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This review deals with February voting results and highlights the Top10 of the last winter month of 2015.
The leader of the February Top10 is FxPro, a ‘par excellence’ performer for many years in a row. The company has been established in 2006 and has its headquarters in Cyprus. FxPro traditionally offers tight spreads, therefore futures’ trading with the broker is comfortable due to attractive spreads as well as price feed.
Trading assets and instruments offered at FxPro are multiple. Along with currency trading FxPro provides trading with Equities, Spot Metals, Commodity Futures, Index Futures and Energy Futures. Trading platforms offered by the broker include FxPro MetaTrader4, ECN FxPro cTrader, FxPro Multiterminal, FxPro Mobile Platforms. FxPro vault system provides prompt cash operations. FxPro ECN accounts start from $1,000. Hedging and scalping are allowed at FxPro.
During years of active work in the forex market FxPro has won lots of important financial awards, including: Forex Provider of the Year’ FT/IC Investment Awards; Fastest Growing Global Forex Broker 2010 by World Finance Magazine; Most Innovative Company in Cyprus 2010, Best Global Trading Platform 2010 by World Finance Magazine, Best Forex Broker 2009 by World Finance Magazine, Special Exports Award for Services - Cyprus Export Awards 2009, Best Forex Broker 2008 by CEO Magazine and many others.
The ‘silver’ finisher of February is HotForex. This Mauritius-based company is an online currency and commodities trading provider and investment company. The broker features such trading platforms as HotForex MT4 Terminal, Hot Webtrader, Hot iPhone & Smartphone Trader, Hot Android and HotForex PAMM system. Trading accounts at HotForex start from as little as $5 with high leverage reaching up to 500:1.
Since February 2015 HotForex offers spreads with EURUSD starting at 0.0 pips. In the same month the broker has launched a new marketing tools resource for partners and affiliates, www.hfaffiliates.com. Provided materials include: landing pages, banners, widgets and feeds, videos, promotional emails, print ads, and much more.
FXCM, the February bronze winner, is one of the present-day global providers of online currency trading and related services. The company was established in 1999 and has its headquarters in New York, US. The company is known as one of the most stable investment companies currently working on the global financial markets. At the heart of FXCM's client offering is No Dealing Desk forex trading. The company offers a number of trading platforms including FXCM Trading Station Desktop, FXCM Active Trader, FXCM Trading Station Web, FXCM Trading Station Mobile, Mirror Trader and the most popular in the world MetaTrader4. FXCM's U.K. subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade oil, gold, silver and stock indices along with forex on one platform. Clients benefit from FXCM’s large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. $2,000 is a minimum deposit for a standard account with leverage approximately 50:1 and pip spread on majors approximately ranging from 0.2 to 1.5. FXCM novice traders enjoy access to the free services of the broker’s Educational Center, including courses, webinars, books, tutorials, etc. Depositing and withdrawal are available through multiple payment systems and are fulfilled in the shortest time possible.
The fourth step of February ladder belongs to NordFX. This company headquartered in India features a broad range of forex services along with global trading standards. Trading conditions offered by NordFX are flexible and include "Micro" accounts starting from $5, tight fixed (from 2 pips) and variable spreads (from 0 pips) on different types of accounts. The broker allows traders to use expert advisors and any trading strategies including news trading and scalping. NordFX client support deserves a special notice being available in ten languages, including English, Spanish, Chinese, Arabic, Portuguese, and Russian. NordFX features flexible trading conditions, including "Micro" accounts starting from $5, tight fixed (from 2 pips) and variable spreads (from 0 pips), depending on the account type. The broker allows usage of expert advisors and any trading strategies including scalping and news trading. NordFX offers its customers MetaTrader4 and MetaTrader5 trading platforms, also customized for iOS and Android mobile devices. Along with this, there are Integral NFX Trades and ZuluTrader at the service of the company’s clients. Therefore, NordFX traders have access to all advanced trading software allowing to comfortably open and close orders from anywhere in the world. In addition, NordFX makes Signals MQL5, yet another automatic trading facility.
The 5th position of the February voting belongs to Tickmill (ex-Armada Markets). This young and assertive forex broker works in the Forex market since January 1st, 2015. The company’s specialty is retail brokerage services. The clients of Tickmill have access to the innovative trading technologies using modern multi-functional and the most popular trading platform MetaTrader4 which runs at several synchronized high-speed data centers including those in Zurich, New York and London. Tickmill staff consists of traders with years of professional experience. Tickmill team has successfully traded on all major financial markets from Asia to North America.
HY Markets, 6th place in February, is a trading name of Henyep Capital Markets UK Ltd. The company belongs to a global conglomerate working in currency trading and financial services, property, education, etc. in over 20 countries in all parts of the globe. HY Group is registered and authorized in UK, Hong Kong, United Arab Emirates, and other business jurisdictions of prime importance. HY Markets offers a variety of trading instruments: currency trading as well as trading energies (oil/gas), metals, commodities, equities, stocks, indices and many more. It is possible to apply any of the offered trading tools from the same trading account. The broker’s trading platforms include MetaTrader4 as well as Webtrader and HYRPO. Trading accounts at HY Markets start from $50 with leverage reaching up to 400:1 and tight spreads on major currency crosses ranging from 0.5 to 2 pips. The spread can be both fixed and variable. HY Markets clients can use automatic trading too. Expert advisors and such trading strategy as hedging are also available. It is possible to try the broker’s services using free demo accounts.
EXNESS, 7th place in February, is one of the leading global investment companies. The broker operates on the forex market since 2008. EXNESS provides a wide range of services to customers of different levels of experience and both to private traders and corporate clients. Platforms offered at EXNESS are world’s most popular MetaTrader4 and MetaTrader5. There’s no minimum deposit standard, and leverage ranges from 2:1 up to 2000:1; pip spreads on major currency pairs start from 0.1 pips. Also available are ECN accounts starting from $1,000. Hedging and automated trading are allowed at EXNESS. The company is constantly moving forward improving the quality of rendered services. During years of operation EXNESS has received multiple international financial awards, including “Best Order Management 2013” and “Best Mini Broker 2013” by the prestigious World Finance Awards. Since January 1st, 2015, EXNESS is an official partner of the Infiniti Red Bull Racing Formula 1 team. The partnership is to continue throughout the entire year. The broker contends that this groundbreaking initiative will do a lot for the purpose of attraction new clients and developing business contacts around the globe. The EXNESS logo has appeared on the Infiniti Red Bull Racing’s 2015 Formula One car, RB11, which the team began testing February 1, 2015 in Spain. The RB11's unique camouflage test livery has been met with public notice at the race.
FOREX.com, February’s 8th place finisher, is one of the long lifers of the industry having been established in 2001. The FOREX.com parent company, GAIN Capital Holdings, is listed on the New York Stock Exchange. Correspondingly, FOREX.com adheres to the high standards of corporate governance and financial reporting. During years of operation FOREX.com has acquired a reputation of one of the leaders in currency trading and CFD trading. FOREX.com offers a variety of trading platforms to meet the needs of different kinds of traders.
Other strong points of this broker are: competitive pricing and tight spreads; first-rate trading tools; transparent and reliable trading execution. FOREX.com team has spent more than ten years investing in informational technologies and elaborating a liquidity network of trading partners, therefore the broker is able to consistently quote tight spreads, in any kind of financial market conditions. The company is famous for its various educational programs addressed to novice FX traders. FOREX.com hosts webinars and video tutorials, its clients receive personal support from the team of professional fx traders.
OctaFX, 9th place in February, provides forex brokerage services to its clients in more than 100 countries of the world. OctaFX sets the highest service level standards and maintains them as well as constantly develops new services and promotions. OctaFX uses the latest technologies and knowledge to make traders’ forex trading experience safe and convenient. OctaFX offers ECN accounts as well as micro accounts. Real market execution, low spreads, true ECN offset are among the top advantages of OctaFX. At present OctaFX keeps on introducing the innovative cTrader platform offering significant money prizes (of up to $150) to the demo contest winners. Participation in the OctaFX cTrader Weekly demo contest allows trading for a week to decide whether cTrader is the right choice for the trader. In February online voters named OctaFX ‘Most Reliable Forex Broker 2014’.
LiteForex is the broker closing Forex Ratings ‘best ten’ of February. This international brokerage company is among the leaders of online currency trading for almost 10 years now. Trading with LiteForex is convenient for all categories of clients: the broker offers multi and swap-free accounts available at all 6 types of accounts: LITE, REAL, PAMM, NDD, STP, SGD. This variety ensures efficient trading regardless of the level of experience. Minimum deposit is $1; leverage is up to 1000, depending on the account type. PAMM investment with LiteForex is both profitable and convenient. In February the company has announced that it is now possible to configure portfolios of managers’ several accounts. Hence one can conduct various operations, such as depositing, withdrawal or funds’ distribution, in several accounts combined into one investment portfolio. Thus it becomes realistic to collect more profits with lesser risks.
Top 10 Forex Brokers in February 2015:
- HotForex ↑
- FXCM ↑
- NordFX ↑
- Tickmill ↑
- HY Markets ↑
- EXNESS ↓
- FOREX.com ↓
- OctaFX ↓
- LiteForex ↓
These were February 2015 voting results. Next month it may well happen that the Top list looks significantly different. Members of our voting community are those who decide which fx brokers currently deserve top places in the rating, and which have performed not so good recently. Every vote matters, as each and every vote contributes to the overall monthly result.
Every 1st day of the month the previous Forex-Ratings.com voting results are nullified. Consequently, the new month’s voting marathon starts anew. Thus every listed broker has a chance to get to the top: equal rights and opportunities are vested to all.
Our system ensures transparency of the voting process. Correspondigly, at any given moment the brokers occupy their rating positions by right, as this is supported by the number of factual votes cast for/against the brokers.
Forex-Ratings.com listing aims at helping forex traders in choosing the right forex company to trade with. Generally speaking, voting results produced by the Forex-Ratings.com community exert influence on the future traders’ activities on the forex market and shape image of forex brokers as reliable or not so reliable business entities.
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