com 77 Markets. com 98 XM Group 90 Pepperstone 93 FxPro 90 Tickmill 82 Fineco Bank 92 HYCM Henyep 86 DooPrime 84 HFM 85 FlowBank 77 BDSwiss 83 Vantage 83 TMGM 79 Trading 77 Moneta Markets 71 Trade Nation 83 BlackBull Markets 74 ACY Securities 75 Eightcap 87 ThinkMarkets 86 VT Markets 71 easyMarkets 84 Exness 74 Spreadex 70 IronFX 84 RoboForex RoboMarkets 69 Trade 75 GKFX 66 AxiTrader 83 Vestle 79 FXOpen 80 TeleTrade 67 OctaFX 67 Forex4you 62 LegacyFX 75 FXPrimus 69 Alpari 67 GBE brokers 69 TopFX 67 ATFX 70 UFX 67 Libertex Forex Club 72 Xtrade 80 Tradeo 67 View More Was this helpful?

Yes or No. At ForexBrokers. com, our evaluations of online brokers and their products and services are based on our collected quantitative data as well as the qualitative observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the online forex brokerage industry, and we evaluate dozens of international regulator agencies learn more about how we calculate Trust Score.

Our research team also examines all publicly available API documentation in online broker resource portals and in GitHub repositories. All web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running macOS Ultimately, our rigorous data validation process yields an error rate of less than. Click here to learn more about how we test.

There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks. Steven Hatzakis is the Global Director of Research for ForexBrokers. Steven previously served as an Editor for Finance Magnates, where he authored over 1, published articles about the online finance industry.

A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U. as a Commodity Trading Advisor CTA. John Bringans is the Senior Editor of ForexBrokers. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. Blain Reinkensmeyer has 20 years of trading experience with over 2, trades placed during that time.

He heads research for all U. com and is respected by executives as the leading expert covering the online broker industry. com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money. Home Forex Guides Directory. November 15, Pros Excellent platforms and tools High-quality market research Cons Pricing is slightly higher than industry average Narrow range of tradeable markets.

Pros High-quality market research Excellent options for algorithmic trading Cons Fees trail discount leaders Limited tradeable products. Pros Robust platform for professional traders Wide range of global markets Thorough research offering Cons Trader Workstation platform is likely too complicated for inexperienced traders.

Pros Flagship platform is top of the line Over 40, tradeable instruments Excellent customer service Cons High minimum deposit.

IG Labs REST and Streaming API Minimum Initial Deposit £ Pros Outstanding platforms and tools Over 19, tradeable instruments Competitive pricing Cons No predefined layouts on the flagship web platform Limited product range on MT4. Pros Multiple high-quality platforms Excellent market research Wide range of markets Cons Only about instruments are available on the MT5 platform, compared to over 4, on non-MetaTrader platforms.

Pros Outstanding platform in thinkorswim Thorough research offerings Excellent educational materials Cons Does not offer copy trading Forex pricing is slightly higher than industry average. What are APIs? What is a Trading API? terminal Note: Some API connections can be as rudimentary as a few lines of code or an excel spreadsheet, while others may be a fully-fledged trading platform.

Pros Live market data and executable prices. Historical market data and prices, allowing API users to analyze markets and chart client sentiment. Risk management tools and features, such as stop-loss and take-profit limits. AvaTrade is a global CFD and forex broker with over 16 years of experience in the financial markets. Interactive Brokers is an excellent Broker.

Trusted Support. Could not be happier! Interactive Brokers offer a great service. Prompt and Professional.

I had to reset my password and the Interactive Brokers customer support made the process quick and easy. Overall, Interactive Brokers can be summarised as a trustworthy broker choice that keeps all client funds are kept in segregated accounts. You might also like: Interactive Brokers Review You might also like: Interactive Brokers Sign-Up Bonus. You might also like: Interactive Brokers Minimum Deposit. You might also like: Interactive Brokers Account Types.

You might also like: Interactive Brokers Demo Account. You might also like: Interactive Brokers Fees, Spreads, and Commission. Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader. Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital.

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors.

Before engaging in foreign currency or Contract for Difference CFD trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk.

You should not start investing capital that you cannot afford to lose, because you could incur a loss of part or your entire original investment. Our Review Methodology: For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.

This evaluation is comprised of positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements.

Our broker review should not be considered financial advice and traders are urged to seek professional financial advice before making any investment or trading decisions. Yes, Interactive Brokers offers its services in over countries and territories across the globe.

Interactive Brokers will allow users to trade stocks, options, futures, currencies, bonds, funds, crypto, and much more. The main advantages of choosing to trade with Interactive Brokers include low commissions and low financing rates. Yes, Interactive Brokers is a member of the New York Stock Exchange, FINRA, the Securities Investor Protection Corporation, and is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission.

Yes, Security steps on offer from Interactive Brokers include a secure login system and two-factor authentication. JP Markets offers a welcome bonus to all new traders who choose to register for a real account. JP Markets is considered a low-risk and can be summarized as trustworthy and reliable.

JP Markets is regulated by the top-tier Financial Services Board, Based. Overall IW Bank offers numerous investment prospects for their clients, and allows them to invest in equities and bonds. IW Bank clients may experience different fee structures according. com does not offer a sign-up bonus for first-time sign-ups or beginner traders.

No sign-up bonus, deposit bonus, or welcome bonus is offered to traders. The Minimum Deposit for 1st-time traders might vary based on. com offers Spreads and commissions vary according to the account type that the trader is using. RSS Feed. Top 4 Brokers. Read Review. Open a Free Trading Account. Tiếng Việt. Czech Republic. Open a FREE Trading Account. New York Stock Exchange.

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Bulgarian Catalan Croatian Czech Republic Philippines Greek Hungary Romania Slovakia Iran Ukrainian Turkey Tamil. Broker of the month. Top 27 Regulated Forex Brokers. Forex No Deposit Bonuses. Best Brokers. In March of , Interactive Brokers introduced an additional app, IBKR GlobalTrader. It's aimed at global investors and lets investors trade stocks on more than 80 exchanges in North America, Asia and Europe. IBKR GlobalTrader is also available for both Android and iOS users.

Unfortunately, it has received mixed reviews from both groups. Interactive Brokers provides access to a huge selection of research providers and news services, many for free, including Fundamentals Explorer, which offers fundamentals data from Thomson Reuters on over 30, companies, plus more than 5, analyst ratings, and reports and newswires from more than 80 companies.

More than additional providers are also available by subscription. Interactive Brokers offers phone, email and chat support from 8 a. Eastern time Monday through Friday, and from 1 p. However, there are no physical branches, so you won't be able to schedule an in-person meeting, if that's your preference.

While many brokerages are only open to U. investors, Interactive Brokers is available to investors in more than countries and territories. Margin traders will benefit from the low rates at Interactive Brokers. For IBKR Pro customers, the maximum margin rate is 3. For IBKR Lite, it's 4. The broker charges a blended rate based on the size of the margin loan, and has a calculator on its website to help investors quickly do the math based on their balance.

Only U. residents who open and fund a new IBKR Pro account are eligible for the discounted margin rate. Interactive Brokers has always been a great choice for active traders, especially those who can move into the broker's cheaper volume-pricing setup.

With the availability of free trades through IBKR Lite, even casual traders might find Interactive Brokers a strong contender. But beginner investors might prefer a broker that offers a bit more hand-holding. brokers by assets under management, along with emerging industry players. Our aim is to provide an independent assessment of providers to help arm you with information to make sound, informed judgements on which ones will best meet your needs.

We adhere to strict guidelines for editorial integrity. We collect data directly from providers through detailed questionnaires, and conduct first-hand testing and observation through provider demonstrations. The final output produces star ratings from poor one star to excellent five stars.

Ratings are rounded to the nearest half-star. For more details about the categories considered when rating brokers and our process, read our full methodology. Our Take 5. The scoring formula for online brokers and robo-advisors takes into account over 15 factors, including account fees and minimums, investment choices, customer support and mobile app capabilities.

Jump to: Full Review. Interactive Brokers IBKR Lite. per trade. Options contract fee. Account minimum.

no promotion available at this time. Learn more. Show details. Strong research and tools. Cons Website is difficult to navigate. Compare to Similar Brokers Current Product. NerdWallet rating NerdWallet's ratings are determined by our editorial team. stocks and ETFs. Promotion None no promotion available at this time. Promotion Exclusive! Sign up now. Full Review Where Interactive Brokers shines.

Written by Steven Hatzakis Edited by John Bringans Fact-checked by Blain Reinkensmeyer. The ForexBrokers. com annual forex broker review six years running is the most cited in the industry. With over 50, words of research across the site, we spend hundreds of hours testing forex brokers each year. Here's how we test.

The versatility and utility of Application Programming Interfaces APIs in our interconnected world have made them increasingly common in a wide variety of contexts.

Trading APIs unlock the ability for institutions or retail traders to connect their own custom trading platforms or their preferred third-party software to their forex broker trading accounts. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Here are the best forex brokers for trading APIs, based on our in-house research and testing learn more about how we test :.

For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading. Its range of tradeable markets is fairly narrow, however, and the pricing at FXCM is just average. Read full review. A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering. Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets.

It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite. Saxo Bank is an exclusive multi-asset broker with brilliant research and a superb trading platform experience — as well as a stunning selection of over 40, securities. IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.

com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe.

It offers a wide range of markets and provides an impressive suite of proprietary platforms — alongside limited access to MetaTrader. For traders in the U. An Application Programming Interface API is a kind of coding or set of codes that is used to enable connections — or, transactions — between software applications, databases, operating systems, and servers.

One side of the transaction usually known as the client will send a request to access the data or features of an API-connected application or database. Practically speaking, this means that traders who utilize APIs are not committed to using the application or platform supplied by their broker. Trading APIs provide the ability to send and cancel orders, retrieve live prices and historical data, and access account details such as balances and current market prices.

Some API connections can be as rudimentary as a few lines of code or an excel spreadsheet, while others may be a fully-fledged trading platform. MetaTrader, the wildly popular forex trading platform, is a well-known example of a third-party software suite that connects to your forex broker by API. Read our MetaTrader guide to learn more about the platform, and check out our MetaTrader 5 guide to get an in-depth look at the newest version of the MetaTrader software.

Most forex brokers that offer automated trading provide some form of API connectivity. We've evaluated trading APIs from the best forex brokers in the industry, and determined which of those offerings stand out as exceptional. Read about our top picks for the best forex brokers for trading APIs:. FXCM is our top choice for API trading. Four APIs are available, including REST, JAVA, FIX, and its ForexConnect proprietary software development kit SDK. FXCM also offers a plethora of public resources to aid your coding projects, including dedicated Python packages that can be installed from the command line using Python, as well as open-source code for its public APIs on its GitHub page.

Read our full-length review of FXCM. OANDA is another excellent choice for API trading, due to its robust documentation and the resources available in its developer portal. Three APIs are available: FIX, MT4, and the versatile v20 REST API. Like FXCM, OANDA has plenty of resources on its GitHub page , with public open-source code repositories to complement its API offering.

Check out our full-length review of OANDA. Interactive Brokers offers a comprehensive API offering. Traders can place orders, view positions, monitor portfolios, and automate trading strategies. Learn more about Interactive Brokers' API offerings on the IBKR Trading APIs site , and read our full-length review of Interactive Brokers. Nearly all forex brokers that offer automated trading provide API connectivity, and even brokers that do not offer algorithmic trading may provide an API for public access.

We've put together a list of the best forex brokers that provide free public API access:. Some forex brokers reserve their APIs for institutional clients, and some may require that you meet a certain balance threshold or trading volume requirement in order to be eligible for API access. Connecting with a third-party program will require that you enter your API keys. Make sure to keep your API keys as secure and protected as you would any password s for your brokerage account.

Now that you've seen our picks for the top seven brokers for trading APIs, check out the ForexBrokers. com Overall Rankings for forex brokers. Check out our full-length, in-depth forex broker reviews. com 99 XTB 95 City Index 99 eToro 93 Swissquote 99 AvaTrade 93 Plus 98 FXCM 96 OANDA 92 FP Markets 86 Admiral Markets 87 IC Markets 86 Capital. com 77 Markets.

com 98 XM Group 90 Pepperstone 93 FxPro 90 Tickmill 82 Fineco Bank 92 HYCM Henyep 86 DooPrime 84 HFM 85 FlowBank 77 BDSwiss 83 Vantage 83 TMGM 79 Trading 77 Moneta Markets 71 Trade Nation 83 BlackBull Markets 74 ACY Securities 75 Eightcap 87 ThinkMarkets 86 VT Markets 71 easyMarkets 84 Exness 74 Spreadex 70 IronFX 84 RoboForex RoboMarkets 69 Trade 75 GKFX 66 AxiTrader 83 Vestle 79 FXOpen 80 TeleTrade 67 OctaFX 67 Forex4you 62 LegacyFX 75 FXPrimus 69 Alpari 67 GBE brokers 69 TopFX 67 ATFX 70 UFX 67 Libertex Forex Club 72 Xtrade 80 Tradeo 67 View More Was this helpful?

Yes or No. At ForexBrokers. com, our evaluations of online brokers and their products and services are based on our collected quantitative data as well as the qualitative observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the online forex brokerage industry, and we evaluate dozens of international regulator agencies learn more about how we calculate Trust Score.

Our research team also examines all publicly available API documentation in online broker resource portals and in GitHub repositories. All web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running macOS Ultimately, our rigorous data validation process yields an error rate of less than.

Click here to learn more about how we test. There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.

Read more on forex trading risks. Steven Hatzakis is the Global Director of Research for ForexBrokers. Steven previously served as an Editor for Finance Magnates, where he authored over 1, published articles about the online finance industry.

A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U. as a Commodity Trading Advisor CTA.

John Bringans is the Senior Editor of ForexBrokers. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. Blain Reinkensmeyer has 20 years of trading experience with over 2, trades placed during that time.

He heads research for all U. com and is respected by executives as the leading expert covering the online broker industry. com is committed to the highest ethical standards and reviews services independently.

Learn How We Make Money. Home Forex Guides Directory. November 15, Pros Excellent platforms and tools High-quality market research Cons Pricing is slightly higher than industry average Narrow range of tradeable markets. Pros High-quality market research Excellent options for algorithmic trading Cons Fees trail discount leaders Limited tradeable products.

Pros Robust platform for professional traders Wide range of global markets Thorough research offering Cons Trader Workstation platform is likely too complicated for inexperienced traders.

Pros Flagship platform is top of the line Over 40, tradeable instruments Excellent customer service Cons High minimum deposit. IG Labs REST and Streaming API Minimum Initial Deposit £ Pros Outstanding platforms and tools Over 19, tradeable instruments Competitive pricing Cons No predefined layouts on the flagship web platform Limited product range on MT4.

Pros Multiple high-quality platforms Excellent market research Wide range of markets Cons Only about instruments are available on the MT5 platform, compared to over 4, on non-MetaTrader platforms. Pros Outstanding platform in thinkorswim Thorough research offerings Excellent educational materials Cons Does not offer copy trading Forex pricing is slightly higher than industry average. What are APIs? What is a Trading API?

terminal Note: Some API connections can be as rudimentary as a few lines of code or an excel spreadsheet, while others may be a fully-fledged trading platform. Pros Live market data and executable prices. Historical market data and prices, allowing API users to analyze markets and chart client sentiment.

Risk management tools and features, such as stop-loss and take-profit limits. Immediate execution and instant confirmation, so orders can be carried out through their own trading platform. Cons API trading requires development time and ongoing maintenance, which can be costly. Generally speaking, programming knowledge and skills are required.

The extent of this skill requirement will depend on your forex broker. Connecting an API can open the door for hackers to attack the application, hampering the security of the site — yet another reason to only use trusted, regulated brokers, even when using APIs for trading.

Index Trading Platforms. Leveraged products available for US clients with IB include Stocks, Options, Futures, Fixed Income and Mutual Funds. IBKR Lite and IBKR Pro customers get access to Client Portal trading platform and powerful Trader Workstation platform at no charge. What is Forex Trading Best ECN Brokers FCA Forex Brokers NDD Brokers STP Brokers NFA Forex Brokers PAMM Forex Brokers Menu. For investors looking to trade with a conscience, Interactive Brokers offers an Impact Dashboard, free to all users on Trader Workstation, the Client Portal or mobile apps.

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