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      October 19, 2018

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Forex Trading

  1. Lite Forex
  2. Forex Yard
  3. Oanda
  4. Trade 24

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The foreign exchange (Forex) market deals with the trade of one currency for another. As the largest financial market in the world, the Forex market is comprised of trades between banks, financial markets, currency speculators, institutions, corporations, and governments.

Currently, over three trillion dollars are traded daily (on average) in the global Forex and other related markets. Due to the overwhelming opportunity for financial gain, Foreign Exchange is the fastest growing trading market available today.

Continue reading below reviews

Best Reviews

2018

Forex Trading Reviews

5 stars
Easy Forex

EASY MARKETSTopConsumerReviews.com Best-In-Class Blue Ribbon Award

Easy Markets (formerly Easy Forex) is an online Forex trading platform that lets you to start trading with as little as $100. The website is very thorough, professional, and easy to navigate - even for novice users. Easy Markets also offers many services to help you get the most out of foreign exchange trading. Not only does Easy Markets provide extensive training materials for new Forex traders, they also offer tools for the more advanced trader. For all of these reasons and more, Easy Markets is our top-rated service. Read More... Visit
Site

4.5 stars
Lite Forex

LITE FOREX

If you are just entering the Forex trading market, then Lite Forex might be a good site for you. Designed with the novice Forex trader in mind, Lite Forex will help you ease your way into the Forex trading world, learn professionalism, and gain success. Lite Forex offers a variety of account types and can also appeal to the more experienced Forex trader. However, for additional advanced Forex trading support, you might consider our highest-rated service.
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Site

4 stars
forex Yard

FOREX YARD

Forex Yard is a good website for either professional or novice Forex traders. Forex Yard does not require software downloads, and you can start trading with as little as $100. Additionally, there are not any tailor-made conditions for frequent traders. Forex Yard offers competitive spreads, trailing stop orders, and credit card deposits. If you are new to the Forex trading market, you can take advantage of Forex Yard's free Forex trading course. However, if you are looking for extensive training and instruction, you might consider one of the higher-rated services.
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Site

3.5 stars
Oanda

OANDA

Oanda started its FXTrade Platform in 2001 and has been an industry leader ever since. We were impressed with the professionalism of the website and our ability to find educational information about Forex trading. However, the trading interface is cluttered and somewhat confusing, the charting software that is provided is overly simplistic, and their customer service representatives can be short and downright rude. Therefore, novice Forex traders might consider one of the higher-rated services. Read More... Visit
Site

2.5 stars
Trade 24

TRADE 24

New to the Forex market, Trade 24 is quickly making a name for itself. This UK based company caters to the advanced to professional trader. Their trading platform is sophisticated yet user friendly with many bells and whistles.
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Site

Continued from above

So, how does a person get involved?

First, you have to find a suitable Foreign Exchange trading platform. There are a number of these trading services available, depending on your experience level.

If you're a novice Forex trader, some websites offer extensive training materials that not only cover how to use their Forex trading services, but also information about the Foreign Exchange trading market in general. For more experienced Forex traders, some platforms provide advanced account options that can match your individual trading needs.

When looking at different Forex trading services, there are certain factors you need to consider. Some of these include:

  • Experience. Is the Forex trading platform geared toward novice or more advanced traders?
  • Ease of Use. Is the Forex trading platform easy to use? Can you find information and place orders without much stress?
  • Service. Does the Forex trading platform provide the tools and services you need to begin Forex trading?

TopConsumerReviews.com has reviewed and ranked the best Forex trading platforms available today. We hope these reviews help you find a Forex trading service that meets your needs!

Forex Trading and LegacyFX - A Review of Account Options

LegacyFX is a forex broker that comprises of different forex trading platforms, offering an excellent medium for the trades to trade currencies, commodities, indices, private stocks and metals in a se...

Published:  Tue, 16 Oct 2018 06:12:00 GMT



How to spot a forex trading scam

Brits lose £1.2 billion to investment scams every year, according to data from Action Fraud. Forex (FX) scams, particularly those propagated on social media platforms such as Facebook, contribute sign...

Published:  Wed, 17 Oct 2018 15:00:00 GMT



Forex - Yuan Slips as U.S. Declines to Label China a Currency Manipulator

The Treasury Department declined to label China or any other trading partner of the U.S. as currency manipulators, but added that Beijing and some other countries including Germany, Japan and India ha...

Published:  Wed, 17 Oct 2018 21:20:00 GMT



Trading Forex and Indices with Fibonacci Retracements

I'd like to receive information from Daily FX and IG about trading opportunities and their products and services via email. But don't just read our analysis - put it to the rest. Your forecast comes w...

Published:  Wed, 17 Oct 2018 12:52:00 GMT



Mnangagwa Urged to Cut Central Bank's Role in Illegal Forex Trade

police and politically connected individuals in illegal foreign currency trading and other illicit financial activities in the country.

Published:  Wed, 17 Oct 2018 23:02:00 GMT



A New Portal Dedicated to Forex Trading Kenya Launched!

Forex trading is one of the most lucrative opportunities for making money. However, to tap them, it is important to have an in-detail knowledge for the same. This is now possible for the Kenyans ...

Published:  Mon, 15 Oct 2018 22:32:00 GMT



Video: How do you think about failures in your forex trading

Each forex trade is an experiment that can lead to a failure/loss. Many new traders are not used to failing as many times as will happen in trading forex. That's tough to take for many. How traders th...

Published:  Mon, 15 Oct 2018 11:22:00 GMT



How to Choose a Forex Broker for Online Trading Business

As if there wasn't already enough to learn about forex trading, the forex broker that you choose is probably the biggest trade you are going to make. You are basically surrendering all your trading ca...

Published:  Thu, 18 Oct 2018 04:10:00 GMT



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