Top 5 Forex Brokers in The World

Currency trading is a precise science. Most traders concentrate on EUR/USD pairs. However, before you enter the volatile world of forex trading, it is important to assess your own trading goals. Are you sure you want to bet on Euro and USD? Would you be looking at exotic and minor currency pairs? Would you make a career out of your enthusiasm for the

Top 5 forex brokers in the world?

The top forex brokers provide more benefits and trading tools particularly geared to making sense of volatile currencies. The top forex brokers each have a customizable dashboard permitting you the tracking of each currency that matters.

We have come up with our recommendations regarding the top forex brokers in the world on the basis of trading tools, low costs, currency assessment, and real-time data.

Which is the best broker in the world?

IG Group

IG has been a massive hit for a number of years now. The broker has access to more than 16,00 markets. IG was a pioneer in the field. Today, it offers 80 currency pairs.

A great feature with IG is that it supports US clients with attractive services. Its low spreads make it a great option for US-based forex traders.

The US concern of the broker has the distinction of being the provider of ProRealTime, a charting software package with 100+ indicators.

Its large reading revenue numbers have made IG the largest CFD dealer. Begin trading with this critically acclaimed broker today with a minimum deposit of GBP250/$250.

Interactive Brokers

Interactive Brokers boasts licenses in 6 first-tier jurisdictions. The broker currently has $8 billion+ in equity capital. The broker’s own workstation, the Trader Workstation, is highly customizable, supports advanced charting, has 20 diverse order types. TWS is a beast of a machine! The only glitch with this software is that it might be too trailblazing for beginner traders.

Interactive broker is a byword for excellence. The broker offers 100+ currency pairs, 7400+ CFDs, and bitcoin futures.

Forex.com

There are many options to trade on Forex.com. With a variety of trading tools and diverse research options, Forex.com is the leader among top forex brokers.

Pros

Very safe, publicly-traded company operative in 4 top-rated jurisdictions; diverse assets including close to all currency pairs, stocks, and cryptocurrencies; awarded a number times for mobile trading, low-cost trading, and education; spread & volume competitive pricing; offers advanced trending platforms, including MetaTrader.

Cons

Agency trade execution; customer support could be more prompt.

Pepperstone

Pepperstone, the Australian maverick broker from Melbourne, has shot up past many rivals in the last decade. Today, the Aussies offer you an ECN trading platform with 70+ technical indicators, state of the art cTrader AutoTrader, DupliTrade for copy trading, 62 currency pairs, 1300+ stocks.

The low spreads keep the Melbourne Team close to top forex brokers.

In fact, this young broker is full of beans. If you expect great customer service, responsiveness and reciprocity, Pepperstone ios for you. Beginner traders would be especially comfortable with its streamlined, lean-mean trading offerings - with service terms meant to facilitate cost-efficient trading.

InvestBy

InvestBy.com is user-friendly and intuitive. How InvestBy works? This is easily grasped thanks to the number of legal documents on the website. InvestBy is obligated to obey the regulations as per Belarussian legislation. The broker’s parent company, TechFX LLC, is related to a CySEC licensed firm.

InvestBy centres its activities around ‘CFD trading’, boasting of a new approach to the same. That’s a considerable claim. An utterly professional team channelled the ‘new century approach’ through more than 350 assets across five categories: forex, cryptocurrencies, commodities, stocks, and indices. InvestBy weds state-of-the-art tech with a global outreach.

The parent company of InvestBy is TechFX LLC. Investby is incorporated under Belarussian laws. The registration number is 69315051. The broker is at its registered address at Minsk, Minsk Region, Minsk District, ag. Kolodischi, Minskaya str, 69a-2, office 23.

Is InvestBy.com legit?

The broker is regulated by NBRB or the National Bank of the Republic of Belarus. InvestBy has license number 40023. Tech FX is related to NEO Premium Investments (NPI) Ltd., authorised and regulated by CySEC or the Cyprus Securities and Exchange Commission. The license number is 189/13.

To answer the question about the broker being legit - yes, being a regulated broker’s website, InvestBy.com is fully legit.

Conclusion

The top forex brokers we have assessed and presented to you stand for transparency, cost efficiency in trading, super fast when it comes to trade execution, and truly international. All seasoned traders will benefit from their association with these top forex brokers. Beginner traders would be specially made to feel welcome with Pepperstone and InvestBy.