Forex-Ratings.com is a unique forex knowledge base that has kept steadily growing for almost ten years now and can provide reliable answers on various aspects of forex brokers’ performance and forex trading in general. In our work we continuously keep up with high standards of operational transparency and objectiveness, and our top-notch rating platform features pioneering evaluation instruments.
Our rating system introduces the most remarkable forex companies of the present day. At any given moment Forex-Ratings.com provides answers on which forex broker is the best today, and which forex company to trade with. That said, on our site we at all times provide space for the well-based critical comments and reviews, as any forex trader willing to express their opinion about the best forex brokers of today can do so.
Forex-Ratings.com registered users have an array of opportunities for expressing their opinion about perfect or shady forex brokers’ performance. Any member of our site’s community is able to regularly vote and post comments or forex reviews on Forex-Ratings.com. Our site’s visitors can express their opinion about best/worst performance of the brokerage firms currently working in the forex market. Forex-Ratings.com allows casting votes and writing reviews on any actual forex topic.
Every opinion expressed at Forex Ratings counts. And what’s at the output? - The more activity is expressed by our visitors, the more objective becomes the overall forex market picture, and the more transparent and convenient becomes currency trading for any individual trader.
In this review we are naming the best rated forex brokers of the last spring month of 2015 as per our site’s voting results. The May Top10 has been 20% renewed, as two April high rankers, OctaFX and FxGlory, have left the ‘best ten’ list, and were replaced by two other ambitious rating rally participants, RoboForex (8th place) and Tickmill (10th place).
Top 10 Forex Brokers in May 2015:
- NordFX ↑
- FIBO Group ↑
- EXNESS ↑
- FOREX.com ↑
- FXCM ↓
- Fort Financial Services ↓
- RoboForex (new)
- HotForex ↓
- Tickmill (new)
Congratulations to FxPro, the ‘gold’ winner of the May lap! This forex broker has been among the leaders of the race for many months in a row.
FxPro is a Cyprus-registered broker working in the fx market since 2006. The company is well-known and reputable due to its efficient performance and client attraction.
Currently FxPro has representative offices and sales centers in United Kingdom, France, Spain and Russia. The range of trading assets and instruments offered by FxPro includes Forex, Equities, Index Futures, Spot Metals, Energy Futures and Commodity Futures.
FxPro offers several trading platforms. The most popular platforms were taken and redeveloped by the broker’s team to become even more convenient and user friendly. The array of platforms available with the broker includes: FxPro MetaTrader4, FxPro cTrader, FxPro WebTrader, FxPro MultiTerminal, FxPro Mobile Platforms and ECN FxPro cTrader. There are also ECN accounts at FxPro starting from $1,000. Such trading strategies as hedging and scalping are allowed with the broker.
The ‘silver’ award of May 2015 2015 goes to NordFX, an all-in-one provider of forex services on the global financial markets, with customer support available in ten languages.
NordFX provides a large scope of forex services to its clients worldwide. At NordFX the funds can be conveniently deposited anytime via online payment systems, eight types of accounts suitable for traders of all levels of professionalism, order execution is under 0.5 seconds, variable spreads from 0 pips on main currency pairs allow to significantly decrease costs and enlarge a customer’s profit.
NordFX offers flexible trading conditions, including "Micro" accounts starting from $5, tight fixed (from 2 pips) and variable spreads (from 0 pips), depending on the account type. The broker allows traders to use expert advisors and any trading strategies including scalping and news trading.
Along with trading currency pairs the broker offers trading metals (gold and silver) and binary options.
NordFX was established in 2008, the head office of the company is located in Port Louis, Mauritius. The broker is incorporated under the laws of Mauritius and is regulated by FSC (Mauritius), IFSC (Belize) and SEBI (India). The broker’s representative offices are also located in the Russian Federation and India.
The ‘bronze’ finisher of the May 2015 Forex Ratings race was FIBO Group, a company that maintains its excellent positions in the Top10 for the second month in a row.
Financial Intermarket Brokerage Online Group is one of the oldest players in marginal Internet trading as it tracks its history from 1998. The key principles of the company’s operational work are transparency, protection of the customers’ 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.
EXNESS, the 4th place finisher in May 2015, has significantly improved its Forex-Ratings.com listing position in May compared to the voting result of the previous month of April (8th place).
The New York based company is one of the leaders in providing online forex trading and related services working in the forex market since 1999. FXCM works with private traders as well as with institutional customers all across the globe, including US residents, which is quite a specific option in the modern forex world.
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 hedging and automated trading.
Since January 1st, 2015, EXNESS is an official partner of the Infiniti Red Bull Racing Formula 1 team. The partnership is supposed to continue throughout the entire year. The broker states that this pioneering initiative is unique in attracting new clients and establishing new business contacts around the globe.
During the first days of May 2015 EXNESS has released verified figures showing continued growth in Q1 2015. For the first quarter of this year, EXNESS' trading volumes were US$549 billion, an increase of US$13 billion on Q4 2014 and US$91 billion more than the same period last year. Average monthly trading volumes were US$183 billion, a rise of 20% compared to Q1 2014.
Client withdrawals, which often represent profits taken by traders, were US$50.3 million during the first three months of 2015, an increase of 20% on Q4 2014. Commissions paid to clients for introducing new traders to EXNESS totaled US$8.1 million, increasing 19% compared to the final quarter last year.
At the beginning of May 2015 EXNESS has also announced introduction of the round-the-clock support in Thai and Vietnamese available to the broker’s clients. This change has been made in response to numerous client requests. EXNESS support is also available round-the-clock 5 days a week in Urdu, Malay, Indonesian, Hindi, Arabic, Bengali, Farsi, and Tamil. Consultations are available 24/7 in English, Chinese, and Russian.
On the 20th of May, 2015, EXNESS has acted in the role of the title sponsor of the Risk Management in Financial Services Sector conference. The event has been held in Limassol, Cyprus by the European Institute of Management and Finance's (EIMF). This major conference brought together an international audience to discuss the challenges and opportunities faced by risk management professionals in today's global market environment.
FOREX.com, the company having finished the May 2015 race on the 5th position, is one of the industry veterans, as its operational history amounts to 14 continuous years now. The parent company of FOREX.com is GAIN Capital Holdings, Inc., which is listed on The New York Stock Exchange (NYSE: GCAP).
The broker is one of the all-time leading providers of forex and CFD trading services. The company’s clients enjoy competitive and transparent pricing, fast trade execution and access to the set of up-to-date trading tools. Multiple trading platforms featured by FOREX.com meet the needs of all types of traders, from newbies to experts.
FXCM, 6th place in May 2015, is a major liquidity provider and a market maker. FXCM has licenses from regulators registered in the US, UK, a number of European countries, Hong Kong, and Australia. The broker demonstrates consistent and steady performance and continuously remains one of the frequenters of the Forex-Ratings.com Top10 participants. In April FXCM has finished 5th, and one month later its position has shifted only one step down.
The core offer by FXCM is NDD forex trading. FXCM offers a variety of platforms to meet demands of various kinds of traders, including world’s popular MetaTrader4 along with FXCM Active Trader, FXCM Trading Station Desktop, FXCM Trading Station Web, FXCM Trading Station Mobile, and Mirror Trader. On any of the platforms clients have permanent access to financial news, market overviews, and technical analysis.
The broker offers competitive spreads on major currency pairs. FXCM traders can trade from real-time charts, execute trades in one click, and also trade on FXCM mobile version. Forex Capital Markets Limited U.K., which is a subsidiary of FXCM, also offers CFD products with no re-quote trading, plus it allows clients to trade oil, gold, silver and stock indices along with forex, all on one platform.
Fort Financial Services, 7th place finisher in May 2015, has shown some performance degradation compared to the previous voting month of April, which it has finished with a ‘bronze’. The broker tracks its operational history from 2010 and has clients in more than 30 countries across the globe. FFS is a licensed international fx broker operating under a license IFSC/60/256/TS/14 issued by International Financial Services Commission of Belize.
The trading opportunities offered by FFS 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 FFS 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.
FFS offers a wide range of tradable contracts available among top 50 brokers of the world. 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 many more).
RoboForex, a New Zealand based broker, is not too often to be met among the month’s Top10 finishers; and in 2015 it only managed to climb onto the 8th step upon expiry of the fifth month of the year.
The broker offers a number of fx trading accounts to all kinds of traders, from newbies to owners of professional ECN accounts. Trading terminals available at RoboForex include MetaTrader 4 and 5 and cTrader. A variety of the offered trading instruments helps RoboForex clients try various trading strategies. Along with this, the broker has its niche on the forex market as an active educator arranging various webinars on trading basics, price action patterns, forecasting, and much more.
In May RoboForex has informed its clients that starting May 26th 2015, 8 AM EET, new margin requirements are introduced for MetaTrader4 and MetaTrader5 trading platforms. Margin requirements for XAUUSD and XAGUSD are 50% of the current leverage of a trading account.
These changes are applied to all XAUUSD and XAGUSD positions, both the ones that are already open and those that are to be opened in the future.
In May the binary division of RoboForex - RoboOption has launched the Thai version of its official website. This version is the 17th language version of RoboOption website.
Since May 20th, 2015, RoboForex offers its clients the opportunity to deposit trading accounts and withdraw funds via bank transfer in Chinese yuans. This innovation makes funds transfers much easier for the clients who perform their financial calculations in this currency.
HotForex, 9th place of the May 2015 rating, is one of the frequenters of Forex-Ratings.com charts. The broker is a world famous investment company and trading provider. The company was founded in 2007 and is headquartered in Mauritius. Correspondingly, the broker’s activities are regulated by the Financial Services Commission of the Republic of Mauritius (FSC).
HotForex deals with investment companies and fund managers as well as with private traders offering services in trading currencies and commodities. The highly professional HotForex support service is available worldwide 24/5.
The broker 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.
In May 2015 HotForex senior management staff has held two meetings, in Malaysia and Indonesia, to meet with partners and discuss prospects of lucrative co-operation. These events were open for existing as well as potential partners of HotForex.
The company closing the May 2015 voting list is Tickmill (ex-Armada Markets).
This young and active forex broker operates in the Forex market since January 1st, 2015. The company specializes in retail brokerage services. Tickmill’s personnel consist of traders with years of professional experience. Tickmill team has successfully traded on all major financial markets from Asia to North America. The broker’s clients have access to the innovative trading technologies due to the modern multi-functional and the most popular trading platform MetaTrader4 which runs at several synchronized high-speed data centers including those in Zurich, New York and London.
Tickmill’s operational highlights include spreads from zero pips, a transparent ECN (full STP and DMA) platform permitting all strategies including scalping, and a wealth of diverse trading instruments including 64 currency pairs as well as CFDs, precious metals, and related commodities.
CFDs have been launched during the very first quarter of operations of the new broker as this was the commitment of Tickmill to its clients. A CFD, also known as 'Contract for Difference', is a derivative product that gives opportunity to make money from both falling and rising markets: the flexibility of CFDs in fact provides an excellent hedge against losses. Therefore, traders can easily use CFDs to protect themselves against unexpected market movements. As there’s no expiry date, a CFD allows traders to hold their positions for as long as they wish. The eight major CFDs introduced by Tickmill are based on the most liquid markets hence providing its traders the best opportunity to succeed.
Such are the results of the May 2015 rivalries on Forex-Ratings.com. However, next month the Top10 list may look very different! Every first day of the month all the rating results are reset and the new month’s rally starts from zero point. With us you always know who were on the leading positions in the previous months, but every new month top leaders have to prove their leadership anew and equal terms with all other forex companies featured in the Forex-Ratings.com listing, regardless if these forex companies have years of operational work on the currency exchange market or just have entered it recently.
Our voting platform is convenient and very user-friendly. With us any new visitor can immediately figure out how to register, vote and post comments and reviews on the site. Within 24 hours each registered user can cast up to five votes for/against brokers from the Forex-Ratings.com actual listing. There are no quantity restrictions in posting comments or reviews on the site, and ‘yeah’ and ‘nay’ opinions about forex companies are equally countable.
Make sure your voice is heard and your opinion matters! Join Forex-Ratings.com community today!