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Forex Brokers 
Preferred Broker 

Broker/FCM Regulated by Leverage
 
Pip Spread on Majors
 
Mini Account Size
 
Regular Account Size
 
Links  
MG Financial Group

NFA*, CFTC Up to 100:1 3-5 pip $500* $500*  
Forex Capital Markets, LLC (FXCM)

NFA*, FSAuthority, CFTC, BCSC, SFC 200:1* As low as 1 pip $300 $2,000  
Capital Market Services, L.L.C.

NFA*, FSAuthority, CFTC 400:1 2-4 pip $200 $200  
Ikon GM - Royal Division

 
NFA*, CFTC 100:1 2-3 pips $2,500 $2,500  
FX Solutions LLC

 
NFA*, CFTC Up to 400:1 3-4 pip $250 $2,000  
GFT

NFA*, FSAuthority Up to 400:1 * As low as 1 pip $250 $2,500  
FXDD NFA* 50:1, 100:1, 200:1 As low as 1 pip $250 $2000  

Alpari (UK) Limited

FSAuthority Up to 100:1* From 2 pips $200 $200  
Deutsche Bank FSAuthority Maximum 100:1 2-4   $5,000  

Interbank FX, LLC
NFA*, CFTC 200:1 2-3 pip $250 $2,500  
GFS Forex & Futures NFA*, CFTC, DFSA 200:1 3-5 pip $500 $5,000  

Alpari (US), LLC
 
NFA*, CFTC Up to 100:1* From 2 pips No limit $1000  

Forex Club Financial Company
NFA*, CFTC 100:1* (in a base currency) 0 (ExpressFX); 3-5 pips (ClassicFX) $10 $10  


ACM Advanced Currency Markets SA


SFDF 100:1 As low as 1 pip $2,000 $5,000  

Saxo Bank A/S

DFSA 100:1 2-3 pip $2,000 $10,000  

MF Global UK Limited
FSAuthority 40:1 0-3 pips   $25,000  
NordMarkets.com SFSA 50:1 As low as 1 pip $1,000 $5,000  

IG Markets

NFA*, FSAuthority, CFTC, ASIC, MAS Up to 700:1* Fixed 2pip No Minimum to Open No Minimum to open  

GAIN Capital Group LLC
NFA*, CFTC 100:1 and 200:1 1-2 pip $250 $2,500  
FXA Securities Ltd ( MF Global Group) FFAJ, JIPF, JSDA Maximum 100:1 As low as 2 pips   $500  


MIG INVESTMENTS SA
ARIF, SFDF 200:1 1-3 pips $5,000 $5,000  
* U.S. FCMs regulated by the NFA are compensated through the bid/ask spread as well as activities as a currency dealer. In the US, FDM is the short name of Forex Dealer Member as indicated by the new regulation approved by the NFA in December, 2007.

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