Broker Reviews

 

 

BROKER INFO APPLY/DEMO ACCOUNT
tmgm logo

TMGM

TMGM is a broker, which was founded in 2013. The broker has a minimum deposit of only $100, a 24/7 customer service and offers over 15,000 trading instruments. A typical spread on the EUR/USD, for example, will be around 0.0. The broker offers also a very high maximum leverage up to 1:500.

 

City Index

 

City Index is a long established and well-regarded multi-asset broker platform. It provides a broad ‘one-stop-shop’ service and offer thousands of different markets in a wide range of financial instruments. One of the pioneers in the sector, the firm was founded in 1983 and has built up a strong reputation within the trading community.

CedarFX logo

CedarFX

CedarFX is a multi-asset broker offering a range of products to trade, including foreign exchange pairs, stocks, indices and more. The business was set up in 2020 and now provides both ECN and STP trading, which means it does not have a dealing desk. There’s a wide variety of asset classes available at CedarFX. The main appeal for many traders will be the broker’s array of foreign exchange pairs.

eToro

eToro was founded in 2007 and has grown to host 8 million account holders, based in over 140 countries. It’s a global operation that has found success by developing smart technology with which to satisfy the needs of its clients.

Logo_Eagle FX

EagleFX

EagleFX is a young broker, which was founded in 2019. The broker has a minimum deposit of only $10, a 24/7 customer service and offers a free demo account. The broker offers also a very high maximum leverage up to 1:500. Extraordinary are the same day withdrawals.

LegacyFX Logo

LegacyFX

LegacyFX was founded in 2012 but was relaunched under new management in 2017 and offers competitive trading conditions, a variety of assets, and trading via contracts for difference (CFDs). LegacyFX is fully regulated by the Vanuatu Financial Services Commission and has additional regulation throughout the EU, provided by the Cyprus Securities and Exchange Commission. LegacyFX also offers tight spreads, starting at just 0.5 pips, with no hidden commissions and no fees for swaps or long-term positions.

 

Fusion Markets Logo

Fusion Markets

Fusion Markets is a young broker, which was founded in 2017. The Australian broker hasn’t a minimum deposit, offers more than 90 currency pairs and a maximum leverage of 1:500. The broker offers also a very good customer service. Extraordinary are the same day withdrawals.

Avatrade

 

AvaTrade is one of the big players in the online broker sector. Since their inception in 2006, the platform has grown its number of accounts to over 200,000. Trading volumes can surpass US$60 billion per month and all this activity is generated by them providing traders with a platform that finds the right balance between simplicity and sophistication.

 

BlackBull Markets

BlackBull Markets is an established and reputable New Zealand-based broker, which provides its clients with very high-quality trading platforms. It features competitive pricing, a range of forex, CFD and derivative markets, and a minimum deposit of only $200.

 

Trade360

Trade360 is an established and reputable Cyprus-based broker, which provides its clients with very high-quality trading platforms. It features competitive pricing (zero commission), a range of forex, CFD and derivative markets, several trading platforms and a 24/5 support.

 

FP Markets

FP Markets is an established and reputable Australian-based broker, which provides its clients with very high-quality trading platforms. It features competitive pricing, a range of forex, CFD and derivative markets, and excellent market flow and trade execution.

Plus500

 

Plus500 is a great starting place from which to make your first moves into the financial markets. Founded in 2008, it is something of a newcomer to the industry and takes advantage of that by offering a service that is in many ways different and which now hosts over 1 million trading accounts.

CMC Markets

CMC Markets is an established and reputable UK-based broker, which provides its clients with very high-quality trading platforms. The broker was founded in 1989 and has clients in more than 100 countries. It features competitive pricing, a wide range of forex, CFD and derivative markets. There is no minimum deposit required by CMC Markets.

Pepperstone

 

Pepperstone is an Australian broker with global reach. Built by traders, for traders, its stated aim is to make trading low-cost, fast and convenient. Clients are offered the choice of three top of the range platforms from which to trade with the broker having particularly strong links into the forex markets.

Saxobank

 

Saxo Capital Markets (Australia) is part of the Saxo Group, a leading global investment and technology company. The firm has a strong international presence, with its Australian office based in Sydney, at the centre of one of the world’s thriving financial markets. Saxo Capital Markets (Australia) is licensed and regulated by the Australian Securities and Investment Commission (ASIC), and has been in operation in Sydney since 2011.

Merit Forex Logo

Merit Forex

 

Founded in 2012, Merit Forex is a specialist forex broker that offers a range of trading products and solutions. As we will discover in this forex broker review, customers can trade all the main currency and crypto pairs, as well as indices, commodities and CFDs. Merit Forex offers their registered traders a selection of platforms, including MetaTrader 5 on desktop devices and MT4 for mobile.

Fortrade

 

Fortrade is an international forex trading company established in 2011. The company has its head office in the UK, placing it firmly at the centre of one of the world’s largest financial markets, and offers a wide range of tradable instruments, including forex, commodities, stocks, bonds, indices and contracts for difference (CFDs).

AxiTrader

 

AxiTrader is an established and reputable Australian-based broker, which provides its clients with very high-quality trading platforms. The Broker also maintains branches in other countries. It features competitive pricing, a range of forex, CFD and derivative markets, and excellent market flow and trade execution. The minimum deposit is AUD $1,000.