News trading is a forex strategy that involves making trades based on economic news releases and events. Here we’ll explore the 10 best forex brokers who are suitable for news trading, comparing their features, liquidity, execution speed, and other essential aspects crucial for successful trading during high-impact news events.
The following brokers have been identified as the best options for news trading, each offering unique advantages:
Broker:
News Trading:
Advantages:
Account:
Yes, suitable for News Trading
- No Minimum Deposit
- Spreads from 0.0 Pips
- 26,000+ Markets
- Leverage up to 1:500
- Low Commission from 2$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, Invest Account
- New Zealand regulated
Yes, suitable for News Trading
- 5x regulated broker
- Spreads from 0.0 Pips
- More than 10,000 markets
- Leverage up to 1:500
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, IRRES
Yes, suitable for News Trading
- ECN Accounts
- Spreads from 0.0 Pips
- Copy Trading available
- Leverage up to 1:500
- Low Commission from 1.5$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, Pro Trader
Yes, suitable for News Trading
- Different ECN Accounts
- Spreads from 0.0 Pips
- Copy Trading available
- Leverage up to 1:2000
- Low Commission from 6$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader, Pro Trader
Yes, suitable for News Trading
- ECN/STP Accounts
- Spreads from 0.0 Pips
- Leverage up to 1:1000
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- MT4/5 and Pro Trader
Yes, suitable for News Trading
- Tier-1 Regulated Broker
- Spreads from 0.0 Pips
- Leverage up to 1:500 (1:30 EU)
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5, cTrader
Yes, suitable for News Trading
- Raw Spreads from 0.0 Pips
- Leverage up to 1:500
- Low Commission from 3$/1 Lot
- High liquidity and fast execution
- cTrader, MT4 ,MT5
Yes, suitable for News Trading
- Multiple regulated
- Spreads from 0.0 Pips
- Leverage up to 1:500 (1:30 EU)
- Low Commission from 2$/1 Lot
- Personal support
- MT4, MT5
Yes, suitable for News Trading
- Spreads from 0.0 Pips
- Leverage up to 1:500
- Low Commission from 4$/1 Lot
- High liquidity and fast execution
- TradingView, MT4/5
Yes, suitable for News Trading
- Offshore A-Book Broker
- Spreads from 0.0 Pips
- Leverage up to 1:500
- High liquidity and fast execution
- MT4, MT5
The 10 Best Forex Brokers for News Trading in Detail
When selecting a broker for news trading, you should prioritize those that offer the following features:
- Liquidity: Liquidity ensures your ability to enter and exit trades without significant price slippage.
- Execution speed: This is essential for capturing quick price movements.
- Low latency: You want minimal time taken for orders to be executed, something especially crucial during volatile market conditions.
1. BlackBull Markets
BlackBull Markets is known for its strong liquidity and highly efficient execution, which makes it the winner in our comparison.
The high liquidity and supportive environment take much of the hassle out of news trading, and when combined with their excellent Support, it’s not hard to see why many news traders have made a home here.
- The broker provides access to a great Economic Calendar and real-time news updates－essential for news traders.
- With low spreads and minimal slippage, BlackBull Markets offers an ideal environment for capitalizing on market volatility during news releases.
- Customer support is excellent, and news traders will experience a supportive environment in which to ply their trade.
Key Facts BlackBull Markets:
| Feature | Information |
|---|---|
| Markets | Forex, metals, stocks, indices, commodities, cryptocurrency |
| Leverage | Up to 1:500 |
| Spreads | ECN accounts starting from 0.0 pips |
| Commissions | Standard accounts no commission, RAW accounts $6.00 per lot per trade |
| Account types | Standard, Prime, and Institutional |
| Regulation | The Seychelles Financial Services Authority (FSA) |
| Support | Known for excellent 24/7 Support |
2. FP Markets
FP Markets is renowned for its deep liquidity and advanced trading infrastructure.
The broker’s ability to plump up liquidity as well as offer you a sleek trading platform makes it particularly good for news trading.
- The broker provides access to a wide range of currency pairs, making it an excellent choice for news trading.
- With low spreads and fast execution speeds, FP Markets allows you to react swiftly to economic news.
- Their proprietary trading platforms are equipped with advanced tools that will help you analyze news impacts effectively.
Key Facts FP Markets:
| Feature | Information |
|---|---|
| Markets | Stocks, forex, stocks, indices, bonds, metals and other commodities |
| Leverage | Up to 1:500 |
| Spreads | Spreads start from 1.0 pips on the Standard account; with lower 0.0 pips spreads on RAW accounts |
| Commissions | Commission is $3.00 per lot per trade |
| Account types | You can get a Standard, Platinum, or Premier Account on the Iress platform, or a Standard or RAW account on MetaTrader |
| Regulation | Regulated by the Cyprus Securities and Exchange Commission (CySEC) as well as ASIC |
| Support | 24/7 Support |
3. Vantage Markets
Vantage Markets offers competitive spreads and high liquidity, making it a preferred choice for news traders.
No hiccups over liquidity when you need it most alongside a supportive technical build make Vantage ideal for many news traders.
- The broker supports various trading platforms, including MT 4 and MT 5, which are essential for real-time analysis.
- They offer several guides focused specifically on news trading.
- Vantage Markets is also known for its excellent customer service, ensuring that you can get support when you need it most.
Key Facts Vantage Markets:
| Feature | Information |
|---|---|
| Markets | Forex, indices, stocks, commodities, cryptocurrencies |
| Leverage | Up to 1:500 |
| Spreads | Starting from 1.0 pips on Standard accounts, tighter spreads on ECN accounts |
| Commissions | $3.00 commission per lot per trade |
| Account types | RAW ECN, Pro ECN, Standard STP, Cent, Swap Free |
| Regulation | Australian Securities and Investment Commission (ASIC), Financial Conduct Authority (FCA) UK, Financial Sector Conduct Authority (FSCA) of South Africa, Vanuatu Financial Services Commission (VFSC) |
| Support | 24/7 Support |
4. RoboForex
RoboForex stands out for its diverse range of trading instruments and account types.
Great available intel from the platform, competitive spreads, and quick execution all build a welcoming news trading portal.
- The broker provides access to news trading tools that enable traders to monitor upcoming economic events and their potential impacts.
- They also boast low latency and high execution speeds, which are vital during significant market news releases.
- RoboForex has been designed to be simple but highly effective, and many forex news traders find a home here.
Key Facts RoboForex:
| Feature | Information |
|---|---|
| Markets | Stocks, forex, commodities, ETFs, indices, futures |
| Leverage | Depending on account type, up to 1:2000 |
| Spreads | Variable; lowest on ECN accounts |
| Commissions | Competitive percentage commissions on ECN accounts; Standard accounts no commission |
| Account types | Pro, ECN, Prime, ProCent, R StocksTrader |
| Regulation | Financial Services Commission (FSC) |
| Support | 24/7 Support |
5. Moneta Markets
Moneta Markets is gaining popularity for its user-friendly trading environment and reliable execution.
Great trading intel, quick execution, and relatively low trading costs put Moneta on the list of great news trading brokers.
- The broker offers competitive spreads and a variety of account types suitable for different trading strategies.
- Moneta Markets gives you a great Economic Calendars and news feeds, making it easier to stay informed about upcoming events that could affect your trades.
- The customer service is genuine and reliable, and educational resources good－a great MT4 option.
Key Facts Moneta Markets:
| Feature | Information |
|---|---|
| Markets | Stocks & commodities, forex, bond CFDs, ETFs, indices, cryptocurrency |
| Leverage | Up to 1:500 |
| Spreads | Competitive spreads that start from 0.0 pips for ECN account holders |
| Commissions | Standard accounts usually zero commission, ECN accounts of $3.00 per lot per trade |
| Account types | Prime ECN and Ultra ECN, STP, PAMM & Islamic swap-free |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA) of South Africa, The Seychelles Financial Services Authority (FSA) |
| Support | Support has a good reputation, available 24/5 |
6. Pepperstone
Pepperstone is highly regarded for its trading technology and rapid execution speed.
Fast execution is a key component of every news trader’s toolbox, and Pepperstone offers you a well rounded news trading arena.
- The broker provides access to a variety of trading platforms, including cTrader and MetaTrader, which are essential for news trading.
- Tight spreads are the norm here, and the broker is by and large very enabling of a diversity of strategies.
- Add to this their low latency－Pepperstone allows you to react quickly to economic events, making it one of the best brokers for this strategy.
Key Facts Pepperstone:
| Markets | Forex, stock CFDs, commodities, indices, ETFs |
| Leverage | Up to 1:400 |
| Spreads | Spreads start from 0.0 pips |
| Commissions | No commission on Standard accounts, otherwise $6.00 per lot per trade |
| Account types | Standard, Pro, Razor, PAMM, Islamic |
| Regulation | ASIC, CySEC, FCA, and others |
| Support | Great 24/7 Support |
7. IC Trading
IC Markets is a popular choice among news traders due to its deep liquidity and low-cost trading.
A comparatively low-cost platform, IC Trading also offers you a wide variety of assets through which you can capitalize on market news, and supports a host of trading styles.
- The broker offers low spreads and fast execution, which are crucial for making quick trades during news events.
- IC Trading also provides access to an extensive range of CFDs.
- Combine this with a very decent selection of trading tools to help you prepare for market movements, and IC shines as a great news trading platform.
Key Facts IC Trading:
| Feature | Information |
|---|---|
| Markets | Forex, stocks, commodity CFDs, bonds, futures, cryptocurrency |
| Leverage | Up to 1:500 |
| Spreads | Spreads as low as 0.1 pips |
| Commissions | Commissions between $3.00 – $3.50 per lot |
| Account types | Standard, RAW, Islamic |
| Regulation | The Financial Services Commission of Mauritius (FSC) |
| Support | 24/7 Support |
8. XM
XM is a well known broker that provides excellent support for news trading.
Offering you fast execution and low spreads, news trading is highly facilitated at XM.
- With a comprehensive Economic Calendar and various account types, XM caters to both novice and experienced traders.
- The broker offers competitive spreads and fast execution speeds, allowing you to take advantage of rapid price movements during news releases.
- The platform is also intuitive, and many traders find it a great combination of simplicity with sufficient trading sophistication to enable regular profitability.
Key Facts XM:
| Feature | Information |
|---|---|
| Markets | Forex, stocks, indices, metals & energies and other commodities, cryptocurrencies |
| Leverage | Up to 1:1000 |
| Spreads | Low spreads from 0.0 pips, variable based on account type |
| Commissions | Commissions between $3.00 – $3.50 per lot |
| Account types | Standard, Micro, Ultra-Low, Shares Account |
| Regulation | Cyprus Securities and Exchange Commission (CYSEC) |
| Support | 24/5 Support |
9. FBS
FBS is another broker that offers a range of trading tools beneficial for news trading.
Ample available intel and low spreads make FBS a good choice for news traders, and many traders welcome the high leverage on offer too.
- The broker provides a user-friendly platform and low spreads, making it easier for you to execute your strategies during high-impact news events.
- Seasoned traders glean high leverage here on selected instruments.
- FBS also offers educational resources to help you get to grips with market dynamics better.
Key Facts FBS:
| Feature | Information |
|---|---|
| Markets | Forex, stocks, metals & other commodities, indices |
| Leverage | Up to 1:3000 |
| Spreads | Spreads start from 0.9 pips, |
| Commissions | Commissions start from $1.3 per lot |
| Account types | Standard, Cent |
| Regulation | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Financial Services Commission of Belize (FSC) |
| Support | 24/7 Support (that works more like 24/5 Support…) |
10. VT Markets
VT Markets is an emerging broker that focuses on providing a reliable trading environment.
Being part of the Vantage group of companies, VT Markets offers you a sleek trading experience with comparatively low trading costs, optimizing your news trading strategies.
- The broker offers competitive spreads and fast execution times, making it suitable for news trading.
- VT Markets also provides an Economic Calendar and market analysis tools, helping you stay informed about significant events.
- They offer several educational resources focused on news trading techniques and strategies.
Key Facts VT Markets:
| Feature | Information |
|---|---|
| Markets | Forex, metals and energies, some other commodities, stock CFDs, indices, bonds, ETFs |
| Leverage | Up to 1:500 |
| Spreads | Low spreads from 0.04 pips to higher, based on instruments traded |
| Commissions | $3.00 commission per lot per trade |
| Account types | RAW ECN, Standard STP, Cent, swap free |
| Regulation | Australian Securities and Investment Commission (ASIC), Mauritius Financial Services Commission (FSC) |
| Support | 24/7 Support |
Why don’t all Forex Brokers offer News Trading?
Not all forex brokers will support you in news trading, and this can be for a variety of reasons:
- Market conditions: Some brokers may not have the necessary infrastructure to handle the increased volatility and trading volume during news events.
- Risk management: News trading can result in wider spreads and slippage, which brokers may want to avoid to manage their risk exposure.
- Regulatory restrictions: Some jurisdictions have regulations that may limit the types of trading strategies brokers can offer, impacting their ability to truly facilitate news trading.
How we selected the Best News Trading Forex Brokers
The selection of the best news trading forex brokers was based on various criteria, including:
- Execution speed. The ability to execute trades quickly is paramount for news trading.
- Liquidity. Brokers with higher liquidity are better equipped to handle large order volumes during news releases.
- Spreads. Tight spreads reduce trading costs, making it easier for you to profit from quick movements.
- Platform features. Brokers offering advanced trading tools and news feeds enhance the trading experience for news traders.
- Customer Support: Reliable customer support ensures you can get the assistance you need when you need it, especially during critical trading moments.
What are the potential risks when News Trading with your Forex Broker?
While news trading can be profitable, it also comes with several risks:
- Wider spreads: During major news events, spreads may widen significantly, impacting the profitability of your trades.
- Slippage: Orders may be executed at a different price than expected due to rapid market movements, which can lead to unanticipated losses.
- Increased volatility: Sudden price changes can result in unexpected losses, particularly for traders who are not adequately prepared.
- Market reaction: Sometimes, the market may react unexpectedly to news, leading to losses even when the analysis suggests a different outcome.
News Trading strategies you can use with your Forex Broker
Successful news trading requires effective strategies to navigate market volatility. Here are a few popular strategies:
- Straddle strategy: With a straddle, you’ll place buy and sell orders on either side of the current market price before a news release. This allows you to profit from price movements in either direction, with your stop-loss kicking you out of the loser and your constantly adjusting take-profit riding the wave on the winning position.
- Breakout strategy: Here you’ll focus on key support and resistance levels and trade in the direction of the breakout following a news release.
- News fade strategy: After a significant news event, you can look to fade the initial move, anticipating a reversal on the back of the initial market overreaction.
- Economic Calendar analysis: You’ll use an Economic Calendar to track potentially significant upcoming news events, and analyze their potential impacts on specific currency pairs.
The Impact of News on Forex Currency Pairs
News events can significantly impact forex currency pairs, the forex market being the wholly entangled trading field that it is.
Economic indicators such as GDP reports, employment figures, and interest rate changes can lead to rapid price movements.
You need to understand the relationship between economic news and currency value fluctuations, since major events often result in increased volatility, which can create both opportunities and risks for you as a trader.
Conclusion
Choosing the right forex broker for news trading is essential for maximizing trading opportunities during high-impact events.
The ten brokers discussed in this article offer competitive features that cater specifically to news traders, including low latency, high liquidity, and tight spreads.
However, you should also be aware of the inherent risks of news trading, and develop effective strategies to navigate the volatility that news events can bring.
By selecting a suitable trading broker and employing sound trading strategies, you’ll eliminate the obvious obstacles to successful news trading, and optimize your potential profitability by capitalizing on your analysis on the right platform at the right time.
Once again, here is our Top 10 News Trading Brokers:
- BlackBull Markets: A broker that will facilitate you capturing rapid price movements through quick order execution
- FP Markets: FP Markets offers deep liquidity that ensures minimal slippage during volatile market conditions
- Vantage Markets: Competitive spreads that contribute to lowering your trading costs and enhance your profitability
- RoboForex: RoboForex offers you a diversity of trading instruments, giving you flexibility to adapt to news events
- Moneta Markets: A user-friendly platform that simplifies trading for both beginners and experienced traders
- Pepperstone: Offering you advanced trading platform options like cTrader and MetaTrader
- IC Trading: Offering low spreads and high liquidity makes IC Trading particularly beneficial for news trading
- XM: Multiple account types give you the flexibility to choose an account that suits your individual trading needs
- FBS: A very user-friendly interface makes it easier for you to execute your strategies quickly
- VT Markets: This is a broker with a growing reputation for excellent customer service and reliable support
Frequently Asked Questions:
What is news trading in forex?
News trading in forex involves making trades based on economic news releases and events that can impact currency prices. Traders that employ a news trading strategy will follow the Economic Calendar closely, and learn to interpret what events or news releases have the greatest effect on currency pairs.
How do I choose the best broker for news trading?
Look for brokers that offer low spreads, fast execution, high liquidity, and advanced trading tools specifically designed for news trading. It might seem that you can news trade anywhere, but the brokers listed above are specifically geared in many ways to enable news trading strategies, and trading on a platform wired differently or simply not focused on news trading will dent your profitability and frustrate your efforts.
What risks are associated with news trading?
Risks include wider spreads, slippage, increased volatility, and potential unexpected market reactions－news won’t guarantee outcomes, merely present you with the likelihood of positive or negative impacts on currency pairs.
Can I use any trading strategy for news trading?
While you can use various strategies, it’s essential to select those that align with the characteristics of news events, such as the straddle or breakout strategies. News trading is simple in construct, but not without risks, hence you should employ tactics that tie into news impacts logically.
How can I stay updated on economic news?
Use an Economic Calendar, news feeds, and trading platforms that provide real-time updates on economic indicators and events that affect the forex market. The brokers listed above will give you ample information to enable profitable news trading on forex.
