As a forex trader, you need to be up-to-date with the latest market analysis in order to make informed trading decisions. Luckily, there are a number of forex brokers that provide free market analysis to their clients. In this article, we’ll take a look at the best forex brokers with free market analysis.
If you’re looking for forex brokers with free market analysis, here are some of the best ones:
Broker | Features | Broker Review | Visit |
 | * 1:1000 leverage * 1200+ instruments * $5 min. deposit * CMA licence | ||
 | * 1:500 leverage * 1000+ instruments * $200 min. deposit * CMA licence | ||
 | * 1:400 leverage * CMA licence | ||
 | * 1:500 leverage * 10,000 instruments * $100 min. deposit * ASIC licence | ||
 | * 1:500 leverage * 80+ instruments * $200 min. deposit * ASIC licence | ||
 | * 1:1000 leverage * 200+ instruments * $1 min. deposit * CySEC licence | ||
 | * 1:2000 leverage * 250+ instruments * $50 min. deposit * CMA licence | ||
 | * 1:888 leverage * 1000+ instruments * $5 min. deposit * CySEC licence |
Contents
What Is Market Analysis?
Market analysis enables traders to discover new trading opportunities and figure out the best time to trade. Most forex traders approach the market analysis in one of two ways. The first is using fundamental analysis. This when you look at the political, social, and economic influences. The other is technical analysis. This is when you look at charting tools and historical price data.
What Is Fundamental Analysis?
Fundamental analysis is when you study the data coming out of a country, and using it to try to understand the country’s economic and political outlook. The main advantage of fundamental analysis is that it helps you understand when economic data is going to come out and how big of an impact it will have on market prices. As such, you can plan your trades accordingly.
What Is Technical Analysis?
Technical analysis is when you look at historical price data with the hope of finding actionable trends. To do this, traders use a specific set of trading tools on their trading platform. These tools are designed specifically for identifying market trends. Many traders believe that chart patterns reoccur and that the main advantage of technical analysis will allow them to spot future trends.
How To Choose The Best Forex Broker
- Regulation – Find a forex broker that has a license from a reputable regulatory body. Check that they have negative balance protection and client fund safety measures as well.
- Trading Conditions – Look for a forex broker with a wide range of online trading instruments. Find a forex broker that also has high leverage, low commissions, and tight spreads.
- Minimum Deposits – Most good forex brokers have at least one low-cost account type. Look for brokers with an affordable minimum deposit and a wide selection of payment methods.