BEST Forex and CFD Broker
When it comes to trading the financial markets, selecting the right Forex/CFD broker is ESSENTIAL.
Particularly for newer traders, it’s easy to become overwhelmed with confusing features and statistics. Therefore, it is a time most require a helping hand – somebody to explain the ins and outs if you will.
Why Trust Us?
The ForexBrokerReview website is a leading resource for online traders. Created by traders for traders, our research provides insightful information and extensive comparisons, exploring 100s of brokers. Our recommendations, therefore, not only help newer traders, but also old hands as well.
Security, regulation, commissions, customer support, leverage and platform functionality are just a handful of factors you must take into account before choosing a broker to work with.
|Brokers under review|
|Account Application Time||1 Business Day||1 Business Day||1 Business Day|
|Minimum Account Balance||100 AUD||200 USD||100 USD|
|Platforms||MT4, MT5, Iress||MT4||MT4, MT5|
|Account Types||Standard, Raw and Iress ViewPoint, Iress Investor and Iress Trader||Standard and ECN Accounts||Standard and Corporate|
|Range of Markets||10,000+ (Additional Share to their Iress Platform)||250 Products||250 Products|
|Spreads/Fees||Low Spreads - Commission per side is 3.0 USD per one standard lot||Low Spreads - Commission per side is 4 USD per one standard lot||Incorporated into the spread + inactivity fee of 50 USD|
|Execution Speed||36 Milliseconds||79 Milliseconds||Unable to retrieve data|
|Regulation – Tier 1 Licences||ASIC; CySEC||Financial Conduct Authority (FCA)||CBI; B.V.I. FSC; ASIC; FSCA; FSA and FFAJ; FRSA|
|Market Research and Education||9||7.5||7|