Forex Brokers

Top Forex Brokers of 2021 Which Are Gaining Popularity

The first step of trading is to choose a decent broker. This field is complicated, especially for new people. However, a decent platform with an easy user interface and security of funds can make things easier. While choosing one, it is essential to consider certain factors like minimum deposit, payment methods, demo account, fees and commissions, and more. Some of the top forex brokers in 2021 are –

IG Group

IG Group is one of the leading CFD trading providers across the world that operates in 17 countries. The broker offers retail investors leveraged access to more than 17,000 financial markets on its award-winning dealing platform and mobile apps. Founded in 1974, IG Group has become the natural home for sophisticated traders. 

XM Group

Founded in 2009, XM has become a large and well-established international investment firm with more than 3,500,000 clients worldwide from 196 countries. It offers over 25 secure payment methods and the platform supports more than 30 languages. Apart from forex, stocks, commodities, shares, and equities, clients can trade precious metals and energies on the MT5 platform. 

Saxo Bank

Saxo Bank offers a smart way to trade crypto. Whether a trader is looking to speculate on short-term price action or going long-term, trading with Saxo Bank is the secure, flexible, and hassle-free way to invest in cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. It offers quick account setup and powerful tools at ultra-competitive spreads and commissions across all asset classes. 

CMC Markets

CMC Markets is a leading global provider of CFD trading on up to 10,000 instruments, including forex, commodities, indices, treasuries, and shares. By using CMC Markets, you can take advantage of their next-generation platform technology and personal client service. It also offers different packages for new and experienced traders. 

Interactive Brokers

Interactive Brokers is the professional’s gateway to the world’s markets, with clients from more than 200 countries. With this company, you can invest globally in stocks, bonds, currencies, funds, options, and currencies from one screen. They offer low-cost trade execution, real-time risk management, innovative technology, global products, and access. 

Pepperstone

Pepperstone is an Australia-based broker that specializes in providing access to financial instruments including forex, share, index, commodities, cryptocurrencies, and currency index CFDs on its MT5 trading platform. Founded in 2010, the company is headquartered in Melbourne. 

TD Ameritrade

TD Ameritrade is the best online broker for online stock trading, long-term investing, and retirement planning. The broker offers an electronic platform for the trade of financial assets including common stocks, preferred stocks, exchange-traded funds, futures contracts, options, forex, mutual funds, cryptocurrency, margin lending, fixed-income investments, and cash management services. 

XTB 

XTB offers a fully customizable world-class trading platform that is easy to use. The broker also provides superior execution speeds, trader’s calculator, performance statistics, sentiment, charts trading, and market order depth. More than 317,000 customers trade over 2100+ instruments on the platform of XTB.

eToro

This Israel based broker is one of the leading social trading platforms and a multi-asset brokerage company that concentrates on providing financial and copy trading services. eToro has executed more than 340 million trades on its platform in currency pairs, commodities, and indices via CFDs. There are no limits on commission-free trades and traders can buy financial shares. 

RoboForex

RoboForex is one of the most well-known international brokers offering more than 12,000 instruments over 8 assets. Founded in 2009 and headquartered in Belize, the company has been focused on providing the best trading conditions since. On its MT5 platform, you can trade forex, stocks, indices, and other assets.

You may visit the official websites of the brokers to know more about them.

About the Author

Elizabeth Matthews

Elizabeth Matthews is a New York City-based freelance writer who covers a wide range of topics, including business, personal finance, SEO, and life hacks. Her work has appeared in Money, SavingGuru, Forbes, ABCNews, and Coupons.com.