Top Forex Brokers List

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Top forex brokers list
Top forex brokers list

How to find the top forex brokers

If you are looking for a forex broker for trading, here I will explain how to choose a suitable and trusted forex broker for your success in the forex market. Also, a top forex brokers list is prepared at the end of the article.

1. Regulation is Important

In the forex market, you can’t say all brokers have licenses and regulations therefore you should find a regulated broker to get assurance in the future.¬†You can see below some of the regulatory organizations according to the country.

Australia

  • ASIC- Australian Securities and Investment Commission

United Kingdom

  • FSA UK- UK Financial Services Authority
  • PRA- The Prudential Regulation Authority
  • FCA- The Financial Conduct Authority
  • FSCS- Financial Services Compensation Fund

United States

  • CFTC- Commodities and Futures Trading Commission
  • FINRA- Financial Industry Regulatory Authority
  • NFA-National Futures Association
  • U.S. SEC- US Securities and Exchanges Commission
  • CBOT- Chicago Board of Trade
  • SIPC-Securities Investor Protection Corporation

2. Trading platform and tools

Secondly, check the available platform and tools that your broker provides and its features. Also, the availability of currency pairs and products that you are going to trade in their platforms. Also, the Compatibility of these tools with the web browser, operating system, mobile phone or any other device is very important. Meanwhile, the top forex brokers have a desktop, web-based, and mobile platforms to manage your accounts and trades because it is very important for the future.

3. Which currencies and products you can trade?

Many brokers provide a lot of currency pairs and products on their platforms to trade but check whether the broker has all currency pairs and products that you are going to trade.

4. Consider about trading fees and conditions

Many brokers charge fees through commissions and spread. Therefore finding top forex brokers that charge lower fees is very important to get more profit. So, take care of hidden fees such as withdrawal fees.

5. Deposit and withdrawal options

Find out the deposit and withdrawal options that brokers support and check whether you can deal with them. Similarly, look at how fast you can handle these transactions.

6. Order executions

When buying or selling trades if delay a few seconds, it can cost you a lot. Therefore finding a broker with instant executions is very important when you are trading.

7. Forex Education

Learning is the better way to success so when choosing top forex brokers, find out they have provided any educational tools to traders. In present many brokers have these features.

8. Customer Service

You better find a broker that you can get answered as soon as possible if you have any questions about your deposit, withdrawal, trading, etc. Many brokers have a 24/7 customer support service.

In conclusion, finding the best forex broker is not an easy task therefore firstly research the above things before register with a broker.

Top Rated Forex Brokers List

Broker
Regulation
Min. Deposit
Max. Leverage
Trading Platforms
Visit Site
fxcm logoASIC, FCA$501:200
MT4, Trading StationClick Here
IG logoFCA, ASIC, MAS, JFSA, DIFC, CFTC, FINMAGBP 2501:30MT4, IG ProprietaryClick Here
pepperstone logoFCA, ASIC$2001:500MT4, MT5, cTraderClick Here
oanda logoFCA, MAS, ASIC, CFTC, NFA, IIROCN/A50:1MT4, fxTradeClick Here
forex.com logoASIC, FCA, IIROC, CFTC$501:200MT4, FOREX.com PlatformsClick Here
dukascopy logoFINMA$10001:200MT4, JForexClick Here
ic market logoASIC$2001:500MT4, MT5, cTraderClick Here
markets.com logoCySEC
$1001:300Markets.com Web, Markets.com MobileClick Here
xm logoCySEC,FCA, ASIC
$51:500MT4, MT5, XM WebTraderClick Here
etoro logoCySEC, FCA, ASIC$2001:30eToro PlatformClick Here
city index logoFCAGBP1001:400MT4 ,Advantage Web, AT Pro, Mobile Trading Apps
Click Here
xtb logoFCA, IFSC, KNF, CNMV$2501:200MT4, xStation5Click Here
plus500 logoFCA, CySEC, ASIC, MAS$1001:30Plus500 PlatformClick Here
Amana capital logoFCA, CySEC, DFSA$501:500MT4, MT5Click Here
tickmill logoFCA, FSA, CySEC
$251:500MT4Click Here

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