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Forex Brokers Update — March 28th, 2015

March 28, 2015 by

Two new unregulated brokers have been added to the list on EarnForex.com today. Although I am not a big fan of Forex regulation myself, none of the new websites look particularly trustworthy, so proceed with great care. The third broker has a sort of regulation, but it is not something entirely different from the other two.

WesternFX — an offshore broker with MT4 trading platform and accounts starting from as little as $50, while the leverage can be maxed out to 1:500. A variety of non-Forex trading instruments is also available for trading.

WesternFX

5Stars Forex — a Spanish broker without European regulation. Unsurprisingly, it offers MetaTrader 4 as the only demo and live trading software. Its minimum account size is $500, while the maximum leverage is 1:300 for currency pairs and 1:100 for other trading instruments.

5Stars Forex

AC Forex — a company based in Saint Vincent and the Grenadines and regulated by their FSA. It offers the usual MetaTrader 4 platform, massive leverage on Forex products (up to 1:500) and only $25 minimum to begin trading.

AC Forex

Some brokers’ listings have been updated during the week:

  • AlumFX is temporary out of business as it is no longer accepting new customers.
  • FxPro launched MT5 live accounts.
  • Vinson Financials lowered the minimum account size to $200. Removed some obsolete account types.

    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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