Top Rated 5 Digit Forex Brokers Reviews - 2018

Until recently, all Forex quotes had 4 digits. But recently, many brokers have turned to 5 digit Forex quotes with the last digit signifying a partial pip. A 5 digit quote is more accurate. There is more room to play as the prices can be broken down further. You can choose to play with half-pips or any other partial amount and this allows traders, especially scalpers, more room to play with. Big traders also enjoy more favourable spreads with 5 digit quotes.

If a broker decides to switch to 5 digit quotes, your software you may not be applicable any more. It is important to check this out before placing additional trades. New account holders should compare different 5 Digit Forex brokers before deciding which one to choose. Check out our listing below to see a comparison of the top 5 Digit Forex brokers

Broker's Name Minimum Deposit Deposit Bonus Type of Platform Maximum Leverage Regulation More Info
FOREX $50 None MetaTrader 4, Proprietary platform 1:50 ASIC, CFTC, FCA, NFA, FSA, IIROC, SFC, CIMA, MAS Accepts US clients
Accepts US clients
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FXCM $50 ?
Standard: $2000, Mini: $50
None MetaTrader 4, Proprietary platform, Web-based 1:50 ASIC, FCA Sign Up

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ETX Capital $100 No Bonus MetaTrader 4, Proprietary platform 1:200 FCA Sign Up

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4 FxPro $500 None MetaTrader 4, Web-based, MetaTrader 5, cTrader 1:500 CySEC, MiFID, FCA Sign Up

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5 FBS $1 100%; $5 on Cent Accounts MetaTrader 4, MetaTrader 5 1:3000 CySEC, IFSC Sign Up

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5 Digit Forex Brokers Reviews

FOREX

FOREX.com is a currency trading website operated by Gain Capital Holdings, Inc., a financial services company that’s been in business since 1999. GAIN Capital is listed on The New York Stock Exchange (NYSE: GCAP).

FOREX Review
FXCM

FXCM (Forex Capital Markets) was founded in 1999 in the U.S.A. and was an early pioneer of internet-based trading. FXCM was listed among the fastest growing companies by Inc. 500 List of America’s Fastest Growing Companies three years in a row. The FXCM Group has headquarters in New York, with offices around the globe in places such as the U.K., France, Italy, and Australia. It is regulated and licensed in each of them. FXCM is also a publicly traded company on the Nasdaq Exchange, the major U.S. exchange listing the equity of large technology-based companies.

FXCM Review
ETX Capital

ETX Capital is domiciled in the UK and is regulated by the Financial Conduct Authority. It is a member firm of the London Stock Exchange and offers multi-asset and multi-market derivatives through CFDs and spread betting products to individuals and institutions based in Europe and other locations. ETX Capital acquired the client base of Alpari UK in 2014 and installed MT4 servers similar to those used by Alpari in order to make the transition as simple as possible.

ETX Capital Review
FxPro
FxPro
FxPro

FxPro is a full-service company that caters to both experienced and beginner traders. Founded in 2007, FxPro has established itself as one of the leading Forex brokers in the industry. Despite its small size, it offers the same features and services as larger trading companies and even more including a wide range of options and a landing page that is chock full of useful information. Navigation throughout the site moves along at a rapid clip and opening either a real or demo account is quick and easy.

FxPro Review
FBS
FBS
FBS

FBS is a Forex broker and international financial and investment service domiciled in Belize with branches in Indonesia, Malaysia, Egypt, Thailand, China, Korea and Myanmar. FBS has won many awards including Best Customer Service Broker Asia 2016 and Highly Recommended Broker Insurance of the year in Indonesia. Today FBS offers trading of more than 40 trading symbols: 35 currency pairs, 4 metals and 2 CFD. FBS was founded in 2009 and is regulated by IFSC and CySEC.

FBS Review