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Top 100 Forex Brokers List USA Based Forex Trading Broker Review


Below is a Forex review of online forex broker forex trading broker is based in the USA. Below is a list of the most common questions about that traders ask about this broker. is owned by Spottraderfx, 57 Danvers Lane LLC.

Forex Broker reviews -



Where is currency broker based

Spot-Trader is based in the USA, its address is:


190 Lauman Lane,
Hicksville, NewYork  11801,


Is a licensed and regulated Forex broker

Details of the license, registration and regulation of this FX broker can be found on the broker’s website.


Spot-Trader is regulated in the USA by National Futures Association, NFA, License Number 0393266.


What is the execution method of

Spot-Trader provides two execution methods:


ECN, electronic Communication Network and STP, Straight Through Processing of forex orders.

Market Maker Dealing Desk execution of orders

Spot-Trader regulation by NFA means Spot-Trader implement FIFO, First In First Out, Traders must open trades in the same order and close trades in the same order, therefore you need to program this on your expert advisor if you trade with automated trading robots.



Financial Instruments provided for trading by




What are the forex account types of

Forex broker

  • Standard Account


Maximum leverage 50:1



Does have Islamic Forex Trading Accounts

Spot-Trader does not provide swap free Islamic Accounts


What are the terms for demo accounts for

30 days forex demo trading account is provided for practice forex trading


How is the withdraw and deposit process of

Bank wire money transfer method is provided for deposit and withdraw of funds.


What is the minimum account opening capital for



$250 is the Minimum account opening deposit


Does give an account opening deposit bonus

Spot-Trader does not give an account opening deposit bonus


What is the security and reliability of

What is the broker rating for security and reliability


Spot-Trader is regulated in the USA by National Futures Association



Does accept forex scalping

Spot-Trader execution method may not necessarily allow scalping forex trading


Does give free forex education to traders

This broker does not provide a learn currency trading education for forex trading online.



What are the trading platforms of currency broker


Metatrader4 MAM

Mobile Trader


Is a MetaTrader 4 Forex broker provides MetaTrader 4 software which is the best platform according to reviews.


The platform MetaTrader 4 can be downloaded from the brokers’ website.



Does allow automated forex trading

The broker automated trading policy on automated trading is:


Spot-Trader allows Expert Advisors automated trading on their MetaTrader 4 platform.



What are broker website information sections

The website information sections are:


Forex Trading Accounts Section: where traders will find information about forex accounts such as demo practice account and live forex accounts provided by this Currency broker. Traders wanting to start trading can open an account from this section.


Contact Section: there is a section of contacts for this fx broker, where a trader can contact this forex broker.


Platforms Section: this section provides platforms where a trader can choose one for tradng.


Forex Trading Resources and Forex Glossary of terms sections: for definitions of various forex trading terms.




Limited Time 100% Account Opening Bonus - Open Account

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Regulated Broker