10 Best Forex Futures Trading Brokers
The 10 Best Forex Futures Trading Brokers – Rated and Reviewed. We have listed the best Brokers with Forex Futures Trading in 2025*.
In this in-depth write-up you will learn:
- A List of the 10 Best Forex Futures Trading Brokers
- Pros and Cons of Forex Trading
- What is a Forex Futures Trading Broker?
and much, much more!
| 🔍Forex Broker | 🎁Sign Up Here | 💵Minimum Deposit | ⬆️Leverage |
| 🥇Alpari | 👉 Click Here | $50 USD | 1:3000 |
| 🥈FXTM | 👉 Click Here | $200 USD | 1:3000 |
| 🥉FP Markets | 👉 Click Here | $100 USD | 1:500 |
| 🏅XM | 👉 Click Here | $5 USD | 1:1000 |
| 🏆AvaTrade | 👉 Click Here | $100 USD | 1:400 |
| 🎖️GO Markets | 👉 Click Here | $0 USD | 1:500 |
| 🥇Exness | 👉 Click Here | $10 USD | 1:2000 |
| 🥈HFM | 👉 Click Here | $100 USD | 1:2000 |
| 🥉FBS | 👉 Click Here | $5 USD | 1:3000 |
| 🏆FXCM | 👉 Click Here | $50 USD | 1:3000 |
10 Best Forex Futures Trading Brokers (2025)
- ☑️Alpari – Overall, The Best Forex Futures Trading Broker
- ☑️FXTM – Exceptional Customer Service
- ☑️FP Markets – Best Trading Conditions
- ☑️XM – Best CFD Provider
- ☑️AvaTrade – Best Forex Broker for Beginners
- ☑️GO Markets – Excellent Trading Platforms
- ☑️Exness – Best Low-Cost Trading Broker
- ☑️HFM – Best Affiliate Program
- ☑️FBS – Outstanding Mobile Trading App
- ☑️FXCM – Best Online Educational Materials
1. Alpari
Alpari supports a massive range of FX pairs, as well as a handful of commodities and energies. Majors, Minors, and exotics are all present in the tradable asset selection, together with a few Russian Ruble-based pairs. Only gold and silver are available in the spot metals section, with oil and natural gas as commodities. Several tradable stocks are available, as well as a handsome selection of indices.
| 🔍Broker | 🥇Alari |
| 🔢Year Founded | 1998 |
| 👤Amount of Staff | Over 300 |
| 👥Amount of Active Traders | 2 million+ |
| 📌Publicly Traded | None |
| 📉Regulation | Financial Services Commission (FSC) Mauritius |
| 🌎Country of Regulation | Mauritius |
| 🗂️Account Segregation | ✅Yes |
| 🌟Negative Balance Protection | ✅Yes |
| 💙Investor Protection Schemes | None |
| ➡️Institutional Accounts | None |
| 🫴🏻Managed Accounts | ✅Yes |
| 💴Minor Account Currencies | USD EUR GBP NGN |
| 💵Minimum Deposit | $1 (Nano account), $20 (Standard account) |
| ⏰Average Deposit/Withdrawal Processing Time | Instant to 24 hours (depending on method) |
| 💳Fund Withdrawal Fee | Depends on the withdrawal method |
| ✏️Spreads from | 0.4 pips (ECN Account) |
| 💷Commissions | ✅Yes (for ECN accounts) |
| 4️⃣Number of Base Currencies Supported | 4 (USD, EUR, GBP, NGN) |
| 💸Swap Fees | ✅Yes |
| ⬆️Leverage | Up to 1:1000 |
| 📈Margin Requirements | Varies by account type and instrument |
| ☪️Islamic Account (Swap-Free) | ✅Yes |
| 🆓Demo Account | ✅Yes |
| ⏱️Order Execution Time | 0.03 seconds (average) |
| 🖥️VPS Hosting | Available for ECN and Pro accounts |
| 👉CFDs – Total Offered | 250+ |
| 📈CFD Stock Indices | 16 |
| 📉CFD Commodities | 5 |
| 📊CFD Shares | 50+ |
| 💶Deposit Options | Bank transfer, credit/debit cards, e-wallets (Neteller, Skrill, etc.) |
| 💳Withdrawal Options | Bank transfer, credit/debit cards, e-wallets (Neteller, Skrill, etc.) |
| 📊Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| 🍎OS Compatibility | Windows, macOS, iOS, Android |
| 🪛Forex Trading Tools | Trading signals, Autochartist, market analysis, economic calendar |
| 🗣️Live Chat Availability | ✅Yes |
| 💻Customer Support Email Address | customersupport@alpari.org |
| ☎️Customer Support Contact Number | +442 080 896 850 |
| 📱Social Media Platforms | Facebook, Twitter, LinkedIn, YouTube |
| ⚙️Languages Supported on Website | English, Russian, Spanish, Portuguese, Chinese, and more |
| 🎓Education and Research | ✅Yes |
| ✏️Forex Course | ✅Yes (various online courses) |
| 💻Webinars | ✅Yes |
| 📖Educational Resources | Articles, tutorials, eBooks, video lessons |
| 🤝Affiliate Program | ✅Yes |
| 👥Amount of Partners | Over 400 partners worldwide |
| 🫰🏻IB Program | ✅Yes |
| 🎁Sponsorships | ✅Yes (various educational and financial events) |
| 🎀Rebate Program | ✅Yes |
| 💰Cent or Micro Accounts | ✅Yes (Nano account) |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Advanced copy trading software available |
High trading fees |
| A wide selection of tradable assets |
Limited educational resources and research tools |
Frequently Asked Questions
What leverage does Alpari offer?
Alpari offers leverage up to 1:3000, depending on the account type and the financial instrument being traded.
What fees does Alpari charge?
While the Micro and Standard accounts have spreads starting from 1.2 pips, the ECN accounts offer spreads from 0.0 pips with a small commission on trades. Swap or overnight fees apply to positions held overnight, but Islamic accounts are available for traders who wish to avoid these charges.
Does Alpari offer a demo account?
Yes, Alpari provides a demo account that allows users to practice trading with virtual funds.
Does Alpari offer Islamic accounts?
Yes, Alpari provides Islamic accounts that comply with Sharia law. These swap-free accounts do not incur any interest on overnight positions, making them suitable for Muslim traders.
Our Verdict
Alpari is a well-established forex and CFD broker known for its flexible trading platforms (MT4 and MT5), a wide range of account types catering to both beginners and professional traders, and competitive trading conditions such as high leverage and tight spreads.
2. FXTM
FXTM offers a better-than-average array of options on both MT4 and MT5 and shows a commitment to delivering what users want and need. Having WebTrader as well as the downloadable desktop versions is another sign of a user-centric approach. You have the option as to whether you want to access it in a browser with no download, or via the dedicated program. The ECN offering by FXTM is a confidence booster that there are no conflicts possible in the trade and execution is both timely and transparent.
| 🔍Broker | 🥇FXTM |
| 🔢Year Founded | 2011 |
| 👤Amount of Staff | Over 800 |
| 👥Amount of Active Traders | Over 4 million |
| 📌Publicly Traded | None |
| 📈Regulation | FCA CySEC FSC |
| 🌎Country of Regulation | UK Cyprus South Africa Mauritius |
| 🗂️Account Segregation | ✅Yes |
| 🌟Negative Balance Protection | ✅Yes |
| 💙Investor Protection Schemes | ✅Yes (varies by regulatory entity) |
| ➡️Institutional Accounts | ✅Yes |
| 🫴🏻Managed Accounts | None |
| 💴Minor Account Currencies | USD EUR GBP NGN |
| 💵Minimum Deposit | $10 for Cent Accounts |
| ⏰Average Deposit/Withdrawal Processing Time | Instant – 24 hours |
| 💳Fund Withdrawal Fee | None (but third-party fees may apply) |
| ✏️Spreads from | 0.0 pips |
| 💶Commissions | $0 – $4 per lot depending on account type |
| 4️⃣Number of Base Currencies Supported | 4 |
| 💷Swap Fees | ✅Yes |
| ⬆️Leverage | Up to 1:2000 |
| 📉Margin Requirements | Based on leverage |
| ☪️Islamic Account (Swap-Free) | ✅Yes |
| 🆓Demo Account | ✅Yes |
| ⏰Order Execution Time | 0.05 seconds (Average) |
| 🖥️VPS Hosting | ✅Yes (Free with conditions) |
| 📈CFDs-Total Offered | Over 250 |
| 👉CFD Stock Indices | ✅Yes |
| 📉CFD Commodities | ✅Yes |
| 📊CFD Shares | ✅Yes |
| 💴Deposit Options | Bank transfer Credit/debit cards e-wallets (Skrill Neteller, etc.) |
| 💳Withdrawal Options | Bank transfer Credit/debit cards e-wallets (Skrill Neteller, etc.) |
| 📊Trading Platforms | MetaTrader 4 MetaTrader 5 FXTM Trader App |
| 🍎OS Compatibility | Windows macOS iOS Android |
| 🔩Forex Trading Tools | Forex calculators VPS Trading signals Market analysis tools |
| 🫴🏻Customer Support | ✅Yes |
| 🗣️Live Chat Availability | ✅Yes |
| 💻Customer Support Email Address | support@fxtm.com |
| ☎️Customer Support Contact Number | +44 203 734 1098 |
| 📱Social Media Platforms | Facebook YouTube |
| ⚙️Languages Supported on Website | 16+ |
| 🎓Education and Research | ✅Yes |
| ✏️Forex Course | ✅Yes |
| 💻Webinars | ✅Yes |
| 📖Educational Resources | Articles tutorials eBooks Video tutorials |
| 🤝Affiliate Program | ✅Yes |
| 👤Amount of Partners | Over 1,000 |
| 🫰🏻IB Program | ✅Yes |
| 🎁Sponsorships | No notable current sponsorships |
| 🎀Rebate Program | ✅Yes |
| 💰Cent or Micro Accounts | ✅Yes (Cent Account) |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Superb customer service | Inactivity and withdrawal fees |
| High maximum leverage | Limited product portfolio |
Frequently Asked Questions
Does FXTM offer a demo account?
Yes, FXTM provides a free demo account that allows traders to practice their strategies with virtual funds.
Does FXTM provide educational resources?
Yes, FXTM offers an extensive range of educational materials, including webinars, seminars, articles, video tutorials, and e-books.
Does FXTM offer Islamic accounts?
Yes, FXTM offers Islamic (swap-free) accounts, which are compliant with Sharia law.
Does FXTM charge inactivity fees?
Yes, FXTM charges an inactivity fee if no trades are made over a prolonged period (typically six months). The fee is a small fixed amount deducted monthly after the period of inactivity.
Our Verdict
The broker provides a strong educational foundation through its extensive resources and demo accounts, making it an accessible option for new traders. Regulated by multiple authorities, FXTM ensures a safe trading environment. However, traders should always be mindful of the risks associated with high leverage and market volatility.
3. FP Markets
FP Markets is an Australian brokerage company that delivers access to trade 13,000+ products. These range from Forex, Indices, Commodities, Metals, Bitcoin, Cryptocurrencies, and Equity CFDs that are offering competitive spreads and flexible leverage throughout one account. The company headquarters is in Sydney, Australia while ASIC regulation ensures trustable cooperation as well as full compliance with guidelines that provide a safe trading environment.
| 🔍Broker | 🥇FP Markets |
| 🔢Year Founded | 2005 |
| 👥Amount of Staff | Over 200 |
| 👤Amount of Active Traders | 60,000+ |
| 📍Publicly Traded | None |
| 📈Regulation | ASIC (Australia) CySEC (Cyprus) FSCA (South Africa) |
| 🌎Country of Regulation | Australia Cyprus South Africa |
| 🗂️Account Segregation | ✅Yes |
| 📌Negative Balance Protection | ✅Yes |
| 🚩Investor Protection Schemes | ✅Yes (CySEC) |
| 🖋️Account Types and Features | Standard Raw ECN VIP accounts available |
| 🎉Institutional Accounts | ✅Yes |
| 👤Managed Accounts | None |
| 💵Minor Account Currencies | EUR USD GBP AUD CAD CHF JPY NZD SGD HKD |
| 💴Minimum Deposit | $100 |
| ⏱️Average Deposit/Withdrawal Processing Time | Instant – 1 business day |
| 💸Fund Withdrawal Fee | None |
| ✏️Spreads | 0.0 pips |
| 💷Commissions | From $3 per side (Raw account) |
| 🔢Number of Base Currencies Supported | 10 |
| 💶Swap Fees | ✅Yes |
| ⬆️Leverage | Up to 1:500 |
| 📉Margin Requirements | Varies by instrument and account type |
| ☪️Islamic Account (Swap-Free) | ✅Yes |
| 🆓Demo Account | ✅Yes |
| ⏰Order Execution Time | |
| ➡️VPS Hosting | ✅Yes (for eligible accounts) |
| 🫴🏻CFDs – Total Offered | 10,000+ |
| 📊CFD Stock Indices | 23+ |
| 💡CFD Commodities | 12+ |
| 👉CFD Shares | 2,000+ |
| 💳Deposit Options | Bank transfer Credit/Debit card PayPal Neteller Skrill Fasapay and more |
| 💳Withdrawal Options | Bank transfer Credit/Debit card PayPal Neteller Skrill Fasapay and more |
| 🛎️Trading Platforms | MetaTrader 4 MetaTrader 5 IRESS,WebTrader Mobile Apps |
| 💻OS Compatibility | Windows macOS iOS Android |
| 🔩Forex Trading Tools | Autochartist VPS Trading Central Myfxbook |
| 🤝Customer Support | ✅Yes |
| 🗣️Live Chat Availability | ✅Yes |
| 🖥️Customer Support Email Address | support@fpmarkets.com |
| ☎️Customer Support Contact Number | +61 2 8252 6800 |
| 📱Social Media Platforms | Facebook YouTube |
| ⚙️Languages Supported on Website | 10+ including English Spanish Chinese Arabic |
| 📖Education and Research | ✅Yes |
| ✏️Forex Course | ✅Yes |
| 💻Webinars | ✅Yes |
| 🎓Educational Resources | ✅Yes (articles, videos, eBooks, market analysis) |
| 🤝Affiliate Program | ✅Yes |
| 👥Amount of Partners | Thousands worldwide |
| 👍IB Program | ✅Yes |
| 🎁Sponsorships | ✅Yes, involved in sports sponsorships |
| 💴Rebate Program | ✅Yes |
| 💰Cent or Micro Accounts | ✅Yes (Micro Accounts) |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Low forex fees | High stock CFD Fees |
| Streamlined and fast account opening process |
Limited product portfolio |
Frequently Asked Questions
Does FP Markets offer a demo account?
Yes, FP Markets provides a demo account with virtual funds, allowing traders to practice their strategies and get familiar with the trading platforms without risking real money.
Does FP Markets offer bonuses or promotions?
FP Markets may offer bonuses or promotions depending on the region. However, these are often subject to regulatory restrictions, and some regions (like Europe) may not allow bonuses. Always check the FP Markets website for any current promotions.
What are FP Markets’ trading hours?
FP Markets allows forex trading 24 hours a day, five days a week. Trading hours for other instruments, such as commodities, indices, and stocks, depend on the specific market or exchange they are listed on.
Is FP Markets suitable for beginner traders?
Yes, FP Markets is suitable for beginners due to its low minimum deposit, educational resources, demo accounts, and easy-to-use trading platforms like MT4 and MT5.
Our Verdict
With competitive pricing, including tight spreads and high-leverage options, FP Markets appeals to both beginner and advanced traders. FP Markets also provides valuable educational resources, a demo account, and excellent customer support. While there are no inactivity fees, traders should be mindful of potential withdrawal fees and the risks of high leverage.
4. XM
XM was founded in 2009. The company grew fast and currently has over 450 employees in over 120 offices. The company has over 2 400 000 clients from 196 counties. The company supports over 30 languages and it is suitable for clients all over the world.
| 🔍Broker | 🥇XM |
| 🔢Year Founded | 2009 |
| 👤Amount of Staff | 600+ |
| 👥Amount of Active Traders | 5,000,000+ |
| 📌Publicly Traded | None |
| 📈Regulation | CySEC (Cyprus) ASIC (Australia) IFSC (Belize) FCA (UK) |
| 🌎Country of Regulation | Cyprus Australia Belize UK |
| 🗂️Account Segregation | ✅Yes |
| ➡️Negative Balance Protection | ✅Yes |
| 💙Investor Protection Schemes | ✅Yes, up to €20,000 under CySEC |
| ➡️Institutional Accounts | None |
| 🫴🏻Managed Accounts | None |
| 💴Minor Account Currencies | USD EUR GBP JPY CHF AUD HUF PLN |
| 💵Minimum Deposit | $5 |
| ⏰Average Deposit/Withdrawal Processing Time | Within 24 hours |
| 💷Fund Withdrawal Fee | None, but third-party fees may apply |
| ✏️Spreads | 0.6 pips |
| 💶Commissions | Zero on Standard and Micro accounts commission on Zero accounts |
| 🔢Number of Base Currencies Supported | 11 |
| 💸Swap Fees | ✅Yes |
| ⬆️Leverage | Up to 1:1000 |
| 📉Margin Requirements | Varies by instrument and account type |
| ☪️Islamic Account (Swap-Free) | ✅Yes |
| 🆓Demo Account | ✅Yes |
| ⏱️Order Execution Time | |
| 🖥️VPS Hosting | ✅Yes (free for eligible accounts) |
| 📍CFDs – Total Offered | 1,000+ |
| 📈CFD Stock Indices | 30+ |
| ➡️CFD Commodities | 15+ |
| 📊CFD Shares | 1,200+ |
| 💳Deposit Options | Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies |
| 💴Withdrawal Options | Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies |
| 💡Trading Platforms | MetaTrader 4 MetaTrader 5 XM WebTrader |
| 🍎OS Compatibility | Windows macOS iOS Android |
| 🔩Forex Trading Tools | Autochartist Trading Signals VPS |
| 🫴🏻Customer Support | ✅Yes |
| 🗣️Live Chat Availability | ✅Yes |
| 💻Customer Support Email Address | support@xm.com |
| ☎️Customer Support Contact Number | +357 25029933 |
| 📱Social Media Platforms | Facebook YouTube |
| ⚙️Languages Supported on Website | 30+ languages |
| 🎓Education and Research | ✅Yes |
| ✏️Forex Course | ✅Yes |
| 💻Webinars | ✅Yes |
| 📖Educational Resources | Articles Video Tutorials Market Analysis |
| 🤝Affiliate Program | ✅Yes |
| 👥Amount of Partners | Not publicly disclosed |
| 🫶IB Program | ✅Yes |
| 🎁Sponsorships | ✅Yes (various events and teams) |
| 🫰🏻Rebate Program | ✅Yes |
| 💰Cent or Micro Accounts | ✅Yes (Micro accounts available) |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Low CFD and withdrawal fees | Average forex fees |
| Great educational tools | Inactivity fees |
Frequently Asked Questions
What is XM?
XM is a global forex and CFD broker offering trading in a wide range of financial instruments, including forex, commodities, indices, stocks, metals, energies, and cryptocurrencies. It is known for its user-friendly platforms, educational resources, and competitive trading conditions.
What is the minimum deposit at XM?
The minimum deposit at XM starts as low as $5, making it accessible to beginner traders.
What leverage does XM offer?
XM offers leverage up to 1:1000, depending on the trader’s region and the type of financial instrument being traded.
Does XM offer a demo account?
Yes, XM offers a demo account that allows users to practice trading with virtual funds.
Our Verdict
The broker is regulated by multiple authorities, ensuring a secure trading environment. XM is also known for its excellent educational resources, responsive customer support, and the availability of demo and Islamic accounts. However, traders should be mindful of potential inactivity fees and leverage risks.
5. AvaTrade
AvaTrade is a brokerage firm or a financial service provider from Ireland that caters to 200,000 investors globally with their trading assistance, trading instruments ranging up to 250 overall, and tech support that aids investors in any trouble in trading.
| 🔍Broker | 🥇AvaTrade |
| 🔢Year Founded | 2006 |
| 👤Amount of staff | 200+ |
| 👥Amount of active traders | Over 300,000 |
| 📌Publicly Traded | None |
| 📈Regulation | Central Bank of Ireland (CBI) Australian Securities and Investments Commission (ASIC) Financial Sector Conduct Authority (FSCA) Financial Services Agency (FSA) Japan Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority (FSRA), and more. |
| 🌎Country of regulation | Ireland Australia Japan UAE South Africa British Virgin Islands |
| 🗂️Account Segregation | ✅Yes |
| 🌟Negative balance protection | ✅Yes |
| 💙Investor Protection Schemes | Compensation scheme for eligible clients under certain jurisdictions |
| ➡️Institutional Accounts | ✅Yes |
| 🫴🏻Managed Accounts | None |
| 💴Minor account currencies | USD EUR GBP AUD JPY CHF ZAR, and more |
| 💵Minimum Deposit | $100 |
| ⏰Average deposit/withdrawal processing time | Deposits: Instant Withdrawals: 1-3 business days |
| 💳Fund Withdrawal Fee | No fees on most payment methods, but some charges may apply depending on the method used |
| ✏️Spreads from | 0.9 pips (EUR/USD) |
| 💷Commissions | No commissions on most trades; spreads apply |
| 🔟Number of base currencies supported | 10+ |
| 💶Swap Fees | ✅Yes Swap-free accounts available for Islamic traders |
| ⬆️Leverage | Up to 1:400 depending on jurisdiction |
| 📉Margin requirements | Varies based on asset and leverage used |
| ☪️Islamic account (swap-free) | ✅Yes |
| 🆓Demo Account | ✅Yes |
| ⏱️Order Execution Time | Fast execution generally less than 1 second |
| 🖥️VPS Hosting | ✅Yes for qualifying accounts |
| 👉CFDs-Total Offered | 1000+ |
| 📈CFD Stock Indices | 30+ |
| 📉CFD Commodities | 20+ |
| 📊CFD Shares | 600+ |
| 💵Deposit Options | Credit/Debit Card Bank Transfer PayPal Skrill Neteller WebMoney, and more |
| 💳Withdrawal Options | Credit/Debit Card Bank Transfer PayPal Skrill Neteller WebMoney, and more |
| 📊Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) AvaTradeGO WebTrader AvaOptions |
| 🍎OS Compatibility | Windows MacOS iOS Android |
| 🔩Forex trading tools | Autochartist Trading Central Economic Calendar AvaProtect, and more |
| 🫴🏻Customer Support | ✅Yes |
| 🗣️Live chat availability | ✅Yes |
| 💻Customer Support Email address | support@avatrade.com |
| ☎️Customer Support Contact Number | Varies by region accessible through the website |
| 📱Social media Platforms | Facebook YouTube |
| ⚙️Languages supported on FBS Website | Multiple languages including English Spanish French Italian Arabic, and more |
| 🎓Education and Research | ✅Yes |
| ✏️Forex course | ✅Yes (AvaAcademy) |
| 💻Webinars | ✅Yes |
| 📖Educational Resources | eBooks Videos Tutorials Blog Market Analysis |
| 🤝Affiliate program | ✅Yes |
| 👥Amount of partners | Thousands globally |
| 🫰🏻IB Program | ✅Yes |
| 🎁Sponsorships | ✅Yes Various sponsorships including the Manchester City Football Club) |
| 🎀Rebate program | ✅Yes |
| 💰Cent or Micro Accounts | None Offers Standard and Professional Accounts |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| A broad range of tradable instruments | High EURUSD and inactivity fees |
Frequently Asked Questions
Does AvaTrade offer bonuses or promotions?
AvaTrade may offer bonuses or promotions depending on the trader’s region.
Does AvaTrade offer social trading?
Yes, AvaTrade offers social trading through its AvaSocial platform, which allows traders to follow and copy the trades of other experienced traders. This feature is especially useful for beginners looking to learn from successful strategies.
What are AvaTrade’s trading hours?
AvaTrade allows forex trading 24 hours a day, five days a week.
Is AvaTrade beginner-friendly?
Yes, AvaTrade is considered beginner-friendly due to its intuitive platforms, low minimum deposit, demo account, and extensive educational resources. The broker also offers automated trading tools and copy trading, making it easier for beginners to enter the markets.
Our Verdict
AvaTrade provides traders with various account types, including Islamic and demo accounts, along with advanced trading platforms like MT4, MT5, AvaTradeGO, and options trading with AvaOptions. AvaTrade is beginner-friendly due to its low minimum deposit, extensive educational resources, and social trading features.
6. GO Markets
GO Markets Pty Ltd was founded in 2006 in Australia. Currently, GO Markets provides a commission-based and spreads-based trading account. It also offers CFD instruments such as forex, indices, shares, commodities, and cryptocurrencies. GO Markets holds an AFSL (Australian Financial Services Licence) from the Australian Securities and Investments Commission (ASIC). One of its subsidiaries, GO Markets Ltd, is licensed by the Cyprus Securities and Exchange Commission (CySEC).
| 🔍Broker | 🥇GO Markets |
| 🔢Year Founded | 2006 |
| 👤Amount of Staff | N/A |
| 👥Amount of Active Traders | N/A |
| 📌Publicly Traded | None |
| 📈Regulation | FSC |
| 🗂️Account Segregation | ✅Yes |
| 🌟Negative Balance Protection | ✅Yes |
| 💙Investor Protection Schemes | ✅Yes (depends on region) |
| ➡️Institutional Accounts | None |
| 🫴🏻Managed Accounts | None |
| 💴Minor Account Currencies | ✅Yes (AUD, USD, EUR, GBP) |
| 💵Minimum Deposit | $200 |
| ⏰Average Deposit/Withdrawal Processing Time | 1–3 business days |
| 💳Fund Withdrawal Fee | None (some methods may apply fees) |
| ✏️Spreads From | 0.0 pips |
| 💷Commissions | ✅Yes (commissions on raw accounts) |
| 4️⃣Number of Base Currencies Supported | 4 (AUD, USD, EUR, GBP) |
| 💸Swap Fees | ✅Yes (on non-Islamic accounts) |
| ⬆️Leverage | Up to 1:500 |
| 📉Margin Requirements | Depends on account type |
| ☪️Islamic Account (Swap-Free) | ✅Yes |
| 🆓Demo Account | ✅Yes |
| ⏱️Order Execution Time | Less than 1 second |
| 🖥️VPS Hosting | ✅Yes |
| 🫴🏻CFDs – Total Offered | 250+ |
| 📈CFD Stock Indices | 10+ |
| 📉CFD Commodities | ✅Yes |
| 📊CFD Shares | ✅Yes |
| 💶Deposit Options | Bank Transfer, Credit/Debit Cards, Skrill, Neteller |
| 💳Withdrawal Options | Bank Transfer, Credit/Debit Cards, Skrill, Neteller |
| 📊Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 🍎OS Compatibility | Windows, Mac, iOS, Android |
| 🪛Forex Trading Tools | Trading signals, Autochartist |
| 🫴🏻Customer Support | ✅Yes |
| 🗣️Live Chat Availability | ✅Yes |
| 💻Customer Support Email Address | support.mu@gomarkets.com |
| ☎️Customer Support Contact Number | +61 3 8566 7680 |
| 📱Social Media Platforms | Facebook, Twitter, |
| ⚙️Languages Supported on Website | English |
| 🎓Education and Research | ✅Yes |
| ✏️Forex Course | ✅Yes |
| 🖥️Webinars | ✅Yes |
| 📖Educational Resources | ✅Yes (articles, videos, e-books) |
| 🤝Affiliate Program | ✅Yes |
| 👥Amount of Partners | N/A |
| 🫰🏻IB Program | ✅Yes |
| 🎁Sponsorships | None |
| 🎀Rebate Program | ✅Yes |
| 💰Cent or Micro Accounts | None |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Low trading fees | Limited account options |
Frequently Asked Questions
What is Go Markets?
Go Markets is an Australian-based forex and CFD broker offering a range of trading instruments, including forex, commodities, indices, cryptocurrencies, and shares. The broker is known for its competitive spreads, fast execution, and user-friendly trading platforms.
What leverage does Go Markets offer?
Go Markets offers leverage up to 1:500, allowing traders to control larger positions with a smaller amount of capital.
Does Go Markets offer a demo account?
Yes, Go Markets provides a free demo account, allowing traders to practice trading with virtual funds.
Does Go Markets provide educational resources?
Yes, Go Markets offers a variety of educational resources, including trading guides, webinars, and market analysis.
Our Verdict
Go Markets offers user-friendly platforms, including MT4 and MT5, and various account types tailored to different trading preferences. The minimum deposit is accessible, and the broker provides high-leverage options, making it suitable for both beginners and experienced traders.
7. Exness
Exness is an online forex broker. Exness offers the MetaTrader 4, MetaTrader 5, and MT Mobile forex trading top platforms. Exness.com offers over 50 currency pairs for your personal investment and trading options.
| 🔍Broker | 🥇Exness |
| 🔢Year Founded | 2008 |
| 👤Amount of Staff | 1,200+ |
| 👥Amount of Active Traders | Over 400,000 |
| 📌Publicly Traded | None |
| 📈Regulation | FSA CBCS FSC FSC BVI FSCA CySEC FCA CMA |
| 🌎Country of Regulation | UK Cyprus South Africa Seychelles Curaçao |
| 🗂️Account Segregation | ✅Yes |
| 🌟Negative Balance Protection | ✅Yes |
| 💙Investor Protection Schemes | ✅Yes as per regulatory requirements |
| ➡️Institutional Accounts | None |
| 🫴🏻Managed Accounts | None |
| 💴Minor Account Currencies | ✅Yes |
| 💵Minimum Deposit | $10 |
| ⏰Average Deposit/Withdrawal Processing Time | Instant for most payment methods |
| 💳Fund Withdrawal Fee | None |
| ✏️Spreads from | 0.0 pips on Raw Spread accounts |
| 💶Commissions | From $3.5 per lot on Raw Spread accounts |
| 🔢Number of Base Currencies Supported | Over 80 |
| 💷Swap Fees | ✅Yes, swap-free options available for certain accounts |
| ⬆️Leverage | Up to 1:2000 (unlimited for certain conditions) |
| 📉Margin Requirements | Variable based on leverage and instruments |
| ☪️Islamic Account (Swap-Free) | ✅Yes, available upon request |
| 🆓Demo Account | ✅Yes |
| ⏰Order Execution Time | 0.01 seconds on average |
| 🖥️VPS Hosting | ✅Yes available for free on meeting certain criteria |
| 📈CFDs-Total Offered | Over 100 |
| 👉CFD Stock Indices | ✅Yes |
| 📉CFD Commodities | ✅Yes |
| 📊CFD Shares | ✅Yes |
| 💴Deposit Options | Bank transfer Credit/debit cards e-wallets Cryptocurrencies |
| 💳Withdrawal Options | Bank transfer Credit/debit cards e-wallets Cryptocurrencies |
| 📊Trading Platforms | MetaTrader 4 MetaTrader 5 Exness Web Terminal |
| 🍎OS Compatibility | Windows Mac iOS Android |
| 🔩Forex Trading Tools | Technical analysis tools Trading calculators VPS |
| 🫴🏻Customer Support | ✅Yes |
| 🗣️Live Chat Availability | ✅Yes, 24/7 |
| 💻Customer Support Email Address | support@exness.com |
| ☎️Customer Support Contact Number | Varies by region, generally available on their website |
| 📱Social Media Platforms | Facebook YouTube |
| ⚙️Languages Supported on Website | Multiple, including English Chinese Arabic Russian, etc. |
| 🎓Education and Research | ✅Yes |
| ✏️Forex Course | ✅Yes online courses available |
| 🖥️Webinars | ✅Yes |
| 📖Educational Resources | Articles videos e-books trading guides |
| 🤝Affiliate Program | ✅Yes |
| 👤Amount of Partners | Thousands |
| 🫰🏻IB Program | ✅Yes |
| 🎁Sponsorships | None |
| 🎀Rebate Program | ✅Yes |
| 💰Cent or Micro Accounts | ✅Yes Cent accounts available |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌ Cons |
| Well-regulated | Limited Number of Account Types |
| Tight spreads | Complex Fee Structure |
| Over 130 currency pairs | No US Clients |
Frequently Asked Questions
Does Exness offer bonuses or promotions?
Exness may offer bonuses and promotions, such as deposit bonuses or trading contests. However, these offers can vary by region and may be subject to regulatory restrictions.
Is Exness suitable for beginner traders?
Yes, Exness is considered beginner-friendly due to its low minimum deposit, user-friendly platforms, extensive educational resources, and the availability of a demo account for practice.
Does Exness charge inactivity fees?
Exness does not charge inactivity fees, allowing traders to keep their accounts without penalties for not trading for extended periods.
What customer support does Exness offer?
Exness provides multilingual customer support via live chat, email, and phone. Their support team is available 24/7 to assist clients with any inquiries or issues.
Our Verdict
With user-friendly platforms like MT4 and MT5, a variety of account types tailored to different trading needs, and high-leverage options, Exness caters to both beginner and experienced traders. The availability of a free demo account and extensive educational resources further enhances its appeal.
8. HFM
HFM is a commodity and forex broker that provides online trading services to institutions and retail traders. The best features of HFM include several types of accounts, trading tools, trading platforms, and a variety of spreads. The trading conditions are superior, and the FX broker has a reputation for executing trade orders at super speed.
| 🔍Broker | 🥇HFM |
| 🔢Year Founded | 2010 |
| 👤Amount of Staff | 200+ |
| 👥Amount of Active Traders | 2.5 million+ |
| 📌Publicly Traded | None |
| 📈Regulation | FSCA CySEC DFSA FSA FCA FSC CMA |
| 🌎Country of Regulation | Cyprus UK South Africa UAE Seychelles |
| 🗂️Account Segregation | ✅Yes |
| ➡️Negative Balance Protection | ✅Yes |
| 📌Investor Protection Schemes | ✅Yes (up to €20,000 under CySEC) |
| 🎉Institutional Accounts | ✅Yes |
| 👤Managed Accounts | ✅Yes (PAMM/MAM accounts) |
| 💵Minor Account Currencies | USD EUR GBP JPY AUD ZAR |
| 💶Minimum Deposit | 5 USD |
| ⏱️Average Deposit/Withdrawal Processing Time | 1 – 3 business days |
| 💴Fund Withdrawal Fee | None, but third-party fees may apply |
| ✏️Spreads | 0.0 pips |
| 💷Commissions | From $6 per lot (round turn) |
| 🔢Number of Base Currencies Supported | 12 |
| 💵Swap Fees | ✅Yes |
| ⬆️Leverage | Up to 1:1000 |
| 📉Margin Requirements | Varies by instrument |
| ☪️Islamic Account (Swap-Free) | ✅Yes |
| 🆓Demo Account | ✅Yes |
| ⏰Order Execution Time | |
| 🖥️VPS Hosting | ✅Yes |
| 📈CFDs – Total Offered | 1,200+ |
| 📊CFD Stock Indices | 20+ |
| ✏️CFD Commodities | 20+ |
| 👉CFD Shares | 950+ |
| 💳Deposit Options | Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies Local Payment Methods |
| 💴Withdrawal Options | Bank transfer Credit/Debit cards Skrill Neteller PayPal Cryptocurrencies Local Payment Methods |
| 📊Trading Platforms | MetaTrader 4 MetaTrader 5 HF App |
| 🍎OS Compatibility | Windows macOS iOS Android |
| 🔩Forex Trading Tools | Autochartist Trading Central VPS HFcopy |
| 🫴🏻Customer Support | ✅Yes |
| 🗣️Live Chat Availability | ✅Yes |
| 💻Customer Support Email Address | support@hfm.com |
| ☎️Customer Support Contact Number | +44 203 097 5796 |
| 📱Social Media Platforms | Facebook YouTube |
| ⚙️Languages Supported on Website | Multiple languages, including English, Chinese, Spanish, Arabic |
| 🎓Education and Research | ✅Yes |
| ✏️Forex Course | ✅Yes |
| 🖥️Webinars | ✅Yes |
| 📖Educational Resources | Articles Video Tutorials eBooks Market Analysis |
| 🤝Affiliate Program | ✅Yes |
| 🫶IB Program | ✅Yes |
| 🎁Sponsorships | ✅Yes |
| 🎀Rebate Program | ✅Yes |
| 💰Cent or Micro Accounts | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| No deposit or withdrawal fees |
High commission charges on the Zero account |
Frequently Asked Questions
What is HFM?
HFM is a global forex and CFD broker that offers a wide range of trading instruments, including forex, commodities, indices, cryptocurrencies, and shares. The broker is known for its competitive spreads, various account types, and strong regulatory compliance.
What leverage does HFM offer?
HFM offers leverage up to 1:1000, depending on the account type and financial instrument. However, leverage limits may be lower for retail clients in certain regions due to regulatory restrictions.
What fees does HFM charge?
HFM offers competitive spreads, with the Micro Account having spreads starting from 1.0 pips and the Zero Spread Account starting from 0.0 pips plus a commission. Overnight swap fees may apply for positions held overnight, and traders should check specific rates based on their account type.
Does HFM offer a demo account?
Yes, HFM provides a free demo account that allows traders to practice trading with virtual funds. This is an excellent opportunity for beginners to gain experience without risking real money.
Our Verdict
HFM provides various account types to accommodate different trading preferences, including micro, premium, zero spread, and Islamic accounts, making it suitable for both beginners and experienced traders.
9. FBS
FBS is a leading Forex broker offering trading opportunities in a wide range of financial instruments that includes multi-market Forex, metals, CFDs, and more. Operating since 2009, FBS has won numerous prestigious awards including the Best FX IB program and Best International Forex Broker.
| 🔍Broker | 🥇FBS |
| 🔢Year Founded | 2009 |
| 👤Amount of Staff | 300+ |
| 👥Amount of Active Traders | Over 17 million |
| 📌Publicly Traded | None |
| 📈Regulation | FSC CySEC ASIC |
| 🌎Country of Regulation | Belize Cyprus |
| 🗂️Account Segregation | ✅Yes |
| 🌟Negative Balance Protection | ✅Yes |
| 💙Investor Protection Schemes | ✅Yes, under CySEC regulations |
| ➡️Institutional Accounts | None |
| 🫴🏻Managed Accounts | None |
| 💴Minor Account Currencies | USD EUR JPY GBP, and more |
| 💵Minimum Deposit | $1 |
| ⏰Average Deposit/Withdrawal Time | Instant to 48 hours |
| 💳Fund Withdrawal Fee | No fees for most methods |
| ✏️Spreads from | 0.0 pips |
| 💷Commissions | From $0 to $20 per lot, depending on account type |
| 5️⃣Number of Base Currencies | 5+ |
| 💶Swap Fees | Applicable on most accounts except for Islamic accounts |
| ⬆️Leverage | Up to 1:3000 |
| 📉Margin Requirements | Depends on leverage and account type |
| ☪️Islamic Account (Swap-free) | ✅Yes |
| 🆓Demo Account | ✅Yes |
| ⏱️Order Execution Time | From 0.3 seconds |
| 🖥️VPS Hosting | ✅Yes |
| 🫴🏻CFDs-Total Offered | 200+ |
| 👉CFD Stock Indices | ✅Yes |
| 📈CFD Commodities | ✅Yes |
| 📊CFD Shares | ✅Yes |
| 💴Deposit Options | Bank transfer Credit/debit cards e-wallets (Neteller, Skrill, etc.) local payment systems |
| 💳Withdrawal Options | Bank transfer Credit/debit cards e-wallets (Neteller, Skrill, etc.) local payment systems |
| ↪️Trading Platforms | MetaTrader 4 (MT4) MetaTrader 5 (MT5) FBS Trader App |
| 🍎OS Compatibility | Windows macOS iOS Android |
| 🔩Forex Trading Tools | Economic calendar Forex calculators Market analysis VPS Trading signals |
| 🫴🏻Customer Support | ✅Yes |
| 🗣️Live Chat Availability | ✅Yes, 24/7 |
| 💻Customer Support Email Address | support@fbs.com |
| ☎️Customer Support Contact Number | Callback Option |
| 📱Social Media Platforms | Facebook YouTube Telegram |
| ⚙️Languages Supported on Website |
20+ (including English, Spanish, Portuguese, Chinese, Arabic, etc.) |
| 🎓Education and Research | ✅Yes |
| ✏️Forex Course | ✅Yes |
| 💻Webinars | ✅Yes |
| 📖Educational Resources | Articles videos eBooks webinars tutorials |
| 🤝Affiliate Program | ✅Yes |
| 👥Amount of Partners | 450,000+ |
| 🫰🏻IB Program | ✅Yes |
| 🎁Sponsorships | No significant sponsorships |
| 🎀Rebate Program | ✅Yes |
| 💰Cent or Micro Accounts | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Low minimum deposit | Wider than average spreads |
Frequently Asked Questions
Does FBS offer bonuses or promotions?
FBS frequently offers bonuses and promotions, such as deposit bonuses and cashback programs. However, these offers can vary by region and may be subject to regulatory restrictions.
What are FBS’s trading hours?
FBS allows forex trading 24 hours a day, five days a week. Trading hours for other financial instruments, such as commodities and indices, follow the specific market hours of the exchanges they are listed on.
Is FBS suitable for beginner traders?
Yes, FBS is considered beginner-friendly due to its low minimum deposit, various account types, user-friendly platforms, and the availability of a demo account for practice.
How do I open an account with FBS?
Opening an account with FBS is straightforward. Traders need to fill out an online registration form, verify their identity with the required documents (such as proof of identity and address), and fund their account to start trading.
Our Verdict
FBS is a versatile forex and CFD broker that caters to a wide range of traders, from beginners to experienced professionals. With competitive trading conditions, high-leverage options, and responsive customer support, FBS stands out as a solid choice for those looking to explore the financial markets.
10. FXCM
FXCM (Forex Capital Market) is an international forex broker based in London that also offers CDFs. The Forex brokerage company was founded in 1999 and has two shareholders: Global Brokerage and Jefferies Financial Group. FXCM is known to be safe since it is regulated by superior financial institutions such as the UK FCA and the Australia ASIC.
| 🔍Broke | 🥇FXCM |
| 🔢Year Founded | 1999 |
| 👤Amount of Staff | Over 600 |
| 👥Amount of Active Traders | Over 130,000 worldwide |
| 📌Publicly Traded | None |
| 📉Regulation | FCA, ASIC, FSCA, CySEC |
| 🌎Country of Regulation | United Kingdom, Australia, South Africa, among others |
| 🗂️Account Segregation | ✅Yes |
| 🌟Negative Balance Protection | ✅Yes (only for retail clients under FCA and ASIC regulation) |
| 💙Investor Protection Schemes | FSCS (UK) |
| ➡️Institutional Accounts | ✅Yes |
| 🫴🏻Managed Accounts | ✅Yes (through FXCM Prime) |
| 💴Minor Account Currencies | EUR, GBP, AUD, JPY, CAD, CHF |
| 💵Minimum Deposit | $50 for most account types |
| ⏰Average Deposit/Withdrawal Time | 1-3 business days |
| 💳Fund Withdrawal Fee | Varies by method |
| ✏️Spreads From | 1.3 pips (EUR/USD) |
| 💷Commissions | ✅Yes, depending on the account type |
| 5️⃣Number of Base Currencies Supported | 5 |
| 💸Swap Fees | ✅Yes |
| ⬆️Leverage | Up to 1:400 (depending on the region) |
| 📈Margin Requirements | Varies by asset class and region |
| ☪️Islamic Account (Swap-Free) | ✅Yes |
| 🆓Demo Account | ✅Yes |
| ⏱️Order Execution Time | Less than 1 second |
| 🖥️VPS Hosting | ✅Yes, for eligible clients |
| 👉CFDs – Total Offered | Over 300 |
| 📈CFD Stock Indices | ✅Yes |
| 📉CFD Commodities | ✅Yes |
| 📊CFD Shares | ✅Yes |
| 💶Deposit Options | Credit/Debit cards, Bank Transfer, Skrill, Neteller, UnionPay, etc. |
| 💳Withdrawal Options | Bank Transfer, Credit/Debit cards, Skrill, Neteller, etc. |
| 📊Trading Platforms | Trading Station, MetaTrader 4 (MT4), NinjaTrader, ZuluTrade |
| 🍎OS Compatibility | Windows, Mac, iOS, Android |
| 🪛Forex Trading Tools | Trading signals, market analysis, research tools, automated trading options |
| 🫴🏻Customer Support | ✅Yes |
| 🗣️Live Chat Availability | ✅Yes |
| 💻Customer Support Email Address | info@fxcm.com |
| ☎️Customer Support Contact Number | Varies by region |
| 📱Social Media Platforms | Facebook, Twitter, LinkedIn, YouTube |
| ⚙️Languages Supported on Website | English, French, German, Italian, Chinese, Japanese, Arabic, Spanish, and more |
| 🎓Education ans Research | ✅Yes |
| ✏️Forex Course | ✅Yes |
| 💻Webinars | ✅Yes |
| 📖Educational Resources | Articles, videos, tutorials, webinars, trading guides |
| 🤝Affiliate Program | ✅Yes |
| 👥Amount of Partners | Not specified |
| 🫰🏻IB Program | ✅Yes |
| 🎁Sponsorships | No notable sponsorships currently |
| 🎀Rebate Program | ✅Yes |
| 💰Cent or Micro Accounts | ✅Yes |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| A wide selection of advanced trading platforms | Limited range of asset classes |
Frequently Asked Questions
What fees does FXCM charge?
FXCM offers competitive spreads, with the Standard Account typically having spreads starting from 1.0 pips. The Active Trader Account features lower spreads, which vary depending on market conditions. Overnight swap fees may apply for positions held overnight, and traders should check specific rates based on their account type.
Does FXCM offer a demo account?
Yes, FXCM provides a free demo account that allows traders to practice trading with virtual funds.
Does FXCM offer Islamic accounts?
Yes, FXCM offers Islamic (swap-free) accounts for traders who wish to comply with Sharia law, ensuring no interest is charged on overnight positions.
What customer support does FXCM offer?
FXCM provides multilingual customer support via live chat, email, and phone. Their support team is available 24/5 to assist clients with any inquiries or issues.
Our Verdict
FXCM’s user-friendly platforms, such as its proprietary Trading Station and the widely popular MetaTrader 4, along with a demo account for practice, make it accessible for traders at all experience levels. FXCM is a solid choice for traders seeking reliability, transparency, and a comprehensive trading experience.
What is a Forex Futures Trading Broker?
A Forex Futures Trading Broker is a financial intermediary that facilitates trading in forex futures contracts.
- Forex futures markets are highly liquid, enabling traders to enter and exit positions quickly.
- Traders can use forex futures to hedge against currency risk, protecting their investments from adverse price movements.
- Futures exchanges provide transparent pricing and a regulated trading environment, enhancing the overall security of trading.
- Futures contracts allow traders to implement various risk management strategies, such as stop-loss and take-profit orders, to limit potential losses.
A Forex Futures Trading Broker serves as a gateway for traders to access the Forex futures market, offering the necessary tools, resources, and support to engage in trading currency contracts. These brokers play a crucial role in facilitating trading, ensuring that clients can effectively navigate the complexities of the forex futures market.
Pros and Cons
| ✅Pros | ❌Cons |
| Hedging Opportunities | Risk of Losses |
| Standardization | Margin Requirements |
| Regulatory Oversight | Limited Flexibility |
| Variety of Strategies | Potential for Overtrading |
In Conclusion
Now it is your turn to participate:
- Which Forex Futures Trading broker from this list do you intend to test out?
- What was the determining factor in your decision to engage with a certain broker?
- Was it because of the Broker’s Features or the Pros and Cons?
Regardless, please share your thoughts in the comments below.
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Frequently asked questions
Is Alpari suitable for beginner traders?
Alpari is suitable for beginner traders due to its low minimum deposit, demo accounts, educational resources, and user-friendly platforms like MT4 and MT5.
Is FXTM suitable for beginner traders?
Yes, FXTM is beginner-friendly due to its low minimum deposit, user-friendly platforms, extensive educational materials, and demo accounts. However, beginners should be cautious with high leverage and ensure they understand the risks involved in forex and CFD trading.
Does FP Markets charge inactivity fees?
No, FP Markets does not charge inactivity fees, which is beneficial for traders who may not trade frequently.
What customer support does XM offer?
XM provides multilingual customer support through live chat, email, and phone. Their support team is available 24/5 during trading hours to assist clients with any issues.
Does AvaTrade charge inactivity fees?
Yes, AvaTrade charges an inactivity fee if there is no trading activity for three consecutive months. The fee is $50 per quarter of inactivity.
Does Go Markets offer Islamic accounts?
Yes, Go Markets offers Islamic (swap-free) accounts for traders who wish to comply with Sharia law. These accounts do not incur interest on overnight positions.
Does Exness offer Islamic accounts?
Yes, Exness offers Islamic (swap-free) accounts for traders who wish to comply with Sharia law, ensuring no interest is charged on overnight positions.
Does HFM offer bonuses or promotions?
HFM may offer bonuses and promotions, such as deposit bonuses or trading contests. However, these offers can vary by region and may be subject to regulatory restrictions.
Does FBS charge inactivity fees?
Yes, FBS charges an inactivity fee if there is no trading activity for 6 months or more. The fee is typically deducted from the account balance monthly after the account becomes inactive.
Is FXCM suitable for beginner traders?
Yes, FXCM is considered beginner-friendly due to its user-friendly platforms, low minimum deposit, and extensive educational resources, including demo accounts for practice.
What are futures?
Futures are derivative financial contracts that obligate the parties to transact an asset at a predetermined future date and price.
What does futures trading entail?
The buyer must purchase, or the seller must sell the underlying asset at the set price, regardless of the current market price at the expiration date.
What can you trade with futures?
Underlying assets include physical commodities or other financial instruments. Futures contracts detail the quantity of the underlying asset and are standardized to facilitate trading on a futures exchange. Futures can be used for hedging or trade speculation.
Do Forex brokers also allow for futures trading?
Yes, some Forex brokers do.
