The coronavirus pandemic has affected just about every aspect of our life. It has led to countless shutdowns being enforced. It means that it is not possible to visit a forex broker for buying and selling foreign currencies. If you have an ability to predict shifts in foreign currencies exchange rates. Besides, it can be highly rewarding to exchange foreign currencies. As a forex trader you can expect to make serious money. However, if is important that you use the services of the top forex brokers in 2021. The following forex brokers are simply the best.
- XTB Online Trading
One of the best forex brokers that you need to consider during corona shutdowns is XTB Online Trading. It is the best forex broker overall. As the largest exchange-listed foreign exchange broker, they are fully licensed and regulated by different authorities such as the Financial Conduct Authority. You can review https://forex-up.com/broker-reviews/exness-review/exness-raw-spread-account-review/ to understand just how difficult it can be to find the right service. The best thing about XTB is that it offers access to more than 1,500 global markets such as crypto, ETFs, commodities, indices, and forex.
Another great forex broker that has made a name is FXTM. It is a regulated broker service provider that is known for offering the lowest fees. Starting out in 2011, the company is considered to be a low-risk forex broker. Hence, you would not need to worry about anything. The exact fees you will pay depend on the type of FXTM account you want to open. The spread might seem higher. However, you do not have to pay commissions. It makes it a cost-effective option. In fact, you get to boost your earnings by using their platform. There are no deposit fees and inactivity fees are rather reasonable.
If you are a US trader, you need to check out Forex.com. It is a subsidiary of GAIN Capital Holdings. The National Futures Association (NFA) and the Commodities Futures Trading Commission (CFTC) have regulated their operations which makes the service low-risk. The forex broker also offers wide-ranging services. There are plenty of accounts to choose from. Once you have opened an account, the world is your oyster.
- Vantage FX
Next, Vantage FX is a great trading platform that offers a 50 percent deposit bonus to new traders. The Australian-based company is known for its many perks. You can claim deposit bonuses, no deposit fees, and more. Trading costs vary depending on the account type you select. If you are a budget trader, you will find it to be just what you need.
- Ava Trade
Finally, Ava Trade is easily the best forex trading app. Its extensive trading features have catapulted it to new heights. When you go through https://forex-up.com/broker-reviews/prestigeoption-review/, you will know that not every broker is the right option. But, Ava Trade truly excels in every category.
Improve your forex experience with the forex brokers mentioned above. Each of the brokers offers an amazing service. Hence, you should check them out.