Your question: What is the biggest forex broker?

Who is the largest forex broker?

Top 10 Forex Brokers In The World 2022

  • Pepperstone – Best Global Forex Broker Overall.
  • FP Markets – Top ASIC Broker With MetaTrader 4.
  • – Great CySEC Broker With No Commissions.
  • CMC Markets – FCA Broker With Range Of Currency Pairs.
  • TD Ameritrade – Best forex broker for U.S Traders.

Which is the best forex broker in the world?

Best Forex Brokers

  • CMC Markets: Best Overall Forex Broker and Best for Range of Offerings.
  • London Capital Group (LCG): Best Forex Broker for Beginners.
  • Saxo Capital Markets: Best Forex Broker for Advanced Traders.
  • XTB Online Trading: Best Forex Broker for Low Costs.
  • IG: Best Forex Broker for U.S. Traders.

Who are the largest forex traders?

Top 10 currency traders

Rank Name Market share
1 JP Morgan 10.78 %
2 UBS 8.13 %
3 XTX Markets 7.58 %
4 Deutsche Bank 7.38 %

Is MetaTrader 4 a broker?

Is MetaTrader 4 a broker? No. MetaTrader 4 is a third-party trading platform that connects to a broker for forex trading. MetaTrader 4 is the most popular third-party platform for trading forex.

Is KOT4X a good broker?

KOT4X is an unregulated broker which means that it has not been approved by any regulatory financial authority. This isn’t the first unregulated broker we have reviewed, other brokers include Hugosway and TradersWay. Like with these brokers, we at Compare Forex Brokers, never recommend unregulated brokers.

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Is FxPro a good broker?

FxPro says they are well‑known throughout the industry as a trustworthy and reliable broker. They are regulated by the FCA, CySEC, FSCA, and SCB.

Is IG a good forex broker?

IG (U.S.) offers U.S. clients leveraged access to over 80 currency pairs. … Investopedia’s ranking algorithm factored in these characteristics in recognizing IG as the Best Forex Broker for U.S. Traders in 2020.

Is HotForex a good broker?

HotForex is considered average-risk, with an overall Trust Score of 83 out of 99. HotForex is not publicly traded, does not operate a bank, and is authorised by one tier-1 regulator (high trust), three tier-2 regulators (average trust), and one tier-3 regulator (low trust).

Who is the king of forex trading?

Shashikant Sharma, a King of Forex Trading.

Who is the richest forex trader?

The trader credited with the world’s ‘richest forex trader’ title is George Soros. Famous for ‘breaking the Bank of England’ in 1992, his short position against the pound netted him over $1 billion and led to the Black Wednesday crisis. Today George Soros’ net worth is thought to be upwards of $8 billion.

Who is the owner of forex?

The operating company, known as FXCM Group, is now owned by Jefferies Financial Group, which changed its name from Leucadia National Corporation in 2018. Global Brokerage shareholders lost over 98% of their investment since January 2015.


Type Subsidiary
Parent Jefferies Financial Group

Is Hugosway a good broker?

It is not safe to trade with Hugo’s Way, as it is unregulated. Hugo’s Way is owned by Hugo’s Way Limited which is an offshore company registered in St. Vincent and the Grenadines. … Therefore, it became an offshore zone for shady forex brokers such as CVC Markets, AAG Markets and more.

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Is pepperstone safe?

Is Pepperstone safe? Pepperstone is considered low-risk, with an overall Trust Score of 92 out of 99. Pepperstone is not publicly traded, does not operate a bank, and is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust).

What is the best MT4 broker?

Best MetaTrader (MT4) Brokers

  • BDSwiss – Best Overall MT4 Broker 2022.
  • FP Markets – Lowest Spread MT4 Broker 2022.
  • XM – Best MT4 Broker for Beginners 2022.
  • FXTM– Best ECN MT4 Broker 2022.
  • Pepperstone – Best for Scalping and EA Trading MT4 Broker 2022.