Traders’ voting has made significant changes to the standings of numerous brokers in the rating arranged by .
Over 15 independent criteria have been used in the rating. As you can see, previously decided to publish preliminary results in order to show what impact each of the criteria has on the rating.
The latest changes are connected with independent traders’ comments at the local forum for traders and investors. Each positive comment added 2 points to the rating of the broker in question while a complaint removed 2 points.
What is the TOP10 of Masterforex-V rating of FX brokers?
Number 1 of the ultimate league is occupied by FIBO Group, which has slightly outpaced the former leader FOREX.com. FIBO Group managed to become the leader thanks to positive feedback (there was only one complaint) left by its clients.
The 2nd place of the league belongs to FOREX.com. It used to be number 1 for 2 weeks. Despite the positive comments left by numerous traders of , considerable experience and high-quality regulation, the company got 5 complaints, which turned out to be crucial, making it go down to the 2nd line of the rating.
The 3rd place is occupied by NordFX. It got the record amount of positive responses: 21 traders gave their reasons for choosing and staying with one of the most reliable brokers in the market. However the company is still young and doesn’t have prestigious rewards and world recognition, which doesn’t make it possible to be number 1.
The 4th place belongs to EXNESS. The comments haven’t influenced its standing so far but the company’s unique trading conditions and high-quality service allows it to maintain its position, staying in the TOP5 of the rating.
The 5th place is occupied by FINAM. Despite numerous rewards, high voting results and positive comments it cannot move higher, probably because its PR campaigns are not convincing enough.
The next 5th lines of the TOP10:
· MIG BANK (Switzerland) – 6th
· ForexTrend – 7th
· ICM Brokers – 8th
· Dukascopy Bank (Switzerland) – 9th
· Admiral Markets – 10th
Who are the leaders in terms of positive comments?
NordFX, FINAM, FIBO Group occupy the 1st three places. Special attention should be paid to the 5th place occupied by InstaForex, which received a lot of complaints.
Among the outsiders are MIG BANK, ICM Brokers, Teletrade, Grand Capital and FreshForex.
The balance of “thumbs up” and “thumbs down”.
The voting at the forum of was as democratic as possible but the balance of positive and negative comments was instructive and symptomatic because it influenced the standings.
The following companies got the best correlation of “thumbs up” and “thumbs down”: NordFX, FIBO Group, FINAM, Dukascopy Bank SA и EXNESS. The biggest amount of complaints came from the clients of Teletrade, LiteForex, InstaForex, Alpari and ForexClub.
The preliminary results of the week.
The current rating looks as follows:
Even a superficial analysis shows that the voting had a significant impact on the rating:
· FIBO Group regained its leading position
· Alpari was on the verge of leaving the ultimate league (it gained 301,5pots while the required minimum was 300pts)
· InstaForex left the league
These are the intermediate results of the rating by , which is probably the most objective in the internet. Next week the team of experts will consider complaints about non-payments, so the rating results well may change.
