New Forex Brokers

New Forex brokers often offer rather attractive conditions to traders. Trying to beat their older competition they usually start with a lot of bonuses, contests and rebates. Many traders prefer to go with the new currency brokers, before they grow up enough clients to become unresponsive and slow on support. If you seek the list of the newest Forex brokers — the ones that only recently have started to offer their trading services online — you may stop your searches here. This list presents only those companies that launched their Forex websites in 2016 and 2017. You will find 13 brokers listed in the table below.

Forex Broker Min. Account Size Broker Rating Min. Position Size Payment Max. Leverage Serious Regulation Spread US
Liteforex (Europe) (ex-Mayzus) $100 5.5 0.01 1:1000
  • Platforms
    • MetaTrader 4
    • Currenex Classic
    • Currenex Viking
  • Countries
    CY
  • Regulation
    • CySEC, 093/08
Whaleclub $1 - 0.01 1:100
  • Platforms
    • Whaleclub Web Platform
  • Countries
    HK
  • Regulation
FCI Markets $1 - 0.01 1:100
  • Platforms
    • MetaTrader 4
    • Currenex Classic
    • NetStation
  • Countries
    GB
  • Regulation
    • FCA (UK), 616985
Xtrade $100 - 0.01 1:400
  • Platforms
    • XTrade Platform
  • Countries
    CY
  • Regulation
    • ASIC, 342628
    • CySEC, 108/10
    • IFSC (Belize), IFSC/60/383/TS/15
    • NAFD (Russia), A
TempleFX $50 - 0.01 1:400
  • Platforms
    • MetaTrader 4
  • Countries
    GB
  • Regulation
    • FCA (UK), FRN 447281
Trade Fintech $250 9.1 0.01 1:200
ECN PRIME $100 - 0.01 1:400
FX Giants $500 - 0.01 1:500
TegasFX $200 - 0.01 1:200
STO $20 - 0.01 1:500
Turnkey Forex $5 - 0.01 1:200
NTFX $30 - 0.01 1:500
TryMarkets $500 - 0.01 1:500

Traders often shun freshly created brokerage companies. But even trading with a new broker can be justified:

  • You wish to benefit from various promotions and bonus offers that are common on new brokers' launch.
  • You want to enjoy a very responsive customer support service as there will not be to many traders to keep it busy.
  • Their trading servers may also be much more responsive than the overloaded servers of the old and established brokers.
  • If you plan to deposit a huge amount of money, you can try dictating your own conditions to a new broker, which will do its best to keep big clients.