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Forex Brokers Update — May 17th, 2015

May 17, 2015 (Last updated on June 7, 2015) by

No new companies have been listed on EarnForex.com this week but quite a few brokers have been updated:

EXNESS added a cent account type.

LiteForex removed old LITE, REAL, NDD, STP, and SGD account types. Added Cent accounts with $10 minimum.

Forex Time reduced stop-out level for ECN accounts from 60% to 50%.

Advanced Markets now offers trading in CFD, gold & silver, and oil.

PhillipCapital UK allows traders to use FIX API. Reduced the minimum account size from $10,000 to $1,500. The maximum leverage for gold, silver, oil and other CFDs decreased from 1:200 to 1:50.

DF Markets no longer limits demo accounts. Minimum spread for EUR/USD up from 0.1 to 0.8 pip. Trading with expert advisors is no longer allowed.

LCG increased the typical EUR/USD spread from 0.4 to 0.6 pip. Added spread betting.

FX|Clearing restored its website as a new broker — FXCL. It now offers cent and ECN accounts starting from $1.

IronFX no longer accepts payments via Yandex.Money and OKPAY. Now accepts deposits in Australian dollar, Japanese yen, Swiss franc, Polish zloty, Russian ruble, Czech koruna, and Hungarian forint. No longer offers trading contests. Added WebTrader demo accounts and also introduced demo account restrictions. Added VIP conditions for big traders. Account system has been revised completely: STP/ECN, Zero Fixed Spread, Live Floating Spread, and Live Fixed Spread.

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

2 Responses to “Forex Brokers Update — May 17th, 2015”

  1. Oluwaseyi E Makinwa

    I want to know about forex trade

    Reply

    Andriy Moraru Reply:

    You can start by reading our beginners section:
    https://www.earnforex.com/forex-for-dummies

    Reply

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