Forex Firms Information Table

Broker/FDMRegulated byLeverage
 
Pip Spread on Majors
 
Mini Account Size
 
Regular Account Size
 
Links
MF Global UK Limited
FSAuthority40:10-3 pips$25,000
GFT
NFA*, FSAuthority, CFTC, ASIC, FSAgencyUp to 400:1 *As low as 1 pip$250$2,500
MIG INVESTMENTS SAARIF, SFDF200:11-3 pips$2,000$2,000
FXA Securities Ltd ( MF Global Group)FFAJ, JIPF, JSDAMaximum 100:1As low as 2 pips$500
CMC Markets PlcNFA*, FSAuthority, ASIC, BAFIN, OSC100:12-3 pip$2,000$2,000
GFS Forex & FuturesNFA*, CFTC, DFSA200:13-5 pip$500$5,000
Alpari (UK) LimitedFSAuthorityUp to 100:1*From 2 pips$200$200
NordMarkets.comSFSA50:1As low as 1 pip$1,000$5,000
FOREX.com
NFA*, CFTC100:1 and 200:11-2 pip$250$2,500
Crown Forex SAARIF, SFDF200:11 pip$300$1,000
Interbank FX, LLC
NFA*, CFTC200:12-3 pip$250$2,500
IG MarketsNFA*, FSAuthority, CFTC, ASIC, MASUp to 700:1*Fixed 2pipNo Minimum to OpenNo Minimum to open
FXDDN/A100:1 and 200:12-3 pip$500$5,000
Forex Capital Markets, LLC (FXCM)
NFA*, FSAuthority, CFTC, BCSC, SFC200:1*As low as 1 pip$300$2,000
Forex Club Financial CompanyNFA*, CFTC100:1* (in a base currency)0 (ExpressFX); 3-5 pips (ClassicFX)$10$10
Tradeview Forex a Division of Rosenthal Collins Group, LLCNFA*, CFTC100:1From 2 pips$2.500$5.000
Interactive Brokers LLCFSAuthority, CFTC, SEC, FINRA, IDA, NYSE, SFC50:1Euro/USD, USD/Yen GBP/USD as low as ½ pip.$10,000
MG Financial Group
NFA*, CFTCUp to 100:13-5 pip$500*$500*
GFX Group SAN/A200:12-3 pip$2,000$2,000
Deutsche BankFSAuthorityMaximum 100:12-4$5,000
ACM Advanced Currency Markets SA
SFDF100:1As low as 1 pip$2,000$5,000
Advanced MarketsNFA*, CFTC100:1as low as 2 pips, typically 3 to 4 on majors$500$5000
Alpari (US), LLCNFA*, CFTCUp to 100:1*From 2 pipsNo limit$1000
Ikon GM - Royal DivisionNFA*, CFTC100:1As low as 0-1 pip, typically 2-3 pips$1000$3000
ODL Securities IncNFA*, FSAuthority, CFTC, FSAgency100:1From 2 pips$2,000$2,500
Saxo Bank A/SDFSA100:12-3 pip$2,000$10,000
Hotspot FXNFA*, FSAuthority, CFTC50:10-3 pips$7,500
Capital Market Services, L.L.C.NFA*, CFTC400:13-4 pip$200$200
* U.S. FCMs regulated by the NFA are compensated through the bid/ask spread as well as activities as a currency dealer. In the US, FDM is the short name of Forex Dealer Member as indicated by the new regulation approved by the NFA in December, 2007.

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risk disclosure

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work with as well as against you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor should you have any doubts.


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Forex Capital Markets, LLC (FXCM)
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FOREX.com
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GFX Group SA
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NordMarkets.com
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Deutsche Bank
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Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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