AvaTrade is a popular online broker that is regulated by several top-tier financial authorities and has been in operation since 2006. The company is headquartered in Dublin, Ireland, and has regional offices in several countries, including Australia, Japan, and the British Virgin Islands. Clients are able to trade CFDs for many markets with this broker and this review covers everything potential clients would like to know about them.
★★★★★
More details +
Trust
8.5
Fees
6
Platforms and Tools
7
Customer Support
7
Tradeable Instruments
6
Account Types and Terms
4.5
Deposit and Withdrawals
5
Research and Education
6
PROS:
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
CONS:
Site is quite convoluted at times
Can be difficult for beginners to navigate and understand
As a global powerhouse in the online brokerage industry, Deriv, with its diverse asset offerings and commitment to user-centric services, has carved a niche for itself in the world of trading. This review delves into the intricate workings, offerings, and operations of Deriv, leaving no stone unturned to give you a comprehensive understanding of this reputable broker.
★★★★★
More details +
Trust
5
Fees
5
Platforms and Tools
7
Customer Support
4
Tradeable Instruments
5
Account Types and Terms
5
Deposit and Withdrawals
5
Research and Education
5
PROS:
Wide range of trading assets
Multiple trading platforms to suit various trading styles
Free API for developing a personalized trading platform
Provides a variety of account types
Global presence with offices worldwide
Compliant with international financial regulations
Offers partnership programs like the Affiliate and IB programs
Innovative Bug Bounty program for security enhancement
The payment Agent program offers an additional revenue stream
24/7 customer service
CONS:
No deposit bonuses or similar promotions
Some information is not readily available or transparent
The commission structure in IB program could be clearer
Specific information on Deriv MT5 commission plans is not disclosed upfront
Limited regional availability for certain programs (like CPA for EU only)
The payment Agent program is limited to servicing clients in the agent's country of residence
Minimum balance requirement during Payment Agent application review
Some restrictions on Payment Agent's clients based on residency
Limited information on the Bug Bounty program's reward system
FXPrimus is a global online forex and CFD broker that offers a variety of trading products and services to clients around the world. We will be reviewing this broker to give you a better understanding of what they offer and whether they are a good broker and right fit for your trading needs.
★★★★★
More details +
Trust
5
Fees
5
Platforms and Tools
6.5
Customer Support
4.5
Tradeable Instruments
5
Account Types and Terms
6.5
Deposit and Withdrawals
5
Research and Education
2.5
PROS:
Wide range of trading platforms: MT4, MT5, cTrader, and WebTrader
Variety of tradable asset classes
Different account types cater to various trading needs
Offers negative balance protection on all accounts (except demo)
Access to additional customer support channels for clients (Messenger, Whatsapp, WeChat, Zalo, Line, and Telegram)
24/5 live chat support
Multiple deposit and withdrawal methods are available
CONS:
Limited educational material, mostly accessible through a blog
No special promotions or incentives for clients
Deposit and withdrawal options less diverse compared to other brokers
Support via Messenger, Whatsapp, WeChat, Zalo, Line, and Telegram is not available to potential clients
Restrictions in certain countries, such as Australia, Belgium, Iran, Japan, North Korea, and the USA
Identical pages found when visiting different sections of the website
Trading resources not readily available for potential clients
FXCM is a well-known broker amongst retail traders and professionals alike. It was founded all the way back in 1999 and has had its fair share of ups and downs. This review covers everything you can expect to find from this online international forex CFD broker. Let's see how they fare compared to the rest.
★★★★★
More details +
Trust
7
Fees
5
Platforms and Tools
8.5
Customer Support
6.5
Tradeable Instruments
4
Account Types and Terms
3.5
Deposit and Withdrawals
4
Research and Education
3
PROS:
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
CONS:
Multiple websites depending on the region
Websites can be confusing
One account type
Limited trading resources and educational material
Tiger Brokers is somewhat of a "different" broker compared to traditional international online brokerages. Having been in operation since 2014, they have asserted themselves at the forefront of the specific trading that they offer. In this review, we outline and detail the pros and cons of this broker and compare them to some others to see how diverse and reputable they are
★★★★★
More details +
Trust
8
Fees
7.5
Platforms and Tools
7.5
Customer Support
4
Tradeable Instruments
8
Account Types and Terms
5
Deposit and Withdrawals
3
Research and Education
2
PROS:
Margin account for professional margin traders
Good proprietary software
US citizens can trade
Software available for Windows, Mac, iOS, and Android
One cash account that suits most traders
Regulated by the SEC
In operation since 2014
Futures, Options, ETF trading
Equities Trading
Regulated by top-tier financial authorities (Asic, FINRA, NSCC, SIPC, and DTC)
CONS:
The signup process is long
No CFD trading
Different services and features for different regions
MetaTrader is not available
Very few payment gateways
Trading resources and education is minimal
Trading education and resources is in Chinese only
XM.com (previously known as XeMarkets) is a Cyprus-based international online foreign exchange broker that allows users to open accounts and trade the financial markets. The company provides financial trading services through a number of electronic trading platforms, including MetaTrader 4 and MetaTrader 5, allowing traders to apply Expert Advisor (EA) strategies. They also have a proprietary mobile trading app, XM – Trading Point.
★★★★★
More details +
Trust
8.5
Fees
8.5
Platform and Tools
7
Customer Support
8.5
Tradeable Instruments
8
Account Types and Terms
6.5
Deposit and Withdrawal
5.5
Research and Education
9.5
PROS:
Strong CySEC regulation with MiFID protections and segregated client funds.
Fast execution under one second with tight spreads from 0.8 pips.
High leverage up to 1000:1 for eligible traders.
Low $5 minimum deposit and competitive account options.
Wide range of 1,400+ instruments including forex, stocks, and commodities.
CONS:
Not available to clients in the US, Canada, Japan, and some other regions.
Pepperstone is a globally regulated forex and CFD trading platform offering raw spreads from 0.0 pips, ultra-fast execution, and access to 1,200+ instruments across forex, stocks, indices, commodities, ETFs, and crypto.
IUX is a FOREX CFD trading broker that was established in 2016 and currently has over 180,000 users worldwide. It supports 6 languages. It has a modern and attractive website to use. The details and advantages are clearly visible from the first page of the website. In addition, IUX is a fast-growing and popular broker in Thailand.
Plus500 is one of the more "popular" and well known international online brokers. They were founded in 2008 and are regulated by several financial authorities not to mention they sponsor famous football and basketball teams. but how good are they as a CFD broker. In this review you will find that out and more.
Headway is a full-service online trading broker offering access to forex, stocks, indices, commodities and cryptocurrencies with ultra-low minimums, modern mobile apps and both MetaTrader 4 and 5 support.
More details +
Trust & Regulatory Status
5.1
Tradable Instruments
5
Fees
5
Account Types
4.2
Platform and Tools
5.5
Deposit and Withdrawal
5.9
Customer Support
4.7
Research and Education
5.6
Mobile Trading
4.7
Security
5.3
PROS:
Very low minimum deposit of US$1 makes Headway accessible to new traders.
eToro is a popular social trading platform that provides investors with access to a wide range of financial markets, including stocks, commodities, indices, and currencies. The platform has become increasingly popular due to its focus on social trading, allowing investors to interact, share ideas and insights, and replicate each other's trades. Let's look at this broker in more detail to see why they are so popular.
★★★★★
More details +
Trust
7
Fees
7
Platforms and Tools
6
Customer Support
3.5
Tradeable Instruments
5
Account Types and Terms
7
Deposit and Withdrawals
5
Research and Education
8.6
PROS:
Easy-to-use platforms
Very beginner friendly
Able to trade CFDs
Adjustable leverage per trade
One account to suit everyone (great for beginners)
In the labyrinth of online trading, every platform claims superiority. Among these, Trading Pro presents a portfolio of services, ranging from diverse account types to flexible transaction methods. However, with certain key aspects under the shroud of ambiguity, it provokes contemplation - Is Trading Pro a trusted choice for your financial endeavors? This objective review will present a clear picture, laying bare every essential detail about Trading Pro.
★★★★★
More details +
Trust
4.5
Fees
5
Platforms and Tools
5
Customer Support
4.5
Tradeable Instruments
3.5
Account Types and Terms
7
Deposit and Withdrawals
4.5
Research and Education
2
PROS:
Variety of account types
Reliable trading platform
Efficient customer support channels
Swift and secure transactions
Provides a cashback program
User-friendly client portal
No additional commission on deposits
Instant processing time for deposits
Diverse withdrawal methods
24/7 customer service
CONS:
Absence of clear regulatory affiliations
Lack of information on negative balance protection
Limited range of promotions
Absence of information on regional operation limitations
