Author: review4forex

FXGiants Review

FXGiants delivers four different accounts to customers and they can be operated on MT4 platform. When you are broker with this enterprise, you will be permitted to select either floating or fixed spreads. Other trading features you will enjoy include market and prompt implementation, and no commission on brokerage operations.

You would have an exclusive account manage and FX Giant provides an Islamic account for Muslim brokers.
The operation of FXGiants does not embrace areas like the US. Iran, Cuba , Syria, and North Korea.

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HotForex Review

HotForex Review Trading Accounts Account type Minimum deposit Minimum trade size Maximum leverage Average Spreads Micro $50 0.01 1:1000 1.2 pip on EUR/USD Premium $500 0.01 1:400 1.2 on EUR/USD Fixed $500 0.01 1:400 1.8 pip on EUR/USD Zero $100 0.01 1:200 0.1 pips on EUR/USD + commission $4 per lot traded (per side) Currenex $500 0.01 1:400 0.2 pips on EUR/USD + commission $5.00 per lot traded (per side) VIP $20,000 0.01 1:300 0.2 pips on EUR/USD + commission $6.00 per lot traded round turn To specifically address trader needs of in different preference categories and experience levels,...

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Forex Islamic Account

One of the most distinctive features of the Islamic Forex account is that it conforms to Islamic interest principle and this has popularized them as a swap-free account. There are no cumulative interests in alignment with Islamic precepts.

Procedures for owning an Islamic account

There are three convenient procedures to creating an Islamic account and they are as follows:

Register to have a brokering account
Confirm the account by logging in with necessary details
Make an appeal for your Islamic account

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Account type Minimum deposit Minimum trade size Maximum Leverage Average Spreads
Standard $100 0.01 1:200 2 pips on EUR/USD, fixed is an online broker that offers all clients a single account type with a maximum leverage level of 1:200 in addition to fixed spreads. It also makes Micro lots available for trade. This broker also provides an interest-free Islamic account that complies with Islamic Sharia Laws.

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InstaForex Review

With InstaForex, clients have 4 account types to choose from. These four account types can be divided into two categories – Standard and Eurica. By depositing just $1 and with a leverage of up to 1:1000, an annual interest of 5% (accrued each month on the last day) and the Cent and Micro account option (with a minimum trade size of 0.0001), all accounts types can be accessed.
Eurica accounts are unusual and differ from standard accounts because they offer Forex trading without spreads while standard accounts which are commission-free offer fixed spreads. However, a commission of 0.03% (equal to a 3-pip spread) applies to all Eurica account trades, InstaForex also provides Islamic (Swap-free) services and PAMM account services – a tool used for collective investing in investment service-related projects. With InstaForex, clients can become a share owner in someone else’s account by investing their funds in the other person’s account.

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