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27 Best Forex Brokers that support Perfect Money payments

 

Overview

When choosing a Forex broker, one of the most important factors to consider is the ease with which deposits and withdrawals can be made to and from the trading account.

 

 

Perfect Money is an online payment system that is efficient, designed for businesses and individuals, and serves multiple purposes. It can be used for buying Forex, purchasing assets, paying for goods and services, and the sending and receiving of funds.

 

 

Perfect Money was developed in 2006 and has provided smooth and efficient services in all the years that it has been in operation. It is offered and supported by numerous Forex brokers as a flexible payment method for the deposit/withdrawal of funds.

 

Here are our Top 10 Handpicked Best Forex Brokers that support Perfect Money payments:

 

 

Let’s get started with the full breakdown of the 27 Best Forex Brokers that support Perfect Money payments.

 

Alpari

 

Overall Rating

4.7/5

Rated #70 of 
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FSC 

📱 Trading Desk

MT4, MT5

Crypto

Yes

📈 Total Pairs

48

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Established in 1998 in Russia, Alpari is a well-regulated and reputable broker which has more than 2 million registered traders from over 150 countries worldwide.

Alpari provides superior, comprehensive trading solutions and services to its clients and offers tight spreads, low commissions, adequate leverage, powerful trading platforms, and an array of payment methods for account funding.

 

Pros and Cons

✔️PROS ❌CONS
Strict regulation Several countries are restricted from making use of Alpari’s services including the US, Japan, and more.
A longstanding history of superb service Limited tradable financial instruments offered
MetaTrader 4 and MetaTrader 5 offered Fixed spread accounts not offered
PAMM Accounts offered
Customer support is more than 30 languages

 

Features

Feature Information
Regulation FSC, FSA
Minimum deposit from $5
Average spread from 0.4 pips
Commissions from $1.5 per lot per side
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:1000
Bonuses Yes
Customer Support 24/5

 

eToro

 

Overall Rating

4.8/5

Rated #20 of
Recommended FX Brokers

💰Minimum Deposit

USD 50

🌐 Regulators

CySec, FCA 

📱 Trading Desk

No Trading Desk

Crypto

Yes

📈 Total Pairs

47

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

* Etoro has lowered the amount of the minimum FTD to $ 50 for the following countries: Germany, Austria, Netherlands, Norway, UK, Ireland, Spain, Italy, Sweden, Switzerland.

 

Overview

eToro has been in operation since 2006 and is not only a reputable broker but also the leading social trading platform in the industry. Traders can share and copy signals in the online community, in addition to trading various financial instruments.

eToro offers its proprietary platform through which trades can be executed with the benefit of zero-commission trading, low trading, non-trading fees, and more.

 

Pros and Cons

✔️PROS ❌CONS
Strictly regulated US Clients not allowed
Zero commission charges Fixed spread accounts not provided
Large online trading community MetaTrader not offered
Social trading supported
Variety of financial instruments provided

 

Features

Feature Information
Regulation ASIC, FCA, CySEC
Minimum deposit from $200
Average spread from 3 pips on EUR/USD
Commissions from $0
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:400
Bonuses None
Customer Support 24/6

 

NordFX

 

Overall Rating

4.3/5

Rated #139 of
Recommended FX Brokers

💰Minimum Deposit

USD 10

🌐 Regulators

VFSC

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

33

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Established in 2008, NordFX is an online trading broker which offers CFD and Forex instruments that traders can trade through the provision of the popular and highly customizable MetaTrader 4.

Traders are provided with some of the best trading conditions when using NordFX to facilitate their trades including tight spreads, low commissions, adequate leverage, and more.

 

Pros and Cons

✔️PROS ❌CONS
Strictly regulated Limited financial instruments
High leverage up to 1:1000 Lack of daily market analysis
Low minimum deposit requirements Social trading not offered
PAMM Accounts offered US Clients not allowed
Discounted VPS access offered

 

Features

Feature Information
Regulation VFSC, CySEC
Minimum deposit from $10
Average spread from 0.0 pips
Commissions from 0.0035%
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:1000
Bonuses None
Customer Support 24/5

 

JAFX

 

Overall Rating

4.5/5

Rated #448 of
Recommended FX Brokers

💰Minimum Deposit

USD 10

🌐 Regulators

Not Regulated

📱 Trading Desk

Meta Trader 4

Crypto

Yes

📈 Total Pairs

50

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

JAFX, established in 2016, is an online trading broker with the goal of providing traders with unparalleled levels of service pertaining to liquidity, execution, trading conditions, and dedicated customer service.

JAFX offers traders competitive trading conditions, competitive spreads, low commissions, and fast execution speeds. Traders have access to a range of financial instruments which can be traded through the popular MetaTrader 4 trading platform.

 

Pros and Cons

✔️PROS ❌CONS
MetaTrader offered Broker not regulated
A decent variety of cryptocurrencies offered Limited payment methods offered
Crypto trading 24/7 Limited non-crypto financial instruments
No education
No additional trading tools

 

Features

Feature Information
Regulation None
Minimum deposit from $10
Average spread from 0.4 pips
Commissions from $4
Deposit/Withdrawal Fees Some fees may apply
Maximum Leverage 1:500
Bonuses None
Customer Support 24/7

 

Swiss Markets

 

Overall Rating

4.9/5

Rated #533 of
Recommended FX Brokers

💰Minimum Deposit

USD 200

🌐 Regulators

FINMA

📱 Trading Desk

Meta Trader 4

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Established in 2016, Swiss Markets is an online trading broker which offers Forex and CFD instruments that can be traded through MetaTrader 4. Swiss Markets works to ensure that the trading needs and expectations of its clients are met and exceeded.

When trading through Swiss Markets, traders can expect competitive trading conditions, transparent, and reliable STP trading, and more.

 

Pros and Cons

✔️PROS ❌CONS
Regulated broker US Clients not allowed
STP execution Lack of education
MetaTrader offered The market analysis not offered
Adequate account funding options Restricted leverage
Prompt and dedicated customer care

 

Features

Feature Information
Regulation CySEC, FSC, NFA
Minimum deposit from $200
Average spread from 0.0 pips
Commissions from $5
Deposit/Withdrawal Fees Some fees may apply
Maximum Leverage 1:30
Bonuses None
Customer Support 24/5

 

4xCube

 

Overall Rating

4.3/5

Rated #272 of
Recommended FX Brokers

💰Minimum Deposit

USD 5

🌐 Regulators

FSC 

📱 Trading Desk

no dealing desk

Crypto

Yes

📈 Total Pairs

18

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

4xCube is an FSC-regulated ECN and STP broker based in the Cook Islands. 4xCube offers traders the opportunity to trade in global markets through the provision of more than 80 financial instruments spread across five asset classes.

4xCube offers the use of MetaTrader 4 through which trades can be executed in addition to its own proprietary web- and Android trading platform, CubeTrader. Traders are offered competitive trading conditions, ECN accounts, and more.

 

Pros and Cons

✔️PROS ❌CONS
Low minimum deposit Offshore regulation
Adequate leverage of 1:400 US Clients not allowed
Social trading tools offered Limited education
User-friendly trading platform Stock trading not supported
VPS Hosting offered

 

Features

Feature Information
Regulation FSC
Minimum deposit from $5
Average spread from 0.1 pips
Commissions from $0
Deposit/Withdrawal Fees Some fees may apply
Maximum Leverage 1:400
Bonuses None
Customer Support 24/5

 

ACY Securities

 

Overall Rating

4.8/5

Rated #489 of
Recommended FX Brokers

💰Minimum Deposit

USD 50

🌐 Regulators

ASIC AFSL

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

60+ ECN pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

ACY

 

Overview

ACY Securities has been in operation since 2013 and is an STP and ECN broker based in Australia. ACY Securities is overseen, authorized, and regulated by ASIC in offering traders competitive trading conditions.

Traders have access to an array of financial instruments in addition to transparent fee schedules, client-focused services, innovative trading technology, and more.

 

Pros and Cons

✔️PROS ❌CONS
Well-regulated No US Clients
MAMM and PAMM Accounts are available Demo Accounts only valid for 30-days
MT4 and MT5 offered

 

Features

Feature Information
Regulation ASIC, VFSC
Minimum deposit from $50
Average spread from 1 pip
Commissions from $0
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:500
Bonuses Yes
Customer Support 24/5

 

CapTrader

 

Overall Rating

4.4/5

Rated #356 of
Recommended FX Brokers

💰Minimum Deposit

USD 2000

🌐 Regulators

BaFin, FCA, ASIC

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

22

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

CapTrader is an online broker that has been in operation since 1997. It offers DMA, or direct market access, to more than 1.2 million traders in 31 countries. CapTrader offers to trade in more than 125 global exchanges including Forex, commodities, futures, and more.

CapTrader is an introducing broker for Interactive Brokers, which is one of the most reputable and largest online brokers. Traders are offered competitive trading conditions in addition to powerful trading platforms, and more.

 

Pros and Cons

✔️PROS ❌CONS
Well-regulated High minimum deposit
Powerful and intuitive trading platforms MetaTrader not offered
Advanced trading tools Limited account funding
Competitive fees Limited CFD trading instruments
Managed accounts offered Social trading is not supported

 

Features

Feature Information
Regulation BaFin, FCA
Minimum deposit from $2,000
Average spread from Not indicated
Commissions from $1
Deposit/Withdrawal Fees Some fees may apply
Maximum Leverage 1:30
Bonuses Yes
Customer Support 24/5

 

Tradesto

Overview

Tradesto is an ECN broker based in Saint Vincent and the Grenadines with offices in Kingstown and London. Tradesto offers traders a great variety of financial instruments which can be traded through MetaTrader 4.

Traders are offered competitive trading conditions, multiple account funding options, and more when using Tradesto to facilitate their trading.

 

Pros and Cons

✔️PROS ❌CONS
Well-regulated The US and some other jurisdictions restricted
MetaTrader 4 offered Not the cheapest fees
Multiple account funding options Cryptocurrency trading not offered

 

Features

Feature Information
Regulation ASIC, VFSC
Minimum deposit from $100
Average spread from 0.0 pips
Commissions from $10
Deposit/Withdrawal Fees Some fees may apply
Maximum Leverage 1:500
Bonuses None
Customer Support 24/5

 

10CFDs

Overview

10CFDs is a CFD broker with headquarters in Belize and Estonia. Traders are offered flexible and customizable access to global markets. When trading through 10CFDs, traders have access to more than 1,000 financial instruments.

10CFDs offers traders a variety of funding options along with competitive trading conditions, tight spreads, low commissions, no commissions on trades, and more.

 

Pros and Cons

✔️PROS ❌CONS
Multiple account types to choose from Offshore regulated
Wide variety of trading tools Higher than the average minimum deposit
Adequate education Spreads have mark-up
Competitive trading conditions US Clients not allowed
More than 1,000 financial instruments

 

Features

Feature Information
Regulation IFSC
Minimum deposit from $250
Average spread from Not indicated
Commissions from None
Deposit/Withdrawal Fees Some fees may apply
Maximum Leverage 1:200
Bonuses Yes
Customer Support 24/5

 

Markets-Soft

Overview

Markets-Soft is an online trading broker which provides traders from around the world with access to more than 1,000 financial instruments. These instruments can be traded through powerful trading platforms using competitive trading conditions.

Traders are adequately protected through Markets-Soft’s use of encryption technology akin to that of international banks and major online retailers. Traders have access to cutting-edge technology, innovation, financial proficiency, and more.

 

Pros and Cons

✔️PROS ❌CONS
Flexible trading platforms offered Unregulated
Multiple account types offered MetaTrader not offered
More than 1,000 financial instruments Spreads have mark-up
A variety of useful trading tools US Clients not allowed
Selection of educational resources

 

Features

Feature Information
Regulation None
Minimum deposit from $250
Average spread from Not indicated
Commissions from None
Deposit/Withdrawal Fees Some fees may apply
Maximum Leverage 1:200
Bonuses None
Customer Support 24/6

 

Monfex

Overview

Monfex is an online trading broker which provides traders with more than 200 financial instruments including Forex, indices, commodities, and more. These can be traded through powerful trading platforms using Monfex’s competitive trading conditions.

Monfex has more than 20,000 registered users from more than 25 countries. Traders can expect the provision of useful trading tools, educational resources, and dedicated 24/7 customer support.

 

Pros and Cons

✔️PROS ❌CONS
Multiple trading platforms offered Unregulated
More than 200 financial instruments US Clients not allowed
Good selection of educational tools and resources Limited account options
Competitive trading conditions Limited account funding
Useful trading tools offered

 

Features

Feature Information
Regulation None
Minimum deposit from $100
Average spread from Not indicated
Commissions from $0
Deposit/Withdrawal Fees Some fees may apply
Maximum Leverage 1:400
Bonuses None
Customer Support 24/7

 

Daxbase

Overview

Daxbase is an online CFD broker which offers traders access to global markets. Traders can trade in Forex, stocks, and cryptocurrencies using Daxbase’s competitive trading conditions.

 

Pros and Cons

✔️PROS ❌CONS
Multiple account options Unregulated
Range of funding options Offshore broker
Multilingual support MetaTrader not offered
Multiple financial instruments Limited education
US Clients not allowed

 

Features

Feature Information
Regulation None
Minimum deposit from $250
Average spread from Not provided
Commissions from None
Deposit/Withdrawal Fees None
Maximum Leverage 1:100
Bonuses Yes
Customer Support 24/7

 

Yadix

 

Overall Rating

4.4/5

Rated #572 of 
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FSA

📱 Trading Desk

MT4

Crypto

No

📈 Total Pairs

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Based in Seychelles, Yadix is an STP online trading broker that offers multiple trading platforms, an impressive range of financial instruments, and more.

Yadix ensures that orders are sent directly to LPs as it works according to an NDD model, ensuring fast execution and the best possible pricing for traders who use Yadix to facilitate their trades.

 

Pros and Cons

✔️PROS ❌CONS
MetaTrader 4 offered Offshore broker
Range of useful trading tools offered US Clients not allowed
Adequate education MetaTrader 5 not offered
Multiple financial instruments No FIX API for DMA
Various account funding methods Not the lowest commission charges

 

Features

Feature Information
Regulation FSA
Minimum deposit from $100
Average spread from 0.0 pips
Commissions from $5
Deposit/Withdrawal Fees Some fees may apply
Maximum Leverage 1:500
Bonuses Yes
Customer Support 24/5

 

Atirox

Overview

Established in 2015, Atirox is an online trading broker offering trade-in various financial instruments. Trades can be executed through the powerful MetaTrader 4 and traders can enjoy the benefits of Atirox being an STP and ECN broker.

Atirox offers traders competitive trading conditions including tight spreads, low commissions, low minimum deposits, high maximum leverage, and more.

 

Pros and Cons

✔️PROS ❌CONS
MetaTrader 4 offered Offshore broker
Range of trading tools provided US Clients not allowed
Education adequate MetaTrader 5 not offered
Multiple financial instruments
Variety of funding options

 

Features

Feature Information
Regulation FSA
Minimum deposit from $1
Average spread from 0.05 pips
Commissions from None
Deposit/Withdrawal Fees Some fees may apply
Maximum Leverage 1:1000
Bonuses Yes
Customer Support 24/5

 

FBS

 

Over 16 000 000+ Traders

Overall Rating

4.7/5

Rated #71 of
Recommended FX Brokers

💰Minimum Deposit

USD 1

🌐 Regulators

IFSC, FSCA (south africa), ASIC, CySEC

📱 Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

📈 Total Pairs

250

☪️ Islamic Account

No

📊 Trading Fees

Low

Welcome bonus

$140 (Find out More)

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

FBS

 

Overview

FBS is a Belize-based ECN and STP broker which is overseen, regulated, and authorized by IFSC and CySEC. FBS serves millions of traders from over 150 countries worldwide.

FBS offers traders competitive trading conditions including tight spreads, low commission charges, access to numerous financial instruments, and more.

 

Pros and Cons

✔️PROS ❌CONS
Well-regulated Several countries restricted including the US, UK, Japan, Israel, and others
Ultra-low minimum deposit requirement Limited tradable assets
Social trading supported High spreads on some accounts
Multiple account types offered Limited trading platform and tools offered
Competitive trading conditions

 

Features

Feature Information
Regulation IFSC, CySEC
Minimum deposit from $1
Average spread from 0.0 pips
Commissions from $6
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:3000
Bonuses Yes
Customer Support 24/7 – multilingual

 

PaxForex

 

Overall Rating

4.2/5

Rated #492 of
Recommended FX Brokers

💰Minimum Deposit

USD 10

🌐 Regulators

FSA

📱 Trading Desk

Meta Trader 4

Crypto

Yes

📈 Total Pairs

60

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Established in 2011, PaxForex is a CFD and Forex broker. PaxForex was founded by professional traders to cater to others more efficiently.

PaxForex offers flexible and reliable trading solutions, services, and a dynamic trading environment. Traders can expect competitive trading conditions when trading through PaxForex.

 

Pros and Cons

✔️PROS ❌CONS
Low minimum deposit requirements Not regulated
Research offered Limited trading instruments
Multiple account types to choose from US and Japan Clients not allowed
Multilingual customer support
Free VPS and training resources provided

 

Features

Feature Information
Regulation None
Minimum deposit from $10
Average spread from 0.4 pips
Commissions from $0
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:500
Bonuses None
Customer Support 24/5

 

LiteForex

 

Overall Rating

4.7/5

Rated #204 of
Recommended FX Brokers

💰Minimum Deposit

USD 50

🌐 Regulators

CIF

📱 Trading Desk

Meta Trader 4, Meta Trader 5

Crypto

Yes

📈 Total Pairs

84

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

LiteForex is an online trading broker which has been in operation since 2005. LiteForex offers the trade in both Forex and CFDs which can be traded through the MetaTrader 4 trading platform.

LiteForex has offices in Asia, Africa, and Europe, and offers its clients tight spreads, social trading opportunities, and decent execution speeds through its ECN network and model.

 

Pros and Cons

✔️PROS ❌CONS
Social trading supported and offered US, Israel, and Japan clients not allowed
MetaTrader offered Limited financial instruments
Advanced trading tools offered Commission fees are not the cheapest
Dedicated, multilingual customer support No free VPS access

 

Features

Feature Information
Regulation CySEC
Minimum deposit from $50
Average spread from 0.0 pips
Commissions from $5 per lot
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:500
Bonuses Yes
Customer Support 24/5

 

Fibogroup

Overview

Fibogroup is a global facilitator and provider of Forex and CFD trading which is headquartered in Cyprus and in operation since 1998. Fibogroup has offices in Australia, Germany, and China, and serves numerous traders from around the globe.

Fibogroup provides traders with an array of financial instruments which can be traded over powerful trading platforms. In addition, traders can expect competitive trading conditions, tight spreads, low commission charges, advanced technical solutions, and more.

 

Pros and Cons

✔️PROS ❌CONS
PAMM Accounts offered Market Maker broker
Flexible trading platforms Limited tradable financial instruments
Social trading supported Limited education
Multiple account types offered USA, Australia, Iraq, Belgium, Austria, and other countries not allowed
Multilingual customer support

 

Features

Feature Information
Regulation FSC BVI, CySEC
Minimum deposit from $1
Average spread from 0.0 pips
Commissions from 0.003%
Deposit/Withdrawal Fees Some fees may apply
Maximum Leverage 1:1000
Bonuses Yes
Customer Support 24/5

 

FxGlory

 

Overall Rating

4.4/5

Rated #91 of
Recommended FX Brokers

💰Minimum Deposit

USD 1

🌐 Regulators

Not Regulated 

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

29

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Established in 2011, FxGlory is an online broker which offers the trade in Forex and CFDs through the popular and powerful MetaTrader 4. Headquartered in UAE, but with offices in Saint Vincent and the Grenadines, and Malaysia, FxGlory serves traders globally.

FxGlory offers comprehensive trading solutions and conditions including high leverage, commission-free trading, swift executions, and more.

 

Pros and Cons

✔️PROS ❌CONS
Swap-free accounts offered Unregulated
Fixed spread accounts offered Limited financial instruments
Low minimum deposit Limited trading platforms
Multiple funding options No ECN execution model
24/7 dedicated customer support Variable spread accounts not offered

 

Features

Feature Information
Regulation None
Minimum deposit from $1
Average spread from 0.1 pips
Commissions from None
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:3000
Bonuses Yes
Customer Support 24/7

 

FortFS

 

Overall Rating

4.7/5

Rated #244 of
Recommended FX Brokers

💰Minimum Deposit

USD 5

🌐 Regulators

📱 Trading Desk

Meta Trader 4, Meta Trader 5

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

FortFS has been in operation since 2010 and offers the online trading of Forex, CFDs, and Futures with more than 500 financial instruments spread between these asset classes.

FortFS makes adequate provision for competitive trading conditions and offers traders trading tools, multiple account funding options, and more.

 

Pros and Cons

✔️PROS ❌CONS
Access to powerful trading platforms Offshore regulation
Managed account options offered US Clients not allowed
Social trading supported Limited financial instruments
Trading tools available

 

Features

Feature Information
Regulation IFSC
Minimum deposit from $5
Average spread from 0.3 pips
Commissions from $10
Deposit/Withdrawal Fees Yes
Maximum Leverage Yes
Bonuses 1:1000
Customer Support 24/5

 

FreshForex

 

Overall Rating

4.7/5

Rated #233 of
Recommended FX Brokers

💰Minimum Deposit

USD 10

🌐 Regulators

📱 Trading Desk

Metatrader 4 

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Established in 2004, FreshForex is a Forex and CFD broker which offers its comprehensive services to traders from around the world. FreshForex is an ECN and NDD broker which provides traders with adequate execution speeds and prices from top LPs.

FreshForex facilitates the trade in more than 130 financial instruments through the popular and user-friendly MetaTrader 4. In addition, FreshForex supports and welcomes all trading styles and strategies.

 

Pros and Cons

✔️PROS ❌CONS
Both fixed and variable spreads offered Unregulated
Minimum deposit not required North Korea, Spain, UK, and US Clients not accepted
Daily analysis and trading signals offered Spreads are marked-up
VPS offered Limited range of financial instruments
MetaTrader 4 offered along with flexible account options

 

Features

Feature Information
Regulation None
Minimum deposit from $0
Average spread from 0.0 pips
Commissions from $0
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:2000
Bonuses Yes
Customer Support 24/5

 

USGFX

 

Overall Rating

4.7/5

Rated #314 of 
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FCA

📱 Trading Desk

No dealing desk

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

USGFX has been in operation since 2005 and is an Australian investment firm. USGFX offers the trade in more than 60 Forex and CFD financial instruments through MetaTrader trading platforms.

Traders are provided with competitive trading conditions and fast executions along with low slippage, and minimum requotes due to the servers being in London and Hong Kong.

 

Pros and Cons

✔️PROS ❌CONS
Well-regulated Limited trading instruments
Social trading offered High withdrawal fees
Market news and technical analysis provided US and Japan Clients not accepted
Adequate education Spreads and commission fees are not the lowest
MetaTrader offered

 

Features

Feature Information
Regulation FCA, ASIC
Minimum deposit from $100
Average spread from 1.3 pips
Commissions from $10
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:500
Bonuses 24/5
Customer Support

 

JustMarkets

 

Overall Rating

4.4/5

Rated #72 of
Recommended FX Brokers

💰Minimum Deposit

USD 1

🌐 Regulators

FSA, CySec

📱 Trading Desk

MT4, MT5, MT4/5 WebTrader, mobile (iOS & Android)

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

JustMarkets has been in operation since 2012 and provides access to trade Forex online. Traders have access to more than 170 financial instruments in addition to superb prices due to aggregation from 18 of the largest banks in the world.

JustMarkets offers traders some of the best trading conditions, access to popular trading platforms, a choice between multiple tailormade accounts, trading tools, market analysis, managed accounts, and more.

 

Pros and Cons

✔️PROS ❌CONS
Mam accounts offered Offshore regulation
Social trading supported US Clients not allowed
Trading tools offered Withdrawal fees charged
MetaTrader 4 and 5 offered Commission charges are not the lowest
Adequate education

 

Features

Feature Information
Regulation FSA
Minimum deposit from $1
Average spread from 0.0 pips
Commissions from $8
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:3000
Bonuses Yes
Customer Support 24/7

 

SuperForex

 

Overall Rating

4.5/5

Rated #195 of
Recommended FX Brokers

💰Minimum Deposit

USD 1

🌐 Regulators

IFSC

📱 Trading Desk

Meta Trader 4

Crypto

Yes

📈 Total Pairs

300

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Established in 2013, SuperForex is an online broker which offers the trading of more than 300 Forex and CFD instruments. Traders can execute their trades through the powerful MetaTrader 4 trading platform and have access to competitive trading conditions.

SuperForex has more than 200,000 registered traders from around 150 countries worldwide. SuperForex offers traders competitive spreads, high leverage, a low minimum deposit, and more.

 

Pros and Cons

✔️PROS ❌CONS
Managed accounts offered Offshore regulation – which is not ideal
Social trading offered US Clients not accepted
Multiple trading tools supplied No choice between trading platforms
Education provided Spreads are not the tightest
MetaTrader 4 offered

 

Features

Feature Information
Regulation IFSC
Minimum deposit from $1
Average spread from 2 pips EUR/USD
Commissions from None
Deposit/Withdrawal Fees Yes
Maximum Leverage 1:1000
Bonuses Yes
Customer Support 24/5

 

MultiBank Exchange Group

 

Overall Rating

4.5/5

Rated #50 of
Recommended FX Brokers

💰Minimum Deposit

$50

🌐 Regulators

ASIC, BAFIN, CNMV, FMA, DFSA, TFG, HKCE, AUSTRAC, VFSC, CIMA

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

55+

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Overview

Established in 2005, MultiBank Exchange Group is a reputable STP and ECN broker which is based in Hong Kong. MultiBank Exchange Group is regulated by a multitude of strict, demanding regulatory entities in providing the trade of Forex and CFD instruments.

Traders have access to more than 1,000 financial instruments which can be traded through powerful trading platforms. MultiBank Exchange Group provides competitive trading conditions, social trading opportunities, multiple funding methods, and more.

 

Pros and Cons

✔️PROS ❌CONS
Well-regulated by several regulatory entities No US Clients
Social trading offered Inactivity fee of $60 charged on dormant accounts
Competitive trading conditions Fixed spread accounts not offered
Tight spreads
Low commission charges

 

Features

Feature Information
Regulation ASIC, BaFin, FMA, CNMV, RAK, FSC BVI, CIMA
Minimum deposit from $50
Average spread from 0.1 pips
Commissions from $3
Deposit/Withdrawal Fees No
Maximum Leverage 1:500
Bonuses Yes
Customer Support 24/5

 

FAQ’s

 

What is Perfect Money?

Perfect Money is an online payment system that is efficient, designed for businesses and individuals, and serves multiple purposes.

 

Is it safe to use Perfect Money?

Yes. Perfect Money has been used for many financial purposes since its inception. It is a safe and reliable payment method to use when depositing/withdrawing funds to/from a trading account.

 

Which Forex brokers offer Perfect Money as a payment method?

The brokers mentioned and discussed on this list offer Perfect Money as a payment method when depositing/withdrawing funds.

 

Do these Forex brokers charge deposit/withdrawal fees?

Some brokers charge either deposit or withdrawal fees, often both, traders will need to ensure that they thoroughly research the fees involved before registering a live trading account.

 

Are these Forex brokers regulated and safe to use/trust?

Not all the Forex brokers on this list are regulated, this does not mean that they are scam brokers. Traders are however cautioned against unregulated brokers as client fund security cannot always be guaranteed.

 

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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