FX Brokers

Broker/FDM	Regulated By	Leverage	Pip Spread on Majors	Mini Account Size	Normal Account Size	Mobile
	NFA*, CFTC	Up to 100:1	Fixed and variable spreads as low as 2 pips	$200	$200	Yes
	NFA*, CFTC	100 to 1	From 1.8 pips	No Limit	$1,000	Yes
	NFA*, CFTC	100:1 and 200:1	1-2 Pips	$250	$2,500	No
	NFA*, FSAuthority, CFTC, ASIC, FSAgency	Up to 400:1	As low as 1 Pip	$250	$2,500	Yes
	NFA*, FSAuthority, CFTC, ASIC, BCSC, BDF, SFC	200:1* Standard Account 400:1 Micro Account	As low as 1 Pip	Micro Account $25	$2,000	No

* U.S. FCMs regulated by the NFA are compensated through the bid/ask spread as well as activities as a currency dealer. In the US, FDM is the short name of Forex Dealer Member as indicated by the new regulation approved by the NFA in December 2007.