We`ll help you find the perfect broker.
There are many brokers on the internet. Some scams and others reliable. However, very few of them can be trusted. We have a range of top forex brokers that we can refer you to. Traders can now open/close trades without being cheated or scammed .And most importantly depositing or withdrawing money can be done effortlessly. Our teams have been in operation with these brokers and trust their spread prices and exchange rates.
Top Forex broker Selection Criteria
These brokers have high levels of security and meet the credibility criteria according to their regional regulatory agencies. This information helps inform traders that these brokers are trustworthy and not of a fraudulent scheme.
The following are regulatory bodies:
- United states: National Futures Association (NFA) and Commodity futures Trading Commission (CFTC)
- United Kingdom: Financial Conduct Authority (FCA) and Prudential regulation Authority. (PRA)
- Australia: Australian Securities and Investment Commission (ASIC).
- Switzerland: Swiss Federal Banking Commissions (SFBC)
- Germany: Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFIN)
- France: Autorite des Marches Financiers (AMF)
- Canada: Investment information regulatory organization of Canada (IIROC).
- South Africa: South African national treasury and financial services board (FSB)
For every trade taken, investors pay brokers for either spread or commission. With that said the brokers we suggest offer the low transaction, spread and commission costs.
These brokers only hold your money to make trading easier for you. In case you were to deposit and withdraw your funds. They allow you to complete the process quickly and smoothly.
Because, most trading activity happens through a brokers ‘trading platform. These brokers offer a user friendly and stable platform. They offer free news feed, easy to use technical and charting tools and offer traders with all the information’s needed to trade properly.
These brokers fill you in at the best price possible for your orders. This way making it easier to secure positions at the current market price.
These brokers can easily be contacted when faced with problems. They offer services like live chats. making it simple for customers to speak to sales support from anywhere in the world.
Top Forex Brokers
What makes a good and reliable forex broker? First of all, fair trading fees and low withdrawal fees. They should also offer a lot of currency pairs, commodities and need to have a great platform with advanced charting. These are easy things to list, but quite hard to figure it out. We test top forex brokers based on more than one criteria with real accounts and real money. We know who is legitimate.
FXOpen is a retail and institutional forex broker.They offer online trading services via MetaTrader 4 and MetaTrader 5 trading platforms. It provides access to the electronic communication network (ECN) to execute trades in currency pairs, precious metals, CFDs and cryptocurrency pairs.