Forex Trading Brokers serve as the middlemen in the foreign exchange trading floor. It’s generally an institution that offers the latest in the company and institutional news, foreign exchange press releases, foreign exchange promotions, as well as foreign exchange interviews. All these data are vital in maximizing the performance of clients in foreign exchange.

It is not obligatory to have a Forex Trading Broker, but in order to trade efficiently, you will need one. They are normally regulated by the government. Only a regulated broker will make sure the reliability and flexibility of your trade. These brokers work on the commission or charge basis. Some brokers in the present day ask for the small percentage from your bid/ask spread, those brokers do not have commission or fees system. An individual may be interested in executing their trade without the help of a broker, but a normal trader with less market information, putting an effort to trade in online market is simple like chasing a grizzly bear with a bisque spoon. As the market is competitive, your chance of success will be low with our adequate broker. These Forex Trading Broker are not centralized unlike other kinds of trading; in fact, you will come across thousands of broker that put their own currency spreads, margins, and prices.

If you want to deal with online forex trading market, it is must to have a broker. It is a 24-hour market and you might not be able to handle it alone. Your broker will offer you 24-hour support. A reliable Forex Trading Broker is actually available online. One can find a broker based on the name of the institution, the country where it’s located, the trading platforms that the broker utilizes, and the type of account that will be used in the foreign exchange trading floor.

There are few factors to be considered when choosing Forex Trading Broker and they are as followed:

  • Consider the broker only with the required qualification. Do not forget to check all his degrees well in advance.
  • Choose Forex Trading Broker that offers low spread trade, as broker charge their fee depends upon the spread so better to have a broker with the lower spread. Good to go with fixed spreads.
  • Ask the broker if he is willing to provide technical comments, financial calendar, and able to do market research.
  • If you are in the United States then avoid not registered broker.
  • The broker must have up-to-date information on the market structure and should be willing to work with on the flexible timing.
  • Have a complete talk on the commission system, better to have a written agreement.
  • Go with the brokers that offer lower leverages, it is the number of bucks that he would lend you to trade forex. So with low leverage, you will have low risk in this market.

How much margin is the broker willing to offer you?

  • Do a careful research of the broker, avoid if he is involved in any blacklist or other delegations.
  • Check out the client history and evidence.
  • Must have complete knowledge about margin and spreads, go with some experienced person.

In  Conclusion, Forex trading brokers try their best to make to transform beginners to good traders. This is because they earn more when traders make long-time investments.

 

Here is a list of forex trading brokers

 

Forex Broker
Regulation
Min. Deposit
Leverage
Start Trading
FXTM
FXTM

CySEC, FCA,
FSCA, IFSC

$/€/£ 5

1:1000


Review
AAATrade
AAATrade

CySEC

$/€/£ 500

1:200


Review
Activtrades
ActiveTraders

FCA

$/€/£ 100

1:400


Review
Admiral Markets
Admiral Markets

FCA, CySEC, EFSA

$/€/£ 200

1:500


Review
ADS Securities
ADS Securities

UAE Central Bank,
FCA, SFC

$/€/£ 100

1:500


Review
Aetos
AETOS

ASIC, FCA

$/€/£ 250

1:400


Review
Alpari
Alpari

FSC

$/€/£ 5

1:1000


Review
Alvexo
Alvexo

CySEC

$/€/£ 500

1:300


Review
Amana Capital
Amana Capital

FCA, CySEC, DFSA

$/€/£ 50

1:500


Review
Avatrade
Avatrade

Bank of
Ireland,
ASIC, JFSA,
FSCA

$/€/£ 250

1:400


Review
AxiTrader
AxiTrader

ASIC, FCA

$/€/£ 0

1:400


Review
Ayondo
Ayondo

BaFIN, FCA

$/€/£ 100

1:200


Review
BDSwiss
BDSwiss

CySEC, FSC

$/€/£ 200

1:400


Review
CityIndex
CityIndex

FCA

$/€/£ 100

1:400


Review
CMC Markets
CMC Markets

FCA, ASIC,
FMA, IIROC,
MAS

$/€/£ 0

1:30


Review
CMTrading
CMTrading

FSCA

$/€/£ 200

1:200


Review
Core Spreads
Core Spreads

FCA

$/€/£ 0

1:200


Review
Darwinex
DarWinex

FCA

$/€/£ 500

1:200


Review
Dukascopy
Dukascopy

FINMA

$/€/£ 1000

1:200


Review
easyMarkets
easyMarkets

CySEC, ASIC

$/€/£ 100

1:30


Review
EightCap
EightCap

ASIC

$/€/£ 100

1:500


Review
Etoro
Etoro

CySEC,FCA,
ASIC

$/€/£ 200

1:30


Review
ETX Capital
ETX Capital

FCA

$/€/£ 100

1:30


Review
EverFX
EverFX

CySEC

$/€/£2 50

1:30


Review
Exness
Exness

CySEC, FCA

$/€/£ 1

1:200


Review
FBS
FBS

IFSC, CySEC

$/€/£ 100

1:3000


Review
FIBO Group
FIBO Group

FSC, CySEC

$/€/£ 0

1:1000


Review
Forex.com
Forex.com

FCA, IIROC,
ASIC, CFTC

$/€/£ 50

1:200


Review
Fortrade
Fortrade

FCA

$/€/£ 100

1:100


Review
FP Markets
FP Markets

ASIC

$/€/£ 200

1:400


Review
FXCC
FXCC

CySEC

$/€/£ 500

1:200


Review
FXCM
FXCM

ASIC, FCA

$/€/£ 50

1:200


Review
FXDD
FXDD

MFSA

$/€/£ 100

1:100


Review
FXGlory
FXGlory

BoG

$/€/£ 1

1:3000


Review
FxGrow
FXGrow

CySEC ng>


$/€/£ 100

1:200


Review
FXOpen
FXOpen

FCA

$/€/£ 1

1:500


Review
FXPrimus
FXPrimus

CySEC, FSCA,
VFSC

$/€/£ 100

1:200


Review
FXPro
FXPro

FCA, CySEC,
SCB, FSCA,
DFSA

$/€/£ 500

1:500


Review
GKFX
GKFX

FCA

$/€/£ 20

1:400


Review
Halifax
Halifax

ASIC

$/€/£ 0

1:500


Review
HotForex
HotForex

CySEC

$/€/£ 50

1:500


Review
HYCM
HYCM

FCA, CySEC

$/€/£ 100

1:200


Review
IC Markets
IC Markets

ASIC

$/€/£ 200

1:500


Review
IFC Markets
IFC Markets

CySEC,
BVI FSC

$/€/£ 1

1:400


Review
IG
IG Group

FCA, ASIC,
CFTC, FINMA,
MAS, JFSA, DIFC

$/€/£ 250

1:30


Review
Instaforex
InstaForex

CySEC, FSC

$/€/£ 1

1:1000


Review
Interactive Brokers
Interactive Brokers

US SEC & CFTC,
ASIC, FCA

$/€/£200

1:400


Review
JFD Brokers
JFD Brokers

CySEC, FCA,
BaFIN,
CONSOB

$/€/£ 500

1:400


Review
London Capital Group
London Capital Group

FCA, CySEC

$/€/£ 0

1:500


Review
Libertex
Libertex

CySEC

$/€/£ 10

1:500


Review
Markets.com
Markets.com

CySEC

$/€/£ 100

1:300


Review
OANDA
OANDA

FCA, MAS,
ASIC, IIROC

$/€/£ 0

1:50


Review
Orbex
Orbex

CySEC

$/€/£ 500

1:500


Review
Pepperstone
Pepperstone

FCA, ASIC

$/€/£200

1:200


Review
Plus500
Plus500

FCA, CySEC,
ASIC, MAS

$/€/£ 100

1:30


Review
Rakuten Securities
Rakuten Securities

ASIC,
SFC

$/€/£ 50

1:200


Review
RoboForex
RoboForex

CySEC, IFSC

$/€/£ 10

1:1000


Review
RubixFX
RubixFX

ASIC

$/€/£ 200

1:400


Review
Saxo Bank
Saxo Bank

FSA, MiFID

$/€/£ 2000

1:100


Review
Spread Co
Spread Co

FCA

$/€/£ 500

1:200


Review
Spreadex
Spreadex

FCA

$/€/£ 0

1:200


Review
SVSFX
SVSFX

FCA

$/€/£ 100

1:400


Review
Swissquote
Swissquote

FINMA, FCA,
MFSA, SFC,
DFSA

$/€/£ 1000

1:100


Review
Tickmill
Tickmill

FCA, FSA,
CySEC

$/€/£ 25

1:200


Review
TradeMax
TradeMax

ASIC

$/€/£ 1000

1:400


Review
Tradersway
TradersWay

Not
Regulated

$/€/£ 0

1:1000

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Review
trade.com
Trade.com

CySEC, MiFID

$/€/£ 100

1:300


Review
Trading 212
Trading 212

FCA

$/€/£ 100

1:300


Review
UFX
UFX

CySEC, FCA,
FSA,
CNMV, BaFIN

$/€/£ 100

1:400


Review
USGFX
USGFX

ASIC

$/€/£ 100

1:500


Review
Valutrades
Valutraders

FCA

$/€/£ 50

1:500


Review
Vantage FX
Vantage FX

ASIC

$/€/£ 200

1:500


Review
Windsor Brokers
Windsor Brokers

CySEC, IFSC

$/€/£ 500

1:50


Review
XM
XM

CySEC,
FCA, ASIC

$/€/£ 5

1:500


Review
XOpen Hub
XOpen Hub

FCA

$/€/£ 100

1:200


Review
XTB
XTB

FCA

$/€/£ 250

1:200


Review
XTrade
XTrade

CySEC, IFSC

$/€/£ 200

1:30


Review
ForexChief
ForexChief

VFSC g>

$/€/£ 1

1:400


Review
Grand Capital
Grand Capital

CRFIN, KROUFR

$/€/£ 10

1:2000


Review
Amarkets
Amarkets

SVGFSA

$/€/£ 1

1:500


Review