List Of Best Forex Brokers In The World

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List Of Best Forex Brokers In The World – Having the best Forex broker is an essential requirement for successful trading in the Forex market. Since there are hundreds

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List Of Best Forex Brokers In The World

List Of Best Forex Brokers In The World

ECG Pte Ltd () is an independent publisher and comparison service and not an investment or financial adviser. Its articles, interactive tools, and other content are provided to you free as self-help tools and for informational purposes only. They are not intended to provide investment or financial advice. The accuracy or applicability of any information to your personal circumstances is not and cannot be guaranteed. Examples are hypothetical and we encourage you to seek personalized advice from a qualified professional regarding your specific investment or financial questions. Our estimates are based on past market performance, and past performance is no guarantee of future performance.

Best Forex Brokers 2023: Top Forex Brokers Regulated List

We believe everyone should be able to make financial decisions with confidence. While our site doesn’t cover every company or product on the market, we’re proud that the guidance we provide, the information we provide, and the tools we create are objective, independent, straightforward, and free.

So how do we make money? Our partners compensate us. This may affect which products we review and write about (and where they appear on the site), but in no way affects our recommendations or recommendations based on thousands of hours of research. Our partners cannot pay us to guarantee positive reviews for their products or services. In summary, this article shares a clever way to determine the most popular Forex brokers by the number of MT4 servers they have (you can check this through the Metatrader 4 mobile app), rather than searching for newer trading volumes that are hard to find. data.

Below you will also find a list of the most popular MT4 brokers (based on the number of servers they have).

XM.COM-Real 1 to 3, 5 to 6, 8 to 10, 13 to 20, 23, 30 – Trading Point of Financial Instruments Limited (Cyprus)

Best High Leverage Forex Brokers 2023 [updated]

XMAU-Real 1 to 3, 5 to 6, 9 to 10, 13 to 20, 23 – Trading Point of Financial Instruments Pty Ltd (Australia)

XMGlobal-Real 1 to 3, 5 to 6, 8 to 10, 13 to 24, 26 to 30, 32 to 33, 35 to 36, 38 to 39, 41 to 44, 46 – XM Global Limited (Belize)

Each MT4 server has a limit on the number of orders from active traders it can handle. Therefore, the more popular a broker becomes, new trading accounts will need to be assigned to new servers, and the broker will have to purchase more server licenses from Metaquotes. (I remember it was about $100,000.00 in 2013)

List Of Best Forex Brokers In The World

In the table above, this relationship is evident in XM and IC Markets, which are popular forex brokers and one of the largest by volume from both sources. (Source 1, Source 2)

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Granted, these sources may not be very reliable (they are the only ones I could find), as they only state that the numbers come from their own research. Nonetheless, in my experience of offering commission discounts for IC Markets since 2013, I have seen an exponential increase in the number of traders accepting such commission discounts, which confirms that IC Markets is indeed one of the highest volume brokers.

All in all, IC Markets and XM.com are among the most popular brokers in the world, as evidenced by the number of trading servers they have and their trading volumes (albeit outdated).

Our website partners with IC Markets, which offers commission discounts of up to 21.5% ($1.50 per lot), or 0.3 pip reduction ($3 per lot). If you think you would benefit, click below to receive instructions for applying the discount to your existing or new IC Markets account. Good trading requires the best charting tools! Try TradingView to chart all your favorite markets (stocks, commodities, cryptocurrencies, and more) in just a few clicks. The most powerful and easy-to-use platform yet. Find all your favorite indicators instantly and add up to 3 indicators to your charts for free + start setting alerts to be the first to be notified of interesting price changes. 👉 Click here to sign up now and try TradingView for free! 👈

The foreign exchange or foreign exchange market is an extremely risky area. There have been people in the world who have become rich overnight. The world has also seen people lose their wealth in the blink of an eye. This is what the Forex market is all about. Such a high-risk market requires you to find and work with a top-notch Forex broker.

Best Forex Brokers For 2023 Named By Tu

The best forex brokers and trading platforms ensure a safe trading environment without overexposure to risk, offer state-of-the-art tools, reliable trade execution, and affordable service prices. You should keep all these factors in mind when choosing a Forex broker for yourself. Additionally, there are a large number of Forex brokers and trading platforms. Therefore, finding a product that suits your requirements can be a difficult task. If you are looking for the best Forex broker, you have come to the right platform at the right time.

In today’s roundup, you’ll find 11 of the best Forex brokers and trading platforms. You can analyze each of them and choose the one that best suits your requirements.

IG is the best Forex broker and trading platform as it has several commendable features. Supervised by six top regulatory agencies, it is the most trustworthy, safe and secure foreign exchange trading platform. Advanced trading and research tools, a wide range of tradable instruments, extensive educational content, and competitive pricing make IG an industry leader. The most attractive features of IG include:

List Of Best Forex Brokers In The World

The average spread on IG ranges from 0.9 to 5.4 pips. The platform charges a $12 monthly inactivity fee after 2 years of inactivity. IG also charges a $15 fee for wire withdrawals. You can view a detailed description of foreign exchange transaction fees on the IG official website.

Top 10 Best Forex Brokers In The World

Since its founding in 2001, Forex.com has been one of the most reliable Forex brokers and trading platforms. It allows trading on more than 80 currency pairs. Forex.com is regulated in multiple jurisdictions, including the CFTC in the United States and the FCA in the United Kingdom. It offers a variety of attractive features that make Forex.com one of the best Forex trading platforms in the world right now.

Forex traders can choose from three different account types – Standard, Commission and STP Pro. There are different pricing options for all account types (you can check the details on the official website). However, the average spread ranges from 1.9 to 0.84 pips.

Only eleven years after its founding, Pepperstone has become one of the leading Forex brokers and trading platforms. Since its launch in 2010, the platform has rapidly grown, expanded and become the best trading platform out there. Pepperstone is regulated by the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) and 16 other agencies. This shows that this platform is one of the safest and most reliable forex trading platforms. Pepperstone has the following commendable features.

Pepperstone charges low commissions, such as 0.04% per 0.01 lots. The average spread on a Razor account is 0.09 pips. When using a standard account, the average spread is 0.75 pips. Active Trader Account pricing is based on your monthly trading volume and trading level.

Best European Forex Brokers In 2023

Saxo Capital Markets is an award-winning Forex trading platform that gives you access to over 40, 000 instruments. Over 660, 000 traders are currently using this excellent platform. Such a large client base demonstrates the reliability of Saxo Capital Markets. It offers the following attractive features that attract you like a magnet.

Saxo Capital Markets spreads are 0.6 pips on the standard account. You can visit the official website for more details.

CMC Markets is another excellent platform for trading your favorite global financial instruments. Advanced platform technology and excellent customer support services make it the best choice for serious traders. CMC Markets offers many features that deserve your high attention.

List Of Best Forex Brokers In The World

Pricing at CMC Markets is also based on spreads, which range from 0.7 to 1.0 pips on different currency pairs.

Best Forex Brokers For Wonderful Trading Experience

Interactive Brokers is one of the best forex brokers and trading platforms for several sound reasons. Its rich set of advanced trading tools, superior platform, and reasonable pricing make it the most coveted platform for serious traders. Interactive Brokers has the following great features for you.

XTB Online Trading is another one of the best Forex brokers and trading platforms. This is

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