AxiCorp Financial Services Pty Ltd was established in 2007. They are an Australian online broker that deals in forex and CFDs and is regulated by three highly reputable authority commissions, including ASIC, FCA, and DFSA. They also boast of having over 60,000 traders that span more than 100 countries worldwide. What else do they offer?
★★★★★
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Trust
7
Fees
7
Platform and Tools
5
Customer Support
6.9
Tradeable Instruments
6
Account Types and Terms
6
Deposit and Withdrawal
8
Research and Education
7
PROS:
Very low forex fees
No withdrawal or deposit fees
Creating an account is fully digital
Regulated by three authorities
Deposit insurance and compensation plans are available
A typical range of tradable instruments on offer
CONS:
Demo account is only available for 30 days
Users have experienced problems withdrawing funds
The account verification is complicated and drawn out
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.
★★★★★
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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
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.
★★★★★
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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:
Regulated by 6 authorities
No deposit or withdrawal fees
Deposit bonus
Referral program
Loyalty program
Over 1,000 instruments to trade
Great educational material
24/7 customer support
CONS:
Limited to specific regions
Standard account spreads are quite expensive
Average spreads are not published for ultra-low accounts
Average forex portfolio
No investor protection for residents outside the EU
TriumphFX is an NDD/STP broker that has been offering online trading since 2009. It further boasts that the broker has won several accolades for being the most trustworthy broker, including one in 2017.
ZFX was founded in 2016 by veteran traders with many decades of experience. With their insight and vision, they planned on establishing a platform that would make investing much more accessible to retail traders and institutional investors alike. Let's look at zfx review in more detail.
★★★★★
More details +
Trust
9
Fees
8.5
Platform and Tools
7.1
Customer Support
8.5
Tradeable Instruments
8
Account Types and Terms
6.6
Deposit and Withdrawal
6.1
Research and Education
9.5
PROS:
Three to Two types of trading accounts depending on the region
NDD, STP, and ECN broker
Regulated by the FCA and the FSA
Great resources for traders (A – Z Trading Academy)
Low initial deposit ($50) with a minimum lot size of 0.1
BDSwiss is an online trading platform that provides access to many financial markets, including forex, commodities, stocks, and indices. The company is headquartered in Switzerland and has several offices across Europe and was founded in 2012. There are many features and services that this broker offers and this review covers everything traders will need to know about them.
Exnova is a multi-asset online trading platform offering over 250+ instruments including forex, crypto, stocks, and commodities. Known for its sleek interface, low $10 deposit, and negative balance protection, Exnova caters primarily to beginner and intermediate traders. However, it operates without regulation from major financial authorities, which may pose risks for capital-heavy or compliance-focused users.
More details +
Trust & Regulatory Status
3.1
Tradable Instruments
3.4
Fees
2.9
Account Types
3.7
Platform and Tools
4
Deposit and Withdrawal
5
Customer Support
4.1
Research and Education
2.2
Mobile Trading
2.3
Security
3.5
PROS:
Clean, intuitive interface on both desktop and mobile
Start trading with just $10
250+ instruments including forex, stocks, crypto, commodities, and ETFs
Free demo available for risk-free practice
Quick order processing with minimal slippage
Regular promotions and trading competitions
CONS:
Not overseen by any major financial authority
No MetaTrader 4 or 5 support
Some users report withdrawal delays or issues
Not available in the U.S., E.U., and certain other regions
Dollars Markets is an online forex and CFD broker that, according to WikiFX, has been in operation between 2 and 5 years. Dollars Markets offers trading in the form of CFDs, and clients can trade financial assets such as forex, metals, indices, cryptocurrencies, shares, energies, and ETFs.
FxPro, a prominent London-based European online broker that specializes in providing an extensive range of contracts for difference (CFD) across various asset classes. With a strong presence in the trading world and a commitment to excellence, FxPro is the go-to choice for retail clients seeking a reliable and dynamic trading experience. Let's see how they fair in this review.
IUX is a FOREX CFD trading broker that was established in 2016 and currently has over 180,000 users worldwide. It supports 10 languages including Thai. 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.
OCTA is an online CFD broker that was founded in 2011. They have a good reputation, have accumulated numerous awards, and have thousands of positive reviews from clients and other broker review sites. We are going to take a look at this broker in detail to see what features and services are on offer, how good they are, and if you should consider them as a broker, you would want to use.
