Brokers That Use DXtrade

In the fast-moving financial markets, the trading platform that a trader chooses to use can make or break their trading experience. Traders should seek to use trading platforms with fast execution speeds and advanced trading tools. This is where DXtrade comes in. DXtrade is a set of multi-asset, multi-market, and broker-agnostic trading platforms with a ton of features. For forex and CFD traders, the trading platform availed to them is DXtradde CFD platform, a highly customisable and flexible platform. In this detailed review, we are going to take a look at some of the best brokers that use DXtrade. Let’s jump in.

DXtrade and TradingView Partnership

It is important that we understand the partnership between DXtrade and TradingView as it will come into play for some of the brokers that we select for this article. DXtrade and TradingView established integration to mutually support their broker partners. In this integration, TradingView acts as an advanced charting frontend while DXtrade provides the trading backend. This produces a mutually beneficial ecosystem for both platforms.

Key functionalities like order execution, risk management, and commissions are centralised within DXtrade. DXtrade then leverages TradingView’s reach by allowing its brokers visibility and direct signups onto the popular trading platform. On the other hand, TradingView gains broker partners by providing live trading through its charts.

So what are some of the best brokers that use DXtrade? Let’s take a look.

Pepperstone

Pepperstone is a global CFDs broker that allows its traders to trade financial markets using TradingView, straight from the charts. TradingView integrates seamlessly with DXtrade which offers the trading backend with advanced functionalities. This delivers traders a trading interface with fast execution speeds coupled with advanced charting tools. This is enough to give traders an edge in the fast-moving financial markets.

Impressively, Pepperstone offers traders a vast array of over 1,200 trading instruments. These include CFDs on forex, shares, indices, ETFs, commodities, cryptocurrencies, and currency indices. This comprehensive selection allows traders to diversify their investments across multiple markets without needing to use another broker. There are other trading platforms available to use including MetaTrader 4, MetaTrader 5, cTrader, and the Pepperstone Trading Platform.

Further, Pepperstone offers competitive and affordable spreads across its trading accounts. The standard account boasts spreads starting from just 1.0 pip for major currency pairs, with no commission. For even tighter spreads, the Razor account offers raw pricing from 0.0 pips, but a commission applies. This commission is $3.5 per side per lot on TradingView, Pepperstone Trading Platform, and MetaTrader platforms. In contrast, cTrader charges $3 per side per lot.

Traders should only ever invest with brokers that have regulations from reputable organisations. Luckily, Pepperstone is regulated by several organisations in various jurisdictions. The company is overseen by the ASIC in Australia, the FCA in the UK, the BaFin in Germany, and the CMA in Kenya, among others. This impressive lineup of regulatory licenses ensures a high standard of trust and reliability.

75.9% of retail CFD accounts lose money

FP Markets

FP Markets is another popular forex broker that allows its traders to use TradingView to place orders, meaning it integrates with DXtrade on the backend. TradingView provides sophisticated charting tools that allow traders to perform technical analysis while DXtrade provides the framework to place orders straight from the charts. This combination gives traders a sophisticated platform with real-time market feeds to stay ahead of the pack.

On the FP Markets broker site, traders can access a vast array of over 10,000 market instruments these include forex currency pairs and CFDs on indices, shares, metals, commodities, cryptocurrencies, bonds, and ETFs. There are other trading platforms available to use including MT4, MT5, cTrader, and Iress.

Further, this broker offers competitive spreads. The standard account features spreads starting from 1.0 pip for major currency pairs with no commission. For traders seeking tighter spreads, the raw account offers spreads from 0.0 pips, but a commission of $3 per side per lot applies.

Finally, FP Markets has good regulatory oversight. The broker is regulated by several financial authorities, including CySEC in Cyprus, the ASIC in Australia, and the FCSA in South Africa. This strong regulatory standing enhances investor confidence.

72.92% of retail CFD accounts lose money

Forex.com

Forex.com is an internationally recognized broker that offers a wide range of trading products. This broker is one of the most heavily regulated in the market. The broker is registered with the CFTC and is a member of the NFA in the USA and has regulations by the CIRO in Canada, the FCA in the UK, the ASIC in Australia, and the CySEC in Cyprus, among others.

Notably, Forex.com offers TradingView as one of its available trading platforms. This allows you to trade your Forex.com account directly through TradingView, granting access to its renowned charts, exclusive trader tools, and ideas from its industry-favourite site. Traders can place orders without leaving the TradingView charts thanks to backend integration with DXtrade. 

Further, traders have a wide range of investment options available. For those outside the US, the broker offers CFDs on forex, commodities, indices, stocks, and cryptocurrencies. US traders can access forex, real stocks, futures, futures options, and physical gold and silver. Finally, the spreads on this broker site are within industry standard starting from 1.0 pips on the standard and the MT4 accounts with no commission charged.

74-76% of retail investor accounts lose money when trading CFDs with this provider.

Deriv

In 2022, Deriv.com added Deriv X, developed on the basis of Devexperts' DXtrade, to their trading platform range. This trading platform is packed with features to support a variety of trading strategies. This platform is highly customisable and gives traders access to a diverse collection of market products. With Deriv X, investors can trade CFDs on forex, commodities, exchange-traded funds, stocks & indices, cryptocurrencies, and derived indices.

Top-tier brokers understand that minimal fees are crucial for maximizing trader profits. Deriv excels in this area by offering spreads beginning at a competitive 0.5 pips for major currency pairs, with no additional commissions.

Finally, Deriv is regulated by several organisations worldwide. Particularly, this broker is overseen by the MFSA of Malta, the Labuan FSA, the BVIFSC of the British Virgin Islands, and the VFSC of Vanuatu. Although regulations alone do not guarantee reliability, brokers with licenses from multiple regulatory bodies often stand out. However, securing a license from a tier-one regulator such as the CySEC, FCA, or ASIC would further enhance the broker's credibility and investor confidence.

Eightcap

Eightcap is another notable broker that delivers DXtrade to traders through its integration with TradingView. This broker enables traders to manage their accounts and place orders directly from TradingView. Traders can benefit from over 15 customizable chart types, including Kagi, Renko, and Point and Figure, to conduct in-depth market analysis. This feature is complemented by Eightcap’s competitive pricing and extensive range of market instruments.

Eightcap provides traders with access to over 800 instruments across various asset classes. This diverse selection includes CFDs on forex, commodities, indices, cryptocurrencies, and shares. In addition to TradingView, traders can also utilize MetaTrader 4 and MetaTrader 5. Furthermore, they have access to various trading tools, including Capitalise.ai and FlashTrader, among others.

Finally, let's examine the regulatory status of this broker. Positively, it holds regulatory licenses from two reputable organizations including the FCA and ASIC. This regulatory oversight helps in enhancing the reputation of this broker among traders.

BlackBull Markets

BlackBull Markets is a forex and CFD broker based in New Zealand. This broker has regulations by the FMA and the FSPR in New Zealand and the FSA in Seychelles. These regulatory licenses ensure that the broker adheres to strict standards of financial conduct and client protection.

BlackBull Markets offers a diverse range of trading instruments. Clients can trade forex, commodities, indices, shares, and cryptocurrencies. his wide variety provides traders with numerous opportunities to diversify their portfolios. This wide variety provides traders with numerous opportunities to diversify their portfolios.

There are various trading platforms that traders can use on this broker site. These include TradingView, MT4, MT5, cTrader, BlackBull CopyTrader, and BlackBull Invest. With TradingView, traders can experience the superior execution capabilities of DXtrade alongside TradingView’s advanced charting. This combination gives traders a comprehensive trading solution. 

Further, BlackBull Markets is known for its competitive spreads. There are three main trading accounts that traders can choose from. These include the ECN Standard, the ECN Prime, and the ECN Institutional accounts. The ECN standard account offers spreads from as low as 0.8 pips for major currency pairs with no commission required. In contrast, the ECN prime account has spreads from 0.1 pips plus a commission of $6 per lot. Meanwhile, the ECN institutional account features spreads from 0.0 pips with a commission of $4 per lot.

Saxo Bank

Saxo Bank has been operating in the forex space for well over 20 years. It has regulations from some of the most stringent organisations. These include the FCA in the UK, the FINMA in Switzerland, and the ASIC in Australia. Such regulations and the long experience in the market are some of the reasons why this broker is popular among traders. 

Moreover, Saxo Bank's partnership with TradingView offers traders a seamless trading experience. It delivers TradingView's advanced charting capabilities, in-depth analysis tools, and vibrant trading community. On top of that, it delivers DXtrade’s ultra-fast execution and risk management tools. 

On another note, traders have access to an extensive range of over 72,000 financial instruments. This makes the broker a one-stop shop for diverse investment needs. The platform offers trading in forex, stocks, ETFs, bonds, mutual funds, and crypto ETPs, as well as CFDs on ETFs, forex, stocks, indices, bonds, commodities, and index options. To top it off, traders benefit from highly competitive pricing with spreads starting at just 0.6 pips for major currency pairs and no commission fees.

Final Comments

DXtrade is a game-changer in the trading industry. It offers a comprehensive and customizable trading platform that caters to the diverse needs of traders. With its advanced features, multi-asset support, and robust security measures, DXtrade delivers exceptional trading experiences. Moreover, its integration with TradingView allows traders to analyse the markets on advanced charting tools with a ton of indicators. The brokers we mentioned here not only use DXtrade, but they also deliver competitive pricing. On top of that, they offer diverse collections of market products and are regulated in a variety of jurisdictions. Nonetheless, this is not an exhaustive list. As such, we encourage all traders to do their own research and pick the broker that best suits their specific needs.