Forex Blog

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Forex Brokers Update — May 31st, 2014

May 31, 2014 by

One new broker has been added to the list of companies on EarnForex this week:

Direct FX — a regulated Australian company three trading platforms: MT4, CQG and Tradable. Their floating spreads are pretty average. Leverage is limited at 1:400. Standard account can be opened with $200.

Direct FX

Other brokers have been updated during the week:

  • EXNESS is no longer regulated in New Zealand.
  • Alpari introduced several new currency pairs: USD/CNH, USD/ILS, EUR/ILS, GBP/TRY, EUR/ZAR and EUR/RUB.
  • FxGlory opened an office in Bulgaria; closed one in Dubai and is no longer regulated there. Now accepts debit/credit cards, Perfect money, Neteller, OKPAY, Payza and wire transfer. No longer offers trading contests and interest rate on accounts. Provides support in Armenian; no longer provides it in Arabic, German, Indonesian, Italian and Malay. Free VPS is now available for accounts with at least $500 (instead of $1,000). ECN account added.
  • Traders Trust now supports some new payment systems: Fasapay, CashU, SOFORT, Bitcoin and EgoPay. No longer offers Swiss franc accounts. Phone trading and bonuses are no longer available. Demo accounts are now limited by 2 weeks. Website is now also available in Malay, German, French, Greek, Turkish and Hungarian. Started offering Muslim-friendly accounts and affiliate program. Removed ECN/STP account type and added a new one — Standard.
  • RoboForex changed its ECN-Fix NDD account type from fixed spread to variable. Added commission of $2 per standard lot traded.
  • Tradenext offers demo accounts for FlexStation and Tradable platforms. Leverage in Micro accounts is now capped at 1:300. Added new account types: Standard and Premium. No longer supports Skrill payment system.

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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