OTC Forex Brokers

Over-the-Counter, OTC Forex Brokers are the most common trading service providers among the Forex market offerings. The deals are conducted via the counter while the broker acts as a market maker for bid and ask prices when the client requests the order. The trading is made between two parties without the supervision of an exchange, while stocks are passed via a dealer network. The advances of OTC providers are their usual bonuses for deposits along with more smooth quotes at volatile conditions. The trading cost in this condition will be a defined make-up –the spread, which is most commonly fixed and is a good advantage to the traders performing long-term deals. Products traded on the exchange must be standardized, thus exchange derivatives are narrowed range, while the trading itself is decentralized and done through improvements in the electronic quotation. There is less transparency and regulation of this exchange, yet Stocks are usually traded OTC since the majority of companies can’t get into the official exchange listing, due to their requirements.

Broker Regulation Detail User Reviews
cmc markets_logo CMC Markets FCA, ASIC, FMA, IIROC, MAS
Min. Deposit: GBP 1,000
Max. Leverage: 1:500
Trading Platforms: CMC Web, CMC Mobile
0 Reviews CMC Markets Review
XTB broker review XTB FCA
Min. Deposit: 250 US$
Max. Leverage: 200:1
Trading Platforms: MT4, xStation 5
0 Reviews XTB Review
FxPro Review FxPro FCA, CySEC, SCB, FSB, DFS
Min. Deposit: 500 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, cTrader, FxPro Markets
3 Reviews FxPro Review
Saxo Bank broker review Saxo Bank FSA, MiFID
Min. Deposit: 2,000 US$
Max. Leverage: 1:100
Trading Platforms: SaxoTraderGo, SaxoTraderPRO
0 Reviews Saxo Bank Review
Swissquote Review Swissquote FINMA, FCA, MFSA, SFC, DFSA
Min. Deposit: 1,000 US$
Max. Leverage: 1:100
Trading Platforms: eTrader
0 Reviews Swissquote Review
Abshire Smith Review Abshire Smith FCA
Min. Deposit: 250 US$
Max. Leverage: 1:400
Trading Platforms: VertexFX10, MT4, Straticator
0 Reviews Abshire Smith Review
Wise Trader Review Wise Trader CySEC
Min. Deposit: 250 US$
Max. Leverage: 1:200
Trading Platforms: WiseTrader WebPlatfrom
0 Reviews Wise Trader Review
INGOT Brokers Review INGOT Brokers ASIC
Min. Deposit: 0 US$
Max. Leverage: 1:100
Trading Platforms: MT4, MT5
0 Reviews INGOT Brokers Review
BDSwiss Review BDSwiss CySEC, FSC
Min. Deposit: 200 US$
Max. Leverage: 1:400
Trading Platforms: MT4
0 Reviews BDSwiss Review
Spreadex Review Spreadex FCA
Min. Deposit: 0 US$
Max. Leverage: 1:200
Trading Platforms: Spreadex platfrom
0 Reviews Spreadex Review