Forex trading is developing at a tremendous pace. It leads to the appearance of huge number of Forex brokers, honest and not. It is pretty difficult to distinguish one from another, especially for the beginner. As a consequence, choosing Forex broker becomes a tough task. Without experience it is easy to make a mistake or believe in attractive, but false statements.
How to protect yourself from the fraud?
FxAdvice knows how to choose a reliable Forex broker. We thoroughly studied currency market and understand its mechanisms. Besides it, we know all instruments which brokers use in developing their business. It allowed us to created our own list of best Forex brokers with solid regulation and transferring all clients’ deal to the interbank market.
A selection of broker is carried out individually for every trader with taking into account all his requirements, interests and features. Such approach allows to exclude unsuitable (by individual criterias) brokers even from the best ones.
We help to open an account, withdraw money and settle difficult conflict situations (if they happen). With FxAdvice you gain a reliable assistant which is always on your side!
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Regulation and availability of reliable
licenses (FCA, FINMA, ASIC), avoid
CySEC and Offshore Licenses
Country of registration
(no offshore companies)
Absence of bonuses (most
a bright sign of "cuisine")
STP-execution, absence of any
prohibitions and restrictions on trade
The lack of a fixed
spread and shoulder more than 1: 200
(signs of "kitchen")
Replenishment of account only by bank
transfer, credit / debit card
and licensed payment
systems (Skrill, Neteller), lack of
gray payment systems (Webmoney,
Yandex Money, Qiwi, etc.)
700+ - Great number of companies that offer brokerage services. It is difficult to get the whole information for some of them.
98% of brokers do not bring the deals to the interbank market and totally execute them inside the company.
The majority of brokers are registered in offshore jurisdictions where nobody controls or audits them.
Trading with a dishonest broker often leads to deposit loss or profit non-payment.
Free consultations - without a payment for the help of experienced traders
An absence of the mark-up - you open an account with standard conditions, like you would do it by yourself
All-around assistance on the every step of trading with a broker
Consulting is provided by Andrew Vovk - practicing trader with 5 years experience in brokerage business
More than 3 years of successful in consulting and assistance of choosing a broker
More than 1100 of satisfied traders from around the world
We analyzed 250+ brokers from different countries and selected the best ones
Opening an account through our link you get standard conditions, like you open it on your own. We don’t use mark-up on spread for our clients. Guarantee professional assistance of our specialists in all matters about trading.
Only licensed and regulated by solid financial institutions
Real STP-brokers, which send all deals to the interbank market
With a strong reputation and authority among top world traders
Offering best trading conditions and execution speed
With fast and easy withdrawals, so you can quickly get back your money