Saxo Bank

Saxo Bank

Saxo Bank is a Danish bank, offering Forex, CFD, futures and ETF trading for twenty years.

Let’s start with the best part – if a Danish bank (including Saxo Bank) go broke and suspend its payments, your deposit is guaranteed by the Guarantee Fund for Depositors and Investors up to EUR 100,000. There are only three more banks, offering online forex trading – MIG Bank, Dukascopy and Swissquote.

Saxo Bank used to require $10 000 minimum initial deposit. It’s a lot of money, especially for a forex newbie. The good news is that at the current moments you don’t need to invest a small fortune in order to start trading with Saxo Bank. You can open a Classic account, deposit as little as $10 with your credit card and place you first trade immediately. However you still need $100,000 to open an Premium account with Saxo and half a million to enjoy a Platinum account and VIP service.

Saxo bank is one of the little left forex brokers that don’t offer MT4 platform. Their Saxo Trader is not bad, but it’s a kind of clumsy. Opening position is easy, but you’ll probably spend half an hour trying to find how to place a stop loss or take profit. In addition, MT4 charting package is much better, not to mention the algorithmic trading capabilities.

Saxo Bank Official Site

FXDD

FXDD Review

First thing that impresses on FXDD’s website is the wide variety of Forex trading platforms. Most of the online forex brokers offer a MT4 platform (the standard in forex trading) plus a web trading platform, allowing their clients to trade from any computer without installing software. FXDD offers 6 (six) forex platforms – MT4, Swordfish, MTXtreme, JForex, Power Trader and Mirror Trader. In addition you can follow forex signals from Zulutrade, the biggest forex signals hub in the world.

FXDD typical spread on EUR/USD is 2.2 pips, but during news releases it widens up. For instance, when the news about US Retail sales hit the wire on May 15 2012, FXDD widened the spread on EUR/USD up to 10 pips. In the same time FxPro spread on EUR/USD was 3 pips, Forex.com widen the spread up to 4 pips and FXCM – up to 5 pips.

If you a forex newbie, you will like FXDD’s learning center. It features Forex basics, FAQs, tutorials, webinars and trading courses.

FXDD Official Site

DCM Forex

DCM Forex Review

Direct Currency Markets Limited, aka DCM Forex, is an innovative forex broker, registered in Auckland, New Zealand and regulated as an independent NZ Financial Services Provider No. FSP218945. Seems that NZ’s liberal regulatory environment is becoming more and more attractive for forex brokers. ThinkForex, PFD NZ and FxPrimus are three more brokers, doing business from New Zealand.
DCM Forex offers an enhanced MT4 trading platform, equipped with One click dealing and Depth of market tools. Micro lot trading is available, allowing forex beginners to start trading with as little as $1,000 and keep the risk under control.
With DCM Forex you can leverage your funds up to 1:400, however we don’t recommend to do that. If you deposit $1,000 and open $400,000 ($1,000 x 400) position, your account can be wiped out in a blink of an eye. But if you really need high leverage, take a look at Trading Point, FxPro and Tadawul FX – they offer leverage of 1:500.
DCM forex accounts are accessible by all popular mobile devices, including iPhone, iPad, Android devices, Windows phones, Blackberry, etc.

DCM Forex Official Site

Name – THINK FOREX CAPITAL MARKETS LIMITED
Location/Headquarters – Auckland, New Zealand
Regulated by – FSP Regulated, Reg.Number – FSP52861
Founded
Business Model – ECN/STP
Platform Type – MetaTrader
Mobile Platform
Browser Platform – WebTrader
Forex Trader Since
Guaranteed stop losses
Typical Spread on Majors – Variable, from 0.1 pips
Typical spread on EUR/USD – Variable, from 0.1 pips
Maximum leverage – 100:1
Minimum deposit – $500
Minimum deal size – 10,000 units
Supported languages – English, Chinese
Payment methods – Bank Wire, Credit Card, Money Bookers, Alert Pay
Free Demo – Yes
Islamic account – No
Scalping – Yes
Automated Trading – English, Chinese
Platform Languages – English, Chinese
Live chat support – yes

ThinkForex Reviews
Think Forex Tutorials
Think Forex Videos
Think Forex – Comparison and Reviews
ThinkForex Official Page

Location/Headquarters – Sofia, Bulgaria
Regulated by – MiFID, FSC
Founded – 1998
Business Model – ECN,STP
Platform Type – Delta Trading,DeltaStock MT4
Mobile Platform – Delta Trading Mobile
Browser Platform – Delta Trading Web
Forex Trader Since – 1998
Guaranteed stop losses – No
Typical Spread on Majors – Variable
Typical spread on EUR/USD – 0.5 pips
Maximum leverage – 200:1
Minimum deposit – $100
Minimum deal size – 1000 units
Supported languages – Bulgarian, English, French, German, Romanian, Russian, Spanish
Payment methods – Moneybookers, Wire Transfer, Credit Card
Free Demo – Yes
Islamic account – No
Scalping – Allowed
Automated Trading – Yes
Platform Languages – Bulgarian, English, French, German, Romanian, Russian, Spanish
Live chat support – Yes

DeltaStock Forex Videos

DeltaStock Forex Tutorials

DeltaStock Review

DeltaStock – Review, Comparison and News

DeltaStock Official Site

Location/Headquarters – Utah, USA
Regulated by - NFA, FCM
Founded – 2001
Business Model – Straight-through to multiple liquidity providers
Platform Type – IBFX Meta Trader 4
Mobile Platform – NO
Browser Platform – NO
Forex Trader Since – 2001
Guaranteed stop losses – Yes
Typical Spread on Majors – 2 pips
Typical spread on EUR/USD – 2 pips
Maximum leverage – 50:1
Minimum deposit – No limits
Minimum deal size – No limits
Supported languages – Chinese, English, Japanese, Portuguese, Spanish
Payment methods – Wire Transfer, Check, Credit Card
Free Demo – Unlimited
Islamic account – No
Scalping – Allowed
Automated Trading – Yes
Platform Languages – More than 15
Live chat support – Yes

IBFX – Forex Videos

IBFX Forex Tutorials

IBFX Review and Resources

IBFX – Comparison, Special offers and News

IBFX – Official Site

Location/Headquarters – New Zealand
Regulated by – FRA
Founded – 1998
Business Model – ECN
Platform Type – Alpari MetaTrader 4
Mobile Platform – Alpari aTrader, Alpari bTrader, Alpari iTrader
Browser Platform – Currenex ECN
Forex Trader Since – 1998
Guaranteed stop losses – No
Typical Spread on Majors – 0.5 pips
Typical spread on EUR/USD – 0.5 pips
Maximum leverage – Variable
Minimum deposit – Variable
Minimum deal size – Variable
Supported languages – Chinese, English, Russian, Spanish
Payment methods – Web Money, Wire Transfer, Visa
Free Demo – One month
Islamic account – No
Scalping – No
Automated Trading – Yes
Platform Languages – More than 15
Live chat support – Yes

Alpari Forex Contests

Alpari Forex Videos

Alpari Forex Tutorials

Alpari Reviews

Alpari – Ratings, News and Special Forex Promotions

Alpari – Official Site

Location/Headquarters – Toronto, Canada
Regulated by – NFA, FCM
Founded – 2002
Business Model – Market Maker
Platform (Downloadable)Type – No
Mobile Platform – FXTrade
Browser Platform – FXTrade
Forex Trader Since – 2002
Guaranteed stop losses – No
Typical Spread on Majors – 0,9 pips
Typical spread on EUR/USD – 0,9 pips
Maximum leverage – 50:1
Minimum deposit – No mininum or maximum
Minimum deal size – No limits
Supported languages – English
Payment methods – PayPal, Wire Transfer, Check
Free Demo – Yes
Islamic account – No
Scalping – Yes
Automated Trading – No
Platform Languages – Chinese, English, German, Japanese, Spanish
Live chat support – Yes

Oanda – Forex Videos

OANDA – Forex Reviews

OANDA – Forex Tutorials

OANDA – Reviews, News and Promotions

OANDA – Official Site

Location/Headquarters – London, UK
Regulated by – FSA
Founded – 1977
Business Model – Market Maker
Platform Type – HY Markets Metatrader 4 (MT4)
Mobile Platform – HY WebTrader
Browser Platform – HY WebTrader
Forex Trader – Since 1977
Guaranteed stop losses – Yes
Typical Spread on Majors – Variable
Typical spread on EUR/USD – 3 pips
Maximum leverage – 200:1
Minimum deposit – $25
Minimum deal size – 2000 units
Supported languages – Arabic, Chinese, English
Payment methods – Wire Transfer, PayPal, Credit Card
Free Demo – No
Islamic account – No
Scalping – No
Automated Trading – Yes
Platform Languages – More than 15
Live chat support – Yes

HY Markets – News and Promotions

HY Markets Forex Videos

HY Markets Review and Comments

HY Markets Official Site

Finexo – Review, Rating&Comparison

Finexo Official Site