Information about Forex Brokers, read their reviews like a Business Card..
| ONLINE FOREX BROKERS |
 COMPANY INFO
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 TRADING INFO
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 ACCOUNTS & PROMO
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 STRONG POINTS
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 OPEN ACCOUNT
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FSC 000138/7, Belize
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TRADE PLATFORMS: MT4, MT5, RStocksTrader
EURUSD Min. Spread: 1.3 Pip No commissions |
FUNDING:
Min. Deposit: $10 (mini) |
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FSC GB21026834, Mauritius
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TRADE PLATFORMS: MT4, MT5 cTrader
EURUSD Min. Spread: 0.0 Pip plus $7.0/lot commissions |
FUNDING:
Min. Deposit: $200 for all account types |
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FSC of the Republic of Vanuatu (Reg. No. 40313)
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TRADE PLATFORMS: MT4, MT5, WebTrader
EURUSD Min. Spread: 0.1 Pip plus $7.0/lot commissions |
FUNDING:
Min. Deposit: $200 (mini) |
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FSA (SEYCHELLES)
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TRADE PLATFORMS: MT4, MT5 cTrader
EURUSD Min. Spread: 0.0 Pip plus $7.0/lot commissions |
FUNDING:
Min. Deposit: $200 (mini account) to $200 (cTrader) |
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FCA UK (509746) ASIC (AFSL/318232)
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TRADE PLATFORMS:
EURUSD Min. Spread: 0.1 pip (ECN) Plus $7.0/lot commissions) |
FUNDING:
Min. Deposit: $20 |
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DD/NDD BROKERS■ NDD Brokers: They include ECN/STP brokers and provide direct access to interbank rates. That means traders get a better quotation and faster order-execution
■ DD Brokers: They are known as Market Makers and they build an internal market following the ECN market. Not a good choice for intraday Forex traders
ECN/STP BROKERS
- ECN means Electronic Communication Network and it is an electronic bridge connecting large liquidity providers (i.e. banks) with smaller market participants (i.e. retail traders). This connection works through an ECN Forex Broker who charges trading commissions for offering access to the ECN market.
- STP means Straight-Through Processing and refers to the method of transferring retail trading orders straight to liquidity providers, without any dealing desk intervention. STP Forex brokers usually offer a transaction speed between 70 and 150 milliseconds.
