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Best AUD/USD Forex Brokers

Written by Miro Nikolov
Miro Nikolov is the co-founder of TradingPedia.com and BestBrokers.com. His mission is to help people make profitable investments by giving them access to educational resources and analytics tools.
, | Updated: September 16, 2025

Our team of expert traders has tested several regulated and trustworthy forex brokers and compiled a top list of the best brokers for trading AUD/USD. Each broker received a quality score based on several factors, including Trustpilot rating, regulation, fees and commissions, available trading platforms, customer service and more.

  1. Plus500 US
    Rating: 4
    This content applies only to Plus500 US and clients from the United States. Trading futures involves the risk of loss.
  2. eToro
    Rating: 4.2
    61% of retail investor accounts lose money
  3. Fusion Markets
    Rating: 4.8
    74-89% of retail's CFD accounts lose money
  4. FP Markets
    Rating: 4.9
    73.85% of retail investor accounts lose money
  5. Global Prime
    Rating: 4.7
    74-89% of retail CFD accounts lose money
  6. Pepperstone
    Rating: 4.4
    75.5% of retail investor accounts lose money

Our team has thoroughly evaluated all brokers listed below using TradingPedia’s exclusive methodology.

Curated list of the 10 best forex brokers for AUD/USD trading

choosing a brokerMaking the decision comes down to knowing what you want from a broker and finding a website that fits your personal criteria. These aspects often include the available banking solutions – that is, the variety of deposit and withdrawal methods – and whether the broker offers the option most convenient for you. In addition, maintaining safety is crucial, which is why it is best to choose brokers that are regulated by reputable financial regulatory bodies.

Finally, traders should look for a broker that offers their favourite tools while still providing competitive spreads for the AUD/USD; this is why we have focused on brokers with relatively tight forex spreads.

  • Brand
  • Trustpilot Rating
  • Trading platforms
  • Minimum deposit
  • Regulations
  • Trading instruments
  • Spreads
  • Leverage for Forex CFDs
  • Leverage for Metals CFDs
  • Leverage for Crypto CFDs
  • Leverage for Indices CFDs
  • Deposit methods
  • Withdrawal Methods
  • Commission per Lot
  • Contact details
    • Top rated
    • Trustpilot Rating
      4.9
    • Trading platforms
      • cTrader
      • IRESS
      • MetaTrader 4
      • MetaTrader 5
      • TradingView
    • Minimum deposit
      $50 (AU$100)
    • Regulations
      • CySEC (Cyprus, Licence №: 371/18)
      • FSAS (Seychelles, Licence №: SD130)
      • FSCA (South Africa, Licence №: 50926)
      • SCB (Bahamas)
      • ASIC (Australia, Licence №: 286354)
      • FSCM (Mauritius, Licence №: GB21026264)
    • Trading instruments
      • Commodities CFDs
      • Crypto CFDs
      • Energy CFDs
      • Forex CFDs
      • Indices CFDs
      • Metals CFDs
      • Stock CFDs
    • Spreads
      • AUDUSD: AVG 1.3 pips
      • EURGBP: AVG 1.3 pips
      • EURUSD: AVG 1.2 pips
      • GBPUSD: AVG 1.4 pips
      • NZDUSD: AVG 1.5 pips
      • USDCAD: AVG 1.4 pips
      • USDCHF: AVG 1.5 pips
      • USDCNY: AVG 1.8 pips
      • USDJPY: AVG 1.5 pips
    • Leverage for Forex CFDs
      • 1:500 (CySEC | Pro Account)
      • 1:30 (ASIC | Retail Account)
      • 1:30 (CySEC | Retail Account)
      • 1:500 (FSAS | Retail Account)
    • Leverage for Metals CFDs
      • 1:500 (CySEC | Pro Account)
      • 1:20 (CySEC | Retail Account)
      • 1:200 (FSAS | Retail Account)
    • Leverage for Crypto CFDs
      • 1:2 (CySEC | Retail Account)
      • 1:2 (CySEC | Retail Account)
      • 1:2 (FSAS | Retail Account)
      • 1:2 (CySEC | Pro Account)
    • Leverage for Indices CFDs
      • 1:200 (CySEC | Pro Account)
      • 1:20 (FSAS | Retail Account)
      • 1:20 (CySEC | Retail Account)
    • Deposit methods
      • Crypto
      • Dragonpay
      • Fasapay
      • Google Pay
      • Apple Pay
      • Mastercard
      • NETELLER
      • OnlineNaira
      • Pagsmile
      • PayPal
      • Bank Transfer
      • Perfect Money
      • Rapyd
      • Skrill
      • STICPAY
      • Virtual Pay
      • Visa
      • XPay
    • Withdrawal Methods
      • Mastercard
      • NETELLER
      • PayPal
      • PayTrust88
      • Bank Transfer
      • Skrill
      • Visa
    • Commission per Lot
      $0 Standard Account; $6 round turn on Pro Account
    • Contact details
    • Trustpilot Rating
      4.8
    • Trading platforms
      • cTrader
      • MetaTrader 4
      • MetaTrader 5
      • TradingView
      • ZuluTrade
      • BlackBull CopyTrader
      • BlackBull Invest
      • BlackBull Shares
      • BlackBull Trade
    • Minimum deposit
      $0 (Standard)
      $0 (Prime)
      $20,000 (Institutional)
    • Regulations
      • FMA (New Zealand, Licence №: FSP403326)
      • FSAS (Seychelles, Licence №: SD045)
    • Trading instruments
      • Commodities CFDs
      • Crypto CFDs
      • Forex CFDs
      • Indices CFDs
      • Metals CFDs
      • Stock CFDs
    • Spreads
      • AUDUSD: AVG 0.3 pips
      • AUDUSD: AVG 1.2 pips
      • EURGBP: AVG 1.7 pips
      • EURUSD: AVG 0.3 pips
      • EURUSD: AVG 1 pips
      • GBPUSD: AVG 0.3 pips
      • GBPUSD: AVG 1.2 pips
      • NZDUSD: AVG 0.5 pips
      • NZDUSD: AVG 1.2 pips
      • USDCAD: AVG 0.5 pips
      • USDCAD: AVG 1.2 pips
      • USDCHF: AVG 1 pips
      • USDCHF: AVG 1.6 pips
      • USDJPY: AVG 0.3 pips
      • USDJPY: AVG 1.2 pips
    • Leverage for Forex CFDs
      • 1:500 (FMA)
      • 1:500 (FSAS)
    • Leverage for Metals CFDs
      • Leverage for Crypto CFDs
        • Leverage for Indices CFDs
          • Deposit methods
            • Airtm
            • Chainlink
            • American Express
            • Ethereum
            • Fasapay
            • FXPay
            • Help2Pay
            • Hexopay
            • Litecoin
            • Mastercard
            • AstroPay
            • NETELLER
            • Payment Asia
            • Bank Transfer
            • POLi
            • Ripple
            • Skrill
            • Beeteller
            • Stellar
            • Tether
            • UnionPay
            • USD Coin
            • Bitcoin
            • Visa
            • Bitcoin Cash
            • Boleto
          • Withdrawal Methods
            • Airtm
            • American Express
            • Fasapay
            • FXPay
            • Help2Pay
            • Hexopay
            • Litecoin
            • Mastercard
            • AstroPay
            • NETELLER
            • Payment Asia
            • Bank Transfer
            • POLi
            • Skrill
            • Beeteller
            • UnionPay
            • Bitcoin
            • Visa
            • Bitcoin Cash
            • Boleto
          • Commission per Lot
            $0 (ECN Standard Account), $6 round turn (ECN Prime Account), $4 round turn (ECN Institutional Account)
          • Contact details
          • Trustpilot Rating
            4.5
          • Trading platforms
            • MetaTrader 4
            • MetaTrader 5
            • Proprietary Web
            • ProTrader
            • TradingView
            • V-Social
          • Minimum deposit
            $50
          • Regulations
            • CIMA (Cayman Islands, Licence №: 1383491)
            • FCA (United Kingdom, Licence №: 590299)
            • FSCA (South Africa, Licence №: 51268)
            • VFSC (Vanuatu, Licence №: 700271)
            • ASIC (Australia, Licence №: 428901)
          • Trading instruments
            • Commodities CFDs
            • Crypto CFDs
            • Energy CFDs
            • Forex CFDs
            • Indices CFDs
            • Metals CFDs
            • Stock CFDs
          • Spreads
            • AUDUSD: AVG 0.42 pips
            • EURGBP: AVG 0.24 pips
            • EURUSD: AVG 0.15 pips
            • GBPUSD: AVG 0.2 pips
            • NZDUSD: AVG 0.41 pips
            • USDCAD: AVG 0.17 pips
            • USDCHF: AVG 0.39 pips
            • USDCNY: AVG 2.95 pips
            • USDJPY: AVG 0.46 pips
          • Leverage for Forex CFDs
            • 1:500 (ASIC | Pro Account)
            • 1:30 (ASIC | Retail Account)
            • 1:500 (CIMA | Retail Account)
            • 1:30 (FCA | Retail Account)
          • Leverage for Metals CFDs
            • 1:500 (ASIC | Pro Account)
            • 1:20 (ASIC | Retail Account)
            • 1:500 (CIMA | Retail Account)
          • Leverage for Crypto CFDs
            • 1:333 (ASIC | Pro Account)
            • 1:2 (ASIC | Retail Account)
          • Leverage for Indices CFDs
            • 1:500 (ASIC | Pro Account)
            • 1:20 (ASIC | Retail Account)
            • 1:500 (CIMA | Retail Account)
          • Deposit methods
            • BPAY
            • Crypto
            • Fasapay
            • JCB
            • Mastercard
            • AstroPay
            • NETELLER
            • Pagsmile
            • Bank Transfer
            • Perfect Money
            • POLi
            • Skrill
            • UnionPay
            • Visa
            • Boleto
          • Withdrawal Methods
            • Crypto
            • JCB
            • Mastercard
            • AstroPay
            • NETELLER
            • Bank Transfer
            • Perfect Money
            • Skrill
            • UnionPay
            • Visa
          • Commission per Lot
            $3 per side on Raw; $1.50 per side on Pro
          • Contact details
          • Trustpilot Rating
            4.2
          • Trading platforms
            • eToro App
            • eToro CopyTrader
            • eToro Investing
          • Minimum deposit
            $50 or $100 based on country ($10 for the UK)
          • Regulations
            • CySEC (Cyprus, Licence №: 109/10)
            • FCA (United Kingdom, Licence №: 583263)
            • FRSA (United Arab Emirates, Licence №: 220073)
            • FinCEN (United States, Licence №: 31000204884179)
            • FINRA (United States, Licence №: 298361)
            • FSAS (Seychelles, Licence №: SD076)
            • GFSC (Gibraltar, Licence №: 1333B)
            • AMF (France, Licence №: E2022-038)
            • MFSA (Malta, Licence №: C97952)
            • SEC (United States, Licence №: 0001753042)
            • ASIC (Australia, Licence №: 491139)
          • Trading instruments
            • Commodities CFDs
            • Crypto CFDs
            • ETF CFDs
            • Forex CFDs
            • Indices CFDs
            • Metals CFDs
            • Share CFDs
            • Stock CFDs
            • US Stock CFDs
          • Spreads
            • AUDUSD: AVG 1 pips
            • EURGBP: AVG 1.5 pips
            • EURUSD: AVG 1 pips
            • GBPUSD: AVG 2 pips
            • NZDUSD: AVG 2.5 pips
            • USDCAD: AVG 1.5 pips
            • USDCHF: AVG 1.5 pips
            • USDCNY: AVG 10 pips
            • USDJPY: AVG 1 pips
          • Leverage for Forex CFDs
            • 1:400 (CySEC | Pro Account)
            • 1:30 (CySEC | Retail Account)
            • 1:400 (FSAS | Retail Account)
          • Leverage for Metals CFDs
            • 1:20 (CySEC | Retail Account)
          • Leverage for Crypto CFDs
            • 1:2 (CySEC | Retail Account)
            • 1:5 (FSAS | Retail Account)
          • Leverage for Indices CFDs
            • 1:20 (CySEC | Retail Account)
            • 1:100 (FSAS | Retail Account)
          • Deposit methods
            • eToro Money
            • iDEAL
            • Klarna
            • Mastercard
            • NETELLER
            • PayPal
            • Bank Transfer
            • Przelewy24
            • Skrill
            • Trustly
            • Visa
          • Withdrawal Methods
            • Mastercard
            • NETELLER
            • PayPal
            • Bank Transfer
            • Skrill
            • Trustly
            • Visa
          • Commission per Lot
            $1 or $2 (stocks only)
          • Contact details
            • Phone Number:
            • Email: complianceCY@etoro.com
            • Headquarter Address: 24th floor, One Canada Square Canary Wharf London, E14 5AB United Kingdom
          • Trustpilot Rating
            4.3
          • Trading platforms
            • CMC Next Generation
            • MetaTrader 4
            • TradingView
          • Minimum deposit
            $0
          • Regulations
            • CIRO (Canada)
            • DFSA (United Arab Emirates, Licence №: F002740)
            • FCA (United Kingdom, Licence №: 173730)
            • FMA (New Zealand, Licence №: FSP41187)
            • MAS (Singapore, Licence №: 200605050E)
            • ASIC (Australia, Licence №: 238054)
            • BaFin (Germany, Licence №: 154814)
            • BMA (Bermuda)
          • Trading instruments
            • Commodities CFDs
            • Crypto CFDs
            • Energy CFDs
            • ETF CFDs
            • Forex CFDs
            • Indices CFDs
            • Metals CFDs
            • Share CFDs
            • Stock CFDs
            • US Stock CFDs
          • Spreads
            • AUDUSD: MIN 0.6 pips
            • AUDUSD: AVG 1 pips
            • EURGBP: MIN 0.8 pips
            • EURGBP: AVG 1.2 pips
            • EURUSD: MIN 0.5 pips
            • EURUSD: AVG 0.6 pips
            • GBPUSD: MIN 0.9 pips
            • GBPUSD: AVG 1.1 pips
            • NZDUSD: AVG 1.7 pips
            • USDCAD: MIN 1.3 pips
            • USDCAD: AVG 2.5 pips
            • USDCHF: MIN 1.5 pips
            • USDCHF: AVG 1.5 pips
            • USDCNY: MIN 2 pips
            • USDCNY: AVG 3.1 pips
            • USDJPY: MIN 0.7 pips
            • USDJPY: AVG 1.3 pips
          • Leverage for Forex CFDs
            • 1:500 (ASIC | Pro Account)
            • 1:500 (FCA | Pro Account)
            • 1:30 (ASIC | Retail Account)
            • 1:30 (BaFin | Retail Account)
            • 1:30 (FCA | Retail Account)
            • 1:20 (MAS | Retail Account)
          • Leverage for Metals CFDs
            • 1:20 (FCA | Retail Account)
          • Leverage for Crypto CFDs
            • 1:2 (ASIC | Retail Account)
          • Leverage for Indices CFDs
            • 1:20 (FCA | Retail Account)
          • Deposit methods
            • Maestro
            • Mastercard
            • OnlineNaira
            • Bank Transfer
            • Visa
          • Withdrawal Methods
            • Mastercard
            • PayPal
            • Bank Transfer
            • Visa
          • Commission per Lot
            $0.02 per share with a $10 minimum for US shares; 0.10% for other shares with a €/£9 minimum
          • Contact details
          • Trustpilot Rating
            3.9
          • Trading platforms
            • MetaTrader 4
            • MetaTrader 5
            • StereoTrader
          • Minimum deposit
            $100 ($1 for Invest MT5 Account)
          • Regulations
            • CIRO (Canada)
            • CySEC (Cyprus, Licence №: 201/13)
            • EFSA (Estonia, Licence №: 4.1-1/46)
            • FCA (United Kingdom, Licence №: 595450)
            • FSAS (Seychelles, Licence №: SD073)
            • FSCA (South Africa, Licence №: FSP51311)
            • JSC (Jordan, Licence №: 1/3/01970/21)
            • ASIC (Australia, Licence №: 410681)
            • CMA (Kenya, Licence №: 178)
          • Trading instruments
            • Bonds CFDs
            • Commodities CFDs
            • Crypto CFDs
            • Energy CFDs
            • ETF CFDs
            • Forex CFDs
            • Indices CFDs
            • Metals CFDs
            • Share CFDs
            • Stock CFDs
            • US Stock CFDs
          • Spreads
            • AUDUSD: AVG 1 pips
            • AUDUSD: AVG 0.5 pips
            • EURGBP: AVG 1 pips
            • EURGBP: AVG 0.6 pips
            • EURUSD: AVG 0.8 pips
            • EURUSD: AVG 0.1 pips
            • GBPUSD: AVG 1 pips
            • GBPUSD: AVG 0.6 pips
            • NZDUSD: AVG 1.9 pips
            • NZDUSD: AVG 1.5 pips
            • USDCAD: AVG 1.6 pips
            • USDCAD: AVG 1.1 pips
            • USDCHF: AVG 1.2 pips
            • USDCHF: AVG 1.2 pips
            • USDCNY: AVG 1 pips
            • USDCNY: AVG 1 pips
            • USDJPY: AVG 1 pips
            • USDJPY: AVG 0.3 pips
          • Leverage for Forex CFDs
            • 1:500 (ASIC | Pro Account)
            • 1:30 (ASIC | Retail Account)
            • 1:30 (CySEC | Retail Account)
            • 1:30 (FCA | Retail Account)
            • 1:1000 (FSAS | Retail Account)
            • 1:500 (FSCA | Retail Account)
            • 1:100 (JSC | Retail Account)
          • Leverage for Metals CFDs
            • 1:500 (ASIC | Pro Account)
            • 1:20 (CySEC | Retail Account)
            • 1:500 (FSAS | Retail Account)
            • 1:500 (FSCA | Retail Account)
            • 1:100 (JSC | Retail Account)
          • Leverage for Crypto CFDs
            • 1:100 (FSAS | Retail Account)
            • 1:100 (FSCA | Retail Account)
            • 1:5 (ASIC | Pro Account)
            • 1:2 (CySEC | Retail Account)
          • Leverage for Indices CFDs
            • 1:500 (ASIC | Pro Account)
            • 1:20 (CySEC | Retail Account)
            • 1:500 (FSAS | Retail Account)
            • 1:500 (FSCA | Retail Account)
            • 1:500 (JSC | Retail Account)
          • Deposit methods
            • Crypto
            • iDEAL
            • Klarna
            • Mastercard
            • NETELLER
            • PayPal
            • Bank Transfer
            • Perfect Money
            • POLi
            • Skrill
            • Visa
          • Withdrawal Methods
            • Mastercard
            • NETELLER
            • PayPal
            • Bank Transfer
            • Perfect Money
            • Skrill
            • Visa
          • Commission per Lot
            $3 per lot
          • Contact details
          • Trustpilot Rating
            4.6
          • Trading platforms
            • MetaTrader 4
            • MetaTrader 5
            • Forex.com
          • Minimum deposit
            $100
          • Regulations
          • Trading instruments
            • Bond Futures
            • Bond Options
            • Bonds CFDs
            • Commodities CFDs
            • Commodity Futures
            • Commodity Options
            • Crypto CFDs
            • Crypto Options
            • Currency Futures
            • Energy Futures
            • Energy Options
            • ETF CFDs
            • ETF Options
            • Forex CFDs
            • Forex Options
            • Index Futures
            • Index Options
            • Indices CFDs
            • Interest Rate Futures
            • Metal Futures
            • Metal Options
            • Metals CFDs
            • Share CFDs
            • Stock Options
          • Spreads
            • AUDUSD: AVG 1.3 pips
            • EURGBP: AVG 1.6 pips
            • EURUSD: AVG 1.3 pips
            • GBPUSD: AVG 1.8 pips
            • NZDUSD: AVG 2.1 pips
            • USDCAD: AVG 2.8 pips
            • USDCHF: AVG 2 pips
            • USDJPY: AVG 1.6 pips
          • Leverage for Forex CFDs
            • 1:30 (ASIC)
            • 1:50 (CFTC)
            • 1:200 (CIMA)
            • 1:30 (CIRO)
            • 1:30 (CySEC)
            • 1:30 (FCA)
            • 1:200 (MAS)
            • 1:400 (Pro Account)
            • 1:25 (JFSA)
          • Leverage for Metals CFDs
            • 1:400 (Pro Account)
          • Leverage for Crypto CFDs
            • 1:20 (Pro Account)
            • 1:2 (Standard Account)
          • Leverage for Indices CFDs
            • 1:400 (Pro Account)
            • 1:20 (Standard Account)
          • Deposit methods
            • Mastercard
            • NETELLER
            • Skrill
            • Visa
            • Wire Transfer
          • Withdrawal Methods
            • Mastercard
            • Visa
            • Wire Transfer
          • Commission per Lot
            $0 for Standard accounts; $5 per standard lot per side for Raw accounts
          • Contact details
          • Trustpilot Rating
            3.9
          • Trading platforms
            • MetaTrader 4
            • MetaTrader 5
            • Proprietary Web
            • TradingView
          • Minimum deposit
            $0
          • Regulations
          • Trading instruments
            • Bonds CFDs
            • Commodities CFDs
            • Crypto CFDs
            • ETF CFDs
            • Forex CFDs
            • Indices CFDs
            • Share CFDs
          • Spreads
            • AUDUSD: AVG 0.6 pips
            • EURGBP: AVG 0.8 pips
            • EURUSD: AVG 0.5 pips
            • GBPUSD: AVG 0.8 pips
            • NZDUSD: AVG 1 pips
            • USDCAD: AVG 1 pips
            • USDCHF: AVG 1 pips
            • USDCNY: AVG 1.2 pips
            • USDJPY: AVG 0.5 pips
          • Leverage for Forex CFDs
            • 1:400 (CMVM | Pro Account)
            • 1:30 (CMVM | Retail Account)
            • 1:1000 (FSC)
            • 1:200 (SCB)
          • Leverage for Metals CFDs
            • Leverage for Crypto CFDs
              • 1:20 (CMVM | Pro Account)
              • 1:2 (CMVM | Retail Account)
              • 1:20 (FSC)
              • 1:20 (SCB)
            • Leverage for Indices CFDs
              • 1:400 (CMVM | Pro Account)
              • 1:20 (CMVM | Retail Account)
              • 1:1000 (FSC)
              • 1:1000 (SCB)
            • Deposit methods
              • Crypto
              • Mastercard
              • NETELLER
              • PayPal
              • Bank Transfer
              • Skrill
              • Visa
            • Withdrawal Methods
              • Crypto
              • Mastercard
              • NETELLER
              • PayPal
              • Bank Transfer
              • Skrill
              • Visa
            • Commission per Lot
              $0
            • Contact details

          The AUD/USD is fondly known as the ‘Aussie’ among investors. It is one of the currency pairs that are heavily influenced by global commodity prices such as coal, gold, crude oil and others. This is because Australia is a major exporter of these commodities.

          Whether the AUD/USD can be considered a minor or major pair is debatable, and different investors hold varying opinions on the matter. Consequently, its designation varies from broker to broker. Sometimes it is listed with majors, such as the EUR/USD, while in other cases it is placed in the minors category. This makes picking an AUD/USD broker a bit trickier than with other pairs.

          How AUD/USD trading works for traders and brokers

          AUD/USD TradingThe AUD/USD comprises two free-floating currencies. This means that, instead of being fixed, the exchange rates of both the US dollar and the Australian dollar are determined by supply and demand. The AUD/USD is therefore susceptible to volatility, which, in turn, creates ample trading opportunities.

          The base currency in this pair is the AUD, whereas the US dollar is the quote currency, which means the pair is quoted in USD and trading is based on the number of US dollars required to buy a single Australian dollar. Trading is conducted in lots. There are several lot sizes within the forex market, and the largest is the standard lot, which consists of 100,000 units.

          The AUD/USD can be traded by individual investors five days a week, and the market is open 24 hours a day. This, however, does not mean that the market closes at weekends. On the contrary, weekends are when banks, hedge funds and other large entities are the only participants. In the past, these institutions were the sole entities able to take part in the FX market as a whole, but the popularisation of online trading has made this possible for the ordinary investor as well.

          Related topics

          FAQ

          1. Who regulates AUD/USD brokers?

          At the time of writing, the Financial Conduct Authority, which is based in the UK, is one of the largest and most trusted regulatory bodies in the forex industry. The FCA is known for taking swift action against brokers that do not adhere to its standards. Other reputable bodies include the Australian Securities and Investments Commission and the Cyprus Securities and Exchange Commission.

          2. What are the most dangerous risks to look out for when trading the AUD/USD?

          Leverage is one of the riskiest aspects of currency trading. It can be very profitable for investors, but it also amplifies losses when they occur. The exchange rate itself is another potential risk, as currency price fluctuations can easily catch traders off guard. Finally, the risk of ruin is another danger to be wary of. This refers to the possibility of losing most of the money you invested, rendering you unable to participate in the FX market thereafter. All of these potential problems highlight how important risk management is.

          3. Can I fund my broker account by using Neteller?

          This depends on your broker. Most brokers strive to offer as many convenient banking solutions as possible to their customers, so you can typically use this e-wallet for deposits. Nonetheless, make sure to double-check, as some brokerages do not offer digital wallets as a deposit option.

          4. What is a lot?

          In trading, a lot represents a specific number of units. Lots help you determine the size of your trade. A standard lot consists of 100,000 units. A lot of 10,000 units is called a mini lot, while a micro lot contains just 1,000 units.

          5. I do not wish to download forex trading software. Can I trade on a browser?

          Yes. Although the features of a web-based trading platform are not always one-to-one with its desktop counterpart, these platforms are more than sufficient for the vast majority of retail investors. Most brokers offer this option.