Recommended Forex Brokers
The bad thing about all brokers is that they can’t make you trade better in Forex. The best thing that they can do for a trader is to offer him enough freedom, tools and support to bring his trading strategy to life. Here is the list of those brokers that try not to interfere with the ways that a trader chooses:
RoboForex — a New Zealand broker with Level II Quotes (liquidity provided by Integral FX Grid) and one-click execution of the trades. Non-ECN accounts have very low spreads. Apart from that the broker is also very interesting:
- Bonuses and contests among traders
- Free VPS hosting for your expert advisors
- Alternative payment methods: WebMoney, Handy Bank, Moneybookers, Liberty Reserve, AlertPay and other payment options
- Average spread for EUR/USD is 0.8 pip
EXNESS — a Russian broker best known for its extremely low spreads, seamless execution of the trades of an volume and automatic withdrawals that are processed in seconds. EXNESS offer the following features:
- Spreads from 0.3 pip
- 134 currency pairs and other trading instruments
- A wide variety of payment options: credit cards, wire transfer WebMoney, Moneybookers, Liberty Reserve, AlertPay, CashU, Pecunix, Perfect Money, C-Gold and MoneyMail
- Up to 1:1000 leverage
InstaForex — a some sort of competition to the next broker (FXOpen), this broker offers so many bonus and contest promotions to its traders that this alone is enough to make some traders join. But there are more advantages:
- Trade with MetaTrader platform (both MT4 and MT5)
- Leverage your trades up to 1:1000
- Deposit and withdraw funds via WebMoney, Moneybookers and other ways
- Earn interest on deposit
- Low minimum account size
Forex4you — relatively new Forex broker that tries its best to keep up with the competition and offers extra-high quality level of service. See for yourself:
- More than 50 trading instruments
- Free news feeds from leading news agencies
- Cent trading (if you feel cheap)
- MetaTrader platform
- Up to 12.5% yearly interest on trade balance
FxNet — a true STP, MT4, EU-regulated Forex broker offering traders the ability to trade in multiple financial instruments via 7 platforms, under 1 account with up to 1:500 leverage. FxNet offers the following advantages:
- SimpleTrader — the industry’s most user friendly, web-based platform
- Trade during the news
- Fixed spreads 24/5
- No requotes
- Client funds kept at reputable banks
- Free Forex education videos
- No hidden fees
- EA-friendly
All the above-listed recommended Forex brokers have a good reputation among the news traders and will provide you an enjoyable currency trading experience, while the starting conditions make the joining process very simple and easy.

