November 2013 Voting Results: Uneasy Balance of Powers

Forex-Ratings.com invites new visitors to join our community in order to assert themselves and to influence the disposition of powers in our monthly rating. Along with voting and sharing personal trading experience our registered visitors are able to learn from experienced traders, compare leading forex brokers of today and decide which brokerages deserve top positions for their operational work and provision of quality services.

Sharing your opinion about forex brokers is easy and convenient. As a registered user you are able to vote for or against forex companies on a daily basis, and to express your ideas on trading forex in the reviews and comments. Our Forex Ratings list of topnotch brokers features a worthy range of brokers to choose from.

In this review we are pleased to bring November voting results to the attention of the Forex Ratings community. Compared to the previous month of October, two brokers of the Top-10 list have been replaced with two newcomers, which means in 30 days the ‘best of the best’ list has been 20% renewed.

The leader of the November Top10 is FxPro, a veteran of our list. In October FxPro was our ‘silver’ finisher, but kept gaining traction, and the result was not too long to wait for – one month later the Cyprus-based currency trading giant and F1 sponsor has left all the competitors behind. According to the traders’ opinion, FxPro is a real market leader, as it offers tight spreads and no requotes, has efficient trading tools and a reliable helpdesk.

New blood of November Top10 are NordFX (2nd place) and LiteForex (8th place). 

2nd place finisher, the India-based NordFX, in November has introduced a new deposit method. Eleksnet + HandyBank is a new payment solution now available to traders to transfer funds to the trading accounts. This deposit solution has been projected for the Eastern Europe where a large part of NordFX clients trade from. Eleksnet + HandyBank  payment method simplifies the deposit procedure, as a trader doesn’t have to register a wallet in a payment system to use Eleksnet. Payments are to be done via landbased Eleksnet terminals, and the payment reference is HandyBank. “Eleksnet and HandyBank” funding method has been already implemented into the traders’ private cabinet so that clients can monitor all the transaction details.

Moreover, in late November NordFX has announced the release of the latest version of the mobile platform MetaTrader 5 iOS. The new application contains revised charts and market depth, updated chat as well as “News” and “Mailbox” tabs. The number of timeframes has been increased: weekly and monthly time intervals are now available.

FOREX.com, the November bronze winner, deserves a special notice for its efforts in providing various learning programs to new FX traders, including video tutorials, webinars on demand, and personal support from market strategists.

November has turned out to be quite a turbulent month for our listing participants, as only one of them, FxNet, has managed to keep the same position as one month before (10th place). Throughout November FxNet has been featuring a special 100% Welcome Bonus offer for new registrants who’d opened real money accounts and made deposits.

In November MRC Markets, MasterForex, FXCM, HotForex and RoboForex have taken lower steps of the Forex-Ratings.com Top10 ladder. But, in any case, they all deserve praise as steady performers who manage to stay in the upper third of the Forex-Ratings.com brokers’ list one month after another.

XM.com and Blackwell Globall have been out of November Top10 list, despite of high evaluation of their performance one month before (7th and 8th places correspondingly in the October list). We wish them good luck and expect to see them among the renowned FX companies in the near future, as they definitely deserve this.

Blackwell Global is remarkable for its educational undertakings and for publishing up-to-date market analysis on our site. XM.com needs to be highlighted for its diverse and ongoing promotional offers, such as “50% Bonus up to $500 + 30% Bonus up to $10,000” and “Loyalty Bonus – 30% Bonus up to $10,000”.

Top 10 Forex Brokers in November:

  1. FxPro
  2. NordFX (new)
  3. FOREX.com
  4. MRC Markets
  5. MasterForex
  6. FXCM
  7. HotForex
  8. LiteForex (new)
  9. RoboForex
  10. FxNet

These are November voting results. But the configuration on the list might look absolutely different when you check our rating during the first days of 2014! As usual, on the 1st day of every new month Forex-Ratings.com nullifies all the previous voting results and the race starts anew. We constantly stick to the principles of clarity and objectivity in providing information about the key forex market participants.

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. Each broker is rated by the actual number of votes. Any registered user is able to cast up to five votes in 24 hours.

Our site’s registered users cast votes and thus set priorities on the global forex market of today as well as of the near future. Opinion of any active trader matters!

Make sure our next month’s voting release takes your opinion into account!

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6OctaFXOctaFX84%
7HotForexHotForex81%
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