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Best Forex Brokers Ireland 2022

To come up with this list, we have tested forex brokers Ireland.

We opened a real account and deposited between $4,000 and $6,000 with each broker. After that, we placed real trades in each popular market to get the actual picture. 

Afterward, we reached out to the customer support team to see if they were able to solve our issues. Finally, we withdrew our funds to check the withdrawal process.

We handpicked the best forex brokers Ireland based on our trading data and experience as a trader.

Is Forex Trading Legal in Ireland?

Ireland is an island situated in the North Atlantic Ocean. It is located in north-western Europe. The country’s population is over 5 million. Ireland’s economy is in constant growth and development, thus making it one of the leading economies in Europe. The country depends mostly on its agriculture and industrial sectors and tourism. Ireland is especially a leading exporter of medical products and IT technology.

The country’s Stock Exchange is considered the fifth largest worldwide. Ireland’s currency is Euro. Still in 2003, the country made a shift from pound to EUR.

Forex trading in Ireland is legal and available. The market is regulated by the Central Bank of Ireland. The main function of the bank is to ensure the monetary stability in the country and make sure to serve the best interests of the consumers and the country’s economy.

The official website of the Central Bank of Ireland is www.centralbank.ie.

However, as Ireland is an EU member, it also complies with the same laws and rules that are general for all the EU member countries. Thus, the market follows the MiFID II rules and regulations. Read more about MiFID II on the Wikipedia page.

EU Finance Market Authority (ESMA) was also created to protect forex traders. With ESMA’s laws, the traders stand on safer ground. Visit the ESMA official website here.

🏦RegulatorThe Central Bank of Ireland
🛡️Is It safe to tradeYes
🔒Negative Balance ProtectionYes
💰Compensation SchemeYes
📊 Maximum Leverage1:30

Best Forex Broker Ireland

Finding forex brokers Ireland is quite easy. There are many brokers located in the country and fall under local regulation. Anyway, being a member of the EU, almost all the European forex brokers are available in the country for safe and profitable trading. We recommend signing with only trustworthy and regulated brokers, as money safety in forex trading goes first.

When choosing a forex broker Ireland, we advise traders to pay attention to several important aspects. First, check whether the payment methods offered by the broker are available for Ireland traders. Besides, check also the availability of the customer support. Find out whether the broker provides customer support in your preferred language.

To select the best forex brokers Ireland, we have reviewed many regulated forex brokers. Based on our research, we have come up with a list of the best forex brokers for traders from Ireland:

  • Go Markets – Best Online Broker Ireland Overall
  • Tickmill – Best brokers for Beginners in Ireland
  • Pepperstone – Best Broker for OTC Stocks Ireland
  • FXTM – Best Irish Brokers with Low Spreads
  • Vantage FX – Best Spread Betting Brokers Ireland

Best Online Broker Ireland Overall

We picked Go Markets as the best online forex broker Ireland overall.

GO Markets was founded in 2006. It is a global forex broker, headquartered in Australia. Go Markets is tightly regulated with licenses in Australia, Cyprus, the UAE, Mauritius, and Seychelles. With the broker, clients have access to the following markets: Forex pairs, indices, metals, commodities, and shares.

GO Markets has 3 main account types: the Standard account, the GO Plus+ account, and the Pro account. GO Markets offers free and fast deposits and withdrawals via bank transfers, credit and debit cards, and e-wallets such as Skrill, PayPal, and Neteller. GO Markets offers the popular MT4 and MT5 platforms.

The broker offers great trading conditions. It allows high-risk strategies such as hedging and scalping. Moreover, the broker allows traders to run automated strategies, such as Expert Advisors (EAs).

Go Markets is also quite good at providing education material. The section includes a Forex Trading Handbook that offers an introduction to the Forex markets for beginner traders, also, MT4 tutorials to be able to navigate the platform.

Best Brokers for Beginners in Ireland

We picked Tickmill as the best forex broker Ireland for beginners.

Founded in 2014 Tickmill is one of the best CFD brokers, based in London. Tickmill is licensed in multiple jurisdictions: the UK, Cyprus, South Africa, Seychelles, and Labuan (Malaysia). Trading with Tickmill is possible in the following markets: Forex, Commodity, Indices, and Bonds.

Tickmill offers various funding methods, including debit/credit cards, bank transfers, and e-wallets such as Skrill, and Neteller.

The broker offers 3 main account types: the Pro, Classic, and VIP accounts. As to the trading platforms, clients do not have much choice. It offers only an MT4 platform to conduct the trades.

We have picked Tickmill as the best forex broker Ireland for beginners. Its education section is quite diverse with webinars, seminars, ebooks, video tutorials, forex glossary, fundamental analysis, technical analysis, market insights, and infographics.

Best Broker for OTC Stocks Ireland

We picked Pepperstone as the best OTC Stock forex broker Ireland.

Founded in 2010 Pepperstone is an Australian Forex and CFDs broker. It is regulated in several jurisdictions: Australia, the United Kingdom, Cyprus, Germany, Bahamas, the UAE, and Kenya. Pepperstone has the following offerings: forex pairs, indices, stocks, commodities, ETFs, cryptocurrencies, and a currency index.

Pepperstone offers 2 account types: the Razor and Standard accounts. To fund their trading accounts, the broker enables its clients to choose one of the following methods: bank wires, credit and debit cards, and e-wallets such as PayPal. Pepperstone offers the popular MT4 and MT5 platforms to its clients, as well as TradingView and the cTrader platform.

We have chosen Pepperstone as the best OTC stock broker, as its offerings are diverse and favorable, suitable for profitable trading.

Best Irish Brokers with Low Spreads

We picked FXTM as the best low spread forex broker Ireland.

FXTM is based in Cyprus and was founded in 2011. It has multiple licenses in the United Kingdom, Cyprus, South Africa, and Mauritius. With FXTM clients have access to multiple trading instruments: forex pairs, indices, commodities, stocks, cryptocurrencies, spot metals, and real stocks.

The broker has several account types: Standard Account, Cent Account, and Stock CFDs Account. This is one of the leading cent account brokers with favorable offerings. FXTM offers its clients the popular MT4 and MT5 platforms to conduct their trades.

As to the account funding, the broker offers various payment methods: wire transfers, credit cards, local bank transfers, and popular e-wallets like Skrill, Neteller, and Paypal.

We have chosen FXTM as the best low-spread forex broker Ireland as the broker’s spreads are either lower than the industry average or in line with the average industry benchmark. Read more about the Lowest Spread Forex Brokers.

Best Spread Betting Brokers Ireland

We picked Vantage FX as the best spread betting forex broker Ireland.

Vantage FX is a forex and CFDs broker founded in 2009. It is headquartered in Sydney, Australia. The broker is tightly regulated with licenses in multiple jurisdictions: the United Kingdom, Australia, Vanuatu, and The Cayman Islands. Vantage FX offers various tradable instruments: forex, indices, commodities, cryptocurrencies, and shares CFDs.

The broker has several account types: Raw ECN, Standard STP, and Pro ECN. With Vantage FX clients can conduct their trades on MetaTrader 4 and MetaTrader 5 platforms.

Based on our research we found that Vantage FX is one of the best spread betting forex platforms.

Ireland Forex Brokers List

We have tested many regulated and trustworthy forex brokers Ireland. Based on our research, we have come up with a list of available forex brokers Ireland.

Ireland Forex BrokerAbout Our TestOur Review
Plus500Deposit Amount: Over €6,000
Total Trade: 18 trades
Plus500 Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades
Pepperstone Review
ICM Capital Deposit Amount: Over €5,000
Total Trade: 12 trades
ICM Capital Review
eToroDeposit Amount: Over $6,000
Total Trade: 18 trades
eToro Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
Admiral MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades
Admiral Markets Review
FP MarketsDeposit Amount: Over €6,000
Total Trade: 12 trades
FP Markets Review
Trading 212 Deposit Amount: Over €5,500
Total Trade: 15 trades
Trading 212 Review
ActivTradesDeposit Amount: Over €5,000
Total Trade: 12 trades
ActivTrades Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
FxProDeposit Amount: Over €5,000
Total Trade: 15 trades
FxPro Review
DukascopyDeposit Amount: Over €4,000
Total Trade: 15 trades
Dukascopy Review
IC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
IC Markets Review
TickmillDeposit Amount: Over $8,000
Total Trade: 12 trades
Tickmill Review
Amana CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades
Amana Capital Review

FAQ and More on Forex Trading Brokers in Ireland

Traders usually have many concerns and questions related to forex trading in Ireland. In an attempt to be helpful we picked and answered some of the most essential questions related to forex brokers Ireland.

How to Verify Ireland Regulated Forex Brokers?

There are several options to verify an Ireland forex broker. The most common way for verification is to check the information on the regulator’s website. As previously has been mentioned, in Ireland forex market is regulated by the Central Bank of Ireland.

However, being an EU member, Ireland also follows ESMA’s regulations. Generally, ESMA lists all the regulated and available forex brokers on its website.

In addition, there is another way to verify a forex broker Ireland. You can just visit the broker’s website and see whether it offers services in your region. Almost all brokers mention on their websites the available and restricted regions.

Ireland Best Broker for Day Trading

Day traders buy and sell financial instruments within the same trading day, and before the market closes all the positions should be closed.

Based on our tests we have come up with the following day trading forex brokers Ireland:

  • Pepperstone
  • XTB
  • AvaTrade

Best Cryptocurrency Brokers Ireland

The regulating body in the country – the Central Bank of Ireland has issued warnings concerning crypto-asset investment. Although, there is no official prohibition or ban as such, however, cryptocurrencies are still not encouraged. We recommend conducting your own research before starting your trades.

Tax for Forex Trading in Ireland

In Ireland forex trading is taxable. All the profits gained from CFD trading are subject to taxation. They are taxed as capital gains at the rate of 33%. On the other hand, spread betting profits are not liable to taxation.

We reccomend Ireland traders to be very careful and responsibile for filing tax forms to the country’s relevant institution. If they fail to do so, they may face fines and penalties.

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Best Forex Trading School Sri Lanka 2022

For this list, we have searched and tested popular Forex Trading Schools Sri Lanka available both online and offline.

We have enrolled with several online trading webinars, seminars, and trading school programs that are provided by different Forex trading schools available in Sri Lanka. We have completed the trading courses and programs, webinars and checked the quality of its service fully.

At last, based on our experience we have picked the Best Forex Trading School in Sri Lanka available to both beginner and advanced traders. 

What is Sri Lanka Forex School?

Forex trading schools in Sri Lanka might not be very widely presented, also, Sinhalese traders should check well whether they can sign with other international trading schools. Mainly, Forex brokers available in Sri Lanka provide good educational materials for traders and run a great number of seminars, webinars, and courses on the topic.

For beginners, it is advised to take beginners course to get a general knowledge about markets and then select the best trading school and find a course that will cover your trading need.

Forex trading is mostly regulated by the Central Bank of Sri Lanka. The brokers that operate in the country should be registered by the Bank. However, the Forex trading sector in Sri Lanka is directly regulated by the Exchange Control Department. Due to the laws imposed by the local regulator, some brokers might be restricted for Sri Lanka residents. However, there are still trustworthy brokers that offer their services to Sri Lanka traders. Read more about Sri Lanka Forex Brokers here.

The characteristics of a good Forex Trading School in Sri Lanka are:

👨‍💻 SchoolReputable School with Expert Instructors
📈 EducationOnline Course
In-Class Lessons
🔎 CourseBeginners Course
Advanced Course
Macro Course
Live Streaming
🏛️ Quality
Well Structured Material
Good Access to Resources
Live Trade Demonstrations
Demo Account
📑 Free Materialse-Books
Guides
Intro Videos
🚀 CoachingPersonal Lessons
One-on-One Coaching
💸 FeeFree Materials
Prepaid Courses
Monthly Subscription

Best Forex School Online in Sri Lanka

We tested several Forex trading courses offered by both Forex trading schools and Brokers available for Sinhalese traders, and picked these as the best:

All these trading schools and brokers offer comprehensive courses covering all the aspects of Forex trading, and the financial market from basic to advanced strategies.

Best Forex Trading Courses Sri Lanka

While looking for Forex trading schools and courses in Sri Lanka to get started, traders are highly recommended to learn only from reliable and popular firms, and never use any education materials as trading advice. You can also find some Forex brokers that run seminars, too and have good educational materials.

For our list, we selected free and paid courses with quality education and materials suitable for various level traders.

School Name LocationCourse Course Cost Course Duration  Free Materials 
Tik ForexAvailable in Sri LankaAdvanced Forex Trading Course$250On-Demand
Traders’ AcademyAvailable in Sri LankaOptions Trading CoursesFreeOn-DemandYes
CME GroupAvailable in Sri LankaFutures Trading CoursesFreeOn-DemandYes
XMAvailable in Sri LankaForex Trading CoursesFreeOn-DemandYes
Crypto Nation AcademyMirigamaCrypto Trading Course$60Two Weeks
Admiral Markets Available in Sri LankaZero to Hero Forex Trading CourseFreeOn-DemandYes
FXTMAvailable in Sri LankaForex Trading CoursesFreeOn-DemandYes

Sri Lanka Forex Trading School Online Free

There are a variety of online Forex trading schools and brokers available in Sri Lanka offering free courses on the topic. Whether you are a beginner or an experienced trader, you can always find a course that meets your needs and gives you the foundation you need to start trading in the Forex market. Here we picked some of the more popular Forex trading education providers with free courses:

  • XM – Best Free Financial Trading Courses
  • Traders’ Academy – Best Free Courses from Beginner to Advanced Level
  • Admiral Markets – Best Free Online Forex Trading Courses
  • CME Group – Best Free Futures and Options Trading Courses

FAQ and More on Sri Lanka Forex Trading Learning

There are many Forex trading school-related questions that both beginners and experienced traders have. Here we answer some of the common questions related to Forex trading learning in Sri Lanka.

The Forex trading market offers many trading school options for Sinhalese traders. Each trading school has its advantages and disadvantages. You just need to consider your own goals and objectives before deciding which one is right for you.

Sri Lanka Online Day Trading Schools

Day trading is a strategy requiring traders to buy and sell financial instruments within a day. It is also considered a highly risky investment strategy, and traders must be aware of the potential risks before they begin trading. One of the biggest risks associated with day trading is the possibility of heavy losses in a short period as day traders typically buy and sell assets within a single day, and they may not have the time to wait for prices to recover from a sudden drop.

Another risk is that the day traders may become too emotionally attached to their positions and may hold onto losing positions for too long. Even if there are brokers or individuals offering day trading education in Sri Lanka we advise avoiding it due to the high risks of losing money involved.

Binary Options Trading School for Sri Lanka

Binary Options are financial products requiring traders to speculate if the price of the underlying assets will either go up or down. The products usually have an expiry date and/or time, and provide fixed returns if the asset price moves in favor of the trader.

There might be some offshore brokers offering this trading instrument, binary options schools, and courses in Sri Lanka, however, we do not recommend trading and learning them since binary options are forbidden by most regulators worldwide, due to high risks and lack of transparency. Read more about binary options in our article.

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Best Forex Broker for Professionals 2022

For this list, we have reviewed and tested several forex brokers professionals.

We have opened live accounts and deposited between $4,000 and $8,000 in our accounts. Then we placed real trades to see how the spreads will work out. Also, we contacted each broker’s customer team to resolve issues with deposit and withdrawal processes.

We have picked the best forex brokers for professionals based on our trading data and experience as traders.

What is a Professional Forex Trading?

A professional forex trader specialises in the financial market and is engaged in trading as a full-time job making it his primary source of income. Professional traders work either in banks, hedge funds, or individually. The conditions are similar to that of a large account but with way more benefits.

  • Once the traders have claimed their professional status, they will have full access to advanced tools and instruments, like advanced algorithms or high leverage trading. Also, traders will be able to trade more than 1 lot.
  • Some brokers will offer special Pro account types with real Futures trading either with Mini or Full lot.
  • In most cases, traders will be required to open an account with a minimum deposit of $5,000. However, each broker has its own vision of what is considered a large trading account. For example, Us brokers typically require larger deposits. But overall, the bigger the deposit the better the exposure to that market traders will get.

To become a professional forex trader one needs to meet certain criteria depending on each broker’s offering. But overall, traders should have already placed a particular size of transaction and have at least 1 year of experience, and have a trading portfolio.

Best Brokers for Forex Professional Trading

For this list of brokers for professionals, we searched and tested several forex brokers. We deposited money in our trading accounts and placed real spreads to see the complete picture of the conditions, spreads charged, and deposit/withdrawal processes.

  • Interactive Brokers – Best Forex Broker for Professionals Overall
  • TradeStation – Best Professional Forex Trading Platform
  • Forex.com – Best Broker for Professional Forex EA
  • IG – Best Broker with Professional Forex Services

Best Overall Broker for Professional Trading

We picked Interactive Brokers as the best forex broker for professional trading.

Interactive Brokers is a market-leading Forex and CFD broker delivering top-notch trading opportunities in more than 135 markets across the globe. The broker provides access to advanced trading tools from one integrated account.

Interactive Brokers offers professional traders advanced trading conditions with fast execution low spreads and outstanding algorithmic trading features.

Best Professional Forex Trading Platform

We chose TradeStation as the best forex trading platform for professionals.

TradeStation is one of America’s most trusted brokers. It was founded in 1982 and has been regulated by both the SEC as well as FINRA ever since, which means that traders can trade with confidence knowing their funds are protected by up to $500,000 per account.

TradeStation is a pro-level trading platform that provides fast, reliable order execution with exceptional charting and technical analysis tools. It also features an industry-leading 99% uptime rate.

Best Broker for Professional Forex EA

We picked Forex.com as the best broker for professionals EA forex trading.

Forex.com is an established global online broker that caters to individuals seeking the Retail FX and CFD markets, with over 10 years of experience providing customers access across the globe. It offers competitive spreads across all major currencies with low spreads and zero trading fees.

The broker offers a range of instruments in forex, indices, cryptos, and commodities with excellent trading conditions allowing traders to use advanced tools, technical analysis features and EA trading.

Best Broker with Professional Forex Services

We picked IG as the best forex broker for professional forex services.

Founded in 1974, IG is a global CFD provider with over 178,000 clients across the globe, an extensive product catalogue, competitive fees, longstanding business operations, and an excellent industry reputation.

The broker provides excellent extra trading conditions for those who claimed their professional status. It offers a personal account manager, various trading discounts active trade programs and access to premium tools.

List of Forex brokers for Professional Traders

Apart from the short-listed brokers, here’s a list of forex brokers for professionals.

Forex BrokersTest DetailsBroker Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades
Pepperstone Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
Vantage FXDeposit Amount: Over €5,000
Total Trade: 15 trades
Vantage FX Review
FxProDeposit Amount: Over €5,000
Total Trade: 15 trades
FxPro Review
DukascopyDeposit Amount: Over €4,000
Total Trade: 15 trades
Dukascopy Review
FP MarketsDeposit Amount: Over €6,000
Total Trade: 12 trades
FP Markets Review
Plus 500Deposit Amount: Over €6,000
Total Trade: 18 trades
Plus500 Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
Trading 212Deposit Amount: Over €5,000
Total Trade: 15 trades
Trading 212 Review
ThinkMarketsDeposit Amount: Over €5,000
Total Trade: 15 trades
ThinkMarkets Review
IGVisit IG
Interactive BrokersVisit Interactive Brokers
Forex.comVisit Forex.com

FAQ and more on Large Account Trading

When it comes to forex brokers for professionals, traders may have many questions. To be helpful, we picked and answered some of the most essential queries related to brokers for professionals.

Best Professional Forex Indicators

Indicators are mathematical calculations that can be used to identify signals and trends in the market. They’re plots on a price chart, with indicators ranging from simple moving averages all the way up through more sophisticated ones such as percentiles or Fibonacci retracements.

The choice of indicators depends on the system and trading strategy traders choose. Here are some of the pro indicators:

  • Moving Average Line.
  • Moving Average Convergence Divergence (MACD)
  • Relative Strength Index (RSI)
  • Average True Range ( ATR )
  • Stochastic Oscillator

Professional Forex Trading Strategies

Forex traders use a variety of techniques to make decisions on when they should buy and sell currencies. Mostly none of the professionals will share the detail of their trading strategy, however, some might offer education and allow subscriptions typically paid to teach the strategy.

Here are strategies most used by pro traders: for large volume trades:

  • pattern trading
  • trend trading
  • reverse trading

Professional Forex Signal Providers

The Forex signals are a set of indicators that may suggest entering trades on currency pairs. They can be generated either by human analysts or automated robots.

The choice of signal providers also depends on the system and strategy. Here’s the list of some of pro signals:

  • Average True Range (ATR)
  • Moving average convergence/divergence or MACD
  • Fibonacci
  • Relative Strength Index (RSI)
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Best Forex Brokers Israel 2022

To come up with this list, we have tested forex brokers Israel.

We opened a real account and deposited between $4,000 and $6,000 with each broker. Afterward, we placed real trades in each popular market to get the accurate picture. 

Then we contacted the customer support team to see if they were able to solve our problems. At last, we checked the withdrawal process by withdrowing our funds.

We handpicked the best forex brokers Israel based on our trading data and experience as a trader.

Is Forex Trading legal in Israel?

Israel is located in Western Asia. It neighbors Lebanon, Jordan, Syria, and Egypt. The economic center of the country is the capital city – Tel Aviv. In the Middle East and Western Asia, Israel is considered to be the most developed and advanced country.

The country is known for its high-quality education. Though Israel does not stand out for its natural resources, the country has concentrated on its agriculture and industrial sector, promoting the country’s economic state. Israel is among the countries with the highest standard of living in the Middle Eastern region. The Israeli national currency is the Israeli Shekel.

In Israel forex trading is legal. Back in the 2000s, forex trading was not very popular in the country. It was not properly regulated. However, in 2015, the country introduced new rules and regulations, making forex trading legal and safe. Today, many forex brokers strive to get a local license.

The market is regulated by the Israel Securities Authority (ISA). The regulation is quite tight, and only trustworthy brokers are eligible to get licenses. Read more about the regulator on the Wikipedia page.

The official website of the Israel Securities Authority is www.isa.gov.il

🏦RegulatorThe Israel Securities Authority
🛡️Is It safe to tradeYes
🔒Negative Balance ProtectionNo
💰Compensation SchemeNo
📊 Maximum Leverage1:30

Best Forex Brokers in Israel

Finding forex brokers Israel has become quite easy recently. Although the sector is regulated quite tightly in the country and getting a local license is not that easy, still many international brokers accept traders from Israel. However, there are some international brokers that do not accept traders from Israel so you should check conditions well.

There are brokers that are based in the country, falling under local regulation, and there are international brokers that accept Israeli traders. In trading, money safety goes first, thus we recommend signing only with reliable and trustworthy firms with favorable offerings.

When choosing a forex broker Israel, we advise traders to first pay attention to the broker’s payment methods. Always check whether the payment methods offered by the broker are available in Israel. Another essential aspect is customer support. Traders should make sure that the broker provides customer support in the preferred language.

To select the best forex brokers Israel, we have reviewed many regulated forex brokers. Based on our research, we have come up with a list of the best forex brokers for traders from Israel:

  • Plus500 – Best Online Broker Israel Overall
  • eToro – Best Forex Broker for Beginners Israel
  • FP Markets – Best Metatrader 4 Broker Israel
  • Admiral Markets – Best Low Spread Forex Broker for Israel
  • Vantage FX – Best Stock Broker in Israel

Best Online Broker Israel Overall

We picked Plus500 as the best online forex broker Israel overall.

Founded in 2008 Plus500 is headquartered in Israel. The company is listed on the London Stock Exchange. The broker holds licenses in the United Kingdom, Cyprus, Seychelles, Singapore, and Australia. It is a forex and CFDs broker offering services in the following markets: stocks, indices, cryptocurrencies, ETFs, and options.

The broker mostly offers fixed spreads rather than floating spreads. Plus500 spreads for forex and ETFs are much lower than the industry average. Spreads on indices, commodities, stocks, and cryptocurrencies are either in-line or slightly higher than the average.

Plus500 has a single account type. The broker offers the following payment methods: credit/debit cards, bank transfers, and two popular electronic wallets, PayPal and Skrill. Plus500 offers its own user-friendly trading platform.

Best Forex Broker for Beginners Israel

We picked eToro as the best forex broker Israel for beginners.

Founded in 2007, eToro is headquartered in Tel Aviv, Israel. eToro carries licenses in the UK, USA, Australia, and Cyprus. The broker is popular as one of the best social trading platforms. It allows access to multiple markets, including forex, indices, commodities, stocks, exchange-traded funds (ETFs), and cryptocurrencies.

The spreads, for indices and forex instruments, are below the industry average. On the other hand, commodities and stock CFDs spreads are above the industry average.

eToro offers only a single account type. It has its own proprietary trading platform, which is modern and easy to use.

We have chosen eToro as the best forex broker Israel for beginners. The broker’s education section includes video tutorials, podcasts on trading, a text guide on trading and investment, also, daily news, and analysis of major market activities.

Best MetaTrader4 Broker Israel

We picked FP Markets as the best MetaTrader4 forex broker Israel.

FP Markets is an Australia-based broker, founded in 2005. The broker is licensed in several jurisdictions: the United Kingdom, Australia, Cyprus, Saint Vincent, and the Grenadines. With FP Markets traders have access to multiple trading instruments, such as forex, stocks, indices, commodities, and cryptocurrencies.

The broker’s two account types are based on its platforms. Traders can choose between the Standard account and Raw account. FP Markets allows withdrawals via credit/debit cards, bank transfers, PayPal, Skrill, and several other methods.

We have chosen FP Markets as the best MT4 forex broker Israel. Besides the IRESS platform, FP Markets also offers MT4 and MT5 platforms. The broker’s MT4 platform is equipped with the best tools and features suitable for favorable trading.

Best Low Spread Forex Broker for Israel

We picked Admiral Markets as the best low spread forex broker Israel.

Admiral Markets is a global Forex and CFDs broker. Founded in 2001 the broker is based in Estonia and holds multiple licenses in Australia, the United Kingdom, Cyprus, and Estonia. With Admiral Markets traders have access to the following markets: forex pairs, indices, stocks, commodities, and cryptocurrencies.

Admiral Markets offers the popular MetaTrader 4 and MetaTrader 5 platforms to conduct trades. The broker has five account types: Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, and Zero.MT5. Clients can fund their accounts through multiple payment methods, such as bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller.

We have chosen Admiral Markets as the best low spread forex broker Israel. It offers low spreads across all the markets. The broker’s average spreads for the popular instruments in each market are much lower than industry averages. Admiral Markets also offers a Zero Spread Account.

Best Stock Broker in Israel

We picked Vantage FX as the best stock forex broker Israel.

Founded in 2009, Vantage FX is a forex and CFDs broker. It is headquartered in Sydney, Australia. The broker is tightly regulated and holds licenses in multiple jurisdictions: the United Kingdom, Australia, Vanuatu, and The Cayman Islands. Vantage FX offers tradable instruments across the following markets: forex, indices, commodities, cryptocurrencies, and shares CFDs.

The broker has various account types: Raw ECN, Standard STP, and Pro ECN. The broker’s spreads for forex and commodities are much lower than the industry average. Vantage FX offers MetaTrader 4 and MetaTrader 5 platforms.

We have chosen Vantage FX as the best stock broker Israel. Based on research we found this online stock broker suitable to trade stocks.

Israel Forex Brokers List

We have tested many regulated and trustworthy forex brokers Israel. Based on our research, we have come up with a list of available forex brokers Israel.

Israel Forex BrokerAbout Our TestOur Review
Plus500Deposit Amount: Over €6,000
Total Trade: 18 trades
Plus500 Review
eToroDeposit Amount: Over $6,000
Total Trade: 18 trades
eToro Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
Admiral MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades
Admiral Markets Review
FP MarketsDeposit Amount: Over €6,000
Total Trade: 12 trades
FP Markets Review
Trading 212 Deposit Amount: Over €5,500
Total Trade: 15 trades
Trading 212 Review
ActivTradesDeposit Amount: Over €5,000
Total Trade: 12 trades
ActivTrades Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
FxProDeposit Amount: Over €5,000
Total Trade: 15 trades
FxPro Review
DukascopyDeposit Amount: Over €4,000
Total Trade: 15 trades
Dukascopy Review
IC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
IC Markets Review
TickmillDeposit Amount: Over $8,000
Total Trade: 12 trades
Tickmill Review

FAQ and More on Forex Trading Israel

Traders usually have many concerns related to forex trading in Israel. To be helpful we picked and answered some of the most essential questions related to forex brokers Israel.

How to Verify Israel Regulated Forex Broker?

Verifying an Israel forex broker is not at all difficult. Generally, this kind of information traders can find on the local regulator’s official website. In Israel, the forex market is regulated by the Israel Securities Authority (ISA).

However, there is another way to verify a forex broker Israel. You can just visit the broker’s website and see whether it offers services in your region. Almost all brokers mention on their websites the available and restricted regions.

Israel Securities Authority (ISA) - official website

Swap Free Islamic Forex Broker Israel

Islamic accounts are specifically designed for Muslim traders as Sharia laws prohibit any Muslim to earn or pay interest. Read more about Islamic Accounts here. They are quite popular in Israel among the Muslim population, so we decided to choose the best Islamic accounts brokers Israel:

Based on our research we came up with the following Islamic account forex brokers Israel:

  • FxPro
  • ActivTrades
  • Admiral Markets

Offshore Stock Brokers in Israel

Many popular forex brokers, however, do not accept traders from Israel. There are many offshore brokers in the market that may target Israel clients. This means, that traders should be very careful in a broker choice and pay attention to the broker’s regulation, reliability, and offerings:

To help Israel residents choose a trustworthy stock forex broker Israel, we have come up with several stock brokers:

  • Dukascopy
  • Trading 212
  • ActivTrades

High Leverage Brokers for Israeli

Leverage is basically the borrowed money by a trader to make investments in a trading instrument. Leverage is essential in trading, as it helps traders gain more profit by taking higher positions.

High leverage is available mostly for professional traders or retail traders opening accounts with commodities and crypto brokers like Dukascopy. Offshore brokers offer high leverage but they are not recommended.

Tax for Forex Trading in Israel

Forex trading in Israel is subject to taxation. The general income rates vary based on the income amount. The income rate can range from 10% to 50%. Capital gains in the country are usually taxed at 25-33%.

Israel traders are responsibile for filing tax forms to the country’s relevant institution. They may face fines and penalties, in case of delays or tax avoidance.

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Best Forex Trading School Netherlands 2022

For this list, we have searched and tested popular Forex Trading Schools Netherlands available both online and offline.

We have enrolled with several online trading webinars, seminars, and trading school programs that are provided by different Forex trading schools available in the Netherlands. We have completed the trading courses and programs, webinars and checked the quality of its service fully.

At last, based on our experience we have picked the Best Forex Trading School in the Netherlands available to both beginner and advanced traders. 

What is Forex School Online Netherlands?

Forex trading schools in the Netherlands might not be very widely presented, also, Dutch traders should check well whether they can sign with other international trading schools. Mainly, Forex brokers available in the Netherlands provide good educational materials for traders and run a great number of seminars, webinars, and courses on the topic.

For beginners, it is advised to take beginners course to get a general knowledge about markets and then select the best trading school and find a course that will cover your trading need.

Forex trading in the Netherlands is regulated by the Netherlands Authority for the Financial Markets (AFM), which is the primary financial regulator in the country and is responsible for covering all financial products, including savings, investments, loans, insurance, and accounting. All Forex trading brokers in the Netherlands are required to conform to the regulatory guidelines outlined by the European Securities and Markets Authority (ESMA).

The characteristics of a good Forex Trading School in the Netherlands are:

👨‍💻 SchoolReputable School with Expert Instructors
📈 EducationOnline Course
In-Class Lessons
🔎 CourseBeginners Course
Advanced Course
Macro Course
Live Streaming

📑 Free Materials
e-Books
Guides
Intro Videos
🏛️ QualityWell Structured Material
Good Access to Resources
Live Trade Demonstrations
Demo Account
🚀 CoachingPersonal Lessons
One-on-One Coaching
💸 FeeFree Materials
Prepaid Courses
Monthly Subscription

Best Forex Trading School in Netherlands

We tested several Forex trading courses offered by both Forex trading schools and Brokers available for Dutch traders, and picked these as the best:

All these trading schools and brokers offer comprehensive courses covering all the aspects of Forex trading, and the financial market from basic to advanced strategies.

Best Forex Trading Courses Holland

While looking for Forex trading schools and courses in the Netherlands to get started, traders are highly recommended to learn only from reliable and popular firms, and never use any education materials as trading advice. There can be a bitcoin trading school, shares trading school, options trading school, etc. You can also find some Forex brokers that run seminars, too and have good educational materials.

For our list, we selected free and paid courses with quality education and materials suitable for various level traders.

School Name LocationCourse Course Cost Course Duration  Free Materials 
The Forex ScalperThe HagueThe Forex Scalper Mentorship$250On-Demand
FXminds AcademyLelystadCryptocurrency Trading Course€597Lifetime
IG AcademyAvailable in the NetherlandsFinancial Trading CoursesFreeOn-DemandYes
Traders’ AcademyAvailable in the NetherlandsFutures Trading CoursesFreeOn-DemandYes
AvaTradeAvailable in the NetherlandsForex and Stock Trading CoursesFreeOn-DemandYes
XMAvailable in the NetherlandsForex Trading CoursesFreeOn-DemandYes
FXTMAvailable in the NetherlandsFinancial Trading and Investment CoursesFreeOn-DemandYes

Netherlands Free Forex School

There are a variety of online Forex trading schools and brokers available in the Netherlands offering free courses on the topic. Whether you are a beginner or an experienced trader, you can always find a course that meets your needs and gives you the foundation you need to start trading in the Forex market. Here we picked some of the more popular Forex trading education providers with free courses:

  • XM – Best Free Financial Trading Courses
  • Traders’ Academy – Best Free Courses from Beginner to Advanced Level
  • IG Academy – Best Free Online Trading Courses
  • AvaTrade – Best Free Trading Courses for Beginners

FAQ and More on Holland Forex Trading Mastery School

There are many Forex trading school-related questions that both beginners and experienced traders have. Here we answer some of the common questions related to trading schools in the Netherlands.

The Forex trading market offers many trading school options for Dutch traders. Each trading school has its own advantages and disadvantages. You just need to consider your own goals and objectives before deciding which one is right for you.

Dutch Day Trading Schools

Day trading is a strategy requiring traders to buy and sell financial instruments within a day. It is also considered a highly risky investment strategy, and traders must be aware of the potential risks before they begin trading. One of the biggest risks associated with day trading is the possibility of heavy losses in a short period of time as day traders typically buy and sell assets within a single day, and they may not have the time to wait for prices to recover from a sudden drop.

Another risk is that the day traders may become too emotionally attached to their positions and may hold onto losing positions for too long. Even if there are brokers or individuals offering day trading education in the Netherlands we advise avoiding it due to the high risks of losing money involved.

Holland Binary Options Trading School

Binary Options are financial products requiring traders to speculate if the price of the underlying assets will either go up or down. The products usually have an expiry date and/or time, and provide fixed returns if the asset price moves in favor of the trader.

There might be some binary options schools and courses in the Netherlands, however, we do not recommend trading and learning them since binary options are forbidden by most regulators worldwide, due to high risks and lack of transparency. Read more about binary options in our article.

Pro Trading School in Netherlands

Here we picked some of the more popular Pro trading schools in the Netherlands for experienced Dutch traders:

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Best MoneyGram Forex Brokers 2022

For this list, we have found and tested several MoneyGram forex brokers.

To select the best MoneyGram forex brokers, we opened real accounts with each broker and deposited between $4,000 and $8,000, then we placed real trades in each popular market to get the full picture of conditions, spreads, fees, etc.. We also contacted the customer support team to resolve the problems. Eventually we withdrew out funds to see if there’s any issue.

We picked out the best MoneyGram forex brokers based on our trading data and experience as a trader.

Is MoneyGram Forex Popular Payment Method?

MoneyGram is a leading P2P payment and money transfer provider based in the US. MoneyGram offers its different financial services to individuals and businesses across the globe. The platform operate in 200 countries and has gained over 180,000 client base.

For more information read MoneyGram Wikipedia article or visit their official website – moneygram.com.

With the global expansion of forex trading, forex brokers adapted MoneyGram and started to offer it as one of their funding methods. However, not many brokers offer Moneygram as an available option. If a broker does offer MoneyGram, it may be restricted in certain countries or regions.

Via MoneyGram, the payment can be transferred to the recipient’s bank account or wallet, or the money can be collected at the MoneyGram agent nearby. There are approximately 400,000 agents available.

Here are some of the advantages and disadvantages of MoneyGram:

ProsCons
🗾 200+ countries available🛡️ Regional Limitations
💻 370,000 agents⛔ No Tracking
🏆 Rewards Points💳 Fees

Best Forex Broker that Accept MoneyGram

To come up with this list, we have searched and tested several forex brokers accepting MoneyGram as a funding option. We opened real accounts and deposited money with each broker. Then we placed real trades to see each broker’s offering.

  • eToro – Best MoneyGram Forex Broker Overall
  • XM – Best MoneyGram Forex Broker for Beginners
  • BlackBull Markets – Best MT4 Forex Broker offering MoneyGram
  • FP Markets – Best Low Spread Forex Broker with MoneyGram

Best Overall Broker MoneyGram Forex

We picked eToro as the best MoneyGram forex broker overall.

eToro is a market leading social trading platform offering a good selection of brokerage features. It provides trading with multiple markets, such as forex, indices, commodities, stocks, exchange-traded funds (ETFs), and cryptocurrencies. The broker holds several licenses from UK, USA, Australia, and Cyprus regulators.

eToro allows MoneyGram to make deposits or withdrawals for multiple currencies with a minimum deposit of $100.

In general, eToro offers good trading conditions with free commissions and tight spreads on major market assets. Its easy to use platform attracts many clients, especially those who just decided to dig deeper into the forex market. It is also one of the most popular social trading platforms overall.

Best Forex Account MoneyGram for Beginners

We picked XM as the best Payoneer forex broker with a low deposit.

Founded in 2009, XM is a subsidiary company of Trading Point Holdings, providing forex and CFD trading to its clients across the globe. The broker offers over 1,000 tradable instruments in forex, commodities, stocks, indices, and cryptocurrencies with a minimum deposit as low as $1 and accepts MoneyGram as one of its payment options.

XM provides novice traders with excellent educational materials under its Tradepedia platform. This includes free access to courses, webinars and video tutorials that are suitable for beginners as well as tools which provide market research on different trading-related topics.

Best MT4 Forex Brokers with MoneyGram Deposit

We picked BlackBull Markets as the best Payoneer forex broker providing the MT4 platform.

Operating since 2014, BlackBull is a New Zealand-based forex and CFD broker offering its clients over 200 tradable instruments in forex, indices, stocks, and commodities. The broker is popular with its high leverage of 500:1 with a good trading environment and 24/7 support.

BlackBull provides an outstanding trading experience through MT4 giving access to such features as interactive charts, technical indicators, and more with the lowest spreads. The broker allows $200 minimum deposit through MoneyGram.

Best Forex Trading MoneyGram Broker with Lowest Spread

Founded in 2005, FP Markets, also known as First Prudential Markets is a global Forex and CFD provider headquartered in Australia. FP Markets offers a range of tradable instruments in forex, stocks, indices, commodities, and cryptocurrencies. The broker is best known for offering forex ECN pricing.

Our test showed that most of the spreads offered by the broker are lower than that industry average with 1.2 pips for forex and 1.3 pips for indices. MoneyGram is accepted as one of the payment methods for FP Markets.

MoneyGram Forex Broker List

Apart from the above-mentioned list of MoneyGram forex brokers, here’s a list of some of the forex brokers accepting MoneyGram. Not many brokers accept MoneyGram as a funding method.

Forex BrokerMoneyGramTest DetailsBroker Review
XM✔️ Deposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
Pepperstone✔️ Deposit Amount: Over €6,000
Total Trade: 12 trades
Pepperstone Review
eToro✔️ Deposit Amount: Over $6,000
Total Trade: 18 trades
eToro Review
Plus 500 ✔️ Deposit Amount: Over €6,000
Total Trade: 18 trades
Plus500 Review
Tickmill✔️ Deposit Amount: Over $8,000
Total Trade: 12 trades
Tickmill Review
BlackBull Markets✔️ Deposit Amount: Over €4,000
Total Trade: 12 trades
BlackBull Markets Review
FP Markets✔️ Deposit Amount: Over €6,000
Total Trade: 12 trades
FP Markets Review
HFM Markes✔️ Visit HFM Markets
Axiory✔️ Visit Axiory
BDSwiss✔️ Visit BDSwiss

FAQ and More on Forex Brokers with MoneyGram

Many traders often have a lot of questions regarding trading. We tried to find some of the most important questions related to MoneyGram forex brokers and give comprehensive answers.

MoneyGram Withdrawal in Forex

In most cases forex brokers allowing MoneyGram deposits also allow withdrawing funds; however, some regional restrictions might be applicable.

Withdrawing your funds from your trading account to your MoneyGram account is a simple process. You need to choose MoneyGram as a payment method in your account payment section and enter the amount of money you want to withdrawal. Most transfers take 3-4 business days to be executed.

US brokers that Allow MoneyGram

All forex brokers must be registered and authorised by the Commodity Futures Trading Commission (CFTC) and be a member of the National Futures Association (NFA) to legally operate in the United States. 

Here are some of the US MoneyGram Forex Brokers:

  • eToro
  • Forex.com

Europe Brokers that accept MoneyGram

Europian Union is highly beneficial region for forex trading. Most of the forex brokers hold several regulatory licenses from different countries.

Here are some of the most popular European brokers accepting MoneyGram as a funding option:

  • XM
  • Pepperstone
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Best Forex Brokers Botswana 2022

To come up with this list, we have tested forex brokers Botswana.

We opened a real account and deposited between $4,000 and $6,000 with each broker. Then, to get an accurate picture, we placed real trades in each popular market. 

Afterward we contacted the customer support team to see if they were able to solve our problems. At last, we withdrew our funds to check the withdrawal process.

We handpicked the best forex brokers Botswana based on our trading data and experience as a trader.

Is Forex Trading Possible in Botswana?

Botswana is located in Southern Africa. It neighbors South Africa, Namibia, Zimbabwe, and Zambia. The country’s population is over 2.3 million. It was once one of the poorest countries, yet, lately, it has transformed, becoming an almost upper-middle-income country. Botswana’s official currency is the pula. The country’s banking system is quite advanced, being one of the most developed in the region.

Recently forex trading has become quite popular in the country. Actually, In Africa, Botswana is considered one of the most favorable countries for forex trading.

The market is regulated by the Bank of Botswana. The bank’s main responsibility is to ensure the country’s financial and monetary steadiness. All the brokers that wish to accept Botswana traders, need to obtain the local Bureau de Change license.

The official website of the Bank of Botswana is www.bankofbotswana.bw.

🏦RegulatorThe Bank of Botswana
🛡️Is It safe to tradeYes
🔒Negative Balance ProtectionNo
💰Compensation SchemeNo
📊 Maximum Leverage1:30

Best Forex Brokers in Botswana

Finding forex brokers Botswana can be quite difficult. There might be very few brokers regulated in Botswana. Besides, some international brokers restrict opening accounts for traders from the country.

There are brokers that are based in the country, falling under local regulation, and there are international brokers that accept Botswana traders. In trading, money safety goes first, thus we recommend signing only with reliable and trustworthy firms with favorable offerings.

We advise traders to pay attention to the broker’s payment methods. It is important to make sure that the methods offered by a certain broker are available in Botswana. Also, another essential aspect is customer support. Traders should check if the broker provides customer support in the language they prefer.

To select the best forex brokers Botswana, we have reviewed many regulated forex brokers. Based on our research, we have come up with a list of the best forex brokers for Botswana residents:

  • FXTM – Best Online Broker Botswana Overall
  • Admiral Markets – Best Forex Broker for Beginners Botswana
  • Trading 212 – Best Forex Broker with $1 Minimum Deposit Botswana
  • Dukascopy – Best Botswana Broker with Low Spreads
  • ActivTrades – Best MT5 Broker for Botswana

Best Online Broker Botswana Overall

We picked FXTM as the best online forex broker Botswana overall.

FXTM was founded in 2011 and is based in Cyprus. It is strictly regulated in the United Kingdom, Cyprus, South Africa, and Mauritius. FXTM enables access to multiple instruments in various categories: forex pairs, indices, commodities, stocks, cryptocurrencies, spot metals, and real stocks. This is one of the best ECN brokers.

The broker has several account types: Standard Account, Cent Account, and Stock CFDs Account. Clients can conduct their trades on the popular MT4 and MT5 platforms, also on the broker’s proprietary mobile platform.

There are various payment methods available: wire transfers, credit cards, local bank transfers, and popular e-wallets like Skrill, Neteller, and Paypal. The education section of the broker is also great. Traders have access to eBooks and trading guides, webinars, seminars, workshops, video tutorials on trading, etc.

Best Forex Broker for Beginners Botswana

We picked Admiral Markets as the best forex broker Botswana for beginners.

Admiral Markets is a global Forex and CFDs broker founded in 2001. The broker is headquartered in Estonia and holds multiple licenses in Australia, the United Kingdom, Cyprus, and Estonia. Admiral Market enables access to the following markets: forex pairs, indices, stocks, commodities, and cryptocurrencies.

Admiral Markets offers the popular MetaTrader 4 and MetaTrader 5 platforms to conduct trades. The broker has five main account types: Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, and Zero.MT5. Also, Muslim clients can open Islamic accounts. The available payment methods are bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller. The broker offers low spreads across all the markets.

We have chosen Admiral Markets as the best forex broker Botswana for beginners. The broker’s education section is great with an in-depth beginner course called Forex 101. Traders have to sign up for a free demo account to gain access to lessons 4-9; the first three lessons are available for everyone.

Best Forex Broker with $1 Minimum Deposit Botswana

We picked Trading 212 as the best $1 minimum deposit forex broker Botswana.

Founded in 2004 Trading 212 is a global Forex and CFD broker. Based in London the broker holds licenses by the UK Financial Conduct Authority and the Bulgarian Financial Supervision Commission. Trading 212 enables access to multiple markets to conduct trades: indices, forex, commodities, stocks, and cryptocurrencies.

There are two main account types offered: Invest and CFD. The broker offers only its own proprietary platform which is easy to use and conduct favorable trades. Traders can fund their accounts through multiple payment methods, including bank wires, credit and debit cards, as well as e-wallets (Skrill, and PayPal).

We have chosen Trading 212 as the best $1 minimum deposit forex broker Botswana. The broker enables its clients to start trades with only a $1 deposit. However, we recommend checking margins for a particular instrument since $1 might not be enough for proper trading.

Best Botswana Broker with Low Spreads

We picked Dukascopy as the best low spread forex broker Botswana.

Founded in 2004, Dukascopy is based in Switzerland. It is forex and contracts for differences (CFDs) broker. Dukascopy is regulated in Switzerland, Japan, and Latvia. The broker offers trading services in multiple markets: forex, indices, commodities, cryptocurrencies, and stock CFDs.

Dukascopy offers two account types: Forex ECN Account and Forex MT4 Account. With the broker, clients can conduct their trades on JForex which is its Proprietary Platform, and MetaTrader 4.

We have chosen Dukascopy as the best low-spread forex broker Botswana. Our testing showed that spreads for forex are much lower than the industry average. The same is true for indices and commodities.

Best MT5 Broker for Botswana

We picked ActivTrades as the best MT5 forex broker Botswana.

ActivTrades is a global Forex and CFDs broker. It was founded in 2001. Based in London, United Kingdom, the broker holds licenses in the United Kingdom, Luxembourg, and the Bahamas. ActivTrades offers multiple tradable instruments in forex, indices, stocks, and commodities segments.

ActivTrades offers multiple deposit and withdrawal methods, including bank transfers, credit and debit cards, and e-wallets such as Skrill, PayPal, and Neteller. The broker has 2 main account types: an Individual Account and an Islamic Account.

We have chosen ActivTrades as the best MT5 forex broker Botswana. It enables access to the popular platforms, being one of the best MetaTrader5 and MetaTrader4 brokers. Both the platforms are great, equipped with all the necessary tools suitable for favorable trades. The broker also offers its proprietary platform known as ActivTrader.

Botswana Forex Brokers List

We have tested many regulated and trustworthy forex brokers Botswana. Based on our research, we have come up with a list of available forex brokers Botswana.

Botswana Forex BrokerAbout Our TestOur Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
Admiral MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades
Admiral Markets Review
FP MarketsDeposit Amount: Over €6,000
Total Trade: 12 trades
FP Markets Review
Trading 212 Deposit Amount: Over €5,500
Total Trade: 15 trades
Trading 212 Review
ActivTradesDeposit Amount: Over €5,000
Total Trade: 12 trades
ActivTrades Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
FxProDeposit Amount: Over €5,000
Total Trade: 15 trades
FxPro Review
DukascopyDeposit Amount: Over €4,000
Total Trade: 15 trades
Dukascopy Review
IC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
IC Markets Review
Interactive BrokersInteractive Brokers Website

FAQ and More on Forex Trading Botswana

Traders usually have many concerns related to forex trading in Botswana. In an attempt to be helpful we picked and answered some of the most essential questions related to forex brokers Botswana.

How to Verify Botswana Regulated Forex Broker?

Verifying a Botswana broker is not at all difficult. The information can be found on the Bank of Botswana website. However, because of strict regulations, there are only several brokers that hold a local license in the country.

Yet, there is another easy way to verify a forex broker Botswana. You can just visit the broker’s website and see whether it offers services in your region. Mostly, almost all brokers mention on their websites the available and restricted regions.

Bank of Botswana - official website to verify Botswana brokers

Botswana Legit Forex Brokers with no Deposit Bonus

No deposit is a marketing tactic to attract new traders. The bonus is the initial free credit that brokers offer to the traders when opening a new account. We tried to find forex brokers with no deposit bonus. Read more about bonuses in our article No-Deposit Bonus Forex Brokers.

Based on our research we found only XTB – a forex broker with a welcome bonus. However, we advise rechecking whether the bonus is available for Botswana traders before signing with the broker.

Forex Brokers with Zar Accounts in Botswana

ZAR account enables clients to trade with the South African local currency, as the base currency. The brokers that operate in South Africa mostly provide forex traders with accounts with ZAR as the base currency.

Based on our tests, we found the following brokers with ZAR accounts in Botswana:

  • XM
  • Dukascopy

Best Binary Options Brokers Botswana

Binary options require speculation from the trader’s side of whether the asset’s price will go up or down. Traders should be very careful with binary options, as they are quite risky. In case the market moves against the bets, traders will lose their investments.

However, we do not recommend the instrument due to its high risks.

Botswana Brokers that Accept PayPal

PayPal is an online safe and secure payment system. It is available in many countries and remains a top choice for money transfers. For Botswana traders we tried to find out whether there are any brokers available offering PayPal.

Below are the brokers we have come up with:

  • FP Markets
  • XTB

Best Brokers for Indices in Botswana

Indices trading is a strategy allowing investors to trade stocks in groups. Traders use indices to measure the performance of a particular asset or stock exchange.

Based on our test we found the following volatility indices brokers Botswana:

  • Trading 212
  • Interactive Brokers

Tax for Forex Trading in Botswana

In Botswana forex traders pay taxes for their profits and earnings. At present, the income tax rate in the country varies from 5% to 25%. The tax rate depends on the annual income amount. Non-residents in Botswana also need to comply with the local laws and pay taxes the same way as residents.

Botswana traders are responsibile for filing tax forms to the country’s relevant institution. In case of delays or tax avoidance there may be huge fines and penalties.

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Forex Trading for Beginners Video Tutorials 2022

For this list, we have searched and tested several forex trading platforms offering services suitable for beginner traders.

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 spreads. We also reached out to customer support to solve issues that we had encountered. Finally, we withdrew our funds to see if there are any issues with the withdrawal process.

We handpick the best forex trading platforms for beginners based on our trading data and experience as a trader.

What is needed for Beginners in Forex Trading?

The world of forex trading can be daunting for beginners. In order to get started, one must have a deep understanding of financial markets and successful strategies/tendencies before entering this market and taking huge risks of losing their hard-earned money.

The focus area for novice traders should rely on getting the proper knowledge and skills, thus getting a good Forex education and knowledge. Even if you are passionate about trading, jumping headfirst into trading will not do any good for you. Trading has subject-specific terminology which is instrumental for forex traders. Besides, some basic calculations also need to be taken into account.

For this purpose, many forex brokers offer an extensive range of educational materials to help beginner traders to get into the play. This range varies from written courses and video materials to interactive webinars.

There are also some aspects that should be taken into consideration as well – simplified trading platforms, low fees, and excellent customer service will attract more clients; thus, helping brokers prosper.

Forex Trading Learning Videos

Many forex traders fail because they start trading before getting their feet in the water. Without analysing the market demand and various strategies available it’s difficult to compete with experienced traders.

Many forex brokers provide numerous tutorials as one of the education options. In fact, video tutorials are becoming the most popular way of learning due to their effectiveness. Brokers run their own Youtube channels or online platforms with various video tutorials for different levels.

Here are some of the pros and cons of video tutorials:

ProsCons
🖥️ Visual perception⌛ Time-consuming
✔️ Creativeness💸 Can be Expensive
📀 Easy to Use🚩 Technical Issues
💵 Mostly Free👩‍💻 Can be Hard to Focus

Best Brokers with Forex Trading Tutorial for Beginners

To select the best brokers for forex trading for beginners video tutorials, we tested and reviewed several forex brokers. We opened live accounts and deposited real money with each broker. We also placed real trades in popular markets to get the real picture of the spread and commission, trading platform, deposits and withdrawals conditions, education, and customer service.

  • Trading 212 – Best Trading Platform Forex tutorials for beginners
  • RoboMarkets – Best Video Forex Trading Tutorials
  • XM – Best CFD Trading tutorial for beginners
  • FxPro – Best MT4 Forex trading videos

Best Trading Platform Forex tutorials for beginners

We picked Trading 212 as the best forex trading platform for beginners with video tutorials.

Founded in 2004, Trading 212 is a global Forex and CFD broker headquartered in London with the main focus on Indices, Forex, Commodities, Stocks, and Cryptocurrencies. The broker is regulated in the UK and Bulgaria.

The broker is best suitable for beginner traders due to its low spreads, and a wide range of tradable instruments. Traders can open their trading accounts on industry-standard MT4 and MT5 platforms and the broker’s proprietary platform available on the web and mobile.

Trading 212 is best known for its high-quality video tutorials and extensive range of alternative educational resources. The broker also provides excellent customer service and the availability of demo account.

Best Video Forex Trading Tutorials

We have picked RoboMarkets as the best video tutorials on forex trading.

Video is replacing text-based guides, and this is true when it comes to trading tutorials. RoboMarkets (also RoboForex) is one of the few brokers that offers an excellent library of video tutorials covering the forex markets and trading techniques. These explanation videos were made by expert traders and also other industry professionals. The videos range from as basic as ‘what is forex’ to the applications of some of the complex trading techniques.

Though initially known for offering trading services with currency pairs, the platform was rebranded to RoboMarkets after the addition of other markets like indices, stocks, and commodities. It offers services on three platforms: MT4, MT5 and R Trader.

Best CFD Trading tutorial for beginners

We picked XM as the best CFD trading tutorial for beginners.

Founded in 2009, XM is an industry-leading forex and CFD provider. The broker offers trading instruments in forex pairs, indices, stocks, and commodities. It offers more than 1,000 instruments. XM holds 5 licenses including the top-tier UK Financial Conduct Authority (FCA), the Australian Securities and Investment Commission (ASIC), Dubai’s Financial Services Authority (DFSA), Cyprus’ CySEC and Belize’s FSC.

XM offers a great education offering for beginners under its Tradepedia video course. It provides an in-depth guide to the markets with high-quality videos and excellent delivery from instructors on these courses, regardless of experience level or time zones.

Best MT4 Forex trading videos

We picked FxPro as the best MT4 forex broker with video tutorials.

Founded in 2006, FxPro is a UK-based forex broker offering CFD trading across different assets: forex, shares, spot indices, futures, spot metals, and spot energies. FxPro is licensed and regulated in multiple jurisdictions, including the United Kingdom, Cyprus, South Africa, and The Bahamas.

FxPro offers excellent trading conditions on MT4 with good quality educational materials with a vast range of video tutorials suitable for both novice and experienced traders.

Forex Trading Platform List

Apart from the shortlisted brokers, here is a complete list of forex brokers that offers excellent services to beginners, which we have tested and reviewed.

Forex BrokerTest DetailsBroker Review
FxPro
Deposit Amount: Over €5,000
Total Trade: 15 trades
FxPro Review
Admiral MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades
Admiral Markets Review
BlackBull MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades
BlackBull Markets Review
GO MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades
Go Markets Review
ActivTradesDeposit Amount: Over €5,000
Total Trade: 12 trades
ActivTrades Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
ICM CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades
ICM Capital Review
TickmillDeposit Amount: Over $8,000
Total Trade: 12 trades
Tickmill Review
Capital.comDeposit Amount: Over €3,500
Total Trade: 15 trades
Capital.com Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
RoboMarkets (RoboForex)Deposit Amount: Over €5,000
Total Trade: 12 trades
RoboMarkets (RoboForex) Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades
Pepperstone Review
FBSDeposit Amount: Over €5,000
Total Trade: 12 trades
FBS Review
GKFXDeposit Amount: Over €5,000
Total Trade: 15 trades
GKFX Review
DarwinexDeposit Amount: Over €5,000
Total Trade: 12 trades
Darwinex Review
IC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
IC Markets Review
ThinkMarketsDeposit Amount: Over €5,000
Total Trade: 15 trades
ThinkMarkets Review
FP MarketsDeposit Amount: Over €6,000
Total Trade: 12 trades
FP Markets Review
Amana CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades
Amana Capital Review
AvaTradeDeposit Amount: Over €4,000
Total Trade: 21 trades
AvaTrade Review
CMC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
CMC Markets Review
Vantage FXDeposit Amount: Over €5,000
Total Trade: 15 trades
Vantage FX Review
INFINOXDeposit Amount: Over €4,000
Total Trade: 9 trades
INFINOX Review
Axi (AxiTrader)Deposit Amount: Over €6,000
Total Trade: 12 trades
Axi (AxiTrader) Review
Plus500Deposit Amount: Over €6,000
Total Trade: 18 trades
Plus500 Review
eToroDeposit Amount: Over $6,000
Total Trade: 18 trades
eToro Review
Trading 212Deposit Amount: Over €5,500
Total Trade: 15 trades
Trading 212 Review
FortradeDeposit Amount: Over €5,000
Total Trade: 12 trades
Fortrade Review

FAQ and More on Forex Trading for Beginners

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 forex trading for beginners.

Best UK forex basic tutorial Brokers

Forex brokers must be registered and regulated by the Financial Conduct Authority (FCA) to operate in the United Kingdom. Some of the top Financial Conduct Authority-regulated forex brokers in the UK suitable for beginner traders are:

  • IG Markets
  • CMC Markets
  • XM

Best Forex Brokers in South Africa with Trading Videos

Forex brokers must be registered and authorized with the Financial Sector Conduct Authority (FSCA) in order to operate in South Africa. Here are some of the forex brokers in South Africa with suitable video tutorials:

  • FxPro
  • Pepperstone
  • IG

Forex trading Australia beginners tutorial

Forex brokers must be authorized and licensed by the Australian Securities & Investment Commission (ASIC) to operate in Australia. Some of the Australian forex brokers with video tutorials for beginners are:

  • eToro
  • XM
  • CMC Markets
  • ForTrade
Categories
Uncategorized

Best Forex Trading School Japan 2022

For this list, we have searched and tested popular Forex Trading Schools Japan available both online and offline.

We have enrolled with several online trading webinars, seminars, and trading school programs that are provided by different Forex trading schools available in Japan. We have completed the trading courses and programs, webinars and checked the quality of its service fully.

At last, based on our experience we have picked the Best Forex Trading School in Japan available to both beginner and advanced traders. 

What is Trading School Japan?

Forex trading schools in Japan might not be very widely presented, also, Japanese traders should check well whether they can sign with other international trading schools. Mainly, Forex brokers available in Japan provide good educational materials for traders and run a great number of seminars, webinars, and courses on the topic.

For beginners, it is advised to take beginners course to get a general knowledge about markets and then select the best trading school and find a course that will cover your trading need.

Forex trading in Japan is regulated by Japan’s Financial Services Agency (FSA), which is the primary financial regulator in the country and has authority over Forex brokers, banks, and other obligated financial institutions. The regulator has also the power to impose limitation of operations on those Forex brokers that violate the FSA rules.

The characteristics of a good Forex Trading School in Japan are:

👨‍💻 SchoolReputable School with Expert Instructors
📈 EducationOnline Course
In-Class Lessons
🔎 CourseBeginners Course
Advanced Course
Macro Course
Live Streaming
🏛️ Quality
Well Structured Material
Good Access to Resources
Live Trade Demonstrations
Demo Account
📑 Free Materialse-Books
Guides
Intro Videos
🚀 CoachingPersonal Lessons
One-on-One Coaching
💸 FeeFree Materials
Prepaid Courses
Monthly Subscription

Best Forex Trading School in Japan

We tested several Forex trading courses offered by both Forex trading schools and Brokers available for Japanese traders, and picked these as the best:

All these trading schools and brokers offer comprehensive courses covering all the aspects of Forex trading, and the financial market from basic to advanced strategies.

Best Forex Trading Courses Japan

While looking for Forex trading schools and courses in Japan to get started, traders are highly recommended to learn only from reliable and popular firms, and never use any education materials as trading advice. There can be a bitcoin trading school, shares trading school, options trading school, etc. You can also find some Forex brokers that run seminars, too and have good educational materials.

For our list, we selected free and paid courses with quality education and materials suitable for various level traders.

School Name LocationCourse Course Cost Course Duration  Free Materials 
Japanese Forex Trader Kei TokyoGlobal Trading School (GTS) Course$29802 MonthsYes
Asia Forex MentorAvailable in JapanOne Core ProgramFull Access
$940
LifetimeYes
AvaTradeAvailable in JapanCurrency Trading CourseFreeOn-DemandYes
XMAvailable in JapanForex Trading CoursesFreeOn-DemandYes
Traders’ Academy Available in JapanOptions Trading CoursesFreeOn-DemandYes
IG AcademyAvailable in JapanCryptocurrency Trading LessonsFreeOn-DemandYes
The Knowledge AcademyAvailable in JapanBitcoin and Cryptocurrency Course$1695On-Demand

Japan Free Forex School

There are a variety of online Forex trading schools and brokers available in Japan offering free courses on the topic. Whether you are a beginner or an experienced trader, you can always find a course that meets your needs and gives you the foundation you need to start trading in the Forex market. Here we picked some of the more popular Forex trading education providers with free courses:

  • XM – Best Free Financial Trading Courses
  • Traders’ Academy – Best Free Courses from Beginner to Advanced Level
  • IG Academy – Best Free Online Trading Courses
  • AvaTrade – Best Free Trading Courses for Beginners

FAQ and More on Japan Forex Trading Schools

There are many Forex trading school-related questions that both beginners and experienced traders have. Here we answer some of the common questions related to trading schools in Japan.

The Forex trading market offers many trading school options for Japanese traders. Each trading school has its own advantages and disadvantages. You just need to consider your own goals and objectives before deciding which one is right for you.

Online Best Day Trading Schools in Japan

Day trading is a strategy requiring traders to buy and sell financial instruments within a day. It is also considered a highly risky investment strategy, and traders must be aware of the potential risks before they begin trading. One of the biggest risks associated with day trading is the possibility of heavy losses in a short period of time as day traders typically buy and sell assets within a single day, and they may not have the time to wait for prices to recover from a sudden drop.

Another risk is that the day traders may become too emotionally attached to their positions and may hold onto losing positions for too long. Even if there are brokers or individuals offering day trading education in Japan we advise avoiding it due to the high risks of losing money involved.

Japan Binary Options Trading School

Binary Options are financial products requiring traders to speculate if the price of the underlying assets will either go up or down. The products usually have an expiry date and/or time, and provide fixed returns if the asset price moves in favor of the trader.

There might be some binary options schools and courses in Japan, however, we do not recommend trading and learning them since binary options are forbidden by most regulators worldwide, due to high risks and lack of transparency. Read more about binary options in our article.

Categories
Uncategorized

Best Brazil Forex Brokers 2022

To come up with this list, we have tested forex brokers Brazil.

We opened a real account and deposited between $4,000 and $6,000 with each broker. Afterward, to get an actual picture, we placed real trades in each popular market. 

We also contacted customer support to see how the team solved our issues. Finally, we withdrew our funds to check the withdrawal process.

We handpicked the best forex brokers Brazil based on our trading data and experience as a trader.

Is Forex Trading possible in Brazil?

Brazil is the largest country in South America and Latin America. Due to its size, it is the fifth largest country in the world. Also, the dense population makes it the sixth most populous country in the world. The country’s economy is mixed. It is rich in natural resources. It is the leading producer of amethyst, agate, and topaz. Brazil also stands out for its mining sector, being one of the leading extractors of iron ore, tin, nickel, etc.

The banking sector in the country is sophisticated, with the two leading banking brands present in the country – Itau Unibanco and Banco Bradesco.

As to the question, of whether forex trading is available in Brazil, the answer is positive. However, the market is quite specific with strict laws and tight regulations.

Not in the distant past, it was almost impossible to conduct trades in the equity market. The country has now switched to a more lax regime, making it easier to indulge in forex trading.

Forex Trading in Brazil is regulated by the Securities and Exchange Commission of Brazil (CVM). The body is responsible for ensuring the expansion and functioning of the stock market, controlling the regular operation of the stock and OTC markets, protecting security holders and investors, etc.

The official website of the Securities and Exchange Commission of Brazil (CVM) is www.gov.br.

You may also visit the CVM Twitter here.

🏦RegulatorThe Securities and Exchange Commission of Brazil
🛡️Is It safe to tradeYes
🔒Negative Balance ProtectionNo
💰Compensation SchemeNo
📊 Maximum Leverage1:30

Best Forex Brokers Brazil

Finding forex brokers Brazil can be difficult, as the market is regulated quite strictly and there are a few brokers holding local licenses. Also, international forex brokers may not accept traders from the country, especially to conduct their trades in their country’s official currency – the Brasileiro real.

Still, there are brokers based in the country, falling under the local regulations, and international brokers that accept Brazilian traders. We recommend being very careful and signing only with reliable brokers, as money safety in trading goes first.

When choosing a forex broker Brazil, we advise the traders to pay special attention to its payment methods. Check, whether the methods offered by a certain broker are available in Brazil. Also, another aspect to consider is customer support. Make sure that the broker provides customer support in the preferred language.

To select the best forex brokers Brazil, we have reviewed many regulated forex brokers. Based on our research, we have come up with a list of the best forex brokers for Brazil traders:

  • FP Markets – Best Trusted Forex Broker in Brazil Overall
  • Tickmill – Best Top 10 Forex Brokers for Beginners in Brazil
  • ActivTrades – Best Forex Scalping Broker for Brazil
  • RoboMarkets – Best Lowest Spread Forex Broker for Brazil
  • IC Markets – Best Forex Broker with the Highest Leverage Brazil

Best Trusted Forex Broker in Brazil Overall

We picked FP Markets as the best online forex broker Brazil overall.

Founded in 2005 FP Markets is an Australia-based broker, with licenses in the United Kingdom, Australia, Cyprus, Saint Vincent, and the Grenadines. FP Markets offers multiple trading instruments, such as forex, stocks, indices, commodities, and cryptocurrencies.

FP Markets allows withdrawals through credit/debit cards, bank transfers, PayPal, Skrill, and several other methods. The broker offers MT4, MT5 platforms, also, the IRESS platform. The broker’s accounts are based on its platforms. There are two main account types: Standard account, and Raw account.

Its spreads are rather low. For forex and indices especially the spreads are on the lower side. The broker also offers quality education: webinars, ebooks, video tutorials, trading glossary, etc.

Best Top 10 Forex Brokers for Beginners in Brazil

We picked Tickmill as the best forex broker Brazil for beginners.

Tickmill was founded in 2014. This is a global Forex and CFDs broker, headquartered in London. Tickmill holds multiple licenses in the UK, Cyprus, South Africa, Seychelles, and Labuan (Malaysia). The broker allows trading in the following markets: Forex, Commodity, Indices, and Bonds. This is a Non-Dealing Desk forex broker with favorable offerings.

The deposit methods offered by Tickmill are instant and free, except for bank transfers. Clients can deposit funds into their trading accounts using debit/credit cards, bank transfers, and e-wallets such as Skrill, and Neteller.

There are 3 main account types: the Pro, Classic, and VIP accounts. The broker offers only the popular MT4 platform to its clients.

We have picked Tickmill as the best forex broker Brazil for beginners. Its education section includes webinars, seminars, ebooks, video tutorials, forex glossary, fundamental analysis, technical analysis, market insights, and infographics.

Best Forex Scalping Broker for Brazil

We picked ActivTrades as the best forex broker Brazil for scalping.

ActivTrades is a global Forex and CFDs broker. It was founded in 2001 with its headquarters in London, United Kingdom. The broker holds licenses in the United Kingdom, Luxembourg, and the Bahamas. ActivTrades, being one of the best stock forex brokers, offers numerous tradable instruments in the following markets: forex, indices, stocks, and commodities segments.

ActivTrades offers 2 account types: the Individual Account and the Islamic Account. The broker also offers swap-free Islamic Accounts to Muslim clients. The broker’s payment methods include bank transfers, credit and debit cards, and e-wallets such as Skrill, PayPal, and Neteller.

We have picked ActivTrades as the best forex broker Brazil for scalping. With the broker, traders can execute most trading strategies as it allows high-risk strategies such as hedging and scalping. All in all, the trading conditions at ActivTrades are great.

Best Lowest Spread Forex Broker for Brazil

We picked RoboMarkets as the best low spread forex broker Brazil.

RoboMarkets or RoboForex is a Forex and Contracts for Differences (CFDs) broker, headquartered in Cyprus. The broker is regulated in Cyprus, Belarus, and Belize. RoboMarkets offerings include forex, stocks, indices, and commodities.

RoboMarkets offers five types of accounts: Pro Account, ProCent Account, Prime Account, ECN Account, and R Trader Account.

The broker’s deposits are easy and fast through bank transfers, credit and debit cards, and several top online wallets like PayPal, Skrill, and Neteller.

We have picked RoboMarkets as the best low spread forex broker Brazil. We were unable to find zero spread forex broker in Brazil, however, we came up with a trustworthy broker RoboMarkets, with considerably low spreads. Spreads on indices and gold are on the lower side. For other instruments, the broker’s spreads are on the average benchmark.

Best Forex Broker with the Highest Leverage Brazil

We picked IC Markets as the best high leverage forex broker Brazil.

Founded in 2007, IC Markets is based in Sydney, Australia. It is a Forex and CFD broker, with multiple licenses in Australia, Cyprus, Seychelles, and the Bahamas. With the broker, traders have access to the following trading instruments: forex pairs, indices, stocks, commodities, and cryptocurrencies.

IC Markets offers 4 main account types: the standard account, cTrader raw spread account, the raw spread account, also, the Islamic account. With the broker, the clients can conduct their trades on the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. There are various payment methods available, including bank transfers, credit and debit cards, and e-wallets such as Skrill, PayPal, and Neteller.

We have chosen IC Markets as the best high leverage forex broker Brazil. The leverage levels offered by the broker are based on the entity. Traders are allowed to change their account’s leverage levels after registration. The highest leverage allowed by the broker is 500:1.

Brazil Forex Brokers List

We have tested many regulated and trustworthy forex brokers Brazil. Based on our research, we have come up with a list of available forex brokers Brazil.

Brazil Forex BrokerAbout Our TestOur Review
FP MarketsDeposit Amount: Over €6,000
Total Trade: 12 trades
FP Markets Review
Trading 212 Deposit Amount: Over €5,500
Total Trade: 15 trades
Trading 212 Review
TickmillDeposit Amount: Over $8,000
Total Trade: 12 trades
Tickmill Review
ActivTradesDeposit Amount: Over €5,000
Total Trade: 12 trades
ActivTrades Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
FxProDeposit Amount: Over €5,000
Total Trade: 15 trades
FxPro Review
DukascopyDeposit Amount: Over €4,000
Total Trade: 15 trades
Dukascopy Review
IC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
IC Markets Review
RoboMarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
RoboMarkets Review

FAQ and More on Forex Trading Brazil

Traders usually have many concerns related to forex trading in Brazil. To be helpful we picked and answered some of the most essential questions related to forex brokers Brazil.

How to Verify Brazil Regulated Forex Brokers?

Traders wonder how to verify a forex broker Brazil. A forex broker verification, in general, is quite easy. It is possible to do on the regulator’s website. In Brazil, the regulator of the forex market is The Securities and Exchange Commission of Brazil. However, due to regulations, there are only several brokers that hold a local license in the country.

In case you want to check if a certain broker accepts Brazilian clients, you can easily do that on the broker’s website. Generally, almost all brokers mention on their websites the available and restricted regions.

The Securities and Exchange Commission of Brazil

Brazil Forex Brokers that Accept Paypal

PayPal is a payment method accepted in many countries, including Canada, the UK, and the USA. Many Brazilian traders are interested in whether there are reliable brokers in their country that support PayPal payment system for deposits and withdrawals.

Based on our research, we have come up with the following forex brokers Brazil that offer a PayPal payment system:

  • XTB
  • IC Markets
  • ActivTrades

Best Forex Brokers for Spread Betting

Spread betting allows traders to speculate on the price movement of any financial instrument, whether it is forex, stocks, indices, or commodities. Spread betting is a derivative product, thus traders do not own the underlying asset of it. Read more about Spread Betting here.

However, as research shows, at present spread betting is legal only in the UK. Thus, it might not be available for Brazilian traders.

Best Day Trading Broker

Traders usually day trade on the foreign exchange and equities markets, where there is enough liquidity to close the trades quickly. Many traders from Brazil are interested if there are trustworthy day trading platforms available in their country.

We were able to come up with the following brokers that offer day trading in Brazil:

  • RoboMarkets
  • XTB
  • Tickmill

Brazil Welcome Bonus Forex Broker

Traders often look for brokers that offer bonuses. We tried to find forex brokers Brazil with no-deposit bonus or welcome bonus. We found that most of the reliable brokers do not have such offerings.

The only broker with a welcome bonus available in Brazil is Tickmill. However, the bonus is provided by Tickmill Ltd only and may not apply to clients from certain countries. We advise traders to find out whether the bonus is available for them before signing with the broker.

Tax for Forex Trading in Brazil

Forex trading in Brazil is subject to taxation. Generally, there is a maximum of 25% taxation for foreign exchange transactions. Income taxes in the country are progressive, starting from 7.5% up to 27.5%. Capital gains are taxed the same way as general income. The income tax rate varies, starting from 15% to 25%. Anyway, the minimum or maximum tax rates may change annually, thus traders might need to do their own research.

Brazilian traders should remember that they hold the responsibility for filing tax forms to the country’s relevant institution. Delays or avoidance may lead to huge fines and penalties.