products, including spot trading, CFD trading and binary options trading.
FXCM
FXCM is a forex broker that was founded in 1999 and has since grown to be one of the largest forex brokers in the world. FXCM offers over 75,000 clients access to an array of trading instruments including equities, commodities, and foreign exchange markets. The company also offers CFDs on these assets as well as cryptocurrencies such as Bitcoin and Ethereum. In addition to this suite of products it provides educational resources for new traders who want to learn how to trade successfully using their platform’s toolsets and features.
FXCM offers three types of account options: Personal Accounts – ideal for beginners who want access only when they need it; Portfolio Accounts – which allow users more control over their investments but require more knowledge about how currency pairs work before starting out; VIP Access – reserved for high rollers with big paychecks or investors looking for special perks like VIP Lounge access (although this feature isn’t available everywhere).
FxPro
FxPro is a forex broker based in Cyprus. The company was founded in 2009 and is regulated by CySEC and the Financial Conduct Authority (FCA). It has a focus on retail traders, offering its services to individuals as well as institutions.
FxPro’s trading platform supports MetaTrader 4, MT5 and MT4 platforms with charting tools such as candlesticks, stochastics, MACD & RSI indicators. The minimum deposit amount for opening an account on FxPro’s website is $500 USD; however, there are no fees for deposits over this minimum amount.
OctaFX
OctaFX is a forex broker that offers trading, CFDs and spread betting. It’s regulated by Cyprus Securities and Exchange Commission (CySEC).
OctaFX has offices in Cyprus, London, New York City and Sydney.
HYCM
HYCM is a global forex broker with offices in London, Cyprus, New York and Hong Kong. The company has been around since 1998 and offers trading on over 100 instruments.
HYCM offers no minimum deposit requirements so you can start trading immediately without having to make any deposits first. You can also trade on some of the most popular currency pairs such as GBP/USD or EUR/USD without having to make an initial deposit first!
If you’re looking for an easy way to get started with forex trading then HYCM might be the best option for you as it offers a demo account that allows new traders an opportunity to practice before making any real money investments (more info below).
Here are the top 10 forex brokers in the world.
Here are the top 10 forex brokers in the world.
- CMC Markets
- FXCM
- IG Group (formerly Interactive Brokers)
- Plus500 Ltd (formerly FXTM) 5th edition, 6th edition and 7th edition – One of the oldest forex trading platforms on this list, Plus500 was founded back in 2006 with its headquarters based out of London but has since expanded to other countries including New York City and Hong Kong as well as multiple offices throughout Europe as well as Australia and Asia Pacific regions by focusing on providing access to international markets via their own proprietary technology platform called “The Edge” which allows traders worldwide to place trades using only one ID/password combination instead of having multiple logins across different sites like TradeStation or Robinhood etc.. They offer both automated trading bots as well live trading services depending on how much time you want dedicate towards learning how these things work before getting started yourself!
Conclusion
We’ve taken a look at 10 of the best forex brokerages in the world, from AvaTrade to OctaFX. We’ve included their features, their website and social media presence as well as their overall rating.
