Top 10 Forex Brokers and Trading Platforms by Top10Forex.net
When we rate any Forex trading broker, we consider many things including their reputation. As well as real customer feedback from open forums and websites that serve as a genuine platform for trading discussions. This is one of the great advantages of our reviews, because we give you our professional opinion alongside other customers’ opinions. You’ll be provided with all the information you need and be able to use it when considering whether to give each broker a try and test their trading services.
I personally use six different brokers for trading and recommend all serious traders to open a few accounts to different brokers in order to have a good variety of assets.
Market leader in CFD trading providing advanced platform with DMA access for equities and free access to the Autochartist package.
Whether you decide to trade USD/CAD, EUR/CAD , or some other currency pairs, there are several things which you should know about forex trading in Canada, and in general. Typically, most Canadian forex brokers offer similar things, you can get more or less most currency pairs that are traded otherwise, similar leverage rates, and currency quotes, but there are some differences which can help you determine which broker has a better offer. A smart trader always shops around before deciding who to entrust with their money.
From a consumer’s point of view, all they need is growth. The consumer has entered the market to make a profit over his/her investment and that is why the choice of the broker or share trading company is a very crucial decision he/she has to make.
The basic definition of the word broker is ‘ someone who sells products or services on behalf of other people ’. And that is pretty much true for forex brokers. They buy and sell currencies on your behalf. Unlike conventional brokers that you’ve surely seen in Wall Street themed movies, you don’t have to call this brokers and they don’t have to be at a particular place in order to trade.
This review will surface the most important features and/or benefits of selecting one forex broker over another, including discounted commissions, differences in trading account requirements, available research tools and trading platforms, as well as the quality of customer support.
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Find list of best forex Brokers platforms to trade online by Top10Forex . Start trading in minutes by joining up to any of our top 10 forex brokers.
Make sure you have decided on which cryptocurrencies you want to trade in before signing up with your broker. If your choice is a prominent cryptocurrency like Bitcoin, Litecoin, or Ethereum, there will be a relatively broad availability of brokers that have trading options for those. However, less prevalent examples like Monero, IOTA, or Zcash may be a little harder to come by. So study the cryptocurrencies being offered by a broker before you sign up for an account.
We are a bunch of Investment bankers & Research Analyst who study very closely about these broking houses on daily basis & try to find the most suitable stock broking house for you. Here are the list of broking houses we recommend:
Choose a currency pair for which you plan to do most of the trading operations. By default, for the comparison of selected brokers EURUSD pair – the most liquid and popular pair in the Forex market – has been chosen. Depending on the pair the spread values, commissions and rebates specified in $ per 1 lot (100,000 units of base currency) are changed as well.
But how to choose the right trading platform? There are many and more solutions to choose from around the Internet. The prospective traders can look for certain features that can help the decision which platform suits best their needs.