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Best Skrill Forex Brokers 2022

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

To select the best skrill 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. We also contacted the customer support team to evaluate their trading conditions, as well as spreads, fees, etc.

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

What is Skrill?

Skrill – formerly known as Moneybookers – is an online payment and multicurrency digital wallet provider that expanded its operation in more than 120 countries with 40 currencies available since its establishment in 2001.

To see the full range of services proceed to skrill.com or read more on Skrill Wikipedia page.

  • Skrill e-wallet services can be used to execute payments for e-commerce, trading, and online gambling using multiple payment methods including credit/debit cards, bank transfers, etc.
  • Skrill also allows cross-border payments enabling customers to transfer money to bank accounts overseas via their bank cards.
  • In 2015, Skrill was obtained by Paysafe Group alongside its former competitor Neteller.
  • Skrill offers customers in certain locations – Skrill Debit cards which can be used for payment in physical or online stores, as well as for withdrawing cash through ATMs.
  • Some customers who reach certain spending thresholds are offered Skrill VIP membership which includes higher transaction limits, lower fees, and dedicated support just to mention a few.

Many forex brokers accept payment via Skrill since it’s one of the most popular e-wallets. Most of the deposits are executed instantly; however, some withdrawals may take 1-5 business days to be executed depending on brokers’ conditions.

Best Skrill Forex Brokers for Deposits and Withdrawals

Most money transfers are typically free of charge; some brokers, however, might require additional fees for deposit/withdrawal processes.

For this list, we gave reviewed and tested several well-regulated forex brokers offering skrill for their deposit/withdrawal. We opened real accounts and deposited money to test each broker. We placed trades to see how trades are executed and offers included.

  • Trading 212 – Best Overall Forex Broker with Skrill Deposit
  • XM – Best Broker that allows Skrill for Beginners
  • XTB – Best Broker with Skrill and 1 USD Deposit
  • OANDA – Best Skrill supported Broker with MT4 Platform

Best Overall Forex Broker with Skrill Deposit

We picked out Trading 212 as the best Skrill forex broker overall.

Founded in 2004, Trading 212 is a highly reputable broker with an easy-to-use trading platform for forex pairs, CFD, and share trading offering over 1,780 tradable instruments with competitive low or average spreads. The broker also provides high-quality educational resources.

Trading 212 offers multiple payment methods including Skrill with a low minimum deposit and zero fees with the instant transfer.

Best Broker that allows Skrill for Beginners

We picked XM as the best forex broker accepting Skrill payment for beginners.

Founded in 2009, XM is a well-established brokerage firm with an outstanding selection of educational materials and market research offering 1,230 CFDs with a minimum deposit as low as $5 for its micro account.

XM offers a charge-free Skrill payment method with an instant deposit. For withdrawal to take place it takes 1 hour.

Best Broker with Skrill and 1 Usd Deposit

We chose XTB as the best forex broker for Skrill with a $1 minimum deposit.

Founded in 2002, XTB is a major role player in the Forex and CFD industries that provide access to a variety of markets such as forex, shares, indices, metals, commodities and even cryptocurrencies. The broker offers high leverage of 500:1 for non-UK clients and relevant educational resources best suitable for beginner traders.

It is a solid choice for those expecting to minimize their costs, as it offers a minimum deposit as low as $1. The broker accepts Skrill payments for deposits only with no additional fees.

Best Skrill supported Broker with MT4 Platform

We chose OANDA as the best Skrill forex broker on the MT4 platform.

Founded in 1996, OANDA is a well-known Australian CFD broker giving traders exposure to a variety of tradable instruments with relatively lower spreads.

OANDA allows depositing and withdrawing money to its MT4 account.

List of Forex Brokers that Accept Skrill

Apart from the above-mentioned best brokers selections, here’s a full list of Skrill forex brokers from our tests:

Forex BrokerAbout Our TestOur Review
BlackBull Markets Deposit Amount: Over €4,000
Total Trade: 12 trades
BlackBull Markets Review
FP MarketsDeposit Amount: Over €6,000
Total Trade: 12 trades
FP Markets Review
TickmillDeposit Amount: Over $8,000
Total Trade: 12 trades
Tickmill Review
ActivTradesDeposit Amount: Over €5,000
Total Trade: 12 trades
ActivTrades Review
Trading 212Deposit Amount: Over €5,000
Total Trade: 15 trades
Trading 212 Review
eToroDeposit Amount: Over $6,000
Total Trade: 18 trades
eToro Review
AvaTradeDeposit Amount: Over €4,000
Total Trade: 21 trades
AvaTrade Review
FXTM (ForexTime)Deposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
Plus500Deposit Amount: Over €6,000
Total Trade: 18 trades
Plus500 Review
AXI (AxiTrader)Deposit Amount: Over €6,000
Total Trade: 12 trades
AXI Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
Admiral MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades
Admiral Markets Review
FxProDeposit Amount: Over €5,000
Total Trade: 15 trades
FxPro Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades
Pepperstone Review
IC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
IC Markets Review
Markets.comDeposit Amount: Over €4,000
Total Trade: 12 trades
Markets.com Review
Vantage FXDeposit Amount: Over €5,000
Total Trade: 15 trades
Vantage FX Review
ThinkMarketsDeposit Amount: Over €5,000
Total Trade: 15 trades
ThinkMarkets Review
Amana CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades
Amana Capital Review
GO MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades
GO Markets Review
FBSDeposit Amount: Over €5,000
Total Trade: 12 trades
FBS Review
FortradeDeposit Amount: Over €5,000
Total Trade: 12 trades
Fortrade Review
GKFXDeposit Amount: Over €5,000
Total Trade: 15 trades
GKFX Review
DarwinexDeposit Amount: Over €5,000
Total Trade: 12 trades
Darwinex Review
LibertexDeposit Amount: Over €5,000
Total Trade: 15 trades
Libertex Review
ICM MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
ICM Markets Review
RoboMarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
RoboMarkets Review
INFINOXDeposit Amount: Over €4,000
Total Trade: 9 trades
INFINOX Review
FXFlatDeposit Amount: Over €5,000
Total Trade: 12 trades
FXFlat Review
DukascopyDeposit Amount: Over €4,000
Total Trade: 15 trades
Dukascopy Review

FAQ and More on Forex Brokers with Skrill Payment method

Many traders often have questions related to trading. We tried to find and give answers to the most important questions related to Skrill forex brokers.

US NFA Approved Forex Brokers Accepting Skrill

National Futures Association (NFA) is a non-profit self-regulatory body for US derivatives. It is not a market, it registers firms and individuals that want to do business with the US derivatives industry. Eventually, there are not many US Brokers who support Skrill as a payment method due to regulations.

Here are some of the NFA approved Skrill forex brokers:

  • Forex.com
  • OANDA

Can I Withdraw with Skrill from Trading Account?

The withdrawal process with Skrill is as much easy as the deposit process. All you have to do is choose Skrill as the option while withdrawing. The process may take a few hours or 1-5 business days.

Although the money withdrawal is available with almost all brokers, some limitations are applicable.

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Best Forex Trading Platform for Windows 2022

For this list, we have searched and tested several forex brokers with platform for Windows.

We opened live accounts and made real deposits between $4,000 and $8,000 with each broker respectively. We placed trades in each 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 deposit/withdrawal processes.

We selected the best forex brokers with a trading platform for Windows based on our trading data and experience as a trader.

Trading Platform for Windows vs Trading Platform for Mac

One of the biggest dilemmas when it comes to trading is which operating system to go for. Both Windows and Mac have their own benefits but also come with some drawbacks too. To fully understand what’s right for your needs there are several factors that need analysis.

When it comes to trading, there is no difference in which operating system is better since the trading platforms are designed for trading specifically not for the system. The choice of the system should depend on your personal preferences.

Let’s have a quick look at some of the benefits and disadvantages of both platforms:

WindowsmacOS
Affordability✔️
Compatibility✔️
Reliability✔️
Easy to Set Up✔️
Invulnerability✔️
User Support✔️
Customization✔️

Best Forex Trading Platforms for Windows

To come up with this list, we have reviewed and tested several brokers with platform for Windows. However, the majority of brokers offer both Mac and Windows. We opened real accounts with deposits and placed trades to scrutinize each broker’s offering regarding spreads, commissions, platform availability, etc.

  • Pepperstone – Best broker with Windows overall
  • IG Markets – Best Windows trading platform for beginners
  • Fidelity – Best Windows stock trading platform
  • Go Markets – Best MetaTrader4 broker for Windows

Best Online Broker with Windows Platform Overall

We chose Pepperstone as the best broker for Windows overall.

Operating since 2010, Pepperstone has proven itself as a top-tier player in the forex and CFD markets with a focus on forex, shares, indices, metals, commodities and even cryptocurrencies. With a minimum deposit of $200 of currency pairs, low spreads across all markets, high leverage, and in-built educational platform, it creates a highly competitive environment for traders.

The broker offers its services via a full suite of MetaTrader and cTrader available on Windows.

Best Beginners Trading Platform for Windows

We picked IG as the vest broker with the Windows platform for beginners.

IG is a top-tier financial firm that has been around since 1974, providing traders with high-quality trading conditions and oversight from 7 regulatory bodies including FMA (New Zealand) and FINMA (Switzerland). With its platform available on Windows, it offers a wide range of tradable instruments across all markets.

The broker is best suitable for beginner traders for its highly competitive and outstanding IG Academy, as well as for its unlimited demo account allowing traders to learn different strategies before actual trading.

Best Windows Stock Trading Platforms

We chose Fidelity ad the best broker with a platform for Windows for stock trading.

Fidelity, a US stockbroker operating since 1946, made its internet debut later in 1995; it is well-regulated by top-tier authorities such as SEC and FINRA.

With its Active Trader Pro desktop platform available on Windows, the broker provides low-cost ETFs and Stocks. Low trading fees, no minimum deposit, and outstanding educational materials make it a role player in the industry.

Best Broker MetaTrader4 For Windows

We picked GO Markets as the best MT4 Platform for Windows.

Launched in 2006, GO Markets is a global CFD broker with top-tier regulations with a large selection of trading tools, high-quality conditions, tight spreads across all markets, and excellent customer support available through the MetaTrader4 Windows desktop.

Top 10 Windows Trading Platform List

Here we picked out the Top 10 Brokers with Platform for Windows

Forex BrokerWindowsTest DetailsBroker Review
FP Markets ✔️ Deposit Amount: Over €6,000
Total Trade: 12 trades
FP Markets Review
FxPro ✔️ Deposit Amount: Over €5,000
Total Trade: 15 trades
FxPro Review
Pepperstone ✔️ Deposit Amount: Over €6,000
Total Trade: 12 trades
Pepperstone Review
XM ✔️ Deposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
GO Markets ✔️ Deposit Amount: Over €4,000
Total Trade: 12 trades
GO Markets Review
Tickmill ✔️ Deposit Amount: Over $8,000
Total Trade: 12 trades
Tickmill Review
FXTM ✔️ Deposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
XTB ✔️ Deposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
IC Markets ✔️ Deposit Amount: Over €5,000
Total Trade: 12 trades
IC Markets Review
Darwinex ✔️ Deposit Amount: Over €5,000
Total Trade: 12 trades
Darwinex Review

FAQ and More on Windows Trading

Often traders raise questions related to trading. We tried to give answers to the most frequently asked questions related to the platform for Windows in the sections below.

Free Trading Platforms Windows 10

Most trading platforms are free of charge; however, some third-party platforms might require subscription payments for their additional advanced features depending on each broker’s policy.

Here’s a list of some free Windows trading platforms:

  • MetaTrade4 and MetaTrader 5 for windows 10
  • E*trade
  • TD Ameritrade

Crypto Trading Platform Windows

Crypto trading can be executed in two ways – either on a crypto exchange where you need to have an e-wallet for your cryptocurrencies, or it could also happen through CFD which does not actually give the trader ownership but rather just speculation about its price changes, as most Forex brokers offer.

Here are some of the brokers allowing crypto CFD trading through their desktop platforms for Windows:

  • Pepperstone
  • XTB
  • FXTM
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Best Forex Brokers with NASDAQ 2022

For this list, we have searched and tested several brokers with Nasdaq.

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 is any issue with the withdrawal process.

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

What is Nasdaq?

Nasdaq – originally “National Association of Securities Dealers Automated Quotations” – is a global online stock exchange market operating since 1971; it is the world’s second-largest market after NYSE (New York Security Exchange).
For more information read Nasdaq’s Wikipedia article or visit their official website nasdaq.com.

  • It started as a subsidiary of the National Association of Securities Dealers (NASD), a predecessor to the Financial Industry Regulatory Authority (FINRA). 
  • Later in 2006, it split from the NASD and began to operate as a national securities exchange.
  • Since its introduction in 1971, Nasdaq has listed approximately 4,000 companies: such tech giants as Google, Amazon, Apple, Microsoft, Meta, Tesla, Nvidia, etc.
  • In 2008, it merged with Scandinavian exchanges group OMX to become the Nasdaq OMX Group.

Nasdaq is a publicly-traded company, hence you can buy or invest in the company’s shares. There are several ways how traders can trade Nasdaq:

  • Trade Nasdaq directly
  • trade Nasdaq through ETFs
  • trade Nasdaq shares
  • speculate only on a price movement by CFDs Trading without owning the instrument itself

Trading Nasdaq might be quite costly and require a large margin, so traders can trade micro or mini Nasdaq 100.

Many forex and CFD brokers allow traders to gain exposure to Nasdaq 100 Index on a CFD basis without owning the actual shares, but rather speculate on price movements.

Best Nasdaq Brokers

To come up with this list, we reviewed several brokers with Nasdaq offering Nasdaq CFD trading. We opened live accounts with each broker depositing between $4,000-$5,000 and placed real trades to see the conditions and spreads offered by each broker.

  • CMC Markets – Best broker with Nasdaq overall
  • IG – Best forex broker with Nasdaq for beginners
  • Interactive Brokers – Best Nasdaq stock broker
  • XM – Best MT5 broker with Nasdaq

Best Online Brokers Nasdaq Overall

We chose CMC Markets as the best broker with Nasdaq overall.

Established in 1989, CMC Markets is an industry-leading global CFD broker regulated by many top-tier regulators such as FCA, ASIC, and MAS just to mention a few. It provides trading with Forex, Indices, Stocks, ETFs, Commodities, Treasuries, and Cryptocurrencies with low spreads and no account or deposit fees. The broker also provides high-quality educational materials and outstanding research tools.

Best Beginners Forex Broker for Nasdaq

We picked IG Markets as the best broker with Nasdaq for beginners.

IG is a well-established financial firm that has been around since 1974. They offer trading conditions suited for traders of all levels, with 7 tier 1 regulatory bodies overseeing them including FMA (New Zealand) and FINMA(Switzerland). With such high standards in place to protect your account from wrongdoing on their end, you can feel assured about setting up an attractive forex or cryptocurrency trade through this broker.

The broker offers outstanding educational materials through its IG Academy, as well as a demo account to try different strategies.

Best Nasdaq Stock Brokers

We chose Interactive Brokers as the best broker for Nasdaq stocks.

Interactive Brokers is one of the top-rated brokers that has been around since 1993 offering 135 markets across 33 countries. It offers a great trading platform with significantly low spreads and excellent auto trading features.

IB gives access to Nasdaq stocks with 0 or low commissions with no account minimum or inactivity fees.

Best MT5 Brokers with Nasdaq

We picked XM from the best MT5 brokers with Nasdaq.

XM is a popular broker offering more than 1,300 CFDs with tight spreads as low as 0 pips.

In terms of platforms, XM doesn’t offer any proprietary platforms but instead offers top-rate MT4 and MT5 platforms with the best offerings in the market- tight spreads, low account fees, and access to the most popular markets.

Top 10 Nasdaq Brokers List

Apart from the above-mentioned list of best brokers with Nasdaq, we have compiled a list of the Top 10 brokers with Nasdaq.

Forex BrokerTest DetailsBroker Review
eToroDeposit Amount: Over $6,000
Total Trade: 18 trades
eToro Review
LibertexDeposit Amount: Over €5,000
Total Trade: 15 trades
Libertex Review
Capital.comDeposit Amount: Over €3,500
Total Trade: 15 trades
Capital.com Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
Plus500Deposit Amount: Over €6,000
Total Trade: 18 trades
Plus500 Review
CMC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
CMC Markets Review
IG MarketsVisit IG
Interactive BrokersVisit Interactive Brokers
AvaTradeDeposit Amount: Over €4,000
Total Trade: 21 trades
AvaTrade Review
TD AmeritradeVisit TD Ameritrade

FAQ and More on NASDAQ Trading

Many traders have a lot of questions related to trading. We tried to give comprehensive answers to the most important queries related to brokers with Nasdaq.

Nasdaq Brokers with Low Minimum Deposit

Trading Nasdaq is also possible with a low minimum deposit. Here are some brokers with Nasdaq offering low or no deposit:

  • Interactive Brokers
  • TD Ameritrade
  • Fidelity

Brokers with Nasdaq Micro


Brokers with Micro Nasdaq offer traders exposure to the leading U.S. stock Nasdaq index in smaller-size contracts with lower margins, however Brokers with real trade of Nasdaq will offer Micro Nasdaq, CFD Brokers offering will depend solely on the broker trading conditions overall.

Here are Popular brokers with Nasdaq micro:

  • Interactive Brokers
  • TradeStation
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Best Forex Indicators for Swing Trading 2022

For this list, we tested several brokers with forex indicators for swing trading.

For this article, we opened real accounts with deposits between $4,000 and $8,000, then placed real trades in each market to get the full picture of spreads and conditions. We also reached out to customer support to solve the issues we have faced while depositing or withdrawing the funds.

We picked the best brokers with forex indicators for swing trading based on our trading data and experience as a trader.

What is Swing Trading and Indicator?

Swing trading is a speculative trading strategy enabling to open and close positions in a short period – from a few days to several weeks – to profit from price changes or the so-called “swings”. While swing trading, traders apply technical analysis and use indicators to eliminate subjectivity and emotional factors.

Technical indicators are mathematical calculations based on the previous market data to forecast anticipated price changes typically depicted as chart patterns.

There are 3 popular types of indicators used by swing traders – trend indicators, momentum indicators, and volume indicators.

Some of the most popular technical indicators tools are:

  • Moving Average
  • Bollinger Bands
  • On-Ballance Volume
  • Stochastic Oscillator
  • Relative Strength Index

To find out more read our article about Technical Indicator Providers.

Best Indicators for Swing Trading

Swing traders use charts and indicators to profit from short price changes since swing trading is typically executed in a short period, it is crucial to identify new momentum as quickly as possible.

Here are the top indicators used by swing traders:

  • Moving averages – a calculation to analyze data points by creating averages of subsets of the total data
  • Volume – an indicator allowing to evaluate trend’s strength at a particular time
  • Ease of movement – a momentum indicator giving a closer look at the volume and how it correlates with price action
  • Relative strength index (RSI) – momentum indicator charting the strength or the weakness of a trend on the closing prices of a recent trading period
  • Stochastic oscillator – similar to RSI, it compares the closing price to the price of a certain period

In fact, there’s no best indicator – everything depends on which indicator resonates well with your needs and your trading strategy.

Most Popular Technical Indicators:

Types of IndicatorsTrading Indicators
📊 Trend Indicators🧮 MA Trading Indicator (Moving Average)
💻 Moving Average Convergence/Divergence (MACD)
📍 Relative Strength Index (RSI)
📚 ADX Trading Indicator (The average Directional Index)
📈 Mean Reversion Indicators📇 Relative Strength Index (RSI)
📂 Bollinger Bands
📜 Internal Bar Range
🔄 Volatility Index (VIX)
📱 Momentum Indicators📉 Relative Strength Index (RSI)
📘 Rate of Change (ROC)
📓 Stochastic Oscillator
📰 Volume Indicator Trading🔁 On-Balance Volume (OBV)
📌 Chaikin Money Flow
📔 Klinger Oscillator

Best Forex Brokers for Swing Trading

Available tools or indicators depending on the availability on the trading platfrom and broker trader would use. Some platforms are a way more sophisticated and some are featuring basic indicators like majority of web based platforms.

To come up with this list, we have tested several brokers with good range of indicators for swing trading. We opened real accounts with deposits and then placed trades to see the conditions for swing trading. Tools offered may differ from broker to broker or platform to platform hence we tried to find brokers with the best tool range.

  • Interactive Brokers – Best Technical Indicators for Swing Trading Broker Overall
  • Trading 212 – Best Broker Forex Swing Trading for Beginners
  • AvaTrade – Best Broker with Swing Trading Indicators MT4
  • TD Ameritrade – Best Broker with Stock Indicators for Swing Trading

Best Technical Indicators for Swing Trading Broker Overall

We picked Interactive Brokers as the best forex broker with indicators for swing trading overall.

Founded in 1003, Interactive Brokers is one of the best CFD and forex brokers with the main focus on broad market classes, low commissions, and superior trade execution with access to more than 135 markets.

Interactive Brokers platforms offer excellent charts and scanners that help identify trading opportunities for swing trading.

Best Broker Forex Swing Trading for Beginners

We chose Trading 212 as the best broker with swing trading indicators for beginners.

Founded in 2004, Trading 212 is a global CFD provider with an easy-to-use web and mobile platform offering more than 1,780 trading instruments across the diverse market.

Trading 212 provides excellent charting tools and indicators for swing traders also decent educational resources for both novice and experienced traders as well as a special community forum for clients to find relevant answers to their trading-related questions.

Best Broker with Swing Trading Indicators MT4

We picked AvaTrade as the best broker with indicators for swing trading on MT4.

AvaTrade is a privately held CFD and forex broker operating since 2006; it offers a wide range of trading instruments in forex, indices, commodities, bonds, cryptocurrencies, stocks, and ETFs with average-to-competitive spreads. The broker allows traders to open accounts for as little as 100 units of the currency base with first-class educational and research resources for beginners.

AvaTrade offers a wide range of indicators through the MT4 platform for swing trading such as oscillators, trend and volume indicators.

Best Broker with Stock Indicators for Swing Trading

Being in operation for over 50 years, TD Ameritrade is a top-of-the-line broker with $0 commissions offering a full-service brokerage experience that caters to the needs of both new investors and advanced day traders taking positions in a variety of asset classes.

When it comes to technical analysis, TD Ameritrade reigns supreme with its vast range of indicators counting over 300 indicators. Some of the indicators are moving average, on-balance volume, etc.

List of Brokers with Swing Trading Tools

Here is a full list of brokers we have tested with the best offering of indicators for swing traders:

Forex BrokersOur test detailsBroker Review
FxPro Deposit Amount: Over €5,000
Total Trade: 15 trades
FxPro Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades
Pepperstone Review
TickmillDeposit Amount: Over $8,000
Total Trade: 12 trades
Tickmill Review
Blackbull MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades
BlackBull Markets Review
ActivTradesDeposit Amount: Over €5,000
Total Trade: 12 trades
ActivTrades Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
FXMDeposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
IC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
IC 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

FAQ and More on Swing Trading Indicators

Many people have a lot of questions regarding trading. Here we address some common traders’ concerns related to indicators for swing trading.

Top 10 Indicators for Swing Trading

We have already covered some of the most commonly used indicators, here are the top 10 indicators for swing trading:

  • Relative Strength Index (RSI)
  • Stochastic Oscillator
  • On-balance volume (OBV)
  • Moving Average Convergence Divergence (MACD)
  • Bollinger Bands (BB)
  • Ease of Movement
  • Support and Resistance
  • Volume
  • Donchian Channel
  • Zig Zag

Best Indicators for Swing Trading Cryptocurrency

Predicting the price movement of cryptocurrencies is crucial; there’s a range of swing trading indicators that help traders to boost their skills.

We have picked some of the most popular tools for cryptos:

  • Relative Strength Index (RSI)
  • Bollinger Bands
  • Moving Average

Keep in mind that the right tool is chosen depending on the strategy, not the instrument.

Best Chart Indicators for Swing Trading

Here are some of the most popular chart indicators for swing trading commonly used in multiple forex website tools like TradingView, TrendSpider, etc:

  • Candlesticks
  • Oscillators
  • Fractals

Volume Indicators for Swing Trading

These types of indicators are mainly built to evaluate securities’ bear and bull power. They help to identify and confirm trends and patterns.

Here’s a list of some of the most popular volume indicators for swing trading:

  • On-balance Volume
  • Ease of Movement
  • Volume Oscillators
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Best Forex Brokers Ghana 2022

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

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

We also contacted the cutomer support to see how the team solved the problems we had encountered. Finally, we withdrew our funds to check the withdrawal process.

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

Is Forex Trading Legal in Ghana?

Ghana is located in the west of Africa. Its economy is mainly based on industrial minerals, precious metals, and hydrocarbons. The country has a distinct economic plan – the “Ghana Vision 2020”, targetting at becoming one of the most developed countries in Africa by the end of 2029.

Though forex trading is comparatively new in the country, it is legal and quite widespread already. However, many traders are still not very aware of how forex trading works. Many African countries do not have regulatory bodies that control the forex market. Ghana, on the contrary, has a separate regulatory authority that controls the sector – The Bank of Ghana.

The official website of The Bank of Ghana is www.bog.gov.gh.

  • The Bank of Ghana supervises and controls the banking and credit system, and ensures efficient management of the country’s external financial services. Also, along with a number of other functions, the Bank promotes and maintains relations with Ghana’s international banking and financial institutions.

Due to the laws imposed by the local regulator, some brokers might be restricted to open trading accounts for Ghana residents. However, there are still trustworthy brokers that offer their services to Ghana traders.

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

Best Forex Brokers in Ghana

Choosing a Ghana forex broker can be difficult. Forex Trading is relatively new in the country, and traders have still a lot to learn about the market. This means, that choosing a trustworthy and reliable broker can be quite difficult at times.

We recommend signing only with trustworthy brokers, as money safety goes first. There are Brokers that are based in the country and fall under the local regulation, and there are international brokers that accept Traders from Ghana.

As most of Ghana traders are beginners in forex trading, we recommended to pay a close attention to the broker’s offerings. The payment methods and their availability is one of the first things to check. Customer support is the next important aspect. Traders should make sure that the broker’s support team provides help in their preferred language.

To select the best forex brokers Ghana, we have reviewed many reputable forex brokers. Based on our research we have come up with the following best brokers Ghana:

  • XTB – Best Forex Broker Online Ghana Overall
  • Trading 212 – Best Forex Brokers in Ghana for Beginners
  • Admiral Markets – Best Forex Trading App in Ghana
  • ThinkMarkets – Best Low Spread Online Forex Trading in Ghana

Best Forex Broker Online Ghana Overall

We picked XTB as the overall best forex broker Ghana. 

Founded in 2002 XTB is a global Forex and CFD broker. The broker is headquartered in London and Warsaw. Also, it holds licenses in the UK, Cyprus, Poland, Spain, and Belize. The broker offers the following markets: Forex, Indices, Stocks, Commodities, ETFs, and Cryptocurrencies. XTB offers 2 main account types: the Standard, and PRO accounts, also a forex swap-free Account. The broker offers various payment methods including bank wires, credit and debit cards, and e-wallets such as Skrill and PayPal.

With XTB traders have access to the broker’s proprietary trading platform – xStation, and also to the popular MetaTrader 4 (MT4) platform. The education section of XTB is also excellent. It offers a demo account, webinars, ebooks, video tutorials, educational articles, and videos.

Best Forex Brokers in Ghana for Beginners

We picked Trading 212 as the best forex broker Ghana for beginners.

Trading 212 is a global Forex and CFD broker. It is headquartered in London and holds licenses from the UK Financial Conduct Authority (FCA) and the Bulgarian Financial Supervision Commission (FSC). The broker has two account types: Invest and CFD. With Trading 212 traders have access to multiple categories: Indices, Forex, Commodities, Stocks, and Cryptocurrencies.

The broker has its own proprietary platform and traders can conduct their trades only on this platform. As to the payment methods, Trading 212 offers bank wires, credit and debit cards, as well as e-wallets such as Skrill, and PayPal.

Based on our research and trades, Trading 212 is the best forex broker Ghana for beginners. Its educational section is very good and might be a great start for newbies. among the educational offerings is an in-depth video tutorial course. It is designed to help beginner traders have an easy and profitable start. Also, Trading 212 offers text tutorials, educational articles, and a demo account.

Best Forex Trading App in Ghana

We picked Admiral Markets as the best trading app forex broker Ghana. 

Admiral Markets is a global Forex and CFDs broker. It was founded in 2001. Headquartered in Estonia, the broker is tightly regulated and is licensed in Australia, the United Kingdom, Cyprus, and Estonia. With the broker, traders have access to the trading instruments in the following categories: forex pairs, indices, stocks, commodities, and cryptocurrencies.

There are five main account types: Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, and Zero.MT5. Also, Admiral Markets offers Islamic accounts to its Muslim traders. Admiral Markets offers fast and easy deposits via different payment methods: bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller.

We have chosen Admiral Markets as the best trading app forex broker Ghana. The broker enables its clients to conduct their trades on the popular MetaTrader 4 and MetaTrader 5 platforms. Both platforms are good and provide successful trading due to the existing tools and features.

Best Low Spread Online Forex Trading in Ghana

We picked ThinkMarkets as the best lowest spread forex broker Ghana.

ThinkMarkets was founded in 2010. The broker is headquartered in Australia and holds licenses in Australia, the United Kingdom, South Africa, and Seychelles. ThinkMarkets enables traders to have access to the following instruments: forex, indices, commodities, cryptocurrencies, and shares CFDs.

ThinkMarkets has its own proprietary platform. Also, it offers the popular MT4 and MT5 platforms. ThinkMarkets offers multiple payment methods, such as bank transfers, credit and debit cards, and online wallets like PayPal, Neteller, and Skrill.

We have chosen ThinkMarkets as the best low spread forex broker Ghana, as based on our research, its spreads are rather low and attractive. Spreads offered by ThinkMarkets are on the lower side for almost all categories.

List of Forex Brokers in Ghana

We have tested many regulated forex brokers Ghana. It was not very easy to make a full list of forex brokers Ghana, due to the fact that the market in the country is still new. However, we have come up with a list of available Ghana forex brokers.

Ghana Forex BrokerAbout Our TestOur Review
AXI (AxiTrader)Deposit Amount: Over €6,000
Total Trade: 12 trades
AXI Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
Admiral MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades
Admiral Markets Review
Vantage FXDeposit Amount: Over €5,000
Total Trade: 15 trades
Vantage FX Review
ThinkMarketsDeposit Amount: Over €5,000
Total Trade: 15 trades
ThinkMarkets Review
INFINOXDeposit Amount: Over €4,000
Total Trade: 9 trades
INFINOX Review
Amana CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades
Amana Capital Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
TickmillDeposit Amount: Over €8,000
Total Trade: 12 trades
Tickmill Review
Trading 212Deposit Amount: Over €5,500
Total Trade: 15 trades
Trading 212 Review

FAQ and More on Forex Trading in Ghana

Traders usually have a lot of questions and concerns related to forex trading in Ghana. To be helpful we picked and answered some of the most important and frequent queries related to forex brokers Ghana.

How to Verify Ghana Regulated Broker?

Verifying Ghana forex brokers is not really difficult. Traders can look for the information on the official website of the Bank of Ghana. On the Bank’s official website it is possible to find information about the brokers operating in the country.

However, forex brokers Ghana can also be verified on the broker’s website. Generally, all brokers provide information about their availability in certain regions and countries.

the Bank of Ghana - official website

Forex Brokers that Accept Mobile Money in Ghana

We have tested a number of forex brokers Ghana, to choose the best brokers that accept mobile money in the country. Based on our test, we came up with two forex brokers Ghana:

  • Tickmill
  • XM

Tax for Forex Trading in Ghana

In Ghana forex trading is subject to taxation. The law dictates that individuals, that gain profits from selling stocks, bonds, property, precious metals, and others, need to pay capital gain taxes. The tax rate in the country is 15%. However, in the case of businesses, the capital gains are taxed differently. Commonly, they are just included in the annual returns and taxed on annual basis.

However, Ghana traders should remember that the responsibility of filing tax forms to the relevant institutions is theirs. Any delays or tax avoidance can lead to complications and fines.

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Best Forex Trading Schools Indonesia 2022

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

We have enrolled with several online Forex trading webinars, seminars, and trading school programs that are provided by different trading schools available in Indonesia. 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 Indonesia available to both beginner and advanced traders. 

What is Best Forex Trading School Indonesia?

Before starting Forex trading, it is important to understand how the market works. Indonesia Forex trading schools offer plenty of courses, webinars, and seminars to help beginners get started or traders with experience improve knowledge or polish trading skills. 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. It is necessary to find a school in the preferred language: Indonesian, English, etc. If traders master English, they can find schools in Indonesia and worldwide alike.

Forex brokers in Indonesia are regulated by the Commodities and Futures Trading Regulatory Agency, locally known as Badan Pengawas Perdagangan Berjangka Komoditi (BAPPEBTI). The agency is supervised by the Ministry of Finance and run by an administrative board of industry experts. Read more about Indonesia Forex Brokers.

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

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

Indonesia Best Forex Trading School Online Free

There are many Forex trading schools and brokers in Indonesia offering a variety of online free courses and programs to meet the needs of both beginners and experienced traders. Some of the best Forex trading schools for free of charge in Indonesia include the following:

These trading schools offer comprehensive courses covering all the aspects of Forex trading, from basic to advanced strategies.

As a result of our research, we picked GKInvest as the best Free Forex Trading Online School in Indonesia. GKInvest is an official futures brokerage company, also offering a wide range of educational products on the Forex Trading Market.

Best Online Trading Schools in Indonesia

While looking for trading courses and schools in Indonesia to get started, traders are recommended to learn only from reliable and popular firms, and never use any education materials as trading advice. For our list, we selected only popular and reputable schools and courses with quality education and materials both for free and paid for various level traders.

School Name City Course Course Cost Course Duration  Free Materials 
Imperium Financial Academy (IMFA)JakartaBasic Certificate Course in Commodity Futures$10010 Hours
GKInvestSouth
Jakarta
Forex for BeginnersFreeLifetime Access Yes
Solo Training CenterSurakartaTrading Beginner and Advanced ClassesNot ProvidedOn-Demand  –
Online Trading AcademyJakartaFinancial TradingFree and Paid CoursesOn-DemandYes
Forex Traders Community From Zero to HeroNorth SumatraForex Trading CourseIDR 123,456
On-Demand
Indonesia Stock ExchangeSouth JakartaStock TradingIDR
100.000 (the school fee is returned in the form of capital for stock investment)
2 Sessions
ICDX GroupCentral JakartaCommodity TradingFree and Paid ClassesOn-DemandYes
Didimax ForexBandungForex Market TradingFreeOn-DemandYes

FAQ and More on Forex Trading School for Indonesian

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 Indonesia.

The Forex trading market offers many trading school options for traders in Indonesia. 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.

Forex Trading Tutorial Indonesia

The Forex market in Indonesia is growing rapidly, and Forex trading tutorials assist beginners in this market covering the basics of Forex trading, including market analysis, risk management, and trade execution. These tutorials can be found online or in-person from brokerages and financial trading schools. Here we picked some of the more popular Forex trading tutorial schools in Indonesia:

  • Online Trading Academy
  • GKInvest
  • Solo Training Center

Best Schools for Forex Trading Indonesia by Category

Schools can focus either on one particular trading strategy or instrument preference or can run different courses based on the instrument or strategy the trader is looking for.

Here we selected some popular trading instruments and schools in Indonesia offering courses on the topic:

  • Online Trading Academy – Best Currency Trading School
  • Imperium Financial Academy – Best Cryptocurrency Trading School
  • ICDX Group – Best Commodity Trading School
  • Indonesia Stock Exchange – Best Shares Trading School
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Best Egypt Forex Brokers 2022

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

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

We also reached out to customer support to see how the team solved the problems we had faced. At last, we withdrew our funds to check the withdrawal process.

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

Is Forex Trading Legal in Egypt?

Egypt is located in the northeastern corner of Africa. The economy of the country depends highly on agriculture, petroleum imports, natural gas, and tourism. The country’s official currency is the Egyptian Pound.

Traders wonder if forex trading is legal in Egypt. While it is becoming more and more popular in the country, there are still certain restrictions by local laws and regulations. For instance, among the common restrictions is a maximum trade amount or balance in the trading account.

The country’s non-banking financial sector is controlled by The Financial Regulatory Authority (FRA). The body was established in 2009. Its main aim is to supervise and regulate non-banking financial markets, such as capital markets, futures exchanges, insurance activities, and forex.

The official website of The Financial Regulatory Authority is www.fra.gov.eg.

Due to the local laws imposed by the FRA, some brokers might be restricted to open trading accounts for Egypt residents. In that case, the only options might remain offshore or international brokers, so we recommend choosing among brokers with additional regulations and entities in the UK, Australia, etc, and opening accounts under its international entity for safety.

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

Best Forex Brokers in Egypt

Choosing an Egypt forex broker can be quite difficult. Due to strict regulations present in the country, there may be certain limitations.

We recommend signing only with trustworthy brokers, as money safety goes first. Besides, Muslim traders should check whether the broker offers an Islamic account, as Sharia laws prohibit any Muslim to earn or pay interest.

When choosing a Egypt forex broker, traders are recommended to check the broker’s offerings. It is important to pay attention to the broker’s payment methods and whether they are available in the country. Another important aspect is customer support. Before signing with a broker Egyptian clients should check whether the broker provides help in their preferred language.

To select the best Egypt forex brokers, we have reviewed many reputable forex brokers. Based on our test we have come up with the best Egypt brokers:

  • AxiTrader – Best Forex Broker in Egypt Overall
  • XM– Best Forex Brokers for Beginners for Egypt
  • Vantage FX – Best Copy Trading Forex Brokers in Egypt
  • RoboMarkets – Best Egyptian Lowest Spread Forex Brokers

Best Forex Broker in Egypt Overall

We picked AxiTrader as the overall best Egypt forex broker. 

Founded in 2007, Axi Trader was rebranded to Axi in 2020. The broker is based in Australia and holds multiple licenses in Australia, the United Kingdom, the UAE, Saint Vincent, and the Grenadines. Axi offers instruments in the following categories: forex pairs, indices, commodities, and cryptocurrencies. There are two main account types: the Standard, and PRO accounts. The broker also offers Islamic accounts to its Muslim clients.

Axi’s spreads are below industry averages. We also noticed that the broker charges extremely low spreads on Bitcoin trades. AxiTrader offers the popular MetaTrader 4 platform. The broker offers various payment methods: bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller. AxiTrader provides in-depth articles and video tutorials to help the traders navigate the platform.

Best Forex Brokers for Beginners for Egypt

We picked XM as the best Egypt forex broker for beginners.

XM is a Forex and CFDs broker founded in 2009. It holds multiple licenses in Australia, the United Kingdom, Cyprus, UAE, and Belize. With XM Egyptian traders have access to forex pairs, indices, stocks, and commodities. Among the broker’s payment methods are bank wires, credit and debit cards, and e-wallets such as Skrill and Neteller.

We have chosen XM as the best Egypt forex broker for beginners. The broker’s education section is excellent, thus it is suitable for beginner traders. XM offers the Tradepedia videos, available for traders all over the world. It also offers other materials, such as weekly webinars and detailed articles.

Best Copy Trading Forex Brokers in Egypt

We picked Vantage FX as the best copy trading Egypt forex broker. 

Founded in 2009 Vantage FX is a forex and CFDs broker. The broker is headquartered in Australia, yet it holds licenses in the United Kingdom, Australia, Vanuatu, and The Cayman Islands. It enables traders to have access to forex, indices, commodities, cryptocurrencies and shares CFDs.

The broker offers different account types: Raw ECN, Standard STP, and Pro ECN. Vantage FX does not have its proprietary platform. Instead, it offers the popular MetaTrader 4 and MetaTrader 5 platforms.

We have chosen Vantage FX as the best copy trading Egypt forex broker. It provides its copy trading platform with three third-party service providers: ZuluTrade, MyFXBook Autotrader and DupliTrade.

Best Egyptian Lowest Spread Forex Brokers

We picked RoboMarkets as the best lowest spread Egypt forex broker.

GO Markets is a global forex broker founded in 2009. It is headquartered in Australia. The broker has multiple licenses in Australia, Cyprus, the UAE, and Seychelles. GO Markets offers hundreds of tradable instruments: forex pairs, indices, metals, commodities, and shares. With GO Markets clients can conduct their trades on popular MetaTrader 4 and MetaTrader 5 platforms.

We have chosen Go Markets as the best low spread Egypt forex broker. Its spreads are mostly on the lower side. Spreads on forex and commodity trades are lower than industry averages.

List of Best Forex Companies in Egypt

We have tested many regulated Egypt forex brokers. Although due to local restrictions not all brokers are available in the country, we have come up with a list of available Egypt forex brokers.

Egypt Forex BrokerAbout Our TestOur Review
AXI (AxiTrader)Deposit Amount: Over €6,000
Total Trade: 12 trades
AXI Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
Admiral MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades
Admiral Markets Review
Vantage FXDeposit Amount: Over €5,000
Total Trade: 15 trades
Vantage FX Review
ThinkMarketsDeposit Amount: Over €5,000
Total Trade: 15 trades
ThinkMarkets Review
GO MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades
GO Markets Review
INFINOXDeposit Amount: Over €4,000
Total Trade: 9 trades
INFINOX Review
Amana CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades
Amana Capital Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
FXTMDeposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
TickmillDeposit Amount: Over €8,000
Total Trade: 12 trades
Tickmill Review
Trading 212Deposit Amount: Over €5,500
Total Trade: 15 trades
Trading 212 Review

FAQ and More on Forex Trading in Egypt

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

How to Verify Egypt Regulated Broker?

Verifying Egypt forex brokers is not really difficult. Traders can look for the information on the official website of the Financial Regulatory Authority.

However, Egypt forex brokers can also be verified on the broker’s website. Generally, all brokers provide information about their availability in certain regions and countries.

Forex brokers Egypt

Egypt No Deposit Bonus Forex

No deposit bonus is a marketing tactic that brokers use to attract new traders. It is an initial free credit that brokers offer their new traders. Based on our test, we found out that only XM offers no deposit bonus in Egypt.

Islamic Accounts in Egypt

The existence of Islamic accounts in Egypt is very important, as many Egypt forex traders are Muslims and they can conduct trades only by using Islamic accounts.

Based on our trades we chose the following Egypt forex brokers with Islamic accounts:

  • AvaTrade
  • Amana Capital
  • Go Markets

Tax in Egypt for Forex Trading

Egyptian traders are often confused about whether their forex gains are subject to taxation or not. Generally, income from forex trading is not taxed in the country, as due to the local law, income sourced from outside of the country is not subject to taxation. 

However, Egyptian traders should be very careful and check the information with the relevant authorities.

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Best Forex Trading School Nigeria 2022

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

We have enrolled with several online forex trading webinars, seminars, and trading school programs that are provided by different trading schools available across Nigeria in Lagos and Abuja. 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 Nigeria available to both beginner and advanced traders. 

What is Trading School in Nigeria?

Before starting Forex trading, it is important to understand how the market works. There are separate Forex trading schools and trading brokers who offer education and courses and run their own trading academies to help beginners get started or traders with experience improve knowledge or polish trading skills. 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 brokers in Nigeria are authorized by the Central Bank of Nigeria (CBN) to operate in Nigeria. Forex trading is not heavily regulated in Nigeria. If you need to trade investors capital, you should be licensed to do that legally but it is completely legal to trade your own capital. Read more about Nigeria Forex Brokers.

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

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

Best Nigeria Forex Trading School Online Free

There are many Forex trading schools and brokers in Nigeria offering a variety of online free courses, programs, and MBA Forex trading Nigeria courses to meet the needs of both beginners and experienced traders. Some of the best Forex trading schools for free of charge in Nigeria include the following:

As a result of our research, we picked Firm Fountain Forex Academy as the best Forex Trading School in Nigeria both for free and paid. The school offers professional Forex trading courses and mentorship programs for beginners and pro traders.

Forex Trading Academy in Nigeria

While looking for Forex trading courses and schools in Nigeria to get started, traders are recommended to learn only from reliable and popular firms, and never use any education materials as trading advice. For our list, we selected only popular and reputable schools and courses with quality education and materials both for free and paid for various level traders.

School Name City Course Course Cost Course Duration  Free Materials 
Firm FountainAbujaForex Trading CoursesFree and Paid OptionsOn-Demand Yes
Oasis International Forex SchoolLagosForex TradingApprox. NGN150.000On-Demand  –
FXTMAbujaForex Trading StrategiesFreeOn-DemandYes
Revglobal Forex AcademyLagosForex Business CoachingNGN155,000 ($310)60 Hours
Aplus Trading HubUyoPrice Action and Swing Trading StrategiesNot ProvidedOn-Demand
Forex Profit AcademyLagosThe Basics of the Forex MarketFreeOn-DemandYes
P.C. Controllers LtdLagosForex and Cryptocurrency TrainingFreeOn-DemandYes

Forex Trading School in Lagos

For this list, we have selected the most reputable and popular Forex trading schools in Lagos, Nigeria:

  • Oasis International Forex School – Best Forex Trading School
  • Revglobal Forex Academy – Best Currency and Stock Trading School
  • Forex Profit Academy – Best Trading Course for Beginners
  • P.C. Controllers Ltd – Best Forex and Cryptocurrency Courses

Forex Trading School in Abuja

We have made research and picked these as the best Forex trading schools in Abuja, Nigeria:

FAQ and More on Forex Trading Schools Nigeria

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 Nigeria.

The Forex trading market offers many trading school options for traders in Nigeria. 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.

Forex Trading Training in Nigeria

There are a number of Forex trading training centers in Nigeria teaching you the skills and knowledge you need to succeed in this field.

Here we listed some of the best Forex trading training centers in Nigeria along with their training and seminars on the topic:

  • FXTM Training Center – Beginners Guide to Forex Trading
  • Alpari – Nigeria Forex Trade Training
  • P.C. Controllers Ltd – Forex Seminar, Cryptocurrency Training
  • Firm Fountain – Forex Training

Forex Trading Tutorial in Nigeria

There are many trading schools in Nigeria that offer Forex trading tutorials. These schools typically offer courses that cover the basics of Forex trading, including market analysis, risk management, and trade execution. Many of these schools also offer more advanced courses that focus on specific strategies or trading styles. Some of the more popular Forex trading tutorial schools in Nigeria include the following:

  • Revglobal Forex Academy, Forex Business Coaching – Best Currency Trading School
  • P.C. Controllers Ltd, Cryptocurrency Training – Best Cryptocurrency Trading School
  • Brainy Trading, Future Trading – Best Futures Trading School
  • Act Financial Training Center, Understanding Commodity Market & Trading in Commodities – Best Commodity Trading School
  • GMG Training Group, Stock and Financial Training – Best Shares Trading School
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Best Forex Trading Tools 2022

For this list, we tested several brokers offering forex trading tools.

For this article, we opened real accounts with deposits between $4,000 and $8,000, then placed real trades in each market to get the full picture of spreads and conditions. We also reached out to customer support to solve the issues we have faced while depositing or withdrawing the funds.

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

What is Forex Tarding Tool?

Forex trading might be daunting for novice and seasoned traders alike, and trading tools are designed to improve trading skills and performance, helping with important information or analysis. Trading tools gather all together what broker or trading platform may offer including analysis, technical analysis, various calculators, convertors, market news, research, insights, economic calendars, trading signals, etc.

The range of trading tools may vary depending on each broker’s offering, while some may offer comprehensive tools and run in-house analysis center to support traders or provide just basic range like Economic Calendar and News Feed, making them one-stop choice with all necessary tools and environment available. Read Best Technical Analysis Forex Brokers

So in case tools are limited or poor at Brokers offering, there are third-party providers that may focus on particular tool like News, Reviews, Analysis etc, making them great providers too like famous TradingCentral or TradingView specialized sites. Read about Trading Signal Providers.

Forex trading tools can either be paid by a subscription or be offered free of charge.

It is important to select and use those tools that are best for your needs, trading style, and the particular market. However, there are some forex trading tools that are useful to most traders, regardless of their trading styles and strategies:

  • Technical Analysis in Trading Platform
  • Market Analysis
  • Trading Signals
  • Insights
  • Economic News calendar
  • Charting Tools Software
  • Research Tools
  • Financial News
  • Various Converters
  • Currency Correlation tools
  • Calculators
  • Risk Management Tools
Type of ToolTrading tool
🖥️ Trading Platforms💻 cTrader
👨‍💻 MetaTrader 4/5
📱 TradeStation
📊Charting Software📈 Bar Chart
📉 Histogram Chart
🗠 Bubble Chart
🔍Research Tools 📰 Newsfeed
🧮 Screener
⌚ Watchlist
🖩 Calculators📓 Pip Calculator
📁 Margin Calculator
📑 Volatility Calculator
🧮 Technical Analysis Indicators🔁 On-Balance-Volume (OBV)
⏱️ Relative Strength Index
⚙️ Bollinger Bands

Best Forex Analysis Tools

Forex analysis is the study of currency pairs and how they change in price and what kind of factors can cause the change. It’s used by traders who buy foreign exchange to make money from its fluctuations.

There are two types of forex analysis – fundamental and technical.

  • Fundamental analysis is used to analyze the change in the forex market by monitoring external factors such as the unemployment rate, gross domestic product (GDP), or any other political, economic, and social factors.
  • Technical analysis is employed to evaluate and identify trading opportunities by examining past market data. It comes both in manual – where traders manually examine technical indicators – and automated forms – where trader “teaches” the software to look for certain signals.

Despite the fact that there are no best analysis tools since everything depends on the trading strategy, we have picked some tools useful for all traders regardless of the used strategies:

  • Moving Averages, Stochastic and MACD, On Balance Volume – Best technical analysis tools for forex trading
  • Earnings per share or EPS, Price-to-earnings (P/E) ratio, Return on equity, Dividend payout ratio – Best forex fundamental analysis tool
  • Stop loss and targets levels, Risk – reward ratio, Position size – Best forex risk management tool
  • Trend following, Oscillators – Best crypto trading tool

Best Trading Tools Forex Brokers

To come up with this list, we opened live accounts with each broker with advanced trading tools. We deposited money and placed real trades to see each broker’s offerings. We tried to pick those with a more sophisticated range of tools.

  • FxPro – Overall Best Forex Broker with Trading Tools
  • XM – Best Broker with Forex Trading Tools for Beginners
  • BlackBull Markets – Best Broker with Forex Tools MT4
  • GKFX Best Tools Broker with Lowest Spread
  • Saxo Bank – Best Broker for Forex Trading Tools Mac

Overall Best Forex Broker with Trading Tools

We chose FxPro as the best broker with forex trading tools overall.

Founded in 2006, FxPro is a major CFD provider of 6 asset classes such as Forex, Shares, Spot Indices, Futures, Spot Metals, and Spot Energies with access to top-tier liquidity with no dealing desk intervention.

FxPro offers trading tools that are above average for the industry. It provides decent fundamental analysis as well as works with Trading Central – a third-party provider – to offer technical analysis. The broker also offers an economic calendar, multiple calculators, VPS, and algo trading to its clients through MT4 and cTrader platforms.

Best Broker with Forex Trading Tools for Beginners

We picked XM as the best broker with trading tools for beginners.

XM has been in operation since 2009 and is one of the best CFD and forex providers across the globe. XM offers outstanding educational resources and market research. XM is a MetaTrader-only broker with a user-friendly interface and low fees offering an exclusive package of algorithmic technical analysis tools for its clients coupled with economic calendar, newsfeed, and forex calculators.

Best trading tools for beginners must have 3 important aspects, First, the platform should be easy to use and beginner-friendly. Second is the provision of a variety of educational materials to get new investors off to a strong start. And third, the best platforms deliver access to quality stock market research.

Best Broker with Forex Tools MT4

We picked BlackBull Markets as the best MT4 broker with forex trading tools.

BlackBull was founded in 2014 in New Zealand serving more than 10,000 clients in over 180+ countries. BlackBull is an industry-leading ECN broker offering access to more than 300 tradable instruments on MT4/5 and WebTrader with 24/6 support. The broker offers good market insights and economic calendars, and charts for traders.

Typically MT4 is packed with various indicators and trading tools with the help of which traders can easily forecast price dynamics. However, some might find MT4 outdated and prefer MT5 instead.

Best Tools Broker with Lowest Spread

We chose GKFX as the best broker with low spreads and forex trading tools.

Since 2010, GKFX is operating as a global CFD provider offering great market research and analysis tools. GKFX offers technical analysis through Trading Centra, a user-friendly Autochartist tool that relies on chart analysis as well as support and resistance levels to suggest emerging trends
and options for trade.

The broker offers the lowest spreads for almost all instruments in the market particularly for forex (0.67 pips) and cryptos (36.62 pips).

Best Broker for Forex Trading Tools Mac

We chose Saxo Bank as the best broker with forex trading tools for Mac.

Founded in 1992, Saxo Bank is a multi-asset broker with brilliant research and market analysis tools and over 40,000 securities to trade. It offers advanced charting and trading capabilities with a comprehensive newsfeed.

Saxo Bank’s SaxoTrader Pro desktop trading platform and SaxoTrader GO web and mobile trading app are excellent trading software for Mac users. However, there is no big difference whether you are using Mac or any other operating system.

List of Brokers with Great Trading Tools

Here we made a list of brokers that provide comprehensive tools for Forex trading making them almost one-stop place gathering education, trading performance, research and good tools.

Forex BrokersOur test detailsBroker Review
FxPro Deposit Amount: Over €5,000
Total Trade: 15 trades
FxPro Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades
Pepperstone Review
TickmillDeposit Amount: Over $8,000
Total Trade: 12 trades
Tickmill Review
Blackbull MarketsDeposit Amount: Over €4,000
Total Trade: 12 trades
BlackBull Markets Review
ActivTradesDeposit Amount: Over €5,000
Total Trade: 12 trades
ActivTrades Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
FXMDeposit Amount: Over €6,000
Total Trade: 12 trades
FXTM Review
IC MarketsDeposit Amount: Over €5,000
Total Trade: 12 trades
IC 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

FAQ and More on Trading Tools Forex Brokers

Beginner traders often rise trading-related questions. We tried to give comprehensive answers to some of the most important queries related to forex trading tools.

Forex Trading Tools Free

Forex trading tools are available both on a subscription basis and free of charge. Some basic tools are mainly available for free, however, to get access to more advanced tools traders might pay fees based on the offering available by other specialized providers., also Brokers offer some range of tools depending on each proposal, while some might be on fee basis too.

Here are some of the most popular free forex trading tools available on platform:

  • Trend Lines
  • Moving Averages
  • Relative Strength Index
  • On-Balance Volume

Online Trading Tools

Forex website tools for traders can be found on multiple websites and platforms, as well as social media platforms like Youtube, etc. Brokers also provide multiple third-party analytical and research tool providers.
It is important to find a reliable source because scammers will sometimes set up fake sites that look like they’re from trade organizations or financial firms. Check our article on Forex Trading Indicator Providers

Fibonacci Tool Forex

Fibonacci retracement is a method of technical analysis for determining support and resistance – called after Fibonacci sequence numbers – levels depicted in horizontal lines. Each level is associated with a percentage. The percentage is how much of a prior move the price has retraced. The Fibonacci retracement levels are 23.6%, 38.2%, 61.8%, and 78.6%. While not officially a Fibonacci ratio, 50% is also used.

Based on our experience, we found several brokers with Fibonacci retracements.

  • OANDA
  • Interactive Brokers
  • FxPro

Automated Forex Tools

To set up an auto trading system traders usually use trading tools by which robot or auttomated system will take an etry and exit points. Here are some of the most used tools for auto trading:

  • Moving average (MA)
  • Exponential moving average (EMA)
  • Stochastic oscillator
  • Moving average convergence divergence (MACD)
  • Bollinger bands

List of brokers offering these tools:

  • OANDA
  • XM
Categories
Uncategorized

Best Forex Broker Estonia 2022

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

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

We also contacted customer support to see how the team was able to solve the issues we had encountered. Finally, we withdrew our funds to check the withdrawal process.

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

Is Forex Trading Legal in Estonia?

Estonia is a country situated in Northern Europe. Estonia is a member of the European Union and has a developed economy. Still in 2011, the country adopted the euro as a currency. Estonia stands out for its balanced budget, competitive banking sector, non-existent debt, and free trade regime.

In Estonia, Forex trading is not only legal but also well-regulated. First, as an EU member, Estonian traders have access to the brokers under the EU MiFID derivative.

However, the financial sector in the country is strictly and fully regulated by the Ministry of Economic Affairs and Communications. The main goal of the Ministry is to encourage economic competitiveness and transparency in the country, protecting the Estonian interest within the EU.

What is more, all the companies and firms in Estonia should be included in the official MTR registry. This is also true for all the Forex brokers Estonia.

The official website of the Ministry of Economic Affairs and Communications is www.mkm.ee.

🏦RegulatorThe Ministry of Economic Affairs and Communications
🛡️Is It safe to tradeYes
🔒Negative Balance ProtectionYes
💰Compensation SchemeYes
📊 Maximum Leverage1:30

Best Forex Brokers in Estonia

Choosing a forex broker Estonia has become quite easy. This is due to strict regulation present in the country, as both the local and international brokers should be tightly regulated and meet all the conditions set by the country’s regulated body. Forex brokers are not able to operate in Estonia if they are not MTR-regulated.

However, being a member of the EU, almost all the European brokers are available in the country, due to the ESMA regulation rules. We recommend Estonian traders sign in only with reputable firms, with tight regulations.

Also, when choosing a forex broker Estonia, the residents should pay attention to a number of aspects. For instance, payment methods are essential. Traders are recommended to check if the broker offers deposit and withdrawal methods available in the country. Then, another important aspect is customer support. Before signing with a broker, it is advisable to find out if the broker provides support in the trader’s preferred language.

To select the best forex brokers Estonia, we have reviewed many reputable forex brokers. Based on our test we are able to offer a list of the best forex brokers Estonia:

  • Amana Capital – Overall Best Broker in Estonia
  • Trading 212 – Best Forex Broker for Beginners Estonia
  • Robo Markets – Best Metatrader 4 Broker Estonia
  • Think Markets – Best Low Spread Forex Broker for Estonia

Overall Best Broker in Estonia

We picked Amana Capital as the overall best forex broker Estonia. 

Amana Capital is a forex and CFDs broker. It was founded in 2010 and has offices in Dubai, London, Limassol, and Beirut. With Amana Capital traders have access to multiple trading instruments: forex, indices, commodities, cryptocurrencies, and shares CFDs. The broker is well-regulated and holds top-tier licenses: FCA, CySEC, and CMA. Amana Capital offers four account types: Amana Classic, Amana Active, Shares Account, and Amana Elite.

Based on our test spreads on forex and share CFDs are mostly on the lower side. Estonian clients can conduct their trades on the popular MT4 and MT5 trading platforms. The broker offers a wide choice of payment methods: bank transfers, credit and debit cards, online wallets like Neteller and Skrill, and many other popular methods.

The broker’s customer support is quite helpful. Traders can contact them through a live chat, email, or phone. Amana Capital also offers decent education: webinars, guides on forex trading, and, a Demo account.

Best Forex Broker for Beginners Estonia

We picked Trading 212 as the best forex broker Estonia for beginners.

Founded in 2004 Trading 212 is a global Forex and CFD broker. It is located in London. The broker is licensed by the UK Financial Conduct Authority (FCA) and the Bulgarian Financial Supervision Commission (FSC). Trading 212 enables traders to trade multiple instruments in the following categories: Indices, Forex, Commodities, Stocks, and Cryptocurrencies.

The broker offers Invest and CFD account types. The broker does not offer the popular MT4 and MT5 platforms. Instead, it has its own proprietary platform that has all the tools and features for favorable trading. It offers various payment methods, such as bank wires, credit and debit cards, as well as e-wallets such as Skrill, and PayPal.

We have chosen Trading 212 as the best forex broker Estonia for beginners. Its educational section is suitable for beginner traders. The broker offers an in-depth video tutorial course that will help newbie traders have a successful start. Trading 212 also offers text tutorials, educational articles, and a demo account.

Best Metatrader 4 Broker Estonia

We picked RoboMarkets as the best MT5 forex broker Estonia. 

RoboMarkets (RoboForex) is a forex and CFDs broker. It is headquartered in Cyprus and holds licenses in Cyprus, Belarus, and Belize. RoboMarkets offerings include forex, stocks, indices, and commodities. The broker has different account types: Pro Account, ProCent Account, Prime Account, ECN Account, and R Trader Account.

Based on the tests we conducted on MT5 Pro and R Trader accounts spreads are around the industry average or a bit higher. Spreads on indices and gold are on the lower side.

We have chosen RoboMarkets as the best MT4 best forex broker Estonia, as it offers the popular MetaTrader 4 to its traders, with all the best tools and features suitable for successful trading. RoboMarkets also offers the MT5 platform, as well as its own proprietary platform – R Trader.

Best Low Spread Forex Broker for Estonia

We picked ThinkMarkets as the best lowest spread forex broker Estonia.

ThinkMarkets was founded in 2010 in Australia. It is a forex and CFDs broker and holds licenses in Australia, the United Kingdom, South Africa, and Seychelles. With ThinkMarkets, traders have access to multiple instruments: forex, indices, commodities, cryptocurrencies, and shares CFDs. The broker enables traders to conduct their trades both on MT4 and MT5 platforms. Also, the broker has its own proprietary platform.

We have chosen ThinkMarkets as the best low spread forex broker Estonia, as it offers attractive spreads in almost all categories. Generally, the spreads are below the industry benchmark.

Estonia Forex Brokers List

We have tested many regulated forex brokers Estonia, and based on our research we have been able to make a complete list of available forex brokers Estonia.

Estonia Forex BrokerAbout Our TestOur Review
eToroDeposit Amount: Over $6,000
Total Trade: 18 trades
eToro Review
Plus500Deposit Amount: Over €6,000
Total Trade: 18 trades
Plus500 Review
AXI (AxiTrader)Deposit Amount: Over €6,000
Total Trade: 12 trades
AXI Review
XMDeposit Amount: Over €5,000
Total Trade: 12 trades
XM Review
Admiral MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades
Admiral Markets Review
PepperstoneDeposit Amount: Over €6,000
Total Trade: 12 trades
Pepperstone Review
Markets.comDeposit Amount: Over €4,500
Total Trade: 12 trades
Markets.com Review
Vantage FXDeposit Amount: Over €5,000
Total Trade: 15 trades
Vantage FX Review
ThinkMarketsDeposit Amount: Over €5,000
Total Trade: 15 trades
ThinkMarkets Review
GO MarketsDeposit Amount: Over €4,500
Total Trade: 12 trades
GO Markets Review
FortradeDeposit Amount: Over €5,000
Total Trade: 12 trades
Fortrade Review
ICM CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades
ICM Capital Review
INFINOXDeposit Amount: Over €4,000
Total Trade: 9 trades
INFINOX Review
Capital.comDeposit Amount: Over €3,500
Total Trade: 15 trades
Capital.com Review
DarwinexDeposit Amount: Over €5,000
Total Trade: 12 trades
Darwinex Review
Amana CapitalDeposit Amount: Over €5,000
Total Trade: 12 trades
Amana Capital Review
XTBDeposit Amount: Over €5,000
Total Trade: 12 trades
XTB Review
TickmillDeposit Amount: Over €8,000
Total Trade: 12 trades
Tickmill Review
Trading 212Deposit Amount: Over €5,500
Total Trade: 15 trades
Trading 212 Review

FAQ and More on Forex Trading in Estonia

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

How to Verify Estonia Regulated Broker?

Traders often wonder how they can verify a forex broker Estonia. Well, there are several ways to do so. First, traders can check the information on the ESMA website, as the majority of brokers available in the country fall under the ESMA regulation.

Besides, forex brokers Estonia are also strictly regulated by the local regulator – The Ministry of Economic Affairs and Communications. All the brokers available in the country are listed in the MTR registry. Thus, it is easy to find information about any available broker on the MTR website

Yet, there is another easier option to verify a forex broker Estonia. Traders can seek the information on the broker’s website. Almost all brokers provide information about their availability in certain regions and countries.

Estonia - MTR website

No Deposit Bonus Forex in Estonia

To be able to select the best no deposit bonus forex broker Estonia, we reviewed several forex brokers. Based on our test, we were able to come up with only one broker that offers no deposit bonus in the country. To get a no deposit bonus in Estonia, traders can sign with XM.

Estonia Spread Betting Brokers

Spread betting is a beneficial way to invest in different financial markets. Commonly, spread betting is legal and regulated in the UK and Ireland. Based on our research, we have come up with the following forex brokers Estonia suitable for spread betting:

  • Vantage FX
  • ThinkMarkets

Swing Trading Forex in Estonia

When traders use swing trading their main aim is to capture gains in a short span of time. Generally, this trading strategy is allowed by most brokers in the EU. However, before signing with a broker, it is still necessary to check trading conditions.

Tax in Estonia for Forex Trading

In Estonia, forex trading is subject to taxation. Estonia has a unique tax structure. Corporate tax rates in Estonia are comparatively lower than in other EU countries, which is about 20% of the taxable income. Generally, income tax is also 20%. Non-residents pay taxes only for the income that is from an Estonian source.

Traders should be very careful to file tax forms to the relevant tax institutions in Estonia. Any delays or avoidance from taxes may lead to penalties.