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  • FOREXtrader is a globally recognized online trading brokerage who primarily offers trading services for Forex and CFDs. The brokerage adheres to every trader’s needs and is a viable trading brokerage for both beginner and advanced traders. In the following review we discuss the aspects that make up this broker and how it compares to the competition.

Introduction is owned and operated by GAIN Capital UK Ltd. which is a registered company in the UK with registration number 1761813. The company is headquartered at 16 Finsbury Circus, London, EC2M 7EB which puts it under the jurisdiction of the UK’s Financial Conduct Authority (FCA). is regulated by the FCA and adheres to their strict regulatory guidelines. In addition to this regulation, is also protected by the Financial Services Compensation Scheme (FSCA). With connection to these regulatory authorities, traders of can rest assured that their funds are safe. Besides the regulatory compliances, is also very easy to use and has one of the most well-designed websites we have seen for a trading brokerage. The website also supports multiple languages as they are a worldwide trading brokerage. Products has an extensive product list which spans across 200 global markets. The products offered by are available to all traders from around the world and include Forex, Commodities, and CFDs. See their details outline below:


  • 45+ currency pairs including majors, minors, and some exotics
  • Leverage up to 40:1
  • High volatility


  • Metals, energies, and softs can be traded as CFDs
  • 12 commodity CFDs
  • Leverage up to 16.67:1


  • The most popular stock portfolios available for trade
  • 10 index CFDs
  • Leverage up to 33.33:1
  • Global economy exposure Trading Conditions offers their traders trading condition in which are quite favorable. For instance, they offer expert generated trade signals for free for the first 45 days, however after that it becomes a paid service. As well, traders can take advantage of trading on leverage for up to 40:1 for Forex, 16.67:1 for commodities, and 33.33:1 for indices. Also, expert generated trading strategies are available to help traders realize maximum potential. Traders also experience the fastest execution speeds as’s trading platforms are top tier platforms and based on reliable servers. Account Types offers traders only two types of trading accounts; a Standard Trading account and an Active Trading Account. The Active Trading Account is their premium account type and requires a minimum initial deposit of $20,000 to open an account, while the standard trading account only requires a minimum deposit of $50. The accounts differ only in terms of fees, with the Active Trading Account having lower spreads than the Standard Trading Account. Commissions & Fees

As with most online trading brokerages, does not charge any fees through commissions, but rather through the spread. The spreads charged by are competitive and variable with spreads starting as low as 0.84 pips for the premium Active Trading Account. For the standard account spreads typically range from 1.9 pips to as low as 1.5 pips. Traders can receive up to 15% lower fees if they deposit at least $10,000 and make 30 standard trades per month. Platforms and Tools is unique in the fact that they offer traders the ability to trade from 3 different trading platforms known as the Advanced Trading Platform, Web Trader, and MetaTrader 4 (MT4). See these platforms overviewed below.


This platform is’s proprietary trading platform and is very powerful and offers traders a wide array of features and tools including various drawing tools, advanced charting features, and more than 80 technical indicators. As well, traders have access to tried and tested trading strategies and have the ability to code their own.

Web Trader

This platform is great for speed and is compatible with multiple devices and browsers for quick and easy trading. This platform is not as advanced as the one above but features a number of impressive tools for technical analysis and charting. Traders can fully manage their account through this platform.

MetaTrader 4 (MT4)

This trading platform is the most widely used trading platform in the industry and it is loved by many. It’s available for free on the website and has just about every tool and feature a trader would need.

Is Mobile Friendly?

Yes. is fully compatible with all mobile devices. The FOREXTrader platform is optimized for the small screen and supports the same look and feel as the desktop version.  Also, traders can download mobile applications for the MT4 trading platform on both Android and Apple smart devices. Promotions

Unfortunately, does not offer any form of bonuses or promotions for trading on their platform. This is somewhat surprising considering many online trading brokerages offer promotions for high profile clients. The only this offers is a 15% discount for traders who deposit a minimum of $10,000 and make more than 30 trades per month. Deposits & Withdrawals accepts a small but complete variety of deposit and withdrawal methods such as various credit and debit cards, bank wire transfers, and wire transfers vie Sofortbanking. Minimum and maximum transaction amounts for deposits and withdrawals are $30 and $10,000 respectively. Customer Support has very impressive customer support compared with many other online trading brokerages. They offer a variety of support methods that are available 24/7 such as telephone, live chat, email, and through their social media channels. The support options were all very effective and quick with their response times. We found that they respond in a very friendly and professional manner and are quick to answer our questions. Research and Education excels in the area of providing quality and extensive research and educational material for their traders. The website features an extensive education centre that is very well organized with beginner, intermediate, and advanced levels of content. Customers can view numerous webinars, training videos, tutorials, articles, and more via the education centre. Also, the websites FAQ page is very helpful and extensive as well.

Noteworthy Points for

One thing that really stood out to us is the websites design and organized nature. There is so much content packed into that is easily accessible and organized for the trader’s benefit. The trading platforms also stood out to us, as they have a variety of high quality platforms for traders to choose from. Also, the customer support and education centre are very well done and add to the already great customer experience.

Conclusion is a truly competent and reliable online trading brokerage. They offer a variety of trading services spread across numerous global markets. The trading platforms available are exceptional and widely used. It is easy to see that is a quality brokerage offering top of the line trading services.

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