May 2014 Forex Rating Results: Newbies Storm the Hill

We at Forex-Ratings.com take pride in our special interactive platform. Our user-friendly assessment system is designated for individuals of all levels of forex trading experience. Any registered user is able to cast votes on Forex-Ratings.com and thus express their opinion about either excellent or poor performance of the brokerage firms working on the foreign exchange market. The functionality provided by our site developers allows voting and commenting, as well as writing reviews on any actual forex topic. Our listing provides up to date indication which forex brokers are on top today.

This review analyzes traders’ choice of companies to trade with in May 2014. Remarkably, this time Top10 comes 40% renewed in comparison to the previous month. Let’s see who’s burst into the list and why.

First off, let’s avow that the takers of winning pedestal persist, threats notwithstanding, for the second month in a row in the same configuration.

According to the opinion of the majority of our voters, the best forex broker in May is again FxPro. This broker maintains leadership since the beginning of the year showing steady performance and thus reinforcing the loyalty of the clients. The broker headquartered in Cyprus has been established as long ago as in 2006, and since then has won a number of international forex awards. At present FxPro offices are located throughout Europe, from UK to Russia. The broker offers a wide range of trading assets. Along with currencies they comprise equities, indexes, spot metals, commodity futures and energy futures.

The ‘silver’ award of May goes to Swissquote Bank. This broker in May was specially noticed by the clients for its excellent support service, which is dexterous in fixing technical issues. The Swiss-based broker is remarkable for offering secure and transparent trading conditions. Swissquote Bank works with both private traders and institutional investment companies, offering not only currency trading, but also stocks, commodities, and other.

FOREX.com is the ‘bronze’ winner of May rally. The company traces history to 2001; since then it is rightfully keeps its positions among the leaders in currency and CFD trading. FOREX.com meets the interest of traders of various levels of experience, and is remarkable for reliable trade execution, tight spreads, innovative trading instruments, and lots of trading platforms to choose from. The parent company of FOREX.com is GAIN Capital Holdings, Inc., a world-class publicly traded company listed on The New York Stock Exchange (NYSE: GCAP). Thus, FOREX.com adheres to the highest standards of corporate governance, financial reporting and disclosure.

MasterForex (MFX), having retained the 4th position since April, introduced a number of promotions during the last spring month. To name just a few, these were new rounds of Cent Millionaire, Big Eight, and introduction of the winner of Lady MFX tournament. Besides, MFX announced innovations in the company operations in Indonesia and Georgia. Round out of the picture, in May MFX has become the winner in the Best ECN Broker nomination of IAFT Awards.

FXCM, 5th place finisher, is a market maker and one of the key liquidity providers. This US-based global company is currently of the major providers of trading services. FXCM offers currency trading, stocks, oil and metals. The broker offers a variety of trading platforms to suit all kinds of traders, including the worlds’ most popular, MetaTrader4. A few months ago FXCM has included mirror trading into the array of the offered services, therefore among the platforms available at FXCM is Mirror Trader. The broker also features solutions for desktop and mobile trading. Another FXCM business dimension is educational paradigm. New clients with little knowledge of forex trading are provided with books, tutorials, learning courses, webinars, etc. – all for free.

Armada Markets, 6th place, has reached Top10 for the first time, and we give a warm welcome to this new and assertive forex broker which already has gotten worthful reputation on the forex market. The broker offers prompt client support, and, what’s of primary important to traders, Armada Markets offers positive slippage, low spreads, fast execution and small trading costs. Armada keeps its profile also in having all the transactions, both deposits and withdrawals, processed really fast.

NordFx in May improved its position, having stepped from the 8th to the 7th step of the “Top” ladder. Generally, NordFX provides a wide range of forex services on the global financial markets, with customer support available in ten languages. The broker’s representative offices are located in Russia, India, and Ukraine.

Strong points of NordFX performance are fast transactions and well-trained online support. NordFX is one of the leaders in bonus promotions, and one is the company offering the lowest dynamic spread. The broker allows traders to use expert advisors and any trading strategies including scalping and news trading. Trading conditions at NordFX are flexible conditions. It is possible to start with a "Micro" account starting from $5, tight fixed (from 2 pips) and variable spreads (from 0 pips) on different types of accounts.

HotForex takes the 8th line in the May Top10; this is another newcomer deserving a special notice. This is both an investment company and a broker providing currency and commodities trading. According to the traders’ multiple opinions, as an STP broker it is quite reliable and trustworthy, with fast and effective processing of deposits and withdrawals. HotForex focuses extensively on promotions, such as trading contests. The broker constantly enhances the quality of the provided services and trading conditions. HotForex support service is yet another strong point of the business and deserves a special notice as qualified, skilled and available 24/7.

24option, 9th place finisher, is a company known mostly as one of the leaders in the binary options markets. The broker sticks to the principles of fair and transparent trading, and ensures safe and comfortable trading conditions. Services offered by 24option are available to the clients all around the clock.

FxNet occupies the closing line of Forex-Ratings.com Top10. FxNet is an STP NDD broker that boasts highest trade execution. Trading with FxNet the trader can never face slippage or requotes. Islamic accounts (no swaps) are also available on FxNet. Besides, the clients highly estimate the broker’s support service.

Top 10 Forex Brokers in May:

  1. FxPro
  2. Swissquote Bank
  3. FOREX.com
  4. MasterForex
  5. FXCM
  6. Armada Markets (new)
  7. NordFX
  8. HotForex (new)
  9. 24option (new)
  10. FxNet (new)

Important: on the first day of every month all the previous voting results are annulled, and the race to the top starts anew. The competition opens at the ‘zero’ mark for all the listed brokers equally, so both renowned rating veterans and new brokers share and share alike. This principle guarantees no stagnation in the brokers’ position, which means all the active listing participants keep going without easing off to keep their clients satisfied in every way.

Be sure it won’t take much of your time to get registered and become one of those who decide which brokers deserve to be on top. You will be able to write about any broker of interest and cast up to five votes daily.

Join Forex-Ratings.com voting community and make yourself be heard on the vast forex ground!

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...

January 2017 Top Forex Brokers: Hot Offers Meet with a Ready Market

Forex-Ratings.com, since its launch it 2006 and up to date, accurately keeps the chronicle of the best-performing forex brokers as well as of the promising newbie companies having just entered the forex market...

December 2016 Top Forex Brokers: Recognizing Top Rated Forex Brokers of 2016

Forex-Ratings.com is doing its continuous job of evaluating forex brokers’ performance since 2006. During years of practical and never-ending work we have developed...


November 2016 Top Forex Brokers: The Freshmen Pose a Challenge

Forex-Ratings.com is a forex database and assessment platform. It is up and going continuously on since 2006. The site comprises a colossal fx and binary database with details of operational activity of the most of the currency trading companies working worldwide...

October 2016 Top Forex Brokers: Steady Does It

Forex-Ratings.com keeps track of forex and binary brokers’ activities since 2006. The community of the site is made up of currency traders, financial experts, business entities, journalists and other industry experts...

September 2016 Top Forex Brokers: Proof of Advantage

Forex-Ratings.com is forex database continuously growing since 2006. Our materials reflect all the actual changes on the forex data, and our specialization is ranging forex and binary brokers currently working on the global financial market...


August 2016 Top Forex Brokers: A New Winners' Constellation

Forex-Ratings.com is a one-of-a-kind site providing latest news about forex market and top forex and binary brokers. And we’re doing it on a continuous basis – every day since 2006. On a daily basis we collect and systemize the data related to all aspects of currency trading, especially its practical issues...

July 2016 Top Forex Brokers: New Routes to Explore

Forex-Ratings.com keeps on doing its never-ending work of evaluating forex brokers since 2006. During years of steady and in-depth research we have elaborated a huge base of business information related to the majority of fx companies operating on the global financial markets...

June 2016 Top Forex Brokers: Stiff Fight on Its Height

Forex-Ratings.com is a forex information source and assessment platform that has been launched in 2006. The platform features an enormous forex and binary database containing details of operational activity of the majority of forex and binary brokers currently working on the global financial markets...




Popular forex reviews

FXall

Just for proof of good customer support, I've made a few fake phone calls to this broker... and what do you think? I've got very polite responses on all my fake concerns and questions about server disconnection. I actually have no real account but...

Review rating - 2 Review rating

Blackwell Global

Interesting broker. Like the support and my account manager has helped me out. Need a few more...

Review rating - 1 Review rating

Extra income with Managed accounts by FIBO Group
Extra income with Managed accounts by FIBO Group

FIBO Group forex brokers offer unlimited opportunities to obtain additional income for traders. Become a money manager and make a profit by using your experience and knowledge. Your reward depends on the successful management and the volume of attracted capital from investors. FIBO Group supervises all deposit and withdrawal operations, profit distribution and guarantees the timeliness of all transactions.

FXDD

I came across trading strategies as effective tool while studying how to invest profitably. FXDD was my first broker and probably my worst one. I bought automated strategy on MT5 marketplace, tested it on demo and real accounts. Finally, i decided...

Review rating - 4 Review rating

CM Trading

Trading with CMT is a great experience. I learned a lot during the past few months and I am glad for the Sirix platform. Its uniqueness and its simplicity it's what makes it...

Review rating - 1 Review rating

CM Trading

Even tho CMTrading is fairly new broker in the Forex world (only 5 years working) they are at the very top of the Broker Pyramid! I've been trading with them for a few months now, and before going live I had a demo account and I was studying their...

Review rating - 2 Review rating

100% Bonus Maximiser - UNLIMITED
100% Bonus Maximiser - UNLIMITED

Give a giant boost to your trading, on top of your initial investment, with FXGiants 100% Bonus Maximiser. Be rewarded with this unique offer and maximize your trading potential with NO limits. Register to claim the bonus now!

FX Solutions

In my opinion, this is the best brokerage company among others. I have invested over $5,000 in selling GBP after brexit event and now I can see how good investment I’ve made. Software & web applications are used only to monitor my current...

Review rating - 3 Review rating

  


Share: