As you probably know, it takes a trained eye to alert a legitimate forex trader to a scam. Well, we have been around for a while, and by leveraging our in-depth knowledge and experience in this field, we have compiled a list of the best forex traders.
So, ask yourself the following questions to help you decide which forex trader you should turn to. Is this your first time, or are you a veteran trader? Beginner traders are best suited for forex brokers with an easy-to-use platform and rich educational resources.
The forex trader you choose will also be determined by the amount you have to invest. If you have no money, you will need a trader who does not require a minimum deposit. In general, you need to find a merchant with fees and charges you can manage - the lower, the better.
If your tastes go beyond forex, the traders in our review today also offer other financial instruments. Therefore, you can choose the one that suits you best.
Well, that can only be expected with a company that has 46 years of experience and is listed on the London Stock Exchange. The company also has offices in 16 different countries and has received many awards in the industry for the quality of service it provides.
Creating an account is very easy with IG. Just fill out the form, which contains a few questions that will help determine how experienced you are as a trader. Once you have filled out and submitted the form, you will be verified immediately.
Now, you are ready, and you can start trading right away. Just fund your account and trade. Of course, you can also withdraw funds whenever you want.
If you trade very high volumes month after month, IG promises you a personal account manager. See this as IG's way of thanking you for your work.
There is an inactivity fee for users who have not made any trades for 24 months, which is $12 per month. Then there are the fees for bank withdrawals as well, which go up to $15.
The minimum deposit allowed on IG is $250. In addition, there are discounts available for those who transfer large volumes of trade from month to month. Those who trade $100 million per month get a 5% discount, while those who trade $500 million per month get a 15% discount.
Great Trading Experience: Starting with its website, IG provides an efficient trading platform that can be accessed from any browser. This site doesn't have a lot of bells and whistles, but it's its simplicity that makes it powerful.
The trading platform available here is MetaTrader 4, which works with all types of devices. Users will have access to many tools, including basic risk management tools and Autochartist built into the platform.
Users can also download the IG app, which works with iOS and Android devices. With Touch and Face ID security, the IG app is ahead of other MT4 apps in the industry, and is also more than adequate in terms of functionality and user experience.
Variety of Market Tools: IG offers amazing, its catalog covers more than 17,000 markets, with futures and options available on the platform. There are hardly any viable tools to trade that aren't on IG, including commodities, cryptocurrencies, indices, stocks, and of course, forex.
Users get access to more than 80 forex pairs, covering both exotic and emerging markets.
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Now, the best way to make the most of this platform is to understand your type of trader. Once you know where your interests are and how much money you have, you will be better able to choose the trading platform that is right for you.
So, ask yourself the following questions to help you decide which forex trader you should turn to. Is this your first time, or are you a veteran trader? Beginner traders are best suited for forex brokers with an easy-to-use platform and rich educational resources.
The forex trader you choose will also be determined by the amount you have to invest. If you have no money, you will need a trader who does not require a minimum deposit. In general, you need to find a merchant with fees and charges you can manage - the lower, the better.
If your tastes go beyond forex, the traders in our review today also offer other financial instruments. Therefore, you can choose the one that suits you best.
Trading Forex Platform IG Most Comprehensive Forex Offering & Most Trusted
Brand Overview
The IG Group, where the IG trading platform is located, has been around for almost half a century. Overall, the company has more than 178,000 clients worldwide, all of whom trust IG with their investments.Well, that can only be expected with a company that has 46 years of experience and is listed on the London Stock Exchange. The company also has offices in 16 different countries and has received many awards in the industry for the quality of service it provides.
Creating an account is very easy with IG. Just fill out the form, which contains a few questions that will help determine how experienced you are as a trader. Once you have filled out and submitted the form, you will be verified immediately.
Now, you are ready, and you can start trading right away. Just fund your account and trade. Of course, you can also withdraw funds whenever you want.
If you trade very high volumes month after month, IG promises you a personal account manager. See this as IG's way of thanking you for your work.
Positive
- Large selection of offers
- Highly regulated in many jurisdictions
- secure platform
- Access to educational resources
- More than 80 currency pairs
- Scandinavian, exotic and emerging markets available
- Great user experience on the trading platform
counter
- Some important functions are not available for US customers
Highlights
The fees are quite competitive: IG is a big and well-established brand, so it's very easy for the platform to offer its users competitive prices. It boasts the lowest margins in the industry and charges no extra. This is what makes IG a comfortable platform for beginners to use. Spreads start from 0.8 pips for EUR/USD and sometimes reach 5.4 pips.There is an inactivity fee for users who have not made any trades for 24 months, which is $12 per month. Then there are the fees for bank withdrawals as well, which go up to $15.
The minimum deposit allowed on IG is $250. In addition, there are discounts available for those who transfer large volumes of trade from month to month. Those who trade $100 million per month get a 5% discount, while those who trade $500 million per month get a 15% discount.
Great Trading Experience: Starting with its website, IG provides an efficient trading platform that can be accessed from any browser. This site doesn't have a lot of bells and whistles, but it's its simplicity that makes it powerful.
The trading platform available here is MetaTrader 4, which works with all types of devices. Users will have access to many tools, including basic risk management tools and Autochartist built into the platform.
Users can also download the IG app, which works with iOS and Android devices. With Touch and Face ID security, the IG app is ahead of other MT4 apps in the industry, and is also more than adequate in terms of functionality and user experience.
Variety of Market Tools: IG offers amazing, its catalog covers more than 17,000 markets, with futures and options available on the platform. There are hardly any viable tools to trade that aren't on IG, including commodities, cryptocurrencies, indices, stocks, and of course, forex.
Users get access to more than 80 forex pairs, covering both exotic and emerging markets.
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