INVESTING
Forex Brokers
Monitored brokers who operate on the Forex market so that you and other traders can access reliable information about each broker company
- Regulated by reputable financial authorities, including ASIC, CIMA, SIBA, and FSCA
- Multiple trading platforms to choose from, including MT4, MT5, ProTrader, and WebTrader
- A diverse range of tradable assets, including over 49 currency pairs, 25 indices, 51 ETFs, 22 commodities, and 800+ share CFDs
- Educational resources and trading tools to help clients improve their trading knowledge and skills
- Special promotions and bonuses, such as Refer a Friend, Deposit Bonus, and Vantage Rewards
- Straightforward funding and withdrawal methods
- Excellent customer support, including live chat and email
- Limited customer support options, including only one international phone number
- No negative balance protection offered
- Raw account type has a high minimum deposit requirement of $500
- No US clients accepted
- Spreads can be relatively high on some trading instruments
- Established in 1999
- Regulated by multiple authorities
- One account type
- Four trading platforms to choose from
- TradingView is available
- Copy trading is available
- MetaTrader is available
- Multiple websites depending on the region
- Websites can be confusing
- One account type
- Limited trading resources and educational material
- Limited assets list
- Founded in 2005
- Two account types
- ECN broker
- Low minimum deposit
- MT4 and MT5 are available
- Easy registration process
- Investor compensation scheme of up to 20,000 EUR
- Social/copy trading
- Only regulated by CySEC and MiFID
- Negative balance protection may only apply to ECN accounts
- Website is overwhelming
- Lack of trading resources
- Not many promotional offers
- Offer multiple trading platforms
- Mobile trading is available
- MetaTrader is available
- CFD broker
- Large asset list
- Founded in 2006
- Regulated by many top-tier authorities
- Largest telephonic customer support service to date
- Site is quite convoluted at times
- Can be difficult for beginners to navigate and understand
- Trading academy is for clients only
- Prices are industry average
- Offer MetaTrader 5 and 5
- The mobile trading app is award-winning
- There is a proprietary web terminal
- Opening an account is quick
- European and Swiss regulatory platforms
- Regulated by the FSA
- Been in operation since 2012
- Four account types to choose from
- Islamic account only applies to two account types
- Support is 24/5
- Demo account is locked behind a live account
- Trading resources and education is limited
- Founded in 2007
- Offer forex, stocks, commodities, crypto, futures
- Offer MetaTrader (4 and 5)
- Mobile trading app
- Licensed by the FSC
- Good amount of trading resources
- Good customer support
- Two account types with Cent accounts for each
- Demo account
- Maximum leverage is 1000:1
- Low Trustpilot score
- Spreads are high
- Only regulated by one authority
- 10 USD minimum
- Demo trading account is great for beginners
- User-friendly platform
- Regulated by FinaCom
- Very few trading instruments
- Only two trading platforms
- No MetaTrader
- Various trading conditions for different assets
- Easy registration
- User-friendly platform
- No information on regulators
- No information on negative balance protection
- No information on account types
- Low client score
- Only regulated by CySEC*
Matthew Murphie founded FP Markets in 2005. With clients using MT4 and MT5 as the base trading software, they are able to trade forex, stocks, crypto, indices, commodities, ETFs and bonds. This CFD and forex broker is reregulated and regarded as reputable due to the three authorities that regulate it. This FP Markets review details and compares FP Markets' pros and cons to determine how good their services and features are.
- MT4 and MT5 are available
- Been in business since 2005
- Regulated by multiple financial authorities
- Two easy-to-understand account types
- Over 10,000 assets to trade
- Good amount of trading resources
- Islamic Swap Free accounts are an option
- Many funding methods are available
- Only trade CFDs
- There is a minimum deposit of 100 AUD or the equivalent
- Some information and trading resources on the site are outdated
- There is no Cent account available
- There are no special offers except for the affiliate and IB program
Tickmill is an online CFD broker that was founded in 2014 and started providing brokerage services in March 2015. This MetaTrader only broker currently has over 300 thousand global clients and offices in Seychelles, Malaysia, and South Africa. This Tickmill review will break down Tickmill as a broker and everything they have on offer for prospective clients.
- Regulated by multiple authorities
- Has MetaTrader4 and MT5
- Three "basic" trading accounts
- Able to trade CFDs
- No commissions
- Good customer support
- Good trading resources
- Good trading education
- Mobile app is only for account management
- Commission on two of the three trading accounts
- Can't trade commodities
- The minimum deposit is 100 USD, regardless
- No mobile trading app
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This site provides information on cryptocurrencies, CFDs, and various financial instruments, along with details about brokers and trading platforms. These instruments are complex and carry a significant risk of loss. It’s important to fully understand how they work and assess if you can afford the associated risks before investing. We encourage doing extensive research before any investment and caution against investing in instruments that are not fully understood.
