Best Forex Brokers 2014
(Updated On : Thursday 3rd April 2014 )
On this page, we present the current best brokers that are our personal favorites, based on various factors like trading platform features, type of accounts, spread and bonus offered, customer service quality, regulation and stability etc.
Quick Take: eToro is highly recommended social investment network specially for beginners. With eToro Openbook, traders can learn and follow other forex trading experts.
- Access to world’s largest social investment network (Openbook),
- High leverage ratio 1:400,
- Low min. deposit of $50,
- Tight spread as low as 2 pips for major currency pairs,
- Demo account to participate in real market environment,
- Copying other forex trading experts with CopyTrader
Bonus & Promotions: $20 Gift Card (no deposit needed) Visit eToro »
Quick Take: AVATrade (AVAFX) has too many exclusive features and offers for various types of traders. Their low spread offer with a small initial deposit is truly an advantage for beginner forex traders. They allow leverage up to 1:400 which is another advantage to avoid a margin call and increase profitability.
- Reputed and reliable forex broker,
- Attractive promotions and bonus offers,
- Multiple stable and reliable trading platforms,
- Low spread offer,
- Wide range of trading tools,
- Comprehensive educational resources,
- Quite impressive leverage ratio up to 1:400
Bonus & Promotions: Up To $5,000 Bonus on new account Visit AVATrade »
Quick Take: HotForex offers fast and easy withdrawal process which attracts more and more traders to trade with them. Advanced trading platforms and forex education corner have made this broker popular for newcomers.
- $5 Min deposit
- High leverage ratio (maximum 1:1000),
- Wide range of trading instruments with low spreads,
- Various trading platforms,
- Comprehensive customer support
Bonus & Promotions: 100% Credit Bonus + 30% Rescue Bonus Visit HotForex »
Quick Take: XeMarkets (XM) have many advantages over other forex brokers. Their efficient execution and no re-quotes strategy have made them an unique broker in the forex market.
- Various trading platforms,
- High leverage up to 1:888,
- 30% bonus on deposit (up to 10,000 USD),
- Highly efficient trade execution rate which is 99.35%,
- No rejection of trades (100% execution),
- Very strict to maintain and provide fast trading without any re-quotes
Bonus & Promotions: 100% bonus on initial deposit Visit XM »
Quick Take: UFXMarkets is a reliable broker with lots of special features like fixed spread trading opportunity with a wide range of trading instruments. Their one-click trading helps the trader to execute their trading decisions quickly.
- Fixed spread,
- Stable and advanced Meta trader 4 trading platform,
- Daily forex news video,
- Ask the broker feature
Bonus & Promotions: 30% bonus on initial deposit Visit UFXMarkets »