Best online forex brokers 2013

Best online forex brokers that are highly recommended. There are 10 online forex brokers on this list. I spent hours looking at the online forex brokers, here is the list of the best online brokers. This is therefore, in the collective opinion of the world's retail forex traders. While we do believe these are the best, there are still positives and negatives among those in this list so we urge you to read about them in more detail and do your own due diligence before entrusting your hard earned money with any of them.

1. Dukascopy Swiss FX

Headquarters: Geneva, Switzerland
Founded: 1998
Business Model: ECN
Forex Online Since: 2004
Regulated by: ARIF
Platform: Swiss FX Marketplace
Minimium Account: $50,000
Typical Spread on Majors: 0.5-1 pip
Minimum Transaction: 1,000,000 units
Maximum Leverage: 100:1


2. Delta Stock

Headquarters: Sofia, Bulgaria
Founded: 1998
Business Model: Market Maker
Forex Online Since: 2001
Regulated by: FSA, FSC, BNB, & CNVM
Platform: Delta Trading
Minimium Account: $100
Typical Spread on Majors: 3–5 pips
Minimum Transaction: 1000 units
Maximum Leverage:  200:1


3. HotSpot Fx

Headquarters: Jersey City, NJ, USA
Founded: 2000
Business Model: ECN
Forex Online Since: 2000
Regulated by: NFA, CFTC
Platform: HotSpot FXr
Minimium Account: $7500
Typical Spread on Majors: 1-3
Minimum Transaction: 100,000 units
Maximum Leverage: 50:1


4. Alpari IDC

Headquarters: London, UK
Founded: 1998
Business Model: Market Maker
Forex Online Since: 2004
Regulated by: FSA, CFTC, NFA
Platform:  Meta Trader 4
Minimium Account: $200
Typical Spread on Majors: 2-4 pips
Minimum Transaction: 1000 units
Maximum Leverage: 100:1


5. MG Financial Group (MG Forex)

Headquarters: New York, NY, USA
Founded: 1992
Business Model: Market Maker
Forex Online Since: 2000
Regulated by: CFTC, NFA
Platform: Dealbook Web
Minimium Account: $200
Typical Spread on Majors: 3-5 pips
Minimum Transaction: 10,000 units
Maximum Leverage: 400:1


6. Windsor Brokers,Ltd.

Headquarters: Limassol, Cyprus
Founded: 1998
Business Model: Market Maker
Forex Online Since: 2005
Regulated by: FSA, CySEC
Platform: Windsor Direct 4
Minimium Account: $300
Typical Spread on Majors: 2-5 pips
Minimum Transaction: 10,000 units
Maximum Leverage: 200:1


7. MB Trading

Headquarters: El Segundo, CA, USA
Founded: 1999
Business Model: ECN
Forex Online Since: 2004
Regulated by: CFTC, NFA, FCM, SPIC, FINRA
Platform: MBT Navigator
Minimium Account: $400
Typical Spread on Majors: 1-2 pips
Minimum Transaction: 1000 units
Maximum Leverage: 100:1


8. Questrade Inc.

Headquarters: Toronto, ON, CA
Founded: 1999
Business Model: Market Maker
Forex Online Since: 2004
Regulated by: IDA, CIPF
Platform: QuestradeFX
Minimium Account: $250
Typical Spread on Majors: 3-5 pips
Minimum Transaction: 10,000 units
Maximum Leverage: 200:1


9. Oanda

Headquarters: New York, NY
Founded: 1996
Business Model: Market Maker
Forex Online Since: 2001
Regulated by: NFA, CFTC
Platform: FXTrade
Minimium Account: $1
Typical Spread on Majors: 1-3 pips
Minimum Transaction: 1 unit
Maximum Leverage: 50:1


10. Interactive Brokers

Headquarters: Greenwich, CT, USA
Founded: 1977
Business Model: ECN
Forex Online Since: 1998
Regulated by: SEC, NASD, NYSE, SFA, FINRA
Platform: Trader Workstation
Minimium Account: $5000
Typical Spread on Majors: 1-3 pips
Minimum Transaction: 100,000 units
Maximum Leverage: 50:1



Each forex broker on our Best Online Forex Brokers List must show solid evidence of being regulated by at least one legitimate government regulatory agency overseeing the retail forex trade and must not have been sanctioned in any way in the past by regulatory agencies.  The final requirement is that they must have provided us with at least the miminum required set of information for the broker snapshots above.

Our online forex trading account comparison makes finding the right online forex trading platform quick and hassle free. forex broker list here may differ with your opinion right now is all up to you to decide Best Online Forex Brokers.