Traveling is one of the most popular activities for many people and in recent days, due to pandemics, many people are learning to trade forex. Those two combine perfectly, since you can trade forex from almost everywhere in the world. That’s why I decided to gather the best forex broker for beginners, so you can start today your traveling and trading journey.
The Forex market is one of the markets with the highest liquidity in the world. It is a 24-hour market that trades currencies from around the globe. Forex brokers allow traders to trade currencies with other traders around the world. Some brokers offer more favorable trading terms than others, and some offer services that are more appealing to certain types of traders.
Choosing a broker for beginners can be tough, but it doesn’t have to be. This article will provide you with a list of the best forex brokers for travelers, so you can choose one that suits your needs.
Best Forex Broker if You are Traveling Abroad
IQ Option
IQ Option is a binary options broker founded in 2013. The company is registered in Cyprus, and it’s regulated by CySEC. It offers trading assets for you to choose from: cryptocurrencies, forex, and CFDs.
IQ Option provides traders with an easy-to-use web interface, a variety of trading instruments, and competitive spreads on the market. Also, you can trade on the go with its mobile and tablet apps.
Saxo Bank
Saxo Bank is one of the leading online trading and investment platforms in the world. Have been awarded as “Best web-based trading platform”. It offers a wide variety of trading assets like shares, forex, commodities, and other financial instruments. The company has a presence in many countries and offers its services to millions of customers.
The Saxo Bank trading platform is available for both mobile and desktop devices. It is easy to use, with a user-friendly interface that has all the features and instruments you need to trade successfully.
CMC Markets
CMC Markets is a leading provider of online trading platforms and a range of related services for retail, professional and institutional traders and investors.
The brokers offer access to global markets and a huge variety of assets like equities, indices, commodities, and currencies all in a single platform. It also provides clients with a ton of trading tools, indicators, and research services.
Interactive Brokers
Interactive Brokers is a leading broker and one of the largest in the US markets. Interactive Brokers provides a wide range of trading platforms from its own proprietary.
The company’s own platform, Trader Workstation (TWS), is an advanced desktop platform that can be used by professional and retail traders with high-frequency requirements and large account sizes. TWS includes all of the features found on other platforms, as well as additional features that are not available on any other platform.
