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Forex Brokers Update — June 21st, 2014

June 21, 2014 by

Two new companies have made it to the lists of this week:

FXtradeweb — a MetaTrader 4 Forex broker aimed on high-networth traders (the minimum is $10,000). It is based in Finland and Estonia. ECN accounts are also available. The leverage is rather high — maximum is 1:500 even for ECN.


VitalMarkets — a regulated New Zealand company with MetaTrader 4 platform and accounts aimed at both newbie traders and big-account professionals. Mini accounts offer moderate spreads and 1:400 leverage, while the Pro accounts start at $20,000 and offer very low spreads (paired with commission) and highest leverage of 1:200.


Some of the listed brokers have been updated during the same time:

  • OctaFX now supports deposits via Neteller, FasaPay and UnionPay. Dropped support for Perfect Money.
  • PFD no longer offers trading in options. Added Chinese website and support language. Added support in Vietnamese too. Scalping is now allowed on all accounts.
  • TenkoFX lowered minimum account size for Standard MT4 from $100 to $10 and from $500 to $100 for ECN MT4. Added QIWI, Yandex.Money, CashU, Skrill and UnionPay payment methods in place of PayPal. Added website and support in Indonesian.
  • uTrader increased minimum account size from $100 to $200 and added QIWI as a payment option.
  • added Perfect Money and EgoPay instead of OKPAY, Payza and Skrill.
  • Abshire-Smith now supports payments via Skrill, CashU and Neteller.
  • Axiory added support for credit and debit card deposits.

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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