FXScouts has been the UK’s most trusted Forex broker review site since 2019. Our team has written 100+ broker reviews and we constantly test to maintain accuracy. was created in 2016 and has offices in London, Cyprus, and Gibraltar. That’s why we’re committed to complete transparency about the costs you may incur. Spreads, commissions, and rollovers are all detailed on our dedicated page. Check out our handy platform comparison table which will show you all the differences. Join the Active Trader program to enjoy waived bank fees for your wire transfers.

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Unlike FXCM, which caters to all retail traders and institutions, FXCM Micro is clearly geared towards the new forex trader. FXCM Broker is one of the pioneer brokers in the foreign exchange market.

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Still, if the accounts are registered in the European Union, a regulation applies that imposes a legal maximum of 30 to 1. is an international broker operating from subsidiaries located in the UK, Cyprus, and Belarus. It has more than 360,000 traders and has processed over $13 billion in volume.

  • FXCM has been offering investment services to both private and institutional clients for more than several years.
  • FXCM Broker is one of the pioneer brokers in the foreign exchange market.
  • TradingView offers an extensive knowledge base of interactive drop-down and hover-over information pods across the website.
  • Tradovate features a community component where traders may connect and share trading ideas.
  • Swissquote provides 2 different live trading accounts, Standard, Premium, and Prime.

There are 12 different alert conditions that can be applied to indicators or drawing tools. You can create simple charts to track one or two instruments, or complex, dynamic charts that map different instruments and indicators. Its free account provides basic charting, research and analysis for those who are new to trading. PROSCONSEasy monitoring of trading activitiesFiat deposits accepted only via wire transfersAccepts deposits in crypto and fiat currenciesTrading fees are high. Since 2020, Global Prime has operated as an online forex broker as a subsidiary of the GT Group.

Usdchf Forex Technical Analysis For 9 June 2022 By Scorpion Fx

Rest assured that TradingView only works with top-tier brokers, so you know that your trading experience will be smooth and hassle-free. The Razor Account let you trade with raw interbank spreads with a small commission from $7 per round lot.

As a result, they cannot be used or seized in the event of the company’s bankruptcy. Elected by TradingView as the Best Forex Broker and the most popular one of the year 2020, OANDA is one of the brokers with the most extended history and prestige in Forex. OANDA is a broker and a well-known company forex trading view that offers solutions for other companies and currency conversion. Hey traders, EURUSD keeps trading within a major falling channel. After a recent test of its resistance recently, the pair was nicely rejected. I believe that the fall will resume quite soon and we will see a test of a current low.

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The dashboard is nicely laid out, there is a lot of data explore on platform. The application TradingView is designed to be easy to use, with a simple layout that’s easy to navigate. The apps are designed to easy to use with any device, so traders can trade anywhere they want. It has many tools that are easy to use, such as the indicators tab, sentiment tab, portfolios tab, and alerts tab. The indicators tab has the tools that are most commonly used by traders. The portfolios tab is where you can create your own portfolio, track your portfolio’s performance, and view the performance of portfolios that others have created. The alerts tab can used to create alerts for certain stocks or events.

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Traders can open live accounts with a $100 minimum deposit via internet banking. TradingView offers a variety of help options including an FAQ section, knowledge base. Has 24/7 customer support that can be accessed in a variety of ways. They have a support page that offers different ways to contact them, including phone, live chat, email. Product download TradingView for Windows has a very knowledgeable and responsive support team that is available 24/7. They have a FAQ page and a YouTube channel that has tutorials and videos on how to use TradingView.

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There is a risk of loss in trading foreign currencies and it is not suitable for everyone. We are compensated for our services through the bid-ask spread. The content on forex trading view this site should not be considered investment advice. Contracts for Difference (“CFDs”) are leveraged products and carry a significant risk of loss to your capital.

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