In order to start trading Forex via a micro broker, traders don’t have to boast thousands of dollars as their trading capital. This is the biggest edge those brokers have when it comes to the beginner level of FX trading. Indeed, few rookies can really afford to start trading big right off the bat. However, it is not recommended to start big if you are just getting your feet wet in trading financial markets. This is where cent brokers (or micro brokers) come in handy. They allow rookies to trade currencies and improve their skills while more advanced traders can test their strategies without having to risk big money.
In other words, micro brokers are perfect for those who lack confidence in trading but still want to build it up along with gaining more experience. If you start small, micro brokers are a perfect fit for you.
In order to help you familiarize yourself with the niche, Masterforex-V Academy introduced a new rating of Forex brokers . This time it is tailored to those who are looking for suitable options among micro brokers.
The latest update took place in late November 2015. By the way, the rating is updated on a monthly basis, which means that you can monitor the situation in the niche every 4 weeks. The current rating looks as follows:
TOP3:
- Nord FX
- Solidary Markets FX
- FIBO Group
The rest of the rating is represented by such brokers as:
- Fort Financial Services
- Alpari Limited
- Forex Club
- Grand Capital
- GKFX
- RoboForex
- Forex4you
- EXNESS
- FXOpen
- Lionstone Investment
- FBS Markets Inc.
- InstaForex
- eToro
- HotForex
- Larson&Holz
- ForexStart
- LiteForex
