Choosing a reputable Forex broker is really not easy for many traders, especially new traders. So how can you assess one? With traders, which Forex brokers should you select?

What are the best forex brokers in the world and the

enclosed criteria? How should you do to distinguish fraudulent one? Let’s find out through the list of leading forex broker as follows:

No.	Name of Broker	Logo	Link website	Register
1	Exness		exness.com	Visit
2	XTB		XTB.Com	Visit
3	FBS		fbs.com	Visit
4	ICMarkets		icmarkets.com	Visit
5	XM		xm.com	Visit
6	Nordfx		nordfx.com	Visit
7	MultibankFX		multibankfx.com	Visit
8	Forex4you		forex4you.com	Visit
9	Fxprimus		fxprimus.com	Visit
10	FXTM (Forextime)		forextime.com	Visit

 

The criteria to evaluate a reputable forex floor

In fact, it is difficult to establish specific criteria, because they depend on both the brokers and the trading purposes of each trader.

A lot of traders prefer Forex brokers with low spreads for surfing, but some choose ECN / STP ones which only charge commissions for trading.

Meanwhile, many traders prefer the brokers with high leverage, which allow withdrawing money as quickly as possible … Therefore, rating Forex brokers also depends on the trading method of each trader. Here are some suggested criteria:

• Time of establishment and operation
• Operating licenses issued by prestigious financial institutions
• Instant deposit or withdrawal
• No hidden fees included
• Enthusiastic customer support team, including supporters
• Other …..

1. Detailed review of Exness broker
2. Detailed review of XTB broker
3. Detailed review of FBS broker
4. Detailed review of ICMarkets broker
5. Detailed review of XM broker
6. Detailed review of NordFX broker
7. Detailed review of MultiBankFX broker
8. Detailed review of Forex4You broker
9. Detailed review of FXPrimus broker
10. Detailed review of Fullerton Markets broker
11. Detailed review of FXTM (ForexTime) broker

With super fast money withdrawal, it takes you only 3 to 5 minutes to transfer money to your account. I highly appreciate Exness due to its fees of transactions.

In my opinion, Exness meets all the requirements without thinking about changing other whether yu are a new or professional trader.

How about you? You can choose a suitable one for yourself.

To register Exness broker, click here

Exness is a broker which developed quite early.

Exness is famous and best known among traders because of two factors: unlimited leverage and extremely fast withdrawal.

Introduction of Exness forex broker

Exness was founded in 2008 by a group of experts in finance and information technology.

One of the co-founders of Exness is Petr Valov – an expert in programming, who is also the CEO of this corporation.

Exness Corporation currently owns many sub-brands operating in different markets.

Exness’s headquarters is located in Cyprus and its offices are located in the UK, Malaysia and Singapore. Over the years, Exness has maintained a steady growth. Its average monthly trading volume in 2019 is about $340 billion, which is quite large number.

Currently, Exness is serving about 70,000 customers worldwide and this figure is still growing.

Exness offers a wide range of financial instruments used in trade finance, including currency pairs, metals, digital currencies, energy and indices.

To register Exness broker, click here

The operating licenses and insurance policies for Exness’s customers

The operating licenses of Exness broker

Exness Corporation operates with multiple entities suitable for different markets, including:

• Exness Limited, an International Business Company in Saint Vincent and Grenadines with business code 21927 (IBC 2014), operating the website exness.com
• Nyrstar Limited, registered in Seychelles with business code 8423606-1 and licensed by Financial Services Administration (FSA) with code SD025.
• Exness (Cy) Ltd, licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) with code 178/12, operating the website exness.eu
• Exness (UK) Ltd, licensed and regulated by Financial Enforcement with code 730729 to provide Contracts for Difference (CFDs) under various types of underlying investments and operate the website exness.uk.

Exness Nymstar will support transactions  with individual customers. Exness UK and Exness CY are separate entities, directly under the corporation  and using the Exness’s brand, focusing on business relationships with other firms.

To register Exness broker, click here

The insurance policy of Exness broker

As a member managed by reputable financial management institutions, Exness is obliged to comply with the strict regulations set forth by these organizations such as directive No. 2014/65/EU on financial markets and tools. (MiFID II).

In addition, these firms are also members of the respective Compensation Program. The goal of this program is to ensure that customer claims are dealt with and insured through compensation in case Exness loses payment capacity.

Exness also applies the mechanism called Segregated Accounts, which maintains customers’ money in segregated accounts. This means that customers’ money is separate from operating funds of Exness and is not allowed to use for any business activities.

Types of trading Exness broker accounts

Exness offers up to 6 types of accounts for MT4 and 4 types of accounts for MT5 platform.

Specifically, for MT4, there are some following types:

• ECN
• Standard
• Standard Cent
• Pro
• Raw Spread
• Zero

For MT5, there are only 4 types:

• Standard
• Pro
• Raw Spread
• Zero

To register Exness broker, click here

Standard account:

It is the most popular type of account for all Exness traders with extremely low minimum deposits and extremely high leverage (1: 2000 for MT5 and unlimited for MT4)

• Minimum initial deposit: 1$
• Spread: 0.3 pip
• Commission: No
• Leverage up to: No limit
• Maximum number of open positions and pending orders: No limit
• Volume of positions: from 0.01
• Hedged margin : 0% (Crypto 100%)
• Margin call : 60%
• Stop-out: 0%
• Instruments: Forex, Metal, Crypto, Energy, Indices.

To register Exness broker, click here

Standard Cent account:

It is a suitable account for newbies (1 lot Cent is equivalent to 0.01 standard lot). You can freely test your trading methods with extremely low risk level and still experience trading on real accounts.

• Minimum initial deposit: 1$
• Spread: from 0.3 pip
• Commission: No
• Leverage up to: No limit
• Maximum number of open positions and pending orders: No limit
• Volume of positions: from 0.01
• Hedged margin : 0% (Crypto 100%)
• Margin call : 60%
• Stop-out: 0%
• Instruments: Forex, Metal.

To register Exness broker, click here

Raw Spread account:

Raw Spread account has relatively low spread with more than 0 pips and relatively competitive commission.

• Minimum initial deposit: 200$
• Spread: from 0.0 pip
• Commission: 3.5$ (Rare pairs and indicators have different commission)
• Leverage up to: No limit
• Maximum number of open positions and pending orders: No limit
• Volume of positions: from 0.01
• Hedged margin : 0% (Crypto 100%)
• Margin call : 30%
• Stop-out: 0%
• Instruments: Forex, Metal, Crypto, Energy, Indices

To register Exness broker, click here

Pro account:

The spread of Pro account is higher than Raw Spread and no Commission fees. In addition, with Pro account, you are able to trade more than 30 popular securities such as Apple, Amazon, Ebay, Facebook, Alibaba, Google, Nike … etc.

• Minimum initial deposit: 200$
• Spread: from 0.1 pip
• Commission: No
• Leverage up to: No limit
• Maximum number of open positions and pending orders: No limit
• Volume of positions: from 0.01
• Hedged margin : 0% (Crypto 100%)
• Margin call : 30%
• Stop-out: 0%
• Instruments: Forex, Metal, Crypto, Energy, Indices

To register Exness broker, click here

Zero account:

The spread of Zero account is equal to zero during 95% of opening time of the market.

It is almost like ECN account with extremely competitive costs and some advantages that ECN do not have such as a wide range of instruments including forex, crypto, metals … along with no limit leverage.

However, commission on rare metal instruments and currencies is very high.

• Minimum initial deposit: 200$
• Spread: from 0.0 pip
• Commission: more than or equal to 3.5$
• Leverage up to: No limit
• Maximum number of open positions and pending orders: No limit
• Volume of positions: from 0.01
• Hedged margin : 0% (Crypto 100%)
• Margin call : 30%
• Stop-out: 0%
• Instruments: Forex, Metal, Crypto, Energy, Indices

To register Exness broker, click here

 

ECN account:

ECN account is intended for specific forex traders who wish to trade directly with the interbank market.

ECN account has some advantages such as low spread (only more than or equal to 0 pips), the ability to access to the interbank market. The disavantage is that the initial deposit is quite high compared to other ($ 300) and trading instruments are limited (only forex pairs, no metals like gold or silver or stock indices …).

In addition, the leverage is only 1: 200, many times lower than other types.

• Minimum initial deposit: 300$
• Spread: from 0.2 pip
• Commission: 25$/1 milion $ of trading volume
• Leverage up to: 1:200
• Maximum number of open positions and pending orders: No limit
• Volume of positions: from 0.01
• Margin call : 100%
• Stop-out: 50%
• Instruments: Forex

To register Exness broker, click here

 

Exness trading platform of Exness broker

Exness completely provides MT4, MT5 platform and trading on WebTerminal platform.

The instruments which Exness offers

The instruments which Exness offers are diverse. You can find almost every instrument you want, including: Currency, Crypto, Energy, Stock, Indices.

• Forex: over 100 currency pairs including 7 major pairs, sub-pairs and rare pairs.
• Metal: Gold, Sliver with USD, EUR, GBP, CAD.
• Crypto: Exness currently allows trading of 5 products called Bit.c.oin C.ash, Bit.c.oin, E.T.H, Rip.ple, Lite.c.oin in the form of CFDs with USD.
• Energy: Crude oil
• Stock: 30 stock codes of large corporations and firms in the world such as Google, Facebook, Amazon …
• Indices: Exness provides 10 types of indices, including S&P 200 Australia, S&P 500, US30, JP225…

To register Exness broker, click here

 

Exness social trading

In March 2019, Exness launched its advanced social trading platform (Social Trading).

You can choose any successful forex trader and copy their trades. If the trader makes a profit, you also make a profit based on the ratio of your funds.

Exness customer support service

Exness is most appreciated for because of this factor. It takes you only from 10 to 20s to wait for the appearance to answer any questions of yours.

Even for relatively difficult and time-consuming, the Exness support staff are also very quick to give you answers.

After discussing, you can ask Exness for sending you a copy of the conversation between you and support staff to save the important information you just asked, if you want,

There are 13 languages Exness currently supports.

To register Exness broker, click here

 

Deposit and withdrawal methods of Exness broker

Deposit and withdrawal speed of Exness broker is the second most highly valued factor.

Exness deposit speed is extremely fast, it can be said to be the fastest among Forex platforms today, which is one of the main reasons that Vietnamese and international traders choose Exness.

Depositing and withdrawing money at Exness are instant with automatically processed procedures, without any human intervention.

Exness offers 8 different deposit and withdrawal methods, including:

• Visa & Mastercard
• Neteller
• Skrill
• Local Bank
• Money
• Bit.c.oin & U.S.D.T
• Sticpay electronic wallet

In general, if you are a customer who wants to use huge leverage and fast withdrawal speed, Exness is really an attractive choice. In addition, the quality of Exness customer support service is also highly appreciated compared to its competitors.

To register Exness broker, click here

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2. The First, Detailed review of XTB broker

Founded in 2002 as Poland’s first leveraged foreign exchange brokerage house, X-Trade morphed into X-Trade Brokers in 2004 to comply with new Polish regulations. It then rebranded to its current incarnation, XTB Online Trading (XTB), in 2009 and went public, listing on the Warsaw Stock Exchange in 2016 under the ticker symbol XTB.

XTB has been steadily making inroads into the highly competitive and ever-changing online brokerage landscape and currently provides access to a variety of markets such as forex, shares, indices, metals, commodities and even cryptocurrencies. The company is regulated in the U.K. and registered with the Financial Conduct Authority (FCA #522157) as well as the Polish Financial Supervision Authority (KNF). Like many forex brokers, XTB does not accept U.S. traders.

To register XTB broker, click here   XTB.Com

XTB’s flagship platform is a web-based offering named “xStation 5.” This, coupled with the ubiquitous MT4 (downloadable) platform and a functional mobile application, comprises XTB’s entire online offering to the consumer. While ancillary costs were on par with industry standards, XTB’s consistently lower spreads were hard to ignore as they clearly separated it from the competition. Investopedia’s ranking algorithm factored this in when recognizing XTB’s appeal to cost-conscious traders.

KEY TAKEAWAYS

 

Fees

XTB has low forex fees and there is no withdrawal fee for most transfers. On the other hand, stock CFD fees are high, and XTB also charges an inactivity fee.

Pros
• Low forex fees
• Free withdrawal for transfers above $100

 

Cons
• High stock CFD fees

 

To register XTB broker, click here   XTB.Com

How we ranked fees

We ranked XTB’s fee levels as low, average or high based on how they compare to those of all reviewed brokers.

To get things rolling, let’s go over some lingo related to broker fees. What you need to keep an eye on are trading fees, and non-trading fees.

• Trading fees occur when you trade. These can be commissions, spreads, financing rates and conversion fees.
• Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.

In the sections below, you will find the most relevant fees of XTB for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.

We also compared XTB’s fees with those of two similar brokers we selected, IG and eToro. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of XTB alternatives.

To have a clear overview of XTB, let’s start with the trading fees.

To register XTB broker, click here   XTB.Com

XTB trading fees

XTB’s trading fees are low.

How you pay fees depends on your account type. In the Standard account, you pay only spreads, while in the Pro account you pay commissions in addition to market spreads, i.e. interbank spreads. We reviewed the Pro account.

We know it is hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.

We have chosen popular instruments within each asset class:

• Stock index CFDs: SPX and EUSTX50
• Stock CFDs: Apple and Vodafone
• Forex: EURUSD, GBPUSD, AUDUSD, EURCHF and EURGBP

A typical trade means buying a leveraged position, holding it for one week and then selling. For the volume, we chose a $2,000 position for these stock index and stock CFDs and $20,000 for forex transactions. The leverage we used was:

• 20:1 for stock index CFDs
• 5:1 for stock CFDs
• 30:1 for forex

These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. Let’s see the verdict for XTB fees.

CFD fees

XTB has average stock index CFD fees, and high stock CFD fees.

 

To register XTB broker, click here   XTB.Com

XTB charges  €3.5/£3/$4 per lot/contract per trade, plus the spread cost for stock index CFDs.

Stock and ETF CFD fees are charged as a volume-based fee, but a minimum fee applies.

 

In addition, XTB deducts a fee from dividend payments. For example, 30% is deducted from US stock dividends.

Forex fees

XTB’s forex fees are low.

 

To register XTB broker, click here   XTB.Com

XTB charges €3.5/£3/$4 per lot per trade, plus the spread cost in the case of forex trading.

Real stock and ETF fees

XTB provides real stocks and ETFs only for EU customers onboarded under XTB’s Polish entity.

Stock and ETF fees are average in comparison with similar brokers; not as competitive as eToro’s zero fees, but a bit better than IG’s fees.

Stock and ETF fees are charged as a volume-based fee, but a minimum fee applies.

XTB charges a 0.5% conversion fee whenever you trade an asset in a currency other than your account base currency.

To register XTB broker, click here   XTB.Com

Non-trading fees

XTB has average non-trading fees. There is no account fee, no deposit fee for bank transfers or credit/debit card deposits, and no withdrawal fee for withdrawals above $100.

If you use electronic wallets, a 2% fee is charged. XTB charges a $20 fee for withdrawals below $100. In addition, there is a €10 monthly fee after one year of inactivity.

 

Account opening

Pros	Cons
• Fast	None
• Fully digital
• No minimum deposit

 

XTB accepts customers from all over Europe and from most countries around the world.

To register XTB broker, click here   XTB.Com

What is the minimum deposit at XTB?

XTB has no minimum deposit for individual accounts. On the other hand, corporate accounts require a relatively high £15,000 minimum deposit.

Account Types

There are two account types at XTB, each with different fee structures:

• Standard account: wider spreads, but no commission
• Pro account: tighter spreads, but there is a commission

We tested the Pro account. Some pages on XTB’s website contain information about Basic accounts, but this is a legacy account type you can’t open anymore.

If you open an account outside Europe, you can also open an Islamic account in addition to the above-mentioned account types. This account type is compliant with Islamic law and doesn’t charge swap fees.

A corporate account is also available.

How to open your account

XTB’s account opening process is fully digital, fast and straightforward. Filling out the forms and submitting all the documents takes around 30 minutes. Once you’re done, your account will be verified within a day.

The 5 steps of XTB account opening:

1. Enter your email address and country of residency.
2. Add some personal information, like your date of birth and address.
3. Select the trading platform, account type and account base currency.
4. Answer questions about your employment status, financial status and trading experience.
5. Activate your account by verifying your identity and residency.

Some European clients can verify their identity via video, which is a great feature.

If video verification is not possible, you must upload a photo or scanned copy of your photo ID, passport or driver’s license. Utility bills and bank statements are accepted as proof of residency.

To register XTB broker, click here   XTB.Com

 

XTB review – Account opening

Deposit and withdrawal

Pros	Cons
• Credit/Debit card available	• Few minor account currencies accepted
• Free withdrawal
• No deposit fee

 

To register XTB broker, click here   XTB.Com

Account base currencies

XTB’s account base currency selection includes USD, EUR and GBP. Besides these major currencies, HUF and PLN accounts are also available.

This selection of account base currencies is average compared to similar brokers.

Why does this matter? For two reasons. If you fund your account in the same currency as your bank account or you trade assets in the same currency as your account base currency, you don’t have to pay a conversion fee.

A convenient way to save on currency conversion fees is opening a multi-currency bank account at a digital bank. Digital banks offer bank accounts in several currencies with great currency exchange rates as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.

To register XTB broker, click here   XTB.Com

Deposit fees and options

XTB charges no deposit fees. Electronic wallets such as Paypal or Skrill charge 2% of the deposited amount, which is quite high.

Besides bank transfer and credit/debit cards, many electronic wallets are also accepted for deposits.

• Paypal
• Paysafe (formerly Skrill)
• Neteller
• Paydoo
• PayU
• SafetyPay
• ECOMMPAY
• BlueCash
• Blik
• Sofort

Your country of residency determines which electronic wallets are available for you. For example, deposit via Sofort is available only for German customers.

A bank transfer can take several business days, while payment with credit/debit cards and electronic wallets is instant. You can only deposit money from sources that are in your name.

XTB review – Deposit and withdrawal – Deposit

To register XTB broker, click here   XTB.Com

XTB withdrawal fees and options

XTB charges no withdrawal fees if the amount is above $100. The only way to withdraw money is by bank transfer.

If you withdraw an amount below the threshold, XTB charges a high fee.

How long does it take to withdraw money from XTB? Bank transfer withdrawal took 1 business day. If you initiate the withdrawal before 1 p.m., it will arrive on the same day, otherwise it arrives on the next working day.

You can only withdraw money to accounts in your name.

How do you withdraw money from XTB?

• Log in to the trading platform.
• On the bottom right, click ‘Deposit and withdraw funds.’
• Enter your bank account details and the amount you wish to withdraw.
• Initiate the withdrawal.

Web trading platform

Pros	Cons
• User-friendly	• No two-step (safer) login
• Clear fee report
• Good search function

 

 

You can choose between two trading platforms:

To register XTB broker, click here   XTB.Com

• xStation 5, XTB’s own trading platform
• MetaTrader 4, a third-party tool

In this XTB review, we tested the xStation 5. This trading platform is available in many languages:

Look and feel

At first glance, xStation 5 might appear like a platform designed for professional users, but as you start to use it, you will find it well-designed and user-friendly, even if you are a beginner.

You can easily customize the web trading platform.

XTB review – Web trading platform

Login and security

Only one-step login is available. Two-step login would be more secure.

To register XTB broker, click here   XTB.Com

Search functions

XTB’s search function is great. There are different ways you can search for an asset by clicking ‘Market Watch’:

• Type the name of the product in the search bar.
• Browse by various categories and product types. For example, if you want to trade a US stock CFD, just click on the stock type and select the US.

XTB review – Web trading platform – Search

Placing orders

You can use the following order types:

• Market
• Limit
• Stop
• Trailing stop

If you are not familiar with the basic order types, read this overview.

There is also one order time limit you can use: Good ’til Time (GTT).

A useful feature of the platform is the trader calculator, which helps you calculate the margin, the commission and other important parameters for each trade.

To register XTB broker, click here   XTB.Com

XTB review – Web trading platform – Order panel

Alerts and notifications

We liked the ease of setting alerts and notifications. You can set up email, SMS and push notifications for important events such as margin calls, deposits and withdrawals, your closed/open positions, and other features.

Portfolio and fee reports

The platform has clear portfolio and fee reports, including the profit/loss of your positions. You can find them under the ‘History’ tab. Daily email reports are also available.

Mobile trading platform

Pros	Cons
• User-friendly	• No two-step (safer) login
• Price alerts
• Modern design

 

Both xStation 5 (XTB’s own platform) and MetaTrader 4 have mobile platforms on iOS and Android. You can also use an Apple Watch. Similarly to the web trading platform, we tested xStation’s mobile application, using an Android device.

The mobile trading platform is available in the same languages as the web trading platform.

To register XTB broker, click here   XTB.Com

Look and feel

XTB’s mobile trading platform is user-friendly and well-designed. You can easily find every important feature.

XTB review – Mobile trading platform

Login and security

The application provides only one-step login. Two-step login would be more secure.

At the same time, you can set fingerprint authentication on compatible devices. This is a great and convenient feature.

Search functions

xStation’s search function is great. You can type the name of the product in the search bar or just browse the different categories.

XTB review – Mobile trading platform – Search

Placing orders

You can use the same order types as on the web trading platform:

• Market
• Limit
• Stop
• Trailing stop

There is also one order time limit you can use: Good ’til Time (GTT).

To register XTB broker, click here   XTB.Com

XTB review – Mobile trading platform – Order panel

Alerts and notifications

You can set many different types of alerts and notifications, including price alerts or notifications about important market news.

Desktop trading platform

Pros	Cons
• User-friendly	• No two-step (safer) login
• Clear fee report
• Good customizability (for charts, workspace)

 

xStation 5’s desktop version is the same as its web equivalent version.

XTB review – Desktop trading platform

To register XTB broker, click here   XTB.Com

Markets and products

XTB’s default product selection includes only CFDs, forex and crypto. Some European clients can also trade real stocks and ETFs. Popular asset classes like bonds, mutual funds, options and futures are not available.

XTB is primarily a CFD and forex broker. To learn more about CFDs, read our CFD trading tips.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

XTB’s CFD selection is on the whole similar to eToro’s but not nearly as competitive as IG’s.

FCA bans the sale of crypto-derivatives to UK retail consumers from 6 January 2021.

You can’t change the default leverage level of the products. This is a drawback, as we believe this is an important factor you should be able to control.

Changing the leverage manually is a very useful feature when you want to lower the risk of your trade. Be careful with forex and CFD trading, as the preset leverage levels may be too high.

Real stocks and ETFs

Trading real stocks and ETFs is available for European clients, except in the UK, Cyprus, Hungary and Italy. The stock product selection is great, though the number of ETFs is low.

 

Research

 

XTB’s research tools come from two sources:

• The xStation 5 trading platform.
• The ‘Market Analysis’ section of the XTB website.

Research tools are available in many languages, such as English, Arabic or Chinese. However, when we set the platform’s language to English, we still got the news commentary in our own language.

To register XTB broker, click here   XTB.Com

Trading ideas

XTB provides a few trading ideas, which can be found in the news flow. These trading ideas are usually short-term and based on technical tools.

However, these trading ideas are not well structured. For example, when you search for trading ideas about a specific asset, you get a lot of search results and it’s not easy to find the right one.

XTB review – Research – Recommendations

Fundamental data

You can only find limited fundamental data, such as the P/E ratio or the debt-to-equity ratio. However, you can’t access financial statements or operational metrics.

XTB review – Research – Fundamental data

Charting

XTB has good charting tools. It is easy to edit and save charts. You can use 35 technical indicators, which is about average when compared to other brokers.

XTB review – Research – Charting

To register XTB broker, click here   XTB.Com

News feed

News is provided by XTB’s own research team, which was voted ‘Best EMEA FX Forecaster’ by Bloomberg in Q2 and Q3 2018. The news flow is a mix of recommendations; data releases from the economic calendar; live “Traders Talks”; and brief messages about current market developments.

In the economic calendar, you can see upcoming events. When you select an event, you can read a short summary and check historical data.

XTB review – Research – Economic calendar

Other research tools you will enjoy

The ‘Market sentiment’ feature shows the percentage of long and short positions among clients for each asset. Another tool, the ‘Heatmap’, visualizes winners and losers.

XTB review – Research – Market sentiment

The ‘Stocks scanner’ uses 15 factors to filter stocks you may want to trade, including market capitalization, P/E, beta and debt-to-equity ratio.

To register XTB broker, click here   XTB.Com

XTB review – Research – Stock screener

Another useful tool is the ‘ETF scanner’. This is very similar to the stock scanner, offering 10 filters such as cumulative return or the total value of assets. When we tested this tool, only three ETFs were visible and the filters we tried to change were not always working.

Customer service

 

You can contact XTB via:

• Live chat
• Phone
• Email

You can reach customer service in many languages, including some minor ones like Hungarian or Romanian.

XTB’s live chat works well. We tested it in multiple languages in several countries. Responses were fast and we got useful answers.

We had a great experience when we tested XTB’s phone support. They answered the phone instantly and we got relevant answers.

To register XTB broker, click here   XTB.Com

When we contacted XTB via email, asking for some help, we got a call back in a couple of hours. Customer Service answered our question sent via email, and could also answer all additional questions asked during the call.

Clients outside Europe can reach XTB’s customer support 24/7. For European clients, however, customer service is only available 24/5.

XTB review – Customer Service

Education

 

To register XTB broker, click here   XTB.Com

XTB’s education materials are varied and of high quality, including:

• Demo account
• Platform tutorial videos
• General educational videos
• Webinars
• Quality ebooks and educational articles

We liked the structure of educational texts, as they are grouped based on the user’s trading experience as well as by subject. The texts are high quality, understandable and logically structured. At the end of each lesson, you can fill out a quiz. This is a great feature that is not usually offered by other brokers.

In April 2019, XTB held a unique educational event called Global Online Trading Masterclass. The event was live-streamed and participants could listen to classes by many trading experts.

XTB review – Education

To register XTB broker, click here   XTB.Com

You can also watch educational and trading platform videos embedded into the texts on the website. XTB occasionally offers live webinars as well.

 

XTB is based in London and in Warsaw. It is a global broker established in 2002, serving clients around the world, and has offices in more than 10 countries.

To register XTB broker, click here   XTB.Com

Is XTB regulated?

It is regulated by several financial authorities:

• the UK’s Financial Conduct Authority (FCA)
• the Cyprus Securities and Exchange Commission (CySEC)
• the Polish Financial Supervision Authority (KNF)
• the National Securities Market Commission (CNMV) of Spain
• the International Financial Services Commission of Belize (IFSC).

Is XTB safe?

To be certain, we highly advise that you check two facts:

• how you are protected if something goes wrong
• what the background of the broker is

How you are protected

XTB operates via five different legal entities globally. This is important for you because the investor protection amount and the identity of the regulator differs from entity to entity. 

Here’s a handy summary table for easy comparison:

*The investor protection amount is 100% up to €3,000, 90% up to €22,000, for total max. compensation of €20,100

To register XTB broker, click here   XTB.Com

XTB provides negative balance protection for forex spot and CFD trading, but only for retail clients from the European Union. Professional and non-EU clients are not covered by any negative balance protection.

Background

XTB was established in 2002. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.

XTB is listed on the Warsaw Stock Exchange, which is a big plus for safety as XTB releases its financial statements regularly and transparently.

Being listed on a stock exchange, being regulated by financial authorities and providing financial statements are all great signs for XTB’s safety.

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3. The second, Detailed review of FBS broker

FBS broker is a reputable forex broker that has developed in the world very early. With special competitive advantages and popular advertising campaigns, FBS has attracted many investors.

Introduction of FBS broker

FBS is an international Forex broker established in 2009 and now present in more than 190 countries with more than 13 million traders and 370 000 partners worldwide.

In addition, FBS also owns up to 19 different websites to serve each market they target. For example, the homepage of FBS is https://fbs.com

To register FBS broker, click here

The operating licenses and insurance policies for FBS’s traders

FBS Inc. is registered on the Marshall Islands, located near the equator on the Pacific Ocean with code 74825.

FBS.com is operated by FBS Markets Inc, registered in Belize with code  119771, authorized and regulated by the International Financial Services Commission (IFSC) with code IFSC / 60/230 / TS / 18.

FBS.eu is in charge of managing the operations of FBS in Europe, operated by TradeStone Ltd, an investment firm located in Limassol, Cyprus, authorized and regulated by the Cyprus Security and Exchange Commission (CySEC) with code 331/17.

To register FBS broker, click here

The insurance policies of FBS broker

FBS operates according to the mechanism of Segregated accounts, which ensure the safety of customers’ accounts.

Customer’s accounts will be kept separately FBS does not have the right to access and use them for any purposes.

Types of trading accounts in FBS broker

FBS offers a wide range of accounts for its customers with its own characteristics suitable for different types of customers. It is considered as an advantage that makes FBS be highly appreciated.

Standard account

Standard accounts are suitable for most traders, with a wide range of instruments and spreads of only 0.5 pips.

• Minimum initial deposit: 100$
• Floating spread from 0.5 pip
• Commission: No
• Leverage up to: 1:3000
• Maximum number of open positions and pending orders: 200
• Volume of positions: from 0.01 to 500 lot
• Time of execution: 0.3s
• Margin call level: 40%
• Stop-out level: 20%
• Instruments: 35 currency pairs, 4 metals, 3 CFDs, 33 stocks
• Swap: No

To register FBS broker, click here

Cent account

Cent account is extremely helpful, especially for new traders participating in the Forex market.

You can train, improve skills as well as test methods of trading on real accounts with extremely low costs.

• Minimum initial deposit: 1$
• Floating spread from:  1 pip
• Commission: No
• Leverage up to: 1:1000
• Maximum number of open positions and pending orders: 200
• Volume of positions: from 0.01 to 1 000 cent lot
• Time of execution: 0.3s
• Margin call level: 40%
• Stop-out level: 20%
• Instruments: 35 currency pairs, 4 metals, 3 CFDs, 33 stocks
• Swap: No

To register FBS broker, click here

Micro account

Micro account is similar to Cent account, with fixed spread instead of floating one.

• Minimum initial deposit: 5$
• Fixed spread from 3 pip
• Commission: No
• Leverage up to: 1:3000
• Maximum number of open positions and pending orders: 200
• Volume of positions: from 0.01 to 500 lot
• Time of execution: 0.3s
• Margin call level: 40%
• Stop-out level: 20%
• Instruments: 35 currency pairs, 4 metals, 3 CFDs.
• Swap: No

To register FBS broker, click here

Zero Spread account

Zero Spread account has the spread from 0 pips, with leverage up to 1: 3000, and commission of $20/lot.

• Minimum initial deposit: 500$
• Fixed spread from 0 pip
• Commission: 20$/lot
• Leverage up to: 1:3000
• Maximum number of open positions and pending orders: 200
• Volume of positions: from 0.01 to 500 lot
• Time of execution: 0.3s
• Margin call level: 40%
• Stop-out level: 20%
• Instruments: 35 currency pairs, 4 metals, 3 CFDs..
• Swap: No

To register FBS broker, click here

ECN account

ECN account is usually intended for organizations and professional traders.

Commission of ECN account is only $ 6 / lot,  with favorable trading conditions, low transaction costs and high transaction speed.

• Minimum initial deposit: 1000$
• Floating spread from -1 pip (EURUSD)
• Commission: 6$/lot
• Leverage up to: 1:500
• Maximum number of open positions and pending orders: No limit
• Volume of positions: from 0.01 to 500 lot
• Execution: ECN
• Margin call level: 40%
• Stop-out level: 20%
• Instruments: 25 currency pairs
• Swap: Yes

To register FBS broker, click here

The promotion programs of FBS broker

FBS is one of the most generous brokers in terms of bonuses and promotions for customers.

Trade 100 Bonus: The Trade 100 Bonus provides new traders with opportunitíes to trade with real accounts, experience real markets without any  initial deposit.

100% Deposit Bonus: You will be able to double your deposit with an unlimited trading time, profit, and promotion time.

Cashback: This is a cashback program for customers whenever they make transactions. You just trade as usual and FBS will refund you up to $ 15 / lot.

To register FBS broker, click here

FBS trading platform

FBS Trader

FBS Trader is an app developed by FBS on mobile devices for its users, having all transactional features, allowing you to access 24/7 from any iOS or Android device.

MetaTrader 4 & 5

MetaTrader 4 & 5 are the most popular brokers for forex traders, allowing them to easily conduct transactions with just one click and manage multiple accounts at the same time.

The MetaTrader 4 & 5 also provide lots of trading tools, analytical indicators and also allow traders to use EA to facilitate their trading process.

FBS CopyTrade

It is a social networking trading platform where traders can automatically copy the strategies and transactions of experts.

FBS provides a list of professional traders that display the profile, success rate, number of copies and commission they provide.

For FBS CopyTrade, you can:

• Follow the best traders and earn money with 5% fixed commission.
• Gather information of Traders: Browse the list of top traders, view statistics on their profits and choose the most successful traders to copy.
• Create your own portfolio: Create a portfolio of top traders and keep track of their transactions.
• Start and stop copying whenever you want.

If you are a Trader with good trading results, there will be a lot of investors who want to copy yours, thereby helping you to earn more money without spending more effort, the only thing you do is to keep trading.

To register FBS broker, click here

MT4 Multiterminal

MT4 Multiterminal is an ideal tool for traders who want to manage multiple MT4 accounts at a single terminal using the Master Login and Password information.

The instruments available on FBS

The instruments available on FBS are quite limited: 35 currency pairs, 4 metal pairs and 3 CFDs

For ECN account, there are only 25 currency pairs and no metal pairs

For most users, what FBS offers may be sufficient for daily trading, except for professional traders or fund managers.

Customer support service of FBS broker

FBS well looking after its customers by providing them with various contact methods such as Telegram, Messenger, Viber or Livechat on the FBS’s homepage.

In particular, FBS provides a good service called Callback – Call me back. Just leave your phone number, choose the time you receive the call and fill in your email, the FBS support team will contact you proactively.

To register FBS broker, click here

Diverse deposit and withdrawal methods of FBS broker

For traders, FBS allows them to deposit and withdraw money from many big banks.

In addition, traders can make transactions through electronic wallets such as Perfect Money, Neteller, Skrill and Sticpay.

Deposits via bank transfer can be processed from 15 to 20 minutes, the others are processed instantly.

The processing time for a withdrawal request is usually from 15 to 20 minutes, in my opinion, FBS is one of the broker with the fastest withdrawal speed.

To register FBS broker, click here

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2. The third, Detailed review of ICmarkets broker

Introduction ICmarkets broker

ICMarkets is a Forex broker established since 2007 and based in Australia.

After more than 12 years of establishment and development, ICMarkets has now become the largest broker in Australia and also one of the largest brokers in the world.

According to statistics, the trading volume of ICMarkets reached an average of more than $ 400 billion per month in 2018.

In 2019, ICMarkets set a record of $ 646 billion in trading volume in March.

To register ICmarkets broker, click here

ICMarkets is regarded as the broker with the lowest spread in the world, competitive costs and good customer service.

The operating licenses and insurance policies for ICmarkers’s customers

The ICMarkets broker is authorized and regulated by the Australian Securities and Investments Commission (ASIC).

ICMarkets also has an Australian Financial Services License (AFSL) No. 335692 and is authorized to provide financial services in Australia.

In addition, ICMarkets is a member of the Australian Financial Complaints Agency (AFCA)

ICMarkets follows strict rules related to customers’ accounts in the form of segregated accounts.

When an account is funded for transactions, the client’s funds will be held in trust accounts at the National Bank of Australia (NAB) and Westpac Bank Corporation.

ICMarkets also has a professional indemnity insurance agreement with London-based Lloyds Insurance to protect its customers.

In addition, ICMarkets is directly under an Externally Audited to ensure its activities are compliance with legal obligations and operational procedures.

With a series of information I have just mentioned above, I believe that you are able to somewhat give your own assessment of the reputation for the ICMarkets.

To register ICmarkets broker, click here

Types of ICmarkets trading accounts

Currently, ICMarkets provides 3 main types of accounts for traders. Each type of account has its own advantages and disadvantages.

True ECN account (cTrader)

cTrader account has low spread and commission, suitable for day and scalping traders. It has some following characteristics:

• Minimum initial deposit: $200
• Leverage up to: 1:500
• Type of Spread: Float
• Spreads from (pip): 0 pip
• Commission: 6$/lot
• Minimum volume: 0.01 lot
• Stop Out: 50%

Because cTrader is not popular, I do not encourage you, especially newbie to trade on this account.

To register ICmarkets broker, click here

True ECN ICMarkets account

This is the most popular type of ICMarkets account and is highly appreciated by the community.

Its advantages are low spread, averaging only 0.1 pips for EUR/USD and a fairly competitive commission, $ 3.5/lot.

In addition, it has extremely fast speed of execution without no delay. If you are a Scalper, ECN is the best choice for you.

• Minimum initial deposit: $200
• Leverage up to: 1:500
• Type of Spread: Float
• Spreads from (pip): 0 pip
• Commission: 7$/lot
• Minimum volume: 0.01 lot
• Stop Out: 50%

To register ICmarkets broker, click here

Standard ICMarkets account

ICMarkets is famous for its competitive spread. The standard account has no commission fee but its spread is greater than True ECN and cTrader with average 1.0 pips for the EUR/USD. Speed of execution and latency are equivalent to True ECN.

• Minimum initial deposit: $200
• Leverage up to: 1:500
• Type of Spread: Float
• Spreads from (pip): 1 pip
• Commission: No
• Minimum volume: 0.01 lot
• Stop Out: 50%

To register ICmarkets broker, click here

ICMarkets trading platform

ICMarkets offers a full range of the most popular trading platforms available, including MetaTrader 4, MetaTrader 5, Meta WebTrader and cTrader.

Instruments, ICMarkets offers a wide range of products for trading markets

ICMarkets offers a wide range of products for trading markets such as: Forex, Indices, Commodities, Stocks, Bonds, Crypto, Futures

ICMarkets customer support service

ICMarkets owns a good customer support team. You can ask for support via Livechat or email.

To register ICmarkets broker, click here

Deposit and withdrawal methods of ICmarkets

ICMarkets offers a variety of deposit and withdrawal methods, and most of them are “instant”. You can make a deposit request within only a few seconds, the money will immediately come into your account for your transaction.

ICMarkets does not charge any fees for deposits and withdrawals. Withdrawals usually take about 24 to 48 hours depending on your withdrawal method

Currently, most traders in Vietnam choose some following popular ways:

• Internet Banking
• Skrill
• Neteller
• Visa/Mastercard

Thus, it can be said that IC Markets is highly- rated broker in Vietnam. Over 10 years of operation, IC Markets has not had any scandals.

Along with many outstanding advantages  such as low cost, transparent information and advanced platform, IC Markets is a hard-to-ignore broker for those who want to invest in making profits from the forex market.

To register ICmarkets broker, click here

 

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4. The fourth, Detailed review of XM broker

XM.com (or XM for short) is considered as one of the most famous Forex brokers in the world thanks to its  outstanding marketing and advertising campaigns.

Introduction of XM broker

XM was established in 2009 and based in Limassol, Cyprus. In addition, there are also international offices in London, Athens and Sydney.

To register XM broker, click here

• XM currently serves more than 2.5 million customers from 196 countries.
•  Over 1.4 billion transactions have been made without any requote or order rejection.
• Average daily trading volume is about $ 15 billion.
• There are partnerships in over 120 cities around the world.
• The official website of XM has over 5 million hits per month.

The operating licenses and insurance policies for XM’s customers

For any Forex broker, including XM, being managed by the most trusted financial institutions in the world is always an extremely important factor to evaluate their reputation levels.

Currently, XM is under the trade name of Trading Point Holdings Ltd, which is the owner of subsidiaries located in many countries as follows:

1. Trading Point of Financial Instruments UK Ltd (XM UK)
2. Trading Point of Financial Instruments Pty Ltd (XM Australia)
3. XM Global Limited (XM Global)
4. Trading Point of Financial Instruments Ltd (XM Cyprus)

To register XM broker, click here

Specifically,

• Trading Point of Financial Instruments UK Ltd (XM UK) is authorized and regulated in the United Kingdom by the Financial Regulatory Authority (FCA).
• Trading Point of Financial Instruments Pty Ltd (XM Australia) is licensed by the Australian Securities and Investments Commission (ASIC).
• XM Global Limited (XM Global) is regulated by the International Financial Services Commission (IFSC).
• Trading Point of Financial Instruments Ltd (XM Cyprus) is regulated by the Cyprus Securities and Exchange Commission (CySEC), and is registered by FCA.

Types of XM trading accounts

Currently, XM offers 3 main types of accounts for traders such as Micro, Standard and XM Ultra Low.

To register XM broker, click here

Micro account:

It is an account with a specified lot size smaller than the standard account, 1 lot = 1000 units, which means 1 lot on Micro account is equivalent to 0.01 lot on standard account.

This type of account is suitable for those who want to practice skills and test trading systems and run EA on the real market. You don’t need to spend a large of money to test EA’s effectiveness with minimum risks.

• Minimum initial deposit: $5
• Leverage up to: 1:888
• Type of Spread: Floating
• Spread từ (pip): 1 pip
• Commission: No
• Maximum number of concurrent positions: 200
• Stop out: 20%

To register XM broker, click here

Standard account

1 lot = 100,000 units.

• Minimum initial deposit: $5
• Leverage up to: 1:888
• Type of Spread: Thả nổi
• Spread from (pip): 1 pip
• Commission: No
• Maximum number of concurrent positions: 200
• Stop out: 20%

To register XM broker, click here

XM Ultra Low account:

It is most appreciated by the traders and is used by XM to compete with ECN account with extremely low spreads of other brokers like ICMarkets.

For XM Ultra Low account, you do not have to pay commission if spreads is only from 0.6 pips. However, it is of extremely high leverage of 1: 888 for accounts under $ 20 000.

For accounts above $20 000, the maximum leverage XM offers you is from 1: 100 to 1: 200.

Overall, XM Ultra Low account includes extremely competitive costs and some advantages in the Forex market.

• Minimum initial deposit: $50
• Leverage up to: 1:888
• Type of Spread: Thả nổi
• Spread from (pip): 0.6 pip
• Commission: No
• Maximum number of concurrent positions: 200
• Stop out: 20%

To register XM broker, click here

The promotion program of XM

XM is known for being the most generous and powerful broker in advertising campaigns, sponsor for many famous brands inside and outside the industry.

• 30$ as a bonus when registering an XM account
• 15% bonus program
• Lucky draw program

XM trading platform

XM offers users a variety of trading platforms, including MT4, MT5 and Web Trader, which are available to from Windows and Mac platforms, to mobile platforms such as Android, iOS and Tablet devices.

To register XM broker, click here

Instruments, XM offers a wide variety of trading instruments

XM offers a wide variety of trading instruments in many different fields, including:

• Forex: XM offers up to 57 currency pairs, is of extremely high leverage up to 1: 888, spreads from only 0.6 pips and no commission.
• CFDs: Traders can trade CFD stocks with more than 300 companies worldwide.
• Commodities: 8 major products such as Cafe, Wheat, Sugar, Corn, …
• Equity indices: About 30 trading indices including cash index and future index with full categories such as S&P 500, Nasdaq 100, Dow Jones, Nikkei 225, DAX and so on.
• Metal: XM offers Gold and Silver with leverage up to 1: 888 and spreads only 0.3 pips for Gold.
• Energies: 5 types of energies are traded with spreads only from 0.03 for Gas and from 0.05 for Oil.
• Shares: 100 different stock codes. In particular, the transaction fee for US stocks is $ 0.04 per share, the minimum commission is $ 1. The transaction fee for UK and German stocks is 0.1% per transaction, the minimum commission is $ 9 and $ 5 respectively.
• Crypto: XM offers the 5 most popular cryptocurrencies: B.T.C, E.T.H, L.T.C, X.R.P and B.C.H, which creates attractive investment options. Besides Forex, currently, Crypto on XM is only available on MT5 platform, with leverage up to 1:5, fixed swap for buy and sell orders respectively -25 and – 10 (deposit).

Customer support service of XM broker

XM supports through livechat in over 30 languages. Therefore, traders are very easy to look up information or find the answers quickly.

To register XM broker, click here

Deposit and withdrawal methods of XM broker

Currently, XM offers 9 deposit methods for customers, which are very popular among the traders, exceeding our expectation.

With the licensing and management of trusted financial institutions and the awards XM has achieved over the years, XM deserves to be a broker you can believe.

To register XM broker, click here

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5. the fifth, Detailed review of NordFX broker

Introduction of NordFX broker

Although NordFX has been developing in the world market for a long time  in the Forex market.

NordFX was established in 2008, after 11 years of operation, NordFX now has more than 1.2 million customers from more than 100 countries worldwide.

To register NordFX broker, click here

NordFX is a firm owned by NordFX CY (NFX CAPITAL VU INC), based in Port Vila, Vanuatu. There are many offices around the globe, focusing on thriving in markets such as Russia, China, Thailand, India and Vietnam.

The operating licenses and insurance policies for NordFX’s traders

The operating licenses and certificates

In terms of regulation, NordFX is regulated by the VFSC Financial Services Commission of Vanuatu with code 15008 and the Indian Securities and Exchange Commission (SEBI).

NordFX is also licensed by the Cyprus Securities and Exchange Commission (CySEC). As a member of EU, , CySEC’s financial regulations and operations comply with European MiFID financial laws.

To register NordFX broker, click here

Types of NordFX’s trading accounts

NordFX is better evaluated than other because it allows traders to open accounts quickly via social networking channels such as Facebook and Twitter.

NordFX offers 4 different types of trading accounts (excluding Demo accounts), including:

• Fix account
• Pro account
• Zero account
• Crypto account

Fix account

• Minimum initial deposit: 10$
• Instruments: 28 forex pairs + 14 cryptocurrency pairs + precious metals + 6 crypto indices
• Commission: No
• Quote price: 4 decimal places
• Leverage up to: 1:1000
• Spread: from 2 pips

To register NordFX broker, click here

Pro account

• Minimum initial deposit: 250$
• Instruments: 33 currency pairs + 14 cryptocurrency pairs + precious metals + 6 crypto indices
• Commission: No
• Quote price: 5 decimal places
• Leverage up to: 1:1000
• Spread: from 0.9 pips

To register NordFX broker, click here

Zero account

In my opinion, it is also the most used trading account on NordFX and it is ideal for scalping traders with the lowest possible spread of only 0.0 pips.

• Minimum initial deposit: 500$
• Instruments: 33 currency pairs + 14 cryptocurrency pairs + precious metals + 6 crypto indices
• Commission: 3.5$/lot
• Quote price: 5 decimal places
• Leverage up to: 1:1000
• Spread: from 0.0 pips

To register NordFX broker, click here

Crypto account

NordFX offers E-Money accounts with a minimum deposit of $10. Depending on the type of account you choose, you can deposit in USD, B.T.C or E.T.H, ….

• Minimum initial deposit: 500$
• Instruments: 16 cryptocurrency pairs + 4 crypto indices
• Taker charge: 0.09%
• Maker charge: -0.02%
• Spread: from 1 pip
• Swap: 14% per year

To register NordFX broker, click here

Currently, it can be said that NordFX is one of the well-rated cryptocurrency exchanges in the market. You can trade 24/7/365 without waiting for open sessions such as Forex.

In addition, starting in April 2019, NordFX customers can use one of the most popular authorised management methods available today, called PAMM.

NordFX’s PAMM service offers a range of trading tools available for Pro and Zero accounts, including 33 currency pairs, metals, 15 cryptocurrency pairs, 4 cryptocurrency indices and CFD contracts for stock and oil indices worldwide.

To register NordFX broker, click here

NordFX trading platform

NordFX uses MetaTrader 4, MetaTrader 5 and MetaTrader 4 MultiTerminal as a exclusive program for investors, professional traders and fund managers managing multiple accounts at the same time with user-friendly interface and full of features.

Instruments and services on NordFX

Instruments on NordFX broker

There are totally 33 currency pairs, 14 cryptocurrency pairs, 4 cryptocurrency indices, gold and silver (depending on each type of account)

To register NordFX broker, click here

Investment management services

There is a special feature of NordFX different from other online brokers, in addition to providing trading instruments for traders, they also provide management investment services.

By investing in funds managed by NordFX, traders have the right to choose the amount as well as the duration of the investment. They can deposit and withdraw money whenever they want (with specific withdrawal fees by deadline).

Specifically, you will have 3 options, including:

• Pro Industry Fund
• Pro Tech Fund
• Pro Expert Fund

To register NordFX broker, click here

Customer support service of NordFX broker

NordFX’s website supports up to 14 different languages including English, Russian, Chinese, Indonesian, Spanish, Portuguese, Arabic, Hindu, Malay, Thai, Vietnamese.

You can access the website to ask staff for support via email, phone or livechat. Should you want direct support, there are 5 local phone numbers in China, India, Russian Federation, Sri Lanka and Thailand.

Moreover you can also contact NordFX through social media channels such as Facebook and Twitter …

To register NordFX broker, click here

Deposit and withdrawal methods of NordFX broker

The deposit and withdrawal of NordFX broker are considered as the most highly-rated factor in worldwide.

NordFX offers a variety of payment methods, suitable for all investors in different markets.

Deposit

NordFX now supports up to 15 payment methods allowing you to freely choose which option suits you best, such as WebMoney, Neteller, Skrill or Perfect Money, …

You can deposit via Bank Transfer in USD, EUR or RUB, also use Visa or Mastercard to make instant deposit with no charge.

NordFX does not collect any deposits from customers, you only pay your payment charges as prescribed.

Withdrawal

Regarding withdrawals, as above, I recommend Internet Banking

To register NordFX broker, click here

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6. The sixth, Detailed review of MultiBankFX broker

There are currently hundreds of Forex brokers, so choosing a reputable one to sign up is essential. Although there are many criteria to evaluate, with experience of Kienthuctrade, Multibankfx is the most suitable choice for traders

• Year of establishment: 2005
• Management agencies: ASIC, BaFin, FMA, CNMV, FSC, CIMA and RAK
• Minimum initial deposit: $ 50
• Platform: MetaTrader 4, MetaTrader 5 và Web trader

To register Multibankfx broker, click here

Intrduction of Multibankfx broker

Founded in 2005, Multibankfx is a Hong Kong based broker that offers a wide range of financial services.
In 2016, according to a report from Multibankfx, the firm generated $ 4.3 billion in revenue, which helped Multibankfx become a serious competitor in the forex market.

To increase its reputation, Multibankfx also expands the insurance coverage for services provided from around 90 countries.

Currently, Multibankfx or Mexgroup Group is considered as one of the largest Forex / CFD brokers. Even multibankfx claims itself to be one of the largest suppliers of derivative financial instruments in the world, with many offices located in different countries around the world such as the United States, Australia, Germany, Austria, Spain, UAE, China (Beijing, Guangzhou), Vietnam, Cyprus, British Virgin Islands and Cayman Islands.

MultibankFX has all necessary and convincing elements to make traders feel safe when investing their money.

To register Multibankfx broker, click here

The operating licenses and insurance policies for multibankfx’s customers

Multibankfx owns a variety of licenses, all of which are from leading financial institutions such as ASIC, BaFIN or Cayman Islands CIMA (Cayman Islands Monetary Authority) and BVI F FSC. The British Virgin Islands Financial Services Commission also signed a license for Multibankfx.

• ASIC: business code (ACN) 155 084 058, authorized and regulated by the Australian Securities and Investment Commission with code 416279. The registered business name is MEX Australia Pty Ltd.
• FMA: Mex Asset Management is the Austrian-based branch of German asset management company, with code 491129z.
• CIMA: Mex Wealth Management is a subsidiary located on Cayman Islands managed by the Cayman Islands Monetary Agency.

There are also a number of other licenses, which can be found more at: https://multibankfx.com/about/regulations

To register Multibankfx broker, click here

Types of trading accounts

There are 3 different types of accounts at Multibankfx: ECN Pro Account, MultiBank Pro Account and Maximus Account.

ECN Pro account allows trading with spreads from 0.1 pips under typical market conditions with a certain commission charge and is traded on the MT4 platform.

MultiBank Pro account allows trading with floating spreads from 0.8 pips under normal market conditions with no commission charge.

Maximus account allows trading with spreads from 1.4 pips under typical market conditions with no commission charge.

To register Multibankfx broker, click here

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7. The seventh, Detailed review of Forex4You broker

Introduction of Forex4you broker

Founded in 2007, its idea of financial investment had many difficulties due to financial crisis in the US one year earlier. The attempt to steer a new business has built up the powerful Forex4you brand name.

To register Forex4you broker, click here

Investing in exclusive Forex4you platform

In addition to using MT4, the firm invests a lot of money in building an exclusive platform with unique features only Forex4you customers can access and use, available on mobile, desktop and webtrader apps.

The diversity of Forex4you accounts

Currently Forex4you offers 5 types of accounts to investors as follows: Cent, Classic, Cent NDD, Classic NDD and Pro STP

These types of accounts are slightly different as follows: when choosing Cent account type, investors have 10 times lower risk and profit than the other, which is suitable for new investors because they only spend a small amount but take advantage of all the features of the technology platform with leverage up to 1: 1000.

If you are a trader who is interested in speed and absolutely no latency in trades, Pro STP account will be  optimize, however, investors can only use leverage at the rate of 1: 200.

If you only consider yourself to be a passive investor with copying, Pro STP account is not ideal. In general, the types of accounts at Forex4you have low spread compared to the market, the execution speed is almost instant and especially, there is no minimum margin requirement.

To register Forex4you broker, click here

The technology revolution 4.0 Share4you

Passive financial investment has never been easier for investors like now, especially with the help of Share4you, everything is almost perfect.

Share4you is a program which connects masters and investors, to summarize the situation of transactions of more than 1,000 effective traders worldwide and the task of an investor is to choose a suitable master at their own risk.

In order to be selected as a master for customers at Forex4you, the master needs to prove effective for 6 consecutive months, the risk must be within the allowed level of the program.

Therefore, the activities of the master are under the control of forex4you. As a completely new investor, you can take advantage of this method to make a profit without spending any money other than sharing the profits to the master you are copying.

In my opinion, this is an extremely useful program. Investors should not rush and spend time studying.

To register Forex4you broker, click here

Diversified promotion programs of Forex4you broker

Forex4you often activates bonus programs up to 100% deposit or $ 5000 cash for enough volume on real accounts or luxurious travel to Europe.

To register Forex4you broker, click here

Disavantages

For modern trading platform, however, MT5 has not been updated yet. Investors have been quite impressed with the new features of MT5, if it feaured this platform, Forex4you will be more complete.

Conclusion

Despite the fierce competition in the financial market, Forex4you forex broker always tries to perfect and desire to provide the quintessence of the market to investors. The firm also showed its respect to domestic investors when it opened an office to provide direct support. There are advantages and disadvantages, but Forex4you is a worthy destination.

If you have any questions, don’t hesitate. We are always happy to listen and answer your questions.

Let us know how you feel about the article by commenting below. If you find this article helpful, please share it to those who need this information and they will be very grateful to you, which is a great encouragement for us.

To register Forex4you broker, click here

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8. The eighth, Detailed review of FXPrimus broker

Fxprimus is an online broker with high safety and reputation in the world, which was licensed and operated under the management of the world’s leading legislatures in the financial markets such as CySEC with code 261/14 and FSCA with code 46675.

Over many years of operation, the firm has received many prestigious awards such as Global brands awards 2019, Global brand awards 2018, Trader awards 2018, FxdailyInfo awards 2018, 16th MENA FFEXPO 2016, etc. The firm is highly trusted by good trading platform and insurance policy up to 2.5 million USD.

To register Fxprimus broker, click here

Trading platform of Fxprimus broker

Fxprimus invests a huge amount of money in developing its platform to best serve investors at will. MT4 is preferred for individual traders and is considered as the best broker in the market with stable and diverse analysis tools.

For investors who are using Macbook with iOS platform, it is completely safe.

The PAMM platform allows all traders to seek passive income through fund investment. PAMM is similar to a copy of the transaction, you only open an account, make a deposit, select an expert on the ranking list and start copying.

In addition, the firm also offers a platinum-grade API which directly allows you to access the market with the best customized interface. Therefore, your transactions are faster, you can design the interface as you want, apply algorithms outside MT4 and the liquidity is fully adjustable.

To register Fxprimus broker, click here

ECN account

Fxprimus provides ECN account to all investors, helping traders’ positions be placed on the market without going through the broker. The execution speed of your is instant with spread cost from 0.0.

Recently, ECN account has become a condition to assess a forex broker, because it shows that the firm has absolutely no conflict of interest against investors.

To register Fxprimus broker, click here

Basic training support through professional videos is a special feature of Fxprimus

Knowledge is considered as an extremely important issue for each individual investor, many investors often psychologically quickly earn and neglect other stages.

Once you start making money, it is difficult for you to learn basic knowledge because you find it boring and useless. Therefore, you need to determine that you need to plam a strategy for yourself and have passed the testing stage before stepping into making money in the market.

Fxprimus offers professional and easy-to-understand training videos, you can completely learn from your experience thanks to them.

Take step by step, slowly but surely so as not to waste money without collecting any experience. Start with a demo account, see it as your first account and accumulate trading experience – emotions will help you succeed in the market with the failure of up to 85% of investors.

To register Fxprimus broker, click here

Diverse deposit and withdrawal methods

There are many high-qulity and prestigious methods of deposit and withdrawal such as banks, e-wallets or via bit.c.oin.

Conclusion

After learning and practically trading at Fxprimus, we have experienced modern platforms with instant execution speed and free online training programs providing us with a huge amount of knowledge. Fxprimus deserves a reputable forex broker for investment firm.

To register Fxprimus broker, click here

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9. The ninth, Detailed review of Fullerton Markets broker

Fullerton Markets is of particular interest to investors:

• For small and amateur traders: they can copy trading specialists’ orders automatically, which helps them not trade by themselves and also profit from experts.
• For professional traders – Experts: it is possible to gain greater profits thanks to investors copying their orders.

To register Fullerton Markets broker, click here

Introduction of Fullerton Markets

Fullerton Markets was established in 2016, based in New Zealand, registered company as Fullerton Markets Limited (reg. # 5810357), New Zealand, licensed by FSPR in New Zealand with code FSP477046.

Fullerton Markets is a straight-through processing (STP) broker operated by Director Mario Singh – an outstanding analyst and instructor in the Far East.

Fullerton Markets offers trading by currency pairs and CFDs, crude oil contracts and indices.

Fullerton Markets Limited, under the brand name Fullerton Markets , is regulated by the Financial Markets Authority (FMA). In 2018, it transfered all of its business from Newer Fullerton Markets Limited (FML) in New Zealand to a newly established foreign company called Fullerton International Market (FMIL). Later, the company was registered at Saint Vincent & the Grenadines, a popular offshore licensing point.

Fullerton Markets has also won a number of awards, including World Finance’s best deposit safety and the best forex broker 2019, Asia’s most innovative order processing system, awarded by Global Brands Magazine …

To register Fullerton Markets broker, click here

Instruments of Fullerton Markets broker

Fullerton Market offers some basic instruments such as: Forex, Metals, Crude Oil and Indices.

• Forex: Fullerton Markets offers major currency pairs, cross currency pairs and exotic currency pairs, made up of a combination of a major currency and a currency of an emerging economy or a new economy, for example USD/TRY. 1 lot = 100,000 units of the base currency.
• Metals: 2 main metals are gold and silver with price quoted in USD: XAU / USD and XAG / USD. Lot size is 100 ounces for gold, 5000 ounces for sliver.
• Crude oil: only US WTI crude oil, lot volume = 100
• Indices: Fullerton Markets allows investors to trade through popular indices in the world such as DJ30, SP500, US Tech 100, German 30, UK 100 … ,traded as CFDs, different indices have different volume , from 1 to 10.

Fullerton Markets does not provide cryptocurrencies, stocks and commodities.

To register Fullerton Markets broker, click here

Types of trading accounts

There are only 2 types of accounts at Fullerton Markets, which are real account and demo account. For real account, it is divided into 2 types of account based on spread: Variable spread and ECN spread

Demo account is usedfor new, inexperienced traders who want to practice trading on the market with no fees at all. Real account is used for traders with experience trading on the market. The parameters between the two types of accounts are the same, except for spread and commission.

• Leverage up to: 1:500
• 24-hour support
• Lot size, minimum and maximum number of positions are different for each type

• To register Fullerton Markets broker, click here

Trading platform

Fullerton Markets uses only trading platform, MT4, which is a popular one and is used by the majority of traders across the globe. MT4 is used through the software on computers and applied on phones.

Besides, Fullerton Markets also supports two trading systems, called CopyPip and Mirror Trader

• CopyPip is Fullerton Markets’ own copy trading system, allowing investors to select 1 of thousands of strategic suppliers. For example, there is $ 200 in the account of a strategic supplier contains, $ 400 (double) in account Investor’s account, if t strategic supplier earns $ 50 as profit, the investor will receive $ 100 and the loss will be similar. Traders can set profits and maximum risk optinally.

• To register Fullerton Markets broker, click here

The profile’s interface of the strategic suppliers on the CopyPip system

• Mirror Trader: Fullerton Markets is collaborate with financial technology provider called Tradency to create this system. Traders can track buy/sell signals from strategic suppliers so they can be applied to their trades.

To register Fullerton Markets broker, click here

Description of the mechanism of Mirror Trader and Tradency.

Leverage, commission and spread

• Leverage: Fullerton Markets offers leverage from 1:20 to 1: 500
• Commission: only used for ECN spread account, with 10$/1 lot
• Spread: Fullerton Markets only offers floating spreads, ECN spread account has low spreads, only from 0.1 pips, Variable account has higher speard, from 0.3 pips.
• Free commission for Variable spread account
• The average spread is not too high nor too low compared to the market
• Diverse deposit/withdrawal methods with no charge
• Especially, there is a tool called Copypip system to help customers copy transactions of experts without trading by themselves.
• Safe deposit
• Collaborating with leading liquidity support corporations in the world
• NDD environment
• MT4 is available with advanced copy trading options
• High leverage
• Competitive amplitude
• MT5 is unavailable, does not support direct trading on the web.

=> Fullerton Market is a reputable STP broker, offering forex and CFD trading on an account type via the popular MT4 under competitive terms and conditions.

To register Fullerton Markets broker, click here

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10. The tenth, Detailed review of FXTM (ForexTime) broker

Introduction of FXTM (Forextime) broker

Established in 2011, FXTM is currently the fastest growing broker with 1 million registered accounts within 7 years. It have received countless prestigious awards such as Most Innovative Broker (2018), Best Forex Broker Russia (2018), Best Forex Education Provider Africa (2018) Or Best Trading Conditions (2018).

To register FXTM (Forextime) broker, click here

The operating licenses of FXTM (Forextime) broker

A reputable exchange must first be managed by top financial firm. Therefore, after FXTM was licensed  by the Cyprus Securities and Exchange Commission (CySEC), with its efforts, FXTM continues to gain IFSC (International Financial Service Commission) certificate of the Republic of Belize

ForexTime trading platform of FXTM (Forextime) broker

Similar to many other reputable forex trading platforms, FXTM offers two main platforms including MT4 and MT5 as well as mobile apps so traders can make transactions at will.

Types of trading accounts of FXTM (Forextime) broker

FXTM offers a wide range of accounts for traders such as Cent, Standard, Stock, ECN and Strategic account.

To register FXTM (Forextime) broker, click here

Cent account

It is suitable for both new traders and experienced traders. They will use Cent account to test the broker before making a huge deposit because the low minimum deposit is only $5, the leverage is up to 1: 1000.

Standard account

It provides traders with a range of features and perks suitable for every trader, from beginner to expert. Minimum deposit is only from $ 100 and leverage up to 1: 1000, if you have been trading for a while, this is the perfect account for you.

To register FXTM (Forextime) broker, click here

Stock account

FXTM allows traders make transactions of more than 180 stocks with leverage up to 1:10, no commission charge and its real-time data is from two largest stock exchanges’ centers in the world.

ECN account

Commission fee of ECN account is relatively low at the rate of $4/ lot, especially, the minimum deposit ount can be considered as the lowest among 200STP / ECN forms, only $200.

Therefore, if you would like to trade in the interbank market, opening a forex account at FXTM is the best opportunity for you.

To register FXTM (Forextime) broker, click here

Deposit and withdrawal methods of FXTM (Forextime) broker

ForexTime supports many different deposit and withdrawal methods such as Internet Banking, Bao Kim, Ngan Luong, Visa, Mastercard, Neteller, Skrill …. with fast speed, convenience and no cost.

This process at FXTM is often carried out quickly so money will be transferred to the traders’ account within 10 minutes. For visa cards, it takes more time,  from 3 to 7 working days, but actually my money came into my account only within 1 day.

Customer support service of FXTM (Forextime) broker

The support team of ForexTime (FXTM) is very enthusiastic. Only by pressing the button located in the lower right hand corner of the Website screen to chat with the support staff. If you fail to meet is a consultant, they will use automatic translation software to chat with you .

To register FXTM (Forextime) broker, click here