Editor’s Verdict
Overview
Review
Headquarters | Marshall Islands |
|---|---|
Year Established | 2012 |
Execution Type(s) | No Dealing Desk |
Minimum Deposit | $100 |
Trading Platform(s) | MetaTrader 4, Sirix |
Islamic Account | |
Signals | |
US Persons Accepted? | |
Managed Accounts |
Forex Broker Inc is a highly reputable Forex broker. It does its absolute best to increase its traders’ profits through its various bonus plans and trading tournaments. It is also one of the very few brokers in the industry to welcome USA traders. The appealing website is extremely easy to use and simple to navigate and it offers some of the best and most highly-regarded trading platforms in the industry.
Trading Platform
Forex Broker Inc provides the incomparable MT4 platform, Sirix Trader, iPhone Trader and Sirix Tablet. It offers traders more than 50 currency pairs to choose from including majors, minors and exotics with flexible leverage up to 1:500 and access to interbank liquidity narrowing spreads as low as 0.3 pips. They also trade in spot metals, CFDs and energies. There are no fees for deposits or withdrawals.
Forex Broker Inc has just officially launched the highly praised Sirix Station platform which traders can now download to all PC types. The Sirix Station provides a solution for those traders who prefer trading and monitoring their trades on a downloadable platform. It can be completely synchronized with the other Sirix trading platforms so traders can create one account with multiple platforms.
Bonuses
One of Forex Broker Inc’s impressive attributes is its generous bonus structure that fits the needs of all kinds of traders, whether they are beginners or experienced Forex traders. First comes its VIP Status Account which offers clients a 100% Welcome Bonus (maximum bonus of $5000) and a 35% Loyalty Bonus (maximum bonus of $3500) to valuable clients. Traders with this type of account must deposit with Bank Wire in order to benefit from the great VIP program.
For those who are not VIP Status Account holders and prefer to deposit via Neteller or Credit Card can also benefit from Welcome and Loyalty Bonuses. Although the bonuses are lesser than those of the VIP, they are still highly attractive. Take for instance, the 40% Welcome Bonus and 20% Loyalty Bonus by depositing with Neteller!
Along with these promotions are the exciting tournaments and raffles. Forex Broker Inc brings extra fun and competition to its traders with its monthly Forex Freeroll Tournament and its regular VIP Status Tournament which is especially for VIP account holders. VIP account holders can also take part in monthly raffles while others can enjoy the Non-Farm Payroll Competition.
Forex Broker Inc is a global company registered in the Marshall Islands, with its headquarters in Belize and the European Offices in Malta. Live support is provided 24/7 and there is a toll free number.
Features
The regulations set by the regulatory authorities of US have become stricter so finding a Forex broker who is willing to accept U.S regulations and policies is not easy. Forex Broker Inc is one of a handful of brokers that have taken upon themselves the strict scrutiny of U.S. regulators and this offers Forex traders a greater degree of comfort and trust in the company.
In addition, there are many good features at Forex Broker. The choice of four different accounts is beneficial and the bonuses are one of the highest in the industry. The two platforms, Sirix and MetaTrader 4 are the most popular platforms in the market and are easily navigated.
Trading Platform
MT4 | |
|---|---|
MT5 | |
cTrader | |
Proprietary Platform | |
Automated Trading | |
Guaranteed Stop Loss | |
Scalping | |
Hedging | |
OCO Orders | |
Interest on Margin |