Forex-traders-lifestyle Guide
Forex Traders Lifestyle
To gain recognition as a professional Forex trader, you will need years of commitment and consistent profitability with a clear strategic plan. Even though it requires a lot of effort at first, the results can be worth the effort you put in.
Trading on financial markets is not easy and requires allot of learning. But if you are willing to put the time in and understand the risks this may be a way to open up a new lifestyle for you.
There is potential to earn a high income and live the lifestyle that many people dream of. International banks and hedge funds offer huge opportunities for talented traders who are interested in working in the field. Forex trading is also a great opportunity if you want to earn an income from home. Of course not everyone is successful, this is why you must put in the work.
Maybe you are curious, how the daily life of a professional Forex trader actually is. You may have heard stories of these professional traders who are trading millions and making a living trading currency. You have to take everything you read with a pinch of salt. The reality is there are ups and downs and every trader has to understand how the markets and the trading platforms work as well as the risks to give themselves a greater chance.
To help achieve the goal of becoming a succesful Forex trader actively trading currency from around the world. Traders should focus on three areas, namely:
- A set Workflow. Experienced traders have a plan, they have a prepared routine from first thing in the morning till the end of the day.
- A traders attitude and the investment strategies they use day today affect their performance. Stay focused.
- Bad habits and lifestyle choices can either help or hurt a traders profitability.
Determining Market Hours
The enormous complexity of the currency market eventually encouraged professional Forex traders to specialize. That is a must, because Forex works from Sunday evening to Friday afternoon in the US Time zone, 24 hours a day.
Due to the working times, it is not possible to watch all markets continuously throughout the day. It would be hard to force continuous focus, which is only really possible in certain time frames and Forex pairs.
Several Forex pairs are popular with US professional traders, among them the EUR / USD and USD / JPY. Some other popular instruments match the time frames of the most popular currency pairs. These instruments also include Australian and Canadian dollars. This also applies to the Euro and Yen.
These professional traders often swap currency pairs that they are monitoring in reaction to the markets. Doing too much tracking in the currency market can reduce the reliability of the investment strategies as a traders focus is diluted.
Euro price actions usually takes place between one and 3 a.m. according to the time on the US East Coast. That allows local professionals to work earlier than equity and futures traders. Because of that time, the volume and volatility of Forex in the US decreased from lunchtime to late afternoon. And many people have given their opportunities away.
Nevertheless, the style of play can work well with the timing of major economic reports in the United States and Europe. For Asia, most are still unable to keep up with these developments even though the lifestyle can move world currencies at one time or another.
There are two other types of specialization options, namely:
- Matching market hours between the US and other markets.
- Extend your sleep cycle even further and you can wake up for the Asian session and finish trading the market early after a morning in the US.
Usually, professionals always focus on currency pairs that can have more profitable possibilities for their strategy. They will always apply that to every specialization. However, to be able to manage profitability, some things change over time, so professionals have to adjust their sleep hours to market activity.
Trading Day
The trading day starts immediately upon awakening. That is because the currency market is open, and prices change, either higher or lower, during sleep. However, the level of stress that occurs is lower because their capital is in the hands of a trusted broker and avoids outliers such as the devaluation of certain currencies.
The broker should ensure that any losses that may occur during sleep are within tolerance limits. Besides, Forex professionals are also very interested in the economic policies used by central banks from around the world, such as the Federal Reserve, Bank of Japan, European Central Bank, and the Peoples Bank of China in influencing currency movements.
Typically, these players have detailed economic policy release dates between central banks that they will later use as a reference in formulating strategies.
Forex professionals are a collection of all kinds of people who are attracted to the economic policies and policies of central banks around the world. They realize that currency movements can change according to changes in the direction of the central bank. Therefore, they are even willing not to lead a relaxed lifestyle and not sleep to make observations on currency market movements.
For these professionals, lack of sleep is the price they have to pay for developing the right trading strategy and risk management stragegy for their portfolio.
We've collected thousands of datapoints and written a guide to help you find the best Forex-traders-lifestyle 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 Brokers below. You can go straight to the broker list here.
Reputable Forex-traders-lifestyle Checklist
There are a number of important factors to consider when picking an online Brokers trading brokerage.
- Check your Brokers broker has a history of at least 2 years.
- Check your Brokers broker has a reasonable sized customer support of at least 15.
- Does the Brokers broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Brokers broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Brokers broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Brokers can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Brokers of 2020 compared
Here are the top Brokers.
Compare Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are Brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Brokers that accept Brokers clients
| Broker |
eToro
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IC Markets
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XTB
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FP Markets
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City Index
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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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FXPrimus
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| 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) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) | 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), 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 | 100 | 25 | 1 | 100 | 200 | 100 | 5 | 100 |
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| Used By | 12,000,000+ | 60,000+ | 250,000+ | 10,000+ | 14,000+ | 14,000,000+ | 15,500+ | 10,000+ | 142,500+ | 70,000+ | 10,000+ |
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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 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, 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 |
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| Learn More |
Sign
Up with etoro |
Sign
Up with icmarkets |
Sign
Up with xtb |
Sign
Up with fpmarkets |
Sign
Up with cityindex |
Sign
Up with trading212 |
Sign
Up with plus500 |
Sign
Up with pepperstone |
Sign
Up with easymarkets |
Sign
Up with xm |
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Up with fxprimus |
| Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 82% 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. | Losses can exceed deposits | 75% of retail investor accounts lose money when trading CFDs with this provider | 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 |
FP Markets Demo |
City Index 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 | US, JP, NZ | US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW | 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. |
All Brokers in more detail
You can compare Brokers 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 Brokers for 2020 article further below. You can see it now by clicking here
We have listed top Brokers below.
Forex-traders-lifestyle Table of Contents
- Forex-traders-lifestyle Explained
- 6 Factors to Consider when Choosing Forex-traders-lifestyle
- Are Your Forex-traders-lifestyle Trusted And Established?
- Are The Forex-traders-lifestyle World Leading?
- What are the Forex-traders-lifestyle Commissions and Fees?
- What are the Forex-traders-lifestyle Funding and Withdrawl Methods?
- Find Forex-traders-lifestyle with Round-the-clock support?
- Make sure the Forex-traders-lifestyle Offer Comprehensive Trader resources?
- Why do Forex-traders-lifestyle need to be regulated?
- Forex-traders-lifestyle FAQ
- What are the best Brokers brokers?
- What is the best B broker?
- Related Forex-traders-lifestyle Reviews
- Related Forex-traders-lifestyle Alternatives
- Related Forex-traders-lifestyle Comparisons
Forex-traders-lifestyle Explained
Trading the financial markets with Forex-traders-lifestyle when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Forex-traders-lifestyle is the platform that a Forex-traders-lifestyle offer.
Choose Forex-traders-lifestyle that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Forex-traders-lifestyle that you can rely on.
6 Factors to Consider when Choosing Forex-traders-lifestyle
Follow these five rules for selecting a broker that's right for you:
Are Your Forex-traders-lifestyle Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Forex-traders-lifestyle broker is eToro. Established in 2006, and in operation for 12 years eToro have a head office in Cyprus, UK.
eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.
| Broker |
eToro
|
IC Markets
|
XTB
|
FP Markets
|
City Index
|
Trading212
|
| Year Established | 2006 | 2007 | 2002 | 2005 | 1983 | 2006 |
| Head Office | Cyprus, UK | Australia | Poland | Australia | UK | UK |
| 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) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Monetary Authority of Singapore (MAS) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Used By | 12,000,000+ | 60,000+ | 250,000+ | 10,000+ | 14,000+ | 14,000,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | Yes | Yes |
| Learn More | Visit eToro | Visit IC Markets | Visit XTB | Visit FP Markets | Visit City Index | Visit Trading 212 |
| Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 82% 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. | Losses can exceed deposits | 75% of retail investor accounts lose money when trading CFDs with this provider | 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. |
Are The Forex-traders-lifestyle World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, eToro supports many popular third-party trading platforms enabling access to a variety of markets worldwide that can be traded with the assistance of expert advisors or a customizable automatic trading strategy. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Forex-traders-lifestyle is IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
eToro
|
IC Markets
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XTB
|
FP Markets
|
City Index
|
Trading212
|
| Instruments Available | 2000 | 232 | 4000 | 100 | 12,500 | 3000 |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
| 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, | US | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, JP, NZ | US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW | US |
| Forex pairs offered | 50 | 65 | 50 | 60 | 100 | 177 |
| Forex pairs offered | 50 | 65 | 50 | 60 | 100 | 177 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies | Yes | Yes | Yes | Yes | Yes | Yes |
| Commodities Offered | 0 | 19 | 21 | 18 | 26 | 14 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | Yes | Yes | Yes |
| Stocks Offered | 957 | 100 | 1696 | 10000 | 4500 | 1731 |
| UK Shares | Yes | No | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes |
What are the Forex-traders-lifestyle Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Forex-traders-lifestyle broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 200.
Another top rated Forex-traders-lifestyle broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
| Broker |
eToro
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IC Markets
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XTB
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FP Markets
|
City Index
|
Trading212
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| Min Deposit | 200 | 200 | 0 | 100 | 25 | 1 |
| Withdrawl Fees | Yes | No | varies | No | Varies | No |
| Inactivity Fees | Yes | No | No | No | Yes | No |
| Deposit Fees | No | Varies | No | Yes | Varies | No |
| CFD Commission Fees | No | Yes | Yes | Yes | 0.0015 | No |
What are the Forex-traders-lifestyle Funding and Withdrawal Methods?
When dealing with Forex-traders-lifestyle having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
eToro
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IC Markets
|
XTB
|
FP Markets
|
City Index
|
Trading212
|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | Yes | Yes |
| Skrill | Yes | Yes | Yes | Yes | No | Yes |
| Payoneer | No | No | Yes | No | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | No | No |
Find Forex-traders-lifestyle with Round-the-clock support?
Customer service is very important when dealing with Forex-traders-lifestyle.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Forex-traders-lifestyle customer support can include Phone answering services, Live chat support and Email customer service support.
eToro support a wide range of languages including English, German, Spanish, French, Italian
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
eToro and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
eToro
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IC Markets
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XTB
|
FP Markets
|
City Index
|
Trading212
|
| Support |
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| Languages | English, German, Spanish, French, Italian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese | English, Spanish, German, Arabic, Polish, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文 |
| Learn More | Visit eToro | Visit IC Markets | Visit XTB | Visit FP Markets | Visit City Index | Visit Trading 212 |
| Risk Warning | 71% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 82% 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. | Losses can exceed deposits | 75% of retail investor accounts lose money when trading CFDs with this provider | 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. |
Make sure the Forex-traders-lifestyle Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and IC Markets work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why do Forex-traders-lifestyle need to be regulated?
A regulated Forex-traders-lifestyle broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Forex-traders-lifestyle brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Forex-traders-lifestyle List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Plus500 offer a 100% Free and Unlimited Demo account 0 Commissions Tight Spreads
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account