Forex Trading for Professionals

  1. What Is Forex Trading for Professionals?
  2. Top 5 Forex Brokers for Professionals
  3. How to Become a Professional Trader?
  4. How Much Does a Professional Account Cost?
  5. Forex Professional Trading Brokers List

What Is Forex Trading for Professionals?

In forex professional trader status is not acquired easily. Usually, it takes years of dedication and commitment.

So, who is a professional trader? A professional forex trader specializes in the financial market and is engaged in full-time trading. See some of inportant notes about Professional Trading:

  • Professional Trading benefits typically include: access to high leverage of 1:500, Active Trader Bonus programs, lower costs and rebates based on volume, also access to custom-made trading technology or solutions with personal manager etc.
  • However, brokers in their turn have specific expectations and requirements for the traders to make sure they are qualified to sign in for a professional account. In most cases, Professional Trader has to prove its status either by passing a specific test required by the broker, which is a simpler way, or to be licensed Professional Trader authorized by the local governance (this based on the country and applicable laws).
  • For a professional trader, the necessary and important step is finding a reliable broker with good standing and sophisticated tools included also Broker with good conditions to work over long time trading for best results

🏦 Trading InstrumentsAll, depending on the broker
🎓 Platform Instruments, ToolsAdvanced
📈 Leverage High up to 1:500
💰 Signing feeDepends on the broker

What is good Professional Trading Strategy Platform?

Professional traders also have clearly developed and well-defined strategies, they usually follow the economic tendencies and central bank policies all around the world.

  • The two strategies that have proved to be handy in forex trading are technical analysis and fundamental analysis. Most professional traders combine these two to get the most out of them. Many professional traders also rely on automated trading, to monitor and execute positions 24/7 and follow market fluctuations.
  • Professional traders are also often engaged in long-term trading, although shorter-term trades are also frequent. Day trading, Swing trading, Scalping, and News trading are all a part of a professional trader’s strategies.
Professional TradingAdvantagesProfessional Trading Disadvantages
Range of benefits provided exclusively to Professional Traders Professional Trader has to pass certification
Benefits might include: Pro tools, Custom Technology, Personal Managers, lower fees, rebates etc Requires high capital
Access to high leverageTools and offer depends on Broker and jurisdiction

Top 5 Best Forex Brokers for Professional Traders

Here is the selection of the Best Brokers for Professional traders with rankings. We have selected brokers that have best offerings in the market, providing a high level of services and conditions suitable for professional trades:

  • HFM – Best Overall Broker for Professional Trading 2023
  • BlackBull Markets – Best MT5 Broker for Professionals 2023
  • FP Markets – Lowest Spread Broker for Professionals 2023
  • Pepperstone– Best Day Trading Broker for Professionals 2023
  • BDSwiss – Best Scalping Broker for Professionals 2023

How to Become a Professional Trader?

Professional traders need to have some proof-backed financial experience in the field. Eventually, there are two ways to become a professional trader, either to pass education and obtain a license from the country you reside in, which is complicated process for truly financial professionals or easiest way is to Proff the status to the broker by passing specific test.

How Much Does a Professional Account Cost?

To have an access to professional accounts, traders should meet a number of requirements set by the broker including proving Professional status and meeting minimum deposit requirements or operation trading volumes. Based on our experience and finding, typically professional traders should be able to make at least $500k investment annually, yet this depends by the broker requirements and conditions.

  • A professional account comes with a range of benefits that include no commission, tighter spreads, low fees, bonuses, faster customer help, and many other advantages that also depend on the particular broker.

Professional Trading Forex Brokers List

This is the list of the Brokers we select that are suitable for Professional traders also with favorable conditions and tools:

Broker Detail
Min. Deposit: 0 US$
Max. Leverage: 1:30 | 1:2000
Trading Platforms: MT4, MT5, HFM Trading App
Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA
HFM Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
BlackBull Markets Review
FPM logo FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5, cTrader
Regulation: ASIC, CySEC, St. Vincent and the Grenadines, FSP
FP Markets Review
Pepperstone Review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5, cTrader, TradingView
Pepperstone Review
BDSwiss Review BDSwiss
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and App
Regulation: FSC, FSA
BDSwiss Review
GO Markets
Min. Deposit: 0 US$
Max. Leverage: 1:30, 1:500
Trading Platforms: MT4, MT5, cTrader, WebTrader
Regulation: ASIC, CySEC, FSC, FSA
GO Markets Review
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, TradingView
Regulation: ASIC, SCB
Eightcap Review
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, SVG FSA
FXCC Review
Min. Deposit: US$100
Max. Leverage: 1:500
Trading Platforms: MT4
Regulation: MFSC
Orbex Review
avatrade review AvaTrade
Min. Deposit: $100
Max. Leverage: 1:30 | 1:400
Trading Platforms: MT4, MT5, WebTrader, AvatradeGO, AvaOptions, DupliTrade, ZuluTrade, AvaSocial,
Regulation: Bank of Ireland, ASIC, JFSA, FSCA, CySEC, BVI FSC, FRSA, ISA
AvaTrade Review