Top 10 forex trading brokers

Avatrade, a pioneer in the field of online forex trading from 2006 onwards, was created for the purpose of providing great online trading experience to retail traders.

Today forex bonuses

Top 10 forex trading brokers, top 10 forex trading brokers.

Within a short time, avatrade had more than 20,000 registered customers executing over 2,000,000 trades in a month around the globe. The total value of trades surpasses $60 billion in a month. Pepperstone, an execution-only forex as well as CFD broker, provides trading solutions that cater to both veteran and novice traders. Founded in 2010, the company has its headquarters located in melbourne, australia. The company has offices in shanghai, china and dallas, USA.

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Forex trading offers an opportunity to earn some additional income. If you are planning to try it out, you should learn the basics of currency trading. Though there is much more to learn than you as a beginner might expect, the fact is that it is learnable. Once you have decided to try out forex trading, the first step is choosing a forex broker. You need to look at various aspects order such as trading platform, account options, minimum deposit, spreads and commissions, deposit and withdrawal options and customer service, among others, when choosing a forex broker. In order to make things easier for you, we have evaluated a number of forex brokers and have listed below the top 10 forex brokers. You can research each one of them on your own and choose one that fits your needs the best.

Top 10 forex brokers list 2021

info	bonus	open account
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec	50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win.	Visit broker
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC	$100 no-deposit bonus, 100% deposit bonus	visit broker
min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize	“50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program”	visit broker
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN	35% of the account deposit	visit broker
min deposit: $100 spread: starting 0 pips leverage: up to 400:1 regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA	visit broker
min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202	visit broker
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK	visit broker
min deposit: no minimum deposit spread: 1.2 pips leverage: 50:1 regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC	visit broker
min deposit: $10 spread: leverage: regulation: cysec	-	visit broker
min deposit: $200 spread: from 3 pips leverage: 400:1 regulation: NFA, FCA, cysec	visit broker

XM.Com, a trade name of trading point holdings ltd, is owned as well as operated by trading point of financial instruments ltd, which is regulated by cysec. It is also european union-registered forex broker. XM has its headquarters in limassol, cyprus.

Broker type – DMA/STP, MM
minimum deposit – $5
deposit options: bank wire, neteller, skrill, webmoney, credit card, westernunion, moneygram, SOFORT, unionpay (china), etc.
Maximum leverage – 888:1
minimum lot size – 0.01
spreads – variable
lowest spreads for EUR/USD – more than 1

FBS, an international forex broker, has presence in over 120 countries. The online forex company boasts of 2,000,000 traders (clients) and 130,000 partners. For muslim traders, the broker provides swap-free or islamic accounts. FBS was founded in 2009 and they do not offer financial services to people in the USA, belize and japan.

Broker type – ECN/STP, DMA/STP, MM
minimum deposit – $5
deposit options: visa/master card, neteller, skrill (7.5% commmission), webmoney, perfectmoney, OKPAY, FBS exchanger, wire transfer, yuupay (3% commission), etc.
Maximum leverage – 500:1
minimum lot size – 0.01
spreads – fixed and variable
lowest spreads for EUR/USD – 2 pips for mini accounts and 1 – 2 for standard accounts

Pepperstone, an execution-only forex as well as CFD broker, provides trading solutions that cater to both veteran and novice traders. Founded in 2010, the company has its headquarters located in melbourne, australia. The company has offices in shanghai, china and dallas, USA.

Broker type – electronic communication network/straight through processing and direct market access/straight through processing
regulation – australian securities and investments commission (ASIC)
platforms – metatrader4, ctrader
minimum deposit – $200
deposit options – bank wire, debit card, credit card, webmoney, neteller, fasapay, skrill, BPAY, poli, QIWI, paypal, unionpay(china), etc.
Maximum leverage – 400:1
minimum lot size – 0.01
spreads – variable
lowest spreads for EUR/USD – more than 0.5 pips for mini and standard; more than 0.1 pips for ECN

Tickmill, owned by tickmill limited and operated by tmill UK limited and tickmill ltd., which is a company registered in england and wales. Tickmill has principal and registered offices in london and seychelles. Tickmill is under the regulatory control of both financial operates conduct authority in the UK and financial services authority of seychelles.

Broker type – STP/ECN/NDD/DMA
regulation – FCA, UK and FSA, seychelles
platforms – web platform, metatrader 4, mobile platform
minimum deposit – $25
deposit options – wire transfer, credit/debit card, webmoney, unionpay, skrill, neteller, fasapay
maximum leverage – 500:1
minimum lot size – 0.01
spreads – variable
lowest spreads for EUR/USD – starts from 0.0

In 2013, fxopen launched its online trading platform. Fxopen UK, based in london, is regulated by the financial conduct authority in the UK.

Broker type – ECN/STP
regulation – FCA, UK
platforms – three versions of MT4
minimum deposit – $300
deposit options – bank wire transfer, credit/debit cards, webmoney, neteller, skrill, payza
maximum leverage – 500:1
minimum lot size – 0.01
spreads – variable
lowest spreads for EUR/USD – starts from 0 pips

Plus500 forex trading platform is provided by plus500cy ltd., which is a company based in cyprus and with headquarters in limassol. This broker is authorized as well as regulated by the cyprus securities and exchange commission.

Broker type – market maker
regulation – cyprus securities and exchange commission (cysec), financial conduct authority (FCA), australian securities and investments commission (ASIC)
platforms – windows trader, webtrader
minimum deposit – $100
deposit options – bank wire, paypal, credit card, skrill, etc.
Maximum leverage – 50:1
minimum lot size – 0.01
spreads – fixed
lowest spreads for EUR/USD – 2

ETX capital, a financial services company based in the UK, provides institutional, high net worth and retail customers with online platforms for trading forex and derivatives. ETX capital is the trading name of monecor (london) limited.

Broker type – forex and CFD broker
regulation – FFCA, UK
platforms – MT4, marketspulse
minimum deposit – $100
deposit options – china unionpay, giropay, neteller, credit card, sofort, wire transfer, skrill
maximum leverage – 400:1
minimum lot size – 0.01
spreads – fixed
lowest spreads for EUR/USD – 0.7

Octa markets was incorporated 2011 and the forex brokerage serves clients in more than 100 countries around the world. The company is registered in saint vincent and the grenadines. The company operates under the regulatory purview of IFSA.

Broker type – DMA/STP
minimum deposit – $5
deposit options: bank wire, debit card, credit card, skrill, neteller, unionpay (china), fasapay, etc.
Maximum leverage – 500
minimum lot size – 0.01
spreads – variable
lowest spreads for EUR/USD – more than 1.5

Avatrade, a pioneer in the field of online forex trading from 2006 onwards, was created for the purpose of providing great online trading experience to retail traders. Within a short time, avatrade had more than 20,000 registered customers executing over 2,000,000 trades in a month around the globe. The total value of trades surpasses $60 billion in a month.

Broker type – market maker
regulation – australian securities and investments commission (ASIC); central bank of ireland; financial futures association, japan; financial services board (FSB), south africa and israel securities authority (ISA)
platforms – metatrader 4, avatrader
minimum deposit – $100
deposit options – bank wire, paypal, webmoney, skrill, credit card, neteller, prepaid master card, etc.
Maximum leverage – 400
minimum lot size – 0.05
spreads – fixed
lowest spreads for EUR/USD – 3

Etoro, an online forex broker, offers trading in currencies, indices, commodities and CFD stocks. More than 4.5 million users from over 170 countries around the world make use of the online forex broker’s website. Founded in 2006 in tel aviv, the multi-asset brokerage company has registered offices in israel, the united kingdom and cyprus. One of the key features of etoro is the social investment platform with copy-trading feature that it offers.

Broker type – market maker
regulation – cyprus securities and exchange commission (cysec), markets in financial instruments directive (mifid), commodity futures trading commission (CFTC), financial conduit authority (FCA), national futures association (NFA), australian securities and investments commission (ASIC)
platforms – etoro openbook, etoro webtrader, etoro mobile trader
minimum deposit – $50
deposit options – bank wire transfer, credit/debit card, skrill, moneygram, paypal, neteller, webmoney, western union
maximum leverage – 400:1
minimum lot size – 0.01
spreads – fixed
lowest spreads for EUR/USD – 3

Top 10 best gold trading forex brokers for 2021

Top rated:

Today, the search for a haven against inflation and protection against imminent losses in other investments like commodities, bonds, and stocks, has made the prices of gold to skyrocket.

If you’re ready to start trading gold, you have made the right decision and since gold is a very common asset to trade, we suggest taking a look directly at what we consider to be the top 10 of the best forex brokers in the world.

Otherwise, keep reading as we review the top 10 best gold trading forex brokers on the market.

Top 10 best forex brokers for trading gold

1. Hotforex

Hot forex is a leading gold forex broker on the market. This broker made it to the top of our list for a few reasons. Firstly, hot forex has one of the lowest spreads on the market for gold traders. The spread on gold is currently 0.19. Secondly, hot forex supports exchange traded funds (etfs). Whether you want to trade for the long or short-term, hot forex has all the trading tools to help you take profit without losing your trading capital to market forces.

What’s more? Hot forex supports both MT4 and MT5 trading platforms. The MT4 trading terminal doesn’t need any formal introduction. Undoubtedly, it is the most popular trading platform across the world. It is equipped with all the required features for even a newbie to start trading gold without any hassle. It is user-friendly and comes with lots of trading indicators.

With hot forex, you can trade derivatives on gold (cfds). This broker also has a demo account where beginners can create an account for free to begin their journey into the world of unlimited possibilities. There is no timeline for the demo account to be operational.

The minimum deposit requirement by hot forex platform is pegged at $5. This is decent enough for everyone to start making money off the gold market.

2. IG markets

IG markets is another giant you should consider creating an account to start trading gold. With IG markets, you can spread bet or even trade cfds on gold. Trading on spot gold is also possible with this broker. IG markets also has one of the lowest spreads on gold in the history of the gold market. As presently constituted, the spread on gold is 0.6.

Aside from gold trading, IG markets is also into ETF, shares tradings, and future gold. This broker supports the popular MT4 trading terminal and other reliable trading platforms, including IG markets prorealtime platform and IG markets L2 dealer.

If you are not very familiar with IG markets’ trading environment, they operate a demo account where you can create a free account to perfect your trading skills. The duration of the demo account is unlimited. Plus, the minimum deposit required to open a trading account and start trading to make real money is $300.

3. Etoro

Etoro is like a household name in the gold trading community. It offers CFD trading on gold and also exchange traded funds. Whether you want to trade for the short or long-term, etoro is equipped with a wide range of tools to help you take profit without losing your trading capital to market forces. Etoro is also highly regulated by the relevant regulatory agencies in the jurisdictions they operate.

If you want to add cryptocurrencies and forex into your investment portfolio, etoro is the best place to do that, as they also trade BTC/XAU. Their proprietary trading platform is equipped with so many attractive features, some of which are trading charts, trading indicators, and robust customer service team. Their customer service team is on the ground to resolve all traders’ complaints within the shortest possible time.

Additionally, etoro runs a demo account which you can use to perfect your trading skills. The essence of the trading account is to help you better understand the dynamics of the market so that you don’t make a costly mistake that may swallow your trading capital. What’s more? Etoro’s minimum deposit is pegged at $200. Once you fund your account up to this amount, you can start trading gold to make real money.

4. Admiral markets

Admiral markets is another gold trading forex broker you should take seriously. They support gold trading on CFD. Plus, they offer one of the lowest spreads on gold, which is currently 0.25. Admiral markets is highly regulated, and they provide tremendous leverage to aid you to reach your profit potentials on time.

This online broker supports exchange traded funds and gold futures. Whether you plan to be a day trader or you want to trade gold as a long-term trader, there is a place for you on the admiral markets platform. They support the popular MT4 trading terminal and MT5. Plus, they operate a 30-day limit demo account for newbies to learn the nitty-gritty of the market and become profitable traders.

Once you have opened a trading account on the admiral markets platform, you need to fund your trading account with a minimum of $100 before you can start trading.

5. Forex.Com

Another gold trading broker you should consider is forex.Com. This broker is highly promising and operates with a spread on gold of 0.35. To ensure that gold traders maximize their stay on the market, they offer spot gold and cfds. Plus, they support exchange traded funds.

Forex.Com has a proprietary trading platform to trade gold. However, its MT4 trading terminal doesn’t support gold trading. You can diversify your investment portfolio by also investing in cryptos, commodities, shares, forex, and bonds. In terms of platform security, forex.Com stands tall in this regard. It uses cutting-edge security measures to protect traders’ funds.

That’s not all; it operates a demo account that is entirely free to open. Before you fund your trading account to start earning real money, ensure you have perfected your trading skills and strategies with the demo account. Otherwise, you stand a chance of losing your money to the market. Thankfully, the demo account comes with a duration of 30 days, which is decent enough for you to learn about the gold market and how to make profit trading gold. The minimum deposit required by forex.Com is $50.

6. Avatrade

Next is avatrade. This broker is a leading gold forex broker on the market. You can trade gold CFD with avatrade. Avatrade has a spread on gold of 0.34, which is one of the lowest on the market. They also support exchange traded funds (etfs) and gold futures. Whether you’re a long or short-term investor, avatrade has all it takes to become a profitable gold trader.

Furthermore, avatrade supports both MT4 and MT5 trading platforms. They also have their proprietary trading platform, including avatradego and avaoptions. These trading platforms are equipped with all the required features for even a newbie to start trading gold without any hassle. They are user-friendly and come with lots of trading indicators.

With avatrade, you can trade derivatives on gold (cfds). This broker also has a demo account where beginners can create an account for free to begin their journey into the world of unlimited possibilities. However, the demo account has a 21-day limit. The minimum deposit required by avatrade is $100.

7. City index

City index is one of the best gold trading forex brokers you should consider partnering. With city index, you can spread bet or even trade cfds on gold and metals. Trading on spot gold is also possible with this broker. This broker has a spread of 0.5 on gold, which is very decent compared to other brokers.

City index doesn’t support gold etfs and shares. They, however, support gold futures. They also support the popular MT4 trading terminal and wetrader, so that those using the desktop computer can have access to trade gold wherever they live.

If you are not very familiar with the city index’ trading environment, they operate a demo account where you can create a free account to perfect your trading skills. The duration of the demo account is 12 weeks. Plus, the minimum deposit required to open a trading account and start trading to make real money is $100.

8. CMC markets

CMC markets is a popular broker in the gold trading community. It offers spread betting and CFD trading on gold. The spread on gold is 0.3. Whether you are a long or short-term gold trader, CMC markets is equipped with a wide range of tools to help you take profit without losing your trading capital to market forces. CMC markets boasts of a team who understands the dynamics of the gold market.

This broker has a proprietary trading platform, as well as the MT4 trading terminal. Their proprietary trading platform is equipped with so many lovely features, some of which are trading charts, trading indicators, and trading signals. Their customer service team is very professional; they resolve all traders’ complaints within the shortest possible time.

Additionally, CMC markets runs a demo account which you can use to perfect your trading skills. However, if you operate a dormant account for one year, you will be charged a monthly fee of $15. The essence of the trading account is to help you better understand the dynamics of the market so that you don’t make a costly mistake that may swallow your trading capital. What’s more? There is no minimum deposit requirement.

9. FBS

Another great gold trading forex broker is FBS. They offer trading on spot gold at a spread of 0.30. FBS is highly regulated, and they offer significant leverage to aid you to reach your profit potentials on time. Unlike other brokers, they do not offer shares and ETF trading.

Whether you plan to be a day trader or you want to trade gold as a long-term trader, there is a place for you on the FBS platform. They support the popular MT4 trading terminal and MT5. They also have their proprietary trading platform known as FBS trader. Plus, they operate a 90-day limit demo account for newbies to learn the nitty-gritty of the market and become profitable traders.

Once you have opened a trading account on the admiral markets platform, you need to fund your trading account with a minimum of $1 before you can start trading.

10. Plus500

The last but not the least broker is plus500. This broker is recommended if you want to be on top of your game. In fact, with this trader, you can become a profitable trader in less than 3 months. This broker is highly promising and offers CFD trading on gold. To ensure that gold traders maximize their stay on the market, they also provide etfs and gold futures.

Plus500 has a proprietary trading platform to trade gold. You can diversify your investment portfolio by also investing in cryptos, commodities, shares, forex, and bonds. Plus500 uses cutting-edge security measures to protect traders’ funds.

That’s not all; it operates an unlimited demo account that is entirely free to open. Before you fund your trading account to start earning real money, ensure you have perfected your trading skills and strategies with the demo account. Otherwise, you stand a chance of losing your money to the market. The minimum deposit required plus500 is $50.

Comparison among best gold forex brokers

Find below a comparison table showing the differences and similarities of each of the 10 gold forex brokers.

Brokers	gold CFD	gold spot	gold future contract	gold etfs	gold shares
hotforex	yes	no	no	yes	no
IG markets	yes	yes	yes	yes	yes
etoro	yes	no	no	yes	no
admiral markets	yes	no	yes	yes	no
forex.Com	yes	yes	no	yes	no
avatrade	yes	no	yes	yes	no
city index	yes	no	yes	no	no
CMC markets	yes	no	no	yes	no
FBS	no	yes	no	no	no
plus500	yes	no	yes	yes	no

Ways to trade gold: types of gold assets

There are 7 types of gold assets. Find below the types of gold assets and a brief explanation for each.

Real gold

Real gold is a form of currency. The acceptable trading symbol internationally is XAU. Real gold can serve as a hedge against inflation. It is a safe-haven for most other financial instruments. Investment in real gold can potentially increase not just your worth alone, but protect you in times of economic uncertainties.

Gold spot

This describes the current price of gold. Transactions involving gold spot are usually instant and don’t wait until a future date. In other words, unlike other markets, a gold spot market is traded instantly for you to either make a profit or a loss.

Gold as CFD

Gold cfds are a useful tool in the hands of a trader to speculate the price changes of gold. Depending on the direction of gold prices, you can buy or sell some units of gold instead of purchasing the gold itself.

Gold as future contract

These are contracts terms on which you can trade gold. Under gold futures, the contract terms are stipulated in the present but are valid until a predetermined date in the future.

Gold options

Gold options are ways in you can also invest in gold. Under gold options, you have the right to either buy or sell gold security at a predetermined price on a specific date. Plus, as a trader, you are not under any obligation to buy or sell.

Gold etfs

Etfs stand for exchange-traded funds. Therefore, gold etfs are financial instruments that provide investors with a diversified portfolio and low-cost way of investing in gold instead of buying the physical gold itself. Gold etfs compose of the following tradeable subsets:

Exchange-traded notes (etns)

Closed-end funds (cefs)

Exchange-traded funds (etfs)

Gold industry shares

Gold industry shares allow investors to invest directly in a company that is into gold mining or any other gold-related activities. The value of your investment in gold rises or falls when the actual prices of gold also rise or fall.

In other words, the value of these shares largely depends on the present price gold at any point in time.

How to choose a broker for trading gold

Before you choose a broker, there are some factors you should consider. When you get it right in your choice of a broker, you are already on your way to financial freedom. If you make a wrong decision – you end up losing your hard-earned money.

So, how do you know a genuine broker that has the interest of her traders at heart? While it might be pretty difficult to pick a broker from the surface, you should consider the factors below strongly:

Reputation and experience: you don’t want to trade with a broker that is not reputable or that just launched its trading platform yesterday. The first thing to check in any broker you are interested in is their reputation and experience. Ensure their team members have a proven track record of achieving success in the gold market. Go through their website to read customers’ testimonies and also read review sites about them. If all the indicators are positive, then you won’t make a mistake.

Multiple trading assets: believe it or not, diversifying your investment portfolio is the best way to be financially free. Choose a broker that would enable you to trade different gold bullion or financial assets. For instance, you should be able to trade gold and at the same time dip your feet in cryptocurrencies or stocks.

Price and fees: another significant consideration is the fees charged by the broker. If the fee is on the high side, it will take a toll on your profit, and you would not have much to take home.

If you can check the boxes in all the areas of above, you are well on your way to the top.

Why is gold a wise investment choice?

Are you wondering why you should invest in gold? Then you are not alone. There are thousands, if not millions, of gold enthusiasts that are seeking answers to this question too.

These are a few of the reasons why gold is considered a wise investment choice, among other reasons:

The value of gold is usually determined every day of the week, but the market. This makes investment in gold very lucrative.

There is also the issue of market instability due to factors like political unrest and interest rates. Investing in gold is immune to all of these.

Another reason why gold is considered a wise investment decision is the fact that gold serves as a hedge against inflation. Inflation can affect the money you keep in the bank, but when you use that same money to buy gold, the value remains untouched whether there is inflation in the land or not.

Gold trades are bass on current market sentiments, which means buying gold has the potential to increase your trading capital.

Pros and cons for trading gold online

This section will explain the benefits and drawbacks of investing in gold. Let’s start with the benefits of investing in gold first:

Top 10 forex brokers

You will be in very safe hands if you decide to place forex trades at any of our showcased top 10 forex brokers listed below. You will find each forex brokers most popular currency trades along with other valuable information that will allow you to make your own informed decision on which forex broker you should be utilizing the services of. Visit https://www.Tradersbible.Com/forex/brokers for up to date list of forex brokers and trading platforms for this year.

List of top 10 forex sites for 2021

Bonus: 100%
deposit: $50
payout %: 97%

Bonus: $5000
deposit: $5
payout %: 85%

Bonus: $10000
deposit: $100
payout %: 90%

Licensed forex brokers

When it comes to you having an unsurpassed online or mobile forex trading experience, you are strongly advised to only ever sign up to and make use of the trading platforms and trading apps that are available at fully licensed and regulated forex brokers sites.

Over the years many countries of the world have chosen to regulate the forex trading environment, and as such it shouldn’t prove to be too difficult for you to locate a forex brokers site or app at which to place your trades at, and one that is licensed in and welcome traders from your own country of residence.

One mistake many first time and inexperienced forex brokers will make, is to be lured into signing up to a forex trading site or app based purely on the size and value of their sign-up welcome bonuses.

How to forex trade

There is much more to picking out a first-class forex brokers site other than just bonuses and in this guide you are going to find out just what you should be looking or and demanding from any trading site or app you do come across, so please do read on and make sure you only ever trade at the very best and more importantly licensed and regulated forex brokers.

Popular forex trade types

As you become more well versed at placing the most basic types of forex related trades, you may then get the urge to chance your arm so to speak on some of the much more unique trading markets and below you will find three that are certainly going to be worth checking out.

Double one-touch forex trades – what you will often find when placing a double one touch forex trade is that the returns possible will be much higher than most other types of trades, so the rewards and profits and gains are there for the taking if you place such forex trades.

Double no-touch forex trades – another potentially very high paying type of forex trade that I would encourage you to learn more about, are double no touch trades, those types of trades can be difficult to master placing, but once you do master them you will always want to place them for sure.

60 seconds forex trades – you will have just one minute exactly to end up placing a winning 60 seconds forex trade for as soon as you make them live and place one of them the way that you predicted one currency to move in value against another must occur within those 60 seconds.

Top 10 forex trading options

Forex trading is of course going to take you a little bit of time to get used to, and with that in mind what I would like to do in this next section on my forex trading guide is to take a look at some of the most popular types of forex traders that many traders do tend to place regularly.

As you will see by the lust below there are never going to be a shortage of forex related trades that you are going to be able to place and do keep in mind there can be and will be some huge profits that can be made on any type of forex trade you decide to place too.

Trading EUR/USD

GBP/USD pairings

USD/CAD trades

Forex USD/CHF options

Trading USD/JPY

AUD/USD pairings

Currency pairings

Cryptocurrency trades

Bitcoin trading

BIT/USD options

The only way that you are going to become an experienced forex trade is of course by you placing lots of different trades, so how about trying out any of the above trading options but at no risk first, and that will be simple to do for all that you will need to do is to open a demo trading account at any of our featured forex and binary options brokers sites or apps.

Forex trader bonuses

When you take a look at any forex brokers website, what you are going to very quickly notice is that a sign up welcome bonus offer will be made available to you as an added incentive for you to register as a new client of that site and then go on to make a deposit.

However, the deposit match bonuses and for that matter any other type of bonus that will be on offer to you at any brokers site will always come with their own unique set of terms and conditions, and you will be best advised to read them through in full.

By doing so you will then be able to make a much more informed and well-balanced decision as to whether claiming such a bonus is going to be worth the time and effort required to claim them and achieve any play through requirements associated with them.

I am happy to let you know however, that when it comes to the most transparent and fair and reasonable bonus terms and conditions, those offered by each of our featured and licensed forex brokers sites are up there with the best of them, and as such they are bonuses that are well worth claiming for sure.

Recommended forex trading site

Banc de binary – at banc de binary you are able to make currency trades from as little as just 1.00 the maximum limit in place for any one single currency trade option at banc de binary is 3000.00. You could make a maximum profit of 91% at banc de binary. You are able to fund your currency trading account with as little as 250.00banc de binary forex trade types: GBP/USD – USD/CHF – EUR/GBP – EUR/JPY – EUR/CHF

High trading limit

Ubinary – you can be currency trading at ubinary with forex trades starting at just 20.00 and the maximum single trade limit at ubinary is 5000.00. The maximum percentage profit you can expect to make at ubinary is 85%. The minimum deposit amount you can make at ubinary is 100.00.Ubinary forex trade types: USD/JPY – GBP/USD – AUD/USD – USD/CAD – NZD/USD

Variable purchase limits

Anyoption – at anyoption you can trade binary options from as for variable amounts the maximum limit in place for any one single currency trade option at anyoption also varies. You could make a maximum profit of 80% at anyoption. You are able to fund your currency trading account with as little as 200.00anyoption forex trade types: EUR/JPY – EUR/CHF – AUD/USD – USD/CAD – NZD/USD

Low purchase limit

Traderush – you can be currency trading at traderush with forex trades starting at just10.00 and the maximum single trade limit at traderush is 5000.00. The maximum percentage profit you can expect to make at traderush is 81%. The minimum deposit amount you can make at traderush is 200.00.Traderush forex trade types: EUR/USD – USD/JPY – GBP/USD – USD/CHF – EUR/JPY – EUR/CHF

Banc de swiss – you can be currency trading at banc de swiss with forex trades starting at just25.00 and the maximum single trade limit at banc de swiss is 1500.00. The maximum percentage profit you can expect to make at banc de swiss is 75%. The minimum deposit amount you can make at banc de swiss is of 100.00.Banc de swiss forex trade types: EUR/USD – USD/JPY – GBP/USD – USD/CHF – EUR/GBP – EUR/JPY

Tradequicker – at tradequicker you are able to make currency trades from as little as just 25.00 the maximum limit in place for any one single currency trade option at tradequicker is 2500.00. You could make a maximum profit of 88% at tradequicker. You are able to fund your currency trading account with as little as 300.00tradequicker forex trade types: EUR/GBP – EUR/JPY – EUR/CHF – AUD/USD – USD/CAD – NZD/USD

Top forex trading site

Topoption – at topoption you are able to make currency trades from as little as just 5.00 the maximum limit in place for any one single currency trade option at topoption varies in value. You could make a maximum profit of 85% at topoption. You are able to fund your currency trading account with as little as 100.00topoption forex trade types: EUR/USD – USD/JPY – GBP/USD – USD/CHF – EUR/GBP

Eztrader – you can be currency trading at eztrader with forex trades starting at just25.00 and the maximum single trade limit at eztrader is 3000.00. The maximum percentage profit you can expect to make at eztrader is a 95%. The minimum deposit amount you can make at eztrader is 200.00.Eztrader forex trade types: EUR/JPY – EUR/CHF – AUD/USD – USD/CAD – NZD/USD

Featured forex trading site

24option – at 24option you are able to trade CFD’s on currencies from as little as just 24.00, while the maximum limit in place for any one single CFD trade on currencies at option at 24option varies depending on types of trading accounts. While trading CFD’s on currencies you could either make a possible pay-out of up to 88% per successful trade or you will lose your invested capital. You are able to fund your currency trading account with as little as 250.00. 24option forex trade types: EUR/USD – USD/JPY – AUD/USD – USD/CAD – NZD/USD

Magnum options – you can be currency trading at magnum options with forex trades starting at just5.00 and the maximum single trade limit at magnum options is 5000.00. The maximum percentage profit you can expect to make at magnum options is 85%. The minimum deposit amount you can make at magnum options is 200.00.Magnum options forex trade types: USD/JPY – GBP/USD – AUD/USD – USD/CAD – NZD/USD

Resources

The best way for you to get an understanding of just which two currencies to pair together in any trade is by knowing just what can and does affect the value of any currency of the world based on a range of different factors.

There can be many different financial indicators that are going to give you some insight into just when one currency could soar in value against another, and as such do try and do plenty of researching into those key market indicators as by doing so you will get to know when a currency may just rise or fall in value.

The above video however is going to be of great interest to any of you out there that have yet to start trading forex online or even for that matter when using a forex trading app of which there are quite a lot of them available these days.

But as mentioned up above you would be best advised to either open a demo forex trading account pithily and place some no risk trader to get used to trading forex or possibly just set about placing small valued traders initially instead to reduce the risks to your trading budget.

Frequently asked questions

The length of time that you will be able to have a forex related trade live and in place for is all dependent on just which types of trades you go on to place and where you have chosen to place a forex related trade too.

You will find that you can place for example some very short term trades that could last as short as just 60 seconds, however of those of you out there that are looking for some much longer term forex related trading opportunities there will always be plenty of them available too.

There is no need for you to have to buy one currency with another and then wait any amount of time to then sell back the currency you bought and turn it back into your original currency when placing a forex trade.

That is one of the main reasons why more and more traders are placing forex related trades for all that you are going to be doing when placing them is predicting whether one currency will rise or fall against the value of another currency.

One final question that I do know may of you out there will be very eager to discover the answer to, is regarding just how much you will have to place on any forex related trades that you fancy placing, and that is in fact a very good question.

However, what I am pleased to let you know is that all brokers sites and apps will be offering you the chance of placing some very low and modest trades, whilst they do also cater for high stake traders too, so you can always place traders of any value that will suit you and your trading budget perfectly.

Top 10 best gold trading forex brokers for 2021

Top rated:

Today, the search for a haven against inflation and protection against imminent losses in other investments like commodities, bonds, and stocks, has made the prices of gold to skyrocket.

Otherwise, keep reading as we review the top 10 best gold trading forex brokers on the market.

Top 10 best forex brokers for trading gold

1. Hotforex

The minimum deposit requirement by hot forex platform is pegged at $5. This is decent enough for everyone to start making money off the gold market.

2. IG markets

3. Etoro

4. Admiral markets

Once you have opened a trading account on the admiral markets platform, you need to fund your trading account with a minimum of $100 before you can start trading.

5. Forex.Com

6. Avatrade

7. City index

8. CMC markets

9. FBS

Once you have opened a trading account on the admiral markets platform, you need to fund your trading account with a minimum of $1 before you can start trading.

10. Plus500

Comparison among best gold forex brokers

Find below a comparison table showing the differences and similarities of each of the 10 gold forex brokers.

Brokers	gold CFD	gold spot	gold future contract	gold etfs	gold shares
hotforex	yes	no	no	yes	no
IG markets	yes	yes	yes	yes	yes
etoro	yes	no	no	yes	no
admiral markets	yes	no	yes	yes	no
forex.Com	yes	yes	no	yes	no
avatrade	yes	no	yes	yes	no
city index	yes	no	yes	no	no
CMC markets	yes	no	no	yes	no
FBS	no	yes	no	no	no
plus500	yes	no	yes	yes	no

Ways to trade gold: types of gold assets

There are 7 types of gold assets. Find below the types of gold assets and a brief explanation for each.

Real gold

Gold spot

Gold as CFD

Gold as future contract

These are contracts terms on which you can trade gold. Under gold futures, the contract terms are stipulated in the present but are valid until a predetermined date in the future.

Gold options

Gold etfs

Exchange-traded notes (etns)

Closed-end funds (cefs)

Exchange-traded funds (etfs)

Gold industry shares

In other words, the value of these shares largely depends on the present price gold at any point in time.

How to choose a broker for trading gold

Reputation and experience: you don’t want to trade with a broker that is not reputable or that just launched its trading platform yesterday. The first thing to check in any broker you are interested in is their reputation and experience. Ensure their team members have a proven track record of achieving success in the gold market. Go through their website to read customers’ testimonies and also read review sites about them. If all the indicators are positive, then you won’t make a mistake.

Multiple trading assets: believe it or not, diversifying your investment portfolio is the best way to be financially free. Choose a broker that would enable you to trade different gold bullion or financial assets. For instance, you should be able to trade gold and at the same time dip your feet in cryptocurrencies or stocks.

Price and fees: another significant consideration is the fees charged by the broker. If the fee is on the high side, it will take a toll on your profit, and you would not have much to take home.

If you can check the boxes in all the areas of above, you are well on your way to the top.

Why is gold a wise investment choice?

Are you wondering why you should invest in gold? Then you are not alone. There are thousands, if not millions, of gold enthusiasts that are seeking answers to this question too.

These are a few of the reasons why gold is considered a wise investment choice, among other reasons:

The value of gold is usually determined every day of the week, but the market. This makes investment in gold very lucrative.

There is also the issue of market instability due to factors like political unrest and interest rates. Investing in gold is immune to all of these.

Another reason why gold is considered a wise investment decision is the fact that gold serves as a hedge against inflation. Inflation can affect the money you keep in the bank, but when you use that same money to buy gold, the value remains untouched whether there is inflation in the land or not.

Gold trades are bass on current market sentiments, which means buying gold has the potential to increase your trading capital.

Pros and cons for trading gold online

This section will explain the benefits and drawbacks of investing in gold. Let’s start with the benefits of investing in gold first:

Top 10 online brokers for forex trading

The pioneer of social trading is now offering an exclusive opportunity for investors who want exposure to the most popular cryptocurrencies like bitcoin, dash, ethereum and more. Trade crypto 24/7 at etoro with no rollover fees!

World's leading social trading platform

Proven track record of security

Unlimited daily withdrawals

Min. Deposit of $200 to get started

Easymarkets was formed by bankers and forex experts and has been serving the forex market for 18 years, with transparent pricing, fixed spreads and no commissions on deposits or withdrawals.

Demo account is unlimited

Trade cfds with no slippage - ever!

No commissions or sneaky fees

Pepperstone has won numerous industry awards for innovation and excellence in CFD brokerage. Pepperstone is an australian-based online ECN forex broker with some of the industries lowest spreads.

Award winning CFD broker

No deposit or withdrawal fees

Fee-free funding options

T&C's apply to each of the offers above, click "visit site" for more details.

Risk warning: users should be aware that all investment markets carry inherent risks, and past performance does not assure future results. Trading of any kind is a high-risk activity, and you could lose more than you initially deposited. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 73-89% of retail investor accounts lose money when trading cfds. Please be sure you thoroughly understand the risks involved and do not invest money you cannot afford to lose. Your capital is at risk. Advertiser disclosure: topbrokers.Trade is an independent professional comparison site funded by referral fees. The compensation topbrokers.Trade receives is derived from the companies and advertisements featured on the site. Due to this compensation, we can provide our users with a free comparison tool. Unfortunately we are unable to list every broker or exchange available, however, we do our best to review as many as possible.

With markets.Com get ZERO commission trading on stock, index, currency and commodity cfds with one of the most sophisticated trading platforms in the industry.

Easymarkets was formed by bankers and forex experts and has been serving the forex market for 18 years, with transparent pricing, fixed spreads and no commissions on deposits or withdrawals.

The beginner’s guide to forex trading

Forex trading is when you speculate about the price of one currency against another currency. For example, if you think that the euro will rise against the US dollar, then you can purchase the EUR/USD currency pair at a low price and then, hopefully, you can sell it at a higher price and make a profit. If you buy the euro against the dollar (EUR/USD), and the dollar strengthens, then you’ll be in a losing position.

There are different factors that influence forex prices. These factors include interest rates, inflation, employment figures, government policy, and the demand for imports and exports.

Because of the volume of currency traders and the amount of money that is exchanged in forex trading, the price movements can happen very quickly. Therefore, while there are many currency trading opportunities, forex trading is incredibly volatile.

How to choose an online broker for forex trading

Since there are hundreds of different forex brokers available, the choice can be overwhelming. Your money’s security is the most important concern when getting involved in forex trading. You should be able to withdraw your money whenever you want to.

Consider your tech needs and trading style

Beginners to forex trading may not plan to trade as frequently s others. In this case, you should try to avoid the brokers that charge a fee for inactivity if you do not meet a specific minimum number of trades per month, quarter or year. You should look for the brokers that offer the types of investments that you want for forex trading at the most feasible price. At this stage, you probably will not need all the extras, such as an advanced trading platform.

On the other hand, active traders will want an online trader that supports that amount of frequency. This includes weighing the trading platforms of a broker, analysis tools, data and research offerings as well as commissions, and fees.

Because there’s so much competition in the forex (FX) market as well as having countless brokers to choose from, it can be difficult to know which online FX broker will be best for you. Beginners have different needs than more advanced traders, so these are a few key points we suggest keeping in mind when making your decision:

Regulation

Each country has its own regulatory body such as the financial conduct authority (FCA), in the UK. The regulatory body develops rules, services and programs to protect the integrity of the market, traders, and investors as well as the brokers themselves, and to help members meet regulatory responsibilities. Due to potential safety concerns regarding deposit, accounts should exclusively be opened with firms that are regulated.

Customer service

Online FX trading takes place 24 hrs a day, so customer support should be available at all times. Ideally, you will want to speak with a live support person rather than a time-consuming auto-attendant. Give a quick call to the customer service centre to get an idea of the type of customer service provided. Check on wait times and find out the representative’s ability to answer questions regarding spreads and leverage, their trade volume, as well as company details.

Account types

Your ideal FX broker should be able to offer either multiple account options or an element of customizability. Look for an online forex broker that offers competitive spreads and easy deposits/withdrawals. Find out if there are account options specifically for beginners and if so what that account offers to benefit new traders.

Currency pairs

An online forex broker can provide a huge selection of forex pairs. However, it is most important is that they provide the variety of pairs that interest you. While there are many currencies available for trading, there are only a few get the majority of the attention, and as the result, trade with the highest liquidity.

Tradeable assets

While selecting the best FX trading broker for you, it’s possible just to concentrate on forex trading. However, you should keep in mind there are many types of investment alternatives offered as well, such as bitcoin and other popular cryptocurrencies, stocks, cfds, etfs, or trading in options or futures.

Platform type

The trading platform is the investor’s portal to the markets. So with that in mind, look for a platform that is easy to use, straightforward and offers an advanced collection of analytical and technical and tools, to enhance your trading experience.

For more information, please see our tutorial: what is forex?

So, let's see, what was the most valuable thing of this article: fxdailyreport.Com forex trading offers an opportunity to earn some additional income. If you are planning to try it out, you should learn the basics of currency trading. Though there is much at top 10 forex trading brokers