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 secondary league is represented by the following brokers:
As we can see from the chart below, the TOP 3 positions have all chances to go to the ultimate league once the improve their status and work on their products and services to get more of positive feedback and testimonials.
These are FINAM, GKFX and OANDA. These are all-known names in the Forex industry. They have all resources to improve their positioning in the industry.
They are followed by:
- Admiral Markets
- FreshForex
- ETX Capital
- RoboForex
- Нефтепромбанк
- UFXMarkets
- PROFIT Group
- FxPro
- Hantec Markets
- GFT
- Interactive Brokers
- CitiFX Pro
- Global Futures Exchange & Trading Company, Inc.
- FXOpen
- Markets.com
- MAYZUS
- ATC BROKERS
- CIM Bank
- Forex4you
- ЗАО Банк «Советский»
- IG Markets
- FXCC
- Forex-Market
- TadawulFX
- Deltastock
- YA-HI.com
- XM
- Брокеркредитсервис
- ECMarkets
- Dif Broker
- ORBEX LTD
- IronFX
- Альфа Форекс
- Grand Capital
- Fine XO
- LiteForex
- ICM Capital
- MaxiMarkets
- Инвестиционный Республиканский Банк
- Windsor Brokers
- UWC
- Bulbrokers EAD
- AFOREX
- Renesource Capital
- Tier1FX
- Тraders Trust
- eToro
- ACFX
- FXDD
- HotForex
- X-Trade Brokers
- EXNESS
- FxPulp
- Kalita Finance
- Hotspot FX
- AFX Capital
- MB Trading
- FOREXYARD
- GCI Financial Ltd
- IFX Markets
- МОСОБЛБАНК
- FXFlat
- BMFN
- ACM
- Real Trade
- Concord Bay
- City Credit Capital
- Finotec
- YouTradeFX
- JustForex
- Sunbird
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…
