Top Payza Brokers for 2020

Payza Brokers Explained

Trading the financial markets with Payza Brokers 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 Payza Brokers is the platform that a Payza Brokers offer.

Choose Payza Brokers that's at the forefront of innovation and generally considered an industry-leader.

To gain access to the financial markets, you'll need Payza Brokers that you can rely on.

6 Factors to Consider when Choosing Payza Brokers

Follow these five rules for selecting a broker that's right for you:

Are Your Payza Brokers 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 Payza broker is XM. Established in 2009, and in operation for 9 years XM have a head office in Cyprus.

XM is regulated. This means XM are supervised by and is checked for conduct by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) regulatory bodies.

Another top rated broker is NordFX.

NordFX was established 2008, and in operation for 10 years NordFX have a head office in Mauritius.

NordFX is regulated. This means NordFX are supervised by and is checked for conduct by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) regulatory bodies.

Broker	XM	NordFX	poweroption	forexeuroclub	FX Open	ForexTime
Year Established	2009	2008	2008	2008	2005	2011
Head Office	Cyprus	Mauritius	Cyprus	Russia	New Zealand	Limassol(Cyprus), London(UK) and Ebene(Maurtius)
Regulation	International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)	Cyprus Securities and Exchange Commission (CySEC), License No: 209/13	Cyprus Securities and Exchange Commission (CySEC)	Unregulated	Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)	Cyprus Securities and Exchange Commission (CySEC) with CIF license number 185/12, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa with FSP No. 46614, Financial Conduct Authority (FCA) of the UK with number 600475 as Exinity Limited (www.forextime.com), Financial Services Commission of the Republic of Mauritius (FSC) with an Investment Dealer License bearing license number C113012295, Forextime UK Limited (www.forextime.com/uk) is authorised and regulated by the Financial Conduct Authority firm reference number 777911
Used By	70,000+	10,000+	10,000+	10,000+	10,000+	10,000+
Negative balance protection	Yes				Yes	Yes
Guaranteed Stop Loss	No				No	No
Learn More	Visit XM	Visit NordFX	Visit PowerOption	Visit Forex EuroClub	Visit FX Open	Visit ForexTime
Risk Warning	Your capital is at risk	Losses can exceed deposits	Your capital is at risk	Your capital is at risk	Your capital is at risk	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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 Payza Brokers World Leading?

Choose a broker that's at the forefront of innovation and generally considered an industry-leader. XM Segregates clients funds and offers over 100 instruments. XM offers both an online trading platform as well as a mobile platform giving clients easy access to markets.

In addition, XM 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. XM 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 Payza Brokers is NordFX . NordFX Segregates clients funds and offers over instruments.

Broker	XM	NordFX	poweroption	forexeuroclub	FX Open	ForexTime
Instruments Available	100		190	105	100	100
Platforms	MT4, MT5, Mac, Web Trader, Tablet & Mobile apps	MT4, MT5, Tablet & Mobile apps	Mac,iPhone,iPad,WEB,MT4	MT4,WEB,iPhone,Mac	MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps	MT4, MT5, Web Trader, Tablet & Mobile apps
Excluded Countries	US, CA, IL, KR, IR, MM, CU, SD, SY	No			US	US, JP, CO
Forex pairs offered	80				50	60
Forex pairs offered	80				50	60
Major forex pairs	Yes	Yes	Yes	Yes	Yes	Yes
Minor forex pairs	Yes		No	No	Yes	Yes
Exotic forex pairs	Yes		No	Yes	Yes	Yes
Cryptocurrencies	No	No	No	Yes	Yes	No
Commodities Offered	15	0	0	0	0	0
Metals	Yes	Yes	No	Yes	Yes	Yes
Energies	Yes	No	No	Yes	Yes	No
Agricultural	No	No	No	Yes	No	No
Stocks Offered	160				0	173
UK Shares	No	No	Yes	Yes	No	No
US Shares	No	No	No	Yes	No	No
German Shares	Yes	No	No	No	No	No
Japanese Shares	Yes	No	No	No	No	No

What are the Payza Brokers Commissions and Fees?

Ensure that your broker is transparent with fees and those dues are competitive.

The best rated Payza broker XM offers competitive offers for Forex, CFDs. XM minimum deposit is 5.

Another top rated Payza broker NordFX offers Forex. NordFX minimum deposit is 1.

Broker	XM	NordFX	poweroption	forexeuroclub	FX Open	ForexTime
Min Deposit	5	1	100	100	1	100
Withdrawl Fees	No	No	$25	varies	Yes	Yes
Inactivity Fees	Yes	No			Yes	Yes
Deposit Fees	No	No			Yes	No
CFD Commission Fees	No	Yes			0.28 points	No

What are the Payza Brokers Funding and Withdrawal Methods?

When dealing with Payza Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.

Broker	XM	NordFX	poweroption	forexeuroclub	FX Open	ForexTime
Bank transfer	Yes	Yes	No	No	Yes	Yes
Credit Cards	Yes	No	Yes	No	Yes	Yes
Paypal	No	No	No	No	No	No
Skrill	No	No	Yes	No	No	No
Payoneer	No		No	No		Yes
Neteller	Yes	Yes	Yes	No	Yes	Yes

Find Payza Brokers with Round-the-clock support?

Customer service is very important when dealing with Payza Brokers.

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.

Payza Brokers customer support can include Phone answering services, Live chat support and Email customer service support.

XM support a wide range of languages including Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish

NordFX support a wide range of languages including Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian

XM and NordFX offer support where clients are able to call or contact the helpdesk via email or a chat service.

Broker	XM	NordFX	poweroption	forexeuroclub	FX Open	ForexTime
Support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support
Languages	Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish	Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian	English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian	English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian	English, Arabic, Farsi, Turkish, Espanol, Portuguese, French, Deutch, Russian, Thai, Malay, Bahasa	Italian, Malay, Polish, Dutch, English, Arabic, Chinese, Czech, Indonesian, Russian, Serbian, Slovak, Spanish, French, German, and Greek
Learn More	Visit XM	Visit NordFX	Visit PowerOption	Visit Forex EuroClub	Visit FX Open	Visit ForexTime
Risk Warning	Your capital is at risk	Losses can exceed deposits	Your capital is at risk	Your capital is at risk	Your capital is at risk	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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 Payza Brokers 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, XM and NordFX 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 Payza Brokers need to be regulated?

A regulated Payza broker lowers your risk.

Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.

Payza 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.

Payza Brokers FAQ

What are the best Payza brokers?

The best Payza brokers that are regulated are

• XM rated 4/5
• NordFX rated 4/5
• PowerOption rated 3/5
• Forex EuroClub rated 3/5
• FX Open rated 3/5
• ForexTime rated 2/5

What is the best Payza broker?

The best Payza broker is XM. We consider XM one of the best Payza brokers because XM is actively used by over 70000 active traders. XM ia regulated by tier 1 financial regulators including International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC). XM were founded in 2009 and have a headquarters in Cyprus. You can open a live trading account with XM with as little as a 5 min deposit.

Related Payza Brokers Reviews

Read our reviews on our Payza Brokers listed above. You can read our indepth Payza Brokers reviews below.

• XM Review
• NordFX Review
• PowerOption Review
• Forex EuroClub Review
• FX Open Review
• ForexTime Review

Related Payza Brokers Alternatives

If you feel some of the above Payza Brokers are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Payza Brokers alternatives below.

• XM Alternatives
• NordFX Alternatives
• PowerOption Alternatives
• Forex EuroClub Alternatives
• FX Open Alternatives
• ForexTime Alternatives

Related Payza Brokers Comparisons

You can read some of our Payza Brokers comparisons. We compare side by side some of our top rated Payza Brokers . Read some Payza Brokers VS pages below.

• XM vs eToro
• XM vs ICMarkets
• XM vs Trading212
• NordFX vs eToro
• NordFX vs ICMarkets
• NordFX vs Trading212
• PowerOption vs eToro
• PowerOption vs ICMarkets
• PowerOption vs Trading212
• ForexEuroClub vs eToro
• ForexEuroClub vs ICMarkets
• ForexEuroClub vs Trading212
• FXOpen vs eToro
• FXOpen vs ICMarkets
• FXOpen vs Trading212
• ForexTime vs eToro
• ForexTime vs ICMarkets
• ForexTime vs Trading212