Sooner or later, each and every forex trader out there faces the same challenge – choosing the right forex broker. Their future performance will depend on that choice. The thing is, forex brokers may differ in a number of aspects, including the trading conditions they offer their clients.
When it comes to choosing the right forex broker, beginners usually have a hard time doing this. More often than not, they are newbies with zero knowledge about financial markets whatsoever. Apparently, when making the choice, such traders are often guided by their current needs and goals. The truth is, those rookies don’t really know what they need to make the right choice since this task requires taking into account a whole lot of various factors, which may later affect their trading performance.
So, how do you actually choose a broker as a beginning trader? Well, to start with, experts recommend that beginning traders take into account the unbiased rating of forex brokers by Masterforex-V Academy. It’s this the rating that can help you figure out which exactly brokers can be rally trusted at this point, which ones of them are promising and deserve your attention, which ones of them are ready to offer you the most competitive trading conditions out there. The given rating is totally unbiased, based on a number of quantitative criteria, including the results of the open voting. By the way, anyone can cast their vote for or against a certain forex broker (one vote per IP is allowed).
Best Forex Brokers for Beginners in November 2017
The list of the best forex brokers to date is represented mostly by the companies that are included in Masterforex-V Academy’s rating of premium brokers. The list takes into account both the rating points (Fort Financial Services has 900,00 points, OANDA has 861 points, Alpari has 1,015.3 points, and so on), and the results of the open voting.
The TOP3 brokers are:
- Fort Financial Services. The company was founded in 2010. Since then, they have been focused on delivering premium-quality products and services to both beginning and advanced forex traders of all kinds.
- OANDA. This is a true heavyweight in the international forex industry with over 20 years of expertise. The company has been taking advantage of cutting-edge technologies when rendering services to corporate and retail clients all over the world.
- Alpari Limited. This is another veteran of the industry. Even since being founded almost 20 years ago, the company has been increasingly popular with international traders and investors thanks to spotless reputation as well as the exceptional quality of service.
These guys are followed by such brokers as: ORBEX, FreshForex, Larson&Holz, FXOpen, YA-HI.com, GKFX, EXNESS, InstaForex, Grand Capital, RoboForex, FBS Markets Inc., TenkoFX, Forexite, LiteForex, Forex4you, 24FX, ForexStart, Premium Trading, FX-Invest, Forex EuroClub, Dealingcity, Rinkost Markets, Pellucid FX, iP Forex, Binoa, Arena FX.
