Are there any good new Forex brokers?

Elliot Harris · November 15, 2023

Brokers play a crucial role in your overall profits. So, one must be very cautious while selecting a broker. Before going with any new broker, you must ensure that broker's reliability. Instead of looking for an old or new broker, you must look for a trustworthy broker providing amazing services. If you prefer a regulated broker, Pepperstone is an apt choice. Otherwise, Turnkey Forex is the one I recommend everyone give a try. In addition to tight spreads and impeccable execution, it comes up with great offers. So, you can give it a shot.

Lightning · November 28, 2023

As I know, a couple of years ago, there were more than 800 forex brokers globally. I suppose this number is much higher now, but it does not mean you can trust them all. After reading this publication, I found a broker I use now that motivated me to start trading. Now I use FXCL for trading, as they also offer a lot of educational articles and bonuses.

Ueifa · January 24

Selecting the appropriate broker is crucial for a successful forex trading experience. I'm contemplating fbs trading because they facilitate trading in over 150 countries, offering low spreads starting from 1 pip. Their ECN account provides direct market access, and the option for social trading allows users to follow experienced traders. With multiple regulatory bodies overseeing them, such as CySEC and ASIC, FBS seems to prioritize security and compliance.

Edited January 24 by Ueifa

tradesprint · March 23

We can do some research and shortlisting some reputed brokers like hotforex, octafx, xm, exness, lmfx etc for finalising any right broker. However, it is really hard recommending broker these days since there are many brokers joining the market each day while many leaving at the same time.

sendong · March 30

im trading with hotforex, and lmfx, these are good brokers, xm is well known as well, and exness has been around for a while. just make a list and compare all of them and choose one it should be fine.

tradesprint · April 4

Also i guess better to go and download their demo account first, trade it to check the trading conditions and once finalize the broker start with small amounts to further test the processes which can't be tested on demo accounts like withdrawal etc.