Trade the Financial Markets

Whether you're a beginning forex trader or have extensive experience in forex trading, we will stick our collective nose out and say that you will find useful information here. You can draw on years of experience in trading currencies, commodities and indexes. All of our recommended forex brokers offer a wide range of trading instruments. ForexTraders.com covers everything from daily currency charts and forex strategy to current market analyses and forex broker reviews.

Forex trading is not something to take lightly. If you truly want to be successful at forex trading, you must be prepared to invest the time and hard work to acquire the three factors for success – knowledge, experience, and emotional control. The staff at Forextraders.com is here to help you achieve these goals, especially from a knowledge perspective, but determining if a trading regimen is right for you will come from hours of practice trading with “virtual” cash and real time quotes on a free “demo” account.

Each of the forex brokers presented below can provide this demo account for your early development phase and continued practice thereafter. The list below will acquaint you with the issues involved in selecting a personal business partner in this arena, your first major decision in your quest to become a “professional forex trader”.

If you are new to forex trading, we really recommend that you start out by reading our education section.

Broker Features Regulator Platforms Next Step
Number One Broker ForexTime Logo Founded: 2011

- Over 400k Account Registered
- More than 250 Trading Instruments
- MT4, MT5 and Web Trader Platforms
- Full ECN Trading Model


CySEC, FSB, IFSC MT4 & MT5 for PC, Mac, iPhone/ iPad, Android. FXTM WebTrader (MT4)
AvaTrade Logo Founded: 2006

- Active 10+ years
- 40% New Member Bonus
- Very well regulated


ASIC, FSA, FSB, MiFID MetaTrader4, Sirix, AvaOptions, AvaTrader, Mirror Trader
FxPro Logo Founded: 2006

- Support in 18 languages
- Negative balance protection
- 24/5 Support


CySEC, FCA, FSB MetaTrader4, MetaTrader5, cTrader, FxPro SuperTrader
eToro Logo Founded: 2007

- Social Trading Platform
- 24/5 Customer Support
- Beginner Friendly


CySEC, FCA eToro OpenBook, eToro WebTrader, eToro Mobile Trader
MexGroup Logo Founded: 2005

- Well regulated in over 3 continents
- 24/5 multilingual Customer Support
- Tightest spreads in the market
- 15% new account opening bonus
- MT4, MT5 and mobile trading platforms


ASIC, BaFin, CIMA, FSC MetaTrader 4, MetaTrader 5
Plus500 Logo Founded: 2008

- Multi Asset Trading Platform
- No Time Frame for Demo Accounts
- Very well regulated


ASIC, CySEC, FCA Plus500
24option logo Founded: 2010

- Dedicated Account Manager
- Well Established
- Leverage 400:1


CySEC, MiFID MT4
IronFX Logo Founded: 2010

- 1 Million GBP Insurance by Lloyds of London
- ECN Real Raw Spreads, 0.2 EUR/USD
- Scalping allowed


ASIC, CySEC, FCA, FSB Metatrader, Webtrader
OctaFX Logo Founded: 2011

- Up to 1:500 leverage with micro-lots (0.01 size) available for everyone
- Scalping, hedging, trading on the news, and EAs are permitted.


FCA MT4 and cTrader
easyMarkets logo Founded: 2001

- 50% FTD Bonus! (non EU Traders only)
- Active since 2001
- 300+ markets can be traded


ASIC, CySEC MT4, Web platform & Easy-forex on mobile
HotForex Logo Founded: 2008

- 100% FTD Bonus
- Social Trading Features
- Available in 25 languages


CySEC, FSA MT4
Oanda Logo Founded: 1996

- No Minimum Deposit
- Very well established
- 24/5 Customer Support


ASIC, CFTC, FCA, FFAJ, FSA, IIROC, KLFB, MAS, NFA fxTrade, MT4
XM Logo Founded: 2010

- $30 + Deposit Bonus up to $5,000 (t&c apply)
- Very well regulated
- 24 hour support


CySEC, FCA MT4 Terminal, MT4 for Mac, Web Trader, iPhone/iPad Trader, Droid Trader, Mobile Trader
XTB Logo Founded: 2002

- Forex Pais and CFD Trading
- Cash back loyalty bonus. Earn up to £1.80 cash back per lot.
- Tight Spreads as low as 1.2 pips


BaFin, CMB, FCA, KNF xStation, MT4, Mobile
LCG Logo Founded: 1996

- No minimum deposit
- Very well established
- Daily emails with market commentary


FCA LCG Trader, MT4
CM Trading Logo Founded: 2011

- Automated mirroring service
- One on one training
- 24x5 customer support


FSB MT4 & Sirix
FXPrimus Logo Founded: 1999

- 24/5 Customer support
- Well established
- Well regulated


CySEC MT4
FPMarkets Logo Founded: 2005

- Phone and live chat support
- PAMM Accounts Available


ASIC MetaTrader 4
TradeFred Logo Founded: 2016

- Owned by the BetFred Group
- Trade in 50 currency pairs


ASIC, CySEC, VFSC MetaTrader 4
Trio Markets Logo Founded: 2014

- Very well regulated
- BONUS: $4 cashback per lot traded till the end of the year


ASIC, FCA MT4 & Sirix
ThinkMarkets Logo Founded: 2010

- EAs, hedging and scalping allowed
- ECN shop with the backing of several liquidity providers
- Bilingual customer support 24x6


ASIC, FCA MT4, Mobile
FxGiants Logo Founded: 2015

- FXGiants has a proprietary interface to make its account funding process easier, fast and secure.
- Very well regulated


ASIC, CySEC, FCA MetaTrader
City Index Logo Founded: 1983

- Well established
- Beginner friendly
- Free Webinars


ASIC, FCA, MAS Advantage Web, AT Pro, MT4
iTrader Logo Founded: 2012

- Order slippage on stop losses is generally minimal
- Trade in over 50 currency pairs
- No fees for deposit or withdrawals


CySEC MT4, WebTrader, Mobile
IQ Option Logo Founded: 2013

- Well established.
- Does both binary and forex.
- Low minimum deposit


CySEC, FCA IQ Option
Libertex Logo Founded: 1997

- Well Established
- 700 employees
- Their own platform


CySEC Libertex
Alvexo Logo Founded: 2014

- Trading Academy
- No withdrawal fees
- Three trading platforms


CySEC MetaTrader4, MT4 Mobile Web, iPhone/iPad, Social
Tradeo Logo Founded: 2012

- Bonus available(t&c apply)
- Their own platform and MT4


CySEC MetaTrader4, Tradeo Platform
Trade.com Logo Founded: 2009

- Attractive bonus promotions
- Dedicated account manager
- Various FTD bonuses


CySEC Metattrader4, Webtrader, and mobile support platforms supported
FXGlobe Logo Founded: 2013

- No dealing desk executions
- Account management for traders on varying experience levels


CySEC, MiFID MT4, FXGlobe Web Trader
Swiss Markets Founded: 2016

- Good Leverage
- Many Deposit and Withdrawals options


CySEC MetaTrader 4
BDSwiss Logo Founded: 2013

- Forex pairs and CFD trading
- Tight spreads as low as 1.2 pips
- Over 130 assets


CySEC MT4 & SpotOption
Formax Logo Founded: 2014

- CopyMaster social trading platform
- Permits scalping hedging, EAs


FCA MT4, CopyMaster
HYCM Logo Founded: 2011

- Up to $5,000 Welcome Bonus (T&C Apply)
- Very well regulated


FCA, MiFID MetaTrader4
USGFX Logo Founded: 2005

- Withdrawal request approved within 24 hours
- Negative balance protection


ASIC MT4
ForTrade Logo Founded: 2014

FCA MetaTrader 4
ForexMart Logo Founded: 2015

CySEC, FCA, MiFID MetaTrader 4
NordFX Logo Founded: 2008

MFSC MetaTrader 4, MetaTrader 5
AxiTrader Logo Founded: 2007

- 24 hour support
- Well established


FCA MetaTrader 4
Orbex Logo Founded: 2010

CySEC MetaTrader 4 Client Desktop, MetaTrader 4 Multi Terminal, Windows Mobile Trader, Android Trader, MT4 iPhone and iPad Trader, MT4 Mac OS Trader
NSFX Logo Founded: 2012

MiFID MT4, MT4 ECN, NS-Trader
STO Logo Founded: 2011

CySEC, FCA MT4 & AFX Fast

    Crafting a Better Online Currency Trading Experience Is Our Objective

    At Forextraders.com, we believe that successful currency trading requires knowledge, experience and a disciplined approach to the market. Every page of this website is dedicated to these three factors in some fashion. Whether you consider yourself a beginner, intermediate or expert level trader, we guarantee that there is something new for you to learn here. And not only do we strive to be the best educational resource for everything related to forex trading, we are also one of the fastest growing forex trader communities on the web today.

    Make no mistake about it – forex trading is high risk. Specialized training is a prerequisite to manage this risk profile. Impatience and inexperience can destroy even the best trading strategy. Among other things, we can help you find out how to trade, where to trade, when to trade, and make you aware of the many pitfalls that many have fallen into before you. Our library of over 200+ strategy articles is designed to guide each step in your process to gain competence, effectiveness, and consistency:

    • Knowledge:  Awareness is key to building a solid knowledge foundation. Read as much as you can to gain familiarity with all aspects of the profession. Enroll in a forex training class offered by your broker to broaden your perspective and gain insights from a “mentor”. Learn to accept your “amateur” status. Honing your skills will come later;
    • Experience:  There is no substitute for experience. “Free” virtual demo trading accounts were created with this purpose in mind. Practice forming a strategy, executing trade orders, protecting against risk of loss, and locking in your gains. Successful traders swear by their practice regimen. You will, too!
    • Emotional Control: You have to develop a disciplined approach to the forex market, execute by the numbers for buys and sells, and prevent your emotions from interfering with the process. There is a psychology to trading, and you can be your own worst enemy if you do not follow a fixed routine. Many novice traders are unaware of the mental attitude necessary for successful trading. Many conscious and subconscious elements of personality can and often do get manifested for the first time when a person begins trading for their own account. Seasoned professionals have minimized emotional and character elements with education, practice experience, and using a “step-by-step” trading plan.

    Success in fx trading now depends, more than ever before, on wisely guided execution. Forextraders.com has experienced online forex professionals in your corner providing expert advice, educational tools, forex market commentary, and best practices guidance to ensure more time for your active trading. Our commitment is to be your best resource for useable information that will make your trading experience in the world’s largest market both profitable and enjoyable.

    Welcome, and Good Luck!


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