Choosing the Best Broker for Forex TradingChoosing the Best Broker for Forex Trading

Trillions of dollars zip around the world’s most active market every day, 24 hours a day and five days a week, making forex trading an attractive proposition for traders who can benefit from the potential for high profits. In choosing a broker for forex trading, there are many factors to consider including the number of currency pairs offered, the types of trading accounts available and the range of trading tools and technologies.

IG shines as the best broker for forex trading, offering competitive prices, a wide variety of tradable assets and a user-friendly trading platform suite. IG’s US clients benefit from the brand’s newest offering, tastyfx, which provides an experience designed specifically for US forex traders and offers the popular MetaTrader 4 platform suite. Try it now

Best Broker for Forex Trading: Top Platforms Compared

For more experienced traders, Pepperstone is an excellent choice as it prioritizes fast execution and features a comprehensive technology offering with API integrations, advanced charting options, and direct market access for advanced algorithmic trading options. The broker also boasts strong regulatory oversight and extensive customer support options.

When choosing a forex signals provider, it is important to check their track record and the amount of risk they take with each trade recommendation. In addition, it is important to find out what leverage they use to achieve their results. Using excessive leverage can quickly wipe out your account balance. It is also worth checking whether the provider has any inactivity fees or deposit/withdrawal charges. In addition, it is good to find out which communication channels they use to deliver their recommendations (e.g. Skype, email or Telegram).…