Forex Brokers Update — May 9th, 2015

Two new companies were added to the list of brokers on our website this week:
10Markets — an unregulated European broker with an offer of mini, standard, ECN, and “tailor-made” accounts. The minimum deposit is just $200. The trading is done via MT4.
PhillipCapital UK — an FCA-regulated company from the United Kingdom. It offers MetaTrader 4 Forex, CFD, gold/silver, and oil trading starting with $10,000. The maximum leverage is 1:200 for all trading instruments.
PhillipCapital UK
Three of the already listed brokers have been updated:

  • Orbex now accepts deposits in Polish zloty. Added Bengali, German, Urdu, Arabic, and Spanish website versions. Its customer support service now also speaks Greek, Polish, French, Hungarian, and Turkish. The minimum account size was raised from $100 to $500. Scalping is now allowed across all account types.
  • Tradingbanks opened office in Malta; closed its offices in Hong Kong and British Virgin Islands. Now offers interest rate on account funds and provides personal managers to live traders. The website is now available in Japanese and Turkish. The traders’ support now understands Italian, Russian, Arabic, French, Spanish, and Turkish. Free VPS is now provided for deposits starting from $20,000 (quite a lot for a service with an average price of $20/month.) The broker no longer requires sending any identification or verification documents via postal mail and no longer offers Islamic trading accounts. New account system instead of one Regular account: Standard, Silver, Gold, and Platinum account types — each with better spreads, lower leverage, and higher minimum account size.
  • MXTrade lowered minimum account size from $1,000 to $250.

  • 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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