Forex News and Reviews

 

Use the best Forex broker and trade wisely

 

Our Ranking Product Min. Deposit Our Rating Review
1
eToro
$50
9.7
2
Easy-Forex
$25
9.0
3
Forex Yard
$100
8.5

So, you have decided you want to give this Forex trading a try? The question is where to start? Which platform is going to give you the best chance at making that fortune that will allow you to live the life of your dreams?

Well luckily for you we have taken the hard work out of choosing the right broker. As we have tried virtually every broker out there, we know who is up to scratch and who isn't, and unfortunately most brokers do not match up to their promises. Remember to only choose a broker with stop-loss functions to help you minimize your risk.

The large majority of platforms only offer you downloadable software, this means you are restricted to only trading from the computer where you have the software installed and because successful Forex trading can require access when you are away from home this makes them very weak.

However, do not fear! We have found a trader who can offer you access from any computer with internet access, read on to find out more.

Our Best Forex Broker Award:

eToro Review
eToro.com

(US Traders ARE accepted)
Visit eToro.com
Earning Potential
9
Customer Support
10
Ease of Use
10
Reliability
10
Features
9
Rates
10

My top rated Forex broker is eToro as they provide an excellent, easy-to-use platform with low minimum deposits of just $50. In addition they also have one of the most fun platforms for beginners to learn on and a great range of analysis tools for more advanced traders.

  • First deposit bonus of up to $1,000
  • Copy other traders with the new OpenBook system
  • USA Traders ACCEPTED
  • Free $25,000 trading contests
  • Low Minimum Deposit
  • Deposit via credit & debit cards, PayPal and many more
  • Trade from as little as 2 pips
  • Leverage of up to 400:1

One of the stand out features of eToro is that they one of the few Forex brokers that accepts US traders. This is significant even if if you are not based in the US as it means they have complied with some of the strictest regulations in the world - a great sign you will be trading with a solid and reliable platform.

Want Proof? Click Here To See How I Generated over 100 Profitable Trades in a Month Copying Other Traders with eToro OpenBook (WITHOUT A Single Negative Trade!)

You may expect this would come at a cost but it doesn't. They have one of the lowest minimum deposits anywhere and even give you a whopping big first deposit bonus of up to $1,000 too. This is complimented with low pip spreads too starting at just 2 pips.

In addition the leverage is one of the best around at 400:1. Such a large leverage means that you can make money more easily and quickly even by just trading small amounts. In essence it means you can trade $400 with just $1 giving you the potential to make much bigger gains from each individual trade.

Testimonial

"As an experienced trader I laughed when I saw your recommendation of eToro as I had always heard it was only for new traders. However, your comments about the deposit bonus and the value offered with the low pip spreads made me sit up and take note.

I'm glad I did now as although I can see it certainly is a good platform for new traders - there is a more complex version for experienced traders too and it is rather damn good. I have told all my trading friends (both new and experienced traders) about eToro now."
Alex, Nevada

eToro provides a great commission free trading platform for both beginners and new traders alike. In fact they have slightly different platforms for you to choose from depending on your experience level. New traders can choose a simple, fun platform with graphical trading views whereas more experienced traders can choose a more serious platform with a greater range of tools and flexibility.

Both platforms are excellent and it means that new traders can stay with the same platform throughout their trading career, carefully taking the step up to more serious trading as and when they are ready.

In addition all eToro traders can enrol on a exclusive trader program that gives you personal support and mentoring from one of the experts at eToro. As part of this you will also have access to up to the minute news, alerts and analysis all designed to help you profit from Forex in a bigger, quicker and easier way.

All in all eToro has quickly become one of the worlds leading brokers - if you want a safe, secure, and easy-to-use platform look no further, eToro is for you.

Click Here to visit eToro and start trading today.

 

Our Recommended Alternative Broker:

Easy Forex Currency Trading
Easy-Forex.com

(US Traders NOT accepted)
Visit Easy-Forex.com
Earning Potential
8
Customer Support
10
Ease of Use
10
Reliability
8
Features
9
Rates
9

Easy-Forex is the broker that receives our 2nd best broker rating'. They offer fantastic customer support and some really excellent features, plus they have a minimum deposit of just $25 making it ideal for those with a low trading budget, some of the many features they offer include:

  • Personal Account Management
  • Exclusive 1 on 1 Training
  • No Downloads
  • Low Minimum Deposit
  • Credit and Debit Cards Accepted
  • Rate Freezing

When I tested this platform I was quite surprised, firstly they offer an extremely low $25 minimum deposit where many other platforms will ask for at least ten times this. This means that even if you have a low starting budget you can still start trading and making decent profit.

Additionally you can deposit with a credit or debit card, unlike some traders who need a bank transfer to deposit funds, Easy-Forex™ allow you to start trading immediately which can be vital when you spot a last minute trade you want to make but have your funds tied up elsewhere.

Ok, lets look at some of the more technical features of the platform. Firstly the presentation of the site is excellent and extremely easy to use. Secondly they have a very handy Forex tools section where you can find a daily outlook, charts, current rates everything you need whilst trading.

Testimonial
"Hello, Thanks for your reviews, I signed up to Easy-Forex as I only have a low amount of funds available for trading. Easy-forex is awesome I never thought I would be able to trade with so little money but I'm having a great time even with small amounts. I'm so glad I found the site."
Peter, Manchester

Additionally they offer you a managed Forex account with their dedicated portfolio managers, having used these services myself I can thoroughly recommend them, they actually seem to really care about getting you started and helping you make those big trades!

On top of all these benefits, Easy-Forex™ offers you; guaranteed rates and stop-loss, no hidden costs, live real-time streaming quotes, competitive spreads, plus much much more! This makes your earning potential not only massive but also easier to achieve!

Their weaknesses, lie in the fact that they do not currently support any browsers other than Internet Explorer (IE), but this shouldn't put you off as most computers come with IE installed and if not, you can download it for free.

However, Easy-Forex is by far the best broker around and we strongly urge all traders, no matter what your current level of knowledge, to give them a try. With only a $25 deposit you can take the platform for a test drive and see for youself what makes it so special!

Update: Easy-Forex now accepts UK traders and as also added the following currencies to their trading arena; Czech Koruna (CZK), Hong Kong Dollar (HKD), Mexican Peso (MXN), Swedish Krona (SEK), Turkish Lira (TRY), and South African Ran (ZAR)

Click Here to visit Easy-Forex™ and start trading today.

3rd Forex Broker Option :

ForexYard Trading
ForexYard.com

(US Traders NOT accepted)
Visit ForexYard.com
Earning Potential
9
Customer Support
9
Ease of Use
8
Reliability
8
Features
9
Rates
8

Our rating for the 3rd best broker goes to Forex Yard as it is one of the most professionally presented platforms available anywhere.

Offering mini-accounts with just a $100 deposit, a free practice account and a top class Pro Account Forex Yard have set themselves as one of the leading Forex platforms on the net. One of the things we really like about Forex Yard is the fact they not only accept credit card deposits but also allow you to pay via PayPal for ultimate convenience.

Here is a summary of what you can expect:

  • Instant Deposit with Credit Card or PayPal
  • Start trading with just $100
  • Typical Leverage of 200:1 and low fixed spreads
  • Fixed Spreads in All Markets, All the Time
  • Continuous Quoting, with No Price Freezes
  • Executable Quotes - Click on Any Bid or Offer
  • No Slippage on Market, Limit, and Stop Orders
  • Negative Balance Protection
  • 24/7 Customer Support
  • No Software Download Needed

When I tried this platform I must say I was impressed, they offer great 24/7 support and the software is online based so you can trade from any PC anywhere in the world so no matter where you are or what you are doing you can still check your trade status and avoid missing out on any potentially highly profitable trades!

One of the big selling points of Forex Yard for the new trader is the fact they operate a negative balance protection. This means if you are unfortunate enough to run your balance down to its minimum, all of your trades will automatically be closed, this means you are never risking more than what is on your account - a vital lifeline for a newbie!

Additionally every Forex Yard trader gets access to an in-depth market analysis at the click of a button. Unsure of how the market might move next? This handy little feature will help you keep on top of the foreign exchange market and help you make those big trades.

Testimonial
"Hi, I just had to email you to thank you for your advice. I joined Forex Yard about 3 weeks ago and also took the Lazy Trading software, its the best thing I have ever done! I have already made $750 profit and that's from just $100!! I owe you big time!!! Keep up the good work."Michael, London

If you are looking for a secure spread then Forex Yard offer 3 pips on EUR/USD and 3-5 pips on other major currency pairs. They also claim that they will never changes these rates. We know that some brokers claim 3 pip spreads and then change it up to 10 pips at times of changing market activity so the added security of knowing the spread will never go above 5 pips makes Forex Yard the best platform around.

We recommend that you sign up to their super mini-account with the $100, if you are completely new to trading you may prefer to try the Forex Yard demo account first, however we suggest you don't spend too long in the demo version as when it's not real money it's easy to make trades that you wouldn't normally make.

Try it for a couple of weeks max and then invest $100 in the super-mini account and see how you do.

Click here to give Forex Yard a try

Other Forex Product Reviews:
Forex Strategy Reviews Forex Training Reviews Forex Analysis Reviews
Strategy Services Training Courses Analysis Software

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