There are many different types of forex brokers. The following list of top 10 forex brokers focuses on a select few. All are regulated by various agencies. These agencies include the Australian Securities and Investment Commission, Cyprus Securities and Exchange Commission, the Financial Conduct Authority, the Commodity Futures Trading Commission, the National Futures Association, and the Financial Services Agency of Japan. If you’re looking for a regulated broker, look for the following qualities:
The first thing to look for when choosing a forex broker is their experience. A regulated broker ensures the security of your funds and the oversight of the company. You don’t want to end up dealing with a scam broker. A regulated broker will also offer more protection and service. You may also want to consider how long the company has been in business. Older companies often value their reputation more and are more likely to deliver the service you’re looking for.
IG is another top forex broker. This company offers a diverse range of asset classes and competitive fees. It ranks highly for customer support. It also appears to focus on the functional simplicity of its trading platform. Its reputation has been enhanced by its recent ranking as one of the world’s top 10 forex brokers for beginners. The company offers a mobile app as well as a user-friendly website. The company offers more than 80 currency pairs.