Brokers Reviews List

AVAFX
AVAFX
The very first thing that comes into ones mind when introduced to Ava FX is how easy and friendly their interface is. This is apparent surfing through their website, where all needed information for someone new to this firm is accessible and clear, and is even more so with their trading platform – Ava Trader, where all features are no more than a click away......
Go to AVAFX Web Site

ADVANTAGES

Variety of billing options
24 hr Phone and web base support

iFOREX
iFOREX

iFOREX offers comprehensive forex trading platforms, with a sophisticated download version for advanced trader, and a web-based version accessible to anyone anywhere.


Use of their tools is fairly simple if you are familiar with FOREX systems. The minimum deposit is $100 and minimum deal is $5,000, so if this is your first time in the market it is advised to try out the downloadable demo version or contact them for support.

Go to iFOREX Web Site

ADVANTAGES

Easy to open an account, deposit and trade
Relatively low minimum deposit ($100)
Web based version in addition to download
Web based version available in 13 languages
Ability to trade via phone

eToro
eToro
eToro is a brand new trading platform that just might be the most novice-friendly FOREX learning tool on the market today.  eToro makes learning and mastering your FOREX trading skills an incredibly fun experience with a graphical user interface like no other FOREX platform.  Beginners first venturing into the world of FOREX now have an entertaining solution to the difficulty that comes in trying to initially understand FOREX and making sense of the most highly regarded, widely used but complex FOREX platforms out there.
Go to eToro Web Site

ADVANTAGES

Fun & Very Inviting
Interactive With Good Online Community
Comprehensive Trade History
Low deposit required to join in on the fun
Informative headline ticker and live FX rates in the lobby

Easy-Forex
Easy-Forex

Easy-Forex is a no-download platform developed for traders who wish to use a system that is truly easy to use. The registration process is quick and simple and so is the depositing of funds. Easy-Forex offers Day Trading, Limit Orders, and additional deals depending on the location of the user. Spreads and amounts to risk depend on the type of the account ranging from mini-accounts to tailor made VIP accounts. The minimum risk required is $12.5

Go to Easy-Forex Web Site

ADVANTAGES

Truly easy to use!
Comprehensive training programs
Excellent customer support, including personal account manager
Over 100 pairs to trade
The lowest minimum deposit and risk ($12.5)

FXYard
FXYard

FXYard claims to be “committed to delivering the very best Online FOREX Trading experience”. While their dealing platform is not the easiest to use, they do offer a full set of tools to ease the new trader into the market and to maximize their customers’ profits. These tools include online tutorials, personal training (chat, over the phone and even face to face), and a dedicated support team that will answer your questions almost 24/7.

Go to FXYard Web Site

ADVANTAGES

Relatively low minimum deposit ($100)
Excellent customer support, including personal account manager
Excellent training materials
Registration and deposit process are short and simple
Software available in various languages

AC-Markets
AC-Markets
ACM is one of the largest brokers in the FOREX market. They offer 3 user friendly platforms which can be accessed via web and via mobile phones. While it is easy and convenient to trade with ACM, the minimum deposits required are extremely high, starting at $2,000 for mini accounts! The minimum lot size is 100,000 units, and spreads are not fixed, thus exposing the trader on ACM to high risks during volatile markets.
Go to AC-Markets Web Site

ADVANTAGES

No slippage / No requotes
User friendly software
1 Account, 3 Access Points: Web, Download, Mobile Phone
Multi-lingual services
One of the largest Forex companies in the market

Marketiva
Marketiva

Marketiva has established itself as an industry leader thanks to its advanced trading platform and its highly recommended customer service. They require low minimum deposits, and allow very low risk while trading. All these features make Marketiva very attractive for a newcomer to the FOREX market.


Go to Marketiva Web Site

ADVANTAGES

User-friendly software
Chat with others while trading
Demo account and real money account on the same platform
Low minimum deposit – only $1
High standard customer support

ForexWebTrader
ForexWebTrader
ForexWebTrader is a sophisticated forex trading platform that’s designed clearly enough for the novice or experienced trader. The site’s combination of offering more than 45 different trading pairs, along with a virtual tour and live help features, make it one of the more comprehensive forums available.
Go to ForexWebTrader Web Site

ADVANTAGES

Quick Navigation key provides easy access to most-used pages
Comprehensive Platform Guide that directs you into the world of forex training.
MobileWebTrader allows you to trade even when you’re not in front of your computer.

Dukascopy
Dukascopy
Dukascopy provides clients with exclusive right of entry into the biggest Swiss FOREX Interbank liquidity network with sophisticated trading tools, price/execution guarantees, slippage control, full market depth and very reliable customer service.
Go to Dukascopy Web Site

ADVANTAGES

Biggest marketplace in the world
Low spreads, slippage control
Reliable Customer Service
ARIF regulated with known physical address

Oanda
Oanda

OANDA’s offers a complete FOREX trading experience with all its tools, products, resources and users discussion forums. In addition to these services OANDA strives to offer the lowest spreads to any trader using their platform, no matter what the levels of activity in their account are. So while it definitely takes time to master this full set of tools, the trader using them will eventually be able to manage his trading strategy to make the most out of using this platform.

Go to Oanda Web Site

ADVANTAGES

Extremely low spreads
Minimum trade size $1
Maximum trade size $1M
Have a huge variety of Forex tools
Multi currency accounts

Finotec
Finotec

Compared to the many other FOREX sites that are racing to grab a share of the online business, Finotec runs with the middle of the pack. Although boasting the best trading platform and support services of any FOREX site, Finotec’s offerings are similar to those of a number of other companies. It does have is a more consumer look and feel than many larger commercial sites and seems inviting to the beginner. At the moment, though, it seems to be going through some growing pains, so some support services may be lacking. But in the end it may indeed prove a winner for the trading novice.

Go to Finotec Web Site

ADVANTAGES

Demo account for learning and practice
Mini account to get your feet wet
Your choice of Web-based or Windows-based platform
Narrow spreads (up to 3 pips) and generous leverage (200:1)
More than just Forex trading (options, metals, etc.)

FOREX.com
FOREX.com

FOREX.com launched operations in 1999 as a tool for professionals FOREX traders and is now used by traders from all over the world and all experience levels.


After depositing funds through a variety of vehicles, you have access to a wide range of research charts, news headlines and online tutorials to help you make the best investments. There is a learning curve involved in navigating the information, but once you do, you’ll find the information you need pretty quickly.

Go to FOREX.com Web Site

ADVANTAGES

Low spreads, 1-2 pips for major pairs
4 trading platforms, including wireless
11 languages
Around-the-clock support is available

FXcast
FXcast
FXcast is a worldwide financial services corporation that is specialized in offering currency traders of various levels and experience with excellent quality online trading services. FXcast has remained in the market since 2 years.
Go to FXcast Web Site