• December 27, 2022
• BrokerIdeas
• News & Blog

2023 Forex Brokers: Top Online Trading Platforms

Looking for the best forex trading platforms on the web? You’ve come to the right place! In this guide, we’ll take a look at 2023 online brokers.

 

1. eToro

In a world where online trading is more popular than ever, there are tons of options for you to choose from. But how do you make sure you’re choosing the best?

We’ve got you covered. Here are our top picks for the best forex brokers in 2023:

eToro: This platform is one of our favorites because it offers a ton of benefits that can help you get started with your trading journey. The company offers both traditional and futures trading options, along with cryptocurrency trading and CFD contracts. It also has a wide range of assets available for trade, including stocks, commodities, cryptocurrencies and financial indices. One thing we love about eToro is that it has plenty of tools available for beginner traders who want to learn more about forex before diving in headfirst. In addition to being able to analyze market data using the platform’s technical analysis tools or watch live streams of experts giving advice on how best to trade currencies, there’s also a community aspect where users can connect with each other via chat rooms or forums where they can share ideas and tips on how best to profit from their trades

 

2. IG

IG is a UK-based trading platform that’s been around since the early 2000s. It’s one of the most trusted names in forex and CFDs trading, with over 1 million clients worldwide.

IG offers a wide range of products, including stocks, commodities, indices, and currencies. It also has a wealth of educational resources for traders who are just starting out or looking to expand their knowledge.

 

3. AVA Trade

AVA Trade is a global forex broker that offers clients the chance to trade currency pairs and commodities without having to deal with high spreads, low leverage and restrictive trading conditions. AVA Trade provides access to over 150 assets which include more than 8,000 trading instruments.

AVA Trade boasts its own technology platform, which is designed to enable traders to make trades from around the world. The platform has been designed with simplicity in mind, so that it can be used by those who are new to forex trading as well as experienced traders.

 

4. FXCM – Trading Station

FXCM is a global forex and CFD broker that provides access to the global financial markets. The company was founded in 1999 and is regulated by the Financial Conduct Authority (FCA), a UK regulator. It is headquartered in New York City, with offices in London, Sydney, Tokyo, and São Paulo.

In addition to its retail Forex products, including its award-winning trading platform, FXCM also offers institutional clients access to its electronic market-making platform via its electronic execution services (EES) business line.

 

5. Dukascopy

Dukascopy is a Swiss-based Forex broker that offers a wide range of services and products to its customers. The company has been in operation since 1997 and has over 100 employees. It is regulated by the Swiss Financial Market Supervisory Authority (FINMA).

The company offers an online trading platform that allows users to trade currencies and commodities. They also offer mobile apps for iOS and Android devices as well as desktop applications for Windows and MacOS systems.

The platform has a number of features, including:

*Free demo account with $10,000 balance

*Advanced market analytics tools that include technical analysis indicators and charting tools

*Real-time streaming quotes for all currency pairs available on the Dukascopy platform

 

6. Swissquote

Swissquote is a Swiss online broker that was founded in 1996. It’s one of the leading online trading platforms in Switzerland and has been named one of the best online trading platforms for forex by many publications, including Bloomberg.

Swissquote offers a range of services, including stocks, options, bonds, futures and forex trading. The company offers low-cost trading fees and advanced trading tools to help traders make informed decisions about their investments.

 

7. Oanda

Oanda is a trading platform that’s been around since 1992, and it’s still going strong. The company has become well-known for its transparency, and they’ve earned a reputation as one of the best forex brokers on the market.

Oanda offers a wide range of products including CFDs, FX futures and options. They have a diverse selection of assets including currencies, commodities and stocks. Their trading platform is easy to use, with a clean interface that is simple to navigate. The broker offers 24/5 customer support via phone, email or live chat.

 

8. FXPro

FXPro is an online trading platform that provides forex, crypto and CFD trading. The company is based in London, UK, and was founded in 2011 by Peter Dokhiyev.

FXPro has a range of features for its clients including real-time market data and charts, news feeds and alerts, technical analysis tools and financial reports. The company also provides education content to help clients learn more about the financial markets.

Clients can access their accounts through a web-based platform or mobile app available on iOS and Android devices. FXPro offers 24/5 customer support via live chat, email or telephone calls.

 

9. Pepperstone

Pepperstone is a Forex broker that specializes in providing traders with access to the global financial markets. The company offers a wide range of services, including online trading tools and platforms.

The platform is designed for both beginner and advanced traders, with features such as market analysis, social trading, and mobile apps. Pepperstone also offers a host of educational resources for those who want to learn more about the specific intricacies of Forex trading.

 

10. XTB

XTB is a top online trading platform for forex and CFD traders. The XTB platform offers a high-quality service, with fast execution and high liquidity. What’s more, it comes with low fees and great customer support.

XTB was founded in 1999 as an international brokerage firm that not only provides financial services to its clients but also helps them to manage their investments effectively. The company is headquartered in Poland, but it also has offices in Spain and Thailand.

The company’s main focus is on providing professional services to its clients through its technological platforms. These platforms include:

– Mobile apps for iOS and Android devices

– Web-based trading platform

– Desktop application for Windows users

 

Trading is easy when you have the right broker to help you get started.

If you’re serious about trading currencies, there are a lot of factors to consider before picking a broker. Fortunately, we’ve done the hard work for you by reviewing many of the top options in the industry. Check out our list of 2023 top forex brokers to learn about the different kinds of platforms available and the pros and cons for each. Armed with that information, setting up your account will be a simple and straightforward process.

 

IC Markets & Tickmill

Pepperstone & Capital.com

Top FX & HFM

AMarkets & FXTM