In the fast-changing landscape of the forex market, it is important to stay up to date on which brokers are the best. But how do match the best forex broker 2022? What qualities should it have?
In this article, we are going to introduce you to the list of the 5 best forex brokers 2022 and tell you about the qualities thanks to that they deserve this title.
Qualities possessed by the best forex brokers
Looking ahead and answering the question ‘’what qualities should a broker have to be considered good or even one of the bests?’’ we have highlighted a few points that matter that is must.
- availability of licenses and regulation
- adequate customer service
- demo account accessibility
- simple withdraws
- ease of deposits
These are the key qualities every brokerage company must have in order to be worth as the best broker in 2022.
5 best forex brokers in 2022
Below is the list of brokerage companies that have all the above qualities and even more. After reading a brief description of each, you can easily determine the choice of one of them as your ‘’guide’’ in the Forex world.
Let’s go through each now:
1. HFM
HFM is a brokerage company that offers more than 1200 trading products and 18 different trading tools which makes it a very diverse broker. It also provides complete asset security for all needs, through innovative platforms like MT4 and MT5.
The company offers high-quality customer support, which is important, especially for newbies. Beginners will feel confident when trading with HotForex.
HFM also offers a demo account, which allows both beginners and pros to trade in a risk-free environment. Anyone can test out their strategies and see how they work before you start trading with real money. This is a great way to learn about the markets and how to trade.
Overall, HFM is a great option for beginner and experienced traders alike. It offers a wide range of features and services, and its customer support is excellent. If you’re looking for a broker that can offer you a complete trading experience, HFM is the best choice.
Rating: 5
2. IG Markets
IG is one of the best brokerage companies as well. It has licenses in all the countries it operates, so anyone can invest without worrying about the rules in one country canceling out investments made elsewhere.
The broker offers full access to the currency market and supports over 80 currency pairs. Novice traders will estimate its intuitive mobile and desktop platforms, while experienced traders will revel in the platform’s selection of indicators and charting tools.
Rating: 4.7
3. CMC Markets
CMC Markets is a well-known and respected company that provides a great trading experience. This is thanks to its excellent prices and selection of over 12,000 tradeable instruments. CMC Markets is perfect for all types of traders, from the newbies who want to try out forex, CFDs, and spread betting, to the more experienced trader who wants to have a broad range of products to choose from.
The company is FCA regulated and offers high-level protection for traders’ accounts.
Rating: 4.8
4. XM Markets
XM Markets has a variety of services to help with every aspect of trading, from beginners to experts. They provide guidance on how to use their technology toolsets, so you can make the most of your trading experience. Whether you’re just getting started or looking to take your trading to the next level, XM Markets has something to offer – that’s why it is on our list of best brokers 2022 too.
Rating: 4.7
5. Saxo Bank
Saxo Bank is a company that helps traders trade different products. These products include stocks and CFDs. Saxo Bank has a great portfolio that can meet the needs of any trader. The trading experience at Saxo Bank is excellent, thanks to their well-designed trading platform. The research services offered by Saxo are also superb, with their own research team constantly providing trading ideas.
Rating: 4.7
HFM as the best forex broker 2022
As it was mentioned above, HFM provides the best possible trading experience for both beginners and experienced traders. They offer many different types of instruments, which provide an affordable way into investing in foreign exchange markets. The broker also has helpful customer support services designed so that no matter what your level might be – you can get everything needed with HFM without ever having any trouble.
To summarize, we will add that according to our research – HFM is the best forex broker 2022.
Conclusion
The qualities of the best forex brokers in 2022 should be determined by careful analysis and research. However, the points that were introduced in the article and the list of brokers we have highlighted may make your searches to find the one that suits your needs the best easier enough.
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Source: Vietnam Insider