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ADM Derivatives Forex Broker Review
About ADM Derivatives Forex Broker
ADM Derivatives Forex Broker is based in the US, and is under the Archer Daniels Midland Company. Their main office is located in Chicago, but they claim to have about 250 offices all over the world. ADM Derivatives Forex Broker also owns up to as much as 26,000 employees, and a net worth of $44 billion.
The minimum deposit to open an account with ADM Derivatives Forex Broker is $2,000, something that most novice forex traders cannot afford to lose. It is advisable for those who are new to the forex trading world to open an account with a company that has mini accounts available, before they move in with the big players like ADM Derivatives Forex Broker.
One of the good things about ADM Derivatives Forex Broker, aside from them being a well capitalized company, is that they do not charge for any fees or commissions. However, ADM Derivatives Forex Broker does not support MetaTrader 4, which is a huge downside.
Basic Broker Details
| Site | http://www.admd.com |
| Country of Origin | USA |
| Accepted Deposit Modes | |
| Withdrawal Method | |
| Leverage | 100:1 maximum |
| Regulation Body | Under Archer Daniels Midland Company, a publicly traded company in the US |
| Spread | 2-3 pips (EUR or USD) |
| Minimum Account Requirement | $2,000 |
Pros of ADM Derivatives Forex Broker
* Wholly owned subsidiary of Archer Daniels Midland Company, a big US company
Cons of ADM Derivatives Forex Broker
* No MetaTrader 4 support
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