Explore industry-leading currency trading platforms available at tocic.xyz, including MetaTrader 4. Find the tools you need to suit your individual trading. There's a lot to like with XTB, a leading forex broker, including several must-have features: Access to thousands of instruments: With few. There is no official forex trading app or website, as the forex market is made up of a collection of banks, brokers, and other dealers;. BINARY OPTIONS BOOKS TO BUY Create Table Like : Launches a the options for connect - it remove, and edit. Last edited by server fails to. In general it Filters Revert and.
Choose your expiry, strike price, and premium to control leverage when buying. Note: U. The IG web trading platform is created to offer traders a fast, clear, and smart way to trade spot forex via a web browser. Features of the web platform include:. IG offers a variety of mobile trading apps that allow you to trade forex from any iPhone or Android device. The IG mobile trading app offers full trading functionality with a range of technical indicators, customizable alerts, and advanced trading options.
MetaTrader 4 is a third-party trade platform that offers access to a range of tools and features to help you customize your trading experience. You can use these tools to help build your own trading algorithms, which may help automate your trading. You can go long or short with spreads starting at 0.
MetaTrader 4 also comes with 18 free add-ons and indicators that you can use, as well as thousands more that are available for purchase. IG has a comprehensive feature set that includes something for everyone, putting it at the top of our list of best forex brokers.
Our favorite features include:. Streamlined design: The web trading platform design is bright, clean, and easy to use. At a glance, you can see the market prices, spread, and margin for your preferred trading pair. Charts and advanced trading tools: IG offers some of the most intuitive currency trading charts in the industry, built on flexible HTML5 technology. You can view multiple timeframes in a single trading chart, build customizable indicators, and trade directly from the charts.
IG has a lively community of active traders on Twitter, where you can get invaluable guidance. Further, IG has an in-house TV channel where you can watch the advanced traders share their knowledge live three times a day, five days a week.
Become proficient at charting, trading, and more, just by following along. Alerts: IG's trading alerts are free, customizable notifications that are sent to you whenever your specifications are triggered. Most traders use them for when economic events occur, target prices are hit, or technical conditions change.
Trade alerts are sent to you via email, SMS, or push notification, allowing you to react instantly. Signals: With IG, you can get real-time trade signals with actionable "buy" and "sell" suggestions. These signals are based on either technical or fundamental analysis. These trade signals include entry and exit points, support and resistance levels, and the level of confidence in the signal.
However, it's important to note that IG doesn't create the signals themselves. Rather, they come from two third-party providers, Autochartist and Signal Centre. Customization: Any forex platforms worth their salt will give you the option to customize your views to match your preferences.
IG lets you switch between light and dark mode, use multiple workstations, and tailor your view with custom columns and watchlists. Whatever your trading style, IG has you covered. The company is also publicly traded, and with a year history, IG tops our list as one of the best overall brokers on our forex broker list.
For U. In addition to being highly regulated in the online trading world, IG boasts some of the best spreads, starting at 0. Though most of the features are comparable to the best forex brokers, where eToro shines is with its copy trading feature. This feature alone has resulted in more average profitwhen users copied the most popular advanced traders.
Trading CFDs allows you to trade solely on the price movements of various financial markets and instruments without having to own the underlying asset. This strategy can allow you to gain capital quickly, while minimizing trading costs. This strategy is how experienced traders can make massive gains by taking advantage of leverage. The other forex brokers on our list also offer CFDs.
With an intuitive interface, the eToro platform can be easy to use for forex traders of all levels. The platform is accessible from countries, though the exact features and available markets will vary based on your location. Spreads for forex pairs as low as 1 pip: Keep in mind that spreads fluctuate. Trading costs could be higher based on a variety of factors. Robust regulation: eToro is currently regulated in three jurisdictions.
Two of them are tier-one, and one is tier-two. For reference, tier-one is the highest trust jurisdiction and includes independent bodies in the United States, Canada, UK, Australia, etc. Large community: With more than 10 million users, you can interact with and learn from other active traders all over the world.
Great for beginners: The user-friendly interface, together with the social trading aspect of the platform, is an ideal combination for new forex traders just getting initiated into currency markets. With Plus, investors of all skill levels can start trading CFDs for a variety of instruments, including stocks, indices, cryptocurrencies, ETFs, options, and forex currency pairs. There is an Android app available for mobile trading, and they recently launched an app for iOS and Mac.
Keep in mind that the web app is not available in the United States. Plus also offers a free demo account, so you can experiment with different trading strategies without putting any of your own money at risk or incurring any trading costs. Access to global markets: Plus currently gives traders access to over 2, financial instruments, and the list continues to grow. Stop limits and guaranteed stop losses: Take control of your trading without having to sit at your trading terminal into the wee hours.
Set automatic stop limits and losses to get peace of mind while locking in profits with this forex platform. Trailing stop: Exercise even more control over profits or losses with a trailing stop. This feature adjusts your stop loss as the price of the asset fluctuates. As a result, you can both lock in profits and minimize losses. Alerts: Customize your alerts to be notified whenever something of interest happens.
Get alerts for price movements, percent changes, and a shifting trader sentiment. Overall, this online trading platform is intuitive to use and well-suited for all levels of traders, including beginners. With market spreads as low as 0. There are no actual trading fees other than the spread. With brand name recognition especially as part of StoneX , Forex. At publication, Forex. They also offer the ability to trade gold and silver, as well as futures and futures options.
In some countries, you can use Forex. Though Forex. A typical spread for most forex pairs is 1. In ultra-favorable conditions, the spread can be as low as 0. Mobile functionality is also an option. One of the reasons Forex. High trade execution: Thanks to pricing supplied at the speed of light, traders are able to get real-time views of actual pricing.
This gives traders confidence that the price they specify in their order will be executed. Platform options: From Forex. Advanced charting tools: Find your secret trading weapon by utilizing Forex. Choose your own chart type including candlesticks, lines and bars, and more , compare multiple timeframes, and use over 60 indicators and drawing tools to detect patterns and uncover trends.
Free day demo account: You can try before you buy, while also testing out your trading strategies and ability to use technical analysis tools. The demo account from this online broker is free and available for 30 days. As a publicly traded company with the most name recognition, Forex.
Just make sure that the tools and trades you want to use are available in your region. Interactive Brokers, or IBKR for short, gives global access to traders who want to invest in stocks, bonds, options, futures, and currencies. The platform includes a front-facing client portal that gives a trader insights into their portfolio at a glance. At last count, you could execute 20 different order types. Comprehensive reporting: Get an in-depth view of all the data.
As you get more trades under your belt and build your portfolio, you can also use the portfolio analysis tool for even more insights. Flexible trading strategies: Execute any type of order imaginable and get some hand holding along the way. Interactive Brokers has some of the most comprehensive research tools available and caters to both beginning and advanced traders. Educational content: IBKR believes in the idea of no trader being left behind.
After all, the better you do, the better IBKR can do. From a regulatory perspective, we see IBKR is about as trustworthy a forex broker as you can get, with licenses in a whopping six tier-one jurisdictions. High-volume traders will appreciate that there are no spreads, but you will be subject to commissions based on your transaction size.
For this reason, IBKR is recommended for those committed to trading regularly and with decent volume. The first office sprang up in Sydney, Australia, and the company now has locations in New York and Toronto. Traders can execute trades via CFDs and spread betting. Though the spread will vary, it is highly competitive. On average, a trader can count on a spread of 0. Using CFDs and spread betting, forex, indices, cryptocurrencies, commodities, shares, share baskets, and treasuries can all be traded.
You can choose from more than 70 chart patterns and a dozen types of charts. Overlay your charts with technical indicators and drawing tools for maximum levels of insights. Perhaps one of the coolest options is a price projection tool, which is part of the pattern recognition suite. All of these features are available on any device, including iPhone and Android devices.
Further, you can also access MetaTrader 4 MT4 seamlessly. Transparent trading: From your trading view, you can clearly see level one and level two pricing and estimated margins. More than technical indicators: Go deep in your research by accessing technical indicators. Pattern recognition: You no longer have to rely on your intuition or homemade charts when detecting patterns. Award-winning apps: Many forex traders face limitations when it comes to the functionality of a mobile app.
The offering from CMC Markets, however, has unprecedented functionality, and the company has won numerous awards for its app. To keep your money secure, the company segregates funds and abides by strict custody requirements. To help alleviate confusion from this plethora of choice, Saxo Bank also gives clients access to educational tools and informational products to enrich knowledge and wealth.
This forex broker is fully licensed and regulated as a European bank and supervised by the Danish FSA. Saxo Bank offers a variety of advanced trading platforms to suit the needs of any trader. Further, the interface can be accessed via both mobile and desktop.
This platform gives traders the option to graduate from one screen to six screens. It also allows for algorithmic ordering. Variable pricing: You can customize your pricing based on your account level. Choose from classic, platinum, and VIP. VIPs get the most competitive pricing. However, it does come with an additional fee. Though there are relatively high minimum deposits, Denmark and Norway residents can create an account with no money down. The price of each currency will fluctuate based on the law of supply and demand.
For example, if you exchange a high volume of Canadian dollars for U. On the flip side, the price of the U. It is this theory of basic economics that drives forex trading. Traders use forex trading platforms to profit from these currency fluctuations. Australian traders can only use the software in demo mode. The other issue is the fees some brokers charge from an interactive fee to real-time data access fees.
There are two types of trading accounts. Our analysis found that IC Markets has the lowest spreads in this category. The second category is called a standard account and has no commissions. Our analysis shown below compares the average spreads of standard accounts and determined IG offered the lowest spreads overall.
Please note that other fees apply when trading, including financing fees for overnight positions. These financing fees will depend on the software platform chosen with IG. The online broker was recommended for social traders based on the platform functionality, number of copy traders online, and depth of CFD trading options.
The most obvious advantage of the eToro trading platform is that the platform is specifically designed for social trading. Unlike other platforms which require you to integrate third-party software or an add-on extension, eToro provides all the social tools you need for social trading. In this sense, eToro could be described as the Facebook of social trading , where traders can discuss all things trading with each other and get valuable feedback.
The other notable advantage of the platform is the copy trading feature. This comes in two flavours, CopyTrader and CopyPortfolio. This is exceptionally useful for beginner traders or traders with little free time, as they can profit off the trades of other traders. Traders should understand how it works as it can help you make better copy and trading decisions however it is complex to understand.
The other disadvantage is eToro is a specialist social trader platform that does not have as many technical indicators and graphical tools compared to specialist CFD platforms such as Next Generation by CMC Markets. When opening an eToro trading account, a demo account is automatically created. The demo account includes the research feature from eToro investors and industry experts sourced from financial institutions.
There are a variety of trading platform options from the web platform to mobile iOS app for iPad and iPhone devices. There is also an app for Android devices. Below shows how this works with traders rewarded based on the size and the number of other traders copying their positions.
Other key social trading features include live newsfeeds, allowing traders to discuss strategies and share strategies. In , 47 currency pairs can be traded with eToro. Other key financial markets include 17 cryptocurrencies including bitcoin , EFTs, 13 commodities and 13 indices. The biggest financial market unique to eToro is their share trading ability to trade more stocks in most global markets as a contract for difference.
The specialist social trading platform offers most financial markets, including cryptocurrencies. Plus is a CFD provider that offers a large range of financial instruments for trading. The company offers its proprietary trading platform, designed specifically to make monitoring and trading multiple instruments at one time as easy as possible.
Plus trading platform is well known for its ease of use when trading its large range of financial products. The main screen is designed to display multiple CFDs with real-time quotes and only the most necessary information through an exceptionally easy to view and organised layout. This helps users as it keeps things simple when trading, there is no need to switch screens to implement strategies or perform orders.
Our top picks for novice traders include several other brokers, but Plus has the best risk management tools available through the platform. This includes guaranteed stops, which are not available with most brokers. The Plus trading platform has several limitations.
The software does not offer algorithmic trading, meaning traders looking for trading automation may find the platform does not suit their needs. Traders looking for advanced analysis tools may also feel restricted as the Plus trading platform offers just 15 indicators and 10 timeframes and the level of platform customisation is limited. The other main issue with the Plus trading platform is that it is proprietary with a closed ecosystem.
This limits the level of customisation one can do either through creating their custom signals with their code, adding extensions or plug-in from 3rd part providers to increase the number of technical indicators or graphical tools available and switching platforms should you wish to change brokers in the future. Plus offers the following features for novice traders:. One of the key features of the Plus trading platform is the risk management tools that are not often offered by other brokers.
Guaranteed stop-loss orders are also available, allowing you to set a maximum potential loss for trades. While Plus is a good platform if you are new to trading, but we do not recommend the platform if you intend to use it to learn to trade. For this, we recommend their demo account as you can practice with virtual cash before using your own money to invest. Leverage instruments involve a high level of risk, so we recommend exercising caution before you trade.
Beginner forex traders should check the product disclosure statement PDS of the subsidiary first before trading with Plus With such data reliability, eSignal can distinguish itself from other platforms for its charting tools.
Furthermore, each add-on incurs an additional cost. Such costs make it unsuitable for beginner traders. To save on costs, a broker that offers eSignal as part of their package may be worth considering. If you subscribe with the Classic plan, subscribers will only get intraday data delayed 15 minutes and no backtesting, no mobile access and no depth of market, for these features, traders will need Signature or Elite plans.
City Index engineered its Web Trader platform to run with protective risk management features that come in the form of:. Negative balance protection is an automatic stop-loss feature that ensures clients do not lose more than the account balance and indebted to their broker. When a debit account balance occurs because of unforeseeable market events, the negative balance protection policy will restore your trading account balance to zero.
Additionally, the City Index TradingView platform is equipped with a guaranteed stop-loss order, which for an extra fee that is built into the spread warrants that your SL will be triggered at the specified price. Please note, CFDs remain complex instruments and traders show learn about the risks even with these features.
Our team of experts also weighed into our proprietary scoring system the wide range of order types offered by City Index, which includes:. City Index clients can access a plethora of smart trading tools that can help them find new trading opportunities. City Index web-based charts are powered by TradingView but are enhanced by the in-house technology built by the team of experts at this brokerage trading firm. Overall, the City Index TradingView platform has professional capabilities and trading tools that can satisfy the needs of the most sophisticated traders.
You can trade on any device and operating system anywhere directly from your browser without the need to install it on your PC. It is one of the few platforms available on Mac. The platform stands out in a crowded field of competitors because of its advanced charting features, a wealth of research tools and screening tools which are highly customisable. The ThinkOrSwim trading platform offers the following notable features:. ThinkOrSwim also includes extensive research capabilities from TD-Ameritrade, this gives users education and news to help with trading.
ThinkOrSwim is only available in the US. The platform also has a large learning curve due to the wealth of tools available. If you are a beginner trader, you may not need charting tools like ThinkOrSwim offers. TD-Ameritrade offers 70 currency pairs to trade, all with no commission fees. Trading with spread only products keeps thing simple and straightforward as traders know in advance via the spread exactly what they are paying for.
The broker also has no commissions when trading the following online stocks, ETFs, options and selected bonds. Similar to a demo order, this is a tool to help you practice trading with the most realistic scenarios possible. With this tool, you test new strategies, test order types without risking your own capital. This broker is regulated with the following authorities:.
Requirements of this regulation include:. With an extensive collection of educational features including immersive courses, online articles and web videos, webcasts, web seminars. TD Ameritrade has a commitment to giving their clients every opportunity to develop their skills when CFD trading. The reason the broker is recommended includes the ThinkorSwim Forex platform, a wide range of currency pairs, customer support and low spreads.
TradeStation is an online charting system and social network for traders to chat with each other, share ideas and trade scripts. TradeView offers superior charting for a large range of CFDs. Traders can choose from 10 HTML5 chart types with up to 8 charts per layout and over 50 drawing tools to help analyse trends and identify opportunities.
TradeStation also has a stock screener based on different metrics from over search fields. A similar feature is offered by xStation offered by XTB. TradeStation is not a true trading platform. You cannot buy and sell through it, to do this you will need a broker that integrates TradeStation into its platform. It also does not offer Level 2 data regardless if traders subscribe to a Premium subscription. While the software offers a free subscription to get so features, a paid subscription will be needed to get the best features such as a screen with multiple charts and customer services.
Oanda offers its clients access to Autochartist, a powerful third-party tool that uses automatic chart pattern recognition software. All Oanda Trade clients can gain free of charge access to the Autochartist software. Some Autochartist features and advantages are listed below:. Make better trading decisions with indicators, overlays and tools, including AutoChartist. Additionally, Oanda clients can have access to an economic calendar integrated directly with the TradeStation platform.
If your trading relies on news activity, you can get real-time breaking news along with market commentaries from industry-leading FX experts. At Oanda, forex traders can deposit and withdraw money through 4 supported payment methods including:.
In total, Oanda customers can use 9 different account base currencies along with their favourite banking method. Oanda was found to be the best forex broker for US traders, offering the TradeStation platform powered by its advanced price technology. For a limited period 30 days traders can use the TradeStation demo account to test the financial services offered by Oanda. While the above platform made our list of best forex trading platforms, there are other very good trading platforms you could consider.
AvaTrade makes three trading platforms for mobile trading. The best forex platform is MetaTrader 4 based on the popularity of the trading software, reliability and automated trader facilities. The best forex broker offering MT4 is Pepperstone, which has some of the lowest spreads in , fastest execution speeds combined with good trading customer service.
Disclaimer: If you sign with a brokers UK subsidiary as required by UK traders then you will not be able to trade cryptocurrency derivatives due to FCA regulations. Justin Grossbard has been investing for the past 20 years and writing for the past He co-founded Compare Forex Brokers in after working with the foreign exchange trading industry for several years.
He and his wife Paula live in Melbourne, Australia with his son and Siberian cat. In his spare time, he watches Australian Rules Football and invests on global markets. Most brokers offer variable spreads, so it is important to choose the right broker for fixed spreads. You can find out more about these brokers our best Fixed Spread Brokers page.
City Index - Good eSignal charting software. Visit Site. Our Rating. Review Of Pepperstone. Review Of IC Markets. Review Of Plus ASIC Australia. FCA UK. MAS Singapore. FMA New Zealand. DFSA Dubai. FSA Seychelles. SCB Bahamas. Raw Spread. Commissions USD Base. Minimum Deposit. Swap Free Account. No Inactivity Fees. Funding Methods.
No Funding Fees. Currency Pairs. Index CFDs. Share CFDs.