Compare Top Forex Brokers – 2018
How to Choose Best Forex Brokers
Below you will find the most up-to-date review of all the best Forex Brokers in 2018. The criteria that our experts have analysed in the rankings are:
The Trading Platform, The Customer Service, Assets, Regulation
Your capital is at risk
Compare Top Forex Brokers & Trading Platform UK
How to Choose The Top Forex Brokers
If you are willing to trade forex then it is very important to find the best broker out there. There are a number of criteria we are suggesting to pay particular attention and that we have scored the brokers against it:
The Trading Platform
A broker can be very good and have very interesting commercials but if the trading platform is not good, the results of your trading activities will be disappointing. It is paramount that the trading platform is quick to understand and present an intuitive way of trading forex: this will make your chances of profit much higher overtime.
It is really important that when you make a decision you act upon it very fast. Having the support of a great customer service can really make the difference when trading online forex. One of the things we look for in the top online financial brokers is that they have available all the different communication channels with customers: email, phone, skype, live chat, etc. This was therefore one important factor we took into account in our comparison of best forex brokers.
Another important thing to consider when choosing a forex broker is the tradeable assets they offer. You should look at commodities to CFD’s and Forex. It makes sense to pick the forex broker that offer to trade on the assets you wish.
More information to help you find the perfect forex broker
Below you will find more resources from our top experts that have answered some of the most common questions when looking for an online forex broker. We sure they will be a great use to you to make the right choise.
How much money is required to invest to get started in the online forex trading?
The answer is very simple. You don’t need much at all. Many online brokers in fact don’t even have account minimums so when you open a new account you simply need the money to cover the cost of a single share of a stock and the commission to pay at the trading platform.
What is the best way to trade with little money at disposal?
One way to invest is on exchange-traded funds. EFYs are bite-sized mutual funds that can be bought and sold exactly in the same way as individual stocks on the stock market exchange. Similarly to mutual funds every EFT has a basket of multiple (sometimes hundreds) of stocks that have a particular criteria: for example are part of a stock market index like the S&P 500. The main difference is that unlike mutual funds that can have very high investment minimums, ETF can be purchased for as little as one share.
How you can determine if an online broker is right before opening an account?
Not all the brokers are good for everyone. In order to find the online broker that will be a perfect match you need to assess how much money you have to invest, what is your trading style and also what tools you need. Other things to consider is the frequency of transactions you are going to make and how much service you need.