Forex brokers with the best reputation among real traders
Forex trading begins with the choice of a broker – a reliable and trusted intermediary in this market. With the help of such a company, one can open a trading account, credit the necessary amount of money and get the opportunity to make transactions for the purchase and sale of currencies or other popular assets.
When choosing a Forex intermediary, a retail trader should consider and compare several brokers. Each one needs to be studied in terms of a number of important parameters, namely trading conditions, reliability, platform convenience, security, and operational support. An equally important factor is the reputation and reviews of real clients of the brokerage company. Before opening an account, you need to check the current customer reviews on independent sites, whether the broker has licenses, as well as the age of the brokerage company.
To help you make the right decision, in this article our team of analysts compared the best international brokers in terms of safety and convenience criteria, studied real client comments from the independent review resource Trustpilot, and ranked the best Forex brokers with excellent reputations among real traders.
AvaTrade review: the best ranking among traders
AvaTrade is a popular international brokerage company providing online trading services for financial instruments such as currency pairs and CFDs on almost all underlying assets, including commodities, stocks, indices, over 100 stocks, and Cryptocurrencies.
The company was founded in 2006 and over the years of its existence on the market has managed to obtain licenses from regulatory authorities such as MiFID, ASIC, Japan FSA, FFA, FSB, IIROC, and FSCA, which in turn are among the most demanding and reliable regulators.
On an independent review site, the company has a fairly high rating among real traders, namely 4.7 out of a possible 5, and a live commentary audience, which indicates that clients actively use the broker’s services.
Based on this and a number of similar comments, it can really be noted that AvaTrade is constantly developing and trying to satisfy both the requirements of the most demanding clients and to make trading as comfortable as possible for beginners. In this regard, AvaTrade has introduced several advanced trading features such as risk management with AvaProtect, Trading Central Analytics, Guardian Angel Feedback System, Expert Advisors, and Automated and Social Trading.
AvaProtect is a unique risk management tool, exclusive to AvaTrade clients, that allows traders to protect a specific trade against losses of up to $1 million over a selected time period through hedging paid at the time of purchase.
As for Trading Central Analytics, these are third-party analytics from a verified source, which can be accessed through proprietary interfaces (WebTrader and AvaTradeGO) and notifications (SMS/email/push).
In addition, the Guardian Angel notification system helps clients reduce possible risks and track their mistakes in time by installing a special add-on to receive messages and warnings about excessive risk, stop-loss, strong/weak trading results, margin call alerts, and volatility trade.
In general, the list of additional trading instruments is quite diverse and meets the requirements of both beginners and experienced market participants:
In addition to the familiar and well-known MT4 and MT5 terminals, AvaTrade also allows its clients to trade on multiple platforms, including AvaSocial, AvaTradeGo, and AvaOptions. It also supports third-party Social trading tools such as ZuluTrade and DupliTrade.
An AvaSocial app provides a social environment where traders can see how others make deals, and if they like the strategy and actions of a certain trader, they can follow or copy them.
In addition, AvaTrade offers a full-featured mobile app available for both iOS and Android. By downloading the AvaTradeGO app, traders will be able to enjoy all the features of MT4, as well as perform additional actions such as registration, deposit, notifications, and more.
After reviewing hundreds of comments about AvaTrade services, it can also be mentioned that technical support and personal account managers of the company will help you in case of any difficulties. You can contact support either by the phone number listed on the site or via WhatsApp or chat. The company’s specialists provide quick and up-to-date answers in many local languages, as well as help you pass verification and set up deposits and withdrawals.
In general, based on the experience and feedback of real clients, the AvaTrade broker is a reliable and client-oriented company with a wide range of instruments and risk management tools, which has not only won the trust of traders from all over the world but also has many licenses from reputable regulators.
eToro Social trading platform real reviews
eToro, an international multi-asset social online trading network, both independently and in our rankings, is one of the leaders in providing brokerage services but also advanced Copy trading features.
eToro was founded back in 2007 in Israel and over the years of its existence has managed to expand its presence globally by obtaining licenses from such regulators as FCA (UK), ASIC (Australia), and CySEC (Cyprus/Europe) and others.
On its website, you can find the eToro trading markets, among which clients can freely choose a variety of assets such as commodities, currency pairs, stocks, ETFs, indices, and Cryptocurrencies, as noted by one of the eToro’s clients below.
The underlying assets are traded via CFDs, the broker also offers direct trading in stocks, ETFs, and Crypto.
In terms of currency pairs, eToro has 49 of them, including majors, minors, and exotics, while commodities traders can find oil, gold, platinum, sugar, and more (26 in total). If you’re more interested in stocks, eToro has 3118 stocks and 300 ETFs on offer from a variety of popular and lesser-known companies, from tech to medical ones. Some stocks are bought on an exchange in the name of the client, while others are traded through CFDs, which do not involve physical ownership of the security. Plus, you can always use eToro’s leverage for trading.
Another client noted that the platform is great for beginners and inexperienced market participants as they can always use Copy trading, which is indeed a great solution! Just follow the best traders by automatically duplicating their trading in your own portfolio and earn a passive income. In addition, eToro is more than just a Copy trading platform for people looking to improve their performance, you will also be able to join the leading trading and investing community – a place to connect, share and learn.
If you are afraid of the risks of losing money, but still want to try buying or selling an asset, eToro offers you a free demo account with a virtual balance of $100000 to build your own portfolio. By registering a demo account, you get into the conditions as close as possible to the real market ones, and you will also be able to work out your strategies without the threat of losing real money.
In general, the broker is quite well adapted to beginners, not only with a demo account and Сopy trading but also an online academy where you can find a lot of educational materials. Now let’s look at another user review.
eToro’s own web terminal is indeed quite user-friendly, requires no installation or download, and has a nice and clean interface. The platform is available in two versions: in a personal account on the broker’s website and as a mobile application.
The company’s website supports several languages, and technical support managers will promptly answer your questions and help with account registration details and notify you of all the best offers.
In general, having tested all the features of eToro and having studied the comments of real clients on an independent resource, we can say that the company is one of the best innovative trading platforms, which is famous for its Social Trading and a wide variety of assets and instruments.
NAGA Markets trading reviews and ratings by real users
NAGA Markets is one of the best options if you are looking for a broker that can provide you with advanced yet easy-to-use trading tools while immersing you in a community of professionals. The broker offers over 1000 instruments and assets, including currency pairs, CFDs on stocks, indices, commodities, and ETFs.
The company was founded in 2015 and has been tested not only by time but also by the reputable regulator Cyprus Securities and Exchange Commission (CySEC). In addition, NAGA Markets has a CySEC cross-border license to provide investment and ancillary services. The company also guarantees compliance with EU regulations and local regulations such as the European Markets in Financial Instruments Directive II (“MiFID II”) and the Markets in Financial Instruments Regulation (“MiFIR”).
At the moment, the platform has over a million registered users worldwide. On independent third-party resources, the broker’s rating does not fall below 4 and a half stars out of 5, and if you check the reviews of real clients, you can learn more about the company’s capabilities and advantages.
NAGA Markets clients appreciated the various features of the trading platform because by joining this community you can not only choose from over a thousand trading assets but also use various useful tools such as a trading calculator, an economic calendar, an income calendar, and NAGA price alerts, as well as educational materials.
The trading calculator allows you to calculate margin, pip value, and swaps for the instruments you are trading based on position size and leverage. The economic calendar helps you keep up with important news and market trends, and with the earnings calendar, you can see when companies are preparing their earnings report. In addition, with NAGA Price Alerts, traders can be notified when prices rise or fall so they don’t miss the best entry or exit points.
In general, the multifunctionality, complemented by a convenient and intuitive interface, allows traders to get maximum efficiency when trading Forex.
NAGA is a company that understands that not all traders want to spend all their time tracking their open deals and analyzing the market in an attempt to understand its trend. In this regard, the company created Autocopy by NAGA – the best tool for duplicating transactions. All you need to do is select the trader you want to auto-copy, enter the amount of funds you want to allocate, and mirror their trades in your proportions. Traders can also close any individual trades or suspend automatic copying of any trade. Also, participants can set stop-loss and take-profit in accordance with their values. Trusting experienced players is sometimes better than taking risks blindly. Moreover, those support and account managers will always be in touch to solve any problems in time or guide you around the site.
Continuing about technical support, it should be added that if you did not find the answer in the help center on the broker’s website, you can always contact them directly by phone number or online chat. You can also send an email.
Summing up, we can say that NAGA Markets is one of the leaders in the field of providing retail trading services according to the reviews of real traders, which we can safely recommend.
Plus500 live traders ranking
Plus500 is a popular online brokerage platform providing CFD trading services on various assets such as currency pairs, indices, commodities, Cryptocurrencies, stocks, options, and ETFs.
The company has been on the market for over 14 years and is regulated by such bodies as FCA (UK), CySEC (Cyprus), SFSA (Seychelles), AFSL issued by ASIC, FSP issued by FMA (New Zealand), MAS (Singapore), and FSCA (South Africa) authorized financial services provider license.
The platform is well suited both for beginner traders, as you can start with a demo account and choose various risk management tools, and for professional traders using all the trading functionality of the platform.
Besides, Plus500 is one of the most popular trading apps on the Apple App Store and Google Play as it is clear yet powerful with many advanced features. As for the reviews of real traders, the company has a high rating and pretty good comments. Consider a few of them.
To begin with, the Plus500 platform does not require downloading, a personal account is available immediately after registration and verification, where you can find all types of instruments and assets, open or closed positions, various orders, indicators, and charts – in general, everything you need to trade.
The company also has an application adapted for iOS and Android, which contains all the functionality of the web platform. Also, the app also has some basic research and educational resources, as well as the most popular deposit and withdrawal methods such as debit card, credit card, bank transfer, PayPal, and Trustly.
Especially for beginners, Plus500 also provides the opportunity to trade on an unlimited demo account to practice new strategies and try out unfamiliar instruments, test indicators, and expert advisors.
Due to such features, many traders stop looking for a broker after getting acquainted with Plus500. However, let’s see what else the company’s customers highlight.
It is really important for every trader that transactions are conducted transparently. Plus500 values its reputation and therefore you can always thoroughly trace the movement of your funds. The broker does not charge any hidden fees, and Plus500 is mainly compensated for its services through the spread.
Summing up, based on the feedback of millions of traders and our personal experience, the company is a reliable CFD broker that meets the requirements of the most demanding regulators.
Best Forex and CFD Brokers rated by real traders
Choosing a reliable Forex and CFD broker is essentially important not only for the safety of your funds but also for the best trading experience. First of all, traders pay attention to the convenience and functionality of the platform and the adjustability of the service provider, however, it is possible to fully evaluate and identify all the pros and cons only after some time. To avoid trial and error in your own experience, you should pay attention to the reviews of real traders and the independent rating of the companies you like.
After reading a lot of reviews and checking on our own experience, we have compiled for you a selection of the best Forex and CFD brokers with high ratings on third-party independent resources, and also compared the functionality of their platforms and trading capabilities.
It should also be noted that you can open several accounts with different Forex brokers in order not only to test your strategies on different trading platforms but also to try various instruments and collect all kinds of Forex bonuses up to 100% on your first deposit.
Register, verify accounts, and start trading with the top Forex brokers below to compare trading platforms, select multiple instruments, and check order execution times.
AvaTrade real traders review
AvaTrade is a popular online broker with extensive experience in organizing trading in both Forex and the Cryptocurrency market. The company offers CFD trading on various underlying assets.
AvaTrade has a wide range of terminals and various automated trading tools such as MetaTrader 4/5, WebTrader, AvaOptions, AvaSocial – CopyTrading platform, AvaTradeGo and Auto Trading – automated trading platforms including ZuluTrade and DupliTrade.
To gain trading experience and test strategies, beginners can use a demo account with a virtual balance of $100000, which will allow them to smoothly enter the real market.
Adding to the benefits of AvaTrade is a strong regulatory framework as it is regulated by MiFID, ASIC, FSA and FFA, FSB, IIROC, and FSCA as well as many great reviews from real traders. Check out all AvaTrade trading options and enter the Forex market by clicking at the bottom below.
eToro real traders review
eToro is a popular social platform for traders with a variety of assets including stocks, commodities and indices, ETFs, currency pairs, Cryptocurrencies, and many more.
Beginners can use a free $100000 demo account to practice under real conditions and build a portfolio according to their preferences.
The market can be accessed through eToro’s own platform, which is available in both desktop and mobile versions.
The companies are trusted by millions of clients around the world, as the broker monitors the security of transactions and strictly complies with the rules of regulatory bodies such as FCA, ASIC, SFSA, and CySEC. Explore the Forex market with eToro and enjoy all the benefits of Social Trading with our dedicated button below.
NAGA Markets real traders review
NAGA Markets is an international Forex broker offering trading in more than 800 instruments, including currency pairs, CFDs, cryptocurrencies, indices, commodities, ETFs, and futures, as well as real stocks.
Traders can choose to enter the market with both the popular MetaTrader 4 trading platform and its newer version MetaTrader 5, as well as the company’s own development, the NAGA web platform with mobile applications.
NAGA is also notable for its Social trading, ie automatic copying of trades of professionals. Among the accounts, market participants can find unlimited demo accounts, real, professional, as well as VIP.
The company has received licenses from proven and reliable regulators such as the FCA and CySEC. Try trading with NAGA and get a special offer from TopForex.trade by clicking on the button.
Plus500 real traders review
Plus500 is a trusted company providing CFD trading on ETFs, currency pairs, commodities, stocks, indices, and other financial instruments (over 2000 in total).
The Plus500 platform software is very user-friendly and easy to navigate. All necessary charts, graphs, and indicators will be visible on the main panel. In addition, the application designed for iOS and Android fully contains all the functionality of the web version.
To get the most out of trading, the broker provides several powerful analytical tools for monitoring the market, such as an economic calendar, risk management features such as stop-loss and stop-limit, and notifications.
Many traders trust Plus500 with their funds as the broker is regulated by FCA (UK), ASIC (Australia), CySEC (Cyprus), ISA (Israel), and MAS (Singapore). Click the button and try your hand at trading with Plus500.
Comment: The broker’s platform does not offer bonuses and Copy trading is not allowed when trading with Plus500.
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