Best Forex Brokers

Editor choice

Best Brokers in January, 2021


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Fact-Checked and Verified Brokers

With Investment Protection

Commission range Low, medium
Education Quality FAQ, Training class, Video, webinar
Trading Platform & Apps Mt4, Mt5, Webtrader, Android, IOS, Mac OS, Windows
Regulation Fully regulated by several financial authorities
Trading Portfolio CFD, Crypto, Energy, ETF, Forex, Fx, Gold, Share
Last updated on January 18, 2021 12:35 am
Category:

We have reviewed all top tier currency brokers and shortlisted the best forex brokers based on their fees, support, regulation, platform, and more critical factors.
P.S. All reviews are written by experts | We are 100% independent.

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Fx.

Best Forex Trading Platforms in 2021

Updated January, 2021

Every year, we evaluate over hundreds of currency brokers to shortlist the best forex brokers and help you to have access to a reliable source, and trade safely 

Our editorial team often reviews the brokerage services, fees, currency pairs, charting tools, deposit fees and withdrawals, forex account types, trading platforms, response time, and many more factors to be able to rate them accordingly. We have done the research, so you can focus on trading.

AvaTrade Review
Deal
2 months ago

AvaTrade Review

AvaTrade is one of the best regulated low fees brokers that offers CFD & Forex trading platform to beginners and professional traders.
Fusion Markets Review
Deal
2 months ago

Fusion Markets Review

Markets.com is a stock-exchange listed broker with 2 brands: MarketsX & MarketsI, one for CFD trading & the other for investment.
FXCM Review
Deal
2 months ago

FXCM Review

ForexTime or FXTM is a regulated online broker that offers great trading platform and allows you to follow other traders and focus on Copy Trading. ON the negative side, it charges high stock CFD fees. There are small fees for inactivity and withdrawal too.
eToro Review
Sale
2 months ago

eToro Review

$200.00 $0.00
With about 1900 Stocks CFDs & 47 currency pairs, eToro is one of the best copy trading platforms for beginners and Pros. It is regulated in Australia, Cyprus, and UK financial authorities.

To help you find the best forex brokers in 2021 we have prepared the list below that contains top currency brokers and everything you need to know about them to trade successfully; Let’s get to the reviews, shall we!

1.

Best Low Fees Broker

AvaTrade

8.8Expert Score
Best Forex Brokers
AvaTrade Review
AvaTrade is one of the most popular regulated brokers that offers CFDs, & Crypto & FX with 56 currency pairs. On the bright side, AvaTrade charges low fees for trading both CFDs and Forex. The negative point is that the charge high inactivity fees.
Trading Platform
9
Commission
9
Research & Tools
7
Education
9
Customer Support
8
Investor Protection
8
PROS
  • Offers Low Trading Fees
  • Multiple Base Currencies
  • Customisable Dashboard
  • Regulated in many countries
  • Free & Fast Withdrawal
CONS
  • Investment protection is only available in the EU Countries
  • You will be charges "Administrative and Inactivity" fees
  • Web trading platform is not that user-friendly

$:

How Much is AvaTrade Fees

in 2021

AvaTrade does not charge commission and all the fees that you pay, overall, is very low. In fact, their revenue is more on spreads. For deposit and withdraws, you might be able to use PayPal to deposit money to your account. Credit card, Wire transfer (NatWest, Barclays, UniCredit), Neteller, Webmoney, and 20 more payment methods are available.

The fees for S&P 500 CFD, Europe 50 CFD, EUR USD are built into spread.
✓ For S&P 500 CFD the fee is 0.5 average spread cost, which is considered to be low.
✓ For Europe 50 CFD the fee is 1 pips average spread cost, which is considered to be low.
✕ For EURUSD the fee is 0.9 pips average spread cost, which is considered to be high.

Let’s have a look at Forex fees and compare it with XM & Plus500.

Forex ScenarioAvaTradeXMPlus500
EURUSD19.217.117.2
GBPUSD15.713.814
AUDUSD1213.912.6
EURCHF8.59.19
EURGBP1412.212.6

P:

Best Forex Products to trade in 2021

in 2021

AvaTrade portfolio is limited to CFD & Forex CFDs, that means no real assets or shares are available yet.
You won’t be able to change the leverage level, This is a negative point.

To trade cryptocurrencies and the other CFDs such as commodities, ETF, Stock index CFDs, etc. you should check our best CFD brokers list.

Like eToro, AvaTrade also allows social trading or copy trading. That means you can follow experienced traders history and follow their portfolio. To make this happen, Avatrade is using DupliTrade and ZuluTrade.

Vs:

Compare AvaTrade alternatives 

AvaTrade Trading Platform Alternatives

AvaTrade’s trading platforms are great for both beginners and professional traders. MetaTrader 4 is the default platform that you can use and since it is familiar to all traders, you can easily get onboard and fully customise your reports and charting.

You can trade on all three forex trading platforms:
AvaTrade also uses web trading platform is powered by “Web Trader” which is good for those who don’t want to install anything on their system.

The desktop trading is available for windows and Mac users too.
“AvaTradeGO” is the broker’s mobile trading App for smartphones: Android and IOS.
AvaOptions is the in-house platform that they’ve built. It offers all functionalities and works really smooth. Ava Options include professional risk management tools, portfolio simulations for pros.

The platform is user-friendly and easy to use. Let’s have a look:

Forex traders who are looking for robo-advisors, and auto-trading can utilise AvaTrade’s integration with Zulu, DupliTrade, and MQL 5. You can easily access trading signals using these tools.

“Market Trends” is a feature in AvaOptions that helps you with real time market research.

R:

Best Regulated Brokers in Australia

Is AvaTrade safe or scam?

AvaTrade is a trusted online broker with great history of offering currency trading platform and other brokerage servicess. The firm is regulated by the following Financial regulatory body:

  • (ASIC) in Australia also known as Australian Securities and Investments Commission
  • (FSCA) in South Africa which is known as Financial Sector Conduct Authority
  • In Japan, they are governed by both (FSA) the financial service agency
  • (FFAJ) Financial Futures Association of Japan
  • The Central bank of Ireland
  • B.V.I from the British Virgin Islands

AvaTrade offers investor protection. The amount is up to €20,000 and only applicable to EU Clients.

T:

Best Forex Broker For Technical Analysis

What charting tools do you need for technical analysis?

When it comes to market research, analytical tools and technical analysis, AvaTrade offers decent services but sometimes stays just above the average.

For instance, conducting technical analysis for forex trading that means you pay attention to the historical data to manage your position and make informed decisions is easily doable with AvaOption & MeT4. If you are interested in trends, you can follow these 3:

  • Short Term
  • Intermediate
  • Long Term

Charting feature is equipped with about 90 Indicators.
Economic calendar is available and updated regularly. Here is how it looks:

E:

Best Forex Training For Beginners

How to trade and make money with FX

AvaTrade is one of the best low fee brokers for beginners. In fact, providing good educational materials is one of their acquisition strategies for attracting new traders or encouraging other traders to switch to their brokerage company.

The forex trading platforms tutorial is very high quality and pretty comprehensive. Since you’ll get your demo account, you can use the in-depth articles and practice.

One other advantage you get is having access to SharpTrader which is a learning management system that provides you with around 200 articles and trading videos on how to trade and to enhance your trading experience, and plenty of other educational tools, analysis, economic factors, and everything you need to learn how to trade forex

C:

Conclusion

Is AvaTrade Good broker for beginners?

AvaTrade Forex Products are worth giving a shot because not only AvaTrade is safe and regulated in most financial markets, their forex fees are pretty low. Well you might be charges $50 for Inactivity.

Customer service and support team’s response time is very short, and they quickly answer your phone calls or live chat sessions. The negative side is not having a 24/7 support process (So don’t count on weekends).

Maybe it does not have the best online trading platform but AvaOptions, MT4, MT5, and trading apps is strong and provides all the features that you need to begin trading.

Opening a demo account is literally instant, and switching to live account can be done in one, or max three days. Remember, the minimum deposit is $100.

AvaTrade Review
Deal
2 months ago

AvaTrade Review

AvaTrade is one of the best regulated low fees brokers that offers CFD & Forex trading platform to beginners and professional traders.
2.

Best Social Trading Broker

eToro

8.7Expert Score
Best Forex Brokers
eToro Review
With about 1900 Stocks CFDs & 47 currency pairs, eToro is one of the best copy trading platforms for beginners and Pros. It is regulated in Australia, Cyprus, and UK financial authorities. eToro offers Copy Trading, Social Trading to all traders. Beside charging zero commission, you will have access to basic Fundamental Data and comprehensive technical analysis tools, and charts.
Trading Platform
9
Commission
10
Research & Tools
9
Education
8.5
Investor Protection
9
Customer Support
7.5
PROS
  • Free commission stocks is available in EU countries
  • ETF trading is available in the EU
  • Registration & account opening process is very easy
  • Copy Trading & Social Trading is Available
  • Offers Basic Fundamental Data
CONS
  • It charges high forex trading fees
  • You can only hold one account base currency
  • Withdrawal is not free. It costs $5 per withdraw.

0%

The Best zero commission broker

Best No Commission Brokers

How much is eToro fees? Fees, commissions, and spreads change from broker to broker. Below I have listed a couple of major products and how much eToro charges you.

eToro fees for S&P 500 CFD, Europe 50 CFD, EUR USD are built into spread and as follows:

✓ For S&P 500 CFD the fee is 0.75 average spread cost, which is considered to be low.
✓ The Fees for Europe 50 CFD, and Euro-USD is 3 average spread cost, which is considered low.
✓ You will be charged $10/m after one year of inactivity.

There is no stamp duty and Financial Transaction Tax on you because eToro take in the cost. So, you can actually save this much: “of 0.5% in the UK, 1% in Ireland, 0.3% in France, and 0.1% in Italy”.

Leverage matters to all Forex traders and traders who chose eToro Are Allowed to change the leverage when trading Fx.

Let’s have a look at Forex fees and compare it with Plus500 & Markets.com.

Benchmark FeeeToroPlus500MarketsX
EURUSD$19.6$17.9$24.5
GBPUSD$16.2$14$25
AUDUSD$12.4$12.6$25.1
EURCHF$11.8$9$22.1
EURGBP$19.9$14.6$20.5

B:

Best Forex Products to trade For Beginners

Best Currency Pairs

Thinking of what to trade today, and where to invest?

eToro offers and trading instruments can vary depending on your trading strategy. Generally the list below is available to all traders.

  • CFD
  • Forex
  • Real Stocks
  • ETFs
  • Crypto Currency
  • Social Trading
  • Copy Portfolio
  • Copy Trade

Copy Trader is someone who monitors the lead traders in the market and follows their trading strategy. With eToro, you can copy up to 100 traders’ portfolio all at once and browse through their portfolio. 

Tip: Min investment per trade is $200 and Max is Half a million.

L:

Essential Financial Licenses

Is eToro licensed?

eToro was established in 2007 where they started as a fin-tech Israel-based startup. Today the company is regulated by the following financial authorities:

Australia,
Cyprus,
UK
The Financial Conduct Authority (FCA),
Investment Commission (ASIC),
(GySEC) Cyprus Securities and Exchange Commission.

eToro offers investor protection. The protection covers up to £85,000 for UK residents, and €20,000 for non-UK residents.

S:

Best Broker For Research

WHat charting tools do you need?

eToro market research is comprehensive and easy to search through. Price alert can be configured for times that your preferred asset reaches certain price range. This way you will be notified based on the trigger that you’ve configured.

The advanced charting feature is pretty insightful and very good for experienced traders.
When conducting technical analysis or working with dashboard, it saves automatically and equip you with over 70 indicators.

Economic calendar is a good tool to monitor volatility of different assets every quarter. eToro’s Economic Calendar gives you access and insights about certain events throughout the year, so you can see what event is impacting the market.

Here is how the portfolio dashboard looks like:

E:

Best Forex Trading in Australia

Videos Vs Articles

We think eToro offers education through different channels, and they are sufficient to get started.

  1. eToro webinars are available on demand. During the webinar you’ll learn more about their trading platform features.
  2. Podcast and audios to follow with your preferred topic.
  3. There is also Market Watch, where you can focus more on technical analysis, and ask your questions for more clarification. This is conducted on a weekly basis.
  4. For those in London, you can attend classroom trading. In that class apart from eToro platform, you’ll get a crash course on online trading.
  5. You will get a demo account and 100k balance to practice.
  6. eToro learning lab has plenty of recorded videos that walks a beginner through A-Z of trading.

X:

Expert Reviews & Recommendations

Should you choose eToro?

eToro is one of the best copy trading brokers and forex brokers that keeps innovating their services. The brokerage company is a fully-regulated broker that offers Forex trading and offers zero-commission stock trading.

Education is pretty good and available via, webinars, classroom training, videos, and a demo account with $100k virtual money to practice and learn. With around 47 currency pairs and 1900 Stocks CFDs, you can confidently find the right instrument to trade.

Not only the account opening process is automated and smooth, but also it allows you to follow the other traders and perform social trading, copy trading, and portfolio trading.

Although it does not charge commission but forex fees are comparatively high. The only base currency that you can keep your money is USD accounts, that can result in incurring conversion fees later.

eToro’s support team responds fast if you use their live chat service, but you may get stock for up to 7 days when asking for help via email.

eToro Review
Sale
2 months ago

eToro Review

$200.00 $0.00
With about 1900 Stocks CFDs & 47 currency pairs, eToro is one of the best copy trading platforms for beginners and Pros. It is regulated in Australia, Cyprus, and UK financial authorities.
3.

Best Currency Brokers in Australia

Axi, Australia-based broker

8.3Expert Score
Best Forex Brokers
Axi Review
Axi or previously known as AxiTrader is one of top regulated brokers that offers Forex & CFD trading and Spreads from 0.0 and 0.4 pips. The research tools and charting is pretty comprehensive and customisable. In terms of fees, you will have leverage of 400:1 and they are among top 5 brokers that charge very low trading fees, and no inactivity fees.
Trading Platform
8
Commission
8.5
Research & Tools
9
Education
9
Investor Protection
7
Customer Support
8
PROS
  • Low Non-Trading fees
  • Low Forex Fees
  • Low CFD Fees
  • No Withdrawal Fees
  • No minimum deposit
CONS
  • Limited portfolio & offers (Only CFD, Forex)
  • Investment protection is not available in all countries
  • Axi does not provide fundamental data

UK:

Best Fx Broker in UK?

Axi in UK and Australia in 2021

Generally speaking, most online brokers (AxiTrader included) charge you fees in these categories.

Adjusting leverage is essential for traders and Axi allows you to change the leverage.

Axi’s fees are built into spreads:

✓ S&P 500 CFD fee is low and around 0.6 average spread cost.
✓ For GBPUSD and EURUSD the commission is $3.5 per lot, which both are pretty low. You’ll be charged a small spread too.
✓ AxiTrader does not charge extra fees such as inactivity fees.

The table below provides a deeper insight of Axi’s fees and help you compare online brokers, side by side.:

Let’s have a look at Forex fees and compare it with Pepperstone & IC markets.

Forex ScenarioAxiTraderPepperstoneIC Markets
EURUSD$13.8$14.9$15.8
GBPUSD$11.6$12.5$12.1
AUDUSD$9.5$11.9$10.6
EURCHF$1.1$3.7$4.8
EURGBP$11$10.6$9.9

A:

Best Forex Trading Platforms in UK

Trading Apps, MT4, MT5

AxiTrader’s online trading platforms are useful for those who just started trading and traders with years of experience. In fact, MetaTrader 4 is their default platform that you can use and since most forex traders are familiar with it, onboarding process becomes very smooth.

Apart from PC based and Mac-Based trading software, AxiTrader offers web traders who prefer browser-based trading.

AxiTrader have build its own trading platform too. It’s called “PsyQuation” which is an AI-driven analytics platform.

With PsyQuation, MT4 users have access to actionable strategies and ideas to improve their trading performance and strategies. AxiTrade claims that it is tested on 140,000+ traders.

$:

Best Currency Pairs to Trade in 2021

EURUSD, EUR AUD

AxiTrader’s portfolio has positive and negative sides. Trading products & offers are comparatively lower than the other top FX brokers, but $0 Starting deposit and 140+ Products is a good place to start.

If you are an experienced forex trader, they you probably have your own strategy and want to adjust the leverage.  The positive side is that you can change the default leverage which comes very handy for online currency traders.

Overall, the main trading options that you can find in AxiTrader are:

  • Stock Index CFD
  • Foreign Currency, Forex with 80 currency pairs
  • Commodity Contract for Difference
AU:

Best Fx Broker in Australia

ASIC regulated

AxiTrader is the old name of Axi brokerage company. Axi is a well-known Australia based brokerage firm and belongs to AxiCorp Financial Services Pty Ltd (AxiCorp).

The forex broker is regulated by:

  • Dubai Financial Services Authority (DFSA)
  • Australia’s financial authority: the Securities and Investments Commission (ASIC).
  • AxiCorp (ACN 127 606 348 and NZBN 9429042567608) holds an Australian Financial Services Licence (AFSL number 318232).
  • AxiTrader is not publicly listed on stock exchange.

AxiTrader’s investment protection, especially if you are from Europe, is up to £85,000

ECN:

Best Forex Accounts For Beginners

Seamless account opening process

When it comes to research, AxiTrader offer news feeds, and share it through its MetaTrader Platform, and daily updates its website. Decent technical analysis tools (in 21 languages) is at your disposal, So you can enjoy the UI and user-friendliness of the trading platform and perform technical analysis with up to 31 indicators (including trend lines and Fibonacci retracement, etc.)

AxiTrader offers news through the MetaTrader 4 platform. This is great, as many other brokers using the MT4 platform don’t offer news. On the negative side, the news lacks charts and other visual elements.

We liked the market analysis section, which can be found on the website under ‘Market News & Blog.’

There is also an economic calendar available that has a lot of filters, such as for country or category, which is a great feature.

AxiTrader also offers news through its website. The articles are of good quality, and they are updated daily

S:

Best Fx Broker in Ireland

Training, Calls, Chat, Support

AxiTrader offers fair education for beginners and even better quality training for experts. Here are 5 categories of education that you’ll get:

  • Tutorials
  • tips
  • Videos
  • E-Books
  • Tools

In Partnership with Knightsbridge Trading Academy, you will be able to join an online trading courses that is provided by the London Stock Exchange.
The trading course is accredited by the academy and as stated worth about “$2,750”. Good news is that you won’t pay for it if you meet any of the criteria mentioned in the image below:

Additionally, you can open AxiTrader demo accounts which is free for 30 days or permanently available if you choose to switch to any live account.

B:

The Best Forex Broker For Beginners

Newbies and Beginners

Overall, Axi is a safe and regulated broker. It’s known as one of top 10 broker list of no deposit brokerage firms.

Since it charges you very low fees for forex trading, you can even consider them among the other best low fee brokers for foreign currency trading.

When it comes to online trading, customer care becomes very important to FX traders. AxiTrader’s support team respond fast via email, phone calls, and also available to talk via live chat, but they have yet to establish a 24/7 support process.

With 80 currency pairs and low fee trading opportunities, AxiTrader one of the best no deposit forex brokers for beginners. While you can easily do technical analysis and use its charting feature, no Fundamental data or trading ideas are available.

AxiTrader’s Education & tutorials are very easy to understand and high quality. Besides having a demo account, you can easily begin trading with zero minimum deposit.

AxiTrader have already developed an AI powered trading platform that integrates with MT4. It’s called “PsyQuation” and enables you to have access to actionable strategies and ideas to improve your trading strategies.

Axi Review (AxiTrader)
Deal
2 months ago

Axi Review (AxiTrader)

Axi or previously known as AxiTrader is one of top regulated brokers that offers Forex & CFD trading and Spreads from 0.0 and 0.4 pips. The research tools and charting is pretty comprehensive and customisable.
4.

Best ECN Brokers in 2021

FXTM

8Expert Score
Best Forex Brokers
FXTM Review
ForexTime or FXTM is a regulated online broker that offers great trading platform and allows you to follow other traders and focus on Copy Trading. ON the negative side, it charges high stock CFD fees. There are small fees for inactivity and withdrawal too.
Trading Platform
7
Commission
8
Research & Tools
7
Education
7
Investor Protection
9
Customer Support
8
PROS
  • Low-to-Average CFD Trading Fees
  • Provides Trading Ideas
  • Offers Negative balance protection
  • Well Regulated in Top-tier Financial Markets
CONS
  • It does not offer fundamental data
  • Portfolio is limited mostly to CFD and Forex
  • Comparatively High Minimum Deposit

$:

The Best ECN Forex Brokers

Management fees, Commissions, Trading fees, overnight…

FXTM Fees vary from one account type to another:

Here is an example of the commissions of ECN accounts for USD accounts with below $3000 & less than 100Million trading volume:

  • EURUSD: (1 * 100,000 * 1.21892) / 1,000,000 * 20 * 2 = 4.88 USD
  • AUDCAD: (1 * 100,000 * 0.97969) / 1,000,000 * 20 * 2 = 3.92 CAD / 1.30231 = 3.01 USD
  • XAUUSD: (1 * 100 * 1,323.25) / 1,000,000 * 20 * 2  = 5.29 USD
  • WSt30m: (1 * 10 * 24,182) / 1,000,000 * 20 * 2 = 9.67 USD
  • STOX50: (1 * 10 * 3,443.4) / 1,000,000 * 20 * 2 = 1.38 EUR * 1.15786 = 1.60 USD

The fees for S&P 500 CFD, Europe 50 CFD, EUR USD are built into spread.

✓ For S&P500 CFD the fee is 1.4 average spread fee, and Euro50 CFD the fee is 3.3 average spread fee; Both are considered to be low.
 For EURUSD the fee is 0.6 pips average spread fee, which is considered to be almost high.
✓ There will be $5/m fee for 3 months of inactivity.

To help you understand FXTM fees, we prepared a table below and compared the fees against XMXTB

Let’s have a look at Forex fees and compare it with Pepperstone & IC markets.

Benchmark FeeFXTMXMXTB
EURUSD$17.8$17.1$15
GBPUSD$15.5$13.8$11.1
AUDUSD$12.2$13.9$10
EURCHF$4.4$9.1$6.6
EURGBP$11.5$12.2$9.9

I.

Best Forex Indicators for Fx Traders

What indicators do FXTM offer?

FXTM uses MetaTrader 4 & MetaTrader 5 as it’s main trading platform. This way you can easily use Expert Advisors or EAs.

Recently FXTM launched a trading app called “FXTM Trader”. It’s a good choice to trade on-the-go, looks very professional, and allows you to work with over 250 instruments.

FXTM forex trading indicators are available via MT4. A few important ones are listed here:

  • Orders Indicator
  • Pip Value Calculator
  • Pivots SR Levels
  • Spread Indicator
  • Day Bar Info Indicator

The platform is available for Windows, Mac Os, Android, IOS. If you don’t want to install the software or trading App, you can use web trader.

G:

Best Australian Forex brokers

Should you trade Gold, CFD, FX, or shares in Australia?

The Trading opportunities that you have with FXTM trading App are:

  • Forex: Major, Minor & exotic currency pairs
  • Gold and silver
  • 180 major company shares
  • CFD Commodities, including UK, US
  • Crypto including Bitcoin, Ethereum and Litecoin
 
F:

Scam or Fully Regulated Broker

FXTM is not Scam

FXTM is not a stock-exchange listed broker but the company maintains a good reputation. In fact, FXTM is regulated in the following markets:

  • Cyprus Securities and Exchange Commission (CySEC)
  • Financial Services Commission of Mauritius (FSCA)
  • The Financial Conduct Authority (FCA)

Besides, FXTM allows you to follow experienced traders with FXTM Invest. This is FXTM’s copy trading platform.

FXTM’s investor protection amount is £85,000 in UK & €20,000 in EU

F:

Best Forex Brokers for Canadian

What broker offers best research tools in canada?

When it comes to research, Forextime.com offers a fair deal of tools such as Pivot Points Strategy to determine price direction. They Also offer updated news feeds that is available to every one. Unless you use their desktop platform, you can not set alerts and notifications on Forex time platforms.

Detailed features that you can find on Market Analysis topic are:

  • Live economic calendar.
  • Regular News feed
  • Forex News
  • Market updates (every Tuesday)
  • Quarterly market forecast
  • Annual market overview.

Forex Time offers trading ideas but you won’t find useful fundamental data.

T:

Best Forex Brokers in Asia

What is forex, how to conduct technical analysis in Asian market

FXTM AvaTrade might not be the best FX brokers for beginners, but it offers different forms of educational materials such as:

  • With “Monthly market” outlook, you can follow their discussions on a monthly basis. It covers the important events around the world.
  • Training materials and education are available in eBook format.

You might even enjoy using the interactive periodic table of trading that helps you learn the terminologies:

Here is an example when you search for Pip: “A pip, or ‘Percentage in Point’, is defined as a very small measure of change that can be seen in an exchange rate quote.”

Besides, FXTM education comes in forms of:

  • Yearly economic calendar is publicly available.
  • Webinars are regularly scheduled.
  • Articles
  • Training videos
  • Virtual seminars
  • Live Q&A that you can use and even ask their trading experts to answer your questions.

Not only you will get a demo account, you will also have access to in depth articles, and lots of videos (about platform and trading).

It’s necessary to have access to charting tools and FxTM offers the tool, however does not look that modern though.

E:

Expert Review & Conclusion

Recommendations for FXTM users

ForexTime offers modern trading app and strong Mt4 based desktop trading platform. With over 160 Stock CFDs and 48 currency pairs, you can easily fine enough currency pairs to trade Forex.

When you log in to your MyFXTM dashboard, you can see trading signals and also choose to CopyTrade. The question about its regulation and whether FXTM is scam or regulated is clearly answered here and it is a safe broker to trade with.

Market research and analytics are strong and FXTM’s customer support team respond fast via email and live chat.

Opening a demo account is literally instant, and switching to live account can be done in one, or max three days. By the way, the minimum deposit of ECN account is $500.

?

How to find the best Forex Broekrs

What is the “best forex brokers”

One of the most important factors that concern both beginners and professional traders is brokerage fees. That includes “Trading Fees” & “Non-Trading Fees”. The second priorities are trading instruments & financial products, withdrawal fees, fx trading platformresearch tools, education, and investor protection that comes after.

Before we share the top fore brokers of the year, let’s have a look at the characteristics of the best forex brokers in today’s forex market.

When it comes to Forex Trading, finding the best forex brokers in 2021 can be really difficult, especially after the financial impact of Covid-19 on literally everyone’s life, many decided to make money with trading foreign currency.

That’s where the forex scams and unregulated brokers caused a lot of pain. So, What broker should you choose?

If you are a beginner, be cautious when trading FX because the instruments are risky & you might lose your capital. In fact if you’re not ready you can start reading our trading blog and open a demo account in one of the top forex brokers to practice.

If you’re an experienced trader, then you go ahead and review the factors below and switch from your broker to the best brokers, or open a new live trading account.

Lastly, choosing the right trading platform can put you ahead of the game. Good news is that most  popular forex trading apps support the following languages.

أفضل وسطاء العملات الأجنبية in Arabic Bulgarian Chinese Croatian Czech Danish Dutch, Estonian Finnish French besten forex broker in German Greek Hebrew Hindi Hungarian broker cfd terbaik di indonesia in Indonesian migliori broker cfd in Italian Japanese Korean Latvian Lithuanian Malay Mongolian Persian Polish melhores corretoras de forex Portuguese in brazil Romanian Russian Serbian Slovak Slovenian Spanish bästa cfd-mäklare in Swedish Tajik Thai Traditional Chinese Turkish Ukrainian Uzbek Vietnamese.

Best Forex Brokers
Best Forex Brokers