More Forex companies keep joining the international Forex market, which makes the inner competition tougher. This means that all Forex brokers (both young ones and heavyweights) now have to compete for the existing and new clients.
This leads us to believe that in order to belong to the industry’s TOP amid tough competition, client-oriented brokers have no other option but to come up with innovative solutions and revolutionary ideas, not to mention nearly perfect trading conditions and constantly improving services. They do have to go client-oriented in order to prosper in the long run.
With that said, most traders choose their brokers by considering several factors such as reliability, transparency, high-quality services etc.
Some traders (especially rookies) also pay attention to bonuses and promos. Apparently, bonuses and promos have become a crucial part of today’s Forex trading industry. As the competition is getting tougher, Forex companies strive to offer various tempting bonuses to attract more clients. Forex bonuses may vary from 10% up to 50 and even 100% and more of the initial deposit. Some brokers offer other bonuses like an opportunity to win a trip or a car. Still, all Forex brokers seem to offer bonuses these days but only few of them can actually be trusted.
How to choose a reputable Forex broker with tempting bonuses? Which companies offer the best bonuses in the industry? Let’s ask Masterforex-V Expo, the ultimate solution for rating Forex brokers and binary options brokers.
Traders should be especially careful when choosing a Forex bonus because sometimes scam dealing centers and brokers use bonuses to trap unsuspecting traders.
Therefore, in order to avoid such traps, it is recommended to choose a bonus program offered by Forex companies included in Masterforex-V Expo’s list of Forex brokers. Masterforex-V Expo belongs to Masterforex-V Academy, one of the most reputable Forex coaching websites online. The rating is unbiased and transparent as it is based on 20+ quantitative criteria that cannot be falsified. Therefore, it can be trusted.
The overall rating includes multiples nominations. One of them is the “Best Forex Bonus” nomination.
Best Forex Bonus. April 2015
As of April 2015, the rating looks as follows:
The TOP3 is represented by:
FBS - 1 923,70 rating points
NordFX - 1 868,10 rating points
FIBO Group - 1 856,70 rating points
The TOP 3 is followed by:
- TurboForex
- TeleTrade
- Alpari
- Fort Financial Services
- Larson&Holz
- Forex-Market
- FreshForex
- RoboForex
- Forex4you
- InstaForex
As we can see, the difference in rating points between the Forex companies participating in the rating is not that considerable, which means the situation may change for any of these brokers provided that they do their best to improve their bonus offers as well as trading conditions.
Expert on Choosing Reputable Brokers
According to Eugene Olkhovsky, President of EUTA Capital Corp. and Masterforex-V Academy’s major leading expert (Canada), apart from paying attention to bonus offers, it is important to go with a reputable Forex company. In order to choose one, it is absolutely necessary to consider the following criteria:
1. the company’s expertise (in years)
2. major licenses given by reputable financial regulators
3. positive client feedback
4. prestigious international awards
5. beneficial trading conditions
6. the quality of technological solutions
There are some more criteria to consider but these are the key ones. So, please, make sure that you have considered all of them when choosing a Forex broker to go with. Still, Masterforex-V Expo’s ratings are all-in-one solutions designed to help you make your choice faster and easier since the local experts have already done this job for you while making sure the rating is truly unbiased and based on objective information. Good trading!
