Web-based brokers are those Forex brokers that support Forex trading solely in the Internet browser window without installing any trading software. Web-based brokers allow Forex traders to place trades from almost any place that has a computer.
Recent studies show that 89% of computer users stay with one of the various versions of Windows and very few use Linux or Mac. To deal with the problem, the Forex industry has come up with a good solution: web-based trading platforms, accessible from pretty much any browser. Since web-based platforms require no installation, they are welcomed not only by traders who use operating systems other than Windows, but also by users who trade from different locations around the world and prefer not to have the need to install the same application on a number of computers.
Before deciding if web-based trading is for you, review the list of Top web-based brokers below. The fact that a broker is web-based should not be the only consideration you are looking at. Forex brokers must meet your needs in many other ways. We have organized this list to help you make the right decision.
Highly regulated, choice of fixed or floating spreads
Up To $5000
MetaTrader 4, Proprietary platform, Web-based
MiFID, Central Bank of Ireland, ASIC, FSC, BVIFSC
Excellent trading conditions + NFA regulation
MetaTrader 4, Proprietary platform
CFTC, FCA, NFA, FSA, ASIC, IIROC, SFC, CIMA, MAS
No dealing desk execution + wide range of trading apps
Wide range of CFDs + trailing stop losses
CySEC, Financial Conduct Authority (FCA), ASIC
Award-winning proprietary platform is good for all traders