Forex Brokers Update — December 14th, 2014

We have added one new broker to the list this week:
MXTrade — a CySEC regulated broker with $1,000 minimum account size and MetaTrader 4 platform (including web, Android and iOS versions). Currency trading leverage is maxed at 1:400.
Other changes to the Forex brokers include:

  • FBS added CFD and futures trading on its Standard accounts; gold and silver trading on its Cent accounts.
  • RFXT now has an office in Australia and is regulated by ASIC. Added Western Union to deposit methods. Introduced demo account limit of 30 days. No longer offers customer support in Chinese language. Also, no longer requires sending paper documents via mail to open an account. The broker has completely revamped its account system, reducing spreads and minimum position sizes.
  • NordFX introduced new account type — 1:1000. As is clear from its name, the account can be used to benefit from a rather high leverage. It only works for account size lower than $10,000.
  • AAAFx launched a Bulgarian website.
  • FXGM added a Polish website; removed the German and Greek ones.
  • PCM Brokers opened offices in Canada, United Kingdom, and Mauritius. Dropped its Persian language website.
  • bforex added Hindi and Turkish versions of its website.

  • If you have any questions or comments regarding any of the latest Forex brokers updates, please feel free to reply using the form below.

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