Choosing the best forex broker is a pretty difficult task. You have to compare dozens of companies and their trading conditions, and there are also many additional characteristics you must consider: commissions and fees, security measures, bonuses, educational programs, and so on.
Here are the articles to explain, Traders Union Experts Named The Best Forex Broker
To help you out, the Traders Union team has analyzed the Forex market and found the best option out there for all possible trading strategies and preferences.
Main characteristics
To determine a truly versatile and convenient broker, the experts use several crucial criteria. The most important of them is the security level: an unreliable or unregulated broker can’t trust even if it offers attractive conditions. Trading fees and instruments are also important things to consider. Finally, there are additional benefits: bonuses, investment programs, special account types, and so on. Today, good brokers are constantly looking for new ways of attracting users to their trading platforms.
Best broker
The experts have compared all the top companies on the market. It seems that IC Markets is currently the best choice. This broker is popular internationally, and it’s regulated by ASIC, a major Australian financial organization. The regulator closely monitors all the transactions, so you can be sure your money won’t disappear. There is also an insurance program for unexpected situations or mistakes, so the broker can consider it very safe and secure.
The trading conditions are also favorable. There are lots of available instruments: Forex pairs, futures, and an impressive variety of CFDs. The broker knows for quick order execution and tight spreads: a raw spread account can create to access spreads starting from 0.1 pips. The platform supports all kinds of trading strategies: for example, you can use it for scalping or hedging. You can trade right on your mobile device and choose between MT4 and cTrader.
The minimum deposit is $200, and the leverage reaches 1:500. The 24/5 customer support service is exceptional among other Forex brokers, and there is also an extensive library of educational materials covering the most crucial aspects of Forex and CFD trading. You can use several useful tools like the risk calculator, too. The trading fees are pretty low, and withdrawals are quick and easy. All that makes the broker suitable for traders with any background, experience level, and trading style.
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