Top 10 Best Forex Brokers For Trading News for 2020
Are you looking for the best broker for trading news because you want to be ready to act fast when important economic or political events shake up the market?
We can help.
If staying informed is important for you when picking your next broker, there are several things to look out for, such as an up to date economic calendar, rolling news coverage, analytical reports, and educational materials.
A great broker should have the perfect combination of these tools and, more importantly, offer an excellent service that fits in with your trading style.
Top 10 Best Forex Brokers For Trading News 2020
Here’s our ranking:
1. IC Markets
IC Markets tops our list for the best trading news of 2020 with excellent resources on hand for their traders. Like many brokers, IC Markets offers an economic calendar, however, their calendar stands out for being intricately detailed, allowing traders to click on events for more information and look at performance from the week before. On top of that, IC Markets releases rolling economic news throughout the day via several providers and has a top-rated blog for further analysis.
With Pepperstone, traders can benefit from tonnes of markets reviews, as well as company news and company press releases. All news comes from Pepperstone themselves and comes with excellent analysis that can help traders prepare for the short term and long term. However, perhaps the most interesting news Pepperstone offers is its informative videos where they discuss the trading strategies used by market experts, such as Kathy Lien.
XTB releases a wealth of economic news every day as events come, some of which is only available to those who have an account with them, and all are written by XTB themselves. XTB are also prompt in their press releases to their traders and their newsfeed is also available on their mobile app. Currently, they are also offering a free guide for scalping the DAX along with 10 videos.
FxPro is also a great choice for trading news offering in-depth analysis thorough out most of the week. FxPro stands out for exceptional coverage on crypto markets and for covering topics such as psychology. You also do not need to trade with FxPro to get updates from them, if you want to can simply just subscribe to their daily digest and receive it via email.
XM covers a very wide selection of areas, with news specifically for commodities, indices, cryptocurrency for example, as well a technical analysis. XM’s research team is also highly professional, all specialising in different areas of trading and releasing special reports. XM’s economic calendar is also very useful and even high lights expected volatility.
HotForex is the best option for those who just want small bites of information and are not too interested in in-depth overall analysis. Throughout the day, HotForex is excellent at releasing this information quickly and efficiently, often only minutes apart from one another. By doing this, HotForex perhaps cover more news than most of their competitors.
Admiral Markets has an excellent trading blog and provides a good variety of trading news stories. Admiral Markets’ economic calendar is also a great tool, offering a variety of filter options and highlights the potential impact of each event. Every year Admiral Markets an overall market review, highlighting key areas traders should watch as the year progresses.
In RoboForex’s Forex Analysis & Forecasts section, traders will find a treasure trove of economic analyses published throughout the day. Often each article is short and concise without being vague, allowing traders to quickly get a hold of the information they need and decide how to act. RoboForex also has an informative economic calendar and publishes webinars too.
Grand Capital publishes several informative and concise analyses throughout the day, usually along with an in-depth graph and some with trading recommendations, which are very useful to have. It is also possible to subscribe to Grand Capital’s analytics reviews and videos without trading with them. Grand Capital also has a unique economic calendar that counts down each event.
While LCG doesn’t produce as much content as some of its rivals, its news stories are well researched and highly informative. LCG also publishes analysis videos that cover a range of different topics and highlight specific economic and political events to look out for throughout the week, which can affect volatility. LCG also host regular webinars by industry experts.