EFOREX — Broker from Panama

Panama looks to be one of the favorite starting grounds for the on-line financial companies that are not yet ready for the serious regulation by NFA or FSA but are willing to show up their identity and provide some real-life office information. EFOREX is one of such companies. This Forex broker is very new, it went on-line in mid 2009. It offers two trading platforms — MetaTrader and WinTrader. Currently only Forex instruments are available for trading. Other features of this broker are:

  • Moneybookers deposit (along with the common credit cards and wire transfer)
  • Flexible leverage
  • Micro and mini accounts
  • Muslim-friendly no-interest accounts

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