We found 11 online brokers that are appropriate for Trading Forex Investment Platforms.
The Forex market was born when the dollar left the gold standard and started to be traded against other currencies. As a result, banks, institutional investors and even retail traders begun to speculate on global currencies.
Following these trends, the major banks created currency futures to protect against currency volatility in the foreseeable future. This market has grown over time and has become increasingly complex. The main factor that dictates the role of an entity in this market is market capitalization, money management, technology advancement in trading platforms, and levels of expertise.
Amongst all the Forex market players, retail traders are most affected by movements by banks and institutional investors. Retail traders can only follow the trends imposed by the major banks and the other players. In order to be successful, every retail trader must show great discipline and asset managing skills. In this article, we discuss the roles of the major players in the Forex market.
Big banks serve as market makers. They set up the prices of the currencies and create a bid and an ask price. The difference these prices is known as the spread. Setting up the spread is the job of a market maker. The big banks make profits on the different spreads, currency exchanges, hedging, and arbitrage.
In fact, banks participate in the Forex market with the main purpose of getting profit. These institutions have teams that execute these orders and manage their capital. Trades are executed via electronic networks and which include of millions of dollars for each transaction. It also helps that banks have the advantage of understanding market forces. Using insider trading tactics, they can predict market swings and trade accordingly. However, it should be noted that no single bank runs the Forex market and they too can suffer the effects of volatility in the market.
To perform trading activities and hedge against losing positions, banks have a network. When a retail trader enters a position, the bank serves as a market maker and as a broker. For each position, the bank needs to find another bank or another customer to engage in a trade in the opposite direction. Therefore, the banks communicate with each other and the competitive nature forces each to offer a tight spread for traders.
These banks operate to facilitate a country’s financial transaction and to regulate the currency of a country. Unlike big banks, they are not mainly directed by profit. Central banks dictate their money policy and help smooth out any discrepancies in a currency value. These banks also hold massive amounts of foreign money. They use these capital when engaging in trades with other countries, so that they do not offset their own national currency.
Furthermore, such reserves are used to regulate the exchange rate of their own currency. This can be done by buying more foreign currencies or selling it to reduce prices. These banks can influence the decisions of their nation’s traders. They are also able to manipulate exchange rates by changing fiscal policies and making announcements about interest rate changes.
Businesses and corporations do not have the power to influence the market on the level that banks can. Businesses can only buy according to the prices set by market makers. Due to the nature of their business, they can be forced to engage in trades with foreign countries. This forces businesses to buy or sell foreign currencies to facilitate their business transactions. Thus, they engage in the Forex market to get the best deals and hold valuable currencies so they will not have to buy at higher prices on the future.
These investment vehicles are speculative and mainly aim for profits. These entities speculate and collect money form a large pool of investors. They then try to time the market and to catch the upswings to make profits from the market’s volatility.
The growth of the internet has facilitated the entry of more traders into the Forex market. Since traders all over the world can access the market, this has increased the market’s liquidity. The growth of such phenomena has been possible because the Forex market has no central regulatory body. As long as there is a buyer and a seller for a price level, the trade can be executed. Such tools have encouraged the entrance of retail traders and small financial institutions into the Forex market.
Such liquidity and ease of trading has been made possible by online brokers. These brokers are huge companies which connect retail brokers to the big interbank market. These brokers communicate with other banks and choose the best bid price and the best ask price available. Indirectly, the broker also acts as a market maker in combining different bids and asks, they create new prices for both.
There are multiple players in the Forex market influencing different aspects of the market. This is why understanding the market and the way it works might be very complicated for beginner traders at first. However, as long as the information discussed in this article is understood well, beginner traders should have no problem making profits from Forex trading in no time!
We've collected thousands of datapoints and written a guide to help you find the best forex market players 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 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 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 Investment Platforms.
Compare Forex Investment Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Forex Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Forex Investment Platforms that accept Forex Investment Platforms clients
Broker |
eToro
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IC Markets
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XTB
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AvaTrade
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Roboforex
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FP Markets
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Trading212
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Plus500
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Pepperstone
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EasyMarkets
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XM
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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) | Cyprus Securities and Exchange Commission (CySEC) | 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) |
Min Deposit | 200 | 200 | No minimum deposit | 250 | 1 | 100 | 1 | 100 | 200 | 100 | 5 |
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Used By | 17,000,000+ | 180,000+ | 250,000+ | 200,000+ | 10,000+ | 10,000+ | 14,000,000+ | 15,500+ | 10,000+ | 142,500+ | 70,000+ |
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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, Mac, Web Trader, cTrader, Tablet & Mobile apps | 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 |
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Learn More |
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Up with roboforex |
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Up with fpmarkets |
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Up with trading212 |
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Up with plus500 |
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Up with pepperstone |
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Up with easymarkets |
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Up with xm |
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 | 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 |
Demo |
eToro Demo |
IC Markets Demo |
XTB Demo |
AvaTrade Demo |
Roboforex Demo |
FP Markets Demo |
Trading 212 Demo |
Plus500 Demo |
Pepperstone Demo |
easyMarkets Demo |
XM 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 | 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 |
You can compare 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 Forex Investment Platforms for 2021 article further below. You can see it now by clicking here
We have listed top Forex Investment Platforms below.