Recommended
Online Forex Brokers
The forex brokers who make our
Recommended
Forex Brokers List are those brokers who missed
out on making our
Best Forex Brokers List
by not meeting just one of the criteria or those forex brokers who
received a rating of 6.0 or above in our independent trader ratings.
The only other requirements for making this list is that they must have
an independent trader rating of at least 4.25 and must have provided us
with most of the information presented in our broker snapshots below.
There are 29 online forex brokers on this list. Including those forex
brokers who are on our
Best Forex Brokers List
there are a total of 38 recommended forex brokers on this site. That is
approximately on 17% on the total number of approximately 220 online
forex brokers identified on this site, certainly a select group.
While the forex brokers on our
Recommended
Forex Brokers List
may have a flaw here or there, they are minor in comparison to the
majority of forex brokers out there on the Internet. No matter what
your trading style, you should be able to find a broker on this list
that will meet your needs.
(The number
in parenthesis behind the broker name is their independent trader
rating)
| Headquarters: Glendale, CA, USA |
Founded: 2004 |
| Business Model: ECN |
Forex Online
Since: 2004 |
| Regulated by: NFA, CFTC |
Platform: Meta Trader 4, Currenex
ECN, Integral ECN |
| Minimium Account: $500 |
Typical Spread
on Majors: 1-3
pips |
| Minimum
Transaction: 1000 units |
Maximum
Leverage: 200:1 |
| Headquarters: Tortola, British Virgin
Islands |
Founded: 2005 |
| Business Model: Market Maker |
Forex Online
Since: 2005 |
| Regulated by: NFA, FSC |
Platform: Streamster |
| Minimium Account: $1 |
Typical Spread
on Majors: 2-4
pips |
| Minimum
Transaction: 100
units |
Maximum
Leverage: 100:1 |
| Headquarters: Limassol,
Cyprus |
Founded: 2006 |
| Business Model: Market
Maker |
Forex Online Since: 2007 |
| Regulated by: ?? |
Platform: eToro |
| Minimium Account: $50 |
Typical Spread
on Majors: 3-4 pips |
| Minimum Transaction: 10,000 units |
Maximum
Leverage: 400:1 |
| Headquarters: Dusseldorf, Germany |
Founded: 2003 |
| Business Model: Market Maker |
Forex Online Since: 2007 |
| Regulated by: BaFin |
Platform: ABLETrend
7.0 |
| Minimium Account: $25 |
Typical Spread
on Majors: 3-5 pips |
| Minimum Transaction: 1000
units |
Maximum
Leverage: 100:1 |
| Headquarters: Tortola, British Virgin
Islands |
Founded: 2006 |
| Business Model: Market Maker |
Forex Online
Since: 2006 |
| Regulated by: BVI |
Platform: ICTS, AVA Trader |
| Minimium Account: $100 |
Typical Spread
on Majors: 3-4
pips |
| Minimum Transaction: 10,000 units |
Maximum
Leverage: 200:1 |
| Headquarters: Nicosia, Cyprus |
Founded: 2005 |
| Business Model: Market Maker |
Forex Online
Since: 2005 |
| Regulated by: ?? |
Platform: ICTS |
| Minimium Account: $100 |
Typical Spread
on Majors: 3-5
pips |
| Minimum Transaction: 10,000 units |
Maximum
Leverage: 200:1 |
| Headquarters: Glendale, CA, USA |
Founded: 2005 |
| Business Model: ECN |
Forex Online
Since: 2005 |
| Regulated by: NFA, CFTC |
Platform: Currenex, DealBook FX 2,
Meta Trader 4, Strategy Runner |
| Minimium Account: $2500 |
Typical Spread
on Majors: 2-3
pips |
| Minimum
Transaction: 100,000 units |
Maximum
Leverage: 100:1 |
| Headquarters: Melbourne, Australia |
Founded: 2005 |
| Business Model: Market
Maker |
Forex Online
Since: 2006 |
| Regulated by: ASIC |
Platform: ForexCT |
| Minimium Account: $100 |
Typical Spread
on Majors: 3-5
pips |
| Minimum
Transaction: 2500 units |
Maximum
Leverage: 400:1 |
| Headquarters: London, UK |
Founded: 2005 |
| Business Model: ECN |
Forex Online
Since: 2006 |
| Regulated by: FSA |
Platforms: Baxter FX, Currenex, FXAll,
HotSpotFXi, LavaFX |
| Minimium Account: $2000 |
Typical Spread
on Majors: 1-4 pips |
| Minimum
Transaction: ?? units |
Maximum
Leverage: 100:1 |
| Headquarters: British
Virgin Islands / UK |
Founded: 2003 |
| Business Model: Market
Maker |
Forex Online
Since: 2006 |
| Regulated by: FSC |
Platform: NetTradeX |
| Minimium Account: $1 |
Typical Spread
on Majors: 2-4
pips |
| Minimum
Transaction: 100
units |
Maximum
Leverage: 200:1 |
| Headquarters: Tortola, British Virgin
Islands |
Founded: 2003 |
| Business Model: Market Maker |
Forex Online
Since: 2003 |
| Regulated by: FSC |
Platform: Meta Trader 4 |
| Minimium Account: $20 |
Typical Spread
on Majors: 3-5
pips |
| Minimum
Transaction: 1000 units |
Maximum
Leverage: 200:1 |
| Headquarters: London, UK |
Founded: 1999 |
| Business Model: Market Maker |
Forex Online
Since: ?? |
| Regulated by: CFTC, NFA, FSA |
Platform: STIFX |
| Minimium Account: $500 |
Typical Spread
on Majors: 2-5
pips |
| Minimum
Transaction: 10,000 units |
Maximum
Leverage: 200:1 |
| Headquarters: Chicago, IL, USA |
Founded: 2001 |
| Business Model: ?? |
Forex Online
Since: 2001 |
| Regulated by: CFTC, NFA |
Platform: Currenex, Best Direct |
| Minimium Account: $1000 |
Typical Spread
on Majors: 3-5
pips |
| Minimum
Transaction: ?? units |
Maximum
Leverage: 100:1 |
| Headquarters: London, UK |
Founded: 2000 |
| Business Model: Market
Maker |
Forex Since: 2000 |
| Regulated by: ?? |
Platform: Meta
Trader 4 |
| Minimium Account: $10 |
Typical Spread
on Majors: 2-5 pips |
| Minimum Transaction: 1000
units |
Maximum
Leverage: 200:1 |
| Headquarters: Gland, Switzerland |
Founded: 2005 |
| Business Model: Market Maker |
Forex Online
Since: 2007 |
| Regulated by: FDF |
Platform: ABLETrend 7.0, Exto Pro
Trader |
| Minimium Account: $5000 |
Typical Spread
on Majors: 3-5
pips |
| Minimum
Transaction: ?? units |
Maximum
Leverage: 200:1 |
| Headquarters: Ada, MI, USA |
Founded: 1997 |
| Business Model: Market
Maker |
Forex Online Since: 2001 |
| Regulated by: NFA, CFTC,
FSA, ASIC, SEC |
Platform: Dealbook 360 |
| Minimium Account: $250 |
Typical Spread
on Majors: 1-4 pips |
| Minimum Transaction: 10,000 units |
Maximum
Leverage: 1:400 |
| Headquarters: New York, NY, USA |
Founded: 1999 |
| Business Model: Market Maker |
Forex Online
Since: ?? |
| Regulated by: NFA, CFTC, FSA |
Platform: Meta Trader, VT Trader |
| Minimium Account: $200 |
Typical Spread
on Majors: 3-5
pips |
| Minimum
Transaction: 10,000 units |
Maximum
Leverage: 1:400 |
| Headquarters: Saddle River, NJ, USA |
Founded: 2001 |
| Business Model: Market Maker |
Forex Online
Since: 2001 |
| Regulated by: CFTC, NFA |
Platform: GTS Pro |
| Minimium Account: $250 |
Typical Spread
on Majors: 3-4 pips |
| Minimum
Transaction: 1000 units |
Maximum
Leverage: 400:1 |
| Headquarters: Salt Lake City, UT, USA |
Founded: 2001 |
| Business Model: ECN |
Forex Online
Since: 2001 |
| Regulated by: CFTC, NFA |
Platform: Meta Trader 4 |
| Minimium Account: $250 |
Typical Spread
on Majors: 2-3
pips |
| Minimum
Transaction: 10,000 units |
Maximum
Leverage: 200:1 |
| Headquarters: Chicago, IL, USA |
Founded: 1994 |
| Business Model: Market Maker |
Forex Online
Since: 2004 |
| Regulated by: NFA, CFTC, FSA, Euronext |
Platform: Meta Trader 4, ODL Trader,
ODL Ariel |
| Minimium Account: $2000? |
Typical Spread
on Majors: 2-3
pips |
| Minimum Transaction: 10,000 units |
Maximum
Leverage: 200:1 |
| Headquarters: Victoria, Mahe, Seychelles |
Founded: 2004 |
| Business Model: Market
Maker |
Forex Online
Since: 2004 |
| Regulated by: SIBA |
Platform: MetaTrader 4 |
| Minimium Account: $1 |
Typical Spread
on Majors: 3-5 pips |
| Minimum
Transaction: 10,000
units |
Maximum
Leverage: 500:1 |
| Headquarters: Limassol, Cyprus |
Founded: 2007 |
| Business Model: Market Maker |
Forex Online
Since: 2007 |
| Regulated by: CIFSA, CCCI, CFSFA |
Platform: Meta Trader 4 |
| Minimium Account: $100 |
Typical Spread
on Majors: 2-3 pips |
| Minimum
Transaction: 10,000 units |
Maximum
Leverage: 500:1 |
| Headquarters: Newark, NJ, USA |
Founded: 2003 |
| Business Model: Market Maker |
Forex Online
Since: 2003 |
| Regulated by: NFA |
Platform: GTS Pro, SWFX Dukascopy |
| Minimium Account: $250 |
Typical Spread
on Majors: 3-5
pips |
| Minimum
Transaction: 1000 units |
Maximum
Leverage: 400:1 |
| Headquarters: Kuwait City, Kuwait |
Founded: 2002 |
| Business Model: ?? |
Forex Online
Since: 2002 |
| Regulated by: Kuwait Chamber of Commerce |
Platform: Currenex, Global Trader,
ICTS, Meta Trader 4 |
| Minimium Account: $500 |
Typical Spread
on Majors: 3-6
pips |
| Minimum
Transaction: 10,000 units |
Maximum
Leverage: 200:1 |
| Headquarters: Bloomfield
Hills, IL, USA |
Founded: 1999 |
| Business Model: ?? |
Forex Online Since: 2007 |
| Regulated by: NFA |
Platform: thinkorswimFX |
| Minimium Account: $500 |
Typical Spread
on Majors: 3-4
pips |
| Minimum Transaction: 10,000 units |
Maximum
Leverage: 100:1 |
| Headquarters: London, UK |
Founded: 2006 |
| Business Model: Market Maker |
Forex Online
Since: 2006 |
| Regulated by: ?? |
Platform: Meta Trader 4 |
| Minimium Account: $1 |
Typical Spread
on Majors: 2-4
pips |
| Minimum
Transaction: 10,000 units |
Maximum
Leverage: 100:1 |
| Headquarters: New York, NY, USA |
Founded: 2004 |
| Business Model: Market Maker |
Forex Online
Since: 2004 |
| Regulated by: ?? |
Platform: Meta Trader 4 |
| Minimium Account: $500 |
Typical Spread
on Majors: 3-5
pips |
| Minimum
Transaction: 10,000 units |
Maximum
Leverage: 200:1 |
| Headquarters: Geneva, Switzerland |
Founded: 2000 |
| Business Model: Market Maker |
Forex Online
Since: 2002 |
| Regulated by: SFFD |
Platform: RTFX |
| Minimium Account: $3750 |
Typical Spread
on Majors: 3-4
pips |
| Minimum
Transaction: 10,000
units |
Maximum
Leverage: 100:1 |
| Headquarters: Frankfurt, Germany |
Founded: 1960 |
| Business Model: Market Maker |
Forex Online
Since: 2006 |
| Regulated by: FSA |
Platform: ABLETrend 7.0 |
| Minimium Account: $5000 |
Typical Spread
on Majors: 3-4
pips |
| Minimum Transaction: 100,000 units |
Maximum
Leverage: 100:1 |
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