Currency Pair | Hotforex (Premium Account) | XM Trading (Ultra Low Account) | Exness (Standard Account) | FXTM (Standard account) |
---|---|---|---|---|
EUR/USD | 1.2 | 0.8 | 1 | 2 |
USD/JPY | 1.7 | 0.8 | 1.2 | 2.1 |
GBP/USD | 1.8 | 1.1 | 0.5-1.2 | 1.8-2.1 |
USD/ZAR | 85 | 90 | 46 | 46.7 |
Forex Broker | Regulations | Spread (EUR/USD) | Leverage | Account minimum | Forex Trading Platform(s) | Start Trading |
---|---|---|---|---|---|---|
Exness | FCA, CySEC | On Average 1 pips with Standard Account. | up to 1:2000 | $1 | MT4 & MT5 for web, mobile devices, | get started |
Tickmill | FCA, FSCA, CySEC | Floating spread, from 1.6 pips with Classic account. And spread from 0.1 pips (plus $4 commission per 100,000 units) with Pro account. | 1:500 | $100 | MT4 | get started |
Hotforex | FSCA (South Africa), FCA, CySEC | As low as 0.3 pips with Zero Account | up to 1:1000 | $5 (~R76) | MT4 & MT5 for web, mobile devices, | get started |
XM Trading | FCA (UK), ASIC (Australia), CySEC | 0.8 pips with XM’s Ultra Low Account | 1:888 | $5 (~R76) | MetaTrader 4, MetaTrader 5 for web & mobile | get started |
FXTM | FSCA, FCA, Cysec | 0.4 pips(plus $0.4 fees per 10,000 units) with ECN. And on average 2.2 pips with Standard accounts | 1:1000 | $10 | MetaTrader 4, MetaTrader 5, Webtrader, iOS, Android apps | get started |
Avatrade | FSCA, Bank of Ireland, ASIC (Australia) | Fixed 1.3 pips | 1:1000 | $100 | MetaTrader 4 for web & mobile | get started |
FXCM | FSCA, FCA, ASIC | N/A | 1:400 | $50 | MT4, Ninjatrader & Zulutrader. | get started |
FxPro | FSCA, FCA | Floating, on average 1.5 pips with MT accounts. And 0.4 pips (plus $0.45 fees per 10,000 units traded) with cTrader account. | 1:500 | $500 | MT4, MT5, cTrader. | get started |
Plus500 | FCA, ASIC | Floating spread, from 0.6 pips. | 1:300 | R1500 | Proprietary app & webtrader. | get started |