In general, trusted brokers are companies which have proven and effective reputation with all major trading communities. Top-rated brokers have passed a number of credit and operational checks and have proven their compliance with know-your-customer and anti-money laundering requirements. Let’s see few trusted forex brokers in 2022:
Thomson Reuters owns leading news agencies, such as Reuters and Agencey France-Presse, as well as trading and analytics services. Thomson Reuters offers an extensive range of products and services to the financial market, including Reuters, FX, and Eikon.
The company offers its clients trading, analytics, risk management, and regulatory compliance solutions. Thomson Reuters’ data analysis is regularly used by prominent banks, such as BNP Paribas, Credit Agricole, Citi, Deutsche Bank, and UBS. Click here to get more info about other trusted brokers: https://tradefx.co.za/review/veracity-markets/
Interactive Brokers is a leading U.S. stock brokerage and one of the most respected forex brokers in the world. It was the first U.S. stock brokerage to offer a U.S. equities trading platform.
With the recent integration of its FXG trading platform with Cboe Futures Exchange, Interactive Brokers has become one of the leading providers of financial services technology in the world. Customers can trade multiple markets from the one platform.
Tradition Financial is an online brokerage and full-service mutual fund firm based in Chicago, Illinois. It has been an investment advisor to individual investors for over 80 years.
Tradition Financial was founded in 1932 and offers asset management, brokerage, asset management services, as well as independent research services. The firm offers a variety of services for online trading and retail brokerage accounts.
SEI is an investment advisor and manager of the SEI Wealth Platform (IWP), which manages SEI’s retail mutual funds and separately managed accounts and provides independent investment research to more than 12,000 clients. SEI serves more than 740 of the Fortune 1000 companies through the IWP.
In addition to IWP, SEI offers a suite of investment management services to clients. These include SEI Investment Management, which is the firm’s investment advisory and administrative services arm, SEI Consult, which offers consulting services, as well as SEI Wealth Platform, which is the firm’s investment platform that spans private, public, and managed accounts.
Virtu Financial is a market making firm based in New York City. It provides market liquidity to its clients and uses an algorithmic trading platform.
The company offers real-time technology, algorithmic trading, and much more solutions like risk management solutions for its customers.
By analyzing the above-mentioned brokers, one is well equipped to take an educated guess about which broker has the biggest potential to deliver good returns, but it’s imperative to remember one thing: Forex is a complicated and risky market where most of the traders lose their money, while the big players make good profits. Choosing the right broker is essential because you can’t rely on the advice of others when you’re dealing with a high-risk market.