Forex Brokers Reviews

Forex trading has become a great way of making money nowadays. It has become an industry that people can easily fall into and lose their money. This is why there are a lot of brokers out there offering the best possible service.

70% of retail investor accounts lose money when trading CFDs with this provider. 68% of retail investor accounts lose money when trading CFDs with this provider. Global Prime provide custom liquidity solutions for retail and institutional traders who are looking for transparent, flexible and cost-effective trading solutions. They use an ECN/NDD model with MT4 and FIX API trading platforms available. 79.90% of retail investor accounts lose money when trading CFDs with this provider. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. For most traders, the first deposit into their account is very exciting.

brokers reviews

Evolve Markets is a Crypto based online brokerage that offers Forex, Crypto and Stock trading, with competitive trading conditions on the user-friendly Evolve Markets and MetaTrader platforms. XBTFX is a Cryptocurrency-based platform that provides Forex, Forex brokers Crypto and CFD trading online via the MT5 platforms. Trading conditions are competitive whilst they have an educational blog and demo accounts to support beginner traders. LMFX have a wide selection of instruments for trading Forex and CFDs.

Interactive Brokers Range of Offerings

The Variety of assets that are available for immediate trading via the broker platform. We also use different external services like Google Webfonts, Google Maps, and external Video providers.

  • is a regulated online broker serving clients all over the globe.
  • Still, these are both minor downsides and the range of offerings is a strong point for Interactive Brokers.
  • They are an award winning and established broker with competitive trading conditions for all traders.
  • The position needs to pay the debt if the long currency’s interest reaches low in comparison to the short one.
  • At Elland Road Capital, you can trade with confidence and access very competitive trading conditions with no hidden fees and no distractions.
  • EagleFX is a global brokerage providing over 100+ trading instruments including Forex, CFDs and 24/7 Cryptocurrency trading.

We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. As we’ve noted above, Interactive Brokers offers several different platform options. The flagship is the desktop IB Trader Workstation, which gives you access to securities trading, order management, charts and watch lists in one location.

They are an industry leading trading platform and futures broker with all of the resources you need to trade multiple financial instruments with relative ease. Spreadex is a UK based online brokerage firm known for their services in spread betting. With their powerful web-based trading platform and intuitive trading apps, you can spread bet and trade CFDs on a variety of asset classes with very competitive review conditions. Blueberry Markets is an online broker based in Australia providing online trading via the easy to use MetaTrader platforms with tight spreads, low fees and fast execution speeds. Nash Markets is a straight-through-processing brokerage firm that offers trading on a good selection of over 200 financial assets including Forex, Stock CFDs, Indices, Commodities and Cryptocurrencies.

Best-performing energy stocks: December 2022

You get access to a range of powerful tools to improve your trading strategies and can integrate with third-party solutions. Between 74-89% of retail investor accounts lose money when trading spread bets and CFDs with this provider.

brokers reviews

Even lower is SpeedTrader which is focusing on active traders. The broker is one of the few to still charge commissions on stocks and ETFs. At the third and fourth place on the list, are two big-name companies which are offering services of both a traditional full-service brokerage house and a discount broker. Rated four and half stars, these companies are Fidelity Investments and Charles Schwab.

Not every country is available for forex trading

Cent accounts are suitable for traders who want to start with very small amounts of money.You can read our comparison of cent account here. NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site.


Spreads and commissions are competitive with flexible accounts. Platforms and tools are sufficient but educational material is lacking and they could offer more trading products. FIBO Group is an online brokerage that provides Forex and CFDs for trading online. They are regulated with flexible trading platforms and account types. However, they are lacking in variety of trading instruments and offer no educational materials. Hugos Way is an online broker offering over 150 Forex and CFD trading instruments on the popular and easy to use MT4 platforms for multiple devices.

Best online brokers for mutual funds in December 2022

MultiBank Group is a multi-regulated ECN broker that provides access to trade a large selection of over 1,000 forex and CFD instruments on the popular MetaTrader platforms for all of your devices. They also offer social trading, managed accounts, API connectivity, a free VPS and the excellent Autochartist software.

The brokers trading conditions are very competitive whilst 24/7 support is available and all types of trader are welcome. ForexChief is an online forex broker that offers multiple assets for trading on the MetaTrader platforms.

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