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Best forex broker 2018

 
Forex broker

Financial markets of today boast a great variety of offers and brokerages, from market makers to those specializing in retail services. Once a new trader decides to choose a “broker to trade” with, it takes a lot of time an effort to study all the aspects of their business activity, including deposit/withdrawal terms, platforms, leverage and spreads, commissions and fees, bonuses and promotions, regulation details, and so on.

As for the minimum real deposit amount, there is a tendency of its decreasing within the past years; still, with some market makers this still means thousands of dollars, whereas with other brokerages it is possible to start real money trading with much lesser sums. As for withdrawal procedure, with some “forex brokers” it might be much more complicated that depositing, so it is essential to consider this aspect in advance as well.

Speaking about the most popular types of forex brokerages, many clients make their choice in favor of ECN (Electronic Communications Network) brokers, which is a type of a broker charging a commission but not making money on spreads. Generally, all terms and services should be taken into consideration when choosing a forex broker to trade with. From a certain point of view, specifically US-regulated brokers might be of specific interest, as US regulation of the financial markets is very strict. What is more, the best forex brokers provide traders with an array of trading tools, one or several trading platforms, and with educational knowledgebase to ensure swift and secure trading.

On the list below you will find the best fx brokers working across the globe, choose the one that suits your demands best, and don’t forget to vote for your favorite forex company on Forex-Awards.

some of the best forex brokers 2018

                                          HYCM

HYCM is a leading issuer of on-line FX and CFD buying and selling services to retail and institutional buyers. With a 40 yr operational ahistory and a strong awareness on customer delight and technological advancement, HYCM has grow to be the online broker of preference for buyers throughout the globe, providing access to more than a few asset classes which includes currencies, commodities, metals, shares and indices.

HYCM offers customers a complete buying and selling solution collectively with all the buying and selling equipment and evaluation had to make informed trading selections. Backed through its cutting-edge trading systems, along with the enterprise main MetaTrader four and mobile app allowing clients to trade even as at the cross, HYCM has secured a strong enterprise popularity for turning in a buying and selling revel in that is 2nd to none.

The minimal buying and selling deposit starts at $a hundred, with leverage attaining up to two hundred:1. Spreads on primary foreign money pairs are low and vary from zero.2 to 2 pips relying at the currency pair or the used trading tool. HYCM lets in its customers to use a ramification of buying and selling strategies such as hedging, one-click on trading and automated trading.

HYCM is a part of the Henyep organization, an global conglomerate with businesses in financial services, assets, schooling and charity and is regulated by the monetary conduct Authority of the United Kingdom and the Cyprus Securities and trade commission. The organisation is represented globally with places of work in united kingdom, Hong Kong, Cyprus and Dubai.

HYCM forex customer service crew is multilingual and prepared of extraordinarily professional employees always geared up to remedy any clients’ troubles rapid and correctly. The depositing and income withdrawal in HYCM forex are fast and available with the use of a wide range of price structures, which include all the most famous presently.

For the novice traders HYCM gives unfastened educations inclusive of buying and selling publications, software tutorials, trading books, studying motion pictures and plenty of greater. Professional buyers can even locate at HYCM useful materials to ideal their buying and selling competencies.

FXPRO

Fxpro is an award-winning online broker offering Contracts for Difference (CFDs) and Spread Betting on forex, futures, spot indices, shares, spot metals and spot energies. FxPro serves clients in over 150 countries worldwide and offers multilingual customer support 24/5.

Traders are provided with superior order execution with no dealing desk intervention, and access to a deep pool of liquidity via a wide range of platforms. FxPro is known for maintaining a client-centric approach and remains an active proponent of transparency and fair trading practices.

FxPro UK Limited is authorised and regulated by the Financial Conduct Authority (registration no. 509956). FxPro Financial Services Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (licence no. 078/07) and authorised by the Financial Services Board (authorisation no. 45052). FxPro Global Markets MENA Limited is authorised and regulated by the Dubai Financial Services Authority (reference no. F003333). FxPro Global Markets Limited is authorised and regulated by the Securities Commission of The Bahamas (license no. SIA-F184).


FxPro offers the following trading platforms:

  • FxPro MT4 Desktop, FxPro MT4 WebTrader, FxPro MT4 MultiTerminal, FxPro MT4 for Mobile
  • FxPro MT5 Desktop, FxPro MT5 WebTrader, FxPro MT5 for Mobile
  • FxPro cTrader Desktop, FxPro cTrader Web, FxPro cTrader for Mobile
  • FxPro Edge

Demo accounts are available on MT4, MT5, cTrader and FxPro Edge[2] to allow beginners to “learn how to trade” and enable advanced traders to test their strategies in a risk-free environment. Demo accounts are free and unlimited, available to all and can be recharged at any time.


Trading Costs

There is no commission fee for opening and closing positions on the MT4 and MT5 platforms, with FxPro applying a small mark-up to the spread. MT4 spreads start from 0.6 pips.

cTrader clients are charged a commission fee of 45USD for every 1 million USD traded upon opening a position, and 45USD upon closing the position, when trading forex and spot metals. Spreads on cTrader start from 0 pips.


Advanced Trading Tools

FxPro Tools is an all-in-one application designed to help traders access the markets at any time by providing real-time market information on a variety of instruments. The app is available on Android and iOS devices, Apple Watch and Apple TV, and as a browser extension for Google Chrome, Safari, Mozilla Firefox and Opera. From the app, traders can access the FxPro Trader’s Dashboard and economic calendar, perform calculations using the trading calculators available, monitor the markets and set price alerts, as well as access daily market analysis straight from the FxPro Blog.

FxPro offers many other advanced trading tools, including FxPro Quant, a visual strategy builder which gives traders the opportunity to turn their strategies into trading algorithms without the use of complex coding languages. Quant won the “Best Product of the Year” award at the 2013 UK Forex Awards, and is particularly useful, since it features a user-friendly drag-and-drop interface, allowing anyone to enter the world of algorithmic trading by creating strategies for the MT4 or cTrader platforms.

FxPro also offers low latency VPS. This service is particularly useful for traders that use EAs, since VPS allows you to trade around the clock with no down time and without the need to keep your PC on.


FxPro Vault / FxPro Wallet

All FxPro clients are entitled to their personal FxPro Vault/FxPro Wallet upon registration, which they can use at no cost at all.

The Vault/Wallet is a pioneering personal money and risk management tool that allows traders to deposit and withdraw funds with ease. It works as a central account, in which you deposit your funds and then make transfers to your trading accounts with a few simple clicks. In this way, client funds are readily available for trading, yet also completely protected against the impact that market movements may have on trading accounts.


Education

For beginners, the ‘Getting Started’ page on the main FxPro website offers a useful overview of trading basics and key forex terms. The FxPro Help Centre offers a comprehensive FAQ section, as well as user guides and video guides to assist with using any FxPro product or service. Technical analysis is also available via advanced trading tools such as Trading Central, while the FxPro blog provides traders with in-depth fundamental analysis and market news. Traders can also register for regular webinars organised by FxPro, which cover all important aspects of trading.

The FxPro Customer Support is also available 24/5 to help clients with any queries that they might have. Traders can contact the Support Desk by phone, via live chat or email, or request a call back.


Advantages

  • CFDs and Spread Betting[2] on 6 asset classes including Forex, Shares, Spot Indices, Futures, Spot Metals, Spot Energies
  • Award-winning order execution with no dealing desk intervention subject to FxPro’s Order Execution Policy
  • Tight spreads, competitive pricing and deep pool of liquidity
  • Wide range of trading platforms
  • Many deposit and withdrawal options
  • Negative Balance Protection, offered subject to the Order Execution Policy
  • Exclusive tools, educational resources and market analysis

Reliability

FxPro is dedicated to providing its clients with top-class products and services, having gained consistent recognition from independent organisations and respected financial media. Year after year, FxPro has been honoured with highly coveted titles including “Best FX Broker” for 2013, 2014, 2015, 2016 and 2017 at the prestigious Shares Awards.

NORDFX

NordFX is a leading multi-offered global broker that gives individuals and corporations a complete set of offerings for forex trading. Given that its basis in 2008, NordFX constantly continues abreast of current technology, frequently expands its variety of buying and selling devices and makes use of up-to-date software. We currently provide the maximum popular programs for internet trading. NordFX gives various account sorts. You could appraise the enterprise’s provider through commencing a “restore” account with the minimum deposit $5 and the minimum lot 0.01, or attempt your hand in ECN trading. Working with NordFX, you’ve were given all you need – a fixed of popular units, trading alerts, tight spreads (constant and floating), rapid execution (0.Five sec.) and trading platforms for computer computers in addition to mobile gadgets.

All strategies, consisting of scalping and information trading, and professional advisors are allowed. The corporation helps over 25 price systems for quick and clean price range deposits and withdrawals. NordFX holds over 1 000 000 buying and selling accounts presently and continually expands its global presence. Customer service is available 24/five in eleven languages. NordFX additionally has a totally simple and powerful affiliate software. Two – level green affiliate software – partner commissions $10-12 in line with lot.

The enterprise’s customer service is available in 11 languages. Depositing and withdrawal of budget are to be had in lots of methods which include all of the global’s maximum popular price systems. In case of any hassle at the a part of a client, the NordFX Finance department resolves all issues with finances deposits and withdrawals speedy and without delays.

Some of the broking’s benefits are: no want to spend a variety of time filling agreements and sending files to open a trading account, price range may be deposited whenever through online fee systems, seven kinds of money owed appropriate for buyers of all levels of professionalism, order execution is beneath 0.Five seconds, variable spreads from zero pips on foremost foreign money pairs permit reducing prices drastically and enlarging a consumer’s income, cryptocurrencies buying and selling with credit leverage 1:1000.

OCTAFX

Octa Markets incorporated is a foreign exchange broking identified international. OctaFX affords foreign exchange brokerage services to its clients in over 100 countries around the sector. OctaFX makes use of the maximum up-to-date technology and information to make your forex trading revel in distinctly convenient. Our top goal is the consider and satisfaction of each client’s needs and necessities. OctaFX sets the best provider degree requirements and continues them, in addition to constantly developing new services and promotions. OctaFX has evolved a selection of alternatives to make your foreign exchange buying and selling even extra handy. We offer stay ECN accounts in addition to micro money owed. The bottom spreads, real-time marketplace execution and true ECN offset are many of the pinnacle benefits of OctaFX.

OctaFX is indeed a patron-orientated organization. This stated, we’re running tough to similarly improve our offerings. Balance, perfection and close attention to detail is what makes OctaFX exclusive from our competitors. Our incredibly educated and properly-skilled purchaser Care branch works 24/5 to reply your inquiries and help you. We are continually open to pointers and remarks.

OctaFX has developed a variety of options to make your foreign exchange buying and selling even extra handy. We provide real ECN bills as well as micro debts. The bottom spreads, real marketplace execution, proper ECN offset are the various top advantages of OctaFX. OctaFX foreign exchange broker gives criminal forex buying and selling in Malaysia, Indonesia, Spain, China and lots of other international locations. OctaFX foreign exchange enterprise is one of the few FCA uk regulated forex brokers which makes Octa Markets incorporated a reliable corporation to change with. Besides OctaFX is one of the few foreign exchange agents offering sincerely low spreads. Except the broking gives forex training to its customers.

OctaFX offers “buying and selling” at each actual and demo money owed on a ramification of buying and selling platforms which include mt4 platform and cTrader. Except the corporation is one of the real ecn “foreign exchange brokers” operating currently on the market of currency exchange.

Ikenna valentine Administrator
C.E.O , Myfreshgists

Frenzy valentine ikenna is a passionate blogger and student of university of calabar. He is the founder and editor of myfreshgists.com  connect on Facebook  and Instagram @frenzy_valentine

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