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Trading Point is the best forex broker according to our analysis. This is a STP broker, which has many advantages compared to market makers: lower spreads, no requotes and good execution. With Trading Point you have access directly to interbank trading rates |
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Head office: Cyprus |
Minimum deposit: 1 USD (Micro Account), 10,000 USD (Standard Account), 100,000 (Executive) |
Leverage: 1:500 |
Spread EUR/USD: 1 pips |
Payment methods: Credit Card, Liberty Reserve, Neteller, Moneybookers (Skrill), Moneygram, Western Union, Wire Transfer |
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Trading Point is the type of broker most forex traders are looking for. It offers the lowest spreads on the market (spreads are variable depending on market volatility) and it executes your trades directly on the interbank market, without acting as a market maker.
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Trading Point will always execute your trades, and will never give you requotes. Since your platform will send the orders directly to liquidity providers (banks), your trades will always be filled at the best rate available on the market. This means you will always be able to trade, no matter how volatile markets are. Anyway, you should not forget that during news time you may experience slippage since markets tend to be extremely volatile. |
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Here are the main advantages of trading with Trading Point: |
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- Micro accounts allow you to deposit as low as $1 |
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- A lot of deposit and withdrawal methods. |
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- STP (Straight Through Processing) broker: it executes your trades directly on the interbank market |
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- Very low spreads, as low as 1 pip |
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- High leverage of up to 1:500 |
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- First deposit bonus of 20% and reload bonuses of 10% on all your deposits |
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- No requotes |
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- Allows scalping, Expert Advisors (EA trading) and news trading |
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