Forex Indicators (Updated 2025)

While trading currencies using only fundamentals can prove successful to some, the most experienced of Forex day-traders use technical analysis with the assistance of indicators in an attempt to forecast and predict the future price performance of a traded currency pair. There are many useful indicators veteran traders and analysts have discovered and popularized in the past several decades that you too can begin incorporating in your trading portfolio right away.

Before you begin, however, it would be a wise move to do your own due diligence and research on the different types of technical indicators available to you, and have a compiled list at the ready of the most beneficial indicators that traders around the world use to leverage their trading position. Luckily, we have you covered with a ready-to-go starter list of today’s most popularly used Forex technical indicators.

What is a Forex indicator?

Before we give you the full list of indicators to look for in order to bolster your trading hand, let us first define what a Forex indicator is. Forex indicators typically consist of mathematical equations and are calculated using variables from the currency pair’s historical or present day statistical data such as the exchange rate, the spread, volume, and liquidity in tandem with asset holder interest (fundamentals).

While fundamentals help tell traders how a currency pair may perform mid to long-term and is open to subjective assessment, a technical analysis based on stringent indicators will help eliminate subjective bias out of the trader’s equation, providing for a more objective overview of potential short-term activity of the currency pair in question.

What makes for a prudent indicator?

Not all Forex indicators are created equal, and it’s the traders responsibility to know as to which indicator to use and at what time. Some indicators are used in a more broad sense and may apply to most trades executed in a given day, while other indicators may be used in specific circumstances based on the situation that the trader finds themselves in.

Generally speaking, a prudent indicator will be one that has broad applicability to differing currency pairs, provides for clear and concise trading signals that can be used in a moment’s notice to trade against, and offers useful information that is hyper relevant to traders who are looking to predict the future price movement of a given currency pair.

Most common Forex indicators used by day-traders

As promised, we have compiled a list below in alphabetical order of the top-most common and popular Forex indicators and what they look like in practice that span the gamut of technical analysis.

Bollinger Bands

The bollinger bands were created by a man named John Bollinger and at first glance may be a complicated indicator for some, but in simple terms they break down into a moving average that we’ll cover later on in the article, as well as upper and lower volatility bands. So what we have is a moving average, for example let’s take a 20-day moving average. We then we have 2 trading bands placed around the moving average and these are called the bollinger bands. The bollinger bands will typically be placed two standard deviations away from each other above and below the 20-day moving average.

The idea of using this statistical concept of standard deviations is to describe how prices are dispersed around an average value. Two standard deviations is designed in such a way that guarantees that 90-95% of the price data will fall between the upper and lower bollinger band.

CCI Indicator

The CCI indicator, originally discovered by Donald Lambert, is a momentum driven indicator that is categorized under the parent group of oscillator indicators. The CCI oscillator typically oscillates between several levels that include the +100 and -100, 0, as well as the +200 and -200. The aforementioned levels are often used as the over-purchased and over-divested levels. Donald Lambert originally used the extreme readings of +100 or -100 as signs of a strong or weak market. Mr. Lambert then looked to establish a trading position in the direction of the general trend. So while over-purchased and over-divested levels are not the intention of the CCI indicator, a lot of day-traders use those market conditions as the basis for their trading strategy.

Like other trading indicators, the CCI indicator has a few variables that you can change depending on the strategy that you’re using. For example the first variable, which is the look-back period is typically set at 14 and 20. Another variable is the price source. Most indicators use the source price, while the CCI uses the average price of 3 price values; (the high + the low + the close) / 3. To calculate the CCI, we’ll use the following formula: CCI = (typical price – 14 period SMA of typical price) / (0.015 X mean deviation) where the typical price setting is (high + low + close) / 3.

Exponential Moving Average (EMA)

Exponential moving averages are the second most widely used technical indicator when it comes to moving averages and Forex charts. Exponential moving averages give more weight to the most recent prices and are factored in by applying a percentage of today’s recent average closing price to yesterday’s exponential moving average (EMA). While simple moving averages look at all data identically, the exponential moving average will apply a higher weight to the most recent market movements.

The real advantage of using an EMA over an SMA is that it is able to pick up short-term volatility moves quicker. A typical short term moving average is ranges from 5 to 25 days, a mid-term moving average ranges from 25 to 100 days, and a long-term moving average from 100 to 250 days.

Fibonacci Retracements

In the 11th century, mathematician Leonardo Pisano Bigollo came up with the Fibonacci sequence, which is a mathematical pattern that can be observed to occur almost everywhere in nature. Many day-traders believe that the same sequence of numbers, this pattern, can also be found to permeate the Forex trading market.

Fibonacci retracements are short-term price corrections during an overall larger, upward or downward movement and will rise and fall between various support and resistance lines. One of the main benefits of day-trading using Fibonacci retracement techniques is that they provide a potential possibility to profit by entering and exiting trades in the original direction of the trend at much better prices.

MACD Indicator

The MACD indicator is a quick way of seeing moving average convergence and divergence (MACD). The MACD is a momentum indicator, which means it hints at the general direction of the trend of the exchange rate. There are several parts to the MACD indicator; the MACD line, the signal line, and the histogram and all three you have to pay close attention to as you enter and exit trades. The MACD line is a 12-day exponential moving average subtracted by the 26-day exponential moving average. This provides you with the short to medium-term trend of the price fluctuations. The signal line is the 9-day exponential moving average of the MACD line. Essentially the signal line becomes a smoothed-out, less turbulent version of the MACD line.

To put it very simply, day-traders who use the MACD indicator can use it as a buy or sell signal. It may not work 100% of the time, but typically the way this works is when the MACD line crosses above the signal line you buy, and when the MACD line crosses below the signal line you sell.

Momentum Indicators

The momentum indicator falls into the family of indicators that are commonly referred to as oscillators. Momentum indicators are important because often time momentum will precede the exchange rate of a given currency pair. Momentum indicators measure the amount the price of a given currency pair changes over time – the speed and frequency of change at which the price rises or falls. A market where the price differential is changing with a larger price gap during the time-frame on the indicator, we would consider that to be increasing momentum. So if the price is changing in smaller increments we would consider the momentum to be declining.

Relative Strength Index Indicator (RSI)

The relative strength index indicator, also commonly known as the RSI is a momentum indicator. When we’re looking for a momentum trend in a trading pattern, what we’re really looking for is sustained energy.

A good comparison by analogy would be to think of a train heading down railroad tracks. The train has built a lot of momentum and even if it slammed on its breaks, its momentum would continue to carry it forward for some time. Similarly, if a trading pair has built a lot of positive upward momentum, even if traders began liquidating their trading hand immediately, the currency wouldn’t decrease in price nearly as fast as a currency that has little to no momentum.

Simple Moving Average Indicator

If you’ve spent even a little bit of time looking at Forex price charts, you would have noticed that most often the price of a traded currency pair will oscillate up and down. In a fast moving market like Forex, you will find that the price may be surging up only to plummet moments later before surging up again, drastically increasing the potential for false trading signals. The moving average has been put in place to help filter out the noise from random price movements and smooth it out in order to see the average value change over time.

Forex Platforms Guide

We've collected thousands of datapoints and written a guide to help you find the best Forex Indicators 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 Indicators below. You can go straight to the broker list here.

Reputable Forex Platforms Checklist

There are a number of important factors to consider when picking an online Forex 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.

Our brokerage comparison table below allows you to compare the below features for brokers offering Forex Platforms.

We compare these features to make it easier for you to make a more informed choice.

Best 15 Forex Platforms of 2025 compared

Compare Forex Platforms min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

You can scroll left and right on the comparison table below to see more forex platforms that accept forex platforms clients

All Forex platforms in more detail

You can compare Forex Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

Broker	IC Markets	Roboforex	eToro	XTB	XM	Pepperstone	AvaTrade	FP Markets	EasyMarkets	SpreadEx	FXPro	Admiral	ThinkMarkets	FXPrimus	Trading212	forexmart
Rating	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★★☆	★★★☆☆	★★★☆☆	★★★☆☆	★★★☆☆	★★★☆☆
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) 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) (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)	Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272)	VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14)	FCA (Financial Conduct Authority) (609146), ASIC (Australian Securities and Investments Commission) (541122), FSC (Financial Supervision Commission, Bulgaria) (RG-03-0237), CySEC (Cyprus Securities and Exchange Commission) (398/21)	Instant Trading EU Ltd CySEC (Cyprus Securities and Exchange Commission) (266/15), Finateqs Corp (137723) Belize
Min Deposit	200	10	50	No minimum deposit	5	No minimum deposit	100	100	25	No minimum deposit	100	1	50	15	1	15
Funding	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal	Bank transfer Credit Card Paypal
Used By	200,000+	730,000+	35,000,000+	1,000,000+	10,000,000+	400,000+	400,000+	200,000+	250,000+	60,000+	7,800,000+	30,000+	450,000+	300,000+	3,000,000+	10,000+
Benefits	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit Offers Negative Balance Protection	Offers STP Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit Guaranteed stop loss Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Guaranteed stop loss Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Low min deposit Guaranteed stop loss Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit Offers Negative Balance Protection	Allows hedging Offers STP Low min deposit Offers Negative Balance Protection	Allows scalping Allows hedging Offers STP Low min deposit Offers Negative Balance Protection
Accounts	Demo account Mini account Standard account Zero spread account ECN account Raw Spread account Islamic account	Demo account Micro account Mini account Standard account Zero spread account ECN account Islamic account	Demo account Standard account Islamic account	Pro account Demo account Micro account Mini account Standard account Islamic account	Demo account Micro account Standard account Islamic account	Demo account Standard account Zero spread account ECN account Islamic account	Demo account Micro account Mini account Standard account Managed account Islamic account	Demo account Micro account Standard account ECN account	Demo account Standard account Islamic account	Demo account Standard account	Demo account Mini account Islamic account	Demo account Micro account Mini account Standard account ECN account	Demo account Standard account Islamic account	Demo account Micro account Mini account Standard account ECN account Managed account Islamic account	Demo account	Demo account Standard account ECN account Islamic account
Spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads	fixed spreads variable spreads
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	eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web	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	ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play)	WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play)	Web Trader, Mobile Apps, iOS (App Store), Android (Google Play)	Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play)
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	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	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support	Live chat Phone support Email support
Learn More	Sign Up with IC Markets	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 FP Markets	Sign Up with easyMarkets	Sign Up with SpreadEx	Sign Up with FxPro	Sign Up with Admiral Markets	Sign Up with ThinkMarkets	Sign Up with FXPrimus	Sign Up with Trading 212	Sign Up with ForexMart
Risk Warning	Losses can exceed deposits	Losses can exceed deposits	51% of retail investor accounts lose money when trading CFDs with this provider.	69% - 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	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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	Losses can exceed deposits	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 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.	Your capital is at risk
Demo	IC Markets Demo	Roboforex Demo	eToro Demo	XTB Demo	XM Demo	Pepperstone Demo	AvaTrade Demo	FP Markets Demo	easyMarkets Demo	SpreadEx Demo	FxPro Demo	Admiral Markets Demo	ThinkMarkets Demo	FXPrimus Demo	Trading 212 Demo	ForexMart 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, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI,	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	RU, AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW	AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC.	US, CA	RU

IC Markets

★★★★☆ (4/5)

Min deposit : 200
IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies
IC Markets was established in 2007 and is used by over 200000+ traders.

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Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

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

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Seychelles Financial Services Authority (FSA) (SD018)

Roboforex

★★★★☆ (4/5)

Min deposit : 10
Roboforex offers Forex, CFDs
Roboforex was established in 2009 and is used by over 730000+ traders.

Visit Roboforex Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by 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

eToro

★★★★☆ (4/5)

Min deposit : 50
eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds
eToro was established in 2007 and is used by over 35000000+ traders.

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51% of retail investor accounts lose money when trading CFDs with this provider.

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by 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

XTB

★★★★☆ (4/5)

Min deposit : 0
XTB offers Forex, CFDs, Cryptocurrency
XTB was established in 2002 and is used by over 1000000+ traders.

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69% - 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.

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by 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)

★★★★☆ (4/5)

Min deposit : 5
XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs
XM was established in 2009 and is used by over 10000000+ traders.

Visit XM Try a Demo Read review

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.

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

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

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by 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

Pepperstone

★★★★☆ (4/5)

Min deposit : 0
Pepperstone offers Forex, CFDs, Social Trading
Pepperstone was established in 2010 and is used by over 400000+ traders.

Visit Pepperstone Try a Demo Read review

75-95 % of retail investor accounts lose money when trading CFDs

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by 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

AvaTrade

★★★★☆ (4/5)

Min deposit : 100
AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading
AvaTrade was established in 2006 and is used by over 400000+ traders.

Visit AvaTrade Try a Demo Read review

71% of retail investor accounts lose money when trading CFDs with this provider

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by 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)

FP Markets

★★★★☆ (4/5)

Min deposit : 100
FP Markets offers Forex, CFDs, Bonds
FP Markets was established in 2005 and is used by over 200000+ traders.

Visit FP Markets Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by 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)

EasyMarkets

★★★★☆ (4/5)

Min deposit : 25
easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto
easyMarkets was established in 2001 and is used by over 250000+ traders.

Visit easyMarkets Try a Demo Read review

Your capital is at risk

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by 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)

SpreadEx

★★★★☆ (4/5)

Min deposit : 0
SpreadEx offers Forex, CFDs, and spread betting
SpreadEx was established in 1999 and is used by over 60000+ traders.

Visit SpreadEx Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835)

FXPro

★★★★☆ (4/5)

Min deposit : 100
FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies
FxPro was established in 2006 and is used by over 7800000+ traders.

Visit FxPro Try a Demo Read review

75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by 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)

Admiral

★★★☆☆ (3/5)

Min deposit : 1
Admiral Markets offers Forex, CFDs
Admiral Markets was established in 2001 and is used by over 30000+ traders.

Visit Admiral Markets Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073)

ThinkMarkets

★★★☆☆ (3/5)

Min deposit : 50
ThinkMarkets offers Forex, CFDs
ThinkMarkets was established in 2010 and is used by over 450000+ traders.

Visit ThinkMarkets Try a Demo Read review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.89% 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

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

ThinkTrader, WebTrader, TradingView, TradingView, Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Financial Conduct Authority (FCA), Financial Sector Conduct Authority (FSCA), TF Global Markets Int Limited (Seychelles) (8424818-1), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority FRN 629628, TFG (Payments) Limited (United Kingdom) (10537331), Think Capital Services UK Ltd (United Kingdom) (11054653), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272), TF Global Markets (AUST) Limited is the holder of Australian Financial Services License number 424700, TF Global Markets (South Africa)(Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835),TF Global Markets Int Limited Is authorised and regulated by the Financial Services Authority Seychelles Firm Reference Number SD060, The Cyprus Securities and Exchange Commission (CySec), TF Global Markets (STL) Limited (Saint Lucia) (2023-00272)

FXPrimus

★★★☆☆ (3/5)

Min deposit : 15
FXPrimus offers Forex, Social Trading
FXPrimus was established in 2009 and is used by over 300000+ traders.

Visit FXPrimus Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14)

Trading212

★★★☆☆ (3/5)

Min deposit : 1
Trading 212 offers Stocks, Forex, Commodities, Indices
Trading 212 was established in 2004 and is used by over 3000000+ traders.

Visit Trading 212 Try a Demo Read review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 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.

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

Web Trader, Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by FCA (Financial Conduct Authority) (609146), ASIC (Australian Securities and Investments Commission) (541122), FSC (Financial Supervision Commission, Bulgaria) (RG-03-0237), CySEC (Cyprus Securities and Exchange Commission) (398/21)

forexmart

★★★☆☆ (3/5)

Min deposit : 15
ForexMart offers Forex trading, CFD trading, Social trading, Share Dealing, Crypocurrency trading
ForexMart was established in 2015 and is used by over 10000+ traders.

Visit ForexMart Try a Demo Read review

Your capital is at risk

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by Instant Trading EU Ltd CySEC (Cyprus Securities and Exchange Commission) (266/15), Finateqs Corp (137723) Belize

Eightcap

★★★☆☆ (3/5)

Min deposit : 100
Eightcap offers Forex, CFDs
Eightcap was established in 2015 and is used by over 80000+ traders.

Visit Eightcap Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

TradingView, MT5, MT4, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by SCB (Securities Commission of The Bahamas) (SIA-F220), ASIC (Australian Securities and Investments Commission) (391441), FCA (Financial Conduct Authority) (921296), CySEC (Cyprus Securities and Exchange Commission) (246/14)

ForTrade

★★★☆☆ (3/5)

Min deposit : 100
ForTrade offers Forex, CFDs
ForTrade was established in 2014 and is used by over 1000000+ traders.

Visit ForTrade Try a Demo Read review

Your capital is at risk

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

Fortrader, MT4, Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by FCA (Financial Conduct Authority) (609970), CIRO (Canadian Investment Regulatory Organization) (BC1148613), ASIC (Australian Securities and Investments Commission) (493520), CySEC (Cyprus Securities and Exchange Commission) (385/20), FSC (Financial Services Commission, Mauritius) (GB21026472), Investment Industry Regulatory Organization of Canada (IIROC)

★★★☆☆ (3/5)

Min deposit : 10000
Interactive Brokers offers Forex
Interactive Brokers was established in 1977 and is used by over 3120000+ traders.

Visit Interactive Brokers Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

IBKR GlobalTrader, IBKR Desktop, IBKR Mobile, Trader Workstation (TWS), IBKR APIs, IBKR ForecastTrader, IMPACT, Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by NYSE (New York Stock Exchange), FINRA (Financial Industry Regulatory Authority), SIPC (Securities Investor Protection Corporation), CIRO (Canadian Investment Regulatory Organization), FCA (Financial Conduct Authority) (208159), CBI (Central Bank of Ireland), ASIC (Australian Securities and Investments Commission) (453554), SEHK (Securities and Futures Commission, Hong Kong), MAS (Monetary Authority of Singapore) (CMS100917)

Forex.com

★★★☆☆ (3/5)

Min deposit : 100
Forex.com offers Forex, Indices, Commodities, Equities, Cryptocurrencies
Forex.com was established in 1999 and is used by over 454000+ traders.

Visit Forex.com Try a Demo Read review

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.

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

Mobile Apps, iOS (App Store), Android (Google Play), WebTrader, MT4, MT5, TradingView

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by CIRO (Canadian Investment Regulatory Organization), CySEC (Cyprus Securities & Exchange Commission), NFA (National Futures Association), CFTC (Commodities Futures Trading Commission), CIMA (Cayman Islands Monetary Authority) (25033), FCA (Financial Conduct Authority) (446717) StoneX Financial Ltd, FSA (Financial Services Agency, Japan), MAS (Monetary Authority of Singapore), ASIC (Australian Securities and Investments Commission)(345646) STONEX FINANCIAL PTY LTD

★★☆☆☆ (2/5)

Min deposit : 0
IG offers Forex, CFDs, Spread Betting, Share dealing
IG was established in 1974 and is used by over 313000+ traders.

Visit IG Try a Demo Read review

Spread bets and 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 spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, ProRealTime, L2 Dealer, Mobile Trading APIs, Web Platform, Mobile Trading, Apple App iOS, Android Google Play

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by FCA (Financial Conduct Authority) (195355) IG Markets Limited, BaFin (German Federal Financial Supervisory Authority), CySEC (Cyprus Securities and Exchange Commission), FINMA (Swiss Financial Market Supervisory Authority), DFSA (Dubai Financial Services Authority), FSCA (Financial Sector Conduct Authority, South Africa), MAS (Monetary Authority of Singapore), JFSA (Japanese Financial Services Agency), ASIC (Australian Securities and Investments Commission), FMA (Financial Markets Authority, New Zealand), CFTC (Commodities Futures Trading Commission), BMA (Bermuda Monetary Authority)

Oanda

★★★☆☆ (3/5)

Min deposit : 0
Oanda offers Forex, CFDs
Oanda was established in 1996 and is used by over 100000+ traders.

Visit Oanda Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT5, MT4, WebTrader, fxTrade Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by CFTC (Commodity Futures Trading Commission) (0325821), NFA (National Futures Association), IIROC (Investment Industry Regulatory Organization of Canada), FCA (Financial Conduct Authority) (542574), MAS (Monetary Authority of Singapore), ASIC (Australian Securities and Investments Commission) (412981), Kanto Bureau (Kanto Local Financial Bureau) (2137), BVI FSC (British Virgin Islands Financial Services Commission) (SIBA/L/20/1130), PFSA (Polish Financial Supervision Authority) (KPWiG-4021-54-1/2004).

CMC Markets

★★★☆☆ (3/5)

Min deposit : 0
CMC Markets offers Forex, CFDs, Spread Betting, Binary Options
CMC Markets was established in 1989 and is used by over 1388000+ traders.

Visit CMC Markets Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

MT4, Web Platfrom, Mobile Apps, iOS (App Store), Android (Google Play)

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) (154814), FCA (Financial Conduct Authority) (173730)

HL Markets

★★★☆☆ (3/5)

Min deposit : 1
Hargreaves Lansdown offers Forex, CFDs, Spread Betting
Hargreaves Lansdown was established in 1981 and is used by over 1700000+ traders.

Visit Hargreaves Lansdown Try a Demo Read review

Losses can exceed deposits

Funding methods

Bank transfer
Credit Card
Paypal

Platforms

WebTrade, Mobile Apps, Apple App, iPhone, Android Google Play

Spread type

fixed spreads
variable spreads

Customer support

Live chat
Phone support
Email support

Micro account Standard account Islamic account VIP account

Regulated by FCA (Financial Conduct Authority) (115248)

Forex Indicators Review by Andrew Blumer last updated on February 11, 2025

Forex Platforms Table of Contents

Forex Indicators Explained
What is a Forex indicator?
What makes for a prudent indicator?
Most common Forex indicators used by day-traders
Bollinger Bands
CCI Indicator
Fibonacci Retracements
MACD Indicator
Momentum Indicators
Relative Strength Index Indicator (RSI)
Simple Moving Average Indicator
Forex Platforms Explained
6 Factors to Consider when Choosing Forex Platforms
Are Your Forex Platforms Trusted And Established?
Are The Forex Platforms World Leading?
What are the Forex Platforms Commissions and Fees?
What are the Forex Platforms Funding and Withdrawl Methods?
Find Forex Platforms with Round-the-clock support?
Make sure the Forex Platforms Offer Comprehensive Trader resources?
Why do Forex Platforms need to be regulated?
Related Forex Platforms Reviews
Related Forex Platforms Alternatives
Related Forex Platforms Comparisons
Forex Platforms FAQ
What are forex scams?
How do Forex scams work?
Is Forex a scam?
How do I protect myself from a Forex scam?
How can I spot a Forex scam?

Forex Platforms Explained

Trading the financial markets with Forex Platforms 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 Platforms is the platform that a Forex Platforms offer.

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

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

6 Factors to Consider when Choosing Forex Platforms

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

Are Your Forex Platforms 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 best rated Forex Platforms broker is IC Markets. Established in 2007, 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 Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.

Another best rated broker is Roboforex.

Roboforex was established 2009, Roboforex have a head office in Belize.

Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.

Broker	IC Markets	Roboforex	eToro	XTB
Year Established	2007	2009	2007	2002
Head Office	Australia	Belize	Cyprus, UK	Poland
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) 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)
Used By	200,000+	730,000+	35,000,000+	1,000,000+
Negative balance protection	Yes	Yes	Yes	Yes
Guaranteed Stop Loss	No	No	No	No
Learn More	Visit IC Markets	Visit Roboforex	Visit eToro	Visit XTB
Risk Warning	Losses can exceed deposits	Losses can exceed deposits	51% of retail investor accounts lose money when trading CFDs with this provider.	69% - 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.

Are The Forex Platforms World Leading?

Choose a broker that's at the forefront of innovation and generally considered an industry-leader. IC Markets Segregates clients funds and offers over 2250 instruments. IC Markets offers both an online trading platform as well as a mobile platform giving clients easy access to markets.

In addition, IC Markets 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. IC Markets 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 Platforms is Roboforex . Roboforex Segregates clients funds and offers over 12000 instruments.

Broker	IC Markets	Roboforex	eToro	XTB
Instruments Available	2250	12000	6000	6000
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	eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web	MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)
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, AO, BR, HR, GL, IS, IM, JM, FM, MC, NG, SI,	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
Forex pairs offered	61	35	50	57
Forex pairs offered	61	35	50	57
Major forex pairs	Yes	Yes	Yes	Yes
Minor forex pairs	Yes	Yes	Yes	Yes
Exotic forex pairs	Yes	Yes	Yes	Yes
Cryptocurrencies	Yes	No	Yes	No
Commodities Offered	20	21	31	21
Metals	Yes	Yes	Yes	Yes
Energies	Yes	No	Yes	Yes
Agricultural	Yes	No	Yes	Yes
Stocks Offered	2100	0	2042	1696
UK Shares	Yes	Yes	Yes	Yes
US Shares	Yes	Yes	Yes	Yes
German Shares	Yes	Yes	Yes	Yes
Japanese Shares	Yes	Yes	Yes	Yes

What are the Forex Platforms Commissions and Fees?

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

The best rated Forex Platforms broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.

Another best rated Forex Platforms broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10.

Broker	IC Markets	Roboforex	eToro	XTB
Min Deposit	200	10	50	0
Withdrawl Fees	No	No	Yes	Yes
Inactivity Fees	No	No	Yes	Yes
Deposit Fees	No	No	No	No
CFD Commission Fees	Yes	No	Yes	Yes

What are the Forex Platforms Funding and Withdrawal Methods?

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

Broker	IC Markets	Roboforex	eToro	XTB
Bank transfer	Yes	Yes	Yes	Yes
Credit Cards	Yes	Yes	Yes	Yes
Paypal	Yes	No	Yes	Yes
Skrill	Yes	No	Yes	Yes
Payoneer	No	Yes	No	Yes
Neteller	Yes	Yes	Yes	Yes

Find Forex Platforms with Round-the-clock support?

Customer service is very important when dealing with Forex Platforms.

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

IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more

Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian

IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.

Broker	IC Markets	Roboforex	eToro	XTB
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	English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more	English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian	English, German, Spanish, French, Italian	English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More	Visit IC Markets	Visit Roboforex	Visit eToro	Visit XTB
Risk Warning	Losses can exceed deposits	Losses can exceed deposits	51% of retail investor accounts lose money when trading CFDs with this provider.	69% - 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.

Make sure the Forex Platforms Offer Comprehensive Trader resources?

Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from best analysts, IC Markets and Roboforex 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 Platforms need to be regulated?

A regulated Forex Platforms broker lowers your risk.

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

Forex Platforms 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.

Ftse 100 Brokers FAQ

What are forex scams?

There are several types of Forex scams designed to part inexperienced traders with their money.

We list some signs of a Forex scam below.

Forex scam brokers lack regulation
Over promising
No track record from live trading accounts
Pressure to deposit money
Evasive with no straight answers

Lets be clear the Forex market is huge. Over $5 trillion is traded all over the world every single day. Trading currencies is the basis of the world economy.

There are many well established trusted and regulated brokers. Make sure you educated yourself before trading. You can read our guide to learn more.

How do Forex scams work?

There are many types of Forex scams including some of the Forex scams we list below.

The Signal Seller Scam. Signal sellers will claim to identify best times to buy or sell a currency pair.
Forex Robot Scams. A forex robot is a trading program that enter and exit trades automatically.
The Point-Spread Scam. The Point-Spread Scam based on computer manipulation of spreads.

You can learn more by reading our Forex trading guide.

Is Forex a scam?

There are many types of Forex scams including some of the Forex scams we list below.

The Signal Seller Scam. Signal sellers will claim to identify best times to buy or sell a currency pair.
Forex Robot Scams. A forex robot is a trading program that enter and exit trades automatically.
The Point-Spread Scam. The Point-Spread Scam based on computer manipulation of spreads.

You can learn more by reading our Forex trading guide.

How do I protect myself from a Forex scam?

You can protect your self from a Forex scam by making sure you check your broker is reputable. You can do that by checking the below.

Check your Forex broker has a history of at least 2 years.
Check your Forex broker has a reasonable sized customer support of at least 15.
Does the Forex broker falls 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 Forex broker you has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
Does your Forex broker you have an international presence in multiple countries. This includes local seminar presentations and training.
Make sure your Forex broker can hire people from various locations in the world who can better communicate in your local language.

How can I spot a Forex scam?

There are a tell tale signs of a forex scammer. Is a forex broker offers huge profits with little investment and little or no financial risk you should be wary of trading with the brokerage.

Stay safe and don’t run after individuals who offer 100% Guarantee.
Be aware of softwares that claims quick cash for with no risk.
Don’t install any random apps that claim to make you rich overnight.
Reputable forex brokers will able be able to prove regulation and their reputation.
Contact authorities and ask for a list of regulated safe brokers.

Forex Indicators Explained

What is a Forex indicator?

What makes for a prudent indicator?

Most common Forex indicators used by day-traders

Bollinger Bands

CCI Indicator

Exponential Moving Average (EMA)

Fibonacci Retracements

MACD Indicator

Momentum Indicators

Relative Strength Index Indicator (RSI)

Simple Moving Average Indicator

Forex Platforms Guide

Reputable Forex Platforms Checklist

Our brokerage comparison table below allows you to compare the below features for brokers offering Forex Platforms.

Best 15 Forex Platforms of 2025 compared

All Forex platforms in more detail

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