If you’re looking for the best forex trading platform for low fees – it might be worth considering TD Ameritrade. In a nutshell, this forex broker allows you to trade currencies on a commission-free basis with no hidden spreads. Instead, your fees are simply built in to the bid/ask price.
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At TD Ameritrade, you will find over 50+ forex trading pairs across the majors, minors, and exotics. Although TD Ameritrade offers highly competitive fees
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We should note that its native trading platform – thinkorswim, is perhaps better suited for seasoned investors. With that said, if you know your way around a trading suite – thinkorswim offers everything you need.
| Minimum Deposit | $0 |
| Forex Pairs | 50+ |
| Trading Commission | 0% |
| Spread | Built into bid/ask price |
Pros
- Highly advanced thinkorswim trading suite
- Top-rated broker for seasoned investors
Cons
- Average/minimum spreads are not published
- Too advanced for beginners
- Exotic markets more limited in comparison to other brokers
For example, you will find real-time economic news and forex market developments, technical indicators, customizable charting screens, currency trading maps, and much more.
You can access thinkorswim via desktop software or your main web browser. It also comes in the shape of a mobile app for iOS and Android.
