The forex market is the most actively traded and largest financial market in the world. When searching for a reliable forex broker platform on the internet, both pros and novices look for multiple key benefits and features. Among the most important things are fees (including commissions and spreads), trading experience, trading platforms (mobile and web-based, downloadable software, third party platforms, and charting), trading education, customer support, security, and trustworthiness.
Whatever forex trading platform you pick, make sure it is reliable and provides you with the best features and services matching your requirements. With this in mind, we have made a list of some of the best Forex trading platforms that are safe to be used by anyone in the world. Let’s have a look at them below:
London Capital Group (LCG)
Founded in 1996, London Capital Group has continued to give a tough time to its competitor, keeping pace in the competitive online brokerage space. The company has gone through a rebranding phase in 2016 with the unveiling of LCG Trader.
Good
- Special emphasis on customer service
- FCA (UK) regulated
- Solid protection for client accounts
- Trading incentives
Bad
- Doesn’t accept US clients
- Automated trading capabilities and no back-testing
- Differences between MT4 and LCG Trader
- Website maintenance substandard
Saxo Capital Markets
Founded in 1992, Saxo Bank Group markets itself as a top leading Fintech company focused on multiple asset trading and investment. It delivers backing as a service to wholesale clients. Like many Forex brokers, Saxo Capital Markets doesn’t accept US clients.
Good
- Wide collection of offerings
- Industry’s best research
- FCA (UK) regulated
- Superior user interface
- Solid protection of client accounts
Bad
- Doesn’t accept US clients
- Complicated instrument fee structures
- No MT4
- Poor customer service
How do you look at this? Please feel free to offer your thoughts in the comments below.
I am a forex trader and I blog about my adventures in the world of foreign exchange. Forex trading is not for everyone, but it has been one of the most interesting ventures that I have embarked on so far. It’s like walking through an old haunted house; you don’t know what you’re going to find next!
