Mention the word ‘forex’ in a crowd, and it won’t be a new word among most of the folks. The reason is that the forex market is on a constant rise, with currently trading over $5 trillion a day.
Our Forex Signals
1 - month
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Up to 5 signals daily
76% success rate
Entry, take profit & stop loss
Amount to risk per trade
Risk reward ratiomonth
3 - month
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Up to 5 signals daily
76% success rate
Entry, take profit & stop loss
Amount to risk per trade
Risk reward ratiomonth
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6 - month
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Up to 5 signals daily
76% success rate
Entry, take profit & stop loss
Amount to risk per trade
Risk reward ratiomonth
Lifetime
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Up to 5 signals daily
76% success rate
Entry, take profit & stop loss
Amount to risk per trade
Risk reward ratioSeparate Swing Trading Group
Up to 5 signals daily
76% success rate
Entry, take profit & stop loss
Amount to risk per trade
Risk reward ratiomonth
1 - month
Subscription
Up to 5 signals daily
76% success rate
Entry, take profit & stop loss
Amount to risk per trade
Risk reward ratiomonth
3 - month
Subscription
Up to 5 signals daily
76% success rate
Entry, take profit & stop loss
Amount to risk per trade
Risk reward ratiomonth
Most popular
6 - month
Subscription
Up to 5 signals daily
76% success rate
Entry, take profit & stop loss
Amount to risk per trade
Risk reward ratiomonth
Lifetime
Subscription
Up to 5 signals daily
76% success rate
Entry, take profit & stop loss
Amount to risk per trade
Risk reward ratioSeparate Swing Trading Group
Up to 5 signals daily
76% success rate
Entry, take profit & stop loss
Amount to risk per trade
Risk reward ratiomonth
4 Providers that match your filters
Payment methods
Trading platforms
Regulated by
Support
Min.Deposit
Leverage max
Currency Pairs
Classification
Mobile App
Rating
Total cost
$ 0
Commission
3.5
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.
Rating
Total cost
$ 0
Commission
0
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.
Rating
Total cost
$ 0
Commission
6.00
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.
Rating
Total cost
$ 0
Commission
0.1
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.
But what makes the forex market so good?
There are several reasons why the market is attracting a lot of traders. One of the reasons is that the market is easily accessible.
However, the primary reason for the rapid growth of the forex market is the influence of the forex brokers.
A forex broker is basically an intermediary executing transaction order on behalf of the client. Brokers provide a platform for traders to buy as well as sell currencies.
Having the best broker is all you need to start trading forex. Through a forex broker, any trader can easily access the forex market.
Roles of a Forex Trader
Undoubtedly, a broker plays a pivotal role in the forex market. But as a beginner, do you understand what role the brokers play? Here are some of the primary characters of a forex broker:
The connection between the market and the Trader
At the minimum, a forex trader is simply a link between the market and the retail Trader. The broker overs any trader access to the market.
For instance, it would be impossible for novice traders to go head-to-head with the professional traders in the market.
Therefore, the brokers come in to help to reduce the gap and improve the retail traders with a platform best for trading.
Trade on behalf of Traders
Sometimes some traders can offer to make the trades on behalf of traders. The broker provides experience and hence makes it even better for retail traders to get more profits than they could have done it themselves.
There’re several ways a trader can make money in the forex market, with brokers being one of the popular routes. Furthermore, they can make use of forex robots (Expert Advisors EAs).
Educating Traders
The forex market may not be as simple as it may seem. In fact, the forex market requires a lot of education and patience. Therefore, the brokers can provide the best education for any trader.
But, how does the whole process with a forex broker work?
Apart from the Trader requiring capital to start trading on the forex market, a broker is equally essential.
A trader starts by opening an account on the platform of the broker where all trades are made. An initial deposit is required to start trading ranging from a minimum of $10.
The forex market works in that a trader buys a given currency pair at a low and then sell at a high to make a profit. The broker then takes a certain proportion from the trades made charged in pips (a measure of the currency pairs).
Nevertheless, being successful in the forex market starts with the type of broker a trader chooses. There’re a lot of brokers with both offering various options.
Therefore, it’s the work of any trader to ensure that the selected broker is reliable and has a good reputation.
Therefore, a lot of time is required to study every broker. A lot of reviews online about the broker can help you stay ahead about a particular broker. You won’t want to let a non-reputable broker handle your hard-earned money.
AvaTrade - Established Broker With Commission-Free Trades
- Minimum deposit of just 250 USD to get lifetime access to all the VIP channels
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- Pay 0% on all CFD instruments
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- Leverage facilities available
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If you are looking for a top forex broker, you can turn to our list of forex brokers. Please beware that you should always do your very own research and take your time. Before starting real trading, you should open a demo account first with everyone on your interested-brokers list so that you can try each for a while.
Consequently, if you wish to trade in forex continuously, you’d need a reliable broker, and education is the key to get your hands on the right one.
