Forex Blog

Three new Forex companies became listed on EarnForex.com during last two weeks. Additionally, there were some updates to the existing brokers. But first, let me introduce the new ones:

1. ICM Capital

2. FXSystems.com

3. Nefteprombank

ICM Capital is UK-based regulated company offering trading services in Forex, gold, oil, metals and some commodities via MetaTrader 4 platform. The broker offers average spreads and allows account opening from $500 or equivalent in GBP, EUR or AED:

FXSystems.com is an offshore company (St. Kitts and Nevis) established in 2006. They provide attractive but not very accessible trading conditions with $25,000 minimum account size, no mini-Forex trading and a typical spread of 0.4 pip on EUR/USD. The commission for trading is $4/lot as it is an ECN broker:

Nefteprombank is one of the oldest Russian banks. It is also offering retail Forex trading services now. The company offers MetaTrader 4 and its own NPB Trader platform. The spreads are fixed and are rather high (3 pips on EUR/USD). Mini-Forex is allowed:

Updates of the existing brokers included:

• SaxoBank opened an office in Cyprus.
• Admiral Markets is now offering CFDs.
• Marketiva is now to be known as AGEA.

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