Always start wit a Forex demo account! This will allow you to preview most of the Forex broker's platform features and become familiar with how charting, indicators, order placement and accounting is handled by the Forex broker. Do one survey of demo's to decide which of the following Forex brokers to take to the next level with a micro Forex account or a mini Forex account. There may be some difference between the demo account and a real-time account.
Regulated by: the NFA and the CFTC
Leverage: up to 100:1
Pip spread on majors: from 2 pips
Mini account size: No limit
Regular account size: 1,000 USD
Alpari US Forex Demo ...
Regulated by: the NFA and the CFTC
Leverage: 100:1 (in a base currency)
Pip spread on majors: 0 pips for the ExpressFX Forex account and 3 to 5 pips for the ClassicFX Forex account
Mini ...
Regulated by: the NFA and the CFTC
Leverage: 200:1
Pip spread on majors: 2 to 3 pips
Mini account size: 250 USD
Regular account size: 2,500 USD
ibFX Forex Demo Account
Regulated by: the NFA, the FSAuthority, the CFTC, the ASIC and the MAS
Leverage: up to 700:1
Pip spread on majors: Fixed 2 pips
Mini account size: No minimum to open
Regular account size: No minimum to open...
Regulated by: the NFA, the FSAuthority, the CFTC, the ASIC and the FSAgency
Leverage: up to 400:1
Pip spread on majors: As low as 1 pip
Mini account size: 250 USD
Regular account size: 2,500 USD...
Regulated by: the NFA
Leverage: 50:1, 100:1 and 200:1
Pip spread on majors: As low as 1 pip
Mini account size: 250 USD
Regular account size: 2,000 USD
FXDD Forex Demo Account...
Regulated by: the FFAJ, the JIPF and the JSDA
Leverage: Maximum 100:1
Pip spread on majors: As low as 2 pips (a variable spread on a live Forex account, starting from 0 pips)
Regular account size: 50,000 JPY...
Regulated by: the FSAuthority
Leverage: Maximum 100:1
Pip spread on majors: 2 to 4 pips
Regular account size: 5,000 USD
dbFX Forex Demo Account
Regulated by: the NFA, the FSAuthority, the CFTC and the FSAgency
Leverage: 400:1
Pip spread on majors: From 2 pips
Mini account size: 500 USD
Regular account size: 2,500 USD
ODL Markets Forex Demo ...
Regulated by: the SFDF
Leverage: 100:1
Pip spread on majors: As low as 1 pip
Mini account size: 2,000 USD
Regular account size: 5,000 USD
ACM Forex Demo Account
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