5.0 Overall
Minimum Depostit $100
Platforms and tools 5 stars
Having 103+ UK and International awards makes this broker the best overall broker to choose.
FxPro has four trading platforms to choose from and 24/5 multilingual costumer support.
Pros
- Fully licensed and regulated.
- Excellent trading platforms and tools, advanced technical indicators, and ultra-fast execution- orders are filled in under 13 milliseconds.
- Excellent multilingual costumers support team
- Excellent reputation in the industry
- Great educational and research materials
- Easy funding and withdrawal methods
Cons
- Inactivity fee – after 6 months of inactivity
4.90 Overall
Minimum Deposit $0
Platforms and tools 4.9 stars
Trade Nation is fully licensed and regulated by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
It has comparable low commission and fees.
Pros
- Trade Nation is fully regulated, making it a safe broker (low-risk) for forex and CFDs trading
- User friendly trading platforms and ultra fast order execution
- Low trading fees
- Professional costumer support team available 24/7
- No inactivity and withdrawal fees
Cons
- The Educational section need improvement
4.90 Overall
Minimum Deposit $2000
4.9/5 stars rating based on analyzing 300+ criteria, testing the broker’s platforms and tools
Having superb trading platforms and excellent trading tools, make Saxo Bank one of the best forex brokers.
Saxo Bank is great choice for advanced traders with well-funded accounts.
Pros
- Trading platforms are top of the line.
- Over 40,000 tradeable instruments
- Excellent customer service
Cons
- High Minimum Deposit
- Recommended for Advanced traders. Beginners may find its platforms complicated to use
4.70 Overall
Minimum Deposit $100
4.7/5 stars rating based on analyzing 300+ criteria and testing the broker’s trading platforms and tools.
It is secured and protected, licensed, and regulated by variety of global regulators and has professional costumer service support.
The company is a rapidly growing CFD provider and currently offers its portfolio of over 2800 instruments.
Pros
- Founded in 2008, Plus500CY Ltd is authorized & regulated by CySEC (#250/14)
- User – friendly(web trading) demo account, great for beginner traders
- Advanced trading tools
- Easy account opening process
Cons
- Withdrawal takes longer time
- May not attract advanced traders, because of narrow selection of market research
82% of retail CFD accounts lose money
4.70 Overall
4.7/5 stars rating based on analyzing 300+ criteria and testing the broker’s trading platforms and tools
It is market-leading global investment community where traders have the ability to copy the trades of experienced investors and opportunity to get in touch with their investing strategies.
Pros
- Fully licensed and regulated.
- Multi – asset platforms
- User friendly platforms, make eToro great for beginner users
- Social trading- a community of over 30 million users
- Investing with experts – unique portfolios and ability to copy top traders
Cons
- Algorithmic trading strategies are not supported at eToro
- Conversion fee
- Inactivity fee
4.60 Overall
Minimum Deposit $0.00
4.7/5 stars rating based on analyzing 300+ criteria and testing the broker’s platforms and tools.
CMC Markets is fully licensed and regulated, worldwide trusted broker.
Pros
- Founded in 1989, CMC Markets is publicly traded and regulated in five tier-1 jurisdictions alongside two tier-2 jurisdictions, making it a safe broker (low-risk) for trading forex and CFDs;
- CMC markets has low trading cost;
- CMC MARKETS has excellent intuitive online trading platforms.
Cons
- Costumer support only 24/5;
- Inactivity fee $15 per month for inactivity over 1 year.
CFDs are complex instruments and come with a substantial risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the substantial risk of losing your money.