Category: Broker Categories

Best Forex Broker for EA 2025

Post author By George Rossi
Post date February 24, 2022
No Comments on Best Forex Broker for EA 2025

For this list, we searched and tested several Forex Brokers for EA.
To select the best forex broker for EA we opened real accounts and deposited between $4K -8k for each account. Then we placed real trades in each popular market, so to test different broker’s features and offerings to get the actual picture about their performance.
We contacted the customer support team, to test their dedication and ability of solving the issues clients may face during the trading.
We handpicked the best Forex Brokers for EA based on our trading data and experience as a trader.

What is EA in Forex Trading?

Traders can share and buy trading robots in a number of marketplaces. They are implemented on trading platforms without any difficulty. This technique is known as Expert Advisory (EA). An expert advisor is a software that prompts traders when to make trades. In other words, EA or Expert Advisor is a programming script that automatically opens trades, analyzes trading patterns, and closes trades. EAs are mostly used within the MT4 and MT5 trading platforms. Read the official website for EAs on MT4 and MT5.

Expert Advisors monitor financial markets and trade by using different programming instructions and algorithms. It can open trades automatically and no human intervention is needed. The algorithms used in trading generally analyze the market through technical parameters. They simply analyze prices, determining the best time to buy and sell currency pairs.

EA has a number of advantages:

EA software enables the traders to take part in the foreign exchange market at any time
EAs trade multiple instruments non-stop
They help to exclude emotions in trading
EA perform faster than human

However, EA works based on certain set tools, while manual trading cannot be beaten by any automated strategy, EA or a robot. Thus, traders have to choose suitable practice for them considering all the factors.

Forex MT4 EA Automated Trading System

One of the strongest sides of Meta Trader 4 is automated trading. It helps the traders to develop and apply EAs.

The platform presents the Integrated Development Environment (MQL4 IDE) that allows creating Expert Advisors and technical indicators with different complexity levels. It is very functional, flexible and effective. All in all, Meta Trader 4 enables the traders to develop Expert Advisors and technical indicators.

Trading Platform	Programming Language
🖥 MetaTrader 4 (MT4)	MLQ4
💻 MetaTrader 5 (MT5)	MLQ5
📈 cTrader	C#
📉 TradeStation	EasyLanguage
📱 NinjaTrader 8	C#
📊 ActTrader	ActFX

It is important to know that there are different EAs for MT4 and MT5. In fact, they both provide automated trading but each of them has a different function.

How to add an Expert adviser to MT4:

Open MT4
Go to file and open data folder
Choose MQL4
Choose expert advisors or indicators

Forex EA Software

Expert Advisor is a software that trades a strategy for you.

EA is a part of Meta Trader MT4 or MT5 platforms. It can be selected from the marketplace for free or with some fee. It is created and coded using Programming Language – MLQ4 or MLQ5.

MQL4 is an object-oriented programming language aimed at trading strategy development. As to MQL5 programs, they work up to 20 times faster than MQL4 ones. The platform permits trading both on Forex and a stock exchange. It also gives an opportunity to develop a trading strategy for multiple instruments.

Best Forex Brokers for EA Trading

The role of a broker plays an essential role in EA trading. To be able to decide which are the most favorable forex brokers for EA, we tested and reviewed several forex brokers. For our tests we opened live accounts and deposited real money with the brokers.

Moreover, we also checked the brokers’ spreads and commissions, trading platforms, deposit and withdrawal conditions, education, and customer service.

This said, we have come up with the list of the best forex brokers for EA.

IC Markets
FxPro
XM
Vantage FX
OANDA

Best Overall EA Forex Trading Broker

We picked OANDA as the best overall forex broker for EA.

OANDA was founded back in 1996 and is heavily regulated. It holds licenses from world recognized top-tier authorities: FCA, ASIC, IIROC, MAS in Singapore, FFAJ Japan.

Oanda spreads are calculated through an Oanda platform. The platform is connected to global banks that provide accurate foreign exchange and CFD rates.

The broker offers a range of instruments in Forex and CFD trading, currency pairs, indices, commodities, bonds and metals, futures trading, commodities futures. As to trading platforms, OANDA has its own proprietary platform – Oanda Trade. It also offers the popular MT4 platform.

The broker also provides excellent education materials, webinars, etc. The materials are divided into levels, so that traders will not have difficulty finding what they need.

Best EA Forex Broker for Beginners

We picked FxPro as the best forex broker for EA for beginners.

FxPro was founded in 2006 and it is located in the UK. FxPro is a CFD broker. It offers instruments across a number of markets: forex, shares, spot indices, futures, spot metals, and spot energies.

FxPro is licensed and regulated in the United Kingdom, Cyprus, South Africa, and The Bahamas.

FxPro trading fees are built into spreads, which depend on the account type. Spreads on MT4 accounts are significantly lower than the industry average, while on MT5 accounts the spreads are around the industry average or a little higher. The broker offers MT4, MT5, cTrader and FxPro (EDGE) trading platforms to the traders.

FxPro is suitable for newbie traders, as it offers quality educational resources to traders. The material is divided into beginner and advanced levels. The traders can find text-based tutorials, video tutorials on trading, videos explaining the tools. Also, the broker has a Demo account which is a great asset.

Best Forex Expert Advisor MT4 Broker

We have picked XM as the best MT4 forex broker for EA.

XM is a global Forex and CFD broker. It was founded in 2009. The broker is licensed in Australia, the United Kingdom, Cyprus, the UAE and Belize.

XM offers a number of instruments to traders: Forex pairs, indices, stocks, and commodities. The broker mostly charges average fees for trading the main instruments. XM’s average spreads are equal to or lower from the industry averages.

The broker does not have a proprietary trading platform. What makes it a favorable forex broker for EA is that it offers its traders the popular MetaTrader 4 and MetaTrader 5 platforms. The broker has two options to trade: either via the broker’s website, or the mobile and desktop MT4 and MT5 applications.

Best Low Spread EAs Forex Broker

We have picked Vantage FX as the best low spread forex broker for EA.

Vantage FX is a forex and CFDs broker, founded in 2009. It is headquartered in Sydney, Australia. The broker is regulated in the United Kingdom, Australia, Vanuatu, and The Cayman Islands.

The main trading offerings of Vantage FX include forex, indices, commodities, cryptocurrencies, and shares CFDs. During our tests, together with other advantages, Vantage FX stood out for its favorable spreads. We found that forex spreads are much lower than the industry average. Spreads on commodities are also lower than the average benchmark. This is why it is considered the best low spread forex broker for EA.

EA Forex Brokers List

We have created a list of the forex brokers for EA. For this, we opened real accounts, deposited money, so that to test the conditions and offerings of each of them.

Forex Broker	Trading Platforms	EA Trading	Our Review
FxPro	MT4, MT5, cTrader, FxPro EDGE	Yes	FxPro Review
Admiral Markets	MT4, MT5	Yes	Admiral Markets Review
BlackBull Markets	MT4, MT5	Yes	BlackBull Markets Review
GO Markets	MT4, MT5	Yes	Go Markets Review
XM	MT4, MT5	Yes	XM Review
FXTM	MT4, MT5, FXTM Trader	Yes	FXTM Review
Vantage FX	MT4, MT5	Yes	Vantage FX Review
ICM Capital	MT4, MT5, cTrader	Yes	ICM Capital Review
Tickmill	MT4	Yes	Tickmill Review
ThinkMarkets	MT4, MT5, ThinkTrader	Yes	ThinkMarkets Review
Amana Capital	MT4, MT5	Yes	Amana Capital Review
FP Markets	MT4, MT5, IRESS	Yes	FP Markets Review
AxiTrader	MT4	Yes	Axi (AxiTrader) Review
INFINOX	MT4	Yes	INFINOX Review

FAQ and More on Forex Brokers for EA

Traders often have many questions related to generic trading-related queries about Forex Brokers for EA. We’ve picked some of the most important ones and provided answers to them.

What is a Good EA for Forex trading Australia

Traders may wonder how to choose the best forex brokers for EA in Australia. When picking a broker, it is essential to pay attention that the broker offers a good Mt4 or MT5 trading platform. Based on this, we have picked several brokers:

Here are the best forex brokers for EA Australia:

Pepperstone
GO Markets
IC Markets

EA Forex Academy

We have discovered an EA Forex Academy that is established as a private firm. Its purpose is to educate traders on EA trading. It helps to create, analyze and test the Expert Advisors without programming. However, it is not an official MetaTrader company. Thus, our advice is to check if this Academy can meet your needs.

Besides, most of the forex brokers for EA already provide education. They include Automated strategies and teach EA trading on their special courses. So, choosing a reliable broker is the key to favorable EAs trading. You can also check our article on the Best Online Forex Trading Courses.

However, to be helpful, we have selected brokers that provide special courses and are favorable forex brokers for EA:

CMC Markets
IG
XM

Best Free Forex EA in the World

Actually, there is no such thing as the best EA in the world. In fact, the best free forex EA is the one that suits your needs. So, before choosing, make sure to go through the tools and offerings, to make the best choice that will meet your expectations.

Tags Forex Broker for EA

Broker Categories

Forex Brokers with Guaranteed Stop Loss 2025

Post author By George Rossi
Post date February 21, 2022
No Comments on Forex Brokers with Guaranteed Stop Loss 2025

For this list, we searched and tested several Forex Brokers with Guaranteed Stop Loss.
To select the best forex brokers with Guaranteed Stop Loss we open real accounts and deposit between $4K -8k for each account. We placed real trades in each popular market and tested different broker’s features and offerings, in order to get the actual picture about their performance.
Also, we contacted the customer support team, to test their dedication and ability of solving the issues clients face during the trading.
We handpicked the best Forex Brokers with Guaranteed Stop Loss based on our trading data and experience as a trader.

What is Stop Loss in Forex?

Stop loss is a risk management tool executing or closing the order on a particular set level. Stop loss, as the name implies, helps to stop losses and is very useful especially for beginner traders.

Guaranteed stop loss is an automatic order that is processed under any market conditions and is guaranteed by the Broker on the level trader set as a stop-loss. While the guaranteed stop-loss order is applied for buying or selling position on the initially determined price. Read more about the stop-loss order on Wikipedia.

The guaranteed stop loss in forex helps to secure positions when there occur unexpected changes in the market. The stop-loss tool is especially essential when trading in volatile market conditions or with high leverage brokers.

🔒 Guaranteed Stop Loss	Provided by Brokers Conditions
🏦 Regulators with Guaranteed Stop Loss	Europen ESMA, Australia ASIC, US CFTC
🛡️ Is It safe to trade	Yes
📊 Max. Leverage	Depends on Regulation (Europe 1:30)

Forex Stop Loss Strategy

The stop-loss order is one of the most important tools and trading orders for the traders. It especially comes in handy when unexpected market changes take place. A functional stop loss ensures effective trading and minimizes slippage.

To ensure the profitability and safety of trades, stop loss comes into place, and it is advisable to use a stop loss calculator to determine the price levels or the proportion between take profit and stopp loss, usually set 1:2 or 1:3. Calculator is essential to give an insight on the pips involved and their value.

Still, there are a number of stop loss strategies and each one of them is different with unique features:

Market Orders
Stop Limits
Stop Markets
Trailing Stops

How to Set Stop Loss in Forex Trading?

During the trading, when slippage or gap in price occurs, causing a rapid price change, it is very easy to blow your account by wrong steps. Stop-loss in forex is a powerful tool to manage the possible risks.

To set stop loss in forex, it is advisable to set a stop loss on a logical level or a proportion based on the strategy you use. It is always possible to exit the trades manually, however, traders often exit the trades manually mainly based on emotions, and not on actual possible danger. So here is Stop Loss comes into its efficiency, to eliminate emotional factor and benefit from strategy more efficient.

To set stop loss in forex, follow the following steps:

Click on Stop Loss and set the SL based on a specific rate in the market. Either type the rate, or adjust the SL with the + and – buttons
Click on the button Amount so that to view and set the SL as a monetary amount
If you want to remove the Stop Loss, you can just click on No SL button

Best Guaranteed Stop Loss Forex Brokers

If traders want to gain from the stop-loss strategy, they should pick a trustworthy forex broker with guaranteed stop loss, excellent tools and options. This means you should pay close attention to the broker’s offerings to find Best Guaranteed Stop Loss Forex Brokers, before making a final choice. In fact, the are only few brokers that offer Guaranteed stop loss so it worth checking trading conditions carefully.

We have tested a number of forex brokers with guaranteed stop loss and have come up with the list of the best brokers based on our trading experience and the collected data:

IG
HYCM
Forex.com
CMC Markets
Dukascopy

However, there are still well-regulated and trustworthy brokers that do not offer guaranteed stop loss strategies. Some of these brokers we have tested and reviewed. Here are some of them:

AvaTrade
FxPro
XM Trading

Best Overall Forex Broker with Guaranteed Stop-Loss

We picked IG as the best overall forex broker with guaranteed stop loss.

IG is considered a great broker for many reasons. First, the broker is well-regulated, with a number of licenses, such as FCA, ASIC, CFTC, DFSA, etc.

IG offers low costs across all the markets. While trading with IG, the traders can choose from a selection of platforms, based on their preferences and trading needs. The broker is also favorable for newbie traders. The education section is excellent, with a vast number of tutorial videos and webinars. Also, IG offers a Demo account.

Best Forex Guaranteed Stop Loss Broker for Beginners

We picked HYCM as the best forex broker with guaranteed stop loss for beginners.

HYCM or HYMarkets has been in the market for over 40 years. It is headquartered in London, UK and is regulated by FCA, CySEC and DFSA.

HYCM offers three account types: Fixed, Classic and Raw Spread Accounts. HYCM fees vary depending on the account type. HYCM offers fixed spreads that may be slightly higher, yet remain stable under any circumstances.

The broker is recommended to the beginners, as HYCM offers a great number of Trading Courses, Seminars and Webinars. Besides, the traders can find Market and Technical Analysis together with tutorials. Moreover, the broker gives the traders an excellent opportunity to create a good trading path.

Best Guaranteed Stop Loss Forex Broker MT4

We picked Forex.com as the best MT4 forex broker with guaranteed stop loss.

Forex.com is a well-regulated forex and CFDs broker. It offers a great number of instruments across all the markets. The availability of the offered products also depends on the country one trades. Forex.com offers three main account types: Standard, DMA, Commission.

The broker offers MT4 and MT5 trading platforms. MT5 platform is available only to the traders outside of the USA. MT4 is perfect for those traders who prefer this platform. It includes all the main tools to conduct favorable trading. Read more on MT4 brokers here.

Best Guaranteed Stop Loss Forex Broker with Lowest Spread

We have picked Dukascopy as the best-guaranteed stop loss forex broker with lowest spread.

Dukascopy is a forex and CFDs broker, headquartered in Switzerland. Founded in 2004, it has a great number of offices in Riga, Kyiv, Moscow, Kuala Lumpur, Hong Kong, Shanghai, Dubai and Tokyo. The broker is regulated in Switzerland, Japan and Latvia.

Dukascopy fees are built into spreads. There are also commissions charged for opening and closing trades. Spreads for forex, indices and commodities are much lower. Yet, spreads on stocks and cryptocurrencies are higher than the industry average.

Forex Brokers with Guaranteed Stop Loss List

We have created a list of the forex brokers with Guaranteed Stop Loss. For this, we opened real accounts, deposited money, so that to test the conditions and offerings of each of them.

Forex Broker	Guaranteed Stop Loss	About Our Test	Our Review
CMC Markets	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	CMC Markets Review
Tickmill	Yes	Deposit Amount: Over $8,000 Total Trade: 12 trades	Tickmill Review
IC Markets	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
Dukascopy	Yes	Deposit Amount: Over €4,000 Total Trade: 15 trades	Dukascopy Review
Capital.com	Yes	Deposit Amount: Over €3,500 Total Trade: 15 trades	Capital.com Review
Pepperstone	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
Vantage FX	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
Admiral Markets	Yes	Deposit Amount: Over €4,000 Total Trade: 12 trades	Admiral Markets Review
Plus500	Yes	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review
ThinkMarkets	YES	Deposit Amount: Over €5,000 Total Trade: 15 trades	ThinkMarkets Review
Amana Capital	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review

FAQ and More on Guaranteed Stop Loss Forex Reviews

Traders often have many questions related to generic trading-related queries about Forex Brokers with Guaranteed Stop Loss. We’ve picked some of the most important ones and provided answers to them.

What is Stop Loss and Take Profit in Forex?

Take-Profit and stop-loss are two basic trading orders, used the most along with sell-buy opening positions. These two orders help traders to avoid losses and manage the possible risks by automaticall closure of the trade when the determined level of ptential profit or loss it met.

The strategy is not only helpful for loss prevention but helps to eliminate the emotional impact on the trading outcome, so is crucial to be used, especially under uncertain trading conditions and volatility.

Forex No Stop Loss

Actually, it is possible to trade without using the forex stop loss strategy. Still, in this case the trading is considered very risky. The management of risks first of all means ensuring profitable trading.

The only solution not to face losses, is, at least to use hedging. Hedging also can act as a stop loss, meanwhile profit as the price moves upwards or downwards. Read more about Hedging Forex Brokers here.

Guaranteed Stop Loss Forex Brokers UK

There are some forex brokers in the UK that offer Guranteed stop loss. FCA regulation in UK does not require Gurantees on stop loss under any conditions. For this review we have tested a number of brokers to find which forex brokers with guaranteed stop loss UK are more favorable. Read more about Forex Brokers UK.

Based on our tests we have chosen the following brokesr:

City Index
OANDA
CMC Markets

Australian Forex Broker Guaranteed Stop Loss

When applying the stop loss guaranteed strategy, it is crucial to pay attention to the choice of the broker. Not all Australia brokers that we have examined and tested offering Guranteed Stop loss, that is why we recall checking trading conditions carefully. To get more insight read the Best Forex brokers Australia.

Based on our tests, we have picked two Australian forex brokers with guaranteed stop loss:

Pepperstone
ThinkMarkets

Tags Forex Brokers with Guaranteed Stop Loss

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Best Negative Balance Protection Forex Brokers 2025

Post author By George Rossi
Post date February 18, 2022
No Comments on Best Negative Balance Protection Forex Brokers 2025

For this list, we searched and tested several Negative Balance Protection Forex Brokers.
To select the best forex brokers with Negative Balance Protection we open real accounts and deposit between $4K -8k per account. We placed real trades in each popular market and tested different broker’s features, so as get an accurate picture about their level performance.
Also, we tested the work and dedication of the customer support team. We reached out to them to see how they solved the problems we had faced.
We handpicked the best Negative Balance Protection Brokers based on our trading data and experience as a trader.

What is Negative Balance Protection in Forex?

Negative balance protection is a feature that allows locking in the client’s account if his equity will drop under 0$.

Negative balance protection is also a kind of risk management tool allowing to protect your account from going negative in case you use leverage and Market went to negative trade on your account. However, only some brokers offer this service since is required by some regulations or laws. Negative balance protection has the following levels: full, partial or none.

Negative Balance Protection Forex Brokers with full Negative Balance protection
Brokers with Partial Negative Balance Protection
The broker does not offer a Negative balance protection feature.

How Negative Balance Protection Works?

Negative Balance protection secures trading accounts from going to negative. For example, if a trader has placed a trade with an initial margin of $5,000, but the market moved against them and left them with a total accumulated loss of $10,000 they would not be allowed to lose more than $5,000.

If there is any other case where the traders credit balance falls below zero (e.g. because of an error made by the trader) the broker provides the necessary funds in order to avoid negative balances. Note that Negative Balance protection does not cover professional traders in any case.

🔒 Negative Balance Protection	Provided by Regulatory requirement of by Brokers Conditions
🏦 Regulators with Negative Balance Protection	Europen ESMA, Australia ASIC
🛡️ Is It safe to trade	Yes
📊 Max. Leverage	Depends on Regulation (Europe 1:30)

Forex Brokers with Negative Balance Protection

For Negative Balance Protection Forex Brokers, most brokers do not offer Negative Balance protection, and only some brokers offer this service since is required by its regulations or laws. Also, some Brokers may not provide Negative Balance Protection but have Margin Calls that automatically closing all active positions, which is common among US Regulated Brokers.

So it is essential to check Brokers’ trading conditions before you trade with the Broker. Alike, all European Brokers due to ESMA regulation provide Negative Balance Protection, read more about CySEC Cyprus Brokers here.

Some of the best Negative Balance Protection Forex Brokers are:

eToro
Plus500
Pepperstone
FXTM
Admiral Markets

Best Overall Broker that offer Negative Balance Protection

We picked Tickmill as the best Overall broker for Negative Balance Protected account.

Tickmill, which operates under many licenses and is among Negative Balance Protection Forex Brokers excellent for trading on MetaTrader 4 and MetaTrader 5, good for beginners and bigger size traders.

Tickmill provides an excellent platform selection for traders who want to get into the world of cryptocurrency trading. It offers great indicators and charting tools that make analysis easy, as well as 85 different instruments including currency pairs or CFDs on indices/commodities alongside cryptocurrencies!

Best Negative Balance Protection FX Broker for Beginners

We picked eToro as the best trading platform with Negative Balance Protection.

eToro made its name in copy trading and is by far the best platform for beginners when it comes to copy trading services. It has a massive community of expert traders allowing their trading strategies to be copied by beginning traders. The broker maintains transparency and shows the expert traders’ trading history and experience level, along with other key parameters. See Copy Trading explained by brokertested.com

eToro is also a full brokerage and is licensed in the USA, the UK, Australia, and Cyprus provided with negative balance protection.

Best Metatrader 4 Negative Balance Protection Broker

We picked Capital.com as the best MT4 broker providing Negative Balance Protection.

Capital.com is a well-regulated and reputed broker that offers trading services on MetaTrader 4, so all of its resources are focused on one platform: MT4!

Capital provides access to almost four thousand different instruments for traders from around the world by providing them with forex (FX) or CFD products like stocks & futures contracts in various indices such as metals, but also including cryptocurrencies. See other MT4 forex brokers.

Best Low Spread Forex Broker with Negative Balance Protection

We picked Pepperstone as our favorite online trading broker with Negative Balance Protection with low spreads.

Australia-headquartered, it has licenses from the regulators in both Australia and abroad including Cyprus (EU), Bahamas(NA) and Kenya offering Protection from account going negative. The company offers services on MT4 forex platform which supports top indicators alongside 28 additional tools for analysis needs.

Besides, users can also trade market via cTrader if prefer use another platform provided with great educational materials.

Negative Balance Protection Forex Brokers List

We have created a list of all the FX brokers with Negative Balance Protection. We opened real accounts, deposited money into them and then traded until we had been withdrawn everything back from each one Broker to test the conditions.

Forex Broker	Negative Balance Protecion	About Our Test	Our Review
FBS	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	FBS Review
GO Markets	Yes	Deposit Amount: Over €4,500 Total Trade: 12 trades	GO Markets Review
Fortrade	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review
RoboMarkets (RoboForex)	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	RoboMarkets Review
IC Markets	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
FXTM	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
Capital.com	Yes	Deposit Amount: Over €3,500 Total Trade: 15 trades	Capital.com Review
FxPro	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
Pepperstone	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
Amana Capital	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
FxPro	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
XTB	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
eToro	Yes	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review
Tickmill	Yes	Deposit Amount: Over $8,000 Total Trade: 12 trades	Tickmill Review
Plus500	Yes	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review

FAQ and More Forex Negative Balance Protection

Traders often have many questions related to generic trading-related queries about Negative Balance Protection Forex Brokers. We’ve picked and answered some of the most important ones for you here.

Australian Forex Brokers with Negative Balance Protection

All Australian forex brokers, whether they are retail FX brokerages or CFD brokers have Negative Balance Protection in place, since it is a regulatory requirement demanded by the local regulator ASIC, applied since 2020.

This ensures traders never lose money when there is negative balance in their trading accounts (for example if they trade with 1:500 leverage for AUD 100 000) and the brokerage’s liquidity provider suddenly gets into trouble. Some great Australian trading platforms are:

Pepperstone
OANDA
Markets.com

US Brokers with Negative Balance Protection

Some US Forex Brokers offer Negative Balance Protection while some do not, since it is depending on the instrument and trading conditions of the instrument or Exchange itself.

Actually, there are many brokers who offer NBP but they do not use Negative balance protection as a term, however, most brokers apply margin call to all account types in the US, which closes automatically any active positions once limit is met.

Forex Brokers with negative balance protection accepting us clients are:

IG
InteractiveBrokers
TradingStation

Tags Negative Balance Protection Forex Brokers

Broker Categories

Best Forex Broker for Scalping 2025

Post author By George Rossi
Post date February 16, 2022
No Comments on Best Forex Broker for Scalping 2025

For this list, we have searched and tested several scalping forex brokers.
To select the best forex brokers for scalping we opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. Further, we placed real trades in each popular market to get the actual picture.
Also, we tested the work and dedication of the customer support team. We reached out to them to see how they solved the problems we had faced.
We handpicked the best scalping forex brokers based on our trading data and experience as a trader.

What is Scalping in Forex?

Scalping is the type of trading and trading Strategy, when traders open and close positions in markets in a really short span of time in order to profit from the trade, when the traders take advantage of the small changes in currency prices.

In scalping it is very important to establish and liquidate a position quickly; within minutes or seconds.
The number of scalping forex brokers tends to grow, as international traders show interest and demand towards the strategy.
However, some Brokers may restrict the use of the strategy

While choosing a scalping forex broker, it is essential to pay close attention whether the broker is trustworthy.

Among many things, picking zero spread forex brokers for scalping is wiser, as this way the transactions can be more profitable.

Often traders gain only a few pips from scalping, this is why scalping proves to be more profitable with larger capital and higher leverage. At last, non dealing desk brokers or ECN brokers are a better choice for traders who are interested in scalping.

Best Forex Scalping System

Traders that consider adopting scalping strategies, should bear in mind the advantages and disadvantages of the strategy, as well as understand the nuances of volatility and liquidity.

The good thing about scalping is since scalpers do not hold positions overnight, so Scalpers seek to capture smaller moves which happen most of the time, also allowing to gain on spread differences, or follow simplified market movements alike trade by simple follow of the trend or using only one of the indicators or tools. So scalping might require less comprehensive analysis and use of the tools compared to other strategies.

Actually, the best scalping system should be based on the traded instruments and on the market one operates.

Some of the best scalping systems are:

Trend Scalping
Indicator Scalping
Using Signal Parameters Tools
Multiple Chart Scalping

Best Forex Indicator for Scalping

With the right tools traders have better chances to profit from scalping strategies. The traders should have access with an up-to-date platform with good charting, that allows operating fast buying and selling, as well as offering good tools to create a good system.

There are different ways of performing scalping and using various indicators is just one of them. Besides, the combination and proper execution should be either tested thoroughly or the trader needs to find a working scalping formula.

There is an assumption that wider standard deviations are an indicator to increased volatility in the underlying market.
Moving averages is another indicator that is quite popular as it is easy to read. To determine the trend forex scalpers most commonly consider the shorter-term averages together with at least one longer average, this way indicating the trend.
Traders can use the mentioned indicators, together with a number of others, such as SAR and RSI, yet it is important to bear in mind that market factors can play a crucial role in scalping.

Best Forex Scalping Broker

To come up with the list of best scalping forex brokers we have concentrated on a number of factors, such as strict regulation and high rankings. We included in our list those scalping forex brokers that stood out during our testing.

Some of the best scalping forex brokers selected by us are:

Pepperstone
Roboforex
OANDA
Admiral Markets

However, while talking about the best forex scalping brokers, we cannot ignore the fact that there are a number of well-regulated high ranking brokers that do not allow scalping strategies.

Among the popular Brokers that Do NOT Allow Scalping are:

eToro
Trading 212
Plus500
GKFX

Best Overall Forex Scalping Broker

We have picked Pepperstone as the best overall scalping forex broker.

Founded in 2010, Pepperstone is an Australian Forex and CFDs broker. The broker holds licenses in Australia, the United Kingdom, Cyprus, Bahamas, the UAE and Kenya.

The broker offers a number of popular instruments: forex pairs, indices, stocks, commodities, cryptocurrencies and a currency index. For most instruments, Pepperstone charges low fees. The only exceptions are cryptocurrencies.

Our tests showed that Pepperstone spreads are lower than industry benchmarks. Anyway, Bitcoin spreads were more than double the industry average.

Best Scalping Forex Brokers for Beginners

We have picked RoboForex as the best scalping forex broker.

Founded in 2009, RoboForex operates worldwide through its two entities. The broker is regulated by the CySEC, FSC Belize.

RoboForex trading costs are mainly based on institutional tight spreads that start from 0 pips.

To be able to satisfy the needs and preferences of the clients, RoboForex suggests 6 account types; Pro Standard, Prime, Pro-Cent, ECN-Pro, R Trader.

The spreads the broker offers commonly depend on the account types; the higher the account size is, the better is the spread offering.

As to the trading platforms, clients can either choose the popular MT4 or MT5 platforms, or the broker’s proprietary platform – the cTrader platform.

At last, the broker offers a large number of tutorial videos, educational videos, and webinars. For beginners, there are also detailed educational articles. The large variety of materials makes the broker suitable for beginners.

Best Forex Scalping EA MT4 Broker

We have picked OANDA as the best EA MT4 scalping forex broker.

OANDA is regulated by CFTC, NFA, FCA, MAS, ASIC, IIROC. It offers trading with the most popular instruments: currency pairs, indices, commodities, bonds and metals, futures trading, commodities futures.

OANDA offers only standard accounts in order not to make differences between its traders. As to trading platforms, the broker offers the popular MT4 platform. It includes all the tools for exceptional execution, competitive spreads, support of EAs, scalping and hedging. Also, the broker has a proprietary platform – Oanda Trade.

Best Low Spread Forex Brokers Scalping

We have picked Admiral Markets as the best scalping forex broker with the lowest spread.

Admiral Markets is a global Forex and CFDs broker. It was founded in 2001. The broker holds licenses in Australia, the United Kingdom, Cyprus, and Estonia.

Admiral Markets offers a large number of instruments for Forex pairs, indices, stocks, commodities and cryptocurrencies.

As to the spreads, a thorough comparison of the spreads charged in our tests showed that they are considerably below the industry benchmarks. In fact, none of the broker’s average spread is above industry averages.

Scalping Forex Brokers List

Here is a list of scalping forex brokers that we have tested and reviewed.

Forex Broker	Test Details	Broker Review
FxPro	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
FBS	Deposit Amount: Over €5,000 Total Trade: 12 trades	FBS Review
AvaTrade	Deposit Amount: Over €4,000 Total Trade: 12 trades	AvaTrade Review
Pepperstone	Deposit Amount: Over €4,500 Total Trade: 12 trades	Pepperstone Review
Dukascopy	Deposit Amount: Over €5,000 Total Trade: 12 trades	Dukascopy Review
XTB	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
Admiral Markets	Deposit Amount: Over €4,000 Total Trade: 12 trades	Admiral Markets Review
CMC Markets	Deposit Amount: Over €5,000 Total Trade: 12 trades	CMC Markets Review
AxiTrader	Deposit Amount: Over €6,000 Total Trade: 12 trades	AxiTrader Review

FAQ and More on Forex Broker for Scalping

Traders usually have many questions related to generic trading-related queries. In an attempt to be helpful, we picked and answered some of the most important queries related to scalping forex brokers.

Forex Scalping Robot

Forex scalping robot is automated trading software which enables the traders to run scripts. This means, they can run automatic trades based on the pre-decided parameters.

While making use of the scalping robot, bear in mind that this is just a tool, and the outcome depends mainly on why you use it and how skillful you make use of it. In fact, to be able to use forex scalping robots, the traders can choose between the platform options below:

MetaTrader4
MetaTrader5
cTrader

Brokers allowing Scalping UK

It is very important to choose a well-regulated trustworthy broker for scalping strategies. The tools the brokers offer are also essential.

For this reason we have tested brokers allowing scalping in the UK and have come up with the following best scalping forex brokers UK.

IG Markets
Exness
FXFlat

Best US Forex Brokers for Scalping

There are many brokers that allow traders to use scalping strategies. However, it is very important to chose a broker paying attention that it is strictly regulated, has good offerings and favorable conditions.

Based on our tests we have picked the following best US brokers for scalping:

InteractiveBrokers
TradeStation
Forex.com

Tags scalping forex brokers

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Best Hedging Forex Brokers 2025

Post author By George Rossi
Post date February 16, 2022
No Comments on Best Hedging Forex Brokers 2025

For this list, we have searched and tested several hedging forex brokers.
We opened real accounts and deposited between $4,000 and $8,000 with each broker. Further, we placed real trades in each popular market to get the actual picture.
We also contacted the customer support team to see whether they are able to solve the problems we had faced.
We handpicked the best hedging forex brokers based on our trading data and experience.

What is Hedging in Forex Trading?

Hedging with forex is commonly used more as a protection strategy, and not as a main trading strategy. It is mainly used to protect the trader’s position from a disadvantageous move.

Most often Hedging is used as a short-term protection when the trader is worried about the market volatility.

There are several types of hedging. For instance, one of the most common types is taking an opposite position in the same currency pair. This can look like USD/EUR vs EUR/USD.

A number of financial risks can be protected by hedging, such as commodity risks, currency risks, volatility risks, etc. Read more about hedging.

Forex Hedging Calculator

For risk management and successful hedging it is advisable to use a Hedging Calculator for the purpose of counting the exact trading size.

A hedging calculator can allow the traders to find the specific amount that is harmless to stake on the hedge bet. This way, they can return the same amount regardless of the end result.

In case the odds are in the favor of the trader, the hedging calculator provides a guaranteed profit. To the contrary, if things are not favorable, it can help to limit the possible losses.

Is Hedging in Forex illegal?

Hedging in forex is generally legal and is seen as a legal trading strategy.

A great number of brokers around the world (EU, Australia, Asia) consider hedging legal. On the other hand, Brokers in the US do not normally allow hedging, as it is against the regulations. Also, there are some brokers worldwide that do not allow hedging due to the company rules.

The reason why some brokers ban hedging is the almost double costs of trading. Mostly, hedging is seen as a low-risk strategy that does not contain either great profits or losses.

Forex Hedging Software

As a strategy, Hedging can be traded manually or use automated tools or software like Hedging EA Robots, signals for hedging purposes.

Hedging robots, for instance, can be easily installed in the computer. Afterwards, traders just need to load it on the preferable number of currency pairs and the rest will be performed automatically.

The robots are capable of trading an unlimited amount of currencies at the same time. Automated tools help to operate trading almost without the trader’s interference. Read more about automated trading.

Best Forex Brokers for Hedging

When choosing a broker for your trades, it is rather advisable to be extremely careful whether the broker allows hedging or not. Sometimes, brokers can allow the hedging strategy, yet the use of the strategy may be restricted. For this, be careful, whether the broker you choose has the tools you need.

To help the traders orient which are the most trustworthy hedging forex brokers, we have come up with a list.

Based on our trading experience and the collected data, here are the Best Hedging Forex Brokers:

IC Markets
FXTM
Tickmill
Admiral markets

There are also Regulated brokers with excellent offerings that DO NOT allow Hedging or offer with certain restrictions. Among them are:

eToro
Plus500
GKFX

Best Overall Forex Hedging Broker

We have picked IC Markets as the best hedging forex broker.

Founded in 2007 IC Markets is a Forex and CFDs broker, headquartered in Australia. The broker holds licenses in Australia, Cyprus, Seychelles and the Bahamas.

IC Markets offers a great number of instruments in Forex pairs, indices, stocks, commodities and cryptocurrencies. The fees charged for trading Forex pairs, indices, commodities and cryptocurrencies are considerably lower than industry averages. The spreads charged on stock trades are close to the industry benchmark.

IC Markets offers 4 account types: the standard account, cTrader raw spread account, the raw spread account, and the Islamic account. Also, the broker offers swap-free Islamic Accounts to its Muslim clients.

As to the trading platforms, IC Markets offers both MT4 and MT5 platforms, also cTrader platform.

Best Hedging Forex Broker for Beginners

FXTM, also referred to as ForexTime, was founded in 2011. It is headquartered in Cyprus and is regulated in several jurisdictions such as the United Kingdom, Cyprus, South Africa, and Mauritius.

FXTM offers a wide range of instruments in forex pairs, indices, commodities, stocks, cryptocurrencies, spot metals, and also real stocks.

FXTM fees are built into the spreads but vary depending on the account types. Based on the trades with a standard account, FXTM spreads for forex and commodities are slightly higher than the industry benchmark.

FXTM is suitable for beginners as it offers a great number of educational materials: eBooks and trading guides, webinars, seminars, a forex glossary, video tutorials on trading.

FXTM also offers excellent market research tools that come in handy for the traders.

Best Forex Hedging EA MT4 Broker

We have picked Tickmill as the best forex hedging EA MT4 broker.

Tickmill is a global Forex and CFDs broker. It was founded in 2014. Headquartered in London, it holds licenses in the UK, Cyprus, South Africa, Seychelles, and Labuan (Malaysia).

In our testing with the broker we revealed that the spreads on stock indices is quite low, but the spreads on Forex and commodities are in-line with or slightly lower than the industry averages.

For those traders who prefer to conduct their trading through the popular MT4 platform, Tickmill is an excellent choice.

Best Low Spread Hedging Forex Broker

We have picked Admiral markets as the best low spread hedging forex broker.

Admiral Markets was founded in 2001. It is a global Forex and CFDs broker licensed in Australia, the United Kingdom, Cyprus, and Estonia.

Admiral Markets offers a vast number of instruments to traders in Forex pairs, indices, stocks, commodities and cryptocurrencies. Admiral Markets charges very low fees for its main instruments. Based on our tests, Admiral Market’s average spreads for the popular instruments are much lower than industry averages.

Hedging Forex Brokers List

Here is a hedging forex brokers list. We have tested and reviewed all of the brokers included in this list.

Forex Broker	Test Details	Broker Review
FxPro	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
Admiral Markets	Deposit Amount: Over €4,000 Total Trade: 12 trades	Admiral Markets Review
FXTM	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
Tickmill	Deposit Amount: Over $8,000 Total Trade: 12 trades	Tickmill Review
CMC Markets	Deposit Amount: Over €5,000 Total Trade: 12 trades	CMC Markets Review
IC Markets	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
Pepperstone	Deposit Amount: Over €6,000 Total Trade: 12 trades	Pepperstone Review
Markets.com	Deposit Amount: Over €4,000 Total Trade: 12 trades	Markets.com Review
Amana Capital	Deposit Amount: Over €5,000 Total Trade: 12 trades	Amana Capital Review
GO Markets	Deposit Amount: Over €4,000 Total Trade: 12 trades	GO Markets Review
ActivTrades	Deposit Amount: Over €5,000 Total Trade: 12 trades	ActivTrades Review
BlackBull Markets	Deposit Amount: Over €4,000 Total Trade: 12 trades	BlackBull Markets Review
ICM Markets	Deposit Amount: Over €5,000 Total Trade: 12 trades	ICM Markets Review
Capital.com	Deposit Amount: Over €3,500 Total Trade: 15 trades	Capital.com Review
Dukascopy	Deposit Amount: Over €4,000 Total Trade: 15 trades	Dukascopy Review

FAQ and More on Forex Brokers that allow Hedging

Traders usually have many questions on generic trading-related queries. We tried to pick and answer some of the most essential queries related to forex brokers that allow hedging.

Hedging Account Forex Demo

In order to avoid any future complications, it is better to check whether the brokers allow hedging or not. Moreover, it is really advisable to test on a Demo account, if the brokers give you such an opportunity.

Altogether, a demo account gives the traders a number of advantages:

A demo accounts helps to see the development of the price and foresee the risks in leverage
It gives some inside to the brokers trading conditions
Through a demo account the traders can develop their trading strategies

Forex Hedging USA

There is no US Forex Broker that allows hedging. Hedging is restricted as a trading strategy due to US regulations.

The traders in the US are barred from hedging on a legal basis. Worse, they are not even allowed to open accounts with any overseas broker. This way, they are prevented from applying hedging strategies in Forex altogether.

Brokers that allow Hedging in UK

There are a number of brokers in the UK that allow traders to use hedging strategies. However, it is of utmost importance to be extremely careful in picking a well-regulated broker with favorable hedging conditions.

We have tested a number of UK brokers and have come up with the list of the best hedging forex brokers in the UK.

FXTM
CMC Markets
FxPro

Tags hedging forex brokers

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Best Floating Spread Forex Brokers 2025

Post author By George Rossi
Post date February 11, 2022
No Comments on Best Floating Spread Forex Brokers 2025

For this list, we have searched and tested several forex brokers offering floating spreads across all markets.
We opened real accounts and deposited between $4,000 and $8,000 with each broker. Also, for the purpose of getting the actual picture, we placed real trades in each popular market.
To solve the minor issues we encountered, we reached out to the customer support team.
Based on our professional experience and the trading data, we handpicked the best floating spread forex brokers.

What is Floating Spread in Forex?

The trading costs, or in other words, the difference between the selling and the buying price is known as spread. There are two types of spreads; floating (variable) and fixed.

Floating or variable spread is the ever changing value that occurs between the ask and bid price. Floating spreads are totally dependent on the marketplace situation and the ongoing ask and bid prices.

Generally, floating spread forex brokers use market execution. These brokers offer tight spreads from 0 pips. However, depending on the market activity, spreads may jump up, sometimes even higher than the normal range of 0-4 pips.

What does Floating Spread mean?

So, what is a floating spread? By floating spread, we mean the constantly changing values between the ask and bid price. The floating spread, also known as variables, depends mainly on the situation in the marketplace.

Floating spread is characteristic to most interbank relations. Based on the market activity, the spreads may go up, sometimes much higher, exceeding even the average range.

While the demand for technological trading and strategies is growing, floating spread, alongside, is becoming more and more popular.

Fixed Spread vs Floating Spread

There are generally two main types of spreads that brokers offer; fixed and floating spreads (variables). The difference between these two offerings is that fixed spreads remain unchangeable under different marketing conditions. Variables, on the other hand, are mainly dependent on the marketplace situation, or, in other words, the current bid and offerings.

At present, the floating spread brokers are growing constantly. This is due to the increasing demand for technological trading or strategies performing automatic execution.

Still, fixed spreads are easier to calculate and they provide more stability. Fixed spreads remain stable under various market conditions, such as liquidity or volatility. Read more on best fixed spread forex brokers here.

Best Overall Live Floating Spread Account

The number of floating spread forex brokers is constantly growing. Anyway, the traders are advised to consider and choose the best option suitable for their trading strategies. Only strictly regulated forex brokers are able to provide a favorable trading environment.

Based on these facts, we have chosen XM as a broker with the best overall live floating spread account.

Founded in 2009, XM is a global Forex and CFD broker. The broker holds licenses in Australia, the United Kingdom, Cyprus, the UAE and Belize. The broker offers Forex pairs, indices, stocks, and commodities to traders. XM fees for Forex pairs, indices, stocks and commodities are either average or lower the industry benchmark.

As to account types, XM offers 5 accounts with different fee structures; XM Micro Account, Standard, XM Zero, XM Ultra-low and Shares accounts. XM also offers Islamic Forex Accounts to its Islamic traders.

Best Forex Floating Spread Broker for Beginners

We have picked IG as the best forex floating spread broker for beginners.

Firstly, IG is heavily regulated and holds a good number of licenses like FCA, ASIC, CFTC, DFSA, etc.

IG is great for a number of reasons, such as for its considerably low costs for Forex. Moreover, it has an excellent quality education section, selection of trading platforms and straightforward research tools.

IG markets is an excellent choice for beginners due to its demo account offering, a great number of tutorial videos and webinars. Besides, it is very easy to navigate through the information, as the learning materials are commonly separated into three levels – Beginner, Intermediate and Advanced.

Best Variable Spread Forex Brokers MT4

We have picked Markets.com as the best variable spread forex broker MT4.

Founded in 2008, Markets.com is a global Forex and CFDs broker. The broker is strictly regulated and has a number of licenses in the United Kingdom, Australia, Cyprus, South Africa, and the British Virgin Islands.

Markets.com stands out for the great number of instruments offerings in Forex pairs, indices, stocks, commodities and cryptocurrencies. Anyway, sometimes, Market.com charges higher spreads for the popular instruments.

Markets.com offers a number of trading platforms to its traders. Along with the popular MT4 and MT5 platforms, it also has two proprietary markets – Marketsx and Marketsi. Also, see other MT4 forex brokers.

Best Forex Broker with Lowest Floating Spread

We have picked Admiral Markets as the best forex broker with lowest floating spread.

Admiral Markets is a global Forex and CFDs broker. It was founded in 2001. The broker is licensed in Australia, the United Kingdom, Cyprus, and Estonia.

Admiral Markets offers a great number of instruments in Forex pairs, indices, stocks, commodities and cryptocurrencies.

The broker charges very low fees for the main instruments. In fact, the broker’s average spreads for the popular instruments are much lower than industry averages. For some account types, there are very low spreads with a commission, whereas, other account types have no commissions, yet they may have wider spreads.

Based on our tests, none of Admiral Markets’ average spread is above industry averages.

Floating Spread Forex Brokers List

Below is a list of floating spread forex brokers and the spreads charged by them on various markets, which we have tested and reviewed.

Forex Broker	Spread on EUR/USD	Spread on FTSE 100	Spread on Apple CFDs	Spread on Gold	Test Details	Broker Review
FxPro	1.55	1.7	0.6	3.1	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
FBS	1.13		1	4.6	Deposit Amount: Over €5,000 Total Trade: 12 trades	FBS Review
AvaTrade	0.87	1.17	2.1	3.67	Deposit Amount: Over €4,000 Total Trade: 12 trades	AvaTrade Review
Pepperstone	1.02	1	0.9	1.6	Deposit Amount: Over €4,500 Total Trade: 12 trades	Pepperstone Review
Dukascopy	0.8	1.2	1.97	3.48	Deposit Amount: Over €5,000 Total Trade: 12 trades	Dukascopy Review
Admiral Markets	0.6	0.8	0.8	2.9	Deposit Amount: Over €4,000 Total Trade: 12 trades	Admiral Markets Review
Markets.com	0.83	2.00	2.52	5.00	Deposit Amount: Over €4,000 Total Trade: 12 trades	Markets.com Review
XM	1.6	1.5	1.35	3.5	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
IC Markets	1.0	1.1	1.5	2.2	Deposit Amount: Over €5,000 Total Trade: 12 trades	IC Markets Review
GO Markets	1.02	4.00	–	2.43	Deposit Amount: Over €4,000 Total Trade: 12 trades	GO Markets Review

FAQ and More on Floating Spread Forex

There are usually a number of common questions that traders may have concerning the generic trading-related queries. We tried to pick and answer some of the most important queries related to floating spread forex brokers.

Variable Spread ECN

Many brokers offer their clients ECN accounts, together with the accounts with floating spread. ECN (Electronic Communication Network) is a bridging system that connects buyers and sellers. ECN brokers usually make money by charging a commission on each transaction. Generally, ECN brokers are also floating spread forex brokers, as ECN brokers do not offer fixed spread. This is due to the fact that ECN Brokers’ Fees are based mainly on Commission. For more insight, read our review on the best ECN forex brokers here.

Floating Spread Brokers Australia

We have picked Pepperstone as a Floating spread Forex broker Australia.

Founded in 2010 Pepperstone is an Australian Forex and CFDs broker. The broker holds licenses in Australia, the United Kingdom, Cyprus, Bahamas, the UAE and Kenya.

Pepperstone offers trades in forex pairs, indices, stocks, commodities, cryptocurrencies and a currency index. The fees are mostly low for all of the instruments it offers, except for cryptocurrencies.

Spreads charged by the broker are generally lower than industry benchmarks. Yet, it is noteworthy that the Bitcoin spreads are almost double the industry average. For more information read our review on the Best Forex Brokers Australia.

USA Forex Broker with Floating Spread

As USA floating spread forex brokers we have chosen two brokers: Forex.com and IG.

Both of the brokers are strictly regulated and hold a number of licenses. Both brokers offer low fees for most instruments. The brokers offer both fixed and floating spread. This depends upon the market the traders chose to trade.

Tags floating spread forex broker

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Best OTC Forex Brokers 2025

Post author By George Rossi
Post date February 10, 2022
No Comments on Best OTC Forex Brokers 2025

For this list, we have searched and tested several OTC forex brokers.
We opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. For the purpose of getting the actual picture, we placed real trades in each popular market.
We also reached out to the customer support team to solve the possible issues.
We handpicked the best OTC forex brokers based on our trading data and experience as a trader.

What is OTC?

OTC forex brokers are considered the most common providers of trading services. The OTC execution model suggests that the deals are performed through the counter. When it comes to bid and ask prices, OTC forex brokers act as market maker brokers. With these brokers, the trading is executed directly between two parties. In OTC trading the price is not always publicly disclosed.

OTC brokers conduct their trades with financial instruments, commodities, stocks and derivatives.

Which Brokers allow OTC Trading?

Generally, OTC trading is carried out by market-maker brokers. In order to choose a broker for OTC trading, the traders should go through the list of the best forex brokers. To select an OTC forex broker, it is important to pay attention to their availability, trading conditions, suggested instruments and trading platforms.

With OTC brokers the trading is between two parties, whereas stocks are passed through a dealer network. Some instruments, like stocks, are mostly traded on OTC.

Who are Best Brokers for OTC Trading?

When choosing OTC brokers, it is advisable to consider only well-regulated and authorized brokers. This way the traders can avoid unreliable brokerage offerings.

Based on our experience and collected data, we have selected the best OTC forex brokers:

IG Markets
AvaTrade
Plus500
XM
FXTM
Interactive Brokers

Best Overall OTC Forex Broker

We have picked AvaTrade as the best overall OTC forex broker.

Founded in 2006, AvaTrade is regulated in a number of jurisdictions, including Ireland, Australia, the UAE, Japan, South Africa, and the British Virgin Islands.

Starting as a retail forex trading platform, today AvaTrade offers trading with forex, indices, commodities, bonds, cryptocurrencies, stocks, and ETFs.

AvaTrade fees are built into the spreads; its spreads on forex, stocks, commodities, and cryptocurrency CFDs are rather attractive.

AvaTrade offers a single account type, though it also has Islamic trading accounts for the Islamic traders.

Best Brokers for OTC Stocks

We have picked Interactive Brokers as the best brokers for OTC stocks.

Interactive brokers started back in 1977. It is well-regulated by international regulatory bodies and holds a number of licenses: US SEC & CFTC, ASIC, FCA.

Interactive Brokers enables trades with multiple markets, as Stocks, Futures, Forex, CFDs, Warrants, Combinations, Bonds, Mutual Funds, Structured Products, Physical Metals, Inter-Commodity Spreads.

The fees are based on the commission charge per trade, also on the product you trade.

Best OTC Broker with MT4 Platform

We have picked Markets.com as the best OTC broker with MT4 platform.

Founded in 2008, Markets.com is a global Forex and CFDs broker. It holds licenses in the United Kingdom, Australia, Cyprus, South Africa, and the British Virgin Islands.

Markets.com offers thousands of instruments in Forex pairs, indices, stocks, commodities and cryptocurrencies. The spreads for popular instruments are generally higher than the average.

The trading conditions at Markets.com are favorable. The broker allows high-risk strategies, such as hedging and scalping.

The broker offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. It also has two proprietary platforms: Marketsx and Marketsi.

Best OTC Brokers with Lowest Spread

We have picked Admiral Markets as the best OTC forex broker with lowest spread.

Admiral Markets was founded in 2001. It is a global Forex and CFDs broker licensed in Australia, the United Kingdom, Cyprus, and Estonia. Admiral Markets offers thousands of instruments to traders in Forex pairs, indices, stocks, commodities and cryptocurrencies.

Admiral Markets charges very low fees for its trades. The spreads are also below industry averages.

Admiral Markets offers 5 account types with differing features. As to the trading platforms, the broker offers the popular MT4 and MT5.

OTC Brokers List

Here is a list of OTC forex brokers, which we have tested and reviewed.

Forex Broker	Test Details	Broker Review
FxPro	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
Admiral Markets	Deposit Amount: Over €5,000 Total Trade: 12 trades	Admiral Markets Review
AvaTrade	Deposit Amount: Over €4,000 Total Trade: 21 trades	AvaTrade Review
XM	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
CMC Markets	Deposit Amount: Over €5,000 Total Trade: 12 trades	CMC Markets Review
Plus500	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review
Go Markets	Deposit Amount: Over €4,500 Total Trade: 12 trades	Go Markets Review
GKFX	Deposit Amount: Over €5,000 Total Trade: 15 trades	GKFX Review
Fortrade	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review
Go Markets	Deposit Amount: Over €4,000 Total Trade: 12 trades	Go Markets Review
XTB	Deposit Amount: Over €5,000 Total Trade: 12 trades	XTB Review
AxiTrader	Deposit Amount: Over €6,000 Total Trade: 12 trades	AxiTrader Review

FAQ and More on Brokers that allow OTC Trading

Traders usually have many questions connected to general trading-related queries. We picked and answered some of the most important and common queries related to brokers that allow OTC trading.

What Brokers Trade OTC Stocks?

While choosing a broker, traders should pay close attention to a number of factors such as the available instruments, trading platforms, fees, etc.

For the traders interested in stocks, we have picked the best-regulated brokers that support OTC stocks:

IG
AvaTrade
Saxo Markets
Interactive Brokers

Best OTC Brokers Crypto

If you consider using OTC services for buying and selling cryptocurrencies, be sure to learn more about OTC brokers to avoid unpleasant surprises. When buying a large amount of cryptos, traders can often encounter a number of risks and problems. This is when OTC trading really comes in handy as it is available to only certain individuals and groups.

As the best OTC brokers Crypto we have picked the following brokers:

FXTM
IG
FBS

OTC Energy Brokers

Energy brokers act as intermediaries between energy suppliers and clients. Brokers do not have the authority to sell energy directly. They are simply representing the supplier’s rates.

As the best OTC energy brokers we recommend our following picks that we have tested and analyzed:

CMC Markets
XTB
Pepperstone

OTC Brokers UK

They are a considerable number of OTC brokers UK. Yet, when choosing a broker, it is important to pay attention whether it is strictly regulated or not and other factors that will ensure you that the brokers are trustworthy.

Based on our experience, we have stopped our choice on the following OTC forex brokers UK:

Plus500
XM
Admiral Markets
FXTM

OTC Brokers Canada

To pick the best brokers for OTC trading in Canada, we tested a number of brokers, examined their offerings, tools and reliability.

Based on our testing, we recommend the following brokers as the best OTC brokers Canada:

CMC Markets
Interactive Brokers
AvaTrade

OTC Europe brokers

There are so many brokers in Europe that offer OTC trading with attractive conditions. Anyway, it is essential to pay attention to the broker’s availability, suggested instruments, trading conditions and platforms.

Based on our tests we have come up with a list of the best OTC brokers operating in Europe:

IG Markets
XM
FXTM

Tags otc forex brokers

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Best Market Maker Forex Brokers 2025

Post author By George Rossi
Post date February 10, 2022
No Comments on Best Market Maker Forex Brokers 2025

For this list, we have searched and tested several market maker forex brokers.
To get the true picture, we opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. Also, for going deeper with our tests, we placed real trades in each popular market.
In order to solve the issues and minor problems that we faced, we reached out to the customer support team.
Based on our trading data and experience, we handpicked the best market maker forex brokers.

What is a Market Maker Broker?

Generally, market makers are large financial institutions or banks. Their main priority is to ensure there’s enough liquidity in the markets. They determine that there is enough trading volume, so that the trades are smooth and flawless.

The good thing about market makers is that they are willing to buy and sell; this means they sell to the client when the latter wants to buy, and they are ready to buy when the client is selling.

Can a Market Maker Act as a Broker?

Yes, actually a market maker can act as a broker.

First, it is important to note that market makers and brokers have an important and distinct place in the market. While market makers are commonly financial institutions and larger investment companies, brokers typically act to facilitate the sale of an asset to a buyer or seller. In other words, market makers establish quotes for the bid and ask prices, or buy and sell prices, while brokers are companies that provide traders access to the markets.

However, brokers can also act as market maker forex brokers. This is a huge incentive for the broker to ensure securities for which the firm also makes a market.

Are Market Making Brokers scam?

Market making brokers are not scam.

Usually, market maker forex brokers are heavily regulated. They are considered the most trusted companies. Their operations run from trusted corporations that tend to operate vast trading amounts and follow the stock exchange rules.

In fact, market maker forex brokers help to keep the market functioning.

Market makers act as wholesalers. They buy and sell securities to satisfy the market. It is noteworthy that they determine and reflect market supply and demand by the prices they set.

Market Maker vs ECN broker

Market maker forex brokers accommodate to create a market for investors for the purpose of buying or selling securities. They ensure there’s enough liquidity in the markets, which means there is sufficient amount of trading.

On the contrary, ECN connects brokerages and traders and broadens the liquidity of trades. This means, ECN brokers are non-dealing brokers and do not take any position against the trades of their clients.

Best Market Maker Forex Brokers

Based on our tests, we have come up with the best market maker forex brokers list:

FXTM
IG
Forex.com
GKFX
CMC Markets

Best Overall Market Making Broker

We have picked FXTM as the best overall market making broker.

FXTM offers trading services with forex pairs, indices, commodities, stocks, cryptocurrencies, spot metals, and real stocks.

The broker is regulated in several jurisdictions, such as the United Kingdom, Cyprus, South Africa, and Mauritius.

FXTM fees are commonly built into the spreads, however, they vary with the account types, which are two: standard and ECN accounts.

FXTM offers MT4 and MT5 trading platforms, also, their own proprietary mobile trading platform – FXTM Trader.

The broker also offers great market research tools and quality educational resources.

Best Market Maker Broker for Beginners

We have picked IG as the best market maker broker for beginners.

IG is heavily regulated and authorized and holds a number of licenses like FCA, ASIC, CFTC, DFSA, etc.

IG stands out for its trading conditions, low costs for Forex, also, quality education section, selection of trading platforms and excellent research tools.

IG markets is excellent for beginners as it offers a demo account, has various tutorial videos, webinars and live sessions. The learning materials are commonly separated into Beginner, Intermediate and Advanced levels.

Best Fixed Spread Market Making Broker

We have picked AvaTrade as the best fixed spread market maker broker.

AvaTrade is regulated in different jurisdictions, such as Ireland, Australia, the UAE, Japan, South Africa, and the British Virgin Islands.

The broker offers trades with forex, indices, commodities, bonds, cryptocurrencies, stocks, and ETFs.

Commonly, AvaTrade’s spreads for forex are below the industry average. The spreads on indices and commodities are also below the industry benchmark. Read more about fixed spread forex brokers.

Best Market Maker with Lowest Spread

We have picked Admiral Markets as the best market maker broker with the lowest spread.

Admiral Markets is a global Forex and CFDs broker founded in 2001.

Admiral Markets offers a great number of instruments: Forex pairs, indices, stocks, commodities and cryptocurrencies. According to our tests, spreads charged by the broker are below industry benchmarks.

Market Maker Brokers List

Below is an expanded list of market maker forex brokers:

Forex Broker	Test Details	Broker Review
FxPro	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
AvaTrade	Deposit Amount: Over €4,000 Total Trade: 21 trades	AvaTrade Review
XM Trading	Deposit Amount: Over €5,000 Total Trade: 12 trades	XM Review
Dukascopy	Deposit Amount: Over €4,000 Total Trade: 15 trades	Dukascopy Review
Vantage FX	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
Admiral Markets	Deposit Amount: Over €4,000 Total Trade: 12 trades	Admiral Markets Review
GKFX	Deposit Amount: Over €5,000 Total Trade: 15 trades	GKFX Review
Fortrade	Deposit Amount: Over €5,000 Total Trade: 12 trades	Fortrade Review
eToro	Deposit Amount: Over $6,000 Total Trade: 18 trades	eToro Review
Plus500	Deposit Amount: Over €6,000 Total Trade: 18 trades	Plus500 Review

FAQ and More on Broker Market Maker

Traders usually have many questions related to generic trading-related queries. We tried to pick and answer some of the most important queries related to the market maker forex brokers.

Futures Market Maker Broker

Futures are known as financial derivatives when interested parties come to an agreement upon buying or selling assets at some definite point in the future for a determined price.

Based on our tests, we have picked the following brokers as the best futures market maker brokers:

OANDA
Forex.com
IG

UK Market Making Brokers

Market Makers are usually considered the most trustworthy brokers in the UK. This is due to the fact that they run their operations from respected corporations with strict rules created immediately by the stock exchange.

We have selected the following brokers as the best UK market making brokers:

City Index
Vantage FX
Admiral Markets

Is IG US a Market Maker Broker?

Yes, IG US is a Market Maker Broker.

IG is a trusted broker being listed in Stock Exchange for extra transparency. IG offers great trading conditions and low costs for Forex. It has a professional education section, selection of trading platforms and straightforward research tools.

IG generally uses market makers for the pricing of some illiquid shares.

Is TD Ameritrade a Forex Market Maker Broker?

Yes, TD Ameritrade is a Forex Market Maker Broker.

TD Ameritrade is considered one of the oldest brokers, founded still in 1975, US. It is regulated by a number of top-tier authorities; SEC, FINRA and CFTC.

The broker has low trading fees. As to its trading platform, it is considered one of the best.

Tags market maker forex broker

Broker Categories

Best ECN Forex Brokers UK 2025

Post author By George Rossi
Post date February 4, 2022
No Comments on Best ECN Forex Brokers UK 2025

To come up with the list we have searched and tested a number of ECN forex brokers UK that offer ECN accounts.
For this purpose, we opened real accounts with each broker and deposited between $4,000 and $8,000. Further, to get the real picture of spreads we placed real trades in each popular market.
Also, we contacted the customer support team to solve the problems we had faced during the trades. At last, we checked the withdrawal process for any possible issues by withdrawing our funds.
We handpicked the best ECN forex brokers UK according to our trading data and experience.

What is ECN Broker UK?

ECN stands for Electronic Communication Network. ECN broker is the one that uses ECN technology. ECN bridges the members of the Forex market. Read more about ECN Forex Brokers.

ECN trading does not assume either cheaper trading, or zero spread trading. In fact, the costs are built into ECN fees. The latter are commonly charged by a broker as commission per lot traded. This means, there is no ECN broker with no commission.

ECN has a number of advantages that attract traders. Firstly, it gives privacy to them. Besides, ECN trading protects from price manipulation. Another pro is the 24/7 availability, that does not restrict the traders to certain hours.

ECN Forex brokers UK are regulated by the Financial Conduct Authority. It is known as one of the best financial regulators globally.

True ECN Forex Brokers UK

ECN forex brokers commonly display the best available bid/ask price to the traders and the trades are matched and executed automatically.

ECN Forex Brokers generally offer Interbank spreads starting from 0 pips. As trading fees the brokers charge a commission.

Anyhow, the overall trading price with ECN accounts is sometimes higher when compared with non-ECN brokers. This is due to the commissions charged by the ECN brokers. When you are dealing with a true ECN forex broker, your trades are executed quickly and with no re-quotes. Besides, with ECN forex brokers UK, there should scarcely be any slippage in the trades.

Here are some of the United Kingdom operating true ECN brokers:

LCG
FXTM
Vantage FX
INFINOX

Some of the key highlights of trading with ECN brokers:

🏦 Spread	Low spread starting at 0
📊 Commission	Mostly yes
🛡️ Trading Strategy	No Limit
🔒 Rejection	No
💰 Re-Quotes	No

Best ECN Forex Brokers in UK

To come up with the list of the best ECN brokers UK, we ran our own tests and reviewed a number of forex brokers. By opening real accounts, depositing money with each broker and placing real trades, we were able to accumulate information that is important for traders to consider.

We got a general understanding of the spread and commission, withdrawal and deposit terms, trading platforms, customer service and education.

Based on the collected data, we came up with the following list:

Vantage FX – Best Overall ECN Broker
Dukascopy – Best ECN Broker for Beginners
FXTM – Best ECN Forex Broker
INFINOX – Best ECN Broker with MT4
Moneta Markets – Best High Leverage ECN Broker

Best Overall ECN Trading Broker UK

We have picked Dukascopy as the best overall ECN trading broker UK.

Dukascopy is a Switzerland-based forex and CFDs broker, founded in 2004. It offers trading services with forex, indices, commodities, cryptocurrencies, and stock CFDs instruments.

Dukascopy is regulated in Switzerland, Japan and Latvia.

The broker stands out for its attractive trading conditions. It allows hedging and scalping. Moreover, it enables the traders to change leverage levels.

It has two main account types, yet it also offers Islamic, PAAM and Institutional accounts. Traders can choose between the MT4 trading platform and the broker’s Proprietary Platform – JForex.

Best ECN Broker for Beginners

We have picked FXTM as the best ECN broker for beginners.

ForexTime, better known as FXTM, was founded in 2011. The broker is headquartered in Cyprus.

FXTM is regulated in the United Kingdom, Cyprus, South Africa, and Mauritius.

The broker is suitable for beginners, as it offers a great number of valuable materials, such as eBooks, video tutorials, webinars and a lot more. Besides, FXTM offers a demo account, which is also a great advantage.

Top UK Forex Broker ECN MT4

We have picked GKFX as the best ECN broker with MT4.

GKFX is a United Kingdom-headquartered forex and CFD broker, offering services in various countries. It is strictly regulated in the UK, Malta, British Virgin Islands, Cambodia, and Australia.

The broker includes three retail brands: GKFX, GKFX Prime, and GKFX Cambodia.

GKFX offers its traders MetaTrader4 and MetaTrader5 trading platforms. Both platforms have web, desktop, and mobile availability. The primary platform, however, is considered MT4. Thus, traders can find all the main tools and features there.

Best Low Spread Brokers UK

We have picked FBS as the best low spread ECN forex broker UK.

Our tests proved that FBS spreads on forex, indices, and stocks are lower than the industry benchmark.

Also, FBS has other advantages that provide favorable trades. It has excellent educational materials, and its market research tools and features are very handy and useful.

With FBS the traders have a choice between choosing Meta4 or Meta5 trading platforms, according to their preferences.

At last, FBS offers the traders Cent and Micro accounts.

List of ECN Brokers UK and Review

Here is an extended list of ECN forex brokers UK, which we have tested and reviewed.

Forex Broker	ECN account	About Our Test	Our Review
Vantage FX	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	Vantage FX Review
FXTM	Yes	Deposit Amount: Over €6,000 Total Trade: 12 trades	FXTM Review
GKFX	Yes	Deposit Amount: Over €5,000 Total Trade: 15 trades	GKFX Review
FBS	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	FBS Review
RoboMarkets (RoboForex)	Yes	Deposit Amount: Over €5,000 Total Trade: 12 trades	RoboMarkets Review
INFINOX	Yes	Deposit Amount: Over €4,000 Total Trade: 9 trades	INFINOX Review
Dukascopy	Yes	Deposit Amount: Over €4,000 Total Trade: 15 trades	Dukascopy Review

FAQ and More on ECN Brokers

Traders may often have questions on generic trading-related queries. To be helpful, we have picked the most important and common ECN broker related queries.

UK based ECN Forex Brokers

The best thing about ECN trading is that ECN brokers do not typically take positions against the traders. They offer raw market spreads, and trading fees are made out of commissions.

We have picked several UK based ECN brokers. Some of the best among them are:

Pepperstone
AxiTrader
FXTM
Admiral Markets

MT5 Brokers UK

As the best MT5 ECN forex brokers UK we have come up with two brokers: GKFX and FXTM.

Both GKFX and FXTM are well-regulated brokers. Their trading fees are mostly built into spreads. FXTM fees can vary according to the account type.

ECN vs STP brokers

While talking about ECN vs STP brokers, we can point out their similarity as to using no dealing desk. Anyway, the brokers use different execution models. By saying STP execution, we refer that in filling orders there is no space for re-quote or delay. Whereas, ECN is more as a technology bridge to the market.

Best ECN Trading Platform

Actually, Interactive Brokers is considered the best choice for ECN trades. It offers an excellent proprietary platform. Its tools and features are straightforward and powerful, giving a lot of opportunities to the traders. What is more, the broker is known as ECN lowest spread broker UK.

Tags ecn forex brokers uk

Broker Categories

Best Fixed Spread Forex Brokers 2025

Post author By George Rossi
Post date February 3, 2022
No Comments on Best Fixed Spread Forex Brokers 2025

For this list, we have searched and tested several forex brokers offering fixed spreads across all markets.
We opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. We placed real trades in each popular market to get the real picture.
We also reached out to customer support to solve the problems we had faced.
We handpick the best fixed spread forex brokers based on our trading data and experience as a trader.

What is Fixed Spread?

The name Fixed Spread already suggests that it is fixed to a specific charge, which is unchangeable under any market conditions, such as volatility or liquidity. With Fixed Spread it is much easier to calculate the overall trading cost. Besides, it provides stability and more safety for the traders.

Generally, Fixed Spread offers a wider cost. This is due to the fact that the brokers include all the possible risks in their proposal, unlike the floating spread, which tends to change in accordance with the market conditions.

Is Fixed Spread Forex the best option?

Fixed Spread Forex has its own advantages. It is the best option for those traders who prefer stable market conditions and more predictable costs. This way, they are able to better develop their trading strategies. Moreover. Fixed spreads are more transparent and they protect the traders from volatility and liquidity. See Iran brokers that use the fixed spread model.

Variable vs Fixed Spread forex

Brokers commonly offer two main types of spreads: fixed and floating spreads (variable). While fixed spreads remain unchangeable under various marketing conditions, variables are determined by the marketplace situation, which depends on the ongoing bid and offerings.

Commonly, the Floating spread forex brokers use market execution and offer spreads that start from 0 pips. Under conditions of market activity, the spread might jump to higher figures, bigger than the average range of 0-4 pips.

The floating spread brokers are rapidly growing, due to the increasing demand for technological trading or strategies that perform automatic execution. However, fixed spreads bring more stability and are potentially easy to calculate.

Best Fixed Spread Forex Brokers

Most Fixed Spread Forex Brokers operate as Market Maker Brokers or OTC Brokers, so that to provide liquidity. Generally, the brokers offer Fixed Spreads for the benefit of their traders. However, it is wise to consider only well-regulated and authorized brokers, to avoid non-regulated brokerage offerings that may seem attractive, yet not reliable.

Some of the best Fixed Spread Forex brokers are:

AvaTrade
FBS
Pepperstone
FxPro

Best Overall Forex Broker with Fixed Spread

We have picked AvaTrade as the best overall forex broker with fixed spread.

AvaTrade is a Dublin-headquartered broker and is regulated in several jurisdictions, including Ireland, Australia, the UAE, Japan, South Africa, and the British Virgin Islands.

AvaTrade offers trading with forex, indices, commodities, bonds, cryptocurrencies, stocks, and ETFs.

The broker offers attractive spreads on forex, stocks, commodities, and cryptocurrency CFDs.

AvaTrade’s spreads for forex are below the industry average. The offered spreads on indices and commodities are also below the industry benchmark.

However, Cryptocurrency and stock spreads are above the industry average.

Best Forex Fixed Spread Broker for Beginners

We have picked FxPro as the best forex fixed spread broker for beginners.

FxPro offers favorable conditions for beginner traders.

The broker offers trading on industry-leading platforms, such as MetaTrader4 and MetaTrader5. It also has its proprietary platform that is also very clear and easy to use.

The broker offers quality educational resources to traders. Its educational section is divided for beginner and advanced traders.

FxPro offers the traders educational materials, such as text-based tutorials, video tutorials on trading, explainer videos for tools, and a demo account.

FxPro customer service is also great. The representatives promptly respond on both live chat and email with accurate and direct answers. The broker provides customer support in multiple languages.

Best Fixed Spread Forex Brokers MT4

We have picked FBS as the best MT4 fixed spread forex broker.

FBS offers trading services on MetaTrader4 and MetaTrader5 platforms and FBS Trader, available only on mobile. It offers a ton of useful tools and features for market research and analysis.

The Estonia-headquartered broker offers low spreads in the industry across all markets. Our tests found that the average spread on the EUR/USD pair was only 1.13 pips. It was 1.35 pips for FTSE 100. Gold spread is also below the industry average at 4.6 pips.

FBS is regulated in Belize, Cyprus, and Australia and offers trading services with forex, indices, commodities, and stocks, and cryptocurrency CFDs.

Best Forex Broker with Lowest Fixed Spread

We have picked AvaTrade as the best forex broker with the lowest fixed spread.

AvaTrade’s spreads for forex are below the industry benchmark. The offered spreads on indices and commodities are also below the average.

The broker offers attractive forex spreads: the EUR/USD pair averaged at 0.8 pips, 3.4 pips for Gold and 1 pips for FTSE 100.

Fixed Spread Forex Brokers List

Here is a list of fixed spread forex brokers and the spreads charged by them on various markets, which we have tested and reviewed.

Forex Broker	Spread on EUR/USD	Spread on FTSE 100	Spread on Apple CFDs	Spread on Gold	Test Details	Broker Review
FxPro	1.55	1.7	0.6	3.1	Deposit Amount: Over €5,000 Total Trade: 15 trades	FxPro Review
FBS	1.13		1	4.6	Deposit Amount: Over €5,000 Total Trade: 12 trades	FBS Review
AvaTrade	0.87	1.17	2.1	3.67	Deposit Amount: Over €4,000 Total Trade: 12 trades	AvaTrade Review
Pepperstone	1.02	1	0.9	1.6	Deposit Amount: Over €4,500 Total Trade: 12 trades	Pepperstone Review
Dukascopy	0.8	1.2	1.97	3.48	Deposit Amount: Over €5,000 Total Trade: 12 trades	Dukascopy Review

FAQ and More on Fixed Spread Forex

Traders usually have many questions related to generic trading-related queries. We tried to pick and answer some of the most important queries related to fixed spread forex brokers.

Forex Fixed Spread ECN

There is no ECN Forex Brokers offering Fixed Spread. ECN Broker Fees are mainly based on Commission. On the other hand, Fixed Spread is offered only by the Brokers that maintain Market Marking executions.

Fixed Spread Forex Broker Australia

We have picked GKFX as a Fixed spread Forex broker Australia.

GKFX is a forex and contracts for differences (CFDs) broker, authorized and regulated in UK, Malta, British Virgin Islands, Cambodia, Australia.

GKFX spreads on forex, indices, commodities, and cryptocurrency CFDs are lower than the industry average. The average spread is 1.2 pips.

USA Forex Broker with Fixed Spread

We have picked Forex.com as a USA Forex broker with Fixed Spreads.

Forex.com is a part of GAIN Capital Holdings Inc which is a publicly-traded company that provides online trading.

FOREX.com offers both fixed and variable spreads, depending on the market you wish to trade. Therefore, you may choose the suitable option and engage into trading with or without commissions.

Forex Broker 1 pip Fixed Spread

We have picked Swissquote as a Forex broker with a balanced fixed spread proposal.

Swissquote spreads are different and are not fixed to 1 pip for all instruments, actually, none of the brokers provide 1 pip offering, each instrument has its own fixed spread conditions, which also may change due to brokers terms and conditions.

Swissquote Group Holding Ltd is Switzerland’s leading provider of online financial and trading services. It has its headquarters in Gland (VD) with offices in Zürich, Bern, Dubai, Malta, Hong Kong and London.

Tags fixed spread forex broker