GET THE BEST START IN FOREX WITH THE BEST BROKER.
IC Markets is a fitting destination for active traders looking for a well-regulated broker.
Are you ready to start here?
Yes, take me to open a demo account in IC Markets Wait, I’d like to learn further about IC Markets.
Year Established : 2008.
The choice of broker is adjusted to the needs of each trader. If you are a trader who only needs a basic platform and trading features with the best attributes, Exness can be your best choice.
Are you ready to start here?
Yes, take me to open a demo account in Exness Wait, I’d like to learn further about Exness.
HAVING PROBLEMS WITH A BROKER?
HOW TO TRADE WITH THE BEST PLATFORM?
Get the Experience with MetaTrader.
A favorite among traders worldwide, MetaTrader is “the standard” when it comes to retail trading.
Where can you access it? MetaTrader is available in MetaQuotes’ official website and almost every CFD broker out there. To simplify your quest, these two brokers can be a good start to trade with Metatrader:
Year Established : 2007.
When it comes to trading platform, IC Markets MetaTrader series is optimized to support the best trading experience across multiple devices.
Do you want to try the platform?
Yes, take me to trade with IC Markets MetaTrader Wait, I’d like to learn further about IC Markets.
Year Established : 2008.
Provided as the world’s leading platform with competitive edges in terms of flexible trading, analytics, autotrading, and security, Exness MetaTrader series is available in many devices.
Do you want to try the platform?
Yes, take me to trade with Exness MetaTrader Wait, I’d like to learn further about Exness.
Broker Regulation Min Deposit Rating ASIC 28381 CySEC, 201/13 FCA (UK), 595450 FSA (Estonia), 10932555 FSA (Seychelles), 8426894-1 Jordan Securities Commission, 57026 $100 ASIC, 453554 Central Bank of Ireland, 23.12.2020 CFTC/NFA 0258600 FCA (UK), 208159 Hungarian National Bank, H-EN-III-623/2020 Monetary Authority of Singapore, CMS100917 SEC (US), 8-47257 $10000 ASIC, 406668 Central Bank of Ireland, C53877 Financial Futures Association (Japan), 1574 Financial Services Regulatory Authority (Abu Dhabi), 190018 FSA (Japan), 1662 FSC (BVI), 2013-07-30 FSCA (South Africa), 45984 IS $100 ASIC, 309763 CONSOB (Italy), 76 CySEC, 392/20 DMCC (Dubai), 31171 FCA (UK) 217689 ISA (Israel), 2 SFC (Hong Kong), AIM232 ESMA $1 Cayman Islands Monetary Authority, 1442313 CySEC, 259/14 DFSA (Dubai), 000048 FCA (UK), 186171 FSA (St. Vincent & the Grenadines), 25228 $100.
Broker Finder.
Follow the questions to find your destined broker.
Key Features Extensive Review.
Trading by telephone.
Islamic accounts available.
Known as one of the leading online trading providers from the UK, ETX Capital has been offering CFD trading and spread betting services to both retail and institutional clients since 2007. The company behind ETX Capital, Monecor Ltd., went way back in 1965 as a company specializing in Mortgage Bonds. After expanding to Stocks and Derivatives, Monecor launched a retail derivative arm called TradIndex that was later rebranded as ETX Capital. ETX itself stands for Electronic Trading, Telephone Trading, and Execution Services.
As a UK-based broker, ETX Capital is licensed and fully authorized by the Financial Conduct Authority (FCA) to provide CFD trading and spread betting . Trading in ETX Capital supports over 5,000 global markets across FX, Indices, Cryptos, Shares, and Commodities.
The technology behind ETX Capital is mainly presented in the form of its in-house trading platform named TraderPro. Different from its counterparts like MetaTrader, ETX TraderPro introduces advanced charting tools that include multiple chart types (candlestick, Heikin Ashi, and the Ichimoku Cloud), split charting tools, trade from the chart, technical indicators, and drawing tools, as well as dynamic risk management features. For ease of access, ETX Capital provides the mobile version of TraderPro that is available on Android and iOS platforms.
In 2018, ETX launched trading in several new Cryptocurrencies and won 2 awards for TraderPro: Best Trading Platform at the 2018 Online Personal Wealth Awards and Best Spread Betting Platform at the 2018 ADVFN Financial Awards, as well as Best Education at the 2018 Online Personal Wealth Awards.
In terms of specifications, opening an account in ETX Capital will be blessed with tight spreads starting from only 0.6 pips on EUR/USD and 0.9 pips on GBP/USD. Instant execution is applied to ensure the best trading experience for clients, while the deposit and withdrawal process is made possible via various methods such as online bank transfer, credit or debit cards, and a range of e-payments including Skrill, Neteller, and UnionPay.
For bank transfer payment, clients can open accounts with a wide choice of base currencies that consists of GBP, USD, EUR, ZAR, SGD, SEK, RON, PLN, NOK, JPY, HRK, HKD, DKK, CZK, CHF, CAD, and AUD. Meanwhile, credit or debit card payment is more limited in base currency options, as it only provides the choices of GBP, USD, EUR, ZAR, PLN, NOK, DKK, CZK, and CHF as the base currency.
Interestingly, ETX Capital does not charge for deposits. Commissions for these particular payments are only from the card issuer or bank that each client uses. This broker also processes deposits instantly. The longest period of deposits is the ones made through bank transfer which can take up to only 2 working hours.
In conclusion, ETX Capital is one of the UK-based brokers with an excellent standing as the company has endured more than 40 decades in the financial market. ETX Capital innovates its technology through TradePro, but it still offers MT4 trading along with its proprietary platform. Information on trading conditions on its official website is quite limited, although the education is enriched with a wide range of materials; from online webinars, ebooks, platform guides, to educational articles.
Key Features Extensive Review.
Trading by telephone.
Islamic accounts available.
If traders are looking for brokers with elite class regulations, Axi can be the right choice. Axi is an Australian broker registered under ASIC and FCA . This is the main point because the two regulators are widely recognized to have strict regulations.
“Created by traders, and for traders” is a mission carried by Axi since its foundation in 2007. They continue to strive to accommodate the needs of traders. Axi had the strongest brand association with being “trustworthy” among current FX Traders in December 2014.
In addition, Axi also received other awards, including the most reliable Forex Broker 2017, Highest Overall Client Satisfaction Investment Trend 2017, Commenced back-office operations in Philippines, Cyprus & Singapore 2018, Best MT4 Broker 2018 by the UK Forex Awards, and the Most Trusted Forex Brokers by the 2018 Forex Forex Awards. With the various achievements that have been obtained, Axi seeks to build the confidence of traders from all over the world.
Traders can monitor the movements of spreads on Live Spreads, which are provided by Axi on its official website . These floating spreads are beneficial for traders when price volatility is not high.
In addition to spreads, the difference is also seen in the commission on each account. There is a commission of around USD7 for Pro Accounts, whereas, for Standard Accounts, traders do not need to spend funds for commission.
Meanwhile, the minimum trade size is 0.01 lots and leverage is up to 1:400 . Traders can choose their deposit amount because Axi does not specify a minimum amount. Instead, traders have the opportunity to profit when trading on Axi with a 20% deposit bonus. Opportunities to open positions thus increase, accompanied by deposit bonuses that can be withdrawal easily and quickly.
There are around 80 currencies and CFDs traded on Axi . Besides, the company also offers traders looking for diversified investments in other assets like gold, silver, oil, and 11 indices. To attract the attention of traders from various countries, Axi also provides a variety of currencies that can be used by traders as base currency, including AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, and USD.
Traders at Axi can enjoy free VPS provided by third parties by depositing a certain amount . The Virtual Hosting Service uses an external server to ensure the platform stays running 24 hours a day and prevents Downtime. Of course, this service is very useful for those who use Expert Advisors.
When trading forex, chart analysis becomes an unavoidable activity. Traders do not need to worry about that when trading with Axi . Because one of the advantages of the Axi broker is Autochartist signals. This facility is useful for following market movements precisely. For traders who use MT4 Standard Account and MT4 Pro Account, they will get Autochartist signals for free.
Besides being able to easily understand the pattern of price movements through Autochartist, Axi also provides easy access to sophisticated trading tools under the name of MT4 NexGen. The advantage of this platform is to find out trading sentiments, Market Insights, Correlation Traders, and Alarm Managers. With this technology, traders can easily access super-fast networks and can handle any high-frequency inflows to scalping.
Traders can also add knowledge about forex trading with the Webinar facility, which is provided by Axi for free. Professional traders and experienced analysts will provide traders with a variety of new trading knowledge in this education program.
Not only that, opening an account in Axi can lead to other experiences such as copying trading strategies from professional traders, with tools like as DupliTrade, Myfxbook, and ZuluTrade. Traders are free to copy trading strategies from professional traders and apply them to their own trade.
If there are still other questions, traders can contact Axi support that is active 24/5. Their staff comes from all over the world, so they got a global team that speaks traders' language from various countries in the world.