As ever since its launch in 2006, Forex-Ratings.com keeps up with high interactivity standards. We offer pioneering evaluation instruments, and our main principles are transparency and objectiveness. Moreover, Forex-Ratings.com is a unique forex knowledge base that has kept steadily growing for almost nine years now and can provide reliable answers on various aspects of forex brokers’ performance and forex trading in general.
Forex-Ratings.com actual list of forex brokers features the most remarkable forex companies of today and on our site you will at all times find an answer on which forex broker to choose. At that, there’s always time and place for well-based critics on our site, as we give a word to any active participant of the forex market, be that a well-established fx broker or a regular currency trader.
Forex-Ratings.com visitors are granted with a number of options for expressing their considerations upon good and dubious forex brokers’ performance. Any registered visitor is able to regularly vote and post comments or forex reviews on Forex-Ratings.com. Any site’s registered user is able to express their opinion about best/worst performance of the brokerage firms currently active in the currency exchange market. Forex-Ratings.com solutions allow casting votes and writing reviews on any actual forex topic. With us you know on a daily basis which brokers are on top of the list of providers of currency trading and other financial services.
Every opinion expressed at Forex Ratings is important and valuable. The more activity is expressed by our visitors, the more transparent and apprehensible becomes the forex market! In this review we are naming the best rated forex brokers of the last month of 2014 as per our site’s voting results.
Congratulations to FxPro, the ‘gold’ winner of the closing month of 2014! This forex broker has been among the leaders of the race during the entire year, and it will be just right to render homage to this fx company due to its efficient performance and client attraction. FxPro is a Cyprus-registered broker working in the fx market since 2006. Currently FxPro has representative offices and sales centers in United Kingdom, France, Spain and Russia. The range of trading assets and instruments offered by FxPro includes Forex, Equities, Index Futures, Spot Metals, Energy Futures and Commodity Futures. In December FxPro has informed of launching FxPro Prime, a prime-of-prime offering to leverage the broker’s exceptional pool of FX liquidity and open it up for institutional businesses. With FxPro Prime institutional clients can take advantage of FxPro’s well-established relationships with its prime broker and LPs. The service not only offers prime brokerage and central single margin account clearing solutions with advanced real-time reporting; it is fast and simple for clients to connect to FxPro’s liquidity via API or the advanced bridge technology. Before the end of the year FxPro has been awarded Best Forex Provider 2014 at Investors Chronicle & Financial Times Awards. This ceremony was held at The Banking Hall in the City of London. The event celebrates the finest of the investment and wealth management industry and was attended by some of the best-known names in financial services.
The ‘silver’ award of December 2014 goes to EXNESS. This company, along with two other December Top10 finishers (HY Markets and OctaFX) has improved its Forex-Ratings.com listing position in December compared to the previous 2014 voting months. December results of such top performers as NordFX, Armada Markets, FOREX.com and LiteForex, have somewhat declined compared to the previous 2014 voting months. However, all of the said brokers managed to retain high rating position, which we believe is a sign of appreciation by their traders who highly estimate the brokers’ client focus, fast and easy financial transactions, and beneficial offers. In December EXNESS announced that its trading volumes will be audited by the world’s largest auditing firm, Deloitte. Since January 2014, EXNESS has been the only retail Forex broker to have its trading volumes audited by an independent auditor and, moving ahead, Deloitte will take over auditing the figures on a quarterly basis. December activities of the broker have also been marked with completion of a major project to update the official EXNESS website. As a result of continuous work the website has been completely transformed and now complies with the latest web technology standards. The new site is user-friendly and informative comprising the feedback and wishes of the EXNESS traders.
The ‘bronze’ finisher of the December Forex Ratings spurt was HotForex. HotForex was founded in 2007 and is headquartered in Mauritius. Correspondingly, the broker’s activities are regulated by the Financial Services Commission of the Republic of Mauritius (FSC). HotForex is a world famous investment company and trading provider dealing with currencies and commodities. The platforms available at HotForex include HotForex MT4 Terminal, Hot iPhone & Smartphone Trader, Hot Android, Hot Webtrader and HotForex PAMM system. HotForex guarantees its customers access to interbank spreads and liquidity through the most modern automated trading platforms and trading technologies. The broker’s clients include not only private traders, but also investment companies and fund managers. The highly professional HotForex support service is available worldwide 24/5. In December HotForex has launched a ‘Virtual to Real’ promotion addressed to demo account holders. Length of each contest round is one month, with a $3,500 prize pool for each round and three prize winning places. To participate in the contest a trader needs to open myHotForex account and make an initial virtual deposit of 100,000.
FXCM, the 4th place finisher in December, is one of the leaders in providing online forex trading and related services. FXCM works with private traders as well as with institutional customers all across the globe, including American residents, which is quite a rare option in the modern forex world. The company has its headquarters in New York, US and tracks its history from as long ago as 1999. The broker has earned a reputation of one of the most reliable investment companies working on the today’s global financial markets. The company is a major liquidity provider and a market maker. The core offer by FXCM is NDD forex trading. The broker offers competitive spreads on major currency pairs. FXCM traders can trade from real-time charts, execute trades in one click, and also trade on FXCM mobile version. Forex Capital Markets Limited U.K. subsidiary of FXCM, also offers CFD products with no re-quote trading, plus it allows clients to trade oil, gold, silver and stock indices along with forex, all on one platform. FXCM offers a variety of platforms to meet demands of various kinds of traders, including world’s popular MetaTrader4 along with FXCM Active Trader, FXCM Trading Station Desktop, FXCM Trading Station Web, FXCM Trading Station Mobile, and Mirror Trader. On any of the platforms clients have permanent access to financial news, market overviews, technical analysis. FXCM has licenses from a number of regulators registered in the US, UK, a number of European countries, Hong Kong, and Australia.
HY Markets, the company finishing on the 5th position in December, has an operational history which is one of the longest in the fx industry. HY Markets is a brand name of Henyep Capital Markets UK Ltd., a division of the Henyep Group, a global conglomerate with business in financial services, property, education, and charity in 20 countries around the world. Henyep Group companies are registered and authorized in London, United Arab Emirates, Hong Kong, and other leading business jurisdictions. Along with Forex HY Markets offers trading energies (oil/gas), metals, commodities, stocks, equities, indices and many more. At that, all the available trading tools can be used from the same trading account. At HY Markets customers are allowed to use expert advisors and “hedging” trading strategy. Automatic trading is also available to HY clients.
NordFX, 6th place in December, is an all-in-one provider of forex services on the worldwide financial markets, with customer support available in ten languages. In December NordFX has announced expansion of its range of account types and a new credit leverage of 1:1000. Accounts 1:1000 now offered by NordFX feature the following trading parameters: market execution, minimum deposit of $5, 20 currency pairs, fixed spreads from 3 pips, minimal lot 0.01, maximum lot 20, step 0.01, automated trading allowed.
OctaFX, 7th place finisher in December, has announced results of the very first round of the ‘marathonian’ Supercharged contest which will be run until mid-May 2016. Another promotion launched by OctaFX in December is a deposit offer: for traders depositing to their account the broker now offers a free bonus of 10%-50%. OctaFX’s shadower, Armada Markets, has been rewarded with the 8th place of the December listing. In the new year Armada Markets plans to focus mainly on providing liquidity and services to banks, brokers and hedge funds.
Armada Markets has good news for traders who are willing to stay with the broker: starting from January 1st, 2015 FSA authorized and regulated company Tickmill Ltd (www.tickmill.com) is the one that continues providing Armada Markets traders with first-class trading services. With a wide range of new instruments, comfortable trading terms and conditions, Tickmill is going to be a beneficial solution for Armada Markets registered private traders. Trading conditions and systems, ECN liquidity, quality of customer service and support stay the same and Tickmill’s team is going work hard to improve services even further.
FOREX.com, one of the frequenters of Forex-Ratings.com charts, in December has given up to several forex companies, yet managed to gain a foothold on the 9th line of the ‘best of the best’ resulting list of 2014. FOREX.com has been established in 2001 and is one of the industry veterans. The broker is one of the all-time leading providers of forex and CFD trading service. FOREX.com clients enjoy almost unbeatable and transparent pricing, fast trade execution and access to the set of up-to-date trading tools. Multiple trading platforms featured by FOREX.com meet the needs of all types of traders, from newbies to experts. The parent company of FOREX.com is GAIN Capital Holdings, Inc., which is listed on The New York Stock Exchange (NYSE: GCAP).
The company closing the final 2014 voting list is LiteForex. Its 10th place in December is a slight position decline compared to the previous voting months, yet we congratulate this broker having steady base of support provided by its traders and voters month after month. In December LiteForex has introduced the new payment method for its clients from China (UnionPay). As this system is popular in China and allows fast and safe deposits/withdrawals, it is now available on the LiteForex trading accounts. By the end of December LiteForex has also announced that Neteller payment system has been linked to the auto-withdrawal service. LiteForex service of automatic withdrawals allows clients to instantly withdraw funds from the trading account when using the following payment systems: Webmoney, Skrill, PerfectMoney, OKPAY and, from now on, Neteller.
Top 10 Forex Brokers in December:
Every first day of the month all the previous voting results are sent to the archive and the new month’s rally starts from scratch. With us you always know who were on the leading positions in the previous months, but every new month top leaders have to prove their leadership anew and on par with all other forex companies from Forex-Ratings.com listing.
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