Foreign exchange is a thrilling and fast-paced market where fortunes may be made or lost in a matter of seconds. If you want to go into foreign exchange trading or investing, commonly known as the Forex market, you need to work with Best Forex Brokers.
The leading Forex brokers provide a secure trading environment, competitive pricing, cutting-edge trading tools, and rapid and dependable trade order execution. Sorting through a huge list of Forex brokers and choosing the best is too much work for the typical trader, so we did the hard work for you and got it down to a list of the top Forex brokers for several emphases and specialties.
Top 5 Best Brokers For Forex Trading
- Robo Markets
- FP Markets
Plus500, a publicly traded corporation established in 2008, is the primary sponsor of the football team Atlético Madrid. Plus500 UK Ltd, which is approved and governed by the UK Financial Conduct Authority, provides the Plus500 trading platform. Plus500 UK Ltd is also a subsidiary of Plus500 Ltd, which is a publicly-traded company listed on the London Stock Exchange.
The broker’s trading platform is available in over 50 countries and is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC).
XTB is a multi-award-winning CFD platform that offers to trade in Forex, indices, commodities, stock CFDs, ETF CFDs, and cryptocurrencies. XTB offers low-cost margins on 48 currency pairs in Forex. Clients of XTB can trade on either the xStation 5 or the MT4 platforms. For leveraged accounts, this brokerage offers up to 200:1 leverage…
RoboForex was founded in 2009 and is an official partner of BMW M Motorsport. The International Financial Services Commission of Belize has authorized and regulated the broker, which offers separate trading accounts with negative balance protection. They are also a part of the Financial Commission’s Compensation Fund and provide Verify My Trade, which allows you to view execution quality certificates.
The broker offers Forex ECN and CFDs on Stocks, ETFs, Indices, Cryptocurrencies, and Commodities, as well as Forex ECN and CFDs on Stocks, ETFs, Indices, Cryptocurrencies, and Commodities. Users can now invest in genuine American company stocks, raising the total number of traded assets to over 12,000.
This brokerage provides a vast array of tradable assets via Forex, CFD, and share trading accounts. FP Markets offers the MT4, MT5, and IRESS platforms and provides up to 500:1 leverage. You can trade 45 currency pairs with low spreads or commissions.
FXCC was formed in 2010 and operates as a collaborative brand name of FX Central Clearing Ltd, which is licensed by the Cyprus Securities and Exchange Commission (CySEC), and Central Clearing Ltd, which is governed by the Vanuatu Financial Services Commission (VFSC).
FXCC provides clients with access to over 100 financial instruments, including Forex, CFDs for Indexes, Metals, Energies, and Cryptocurrencies, all via the highly popular MetaTrader 4 platform.
Clients are provided a single account type called ECN XL, which features commission-free trading, a $50 minimum deposit, up to 1:500 leverage, adjustable spreads starting at 0.0, free funding, and other benefits. Islamic & demo accounts are also available.