Here are the Top Brokers for Forex Trading

Online forex trading has grown in popularity with personal investors over the last few years. The growth has led to a big increase in the number of brokers available to traders, but choosing one doesn't always come down to simply cost. 

In their search, traders will see brokers offer other products beyond FX, such as Contracts for Difference (CFDs) and cryptocurrencies. 

Like forex, trading CFDs involves using leverage (which we'll return to below) and gives the trader the ability to place trades on such things as commodities and stock indexes. 

IG Markets

For more advanced traders, IG offers the ability to automate trading strategies via an API, and in addition, traders can trade through 3rd-party trading platforms such as MetaTrader 4. 

IG is also popular with beginner traders who have access to a broad selection of educational courses, including the basics such as how to trade. 

Saxo Bank

Like IG, Saxo is a broker that has been around since the 1970s with a trusted and recognizable brand. It offers three accounts, each one with a minimum account balance: Classic $2,000, Platinum $200,000 and VIP $1,000,000. 

Saxo has a well-regarded customer service, and in addition, their primary trading platform SaxoTraderGo is impressive. 

Forex.com

Forex.com is one of the two CFD and forex brokers owned by Gain Capital (the other way being City Index). Like Saxo, Forex.com is well known for providing forex traders with a great customer experience. 

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