COMPARE ONLINE FOREX ACCOUNTS
An online Forex account allows you to hold and trade currency pairs. When choosing a Forex broker, consider the following: (i) safety of your funds, (ii) deposit/withdrawal methods, (iii) trading costs, and (iv) range of available assets
|
BROKERAGE |
TRADING FEATURES |
TRADING PLATFORM |
FUNDING TERMS | WEBSITE |
|
□ 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
|
■ MetaTrader-4 ■ MetaTrader-5 ■ RStocksTrader ■ WebTrader |
■ Current Promotion:
■ Minimum Deposit: $10 ■ DEPOSIT METHODS Wire | Cards Neteller | Skrill AdvCash | PerfectMoney |
 |
|
□ TitanFx
Foundation: 2014 FSC of the Republic of Vanuatu SEGREGATED CLIENT ACCOUNT: YES SWAP-FREE ACCOUNTS: NO |
Broker Type: ECN/STP
|
■ MetaTrader-4 ■ MetaTrader-5 ■ WebTrader |
■ Current Promotion:
■ Minimum Deposit: $200 ■ DEPOSIT METHODS Wire | Cards | Skrill Neteller | UnionPay |
|
|
□ FXDD
Foundation: 2002 US: No SEGREGATED CLIENT ACCOUNT: YES SWAP-FREE ACCOUNTS: YES |
Broker Type: ECN/STP
|
■ MetaTrader-4 ■ MetaTrader-5 ■ WebTrader |
■ Current Promotion:
■ Minimum Deposit: $100 ■ DEPOSIT METHODS Wire | Cards Skrill | Neteller | UnionPay | Cryptocurrencies |
|
|
□ IC Markets
Foundation: 2007 FSA (Seychelles) SEGREGATED CLIENT ACCOUNT: YES SWAP-FREE ACCOUNTS: YES EUROPEAN TRADERS: NO |
Broker Type: CFD Provider
|
■ MetaTrader-4 ■ MetaTrader-5 ■ cTrader ■ WebTrader |
■ Current Promotion:
■ Minimum Deposit: $200 ■ DEPOSIT METHODS Wire | Cards | Skrill Neteller | WebMoney |
|
|
□ 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
|
■ MetaTrader-4 ■ MetaTrader-5 ■ Iress Trader |
■ Current Promotion:
■ Minimum Deposit: $100 ■ DEPOSIT METHODS Wire | Cards Skrill | Neteller FasaPay |
|
|
□ FBS
Foundation: 2009
SEGREGATED CLIENT ACCOUNT: YES |
Broker Type: ECN/STP
Leverage: 30:1 to 1000:1
|
■ MetaTrader-4 ■ MetaTrader-5 |
■ Current Promotion:
■ Minimum Deposit: -$1 (Cent Account) -$500 (Standard Account) ■ DEPOSIT METHODS Wire | Cards Skrill | Neteller WebMoney +and more |
|
|
□ 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
|
■ MetaTrader-4 & MetaTrader Web |
■ Current Promotion:
■ Minimum Deposit: $20 ■ DEPOSIT METHODS Wire | Cards Skrill | Neteller BPay |
|
Starting an Online Forex Account
To start trading, you typically need to follow these steps:
-
Register an account, and verify your email and mobile phone
-
Upload identity documents
-
Deposit funds
For verification, you’ll need:
(a) Proof of ID (passport, national ID, etc.)
(b) Proof of address (a utility bill in your name)
(c) If using a credit/debit card, a copy of both sides of the card
