Trading Brokers
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Oanda
Oanda, A Reputable Broker You Can Trust
One of the first online trading platforms with 25 years of experience
Operating under seven Tier-1 regulators such as FCA, CFTC, NFA etc
A market-maker with very low spreads starting from 0.2 pips
No minimum deposit to start trading in several accounts, with excellent web and mobile trading platforms
Great educational content, with tutorials and technical analysis reports via MarketPulse
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eToro
Most popular online trading platform
Ideal platform for traders based in the US
Its high-end features also make it a great option for tech-savvy traders
Offers a welcome bonus
Requires no commission or extra fees above the spread on cryptocurrency trades
Executes trades in a speedy and reliable manner
One of the best mobile apps available in the market
You can use it to trade FX, CFDs, commodities, stocks and a wide range of cryptocurrencies
Licensed by: CySEC, FCA and ASIC
Requires a minimum deposit of $100
The rising star of the trading industry, social trading platform eToro supports multiple assets and empowers traders to invest in CFDs, stocks as well as digital assets. eToro is an ideal platform for both beginners as well as experienced traders, servicing over 10 million users, making it one of the largest trading platforms worldwide. You can use it to trade forex, stocks, indices as well as cryptocurrencies. Benefit from the support of the largest social trading community across the globe and enjoy a truly unique trading experience with eToro.
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Full broker reviews / To all brokers list
We offer a comprehensive list of online brokers you can choose from. Check out detailed reviews about brokers for forex, stocks, CFDs, and cryptocurrency trading, so that you can make an informed decision when picking the right broker to suit your trading needs.
Check out our review of forex brokers here.
You should read our definitive trading guide
Choose your forex broker wisely as this can make or break your journey as a trader. Although online trading started fairly recently, there are several names in this space promising a host of offerings and features. But how do you know which of these is right for you? Fortunately, this is where we come in with guidance that can help. Take a look at our definitive guide to choosing your online broker, so that you can stay updated and make the most important trading decision wisely.
Types of brokers
Millions of traders all around the world use online brokers and there are several types of forex brokers that you can choose from. There are essentially two types to pick from: dealing desk broker and non-dealing desk broker. A dealing desk broker, also known as market maker, takes the opposite side of your trade and does not hedge it. They offer a fixed spread and are more likely to trade nano lots to let you place extremely small-sized trades in the market. On the other hand, non-dealing desks, which include straight through processing (STO) and electronic communication networks (ECN), offer higher spreads by linking to a liquidity provider and larger lots to trade.
Trading Platforms
When it comes to online trading platforms, forex brokers offer their services tailor made for trading via a PC, Web Trading as well as via mobile apps. You can pick the right trading platform by reviewing the key features that each trading platform offers and whether they suit your requirements ;for instance, if you like to trade on the go, pick a trading platform that offers a good and reliable service through their mobile app.
For more information on best forex trading platforms, click here.
Mobile Trading
The advances in smartphone technology over the recent years have allowed people to live their lives on the move - be it work, staying connected with friends and family, and even trading, everything can be done on the mobile, on the go. The trend in the rise of mobile trading platforms reaffirms the rising preference among forex traders for a reliable and secure way to place their trades even when they are away from their computers.
Take a look at some of the leading mobile trading platforms to help you place your forex trades on the go.
MT4, MT5
The Metatrader 4 (MT4) and Metatrader 5 (MT5) platforms are among the most popular options as far as forex retail traders are concerned. Over 95% of forex brokers offer the MT4 and MT5 platforms on their websites, and they are among the most comprehensive options, offering a wide variety of essential features, being free for use, and featuring an easy to understand and navigate interface. Learn more about MT4 and MT5 platforms to decide which is the right option for you.
How to Choose your broker
From the hundreds or even thousands of online brokers available in the market, which one should you select and how do you know that you've made the right decision? Fortunately, we at FX Leaders understand your challenge and have just the right guide to show you what to look for in your forex broker so you can pick the perfect choice. Take a look at our guide on how to choose your forex broker to learn more.
Forex Brokers by Country
From among the seemingly infinite choices when it comes to forex brokers, which one makes the most sense to you? Here's a breakdown of leading forex brokers by country to help you shortlist the most promising options to compare, try out and select. Whether you're based in the US, UK, Germany, Australia or even Arab countries, we've got a wide list of forex brokers by country for you to select from, based on the most important features you need.
Top 4 Brokers