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Peter Bain Forex Trading Video Course 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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