Forex is one of the largest, active, and popular foreign exchange markets in the world. But to find out the best forex broker, you need to know some features and benefits of them and make sure about your choices. Both beginners and experienced traders need to know some basic details of the forex brokers. You need to know the overall trading experience, fees, customer support, trading platform, and also trustworthiness.
So, after doing so many researches, these are top FOREX BROKERS BY VOLUME. They are the BIGGEST BROKERS IN THE WORLD as per the regular transactions.
Forex brokers by volume Table:
In this Table below are biggest forex brokers in the world – the largest fx brokers by volume. This is biggest retail forex brokers list:
|Average Volume of Daily Transactions in Billion USD||Broker|
Here are the short review and list of the biggest brokers in the world – Forex Brokers by Volume:
1. XM GROUP:
This particular forex broker is one of the best in the trade market. They can offer you a large selection list of assets. You can select anyone from their large selection. They can deliver with the low speed all across the large market of forex. The owner of this particular group is Trading Point Financial Instrument Limited. This group was established in the year 2009. They have their headquarters in international places such as London, Belize, and Sydney as well.
They can accommodate every level of a trader with their XM zero account feature. They offer three different types of accounts to the traders. These are such as follows:
LIVE ACCOUNTS OF TRADING:
The traders from Australia can get so many benefits and advantages from the low account of XM. They can get a chance to deposit a minimum of $50. For the traders of the EU, they offer the zero account. Apart from this, the traders who are not from the EU and Australia, they can also take the benefits of XM account.
DEMO TYPE ACCOUNT:
XM group can also offer the benefits of a demo type account. The starting balance of this account is $100,000.
ISLAMIC PEOPLE ACCOUNT:
The people or traders who are Islamic or have the faith in Islam, they can also open the account with XM group.
* MX Group is one of the major and largest trading platforms.
* They can offer MT4 and MT5 to all their traders.
* This forex broker is directed by the top bodies of the regulation system.
* They can also offer the best packages for beginners and new forex traders.
* They can offer 57 different currency pairs, metals and cryptocurrencies and as well.
* This group cannot be used by US citizens just for some strict regulations.
* They can only offer MetaTrader trading platforms.
They do not reveal the whereabouts of their clients. They are very strict in this matter. They use a large range of helpful platforms and tools for an easy and uninterrupted trading process. This forex broker is an authorized one and it is directed by an eminent Government agency as well.
Oanda is a low-risk platform in the trading market. So, beginners can trust them fully. Oanda can offer a broad range of research for the traders of the forex market. They have their clients all over 196 countries.
* You can get premium content.
* You can get so much well researches as well.
* You can start funding via an upgraded mobile application. It is very simple and easy.
* It is best for casual investors.
* They have a small list of tradable products.
It is a very popular and reliable forex broker. They can offer a variety range of tradable assets. They use so many varieties of tools and equipment. Through these tools, they can help te beginners and experienced traders as well. You can get competitive bonuses and rewards as well.
* They can offer their clients a variety of tradable assets.
* They have attractive and lucrative spreads as well.
* They are active in so many countries.
* They can offer bonuses and rewards for non-EU customers.
* They cannot accept the traders from the United States due to some regulatory issues.
It is one of the reputed forex brokers. This platform can offer so many benefits to the clients. They can offer a wide range of variety of assets. So, the clients will get so many options here. They can also offer unique and new options for forex trading.
You can use this forex broker platform through your mobile application. It is user-friendly as well. You can also get extensive support via email, phone, and live chats.
* They can offer so many varieties of financial tools.
* They have lucrative spreads as well.
* This is very much popular among the various jurisdictions.
* You can get the chance of a low amount of deposit.
* The clients can get excellent bonuses and rewards as well.
* It cannot accept the customers from the US.
It is one of the popular and largest forex brokers in the world. It is a reliable and trustworthy platform. They have so many clients all across the world.
* This is very much popular among all jurisdictions.
* You can get the benefits of over 150 financial tools and instruments.
* Cryptocurrencies, CFD is available with them.
* Best broker for the newbies.
* There is no proprietary trading platform.
* Does not accept US customers.
6. IC MARKETS:
It was established in the year 2007 in Sydney. It is directed by the Australian investment Commission. They offer suitable benefits and features for both the newbies and experienced traders. It is a perfect choice for high volume customers and traders.
* They can offer so many types of trading options.
* You can get all-time support from them.
* For the newbies, they have so many educational videos and testimonials.
* Beginners may get confused due to so many varieties.
7. ADMIRAL MARKETS:
They can accept customers from all over the world. They are authorized by the Governments. They are a good choice for both experienced and new traders.
* They are reliable.
* They can teach new traders with educational tips.
* They are directed by strict Government rules.
* They cannot accept clients from the US.
This is one of the BIGGEST BROKERS IN THE WORLD. This was established in the year 1999. You can get over 80 currency pairs with them.
* They can give you negative balance safety.
* They have a stop loss facility.
* They can offer STP.
* No such cons.
So, these are top FOREX BROKERS BY VOLUME. You can select the right broker as per your choice.