Forex Ratings invites both beginners and experienced traders to express their opinion on the key fx brokers of the present day, and to vote for/against any company featured on the list. Our community determines which companies are currently the best providers of financial and investment services, and which have degraded in performance compared to the previous months.
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This review analyzes February 2013 voting results and broker preferences of the rating voters.
In February the Top10 list has seen almost no changes, and has been only 10% renewed, as eToro has left the list, and Alpari has jumped on to the 10th position of the list of the best forex brokers.
Congratulations to the February winner, NordFX! AvaFX has handed its January leadership over to NordFX and is now positioned on the 3rd place. The silver medal of February goes to MasterForex.
In February NordFX has announced a Neteller payment system as a new payment method now available for its traders. NordFX offers an array of trading platforms: NFX Trades, Metatrader 4, Metatrader 5, Zulutrade.
MasterForex, which puts a big effort into developing Russian and CIS forex markets, in February has announced the deal with Qiwi payment system widely spread in the region. Russian and CIS traders are now able to deposit to their trading account via one of the thousands of payment terminals available even in the remote locations.
Two rating participants withhold the same Forex Ratings positions as one month before: HotForex (6th place) and Admiral Markets (9th place). Compared to January, RoboForex and FXCM have had a positional interchange: FXCM has moved one step up (8th to 7th position), whereas RoboForex has moved one step down (7th to 8th position). For FXCM this means a sign of consistent progress, as in December it had only been on the 10th position. RoboForex, a broker that has already been on the 8th place in December 2012, appears to have stable performance, but with no tendency to move higher on the list, either.
Alpari, the February Top 10 closer, deserves a special notice as its customers were reported to have been traded over $210 billion in volume in January 2013, as is stated in the joint press release recently issued by the companies working under the Alpari brand name.
Besides, in February Alpari has announced a number of trading terms’ improvements, namely: no minimum deposit for ecn.mt4 accounts; lower minimum spreads on standard.mt4 accounts; lower margin requirements on standard.mt4 and ecn.mt4 accounts, and faster order execution.
In February new listing participants have joined the list: JFX and IBCFX. They are yet out of ‘Big Ten’, however, we will keep an eye on the newcomers and their progress.
IBCFX is worth noticing for its policy of social communication and multi-cultural approach. This broker offers multi-lingual support, Islamic accounts and chat options on the site to be able to get assisted at any time needed.
JFX, another new listing participant of Forex Ratings, in February has announced an effective rebate program which gives an opportunity of earning additional revenue on every trade. The earned revenues are credited to clients’ accounts every month and can be withdrawn or reinvested for trading purposes. The program is available to new and existing clients, and has no upper limit on the rebates. Currently JFX website is available in 14 languages (English, German, Spanish, French, Italian, Portuguese, Polish, Hungarian, Turkish, Russian, Arabic, Japanese, Korean and Chinese), and clients span 28 countries.
Top 10 Forex Brokers in February:
These are the voting results of the second month of 2013.
First day of every month all rating results are being cleared off, and the competition starts anew. Beginning a monthly rating at the ‘zero’ point allows identifying the best fx market performer of the past month, which means shaping profiles of the Forex Ratings list participants in the most objective way. Each broker is rated by the actual number of votes.
Our rating helps forex traders evaluate achievements and faults of the forex companies and share the unbiased opinion with other participants of the forex market.
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