Welcome to our new section fully dedicated to Broker listings. Finding a broker is not a difficult task but finding a very good broker is quiet difficult. Hence we've put together a continuous concise list of Brokers with the best information about them. Also we strongly recommend personal due diligent checks on any broker before registering with them.
USEFUL TIPS & IMPORTANT FACTS TO KNOW ABOUT BROKERS
Who Are Brokers, What Is The Difference Between MT4 & MT5, What Makes ECN Brokers Better Than The Others, STP Brokers - (A Better Alternative), Market Makers, Bitcoin Brokerage, What is a Cent Account, What is a Zero Spread Account, All About DMA Brokers, CFD Brokers, Regular Documents Required To Open Live Account
**RECOMMENDED
HotForex. Regulated by Cysec MiFid Compliant, FCA (UK), Bafin Germany, ACP (France) Bourse (Africa), FSC. Category 1 Global Business No. C110008214 License. Headquarters in Mauritius. Operating for more than 5 Years. HotForex User Review |
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Broker Type | STP |
Account Types | Micro, Premium, Zero Spread, VIP, Islamic, FIX, Currenex, PAMM, Social, Auto |
Min Deposit | Micro - $5, Premium - $500, Zero - $100 Currenex - $500, FIX - $500 VIP - $20,000 / €18,500 Auto - $500 Social - $100 PAMM - $500 |
Terminals | MT4, MT4 Multi terminal, iOS, Andord, Web Terminal, FIX/API |
Payment Options | Debit/Credit cards, Bank wire, Web Money, Netteller, Skrill, Fasapay, Union Pay, Paysafe |
Leverage | From 1:100 to 1:1000 and also flexible leverage up to 1:1000 |
Instruments | Forex, Metals & Energies, Shares, Commodity CFDs, Binary Options |
Spreads | Tight Spreads from as low as 0.2* (EURUSD) |
EAs | EAs, Scalping, and Hedging allowed. |
Protection | Client funds are kept in segregated accounts. Accepted Clients, Bonus, Promotions... |
Bonus & Offers | 100% Credit Bonus, 100% Super Charged Bonus, 30% Rescue Bonus..... Click here to see more info on Bonuses and other Offers
HotForex Special Accounts/Bonus Offerings:
100% credit Bonus - This bonus increases the trading volume of a client's accounts. If all requirements of this Trading Bonus program are met, the bonus sum placed in your account can be withdrawn without any limitations or restrictions. 100% SuperCharged Bonus - Allows you to simultaneously increase your account leverage and earn generous cash rebates on your trading activity. The minimum deposit is just $250 and you can get bonuses of up to $50,000! 30% rescue Bonus - This is designed for traders who want to protect accounts from periods of drawdown. This Bonus can be lost without limitations and also used as margin. It's available for a limited time. HotForex Zero Spread Account is an accessible, low-cost trading solution that is suitable for all traders, but is particularly useful for scalpers, News Traders, high-volume traders and those who trade with Expert Advisors (EAs). It provides the opportunity to trade on Interbank Spreads where you receive RAW, Super-Tight Spreads from leading liquidity providers with NO markups! The account offers a highly transparent commission-based structure and commissions start at a low USD 0.04 per 1K lot. See More Info - HotForex Zero Spread Account The HotForex Social Account instantly connects you with over 250k+ traders. You can check any portfolio, EA result and news. Follow any trader(s) of your choice and simply copy the successful ones. See More Info HotForex Social Account Close |
XM - Trading Point Holdings Ltd. Regulated by CySec, ASIC, FCA, BaFin, FIN, e.t.c.. Headquarters in Cyprus with strategic locations in Hungary & Greece. Founded in 2009. XM User Review |
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Broker Type | Market Maker |
Account Types | Micro, Standard, XM Zero Spread |
Min Deposit | Micro - $5, Standard - $5, Zero - $10 |
Terminals | MT4, MT4 Multi terminal, iOS, Andord, Web Terminal, FX Arena Contest |
Payment Options | Debit/Credit cards, Bank wire, Web Money, Netteller, Skrill, QIWI, Diners Club Intl. Fasapay, Giro pay, Union Pay, Paysafe, Przelewey24, SOFORT Banking |
Leverage | From 1:1 to 888:1 |
Instruments | Forex, Metals & Energies, Commodity CFDs, Equity Indicies |
XM recently introduced Zero Spread Account. XM offers a range of over 60 currency pairs, precious metals, energies and equity indices with the most competitive spreads and with the legendary no re-quotes execution of XM. $0.00 Fees on Deposits
or Withdrawals. Click here to see new interesting features on XM.
Trading on FOREX, PRECIOUS METALS (including GOLD, SILVER), ENERGIES (including CRUDE OIL), and EQUITY INDICES is provided
- with a MINIMUM DEPOSIT as low as USD 5 - with the option to OPEN MORE THAN 1 ACCOUNT - with NEGATIVE BALANCE protection - NO RE-QUOTES, NO REJECTION OF ORDERS - TIGHT SPREADS as low as 0 PIP - FRACTIONAL PIP PRICING - MULTIPLE TRADING PLATFORMS accessible from 1 account for speedy trading mobility - REAL-TIME MARKET EXECUTION: 99.35 of orders executed in less than 1 sec. - ACCOUNT FUNDING 100% automatic and instantly processed 24/7 - FAST WITHDRAWALS with NO EXTRA FEES - ALL TRANSFER FEES COVERED BY XM - Nonstop bonus promotions - FREE, UNLIMITED DEMO ACCOUNTS with USD 100,000 virtual funds and full access to MULTIPLE TRADING PLATFORMS - Professional TRADING SIGNALS twice a day Close |
MTrading. Regulated by Belize IFSC. Headquarters in Belize, Suite 5, Garden City Plaza, Mountainview Boulevard, City of Belmopan. MTrading User Review |
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Broker Type | ECN |
Account Types | M.Standard, M.Pro, M.MACI, M.MACM |
Min Deposit | All account deposits are flexible |
Terminal | MT4, MT4 Supreme Edition, MT4 Web Trader |
Payment Options | Local bank deposit & withdrawal ** Nigeria (GTBank & Zenith Bank), Bank Wire, Visa, Master Card, Nettler |
Leverage | 1:1000 - 1:200; 1:100 to 1:20 (EURCHF) |
Instruments | Forex, Commodities, Indices, Stocks, Precious Metals |
Protection | Client funds are kept in a Segregated Account separate from the assets of the Broker. MTrading operates a No Dealing Desk Model, which gives clients the opportunity to enjoy the best prices, minimal slippage, and lightning-speed execution for their trades. Click here for more information on other features of MTrading.
MTrading offers investors a platform for investing their funds with experienced traders and then make profits. These platforms include:
MACI – short for Multi Account Copier for Investors – is a service that allows investors to profit by copying the orders of experienced traders. The MAC-Investor is the account for signal receivers. They can choose from a range of managers and select the one whose signals they want to receive and copy. When an investor connects to a manager, the manager’s orders will automatically be copied into the investor’s account. The investor pays the manager a compensations for using the signals. MAMI – Multi Account Management for Investors – is a service that allows investors to profit without trading on their own. Manager opens a MAM-Manager account. After that manager creates a proposal for the potential Investors where terms of cooperation are defined including the amount of remuneration investors will be charged – profit fee and volume fee. Investor opens a MAM-Investor account and connects to a manager. By doing that investor puts this account under the control of the manager trusting manager to perform trades with his funds. Manager trades on financial market using all investors’ accounts connected to him. All the profits are divided among investors according to their shares in combined account. Investor pays manager a compensation for using the service. For more informtion on MTrading services please visit website - MTrading Close |
FXTM Regulated by Cyprus Securities and Exchange Commission with CIF license number 185/12, licensed by the Financial Services Board (FSB) of South Africa, with FSP No. 46614. The company is also registered with the Financial Conduct Authority of the UK with number 600475 and has an established branch in the UK. FT Global Limited is regulated by the International Financial Services Commission of Belize with License numbers IFSC/60/345/TS and IFSC/60/345/APM.
FXTM User Review |
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Broker Type | ECN |
Account Types | ECN, ECN Zero, Strategy Accout, FXTM ECN MT5, FXTM Pro, Standard Account, Cent Account, Shares Account |
Min Deposit | ECN/ECN MT5- $/€/£ 500, ₦20,000, ECN Zero- $/€/£ 200, ₦20,000, Strategy- $/€/£ 100, FXTM Pro- $/€/£ 25,000, ₦5,000,000, Standard- $/€/£ 100, ₦20,000*, Cent- $/€/£ 5, ₦1 0001, Shares- $/€/£ 100, ₦20,000 |
Terminals | MT4, MT5, Webtrader, Multi-terminal |
Payment Options | Cards- Visa, Master, Maestro, China Union. Local Payment- PayFasaPay, Nigeria Local Wire Transfer, Indonesian Local Transfer, Vietnamese Local Transfer, Online Banking Thailand. E-Wallets- Neteller, Skrill, WebMoney, PayZa, OKPay, DixiPay,WeChat, Perfect Money, e.t.c |
Leverage | 1:25 - 1:1000 |
Instruments | Forex, CFDs (Commodities, Indices), Metals, Shares CFDs |
Broker Type | FXTM is the first Broker to introduce the Naira Trading Account on MT4 & MT5, available to only Nigerian Clients. The FXTM brand was initially launched in 2011 with a unique vision to provide unparalleled superior trading conditions, advanced education and state-of-the-art trading tools in the Forex industry. With about 17 industry awards/honors, they've proven to be one of the fastest growing Brokers in innovation, and client performance.
More Info
FXTM has a broad variety of investment options for investors to invest their funds with experienced traders, strategy managers, signal services, and then make profits.
Strategy Investment Option – This option provides an opportunity for investors (Traders) who lack knowledge of the financial market to subscribe to a strategy manager manages the funds and then a certian percentage is paid as fees. The trader or investor relaxes while the strategy manager handles the trading affairs. PAMM Investment Option – PAMM is perfect for traders who see the potential of investing in forex but lack the time or technical skills to do so. Your investment will be managed by the FXTM Portfolio Management Department where experts with the necessary experience and expertise will help achieve your goals. Portfolios are chosen through a selection of carefully evaluated traders with consistently successful trading strategies. Promotions FXTM has varieties of promotions for seasoned and new traders, so all you have to do is choose the one which suits you best and claim it. The FXTM Loyalty Cashback FXTM Loyalty Cashback rewards you in real, withdrawable cash rebates - not rewards points or virtual credit - for every lot you trade and up to 6 months! Gear up through five rebate levels; the higher the level, the bigger the rebates! $4 for Every Lot You Trade This promotion enables clients who switches from their Broker to FXTM due to unpleasant or turbulent events to earn $4 back for every lot they trade. *Applicable only to new clients switching from another broker. Partnership Programs Partnership programs are available for Introducing Brokers, Affiliates, and Refer a Friend Scheme. For more information on the services of FXTM please visit website - Forex Time Broker Close |
IC Markets Regulated by ASIC in Australia and holds a financial services licence 335692. Hqrts is at Sydney, Australia. Operating for over 9 Years ICMarket User Review |
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Broker Type | ECN |
Account Types | Standard, STP, True ECN, cTrader ECN |
Min Deposit | MT4 - $200, cTrader - $1000.00, See more info for further details on withdrawals & charges |
Terminals | MT4, cTrader |
Payment Options | Bank Wire, Credit/Debit Card, Neteller Poli, Skrill/ Moneybookers, Webmoney, Bpay, Broker to Broker transfer, China Union Pay, Local Bank Transfer (Outside Australia), Branch Cash Deposit (Australia Only) |
Leverage | From 1:1 to 1:500 |
Protection | IC Markets offers some of the tightest spreads up to 0.1pips for EUR/USD. 56 currency pairs and 4 metals are available on both platforms. Average execution speed is around 150 milliseconds. Client funds are kept in segregated accounts More Info
Online CFD and futures based indices are offered on both IC Markets MetaTrader 4 and cTrader Platforms. IC Markets offers variable spreads on their MetaTrader 4 and cTrader forex trading platforms. With true ECN connectivity they offer market leading spreads in each of their platforms.
Over 50 different banks and dark pool liquidity sources are pricing into their ECN at any given time to ensure their spreads remain tight and liquidity deep 24/5.
Client funds are held in client segregated trust accounts at National Australia Bank (NAB) and Westpac Banking Corporation(Westpac), both are top-tier Australian Banks. IC Markets complies with the Australian Client Money Handling Rules and employs strict policies and procedures regarding the maintenance and operation of these accounts. IC Markets holds client money separately to company funds and does not use these funds for any purpose other than to facilitate clients trading activity.
Charges: Credit/Debit Card = no fees Skrill (Moneybookers) = All Skrill deposits will incur a 2.7% fee. Neteller = Neteller deposits will incur a 2.7 % fee Wire Transfer / Bank Transfer = IC Markets does not apply any fees or charges to funds received to our Client Trust Account. However please confirm with your bank (sender) if any fees and charges apply for the transfer. Local Bank Transfer (outside Australia) = There are no fees charged for incoming wire transfers processed by Global Collect using our network of 59 different banks globally. Webmoney = All Webmoney deposits will incur a 3% fee. Bpay = There are no fees charged for Bpay deposits. AUD only. POLi = Fee free instant method for funding. AUD only. China Union Pay = All China Union pay deposits will incur a 3.5% fee. Broker to Broker transfer = There are no fees charged for incoming Broker to Broker transfers. Fasapay = The are no fees charged for Fasapay Deposits.
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FinFX Regulated by CySec. Headquarters is at Limassol, Cyprus. FinFX has been operating for over 5 Years FinFX User Review |
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Broker Type | ECN/STP |
Account Types | Micro, ECN, ECN Pro |
Payment Options | 100.00 USD/EUR/GBP/CHF |
Terminals | MT4, Mobile Android |
Payment Options | Bank Wire, Credit Cards, Skrill |
Leverage | Micro Acct uo to 1:200, ECN/ECN Pro up to 1:100 |
Instrument Types | CFDs, Forex |
44 available currency pairs. No ongoing bonus More Info
FinFx brand, FinFx.com and FinFx.fi are brands and domain names operated by Best Choice FBC ltd, a Cyprus Investment Firm regulated by the Cyprus Securities and Exchange Commission (CySEC) under license # 234/14. Finfx.com and Finfx.fi are operated in accordance with MiFID of the European Union. Best Choice FBC limited is a member of the investor compensation fund in Cyprus. Clients’ accounts are protected under certain regulatory conditions up to 20.000 euros per clients. Close
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NewForex - Regulated by FSC & BVI Headquarters at UK, Russia, China, & UAE. Operating since 2014. NewForex User Review |
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Broker Type | Market Maker |
Account Type | Micro |
Min Deposit | $1.00 or €1.00 |
Terminal | MT4 |
Payment Options | Visa, Mastercard, Webmoney, Skrill, Qiwi, Neteller, PayCo. |
Leverage | 1:100 - 1:1000 |
Fixed spread with 32 currency pairs. 50USD no deposit bonus, +30% on deposit |
Exness - Regulated by CySEC (Exness Limited and Exness (CY) Ltd; Limassol, Cyprus; 8 years in operation) Exness User Review |
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Broker Type | ECN, Market Maker |
Account Types | Cent (equivalent of micro), Mini, Classic, ECN |
Min Deposit | $1 |
Terminals | MT4, MT5, Webterminal |
Payment Options | Credit & Debit cards, bankwire, Skrill, NETELLER, China Union Pay, & some 30 more systems. |
Leverage | 1:2000 |
Instruments | CFDs, Forex. Metals |
Fixed and floating (floating: Cent and Mini spreads from 0.3 pip, Classic spreads from 0.1, ECN - from 0.0) |
ThinkMarket - Regulated by FCA in UK and ASIC in Australia. Headquarters in Melbourne, Australia, and European Headquarters in the UK. Other support offices in UAE, China and LATAM. ThinkMarkets User Review |
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Broker Type | STP |
Account Types | Standard, Pro, VIP accounts |
Min Deposit | $250 for a Standard account. $2,000 for a Pro account & $25,000 for VIP account |
Terminal | MT4 |
Payment Options | Credit/Debit Card, Bank Wire, Fasapay, Global Collect, BPay, UnionPay, Netbanks, Neteller and Skrill. |
Leverage | 500:1 for FX, 100:1 for Indices, 100:1 for Energy, 500:1 for Metals |
Instruments | Forex and CFDs (Indices, Energy and Metals). |
For information on Spreads, Contract Size, Currency Pairs, Bonus & Others please see more info. More Info
19 currency pairs are available for Standard, and 19 currency pairs are available for Pro & VIP. In order to suitable manage risk and exposure, ThinkForex may take on the risk of client trades and positions by executing trades directly, or pass trades direct to a liquidity provider, using a Straight Through Processing (STP) arrangement.
ThinkMarket does not not offer fixed spread. See spread details below: - FX: As low as 0.8 pips for Standard account / As low as 0.0 for Pro and VIP accounts - Metals: As low as 20 Cents for Standard account / As low as 10 Cents for Pro and VIP accounts - CFD: As low as 0.05 Points for Standard account / As low as 0.01 Point for Pro and VIP accounts. We do not offer any bonus. Educational resources are available in forms of - Webinars for clients - Market analysis every day by our experienced market analyst Close |
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