Forex Broker Inc.

Editorial Rating:
4.33
Accept US Traders:
Yes

Forex Broker Inc Review

About Forex Broker Inc

Forex Broker Inc. is an online Forex trading platform currently welcoming account holders from around the world, including the United States. All platforms are offered through the website which is controlled by Gridley Enterprises SA. This is a corporation registered in the Republic of the Marshall Islands, but all payments are processed through a company located in England.

This Forex Broker Inc review will introduce you to the services offered through www.forexbrokerinc.com and make you aware of any Forex Broker Inc scams that may surface in the future. There are currently no scams to report as this remains a reputable company opening the Forex market to international traders.

Forex Broker Inc. Trading Specifics and Spread Review

After signing up for a trading account, you can trade currencies, commodities, metals, energy products and indices even if you live in the U.S. Leverage ranges from 1:1 to 1:200, depending on which type of account you open.

Spreads vary depending on the account type you open and current conditions in the Forex market. It can go as low as 0.3 pips for Gold and Platinum ECN accounts. For both of these account types, the typical spread for EURUSD and GBPUSD trades is 0.7 pips.

Forex Broker Inc Spread Info

Spreads can drop as low as 1 pip for Platinum Variable Spread accounts, but the typical spreads are higher than with the other account types. Currently, the typical spread for EURUSD is 1.9 pips and the typical spread for GBPUSD trades is 2.3 pips. This is higher than you may find with competing online Forex brokers.

You will learn more about each of these account types later in this Forex Broker Inc review.

Forex Broker Inc Video Review

Check out this compact 3-minute video review of the platform, software, features and spread info at Forex Broker Inc.  As always, created independently at the FxBrokerSearch Video Studios.  

Forex Broker Inc Review: Trading Platform 

This is an important part of all Forex Broker Inc reviews because every trader has unique needs. While some trade while on the go, others prefer the comfort of their home office. You have five platform options when using the Forex Broker Inc system:

  • Metatrader 4
  • MT4 Mobile
  • SIRIX Webtrader
  • FB Mobile
  • SIRIX Tablet

Forex Broker Inc Platform Preview

These platforms blend standard Metatrader 4 software with Webtrader and a mobile app to ensure that traders can access the Forex Broker Inc system from Windows or Mac computers and any type of mobile device. You will learn more about the mobile options in the following section of this Forex Broker Inc review.

Forex Broker Inc Mobile Trading

You can access Forex Broker Inc Android, Blackberry, Nokia Symbian, iPhone, iPad and Windows mobile trading platforms from any account type. Demo accounts and trading accounts are connected through one password, and the Forex Broker Inc mobile system makes it easy to access all accounts while enjoying your life away from home.

Forex Broker Inc mobile preview #1Forex Broker Inc Mobile Preview #2

Forex Broker Inc Currency Information

The Forex Broker Inc system offers nearly 50 currency pairs and a wide range of trading instruments. You can make deposits into your account using U.S. dollars, euros or Japanese Yen.

Account Types at Forex Broker Inc

There are three account types offered through the Forex Brokers Inc system:

 Account Type

Minimum Deposit

Maximum Deposit

Leverage

Commission

Lot Size

Gold ECN Account

$10

$10,00

1:1 -1:500

5 pips

1 micro Lot=1,000 units

Platinum ECN Account

$10

None

1:1-1:200

1 pip

1 standard Lot=100,000 units

Platinum Variable Spread Account

$10

None

1:1-1:200

None

1 standard Lot=100,000 units

Deposits and Withdrawals

You can deposit funds into your trading account through the following services:

  • Visa (no fees, instant processing)
  • Visa Electron (no fees, instant process)
  • MasterCard (no fees, instant processing)
  • Neteller (no fees, instant processing)
  • Wire transfer (no fees, processing within 24 hours)

In order to deposit funds from a credit card, the name on the card must match the name on your trading account.

You can withdraw funds from your account using a credit card, Neteller or wire transfer. The minimum withdraw amount for credit card requests is $10, and it can take up to five business days to complete these requests.

Neteller requires a minimum withdraw amount of $100, and it can take up to five days to complete these requests as well. Neteller offers faster access to your withdrawn funds, but you need a minimum amount of $100 to use this service.

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.