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This review highlights the best forex brokers of September 2015. Compared to the previous voting month of August, in September the Top10 Forex-Ratings.com voting chart has been 10% renewed: FOREX.com is out of the ‘best of the best’ list this time, while the vacant position is taken over by the September Top10 newcomer, HotForex (9th place).
Let’s give a warm welcome to the assertive newbie and have a look at the strong points and advantages that have been demonstrated by the Forex Ratings Top10 finishers in September.
Congratulations to the September Top leader, FxPro. The company’s customer base across the globe is continuously growing. The broker attracts clients with an assortment of trading assets and instruments, including futures, equities and spot metals. FxPro features a number of platforms, including up-to-date versions of MetaTrader, cTrader, ECN FxPro cTrader, WebTrader, MultiTerminal and Mobile Platforms. Those FxPro clients who use MT4 and cTrader platforms can at all times expect fast and reliable trade execution.
In September FxPro has declared the updates of the cTrader for iOS. The new version includes improved recovery when running in the background, improved screen performance when monitoring multiple positions, added support for fractional lot sizes and volumes, as well as support for iOS 9.
In September FxPro has got a new recognition by the financial services community for the excellence of its trading facilities. The UK headquartered financial services provider won “Best MT5 Broker” at this year's prestigious UK Forex Awards.
RoboForex, the runner-up in September, is New Zealand based broker having gained a reputation of an active promoter and steady performer on the forex market.
RoboForex works with all kinds of traders, from new traders to owners of professional ECN accounts. Trading terminals available at RoboForex include MetaTrader4, MetaTrader5 and cTrader. A wide choice of the trading instruments offered by RoboForex helps its clients try various trading strategies. Along with this, RoboForex is known as an active educator arranging webinars on trading basics, forecasting, price action patterns, and so on.
In September RoboForex has expanded the list of payment systems available for depositing. Its clients are now able to deposit via Alipay, one of the largest payment systems in China, which is a member of the Alibaba Group. The clients registered within the Alipay system are able to deposit their trading accounts quickly and easily with up to 10,000 USD per transaction.
Since September new opportunities have been added to the RoboForex WebTrader terminal. Now the broker’s web platform includes the expanded list of the tools available for market analysis, easier access to basic Live Account and website services, and several other features and functions, which are intended to make the clients’ trading process via the web browser more convenient.
FIBO Group (Financial Intermarket Brokerage Online Group), the ‘bronze’ medalist in September, is one of the veterans in marginal Internet trading. The company traces its history from 1998. The cornerstone principles of the company’s performance are transparency, protection of the clients’ interests and strict compliance to the applicable laws and orders issued by the national regulators. All the services offered by the FIBO Group holding meet the international standards and all the applicable regulatory norms.
NordFX, 4th place of the September Top10, is one of the most loyal forex companies offering comfortable and beneficial conditions. NordFX client support is available in nine languages, and all the issues related to financial transactions (depositing/withdrawals) are resolved right on the spot.
NordFX offers its clients MetaTrader 4 and MetaTrader 5 trading platforms, also customized for iOS and Android mobile devices. Moreover, there are NFX Trades and ZuluTrader at the service of the company’s customers. NordFX offers flexible trading conditions, including "Micro" accounts starting from $5.
NordFX provides direct access to ECN, which means a variety of benefits for the clients, including NDD, best prices from Interbank market, lowest dynamic spread and market depth. The broker allows traders to use expert advisors and any trading strategies including scalping and news trading.
FXCM, 5th place finisher in September, is one of the leaders in online forex trading. The company is headquartered in New York, US. FXCM works with private traders as well as with institutional customers all across the globe, including American residents, which is not too common in the modern forex world. FXCM has been established as long ago as in 1999 and has licenses from the key regulators from around the globe – US, UK, EU countries, Hong Kong and Australia.
FXCM is a major liquidity provider and a market maker. The principal offer by FXCM is NDD forex trading. The broker’s clients can trade from real-time charts, execute trades in one click, and also trade on FXCM mobile version. The broker offers competitive spreads on major currency pairs. Forex Capital Markets Limited, the UK subsidiary of FXCM, also offers CFD products with no re-quote trading, plus it allows clients to trade not only forex, but also stock indices, oil, gold and silver, all on one platform.
FXCM offers a wide range of platforms to meet demands of various kinds of traders. The offer includes the world’s popular MetaTrader4 along with FXCM Trading Station Desktop, FXCM Trading Station Web, FXCM Trading Station Mobile, FXCM Active Trader and Mirror Trader. On any of the platforms clients have permanent access to the currency news, technical analysis and market overview.
For the novice traders FXCM offers free services of its’ Educational Center. The broker provides its customers with an array of trading tutorials, learning courses, forex books and webinars.
OctaFX, 6th place in September, is a broker providing currency trading services to the clients in more than 100 countries throughout the world. The strong points of the broker are low spreads and fast execution. The range of OctaFX offers includes ECN accounts and micro accounts.
OctaFX operates on the basis of the latest technologies and findings to ensure that their clients’ trading is comfortable and secure. The company keeps to the highest level of the service standards and introduces new services and promotions on a regular basis.
Fort Financial Services, 7th position by the results of the September rally, is a company launched in 2010. Fort Financial Services is a licensed international fx broker operating under a license IFSC/60/256/TS/14 issued by International Financial Services Commission of Belize. At present it has clients in more than 30 countries around the world.
The trading opportunities offered by Fort Financial Services are specifically adapted to MetaTrader4, the world’s most reliable and popular trading platform. The company also features NinjaTrader, a multifunctional trading platform dealing with different markets and trading instruments: forex, futures and stocks.
For traders seeking a more advanced level of trading Fort Financial Services offers a CQG platform thus providing a direct market access to more than 40 world top exchanges through a global network of united exchange gateways and servers. Hundreds of contracts to choose from include over 150 currency pairs to trade on forex, binary options, CFD contracts (oil, gas, commodities, precious metals, stock indices, ETF contracts, currency futures and so on).
In September Fort Financial Services has introduced the international payment system FasaPay to its clients. From now on Fasapay is available for depositing and withdrawing funds. The commission for deposits and withdrawals is 0%.
Since September the clients of Fort Financial Services are able to use the innovative investment service S.T.A.R. (Short Term Assets Revenue). This is the advanced analogue of PAMM platform that allows investors to choose the best fund manager from the S.T.A.R. ranking and to invest capitals into a S.T.A.R. account operated by a particular fund manager. The fund manager can handle the funds of different investors within a S.T.A.R. account to make profits and to receive his share of profits at the end of investment period according to the terms and conditions of the S.T.A.R. account.
S.T.A.R. has been designed by the Fort Financial Services team to provide favorable conditions for both investors and managers. According to the broker’s statement, the main advantages of S.T.A.R. investment platform are:
EXNESS, 8th position in September, is one of the leaders in global investment actively working in the fx market since 2008. This forex broker offers its services to corporate entities as well as to private traders.
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.
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 states that this pioneering initiative will do a lot to attract new clients and establish new business contacts around the globe.
The company continuously works on improving the quality of the rendered services. During years of operation EXNESS has received a number of prestigious financial awards.
HotForex, 9th place finisher in September, is a frequenter of Top10. The company offers services in trading currencies and commodities, and works with investment companies and fund managers as well as with private traders. HotForex guarantees its customers access to interbank spreads and liquidity through the most modern automated trading platforms and trading technologies. The platforms available at HotForex include HotForex MT4 Terminal, HotForex PAMM system, Hot Webtrader, Hot iPhone & Smartphone Trader, and Hot Android.
HY Markets, the company closing Top10, belongs to Henyep Capital Markets UK Ltd., a global conglomerate working in currency trading and financial services, property, education, etc. in over 20 countries across the globe. HY Group is registered and authorized in UK, Hong Kong, United Arab Emirates, and other business jurisdictions of prime importance.
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 are able to use expert advisors, hedging and automatic trading.
HY Markets offers a variety of trading instruments: currency trading as well as trading energies (oil/gas), metals, commodities, equities, stocks, indices and so on. It is possible to apply any of the offered trading tools from the same trading account. The broker also features demo accounts for novice traders.
Top 10 Forex Brokers in September:
Such is the summary of the September 2015 voting month on Forex-Ratings.com. However, October results may prove to be completely different! Our voting community chooses among veterans of the forex industry as well as new forex companies who deserve top positions in our latest listings.
Taking part in the Forex-Ratings.com brokers’ rating is at all times recommended to the forex brokers actively working on the currency exchange market: this is a fast and easy way to raise awareness of their offers among the actual and potential clients, to obtain a number of handy promotional options on our ad platform, and to get a reliable communication means to talk to the forex traders. Forex-Ratings.com is an interactive platform; therefore any new or regular visitor can easily see that every vote matters and every opinion expressed on the site is taken into the account. We provide our site visitors with a unique opportunity of communicating with forex brokerages directly, and equip them with all kinds of forex information they might need when trading currencies: news, reviews, analytics, signals, etc. We are proud to be among the leaders of the forex news market providing the latest news to our audience.
The active Forex-Ratings.com community does a lot to add transparency to the forex market. They evaluate fx brokers in their day-to-day business and indicate which companies deserve to be chosen to trade with: what kind of spreads they offer, what are details of depositing/withdrawal procedure, how does the broker’s helpdesk operate, and so on. Forex-Ratings.com is a useful and attractive resource for forex newcomers, as with us they can at all times get to know currency trends and details of forex brokers’ performance, plus they can share their trading experience with fellow traders on the site as well as contact official representatives of the forex companies right on the site – and expect a prompt and competent reply.
Every registered member of the Forex-Ratings.com community can cast up to five votes within 24 hours. Thus, the listing position of any given fx broker may change significantly even in the matter of a few minutes; but it can well remain steady for a long period of time, depending of the voters’ activity.
On the first day of every month the previous voting results are reset, and voting process starts anew from the ‘zero’ point. We deem that all the listed brokers deserve equal chances in their strive for the highest positions of the listing.
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|7||Fort Financial Services||72%|
I'm very happy to have chosen them for the moment. The platform is fast and it helps open/close operations in real time. The spreads are pretty low and this helps me because I open a high amount of operations. The account manager is to informed and...Review rating
I withdraw from the bonus account to webmoney. Everytime the withdrawal is brilliant. I hear webmoney signal in 20 minutes. Although I don’t like the three pips spread on euro/usd and the unfriendly swaps, there is no problem with the withdrawal and...Review rating
The classic brokerage house for manual trading. If you have never had anything about trading before, then this might be the right FX broker. I had few issues only with broker. First is about signal lost and my order wasn't executed by appropriate...Review rating
My problem is to get bonuses back, or at least withdraw my profit. The broker has its policy not to allow traders take all money from account even if it's your profit. I think it was my biggest mistake to open account here. There are actually...Review rating
Not good for options trading. I actually lost $200 on trading options here. Each broker offers different types of contracts on binary options. There is a difference on the same contracts and factors that impact performance. What’s more important is...Review rating
I like this broker. Trading is going smoothly, no problems has arisen. Deposit/withdrawal of money without complaints. They have requotes, which is nothing new, since most everyone has them) Although I've found a method of fighting them, I just...Review rating