Top 10 Forex Brokers a Comparison

A Forex broker is a trader’s link to the markets and therefore choosing one is integral to the success of one’s forex trading strategy. A simply way to choose the right Forex broker is to compare the different service offerings of each broker and choose the one that is right for a specific need. Among the things to consider are the broker’s charting package, spreads and margin call policy

Before a trader starts looking at the finer details, he must narrow the list of choices by comparing brokers table comes in. Here is a list of forex brokers, commonly regarded among the top 10.


Interactive Brokers
Minimum Deposit - $10000
Maximum Leverage - 40:1
PayPal Deposit - No
Credit Card Deposits - Yes
Mobile trading - No
Automated Trading – Yes

ThinkOrSwim
Minimum Deposit - $3500
Maximum Leverage - 100:1
PayPal Deposit - No
Credit Card Deposits - No
Mobile trading -Yes
Automated Trading – Yes

CMS Forex
Minimum Deposit - $200
Maximum Leverage -100:1
PayPal Deposit - No
Credit Card Deposits - No
Mobile trading - Yes
Automated Trading – No

Deutsche Bank (DB FX)
Minimum Deposit - $5000
Maximum Leverage - 100:1
PayPal Deposit - No
Credit Card Deposits - No
Mobile trading - No
Automated Trading – No

FX Solutions
Minimum Deposit -$250
Maximum Leverage - 400:1
PayPal Deposit - Yes
Credit Card Deposits - Yes
Mobile trading - Yes
Automated Trading – No

MIG Investments
Minimum Deposit -$5000
Maximum Leverage -200:1
PayPal Deposit - Yes
Credit Card Deposits - Yes
Mobile trading - Yes
Automated Trading – Yes

IG Markets
Minimum Deposit - $1
Maximum Leverage -700:1
PayPal Deposit - No
Credit Card Deposits - Yes
Mobile trading - Yes
Automated Trading – Yes

Interbank FX
Minimum Deposit -$250
Maximum Leverage - 400:1
PayPal Deposit - No
Credit Card Deposits - No
Mobile trading - Yes
Automated Trading – Yes

Alpari (UK) Ltd
Minimum Deposit - $1000
Maximum Leverage - 500:1
PayPal Deposit - No
Credit Card Deposits - No
Mobile trading - Yes
Automated Trading - Yes

OANDA
Minimum Deposit -$1
Maximum Leverage - 50:1
PayPal Deposit - Yes
Credit Card Deposits - No
Mobile trading - Yes
Automated Trading - No