compare binary
compare forex
anyoption binary options

Our Random Brokers Quote

This is the hardest easy money you will ever make..

The forex market is so competitive in this time,  that just thinking about it having to sift through all the available brokers in the world that can give you a major headache.

Choosing which forex brokertou can trade with, can be a very overwhelming task especially if you don’t know what you should be looking for.

No, I will explain some qualities you should look for when picking a forex broker.

1. Security

The first and foremost characteristic that a good broker must have is a high level of security. After all, you’re not going to hand over thousands of dollars to a person who simply claims he’s legit, right?

Fortunately, checking the credibility of a forex broker isn’t very hard. There are regulatory agencies all over the world that separate the trustworthy from the fraudulent.

Below is a list of countries with their corresponding regulatory bodies:

  • United States: National Futures Association (NFA) and Commodity Futures Trading Commission (CFTC)
  • United Kingdom: Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA)
  • Australia: Australian Securities and Investment Commission (ASIC)
  • Switzerland: Swiss Federal Banking Commission (SFBC)
  • Germany: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFIN)
  • France: Autorité des Marchés Financiers (AMF)
  • Canada: Autorité des Marchés Financiers (AMF)
  • Before even THINKING of putting your money in a broker, make sure that the broker is a member of the regulatory bodies mentioned above.
  • 2. Transaction Costs

No matter what kind of currency trader you are, like it or not, you will always be subject to transaction costs.

Every single time you enter a trade, you will have to pay for either the spread or a commission so it is only natural to look for the most affordable and cheapest rates.
Sometimes you may need to sacrifice low transaction for a more reliable broker.

Make sure you know if you need tight spreads for your type of trading, and then review your available options. It’s all about finding the correct balance between security and low transaction costs.

3. Deposit and Withdrawal

Good FX brokers will allow you to deposit funds and withdraw your earnings hassle-free.

Brokers really have no reason to make it hard for you to withdraw your profits because the only reason they hold your funds is to facilitate trading.

Your broker only holds your money to make trading easier so there is no reason for you to have a hard time getting the profits you have earned. Your broker should make sure that the withdrawal process is speedy and smooth.

4. Trading Platform

In online forex trading, most trading activity happens through the brokers’ trading platform. This means that the trading platform of your broker must be user-friendly and stable.

When looking for a broker, always check what its trading platform has to offer.

Does it offer free news feed? How about easy-to-use technical and charting tools? Does it present you with all the information you will need to trade properly?

5. Execution

It is mandatory that your broker fills you at the best possible price for your orders.

Under normal market conditions (e.g. normal liquidity, no important news releases or surprise events), there really is no reason for your broker to not fill you at, or very close to, the market price you see when you click the “buy” or “sell” button.
For example, assuming you have a stable internet connection, if you click “buy” EUR/USD for 1.3000, you should get filled at that price or within micro-pips of it. The speed at which your orders get filled is very important, especially if you’re a scalper.

A few pips difference in price can make that much harder on you to win that trade.

6. Customer Service

Brokers aren’t perfect, and therefore you must pick a broker that you could easily contact when problems arise.

The competence of brokers when dealing with account or technical support issues is just as important as their performance on executing trades.

Brokers may be kind and helpful during the account opening process, but have terrible “after sales” support.

Risk Warning

Disclaimer: We try to keep information accurate and up to date, however we cannot make warranties regarding the accuracy of our information. Please verify FDIC Insurance / NCUA Insurance status, credit card information, and interest rates during the application process. Please note that we have financial relationships with some of the merchants mentioned here. In some cases we may be compensated if consumers choose to utilize the links located throughout the content on this site and generate sales for the said merchant. Remember that this is only for profesional and your Capital is at Risk

Advertiser Disclosure: Many of the credit card offers that appear on this site are from companies from which forex-markets.reviews receives compensation. The results of  reviews are based on objective quantitative and qualitative analysis of card attributes. They are not affected by compensation. Compensation may impact which cards we review and write about and how and where products appear on this site (including, for example, the order in which they appear).

NOTE! This site uses cookies and similar technologies.

If you not change browser settings, you agree to it. Learn more

I understand

Collection of personal information

The Company shall request information from the Customer which is necessary for the Customer to open personal account. Providing such information is necessary condition which allows the Company to protect the Customer's interests, and the Customer to execute different transactions using personal account and not being concerned about safety of his/her/its assets. The Company shall be entitled to collect information which may contribute to improvement of appreciation of the Customer's needs and preferences.

 

All the information which is necessary for execution of communication between the Customer and the Company is collected directly from customers.

 

Use of personal information

Use by the Company of personal information of the Customer has for an object to provide the Customer with safe and qualitative service.

 

Personal and contact information which has been received from the Customer, shall be used during checking contact details and ascertainment of identity. The Company shall also use personal information of the Customer during creating an account, opening and adjustment of trading account, issue of codes of activation and passwords of access. Contact information of the Customer helps the Company improve its services and promptly inform the Customer about additional products, opportunities and promotions of the Company.

 

Branches and partners

At the Customer's request the Company may provide the information about services offered by the Company's branches and partners. For the purpose of providing more high-quality services the Company may carry out affiliate relations or conclude marketing agreements with other companies. In order to provide the Customer with full, well-timed and qualitative service the Company may exchange with its partners and branches. The use of personal information of the Customer shall be limited in this case.

 

Disclosure of Customer's information to the third party

The Company shall not be entitled to disclose personal information of the Customer except the cases described below.

 

The Company shall reserve the right to disclose personal information of the Customer to the third party if it is required by law-enforcement agencies and other state authorities. The Company shall be entitled to disclose the Customer's information which is necessary for provision to tax or credit authorities or in the cases when it is necessary for the purpose of protection of rights and property of the Company.

 

If the third party receives personal information of the Customer, thereby it shall take responsibility for protection of given information in order similar to the one described in the Agreement.

 

The Company may use personal information of the Customer only with the purpose of improvement of quality of services.

 

Liability restriction

If the Customer of the Company has decided to use services of other company and provided this company with his/her/its personal information the Customer must understand that safety of his/her/its personal data becomes responsibility of this company too. Before providing other company with personal information the Customer must learn privacy policy of this company. Web-site of the Company shall be in the Internet and that means that it may be connected with other web-site that's why the Customer needs to be careful and keep in mind that the Company shall not be responsible for privacy policy of other web-sites.

 

Use of cookies

In order to ensure effective work of web-site of the Company and trading activity of the Customer, the Company shall use cookies. Cookies shall represent small text files sent from web server of the Company to the Customer's computer. Cookies used by the Company shall not have any personal data, account numbers or passwords of the Customer.

 

The Company may involve other organizations in assistance in administration of web-site, collection and analysis of statistical data. Such organizations may establish and use their own cookies in the name of the Company and these cookies shall not have personal information of the Customer.

 

Communication

During registration the Customer receives a letter via e-mail which confirms his/her/its registration. The Company may send information about changes and new promotions to its customers via e-mail or receive from its customers e-mails with questions and requests, such information shall not be confidential.

 

By accepting the Agreement, the Customer shall allow the Company to use the information received from the Customer via e-mail, including various ideas, methods, marketing products and know-how without any consequent obligations from the Company. An exception shall be identification data of the Customer.

 

The Company shall be entitled to reverse, save or delete correspondence with the Customer at its absolute discretion.

 

The Company shall be entitled to follow up internal messages of customers with the purpose of appreciation of quality of offered services.

 

Changes in the Privacy Agreement

Sometimes the Company may upgrade the Agreement. In case of substantial changes in the Agreement, new Agreement of Privacy shall be placed on the Company's web-page without delay and all the customers shall be informed about changes. The Company recommends its customer read the Agreement from time to time in order to be aware of the way of use of customers' information.

 

Updating or deletion of personal information

We provide all visitors options for reviewing, changing, deleting, and modifying personally identifiable information previously provided. To update your organization's profile, user profiles, or to discontinue the service, please send a request to our Support Team. You can expect to receive a response to any such update request within seven (7) days.

 

Opt-Out policy

If, at any time after registering for information or ordering our services, you change your mind about receiving information from us or about the use of information volunteered by you, please send us a request specifying your new choice. To opt out of promotional emails, please send a request by completing a short contact form.