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Forex Broker Comparison Compare Forex Brokers, Find the Best FX Broker For You! |
Forex Brokers with Advanced Trading Platform
A list of Forex brokers which provide free advanced Forex trading platform. This unique trading software usually can be downloaded from broker's site and used solely with this broker. Such advanced platforms often provide Forex traders with powerful features which can greatly improve trading results.
FXCM:
| Company: | Forex Capital Markets |
| On-line since: | 1999 |
| Regulation: | Registered with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA). |
| Payment options: | On-line checks, bank wire, paper checks and credit cards |
| Minimum account size: | $300 |
| Minimum lot size: | 0.1 lot |
| Leverage: | 1:100 and 1:200 |
| Spreads: | 2-3 pips on EUR/USD |
Advantages:
- Unique trading software
- MetaTrader 4 support
- Great user support
- Training courses available
- Access to DailyFX.com
Disadvantages:
- Limitations for MetaTrader 4 accounts
Click here to open an account with FXCM
GFT Forex:
| Company: | Global Futures & Forex, Ltd. |
| On-line since: | 2001 |
| Regulation: | Registered with the Commodity Futures Trading Commission, is also a member of the Australian Securities and Investments Commission (ASIC), an independent Australian government body that regulates financial markets, securities, futures and corporations since January 1991. |
| Payment options: | Credit cards, eCheck, PayPal, bank wire and paper checks |
| Minimum account size: | $250 |
| Minimum lot size: | 0.1 lot |
| Leverage: | from 1:100 to 1:400 |
| Spreads: | Variable (3 pips average) on EUR/USD |
| Categories: | Metatrader Forex brokers , Forex brokers with CFD trading , Muslim Forex brokers, WebMoney Forex brokers , Moneybookers Forex brokers , e-gold Forex brokers , PayPal Forex brokers , enc forex brokers , Advanced Forex Brokers , institutional Forex Brokers , Web Forex Brokers , Free forex Books , Forex Tools |
Advantages:
- Unique trading software
- Ability to trade with really huge amounts of money
- Free Forex training
- More than 60 currency pairs
- Leverage up to 1:400
Disadvantages:
- Variable spreads can be quite high
- Opening an account is a complicated process
Click here to open an account with GFT Forex
Saxo Bank:
| Company: | Saxo Bank |
| On-line since: | 1999 |
| Regulation: | Saxo Bank is an officially registered European bank. |
| Payment options: | Wire transfer |
| Minimum account size: | $2,000 |
| Minimum lot size: | 1 lot |
| Leverage: | 1:100 |
| Spreads: | 2 pips on EUR/USD |
Advantages:
- Unique trading software
- Very solid company
Disadvantages:
- Very high margin requirements
- Opening an account is a complicated process
Click here to open an account with Saxo Bank
Realtime Forex:
| Company: | Realtime Forex SA |
| On-line since: | 2000 |
| Regulation: | Supervised directly by the Control Panel for the Prevention of Money Laundering Autorite de Controle LBA. |
| Payment options: | Bank wire |
| Minimum account size: | $3,000 |
| Minimum lot size: | 1 lot |
| Leverage: | from 1:50 to 1:100 |
| Spreads: | 3 (2 for big accounts) pips on EUR/USD |
Advantages:
- Advanced and newbie-friendly trading platforms
- Mobile trading supported
Disadvantages:
- No MetaTrader4 software support
- No mini Forex accounts
Click here to open an account with Realtime Forex
Deutsche Bank FOREX:
| Company: | Deutsche Bank AG |
| On-line since: | 2006 |
| Regulation: | Authorised under German Banking Law (competent authority: BaFin - Federal Financial Supervising Authority) and with respect to UK commodity derivatives business by the Financial Services Authority; regulated by the Financial Services Authority for the conduct of UK business, a member of The London Stock Exchange and is a stock corporation incorporated in the Federal Republic of Germany HRB No. 30 000 District Court of Frankfurt am Main; Branch Registration No. in England and Wales BR000005, Registered address: Winchester House, 1 Great Winchester Street London EC2N 2DB. |
| Payment options: | Bank wire |
| Minimum account size: | $5,000 |
| Minimum lot size: | 1 lot |
| Leverage: | 1:100 |
| Spreads: | 3 pips on EUR/USD |
Advantages:
- Unique trading software
- Great user support
- Operated by one of the most trusted world banks
Disadvantages:
- No MetaTrader4 software support
- Opening an account is a complicated process
- No mini Forex accounts
Click here to open an account with Deutsche Bank FOREX
FX Solutions:
| Company: | FX Solutions, LLC |
| On-line since: | 2001 |
| Regulation: | Registered with the Commodity Futures Trading Commission as a Futures Commission Merchant and is a member of the National Futures Association (NFA), ID# 0312620. |
| Payment options: | Credit cards, PayPal, on-line check, paper checks and bank wire |
| Minimum account size: | $250 |
| Minimum lot size: | 0.1 lot |
| Leverage: | from 1:100 to 1:400 |
| Spreads: | 3 pips on EUR/USD |
Advantages:
- Advanced charting software
- No commissions
Disadvantages:
- No MetaTrader4 software support
- Opening an account is a complicated process
Click here to open an account with FX Solutions
Interactive Brokers:
| Company: | Interactive Brokers Group, LLC |
| On-line since: | 1998 |
| Regulation: | Regulated by the SEC, NASD, NYSE, SFA and other regulatory agencies around the world. |
| Payment options: | Bank wire, checks and on-line check |
| Minimum account size: | $5,000 |
| Minimum lot size: | 1 lot |
| Leverage: | from 1:20 to 1:50 |
| Spreads: | ECN broker - 1 pip (or lower) on EUR/USD |
Advantages:
- ECN Forex broker - low spreads, perfect market conditions
- Repuatable company
- Universal account for Forex, Stock, Futures and Options trading
Disadvantages:
- No MetaTrader4 software support
- No demo account
- No mini Forex accounts
Click here to open an account with Interactive Brokers
Forex.CH:
| Company: | GFX Group SA |
| On-line since: | 2005 |
| Regulation: | Registered with the Swiss self-regulated financial organization PolyReg. |
| Payment options: | Bank wire and checks |
| Minimum account size: | $2,000 |
| Minimum lot size: | 0.1 lot |
| Leverage: | up to 1:200 |
| Spreads: | 2—3 pips on EUR/USD |
Advantages:
- Advanced trading platform
- Stock indices trading available
- No overnight interest for Muslim traders
Disadvantages:
- High account size minimum for mini Forex
- Commissions for no-overnight interest accounts
- Opening an account is a complicated process
Click here to open an account with Forex.CH
Hotspot FX:
| Company: | Hotspot FX LLC |
| On-line since: | 2000 |
| Regulation: | Member of the National Futures Association (NFA) and is registered as a Futures Commission Merchant with the Commodity Futures Trading Commission (CFTC). |
| Payment options: | Bank wire and checks |
| Minimum account size: | $7,500 |
| Minimum lot size: | 1 lot |
| Leverage: | 1:33 and 1:50 |
| Spreads: | ECN broker - spread varies |
Advantages:
- One of leading ECN brokers
- Advanced trading platform
- MetaTrader 4 API integration is available
Disadvantages:
- No mini Forex accounts
- Account opening is a complicated process
Click here to open an account with Hotspot FX
PFG Forex:
| Company: | Peregrine Financial Group, Inc. |
| On-line since: | 2001 |
| Regulation: | Part of the registered entity that is regulated by the CFTC and also a member of the NFA. |
| Payment options: | Bank wire and checks |
| Minimum account size: | $1,000 |
| Minimum lot size: | 0.1 lot |
| Leverage: | 1:100 |
| Spreads: | 3 pips on EUR/USD |
Advantages:
- A respected Forex and futures company
- Advanced trading platform
Disadvantages:
- Limited demo account (only first 30 days are free)
Click here to open an account with PFG Forex
| Company: | Dukascopy Swiss FX Group |
| On-line since: | 2004 |
| Regulation: | Member of ARIF (a self regulatory financial organization). |
| Payment options: | Bank wire |
| Minimum account size: | $50,000 |
| Minimum lot size: | 10 lot |
| Leverage: | 1:100 |
| Spreads: | 0-1 pip on EUR/USD |
Advantages:
- ECN Forex broker
- Low spreads
- A respected Forex company
- Advanced trading platform
Disadvantages:
- No mini Forex account
- Opening an account is a complicated process
- Very high minimum account size
Click here to open an account with Dukascopy
Forex Club:
| Company: | Forex Club Financial Company, Inc. |
| On-line since: | 2000 |
| Regulation: | Futures Commission Merchant (FCM) registered with the National Futures Association (NFA ID 0358265). |
| Payment options: | Credit cars, wire transfer and checks |
| Minimum account size: | $10 |
| Minimum lot size: | 0.01 lot |
| Leverage: | from 1:20 to 1:100 |
| Spreads: | 3 pips on EUR/USD |
Advantages:
- Advanced trading platform
Disadvantages:
- No Metatrader 4 software support
Click here to open an account with Forex Club
CMC Markets:
| Company: | CMC Markets UK Plc |
| On-line since: | 2005 |
| Regulation: | Registered as a Futures Commission Merchant with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA). |
| Payment options: | Wire transfer, credit cards and checks |
| Minimum account size: | $2,000 |
| Minimum lot size: | 1 lot |
| Leverage: | 1:100 |
| Spreads: | 2 pips on EUR/USD |
Advantages:
- Competitive spreads
Disadvantages:
- No Metatrader 4 software support
- Opening an account is a complicated process
Click here to open an account with CMC Markets
IFC Markets:
| Company: | IFC Markets Corp. |
| On-line since: | 2006 |
| Regulation: | Incorporated in British Virgin Islands with registration number IBC CAP. 291 Reg. #669838 and is under jurisdiction of the Financial Services Commission (FSC). |
| Payment options: | WebMoney, Liberty Reserve, bank wire, credit cards and CashU |
| Minimum account size: | $1 |
| Minimum lot size: | 0.001 lot |
| Leverage: | 1:100 |
| Spreads: | 2 pips on EUR/USD |
Advantages:
- WebMoney deposit option
- Only $1 to start trading
Disadvantages:
- No Metatrader 4 software support
Click here to open an account with IFC Markets
iTradeFX:
| Company: | i-TradeFX, LLC |
| On-line since: | 2004 |
| Regulation: | Registered Futures Commission Merchant (FCM), a member of the National Futures Association (NFA) (Member ID# 0367140) and is regulated by the Commodity Futures Trading Commission (CFTC). |
| Payment options: | Bank wire, credit cards and check |
| Minimum account size: | $300 |
| Minimum lot size: | 0.1 lot |
| Leverage: | up to 1:100 |
| Spreads: | 3 pips on EUR/USD |
Advantages:
- Custom trading platform available
Disadvantages:
- No MetaTrader 4 platform available
- Limited demo account period
Click here to open an account with iTradeFX
ActivTrades:
| Company: | ActivTrades Ltd |
| On-line since: | 2004 |
| Regulation: | Regulated and authorized by the Financial Services Authority. |
| Payment options: | Bank wire and credit cards |
| Minimum account size: | €250 |
| Minimum lot size: | 0.01 lot |
| Leverage: | up to 1:400 |
| Spreads: | 2 pips on EUR/USD |
Advantages:
- Metatrader 4 Forex broker
- Multiple custom trading platforms available
- Java platform available
Disadvantages:
- Limited demo accounts
Click here to open an account with ActivTrades
ABN AMRO marketindex:
| Company: | ABN AMRO Bank |
| On-line since: | 2006 |
| Regulation: | Regulated by several countries' governments. |
| Payment options: | Wire transfer |
| Minimum account size: | £1 |
| Minimum lot size: | 0.001 lot |
| Leverage: | 1:50 |
| Spreads: | 1 pips on EUR/USD |
Advantages:
- Reputable banking institution
- Advanced custom trading platform
- Stocks, indexes, CFD and commodities markets
- Interest rate on the account funds
- Java based trading platform
Disadvantages:
- Only Java based platform available
- Only residents of United Kingdowm, Germany, Austria and Switzerland can join
Click here to open an account with ABN AMRO marketindex
CitiFX:
| Company: | Citigroup |
| On-line since: | 2008 |
| Regulation: | Citi is one of the largest banks in U.S. |
| Payment options: | Wire transfer |
| Minimum account size: | $10,000 |
| Minimum lot size: | 1 lot |
| Leverage: | 1:50 or 1:25 |
| Spreads: | 2 pips on EUR/USD |
Advantages:
- Serious banking institution
- Advanced trading platform
Disadvantages:
- No mini Forex accounts
- Opening an account is a complicated process
Click here to open an account with CitiFX
FXCM Micro:
| Company: | Forex Capital Markets |
| On-line since: | 2008 |
| Regulation: | Registered with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA). |
| Payment options: | Credit cards |
| Minimum account size: | $25 |
| Minimum lot size: | 0.01 lot |
| Leverage: | 1:400 |
| Spreads: | 1.5 pips on EUR/USD |
Advantages:
- Unique trading software
- Very low spreads
Disadvantages:
- No MetaTrader 4 software support
- Only 1:400 leverage available
- The maximum account balance is $5,000
Click here to open an account with FXCM Micro
ATC Brokers:
| Company: | ATC Brokers |
| On-line since: | 2007 |
| Regulation: | Member of NFA (ID: 0358522) and registered with CFTC. |
| Payment options: | Wire transfer and check |
| Minimum account size: | $3,500 |
| Minimum lot size: | 0.1 lot |
| Leverage: | 1:100 and 1:50 |
| Spreads: | Variable (1 pip average) on EUR/USD |
Advantages:
- MetaTrader 4 platform available
- Advanced trading platform available (Currenex)
- ECN broker
Disadvantages:
- Opening an account is a complicated process
- High minimum account size
- Commission fees for each trade
Click here to open an account with ATC Brokers
ATG:
| Company: | Aaron Trading |
| On-line since: | 2005 |
| Regulation: | Registered with NFA (ID: 0359739). |
| Payment options: | Wire transfer |
| Minimum account size: | $50,000 |
| Minimum lot size: | 1 lot |
| Leverage: | 1:50 |
| Spreads: | ECN variable |
Advantages:
- Several advanced trading platforms
- ECN Forex broker
- Tight variable spreads
Disadvantages:
- Very high minimum account size
- No MetaTrader 4 support
- Commissions for ECN execution
- Opening an account is not an easy process
Click here to open an account with ATG