Best Forex Trading Brokers Reviewed

When you want to get into trading, you want it to be swift and comfortable. Thus, there are several things that you need to consider. You must make sure that the trader you’re about to get involved with is trustworthy and offers a comfortable mobile app. Why should you waste your time when you can trade on the go? One thing you also need to consider is whether you’re a novice or a pro. So, let’s check the best brokers out there so you can pick the one to start or continue trading in 2023.

IG

IG is one of the best and oldest brokers on the market, being founded in 1974. A trading mainstay, covering more than six decades, IG won numerous awards, and in 2023, it was named the next broker by ForexBrokers.com. IG is suitable for both beginners and experienced traders. Just choose the option offered on the IG site based on your experience. If you’re a novice, you’re lucky, as IG will provide you with tons of educational materials on trading.

RoboForex

RoboForex is another great option for those who want to start or continue forex investing in 2023. Unlike the previous entry, RoboForex was launched in 2009. Despite being on the market for just over ten years, RoboForex is considered one of the most reliable brokers. What makes the broker stand out is the extremely comfortable application MobileTrader: Online Trading by Roboforex. It supports multiple languages and has a lot to offer, like $10,000 demo accounts, getting daily market analysis and forecasts for free, and trading everything from currencies to oil. With RoboForex and its app, you get comfortable online trading on the go.

Saxo Bank

Saxo Bank is on the market since 1992, and past its 13th anniversary, it continues to amaze traders with what it has to offer. Firstly, Saxo Bank is licensed in six key jurisdictions, including Norway, Singapore, the United Kingdom, Hong Kong, the Netherlands, and Australia. And its perfectly-designed app offers more than 60,000 trading instruments, from micro futures to crypto derivatives. Saxo Bank is a low-risk broker that offers everything that you need for hitting the trading market in 2023.

Tickmill

Launched in 2014, Tickmill is yet to celebrate its tenth anniversary on the market. The broker quickly became popular among traders thanks to its fast and easy registration process and multiple free-of-charge deposit and withdrawal methods. Operating in two 2-tier jurisdictions makes Tickmill an average-risk broker for forex trading. There are several downsides to the broker, however: it offers a basic news feed and the app’s design feels kinda dated. But, all in all, Tickmill is worth checking out.

eToro

If you want to try out trading but have zero interest in doing in-depth research on the trading craft to develop your own strategy, social trading is your go-to option. Instead of developing your own strategy, you can simply copy the strategy of more experienced traders. And eToro is the best broker for this kind of trading. The broker has an easy-to-navigate web platform and an extremely user-friendly application. It offers over 3,000 trading instruments. The eToro broker is perfectly suitable for novices and casual traders. The only downside is that it’s a bit pricey, with initial deposits ranging from $10 to $10,000.

If you want to start trading in 2023, pick one of the brokers listed above, and you’re unlikely to regret it. However, if you want to check other options and find a broker on your own, remember to check whether it’s properly licensed. Check what the broker offers and, most importantly, read professional and user reviews before creating an account.

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