If you are a trader who only needs a basic platform and trading features with the best attributes, then Exness can be your best choice. Exness covers its lack of feature variations with other advantages like low spreads starting from only 0. This is very suitable for traders who use scalping strategies Scalper.
Spreads on major pairs in certain account types can also be as low as 0. Not only that, but traders can also enjoy other advantages such as an automatic fund withdrawal system. If a trader withdraws funds through the e-Payment facility provided by Exness, the processing time is instant and goes straight into the account.
This means that when traders make a withdrawal, everything happens automatically without human intervention. Exness's ability to become an official partner of the Real Madrid soccer team for 3 years, starting July , also provides evidence that the company has high solidity. Deposits and withdrawals may be made 24 hours a day, 7 days a week. However, it is important to note that the company shall not be liable for delays in processing deposits and withdrawals if such delays are caused by the payment system.
Traders do not need to worry about transaction fees when depositing and withdrawing. When trading on Exness, transaction fees are not charged to traders. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others. All information displayed on the Exness website is tested and proven. Their business is audited quarterly by Deloitte, which is an audit company for financial services.
Moreover, Exness is one of the mote transparent brokers in the online trading industry. Traders can find out all information about this company on the website, such as trading volume, number of active clients, client deposits, company funds, and many more. This makes it easy for traders when trading on Exness, as they can also access Exness platforms anywhere and anytime.
Over the years, Exness has developed into a broker that attracts traders. One measure of client confidence can be put on the trading volume. By December , their clients' monthly trading volume reached USD Through the program offered by Exness, traders also have the opportunity to earn extra income by becoming their partners.
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Additional income can also be obtained from Exness Partners. When trading with Exness , profit opportunities generated by traders also increase with VPS hosting services. This feature helps to maintain trading activities to progress smoothly and without interruption in the event of unexpected troubles such as lost internet connection or electricity problems that shut down traders' PCs unanticipatedly. From the review above, it can be concluded that Exness is a favorite broker for traders because of low spreads and flexible account types. This condition is very suitable for traders with limited funds but is in need of more opportunities to get maximum profit.
This broker is also well known for its maximum support on both new and existing partners. This forex broker pioneered the cent account and is also known to always keep up with the trends among retail traders. Also, LiteForex provides free deposits via any payment method through the ZERO Fees scheme which can return the deposit transfer fee to the client's account.
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More importantly, the broker provides traders with the chance of trading more than 40 large American companies' Stocks in CFDs. With the support of both MetaTrader 4 and 5 platforms, LiteForex traders are given the freedom of trading various instruments with the most well-known technologies in trading. It is also the gateway to access an extremely wide selection of custom indicators and Expert Advisors that everyone can discuss and download in MQL4 and MQL5 sites.
Although relatively limited, the account choices have managed to accommodate the majority of traders' needs, particularly those with early to intermediate levels of trading experience. Interestingly, LiteForex boasts its capability of giving an annual interest for ECN traders which amounts to 2.
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As a complimentary, LiteForex also built a Social Trading system that manages to completely resemble a social media platform with special features solely based on usual trading necessities. The said platform is also easily integrated with traders' Member Area.
On the payment methods' front, LiteForex provides a lot of choices ranging from standard Bank Transfer to electronic payments like Skrill and Neteller. This broker is also known for its ongoing Zero Fees program that relieves traders from the attached fees from each method payment. More than its commitment to ease traders' experience in terms of payment and trading, Liteforex used to be recognized as one of the first brokers initiating the innovation of Cent Account for small traders, thus the name "Lite".
However, the company's focus seems to change over the years so they now choose to limit their service only to ECN and Classic traders. Furthermore, LiteForex has been serving global retail traders since , an accomplishment not many forex companies can achieve.
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Therefore, it can be concluded that even though LiteForex is operating as an offshore forex broker, its durability for more than 10 years serves as a reminder of retail traders' trust. Another thing to note from this broker may come from its expansion to Asian countries and their passionate effort to penetrate the markets profoundly.
Not only the language support in the official website, but LiteForex also goes beyond to maximize its commitment by providing local payments and other means specifically tailored for each country's traders. To keep their traders engaged in more trading activities, LiteForex also holds seasonal trading contests and various kinds of promotional bonuses.
Their profile in numerous review sites also indicates a relatively safe broker for retail traders. Yet, it is important to note that LiteForex offers its service globally as LiteForex Investments Limited which hasn't been registered to any financial regulations. This may subject traders to difficulties in filing complaints and compensation claims should there be unfortunate incidents in the future. But if we take a look at its long-standing as a comparatively experienced broker since , it is quite safe to say that trading in LiteForex can be considered quite reliable, especially considering its status as an offshore brokerage.
InstaForex is one of the most popular forex brokers since As the name implies, InstaForex prioritizes ease of administration to instantly jump-start your trade.
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InstaForex is an international broker that provides trading services to traders globally. Since it was founded in , InstaForex has provided for clients from various countries as many as 7 million traders. Based in Kaliningrad, Russia, InstaForex always attempts to improve the quality of the company in order to captivate the hearts of their clients. There are 4 types of account offered by InstaForex representing a universal trading tool that help to work on international financial markets, such as Insta.
Standard, Insta. Eurica, Cent. Standard, dan Cent. Trading account types differ by the methods of accounting spreads and commissions, which are picked by the trader opening an account.
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Standard account is relevant for standard trading terms on the Forex market and allows a trade to be settled with classical spread and with no fees. Traders will be charged a fixed spread every time they make a transaction. Spreads that are provided ranging from pips. The main advantage of this type of accounts is its universality, as a trader can change the trading leverage and work with a deposit size convenient for traders.
Different from Insta. Standard accounts, Insta. Eurica accounts do not require payment of any spread on opening a deal. Therefore, this type of InstaForex account is suitable for beginner trader with a minimum transaction of 0. There are also other types of accounts InstaForex, namely Cent. Standard and Cent. Eurica which can be used for beginner traders because they can use the minimum transaction volume, which is 0. Trading in InstaForex is quite a given as traders can choose to trade with leverage between to , Not only that, but beginner traders are also exempt from confusion in determining forex trading strategies.
Because Instaforex provides ForexCopy services that allow traders to copy orders from professional traders in just a few minutes. And then, there are around trading instruments offered by InstaForex for traders. In addition to currency pairs, there are also futures, shares, gold, silver, CFDs, Bitcoin, and others.
Every InstaForex client is free to choose a trading platform that can be tailored to their needs. Each platform has advantages and disadvantages. InstaForex also provides video tutorials on how to register on each platform.
It aims to make it easy for beginner traders who want to join InstaForex. If a trader still confused after seeing the video tutorials, traders can contact customer service available 24 hours connected to various social media, including email, Skype, Whatsapp, Telegram, Viber, Twitter, and Phone Call. On the InstaForex website , there are around 30 languages provided to facilitate traders from various countries.
The trader can also help themselves with trading calculators provided on the InstaForex website. Traders can accumulate currency pairs, Leverage, volume, and currency used. The payment system in InstaForex is also diverse. All in all, InstaForex is a well-rounded broker for many types of traders. FXOpen is a forex broker pioneering micro account and swap-free interest-free option. Managed accounts. FXOpen started its operation as an online trading provider for retail clients since The company was founded by a group of traders with a mission to provide services that refer to the interests of traders.
With FXOpen's unique proprietary price aggregating technology, their clients can benefit from the industry's most competitive spreads from 0 pips and low trading commissions. In , FXOpen also became the first broker to offer a micro account and a swap-free account. After that, they continue to be the pioneers of several new and high-tech services, including the first Crypto account that can provide trading facilities on 24 Cryptocurrency pairs such as Bitcoin, Litecoin, and Ethereum.
Furthermore, the company provides One Click Trading and Level 2 MT4 plug-ins, enabling traders to place trades with just one click of the mouse. Traders do not need to worry about trading security at FXOpen. Besides, traders can enhance their trading capabilities with Myfxbook and Zulutrade automated trading systems. Both of these services allow anyone to copy the transactions of experienced traders. Thus, traders can replicate the results of professional traders' strategies.
The Master operates personal capital through a PAMM account, and his trading strategy is replicated to the Follower's capital. The owner of the Follower account can view and analyze the performance of the PAMM account with the help of advanced analytics. After seeing the various advantages offered by FXOpen , traders can easily register an account, simply by filling out the form in the registration menu on the FXOpen website.