Top 13 Forex brokers: Who to choose and what you need to know? Part I

Forex is an international currency exchange market where participants can trade currencies, futures, options and other financial instruments. Forex trading can be lucrative, but it also comes with risks. Therefore, it is important to choose a reliable broker who will provide you with access to the market and help you manage your risks.

In this article, we will look at the top Forex brokers that have received high ratings from experts and traders.

We will consider the following criteria:

• Regulation. The broker must be regulated to ensure the protection of client funds.
• Tariffs. The broker should offer competitive rates to reduce your trading costs.
• Platforms and tools. The broker must offer quality trading platforms and tools.
• Customer support. The broker must provide quality customer support.

1. RoboForex

RoboForex is one of the leading Forex brokers in the world. The company offers a wide range of services and products, including trading in the foreign exchange market, futures, options and CFDs. RoboForex is regulated by CySEC, FCA and ASIC, which ensures the protection of client funds.

RoboForex offers the following advantages:

• Competitive rates. RoboForex offers some of the lowest spreads on the market.
• Wide selection of trading platforms. RoboForex offers a wide range of trading platforms, including MetaTrader 4, MetaTrader 5 and R Trader.
• Flexible trading conditions. RoboForex offers flexible trading conditions, including leverage up to 1:500.
• Quality customer support. RoboForex offers high-quality customer support in 15 languages.

2. Exness

Exness is another large Forex broker offering a wide range of services and products. The company is regulated by CySEC, FCA and ASIC, which ensures the protection of client funds.

Exness offers the following benefits:

• Competitive rates. Exness offers some of the lowest spreads on the market.
• Wide selection of trading platforms. Exness offers a wide range of trading platforms, including MetaTrader 4, MetaTrader 5 and cTrader.
• Flexible trading conditions. Exness offers flexible trading conditions, including leverage up to 1:300.
• Quality customer support. Exness offers high-quality customer support in 15 languages.

3. Tickmill

Tickmill is a Forex broker aimed at low-risk traders. The company offers low spreads and commissions, as well as a wide selection of trading platforms and instruments. Tickmill is regulated by the FCA, CySEC and ASIC, ensuring the protection of client funds.

Tickmill offers the following benefits:

• Low spreads. Tickmill offers some of the lowest spreads on the market.
• Comfortable trading conditions. Tickmill offers comfortable trading conditions, including leverage up to 1:500.
• Quality customer support. Tickmill offers high-quality customer support in 11 languages.

4. FxPro

FxPro is a Forex broker offering a wide range of services and products, including forex, futures, options and CFD trading. FxPro is regulated by the FCA, CySEC and ASIC, which ensures the protection of client funds.

FxPro offers the following benefits:

• Competitive rates. FxPro offers some of the lowest spreads on the market.
• Wide selection of trading platforms. FxPro offers a wide range of trading platforms, including MetaTrader 4, MetaTrader 5 and cTrader.
• Flexible trading conditions. FxPro offers flexible trading conditions, including leverage up to 1:500.
• Quality customer support. FxPro offers high-quality customer support in 15 languages.

5. Admiral Markets

Admiral Markets is a major Forex broker offering a wide range of services and products. The company is regulated by the FCA, CySEC and ASIC, which ensures the protection of client funds.

Admiral Markets offers the following benefits:

• Competitive rates. Admiral Markets offers some of the lowest spreads on the market.
• Wide selection of trading platforms. Admiral Markets offers a wide range of trading platforms, including MetaTrader 4, MetaTrader 5 and cTrader.
• Flexible trading conditions. Admiral Markets offers flexible trading conditions, including leverage up to 1:300.
• Quality customer support. Admiral Markets offers high-quality customer support in 15 languages.

Additional benefits of Admiral Markets:

• Access to more than 4,500 financial instruments, including currencies, stocks, indices, commodities and futures.
• The broker offers a wide range of accounts, including accounts for beginners, advanced traders and institutional clients.
• Admiral Markets offers a range of educational resources and tools that can help traders improve their skills.

6. XM

XM is a Forex broker offering a wide range of services and products. The company is regulated by the FCA, CySEC and ASIC, which ensures the protection of client funds.

XM offers the following benefits:

• Competitive rates. XM offers some of the lowest spreads on the market.
• Wide selection of trading platforms. XM offers a wide range of trading platforms, including MetaTrader 4, MetaTrader 5 and cTrader.
• Flexible trading conditions. XM offers flexible trading conditions, including leverage up to 1:888.
• Quality customer support. XM offers quality customer support in 15 languages.

7. AvaTrade

AvaTrade is a Forex broker offering a wide range of services and products. The company is regulated by the FCA, CySEC and ASIC, which ensures the protection of client funds.

AvaTrade offers the following benefits:

• Competitive rates. AvaTrade offers some of the lowest spreads on the market.
• Wide selection of trading platforms. AvaTrade offers a wide range of trading platforms, including MetaTrader 4, MetaTrader 5 and AvaTradeGO.
• Flexible trading conditions. AvaTrade offers flexible trading conditions, including leverage up to 1:500.
• Quality customer support. AvaTrade offers quality customer support in 15 languages.

To be continued…

Link to the second part   https://euro-economy.com/en/good-brokers/forex-brokers-review-top-13-forex-brokers