Everyone who comes to the contemporary FX trading industry starts facing multiple challenges since ay one. First off, rookies don’t have enough skills and expertise in trading financial markets in a consistent and profitable way. On top of that, they know nothing about choosing reputable brokers and telling them from scams and fakes.
Indeed, every professional trader out there can definitely tell you that it is crucial to go with the right broker right off the bat. This is going to be your major partner in your entire trading career. This means that your success is going to rely on the very broker to a certain extent. This holds true for both Forex and pretty much any financial market out there. Whether you are a rookie getting your feet wet or an experienced trader willing to make stunning profits, you still need a reputable broker to go with in order to succeed over the long term.
This factor shouldn’t be underestimated and can present a serious challenge. That is why Masterforex-V Academy, which has been Europe’s best online FX coaching resource since 2009, once decided to come up with a new online project named Masterforex-V Expo. It is designed to embrace unbiased FX ratings and provide the audience with the latest news and changes in the entire FX industry.
As you have probably guessed, there is the ultimate rating of FX broker containing the industry’s most reputable companies offering the best trading conditions and regulated by major financial watchdogs. However, there are companies - either young but promising ones or those with some minor issues – that are on their way to joining the ultimate rating provided hat they keep on working on their businesses and improving them while getting rid of the drawbacks that prevent them from being among the industry’s TOP. We are talking about the secondary league of the FX rating. These are still worth paying attention to even despite having some minor issues or being less popular than others and offering slightly less competitive trading conditions than others.
The latest update took place in March 2016. By the way, the rating is updated every 4 weeks.
Here is the updated rating of the candidates for the ultimate rating of FX brokers by Masterforex-v Expo:
TOP5:
- Admiral Markets
- Finam
- SFX MARKETS
- Larson&Holz
-FXTM (ForexTime)
They are followed by:
- FreshForex
- HiWayFX
- FBS Markets Inc.
- World Forex
- Admiral Markets
- TurboForex
- Hantec Markets
- YA-HI.com
- Nefteprombank
- GKFX
- ORBEX LTD
- UFXMarkets
- PROFIT Group
- RoboForex
- GFT
- Global Futures Exchange & Trading Company, Inc.
- STO
- Markets.com
- FXOpen
- ATC BROKERS
- CIM Bank
- Forex4you;
- IG Markets (IG Group Holdings)
- Sovetsky Bank
- FXCC
- Deltastock
- BKS
- ECMarkets
- Dif Broker
- Afla Forex
- Grand Capital
- LiteForex
- ICM Capital
- London Capital Group
- MaxiMarkets
- Windsor Brokers
- IRB
- Bulbrokers EAD
- Renesource Capital
- Тraders Trust
- eToro
- ACFX
- FXDD
- HotForex
- EXNESS
- X-Trade Brokers
- FxPulp
- Kalita Finance
- Vistabrokers
- Hotspot FX
- InstaForex
- MB Trading
- FOREXYARD
- GCI Financial Ltd.
- IFX Markets
- Mosoblbank
- Nordhill Capital
- Solidary Markets FX
The outsiders are:
- FXFlat
- BMFN
- ETX Capital
- Real Trade
- PriorFX
- City Credit Capital
- FxNet
- TradingBanks
- Finotec
- TenkoFX
- MAYZUS
- JustForex
- YouTradeFX
- 22 groups
- Tickmill
The open voting is still underway. Please make sure that you have cast your vote to help us choose the best FX broker in the secondary league in 2016.
