To succeed in trading financial markets in general and forex in particular, each and every trader needs to choose the right broker. Most people think that there is no difference between forex brokers, expect their names. Well, it may seem so at first sight but the truth is, brokers differ in many aspects, including the quality of products and services they offer, as well as the trading conditions.
Despite the fact that all brokers do similar business, each of them is still unique to some extent. That’s probably the key reason why some people may have a hard time choosing the right broker, especially if these are rookies making their first steps in the forex world.
Moreover, stats show that most forex beginners make the same mistake over and over again. The thing is, they often focus only on those conditions, products and services that they are interested in right now. They don’t think ahead and consider their professional growth, which is why some time later they start figuring out that they have grown out of their brokers and need to find new ones to suit their expanding needs. That said, there is nothing to be surprised about that even intermediate and advanced traders have to look for a new broker.
At the same time, you should keep in mind that there is no step-by-step guide on how to get yourself a perfect fit when looking for the broker. Whether you are a rookie or an advanced trader, you are still guided by your personal needs. However, there is a shortcut to choosing the right broker. The thing is, that Masterforex-V Academy has come up with an online project named Masterforex-V Expo. It was created to help people filter out those options that don’t deserve to be trusted and to let people choose from the best ones. Actually, there are several ratings within the scope of this online project. This time, we are going to take a closer look at the best forex brokers for beginners.
The comparative chart below shows you that both the rating points (Fort Financial Services - 900,0 points, у OANDA - 861,0 points etc.) and the voting results are taken into account to rate the best forex brokers for beginning traders.
Best Forex Brokers for Beginners in September 2017
As we can see:
Fort Financial Services is number one. This broker has been around since 2010. The company has been focused on delivering first-class services.
OANDA is number two. This company has been rendering various forex services to retail and corporate clients for over 20 years. Those services are based on cutting-edge technologies.
Alpari Limited is number three. This is also a forex veteran with decades of expertise. The company reputation is spotless, which is why Alpari has been popular with traders all over the world.
The TOP3 brokers are followed by ORBEX, FreshForex, Larson&Holz, FXOpen, YA-HI.com, GKFX, InstaForex, EXNESS, RoboForex, Grand Capital, FBS Markets Inc., Forexite, TenkoFX, 24FX, LiteForex, ForexStart, Forex4you, Premium Trading, FX-Invest, Forex EuroClub, Dealingcity, Pellucid FX, iP Forex, Rinkost Markets, Binoa, Arena FX.
