Tuesday, September 22nd, 2009 at
5:04 pm
A list of Forex brokers which support MetaTrader 4 Forex trading software as a primary Forex trading platform. MetaTrader 4 allows Forex traders a very flexible trading environment including Forex trading automation with MT4 expert advisors
InstaForex — Forex Broker
InstaForex:
| Company: |
InstaForex |
| On-line since: |
2008 |
| Country of origin: |
British Virgin Islands |
| Regulation: |
Regulated by Russian FFMS. |
| Payment options: |
Moneybookers, wire transfer, credit cards, Liberty Reserve, WebMoney and RuPay |
| Minimum account size: |
$1 |
| Minimum lot size: |
0.01 |
| Leverage: |
from 1:1 to 1:500 |
| Spreads: |
3 pips on EUR/USD |
Advantages:
- MetaTrader 4 trading platform
- 6% interest rate on deposit
- Flexible leverage
- Wide range of funding options
- Islamic (no interest) accounts available
- Rich bonus system
Disadvantages:
- No important disadvantages
Click here to open an account with InstaForex
Forex4you — Forex Broker
Forex4you:
| Company: |
E-Global Trade & Finance Group, Inc. |
| On-line since: |
2007 |
| Country of origin: |
United Kingdom |
| Regulation: |
Unregulated |
| Payment options: |
WebMoney, Liberty Reserve, e-gold, credit cards and bank wire |
| Minimum account size: |
$1 |
| Minimum lot size: |
0.0001 lots |
| Leverage: |
up to 1:500 |
| Spreads: |
2 pips on EUR/USD |
Advantages:
- MetaTrader 4 platform
- Interest rate on account balance
- Muslim-friendly accounts with no overnight interest
- Extremely low minimum account size and trade amount
Disadvantages:
- No important disadvantages
Click here to open an account with Forex4you
FXOpen — Forex Broker
FXOpen:
| Company: |
FXOpen Investments Inc. |
| On-line since: |
2005 |
| Country of origin: |
Mauritius |
| Regulation: |
Regulated by Financial Service Commission (FSC) of Mauritius. |
| Payment options: |
Liberty Reserve, WebMoney, CashU, and wire transfer |
| Minimum account size: |
$1 |
| Minimum lot size: |
0.001 lot |
| Leverage: |
from 1:1 to 1:500 |
| Spreads: |
2 pips on EUR/USD |
Advantages:
- MetaTrader 4 Forex broker
- ECN Forex broker
- Traders contests and competitions
- Bonus for real trader account opening
- Muslim Forex broker – no-overnight interest accounts
- WebMoney funds deposit/withdraw option
- Futures trading is available
- Start trading with as little as $1
Disadvantages:
- No important disadvantages
Click here to open an account with FXOpen
MasterForex — Forex Broker
MasterForex:
| Company: |
Beaverhead Financial Inc. |
| On-line since: |
2006 |
| Country of origin: |
Russia |
| Regulation: |
Unregulated |
| Payment options: |
PayPal, Wire transfer, WebMoney and Liberty Reserve |
| Minimum account size: |
$1 |
| Minimum lot size: |
0.001 lot |
| Leverage: |
up to 1:500 |
| Spreads: |
2 pips on EUR/USD |
Advantages:
- MetaTrader 4 trading platform
- Trading from $1
- Muslim-friendly Forex accounts
- WebMoney and Liberty Reserve deposit/withdrawal options
Disadvantages:
- No important disadvantages
Click here to open an account with MasterForex
EFOREX — Forex Broker
EFOREX:
| Company: |
EFOREX Inc. |
| On-line since: |
2009 |
| Country of origin: |
Panama |
| Regulation: |
Unregulated |
| Payment options: |
Moneybookers, wire transfer and credit cards |
| Minimum account size: |
$25 |
| Minimum lot size: |
0.01 lot |
| Leverage: |
from 1:1 to 1:400 |
| Spreads: |
Variable — from 0.5 to 3 pips on EUR/USD |
Advantages:
- MetaTrader and WinTrader trading platforms
- Islamic accounts available on request
Disadvantages:
- No important disadvantages
Click here to open an account with EFOREX
Tuesday, September 22nd, 2009 at
10:22 am
A list of Forex brokers which support Moneybookers payment system as an option for funds deposit/withdrawal. Moneybookers is a popular British electronic payment system that is acceptable world-wide. It is regulated by Financial Services Authority in United Kingdom. Brokers accepting this payment system confirm their valid bank account details and the physical location.
InstaForex — Forex Broker
InstaForex:
| Company: |
InstaForex |
| On-line since: |
2008 |
| Country of origin: |
British Virgin Islands |
| Regulation: |
Regulated by Russian FFMS. |
| Payment options: |
Moneybookers, wire transfer, credit cards, Liberty Reserve, WebMoney and RuPay |
| Minimum account size: |
$1 |
| Minimum lot size: |
0.01 |
| Leverage: |
from 1:1 to 1:500 |
| Spreads: |
3 pips on EUR/USD |
Advantages:
- MetaTrader 4 trading platform
- 6% interest rate on deposit
- Flexible leverage
- Wide range of funding options
- Islamic (no interest) accounts available
- Rich bonus system
Disadvantages:
- No important disadvantages
Click here to open an account with InstaForex
FxCompany — Forex Broker
FxCompany:
| Company: |
FxCompany Ltd |
| On-line since: |
2006 |
| Country of origin: |
Mauritius |
| Regulation: |
Is a licensed provider of investment adviser services and regulated by FSC (Financial Services Commission) of Mauritius. License no. C109007280, issued on 25.03.2009. |
| Payment options: |
Wire transfer, WebMoney, Moneybookers and Liberty Reserve |
| Minimum account size: |
$100 |
| Minimum lot size: |
0.1 lot |
| Leverage: |
from 1:1 to 1:500 |
| Spreads: |
0.8 pip on EUR/USD |
Advantages:
- MetaTrader broker
- Informative website
- Contests of traders
- Forex, futures, CFD, metals and oil trading instruments
- Muslim-friendly accounts without overnight swaps
Disadvantages:
- No important disadvantages
Click here to open an account with FxCompany
eToro — Forex Broker
eToro:
| Company: |
eToro Inc. |
| On-line since: |
2007 |
| Country of origin: |
Cyprus |
| Regulation: |
Registered member of NFA (ID: 0382918). |
| Payment options: |
Moneybookers, WebMoney, bank wire, credit cards, PayPal and Neteller |
| Minimum account size: |
$50 |
| Minimum lot size: |
0.1 lot |
| Leverage: |
1:100, 1:200 and 1:400 |
| Spreads: |
2 pips on EUR/USD |
Advantages:
- Newbie friendly platform
- Web-based trading platform also available
- Innovative approach to Forex
- Great user support
- Muslim-friendly accounts are available
- Variety of electronic payment systems for funds transfers
- Bonuses on deposit
- Free courses for the real account traders
Disadvantages:
- No MetaTrader software support
Click here to open an account with eToro
Ava FX — Forex Broker
Ava FX:
| Company: |
Ava FX |
| On-line since: |
2006 |
| Country of origin: |
British Virgin Islands |
| Regulation: |
Unregulated |
| Payment options: |
WebMoney, PayPal, Moneybookers, Western Union, e-gold, credit cards and bank wire |
| Minimum account size: |
$100 |
| Minimum lot size: |
0.1 lot |
| Leverage: |
1:200 |
| Spreads: |
3 pips on EUR/USD |
Advantages:
- Variety of billing options available
- CFD, Forex, metals and oil trading
Disadvantages:
- No Metatrader 4 software support
Click here to open an account with Ava FX
Saturday, September 19th, 2009 at
6:36 am
Panama looks to be one of the favorite starting grounds for the on-line financial companies that are not yet ready for the serious regulation by NFA or FSA but are willing to show up their identity and provide some real-life office information. EFOREX is one of such companies. This Forex broker is very new, it went on-line in mid 2009. It offers two trading platforms — MetaTrader and WinTrader. Currently only Forex instruments are available for trading. Other features of this broker are:
- Moneybookers deposit (along with the common credit cards and wire transfer)
- Flexible leverage
- Micro and mini accounts
- Muslim-friendly no-interest accounts