Best Regulated Forex brokers

• Wide Range of Instruments: CMC Markets provides access to various financial instruments, including forex, indices, cryptocurrencies, commodities, shares, ETFs, and treasuries. This allows traders to find instruments that fit their trading strategies and explore various market environments.

• Risk Management Features: CMC Markets prioritizes risk management and provides features to help traders protect their positions. They offer stop-loss orders, guaranteed stop-loss orders, and negative balance protection, allowing traders to limit potential losses and manage their risk effectively.

• Negative Balance Protection: This ensures that clients' trading accounts cannot go into negative balances, preventing them from owing more money than they have deposited. For traders who have the habit of using an overdraft, this feature is an ideal reason to choose CMC, an online broker.

• Available demo account: CMC Markets affords its customers a free demo account to practice trading with virtual funds, tools, and financial instruments before opening a live account.   

• Competitive Pricing: CMC Markets offers competitive pricing and transparent fee structures. They aim to provide cost-effective trading options by offering tight spreads, low commissions, and no hidden charges. This allows traders to maximize their potential profits without worrying about excessive costs.

• Multilingual Website and Customer Support: CMC Markets' website and customer support are available in nine languages; Austrian, English, French, German, Italian Norwegian, Polish, Spanish, and Swedish. This implies that traders can contact the broker's customer support in their preferred language from any country.

• Limited customer support: Some traders sometimes cite CMC Markets' customer support as a drawback. Despite its availability via live chat, email, and phone support, the brokers' customer support is only available 24/5, restricting its availability on weekends.

• Limited payment options: Being a top industry player, one would expect that CMC Markets has vast banking options; this is, however, not the case as the broker does not accommodate crypto banking options. This limits the use of e-wallets and may discourage some players who prefer this banking option.

• Inactivity fee applies: CMC Markets charges an inactivity fee if a trader does not log in to their trading account or execute any trades for twelve months. The fee is $15 per month, and it is deducted from the trader's account balance.

1. XM Global offers 24/5 customer support

2. 1000+ trading instruments

3. Low withdrawal fees

4. Educational content

1. Limited platform options (only offering MetaTrader)

2. This XM review discovered that the broker charges Inactivity fees

• FXTM offers a wealth of educational materials and market insights, making it an excellent choice for traders looking to enhance their knowledge and skills.

• The broker provides negative balance protection, ensuring traders do not lose more than their initial Deposit, enhancing risk management.

• FXTM is regulated by esteemed financial authorities such as the FCA (Financial Conduct Authority) and CySEC (Cyprus Securities and Exchange Commission), instilling trust and confidence in its operations.

• FXTM has received recognition through multiple industry awards, further affirming its reputation and commitment to excellence.

• Traders can benefit from the copy trading feature, allowing them to follow and replicate the strategies of experienced traders.

• FXTM offers a variety of deposit methods, providing convenience and flexibility for traders to fund their accounts.

• FXTM falls short in offering ETFs and bonds, limiting the diversity of assets available for trading.

• Also, the selection of stocks is not extensive, potentially restricting opportunities for traders interested in stock trading.

• FXTM offers limited e-wallet payment options, which might be inconvenient for some traders who prefer these methods.

• Traders should be aware of potential inactivity and withdrawal fees, which could impact the cost of trading on the platform.

- 0% commission on deposits and withdrawal

- Fast funds withdrawal

- Copy trading option

- Affordable minimum deposit of just $10

- Wide range of trading options and tradable instruments for traders

- Limited Demo account; only available for 30 days

- No cryptocurrency tools on the R StocksTrader platform

• Unlimited demo account: Both new and experienced traders can access the different HYCM demo accounts across the broker's platform for as long as they like. This will help new players become better skilled and experienced players more familiar with the various trading environments on the platform.

• Supports multiple languages: Another HYCM bonus is its earned regulatory approval in 140 countries. This strongly indicates the broker's versatility. Depending on the traders' nationality, anyone can enjoy full access to the trading platform in their preferred language.

• Long-standing reputation: With over 40 years in the financial industry, HYMC stands tall as an industry leader that has stood the test of time. Its financial services have also improved over the years to increase the platform's functionality and create an enjoyable trading experience.

• A unique mobile trading app: HYCM has proved that it is an industry leader with the availability of its trading app. Only a few brokers can boast of an exclusively designed trading platform.

• Customer support is unavailable during weekends: Since the broker offers financial services for some trading instruments that operate 24/7, customer support must be available round the clock. However, HYMC's customer support services across all platforms are only available on weekdays. This means traders have to wait till weekdays to access customer support if the need arises on weekends.

1. Specialized trading accounts for new and experienced traders

2. Free VPS hosting, which any trader can qualify for by trading for at least 14 days with a lifetime deposit of $500 3. 24/7 instant money withdrawal

4. Narrow spreads across trading accounts

5. No hidden commission fees

1. The Exness Training resource section is only available in English, limiting traders who don’t understand English from accessing it.

2. Customer service is unavailable 24/7 in every language.

3. Unavailable to retail clients in the UK and some US territories.

• A wide range of trading instruments, including Forex, Spot Metals, Commodities, Stock Trading, Indices, and Cryptocurrencies.

• Demo accounts are available to practice and test trading strategies before committing real funds.

• Multilingual customer support is available via phone, live chat, or email.

• Multiple educational tools, including webinars, trading strategies, and market reviews.

• Alpari is a regulated broker with strict customer fund safety mechanisms in place.

• Withdrawal fees are charged on several withdrawal methods offered by the Broker.

• Limited research and analysis tools are available compared to other brokers.

• High minimum deposit requirements for certain account types.

• Provides trading aids and resources such as risk depth, spread monitoring, and risk calculator.
• Offers low average spreads and competitive pricing for all account types.
• Provides plugins for third-party research and trading tools.
• Permits scalable, inexpensive algorithmic strategy execution.
• Provides free deposit and withdrawal options.

• Limited product offerings.
• No investor protection for traders outside the European Union.
• No weekend trading, extra bonuses or promos.
• No app for proprietary trading.