Welcome to 55 Forex Brokers!

55 Forex Brokers is the most trusted review website!

Today, there are so many brokers available on the web that it can be hard to find one who is reliable, reputable, and, most importantly, regulated. This is why we are here to help you find a broker you can trust with your personal and financial details. Our goal is to help novice and professional traders alike and provide them with all the relevant information they need to make an informed decision when choosing a perfect broker for their forex trading platform requirements. Our team is experienced and has the right set of skills and knowledge to help traders looking for some guidance when choosing a broker. We know what a trader wants in an ideal broker and on what criteria they judge a broker. We test numerous brokers every day to find whether they can stand on the traders’ expectations or not.

 

Kraken Review

4.6/5
  • Low Fees
  • 24*7 live chat support
  • Global presence
  • Advanced trading options are available
  • The trading interface can be overly complicated for new traders
  • Funding the account can be time consuming

LiteForex Review

4.4/5

Gemini Review

4.2/5

MTrading Review

4.2/5
  • Supreme edition of MT4 available
  • A wide range of currency pairs to choose from
  • Availability of multiple trading tools for market analysis
  • Excellent range of tutorials and other educational resources
  • Free demo account to practice trading
  • Low minimum deposit ($10 only)
  • Only one trading platform (MT4) is available
  • Improvement in regulations could be made
  • Limited trading instruments compared to other brokers
  • Do not accept clients from many countries, including the US and UK

CedarFX Review

4.1/5

SimpleFX Review

4.1/5

LATEST FOREX NEWS

Why Most Traders Prefer To Trade On MT5 Platform?

MetaQuotes’ MT5 platform is an extremely well-known and ...

Forex Trading Made Easy With Trading Calculators

Calculations and mathematics are the two things that ...

LATEST FOREX SIGNALS

BTC/USD –  The Possibility of a Bullish Breakout is There for the Pair

Bullish View Take profit: 30,000Stop loss: 27,500Timeline: 1 ...
AUD/USD

AUD/USD –  The Pair May Go Down to the Lowest Price Level of March

Short Position Sell Stop   : 0.6560 Take ...

 

Boost Your Forex Trading Success With These Powerful Trading Tools

Introduction

Forex trading is a complicated process that requires traders to make informed decisions based on the analysis of markets as well as risk management and optimization of strategy. To assist traders with the right decisions there is a range of sophisticated trading instruments and calculators accessible on the market. These tools allow traders to evaluate the market’s trends, estimate the potential losses and profits, and reduce risk effectively. In this post, we’ll explore the significance of trading tools for forex trading and give an overview of the different kinds of tools that are available in the marketplace.

Explain the importance of Tools for Trading for Forex Trading

Tools for trading are vital to traders because they give useful insights into market trends, help traders make informed choices, and handle risks efficiently. Without the tools, traders will have to rely on their instincts and knowledge alone. This is risky and could cause bad trading decision-making. The tools for trading help traders find profitable opportunities, and control their trading effectively in addition to optimising the effectiveness of their trading strategies. Find Out More

Getting Started with Forex Trading

Introduction

When we imagine bustling markets, thoughts of exchanges brimming with traders yelling buy and sale orders are likely to be the first thoughts that come to mind. However, there’s a second market that is virtual and huge which is larger than stock exchanges in terms of trading volume and volume: it’s the Forex market. It’s short for “foreign exchange” . Forex trading is the most powerful financial instrument in the world with a daily volume surpassing $5 trillion. This guide dives into the complexities of Forex trading and will explain its importance, the mechanics behind it and the potential it can offer traders.

At its heart, Forex trading is the process of purchasing one currency, while selling another. It operates as a decentralised market, which means there’s no Central exchange, or location in which trades are conducted. Instead, everything is conducted electronically which means that businesses, banks and traders playing their part from different parts of the globe which makes it a 24/7 market. Find Out More