Some of my go to forex brokers in 2021 including Fxview, Pepperstone, and more.

Noah Muller
3 min readFeb 17, 2021

We all know that choosing the right forex brokers can be very troublesome but also a very pivotal process because you are about to put your funds into a forex broker. And you do not want to put them in brokers with bad trading conditions or anything that is troublesome, would you?

Also, I would definitely recommend having multiple brokers to diversify your funds and also being to find out which brokers feel the better, in comparison.

Here I am sharing some of my recommendations on forex brokers in 2021, in terms of their trading conditions and other various factors from the like of charges to withdrawals process.

FXVIEW

This broker has been my favorite since day 1. Without making bias too obvious, this broker is regulated with CySEC, FCA, BaFin, and more. They offer various instruments including forex, commodity, and indices with the spreads starting from 0.1 pips in majority of them. Their commission is one of the lowest I have seen from most of the brokers, with offering $2/100k RT. You can trade with MT4, MT5 or ActTrader with them. The only downside is that US Clients cannot open the account with them and they do not have stocks (indices are the only they are offering) or cryptos.

PEPPERSTONE

This broker has everything that you want — stocks, cryptos, forex, and commodities. Regulated with ASIC, FCA and DFSA offering quite good spreads starting from 0.0 pips. One of them things to know about them is that they are award winning brokers that they proudly showcased on their website. They offer three trading platforms — MT4, MT5 and cTrader.

The downside with them is that their commission which is $7/100k RT — quite higher when you compare it to Fxview, and that they have a high minimum deposit. They do not accept US Clients. Also, they do not have a live chat facility which is a mandatory requirement for me.

FXPRO

I have recently tried them out and they seem good apart for the most part. First of all, they are regulated with FCA, CySEC, FSCA and SCB. They have won many awards for their good online presence and strong customer support. They also have a wide range of instruments offering cryptos, which is very good.

But I do notice that their spreads tend to be high quite sometimes, and also the commission is very high — $9/100k RT. Also, their minimum deposit is $100.

ICMARKET

They are another good forex broker regulated with CySEC, FCA and ASIC. Their trading conditions are quite good, somewhat similar to Pepperstone. The commission being $7/100k RT and the spreads ranging from 0.0 pips. They offer three trading platforms — MT4, MT5 and cTrader.

The downside with them is that they do not offer a negative protection balance.

These brokers listed are not taken in the order, rather they are few brokers that I can comfortably put my funds in for trading and other activities. Should you know something is up with these brokers, please let me know in the comments. I hope this article helps you out in understanding and choosing the forex broker wisely.

While I close this up, I do hope people had a pleasant time reading this topic.

Happy trading!

--

--