Thinkorswim sits among the top forex brokers in terms of tradable currency pairs. For regulation, it's very important to select a broker you can trust with your money. Within the trading platform, charting should be robust, so we counted the number of drawing tools and total technical indicators made available. You can also subscribe to the data feed for even deeper analysis. Forex News Top-Tier Sources.
Differences Between Forex and Equities
More than 3 languages. Spreads The spread is the difference in pips between the buy price and the sell price. Therefore, the lower the spread the better. The numbers below are the lowest spreads for various instruments. Spreads are dynamic and are for informational purposes only.
If a broker offers variable spreads this means that their spreads will vary depending on trading conditions. A stop loss is an order to sell a security when it reaches a certain price, and is designed to help traders manage risk. Stop losses are not guaranteed. A limit order is an order to buy or sell a security at a specified price or better. Limit orders are not guaranteed. One-click trading is a feature that enables you to place market orders with just one click. It can be particularly useful for news-event traders.
A trailing stop is an order to buy or sell an instrument if it begins to move in an unfavourable direction. Unlike a standard stop loss, a trailing stop automatically adjusts to the current market price of the instrument.
Trailing stop losses are not guaranteed. An expert advisor or 'EA' enables you to automatically copy the trades or follow the instructions of another trader. Direct market access or DMA is a service offered by some brokers that allows you to interact directly with an exchange's order book.
If a broker is a STP Straight Through Processing broker, this means that all orders you place are passed on directly to their liquidity providers. An ECN broker is a broker that uses electronic communications networks ECNs to provide its clients access to other participants in the markets. If a broker is a market maker this means that they will buy and sell securities from their clients at a profitable price. Price alerts are a feature that allows you to trigger SMS or email notifications to yourself when an instrument reaches a specified price.
If a broker allows signal trading this means that you can follow the instructions of other traders and engage in automated trading. They serve customers in over countries and offer a wide range of instruments and platforms including both MT4 and MT5. FOREX offer competitive pricing through its advanced technology and execute your trades fast and at the price you expect or better.
Pricing is simple and easy to understand with no complicated commission structures or small print, you know what you will pay. With a commitment to customer support they offer 24 hour support from 9pm Sun through to 9pm Friday. For more information about trading with AvaTrade, we have put together an indepth AvaTrade review with the pros and cons about this broker. Both brokers offer clients access to the same number of indicators eg, moving averages , And, when it comes to individual category awards, Forex.
There are no results to display, please adjust your filters or reset the Compare Tool. Regulated in Major Hub. Regulated in Emerging Hub. Currency Pairs Total Forex pairs. CFDs - Total Offered. Cryptocurrency traded as actual. Cryptocurrency traded as CFD.
Watchlists - Total Fields. Alerts - Basic Fields. Charting - Trade From Chart. Charts can be saved. Charting - Drawing Tools Total. Charting - Drawings Autosave. Order Type - Trailing Stop. Alerts Delivery - Push Notifications. Charting - Draw Trend Lines. Forex News Top-Tier Sources. Social Sentiment - Currency Pairs. Videos - Beginner Trading Videos. Trade Ideas - Backtesting.