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As for the ‘Best of the Best’ list issued by Forex-Ratings.com every month in accordance with the actual voting statistics, the February brokers’ rating has yet another time demonstrated the strong and steady positions of the Top10 leaders. These are, first off, FxPro (the ‘gold’ of February), FXTM (runner-up), FIBO Group (‘bronze’ position) and FXCM (4th place).
Fort Financial Services (5th place) and EXNESS (7th place) have improved their positions compared to January; on the contrary, FOREX.com has moved one step down and finished February race on the 6th position. The Top10 list is now left by FBS, HotForex and XTB. Their spots in the ‘best of the best’ listing on Forex-Ratings.com in February have been taken over by FXGiants (8th place, a brilliant debut of a Forex-Ratings.com newcomer), Orbex (9th place) and Tickmill (10th place). Thus, the Top list has been 30% renewed compared to January.
Let’s have an in-depth look at the list of the ‘Best of the Best’ forex brokers of February 2017.
FxPro, the leader of the February Top10, is a classic brokerage company with years of work on the forex market in its background. The company is an industry veteran, as it has been established in 2006. It is headquartered in Cyprus.
Trading platforms offered by the broker include FxPro MetaTrader4, ECN FxPro cTrader, FxPro MultiTerminal, FxPro Mobile Platforms. FxPro vault system provides prompt cash operations. Hedging and scalping are available for FxPro clients. As an NDD broker FxPro offers top-tier liquidity and superior execution technology.
Trading assets and instruments offered at FxPro form a broad assortment to choose from. FxPro ECN accounts start from $1,000. However, FxPro offers not only currency trading but also trading equities, spot metals, index futures, commodity futures and energy futures. FxPro offers price feeds and tight spreads to its clients, which makes futures trading with the broker comfortable and handy.
The runner-up of the February race is FXTM. This Cyprus-based brand was launched in 2010, with a unique vision to provide special trading conditions and all-encompassing educational tools for its clients.
In the course of just a few years FXTM has firmly established itself as a global broker. FXTM ensures that its trading and investment products and services are efficient, reliable and effective.
Featuring one of the most elaborate educational centers in the forex industry, FXTM is empowering its clients with trading knowledge so that they get the most out of their trading experience. With multiple industry awards already received, FXTM continues to grow and build its perfect business reputation.
In February FXTM has announced a special new partnership, as it has become the official forex sponsor of the Sahara Force India Formula One™ Team for the 2017 season.
FIBO Group is the February 2017 ‘bronze’ finisher. Financial Intermarket Brokerage Online Group has been established in 1998, which means this forex company is one of the oldest players in marginal Internet trading.
All the services offered by the FIBO Group holding meet the international standards and all the applicable regulatory norms. In its day-by-day work FIBO Group sticks to the principles of strict compliance to the applicable laws and orders issued by the national regulators as well as protection of the clients’ interests.
In February FIBO Group has introduced new trading instruments on MT4 NDD accounts. From February 20th 11 CFDs on commodities, including CFDs on gold, silver and oil and 8 CFDs on indices became available. Moreover, since February new currency GLD has become available on MT4 NDD and MT4 Cent accounts of the broker. The range of all services is available for GLD accounts the same way as for the accounts in standard currencies.
The 4th position of the February 2017 listing belongs to FXCM. The company is known as one of the well-reputed companies operating on the global forex market. The broker traces its history from 1999.
FXCM is headquartered in New York and is one of a limited pool of big forex brokers working with US clients. The company is licensed in the US, UK, a number of European countries, Hong Kong and Australia. The client support of FXCM clients is delivered in ten languages including Arabic, Chinese, Portuguese, Russian and Spanish.
FXCM features a selection of trading platforms, including, along with the world’s most popular MetaTrader4, such in-house products as Mirror Trader, FXCM Active Trader, FXCM Trading Station Desktop, FXCM Trading Station Web and FXCM Trading Station Mobile. All the FXCM platforms provide constant access to the latest financial news, technical analysis and market reviews.
FXCM offers not only currency trading, but also trading on stocks, metals and energy assets. The company is considered to be one of the major liquidity providers and market makers. It works with individual traders as well as institutional entities.
Fort Financial Services is a broker having taken the 5th line of the February rating on Forex-Ratings.com and thus improving its position compared to the January rally. The company is an international forex broker operating under a license IFSC/60/256/TS/14 issued by International Financial Services Commission of Belize. FFS traces its operational history from 2010 and has clients in more than 30 countries worldwide.
The trading opportunities offered by Fort Financial Services are specifically adapted to MetaTrader4, the world’s most sought-after trading platform. The company also features NinjaTrader, a multifunctional trading platform dealing with different markets and trading instruments: forex, stocks and futures. 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.
Fort Financial Services offers a broad range of tradable contracts available among top 50 brokers of the world. Available are hundreds of contracts to trade on forex, binary options, CFD contracts (oil, gas, commodities, precious metals, stock indices, ETF contracts, currency futures and many more).
Through February and up to March 3rd Fort FS has been running the “Chinese New Year” promotion, which gave a withdrawable bonus on every 10th closed lot.
FOREX.com, 6th position in February, is a forex market veteran tracing its history from 2001. The parent company of FOREX.com is GAIN Capital Holdings which is listed on the New York Stock Exchange. FOREX.com adheres to the high standards of corporate governance and financial reporting.
FOREX.com has one of the highest ranks in the fx industry being one of the leaders in currency trading and CFD trading. The broker offers a variety of trading platforms to meet the needs of different kinds of traders. The principal advantages of FOREX.com are reasonable pricing, tight spreads, advanced trading tools and transparent trading execution.
FOREX.com is also famous for its various educational programs for new traders. FOREX.com hosts webinars and video tutorials, its clients receive quality support from the team of professional fx traders. As a result of years’-long constant work, the broker’s team has developed new trading technologies and built a network of trading partners. Thus, FOREX.com is able to consistently quote tight spreads regardless of the current conditions on the financial markets.
EXNESS, 7th place in February, is a company working on the forex market since 2008 and due to years of steady operation it is now considered to be one of the industry leaders and has received multiple financial awards.
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. EXNESS clients are allowed to use automated trading and hedging.
In February EXNESS has reported a record-breaking figure of monthly trading volume that has been reached in January 2017 and amount to US$266 billion, a figure marking the broker’s highest trading volume yet. This figure brings EXNESS among the world’s top retail forex brokers in terms of trading volume.
As a part of its ongoing social projects, in February EXNESS has announced renewal of its partnership with World Wildlife Fund Russia, pledging funds to the conservation and reintroduction of endangered species—the polar bears and Persian leopards.
FXGiants, 8th place finisher in February, is a newcomer of the Foex-Ratings.com listing, and the more so we’re glad to greet this broker having finished its first month with us on this high position. FXGiants is an international online trading broker regulated by FCA.
The broker caters its services to traders from 150 countries across the globe. Having opened one account with FXGiant, one gets access to all trading platforms for both Windows and Mac operational systems, as well as for iOS and Android. And certainly the broker offers MT4, the leading in stability and most popular trading platform.
On February 9th – 12th, FX Giants has been one of the participants of the Financial Partners Expo in London, which is one of the key events dedicated to bringing together fx brokers and affiliates and IBs.
Orbex, 9th place in February, is a forex company founded in 2011, with offices in Cyprus and Kuwait. Since the time of its launch, the company keeps on growing steadily in the international scope. The support services are offered to the traders in 13 languages on a 24/5 basis.
Orbex is a fully licensed and regulated fx broker specializing in currencies, commodities, precious metals, futures and CFDs. The broker offers some of the most comfortable trading conditions on the fx market, which includes: broad range of trading instruments, fast execution, fixed spreads at 0.9 pip, 0 commission, leverage up to 1:500, up-to-date market reports and analysis, free forex signals.
Tickmill is the broker closing Forex Ratings ‘best ten’ of February 2017. This broker (previously known as “Armada Markets”) has been launched on January 1st, 2015. Tickmill focuses mainly on retail brokerage services.
Tickmill clients have access to the innovative trading technologies using the most popular multi-functional trading platform MetaTrader4 which runs at several synchronized high-speed data centers including those in London, New York and Zurich.
The staff of Tickmill consists of professionals with great practical background. The broker’s team members have successfully traded on all major financial markets from Asia to North America.
In February Tickmill has been one of the participants of the iFX Expo in HongKong. During the event Tickmill’s expert team has been introducing institutional multi-asset liquidity and MT4 White Label solutions, promoted its ultra-tight spreads and superior execution, held a workshop dedicated to its successful IB programand shared its further development plans.
Top 10 Forex Brokers in February 2017:
- FIBO Group
- Fort Financial Services ↑
- Forex.com ↓
- EXNESS ↑
- FXGiants (new)
- Orbex (new)
- Tickmill (new)
These were the February 2017 voting results. Let’s see in a month, it may well turn out that the results of March performers will be very different, and we will see other forex brokers having taken over the leadership positions. According to the voting algorithm of Forex-Ratings.com, every 1st day of the new month is the time when the race to the top is resumed from ‘square one’. That is, all the listing participants can use their chance of rushing right to the Top of the listing.
We take pride in our transparent and user-friendly voting system. Our site visitors take part in the decision-making process and form the list of the topping forex brokers of today; in fact, each and every vote adds to the overall listing structure. That said, each moment of the month the listed brokers take their rating positions fairly and by right, as they are supported by the votes cast by real-time supporters or critics.
Our rating system gives all site visitors an opportunity to select the right forex broker to trade with. Along with votes, our community members are welcome to publish reviews on any of the listed brokers and to contact the brokerage companies directly from our platform. The prompt and competent feedback from the industry leaders is guaranteed.
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