|Account type||Minimum deposit||Minimum trade size||Maximum leverage||Spreads||Platforms|
|STP||$1||0.01||1:100||From 0.7 pips||MT4|
|Tornado DMA||$500||0.01||1:100||From 0.0 pips + commission $7*||MT5|
* Commission is calculated per standard lot of 100 000 base units (round trip).
There are two basic account types with this broker – STP and Tornado DMA (ECN). Both account types offer market execution in NDD trading environment with variable spreads and leverage up to 1:100. STP account is commission-free, while the ECN one offers direct access to the market and a commission applies.
Besides, there is an account offering Personal Analyst with minimum initial deposit of $2000, spread starting from 0.7 pips for the EUR/USD pair with commission of $6 per lot.
NAS Broker’s variable spreads seem competitive and average trading costs per lot are comparatively low, amounting to around 1 pip per standard lot on both account types. However, we find the maximum leverage levels offered mediocre, as most provers provide higher ones, allowing their clients to operate with large volumes of money (and investing relatively small amounts).
NAS Broker is an ECN broker offering trading in more than 80 currency pairs, CFDs on indices, commodities and precious metals on the MetaTrader 4 and MetaTrader 5 platforms.
Founded in 2012, NAS Broker is operated by NAS Technologies Ltd., a company registered in St. Vincent & the Grenadines. It has offices in Buenos Aires, Singapore, London, and Almaty, Kazakhstan.
St. Vincent International Business Companies (IBC) provide financial services under the SVG’s financial regulatory regime, which is one of the most liberal ones. Companies just have to follow a simple and inexpensive registration procedure with the FSA, which places little focus on supervision and customer protection.
So, if you intend to invest a large amount of money, we would advise you to select among brokers regulated in the UK, Cyprus or Australia, for instance, where the respective financial watchdogs are on alert.
NAS Broker supports both MetaTrader 4 (MT4), and its successor, MT5. Both platforms are available as PC, web and mobile versions.
MT4 provides all a trader needs: secure trading environment, a number of technical indicators, sophisticated charting system, a wide range of Expert Advisors (EAs) and extensive back-testing options. Traders can download ready-made or create their own (if they are handy with code) automated trading strategies and simply let the program do all the work.
MetaTrader 5 platform, provides more timeframes, advanced inbuilt events management and improved debugging tools. It also offers Expert advisors, and the hedging option is already available.
MQL Trading signals is possible on both platforms. It enables NAS Broker’s clients to copy the trades of successful traders.
The following payment modes are available to clients of NAS Broker: Credit cards (Visa, MasterCard), bank transfer, and e-wallets Qiwi, WebMoney and Яндекс деньги.
NAS Broker is a SVG-registered broker, offering trading in wide range of financial instruments on both MT4 and MT5, using NDD trading model. Its biggest disadvantage, according to us, is the lack of regulation. Here are, in a nutshell, the advantages and drawbacks with regard to NAS Broker:
|ECN/STP environment||Not regulated|
|Both MT4 and MT5 available||Mediocre leverage levels|
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.
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.
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.
Grand Capital is a MT4 forex broker, offering $500 no deposit bonus and 40% bonus on all deposits.
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.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
|Cyprus||CySec||MT4, MT5, Web||$5||Review Website|
|US, UK, Australia||CFTC/NFA, FCA, ASIC||MT4, Web,
|UK, Australia, Singapore||FCA||MT4, Web,
|UK, Cyprus||FCA, CySec||MT4||$5||Review Website|
|UK, Cyprus||FCA, CySEC||MT4, MT5, Web,
|UK, Bulgaria||FCA, FSC||Web||$150||Review Website|
|Belize||IFSC||MT4, MT5||$100||Review Website|
|Cyprus||CySEC||MT4, MT5||$300||Review Website|
|New Zealand||FMA||MT4||$1000||Review Website|
|Belize||IFSC||MT4, Web||$500||Review Website|