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Through extensive research and a strict adherence to our robust methodology, we have determined the best forex brokers in all of these areas and more, which has resulted in our top rankings below. Our mission has always been to help people make the most informed decisions about how, when, and where to trade and invest.
Brokers Rating
HotForex is a brand name of the HF Markets (Europe) Ltd. that is authorized and regulated by the CySEC a regulatory authority for Investment Services firms in Cyprus, along with cross border licenses due to its European position, authorizing the company to provide investment services within EEA zone. In simple terms it means the broker is regulated and authorized to offers its trading service along with necessary safety measures and controls applied.
Brokers Rating
MultiBank Group was established in the United States, California in 2005, with current headquarters in Dubai. Since its inception, MultiBankFx has evolved into one of the largest online financial derivatives providers in the world. MultiBank Group combines prime liquidity, cutting-edge technology, and first-class customer service.
Brokers Rating
Trade Nation wasn’t always Trade Nation. From 2014 to 2019, we were known as Core Spreads, an award-winning, industry leader in low-cost trading. Trade Nation grew from a small, one-office team into a global trading presence. Core Spreads was a highly trusted and we’ve taken that success with us to Trade Nation.
Here are three of the most important factors to keep in mind when choosing an online broker for forex trading. First, make sure your broker is properly regulated. The safety of your deposit is always the top priority. Next, compare the trading platforms, tools, and investment research provided by each broker.
To check if your forex broker is regulated, first identify the register number from the disclosure text at the bottom of the broker’s homepage. Next, look up the firm on the regulator’s website to validate the register number. If the broker is not regulated in your country, do more research.
Look at commissions on the investments you’ll use most.
Look for brokers with a track record of reliability.
Pay attention to account minimums.
Watch out for account fees.
Look at the pricing and execution fine print.
Consider tools, education and features.
You can ask the broker for their Retail Foreign Exchange Dealer (RFED) number. You can also check with the National Futures Association or the Commodity Futures Trading Commission.
There are four main types of broker – a stock broker, forex broker, full-service broker and discount broker.
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