We found 11 online brokers that are appropriate for Trading Forex Strategies.
Forex strategies are plenty. Whether you have just started or you are experienced, you still should be curious about all of the possible strategies that you can implement.
Without further ado, lets explore some of the most popular Forex strategies.
Price action trading refers to the Forex strategy which fetches historical information about the prices to determine the technical strategies for the next orders. You can use this strategy as it is or combine with it the other techniques like indicators.
Price action is applicable for short-term, medium, as well as long-term.
When it comes to the entry or exit points, there are some methods which you can use including the candle wicks, trend identification, fibonacci retracement, oscillators, as well as indicators.
You can use this strategy for various types of trading such as scalping, day, trend, range, position, as well as swing.
The Range Trading strategy refers to a trading strategy which allows the traders to identify the support and resistance points.
Range trading is a prevalent choice for traders who want to trade in the market without high volatility.
To use this strategy, you will need to use Technical analysis as your main Forex tool.
When it comes to the time frame, it is easy to comprehend that it can work with any plan. There is no specific time frame to follow. , it is viable as long as you are able to manage the risk.
For timing tools for entry or exit, you can use the Oscillators. There are different models of Oscillators. But if you are new to this, consider to use RSI - Relative Strength Index, or CCI - Commodity Channel Index.
It also comes with an enormous number of trading opportunities.
Trend trading is one of the most common strategies used by many traders regardless of their level differences. it is easy to comprehend the concept so that even the beginners will be able to reap the benefits of this strategy. The key to this strategy is to make use of the momentum which the markets show.
The length of time can be between the medium to long term time frame. The good news is that you can use multiple time frame analysis in trend trading.
Use the oscillator like RSI or CCI to determine the entry or exit points.
When there is a strong trend in the market, the traders will trade the pairs in the movement of the trend.
Position trading refers to Forex strategy which focuses on the fundamental factors which enforce the traders to mostly use the Elliott Wave Theory as the technique of trading.
It is a prevalent choice for traders who are fond of long-term time windows. You can adopt this strategy to your Forex trading at almost all occasions.
This requires the meticulous analysis towards the economic factors which can directly or indirectly affect the Forex market.
With the analysis and the data process, the traders will be able to forecast.
You can use technical analysis to determine the entry and exit points. The reward is highly positive. And it does not require much time to invest. However, it does not offer numerous trading opportunities.
AS the name suggests, the Day Trading strategy enforces the trader to transact Forex products within the same day of trading.
So, the traders will close (whether it is a win or loss) before the overall market closes. But the good thing here is that the traders can conduct both single and multiple trades at the same time.
It is a very-short term in terms of length of time since the trade is closed and opened at the same time.
Before applying this strategy, you will need to weigh the pros and cons first. Day Trading strategy indeed offers numerous trading opportunities. But the real challenge is in the technical analysis.
Scalping refers to Forex strategy which enforces the Forex traders to pursue the small profits on a more frequent basis.
Since it comes with the small profits, the time frame is fast paced. The traders can open and close multiple positions during the day.
Forex traders can do this manually or automatically with the help of the Forex software. If you are fond of quick results, this strategy is definitely for you.
For scalping, identifying the trend is the first and foremost technique to use. To verify the trend, you can use the indicators. Oscillators to use are RSI. You can also use a MACD indicator to determine the enter or exit trades.
Swing Trading refers to the speculative strategy which allows the traders to use trending markets and bonds. The traders can use tops and bottoms.
The positions can be long or short depending on the trends that the traders follow.
The oscillators and indicators are the useful tool to determine the exit and entry positions.
The swing trading is applicable for both trending and range bound markets. You will need to be flexible and tough when dealing with this strategy.
It comes with numerous trading opportunities. But the time investment will be extensive. And it will be a real challenge for the beginners.
Carry Trade is a Forex strategy which enforces the traders to borrow one currency at a lower rate, then investing in another currency for a higher rate. It is an astonishing strategy for the Forex market because the result can be positive.
The trending markets an ampler source for the Forex trader. Therefore, the very first step is to confirm the trend in the market. However, the trading opportunities are less numerous than other Forex strategies.
We have conducted extensive research and analysis on over multiple data points on Forex Strategies to present you with a comprehensive guide that can help you find the most suitable Forex Strategies. Below we shortlist what we think are the best forex strategies after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Forex Strategies.
Selecting a reliable and reputable online Forex Strategies 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 Strategies more confidently.
Selecting the right online Forex Strategies 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 strategies trading, it's essential to compare the different options available to you. Our forex strategies 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 strategies broker that best suits your needs and preferences for forex strategies. Our forex strategies broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Forex Strategies.
Compare forex strategies brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a forex strategies broker, it's crucial to compare several factors to choose the right one for your forex strategies needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are forex strategies. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more forex strategies that accept forex strategies clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | NordFX | EasyMarkets | SpreadEx |
---|---|---|---|---|---|---|---|---|---|---|---|
Rating | |||||||||||
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), License No: 209/13, VFSC registration number 15008 | 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) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 1 | 100 | 1 |
Funding |
|
|
|
|
|
|
|
|
|
|
|
Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ | 142,500+ | 10,000+ |
Benefits |
|
|
|
|
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
|
|
|
|
|
|
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, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
Support |
|
|
|
|
|
|
|
|
|
|
|
Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with etoro |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with nordfx |
Sign
Up with easymarkets |
Sign
Up with spreadex |
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 | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
NordFX Demo |
easyMarkets Demo |
SpreadEx 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, CA, EU, RU, SY, KP, CU | 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 |
You can compare Forex Strategies 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 Strategies for 2024 article further below. You can see it now by clicking here
We have listed top Forex strategies 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.