After spending seven months and hundreds of hours researching 43 different forex brokers
for trading FX, our team at ForexBrokers.com team collected over 6,000 data points. For this review, we will compare KVB Kunlun vs TD Ameritrade FX.
To compare these two FX brokers, we will first take a look at the fees charged for trading (no easy task). Not every forex broker publicizes their average spreads, spreads data can vary, as can execution policies and how commissions are charged. Specifically, is the broker a dealing desk (market maker), no dealing desk (agency broker) or are both execution methods offered (dealing desk + STP/ECN)? To simplify this research, we assessed everything for you and provide a single star rating for cost. TD Ameritrade FX received a rating of 4.00 stars over KVB Kunlun 's 3.00 stars.
Commissions and fees aside, let's take a look at regulation and currency availability. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. KVB Kunlun and TD Ameritrade FX both are regulated in a major hub. KVB Kunlun alongside TD Ameritrade FX are publicly traded companies. As far as how many currency pairs are available for trading, here's the answer. TD Ameritrade FX boasts an offering of 77 different currency pairs compared to KVB Kunlun 's 30 available pairs.
Next, let's look at the tools and features fx traders desire. With trading platforms, forex traders are all familiar with MetaTrader. KVB Kunlun makes Meta Trader available to clients, while TD Ameritrade FX does not. Regardless of the trading platform you use, charting should be feature rich. To help compare these two brokers, we counted the number of drawing tools and total technical indicators made available. KVB Kunlun boasts an offering of 31 charting tools compared to TD Ameritrade FX's 20 available charting tools. TD Ameritrade FX boasts an offering of 377 different indicators (for example, moving averages) compared to KVB Kunlun 's 51 available indicators.
Overall, TD Ameritrade FX comes out on top with 4.50 stars over KVB Kunlun 's 2.50 stars. And, when it comes to individual category awards, TD Ameritrade FX finished with awards Best in Class - Mobile Trading in 2018, while KVB Kunlun came up with none of these.