Forex brokers

Broker	Rating	Bonus	Reviews	Free Demo
	5 Stares	First Deposit Bonus $1000?	eToro	Yes
	4.8 Stares	First Deposit Bonus $3000?	AvaFx	Yes
	4.7 Stares	Refer a Friend $300?	Finotec	Yes
	4.5 Stares	First Deposit Bonus $5000?	InstaForex	Yes
	3.7 Stares	N/A	FXCM	Yes
	3.2 Stares	$3,000	XForex	Yes

How to choose the best online Forex brokers?

Your choice of brokers and trading platforms is the key to success in the Forex market. Each broker has a different trading platform, charts, trading and analysis tools, educational guides, regulations, support, minimum deposit, leverage and range of currency and commodities.

Under this category, we present the best Forex brokers and their platforms through an in depth review, including the advantages and main highlights of each broker.

We have checked each broker thoroughly and would like to present you with the main advantages and unique options every broker has to offer:

• Platform & Regulation

  Since the broker has to be regulated in your country in order for you to open an account, you first should check where the broker is regulated. The main regulation authorities are the NFA in the USA, FSA in the UK, and the MiFiD regulation of the European Union. Each country has its regulation authority to oversee that the broker meets high standards of reliability. The fact that Forex trading is established, legal and authorized in most countries ensures that on-line currency trading is a legitimate and safe way to trade.

  The software for Forex platforms is divided into two options: web platforms and the platforms you need to download to your computer. The main advantage of the first option is the accessibility of web platforms any place you are located; you don’t need to be at your private computer. The option of downloading the platform to your computer gives you less flexibility but many more possibilities and tools to assist you in trading.

  Although each platform has a different way of presenting the trading market, with its own design and charts package, we recommend the platforms that are user friendly. Trading environments should be easy to understand, easy to use and agreeable, as well as provide technical tools, news and support. Another point to remember is the accessibility of stop loss and take profit options which can ensure you profits from your speculation when you get to the level you decide, even when you are not on-line and, on the other hand, to reduce losses by restrictions you place on treads you have opened.

• Platform

Regulation

• Forex USA
• Forex UK
• Forex Canada
• Forex New Zealand
• Forex Australia
• Forex Ireland

• Bonus & Demo

  Each Forex broker has his own bonuses and promotions: for example, eToro has a bonus reward program of percentages on your 1st deposit; for a deposit of $100-$399 you will get a bonus of $25, for $400-$999 you will get $100, etc…. On the above brokers list, you can get information about the amount the broker company awards you.

  All brokers we recommend provide you with a free trading demo that can give you an option to try out your trading skills with no risk. Another advantage in Demo Trading is to experience the adjustment of the platform to your specific preferences. For example, some platforms have a lot of information that can be confusing and, alternatively, some people prefer to get all the information on one screen.

• Security & Supports

  The fact that the broker is authorized and regulated indicates that your account and portfolio will be secure and inaccessible to other users. Every broker invests many resources in security systems on which you should keep updated. Since there are many protections on withdrawing profits from your account – like passport information and passwords, we recommend that you clarify this information before your first deposit.

  Ongoing support is important for all traders, particularly for newcomers; most brokers offer 24 hour support and live chat with experts ready to assist you. You are welcome to benefit from this free service. There are more support options brokers can provide you, such as call back support and forum rooms with tips to which investors can contribute.