Forex broker List

  • HotForex

    HotForex

    • Posted: Sep 07, 2016
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    Review of HotForex
    Operated by HF Markets (SV) Ltd, HotForex is a broker that is based in the St. Vincent and the Grenadines and regulated and authorized by the Securities and Exchange Commission (CySEC) under license number 183/12. The broker HotForex is also regulated by the Financial Services Commission (FSC) of the Republic of Mauritius.
     
    HotForex is a Broker that also offers Contracts for Difference (CFD’s) and trades in stocks, commodities, and indices. This is one of the fastest growing and largest brokers in the forex industry and they have almost one million clients.
     
    HotForex is a leading online forex platform that has been recognized for providing traders with a dynamic and potentially highly profitable trading experience. HotForex employs a number of experienced IT and financial market specialists, and they have designed their platform from the very beginning to the very end.
     
    It is very fast and easy to withdraw your profits with HotForex. You do not need to pay any fees for transferring the funds to your bank or eWallet. Unlike some brokers, HotForex does not impose any commission, or hidden fees on its traders. If you are trading with this broker, you keep 100% of your profits.
     
    HotForex Review – Trading Platforms
    HotForex offers a simple, easy to operate trading platform, with no complexities; designed for both beginners and professionals alike. The advanced HotForex trading platform was developed to fulfill the needs and necessities of all traders.
     
    HotForex offers the well-known MetaTrader 4 platform to its traders. This is available in a downloadable version and is also accessible through desktop computers and all mobile devices including; iPhones and Android phones. The MT4 platform was developed by MetaQuotes Software Corporation in 2000 and quickly became the most popular trading platform in the financial industry. The dynamic and user-friendly platform provides traders with a powerful range of features and tools that are fully customizable to the individual trader.
     
    In addition to MT4, this broker also offers its clients access to the HotForex Web-Terminal. The HotForex Web-Terminal platform is at the forefront of online trading. HotForex’s platforms are specially designed for its traders to offer unique and fastest execution opportunities under any market conditions. It is possible to switch from one version to another without any difficulty.
     
    No Information Overload
    HotForex has been able to achieve a significant market share just because they keep everything very simple. There is no “excess information” here, as there is with other forex brokers. No need to switch between browser tabs looking for information. This is an advantage for beginners in Forex trading who may certainly be confused by all the different terms.
     

    OPEN A FREE HOTFOREX TRADING ACCOUNT!

     
    HotForex Trading Accounts
    HotForex offers nine (9) different type of trading accounts. The account types, which are determined by the; deposit amount, spreads, trader’s experience and other trading conditions. Furthermore, the company offers an unlimited free demo account so that beginners can sharpen their skills without risking their own funds, and is something of a rarity among even some of the most popular Forex brokers.
     
    HotForex’s nine trading account types are;

    • Micro
    Premium
    • Zero
    • Currenex
    • Fixed
    • VIP
    • Auto
    • PAMM
     
    a) Micro Account: Traders can start trading Forex market with a minimum deposit of only $5 with this Micro account. This account also comes with a maximum leverage of 1:1000 and ‘Variable’ spreads that starts from as low as 1 pips.
     
    b) Premium Account: This account is for traders who can start their forex trading career with a minimum amount of $500. In this account, traders are eligible to trade the forex market using the maximum leverage of 1:400, and enjoy the feature of Variable spreads that starts from as low as 1pips.
     
    c) Zero Account: With a minimum deposit of $100, traders can trade the forex market with ZERO spreads under this account.
     
    d) Currenex account: The next HotForex account type is the Currenex account. This account requires a minimum deposit of $500. Traders at this level will receive Variable spreads that start from 0.2, and a maximum leverage of 1:400.
     
    e) Fixed Account: The highest of the HotForex account types is the Fixed account, for those who want to trade under ‘Fixed Spread’ trading conditions.
     
    f) VIP Account: In order to be eligible for a VIP account, a minimum deposit amount of $20,000 is required. Spreads are variable, starting from 0.2 pips and the maximum leverage is 1:400 under this trading account. For traders interested in opening a Fixed account, it is recommended that they contact the ForexGator.com support team for; special trade lot sizes, spreads, commissions, margin calls and instant withdrawals.
     
    Each account comes with a personal account manager, instant execution, flexible deposit options, 50+ tradeable assets including currency pairs, indices, and commodities. Of course, all accounts have 24/7 customer service in multiple languages by; email, phone, or live chat.
     

    OPEN A FREE HOTFOREX TRADING ACCOUNT!

     
    Demo Account
    The practice account is the demo account. This is a risk-free practice account, which allows traders to practice forex trading without having to deposit any funds. Traders are eligible to use this account to try out the broker’s; web platform, mobile platform and desktop platform. With this account, traders are able to experience trading the forex market with a $100,000 virtual balance.
     
    Commissions and Spreads
    HotForex charges no commissions to deposit and withdraw your funds. However, their spreads are as low as 0.5 pips on the majors, for trades they undertake on behalf of their clients.
     
    Reliability
    While trading with this welcoming broker, traders have nothing to be worried about since the broker is regulated by the CySEC; in addition, HotForex is registered with the Cypriot Investment Firm (CIF). With its simple trading platforms and secure trading environment, investors grow confident when dealing with HotForex.
     
    Moreover, the broker HotForex is absolutely safe, using SSL encryption to keep all of your personal information safe during all transactions. As soon as you register and make your initial deposit with HotForex, you will immediately get a call from your personal broker who will help and guide you to maximize your profits.
     
    Education and Training
    This broker dedicated part of their staff to making useful and advanced educational materials available to their traders; providing guidance in the process of turning their beginning traders into professional traders in a short amount of time. HotForex has a wealth of information available in their Education Section including; free video tutorials, webinars, 1-on-1 training, forex courses and a well-organized FAQ. This way you will be able to understand the market like a professional and take advantage of fluctuations, because in the forex trading world, knowledge really matters.
     

    OPEN A FREE HOTFOREX TRADING ACCOUNT!

     
    Customer Support
    Their customer service is praiseworthy. HotForex’s website supports twenty-five different languages. Our HotForex review revealed that the broker has a standard set of online contact options. Contact phone numbers and E-mail addresses are displayed along with a contact form.
     
    In addition, a live chat system is also available on their website. Dedicated phone numbers are accessible for clients from all over the world. Other than these, HotForex provides ‘Toll-Free’ numbers for international traders, which is definitely a plus. No matter where you are located, it is easy and free to contact HotForex. Overall, we found the customer support at HotForex excellent, with many different contact methods and no hold times once connected.
     
    HotForex Review – Regulation
    As for trustworthiness, when you are choosing a broker it is important to check if they are regulated, and if so, by whom. In this case, HotForex is regulated by the CySEC in Cyprus, which is one of the most respected financial regulatory bodies and by the Cypriot Investment Firm (CIF) in Europe. These are very prominent organizations. Traders may rest assured knowing their funds are secure with HotForex.
     
    Banking Options: Deposit and Withdrawal
    When it comes to funding your account, HotForex has many different payment options including; debit and credit cards, wire transfer, Skrill, UnionPay, WebMoney, and Neteller. Sorry to say, PayPal is not supported.
     
    Deposits can be done through a wide selection of safe and trusted payment methods, in a number of different currencies. When you request for a withdrawal, funds are simply transferred to your preferred account in the currency of your preference and through the process most suitable to you. This makes the process safe, simple, and quick. HotForex is dedicated to the highest level of security when sending out your payments.
     
    Conclusion
    There are hundreds of brokers out there in the Forex industry today. What is shocking is that many make no effort to become regulated by the strong financial authorities, which does create some question marks about their reliability. However, it is always reassuring when you deal with a broker such as HotForex which is regulated by some of the highest authorities in the world.
     
    We were extremely happy with the withdrawal process at HotForex. The process was quick and easy. As soon as our review team provided the necessary documents, the withdrawal was completed within 24 hours. So, go ahead, open an account with HotForex – this is one of the best brokers in the forex industry, no doubt about that.
     

    OPEN A FREE HOTFOREX TRADING ACCOUNT!

     

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  • LMFX

    LMFX

    • Posted: Sep 07, 2016
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    • Comments: 0

    US TRADERS WELCOME!
    LMFX Broker is a relatively new international online retail broker founded in 2015 and belongs to the group of ‘Fastest-Growing’ forex brokers. They also accept US traders which is not all that common and traders from all regions including USA can take advantages from this broker.
     
    LMFX.com is one of the ‘Rising Forex brokers’ with almost no negative reviews at all and has lots of choices, both in regards to account types and trading platforms. This broker is a very typical broker and works as a Market Maker with the variable spreads that go with it. LMFX is one of the industry’s top forex brokers that have chosen to stay “Unregulated” with the confidence that this would be the finest way to provide the best deals, promotions and trading conditions to their beloved traders.
     
    With the belief in mind “Commitment to Excellence” LMFX belongs to the group of major Forex Brokers. They have had very strong growth since they were founded. In my opinion they cater mostly to Discretionary Traders or so called Position Traders, who trade daily or 4H charts. However, if you are a High Frequency Trader or Scalper this broker offers exclusive trading features for you too. No matter which kind of trader you are, this broker is a great broker since they are pretty straight forward, offer good support and training through their dedicated education center. If you are new to the Forex trading market, then LMFX.com can be a good choice since they will help you with the basics until you can stand on your own legs.
     

    OPEN A FREE LMFX TRADING ACCOUNT!

     
    Trading Conditions
    The trading conditions with LMFX.com are typical for a Market Maker although they offer both fixed and variable spreads. LMFX offers a different approach in terms of spreads of the individual products. In order to make this clear and transparent to all traders, they have listed them up in a table so that at a glance you can compare the structure of each.
     
    If you are a trader with a strategy that explicitly avoids major market events, then a variable spread is better since your profit will be larger (and losses smaller). For a beginner, fixed spreads can be better due to the problem with keeping track of everything that is happening in the markets, and you can also trade with a Zero Spread account if you prefer to skip the strain of ‘spread terms’ and go with fixed commissions on the major and minors.
     
    The spreads are at 1.2 for the EUR/USD on ‘Premium Spread’, 1.8 on ‘Fixed Spread’ accounts which are fairly competitive. They also claim as low as 0.2 spread on ‘Zero Spread’ account but since this is a new platform that remains to be seen if it really that good. If it is then the LMFX Trade platform might be one of the better choices for a Position Trader.
     
    What is more important in order to consider this broker as good is quick execution and as we have been able to check it, the execution is great. LMFX is simple and easy to use and if your trading strategy allows, it is the preferred choice for a newbie trader. To make money trading Forex doesn’t mean it has to be complicated, simplicity is usually the better option and then this broker is a good choice.
     
    Account Types
    With LMFX.com you can choose between three different platforms:
    Premium account
    • Fixed account, and
    • Zero account
     
    The premium account has been wisely designed to meet the trading requirements of individual forex traders and with the tiniest trade size starting at 0.01 lots, and comes with Competitive Spreads feature. You can open a premium account with as little as a $50 and be allowed to trade with the MetaTrader, WebTrader and Mobile Trading platforms.
     
    LMFX fixed account is the ideal solution for traders who wish to trade with fixed spread conditions. Since you are aware of the spreads prior to executing an order, this account lets you have better control over your trading and increase trading accuracy when calculating positions. You can open an account to grab these features with a minimum deposit of only $250.
     
    LMFX zero account is a low-cost trading account that offers NO hikes but comes with super-tight spreads starting from 0.0 pips! With a minimum deposit of $100 only, you can trade on Interbank spreads with this zero spread account and decrease the cost of your trading. This account type is absolutely suitable for the scalper and high frequency trader.
     

    OPEN A FREE LMFX TRADING ACCOUNT!

     
    Trading Platforms
    LMFX offers two different types of trading platforms for its traders. The most popular and worldwide recognized MT4 (MetaTrader 4) which is the industry standard and the LMFX WebTrader, which is a web based trading interface. Personally, I don’t like MT4 and you would understand it if you have tested and traded with as many trading platforms as I have. The amount of learning involved to use MT4 properly is massive, not including learning to program your own EAs (Expert Advisers). LMFX, on the other hand, might not have all the bells and whistles but offers an ultra-modern web based interface that is intuitive to use. If you are a novice trader go with the WebTrader which is easier to learn and spend more time developing your trading strategy and learning it well. That’s the way to make money, not through some fancy program.
     
    LMFX.com also offers mobile trading platforms for traders to trade the forex market while on the move. The iPhone Trader, iPad Trader, and Android Trader will let you take full advantage of forex market and make money from anywhere with internet access on your device.
     
    General Impression
    Since this is an ‘Emerging Forex broker’ with many positive reviews in the industry, it is pretty easy to get an impression of this Forex broker. There are minimal negative reviews of this broker, showing the security and customer service of the broker to be of the highest level. The execution is ‘Top Notch’ and there are no other issues with this broker that will decreases your trading experience.
     
    There are a number of reasons why this broker became so renowned and successful, but perhaps the most significant one is the fact that your trading experience with LMFX broker will be totally safe and astonishing.
     
    This has been made possible by the company’s cutting-edge Pro platform with a multitude of trading assets and tools, exclusively tailored account packages, secure deposit and withdrawal options, and dedicated account managers.
     

    OPEN A FREE LMFX TRADING ACCOUNT!

     
    Banking – Deposit and Withdrawals
    LMFX is dedicated to the highest level of security when sending out your payments. In addition, deposits can be done through a wide selection of safe and trusted payment methods, in a selection of different currencies. When you request for a withdrawal, funds are simply transferred to your preferred account in the currency of your preference and through the process most suitable to you. This makes the process safe, simple, and quick.
     
    Wire Transfer:
    • Deposit: minimum deposit amount for wire transfers is 250 USD/EUR and it takes 2-7 working days to get your funds deposited into your account.
    • Withdrawal: minimum withdrawal amount is 100 USD/EUR and through this process, it takes 2-7 working days
    (depending on your bank) to get your funds deposited into your bank account.
     
    VISA / MasterCard:
    • Deposit: you can make a minimum deposit of 50 USD/EUR using your card to start trading with LMFX. This takes maximum of 30 minutes to be credited to your account.
    • Withdraw: 10 USD/EUR is the minimum required amount to make a withdrawal from your trading account to your card. Depending on your card provider, this will take 2-10 business days to complete the process.
     
    Skrill / Neteller / FasaPay:
    • Deposit: Deposits are done instantly with this method and the minimum amount required is 50 USD/EUR.
    • Withdraw: Same business day withdrawals are possible using these methods and minimum withdrawal amount is $10 USD/EUR. Withdrawal requests before 10:00 AM server time, are handled on the same business day, otherwise, you’ll have to wait for the next business day.
     
    Training/Support
    On this part, LMFX.com is good. We can neither fault the training provided or the support. Since training is important, emerging brokers like LMFX.com have the resources to create a complete educational library catering to the needs of their clients. Support is also very good and it is easy to get hold of someone for questions. This broker is a very reliable.
     
    One of the strong points with this broker is the training and support. The training is extensive and is indicative of a well-established broker. There are video tutorials, trading tools, an economic calendar, and an extensive section of market analysis with in-depth market updates. Support is also top-notch and available in many languages with well-educated personnel. You can have your support in many methods that include; contact through web form, call them from your mobile, direct email to CSR, sales or PAMM department and the US Toll Free Line dedicated for traders from USA. We recommend the phone since they don’t put you on hold for long and if you are a trader from USA; you can easily use the toll-free number.
     
    Final Verdict
    In the conclusion, we believe LMFX to be a great broker, especially in today’s marketplace, with most new brokers trying to scam traders. LMFX’s features speak for themself. If you are new to Forex trading this could be a great broker to start with since they have exceptional training and support. It’s a straightforward broker and although they do offer an ECN alternative, it’s not viable for most aspiring traders.
     

    OPEN A FREE LMFX TRADING ACCOUNT!

     

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  • XM

    XM

    • Posted: Sep 06, 2016
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    XM is a popular name in the world of financial trading. The brokerage was founded in 2009 and is a licensed and regulated by many organizations. Since their foundation, they have earned an outstanding reputation among traders and it is still growing day by day.
     
    XM is known for having a prompt and very professional support desk with 24/5 availability. The brokerage allows traders to join from around the world except from the US. Support agents are available on; live chat, phone calls, emails, plus all top social networks including; Facebook and Twitter.
     
    XM offers multilingual customer support in; English, Greek, German, French, Spanish, Russian, Italian, Chinese, Japanese, Bahasa Indonesia, Bahasa Malay, Hungarian, Polish, Hindi, Arabic, Korean, Czech, Slovakian, Portuguese, Bulgarian, Romanian and Dutch.
     
    What makes our experience with XM so unique and appealing is the fact that even if you do not have any experience with trading the forex market and are in need of training, XM is one of the only few serious brokers in the forex industry that offers training to all traders.
     
    XM REVIEW – REGULATION
    XM is authorized and regulated by the FCA, UK Financial Conduct Authority (registration number 705428). The broker is also regulated and supervised by the CySec, Cyprus Securities and Exchange Commission with CIF License number 120/10 and ASIC, Australian Securities and Investments Commission (license number 443670).
     
    As being one of the largest and most reliable brokerage houses in the forex industry, XM is registered with the following regulatory bodies:
     
    • United Kingdom: FCA ( Financial Conduct Authority )
    • Germany: BaFin ( Bundesanstalt für Finanzdienstleistungsaufsicht )
    • Spain: CNMV ( Comisión Nacional del Mercado de Valores )
    • Hungary: MNB ( Magyar Nemzeti Bank )
    • Italy: CONSOB ( Commissione Nazionale per la Società e la Borsa )
    • France: ACP ( Autorité de Contrôle Prudentiel )
    • Finland: FIN ( Finanssivalvonta Finansinspektionen )
    • Poland: KNF ( Komisja Nadzoru Finansowego )
    • Netherlands: AFM ( Autoriteit Financiële Markten )
    • Sweden: FI ( Finansinspektionen )
     

    OPEN A FREE XM TRADING ACCOUNT!

     
    XM REVIEW – TRADING PLATFORM
    The XM Company offers various types of MT4 for both Windows and Mac. The MT4 is also supported on Android and iPhone operating systems; which means the MT4 application will work with both smartphones and Tablet PCs. This is a web-based platform, so you can access it anytime from anywhere. In fact, with a single trading account, you can access 8 platforms in a row.
     
    The trading platform is designed for both newbie and experienced traders. The simple design ensures that, no one will experience any difficulty while trading.
     
    Both real and demo accounts, XM traders can trade on as many as 8 different trading platforms that support; market, stop, limit, and trailing orders; simply accessible from 1 account. This accelerates trading processes and offers traders great flexibility to trade from everywhere and at anytime with no difficulty.
     
    The available trading software is as follows: XM MT4, XM Web Trader, XM MT4 Multiterminal, XM Mac MT4, XM iPhone Trader, XM Droid Trader, XM iPad Trader, and XM MAM Trader.
     
    XM REVIEW – ACCOUNT TYPES
    XM is offering three different account types;
    • MICRO Account,
    • STANDARD Account, and
    • Zero Account.
     
    In a MICRO Account, you will be able to trade with many base currencies. In this account, the contract size is: 1 lot equal to 1000; the leverage is 1:1 to 1:888; as Low as 1 Pip spread on all major pairs, and many more features.
     
    With the STANDARD account, the contract size is: 1 lot is equal to 100000; the leverage is 1:1 to up to 1:888; as Low as 1 Pip spread on all major pairs, 50 lot restriction per ticket and many other features.
     
    With the Zero account, you can trade Forex market with as low as 0 Pips spreads. However, you’ll be charged a small commission based on your trading conditions. You need to deposit a minimum amount of $100 with this account, the other features remain the same as a standard account.
     
    The minimum deposit amount for Micro and Standard accounts are both the same and both accounts can be registered with Islamic guidelines as Optional.
     
    XM Broker Review | Account Features
    • MICRO, STANDARD, and ZERO accounts with exceptional trading conditions
    • Possibility to trade with micro or standard lots
    • Unlimited access to MetaTrader4 and expert advisor trading
    • Free regular intra-day market updates as well as technical analysis
    • Same spreads conditions and execution quality for all account types
    • Multilingual client support and Private Account Manager
     

    OPEN A FREE XM TRADING ACCOUNT!

     
    Payment Methods
    XM supports a huge variety of payment methods. For Deposits, they accept various credit cards including; VISA, VISA ELECTRON, MasterCard, Maestro, Union Pay, XM MasterCard and Diners Club International. All of them support instant deposit except Union Pay (24 hrs). For electronic payments, you can use; SKRILL, NETELLER, WEB Money, SOFRONT Banking, PaySafe card and other options. They also support; Bank Wire Transfer, Local Bank Transfer, Western Union and Money Gram.
     
    To withdraw, you can use all the credit cards mentioned above. For electronic withdrawal, you can use SKRILL, NETELLER, FasaPay and Web Money. They also support bank transfer. However, there are some restrictions on withdrawing money, but they are offering a huge list of methods.
     
    Research and Education Facility
    XM provides education facilities to their customers. Their research analysis center always sends updates about the market trends, events and reports. With more than 20 professional traders, XM is dedicated to educating their customers and solving their trading problems.
     
    All of XM’s accounts have access to XM’s educational center that is considered one of the best features being offered today in the forex industry. The learning center offers many different features including Complete Video Tutorials for both Beginner and Experienced Traders alike, Free Webinars, Forex Seminars, and Forex A-Z Courses.
     
    With their PRO education center, XM regularly offers Forex Webinars, Video tutorials and seminars for their customers. This can help traders reduce their losses and earn maximum profits from trading. On the research zone, you can get the knowledge of Market reviews, Forex News, and Technical Analysis along with updates of currency market. In addition, if you are looking for some tools that can help you maximize your winning possibility, XM provides FX Signals, MQL5, Economic Calendar, and FX Calculators to its valued customers.
     
    Security and Customer Services
    XM is a regulated company that is licensed by many organizations. XM ensures the highest security with payment processing, while the entire company operates with SSL technology. Deposits and withdrawals are very fast and secure. The customer support at XM is outstanding. They are dedicated to providing quick solutions to their client’s problems. It provides the best opportunity for traders and that is why they are so popular among traders. They are one of the best brokers in the market.
     
    Traders will receive all of the necessary information and answers about; how to deposit and withdraw, technical problems and solutions or guidance on how to trade the forex market from the broker’s FAQ section. All of the basic information required for writing this review was obtained from the XM FAQ section.
     

    OPEN A FREE XM TRADING ACCOUNT!

     
    XM Broker Review | Spreads
    XM offers all traders, without exception, the same tight spreads for all account types and trade sizes, without charging any extra fees or commissions. They know the fact that tight spreads only make sense if traders can trade on them. That is why they attribute such a great importance to their execution quality. The 888:1 leverage offered by XM is totally unique in the industry.
     
    • Tight spreads as low as 1 pip on all major currency pairs
    • Over 60 financial instruments
    • NO commissions, NO hidden fees
    • The same spreads for all trading account types
    • Best execution policy
    • Fractional pip pricing
     
    XM Broker Review | Deposit and Withdrawal
    XM is one of the only brokers in the industry to guarantee same day withdrawals. Their withdrawal policy is detailed in their terms and conditions, which states you just need to verify your trading account and you are able to withdraw your funds and profits as often and as much as you like.
     
    XM doesn’t force its traders to deposit a minimum balance of $500 or more, like other brokers. The minimum deposit amount is $5 for electronic funding, including; credit cards, Moneybookers, Skrill and Neteller.
     
    You can deposit using Credit Cards and Electronic Payments, including; VISA, MasterCard, Maestro, UnionPay, Neteller, WebMoney, Skrill, Sofort, CashU and FasaPay. The broker also supports Western Union, and Bank Wire Transfers.
     
    FINAL THOUGHTS

    XM, being an established MT4 broker, is known to be reliable and professional. Their helpful and friendly staff assists online currency traders through their trading activity and the team is available 24 hours, 5 days a week.
     
    As a fully regulated online Forex broker, XM provides a number of features to their traders, including; numerous assets to be traded, fast withdrawals, professional customer support, secured deposits and user-friendly trading platforms. XM’s trading platform is perfect for both; beginners and experienced traders alike.
     
    On top of this, XM is consistently developing new ways to better its clients’ experience offering a fast and proficient service to all traders.
     

    OPEN A FREE XM TRADING ACCOUNT!

     

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  • eToro

    eToro

    • Posted: Sep 06, 2016
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    • Comments: Comments Off on eToro

    About eToro – Introduction
    eToro was founded in 2007, and has been recognized as one of the most reliable forex brokers in the industry. In last few years, this broker has won many awards, and instantly became a hit among financial traders. The broker claims to be the first international brokerage house for retail traders to trade currencies, indices, commodities, and CFD stocks.
     
    In recent years, this broker has expanded significantly, and now includes other types of financial instruments such as indices and commodities. Operating from its’ headquarters in London, United Kingdom, the company is committed to capture more online financial brokerage business by this year.
     
    With thousands of new traders joining every week, eToro holds the honor to be one of the largest financial brokers, offering innovative investment opportunities and empowering more than 4.5 million traders from over 170 countries around the world.
     
    With our experts’ help, in this eToro review, we will explain to you just what to expect from this broker to make your forex career more safe and profitable. All the most significant features will be thoroughly revealed, so you will realize exactly why this broker has been given such high respect by so many financial traders worldwide.
     
    Trading Platforms
    As an alternative to the common MT4 platform, eToro provides its traders a complete suite of online trading solutions, which give traders the opportunity to invest according to their specific needs. The broker offers 3 different platforms for its traders, eToro WebTrader, eToro OpenBook (Social platform) and Mobile Trader for trading on the go.
     
    eToro WebTrader
    100% unique online trading platform that you can use anywhere, without downloading the eToro’s desktop trading. The cleanest, easy to use, and most responsive web trading platform you’ll find, also includes various trading tools and community trading feature.
     
    eToro OpenBook
    Allows you to copy and learn the “hotshots” trade. This is best for newcomers who want to earn fast returns with no risks at all. All you have to do is search for the best trader, copy their investments and earn profits. It is as simple as that. Once you sign up with eToro, a lot of opportunities will unfold and you will be awed by it.
     
    eToro Mobile Trader
    And for multi tasking traders, eToro assists you daily trading via eToro Mobile Trader where you can continue to track your account in real time, anywhere you may be. Works perfectly on iPad, iPhone, Blackberry and Smartphone.
     

    OPEN A FREE eTORO TRADING ACCOUNT!

     
    Why eToro? eToro’s Advantages
    Innovative and Unique Trading Platforms
    Simplicity is important to any platform; allowing everyone to trade with ease. eToro prides itself with its very own proprietary platforms that provide flexible, advanced and an easy trading experience for any level of trader. Their platforms are also available in different versions which allow a trader to trade on financial markets from anywhere around the world using any devices they feel comfortable with.
     
    Social Trading
    Social trading is a special opportunity to those with limited knowledge and experience of financial markets. Allowing them to follow market analysis done by experienced traders or copy their trade positions. With eToro’s social trading network, a trader can find an experienced trader to learn from and copy his/her trading positions. Traders are also provided with a live chat messaging system to communicate with other traders, and discussion boards to share trading ideas with others.
     
    Responsible Trading
    eToro provides its customers with extensive ‘Responsible Trading’ features to make it easy to trade the forex market, such as, default leverage settings to assist traders with calculating their risk.
     
    Dedicated support manager for each trader
    For any level of trader, with any amount of investments, eToro provides dedicated account managers to support traders’ investment needs. Therefore, it is very easy to manage your funds, and make investment decisions with the help of your personal account manager while trading.
     
    • Opportunity to Learn and practice for FREE
    With an extensive forex academy, eToro offers video tutorials for its traders to learn and think like a Pro, analyze the market like a Pro, act like a Pro and trade like a Pro. In addition, this broker also provides a demo account with US $10,000 virtual funds allowing traders to practice, practice and practice before they begin their live trading career with their own funds.
     

    OPEN A FREE eTORO TRADING ACCOUNT!

     
    Trading Conditions
    Account Types:
    Standard account comes with many unique features that will help you with your trading and education, and you will also have the full accessibility of customer support. The account also includes 24/7 assistance from a dedicated account manager, as well as access to special trade lot, leverage and instant withdrawals upon request.
     
    Market Hours
    One of the key advantages of online Forex trading is that traders are eligible to trade 24 hours a day and five days a week. However, while trading with eToro, you must know when this broker offers trading services for its traders. Lucky that eToro has a special page from where we can easily know that trading market hours with eToro starts from Sunday 22:05 GMT+00 to Friday 21:30 GMT+00.
     
    Commission and Spreads
    In common with the rest of the industry, eToro does not charge any commissions for funds deposit or withdrawal on traders account. Also, spreads are fixed and variable depending on what type of trading account you choose. Unlike some brokers, eToro does not claim any commission, or hidden fees on its traders. If you are trading with this broker you keep 100% of your profits.
     
    Support and Services
    Our eToro review revealed that the broker has a standard set of online contact options. Contact numbers and E-mail address are displayed along with a contact form. As well as, answers for FAQ and numbers for a phone call are also available on their website. Dedicated phone options are accessible for clients from all over the world. Overall, we found the customer support options as excellent.
     
    eToro Regulation
    To consider a broker as reliable and authentic, it needs to have proper regulation and license with regulatory bodies. So, while reviewing eToro, we tried to find the truth if this broker is really regulated and a safe platform for any level of traders. Fortunately, from our investigation we revealed that eToro (Europe) Ltd. provides the trading services for eToro’s brokerage and that the company is registered with Cypriot Investment Firm (CIF) under the registration number HE20058.
     
    In addition, eToro Europe is also regulated and licensed by the CySEC (Cyprus Securities and Exchange Commission), one of the major regulatory bodies in the financial industry. Furthermore, Financial Conduct Authority (FCA) regulates the eToro UK under registration no 583263 and both eToro UK and eToro Europe follow the rule with the MiFID (Markets in Financial Instruments Directive). Therefore, as a regulated broker with so many regulatory bodies, we can trade forex with the full knowledge that our money is in good hands.
     
    Safety of Funds
    Before depositing our funds with this broker, we obviously have done proper research on eToro’s technical side to find out if our transaction is secured or not. What we found is, our account is absolutely private, safe, and secure. While depositing, transactions are processed through a Secure Socket Layer (SSL) technology, that confirms that any personal information you are sharing with this broker is kept safe and not being watched by any silent hacker.
     
    Banking – Deposit and Withdrawals
    eToro is dedicated to the highest level of security when sending out your payments. Also, deposits can be done through a wide selection of safe and trusted payment methods, in a selection of different currencies. When you request a withdrawal, funds are simply transferred to your preferred account in the currency of your preference and through the process most suitable to you. This makes the process safe, simple, and quick. Currently, eToro accepts deposits via; Visa, MasterCard, PayPal, Neteller, WebMoney, Skrill, and Wire Transfers.
     

    OPEN A FREE eTORO TRADING ACCOUNT!

     
    The PERFECT trading experience
    eToro ensures that all new and existing traders will have an amazing trading experience. All new members will enjoy the below competitive offerings from eToro.
     
    • Up to $10,000 credit on their first deposits
    • Free lifetime practice trading
    • Unlimited use of eToro social trading network
    • Simple, secure and enjoyable trading
    • Fixed spreads as low as 2 pips
    • Flexible leverages ranging from 1:2 to 1:400
    • Free educational tools, including specially developed forex trading e-course
    • Live streaming news and market updates
    • 24/5 professional support and account managers
    • Four tier VIP account program
    • Fast withdrawals
    • No commissions
    • Islamic accounts
     
    Worldwide Recognition
    Since 2007, eToro received three major awards for their innovation and steadfast financial growth. The Finovate Europe 2011 duly acknowledged eToro the “Best of Show” recognition, the MoneyAM Online Finance Awards in 2010 awarded eToro for the “Best Active Trading Platform, and the World Finance Foreign Exchange Awards in 2010 also rewarded eToro for the “the Most Innovative Trading Platform”.
     
    Conclusion
    We were extremely happy with the withdrawal process at eToro. The process was quick and easy. As soon as our review team provided the necessary documentations, the withdrawal was completed within 24 hours. So, go ahead, open an account with eToro – this is one of the best brokers in the forex industry, no doubt about that.
     

    OPEN A FREE eTORO TRADING ACCOUNT!

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  • Plus 500

    Plus 500

    • Posted: Sep 06, 2016
    • By:
    • Comments: 0

    Plus500 is a leading CFD/Forex broker that has been in business since 2008. Spreads at Plus500 are very tight, the minimum spread is different for every instrument, but for example on EUR/USD they start from from 2 pips. The trading requirements are quite small, in order to create a real account you need only $100, but you can also take advantage of an unlimited demo account which is offered for free.
     
    The broker is regulated by 3 regulatory authorities:
    • In the UK by the prestigious FCA – Plus500UK Ltd – license number 509909
    • In Europe by CySEC – Plus500CY LTD – license number 250/14
    • And in Australia by ASIC – Plus500AU Pty Ltd. – license number 417727.
     
    All deposits up to $20,000 are 100% insured.
     
    Trading Platform
    Even though the broker does not offer MT4 as one of the platforms, we still believe that the trading platform of Plus500 is more than decent and can be appreciated even by traders with limited trading experience on complex platforms. Every tool and feature that traders need for trading, are easily accessible from both desktop and mobile devices. The broker has one of the biggest portfolios of tradeable instruments, every trader has access to over 2000 instruments to trade.
     
    Most traders will agree, risk management is very important when it comes to CFD or forex trading. To limit the risk of each of your trades, you can use risk management tools such as:
    • Stop Limit / Stop Loss / Trailing Stop
    Guaranteed Stop
    • FREE notifications
    • Negative balance protection
     

    OPEN A FREE PLUS 500 TRADING ACCOUNT!

    Your Capital is at Risk

     
    Free Demo Account
    Traders who would rather start trading on a practice account, may open a free unlimited demo account. This account is a perfect opportunity for people who seek a risk-free opportunity to try out the broker, their trading plan or any strategy. Once you establish your demo account, you will be given 20000 EUR demo money. With this capital, you can trade however you like.
     
    Shares of Plus500
    Plus500 is a huge company with millions of traders based all around the world. They are listed on the AIM section of the London Stock Exchange (PLUS.L). Did you know that in 2016, the combined traded volume at Plus500 was over 10 trillion dollars? Pretty fascinating, isn’t it?
     
    International Broker That Supports 32 Languages
    The fact that the broker really has traders all around the world is also indicated by the broker’s support of 32 languages. So in case you are not a native English speaker, you can choose to trade with an interface in your language.
     
    Spread Only, No Commission Policy
    Plus500 is one of few brokers that has a no commission policy. That means that it does not charge any fee for opening a position. The only money that the broker makes is thru the “spread“. Which is the difference between the ask price and the bid price. The spreads are very tight, on the currency pair EUR/USD they start from 2 pips.
     
    Final Word
    We believe that Plus500 is one of the best choices when it comes to choosing a CFD/Forex broker. It is a regulated, transparent broker, that is well respected in the world of trading. It offers a wide range of trading instruments, easy to use platform and tight spreads that are appreciated by thousands of daily traders. The best way to verify our claims is to try out your own FREE unlimited demo account below.
     

    OPEN A FREE PLUS 500 TRADING ACCOUNT!

    Your Capital is at Risk

     

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  • Trader’sWay

    Trader’sWay

    • Posted: Sep 03, 2016
    • By:
    • Comments: Comments Off on Trader’sWay

    Trader’s Way, a prime online FOREX and CFD broker, was established with the principle mission – to provide traders with the widest opportunities available on financial markets. They’ve collected the best products, technologies and services, so that the needs of every trader are fully satisfied. Under one broker, without losing time, you can find everything to trade the way you like, without boundaries and limits.

     

    The widest range of possibilities for trading:
    •         Best trading platforms – MetaTrader 4, cTrader, Mobile Apps
    •         Several account types – ECN accounts on MT4 and cTrader, Standard accounts with Fixed and Variable spreads
    •         5 markets – FOREX, Stock indices, Metals, Energies, Commodities

     

    The best trading conditions possible:
    •         Tight Spreads – from 0 pips
    •         Minimum Order Size – 0.01 Lot (1000 units of base currency)
    •         All Expert Advisors (EAs) and Scalping allowed

     

    Other advantages:
    •         Free VPS hosting service
    •         Islamic (swap-free) accounts
    •         Bonuses and Promotions

     

    High price feed accuracy, no trading restrictions (even on accounts with minimum deposits), and a wide array of trading opportunities are the pillars of their business activities. They pledge to bring you maximum trading with maximum opportunities and freedom!

     

    OPEN A FREE TRADERSWAY TRADING ACCOUNT!

     

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