COMPARE ONLINE FOREX ACCOUNTS
An online Forex account is an account that can hold and trade Forex currency pairs. When choosing a Forex Broker, focus on (i) safety of money, (ii) fund methods, (iii) trading cost, and (iv) available asset index.
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BROKERAGE |
TRADING FEATURES |
TRADING PLATFORM |
FUNDING TERMS | WEBSITE |
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□ RoboForex
Foundation: 2009
SEGREGATED CLIENT ACCOUNT: YES SWAP-FREE ACCOUNTS: YES |
Broker Type: ECN/STP
Auto-Trading: Yes
Scalping: Yes
Social Trading: Yes (CopyFx)
PAMM Accounts: No
Free VPS: Yes
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■ MetaTrader-4 ■ MetaTrader-5 ■ RStocksTrader ■ WebTrader |
■ Current Promotion:
■ Minimum Deposit: $10 ■ DEPOSIT METHODS Wire | Cards Neteller | Skrill AdvCash | PerfectMoney |
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□ TitanFx
Foundation: 2014 FSC of the Republic of Vanuatu SEGREGATED CLIENT ACCOUNT: YES SWAP-FREE ACCOUNTS: NO |
Broker Type: ECN/STP
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■ MetaTrader-4 ■ MetaTrader-5 ■ WebTrader |
■ Current Promotion:
■ Minimum Deposit: $200 ■ DEPOSIT METHODS Wire | Cards | Skrill Neteller | UnionPay |
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□ FXDD
Foundation: 2002 US: No SEGREGATED CLIENT ACCOUNT: YES SWAP-FREE ACCOUNTS: YES |
Broker Type: ECN/STP
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■ MetaTrader-4 ■ MetaTrader-5 ■ WebTrader |
■ Current Promotion:
■ Minimum Deposit: $100 ■ DEPOSIT METHODS Wire | Cards Skrill | Neteller | UnionPay | Cryptocurrencies |
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□ IC Markets
Foundation: 2007 FSA (Seychelles) SEGREGATED CLIENT ACCOUNT: YES SWAP-FREE ACCOUNTS: YES EUROPEAN TRADERS: NO |
Broker Type: CFD Provider
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■ MetaTrader-4 ■ MetaTrader-5 ■ cTrader ■ WebTrader |
■ Current Promotion:
■ Minimum Deposit: $200 ■ DEPOSIT METHODS Wire | Cards | Skrill Neteller | WebMoney |
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□ FP Markets
Foundation: 2005 License No:
SEGREGATED CLIENT ACCOUNT: YES |
Broker Type: ECN/STP
Auto-Trading: Yes
Scalping: Yes
Social Trading: No
PAMM Accounts: Yes
Free VPS: Yes
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■ MetaTrader-4 ■ MetaTrader-5 ■ Iress Trader |
■ Current Promotion:
■ Minimum Deposit: $100 ■ DEPOSIT METHODS Wire | Cards Skrill | Neteller FasaPay |
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□ FBS
Foundation: 2009
SEGREGATED CLIENT ACCOUNT: YES |
Broker Type: ECN/STP
Leverage: 30:1 to 1000:1
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■ MetaTrader-4 ■ MetaTrader-5 |
■ Current Promotion:
■ Minimum Deposit: -$1 (Cent Account) -$500 (Standard Account) ■ DEPOSIT METHODS Wire | Cards Skrill | Neteller WebMoney +and more |
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□ AXI
Foundation: 2007 SEGREGATED CLIENT ACCOUNT: YES |
Broker Type: ECN/STP
Leverage: 30:1
Auto-Trading: Yes
Scalping: Yes
Social Trading: No
PAMM Accounts: Yes
Free VPS: Yes
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■ MetaTrader-4 & MetaTrader Web |
■ Current Promotion:
■ Minimum Deposit: $20 ■ DEPOSIT METHODS Wire | Cards Skrill | Neteller BPay |
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Starting an Online Forex Account
Typically, you open an account, upload the documents verifying who you are, deposit some money, and then you can buy/sell Forex currency pairs. As concerns the verification process, new online Forex accounts require the following documents:
(a) Proof of Identification (ID, Passport, or Other)
(b) Proof of Address (a Bill in your name)
(c) If you want to use a Credit/Debit card, then a 2-side photocopy of your card
