Forex Brokers Reviews

The following is a comprehensive list of the best Forex brokers online. You can rest assured that the broker reviews listed below were conducted with the utmost level of professionalism and objectivity. It is highly recommended that you read them, open a demo account with several different Forex brokers, and only then begin trading the Forex market.
 
  

Solution's infrastructure. As stated clearly on the eToro USA home page, they are an introducing broker of FX Solutions, enabling eToro to trade in the US without receiving NFA regulation. After examining eToro USA's offering, it seems that the trader would be doing pretty much everything with FX Solutions, while benefiting from eToro's famous Game-Like trading platform.

Advantages  


  

10pips is a broker that deals with multiple markets including Forex, commodities, stocks, equity indices, and more. Their website is user friendly, easy to navigate, and is a clear indication of what you will get when you begin trading. While I could not help but notice that some basic information one searches for on a broker's site was missing, everything became very clear once I downloaded the 10Pips platform and began to trade.

Advantages  

  • Intuitive Platform
  • Advanced Trading Features
  • Bonus with No Deposit Needed
  • Deposit and Withdrawal within Platform

  

Forex Place is one of the more impressive brokers I have reviewed. They clearly invest time and money on your first impression when accessing their website. It is clean, fast, straight forward, visually appealing, and simple to use.

Advantages  

  • Mobile Platform
  • Easy-to-Use Website
  • Easy deposit and withdrawal process

  


ForexYard is a retail forex broker that was established in 2004 and based in Cyprus.  They offer a dealing desk brokerage, meaning they take the other side of your trades.  Twenty-seven different currency pairs are offered as well as 3 commodities:  gold, silver, and oil.  ForexYard offers very competitive fixed spreads.  With the option of a web-based or downloaded trade platform, good customer service, flexible margin trading, and some additional features not offered at other retail brokers, this broker is recommended for experienced and especially beginning traders in the forex markets.


Advantages  

  • Choice of web-based or downloaded trade platform
  • Excellent customer support, including personal account manager
  • Super mini account is great for beginners to trade with least amount of risk
  • Registration and deposit process are short and simple
  • Spot commodities, trade crude oil and gold
  • Cashback promotions for new clients, get up to $1,000

  

iForex is an international group of Forex companies founded in 1996 by a group of bankers and Forex dealers. In 2004, they launched their multilingual internet-based trading platform.

Advantages  

  • Easy to open an account, deposit and start trading
  • Low minimum deposit ($100)
  • Web based version in addition to download
  • Available in 13 languages
  • Ability to trade via phone

  


Marketiva has established itself as an industry leader thanks to its advanced trading platform and its highly recommended customer service. They require low minimum deposits, and allow very low risk while trading. All these features make Marketiva very attractive for a newcomer to the FOREX market.


Advantages  

  • User-friendly software
  • Chat with others while trading
  • Demo account and real money account on the same platform
  • Low minimum deposit – only $1
  • High standard customer support

  


FXCM Holdings, LLC is one of the largest, fastest growing FOREX companies, and has been awarded as such by Inc. 500 List of America’s Fastest Growing Companies three years in a row (2004-2006).  FXCM Holdings, LLC has offices around the world including U.S., U.K., Dubai, Hong Kong, France, Italy, and Australia, and is regulated and licensed in each of them as an established Future Commissions dealer or financial dealer.


Advantages  

  • Tight spreads, as low as 1 pips
  • 24/7 Customer Support
  • Customer support in over 20 languages
  • www.DailyFX.com - FXCM’s free news website
  • • Company’s financial information is public

  

Caya Capital Markets is a new broker providing online trading in forex, stocks, oil futures, and metals. They are based in New Zealand and London, with affiliates in Dubai, Amman, East Europe, Thailand, South Africa, and South America.

Advantages  

  • Forex, oil futures, stocks, gold, silver trading from same platform

  


Easy Forex is a no-download platform developed for traders who wish to use a system that is truly easy to use. The registration process is quick and simple and so is the depositing of funds. Easy Forex offers Day Trading, Limit Orders, and additional deals depending on the location of the user. Spreads and amounts to risk depend on the type of the account ranging from mini-accounts to tailor made VIP accounts. The minimum risk required is $12.5


Advantages  

  • Truly easy to use!
  • Comprehensive training programs
  • Excellent customer support, including personal account manager
  • Over 100 pairs to trade
  • The lowest minimum deposit and risk ($12.5)
  • 9 languages

  

The very first thing that comes into ones mind when introduced to Ava FX is how easy and friendly their interface is. This is apparent surfing through their website, where all needed information for someone new to this firm is accessible and clear, and is even more so with their trading platform – Ava Trader, where all features are no more than a click away......

Advantages  

  • Variety of billing options
  • 24 hr Phone and web base support

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Top Online Forex Brokers

1. eToro USA Review
2. 10Pips Review
3. Forex Place Review
4. Forexyard Review
5. iForex Review
Read More Forex Broker Reviews

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