A Forex Trading Platforms List for Beginners

Are you hoping to earn a lucrative income through forex trading? If so, you’re likely stumped with the number of forex trading platforms available. You want to choose one that’s easy to use and can help you place trades within a few seconds.

We’ve prepared this quick guide to help you decide which is the best forex trading app for beginner traders. Make sure you research each forex trading app further before settling on one.

Here’s our forex trading platforms list:

Monex Securities

If you’re interested in international share trading then Monex Securities offers the best solution.

You have zero brokerage fees on trades placed on the US and Hong Kong markets. It’s got access to 12 international markets and offers a brokerage service to help you place trades.

This is a great option for beginners but is also favored by expert traders. Monex Securities is also lauded for its excellent customer service.

This is one of the most popular forex trading platforms in Australia and is likely to continue beating the competition.

IC Markets

This is another Australian forex trading platform that works well for beginners and veteran traders.

It’s regulated by the Australian, Cyprus, and Seychelles authorities so it works well for international investors. It offers three trading accounts based on your investing goals.

It’s got excellent customer service and low brokerage fees. For many services, there’s also commission-free trading. You have a demo account so you can test it out before signing up for the service.

It also offers Islamic swap trading which works great if you’re based in an Islamic country. You also have access to a huge library of training materials.

This makes it a great option if you want to learn about forex trading as you build your portfolio.

XTB

This is a fairly new forex trading platform based in Poland. With XTB, you can invest in foreign currencies, stocks, ETFs, and even cryptocurrencies.

As this platform is based in an EU country, you’ve got the protection of EU regulations. However, this can also put limits on your investments so make sure you read up on regulations before placing trades.

One great advantage of XTB is that commission fees are much lower compared to other platforms. It also offers a demo account so you can test out the platform before using it.

Make sure you also assess their customer service. If you’re based outside of the EU, you want to check if they can help you with compliance.

That’s Our Forex Trading Platforms List

Now you can choose from our forex trading platforms list and begin your journey with forex exchange.

The best option is Monex Securities which gives you access to 12 international markets. You can also cut down on exchange fees in two of the most popular markets, the USA and Hong Kong.

Make sure you look for low fees and built-in brokerage service. You also want to test out the customer service before choosing a forex trading platform.

You can find more tips on foreign exchange on our website!

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