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In this report we are naming the best rated forex brokers of October as per our site’s voting results. In mid-autumn the Top 10 list has been 20% renewed compared to the previous voting month of September.
The October top newcomers are: XM.com and Blackwell Global, whereas LiteForex and EXNESS have dropped out of the list.
MasterForex keeps the lead yet another month in a row; we assume it is already time to place bets if this forex tycoon will keep the road to the top blocked to others till 2013 is over. In October MFX has celebrated 7 years of operational work and featured a meteor shower of news and promotions highlighting the company’s activities on the Russian and Eastern European markets.
MFX Broker got an international award IAIR Awards in the category "Best forex services in Russia and the CIS." The ceremony was held on October 4, 2013 in Milan in the building of the Italian Stock Exchange. In the beginning of October MFX Group has as well notified of the opening of the company office in Tbilisi, Georgia. Festive theatre and pop performances in Moscow and Baku have been held under MFX patronage.
Coming back to trading routine, MFX group has made available to its clients OKPAY and PayPal payment systems; funds withdrawal conditions for Liberty Reserve payment system have been improved. A new trading signals’ service has been activated.
As for promotions, within only several months since the beginning of tournaments MFX Broker paid $92,400 as prizes to participants. 353 people from various countries were given monetary awards during the period: Russia, Ukraine, Indonesia, Malaysia, China, India, Romania, Bulgaria, Poland, and Uzbekistan.
On 28 October 2013 the Financial commission, the first devoted Forex dispute resolution organization announce the newest member of their organization, MFX Broker.
FxPro, a broker with an exemplary website and excellent customer service, has earned October ‘silver’, thus firmly keeping the second step of the winning pedestal since the summer is over.
MRC Markets boasts a well-deserved ‘bronze’, same as one month ago. Recently MRC Markets has introduced MATS (Multi Account Trading System) account, which is an investment service that allows the opportunity, on the one hand, to make profitable investments in the Forex market with no effort, and on the other hand, to operate with considerable amounts when trading Forex and obtain significant profit from trades.
FXCM and Alpari Limited have improved their positions in the Top 10 list compared to one month before. Position of RoboForex has slightly decreased (6th place instead of 5th in September). The noteworthy LiteForex and EXNESS have given their places in the Top list to XM.com and Blackwell Global.
XM.com claims that with them it is possible to invest the smallest amount, and make profits on currency exchange irrespective of uptrends or downtrends. This also applies to CFDs, which offer outstanding opportunities to trade well-sought financial products like indices, precious metals or energies, and broaden investment capabilities. XM offers enticing options to trade forex and CFDs with beneficial trading conditions.
Blackwell Global has recently announced eight new CFDs as part of their expanding product range for trading clients. CFDs are available on the Blackwell Trader MT4 platform. Clients are not required to download a new platform as new products are automatically updated on the same platform, along with currencies and precious metals. By trading CFDs, clients are able to trade different asset classes which are usually only available in large contract sizes.
Top 10 Forex Brokers in October
- MRC Markets
- Alpari Limited
- XM (new)
- Blackwell Global (new)
These are October 2013 voting results. As soon as next month’s report the list might undergo significant changes. First day of every month all rating results are nullified and the competition starts anew. We believe this method helps forming the rating participants’ images the most objective way.
Each broker is rated by the actual number of votes (‘for’ and ‘against’).
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