The Top Rated Forex Brokers List
Choosing the right Forex broker can be an overwhelming task, and with so many different brokerage services available today, you might be scratching your head wondering which is best suited for you.
Most Trusted and Reputable Forex Brokers
|#||Broker||Min Deposit||Regulation||Visit Site|
|$100||CySEC, FSB||Visit Broker
|$100||FCA (UK), CySEC, ASIC||Visit Broker
|$50||CySEC, FCA||Visit Broker
The Top 2 Broker List
Markets: For those looking for an online broker with fast execution, tight spreads and a competitive edge then Markets are well worth looking into.
With multiple platforms to choose from including MetaTrader 4. With peace of mind knowing they are registered by the major regulators and licensed by CySEC and FSB. Markets are a highly reputable firm.
Plus500: There is a good reason why Plus500 have made the top 3 and that’s because they are one of the leading providers of contracts for different CFD’s with facilities for shares, forex, commodities, ETF’s, options and offer a portfolio of over 1000 instruments.
Because of their low deposit requirements, Plus500 is an ideal choice for first time traders.
One reason why I’ve personally moved to Plus500 is because of their new Web Trader. The advanced technology they offer with such a clean and user-friendly interface is perfect for monitoring the markets.
If you’re looking for a trustworthy broker that looks after their clients, I highly recommend visiting their website for further research.
Forex Brokers To Avoid
With an influx of traders and money poured into Forex comes shady brokers that will do anything to take your money.
This is why I always recommend going with a reputable firm that is well regulated, well known and trusted within the Forex community.
After researching major forex broker review sites, I’ve compiled a list Forex Brokers to be very cautious of.
What To Look For When Choosing A Broker
By now you’re probably aware that you can’t start trading unless you have a broker.
Before you rush in and partner with a broker it’s important to do your research and due diligence to avoid any future problems.
Here are a few things to consider when conducting your research.
- What are the minimums?
A lot of brokers require a minimum deposit for opening an account.
- What are the margins?
What kind of margins are involved.
- Withdrawal Restrictions?
What kind of withdrawal restrictions are there if any.
- Fee Structure
Different brokers will have different fees, so it’s important to look into their fee structure.
- What Kind of Bonus Is Available
Be sure to read the terms and conditions, some brokers require x amount of trades before withdrawing.