Forex Brokers

Three Forex brokers on the market make for your best choice:, Finexo, and AvaFX. is a definite pick if you are not located in the United States. Strange as it may sound, the Cyprus-based forex broker, fully owned by SafeCap Investments, does not accept clients from the USA.

For a start, you may set up a demo account and try out some of the basic features of However, once you open a full account, you will be granted access to some unique features, including special bonuses for clients who achieve high trading volume, and three specially-tailored trading packages, designed to meet the individual investment expectations and goals of every client. Here it should be noted that offers one of the lowest initial deposits on the market (just $50), which is enough to open a mini account. The other types of user accounts offered by this broker include standard account, funded with at least $2,500, and a VIP account for high net worth clients with an initial deposit of $20,000. Various bonuses apply to all of the above accounts.

From a technical point of view, is based on four user-friendly software platforms, each providing a wide variety of analytical tools, combined with the latest generations of security certificates. Without going into unnecessary details, the Java Trader is the perfect solution for traders who have to use public wi-fi networks for accessing their account. Then, the Mobile is for those who travel a lot and trade mostly through their mobile phone or PDA.

The next forex broker to look at is Finexo, the brain-child of a group of top-notch bankers and software developers. It came into existence in 2003 and is now owned by SafeCap investments.

Finexo’s MetaTrader4 platform is a software masterpiece, designed to meet the trading needs of neophytes and experienced users alike. An initial deposit of $100 (payable by AmEx, VISA, MasterCard MoneyBookers or PayPal) is enough to open a mini account with this broker. Higher leverages of up to 200 to 1 are also possible. Different charges and limits may apply to each particular deposit or withdrawal.

Finexo claims to be one of the most technologically advanced brokers in the industry, protecting its clients’ deposits with revolutionary security technologies combined with an excellent customer care centre that is available 24/7. Mobile trading and Java-based options are also available to clients who are often on the go.

Finally, AVaFX is an Ireland-based forex broker owned and operated by AVA group. In a nutshell, AvaFX is probably the best choice of every budding trader, as this software platform offers a wide variety of automated trading and analysis tools, such as the AvaAutoTrader and the ZuluTrader. Traders can benefit from available custom-made strategies and the API trading tool. The latter allows the more experienced trader to design his own trading strategies according to his personal investment goals and individual level of risk tolerance. AVAFX’s platform is also based on MetaTrader4 and includes all the standard features that the configuration offers. In addition, it comes with an option to design individual trading indicators. Apart from the popular currency pairs, the clients of AVaFX may also try their hand in trading in gold or silver.

The minimum deposit required to open an account with AVaFX is $100, while its highest leverage reaches 400 to 1. This broker is also renowned for its user-oriented, multi-lingual customer care-service, which is available 24/7.