Not all people, who come to international Forex market hoping to make some extra cash, understand that the question of choosing a broker, which they have to solve at the very beginning of their career, is one of most important questions in entire work. However, even if a person understands the importance of this question, there arises a slightly different problem. The point is that most people simply do not know how to choose a broker correctly. Some of them rely on recommendations of their more experienced colleagues, some go for commercials, and some prefer making their own mistakes and choosing a broker by the call of their heart.
It is worth mentioning that, when choosing a broker, most beginners pay attention exclusively to such parameters and services, which they find important at this point. For example, a scalper finds the size of spread important, whereas size and principles of swap play a significant role for a long-term trader, someone finds important a possibility of money input/withdrawal in WebMoney system, and for someone the place of the broker company’s registration more important.
However, in order to choose a truly good broker, one should, first of all, make sure in its reliability. Thus, for example, if a person turns to bank-brokers, he/she can be certain that this broker is not a financial pyramid and bears full responsibility for its actions.
The nomination of best bank-broker includes companies that appear in the most authoritative international rating of Forex brokers compiled by Masterforex-V Academy. The table shows that their points in this rating are taken into account for the nomination; for example, Saxo Bank has 707 points, Swissquote Bank SA – 585 points, etc.
The World’s Best Bank-Broker
Of course, this is too early to answer the question “Which bank-broker is the best this year?”, but, according to Academy’s rating, we can already get preliminary results. For this purpose, let us analyze the following table:
As far as we can see,
- the first place is taken by Saxo Bank. This investment company goes back to 1992, and the fact that it exist till now (besides, being rather successful) is another proof of its reliability;
- the second place belongs to Swissquote Bank SA, which is the largest bank in Switzerland. This bank-broker specializes in providing access to Internet-trade at international market;
- Alfa Forex (Alfa Bank) is the last of three leaders. This bank-broker has been working at the market for over 20 years. It effects numerous types of bank transactions that give access to the market of financial services.
Further follow:
- Nefteprombank;
- Dukascopy Bank SA;
- HY Capital Markets;
- MOSOBLBANK;
- Investment Republic Bank;
- UFXBank;
- Rietumu Banka;
- vPE Bank;
- Integral Bank;
- Varengold Bank FX.
Any trader can take part in the vote. To do so he/she simply has to go to the page of vote for the world’s best bank-broker; however, there is a limitation of only one vote from one IP address.
