| Low spread can save you the trading costs. The table below lists the
popular Forex brokers and their pip spread on major currencies.
| Broker |
Forex Division Founded |
Regulated by |
Leverage |
Commission |
Pip Spread on Majors |
| ACM |
2002 |
SFDF |
1% |
None |
2/3 pip |
| CMC Markets |
1989 |
NFA, FSA, ASIC, BAFIN, OSC |
100:1 |
None |
2/3 pip |
| CMS Forex |
1999 |
NFA, CFTC |
400:1 |
None |
3/4 pip |
| Crown Forex |
2005 |
SFDF |
Variable |
None |
1 pip |
| Deutsche Bank |
1870 |
FSA |
Maximum 100:1 |
None |
Variable |
| Forex Club |
2005 |
NFA, CFTC |
100:1 |
Bid /Ask |
3/5 pips |
| Forex.com |
1999 |
NFA, CFTC |
100:1 and 200:1 |
None |
3/4 pip |
| FX Solutions |
2001 |
NFA, CFTC |
Up to 400:1 |
None |
3/4 pip |
| FXCM |
1999 |
NFA, FSA, CFTC |
200:1 |
Bid /Ask |
3/5 pips |
| FXDD |
2002 |
N/A |
100:1 and 200:1 |
None |
2/3 pip |
| GFT |
1997 |
FSA, CFTC, SEC, ASIC |
Up to 400:1 |
None |
3/5 pip |
| IFX Markets |
1995 |
NFA, FSA, CFTC |
100:1 |
$1.25/lot |
2/3 pip |
| Interactive Brokers |
|
NFA
CFTC |
50:1 |
0.00002 x trading size
$2.50 Minimum
|
1/3 pip |
| Interbank FX |
2001 |
NFA, CFTC |
100:1 |
None |
2/3 pip |
| Man Financial |
1992 |
FSA |
400:1 |
None |
0/3 pips |
| MG Forex |
1992 |
NFA, CFTC |
400:1 |
None |
3/5 pip |
| MIG |
2003 |
SFDF |
200:1 |
None |
2 pip |
| ODLS.com |
2003 |
NFA, FSA, CFTC |
100:1 |
None |
2 pip |
| Oanda |
1995 |
NFA |
400:1 |
None |
1/3 pip |
| SAXO Bank |
1992 |
DFSA |
100:1 |
None |
2/3 pip |
| Western Capital Forex |
2005 |
OAR-G |
200:1 |
none |
2/3 pip |
Last
Updated:
Sunday, October 07, 2007 10:27:35 AM -0700 |
