Forex-Ratings.com together with Forum-Ratings.com present the statistics of forex brokers negative assessment

One of the most vital problems for a forex trader is choosing a reliable partner/agent as the current forex market exceeds 300 market makers and forex brokers. To assist a trader the authoritative Forex-Ratings.com issued a forex brokers rating which contains a set of criteria for companies evaluation and assessment. The evaluation includes such defining criteria as a company license, its experience in the field, its branches, the amount of commissions and spreads. Another parameter taken into consideration is opinions of professional forex traders which, as a rule, reveal market reputation of the forex company.

Our specialized forex forum rating presents the statistics of negative assessment of forex brokers. The three most criticized companies rank as following: the GCI takes the third place, the LiteForex is the second in the list while the InstaForex occupies a leading position. According to Max Cortis, Forex finance expert, clients’ complaints most commonly concern problems caused by delayed withdrawals , faulty operation of terminals, re-quotes, use of non-market quotations, for example, for gold and forex currencies. The InstaForex is regarded by many experts as an unchallenged leader accumulating a wide range of problems. Although the indicators of the two named companies are twice better than those of the InstaForex, the forex brokers adversely affect the quality of forex trading in the market.

In contrast to those who systematically violate norms of forex trading Ashley Romain has classified forex brokers who offer secure cooperation: ForexTrend, OANDA, GFT, MIG BANK, Forex MMCIS Group and FXCM. The forex companies that have received one negative comment include BMFN, FX Pro, ICM Brokers, Finam, Dukascopy Bank SA, Nord FX and SaxoBank. According to forex traders reviews, the enumerated forex brokers either operate an imperfect system of transferring funds to the account or a complicated procedure of its opening. It is only natural that these shortcomings directly affect a forex broker’s position in the Forex Rating. A company is ascribed 2 penalty points for each negative comment. Thus, the latest Forex graphs of security show that the InstaForex has received 144 points and, as a result, shifted to the 15th position among inexperienced and unscrupulous brokers.

June 2017 Top Forex Brokers: Head-To-Head Again

For over 11 years of its ongoing activity Forex-Ratings.com keeps track of the top-class forex companies as well as of the prospective new brokerages that have entered the market not so long ago. We renew our database day by day, and are always open to share the collected information with our community members...

May 2017 Top Forex Brokers: Striving for Perfection

Since the year 2006 Forex-Ratings.com does its continuous work of introducing and evaluating forex and binary brokers actively working on the global markets. Our practical knowledge collected during years of work has brought us to development ...

April 2017 Top Forex Brokers: Where Winning Strategies Work Best

Forex-Ratings.com for over ten years now is known to feature the strongest and most prospective leaders of forex and binary options markets across the globe. On the other side, we constantly receive feedback from our community that embraces private traders...


March 2017 Top Forex Brokers: Meet the New Top Conqueror

Forex-Ratings.com has a history of over 10 years of constant work on tracking activities of the forex and binary brokers on the global markets. Our database contains information on the majority of forex and binary brokers that have ever been active in the financial markets...

February 2017 Top Forex Brokers: Non-Stop Movement

Forex-Ratings.com is forex database that keeps on continuously developing since its launch in 2006. We highlight all the trends of the present-day forex market and range forex and binary brokers currently offering their services to the international traders...

January 2017 Top Forex Brokers: Hot Offers Meet with a Ready Market

Forex-Ratings.com, since its launch it 2006 and up to date, accurately keeps the chronicle of the best-performing forex brokers as well as of the promising newbie companies having just entered the forex market...


December 2016 Top Forex Brokers: Recognizing Top Rated Forex Brokers of 2016

Forex-Ratings.com is doing its continuous job of evaluating forex brokers’ performance since 2006. During years of practical and never-ending work we have developed...

November 2016 Top Forex Brokers: The Freshmen Pose a Challenge

Forex-Ratings.com is a forex database and assessment platform. It is up and going continuously on since 2006. The site comprises a colossal fx and binary database with details of operational activity of the most of the currency trading companies working worldwide...

October 2016 Top Forex Brokers: Steady Does It

Forex-Ratings.com keeps track of forex and binary brokers’ activities since 2006. The community of the site is made up of currency traders, financial experts, business entities, journalists and other industry experts...




Popular forex reviews

Admiral Markets

Admiral Markets certainly have one of the speediest and friendliest customer support teams I've ever encountered. You're doing a great...

Review rating - 1 Review rating

Trade12

What i like about this broker is their customer service. Overall they offer the usual services but their difference is how they are easily reachable for help. They also have a lot of funding options although the first time i requested for a...

Review rating - 2 Review rating

Check out easyMarkets brand new trading app
Check out easyMarkets brand new trading app

The world’s first web-based trading platform by easyMarkets is now an app. Make trading fast, simple and easy. Stay on top of the market all the time and undo losing trades with dealCancellation*. Download the free app on android and iOs and rediscover trading, the easyMarkets way. *T&C Apply

LiteForex

Yeah, this broker is the most adequate broker. I tried to use their affiliate, everything’s...

Review rating - 1 Review rating

HotForex

I used to trade with several international brokers and it’s my second month trading with Hotforex. During this period everything seems perfect. Deposit-Withdrawal, stop-loss, spreads all are good. Too soon if I say this broker is perfect but I am...

Review rating - 2 Review rating

Rosenthal Collins Group

This company is only for high net worth individuals and institutions with lots of capital. I wish to open an account here but for excellent service, they provide, we need to pay too much. Technologies, trading platforms, etc. It's all on the top...

Review rating - 2 Review rating

More opportunities with the new type of account from FIBO Group
More opportunities with the new type of account from FIBO Group

FIBO Group is providing a new type of account – MT4 NDD No Commission. No Dealing Desk technology is implemented on this type of account, which grants an opportunity to trade directly with the largest liquidity providers of world electronic networks. No commission fees for opening and closing positions. Account currency: USD, EUR, GLD. The maximum leverage is 1:400. Open a demo account right now and test new opportunities of MT4 NDD No Commission account.

SFX Markets

Great option for beginners. Company offers many free features to help me develop my trading plan. I would say that some experienced traders could get lots of useful information from webinars too. Online courses and webinars helped me to develop the...

Review rating - 4 Review rating

  


Share: