Forex Brokers Tools

LeverageFX is an online broker company that specializes in trading of forex online. On its website LeverageFX reviews it company history, trading options and forex education for new traders. The site also runs a number of interactive aspects to provide a sense of community along their clients. LeverageFX was founded in 2006 as a way to bring forex trading opportunities and training in forex trading online so to reach a broad audience. The site offers a range of software package options for users on its site, ranging from software designed for beginners to more advanced software for experienced traders and brokers. LeverageFX reviews its software options and allows users to compare packages to figure out which software will best suit their needs. Beginners may choose software that offers easy to follow trends that are green when the market is rising and red when the market is falling, to indicate when to buy or sell. More advanced users may appreciate more customizable software packages since they can choose which options to display, as well as have access to charts, and market analyses to make their trading decisions. On its website, LeverageFX reviews the pricing for its software packages, which can range from $150 per month to lease use of the software to $2000 to buy the software outright. The price includes the forex software of choice, as well as an account, forex charts, and access to forex trading systems. LeverageFX reviews its customer service options for current and prospective clients. The company offers support via email, love chat, phone and by skype. LeverageFX also runs a forum and a blog to create a sense of community among its clients, where clients can share trading tips and advice and help for newcomers to help ensure the financial success of those trading using LeverageFX software.

General Information

Master Forex has been helping people with wider horizons earn money on financial markets since 2nd October, 2006. Their emphasis on quality and professionalism coupled with their capital base makes for some very satisfied customers. The two primary goals of this company are managing the assets of its clients in 130 countries worldwide, and providing them easy access to the world’s financial markets. The dynamism of Master Forex is evidence by all the recent changes made, for instance, considering their customer’s views and opening up a 24-hour Customer Service department to improve their quality of service, developing a network of representative offices in the countries in which Master Forex operates, and the establishment of a Representative Department which smoothes things over for all the branches and facilitates their cohesive operation. Master Forex offers clients high quality projections and various facilities. Since Forex is not a market with strict rules and opening times and all operations are made on the basis of free currency exchange, even small conversions get to be quite expensive. This is where institutions such as Master Forex come in. The merits of working with this company are many, among these: - Minimum deposit of $1 - Freedom of creating one’s own future and augmenting income - Forex tools - Excellent Affiliate program - Leverage up to 1:500 - Spread from two points - Speed of execution. MF Trader 4 is the Trading platform used by Master Forex and is one of the best available. It allows technical analysis and managing trading operations in real time while working on the Forex, Futures and Contracts for Difference markets. This website is convenient to navigate and ensures that beginners are well-informed, and more seasoned clients are well taken care of. Anyone can school themselves on the basics of Master Forex, its procedures, its mission statement, as well as have access to the latest data and analyses. There is a section where one can ask questions that are responded to with speed and also contests that are held. Provision is made to enter ones personal history of trading and all other details so a clear record is maintained and can be managed online. All of this shows adherence to the company’s mission of providing the best service and that it values its customers above all else.

Pip Forex is an online trading site that offers broker services for trading forex. On its website, Pip Forex reviews it customer account options, its company history, customer service options, and reviews educational materials for users to learn about forex trading online. Pip Forex reviews the advantages of their company, to help users choose an online broker from a range of competitors. Simray ASA, a Norwegian financial company, owns Pip Forex. The company’s mission is to provide a simple approach to forex trading online, to allow both individual investors and large financial institutions and experienced traders the opportunity to earn money trading forex online. On its site, Pip Forex reviews the basics of forex. They explain what forex is and how it is traded, the risks involved with trading forex online and the potential payoffs for high-risk investments. The site explains the meaning of commonly used terms in forex trading. User can sign up for a free forex guide that will explain the basics of forex trading, and guide users through their first few trades. Pip Forex reviews it account options on its website. Users can sign up for a free demo account to trade forex online using the Pip Forex software platforms without any personal financial risk. Demo accounts are free and require only a valid email to sign up. Users can also apply for a live account online, a process that takes only a few minutes. Following a Pip Forex review of each application, users can fund their account and download an appropriate trading software platform to begin trading forex online. Users can connect with other customers using the online forums on the site, or contact customer service via phone or email to receive help with trading online.

Royal Financial Trading, known online as RFXT.com is a licensed financial trading firm with offices in Cyprus, Australia and Lebanon. They are licensed by the Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CYSEC) and the Capital Markets Authority (CMA) and Banque Du Libon of Lebanon. These regulations should provide protection to traders who want to make sure their deposits are protected.

Update - As of October 2012 Tadawul FX will be attempting to rebrand itself as Liquid Markets. The Tadawul FX review below reflects our findings on the brand prior to October 2012 - you can read a full Liquid Markets review here.

Trade Pro Futures is an online trade portal based in the United States, which allows users to trade Forex and futures online. Their website provides users with the information needed to create a trading account, and offers information and support for traders. This trade portal was founded in 2006 in the United States, and continues to be run out of Austin, Texas. The website for Trade Pro Futures reviews the contact information for the site and provides users with phone lines to direct inquiries for general questions, as well as numerous emergency lines for 24 hour support. Additionally, users may contact Trade Pro Futures via fax and receive written responses. Trade Pro Futures offers accounts that can be used to trade futures or Forex on a variety of platforms. The Trade Pro Futures website reviews the available software platform options via their software center. Users may download trading platforms for use on either windows or Mac computers. The software center for this trade portal offers downloads for all trading programs used by Trade Pro Futures, including Trade Pro Active Trader, Sierra Charts, eSignal, Trade Navigator, Firetip, VNC, Ensign, and NinjaTrader. Users may also download e-books and guides to software to ensure ease of use for each platform, as well as e-books on Forex and futures trading in general. Additionally, users may download platforms for use on their mobile phones for trading on the go. Trade Pro Futures reviews the fees associated with software options: although there are free options, a number of the trader platforms have monthly fees for their use. On their website, Trade Pro Futures reviews their account options for customers of the trade portal. The site offers multiple online applications, depending on the software platform and trading options the user prefers. All applications are subject to review, and then accounts may be funded via wire bank transfer. Original account documents must also be mailed to Trade Pro Futures to allow review of each account for security. Trade Pro Futures emphasizes customer satisfaction, and provides a list of phone and email support contacts for around the clock customer service.

UK-Bulgarian broker Trading212 prides itself on 15 million+ downloads of its mobile app. Two of its most promising services consist of fractional share dealing and AutoInvest. Tading212 lists commission-free trading but lacks pricing transparency. I decided to review Trading212 to determine if the commission-free pricing environment is as good as advertised. Is Trading212 hiding something with hidden fees?

Weltrade, founded in 2006, caters to 600K+ traders from 180 countries and features 30-minute withdrawals. It offers the core MT4/MT5 trading platforms, fully supports algorithmic and copy trading, maintains a high-paying partnership program, and generous bonuses and incentives. The low trading fees at Weltrade prompted my comprehensive review to determine whether traders get a competitive trading environment. Should you open and fund a trading account at Weltrade?

Top rated forex broker based in Montenegro offering competitive spreads.

ATC Brokers is an online broker company that provides the software and support required to allow users to trade forex and futures online. On its website, atcbrokers.com, ATC Brokers reviews its account options and software support options, as well as general information on forex trading and information for institutions looking to trade forex. ATC Brokers was founded in 2005 with the mission to provide forex-trading opportunities to the general public, since at the time industry professionals mostly traded forex. The site offers a way for those new to trading to try their hand at trading forex online to earn money via investing. ATC Brokers reviews its software options for interested traders. Clients of the company can trade using a number of software platforms, including ATC Trader, Ninja Trader, X-Trader, MetaTrader 4 ECN, or Active Trader. Each of these programs can be customized to suit the needs of beginner and advanced traders, and be customized to show important info that can affect the client’s trading decisions. ATC Brokers reviews its trading options: it offers automated trading, block account trading, data feed integration, custom indicators and API integration, all of which will help clients make smart, educated financial decisions when trading with the company. ATC Brokers offers trading of futures as well forex. Users have access to a number of free charts, as well as technical and fundamental analyses of the marketplace, to help them choose when to buy and sell forex or futures. The site offers the basics of trading futures and forex to allow users to educate themselves on the rules of the marketplace before they begin trading. ATC Brokers reviews its account options on its website. Users can apply for an account online by sending personal information and proof of ID. The application is subject to ATC Brokers review, and after approval they are able to fund their account and begin trading online. ATC Brokers offers phone and email customer support to its clients to attend to any questions or concerns clients have when trading online.

Top rated forex broker based in United Arab Emirates offering competitive spreads.

Top rated forex broker based in United Kingdom offering competitive spreads.

FP Markets stands out as a solid, no-nonsense Forex and CFD broker that, over the years, has evolved into one of the more reliable names in the industry, with its raw spreads, lightning-fast execution, and a well-optimized MT4 experience. While testing the platform, I found FP Markets’ suite of tools, particularly the 12 MT4 plug-ins and Autochartist signals, offered a noticeable trading edge. The pricing on the Raw account is especially attractive with many spreads starting from 0.0 pips and a competitive $6 round-trip commission.

Top rated forex broker based in United States offering competitive spreads.

FXOpen was founded in 2005 and has since become one of the fastest-growing and most impressive brokerages on the market today. Regulated in Nevis, a light regulatory approach combines with technology and a forward-thinking management team.

FXTG (or Forex TG) is an ASIC regulated company based in Australia since 2005. FXTG aims to provide both traders and trading enthusiasts with the necessary tools to become successful brokers. Ultimately, FXTG aims at simplifying the forex trading industry to ensure that their clients are satisfied and that they have provided as much assistance in the most professional way possible. FXTG employees really do their utmost to provide quality and efficient service to all who chose to sign up with them. With low 1 pip fixed spreads, FXTG is an obvious choice.

FXcast is a worldwide financial services corporation that is specialized in offering currency traders of various levels and experience with excellent quality online trading services. FXcast has remained in the market since 2005. FXcast is registered on Antigua and Barbuda and an accredited member of GDCA. Within this period FXcast has been able to establish itself to be reliable in an industry that has remained very dynamic. FXcast offers a range trading platforms that can be operated manually or automated with an auto-trade capability. FXcast parades the FXcast Swing platform for small accounts and the FXcast Pro platform which is based on Meta Trader 4 platform hence allowing the use of custom indicators and automated expert advisors. The FXcast Swing platform features a 1 Pip spread on EUR/USD, one of its drawbacks is the fixed 1:100 leverage. Meanwhile you still have a tradable 35 currency pair and accounts could start with as little as 1 USD. No personal documents are required for deposits smaller than 100 USD, while multiple accounts are allowed when using the FXcast Swing platform. Real time charts are in displayed not forgetting the fact that trades are open until it reaches take profit or stop loss point. The FXcast Pro is designed for traders of all levels of experience, while you can get acquainted with the trading platform using a free demo account for 30 days. FXcast Pro platform runs on MT4 technology (like many other brokers including GCMFX and Forex4You), allowing a leverage that spans from 1:25 up to 1:400, displaying 35 tradable currency pairs. With more than 40 embedded indicators on this platform automated trading with expert advisors becomes a reality. Fxcast Pro offers the possibility to open multi-currency accounts on EUR, USD or CHF. Signing up for either a demo or real account is pretty easy and takes less than 5 minutes if information’s are entered correctly. Funding live accounts is pretty easy as FXcast supports over eight deposit/withdrawal methods via International Bank Wire Transfer, Webmoney, e-gold, credit/debit card, Liberty Reserve, Bank Card for Chinese Customers, e-bullion, e-dinar and c-gold. FXcast runs a multi-lingual website in English, Chinese, Arabic, Indonesia and Russian, thus allowing its diverse customer base to get an integrated online experience. Other feature to watch out for is its friendly online help that runs 24 hrs. This definitely remains a broker to watch out for and I rate them 3 stars.

Forex.ca is an online broker site that allows users to trade forex online. On its website, Forex.ca allows visitors to learn about the company, browse their account options and the advantages of choosing the company, learn about Forex and the trading options available on the site, and learn about the history of the company. Forex.ca is a subsidiary of Cash Forex Trading Inc, and was founded in 2005 as a way to allow users the chance to trade foreign exchange online, providing the same opportunities to individuals as to larger corporations. Forex.ca reviews extensively the basics of forex trading online. They provide information about what forex is, how it is traded, and the risks involved with trading forex. They also provide definitions to commonly used terms in forex trading to allow newcomers to online trading to learn the proper jargon. They provide explanations of analysis of the marketplace, and provide free charts to their customers to allow them to stay up to date on the changes in a dynamic marketplace. The platforms also offer free auto-trading so users can set preferences to buy and sell forex when the market reaches a pre-set point. This allows for users to trade on the go at their convenience. Forex.ca reviews their trading options for their customers. They allow trading on any of four trading software platforms, to allow users to customize their trading experience with the company. The company offers mini trading accounts which require only a small initial personal investment to begin trading, as well as standard accounts for those more comfortable with trading online and looking to trade larger amounts. Forex.ca offers new account bonuses, and easy online applications for new accounts, and cheap online courses to help users get started trading. Following a Forex.ca review of new applications, users can fund their mini or standard trading accounts to begin trading online. Forex.ca offers phone and email support to their clients to ensure a positive consumer experience.

ForexYard, established in 2005 and located in Nicosia, Cyprus, is a foreign exchange and CFD broker offering Forex, stocks, oil, gold and bitcoin trading. It is regulated by CySEC and MiFID.

Top rated forex broker based in Switzerland offering competitive spreads.

The Gain Scope web site offers a very straightforward invitation to “Start Trading Forex” on its landing page. Inducements offered to those on the fence are a low deposit requirement, no commissions plus a reliable and advanced trading service provider. The Gain Scope profile is also very succinct and matter of fact in describing Gain Scope as a “financial services corporation specialized in providing traders with high quality online spot forex trading services.” Gain Scope acts an Introducer for the firm FXDirectDealer,LLC (FXDD), one that was founded by a global brokerage operation. This should give its customers peace of mind–according to Gain Scope. What we found disconcerting after five separate tests was how the CPU usage indicator on our Windows computer shot up to 99% every time we landed at www.gainscope.com. Similar, but somewhat less dramatic results occurred on a Mac. FXDirectDealer, LLC (FXDD) sports the following credentials: • Developed its auditing, compliance, and operational practices in the model of Tradition. • FXDirectDealer,LLC (Futures Commissions Merchant (FCM) NFA Regulated: #0397435) • Also regulated in Europe, MiFID, Malta Financial Services Authority (MFSA). Registration#: C 48699 and C 48817 • Receives its liquidity from the world’s leading banks including UBS, Deutsche Bank, Goldman Sachs, and Bank of America • Provides world-class security of funds • Holds a fidelity bond (Crum & Forster) to protect customer funds against fraud • Prevents negative equity • Provides transparent and consistent Inter-bank pricing and liquidity with fast trade execution. • Segregated Accounts Gain Scope describes its deployment of the ever-popular trading platform MateTrader 4 in the following terms: some advanced features designed to enhance your online Forex trading experience. Many in the industry concur. One can download MetaTrader 4 and operate it as a demo account for 60 days at gainscope.com. That option can be renewed again and again for another 60 days. A test run or two at Gain Scope might be a good idea. Gain Scope may offer live support at certain times of the day. A link from the Gain Scope web site to a Forex Encyclopedia brought us to Wikipedia.

Knight Capital is an institutional grade Forex broker and certified ECN broker providing direct interbank market access to Forex traders on the MetaTrader 4 (MT4) platform. Knight Capital is located in Helsinki, Finland and has received multiple awards at the esteemed Shanghai Forex Expo in Asia and for the best Forex execution from TheForexAwards.com. www.knightcapitalmarkets.com is operated by Knight Capital Markets Ltd in St. Vincent & the Grenadines.

Top rated forex broker based in Marshall Islands offering competitive spreads.

MultiBank Group has secured its position as a global leader in margin trading, standing out largely due to its unprecedented regulatory framework (17+ licenses globally) and its massive depth of tradable assets, featuring over 20,000 CFDs. For serious, well-capitalized traders, the ECN account offers institutional-grade execution with spreads from 0.0 pips and a competitive $6.00 round-turn commission. While the minimum deposit for the premium ECN account is high, the overall offering—combining MT4/MT5 support with its own social trading platform—makes it an exceptional choice for highly active traders looking for security and diversification. I've found their commitment to regulatory oversight and segregated client funds to be industry leading.

Prime 4x, a division of PrimeForex LCC, is an online broker site that specializes in the trading of Forex online. A Prime 4x review reveals that the company is run out of Dubai, and offers Forex trading to users around the world. On its website, www.prime4x.com, Prime 4x reviews the options available for its customers, as well as Forex education required for new users to succeed in online trading. Founded in 2005, Prime 4ex has expanded to serve an international client base, made up on individual investors and institutions, and large corporations. On its site, Prime 4x reviews its company goals: to offer a secure and reliable trading platform with very competitive trading conditions, and to provide a wide range of financial options to suit the needs of private traders and large corporations. To this end, Prime 4x reviews several fundamental concepts required to trade Forex online successfully. Prime 4x reviews what Forex is, and talks about the fundamentals of trading Forex by defining the terms of the marketplace, pricing for currencies, and risk management. Prime 4x also provides a glossary of all key terms related to Forex trading to ensure its users understand market jargon. The site also offers advice on trading strategy, indicators in the marketplace, and psychology of trading that can affect success. Prime 4x reviews its account options available for online forex trading. Users can sign up or demo accounts to get practice trading forex online with virtual money in a marketplace that mimics the live market. Users can also apply for live accounts, designed for small, standard, or large investment sizes, or partnership accounts that allow handling of numerous accounts at once. All accounts are subject to prime 4x review, and once approved, can be used to trade forex using the MT4 platform. Prime 4x reviews its support options, which range from 24 hour help phones and email support lines, to help ensure a positive consumer experience.

Spread Co is an online brokerage service that facilitates trading of forex, CFDs and spreads online. On its website, www.spreadco.com, Spread Co reviews its company history, dedication to its consumers, and its account options for prospective clients. Spread Co was founded in 2005 and is based out of London in the United Kingdom. Spread Co is dedicated to supporting its clients, which include personal investors, institutions, corporations, banks, brokers and financial intermediaries. Although it is a UK-based firm, Spread Co offers its services to customers around the globe. For users new to online trading, Spread Co reviews the basics of trading to help educate its users before they make the decision to trade online. The site features a frequently asked question section, which provides information about what forex, CFDs and spreads are, and how they are traded online. Spread Co reviews the rules of trading, as well as provides help on all aspects of using the site, from opening an account to using the trading platform software. Trading at Spread Co is done via the Saturn TRADER online software package. Saturn TRADER was developed by Spread Co, and can be accessed online via web browsers, or can be downloaded and installed onto a user’s computer. Spread Co reviews the advantages of the platform: it is customizable and includes charts to allow users to keep up to date on changes to the market. Unlike some competitors, Spread Co offers the platform to its account holders at no cost. Users looking to enter the market of online trading may sign up for a demo account at Spread Co. Registration requires only a valid email address, and allows users to begin to trade online with no personal risk. On its site, Spread Co reviews the advantages of their live accounts, which are geared towards forex, CFD and spread trading. Application is easy and can be done online, and following a Spread Co review, the account may be funded to allow trading. Spread Co provides phone and email support to attend to the questions and concerns of its clients.

Top rated forex broker based in Cyprus offering competitive spreads.

Sunbirdfx was founded in 2005 and is headquartered in London, UK. Sunbird is a Forex and CFD broker and a no dealing desk (NDD ) broker where traders can connect directly with international banks through an ECN for the best price feed regardless of account size.

Top rated forex broker based in Belize offering competitive spreads.

Naming an enterprise after a venerable financial institution like Wall Street takes a certain amount of confidence and might even confuse the search engines. Wall Street Brokers appears to have that kind of confidence, regardless of the risk. The company describes itself as a “pioneer securities and commodities trading firm, offering retail traders, corporations, money managers and hedge funds the gateway to complete e-commerce and online trading services”. The contact information the company provides points one to Wilmington DE 19810, USA. That covers Wall Street Brokers in geographical terms, but the website doesn’t provide much in the way of the history of Wall Street Brokers. Wall Street Brokers describes its services as including: - Tight Spreads - Variety of Products - Hedging Capability - Low Margin Requirements - No SWAP or Hidden Fees - Superior Trading Software - No Dealing Desk - Multi-lingual Support - Partnership Programs As with many other such firms the platform offered for download is MetaTrader 4, a good, solid choice. Support options other than live chat are unclear. The Wall Street Brokers website itself appears to have kept some Flash programmers busy for quite a while, but retains a good bit of focus nonetheless. The focus is on trading Forex and the product offered is comprised of three different account types designed to facilitate currency trading. They are a Standard account with a minimum deposit of $2,000, a leverage of up to 1:400, and a minimum lot size 0.1. A Mini account features a minimum deposit of $500, a leverage of up to 1:400, and a minimum lot size 0.1. A Micro account includes a minimum deposit of $10, a leverage of up to 1:500, and a minimum lot size 0.1. Those new to Forex can partake of a section devoted to education in Forex right on site. One can open a Demo Account for free practice in Forex trading as well.

AMP Futures is a pure-play futures broker in the US offering 50+ trading platforms and four price feeds, promising the lowest commissions, or traders will receive 20 commission-free trades. Founded in 2004, AMP Futures only accepts US-resident traders, and I can recommend it as an execution-only broker for demanding futures traders. Learn what my AMP Futures review uncovered about this futures broker. Should you open an account with AMP Futures?

Arab Financial Brokers (AFB) is a closed shareholding corporation registered under the Kuwait commercial law. The company seeks to cater to clients who trade heavily in the spot Forex market and the futures market. Conversely, Arab Financial Brokers can handle transactions of almost any size. Its clients present the company with needs that are specific to the Mid East, particularly the Gulf region. Arab Financial Brokers responds to its Arab and Islamic clients needs and in compliance with the Islamic Shariah. Clients have the opportunity to run their own Forex accounts referred to as Forex Islamic Accounts. AFB is the parent company of AFB FX, a top Forex brokerage that serves traders worldwide with excellent trading conditions, multiple trading platforms and several types of Forex accounts. Arab Financial Brokers' s mission is to provide excellence client service along with state of the art technology that will facilitate trading in the financial markets it serves. The company also seeks to partner with parties that refer their clients to Arab Financial Brokers and its services. Arab Financial Brokers's technology consists of multiple redundant servers and Internet connections and carefully wrought security mechanisms. Arab Financial Brokers Trader is the company's online trading platform. The platform is said to allow access to real-time tradable prices and to provide the power to trade global markets from one integrated account 24 hours a day. Additional features include: • Advanced charting tools • Live real-time tradable prices • Account status online in real-time • Advanced program trading features--including stop orders and Contingent or if-Done orders. Arab Financial Brokers's Multi Terminal platform allows clients to trade and monitor multiple accounts of different types and sizes on a single platform. Arab Financial Brokers MOBILE Terminal is offered for Pocket PC users. Arab Financial Brokers's Wap technology allows any client with a mobile phone to monitor current market quotes in all the instruments that Arab Financial Brokers trades. Arab Financial Brokers complements its trading platform with 24-hour customer service and dealing support. One can communicate with its support team via phone, email, and chat. Arab Financial Brokers also provides an online learning center that covers Forex basics and offers potential clients the option of opening a demo account for risk free trading.

Dukascopy is a Swiss bank and online broker offering four trading platforms, a well-balanced asset selection, and competitive trading fees. It offers its trading services via the in-house developed Swiss FX Marketplace (SWFX). This ECN proprietary technological solution connects SWFX to 20+ banks via the FIX API for deep liquidity and fast order execution. The STP/NDD/ECN trading environment and volume-based commission discounts make Dukascopy ideal for high-volume and high-frequency traders and an excellent Forex broker for algorithmic traders. My Dukascopy review evaluated the trading environment to determine the Dukascopy advantage and how it benefits traders. Is Dukascopy the right broker for your portfolio?

FXCH is in reality the Foreign Exchange Clearing House. Traditionally financial clearinghouses settle financial transactions between two parties for a fee. FXCH’s services appear to reach beyond those basics into Forex and other types of financial trading.