Broker Ranking: The best Forex Brokers in 2021
eToro is the most intuitive broker for beginners. eToro offers more than 1,083 different instruments, including over 47 currency pairs. This forex broker also allows you to trade commodities, stocks and even crypto-currencies.
eToro’s online platform attracts thousands of new accounts every day as the world’s largest social trading network. In terms of trading strategy, eToro launched its « OpenBook » social investment platform in 2010, as well as the company’s « CopyTrading » feature.
In 2010, eToro launched its first Android applications to enable investors to trade and trade on their mobile devices. This innovative platform allows investors to automatically monitor, track and copy the best traders in the network. The trading application is available on Android and IOs. eToro is ideal for both novice and more experienced traders.
Etoro also rewards its best traders, because in addition to making money with their trading, traders can also make other traders follow their activities. It is one of the only brokers that can earn additional income for sharing ideas with other traders.
Their platform is easy to learn and offers a free demo account. The eToro Demo Account allows you to test the platform and practice trading for free. This way traders can practice trading without the risk associated with $100,000 of virtual money.
eToro is a multi-asset platform offering both equity and crypto-asset investments, as well as CFD trading assets.
Please note that CFDs are complex instruments and have a high risk of losing money quickly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you understand how CFDs work and if you can afford to take the high risk of losing your money.
CFDs are volatile instruments that can fluctuate significantly in a very short period of time and are therefore not suitable for all investors. Apart from through CFDs, trading in cryptoassets is not regulated and is therefore not supervised by any EU regulatory framework.
IQ Option is one of the best brokers in the crypto-money trading market. This broker will be of interest to both novice and experienced traders who wish to experiment with a newly developed trading scheme or method. IQ Option has a completely free demo mode on Forex and CFDs, and a minimum deposit of $10 which makes it even more accessible.
Withdrawals can be made via Visa, MasterCard or Maestro, WebMoney, Skrill and Neteller. Deposits are available through the same methods. Withdrawals are processed within 24 to 72 business hours.
Forex markets are always on the move and offer interesting trading opportunities. IQ option offers traders the alternatives they need to always be able to find a market to trade.
The success of its model is illustrated by the fact that IQ Option is the fastest growing broker in the Forex and CFD industry. As of February 2016, it had 30 million active traders. It has also won several awards and Google Play rankings show that its mobile application has been ranked as the best trading application in 26 countries.
(Protected CFD) you will never lose more than the amount invested.
77% of individual investor accounts lose money when trading CFDs with this provider. You should ask yourself if you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Broker XM provides a multi-asset solution to Forex and CFD traders worldwide, offering over 50 currency pairs, over 20 indices and 1,000 equity CFDs, as well as over 60 ETFs and 21 of the most popular commodity CFDs through its own xStation. platform suite and the MT4 and MT5 platform from MetaQuotes Software Corporation.
The Forex Broker XM was created in 2009 by Trading Point of Financial Instruments Ltd. This group currently consists of interbank brokers. XM has strong and effective regulation. All countries in the Eurozone or the EU have special regulatory measures for gaming and trading websites.