Are you looking for a the best and serious Forex broker in 2022?
Then this page is the right place for you.
We are happy to provide all traders with this special service so that you can find the best Forex broker to meet your needs.
Thanks to the large selection on the Internet it is often difficult to make the right decision. With more than 7 years of experience in the financial markets, Find out in the following texts how to select a security provider and which online broker offers the best conditions.
|Broker Rating||Account Type||Min Deposit||Min Lot||Typical Spread Pips||Max Leverage||Trading Platform||Year of Foundation||Registration|
|IC Markets||Standard |
Raw Spread (cTrader)
|1:500||MT4 & MT5|
MT4 & MT5
|0.01(MT4) | 0.1(MT5)|
|1:∞ & 1:30 (EU)|
1:∞ & 1:30 (EU)
1:∞ & 1:30 (EU)
1:200 & 1:30 (EU)
MT4 & MT5
MT4 & MT5
0.01 (100 un.)
Account type – An account type name. Basic account types include Cent (balance in US cents), Micro (usually having minimum lot from 0.01 (1,000 reference currency units), Standard (classic accounts normally having ultimate functionality), Pro accounts intended for use by professional traders, usually having reduced spread, ECN (Electronic Communications Network) – accounts having access to one of electronic stock exchange systems, NDD (No Dealing Desk) – accounts with execution without the dealer’s participation, STP (Sraight Through Processing).
Min. deposit – Minimum deposit necessary for opening this type of account.
Min. lot – Minimum position amount where 1 lot = 100,000 reference currency units.
Typical spread – Difference between the bid and ask prices for the selected instrument. For account types with fixed spread constant value is specified. For account types with floating spread normally average daily spread is specified. If the broker doesn’t specify this value, the typical spread is calculated by Forex Wiki Trading as average daily value.
Max. lev. – Maximum size of broker leverage.
Trading platform – MT4 – MetaTrader 4, MT5 – MetaTrader 5, Web – Web trading platform.
Year of found. – Year of the company foundation.
Reg. – Regulating organization.
Regulation in Europe – Brokers registered and regulated in the European Union
STRICT CRITERIA FOR THE FOREX BROKER REVIEW
In contrast to many other comparison sites, we present you on this website really the safest providers with the best conditions for traders. As traders with many years of experience, we have tested many Forex Brokers and still use some of them. A good provider should have certain characteristics that guarantee good and safe investing.
It is not uncommon to hear of fraud on the Internet. This is to be avoided with this comparison. In addition, one would like to save fees as a trader, because the costs for the trade reduce of course the actual profits. Also, the security of customer money is of high priority. A regulation or license, for example, is urgently needed for secure trading with European brokers. All these criteria and many more are included in the test. Therefore we can present you on this page the best Forex Brokers 2020.
Proven facts for a good Forex Broker:
- Regulation and license of an official finance authority
- Safety of customer funds
- Good markets execution
- Small Forex Trading fees and no hidden fees
- No requotes (high liquidity)
- User-friendly trading platform
- Free and unlimited demo account
- Professional support
- Fast deposit and withdraw methods