We found 11 online brokers that are appropriate for Trading Cable Forex Investment Platforms.
Cable Forex is an investment term used for the GBP/USD currency pair exchange rate. This type of trading is referred to as interbank trading in the industry and can either be done with direct interbank brokers or over-the-counter (OTC) trading. Cable Forex is often used as an alternative to a traditional foreign exchange broker. Because of the interbank's nature of cable trading, many larger banks and financial institutions are represented on cable and futures exchanges throughout the world. These larger banks often use their greater amount of capital to absorb losses that would have be absorbed by smaller traders and institutional traders.
Traders use the GBP/USD exchange rate to place bids and offers on currencies. When a trader wants to sell a currency, he will purchase it at its current price and then call a sell order to sell it to another party at the current price. This is known as spot trading. With a buy order, a trader can purchase a currency before it reaches its current price and then call a buy order to purchase the same currency at its current price. Spot transactions often do not exceed the limit of the amount that can be bought or sold within a trading day.
Trading with the GBP/USD pairs involves buying and selling the exact same quantity of the currency, or a quantity less than the current price, for a specified period of time. Therefore, if the buyer wants to purchase one hundred thousand pounds of British pounds at the current price, and if he then sells all of the British pounds at the same price, he would be able to obtain the exact same quantity of the item at the current market price. However, the exact same quantity would not be available if he were to buy one hundred thousand pounds and then sell it to the current buyer. The trader would have to enter a variety of data into the computer program he uses in order to determine whether the buy or sell orders are valid.
Cable Forex is one of the more widely traded and used terms in the world that allows traders to track the movement of one currency with another. This is because Cable is able to display both the highest and lowest rates for any currency pair.
Trading in GBP/USD means trading in the United Kingdom (GBP) and the United States (USD). Many Forex brokerage companies offer currency trading through the use of the abbreviation GBP/USD. This is the basic price of United States currency, while the equivalent in other countries would be their local currency.
The trading is done through a broker such as a bank or a financial company. It is also possible to trade online through online trading platforms. Currency trading is done through the use of various types of analysis tools or indicators. On a GBP/USD currency trading chart, the first bar on the chart has a time low, which is denoted as the low point. The time low will always be a higher point on the chart than the current time or the high point. By seeing where the lowest point is, a trader can predict the highest point for the pair of currencies. This makes it possible to make better decisions when investing in GBP/USD.
A base currency is the exact quotation of two currencies, with each currency's value quoted against the other in a fixed exchange. It represents how much of each quote currency is needed to buy one unit of another. Currencies are usually identified by an ISO country code, or their three-letter hexagonal currency code. They are also identified by a list of names, or market names depending on which market you're trading on.
A price can be quoted and exchanged in the same manner as it would be in commodities or stock market exchange. However, a free market allows for quotes to be quoted using pairs of currencies rather than single currencies. For example, the British pound can be traded against the American dollar and the same would apply to the Euro, Swiss franc, Japanese yen and the Australian dollar. The base currency used can be the EUR/ GBP or USD/EUR depending on which market you are trading on and your quotation is then affected by the base rate in either direction.
We have conducted extensive research and analysis on over multiple data points on Cable Forex to present you with a comprehensive guide that can help you find the most suitable Cable Forex. Below we shortlist what we think are the best Cable Forex Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Cable Forex.
Selecting a reliable and reputable online Cable Forex Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Cable Forex Investment Platforms more confidently.
Selecting the right online Cable Forex Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Cable Forex Investment Platforms trading, it's essential to compare the different options available to you. Our Cable Forex Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Cable Forex Investment Platforms broker that best suits your needs and preferences for Cable Forex Investment Platforms. Our Cable Forex Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Cable Forex Investment Platforms.
Compare Cable Forex Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Cable Forex Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Cable Forex Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Cable Forex Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Cable Forex Investment Platforms that accept Cable Forex Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 74-89 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Cable Forex Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Cable Forex Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Cable Forex Investment Platforms below.
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