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April 2018 Best Forex Brokers: The Competition Picks Up Steam

For many years in a row Forex-Ratings.com is continuously monitoring the activities of the headliners of the currency trading market. Along with this, we give due attention the prospective fx and binary options brokers and their marketing policies and strategies aiming at winning the global market. We upload the new financial information on a regular basis and make it immediately available for our site community. Our objective is to provide well-based and timely information to private fx traders to help them have a better idea of the advantages and limits of the forex brokers they entrust their money to.

A private trader new to our site will immediately discover availability of all kinds of the necessary information necessary for currency trading, such as latest news, profound and multilateral market reviews and analytics. We also offer a ‘Compare Brokers’ instrument, which allows selecting one broker of several by indicating the operational parameters of primary importance. The number of criteria to take into consideration now amounts to about fifty. 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 whenever necessary.

Giving all these tools to our site community, we at the same time receive real-time and up-to-the-point feedback from the site visitors. Who are they? Not only individual traders, but also financial analysts, currency experts, bloggers, etc. The traffic of Forex-Ratings-com is diverse and ever-increasing. We’re open to anyone who is ready to express their opinion on forex trading online. Our site is a hub where private traders can meet with fellow traders and contact immense currency trading entities directly and to receive a timely and competent response. This is a feature not too often to be met online.

Another greatest advantage of Forex-Ratings.com is its voting instrument. Every registered site visitor is able to vote on a daily basis: within 24 hours an individual can cast up to three votes for/against any of the listed fx brokers. Each vote counts, and their overall summary aims at forming the clear picture of today’s trends of the currency exchange market.

Here we are reviewing April 2018 top-ranked forex brokers as per our site’s voting results. Compared to one month ago, AMarkets has left the Forex-Ratings.com Top10, yet we are now welcoming Alfa Forex, a new prominent participant of the ‘best of the best’ April chart.

The April 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 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.

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.

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. Along with its other strong points, easyMarkets boasts a high-class customer support service which is available 24/5.

In April 2018 easyMarkets has launched its renewed website, with a simplified but comprehensive design. The fresh version of the site is optimized from all points of view, including content, functionality and visual components.

FXTM, the April runner-up, is a Cyprus-based brand launched in 2010. The company provides tailored trading conditions and all-encompassing educational tools for its clients.

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 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.

In April 2018 FXTM has launched the MT5 Pro for advanced traders. MT5 Pro is among the first in the industry to offer very attractive conditions on the popular MetaTrader5 platform.

Some of the advantages of the MT5 Pro include: No commissions; flexible floating leverage from 1:25 to 1:200; spreads on EURUSD averaging from 0.2 pips; unlimited number and volume of orders; ultra-fast market execution; no requotes.

At the end of April FXTM has presented a new educational event of the Ultimate Trading Formula series sponsored by FXTMPartners. It was held in Pakistan and consisted of the seminar/workshop program in Islamabad City and Lahore. The traders of all levels of experience had a chance to learn new approaches and strategies in currency trading from the renowned industry experts.

HYCM, the ‘bronze’ finisher in April, belongs to a global conglomerate working in such fields as currency trading, 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.

FxPro, the broker having taken the honorable 4th position of the April pedestal, 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. FxPro is worth a special notice for its generous promotional activities, and up to date it has won multiple financial awards. The broker’s competent customer service deserves a special praise, as it is one of the best in the fx industry.

Since 2017, as part of a long-standing commitment to providing traders with comprehensive educational material, FxPro has introduced the Learn from a Pro series of trading webinars and seminars. During the first months of 2018 the Learn from a Pro series continues to expand its scope. Thus far it included seminars in three countries, and webinars in Arabic, Chinese, Russian, German, Spanish and Italian, as FxPro keeps on assisting traders worldwide to develop their skills and knowledge of the global financial markets.

FIBO Group, the 5th position finisher in April, 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.

FIBO Group is constantly improving its educational programs. The broker offers quality analytics and webinars to its clients and runs training workshops worldwide. All the services offered by the FIBO Group holding meet the international standards and all the applicable regulatory norms.

In April 2018 FIBO Group has introduces a new payment system named IMPAYA for clients from Latin America. This payment system is a bank card processing and allows making transfers in USD.

FXCM, 6th place in April, is yet another big name in the AprilTop10. 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.

Along with this, FXCM is 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 by right holds the 7th step of the April rating. 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.

Keeping up with its world-wide educational activities, in April 2018 XM.com has held a number of trading seminars in Hungary, Thailand and Philippines. On 13-14 April, XM has participated in of the most significant financial exhibitions in Germany: Invest Trade Fair and Congress for Finance and Investment, which took place on the premises of Messe Stuttgart.

Fort Financial Services, the 8th position finisher in April, 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.

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.

In general, 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 leverage offered by the broker is 1:1000, as it is registered outside the European Union/UK, where the maximum available leverage is 1:30. Needless to say, the leverage amount is a significant competitive advantage of FortFS.

AlfaForex is the Forex-Ratings.com Top10 newcomer. It has finished the April 2018 rally on the 9th position. This is a major global broker focused on clients from the CIS and European Union. The broker provides its customers with fast access to the financial markets. The broker takes pride in offering a wide range of financial instruments and reliable IT solutions to both its private clients and institutional counterparties.

The interests of the AlfaForex traders are secured by the provisions of CySEC (The Cyprus Securities and Exchange Commission). The broker keeps on developing new products and improving its financial products.

HotForex is the broker closing the ‘best of the best’ April check-list, having finished the month on the 10th position.

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.

Top 10 Forex Brokers in April 2018:

  1. easyMarkets
  2. FXTM
  3. HYCM
  4. FxPro
  5. FIBO Group
  6. FXCM
  7. XM.com
  8. FortFS
  9. AlfaForex (new)
  10. HotForex

Such were the results of the April 2018 voting. However, upon expiry of the next month the entire configuration may look absolutely different. Every vote cast during the month may choose the entire disposition significantly.

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.

To ensure fairness and reliability of the current voting results, with the beginning of the new month the statistics of the previous period is automatically transferred to the site’s archive. On the first day of every new month the voting starts from ‘zero’ point, and this is why regular voting and reviewing of brokers’ activities on our site make sense.

With Forex-Ratings.com you can regularly post your reviews on forex trading, interact with fellow traders and contact officials of the listed forex brokers directly.

All the information published on Forex-Ratings.com, including news, analytics and public opinion, adds to daily the panoramic picture of the forex trading online. Join us and weigh in on shaping the online forex market of today and tomorrow!

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