Broker of the Week Oanda – Top US Forex Broker For USA Traders. - Read Full Review
Best broker for Forex & CFD


Risk warning: сonducting operations with non-deliverable over-the-counter instruments are a risky activity and can bring not only profit but also losses. The size of the potential loss is limited to the funds held by us for and on your behalf, in relation to your trading account. Past profits do not guarantee future profits. Use the training services of our company to understand the risks before you start operations.

Сlosed Joint Stock Company «FinTech Solutions» is regulated by NBRB, registered on 19.03.2019. Certificate of inclusion in the register of companies No. 16 dated 28.11.2022.

Visit Broker is a global CFD and forex broker that was founded in 2016, with offices in London, Cyprus and Belarus. It is regulated by the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the National Bank of the Republic of Belarus (NBRB). is considered safe because it is regulated by the top-tier FCA.


Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. pros and cons has low forex and stock CFD fees. The account opening process is easy and user-friendly. Customer support is also excellent, providing quick and in-depth answers.

On the negative side, the range of available products is limited to CFDs (shares, indices, crypto, commodity, forex). Price alerts are missing from the web trading platform and minor account base currencies are not provided.

Low forex and stock CFD fees      . Limited product portfolio
Great account opening
 No price alerts on web platform
 Excellent customer support Smaller account currencies
not available
.. main features and highlights
🗺️ Country of regulationUK, Cyprus, Belarus
💰 Trading fees classLow
💰 Inactivity fee chargedNo
💰 Withdrawal fee amount$0
💰 Minimum deposit$20
🕖 Time to open an account1 day
💳 Deposit with bank cardAvailable
👛 Depositing with electronic walletAvailable
💱 Number of base currencies supported          .4
🎮 Demo account providedYes
🛍️ Products offeredForex, CFD, Crypto
Overall Rating 9
  • • User-Friendly Interface
  • • Comprehensive Research and Analysis Tools
  • • Low Fees and Charges
  • • Wide Range of Products Available
  • • Regulated by Reputable Authorities
  • • High Security and Safety Protocols
  • • No Minimum Initial Deposit Requirements
  • • Access to Leveraged Trading with CFDs
  • • Multiple Account Types for Different Needs
  • • Educational Resources for New Traders.
  • • Lack of Support for Cryptocurrencies and Options Trading
  • • Not Available in All Countries
  • • Limited Customer Support Options


4.1 has low forex and CFD fees. The non-trading fees are low as well, there are no inactivity or withdrawal fees charged. On the other hand, the stock index CFD fees are not the most competitive.

Low forex and stock CFD fees       . Average stock index CFD fees  .
 No withdrawal fee
 No inactivity fee fees snapshot
AssetsFee levelFee terms
S&P 500 CFDAverageThe fees are built into the spread, 0.4 points is the average spread cost
during peak trading hours.
Europe 50 CFD        .Average        .The fees are built into the spread, 2 points is the average spread cost
during peak trading hours.
EURUSDLowThe fees are built into the spread, 0.6 pips is the average spread cost
during peak trading hours.
Inactivity feeLowNo inactivity fee

How we ranked fees

We ranked’s fee levels as low, average or high based on how they compare to those of all reviewed brokers.

First, let’s go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees.

  • Trading fees occur when you trade. These can be commissions, spreads, financing rates and conversion fees.
  • Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.

In the sections below, you will find the most relevant fees of for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.

We also compared’s fees with those of two similar brokers we selected, XTB and XM. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of alternatives.

To have a clear overview of, let’s start with the trading fees. trading fees trading fees are low.

We know it’s hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.

We selected popular instruments within each asset class:

  • Stock index CFDs:   SPX and EUSTX50
  • Stock CFDs:   Apple and Vodafone

A typical trade means buying a leveraged position, holding it for one week and then selling. For the volume, we chose a $2,000 position for the stock index and stock CFDs and $20,000 for the forex transactions. The leverage we used was:

  • 20:1  for stock index CFDs
  • 5:1  for stock CFDs
  • 30:1  for forex

These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. Let’s see the verdict for fees.

CFD fees has overall low stock CFD, but average stock index CFD fees. CFD fees for a $2,000 long position
held for one week

Forex fees has low forex fees. forex benchmark fees of a $20,000 30:1 long position held for one week
EURCHF benchmark fee$6.1$9.0$9.6

Non-trading fees has low non-trading fees. It is great that it does not charge an inactivity fee if you don’t trade for a long time, which is rare for CFD brokers. There are also no account, deposit or withdrawal fees. non-trading fees
Deposit fee

Account Opening

5 has one of the best account opening processes we’ve seen: it is simple, quick, well-designed and intuitive. We were impressed.

ProsCons    .
 Fully digital
Low minimum deposit     . accepts clients from all over the world with a few exceptions, most notably the US.

What is the minimum deposit at

The required minimum deposit is $20 if the funds are transferred via credit/debit card or Apple Pay. For bank transfer, the minimum deposit is $250.

Account types offers three account types that differ in the services available to you. The account type you have depends on – and can change according to – your account balance, so if your balance goes up, you can ‘unlock’ additional services. account types
Account balanceLess than $3,000$3,000–$10,000$10,000+
Extra services available        –Dedicated account manager,
dedicated platform walkthrough, custom analytics
‘Plus’ account services,
plus exclusive webinars and premier events

You can also open a corporate account, but you need to contact customer support directly to set this up.

Before providing services, categorizes clients as either retail or professional. Even if you are initially categorized as a retail client, you can qualify to be a professional client, which allows for example to trade at higher leverage. To qualify, you have to meet the following criteria:

  • Placed 10 trades in the previous quarter and these trades were relevant with significant size
  • Your portfolio exceeds €500,000
  • You worked in the financial sector for at least one year

How to open your account

The account opening experience at is extremely well done: it is a smooth ride, quick and easy. Our account was approved within 1 day.

Here are the steps to opening an account at

  1. Create an account, after which you can already access the live platform. This is great, as you can get to know the platform first.
  2. From within the platform, click on ‘Complete registration’.
  3. Go through a list of questions about your basic data (country of residence, employment status, financial status). The clean design here really makes the process smooth and enjoyable.
  4. Select your account currency.
  5. Finally, upload your personal ID and proof of residence documents. For ID, a passport, driver’s license, or national ID card are accepted, while for proof of residence you can provide e.g. a bank statement or utility bill. review – Account opening

Can you open an account?

Select your country of residence to see if you can open an account at!

Deposit and Withdrawal


Deposits and withdrawals are free at and many options are provided, including Apple Pay. However, only three major currencies (USD, GBP, EUR) and one smaller (PLN) are available.

Credit/Debit card available     . Smaller currencies not available
 Free withdrawal
 No deposit fee

Account base currencies

At, you can choose from 4 base currencies. These are: GBP, USD, EUR, PLN

This selection lags behind what most other similar brokers offer.

Base currencies at vs similar brokers

Why does this matter? For two reasons. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.

Deposit fees and options charges no deposit fees.

In addition to bank transfer and credit/debit card, you can also use Apple Pay to add funds to your account. deposit options

A bank transfer can take several business days, while payment with a credit/debit card is instant.

You can only deposit money from accounts that are in your name. review – Deposit and withdrawal – Deposit withdrawal fees and options charges no withdrawal fees.

The options for withdrawing funds are the same as for deposits. withdrawal fees and options

How long does it take to withdraw money from We tested the debit card withdrawal and it took 1 business day.

You can only withdraw money to accounts in your name.

How do you withdraw money from

  • Log in to your account.
  • Click on ‘Live’ in the top right corner of the screen.
  • Select ‘Withdraw Funds’ from the drop-down menu.
  • Select your withdrawal method and enter the amount you wish to withdraw.

Trading Platform

4.2 has an easy-to-use and well-designed web trading platform, with clear fee reports and a two-step login. However, it has limited customizability and lacks price alerts.

 User-friendly Limited customizability (for charts, workspace)     .
 Clear fee report No price alerts
Two-step (safer) login     . platforms to choose from
Trading platform    .Score      .Available    .
Desktop3.4Yes has its own self-developed trading platform. Besides, you can also use MetaTrader 4 platform.

The web trading platform is available in many languages. web trading platform languages

Look and feel

The web trading platform is user-friendly and has a great design. All the important functions, such as searching and portfolio reports, can be found easily.

Its biggest drawback is that you cannot customize the platform to your own needs. review – Web trading platform

Login and security provides a more secure, two-step login option, which is great.

Search functions

The search functions are good. There are pre-set categories where you can search (e.g. US stocks, indices, commodities), but there is also a search bar where you can enter your search terms manually. review – Web trading platform – Search

Placing orders offers the basic order types, with no advanced ones like One-Cancels-the-Other (OCO) available. You can use the following order types:

  • Market
  • Limit
  • Stop
  • Guaranteed stop

To get a better understanding of these terms, read our overview of order types.

The web trading platform has only one order time limit you can use, which is Good ’til time (GTT). review - Web trading platform - Order review – Web trading platform – Order panel

Alerts and notifications

You cannot set price alerts and notifications on the web trading platform. This is a miss in our view as it is a useful feature for users.

Portfolio and fee reports has clear portfolio and fee reports. They can be found under the ‘Reports’ tab, and you can immediately send it to yourself in an email and download it as a CSV file, which is very convenient.


Mobile trading platform’s mobile trading platform is user-friendly, has a modern design, provides two-step login as well as price alerts.

 User-friendly Touch/Face ID login only on iOS    .
Two-step (safer) login     .
 Good search function

Similar to the web platform, has its own self-developed mobile trading platform.

The mobile platform is available in many more languages than the web platform. mobile trading platform languages

Look and feel

The mobile trading platform is user-friendly. Similarly to the web platform, it is easy to use even after a short learning period. review - Mobile trading review – Mobile trading platform

Login and security provides a secure, two-step login for its mobile platform. Also, you can set biometric authentication on iOS platforms.

However, it would be great if this feature would be available on Android devices as well.

Search functions

The search functions are good. There are pre-defined categories, such as Top Risers/Fallers or Most Volatile, or you can also search manually. review - Mobile trading platform - review – Mobile trading platform – Search

Placing orders

You can use the same order types and order time limits as on the web trading platform. review - Mobile trading platform - Order review – Mobile trading platform – Order panel

Alerts and notifications

You can set alerts and notifications on the mobile platform. To set up the alerts, you have to click on the asset and select the price level you would like to get notifications about.


Desktop trading platform’s desktop trading platform is provided by MetaTrader. It is highly customizable, has a clear fee report and you can set price alerts. On the other hand, it lacks a two-step login and the design is outdated.

 Clear fee report No two-step (safer) login    .
Good customizability
(for charts, workspace)      .
 Poor design
 Price alerts doesn’t have an own-developed desktop trading platform, it provides MetaTrader 4 desktop trading platform. MetaTrader 4 is available only for clients under CySEC. desktop trading platform languages
(Simplified and

Look and feel’s desktop trading platform has great customizability. It is easy to change the size and the position of the tabs.

However, the platform feels outdated and some features are hard to find. For example, it took some time until we found how to add an asset to the watchlist. review - Desktop trading review – Desktop trading platform

Login and security provides only a one-step login. A two-step authentication would be more secure.

Search functions

The search functions are OK. You can find the assets in categories. However, categorization is a bit confusing as there are several forex categories. We also missed the usual search function when you can type in the asset names manually. review - Desktop trading platform - review – Desktop trading platform – Search

Placing orders

Here, you will not find very sophisticated orders like one-cancels-the-other. The following order types are available:

  • Market
  • Limit
  • Stop
  • Trailing Stop

Trailing Stop is available only in the MT4 desktop platform

If you are not familiar with the various order types, read this overview.

There are also order time limits you can use:

  • Good ’til canceled (GTC)
  • Good ’til time (GTT) review - Desktop trading platform - Order review – Desktop trading platform – Order panel

Alerts and notifications

You can set alerts and notifications in the form of email, push notifications to mobile, or notification to the desktop platform.

To set email or mobile notifications, you have to add your email address and your mobile MetaQuotes ID (it can be found in the MT4 app’s settings). You can add them if you go to ‘Tools’ and then ‘Options’.

Portfolio and fee reports has clear portfolio and fee reports. It is easy to find your profit-loss balance and the commissions you paid. These reports can be found under the ‘Account History’ tab: right click on one position, then choose ‘Save as Detailed Report’.

Markets and Products

2.2 has an impressive selection of CFD, forex and crypto products compared to other CFD brokers. However, it lacks popular asset types like real stocks, ETFs and funds. is a CFD and forex broker. To learn more about CFDs, read our CFD trading tips.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. has a great selection of CFD and forex products compared to other similar brokers. product selection
Currency pairs (#)1424957
Stock index CFDs (#)344228
Stock CFDs (#)3,0001,8001,240
ETF CFDs (#)87114
Commodity CFDs (#)     ,532215
Cryptos (#)8425

FCA bans the sale of crypto-derivatives to UK retail consumers from 6 January 2021.

You can change the size of the leverage, which is great.

Changing the leverage is a very useful feature when you want to lower the risk of your trade. Be careful with forex and CFD trading, as the preset leverage levels are high.


5 has great research services. Its charting tool is easy to edit and it has a quality news flow. There are also great fundamental data and trading ideas.

 Good interactive chartNone      .
 Trading ideas
Data on asset fundamentals       .’s research tools are available on its web trading platform. Just like the platform itself, every tool is easy to use, and the language options are also the same as on the web platform.

Trading ideas provides trading ideas through Trading Central, a third-party research provider. The ideas are based purely on technical analysis and cover certain commodities, stock indices, as well as most FX pairs. You can find them if you click on ‘Insights’ and then ‘Analysts Views’. review - Research - review – Research – Recommendations

In addition, there are high-quality analyses about market events and assets on TV. These analyses can give you insights into what and how to trade. review - Research - review – Research – TV

Fundamental data

The best place to access fundamental data is’s economic calendar. We really liked the feature that allows you to gauge historical volatility and trends: for example, if you see that of Japan interest rate decision is coming up, you can click the ‘impact’ button and see how the USD/JPY price evolved after recent decisions.

We missed fundamental data on stocks, however. review - Research - Fundamental review – Research – Fundamental data

Charting has good charting tools. It is easy to edit the chart and you can use a lot of technical indicators. review – Research – Charting

News feed

The news feed is available by clicking on the ‘Discover’ menu icon. It is very well-designed and unique as not only is the news easy-to-read and integrated into the platform, but it also includes relevant images and charts. review – Research – News

We liked’s news feeds, provided by Trading Central. You can find them under the ‘Market Buzz’ section.

Not only can you filter the news feeds for a specific asset, but you are also shown a sentiment score for that asset. For example, if all the articles are bullish/positive, then a 100% positive score is given.

Additionally, there’s a tool called Trend Analysis that bluntly says if the asset “might fall” or “might rise” x or y%. The somewhat sensationalist headline is based on technical analysis by AI software that is also presented among trading ideas.

Overall, we wouldn’t say that the quality of the information presented in ‘Market Buzz’ is good enough to base your trading decisions on, but it’s still much more useful compared with other MetaTrader brokers’ news feeds. review - Research - Market review – Research – Market buzz

Other research tools you will enjoy

There are trading statistics on’s trading platform, such as the most traded or most volatile assets. You can find these statistics under the ‘Discover’ section. review - Research - Trading review – Research – Trading statistics

Customer Service

5’s customer service is exemplary, one of the best in the business. We received fast and comprehensive answers on every channel, and support is available 24/7.

 Phone supportNone    .
 Live chat
Fast response time    .

You can contact via:

  • live chat
  • phone
  • email

Additionally, you can also reach the broker on various other channels such as WhatsApp, Telegram, Facebook Messenger or Viber, which is a big plus. has a great live chat service – any time we asked a question, day or night, we always got a response and were connected with someone within minutes. The relevancy of the answers was satisfactory.

Phone and email support were also fast and provided relevant answers. On the phone, we were connected within a minute, while by email we received replies with 10-20 minutes, even to more complicated queries.

Support is available 24/7, which is great. review – Customer Service


4’s education services include a demo account as well as videos and courses. However, a walkthrough video for the trading platform is available only for premium accounts.

 Demo account No trading platform tutorial videos      .
Educational videos      .

At you can learn in the following ways:

  • Demo account
  • General educational videos
  • Webinars
  • Quality educational articles
  • Glossary
  • Learning courses (on different topics, ending with a quiz)

It is always good to have the option to try out and learn the trading platform for free before signing up, so providing a demo account is a plus.

Educational articles are mostly grouped by asset type (e.g. forex, commodities, shares), and include integrated videos.

There is a platform tutorial walkthrough video available, but only if your balance exceeds $3,000 and you qualify for a premium account. review – Education

Safety is regulated by the top-tier FCA and offers negative balance protection. On the negative side, it does not have a banking license and publishes no financial information.

Majority of clients belong to a top-tier        .
financial authority
Does not hold a banking license     .
 Negative balance protection Not listed on stock exchange
 Financial information is not
publicly available

Is regulated?

Yes, it is regulated by the UK’s Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).

Is safe?

To be certain if a brokerage is safe, we highly advise that you check two facts:

  • how you are protected if something goes wrong
  • what the background of the broker is

How you are protected

Whether you are covered by investor protection and to what amount depends on the legal entity you belong to. You can check out the available countries and regulators this handy spreadsheet. investor protection
Country of clientProtection amountRegulatorLegal entity
UK£85,000Financial Conduct Authority (FCA)Capital Com (UK) Limited
EEA and some other selected countries€20,000Cyprus Securities and Exchange Commission (CySEC)Capital Com SV Investments Limited
All other countriesNo protectionNational Bank of the Republic of Belarus (NBRB)Capital Com Bel CJSC provides negative balance protection. If the balance on your account goes into negative, you will be protected.

Background is a relatively new company, as it was established in 2016. It has offices in London, Cyprus and Belarus. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises.

Bottom Line is a great CFD and forex broker, regulated by the FCA, a top-tier authority.

On the plus side, the stock CFD and forex fees are low, the account opening is very user-friendly, and customer support is exceptional.

On the other hand, offers only CFD, forex, and crypto asset classes. Minor account base currencies and price alerts are missing from the web platform.

As there is no inactivity fee and account opening is quick, feel free to try is a global online broker that offers CFD trading on a range of financial instruments, including forex, stocks, commodities, and indices. The company was founded in 2016 and is headquartered in Cyprus. is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the United Kingdom. The company offers a range of trading platforms, including the popular MetaTrader 4 platform, as well as educational resources and customer support to help traders make informed decisions and improve their skills. is known for its innovative technology and user-friendly trading platform, which is designed to make it easy for traders of all levels to buy and sell a variety of financial instruments.

Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose.

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