Sooner or later, any Forex trader has to face the challenge of choosing a reliable broker, which will help him/her to succeed in Forex trading in the long run. The thing is that depositing is easy with any broker, both a scam and a truly reputable one. However, when it comes to withdrawing funds, only reputable brokers can withdraw money without delays and questions and lame excuses, which is certainly not the case with minor brokers and scam brokers.
Meanwhile, most beginning and even intermediate traders are focused on tight spreads, perfect timing, instant execution, absence of re-quotes and slippage and other beneficial trading conditions, which are definitely worth taking into account and paying attention to. However, the reputation and status of your Forex broker, which further translates into reliability and security, is way more important than all those beneficial trading conditions. Without reliability, everything else doesn’t matter. Who cares how much money he or she earns if there is no actual possibility to withdraw the profits and enjoy the benefits you can buy for the money?
With that said, there are several ways of choosing a reliable broker. First of all, you can do it on your won, but this may require a lot of time, effort and financial risk since nobody can insure you against running across another scam broker over and over again. That is why Masterforex-V Academy, Europe’s Best Online Forex Coaching Site since 2009, is glad to give you a hand with everything that concerns choosing a reputable Forex broker for convenient and profitable trading on beneficial terms and conditions. With that in mind, Masterforex-V Academy launched an unprecedented project called Masterforex-V Expo. This one embraces dozens of unbiased and comprehensive ratings of Forex brokers in multiple aspects and based on 20+ transparent and objective criteria, which cannot be subject to any abuse or manipulation. By the way, that is why these are the most unbiased ratings of Forex brokers on the web and in the entire Forex industry.
The major series of such ratings of Forex brokers includes several leagues like those we can see in sports like football national championships. The premier league or the ultimate league embraces the industry’s top-ranking and most reputable and regulated Forex brokers offering you maximum security, flexibility, comfort coupled with beneficial trading conditions and fund insurance. Every broking company strives to get to the top of the industry, which is represented by the premier league or the ultimate league of Masterforex-V Expo.
Still, there are secondary and other minor leagues, which include most of the contemporary Forex brokers out there. The thing is that such brokers either young and are on their way to the top or they are old but dirty and tricky.
In this case, the secondary or B league of Masterforex-V Expo is represented by those Forex brokers that have some negative client feedback or/and ignore their reputation and status. The list also includes those that used to be among top-ranking brokers in the ultimate league but were downsized for playing dirty tricks on their clients and/or refusing to withdraw profits on demand.
At this point, the B league or the secondary league is represented by the following brokers:
RoboForex is number 1. The company used to belong to the A league or the premier league. Still, now it find itself keen deep in cases of major slippage and some issues with deposit/withdrawal options. That is why t is temporary downsized.
Admiral Markets is the runner-up. Despite the fact that this is a broker regulated by European financial authorities, it currently has problems with the speed of order execution, which is too slow more often than not.
UFXMarkets is number 3. It has some problems with the succession of trades conducted by the company’s experts. At least this is what the client feedback tells us about.
These 3 brokers still have decent chances to enter the ultimate league once they eliminate the drawbacks. At the same time, the remaining brokers will have to strive hard for several months in order to get an opportunity to enter the premier league. These are:
- FreshForex
- GFT
- Interactive Brokers
- FxPro Group Lt.
- CitiFX Pro
- Global Futures Exchange & Trading Company, Inc.
- FXOpen
- Arsenal-FX
- Markets.com
- MAYZUS
- ATC BROKERS
- Hantec Markets
- CIM Bank
- IG Markets (IG Group Holdings)
- FXCC
- XM
- TadawulFX
- ECMarkets
- Dif Broker
- LiteForex
- Fine XO
- ICM Capital
- IronFX
- MaxiMarkets
- Windsor Brokers
- UWC (United World Capital)
- Bulbrokers EAD
- Grand Capital
- Alpha Bank
- Deltastock
- FxPulp
- Тraders Trust
- eToro
- ACFX
- FXDD!!! Breakdowns, withdrawal failures!!!
- HotForex!!! withdrawal failures and tricks contributing to the loss of the entire deposit !!!
- X-Trade Brokers
- Kalita Finance
- Hotspot FX
- MB Trading
- EXNESS!!! withdrawal failures!!!
- FOREXYARD
- Forex4you
- IFX Markets
- GCI Financial Ltd
- AFB FX
- FXFlat
- BMFN
- AFX Capital
- ACM (Swissquote Bank)
- Real Trade
- Finotec
- JustForex;
- Sunbird;
- City Credit Capital;
- Lionstone Investment;
- YouTradeFX.
With that said, all the reputable broking companies should work on their status and reputation continuously to enjoy a decent client bases consisting mostly of big-scale active traders and investors…
If you need more assistance in everything that concerns choosing a reputable broker in general and learning how to trade Forex successfully in particular, you can address Masterforex-V Academy’s support team for further instruction…
