Forex-Ratings.com keeps on its operational work as a forex data hub since 2006. We regularly and continuously accentuate the most important trends of the present-day global forex market. We rate the most important fx brokers offering their services worldwide. Our team has developed a broad range of assessment instruments, and we take pride in our quality content provided directly by the forex companies.
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In this review we introduce the forex brokers who have finished the year 2017 with a triumph, having received enough positive feedback from our audience to be able to enter the circle of the “chosen 10”, i.e. of the Forex-Ratings.com Top10.
easyMarkets, the leader of the December Top10, 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. The company 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.
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.
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.
easyMarkets features forexAffiliate, one of longest running financial affiliate programs in the industry, which attracts referrals for almost 20 years now.
The runner-up of the December race 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 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.
Among the company’s online achievements of 2017 are improvements of the client support service: now the Live Help feature is more user-friendly and available in multiple languages.
FxPro is the December 2017 ‘bronze’ finisher. The company was established in 2006 and is headquartered in Cyprus. FXTM is our long-term Top10 leader and a classic brokerage company with years of active work on the forex market. The company is an industry veteran, as it has been established in 2006.
Trading platforms offered by the broker include FxPro MetaTrader4, ECN FxPro cTrader, FxPro MultiTerminal, FxPro Mobile Platforms. FxPro vault system provides prompt cash operations. Hedging and scalping are available for FxPro clients. As an NDD broker FxPro offers top-tier liquidity and superior execution technology.
Trading assets and instruments offered at FxPro form a broad assortment to choose from. FxPro ECN accounts start from $1,000. However, FxPro offers not only currency trading but also trading equities, spot metals, index futures, commodity futures and energy futures. FxPro offers price feeds and tight spreads to its clients, which makes futures trading with the broker comfortable and handy.
The 4th position of the December 2017 listing has been won by FIBO Group. Financial Intermarket Brokerage Online Group has been established in 1998, which makes this forex company one of the oldest players in marginal Internet trading.
All the services offered by the FIBO Group holding meet the international standards and all the applicable regulatory norms. In its day-by-day work FIBO Group sticks to the principles of strict compliance to the applicable laws and orders issued by the national regulators as well as protection of the clients’ interests.
HotForex is the broker having taken the 5th line of the December rating on Forex-Ratings.com. This is 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.
HYCM, 6th position in December, 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 several other globally recognized 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, 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 also available. HYCM also features demo accounts for new forex traders.
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 are able to use any of the offered trading tools from the same trading account.
FXCM, 7th place in December, is known as one of the well-reputed companies operating on the global forex market. The broker traces its history from 1999.
FXCM is headquartered in New York and is one of a limited pool of big forex brokers working with US clients. The company is licensed in the US, UK, a number of European countries, Hong Kong and Australia. The client support of FXCM clients is delivered in ten languages including Arabic, Chinese, Portuguese, Russian and Spanish.
FXCM features a selection of trading platforms, including, along with the world’s most popular MetaTrader4, such in-house products as Mirror Trader, FXCM Active Trader, FXCM Trading Station Desktop, FXCM Trading Station Web and FXCM Trading Station Mobile. All the FXCM platforms provide constant access to the latest financial news, technical analysis and market reviews.
FXCM offers not only currency trading, but also trading on stocks, metals and energy assets. The company is considered to be one of the major liquidity providers and market makers. It works with individual traders as well as institutional entities.
XM.com is the 8th place finisher in December. 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.
Forex4you, 9th place in December, is quite new in the Forex-Ratings.com rating, yet for the second month in a row it proves its right to be among the Top10 leaders.
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.
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.
Fort Financial Services is the broker closing Forex Ratings ‘best ten’ of December 2017. This is an international forex broker operating under a license IFSC/60/256/TS/14 issued by International Financial Services Commission of Belize. FFS traces its operational history from 2010 and has clients in more than 30 countries worldwide.
The trading opportunities offered by FortFS are specifically adapted to MetaTrader4, the world’s most sought-after 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 Financial Services 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.
Fort Financial Services offers a broad range of tradable contracts available among top 50 brokers of the world. Available are hundreds of contracts to trade on forex, binary options, CFD contracts (oil, gas, commodities, precious metals, stock indices, ETF contracts, currency futures and many more).
Top 10 Forex Brokers in December 2017:
- easyMarkets
- FXTM
- FxPro
- FIBO Group
- HotForex
- HYCM
- FXCM
- XM.com
- Forex4you
- FortFS
Such were the December 2017 voting results. However, within a month the results of the brokers’ performance may turn out to be very different. According to the voting procedure elaborated by Forex-Ratings.com, every 1st day of the new month is the time when the race to the top is resumed from ‘zero’. That is, all the listing participants have a chance of climbing to the very Top of the listing.
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Let’s see who is to become the Forex-Ratings.com top leader as the year 2018 breaks in!