Best Forex Broker 2019 Overall - Emirates Business 24/7
Best Forex Broker 2019 Overall - Emirates Business 24/7 |
- Best Forex Broker 2019 Overall - Emirates Business 24/7
- Why You Should Trade Cryptocurrency On Forex - Crypto Disrupt
- √ Best Forex Brokers That Offer No Requotes in 2019 - FXDailyReport.com
| Best Forex Broker 2019 Overall - Emirates Business 24/7 Posted: 29 May 2019 02:57 AM PDT  Our selection of the best forex brokers of 2019 is the result of comparing only the most trusted brokers with long standing traditions and flawless financial backgrounds which makes all of them a safe choice. We tried to find the best forex broker overall although this choice will often be a question of individual trading preference. We have compared brokers based on several factors which we think are most important from a traders perspective.This factors are: trading fees and spreads, trading platforms, charting and analysis tools, assets and regulators. Best Forex Broker 2019
All of the brokers we took into comparison are considered as safe as they are all regulated by the top tier regulators like the FCA and ASIC and also have a long standing trading tradition. Considering all of the many factors, we think that the most important ones are trading fees and a user friendly platform. The trading fee's should be reasonable and the trading platform should be easy to understand and use. What all of the compared brokers also have in common are the free demo trading accounts. If you are just starting out with forex trading we highly recommend you to start trading with a demo account where you can't loose any money – as you probably know, forex trading is highly risky and you can loose money in matter of seconds. All of the brokers also enable CFD trades. This are high risky and complex contracts and are not suitable for beginners traders – you can loose all of your investment in seconds. Taking all of the above information into consideration this are our favourite brokers in overview: 1. IQ Option (Best Binary Options Trading Company)
With almost 16 million accounts and 3,6 million trades per day IQ Options is a legit and transparent trading platform following the latest financial regulations, which enables users to trade a variety of different instruments and assets like forex, stocks binary options, cryptocurrencies etc. The trading experience is pretty smooth. Based on the high level functionality the platform is a good fit for professional traders, but it is also a good fit for beginners as it is really easy to understand and navigate. If you sign up you can be sure to interact with an intuitive platform that enables access to a a big amount of resources, and trading options. The platforms comes with a few drawback as well. The customer support is still being upgraded and at this time it can happen that you will need to wait for more than 24 minutes in order to have your queries processed. If you are just starting out and you will need to interact with a customer support agent on a daily basis, than you need to pay an fee of $3000 in order to secure a consistent communication. USA, Japan and Canada based traders are not allowed to register with IQ options
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK 2. eToro (Best Social Trading Platform)
eToro is an established social trading company, operating since 2007. It is an FCA regulated entity when operating in the UK, an Australian entity in Australia, and a Cypriot entity for international customers. eToro is considered to be a trustworthy platform as it is regulated by an established regulator while being a well-recognized startup as well. Its main operation is based around CFDs. CFDs are complex instruments that include leverage, so they come with a higher risk. eToro has been awarded as the best social trading platform – social trading means you can follow other traders and copy their investment strategies.
3. Forex.com ( Great all-around offer)
FOREX.com is a forex and CFD broker offering over 84 currency pairs and 230 CFD's across major asset classes. The brand is part of the GAIN capital holdings which operates in multiple countries holding licenses from many different regulatory hubs including UK, US, CA, Japan and Australia. We would recommend this platform to active and mid active traders as they will benefit from slightly lower trading fees and spreads. + Forex.com is an overall solid forex broker with a high level of trustworthiness. With over 145.000 clients and nearly $1 billion in assets you can't do anything wrong. As a beginner you can open a demo account depositing a minimum of $250, before investing real money. On the other side advanced traders can access a premium account by depositing $25.000 or by trading $25million in monthly national value. – There are no major downsides on this platform. What we could lay out as a downside is the fact that the MT5 trader did not rolled out yet. In a nutshell, as a trustworthy global player, Forex.com offers plenty of trading options for Forex and CFD traders. With all of the major trading platforms, diverse trading tools and research tools FOREX.com is suitable for almost all traders at all experience levels. 4. Plus 500 (Recommended for experienced traders looking for an easy-to-use platform, with great user experience)
Plus 500 is a quality CFD's provider and operates around the world via its subsidiaries: Plus500AU, AFSL #417727 issued by ASIC, Derivatives issuer licence in New Zealand for NZ clients, FSP No. 486026; Financial Services Provider # 47546 in South Africa. Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909). Plus500 CY Ltd authorised and regulated by the Cyprus Securities and Exchange Commission (Licence No. 250/14). Client Money is held on trust, separated from Business Money. Should Plus500 go into liquidation client money would attract all the legal protections afforded to trust money. Plus 500 has one of the most user-friendly platforms that allow instant access to variousmarkets, including commodities, indices, shares, andoptions. Every asset is availableto buy or sell as CFD's, with leverage up to 1:300, commission-free. Many other featuressuch as stop, limit, andtrailing stop are all present on the platform. Customers can also enjoy trading in a free unrestricted demo account that imitates real action. The platform has a lot of news, market information, training tools and comes with solid customer support. Everything is available in the Arabiclanguage, including customersupport.
[/dropshadowbox] 5. OandA (Most user friendly trading platform + best API)
OandA has won many awards this year as the best overall pick for forex and CFD's trading. It is a well trusted company regulated by the top tier regulators like FCA and ASIC. We would recommend this platform to users who are looking for a user friendly trading platform including high end research tools.
+ On the positive side OandA offers one of the most user friendly and easy to use platforms including fully digitalised account opening and powerful research tools including the best API in the industry. – On the flip side you can only trade forex and CFD's with a pretty high withdrawal rates. Their support would need some improvement as well.. Forex trading for new investors – what you need to know and how to choose your broker. 6. FXCM (Best Technical Tools)
FXCM is a UK based forex broker which offers some CFD's as well and is regulated by some top tier regulators like FCA and ASIC. We would recommend this platform to users looking for great technical research tools.
+ What we found best on this platform is the fast account opening options, low trading and finance fees and the high end technical research tools. – On the downside, FXCM only offers forex, CFD's and some crypto trading options. Their platform needs and update as it is outdated and not user friendly. No minimum deposit required so feel free to give it a shot – inactivity fees charged only after a year. 7. XTB (Best Fx and CFD Broker)
XTB is primarily a CFD and forex broker regulated by the most trusted financial regulators including the FCA and is also listed on the Warsaw stock exchange. We would recommend this platform to users looking for fast deposit and withdrawal + great research tools.
+ What we found best about this platform are the fast deposits and withdrawals and also the hassle free account opening. The platform is easy to use and has a lot of research tools as well. – On the negative side trading assets are limited to forex, CFD's and real stocks in some limited countries. The support is a standard solution, but the employees can be a bit pushy some times. In a nutshell, XTB is recommendable for clients who want to trade forex and CFD's and are looking for a hassle free account opening, low withdrawal fees and great research tools. Demo account option available. Our Top Picks For DayTradingWhat are the most important criteria to look for when choosing a forex broker? There are lots of them but we can simply split them into this three categories:
Almost all of the Brokers listed above offer a large selection of currency pairs available to trade, almost all have pretty low account minimums and the highest legal leverage ratio of 50:1. They also provide the choice between commission accounts and spread markup accounts. Commission accounts have a fixed commission fee but will in turn offer lower bid-ask spreads.  |
| Why You Should Trade Cryptocurrency On Forex - Crypto Disrupt Posted: 29 May 2019 10:41 PM PDT  Main navigation |
| √ Best Forex Brokers That Offer No Requotes in 2019 - FXDailyReport.com Posted: 28 May 2019 04:38 AM PDT  A requote is an error that occurs when there is a delay between the initiation of a trade and the execution of the order. During such a delay, the market might move, causing the price that the trader had requested to be no longer available. In its place, the trader might be offered an alternative price, also known as the requote. The requote will be displayed in the trading platform, giving them a chance to accept or reject the new price and continue or discontinue with the trade. What causes execution delays? Most times, brokers who regularly provide requotes are usually dealing desk brokers who also act as market makers by either placing the opposite of their client's trade to gain from their losses or those who hedge their client's position to prevent themselves from incurring losses when the client gains. Such brokers usually lead to execution delays, and as a result, requotes, which can cause a trader to miss out on a great trading opportunity. Some of the other causes of requotes include;
How can you avoid requotes? Fortunately, there are a few ways in which traders can protect themselves against requotes; Opt for an ECN/STP broker Traders can opt for No dealing desk brokers who display the most competitive prices quoted by the market or their Electronic Communication Network (ECN). When using such a broker, the order is automatically executed in the shortest time possible, and at the best price available. This reduces their chances of getting a requote.
ECN/STP (Straight Through Processing) brokerage firms operate in a market execution basis as opposed to an instant execution basis. This means that instead of the trader being presented with a requote, the trade is placed at the best available price in the market at the time the order is being processed. Although it might not be the price the trader had seen on their platform, they will not receive a requote. Their trades are usually processed much more quickly. However, in case of a price change, it is important for the trader to understand that although they might be negatively affected, they can also potentially benefit if the price becomes more favorable.
You can also prevent yourself from getting a requote by setting deviation parameters. This way, these parameters will authorize the broker to accept a higher price of the market moves without needing to consult with you on whether to place the trade or not.
If you are dealing with a dealing desk, you can also set a take profit (TP)and stop loss (SL) level before entering a trade. A TP ensures that a position is closed if a trade reaches a target price, whereas an SL ensures that a position is closed before the price goes down past a particular level. Since both of these levels predetermine the selling price of an order, requotes will not be necessary. 3 Best forex brokers that offer no requotes
Spread: From 0 Pips Leverage: 500:1 Min Deposit: $5 Regulated: ASIC, CySEC, FCA (UK), IFSC Belize XM is a FCA UK regulated broker that offers 100% execution of orders with no requotes since 2010. It offers real-time execution of guaranteeing its clients no requotes or slippage, even during high impact news. This is a regulated forex broker that aims to process client orders within milliseconds. As a result, they offer no requotes to traders. FXDD is a regulated broker with no requotes. This broker also doesn't charge commissions, and the traders are only asked to pay for the spread.  (2 votes, average: 5.00 out of 5) Loading... |
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