Forex-Ratings.com has a history of over 10 years of constant work on tracking activities of the forex and binary brokers on the global markets. Our database contains information on the majority of forex and binary brokers that have ever been active in the financial markets.
The site provides transparent and objective financial data to its audience on a daily basis. The community of Forex-Ratings.com is constituted by retail traders, currency experts, analysts, and more. The site is an ever-growing knowledgebase and an interactive hub where any newcomer is welcome to communicate with industry leaders as well as with fellow traders.
Briefly speaking, Forex-Ratings.com is a platform where traders can in a prompt and secure way contact forex and binary brokers and receive their timely feedback. It is important to notice that only companies listed on the Forex-Ratings.com homepage are available for contact.
Forex-Ratings.com delivers all types of information that might be essential when trading forex. This includes news, charts and analytics along with comments of practical traders. We are always in time delivering the latest news of the currency exchange market. On our site you are always aware of the latest market trends, actual offers of forex and binary brokers, etc.
On our site one can as well refer to the ‘Compare Brokers’ tool which helps evaluate 2+ brokers at a time by around 40 criteria. This tool cannot be underestimated when considering various forex companies to choose from. We are proud to help new traders in choosing the right broker to trade with. We help making an express evaluation of the strong and weak points of any listed broker.
Another popular instrument featured on Forex-Ratings.com is voting. Any of the registered site visitors can cast up to three votes every 24 hours. It is possible to vote ‘for’ or ‘against’ brokers listed on the homepage rating.
We assume that our ongoing and steady work helps improving the quality of the services offered in the forex industry. Not only we help currency traders make right choice of a broker, but also we encourage the forex brokerage firms to constantly work on the quality of the offered services.
This review deals with the March 2017 Forex-Ratings.com Top10 Brokers list.
The first spring month has introduced the new leader of the rally – this is now easyMarkets. Congratulations to the new champion, and let’s see how the entire March chart has changed in comparison with the previous month of February. Generally the listing has been 20% renewed, with the introduction of the new assertive leader, easyMarkets, as well as Windsor Brokers which has secured a 9th rating position in March. The long-term Top10 leader, FxPro, this time has stepped down to the ‘bronze’ position. The runner-up of the March rally, FXTM, has fixed its February achievement, and so did HYCM (8th place) and FXGiants (10th place). Positions of FXCM and Fort Financial Services have somewhat deteriorated, yet both these brokers managed to stay firm within the Top-10 listing. EXNESS has improved its positioning, having climbed to the 6th ladder step in March from the 7th position in February.
Orbex and Forex.com have dropped out of the March Top-10 listing, yet it is not at all impossible to see these brokers recovering their high positions soon.
The leader of the March 2017 Top10 race is easyMarkets.
easyMarkets is an online forex and CFDs broker providing access to more than 300 global markets to clients from over 160 countries. The broker is regulated by both CySEC (The Cyprus Securities and Exchange Commission) and ASIC (Australian Securities and Investments Commission).
easyMarkets was established in 2001 as easy-forex and is headquartered in Limassol, Cyprus with offices in Shanghai, Sydney and Warsaw. In 2016 the broker rebranded to easyMarkets to reflect the fact that it had grown from offering trading on forex to trading on currencies as well as oil, gold, commodities, indices, CFDs, vanilla options and forex forwards.
easyMarkets’ accounts start from $100 and include a client success manager, basic education and platform tour as well as technical reports. VIP trading starting from $2500 and gives traders free trading signals, SMS market updates, higher leverage and direct contact with the dealing room among other great features.
The company’s clients can choose between the world renowned Metatrader4 trading platform and easyMarkets’ own platform which was launched in 2001 as the first web-based trading platform in history.
Trading conditions with easyMarkets include no slippage, leverage as high as 1:400, fixed spreads as low as 1.8 pips (1 pip for EU clients), guaranteed stop loss, negative balance protection and allow scalping and hedging. All this is backed up with an excellent customer support team which is available 24/5.
Among the latest hot offers of easyMarkets is “Freeze Rate”, a pioneering solution which allows a trader to freeze a desired rate before making a buy or sell decision, for free.
The ‘silver’ finisher of March 2017 is FXTM. This Cyprus-based brand was launched in 2010, with a unique vision to provide special trading conditions and elaborate 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 well-developed educational centers in the forex industry, FXTM shares trading knowledge with its clients so that they can get the most out of their trading experience. With a number of industry awards already received, FXTM continues to expand and enhance its business reputation.
In March FXTM has held a series of educational events in Malaysia and Indonesia, thus furthering its reputation of one of the leading fx brokers in the region.
The ‘bronze’ finisher of the March 2017 rally is FxPro, which is known as one of the key global online fx brokers with years of successful performance. What is more, the company has been a long-term Top-10 leader of the Forex-Ratings.com rating.
FxPro is regulated by Cyprus’ Securities and Exchange Commission (CySEC) and UK’s Financial Conduct Authority (FCA). The company operates as a Hybrid Agency Model broker, offering Negative Balance Protection and enabling clients to access top-tier liquidity.
Trading platforms offered by the broker include FxPro MetaTrader4, ECN FxPro cTrader,FxPro Multiterminal, FxPro Mobile Platforms. FxPro vault system provides prompt cash operations. FxPro ECN accounts start from $1,000. Hedging and scalping are allowed at FxPro.
FxPro offers superior solutions in matching orders and execution. FxPro operates as a Hybrid Agency Model broker, enabling clients to access top-tier liquidity and benefit from its No Dealing Desk intervention policy and Negative Balance Protection guarantee.
Trading assets and instruments offered at FxPro are plentiful. The company offers full-cycle services for all retail forex market segments, as well as trading with indices, futures, shares, metals and CFDs.
FIBO Group (Financial Intermarket Brokerage Online Group), the March 2017 4th place finisher, has been established in 1998 and is one of the oldest players in marginal Internet trading.
The key principles of operational work of this broker 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.
The 5th position of the March 2017 voting belongs to FXCM. This broker shows consistent and steady performance and for a long time remains one of the regular participants of the Forex-Ratings.com Top10.
FXCM is a major liquidity provider and a market maker. It has licenses from regulators registered in the US, UK, France and Australia. This company is on the short list of those who still offer its services on the US market. FXCM is a registered Futures Commission Merchant (FCM) and Retail Foreign Exchange Dealer (RFED) with the US Commodity Futures Trading Commission (CFTC). The broker offers forex, CFDs, and spread betting services.
FXCM offers competitive spreads on major currency pairs. Its 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.
The key offer by FXCM is NDD forex trading. FXCM features a variety of platforms to meet demands of various kinds of traders. The range of offered platforms includes the world’s most 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 the broker’s clients have permanent access to financial news, technical analysis and market overviews.
On the 6th step of the March 2017 ladder we see EXNESS, one of the leading investment companies. Generally, it offers services for private and institutional investments as well as for trading operations. EXNESS works with traders of all levels of experience and the company support is always at the ready to respond to the clients’ queries.
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.
Fort Financial Services, 7th place in March 2017, is a licensed international forex broker operating under a license IFSC/60/256/TS/14 issued by International Financial Services Commission of Belize. The broker has been launched in 2010 and now it has clients in more than 30 countries across the globe, with a priority given to such prospective regions as MENA and Asia Pacific.
The trading opportunities offered by Fort FS 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, stocks and futures.
FortFS 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).
For traders seeking a more advanced level of trading Fort FS offers a CQG platform thus giving a direct market access to more than 40 world top exchanges through a global network of united exchange gateways and servers.
The broker has recently introduced its new promotion “888 Bonus”. As from 3 April until 5 May 2017 all accounts with a balance of at least 150 USD (or the equivalent in another currency) are tol be credited with an extra amount in form of a percentage for every profitable trade closed. The profit gained from trading can be withdrawn at any time without restrictions.
HYCM is the 8th place finisher in March 2017. HYCM is a trading name of Henyep Capital Markets UK Ltd.Ð’Ð’ The company belongs to a global conglomerate working in currency trading and financial services, property, education, etc. in more than 20 countries across the globe. HY Group is registered and authorized in such important business jurisdictions as the UK, Hong Kong and United Arab Emirates.
The trading platforms offered by HYCM include MetaTrader4, Webtrader and HYRPO. The broker offers a variety of trading instruments: currency trading as well as trading energies (oil/gas), metals, commodities, equities, stocks, indices and many more.
It is possible to apply any of the offered trading tools from the same trading account. Trading accounts at HYCM start from $50 with leverage reaching up to 400:1, tight spreads on major currency crosses range from 0.5 to 2 pips. The spread can be both fixed and variable. The broker also features demo accounts for novice traders. HYCM clients can use automatic trading; expert advisors and such trading strategy as hedging are also available.
In March HYCM has announced the launch of the Loyalty Program, which implies exclusive rebates of up to $3 for every lot traded. The rebate is to be deposited directly into the trader’s HYCM account monthly. Cash rebate is available to the owners of any type of account: mini, standard and premium, provided that the trader has used their HYCM MT4 or WebTrader account.
Windsor Brokers, 9th place finisher in March 2017, is the newcomer of the Forex Ratings Top10. Windsor Brokers is licensed and regulated by CySec (Cyprus), EEA authorized by regulatory bodies of all EU member states.
The broker has been established in 1988 and after almost 30 years of operational work it remains one of the leading and pioneering online fx brokers in the region. At the moment of its launch Windsor was a small sized broker with only 5 employees and a selective number of clients primarily from the Middle East region. By the year 2007 the company already showed clear sign of expansion and has inaugurated its new headquarters, the Windsor Business Center, with more than 70 stuff members at that moment.
At present Windsor Brokers offers over 620,000 financial derivatives and assets including FX, Gold, Silver, Crude Oil, CFDs, DAX, Stocks, ETFs, Bonds, Options, FOPs, SSFs & EFPs, Mutual Funds and Warrants. These can be traded on the Windsor MT4 (Metatrader), the AMO (All Markets Online) or GWAZY platforms.
Windsor Brokers has recently launched new New MT4 trading account, moreover, it keeps offering competitive spreads. Traders now have the ability to trade micro, mini & standard lots under 1 account.
FXGiants is the broker closing Forex Ratings ‘best ten’ of March 2017. This company is an international online trading broker regulated by FCA. It offers its services to traders from 150 countries around the world. Having opened an account with FXGiants, a trader gets access to all trading platforms for both Windows and Mac operational systems, as well as for iOS and Android. And of course the broker offers MT4, the leading in stability and most popular trading platform.
In March the broker has come up with the new promotional offer, proposing its valued clients the exclusive 100% Bonus Maximizer. This new option allows the FXGiants’ traders maximize their trading potential.
Top 10 Forex Brokers in March 2017:
- easyMarkets (new)
- FXTM
- FxPro ↓
- FIBO Group ↓
- FXCM ↓
- EXNESS ↑
- Fort Financial Services ↓
- HYCM
- Windsor Brokers (new)
- FXGiants
Such were March 2017 voting results. However, in a month from now the list of the best-performing forex brokers may look completely different! With the beginning of every new month the past voting results are cleaned down from the homepage listing and are transferred to the archive. Along with this, the new ‘battle rattle’ for the top spots of the champions’ ladder begins on the 1st day of the month.
It is our site voting community that decides which forex companies deserve highest ranks, and which still have something to improve in their performance. Our flexible and interactive platform allows any broker be evaluated promptly and in accordance with its true merits. In fact, equally long-lasting and steady brokerages and newbie companies have chances to reach the top, yet it takes effort and great background to stay in our Top-10 list one month after another. Having a look at our Top regulars you will easily find out which brokers have earned real trust and popularity of the trading community.
Our key target is to help new forex traders find the right forex broker to trade with. Every broker featured on our site is shown to the traders in a multi-lateral and transparent manner, with its strong and weak points. The broker’s information is stored on Forex-Ratings.com on a permanent basis, so you can at any time refer to it. With the forex database we provide you can at any time be sure to have a picture of the fx market as objective as possible.
Our voting procedure is easy to participate and easy to comprehend. At any moment of time the brokers occupy a certain position based on the factual number of votes cast for or against them. Every vote matters and it adds to the overall monthly figure.
Forex-Ratings.com works daily to improve the quality of our interactive communication platform and to have it user-friendly, reliable and objective. We invite everyone to join us and thus make their voice be heard, to make forex trading online more conscious and more secure.