MetaTrader 4 is the most popular trading platform in the world for good reason. If you wish to trade forex, you will find it has everything you need Forex news to trade successfully. MetaTrader 5 basically has everything MetaTrader 4 has but even more features and advanced trading tools, as indicated below.

forex brokers

Due to the fast-paced nature of the forex industry, you will want to choose a broker that offers real-time financial news. This can often come in the form of a notification that pops up on your screen, even if you are not actively using the broker. You then have, which charges 0% in commission and offers spreads of 0.8 pips on EUR/USD. LIbertex offers ZERO spreads on all of its supported markets and charges a minimum commission of just 0.006% per slide – which is very competitive. The best in this space – such as eToro and – build the commission into the spread.

Financial Strength You Can Depend On

These include conversion fees for most UK residences as the eToro platform uses USD. This means transferring your GBP to eToro for share trading has some currency conversion charges. Again, this should be factored into the cost when comparing the top UK broker with other share trading services. If you wish to trade metals, Swissquote offers DotBig precious metals like gold, silver, platinum and palladium. Gold spreads begin at 0.23 pips and along with silver, you can trade this against GBP, EUR, CHF and AUD in addition to the usual USD. Just note that trading lots differ when using Advanced Trader compare to MetaTrader. Standard lots for all metals with Advanced Trader are 1 ounce.

forex brokers

On Average 1 pips spread for major pair EURUSD with their Standard Account. And commission based trading is available with low spread & average commission with Pro Accounts. Plus, they accept local online bank transfer in SA, and even offer instant withdrawal methods. Exness offers ZAR base currency account option to traders in SA. Wide range of trading instruments which include 53 currency pairs & 200+ CFDs on Commodities, Metals, Indices, shares, bonds.

Thinkmarkets Has Forex Broker Uk Trader Protection

Brokers also provide leverage to customers so they can trade larger amounts than they have on deposit. Depending on the country the trader is trading from, that leverage can be 30 to 400 times the amount available in the trading account.

  • From first opening an account through to help with the platform, customer support is extremely important.
  • Some of the large US-based brokers on this list like, Interactive Brokers, OANDA, and TD Ameritrade also support trading on the NinjaTrader software, an added benefit for American clients.
  • Investopedia does not include all offers available in the marketplace.
  • Fortunately, Nadex is quite strong in this regard, making them a credible choice for traders worldwide.
  • And if charting is your thing, Advanced Trader integrates with TradingView meaning over 100 technical indicators, 65+ drawing tools, 11 chart types and 15-time frames.

A featured listing does not constitute a recommendation or endorsement. Due to strict regulations which are in place with regards to international brokers offering their services Forex to US citizens. Oanda has obtained more than 50 industry awards since its inception and it asserts that it is the only execution venue for the orders of traders.