NAGA is a German-based online trading platform and social network for traders and investors. It was founded in 2015 and offers access to a wide range of financial instruments, including forex, stocks, cryptocurrencies, and commodities. Broker provides a user-friendly trading platform that is available in both web and mobile versions. The platform’s social network feature is an excellent tool for traders who wish to connect with other traders and learn from their trading strategies.

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Vantage adds support for a variety of social trading platforms, Trading Central-powered content, and a custom mobile app to its suite of MetaTrader platforms. Vantage, however, lags behind industry leaders in crucial fields like research and education.

Vantage, formerly known as Vantage FX and founded in 2009 as MXT Global, is now a part of Vantage Global Prime Pty Ltd. The Australian Securities and Investment Commission (ASIC) has granted the Vantage brand an Australian Financial Services License (AFSL).

For institutional clients, the group also has a unit governed by the Financial Conduct Authority (FCA) in the United Kingdom under the name Vantage Global Prime LLP. Additionally, Vantage has a unit that is recognized as having regulatory status by the Vanuatu Financial Services Commission (VFSC) and the Cayman Islands Monetary Authority (CIMA).

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FXCM is a well-established forex and CFD broker that has been in operation for over two decades. The company offers a range of trading instruments, including forex, commodities, indices, cryptocurrencies, and shares, and provides clients with access to a range of trading platforms, including MetaTrader 4, Trading Station, and NinjaTrader.

FXCM is regulated by several reputable financial regulatory authorities, including the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), and the Financial Sector Conduct Authority (FSCA) in South Africa. These regulatory bodies ensure that the company operates with transparency and fairness, and clients’ funds are protected.

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The innovative platform suite from Trade Nation is well-designed and simple to use, making it ideal for newcomer forex and CFD traders. But if you’re an experienced trader, you might discover that Trade Nation is missing some of the best trading platforms’ most sophisticated features.
Trade Nation does not run a bank and is not a publicly traded company. Three tiers of regulators—two at the top, one at the second, and one at the third—have approved Trade Nation. Tier-1 regulators Australian Securities & Investment Commission (ASIC) and Financial Conduct Authority (FCA) have granted Trade Nation authorization.

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eToro is a multi-asset trading platform founded in 2007, regulated by high trust regulators ASIC and FCA, and authorized by a tier-2 regulator. It offers a user-friendly web platform and mobile app, with over 3,000 tradable symbols including CFDs, forex, and exchange-traded securities. eToro is known for its social copy trading and cryptocurrency trading capabilities, and offers VIP-style perks for higher tier clients. However, pricing for forex and CFD trading is considered slightly higher than competitors, and automated trading strategies are not supported.

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Skilling is a CySEC and FSA-regulated broker. This registered broker is a market leader for traders seeking access to over 800 assets, including Forex, Shares, Indices, Commodities, and others. Skilling provides competitive spreads beginning at 0.1 pip, and its platforms include the proprietary Skilling Trader, as well as cTrader and MetaTrader 4.

Its customer service complements its straightforward, user-friendly trading experience. There is a full “Help Centre” with FAQs and contact information for the broker. It is simple to open a Skilling account. You join up, then go through an ID verification procedure before you can start trading.

Skilling accepts several payment options, including Visa, Mastercard, Neteller, AstroPay, Skrill, and others. Traders who want to sample Skilling before trading with real money will appreciate the broker’s free demo account, which allows you to test Skilling before committing. This review will go through the primary aspects of Skilling.

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Since its founding in 2005, MultiBank Group has grown to over 600 employees across the globe. The broker is well-capitalized, according to the MultiBank Group website, with more than $322 million in paid-up capital.

The group offers services to over 320,000 customers through its various businesses, which include MultiBank Group brands like MEX Exchange, which is governed by ASIC, MEX Global Markets, which is governed by MAS in Singapore, MultiBank FX International, which is governed by FSC in the British Virgin Islands, and MEX Atlantic, which is governed by CIMA in the Cayman Islands.

MultiBank is a multi-asset broker that provides access to underlying crypto assets through its licensed cryptocurrency exchange as well as forex and CFDs through the MetaTrader and cTrader platform suites (although not all markets are immediately available).

On the down side, MultiBank’s performance in these crucial categories lowers its overall rating because its market research offering is unimpressive and its educational content is scant.

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HFM (HF Markets) is a brokerage firm that offers a range of trading services, including a proprietary copy trading platform, HFcopy, and a good selection of over 1,000 CFDs and 47 forex pairs. They provide in-house market analysis, third-party research content, and news. While their trading costs are slightly above the industry average, they offer Premium Trader Tools, developed by FX Blue Labs, which enhance the default MetaTrader suite. HFM has a mobile app that supports trading of 1,200 markets and recently introduced the ability for traders to earn interest on their unused margin.

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ACY Securities is an Australian-based online broker that was founded in 2013. The company is regulated by the Australian Securities and Investments Commission (ASIC) and offers trading services in forex, commodities, indices, and cryptocurrencies.

One of the standout features of ACY Securities is their commitment to providing clients with a high level of customer service. The company has won numerous awards for their customer service, including the 2020 ADVFN International Financial Awards for Best Customer Service and Best Forex Broker.

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BDSwiss is a forex and CFD broker that offers a range of trading platforms, including the full MetaTrader suite and its own proprietary mobile and web-based platforms. The broker caters to over 1.6 million registered traders and provides access to over 1,000 tradable symbols. BDSwiss is known for its good order execution statistics, quality research, and customer support services. However, it is worth noting that the broker is authorized by one tier-2 regulator and one tier-3 regulator, and its spreads may be higher than industry leaders.

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