Best Forex Broker

I you search the answer to the question “What is the best Forex broker?” you are in the right place. This is actually an unexpendable connection between a private trader and the currency exchange market….

Total nominees: 7
FxPro   NordFX   OctaFX   Vantage FX   HYCM   FXTM   INGOT Brokers  
Best Trading Platform

Successful forex trading pretty much depends on the right choice of a trading platform.  No matter in favor of which trading platform a particular trader decides, all of the platforms are supposed to comprise basic…

Total nominees: 4
Ayrex   FxPro   Admiral Markets   ActivTrades  

Forex Awards Winners 2016

Forex Brokers Rating - Top Rated Forex Brokers

Forex Broker Regulation Type Min. Deposit 1st Deposit Bonus Leverage Status Open account
FxPro review
CySEC, FSA Broker, MM, ECN, STP $500 No 500:1 Live Account  Demo Account 
NordFX review
CySEC (Cyprus), FSC (Mauritius), IFSC (Belize), SEBI (India) Broker, STP/ECN, NDD $5 No 1000:1 Live Account  Demo Account 
OctaFX review
FCA Broker, ECN, STP $5 yes 500:1 Live Account  Demo Account 
USGFX review
ASIC, FSP Broker $100 Yes 500:1 Live Account  Demo Account 
Vantage FX
Vantage FX review
ASIC Broker, ECN, STP $100 Yes 500:1 Live Account  Demo Account 

Binary Options Brokers Rating - Top Rated Binary Options Brokers

Binary Broker Regulation Headquaters Min. Deposit Bonus Payouts Status Open account
Anyoption review
CySEC Limassol, Cyprus $100 Up to 20% up to 71% Live Account  Demo Account 
Ayrex review
Pending St. Kitts and Nevis $5 Coming soon: 50% bonus for deposits via Neteller up to 85% Live Account  Demo Account 
Optionyard review
Not regulated Limassol, Cyprus $200 up to 100% on first deposit up to 85% Live Account  Demo Account 
Banc De Binary
Banc De Binary review
CySec, MiFID, FSA, FSB New York, USA $5000 Up to 500% up to 88% Live Account  Demo Account 
Empire Option
Empire Option review
Not regulated Uruguay $100 Up to 500% up to 88% Live Account  Demo Account 

Forex Awards - Rating of Forex and Binary Options Brokers

Access to the Forex market where the assets with absolute liquidity (currency) are traded, is performed through dealing centers (brokers) and some commercial banks, which provide broking services. Forex brokers and investment companies provide traders with a complex of recommendations on the strategy and tactics of margin trading. The basis of these recommendations, which are focused on the improvement of the trader’s profitability and, accordingly, the broker’s profitability – consists of three pillars of trading: fundamental and technical analysis, research and forecasting of market conditions. Independent entry to the Forex market, as well as to other exchange-traded markets for the private investor is almost impossible for a variety of causes (the need to go through many complicated administrative procedures, high standards of capital adequacy and investment amount, etc.), and all that predetermines the advantage of financial institutions – dealing centers and banks, which have foreign exchange license, in this market. The days when banks had monopolistic dominance and most power in the Forex market, are a thing of the past.

Nowadays, in the year 2015 large forex companies perform registration and licensing process mostly on their own, and individual investors desiring to earn speculative transactions mainly refer to numerous brokers, which provide them 24-hour access to the Forex market and a range of support services for the appropriate fee. In our Forex broker rating the most experienced and having leadership by volume of transactions, performed by individuals, by number of active customers and by total turnover, market makers, and new brokerage companies. The purpose of the compiled ranking, we see in assisting the trader in making his decision on the choice of a future brokerage partner on the basis of open research and objective evaluations.

Choice of Forex and Binary options Brokers

The choice of a brokerage company and Forex trading platform is determined by needs and preferences of traders. One of the competitive advantages, having a decisive influence on consumer preference of traders, and, consequently, on the position in the rankings, is the provision by brokerage companies (brokerage houses) of  the most complete package of quality information and related services for beginners and professionals (rating of forex brokers), operating in the relevant market. For  new traders that means conducting a full-scale market research, publication of recommendations and providing access to the Forex trading simulators in order to train traders in applying and combining trading products. For professional Forex traders the leading brokerage firms prepare recommendations of a higher order with regard to the sufficient level of training of the relevant audience, without paying significant attention to the materials of the technical and organizational character.

The availability of broadband access to the Internet and the increase in the overall level of financial literacy of private investors provides them the opportunity to be timely informed about the news, economic and political signals, technical analysis data, which, being taken together, allow traders to make the correct market position. The similar situation is in the sphere of activities of binary options brokers and brokers specializing in securities, where the setback from trade through banks and other organizations and the transition to modern retail operators are observed. We recommend you to try binary options trading because this type of trading tool is able to bring considerable profits with clearly defined loss in a very short period of time.

The choice of Forex and binary options broker is performed according to evaluations of the  number of criteria grouped by cluster characteristics: global forex broker awards, position in the forex brokers ranking, broker's website (multi-language interface, training materials), registration (first callback after registration, variety of types of accounts and the ease of use and the deposit currency), trading (usability of graphs, presence/absence of lag, availability of a mobile version, number of assets, options profitability,  minimum investment, return on losing deal, availability of a demo account), support (customer service, communication with customer service, language and literacy support service, responsiveness, professionalism, bonuses and promotions), withdrawal of funds (withdrawal methods and duration), etc. It should be mentioned that granting broker awards and awarding positions in Forex broker rating can in some cases be complicated by the interference of subjective factors.

The Forex brokers rating 2015, presented here, is based on our studies of these group characteristics and evaluation criteria, and that allows you, by referring to it, to start working with one of the brokerage firms, to test the proposed trading tools and to choose the best of the best broker.