If you’re a forex trader or want to become one, here are the top 10 forex brokers in the world you should consider creating a brokerage account with today.
I know a lot of people are going through difficulties with their current brokers and wondering if others are problematic same as the current brokers they’re using.
In this post, I’ll reveal the 10 best forex brokers in the world and the reasons you should choose them over others.
Meanwhile, forex (Foreign Exchange) is a global market where currencies are traded. We have so many forex brokers in the world, but not all offer the same quality of services. To help you find the perfect broker for your needs, we have compiled a list of 10 top-rated forex brokers you should consider trading with today.
If you’re a beginner to trading the financial market, read this to learn how to trade the financial market with a minimum of $100.
We hope this will be helpful to new traders who want to start trading with one of these reputable companies.
List of 10 Best Forex Brokers in the World
We have many forex brokers in the world. The following is a list of the 10 best forex brokers, ranked from 1-10 based on daily trading volume, users reviews and available currency pairs:
- Forex.com
- IG Group Ltd.
- eToro
- Plus500
- InterTrader
- XTB
- Swissquote
- CMC Market
- Saxo Capital Markets
- Interactive Brokers
How to Choose the Best Forex Broker and Things to Consider
Choosing the best forex broker that’s right for you can be a difficult task, especially if you’re new to forex trading. We have many forex brokers globally, and there are tons of factors to consider when choosing one.
Below are the criteria you should consider while choosing the best brokers;
- Low spreads
- Good customer service
- Reliable platforms
- Fast withdrawal process
- Good users reviews
Read also: Top 10 Best Forex broker in South Africa
The Best Forex Broker for Beginners
If you’re starting forex trading, it cannot be easy to know which forex broker is best for beginners. We have a lot of forex brokers in the world, and some forex brokers specialize in beginners.
ThinkMarkets – Trading Tools for Beginners
Think Markets is an online forex trading platform that offers tools and features to help novice traders learn the ropes. Their proprietary, user-friendly ThinkTrader system can be used on any device with internet access—mobile phone or computer—so you don’t have to give up your daily routine just because it’s time to trade.
Forex trading can be a profitable endeavor for the experienced and well-prepared. Still, those new to forex markets may find themselves struggling with understanding market movements due to a lack of experience.
Thankfully ThinkTrader provides its traders with an interactive charting tool that breaks down technical analysis into manageable steps and helps you understand what’s going on in the marketplace, so no opportunities are missed when setting your alerts.
Others are;
- Pepperstone- Best Meta Trader
- FXCM – best forex trading App
- Plus500 – The best broker for beginners.
- TD Ameritrade – The best broker for US Traders.
- eToro – Top forex software for copy trading.
- IC Markets – Top MetaTrader 5 CFD broker.
- FxPro – Best Trader forex broker for scalping.
- IG Group – Largest forex broker with ProRealTime.
- City Index – Good Signal charting software.
- OANDA – Top Trade Station software platform.
Conclusion
The world of forex trading is vast, and there are many different options available to help you find your way. When looking for the best forex broker, it’s essential to consider what kind of trader you want to be – in other words, do you plan on day-trading or scalping?
Are you a beginner who wants an accessible platform with which they can build their skill set? All these questions will determine how much research time is needed before selecting one. Our top 10 list should give you some good places to start.
About Author
- CEO
- I'm a professional digital marketer with over 7 years of experience in the field. I create well researched content related to finance, cryptocurrency, stocks, forex and metaverse related articles.
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