INSTA FOREX DETAILED REVIEW

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    InstForex Review

    InstaForex is a regulated and award-winning broker that has been around for a long time. I remember them being one of the most prominent forex brokers back when I first started trading online many years ago. It is testament to the quality of their services that they are still one of the best trading brokers today, expanding beyond forex into other popular markets such as stocks. They offer you a great range of more than 300+ financial instruments for trading on user-friendly platforms, along with powerful trading tools and educational materials for beginners to get up to speed. You can choose from a good variety of account types and convenient funding options, including digital wallets. For those of you who do not have the time or knowledge to trade by yourself, you may enjoy the access to copy trading solutions that they offer. The minimum deposit to open an account is just $1 but they also have free demo accounts if you just want to get a feel for trading without making a commitment. This is all backed by multilingual customer service who are on hand to help as and when needed.

    The official website of the Forex Broker InstaForex

    ➔ Open your free trading account with InstaForex now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Pros & Cons
    Pros:
    • Decent selection of 300+ instruments
    • Intuitive trading platforms
    • Great choice of account funding options
    • Commission free accounts
    • Free VPS for those who qualify
    • Lots of educational materials for beginners
    • Good range of additional trading tools
    • Pattern graphix price action analysis tool
    • ForexCopy system for trading signals
    • PAMM system for account managers and investors
    • Practice accounts to try them out risk-free
    • Islamic swap-free accounts for Muslim traders
    • Low minimum $1 deposit
    • Excellent customer service
    Cons:
    • Cannot accept clients from certain countries
    • Restricted leverage for EU clients
    • No Autochartist or Trading Central
    • Could add some more individual stock instruments

    Summary

    InstaForex is a worldwide leader in online trading services for retail and institutional investors. Founded in 2007, they have grown to provide industry-leading brokerage services to millions of traders from around the globe.

    InstaForex offers you access to over 300+ trading instruments in multiple markets including Forex, Commodities, Stocks, Shares, Indices, Metals and CFDs. You can trade online through modern and powerful trading platforms with good execution speeds and competitive trading costs. There are 9 servers for uninterrupted distribution of your orders. Account types are flexible which is great for supporting different strategies whilst I was impressed with the good variety of funding options.

    Company

    InstaForex is one of the most popular brokers in the world. Their PAMM accounts have over 10,000,000 invested and they have 100,000+ traders subscribe to their ForexCopy signals. They also have a club with over 100,000 members and there are 1,000 new client accounts opened on a daily basis. They sponsor sports stars and teams whilst they frequently run contests and campaigns for clients. There is an in-house team of 30 expert analysis with an impressive 260 regional offices worldwide housing 200 professionals working in the main offices and global support in 30 languages. Great focus is put towards clients, aiming to provide the same high standards of service to all levels of traders.

    Technology

    InstaForex is a global online foreign exchange (forex) broker with its headquarters based in Belize City. The broker has established partnerships with technology companies to provide innovative and effective trading solutions and applications to traders. This includes specialised software and payment systems, as well as providers of real time market quotes. They are constantly looking to implement the latest innovative technologies to further improve their services. Liquidity is provided by top tier banks such as J.P. Morgan, UBS, Barclays, HSBC, Morgan Stanley & Citibank. In terms of liquidity I would put them alongside the likes of IC Markets, who also have a large liquidity pool for superior pricing.

     

    ➔ Open your free trading account with InstaForex now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Regulation

    InstaForex is a large and well-established broker with an impressive global presence. The InstaForex group of related companies are registered and regulated in multiple offshore jurisdictions around the world, including in Belize, Cyprus, Moldova, Seychelles and Vanuatu.

    Regulated brokers must adhere to the highest standards of quality, working in accordance with the international laws and local standards of particular countries. Regulation helps to give potential clients peace of mind that they are using a trusted and reliable online broker.

    I think this regulation is satisfactory and wouldn’t have any issue trusting the broker and using them for my trading activities. If you are looking for a broker with some more top-tier regulators, Plus500 are one of the most well-regulated brokers you can find anywhere.

    • Instant Trading Ltd is licensed by the British Virgin Islands Financial Services Commission (BVI FSC)
    • Insta Service Ltd is registered with the St. Vincent and the Grenadines Financial Services Authority (SVGFSA)
    • Instant Trading EU Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC)

    ESMA

    If you open an account with the EU brand, there are some restrictions, including limited leverage of 1:30. This is due to the European Securities and Markets Authority (ESMA) who are a financial regulatory agency and European Supervisory Authority. The markets in financial instruments directive (MiFID) is a regulation that increases the transparency across the European Union’s financial markets and standardizes the regulatory disclosures required for particular markets.

    Countries

    InstaForex is a broker that accepts clients across the world, with the exception of the United States and some third-world countries due to strict regulations. If your country is not accepted, you can always take a look at our broker ratings for another option.

    ➔ Open your free trading account with InstaForex now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Platforms

    InstaForex offers a range of excellent platforms for you to choose from, depending on your own unique needs and trading objectives. You can use the powerful and widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

    MetaTrader is freely available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). The mobile platforms are useful for those who need to trade whilst on the go. InstaForex also offer their very own web trading platform – WebIFX.

    I am a huge fan of the MetaTrader desktop platforms as I find them to be very user-friendly. I have used them for many years and never felt the need to switch platforms. They allow me to do everything I need to including detailed chart analysis, automated trading and managing trades, all with relative ease. I like the MT4 desktop platform for running my automated strategies (expert advisors) whilst the trading apps are perfect for me to keep track of my positions at any time. One of the advantages of the web trader platform is that it can run directly in your web browser without you needing to download or install any additional software

    MetaTrader 4 (MT4) Platform

    MT4 is a very popular trading platform for forex traders, and it’s offered by most trading brokers. It was developed by MetaQuotes and is known for its ease of use and built-in tools. I feel that MT4 is simple enough to use for beginners while having enough advanced functionality to meet the demands of more experienced traders.

     

     

    MetaTrader 4 (MT4) Platforms

    MetaTrader 4 (MT4) Platforms

     

    The MT4 platform is designed to make it easy to trade on the financial markets. It displays charts of all available trading instruments with real-time bid/ask price quotes. Charts can be loaded on 9 different timeframes from 1 minute to monthly. There are a variety of technical indicators for conducting detailed chart analysis. You can choose from multiple order/execution types and keep up to date with the latest market news.

    You can even create your own automated trading system or custom indicator in the MetaQuotes programming language (MQL) by using the built-in MetaEditor. There are a huge variety of custom indicators and EAs available to download online, including from the MQL online community.

     

     

    MetaTrader 4 (MT4) Features

    MetaTrader 4 (MT4) Features

    ➔ Open your free trading account with InstaForex now

    (Risk warning: 75.59% of retail CFD accounts lose)

     

    InstaForex have a few extra add-ons for the MT4 platform including magic button and one click trading. The magic button simplifies the process of placing, managing and closing orders. One click trading increases efficiency and allows you to choose the same settings for every position. You can use the platform on all of your device as it is freely available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).

    InstaForex also offer a demo account which is great for beginners who want to try out different strategies without risking their own money.

     

     

    MetaTrader 4 (MT4) App

    MetaTrader 4 (MT4) App

     

    MetaTrader 5 (MT5) Platform

    Introducing MT5, the next generation of MetaTrader 4.

    MT5 is a more advanced version of MT4 with some additional features that make it perfect for traders who want to trade more instruments and conduct more detailed chart analysis.

    It offers 21 timeframes compared to MT4’s 9 timeframes, and has depth of market level II pricing showing volumes and different bid/ask prices. In addition, it offers 80+ technical indicators compared to MT4’s 50+.

    You can also trade more order types compared to MT4 and back test multi-currency automated strategies using the strategy tester.

    Just like its predecessor MT4, the MT5 platform is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).

     

     

    MetaTrader 5 (MT5) Platform

    MetaTrader 5 (MT5) Platform

     

    I personally love the MT4 platform. It’s the first platform I started trading on, and it’s still my go-to. It’s been in use for years by forex traders around the world, and it has a lot of great features that can make your life easier.

    In addition to being easy to use, the MT4 platform is also very customizable. You can add any number of add-ons and even create your own.

    I would say that if you are looking for something more geared toward stock trading, then you might want to consider using the MT5 platform instead.

     

    WebIFX

    InstaForex’s web-based platform, WebIFX, is unique to the company. The main advantage of this platform is that you don’t need to download or install any additional software in order to use it. You can trade through most browsers from anywhere in the world with an internet connection. WebIFX maintains the same functions as a traditional desktop trading platform with the ability to open/manage/close positions and conduct chart analysis.

    I found it to have a nice modern interface although I the functionality was lacking when compared to the MetaTrader platforms. None the less, it will do the job if you are just looking to follow market prices and manage your trades with minimal fuss.

     

     

    InstaForex WebIFX Platform

    InstaForex WebIFX Platform

    ➔ Open your free trading account with InstaForex now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Tools

    The InstaForex broker has a variety of trading tools that can be used to improve your trading strategies. The tool that I like the most is the fact that you can copy other traders and learn from their experience and mistakes. However, I think they could improve by adding some market analysis software such as Autochartist or Trading Central just like Forex.com. That being said, they do have their own inhouse team of analysts who provide up to date market insights which can help to inspire trade ideas.

    ForexCopy System

    The ForexCopy system enables you to copy the trading signals of other traders or provide signals for other traders to copy. There are thousands of traders to choose from with over 20+ criteria to filter for those who match your trading goals. Once you have identified a potential signal provider, you can subscribe to automatically have their trades copied to your account. You can subscribe to multiple signals if you wish and can cancel a position or signal subscription at any time. It must be emphasized that past performance does not guarantee future results.

     

     

    InstaForex Copy System

    InstaForex Copy System

    PAMM System

    If you manage money for other people, or if you’re an investor who wants to put your money into a managed account, the PAMM system is for you.

    The PAMM system is a way for investors to invest any amount into a managed account. The money manager charges a success fee and investors can benefit if the account makes profit.

    InstaForex provides a PAMM monitoring tool where you can check statistics over a period of time and filter by a range of parameters to only display the accounts relevant to you. If you are looking for a PAMM solution, you might want to also consider FXGiants as an alternative. As with all managed accounts and copy trading, past performance is by no means any guarantee for future performance.

     

     

    InstaForex PAMM Monitoring

    InstaForex PAMM Monitoring

    ➔ Open your free trading account with InstaForex now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Pattern Graphix

    The innovative Pattern Graphix plug-in for MT4 is a free tool available to all InstaForex clients. This can be used to find potential trading opportunities or to assist with the management of open positions. It can be set to send you instant sound and visual notifications once a pattern is found or there have been some changes. Notifications can be received within the platform, via email or mobile.

    The Pattern Graphix plug-in displays graphical patterns on trading charts. Patterns include continuation patterns, reversal patterns, channels and lines. There are some useful tutorial videos on the website that explains how to use this tool. I think this is a good tool for getting alerted to potential trading signals without needing to stare at the charts all day long. It can also help educate beginner traders on how to spot various chart formations.

     

     

    InstaForex Pattern Graphix

    InstaForex Pattern Graphix

    Virtual Private Server (VPS)

    InstaForex is a broker that offers virtual private servers (VPS) for their clients. A VPS is a computer that you can run your trading platform on 24/7 without needing to keep your own computer switched on and connected to the internet. This can be useful for those who have a poor internet connection at home or need to run an automated trading system all of the time. You can order a VPS from inside the client cabinet. There is a range to choose from with differing specifications (RAM, processor, disk space, cores, etc). The servers are located in Saint Petersburg, Russia. The more you have in your account with InstaForex, the less the VPS will cost. If you maintain a balance over $5,000 then you can apply for a free VPS. You can also get a free VPS from some other brokers including Axi.

    ➔ Open your free trading account with InstaForex now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Trading Calculator

    In today’s fast-paced, digital world, we are all looking for ways to make our lives easier. The online trading calculator is a great tool that allows you to easily and quickly calculate the value of a pip and margin required for a chosen currency pair.

    I found it basic and prefer to confirm everything with my own calculations. I do see how it can benefit some traders who need to perform calculations as quick as possible and want to try and avoid the potential of human error.

    Economic Calendar

    The economic calendar is a tool that I find incredibly useful. It helps me stay on top of the latest market news releases, which helps me make better trading decisions. You can choose to display news by dates, country and importance. News importance is shown along with the previous reading, forecast and actual reading. You can subscribe to SMS alerts for specific news events relevant to you. This is useful as part of a fundamental analysis and a vital tool that I always check before making decisions on my trades. If you want more convenient access, the MT5 also has a built-in MT5 calendar which can save you switching between tabs all of the time.

    InstaForex Toolbar

    InstaForex is the only broker that provides its users with an official InstaForex toolbar. The add-on gives point-and-click access to the various sections of the official website, company’s news RSS feed, real time market quotes and social networking pages. The add-on is supported by most modern web browsers. I must say that this is something very unique which I am yet to see any other broker provide. I think it goes to show how this broker is always trying to be innovative and lead the way for others to follow.

    Education

    InstaForex is one of the best brokers in the industry because they provide an immense amount of educational content to help traders learn how to trade. I was extremely impressed with the very vast array of detailed educational materials available to traders ranging from trading courses, tutorial videos and daily market analysis. I would say they are one of my top choices of broker for when it comes to educating traders. If you are a beginner, then I would certainly give them consideration along with other brokers who have plenty of content such as FXTM.

    ➔ Open your free trading account with InstaForex now

    (Risk warning: 75.59% of retail CFD accounts lose)

    InstaForex TV News

    The InstaForex TV provides you with the most up-to-date information on the global financial markets. It is updated daily and has a very good variety of news, analytical materials and interviews. The videos cover latest events, trends and many other aspects of trading.

    InstaForex TV is managed by a large staff of analysts, camera operators, news casters, film editors and other specialists. The videos are freely available and can be useful to all levels of traders, helping you to stay up to date with latest market news and the impact it could have on various trading instruments.

    Market Analysis

    We’re so excited to announce our newest addition to the InstaForex BROKER family: an in-house team of 30 experts who analyse the markets on a daily basis, providing very detailed reports including write-ups with annotated charts. Reading through some of them was really impressive—the analysts are so accurate and professional! It was even inspiring enough for me to look for some trading opportunities based on the analysis provided.

    Training Course

    The InstaForex training course is designed for those who are new to trading and requires a minimum deposit of $100. The course contains detailed information on a wide range of topics such as technical and fundamental analysis, trading platforms, trading psychology, money management, trading strategies and more.

    Training Videos

    If you’re looking to expand your trading knowledge, InstaForex has a selection of training videos that cover most of the key aspects of trading. These tutorial videos can be very useful to help improve your knowledge and skills with a range of topics covered including markets, platforms and analysis.

     

     

    InstaForex Training Videos

    InstaForex Training Videos

    Educational App

    You can be a trader anywhere, anytime with InstaForex.

    With our mobile app, you can learn about trading, learn about the markets and get to know what it’s all about before actually trading. The app is available for download on both Android and iOS platforms. This is a nice touch and something not many brokers do. We are always with our mobile phones nowadays so it’s handy to have an app that you can use to educate yourself in your own time.

    Trading Glossary

    We’re so glad you’ve decided to join us!

    Let’s get started with the glossary section, which contains some trading terms and explanations that are presented alphabetically for convenient accessibility. Whilst this isn’t ground-breaking, it is nice to have everything accessible in one place.

    Frequently Asked Questions

    Welcome to the FAQ section of the website. Here you can find the answers to your most commonly asked questions.

    The FAQ contains detailed information about a variety of topics, including general account questions, platform questions, trading tool questions and more.

    ➔ Open your free trading account with InstaForex now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Markets

    At InstaForex, we believe that trading is a way to express your individuality. That’s why we offer a wide range of products and services to meet the needs of every trader.

    You can choose from an impressive 300+ trading instruments covering a range of markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs. In addition to the minor, major and exotic currency pairs, there are instruments such as gold and silver as well as CFDs on indices S&P 500, Dow Jones Industrial Average, NASDAQ Composite, FTSE 100, Euronext 100, DAX 30, Nikkei 225, Hang Seng Index, US Dollar Index and many other instruments.

    With all these options available for you to trade in any market you think will give you the best return on investment (ROI), it’s easy to see why InstaForex has been ranked #1 by traders for over 10 years in a row!

    Forex

    The forex market is traditionally the buying and selling of currencies. When trading forex instruments you are speculating in the price increase or decrease of one currency against another, e.g. EURUSD. InstaForex offer a large selection of 110+ FX currency pairs to trade. I would say they are one of the best forex brokers, along with Pepperstone.

    InstaForex has been operating since 2006 and has become one of the most recognized names in online trading industry. The broker offers a variety of products and services for both retail and institutional traders including MT4/MT5 platforms, mobile trading apps for Android and iOS devices, web based trading platform and much more. Additionally, InstaForex provides its clients with access to over-the-counter (OTC) FX options via its own internal OTC desk as well as through third party providers such as XTB Group Limited (XTB), Saxo Bank A/S (Saxo) or Interactive Brokers Financial Services LLC (IB).

    CFDs

    It’s time to get your hands on some of the world’s most coveted assets.

    InstaForex offers a wide range of CFDs including gold, silver, crude oil, gas, major stock indices such as Dow Jones and NASDAQ, etc.

    CFDs on shares are contracts for difference where the underlying assets are shares in the world’s leading companies such as Apple, Amazon, Microsoft and Google. The shares are quoted on major exchanges and over-the-counter securities markets.

    InstaForex CFD trading conditions include low margin requirements and commissions, flexible leverage up to 1:10 (1:100), fixed spreads and the ability to hold positions for an indefinite period of time.

     

    ➔ Open your free trading account with InstaForex now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Accounts

    If you’re looking for a broker that is reliable, has low spreads and great customer service, then InstaForex is the one for you.

    You can choose between three types of account: cent, standard and Eurica. Each of these accounts have different spreads and commission fees so it’s worth checking them out before making your decision. Cent accounts are best suited to scalping strategies as they have the lowest spreads. If you’re trading larger volumes of currency pairs or commodities, then I would personally recommend IG who have great facilities for institutional size traders.

    If you’re just starting out with Forex trading, then I would highly recommend using an ECN broker such as InstaForex as they have low spreads and good customer support which will help make your learning experience as enjoyable as possible!

    Insta.Standard Account

    The InstaForex BROKER account is a great choice for all types of traders, from beginners to professionals. We offer higher spreads starting at 3 pips with no commission fee charged.** The minimum deposit is just $1 for a micro account, $100 for a mini account, and $1,000 for a standard account.** Our flexible leverage of up to 1:1000 is available with a minimum lot size of 0.01 and maximum 1000 lot size.

    Insta.Eurica Account

    Welcome to the exclusive eurica account, where you can trade with zero commissions and tighter spreads starting from zero pips. There is no limit on the minimum deposit, so you can start trading right away. With flexibly leverage of up to 1:1000, you are sure to find an appropriate lot size that works for you.

    Cent.Standard Account

    Are you looking to get started in the world of trading, but don’t want to risk your hard-earned money?

    Then the InstaForex BROKER is the account for you. With a trading volume of only 0.1 US cents, this account lets you practice in a real trading environment without risking your own funds.

    We offer the same conditions as our normal standard account including higher spreads with no commission fee so that you can focus on making smart trades without worrying about the cost.

    Cent.Eurica Account

    We have prepared a special account for new traders who are just starting to learn how to trade and would like to practice in a real-time environment with the minimal trading volume possible (0.1 US cents). All other conditions are the same as eurica’s standard account including spreads starting from zero pips and a 0.03%-0.07% commission fee.

    Demo Account

    We believe that demo accounts are a must-have for any trader. They allow you to test the different trading platforms and conditions before opening a real account should you wish to do so. I would always test a broker on a demo account to begin with just to make sure they have suitable conditions for my strategies. It can also be a great way to build up your confidence without the risk if you are new to trading.

    Account Signup

    To open an account with InstaForex, you will need to complete a short online application form on the broker’s website. Following this, you will need to verify your email address and upload proof of identification (e.g. passport) and proof of address (e.g. utility bill). Once your documents have been verified by the accounts team you can fund your account and commence trading. Online support is available to help you during the registration process if need be. I found the process to be relatively straightforward and received my login details almost instantly.

    ➔ Open your free trading account with InstaForex now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Support

    InstaForex is a global broker with support in 30 languages, available 24 hours a day. They can be contacted via local telephone numbers in 9 countries, or by live chat or email. You can also reach them through popular apps such as Telegram, WhatsApp and Skype. I have always received second to none support, and wouldn’t hesitate to put them up there with the very best brokers when it comes to customer service.

    Funding

    InstaForex offers a wide range of payment options to make it easy for you to deposit and withdraw your funds. There are over 10 ways you can make these transactions, including bank transfer, credit card and online payment processors. This gives greater flexibility for the needs of each individual client. For instance, I prefer digital wallets as I find it to be the quickest way to get funds into my trading account which is important if I need to act quickly on some market news. On the other hand, those without a digital wallet may be happy to wait a few days for a bank transfer to clear whilst they experiment on a demo account.

    Some fees may be charged when using certain payment methods. Bank transfers may take a few business days to clear whilst some methods such as card payments can be instant. Some methods may only be available to specific countries. You must use the same currency and payment system for depositing and withdrawing. Accounts can be opened in USD, EUR, RUB. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. I think they could improve by adding some more base currency options considering they are a global broker.

    ➔ Open your free trading account with InstaForex now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Conclusion

    InstaForex is one of the largest online trading brokers with a vast client base stretching across the globe. They have a wide selection of over 300+ trading instruments across multiple markets for you to trade with minimal hassle. You can choose from a good variety of flexible account conditions and generous range of funding methods. I have no problem with the provided user-friendly platforms, whilst they offer plenty of trading tools for conducting in-depth market analysis and an excellent range of resources to educate beginners. Strict regulation helps to give clients peace of mind whilst the support team is very prompt and efficient. If you want to get started, signup takes just a few minutes and the minimum deposit is only $1. There is even a free demo account if you want to try them out without making a financial commitment. All in all, I think they can be a great choice for those of you want to primarily trade forex. However, if you are looking for lots of stock instruments, then you may want to consider TMGM as another option.

     

     

    IC Markets & Tickmill

    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
    1. IC Markets
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets
    2. Tickmill
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets

    Pepperstone & Capital.com

    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
    1. PEPPERSTONE
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets
    2. Capital.com
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets

    Top FX & HFM

    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
    1. TOP FX
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets
    2.HFM
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets

    AMarkets & FXTM

    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
    1. AMARKETS
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets
    2.FXTM
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets

     

    wdt_ID # Broker Website Forex Broker Year Regulation
    1 1 Open an Account FBS 2.009 IFSC, CySEC, ASIC, FSCA
    2 2 Open an Account EXNESS 2.008 CySEC, FCA
    3 3 Open an Account OCTA FX 2.008 SVG
    4 4 Open an Account INSTA FOREX 2.007 VI FSC, CySec
    5 5 Open an Account FX OPEN 2.008 CySEC, FCA
    6 6 Open an Account AXI 2.008 CySEC, FCA
    7 7 Open an Account FX PRIMUS 2.008 CySEC, FCA
    8 8 Open an Account HFM 2.010 CySEC, FSC, FSB, FCA, BaFin, DFSA
    9 9 Open an Account FXTM 2.011 CySEC, FCA, IFSC
    10 10 Open an Account JUST FOREX 2.012 IFSC
    11 11 Open an Account CAPITAL.COM 2.016 FCA, FSA, ASIC, and CySec
    12 12 Open an Account TASTY WORKS 2.017 CySEC, FCA
    13 13 Open an Account MOOMOO 2.018 FINRA & SEC, SFC, MAS, ASIC
    14 14 Open an Account AVATRADE 2.006 MiFiD, CBI, FSA, ASIC, SFB, BVI, ADGM, FSRA, CySEC
    15 15 Open an Account EASY MARKETS 2.001 CySEC, MiFID, ASIC
    16 16 Open an Account EIGHT CAP 2.009 ASIC, VFSC
    17 17 Open an Account FP MARKETS 2.007 CySEC, ASIC, FSA
    18 18 Open an Account HYCM 1.977 CySEC, FCA, MiFID, DFSA, SFC
    19 19 Open an Account ICMARKETS 2.007 CySEC, ASIC, FSA
    20 20 Open an Account IRON FX 2.010 FCA, ASIC, FSCA, CySEC
    21 21 Open an Account LITE FINANCE 2.007 CySEC
    22 22 Open an Account REVOLUT 2.015 CySEC
    23 23 Open an Account IG 1.974 ASIC, JFSA, MAS, FINMA, FCA, FMA, CFTC
    24 24 Open an Account MONETA MARKETS 2.009 ASIC, FCA
    25 25 Open an Account AMARKETS 2.007 The Financial Commission
    26 26 Open an Account PEPPERSTONE 2.010 CYSEC, BAFIN, CMA, SCB, DFSA, ASIC, FCA
    27 27 Open an Account PLUS 500 2.008 CySEC, ASIC, FMA, FSCA
    28 28 Open an Account TICKMILL 2.014 FCA UK, CySEC, FSA Seychelles
    29 29 Open an Account TMGM 2.013 ASIC, FMA
    30 30 Open an Account TOP FX 2.010 FCA
    31 31 Open an Account TRADE NATION 2.014 FCA
    32 32 Open an Account TRADE 360 2.013 CySEC
    33 33 Open an Account VANTAGE 2.009 CIMA, SIBL
    34 34 Open an Account VT MARKETS 2.015 ASIC, CIMA
    35 35 Open an Account XM 2.009 ASIC, CySEC, IFSC
    # Broker Website Forex Broker Year Regulation