Fixed Spread Forex Brokers

Wide Range of Assets: TD Ameritrade offers a wide range of financial products, including stocks, options, mutual funds, ETFs, bonds, futures, and forex, allowing investors to diversify their portfolios.

User-Friendly Platforms: TD Ameritrade offers user-friendly platforms, such as thinkorswim and the TD Ameritrade website, which are easy to navigate and provide various tools for investors.

Research and Education: TD Ameritrade provides investors with various research and education resources, including webinars, articles, and market analysis tools.

Customer Support: TD Ameritrade offers excellent customer support, with phone, email, live chat, and mail options available.

High Fees: TD Ameritrade's commission rates can be high compared to other online brokers, especially for options trading.

Limited Availability: TD Ameritrade is only available in a few countries, which may limit its accessibility for some investors.

Inactivity Fees: TD Ameritrade charges inactivity fees if an account has been inactive for a certain period, which can be frustrating for some investors.

No Fractional Shares: TD Ameritrade does not offer fractional shares, which may be a disadvantage for investors looking to diversify their portfolio with smaller investments.

Competitive Spreads: IG offers some of the most competitive spreads in the industry, especially for major forex pairs.

Wide Range of Assets: IG offers a wide range of assets, including forex, commodities, indices, and cryptocurrencies, allowing traders to diversify their portfolios.

Regulated Broker: IG is regulated by several reputable authorities, including the FCA and ASIC, providing traders with security and trust.

Advanced Trading Platforms: IG offers advanced trading platforms, such as MT4 and MT5, which are highly customizable and user-friendly.

Educational Resources: IG offers many educational resources, including webinars, trading guides, and video tutorials, to help traders improve their skills and knowledge.

Limited Payment Options: IG offers limited payment options, which may be inconvenient for some traders.

Inactivity Fee: IG charges an inactivity fee of £12 per month if there is no trading activity for two years or more, which may deter some traders.

No Social Trading: IG does not offer social Trading, which may be a disadvantage for traders who prefer to follow and copy the trades of successful traders.

No Guaranteed Stop Loss: IG does not offer guaranteed stop loss, which may increase the risk for traders during volatile market conditions.

SAXO is regulated by various licensing bodies globally, with licenses in six tier-1 jurisdictions.

Access over 70,000 instruments, including micro-futures, and forex options.

SaxoTraderGo is equipped with all the necessary tools traders might need.

Traders can connect their SAXO accounts to third-party platforms to access custom tools without additional charges from SAXO.

The instrument fee structures can be confusing for some traders.

Unfortunately, SAXO does not accept U.S. clients at the moment.

Access to the popular MT4 and MT5 terminals is unavailable, which can be a drawback for some traders.

There is no live chat facility, which could have been helpful for traders who prefer to get their queries resolved through chat.

Well Regulated: This Interactive Broker review deduced that the broker tops the chart with its license with top-tier regulatory bodies across international regions. The broker has regulatory oversight from 10 financial market watchdogs making it one of the most credible brokers in the industry.

No Minimum Deposit: This unique feature sets Interactive Brokers on top trading charts; anyone can open a trading account with the broker without any compulsory deposit fee. 

Offers a Range of Tradable Instruments: Like many other brokers, the broker offers its clientele a wide range of products from Interactive Brokers forex to options, mutual funds, bonds, and cryptocurrencies. Simply put, Interactive has every tradable instrument in the market.

Over 45 years of trading experience: Interactive Brokers have been active in the financial market for nearly half a century; this is proof that the broker is reliable and has a firm grasp of the intricacies of the financial market.

Unlimited Demo Account: Anyone can sign up on Interactive Brokers and practice their way to becoming expert traders. The broker offers its clientele an unlimited demo account, implying that novice and experienced traders can “up” their trading game at any time.

Accepts U.S. Clients: Interactive Brokers is one of the few brokers that offers its services in the U.S. Few brokers can comply with the regulatory and operative requirements in the U.S., and Interactive Brokers is one of the few that meet these standards.

No MetaTrader trading platform: Traders accustomed to MT4 and MT5 trading platforms will have to learn how to navigate the trading market on totally different platforms if they sign-up on Interactive Brokers.

No Credit/Debit Card Option: While the broker affords its clientele several deposit and withdrawal methods, the Credit/Debit card option is unavailable. 

Limited Customer Support: With its international coverage, one would expect that Interactive Broker has a customer support network of the same measure. However, this is not the case. The broker's customer support channels are limited to nine phone lines unavailable around the clock, its website, and a live chat.

Complex Registration Process: the sign-up process on the Interactive Brokers platform is a lot more complex than most brokers. One will need more than an email address to sign up and has to fulfill specific terms and conditions to begin trading.

Regulated by reputable authorities: City Index is regulated by the Monetary Authority of Singapore (MAS) and the Financial Conduct Authority (FCA), which ensures that the broker operates under strict guidelines and provides a safe and secure trading environment.

Wide range of assets: City Index offers a wide range of assets, including forex, indices, commodities, bonds, cryptocurrencies, and shares, allowing traders to diversify their portfolios and potentially increase their profits.

Multiple trading platforms: City Index offers proprietary trading platforms, City Index App, Web Trader, and MetaTrader 4 (MT4), which is a popular third-party platform that many traders are familiar with.

Mobile trading: City Index offers mobile apps for iOS and Android devices, allowing traders to trade on the go and keep up with the markets wherever they are.

Strong customer support: City Index offers a range of customer support options, including phone, email, and live chat support, as well as in-person support at their Singapore office.

Limited leverage: City Index offers maximum leverage of 1:30 for retail clients, which may be too restrictive for some traders who are looking for higher leverage ratios.

Inactivity fees: City Index charges inactivity fees of SGD 15 per quarter if no trades are made or positions are held for 12 months or more.

Limited payment options: City Index offers a limited range of payment options, which may not be suitable for some traders who prefer to use other methods such as PayPal or Skrill.

Limited research tools: City Index's research tools are somewhat limited compared to other brokers, which may be a disadvantage for traders who rely heavily on research and analysis to make trading decisions.

Variable leverage options up to 3000:1 for most account types allow traders to maximize their trading potential.

Low minimum deposit requirement, with some account types requiring just $1 to start trading.

Multiple funding options with no deposit fees or commissions charged by FBS.

A wide range of trading accounts is available to suit different traders’ needs.

24/7 multilingual customer support is available via phone, email, and live chat.

Limited regulatory oversight, with the Belizean regulatory body only providing basic regulatory oversight.

Withdrawal times can be slow for certain payment methods, with bank wire transfers taking up to 5-7 business days to process.

FBS Pro account requires a minimum deposit of $1000, which may be too high for some traders.

eToro has a simple and intuitive interface that makes it easy for new traders to start trading.

The availability of Social trading features allows users to imitate the trades of other successful traders on the platform.

eToro offers a wide range of assets for trading, including cryptocurrencies, stocks, commodities, and more.

Also, its mobile trading app allows users to manage their portfolios and trade on the go.

eToro's fees can be higher than other trading platforms, particularly for certain asset classes.

eToro does not support the popular MetaTrader platform, which some traders may find inconvenient.

The platform's customer support can be slow to respond and may not always be able to resolve issues quickly.

Although eToro is available in the US, some trading restrictions on its services may limit access for some traders.