4 Concise Forex Broker Reviews

• Alpari – Alpari has its headquarters in the Wall Street and its offices are located all over the world. The following are a few pros and cons of this broker, and a rating as well.

Pros – The main benefits arise for holders of Pro accounts because the trades are low in commission. Also, Alpari provides forex trading online, and you get to experience the handy and quick system of one click trading. The research tools provided by Alpari are free. The support works for 24 hours and is also multilingual.

Cons – The holders of Alpari’s standard accounts do not get to enjoy a lot of control in terms of direct market access. Thus, they might experience a lack of control over their earnings.

Rating – 9/10 but meant for people who can handle a Pro account.

Read More About Alpari Review Here:

• Dukascopy – This broker has its headquarters in Geneva and provides efficient global services. The following are a few pros and cons of this broker, and a rating as well.

Pros – This Swiss institution has a lot of credibility to its name and provides custodial or segregated banking services to its customers. It has mainly created its reputation by being exceedingly transparent and fair. Also, it is known for releasing customer’s funds on time.

Cons – The minimum deposit for first time is 100 USD and so, orders that are high in volume can have a long term gain, but this does not work for low volume orders. Also, Dukascopy cannot cater to clients located in the US.

Rating – 9/10. Choose if transparency, reliability and efficiency are your main factors while choosing a broker.

Read More About Dukascopy Review Here.

• ATC Brokers – This forex broker should be preferred by traders who are experienced and are interested in serious trading. The following are a few pros and cons of this broker, and a rating as well.

Pros – The best thing about ATC is their fixed commission rate, which is 40 cent per side for every mini contract and also, for all pairs that are being traded. STP or “Straight Through Processing” is what they follow for order execution.

Cons – The minimum size for trading lots is 10,000, which can be off putting for some traders. Also, these brokers come with varying spreads, which only experienced traders can handle efficiently. The initial deposit is pretty large as well.

Rating – 8/10 and should be the preferred choice for currency trading because of STP order execution.

Read More About ATC Brokers Review Here.

• NetoTrade – The headquarters of NetoTrade are located in London and they have been in existence since 2010. The following are a few pros and cons of this broker, and a rating as well.

Pros – Their pricing is transparent, and the execution of trade is also a top notch. NetoTrade provides advanced tools for trading and excellent market research facilities to their customers. They provide good training, and their spreads are low as well.

Cons – The only serious problem seems to be the lack of guaranteed stop loss in this broker.

Rating – 9/10, and they are open to non UK residents as well.

Read More About NetoTrade Review Here.

Share |