- Forex Trading
- Online Brokers
Top Rated Forex Brokers for 2019
Looking for the top rated forex brokers in 2018? This information might be difficult to come across in other parts of the internet - but here it’s simple: we show you the best brokers. And you pick the one you like. Easy right? Within seconds, you could be placing orders and opening positions in the world’s most liquid financial market.
What makes a top rated forex broker?
When looking at the very best brokers available on the market, there are a number of different things to consider. Service, platform, tools, research: these are all important factors when ranking the best of the best. And if you’re considering changing the broker you trade with - then these might be useful quality gauges for you to consider too.
The Best Brokers are regulated
In 2015, the Swiss National Bank stunned the market by uncapping the Swiss franc against the euro - sending shockwaves through the financial world and ruining some brokers overnight. Trade with an unregulated broker and you are jeopardising your capital; extreme market events can occur and regulators like the FCA offer services that can help you recover some of your funds if the broker does go bust. Trading with a regulated broker also ensues that you are trading with a legitimate service - there are unfortunately many scam sites out there ready to take advantage of potential investors.
Top Forex Brokers give you the proper tools to trade
No man is an island, especially in forex. Thankfully, one does not have to rely on their gut instinct when trading in the financial markets. The best brokers outfit their platforms with the most up to date analysis tools and charting packages to help you take advantage of every single trade. And if their proprietary platforms aren’t so feature complete - then they may also have MetaTrader 4 compatibility.
Need help? Premium service as standard
The markets never sleep - and there’s always potential for something to go wrong. The mark of a true top rated forex broker is that regardless of the time, you can get the help and assistance you need. Some brokers will create rich and detailed user guides, or compile the most common questions in a FAQ. Others will include live chat on every area of the site and also link to a telephone service. Whatever they do, the best brokers will always offer a way for you to get assistance.
They are not afraid to show their product for free
The demo account is a powerful tool for both first time traders and potential new customers. That’s why you should always take advantage of the freebie and get a strong sense for what day to day trading will be like at this broker. You will be able to download or login to the platform and place trades with a practice balance, just like a real account. A practice account is even good for experience traders, who can test and trial new strategies in a risk free environment.