Forex Broker Reviews 2022 Tested with Real Money & Trades

As a top forex broker, they have a totally transparent network and are known for their unique binary options products Forex and direct market access account. All of these factors were weighted based on their importance to users.

  • The well-designed Advanced Trading Platform, available as a desktop client and a web-based option, presents an excellent alternative.
  • Official representatives of many brokers often respond to issues mentioned in the reviews and help to resolve them.
  • Like most other top brokers, Interactive Brokers prioritizes client education through its dedicated online Traders Academy.
  • As one of the major U.K.-based forex brokers, LCG offers a wide range of asset classes and a seamless trading experience.
  • Our extensive forex broker reviews include detailed analysis, pros & cons, rankings, trading platform breakdowns, account features, trading offers, bonuses, fees and more.
  • Check out their statistics from past users to see if it’s attractive to you.

We recommend that you contact via phone for fast and efficient customer service. Although finding the live chat is a bit tricky, Forex news this is also a great channel to get relevant answers fast. Don’t expect rapid and satisfactory answers to your enquiries via email.

About CFD

Prices are equal to interbank rates and only smaller trades can be accommodated. Another important point for serious trading is the security of customer funds.

You should never invest money that you cannot afford to lose. Equity traders must rely on the proprietary trading platform for access to all 4,500+ stocks and shares. With 4,500 equity CFDs, is ideal for asset managers, but ETF brokers are not available, which is a shame. I also want to note that the choice for equity traders depends on the geographic location, with some jurisdictions reduced to 220+. offers a competitive list of assets for those with access to all available instruments. Otherwise, the choice is certainly good enough for beginner traders.

What are binary options

As the name suggests, Public makes your portfolio public while also allowing you to view other account holders’ portfolios. And since forex trading is mostly about speculation, you can make a windfall today only to suffer your biggest loss in a matter of hours, let alone days. As arguably one of the most active markets in the world, forex trading presents you with a glorious opportunity to add to your income. We receive commission only when you make a decision to open an account with a broker via the Forex Recommend website.

Time is everything when trading forex, so you’ll want to see how quickly they execute trades. This could have implications DotBig overview on the profitability of your trade, so it’s highly important to keep this in mind aside from low trading fees.