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Alison joined the team as a writer in 2021. She has a medical degree with a focus on physiotherapy and a bachelor’s in psychology. However, her interest in forex trading and her love for writing led her to switch careers and she now has over 8 years experience in research and content development. She has tested and reviewed 100+ brokers and has a great understanding of the Forex trading world.
Alison Heyerdahl September 16, 2019 10:10 AM
A trustworthy broker with MT4 and MT5 support and one of the lowest-cost trading accounts in the industry, Tickmill provides a perfect trading environment for serious beginners and more experienced traders. With two account types on offer, the Raw has market-leading trading conditions, leaving the fixed-fee Classic Account feeling out of place. The Raw account has a spread from 0 pips on the EUR/USD, a 100 USD minimum deposit, and a commission of 6 USD (round turn) per 1 lot traded. The commission-free Classic Account, also with a 100 USD minimum deposit, has a spread of 1.6 pips (EUR/USD), which is higher than the industry average. Overall, while Tickmill’s standard account is more expensive than other similar brokers, the low-cost commission account makes it an excellent choice of broker for MetaTrader users looking for a new broker.
Alison Heyerdahl September 16, 2019 08:57 AM
An excellent all-round broker with a very high trust rating, IC Markets was founded in 2007 in Australia and holds licences from some of the strictest regulators in the world. IC Markets is well-known for its low trading costs, choice of trading platforms, and wide range of trading tools. IC Markets offers a lower-cost trading environment than almost any other broker, with average spreads of [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips (EUR/USD) on its Raw Spread Account in exchange for a low commission of 6 USD (round turn) per lot.IC Markets is one of the few Forex brokers to support all three major trading platforms, including MetaTrader4, MetaTrader5, and cTrader; and offers numerous trading tools for each, including VPS services, Trading Central, and various copy trading services. Beginner traders will benefit from IC Markets’ exceptional customer support, available 24/7 to help with any account or technical queries. While its education section is more comprehensive than most other brokers, it offers a fairly limited selection of market analysis materials.
Alison Heyerdahl September 14, 2019 09:54 AM
Founded in London in 1974 and regulated by the FCA, IG is a low-cost CFD broker with a long history of providing safe and secure trading and a vast range of trading instruments. Our research found that IG has over 320,000 clients worldwide and has been the largest CFD broker in the world by revenue for the last few years. It has two low-cost trading accounts and a spread betting account with no minimum deposit requirements and offers trading on over 17,000 instruments, all of which can be accessed on its award-winning app and web trader platform. For more traditional investors, IG also runs a fully licenced stock brokerage on the side. And in addition to a wide range of trading tools, IG has a world-class selection of educational and market analysis materials to get new traders started.
Alison Heyerdahl September 13, 2019 05:38 PM
FBS is a low-risk CySEC-regulated international broker with a range of accounts, including a low-deposit entry-level account, a dedicated crypto account, and a decent range of trading platforms. However, some drawbacks are FBS’ high trading fees and the limited range of Forex pairs. Otherwise, FBS provides a welcoming environment for beginner traders, with an excellent selection of educational and market analysis materials, and 24/7 customer support.
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