2019 Comparison and detailed reviews of Forex, Crypto and CFD sites

Doctor

masslib.net was born following the observation of the poverty of the various comparisons of forex broker and CFD. No guide and comparison on the web highlights the companies that hide behind the trade names of brokers such as IQ Option, BDSwiss, Etoro,…

Here you will find links to brokers’ licenses and approvals as well as short lines on first deposit bonuses that are rarely good to take. We also measured the average time for withdrawals and the effectiveness of French support on specific issues related to online trading.

This will allow you to get the best information and avoid illegal and suspicious brokers’ scams. To simplify the task for you, we have set up a quality label.

The NMS label

To obtain the label, brokers must:

  1. Not be on the AMF blacklist
  2. The reviews verified on these different brokers must exceed 3.5/5.
  3. Deposits must be guaranteed and withdrawals possible within 72 hours with the bonus conditions displayed at the time of deposit.

If you have a problem with one of the brokers labelled masslib.net, you can contact us to explain the difficulties encountered. We will forward the information to the broker and try to solve your problem. The brokers below have never, to our knowledge, caused any problems with withdrawals. They are financially strong, have many employees and will still be present in 5 years most certainly.

Cryptography trading is not supervised by any European regulatory framework, and represents high risks. Risk warning: Your capital may be at risk.

The Top 5 CFD brokers and brokers in united Kingdom

number 00e9ro 1eToro logo★★★★★★★★See Site (*)
number 00e9ro 2IqOption logo★★★★★★See Site
number 00e9ro 3BDSwiss logo★★★★★★See Site
number 00e9ro 4XTB logo★★★★★See Site
number 00e9ro 5AvaTrade logo★★★★See Site

Your capital is subject to risk.

Your capital is at risk.

CFDs are complex instruments and present a high risk of rapid capital loss due to leverage. 66% of retail client accounts lose money when trading CFDs. You need to make sure that you understand how CFDs work and that you can afford to take the high risk of losing your money.

 

Regulatory authorities

AMF logo

THE AMF

The objective of the Autorité des Marchés Financiers is to protect savings and regulate financial markets at European and international level. It lays down rules, authorises and supervises the actors and products of savings. It now controls and can sanction any person engaging in practices that violate the rights of investors. The AMF publishes a regularly updated blacklist of protected Forex and CFD brokers.

banque de france

The Banque de France

As the central bank of France, it ensures monetary and financial stability. Since 1998 its actions as well as monetary policy have been dependent on the European Central Bank. It provides approvals to brokers or online brokers that comply with the standards of French law and its solvency. It is a guarantee that the investor has legal recourse in the event of a dispute.

cysec logo

The CySEC

The Cyprus Financial Supervisory Commission is responsible for supervising the transactions carried out by investment companies in Cyprus. It has regulations in force with the EU. Given the number of recognized brokers and online brokers in its territory, CySEC has become a must. It supervises transactions in financial markets such as Forex, gives its approval after the control of a candidate and may impose penalties and administrative sanctions.

What is a protected CFD?

The protected CFD is the most simplified version of online trading. It is about betting up or down on the price of an asset. If you have predicted correctly, then you will make a profit of 75% to 95%. If your prediction is wrong, you lose your trade bet. You must therefore have an excellent graphic and fundamental analysis in order to be profitable on many trades, which is not given to everyone. Like any profession or passion to excel, it takes a lot of time:

  • Reading books dedicated to finance (see our top 5 essential books)
  • Participation in seminars and/or webinars
  • Reading the news
  • Experience and training (for this purpose, creating a demo account or opening an account with 25€ free is ideal)
  • Monitoring of TV channel of financial news

Why trade CFDs and Bitcoin?

As a hobby, trading protected CFDs is an excellent way to get into the financial markets. With a low capital (100€ at BDSwiss) you can trade stocks like Apple or Facebook, natural resources like gold or oil, or currency pairs like EUR/USD.

CFDs are more advantageous than stock exchanges or forex for small budgets because commissions per trade are lower, the risk is limited for each trade and the investment is minimal (100 to 200€ for most brokers) while to invest in the stock market it is very often advisable to start with more than 10 000€.

Protected CFD VS Forex VS Stock Exchange

Forex, which is more complex, will require preparation. It will be suitable for intermediate and advanced traders. The stock market is considered as an investment or as an investment, unlike speculation for Forex, CFD and Crypto.

List of reliable forex and CFD brokers with NMS certification

number 00e9ro 1eToro logo★★★★★★★★See Site (*)
number 00e9ro 2IqOption logo★★★★★★See Site
number 00e9ro 3BDSwiss logo★★★★★★See Site
number 00e9ro 4XTB logo★★★★★See Site
number 00e9ro 5AvaTrade logo★★★★See Site

Your capital is subject to risk.

Your capital is at risk.

CFDs are complex instruments and present a high risk of rapid capital loss due to leverage. 66% of retail client accounts lose money when trading CFDs. You need to make sure that you understand how CFDs work and that you can afford to take the high risk of losing your money.

Asset management VS Speculation

Any return in excess of 5% per year is an investment that involves risk. Forex and forex or CFD trading allows you to achieve returns of more than 95% in 1 minute. So you will understand that the risk is extremely high. To compensate for this risk, basic rules such as the diversification of your portfolio or the implementation of strict management (no trade exceeding 5% of your capital) can allow you to reduce the risk. If you want a low-risk investment, buy government bonds, treasury bills or real estate (some people are able to earn excellent returns by buying small studios in large cities and then renting them on airbnb by the day or week)

Become a trader and make a living from trading

Only 5% are able to generate long-term profits from forex or crypto and protected CFD trading. This 5% is distinguished by a rigorous approach, a steel mind and a keen knowledge of the financial markets! To become a full-time trader you will need:

  1. High IQ (most have completed Polytechnic)
  2. A long training course with a minimum of 5 years’ higher education
  3. Years of experience
  4. High EQ (emotional quotient) and a strong mentality (combined with meditation)

As you can see, living from trading is not given to everyone. That’s why we advise 95% of our readers to keep trading as a hobby (which can be profitable) and to keep your investment limited to 500€/year.

You will also need to become familiar with graph and data analysis techniques. Whether it is with fundamental analysis or technical analysis with charisma, you will need to invest personal time to “feel” the markets through economic and financial monitoring. Understanding methods such as the Bollinger Band or Japanese candlesticks for Forex are essential to successfully interpret and take the best positions.

Danger and trading risk

Trading protected CFDs and forex involves very high risks. It is possible to lose your entire investment. Only invest in CFDs or forex if you are fully aware of the risks. The masslib.net website cannot be held responsible for any losses.

Trading Forex and CFDs involves risks. You can win or lose all your capital. Forex and CFDs are subject to leverage effects that may exceed the amount of your capital in the event of a loss. Trading is not suitable for all profiles.