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Accueil ENGLISH Economy 7 Top Forex Trading Brokers for Togan Traders

7 Top Forex Trading Brokers for Togan Traders

Overview

Forex trading has been exploding in countries around the world, including in African countries such as Togo. For traders who are looking for the best forex brokers to facilitate their trades, the following list will prove to be quite helpful.

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Exness

Exness is a reputable and well-regulated broker that offers traders with a variety of financial instruments which can be traded. These can be traded through powerful trading platforms using Exness’ comprehensive solutions and competitive rates.

Pros and Cons

PROSCONS
Low minimum deposit requiredSome regions subjected to deposit fees
Free withdrawals 
Well-regulated 

Plus500

Plus500 has been in operation since 2008 and is a multi-regulated ECN and STP broker offering traders with more than 2,000 forex and CFD instruments. These instruments can be traded through a powerful, flexible, and user-friendly proprietary trading platform.

Pros and Cons

PROSCONS
Well-regulatedUS clients not accepted
More than 2,000 financial instruments offeredFixed spreads not offered
Excellent customer supportLimited education

XTB

XTB is a multi-regulated STP, ECN, and DMA broker that is also one of few listed on a stock exchange. XTB offers Togan traders with the opportunity to trade in global markets, using its comprehensive and competitive trading solutions and conditions.

Pros and Cons

PROSCONS
Competitive spreadsUS clients not accepted
Strict regulationFixed spreads not offered
Negative balance protectionLimited exotic forex pairs

eToro

eToro is a reputable broker and the leading online social trading platform in the industry. eToro offers competitive trading conditions, a powerful trading platform, and numerous social trading opportunities to traders from around the world.

eToro offers traders with a variety of financial instruments, a large online trading community, and the advantage of commission-free trading. eToro is well-established and connects traders from around the world to global financial markets quickly and cost-effectively.

You might like: Forex Trading for Beginners in Africa

Pros and Cons

PROSCONS
Strict regulationUS clients not accepted
Commission-free tradingLimited leverage for non-professional traders
Large online trading communityFixed spreads not offered

City Index

Established in 1983, City Index is one of the oldest and most trusted STP and ECN brokers in the industry, offering a range of tradable financial instruments, reliable execution speeds, award-winning platforms, and competitive trading conditions.

Pros and Cons

PROSCONS
Tight spreads and low feesNo US clients
Negative balance protectionLimited funding methods
Range of trading tools and resourcesFixed spreads not offered

AvaTrade

AvaTrade is a multi-regulated, multi-award-winning Market Maker and STP broker that is based in several jurisdictions, offering traders from around the world with competitive trading conditions.

AvaTrade has become one of the most popular brokers in the industry and offers traders with more than 250 financial instruments that can be traded seamlessly through a choice of flexible, reliable, and powerful trading platforms in addition to offering its own advanced, innovative proprietary trading platform for use.

Pros and Cons

PROSCONS
Multi-regulatedUS clients not accepted
Negative balance protection offeredVariable spreads are not offered
Fast and reliable trade execution speedsOnly one account for retail traders and one for professionals

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Sonny Poole
September 9, 2021 10:14 am

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