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New Forex Brokers

New Forex brokers often offer rather attractive conditions to traders. Trying to beat their older competition they usually start with a lot of bonuses, contests and rebates. Many traders prefer to go with the new currency brokers, before they grow up enough clients to become unresponsive and slow on support. If you seek the list of the newest Forex brokers — the ones that only recently have started to offer their trading services online — you may stop your searches here. This list presents only those companies that launched their Forex websites in 2012 and 2013. You will find 19 brokers listed in the table below.

Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Regulation Spread US
MahiFX $1 - 0.00001    1:50   
Platforms
  • MahiFX
Regulation
  • ASIC, 152-535-085
Countries GB NZ 
XEMarkets (ex-Trading Point) $5 3.3 0.0001        1:888   
Platforms
  • MetaTrader 4
  • MirrorTrader
Regulation
  • BaFin
  • CNMV (Spain)
  • CySEC
  • FSA (UK), 538324
Countries CY 
Forex Broker Inc. $5 9.4 0.001    1:500   
Platforms
  • MetaTrader 4
  • WebTrader
  • MobileTrader
Countries BZ MT 
Infin Markets $1 - 0.001   1:400   
Platforms
  • NetTradeX
Regulation
  • CySEC, 147/11
Countries CY 
FxGlory $1 8.2 0.01         1:3000   
Platforms
  • MetaTrader 4
Regulation
  • Department of Economic Development (Dubai), 662938
Countries AE GE 
Tradenext $500 10 0.01     1:500   
SkyFx $500 - 0.01    1:300   
FXVV $10 8.5 0.01       1:2000   
TradingForex.com $200 - 0.01       1:200   
BeamFX $200 - 0.01    1:50   
RobustFX $100 - 0.01     1:500   
FxNet $5 8.5 0.01       1:500   
GAINSY $10 10 0.01        1:500   
Capital One Forex $25 - 0.01       1:500   
Tallinex $100 - 0.01     1:400   
Sensus Capital $2,500 - 0.01      1:200   
TradeNovaFX $5,000 - 0.1   1:100   
FXOpen AU $200 - 0.1    1:500   
MFC Investment $1,000 - 0.1     1:200   

Traders often shun freshly created brokerage companies. But even trading with a new broker can be justified:

  • You wish to benefit from various promotions and bonus offers that are common on new brokers' launch.
  • You want to enjoy a very responsive customer support service as there will not be to many traders to keep it busy.
  • Their trading servers may also be much more responsive than the overloaded servers of the old and established brokers.
  • If you plan to deposit a huge amount of money, you can try dictating your own conditions to a new broker, which will do its best to keep big clients.


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