Forex Brokers
| Featured Forex Broker | Leverage | Software | Min.Spread | Min.Deposit USD$ | Start Lot | Country |
|---|---|---|---|---|---|---|
| IRONFX | 1:500 | Metatrader MT4 MT5 | 0.4 pips | 500 | 0.01 | Cyprus |
| HOTFOREX | 1:500 | Metatrader MT4 MT5 | 0.8 pips | 10 | 0.01 | Mauritius |
| MASTERFOREX | 1:500 | Metatrader MT4 | 2 pips | 10 | 0.01 | Russia |
| ROBOFOREX | 1:500 | Metatrader MT4 MT5 | 0.6 pips | 10 | 0.01 | New Zealand |
| INSTAFOREX | up to 1:1000 | Metatrader MT4 | 3 pips | 10 | 0.01 | Russia |
List of Forex brokers that offer MetaTrader 4 (MT4) platform (by country):
Alpari US – MT4 broker – (GMT+1) – min deposit $1, leverage 50:1, spreads variable, type – Market maker ATC brokers – MT4 broker – (EST) – min deposit $5000, leverage 150:1 non-US, 50:1 US acc., spreads variable, Forex broker type – ECN/STP & STP ATG Marketplex – MT4 broker – (EST) – min deposit $25 000, leverage 50:1, variable spreads, type – ECN/STP CitiFX Pro – MT4 broker, min deposit – $10 000, leverage 50:1, spreads – fixed, type – Market maker CMS Forex – MT4 broker – (GMT) – min deposit $500, leverage 200:1, spreads – variable, type – Market maker EES FX – MT4 broker – (GMT) – min deposit – $500, leverage – 50:1, spreads variable, Forex broker type – ECN/STP FastBrokers – MT4 broker – (EST) – min deposit $500, leverage 200:1 (50:1 US account), spreads variable, type – Market maker (IB), ECN style (deposits above $10 000). FFI – Forex & Futures International – MT4 broker – (EST) – min deposit – $1000, leverage – 50:1, spreads variable, Forex broker type – ECN/STP FOREX.com – MT4 broker – (EST) – min deposit $500, leverage 200:1 (non-US), 50:1 (US), spreads variable, Forex broker type – Market maker Forex Club – MT4 broker – min deposit – $200, leverage 50:1, spreads – fixed&variable, type – STP & Market maker FX Solutions – MT4 broker – min deposit $250, leverage 50:1, spreads fixed, Forex broker type – Market maker FXDD – MT4 broker – (GMT+2) – min deposit $250, leverage 50:1 (FXDD Malta – 200:1), spreads variable, Forex broker type – Market maker GFT – MT4 broker – GMT – min deposit $250, leverage 50:1, spreads – variable, forex broker type – Market maker IBFX – Interbank FX – MT4 broker – (EST) – min deposit $1, leverage 50:1 (400:1 – non-US), spreads variable, Forex broker type – DMA/STP + Market maker IKON GM – MT4 broker – (GMT+2) – min deposit $1000, leverage 50:1, spreads variable, Forex broker type – Market maker MB Trading – MT4 broker – min deposit $400, leverage 50:1, spreads variable, Forex broker type – ECN/STP OANDA – MT4 broker – (EST) – min deposit – $1, leverage – 50:1, spreads variable, Forex broker type – Market maker PFGBEST – MT4 broker – (EST) – min deposit – $1000, leverage – 50:1, spreads variable, Forex broker type – ECN/STP SkyLine Brokers – MetaTrader 4 – min deposit $1, leverage 100:1, spreads fixed, STP Spot Trader FX – MetaTrader 4 – min deposit $500, spreads variable, STP WSBrokers – MT4 broker – min deposit $10, leverage 500:1, spreads fixed, type – STP Zecco Forex – MT4 broker – EST – min deposit $500, leverage 50:1, spreads – variable, forex broker type – Market maker
ActivTrades – MT4 broker – (GMT+1) – min deposit €250, leverage 400:1, spreads fixed & variable, forex broker type – DMA/STP & market maker
Admiral Markets – MT4 broker – (GMT) – min deposit $1, leverage 500:1, spreads fixed, Forex broker type – ECN/STP & Market maker
Alpari UK – MT4 broker – (GMT+1) – min deposit $200, leverage 500:1, spreads variable, Forex broker type – Market maker & ECN/STP
ETX Capital – MT4 broker – min deposit £100, leverage high, spread betting broker
FX Solutions UK – MT4 broker – min deposit $250, leverage 400:1, spreads fixed, Forex broker type – Market maker
FXCM UK – MT4 broker – min deposit $2000, leverage 200:1, spreads variable, forex broker type – DMA/STP
FXM Financial Group – MT4 broker – (GMT+1) – min deposit $100, leverage 400:1, spreads variable, Forex broker type – Market maker (deposits below $3000) & ECN/STP (from $3000)
Hantec Markets – MT4 broker – min deposit $1000, leverage 200:1, spreads variable, Forex broker type – STP
HY Markets – MT4 broker – (GMT) – min deposit $50, leverage 200:1, spreads fixed, Forex broker type – Market maker
London Capital Group (LCG) – MT4 broker – min deposit $20 000 , leverage 100:1, spreads variable, Forex broker type – ECN/STP
Murphy&Williams Financial Group MT4 broker – min deposit $1, leverage 100:1, spreads fixed, Forex broker type – Market maker
Nano4x – MT4 broker – (GMT+2) – min deposit $10, leverage 500:1, spreads variable, forex broker type – DMA/STP
One Financial Markets – MT4 broker – min deposit $250, leverage 200:1, spreads fixed, type – Market maker
PFG FX – Pro Finance Group – MT4 broker – (GMT+2) – min deposit $10, leverage 500:1, spreads fixed, type – Market maker
Vantage FX UK – MetaTrader 4 (GMT) – min deposit £350, leverage 500:1, spreads variable, DMA/STP
XTB UK – MetaTrader 4 – min deposit £500, leverage 100:1, spreads fixed & variable, Market maker
FX Clearing – MetaTrader 4 (GMT+3) – min deposit $1, leverage 500:1, spreads fixed & variable, market maker, STP & ECN/STP
InvestTechFX – MetaTrader 4 (GMT+1) – min deposit $100, leverage 500:1, spreads fixed, STP
MF Global – MetaTrader 4 – min deposit $1000, leverage 33:1, spreads variable, DMA/STP
SmartTradeFX – MetaTrader 4 (GMT) – min deposit $100, leverage 200:1, spreads variable, ECN/STP
Apex FX Trading – MT4 broker (GMT) – min deposit $250, leverage 200:1, spreads fixed, Forex broker type – Market maker
AxiTrader – MetaTrader 4 (GMT) – min deposit $1000, leverage 200:1, spreads variable, STP
Direct Currency Markets (DCM) – MetaTrader 4 (GMT) – min deposit $1000, leverage 100:1, spreads variable, DMA/STP
Forex FS – Forex Financial Services – MetaTrader 4 (GMT) – min deposit $500, leverage 100:1, spreads variable, DMA/STP
Harbour FX – MetaTrader 4 (GMT-2) – min deposit $50, leverage 500:1, spreads variable, DMA/STP & STP
IC Markets – MetaTrader 4 (GMT) – min deposit $1000, leverage 400:1, spreads variable, STP
FX Solutions AU – MetaTrader 4 – min deposit $250, leverage 400:1, spreads fixed, Market maker
FXCM AU – MetaTrader 4 – min deposit $2000, leverage 200:1, spreads variable, STP
Go Markets – MetaTrader 4 (GMT+2) – min deposit $1, leverage 500:1, spreads variable, DMA/STP
IBFX – Interbank FX AU – MetaTrader 4 – min deposit $1, leverage 400:1, spreads variable, STP + Market maker
Pepperstone – MetaTrader 4 (GMT) – min deposit $200, leverage 400:1, spreads variable, DMA/STP & ECN/STP
Synergy FX – MetaTrader 4 (GMT) – min deposit $500, leverage 500:1, spreads variable, DMA/STP
TyTradium Fx – MetaTrader 4 – min deposit -, leverage 500:1, spreads -, DMA/STP
Vantage FX – MetaTrader 4 (GMT+2) – min deposit $500, leverage 500:1, spreads variable, DMA/STP
BestecNFX – MT4 – (GMT+1) – min deposit $200, leverage 100:1, spreads variable, Forex broker type – ECN/STP & DMA/STP
Divisa Capital (DCFX) – MT4 – (GMT+1) – min deposit $2500, leverage 100:1, spreads variable, Forex broker type – ECN/STP
FXCENTRAL – MT4 broker – (GMT+1) – min deposit $500, leverage 100:1, spreads variable, Forex broker type – ECN/STP
Intel FX – MT4 – (GMT+1) – min deposit $1, leverage 500:1, spreads fixed, Forex broker type – Market maker
KVB Kunlun – MT4 – min deposit $1000, leverage 100:1
Lucror FX – MT4 – (GMT+1) – min deposit $500, leverage 200:1, spreads variable, Forex broker type – STP
Pacific Financial Derivatives (PFD) – MT4 – min deposit $200, leverage 500:1 (non-US), 50:1 (US), spreads variable, Forex broker type – Market maker
RoboForex – MT4 – (GMT+1) – min deposit $10, leverage 500:1, spreads fixed & variable, Forex broker type – ECN/STP & DMA/STP & Market maker
ThinkForex – MetaTrader 4 – min deposit $500, leverage 200:1, spreads variable, ECN/STP & DMA/STP
Velocity Trade – MT4 – min deposit $1000, leverage 100:1, spreads variable, Forex broker type – DMA/STP
ACM – MT4 broker – min deposit $2000, leverage 100:1, spreads fixed, Forex broker type – STP & Market maker
CIM Bank – MT4 broker – min deposit $7500, leverage 100:1, spreads variable, Forex broker type – STP
Dukascopy – MT4 broker – min deposit $100, leverage 100:1, spreads variable, Forex broker type – ECN/STP (MT4 in Beta testing)
Mandus Invest SA – MT4 broker – min deposit $500, leverage 400:1, spreads fixed, Forex broker type – Market maker
MIG BANK – MT4 broker – (GMT+1) – min deposit $2000, leverage 500:1, spreads variable, Forex broker type – DMA/STP & Market maker
Universal FX – MT4 broker – (GMT+1) – min deposit $2000, leverage 100:1, spreads variable, Forex broker type – ECN/STP
In-Arabia – MetaTrader 4 – min deposit $200, leverage 400:1, spreads fixed, Market maker
N2 Capital Markets – MetaTrader 4 (GMT) – min deposit $2000, leverage 200:1, spreads fixed, Marker maker
2WayFx – MT4 broker (GMT+2) – min deposit $500, leverage 200:1, spreads variable, forex broker type – STP
ACFX – MT4 broker – min deposit $50, leverage 500:1, spreads variable, forex broker type – market maker
AFX Capital – MT4 broker (GMT+2) – min deposit $200, leverage 500:1, spreads fixed & variable, forex broker type – ECN/STP, DMA/STP & market maker
Askobid – MT4 broker – min deposit $1000, leverage 200:1, spreads fixed, forex broker type – market maker
BlackHorse FX – MT4 broker – min deposit $2000, leverage 500:1, spreads fixed & variable, forex broker type – STP
FIGfx – MT4 broker – (GMT+1) – min deposit $10, leverage 500:1, spreads fixed, type – Market maker & STP
FalcoFX – MT4 broker – min deposit $100, leverage 200:1, spreads fixed & variable, Forex broker type – STP
Finexo – MT4 broker – min deposit $100, leverage 200:1, spreads fixed, Forex broker type – Market maker
FOREXYARD – MetaTrader 4 – min deposit $100, leverage 200:1, spreads fixed, Market maker
FXCC – MT4 broker – (GMT+2) – min deposit $500, leverage 100:1, spreads variable, Forex broker type – ECN/STP
FxPro.com – MT4 broker – (GMT+3) – min deposit $500, leverage 500:1, spreads variable, Forex broker type – Market maker
IKOFX – MT4 broker – min deposit $1, leverage 500:1, spreads fixed, Forex broker type – Market maker
IronFX – MT4 broker (GMT+2) – min deposit $200, leverage 500:1, spreads variable, forex broker type – STP & Market maker
Markets.com – MT4 broker – min deposit $100, leverage 200:1, spreads fixed & variable, Forex broker type – Market maker
Masterforex – MT4 broker – (GMT+2) – min deposit $1 ($500 for ECN), leverage 500:1, spreads – fixed & variable, Forex broker type – ECN/STP & Market maker
TADAWUL FX – MT4 broker – (GMT+1) – min deposit $500, leverage 500:1, spreads fixed, type – STP
TFIFX – MT4 broker (GMT+2, +3) – min deposit $1000, leverage 100:1, spreads fixed, Forex broker type – Market maker
Traders Trust – MT4 broker – (GMT+2) – min deposit $100, leverage 500:1, spreads variable, type – STP
Trading Point – MT4 broker – (GMT) – min deposit $1, leverage 500:1, spreads variable, type – DMA/STP
Windsor Brokers – MT4 broker – (GMT+3) – min deposit $100, leverage 500:1, spreads variable, Forex broker type – Market maker
UWC – United World Capital – MT4 broker (GMT+2) – min deposit $5, leverage 500:1, spreads fixed & variable, Forex broker type – Market maker
4XP – MetaTrader 4 – min deposit $100, leverage 300:1 (500:1), spreads fixed & variable, ECN/STP & Market maker
Ava FX – MetaTrader 4 – min deposit $100, leverage 400:1, spreads fixed, Market maker
Fibo Group Ltd – MT4 (GMT+1) – min deposit $300, leverage 200:1, spreads fixed, Forex broker type – Market maker
Forex4you – Metatrader 4 – min deposit $1, leverage 500:1, spreads variable, DMA/STP & STP
Forex Control – MetaTrader 4 (GMT+2) – min deposit $500, leverage 500:1, spreads variable, STP
FXCBS – MT4 broker – (GMT+3) – min deposit $500, leverage 100:1, spreads variable, Forex broker type – ECN/STP
FXSalt – MT4 broker – (GMT+2) – min deposit $250, leverage 400:1, spreads variable, Forex broker type – STP
Gallant Capital Markets (GCMFX) – MT4 broker – GMT – min deposit $100, leverage 400:1, spreads variable, Forex broker type – ECN/STP & DMA/STP
GTL Forex – MetaTrader 4 (GMT) – min deposit $500, leverage 400:1, spreads fixed, STP
ICM – iTrade Capital Markets – MetaTrader 4 – min deposit $500, leverage 400:1, spreads fixed, Market maker
IFC Markets – MetaTrader 4 – (GMT+1) – min deposit $1, leverage 400:1, spreads fixed, Market maker
InstaForex – MetaTrader 4 – min deposit $1, leverage 1000:1, spreads fixed, STP
Loyal Forex – MetaTrader 4 – min deposit $50, leverage 300:1, spreads fixed & variable, ECN/STP & STP
PaxForex – MetaTrader 4 (GMT+2) – min deposit $5, leverage 500:1, spreads variable, STP + Market maker
Real Trade Group – MetaTrader 4 – min deposit $20, leverage 500:1, spreads fixed, Market maker
Solidity Brokers – M4 broker (GMT+2) – min deposit $100, leverage 100:1, spreads fixed & variable, Forex broker type – ECN/STP & STP
UPME Group – MetaTrader 4 – min deposit $1, leverage 500:1, spreads fixed & variable, STP & Market maker
Broco – MT4 broker – (GMT+1) – min deposit $25, leverage 500:1, spreads fixed & variable, STP
FBS – MetaTrader 4 (GMT) – min deposit $5, leverage 500:1, spreads – fixed & variable, broker type – DMA/STP & Market maker
FXcast – MetaTrader 4 (GMT+1) – min deposit $10, leverage 400:1, spreads – fixed, broker type – STP & Market maker
FxCompany – MetaTrader 4 (GMT+2) – min deposit $100, leverage 500:1, spreads – fixed & variable, Market maker
FXPRIMUS – MetaTrader 4 – min deposit $250, leverage 500:1, spreads variable, STP & ECN/STP
HotForex – MT4 broker – (GMT+1) – min deposit $5, leverage 500:1, spreads variable, DMA/STP
NordFX – MetaTrader 4 – min deposit $5, leverage 500:1, spreads – fixed & variable, broker type – ECN/STP & Market maker
Baron Forex (BFX) – MT4 broker – (GMT) – min deposit $250, leverage 400:1, spreads fixed, Forex broker type – Market maker
FX Choice – MT4 broker – (GMT+2) – min deposit $10, leverage 200:1, spreads fixed & variable, Forex broker type – Market maker & ECN/STP
GCI Financial – MT4 broker – (EST) – min deposit $2000, leverage 400:1, spreads fixed, Forex broker type – Market maker & STP
Global Clearing Group LTD – MT4 broker – min deposit $500, leverage 500:1, spreads fixed, Forex broker type – Market maker
MFFX – MT4 broker – min deposit $100, leverage 200:1, spreads fixed, Forex broker type – Market maker
Real-Forex – MT4 broker – (GMT) – min deposit $2000, leverage 200:1, spreads variable, Forex broker type – ECN/STP & DMA/STP
The Collective FX GLOBAL – MT4 broker – min deposit $100 + monthly membership fee, leverage 100:1, spreads variable, Forex broker type – DMA/STP
Atlantic FX – MetaTrader 4 – (EST) – min deposit $1000, leverage 400:1, spreads fixed, STP+Market maker
ECN Alpha – MetaTrader 4 – min deposit $250, leverage 100:1, spreads variable, ECN.
England Foreign Exchange (EFX) – MetaTrader 4 (GMT) – min deposit $500, leverage 200:1, spreads fixed, Market maker
Forex-Metal – MetaTrader 4 (GMT) – min deposit $1, leverage 500:1, spreads fixed, Market maker
FXOpen – MetaTrader 4 (GMT+3) – min deposit $1, leverage 500:1, spreads fixed & variable, Market maker & STP/ECN (accounts over $1000)
IamFX – MT4 broker – min deposit $100, leverage 400:1, spreads variable, Forex broker type – DMA/STP
InovaTrade – MetaTrader 4 (GMT) – min deposit $500, leverage 500:1, spreads variable, ECN/STP
AccentForex – MT4 broker – min deposit $10, leverage 500:1, spreads fixed & variable, Forex broker type – STP & Market maker
AstaForex – MT4 broker (GMT+1) – min deposit $1, leverage 500:1, spreads fixed, Forex broker type – STP
Axiory – MT4 broker – (GMT) – min deposit $500, leverage 300:1, spreads variable, Forex broker type – DMA/STP
Grand Capital – MT4 broker (GMT+3) – min deposit $1, leverage 500:1, spreads variable, Forex broker type – DMA/STP & ECN/STP
LiteForex – MT4 broker – min deposit $10, leverage 500:1, spreads fixed & variable, Forex broker type – STP
Profiforex – MT4 broker (GMT+1) – min deposit $1, leverage 500:1, spreads fixed, Forex broker type – STP
Sunbird – MT4 broker – min deposit $100, leverage 100:1, spreads variable, Forex broker type – ECN/STP & DMA/STP
UpFX – MT4 broker – min deposit $250, leverage 500:1, spreads variable, Forex broker type – DMA/STP & STP
Bulbrokers EAD – MetaTrader 4 (GMT+3) – min deposit $50, leverage 200:1, spreads fixed, Market maker – Bulgaria
Deltastock – MetaTrader 4 (GMT+3) – min deposit $100, leverage 200:1, spreads fixed, Market maker – Bulgaria
ForexCent – MetaTrader 4 – min deposit $1, leverage 500:1, spreads fixed, Market maker – Czech Republic
Trader’s Way – MetaTrader 4 (GMT+3) – min deposit $1, leverage 500:1, spreads fixed & variable, ECN/STP & STP & Market maker – Dominica
Dealing24 – MetaTrader 4 – min deposit $100, leverage 100:1, spreads fixed, Marker maker – Estonia
GIGFX – MT4 broker – min deposit $100, leverage 200:1, spreads fixed, Forex broker type – Market maker – Egypt
FinFx – MetaTrader 4 – min deposit $150, leverage 300:1, spreads fixed & variable, DMA/STP, ECN account from $2500 – Finland
Easy-Forex – MT4 broker – (GMT) – min deposit $25, leverage 200:1 (non-US) 50:1 (US), spreads fixed, Forex broker type – Market maker – Island of Guernsey
AMIFOX – MetaTrader 4 (GMT+1) – min deposit $1, leverage 200:1, spreads variable, STP – Germany
Varengold Bank FX – MetaTrader 4 (GMT+1) – min deposit $2500, leverage 200:1, spreads variable, STP – Germany
Investorseurope – MT4 broker (GMT) – min deposit $250, leverage 400:1, spreads variable, Forex broker type – DMA/STP & ECN/STP – Gibraltar
AAAFx – MetaTrader 4 (GMT) – min deposit $300, leverage 200:1, spreads variable, DMA/STP – Greece
Arab Financial Brokers (AFB) – MetaTrader 4 (GMT+3) – min deposit $50, leverage 400:1, spreads fixed, STP – Kuwait
Renesource Capital – MetaTrader 4 (GMT+2) – min deposit $500, leverage 100:1, spreads variable, ECN/STP & DMA/STP – Latvia
RFXT – Royal Forex Trading – MetaTrader 4 (GMT+2) – min deposit $2500, leverage 200:1, spreads fixed & variable, ECN/STP & STP – Lebanon
STRATO Markets – MetaTrader 4 (GMT+2) – min deposit $250, leverage 400:1, spreads fixed, STP – Netherlands
X-Trade Brokers (XTB) – MetaTrader 4 (GMT+1) – min deposit €500, leverage 100:1, spreads fixed & variable, Market maker – Poland
BMFN – Boston Merchant Financial – MetaTrader 4 – min deposit $200, leverage 200:1, spreads fixed & variable, ECN/STP & Market maker – Russia
EXNESS – MetaTrader 4 (GMT) – min deposit $100, leverage 1000:1, spreads variable, Market maker – Russia
In-Trade – MetaTrader 4 – min deposit $1, leverage 500:1, spreads fixed, Market maker (IB Riston Capital) – Russia
Tradeview Forex – M4 broker – min deposit $100, leverage 400:1, spreads fixed & variable, Forex broker type – ECN/STP & Market maker – Russia
ACM Gold – MT4 broker (EST) – min deposit $250, leverage 500:1, spreads fixed, Forex broker type – STP & Market Maker – South Africa
Gedamo Investments – MT4 (GMT) – min deposit €2000, leverage 200:1, spreads fixed & variable, STP(ECN) & Market maker – Sweden
NordMarkets – MT4 (GMT) – min deposit $500, leverage 200:1, spreads variable, STP(ECN) & STP – Sweden
Forex-AZ – MetaTrader 4 – min deposit $300, leverage 100:1, spreads fixed, market maker – Turkey
Hedefonline – MT4 – min deposit $50, leverage 400:1, spreads fixed, market maker – Turkey
Fin Market – MetaTrader 4 – min deposit $100, leverage 200:1, spreads fixed, Market maker – Ukraine
leverage- In forex, investors use leverage to profit from the fluctuations in exchange rates between two different countries. The leverage that is achievable in the forex market is one of the highest that investors can obtain. Leverage is a loan that is provided to an investor by the broker that is handling his or her forex account. When an investor decides to invest in the forex market, he or she must first open up a margin account with a broker. Usually, the amount of leverage provided is either 50:1, 100:1 or 200:1, depending on the broker and the size of the position the investor is trading. Standard trading is done on 100,000 units of currency, so for a trade of this size, the leverage provided is usually 50:1 or 100:1. Leverage of 200:1 is usually used for positions of $50,000 or less.
spread – First, remember that in the forex markets investors trade one currency for another. Therefore, currencies are quoted in terms of their price in another currency. In order to express this information easily, currencies are always quoted in pairs (e.g. USD/CAD). The first currency is called the base currency and the second currency is called the counter or quote currency (base/quote). For example, if it took C$1.20 to buy US$1, the expression USD/CAD would equal 1.2/1 or 1.2. The USD would be the base currency and the CAD would be the quote or counter currency. Now that we know how currencies are quoted in the marketplace, let’s look at how we can calculate their spread. Forex quotes are always provided with bid and ask prices, similar to what you see in the equity markets. The bid represents the price at which the forex market maker is willing to buy the base currency (USD in our example) in exchange for the counter currency (CAD). Conversely, the ask price is the price at which the forex market maker is willing to sell the base currency in exchange for the counter currency. Forex prices are always quoted using five numbers; so, for this example, let’s say we had a USD/CAD bid price of 120.00 and an ask of 120.05. Thus, the spread would be equal to 0.05, or $0.0005.
Can anyone publish a list of ECN/STP brokers which are accepting USA clients as of Jan.1.2012 ?
@Herbert Dollenmeier
You can see on the Forex Brokers USA list.