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Broker Advantages

HY Markets is global forex broker with more than 30 years of operational experience, regulated by FCA in the UK. Trade Forex with spreads as low as 1.8 pip

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion. 

Forex.com is a large broker listed on the New York Stock Exchange. We like it not only because it’s regulated in the U.S., Japan, Australia, Canada and Hong Kong but also because it offers very good spreads and superior execution. 

XM is broker with great bonuses and promotions. Currently we are loving its 30% welcome bonus and 30% loyalty bonus on every deposit you make. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $1 and take advantage of tight fixed and variable spreads, 1:1000 leverage and swap-free accounts.

ThinkForex is a broker operating out of Australia under the authority of ASIC. It offers advanced technology covered by fancy abbreviations (VPS, MT4 API, FIX/API), and social trading via the Mirror Trader and Zulutrade platforms. 

Hirose Financial UK is the European branch of the Japanese Hirose Tusyo Inc. The Hirose Group offers multiple platforms to over 120,000 clients worldwide, transacting over $100 billion of FX volume every month. The typical spread on EURUSD is 0.8 pips, GBPUSD is 0.9 pips, and USDJPY is 0.7 pips with no commissions.

FBS is a broker with cool marketing and promotions. It runs an ongoing monthly $999 forex contest, offers a $5 no-deposit bonus for anyone willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

Exness is a leading forex broker, offering MT4 and MT5 platforms. Traders can take advantage from a true ECN environment and trade on ultra tight spreads, starting from 0 pips. 

Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.

 

Latest Forex News

Trading Central to provide live forex signals on Tradable platform

Jul 28 2014 10:21:11, Stanimir Zhelev in Signals

Trading Central, a registered investment adviser, providing technical analysis to the clients of over 100 leading global financial institutions in 30 countries, has developed an app to deliver live trading signals directly in  Tradable.   The revolutionary trading platform is operating as an app-store. It provides its user with access to over 150 third-party apps, including trading robots, copy trading, education, market data, charts etc. All you need to give Tradable a try is a free demo account with a broker from this list. Read more

Forex4You shuts down its Liga Forex copy trading network

Jul 25 2014 12:18:37, Stanimir Zhelev in Signals

On September 13, 2013 E-Global Trade & Finance Group, the company behind Forex4You brand, introduced Liga Forex - its very own social trading network, allowing its clients to copy successful traders. Looks like that the network turned out to be a big disappointment, since today it was officially shut down and all registered users received the following email: LigaForex is closing   Dear clients, We regret to inform you that due to internal policies of the company, it has been decided to shut Liga Forex down. You have time till 31st July 2014 23:59 GMT to close any open orders that you may have. If you don't, we will manually close your orders at the last market price. Read more

FxPro launches Forex Tools as Android app and Chrome extension

Jul 24 2014 10:33:54, Stanimir Zhelev in Brokers

FxPro, a European forex broker regulated in Cyprus and United Kingdom, announced 10 key updates, targeted at enhancing the overall user experience. The brand new FxPro Tools app for Android and Chrome browser extension are the most interesting among them.    Both FxPro Android app and Chrome extension feature:   - Economic calendar that provides you with all the economic indicators that are due to be released, as well as information regarding how impactful they are and how they are likely to affect the currencies you trade. - Real-time forex quotes with powerful filters and widgets. Read more

Forex Scam: FCA Commences a Criminal Prosecution of Currencytrader

Jul 24 2014 08:48:37, Stanimir Zhelev in Market

Phillip Harold Boakes, a 54 year old owner of Currencytrader Limited, has operated an unauthorised investment scheme in UK for 9 years before get caught . On his site currency-trader.co.uk he is still promising to make money for his clients, fading breakouts just like the big market-makers do. Read more

OANDA Releases Revolutionary fxTrade Mobile 4.0 Trading App for iPad

Jul 23 2014 13:54:33, Stanimir Zhelev in Brokers

Beginning with new, industry-first features to its proprietary application for the Apple iPad, OANDA is moving away from a “one-size-fits-all” approach to mobile trading. Today, more than 50% of OANDA’s clients log-in to their accounts daily via fxTrade Mobile app, which accounts for almost 20% of total trading volume.     LONDON – July 23, 2014 – OANDA, a global provider of innovative forex and CFD trading services, is pleased to announce the first phase of its next-generation fxTrade Mobile trading application. Read more

FXTM Forex Demo Contest With $5600 Prize Fund Ends Next Week

Jul 22 2014 13:24:43, Stanimir Zhelev in Brokers

Don’t miss out on the chance to test your skills and win a grand cash prize of $3,000 in a live trading account in the Forex Trading Cup demo contest.* This exciting challenge is being run by international forex broker Forex Time (FXTM) and, with the contest closing on Friday 1st August, only a short time remains for forex traders to be in with the chance to win.   Practicing on a demo account is the perfect way for all traders, regardless of their experience, to refine their skills and trading strategies under real market conditions. Read more

IG Reports Another Record Year, Obtains a Swiss Licence

Jul 22 2014 10:11:40, Stanimir Zhelev in Brokers

IG, a global leader in online trading, providing traders with access to over 10,000 financial markets - including shares, indices, forex, commodities and binaries, today announced its results for the financial year ended 31 May 2014.   Main highlights of the results included:     - Good full year results despite a subdued backdrop at the end of the year   - Net trading revenue1,2 up 2.4% at £370.4 million   - Profit before tax1 up 1.3% to £194.7 million   - Diluted EPS1 up 3.6% at 40.18p   - £160.6 million of own funds generated from operations   - Final dividend recommended of 22. Read more

WSM Invest Acquires Gallant Capital Markets

Jul 18 2014 12:20:57, Stanimir Zhelev in Brokers

Gallant Capital Markets, the British Virgin Islands (BVI) regulated forex broker, operating gcmfx.com, is going to merge with WSM Invest Ltd., reported Forexmagnates.com. The deal is valued between $10.5 and 14.5 million (final price depending on the company performance over the following years) is pending regulatory approval.    Gallant Capital Markets became one of the first forex brokers, regulated by BVI's Financial Services Commission back in 2011.  It offers a STP/DMA execution through MT4 server, hosted at Equinix NY4 Data Center in New York and a proprietary copy trading solution, providing traders with access to 20 of the best forex signal providers on ZipSignals. Read more

Forex Scam: FCA UK Warns of BPEFX

Jul 17 2014 10:19:22, Stanimir Zhelev in Market

Financial Conduct Authority (FCA) has issued a warning about BPEFX, another clone of UK regulated firm. The UK watchdog believes that the forex broker has been providing financial services or products in the UK without its authorization. Here is what BPEFX states on its website, which obviously targets Chinese market:   "Welcome To Craig McQuade BPE,Craig McQuade BPE (BPE) is Britain's leading financial products trading service providers. Read more

5 Forex Brokers Accepting US Clients and Offering Hedging and High Leverage

Jul 16 2014 15:49:56, Stanimir Zhelev in Market

Like most of you know,  four years ago the Dodd–Frank Act limited the leverage offered by US forex brokers to 1:50, prohibited hedging and imposed the first-in-first-out (FIFO) rule. What's more, foreign forex brokers was prohibited from accepting US clients.    Fortunately a handful of foreign forex brokers still accept US traders and offer them the opportunity to open a fully-functional trading account with hedging, high leverage and no FIFO restrictions. Below is a short list:   Forex Broker Inc   Country: Belize Website: www.forexbrokerinc.com Minimum deposit: $5 Maximum leverage: 1:500     FX Choice   Country: Belize Website: www.myfxchoice. Read more