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Best Forex Brokers For Intermediate Traders

Did you know that many forex brokers offer extra support to intermediate traders? If you’ve been trading for a few months, it can sometimes help to switch providers and find a forex broker that better meets your current trading needs.

Best Brokers For Intermediate Traders

Here is our list of the top brokers for intermediate traders – with a specific focus on those offering good trading conditions, great market analysis, and excellent online trading support.

Broker

Features

Broker Reviews

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* 1:1000 leverage

* 210+ instruments

* $15 min. deposit

* Free education

* 1:1000 leverage

* 1200+ instruments

* $50 min. deposit

* Tight spreads

* 1:1000 leverage

* 950+ instruments

* Copy trading

* 1:500 leverage
* 200+ Instruments
* Free trading tools

* Low deposit
* 1:500 leverage
* Great bonuses

* 1:500 leverage
* Crypto trading

* $100 min. deposit
* Welcomes EA & HFT

* 1:1000 leverage
* 1000+ instruments
* $10 min. deposit

FXGiants

* 1:1000 leverage
* 100+ Instruments
* Free education

FP Markets

* 1:500 leverage

* 10,000+ instruments

* $200 min. deposit

* Ultra low latency

* 1:500 leverage

* 800+ instruments

* $10 min. deposit

* African Broker

*1:500 leverage
 *Low spreads
* Fast withdrawals

* 1:400 leverage
* 200+ instruments
* $5 min. deposit

* 1:500 leverage

* STP broker

* $100 min. deposit

* Great support

* Cryptotrading
* 1:500 Leverage
* $5 min. deposit

* Fast execution

* 1:500 leverage

* $1 min. deposit
* Crypto deposits
* Fast registration

* 1:500 leverage

* 300+ instruments

* $50 min. deposit

* Great analysis

* 1:500 leverage

* 1000+ instruments

* $100 min. deposit

* Crypto CFD trading

* 1:1000 leverage

* 130+ instruments

* $5 min. deposit

* Raw spreads

* 1:500 leverage

* 80+ instruments

* $200 min. deposit

* Excellent support

What Now For Intermediate Traders?

It’s important to start planning your next move. At this stage in your trading career, you’re going to need to focus on improving your trading strategies and on increasing your profitability. To do this, you’re likely to need to better trading conditions and better trading resources

What Resources Do Intermediate Traders Need?

As an intermediate trader, you’re going to need new educational resources. If you’ve already covered the beginners topics, it’s time to start looking for more advanced content. For example, you might want to spend your time focusing on improving your technical analysis and risk management skills. As an immediate trader, you’re also going to need new trading tools. It’s time to learn how to use EAs and Indicators. It’s also time to start looking into copytrading and trading signal services. 

How To Choose The Best Forex Broker

  • Trading Conditions – Intermediate traders may benefit from better trading conditions. Look for brokers with a wide range of trading instruments. Look for brokers that also offer you high leverage, low commissions, tight spreads.
  • Trading Tools – Most brokers offer a small selection of free trading tools. Look for a broker that also offers access to more advanced tools, such as EAs and chart indicators, and that provides more detailed technical analysis. 
  • Forex Education – Most forex brokers offer educational resources for beginners. Look for a broker that also offers free access to intermediate trading courses, advanced trading webinars, and more specialist trading guides.

For more information about the best forex brokers in Nigeria, check out our forex broker reviews.