Each forex broker is unique to some extent. Most of them choose to specialize in a certain kind services. Practice shows that novice traders who are just getting their feet wet in forex usually lack the required expertise to follow the right track and therefore make the same mistake. The thing is that they have some artificial knowledge about forex brokers and the services they offer. Therefore, their choice is usually random or dictated by some trivial things. In other words, it’s not well thought out.
Later on, as they grow more and more mature as traders, they start figuring out that their brokers are not exactly what they really want now. They kind of grow out of their brokers and have to look for something that suits their needs best of all.
In order to avoid the common mistake, it’s necessary to take the right steps when choosing the broker from day one. However, since it’s very difficult to find a step-by-step guide on how to choose the right broker to go with, people often have a hard time making the right choice. This is where Masterforex-V Academy comes in with Masterforex-V Expo – an online source embracing dozens of forex ratings, including the rating of the world’s best forex brokers for beginners, which is updated regularly. The top-ranking brokers are defined every month. By the way, all of the top-ranking brokers for beginners also belong to the ultimate rating of forex brokers by Masterforex-V Academy. Both the rating points (Fort Financial Services – 890,0 points, OANDA – 816,0 points) and the open voting results are take into account by the system to rate each broker.
Best Forex Broker for Beginners in November 2017
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 LTD
- FreshForex
- Larson&Holz
- YA-HI.com
- TenkoFX
- GKFX
- RoboForex
- Forexite
- FXOpen
- EXNESS
- Grand Capital
- InstaForex
- Forex4you
- FBS Markets Inc.
- LiteForex
- 24FX
- ForexStart
- Binoa
- Dealingcity
- Premium Trading
- FX-Invest
- Forex EuroClub
- Arena FX
- Rinkost Markets
- Pellucid FX
- iP Forex
