All Forex Brokers claim that they are the best Forex Broker. The truth is, there is no best broker, because all forex traders are unique, and have certain criteria for their broker.
The best Forex Brokers are licensed and regulated by your governments financial institutions regulator. Each country has a regulatory body that overseas brokers. Brokers that are not licensed are always a scam, and you should stay far away from offshore / unregulated brokers.
You have literally hundreds of brokers available for you to choose from, so we have taken the liberty to put together a list of Forex brokers that we work with as affiliates. If you sign up with one of the brokers, then we will received a commission from them. And that is how we manage to offer you free information on our website!
United Kingdom Broker
ForTrade is a London based broker that is Authorised and Regulated by the FCA in United Kingdom.
ForTrade offers their investors and day trading clients a full suite of CFD trading platforms. Their bespoke trading platform called ForTrader is available in a web-based version, along with mobile apps for Apple and Android. Traditional traders will find the MT4 trading platform as well.
Start trading today at: ForTrade.com.
Forex brokers in Europe must have a license, and each European Union country has their own financial regulator that issues licenses to brokers. A broker that received a license in one E.U. member state, can accept investors from any other country in the European Union.
Many brokers in Europe have received their license from CySEC, which is the Cyprus governments financial regulatory agency. This is because it is one of the cheapest and easiest licenses to attain.
Plus500 is a popular CFD broker, offering an exclusive trading app! What makes Plus500 a unique broker, is that they do not employee any salesmen. Meaning, you will not receive phone calls from them asking you to deposit money. Plus500UK Ltd authorized & regulated by the FCA (#509909).
Register here for a Free Demo Account.
Disclaimer: Crypto Trading Availability is subject to regulations. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Forex brokers in Australia must have a license from ASIC. This has not stopped many scams from operating there, and advertising their outrageous profit offers on Facebook and Google.
The Best Forex Broker in Australia today is PepperStone. They are a licensed company, operating in Australia and the United Kingdom. As one of the first licensed brokers to introduce Crypto Currency trading, Pepperstone has become one of the most popular brokers today.
Try a Free Demo Account at: PepperStone.com.
South African Broker
Trading Forex and Crypto Currency is more popular among South Africans, than any other country. Investors there are very in tune with the constant fluctuations in the local currency, the Rand ($ZARUSD).
The best forex brokers in South Africa are licensed and regulated by the FSCA. One of the oldest FSCA licensed Forex brokers is a company called CMTrading. CMTrading has built up a strong reputation, and their trading platform offerings are absolutely superb. They offer the PandaTS trading platform, along with Copy trading abilities.
Try out their Free Demo Account at: CMTrading.com.