TOP BEST FOREX BROKERS IN THE WORLD

Overview

The foreign exchange market is the place that has many activities of buying, selling and exchanging foreign currencies through supply and demand. The foreign exchange market has an international scale. Any countries or any individual wishing to buy, sell or exchange foreign exchange with a country can participate in the foreign exchange market. There are 6 main participants who join this market but forex brokers have important roles to connect between buyers and sellers. So you should find your own a best forex broker in order to trade propitiously

What is a Forex Broker?

What are Best Forex Brokers?
What are Best Forex Brokers?

In the forex market, if you want to buy a foreign exchange then there will be someone who wants to sell that forex at the price you are buying. You and the seller cannot directly meet each other, so how can you deal with each other in this case? Forex brokers will be intermediaries to connect you.

What are the functions of a Forex Broker?

The mission of a forex broker is connecting traders wishing to buy and sell foreign currencies. Besides, forex brokers also associated with institutions that provide liquidity.

Nowadays, with the advancement of technology, traders can connect with forex brokers through trading platform, the most popular of which is currently the Meta trader 4 Forex trading platform – MT4

What are the criterias of the best forex brokers?

As you know, Forex brokers provide trading platforms, payment services, etc. Without brokers, it will be difficult for traders to access new markets. But how can traders choose the best brokers among the many active brokers? Choosing the best forex brokers will become extremely difficult if you don’t know the basic criterias for a forex broker.

1. Regulations:

Regulation is important because it indicates a broker’s financial position and the company’s authority to manage client funds. The regulator is always in front to make sure that best forex brokers comply with the rules set out by regular inspections.

2. Reputation:

We all know that reputation is the most important factor. Because even brokers have passed intensive requirements, they do not always follow the rules set by their governing bodies. Lastly, this is an important factor for traders to ensure that they are putting their money with a reputable broker.

3. Transaction fee:

  • Spread

The smaller the spread, the more benefit you get when trading, make sure that best forex brokers you choose will not change the spread during the transaction.

The minimum spread for some brokers is usually 2 percentage points for a specific currency pair. However, when the most influential events happen, the spread can be up to 5-10 percentage points. Brokers can justify that the market is having liquidity problems so there is no legal trouble.

  • Brokerage commissions and other fees

The best Forex brokers usually do not charge commission on forex transactions, except for Contracts for Difference (CFDs). For CFDs, the commission is equivalent to 0.15% of the total successful transaction value.
In addition, the interest the forex brokers charge on the balance of your trading account is also a consideration. This interest rate is usually lower than the bank rate, but you
will definitely receive this interest unconditionally.

4. Leverage

Standard leverage ratio is usually 1: 100 or 1: 200. The greater your investment, the lower the leverage. Flexible trading terms will allow customers to change this rate.

5. Diverse trading tools

A broker can offer a huge selection of forex pairs, but the most important thing is that they offer pairs that investors or traders are interested in.

6. Minimum deposit

In fact that many brokers do not require large initial deposits. And that is also one of the criteria when customers choose the best forex brokers to trade.

7. Trading platform

This is another important factor that traders should consider when choosing their best Forex brokers to trade. Nearly all brokers offer traders the opportunity to participate in trading through three platforms: a downloadable platform such as the MT4 platform, CTrader platform and Trading Station; a web-based trading platform – multiple platforms running on the Citrix trading platform; and of course, through mobile apps

8. Customer service

Forex trading is available 24/7. Therefore, many traders are always willing to work for long hours to satisfy a large customer list and thus brokerage service companies also need to provide 24/7 customer service.

These are 12 types of top best Forex Brokers in the world that can help you to choose easily:

Best forex brokers

1. Exness

best forex brokers Exness

Min Deposit: $1
Spread: From 0 Pips
Leverage: 1:2000
Regulated by: FCA UK, CySEC, FSP, BaFin, CRFIN

 

Based on the ability to provide more than 120 financial instruments, with the best market matching today from only 0.01 seconds, Exex forex has become familiar for Vietnamese traders as well as over the world. Not only that, Exness also allows withdrawal and topup without commissions for most payment systems, with a super-fast withdrawal time of less than 10 minutes, the money has been returned to the account (amount of money). Especially supports you to withdraw money even on Saturday and Sunday.

2. XM

XM

Min Deposit: $5
Spread: From 0 Pips
Leverage: 1:500
Regulated by: ASIC, CySEC, FCA (UK), IFSC Belize

 

XM provides the entire MetaTrader platform and competitive prices for forex traders with more than 350 CFD instruments, including cryptocurrencies, through regulated offices in the EU and Australia.

With 10 years experience in the forex market, XM is considered as the third largest growth rate of top best Forex brokers in the world. Although XM only provides MT4 and MT5 trading software, the fast execution speed and lots of brand promotion campaigns and bonuses for good traders have made XM.com become one of the most prestigious forex trading in the world.

3. Think Markets

ThinkMarkets

Min Deposit: $250
Spread: as low as 0.1 pips
Leverage: up to 1:400
Regulated by: ASIC Australia and FCA UK

 

Thinkmarkets has been in the market since 2010 in Newzealand and active for 9 years. During this time the company has its headquarters in Melbourne and London and mainly supports in Asia Pacific, Middle East-North regions. Africa, Europe and South America. The company is licensed by the most reliable financial management agencies such as ASIC No. 424700 or FCA No. 629628. With recognition and prestige, Thinkmarkets is increasingly trusted by investors and receives recognition and has some awards such as: Best new forex broker, Forex best awards 2014 recognized by FXStreet, UK forex awards.

4. FXTM

FXTM

Min Deposit: from $5
Spread: depend on type of trading accounts
Leverage: depend on type of trading accounts
Regulated by: CySEC, FCA, FSC

 

FXTM is known as Forex time, which was established in 2011 to provide the most advanced trading conditions, advanced training and provide advanced trading tools. FXTM is a fast growing forex platform in the world. FXTM is governed by various jurisdictions and managed by many reputable entities. FXTM is the the least age floor, however, FXTM is currently the fastest growing platform. In 7 years it has been 1 million registered accounts and received countless prestigious awards.

5. Hotforex

hotforex

Min Deposit: From $5
Spread: From 0.0 Pips
Leverage: 1:1000
Regulated by: CySEC

 

HotForex – a prestigious member of FSC which is established in 2005 belongs to HF Market Ltd in the Republic of Mauritius. In spite of having many famous forex brokers, HotForex is still a leading broker of gold, silver, crude oil, Forex, and quality service and perfect technology, global reputation due to 14 years of experience operating in the financial market.

6. FXPRO

FxPro

Min Deposit: from $100
Spread: 0.5 Pips
Leverage: up to 1:500 (1:30 for EU clients)
Regulated by: FCA, CySEC, DFSA, SCB

 

FxPro, one of the world’s leading Forex and CFD brokers, has been operating since 2006. Until now, FxPro has an impressive list of more than 60 international awards that are constantly updated and the number of loyal customers is increasing everyday. FxPro has expanded and developed in more than 173 countries, had more than 870,000 customer accounts and 100 million euros of Tier 1 capital. FxPro provides more than 6 types of investment tools and has been continuously voted as the best Forex provider in the world.

7. SAXO BANK

saxobank

Min Deposit: $2000
Spread: 0.6 Pips
Leverage: maximum 1:200
Regulated by: FSA Denmark

 

The Saxo group of companies form one of the premium broker services in the market. Established in 1992 the group includes Saxo Bank which is licensed and regulated in Denmark and Saxo Markets which is authorised and regulated by the UK FCA.

Saxo Bank is an international investment bank specializing in online transactions. They offer the ability to trade CFDs, ETFs, stocks, futures commodities, options and foreign exchange through some of the most advanced technology platforms. Their platform is easy to use but also full range of options. Saxo Bank won the award for the best White Label solution provider and the best mobile trading platform at the Forex World Finance Awards 2012.

8. FBS.com

FBS

Min Deposit: $1
Spread: From 0 Pips
Leverage: up to 1:3000
Regulated by: CySEC, IFSC

 

FBS was established in 2009 in Belize. That has 10 years of experience in the financial market, serves more than 5 million customers from 120 countries in the world and has 7,000 accounts created new every day. FBS has received many outstanding awards affirming its transparency and reputation in the Forex market.

9. CITYINDEX

cityindex

Min Deposit: $100
Spread: Starting 0 Pips
Leverage: up to 1:500
Regulation: FCA UK, ASIC Australia, MAS Singapore

 

Founded in 1983, CityIndex is considered one of the oldest forex and CFD brokers in the industry. Active for over 30 years, CityIndex has become a leading broker in currency trading (Forex) and CFD trading. CityIndex is a wholly owned subsidiary of GAIN Capital Holdings, Inc. The group is a provider of services for more than 4 million global online personal trading accounts worth $ 1.2 billion in managed assets and an annual turnover of more than $ 3,000 billion. Hiring more than 800 employees and offices in major cities such as Dubai, London, Tokyo, Sydney, Hong Kong, Singapore and Shanghai, deserves a leading position in the global market.

Best regulated forex brokers

1. FXPRO

FxPro

Min Deposit: from $100
Spread: 0.5 Pips
Leverage: up to 1:500 (1:30 for EU clients)
Regulated by: FCA, CySEC, DFSA, SCB

 

FxPro, one of the world’s leading Forex and CFD brokers, has been operating since 2006. Until now, FxPro has an impressive list of more than 60 international awards that are constantly updated and the number of loyal customers is increasing everyday. FxPro has expanded and developed in more than 173 countries, had more than 870,000 customer accounts and 100 million euros of Tier 1 capital. FxPro provides more than 6 types of investment tools and has been continuously voted as the best Forex provider in the world.

2. Plus500

plus500

Min Deposit: €100
Spread: The Spread can be as low as 0.01%” (0.01% = spread for EUR/USD)
Leverage: 1:294
Regulated by: ASIC, CySEC, FCA (UK)

 

Plus500 is the leading forex broker in the UK, providing one of the most outstanding brokerage services across Europe, South America and Asia. Introducing a wide range of trading tools through a seamless trading platform, Plus500 receives a great deal of awards and acclaim in a short time. Launched in 2008, the company is headquartered in Israel and has many large offices around the world such as the UK, Cyprus and Australia, Plus500 is one of the oldest CFD exchanges. Global CFD trading platform Plus500 describes itself as “a global trading platform – reliable, simple, modern”.

3. XTB

xtb

Min Deposit: $250
Leverage: up to 1:200
Regulated by: BaFin, CNMV in Spain, CySEC, FCA, IFSC

 

With nearly 17 years of experience, XTB is one of the largest Forex & CFD brokers listed on the largest stock market in the world. The company has offices in more than 13 countries with the largest economies in Europe. XTB operates under the supervision of the world’s largest supervisory bodies including FCA, KNF and CMB. This is considered to be the leading reputable forex in the world with the scale listed on the Warsaw Stock Exchange since 2016. During that time, the company has received many awards from the voting units such as World famous like Bloomberg, Forbes, Wealth & Finance. XTB has proven to be a leader in evaluating forex trading because of its slowness but steady pace.

Best low spread forex brokers

1. Pepperstone

pepperstone

Min Deposit: $200
Spread: Starting 0 Pips
Leverage: 1:500
Regulated by: ASIC Australia, FCA UK

 

Pepperstone was established in 2010 by experienced experts in the forex trading and trading technology. It has headquartered in the city of Melbourne, Australia, with the desire to create a comprehensive revolution in the market. Forex market offers the best services, lowest costs, quick trading for investors. Pepperstone is a member of the ASIC (Australian Securities & Investments Commission), as well as licensed to operate by the FCA in the UK, one of the world’s leading financial institutions. So it is not difficult to understand why Pepperstone has won so many great awards marking creativity, technology innovation and optimal trading conditions.

2. IC Markets

icmarket

Min Deposit: From $200
Spread: 0.1 Pips – 0.2 Pips or Free
Leverage: 1:500
Regulated by: ASIC

 

ICMarkets probably can’t be not mentioned among the most reputable forex brokers today. With 12 years of experience in finance, headquartered in Sydney, Australia, the transaction volume reaches nearly 600 million USD per month. ICMarkets is one of the forex platforms with the largest trading volume today. With full and rigorous compliance with the ASIC’s Securities and Investments Commission registration and operation regulations, in 2009 IC floor received the Australian Financial Services License (AFSL) as a proof of his credibility.

3. Hotforex

hotforex

Min Deposit: From $5
Spread: From 0.0 Pips
Leverage: 1:1000
Regulated by: CySEC

 

HotForex – a prestigious member of FSC which is established in 2005 belongs to HF Market Ltd in the Republic of Mauritius. In spite of having many famous forex brokers, HotForex is still a leading broker of gold, silver, crude oil, Forex, and quality service and perfect technology, global reputation due to 14 years of experience operating in the financial market.

4. XM

XM

Min Deposit: $5
Spread: From 0 Pips
Leverage: 1:500
Regulated by: ASIC, CySEC, FCA (UK), IFSC Belize

 

XM provides the entire MetaTrader platform and competitive prices for forex traders with more than 350 CFD instruments, including cryptocurrencies, through regulated offices in the EU and Australia.

With 10 years experience in the forex market, XM is considered as the third largest growth rate Forex exchange in the world. Although XM only provides MT4 and MT5 trading software, the fast execution speed and lots of brand promotion campaigns and bonuses for good traders have made XM.com become one of the most prestigious forex trading in the world.

Biggest forex brokers

1. Exness

Exness

Min Deposit: $1
Spread: From 0 Pips
Leverage: 1:2000
Regulated by: FCA UK, CySEC, FSP, BaFin, CRFIN

 

Based on the ability to provide more than 120 financial instruments, with the best market matching today from only 0.01 seconds, Exex forex has become familiar for Vietnamese traders as well as over the world. Not only that, Exness also allows withdrawal and topup without commissions for most payment systems, with a super-fast withdrawal time of less than 10 minutes, the money has been returned to the account (amount of money). Especially supports you to withdraw money even on Saturday and Sunday.

2. XM

XM

Min Deposit: $5
Spread: From 0 Pips
Leverage: 1:500
Regulated by: ASIC, CySEC, FCA (UK), IFSC Belize

 

XM provides the entire MetaTrader platform and competitive prices for forex traders with more than 350 CFD instruments, including cryptocurrencies, through regulated offices in the EU and Australia.

With 10 years experience in the forex market, XM is considered as the third largest growth rate Forex exchange in the world. Although XM only provides MT4 and MT5 trading software, the fast execution speed and lots of brand promotion campaigns and bonuses for good traders have made XM.com become one of the most prestigious forex trading in the world.

3. SAXO BANK

saxobank

Min Deposit: $2000
Spread: 0.6 Pips
Leverage: maximum 1:200
Regulated by: FSA Denmark

 

The Saxo group of companies form one of the premium broker services in the market. Established in 1992 the group includes Saxo Bank which is licensed and regulated in Denmark and Saxo Markets which is authorised and regulated by the UK FCA.

Saxo Bank is an international investment bank specializing in online transactions. They offer the ability to trade CFDs, ETFs, stocks, futures commodities, options and foreign exchange through some of the most advanced technology platforms. Their platform is easy to use but also full range of options. Saxo Bank won the award for the best White Label solution provider and the best mobile trading platform at the Forex World Finance Awards 2012.

Best ECN forex brokers

1. Exness

Exness

Min Deposit: $1
Spread: From 0 Pips
Leverage: 1:2000
Regulated by: FCA UK, CySEC, FSP, BaFin, CRFIN

 

Based on the ability to provide more than 120 financial instruments, with the best market matching today from only 0.01 seconds, Exex forex has become familiar for Vietnamese traders as well as over the world. Not only that, Exness also allows withdrawal and topup without commissions for most payment systems, with a super-fast withdrawal time of less than 10 minutes, the money has been returned to the account (amount of money). Especially supports you to withdraw money even on Saturday and Sunday.

2. Hotforex

hotforex

Min Deposit: From $5
Spread: From 0.0 Pips
Leverage: 1:1000
Regulated by: CySEC

 

HotForex – a prestigious member of FSC which is established in 2005 belongs to HF Market Ltd in the Republic of Mauritius. In spite of having many famous forex brokers, HotForex is still a leading broker of gold, silver, crude oil, Forex, and quality service and perfect technology, global reputation due to 14 years of experience operating in the financial market.

3. FXTM

FXTM

Min Deposit: from $5
Spread: depend on type of trading accounts
Leverage: depend on type of trading accounts
Regulated by: CySEC, FCA, FSC

 

FXTM is known as Forex time, which was established in 2011 to provide the most advanced trading conditions, advanced training and provide advanced trading tools. FXTM is a fast growing forex platform in the world. FXTM is governed by various jurisdictions and managed by many reputable entities. FXTM is the the least age floor, however, FXTM is currently the fastest growing platform. In 7 years it has been 1 million registered accounts and received countless prestigious awards.

4. FBS.com

FBS

Min Deposit: $1
Spread: From 0 Pips
Leverage: up to 1:3000
Regulated by: CySEC, IFSC

 

FBS was established in 2009 in Belize. That has 10 years of experience in the financial market, serves more than 5 million customers from 120 countries in the world and has 7,000 accounts created new every day. FBS has received many outstanding awards affirming its transparency and reputation in the Forex market.

Best forex bonus brokers

1. FXTM

FXTM

Min Deposit: from $5
Spread: depend on type of trading accounts
Leverage: depend on type of trading accounts
Regulated by: CySEC, FCA, FSC

 

 

FXTM is known as Forex time, which was established in 2011 to provide the most advanced trading conditions, advanced training and provide advanced trading tools. FXTM is a fast growing forex platform in the world. FXTM is governed by various jurisdictions and managed by many reputable entities. FXTM is the the least age floor, however, FXTM is currently the fastest growing platform. In 7 years it has been 1 million registered accounts and received countless prestigious awards.

2. Alpari

alpari

Min Deposit: $100
Leverage: 1:1000
Regulated by: FSC

 

 

Alpari Financial Services is one of the leading forex brokers in the world, provide online financial trading services on the national currency market with 20 years of operation. This company belongs to the Alpari Family Group, a group of international companies that are recognized worldwide as having the most advanced technology solutions. Up to now, this company has more than two million customers from 150 different countries, by the end of 2017, the trading volume at Alpari reached over 1.3 trillion USD.

3. Hotforex

hotforex

Min Deposit: From $5
Spread: From 0.0 Pips
Leverage: 1:1000
Regulated by: CySEC

 

HotForex – a prestigious member of FSC which is established in 2005 belongs to HF Market Ltd in the Republic of Mauritius. In spite of having many famous forex brokers, HotForex is still a leading broker of gold, silver, crude oil, Forex, and quality service and perfect technology, global reputation due to 14 years of experience operating in the financial market.

4. XM

XM

Min Deposit: $5
Spread: From 0 Pips
Leverage: 1:500
Regulated by: ASIC, CySEC, FCA (UK), IFSC Belize

 

 

XM provides the entire MetaTrader platform and competitive prices for forex traders with more than 350 CFD instruments, including cryptocurrencies, through regulated offices in the EU and Australia.

With 10 years experience in the forex market, XM is considered as the third largest growth rate Forex exchange in the world. Although XM only provides MT4 and MT5 trading software, the fast execution speed and lots of brand promotion campaigns and bonuses for good traders have made XM.com become one of the most prestigious forex trading in the world.

Best forex contests brokers

1. Exness

Exness

Min Deposit: $1
Spread: From 0 Pips
Leverage: 1:2000
Regulated by: FCA UK, CySEC, FSP, BaFin, CRFIN

 

Based on the ability to provide more than 120 financial instruments, with the best market matching today from only 0.01 seconds, Exex forex has become familiar for Vietnamese traders as well as over the world. Not only that, Exness also allows withdrawal and topup without commissions for most payment systems, with a super-fast withdrawal time of less than 10 minutes, the money has been returned to the account (amount of money). Especially supports you to withdraw money even on Saturday and Sunday.

2. FXTM

FXTM

Min Deposit: from $5
Spread: depend on type of trading accounts
Leverage: depend on type of trading accounts
Regulated by: CySEC, FCA, FSC

 

FXTM is known as Forex time, which was established in 2011 to provide the most advanced trading conditions, advanced training and provide advanced trading tools. FXTM is a fast growing forex platform in the world. FXTM is governed by various jurisdictions and managed by many reputable entities. FXTM is the the least age floor, however, FXTM is currently the fastest growing platform. In 7 years it has been 1 million registered accounts and received countless prestigious awards.

3. FBS.com

FBS

Min Deposit: $1
Spread: From 0 Pips
Leverage: up to 1:3000
Regulated by: CySEC, IFSC

 

FBS was established in 2009 in Belize. That has 10 years of experience in the financial market, serves more than 5 million customers from 120 countries in the world and has 7,000 accounts created new every day. FBS has received many outstanding awards affirming its transparency and reputation in the Forex market.

Best trading platforms’ forex brokers

1. Plus500

plus500

Min Deposit: €100
Spread: The Spread can be as low as 0.01%” (0.01% = spread for EUR/USD)
Leverage: 1:294
Regulated by: ASIC, CySEC, FCA (UK)

 

Plus500 is the leading forex broker in the UK, providing one of the most outstanding brokerage services across Europe, South America and Asia. Introducing a wide range of trading tools through a seamless trading platform, Plus500 receives a great deal of awards and acclaim in a short time. Launched in 2008, the company is headquartered in Israel and has many large offices around the world such as the UK, Cyprus and Australia, Plus500 is one of the oldest CFD exchanges. Global CFD trading platform Plus500 describes itself as “a global trading platform – reliable, simple, modern”.

2. XM

XM

Min Deposit: $5
Spread: From 0 Pips
Leverage: 1:500
Regulated by: ASIC, CySEC, FCA (UK), IFSC Belize

 

XM provides the entire MetaTrader platform and competitive prices for forex traders with more than 350 CFD instruments, including cryptocurrencies, through regulated offices in the EU and Australia.

With 10 years experience in the forex market, XM is considered as the third largest growth rate Forex exchange in the world. Although XM only provides MT4 and MT5 trading software, the fast execution speed and lots of brand promotion campaigns and bonuses for good traders have made XM.com become one of the most prestigious forex trading in the world.

3. XTB

xtb

Min Deposit: $250
Leverage: up to 1:200
Regulated by: BaFin, CNMV in Spain, CySEC, FCA, IFSC

 

With nearly 17 years of experience, XTB is one of the largest Forex & CFD brokers listed on the largest stock market in the world. The company has offices in more than 13 countries with the largest economies in Europe. XTB operates under the supervision of the world’s largest supervisory bodies including FCA, KNF and CMB. This is considered to be the leading reputable forex in the world with the scale listed on the Warsaw Stock Exchange since 2016. During that time, the company has received many awards from the voting units such as World famous like Bloomberg, Forbes, Wealth & Finance. XTB has proven to be a leader in evaluating forex trading because of its slowness but steady pace.

Best forex brokers for beginners

1. Plus500

plus500

Min Deposit: €100
Spread: The Spread can be as low as 0.01%” (0.01% = spread for EUR/USD)
Leverage: 1:294
Regulated by: ASIC, CySEC, FCA (UK)

 

Plus500 is the leading forex broker in the UK, providing one of the most outstanding brokerage services across Europe, South America and Asia. Introducing a wide range of trading tools through a seamless trading platform, Plus500 receives a great deal of awards and acclaim in a short time. Launched in 2008, the company is headquartered in Israel and has many large offices around the world such as the UK, Cyprus and Australia, Plus500 is one of the oldest CFD exchanges. Global CFD trading platform Plus500 describes itself as “a global trading platform – reliable, simple, modern”.

2. Alpari

alpari

Min Deposit: $100
Leverage: 1:1000
Regulated by: FSC

 

Alpari Financial Services is one of the leading forex brokers in the world, provide online financial trading services on the national currency market with 20 years of operation. This company belongs to the Alpari Family Group, a group of international companies that are recognized worldwide as having the most advanced technology solutions. Up to now, this company has more than two million customers from 150 different countries, by the end of 2017, the trading volume at Alpari reached over 1.3 trillion USD.

3. SAXO BANK

saxobank

 

Min Deposit: $2000
Spread: 0.6 Pips
Leverage: maximum 1:200
Regulated by: FSA Denmark

The Saxo group of companies form one of the premium broker services in the market. Established in 1992 the group includes Saxo Bank which is licensed and regulated in Denmark and Saxo Markets which is authorised and regulated by the UK FCA.

Saxo Bank is an international investment bank specializing in online transactions. They offer the ability to trade CFDs, ETFs, stocks, futures commodities, options and foreign exchange through some of the most advanced technology platforms. Their platform is easy to use but also full range of options. Saxo Bank won the award for the best White Label solution provider and the best mobile trading platform at the Forex World Finance Awards 2012.

4. ETORO

etoro

Min Deposit: $200
Spread: From 3 Pips
Leverage: 1:400
Regulated by: NFA, FCA, CySec

 

eToro is certainly no stranger to those who are interested in investing in stocks and foreign currencies online via the internet. eToro is one of the leading trading websites in the world with over 4.5 million users from 170 countries worldwide. With only one account, you can participate in the stock market, gold and raw materials, bitcoin, foreign currencies and trade indices very simply and conveniently.

Best discount forex brokers

1. Interactive Brokers

interactive-brokers

Account minimum: $0
Fees: $0.005 per share

 

 

Interactive Brokers was founded in 1978 and it is one of the biggest US-based discount brokers. It is regulated by several regulators globally, including top-tier authorities like FCA and SEC. Interactive Brokers Group is listed on the New York Stock Exchange.
Interactive Brokers is considered safe because it has a long track record, is listed on a stock exchange, discloses its financials, and is regulated by top-tier regulators.
Interactive Brokers also received awards for Best Overall Online Brokers, Best for International Trading, Best for Options Trading, Best for Penny Stocks, and Best for Day Trading.

2. Robinhood

robinhood

 

Account Minimum: $0
Fees: $0
Best for: Low Costs and a sleek app

 

 

Robinhood is a US zero-fee or discount broker established in 2013.
Robinhood does not charge any trading commissions, but you pay a monthly fee up front for their Gold service, which gives you access to margin loans. Orders are not routed to get you the best possible price, so your actual trading costs are likely to be higher.
Robinhood is considered safe because it is supervised by FINRA, the US regulator and provides a maximum of $500,000 investor protection including a $250,000 limit for cash.

Best online forex brokers

1. Interactive Brokers

interactive-brokers

Account minimum: $0
Fees: $0.005 per share

 

 

Interactive Brokers was founded in 1978 and it is one of the biggest US-based discount brokers. It is regulated by several regulators globally, including top-tier authorities like FCA and SEC. Interactive Brokers Group is listed on the New York Stock Exchange.
Interactive Brokers is considered safe because it has a long track record, is listed on a stock exchange, discloses its financials, and is regulated by top-tier regulators.
Interactive Brokers also received awards for Best Overall Online Brokers, Best for International Trading, Best for Options Trading, Best for Penny Stocks, and Best for Day Trading.

2. SAXO BANK

saxobank

Min Deposit: $2000
Spread: 0.6 Pips
Leverage: maximum 1:200
Regulated by: FSA Denmark

 

The Saxo group of companies form one of the premium broker services in the market. Established in 1992 the group includes Saxo Bank which is licensed and regulated in Denmark and Saxo Markets which is authorised and regulated by the UK FCA.

Saxo Bank is an international investment bank specializing in online transactions. They offer the ability to trade CFDs, ETFs, stocks, futures commodities, options and foreign exchange through some of the most advanced technology platforms. Their platform is easy to use but also full range of options. Saxo Bank won the award for the best White Label solution provider and the best mobile trading platform at the Forex World Finance Awards 2012.

3. XTB

xtb

Min Deposit: $250
Leverage: up to 1:200
Regulated by: BaFin, CNMV in Spain, CySEC, FCA, IFSC

 

With nearly 17 years of experience, XTB is one of the largest Forex & CFD brokers listed on the largest stock market in the world. The company has offices in more than 13 countries with the largest economies in Europe. XTB operates under the supervision of the world’s largest supervisory bodies including FCA, KNF and CMB. This is considered to be the leading reputable forex in the world with the scale listed on the Warsaw Stock Exchange since 2016. During that time, the company has received many awards from the voting units such as World famous like Bloomberg, Forbes, Wealth & Finance. XTB has proven to be a leader in evaluating forex trading because of its slowness but steady pace.

Best forex traders

George Soros

Geogre Soros
Geogre Soros

George Soros was born in 1930 and began his financial career at Singer and Friedlander in London in 1954 working as an employee for London merchant bank Singer & Friedlander. His leap to international fame took place in 1992 by short selling an amount of 10 billion pounds sterling. His bet against the United Kingdom’s currency brought him earnings for 1 billion dollars. It is for this reason that he holds the record for being the first person to obtain the highest earnings in a single day.

Stanley Druckenmiller

Stanley Druckenmiller
Stanley Druckenmiller

Stanley Druckenmiller grew up in a middle-class suburban Philadelphia family and began his financial career in 1977 as a management trainee at a Pittsburgh bank. He quickly rose to success and formed his company, Duquesne Capital Management, four years later. Druckenmiller then successfully managed money for George Soros for several years in his role as the lead portfolio manager for the Quantum Fund between 1988 and 2000.

Andrew Krieger

Andrew Krieger
Andrew Krieger

After graduating at the Wharton School of Business (University of Pennsylvania), in 1986 he started working at Salomon Brothers for a brief period of time, to then join the Bankers Trust company.
His reputation as a businessman grew rapidly. This boosted trust in Krieger, and as a reward the company granted him an increase in his capital limit of $700 million dollars – a sum that was vastly superior to the standard capital limit of $50 million dollars. He uses his new capital limit and a 400:1 leverage to launch a strong short sale operation that is superior to New Zealand’s currency offer. The operation resulted in 300 million dollars in earnings for the Bankers Trust. The following year, he left the company with $3 million in his pocket from the trade.

Bill Lipschutz

Bill Lipschutz
Bill Lipschutz

Bill Lipschutz started trading while attending Cornell University in the late 1970s. During that time, he turned $12,000 into $250,000; however, he lost the entire stake after one poor trading decision, a hard lesson on risk management that he carried throughout his career. In 1982, he began working for Solomon Brothers while he pursued his MBA degree.
Lipschutz migrated into Solomon’s newly-formed foreign exchange division at the same time forex markets were exploding in popularity. He was an immediate success, earning $300 million per year for the company by 1985. He became the principal trader for the firm’s massive forex account in 1984, holding that position until his departure in 1990. He has held the position of director of portfolio management at Hathersage Capital Management since 1995.

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