InformedTrades

Use the matrix below to compare and review forex brokers. Leave your questions and comments in the section below, or by starting a thread in our discussion forum.



Featured Broker Threads

FXCM
Etoro
AvaFX
Suretrader

For all the discussions we've had on InformedTrades about currency dealers, see our forex broker discussion archive.

Financial Contributors

The following firms have made a financial contribution in exchange for placement on this page. InformedTrades LLC does not specifically recommend them.

Alpari Forex Broker
FBS Markets Inc.

Thank

 

Elijah

anyone currently using instaforex?

Thank

 

Simit Patel

yes, i have a small account with instaforex. spreads are a little higher, but other than that, no problems, i like them. i tested a small withdrawal and it worked fine. i don't feel comfortable putting a larger amount of money with them -- at least not yet -- although i don't really have anything negative to say about them. i think they are a good choice for those looking to trade with a very small amount, either as a novice just starting out or experienced traders who want some live accounts to experiment with or take very high risk with.

Thank

 

Elijah

Simit the above matrix listing for MB Trading is incorrect. Using mt4 their mini account is $1.00 per pip. BUT that is for a LOT SIZE of 1.0 WHICH means entering an order in the mb trading mt4 client as .1 (instead of the default 1.0) will result in a trade allowing the trader to play .10 or TEN CENTS a pip. So the minimum for an MB Trading mt4 account is really a micro lot right?

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Elijah

its is a 1K lot, I am sure, so the above matrix for MB is wrong

Thank

 

TradingFinn

I decided to ask here before plunging into research of my own.

Has anyone compared which Forex broker offers best positive roll-over rates? The interest rate differentials are of course the same for all brokers, but the amount the broker chips off / adds in, must vary some.

Thank

 

Simit Patel

thank you for the correction, elijah -- i've updated the matrix accordingly

@tradingfinn, yes, i wanted to include something about rollover into the matrix, but couldn't find a good solution......i know the markup can vary a good bit......

Thank