Top 10 Best Forex Brokers Review 2019 The very best Forex Broker
Well, apparently youre looking for thebest forex broker in the world, right?
OurTop 10of the best forex brokers its right for you then.
Over time we have created several lists on the best forex brokers in every category (find themat the bottom of this post).
But here we have gathered the verybest of the best, the biggest trusted forex brokers in the world, with peaks of excellence in the quality of services.
This order is not necessarily a ranking, were talking about the top forex brokers around the world, thequality is very high in all cases, and it is therefore very difficult to find a real ranking.
Anyway, here is our list of the top 10 forex brokers renowned all over the world, with ashort review too.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money
Here are our top 10 best forex brokers review 2019.
Founded in 2010 Pepperstone has quickly became one of the largest and most important Australian broker (in 2016 they reported an annual growth of 20% each year). Their headquarters is in Melbourne, but they also have offices in Dallas and Shangai. The most important Pepperstone features is without a doubt the ECN trading system, one of the best in the industry.Pepperstoneoffers various types of account to fill every clients needs, from the more normal trader, to the high volume one, to the EA user, etc. You have the Standard account, the Razor, the Swap Free and the Active Traders. To be noted also the partnership with Equinix, a Nasdaq company, a financial network placed near Wall Street, a strategic place to be able to get the best prices.
Founded in 2006, the English broker FxPro has always been one of the key broker for the NDD category, a category in which many traders are particularly interested. FxPro has also won several awards over the years for its trading platforms, from the MetaTrader to the cTrader.FxProalso proposes several new technologies that make it a very state of the art broker from this point of view, particularly for those users who prefer automated trading. Services like cAlgo Algorithmic Trading, FxPro Library, FxPro Quant Strategy Builder and FxPro VPS are definitely worth trying if you want to automate your strategy.
IC Markets, founded in 2007 and based in Sydney, is the first Australian forex broker, and one of the biggest in the world, also booming in recent years.IC Marketsis renowned for its cutting-edge ECN technology, a factor that has enabled it to become one of the best brokers in terms of spread. For this reason, this broker is often the first choice of scalpers and day traders, i.e. traders with a high volume of daily operations.
Another giant of the Forex sector, well known all over the world and based in Cyprus, Plus500 is a CFD Provider, market maker type. With Plus500, in addition to the major forex currency pairs, you can access around 2000 tradable CFDs. Plus500 does not offer trading through the classic MT4 or MT5 platforms, but only through its own web, desktop and mobile platforms, expressly designed to improve the CFD trading experience.Plus500can be a good choice for those who want to start trading, given the ease of use of its proprietary platforms.
Regulations: Plus500UK Ltd authorized & regulated by the FCA (509909); Plus500CY Ltd authorized & regulated by CySEC (250/14); Plus500SG Pte Ltd, licensed by the MAS (CMS100648-1) and IE Singapore (PLUS/CBL/2018); Plus500AU Pty Ltd (ACN 153301681), licensed by: ASIC in Australia, AFSL 417727, FMA in New Zealand, FSP 486026; Authorised Financial Services Provider in South Africa, FSP 47546. (You do not own or have any rights to the underlying assets. Please refer to the Disclosure documents available on the website.)
Headquarter: Plus500 Ltd. is headquartered in Haifa Israel
Other instruments: CFDs on indices, stocks, cryptocurrencies, commodities, options, ETFs
As written directly on the home page MARKETS.COM is operated by Safecap, a subsidiary of Playtech PLC which is traded on the London Stock Exchanges Main Market and is a constituent of the FTSE 250 Index.Markets.comis one of the fastest growing broker in recent years, thanks to the significant investments made and the quality of their services (in particular the multilingual support department, available 24/5, for which they even received several awards). As the domain name may suggest, the goal of this broker is to provide coverage on as many markets as possible, so as to become the reference point not only for forex brokers, but for the whole universe of online trading.
Among the old English brokers in the industry, founded back in 1974, IG Markets is renowned for the reliability and the quality of service and for being one among the brokers with the highest number of CFDs an investor can have access to, more than 10,000 to be precise. Until a few years ago this broker was among the few not supporting the MetaTrader platform, but just the ProRealTime one, even though today it also integrates the most popular MT4 and the L2 Dealer, to better meet the needs of many customers.
Broker of Canadian origin, founded in 1995, Oanda is among the biggest player regarding specifically the Forex market. It has been estimated that about 20% of spot forex daily operations passes through the Oanda servers. In addition to the classic MT4, Oanda provides its own WebTrader with which you can operate with a Cent Account, i.e. you can trade with very little quantities (fractions of microlots). This feature allows you to work with a good money management even with accounts of a few tens of dollars.
More than a broker, we are in the presence of a bank, so much so that it is regulated as such. Saxo Bank, a Danish company founded in 1992, is definitely not for all budgets having a minimum deposit of $ 10,000. Once inside, however, you can have access to a broker with very high professionalism and the ability to trade also on real instruments such as futures, options and bonds.
Together with Oanda, Forex.com, founded in 1999 in New Jersey, its another attractive alternative for US customers. In fact, this broker, thanks to the closure of the US market to foreign competition, is now the largest broker in terms of daily trading volumes. In addition to size, Forex.com is also distinguished by the large number of regulations around the world it complies with, and element indicating the high level of safety and professionalism. In addition to MT4, the Forex.com customers can also access the FOREXTrader Pro platform and GTX Forex ECN (for large or institutional clients).
XM, founded in 2009 in Cyprus, is the largest forex brokers in Cyprus, and third in the world, with an important rate of growth in recent years. In terms of platforms,XMonly offers the MT4 and MT5, but where it excels is definitely in the orders execution technology, which is why it is very popular among very active day traders (also considered the highly leveraged granted which can go up to 888:1)
How about Learn To Trade. Where does it feature in the rankings?
Sorry Andrew. We dont know this broker so I cant answer you.
Hi Frikkie. Im sorry, we dont know this broker for now
Your email address will not be published.Required fields are marked*
Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility. The Authors accept no responsibility for any possible direct or indirect damage arising from the readers investment decisions. We reserve the right to not publish or delete any comment for any reason whatsoever.