Dukascopy Swiss Forex Group continues to establish the worldwide industry standard for interbank Forex trading by combining access to the Swiss Foreign Exchange Marketplace with an upgraded trading platform and robust Forex Brokerage services through its banking relationships.

Dukascopy Swiss Forex Group offers access to the SWFX – Swiss FX Marketplace, which is a leading electronic communication network (ECN) for forex trading. The marketplace provides liquidity from a wide range of banks and financial institutions, resulting in tight spreads and deep liquidity for traders. This makes it an ideal platform for active traders, hedge funds, banks, and professionals looking for fast and reliable access to the forex markets.

The Dukascopy trading platform offers advanced charting capabilities, customizable indicators, and a range of order types, including market, limit, stop, and trailing stop orders. The platform is also available in a mobile version for traders who need to access the markets on the go.

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As a reputable multi-asset broker, XTB provides exceptional customer service, a large selection of forex and CFDs, and a great trading environment. Because of the innovative features and well-designed xStation 5 trading platform, as well as the thorough educational materials and research provided by XTB, the broker was awarded Best in Class for Research in 2023.
A tier-1 regulator, three tier-2 regulators, and one tier-3 regulator have all given their approval to the publicly traded company XTB. The Financial Conduct Authority (FCA), a tier-1 regulator, has granted XTB authorization.

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FXCC, which is regulated by CySEC, gives clients access to a liquid Forex model (ECN). All of its clients have equal access, and all deals are completed instantly, with no delays or re-quotes. The broker does not take the opposite side of deals, which sets it apart from Dealing Desk brokers. Client orders, stops, limits, and trades are conducted with third parties, indicating that FXCC is firmly on the client’s side.

This broker offers a lot to offer its users, such as favorable trading conditions, training materials, and access to the MetaTrader 4 platform. FXCC offers reasonable forex spreads and transparent pricing, and this No Dealing Desk broker permits any form of trade strategy (as detailed further down).

FXCC’s most popular trading account, the “ECN XL Account,” with changeable spreads starting at 0.0 pips and a maximum leverage of 1:500 depending on regulation. This broker will appeal to Islamic traders since it offers a swap-free account. Overall, FXCC is a fantastic broker. Though every broker has advantages and disadvantages, the advantages significantly favor this trading hub.

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SimpleFX is a CFD broker that offers a wide variety of trading instruments, including currency pairs, cryptocurrency pairs, indices, equities, and commodities. The broker also provides a range of deposit options, including five cryptocurrencies and fifteen fiat currencies, and no minimum deposit requirement. With leverage up to 1:500 and spreads starting from 0.1, SimpleFX offers flexibility and availability for traders who want to trade 24/7/365.

The broker also ensures the security of its clients through negative balance protection, secure deposit methods, and client segregated accounts. SimpleFX has a global trading community with fellow traders from over 130 countries, a live shoutbox for instant opinion sharing, and chart sharing directly into shoutbox and social media.

In addition to trading, SimpleFX has an advanced affiliate program that offers marketing tools, extensive statistics, and advanced analytics for expanding the affiliate network. The affiliate program offers up to 50% of the trading spread of referrals, and the benefits are scalable and lifelong.

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Tickmill is a standard MetaTrader broker with a small offering of tradeable securities. Through its VIP and Pro accounts, Tickmill does provide commission-based pricing for professionals.

Tickmill does not run a bank and is not a publicly traded company. One tier-1 regulator (high trust), two tier-2 regulators, and none tier-3 regulators have approved Tickmill. The Financial Conduct Authority (FCA), a tier-1 regulator, has granted Tickmill authorization.

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As a rising star among CFD forex brokers, NBH Markets has quickly gained the attention of traders all over the world since its establishment in 2018. A quick STP order processing model, platforms like MetaTrader 4 and MetaTrader 5, a wide range of tools and analysis, as well as a variety of account types that clients can use to participate in international markets using leverage, are the foundation of NBH Markets. 

More emphasis is placed on gold and other precious metals than other instruments, and traders are even urged to withdraw in bullion if they would rather. This unique broker is registered in St. Vincent & the Grenadines and offers major indices and forex pairs at low starting spreads.

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AAFXTrading is a well-known broker that has impressed the financial sector since its establishment in 2014 and can support its double-digit annual growth rate.a brand that won the Best Asian Broker award in 2016 and has well over 100,000 traders as members. Traders value AAFX for its compliant custody over their funds and information, a wealth of trading tools hosted on the MT4 platform, and a vast library of educational resources as much as they do for its distinctive deposit bonuses and trading conditions. AAFX is based in St. Vincent and the Grenadines and is governed by the territory’s Financial Services Agency.

AAFX is equipped to serve a growing global market of traders who want to take advantage of some of the highest leverage available along with a wide variety of tradeable instruments by offering its products in more than 20 languages. AAFX traders attest to low spreads in a setting of their choosing, including on currency pairs and cryptocurrencies as well as stocks, indices, and commodities, as both fixed and variable spreads accounts are offered. Given its superior combination of products and services, AAFX is one of the most accessible brokers available, with no commissions and a low minimum deposit.

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OctaFX was established in 2011 and is a member of a group of international companies that also includes Octa Markets Incorporated (Saint Vincent and the Grenadines) and Octa Markets Cyprus Ltd (Cyprus). When funding with a Visa or MasterCard, the minimum deposit amount at OctaFX is only $25. It offers 229 tradeable symbols.

In my three-year evaluation of OctaFX on ForexBrokers.com, I discovered that in addition to its proprietary web and social copy-trading platforms, OctaFX provides a basic, affordable MetaTrader platform experience.

It has made significant progress in terms of the pricing options available to traders, but struggles with a small selection of tradeable instruments and a dearth of variety in its educational materials. Only one regulatory license is held by OctaFX.

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FxPro is a competitive MetaTrader broker that offers multiple account options and various execution methods, as well as its own proprietary FxPro Edge app. While access to the BnkPro app is not yet available in all regions, it is a useful tool for traders. However, the primary drawback of FxPro is its higher-than-average pricing, which can make it less competitive compared to other low-cost forex brokers. This is an important consideration for traders who are cost-conscious and want to maximize their profits.

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