It is not a secret that every single trader wants to work with a reliable major broking company that can provide premium-quality services along with optimal trading conditions. Ideally, this is a full complex of broking services along with access to the genuine interbank liquidity. Other items on the list include instant execution of orders, a wide range of trading instruments, responsive support, excellent quotation, opportunities to diversify risks etc.
It turns out that not all those brokers that claim to be the best can actually provide high-quality services. Therefore, a natural question arises: How to find a suitable broker?
Who Can Satisfy Traders’ Needs?
Let’s ask Eugene Olkhovsky, Masterforex-V Academy’s leading expert in financial markets from Canada.
He says that the Forex trading industry is growing as brokers are constantly facing tougher competition. Therefore, the number of Forex brokers keeps growing. However, it is necessary to pay attention to those brokers who are licensed by major financial regulators and prove to be client-oriented companies that understand that their clients’ profit equals their own profit. Access to the interbank is another key benefit of major brokers that should be taken into account.
In this aspect, institutional brokers are a perfect choice. However, there are dozens of institutional brokers. Therefore, Masterforex-V Academy started an unbiased and transparent rating for institutional brokers within the scope of its overall rating of Forex brokers . This rating is based on 20+ independent quantitative criteria that cannot be falsified. This is a truly unbiased rating. It is designed to help beginners (and professionals as well) to choose a suitable brokers among the list of the industry’s best and most reliable companies that offer broking services in various financial markets (including Forex).
’s Rating of Institutional Forex Brokers
First, let’s have a look at last year’s rating. HY Markets was recognized the best institutional broker in 2013. The broker can be trusted without any doubt:
· It has been in the industry for over 30 years! That’s a lot!
· It is licensed by the world’s major financial authorities like the Financial Services Authority (FSA), for example.
· The company has been providing its clients with premium-quality services for decades.
· It gives access to the genuine interbank liquidity of the biggest and most liquid financial markets in the world. This allows traders to get their orders executed at the best prices available and within the shortest time possible.
· It ensures multi-level security of client’s funds and transactions.
· It guarantees the safety of funds.
· It offers generous bonuses and promotions. For example, successful traders can win an all-inclusive trip for two to the Caribbean Islands.
FOREX.com and Alpari became the world’s 2nd and 3rd best institutional brokers last year. They also have a lot of various benefits to offer. They are also licensed by major financial regulators and have offices all around the globe, not to mention the fact that they have been providing high-quality services for over a decade.
For reference sake, this is how the final chart of institutional Forex brokers looked like in 2012.
Masterforex-V Academy has just started a new rating to determine the best institutional Forex brokers in 2013. It will be also based on multiple unbiased criteria, including the results of year-long open voting. So, visit Masterforex-V Academy’s website to participate in the voting by casting your vote for the broker you think is the best this year. The link is down below:
www.masterforex-v.org/masterforex-v_expo/best_institucional_broker-2013.html
