Online forex trading has been available to individual traders since the 1990s. The number of online brokers has risen sharply in recent years and choosing a broker has therefore become increasingly complicated. However, strong competition between brokers and dealers has significantly improved trading conditions as well as the services that are available to traders. Currently, it is possible to invest, with just one click, in all of the financial markets with a single trading platform. Thanks to the leverage which forex margin accounts provide, the initial capital required to open an account is not very high. On this site, you will find: articles to learn about forex trading, real time news, as well as free and personalised advice so that you can more effectively train yourself to become a forex trader.
Read our beginner’s guide to forex trading to learn the basics of forex trading. If you have any questions related to forex trading or this website, feel free to let us know by email or on our forex forum. CFD trading comes with a high risk of losing money, it is therefore not for all investors. Many things changed since we originally wrote this article back in 2015, and the ranking of the largest forex brokers is not the same anymore. The most important change that affected trading volumes was the harsher regulatory environment in Europe that forced brokers operating in the EU to greatly reduce the maximum leverage offered to their clients.
This resulted in European brokers operating under multiple licenses. However, the result of the tough EU regulation was the emergence of Australian brokers as the global leaders in terms of growth. Australian regulation is seen as strong and reliable while not being excessively restrictive. Right now, some of the largest and most successful brokers in the world are Australian. IC Markets is the largest forex broker in the world by trading volume according to our research.