Best Forex Brokers - Find Best and Trusted Forex Brokers

June 4, 2020 by ismo adamou Leave a Comment

Best Forex Brokers In Saudi Arabia 2020: Globally Trusted Forex Brokers‎

To start trading in the currency markets you will need a good forex broker in Saudi Arabia. there are several online forex brokers, it can be difficult to choose a good regulated and safe forex broker. here is a list of the best forex brokers in saudi arabia and offers Islamic trading accounts to its clients. all its forex brokers are selected to offer the best possible trading experience.

Some of the best forex brokers in saudi arabia are here. Do check them out.

XM – Best Overall Broker 2020
Hotforex – Best Forex Broker Asia 2019
Markets.com – Easy-to-use platform
Easymarkets – Best Forex Broker For Beginners
FXTM– Best Forex Demo Account
Exness – Best Account types with low minimum deposit

1. XM
XM offers advanced, client-focused, transparent and fair trading services. it offers to trade the main products of financial markets such as: Forex, Commodities, Equity Indices, Precious Metals and Energy.

XM offers several types of point trading, user-friendly, fast and secure such as MT4. xm offers ultra-fast execution orders and competitive tight spreads with a leverage effect of 1:888 depending on the country.

Headquarters: Cyprus

Regulation: ASIC, CYSEC, IFSC, FCA

Minium Initial Deposit: $5

Leverage: 1:888

Spreads: Variable

Trading Platforms: MT4, MT5

2. Hotforex
Hotforex is a forex broker known for its many awards and products. it offers several trading instruments via CFD trading services and a choice of 7 types of accounts and trading platform with reduced spreads, in means 0.1 EUR / USD. hotforex offers comfortable trading conditions with access to a wide range of spreads and liquidity via automated trading platform available.
Headquarters: Mauritius

Regulation: DFSA, FCA, FSC, FSCA

Minium Initial Deposit: $5

Leverage: 1:1000

Spreads: Variable
Trading Platforms: MT4, MT5

3. Easy Markets
Easymarkets is a simple forex broker that is very user-friendly. easy markets is the first forex broker to set up a trading platform without downloads.

easy markets offers to trade different types of asset classes, including crypto-currencies, forex, metals, energy, agricultural products and indices. the minimum deposit is £25 to open a trading account, it offers its clients the choice of trading platform as the Celer Metarder 4 trading platform and their web-based trading platform that allows them to “trade currencies any computer, no matter where you are.

Headquarters: Cyprus
Regulation: Cysec
Minium Initial Deposit: $25
Leverage: Fixed
Spreads: Fixed
Trading Platforms: MT4, Web tarding

4. FXTM
FXTM is a well-known forex broker in the industry, which is regulated by Cysec, FSCA, FCA, and IFSC. FXTM offers its traders a full range of trading options with demonstration and real accounts. They give you the ability to trade 60 currency pairs, indices, CFDs and spot metals, and contracts for differential shares.

FXTM offers several trading platforms, proposes as main platform Metatrader 4 and metatrader 5 as main platform, which are known as innovative trading platforms with full access to a multitude of trading instruments. Other trading platforms are available on the desktop, web and mobile.

FXTM which offers six trading accounts, each with its own characteristics that meet the different needs of its customers. As for the leverage effect it is floating up to 1:1000, depending on your country and spreads are tight up to 0.1 pips.

Headquarters: Mauritius
Regulation: FCA, FSC, CYSEC
Minium Initial Deposit: $10
Leverage: 1:1000
Spreads: Variable
Trading Platforms: MT4, MT5

5. Exness
Exness is a forex broker founded in 2008, they offer to trade more than 120 financial instruments such as currencies, bonds, indices, commodities and equities with spreads and fast execution on major products. exness offers its clients unique features and services such as 1:2000 leverage, instant withdrawal methods. as for trading platforms ness offers two trading platforms Metatrader 4 and Metatrader 5 help its many clients execute transactions quickly and efficiently. trading platforms are available on the web, mobile and office read also best forex brokers in qatar.

Headquarters: Cyprus
Regulation: FCA,Cysec
Minium Initial Deposit: $1
Leverage: 1:2000
Spreads: Variable
Trading Platforms: MT4, MT5

6. Markets.com
Markets is a global forex broker that offers good forex trading in saudi arabia service, they offer a very generous trading leverage of up to 1:300 and competitive spreads. it allows you to trade multiple financial instruments such as currencies, stocks, crypto currencies, commodity CFDs.

the minimum deposit to open a trading account is $100 and offers several trading platforms: Markets WebTrader, Markets Mobile WebTrader, Android native, IOS Apps, MetaTrader 4 + Tablet, etc. offers customer service available by email, phone and email to answer your complaints and questions.

Headquarters: Cyprus
Regulation: FSCA, ASIC, Cysec
Minium Initial Deposit: $100
Leverage: 1:200
Spreads: Fixed
Trading Platforms: MT4

June 3, 2020 by ismo adamou Leave a Comment

Best Forex Brokers In South Africa 2020 – The Most Reliable Companies

If you are new and don’t know what a foreign exchange market is, let me give you a little background. Basically, just like a stock market, you can buy currencies and sell them. There are usually forex brokers available who bridge the gap between a buyer and a seller. They will help you buy and/or sell and help you through the transaction procedure.

If you are a beginner, make sure you do your research properly as to which best forex brokers in south africa to hire. There are a lot of scams, so you need to be very careful. There are several features traders look for when hiring a broker, which includes trading platforms, customer support, trading education and research about currencies, trust and fees.

Xm – Best Overall Broker 2020, Wide Variety Of Trading Tools Instruments, Global Broker Operating In Safe Regulatory Environment, High leverage, No commissions, Lightning-fast execution
Hotforex – Micro account is a great trading environment if you want to learn more about the forex market. Markets.Com – Multiple Types Of Trading Platforms
Avatrade – Multiple further licenses
Fxtm – Great educational tools
Exness – Instant withdrawal of funds, Instant and market executionIf you are confused about who to choose and are in the south africa, below are some of the best forex brokers in south africa

1. XM
XM offers competitive signup bonuses. It also supports 60 currency pairs, and the minimum deposit price is $5, which makes it perfect for beginners. It supports 25 languages and gives a $30 no-deposit bonus, which will be available to you as soon as you sign up. You also get fast trade execution and negative balance protection.

It allows forex scalping and provide a practice demo account. You will get support for MT4 and MT5 trading. Furthermore, XM is regulated by the IFSC, ASIC and CySEC. There are no hidden fees in XM except for the standard deposit and withdrawal fee.

Online since: 2009
Regulation: CySEC, ASIC, IFSC
Payment options: wire transfers, Skrill, WebMoney, CashU, Credit Card, Neteller
Minimum Deposit: $5
Minimum lot size: 0. 0001lots
Leverage:from 1:888
Spreads: Variable
Trading Platform: MT4, MT5

2. HotForex
HotForex provides an average trading speed and has the lowest spread on the market. It has a knowledgeable customer support and is user-friendly. It offers 51 currency pairs and 97 cryptocurrencies traded as CFDs. It is easy to withdraw money without any charges, and you will get negative balance protection. It offers an intuitive MetaTrader trading platform. It also allows scalping and offers the same swap costs and overnight charges as most other brokers.

Online since: 2010
Regulation: CySEC, DFSA, FCA, FSCA, FSC
Payment options: wire transfers, Skrill, WebMoney
Minimum Deposit: $5
Minimum lot size: 0. 01lots
Leverage:from 1:1000
Spreads: Variable
Trading Platform: MT4, MT5, HotForex FIX/API

3. AvaTrade
AvaTrade offers fast trading speeds and a stable account. It has the lowest trading costs and supports MetaTrader 4. It has a good reputation all around the world. It is regulated by the top financial regulators such as FCA, ASIC and many others. It provides a free demo account with training courses. check out the other post on Best Forex Brokers In Malaysia .

Online since: 2006
Regulation: Central Bank of Ireland, ASIC, FSA Japan, FSCA
Payment options: wire transfers, Skrill, WebMoney, Boleto, Credit Card, FasaPay, Neteller
Minimum Deposit: $100
Minimum lot size: 0.01 lots
Leverage:from 1:400
Spreads: Variable
Trading Platform: MT4, Web trading, AvaOptions, Mobile trading, AvaTradeGO, Automated Trading

4. FXTM
FXTM comes with a variety of trading platforms including NinjaTrade, which is useful for its numerous trading tools. It is regulated by the FCA, CySEC and other top financial regulators. It has a minimum trade deposit rate of $100.

It provides an easy withdrawal option and supports MetaTrader 4. It offers ECN and STP trading desks and allows scalping and hedging. FXTM has a swap-free option as well and offers a free demo account . FXTM offers a range of market research tools as well that will benefit many traders.

Online since: 2010
Regulation: CySEC, IFSC, FCA, FSCA
Payment options: wire transfers, Skrill, WebMoney, Neteller, CasuU, Credit cards
Minimum Deposit: 5$
Minimum lot size: 0.01 lots
Leverage:from 1:1000
Spreads: Variable
Trading Platform: MT4, MT5, Webtrader

5. Markets.com
Markets.com is one of the best forex brokers in south africa which is regulated by FSCA, a global CFD and currency broker that offers fast trading speeds. It has 50+ currency pairs and has a minimum deposit rate of $100. You will get support for MetaTrader 4, and the broker gives high-quality training webinars. It has a good reputation among forex traders. It also comes with a free demo account for practice. There are no trading or withdrawal fees, but it’s only regulated by the CySEC and FSB.

Online since: 2010
Regulation: CySEC, AISC, FSCA
Payment options: wire transfers, Skrill, WebMoney, Neteller, CashU, Credit Cards
Minimum Deposit: 100$
Minimum lot size: 0.01 lots
Leverage:from 1:200
Spreads: Fixed
Trading Platform: MT4

Conclusion best forex brokers in south africa : Whether you are a beginner or a skilled trader, trading through brokers will give you many benefits thanks to their useful features.

June 3, 2020 by ismo adamou Leave a Comment

Best forex brokers in India 2020: Globally Trusted Brokers‎

Forex brokers form a link between traders and international currency markets. They do this in two different ways: by providing a platform and providing capital as well. On a trading platform, it is required that traders have access to the interbank market, which is a compilation of technological platforms that banks use to trade with each other.

If you are in india, here are some of the best forex brokers in india you can use:

Xm – Best Overall Broker 2020, High Bonuses, Tight Spreads
Hotforex – Trade Forex With Ultra Low Spreads

Fxtm – • Great Educational Tools
Avatrade – Full Slate Of Forex, Cfd, Cryptocurrency Offerings
Markets.Com – Web Trader Or Metatrader

Since its inception in 2009, XM targets 99.35% of all trading targets and has clients in over 190 nations. It also supports over 30 languages and offers a range of services in CFDs, equity indices, precious metals and energy. Furthermore, it offers over 25 different secure payment methods for its traders.

Pros

It is used by over 700,000 traders and regulated by IFSC, CySEC, and ASIC. It also needs a minimum deposit of just $5.

Cons

One problem with XM is that its customer support is only available from Monday to Friday, so traders who need any kind of support on the weekend will be stuck.

HotForex

This company was established in 2010 and now almost a decade later, it is one of the most experienced traders in the industry. It tries to provide the best possible offerings for traders and is extremely trustworthy.

It is regulated in several jurisdictions and offers traders opportunities to work with MetaTrader while providing analytical and educational resources.

HotForex appears to be the ultimate choice for a trader. It is secure, well-equipped and the perfect platform for new traders. To date, it has garnered support of over a million traders and has claimed numerous industry awards.

Pros

Being regulated in many jurisdictions is a massive positive for brokers, which will promote trust and flexibility. It also features a high variety of account types, so there is something available for every type of trader out there, regardless of volume.

Cons

Commission on zero spread accounts appears to be higher than average, which could be a bit more competitive. Furthermore, offering only MetaTrader might lead to the alienation of some traders who may be more accustomed to other platforms.

ForexTime (FXTM)

This is a highly popular platform, especially among South Africans. One feature that obviously makes this broker attractive is that it is regulated by the FSCA. This ensures that there are no illegal or shady practices taking place, which makes it safe for you to invest your capital.

Another advantage of this particular broker is that you don’t need to make the $250 minimum deposit that most other brokers require. ForexTime offers an account called the ‘Cent,’ which only needs a deposit of $5.

ForexTime is up there with the big boys, and it even offers a Copy Trader feature which allows traders to automatically copy professional traders.

Pros

FXTM is well-regulated. The bodies that regulate it have a good reputation in the finance industry. This should give you the confidence and trust you need to invest in this company.

The company also offers a diverse range of trading accounts, which allows the broker to be highly accessible to both new and experienced forex traders.

Trading on most accounts is commission-free and spreads are highly competitive, which is a strong point in its favor.

Cons

Traders might like to see more options beyond the MetaTrader platforms that FXTM offers. Also, CFD trading through FXTM is quite limited.

AvaTrade

This broker is regulated by not just one body but six of them. These bodies are local such as the FSCA as well as international. The head office of AvaTrade is based in Ireland. The company offers a wide range of educational services, giving novice traders the opportunity to follow the trades of the more experienced traders.

The range of trading platforms that it provides is quite wide – one of the widest in the market. It offers two platforms of its own: AvaTradeGo and AvaTradeAct. AvaTradeGo can be used on Android and iOS devices, while AvaTradeAct is compatible with Macs.

AvaTrade customers can also trade with platforms such as MT4, Mirror Trader, ZuluTrade and MQL5. These platforms also allow clients to follow signals and copy traders.

You can also use cryptocurrency here. It was actually one of the first brokers to offer this option, and it offers the widest range of cryptocurrency CFDs.

Pros

It is controlled by regulatory agencies in multiple countries. You also get a lot of choices when it comes to trading platforms. Support comes in 14 different languages, and its trading platforms are available in 20 languages. Demo accounts are available to try out its services.

Cons

Customer support is not available in the United States. Furthermore, regulation is absent from the United States. Transferring funds can also take as much as 5 days, whereas withdrawal can take up to 10 days.

Hint: You can also read our best forex brokers in qatar

Markets.com

This company was founded in 2007 and was initially called GFC Markets. This broker is regulated by some of the most authentic financial regulators: CySEC from Europe, the FSCA from South Africa and ASIC from Australia.

Markets.com is a relatively young company, but it is still growing and so far, it has shown tremendous transparency, user safety and positive indicators.

Pros

It is well-regulated by strict agencies, owned by a reputable parent company and publicly listed. The company also offers a diverse range of CFDs, offering a highly competitive spread that is attractive to traders.

Cons

A few spreads are unusually large, which some traders might not find attractive, especially the experienced ones. Further regulation is required, and the platform can be further expanded.

Conclusion

Choosing the right broker is crucial for your investment. You need to make sure you get a high return on your investment and your broker is not involved in illegal activities. The brokers mentioned above will meet these criteria, so you can directly choose the one that is most suitable for your needs without any hesitation.