My Top 3 Brokers
IC Markets
Are you searching for a true ECN broker ? If your answer is yes, you have a great option to choose! That is IC Markets. It is the most trusted and most popular raw spreads true ECN broker of the world. It is regulated by a strong australian regulator named ASIC ( AFSL No. 335692 ) and also get licence from CySEC. Since 2007 from its start, this ECN broker has no competitor yet.
Merits :
1. Very much safe to deposit and withdraw.
2. A raw spreads broker, meaning that order is executed at markets price.
3. Spreads is very low, starting from 0.0
4. Dedicated custumers support 24/7, when comparing, other broker offers 24/5.
5. Ultra fast order execution. Average execution speeds of under 40 ms.
6.No fees in deposit and withdraw.
Demerits:
1. It does not give promo types of offers like deposit bonus, account opening bonus etc. (Good brokers do not need to give any offer 🙂 )
2. No instant withdrawal.
3. Do not have negetive balance protection.
If you want to open accout in this great broker, all you need is just to press the button below :
XM
Are you a fan of market maker (MM) brokers? If yes, I have a great solution for you ! And the solution is XM. XM is the most popular, trusted and largest MM broker of the world. It is regulated by the Financial Conduct Authority, UK ( FRN : 705428), CySEC (Licence : 120/10), and ASIC (AFSL # 443670).
Merits :
1. Very much safe to deposit and withdraw.
2. No fees in deposit and withdraw.
3. Spreads is very low, starting from 0.1
4. XM offers over 10,000 different instruments to trade, including over 90 currency pairs.
5. It offers quick withdrawal, usually within 2-6 hours.
Demerits:
1. Spreads become wider in news hours, but it is lower than other MM brokers.
2. Withdrawal is quick but not instant like within minutes.
If you want to open accout in this great broker, all you need is just to press the button below :
Forex Time (FXTM)
All of you may know FXTM, and you know that their spreads are high ! But do you look at their commissions ? its 0.0 ! so its not that bad. I am putting this broker in my list because of their teaching desire! Yes, The have 2-3 webiners per week and also for some countries they offer local language webiners. But most importantly they arrange seminers every year in most of the countries ! And those seminers are taken by a forex legand, Prof. Andreas Thalassinos himself ! This broker is regulated by CySEC, FCA, FSC.
Merits :
1. Very much safe to deposit and withdraw.
2. No fees in deposit and withdraw.
3. No commission at all.
4. It offers negative balance protection.
5. Withdrawal is instant upto a limit, usually within 1 minute.
Demerits:
1. Spreads are higher compare to IC Markets and XM.
2. Not suitable for scalping as the spreads are higher.
If you want to open accout in this great broker, all you need is just to press the button below :