Broker review
Welcome to the broker reviews section of SimplyForex.com. Here you will find comprehensive and unbiased reviews of the top online brokers in the industry. Our team of experts have thoroughly evaluated and tested each broker to provide you with the most accurate and up-to-date information. We cover a wide range of criteria such as fees, trading platforms, regulation and customer service. We exclusively feature ONLY regulated and reputable brokers!
- Summary
- pros/cons
Exness is a highly regulated and reliable forex broker that offers traders access to a wide range of markets and assets. With solid regulatory frameworks from multiple authorities, Exness ensures that your trading experience is safe, secure and transparent. With a variety of account options, including those designed for beginners and professional traders, Exness is a popular choice for traders of all experience levels.
Num of instruments offered
200+
Customer support available in
15 languages
Pros
- Heavily regulated
- 24h support
- Possibility for scalping and hedging
Cons
- Not available in EU for retail clients
Trading financial instruments or its derivatives is considered high-risk and can result in significant financial losses. It is important to thoroughly research and understand the risks involved before deciding to trade.
- Summary
- pros/cons
Pepperstone is a regulated online broker founded in 2010 offering forex and CFD trading to clients worldwide. The broker is regulated by several top-tier regulators, providing clients with peace of mind when it comes to security and reliability. With a focus on fast execution, competitive pricing and advanced trading platforms, Pepperstone is a top choice for traders looking to trade the financial markets.
Num of instruments offered
1200+
Customer support available in
6 languages
Pros
- Heavily regulated
- Access to a broad range of trading platforms
- No minimum deposit requirement
- No Inactivity fee
Cons
- Limited promotions
Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Summary
- pros/cons
Regulated by the Cyprus Securities and Exchange Commission (CySEC) and highly reputable in the industry, XM offers various account types to cater to traders of all levels. With competitive fees, fast execution and a transparent fee structure, XM makes trading a wise decision. Dive into our comprehensive review to learn more and understand why XM is the broker you should consider for all your trading needs.
Num of instruments offered
1000+
Customer support available in
30+ languages
Pros
- Bonus up to 5000$
- Free access to Market Research and Signals
- Support in 30+ languages
Cons
- Average Stock Index CFD commissions
- Quite pricey inactivity fee
Trading financial instruments or its derivatives is considered high-risk and can result in significant financial losses. It is important to thoroughly research and understand the risks involved before deciding to trade.
- Summary
- pros/cons
Black Bull Markets is a highly reputable forex broker that provides traders with access to a diverse range of markets and assets. The broker's commitment to regulatory compliance ensures that your trading experience is safe, transparent and secure. With fast execution speeds and 24/7 customer support Black Bull Markets is a top choice for traders looking for a comprehensive and professional trading experience.
Num of instruments offered
2500
Customer support available in
6 languages
Pros
- Extensive educational resources
- No minimum deposit
- 24/7 customer support
Cons
- Withdrawal fee
Trading financial instruments or its derivatives is considered high-risk and can result in significant financial losses. It is important to thoroughly research and understand the risks involved before deciding to trade.