Are you betting that the Euro (EUR) currency will rise in value against the US Dollar (USD)? Then you will have to trade the EUR/USD pair. It is essential to note that forex is the biggest market in the world.
4
Payment methods
Trading platforms
Regulated by
Support
Min.Deposit
Leverage max
Currency Pairs
Classification
Mobile App
Min.Deposit
$100
Spread min.
Variables pips
Leverage max
100
Currency Pairs
40
Trading platforms
Funding Methods
Regulated by
FCA
What you can trade
Forex
Indices
Actions
Cryptocurrencies
Raw Materials
Average spread
EUR/GBP
-
EUR/USD
-
EUR/JPY
0.3
EUR/CHF
0.2
GBP/USD
0.0
GBP/JPY
0.1
GBP/CHF
0.3
USD/JPY
0.0
USD/CHF
0.2
CHF/JPY
0.3
Additional Fee
Continuous rate
Variables
Conversión
Variables pips
Regulation
Yes
FCA
No
CYSEC
No
ASIC
No
CFTC
No
NFA
No
BAFIN
No
CMA
No
SCB
No
DFSA
No
CBFSAI
No
BVIFSC
No
FSCA
No
FSA
No
FFAJ
No
ADGM
No
FRSA
71% of retail investor accounts lose money when trading CFDs with this provider.
Min.Deposit
$100
Spread min.
- pips
Leverage max
400
Currency Pairs
50
Trading platforms
Funding Methods
Regulated by
CYSECASICCBFSAIBVIFSCFSCAFSAFFAJADGMFRSA
What you can trade
Forex
Indices
Actions
Cryptocurrencies
Raw Materials
Etfs
Average spread
EUR/GBP
1
EUR/USD
0.9
EUR/JPY
1
EUR/CHF
1
GBP/USD
1
GBP/JPY
1
GBP/CHF
1
USD/JPY
1
USD/CHF
1
CHF/JPY
1
Additional Fee
Continuous rate
-
Conversión
- pips
Regulation
No
FCA
Yes
CYSEC
Yes
ASIC
No
CFTC
No
NFA
No
BAFIN
No
CMA
No
SCB
No
DFSA
Yes
CBFSAI
Yes
BVIFSC
Yes
FSCA
Yes
FSA
Yes
FFAJ
Yes
ADGM
Yes
FRSA
71% of retail investor accounts lose money when trading CFDs with this provider.
Min.Deposit
$10
Spread min.
- pips
Leverage max
10
Currency Pairs
60
Trading platforms
Funding Methods
What you can trade
Forex
Indices
Cryptocurrencies
Average spread
EUR/GBP
1
EUR/USD
1
EUR/JPY
1
EUR/CHF
1
GBP/USD
1
GBP/JPY
1
GBP/CHF
1
USD/JPY
1
USD/CHF
1
CHF/JPY
1
Additional Fee
Continuous rate
-
Conversión
- pips
Regulation
No
FCA
No
CYSEC
No
ASIC
No
CFTC
No
NFA
No
BAFIN
No
CMA
No
SCB
No
DFSA
No
CBFSAI
No
BVIFSC
No
FSCA
No
FSA
No
FFAJ
No
ADGM
No
FRSA
Your capital is at risk.
Min.Deposit
$50
Spread min.
- pips
Leverage max
500
Currency Pairs
40
Trading platforms
Funding Methods
What you can trade
Forex
Indices
Actions
Raw Materials
Average spread
EUR/GBP
-
EUR/USD
-
EUR/JPY
-
EUR/CHF
-
GBP/USD
-
GBP/JPY
-
GBP/CHF
-
USD/JPY
-
USD/CHF
-
CHF/JPY
-
Additional Fee
Continuous rate
-
Conversión
- pips
Regulation
No
FCA
No
CYSEC
No
ASIC
No
CFTC
No
NFA
No
BAFIN
No
CMA
No
SCB
No
DFSA
No
CBFSAI
No
BVIFSC
No
FSCA
No
FSA
No
FFAJ
No
ADGM
No
FRSA
71% of retail investor accounts lose money when trading CFDs with this provider.
To involve yourself in the forex market, you will need to have a currency broker to help in trading currencies.
Choosing the right broker determines how far you will go in your trades and your returns.
Hence, it is needful to note the proper steps to take before moving forward. In this article, we will take a detailed look at the best online currency brokers and how to choose them.
The best forex brokers
- IG
IG is one of the most regulated and trusted sites in the world. It offers forex traders lots of excellent tools and tradable products for them to perform better.
This good broker also offers research tools and vital information on informative rates.
HYCM is one of the best online currency brokers in the world right now. It is fully regulated and allows traders to start with a minimum deposit of $100 and a spread from 0,2 pips.
This broker is safe and easy to use. However, it is an excellent choice to use as a forex trader.
Saxo Bank is for traders who can afford the USD 10,000 minimum deposit (GBP 500).
This broker offers excellent tools, competitive pricing, unique trading platforms, and more than ten thousand trading instruments.
It is essential to note that Saxo Bank has perfected its user-interface design and user-experience process with news and research options; thus, giving you a memorable trading experience.
- TD Ameritrade
TD Ameritrade has more than 80 currency-trading pairs together with a plethora of tools to trade within the forex market. It has the right trading tools and competitive pricing for traders.
- com
Forex.com has lots of trading options for forex traders out there. It has full-feature platforms and a plethora of trading tools for forex traders. It is a good broker in the forex market.
- CityIndex
City Index is one of the best brokers in the world. It is a multi-asset forex broker that is tested and trusted, and it is regulated in Singapore.
This broker takes care of the different sets of forex, from newbies to experts. It also offers one of the best active trader programs for high-profile investors.
- XTB
This is a trusted multi-asset broker in different financial markets. This forex broker has well-rounded and competitive pricing for traders. It also has superb customer service.
AvaTrade - Established Broker With Commission-Free Trades
- Minimum deposit of just 250 USD to get lifetime access to all the VIP channels
- Awarded Best Global MT4 Forex Broker
- Pay 0% on all CFD instruments
- Thousands of CFD assets to trade
- Leverage facilities available
- Instantly deposit funds with a debit/credit card
Final Words
These are the best forex broker to choose. It is essential also to know that there are lots of forex brokers out there; you need to check out some criteria before choosing one.
The conditions such as reputation, regulation, trading platform and features, payment and withdrawal methods, and customer support should be considered.
It is also necessary to seek advice, read reviews, and research before choosing a forex broker out there. The right broker is essential if you want to succeed in the forex market.