Forex Broker Rankings 2021
Forex broker rankings and reviews to find the best trading platform
Top 3 Forex Brokers
Forex market is known as the most liquid market in the world and both institutional and retail traders are actively trading FX to make profits on their investment. If someone needs to trade online, it's necessary to find a trusted broker in order to have a successful journey in forex trading. As a help to find such a broker, we would like share some well known FX brokers with you.
| Rank | Broker | Details | Review | Visit Broker |
|---|---|---|---|---|
| 1 |  |
Min. Deposit: $5 Max. Leverage: 1:888 |
Review | Visit |
| 2 |  |
Min. Deposit: $1 Max. Leverage: 1:3000 |
Review | Visit |
| 3 |  |
Min. Deposit: Max. Leverage: |
Review | Visit |
Top 3 Binary Options Brokers
Binary options is a financial instrument which is popular among short term traders as they can make a pre defined profit at a pre defined duration. It is vital to choose a regulated and trusted binary options broker due to high number of scam brokers popped up recent years. We would like to list some of well known binary options brokers as a help to choose a good one.
| Rank | Broker | Details | Review | Visit Broker |
|---|---|---|---|---|
| 1 |  |
Min. Deposit: $10 Max. Payout: 100% |
Review | Visit |
| 2 |  |
Min. Deposit: $10 Max. Payout: 92% |
Review | Visit |
| 3 |  |
Min. Deposit: $10 Max. Payout: 90% |
Review | Visit |
Top 3 Cryptocurrency Exchanges
Although cryptocurrency is a new asset class, its adoption getting increased day by day. Bitcoin which is the most popular crypto asset is now becoming the digital gold for most of investors. In order to buy or trade these digital assets, traders or investors have to find a reliable cryptocurrency exchange. Our effort is to help you to find the best cryptocurrency exchange to trade these new digital assets
| Rank | Broker | Details | Review | Visit Broker |
|---|---|---|---|---|
| 1 |  |
Min. Deposit: Max. Leverage: |
Review | Visit |
| 2 |  |
Min. Deposit: Max. Leverage: |
Review | Visit |
| 3 | |
Min. Deposit: Max. Leverage: |
Review | Visit |
CFD
What are CFD's
Contract for Difference is a financial instrument which you predict the price movement of a particular asset and place your buy or sell order without having the ownership of the underlying asset.
Learn MoreFees with CFDs
Depending on the CFD broker you choose, the fees associated with CFD trading will differ. Usually, a broker will charge a spread or a fixed commission and there will be a overnight funding fees each day until you close the trade
Learn MoreCFD vs Binary Option
You do not own underlying assets with both these instruments. However, with binary options there is a pre-determined time frame where trade automatically expire with a pre-determined profit or loss while there is no such time limitation or pre-determined profit with CFDs
Learn MoreForex Trading by Country
India
With no doubts, India is becoming a very popular country that accounts for a considerable portion of online forex traders in Asia. Some forex brokers already offering localized features such as local payment methods and Hindi language to support Indian traders
Nigeria
This is one of the fast growing economy in African region where a large number of traders are looking for best online brokers with wide range of payment methods and lower fees that suitable for them
Malaysia
Malaysia can be considered as another Asian country that has an active online trading community specially for FX trading. There are several brokers that supports Malaysian traders with SWAP-free Islamic trading accounts and fast deposit and withdrawal methods
Binary Options Trading by Country
Egypt
This is an African country that has a very large binary options traders community. Considerable number of traders in Egypt are looking for brokers with easy payment methods and payouts to enhance their trading experience.
India
Again, we cannot omit people who are in search for best binary options brokers in India that offer local payment methods, better payouts as well as higher payouts
Indonesia
When it comes to Indonesia, this country has a large number of binary options traders and we can find that several brokers already serving them with lot of features including support with Indonesian language and local payment methods
How to Find a Good Broker
Whether you are trying to trade Forex, CFDs or binary options, finding a trusted online broker for online trading is not going to be an easy task. In order to find such a one, you have to go through a thorough analysis. However, we would like to let you some factors that could help you in your analysis.
Regulated Broker - This could be the most important factor that you have to aware. Although, you can find a large number of online brokerage firms, when it comes regulated brokers you may ending up with few brokers because not all brokers are under the regulation or supervision of local regulatory agencies. For an example, a Malaysian trader is not under the protection of local regulators with a broker that is only regulated under CySEC. Therefore, in order to become a trader protected by local laws and regulation, you have to find a broker that is regulated under the local regulatory agencies.
Reputed Broker - It could be even more difficult find a broker which is regulated as well as earned a considerable reputation among the traders. Sometimes, we hear that even regulated brokers are getting fined by regulatory agencies due to fraud and malicious acts done by brokers.
User-friendly platform - When it comes to trading online, it is essential to have a user friendly trading platform with all the basic functions, easy and around the clock access to the platform with no issues.
Deposit and withdrawal methods - Another important factor is that you should be able to deposit and withdraw funds with the most convenient methods for you. If you do not find a payment method that you can deposit and withdraw, there is no point of using such trading platform.
Customer support - You may arise issues, questions and feedback that need to be addressed by the broker. Therefore, it is important to choose a broker that has a good customer support with various methods such as email support, live chat support and phone support.
Trading and Analytical Tools - Use of trading and analytical tools is essential for experienced traders to have a better profits and lower risk. Therefore, this is another factor that a trader should consider when choosing a broker whether they provide the tools that you are using.