We found 11 online brokers that are appropriate for Trading Forex Brokers Investment Platforms.
The Forex market has the largest trading volume per day, with almost $4 trillion per day. The market is open 6 days a week, beginning from Sunday afternoon EST and ending on Friday afternoon. Forex traders get to speculate on the world’s currencies. The movements of these assets depend on political events and other economic changes all over the world. Therefore, this is a market where all currencies affect each other.
Traders are able to open long or short positions on the exchange rates of a currency pair. When they go long, they are essentially speculating that the exchange rate of that currency pair will go up. When a trader opens a short position, they are speculating that the exchange rate of that currency will go down. Since this market does not have a main regulatory body, traders do not need to borrow capital or securities form a broker to enter a short trade. However, it should be noted that there is still a fee to be paid, which is called a rollover fee.
Most traders use brokers when trading Forex, as they manage the money in their account and provide other services. However, as with all services, fees will be incurred. Some brokers include their fees on fine prints, so it is important to thoroughly research before choosing a broker. In this article, we will provide you with some criteria to check against the Forex broker, so that you can make the best choice.
The first step to choosing your broker is to figure out your needs. That means figuring out the type of investor that you are and your plans. You also need to check for account security features and whether the broker is regulated. Brokers in USA are typically regulated by the NFA and CFTC. Other developed nations also regulate their brokers. Various brokers have different account requirements and account minimums. Therefore, you need to have clear goals about your budget that you can afford to pay and key trading features that you will need.
You will also need to check if your broker offers capital protection. Some brokers can get your money by force if you have a losing position on margin. If the brokers default, they are not required by law to distribute all their capital to their clients. Therefore, you should make sure that they offer reliable service. You can do so by reviewing their withdrawal policy and how they manage your money. Some brokers also offer educational resources and tools to help you improve your trading experience.
The basis of all speculation in the Forex revolves around the movements of the currencies’ exchange rate. The way that we measure the movements of the currency rates are done using units called pips. A currency pair expresses the exchange rate of 2 currencies. This is done by performing fraction mathematics. One currency is used as the denominator and one as numerator. The numerator is called the base currency and the denominator is called the quote currency. For example, if the EUR to USD exchange rate is 1,20000 it means that the EUR is trading 20% higher than the American dollar.
Since we explained that the EURO to USD ratio was 1,20000, this currency pair measures the strength of the euro compared to the dollar. The opposite currency pair, which is USD to EUR, will measure the strength of the dollar compared to the euro. Since we know EUR/USD, we divide by 1 to get the reverse currency rate, thus (1: 1,20000) = 0.83000.
Essentially, the most popular strategy is to trade the currency with the highest trading volume because it will also offer lower costs. Currently, the most popular currency pairs are EUR to USD, USD to JPY, GBP to USD and USD to CHF.
To measure the market fluctuations, we rely on pips. The Forex quotes have 5 digits where the last 2 digits are displayed in large print. This is the smallest increment that the ratio can change. There is an ask price and a bid price. The difference between these 2 values is called the spread. When you enter a trade, you need to plan your investment capital and the right position to enter. The bigger the capital allocated, the fewer pips you need to make a significant profit and vice versa.
Forex account are eligible to get loans, or margin. This is money that your broker can lend you to trade. Usually, Forex brokers allow up to 50 times leverage, loaning you a huge amount of capital relative to the one that you have in cash. It is important to know that interest is incurred from loans. Therefore the trader needs to be careful when trading on margin, as it needs to be ensured that the margin capital is making profit. If you trade on margin and the trade goes in the opposite way, your capital can get wiped out quickly.
Forex is traded through a communication network among banks that does not have a main regulatory body. Since they are not regulated, they are not forced to show the best quotes. Thus, they can make profits by displaying overpriced quotes too. The broker’s platform is used to execute the trades. Metatreader is a strong platform that is used by most brokers. There are desktop platforms and mobile based trading platforms too that can be used too.
There are a lot of trades that one can execute. There are safety tools that safeguard your capital, such as stop losses and close all orders. You can place a market order, which is an order that gets filled instantly at the market's best available price. The stop order is a request to buy a currency pair at a given price. Limit orders enters a currency pair at the best given entry price of your choice or better. A stop limit order sends 2 orders at the same time - a stop order and a limit order. Guaranteed stop loss is a order that will be filled with absolute accuracy if the price falls below certain value. Close all is an order type that closes all positions at the best available price.
Trading in the Forex requires many steps to ensure that you make a profit. Hence, sufficient research should be conducted to ensure that the trader is aware of the trading features necessary to execute the strategy. Before choosing the right Forex broker, such prior knowledge needs to be established before you can decide which broker best suits your needs. Therefore, traders should constantly remind themselves of the points brought up in this article to ensure that you work with the right broker.
We've collected thousands of datapoints and written a guide to help you find the best Forex brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best Forex Brokers Investment Platforms below. You can go straight to the broker list here.
There are a number of important factors to consider when picking an online Forex Brokers Investment Platforms trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Forex Brokers Investment Platforms.
Compare Forex Brokers Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Forex Brokers Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Forex Brokers Investment Platforms that accept Forex Brokers Investment Platforms clients
Broker |
eToro
![]() |
IC Markets
![]() |
XTB
![]() |
AvaTrade
![]() |
FP Markets
![]() |
Trading212
![]() |
Plus500
![]() |
Pepperstone
![]() |
EasyMarkets
![]() |
XM
![]() |
FXPrimus
![]() |
Rating | |||||||||||
Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), 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 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) |
Min Deposit | 200 | 200 | No minimum deposit | 250 | 100 | 1 | 100 | 200 | 100 | 5 | 100 |
Funding |
|
|
|
|
|
|
|
|
|
|
|
Used By | 17,000,000+ | 180,000+ | 250,000+ | 200,000+ | 10,000+ | 14,000,000+ | 15,500+ | 10,000+ | 142,500+ | 70,000+ | 10,000+ |
Benefits |
|
|
|
|
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
|
|
|
|
|
|
Spreads |
|
|
|
|
|
|
|
|
|
|
|
Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps |
Support |
|
|
|
|
|
|
|
|
|
|
|
Learn More |
Sign
Up with etoro |
Sign
Up with icmarkets |
Sign
Up with xtb |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with trading212 |
Sign
Up with plus500 |
Sign
Up with pepperstone |
Sign
Up with easymarkets |
Sign
Up with xm |
Sign
Up with fxprimus |
Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 79% 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. | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. | 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider 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. 79.3% 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 | Your capital is at risk | Your capital is at risk | Losses can exceed deposits |
Demo |
eToro Demo |
IC Markets Demo |
XTB Demo |
AvaTrade Demo |
FP Markets Demo |
Trading 212 Demo |
Plus500 Demo |
Pepperstone Demo |
easyMarkets Demo |
XM Demo |
FXPrimus Demo |
Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, 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, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | BR, KR, IR, IQ, SY, JP, US | US | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. |
You can compare Forex Brokers 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 Forex Brokers Investment Platforms for 2021 article further below. You can see it now by clicking here
We have listed top Forex Brokers Investment Platforms below.