Octa has very low trading costs, charges no fees for deposits and withdrawals, and has a great copy trading service. On the other hand, Octa is essentially unregulated for Ugandan traders and has a limited range of instruments to trade compared to other brokers: 35 Forex pairs, 150 stocks, 5 commodities, 10 indices, and 30 cryptocurrencies. If you can look past these issues, you will find a low-cost broker with a fairly standard setup: Two accounts with minimum deposits of 25 USD, a slick mobile app, and a good range of trading tools. Octa also heavily promotes its wide range of bonuses, and it can offer leverage of 1:500 on Forex pairs.

Founded in 2001, easyMarkets was the first Forex broker to introduce negative balance protection and a guaranteed stop-loss. It has continued to innovate with unique tools such as easyTrade, Freeze Rate, and dealCancellation to help traders manage their risk. The main draw for beginner traders is easyMarkets’ well-designed trading platform, which integrates with TradingView and comes with all the tools mentioned above. easyMarkets’ also offers the MT4 and MT5 platforms, providing traders with ample choice.  easyMarkets offers seven live accounts with higher-than-average minimum deposits and trading costs that vary between 0.7 and 1.8 pips (EUR/USD), which is high for the industry. However, traders will appreciate that easyMarkets offers fixed spreads on most of its accounts, making it easy to calculate its trading costs.   Other than its trading costs, the only other drawback we found with easyMarkets is the lack of focus on more experienced traders. While easyMarkets provides good educational materials, it provides no advanced trading tools and virtually no market analysis. 

FXCM may appeal to high-volume traders who appreciate a wide platform choice and an extensive suite of advanced trading tools. However, its fixed leverage, high trading costs, high currency conversion fees, and high interest rates on accounts that go into a negative balance may deter some traders.  A well-regulated broker, FXCM offers an average number of financial instruments compared to other brokers, including Forex, commodities, indices, share CFDs, and cryptocurrencies. FXCM's single account has a minimum deposit of 50 USD and average spreads of [fxs-broker-property identifier="eur_usd_spread_smallest_account"] pips (EUR/USD), which is wider than other brokers. Clients with a notional trading volume of more than 10 million USD per month are eligible for rebates, dedicated customer support, free VPS services, and free access to multiple APIs.  FXCM 's range of trading platforms includes MT4, various advanced specialty platforms, and FXCM's award-winning proprietary platform, Trading Station. It also offers numerous trading tools, including various API tools, TradingView, Zulutrade, and a host of FXCM apps. 

Founded in 2012, BDSwiss is a responsible broker with a large international customer base.  It offers trading on multiple instruments, including Forex, commodities, shares, indices, and over 26 cryptocurrencies, which is a much wider range than is available at other brokers.   BDSwiss's trading fees are higher than other brokers across most of its account types. The Cent Account requires a minimum deposit of 10 USD and spreads start at 1.5 pips on the EUR/USD, but no commissions are charged for Forex trading. Trading fees are significantly lower on the Raw Account, down to 0.3 pips (EUR/USD) with a commission of 6 USD, but this is in exchange for a minimum deposit requirement of 5000 USD.   With full support for both the MT4, MT5, and its own proprietary trading platforms, traders can access various trading tools, including Autochartist and built-in trend analysis tools.  Additionally, its award-winning educational and analytical materials cater to traders of all experience levels, and BDSwiss allows all trading strategies, including hedging, scalping, and algorithmic trading.