Forex Brokers Reviews

Choosing a forex broker is not an easy task. As there are hundreds of forex brokers present there, one could say that the forex traders are spoilt for choice. However, that is not really the case since picking a wrong broker could spell doom for a trader. It’s a matter of trusting somebody with your hard-earned money; so absolutely no lapse of caution could be permitted in this area. Below are described some of the criteria by which a forex broker could be chosen:

The first thing you need to bear in the budget with which you’re going to enter the field. Your resources, risk capital (i.e. how much of your hard-earned money you could afford to put at stake), trading style, everything need to be carefully analysed and put under scrutiny, if you’re to find the broker who suits you the most. Different brokers require different amounts of down capital for trading, so make sure you select one who can offer you the amount that you can make do with.

The kind of ‘lots’ a broker offers is an important point. In case you’re low on budget, you should be trading in micro lots; and also hire a broker who deals only in micro lots. Similarly, traders who prefer to trade mini or standard lots, they need to find the trader who deals in those respective lot categories.

Make sure that the brokerage firm does not have any restrictions regarding the amount that you are allowed to have in a micro or mini account. If you’re a ‘standard lots’ trader, then you will be able to trade in mini and micro lots freely.

If you’re a scalper, then you need to find out whether your prospective broker would allow it. A good number of brokerage firms are averse to scalping, so make sure that you have your broker’s permission in written.

The brokerage firms must have real tight spreads if you’re aiming to do multiple trades in a day. Keep in mind that the bigger the spread, the higher would be the cost. So you should gauge your trading strategy and numbers in accordance to the amount of money you can afford to spend. The greater the number of spreads, the more money you would be spending.

Finally, the process of depositing and withdrawing funds in and from the accounts should be easy. You should know the rules for depositing money in a particular brokerage account, and whether there is any minimum amount and specific method of deposition that one is required to follow. Many brokerage firms have a law that in case you make a deposit by a credit card, then you’d be required to only withdraw the same (or less) amount as the one you’d deposited.

So, keep all of the above in mind, and you’re good to go.

I offer to look closer at Freshforex. The company has been successfully operating for 11 years. Here it was recently named the best broker in Asia, and technical support was also awarded as the best tech support unit. And this broker will fit those who love regular bonuses and competitions with a big reward. Right now they are running "Grand contest" contest, where you can get a BMW x6 M for the first place!

MetaTrader 5 strengthens its positions in Pakistan: four TOP 10 brokers use the platform

"In 2015, we reported on the first broker launching MetaTrader 5 in Pakistan. A year later, four out of ten leading brokers offer the platform according to the Pakistan Mercantile Exchange (PMEX). The most remarkable thing is that MTG Financials Limited implemented MetaTrader 5 in February 2016 and found itself among the five leading brokers of Pakistan by May making an impressive leap forward in just three months!"

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How to Find Honest Forex Broker Reviews

A. CREDIBILITY

As we know that, reputation is playing very vital role when we are hiring forex brokers. Although you would not really use their services in terms of marketing yourself and you must make sure that you are not partnering with a run off the mill type of broker who cannot provide you with outcomes. You also must have someone whom you can trust enough with your transactions and even some vital confidential business information.

B. NETWORK

Your main goal of hiring a forex broker is to expand your business. Through online forex reviews, you can easily spot the industry names when it comes to forex brokering. You will know who’s who in the trade and the people who have made quite a number of following and transactions throughout the span of their career.

C. EXPERTISE

Reviews about forex brokers would definitely dissect the credentials of the person in discussion. After all, that’s what reviews are for. It aims to discuss the advantages and disadvantages when it comes to particular subject in term of its features. Reviews about forex brokers give you a better understanding of the professionals alongside their field of expertise and so you can identify if their expertise fits well with your business.

But given these pros, you must also place careful observance when reading forex broker reviews. Make sure you select those that are reputable enough and have been written by professionals themselves and remember one thing reviews are based on opinion and experience.

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Everybody has different reasons. In spite of good trading strategy, I had problem with drawdown because my broker Instaforex often canceled some deals. Sometimes I had margin call from this. But on my complains it didn’t react because it was according their rules.

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REAL Brokers Reviews - Your Free Independent Forex Source

The FX Trading Revolution is on the side of retail traders and is also here to provide other traders with the possibility to explore the truth about FX trading they should never know. The FX Trading Revolution team has tested hundreds of retail brokers around the world and you can see real account results below.

You will find only unbiased and true information here - the team FX Trading Revolution is not an Introducing Broker or Affiliate partner of any brokerage companies.
Criteria of the tests
We had to keep a lot of criteria in mind during our extensive and complex tests of brokerage companies on real trading accounts. However to summarize, our four main criteria are:
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Regulation and capital security
Trading conditions - especially trade execution (slippage) has a high priority as this is an extremely important factor for every trader (for more information - take a look at our Brokers Truth page)
Other trading conditions (spread / commission / swaps etc.) and technologies (stability, latency etc.)
Trading deposits and withdrawals - especially the duration of transactions

Mainly based on the criteria above we have created a list of FX brokers. To make the list as clear as possible, we show only a star review and a place in the first real accounts brokers reviews by the FX Trading Revolution team. We have tested hundreds of brokers around the world and in the table below we show top 25 brokers based on the number of clients.
​FX Revolution Rank
1
Brokerage
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Axiory Europe
Real results*​
30 768 USD
Review
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Excellent trade execution!
2
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LMAX
26 251 USD
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Very good trade execution.
3
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ATC Brokers
25 897 USD
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Very good trade execution.
4
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FXOpen
​23 970 USD
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5
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Pepperstone
​24 254 USD
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6
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Swissquote
21 056 USD
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7
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IC Markets
19 547 USD
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8
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Octa FX
19 784 USD
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9
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Dukascopy
15 239 USD
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10
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InterbankFX
21 056 USD
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11
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FXCM
14 520 USD
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12
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Oanda
13 748 USD
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13
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Hantec Markets
12 196 USD
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14
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ETX Capital
10 369 USD
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15
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FXPro
7 980 USD
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16
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X-Trade Brokers
6 580 USD
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17
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XM.COM
6 123 USD
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18
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Exness
2 147 USD
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19
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FXTM
​125 USD​
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20
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Saxo Bank
- 2 478 USD
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21
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FXDD
- 1 569 USD
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22
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HotForex
- 3 650 USD
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23
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Markets.com, Forex.com - 5 940 USD
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24
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Iron FX
- 9 690 USD
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25
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InstaForex
- 7 866 USD
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*Real results: results achieved on real accounts with exactly the same trading strategy.

Is Your Broker Eating Your Lunch? - Learn Forex

ECN Forex brokers, best brokers for scalping and news trading.
fx-brokers-review.com

https://halifax.com.au/download-meta-trader5/
Total 10,600 symbols covering Forex, Future, CFDs and Securities.

Playtech acquires CFH Group for $120 million
Online gaming technology company Playtech PLC (LON:PTEC), which was unsuccessful last year in its attempts to buy Retail Forex brokers AvaTade and Plus500 is once again attempting to increase its footprint in the FX world by agreeing to acquire institutional Forex player CFH Group for $120 million.

Binary Options industry association EUBOA holds meeting #3.
the new binary options industry association EUBOA held its third board meeting last week, this time in Israel. The first two EUBOA meetings took place in Cyprus.

LCG issues 5 million shares to new brand ambassador Stan Wawrinka.
UK online trading firm London Capital Group Holdings plc (LON:LCG) has made a regulatory filing indicating that ATP World Tennis #3 player and reigning US Open champion Stan Wawrinka has been issued 5 million LCG shares as part of his association with the company.

EZTrader.com has another tough quarter: $3.2 million Q3 loss, Going Concern doubt.
Another rough quarter at Binary Options brokerage group EZTD Inc, which seems to somehow keeps raising more money to stay in business.

Israel’s ISA hands out first-ever Binary Options Broker fine.
Israel financial regulator the Israel Securities Association (ISA) has handed out its first-ever fine to a Binary Options broker, for engaging in unregulated binary trades with Israeli clients.

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