Forex Blog

First-hand Forex trading experience and information about foreign exchange market that will be useful to traders


5 New Forex Brokers

April 15, 2012 by

It’s been a few month since I’ve last added new brokers to Been busy implementing the new Forex broker listing system. Today, 5 new companies were listed on the website: comes from the same guys as 1pipfix, 2pipfixed and 4RunnerForex. Notice the funky naming trait here ;-). As usually, they offer MetaTrader 4 platform with rather attractive low minimums and high leverages. And, of course, no regulation whatsoever. Trading instruments offered are Forex, CFDs, gold, silver, indexes and futures.

Abshire-Smith is a new but reputable UK-based Forex company that is dealing in multiple markets (including metals, energies and other commodities). You will be able to open a trading account with $500 and enjoy very low variable spreads. Platforms offered are MT4 and VertexFX.


Bestec NFX (apart from having a tricky name) is an accessible ECN Forex broker based and regulated thoroughly in New Zealand. They require a minimum of $100 to open an STP account and $500 for an ECN account. MetaTrader 4 is available in all account types. For ECN trading, Integral PowerTrader is also offered.

Bestec NFX

uTrader is not a usual Forex trading broker, it’s a binary options broker. It’s an unregulated Russian company that offers binary trading for currencies, metals, oil, stocks, indexes and agriculture commodities through SpotOption platform. Commission is rather high. You gain about 70% per winning option and get only up to 10% back for a lost one.


TradeNovaFX is a heavyweight Finnish Forex broker with the smallest account size at $5,000 and only 1:100 leverage maximum. With TradeNovaFX, you’ll be able to trade currencies, gold and silver. The spreads are very low though — 0.6 pip typical on EUR/USD.


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

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