The best Forex brokers for you in 2021
Forex trading is the exchange of stocks, oil, currencies and many other assets in other countries. But for ordinary traders, it mainly involves currencies. People are interested in foreign exchange transactions because it provides them with a way to generate large amounts of capital. The use of foreign exchange transactions is worldwide. The international settlement bank said the average daily volume of foreign exchange transactions reached more than $ 5.1 trillion.
There are many brokerage options on the international market. There is no doubt that these platforms also present a risk of fraud, so choosing the best broker is essential. Trusted brokers are brokers licensed by certain agency regulators. You should always look for comments from foreign exchange brokers who will help you to trade and bring profitable results.
Some Forex brokers you can consider are:
BDSwiss is the most trusted foreign exchange trading platform regulated and licensed by CySEC and FSC. It has been rated 5 stars on the Internet. BDSwiss was created in 2012 and lasted 7 years. It has several international customers and is an important customer in Europe. There are over a million on your page, which shows your credibility. The most appreciated feature of BDSwiss is that your minimum deposit is only $ 100 / €. The disadvantage of this broker is that other brokers have very few deposits. In addition, it allows us to freely trade more than 300 different assets. In addition, BDSwiss offers a free demo account for interested traders.
The most attractive feature of FBS brokers is their bonus plan. They have it all: from welcome bonuses to deposit bonuses and return bonuses. Another feature that helps FBS to stand out is the deposit / withdrawal system. It is very fast and only appears after Exness. FBS is also a broker with a focus on the Asian market, which allows it to support Aisan traders in multiple languages.
FXTM is another leading foreign exchange broker for traders. It allows you to freely choose 6 different account types. He was licensed and awarded for his reputation. In addition, the broker has not reported any fraud to date. These 6 types of accounts are divided into 3 types. A penny account is used for micro-transactions, while an FXTM account is used to open a shared account.
The minimum deposit for operators starts at $ 10 for a penny account and about $ 200 for an ECN account. The minimum deposit for FXTM deposits is a bit expensive, with an initial deposit of $ 10,000. In addition, the amount can be deposited on websites of international banks, such as Nettler or credit cards.
Tickmill Fick (United Kingdom), CySEC (Cyprus) and FSA (Seychelles) are the regulatory agencies of Tickmill. Licensing is the most important part of any broker. This is because fraud can also occur on these platforms. Fraud includes deleting withdrawals, sharing data with other customers and many other customers. The minimum deposit for traders to open an account on the exchange brokerage platform starts at $ 100. In addition, the commission is allocated as a $ 1/1 lot. Tickmill requires 100% supervision, security, low spreads and commissions.
He also claimed to support the best customer service facilities. Tickmill’s average monthly transaction volume is over 114 billion, so these statements can be verified with users. In addition, Tickmill also has the advantages of fast execution and high liquidity. In addition, it has more than 50 currency pairs, which provides a wide trading area. It offers many opportunities to earn more money. The maximum leverage provided by this exchange broker platform is 1: 500. Tickmill has been rated 5 on the Internet.
XM Forex was created in 2009 and has over 15 million customer accounts. The Cyprus Securities and Exchange Commission and the International Financial Services Commission are responsible for managing the brokerage platform. Its reliability has been awarded more than 15 times. XM Forex has expanded to more than 196 countries. As we all know, the platform is very reliable in terms of investment. The most appreciated feature of XM Forex is that it has a powerful customer support system. Provides customer support in 30 languages.
For its clients, it comes with webinars on the financial market. It also provides foreign exchange data and analysis. XM Forex has offices in Cyprus, Australia and Belize. The platform requires a minimum deposit of $ 5 and spreads start at 0.0 points. People also choose XM Forex over other platforms because it has a negative balance protection function. The feedback on the platform and all the review systems is very satisfactory. It ranks fifth among the platforms of many other brokerages.
FXPro is a very popular and leading foreign exchange broker, which consistently outperformed its competitors by acquiring an important share in the foreign exchange retail market. FXPro is designed by a group of financial experts whose main task is to bring foreign exchange trading to the public. FXPro is very consistent in investing in new platforms and developing innovative technologies designed to create a secure trading environment.
FXPro started operations in 2006, initially operating outside Russia. However, there are widespread misunderstandings in the market regarding the reliability of brokers located in Russia, which has forced the company to move to a new geographical location to increase traders’ confidence. In recent years, FXPro has expanded its business worldwide and is currently an FX broker established in Europe, Africa and Asia.