Since the year 2006 Forex-Ratings.com continuously keeps on monitoring the activities of the leaders of the global currency trading. At the same time we keep an eye on the prospective new brokers and their special offers aiming at conquering the fx market. Our information is updated on a daily basis and is always available to our community members. We see our mission in provision of quality and reliable information to the individual forex traders so that they never feel lost and are able to understand at any time the advantages and weak points of the forex brokers they are trading with.
At the same time, we receive real-time and actual feedback from our community that consists of fx traders, journalists, market experts, and more. Our platform is ever-growing and it is open to anyone willing to share their practical knowledge on trading forex online. Forex-Ratings.com is a meeting point where any trader can express their opinion and discuss any aspects of forex with fellow traders.
On our site one can find any kind of actual forex information, including news, market reviews and analytics. The site also features a ‘Compare Brokers’ tool allowing traders to choose brokers by selected parameters by means of comparing various criteria which are now amounting to around fifty.
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 cast up to three votes “for” or “against” any of the listed fx brokers. All these votes count: their overall summary helps forming an objective picture of today’s trends of the forex market.
Here we are reviewing November 2017 top-ranked forex brokers as per our site’s voting results. The positions of HotForex (5th place), HYCM (6th place), FXCM (7th place) have improved compared to October, whereas the performance of Fort Financial Services (9th place) has deteriorated compared to October, yet the broker has managed to withhold its strong positions and keeps on fighting for the top positions of the rating. 24option has left the Top10 in November and has been replaced with the Forex-Ratings.com ‘best of the best’ list newcomer, Forex4you. Let’s wish all the Top10 good luck and new achievements on their track full of challenge and tough competition.
And now let’s see in further detail the best brokers’ performance in November.
The November 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.
In November easyMarkets has announced addition of Bitcoin to the array of its tradable instruments, which also means unlocking of many important MT4 features. Later during the month the broker has confirmed that BTC trading conditions initially offered by the company won’t change despite the rate fluctuations and the new heights of USD $10,000 reached by Bitcoin recently.
FXTM, the November 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 a few years FXTM has definitely 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 November FXTM has improved the service terms for its Vietnamese clients, having added NganLuong to the list of the payment methods available in Vietnam. Keeping up with its educational efforts and activities across the globe, in November FXTM for the first time in Taiwan has held a special seminar at the luxurious Westin 5-star hotel, in the heart of the financial district in Taiwan. The next day, FXTM Head of Education and renowned FX guru, Andreas Thalassinos, brought his popular Ultimate Trading Formula to speak in front of the Taiwanese participants in a 2-day workshop.
What is more, in November FXTM has added a new trophy to its 2017 mantelpiece. The broker was named ‘Forex Broker of the Year’ at the Global Investor MENA Awards 2017, as the sign of appreciation of the broker’s global reputation for integrity, transparency and perfect customer service.
FxPro, the ‘bronze’ finisher in November, 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 traders 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 is worth a special notice for its generous promotional activities, and up to date it has won multiple financial awards.
FIBO Group, the broker having taken the honorable 4th position of the November 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 November the broker announced new method to replenish trading accounts. From now on, traders can make deposits on their accounts with the basic currency of Bitcoin. This means fast and easy depositing of the crypto currency into the trading account opened in BTC. At present BTC as the basic currency is available for FIBO Group clients exactly on the MT4 NDD No Commission trading accounts. This service is available in all jurisdictions where it is possible to make a transfer from the Bitcoin wallet via any payment service.
HotForex, the 5th position finisher in November, has demonstrated brilliant performance during the last autumn month having jumped from the 9th position in October four steps up in practically no time. In the long run, HotForex 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.
HYCM, 6th place in November, is yet another big name in the November 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.
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.
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.
FXCM by right withholds the 7th step of the November rating for the second month in a row. 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. 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 and spread betting services. 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.
FXCM is also worth noticing for its 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.
XM.com, the 8th position finisher in November, 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 November XM has announced the expansion of its cryptocurrency CFD portfolio with the addition of the alt-coins Ether, Litecoin, Dash, Ripple as underlying assets.
They can be traded against the USD on the MetaTrader 5 platform client accounts. Similarly to the BTC/USD CFDs that were launched earlier this year, the new instruments can be traded with a leverage of up to 1:5 and a minimum trade size of 0.1 lots.
In November XM also has taken part in the ITForum in Milan as one of the key exhibitors and introducing its newly released products.
Fort Financial Services has finished the November 2017 rally on the 9th 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.
In November FortFS has announced its plans of the soon launch of the special deposit crypto-accounts, as well as the deposits and withdrawals of Bitcoin, Ethereum and other crypto currencies through payment systems.
Forex4you is the newcomer of the Forex-Ratings.com ‘best of the best’ list and by the results of the November 2017 rally it takes the 10th position so much coveted by many brokers.
Forex4you offers trading in forex, commodities, stocks and indices by means of the MT4 platform, Forex4you webtrader and Forex4you mobile platform. The broker sees its mission in providing excellent online currency trading services for retail clients in terms of quality and low investment requirements.
Forex4you is a brand of E-Global Trade & Finance Group, Inc. and is registered in the British Virgin Islands. The broker is authorized and regulated by the FSC under the Securities and Investment Business Act, 2010 License#: SIBA/L/12/1027.
Top 10 Forex Brokers in November 2017:
- easyMarkets
- FXTM
- FxPro
- FIBO Group
- HotForex ↑
- HYCM ↑
- FXCM ↑
- XM.com
- FortFS ↓
- Forex4you (new)
Such are results of the November 2017 voting. However, before the year 2017 is over the entire configuration may turn out to be completely different, and this depends a lot on every vote cast before the 1st of January, 2018.
To ensure fairness and reliability of the current voting results the statistics of the previous is automatically moved to the site’s archive upon the expiry of the month. On the first day of every new month the voting starts from ‘zero’ point, and this is why regular voting and reviewing of the fx brokers activities on our site makes real sense.
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.
The voting procedure is easy and comprehensive. 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.
The brokers listed on Forex-Ratings.com are available for a direct contact. Any registered site visitor can expect a prompt and competent answer right from the source, which is quite a unique feature not to be met too often online. Our data array allows site visitors to figure out all the crucial operational aspects for any forex broker listed. All the information about the brokers is carefully stored on our site, so it can be referred to at any time when necessary.
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