Brokers

01.

Fortrade

Regulated
250$ Initial Deposit
Fortrade is a UK-based derivative brokerage firm that offers customers a platform for trading forex and Contracts for Difference (CFDs). CFDs allow traders to speculate on the price of assets without actually owning them in their accounts. Fortrade offers customers CFDs on forex, cryptocurrencies, stock CFDs, index CFDs, precious metals, energy products, agricultural products, US Treasuries and ETFs. Fortrade traders have a choice between the broker’s proprietary Fortrader platform and the popular MetaTrader4 (MT4) platform. Both are available via web-based, desktop or mobile interface. Traders can access over 300 financial assets and employ leverage of up to 1 to 200 on forex pairs and 1 to 50 on commodity and index CFDs. Fortrade emphasizes its user-friendly technology, scalable platform and its regulation by one of the top international regulatory bodies – the Financial Conduct Authority – as its strengths. Traders looking for a broker that is regulated across the European Union and offers access to CFDs across several major asset classes may want to investigate the offerings at Fortrade.
To receive an FCA license, a broker has to fulfill a number of eligibility requirements and it has to produce proof of financial stability. One of the requirements is to keep company and client funds separate, in segregated accounts. In addition to that, all FCA brokers have to have at least €730,000 on hand. There are similar requirements in other jurisdictions as well. CySEC regulated brokers have to hold at least €1million, while US-regulated brokers have to have at least $20 million.

Even more importantly, FCA regulation places the customers of all licensed brokers under the Financial Services Compensation Scheme, which covers damages of up to £50,000 per person per broker, in the event of a bankruptcy or another type of calamity.

Given the strict regulatory environment in which Fortrade operates, it isn't exactly surprising that try as we might, we just couldn't dig up any filth on them. There aren't any scam reports about them out there. In fact, even sites that specialize in such scam reviews, talk about Fortrade in favorable terms.

Fortrade also offers a lot of good education in the Fortrade Academy with ebooks and videos on technical analysis and top trading strategies. From time to time there even are some interesting webinars.

Lastly Fortrade also offers negative balance protection: you can lose all, but not more than the balance of your trading account. With a lot of other brokers you can run up debts if your account falls below zero due to losses of bad trades.
02.

CMTrading

Regulated
250$ Initial Deposit
CM Trading is the brand name of Blackstone Marketing SA (PTY) Ltd. The company is authorized and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa with FSP number 38782. The FSCA is an independent institution that regulates the non-banking financial services firms in South Africa. Its services are recognized around the globe as equivalent to that of other regulatory bodies in Europe.
CM trading states that clients’ funds are 100% separated from the company’s funds. This is part of the regulatory requirements and CM Trading indicates that it maintains compliance with this policy, which regulators have instituted to protect traders from unfavorable situations such as broker bankruptcy.

Mini Account: $250 is the minimum opening balance required to open this account. A leverage is up to 1:200
Classic Account: This is the most popular account with opening balance of $1,000. One risk free trade and “Introduction to Forex” webinar is provided.
Executive Account: A trader needs a minimum of $5,000 in order to open this type of account. 2 risk free trades and more webinars are enjoyed by Executive account holders.
Premium Account: The minimum amount required to open this account is $25,000. The spread for this account is the lowest and very competitive. Withdrawal requests are given priority and processed on the same day. 3 risk free trades and all webinars are available to account holders.

Demo Accounts are provided for practice and platform training. It is funded with a virtual capital of $50,000.

There is also an Islamic account for those that follow Shari’ah law.
03.

24option

Regulated
250$ Initial Deposit
24Option is a very solid and trustworthy broker that can offer a lot of assets and securities to those, choosing to trade with them. Established in 2010, 24Option has its HQ in Limassol, Cyprus where most of the brokers find their home, so that to satisfy the regulatory purposes and be as see-through as possible.

Their web-based Tech Financials trading platform is easy and understandable. You can trade anything you want with them – from standard currency couple to commodities and even cannabis stocks – one of the hottest new topics in the markets.

MT4 platform is also available. The broker also offers mobile platform.

24Option are regulated by important regulatory authorities of trading world such as FCA in the UK, CySEC, Financial Market Authority and much more. The full list of all of the regulatory bodies which are supervising the work of the broker can be easily found on their website.

The team of the broker can keep their users up to date with daily updates on the world news. Those who have only just begun trading with them or trading in general can also enjoy their educational center for traders of various levels and various assets choice.

Registration takes no more than 3 minutes and verification process is pretty standard. Minimal deposit is $250. They offer competitive spread and their leverage can reach as high as 400:1.

Whether you are a beginner or a pro, everyone can find something with 24Option.
04.

FXSuit

-
250$ Initial Deposit
FXSuit is a forex and CFD broker offering a good selection of currency pairs and CFDs with a leverage of up to 1:500 and the MetaTrade4 platform. The broker is based in Bermuda.

After leverage levels were caped throughout Europe, following similar moves by the regulators in the US and Japan, leverage as high as 1:500 as offered by FXSuit has become quite rare.

Great variety of currency pairs

FXSuit offers 83 forex pairs with many exotic currencies like the Brazilian Real, Singapore Dollar, Norwegian Krone, Swedish Krona, Danish Krone, Hong Kong Dollar, Hungraina Forint, Polish Zloty, Czech Krona, South African Rand, Mexican peso, Turkish Lira, Russian Rubble and Chinese Yuan.
 
Apart form those, while checking FXSuit trading platform we cam across a number of CFDs on spot metals like gold, silver, platinum and palladium, various agricultural and energy commodities like  soybeans, wheat, coffee, cocoa, rice, sugar cotton, corn, copper,  natural gas and oil, some 17 indices, stocks and even crypto coins -  Bitcoin, Ethereum, Ripple and Litecoin.

MetaTrader4 available

FXSuit supports MetaTrader4 and this is another positive point. The platform is well known to traders – both professional and beginner. It features numerous market indicators and customizable trading bots, enabling you to run automated trading sessions. Also, the platform is light, with user-friendly interface and various charting tools. Here you may also check our list of brokers supporting MT4:

FXSuit  offers promotions called “100% Matching Bonus” and “20% Prime Bonus”, which come with some special withdraw conditions attached
05.

IronFX

Regulated
250$ Initial Deposit
IronFX operates in the UK and Australia that has a strong commitment to providing a high standard of service for clients. IronFX is based in and acts as a trade name for 8Safe UK Ltd. In Australia, IronFX is a trade name of GVS Pty Limited.
In Australia, IronFX is regulated and overseen by the Australian Securities and Investment Commission (ASIC) under AFSL number 417482.
The broker is regulated by the UK’s Financial Conduct Authority or FCA in Britain under license number 585561.
Customer accounts at IronFX are kept with top tier banks in segregated accounts. FCA regulated entities are also protected by the UK’s Financial Services.
This broker also offers a notable bonus package, with incentives that currently include a 100 percent Sharing Bonus if you can deposit $10,000 and a 20 percent Iron Bonus if you can deposit up to $2,000..
PROTECTION UP TO £1,000,000 PER CLIENT by Lloyds, certificate available in our webpage.
IronFX offers Excess of loss insurance cover over and above the FSCS limit of £50,000. Protection up to £1,000,000 per client. Applicable only to FCA clients

  •  Zero commission trading
  •  Available in EUR and USD
  •  Raw Spreads starting from 0 pips
  •  Flexible leverage from up to 1:200
  •  Ability to trade with micro lots
  •  Spread on EUR USD is 0.18, raw, with no commission.
Desktop MetaTrader4 trading platform is available as well as mobile version for iOS and Android devices.
IronFX also provides with a PAMM/MAM software, which allow to trade and perform risk management for multiple trading accounts and funds they can set up.
IronFX provides round the clock customer support for the clients in more than 180 countries in Europe, Asia, Africa, South America and the Middle East. Among them are Brazil, the Czech Republic, China, Germany, Japan, India, South Korea, Poland, Portugal, Spain, South Africa and the United Kingdom.
IronFX Global Limited, the broker’s parent company, is regulated in Cyprus by CySEC under license number 125/10 and FCA in Britain under license number 585561 and Australian Securities and Investment Commission (ASIC) under AFSL number 417482. Also, the company follows the Markets in Financial Instruments Directive or MiFID in the European Economic Area, and is overseen by the Authority for the Financial Markets or AFM in the Netherlands.
The Broker maintains segregated accounts to ensure that client funds are fully segregated from company funds at all times. Each customer account is assigned a unique number that is used exclusively for client funding purposes.
The IronFX Academy – IronFX offers an extensive educational facility, which provides clients with access to seminars, webinars and educational videos, in addition to attending major forex expos in cities around the world.
06.

Alpari

Regulated
250$ Initial Deposit
Founded in 1998, the Alpari group of companies has a long history in the retail forex trading industry as an early pioneer in offering the Metatrader platform suite, including the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading software. A company is regulated by the Financial Services Commission (FSC) of the Republic of Mauritius.
With Alpari International, users can trade on more than 250 markets via Spot, CFDs and Futures across Forex, Stocks, Indices, Metals and Cryptocurrencies, on the MetaTrader 4, 5 web and Mobile platforms.
The services and features offered by Alpari International are designed for both beginner and professional traders, with access to ECN and Pro accounts, as well as access to the Alpari Copy Trading programme.

From our observations, Alpari International offers a wide range of services suitable for both beginner and advanced traders. A mixture of commission-free and commission-based accounts with varying spreads and access to different amounts of leverage make Alpari International’s offering quite unique.

Brokers:

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