MOST TRUSTED FOREX BROKERS
1.IC Markets:
IC Markets is the world’s largest true ECN australian forex broker, regulated by top tier australian regulator named ASIC (AFSL No. 335692). Also it gained licence from CySEC. So it is considered as a safe broker. It started its journey from 2007 and running very successfully. Its my favourite broker.
Benifits:
- One of the safest broker to deposit, trade and withdraw.
- Spreads are very low even starting from 0.0
- No fees in deposit and withdrawal.
- IC Markets offers 24/7 customer support, whereas other brokers offer 24/5 .
- Commision is also low compare to others.
- Ultra fast order execution. Average execution speeds of under 40ms.
Limitations:
- Negative balance protection is not available yet.
- Withdrawal time is a little bit longer compare to other brokers because some brokers offer instant withdrawal.
Final words:
Considering all the pros and cons, I come to a conclusion that IC Markets is one of the best forex broker. So I put this broker in the 1st position of my list.
To open an account in IC Markets or to visit IC Markets website just click in the button bellow:
2.Tickmill:
Tickmill is relatively new ECN broker established in 2014 regulated by CySEC, FCA, FSC and SC. Its popularity increasing everyday.
Benifits:
- One of the safest broker to deposit, trade and withdraw.
- Spread starts from 0.0.
- Gives negative balance protection.
- Commission is very low compare to other brokers.
Limitations:
- Have only two trading platform – MT4 and web Trader
Final words:
Considering all the pros and cons, I come to a conclusion that Tickmill is one of the best forex broker. So I put this broker in the 2nd position of my list.
To open an account in Tickmill or to visit Tickmill website just click the button bellow:
3.Forex Time(FXTM):
FXTM is also a popular ECN/STP broker established in 2011 regulated by CySEC, FCA, FSC.
Benifits:
- One of the safest broker to deposit, trade and withdraw.
- No commission at all.
- No fees in deposit and withdrawal.
- Withdrawal is instant upto a limit, usually with in 1 minute.
- Negative balance protection.
Limitations:
- Spreads are little bit higer when compare with IC markets and Tickmill.
- Sometimes scalping becomes difficult because of the higher spreads.
Final words:
Considering all the pros and cons, I come to a conclusion that FXTM is also one of the best forex broker. So I put this broker in the 3rd position of my list.
To open an account in FXTM or to visit FXTM website just click the button below :
4.XM:
XM is the most popular market maker broker of the world. Regulated by the Financial Conduct Authority, UK (FRN: 705428), CySEC (Licence: 120/10), and ASIC (AFSL #443670).
Benifits:
- One of the safest broker to deposit, trade and withdraw.
- Spreads are very low strating from 0.1
- No fees in deposit and withdrawal.
- XM Group offers over 10,000 different instruments to trade, including over 90 currency pairs.
- Withdrawal is quick usually within (2-6) hours.
Limitations:
- As it is a MM broker, spreads become wider during news hours.
Final words:
Considering all the pros and cons, I come to a conclusion that XM is also one of the best forex broker. So I put this broker in the 4th position of my list.
To open an account in XM or to visit XM website just click the button below :
5.Exness:
Exness has both ECN and market maker broker facilities. Exness has been the biggest retail forex broker in the world since 2015.
Benifits:
- No commission at all (but ECN account charge commission)
- Instant payment system.
- Unlimited leverage.
Limitations:
- Spreads are little bit higher when compare with IC markets.
- Exness is not publicly traded and does not operate a bank.
Final words:
Considering all the pros and cons, I come to a conclusion that Exness is also one of the best forex broker. So I put this broker in the 5th position of my list.
To open an account in Exness or to visit Exness website click just the button below :