For over 11 years of its ongoing activity Forex-Ratings.com keeps track of the top-class forex companies as well as of the prospective new brokerages that have entered the market not so long ago. We renew our database day by day, and are always open to share the collected information with our community members. We deem it important to provide forex data as objective and transparent as possible, so that forex traders clearly understand the strong and the weak points of the companies currently working on the global forex market.
Here we are reviewing June 2017 top-ranked forex brokers as per our site’s voting results. Compared to the previous voting results of May 2017, the rating has been 20% renewed.
The May ‘gold’ and ‘silver’ finishers, easyMarkets and FXTM, have managed to secure their steady positions. The third step of the pedestal is now taken by FIBO Group which has managed to climb one step up compared to May. The newcomers of the June 2017 chart are HotForex (8th place) and XM.com (10th place), whereas Windsor Brokers and Grand Capital have left the Forex-Ratings.com Top10 for now. We keep an eye on this disposition and will have a look whether any serious changes are going to take place in midsummer.
And now let’s see in further detail which brokers have earned the much coveted Top positions.
The June topper is easyMarkets. This is an online forex and CFDs broker that provides access to 300+ global markets and works with clients worldwide, from over 160 countries.
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 is regulated by both CySEC (The Cyprus Securities and Exchange Commission) and ASIC (Australian Securities and Investments Commission).
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 are able to choose between the globally famous MT4 trading platform and easyMarkets’ own platform which has been 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 June promotional activities of easyMarkets was sponsoring of the high school pupils of Limassol who have participated in the pan-European math competition in Bucharest, Romania, and have earned one of the top places.
FXTM, the June runner-up, is a Cyprus-based brand launched in 2010. The company provides tailored trading conditions and all-encompassing 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 elaborate educational centers in the forex industry, FXTM is empowering its clients with trading knowledge so that they get the most out of their trading experience. With multiple industry awards already received, FXTM continues to grow and build its perfect business reputation.
In June 2017 FXTM has been one of the remarkable participants and a platinum sponsor of the Brokers Show Expo in Shanghai. Right after the event FXTM has been hosting two educational events dedicated to its special Ultimate Trading Formula.
For its clients in India FXTM in June has introduced yet another convenient payment method, Globepay. Using it the Indian traders are able to fund instantly their accounts in USD, EUR or GBP.
In Vietnam in June FXTM Partners have opened a new training centre in Ho Chi Minh, as part of the company’s mission to provide traders and investors across the globe with free, world-class education.
FIBO Group, the broker having taken the ‘bronze’ position of the June pedestal, is a company offering currency trading services since 1998. This is one of the oldest companies in the field of the marginal Internet trading.
The basic 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.
FIBO Group is constantly improving its educational programs. The broker offers quality analytics and webinars to its clients and runs training workshops worldwide.
In June FIBO Group has introduced its PAMM-agent program, which is a partnership program designed to attract investors into a PAMM. Managers share their remuneration with agents who bring new investors.
Also in June the broker has introduced cTrader NDD account trading conditions improvement. They now include: leverage increase of up to 1:400; minimum deposit sum reduction to $100; new Stop Out level of 20%; and addition of EUR as a new account currency.
FxPro, 4th place in June, is one of the Forex-Ratings.com renowned rating leaders. The company offers a large number of instruments and trading assets, such as index futures, equities, commodity futures, energy futures and spot metals.
FxPro clients have a wide choice of trading platforms, such as customized versions of MetaTrader4, cTrader, WebTrader, MultiTerminal, Mobile Platforms and ECN FxPro cTrader. The competent FxPro customer service deserves a special praise, as it is one of the best in the fx industry. FxPro has won multiple financial awards during years of its work on the market.
FxPro is also remarkable for its promotional activities. In June 2017 FxPro has signed a three-season deal to become the Official Main Club Partner and front of shirt sponsor of English Premier League club Watford FC, starting at the beginning of the 2017/18 season.
FXCM, 5th place position in June, has improved its rating position compared to May 2017. The company demonstrates consistent and steady performance and for a long time remains one of the frequenters of the Forex-Ratings.com Top10 participants.
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.
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.
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.
HYCM, 6th place in June, is yet another big name in the June Top10. 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.
The trading platforms offered by include MetaTrader4, Webtrader and HYRPO. Trading accounts at HYCM start from $50 with leverage reaching up to 400:1, and tight spreads on major currency crosses range from 0.5 to 2 pips. The spread can be either fixed or variable. HYCM traders are allowed to use automatic trading. Hedging and expert advisors are available too.
HYCM offers a variety of trading instruments: currency trading as well as trading equities, commodities, indices, stocks, and this list is not complete. HYCM traders have access to any of the offered trading tools from the same trading account. Demo accounts for beginners are also available.
Fort Financial Services has finished the June 2017 rally on the 7th position. This 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’s operational history has begun in 2010 and now it has clients in more than 30 countries across the globe.
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).
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.
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.
FortFS pays due attention to the security of the trading operations of its clients, and in June it has announced that after October 1st, 2017, Windows XP/2003/Vista will no longer be supported by all modules of the MetaTrader 4 platform. The operating system is considered to be completely outdated now, as Microsoft stopped supporting it in 2014. It needs to be specifically mentioned that Windows XP features a number of dangerous vulnerabilities, one of which was recently revealed by the WannaCry encryptor.
HotForex, 8th position finisher, has returned to the Top10 after a month’s break. However, in a long run this broker is one of the frequenters of Forex-Ratings.com charts. The company is headquartered and regulated in Mauritius, it tracks its history from 2007.
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 PAMM system, HotForex MT4 Terminal, Hot Webtrader, Hot iPhone & Smartphone Trader, and Hot Android. The highly competent HotForex support service is available worldwide 24/5.
EXNESS, 9th place in June 2017, is one of the leaders in investment providing services for effective private and institutional investments as well as for trading operations. EXNESS works with clients of all levels of knowledge and the company support is always there to resolve clients’ issues.
In June EXNESS has announced that its UK entity, Exness Europe Limited (EEL), has had received approval from the FCA to upgrade its permissions to a full scope, "IFPRU €730k" license. This means the company can now trade with its clients without the matched limitation. Having acquired its full scope license, EEL is set to expand its global reach by becoming fully operational in the coming months.
Earlier this year, in March 2017 the broker has announced a a record-breaking $313.7 billion trading volume, which has brought EXNESS to the range of the world's leading forex brokers.
XM.com is the company closing the June 2017 Top10. XM.com is a trading name of Trading Point Holdings Ltd, which wholly owns Trading Point of Financial Instruments Ltd (Cyprus) and Trading Point of Financial Instruments Pty Ltd. (Australia). XM.com offers trading in forex, CFD’s and futures through the MT4 Platform.
XM clients have direct access to the financial markets in over 100 financial instruments including forex, equity indices, precious metals, and energies, with transparent real-time pricing, lowest spreads, and flexible leverage.
In June 2017, just one month after attending the Money Summit & Wealth Expo 2017 in Taguig City, XM returned to the Philippines, and this time with a free forex trading seminar organized in the City of Manila.
In June XM has also taken part in an important and successful charity mission across Nepal, together with the NGO Rhea Foundation.
Ð’ Top 10 Forex Brokers in June 2017:
- easyMarkets
- FXTM
- FIBO Group ↑
- FxPro
- FXCM ↑
- HYCM ↓
- Fort Financial Services
- HotForex (new)
- EXNESS
- XM.com (new)
Such are results of the June 2017 voting. In July the entire configuration may turn out to be completely different, and this depends so much on each and every vote cast during the month.
Our site is a meeting point where any trader can express their opinion and discuss any aspects of forex with fellow traders.
To ensure fairness and reliability of the current voting results the statistics of the previous is automatically transferred to the site’s archive upon the expiry of the month. On the first day of the new month the voting starts from ‘zero’ point. This is why regular voting and reviewing of the fx brokers activities on our site makes real sense.
Every registered Forex-Ratings.com visitor is able to post on the site as well as to vote on a regular basis: within 24 hours an individual can give up to three votes “for” or “against” any listed fx broker. All these votes are being taken into account: their overall summary helps forming an objective picture of today’s trends of the forex market.
The community of traders on Forex-Ratings.com has a wide range of means to define which brokers of today deserve top positions for excellence in performance, and which are to be considered cautiously before entrusting them the funds.
