direktbroker FX

Direktbroker-fx offers variable spreads, which are really tight, averaged 0.1 pips on EUR/USD. Even if we add the applicable commission of €2.4 per standard lot/both sides, the trading costs are incredibly low. However, the execution on the demo account is slow, so may be slippage is an issue with this broker. The default leverage with this broker is 1:30, in line with CySEC's latest regulations. The maximum leverage is up to 1:400. I think it is a nice broker but its main disadvantage is the slow execution speed.

Although they do not offer the most comprehensive trading tools when compared to some of the bigger rivals, the services on offer at Direktbroker-FX is overall pretty reliable. Spreads are around the industry average, average 0.1 pips for EURUSD, which is also very competitive. They also offer a variety of account types to choose so you can trade on the level whichever you want.