BEST FOREX TRADING BROKERS
BROKER LEVERAGE MIN SPREAD
CM TRADING 200:1 1.5 PIPS SIGN UP
XM TRADING 888:1 0.0 PIPS SIGN UP
WHAT IS FOREX TRADING
The Forex market is the world’s most exciting and dynamic market. With $4 trillion traded every day, it is also the largest financial market in the world.Forex (or FX) stands for ‘foreign exchange’ which a traveler will know as the currency that you buy when visiting another country. For example, you may sell euros and buy dollars for your trip to the USA. The online Forex market is, however, 90% speculative, which means that you don’t take possession of the actual, physical currency. Rather, you open and close deals and make either a profit or loss which gets reflected in your online account
The forex market is an over-the-counter (or OTC) market which means that trading takes place directly between two parties without dealing through an exchange. This means you can conveniently access the virtual market online anywhere in the world.
WHY FOREX?
Accessibility – It’s no wonder that the Forex market has the trading volume of 4 trillion a day – all anyone needs to take part in the action is a computer or mobile device with an internet connection.24 hour Market – The Forex market is open 24 hours a day, so that you can be right there trading whenever you hear a financial scoop. No need to bite your fingernails waiting for the opening bell.
Narrow Focus – Unlike the stock market, a smaller market with tens of thousands of stocks to choose from, the Forex market revolves around more or less eight major currencies. A narrow choice means no room for confusion, so even though the market is huge, it’s quite easy to get a clear picture of what’s happening
Liquidity – The foreign exchange market is the largest financial market in the world with a daily turnover of just over $4 trillion! Now apart from being a really cool statistic, the sheer massive scope of the Forex market is also one of its biggest advantages. The enormous volume of daily trades makes it the most liquid market in the world, which basically means that under normal market conditions you can buy and sell currency as you please. Unlike the risks of trading stocks, you can never be in a jam for currency to buy or stuck with currency that you cannot unload.
The Market cannot be cornered – The colossal size of the Forex market also makes sure that no one can corner the market. Even banks do not have enough pull to really control the market for a long period of time, which makes it a great place for the little guy to make a move.
BEST FOREX BROKERS
Licensed and Regulated Broker
XM Group is licensed by FCA in the United Kingdom (Trading Point of Financial Instruments UK Limited), ASIC in Australia (Trading Point of Financial Instruments Pty Limited), the IFSC in Belize (XM Global Limited) and by CySEC in Cyprus (Trading Point of Financial Instruments Ltd), adhering to enhanced regulatory standards.
Focused on the Client
Size does not matter. At XM the client comes first regardless of net capital worth, account type or size of investment. All our clients receive the same quality services, the same execution, and the same level of support. XM was founded on these values, and that will not change.
Range of Trading Instruments
Clients can choose to Trade Forex, Stock Indices, Commodities, Stocks, Metals, Energies and Cryptocurrencies from the same account. With a wide range of trading instruments available from a single multi asset platform XM makes trading easier and efficient.Easy and Convenient
All of their systems are built and updated with the client in mind. Starting from their account opening procedure, to managing your account, depositing or withdrawing funds and finally trading, it’s all straightforward simple and easy to use for all our clients.Globally Renowned
They have clients from over 196 countries and staff speaking over 30 languages. Their management has visited over 120 cities globally to understand clients’ and partners’ needs.Transparent and Fair
At XM what you see is what you get, with no hidden terms. Be that pricing, execution or promotions. What the advertise is what we give their clients, regardless of the size of their investment.
Why Choose eToro
Social
eToro takes great pride in its social trading features, enabling its clients to benefit from the collective wisdom of its vast network of traders. Our social newsfeed, CopyTrader™ system, and Popular Investor program utilise the full potential of our next-generation social trading platform. With numerous successful traders using our platform to share their strategies, eToro clients have everything they need to pursue their financial goals.Responsible
Secure
eToro takes every necessary precaution to keep its clients’ personal information and funds safe and secure. We employ the highest standards of cyber security, while the clients’ funds are kept safe in tier 1 European banks.Personal
We are here to answer any question. Our customer service team is available 24/5, so you’ll have professional assistance whenever you need it. Additionally, we provide our clients with exclusive trader programs and frequent financial news updates.Educational
eToro offers a variety of trading tools and courses, to give you everything you need to become an educated trader or long-term investor. One of our main goals is to promote financial literacy: Our courses offer a smooth entry point into the world of online trading, and our free practice account enables you to trade online without risking any real money. Every trader who signs up with eToro receives a virtual-money account, credited with $100,000, so they can practice their strategies and hone their skills before trading with real money. We have also partnered with major financial institutions, such as Russia’s Sberbank and China’s Ping An Group, to promote online trading and financial education in these markets.Transparent
The only way to make sure our clients get the full benefits of our social features and have all the information they need to use them, is by operating in full transparency. On eToro, each client who can be copied has their profile available for all other users to see, including valuable information such as past performance, gain, risk score, portfolio diversity and much more. Additionally, eToro has no hidden fees or commissions, and all payments are explained in a clear and simple matter.Trusted Forex Broker
One of the most important things a trader should have is a trustworthy broker; it is your money after all! At CM Trading we have combined years of experience with incredible support and service for our clients. A good Forex broker will provide you with top tire security systems and state of the art platforms, effective Forex trading signals, webinars and much more.