Forex Brokers Tools

XTB, owned by the Polish-based and publicly listed XTB Group, established itself as a trusted market leader for Forex and CFD traders. It offers traders its proprietary xStation 5, a choice of more than 4,000 assets, deep liquidity, and a highly competitive commission-free cost structure. I reviewed XTB to determine if it offers traders a competitive edge. Should you open an account with XTB?

Professional Forex-traders and brokers started Investment House International (IHI). Its founders also numbered software developers among their ranks. According to the company profile this has allowed IHI to cater to the needs of traders from its very inception. The company was actually founded in 2002. IHI claims to be one of the world's leading online retail trading institutions and seeks to provide user-friendly Forex trading software. Over a 3-year period the company experienced 250% growth. IHI supports over 5,000 clients on a worldwide basis including institutions and individuals. Client funds are insured and held in a separate customer account. The company serves clients in English, French, Spanish, Chinese, Russian and Arabic. The exact geographical location of the company is not easily determined from information available online. Other sources indicate that IHI has offices in the British Virgin Islands. New clients can open accounts with IHI with a minimum $500 invested. A standard account offers spreads for EUR/USD of 2 pips at there lowest. The company can act as an introducing broker. Apparently IHI operates as a non-regulated broker. IHI FX's platform trading software is called Vertex Trader. Vertex Trader is not proprietary to IHI. The platform offers a client terminal with a Net Trade screen through which a trader can read his net trades for each symbol. This lets a trader decide based on the Average price what action to take. All open positions can be selected and closed by a single click. PDA and Web trading capabilities are built into the platform, which is available as a single 6 MB download. Like many such sites the IHI web site offers some educational content, which is designed to allow new traders to grasp Forex market principles and distinctions. A Forex glossary is also featured. Client support appears to be email-based.

ActivTrades was founded in 2001 in Switzerland but relocated to the UK in 2005. From there, it grew into an international brokerage, presently catering to traders from over 140 countries. With its origin as a Forex broker, it expanded and now maintains over 1,000 CFDs across six categories. Technology fulfills a critical role at ActivTrades, as evident in intensive investment in the trading infrastructure and its development team in Bulgaria.

Admirals upgrades MT4/MT5 with the MetaTrader Supreme Edition and SteroTrader. Traders get 8,000+ assets, including share investments, fractional shares, and ETFs. Traders also benefit from an excellent pricing environment, quality education, and in-house research supplemented by services from Trading Central. I reviewed Admirals following its rebranding to determine if its promised cutting-edge product offerings deliver traders an edge. Does Admirals deserve a deposit from you?

City Credit Capital offers its clients “Forex and CFD trading with vision”. One would certainly not want to approach those high-risk markets with blinders on. City Credit Capital provides its clients the opportunity to trade with a fully regulated brokerage based high above London's financial district. So how’s the view? It’s a little scarce when it comes to company history or personnel in print. A link to a playable corporate video does a good job of outlining the services the company offers, however. City Credit Capital is authorized and regulated by the Financial Services Authority. The company offers its services on a worldwide basis in the following languages: Chinese, English and Russian. Its trading services are available to retail clients, essentially by the empowerment offered through the use of its platform. Its wholesale services wholesale division works with financial institutions, brokers, and institutional agents to increase the range of services they can offer. City Credit Capital can “white label” its services and software for use by other firms. City Credit Capital makes The MarketsTrader platform available to its clients. This platform has been developed in-house. It enables one to trade Forex and CFDs from one multi-product online trading platform. MarketsTrader can be operated strictly as a web-based platform or downloaded for operation from a PC. An initial landing on the City Credit Capital website presents you with an opportunity to run an application called Web Chart. You are assured that the application’s digital signature has been verified. If that is enough of an assurance you can run it. We chose not to. We are only reviewing City Credit Capital’s web presence not yet partnering with it on such intimate terms. If you choose to officially partner with City Credit Capital you will need to download from among 11 PDF documents to seal the deal.

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

Finotec, located in the London, U.K. is a division of leading real-time Internet trading company Finotec Trading Inc. which pioneered the world of online Forex trading in 1998. At that time, they began by managing a Risk Book brokerage business and accumulating a deep understanding of all aspects of the Fxspot leveraged business.

Through an agreement signed in September 2014, FXCM Holdings LLC, a subsidiary of FXCM Inc, has acquired all IBFX, Inc. and IBFX Australia Pty Ltd MetaTrader 4 retail Forex accounts. As a result of this deal, IBFX clients using the MT4 platform will be transferred to the FXCM MT4 platform.

Lightspeed Trading is an online brokerage service offering access to trading a variety of financial instruments online. On its website, www.lightspeed.con, Lightspeed Trading reviews its company history, and services offered to clients. Lightspeed Trading was founded in 2001, and has expanded to serve clients on an international basis. The site offers profiles on its management, to provide a small-company feel in contrast to many of its corporate competitors. The site also features a blog written by the CEO of the company, which is updated every few weeks for users to view a professional’s reaction to changes in the market and economy. Lightspeed Trading reviews its emphasis on social networking: the company has a presence on Facebook, Twitter, and YouTube. On its website, Lightspeed Trading reviews the tools and education required to make sound decisions training online. The site features a video learning library, where new users can watch a number of video series including the Trader Truth and Trader Talk video series, and a number of training videos. Users can also learn the basics of the financial instruments traded on the site, including forex, equities, futures and options. Additionally, Lightspeed Trading reviews news and research in the field of trading, and technical analysis to help users understand changes in the marketplace. Lightspeed Trading reviews its account options on its website. Users can sign up for a free demo account that will allow them access to the trading platform using virtual money, to get a feel for online trading without persona financial risk. Additionally, users can register for a live account. Accounts may be opened to trade a number of instruments, and can be done online preceding a Lightspeed Trading review. Once approved, accounts can be funded by a number of means, and users can begin to trade online. Lightspeed Trading offers around the clock phone, email and chat support for its clients.

Top rated forex broker based in Canada offering competitive spreads.

Top rated forex broker based in Cyprus offering competitive spreads.

ArgusFX, founded in 2000, is the registered trading name of Argus Stockbrokers Ltd and is a fully licensed investment services firm offering a wide range of services and products including Forex and CFDs. ArgusFX boasts of offering traders more than 30,000 financial instruments worldwide.

One might expect a company called Cobra Trading to be aggressive in presenting its services to potential customers. The Cobra Trading website does not disappoint in that regard. “Strike first in the market” is the motto the company appears to live by. In any case, Cobra Trading, Inc. offers futures and forex trading in addition to equities and options trading. The overall impression one gets from the Cobra Trading website is a “let’s get started” attitude that summarizes the prices and option available for each of the services the company offers to online traders. There seems to be no real need on Cobra Trading’s part to offer any sort of detailed information, such as a company history, about Cobra Trading itself – other than the basic contact information relating to its location in Allen Texas. It is mentioned on the site that Cobra Trading, Inc. is a member of FINRA, NFA, and SIPC, and clears through Penson Financial Services. Cobra Trading offers multiple platforms: It sole online platform, CobraOnline, is an web-based trading platform for stocks and options that require no download whatsoever. Platforms described as direct access include: Cobra IQ for equities and options, OmniPro for a financial technology solution for institutional, retail, and automated traders (black box trading) and Sterling Trader Pro, a multi-purpose front-end trading platform. All platforms are designed to run on Windows 2000 or later PCs. An excellent FAQ section offers answers to questions such as these: How do I open an account with Cobra Trading, Inc. What is the minimum to open an account? How do I transfer an account to Cobra Trading, Inc.? How do I fund my trading account? When can I begin trading? Support is offered and questions are answered via phone, fax and email. A live chat option is offered on the website itself for more urgent matters. Trading hours are 6:00 am EST thru 8:00 pm EST. Hours of operation are Monday through Friday 7 am to 5 pm CST.

FX Renew is a Florida-based Forex brokerage that is looking to revolutionize the Forex industry by offering accessible, professional guidance to all clients so that they can have profitable, long-term trading careers. Run by a group of licensed traders who monitor the market 24 hours a day, FX Renew offers excellent customer support, a live trading room and free Forex signals (some restrictions apply) so that traders will trade comfortably, intelligently and successfully. Read our full FX Renew review to learn more about this top notch brokerage.

The Foreign Exchange market, also referred to as the "Forex" or "Retail forex" or "FX", is the largest financial market in the world, with a volume estimated to be over $3.2 trillion a day. Like any financial market trading on the Forex market involves a certain amount of risk. In fact, it is commonly assumed that only 20% of traders involved in this market make any kind of profit at all. FXall is just one of many sites that offer assistance designed to give inexperienced and veteran traders all the edge they need to make money trading Forex. One of the characteristics of this market is its openness to individual traders as opposed to institutional ones. It is true, however, that even individuals are likely to need a platform and tools to participate in this market in a meaningful way. FXall offers both brokerage services and a software platform designed to facilitate trader activities. The company also states repeatedly that its principals do not trade in the market themselves. Their interest in the matter is the interest of their clients. FXall offers most of the services expected from similar operations. These include an in-house trading platform called QuickTrade By FXall, Stop Order and Limit Order services designed to limit the risk posed by sudden fluctuations in the market. Its Trailing Stop Order service is designed to both limit losses and maximize profits. A neat trick when it works. The company also offers 24-hour trading, which is a necessity because Forex trading does occur on an almost 24/7 basis at least somewhere around the world. One notable absence is the lack of a free demo account. Many people think that the best way to learn how to trade in the Forex market is to make a number of practice trades before one starts risking their own capital on the Foreign Exchange market itself.

Global Market Index (GMI) is an online broker headquartered in Boston, USA with offices in a number of countries and regions such as the United States, Spain, Mexico, New Zealand, and others. GMI is regulated by the Australian Securities and Investments Commission (ASIC) in Australia and was among the first to use Multilateral Trading Facility (MTF) for financial instrument trading.

Hotspot FX is a company that pioneered Forex trading electronically. Hotspot FX LLC is a wholly owned subsidiary of Hotspot FX Holdings, Inc. Hotspot FX Holdings, Inc. is a subsidiary of Knight Capital Group, Inc. Hotspot FX Holdings, Inc.'s main office is in Jersey City, New Jersey. It maintains offices in Chicago, London, and Singapore as well. The company describes itself as “innovating” the ECN model for institutional foreign exchange trading. What this provides to buy-side traders is centralized price discovery, and fully transparent, executable, neutral, real-time multibank prices. Its applications include full depth-of-market view, which enables investors to see all bids and offers in the market; to trade instantly and anonymously on live prices and enter bids and offers to better their execution price; and a suite of real-time and historical multibank market data, which enables institutions to analyze and benchmark their FX trade executions. The Hotspot FX website seems to place great emphasis on institutional Forex trading and any evidence of a retail option is less than obvious. In fact, Hotspot FX sold off its retail division to FXCM and, as February 13, 2009, has ceased offering retail Forex trading services to its customers. Its institutional trading platform, Hotspot FX appears to be proprietary and offers the following features: Automated order execution. That means all deals on Hotspot FX are executed electronically without any dealer involvement or a dealing desk. Although re-quotes are common in traditional spread trading, Hotspot FX does not re-quote and strives to fill trades at the price shown on the screen. Every trader that uses Hotspot FX has the option of being a market maker. That enables one to enter one’s own bids and offers into the platform either inside or outside the spread. This website and the company behind it have evolved into an institutional Forex trader/broker. Hotspot FX appears to serve the needs of the institutional Forex community quite adequately.

PFGFX or Pro Finance Group Inc., was founded in the year 2000 by professional traders who had a vision of offering traders with another way to trade outside of the current Foreign Exchange market. From the outset, this company's goal has been to inspire its customers' faith and help them gain mastery. PFGFX deals with online trading in Foreign Exchange, Contracts for Difference, metals, futures and investment management. This company's website is very conservative looking in terms of its color scheme and this would immediately inspire a visitor's confidence and give an impression of reliability...which is the truth about PFGFX, given its years of experience and dedication to performance and customer service. The home page features a splash of color in the middle, indicating that this company keeps up with the trends and offers state-of-the-art technology. The platform used is PFG FX Trader that offers significant features like Expert Advisor, Back-testing trading strategies, and Multiple Charting Capability. Some of the advantages of dealing with PFGFX are: -24-hour BEST Forex trading -Free information and analytical tools to all customers -Fully automated Black Box Forex trading -Automated trailing stop -100:1 or 200:1 leverage depending on account. The website provides ample information on account opening, different types of accounts and their features, currency rates, addresses and telephone numbers for customer service the world over, demo accounts, and mobile trading. Certainly the place to go if one wants to get to know this company and become a customer!

Ardu Prime, founded in 1999 and headquartered in Athens, offers clients the core MT5 trading platform upgraded with the Trading Central plugin and STP/NDD order execution. It recently relaunched its website and corporate image, added a dedicated cryptocurrency service, and aims to expand its retail footprint. I reviewed Ardu Prime to evaluate its trading costs and determine if it provides traders with a competitive edge. Is Ardu Prime the right broker for you?

CMS Forex is a Forex trading site based in New York. It was founded in 1999 by successful Forex traders and brokers, and software developers. CMS Forex has affiliate companies around the world, including Bermuda's Capital Market Services International, CMS Forex Japan, and CMS Forex UK. CMS Forex trading relies on the VT Trader 2.0 platform, which is customizable software to accomidate Forex professionals as well as those newer to Forex trading. CMS Forex offers both practice and live accounts with which to trade currency in real time, as well as education for newcomers to Forex trading. The education portion of the CMS Forex site offers information to guide you through each step of using the site. There are several pages dedicated to teaching the user the basics of Forex trading before opening a practice account, which detail exactly what Forex trading is, and the benefits of trading Forex over trading stocks. Additionally, the site gives an overview of fundamental and technical analysis of Forex trading. Finally, CMS FX site provides a tutorial on how to use the VT Trader 2.0 software to trade Forex. For those who had opened a practice account and are looking to switch to a live account, there is a guide outlining what to expect in the transition from trading practice money to real money. The site outlines common changes in conditions that can occur within the live market that cannot be duplicated in a demo, to prepare the user for potential changes in outcomes experienced in the live market. Additionally, CMS FX provide advice on handling the emotional changes that can occur in trading life currency, and how to this can affect trading. For further help in managing Forex trading, CMS Forex offers 24 hours live chat with professionals, as well as customer service phone lines to ensure a positive consumer experience on the site.

Deriv offers clients several proprietary trading solutions and synthetic assets, including many types of CFDs. Deriv has a commission-free cost structure, and its website lists swap-free trading for all. The four Deriv principles are reliability, fairness, transparency, and responsibility. With 2.5M+ clients, I thoroughly reviewed Deriv to evaluate its trading conditions. Should you consider trading at Deriv?

The first thought that comes to mind when one lands on the Dif broker website is "power". This is due to the choice of colors, black and crimson, and the map of the world that indicates its global reach. Definitely an inspiring initial impression! Dif Broker was voted the Best Online Broker in Western Europe for 2010. Given the large number of online brokers, this is very impressive. The website is easy to navigate. It has a list of countries towards its left and one just has to click on the appropriate country to view the version of the website in the local language. This increases the company's reach and indicates their strong urge to serve their customers in the best way possible. Towards the middle of the home page is an area, which provides more information for investors seeking to manage risk in international markets. This is done by means of the automatic Country Models. The Regional Opportunities Model offers the perfect combination of exposure to target equity markets and risk-management. This is based upon the Point and Figure methodology in which Dorsey, Wright and Associates are experts: this investment advisory firm manages the Trade the Country Model. It is a computer-to-computer automatically managed stock portfolio. Dif Brokers trading products are: -Stocks -Exchange Traded Funds (ETFs) -Contracts for Difference (CFDs) -Futures -Forex. Dif Freedom is the trading platform used by this company. There are many other sections, like, Investment, Dif Woman, Dif Junior, Markets and IB Services. Help is easily available with phone numbers and help desk email addresses provided for quick access. This is, all in all, an excellent website, with its wealth of information that is easily understood. It is well worth a visit. Dif Broker stands for integrity and trust.

FXCM remains one of the most competitive choices for traders especially those looking for algorithmic trading solutions. Besides its proprietary Trading Station, FXCM offers MT4 and ZuluTrade. Capitalise AI, its latest addition, allows traders to automate strategies using an intuitive, code-free environment. FXCM also presents six specialty platforms for algorithmic traders and fully supports API trading. FXCM Plus provides clients with quality research, while beginner traders receive valuable educational content. I reviewed FXCM to evaluate if this broker delivers on its client-first, trader-driven mission statement. Does FXCM maintain trading conditions beneficial to traders?

Top rated forex broker based in Italy offering competitive spreads.

Forex worldwide is a company with a global presence in the areas of Foreign Exchange and Contracts for Difference training and support. Being based in Dublin, Ireland, it is represented in the United Kingdom, Spain, and South Africa. Forex worldwide has been in this field since 1999, and, thus, has a great amount of experience to its name.

ForexMeta is an online Forex trading company based in Chicago, Illinois. Their website offers information on Forex trading for those new to online trading. Additionally, ForexMeta reviews account options for visitors, ad provides trading guides to help promote financial success of its clients. ForexMeta was founded in 1999 in the United States with the mission to help provide a comprehensive and understandable platform for users to trade Forex online. Since Forex trading was originally reserved for finance professionals, ForexMeta reviews information for the general public to learn about the basics of Forex trading. ForexMeta offers an extensive support website for users new to Forex trading on the site. A ForexMeta review reveals extensive information on the platform used by the site. ForexMeta is based on the MetaTrader 4 software, the leading Forex trading software platform that allows a customizable trading experience for clients. The site offers a ForexMeta review of features available on the site, including information on commission charged, leverage rates, micro lot trading, and the specifics of currency exchange. ForexMeta also offers online reporting of MetaTrader functionality through daily emails, and offers online reports of account histories. Forex Media reviews the advantages of mini and standard accounts, and provides information about spreads, rollover rates, charts and feeds for both account types. The support section of the website also reviews the details on how trading is done on the MetaTrader platform, and the conditions for trading that guide how clients use the program. ForexMeta reviews the features of both demo and live accounts. Users can access free demo accounts to trade Forex online without financial risk. Traders can also create standard and mini accounts to trade Forex online, with the choice for relatively low financial investment. Finally, ForexMeta offers 24 hour online and phone support for its clients, to attend to questions and concerns about trading online.

Gain Capital is a useful full service brokerage that features advanced Forex trading technology. By visiting Gaincapital.com, you will have access to real-time market information, professional customer service, and trading tools. Opening a Gain Capital account is fast and easy, but you will need an initial minimum deposit of $100,000 for trading. You can apply online, or download and print an application. A free 30 day trial is also available. This way, you can test your trading strategies and get familiar with the features of FOREXTrader PRO. You will receive $100,000 in virtual cash as well as unlimited access to Gain’s FOREXTrader PRO Platform. Gain Capital supports fully automated trade execution via a standard FIX protocol or web-services API. This is useful for traders interested in developing their own black box strategy or in utilizing an automated trading system. Another benefit of Gain Capital is that you will have access to an award winning system and platform. Gain offers a 24-hour trading environment during market hours as well as a 100% uptime. Gain Capital Group is a registered NFA member and is regulated by the CFTC (Commodity Futures Trading Commission.) Being an FCM ensures that Gain Capital must uphold the highest business practices and standards, and is subject to strict financial reporting and requirements.

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

KeyStock is a financial service broker operated by Nuntius Brokerage & Investment Services S.A. a financial services company authorized and regulated by the Hellenic Capital Market Commission (HCMC). It was established in 1991 and is domiciled in Athens Greece. Nuntius Brokerage & Investment Services S.A. is a member of Athens Stock Exchange and of the Athens Stock Exchange Members```` Guarantee Fund. It is also MIFID legislated and licensed and is a markets.com brand.

Latitude FX is a company whose essence is borne out in this line "By traders for traders". That is a powerful statement and immediately evokes a feeling of confidence. This company, being formed by traders, is best equipped to understand other traders' needs. The company's website with its cool color scheme of white, blue and gray, is clean and crisp, and enables one to gather as much information as required on which to base various decisions such as at what level to trade and what makes Latitude FX stand out as against other companies. The trading platform for technical analysis is Metatrader 4, which can be downloaded to one’s computer, and then it runs as a standalone application. LFX Trader is used for charting. A comparison between the two is provided. These are the advantages of dealing with Latitude FX: -It is formed by traders so it understands traders' needs -Excellent support -No maximum position size -High level of integrity and transparency -Superior trading platforms -It gives customers the freedom to trade at their best. There are many sections which provide a wellspring of information in the areas of tools, free web seminars, demo trading, how to open an account, foreign exchange transfers, live quotes, current events, and much more. Latitude FX aims at making money with their clients not from their clients. There is surely lots on this website that would inspire choosing this company.

MB Trading Futures Inc. has been in operation MB Trading Futures Inc. as since 1999. It is based in California, USA and is one of the few ECN (Electronic Communications Network) brokers out there that offer trading in Forex, stocks, commodities, and futures on multiple platforms for both web and desktop traders. It is regulated by the NFA in the U.S.

MarkeTrade.com describes itself as a service of WR Hambrecht + Co. In fact it is a fully owned division of that aforementioned company. MarkeTrade.com describes its operation as dedicated "to the needs of the Asian-American community." One specific need is the desire by members of that community to "use their native language for daily communication."

Marketiva is now operating under the company name AGEA Jinrong DOO and is no longer accepting traders under the former Marketiva brand. Please see our full AGEA review to learn more about this Forex broker.

NobleTrading, a subsidiary of LightSpeed Financial Inc, is an online brokerage company that specializes in the trading of a number of financial instruments. On its website NobleTrading reviews their trading options, information on trading markets and instruments, their account options and their company history. They also outline the trading platforms offered and their customer service options. NobleTrading is based in New York City in the United States. It is at the forefront of online trading, first opening online trading options in 1999. The mission of the company is to provide direct access to US equity options and futures markets, to allow trading by both individual customers and large institutions. They aim to provide a supportive trading atmosphere with competitive services to allow for the financial success of their clients. NobleTrading reviews their services for trading stocks and options, futures, and forex to private clients and institutions. Each trading instrument has a section of the website dedicated to outlining the advantages of trading the instrument with NobleTrading, as well as information on the software platforms available for trading. They offer a broker comparison for clients to weigh the advantages of working with NobleTrading. NobleTrading reviews their account options on their site. Users can sign up for a demo account to trade in a number of markets with no real personal financial risk, and to allow clients to learn about the marketplace to help ensure their success trading real money. NobleTrading reviews their live account options, which allow for a range of down payments for account opening. Users can open an account online, and following a NobleTrading review, they can deposit funds into their account and begin trading on any of the company’s platforms. NobleTrading offers phone, email and live chat support to provide a positive trading experience for their customers.

Top rated forex broker based in New Zealand offering competitive spreads.