Tatiana Kashyrskaia
For those of you who don’t know what I’m talking about, institutional FX brokers are Forex companies that stand out from the rest of the crowd and therefore can be treated as the industry’s leaders. More specifically, those institutional FX brokers are more focused on working with institutional clients on top of retail traders. They are licensed and regulated by major financial watchdogs. This leads us to believe that they are more reliable than other brokers without licenses and regulation and has a better overall image due to offering their services to both retail and institutional clients. Meanwhile, we should keep in mind that such big-scale guys make up for the lion’s share of all the FX trading volume generated in the FX interbank environment.
Institutional FX brokers are the elite of the contemporary FX market. That is why Masterforex-V Academy experts decided to resolve a very difficult task – to define the best brokers in the institutional FX niche. That is why it created a standalone rating of institutional FX brokers within the scope of Masterforex-V Expo.
In order to make it more unbiased, they decided to conduct open voting to get objective client feedback and use it (along with other criteria) to determine the best institutional FX broker in 2015. The latest update took place in late November 2015. The current rating looks like that:
The following FX brokers represent the TOP5:
- Cornèr Trader
- FxPro
- Interactive Brokers
- FXCM
- Saxo Bank
These are followed by:
- HY Capital Markets
- FOREX.com
- OANDA
- Swissquote Bank SA
- Finam
- Dukascopy Bank SA
- Varengold Bank FX
- Sucden Financial
Tatiana Kashyrskaia
