Since 2006 Forex-Ratings.com continuously and diligently keeps the chronicle of the best-performing forex brokers as well as aspiring novices of the FX industry. Our institutional knowledge we not only carefully preserve, but share with our community to the fullest extent so that neither strong nor weak points of forex companies remain off-screen.
Each and every Forex-Ratings.com visitor is capable of posting comments and reviews on the site as well as of voting on a regular basis: any registered user can cast up to five votes “for” or “against” any listing participant within 24 hours. We appreciate all evaluations reflected on our site: all together they help forming a public and objective picture of today’s global forex market.
In this review we are highlighting January 2014 top-ranked forex brokers in accordance with our site’s voting lists and graphs. One month after Christmas Forex-Ratings.com Top 10 list has been 10% renewed compared to the previous voting month of December, and almost all the previous month’s participants managed to stay around the same positions.
The top prize winner of January is FxPro, the frequenter of top rating positions during 2013. The broker offers a large number of instruments and trading assets, such as index futures, equities, commodity futures, energy futures and spot metals. At FxPro traders have a big choice of trading platforms, such as customized versions of MetaTrader4, cTrader, WebTrader, MultiTerminal, Mobile Platforms, ECN FxPro cTrader and SuperTrader. The perfect FxPro customer service deserves a special notice, as it is among the best in the industry. During years of operations FxPro has won multiple financial awards.
MRC Markets, the January runner up, belongs to the class of leading providers of online currency trading on global financial markets. The broker features around 1,000 trading instruments, out of which 120 are currency pairs. Executions are stable, fast and reliable. Trading accounts have no minimum limits, the leverage ranges from 20:1 to 500:1. Along with traditional trading instruments, such as stocks, indices or futures, MRC Markets offers binary options – a popular and highly profitable trading tool. MRC Markets clients have access to the interbank liquidity and need just one account for all kinds of trading and to have access to the markets.
Forex.com, in January bestowed with the 3rd position of the rating, is famous for its perpetual educational work. Along with individual advisory assistance provided by Forex.com professionals, the broker features a variety of online webinars, trading courses and tutorials for traders of different levels of experience. Forex.com is a stable and reliable company: it has been established as long ago as 2001 and due to exemplary performance, competitive pricing, strong regulation and topnotch trading tools the broker earned a reputation of one of the FX market leaders.
NordFX, the ‘bronze’ winner of December, is on the 5th place now. In any case, the strong points of this broker should not be underestimated. Performance accents of NordFX are speedy convenient transactions and prompt online support. NordFX is known to have a clear and comprehensible bonus scheme: a bonus is given directly on the deposit. NordFX is the only company in the market offering the lowest dynamic spread. Scalping at NordFX is allowed, which makes it attractive for non-regular traders.
At the year-end of 2013 the company was awarded as the world’s best micro broker, best dealing service, best bonus program and best forex Arabic platform of the year.
Swissquote Bank, a famous market maker tracing its origin to 2000, in January has dropped out of the Forex-Ratings.com Top10, but supposedly not for too long. SQ provides online currency trading not only to private traders, but to large institutional companies as well. Along with trading currency pairs Swissquote Bank offers other assets, such as stocks, commodities and energies. Both web site and client support service are available in a number of languages including Chinese, English, French, German and Spanish. SQ website is user-friendly; clients report that all the transactions are processed promptly and efficiently.
Top 10 Forex Brokers in January:
- MRC Markets (new)
- HY Markets
Such are results of the January 2014 voting. In February the entire configuration may look absolutely different, if there is voters’ will for that. To ensure objectiveness and actuality of the voting results we nullify voting results of the previous month and start the voting anew on the 1st day of every month. We believe that this is the way to represent the most in-demand brokers from every side, and each ‘pro’ and ‘con’ vote holds meaning.
Thus, the position of every broker in the rating is determined by the actual votes give for and against this forex market participant. The activity of voters can change the position even in a matter of minutes. Each registered site visitor can cast up to five votes in 24 hours.
Our site is a spot where any trader can leave an opinion and discuss any forex trading issues with other site visitors. When coming to our site, make sure you have enough time in your disposal, because interactivity that we offer is habit-forming and even addictive!
Registered users of Forex-Ratings.com platform do a great job: they are in fact the jury deciding which brokers of today deserve top positions, and which have yet too much to work on before they become attractive to traders.