As Mellody Hobson stated, “the biggest risk of all is not taking one.”
Despite all the criticisms against Forex trading, regular investors like you can still benefit significantly from the foreign exchange market. Just take the initial step, that’s all.
You’re not alone if you’re experiencing second thoughts about trading and looking for Forex horror stories on Reddit. Educating yourself on the potential dangers and rewards associated with trading foreign exchange is crucial before you take a chance with any online broker.
You won’t need to pretend to be one of Jordan Belfort’s victims as long as you begin trading currencies with a reliable Forex broker. The best Forex brokers provide some level of protection from losing money quickly, even though it’s always possible to lose money when trading.
Our top 9 Forex brokers follow government laws protecting investors from fraudulent trading. Along with thousands of currency markets to peruse, they also advertise low fees, low account funding restrictions, automated trading tactics, and competitive pricing.
However, Public.com was ranked as the top Forex broker overall. They provide fractional share investing for $1, low cryptocurrency commissions, and many other services.
The best Forex Options / Platforms for trading
- com: Top-tier Forex broker
- Internet-based Trading: Leading trustworthy Forex broker
- IG: Best Forex broker for CFD trading
- An excellent trading platform for the variety of the Forex market is Saxo Bank.
- Great for reduced trading costs is XTB
- Plus500: Trustworthy client service
- CMC Markets is a good forex broker for newbies.
- SoFi: The best forex broker for trading robots
- Excellent for US forex trading is Forex.com
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Various Forex Markets
We emphasize foreign exchange systems that offer investors the most number of markets to choose from because we think active traders should have a world of possibilities at their fingertips.
Pricing and Commissions
There are no foreign transaction fees on the best currency exchange markets. Our top-rated trading platforms enable individual investors to keep more of their profits, whether they are trading Forex, CFDs, stocks, ETFs, or cryptocurrencies.
Customer Service
The safest Forex brokers won’t abandon you even though you hope you’ll never need customer care. Any reputable online trading platform makes it simple and convenient to communicate swiftly.
BDSwiss Review 2022
BDSwiss is a well-known, low-risk, regulated market maker and STP broker. More than 1.5 million accounts are registered with BDSwiss, and more than 55 million trades are made annually. The trustworthiness of BDSwiss is 91 out of 100.
Awards
BDSwiss has received positive feedback from the global trading community in addition to multiple industry awards for its effective operations and significant investment in trading technology. BDSwiss received praise and recognition for its superior customer service and trading technology, confirming its sustainable trading conditions and highly praising its Trading App and Trade Execution:
- BEST PARTNERSHIP PROGRAM FOR 2020 BEST MARKET RESEARCH PROVIDER ASIA Global Banking & Finance Awards 2020
- BEST MOBILE TRADING PLATFORM EUROPE FxScouts Awards 2021
- World Finance Awards 2021
- BEST MARKET RESEARCH PROVIDER Global Banking & Finance Awards 2021
- BEST FX RESEARCH & EDUCATION PROVIDER FxScouts Awards
To enable you to confirm this, we will go into further depth in BDSwiss Review.
Is Bdswiss Safe or a Scam
Is BDSwiss a licensed broker?
The Mauritius Financial Services Commission (FSC) has registered BDSwiss operation offices in the Seychelles and Mauritius, both of which are desirable offshore jurisdictions and increase the broker’s ability to provide services to different citizens throughout the world.
However, as we always advise, carefully review the regulations and never sign in with a broker just registered offshore (read more about why avoid trading with offshore brokers).
How Are You Safeguarded?
According to the rule, different measures are taken to ensure client safety, financial security, a safe trading environment, and investors’ adherence to the law. Indeed, you are always protected as long as the broker is subject to legislation.
Conclusion
BDSwiss has over a million customers, according to a review. Stable trade conditions and a global proposition are available. In line with its reputation as a feature-rich online ecosystem, the award-winning BDSwiss trading platform provides both novice and seasoned investors with optimal trading circumstances. There is an account type for every level of trader, whether you prefer to have your money passively managed or have extensive trading knowledge that you’d like to share with others.