Forex trading websites

Forex Trading Reviews.

The Best Forex Trading.

We gathered a list of 65 forex trading brokers and reviewed 8 of the best forex brokers based on 86 different forex trading features.

Editor's Choice.

All Reviews.

Choosing the best forex broker for you.

The 3 Best U. S. Forex Brokers.

The 2 Best ECN Forex Brokers.

The 3 Best Forex Trading Platforms.

What forex trading features matter and why.

Account and Portfolio.

Account and Portfolio Information refers to the data and display options associated with the financial account and transaction information of a forex account. All of the best forex brokers will update account information in real time, display account balances, and provide history reports and statements. While Account and Portfolio Information is relatively important, it’s safe to assume that most forex brokers offer the most important features. An investor who requires specific portfolio reporting features may want to take a harder look at the features in this category.

Most important account and portfolio features.

Account History Reports – You can create reports or view statements of your portfolio or account information. Download Statements – You can download your account statements. Export Data – You can export your portfolio or account data. Gain/Loss – You can run gain and loss reports for tax planning. Order Status and Balance – You can quickly view your current trading positions, open orders, and account balance. Real-Time Updates – Your account balances update in real time.

Cross Currency Pairs.

Cross Currency Pairs includes secondary currencies traded against each other and not against the U. S. dollar. Examples include EUR/JPY, EUR/GBP, and CAD/JPY. This category represents another set of highly traded currency pairs that most reputable brokers offer. The Cross Currency Pairs category is especially important for a forex trading account denominated in a currency other than the U. S. dollar, or for more advanced traders exploiting discrepancies between other economies.

Most important cross currency pair features.

AUD/JPY – The broker offers trading in the Australian Dollar vs. Japanese Yen currency pair. CAD/JPY – The broker offers trading in the Canadian Dollar vs. Japanese Yen currency pair. CHF/JPY – The broker offers trading in the Swiss Franc vs. Japanese Yen currency pair. EUR/AUD – The broker offers trading in the Euro vs. Australian Dollar currency pair. EUR/CHF – The broker offers trading in the Euro vs. Swiss Franc currency pair. EUR/GBP – The broker offers trading in the Euro vs. British Pound currency pair. EUR/JPY – The broker offers trading in the Euro vs. Japanese Yen currency pair. GBP/CHF – The broker offers trading in the British Pound vs. Swiss Franc currency pair.

Major Currency Pairs.

Major Currency Pairs are the most important, most traded worldwide currency pairs available through a forex broker. These pairs consist of currencies from the world’s most developed economies including Europe, Japan, Canada, and Australia. A major currency pair is created when one of these currencies is traded against the U. S. dollar. Examples include EUR/USD and USD/CAD. Major Currency Pairs is an important category because these pairs represent the most heavily traded and liquid currency markets in forex trading.

Most important major currency pair features.

AUD/USD – The broker offers trading in the Australian Dollar vs. the US Dollar currency pair. EUR/USD – The broker offers trading in the Euro vs. US Dollar currency pair. GBP/USD – The broker offers trading in the British Pound vs. US Dollar currency pair. NZD/USD – The broker offers trading in the New Zealand Dollar vs. the US Dollar currency pair. USD/CAD – The broker offers trading in the US Dollar vs. Canadian Dollar currency pair. USD/CHF – The broker offers trading in the US Dollar vs. Swiss Franc currency pair. USD/JPY – The broker offers trading in the US Dollar vs. Japanese Yen currency pair.

Trading Technology.

Trading Technology encompasses all technology that enables the execution of a trade as well as tools to simplify trading or execute advanced strategies. The Trading Technology category includes a spectrum of features, from alerts and real-time quotes to the more advanced features such as automated trading and conditional orders. Trading Technology is one of the most important categories when considering a forex broker because the ability to execute a chosen strategy is highly important when forex trading.

Most important trading technology features.

Alerts – You can set up personalized alerts for your portfolio. Automated Trading – You can place trades by setting automated triggers. Conditional Orders – You can place orders that, when executed, immediately triggers or cancels another order. Customizable Interface – Layout and features of the trading platform can be customized and changed. In Chart Trading – You can use the charting tools to actually place trades. Real-time Charts – Real-time updating charting tools are available through the broker. Real-time Quotes – Up-to-date price quotes are available in real time.

Customer Service and Support.

Customer Service and Support is the availability of the forex broker’s support channels. The forex brokers with the best support are available during all trading hours through multiple channels including live chat, , and phone. Some of the top forex brokers also have retail locations where you can speak to someone in person. Support especially matters for online forex trading because forex markets trade around the clock, necessitating access to support at all hours.

Most important customer service and support features.

– You may access customer support by . Live Chat – You may access customer support by live chat. Phone – You may access customer support by phone. Trading Hours Support – You may access customer support during the majority of trading hours.

Mobile Trading.

Mobile Trading is the ability to access a trading account using a mobile device. Mobile Trading encompasses the availability of dedicated apps for a variety of devices, the functionality of the features within the mobile app, and how users have rated the application. Mobile trading continues to grow in importance as the quality of applications improves to meet the demand for high-performance, on-the-go trading tools.

Most important mobile trading features.

Android – The broker provides an app for Android devices. BlackBerry – The broker provides an app for BlackBerry devices. Create Alerts – You can create alerts with one or more of the mobile trading applications. Favorable App Store Reviews – Three or more stars have been awarded to the broker’s iPhone app from users in the Apple App Store or Google Play. iPad – The broker provides an app for the iPad. iPhone – The broker provides an app for the iPhone. Mobile Research – Research features are available using one of the mobile applications. Mobile Website – The broker offers a separate mobile website for accessing your account from a mobile web browser. Place Trades – You can place trades using your mobile device. Portfolio Tracking – You can track your portfolio using a mobile device. Streaming Quotes – Streaming quotes on mobile devices are available.

Research is the resources that a forex broker provides to their clients to help them make decisions and understand market activity. The research provided by the best forex brokers include advanced charting capabilities, third-party research, research reports, and market commentary. Forex trading can be highly computer driven, and some forex brokers offer traders access to historical data so they can back-test strategies before allocating real money. Research is an important category for traders who are looking for assistance in making decisions as well as independent traders who are seeking confirmation on a trade or a second opinion. Some of the more self-directed brokers offer less research amenities because they cater to more advanced traders who pay for third-party research.

Most important research features.

Charts – You have access to charts so you can conduct research on investment products. Historical Data – The broker gives you acess to historical exchange rate data. Market Commentary – You have access to market commentary from outside experts. News – You have access to daily market news and updates from third party services. Research Reports – The broker provides you with various research reports.

Trading Platforms.

Trading Platforms covers the different software platforms available for forex trading provided by the broker. Trading Platforms can differ based on a trader’s needs and are often categorized as a standard or professional platform. Additional platforms include mobile platforms to execute trades on the go and virtual platforms to test strategies without risking money. Trading Platforms is an important category if a trader is looking for a forex broker that can meet the trader’s needs as they change.

Most important trading platform features.

Mobile – The broker offers a platform to execute trades on a mobile device. Professional – The broker offers multiple platform levels including a professional platform. Standard – The broker offers multiple platform levels including a standard platform. Virtual Trading – The broker offers a virtual account for customers to practice trading without risking any actual money.

Introductory Offers.

Forex brokers often offer promotions to attract a prospective customer. Examples of incentives include introductory offers for opening an account and customer referral programs. Others offer free trading demos so traders can practice forex trading before committing to the broker. Incentives aren’t considered very important because they’re generally not related to the actual services of the broker, but it can be nice for some customers to be aware of the potential bonuses as they make a decision between two forex brokers.

Most important introductory offer features.

Free Demo – You can access a free trading demo so you can try one of the trading platforms. Referral Program – You can be rewarded for referring a friend to the broker. Special Offer – Special offers for new traders who open an account are available.

Other Investment Products.

Other Investment Products consists of other investment products a forex broker makes available for someone to trade. Other Investment Products include stocks, futures, options, and CFDs. This is a less important category because most forex traders are highly specialized, but it can be a more important category for professional traders with expertise across multiple products.

Most common investment products.

CFDs – The broker provides other instruments settled as Contract for Difference Futures – The broker provides trading of some futures products. Options – The broker provides trading of some options products. Stocks – The broker provides trading of some stocks.

Trading Education.

Education is all of the resources an online forex broker provides to help their clients learn about forex trading and navigating the platform. A forex broker that excels in the Training Education category regularly offers webinars and videos so traders can advance quickly, learn new concepts in forex trading, and easily get accustomed to the broker’s platform. Additionally, the best forex brokers provide a superb trading community to facilitate the exchange of trading ideas. Education is less important to an advanced investor, but a beginner benefits greatly from the courses and webinars offered by most forex brokers.

Most important trading education features.

Courses – You can access educational trading or investment courses from the broker. Glossary – A glossary of important investment terms is provided by the broker. Live Seminars – You can attend live in-person seminars around the country from the broker. Trader Community – You have access to an online community to have discussions and share advice with other traders. Videos – You can view training videos on the broker’s platform. Webinars – Webinars are available to help you learn about investment products.

All Forex Trading Reviews.

We find the best of everything. How? We start with the world. We narrow down our list with expert insight and cut anything that doesn't meet our standards. We hand-test the finalists. Then, we name our top picks.

The Top 10 Forex Brokers for Beginners.

If you know the basics of foreign currency exchange or forex trading, also known as FX trading, and want to give it a try, there’s more to learn than you might expect. It’s best to have an idea of what you’re doing before you put live currency to the test. The first step is to choose a reputable forex broker that offers educational tools and resources for beginning traders.

A few US-based forex brokers are listed below, in order of the minimum deposit required to start forex trading. With most brokers you will find 24/5 or 24/7 live chat assistance and all offer free educational resources on their respective websites. Once you’re ready to roll, you can trade on a computer, tablet, or even smartphone.

Practice Account: $25,000.

Minimum Deposit: None.

A forex broker since 2001, optionsXpress offers live or recorded webinars by their educational team, live in-person workshops, The Insider newsletter and blog collective, as well as the XPRESSO and XPOUND newsletters.

Practice Account: Unlimited.

Minimum Deposit: None.

A forex broker since 2001, OANDA offers demo accounts that do not expire, giving you the ability to practice trading until you are ready to go live. Click on “Academy” for webinars (live or archived), trading basics, and scheduled learning events. Videos on demand are also available to get you started.

FOREX ( a part of GAIN Capital Holdings [GCAP])

Practice account: $50,000.

Minimum deposit $250.

A forex broker since 1999, FOREX offers video tutorials specifically for beginners, two hours of webinars, live training, and Q&A sessions to teach you the basics. Fee-based online training courses are also available.

Practice Account: $50,000.

Minimum Deposit: $500.

A forex broker since 2005, TradeKing offers a robust Frequently Asked Forex Questions and glossary, an education tab on their website that explains the basics, technical analysis, and fundamental analysis, as well as premium education available for a fee.

Practice Account: $25,000-$200,000 option for Simulated Account.

Minimum Deposit: $2,000.

A forex broker since 1991, TradeStation allows you to start with TradeStation Basics, so you can learn at your own pace. Branch out to TradeStation Labs, University, and Events, which includes media and quick tips. Events are both free and fee-based.

Practice Account: $50,000.

Minimum Deposit: $2,000.

A forex broker since 1999, Fortex Capital Marketing offers daily platform walk-throughs and strategy sessions, a library of trading and instrument guides, and a calendar of events (that can be added to your personal calendar) that will teach you how to read quotes and place trades. Self-paced on-demand videos are available for a fee.

Min deposit $2,000.

A forex broker since 1999, thinkorswim is the TD Ameritrade forex platform . Investor education includes a rookie-learning curriculum with videos and courses to create your own learning path. The thinkorswim Learning Center consists of tutorials, videos, thinkMoney magazine, thinkManual, and Quiz Central.

Name: E*trade FX (E*trade Financial Corporation [ETFC])

Practice Account: $50,000 for 30 days.

Minimum Deposit: $2,000.

A forex broker since 1982, E*trade's FX tutorials can be found by entering “forex training” in the education resources search box. Web seminars, videos, and articles in “the basics” category were specially designed for beginners.

Practice Account: N/A.

Minimum Deposit: $5,000 ($3,000 for individuals between the ages of 21 – 26)

A forex broker since 2002, Place Trade Financial's education center includes tools, widgets, videos, webinars, demos, apps, and investor education courses.

Practice Account: After trading account has been approved and funded.

Minimum Deposit: $10,000.

A forex broker since 1977, Interactive Brokers' Traders’ University offers of a glossary, webinars (live or recorded), unmonitored discussion forums to network with other traders, apps, widgets, cheat sheets, and user guides.

Bear in mind that foreign exchange trading, also known as forex and FX trading, is high-risk and may not be the best option for individuals brand new to stock market trading and/or day trading.

20 Forex Sites to Thank and Recommend.

In this season of giving, it’s time to thank and recommend forex sites / blogs that are very useful for forex traders. Here are my 20 picks.

With some of these forex sites, I have different kinds of collaboration which I’m happy with, and it’s also an opportunity to thank them. I’ll start with sites that don’t appear on my top 10 forex blogs list, and continue with those that are on the list – sites that regular readers know.

Forex Factory : The largest forex forum has an excellent calendar and a wonderful news section I’m proud to be a member of. FXStreet : My collaboration with this multi-lingual forex giant is with daily outlooks as well as aggregated weekly forecasts and previews of big events. Forex Live : Based on a blogging platform and publishing content like a Twitter feed, Forex Live is there for you all the time. They include interbank moves that affect forex, constant news updates and lots more. It’s a great resource which I use daily. Alphaville : A blog of the Financial Times, Alphaville provides great analysis into macro analysis, helping understand the news behind the news. This sure widens my horizons. Trading NRG : In a world with everything connected to everything, it’s important to keep up with oil, gas, gold silver. Trading energy does it superbly. Forex TV : Part of the growth in the industry means it has also video – Forex TV leads this field. I’m happy to collaborate with Julie Sinha and provide commentary on a weekly basis. NetDania : They have superb charting tools used on many important sites. They are fine tuning the software all the time. I use their graphs on a daily basis. Currensee : The first forex social network has made huge steps forward in 2010. I truly believe in what they’re doing, and happy to work with them closely. FXTechStrategy : Mohammed Isah’s technical analysis site covers currencies, precious metals and commodities using many technical tools. DailyFX Blogs: One of the biggest and widest forex portals has a busy blogs section, which I’m happy to participate in. Winners Edge Trading : Casey Stubbs does a great job covering EUR/USD. His great posts about trading psychology are very insightful as well. Keep up the good work Casey! The Forex Articles : James Woodley speaks his mind regarding forex strategies, forex trading ideas and weekly updates on trading. He also gave me the inspiration for this post. Forex Magnates : Michael Greenberg knows everybody in the industry and brings not only news, but sharp opinions I’ve enjoyed in this turbulent year in the industry. Francesc Riverola : CEO of FXStreet provides also covers the industry from within, and spices things up with songs and reports about his home town – Barcelona. Forex Blog : Adam Kritzer brings forex opinions from the world’s second largest economy – China. His long term macro insights are always a god read. Trading U – Chicago Blog: Jay Norris writes about psychological effects of forex trading, trading patterns, technical analysis and much more. Forex Blog : Since 2006, the blog has grown into a great site with great resources. Andriy’s weekly technical lines are very useful. FXPath : James Chen started his own site in 2010 and it looks great. He focuses on straightforward and accurate technical analysis and also provides forex lessons. Chen is clearly an authority in forex. Currency Thoughts : Larry Greenberg, a veteran currency economist brings forex news from many places all over the world, and in-depth analysis of current events. Kathy Lien – Head of currency research at Global Forex Trading (GFT). She provides interesting technical and fundamental analysis, forex signals and strategies. A significant part of posts are of her interesting TV interviews.

That’s it. Thank you, everybody. I hope I didn’t forget anyone…

I hope you’ve enjoyed Forex Crunch in 2010 and I have lots of plans for 2011.

About Author.

Yohay Elam – Founder, Writer and Editor.

I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me.

Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

Pingback: Ending the year on a high note… | ForexLive()

Interesante lista. Voy a revisar los sitios que no conozco.

My thanks to forexcrunch too.

Thanks, that’s a great list. I’m going to check them out.

thanks for this indepensible info. though am new to forex this indeed would lighthen my path to success in 2011. thanks so very much.

Great list, I use most of them all the time too. Some I should check out I have not before so thanks for that also.

All the gathering places of the losing traders (FXfactory excl)

Yohay, I must tell you that you are really put something that really is important here and for this effort of yours, I would like to Thank you so much.

It is because I am a newcomer in this forex trading world, I still don’t have any idea where else to find good information regarding forex. But this post you make help me a lot already.

Now I know where to look for particular information. Really helpful!

Thanks yohay. a million thanks to forex factory, i love your excellent calender.

Thank you both for your kind words!

Thank for your information!

In addition to this list topbrokers. Very useful and helpful site for professional traders and begginers. Here you can find information about brokers, trading tools, brokers’ events e. t.c.

Top Brokers.

About ForexCrunch.

rex Crunch is a site all about the foreign exchange market, which consists of news, opinions, daily and weekly forex analysis, technical analysis, tutorials, basics of the forex market, forex software posts, insights about the forex industry and whatever is related to Forex.

Useful Links.

Recent Updates.

Disclaimer.

Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader's level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit, so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch's authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information.

Forex, CFDs and Gold.

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Forex, CFDs and Gold.

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Forex, Spread Betting and CFDS.

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Trade OTC Gold/Silver Bullion.

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Excellence, Flexibility & Transparency.

Part of FXCM Group Generous leverage up to 200:1 No re-quotes Choice between FXCM Trading Station and MT4 platform.

Residents of are not eligible to apply for an FXCM live trading account with any FXCM Entity.

At FXCM, we strive to give you the best trading experience. We offer access to the global forex trading market, with intuitive platform options, including our award-winning Trading Station. We also provide forex education, so whether you’re just getting started in the exciting world of forex trading, or you just want to sharpen the trading tools you’ve developed over the years, we’re here to help. Our customer service team, one of the best in the industry, is available 24/7, wherever you are in the world.

Try us out! Sign up for a free FXCM practice account, which lets you test out the platform and experience some of the account benefits we give to our traders. When you’re ready, you can open an FXCM account with as little as $ 50.

Spreads & Commissions: Static spreads are time-weighted Standard account averages based on tradable FXCM prices from January 1, 2016 to March 31, 2016. Live spreads apply to Standard accounts, are variable, and are subject to delay. Spread figures are for informational purposes only. FXCM is not liable for errors, omissions or delays, or for actions relying on this information.

FXCM Awards.

Live Spreads Widget: Dynamic live spreads are the best available prices from FXCM’s No Dealing Desk execution. When static spreads are displayed, the figures are time-weighted averages derived from tradable prices at FXCM from July 1,2017 to September 30,2017. Spreads shown are available on Standard and Active Trader commission-based accounts. Spreads are variable and are subject to delay. The spread figures are for informational purposes only. Note that account types and spreads offerings may vary between FXCM entities. FXCM is not liable for errors, omissions or delays, or for actions relying on this information.

High Risk Investment Notice: Trading forex/CFD's on margin carries a high level of risk and may not be suitable for all investors as you could sustain losses in excess of deposits. Leverage can work against you. The products are intended for retail and professional clients. Due to the certain restrictions imposed by the local law and regulation, German resident retail client(s) could sustain a total loss of deposited funds but are not subject to subsequent payment obligations beyond the deposited funds. Be aware and fully understand all risks associated with the market and trading. Prior to trading any products offered by Forex Capital Markets Limited, inclusive of all EU branches, FXCM Australia Pty. Limited, any affiliates of aforementioned firms, or other firms within the FXCM group of companies [collectively the “FXCM Group”], carefully consider your financial situation and experience level. If you decide to trade products offered by FXCM Australia Pty. Limited (“FXCM AU”) (AFSL 309763), you must read and understand the Financial Services Guide, Product Disclosure Statement and Terms of Business. The FXCM Group may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. The FXCM Group assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on the FXCM Group’s websites prior to taking further action.

The FXCM Group is headquartered at 55 Water Street, 50th Floor, New York, NY 10041 USA. Forex Capital Markets Limited ("FXCM LTD") is authorised and regulated in the UK by the Financial Conduct Authority. Registration number 217689. Registered in England and Wales with Companies House company number 04072877. FXCM Australia Pty. Limited ("FXCM AU") is regulated by the Australian Securities and Investments Commission, AFSL 309763. FXCM AU ACN: 121934432. FXCM Markets Limited ("FXCM Markets") is an operating subsidiary within the FXCM Group. FXCM Markets is not regulated and not subject to the regulatory oversight that govern other FXCM Group entities, which includes but is not limited to, Financial Conduct Authority, and the Australian Securities and Investments Commission. FXCM Global Services, LLC is an operating subsidiary within the FXCM Group. FXCM Global Services, LLC is not regulated and not subject to regulatory oversight.

Past Performance: Past Performance is not an indicator of future results.

Copyright © 2017 Forex Capital Markets. All rights reserved.

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