Forex is one of the most popular investment markets, with active trading around the globe. And if you’re planning on getting involved, it can seem like you need to be an expert to start trading.
This is why we’ve put together this list of our top best Forex broker for beginners. These companies are great for first-time investors and they offer an easy way to trade currencies without much complication or risk. They also provide professional support and education that helps beginners stay up-to-date on global financial happenings.
Since forex trading is such a popular investment, we also know that many top brokers will be considered. To help you cut through the noise and choose one of the best for your needs, we’ve created this list to highlight some of the standout companies for beginners.
The Best Brokers
This list of best Forex broker for beginners has been created by reading countless reviews and looking over the top brokers available. We’ve even included some of the best features from each broker to help you make a well-informed decision before adding them to your watchlist.
In order to make our list of best Forex broker for beginners, we had to put a lot of thought into it. We read through top forex trading website reviews, the official websites of the broker, and finally did our own research. We looked at all aspects that would be important to a beginner including support levels, payment options, customer service levels, and even social media presence among many other things.
Once we had narrowed down the list to our top three, we read their terms and conditions to make sure there were no hidden surprises. We also read through customer reviews, many of which are available on the official website itself. We also went through various forums online to see what people thought about our top choices.
After having done all that homework and research, we’re ready to share them with you!
Leverate – Best Forex Broker for Beginners
Leverate is a forex broker that has been considered one of the best brokers for beginners since its inception in 2007. They’ve been working hard to make trading both secure and accessible, which is why they’re frequently recommended by experts.
Leverate offers a simple platform that makes it easier than ever to start trading currencies. It also offers top-notch security, real-time quotes, and tight spreads. And because it’s so easy to use, you can learn how to trade forex in just a few minutes!
However, even though Leverate is considered one of the top brokers for beginners, it’s actually great for experienced traders too. This is because they have some of the lowest spreads in the industry, which means you’ll get more bang for your buck.
Best Forex Broker Features
Security – Leverate has a strong focus on protecting its customers and its website is regulated by both the FCA and CySEC to give investors peace of mind. They also offer two-factor authentication to ensure that there are no unauthorized logins to your account and their verification process consists of multiple stages.
Interactive Charting – The charts on Leverate are the crispest in the industry. They’re also supported by quick, real-time pricing so you can see all the available information as it happens.
Global Access – Since Leverate is regulated by both CySEC and FCA, you have unrestricted access to trading forex anywhere in the world.
Wide Variety of Payment Options – Leverate accepts trading via debit/credit cards, wire transfer, and electronic payment services such as PayPal and Skrill.
Deposit and Withdrawal – With Leverate, you can leverage the leverage facility that allows you to increase the number of funds you’re trading with. And since it’s part of the global FCA and CySEC regulatory system, Leverate is considered a safe option for investors no matter where they reside.
Why We Recommend Leverate as One of the Best Brokers for Beginners
Leverate offers a number of great features that make it easy for beginners to get started and also for experienced traders to find new opportunities. It’s also very easy to use and if you’re looking for a secure investment, this is your best bet.
TD Ameritrade – Best Broker for Beginners in the US
TD Ameritrade holds an elite sport in the forex world and is frequently cited as one of the top brokers. This website is regulated by the NFA and CFTC and it’s also considered to be one of the safest options for investors. It also offers plenty of educational information and special services for beginners.