The very first thing that comes into ones mind when introduced to Ava FX is how easy and friendly their interface is. This is apparent surfing through their website, where all needed information for someone new to this firm is accessible and clear, and is even more so with their trading platform – Ava Trader, where all features are no more than a click away......
Xforex is a retail forex broker that first opened its doors in Cyprus in 2003 as Trouvia Investments Ltd, but since has expanded to North America. After much investigation this broker seems to be a decent one, with good service, a good platform, and some extra client perks that go above and beyond other brokers.
eToro is a Forex broker that offers a true revolution in Forex trading, when it comes to their trading platform. Their game-like experience just might be the most novice-friendly FOREX learning tool on the market today. eToro makes learning and mastering your FOREX trading skills an incredibly fun experience with a graphical user interface like no other FOREX platform, while offering a competitive platform for more experienced traders as well, known as "Expert Mode". Beginners first venturing into the world of FOREX now have an entertaining solution to the difficulty that comes in trying to initially understand FOREX and making sense of the most highly regarded, widely used but complex FOREX platforms out there.
Easy Forex is a no-download platform developed for traders who wish to use a system that is truly easy to use. The registration process is quick and simple and so is the depositing of funds. Easy Forex offers Day Trading, Limit Orders, and additional deals depending on the location of the user. Spreads and amounts to risk depend on the type of the account ranging from mini-accounts to tailor made VIP accounts. The minimum risk required is $12.5
ForexYard is a retail forex broker that was established in 2004 and based in Cyprus. They offer a dealing desk brokerage, meaning they take the other side of your trades. Twenty-seven different currency pairs are offered as well as 3 commodities: gold, silver, and oil. ForexYard offers very competitive fixed spreads. With the option of a web-based or downloaded trade platform, good customer service, flexible margin trading, and some additional features not offered at other retail brokers, this broker is recommended for experienced and especially beginning traders in the forex markets.
iForex is an international group of Forex companies founded in 1996 by a group of bankers and Forex dealers. In 2004, they launched their multilingual internet-based trading platform.
FXCM is a large and strong company, with a large world-wide user base, high liquidity and large financial assets. This enables them to offer attractive rates, innovative tools and features, and high standards of customer support. These all make FXCM a safe choice of a FOREX trading platform.
Marketiva
Marketiva has established itself as an industry leader thanks to its advanced trading platform and its highly recommended customer service. They require low minimum deposits, and allow very low risk while trading. All these features make Marketiva very attractive for a newcomer to the FOREX market.
Saxo Bank
SaxoBank cuts a wide investment swath, appealing to brokers, institutions, and other potential trading partners, as well as individual clients. Those individual clients are presented with a panoply of trading products--FOREX, CFDs, stocks, commodities, and futures--and two free demo accounts with which to test the platforms. To enjoy these platforms, however, the trader must first wend his way through a complex web of conditions and formulations tailored to each investor, each cross, and each asset.
Caya
Caya Capital Markets is a new broker providing online trading in forex, stocks, oil futures, and metals. They are based in New Zealand and London, with affiliates in Dubai, Amman, East Europe, Thailand, South Africa, and South America.
MBTrading
MBTrading Futures Inc. has been in operation since 1999 based in California, USA. They are one of the few ECN (Electronic Communications Network) brokers out there for trading forex, stocks, commodities, and futures. MBTrading’s platform and service make it unique in many respects for the professional forex trader.
ForexWebTrader
ForexWebTrader is a sophisticated forex trading platform that’s designed clearly enough for the novice or experienced trader. The site’s combination of offering more than 45 different trading pairs, along with a virtual tour and live help features, make it one of the more comprehensive forums available.
UFXBank
UFXBank is a new Forex broker based in the UK and in Cyprus. They have recently acquired multiple brokers, names are withheld, and thus were able to emerge as a new face on the retail Forex scene. Very little is known about this company or their trading platform, and so a low recommendation is given at this time, however this new broker may be one to watch for the future.
FOREX.com
FOREX.com launched operations in 1999 as a tool for professionals FOREX traders and is now used by traders from all over the world and all experience levels.
After depositing funds through a variety of vehicles, you have access to a wide range of research charts, news headlines and online tutorials to help you make the best investments. There is a learning curve involved in navigating the information, but once you do, you’ll find the information you need pretty quickly.
FXcast
FXcast is a worldwide financial services corporation that is specialized in offering currency traders of various levels and experience with excellent quality online trading services. FXcast has remained in the market since 2005.
InterBankFX
InterbankFX is a retail FOREX broker whose pioneering efforts have created a unique FOREX trading environment. While not as complete as some other sites, InterbankFX does offer timely and effective support for the novice trader.
Dukascopy
Dukascopy provides clients with exclusive right of entry into the biggest Swiss FOREX Interbank liquidity network with sophisticated trading tools, price/execution guarantees, slippage control, full market depth and very reliable customer service.
MIG Investments
MIG Investments is a Swiss online FOREX broker. They are regulated by the Swiss Federal Department of Finance. The Swiss regulatory body is known for requiring that all banks and financial institutions act in accordance with strict regulations and procedures. This helps make MIG a secure, safe and trustworthy place to trade. MIG provides a state of the art 24-hour trading platform in 21 different languages. They take obvious pride in staying competitive with several currencies being offered for as low as 2 pips. There was a time when such a tight spread would have only been available for a 1 million USD or higher transaction size. This MT4 based broker is simple to use with a thirty day free demo, very tight spreads, live chat and quality customer service.
Alpari
Alpari is a retail forex broker that was established in Russia in 1998, and has since opened a UK brokerage (www.alpari-idc.com) in 2004, and a US brokerage (www.alpari-us.com) in 2006. They offer a retail dealing desk with fixed spreads, meaning they do take the other side of your trades. The three different brokerages are regulated by different government regulators, the FSA in the UK, and the CFTC and NFA in the US, and the Financial Regulation Agency (FRA) in Russia. There are some differences in broker offerings between the three for this reason. All three do provide strictly an Mt4 feed only for web-based trading. All in all this broker is recommended for good customer support, and good mt4 feed.
FXDD
FXDD (FXDirectDealer LLC) is a retail ECN broker that was established in 2003 in New York. Since FXDD is an ECN broker, they do not take the other side of clients’ trades, but are able to quickly pass through trades and match them on the interbank network of 60+ banks. They claim to typically have fixed spreads but occasionally, like high volatility during news events, the spreads can become variable due to the nature of being an ECN broker. They currently offer 20 different currency pairs to trade, on five different trading platforms. With the flexibility of these five different platforms to choose from, good customer service and some unique learning tools, FXDD is recommended to retail and institutional traders alike.
Crown FOREX
Crown FOREX S.A. (CFSA) is a FOREX trading platform based in Switzerland. The firm offers many different features and solutions, but is probably best suited to advanced and experienced traders. While it does not provide much education to budding or inexperienced traders, CFSA does include provisions to limit risks, and a demo account for training purposes.
Finotec
Compared to the many other FOREX sites that are racing to grab a share of the online business, Finotec runs with the middle of the pack. Although boasting the best trading platform and support services of any FOREX site, Finotec’s offerings are similar to those of a number of other companies. It does have is a more consumer look and feel than many larger commercial sites and seems inviting to the beginner.
MG FOREX
At first glance everything about www. mgFOREX.com and the MG Financial Group seems simple. They offer one main platform, the DealStation, which is available in a number of versions. They offer one type of trading: FOREX. They offer a limited number of crosses: ten popular pairs. Even deposits are acceptable in only two forms: check or wire. But this brokerage service is like a big puzzle, with pieces of information scattered about the site. But, after you put them all together, you’ll discover a proven, rather simple-to-use trading tool. This is truly a site for the hunter-gatherer.
Global FOREX Trading (GFT)
Global FOREX Trading (www.gftFOREX.com) is known for its dazzling charts and prompt customer service. At the heart of the GFT platforms are the DealBook 360, a 20 MB-plus downloadable trading engine that power the Demo, the Mini, and the Standard. The Standard is the full-featured crown jewel of the line; the Mini is less robust. GFT is for the trader who is serious about FOREX and wants to become more adept at playing the market
IFX Markets
IFX Markets is a FOREX trading platform that offers 24-hr Foreign Exchange trading to hedge funds, money managers and self-traders. Traders can jump into the FOREX arena with just $500 via IFX Markets, or choose to start with a free practice account. While not as robust as some other sites, IFX Markets is a comprehensive place to practice FOREX trading.
FXsol.com
A trader using FX Solutions’ platform will enjoy their strong trading platform accompanied with powerful charting tools. To make the FOREX trading experience even more customized, FLEXI leverage and FLEXI contracts are features that enable the user to decide at any time what the leverage in his account will be and at which quantities he wishes to trade.
Oanda
OANDA’s offers a complete FOREX trading experience with all its tools, products, resources and users discussion forums. In addition to these services OANDA strives to offer the lowest spreads to any trader using their platform, no matter what the levels of activity in their account are. So while it definitely takes time to master this full set of tools, the trader using them will eventually be able to manage his trading strategy to make the most out of using this platform.
Finexo
Finexo has been in the retail forex broker business since 2003 and a white label of Saxo Bank since 2004. Simplicity and ease-of-use are the themes for this broker, and they state on their website that they want to make entry into the foreign exchange market easy for the beginner. But easy is not always a good thing, and dig a little deeper and some disturbing red flags are revealed.
AC-Markets
ACM is one of the largest brokers in the FOREX market. They offer 4 user friendly platforms which can be accessed via web and via mobile phones. While it is easy and convenient to trade with ACM, the minimum deposits required are extremely high, starting at $2,000 for mini accounts! The minimum lot size is 100,000 units, and spreads are not fixed, thus exposing the trader on ACM to high risks during volatile markets.
DBFX
When encountering DBFX for the first time, I was immediately taken aback by what seemed to be a serious and established brokerage. Their site is well organized and their offering is quite broad. The site is available in three languages Arabic, Chinese, and English, which is a relatively small number of languages compared to other brokers.
Forex.ch
GFX Group is a forex broker based in Switzerland and operating since 2005. This broker is a non-dealing desk broker offering straight through processing for client orders and variable but tight spreads on major currency pairs...
CKFX
When you access CKFX’s website, the first word that comes to mind is “simplicity”. The site is as simple and empty as can be, with very little information. Do not let that fool you though, CKFX has a nice offering and in some cases, even outdoes its parent, Forex Yard, for who they act as an introducing broker.
Plus 500
When first encountering Plus 500, my first impression was how clean and user-friendly their website is. They have a very organized way of displaying their offering and all its features. Each category is displayed in its own tab, including Forex, commodities, indices, stocks, and CFDs.
Forex Place
Forex Place is one of the more impressive brokers I have reviewed. They clearly invest time and money on your first impression when accessing their website. It is clean, fast, straight forward, visually appealing, and simple to use.