Any FX broker faces the problem of choosing a suitable FX broker to go with at some point in his/her trading career. However, it is always a good idea to start working with a reputable FX broker right off the bat.
This is a crucial decision to make since it is the broker you trade with that determines the trading conditions as well as your overall comfort and performance. No trader can do without a reliable broker. And no trader can eventually succeed in FX trading with a scam or fake broker since the ultimate goal is to withdraw the profits and enjoy them by spending them.
At the same time, you have probably figured out that not all FX broker are created equal. Truly reputable and decent FX brokers are actually scanty and outnumbered by mediocre and fake brokers. This is why it is crucial to know what companies to choose from. This holds especially true for rookies who are just making their feed wet in FX trading. More often than not, the don’t know anything or little about FX brokers, how they work, how to tell fakes from reputable companies etc. That is why most of them end up regretting their decision to start trading Forex after they mess up with with the wrong guys (I mean fake brokers that promise huge bonuses only to attract unsuspecting rookies and make them lose their money).
All of us are individuals with our own, goals, ambitions, views etc. That is why it is hard to create a common pattern for choosing the optimal broker. While some of you may need tight spreads as intraday intensive traders, others mid-term and long-term traders may seek swap-free accounts to trade on. Maybe some of you prefer automated trading and are looing fro the best conditions for your trading robots.
Anyway, regardless of your preferences, there are certain factors that are absolutely necessary to take into account. Security, reliability, transparency, efficiency and decent trading conditions are only some of them. That is why Masterforex-V EXPO offers a whole lot of FX ratings in various aspects to help you more flexible in making your decision regarding your future FX broker.
This time we have decided to share with you the list of the industry’s best FX broker specially for beginning traders. This means that the listed brokers offer some of the best conditions for those why are just starting out, trading small and dreaming big.
As of the latest rating (July 2015), it looks as follows:
The chart below shows us that the TOP 3 is represented by Fort Financial Services, Larson & Holz and Orbex. All of them are decent FX brokers licensed and regulated by major financial authorities.
They are followed by:
- OANDA
- YA-HI.com
- GKFX
- Alpari
- FreshForex
- InstaForex
- RoboForex
- 24FX
- FXOpen
- Grand Capital
- FBS Markets Inc
- Forexite
- EXNESS
- LiteForex
- Forex4you
- FX Start
- Pellucid FX
- Premium Trading
- FX-Invest
- Forex EuroClub
- Dealingcity
- iP Forex
- World Forex
- Rinkost Markets
- Arena FX
