Forex broker rating: review and comparison

On-line since: 2007
Country of origin: Russia
Regulation: CRFIN
Payment options: QIWI, Skrill, Visa, MasterCard, China Union Pay, Boleto, Payco, NETELLER, MegaTransfer, bank transfers, cash (InstaForex dealer)
Minimum account size: $1
Minimum lot size: 0.01
Leverage: 1:1000
Spreads: 3 pips on EUR/USD

InstaForex is an ECN broker, which has been providing access to the trading operations on the international monetary market since 2007. The company has more than 2,000,000 customers. InstaForex offers one of the best trading conditions and contract specifications. Moreover, the company provides the customers with a wide range of bonuses and services such as the PAMM system and ForexCopy enabling the clients with different knowledge level to earn money on Forex.
Furthermore, series of competitions and campaigns amounts to 12. Besides the prize money, the traders can win mobile devices and luxurious cars such as Porsche Cayman and Jaguar F-Type.
Before going live with any broker, traders should learn advantages and disadvantages of each company. InstaForex review in the Comment section will help traders choose a company to work with.
If it is the first time you choose a broker, first of all, you should pay attention to the service quality, initial deposit, and leverage. Moreover, you should find information about broker's trade turnover and the number of active live accounts, which can tell you whether the company is worth dealing with. The more clients a company has, the higher the quality and security of its service is. More than 1,000 new accounts are registered with InstaForex every day. The company has over 265 representative offices worldwide.
"Social life" of any company is also very important. It demonstrates how often the company takes part in different international and regional events and what it has achieved while operating on Forex.
InstaForex review sent by the company's clients can help you make the right choice from the huge list of different companies.
If you are an InstaForex client, please leave your comment and review of your cooperation with the company. Thus, you will help other traders find worth-while provider of Forex services.
You can find reviews sent by InstaForex traders with different work experience below. Using these comments, you can choose the most appropriate Forex company.

Web-site: InstaForex

On-line since: 2015
Country of origin: Cyprus
Regulation: CySEC
Payment options: NETELLER, PayCo, Paxum, Cashu, Skrill, WebMoney, Ukash, Visa/MasterCard, China Union Pay, Megatransfer, Bank Wire, Paypal, Yandex Money, QIWI
Minimum account size: $1
Minimum lot size: 0,01
Leverage: 1:1 to 1:1000
Spreads: 2 pips

The industry's rising game changer, ForexMart is an investment company operating worldwide. ForexMart is regulated by the Cyprus Securities Exchange (CySEC) with license number 266/15 and a member of the European Securities and Markets Authority (ESMA). The company offers numerous financial instruments to diversify a portfolio. It also adheres to the regulations set forth by the Cyprus Investment Services and Activities Regulated Markets Law of 2007 and the European Financial Instruments Directive (MiFID).
For as low as $1, a novice trader can open a ForexMart account and enjoy superb trading platform, incomparable trade execution, and competitive spreads. Clients can trade forex, CFD on shares, and spot metals (leverage for gold and silver trading is 1:100). Traders can also use a leverage of 1:1000, one of the highest leverages on the market. The Cyprus-based firm also takes pride in its 24/5 client support, as well as latest and substantial educational materials to discover new opportunities and improve trading skills.
ForexMart has two bonus offerings: 30% Bonus and No Deposit Bonus. When a trader opens an account and makes the deposit, the company deposits 30% of the total amount of money deposited. The No Deposit Bonus allows clients to test trading platforms without experiencing any investment risk.
The company also provides free VPS hosting to all its clients. ForexMart has recently unveiled Money Fall, its first weekly contest where traders can win up to $2,000 every week.
ForexMart is the official partner of Union Deportiva Las Palmas, a Spanish La Liga football team.

Web-site: ForexMart

On-line since: 2013
Country of origin: Belize
Regulation: IFSC
Payment options: bank transfer, Skrill, Visa, MasterCard, NETELLER
Minimum account size: $1
Minimum lot size: -
Leverage: 1:1000
Spreads: fixed

SuperForex is an international licensed brokerage company which provides financial and investment services for both individual and corporate clients. The company is represented in more than 100 European, Asian and Middle East markets.
In accordance with official website, SuperForex business is built on principles of transparency and honesty. The team of highly educated and experienced employees always works on services’ improvement and development. The mission of SuperForex is to make online trading for its customers profitable and comfortable.
Trading with SuperForex is conducted through the popular MetaTrader 4 platform.
SuperForex advantages:

• over 300 currency pairs;
• 34 CFDs;
• access to Forex instruments, CFDs, futures, and indices;
• standard and swap-free accounts;
• competitive spreads;
• economic news and analysis;
• 24/7 live support.

SuperForex offers its traders exclusive bonus programs and rewards loyal clients with special benefits.
SuperForex is on the list of young and fast growing brokers and already has a range of awards which proves company's professionalism.
On this page you can find traders comments on SuperForex advantages and disadvantages. If you have already worked with this broker, please share your opinion.

Web-site: SuperForex

Country of origin: Russia
Leverage: 1:100 and 1:200
Regulation: Unregulated
Minimum account size: $1
Minimum lot size: 1 lot
Payment options: Wire transfer, Qiwi, RBKmoney, Yandex.Money, PayOnline, WebMoney, Credit/debit cards
Spreads: 5 pips on EUR/USD
On-line since: 2001

TeleTRADE D.J. Company was founded in 1994. TeleTRADE D.J. has more than 120 representative offices in Russia and CIS, countries of Western and Eastern Europe, China and Turkey.
TeleTRADE D.J. Company provides the wide range of consulting services at the world financial markets – international currency exchange market Forex and the American stock markets.
TeleTRADE D.J. Company’s mission consists in arrangement of conditions which will make any person to be able to use his/her capital, both professional and financial, for making maximal profit at the international financial markets.

Web-site: TeleTRADE D.J.

On-line since: 2014
Country of origin: -
Regulation: Not regulated
Payment options: Visa cards, MasterCard cards, Skrill, WebMoney, Qiwi, Yandex.Money, bank transactions via AlfaClick Bank
Minimum account size: $1
Minimum lot size: 0.01
Leverage: from 1:100 to 1:700
Spreads: from 2 pips

NewForex is a new broker on the market aimed at providing the most favorable terms for training and trading on Forex. The company consults on hedging and offers an attractive affiliate program.
NewForex clients can choose between two types of trading accounts, First Stream and New Grade. Any account with this broker gives customers access to 25 currency pairs, metals, futures, CFDs, and shares in 28 companies. NewForex works with the classical MetaTrader4 platform.
NewForex clients can benefit from:

• An unlimited initial deposit
• Access to Islamic accounts
• Round-the-clock customer service
• 30% bonus to every deposit
• Access to analytics

Find more about the broker by reading feedback from traders who have already opened their accounts with NewForex. Be welcome to express your opinion on the activity of the broker in the corresponding section of the website.

Web-site: NewForex

On-line since: 2007
Country of origin: Russia
Regulation: Regulated by RAFFM.
Payment options: WebMoney, Liberty Reserve, bank transfer and credit cards
Minimum account size: $1
Minimum lot size: 0.01
Leverage: no
Spreads: no

Corsa Capital provides private and institutional investors with Internet trading services in financial markets. The main focus of our activity is access to the FOREX international foreign currency exchange market.
Corsa Capital Investment Corporation was founded in 2007 by a group of professional traders in the foreign currency exchange market.We offer our clients the ability to make arbitrage transactions on FOREX by purchasing fixed maturity option contracts, one of the most advanced technologies in foreign exchange dealing today.
Providing this high quality new technology for operating on the foreign currency exchange market, Corsa Capital strives always to meet the level of current standards for client service in internet trading.Client accounts are set up to work in a way that maximizes the speed of shared payments and professionally trained specialists in our consulting center are always willing to provide complete technical support.

Web-site: Corsa Capital

Country of origin: USA
Leverage: from 1:4 to 1:100
Regulation: Regulated by the SEC, NASD, NYSE, SFA and other regulatory agencies around the world.
Minimum account size: $10000
Minimum lot size: 0,25 lot
Payment options: Bank wire, checks and on-line check
Spreads: 1,3 pip (or lower) on EUR/USD
On-line since: 1998

The Interactive Brokers Group, Inc was established by Thomas Peterffy. Within the last 32 years, the Company was developing actively and became one of the leading companies in the segment of providing services for financial markets.
Interactive Brokers is working at more than 80 world financial markets, offering the professional traders the services of on-line trade, including trading at Forex, stock market, futures market and bonds trading across the world.
Interactive Brokers’ clients amount to around million traders from different countries.

Web-site: Interactive Brokers

On-line since: 2001
Country of origin: United Kingdom
Regulation: FSA
Payment options: wire transfers, bank cards
Minimum account size: -
Minimum lot size: 0,01
Leverage: 1:400
Spreads: 1 pip for EUR/USD and USD/JPY

City Index is a subsidiary of GAIN Capital Holdings, Inc. Its offices are located in the UK, Singapore, China as well as Dubai and Australia. City Index was established in 1983 as one of the first companies offering spread betting that is taking bets on the price movements of financial instruments.
Today, City Index is the world’s leader in providing online trading services and CFDs. Every month, the company’s clients from over 50 countries perform more than 2 million deals.
The broker offers its clients competitive spreads and access to thousands of trading instruments, including indices, shares, currency pairs, commodities, bonds, interest rates etc. Traders can choose one of the following trading platforms: Advantage Web, AT Pro, and MetaTrader 4.
City Index has over ten awards for its high-quality and safe services.
Recently, the company has won such awards as The Best Education/Resources, The Best CFD Provider, Forex Provider of the Year, The Best Trading Platform, and some others.

Web-site: City Index

On-line since: 2013
Country of origin: United States
Regulation: FINRA, NFA, SIPC
Payment options: check, wire, and account transfer
Minimum account size: $25,000
Minimum lot size: 0.01 lots
Leverage: 1:500
Spreads: floating from 1 pip

The main office of this US brokerage company is located in Seattle, Washington. Cobra Trading pays a lot of attention to relations with its customers.
The broker offers traders several account types. The minimum deposit makes up $25,000 for a standard account and $50,000 for an ECN account. In addition to major and exotic currency pairs, clients can trade options, futures, and stocks through four platforms: RediPlus, RealTick EMS, RealTick Express, RealTick Ultralite. The platforms can be first tested on a demo account.
Cobra Trading also provides its customers with educational courses, which suit both novices and experience traders, and analytical materials.

Web-site: Cobra Trading

On-line since: 2014
Country of origin: England
Regulation: SSL SECURED
Payment options: Visa, MasterCard, Maestro, American Express,  Yandex, WebMoney, Qiwi, Bank Wire Transfer
Minimum account size: no restriction
Minimum lot size: from 0.01 lot
Leverage: 1:400
Spreads: -

Premium4X provides traders with the latest technology and competitive market conditions to trade currencies, indices, stocks and work in the commodities markets. Premium4X ensure transparency in the trading environment, and multilingual customer support, in the framework of the world's most famous trading platform MetaTrader4 (MT4). The trading platform is able to meet the needs of traders of all levels, from beginners to experienced investors. The information is displayed with quick access to the four main instruments and four financial markets. It offers a large selection of assets for investment and ease of platform can simultaneously monitor multiple transactions. Newsletter, daily market reports and summaries Premium4X give you access to the latest financial and market news, as well as to review trends. Technical and fundamental analysis of the market allows you to trade with minimal risk.
Premium4X provides traders with excellent training and educational materials. Free tutorials include online consultation, training videos, webinars, and free e-books, which will be interesting and informative, even for experienced traders. A successful trader is to us in the first place. Account managers have extensive experience in the financial sphere. Contact them for advice, you can round the clock, via Skype, by phone or by email. Money transfer is fast and easy, with a choice of secure payment methods. Withdrawal is carried out on demand, quickly and in full.
Premium4X offers a variety of accounts, according to the different strategies and levels of training for traders. Each level has its own advantages, such as low spreads, trade bonuses, as well as access to personal customer service manager.
Rapid execution of orders, daily market reviews and quality analyst - is not the whole list of benefits that gives everyone Premium4X invest in the market.

Web-site: Premium4X

Country of origin: USA
Leverage: 1:50
Regulation: Registerd with Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA ID #0325821).
Minimum account size: $1
Minimum lot size: 0.00001 lot
Payment options: Check, Credit/debit cards ,PayPal, Wire transfer
Spreads: 1,2 pips on EUR/USD
On-line since: 1997

Oanda Company was established in 1995.
Oanda uses innovative technologies for providing trading services at Forex market for individual traders and large corporations, from portfolio managers to big financial institutions.
Oanda Company is a member of Forex international market and a reliable resource of currency rates. The Company has an access to the largest in the world quotation database with the most frequently and filtered renewal of information.

Web-site: Oanda

Country of origin: Switzerland
Leverage: 1:100
Regulation: Member of NFA (ID: 0388715). Directly regulated by the Swiss Federal Department of Finance (FDF).
Minimum account size: $2,000
Minimum lot size: 0.1 lot
Payment options: Bank wire and PayPal
Spreads: 3 pips on EUR/USD
On-line since: 2002

ACM was established in 2002.
From the first days of working, the ACM Company has tended to create a corporate culture the basis for which is enterprising spirit with reference to professionalism.
The main criteria of the ACM work are: providing a platform, able to meet competition; transparency of all aspects of working; low profit and no client chasing.
Nowadays, the broker ACM has representation offices in Dubai, Montevideo, New York and Zurich. The Company’s head-office is located in Geneva.

Web-site: Advanced Currency Markets

On-line since: 2000
Country of origin: USA
Regulation: Member of the National Futures Association (NFA) and is registered as a Futures Commission Merchant with the Commodity Futures Trading Commission (CFTC).
Payment options: Bank wire and checks
Minimum account size: $7,500
Minimum lot size: 1 lot
Leverage: 1:33 and 1:50
Spreads: ECN broker - spread varies

Hotspot FXi company was established by group of the currency market professionals in 2000. Hotspot, Inc. is a subsidiary company of Knight Capital Group, Inc.
In 2001, the company got the US registration as a broker with the right to provide services for individuals in the international currency market Forex. In 2002, Hotspot FXi broker has run the first institutional model ECN Hotspot FXi.

Web-site: Hotspot FX LLC

Country of origin: Belize
Leverage: 1:100
Regulation: Registered by International Financial Services Commission of Belize.
Minimum account size: $500
Minimum lot size: 0.1 lot
Payment options: CashU, Credit/debit cards. Perfect Money, Skrill (Moneybookers), Wire transfer
Spreads: 1 pips on EUR/USD
On-line since: 2002

GCI was found in 2002, and is among pioneers at the markets of currency and contract for difference (CFD) trading.
GCI Financial (GCI) is a regulated trading company, specialized in brokerage services at Forex. Moreover, GCI actively participates on the market of CDFs for shares, indexes and futures.
GCI Company has about 10 000 clients all over the world, including individual traders, companies and account managers.
GCI offers its clients a modern, reliable and not sophisticated system for online trading. The clients’ funds are kept on segregated accounts and are insured; and the dealing experience of the company meets the highest requirements.

Web-site: GCI Financial

Country of origin: USA
Leverage: 1:200
Regulation: None
Minimum account size: $250
Minimum lot size: 0.01
Payment options: ClickandBuy, Credit/debit cards, Skrill (Moneybookers), Wire transfer
Spreads: 1,3 pips on EUR/USD
On-line since: 2002

The business model of the FXDD Company has been developed in order to provide the prices of the interbank market participants to customers. This business scheme has been exploited by Tradition Company for over 40 years. The structure of the Company allows avoiding conflicts, when the liabilities and the interests of the firm do not correspond.

Web-site: FXDD