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Please note that this is my personal rating for brokers according to my experience.
PipTrade
Perhaps the biggest advantage of PIP trade over other broker companies is that it allows for trading various investment vehicles in a single account. Unlike other brokers, PIP trade offer precious metals, commodities, oil, stocks and indices in addition to currencies. This is an ideal choice for traders who are looking to allocate their assets into different markets. With PIP Trade, you can go long and short on any of the products and you get the security of dealing with a regularized broker.Alpari
Alpari initially started running in Russia but had then moved to UK. This is one of the most widely used brokers among Forex traders around the world. The dealer itself is well capitalized, therefore giving security to traders in investing their money. Another bonus of trading with Alpari is the ability to trade options.Etoro
Etoro has been one of the few broker companies that have quickly adapted to the fast changing market circumstances. It has one of the easiest platforms to navigate and also has an interesting blend of social media. With eToro Openbook, traders can see what other traders are doing in real time. This makes it possible for them to find out which strategies work and are worth following.FXCM
If you are looking for an absolutely credible broker, then FXCM is one of the best choices out there. The very fact that this is not only regulated but listed on the New York Stock Exchange indicates that it is indeed a serious company. With a minimum deposit of $50, you can get up and running in currency trading. The deposit process is also straightforward as you can use credit/debit cards, checks as well as ACH deposit to fund your account.Oanda
Oanda is another trusted broker having established its credibility over the past years. In addition to the most traded pairs, it also offers exotic pairs and precious metals. Oanda’s website houses some of the best educational materials on Forex trading in general and there are lots of commentaries which can help traders in formulating ideas. There is no minimum deposit and funding your account can be done through bank wire, ACH and check.About Me
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