The first crucial choice anyone has to make when coming to the international forex market is to choose the right forex broker. Most people out there are convinced that all brokers are the same and choosing the broker is something irrelevant, which is not the case.
Indeed, at first sight, it may seem to you that the name is the only thing that makes brokers differ from each other, but that’s not true. They differ in many aspects, including the quality and quantity of the products and services they offer you. Regardless of the fact that brokers essentially do the same job, they may have individual traits.
That’s basically the key reason why you may have a hard time choosing the broker, especially if you are just getting your feet wet in forex trading. Practice shows that beginners make the same mistakes over and over again. The thing is, they are focused only on the factors they are interested in right now, and they don’t take into account the factors that will be important further down the road. That’s the reason why most traders have to change brokers as they get more mature and experienced.
At the same time, there are no strict guidelines on how to choose the best broker. But there are certain things that may help you make the right choice. However, all of that may take a lot of time and effort since a lot of information needs to be processed before making a decision. That’s why Masterforex-V Academy came up with Masterforex-V Expo, online ratings designed to make the process of choosing the broker simple and easier for you. Ever since it was launched, it has been a pretty reliable source of information for thousands of traders and investors of all kinds and expertise levels.
Best FX Brokers for Beginners. August 2017
TOP 3:
Fort Financial Services is currently number one. This broker has been delivering first-class products and services to retail traders since 2010.
OANDA is number two. This is a true heavyweight in the FX brokerage industry. It has been around for over 20 years and offering both corporate and retail traders cutting-edge solutions for profitable trading.
Alpari is number three. This is another giant with nearly two decades of expertise and spotless reputation.
These brokers are followed by:
- ORBEX;
- FreshForex;
- Larson&Holz;
- FXOpen;
- YA-HI.com;
- GKFX;
- Grand Capital;
- InstaForex;
- EXNESS;
- RoboForex;
- Forexite;
- FBS Markets Inc.;
- ForexStart;
- 24FX;
- TenkoFX;
- LiteForex;
- Forex4you;
- Premium Trading;
- FX-Invest;
- Forex EuroClub;
- Dealingcity;
- Pellucid FX;
- Rinkost Markets;
- iP Forex;
- Binoa;
- Arena FX.
