Popular Forex Brokers

Which Regulated Brokers are the Best for Day Trading?

The best online brokers are always licensed and regulated by your local governments financial regulator. Sadly, Many day traders make the mistake of using an offshore broker that is not licensed, and that is why they can’t withdraw their money.

New day traders get confused because there are hundreds of brokers to choose from. This website has reviews of more than 900 Forex, Stock, Crypto and Option brokers.

Best Regulated Brokers

Pepperstone Trading Apps

Pepperstone is a popular international Forex & Crypto CFD broker, offering the tightest spreads on many assets. You will find that they are a favorite among experienced day traders.

Apple users can now get their advanced cTrader trading app, which is available on the App Store. Pepperstone also offers direct integration of TradingView charts, see here.

Register here for a Free Demo Account.

AvaTrade Logo 2024

AvaTrade is a global broker, that is licensed and regulated in many countries, including; Australia, South Africa and Europe.

They are popular because of the trading apps they offer. Apple users enjoy their intuitive AvaTradeGo app. You will also see that they offer Social Trading, and Options trading.

Try a Free Demo Account at: AvaTrade.com.

Best CFD Broker

ForTrade are the most popular brokers among our readers, because of their unique trading platforms.

Their trading app is available on iOS or Android, and they offer a web-based version with free trading signals. ForTrade is a globally licensed & regulated broker, read more.

Signup here for a Free Demo Account.

Australia Broker

Fusion Markets is an Australian broker, regulated by ASIC, offering low priced commissions, see here.

Fusion offers you a full list of assets for trading including; US Shares, Oil, Gold, Crypto and Forex. You can use either MT4 or MT5 trading apps.

Their spreads on Crypto CFD’s are super tight!

Signup here for a Free Demo Account.

CMTrading Brokers Logo 2019

CMTrading is the largest CFD broker in Africa, offering a variety of trading apps, see here.

CMTrading is licensed & regulated by the FSCA in South Africa & the FSA in Seychelles. Their COOMA social trading app is popular among their traders, and good for newbie investors.

Register here for a Free Demo Account.

The Best Brokers are Regulated!

A Scam Broker uses many tricks and gimmicks, to give the impression that they are legitimate. Most brokers that you find via Facebook & Instagram, are unregulated offshore companies, and they are scams. If you watched a video about an amazing trading app which makes big money, just know that it is a proven scam, read why.

A local online broker, offers you tighter spreads on currency pairs of your home country. For example, Australian brokers offer tighter spreads on the Australian Dollar, versus brokers in the United Kingdom, which have tighter spreads on the British Pound.

Day Traders and Investors will enjoy many benefits, by using a local regulated broker. Added security and insurance is provided by your governments regulator, and a local broker offers you better connectivity and trading conditions.

Investors can easily to determine the difference between brokers, by verifying the brokerage firms license. Learn how to detect a fake online broker by reading the article: How to Detect an Investment Scam.

FACT: 90% of People Lose Money Trading!

Only Invest With A Licensed & Regulated Broker.