5 Forex Traders to Consider when You’re Ready to Start Trading

When it comes to FOREX and futures markets, ATC Brokers may be your way to go.

The 1970s were well-known as the time of real flesh-and-blood brokers, telephones and clacker boards. For many traders, service was a huge deal, and ATC is regarded as having the best service seen in the industry.

MB Trading was once called EF Group, before it was acquired by MB. It’s a rather young but antagonistic FOREX broker. Like other platforms, there’s been some growing pains, but it appears their operations have finally gotten their acts together.

MN Navigator, its original in-house platform, was practically a disaster. However, the platform started using the commission-free MT4 ECN.

Interactive Brokers is a full-service brokerage platform that has an array of products pandering to both institutions and individuals. IB’s fame came from the universal account, allowing a trader to work with an array of investment vehicles.

An account can be used with any major currency, switching the currency at any point in time… for a minor fee. It opens up a new level to trading for experienced investors.

FOREX.com is part of Gain Capital, but is noted as being a smaller retail subsidiary. When compared to other broker platforms, FOREX.com’s forum appears to have a higher than average amount of complaints.

However, remember that you can’t please everybody. Forex.com only hires highly-skilled and experienced representatives.

PFG Best was once a commodity futures house that got into the FOREX business a little while back.

PFG nitpicks on compliance and details. You may find it taking you a little longer to get an account open than you would with other brokers, but their process is generally smooth. In 2010, a minimum open account was $2,500, and there was a 10,000 minimum lot size.