We found 11 online brokers that are appropriate for Trading Forex Investment Platforms.
The onset of the COVID-19 pandemic in 2020 destabilized the financial market severely. With the imposing of a global lockdown, the Forex market also reciprocated negatively. With 2020 being fraught with uncertainties, investors started looking for safe havens like gold and Bitcoin. Therefore, this article will discuss how the COVID-19 impacted the financial market in detail.
January 11 - The first known death from the virus in Wuhan was reported.
January 20 - The first confirmed cases outside China were reported in Thailand, South Korea and Japan.
January 23 - Wuhan was cordoned off by the Chinese authorities and no one was allowed to enter or exit the place through train, road and air. All public transportation services were suspended.
January 26 - The Chinese health commission minister warned about the wide spread of the virus.
January 30 - A global health emergency was declared by the World Health Organization amid an outbreak of the spread that continued outside China.
February 9 - Death toll due to the COVID-19 virus in China surpassed the total number of deaths from the global 2002-03 SARS epidemic.
February 13 - The death toll in the Hubei province of China rose to 242, with new infections climbing to more than 14,000.
February 14 - The first COVID-19 related death in Europe was reported in Paris when an 80-year-old Chinese tourist passed away.
February 20 - Three coronavirus cases were confirmed in Iran and the authorities announced the closure of schools in Qom city.
February 23 - Italy faced a rise in the number of coronavirus cases and emergency measures were introduced in the country.
February 29 - The first coronavirus death was reported in the United States and President Donald Trump announced travel restrictions across the country.
March 11 - Trump further announced travel restrictions from about two dozens of European countries to the US.
March 12 - WHO declares the COVID-19 outbreak as a pandemic.
March 13 - A national emergency was declared in the US.
March 16 - Largest point drop recorded in Dow in its history.
In a meeting on March 12, the European Central Bank (ECB) announced a stimulus to fight against the impact of coronavirus pandemic in the economy. However, it disappointed the market by refraining from decreasing interest rates. As a result, the president of the ECB was widely criticized.
The Bank of England slashed the base rate to 0.25 percent, leading to the crash of GBP/USD to as low as $1.1757 (the weakest since 1985). The fear among traders over the economic impact due to coronavirus, Brexit uncertainties, and the UK's current account deficit is forcing a selloff among investors.
The AUD/USD was at a 17-year low recently due to the probability that the recession in Australia may be prolonged and the prices of commodities may fall. The price of the AUD further reciprocates the Chinese economy as both are good trading partners. Furthermore, it is helpful to note that traders generally use AUD as a proxy to China as the Chinese RMB is not allowed within a designated range while trading. This is the reason the AUD is sometimes considered as a risk currency and traders tend to avoid it.
JPY is considered as a safe haven as Japan is the largest creditor in the world. It is also known as the world's creditor nation. Gold, USD, and Swiss franc are also considered safe-haven assets. Therefore, traders flocked to the Japanese currency amid the coronavirus pandemic.
Recently, the USD/CAD reached its highest level since early 2016 as the prices of crude oil fell to less than $24, which is the lowest since 2002. In March 2020, the oil prices suffered the biggest collapse following a boost of production by Saudi Arabia and a price cut after Russia refused to join the production cut led by OPEC.
The global market crashed in 2020 due to the COVID-19 pandemic and global lockdown. The market liquidity was wiped off and international trade suffered badly. Amid these dire circumstances, the repercussions on Forex trading was severe. Although the lockdown has been lifted in most countries, the financial market is still struggling to return to its pre-COVID state. While this is not an impossible feat, it will require time. Therefore, investors are recommended to have a strategy in place before choosing to invest in the Forex market.
We have conducted extensive research and analysis on over multiple data points on Covid19 Forex Trading to present you with a comprehensive guide that can help you find the most suitable Covid19 Forex Trading. Below we shortlist what we think are the best Forex Trading Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Covid19 Forex Trading.
Selecting a reliable and reputable online Forex Trading 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 Forex Trading Investment Platforms more confidently.
Selecting the right online Forex Trading 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 Forex Trading Investment Platforms trading, it's essential to compare the different options available to you. Our Forex Trading 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 Forex Trading Investment Platforms broker that best suits your needs and preferences for Forex Trading Investment Platforms. Our Forex Trading Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Forex Trading Investment Platforms.
Compare Forex Trading Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Forex Trading Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Forex Trading Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Forex Trading Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Forex Trading Investment Platforms that accept Forex Trading 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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Up with fxpro |
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. | 75-95 % 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 Forex Trading 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 Trading Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top Forex Trading Investment Platforms below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that 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.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.
Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.