Best Forex Brokers (Safety of funds 2022)

The Best Forex brokers offer different account types and specify key trading conditions on their trading sites, which are usually designed with a no nonsense approach.

More than 80% of Forex/crypto/CFD investors do so on a Metatrader platform, MetaTrader4 is by far the most popular trading platform on the market, featuring well over 50 customizable market indicators and trading robots, with the help of which you can easily run automated trading sessions directly on your brokerage account.

If you want to trade Forex, Stocks or cryptocurrencies, start on a free demo with a regulated broker. You can make profits, but also losses. However, at a licensed broker, they will not steal your money, and block your withdrawal requests.

Best Forex Brokers

BrokerRegulationMT4/MT5
AvaTradeASIC, FCA, JFSA, IIROC, MiFIDYes
PaxForexFSAYes
LibertexCySECYes
VantageFXASIC, FCA, CIMA, VFSCYes
FXTMCySEC, FCA, FSCYes

Top Regulated Investment Platforms

Invest with verified forex trading ventures in the market. These are licensed schemes that have desirable trading conditions.

At a licensed broker, your safety is also guaranteed unlike with offshore schemes.

AvaTrade

AvaTrade is a Globally licensed Forex broker with copy trading benefits. They have a great trading platform that carters for both beginner and expert traders.

Test it out first on a free demo, see here.

Safety of Funds

It remains a fact that most unregulated brokers are involved in some sort of investment scam, and those operating anonymously are 99.99% fraudsters. These fact cannot be ignored.

Now, the rules that regulators have put for Forex brokers who are based in US, Cyprus, Switzerland, Australia, South Africa and even the UK are quite tough compared to those which govern off shore brokers situated in countries like Belize and Estonia.

Since traders have no protection at all when dealing with off shore brokers, we recommend that all traders should only deal with companies that are well regulated and authorized to provide trading services to members of the public.

ASIC (Australia), BaFin (Germany), IIROC (Canada), JFSA (Japan), FCA (UK), CMA (Kenya) and CySEC (EU) regulated brokers. Trade with confidence knowing that all your funds are safe, segregated and secured by military grade DDOs and SSL encryption.

You will be able to select these from brokers on this page as they are either regulated by CySEC, ASIC and many other reliable regulatory organizations.

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