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Top 10 Forex Brokers by Top10Forex s. Forex Trading Platforms

Home Top 10 Forex Brokers by Top10Forex s. Forex Trading Platforms

Following are some information that you will require to know while deciding to go with Forex trades at any of the top Forex Brokers site we have listed out below.

Why Trade Forex Online?

There are many reasons why you should seriously consider placing Forex trades online, and if you are new to this environment it can often be something of a confusing trading environment at first, as there are many different currencies that can be paired together and lots of different trading platforms to choose from.

However, do remember that if you do decide to trade Forex online then at no point in time are you having to actually buy the two currencies you are trading against each other and therefore your costs of becoming a Forex trader are massively reduced.

When you chose to trade at any of our top 10 Forex Brokers you are only going to be placing a trade on which way you think one currency is going to move against another, and as such your leverage is far greater online.

Imagine the fuss and hassle involved with having to first buy one currency, and then if it moves in the direction you want it to then finding somewhere to sell that currency to and then buy the other one! Those days are long gone now and you really are going to be amazed at all of the next generation of Forex Brokers listed and fully reviewed throughout this website!

Recommended Forex brokers platforms and websites

Banc De Binary

Banc De Binary is a broker by which you will be able to perform currency trades starting from little range 1.00 to the maximum range 3000.00.

The maximum profit you can make here is approximately around 91% at the Banc De Binary broker.

High Trading

At uBinary the currency trading through forex trades can be started with little amount as low as 20.00 till the maximum range of 5000.00 at uBinary. The maximum profit one can really make at the uBinary broker is around 85%.

Variable Purchase Limits

AnyOption is a broker that permits trading Binary Options for variable funds with the maximum limit in any one certain currency option at AnyOption.

The maximum profit you could get here is 80%.

Low Purchase Limit

You can perform the forex trading in currency at TradeRush with forex trades ranging from 10.00 to the maximum limit for the single trade at 5000.00.

The optimum percentage of profit that you can wait to make using this broker is around 81%.

BDSwiss (Banc de Swiss)

You can do trading at this broker starting at as little as 25.00 and the maximum limit for the single trade at the broker is 1500.00.

The maximum profit you can make here is around 75%.

TradeQuicker allows you to do currency trading at as low as 25.00 with the maximum limit in place for any trade option for one single currency is 2500.00.

88% is the maximum profit one can make out here at TradeQuicker.

Top Forex Site

TopOption allows you in making trading currency at 5.00 till the maximum limit for any single currency trade option that also varies in value.

85% is the maximum profit one can make out here at TopOption.

Currency trading at EZTrader can be done starting at 25.00 and the maximum limit for the single trade at EZTrader is 3000.00.

95% is the maximum profit one can make out here at EZTrader.

What makes a Forex Broker one of our Top 10 Brokers?

You may be wondering what special features and qualities makes any of our top 10 Forex Brokers stand out from all others. Well, what we do before we list any Forex Broking site on our website is to put them through their paces ourselves.

We check each site in a real money trading environment to make sure that every aspect of their operate is top notch, and this all starts by us signing up and then depositing and claiming their respective new customer sign up bonuses.

We make sure those bonuses hit our trading accounts quickly, whilst at the same time ensuring that any deposits we do make into any of our listed sites are never subject to any unfair or high fees or charges. We then test out each of the different Forex trading platforms on offer at each Brokers, and make sure that there is a large and varied number of Forex Pairings on offer.

You need to be assured of a large range of different currency pairings if you are always going to have the chance of placing profitable trades and as such we are confident that each trading platform whether an online or mobile platform that each of our top 10 Forex brokers have available is going to serve you very well indeed.

One final aspect which is of course very important is just how quickly our featured sites pay out all withdrawal requests, you should never have to wait for any long periods of times to get your winnings paid out to you and we are more than happy that all of our Top 10 Forex Broker Sites adhere and stick to the very fastest withdrawal time frames.

List of best forex trading Brokers

Forex trading is one of the growing businesses in and around the world. And we wanted to provide you with the good refined list of the forex brokers along with their abilities to bring in more benefits that includes profiting the investors like you. The following are the brokers explaining their best and attractive features.

MB Trading

MB Trading is a broker that services in the ECN area providing its customers with low spreads.

They also offer much lower spreads that the micro lot kind of trading.

Overall experience of the MB Trading broker is simply fantastic that makes it as one of the best brokers in the world.

FXDD

They also recently upgraded MT4. Their better features are that they have a better server that can execute your orders without any delays with respect to the time.

This is mostly used by the learners as it could make them understand what forex trading is and how it has to be performed.

FXCM

Top 10 broker forex FXCM provides their customers a very good looking and amazing trading platform and forex services.

It is basically a broker doing ECN services.

They offer trading signals free of cost along with hedging.

The best thing here is that they do not charge anything extra.

HotForex

Top 10 broker forex HotForex is broker that has won award for its brand for providing services in the forex and commodities areas of the brokerage services.

It is fully approved and licensed by the authorities.

Additionally they do provide different kinds of accounts, software for trading, and the trading tools that can facilitate the individuals, provision for fund managers, and clients in forex and commodities trading.

These brokers are quicker in Deposit of funds and Withdrawal of funds.

eToro

These brokers are providing long lasting services on forex trading.

They are considered best that expects minimum deposit, the best platform and trading at your own convenience.

NSFX

NSFX is a broker that is much recommended for the novice traders and the beginners that would really assist in developing the trading skills among the entry level traders

It is a great and secured broker that provides forex services along with great trading conditions, and withdrawal conditions at ease.

What are top 10 Forex Brokers today?

Having trouble choosing the right forex broker? Let us help you to make a rational decision.

A forex broker is a necessary ingredient in forex trading. Forex brokers take care of the orders, perform the transactions, offer trading platforms and all the necessary trading tools, such as charts, real time news, fundamental and technical updates. economic calendars and more. Therefore, it is important for a beginner in forex to spend enough time figuring out which forex broker is most suitable. What defines a good broker? How do you know which broker suits you best?

As the interest in forex grows exponentially, the number of available online forex brokers increase accordingly. The interaction between forex broker and a trader is unavoidable therefore it is crucial to select a broker according to trader’s preferences and general reputation.

When it comes to forex broker, there are several things a trader should pay attention to:

Regulation and Reliability

In order to figure out whether a selected forex broker is worth your trust, it might be a good idea to:

  • Read broker’s reviews. forum discussions and blog posts. This will give you a general perspective of the broker’s reputation among other traders.
  • Find out how long the broker has been around – generally forex broker with a long time activity in the industry are most reliable.
  • Search the broker’s site for the address. If the address and phone number are not listed – run away as fast as you can!
  • Find out whether a broker is regulated. All information about regulation, location of the broker, along with financial position should be available on the broker’s site. Keep in mind that only certain countries require forex top brokers to be registered with regulatory bodies. Some brokers are not regulated by any authority and are basically free to do whatever they want.
  • Forex market “never” sleeps. You can trade for 24 hours for almost 5 and a half days a week. Therefore, it is very important to be able to reach your forex broker for support. Check customer support performance by contacting the representatives via email, phone and online chat. Pay attention to their ability to solve problems, both technical and general. Are they eager to help? Do you understand their English? Are they fast to solve the issues in question? After you make a first deposit, is support sill available and eager to help?
  • Commissions and Extra Fee

    No one works for free. When the broker mentions no commissions and no extra fees, it isn’t really so. First of all, in most cases forex broker earns according to the spread Spread is calculated in terms of pips and pips is the difference between the rate at which a currency is bought and the price at which it can be sold at a specific time.

    A broker adds more pips onto the spread that already exists on the market (usually between 1 and 4 pips). This difference goes to the broker as a fee. So, it is important to find a broker with low spread (some brokers add 8 or even more, therefore make sure to pay attention to this).

    It should also be clear from the start if any extra fees are involved. For example, some brokers may charge for withdrawals, others – for account maintenance. Whatever reason, it needs to be clearly started to the trader – you. If you are not sure, contract your broker for details.

    Trading platform

    The best way to test a trading platform offered by the selected broker is to download the free demo version and try it out. Most reliable trading platform today is MetaTrader 4, however not every trader, especially not a beginner, understands and knows how to use it.

    The alternatives to MetaTrader 4 are user-friendly platforms with more graphical interfaces. It is your responsibility to figure out how to use it and take it for a test drive, in the beginning, with demo account and later on with a small deposit.

    Search for the answers to the following questions:

  • Is trading platform web-based or download? The best way to understand the difference is to try out both types and see what suits you best.
  • Are real-time currency exchange rate quotes available?
  • Can you see account history including realized and unrealized profits and loss, margin available and any margin locked in open positions, deposit and withdrawal summary.
  • Is there a free demo account available? How long can you practice? (most brokers offer demo account for a limited amount of time, let’s say a month).
  • What is the minimum deposit requirement? $1? $100? $500?
  • Is there instant automatic execution of the orders? One click execution?
  • Is free charting and technical analysis available to all account types?
  • What is the difference between account types?
  • What is the leverage available? Keep in mind that this thing can make you either very rich or very broke! If you are a beginner, stick to small leverage. The basic rule of forex trading is not to use more than 100:1 leverage with standard accounts (100K) and no more than 200:1 for mini accounts (10K).
  • Terms and Conditions

    Pay attention to terms and conditions you agreeing to when opening an account with a selected broker. Each broker has different terms and conditions . which may also vary by the account type chosen. In any case, these terms have to be mentioned at the time of the account opening. If something isn’t clear to you, make sure to ask before you agree.

  • Term to pay close attention to include:
  • Transaction costs
  • Margin requirements
  • Minimum trading size requirement
  • Rollover fees
  • Margin account interest rate
  • No Fairy Tales

    A professional forex broker will not try to promise a “Happy Land” to a trader. It will mention the risks involved, explain the basics and offer assistance. Whenever 100% profit is mentioned – run away! Forex is not a fairy tale. There is no “get rich fast” scheme.

    The Top 10 Forex Brokers for Beginners

    If you know the basics of foreign currency exchange or forex trading, also known as FX trading. and want to give it a try, there’s more to learn than you might expect. It’s best to have an idea of what you’re doing before you put live currency to the test. The first step is to choose a reputable forex broker that offers educational tools and resources for beginning traders.

    A few US-based forex brokers are listed below, in order of the minimum deposit required to start forex trading. With most brokers you will find 24/5 or 24/7 live chat assistance and all offer free educational resources on their respective websites. Once you’re ready to roll, you can trade on a computer, tablet, or even smartphone.

    Practice Account: $25,000

    Minimum Deposit: None

    A forex broker since 2001, optionsXpress offers live or recorded webinars by their educational team, live in-person workshops, The Insider newsletter and blog collective, as well as the XPRESSO and XPOUND newsletters.

    Practice Account: Unlimited

    Minimum Deposit: None

    A forex broker since 2001, OANDA offers demo accounts that do not expire, giving you the ability to practice trading until you are ready to go live. Click on “Academy” for webinars (live or archived), trading basics, and scheduled learning events. Videos on demand are also available to get you started.

    FOREX.com ( a part of GAIN Capital Holdings [GCAP ])

    Practice account: $50,000

    Minimum deposit $250

    A forex broker since 1999, FOREX.com offers video tutorials specifically for beginners, two hours of webinars, live training, and Q&A sessions to teach you the basics. Fee-based online training courses are also available.

    Practice Account: $50,000

    Minimum Deposit: $500

    A forex broker since 2005, TradeKing offers a robust Frequently Asked Forex Questions and glossary, an education tab on their website that explains the basics, technical analysis, and fundamental analysis, as well as premium education available for a fee.

    Practice Account: $25,000-$200,000 option for Simulated Account

    Minimum Deposit: $2,000

    A forex broker since 1991, TradeStation allows you to start with TradeStation Basics, so you can learn at your own pace. Branch out to TradeStation Labs, University, and Events, which includes media and quick tips. Events are both free and fee-based.

    Practice Account: $50,000

    Minimum Deposit: $2,000

    A forex broker since 1999, Fortex Capital Marketing offers daily platform walk-throughs and strategy sessions, a library of trading and instrument guides, and a calendar of events (that can be added to your personal calendar) that will teach you how to read quotes and place trades. Self-paced on-demand videos are available for a fee.

    Min deposit $2,000

    A forex broker since 1999, thinkorswim is the TD Ameritrade forex platform. Investor education includes a rookie-learning curriculum with videos and courses to create your own learning path. The thinkorswim Learning Center consists of tutorials, videos, thinkMoney magazine, thinkManual, and Quiz Central.

    Name: E*trade FX (E*trade Financial Corporation [ETFC ])

    Practice Account: $50,000 for 30 days

    Minimum Deposit: $2,000

    A forex broker since 1982, E*trade's FX tutorials can be found by entering “forex training” in the education resources search box. Web seminars, videos, and articles in “the basics” category were specially designed for beginners.

    Practice Account: N/A

    Minimum Deposit: $5,000 ($3,000 for individuals between the ages of 21 – 26)

    A forex broker since 2002, Place Trade Financial's education center includes tools, widgets, videos, webinars, demos, apps, and investor education courses.

    Practice Account: After trading account has been approved and funded

    Minimum Deposit: $10,000

    A forex broker since 1977, Interactive Brokers' Traders’ University offers of a glossary, webinars (live or recorded), unmonitored discussion forums to network with other traders, apps, widgets, cheat sheets, and user guides.

    The Bottom Line

    Bear in mind that foreign exchange trading, also known as forex and FX trading, is high-risk and may not be the best option for individuals brand new to stock market trading and/or day trading.

    IBFX Australia

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    IBFX Australia . Based in Sydney, Australia. IBFX Austalia is the sister company Interbank FX LLC, headquartered in Salt Lake City, UT, USA.

    IBFX Australia and his sister company is a provider of online Forex trading services, offering individual traders, money managers and institutional customers proprietary technology, tools and education to trade spot foreign currency online. They have unique multi bank liquidity feed, proprietary tools and services, and remarkable focus on customer care.

    IBFX Australia provide 24 hour online trading platform. Full hedging, no dealing desk trading and professional charts. Automate trading system with fast and reliable execution. Flexible contract size, mini forex account, low spread, high leverage, commission free, no swap, and also low deposit.

    IBFX Australia has partnered with one of the world s premier payment solutions, Payoneer, to give traders fast, easy and worldwide deposits and withdrawals. Global debit card available to traders.

    Open Your IBFX Australia Live account today and enjoy, time limited bonuses!

    Источники: www.top10forex.net, www.forexexplore.com, www.investopedia.com, top10forexbrokers.blogspot.ru

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