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Top Forex Brokers

The top reliable, regulated and licensed forex brokers to trade currency online with affordable minimum deposits. 

Forex Broker

Bonus

Demo Account

Minimum Deposit

Regulated

Website

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Free Demo

Min. $10

Regulated

$30 Bonus

Free Demo

Min. $100

Regulated

$123 Bonus

Free Demo

Min. $5

Regulated

No Bonus

Free Demo

Min. $200

Regulated

No Bonus

Free Demo

Min. $200

Regulated

No Bonus

Free Demo

Min. $100

Regulated

$30 Bonus

Free Demo

Min. $5

Regulated

No Bonus

Free Demo

Min. $100

Regulated

General Risk Warning: The financial products offered by the above companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Useful  Articles for Forex Beginners !

Frequently Asked Questions ( FAQ )

What is Forex ?

Forex is trading currency globally. Forex market is the world’s largest and most liquid market.

How to trade Forex ?

In Forex trading you have to analyze and predict the price movement. So in order to trade forex online, you need to register and open a trading account with a Forex broker.

Is Forex Trading a high risk investment ?

Yes. Any kind of investment carries a higher level of risk unlike  9 – 5 jobs. Higher the risk means higher the rewards as well.  So Forex trading carries a very high level of risk  where you may even loose all the money in the trading account.  Therefore invest only what you can take a risk only !  You can refer Forex money management tutorial to learn about potential methods to minimize risk and maximize rewards.

What are the days and time available to trade Forex ?

You can trade Forex from Monday to Friday.  Generally below are the available trading sessions based on GMT time zones.

New York Trading Session 8:00 am to 5:00 pm EST (EDT)

Tokyo Trading Session 7:00 pm to 4:00 am EST (EDT)

Sydney Trading Session 5:00 pm to 2:00 am EST (EDT)

London Trading Session  3:00 am to 12:00 noon EST (EDT)

So basically based on above trading sessions, forex market is available 24 hours during weekdays.

What Are the types of Forex Brokers ?

In general you will find Dealing Desk ( Market Makers ) and Non Dealing Desk type Forex brokers as the two main types.  Non Dealing Desk brokers can be further categorized as  Straight Through Processing ( STP ) Broker or an Electronic Communications Network ( ECN ) Broker.  Well the type of broker that you are going to trade  with does not matter as long as the broker is a regulated and licensed forex broker.

What are the type of trading applications ?

Forex brokers will offer Meta Trader 4 ( MT4 ) or Meta trader 5 ( MT5 ) or cTrader or  propitiatory trading platform that can be used as a browser based, desktop or laptop based application.  Also Android or iOS based trading platform too will be offered by every broker.

What are the payment methods supported by Forex Brokers ?

All major forex brokers will support Skrill, Neteller, Master / Visa cards. Some may support Paypal.

What are the common documents requested by Forex brokers for Verification ?

In General you will need to submit identity and address verification documents.

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