Recommended Forex Brokers

The bad thing about all brokers is that they can’t make you trade better in Forex. The best thing that they can do for a trader is to offer him enough freedom, tools and support to bring his trading strategy to life. Here is the list of those brokers that try not to interfere with the ways that a trader chooses:

FXOpen — some people say that they have too many traders to be efficient but, in my opinion, the amount of traders using this broker proves its quality. After all, it has a nice set of features:

* Contests among traders
* Bonus programs
* Alternative payment methods: WebMoney, LibertyReserve, CashU, E-Bullion and other payment options
* 2 pips spread on EUR/USD

InstaForex — a some sort of competition to FXOpen, this broker offers so many bonus and contest promotions to its traders that this alone is enough to make some traders join. But there are more advantages:

* Trade with MetaTrader platform
* Leverage your trades up to 1:500
* Deposit and withdraw funds via WebMoney, Moneybookers and other ways
* Earn interest on deposit
* Low minimum account size

AvaFX — original Forex broker with almost 4-year history of satisfied customers. Except traditional Forex trading provides also CFD, gold and oil trading:

* 1:200 leverage
* Custom trading platform
* Trade oil, gold and other commodities
* WebMoney, PayPal and many other ways to fund your account
* MetaTrader platform for Forex and commodities trading

Forex4you — relatively new Forex broker that tries its best to keep up with the competition and offers extra-high quality level of service. See for yourself:

* More than 50 trading instruments
* Free news feeds from leading news agencies
* Cent trading (if you feel cheap)
* MetaTrader platform
* Up to 12.5% yearly interest on trade balance