When it comes to trading Forex via a micro broker, traders don’t have to invest thousands of dollars as the starting capital. This is one of the biggest competitive edges those FX brokers have when it comes to FX rookies getting their feet wet in FX trading. Indeed, few rookies can really afford to start trading big right off the bat. However, it is not recommended to start big if you are just getting your feet wet in trading financial markets. This is where cent brokers (or micro brokers) come in handy. They allow rookies to trade currencies and improve their skills while more advanced traders can test their strategies without having to risk big money.
In other words, micro brokers are perfect for those who lack confidence in trading but still want to build it up along with gaining more experience. If you start small, micro brokers are a perfect fit for you. In order to help you familiarize yourself with the niche, Masterforex-V Academy introduced a new rating of Forex brokers . This time it is tailored to those who are looking for suitable options among micro brokers.
The latest update took place in June 2016. By the way, the rating is updated on a monthly basis, which means that you can monitor the situation in the niche every 4 weeks. The current rating looks as follows:
Best Micro FX Brokers. June 2016
TOP3:
- Nord FX
- FIBO Group
- Fort Financial Services
The rest of the list:
- Alpari Limited
- Forex club
- Solidary Markets FX
- GKFX
- FXOpen
- Larson&Holz
- RoboForex
- eToro
- Grand Capital
- HotForex
- Forex4you
- Lionstone Investment
- EXNESS
- LiteForex
- FBS Markets Inc.
- InstaForex
- ForexStart
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 micro FX broker in 2016. Please keep in mind that only one vote per IP is allowed.
