ATC Brokers – Has a high $3,500 minimum balance to open.
 
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
 
 
The Breakdown
 
Company Headquarters: USA
 
Metatrader Trading Platform: YES
 
ECN Broker: YES
 
Minimum Lot Size: $10,000
 
Leverage Offered: 1:100
 
Spreads on the Majors: 2-3
 
Regulated By: NFA and CTFC
 
(Glossary of the following terms are at [...]

Gallant FX – This USA based broker offers free VPS hosting for accounts of all sizes. I am unsure about the quality of the VPS hosting, but this is a very nice perk.
 
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
 
 
The Breakdown
 
Company Headquarters: USA
 
Metatrader [...]

MIG investments – There is a high $5,000 minimum account balance to open.
 
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
 
 
The Breakdown
 
Company Headquarters: Switzerland
 
Metatrader Trading Platform: YES
 
ECN Broker: NO
 
Minimum Lot Size: $10,000
 
Leverage Offered: 1:200
 
Spreads on the Majors: 2-3
 
Regulated By: KPMG and ARIF
 
(Glossary of the [...]

FxPro – This is a new broker just recently established in 2008.
 
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
 
 
The Breakdown
 
Company Headquarters: Cyrprus
 
Metatrader Trading Platform: YES
 
ECN Broker: NO
 
Minimum Lot Size: $10,000
 
Leverage Offered: 1:500
 
Spreads on the Majors: 2-3
 
Regulated By: Cyprus Securities Exchange
 
(Glossary of the following [...]

InvestTechFX – Offers an amazingly low spread of 1 pip on all majors. They are worth checking out.
 
Please feel free to comment below with your experiences with any of the broker we have reviewed on out site.
 
 
The Breakdown – Glossary of the following terms are at the bottom of the review.
 
 
Company Headquarters: Canada
 
Metatrader Trading [...]

Activtrades – They are an interbank liquidity provider. One of the top reasons to choose this broker is that they offer segregated accounts. This protects the clients money similar to the FDIC in case the broker going bankrupt.
 
Please feel free to comment below about your personal experiences with any of the brokers we [...]

FXDD – This is one of the more popular brokers, but I don’t understand why. They have a large tendency to re-quote on prices when customers try to place an order. This can become very frustrating. Further, they are not regulated by any governing agency.
 
Please feel free to comment below about your [...]

ODL Securities
 
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
 
 
The Breakdown
 
Company Headquarters: UK
 
Metatrader Trading Platform: YES
 
ECN Broker: NO
 
Minimum Lot Size: $10,000
 
Leverage Offered: 1:100
 
Spreads on the Majors: 2-4
 
Regulated By: LIFFE
 
(Glossary of the following terms are at the bottom of the review)
 
 
Glossary
 
Company Headquarters – This is the [...]

Hot Spot FX is a leading player in the ECN market. They were one of the first to pipe in a ECN fed into the metatrader platform. The only drawbacks to their service is that they can only trade standard lot sizes and the opening account minimum is $7,500
 
Please feel free to comment [...]

MB Trading – New to Forex, but not new to the industry. MB Trading has been a premier stock trading brokerage for years. They have recently added an ECN forex trading service. Their customer support is top notch and they account handing is very professional. They recently added the metatrader platform [...]

FOREX.COM – Another one of the early players in the retail forex market. They have grown and evolved their business and now offer the metatrader platform. They have a solid customer base and have honest dealings.
 
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed..
 
 
The [...]

ALPARI – Has been in the forex business longer than many of the other choices out there. They have built a solid reputation and have added a US division. They offer CFD trading and have provided historical 1 minute forex data since 2001 to their customers.
 
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FXCAST – with as many choices as there are now in Forex I can’t see why anyone would open an account with an unregulated company.
 
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
 
 
The Breakdown
 
Company Headquarters: Antigua and Barbuda
 
Metatrader Trading Platform: YES
 
ECN Broker: NO
 
Minimum Lot [...]

LiteForex – with as many choices as there are now in Forex I can’t see why anyone would open an account with an unregulated company.
 
Please feel free to comment below about your personal experiences with any of the brokers we have reviewed.
 
 
The Breakdown
 
Company Headquarters: Cyprus
 
Metatrader Trading Platform: YES
 
ECN Broker: NO
 
Minimum Lot Size: $100 [...]

FXOPEN – This company has a minimum of $1,000 to open an account and features small lot sizes, ECN trading, and the metatrader platform. This is one of the most versatile forex brokers out there and they accept customers almost anywhere in the world. They even provide free Level 2 quotes to their [...]

Oanda is a one of a kind broker. They offer many services that are hard to find anywhere else. First, they have some of the tightest spreads of any non ECN commission free brokers. Second, they pay interest on a minute by minute basis. This is the fairest way I have [...]

Instaforex offers large leverage at 1:500 and you can open an account with as little as $1. However, the Russian governing body only loosely regulates them. They do have enticing Bonus programs and are quick to contribute their matching contributions.
 
Please feel free to comment below about your personal experiences with any of the [...]

FXCM is another large player in the forex market. One big advantage is that their UK division offers segregated accounts. This is the closest thing to FDIC protection we have with Forex brokers. In the case of a Forex company facing bankruptcy the customer funds could be seized by creditors. If [...]

InterbankFx is one of the premier Forex Brokers in the United States. As a customer for over three years, I can report that their customer service is top notch, and I have always had honest dealings with them. Their server quote feeds are generally reliable and the spreads stay tight for the most [...]

In previous articles I derided those that continuously attack their brokers as an excuse for poor trading performance. While, the majority of complaints against brokers is unfounded there are a few situations in which the brokers are hurting trade performance. As I will explain again I do not believe it is massively intentional, [...]

I am always amused when I read trading forums and the resounding theme is that that brokers are crooks.  While, it may be true that some companies are chop shops, the majority of the larger firms are likely providing an honest service.  The excitement for retail trades moving over from equities to forex was the [...]

The Forex market has gained massive popularity in the last five years.  Market participants have increased drastically each year.  Besides offering free streaming charts and massive leverage the forex market is commission free.  How can they possibly make money? 
 
The typical spread on the EUR/USD currency pair in the forex market is 2 pips.  This [...]

Stop hunting is a commonly misunderstood process in the forex markets.  The forex market is the largest and most leveraged market in the world.  Its trading volume in one week is greater than the US stock markets yearly volume.  In forex trading it is critical to use stop loss orders to maintain proper money management.  [...]

When selecting a forex broker many people are concerned with whether or not that broker is registered with the NFA (US National Futures Association). This is especially true of US customers. The critical misnomer that many people do not really understand is that the NFA will not protect your funds like the FDIC [...]