Are you planning to start trading in 2022? Whether or not you are experienced in trading, finding the right trading platform is key to success.
A diligent trader must know exactly how to find the right forex broker for them in 2022. A quick preview of the ideal features of a broker and a few examples of the top ones are enough to get you started. Let’s proceed
How do you find a good forex broker?
Any forex dealer that you want to engage with in 2022 should be regulated. Maintaining a flashy website is not a feature that confirms membership in the National Futures Association, a self-regulatory organization.
Account features shape the user experience on a trading platform. The key items to check include leverage & margin, commissions & spreads, currency pairs offered, and minimum deposit.
To perfect the user experience, the exchange should have reliable customer service. Combined with other features, this makes it a reliable place to trade forex online.
Top forex brokers to trust in 2022
Based on the features listed above as the yardstick, here are the best forex brokers you can trust this year.
1. Interactive Brokers
Interactive Brokers is a robust online trading platform for experienced traders. It is a trusted multi-asset broker known for its thorough research offering. It offers advanced education to people using it. The research tools on this platform are also extensive.
In addition to its uniqueness in research, Interactive Brokers also has low trading fees. This accommodates even starters in this industry.
HotForex has earned its place in the list of top forex brokers for 2022 thanks to its extensive trading features. The dealer has low trading and non-trading fees. It is also pretty simple to open and start a demo or live account. It has also one some prestigious best forex broker awards over the years, making it preferable by traders, not to mention its superior customer service.
It also has a friendly platform for mobile and web trading. The interfaces for both are impressive.
3. Fusion Markets
Also making it to the list of best forex brokers for 2022 is Fusion Markets. It has low forex fees ideal for beginners. It also has web and mobile platforms that are easy to use. The educational and research tools found here are also helpful to improve trading decisions.
4. CMC Markets
CMC Markets is also a good forex broker with low fees. It also offers both web and mobile platforms for operation. The tools and research used on this platform are advanced and helpful to traders. With a wide range of products, CMC Markets is an option that can work well for both experienced and novice traders.
Verdict – Which is the best?
All these forex brokers are licensed and regulated to provide brokerage services. They all have unique features that make them ideal for forex trading in 2022. The option that a trader picks from this list should be based on personal preference, as they are all of the acceptable trading standards.