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Forex Brokers

Brokers Matched to Your Investment Strategy

For any-level investor, AlterHedge has a Forex Broker to complement your investment style, risk tolerance and strategy. Whether you’re a Forex investor, who prefers to hedge higher risk, or start out with a micro account, AlterHedge handpicked seven of the most reputable Forex Brokers across the globe, based on the following criteria:

• Regulatory guidelines, accreditations and licenses
• Experience with a variation of managed accounts (expert, intermediate, novice)
• Proprietary Trading platform (MetaTrader4)
• Research and trading system support
• Spreads, Maximum Leverage and Trade Size
• Professional Broker-Customer relations

After you’ve downloaded and test traded our Expert Advisor and your are ready to trade live, select from a cross spectrum of Brokers:

Firm Headquarters
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Global Offices
Trade / Investor Level AdvantageLimitations
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Drawbacks
Max. Leverage /
Typical Spread /
Minimum Trade Size
Forex.com Forex Broker

AlterHedge's
Choice!
• London
• Seasoned
• Intermediate
• Novice
• Competitive, nominal spreads of 1-2 pips
• Price transparency with 24-hour, unlimited trading
• Flexible, hedging scenarios
• Unregulated by the NFA, Forex allows "hedging".
• Versatile with extensive trading scenarios.
• Trades on a variety of currency pairs
• Utilizes an experienced team of researchers
• Unmatched customer, expert advisors
• An initial margin requirement for standard and mini accounts, ranging from £2,500 on a minimum trade size of 100,000 and a £250 on minimum trade size of 10,000, respectively.
• Forex.com UK is also ideal for the sophisticated trader, who can afford more risk and plans to trade in volumes of more than 10,000 a month.
Due to government guidelines and OFAC restrictions, FOREX.com UK is unable to accept accounts applications from residents of the People’s Republic of China and Nigeria.
No US Clients.
200:1 /
1-2 pips /
0.01
Tradeview Forex

AlterHedge's
Choice!
• Montreal
• Zurich
• Moscow
• Seasoned
• Intermediate
• Novice
• 2 pip fixed spreads on the majors
• Price transparency with 24-hour, unlimited trading
• All trading strategies permitted
• "Hedging" allowed with MT4
• Over 24 tradable currency pairs plus Gold, Silver, and Oil
• Friendly, experienced support
• Open an account with as little as $100 USD
• High volume traders (10,000 r/t standard lots per month) are encouraged to ask about our VIP trading program with lower spreads.
• Doing business as Boston Merchant Financial Services.
No US or Canadian Clients 400:1 /
2 pips /
0.01
4XP - Forex Place

AlterHedge's
Choice!
• London
• Seasoned
• Intermediate
• Novice
• Tight, reliable instantly tradable streaming rates.
• Price transparency with 24-hour, unlimited trading
• All trading strategies permitted
• "Hedging" allowed with MT4
• Over 50 tradable currency pairs plus Gold, Silver, and Oil
• Honesty, integrity and service " par excellence "
• Open an account with as little as $500 USD
None 300:1 /
2 pips /
0.01
Alpari UK Forex Broker • London • Seasoned
• Intermediate
• Novice
• Tight spreads and best execution
• Access to Alpari Academy and Alpari Research
• FSA regulation and Safety of customer funds
• MetaTrader4 platform, available free for PC, mobile and multi-terminal editions
• Helpful Client Services Team
• Tight spreads from 1.6 pip
• Floating leverage up to 1:500
• 5 decimal price feed
No US clients 500:1 /
1.6 pips /
0.01
Alpari Forex Broker • Moscow
• London
• New York
• Seasoned
• Intermediate
• Novice
• Regulated by the RFA, Alpari is the preferred Expert Advisor for Russian investors. This Broker is a member of the Commission to Regulate the Relations of Participants in Financial Markets.
• Micro and Standard accounts
For the non-Russian trader, Alpari has many restrictive foreign exchange policies. 500:1 /
3 pips /
0.01
FX|Clearing Forex Broker • Canada • Intermediate
• Novice
• Complete hedging
• Real-time pricing
• Leverage selection - from 500:1 to 100:1
• Offers Mini 0.1 and micro 0.01 lots
• Professional, expert customer support
Accounts for Canadian and US citizens (are not accepted) 500:1 /
2 pips /
0.01
FXCast Forex Broker • Antigua
• Bermuda
• Seasoned
• Intermediate
• Novice
• Offers Muslim Swap free accounts
• Features different spreads for a variety of currency pairings.
• Provides an easy reference guide
Unable to manage American accounts. US citizens, who have an offshore or bank account outside of the United States are welcome to apply. 400:1 /
3 pips /
0.01
FXOpen Forex Broker • Egypt
• UK
• Hong Kong
• China
• United States
• France
• Switzerland
• Novice • Licensed by the FSC For the EUR USD, spreads start at .05
• Main advantage: FXopen accepts Islamic accounts
• Minimum deposit starts at $25
• Margin leverage from 1:1 up to
Customer service is inconsistent 500:1 /
2 pips /
0.01
TadawulFX Forex Broker • Cyprus • Seasoned
• Intermediate
• Novice
• TadawulFX is designed for the Islamic investor in mind, offering interest free accounts
• Offers mini, standard and premium accounts
• Spread starting at 1
• During market hours, offers guaranteed fills on limit and stop orders.
TADAWUL FX has a built-in gifting policy, where they donate a percentage of investors’ profits to a foundation or organization of their choosing. 500:1 /
3 pips /
0.05

For more information about these Brokers, REGISTER for an account and submit your question on a ticket or contact us at +1(305) 600-2388.

Note: By opening a live account in one of the following Brokers, EA license will cost $500 for unlimited live accounts per broker listed here.

About Minimum Trading Size Requirement
The size of one lot may differ from broker to broker, spanning 1,000, 10,000, and 100,000 units.
A lot consisting of 100,000 units is called a “standard” lot (1).
A lot consisting of 10,000 units is called a “mini” lot (0.1).
A lot consisting of 1,000 units is called a “micro” lot (0.01).

 

Please note that...

Forex trading involves substantial risk of loss and is not suitable for all investors.

Governmental restrictions prohibit us from opening accounts with residents of Afghanistan, Belarus, Burma (Myanmar), Cote d'Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Former Liberian Regime of Charles Taylor, Iran, Iraq, Libya, Nigeria, North Korea, Sudan, Syria, Unita (Angola), Western Balkans, and Zimbabwe.

At the moment we do not accept US clients.

FOREX.com UK acts as the clearing agent and counterparty to AlterHedge for a White Label; customers introduced by AlterHedge for an IB; customers managed by AlterHedge for an AT margined forex transactions. GAIN Capital - FOREX.com UK Limited ("FOREX.com") is authorised and regulated by the Financial Services Authority.