Forex Blog

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Forex Brokers Update — January 19th, 2020

January 19, 2020 by

We had one new addition this week to the list of brokers — the first company added to our website this year:

Purple Trading — a regulated Forex broker based in Cyprus. It offers cTrader and MetaTrader 4 platforms and focuses on providing its traders with multiple proprietary analytical tools. This broker’s minimum account size is $100.

Purple Trading

Some other brokers have been updated during the week:

  • UBFX reduced the minimum size for its Raw Spreads accounts from $50,000 to $20,000.
  • TurboForex ditched its Mini-Fixed and Standard-Fixed account types in favor of a single Fixed account type with $1,000 minimum and fixed spreads.
  • Trust Capital now accepts deposits via Western Union.
  • TriumphFX slightly adjusted its typical spreads in Standard accounts.
  • Tradeo opened an office in South Africa. The broker is now operated by Tample Capital (Pty) Ltd regulated by the FSCA of South Africa instead of UR Trade Fix Ltd, which was regulated by CySEC.
  • Windsor Brokers stopped accepting CashU and Ukash as payment methods. The company also revamped its account system significantly.
  • STO has been delisted as the broker is no longer operating.

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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