Demo Account Guide
Demo Account Guide

List of Experienced Forex Brokers


Forex brokers going into their 10th year are considered as quite well-seasoned in maintaining their clients and competing in the saturated market of forex brokerage industry. They are proven to be successful in providing their service for more than 5 years, and have good reliabilities in crucial aspects. Here is the list of experienced brokers that you can try:

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Additional FAQ

Please note that not all unregulated brokers are bad. There are many reasons why a broker decides to stay unregulated. For instance, some brokers might still be working towards obtaining a license from a regulator. It's worth mentioning that the cost of obtaining a license might be millions, so not all brokers can afford that from the start. Obtaining a license also takes a relatively long process, so the broker may be waiting for its license to be released.

Continue Reading at Do You Have to Trade with Regulated Brokers?

Offshore brokers refer to brokers who are established in countries other than your country of residence. Most commonly, it is referred to brokers who are located in areas away from mainlands such as in islands and other small, secluded countries. Saint Vincent and Grenadines is one of the popular places for offshore brokers to build their companies.

In theory, they are just like any other broker. They provide their services by acting as a middleman between you and the financial asset you wish you trade with. They offer you their services for a certain amount of spread or commission which varies by the asset being traded. However, with rewards also comes a reasonable amount of risk.

Continue Reading at Trading in an Offshore Broker: Pros and Cons

ECN (Electronic Communication Network) brokers are forex brokers that display bid/ask prices based on live price streams from liquidity providers. Traders prefer ECN brokers, especially those with trading systems requiring high accuracy in pricing and order execution because ECN brokers offer transparency and live, unmanipulated pricing.

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

There are plenty of popular brokers regulated by MAS in Singapore. Here are some of them:

  • OANDA Asia Pacific Pte. Ltd.
  • Interactive Brokers
  • Goldman Sachs (Singapore) Pte.
  • Citigroup Global Markets Singapore Pte. Ltd.
  • CMC Markets Singapore Pte Ltd
  • and many more

Continue Reading at Forex Trading in Singapore: 5 Facts You Need to Know