Are you looking for a professional Forex broker to trade Forex with? It can be quite a hassle as there are plenty of companies out there claiming to offer the best in Forex trading services. Unlike on exchange stock market trading where for the most part all brokers are the same. Choosing a Forex broker can be very difficult as there are so many things different between them. They all have different Forex trading platforms, different regulations, different order execution, different pricing models, etc. While there are many to pick and choose from, you should select one that will match up with your specific Forex trading goals and needs.
As experts in Forex trading, we know how to find and identify excellent Forex brokers. In this post we give an overview of our selection of the best Forex brokers.
ThinkMarkets is an ASIC, FCA, and Bahamas regulated Forex broker that offers exchange stock trading, Forex trading, Futures trading, and metals trading through two different Forex trading platforms. The two Forex trading platforms that they offer are the popular MT4 trading platform and their own proprietary trading platform Trade Interceptor. Both platforms are state of the art. This combined with their excellent pricing and customer support make them one of the best Forex brokers out there.
IG is known as one of the best Forex brokers in the world. This world-leading Forex broker is trusted and regulated, and offer clients assistance in trading forex on leverage through CFDs. They are one of the, if not the largest CFD market maker and actually provide a lot of CFD liquidity to other Forex brokers. Many customer select IG Markets as their preferred Forex broker as they have extremely competitive pricing.
#3: IC Markets
No list of best Forex brokers would be complete without IC Markets. IC Markets is quickly becoming the go to choice for any Forex trading seeking a True ECN broker. IC Markets provides competitive Forex pricing on over 232 trade-able products with up to 500:1 leverage. Forex traders also can select from 3 different Forex trading platforms including: MetaTrader4, MetaTrader5, and cTrader. These three platforms are the top rated Forex platforms, with MetaTrader4 being the most popular.
FxPro is recommended as the top-rated MetaTrader brokerage in the market. Here, any trader can benefit from their extensive orders and account types, including fantastic execution and pricing models.
At Forex.com you will be able to trade Forex, CFDs, and even Bitcoin while using the broker’s user-friendly and advanced online Forex Trading platform. They offer a wide range of products and solutions, fit to any serious Forex trader out there.
FXCM is the Forex broker that started it all. They were one of the original Forex brokerage firms in the industry and grew to be massive. They are a publicly traded on the stock exchange in the United States, with a large market cap relative to other Forex brokers listed. They offer trading on their Trading Station Forex trading platform, as well as the popular trading platform MT4.
With more than 10 years of experience in investments and Forex trading, you can’t go wrong when teaming up with Pepperstone. Since inception Pepperstone has grew to become one of the largest Forex brokers in the world. They are regulated in Australia by the Australian Financial Commission, as well as in the United Kingdom by the Financial Conduct Authority. Additionally, they offer Forex trading on several different Forex trading platforms, including MT4 and cTrader. So if you are looking for a heavily regulated and trusted Forex broker then Pepperstone might be a good option.
Finally, we have AxiTrader. AxiTrader narrows their focus solely on the MetaTrader4 platform, which has paid huge dividends. While other Forex brokers are in search of the latest and greatest Forex trading platform, AxiTrader has stayed steady. Instead of adding other Forex trading platforms they focused on reducing their cost of trading and outperforming other competitor brokers in customer service.
One of the main advantages of AxiTrader is that they offer free deposits. Unlike other Forex brokers that pass along deposit fees to their clients, AxiTrader covers these expenses for their clients. The typical deposit fee for Neteller is 4%. So, for every $100 you deposit via Neteller with a broker you are paying $4. But, that is not the case at AxiTrader as they will cover this fee for you, giving you more money to trade with. Their hope is that you generate more trading commissions to offset the fees they are paying for you.
If you have questions or comments about this article make sure you connect with us. As we are a leading Forex Introducing Broker we are always available to assist you with your questions.