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 Instruments	All, depending on the broker
🎓 Platform Instruments, Tools	Advanced
📈 Leverage	High up to 1:500
💰 Signing fee	Depends 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.

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:

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