Forex Blog

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


Forex Brokers Update — March 30th, 2013

March 30, 2013 by

Like the week before, only one broker has been added to the list:

UMOFX — an unregulated company from New Zealand. They offer MT4 accounts starting with $1 and with leverage capped at 1:500. They allow trading in Forex, CFD and precious metals. UMOFX accepts many different payment options.


Three other brokers have been updated during the week:

  • EXNESS no longer offers trading in CFD.
  • FXOpen is now regulated by FSA.
  • Ajax Financial is now regulated by the Ombudsman for Banking Services and Investments — an independent Canadian organization for solving disputes in the industry. Demo accounts become less restrictive. Website is now available also in Chinese, French, Russian and Spanish. Free VPS is offered to traders. Minimum account size for ECN is down from $2,500 to $500; commission there was decreased from $8 to $2 per standard lot. The number of currency pairs is up from 23 to 34.

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required (will not be published)