How To Choose The Best International Forex Broker?

There are some great brokers that are regulated under the CySEC and FCA umbrella, but some of them offer services only in specific countries. The best international forex broker will be the one that can accommodate your trading needs while being regulated in your country. If you are based in a European country, it may be best to choose a broker from the UK or Germany.

What’s About International Brokers?

A regulated broker will be more trustworthy and reliable. It is also more likely to honor its promises. It must promptly disburse funds to clients and operate within the law. Traders Union experts recommend choosing a broker that is regulated by a country with a strong legal culture. Brokers that operate offshore have no regulatory oversight and are generally less reliable. 

The best international broker should be regulated by the UK’s Financial Conduct Authority (FCA) and in Cyprus by CySec. This means that the broker is a UK-based company that offers services to clients all over Europe. Its trading platform offers 0 pip spreads and a huge range of CFDs. There are more than 40 forex pairs to choose from, including cryptocurrencies. Other CFDs include a couple dozen metals, several dozen commodities, and over 4,000 stocks and indices.

IC Markets Review—Why To Check? 

A thorough IC Markets Review will show you the pros and cons of this brokerage. This broker offers a variety of tools to traders of all levels. Thousands of customers have reviewed IC Markets without a single complaint. The company is also known for its prompt response to financial and work related concerns. Traders union has verified the reviews to ensure they are accurate. A positive review will increase a broker’s standing, while a negative one will decrease it.

IC Markets has three high-quality trading platforms from which you can execute your trades. The platforms feature a wide range of analytical tools for trading. Traders who want to use automated trading methods will enjoy MetaTrader 4’s 1-click trading solutions and customizations for market depth analysis. 

Although IC Markets does not accept cryptocurrencies, all of its brokers will charge a $20 fee to wire funds to your account. Additionally, the fees for transferring funds are determined by the geographic location of the trader, so you will want to consider that when deciding between a varieties of brokers. If you plan to use an IC Markets account to make trading, you should consider if it offers you sufficient protection for your investments according to the IC Markets Review.

As for the safety and security of customer funds, IC Markets is one of the safest options for trading. The Australian National Bank holds customer balances separate from company funds. In addition, it has the largest liquidity providers involved, which means fast execution of orders with no requotes. The company has offices in Australia and Seychelles, which means you can take advantage of high leverage without being a nervous wreck.

IC Markets is the top choice for day traders, scalpers, and algorithmic traders. The broker’s low latency connectivity, superior liquidity, and excellent user experience are all key components in making this a top-tier brokerage. IC Markets also caters to social traders with three copy trading services and a high-quality educational platform. Lastly, the company is backed by 24-hour customer support. If you are a beginner, IC Markets is a great place to begin.

IC Markets is an Australian ECN broker. They offer raw spreads that are as low as 0.0 pips. Their dark pool liquidity is acquired from various sources. The company also uses dedicated fibre optic cross-connects, so you can be sure that there will be no market manipulation.