{"id":137,"date":"2020-09-05T11:33:37","date_gmt":"2020-09-05T11:33:37","guid":{"rendered":"https:\/\/fundgecko.com\/forex\/?page_id=137"},"modified":"2021-01-05T18:22:07","modified_gmt":"2021-01-05T18:22:07","slug":"best-forex-brokers","status":"publish","type":"page","link":"https:\/\/fundgecko.com\/forex\/best-forex-brokers\/","title":{"rendered":"Best Forex Brokers"},"content":{"rendered":"<section class=\"l-section wpb_row height_small\"><div class=\"l-section-overlay\" style=\"background:linear-gradient(180deg,rgba(30,159,85,0.15),#ffffff)\"><\/div><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h1 style=\"text-align: center;\">The Best Forex Brokers<\/h1>\n<p style=\"text-align: center;\">Compare the best forex brokers and choose which one best fits your needs.<\/p>\n<p style=\"text-align: center;\">We only recommend highly regulated and reputable brokers with good payment terms, good support and who can provide everything you will need as a trader.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_middle type_default stacking_default\"><div class=\"vc_col-sm-2 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-image us_custom_56ec15a9 align_center\"><div class=\"w-image-h\"><img width=\"150\" height=\"150\" src=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-150x150.png 150w, https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal.png 256w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-10 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"g-cols wpb_row us_custom_2266a77f via_flex valign_middle type_default stacking_default\"><div class=\"vc_col-sm-3 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-image us_custom_9cf479d2 align_center\"><div class=\"w-image-h\"><img width=\"150\" height=\"150\" src=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/avatrade-logo-bn250x250-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/avatrade-logo-bn250x250-150x150.jpg 150w, https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/avatrade-logo-bn250x250.jpg 250w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-6 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column with_collapsible_content\" data-content-height=\"140px\"><div class=\"wpb_wrapper\"><h3>Best Overall Forex Broker<\/h3>\n<h4>Our Rating: 9.5\/10<\/h4>\n<p>Account Minimum: <strong>100$<\/strong><br \/>\nFees Per Trade: <strong>low<\/strong><\/p>\n<h3>Pros &amp; Cons<\/h3>\n<h4><span style=\"font-weight: 400;\">Pros<\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Offers research tools across various channels such as the cPattern plugin for MT4 and Duplitrade, a social-copy trading platform<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Great pattern-recognition tools and chart indicators for technical and fundamental analysis<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Offers SharpTrader research where you can find daily\/weekly analysis from expert analysts to give you better trading ideas<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Great educational resources for traders to learn both basic and advanced knowledge involved in trading<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Good access to options and cryptocurrencies<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Allows automated and robot trading<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">No withdrawal fee<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Low minimum deposit of $100<\/span><\/li>\n<\/ul>\n<h4><span style=\"font-weight: 400;\">Cons<\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Customer phone support seems to be slow and quite poor<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Average spreads are a little on the higher end of the average versus other platforms<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Only Forex, CFDs and Cryptocurrencies based products on offer<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Inactivity fee charged of $50 per quarter if idle for 3 months<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Slow withdrawal speed<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Limited customizability<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">No price alert notifications<\/span><\/li>\n<\/ul>\n<h3>Avatrade In-Depth Review<\/h3>\n<p><span style=\"font-weight: 400;\">AvaTrade is another well-established option that offers a wide range of features but on a limited market of financial products. While Avatrade charges no commissions on trade, the cost contained in their spreads are higher than average versus other platforms.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, AvaTrade gives you access to a lot of services and resources via third-party providers, giving you a great base for executing your trading strategies fully informed.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These resources even include dedicated educational content for both beginner and veteran traders who want to learn more about trading.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For those of you who have an interest in buying and trading options, their AvaOptions platform greatly simplifies the whole experience of trading options and allows you to adjust your strategy in a few clicks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019re new and don\u2019t want to pick stocks yourselves, then AvaTrade also allows copy trading where you mimic the portfolio of more vetern trading experts. On the other end, if you\u2019re a bit more advanced, it also allows for automated and robot trading.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, its AvaProtect feature can partially hedge your trades, to protect against volatility so you\u2019re not caught off-guard by market forces<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Overall, while not the cheapest platform on the market, AvaTrade has a very solid line-up of features and resources that really boost your ability to trade. <\/span><\/p>\n<\/div><div class=\"toggle-links align_none\"><button class=\"collapsible-content-more\">Show Full Review<\/button><button class=\"collapsible-content-less\">Hide Full Review<\/button><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-3 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-btn-wrapper align_center\"><a class=\"w-btn us-btn-style_1\" href=\"https:\/\/tracking.avapartner.com\/click\/?affid=143322&amp;campaign=145027&amp;campaignName=Default Campaign&amp;TargetUrl=https:\/\/www.avatrade.com\/trading-account\/?tag=143322\" target=\"_blank\" rel=\"noopener\"><span class=\"w-btn-label\">Open Account<\/span><\/a><\/div><div class=\"wpb_text_column us_custom_1802e5f9\"><div class=\"wpb_wrapper\"><p style=\"text-align: center;\">79% of retail investor accounts lose money when trading CFD\u2019s with this provider. You should consider whether you can afford to take the risk of losing your money.<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_middle type_default stacking_default\"><div class=\"vc_col-sm-2 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-image us_custom_56ec15a9 align_center\"><div class=\"w-image-h\"><img width=\"150\" height=\"150\" src=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-1-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-1-150x150.png 150w, https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-1.png 256w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-10 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"g-cols wpb_row us_custom_2266a77f via_flex valign_middle type_default stacking_default\"><div class=\"vc_col-sm-3 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-image us_custom_9cf479d2 align_center\"><div class=\"w-image-h\"><img width=\"150\" height=\"150\" src=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/eToro-share-img-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/eToro-share-img-150x150.png 150w, https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/eToro-share-img-300x300.png 300w, https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/eToro-share-img.png 500w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-6 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column with_collapsible_content\" data-content-height=\"140px\"><div class=\"wpb_wrapper\"><h3>Best for Copytrading<\/h3>\n<h4>Our Rating:<strong> 9.1\/10<\/strong><\/h4>\n<p>Account Minimum: <strong>200$<\/strong><br \/>\nFees Per Trade: <strong>low<\/strong><\/p>\n<h3>Pros &amp; Cons:<\/h3>\n<h4>Pros<\/h4>\n<ul>\n<li>Commission-free on trades (excluding short or leveraged positions)<\/li>\n<li>Great access to a selection of stocks, currencies, ETFs and CFDs<\/li>\n<li>No limit on trading volume<\/li>\n<li>Can buy fractional shares<\/li>\n<li>Free access to TipRanks expert stock analysis and price targets<\/li>\n<li>Innovative ProCharts tool for in-depth market analysis<\/li>\n<li>CopyPortfolios function to copy existing portfolios of stocks in a few clicks if you are new to investing and don\u2019t want to go through the hassle of picking stocks<\/li>\n<li>Great customer satisfaction<\/li>\n<li>Fast and easy sign-up process<\/li>\n<li>Very user friendly and well-designed platform<\/li>\n<\/ul>\n<h4>Cons<\/h4>\n<ul>\n<li>Minimum of 200$ deposit to open an account<\/li>\n<li>No interest is paid on cash or cryptocurrencies for accounts under 5,000<\/li>\n<li>There is no DRIP (Dividend Reinvestment Plan) available<\/li>\n<li>Large spreads on CFD and Forex trading<\/li>\n<li>Withdrawal fees of $5<\/li>\n<li>Only allows USD accounts, foreign currencies like EUR have to be converted<\/li>\n<li>Limited customizability<\/li>\n<\/ul>\n<h3>Etoro In-Depth Review<\/h3>\n<p>Etoro is one of the major trading platforms known for its ease of use and friendliness to beginners in the world of investing\/trading.<\/p>\n<p>One of its main features that makes it a great platform is \u2018copy trading\u2019. It basically allows you to copy existing portfolios of active public traders so that you benefit from more experienced traders so you don\u2019t have to pick stocks yourselves.<\/p>\n<p>The platform itself is very easy to use, even for beginners, and has a good range of functionalities, but has little customizability.<\/p>\n<p>It should be noted that Etoro\u2019s fees per trade in some categories like cryptocurrencies and forex are on the higher end of the spectrum, but this is easily compensated by its platform features. And if you only buy stocks, then there are no real commission fees to deal with at all.<\/p>\n<p>Overall though, retail traders don\u2019t choose Etoro for its fees, but rather its platform and social trading features.<\/p>\n<p>Remember that Etoro also only allows USD accounts, so any foreign currencies like EUR or GBP must be converted beforehand in order to avoid their currency conversion fees. For this, it\u2019s handy to have a multi-currency bank account like\u00a0N26.<\/p>\n<p>On the research and education side of things, it provides decent resources, but could definitely expand their offering.<\/p>\n<p>In terms of its mobile application, Etoro really did well here. It\u2019s very slick and syncs up well with its desktop version, with great support and ability to handle your trading and keep tabs on news and transactions from your phone.<\/p>\n<p>Overall, while a little on the pricier side, Etoro gives a really good platform with decent functionalities and an excellent social\/copy trading network. Really solid choice as a trading brokerage platform.<\/p>\n<\/div><div class=\"toggle-links align_none\"><button class=\"collapsible-content-more\">Show Full Review<\/button><button class=\"collapsible-content-less\">Hide Full Review<\/button><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-3 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-btn-wrapper align_center\"><a class=\"w-btn us-btn-style_1\" href=\"https:\/\/partners.etoro.com\/B13055_A90986_TClick.aspx\" target=\"_blank\" rel=\"noopener\"><span class=\"w-btn-label\">Open Account<\/span><\/a><\/div><div class=\"wpb_text_column us_custom_1802e5f9\"><div class=\"wpb_wrapper\"><p style=\"text-align: center;\">&#8220;75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.&#8221;<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_middle type_default stacking_default\"><div class=\"vc_col-sm-2 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-image us_custom_56ec15a9 align_center\"><div class=\"w-image-h\"><img width=\"150\" height=\"150\" src=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-2-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-2-150x150.png 150w, https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-2.png 256w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-10 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"g-cols wpb_row us_custom_2266a77f via_flex valign_middle type_default stacking_default\"><div class=\"vc_col-sm-3 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-image us_custom_9cf479d2 align_center\"><div class=\"w-image-h\"><img width=\"150\" height=\"150\" src=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/B5Mjne8U_400x400-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/B5Mjne8U_400x400-150x150.jpg 150w, https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/B5Mjne8U_400x400-300x300.jpg 300w, https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/B5Mjne8U_400x400.jpg 400w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-6 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column with_collapsible_content\" data-content-height=\"140px\"><div class=\"wpb_wrapper\"><h3>Best for Experienced Traders<\/h3>\n<h4>Our Rating:<strong> 9.0\/10<\/strong><\/h4>\n<p>Account Minimum: <strong>100$<\/strong><br \/>\nFees Per Trade: <strong>very<\/strong> <strong>low<\/strong><\/p>\n<h3>Pros &amp; Cons:<\/h3>\n<h4><span style=\"font-weight: 400;\">Pros<\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">They charge no commission on trades, all costs are contained within spreads and they are extremely low versus other platforms<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Simple web interface and very easy to use<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The mobile application has all the features that the desktop interface has<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">You can use charts for technical analysis as well as monitor trades and watchlist interests<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Access to a very large range of over 2000 financial products like stocks, currencies, etc<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">No charges for withdrawals or account termination<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Good customer services with often very quick response times<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Access to simple call and put options<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Can open an account with as little as $100<\/span><\/li>\n<\/ul>\n<h4><span style=\"font-weight: 400;\">Cons<\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Their WebTrader is a closed application and not easily integratable with other third-party applications often used by advanced traders<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">No access to MetaTrader4 (MT4) platform trading alternative which has more functionality and customizability<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Very little in-house research offered other than access to earnings calendars<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">No educational material offered.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">No special features like copy\/social trading or automated algorithms. Clearly meant as a simple cheap platform for executing trades.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Inactivity fees for accounts that have been idle for 3 months<\/span><\/li>\n<\/ul>\n<h3>Plus500 In-Depth Review<\/h3>\n<p><span style=\"font-weight: 400;\">Plus500 is another one of the majorly successful trading platforms, and their success lies in their costs. Plus500 targets users who want to minimize the costs of their trades as much as possible.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Their commissions are non-existent and the costs that they do have are contained within spreads. But even those spreads are extremely low in comparison to other trading platforms in the market.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Their platform is very easy and simple to use in streamlining trades in a few clicks but doesn\u2019t offer many functionalities in addition to simple trades. Neither does it offer much educational content, in-house research, or integration with third-party trading applications.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They expect their users to know what they\u2019re doing or seek educational content on trading\/investing elsewhere.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even though it offers limited advanced features and resources, the tradeoff of functionality versus the low costs gained makes it extremely worth it as a platform to trade with. Definitely one of the best for low-cost trading.<\/span><\/p>\n<\/div><div class=\"toggle-links align_none\"><button class=\"collapsible-content-more\">Show Full Review<\/button><button class=\"collapsible-content-less\">Hide Full Review<\/button><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-3 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-btn-wrapper align_center\"><a class=\"w-btn us-btn-style_1\" href=\"https:\/\/www.plus500.com\/Trading\/Forex?id=126824&amp;pl=2\" target=\"_blank\" rel=\"noopener\"><span class=\"w-btn-label\">Open Account<\/span><\/a><\/div><div class=\"wpb_text_column us_custom_1802e5f9\"><div class=\"wpb_wrapper\"><p style=\"text-align: center;\">&#8220;76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.&#8221;<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_middle type_default stacking_default\"><div class=\"vc_col-sm-2 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-image us_custom_56ec15a9 align_center\"><div class=\"w-image-h\"><img width=\"150\" height=\"150\" src=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-3-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-3-150x150.png 150w, https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-3.png 256w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-10 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"g-cols wpb_row us_custom_2266a77f via_flex valign_middle type_default stacking_default\"><div class=\"vc_col-sm-3 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-image us_custom_9cf479d2 align_center\"><div class=\"w-image-h\"><img width=\"150\" height=\"150\" src=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/Trading-212-logo-300x300-1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/Trading-212-logo-300x300-1-150x150.jpg 150w, https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/Trading-212-logo-300x300-1.jpg 300w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-6 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column with_collapsible_content\" data-content-height=\"140px\"><div class=\"wpb_wrapper\"><h3>Runner Up<\/h3>\n<h4>Our Rating:<strong> 8.5\/10<\/strong><\/h4>\n<p>Account Minimum: <strong>1$<\/strong><br \/>\nFees Per Trade: <strong>low<\/strong><\/p>\n<h3>Pros &amp; Cons:<\/h3>\n<h4><span style=\"font-weight: 400;\">Pros<\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Commission-free stocks and ETFs and low CFD fees<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Allows trading with real stocks and ETFs if you open a Trading 212 Invest account<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">No fees for deposit, withdrawals or inactivity<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A minimum deposit of $1 for CFD accounts and $10 for Invest or ISA Accounts<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Very easy and simple to open an account versus other platforms<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Good selection of base currencies to have your account balance in<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Well designed and user-Friendly<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Good customizability<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Clear portfolio and fee reporting<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Price alerts on mobile<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Good access to cryptocurrencies and commodities<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Great charting tools for technical analysis]<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Great Demo account and quality educational videos to teach trading<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Regulated by the UK\u2019s Financial Conduct Authority<\/span><\/li>\n<\/ul>\n<h4><span style=\"font-weight: 400;\">Cons<\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Limited product range<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Very basic tools for fundamental analysis<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">No\/poor quality access to news and research<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">No two-step login security<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Cannot set the level of leverage in the application<\/span><\/li>\n<\/ul>\n<h3>Trading212 In-Depth Review<\/h3>\n<p><span style=\"font-weight: 400;\">Trading212 is another widely-used service that provides one of the best trading platforms targeted to users who are cost-conscious and don\u2019t want to be hassled by fees over and over again.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It charges no commission on its trades such as with CFDs and ETFs and even gives you access to real stocks whereas other brokers would only offer CFDs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Its platform, in both versions of desktop and mobile, is extremely user friendly and customizable to your preferences.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Trading212 also takes care to provide a lot of educational resources for traders to learn all there is to know about trading and how it works. This makes life a lot simpler if you\u2019re not too comfortable with how everything works yet. They even provide a great demo account for you to try things out without risking any real money.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Past the beginner level, Trading 212 also gives a lot of tools, such as in charting, to allow for technical analysis, but doesn\u2019t provide many resources for fundamental analysis.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When it comes to account and administrative fees, Trading212 is very unique in that they don\u2019t charge any inactivity fees, nor do they charge withdrawal fees. This, in addition to having a very low deposit minimum, really makes Trading212 very cost-friendly versus other brokers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the other hand, it could be criticized that its product range is limited, and access to news and research tools for fundamental analysis is limited.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Overall though, Trading212 is a solid platform with few and low fees versus other brokers and has a solid amount of features, access to products, and educational content for you to trade happily with.<\/span><\/p>\n<\/div><div class=\"toggle-links align_none\"><button class=\"collapsible-content-more\">Show Full Review<\/button><button class=\"collapsible-content-less\">Hide Full Review<\/button><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-3 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-btn-wrapper align_center\"><a class=\"w-btn us-btn-style_1\" href=\"#\"><span class=\"w-btn-label\">Open Account<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_small\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_middle type_default stacking_default\"><div class=\"vc_col-sm-2 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-image us_custom_56ec15a9 align_center\"><div class=\"w-image-h\"><img width=\"150\" height=\"150\" src=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-3-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-3-150x150.png 150w, https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/medal-3.png 256w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-10 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"g-cols wpb_row us_custom_2266a77f via_flex valign_middle type_default stacking_default\"><div class=\"vc_col-sm-3 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-image us_custom_9cf479d2 align_center\"><div class=\"w-image-h\"><img width=\"150\" height=\"150\" src=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/download-6-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/download-6-150x150.png 150w, https:\/\/fundgecko.com\/forex\/wp-content\/uploads\/sites\/11\/2020\/09\/download-6.png 225w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-6 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column with_collapsible_content\" data-content-height=\"140px\"><div class=\"wpb_wrapper\"><h3>Runner Up<\/h3>\n<h4>Our Rating:<strong> 8.3\/10<\/strong><\/h4>\n<p>Account Minimum: <strong>500$<\/strong><br \/>\nFees Per Trade: <strong>medium<\/strong><\/p>\n<h3>Pros &amp; Cons:<\/h3>\n<h4><span style=\"font-weight: 400;\">Pros<\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Provides access to full MetaTrader suite (MT4 and MT5), as well as the cTrader platform, giving you a varied selection of options depending on your trading style<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Respectable research base with market updates and analysis, streaming news, Trading Central, and an economic calendar<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The platform offers a seamless trading experience offering good functionality and a variety of trading tools<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Good customer service with fast response times<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Globally regulated by multiple institutions including the UK\u2019s Financial Conduct Authority<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">No fees charged by FXPro for deposits or withdrawals (subject to conditions)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Fast sign-up process<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Good access to currency pairs and other Forex market products<\/span><\/li>\n<\/ul>\n<h4><span style=\"font-weight: 400;\">Cons<\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The mobile app doesn\u2019t allow you to make trades, but instead just account management and access to news and market rates<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Spreads are just average in most things versus other brokers, but depends on the product<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The educational content on trading is good as an introduction, but it is quite limited.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Limited amount of shares to trade with<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The research updates could be more in-depth<\/span><\/li>\n<\/ul>\n<h3>FxPro In-Depth Review<\/h3>\n<p><span style=\"font-weight: 400;\">FXPro is another great platform that offers No Dealing Desk (NDD) trading execution and is seen as one of the best brokerages available today.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They provide access to multiple trading applications such as MetaTrader (MT4 and MT5) as well as their own white-labeled version of cTrader, an excellent trading platform for researching and executing trades at a low cost.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They are regulated by multiple entities including the UK\u2019s FCA, meaning that security and peace of mind are very much a thing with FXPro.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In terms of costs, while the spreads are average, no commissions are charged on non-leveraged trades and there are no withdrawal or deposit fees as long as you follow their terms and conditions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The research they provide is respectable with market updates, analysis and so on, but what makes them shine is the access to Trading Central. This gives you access to an excellent stream of research and trading ideas, though the analyses themselves could a bit more in-depth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The educational content is great for introducing traders to concepts and strategies, especially with a dedicated section to psychology, which is often a big hurdle for traders to get an understanding of.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the overall content is perhaps a bit limited, and they should definitely expand upon it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Overall though, FXPro provides a seamless experience when it comes to trading, offering a wide range of applications and content for you to conduct analysis and make trades with at a low cost. This makes them one of the most solid choices in the market as a preferred broker.<\/span><\/p>\n<\/div><div class=\"toggle-links align_none\"><button class=\"collapsible-content-more\">Show Full Review<\/button><button class=\"collapsible-content-less\">Hide Full Review<\/button><\/div><\/div><\/div><\/div><\/div><div class=\"vc_col-sm-3 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"w-btn-wrapper align_center\"><a class=\"w-btn us-btn-style_1\" href=\"#\"><span class=\"w-btn-label\">Open Account<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"l-section wpb_row height_medium\"><div class=\"l-section-h i-cf\"><div class=\"g-cols vc_row via_flex valign_top type_default stacking_default\"><div class=\"vc_col-sm-12 wpb_column vc_column_container\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\"><div class=\"wpb_text_column\"><div class=\"wpb_wrapper\"><h3><span style=\"font-weight: 400;\">What should I look out for in a trading platform\/brokerage?<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">If you\u2019re on this page, you can probably guess that finding the best trading platform can be quite difficult since there are so many and it\u2019s hard to tell the difference between them. Which platform is the best for you will also depend on what you\u2019re looking for.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But the key things you should look out for and think about are these:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Search functions<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Good access to research tools and news data (to help you better choose your investments)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Low or no commissions (nowadays you should really only be going for commission-free platforms unless they offer something really good that is specific to what you want)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Price alerts and notification systems<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Good selection of and access to multiple different stock listings and indexes<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Good portfolio analysis and reporting<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Costs involved in international trading (e.g if you are a European trader\/investor buying shares from a US exchange<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Functionality on mobile and multiple devices<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The simplicity of the platform if you\u2019re new to trading\/investing.<\/span><\/li>\n<\/ul>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false},"acf":[],"_links":{"self":[{"href":"https:\/\/fundgecko.com\/forex\/wp-json\/wp\/v2\/pages\/137"}],"collection":[{"href":"https:\/\/fundgecko.com\/forex\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/fundgecko.com\/forex\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/fundgecko.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fundgecko.com\/forex\/wp-json\/wp\/v2\/comments?post=137"}],"version-history":[{"count":37,"href":"https:\/\/fundgecko.com\/forex\/wp-json\/wp\/v2\/pages\/137\/revisions"}],"predecessor-version":[{"id":279,"href":"https:\/\/fundgecko.com\/forex\/wp-json\/wp\/v2\/pages\/137\/revisions\/279"}],"wp:attachment":[{"href":"https:\/\/fundgecko.com\/forex\/wp-json\/wp\/v2\/media?parent=137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}