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Institutional Forex Brokers

Below there is rating of the on-line institutional Forex brokers which are supported by the solid and reputable off-line companies like banks and financial organizations. Such brokers are usually regulated and are very reliable. However, trading via institutional brokers is more expensive due to the high commissions and spreads.
 

Forex Broker Rating!

Logo Name Info For Against Vote Comments Statistic
1 FXCM FXCM
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FXCM

On-line since: 1999
Country of origin: USA
Regulation: Registered with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA). Also regulated by the official regulators in UK, Canada, Hong Kong, Australia and France.
Payment options: On-line checks, bank wire, paper checks and credit cards
Minimum account size: $2,000
Minimum lot size: 1 lot
Leverage: 1:100 and 1:200
Spreads: 2-3 pips on EUR/USD
Web-site: www.fxcm.com/

FXCM Company is one of the leading online Forex brokers. Company’s clients are residents of more than 150 countries.
International representation offices and branches of FXCM Company are located in all major financial centers of the world and it allows its clients to get high quality and efficient service.
FXCM is under the control of regulatory bodies which have authority worldwide. Thus, activity of regional office FXCM in London (Holding LLC) is regulated by the Financial Service Authority (FSA) in the UK.

73% 27% - Комментарии Статистика
2 ECN Forex ECN Forex
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ECN Forex

On-line since: 2004
Country of origin: Austria
Regulation: Member of NFA and registered with CFTC.
Payment options: Bank wire
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: up to 1:400
Spreads: 3 pips on EUR/USD
Web-site: http://www.ecnbroker.com

ECN Forex Company provides services through DT Securities GmbH, which is a registered provider of investment services and a member of the National Futures Association (NFA) and has a permission for brokerage activity in EU countries. Moreover, the Company possesses registration agreements for brokerage activity in the USA.
The Company offers services of trading at Forex, CFD, futures and options. Besides, ECN Forex provides access to the world’s stock exchanges.
All the companies, which are part of DT Securities GmbH, including ECN Forex, have registration in the National Association Of Securities Dealers (NASD).

66% 34% - Комментарии Статистика
3 IG Markets IG Markets
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IG Markets

On-line since: 2001
Country of origin: United Kingdom
Regulation: Regulated by the Financial Services Authority (FSA) and a member of the London Stock Exchange (LSE).
Payment options: Wire transfer, checks, credit cards and Moneybookers
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: up to 1:50
Spreads: 3 pips on EUR/USD
Web-site: www.igmarkets.com/

IG Markets is a part of IG Group Holding which includes several companies rendering financial services both for private investors and professional brokers.
IG Companies Group was established in 1974.
IG Markets Company is regulated by the Financial Services Authority (FSA) of Great Britain. IG Markets is the member of London Stock Exchange (LSE).
IG Markets comes as a market-maker in the financial derivative market offering contracts for difference CFD with shares and stock indexes and also margin trading at Forex currency market. The company’s clients turn out to be brokers, investments managers, trading companies and private investors.

60% 40% - Комментарии Статистика
4 MasterForex MasterForex
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MasterForex

On-line since: 2006
Country of origin: Россия
Payment options: WebMoney, Яндекс.Деньги, Liberty Reserve, bank wire, RBK Money,Integrated instaneous payment sistem, PayPal
Minimum account size: 1 $
Minimum lot: 0.001 lot
Leverage:  1:500
Spreads: 2 pips on EUR/USD
Web-site: www.masterforex.org

MasterForex Company was established in 2006.
The general principles of MasterForex Company are: honest and open relationship with clients, experience and professionalism of managers, intention to offer the best trading conditions for clients. At present, MasterForex Company puts two types of real trading accounts at its clients’ disposal: cent and dollar accounts.
MasterForex Company provides its clients with an access to the interbank currency market, directing the client’s orders to the Electronic Communications Network (ECN).
Initially, MasterForex was a dealing centre, nevertheless, now the Company is one of the dynamically developing Forex brokers, supplying its clients with a full range of high- quality services at Forex market.

52% 48% - Комментарии Статистика
5 CitiFX Pro CitiFX Pro
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CitiFX Pro

On-line since: 2008
Country of origin: USA
Regulation: Citi is one of the largest banks in U.S.
Payment options: Wire transfer
Minimum account size: $10,000
Minimum lot size: 1 lot
Leverage: 1:50 or 1:25
Spreads: 2 pips on EUR/USD
Web-site: http://www.citifxpro.com

CitiForex holding company offers a wide range of financial services to private and corporate clients in 101 countries of the world. The range of rendered services involves insurance, loan, investment and mortgage. Citigroup is one of the major emitters of electronic credit cards (MasterCard, VISA and Diners Club).
CitiForex broker is a division of Citigroup Inc. The company’s activity line is Forex services provision to the leading corporations, hedge-funds, banks and governments.
Apart from this, CitiForex Company provides a great variety of financial products and services, including bank and consumer loan, corporate and investment banking, securities trading and trust capital management.

50% 50% - Комментарии Статистика
6 Saxo Bank Saxo Bank
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Saxo Bank

On-line since: 1999
Country of origin: Denmark
Regulation: Saxo Bank is an officially registered European bank.
Payment options: Wire transfer
Minimum account size: $2,000
Minimum lot size: 1 lot
Leverage: 1:100
Spreads: 2 pips on EUR/USD
Web-site: www.saxobank.com

SaxoBank was founded in 1992 by the Danish businessman. Originally the Company was called Midas, but it was changed to SaxoBank at the time the bank obtained its European license for banking in 2001.
SaxoBank specializes in online investments at the international capital markets and provides its clients with opportunity to trade with the wide range of financial tools, such as currencies, contracts for difference, futures, options and other derivatives, the Bank renders services on trust management also.
The trading is carried out online with the help of SaxoTrader program, which is the proprietary of the Bank.
The thousands of investors and traders from more than 100 countries of the world are clients of the Bank. The client servicing is conducted from the Headquarters of the Bank in Copenhagen, and also from 12 offices, situated in the largest cities of the world.

48% 52% - Комментарии Статистика
7 www.interactivebrokers.com www.interactivebrokers.com
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www.interactivebrokers.com

On-line since: 1998
Country of origin: USA
Regulation: Regulated by the SEC, NASD, NYSE, SFA and other regulatory agencies around the world.
Payment options: Bank wire, checks and on-line check
Minimum account size: $5,000
Minimum lot size: 1 lot
Leverage: from 1:20 to 1:50
Spreads: ECN broker - 1 pip (or lower) on EUR/USD
Web-site: Interactive Brokers Group, LLC

The Interactive Brokers Group, Inc was established by Thomas Peterffy. Within the last 32 years, the Company was developing actively and became one of the leading companies in the segment of providing services for financial markets.
Interactive Brokers is working at more than 80 world financial markets, offering the professional traders the services of on-line trade, including trading at Forex, stock market, futures market and bonds trading across the world.
Interactive Brokers’ clients amount to around million traders from different countries.

35% 65% - Комментарии Статистика
8 CMS Forex CMS Forex
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CMS Forex

On-line since: 1999
Country of origin: USA
Regulation: Registered Futures Commission Merchant (FCM) and a Forex Dealer Member (FDM) of the National Futures Association (NFA) (Member ID: 0313199), registered with the Commodity Futures Trading Commission (CFTC) of U.S. and the Financial Services Agency (FSA) of Japan.
Payment options: Bank wire, BPS, credit cards, PayPal, on-line check and paper checks
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: from 1:40 to 1:400
Spreads: 3 pips on EUR/USD
Web-site: www.cmsfx.com

CMS Forex was established by professional participants of the exchange market – traders, brokers and software engineers. Starting from 1999 the goal of CMS Forex is providing the exchange market participant with a forceful technique of currency trading in combination with high-grade performance, excellent and qualitative service for clients. For the last 7 years CMS Forex has become one of the leaders of on-line exchange trading supplying a reliable and user friendly software for trading at Forex.
CMS Forex maintains a service to rising retail sector of Forex market. The company principles – the latest trading technologies, fair dealing activity, perfect client service – all these factors make CMS Forex a company which turns to be necessary for traders interested in graphic data of Forex, in recent Forex news and their funds safety.
A front-rank CMS Forex platform, VT Trader™ together with constant readiness to meet the clients’ requirements make up a system, using which the traders can feel themselves confident in full measure.

23% 77% - Комментарии Статистика

Last comments

Author: Oji Mala | 2010-06-17 (06:10:00)
Forex section: LiteForex review

well liteforex do pay my withdrawal .. some are a little late and the customer service .. abit slow .. the good news, they just had a malaysia site for liteforex and the respond time does improved.

i would say they are not a bad but not that good ..

Author: Uche | 2010-06-17 (06:15:00)
Forex section: Oanda review

This broker was very good in the past but now with all the volatility they have widened spreads, common is 10 pips on GBP/USD and no news pending, wideness in spreads is preplexing and must be treated with caution.

Author: Gwen | 2010-06-17 (04:12:00)
Forex section: Hotspot FX LLC review

I prefer to work with ECN brokers, not with Market Makers. Hotspot FX is true ECN (not like Fxopen and other bucket shops using fake licenses), so all the deals are proceeded at the interbank.

Author: sunny60 | 2010-06-17 (11:09:00)
Forex section: Sucden review

Really good broker. I've been trading with them since they are online. Nice spreads, perfect execution and what is more important NO REQOUTES! =))

Author: tiger | 2010-06-13 (11:33:00)
Forex section: Alpari review

alpari ru , nz limited , is just a lie , they got your money and do trade for him self if profit they got that if trade was loss they show loss to some account ( have big money ) they dont support and hav not any right regulation ( just kroufr and that's in Russia and same brother of alpari ru dont answer to your compliant ) in the end alpari ru is Big Burglarize , give your money as soon as possible eminently , before they give all your money in a lie trade and you do not anythning . alpari = Cracksman

Author: Bones | 2010-06-12 (06:35:00)
Forex section: Alpari review

"bad support bad speaking English in telephone" - Lol. Your English is perfect! :))))

I won't speak in support of Alpari - their PR people must do that. But it seems to me, it's kind of attack upon them. So I wouldn't take the words in 3 previous commetns for truth.

Author: Piramid | 2010-06-12 (03:32:00)
Forex section: Alpari review

(Alpari NZ Limited) are not members of NFA. Not good regoulation , cheating people because they trust them , they are like HYpe investment , afew money back and in the last eating all capital and have a answer term of business you agree in open an account , any way they are cheating trader and i thing like an SCAM hype program , KEEP AWAY from them and dont give your money under their hand (big money ) Just trade with NFA , FSC regoulation broker , Alpari LZ limited or alpari ru is not safe they cheating my 2500 USD in just 12 hour whit no position ( idont open position and see open position and loss all copital in 12 hure 2.0 lot ! size )

Author: bruno perdas | 2010-06-11 (03:36:00)
Forex section: FXOpen review

Dudes, NEVER open account with this SCAM! I hate them! They've stolen my money by requoting me during all the period I traded!! I've lost all my money due to this f#cking reuotes HOPE YOU WILL NEVER GET THE LICENSE BACK! I HATE YOU FXOPEN BASTARDS!

Author: S.T.A.L.K.E.R. | 2010-06-10 (12:40:00)
Forex section: FXOpen review

Just closed my account with FXOpen mafia. It seems I have chosen the right moment to safe my money from this dead company.

Author: aask | 2010-06-05 (11:34:00)
Forex section: Alpari review

(Alpari NZ Limited) are not members of NFA.

NFA’s Compliance Department

regarding the party referenced above. While NFA has developed a wide

range of investor protection rules to safeguard the integrity of the

futures markets and monitors all NFA Members for compliance, it appears

that the firm and individual in your inquiry (Alpari NZ Limited) are not members of NFA.

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