Biggest Forex Brokers In The World

Biggest Forex Brokers In The World – You will get your answer in this article! We have researched the largest forex brokers in the market by trading volume and number of clients and listed them below. Please read the full disclaimer below the selection ratings.

1# IQ Option = 90 million total, 1,800,000 daily active traders (Source: IQ Option official website)

Biggest Forex Brokers In The World

The above list includes forex and CFD brokers that offer forex trading. Note that the table does not cover all brokers in the market and some of the largest brokers are not in both categories. This may be because many brokers do not publicly disclose their monthly trading volume or the number of users they currently have. So, while I do my best to find information from reputable sources such as financial magnets or a given agent’s official website, please add a pinch of salt to the above list.

Best Forex Brokers In 2023

Exness is an internationally regulated broker offering forex, metals, cryptocurrencies and CFDs. Customer support is available 24/7 at the broker with full support for MT4 and MT5 trading platforms. Deposits and withdrawals are free at Exness. In addition, a member of the Investor Compensation Fund, Exness offers a wide range of assets for both new traders and professionals.

Exness has two standard trading accounts and three professional trading accounts. The Standard Cent account is a very suitable account for beginner forex traders who want to learn how to trade with low risk, a minimum deposit of $1, spreads up to 0.3 pips and open microlots. The standard account also has a minimum deposit of $1. Standard account users can access more MT5 assets and platforms, including indices and cryptocurrencies, in addition to the Cent account. Professional accounts have a higher minimum deposit requirement, $3.50 trading fee and spreads as low as 0 pips.

IQ Option is a CySEC regulated online broker that offers forex, cryptocurrencies and other CFDs. With a unique social trading platform and simple trading platforms, the broker’s minimum deposit requirement is as low as $10. IQ Option, which does not offer a wide range of CFDs to trade, has created a special social trading platform especially for beginner traders. Enabling social trading with a feature tool called Community Live Deal, the broker offers users a variety of sentiment indicators and various charts.

Competitive spreads are available on IQ Option starting at 0.7 pips. Although joining IQ Option is free, there are high withdrawal fees for money transfers and an inactivity fee of €10 per month after 90 days of inactivity. Educational materials are scarce at IQ Option.

Stop Hunting With The Big Forex Players

IC Markets is a broker established in Australia in 2007. This reliable company, which has cooperated with the Traders Association for many years, offers traders lots as small as 0.01, low spread and high quality customer service. IC Market’s order execution speed is noticeably faster than most platforms. IC Markets is suitable for traders of any experience level. All users can access additional resources, analysis and training materials at any time.

Traders can trade CFDs on commodities, indices, over 65 currency pairs, futures, stocks and metals in popular and highly liquid markets. Orders have average spreads between 0.0 and 0.1 pips and the broker offers some of the lowest spreads in the world. The minimum deposit requirement is $200 and you can talk to their customer support representatives 24/5 if you have any issues.

The company does not charge any transaction fees when withdrawing funds, except when withdrawing funds through international banks. The company’s commercial servers are located in LD5 (London) and NY4 (New York). The runner’s order execution and withdrawal speed is noticeably better than its competitors.

Forex.com is managed by GAIN Capital Group LLC, founded in 1999 by Wall Street veterans. Forex.com is a broker that offers its users easy and advanced trading tools, extensive educational resources and low account minimums. Forex.com is one of the most comprehensive forex trading providers in the world, allowing you to buy and sell over 80 currency pairs. Trading with technical analysis on the platform is facilitated by more than 90 individual indicators. You can add multiple indicators to the chart with a single click.

Forex Brokers Regulations

In this broker, you will find many forex education tools such as live webinars for beginners and risk management courses for advanced traders. Forex, options, spot metals and futures can be bought on the platform. The account minimum is $100 and Forex.com charges lower average trading spreads than many competing brokers. Again, the platform has variable prevalence.

Forex.com’s Active Trader Program allows traders with at least $10,000 in account balance to receive refunds based on active trading volume. Supporting the popular MT4 suite of platforms, Forex.com offers its clients comprehensive trading platforms designed for forex traders across mobile, web and desktop platforms.

XM Global Limited is a brokerage firm established in Belize in 2017. Forex, Precious Materials, Commodities, Stock trading orders are executed in a second on the platform. Customer service is available 24 hours a day in 17 languages. One of the best things about the broker, which offers the opportunity to trade more than 60 currency pairs, is that the minimum deposit is only $5. This amount is very reasonable for beginners and those who are new to the market.

XM Group offers users four types of accounts: micro, standard, zero and ultra low. There are no fees or hidden fees for trading with the broker on any type of account. Deposit and withdrawal payment methods are banks, credit cards, Skrill, Neteller and similar standard methods.

Best And Biggest Forex Brokers In The World (2023)

XM offers users various promotions, bonuses and special extras. Seasonal special bonuses, welcome bonus, deposit bonus, loyalty bonus, trade bonus and loyalty programs are bonuses offered by the broker. However, their availability is subject to availability (they are not available in certain countries). Offering an intuitive platform interface for daily use and various bonuses, this broker has earned a good reputation throughout the industry.

Saxo Capital Markets is a global service provider offering forex, futures, CFDs, stocks and ETFs in 180 countries. The broker, which operates as a subsidiary of Saxo Bank within the Saxo Group, offers a wide range of investments with around 40,000 instruments. The broker offers CFD spreads and forex traders starting at 0.4 pips.

Saxo is fully regulated in 15 different jurisdictions, including Singapore, England, Denmark and Australia. Saxo has 3 different account types: Classic, Platinum and VIP. The minimum deposit requirement for a classic account is £500. The Platinum account has a minimum deposit requirement of £200,000 and the VIP account has a minimum deposit requirement of £1,000,000. Total broker fees and commissions are competitive for users who can reach Platinum or VIP account level. or make more than 100 operations per month, but higher for classic account users.

Saxo has an impressive range of products including forex, futures, indices, commodities, options and bonds. Saxo has created a platform for large and professional investors. Saxo withdrawals are free, but inactive investors will face aggressive inactivity fees. Transactions are discounted for Platinum and VIP accounts.

How The Biggest Forex Brokers Make Social Media Marketing

HotForex is a market making broker established in 2010 and regulated by seven regulatory bodies. Offering MetaTrader 4 and MetaTrader 5 trading platforms, the broker offers several bonus programs for new members. HotForex offers adjusted spreads for over 50 currency pairs with a minimum deposit of $5.

The HotForex website has a wide range of educational materials. Those who want to have a good understanding of the basics of Forex, financial markets and CFD trading can check out the HotForex eLearning and Training Center. The broker is a novice broker who regularly organizes webinars, focuses on current market trends and teaches some technical analysis techniques. A demo account with a virtual fund of USD 100,000 can be created with the broker with unlimited usage. They offer 24/5 customer support by phone, email and LiveChat.

Deposits and withdrawals at HotForex are free. Deposits and withdrawals can be made via credit card, debit card, money transfer and Skrill, and withdrawal times vary between 2 and 10 days depending on the method used. Bonus options up to 100% can be used on deposits.

OANDA is an online forex broker based in the USA, the company was founded in 1996. OANDA’s intuitive interface allows users to trade directly from the chart and use various analysis tools. Providing access to live exchange rates, the platform also offers an efficient automated trading service thanks to its API libraries.

Best Ecn Broker 2023 [updated]

OANDA has an application for mobile devices. He usually charges low commissions. You can use payment tools such as bank transfers, debit and credit cards and PayPal to fund your OANDA account. OANDA offers a longer-term demo account than other brokers, which allows traders to test their strategies.

AvaTrade is a well-regulated broker with a global customer base of over 200,000 customers. The Dublin-based company was founded in 2006. The platform has something for everyone, as its supported investment instruments include bonds, indices, stocks,

Biggest forex brokers, the biggest forex brokers, largest forex brokers in the world, top world forex brokers, the best forex brokers in the world, top 10 forex brokers in the world, biggest forex broker in the world, biggest brokers in the world, biggest forex brokers by volume, top forex brokers in the world, top 20 forex brokers in the world, biggest stock brokers in the world