Forex Broker Review is one the of the pioneering brokers in the Forex retail trading industry. is headquartered in the US, is owned by Gain Capital, and was established in 1999. 

This broker is currently one of the most popular Forex brokers among US traders, getting a slight edge over local competitors FXCM and Oanda. supports multiple languages, is EA-friendly, and has some of the most prompt 24/7 customer service teams around. 

Here's a quick review of and what new users can expect. 

Accounts offers a standard account and an Active Trader account. Both accounts require minimum deposits of at least $500 and have access to over 50 currency pairs, gold and silver, and even futures. Standard account floating spreads range anywhere from 2 to 5 pips, while Active Trader users have access to spreads as low as 0.4 pips. 

The standard account is reserved for individual retail traders and beginners, while the Active Trader is used by high-volume investors. charges no commissions. US traders get the maximum available 50:1 leverage while international users have access to 400:1 leverage. 

Platforms offers two trading platforms: MetaTrader 4 and their own proprietary software: ForexTrader. There are a few differences between both options. ForexTrader offers 50 currency pairs alongside gold and silver, while their MT4 platform offers 49 currency pairs and no metals. 

Another downside to using's MT4 is they do not allow third party service connections, so automated trading with MT4 isn't an option. ForexTrader, on the other hand, is fully customizable, allows advanced pending order types, and comes with a trader's forum and strategy center. 

Reliability is licensed and regulated by the CFTC and is compliant with the UK's FCA. Their parent company, Gain Capital, is also listed on the NYSE. Traders are covered by up to $50,000 and have negative balance protection. No matter your experience level, you will have no problems depositing and withdrawing money with 

Pros and Cons

Here are some advantages and disadvantages that come with trading on 


  • Licensed and regulated by multiple agencies
  • Ability to trade on an ECN platform
  • Large amount of educational material
  • Positive track record with nearly two decades experience
  • Fast execution 
  • Zero commissions
  • Manageable spreads
  • Solid platform options 


  • is a market maker broker
  • Assets only include currencies and two metals