CMC Markets Logo CMC Markets – 4.5 Stars
52 Ways To Avoid TOP BEST FOREX BROKERS,CMC Markets finished #1 for Commission & Fees as well as Active Trading and provides traders access to the most currency pairs of any fx broker.Forex.Com Logo Forex.Com – 4.5 Stars
52 Ways To Avoid TOP BEST FOREX BROKERS,FOREX.com earned 4.5 stars Overall and finished Best in Class in seven main categories. The firm’s parent company, GAIN Capital, remains one of the largest forex brokers in the United States and caters to global forex traders of all experience levels.Interactive Brokers Logo Interactive Brokers – 4.5 Stars
Forex spreads, commissions, and overall trading costs: For forex trading, spreads and any round-turn commissions will make up the all-in cost to complete (open/close) each trade. The same generally applies to CFDs, in terms of bid/ask spreads plus any per trade commission. See section, “Lowest Trading Costs” below.Order Execution:
52 Ways To Avoid TOP BEST FOREX BROKERS
Available execution methods can depend on whether the broker is a principal dealer acting as a market-maker, and/or if they are an agency-only broker relying on third-party dealers (liquidity providers). Other execution methods, policies, conditions, or available order types can vary (including premium or free trade protection tools such as guaranteed stop-loss orders, fill-or-kill or fill with within a maximum deviation range) can vary from broker to broker.
Forex trading costs are not easy to break down. Reasons why trading costs can be impacted: bid/ask spreads can vary across venues (because forex is decentralized), forex spreads may be either fixed or variable (floating), and variable spreads may widen or narrow (vary) at different rates across brokers.