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Forex-Ratings.com also is remarkable for its efficient social ranking instrument which has become extremely popular among our site visitors, - monthly voting.
Briefly speaking, the registered site visitors can vote up to three times during every 24 hours for or against the forex brokers listed on the site. Correspondingly, the position of any listed broker may change frequently within a short timeframe, or it can remain the same for a long period of time based on the support of the positive voters.
We believe that the day-by-day work we do helps a lot in improving of the quality of the services offered by the forex brokers offering their services all across the globe.
In this review we present the September 2017 Forex-Ratings.com Top10 voting results.
Let’s also have a glance on the dynamics of the positions of the toppers. Positions of HYCM (5th place) and Fort Financial Services (7th place) have improved compared to the previous voting month of August; at the same time, FXCM (6th place) and HotForex (8th place) have lost some points, yet they withhold the much-coveted positions of our Top-10 also in September.
The leader of the September 2017 Top10 race is easyMarkets. This 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 2017 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.
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.
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.
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.
The ‘runner-up’ of September 2017 is FXTM. This Cyprus-based brand was launched in 2010, with a unique vision to provide special 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.
Speaking of the latest FXTM’s activities, one of the most remarkable one was a 3-days workshop on August 30th - September 1st in Yerevan, Armenia. It has been held by FXTM’s Head of Education, Andreas Thalassinos who arrived to present his Ultimate Trading Formula. Andreas Thalassinos is known as one of the industry’s leading trading instructors.
Moreover, in September FXTM has introduced to its clients the option to trade cryptocurrency CFDs against the U.S. dollar. At present they are three, Bitcoin, Ethereum and Litecoin, yet this range is to expand in the near future.
The ‘bronze’ finisher of September is FxPro, which is known as one of the key global online fx brokers with years of successful performance and a long-term leader of Forex-Ratings.com Top10 during a number of the previous months. 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.
FxPro vault system provides prompt cash operations. FxPro ECN accounts start from $1,000. Hedging and scalping are allowed at FxPro.
Trading platforms offered by the broker include FxPro MetaTrader4, ECN FxPro cTrader,FxPro Multiterminal, FxPro Mobile Platforms. 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.
It is certainly worth noticing that 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.
The 4th place in September goes to FIBO Group (Financial Intermarket Brokerage Online Group). This broker 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.
FIBO Group is constantly improving its educational programs, by offering unique analytics and webinars to the clients, giving training workshops around the world.
In September 2017 FIBO Group has introduced automated trading, the service allowing traders to copy operations of other traders being signal providers. A signal is an order to buy or sell. These orders can be opened manually, yet the main signal providers are trading robots.
The 5th place finisher of September 2017 is HYCM. This is a trading name of Henyep Capital Markets UK Ltd.
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 UK, Hong Kong, United Arab Emirates, and key business jurisdictions.
The broker’s trading platforms include MetaTrader4, Webtrader and HYRPO. 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.
HYCM 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.
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.
The 6th step of the September 2017 ladder belongs to FXCM. 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 is a major liquidity provider and a market maker and a market maker. It has licenses from regulators registered in the US, UK, a number of European countries, Hong Kong and Australia.
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.
The 7th step of the September 2017 ladder is taken by Fort Financial Services. 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.
HotForex, 8th place finisher in September 2017, is a a company with a 10-years’ history of active work on the forex market (established in 2007). It is headquartered and regulated in Mauritius.
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.
HotForex guarantees its customers access to interbank spreads and liquidity through the most modern automated trading platforms and trading technologies.
FBS, 9th place in September 2017, is a forex broker launched in 2009. As of now, it has offices in 8 countries around the world. FBS features the MetaTrader 4 and MT Mobile forex online trading top platforms. The broker works with 29 forex pairs, gold, silver, other metals, and CFDs for investment and trading options. The client support is provided in 13 languages.
24option is the broker closing Forex Ratings ‘best ten’ of September 2017. Established in 2010, the company offers CFDs/FX trading to novice and seasoned traders alike. 24option features an elaborate education center, 24-hour support, quick account verification and personal account managers. Regulated by CySEC and registered with numerous regulatory bodies in order to provide their clients with a transparent and unique trading experience.
With the 24option trading platform one can trade on a large list of assets; including currency pairs (forex), crypto currencies, stocks, indices and commodities. 24option allows deposits in numerous currencies and methods including credit/debit cards, wire transfer, Skrill, Neteller and Webmoney, and offers next business day withdrawals. The minimum deposit is $250, they offer competitive spreads and have leverage options up to 400:1.
24option offers over 100 underlying assets to trade CFDs on, including exotic currency pairs, major commodities, popular stocks, indices and crypto currencies. The website and customer support is multilingual and is available on a 24/7 basis.
Top 10 Forex Brokers in September 2017:
- easyMarkets
- FXTM
- FxPro
- FIBO Group
- HYCM ↑
- FXCM ↓
- Fort Financial Services ↑
- HotForex ↓
- FBS
- 24option
These were September 2017 voting results. However, in a month it may turn out that the list of the Top-10 performers of Forex-Ratings.com will be completely different! According to our site’s voting algorithm, at the beginning of every new month the previous voting results are reset and the voting marathon starts from scratch, giving equal chances to all the listing participants to reach the top positions.
The voting procedure is simple and transparent. Any vote cast for/against any of the listed brokers is to be taken into account. The summary of all the votes shapes the final monthly chart. In fact, our active site voters are those who indicate which forex brokers are best-performing companies of today, and which still need more support from their clients.
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