Masterforex-V Academy Names World’s Best Forex Brokers
Sat, 15 Sep 2018 10:43:00 +0000
There are quite a lot of FOrex brokers out there, which is why even FX experts may have a hard time finding one of the best representatives of the FX industry. Even a rookie understands that any serious business should combine the following things:
– Major licenses issued by major international regulators
– Tight spreads
– Timely withdrawals
– Guiding beginners
– High-quality services
– No slippage or software breakdowns
– Absence of non-market quotes
– Excellent support
– Positive feedback
– And so much more
Masterforex-V Rating. New Look at Forex Brokers
Some of those criteria are statistical – getting points for each year of working in the FX industry. This means, the older the company is, the more reliable it can be. They also include number of offices, serious licenses (a FSA license gives the broker 70 points, a CySEC license means 30 points, while a Mauritius license means only 5 points), and the number of prestigious awards.
There are dynamic criteria, which mostly depend on spreads (the wider they are, the fewer points they get), but also include positive and negative feedback etc.
Also, brokers can be fined for some bad habits, including refusing to pay profits to customers and being banned in certain jurisdictions.
It’s may sound surprising, but over the 10 years of existence, the Masterforex-V rating has predicted the ups and downs for most FX broker in the industry.
NordFx, Alpari, and Dukascopy are the 3 brokers leading the rating right now. These are the world’s best Forex brokers. They have been operating in the industry for many years and have already won the hearts and minds om millions of traders all over the world. They also offer some of the tightest spreads in the industry and enjoy the best client feedback.
As you probably know, NordFX is a broker licensed in the European Union. it has been operating in the Forex industry since 2008. According to pro-rebate.com, around 50% of Masterforex-V have opened several hundred accounts with NordFX ($1000 to $50000) and have been rating the company services really high (the average rate is 9,7 out of 10).
Alpari is one of the oldest and biggest Forex brokers out there. It was founded in 1998 and has been innovating and improving the industry ever since. The quality fo its services is confired by respected financial watchdogs like the British NFA.
Dukascopy Bank SA is a Swiss bank operating in the Forex and binary options industries. It offers some of the tightest spreads, personal bank accounts for winning traders in a Swiss banks, and so much more. it’s rated 9,3 out of 10. Traders’ funds are secured by the Swiss law.
These 3 brokers are followed by Fort Financial Services, FIBO Group, Interactive Brokers, Swissquote Bank SA, OANDA, FXCM, Saxo Bank, HY Capital Markets, FOREX.com, FxPro, and Forex club.
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