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The Monetary Authority of Singapore (MAS) is the comprehensive regulator of financial institutions in Singapore. MAS is responsible for managing various regulations and systems such as currency, banking, insurance, securities, and finance.
BlackBull is an STP (Straight Through Processing) forex broker that provides online trading services to retail and institutional clients. The company was founded in 2014 and is headquartered in Auckland, New Zealand. BlackBull is regulated by FMA in New Zealandand offshore regulated by FSA in Seychelles. It offers 26,000 tradable instruments including forex, commodities, equities, indices, metals, futures, and cryptos. The broker provides clients with multiple trading platforms such as MetaTrader 4/5 and various trading tools. The company also provides educational resources to assist traders in their trading journey.
OctaFX was established in 2011 in Cyprus and is regulated by CYSEC. It offers a wide range of trading products, including currency pairs, gold/silver, commodities, indices, and cryptocurrencies.
RCG Markets is a Forex and CFD trading broker that provides direct market access to retail traders, hedge fund managers, and corporates. The broker offers a variety of trading instruments, including Forex, Shares, Indices, and Commodities. The brokerage company is based in South Africa and holds a license with the prestigious FSCA with an Exceeded license status. The broker’s services are spread across the African continent and global markets.
Founded in 2012, Libertex is a Cyprus-based online broker providing both investment and trading services. They offer access to over 350 instruments, including CFDs and real stocks. Libertex has become a popular choice among retail investors, largely due to its competitive trading costs, robust trading platform, a 100% welcome bonus for new clients (subject to certain deposit requirements and trading activity), and the availability of fractional shares. However, notably, Libertex does not currently offer copy trading functionality and its educational resources are somewhat limited.
Bitget, founded in 2018 and headquartered in China, operates as an unregulated exchange with a user base exceeding 20 million across over 100 countries. Notable partnerships include collaborations with football icon Lionel Messi and serving as the official crypto partner for prominent esports events. The platform offers various services such as spot and futures trading, copy trading, asset management, staking, Launchpool, and an NFT platform.
JP Markets is an online broker founded in 2016 in South Africa, offering personalized customer service and the necessary tools for trading, including Forex, stocks, indices, commodities, and more. The platform supports the popular MT5 and aims to help African clients trade successfully in international financial markets, particularly in Forex.
Liteforex is a CySEC-regulated online trading platform headquartered in Cyprus, founded in 2005. LiteForex is also Forex broker that offers a Forex and CFD trading. It also provides two trading platforms: MT4 and MT5. The trading volume starts from 0.01 lots, adopts STP direct mode, supports multiple deposit methods such as bank cards, wire transfers, and electronic transfers, and no handling fees are required for withdrawals. LiteForex trading apps are provided to customers free of charge. Download and install applications with daily analysis, trading signals, or strategies on clients' tablets or smartphones. All applications and their contents are supported in more than 8 languages.
Established in 2012, JustMarkets (Formerly JustForex) is an online forex broker based in Cyprus and serves clients in over 160 countries. Featuring a low entry barrier, a 50% deposit bonus, and robust trading platforms -MT4 and MT5, JustMarkets has gained great popularity among retail investors in recent years. JustMarkets allows traders to trade over 260 CFD-based instruments, which is not an extensive range, yet on leverage up to 3000:1 to increase trading flexibility. To enhance the trading experience, both MT4 and MT5 are provided, along with JustMarkets Trading App, MetaTrader Mobile App, and MetaTrader WebTerminal. JustMarkets offers a 50% deposit bonus to boost traders' confidence. Opening an account is a fully online process, typically completed within one day.
Binomo, founded in 2008 and registered in the United States, is an online platform offering trading on financial assets like currencies and cryptocurrencies. It boasts a diverse range of trading platforms, including WebTrader, a mobile app, L2 Dealer, terminals, and APIs.
Founded in 2001 and based in Cyprus, easyMarkets is friendly to traders with smaller capital in the forex market, allowing them to deposit a minimum of $25 using a credit card. As the product line expanded, easyMarkets rebranded from easy-Forex to easyMarkets and introduced CFD trading, including indices, energy, metals, and cryptocurrencies. easyMarkets supports access to the MT4 trading platform via web, desktop, and mobile devices. easyMarkets offers leverage of up to 1:2000 and tighter spreads. The company provides demo accounts and offers international customer support 24/5 via phone, email, and live chat, with additional support available on social media platforms like Google+, Facebook, and Twitter.
Pepperstone is a Forex and CFD broker founded in 2010 in Melbourne, Australia. The company has quickly grown to become one of the largest Forex and CFD brokers in the world with over 150,000 clients across the globe. Pepperstone is regulated by top-tier financial authorities, including the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), etc. It offers a wide range of trading instruments including forex, commodities, indices, currency indices, cryptocurrencies, shares, and ETFs.
CM Trading is a South Africa-based online broker operating for 10 years, providing trading on Forex, Commodities, Indices, Stocks, and some Cryptos. Among many forex broker options in South Africa, CM Trading struggles to be the popular one due to its high costs for live accounts and wide spreads. Instead, it is considered an expensive broking. To open a live account, traders need to fund at least $299, less friendly to beginners. However, CM Trading compensates for this by offering large amounts of bonuses up to $150,000. Notably, CM Trading does not provide any popular copy trading solutions.
Established on March 1, 1993, The Securities Commission Malaysia (SC), a member of IOSCO, is a self-funded statutory body responsible for regulating and developing the Malaysian capital markets.
Founded in 1946 in Boston by Edward C. Johnson, Fidelity remains a family-owned business to this day. Since 2014, Abby Johnson has served as Chairman and CEO. Fidelity provides investment channels for 99% of global capital assets and serves approximately 50 million individuals, 28,000 businesses, and 16,000 wealth management firms.
IronFX is a CFD and forex broker regulated by multiple authorities, including ASIC, FCA, and under MiFID regulations. IronFX provides 300+ instruments encompassing forex trading, metals trading, indices trading, commodities trading, futures trading, and shares trading. It supports the popular online trading platform MetaTrader 4 but does not offer the MetaTrader 5 or a proprietary trading platform other than its copy trading app, TradeCopier.
Tickmill, the trading name of Tickmill Group of companies, is a regulated global forex and CFD brokerage company established in 2014, headquartered in London, UK. Tickmill offers trading in 60+ currency pairs, 15+ indices, 500 stocks & ETFs, bonds, commodities (precious metals and energies), cryptos, futures & options with three choices of trading accounts, which are the Classic, Raw, and Tickmill Trader Raw accounts. The available trading platforms include MetaTrader4/5 and Tickmill Trader.
FBS, more of an A-Book broking company, offers trading services through its three entities in Belize, Australia, and Europe, respectively. With the FBS platform, traders can get access to over 550 CFD-based instruments, including Forex, Indices, Energy, Stocks and Cryptocurrency through the FBS App and MetaTrader suite—MetaTrader 4 and MetaTrader 5. FBS's shining features, an extremely low entry barrier from $5 and its generous leverage up to 3000:1, attract active traders the most. competitor However, FBS does not provide tiered account options, only one live account offered for all investors, but opening an account here is quick and easy. FBS's copy trading solution—FBS Copytrade, while once available, isn't as user-friendly or prominently featured as those offered by competitors, closed in 2022, restricting beginners' access to simpler trading approaches.
Binany is a trading platform that offers its users a range of trading instruments across different asset classes, allowing traders to participate in various markets. The platform boasts a nominal minimum deposit requirement of $1. It utilizes Binany trading platform which is intended to cater to the needs of traders from around the world.
Deriv is a popular online broker that offers a wide range of trading products and supports various payment methods. If you're a beginner who wants to trade but has no idea how to open an account, this article is a must-read.