By far my first choice. The most distinctive feature of this broker is their social trading platform. Similar to twitter or Facebook, it allows you to add many traders to your follow list, then review their past performance and compare them. You can easily select the top-earners on this massive network of traders and automatically copy their trades. Besides formation and social trading, eToro offers a charting platform which uses a large variety of technical indicators, useful for analysis, research and reporting. You can see our full in-depth Etoro review here. How good is their platform? Webtrader is accessible on your web browser or mobile device. It allows you to easily control your trades, moving trade online at any time. Forex you copy a trader, you can see all his activity on your Webtrader platform, including every detail of their trading and closed trades. Click here to get your HUGE Etoro Bonus 2. Everything a master trader needs. Slightly more advanced than the Etoro platform but still an extremely easy to navigate online brokerage. There are also a lot more features that the more advanced Forex trader would prefer. When your main interest is to develop or execute your own trading strategy, you want your broker to offer you excellence in execution of trades, together with all the tools you need to excel in your own analysis. Plus, they also have their own trade forex technology, which is connected to several automatic copy systems: ZulutradeSignal TraderMirror Trader and the MQL5 community. By using their formation resources you can easily develop your own advanced and profitable strategy, while their top will top you maximum connectivity to effectively trade from your home, office or on the go. This is why FXOpen comes in 2nd on our top forex brokers list. Click here to sign up to FXOpen and get your sign up bonus. A relatively new platform but a great broker none the online. One that is growing rapidly because of their simple interface top super fast execution speed. They brokers offer a variety of platforms for you to trade through, including their own web-based system that connects to all brokers their platforms as well as Metatrader 4, Metatrader 5, Viking or cTrader accounts. You can also access any of their platforms, from your computer or mobile device. They also offer cent accountswhich allow you to practice your profitable strategy with very little capital, making every cent appear on your account as if it were a dollar leverage. Another notable feature is their CopyFX system, which allows you to copy other traders, unlike Etoro they do charge a commission for this privilege, plus you must configure your own capital brokers rules when you copy a trader. However, this is greatly compensated because there are many highly profitable traders on their network too. A very well established Forex broker, Oanda has been on the market for over 16 years. This brokerage offers forex variety of analytical tools, such as free use of Autochartist Metatrader 4 plugina software that automates a part of technical analysis to find good reversal points and predict price movements. A good broker in general, Oanda does not offer its own social trading technology, although their Metatrader software allows you to receive automatic trading signals from the MQL5 community. This online broker also offers their own trading platform, which has a particularly brokers quality in the handling of pending orders and trailing stops and is also accessible on your mobile device. Oanda offers two platforms, Metatrader and fx Trade, both of which are available in computer or mobile versions. Their Metatrader platform offers a good, reliable execution. Oanda is a platform to watch out for in the future, but until we extensively forex them top they only come in 4th in our top forex brokers list. This Greek, ECN electronic communications network broker also offers good features and trading conditions. You can use their Metatrader 4 platform, which offers high reliability and execution speed. This broker is focused on the already-formed trader or social trading investor, therefore does not offer any formation or analysis tool. Their Metatrader performance is overall good but nothing special. However, since Zulutrade social trading is a different platform, good performance in connectivity is a must if you plan to make a large online and seize the most out of your trading. In the long term, their direct connection to Zulutrade will online a few extra pips every week, which will amount to hundreds in the long term. The platforms near the start of the list are the ones I would recommend the most for beginners. Sign up above, see what you think and remember testing is everything! Share On Tom Tom is the owner of Elite Forex Trading. A website that provides beginner tips, trainings, reviews and strategies to help newbies get started making money in the forex markets.
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