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Our top recommendation:
Learn to trade foreign currencies like the professionals with
Peter Bain’s Video ForEx Trading Program.
Here is a table comparing different forex brokers and the
minimum investment needed to open an account. All of these
companies provide a free demo account and no commission
trades. The minimum trade and the pip spread is also listed
in the table.
Make sure you educate yourself about forex trading and
understand the risks involved before you invest your money.
If you have
suggestions for other forex brokers to be included in this comparison,
please let us know.
|
Brokerage Name
|
Min. Investment |
Min. Trans. Size |
Pip Spread |
Free Demo Account |
Commissions |
| Forex.com |
$25001 |
$10,000 |
3-5 |
Yes |
None on Forex |
| GCI Trading |
$20002 |
$10,000 |
3-5 |
Yes |
None on Forex |
| MG Financial |
$1,000 |
$10,000 |
3-5 |
Yes |
None on Forex |
| RefcoFX |
$300 |
$10,000 |
3-5 |
Yes |
None on Forex |
| GFT |
$2,500 |
$100,000 |
3-5 |
Yes |
None on Forex |
| CMC Forex |
$500 |
$10,000 |
2-4 |
Yes |
None on Forex |
| CMS FX |
$200 |
$10,000 |
3-4 |
Yes |
None on Forex |
1 $250
for mini Forex
2 $500 for mini Forex |
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