Trader-bank.com Review Is Trader Bank a Scam or Legit Forex & CFD Broker

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Did you know the forex market is the largest financial market in the world, with over $5 trillion traded every single day? Not only does it allow central banks and corporations to trade with each other, or holidaymakers visit new destinations, it also also allows speculators to take advantage of a market that trades 24 hours a day, 5 days a week.

There has never been an easier time to access the world’s forex market either. At the click of a button you could be trading on the direction of the Euro, British pound, Japanese Yen, US dollar or even the Russian Ruble! There are hundreds of currency pairings to trade from, so you’re free to find the ones that interest you most.

However, while the financial gains of trading the forex market seem lucrative, it’s not considered easy. Having a sound trading education, a properly funded trading account and understanding of risk management techniques are essential. Unfortunately, there are many unscrupulous individuals who will try to scam individuals through forex trading scams.

Forex scams will be around for as long as the Forex market exists. As schemes are evolving, scammers are always somewhere nearby, trying to extort your money away. But could there be a solution to this problem?

Investment scams take many different forms. Some of the scams are even named after their creators – such as a Ponzi scheme, after the infamous scammer Charles Ponzi. Forex scammers tend to target beginners or uneducated traders. The best way to combat this, and avoid getting scammed, is by getting a good Forex trading education, so you are aware of everything before you enter the markets.

Once you master the markets, you are no longer an easy target. Forex scams often use phrases like “a too-good-to-be-true investment opportunity” as a way of convincing you to part ways with your money. When you lack trading experience, swindlers will try to exploit your optimism and fears. Here’s where Forex scammers step in and make you exciting offers.

How To Spot A Forex Trading Scam

The most important giveaway of a Forex scammer is the guarantee of unusually large profits with little or no financial risk. First of all: there’s no such thing as a 100% guarantee. If there was, there’s no way traders would share it with other market players. Some of these offers may sound very attractive, especially to beginning traders. But as the saying goes, the only free cheese is in the mouse trap. The bottom line is this: if something sounds too good to be true, it probably is.

Here a few simple rules to follow in order to avoid scammers:

  • Remain safe and don’t run after empty promises
  • Be especially wary of software that claims to have found a ‘secret formula’
  • Do not install any programs until you are certain they won’t damage your computer

Another giveaway is that scammers never register with any regulatory authority. Remember – true brokers always provide proof of their legitimacy. If you suspect that a Forex brokeris lying about their regulation, you can contact a regulatory authority who may be able to provide a list of regulated companies, and a list of cases opened against regulated companies. This will help you understand which Forex brokers to avoid.

Three Major Types of Forex Scams to Avoid

Those involved in forex scams, money scams and general trading scams are always trying to find new and innovative ways to take advantage of new traders. However, there are three major types of forex scams that people commonly fall victim to. Understanding them is the first step in trying to avoid them.

#1 Forex Robot Scams

A forex robot is a trading program which uses algorithms, or lines of computer code, as technical signals to enter and exit trades. Typically forex robots are built using expert advisors, or EAs, within the popular MetaTrader suite of trading platforms.

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Of course, not all forex robots are scams. Searching online for forex robot scams list may help you avoid some of the known scammers. However, here are a few things to watch out for to avoid any forex robot scams you may come across:

  1. Marketing messages that are unrealistic: If the author of a forex robot has to ‘sell’ you on it the dream of what it could do for you, then it’s unlikely they’ll have the results to back it up. After all, numbers don’t lie, or do they?
  2. Very high percentage growth returns: There are some forex robots that are advertising systems that should over 4,000% return in just a few years. This may seem fantastic, but it’s important to look at the statistics. The return could just be closed trades, the system may have open trades that if the stop losses were hit could wipe out any gains.
  3. Undiversified scalping strategies: Many forex robots employ a scalping system which means they trade for very small profits. This then shows a high win rate and can inflate the results in a supportive market condition. Yet, market conditions change, and if the system loses more per trade than it wins, it will only take a few losing trades to wipe out any accrued profit.
  4. Using unregulated brokers: There are some forex robots that show extremely good results using unregulated brokers no one has ever heard of. In this instance, the results might be good on their own interbank spreads but if you open an account with them your spreads and commissions will be wider, thereby eating into much of the profit.

At the end of the day, if you are considering using a forex robot, then treat it like a business rather than make an emotional decision. Start with an online search for a forex robot scams list and then do your own due diligence. As the saying goes, ‘if it looks too good to be true it usually is’.

#2 Forex Signal Seller Scams

Forex signal sellers are individuals who send out trade ideas which usually include a currency pair, direction, entry price, stop loss and target levels. There are multiple things to look out for so you don’t fall victim to these kinds of forex trading scams and money scams:

  1. Subscription fees: Individuals may market you amazing results without any verification. To get access to the trades, you often need to pay high subscription fees, or they start out low and use credit or banking details for other kinds of money scams. If their trade calls were so good, why sell them at all?
  2. Broker-tied signals: Some signal sellers offer you trading signals, but only if you sign up with a specific broker. This means they may be getting a kickback from the broker, so are motivated to send you any trades for you to take regardless if they win or lose. Having said this, there are some that will want to keep you profitable so they can continue to receive their kickbacks from the broker, which acts as their payment for the service.
  3. Unverified results: It’s all well and good saying your forex signals have made a high percentage return but if they can’t show a verified track record it means they’re not trading the signals themselves – which is clearly a red flag in itself.

The key to avoiding any type of currency exchange scams, money scams or trading scams is to, again, think like a business and do your due diligence, rather than act on an emotional decision of inflated promises and dreams.

#3 Phony Forex Trading Investment Scams

There are many adverts nowadays promoting phony forex trading investments scams and phony forex investment funds. In essence, a slick marketing message or salesperson will sell you on the phantom, or unverified results, of their forex fund. All you need to do is send them your investment, and you can sit back and enjoy the returns.

Of course, many people who send their money over often never see it again. The company says they’ve never heard of you and have not received any funds from you. What started as a forex trading investment scam now turns into one of those money scams.

Another outcome, is that they open an account for you, usually with an unregulated shady broker. However, after one or two trades, they wipe out your account. While they blame it on the market, it’s all gone to their brokerage company. And, because it is unregulated, it’s very difficult to get your money back – just another type of currency scam.

Why You Should Educate Yourself To Avoid Trading Scams

As Forex trading carries exceptionally high risk, losses are inevitable. Retail speculators are almost always trading undercapitalised, and are subject to the problem of gambling addiction and improper use of leverage. Any speculator who trades without skill is essentially playing against the market as a whole, which has nearly infinite capital, and they will almost certainly go bankrupt as a result.

In all fairness, a large number of the reports of money being stolen by brokers is a result of weak trading, and not scam brokers. If unskilled traders spent time developing a proper trading methodology they would become better traders much quicker, and would likely avoid Forex scammers altogether, as they would suitably informed about the potential risks and what to avoid.

Most retail traders should be able to use almost any trading platform with any broker, and see very little difference in their results – it’s that simple. Once you accept your losses, trade with a trading system, and master your market, it will be much harder for you to fall for a scam.

Three Signs of Forex Trading Investment Scams

1. Trading Systems and Education Without Any Proof

There are a lot of scammers selling trading systems and education. When you ask them to provide any proof of their trading history, they evade the answer. There are also many traders who would offer their systems without a trading room or any services. These types of scammers are sometimes referred to as “snake oil merchants”. “Snake oil” is the term traders use for false traders and trading systems that have no valid proof of their trading history.

2. Email Spam Asking for Personal Info

Scammers may also ask you for personal information, such as:

  1. Your full name
  2. Your phone number
  3. Your home address

Don’t give away your personal details to someone you don’t fully trust. Be suspicious of brokers who don’t provide you with a written risk disclosure statement. Even if they do, read the statements thoroughly, because the devil is in the details. Remember, data may become currency soon.

3. No Background

Never work with someone who refuses to provide you with their background information. Be it a broker, a trader, an educator, or a money manager. Always do a quick check online to see if the person or company is legit.

According to New York Magazine, a kid from Queens, New York City in the USA made tens of millions of dollars by trading stocks on his lunch breaks at Stuyvesant High School. What happened in reality, is that it turned out he never made any money, and all his profits were made in a paper trading account.

How to Avoid Forex Scams

The best way to avoid investment scams is to take your time. Don’t rush your decisions – and make sure to assess all the pros and cons first. Finding a reliable Forex broker is not an easy task, but you’ll benefit in the long run from investing your time. The first step you should take when you come across a Forex broker or agency is to google their business name.

Look for customer reviews on reputable websites. If there are none or they are sound fake, you should stay away from that service provider. Additionally, you can browse through scam reviews and see if a Forex broker is as reliable as claimed. Also, make sure to find out if there are any outstanding legal actions against the broker.

For example, you can:

  • Visit Forex forums and see whether there are any complaints about fund withdrawals, and if so:
  • Contact the user who posted the complaint and ask for more details.

Perhaps the user was mistaken or confused, but it never hurts to ask. A proper background check will also minimise your risks.

Keep Away From Opportunities That Seem Too Good to Be True

Easy money? No way! Don’t believe anyone who tells you it’s easy to make money with something like ”20% gain per month”. It’s pure nonsense, because Forex & CFD (contract for difference) trading requires a lot of screening time, education, patience, and quick wits to become profitable. There is no easy money achieved here. If you dedicate your time and learn how to trade properly, you might achieve an additional source of income.

Further Steps You Can Take To Protect Yourself

Make sure to compare the regulations of the regulatory authority with the terms on the broker’s website to find inconsistencies and anomalies in their terms. If you don’t trust your own judgement, or you simply don’t have time, ask the advice of a licensed financial advisor. Additionally, you can ask for business registration proof before registering with a broker. Make sure to read through all the fine print when opening an account. Sometimes scammers use account incentives against the trader, when it comes to withdrawing funds.

  • If you receive bonus funds and wish to withdraw them, a Forex scammer may deny you that right due its terms and conditions.

Don’t forget that when you start live trading – always trade a small volume for a short period initially, and then attempt a withdrawal. If everything goes smoothly, it’s safe to deposit more funds. The availability of a Demo account is another indicator of a good or bad broker. If you don’t get offered this option, or are discouraged from demo trading, this is a strong indication of a Forex scammer.

Questions To Ask To Avoid Forex Trading Investment Scams

Remember that you have every right to ask questions. A few proper questions, can determine whether you are dealing with a trustworthy broker or a Forex scam artist. Make sure know your rights, research the contacts, and check the company’s registration and business background. Keep in mind that all the information you receive from a potential new broker must be in written form. Never rely on phone conversations or oral statements.

Ask yourself these questions:

  • What can you do when you realise a broker’s offer is not for you?
  • How binding is the contract?
  • How easy is it to reach customer service?
  • Can you contact the broker by phone, Skype or email?
  • Do they list a physical address?
  • Do they use actual names?
  • Are they a registered company?
  • Can they provide performance history?

Conclusion

To ensure you’re not a victim of a scam, always use a regulated broker that is well established, has favourable online reviews, and is 100% transparent in their fees and compliance policies. The allure of quick money and easy cash will always be omnipresent, which is why you should make sure that you fully understand what it truly takes to become successful at currency trading, without using quick-fix schemes that put you at risk.

Trading With A Demo Account

Trader’s also have the ability to trade risk-free with a demo trading account. This means that traders can avoid putting their capital at risk, and they can choose when they wish to move to the live markets. For instance, Admiral Markets’ demo trading account enables traders to gain access to the latest real-time market data, the ability to trade with virtual currency, and access to the latest trading insights from expert traders.

To open your FREE demo trading account, click the banner below!

About Admiral Markets

Admiral Markets is a multi-award winning, globally regulated Forex and CFD broker, offering trading on over 8,000 financial instruments via the world’s most popular trading platforms: MetaTrader 4 and MetaTrader 5. Start trading today!

This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.

Forex Broker Reviews 2020 – Ultimate Guideline

Forex Trading itself it’s difficult enough, to add another type of risk, is Broker Risk. The purpose of this research on FOREX BROKER REVIEWS is to ensure that you do not engage Trading in a Fraudulent/Scam Forex Broker. We monitor, compare and analyze brokers to ensure that our study meets your expectation. We are committed to helping our readers pick the Best Forex Brokers.

Note that there is no Best Broker in general, But you need to find the best one suited your Trading Style & Strategy. For this reason, we have presented a detailed research on what a trader should consider before selecting a Forex broker.

Key Considerations – How to Choose a Forex Broker

Some brokers may also have unfair spreads, hidden legal details, and fine print, or even just be outright frauds and scams. As important as a broker is, it is often very difficult to choose the right one for your investment. There are some factors to consider before making a choice. To choose the reliable broker for you, consider the following;

Regulation:

The implication of trading with an unregulated broker is that you will not be able to do anything if it turns out to be a scam. There are several regulatory bodies worldwide that regulate the activities of Forex brokers.

It is important that you look out for a broker that is registered and regulated by a strong regulated body. Some Brokers hold regulation with more than one securities.

Our recommended Regulated Bodies are;

  • FCA (UK)
  • CySEC (Cyprus)
  • S. SEC, CFTC, NFA, NYSE (USA )
  • Australia (ASIC)
  • Mifid (Eurozone
  • FSA and JSDA (Japan)
  • FINMA (Switzerland )

Reputable brokerage services will always have suitable regulatory stamps, approvals, and other verifiable documents and pieces of evidence to indicate their compliance with proper regulations and laws. Make sure you start your financial trading with a highly regulated Broker.

Reputation & Years in Business

Simply, the longer the period the financial broker has been in service is the better for you since that pass the test of time that guaranty you of their service, and support. The reputation is a key feature to consider when picking your trading bridge, I mean your Broker.

You already know by this time that there is no perfect or so-called best Trading Broker. We do suggest you go through online-research as per our guideline about your possible broker.

Remember, when positive reviews outweigh negative reviews, the broker is the right fit and you can proceed to trade & trust your money security with them.

Headquarters Location:

This Forex broker review also suggests that you find out where the broker is located. Usually, there should be an address at the bottom of the home page or the Contact Us page of the broker’s official website. Besides, the location of a particular broker can give you an idea of the level of regulation it gets. While some countries have strict regulatory compliance, others are just on paper.

Therefore it is advisable to choose a broker within reputed country monitor by a reputed regulator to avoid unnecessary frustrations.

Trading Software and Platforms

In order to execute your trades, you must have a trading terminal connected with a broker’s server. While many platforms exist in the industry, by far the most common is Meta-trader 4 or MT4 in short. This trading terminal is used by over 85% of brokers, and dozens of reviews on the product exist that detail its functionality and flexibility. There are lots of free and paid indicators, scripts & Expert Advisor is found in the Industry for MT4 terminal.

However, it is far from the only solution, and you may find other options to be better suited to your needs. There are some other terminals like cTrader, NinjaTrader, among other.

Some brokerage firms may release proprietary software designed to function with their service, and this software often ends up performing better than anything else for that specific broker.

Mobile Terminal:

You should also have a strong mobile terminal to allow for advanced trading and management when not at home or near a computer. A smart investor has access to trading software on every piece of tech he or she owns, to allow for fast and reactionary trading as situations change throughout the day.

Web Trader:

Nowadays, The web trader is becoming more popular among the traders. The platform connects to the server through the web-browser.

There are some brokers that have their own proprietary trading platforms where you can actually carry out your trading activities

Leverage

Leverage entails the loan that a broker gives to the investor. Forex Broker offers leverage from 1:1 to 1:3000 nowadays. Whilst leverage enables traders to magnify their profits on successful trades, it also magnifies losses on unsuccessful trades; meaning that it is possible to sustain significant losses, perhaps even the entire sum of your invested capital

As such, we urge all clients to adopt a prudent risk management strategy in accordance with their investment goals and level of trading experience.

Deposit and Withdrawal Methods

The ease of moving funds from points A to B is a major factor to consider. It is important that you check what payment options the broker offers and decide if they are convenient for you like Neteller, Skrill, Paypal, Bitcoin, Cards (Visa/Master Card), among others.

For withdrawal, it is required to use the same payment method that you made your deposit your fund with. In case of several payment methods used the most used one will be considered as the main payment option.

Furthermore, you must be sure that the payment method is supported in your country, whether there are payment charges and how much, and how long it takes for transactions to be completed.

Spreads, Commissions, and Fees

The dealing spreads that your account uses must be competitive if you’re to record long-term success in online trading. For every currency pair, there is a bid price and an offer price. The difference between these two is what we call the spread. Some brokers charge an additional fee or commission, apart from the fact that you trade on spreads, for every transaction you carry out.

Fixed Spread:

A fixed spread doesn’t change regardless of the direction of the market. It is the spread you’re offered that you pay. It is fixed by the broker and is not changed by trading conditions or market volatility. If you like some form of stability, this might just be something to look out for.

Floating Spread:

This is also called variable spread. Its value is determined by the changing value of ask and bid prices. This means that the spread you pay for a currency pair is not static. Each spread is dependent on supply, demand and the amount of total Forex traded.

Commission Fee:

This is the fee charged by the brokerage firm for trading transactions conducted on your behalf. The commission fee can either be a fixed fee regardless of the size of the transaction, or a relative fee that is determined by the size of the transaction. That is, while a fixed fee may be put at $1 dollar whether you’re trading $100 or $10,000, a relative fee means that you pay higher when your transaction is large.

You should look out for a broker that is transparent with this process and does not charge hidden fees.

Types of Accounts Offered

Basically, your tolerance for risk and invest amount would determine the type of Forex account you operate. There are three main types and each of them has its peculiar advantages and disadvantages. It is important that you look out for what accounts your potential broker offers and if they suit your trading preference.

Micro:

This is, perhaps, the most suitable account for beginners. You would only require 1,000 units of the base currency to make up a Forex micro lot. Here, you can also take advantage of leverage to increase your potential returns.

This account allows you to trade in smaller lots. For most brokerage accounts, the sum is $10,000, just 10% of what the standard lot costs. Many brokers also offer such accounts especially because they want to provide a room for new traders who may be skeptical about trading full lots because of the intensive capital involved. You should know that because the risk is low, you will also yield low profit, $1 on every positive PIP movement.

Standard:

This is very common in Forex trading. It allows you to trade in excess of $100,000 per lot, using the standard lots of currency. But of course, you know you do not have to provide all of the $100,000. The principles of leverage and margin apply here, where a 50:1 leverage allows you to pay just 2% of the total trade as a deposit. A broker would normally offer more services to you if you have this account, but you should know that it is capital intensive.

Margin Requirements

I often tell people that transparency is key. You need to be told in clear terms what you’re getting into. I have already to you about margin and how a broker would need it to take care of potential losses. The requirement, however, varies from broker to broker. You need to know how much each broker requires, and what policies and guidelines they operate by to determine if you can cope with them.

Information & Resources:

Remember that Forex Traded in an international market, so you should be looking for international economic news. There are lots of global issues that affect the Market. Look out the informational facilities provided by your Broker this might includes Free Signals, Daily Market analysis, seminar, webinar and other trading resources.

Forex Bonuses, Promotions & Contests

We love the free stuff and gifts – Thus, Some of Forex Broker offers attractive bonuses, gifts, contest and freebies for their new & existing clients. Note, watch out the broker’s activity with our above guideline before going through the bonus.

No Deposit Bonus

A Free-Credit that offers to the new clients to start their trading without any invest thus no risk as well. It is a great way to test the broker’s platform and services. The bonus amount offers up to $100 USD, while some of the brokers allow withdrawing profits assets the terms of the promotion.

Deposit Bonus

A Bonus provides on client’s funding. Usually, the bonus offers in the percentage of the trader’s deposit amount.

Contest

Forex contest is a trading competition held among the traders with the equal conditions for all participant. The winners receive cash/tradable money and gifts as the prizes of the promotion.

Conclusion

This Forex brokers review has provided you with a comprehensive list of factors that will help you determine who the right broker is to transform your investments into super returns. We all know that Forex trading is a risk, but getting the right broker can help reduce that risk.

CFD Brokers

CFDs (Contracts for Difference) are investors’ gateway to stocks, commodities, bons and much more. But it all begins with choosing the best CFD. Fortunately Investing.com has thoroughly examined the top CDF brokers and done all the comparing for you!

  • Regulated ECN broker with no dealing desk
  • Leverage up 1:500 with spreads starting as low as 0.1 pips
  • Fast execution in less than 2 milliseconds
  • Market Scanner tool helps filter instruments according to user-defined parameters
  • Trading Central plugin for MT4 and MT5
  • Videos, e-books, and interactive educational courses
  • Low minimum deposits to start trading forex and CFDs on the Standard Account
  • An industry-best variety of plugins for the Trading Station and MT4 platforms
  • Active Trader account offers advanced API connectivity, superior trading conditions and more
  • Pick from 19 trading platforms and access to 5 asset classes including cryptocurrencies
  • Copy experienced traders’ strategies with Share4you service
  • MarketPlace execution technology ensures traders access best available pricing
  • Commission-free trading with rapid execution and spreads starting from 0.1 pips
  • Trade 24/7 in cryptocurrency markets
  • Two-factor account authentication for added security
  • Many platform types including Autochartist enables members to avail of more market opportunities
  • Swiss accounts get the benefit of funds held in Swiss Tier 1 bank accounts with an IBAN for seamless international trading
  • Zero-commission and from 0.0 spreads accounts options are cost-effective for trading

AxiTrader is trusted market-maker focused on delivering sought-after tools and relevant products for traders worldwide. Known for its transparent pricing, AxiTrader features affordable spreads and excellent service.

  • Lowest starting spreads for all account types
  • Strict compliance with regulations in the UK, Australia, and Dubai
  • Simple, yet reliable trading on MT4 platform
  • Many supported payment methods for easy deposit and withdrawal
  • Legacy Academy hosts over 80 trading videos, live market news, and analysis
  • Multiple trading platform options including MT5
  • Proprietary trading platform designed for traders of all levels
  • Over 400 instruments from markets all over the world
  • Spreads from 0.7 pips on EURUSD. No commission and minimal swap/rollover fees
  • Intuitive, responsive platform compatible across operations systems
  • Leverage available for large array of tradable assets
  • Multiple avenues for reaching customer support
  • Personalized strategies and Trading Central signal services
  • News and professional analysis directly integrated with trading platform
  • On-demand educatonal videos and e-books along with professional webinars
  • – Easy account setup and low minimum opening balance
  • – Scalping, hedging, and EAs are all permitted strategies
  • – Shariah-compliant options available for all account types

Exness Group is an innovative CFD and Forex brokerage that specializes in customized trading conditions, including instant fund withdrawal and unique leveraging rates.

  • Tight spreads and low minimum balances reduce financial commitment
  • Variety of account types including Classic, Mini, ECN, and Islamic
  • Highly regulated and compliant with regulators including FCA, CySEC, others
  • Spreads Start as Low as 0.0 pips
  • Non-Dealing Desk Trade Execution with No Requotes
  • All Trading Strategies Welcome Including Scalping and Algorithms
  • Low minimum initial deposit of $1
  • Unused account funds earn annual interest of up to 7%
  • Portfolio Quoting Method allows users to create their own synthetic instruments and portfolios
  • Dependable, SVGFSA regulated broker
  • Ability to withdraw USD as physical gold bullion in select regions
  • Spreads as low as zero and zero commission account option
  • Impressive variety of over 200+ tradeable assets
  • Fast STP execution and tight variable spreads
  • No commissions or trading fees
  • Commission-free and swap-free trading accounts
  • Choice between fixed and variable spreads
  • High leverage up to 2000:1
  • Advanced mobile trading app
  • Expert analysts provide top market analysis
  • Negative balance protection available
  • Commission-free trading
  • Affordable starting spreads
  • FSCA-regulated and compliant
  • Reliable, FSA regulated broker
  • Access to multiple markets for all accounts
  • No commissions on trades
  • Highly intuitive mobile application
  • Negative balance protection for accounts
  • Regulated and licensed services provider
  • Same variable starting spreads across all account types
  • Negative balance protection available in all accounts
  • No re-quotes or order rejection
  • Low minimum deposit of 100 EUR lowers makes the platform very accessible
  • Simple yet powerful browser-based platform is easy to use and contains a rich toolset
  • Zero spreads on all accounts and instrument types

XM Group is an award-winning Forex and CFD Broker. Available in more than 20 languages, XM Group offers cutting-edge features and trades in under a second.

  • Wide variety of assets
  • High leverage
  • Live chat and other accessible support in 30 languages
  • Ultra-low spreads and affordable commissions
  • Excellent liquidity and rapid execution
  • Feature rich value-added tools like Autochartist and trading alerts
  • High leverage up to 1:3000 (for non-EU customers only) suits higher-risk traders well
  • Superfast trade execution within 0.40 seconds for 95% of trades
  • Low spreads and commissions (from 0 pips) on most accounts

FxPro’s blend of features, range of available assets, and long-standing track record of success make it a award-winning destination for traders. Thanks to its speed, security, and reliability, FxPro has attracted over 1.3 million clients from more than 170 countries.

  • Many types of tradable instruments
  • High level of security and trust
  • cTrader enables advanced algorithmic trading

Alvexo’s multichannel support and educational resources make it a popular choice for novice Forex traders, while skilled traders appreciate its advanced trading terms.

  • Multiple trading platforms
  • Extensive educational resources for both beginner and advanced traders
  • Benefit from daily market analysis and trading signals

Umarkets is an online platform offering CFD, Forex, and more trading opportunities. Cryptocurrency traders value the firm’s autochart function and financial consultants.

  • Asset classes include indices, shares, commodities, forex, and cryptocurrencies
  • Autochartist program identifies advantageous market patterns
  • Mini account with access to online chat is beginner-friendly
  • Interactive trading courses to familiarize investors with platform tools
  • Many trading platform including mobile, Sirix WebTrader, Sirix Station, and Activ8
  • UBCFX VIP credit card allows you to flexibly use or withdraw account funds and profits
  • ADL algorithm deployment method for algo-traders
  • 3 high-performance TT trading platforms including mobile, web, and desktop
  • Trade crypto CFDs and actual cryptos with Coinbase Prime support

Just2Trade uses a free demo to acclimatize new traders to online Forex investing. Cryptocurrency traders enjoy the platform’s easy-to-navigate interface and alert system.

  • Pick from multiple advanced platforms to trade equities, futures, and options
  • Benefit from direct market access, dark pool liquidity, and smart order routing
  • SIPC covers up to $500,000 worth of client funds

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
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