IC Markets Global is an Australian online forex and CFD broker that provides traders access to the global financial markets. The company was founded in 2007 and is regulated by ASIC in Australia and CySEC in Cryprus. IC Markets offers 2,250+ CFDs on 61 currency pairs, 24 commodities, 2,100+ stocks, 25 indexes, 9 bonds, 21 cryptocurrencies, and 4 futures via the advanced trading platforms such as MetaTrader 4, MetaTrader 5, cTrader, and TradingView. The company also offers 24/7 customer support and a variety of educational resources for traders of all levels.
FISG is a Cyprus registered online Forex and CFD broker. The brand was established in 2012 and currently holds an authorized representative license with Cyprus Securities and Exchange Commission (CySEC, No. 166/12). The broker offers a range of trading instruments including Forex, shares, indices, and commodities on the popular MetaTrader 4 (MT4) trading platform, as well as rich educational resources.
Vault Markets, a South African-based broker, has attracted much attention in recent days, particularly within its region. This online broker only offers access to focused trading opportunities on Indices, Currencies, Energies, and Metals, yet it shines on low minimum deposits plus various bonus programmes, which would encourage more investors, especially beginners, to trade with a small budget. However, Vault Markets operates outside of the authorized scope, so we don't consider it solid to trade with.
FBK Markets, a young South African forex broker, targets both beginners and experienced traders within this region. This broker shines at its low minimum deposit required, 100% deposit bonus, and flexible account options, yet we cannot consider it reliable as it operates without any regulation. Furthermore, it features an approximately 70% withdrawal failure rate.
GMI (Global Market Index) is a forex and CFD broker that offers trading services to retail and institutional clients. It was established in 2009 and registered in Saint Lucia. The broker is regulated by the Financial Conduct Authority (FCA) in the UK. GMI offers a range of trading instruments, including gold, oil, silver, forex, indices, and stock CFDs via the MT4, MT5 and GMI Edge platforms.
HFX, a trading name of PT. HFX Internasional Berjangka, is an online trading service provider based in Indonesia whose goal is to provide traders with the best trading conditions by allowing them unlimited access to liquidity, low spreads, and a wide range of products and services. HFX offers leverage up to 1:200 for forex trading and utilizes the popular MetaTrader 4 (MT4) trading platform, which is known for its robust features and extensive trading tools.
OlympTrade is a relatively young online broker registered in Saint Vincent and the Grenadines, a shady spot with a booming of unlicensed entities. Tradable assets on the OlymTrade are not extensive, and this broker does not tell many essential trading conditions. As for trading platforms, I found trades can only operated on a simple web-based trading platform, no Metatrader platform at all.
T4Trade, established in 2021 and regulated by the FSA in the Seychelles, allows trading on a modest portfolio of over 300 instruments, spanning forex, metals, indices, commodities, futures, and shares, all accessible via the popular MetaTrader 4 and their proprietary WebTrader platforms. Notably, T4Trade offers a zero-commissions pricing model where both floating and fixed spreads are offered on its MetaTrader—flexible leverage up to 1000:1 to increase trading flexibility. T4Trade also introduces a copy trading service called “TradeCopier”, which enables traders who lack experience or time to join in the markets by copying the trades of seasoned professionals.
Swissquote is a unique online broker with a solid banking background in Switzerland. As a forex-focused platform, it provides one of the most respective range in the industry, over 80 currency pairs in major, minor and exotic. Notably, Swissquote offers different trading conditions for traders from Switzerland, Europe, Middle East, Hong Kong, South Africa, and other regions, and traders at Swissquote can enjoy the benefit of trading with its well-regulated brand and entities. Besides, Swissquote offers excellent research offerings along with its product offerings.
FXTM, or Forex Time, is a global forex and CFD broker founded in 2011. It is regulated by the Financial Conduct Authority (FCA) in the UK and the Financial Services Commission (FSC) in Mauritius. FXTM offers a variety of trading instruments, including forex, metals, commodities, stocks, indices, cryptocurrencies, and CFDs. In terms of trading fees, FXTM offers variable spreads on most of its instruments, with spreads close to 0 pips.
Webull Financial stands as a digital trading platform founded in 2017, offering commission-free trading across multiple asset classes including stocks, options, ETFs, cryptocurrencies, and forex. The platform targets primarily intermediate traders seeking a balance of analytical tools and straightforward execution capabilities. While Webull provides robust charting tools and an intuitive mobile experience, its forex offering remains at industry average levels with certain limitations in currency pair selection compared to some other forex brokers.
Quotex is an online trading platform specializing in digital options, offering access to various assets, including currencies, commodities, and cryptocurrencies. It operates with a proprietary web-based platform. The platform's user interface, while basic, is generally functional, and the availability of numerous short-term trading options may appeal to those seeking rapid trading opportunities. While it presents a user-friendly interface and a low minimum deposit, it's important to note that the regulatory landscape surrounding Quotex involves offshore registration, which may present different levels of investor protection compared to more strictly regulated financial jurisdictions.
Founded in 2006, FxPro is a reputable UK-based broker, offering trading on forex, crypto CFDs, metals, indices, futures, energy, and shares via the popular MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms, as well as its proprietary platform, FxPro WebTrader and FxPro Mobile App. In addition to its trading services, FxPro provides clients with a comprehensive knowledge hub, which contains all kinds of educational resources, friendly for both beginners and professionals.
FBS is a regulated broker that provides 550+ tradable instruments, including currency pairs, metals, energies, indices, and shares with leverage up to 1:3000, spread from 0.0 pips and commissions from 0% through FBS app, MT4 and MT5 trading platforms. The minimum deposit requirement is just $5.
Forex.com is one of the most respected and trusted forex brokers in the foreign exchange trading industry. Founded in 2001, Forex.com is a global company licensed and regulated by several reputable regulatory authorities, including ASIC in Australia, FCA in the United Kingdom, FSA in Japan, NFA in the United States, IIROC in Canada, CIMA in the Cayman Islands and MAS in Singapore. These regulators are known for their strict compliance and oversight requirements, which means that Forex.com is required to meet high ethical and operational standards to protect its clients and ensure the safety of their funds.
When it comes to online trading and investment, Plus500 has established itself as a prominent global fintech company, offering trading on over 2,800 CFD-based financial instruments, covering forex, commodities, indices, global stocks, ETFs and cryptocurrencies. Whether you're new to trading or an experienced investor looking for a reliable platform, understanding how to open, use, and manage your Plus500 account is essential. This guide will walk you through the key aspects of Plus500 accounts, from opening a demo account to making withdrawals.
Founded in 2012, Libertex is a Cyprus-based online broker providing both investment and trading services. They offer access to over 350 instruments, including CFDs and real stocks. Libertex has become a popular choice among retail investors, largely due to its competitive trading costs, robust trading platform, a 100% welcome bonus for new clients (subject to certain deposit requirements and trading activity), and the availability of fractional shares. However, notably, Libertex does not currently offer copy trading functionality and its educational resources are somewhat limited.
IG is a UK-registered company and regulated by multiple international financial bodies, including the ASIC, FCA, FSA, AMF, FMA, MAS, and DFSA. It offers access to a 17000+ markets, including currencies, indices, cryptocurrencies, stocks and commodities. The company provides multiple trading platforms, including an intuitive web platform, MetaTrader 4, L2 dealer and mobile apps. It also offers multilingual customer support through various channels, including telephone, email, social media and online chat.
Pepperstone is a Forex and CFD broker founded in 2010 in Melbourne, Australia. The company has quickly grown to become one of the largest Forex and CFD brokers in the world with over 150,000 clients across the globe. Pepperstone is regulated by top-tier financial authorities, including the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), etc. It offers a wide range of trading instruments including forex, indices, commodities, and cryptocurrencies.
CM Trading is a South Africa-based online broker operating for 10 years, providing trading on Forex, Commodities, Indices, Stocks, and some Cryptos. Among many forex broker options in South Africa, CM Trading struggles to be the popular one due to its high costs for live accounts and wide spreads. Instead, it is considered an expensive broking. To open a live account, traders need to fund at least $299, less friendly to beginners. However, CM Trading compensates for this by offering large amounts of bonuses up to $150,000. Notably, CM Trading does not provide any popular copy trading solutions.