How to trade Forex

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There are different types of trading, there is the so-called stock trading, which is divided into forex stocks or trading stocks of companies such as Google or the social network company like Facebook, and there is another type of trading that is the Trading in commodities such as oil and coal.

 

There are many platforms that allow you to invest in forex stocks or currency trading and the importance of these platforms lies in their role as intermediaries between you and the companies that trade the companies and commodities while receiving a percentage of the Profits, and this means that the return to you, whether it is a profit or a loss, affects them too, which confirms the credibility of these platforms.

 

And now we will show you the best forex trading companies in the world that you can count on when investing:

 

First: UFX Company

One of the best forex trading companies in the world established in 2007, this company is one of the leading companies in this field so you will benefit from investing in this company and we will mention some of the pros and cons of this company:

 

Company features:

 

It allows you to create an Islamic account as well as a regular account.

You can start investing with the demo account before you start with your actual account.

Leverage is 1:400.

You will receive a deposit bonus of up to 30% of the funds deposited to start, which means that if you deposit $1,000 you will receive a bonus of $300.

The trading platform is very simple and easy, especially for beginners, and you will have no problem.

MifID Regulatory Authority.

Disadvantages of the company:

 

You may have the only downside of the company, if you are a US citizen or live in the US, you cannot trade in this case due to the strict US legislation and laws.

 

 

Second: FXCM Company

Founded in 1999 in the United States of America, this company offered those who hold American citizenship an opportunity to invest in Forex stocks and currencies and for this reason it is also considered one of the best forex trading companies in the world, and here are some of their pros and cons:

 

Company features:

 

You can invest with this company for a nominal amount as low as $50.

You can also start with a demo account first before using the real one.

It also offers the MetaTrader 4 trading platform.

Leverage is 1:200.

Regulatory Authority FCA, NFA, ASIC, SFC, ACPR.

Disadvantages of the company:

 

The company’s trading platform is not available online, so this platform must be installed on your device.

It is not possible to create an Islamic account.

You can never get enough training tools.

There is no bonus when depositing funds to trade.

You can register to trade on this platform and invest from here

 

Third: XM. Company

As one of the trading companies in Cyprus that has been one of the leading companies in this field since its first appearance in 2009, this company offers you many advantages, but you will also face some disadvantages when dealing with it, as follows:

 

Company features:

 

You can create an Islamic account and a standard account.

You can also invest with the demo account before using your real account.

One of the key features of this company is the ability to invest with as little as $5.

Leverage 1:888

The presence of direct technical support.

Trading platform: MetaTrader 4

Disadvantages of the company:

 

This is one of the most reliable companies that you can count on as we have not found any flaws with this company so far.

 

Fourth: Markets Company

Also one of the leading Cyprus based companies founded in 2010 and despite its many similarities to other global trading platforms; However, there are things that set it apart from others as follows:

 

Company features:

 

You can create an Islamic account and a standard account.

You can start investing with as little as $100 notional amount.

You can also invest with the demo account before using your real account.

Leverage 1:200

CySEC, FSB

Trading platform Sirix MetaTrader 4

Disadvantages of the company:

 

Although this company excels in forex trading, it has aOne of the worst cons is the lack of live technical support, so you might have to wait more than an hour to find someone to answer your queries.

 

Fifth: Trade.Society

Another company founded in Cyprus in 2009 that has proven to be very successful in this field. Here are some of its main advantages and most serious disadvantages:

 

Company features:

 

You can create an Islamic account and a standard account.

You can start investing with as little as $100 notional amount.

You can also invest with the demo account before using your real account.

You will receive a deposit bonus of up to 10% of the amount deposited to the company, meaning if you deposit $100 to the company you will receive $10.

CySEC, MiFID

Trading platform Sirix MetaTrader 4

Direct technical support

Disadvantages of the company:

 

One of the downsides that you face with this company is that the number of promotions is limited.

There is no leverage.

 

Sixth: Tradeo.Company

One of the best forex trading companies in the world specially incorporated in Cyprus that offers you many benefits including the following:

 

Company features:

 

You can create an Islamic account and a standard account.

You can first open a demo account as a test account instead of the real account.

Leverage 1:200

The company includes Sirix’s MetaTrader 4 trading platform

CySEC

The presence of direct technical support.

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