If you’re a trader looking for a broker that has been established for a long time, Oanda is likely a good choice. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Assuming the brokers you’re choosing between are reputable, the next point to consider is whether they offer all of the features you require to trade.

Plus, we share all our trading smarts through our ‘Trade of the Day’ email, blogs and jargon-busting glossary.

Since 2006, Avatrade have attracted over 20,000 traders to their platform. Therefore, Markets.com is the more affordable for this instrument.

This score is algorithmically-generated based on 31 factors.

Benefit from industry-leading low spreads from 0.0 pips on our pro account. The broker is a market maker, having one of the largest currency databases in the world. OANDA Japan  Rates and terms set on third-party websites are subject to change without notice. Comparing the trading costs of forex and CFDs is not easy. CFTC limits leverage available to retail forex traders in the United States to 1:50 on major currency pairs and 20:1 for all others.

Probably the most important ommission in the Australian FX broker regulation, is that it does not include a compensation scheme in case a licensed company becomes insolvent. If you need higher leverage, you can pick a broker, who offers leverage ratios of 1:500 and exceeding 1:500 from this list.

Blueberry Markets is an Authorized Representative of EightCap Pty Ltd., which operates the EightCap forex broker.

Our costs are built into the spread, which means when your trade moves into a profitable position, you’re making money from that point.

Setting up an account is simple and take less than 3 minutes - simply sign up and verify your details.
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You may look up real-time spread of 15 leading brokers here. Similar minimum capital requirements apply in most jurisdictions, for instance UK-based brokers are obliged to hold at least 730 000 EUR in order to prove their financial stability, and Australian ones must possess a minimum of $ 1 million in order to operate legitimately. Based on 69 brokers who display this data. OANDA UK  Oanda is more popular with over 23,000 traders.

Markets.com provide an in-house trading platform that is powerful yet friendly for the user.
Oanda recently added to its platforrms line up Protrader, developed by PFSOFT. See how IG stacks up against Oanda!

Between 54-87% of retail CFD accounts lose money. The MT4 and MT5 are well-known to most traders. Negative balance protection prevents you owing your broker more than you’ve deposited. Furthermore, fxTrade is equipped with intuitive and powerful charting features, multiple sub-accounts to test different trading strategies and financial news and market analysis from leading news providers. Last updated on 01/09/2020.

All information collected from www.oanda.co.uk.

Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website. While Markets.com also allows scalping and hedging. Our Professional account gives you more transparency so you can see the raw market spread. Its product portfolio includes forex, index, commodity & bond CFDs, as well as precious metals. Company No. OANDA offers its clients various methods to deposit/withdraw funds to and from their accounts. Spreads on the ECN account are dramatically lower, starting from 0.0 pips, the typical ones on the EUR/USD being around 0.1 pips. Blueberry Markets is not a financial adviser, and does not issue advice, recommendations, or opinion in relation to acquiring, holding or disposing of a margined transaction.

This broker offers variable spreads, the average ones on EUR/USD amounting to 1.4 pips, which is on the upper end of average.

A broker cannot be compared to itself.

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Besides, NFA-registered brokers are required to maintain a net capital of at least $20 million to guarantee customers’ positions, which makes them super safe to invest with.