This category features a list of those Forex brokers that offer not only currency trading services but also an opportunity of the gold trading, allowing the traders to monetize their gold and other precious metals (silver, platinum) forecasts. Although the spread for gold trading is usually high and leverage — low; it's good to be able to trade it when you have an appropriate trade idea.

InstaForex — Forex Broker

InstaForex:

Company: InstaForex
On-line since: 2008
Country of origin: British Virgin Islands
Regulation: Regulated by Russian FFMS.
Payment options: Moneybookers, wire transfer, credit cards, Liberty Reserve, WebMoney and RuPay
Minimum account size: $1
Minimum lot size: 0.01
Leverage: from 1:1 to 1:500
Spreads: 3 pips on EUR/USD
Advantages:

MetaTrader 4 trading platform
6% interest rate on deposit
Flexible leverage
Wide range of funding options
Islamic (no interest) accounts available
Rich bonus system
Disadvantages:

No important disadvantages
Click here to open an account with InstaForex

Forex4you — Forex Broker

Forex4you:

Company: E-Global Trade & Finance Group, Inc.
On-line since: 2007
Country of origin: United Kingdom
Regulation: Unregulated
Payment options: WebMoney, Liberty Reserve, e-gold, credit cards and bank wire
Minimum account size: $1
Minimum lot size: 0.0001 lots
Leverage: up to 1:500
Spreads: 2 pips on EUR/USD
Advantages:

MetaTrader 4 platform
Interest rate on account balance
Muslim-friendly accounts with no overnight interest
Extremely low minimum account size and trade amount
Disadvantages:

No important disadvantages
Click here to open an account with Forex4you

FXOpen — Forex Broker

FXOpen:

Company: FXOpen Investments Inc.
On-line since: 2005
Country of origin: Mauritius
Regulation: Regulated by Financial Service Commission (FSC) of Mauritius.
Payment options: Liberty Reserve, WebMoney, CashU, E-Bullion, e-gold and wire transfer
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: from 1:1 to 1:500
Spreads: 2 pips on EUR/USD
Advantages:

MetaTrader 4 Forex broker
ECN Forex broker
Traders contests and competitions
Bonus for real trader account opening
Muslim Forex broker - no-overnight interest accounts
WebMoney funds deposit/withdraw option
Futures trading is available
Start trading with as little as $1
Disadvantages:

No important disadvantages
Click here to open an account with FXOpen

MasterForex — Forex Broker

MasterForex:

Company: Beaverhead Financial Inc.
On-line since: 2006
Country of origin: Russia
Regulation: Unregulated
Payment options: PayPal, Wire transfer, WebMoney and Liberty Reserve
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: up to 1:500
Spreads: 2 pips on EUR/USD
Advantages:

MetaTrader 4 trading platform
Trading from $1
Muslim-friendly Forex accounts
WebMoney and Liberty Reserve deposit/withdrawal options
Disadvantages:

No important disadvantages
Click here to open an account with MasterForex

Ava FX — Forex Broker

Ava FX:

Company: Ava FX
On-line since: 2006
Country of origin: British Virgin Islands
Regulation: Unregulated
Payment options: WebMoney, PayPal, Moneybookers, Western Union, e-gold, credit cards and bank wire
Minimum account size: $100
Minimum lot size: 0.1 lot
Leverage: 1:200
Spreads: 3 pips on EUR/USD
Advantages:

Variety of billing options available
CFD, Forex, metals and oil trading
Disadvantages:

No Metatrader 4 software support
Click here to open an account with Ava FX

Easy-Forex — Forex Broker

Easy-Forex:

Company: Easy-Forex
On-line since: 2001
Country of origin: Cyprus
Regulation: Registered with NFA (ID #0358754).
Payment options: Credit cards, PayPal
Minimum account size: $200
Minimum lot size: 0.025 lot
Leverage: 1:100
Spreads: 3 pips on EUR/USD
Advantages:

No need to download trading software
Ability to "freeze" current rates for a few seconds
Oil trading is available
Disadvantages:

No MetaTrader 4 software support
Java based trading platform
High spreads
Click here to open an account with Easy-Forex

Marketiva — Forex Broker

Marketiva:

Company: Marketiva Corporation
On-line since: 2005
Country of origin: British Virgin Islands
Regulation: Incorporated as an international business corporation in British Virgin Islands with registration number IBC CAP. 291 Reg. # 646819. Marketiva Corporation is under jurisdiction of the Financial Services Commission (FSC) and conforms with its regulations and internationally accepted supervisory and regulatory standards.
Payment options: WebMoney, e-Bullion, E-Dinar, Liberty Reserve and wire transfer
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: 1:100
Spreads: 2 pips on EUR/USD
Advantages:

Client program with a user-friendly interface
Great support chat
Fast order execution
No limit on trade size
No overnight interest
Liberty Reserve, E-bullion, E-Dinar and WebMoney billing options
Investment funds shares available
World indexes and precious metals trading
Disadvantages:

No MetaTrader 4 software support
U.S. citizens can't open accounts
$7 withdrawal fee (only first withdrawal)
Muslim Forex broker - no overnight interest
No contact phone/fax numbers
Click here to open an account with Marketiva

LiteForex — Forex Broker

LiteForex:

Company: Straighthold Investment Group Inc.
On-line since: 2004
Country of origin: Cyprus
Regulation: Unregulated
Payment options: WebMoney, Moneybookers, Liberty Reserve and AlertPay.
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: from 1:50 to 1:500
Spreads: 3 pips on EUR/USD
Advantages:

Metatrader Forex broker
WebMoney deposit/withdraw method
Very low minimum deposit to start trading
Disadvantages:

No important disadvantages
Click here to open an account with LiteForex

Plus500 — Forex Broker

Plus500:

Company: MeVideoCY Ltd.
On-line since: 2009
Country of origin: Cyprus
Regulation: Unregulated
Payment options: Credit cards, PayPal and wire transfer
Minimum account size: $50
Minimum lot size: 0.1 lots
Leverage: up to 1:200
Spreads: 2 pips on EUR/USD
Advantages:

Forex, CFD, commodities and index trading
Bonus on deposit
Free $20 bonus upon account opening
Disadvantages:

No MetaTrader 4 platform
Residents of Russia, Ukraine, Belarus and some other post-Soviet countries aren't allowed to open an account
Click here to open an account with Plus500

FxCompany — Forex Broker

FxCompany:

Company: FxCompany Ltd
On-line since: 2006
Country of origin: Mauritius
Regulation: Is a licensed provider of investment adviser services and regulated by FSC (Financial Services Commission) of Mauritius. License no. C109007280, issued on 25.03.2009.
Payment options: Wire transfer, WebMoney, Moneybookers and Liberty Reserve
Minimum account size: $100
Minimum lot size: 0.1 lot
Leverage: from 1:1 to 1:500
Spreads: 0.8 pip on EUR/USD
Advantages:

MetaTrader broker
Informative website
Contests of traders
Forex, futures, CFD, metals and oil trading instruments
Muslim-friendly accounts without overnight swaps
Disadvantages:

No important disadvantages
Click here to open an account with FxCompany

Forex.com — Forex Broker

Forex.com:

Company: GAIN Capital Group
On-line since: 1998
Country of origin: USA
Regulation: Registered Futures Commission Merchant (NFA ID #0339826).
Payment options: Bank wire
Minimum account size: $250
Minimum lot size: 0.1 lot
Leverage: from 1:100 to 1:200
Spreads: 2 pips on EUR/USD
Advantages:

Web based trading platform available
Free news stream and real-time alerts
MetaTrader 4 platform available
Disadvantages:

Some countries and states are not allowed to open accounts
Click here to open an account with Forex.com

Saxo Bank — Forex Broker

Saxo Bank:

Company: Saxo Bank
On-line since: 1999
Country of origin: Denmark
Regulation: Saxo Bank is an officially registered European bank.
Payment options: Wire transfer
Minimum account size: $2,000
Minimum lot size: 1 lot
Leverage: 1:100
Spreads: 2 pips on EUR/USD
Advantages:

Unique trading software
Very solid company
Disadvantages:

Very high margin requirements
Opening an account is a complicated process
Click here to open an account with Saxo Bank

X-Trade Brokers — Forex Broker

X-Trade Brokers:

Company: X-Trade Brokers S.A.
On-line since: 2006
Country of origin: Poland
Regulation: Regulated by the Securities and Exchange Commissions of Poland.
Payment options: Bank wire
Minimum account size: $2,000
Minimum lot size: 0.1 lot
Leverage: 1:100
Spreads: 3 pips on EUR/USD
Advantages:

MetaTrader4 software support
Supports trading over the phone
Muslim Forex broker
Disadvantages:

No mini Forex accounts
Opening an account is a complicated process
Click here to open an account with X-Trade Brokers

MB Trading — Forex Broker

MB Trading:

Company: MB Trading Futures, Inc. (MBTF) and 3DForex, LLC
On-line since: 2002
Country of origin: USA
Regulation: Commodity Futures Trading Commission (CFTC) registered Futures Commission Merchant (FCM) and a member of National Futures Association (NFA).
Payment options: Bank wire
Minimum account size: $400
Minimum lot size: 0.1 lot
Leverage: 1:100
Spreads: ECN broker - 0.5 pips average on EUR/USD
Advantages:

MetaTrader 4 software support
ECN Forex broker
Low, floating spreads
Supports trading over the phone
Disadvantages:

Commissions for trading
Opening an account is a complicated process
Residents of some countries can't open account
Click here to open an account with MB Trading

Tadawul FX — Forex Broker

Tadawul FX:

Company: Tadawul FX SA.
On-line since: 2006
Country of origin: Switzerland
Regulation: Registered with ARIF (Association Romande des Intermédiaires Financiers) - a Swiss organization against money laundering, is also audited by Swiss financial auditor VERIFID.
Payment options: PayPal, credit cards and bank wire
Minimum account size: $500
Minimum lot size: 0.1 lot
Leverage: from 1:33 to 1:100
Spreads: 3 pips on EUR/USD
Advantages:

Islamic Forex broker
MetaTrader4 Forex broker
Registered with very serious regulation authorities
Disadvantages:

No important disadvantages
Click here to open an account with Tadawul FX

Forex.CH — Forex Broker

Forex.CH:

Company: GFX Group SA
On-line since: 2005
Country of origin: Switzerland
Regulation: Registered with the Swiss self-regulated financial organization PolyReg.
Payment options: Bank wire and checks
Minimum account size: $2,000
Minimum lot size: 0.1 lot
Leverage: up to 1:200
Spreads: 2—3 pips on EUR/USD
Advantages:

Custom advanced trading platform and MetaTrader 4
Stock indices trading available
No overnight interest for Muslim traders
Disadvantages:

High account size minimum for mini Forex
Commissions for no-overnight interest accounts
Opening an account is a complicated process
Click here to open an account with Forex.CH

Finotec — Forex Broker

Finotec:

Company: Finotec Trading UK Ltd
On-line since: 2005
Country of origin: United Kingdom
Regulation: Authorized and regulated by the Financial Services Authority (FSA Register Number 470392).
Payment options: Bank wire, PayPal and credit cards
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: up to 1:200
Spreads: 3 pips on EUR/USD
Advantages:

Easy-to-use trading platform for mini Forex accounts
Options trading available
Disadvantages:

No MetaTrader 4 software support
High account size requirement to use Finotec Trading Platform
Click here to open an account with Finotec

ECN broker — Forex Broker

ECN broker:

Company: DTSecurities.at GmbH, Austria
On-line since: 2004
Country of origin: Austria
Regulation: Member of NFA and registered with CFTC.
Payment options: Bank wire
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: up to 1:400
Spreads: 3 pips on EUR/USD
Advantages:

Regulated broker with low minimum account ($200) and high leverage (1:400)
Additional trading services (stocks and futures)
Disadvantages:

No Metatrader 4 software support
Click here to open an account with ECN broker

IFC Markets — Forex Broker

IFC Markets:

Company: IFC Markets Corp.
On-line since: 2006
Country of origin: British Virgin Islands
Regulation: Incorporated in British Virgin Islands with registration number IBC CAP. 291 Reg. #669838 and is under jurisdiction of the Financial Services Commission (FSC).
Payment options: WebMoney, Liberty Reserve, bank wire, credit cards and CashU
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: 1:100
Spreads: 2 pips on EUR/USD
Advantages:

WebMoney deposit option
Only $1 to start trading
Disadvantages:

No Metatrader 4 software support
Click here to open an account with IFC Markets

IG Markets — Forex Broker

IG Markets:

Company: IG Group
On-line since: 2001
Country of origin: United Kingdom
Regulation: Regulated by the Financial Services Authority (FSA) and a member of the London Stock Exchange (LSE).
Payment options: Wire transfer, checks, credit cards and Moneybookers
Minimum account size: $200
Minimum lot size: 0.1 lot
Leverage: up to 1:50
Spreads: 3 pips on EUR/USD
Advantages:

Solid financial company
Web based trading platform
CFD and metals trading is available
Disadvantages:

No Metatrader 4 software support
Low leverage - 1:50
Click here to open an account with IG Markets

CMC Markets — Forex Broker

CMC Markets:

Company: CMC Markets UK Plc
On-line since: 2005
Country of origin: United Kingdom
Regulation: Registered as a Futures Commission Merchant with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA).
Payment options: Wire transfer, credit cards and checks
Minimum account size: $2,000
Minimum lot size: 1 lot
Leverage: 1:100
Spreads: 2 pips on EUR/USD
Advantages:

Competitive spreads
Disadvantages:

No Metatrader 4 software support
Opening an account is a complicated process
Click here to open an account with CMC Markets

iFOREX — Forex Broker

iFOREX:

Company: iFOREX
On-line since: 2006
Country of origin: British Virgin Islands
Regulation: Unregulated
Payment options: Bank wire and credit cards
Minimum account size: $100
Minimum lot size: 0.5 lot
Leverage: up to 1:400
Spreads: 3 pips on EUR/USD
Advantages:

Web and stand-alone trading platforms available
Disadvantages:

No Metatrader 4 software support
No demo accounts available
Click here to open an account with iFOREX

GCI Financial — Forex Broker

GCI Financial:

Company: GCI Financial Ltd.
On-line since: 2002
Country of origin: Belize
Regulation: Registered by International Financial Services Commission of Belize.
Payment options: Wire transfer, credit cards, PayPal, Moneybookers, WebMoney and check
Minimum account size: $2,000
Minimum lot size: 0.1 lot
Leverage: up to 1:200
Spreads: 3 pips on EUR/USD
Advantages:

Indexes and CFD trading available
Muslim-friendly Forex broker
MetaTrader 4 trading platform
Web-based platform
Disadvantages:

No important disadvantages
Click here to open an account with GCI Financial

Xforex — Forex Broker

Xforex:

Company: XFOREX Inc.
On-line since: 2003
Country of origin: Cyprus/Canada
Regulation: Unregulated
Payment options: Wire transfer and credit cards
Minimum account size: $50
Minimum lot size: 0.05 lot
Leverage: up to 1:400
Spreads: 3 pips on EUR/USD
Advantages:

Web based Forex trading platform
Muslim friendly Forex broker
Disadvantages:

No MetaTrader 4 support
No demo Forex accounts
Doesn't accept traders from U.S. and Nigeria
Click here to open an account with Xforex

FxPro — Forex Broker

FxPro:

Company: EuroOrient Securities and Financial Services Ltd.
On-line since: 2008
Country of origin: Cyprus
Regulation: Regulated by the Cyprus Securities and Exchange Commission (license #078/07).
Payment options: Wire transfer, credit cards and PayPal
Minimum account size: $100
Minimum lot size: 0.1 lot
Leverage: from 1:1 to 1:500
Spreads: 1.8 pips on EUR/USD
Advantages:

MetaTrader 4 trading platform
Really tight spreads
Disadvantages:

No important disadvantages
Click here to open an account with FxPro

GFS Forex & Futures — Forex Broker

GFS Forex & Futures:

Company: GFS Forex & Futures, Inc.
On-line since: 2006
Country of origin: USA
Regulation: Regulated by the U.K. Financial Services Authority (FSA).
Payment options: Wire transfer, check and PayPal
Minimum account size: $500
Minimum lot size: 0.1 lot
Leverage: 1:100 and 1:200
Spreads: 3 pips on EUR/USD
Advantages:

No important advantages
Disadvantages:

No MetaTrader 4 support
Opening a trading account is a complicated process
Don't accept U.S. citizens
Click here to open an account with GFS Forex & Futures

DeltaStock — Forex Broker

DeltaStock:

Company: Deltastock Inc.
On-line since: 2001
Country of origin: Bulgaria
Regulation: Regulated by the Financial Supervision Commission and the Bulgarian National Bank.
Payment options: Wire transfer, credit card and Moneybookers
Minimum account size: $100
Minimum lot size: 0.01 lot
Leverage: up to 1:200
Spreads: variable from 0.1 pip and fixed 2 pip spread on EUR/USD
Advantages:

Supports MetaTrader platform through MetaTrader Bridge
CFD, metals, commodities and Bulgarian stocks trading is available
Both stand-alone and browser platforms are available
Both variable and fixed spreads are available
Regular trading contests
Disadvantages:

Opening an account is a complicated process
Click here to open an account with DeltaStock

GDI Markets — Forex Broker

GDI Markets:

Company: GDI Markets Limited
On-line since: 2007
Country of origin: United Kingdom
Regulation: Regulated by the Financial Services Authority (FSA reference #458099).
Payment options: Bank wire
Minimum account size: $10,000
Minimum lot size: 0.1 lot
Leverage: from 1:12.5 to 1:100
Spreads: 3.5 pips on EUR/USD
Advantages:

Forex, CFDs, stocks, ETFs and metals are available for trading
Disadvantages:

No MetaTrader 4 support
Commission on low-size positions
Opening an account is a complicated process
Click here to open an account with GDI Markets

ForexYard — Forex Broker

ForexYard:

Company: FxYard Limited
On-line since: 2005
Country of origin: Cyprus
Regulation: Unregulated
Payment options: Credit card, bank wire transfer and Western Union
Minimum account size: $100
Minimum lot size: 0.1 lot
Leverage: from 1:100 to 1:200
Spreads: 3 pips on EUR/USD
Advantages:

Java based trading platform available
Forex market news
Trading courses available
No overnight interest rate accounts available
Disadvantages:

No MetaTrader 4 software support
U.S., Cyprus and New Zealand citizens can't open accounts
Click here to open an account with ForexYard

HY Markets — Forex Broker

HY Markets:

Company: HY Markets
On-line since: 2007
Country of origin: United Kingdom
Regulation: Authorized and regulated by FSA (United Kingdom)
Payment options: Bank wire, credit cards, PayPal, CashU
Minimum account size: $50
Minimum lot size: 0.02 lot
Leverage: 1:200
Spreads: 3-7 pips on EUR/USD
Advantages:

Web based trading platform available
Freeze rate function
No slippage
Real-time news
Disadvantages:

MetaTrader 4 software available only to VIP clients
Click here to open an account with HY Markets

Prime4x — Forex Broker

Prime4x:

Company: Prime Forex LLC
On-line since: 2008
Country of origin: Cyprus
Regulation: Unregulated
Payment options: Wire transfer and credit cards
Minimum account size: $100
Minimum lot size: 0.01
Leverage: 1:100, 1:400 and 1:500
Spreads: 2 pips on EUR/USD
Advantages:

MetaTrader 4 trading platform is available
Promotional bonuses
Disadvantages:

No important disadvantages
Click here to open an account with Prime4x

BroCo — Forex Broker

BroCo:

Company: BroCo Investments Inc.
On-line since: 2003
Country of origin: Mauritius
Regulation: Licensed by the Financial Services Commission of Mauritius.
Payment options: Moneybookers, WebMoney, credit cards and wire transfer
Minimum account size: $10
Minimum lot size: 0.01 lot
Leverage: up to 1:200
Spreads: 2 pips on EUR/USD
Advantages:

MetaTrader 4 platform
Asset management services
Various traders' contests
Disadvantages:

Opening a trading account isn't an easy process
Click here to open an account with BroCo

Forex Place — Forex Broker

Forex Place:

Company: Forex Place Ltd.
On-line since: 2009
Country of origin: British Virgin Islands
Regulation: Unregulated
Payment options: Credit card, wire transfer, Moneybookers, Neteller and EcoCard
Minimum account size: $100
Minimum lot size: 0.01 lots
Leverage: 1:300
Spreads: 3 pips on EUR/USD
Advantages:

MetaTrader 4 platform
Trader bonuses
Forex trading education
Islamic trading accounts are available
Disadvantages:

Spreads are relatively high
Click here to open an account with Forex Place

StartForex — Forex Broker

StartForex:

Company: StartForex Ltd.
On-line since: 2007
Country of origin: Cyprus
Regulation: Unregulated
Payment options: Wire transfer and credit card
Minimum account size: $100
Minimum lot size: 0.1 lots
Leverage: up to 1:400
Spreads: 2 pips on EUR/USD
Advantages:

MetaTrader 4 platform
Web-based trading platform
Muslim-friendly accounts are available
Bonus on deposits
Disadvantages:

Bucket-shop — they earn from the traders' losses
Demo accounts are available only after the first deposit
Website heavy-loads the browser
Click here to open an account with StartForex

Alma Forex — Forex Broker

Alma Forex:

Company: Alma Forex
On-line since: 2008
Country of origin: Seychelles
Regulation: Registered in the Republic of Seychelles (registration number is 053400).
Payment options: WebMoney, AlertPay, Liberty Reserve, credit cards and wire transfer
Minimum account size: $1
Minimum lot size: 0.001 lot
Leverage: from 1:50 to 1:500
Spreads: 1-2 pips on EUR/USD
Advantages:

MetaTrader 4 platform
Muslim-friendly accounts with no overnight interest
Extremely low minimum account size and trade amount
Spread is as low as 1 pip for accounts starting with $100
Disadvantages:

Don't allow trading with EAs
Click here to open an account with Alma Forex

UFXBank — Forex Broker

UFXBank:

Company: UFXBank
On-line since: 2009
Country of origin: United Kingdom
Regulation: Unregulated
Payment options: PayPal, Moneybookers, WebMoney, Neteller, Western Union, credit cards and wire transfer
Minimum account size: $500
Minimum lot size: 0.05 lot
Leverage: 1:200
Spreads: 2-4 pips on EUR/USD
Advantages:

Browser-based trading platform
Disadvantages:

Demo account only after speaking with the manager
Browser-based trading platform
Relatively high spreads
Click here to open an account with UFXBank

MoneyRain — Forex Broker

MoneyRain:

Company: Money Rain Corporation
On-line since: 2006
Country of origin: Austria
Regulation: Licensed by FCSM (Russian Federation, license number: 078-10332-100000).
Payment options: Moneybookers, bank transfer, scratch-card, WebMoney, RBK Money and credit card
Minimum account size: $100
Minimum lot size: 0.1 lot
Leverage: 1:100
Spreads: 1-3 pips on EUR/USD
Advantages:

MetaTrader 4 platform
Interest rate paid on trading account balance
Disadvantages:

No important disadvantages
Click here to open an account with MoneyRain