Institutional Forex Brokers
A list of on-line institutional Forex brokers which are
backed by solid and respected off-line companies — such as banks or financial
institutions. Usually such Forex brokers are highly regulated and very reliable.
Sort by: Order | Minimum Account | Traders' Rating | Name
FXCM
Company: Forex Capital Markets
On-line since: 1999
Regulation: Registered with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA).
Payment options: On-line checks, bank wire, paper checks and credit cards
Minimum account size: $300
Minimum lot size: 0.1 lot
Leverage: 1:100 and 1:200
Spreads: 2-3 pips on EUR/USD
Rating: 7.4/10 with 5 votes
Rate
Reviews: Read or write a review of FXCM broker
Categories: Metatrader Forex brokers , Forex brokers with advanced platform , Institutional Forex brokers
Advantages:
MetaTrader 4 software support
Unique trading software
Great user support
Training courses available
Access to DailyFX.com
Disadvantages:
No important disadvantages
Click here to open an account with FXCM
Saxo Bank
Advantages:
Unique trading software
Very solid company
Disadvantages:
Very high margin requirements
Opening an account is a complicated process
Click here to open an account with Saxo Bank
GFT Forex
Company: Global Futures & Forex, Ltd.
On-line since: 2001
Regulation: Registered with the Commodity Futures Trading Commission, is also a member of the Australian Securities and Investments Commission (ASIC), an independent Australian government body that regulates financial markets, securities, futures and corporations since January 1991.
Payment options: Credit cards, eCheck, PayPal , bank wire and paper checks
Minimum account size: $250
Minimum lot size: 0.1 lot
Leverage: from 1:100 to 1:400
Spreads: Variable (3 pips average) on EUR/USD
Rating: Unrated
Rate
Reviews: Read or write a review of GFT Forex broker
Categories: PayPal Forex brokers , Forex brokers with advanced platform , Institutional Forex brokers
Advantages:
Unique trading software
Ability to trade with really huge amounts of money
Free Forex training
More than 60 currency pairs
Leverage up to 1:400
Disadvantages:
Variable spreads can be quite high
Opening an account is a complicated process
Click here to open an account with GFT Forex
Forex.com
Company: GAIN Capital Group
On-line since: 1998
Regulation: Registered Futures Commission Merchant (NFA ID #0339826).
Payment options: Bank wire
Minimum account size: $250
Minimum lot size: 0.1 lot
Leverage: from 1:100 to 1:200
Spreads: 2 pips on EUR/USD
Rating: 8.0/10 with 3 votes
Rate
Reviews: Read or write a review of Forex.com broker
Categories: Forex brokers with web platform , Institutional Forex brokers
Advantages:
Web based trading platform available
Free news stream and real-time alerts
Disadvantages:
No MetaTrader4 software support
Opening an account is a complicated process
Some countries and states are not allowed to open accounts
Click here to open an account with Forex.com
ACM
Company: ACM Advanced currency markets SA
On-line since: 2003
Regulation: Directly regulated by the Swiss Federal Department of Finance (FDF).
Payment options: Bank wire
Minimum account size: $2,000
Minimum lot size: 1 lot
Leverage: 1:100
Spreads: 3 pips on EUR/USD
Rating: 6.5/10 with 2 votes
Rate
Reviews: Read or write a review of ACM broker
Categories: Forex brokers with web platform , Institutional Forex brokers
Advantages:
Java-based and Flash-based trading platforms
Integrated live news feed
Regulated by Swiss Federal Department of Finance
Disadvantages:
No MetaTrader4 software support
Opening account is a complicated process
Browser based platform
No mini Forex accounts
Click here to open an account with ACM
Deutsche Bank FOREX
Company: Deutsche Bank AG
On-line since: 2006
Regulation: Authorised under German Banking Law (competent authority: BaFin - Federal Financial Supervising Authority) and with respect to UK commodity derivatives business by the Financial Services Authority; regulated by the Financial Services Authority for the conduct of UK business, a member of The London Stock Exchange and is a stock corporation incorporated in the Federal Republic of Germany HRB No. 30 000 District Court of Frankfurt am Main; Branch Registration No. in England and Wales BR000005, Registered address: Winchester House, 1 Great Winchester Street London EC2N 2DB.
Payment options: Bank wire
Minimum account size: $5,000
Minimum lot size: 1 lot
Leverage: 1:100
Spreads: 3 pips on EUR/USD
Rating: 10/10 with 1 vote
Rate
Reviews: Read or write a review of Deutsche Bank FOREX broker
Categories: Forex brokers with advanced platform , Institutional Forex brokers
Advantages:
Unique trading software
Great user support
Operated by one of the most trusted world banks
Disadvantages:
No MetaTrader4 software support
Opening an account is a complicated process
No mini Forex accounts
Click here to open an account with Deutsche Bank FOREX
CMS Forex
Company: Capital Market Services, LLC
On-line since: 1999
Regulation: Registered Futures Commission Merchant (FCM) and a Forex Dealer Member (FDM) of the National Futures Association (NFA) (Member ID: 0313199), registered with the Commodity Futures Trading Commission (CFTC) of U.S. and the Financial Services Agency (FSA) of Japan.
Payment options: Bank wire, BPS, credit cards, PayPal, on-line check and paper checks
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: from 1:40 to 1:400
Spreads: 3 pips on EUR/USD
Rating: Unrated
Rate
Reviews: Read or write a review of CMS Forex broker
Categories: PayPal Forex brokers , Institutional Forex brokers
Advantages:
Disadvantages:
No MetaTrader4 software support
Click here to open an account with CMS Forex
Interactive Brokers
Company: Interactive Brokers Group, LLC
On-line since: 1998
Regulation: Regulated by the SEC, NASD, NYSE, SFA and other regulatory agencies around the world.
Payment options: Bank wire, checks and on-line check
Minimum account size: $5,000
Minimum lot size: 1 lot
Leverage: from 1:20 to 1:50
Spreads: ECN broker - 1 pip (or lower) on EUR/USD
Rating: 9.5/10 with 2 votes
Rate
Reviews: Read or write a review of Interactive Brokers broker
Categories: Forex brokers with web platform , ECN Forex brokers , Forex brokers with advanced platform , Institutional Forex brokers , Forex brokers with CFD trading
Advantages:
ECN Forex broker - low spreads, perfect market conditions
Repuatable company
Universal account for Forex, Stock, Futures and Options trading
Disadvantages:
No MetaTrader4 software support
No demo account
No mini Forex accounts
Click here to open an account with Interactive Brokers
MB Trading
Company: MB Trading Futures, Inc. (MBTF) and 3DForex, LLC
On-line since: 2002
Regulation: Commodity Futures Trading Commission (CFTC) registered Futures Commission Merchant (FCM) and a member of National Futures Association (NFA).
Payment options: Bank wire
Minimum account size: $400
Minimum lot size: 0.1 lot
Leverage: 1:100
Spreads: ECN broker - 0.5 pips average on EUR/USD
Rating: 6.3/10 with 3 votes
Rate
Reviews: Read or write a review of MB Trading broker
Categories: ECN Forex brokers , Institutional Forex brokers
Advantages:
ECN Forex broker
Low, floating spreads
Supports trading over the phone
Disadvantages:
Commissions for trading
No MetaTrader 4 software support
Opening an account is a complicated process
Residents of some countries can't open account
Click here to open an account with MB Trading
ECN broker
Company: DTSecurities.at GmbH, Austria
On-line since: 2004
Regulation: Member of NFA and registered with CFTC.
Payment options: Bank wire
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: up to 1:400
Spreads: 3 pips on EUR/USD
Rating: Unrated
Rate
Reviews: Read or write a review of ECN broker broker
Categories: Institutional Forex brokers
Advantages:
Regulated broker with low minimum account ($200) and high leverage (1:400)
Additional trading services (stocks and futures)
Disadvantages:
No Metatrader 4 software support
Click here to open an account with ECN broker
Dukascopy
Advantages:
ECN Forex broker
Low spreads
A respected Forex company
Advanced trading platform
Disadvantages:
No mini Forex account
Opening an account is a complicated process
Very high minimum account size
Click here to open an account with Dukascopy
RCG fxtrader
Company: Rosenthal Collins Group
On-line since: 2004
Regulation: Registered member of CFTC and NFA.
Payment options: Wire transfer
Minimum account size: $5,000
Minimum lot size: 1 lot
Leverage: 1:100
Spreads: 2-3 pips on EUR/USD
Rating: Unrated
Rate
Reviews: Read or write a review of RCG fxtrader broker
Categories: Institutional Forex brokers
Advantages:
Very respectable company
Futures trading is available
Disadvantages:
No Metatrader 4 software support
Opening an account is a complicated process
No mini Forex accounts
Click here to open an account with RCG fxtrader
MF Global
Company: MF Global UK Limited
On-line since: 2002
Regulation: Regulated by the Commodity Futures Trading Commission (CFTC), the National Futures Association (NFA) and the Securities and Exchange Commission (SEC).
Payment options: Wire transfer
Minimum account size: $10,000
Minimum lot size: 1 lot
Leverage: 1:40 (1:10 for CFD)
Spreads: 3 pips on EUR/USD
Rating: Unrated
Rate
Reviews: Read or write a review of MF Global broker
Categories: Institutional Forex brokers , Forex brokers with CFD trading
Advantages:
Solid financial company
Futures and options trading is available
Disadvantages:
No Metatrader 4 software support
Opening an account is a complicated process
Low leverage - 1:40
No mini Forex accounts
Click here to open an account with MF Global
IG Markets
Advantages:
Solid financial company
Web based trading platform
CFD and metals trading is available
Disadvantages:
No Metatrader 4 software support
Low leverage - 1:50
Click here to open an account with IG Markets
IFX Markets
Company: IFX Markets, Inc.
On-line since: 2002
Regulation: Registered with CFTC and a member of NFA (ID:0327627).
Payment options: Wire transfer and checks
Minimum account size: $500
Minimum lot size: 0.1 lot
Leverage: up to 1:100
Spreads: 2 pips on EUR/USD
Rating: Unrated
Rate
Reviews: Read or write a review of IFX Markets broker
Categories: Institutional Forex brokers
Advantages:
Solid financial company
Forex trading contests
Disadvantages:
No Metatrader 4 software support
Trading fees ($1.25 per 10,000 lot traded)
Click here to open an account with IFX Markets
Synthesis Bank
Company: Synthesis Bank
On-line since: 2004
Regulation: Banking status by the Swiss Federal Bank Commission.
Payment options: Bank wire and Swiss post office
Minimum account size: $10,000
Minimum lot size: 1 lot
Leverage: 1:100
Spreads: 2 pips on EUR/USD
Rating: Unrated
Rate
Reviews: Read or write a review of Synthesis Bank broker
Categories: Institutional Forex brokers , Forex brokers with CFD trading
Advantages:
Swiss registered bank
Futures, stocks and bonds trading available
Disadvantages:
No Metatrader 4 software support
No mini Forex accounts
Limited demo account (20 days)
Click here to open an account with Synthesis Bank
ABN AMRO marketindex
Advantages:
Reputable banking institution
Advanced custom trading platform
Stocks, indexes, CFD and commodities markets
Interest rate on the account funds
Java based trading platform
Disadvantages:
Only Java based platform available
Only residents of United Kingdowm, Germany, Austria and Switzerland can join
Click here to open an account with ABN AMRO marketindex
CitiFX
Company: Citigroup
On-line since: 2008
Regulation: Citi is one of the largest banks in U.S.
Payment options: Wire transfer
Minimum account size: $10,000
Minimum lot size: 1 lot
Leverage: 1:50 or 1:25
Spreads: 2 pips on EUR/USD
Rating: Unrated
Rate
Reviews: Read or write a review of CitiFX broker
Categories: Forex brokers with advanced platform , Institutional Forex brokers
Advantages:
Serious banking institution
Advanced trading platform
Disadvantages:
No mini Forex accounts
Opening an account is a complicated process
Click here to open an account with CitiFX
VarengoldBankFX
Advantages:
Serious banking institution
MetaTrader 4 trading platform
Disadvantages:
Higher than normal minimum position size
Opening a trading account is a complicated process
Click here to open an account with VarengoldBankFX
