8 Best FX Brokers: Recommended For German Day Traders

What’s up Traders, in this article, we’re going to be talking about 8 Best FX (Forex) Brokers That Are Recommended For German Day Traders.

A sizable majority of all Forex traders worldwide are German. It can be difficult to know which brokers to put your hard-earned money with. In this situation, this guide is useful.

A list of the top brokers for German traders to use to execute their trades has been put together after extensive study. My research is based on a variety of important variables, including the company’s product and service.

Choosing the right brokerage company as a German can be challenging. Especially obtaining those that permit investments in your own money, the German Euro, and accept German traders. You’re not alone, so don’t worry.

As a German trader, you can trade Indices, Forex, Stocks, ETFs, CDFs, and some cryptocurrencies like Ethereum and Bitcoin on the finest trading sites we’ve highlighted below.

Also, these brokers offer payment methods that will enable German traders like you to deposit money and quickly withdraw profits. They support the cTrader, MT4, and MT5 trading platforms and offer the lowest fees.

They are reputable, secure, and have a lengthy track record in the forex industry. They also offer the best signup incentives for new traders from Germany.

8 Best Forex Brokers For German Day Traders

IRONFX
PUPRIME
XM
BLACKBULL MARKETS
VANTAGE
AVATRADE
SUPERFOREX
EIGHTCAP

1.IRONFX

The upcoming generation of traders is being trained by IronFX. It is a brand-new online broker that got started with the goal of giving customers access to cutting-edge trading technologies and an exceptional trading experience.

It offers many types of trading accounts as well as commission-free trades with spreads as low as 0.07.

The three most popular accounts that the broker offers are platinum, gold, and silver. Additionally, it provides an Islamic swap-free account and a trial account for beginners. The maximum leverage available to investors is 1:1000.

With a broad range of trading goods, the broker enables you to transact in a number of financial marketplaces. The broker offers a wide range of payment options for deposits and withdrawals.

Online multi-asset broker IronFX is primarily recognised for its forex trading services. Users can access the well-known MetaTrader 4 (MT4) trading platform, flexible leverage, and extremely cheap spreads starting at just 0.0 pips once they have registered.

This article will cover every aspect of IronFX’s product, including as special deposit bonuses, practise accounts, and quick deposit and withdrawal options.

Overview of IRONFX

Trading Platform
The Markets
Commissions & Spreads
Leverage
Mobile Apps
Payment Methods
Demo Accounts
Added Value & Promotions
Extraordinary Qualities
Account types
Benefits
Drawbacks
Trade Times
Customer Service
Security
IronFX Conclusion

As a reputable and trustworthy broker, IronFX has established a strong reputation. It has distinguished itself from other brokers with its past and present partnerships with well-known brands including FC Barcelona, the IronFX Racing Yacht team, and the Korean Freediving Team.

More than 1,200,000 people have registered on its trading platforms, which are available in more than 180 countries.

Trading Platform

The trading platform MetaTrader 4 is employed by IronFX. The programme is regarded as among of the best in the business, particularly for FX trading.

It promises simple features and basic portfolio management and is aimed at beginners and intermediates.

Traders can install the platform on desktop computers, including Macs, using the free MT4 download. As an alternative, you can carry out direct trades using WebTrader for MetaTrader.

With your account login information in hand, placing an order is simple, with both pending and instant execution options available.

With nine periods, more than 30 technical indicators, real-time news, and automated trading features, MT4 boasts superior charts.

The MetaTrader Market and Signals, where users may purchase technical indicators, add-ons, and signals for copy trading, can also be used to enhance the MT4 platform.

Additionally, IronFX provides a Personal Multi-Account Manager (PMAM) solution that enables users to simultaneously manage numerous MT4 accounts.

The broker recently introduced TradeCopier, a tool that allows traders to sign up as Strategy Followers, who can copy top-performing strategies and earn rewards, or Strategy Providers, who can get copied and earn a performance fee.

The Markets

Over 300 tradable financial instruments are available from IronFX across:

Forex
Indices
Cryptocurrency
Shares
Metals
Futures
Commodities

Note: I’ll earn a referral fee (No any extra fee for you) if you sign up with them. But they are reliable in my opinion (as of this writing). I always want and find the best for you so that you don’t get into trouble.

Commissions & Spreads

The lowest major spreads for live account types start at 0.7 pip, with 1.2 pip as the daily average. Naturally, spreads do increase during times of high volatility and little trading activity.

As you advance up the account tier structure, spreads get more competitive, with the VIP account providing the best value. Spreads and commission costs are competitive overall.

There are additional trading fees, nevertheless, that you should be aware of. For trading accounts that have been inactive for more than a year, IronFX, for instance, levies a $50 inactivity fee.

Additionally, the broker imposes a sizable fee of 3% of the deposited cash when withdrawal requests are made during inactive times.

Leverage

Flexible leverage up to 1:1000 is available from IronFX. This makes it possible for traders with small capital to take on bigger positions. On the website, you may use a margin calculator to determine how much leverage you have access to.

Be aware that trading using leverage increases both possible gains and losses.

Mobile Apps

For Android, iOS, and Windows mobile devices, there is a mobile app for the MetaTrader 4 trading platform offered by IronFX. The appropriate app stores are where you may get the app. Total trade management benefits mobile users without sacrificing functionality.

The IronFX Research app, which is part of the mobile service, provides users with an overview of the financial markets and significant news stories.

Payment Methods

Deposits
Withdrawals

Customers of IronFX have a variety of withdrawal and deposit options.

Deposits

Bank wire transfer: Maximum deposit varies among banks
Credit & debit cards: Maximum deposit $50,000
Skrill: Maximum deposit $50,000
Neteller: Maximum deposit $50,000
FasaPay: Maximum deposit $5,000
China Union: Maximum deposit CNY 360,000
DotPay: Maximum deposit PLN 200,000
Safecharge: Maximum deposit $70,000
Zotapay: Maximum deposit $10,000
IronFX Card: Maximum PLN $99,000
Perfect Money: Maximum deposit $50,000
Digital Assets: No Maximum

No deposit fees apply (coverage for wire transfer charges for deposits over 10k USD)

Withdrawals

Deposits and withdrawals typically don’t incur any costs.

Options for withdrawal include:

Credit & debit cards
China Union Pay
Digital Assets
Fasapay
Perfect Money
Nether
Skrill
IronFX Card
Bank Transfer

The withdrawal procedure is simple. Go to “Transactions” on the client portal, click “withdraw,” and then follow the on-screen directions.

Depending on the financial provider, withdrawal times can be as soon as today or as far out as seven days. Contact customer service using one of the methods listed below if you are having any issues with your withdrawal.

The minimal bank wire withdrawal is $100. A $55 transaction fee will be applied to withdrawals that are less than $300.

Demo Accounts

For traders to test the platform and refine their techniques, IronFX provides demo accounts. There are two available demo accounts:

Demo Floating Spread
Demo STP/ECN Absolute Zero

The only difference between each demo account and a live account is that virtual currency is used.

Added Value & Promotions

The following welcome bonuses are available to traders who open an account with IronFX:

100% limitless sharing bonus with a $200 minimum deposit.

Up to $4,000 in Power Bonuses with a $500 minimum Deposit.

20 percent Iron Bonus with a minimum $100 deposit, up to $2,000.

Bonuses cannot be revoked, please note. Offers also differ according on the nation you’re registering from.

Finally, be sure to review the terms and conditions of any minimum deposit bonuses when you open an account because they are subject to change.

Get trading with IRONFX in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create IRONFX Account Click Here

Extraordinary Qualities

The Trading School is a service provided by IronFX, and it provides information on establishing a forex trading strategy, e-books, teaching videos, a glossary, and the economic calendar for both professionals and beginners.

The broker also has a sophisticated blog section with a tonne of market-related material.

Additionally useful to traders are the most recent features of Trading Central made available through the Client Portal, as well as trading widgets like a currency converter and profit, margin, and pip calculators.

Account types

At IronFX, there are seven trading accounts available.

Types of live floating and live fixed accounts:

Micro: Spreads for micro accounts begin at 1.8 pip, with a $100 minimum deposit and leverage up to 1:1000 available.

Premium: Spreads begin at 1.6 pips, with a $1,000 minimum deposit and leverage options up to 1:1000.

VIP: Spreads begin at 1.4 pip, the necessary minimum deposit is $10,000, and leverage up to 1:1000 is offered for VIP traders.

Zero Fixed: Leverage is available up to 1:500, spreads begin at zero pip, and a $500 minimum deposit is required.

Types of STP/ECN trading accounts:

No Commission – Spreads begin at 1.7 pips, the minimum deposit is $500, and leverage up to 1:200 is offered with no commission.

Zero Spread – Spreads begin at zero pip, and there is a $500 minimum deposit requirement and a leverage range of 1:200 accessible with zero spread.

Absolute Zero – Spreads at Absolute Zero start at 0.3 pip, with a $500 minimum deposit and leverage options up to 1:200.

Market execution is the main distinction between live floating/live fixed trading accounts and the ECN/STP architecture.

Real accounts employ market execution, which does not require re-quotes, whereas STP/ECN accounts use instant execution with re-quotes.

Additionally, IronFX provides customers with the Cent account, which allows them to start with smaller funds and lot sizes.

Benefits

There are various advantages to joining IronFX:

More than 300 trading products are available to users across several marketplaces, including the currency market.

Reliable trading platform: IronFX provides the potent MetaTrader 4 system, a dependable and well-liked trading environment.

Flexible leverage: Up to 1:1000 is available from IronFX, which is competitive.

Low spreads: minimal spreads Research and customer testimonials indicate that IronFX’s spreads are competitive, which lowers trading expenses.

Multilingual customer support: Is offered by IronFX, a global online broker, in more than 180 countries and in 30 distinct languages.

Drawbacks

The IronFX service has some restrictions:

There is just one trading platform accessible, and while MT4 is the most popular one, some traders may not find it to be suitable for their trading style.

Volume discounts – IronFX does not provide its customers with volume discounts, despite receiving numerous positive evaluations regarding bonuses.

Trade Times

The trading hours at IronFX are always open. Users can trade Monday through Friday from 0:00 to 0:00. IronFX market hours are GMT + 2, with GMT + 3 being used in the summer and during daylight saving time.

Although consumers may be able to trade whenever they choose, it should be noted that spreads are less competitive when there is a lack of liquidity.

Customer Support

The customer service team at IronFX is available round-the-clock in 30 different languages:

Email address : [email protected]

Telephone contact number: +44(0) 203 282 7777

Live Chat: The broker’s website has a chat option in the lower right corner.

FAQs: The FAQs, which are located in the “Contact Us” section, can provide answers to questions on a wide range of subjects, including how to close an account and questions about payments.

Careers: At the bottom of the broker’s website is a link to the Careers portal, which features a list of open positions.

Affiliates: The Affiliates portal is accessible to IronFX partners at the website’s bottom.

You can also discover the broker on social media to stay up to date with the most recent IronFX news:

Facebook
Twitter
Instagram
YouTube
LinkedIn

Security

To protect the privacy of its customers, IronFX employs industry-standard security measures, such as website encryption.

The one-time password for MetaTrader is used by the MT4 trading platform. The implementation of dual-factor platform authentication could increase security.

IRONFX Conclusion

IronFX is a reliable broker for beginners and intermediate traders. They provide a variety of products, the dependable MT4 trading platform, as well as competitive spreads and leverage levels.

The variety of account kinds will also accommodate various trading approaches and capital requirements.

Get trading with IRONFX in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create IRONFX Account Click Here

Questions about IRONFX

Does IRONFX provide protection against negative balances?
Can I cancel a request for an immediate order?
Is MetaTrader 5 available at IRONFX?
At IRONFX, may I employ expert advisors?
Does IRONFX provide welcome bonuses?

Does IRONFX provide protection against negative balances?

Yes, all users of IronFX are provided with negative balance protection. This guarantees that investors lose no more than their initial investment.

Can I cancel a request for an immediate order?

It might not be able to cancel an instant order request if the server has already taken the order and processed it. If this is the case, a pop-up will appear to inform you that your order might not be able to be canceled.

Is MetaTrader 5 available at IRONFX?

The IronFX trading platform does not yet support MetaTrader 5. Customers can use the MetaTrader 4 platform instead. A review of MetaTrader 4 may be found here.

At IRONFX, may I employ expert advisors?

The MetaTrader 4 platform supports Expert Advisors (EAs), making automated trading possible.

Does IRONFX provide welcome bonuses?

When you open a new account at IronFX, welcome incentives are available. Check the current incentives available when you sign up because they do alter over time and differ by country.

Get trading with IRONFX in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create IRONFX Account Click Here

2.PUPRIME

A well-known online broker with over 200 instruments and copy trading is PUPrime. We’ll examine its regulation, account kinds, costs, methods of customer service, and more in our 2022 study. Find out if you should sign up for a real account with PUPrime right now.

PUPRIME Headlines

Trading Platform
Products
Fees
Leverage
Mobile App
PU Social
PUPRIME Payments
Demo Trading
Offers & Promotions
Regulation
Extraordinary Qualities
Live Accounts
Benefits
Drawbacks
Trade Times
Customer Support
Security
PUPRIME Conclusion

Since its establishment in 2015, PUPrime has provided online brokerage services to clients in more than 120 different nations.

Currently, there are about 130,000 live trading accounts, and the company offers multilingual services to meet the needs of its international clientele.

The company employs 200 people who provide customer service around-the-clock from 14 offices across the world.

Because the broker doesn’t use a dealing desk, it may offer better pricing, fewer outages, and a wide range of liquidity.

The Seychelles Financial Services Authority and the Cyprus Securities and Exchange Commission both have authority over and oversee PUPrime.

Trading Platform

Web Trader
MetaTrader 4
MetaTrader 5

The MetaTrader 4 (MT4) and MetaTrader 5 (MT5) terminals are both available from PUPrime. Both are free to download for PC and desktop devices and are widely recognised platforms.

Clients can trade immediately through all popular web browsers without the need to download any additional software because the broker also hosts the Web Trader interface. The platforms’ features are as follows:

Web Trader

Compatible with MAC, Linux, and Windows

3 Sorts of charts
9 Timeframes
Instantaneous trading
Current quotes
24/7 online support
30 Technical indicators
Trustworthy data protection
Sophisticated market depth
Supports all forms of trading operation
Accounting techniques for netting and hedging
For technical analysis, 24 graphical objects

MetaTrader 4

3 Sorts of charts
9 Timeframes
Instantaneous trading
Streaming real-time prices
4 Types of pending orders
24 charting tools for analysis
Instantaneous execution and access
Programming language MQL4
Access to knowledgeable advisors (EAs)
Multilingual, user-friendly interface
More than 50 built-in technical indicators

MetaTrader 5

8 Different order types
21 Timeframes
Instantaneous trading
Current market news
Advanced trading bots
More than 80 integrated technical indicators
Mood and the economic calendar
Decide on take-profit and stop-loss thresholds.
Customizable charts, 100 charts can be viewed at once
There are four sorts of pending orders: pending, stop, and trailing stops.

Products

200+ assets are available to trade on PU Prime’s global markets:

Commodities: Speculate on agricultural products, energy, and precious metals as commodities.

Indices: Trade many international indices, such as the Dow Jones, Nasdaq, and S&P 500.

Forex: 30+ major and minor currency pairs, including EUR/USD and USD/JPY.

Cryptocurrencies: 6 well-known cryptocurrency/USD pairs, including Bitcoin, Ethereum, and Litecoin.

Shares: Trade CFDs on shares of some of the greatest firms in the world, including as Amazon, VISA, Tesla, and IBM.

Fees

Different account types have different fees. With quotes obtained directly from significant liquidity suppliers, the Prime solution offers the narrowest spreads.

Spreads can be zero pip at periods of high liquidity. Major currency pairings including EUR/GBP and USD/CAD were available at 1.9 and 0.4 pip spreads on the Standard and Prime accounts, respectively.

The price of gold was 3 pip instead of 2 pip on the Prime account. The trading platform interface or the broker’s website both contain a complete list of spreads broken down by instrument.

On all trades carried out through the Pacific Union Standard account, no commission is due. The majority of trading instruments inside the Prime account have a $3.50 commission per side.

Although it is encouraging that the broker does not impose an inactivity fee, swap rates do apply to positions held overnight.

Leverage

By initial investment and trade size, PUPrime’s possible leverage varies. The possible leverage is capped at 1:500.

I would advise adopting risk management techniques if using this rate because it is so high.

An investor can control a larger deal size the more leverage is being applied. The availability of leverage is broken down below.

100% margin required – 1:1 leverage available
10% margin required – 1:10 leverage available
2% margin required – 1:50 leverage available
1% margin required – 1:100 leverage available
0.2% margin required – 1:500 leverage available

Mobile App

A brand-new, exclusive mobile app from PUPrime is accessible for free download on iOS and Android devices.

Investors may access all trading capabilities while on the go thanks to the straightforward, user-friendly design and powerful functionality.

Fast execution times, news about the world’s markets, multi-account administration, round-the-clock customer service, and trading reports are all offered.

Both MetaTrader 4 and MetaTrader 5 have mobile apps that may be downloaded. Anywhere you are, you can access the whole trading functionality of the desktop platform, analytical tools, and customizable charts and graphs.

PU Social

In 2022, PUPrime unveiled a custom social trading platform. Customers can track the positions and tactics of the broker’s top traders using the App Store and Google Play.

For more inexperienced traders who want to learn about various assets and trading strategies, this is an especially alluring offer.

PU provides a wealth of information, such as information on monthly returns and markets traded, to assist newcomers in finding the best Master Trader for their needs.

The flexibility of trading parameters, such as position sizes and live order modifications, is also maintained by traders.

The PU Social application can offer a second source of income for experienced traders. Master Traders have the option of charging a commission on successful transactions or a subscription fee.

To get started, investors only need to have a live account and download the broker’s copy trading app from the appropriate app store.

PUPRIME Payments

Deposits
Withdrawals

Deposits

Prime offers traders a variety of base currencies and customizable deposit alternatives. No account financing method is subject to a cost from the broker; however, third parties may impose fees.

There is a $50 minimum deposit requirement and several maximum limitations. Top ways for deposits include:

UnionPay: CNY only, 50,000 CNY maximum limit, processing within 30 minutes

Fasapay: USD/IND only, $75,000 transaction per day, instant processing

Cryptocurrencies: BTC/USDT only, no maximum limit, instant processing

Local payments: varying currencies and maximum limits, processing within 1 hour

Bank Wire Transfer: All currencies, no maximum limit, 2-5 business day processing time

Credit/Debit Cards: Includes VISA and MasterCard, all currencies, instant processing

Electronic Payments: Includes Skrill/Neteller/Bitwallet/Sticpay/Astropay/Fasapay, all currencies, instant processing

Withdrawals

The bulk of withdrawal options with PUPrime are cost-free, although some do have a modest fee. Instead of being determined by the broker, this is an outside fee.

For instance, Neteller charges a transaction fee of 2% for each withdrawal. Withdrawals from Skrill will be charged a 1% fee.

The minimum withdrawal amount for all methods is $40, but there are several types of limits.

Withdrawals under $100 will be charged a handling fee of $20 or an equivalent amount in another currency.

The longest processing period for withdrawals of funds is two to five business days for bank wire transfers.

Electronic payments made using credit/debit cards and their processing times can vary based on the issuing bank and receiving bank.

Get trading with PUPRIME in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create PUPRIME Account Click Here

Demo Trading

The Pacific Union website offers a free demo account in more than 10 base currencies.

These accounts provide a safe environment for strategy testing, execution practise, and platform feature navigation.

On the MT4 or MT5 trading terminals, PUPrime traders have access to up to $100,000 in virtual funds and can observe real-time trading conditions and prices.

Opening a paper trading account also gives you the option of choosing a leverage of up to 1:500. An account must be opened by registering online using a short form.

Please be aware that these accounts expire automatically after 60 days.

Offers & Promotions

PUPrime was promoting a number of cash incentives at. A $50 no-deposit bonus and a 50% credit bonus up to $500 were included in this.

There are no restrictions on promotions because the broker is not overseen by a body that regulates the European Union.

There is also a refer-a-friend programme available, where traders can receive up to $150 for each person who creates a live account and meets the requirements.

Before creating an account, you should carefully read the terms and conditions for bonus claims because there can be withdrawal limitations.

Regulation

The Seychelles Financial Services Authority and the Cyprus Securities and Exchange Commission both have full regulatory authority over PUPrime (formerly Pacific Union).

Negative balance protection and segregated client funds are two features that PU offers that are comparable to those offered by premier regulatory bodies like the FCA.

Your capital will be protected in the event of business insolvency. Additionally, the broker conducts rigorous corporate governance compliance audits and uses top financial institutions to offer consumers the greatest interbank liquidity.

Extraordinary Qualities

We were glad to learn that PUPrime provides a variety of analysis tools and educational materials. This covers daily news updates, market reports, and instrument technical analysis. Also featured in daily video posts is market research.

Although there are beginner-friendly themes, there are also more sophisticated pieces for those with more experience.

Themes covered include market basics, risk management, understanding indicators, and trading psychology.

Along with visual demonstrations of important subjects, supporting video information is also offered.

It is also encouraging to note that a variety of helpful tools, such as an economic calendar, a currency converter, and a keyword glossary, can be accessed online along with webinars presented by professionals in the field.

Live Accounts

Standard
Prime
Cent

PUPrime provides Standard and Prime online trading account options. Both provide access to all products, different base currencies, no dealing desk order execution, and the greatest amount of leverage possibilities.

A Cent account can also be created. These are perfect for novice investors who want to start with modest sums. These are specifics about the account types:

Standard

No commission
120% margin call
Hedging available
Spreads from 1.3 pips
Leverage up to 1:500
0.01 lots minimum order size
Minimum deposit of $50 or equivalent currency

Prime

120% margin call
Hedging available
Spreads from 0 pips
Leverage up to 1:500
$3.50 commission per side
0.01 lots minimum order size
Minimum deposit of $1,000 or equivalent currency

Cent

Access to 36 currency pairs, gold, silver, and crude oil

Spreads from 1.3 pips
Maximum lot size of 100
Minimum deposit of $20
Maximum deposit of $1,000
USC account currency only

The process of opening a live account with PU Prime is quick and simple.

Customers are expected to comply with Know Your Customer (KYC) compliance and complete an online registration form as well as submit identify verification papers, such as proof of residency.

PU also provides a trading account for Muslims. Upgrading to this swap-free version from a live account is possible with the brokerage’s consent.

For the management of open position accounts, there are administrative fees.

Benefits

No-cost deposits
Private mobile application
Market execution directly
Islamic account without swaps
Negative balance defence
Customer service that is multilingual
Demo account with fictitious money
Low minimum deposit amount necessary
PU Social’s copy trade functionality
Mobile apps and the widely used MT4 and MT5 terminal

Drawbacks

Regulation of offshore
Withdrawal fees under $100
The majority of Prime account instruments are subject to commission

Trade Times

Trading hours Monday through Friday are 24 hours, but they differ depending on the instrument.

Keep in mind that servers and charts use GMT +2 or GMT +3. On the broker’s website, you may see complete timings by instrument as well as forthcoming market holiday dates.

Customer Support

PUPrime provides the following customer service seven days a week, plus on Sunday from GMT+3 4:00 to 5:00:

Live chat
Online contact form
Global address finder
Email – [email protected]
Telephone – +248 4671 948

Security

Both the trading floor and portal access require a password. An SSL certificate is used to encrypt any personal data transferred between client terminals and platform services.

The MT4 and MT5 trading terminals provide industry-standard data privacy, secure login features, and two-factor authentication.

PUPRIME Conclusion

A strong direct-to-market execution trading environment is provided by PUPrime. Low fees and flexible leverage make it possible to tailor it to any trading plan.

I appreciated the availability of reputable trading platforms, a range of customer support choices, a demo account, and low-deposit options.

The negative balance protection and segregated client money should reassure customers, even though the chosen regulating body isn’t well-known in the financial sector.

Get trading with PUPRIME in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create PUPRIME Account Click Here

Questions about PUPRIME

PUPRIME is regulated, right?
Which Trading Platforms is PUPRIME providing?
How much of a Deposit must you make to open a PUPRIME account?
What options for customer service does PUPRIME provide?
What kind of accounts is PUPRIME offering?

PUPRIME is regulated, right?

Yes, both the Cyprus Securities and Exchange Commission and the Seychelles Financial Services Authority have authorised and regulated PUPrime (formerly known as Pacific Union).

Negative balance protection and customer funds that are kept separate are two requirements of the authority’s rules.

Which Trading Platforms is PUPRIME providing?

The well-known MetaTrader 4 and MetaTrader 5 trading terminals are available through PUPrime.

Both offer complex trading capabilities, including as technical indicators, individualised user interfaces, and intricate graphs and charts.

How much of a Deposit must you make to open a PUPRIME account?

Opening a live trading account with PUPrime requires a minimum deposit of $50 or an equivalent amount in another currency.

Note that the owner and management team reserve the right to adjust the minimum deposits, which may vary depending on the account financing type.

What options for customer service does PUPRIME provide?

PUPrime provides 24/7 multilingual client service. A live chatbot, the number +248 4671 948, and email [email protected] are all included.

What kind of accounts is PUPRIME offering?

Numerous live account kinds with direct-to-market execution are available with PUPrime.

Among them are Standard, appropriate for beginning investors, and Prime, which has more sophisticated trading capabilities and a larger minimum deposit requirement. The broker also provides an Islamic trading account and a Cent account.

Get trading with PUPRIME in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create PUPRIME Account Click Here

3.XM

The XM broker began operating in 2009 and currently serves clients from over 196 different countries. Its support staff speaks 30 different languages, making it one of the most reputable Regulated Brokers.

The primary office is in Cyprus, which is under CySEC regulation, but there are also offices in Australia, the UK, Belize, Greece, Dubai, and the MENA region, as well as locations that are authorised to serve customers worldwide.

The vast selection of XM trading products and services that the broker offers, along with cutting-edge trading solutions, are chosen by about 1.5 million traders and investors at XM.

These products are appropriate for both experienced and novice traders. XM strives to give its customers one of the greatest user experiences in the market, which is the cause for the broker’s rapid expansion and increased trust.

With XM, an account may be started regardless of trading expertise or net capital with just $5.

Additionally, XM supports webinars and research materials while also taking a worldwide perspective and discovering new markets. This enables traders from different nations to interact and begin a career in trading.

In general, all account opening, management, depositing/withdrawing, and trading procedures are clear-cut, easy to understand, and transparent, as we will see in more detail in the XM review.

XM, which is billed as the next-generation broker for online FX and commodity trading, is appropriate for both novice and experienced traders.

Traders have two options for getting started: a genuine account with the trading programme or a demo account platform with $100,000 USD in fictitious money.

Auto trading, no additional costs or commissions, and quick order execution—99.35% of which happen in under a second—are some of the highlights of this specific broker service.

4.BLACKBULL MARKETS

BlackBull Markets started operating in Auckland, New Zealand, back in 2014. It combines years of institutional forex experience with an emphasis on providing resources to retail traders.

Since the broker began using its own software as a financial services provider to offer numerous trading solutions, it has been able to combine strong trading performance with affordable pricing.

Additionally, BlackBull Markets was established as a prime broker that also provided retail trading solutions and maintained its translation facilities across major financial cities like Malaysia and London, UK, in order to increase exposure globally.

Numerous options include various situations, assets to trade, and programmes and learning resources for active traders.

In addition to the many options available to regular traders, professional services are also available for institutional accounts, money managers, MAM, and PAMM accounts.

A New Zealand-based ECN broker called BlackBull Markets provides more than 300 tradeable instruments on the MT4 and MT5 platforms.

I go through the spreads, minimum deposits, regulations, and login procedures for the broker’s live and demo accounts as I review the client site.

BLACKBULL MARKETS Information

Trading Platforms
Instruments
Fees
Leverage
Mobile Trading
Payment Methods
Demo Account Review
Rewards from BLACKBULL MARKETS
Licensing
Extraordinary Qualities
Accounts on BLACKBULL MARKETS
Benefits
Drawbacks
Trade Times
Customer Support
Security
BLACKBULL MARKETS Conclusion

Black Bull Group Limited (BlackBull Markets), which was established in 2014, holds licences from the Financial Markets Authority of New Zealand and the Financial Services Authority (FSA) of the Seychelles.

With its main office in Auckland, New Zealand, the broker also maintains a support office in Kuala Lumpur, Malaysia.

Ten years of institutional experience in the FX market are provided by the organisation.

The broker offers institutional-level fintech services to retail clients as a real ECN, No Dealing Desk brokerage.

Users have access to Myfxbook and ZuluTrade in addition to award-winning platforms and other resources.

Prime services and PAMM accounts are also available to institutional clients.

Trading Platforms

MetaTrader 4
MetaTrader 5

MetaTrader 4

For many brokers and traders, the MT4 platform is the preferred choice. The platform provides interactive charts, close-to-instant execution, and direct market trading with top liquidity suppliers.

The platform supports both MetaScripts and Expert Advisors (EAs), which let you build your own automated trading bots.

Additionally, traders have access to a variety of order types, a market monitor window, and hundreds of installed indicators and research tools.

The BlackBull Markets website offers different download links for MT4 for Windows and Mac computers.

Customers can access trading using any compatible web browser (Chrome, Mozilla, Firefox, etc.) on any device with the help of the online edition of MT4, MetaTrader WebTrader.

There is no need to install any additional software, and the WebTrader provides all the same advantages as the desktop version, such as a variety of indicators and drawing tools, financial news, as well as real-time pricing and quick execution.

MetaTrader 5

Even quicker processing times, hedging options, enhanced pending order functionality, and a wider selection of tools and indicators are all features of MT5.

Additionally, there are more than 20 periods, a built-in economic calendar, and access to market liquidity depth.

The platform is available for immediate download from the BlackBull Markets website, but before you can begin trading, you must register for an account.

Instruments

Over 300 assets are available through BlackBull Markets, including over 60 currency pairs, CFDs on some of the most well-known indexes worldwide, commodities like oil and natural gas, gold, and silver.

Although the product list is good, shares and cryptocurrency would have been nice to see.

Fees

BlackBull Markets offers zero pip spreads, but they normally start with the ECN Standard account at about 0.8 pip. EUR/USD live spreads begin at 0.2 pip.

In the ECN Standard account, trading is fee-free; in the ECN Prime account, the commission is $3 per lot ($6 each round turn). The commission rate with the ECN Institutional account is negotiable.

For holding positions overnight, BlackBull Markets also levies swap fees. These fees are determined on an ongoing basis by the broker and are shown in the trading interface.

Leverage

On currency pairs and precious metals, BlackBull Markets offers a maximum leverage of 1:500. Leverage is allowed for indexes and oils up to 1:100. The Product Disclosure Statement explains how margin call calculations are made.

Mobile Trading

For no additional charge, iOS and Android smartphone users can download the MT4 trading app.

A complete collection of trade orders, a thorough transaction history, interactive navigator windows and charts, indicators, sketching tools, and automatic trading features are all provided by the fully functional software.

ZuluTrade, a social copy-trading platform accessible on iPhone, iPad, and Android, is another mobile trading option provided by the broker.

Payment Methods

Deposits
Withdrawals

Deposits

Deposits can be made in nine different currencies, including the USD, EUR, GBP, and AUD, using:

Credit cards
Bank wire transfers
Skrill
Neteller
Union Pay
FasaPay

Except for bank wire, which takes one to three days to process, other choices are done promptly.

Withdrawals

You must withdraw money using the same method that you used to deposit it.

Withdrawals will be processed by the broker within 24 hours. Fees for credit card, Neteller, and Skrill transactions are 5.00 in the base account currency each, while fees for international bank transfers are 20.00 in the base account currency.

Get trading with BLACKBULL MARKETS in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create BLACKBULL MARKETS Account Click Here

Demo Account Review

A 30-day sample simulator with up to $100,000 in fictitious money is available from BlackBull Markets.

Users can choose their own leverage level up to 1:500 and pick between the Standard or Prime account.

Before engaging in real trading, a demo account is a crucial tool for testing trades and gaining access to genuine market data.

Rewards from BLACKBULL MARKETS

There are no current promotional deals at BlackBull Markets as of the time of writing.

For any upcoming deals, traders should visit the broker’s website or social media accounts.

Licensing

Incorporated and registered in New Zealand is BlackBull Markets. The brokerage is a participant in the Financial Services Complaints Limited (FSCL) dispute resolution process and is registered with the Financial Services Provider Registry (FSPR) under licence number FSP403326.

By using ANZ Bank, one of the top banks in Australasia, to separate money and maintain its operational liquidity, the broker protects the security of customer cash. In general, I confident that BlackBull Markets is not a fraud.

Extraordinary Qualities

A range of teaching tools are available to beginners, including MT4 videos, instructions to currency analysis, and a trading dictionary.

A calendar of economic events and news is also available for monitoring the market.

For traders who meet specific requirements, such as NYC Servers and BeeksFX, the broker also provides free VPS services.

In addition, HokoCloud, ZuluTrade, and Myfxbook are three well-known social trading platforms.

With the help of Autochartist, the online broker will be able to provide robust market insights and automated opportunity identification.

The plugin searches the markets and notifies users of prospective trading opportunities. It is connected with MT4 and MT5.

It is an essential component of many traders’ toolkits and uses pattern recognition technology to continuously monitor the markets.

Accounts on BLACKBULL MARKETS

Standard
Prime
Institutional

BlackBull Markets offers three basic account types (ECN Standard, ECN Prime, and ECN Institutional), as well as Islamic accounts and Active Trader accounts for clients who qualify. The accounts’ minimum lot size is 0.01 units.

Standard

In the Standard account, spreads begin at 0.8 pip and a $200 minimum deposit is needed. The Standard account offers commission-free trading as well.

Prime

In the Prime account, spreads are more affordable and begin at 0.1 pip. The minimal down payment needed is $2,000. $6 commissions are due for each round turn.

Institutional

Institutional account holders can access spreads starting at 0.0 pips with a minimum deposit of $20,000.

Institutional accounts also include free VPS access, specialised MAM/PAMM platforms, dedicated 24 hour support, and customizable commission structures.

Benefits

There are several reasons to sign up for a BlackBull Markets account:

Copy trading on ZuluTrade, HokoCloud, and Myfxbook
There is no commission for trading
Cross platform trading
Autochartist plugin
Academy of Trading

Drawbacks

Trading with this broker has a number of drawbacks, including:

There are no Shares or Cryptocurrencies available
No safeguard against negative balance
US customers are not welcome

Trade Times

Keep in mind that GMT+2 (GMT+3 DST) is the standard server time in MT4. Mon through Fri, the FX servers are available from 0:00 to 0:00.

The trading hours for metals are Monday through Thursday from 01:00 to 24:00 and Friday from 01:00 to 23:00.

Crude oil trading hours are from 1:00 to 24:00, and Brent oil trading hours are from 2:00 to 24:00. (Monday to Friday). The contract specifications contain particular opening hours for indexes.

Customer Support

The customer service team is reachable via phone, email, and live chat every single day of the year.

Office: 120 Albert Street, Level 22, Auckland 1010, New Zealand is where the office is.

Email: Contact us at [email protected]

Phone number: (+64) 9 558 5142

Security

On the platforms of BlackBull Markets, all transferred data is protected via a secure SSL connection.

The secure client portal also serves as the management hub for all client transactions.

BLACKBULL MARKETS Conclusion

A live account at BlackBull Markets is a fantastic idea for a number of reasons, including the firm’s reasonable spreads and extensive selection of platforms and tools.

The variety of deposit and withdrawal choices was also well-liked. Negative balance protection would be welcome as an additional measure of safety and control, though.

Get trading with BLACKBULL MARKETS in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create BLACKBULL MARKETS Account Click Here

Quastions about BLACKBULL MARKETS

How do I register for a BLACKBULL MARKETS live account?
How do I create a demo account with BLACKBULL MARKETS?
Are there any bonuses offered by BLACKBULL MARKETS?
What are BLACKBULL MARKETS margin call and stop out levels?
Is BLACKBULL MARKETS a fraud?

How do I register for a BLACKBULL MARKETS live account?

In only a few steps, you may create a client login and open a live account. You must verify your email address after submitting your ID verification and wait for approval.

How do I create a demo account with BLACKBULL MARKETS?

By completing a brief online application form and configuring your account’s customised criteria, you can create a demo account. Your demo login information will then be emailed to you.

Are there any bonuses offered by BLACKBULL MARKETS?

BlackBull Markets is not currently running any promotions or bonuses. On the broker’s website, you can find upcoming bargains.

What are BLACKBULL MARKETS margin call and stop out levels?

Margin calls are not made by BlackBull Markets. 50% is the stop out threshold.

Is BLACKBULL MARKETS a fraud?

Having been legally registered and incorporated in New Zealand (NZBN 9429041417799), Black Bull Group Limited (also known as BlackBull Markets) is a registered financial services provider that holds a licence from the Financial Markets Authority.

Get trading with BLACKBULL MARKETS in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create BLACKBULL MARKETS Account Click Here

5.VANTAGE

Vantage, one of the top online brokers situated in Australia, provides a variety of trading services that allow customers to access the global Forex market.

Vantage is a major player in the online broker market thanks to its award-winning customer service and dedication to providing quick transactions.

Vantage adds support for a variety of social trading networks, Trading Central-powered content, and a custom mobile app to its range of MetaTrader platforms.

6.AVATRADE

With more than 200,000 loyal customers worldwide, AvaTrade is a well-known broker with a global presence.

Regardless of user expertise or experience, a registered forex broker operating across 5 continents offers consumers advanced trading solutions by enabling access to the market through a wide range of flexible platforms, tools, and choices.

Ava is a multinational corporation that has regional offices all over the world but has its headquarters in Dublin, Ireland.

As well as companies in South Africa, Chile, Mongolia, Nigeria, and a recently established UAE brokerage, these include companies in Paris, Dublin, Milan, Madrid, Tokyo, Beijing, and Sydney.

Leading global forex broker AvaTrade is a member of the AVA Group of businesses. AvaTrade is one of the first internet brokerages, having been formed in 2006.

The trading platforms, mobile app, payment options, and MT4 integration are covered in full in this article.

I will contrast trading fees, spreads, and leverage as well. Whatever you wish to trade, from Bitcoin to standard options, determine if Avatrade will work for you.

A total of four offices for the business are currently spread throughout the globe: one each in Japan, Australia, Ireland, and the British Virgin Islands.

AvaTrade, one of the biggest and most reputable online brokerages in the world, accepts customers from a wide range of geographical areas and trading accounts in many different currencies.

In a recent announcement, the company additionally highlighted the expansion and visibility of the brand by announcing a significant collaboration with English Premier League champion Manchester City.

Regulation & Reputation

Available Trading Platform Types
Offering Trading Accounts
Bonuses & Promotions
Assets & Instruments
AVASocial
Customer Support
Deposit & Withdrawal
AVATRADE Day Trading Tools
The AVATRADE Spreads

It is crucial to select a forex broker that is licenced and regulated by a respectable regulatory body because this helps to establish the reliability and expertise of the firm.

*Given that it is overseen by numerous international regulatory bodies, AvaTrade is unquestionably a trustworthy business.

*Under licence #C53877, the Central Bank of Ireland oversees the broker’s operations in Europe.

*The broker has an ASIC licence #406684 to operate in Australia.

*The broker is authorised in Japan by the FSA and the FFA, respectively, with licences #1662 and 1574.

*The broker has licence #45984 from the FSCA for South Africa.

*The broker has licence #190018 from the Financial Regulatory Services Authority (FRSA) of Abu Dhabi Global Markets (ADGM) for the Middle East.

*The broker has an Israel Securities Authority licence with the ID number 514666577.

You can trade with confidence at AvaTrade because it is one of the most reputable and trustworthy online brokerages in the business.

Numerous accolades like “Best Customer Support,” “Best Alert System,” “Best Financial Derivative Trading Provider,” and “Best Forex Broker YEAR” have been given to the business.

The company has recently expanded its business in Canada thanks to a partnership with Friedberg Direct.

A branch of the Friedberg Mercantile Group Ltd., Friedberg Direct is a member of the Canadian Investor Protection Fund (CIPF), the Investment Industry Regulatory Organization of Canada (IIROC), and the majority of Canadian Exchanges.

The main office of Friedberg Mercantile Group Ltd. is located in Toronto, Ontario, Canada at 181 Bay Street, Suite 250.

Available Trading Platform Types

The variety of trading platforms offered by AvaTrade is among its most amazing features.

Whether you’re a novice trader, an expert trader, or something else entirely, there is absolutely something for everyone here. The platforms provided by AvaTrade are as follows:

MetaTrader 4 platform
MetaTrader 5 platform
Meta Trader for Mac
Meta Trader for trading on mobile (Download the Avatrade app directly here)
Web trading with Meta Trader
The AvaTradeAct platform (Proprietary Platform)

AvaTrade offers a variety of automated trading softwares in addition to these platforms to meet the needs of everyone. The subsequent are:

MQL5 Signal Service
API Trading
Duplitrade

Offering Trading Accounts

By providing the majority of traders with just two account types, AvaTrade keeps things straightforward with their accounts. Both a regular account and a trial account.

Via credit cards, a standard account can be started for as low as $100, or for $500 using wire transfers.

Muslim traders are catered to by providing “swap free accounts,” which function in compliance with the Islamic Sharia Principle of interest-free trading, in addition to the two normal accounts.

Professional traders can also open MAM accounts to easily handle multiple client accounts. These accounts have the following characteristics:

*Possibilty of establishing many sub-trading groups.

*There are all MT4 order types accessible, including stops, limits, and close.

*Compatible expert advisors (EAs).

*Lowest lot size is 0.01 lots.

*Various allocation criteria.

*Placing orders for countless client accounts.

*Placing trade orders from a master account.

Additionally, AvaTrade provides negative balance insurance. This guarantees that customers can only lose their account balance.

The brokerage will immediately repay the difference through a “negative balance adjustment” if the market moves against the client to the point that the trader is placed in a negative balance position.

Bonuses & Promotions

Bonuses might be accessible depending on where you are; for more information, get in touch with AvaTrade.

Assets & Instruments

Once again, AvaTrade succeeds in providing traders with a broad selection of financial trading products. The freedom of investors to trade:

Forex: Over 50 currency pairings, including all majors, minors, and numerous exotics, are accessible around-the-clock, every day of the week.

With leverage of up to 400:1, traders can take advantage of competitive spreads as low as 0.8 pips.

Cryptocurrency: Traders can trade nine different cryptocurrencies with up to 20:1 leverage (not available in Canada or the UK). These currently include Bitcoin, Bitcoin Cash, Ethereum, and Ripple.

Commodities, Indices, Bonds, Stocks, ETFs: For trading various financial assets, AvaTrade traders benefit from the largest leverage as well as extremely competitive and low spreads.

Options: Avatrade has democratised trading options so that investors of all expertise levels can participate.

For individuals who are interested in using the product, the new options trading platform makes vanilla options less complicated and offers a variety of choices.

Get trading with AVATRADE in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create AVATRADE Account Click Here

AVASocial

Customers of the broker AvaTrade can now download AvaSocial, the platform for social and copy trading.

The mobile app, which is compatible with iOS and Android smartphones, enables users to copy the transactions of profitable investors.

Users can choose to use a completely automated service or trade manually based on market cues. The currency, stock, crypto, and commodities markets all offer round-the-clock trading.

Another top-notch social trading platform is AvaSocial.

Through community channels, users can communicate with other traders and ask questions about specific trading techniques, learn more about the cryptocurrency markets, or find a trading mentor.

It is therefore a fantastic tool for novices.

Customer Support

AvaTrade provides top-notch customer service through a number of linguistic choices. Live chat, email, a FAQ page, social media, faxing, and phone calls are all available.

Numerous languages and nations are served by telephone help, including 21 distinct European nations, two African nations, six Asian nations, four South American nations, two Middle Eastern nations, and Australia.

Local customer service representatives provide timely, helpful assistance. Customers can receive local Friedberg Direct customer services thanks to a recent partnership in Canada, for instance.

Deposit & Withdrawal

Deposits
Withdrawal

Deposits

AvaTrade provides its customers with a range of deposit alternatives.

Credit cards (VISA
MasterCard, debit)
Bank Wire Transfers
Paypal
Skrill
NETELLER
WebMoney

Can all be used by traders to fund their accounts.

The first deposit requirement to start an account is just $100.

Withdrawal

The same techniques used for deposits can be used for withdrawals by traders. The processing of withdrawal requests may take up to 5 business days.

Withdrawals will be processed and finished as soon as the methods support them.

The Ava Debit Mastercard, which traders can apply for once they’ve opened an account, is the quickest way to withdraw money.

AVATRADE Day Trading Tools

AVAProtect
Trading Central

Education: The AvaTrade education centre is first-rate. Given that it includes movies, eBooks, tutorials, glossaries, and other materials, it might be the best one we’ve ever seen.

On their website, there is a whole part devoted to instructing its traders. Additionally, day traders will find the entire website to be quite useful.

Trading Tools: AvaTrade has a tonne of tools designed specifically for successful day traders.

Their automated trading software bundles, which are fantastic for day trading, are one of their most outstanding features.

Range of assets: This brokerage is excellent for both new and seasoned day traders because of the wide variety of assets available.

Free Trading Coaching Course: Free trading courses were part of the latest campaign for the relationship with Manchester City Football Club.

You may get more information here: Online trading course at MCFC.

AvaTrade has also unveiled a few new trading tools and services that are especially beneficial.

AVAProtect

Customers can receive their money back on unsuccessful trades thanks to the company’s special AvaProtect feature.

Investors can safeguard a trade against losses of up to $1 million over a certain time using the user-friendly risk management tool. The only cost to clients is a minor hedging fee.

The broker’s unique trading platforms include AvaProtect, which may be activated in a few simple steps.

It only takes a few steps for traders to confirm the fee and expiry trade, choose the instrument, click the AvaProtect icon, and select the term of protection.

Trading Central

Trading Central and AvaTrade have joined to offer robust technical analysis tools and market information.

Based on trading plans created by seasoned analysts at Trading Central, clients can make wise investment decisions.

A daily strategy newsletter, user-friendly pattern recognition technology, a plethora of advanced indicators on 115 currency charts, and more are all accessible through the platform.

For investors interested in fundamental analysis, Trading Central also keeps track over 7000 media sources.

The AVATRADE Spreads

At Avatrade, spreads are competitive, and they are continually being lowered. The company has made great achievements, particularly in the cryptocurrency business.

After being cut by 50% only recently, spreads on bitcoin trades have now been reduced by another third, according to an announcement.

Brokers might be more daring with spreads as they grow more confident in the market’s liquidity.

Get trading with AVATRADE in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create AVATRADE Account Click Here

Questions about AVATRADE

Is AVATRADE a trustworthy company?
Are AVATRADE’s practises regulated?
What is the AVATRADE minimum deposit amount?
AVATRADE is a market maker, right?
When can I withdraw money from AVATRADE?
What is leverage in AVATRADE?
What methods are there for making deposits at AVATRADE?

Is AVATRADE a trustworthy company?

Yes. Legitimate FX and CFD brokers include Avatrade. The brand is subject to regulation all across the world, notably in South Africa, Australia, and Europe.

Are AVATRADE’s practises regulated?

The brand is indeed governed globally:

The Central Bank of Ireland oversees AVA Trade EU Ltd.

The ASIC oversees Ava Capital Markets Australia Pty Ltd.

The South African Financial Sector Conduct Authority oversees Ava Capital Markets Pty (FSCA ).

Ava Trade Japan K.K. is subject to FSA (No. 1662) and FFAJ regulation in Japan (No.1574).

Abu Dhabi also regulates Avatrade.

What is the AVATRADE minimum deposit amount?

You can start an Avatrade account with $100 (or £100 or €100).

AVATRADE is a market maker, right?

Avatrade is not a market maker; rather, it is a broker.

When can I withdraw money from AVATRADE?

Withdrawals from Avatrade are processed in 1 day. However, it can occasionally take longer for funds to actually clear when using other withdrawal methods.

Up to five business days with credit/debit cards.

24/7 for e-wallets.

Up to 10 business days for wire transfers.

Delays in wire transfers frequently depend on the nation and bank involved.

What is leverage in AVATRADE?

Leverage at Avatrade varies depending on the asset and the trader’s country of origin.

Leverage is capped to 1:30 in the EU and UK according to European regulations.

1:400 is the non-EU limit.

If traders are located in Europe, a professional account might be able to offer more leverage.

What methods are there for making deposits at AVATRADE?

Credit cards (VISA, MasterCard, debit), bank wire transfers, and a variety of e-wallets, including Paypal, Skrill, NETELLER, and WebMoney, can all be used to make deposits.

Get trading with AVATRADE in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create AVATRADE Account Click Here

7.SUPERFOREX

With account types for ECN and STP execution and 400+ instruments available on the MetaTrader 4 platform, SuperForex is a multi-asset online securities and derivatives broker.

The highest leverage, member area security features, client login and account verification, how to register and open a real account, and other topics will all be covered in this evaluation of the SuperForex broker.

Questions about SUPERFOREX

Is SUPERFOREX a Broker that is Regulated?
What kinds of accounts does SUPERFOREX provide?
Are There Nasdaq Trading Opportunities at SUPERFOREX?
Is SUPERFOREX a Scam Or Legit?
Is SUPERFOREX an Excellent Broker?

Is SUPERFOREX a Broker that is Regulated?

Yes, the International Financial Services Commission regulates SuperForex as a legitimate brokerage company (IFSC).

This, together with the service provider’s customer testimonials and security measures, suggest that it is unlikely a fraud.

What kinds of accounts does SUPERFOREX provide?

Several real account types with ECN or STP execution are available from SuperForex. These come in fixed, floating, or no spread choices, depending on your strategy’s requirements. Minimum deposits start at £1/$1/€1, depending on the currency.

Are There Nasdaq Trading Opportunities at SUPERFOREX?

You can trade Nasdaq on SuperForex, yes. With competitive trading conditions like leverage up to 1:1000, macroeconomic data, and technical analysis, the broker offers a number of well-known global indexes.

Is SUPERFOREX a Scam Or Legit?

With regulation, deposit protection plans, and negative balance protection, we are convinced that SuperForex is a legitimate broker.

Before creating a live account, make sure to read the terms and conditions. Be aware that, in comparison to other authority bodies, the IFSC does not offer top-tier regulation.

Is SUPERFOREX an Excellent Broker?

SuperForex offers competitive trading conditions, regulatory protection, partnerships with software companies, security mechanisms, and the MT4 platform.

Get trading with SUPERFOREX in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create SUPERFOREX Account Click Here

8.EIGHTCAP

Eightcap is an Australian-incorporated brokerage firm that offers a transparent pricing strategy since 2009 through cheap rates of variable spreads with quotes obtained using technological tools through Equinix servers and data from various top banks or institutions.

Through their reputed Australian headquarters and several regional offices across the world, including the UK, Bulgaria, and Cyprus, Eightcap runs a global business.

In addition to what it offers to retail clients, this broker offers affiliates, IBs, and influencers technological advantages and collaboration options.

Eightcap strives to create a community for MT4 and MT5 traders and seeks to give them a specialised trading environment.

Through the renowned MetaTrader platforms, this broker provides access to the most widely used financial instruments, all with quick execution and minimal spreads.

A global CFD and forex broker is Eightcap. Users can easily invest in more than 800 financial instruments with the help of two competitive accounts, the MT4 and MT5 trading platforms, and this service.

This evaluation, which covers spreads, leverage, as well as the mobile app and demo account, can assist you in deciding whether to join an account.

Overview of the EIGHTCAP Company

Trading Platforms
Assets
Commissions & Spreads
Leverage
Mobile App
Payment Methods
Demo Account
Added Value & Promotions
Regulation
Extraordinary Qualities
Tools for Trading
Account Types
Benefits
Drawbacks
Trade Times
Customer Support
Trader Security
EIGHTCAP Decision

In 2009, Eightcap was established with its headquarters in Melbourne, Australia. Joel Murphy serves as the organization’s CEO, and it is governed by the Australian Securities and Investment Commission (ASIC) and the Bahamas Securities Commission (SCB).

Eightcap has offices all over the world and employs a sizable, multilingual customer service team with locations, among others, in the UK, Sofia, Bulgaria, China, and Thailand.

Trading Platforms

MetaTrader 4
MetaTrader 5
WebTrader
Capitalise.ai

MetaTrader 4

The prestigious MT4 platform makes it easy to invest online in currencies, indices, and commodities. It’s a great all-around platform because to its cutting-edge UI, automated trading features, and extensive charting package.

Features consist of:

30 built-in indicators, 24 graphical items, 9 timeframes
Access to Expert Advisors and a free trading robot
3 order execution kinds, 4 pending order types
Quotes that are current in Market Watch
Instantaneous trading
Historical information

On computers running Windows, macOS, and Linux, MT4 can be downloaded.

MetaTrader 5

MT5 is a cutting-edge trading platform that supports trading in currencies, indices, stocks, commodities, and virtual currencies. Customers gain from:

38 Technical indicators, 41+ graphical items, and 21 time-frames
Access to Expert Advisors and a free trading robot
4 order execution types, 6 waiting order types
Trading with a single click and advanced market depth
Economic calendar and financial news
Quotes that are current in Market Watch
Hedging and nets
Community dialogue
Historical information

On computers running Windows, macOS, and Linux, MT5 can be downloaded.

WebTrader

Additionally, Eightcap provides the MT5 Web Trader version. The web-accessible platform offers the same capabilities as the desktop download and can be simply accessed from the broker’s website. It is an efficient method of connecting to the markets.

Capitalise.ai

Customers of Eightcap can programme instructions using simple English in an innovative automatic trading platform, such as “purchase $1,000 GBP/USD on Tuesday at 15:30 EST.”

Building automatic trading methods for novices has never been simpler thanks to a sleek dashboard and guided training.

Investors may create simple and complicated algorithms for free without the need for coding knowledge.

A large selection of pre-programmed strategies are also available from Capitalise.ai, which customers may test risk-free or customise to their tastes before going live.

Assets

Customers of Eightcap can trade on:

Currencies: 40 main, minor, and exotic currency pairs are available for trading.

Share CFDs: Trade on 500+ of the most well-known firms from the US (NASDAQ and NYSE), the UK (LSE), Germany (EXTRA), and Australia, including Westpac Banking Corp. and Woolworths.

Index CFDs: Trade 10 of the most prominent indices, such as the US30, UK100, and SPX500, using index CFDs.

Cryptocurrency CFDs: 250+ cryptocurrency pairings, cross pairs, and indices available for CFD trading.

Commodities: Trade commodities such as CFDs on gold, silver, and oil.

For further information, refer to the Product Disclosure Statement (PDS) of Eightcap.

Commissions & Spreads

Spreads vary and begin at 0 pip for popular currency pairs (Raw Account) and 0.4 for popular indices like the SPX500. They begin at 0.1 USD for gold, 0.01 USD for silver, and 0.03 USD for oil spreads.

The spreads on different cryptocurrencies range from 0 USD for Bitcoin Cash to 31.2 USD for Bitcoin. Spreads on shares are 0.02 USD per share and per side (4 USD per lot round turn).

Be aware that some assets’ spreads tend to increase during particularly volatile trading hours or during periods of lower liquidity during the day (as the roll over to the new day).

On the Raw account, commissions are levied at a rate of 3.50 USD per standard lot, and swap rates will be used for overnight foreign exchange trading.

Leverage

At Eightcap Pty Ltd, the maximum leverage is 1:30. Customers dealing with Eightcap Global Ltd may use a maximum leverage of 1:500.

You may read more about the margin call procedure on the broker’s website.

Mobile App

For both the MT4 and MT5 platforms, which are accessible on iOS and Android devices, Eightcap provides a mobile app.

With the additional convenience of 24/7 access from anywhere, the app provides all the functionality available on the desktop platform.

Just go to your App Store or Play Store to download the app after you have your MT4 or MT5 login information.

Payment Methods

Deposits
Withdrawals

Deposits

Several quick payment alternatives are available from Eightcap in a wide range of base currencies, all of which are processed through the Client Portal:

PSP (Virtual Account)
Credit/debit card
Cryptocurrencies
China UnionPay
PayRetailers
Bank Wire
Worldpay
Fasapay
Neteller
PayPal
BPAY
Skrill
POLi

Please be aware that there are no transaction fees associated with any payment method other than bank wires.

With the exception of wire transfers, BPAY, and PayRetailers, which can take up to 3 days, they also offer fast 24-hour deposit processing.

Withdrawals

Users can withdraw profits for nothing by utilising any of the aforementioned strategies after submitting a request form via the Client Portal.

Withdrawals should be processed by the broker within 24 business hours. The normal clearing times are 2 to 5 business days.

Keep in mind that the maximum deposits and withdrawals vary depending on the chosen payment type. You can find more information on the broker’s website.

Demo Account

You can open a respectable demo account with Eightcap on the broker’s website.

Users can trade under the same terms as a real-money account, including the same price feed, with a maximum of 5,000,000 virtual cash available to them.

Please take note that demo accounts automatically expire after 30 days, however you can request an extension.

Get trading with EIGHTCAP in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create EIGHTCAP Account Click Here

Added Value & Promotions

There are no promotions or deposit incentives available at this time from Eightcap.

Watch the broker’s website, nevertheless, in case any fresh bargains become available.

Before you begin trading, make sure to review the bonus terms and conditions.

Regulation

The company is independently governed by two organisations to safeguard the interests of its clients:

Eightcap Pty Ltd is under the supervision of the Australian Securities and Investment Commission (ASIC), and Eightcap Global Ltd (Vanuatu) is under the supervision of the Vanuatu Financial Services Commission (VFSC).

Eightcap is a licenced Australian Financial Services Provider as well (AFSL). According to the Corporations Act, client monies are likewise separated and housed at Tier 1 banks.

In my view, the broker’s internet services are legitimate, and they are not a fraud.

Extraordinary Qualities

The goal of Eightcap is to create a haven for MT4 and MT5 traders. To assist both novice and seasoned investors, the broker provides an excellent education programme.

Regular market updates, a trading week in review, live webinars, CFD and Forex insights, MetaTrader tutorials, and strategy advice are all part of this.

Trading Tools

Users of Eightcap have the option to automate their trades without having any programming experience.

Investors can access automation and analytical capabilities like backtesting, loop strategies, smart notifications, and much more by using capitalise.ai.

Additionally, the online broker has teamed up with TradingView to provide robust charts and tools.

With 50 drawing tools, 5,000+ investor-created indicators, and 100 built-in indicators, TradingView is a well regarded charting solution.

Customers can open and close positions using their Eightcap accounts directly from TradingView’s charts.

TradingView is one of the largest social investment networks in the world and offers robust analysing features.

Investors can share ideas, talk about tactics, and explore markets on social media platforms with more than 30 million active users each month.

A few additional resources are also made available to investors, like the Forex VPS, which is excellent for high-frequency traders, the Cryptocrusher signals service, and the Amazing Trader charting algorithm.

Account Types

Eightcap provides two types of accounts:

Standard: Advised for newcomers

Raw: Advised for seasoned traders

Both account types have a $100 minimum deposit requirement, a 0.01 minimum trade size, and a maximum leverage of 1:30 for Australian clients and 1:500 for clients outside of Australia.

The Standard account has $0 commissions, whilst the Raw account charges A$3.50 each standard lot.

This is the primary distinction between the two accounts. The 7 base currencies that they both offer are AUD, USD, EUR, GBP, NZD, CAD, and SGD.

Benefits

There are many benefits to investing with Eightcap:

Capitalise.ai automated trading solution
ASIC and VFSC regulated
MT4 and MT5 available
Good customer reviews
Fast customer support
TradingView charts
Free withdrawals

Drawbacks

The following are drawbacks of trading with Eightcap:

Limited time demo account (Though this can be extended upon request)
No bonuses or promotions
No binary options

Trade Times

Every day of the week, users have access to forex trading. The hours of international foreign exchange trading, however, vary by time zone.

Australia Eastern Standard Time (AEST) dictates that Sydney opens at 7 am and closes at 4 pm, Tokyo opens at 9 am and shuts at 6 pm, London opens at 5 pm and closes at 2 am, and New York opens at 10 pm and closes at 7 am.

You can invest in cryptocurrencies whenever you want.

The broker’s website provides information on the various opening times in other markets.

Customer Support

The multilingual, round-the-clock support staff of Eightcap can be reached at:

Email: [email protected] or [email protected]

Live chat: The live chat icon can be found on the right side of the website.

Phone numbers: (613) 8373-4800, (613) 8375-9700, (613) 859-22375, and (67) 835-382

Observe the most recent news on Eightcap’s social media channels:

Facebook
Instagram
YouTube
LinkedIn
Twitter

The main office of Eightcap PTY LTD is located at Level 6, 360 Collins Street, Melbourne, VIC 3000, Australia.

Trader Security

Between the platform and the client servers, data exchanges are encrypted using Secure Sockets Layer (SSL), a 128-bit protocol that is industry standard.

Additionally, in order to access the MetaTrader platforms, server authentication is needed.

Eightcap complies completely with the General Data Protection Regulation, the Australian Privacy Principles (APPs), and the Privacy Act 1988 to ensure the protection of customer data (GDPR).

EIGHTCAP Conclusion

Eightcap is a reputable CFD and FX broker that has been in business for more than ten years and provides both the MT4 and MT5 platforms.

Both novices and experienced traders can start trading with ease thanks to their competitive spreads, quick customer service, and demo account availability.

Get trading with EIGHTCAP in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create EIGHTCAP Account Click Here

Questions about EIGHTCAP

Do I need a Lot of Capital to Trade with EIGHTCAP?
What is EIGHTCAP’S Maximum Leverage?
Can I get a Demo Account with EIGHTCAP?
How can I sign up for an EIGHTCAP Live Account?
On EIGHTCAP, what can I Trade?
Why would EIGHTCAP do that?

Do I need a Lot of Capital to Trade with EIGHTCAP?

The minimum deposit is 100 AUD or its equivalent in another currency. 0.01 lots is the smallest position size that is offered.

What is EIGHTCAP’S Maximum Leverage?

The maximum leverage available from Eightcap for both accounts is 1:500. (In regulated markets, 1:30). Leveraged trading increases both the potential for gains and losses.

Can I get a Demo Account with EIGHTCAP?

Yes, a demo account can be created on the website’s home page. Users will enjoy the same trading circumstances as a real account and have access to a maximum of 5,000,000 in virtual funds (available in numerous currencies) for 30 days.

How can I sign up for an EIGHTCAP Live Account?

To register, click “Create Account” in the top right corner of the broker’s website. Before completing the five more steps to personalise your account and confirm your identity, you will need to complete a brief form.

On EIGHTCAP, what can I Trade?

On the MT4 platform, users may trade currencies, indices, and commodities. On the MT5 platform, users can trade currencies, indices, commodities, shares, and cryptocurrencies.

Why would EIGHTCAP do that?

An worldwide forex and CFD broker is Eightcap. It provides investors with the option to use the WebTrader version in addition to the MT4 and MT5 platforms. Additionally, the organisation offers inexpensive commissions and spreads.

Get trading with EIGHTCAP in 3 easy steps

Register: Apply online to complete your registration and verification.

Fund: Make your first deposit to start placing orders.

Trade: Your account is all set up!

For Create EIGHTCAP Account Click Here

Final words

Okay, so that’s it I’ve come to the end of this presentation, I hope you’ve enjoyed it and if you really do please write a comment and click the share buttons smash it right, and click to subscribe bell to Allow notifications be updated.

Whenever, I publish content like, this and finally any questions or feedback let me know below and I’ll do my best to help, so with this guide, I hope you got value out of this presentation, I wish you good luck and good trading and I’ll talk to you soon you.

About Author

Milad Ghanbari

Milad Ghanbari is a trader and also loves writing. He created the MiladFX to help traders. And provides online tools and tutorials needed for traders for free here to support their colleagues in the field and guide them to do more successful trades. Turn on MiladFX notifications to benefit from new free future tutorials.

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