The Forex market offers traders great potential for growth. However, it can be hard to find reliable brokers in this industry because of all the scams around who will only take advantage and leave you vulnerable especially if you have just started your trading path.
In this article we are going t introduce you to the best forex brokers and best platforms they provide trade on.
Best Forex brokers
The step of choosing a broker is the responsible one. It depends not only on such criterias as regulation and high customer service, but on trading platforms they offer to trade.
We picked out the best Forex brokers in our opinion and are ready to introduce the list to you. Let’s get acquainted at the benefits of each:
HotForex is one of the most diverse brokers in terms or offerings, with 18 trading instruments and 12 platforms to choose from. They provide their clients not just first-class service but also complete asset security for all needs at once. It offers to trade on such inovational and multifunctional platforms as Metatrader 5. The MT5 download process is easier with HotForex than ever.
2. XM Markets
As a professional brokerage company, XM offers great opportunities to traders regardless of their experience level. It provides a wide range of services for traders, from those just starting out in investing all the way up to experts with years upon experience.
3. IG Markets
IG is an international company that provides brokerage services to any client. The broker is licensed and regulated in each country it operates, which means you can trade globally with them without worrying about your investments getting voided by different rules or regulations for certain countries.
4. Saxo Bank
Saxo Bank is a brokerage company with an excellent and well-designed platform. It offers a range of products and services to traders around the world, with their own research team providing helpful trading insight.
Best exchange platforms
It is almost impossible to carry out a profitable deal on doubtful trading platforms. Here are one of the best platform for Forex trading we pick out for you:
1. Metatrader 4
It is no surprise that MT4 continues to be one of the loved trading platforms on this list. What is the reason it is so popular? It offers everyone both simple use and various tools for powerful technical analysis.
2. Metatrader 5
The MT5 platform has more features than its predecessor, and it is considered a worthy competitor for MT4. Perhaps, the most essential difference is that Metatrader 5 offers more markets to trade in, when Metatrader 4 was developed for Forex traders. There is built-in VPS service and economic calendar as well, which are missing in MT4.
If you are looking to get into trading and want a full range of features, then you can have a look at NinjaTrader too. Besides the wide assortment of technical analysis tools and assets to choose from, you will have access to educational guides, videos and webinars. It helps to learn even those without extensive knowledge how to trade wisely.
Probably, the article acquainted you with best Forex brokers and platforms to trade on. Be patient and waste enough time to choose the most suitable for you – that is the way you will get to success.