Demo Account Guide
Demo Account Guide
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Broker Finder: Follow the Steps to Pick Your Ideal Broker

HOME / BROKER FINDER

Are you looking for the best broker for your needs? To make it simple, this page will help you find the most ideal broker based on your preference. The only thing you need to do is answer the questions, go with the flow, and voila! The brokers you dream of will be shown.

How much is your capital?


Do you live in the United States?


Other than Forex, do you have any alternative instruments that you want to trade?


What do you want to trade?


Do you have a preference in the regulatory license?


What license your broker has to have?



Do you have a preference in the broker's experience?


How many years of experience do you need for the broker?


Which online payment method do you use?



Which ones of these following types of accounts do you need?


Which ones of these following features do you want?


You're at the end of the journey

The following brokers are the final answers that you look for. Good luck and have a successful trading!


If you're still undecided because the results show a number of brokers, you can compare them side by side with Forex Broker Comparison tool.

choose one of the available options


Additional FAQ

Spreads in trading can differ from one brokerage to another. Brokers aim to attract traders by offering lower spreads, which can make trading more cost-effective.

Continue Reading at Hidden Costs in Forex Trading You Should Be Aware of

To start a brokerage business in Spain, you can contact the National Securities Market Commission (CNMV). The CNMV is the local regulator responsible for supervising and licensing financial markets and entities, including FX/CFD brokers.

Continue Reading at 3 Interesting Facts of Forex Trading in Spain

If you are trading with a multi-licenses forex broker, then you could take it easy. Your broker most likely only seeks VFSC licenses in order to smooth their international operation, while providing services in accordance with higher requirements set upon by better regulatory agencies.

There's a significantly different consideration if you are trading with a single-license forex broker (and the license in question comes from VFSC). It is possible to trade with them for some time with minimum capital, but it is not advisable to continue working with them in the long term. Do yourself a favor by moving your funds to better-regulated forex brokers.

Continue Reading at What Does VFSC Regulation Mean for Forex Brokers?

The advantages of trading with a fixed spread include:

  • Stable spread cost, which allows for more reliable money management strategies.
  • Easier calculation of potential profit and loss for each trade, providing a clear estimate of the spread cost.
  • Protection from extreme spread widening during periods of high market volatility.
  • Enhanced compatibility with trading Expert Advisors (EAs), and automated trading systems.
  • Suitable for beginners who may not be comfortable dealing with fluctuating spreads, aiding in the learning of money management techniques.

Continue Reading at ECN vs Fixed Spread, Which Type is Better?

Faq
  • Choose your ideal answer from each question. Since we have designed the questions as the guides to filter the brokers based on minimum deposit, allowed countries, trading instruments, etc, you will find recommended broker(s) for you at the end of the question.
  • Beginner-friendly brokers typically have low minimum deposits, low spreads, special features for trading education, and reliable customer support. By using the Broker Finder, you can at least find the best brokers for beginners by their minimum deposits and the availability of free education feature.
  • A legit broker has an official address and is registered under certain regulatory bodies. In this Broker Finder, you can see the options of legit brokers by checking the "Yes" box when asked about the regulatory license, then choose which license that you prefer.