When it comes to the choice of Forex brokers, there are many factors you should consider. How to make the right choice? What should you pay attention to? Ranking, fees, spreads, platforms, and charting options are only some of the features you should analyze before making the final decision.
Of course, the best forex broker will often be a matter of individual preference for the trader and investor. The broker features such as the platforms, currencies, and spreads must be the strong sides of the best forex brokers.
FxPro is an international forex and CFD broker with a long trading background. Since 2006, this broker has achieved a great degree of trust to establish a loyal customer base of over one million. Today, there have been almost 400,000,000 orders processed with the close cooperation with McLaren F1 and Watford FC London. No wonder FxPro has around 60 international awards, being called Best Broker by the Financial Times in 2015-2018.
FxPro is represented by six different asset classes such as forex, shares, and indices on the MT4 and MT5 platforms. The broker’s fast processing reached mobile apps because it can guarantee total security. Customer fund protection, stellar business credit, and regulatory compliance with CySEC, DFSA, FCA, FSCA, and SCB make it possible for FxPro traders to navigate the market easily. Eventually, FxPro has turned into one of the most reliable brokers to trade with.
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AvaTrade is a multi-national company with multiple regional offices and sales centers in Ireland, France, Kapan, Italy, and Australia. The company has its administrative headquarters established in Dublin, Ireland. From a regulatory side, AVA Trade is administered by the Central Bank. Thus, this Forex broker operates as a licensed investment company that complies with the MiFID or Markets in Financial Instruments Directive. Thus, there is a standardized regulatory system for investment services companies functioning inside the European Economic Area. Thanks to MiFID, efficiency and transparency can be reached from a financial perspective and increased consumer protection for those conducting business operations.
AvaTrade has expanded its customer base to over twenty thousand. Thus, over two million transactions are processed every month. Currently, the Forex broker’s monthly trading volume has been indicated at the level of $60 billion. AvaTrade enables a remarkably complete online brokerage service that involves the ability to execute transactions in commodities, equities, indexes, CFDs and ETFs. This broker support MT4, while their proprietary AvaTrade trading platform is a good alternative marked with easiness to use. Also, AvaTrade offers traders a 40% reward on their initial deposit, which encourages potential members to join the broker.
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Exness is a Forex broker that has gained steam in the trading market. With the customer base of almost 60,000 active accounts from all over the world, Exness enables a safe environment for trading and investment operations. Thanks to the licenses issued by the UK’s Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), this Forex broker has sufficient resources to provide several flexible account types and financial tools.
Exness keeps surpassing new milestones, taking market share from other leading brokers due to excellent sponsorships with Real Madrid FC and WWF Russia. Traders and investors who join the broker will encounter a secure and streamlined trading environment. It offers favorable trading terms and conditions such as low spreads and ECN accounts.
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Now that you know some of the brokers with a great offering, it will be easier for you to make the right choice. Although finding a reliable resource is not an easy task, conducting thorough research and analysis turns out to be important processes. Before you take those steps, take the above-mentioned brokers for further consideration.