March FX Brokers' Voting Results: Veterans on the Rise

At forex-ratings.com any of our visitors is able to express their opinion upon the most important forex brokers’ performance of today. Each visitor is able to do so by means of voting and commenting through the site. Every opinion that is expressed at Forex Ratings matters and has its weight. The more activity is expressed by our visitors, the more clear and measurable becomes the fx market.

In this review we are highlighting the best rated forex brokers of the first spring month of 2013 in regards to our community’s voting results. In March the Top 10 list has been 30% renewed compared to the previous voting month of February.

NordFX takes the lead of the rating for the second month in a row having enough potential not to let its nearest competitors climb on the top of the forex rating yet.

In March NordFX has published a review on the the 7th annual international exhibition TREND 2013 held early this year in Cairo. NordFX has been the sponsor of this event participated by the largest broker firms of the Middle East and having attracted a huge number of visitors.

Besides, in March NordFX has introduced Neteller as a new payment method available to its traders for both depositing and money withdrawal.

NordFX company news of March also reflected its hosting of the “Legends Cup” football event in Moscow; this fact definitely adds to the company image as an entity committed to supporting sports and social events.

Now let’s have a glance at the March activities of the Forex Ratings Top 10 newcomers:  FxPro, FXCM, and eToro.

In March FxPro has reiterated its commitment to the security and safety of client funds. As a result of measures taken over the past two years, FxPro has positioned itself as a forex broker providing the highest possible levels of reassurance for clients and their funds.

To add to that, in March FxPro has announced its official accreditation by the International Recognition Panel as an Investor in People Organization. FxPro has been the first in Cyprus to join it among its forex competitors.

Investors in People is a well-known business improvement framework established to develop an organization’s performance through the effective management and stuff optimization. Thus, FxPro has contributed to the continuous growth of Investors in People; business standards offered by the Investors in People framework are currently applied in over 40,000 companies globally, across different business sectors and industries.

In order to achieve such an accreditation FxPro was evaluated in the following areas and successfully met the necessary requirements in:

  • Business and HR Strategy
  • Leadership & Management Skills
  • Communication
  • Manpower Planning
  • Decision Making Process- Involvement & Empowerment
  • Performance Management – Recognition Practices, Constructive Feedback
  • Pre-determined competency areas
  • Training & Development
  • Coaching and Motivation

FXCM has announced key operating metrics for March 2013 for its retail and institutional foreign exchange business. According to the metrics, retail customer trading volume for the first quarter 2013 was $1.04 trillion, 17% higher than the fourth quarter 2012. Tradable accounts of 195,629 as of March 31, 2013, an increase of 4,738 accounts, or 2% from February 2013.

The metrics also reflects an average of 18,054 institutional client trades per day in March 2013.

eToro, one of the leading players on the forex market, in March kept offering an up to $10,000 bonus on the first deposit (depending on the deposit amount).

eToro is a forex broker always worth noticing for its social networking activities. In March eToro kept featuring its famous ‘Invite a Friend’ promo: for every friend referred to eToro who deposits a minimum of $100, a client receives an automatic referral gift of $100 and the friend receives an automatic referral gift of $50.

Top 10 Forex Brokers in March:

  1. NordFX  
  2. MasterForex 
  3. Ava FX
  4. Swissquote Bank
  5. MRC Markets  
  6. RoboForex 
  7. FxPro (new)
  8. FXCM (new)
  9. eToro (new)
  10. Alpari

These are March 2013 voting results. But everything might again change next 1st day of the month. First day of every month all previous rating results are nullified and the competition starts anew. Beginning a monthly rating at the ‘zero’ point allows identifying a monthly winner and thus forming the rating participants’ images the most objective way.

Express yourself on our easy and handy forex voting platform. The most and least preferred forex brokers need to know your opinion.

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