Forex Brokers are trading service providers that allow traders to use their platform to trade in the forex trading network. Choosing a platform for starting your forex business is essential for any trader. Pick a forex broker that would give a trading experience in the network that will satisfy your forex business needs. Compare the features and trading options for various trading capabilities based on your strategic planning.
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[brokers]The Proven List of the Best Forex Brokers
We are presenting you with the ultimate list of brokers who are leading the forex trading industry right now. We are mentioning those brokers who are regulated and licensed by the rightful authority that controls the broker to save the traders’ interest. Let’s discuss a brief about them.
IQ Option
IQ Broker broker is a sister concern of IQ Brokers Europe Ltd. The mother company is Cyprus based on a renowned financial service provider. The Cyprus Securities Exchange Commission (CySEC) controls and regulates IQ Broker foreign currency trading company. In addition, IQ Broker Europe Limited is licensed by the European Economic Area (EEA). CIF license number of the company is license #247/14.
The IQ Broker started the journey in the forex trading industry in 2013 with an offer that allows traders to start their business with a minimum investment of $10. It enables massive accessibility to beginner trader with a small budget that made them popular within a short period of time. They also offer a free forex demo account for anybody who wants to practice before go live and start real-trading on the Forex. Read the complete IQ Broker Review here
Deriv.com
Deriv.com is one of the most popular forex trading platforms that was rebranded from the company named betonmarkets.com in 2013. It is the sister concern of the Regents Market Group, which is also a financial service provider based in Malta. It allows traders to do buy/sell on the forex market, including cryptocurrency, CFDs, and other financial platforms.
After rebranding, Deriv.com started its journey on forex.com and gained the trust of millions of successful traders online. Their well-performing service that enables massive opportunities to their existing traders and attracts new traders to use their platform. Positive reviews from their clients made them the most recognizable forex trading broker in the industry.
They are authorized as category three (03) investment service providing company by the Malta Financial Services Authority, and their official license number is IS/70156. We have a complete
review of their trading platform, including features that will help you understand the platform very well. Read the review here
24 option
The Rodeler Ltd brought 24option Broker on the forex trading platform in 2008 as a binary options broker. However, after a long journey since then, they are now managed to establish themselves as one of the most reputed CFDs and forex trading brokers in the industry. They are located in Cyprus, and they are doing business under the European Economic Area (EEA), but they have alternative options for traders outside of EEA.
Richfield Capital Limited is a company owned by 24option Broker, providing trading service for traders from outside EEA, and they are located in Belize. They are one of the most reputable forex trading service providers so traders from outside EEA are finding them reliable. The company believes in quality service, and they offer a minimum deposit of $250.
Their platform is capable of operating trade in different financial platforms including, CFD, Forex, Crypto, and Stocks. We have a complete review of the company 24option Broker, and you can read it here.
Binomo
Binomo Broker started their journey in 2014 with a minimum deposit of $10 and a minimum trading opportunity of $1. They also started their journey as an options broker, but now their service expanded as forex trading, CFDs, Crypto trading, and the list goes on. They build an authentic forex trading service provider for their quality services and get popularity without being regulated by any regulator yet.
However, they are trying to get licensed and regulated by CySEC, and currently, they are working under the control of FinaCom. The most exciting thing is that they are providing service as a category “A” broker due to their credibility of service, and their clients are satisfied with their services. We have a complete review of the Binomo forex broker, and you can read it here.