The foreign exchange market is among the largest markets in the world. Popularity of this market is due to low risk, good returns and 24/5 running time. Forex market is known to never sleep and this can be easily identified by looking at the traders who trades at any time in day or night. Traders keep a close eye on what’s happening in the market and thus take decisions as per it. This blog is all about the latest top forex brokers in the world and the reason for their popularity along with their benefits. Being a pro or beginner trader, you only need these things in a broker because great features are all you need to climb the success ladder of financial market.

Top 7 Forex Brokers in the World Ruling the Financial Market

1. Xtreamforex

The platform was raised in the year 2015 and since then it has garnered fame worldwide. It’s a Cyprus-based company that has contributed a lot in the market for providing financial gains to traders across the globe. The firm has a profit of over 1B and is operating near Turkey on an Island. The winner of best affiliate program 2021, best customer support broker 2021 and best MT4 & MT5 2021 awards, Xtreamforex is a brand that has offices in India, Pakistan, Nigeria, Cyprus and Indonesia. This is a great choice if you want to trade internationally and that’s why its most popular.

The Benefits of Xtreamforex

• The company offers the segregated account to individuals that keep their money safe!
• Negative balance protection is the major highlight of the brand.
• The brand has collaborated with top banks that give them the funds they need.
• The company is supportive of Meta Trader 4 & 5.
• You only need to get $5 to trade.
• People from any nation can trade on this platform.
• You can learn via educational blogs, videos, seminars and live sessions conducted by pro traders that easily lift up your trading knowledge.

  2.  IG

The company was founded in the year 1974 and is famous for its informed application style that helps clients focus on the platform to get income opportunities. With IG, you get to enjoy the excellent trading packages and research tools that comprise industry education and competitive pricing. Thus, you have a fantastic set of all-round experiences that makes IG the best broker. One of the top forex brokers in the world, IG has the following benefits for traders:

The Benefits of IG

• The brand provides a variety of services.
• Only US people can trade with this platform.
• The company is backed up by the “Financial Conduct Authority of the UK” and the “Commodity Futures Trading Commission”.
• The corporation gives great focus on research and education.
• Never compromise on the E.U. and UK clients.

3. CMC

CMC Markets is another brand that became famous from the year 1989 and is one of the top forex brokers in the world. It’s a highly traded United Kingdom broker and is listed on the London stock exchange with the symbol of CMCX. However, the platform is not for the US traders that may be a matter of concern for many people, especially from the United States. The site is verified from Financial Conduct Authority of the UK, just like the IG.

Benefits of CMC

• Focus is given to the Education and financial sector.
• Protection of client payments is done with the platform.
• Yearly research is done by the organization.
• You can trade with even low as 0 dollars.

4. London Capital Group           

The group was founded in the year 1996 and since then it has been a major reason for putting a smile on the faces of individuals because of its access to broad selection in CFD trading and spread betting. It’s a famous group that is a multi-asset trading platform that gives you the knowledge of the financial markets. The group shows the comprehensive set of market data that can be used for planning the online marketing strategies. With this platform, you can easily trade with any asset ranging up to 7000 instruments across 9 asset classes. Popular instruments like Forex, Indices, Futures, Bonds, Spot Metals, and Stocks can be traded using it on any web browser.

Benefits of London Capital Group

• The group is best for beginner traders as a standard account that involves no deposit, whereas the ECN account requires $10,000 deposits.
• You can easily customize the interface with one tap trading feature.
• Trade from top web browsers.
• You can easily trade in any location.

5. Etoro

Etoro came into the limelight in the year 2007 with its tier 1 and 2 jurisdictions that make it safe for forex trading and CFD. The platform is a great pick for those who are looking for the copy trading feature, as this uses a user-friendly web platform and mobile app that makes it great for beginners. However, the platform may be too pricey for many traders.

Benefits of Etoro

• VIP club membership is given to individuals maintaining the balance of $5k to $250k.
• You can be a part of its popular investor program that ranges from cadet to elite levels.
• Enjoy free insurance for up to 1M of deposits into your trading account, especially for currencies like Euro/GBP/AUD.
• The brand has a community of over 20M.

6. XTB

XTB is one of the largest stock exchanges, which are an authenticated Forex and CFD broker in the world. With 15 years of experience in the market, the association concentrates on bringing the real technological advances in the market and offers you the latest trends and solutions. The association is handled by FCA, KNF, CySEC and IFSC.

Benefits of XTB

• The company support giving educational materials, videos and webinars for boosting the knowledge of beginner and advanced traders.
• Regulated by the world’s best supervision authorities.
• Award-winning platform.
• Reliable and fast support.
• Over 2100 instruments.

7. Pepper-stone

The year was 2010 when these top forex brokers in the world were introduced in the market. The site has its origin from Australia. Just like any other portal, it’s also a full-featured trading portal and focuses on the forex, shares, metals, commodities, indices and cryptocurrencies. If you want to have a low-cost platform that has a distinct set of user interfaces and great customer support, then just see the site of Pepper-stone.

Benefits of Peppertstone

• The platform has low FX spreads
• The brand is regulated by the FCA of the UK.
• This offers the UK client protection plans.

Final Take

Trading is in demand now a day because a lot of traders are trying their hands on it. More and more trading platforms are coming in the present era and all of them are good and have the potential to grow higher in success rates. However, it’s up to you whether you want to go with a new or an old platform. Make sure you learn the deep aspects of it. Though the programs are highly competitive and promising, you can consistently try out one of the top forex brokers in the world mentioned in the blog. Every trading platform offers some unique aspects!