Newcomers Go Over the Top: July 2013 Voting Results

At Forex-Ratings.com we provide a flexible and convenient platform allowing real-time customer evaluation of achievements and blunders of the forex market agents. Moreover, our registered users are able to share their unbiased opinions with other forex traders.

Forex Ratings invites both beginners and experienced forex traders to join our community to express their opinion on the key forex companies of the present day, and to vote for/against any forex broker featured on the list. Forex Ratings registered users are those who bring a verdict which companies are currently the best providers of financial and investment services, and which have degraded in performance compared to the previous months.

This review analyzes voting results and broker preferences of the Forex Ratings community in July.

In July the Top10 list has been 40% renewed, which is a remarkable sign of the activity of our site’s visitors in midsummer.

Congratulations to the best forex broker of July, MRC Markets! Master Forex has handed its June leadership over to the new ‘king of the hill’ and is now positioned on the 3rd place. The ‘silver medal’ of July goes to AvaTrade.

In July MRC Markets has offered its clients an advantage of three bonuses under one promotion; to join the promotion a trader has to fund their trading account till August 31, 2013.  Clients who do so are to get three bonuses, each next bigger than the previous one (20% bonus to the first deposit within the promotion period; 25% bonus to the second deposit, and 30% bonus to the third and further deposits.

Moreover, in July MRC Markets has introduced new trading opportunities: apart from the long established contracts such as Gold vs USD and Silver vs USD it is now possible to trade Gold and Silver against Euro and Australian dollar.

AvaTrade, a forex broker established 2006, is now recognized as one of the industry leaders. It provides ultra-modern trading platforms (including  AvaTrader and MetaTrader4) with instantly updated charts along with technical indicators and actual economic calendar. AvaTrade’s customer service is also worth mentioning for offering help to customers from 120 countries on a non-stop basis, 24 hours a day.

MasterForex, the ‘bronze’ July finisher, in midsummer has been constantly introducing updates and renovations in its services and promotions.

At the very beginning of July MasterForex has announced renewal of its main page so that now it has a handy interface for beginners, traders, investors and partners to find needed information easily.

In July MasterForex:

  • had run a special tournament for demo accounts called FX Rodeo with monthly prize having amounted to $10,000;
  • has introduced a new service called ‘Credit of Trust’: once a trader is unable to add funds to their account at the moment, it is possible to send a request and 15% of the current balance shall be added to the account (on a temporary basis);
  • has made available a function of automatic funds addition. Funds are transferred from MF wallet to a trading account when margin level in the trading account reaches a defined in advance;
  • has activated a new CFD service offers professionals new opportunity of trading derivatives. Commissions for all CFDs has been totally cancelled, and the positions are not closed with the expiration of a contract;
  • has made PayPal payment method available to MF clients for depositing.

Speaking about our Top10 veterans, in July they seem to have been through the mill, as only 1st and 2nd place finishers are the brokers who improved their positions compared to June. At the same time, such listing frequenters as eToro, NordFX, RoboForex and FBS are out of the top list. We are guessing if July positions’ losers are able to analyze weak points in their performance and recover leading positions soon. Chances are that they will make it, as it has already happened to them much more than once.

Two listing participants keep the same positions as one month before: HotForex (5th place) and FxPro (8th place).

Positions of Master Forex (3rd place) and Swissquote Bank (4th place) in July have slightly deteriorated, however, these results are still impressive, so this is not yet a significant indicator to speak of these brokers’ performance decrease. We will keep an eye on them further on to see which way the things will develop.

And this time we give a warm welcome to the July Top10 newcomers: Forex.com (6th place), LiteForex (7th place), MAYZUS (9th place) and IBCFX (10th place).

FOREX.com has been established as early 2001 an since then this broker is known as one of the worldwide leaders in forex and CFD trading. Forex.com constantly keeps to the principles of offering extra competitive and transparent pricing (tight spreads), trustworthy trade execution and innovative trading tools to the clients so that they can successfully trade in the most important forex markets of the world. Multiple trading platforms featured by Forex.com meet the needs of all types of traders.

LiteForex, a broker founded in 2005, offers more than 45 trading technologies for beginner traders and gives an opportunity to start trading in the Forex market depositing only ONE DOLLAR. A traders’ deposit appears in US cents on the Lite group accounts, so new traders feel like operating the same amount but in US Dollars. This new technology allows Forex beginners to experience Forex market in reality with minimal spending.

Moreover, LiteForex offers competitive trading conditions for Forex professionals all over the globe and provides market analysis and a professional affiliate program.

MAYZUS is known to provide novice traders with an array of educational materials, demo-trading accounts, LITE accounts, user-friendly applications and live 24/5 support to ensure that even newcomers feel comfortable and secure while trading. MAYZUS more experienced clients are recommended to use REAL accounts as well as Classic and Viking Currenex accounts. A variety of trading instruments, such as 33 currency pairs, commodities, CFD Shares and Futures are a significant addition to the brokers’ offer.

IBCFX has to be noted 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.

Top 10 Forex Brokers in July:

1. MRC Markets

2. AvaTrade

3. MasterForex

4. Swissquote Bank 

5. HotForex

6. Forex.com (new)

7. LiteForex (new)

8. FxPro

9. MAYZUS (new)

10. IBCFX (new)

First day of every month all rating results are being nullified, and the competition starts anew. Beginning a monthly rating at the ‘zero’ point helps determining the best fx market performer of the previous month. This helps configuring profiles of the Forex Ratings listing participants in the most objective way. Each broker is rated by the actual number of votes.

Our voting platform ensures that it won’t take much of our visitors’ time to express an opinion about good (or bad) forex brokers once they wish to share their considerations with the Forex Ratings community. When registered, you can do the voting as often as once in 24 hours, and have no restrictions in posting your comments on any participant of the voting list.

October 2017 Top Forex Brokers: Tough Competition with the Newbies

Forex-Ratings.com is one of the leaders of the forex news and analytics market, and we do our best to ensure steady growth and enhancement of all the informational services that we provide. Since 2006, that is, for over 10 years now, Forex-Ratings.com keeps on doing its never-ending job of evaluating forex and binary...

September 2017 Top Forex Brokers: Consolidation of the High Points

For over ten years now Forex-Ratings.com is known as a source of consistent and reliable information showing who’s who on the forex market. We have collected information on the majority of the fx and binary companies that have ever been offering their services to private traders...

August 2017 Top Forex Brokers: See Who Hits the Mark!

Forex-Ratings.com for over 10 years continuously follows and tracks 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. We deem that our day-by-day work helps improving the quality...


July 2017 Top Forex Brokers: Where Every Single Bit Counts

Forex-Ratings.com is a forex data hub that is running continuously since 2006. On a daily basis we accentuate the most important trends of the global forex and binary options market. We rank the most significant companies currently offering their services in the global currency exchange industry...

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...




Popular forex reviews

Fort Financial Services

Good broker. When I wanted to withdraw they ask me to verifiy. And I upload documents and they verified my documents with 20 minutes and withdraw my money. Compare other broker Fortfs have good spread and low commision. Fast withdraw, good support,...

Review rating - 2 Review rating

Admiral Markets

I had my doubts looking to invest more, but Admiral Markets’ personal offer exceeded my...

Review rating - 1 Review rating

Multiply your income by sharing trades
Multiply your income by sharing trades

Get more than just profit from trading. Share your trades and earn up to $8 from every copied lot from you. Become leader at Share4you copy trading service powered by Forex4you.

LiteForex

Two years ago I registered on the site of the broker LiteForex, after registration I visited this site only a few times and decided not to trade. A few days ago I decided that I should try to start trading again. I was surprised that my registration...

Review rating - 2 Review rating

FxPro

FxPro is the first broker with which I finally started to earn really good money. They allow all kind of strategies and advisors. And all conditions are transparent. Also, they offer quite good mobile platform for trading. Very convenient to trade...

Review rating - 2 Review rating

Alpari

Hi, Friends, I am Sumit From India, I am trading with Alpari from last 6 months but I have not withdrawn from Alpari to India can anyone guide me to trade with Alpari Is it really genuine withdrawn to India and can we work long term with alpari...

Review rating - 2 Review rating


InstaForex

I deposited money into my trading account few days ago but It is not yet reflected in my trading account, like why is it taking so long because it has been about 4 days...

Review rating - 1 Review rating

  


Share: