Representing every currency available in the world and with 24 hours a day trading, the forex market is the most liquid and largest market all over the world.
An online broker is required to start and trade forex. A forex broker that you can trust is a must for the success of the market. As a trader, you can choose from different brokers that fit your style or needs. It is very important to know what your strategy and style are to determine what forex broker fits best to your plan.
Here’s a list of the best forex brokers of 2021:
IG – ranks as the best broker overall. It is also the most trusted among all the brokers available online. It has a variety of packages for traders that are great for research. Also, they have tools that can help traders execute their orders. They also offer a great list of products that are available for trade. Traders have a great overall experience from IG which makes it the best broker for 2021.
CMC Markets – this broker is also trusted by most traders and is considered to be the best web platform. They have great pricing and a lot of tradeable instruments. It also comes with Next Generation app that is great for research, charting, and trading tools.
Interactive Brokers – this particular broker fits professionals and institutions best. It offers a complicated trading platform with competitive fees. It also offers access to global markets and offers order types in advance.
TD Ameritrade FX – this platform is great but is limited to US citizens only. It offers around 80 pairs that come with trading tools as well as a feature for research. In addition, it also offers options on forex, forex futures, and ETFs.
XTB – is a great platform with awesome customer service. Their xStation 5 trading platform offers a great trading experience. XTB is traded on the Warsaw Stock Exchange publicly.
City Index – this platform is backed by GAIN Capital, a brand trusted by traders because of its advanced trading platform. They have a wide range of markets available as well as a great mobile app. It is part of the StoneX Group which is a Fortune 500 company.
FOREX.com – this broker is also part of the StoneX group. The brand is trusted by traders for having a great overall experience when they trade forex and CFDs.
eToro – this platform is famous for being the best copy trading platform. This is an option wherein traders can copy the trades of other investors. They offer over 2000 instruments which include forex, CFDs, securities, and cryptocurrencies.
Saxo Bank – for traders who can afford a deposit of 10k dollars, this platform is excellent. They have great research, top-notch customer service, very competitive pricing, and thousands of instruments that are available for trade.
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