Before diving deep into FX trading, make sure that you are going with a reliable FX broker since this is a crucial choice, which is going to influence your entire trading career. The thing is that you can do without a broker simply because it is impossible for retail traders to access the Forex interbank environment without it. At the same time, there are hundreds of FX brokers offering their products and services to retail clients online these days. Apparently, some of them are far from being reliable businesses, which means that you should pay attention to several factors and requirements when looking for an FX company.
Reputable brokers value the safety of client funds along with everything else that helps them create a favorable environment for their clients to let them capitalize on trading activities without having to worry about non-market risks and other unpleasant surprises. These days you can read and hear a lot of controversial things about financial markets in general and Forex in particular – both bad and good ones. When it comes to the feedback, it boils down to FX brokers, their service and approach to the client. Indeed, there are scams and fake brokers among them but that doesn’t mean that the entire industry is a scam in itself. There are dozens of reputable brokers operating in an honest and transparent way. This leads us to believe that they can be trusted.
In order to help you tell those reputable brokers from fakes and mediocre representatives the FX brokerage industry, Masterforex-V Academy came up with Masterforex-V Expo a couple of years ago. This is the project tailored to the needs of those who are looking for a reliable partner in Forex trading. The mentioned project includes multiple ratings, including the one we are going to show you this time. This is the rating of the industry’s most reliable FX brokers. This is a monthly rating which means it is updated every 4 weeks to let you keep track of the latest changes and tendencies in the niche.
Most Reliable FX Brokers. February 2016
TOP 3:
- Nord FX
- TeleTrade
- HY Capital Markets
These are followed by:
- Fort Financial Services
- FIBO Group
- ActivTrades
- FxPro
- OANDA
- Dukascopy Bank SA
- YA-HI.com
- FXOpen
- ORBEX LTD
- Hantec Markets
- FBS Markets Inc.
- Alpari Limited
- XM
- Larson&Holz
- TurboForex
- Forex4you
- GKFX
- CFD1000
- FX Primus
- FreshForex
- Lionstone Investment
- ForexStart
- FXFlat
- Grand Capital
- FinFX
- Pips.it
