7 Best Forex Brokers to Trade Brexit – News Anyway

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With the Britain leaving the European Union, unprecedented waves of volatility were experienced in the UK markets. While some traders may have shown great concern with such volatility, it encouraged others to harness to the best of their abilities.

However, even though a trader may have the best trading strategy for trading Brexit, one of the crucial requirements for successful trading, is having a broker that delivers the best trading solutions and services to give traders a competitive edge to their trading.

IG is a multi-regulated, reputable broker with offices based in several jurisdictions. IG has been offering its superior trading services since 1974 and, as a STP, ECN, and DMA broker, truly offers traders with some of the most competitive trading conditions in the industry.

PROS AND CONS IG

Pros

Strict regulation in multiple jurisdictions Limited account funding methods

More than 16,000 tradable financial instruments

Tight spreads, low commissions, fast trade execution

Cons

Limited account funding methods

CMC MARKETS

CMC Markets is a reputable UK-based Market Maker broker which has been in operation since 1989. Traders are offered with a sophisticated and versatile trading platform, comprehensive analysis, trading tools, and a variety of educational materials.

PROS AND CONS CMC MARKETS

Pros

Strict regulation

FSCS member

Powerful trading platforms

Cons

US Clients not accepted

Mark-up on spreads

Fixed spreads and copy trading not offered


PEPPERSTONE

Pepperstone is one of the largest online trading brokers which offers traders from around the world with access to global financial markets. With Pepperstone, traders can expect innovative technology, low-cost spreads, low-latency high-speed execution, and award-winning customer service.

PROS AND CONS PEPPERSTONE

Pros

Strict regulation

Negative balance protection offered

Social trading supported

Cons

US Clients not accepted

Fixed spreads not offered


DEGIRO

DEGIRO is a multi-award-winning, multi-regulated broker based in the Netherlands which offers traders with competitive fees and a variety of financial instruments which can be traded.

Traders are also offered with an extensive range of trading tools as well as educational materials.

PROS AND CONS DEGIRO

Pros

Strict regulation

Investor Protection Scheme member

Low and competitive fees

Cons

US Clients not accepted

Limited payment methods offered

FXCM

FXCM is a UK-based STP broker which is well-regulated in facilitating the trade of numerous financial instruments across several asset classes. With FXCM, traders have access to powerful trading platforms, fast trade execution speeds, and competitive trading conditions.

PROS AND CONS FXCM

Pros

Strict regulation

Multiple powerful trading platforms

Social trading supported

Cons

Ukraine, Turkey, Russia, and several other countries not accepted

Not the tightest spreads

SWISSQUOTE

Swissquote is a reputable STP broker with multi-regulation in several jurisdictions, facilitating the trade of a wide variety of financial instruments. Traders are offered with tight, variable spreads, zero-commission trading, and more.


PROS AND CONS SWISSQUOTE


Pros

Multi-regulated

Commission-free trading

Competitive spreads


Cons

No US Clients

No fixed spreads

High minimum deposit


ETX CAPITAL

Based in the UK and regulated by the FCA, ETX Capital is a popular and reputable Market Maker broker. Traders have access to more than 5,000 instruments which can be traded through powerful trading platforms.


PROS AND CONS ETX CAPITAL 


Pros

Established and well-regulated

Variety of financial instruments

Multiple payment options

Cons

US, Belgium, Canada, and others not accepted

No social trading

Limited trading tools

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