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Sunday, 20 January 20:28 (GMT -05:00)



Foreign exchange market

Masterforex-V Academy Names World's Best Forex Brokers


There are quite a lot of FOrex brokers out there, which is why even FX experts may have a hard time finding one of the best representatives of the FX industry. Even a rookie understands that any serious business should combine the following things:
 
- Major licenses issued by major international regulators
- Tight spreads
- Timely withdrawals
- Bonuses
- Guiding beginners
- High-quality services
- No slippage or software breakdowns
- Absence of non-market quotes
- Excellent support
- Positive feedback
- And so much more
 

Masterforex-V Rating. New Look at Forex Brokers
 
You can be one of the best Forex brokers out there making milions of dollars a year... and still struggling financially because your broker has let you down and refused to withdraw your profits. In order to avoid such situations, you are recommended to make use of the unbiased rating of FX brokers by Masterforex-V Academy. This one is called a leading indicator when it comes to monitoring FX brokers. Actually, this is one of the most unbiased ratings out there since it's based on more than 20 quantitative criteria.
 
Some of those criteria are statistical - getting points for each year of working in the FX industry. This means, the older the company is, the more reliable it can be. They also include number of offices, serious licenses  (a FSA license gives the broker 70 points, a CySEC license means 30 points, while a Mauritius license means only 5 points), and the number of prestigious awards.
 
There are dynamic criteria, which mostly depend on spreads (the wider they are, the fewer points they get), but also include positive and negative feedback etc.
 
There are biased criteria - the average rate by Forex experts (Masterforex-V Academy).
 
Also, brokers can be fined for some bad habits, including refusing to pay profits to customers and being banned in certain jurisdictions.
 
It's may sound surprising, but over the 10 years of existence, the Masterforex-V rating has predicted the ups and downs for most FX broker in the industry. 
 
In early September 2018, Masterforex-V Academy updated its rating of recommended FX brokers once again. Eventually, you can now enjoy the rating of 14 Forex brokers that are safe to trust and trade with.
 
 
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NordFx, Alpari, and Dukascopy are the 3 brokers leading the rating right now. These are the world's best Forex brokers. They have been operating in the industry for many years and have already won the hearts and minds om millions of traders all over the world. They also offer some of the tightest spreads in the industry and enjoy the best client feedback.  
 
As you probably know, NordFX is a broker licensed in the European Union. it has been operating in the Forex industry since 2008. According to pro-rebate.com, around 50% of Masterforex-V have opened several hundred accounts with NordFX ($1000 to $50000) and have been rating the company services really high (the average rate is 9,7 out of 10).
 
Alpari is one of the oldest and biggest Forex brokers out there. It was founded in 1998 and has been innovating and improving the industry ever since. The quality fo its services is confired by respected financial watchdogs like the British NFA.
 
Dukascopy Bank SA is a Swiss bank operating in the Forex and binary options industries. It offers some of the tightest spreads, personal bank accounts for winning traders in a Swiss banks, and so much more. it's rated 9,3 out of 10. Traders' funds are secured by the Swiss law. 
 
These 3 brokers are followed by Fort Financial Services, FIBO Group, Interactive Brokers, Swissquote Bank SA, OANDA, FXCM, Saxo Bank, HY Capital Markets, FOREX.com, FxPro, and Forex club.
 

 

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Weekly Forex and Crypto Forecast By NordFX. December 10-14, 2018.

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NordFX Introduced New Trading Solutions At Traders Fair-2018

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