Are you searching for the best forex broking trade platform? If yes, you have landed at the right place. Find here a list of the most popular forex broking platforms offering booking services to customers in the world.
Forex trading mainly involves day-to-day analysis and market breakdown. Choosing the right forex broker will help you to gain access to the right accounts and markets worldwide. Forex trading revolves around international currencies and their markets, so having the right broker is very important for your success in the marketplace.
With AI and technology, now a platform makes it easy for you to choose the right instruments. With cryptocurrencies taking over the market, a steady platform with access to all the CFDs, trading options and markets is very crucial. So if you have been planning to start trading online, here are the top ten online forex broking platforms in the world to choose from:
10 Forex Broking Platforms
1. IG
With access to over 15,000 products, the platform allows you to trade in multiple asset classes. It’s a multi-action account that has options to trade in forex, shares, indices, and commodities. The list continues with access to bonds and also cryptocurrencies. With IG you can even trade in other global markets with exchange-traded shares.
The company recently launched a special investment manager called Smart Portfolios to manage your investments dynamically. This also includes Bitcoin, Bitcoin Cash, and Ethereum.
2. Saxo Bank
With over 25 years of working experience, Saxo has specialized in retail forex, stock, and multi-asset brokerages. The forex trading platform offers an array of features including Saxo Markets. The Saxo Bank allows access to several markets and entities which are regulated across the world. With the platform, you can trade in major global trade hubs.
it offers different options divided across multiple electronically traded asset classes including cryptocurrencies contract options and bonds in retail and wealth management. It is mainly a bank that also offers banking services with its add-on services.
3. Swissquote
With a multi-option interface, the Swissquote forex trading platform offers a multi-asset brokerage. The company has a host of trading options available on the platform with advisory services on wealth management and investments. Famous all around the globe, the company currently has close to half a million client accounts across its subsidiaries.
The company mainly regulates European and Asian markets. It was Swissquote that was the first bank in history to add cryptocurrency trading to its platform. From Bitcoin to Bitcoin Cash, the company now offers Ethereum, Litecoin, and Ripple.
4. eToro
eToro is a social media platform for investors. The company has diversified its options with trading and even recently launched an eToro OpenBook social investment platform. This has the “Copy-Trading” feature which allows you to view and follow the other top traders on the network. eToro allows you to trade in multiple forms where you can also buy and sell stock online.
The social network of traders on eToro has a guide to follow and learn about investing. It has over 1000 instruments to trade with including CFDs on the latest cryptocurrencies like Bitcoin, Ethereum, and more.
5. FxPro
A leader in the Forex trading industry, FxPro is one of the most known names in the retail FX market. The company has completed more than 150 million orders offering multiple trading interfaces across spot Forex, shares, and indices. FxPro now also offers the option to trade on metals, energy contracts, and futures markets. You can even access FxPro at other third-party trading interfaces.
A great option to do your everyday online trading, the platform offers a host of options to trade with. The company has clients in more than 150 countries worldwide.
6. CMC Markets
With around three decades of working experience, CMC Markets is one of the largest forex trading platforms in the world. The firm offers a wide array of options to trade with more than 10,000 CFD instruments. CMC Markets specializes in multiple asset classes.
The company offers trading options with forex, commodities securities markets, and more. The Next Generation trading platform from CMC Markets is an online platform where you can trade from your mobile handset.
The app is currently available both on the Play Store and App Store. With more than 60,000 clients around the globe, the company operates through different offices worldwide.
7. FOREX.com
The FOREX.com trading platform initially started as a trading directory. The company has grown over the period and now offers trading options on its platform and operates in multiple countries around the world. The company has more than 200,000 offering major asset classes across multiple categories. FOREX.com also recently launched Bitcoin trading on its platform with access to multiple cryptocurrencies.
The platform now offers current economic affairs, news, and technical analysis with multiple trading tools in the PRO version.
8. Interactive Brokers
With over 40 years of experience, Interactive Brokers is one of the most reputed and oldest online forex brokerage firms in the world. You can trade across multi-asset categories which have options features like futures, forex, and bonds. It operates in more than 100 markets across the world with centers in more than 24 countries. It has one of the lowest commission rates offering 85 currency pairs.
The company now offers a technical analysis of the trading patterns including algorithms for automated trading. The platform also supports Bitcoin and other digital assets.
9. Dukascopy
Initially started as a trading platform, Dukascopy was turned into a brokerage house in Geneva in 2004. The company also has its bank called Dukascopy Bank, the company is a licensed broker offering options to trade in multiple marketplaces. It offers forex and CFD trading on its platform at competitive rates with access to 64 currency pairs and 357 CFD markets.
The company has its JForex platform suite which offers a technical analysis of the market performance with algorithmic trading over mobile apps and websites.
10. TD Ameritrade
The platform offers multiple trading options on stocks and forex. TD Ameritrade allows you to trade on futures markets under Forex LLC with other categories. It has retail forex trading options with access to other markets around the world. The company is now working on an online platform to diversify in the cryptocurrency market.
The parent firm has also invested heavily to help the platform with technological innovations and customer support resources.
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This list includes some of the top online forex broking platforms offering the best of foreign exchanges with options for online forex trading and access to multiple markets.
Editorial Team at 99BusinessIdeas is a team of experts led by Rupak Chakrabarty with over 25 years of experience in starting and running small businesses. Started in 2010, 99BusinessIdeas is now one of the largest free small business resources in the industry.
