Tigerwit broker update
We currently consider that there are better options for Forex traders than the broker Tigerwit to start a career in the financial markets. There are many Forex brokers that have better regulation, access to more markets, more trading platforms and offer additional services including educational resources and analysis tools.
You can access a complete list of brokers in the following article: Directory of online Forex brokers
Here are three broker options we recommend:
The XTB group is one of the largest forex and CFD brokers worldwide. Founded in 2002, XTB has become one of the leading and dominant brokers in the European market and in the Spanish-speaking market.
As a publicly-traded company in the European Union, XTB offers the highest standards of transparency in the industry.
With its 11 locations in countries such as the United Kingdom, Spain, Uruguay, and Germany, it is probably one of the brokers with the largest structure, aimed at offering quality personal service to traders of various nationalities in their own language.
Main features and advantages of XTB
- It is regulated by organizations such as the FCA of the United Kingdom
- In addition to Forex, it offers CFDs on indices, commodities, ETF, cryptocurrencies, and more than 1500 shares
- It offers several trading platforms, including Metatrader 4 and xStation 5.
- STP execution in its trading accounts.
In the following article, you can access a complete review of this broker: XTB Broker Review
First Prudential Markets (FP Markets) has 14 years of experience in the Forex and CFD market from its headquarters in Australia and its subsequent expansion to Beijing and Shanghai. It is one of the great brokers in Australia and has begun its expansion to Europe and Latin America.
Since its inception, it has been a Direct Market Access (DMA) broker with ECN trading accounts, so that customer orders pass directly to the prices offered by the liquidity providers with which it works.
It is under the regulation of ASIC and with the AFS license and has been one of the promoters of improving the transparency of Forex intermediaries in the Australian market.
In the following article, you can access a complete review of this broker: FPMarkets Broker Review
HotForex is a Forex and CFD ECN/STP broker, which was founded in 2010. This company is regulated in the European Union by the Cyprus Securities and Exchange Commission (CySEC) and is registered in Saint Vincent and the Grenadines with the Authority of Financial Services (FSA).
Clients can start trading in the Forex market in a Micro account with a deposit as low as $5. This broker offers trading accounts with fixed spreads, which are suitable for beginners and Zero accounts with raw variable spreads with no profit margin (these accounts charge a direct commission per transaction). HotForex offers a series of promotions that include trading contests for demo accounts and real accounts with attractive prizes and excellent deposit bonus promotions.
Additional Broker Services
- A copy trading platform called HFCopy
- A PAMM managed account service
- Educational resources such as webinars and free seminars.
- Market analysis tools
In the following article you can access a complete review of this broker: HotForex Broker Review