Broker for trading

Are you looking for the best forex brokers for trading news because you want to be ready to act fast when important economic or political events shake up the market?

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Top 10 Best Forex Brokers For Trading News for 2021, broker for trading.

Hotforex is the best option for those who just want small bites of information and are not too interested in in-depth overall analysis. Throughout the day, hotforex is excellent at releasing this information quickly and efficiently, often only minutes apart from one another. By doing this, hotforex perhaps covers more news than most of their competitors. When you add in the low minimum deposit to get started at just $5 for a micro account, you can see why hotforex makes a great choice for new traders.

Top 10 best forex brokers for trading news for 2021

Top rated:

Are you looking for the best forex brokers for trading news because you want to be ready to act fast when important economic or political events shake up the market?

If staying informed is important for you when picking your next broker, there are several things to look out for, such as an up to date economic calendar, rolling news coverage, analytical reports, and educational materials.

A great forex broker should have the perfect combination of these tools and, more importantly, offer an excellent service that fits in with your trading style.

Top 10 best forex brokers for trading news 2021

1. IC markets

IC markets tops our list for the best trading news of 2021 with excellent resources on hand for their traders. Like many brokers, IC markets offers an economic calendar, however, their calendar stands out for being intricately detailed, allowing traders to click on events for more information and look at performance from the week before. On top of that, IC markets releases rolling economic news throughout the day via several providers and has a top-rated blog for further analysis.

When all things are considered, IC markets is an excellent broker if you are trying to trade the news as it happens. Given the lightning fast ECN execution that is also facilitated, there is no surprise that IC markets is a very popular choice among scalpers. Add to that the fact that spreads here can start from the very bottom at 0 pips, and there is no minimum deposit in place making the broker accessible to all, and you can start to see why IC markets makes its way right to the top of the list.

2. Pepperstone

With pepperstone, traders can benefit from tonnes of market reviews, as well as company news and company press releases. All news comes from pepperstone themselves and comes with excellent analysis that can help traders prepare for the short term and long term. However, perhaps the most interesting news pepperstone offers is its informative videos where they discuss the trading strategies used by market experts, such as kathy lien.

Along with this great availability of up to date news and research, traders can find the reasonable minimum deposit amount of $200 to be appealing when considered alongside the fast ECN execution that the broker has to offer. There is something for everyone here with social trading features available too. The spread at pepperstone is another much talked about great value point and starts from 0 pips with a very rewarding active trader program also in place.

3. XTB

XTB releases a wealth of economic news every day as events come, some of which is only available to those who have an account with them, and all are written by XTB themselves. XTB are also prompt in their press releases to their traders and their newsfeed is also available on their mobile app. Currently, they are also offering a free guide for scalping the DAX along with 10 videos.

Besides the wealth of prompt and informative news alerts available, traders are further attracted by the fact XTB do not impose a minimum deposit amount. This is perfect for new traders. There is also a huge wealth of assets to choose to trade in. This number reaches 1,500 assets in total, 48 of which are forex currency pairs with a really great and low spread from 0.1 pips. If you are into crypto trading, they are also a top crypto forex broker, offering a range of 25 markets.

4. Admiral markets

Admiral markets has an excellent trading blog and provides a good variety of trading news stories. Admiral markets’ economic calendar is also a great tool, offering a variety of filter options and highlights the potential impact of each event. Every year admiral markets does an overall market review, highlighting key areas traders should watch as the year progresses. Added to that, the broker works hard to keep the costs of trading as low as possible. This is something that makes them very popular with new traders and scalping traders alike.

With over 4,000 assets available to trade on two account types, the standard, and prime, you are also never without choice at admiral markets. All of this for a low minimum deposit of just $100 is great for attracting and retaining traders. Their education section too which is stacked full of useful material and information will ensure you always learn and grow as a forex trader here.

5. Etoro

Etoro is perhaps the best known social and copy trading broker in the world, and among the best known of any kind of broker. They do very well in covering the latest developments in news too. They have a dedicated section of their user-friendly platform for covering the latest events, news, and more in depth reporting analysis of many companies conducted by their team of industry experts. Etoro is a top place and broker to trade stock news in particular with. You can even buy fractional stocks here from $50 making it ideal for new traders.

Many are attracted too beyond the brand name by a very solid image, excellent infrastructure and reputation, and a good value minimum deposit starting from $200 for access to one of the most intuitive, easy to use platforms in the sector. If you are just getting started, there is also an unlimited demo account to test your skills.

6. Fxpro

Fxpro is also a great choice for trading news offering in-depth analysis throughout most of the week. Fxpro stands out for exceptional coverage on crypto markets and for covering topics such as psychology. You also do not need to trade with fxpro to get updates from them, if you want to you can simply just subscribe to their daily digest and receive it via email. This is just one of the reasons why they are an award-winning choice and considered one of the best in the industry.

A $100 minimum deposit also means that fxpro has a tag of being very easily accessible to all levels of trader. While you are here, you can also avail of either fixed or variable spreads through the trusted MT4 trading platform with eas allowed if you are more experienced and interested in some algorithmic trading strategies.

XM covers a very wide selection of areas, with news specifically for commodities, indices, cryptocurrency for example, as well as technical analysis. XM’s research team is also highly professional, all specialising in different areas of trading and releasing special reports. XM’s economic calendar is also very useful and even highlights expected volatility. Together with this extensive level of detail, you can also have access to the broker for trading with as little as a $5 minimum deposit making it just perfect for new traders.

Bolstering their reputation as a top choice broker for beginners and experienced traders alike is the fact that they have a well stocked educational section to help you continue your trading journey, and an unlimited demo account allowing you a no-risk start. The trading costs and spreads are excellent too with these starting from 0 pips, and a zero spread trading account available with just a $100 minimum deposit.

8. Hotforex

Beyond that, they are well known to provide fast, effective order execution and a broad range of account types that can suit all kinds and levels of traders. They have 6 account types in total to choose from and this even includes their own copy trading service , and a dedicated stock investment account from a $10,000 minimum deposit, so clearly they have covered every base.

9. Roboforex

In roboforex’s forex analysis & forecasts section, traders will find a treasure trove of economic analyses published throughout the day. Often each article is short and concise without being vague, allowing traders to quickly get a hold of the information they need and decide how to act. Roboforex also has an informative economic calendar and publishes webinars too. This should still provide ample information for you to remain well informed about your trades.

The broker has become very popular among a wide range of forex traders beyond trading news too due to their low costs and easy minimum deposit of just $10. They boast very great value spreads from 0 pips through the ECN accounts that are available with top executions speeds. They also have great value rebates worldwide, and a host of bonuses to traders outside the EU that has seen them become a top broker choice.

10. LCG

While LCG, founded in 1996, doesn’t produce as much content as some of its rivals, its news stories are well researched and highly informative. LCG also publishes analysis videos that cover a range of different topics and highlight specific economic and political events to look out for throughout the week, which can affect volatility. LCG also hosts regular webinars by industry experts. They are well known as a top ECN/STP broker with excellent execution speeds when it comes to trading though they are aimed at the more experienced trader.

If you can make the $10,000 minimum deposit though, LCG can be a great place to trade. They offer an extensive range of market choice including in bonds, interest rates, etfs, and vanilla options. In fact, they have a massive catalogue of more than 7,000 available assets. Great value trading is offered too, with forex spreads starting at 0 pips.

Is trading news risky?

Deciding if trading the news is risky, is something that only you can decide, though it is something that everyone looks out for, and a very popular time to trade markets regardless of if the news is good or bad. When news is released, one thing that is certain is the markets will be volatile and move in either direction during the news.

If you can interpret the news and direction of the market, then you could be left in a very good position. Just be careful because a misinterpretation could be costly, and be mindful that due to the volatility, spreads may be higher, and the possibility of slippage does exist.

Important forex broker news trading characteristics

Guaranteed execution of pending orders: A pending order when you ask the broker to open your position only at a certain time and/or conditions. During moments of high volatility, the broker’s servers may not be efficient enough to process your order. So it’s important that the broker’s servers are fast enough.

Low spreads: during these moments of high volatility, spreads may be wider than normal. This means that you will pay more money to open a position regarding an asset that is suffering or benefiting from a news.

No requotes: A requote happens when the price you asked for is not available, so the broker opens a position with the closest available price you have asked for. Forex brokers with a good pool of liquidity providers can usually avoid this issue.

How to trade news in the stock market

With stocks there are 4 type of news you should look for:

Earnings reports: earning reports are published periodically. When the company meets their earning expectation for the quarter (or does even better than expected), stock prices usually raise and vice-versa

Economic news: when a company acquires a competitor, or when it invests money into something. A company investing is, usually, a good sign.

Non-economic news: something regarding the company that may scare the investors, for example the cambridge-analytica scandal that involved facebook. This type of news is one the most traded, because it doesn’t hit the “value” of a company, but hits the emotional side of the investors.

Geopolitical news: not related specifically to a company. When news is negative, the markets may suffer. For example a middle east crisis, tensions among 2 or more countries, pandemics, etc.

Pros and cons in trading news

Of course, like everything else in the sector and forex trading world, there are good and bad points to come if you decide to trade the news.

Trading the news can bring around great opportunities to enter the market just before a major move.

Trading the news is something that can reward your study and knowledge if you follow the news on the industry. You can be prepared to make your move.

Trading during these times is to trade during periods of high volatility. That in itself brings around an increased risk for you.

During these times, the markets will tend to be more volatile, and with that, spreads can go higher than usual.

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Till about a decade ago, you had to make use of the telephone if you wanted to invest in the financial markets. You had to call up your broker for placing as well as closing orders. Introduction of online trading has, however, simplified every aspect of the investment process. You can carry out trades from the convenience of your home or on-the-go using the platform provided by brokers. Sounds simple, but the problem is there are umpteen number of forex brokers that offer trading platforms out there in the market. And, you need to work with the best forex broker if you want to achieve your financial goals. So, it all boils down to identifying the right broker to work with and it is definitely not an easy task. Read on to find out as to how you can identify the best forex brokers. In this post, various aspects you need to take into consideration when choosing a forex broker are discussed in detail so that the selection process becomes simpler and easier for you.

Top recommended and the best forex brokers for 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
min deposit: $100 spread: starting 0 pips leverage: up to 500:1 regulation: FCA UK, ASIC australia, MAS singapore	visit broker
min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS	30% forex deposit bonus	visit broker
min deposit: $250 spread: as low as 0.1 pips leverage: up to 400:1 regulation: ASIC australia and FCA UK	visit broker
min deposit: €100 spread: the spread can be as low as 0.01%” (0.01% = spread for EUR/USD) leverage: 1:294 regulation: ASIC, cysec, FCA (UK)	visit broker
min deposit: $100 spread: starting from 0.9 pips leverage: 400:1 regulation: MIFID, FSB & ASIC	visit broker

Risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Main parameters to be checked for identifying the best forex brokers:

#1: regulations and licenses

It is highly recommended that you choose only forex brokers that are regulated or authorized by leading regulatory bodies such as commodity futures trading commission (CFTC), national futures association (NFA) and financial conduct authority (FCA in UK), among many others. This is because regulated brokers are more reliable than their non-regulated counterparts. Further, your hard earned money remains safe with such brokers for two reasons: they will be appropriately capitalized and they maintain segregated accounts for theirs as well as traders’ funds.

#2: forex trading platform

The online trading platforms that recommended forex brokers provide would not only be simple, but also intuitive and easy to operate or navigate. It, therefore, makes sense to try out a few online forex platforms and see for yourself as to which one has a better user interface and is easily navigable.

#3: customer support services

Customer support is a key aspect that you need to evaluate. Best fx brokers would often be aware of the needs of the traders and provide good, efficient and responsive customer support services. During the course of trading forex on an online broker’s platform, there will be times when you need certain time sensitive clarifications. If the customer support service of the broker you are planning to work with is not good enough, you could end up losing money. It is, therefore, recommended that you evaluate the brokers’ customer support service both by speaking to their representatives on telephone and by communicating with them through email.

Leverage offered for forex trading varies from one broker to another. If the leverage is high, the trader can make more profits. However, the risk of accumulating losses is also equally higher. Therefore, you should choose a broker that offers leverage suiting to your needs and based on your style of trading.

Brokers often try to attract you by offering high capital bonuses when you make your first deposit. This is good because you get more money for trading. You can choose the broker that offers the highest first deposit bonus, but you should make sure other aspects discussed above and those that are discussed below suit your needs.

#6: deposits and withdrawals

It is important that you understand the brokers’ policies related to deposits and withdrawals. The features to be evaluated when choosing top forex brokers are minimum amount to be deposited to start trading, deposit methods offered, currency options provided, minimum withdrawal amount specified and waiting time for withdrawals, among others. Further, it makes sense to go through all other written policies in detail.

Brokers make money by charging a fee for each of the trading transactions that you execute on the forex trading platform provided by them. As far as the broker and you are concerned, the significant source of revenue would be the spread, the difference between ask and bid prices. It pays, therefore, to check as to how the brokers you have shortlisted handle spreads:

Do they offer fixed or variable spreads?
What is the average and maximum spread for the currency pairs that you are planning to trade?
What spreads are offered when the volatility is very high?
Do you have to pay any commission for each trade apart from the spread?

Before buying a car, you always go for a test drive. Similarly, look for forex brokers that offer demo accounts. This helps you to open a practice account. You can try out their platform and find out for yourself as to which of the shortlisted brokers is best suited to your requirements. Most brokers offer practice accounts these days. So, it is easy for you to get a feel of the brokers’ platform before committing to depositing money and trading.

#9: other parameters for identifying the best forex brokers

The forex brokerages that offer very low account minimums can be considered for evaluation under the category “best forex brokers”. This is good because you don’t have to deposit large amounts of money in order to trade forex. Minimum account balance can be as low as $5 in the case of some of the reliable forex brokers.

Online forex brokers often try to snatch business through promotions. Do not fall prey to their sales gimmicks. Best forex brokers would never make unbelievable and unachievable promotional offers. It is true that cash and prizes form part of the game, but they should be reasonable.

Another aspect to look for when evaluating online forex brokers is the educational services offered by them. This helps you to master the art of forex trading. Brokers that provide you with a variety of educational tools for assisting you in assessing the forex market are the best forex brokers to work with.

Why expert traders trade with regulated forex brokers

If you’re looking to become a successful forex trader, then working with a skilled and trustworthy broker is very crucial. In the forex market, the two main types of brokers you’ll get include the regulated and the non-regulated brokers. Obviously, the former typically operates under regulations stipulated by a forex regulator. Regulated forex brokers must also be fully licensed and registered in their country of operation, unlike their non-regulated counterparts.

Role of regulation

Of course, the role of regulation in forex market cannot be underestimated. Regulation ensures that all players in this booming industry are strictly supervised. This way, merchants are protected from the many unscrupulous traders out there looking to swindle them off their hard earned money. Another thing, regulation also builds trust between merchants and their brokers, since most merchants don’t have enough time to monitor every investment.
Let’s take a quick look at some of the leading regulatory agencies:

CFTC and NFA: commodity futures trading commission and national futures association, regulate the financial services sector in united states of america (USA).

Cysec: the cyprus securities and exchange commission is the regulatory watchdog within the cysec domain. It offers services to the EU member states.

FCA: the financial conduct authority regulates the operations of over 56,000 financial services and companies in the UK.

ASIC: the australian securities and investment commission regulate the financial services sector in australia.

FSB: the financial services board is a south african agency which oversees functioning, regulation, and licensing of south african forex brokers.

Bafin: bafin is a financial supervisory authority providing its services to forex companies in germany.

Advantages of regulated forex brokers

With regulated brokers, you’ll always have some peace of mind when carrying out your real-money transactions. To expound more, here are the main reasons why expert traders prefer regulated brokers:

1. Credibility

It’s an open secret that most of us like to deal with trusted organizations, especially when money is involved. That being said, the credibility of any forex broker is greatly enhanced if the company is regulated by the relevant agencies. Remember that all regulated forex brokers are mandated to follow some strict rules put in place by their respective regulatory bodies. Furthermore, their regulatory bodies expect them to regularly present a copy of their audit report. Therefore, if a broker is listed on its regulatory body list, then it’s safe to say that the forex broker has fully complied.

2. Compensation

Getting compensated in case of any unfortunate scenario is arguably the best reason why most expert traders opt for regulated brokers. With most regulated brokers, you can rest assured that all your hard earned money will be refunded in case your brokerage firm goes down. For example, brokers operating under cysec are required to remit their contribution to the ICF (investor compensation fund). This pool of funds is to help settle any form of customer claims in case of any eventuality.

3. Effective customer service

Before choosing a forex broker, it’s always recommended that you settle for one who can effectively and immediately resolve all customer issues. In this case, most regulated brokers are always competent enough when dealing with technical support or account issues. In addition, they are very helpful and kind during the whole account opening process.

4. Quick deposits and withdrawals

Any reputable forex broker will allow their merchants to make deposits and withdrawals without any hassle. A regulated broker should have no reason whatsoever to make your earnings process difficult because they don’t have control over your funds. All they have to do is to facilitate the platform to make it convenient enough for you to trade.

5. Updated trading platform

Most regulated brokers are mandated by their respective regulatory authorities to provide their clients with the latest, powerful, and easy-to-use trading platforms. In fact, most of their platforms will readily provide you with all that you need to begin trading immediately. You’ll get a lot of educational materials including webinars, videos, articles, seminars, and e-courses at no extra charge. It goes without saying that regulated brokers also offer their clients free demo accounts to help them sharpen their skills before going live.

6. Legality

All over the world, governments are struggling to deal with issues concerning money laundering. Some of them have even gone ahead to pass very strict anti-money laundering laws. So to be on the safe side, you should always trade with a regulated broker. Most regulated forex brokers will ask you to provide some of your personal identification documents such as proof of address and photo ID. This might sound tedious to you but it’s always safe to be part of a regulated organization that can prove your money is being used in a legal way.

To sum it up, regulated forex brokers are always the best as well as the safest option to trade with. This is because they are always ahead in terms of legality, security, and safety of your funds. All in all, you can manage your risks better if you opt for a regulated forex broker.

Understanding true ECN vs STP broker

The foreign exchange market, also known as currency market, is a universal decentralized market that provides traders an opportunity to trade currencies. It is a market which incorporates all aspects of buying, selling, and exchanging currencies at the present-day or determined rates.

There are different kinds of forex brokers that you can choose to trade forex with. However, though all the brokers in forex are intended to provide a similar basic solution, the way they operate behind the scenes is different. Different types of brokers have varying techniques of operation, and the specific broker you cooperate with can significantly determine your success rate as a forex trader. Here are some crucial factors that will enable you determine which broker between a true ECN and STP broker is the best one to trade forex with:

Understanding true ECN vs STP broker

True ECN i.E. Electronic communications network brokers operate without their individual dealing desk. These brokers provide an electronic trading platform where professional market makers at monetary organizations such as banks, and other online trading participants including traders can enter bids and offers through their particular systems.

STP i.E. Straight through processing brokers are brokers without a dealing desk also. These brokers apply some of the techniques utilized by market makers to provide their particular clients with trading conditions which are more flexible. By STP brokers hiring some of the tactics of market makers, they are able to bypass the limitations connected to trading exclusively within the interbank market.

General overview of true ECN and STP brokers

Use of scalping techniques

True ECN and STP forex brokers do not care about how much their particular traders make. Therefore, these types of brokers allow traders to utilize scalping techniques to close their respective positions. Note that false ECN and STP brokers cannot allow you to use scalping techniques as a trader since they will be disadvantaged anytime you make small profits.

True ECN and STP brokers are types of forex brokers without a say when it comes to control on spread provided. These brokers have no control on spread offered since it’s the liquidity provider that determines the spread which is to be provided.

Though true ECN and STP brokers can add markups when necessary, they cannot in any way take it further down than the amount provided.

Difference between true ECN and STP brokers

Commission charged

On true ECN accounts, as a trader you will be required to pay a fixed commission to open and close trades. The spreads offered on true ECN accounts are determined by the rates of liquidity providers.

When using STP accounts as a trader, you will not be required to pay any commissions.

Pros of trading forex with a true STP broker

Cannot bankrupt themselves

True ECN brokers cannot trade against their specific clients to bankrupts themselves.

Similar price rates

If you are a forex trader, trading with a true ECN broker means you are guaranteed of price rates that are similar to those of the interbank market.

Negative balance protection

As a trader utilizing the trading account of a true ECN broker, the broker will be accountable for any dues with liquidity providers should your account read negative as a result of any reason beyond their control.

Cons of choosing a true ECN broker

Dealing with a true ECN broker will require you to pay rollover fees and commission at times.

Pros of trading forex with an STP broker

Their rates and the interbank prices are same

They provide their clients low entry capital requirements

Cons of choosing an STP broker

Choosing an STP forex broker means when you enter a trade you’ll not be informed what spread to expect.

Most true ECN and STP brokers are linked to several liquidity providers at the same time period. Despite both true ECN and STP brokers having incredible trading solutions which can meet your needs as a trader, their terms of operation vary. Whether you will choose a true ECN or STP broker, the rule of thumb is always ensuring you minimize losses and maximize profits as much as you can when trading forex. Ensure you compare carefully the terms of service of both a true ECN and STP broker before you choose one to handle your trading needs.

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Top 10 Best Online Forex Brokers for Indices Trading in 2018

Cfds in indices are very popular among traders. There is a wide range of indices from the world over for traders to choose from. They include the australian S&P 200, UK’s FTSE 100, US E-mini S&P 500, and US DJIA. Stock indices provide a good indication of the performance of markets. A change in a constituent stock’s performance is reflected by a change in the value of the specific index. Indices provide a wider indication of a set of stocks instead of individual ones. Having said that here is a list of best forex brokers for indices trading in 2018:

Trusted forex brokers that offer indices trading

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: $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: $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
min deposit: $100 spread: starting 0 pips leverage: up to 500:1 regulation: FCA UK, ASIC australia, MAS singapore	visit broker
min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS	30% forex deposit bonus	visit broker

Founded: 2009
number of clients: 1,000,000
trust score: 99
broker type: market maker
regulation: cysec, ASIC, IFSC
spread for indices: starting from 0.6 points
minimum deposit: $5
platforms offered: webtrader, MT4, mobile apps
account types: micro, standard, XM zero, XM ultra low account “*XM zero and XM ultra low accounts are not available to all the entities of XM group”.
Spread type: variable
funding methods: credit/debit cards (visa), neteller, webmoney, skrill, and multiple local payment methods
customer support: phone, email

Founded: 2010
number of clients: 550,000
trust score: 78
broker type: ECN
regulation: ASIC, FCA UK
spread for indices: starting from 0.1 points
minimum deposit: $250
platforms offered: trade interceptor, metatrader 4, mobile apps
account types: standard, pro, islamic accounts
spread type: variable
funding methods: bank wire transfer, credit/debit cards (visa and master), neteller, skrill, bitpay
customer support: live chat, email, phone

Founded: 2006
trust score: 82
number of clients: 6,000,000
broker type: market maker
regulation: cysec, FCA UK
spread for indices: 100 points
minimum deposit: $1000
platforms offered: webtrader, mobile apps
account types: standard
spread type: fixed
funding methods: bank transfer, credit cards, paypal
customer support: live chat, phone, email

Founded: 2008
number of clients: 155,000
trust score: 79
broker type: market maker
regulation: cysec, ASIC, FCA UK
spread for indices: 0.02 percent
minimum deposit: $100
platforms offered: webtrader, mobile apps
account types: micro, standard
spread type: variable
funding methods: debit/credit cards (visa and master), paypal, skrill, bank transfer
customer support: live chat, email

Founded: 2006
number of clients: 200,000
trust score: 81
broker type: market maker
regulation: central bank of ireland; financial futures association, japan; FSB, south africa; ASIC, australia; and ISA, israel
spread for indices: 1.0 point
minimum deposit: $250
platforms offered: metatrader 4, webtrader, mobile apps
account types: micro, standard, VIP
spread type: fixed and variable
funding methods: – bank wire, paypal, webmoney, skrill, credit card, neteller, prepaid master card, etc.
Customer support: live chat, phone, email

Founded: 2010
trust score: 82
broker type: no dealing desk
regulation: ASIC, FCA UK
spread for indices: starting from 0.3 points
minimum deposit: $200
platforms offered: MT4, MT5, webtrader, ctrader
account types: standard, razor, swap free, active traders
spread type: fixed and variable
funding methods: credit/debit cards (visa, master), paypal, POLI, china union pay, bpay, skrill, neteller, qiwi wallet, fasapay, B2B
customer support: live chat, phone, email

Founded: 2007
number of clients: more than 7,000,000
trust score: 80
broker type: no dealing desk
regulation: cysec, british virgin islands
spread for indices: no spread
minimum deposit: $1
platforms offered: metatrader 4 and 5, IFX options terminal, multiterminal, mobile apps
account types: mini, VIP, swap free, institutional, and managed accounts
spread type: fixed
funding methods: rbkmoney, qiwi, skrill, neteller, yandex.Money, visa/master cards, Z-payment, bank transfers, cash in broker’s offices
customer support: phone, email, chat

Founded: 2003, brokerage services started in 2005
trust score: 76
broker type: ECN/STP
regulation: FCA, UK, ASIC
minimum deposit: $300
platforms offered: MT4 desktop, webtrader, MT4 mobile
account types: ECN, STP, crypto
spread type: variable
funding methods: bank wire transfer, credit/debit cards (visa, master), china union pay, webmoney, neteller, skrill, payza
customer support: live chat, email, phone

Founded: 2011
broker type: ECN
regulation: FCA UK, FSA
spread for indices: starting from 0.9 points
minimum deposit: $50
platforms offered: MT4, MT5, ctrader
account types: micro, pro, ECN
spread type: variable
funding methods: bank transfer, neteller, skrill
customer support: live chat, email, phone

Founded: 2015
trust score: 72
broker type: market maker/ECN
regulation: FCA UK
spread for indices: 0.01 points
minimum deposit: $25
platforms offered: MT4, MT5, mobile apps
account types: classic, PRO, VIP
spread type: variable
funding methods: barclays, visa, and master debit/credit cards; paypal; skrill; neteller; fasapay
customer support: phone, live chat, E-mail

Stock market index – what is it

A country’s stock market index provides a measurement of the performance of an established stock market segment. It is often considered as the benchmark for gauging the performance of other financial markets. Investors use it as a gauge and build their portfolios.

For example, the UK’s FTSE 100 index consists of the 100 biggest firms on the london stock exchange. It provides an indication of the performance of the UK markets. Similarly, the DAX30 index which constitutes top 30 companies that have been listed on the frankfurt exchange provides indications about the performance of germany’s markets.

The combined prices or capitalization of the constituent stocks determine the value of an index. It could be a price-weighted or market weighted average.

Most commonly traded stock indices

Dow jones industrial average

Referred to commonly as “the dow”, it consists of the stocks of 30 top companies, in terms of influence and size, in the US. It is price weighted and represents approximately 25 percent of the stock market’s value.

Five hundred of the most-traded US stocks are part of the S&P 500 index. It represents approximately 80 percent of the stock market. S&P 500 is a market-weighted index.

This index is constituted by including the stocks of almost all of the publicly-traded companies with headquarters in the US.

This specialized, market-weighted index comprises all the technology stocks in the exchange.

Advantages/disadvantages of trading indices cfds

The first and foremost thing is that it allows margin trading and traders can benefit by using leverage. This enables traders to purchase more contracts with smaller amounts of money. Traders can make profit irrespective of the direction of the market. Though leverage is a good thing, it should be used with extreme caution.

Best online brokers

Find and compare the best online trading platforms for every kind of investor

With so many different types of online stock brokers available to investors, it can be tough to choose one that works best for you. That’s why we put these U.S.-based online brokers through a comprehensive review process that included hands-on research to determine the best in the industry.

Best online brokers and trading platforms:

Fidelity investments: best overall

TD ameritrade: best broker for beginners and best broker for mobile

Tastyworks: best broker for options and best broker for low costs

Interactive brokers: best broker for advanced traders and best broker for international trading

Charles schwab: best broker for etfs

Fidelity investments: best overall

Account minimum: $0

Fees: $0 for stock/ETF trades, $0 plus $0.65/contract for options trade

Fidelity earned our top spot for the second year running by offering clients a well-rounded package of investing tools and excellent order executions. It has continued to quietly enhance key pieces of its mobile-responsive website while committing itself to lowering the cost of investing for its clients. Fidelity joined in the rush to cut equity and base options commissions to zero in october 2019 but remains devoted to offering top-quality research and education offerings to its clients. the firm also makes it easy for clients to earn interest by sweeping uninvested cash into a money market fund. Fidelity also shares the revenue it generates from its stock loan program, and allows clients to choose which stocks in their portfolios can be loaned out.

Fidelity provides excellent trade executions for investors. On average, over 96% of orders for fidelity customers are executed at a price better than the national best bid or offer.

Fidelity offers a wealth of research and extensive pre-set and customizable asset screeners.

Your uninvested cash is automatically swept into a money market fund to help contribute to overall portfolio returns.

Some traders and sophisticated investors may have to use fidelity’s web platform in addition to active trader pro to access all the tools and research they require.

Non-U.S. Citizens or residents cannot open an account.

Traders and investors must manually refresh the data when using the website.

Fidelity has a wide offering of securities, but no commodities or options on futures.

TD ameritrade: best for beginners and best mobile app

Account minimum: $0

Fees: free stock, ETF, and per-leg options trading commissions in the U.S., as of october 3rd, 2019. $0.65 per options contract.

Best for beginners: TD ameritrade, one of the largest online brokers, has made significant efforts to market itself to beginner investors through social media. Work is still being done to further streamline its web and mobile experiences and make them more accessible to new users, but the resources new investors can already access are exceptional. Education is a key component of TD ameritrade’s offerings. You’ll find expanded learning pathways, ranging from beginner to advanced, to help clients understand everything from basic investing concepts to extremely advanced derivatives strategies. You can open an account and poke around without making a deposit, and take advantage of all the learning opportunities until you’re comfortable. TD ameritrade wants new investors to become more confident, and to trade additional asset classes as their skills grow.

Best for mobile: TD ameritrade focused its 2019 development efforts on its most active clients, who are mobile-first – and in many cases, mobile-only. TD ameritrade’s thinkorswim mobile platform has extensive features for active traders and investors alike. The workflow for options, stocks, and futures is intuitive and powerful. You’ll find lots of bells and whistles that make the mobile app a complete solution for most trading purposes, including streaming real-time data and the ability to trade from charts. The regular mobile platform is almost identical in features to the website, so it’s an easy transition. TD ameritrade clients can trade all asset classes offered by the firm on the mobile apps.

The education offerings are designed to make novice investors more comfortable.

TD ameritrade offers in-person education at more than 280 offices as well as multiple training pathways available on its website and mobile apps.

TD ameritrade optimized its traditional website for mobile browsers with a dashboard where clients can quickly access account details.

Streaming real-time data on thinkorswim’s mobile app is unlimited.

Some investors may have to use multiple platforms to utilize preferred tools.

TD ameritrade offers one of the widest selections of account types, so new investors may be unsure of which account type to choose when opening an account. More support is needed to ensure customers are starting out with the correct account type.

Investors are paid a tiny rate of interest on uninvested cash (0.01-0.05%) unless they take action to move cash into money market funds.

Tastyworks: best broker for options and best broker for low costs

Accountminimum: $0

Fees: $0.00 stock trades, $1.00 to open options trades $0.00 to close

Best for options: tastyworks officers say that more than 90% of the trades placed by their customers are derivatives, so there are a lot of tools for options and futures traders. Everything is designed to help the trader evaluate volatility and the probability of profit. It’s all about making decisions and taking action. Executions are fast and the costs are low, capping commissions for opening orders for options on equities and futures at $10 per leg. as you build a position from a chart or from a volatility screener, a trade ticket is populated for you. There’s a video viewer embedded so you can keep an eye on the tastytrade network. Though a newcomer to options trading might be initially uncomfortable, those who understand the basic concepts will appreciate the content and features.

Best for low costs: the qualification for this award is simple: the lowest out-of-pocket costs. Tastyworks fits that bill well, as customers pay no commission to trade U.S. Equities online, and there is no per-leg fee for options trades. Tastyworks has a unique fee structure for options trades, charging $1 per contract to open a position, while closing trades are free. In addition, there is a maximum of $10 per leg for options trades, so traders who place large spread orders are happy.

All of the tools you’ll need for analyzing and trading derivatives are built into the tastyworks platform.

The charting capabilities are uniquely tuned for the options trader.

There are hours of original video from tastytrade every weekday, offering up-to-the-minute trading ideas, plus a huge library of pre-recorded videos and shows.

Newcomers to trading and investing may be overwhelmed by the platform at first. There’s a learning curve to climb.

There is no fixed income trading (outside of etfs that contain bonds) for those who want to allocate some of their assets to a more conservative asset class.

Besides profit and loss, any additional portfolio analysis requires setting up a login on a separate site.

Interactive brokers: best for advanced traders and best for international trading

Account minimum: $0

Fees: maximum $0.005 per share for pro platform or 1% of trade value, $0 for IBKR lite

Best for advanced traders: interactive brokers (IBKR) earns this award due to its wealth of tools for sophisticated investors and its wide pool of assets and markets. The firm makes a point of connecting to as many electronic exchanges as possible. You can trade equities, options, and futures around the world and around the clock. Interactive brokers’ order execution engine stays on top of changes in market conditions to re-route all or parts of your order to achieve optimal execution, attain price improvement, and maximize any possible rebate. The order routing algorithms seek out a speedy execution and can access hidden institutional order flows (dark pools) to execute large block orders. The wide array of order types include a variety of algorithms as well as conditional orders such as one-cancels-another and one-triggers-another. You can also set up conditional orders based on price, volume, daily P&L, margin cushion, number of shortable shares available, rebate available from the trading venue, and other factors.

Best for international trading: interactive brokers is the best broker for international trading by a significant margin. Interactive brokers allows investors to access 125 exchanges in 31 countries across the globe. This reach is combined with a massive inventory of assets and 60 different order types to plan your entry and exit from a position. Investors can also fund their account in their domestic currency and IBKR will handle the conversion at market rates when you want to buy assets denominated in a non-domestic currency. And, if all that were not enough, the quality of trading tools available through traders workstation (TWS) make it easy to execute multi-layered trades across international borders. Interactive brokers has won this category two years running, and there is no sign of that changing in the near future.

IBKR’s order execution engine has what could be the smartest order router in the business.

Interactive brokers connects clients to 135 markets in 33 countries and enables clients to trade stocks, options, futures, forex, bonds and funds from a single integrated account.

Algorithmic order types include VWAP (volume-weighted average price) and TWAP (time-weighted average price) as well as order types designed to minimize the trader’s impact on the price of a particular stock.

You can only have streaming data on one device at a time. This could be an issue for traders with a multi-device workflow.

The most advanced capabilities are restricted to IBKR pro clients and trades on that plan are not commission free.

Most non-U.S. Exchanges charge additional data fees that increase your trading costs.

Charles schwab: best for etfs

Account minimum: $0

Fees: free stock, ETF trading, $0.65 per options contract

Money is increasingly flowing out of the mutual fund industry and into exchange-traded funds (etfs). Some investors (and most robo-advisors) use etfs exclusively to build a balanced portfolio meant to walk the optimal line between risk and reward. To determine the best online broker for investing in etfs, we looked at research capabilities specific to finding the best etfs for a customer’s specific purpose. Top-notch screeners, analyst reports, fundamental and technical data, and the ability to compare etfs are the main components of this award.

Schwab is a full-service investment firm which offers services and technology to everyone from self-directed active traders to people who want the guidance of a financial advisor. It has a wide variety of platforms from which to choose, as well as full banking capabilities. It is, however, schwab’s ETF screener on the streetsmart edge platform that will capture the attention of ETF investors. The streetsmart edge ETF screener has over 150 criteria that can combine fundamental, technical, and third party data. The ETF screener is extremely customizable and your criteria combinations can be saved for future re-use. Schwab’s news and research offerings overall were also among the deepest of all the brokerages we reviewed, sealing up this category for the industry giant.

The streetsmart edge ETF screener is the best among all online brokerages we reviewed.

There are 16 predefined screens for the ETF screener which can be customized according to client needs. Results can be turned into a watchlist, or exported. The ETF screener is available to both prospects (pre-login) and clients using streetsmart edge.

Schwab offers its clients free access to news feeds from bondsource, marketedge, schwab investing insights brief, argus research alerts, briefing.Com, morningstar equity research alerts, business wire, PR newswire, credit suisse, CFRA, and vickers insider activity.

Premium third-party research is offered at a discounted price.

In contrast to the excellent ETF screener in streetsmart edge, the ETF screener on the schwab.Com website is very basic.

If you trade derivatives, most of the tools are on the streetsmart edge platform, but equities traders will wind up referring to technology on the standard website.

Schwab does not automatically sweep uninvested cash into a money market fund, and their base interest rate is extremely low.

What to consider when choosing an online broker

When you are choosing an online stock broker you have to think about your immediate needs as an investor. Are you a beginner? Maybe you need a broker that has great educational material about the stock market. Do you only have a small amount of money you can put aside to invest? Some online brokers allow for small minimum deposits which can be a great option for those with limited funds. Are you always on the go and in need of a robust mobile platform? Some online brokers have incredible mobile apps delivering nearly all the features that their desktop counterparts do.

Another important thing to consider is the distinction between investing and trading. When people talk about investing they generally mean the purchasing of assets to be held for a long period of time. These types of investments are usually made to reach a retirement goal or to put your money into assets that may grow faster than it would in a standard savings account accruing interest. Trading, on the other hand, most commonly involves the buying and selling of assets in short periods. Trading is generally considered riskier than investing.

All of these factors must be considered before choosing an online broker. Do you want to trade or invest? Do you want a great mobile app to check your portfolio wherever you are? What types of assets are you looking to invest in? Answering these questions is not always easy. You can check out our guide to choosing a stock broker to gain further insight so you can make a sound decision. Once you've made a decision on a broker, you can also check out our guide to opening a brokerage account.

Fxdailyreport.Com

Top recommended and the best forex brokers for 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
min deposit: $100 spread: starting 0 pips leverage: up to 500:1 regulation: FCA UK, ASIC australia, MAS singapore	visit broker
min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS	30% forex deposit bonus	visit broker
min deposit: $250 spread: as low as 0.1 pips leverage: up to 400:1 regulation: ASIC australia and FCA UK	visit broker
min deposit: €100 spread: the spread can be as low as 0.01%” (0.01% = spread for EUR/USD) leverage: 1:294 regulation: ASIC, cysec, FCA (UK)	visit broker
min deposit: $100 spread: starting from 0.9 pips leverage: 400:1 regulation: MIFID, FSB & ASIC	visit broker

Main parameters to be checked for identifying the best forex brokers:

#1: regulations and licenses

#2: forex trading platform

#3: customer support services

#6: deposits and withdrawals

#9: other parameters for identifying the best forex brokers

Why expert traders trade with regulated forex brokers

Role of regulation

CFTC and NFA: commodity futures trading commission and national futures association, regulate the financial services sector in united states of america (USA).

Cysec: the cyprus securities and exchange commission is the regulatory watchdog within the cysec domain. It offers services to the EU member states.

FCA: the financial conduct authority regulates the operations of over 56,000 financial services and companies in the UK.

ASIC: the australian securities and investment commission regulate the financial services sector in australia.

FSB: the financial services board is a south african agency which oversees functioning, regulation, and licensing of south african forex brokers.

Bafin: bafin is a financial supervisory authority providing its services to forex companies in germany.

Advantages of regulated forex brokers

With regulated brokers, you’ll always have some peace of mind when carrying out your real-money transactions. To expound more, here are the main reasons why expert traders prefer regulated brokers:

1. Credibility

2. Compensation

3. Effective customer service

4. Quick deposits and withdrawals

5. Updated trading platform

6. Legality

Understanding true ECN vs STP broker

General overview of true ECN and STP brokers

Use of scalping techniques

Though true ECN and STP brokers can add markups when necessary, they cannot in any way take it further down than the amount provided.

Difference between true ECN and STP brokers

Commission charged

On true ECN accounts, as a trader you will be required to pay a fixed commission to open and close trades. The spreads offered on true ECN accounts are determined by the rates of liquidity providers.

When using STP accounts as a trader, you will not be required to pay any commissions.

Pros of trading forex with a true STP broker

Cannot bankrupt themselves

True ECN brokers cannot trade against their specific clients to bankrupts themselves.

Similar price rates

If you are a forex trader, trading with a true ECN broker means you are guaranteed of price rates that are similar to those of the interbank market.

Negative balance protection

Cons of choosing a true ECN broker

Dealing with a true ECN broker will require you to pay rollover fees and commission at times.

Pros of trading forex with an STP broker

Their rates and the interbank prices are same

They provide their clients low entry capital requirements

Cons of choosing an STP broker

Choosing an STP forex broker means when you enter a trade you’ll not be informed what spread to expect.

So, let's see, what was the most valuable thing of this article: discover the top 10 of the best brokers to trade news. Start trading the economic news with the best brokers available on the market. Click here at broker for trading