March Voting Results: Stability Above All

Forex-Ratings.com adheres to the principles of objectivity, taking into consideration multiple and diverse opinions of the visitors of our site. Forex-Ratings.com was set in its present form in as long ago as 2006, and since then we keep on constantly working on adding new knowledge about forex markets to our database.  

Each month we publish a list of best ten fx brokers of the previous month. This list is regularly renewed, as it is based on the voting results of our community. Our registered site visitors are given a variety of tools to vote, comment, write reviews and communicate with the listed brokers who are currently on the frontline of the currency exchange industry. The Top10 list is upgraded on an ongoing and regular basis, keeping up with the changes and novelties in the forex market. In other words, our site community is a think tank not only reflecting the present day situation, but also giving substantial impact to the brokers’ acknowledgement, and, remarkably, to their business conduct. Indeed, the brokerage firms have to comply with the clients’ expectations, and Forex-Ratings.com is a perfect ground where forex firms and clients meet.

Some of the members of the Top10 list can be already named "veterans" for showing steady and consistent performance. Of course such way of business conduct is greatly appreciated by the forex traders seeking stable and predictable environment.  In most cases they choose to trade with brokers having perfect reputation and years of experience in the forex market.

At the same time, there was hardly a month that we were not introducing a new and promising brokerage firm that has already gained huge support of its clients. Therefore it is not for nothing that they are currently a part of the excellence list.

We greatly appreciate our site visitors’ activities, as they help making perception of the forex market and its participants more clear and intelligible. Every vote or comment left on Forex-Ratings.com matters and is definitely a valuable contribution to the common cause.

So, now is the time to name the best rated fx brokers of March according to Forex-Ratings.com. In the first month of spring 2014 the list has been 10% renewed, featuring RoboForex as the newcomer, whereas HY Markets has left Top10, but hopefully not for too long.

Top 10 Forex Brokers in March

Top 10 Forex Brokers in March:

  1. FxPro
  2. Swissquote Bank
  3. FOREX.com 
  4. MasterForex (MFX Broker)
  5. MRC Markets
  6. FXCM (Forex Capital Markets)
  7. HotForex
  8. RoboForex (new)
  9. EXNESS
  10. LiteForex

FxPro is a broker with an impressive 8-year history on the market, a well-balanced and comprehensive website and impeccable customer service. In terms of functionality, FxPro features a wide range of instruments and trading assets, including index futures, equities, commodity futures, and more. Trading platforms available at FxPro include customized versions of MetaTrader4, cTrader, ebTrader, MultiTerminal, Mobile Platforms and ECN FxPro cTrader. As for FxPro client support, it is known to be among the best in the industry. FxPro has been a winner of multiple financial awards during years of operation. In March FxPro has by right had taken the upper step of the forex pedestal, this proving great level of support this broker enjoys for months and years in a row.

Swissquote Bank belongs to the class of market makers and pioneers of the forex business established in 2000. In March SQ bank has won ‘silver’ of our rating, and this is definitely a well-deserved reward. SQ Bank works with a wide range of traders, from large institutional companies to private traders.  Financial services offered at SQ Bank include not only trading currency pairs, but dealing with other assets as well, which includes stocks, commodities, and energy assets. Their site is user-friendly and available in a number of languages, including Chinese and all the key European languages, which means the audience of SQ Bank is diverse in various characteristics, including location, walks of life, investment approaches, etc.  The client support is praised by traders, as all the operations and queries are processed in a short time.

FOREX.com in March has become the ‘bronze’ finisher. This company established in 2001 is known as one of the most reliable. The strong points of Forex.com are cutting-edge trading tools, competitive pricing, and thorough regulation. And, this brokerage firm needs to be specially mentioned for the incessant educational efforts. Along with a wide range of trading courses, tutorials and webinars for new and experienced traders, Forex.com professionals offer valuable advisory assistance to individual traders.

MasterForex (MFX Broker) is now in its eighth year of operational work. Talking about this broker, the first thing that should be noted is its generous and diverse promotions addressed to forex traders of various locations and levels of experience. MasterForex is among the leaders in this field.  In March the broker announced winners of the 4th stage of Big 8 contest, has launched a Lady MFX Tournament, have been running and publishing first results of Cent Millionaire contest; the much in demand 100% bonus on deposit promotion has been prolonged till April 15th. Moreover, MFX team has improved the CPA program terms and became the primary sponsor of International Association of Forex Traders (IAFT) contests for traders. As for MFX financial activities, in March the company has added Perfect Money payment processor to the set of the available payment tools.  As for bank card deposits, they are processed without commission until April 15.

To distinguish the quality of investment products of MFX Broker, they are put for award in nomination: Innovative solutions in the sphere of investment – 2014.

MRC Markets is worth of a special notice for offering over a thousand trading instruments, which include binary options, which are known to allow for potentially high returns. The broker continues global expansion conquering the new markets with a wide range of brokerage services available to currency traders. Among these services are portfolio management, special PC software, access to the financial markets (foreign exchange, stocks and commodities). The broker adheres to innovations both in technologies and in the marketing trends. MRC Markets regularly runs bonus promotions for those of their clients who are about to make a step from demo account to trading real money. There are also special offers for referring a friend and for keeping the funds on the trading account no less than 6 months. The trading platform offered at MRC Markets is Metatrader 4, which is one of the most popular among forex traders.

FXCM (Forex Capital Markets) is one of the major liquidity providers and market makers. As far as currency trading is concerned, FXCM belongs to forex brokers focused on the mass market model and should be noted for the implementations of the MirrorTrader outlines. Generally, this US-based broker should be considered as one of the oldest (established in 1999) and most reliable investment company, and one of the not so many that work with the US customers. The company is regulated by the number of key financial regulators, such as FSA (UK), and their peers from Australia, Hong Kong, and Germany. FXCM newcomers are offered free services of the company own Educational Center. The services include tutorials, learning courses, webinars, and more. The support team is multilingual and available 24/7.

HotForex is a globally operating currency and commodities trading provider as well as an investment company. The company has been established in 2007 and has an ever-growing customer base. The “hot”platforms offered by the broker are: HotForex MT4 Terminal, HotForex PAMM system, Hot Webtrader, Hot iPhone and Smartphone Trader. HotForex clients receive a 24/5 support in multiple languages and worldwide, and their support is one of the best in the industry resolving the clients’ queries in a fast and easy way. The website of HotForex has been renewed for better apprehension by the clients.

In March HotForex has attended the International Finance Magazine Awards in Dubai and received the ‘Best Forex Affiliate Program’ Award of the event. Tellingly, HotForex offers its partners various formats of co-operation and earning commissions on forex and binary options. Binary options are one of the most remarkable aspects of HotForex operational business, their OptionTrade brand is one of the leaders of the binary trading industry, which is becoming increasingly popular among traders due to its simplicity, high potential yields and fast returns of the earned profits. In the first week of March HotForex has introduced the Titans Program, a solution for both retail investors and high-class money managers: professional trading teams on a daily basis manage substantial amounts of money entrusted by investors. They perform trading operations applying elaborate trading strategies to ensure safety of the finance and continuous returns.

RoboForex, the New Zealand based forex broker, is the March newcomer of our Top10 ranking. RoboForex offers a variety of Forex trading accounts (from Micro Cent accounts for novice traders to professional ECN accounts), trading terminals MetaTrader4, MetaTrader5, cTrader along with a wide range of trading instruments to help their clients exercise any kind of trading strategy. In March RoboForex has announced the Metatrader4 update, Build 600. RoboForex has gained a reputation of one of the most active educators among forex market participants. The broker offers various webinars dedicated to the aspects of the market, such as profile basics, logic, correlation, price action patterns, forecasting, and more.

EXNESS is registered in New Zealand and belongs to the class of leading investment companies. The company provides services for trading operations and for effective private and institutional investments to both private traders and investment institutions. EXNESS takes pride in implementing the latest technologies related to trading, investments and information. The company was established in 2008 and during years of operation it has gained multiple honorary titles and financial awards. Among the nominations won by EXNESS were “Best Order Management”, “Best Mini Broker”, “Best Forex Broker Asia”, “Best Forex Broker Russia”, etc.

LiteForex was founded in 2005. The broker offers over 45 trading technologies for beginner traders and gives an opportunity to start trading in the Forex market depositing just one dollar. A traders’ deposit appears in US cents on the Lite group accounts, so new traders perceive it like an amount in US Dollars. Thus Forex beginners are able to experience Forex market in reality with minimal spending. This spring LiteForex opens doors to clients of the liquidated ForexCent broker keeping their profiles and omitting any financial losses to the former ForexCent clients.

Such are March 2014 voting results. As usual, on the 1st day of every next month the previous voting results are cleared and new voting starts from scratch. We believe, and years of work support us, that this is the way to determine the best performing forex companies the most objective way.  All the brokers are ranked according to the actual number of votes "for" and "against."

It is important to notice that the next month’s Top10 list may look significantly different, as our listing is alive and prone to any changes in the traders’ opinions regarding forex market participants.

We invite you to vote and bring to the limelight the true forex market leaders.  You can vote as often as every day, and you can start as early as now! Any registered visitor can opt for/against five rating participants every 24 hours.

Join us and get your voice in the forex trading community. Every opinion matters!

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