In this review we are naming the top rated forex brokers of the last month of 2013 as per our site’s voting results. In May the Top 10 list has been 30% renewed compared to the previous voting month of April. The May top list entrants are: eToro, FXCM, and RoboForex, whereas Admiral Markets, IBCFX and FBS have been set down for this time.
AvaTrade, the April Top 10 leader, in May has given way to Swissquote Bank, which has never been noticed to have dropped out of Forex-Ratings.com Top10 since the beginning of 2013.
Congratulations to Swissquote Bank on its well-deserved May ‘golden’ place! This Swiss-based broker offers 60 currency pairs to trade, plus gold and silver. Swissquote is a market maker broker supporting leverages of up to 100:1 and fast trading strategies such as scalping. Swissquote is well-known globally; its website is available in eight languages including Arabic, Russian and Spanish.
MasterForex has finished the May competition on the 2nd place, same as one month before. The traders have definitely appreciated the fact that after the May crash of the Liberty Reserve payment system MasterForex came up with a guarantee of security of the traders’ funds and all financial operations having offered alternative payment methods. To add to that, MasterForex has announced a number of improvements and innovations for the summertime in regards of partnership program, improved welcome-bonus (initial deposit increased 15 times), ‘It Is Better with Friends’ promotion, and more.
MRC Markets is the May ‘bronze’ finisher. Along with HotForex and NordFX, other brokers that are well-known to our site’s regular voters as Top10 frequenters, MRC Markets has in May has improved its position in the rating.
MRC Markets has recently introduced its branded binary options trading offer, MRC Options. Additional instruments that are now available to traders include binary options on new currency pairs, commodities and indices.
HotForex has in May announced the launch of Final Pay, a payment gateway provided for traders’ convenience. Final Pay services businesses and individuals, giving them complete control over their international monetary transactions with the ability to make deposits via local banks.
Another remarkable customer arrangement of HotForex in May is definitely the introduction of FIX Account with fixed spreads. FIX Accounts are an interesting solution for clients who wish to make trading decisions with maximum control and/or implement exacting trading strategies.
NordFX is worth noticing for offering direct access to ECN, expanding traders’ opportunities (lowest spreads, market depth, etc.) along with instant executions without manual dealers and no restrictions in usage of supplements, such as expert advisers or signals.
Top 10 Forex Brokers in May:
- Swissquote Bank
- MRC Markets
- eToro (new)
- FXCM (new)
- RoboForex (new)
These are May 2013 voting results. As early as June 2013 the configuration might undergo serious changes. First day of every month all rating results are being brought down to zero point and the competition starts anew. We believe this method helps forming the rating participants’ images the most unprejudiced way.
Each broker is rated by the actual number of votes (‘for’ and ‘against’).
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