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Best Forex Brokers

Get the best forex broker. Broker is an intermediary between you and the markets. Because it offers trading services to people who want to buy and sell a particular assert. Most importantly top ten forex brokers generally provide a trading platform to execute the trades online. Easy Trading Tips has been compared the best regulated forex brokers. And selected top 10 forex brokers 2019 out of best regulated forex brokers in the world. Every top rated forex brokers and their platform have been reviewed. And find the best forex brokers and trading platform for both beginners and experts. You can create your account with any of thesen top 10 forex brokers in the world. Here you can see the FXTM riview, Hot Forex review, FXpro review, Ava Trade review, Iq Option review, 24Option review etc. Some features of these top best forex brokers in the world are given below.
No.BrokerHeadquartersFoundedRegulated byMinimum DepositEUR/USD SpreadOfficial Sites
0.2 Pips
0.2 Pips
0.2 Pips
0.0 Pips



0.5 Pips
London, United Kingdom
0.2 Pips
0 Pips
Kaliningrad, Russian Federation
3 Pips
3 Pips

Top 10 forex brokers/Best Forex Brokers

FXTM Review

From top 10 forex brokers in the world we have selected forex time in number one. FXTM, launched in 2011, is an award-winning online trading platform that provides a safe and secure trading environment covering more than 250 instruments across currencies, spot metals, equities and commodities, as well as CFD S. FXTM is the proud sponsor of Lewis Pugh, the UN’ Ocean Sponsor to help protect the world’s blue waters. FXTM is regularly featured in the media, with comments from The Guardian, Reuters and the Financial Times.
The broker offers traders advanced trading technology and a range of trading education resources to enhance their trading skills. As a client-oriented broker, FXTM sought to focus its products and services on the needs of each market it serves. Thus, regardless of whether the client is an individual or an institutional investor, FXTM has solutions tailored to meet any specific needs.
For global client service, FXTM offers more than 30 different types of payment methods. There is also a team of professional and multilingual support staff available 24 hours a day, seven days a week to help traders who need help. With FXTM’s extensive coverage of financial markets, you can trade in more than 250 different types of financial instruments. As of 2018, FXTM has a million registered accounts.

top 10 forex brokers in the world


FXTM Regulation

Forextime Limited is a brokerage company organized and licensed by the Cyprus Securities Exchange Commission (CySEC) under the license of Cyprus Investment Firm (CIF) No. 185/12. Forextime UK Limited is authorized by the UK Financial Conduct Authority with license number 777911. This means that Forextime Limited and Forextime UK Limited comply with all strict regulatory requirements imposed by CySEC and FCA such as separate accounts, maintaining sufficient liquidity and transparency with the way it works.
Due to the restrictions imposed by CySEC on brokers who serve customers from outside the European Union (EU), these clients are treated outside the EU by sister Company FT Global Ltd which is regulated by the International Financial Services Commission (IFSC) in Belize with license numbers IFSC / 60/345 / TS and IFSC / 60/345 / APM.

FXTM Trading Platforms

In terms of trading platforms, FXTM uses reliable and proven trading platforms only to provide traders with access to financial markets. It consists of MetaTrader 4 and MetaTrader 5 trading platforms developed by MetaQuotes Software Ltd.

Mobile Platform

MT4 and MT5 are also available for download as mobile trading applications for customers who want to trade directly from their smartphones or mobile phones.
FXTM has its own application that can be downloaded from the App Store or through Google Play. The application is characterized by all the functions and tools that the trader needs from live currency prices to accurate trading news.

FXTM Account Types

FXTM is proud to be able to offer a variety of options to its traders. This is also reflected in their trading account offerings. Trading accounts can be divided into two main types of accounts, Standard and ECN accounts.
Standard Accounts
There are 3 types of standard trading accounts:


Cents Accounts
Account Currency – USD / EUR / GBP / NGN
Min Deposit – $/€/£ 5, ₦1,000
Leverage – Flexible
No Commission


Standard Account
Account Currency – USD / EUR / GBP / NGN
Min Deposit – $/€/£ 100, ₦20,000
Leverage – Flexible
No Commission


Shares Account
Account Currency – USD / EUR / GBP / NGN
Min Deposit – $/€/£ 100, ₦20,000
Leverage – None
No Commission
There are 5 different types of ECN accounts at FXTM. They include the following:


ECN Account
Account Currency – USD / EUR / GBP / NGN
Min Deposit – $/€/£ 500, ₦20 000
Leverage – Flexible
Commission – $2 per lot


ECN Zero Account
Account Currency – USD / EUR / GBP / NGN
Min Deposit – $/€/£ 500, ₦20 000
  Leverage – Flexible
  No Commission


FXTM ECN MT5 Account
Account Currency – USD / EUR / GBP / NGN
Min Deposit – $/€/£ 500, ₦20 000
Leverage – Flexible
Commission – $2 per lot


Strategy Account
Account Currency – USD / EUR / GBP
Min Deposit – $/€/£ 100
Leverage – Flexible
No Commission


FXTM Pro Account
Account Currency – USD / EUR / GBP / NGN
Min Deposit -$/€/£ 25,000, ₦5,000,000
Leverage – 1:200
No Commission


FXTM Cryptocurrency Trading

To meet the increasing demand for encryption trading, FXTM recently extended its CFD offer to cover crypto trading. This product is applicable only to FT Global Limited. The move taken by FXTM to include cryptocurrencies as part of its own CFDs portfolio follows the leadership of many other brokers in the industry. With the new FXTM offers, the trader can now be exposed to common pairs such as BTC / USD, ETH / USD and LTC / USD.
Cryptocurrency CFDs offer investors an alternative way to invest in this market without having to buy the actual cryptocurrency. Not only is this method of trade cryptocurrencies more affordable, it is also safer, as your investment is not susceptible to piracy. Cryptocurrencies trading with FXTM CFDs allows you to leverage your trades by up to 1:10, allowing you to start investing in the market with less capital. In addition, FXTM trading cryptocurrency allows you to take advantage of risk management tools that are integrated into platforms, allowing you to reduce your overall trading risk.

FXTM Deposits and Withdrawals Options

To be able to support nearly half a million traders from all over the world, FXTM has provided support for over 30 different types of payment options.
Deposit Methods
Deposit methods in FXTM can be classified into local options, credit card options, eWallet options, and bank transfer options.
Please note that the list of methods below depends on the FXTM entity and the client country.
Credit Cards: China Union Pay, Maestro, VISA, MasterCard
eWallets: Skrill / Moneybookers,  Neteller, Perfectmoney, WebMoney,  Alfa-Click, Baidu, Cash U, Dixipay, OKPay, Payza, QIWI, WeChat, Yandex Money
Bank Wire Transfer
Ceska Sporitelna AS (Erste Group), Expobank, InecoBank
Local Options
Afghani Local Transfers, Baokim, FasaPay, Globepay, Indonesian Local Transfer, Iranian Local Transfers, Laos Local Transfers, Local transfer for India and Pakistan, MyPay Pocket, Nigeria Local Bank Wire Transfer, Online Banking Thailand, Vietnamese Local Transfers.
Withdrawal Options
The withdrawal options supported by FXTM are the same as those used to make deposits. The processing period required for the withdrawal request is usually 24 hours. Withdrawal fees depend on the type of Withdrawal methods used.

FXTM Customer Support

For customer support, FXTM traders can communicate with the support team through live chat, e-mail, social media channels or call support phone numbers. To enhance customer support at the local level, local support is available to many countries.



HotForex review

HotForex was established in 2010, a global brokerage firm in the field of Forex and CFDs. Over the years, HotForex has grown into one of the world’s leading online forex brokers. The key to their success is their focus on being “customer centric”. While it is easy for agents to promise quality services to their clients, many brokers are unable to do what they have said. However, this is not the case with HotForex. So far, the broker has been able to provide exactly what customers need. All services and products have been designed according to the specific needs of their traders, enabling HotForex to earn a name for itself as a reliable and reliable broker.

hot forex review


HotForex Regulations

HotForex is a uniform brand name for the HF Markets Group organized as follows:
HF Markets (SV) Ltd. was founded in St. Petersburg. Vincent & Grenadines as an international broker with registration number 22747 IBC 2015.
HF Markets (Europe) Ltd a Cyprus Investment Company (CIF) under No. 277582. Organized by Cyprus Securities and Exchange Commission (CySEC) under License No. 183/12.
HF Markets Ltd is regulated by the Financial Services Commission (FSC) of the Republic of Mauritius, Category 1, Global Business Number C110008214 Company License Reg. No. 094286 / GBL.
HF Markets SA (PTY) Ltd is a financial services provider accredited by the Financial Services Board of South Africa, with authorization number 46632.

HotForex Trading Platforms

For its trading platform, HotForex uses the MetaTrader 4 (MT4) platform provided by MetaQuotes Software. In fact, many considered that MT4 platform is the standard trading platform in the industry due to the high rate of adoption by brokers from around the world. Forex traders and CFDs are also part of the MT4 platform because they offer a wide range of tools and features designed to enhance traders’ ability to trade. For example, MT4 supports multiple market order types and automated trading using Expert Advisors. It also comes complete with a comprehensive set of charts and a large library of technical indicators. MT4 platform is currently available in multiple versions such as:
  • Desktop MT4
  • MT4 WebTrader platform
  • MT4 Multi Terminal
  • MT4 iPhone Trader
  • MT4 iPad Trader
  • MT4 Smartphone Trader
  • MT4 Android Trader
Apart from the MT4 platform, HotForex has also introduced its HotForex RapidTrader API. The platform is run through Integral and provides traders with direct access to markets as well as automated trading outside the MT4 trading environment.

HotForex Mobile Trading

In addition to desktop trading, HotForex also supports mobile trading across a wide range of mobile devices with the MT4 platform. IOS, Android, and Windows softwares can also download and install on their mobile devices. Mobile trading applications for Android and IOS devices can be downloaded from the Google Play Store and Apple App Store. For Windows-based devices, the installation program can be downloaded directly from the HotForex Web site.

HotForex Account Types

To meet the trading needs of its customers, HotForex introduced various types of trading accounts to choose from. These include:
Micro Trading Account
Min Deposit $5
Leverage Available: 1:1000


Premium Trading Account
Min Deposit $500
Leverage Available: 1:400


Zero Trading Account
Min Deposit $100
Leverage Available: 1:200


Fixed Trading Account
Min Deposit $500
Leverage Available: 1:400


VIP Trading Account
Min Deposit $20,000/€18,500
Leverage Available: 1:300


AUTO Trading Account
Min Deposit $500
Leverage Available: 1:400


HF Copy
Performance Fee of up to 35% from Followers who copy your trades
Followers: an opportunity to practice and improve your skills by copying trades


PAMM Trading Account
Min Deposit $250
Leverage Available: 1:300
For HF Markets (Europe) Limited customers, the minimum deposit is US $ 50.
The leverage is set to a maximum of 1: 500 and always depends on
Customer relevance status.
Available only to HF Markets (SV) Ltd. customers.
A demo account is also provided to potential traders who wish to experience HotForex services before they commit to opening a real trading account. For traders who wish to trade according to Islamic principles, a swap free or Islamic account can be used upon request.


HotForex deposit and withdrawal options

HotForex recognizes that all transactions must be conducted online in a safe and efficient manner. As such, the broker offered to trade a variety of payment solutions. Supported methods include credit / debit cards such as VISA, MasterCard, Maestro, Bank Wire Transfer, eWallets such as Neteller, Skrill, fasapay, WebMoney, UnionPay and BitPay.
For convenience, HotForex also offers its pre-paid MasterCard card. With HotForex MasterCard, traders now have a more effective way of accessing their trading funds.


HotForex Client Support

HotForex customer support services are available 24 hours a day. For help, traders can reach out to the support team by completing the online contact form on the website, e-mail, live chat, or calling them by phone. For traders in the following countries listed below, they will be able to access the support team through the local phone numbers provided.



FxPro Review

Founded more than a decade ago in 2006, FxPro is the world’s leading online forex and CFDS trading platform. The FxPro brand is owned by the FxPro Group, which operates and manages the platform through a number of subsidiaries around the world. As a provider of online financial services, FxPro specializes in providing online trading services to financial markets 24 hours a day, 5 days a week. At FxPro, you can trade 6 different asset classes using over 250 different types of financial instruments.


fxpro review

FxPro regulations

In terms of regulation, FxPro is regulated in multiple jurisdictions through its various subsidiaries. In the UK, the platform is managed by FxPro UK Ltd and is registered by the UK Financial Conduct Authority (FCA) with registration number #509956. For the operation of the EEA, the platform is managed by the Cyprus investment company FxPro Financial Services Limited under the supervision of the Cyprus Securities and Exchange Commission (CySEC).
The company is also authorized by the South African Financial Services Commission (FSB) to operate in South Africa under license #45052. For the Middle East, FxPro operates under a subsidiary called FxPro Global Markets MENA Limited. The company is located in Dubai and is part of the Dubai Financial Services Authority. For its global operations, the brokerage firm is managed by FxPro Global Markets Ltd, a regulated entity of the Securities Commission of the Bahamas (SCB).

FxPro trading platform

One of FxPro’s key strengths is that brokers can offer multiple trading platforms to their clients. In general, FxPro customers can choose from 4 different types of trading platforms. They include the following:
  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)
  • FxPro cTrader
  • FxPro Markets

MetaTrader 4 (MT4)
MT4 is often seen as the standard trading platform for the online forex industry. This is mainly because most brokers in the industry have adopted this trading platform. Traders from all over the world have entered the trading platform due to the various functions and tools integrated in the platform. For example, MT4 supports multiple languages, a feature that enables users to customize the user interface in their preferred language. Another key feature of the MT4 platform is the platform’s ability to support multiple order types. However, the most powerful feature of the MT4 is its ability to support automated trading. By using Expert Advisor (EA), you can program the platform to automate transactions based on your trading parameters.
MetaTrader 5 (MT5)
As an updated version of the MT4 platform, the MT5 platform also has the same advantages as the MT4 platform. Despite this, MT5 still has some features that have been upgraded. For example, the platform now supports other timeframes. It also provides market depth information to traders.
FxPro cTrader
For traders wishing to trade with the original spread, FxPro provides the CTrader platform for such traders. It is designed for ECN transactions, allowing traders to enter the spot market at interbank rates. Other key features of cTrader include the ability to support algorithmic trading and view market depth.
FxPro Markets
The FxPro marketplace is for traders who want to trade directly from desktop or mobile devices without having to download or install any software. One of its powerful features is that it enables traders to multitask within the trading platform itself.

FxPro mobile trading

As the ownership of smartphones rises, many traders will soon switch to trading financial markets directly from their smartphones. To cater to this new trend, FxPro also offers such traders by providing mobile-optimized versions of its trading platform. These mobile trading apps are available for free download from the Google Play Store and Apple App Store. By installing these mobile apps on their smartphones, FxPro traders can trade the market directly from them.

FxPro account type

There are three main types of accounts for FxPro, Demo Account, Standard Account and Premium Account.
Demo account
FxPro’s demo account is freely available to potential traders who want to try out the FxPro platform without having to pay real money. It has a virtual cash balance of $500,000. With a demo account, you can access a variety of platforms such as the MT4 platform, MT5 platform and cTrader.


Standard account
Standard accounts are divided into 4 different types, FxPro MT4, FxPro MT5, FxPro cTrader and FxPro Markets.
FxPro MT4
Minimum deposit of $500
Leverage: 1:500
FxPro MT5
Minimum deposit of $500
Leverage: 1:500
FxPro cTrader
Minimum deposit of $1,000
Leverage: 1:500
FxPro Markets
Minimum deposit of $500
Leverage: 1:500


Senior account
For investors with an investment of at least $50,000, they will be eligible for a senior account. Of course, senior account holders can enjoy the extra benefits of standard account holders. However, the main attraction of premium accounts is that account holders can enjoy lower spreads when trading in large numbers.

FxPro deposit and withdrawal options

Currently, FxPro supports 6 different payment methods. You can make a deposit or withdrawal by:
Bank Wire, Credit Card, Skrill, Neteller, PayPal, UnionPay
Withdrawals are free and take one business day to process. However, it should be noted that the entire withdrawal process may take up to 5 business days to complete.

FxPro Customer Support

FxPro’s customer support services are comprehensive. You can access the support team 24 hours a day, 5 days a week via email, online chat or phone. To meet their diverse customer base, support services are also multilingual and localized. Currently, 29 different countries are supported at the localization level.




AvaTrade Review

AvaTrade was originally founded in 2006 as AvaFX, an online Forex and CFDs broker based in Dublin, Ireland. AvaTrade specializes in trading services for Bitcoins, commodities, equities, exchange-traded funds (ETFs), bonds and market indices. Since its inception, AvaTrade has served more than 200,000 accounts worldwide. Brokers execute more than 2 million transactions per month for a total value of more than $60 billion. With strong financial support and customer-oriented focus, AvaTrade is committed to providing customers with a full range of services and products. This can be seen in the diversity of trading platforms offered by AvaTrade and is supported by a multilingual support team that provides 24/7 service.
In addition to its operations in Dublin and Ireland, AvaTrade has offices in several major cities and countries around the world, such as South Africa, Nigeria, Milan, Paris, Shanghai, Sydney, Tokyo and Ulaanbaatar in Mongolia.


ava trade review

AvaTrade Regulations

AvaTrade is regulated by the Central Bank of Ireland (Ref. C53877) and other well-known regulators such as the Australian Securities and Investments Commission (ASIC) and the Financial Services Commission (British Virgin Islands). The broker is subject to particularly strict supervision in Japan, including financial services institutions, the Japan Financial Futures Association and the Japan Commodity Futures Association, which also oversee their operations in Japan. Whether the trader is a beginner or an experienced trader, AvaTrade can meet all of their trading requirements.

AvaTrade Trading Platform

AvaTrade is suitable for all types of traders and offers a variety of platforms, including automatic and manual platforms. Each platform allows access to more than 250 trading tools, multiple analysis tools, metrics and up-to-date charts.
AvaTrader is a powerful, user-friendly platform that allows click transactions on all assets from a single screen. It is a fully customizable platform with advanced charts, real-time analysis and real-time feed.
MetaTrader 4, known as the most popular trading platform, offers flexibility and power to meet all experience levels and trading knowledge of traders. This platform allows you to trade in the ideal trading environment.
Auto trading platforms, such as Mirror Trader and Zulutrade, are the industry’s leading automotive trading interface. Automated trading software allows you to copy the transactions of skilled online traders at any time, even if you are away from your computer.


Mobile trading platform

The AvaTrade platform is also available on mobile devices. AvaTrade supports Android and iOS technologies. AvaTrades customers have the option to choose between the MetaTrader platform and AvaTradeACT.

AvaTrade Account Type

To simplify the problem, AvaTrade offers its clients two types of trading accounts, a standard trading account and a simulated trading account.
AvaTrade MAM Account
For professional traders who must manage multiple trading accounts for their clients, there are also multiple account manager (MAM) accounts.
AvaTrade MAM Account
For professional traders who must manage multiple trading accounts for their clients, there are also multiple account manager (MAM) accounts. The MAM account has the following features:

AvaTrade Cryptocurrencies Trading

Since 2013, AvaTrade has been providing Crypto trading facilities. At that time, AvaTrade traders could conduct Bitcoin CFD trading through their proprietary trading platform and MetaTrader 4 platform. With the recent popularity of cryptocurrency transactions, AvaTrade has added more cryptocurrencies to its cryptocurrency portfolio. Currently, AvaTrade supports 8 different types of cryptocurrencies. They include:
Bitcoin, Bitcoin Cash, Dash Coins, Ethereum, Ripple, Litecoin, Monero, Neo

AvaTrade Deposit and Withdrawal options

AvaTrade’s withdrawal method is the same as deposit method. To apply for a withdrawal, simply fill out the withdrawal request form via the trading account on the My AVA dashboard. Follow the instructions listed in the Withdrawal section at the bottom left of the MY AVA screen. After submitting a withdrawal request, it can take up to 5 business days to process the request. In addition to the five days required to process the withdrawal request, the entire withdrawal process can take several days to complete, and the money will be announced in the dealer’s bank account. In order to speed up the exit speed, traders can apply for Ava Debit MasterCard. With the Ava Debit Card MasterCard, the withdrawal time is significantly reduced.

AvaTrade Customer Support

As for AvaTrade’s customer support service, it is handled by a multilingual support representative team. The team is available 24/5, so it ensures that AvaTrade traders get the help they need, when and where they need it. To communicate with the support team, AvaTrade traders can do this via email, social media, live chat, fax and phone. One of the best features of AvaTrade customer support is its localization support service. AvaTrade offers dozens of localized phone support numbers to ensure that their traders do not incur exces.



IQ Option Review

IQ Option is an online trading platform established in 2013. The company is owned and operated by a Cyprus investment company called IQ Option Europe Ltd., a regulated entity. Since IQ began operations in 2013, in just a few years, the broker has been able to distinguish it from other brokers in the industry.
The most obvious difference is the IQ Option trading platform. Instead of choosing a white label trading platform provided by a third-party online trading solution provider, the IQ Option developed its own trading platform designed to meet the needs of traders. For example, the IQ Option system integrates with advanced charting software packages and various preloading technical indicators such as moving averages, Bollinger bands, crocodile skins, RSI, MACD, parabolic SAR, and more.
Another factor that makes the IQ Option very attractive to traders is the minimum deposit requirement. The minimum deposit requirement is $10, and the IQ Option allows everyone to trade online. There is also a free demo account where IQ Option customers can sign up and use it to test the IQ Option service without having to take the risk.

iq option review

IQ Option Trading Platforms

Unlike most brokers in the industry, IQ Option uses a specially developed special trading platform to meet the business needs of broker`s clients. In December 2015, they launched the latest version of the trading platform IQ Option 4.0 platform. The upgrade of the platform is designed to ensure a smooth trading experience for IQ Option traders. Some of the new features that can be found on Platform 4.0 include allowing traders to use candlesticks to extend their market analysis to a one-month timeframe. In addition, the IQ Option adds a two-year quote to the historical price database, enabling traders to obtain a wider range of historical price data before making trading decisions.
Other advanced trading features found in the IQ Option 4.0 platform include the addition of several new technical specifications such as random oscillators, awesome oscillators, MACD and parabolic SAR. These new features will definitely help improve market analysis for traders using the IQ Option trading platform.

Mobile Trading

The IQ Option also provides a mobile version of the recently launched trading platform. The mobile trading app can be downloaded from the Google Play Store and the Apple App Store. According to the Apple App Store ranking, the IQ options have been rated high in many countries.

IQ Option Products

In terms of available assets, the IQ Option has different types of assets to choose from: major currencies and minor forex pairs, commodities, cryptocurrencies, US stocks, eurozones, global equities, global indices, and more.



Types of IQ Option Accounts

IQ Option provided traders with 3 different types of trading accounts.
  • Standard trading account
  • VIP trading account
  • Demo account

Standard Trading Account

A standard trading account requires only a minimum deposit of $10. With this account, traders have access to all available trading tools and can participate in the IQ Options Championship.


VIP Trading Account

For traders who wish to receive additional special services, they can choose a VIP account. VIP accounts require a minimum deposit of $3,000 and allow VIP account holders to access other trading features, such as:
  • 3% * additional payout
  • Personal Manager
  • Free entry to tournaments


Demo Account

The demo account is free to access and the trader can register with the IQ Option. Registration is a simple and fast process that can be done by filling out the registration form and sending it to the IQ option or using your Facebook account to log in to the IQ option. Once you log in to your demo trading account, you will receive $1,000 in virtual cash for your transaction.

IQ Options Deposits and Withdrawal

Deposits can be made in the IQ Option via credit card, e-wallet and bank transfer. The IQ Option accepts all major credit cards such as VISA, Master Card and Diners. For E-Wallets, the supported product portfolio includes Neteller, Skrill and Webmoney.
For withdrawals, the method used is the same as the deposit procedure. The IQ Option does not impose a minimum amount. Debit card requests are usually processed within 24 hours. However, you must be aware that it can take up to 7 days before the checkout process is completed.


IQ Option Customer Support

IQ Option provides customer support 24 hours a day, 7 days a week, and provides direct chat support for all IQ option customers who deposit funds in their trading accounts. However, for non-English speaking merchants who support their websites in 12 different languages, the IQ option should be commended.
IQ Option does not accept traders from the following countries: the United States, Canada, Australia, Belgium, Israel, Palestine, Japan, Sudan, Syria, Iran, North Korea, the Russian Federation and/or any country of the European Union.


Broker’s awards
IQ Option has received various prestigious awards such as Best Binary Options Broker & Best Binary Options Broker/Trading Application, Award of Excellence, The Intelligent Trading Aps for Binary Options, Century International Quality Gola ERA Award, Most Innovative Binary Options Broker, Best Trading Platform, World`s Leading Binary Options Brokers, Most Reliable Binary Options Broker etc.




24option Review

24option, which provides CFD trading as a highly recommended broker, has built a good reputation. It is this reputation and know-how that has brought them a dynamic online trading. As one of the most advanced companies in the industry, 24option provides its customers with convenient and user-friendly 24option to provide its customers with a convenient web platform and access to MT4 to trade financial markets.

24option review

24option Registration

The 24option brand (EU) is owned by the Cyprus Investment Firm (CIF) and is headed by Rodeler Ltd., headquartered in Limassol, Cyprus. Rodeler Ltd is part of the Cyprus Securities and Exchange Commission (CySEC) and is licensed and licensed under the CIF license. No. 207/13. Rodeler Limited provides services in the European Economic Area (except Belgium) and Switzerland.
Under European Union (EU) “Passporting” rules, the 24option brand is also registered in EU member states.
Non-EU clients are served by a company called Richfield Capital Ltd, a Belize company regulated by the Belize International Financial Services Commission (IFSC) under license number IFSC / 60/440 / TS / 17)

24option Trading Platform

24option now uses its proprietary trading network platform to meet the needs of more products. Now through the internal management of the trading platform, 24option will be able to roll out updates to add new features faster and more efficiently.
Although the new platform is different from the TechFinancials power trading platform, traders will still find similarities. The first thing a trader will notice when initializing a new trading platform is the black background of the platform and the bright letter buttons.
In addition, the trade execution buttons are labeled “sell” and “buy” instead of “Call” and “Put”, as most brokers are doing. This is done through 24option to avoid any confusion when trading. Just look at the color of the number on the button and the trader will know if the price is going up (green) or down (red). Through the 24option trading platform, traders can also switch between online candlestick charts and European charts according to their preferences. Since its launch, the Web platform has been continuously improved to provide traders with the trading tools they need. Easy-to-use interfaces and charts allow 24option traders to examine any underlying asset in more detail.
Through this industry-proven MT4 trading platform, 24option traders can now use dozens of technical indicators and comprehensive chart packages to further enhance their trading capabilities.

Mobile Trading

To accommodate traders who want to trade on smartphones or mobile devices, 24option also offers mobile trading apps optimized for iOS and Android devices. These apps can be downloaded from Google Play Store or Apple’s App Store. In addition, the MT4 platform has a mobile version that allows traders to use most of the MT4 features on the go. This includes viewing live streaming rates, placing orders, and keeping abreast of your trading history and open positions.

24option Account Types

To meet the needs of a variety of financial instruments and clients segments, 24option offers five different types of trading accounts for traders to choose from.

24 option deposit and withdrawal options

24option’s trading account funds are easy and no hassle. To meet trading requirements from different countries, 24option provides several ways in which traders can use to fund their trading accounts. To deposit funds, you may currently use the following methods:
Credit/Debit Card, Wire Transfer, Skrill, Neteller, MoneyBookers, CashU, etc.


The 24option withdrawal is simple. Traders first need to verify their account. The verification process involves submitting the necessary documentation.
As for the exit method, it is usually done in the same way as how the deposit was originally made. For example, if a trader initially funds his trading account with his credit card, his withdrawal will also be performed through his credit card until the amount deposited. The excess balance of the withdrawal amount will be transferred to the trader’s bank account via bank wire transfer. Handling the timeline for the entire withdrawal process will not cause undue delays.

24option Customer Support

To support the international customer base, the 24option website fully supports different languages ​​such as German, Russian, Arabic, Polish, French, Italian, Spanish and Portuguese. Support service 24/5, if you need any help, traders can contact the support team in 4 ways. Communication channels that support team support include:
Email, Web Contact Form, Live Chat, Telephone




How to choose a Forex broker?

Forex, also known as foreign exchange, foreign exchange or currency trading, is a decentralized global market where all currencies are traded. The foreign exchange market is the largest and most liquid market in the world, with an average daily trading volume of more than $5 trillion. All the integrated stock markets in the world are not even close to this. But what does this mean for you? Looking closely at Forex trading, you may find that other investments are not getting some exciting trading opportunities.



1. Proper Regulation:

In the United States, a reputable Forex broker will become a member of the US Futures Association (NFA) and will be registered as a futures broker and retail forex trader in the US Commodity Futures Trading Commission (CFTC). The NFA is an industry-wide self-regulatory organization for the US futures industry. It sets rules, plans and services to protect the integrity of markets, traders and investors, and helps members perform their supervisory duties. The CFTC is an independent government agency that oversees the US commodity futures and options markets. The CFTC’s mission is to “protect market users and the public from fraud, manipulation and abuse associated with the sale of commodity and financial futures and options, and promote open, competitive and financially sound futures and options markets.”
A gorgeous or professional website does not guarantee that the broker is an NFA member or a CFTC. Brokers who are members of the American Futures Association and comply with the CFTC regulations will state this and their NFA membership number on their website, usually on the “About Us” section and on each page. Every country outside the United States has its own regulatory body. Due to concerns about deposit security and broker integrity, only accounts that are properly regulated should be opened.


2. Trading Platform

The next thing you must evaluate in a beginner forex broker is their trading platform or software. The trading platform is the gateway for traders to enter the foreign exchange market, so you must ensure that the trading platform is reliable and easy to use. It must also have a variety of trading tools that you can use to help analyze the market. For beginners, the most useful tools are clear charts, streaming news sources and even economic calendars to support upcoming economic activities. In addition, you must ensure that transaction input and exit are completed effortlessly. This means that the interface of the trading platform must be carefully designed, and all functions must be clearly marked and strategically placed.
A trading platform with a poorly designed user interface can actually block transactions, which can lead to costly mistakes. For example, a poorly designed trading platform may cause you to add to a position rather than close a position. Or when you really want to go short, it may keep you in a certain position for a long time. At the end of the day, all these errors will only make you more frustrated and emotionally consume you. Make sure the broker provides you with a reliable trading platform, such as the MetaTrader 4 platform or Sirix WebTrader. As beginners, traders are also important because they know that brokers usually provide a mobile version of their platform. This is great when you are on the go, because you never have to lose trading opportunities.



3. Commission and Spreads

All Forex brokers make money through the commissions or spreads they charge customers. For commission-based transactions, the commission is usually a fixed amount of each trade or a percentage of the total trade. For spread-based trading, forex brokers typically increase the price by a few points between the difference between the bid price and the ask price. It should be noted that the diffusion can be fixed or floating.
For example, for a fixed spread, the broker can specify a spread of 2 points for the EUR/USD currency pair.
For floating spreads, the spread payable depends on market volatility.
Please note that the greater the difference, the more difficult it is for you to make a profit. However, a frequently traded currency pair (such as EUR/USD or USD/JPY) usually has a very tight spread compared to a currency pair with a lower trading frequency.



4. Account types

All leading Forex brokers offer their clients a range of trading accounts for customers to choose from. These accounts are usually distinguished by the benefits they provide to account holders, but they vary from broker to broker. For example, a micro or mini account that allows traders to trade below standard lot size typically has a lower minimum deposit requirement. These trading accounts are designed for beginners and have a higher leverage. But they also often bring higher spreads. Sometimes, a broker may limit the number of currency pairs a trader can trade with a micro or mini account.
The trading account can also vary depending on the type of spread that the trader must pay. Some trading accounts have fixed spreads, while other accounts have spread spreads. Or they can be commission-based trading accounts. Typically, a trading account set up for an experienced trader is an ECN type account that allows the account to access the original spread provided by the liquidity provider.



 5. Deposit and Withdrawal

Another factor you must consider when evaluating different types of trading accounts is the deposit and withdrawal methods supported by the broker. Every forex broker in the industry has its own deposit and withdrawal policy. Some brokers may require their clients to fund their trading accounts through direct bank deposits, while other brokers may be more flexible and support a variety of payment methods. Regardless of the payment method supported, always choose a broker that can provide you with a convenient and inexpensive payment method.


6. Customer service

The foreign exchange industry is a market where 24-hour trading activity has never stopped. Therefore, foreign exchange traders can continue to trade in the market. This means you can encounter problems that require customer support team assistance at any time. Therefore, providing support 24 hours a day throughout the trading week is critical because nothing is more frustrating than not being able to get help when it is most needed.
Check the methods available to contact the support team, for example. Live chat, localized phone number, email. Also, check the response time of your customer support representative. Another factor that is often overlooked when reviewing a broker’s customer support service is whether the broker provides you with a localized or toll free support number. The reason is quite obvious, because the phone bill you charge when you call the support line is easy to increase.