Forex CFD Brokers
The world’s best regulated Forex brokers for online trading. Scroll down to read our full review of their services and compare their online Forex trading platforms at a glance.
What is forex trading?
Forex stands for Foreign Exchange. Forex trading is when you sell one currency to buy another. Although this is something most people have to do, e.g. when they travel to a country that uses a different currency, large-scale forex trading is done for profit and it involves speculating about the future price of different currencies. If you’re ready to join the largest market in the world, check our reviews to find the best forex trading platforms for your money.
What is a pip in forex?
Pip stands for Percentage in Point. It’s a standardised unit referring to the smallest possible price change in a currency pair. For most pairs, the pip is fixed at 0.0001, which means that a one-pip move equals to a price change of 0.0001.
How does forex trading work?
Forex trading is very similar to buying currency before you travel, except you’re doing it for profit by speculating about price fluctuations. Forex trading is done in pairs, e.g. in the GBP/USD pair, GBP is the base currency and USD is the quote currency. If the pair’s exchange rate is 1.37, you need $1.37 to buy £1. If you decide to try forex trading, it’s important to pick the right platform and Brokerage Compare gives you an overview of the best forex trading brokers to choose from.
What are the best forex brokers?
The single most important determining factor when picking a broker is whether they’re regulated. Brokerage Compare reviews and comparison tables only include regulated brokers and provide you with a breakdown of their services and fees to help you find the best forex brokers for your individual circumstances.
Best Forex CFD Trading Platforms
Showing all 8 results
Tradable Assets: 1,250+ 76% of retail CFD accounts lose money.
Tradable Assets: 3,100 79% of retail CFD accounts lose money.
Tradable Assets: 2,000+ 79% of retail CFD accounts lose money.
Tradable Assets: 300+ 79.1% of retail CFD accounts lose money.
Tradable Assets: 1,200+ 74-89% of retail CFD accounts lose money.
Tradable Assets: 2,000+ 81% of retail CFD accounts lose money.
Tradable Assets: 1,000+ 74.89% of retail CFD accounts lose money.
Tradable Assets: 2,000+ 80% of retail CFD accounts lose money.