Best Forex Brokers

Here is a selection of the best forex brokers available, featuring competitive inter-bank-grade spreads, wide product ranges, and award-winning software.

When looking at the available forex brokerages, there are several obvious categories of companies that should be looked at the best in their class.

The top picks here are personal in nature, without mathematical yardsticks to compare the brokerages with.

However, these companies have proved themselves with their performance and forex trading execution over the years, making them tried and trusted sources of quality forex brokerage services.

The top picks for best forex brokerages are:

• Goldman Sachs (full service brokerage for larger clients and institutions, FX derivatives trading house, and foreign currency denominated bond and equity issuance investment bank)
• CMC (middle-market forex brokerage, offering services from the beginning trader to the forex professional)

Best Forex Brokers - Goldman Sachs

Over the years, they've gained awards and nominations for providing the best forex service to their clients, including the being named in the 2003 Global Investor's Annual Poll the Best Overall FX Service.

Their forex trading execution is top notch, the research is outstanding, and they are the leaders in electronic trading platform design.

As for the latter, the electronic trading platform is called WebETSM, and was voted number one by Global Investor survey for best single bank e-dealing platform, 2002, and it won the euromoney.com Internet award 2001 for best site for FX cash execution.

Best Forex Brokers - CMS

Established in 1989, CMC Group has evolved into one of the world leaders in real-time Internet trading.

They have also been pioneers in commission free forex trading (in small account size markets), where they make profits on spread, even when their trading size is of the mini forex account type.

What distinguishes the company from the many other similar forex trading brokerages is their trading platform, the award-winning Market Maker trading platform, which provides a really easy, but professional-grade access to live trading quotes, live charts, and market news.

Their back-office functions are also top-notch, with simple enough interface for the beginning trader to quickly master the reports.


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