![]() ![]() Yet to trade Forex profitably, a broker must be used.Ī Forex broker connects traders to the Forex market and enables trading. Such options include banks, exchange offices, and peer-to-peer exchanges. Forex traders should go to the regulator's website and cross-check their database to ensure their Forex brokers have regulatory oversight.įorex trading without a broker is theoretically possible but so expensive and inefficient as to be a complete waste of time. Regulated Forex brokers list their regulators and license numbers on their websites. How do I know if my Forex broker is regulated? You might also be interested in our Top Brokers List for 2022. It is highly recommended that you read them, open a demo account with several different Forex brokers, and only then begin trading the Forex market. You can rest assured that the broker reviews listed below were conducted with the utmost level of professionalism and objectivity. The following is a comprehensive Forex brokers list.
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