Founded in 1996, Swissquote is publicly-traded (SIX: SQN) and regulated in four tier-1 jurisdictions, making it a safe broker (low-risk) for trading forex and CFDs.
As a forex broker that also operates two banks, Swissquote takes our top award for Best Banking Services.
Swissquote offers the MetaTrader platform suite, along with additional add-ons such as the MetaTrader Master Edition.
Swissquote produces excellent-quality research, including daily market analysis videos, and written articles on its Newsroom section.
Advanced Trader web platform features TradingView charts and has been upgraded to HTML5 for a smoother user experience.
Founded in 2008, Plus500 is publicly traded (LSE: PLUS) and part of the FTSE 250 Index.
Plus500 is regulated in four tier-1 jurisdictions and four tier-2 jurisdictions (learn more about Trust Score).
I found Plus500's user-friendly web-based trading platform to be a solid choice for beginner traders. (Disclosure: A trading platform recommended for beginners does not make it easy to make money. Trading is risky.)
Plus500’s new +Insights analytics tool includes integration of advanced sentiment features from Trading Central and FactSet.
Plus500’s web platform and mobile app feature robust charting, with a consistent experience across devices.
Good range of 2,800 tradeable symbols, which can be traded as CFDs.
Plus500 appears to offer spreads close to the industry average on most of its major forex pairs.
CFD option contracts are available on 24 popular symbols.
Founded in 1996, OANDA is regulated in six tier-1 jurisdictions, making it a safe broker (low-risk) for forex and CFDs trading.
The Market Pulse hub features high-quality research articles and daily analysis updates.
OANDA produces its own podcast series, called
The fxTrade mobile app has a great balance of features and ranks highly for ease of use.
OANDA's offering of research tools, news, and market analysis is excellent.
Social copy trading is available via ZuluTrade (though it requires a $500 deposit).
The TradingView platform is available, alongside several VPS services for MT4 hosting.
OANDA provides multiple options for algorithmic trading, including via API as part of its Algo Labs offering.
Offers physical crypto trading through OANDA's partnership with Paxos (in addition to crypto CFDs where permitted by local regulations).
OANDA recently rebranded its Advanced Trader program to Elite Trader, revising its perks and rebate tiers for high volume traders. thumb_down_off_alt Cons Offers fewer video market updates than its peers. Though the educational material is good, OANDA’s video content is not comprehensive, and mostly takes the form of platform tutorials. OANDA’s spreads are below average, trailing discount leaders CMC Markets and IG by a wide margin. OANDA's fxTrade desktop and web trading platform is good – not great – and trails platform le
Good variety of regulatory licenses across all Trust Score tiers.
Pricing within MultiBank’s ECN account is competitive, despite the high minimum deposit requirement ($5,000).
Offers a proprietary social copy trading platform.
Operates a regulated crypto exchange in Australia, MEX Digital, which offers underlying physical crypto assets for popular cryptocurrencies like Bitcoin.
MEX Atlantic offers indemnity insurance of up to $1,000,000 per customer with Lloyd’s of London and holds a “B” rating with the S&P.
News headlines from Dow Jones Newswire (in MetaTrader) and FXStreet (in cTrader)
Premium Trader Tools, developed by FX Blue Labs, combined with signals via the Autochartist plugin enhance the default MetaTrader suite.
Advanced Insights utilizes big data and AI to deliver sentiment analysis and other research tools.
HFM has struck a good balance of in-house market analysis, third-party research content, and news headlines from FxStreet.
In-house team produces special research reports including monthly, quarterly, and annual outlooks.
Correlation and sentiment data is available on HFM's Traders Board module.
The improved HFM app now supports trading of 1,200 markets.
Recently introduced ability for traders to earn up to 3% interest on the unused margin in their account, as part of their Return on Free Margin (ROFM) offering.
The myHF portal continues to improve with newly added features integrated across key categories.
Offers indemnity insurance (civil liability) of up to five million euros from Lloyds Insurance, valid through June, 23rd 2023.
