Review, founded in 2001 and now part of US-based, publicly-listed StoneX, is the largest MT4 broker based on active servers as of April 2019, but only maintains the core version of the MT4/MT5 trading platforms. A high-quality proprietary web-based and a desktop alternative are available for manual traders, and VPS hosting supports automated traders. The pricing environment remains competitive, and in-house research, as well as education, exists. Our detailed, unbiased review will help you determine if you should trade at Homepage

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Regulation and Security, owned by GAIN Capital Holdings, became part of US publicly-listed StoneX in October 2020. StoneX remains well-capitalized but has a history of misconduct and regulatory fines under various names over the past decade.


The UK Financial Conduct Authority (FCA) is the primary regulator of Additional oversight exists from the Cayman Islands Monetary Authority (CIMA), the Australian Services and Investments Commission (ASIC), the Investment Industry Regulatory Organization of Canada (IIROC), the US Commodity Futures Trading Commission (CFTC), and the Japanese Financial Services Authority (FSA). segregates client deposits from corporate funds, provides traders with negative balance protection, and enjoys a reliable, trustworthy reputation among clients. Overall, remains a trustworthy Forex broker. remains compliant with six regulators. Regulators

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Fees offers retail traders a commission-free pricing environment starting with a minimum mark-up of 0.8 pips while noting an average of 1.1 pips, which equals $11.00 per 1.0 standard lot. The commission-based alternative lists a minimum spread of 0.2 pips for a fee of $5.00 per $100,000 in nominal trading volume for a cost of $7.00 per lot. Active traders can reduce trading costs up to 15% with the five-tier volume-based rebate program. Professional traders get access to the DMA account, where spreads from 0.1 for a minimum commission of $60.00 per $1,000,000 in trading volume or $6 per lot present a competitive offer starting from $6.10. Active traders may lower the cost to $2.10 per lot via the volume-based cost reduction program. Spreads for non-Forex assets show a mix of attractive and expensive mark-ups. Traders have to pay swap rates on leveraged overnight positions, and passes corporate actions like dividends, splits and mergers on to clients. Third-party payment processor costs may apply.

MT4 traders can easily access swap rates from their platform by following these steps:

1. Right-click on the desired symbol in the Market Watch window and select Symbols.

2. Select the desired currency and then click on Properties located on the right side.

3. Scroll down until you see Swap Long and Swap Short.

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What Can I Trade

Remaining true to its name, ranks among the top Forex brokers based on asset selection. Forex traders get 84 currency pairs and eight cryptocurrency pairs, and allows short selling in Bitcoin and Ethereum. Completing the asset selection are 33 commodities, 18 index CFDs and 4,500 equity CFDs. Not all jurisdictions get access to the entire choice of trading instruments, but most international traders do. Otherwise, the choice will exclude cryptocurrencies and lower the equity CFD selection to 220+. offers a competitive list of assets for those with access to all available instruments and also remains suitable for beginner traders.

Most international traders have an excellent mix of trading instruments at Range of Assets

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Account Types

The three account types at are the commission-free Standard Account, the Commission Account and the Direct Market Access (DMA) Account. The commission-free option is only available on MT4, while both commission-based alternatives require the proprietary web-based trading platform at All traders receive equal treatment, except for the cost reduction for active and high-frequency traders. The DMA account is exclusively for Forex traders but features fewer currency pairs plus gold and silver. While the minimum deposit is $100, recommends $1,000, except for the DMA, where the minimum is $25,000. The maximum leverage depends on the trading jurisdiction and asset type, which for Forex traders can range between an uncompetitive 1:30 to a competitive 1:500 and for equity traders an average of 1:20.

Retail traders have one commission-free and one commission-based trading account, and automated traders are offered MT4 and the commission-free option. Account Types

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Trading Platforms offers clients the out-of-the-box MT4 and MT5 trading platforms, best-suited for automated traders. The well-designed Advanced Trading Platform, available as a desktop client and a web-based option, presents an excellent alternative. It supports algorithmic trading solutions and features 100+ templates and a Development Studio to create custom solutions. All trading platforms also come as mobile apps, popular among millennial retail traders. The competitive choice of trading platforms receives an upgrade through Autochartist, and Recognia, a Trading Central company. ensures that its clients access financial markets with a competitive edge.

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Unique Features

Besides a competitive core trading environment, presents a series of trading tools that stand out. The Performance Analytics tool powered by Chasing Returns helps clients become better traders. The SMART Signals Engines scans 800+ price action patterns using more than 100,000 data points daily to deliver higher accuracy trading signals. also offers clients the Market Strategist service. It is a personalized service for traders that meet the requirements. VPS hosting is available, but unfortunately only for MT5 accounts. A minimum account balance of $5,000 unlocks this service free of charge.

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Research and Education

The four-member in-house global research team publishes quality market commentary, research notes and trading ideas throughout each session. The presentation is professionally structured with well-described content, delivering value to readers. Research is accessible under Latest Research, Market Insights, Trade Ideas, and Week Ahead. A pivot point calculator and an economic calendar, plus a Popular Topics section, complete the competitive research section at The same high-quality approach extends to education, where provides beginner traders with seven themes, including risk management. Each category consists of a combination of YouTube videos, charts, images and written content. Three trading courses, divided into Beginner, Intermediate and Advanced, are also available. increases the educational value through webinars. Overall, the research and education remain among the most valuable industry-wide, as maintains an excellent service.

The four-member research team publishes quality research daily. News and Research Beginner traders will benefit from one of the best educational sections industry-wide. Education

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Customer Support provides customer support 24/5, best reached via live chat. A Service Updates and an FAQ section attempt to limit the number of phone calls and live chat requests, as notes longer-than-expected waiting times. explains its products and services well and strives for operational excellence. It eliminates the need for customer support and reduces it to emergencies only.

Live chat is available. Support

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Opening an Acoount

The online application at remains comprehensive. The first section is straightforward, and requests more information under the About You and Trading Experience sections. Account verification is mandatory, and new traders usually pass after sending a copy of their ID and one proof of residency document. may ask for additional Create Account

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Deposits and Withdrawals only supports bank wires and credit/debit cards as deposit and withdrawal options. The minimum deposit via debit/credit cards is $100, and there is no minimum for bank wires. Deposits and Withdrawals

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General Information

Company Information

  • Broker's Name :
  • Headquarters : United States
  • Regulation : CFTC, FCA, NFA, FSA, ASIC, IIROC, CIMA

Account Information

  • Type of Broker : 35,38
  • U.S. Clients Allowed :
  • Minimum Deposit : $100
  • Maximum Leverage : 1:30-1:500
  • Commissions / Spreads : Both
  • Account 1 : Standard
  • Account 2 : Commission
  • Account 3 : DMA
  • Demo Account :
  • Islamic Account :
  • Segregated Account :
  • Managed Accounts :
  • Deposit Options :
  • Withdrawal Options :

Instruments Traded

  • ETFs :
  • CFDs :
  • Commodities :
  • Metals :
  • Stocks :
  • Oil :
  • Gold :
  • Binary Options :
  • Indices :

Trading Platforms

  • Type of Platform : MetaTrader 4, Proprietary platform
    • Platform Languages :
      • English
    • OS Compatibility :
      • Windows
      • Mobile
      • Web
      • iPhone
      • iPad
  • Trading Signals :
  • Charting Package :
  • Market Analysis :
  • Chart Trading :
  • Automated Trading :
  • Scalping :
  • Hedging :
  • Mobile Alerts :
  • Trailing Stops :
  • Guaranteed Stop Loss :
  • Guaranteed Limit Orders :
  • Guaranteed Execution :
  • One-click Execution :
  • OCO Orders :
  • Interest on Margin :
  • Web-based Trading :
  • Mobile Trading :

Customer Support

    • Website Languages :
      • English
      • Chinese
  • Support Hours : 24/5
  • E-mail Support :
  • SMS Support :
  • Chat :
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Can I trust

Operational since 2001, established itself as one of the most trustworthy brokers operational.

What are the fees for

The commission-free trading account lists a minimum mark-up of 0.8 pips with an average of 1.1 pips. It results in a fee of $11.00 per 1.0 standard lots. The commission-based alternative commences with a spread of 0.2 pips for a commission of $5.00 per lot or a cost of $7.00. Active traders can lower trading fees between 4% and 15% via the volume-based Active Trader rebate program.

Does charge a fee?

Besides spreads and commissions, there are no platform fees or additional core trading charges at, but as with all brokers, swap rates on leveraged overnight positions apply.

What is wrong with

The most significant drawback at is the lack of deposit and withdrawal choices.

Is good for day trading? has the infrastructure in place to support day trading, but it depends on the jurisdiction. Most international clients will benefit from the trading environment at, including fast execution, deep liquidity, and the commission-based pricing environment with the active trader rebate program.

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Summary offers clients a competitive trading environment starting with three trading platforms, all of which support algorithmic trading solutions. The well-balanced asset selection ensures that beginner and professional traders alike have sufficient trading instruments, totaling more than 4,750. While the commission-free pricing environment is expensive, active traders have a superb commission-based alternative. A five-tier volume-based rebate program lowers costs between 4% and 15%, though it is not available on the MT4/MT5 trading platforms.

The four-member in-house research team publishes high-quality research and trading ideas throughout each trading session. Beginner traders will benefit from the well-structured educational section at Trading tools from Autochartist and Recognia, a Trading Central company, complement the core trading environment, ensuring traders maintain an edge in financial markets. only supports bank wires and credit/debit cards as deposit and withdrawal methods. Overall, remains one of the best overall multi-asset brokers for international traders who get access to the full range of products and services.

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User Reviews

Did you have a good experience with this broker? A bad one? Tell our team and traders worldwide about your experience in our User Reviews tab. Your email address will not be posted.

Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed.

5 User Reviews

I needed a US broker that trades with gold and silver. Happy I found you guys. Thanks!


News trading is unreal - crazy spread, requotes and slippage. Not once noticed price manipulation and frequent crashes terminal. All complaints, found the typical excuses that are technical points and fix everything soon. I am glad that even though the money was returned, though not without delay. If you want normal trading and earn money, and not just clicking buttons, look for reputable brokers or banks. 


I love to trade with OctaFX, as they have the best trading platform cTrader, where i am able to trade smoothly with all my trading orders executed instantly without any frustrating quotes happening, so even if i try trading in news like NFP it is successful and also my long term problem of needing to remember the session where i am trading is solved, as it is now written below on the platform which makes it great for me. So i would give them 10/10 marks!


We are expert reviewer of Forex brokers and it is urgent to say that is a good broker, opposite to most of the reviews found on the web. Every reader should be aware of the fact that most people are disappointed because of losing their money. But it is not the broker's fault; it is the traders who took wrong decisions. The biggest problem is that people are trading Forex without really taking care about risk warnings, that this is not suitable for everyone!


Large broker with a great platform, however, the spreads are INSANE. Great research tools and training videos are wonderful, but if you can't profit from trades because fees (spreads) are too high, what's the use?????

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