The global forex market sees trillions of dollars, yen, pound, euro and other currencies being infused. These are the top currencies that form great currency pairs, including EUR/USD (which holds almost 60-70 per cent of investment). The rest of the capital gets invested in other currency pairs. The reward ratio is another reason why people want to put their money into it. The best forex trading brokes in Europe can help in making huge profits.
If you are entering the world of the currency market, it is more pivotal to choose the best forex trading brokers because they ensure huge profits. Also, trading becomes easy, and you can make good growth.
How to choose the best forex trading brokers in Europe?
For choosing the best forex trading brokers in Europe, you should follow some norms. Not all brokers that you choose come with advantages. Several of them tip-toe mediocrity. Thus, traders do not get any help from many brokerage firms. Here are some guidelines:-
Check the regulations
Before selecting the best forex trading brokers in Europe, you should check whether these brokerage firms are genuine or not. One of the best ways to check that is to find the regulatory authorities. Any financial service provider that is not associated with a regulatory authority like CySEC, FCA, etc., does not follow the European Union guidelines (EU), which is a red flag for traders.
Moreover, a user must be wary about license and registration numbers. Any broker that provides financial services without the two is not worth trusting. So, it is immaterial whether the services displayed by a fraud broker are too good; if registration number or licensing is missing, do not trust, that’s a trap.
Furthermore, if the promises made by a broker are too superficial, it is better to stay away from them. There’s a limit to offering benefits, and if someone makes unbelievable promises, they are fake. You should be near to reality. Thus, your focus must be on features, trading amount and tools that can help you reach the goal of trading.
Customer service
If you want to trust a broker, always check the customer service. Once you find the support is great, those are the best forex trading brokers in Europe. A customer care executive should be able to answer all your queries and get back to you as soon as possible. Also, even if the reply is not available, there should be a satisfactory response. Unfortunately, most of the brokers fail because their help desk does not care about clients.
Thus, market players opt-out of them. Here are a few brokerage firms that qualify for the best forex brokers in Europe. The brokers mentioned below are all regulated. They have registration and license numbers. Thus, they are available for trading and people with any experience can trust and start trading with them. Here are a few brokers that provide relentlessly and up to expectations services to their clients in European countries.
- Capixal
- Brokereo
- InvestBy
- ROinvesting
- TradedWell
- ETFinance
Capixal overview
The broker Capixal is renowned for its excellent services offered to clients. It provides some of the finest indicators that help in trading. In addition, it helps in optimising forex trade with customisable features and good platforms. IFC Investments is the owner of the brokerage firm, which is a reputed company. So, traders can relax and trade easily with Capixal.
Forex currencies offered by Capixal
USD/CAD, EUR/GBP, GBP/USD, EUR/USD, AUD/USD, USD/CAD, NZD/USD , USD/JPY
Advantages for trading with Capixal
- More than 350 trading assets are available
- Commission-free trading
- Free education hub
- Regulated by CySEC
- MetaTrader4 platform for trading
- Trade on more than 45 forex currencies using CFDs
Trading Accounts
The broker has three types of trading accounts for subscribers. They are silver, platinum and gold. Their features are based on the utility of a user’s experience and skills. Some of the features are:-
- Hedging is available to traders
- Islamic account is also there for Muslim market players
- Free VPS facility
- Webinars and videos for educating traders
- News alerts frequently
- The execution model is NDD
- Fifth decimal is there
- Account currency offered is USD
- Professional traders get 1:200 leverage
- Retail traders receive 1:30 as leverage
- The maximum swap discount is 50 per cent
- A dedicated account manager is available
Brokereo
Brokereo is one of the best trading brokers in Europe. The owner of the broker is prestigious Neo Premium Investments. The company takes care of all its activities and tries to provide immaculate services compared to the competition in the market. It has been in the industry for a while and has got recognition among all groups of traders through its forex trading.
Forex currencies offered by Brokereo
USD/CAD, EUR/GBP, GBP/USD, EUR/USD, AUD/USD, USD/CAD, NZD/USD, USD/JPY and many more.
Advantages for trading with Brokereo
- You get a dedicated account manager for helping you with the workload
- Receive customised investment news for better guidance
- There are no deposit limits. So, explore your pocket and make profits in forex
- Offers Islamic account to Muslims
- Customer support is available 24/5
- MetaTrader4 available for trading
- Zero commission
- Free demo account for practising before going to trading in the real market
Trading Accounts
The broker offers three different trading accounts that know how to make fruitful trading for a trader. They are gold, platinum and silver. Based on the utility, every market player can customise several features provided these accounts for forex. Some features are:-
- Minimum spreads begin from 10 points
- The forex leverage is good and ensures traders make benefits
- Personal managers are there for traders
- Webinars and videos are available
- Customer support is good
- Swap discount is up to 50 per cent. So, extra savings for traders
- Availability of Islamic account for the followers of Islam
- Zero commission on depositing any amount or withdrawing that anytime
InvestBy
TechFX LLC is the owner of the broker, which is known for providing services that are conducive for all traders and investors alike, precisely those who trade foreign exchange. Thus, it makes for one of the best forex trading brokers in Europe.
You can trade with the brokerage firm because the investment is low and profits can be bigger using CFD trading. So, that’s one of the advantages that traders can consider while investing with the broker in the trading market.
Forex currencies offered by InvestBy
USD/CAD, EUR/GBP, GBP/USD, EUR/USD, AUD/USD, USD/CAD, NZD/USD, USD/JPY and several others for trading.
Advantages for trading with InvestBy
- Professional customer support
- No hidden fees or charges
- Explore limitless market perspectives
- Safe transactions
- Intuitive face
- High leverage
- Power of security
- More than 350 plus financial assets
Trading Accounts
The broker is laced with three brilliant accounts that offer facilities of customisation. Thus, the user has all the rights to present the brilliant act in trading. That’s the advantage that helps them grow their wealth in the financial market and makes InvestBy amount the best forex trading brokers in Europe.
- Quality support and guidance
- Presence of the 5th decimal
- Commission on deposits and withdrawals is zilch
- Hedging is allowed
- Receive a desiccated account manager
- The maximum leverage for professionals is 1:100
- The average execution speed is 0.06 seconds, which is quick
- Fifty per cent swap discount is also available