• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course
Johnathon Fox
01/29/2021 | UPDATED ON: 05/17/2022

Best Hedging Forex Brokers 2022

Are you looking for a broker that will allow hedging so you can lower your account risk? Then, you are in the right spot. Whilst not all brokers will allow you to hedge, in this post we go through the very best brokers that allow hedging.

Just because a broker allows hedging does not make them a good broker and in this post we outline the pros and cons of each hedging broker and how you can get started.

 

Compare Forex Brokers Fees:

Use our side-by-side comparison table to compare Forex broker accounts, spreads and fees.

 

Best Hedging Forex Brokers

Eagle FX

Eagle FX Regulation Min Deposit Platform Open an Account
eagle fx Nil $10 MT4 Trade Now

Pros:

  • High leverage.
  • Small minimum deposit.
  • Fast trade execution times.
  • A demo account is offered.

Cons:

  • Limited deposit and withdrawal options.
  • No regulation.

EagleFX is another newer broker on the scene that offers small minimum deposit options along with the ability to use large leverage.

EagleFX offers super fast trading execution times along with dedicated client support that is available 24 hours a day and seven days a week.

The signup process to EagleFX is very easy and after you have signed up you will be given the free MT4 platform you can use on either your desktop or mobile devices to trade in either real or demo mode.

Trade Now

Your capital is at risk.

Longhorn FX

Longhorn FX Regulation Min Deposit Platform Open an Account
longhorn fx Nil  $10 MT4 Trade Now

Pros:

  • Fast trade execution times.
  • High leverage available.
  • A demo account is offered.

Cons:

  • No bonuses offered.
  • No regulation.

Longhorn FX is a newer broker that is located in th Saint Vincent and the Grenadines.

Longhorn offers trading on over 150 assets with leverage available up to 1:500 making it attractive to a lot of traders.

After signing up you get access to the MT4 platform that you can use to trade both in demo and ‘real' modes.

Longhorn FX offer small spreads and fast trading execution times making it a good option for many different types of trader.

Trade Now

Your capital is at risk.

OctaFX

OctaFX Regulation Min Deposit Platform Open an Account
octafx logo CySec $5 MT4, MT5 and cTrader Trade Now

Pros:

  • Small minimum deposit.
  • STP style broker.
  • A demo account is offered.
  • Wide range of platforms.

Cons:

  • Lacking in tier one regulation.
  • Some countries not accepted.

OctaFX is a STP style broker that has opened more than 1.5 million trading accounts.

OctaFX covers 100 countries and they have won 28 different industry. Along with their MT5 platform you also get access to MT4 and cTrader platforms.

OctaFX offer a large range of free education and market analysis and you also gain access to their copy trading platform. This allows you to copy other professional traders and make money from their winning trades.

Trade Now

Your capital is at risk.

FP Markets

FP Markets Regulation Min Deposit Platform Open an Account
fp markets logo FSCA, ASIC, CySec.  $100 MT4, MT5 and IRESS Trade Now

Pros:

  • No withdrawal or deposit fees.
  • Customer support through whatsapp messages.
  • A demo account is offered.

Cons:

  • Inactivity fee after three months.
  • They do not have a very complete educational section.

FP Markets is also an Australian based broker that is regulated by ASIC.

This broker has been around a long time as it was founded in 2005. With FP Markets you have many different deposit and withdrawal options including all the major cards and Paypal.

FP markets offer a large range of education and market analysis and along with their MT5 charts, they also offer other trading platforms to suit your individual needs including IRESS.

Trade Now

Your capital is at risk.

Pepperstone

Regulation Min Deposit Platform Open an Account
Pepperstone ASIC, FCA + Others $200 MT4, MT5 and cTrader Trade Now

Pros:

  • It is regulated by ASIC and FCA.
  • Offers various trading platforms.
  • Low FX, equity, and indices fees.
  • Excellent customer service.
  • Free deposit and withdrawal.

Cons:

  • No investor protection for non-EU traders.
  • No fundamental data analysis.

Pepperstone is an Australian based broker and is widely regarded as one of the best Forex brokers in the world.

With Pepperstone you have the ability to trade on Forex, gold, indices, equities, and more. One of the biggest benefits to Pepperstone is the availability of not just MT5, but also other different trading platforms. You can choose any of the MT4, MT5, and cTrader that come on desktop, mobile and web trading.

Pepperstone offer very comprehensive education and analysis that ranges from market news, analysis, an economic calendar, guides, webinars, and more.

Another large benefit to Pepperstone is their small trading costs. Pepperstone offer very small spreads and charge low commissions per round trade.

Trade Now

Your capital is at risk.

What is Hedging in the Forex Market?

Hedging is normally a strategy to protect or minimize your potential downside.

Hedging is normally a short term strategy where you are concerned that price could move against your current open position and you are looking for a way to minimize your downside.

When hedging you are holding both a long and a short trade on the same Forex pair. For example; you may be holding a long trade on the EURUSD whilst at the same time also holding the same amount in a short trade on the EURUSD. This will hedge your position. You will not lose any money, but you will also not make any.

 

Is Hedging Legal?

Hedging is legal, however not all brokers allow it.

Also straightforward hedging cannot be carried out with brokers from the US.

Hedging is a very common strategy where a trader will look to mitigate their risk. This is common if a trader is in a longer term trade and a potentially large new announcement is coming up. They could hedge their position until this announcement has passed to protect their downside.

 

Do All Brokers Allow Hedging?

No, not all brokers will allow you to hedge your position and make hedging trades. The brokers listed below will allow you to open an account and make hedging trades.

#1: Eagle FX

#2: Longhorn FX

#3: Octa FX

#4: FP Markets

#5: Pepperstone

 

FAQ's

What is Hedging in the Forex Market?

Hedging is normally a strategy to protect or minimize your potential downside. Hedging is normally a short term strategy where you are concerned that price could move against your current open position and you are looking for a way to minimize your downside. When hedging you are holding both a long and a short trade on the same Forex pair. For example; you may be holding a long trade on the EURUSD whilst at the same time also holding the same amount in a short trade on the EURUSD. This will hedge your position. You will not lose any money, but you will also not make any.

Is Hedging Legal?

Hedging is legal, however not all brokers allow it. Also straightforward hedging cannot be carried out with brokers from the US. Hedging is a very common strategy where a trader will look to mitigate their risk. This is common if a trader is in a longer term trade and a potentially large new announcement is coming up. They could hedge their position until this announcement has passed to protect their downside.

Do All Brokers Allow Hedging?

No, not all brokers will allow you to hedge your position and make hedging trades. The brokers listed below will allow you to open an account and make hedging trades. #1: Eagle FX #2: Longhorn FX #3: Octa FX #4: FP Markets #5: Pepperstone

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Best Scalping Forex Brokers 2022
Next Post: Weekly Price Action Trade Ideas – 1st to 5th of Feb 2021 »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

Finixio Ltd, Tower 42, 25 Old Broad Street, London EC2N 1HN | [email protected]

Copyright © Forex School Online - Finixio Ltd Company no. 11705811 - Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US