Forex-Ratings.com keeps up with high interaction standards. Our up-to-date list of forex brokers features the most remarkable agents of the currency exchange market. Our visitors are granted with a number of options to express their actual considerations upon the best, good and fraud brokers’ performance. Any registered visitor is able to do the voting and post comments through the site.
We see our mission in objective evaluation of the fx market and brokers’ performance. Every opinion expressed is important and has its value for the forex trading community. The more activity is expressed by our visitors, the more transparent and apprehensible becomes the market itself.
In this review we are naming the top rated forex brokers of the last month of 2012 as per our site’s voting results. In December the Top 10 list has been 10% renewed compared to the previous voting month of November.
MRC Markets, the November Top 10 leader, in December has given way to Ava FX, one of the acknowledged leaders of the rating for the past year.
Congratulations to Ava FX on its December ‘golden’ place! This broker has gained reputation of new-user friendly, and its online trading platform is both easy to use and equipped with all the necessary tools for the successful forex trading. Ava FX offers tight fixed spreads, 24-hour-a-day trading, 55 currency pairs plus CFDs on metals, commodities and stock indices. A user is free to choose currency for trading at Ava FX.
Swissquote has made an impressive achievement having moved from the November 6th position right to the 2nd position in December. This broker deserves a special notice as a promoter of forex education. At Swissquote a new trader will find a number of basic data, including Terminology, Market Analysis, Margin Trading, and Calculating P/L.
MasterForex (3rd place), Nord FX (4th place) and Fx Pro (10th place) have been fixed on exactly the same listing positions they’d already been occupying a month before. This, on the one hand, reflects stability, but, at the same time, a critical thinker might call it a sign of stagnation, as apparently no new voters have been attracted by these brokers and they have not got many new supporters at Forex-Ratings.com in December.
The fifth-place December finisher and Novermber Top 10 leader MRC Markets is to be mentioned for its December offer of a number of diverse promotions (partial refund of spreads for each trade; deposit bonuses; extra trading funds for deposits equal or exceeding $5,000).
The December top list entrant is Alpari, whereas eToro has been kicked out the ‘best of the best’ circle before the year 2012 has come to the end.
The Russia-headquartered Alpari is recognizable for not just forex trading, but for a number of socially important events and competitions the company has patronized during 2012, including the ambitious "Alpari: On Top of the World" project, in which a team of Russian climbers was looking to take down the highest mountain on each of the planet’s continents.
As for strictly forex performance, in December Alpari top management has for the first time disclosed some figures related to trading. Say, over the first 11 months of 2012, Alpari had been processing about 4.1 million customer transactions per month, thus generating an average monthly trading volume of $84.9 million, with Alpari earning $78.80 for each $1 million in volume. As of the end of November, Alpari had been servicing more than 684,000 client accounts.
As for Alpari Trading School, it has ran more than 3,650 courses and seminars from January through November of 2012, having drawn 3,337 student attendees and 51,329 online viewers. Besides, currently Alpari broadcasts online courses from 10 major Russian cities.
As we have mentioned above, eToro has left the December Forex-Ratings.com ‘short list’. Chances are, we might see this reputable broker back to the Top 10 as early as January or February 2013, as this broker stays remarkably popular among our visitors and newcomers in particular. However, competition with other grands of forex market, such as Oanda, Forex.com, YoutradeFX or AFB FX is likely to be tough as usual.
Top 10 Forex Brokers in December:
These are December 2012 voting results. As early as January 2013 the array might change dramatically.