We found 11 online brokers that are appropriate for Trading Nfp Forex.
If you are involved in the world of Forex trading, of course you have heard the term Non-Farm Payrolls, aka NFP.
You could be one of the people who are happy to welcome NFP or even be wary of Forex chart movements because they are waiting for the big news to determine your direction.
If you are one of the new people in the world of Forex trading, maybe you are still confused about how the number of Non-Farm Payrolls affects the movement of Forex charts.
As a major economic indicator in the United States, the number of Non-Farm Payrolls aka NFP includes the number of jobs added outside government employees, agricultural sector employees, private household employees and employees of non-profit organizations.
NFP releases are usually on the first Friday of every month at 08.30 ET and generally cause a big impact on the Forex market movements.
Because NFP data is released every month, traders make this data the best indicator that reflects current economic conditions. NFP data releases are scheduled on the economic calendar and released by the US Bureau of Labour Statistics.
The Federal Reserve Bank considers employment as a very important indicator, because if the unemployment rate is high it will encourage the emergence of expansionary monetary policy.
This expansionary monetary policy was chosen by policy makers to stimulate employment, increase economic output by providing low-interest business loans. The economy can be said to be running below its potential if the unemployment rate in the US is higher than usual.
Policy makers will try to stimulate economic development by providing lower interest rates and reducing demand for the dollar.
Forex traders generally consider inflation to fall, interest rates will also come down, and vice versa.
But actually the employment factor also plays an important role, if interest rates rise when the number of new jobs is low or the unemployment rate is high, then layoffs or layoffs could even occur.
Because the company feels a lack of funds to pay an increase in interest on loans to banks. Therefore, before raising interest rates, the policymaker, in this case, the Fed, must ensure that labour conditions in the United States are good.
In terms of inflation, if unemployment increases, there are no new jobs and high inflation, the Fed must cut interest rates.
With the hope that companies can allocate more money to open new factories, recruit new employees because of reduced loan interest.
But on the other hand, the attractiveness of investment in the United States, is also determined by interest rates. Certainly if US interest rates rise, many investors will choose to save funds in US Dollars.
The global financial situation can be affected by capital flight to the US from developing countries such as Southeast Asia.
Vice versa, if US interest rates fall, developing countries such as Southeast Asia will receive investment funds from investors because their interest rates are higher.
Bloomberg or Reuters will definitely survey economists before US Non-farm Payroll data is published.
This survey includes how big their estimated NFP data is. If the economist's consensus estimate is lower than the actual NFP number, the US Dollar will immediately strengthen rapidly.
Vice versa, if the estimate is higher than the actual NFP number, then the US Dollar will immediately fall within seconds.
This happens because many speculators are indeed specifically waiting for the moment of the publication of US Non-farm Payroll data.
Not only small Forex traders are waiting for the publication of US Non-farm Payroll data, hotshot traders can also use robots to detect NFP numbers and execute precise orders.
Actually, in addition to the US Non-Farm Payroll, there are still many other economic reports that could be more important. But speculators did not highlight the reports as important as the NFP.
An example of a volatile Forex movement after the release of NFP can be seen on March 8, 2019. What the market expects is an increase of around 180,000 jobs but in reality only 20,000 jobs are generated, as a result the Dollar Index (DXY) is declining in value.
Of course if NFP data is released, Forex traders must also be on guard. A sudden increase in volatility can cause trading to stop. Why? Because spreads will increase with volatility, a margin call can occur.
Because NFP is a job indicator data in the US, all currency pairs including US Dollars such as USDCHF, AUDUSD, GBPUSD, EURUSD, USDJPY etc.
Will be affected when NFP data is released.
Actually, in addition to money pairs that include US Dollars, there are other currency pairs such as CADJPY which also show an increase in volatility when NFP is released.
So Forex traders must be careful when NFP will be released, especially when your position is large floating and thin margins.
More and more traders are paying attention to US Non-farm Payroll from day to day, thus creating more profitable Forex trading opportunities.
Just imagine, in less than 1 hour, the price upheaval after the release of the US Non-Farm Payroll could reach 100-250 pips.
Everybody, not only traders or speculators will want to get that big profit in a very short time. So it is very clear why US Non-farm Payroll is very important in Forex trading.
But it should be underlined, because the risk is also very high, this trading opportunity is not always suitable for everyone. In a very fast time can get big profits and vice versa, big losses can also occur in a short time.
For traders who prioritize fund management, they usually choose to avoid US Non-farm Payroll for fund safety reasons, and start trading again the day after the release of US Non-farm Payroll.
Looking for a consolidation period ahead of NFP data released and trading at breakouts is the most common way to utilize trading news releases.
Trade on a short-term basis on daily basis, to avoid the risk of being dragged by volatility, caused by the release of NFP data.
You could have made the right move, but in the end it stopped because the market did not have the momentum to sustain the movement.
We have conducted extensive research and analysis on over multiple data points on Nfp Forex to present you with a comprehensive guide that can help you find the most suitable Nfp Forex. Below we shortlist what we think are the best nfp forex after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Nfp Forex.
Selecting a reliable and reputable online Nfp Forex 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 Nfp Forex more confidently.
Selecting the right online Nfp Forex 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 nfp forex trading, it's essential to compare the different options available to you. Our nfp forex 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 nfp forex broker that best suits your needs and preferences for nfp forex. Our nfp forex broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Nfp Forex.
Compare nfp forex brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a nfp forex broker, it's crucial to compare several factors to choose the right one for your nfp forex needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are nfp forex. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more nfp forex that accept nfp forex clients.
Broker | IC Markets | Roboforex | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro | Admiral |
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Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | 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) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | 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) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) |
Min Deposit | 200 | 10 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 | 1 |
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Used By | 200,000+ | 730,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ | 30,000+ |
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Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader |
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Learn More |
Sign
Up with icmarkets |
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Up with roboforex |
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Up with xtb |
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Up with xm |
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Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
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Up with admiralmarkets |
Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 74-83% 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. 74.12% 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 | Losses can exceed deposits |
Demo |
IC Markets Demo |
Roboforex Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets 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 | 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 | US, CA, JP, SG, MY, JM, IR, TR |
You can compare Nfp Forex 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 Nfp Forex for 2025 article further below. You can see it now by clicking here
We have listed top Nfp forex below.