The Best Forex Broker Information you need to know ; In this part you find Best Online Broker to open your Real Fx Account due to your trading style . Maybe its also your question, which Foreign Exchange Broker is the Best Forex Trading Broker ? The answer of this question is really hard , its because traders have different trade styles , Maybe Online Broker Fxstay is good for me because i hedge my trades but its not good for you because you scalping .
These Currency Trading Brokers we listed below have the most advantages for any kind of trading like Micro or Mini Foreign Exchange Trading , Scalping or News Trading . We also listed below Best Forex Brokers in Micro , Mini , Hedging , Scalping , Gold and Oil Trading , Meta trader broker or any other parts , you can see the lists by click on each part due to your trading style or you can see our Full Broker list . It worth before you open your real account spend more time to find the best forex brokers that is match with your trading style . Compare them and choose 1 or 2 of them from our Best Forex Brokers part that provide you competitive Currency Trading service . This list will update each month and brokers provide competitive and best Currency Trading service will stay in the list and the other ones will delete .
There are some other factors you must searching for them when you are looking for best forex broker , some of them are below :
Best Forex Brokers Information You Need To Know
1- Regulation : the Best Online Broker must be regulated with the country they are base or by other financial regulations like NFA or FSA . Never open account with an unregulated broker .
2- Fast Support : during your Currency trading sometimes an unexpected problem happen , for example your internet disconnected or your computer shutdown suddenly or any other problems , a fast phone support service will help you a lot . The Best Forex Brokers must have email , phone and online support
3-Several Currency Pairs : you find a good position to enter to the market on pair for example GBP/CHF pair but while you want to set your position you find your broker dose not have the pair , this is really not good , or want to trade on Gold or Oil but the Best Foreign Exchange Broker you choose before does not allow Gold Trading or Oil Trading , So Best Forex Brokers must have several Currency pairs and allow commodities trading .
4- Trading Platform : before you open you trading account test the online trading platform of broker with a demo account , this is really important because each of the Best Online Forex Brokers has a dedicate platform . Some of brokers provide just currency trading in their platform but some of them provide both Currency and commodities or even stock trading in one Online Platform so check the trading platform of the Best Foreign Exchange Broker before you open your trading account.
5- Leverage : brokers have several leverage , some of them like US Brokers provide 1:50 and not more but some of them provide 1:200 but the Best Currency Trading Broker is the one can provide you each leverage you want , for example you are safe risk trader and you want leverage 1:5 but the broker leverage start from 1:50 or in other side you are high risk trader and you want 1:200 leverage but broker can open your account with maximum leverage 1:50 . So check first the Top Forex Brokers you choose can provide the leverage you want .
6- Deposit and withdrawal fees : some of our clients sent to a broker $100k but he received $95k in his trading account so if you do not want to lose several thousand dollars in a single transaction see the deposit and withdrawal fees of the broker you want to open your trading account with it , this is too important that a broker provide several payment ways for deposit or withdrawal your money without lose a lot of money as transaction fee because when a broker has several payment tips you can choose the one has low fees for you , for example you can send or receive money with lower fees by PayPal but the broker dose not support PayPal so you must invest in your account with Credit cards with high currency exchange fees so you pay good amount for exchange fees and this is really not good , its better before you open your account take a look at payment tips .