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Forex Brokers Update — April 19th, 2014

April 19, 2014 by

Quite a few updates concerning minimum account sizes for several Forex brokers this week:

LQD Markets removes all ECN account types except Liquid Prime+ECN.

IBFX lowers the minimum account size to $1.

Mayzus lowers the minimum account size for Currenex (ECN) accounts to $5,000.

AGEA lowers minimum for MT4 STP accounts to $1,000.

AForex removes Direct account type. Lowers the minimum for Classic to $1. Introduces interest on funds.

AvaTrade increases the minimum account size from $1 to $100.

FXOpen reduces the minimum for ECN/STP accounts to $100.

RoboForex sets the universal minimum account size for all of its account types — $1.

FxCompany completely revamped account system. Now there three of them: Fix, Pro and ECN. With $10, $100 and $1,000 minimums.

Goldboro added offices in UK and Cyprus.Now accepts deposits in euro. No longer accepts CashU, Contact, Liqpay, Paypal, Payza, QIWI, RBK Money and Yandex.Money for deposits. No longer offers PAMM, phone trading, a personal manager, VPS and free education. Demo accounts are now limited by 30 days. Signigicantly lowers spreads and commissions across all of its account types and introduces a new one — Expert ($10,000 minimum, ultra low spread and low commission).

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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