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HY Markets is global forex broker with more than 30 years of operational experience, regulated by FCA in the UK. Trade Forex with spreads as low as 1.8 pip

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion. 

Forex.com is a large broker listed on the New York Stock Exchange. We like it not only because it’s regulated in the U.S., Japan, Australia, Canada and Hong Kong but also because it offers very good spreads and superior execution. 

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $1 and take advantage of tight fixed and variable spreads, 1:1000 leverage and swap-free accounts.

ThinkForex is a broker operating out of Australia under the authority of ASIC. It offers advanced technology covered by fancy abbreviations (VPS, MT4 API, FIX/API), and social trading via the Mirror Trader and Zulutrade platforms. 

Hirose Financial UK is the European branch of the Japanese Hirose Tusyo Inc. The Hirose Group offers multiple platforms to over 120,000 clients worldwide, transacting over $100 billion of FX volume every month. The typical spread on EURUSD is 0.8 pips, GBPUSD is 0.9 pips, and USDJPY is 0.7 pips with no commissions.

FBS is a broker with cool marketing and promotions. It runs an ongoing monthly $999 forex contest, offers a $5 no-deposit bonus for anyone willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

Exness is a leading forex broker, offering MT4 and MT5 platforms. Traders can take advantage from a true ECN environment and trade on ultra tight spreads, starting from 0 pips. 

Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.

 

OptionRally is a EU regulated binary options broker, offering up to 90% payout and 15% refund on various assets, including forex, commodities, stocks, indices. The minimum deposit is $250 and minimum trade size - just $5. 

 

Latest Forex News

FXPro UK trading volume increases threefold in 2013

Sep 02 2014 14:28:42, Yassen Vassilev in Brokers

FXPro UK, the FCA regulated branch of the well known broker, has reported hopeful financial results for 2013 with trading volume increasing threefold compared to prior year while net loss is down 35% YoY.   If you are surprised that FXPro UK is reporting loss that is because it is a start up company and should not be confused with the long operating Cyprus based FxPro Financial Services Limited. Hence, according to the official FXPro UK annual report submitted to the UK Companies House trading losses [are] sustained [in 2013] since the company is in start-up phase.   The company also is rather small with monthly average number of FxPro UK employees in 2013 of only 11. Read more

OANDA to provide in depth forex analysis tools via MotiveWave trading platform

Sep 02 2014 12:13:47, Yassen Vassilev in Brokers

  The most renowned Canadian forex broker OANDA will offer MotiveWave trading platform to its clients giving them the opportunity to perform in depth market analyses.   OANDA is a forex broker that believes in technology – they hold regular hackathons for its employees, the company has its own trading platform, fxTrade, which allows to trade directly from Google Chrome with an in-house made extension.   Unsurprisingly then OANDA are teaming up with MotiveWave Software, a Canadian company founded in 2010. MotiveWave are developing a trading platform which focus is in depth market analysis. Read more

ThinkForex and TradeNext are showing corporate social responsibility

Sep 02 2014 09:33:34, Yassen Vassilev in Brokers

Instead of using regular channel for advertising ThinkForex is helping a cancer-fighting initiative and TradeNext is hosting football schools for Asian kids.   Forex industry is often regarded as greedy although it's hard to explain how a company founded with the sole purpose to make profits can be greedy. Anyway, many big corporations worldwide have started to implement charitable programs in order to shift public perception. Such efforts are usually labeled as corporate social responsibility programs (CSR).   The Australian forex broker ThinkForex will take part of the so called “Footy Colors Day”. Read more

FBS launches Zero Spread accounts

Sep 01 2014 14:29:05, Yassen Vassilev in Brokers

FBS, a forex broker focusing on giving various types of accounts tailored to specific customer needs, is introducing zero spread accounts with fixed commissions.   The new account according to the company is created in order to “help beginner traders get familiar with the market conditions easily, and is allowing professional traders to apply profound technical analysis with its maximum efficiency.”   To open such account you need to make at least $500 deposit. Trades are charged with fixed commissions starting at $20 per standard lot ($100 000) for the EURUSD currency pair. All other commissions are given in the table below. Read more

IronFX to send a forex trader into space with Virgin Galactic

Sep 01 2014 13:15:43, Yassen Vassilev in Brokers

The generous forex broker IronFX Global will award the winner of its autumn competition with a real space flight costing $250 000.    IronFX, a globally regulated forex broker holding license with FCA, ASIC, and Cysec, is well known with its generous prizes. This time, however, they eclipse even their high standards. A space flight is more than a Lamborghini. In fact, it is hard to compare it to anything offered as a forex trading competition so far.   The live contest runs from 1 September until 31 December. The winner will fly on the Virgin Galactic's SpaceShipTwo which is initially launched by a double-plane carrier called White Knight Two. Read more

Forex Scam: Swiss and UK regulators warn against iStock Capital, Trademaker, and a clone of City Equities

Sep 01 2014 10:50:51, Yassen Vassilev in Market

Swiss Financial Market Supervisory Authority issues a warning against iStock Capital (istockcapital.com) and Trademaker (trademaker.com). The UK Financial Conduct Authority on its turn warns against a clone company City Equities Ltd (cityeq.com).   The first of these fraud companies, iStock Capital may praise itself with a website that is not functioning well due to bad coding as well as with the original choice of a name. iStock is one of the world's largest image banks. The company seems to be registered in Saint Vincent and the Grenadines and to hold an office in Cyprus. No regulation as one may expect. Read more

Binary options broker EZTrader partners with Bayer Leverkusen and Feyenoord

Sep 01 2014 09:07:35, Yassen Vassilev in Brokers

    The CySec regulated forex binary options broker EZTrader announces sponsorship deals with renowned football clubs Bayer 04 Leverkusen from Germany and Feyenoord Rotterdam from the Netherlands.     EZTraders, founded in 2008, is the latest company to seek strengthening of its brand image by exploring the huge global exposure of established football teams. 24Options, another BO broker, signed an agreement with Juventus FC the last month.   Many forex brokers believe that sponsoring a football club is worth the price and by all means the price is not to underestimate. The trend was probably set by FxPro (principal sponsor of West Ham Utd & Fulham 2010-2013). Read more

Russian broker AForex introduces cent forex accounts

Aug 29 2014 13:42:41, Yassen Vassilev in Brokers

  The Russian broker announces the introduction of cent accounts in order to boost automatic trading acknowledging the wish of its clients.   Cent account, one in which $175 are listed as 17 500, is such that allows to trade with, obviously, cents. Such accounts are handy for people who don't have much capital but want to try forex trading using capital consuming strategies like grid or Martingale.   But the best use of cent accounts is probably automatic trading. One never knows for sure whether an Expert Advisor, as the scripts that trade instead of us are known, will work or not. Risking then relatively big volumes in a real account is inadvisable. Read more

UK forex broker ETX Capital acquires Ariel Communications

Aug 29 2014 11:17:55, Yassen Vassilev in Brokers

ETX Capital, a FCA regulated broker, acquires its main platform and technology provider Ariel Communications.    ETX Capital is the brand name of Monecor Ltd. The company might be one of the oldest forex brokers since it is founded in 1965. Old or not, it provides modern service to its customers including forex and CFDs trading as well as the tax free in UK Spread Betting.    ETX are mostly using Ariel Communications software as trading platforms. They do offer MT4 as well but it is branded as the platform for automated trade by means of Expert Advisors. For binary options ETX is using SpotOption's software. Read more

FXPro launches new web MT4 trading platform

Aug 29 2014 09:43:00, Yassen Vassilev in Brokers

FXPro, a CySec and FCA regulated global forex broker, replaces its old web platform with an in-house made new one which offers many more features like charts and technical indicators.   FxPro is no doubt one of the most ambitious and fast growing forex brokers out there. Not a surprise then that unlike many other brokers the company is not neglecting anymore the functionalities accessible through its web trading platform. Most web platforms are offering only basic features, that more or less means a chart and a buy/sell button.   However, many traders prefer to have access to fully operational web based trading platform. Read more