ForexBrokerInc

ECN Forex Review: ForexBroker Inc.

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FOREXBROKER INC. REVIEW

ForexBroker Inc. General Info

Company: ForexBroker Inc. is the Trading Name of Gridley Enterprises S.A.

Offices: Headquarters in Marshall Islands and offices in Malta (EU)

Regulation: ForexBroker Inc. is controlled only by MiFID (EU)

Years in the Market: ForexBroker Inc. was found in 2012

Islamic Accounts: ForexBroker Inc. does not provide Islamic Accounts (NO)

Order Execution: ECN / STP Operation Model Execution

Customer Support:

ForexBroker Inc. 24/5 ServiceForexBroker Inc. PHONE SUPPORTForexBroker Inc. LIVE CHAT

IronFX 35%24Registration 468x60 EN40

 

ForexBroker Inc. Trading Info

Server Time: GMT+2

ForexBroker Inc. Typical Spread (EURUSD): 1.3-1.9 pips Spread

Trading Leverage: ForexBroker Inc. offers max leverage 500:1

ForexBroker Inc. lot: Micro and Standard Lot

ForexBroker Inc. Scalping / Hedging: Hedging / Scalping are both allowed by ForexBroker Inc. -Yes

Automated Forex Trading: ForexBroker Inc. allows Forex Robots -Yes

Minimum Deposit Account: Minimum deposit is 10 USD

ForexBroker Inc. Account Currencies: Accounts in Euro, US Dollar and Japanese Yen

ForexBrokerInc PlatformForexBroker Inc. Deposit Methods:

ForexBroker Inc. Bank WireForexBroker Inc. Credit CardsForexBroker Inc. Offer DEBIT CARDS

ForexBroker Inc. Withdrawal Methods:

ForexBroker Inc. Bank WireForexBroker Inc. Credit CardsForexBroker Inc. Offer DEBIT CARDS


ForexBroker Inc. Forex Asset Index

ForexBroker Inc. provides an extended Forex asset index containing 45+ currency pairs. There are also 16 more assets including metals, energy and equities.

Forex Pairs Minimum Spread (pips) Typical Spread (pips)
EURUSD 0.3 0.7
USDJPY 0.3 0.4
GBPUSD 0.5 0.7
EURJPY 1 1.2
AUDUSD 0.8 1
USDCHF 0.5 0.7
EURCHF 1 1.5
EURGBP 1 0.9
USDCAD 0.5 0.7
NZDUSD 1 1.3
AUDJPY 1 1.2
CHFJPY 2 4.9
GBPCHF 3 5.2
USDHKD 3 6.5
CADJPY 2 4.6
GBPJPY 3 5.2
NZDJPY 2 5.2
CADCHF 2 4.8
EURAUD 2 5.3
USDSGD 3 6.2
AUDCAD 2 6.3
AUDCHF 2 5
EURCAD 2 4.9
NZDCAD 2 5.3
NZDCHF 2 5.3
GBPAUD 5 8.3
GBPCAD 5 9.6
EURDKK 9 14.8
AUDNZD 3 8.8
EURNZD 5 9.3
USDDKK 5 12.3
GBPNZD 5 10.1
USDTRY 5 10.9
EURTRY 7 17.3
EURNOK 15 72.5
USDPLN 10 52.9
EURPLN 15 60.3
EURSEK 10 85.1
USDNOK 10 69.8
USDSEK 10 62.1
USDILS 20 44.6
EURHUF 10 74.5
USDHUF 15 64.7
USDRON 30 102.7
USDMXN 20 84.6
USDZAR 20 92.7
USDRUB 10 57.7
USDCZK 20 55.4
XAGUSD 5 7
XAUUSD 50 70

ForexBroker Inc. Platforms

Trading Platforms: ForexBroker Inc. offers the classic MetaTrader4, the Sirix WebTrader and Mobile Trader

Mobile Traders: ForexBroker Inc. offers a mobile trader for Android, iPhone, iPad, Windows, Symbian and Blackberry

ForexBroker Inc. ANDROIDForexBroker Inc. BLACKBERRY APPForexBroker Inc. iPhone AppForexBroker Inc. iPAD APP

◘ ForexBroker Inc. Web-Site Languages: English and Japanese 

ForexBroker Inc. Review Advantages and Disadvantages

ForexBroker Inc. PROS

ForexBroker Inc. Review Advantages

ForexBroker Inc. CONS

ForexBroker Inc. Review Disadvantages

√ Great Forex Asset Index (45+ Forex pairs)

X Not regulated
√ Segregated Client Bank Accounts
X Only for US and Japanese Traders
√ Trading Education and Market Analysis
X Expensive Spreads 
√ Fast Customer Service / Personal Manager  
√ Allows Automated Trading and Scalping  

 

ForexBroker Inc. Review Conclusion

The Forex Broker Inc is an ECN / STP operational model Forex Broker that has been established in the year 2012. The company is based in Marshall Islands but maintains also offices in Malta EU.  The Forex Broker Inc offers segregated client bank accounts but it is not regulated at the moment. The Forex Broker Inc customer support is 24/5 and fast via live chat, phone and email.

As concerns the trading terms, Forex Broker Inc offers normal spreads on Forex majors without trading commissions. The available platforms include MetaTrader-4, MetaTrader-4 Mobile, the Sirix WebTrader and the Sirix Tablet Trader. The maximum leverage is up to 500:1 along with 100% welcome bonus. The minimum deposit is just $10 while they don’t charge fees on deposits / withdrawals. The fund methods include Cards and Bank Wire only.

In overall Forex Broker Inc. may be considered a good choice for US and Japanese Traders. We expect the broker to get regulation in the future proving its long-term market perspective. 

 

 

ForexBroker Inc. Rating Analysis: ForexBroker Inc. Rating

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