Finding a forex currency broker can be a daunting task. At ForexCharts we strive to provide you with the most accurate and up to date information on foreign currency exchange brokers to aid you in your quest. The following foreign currency brokers are ranked by spreads, customer service, currency pairs offered and ease-of-use.
Since you may never see your new business partner, your process for selection should entail a healthy dose of due diligence since money will be involved. Quick decisions are ill advised at this stage. Caution and skepticism will protect you in the long run. You want to validate that his reputation is sound and his systems are of high quality;. Is the broker in your country? It is best to begin with a broker that has a presence in your country of residence. You can then easily verify that it is regulated and has the proper credentials to operate.
How long have they been in business? Someone very new may still have problems to work out — better to go with experienced professionals;. What kind of support is provided? You will want to check their trading software and whether several forms of support are offered. For example, training tutorials, market commentary, responsive customer service, economic calendars, and news feeds are the basics;. You will want to practice on their platform before ever putting real capital on the line.
Compare applicable features and determine how each currency broker attempts to out do his fellow competitors;. Practice trading for a few days and validate that you are comfortable with the platform. If you are satisfied, then send along a small deposit of a few hundred dollars at the outset. There will be differences, but these should be slight. If all goes well, then increase your deposit and have at it! Invest the time up front in making a prudent choice, and it will pay dividends down the road.
Start your research by reading our reviews in the top list above and visit the respective currency broker for more information. Read Easy Markets Review. Read FP Markets Review. Read City Index Review. Read Swiss Markets Review. Read IQ Option Review. Visit Read Forextime Review. Visit Read AvaTrade Review. Visit Read Nadex Review. Visit Read eToro Review. Visit Read Plus Review. Visit Read 24Option Review. Visit Read Easy Markets Review.
Visit Free Demo Read Markets. Visit Read XM Review. Visit Read TradeFred Review.More...