Forex Blog

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


Forex Brokers Update — January 3rd, 2021

January 3, 2021 by

The past two weeks have seen us updating the following brokers’ listings on

LiteForex now shows EU and non-EU account types separately.

Interactive Brokers is now regulated by the Central Bank of Ireland via its Interactive Brokers Ireland Limited subsidiary.

ActivTrades now has an office in Luxembourg.

Forex24 removed its Classic account type.

Fort Financial Services increased the minimum account size from $1 to $5, increased margin call and stop-out levels for Newbie accounts.

FreshForex, FX Choice, and FXB Trading added AdvCash to their payment options.

FXCL now accepts payments also via Dragonpay.

FXDD revamped its account type system, leaving only Mini and Standard accounts and adding MetaTrader 5 platform support.

FXFlat removed FlatTrader platform and added Trader Workstation instead.

FXGate added support for Bitcoin deposits and withdrawals. Removed ZuluTrade accounts. Spreads have been lowered significantly across all account types.

FXGM now provides personal managers. The broker no longer supports MT4 trading platform.

FxGrow ditched MT4 and NetStation platforms; introduced MT5 platform. Lowered commission for ECN Plus accounts.

FXOptimax stopped working with Neteller and Skrill. Revamped its account system, leaving just one account type — FXOptimax Precision — lowering the spreads there and removing all trading platforms except for MT4.

FxView added giropay payment method and increased the maximum leverage for currency pairs from 1:400 to 1:500.

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

Leave a Reply

required (will not be published)