How to make the right decision by choosing a reputable FX broker? How to avoid fakes and scams? Will, the questions seem difficult to answer. Right off the bat, you may answer that this should be an honest and client-oriented company since you are going to trust your money with it. However, it is clear that there are no universal blueprints when it comes to choosing reputable FX brokers. The thing is, all traders are individuals with their own sets of goals, ambitions, aspirations, requirements, fears, and interests. With that being said, the parameters they take into account when choosing reliable FX brokers may vary from trader to trader. Still, there are some key factors that are common for any decent company working in the industry of retail FX brokerage services.
That is why Masterforex-V Expo offers you dozens of ratings related to Forex and binary brokers operating in the industry in various niches and suitable for various kinds of traders. One of the most reputable niche in the industry is the so-called FX bank niche. These are banks that offer FX brokerage services to retail and institutional clients. It is an interesting niche to take into account since banks have always been major players in the global financial environment. They can often boast major licenses (since they are regulated by major financial regulators) and abundant liquidity. These are true heavyweights and therefore can be a good choice for advanced traders with many years of expertise seeking security, stability and liquidity.
The rating of the best FX banks is updated on a monthly basis in order to provide you with the most recent changes in the niche. The latest update took place earlier this month.
Best FX Banks. March 2016
TOP3:
- Swissquote Bank SA
- Saxo Bank
- Alfa Forex
The rest of the rating:
- NeftePromBank
- HY Capital Markets
- Dukascopy Bank SA
- MosObkBank
- IRB
- UFXBank
- Rietumu Banka
- Integral Bank
- vPE Bank
- Varengold Bank FX
If you want to support a certain broker by voting for it, go to the corresponding page of the website and help us determine the best FX banks in 2016. Please keep in mind that only one vote per IP is allowed.
