| Firm | Headquarters + Global Offices | Trade / Investor Level | Advantage | Limitations + Drawbacks | Max. Leverage / Typical Spread / Minimum Trade Size |
 FX mee's Choice! |
• London
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• Seasoned • Intermediate • Novice |
• Competitive, nominal spreads of 1-2 pips • Price transparency with 24-hour, unlimited trading • Flexible, hedging scenarios • Unregulated by the NFA, Forex allows "hedging". • Versatile with extensive trading scenarios. • Trades on a variety of currency pairs • Utilizes an experienced team of researchers • Unmatched customer, expert advisors • An initial margin requirement for standard and mini accounts, ranging from £2,500 on a minimum trade size of 100,000 and a £250 on minimum trade size of 10,000, respectively. • Forex.com UK is also ideal for the sophisticated trader, who can afford more risk and plans to trade in volumes of more than 10,000 a month. |
Due to government guidelines and OFAC restrictions, FOREX.com UK is unable to accept accounts applications from residents of the People’s Republic of China and Nigeria. No US Clients. |
200:1 / 1-2 pips / 0.01 |
 FX mee's Choice! |
• Montreal • Zurich • Moscow
|
• Seasoned • Intermediate • Novice |
• 2 pip fixed spreads on the majors • Price transparency with 24-hour, unlimited trading • All trading strategies permitted • "Hedging" allowed with MT4 • Over 24 tradable currency pairs plus Gold, Silver, and Oil • Friendly, experienced support • Open an account with as little as $100 USD • High volume traders (10,000 r/t standard lots per month) are encouraged to ask about our VIP trading program with lower spreads. • Doing business as Boston Merchant Financial Services. |
No US or Canadian Clients |
400:1 / 2 pips / 0.01 |
 FX mee's Choice! |
• London
|
• Seasoned • Intermediate • Novice |
• Tight, reliable instantly tradable streaming rates. • Price transparency with 24-hour, unlimited trading • All trading strategies permitted • "Hedging" allowed with MT4 • Over 50 tradable currency pairs plus Gold, Silver, and Oil • Honesty, integrity and service " par excellence " • Open an account with as little as $500 USD
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None |
300:1 / 2 pips / 0.01 |
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• London |
• Seasoned • Intermediate • Novice |
• Tight spreads and best execution • Access to Alpari Academy and Alpari Research • FSA regulation and Safety of customer funds • MetaTrader4 platform, available free for PC, mobile and multi-terminal editions • Helpful Client Services Team • Tight spreads from 1.6 pip • Floating leverage up to 1:500 • 5 decimal price feed
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No US clients |
500:1 / 1.6 pips / 0.01 |
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• Moscow • London • New York |
• Seasoned • Intermediate • Novice |
• Regulated by the RFA, Alpari is the preferred Expert Advisor for Russian investors. This Broker is a member of the Commission to Regulate the Relations of Participants in Financial Markets. • Micro and Standard accounts
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For the non-Russian trader, Alpari has many restrictive foreign exchange policies. |
500:1 / 3 pips / 0.01 |
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• Canada |
• Intermediate • Novice |
• Complete hedging • Real-time pricing • Leverage selection - from 500:1 to 100:1 • Offers Mini 0.1 and micro 0.01 lots • Professional, expert customer support |
Accounts for Canadian and US citizens (are not accepted) |
500:1 / 2 pips / 0.01 |
 |
• Antigua • Bermuda
|
• Seasoned • Intermediate • Novice |
• Offers Muslim Swap free accounts • Features different spreads for a variety of currency pairings. • Provides an easy reference guide |
Unable to manage American accounts. US citizens, who have an offshore or bank account outside of the United States are welcome to apply. |
400:1 / 3 pips / 0.01 |
 |
• Egypt • UK • Hong Kong • China • United States • France • Switzerland |
• Novice |
• Licensed by the FSC For the EUR USD, spreads start at .05 • Main advantage: FXopen accepts Islamic accounts • Minimum deposit starts at $25 • Margin leverage from 1:1 up to |
Customer service is inconsistent |
500:1 / 2 pips / 0.01 |
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• Cyprus |
• Seasoned • Intermediate • Novice |
• TadawulFX is designed for the Islamic investor in mind, offering interest free accounts • Offers mini, standard and premium accounts • Spread starting at 1 • During market hours, offers guaranteed fills on limit and stop orders. |
TADAWUL FX has a built-in gifting policy, where they donate a percentage of investors’ profits to a foundation or organization of their choosing. |
500:1 / 3 pips / 0.05 |
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