Forex ratings reviews

We gathered a list of 65 forex trading brokers and reviewed 8 of the best forex brokers based on 86 different forex trading features. Account and Portfolio Information refers to the data and display options associated with the financial account and transaction information of a forex account.

All of the best forex brokers will reviews account information in real time, display account reviews, and provide history reports and statements. An investor who requires specific portfolio reporting reviews may want to take a harder look at the features reviews this category.

Cross Currency Pairs includes secondary currencies traded against each other and not against forex U.

This category represents another set of highly traded currency pairs that most reputable brokers offer. The Cross Currency Pairs category is especially important for a forex trading account denominated in a currency other than the U. Major Currency Pairs are the most important, most traded worldwide currency pairs available through a forex broker. A major currency pair is created when one of these currencies is traded against the U. Major Currency Pairs is ratings important category because these pairs represent the most heavily traded and liquid currency markets in forex trading.

Trading Technology ratings all technology that enables the execution of a trade as well as tools to simplify trading or execute advanced strategies. The Trading Technology category includes a spectrum of features, from alerts and real-time quotes to the more advanced features such as automated trading and conditional orders. Trading Technology is one of the ratings important categories when considering a forex broker because the ability to execute a chosen strategy is highly important when forex trading.

The forex brokers with the best support are available during all trading hours through multiple channels including live chat, email, and phone. Some of the top forex brokers also have retail locations where you can speak to someone in person. Support especially matters for online forex trading because forex markets trade around the clock, necessitating access to support at all hours. Mobile Trading is the ability to access a trading account using a mobile device. Mobile Trading encompasses the availability of dedicated apps for a variety of devices, the functionality of the features within the mobile app, and how users have rated the application.

Mobile trading continues to grow in importance as the quality of applications improves to meet the demand for high-performance, on-the-go forex tools. Research is the resources that a forex broker provides to their clients to help them make decisions and understand market activity. The research provided by the best forex brokers include advanced charting capabilities, third-party research, research reports, and market commentary. Forex trading can be highly computer driven, and some reviews brokers offer traders access to historical data so they can forex strategies before allocating real money.

Research is an important category for traders who are looking for assistance in making decisions as well as independent traders who are seeking confirmation on a trade ratings a second opinion. Some of the more self-directed brokers offer less research amenities because they cater to more advanced traders who pay for third-party research. Trading Platforms covers the different software platforms available for forex trading provided by the broker.

Additional platforms include mobile platforms to execute trades on the go and virtual platforms to test strategies without risking money. Forex brokers often offer promotions to attract a prospective customer. Examples of incentives include introductory offers for opening an account and customer referral programs.

Others offer free trading demos so traders can practice forex trading before committing to the broker. Other Investment Products consists of other investment products a forex broker makes available for someone to trade.

Other Investment Products include reviews, futures, options, and CFDs. Forex is a less important category because most forex traders are highly specialized, but it can be a more important category for professional traders with expertise across multiple products.

Education is all of the resources an online forex broker provides to help their clients learn about forex trading and navigating the platform. Additionally, the best forex brokers provide a superb trading community to facilitate the exchange of trading ideas. Education is less important to an advanced investor, but a beginner benefits greatly from the courses and webinars offered by most forex brokers.

Ratings, instant access to our exclusive guide: We find the best of everything. We start with the world. We narrow down our list with expert insight and cut anything that doesn't meet our standards. We hand-test the finalists. Then, we name our top picks. However, the rankings and listings of our reviews, tools forex all other content are based on objective analysis. For more information, please check out our full Advertiser Disclosure.

The information in our reviews could be different from what you find when visiting a financial institution, service provider or a specific product's website. All products are presented without warranty.

The Best Forex Reviews. Editor's Choice thinkorswim Open an Account. Choosing the best forex broker for you. The 3 Best U. Forex Brokers November 11, The 2 Best ECN Forex Brokers February 7, The 3 Best Forex Trading Platforms November 11, What forex trading features matter and why.

Most important account and portfolio features. Account History Reports — You can create reports or view statements of your portfolio or account information. Download Statements — You can download your account statements. Export Data — You can export your portfolio or account data.

Order Status and Balance — You can quickly forex your current trading positions, open orders, and account balance. Real-Time Updates — Your account balances update in real time. Most important cross currency pair features. Japanese Yen currency pair. Australian Dollar currency pair. Swiss Franc currency pair. British Pound currency pair. Most important major currency pair features. US Dollar currency pair. Canadian Dollar currency pair.

Forex important trading technology features. Alerts — You can set up personalized alerts for your portfolio. Automated Trading — Forex can place trades by setting automated triggers. Conditional Orders — You can place orders that, when executed, immediately triggers or cancels another order. Customizable Reviews — Ratings and features of the trading platform can be customized and changed. In Chart Trading — You can use the charting tools to actually place trades.

Real-time Charts — Real-time updating charting tools are available through the broker. Real-time Quotes — Up-to-date price quotes are available in real time.

Customer Service and Support. Most important customer service and support features. Reviews — You may access customer support by email. Live Chat — You may access customer support by live chat. Phone — You may access customer support by phone. Trading Hours Support — You may access customer support during the majority of trading hours. Most important mobile trading features. Android ratings The broker provides an app for Android devices.

BlackBerry — The broker provides an app for BlackBerry devices. Create Alerts — You can create alerts with one or more of the mobile trading applications. Mobile Research — Research features forex available ratings one of the mobile applications. Mobile Website — The broker offers a separate mobile website for accessing your account from a mobile ratings browser.

Place Trades — You can place trades using your mobile device. Portfolio Tracking — You can track your portfolio using a mobile device. Streaming Quotes — Streaming quotes on mobile devices are available. Most important research features. Charts — You have access to charts so you can conduct research on investment products. Historical Data — The broker gives you acess to historical exchange rate data. Market Commentary — You have access to market commentary from outside experts.

News — You have access to daily market news and updates from third party services. Research Reports — The broker provides you with various research reports. Most important trading platform features. Mobile — The broker offers a platform to execute trades on a mobile device. Professional — The broker offers multiple platform levels including a professional platform.