Many of us dream of retiring early and spending the rest of our lives focusing on what’s most important to us. In most circumstances, the only way to achieve this is through establishing passive income. While there are many avenues to achieve this, investing your money is one of the most common.
You aren’t limited to conventional stocks, either. Forex trading can be a lucrative way to grow your net worth. When investing in Forex, it’s recommended to use unregulated Forex brokers.
This will help you avoid common restrictions and fees you would’ve otherwise dealt with. Let’s explore some of the best unregulated Forex brokers to consider.
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AMarkets
This is an online broker that allows traders to speculate on stocks, commodities, and cryptocurrencies. It’s renowned for having a clean UI that makes navigation a breeze.
It even offers a copy trading feature to help streamline your actions. Users can also enjoy the ability to deposit multiple types of currencies at the same time. This is a great platform for beginners in the Forex investing space.
SimpleFX
Don’t let the name fool you, as this application is anything but simple. There’s no shortage of features it offers users, as there are plenty of customization and technical analysis options.
Those who use SimpleFX have access to leverage up to 1,000 to 1. However, it’s worth noting that the amount of available leverage decreases proportionally to the value of the account. For example, only accounts that have less than $1,000 can take advantage of the 1,000 to 1 leverage.
As more money enters the account, the available leverage decreases. Keep this information in mind when moving forward to make the most appropriate decision for your needs.
NordFX
NordFX customers can choose between a Pro, Fix, or Zero account. Despite the name, their Zero account is the highest accessible tier and requires a minimum deposit of $500.
Like other platforms on this list, it offers a copy trading feature that lets users mirror trades made by more experienced individuals. This can be incredibly useful for people who don’t know how to make the best possible trades. In many cases, it can substantially improve their returns.
FXTH
Also known as Forex Thailand, FXTH is the ideal platform for those looking to get involved in this market. The Thai baht comes with the potential for an amazing return on investment if you play your cards right.
While this platform is one of the most notable available, it can’t replace a solid investing strategy. Be sure to thoroughly research the market before contributing money. You can check out fxth.com for more information.
Choose from the Best Unregulated Forex Brokers
The best unregulated forex brokers in this guide will help ensure you have the greatest opportunity to exponentially grow your investment. From here, you can begin scaling your portfolio and take one step closer to achieving financial independence.
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