Forex broker ratings. Criteria for choosing a brokerage company

Order processing model

It is also possible to select a broker based on its model of working with client transactions and order processing model. Traders prefer to work with ECN brokers, who bring clients’ transactions to the so-called interbank market, where the counterparties to the trader’s transaction are the largest banks, funds and other large participants in the Forex market. And not the broker himself, as happens in “kitchens”, when a trader and broker have a conflict of interest, and the trader’s loss becomes the broker’s income.

For many traders, it is important to be able to use their funds more efficiently through leverage. You can also find out information about what leverage Forex brokers provide to their clients in our comparative table of the best brokers.

Risks and liability

The site administration is not responsible for inaccuracies in these companies and for the content of reviews. We are also not responsible for your possible profits or losses. The information is for informational purposes only, and you can find out more details directly on the website of the broker you have chosen. A novice trader must be aware that trading on the foreign exchange market involves the risk of losing all his money. Even an ideal broker does not guarantee the occurrence of unforeseen situations when trading.

Promotions, bonuses, competitions

If you want to increase the amount of your funds by using the bonuses that brokers give when a trader funds an account, or even if you want to try your hand at trading without depositing your own funds at all, taking advantage of a no deposit bonus, then you can find brokers who provide all this in a special section of our rating.

Also, for each broker, we provide up-to-date information about current and upcoming competitions on real and demo accounts, where everyone can try their hand and test their trading skills, and as a reward receive a real cash reward or even valuable prizes, such as, for example, luxury sports cars .

What do honest binary options give?

And finally, it should be said, WHY do you need to look for an honest BO broker? It is not for the sake of honesty, as such, that this is necessary. We are all, to a certain extent, mercantile and practical in life.

Thanks to fair trading on the right, proven sites, YOU CAN GET REAL PROFIT. If, without understanding the situation, you register on the website of the first broker you come across, you may end up simply losing your own money. Nobody will like this. Therefore, a responsible approach is required. There is no need to rush anywhere, because brokers and options are here to stay. A cool and thoughtful approach in this area is a kind of guarantee of success.

An honest broker guarantees STABLE PAYMENTS. They can be made in a different number of working days from the moment the application is created, but they are always guaranteed to be processed. Some unscrupulous brokers try to delay payments or not issue them at all. Therefore, the choice becomes extremely important.

A modern, honest binary options broker with a minimum deposit may be the ideal choice. Some brokers offer fairly large deposits, for example, one hundred or two hundred dollars. But not everyone can contribute them. This task will be especially difficult for beginners. If professionals have already saved a certain amount, they can register on such sites.

But for novice traders it is better to give preference to a broker that offers loyal deposit conditions. Most often it is equal to ten dollars. This is a relatively small amount. Moreover, if the broker also offers a virtual account, the risk to personal funds is reduced. You can try out the broker's capabilities through a demo account, and then start real trading.

Choose an honest broker and start earning money!

There are a huge number of brokers on the modern options market, some honest and some not so honest. IT’S UP TO YOU WHICH SIDE YOU CHOOSE.

My personal advice: never rush to conclusions and do not lose control of your emotions when choosing a broker.

Responsibility and lack of ardor will allow you to draw adequate conclusions and find an honest trading partner, which can ultimately bring stable success and income.

FAQ

How to choose a Forex broker?

To make the right choice, be guided by our rating and position in the ranking. This is influenced by the popularity of the broker, its reliability and feedback from traders.

How to open an account with a broker through ForexGid.Ru?

Choose the one you like and register.

Where can I read reviews of companies from the rating?

For this purpose, our website has a special reviews section where you can read them or leave your own.

Who is a Forex broker?

This is an intermediary through which you can trade on the international Forex market. Upon your order, a trading account is opened and software is provided for performing currency purchase/sale transactions. As a rule, this is MetaTrader4/5. Each broker has its own conditions for the minimum deposit and the leverage provided, as well as its own set of trading tools.

Is it better to choose a broker licensed by the Central Bank or a foreign financial regulator?

Of course, a license and a regulator must be required. The reliability of the broker depends on this, but it does not necessarily have to be a license from the Central Bank. Trading conditions can be much more favorable with companies with foreign regulation and, in fact, they are much more popular than Russian brokers. Many of them have been successfully operating in this market for more than 20 years and there is no doubt about their reliability.

Ilyushin Sergey / author of the article

Expert and editor-in-chief of the Forex Guide website. Graduated from YarSU named after. P. G. Demidov, majoring in economics in 2007. I have been investing in the stock market and IPOs since 2016. Practicing trader in the Forex market. Experience 5 years.

Forex broker rating 2022

We present an independent rating of the best Forex brokers from the FxTeam team. We have selected the most reliable global companies that work with the Russian-speaking audience: they have a website in Russian, and technical support responds to messages in the trader’s native language.

Of course, there is no ideal broker among the companies presented. Not because we didn’t look well, but because it doesn’t exist in nature. However, this is a rating of companies, and not just a list. In order to remove our subjective opinion from it and make it truly independent, we have introduced an online voting procedure.

If you have experience working with one of the proposed brokers, and this experience is positive, click the “Vote” button, thereby raising the position of the selected company in the ranking. If you come across a broker with whom you have not worked before, click on its name and read a detailed review from FxTeam experts.

Forex broker rating 2022

Before opening an account with a brokerage company, we suggest studying the rating of the best Forex brokers in the world, compiled by an independent team of experts FxTeam.

We ourselves are active traders and, of course, we have accounts with brokerage companies. We know very well that the journey of finding the ideal broker often turns into an endless story. It always seems like the grass is greener on the other side, spreads are lower, and execution is faster.

Based on experience, I can say that the first and most important thing is that you feel comfortable and calm with the chosen broker. So that your calls and letters are promptly answered, money is quickly withdrawn, and positions instantly appear on the market - and yes, so that they are not too far from the current price.

Everything else is lyrics and pleasant bonuses. Over time, you realize that there is nothing more important than the confidence that the company will not disappear anywhere with your money, that the platform will not freeze at the most inopportune moment, and that “suddenly” excess funds will not be written off from your balance (and this happens!).

All the broker ratings that we found on the Internet were, in fact, just lists listing all existing and more or less popular companies. However, in reality, after going to the site, it turned out that the Russian language is not supported, the verification process is as if we were applying for a job at a bank, and the only platforms offered are MT4 and MT5, and in the most basic variations. This may be enough for conservative traders, but advanced ones are sorely lacking modern features and a more convenient interface. Although, it comes down to taste and color, so we did not remove good companies from our rating just because they have a small selection of terminals.

But official licenses and reputation were, perhaps, the most important criteria that we focused on when compiling our own independent rating.

So, which broker is considered reliable? First of all, pay attention to the jurisdiction of official licenses

: this demonstrates the stability of the company and proves that its activities are recognized by several international regulators. It is very important to find information about audits on the website. According to the principles of transparency, all this should be freely available.

For example, one of the most reliable brokers in the world, FxPro, is regularly checked by the distinguished PricewaterhouseCoopers. One FxTeam employee has worked with waterhouses for five years and knows exactly how meticulous their approach to everything is. They will not work with any company: they value their reputation, as well as the broker who cooperates with them.

These aspects are not obvious to the average trader, but they are definitely worth paying attention to. If you cannot find such information on the company’s website, call technical support and ask. They are obliged to tell you all this; is not a secret.

Next, based on the rating of the best brokers from FxTeam, take a look:

• what trading platforms
  will be available to you after registering a trading account
• what size spreads
  you can expect (look for it in the Specifications section on the company’s website)
• and also what methods are offered to replenish your account
  and withdraw funds.

The broker's official website should have a section with commissions

for input and output: of course, it is most profitable for you if they are equal to zero.

Traders now expect brokers to provide them with access not only to the global foreign exchange market, but also to the metals, stocks, futures, cryptocurrencies, energy markets, etc. Of course, this does not mean that a company specializing only in Forex will not suit you. The point is that it is very convenient to track news on different types of assets and immediately, from a single account, open transactions for those classes that show significant volatility at a given specific moment.

Just imagine: from all the speakers they are shouting about oil, which is falling or suddenly growing sharply, and you only have a foreign currency account. It turns out you are missing out on opportunities! You shouldn’t artificially limit yourself if, on the contrary, there are options to expand your sphere of influence.

The best reliable brokers offer to open a single trading account, and do it online, without leaving your home, and immediately get the opportunity to open transactions on those assets that are most interesting to you at the moment.

Another important aspect that is worth paying attention to when viewing the rating of Forex brokers 2022 is the level of analytics provided

. There are companies that do not consider it necessary to share useful information with traders at all, and there are those who strive to create a friendly information environment for their clients. Here you will find reviews, webinars, articles, and e-books.

Here's an example: every day, popular Forex brokers provide FxTeam with market reviews, forecasts, recommendations and technical analysis. Such articles become a kind of support for traders and help them make informed trading decisions. As you probably noticed, among the most prominent authors are analysts from VTB 24, FxPro, TeleTrade, etc. Look for their materials on the pages of our website!

We also recommend reading reviews about brokers

on various major forums. However, you should remember that both negative and positive experiences of other clients do not guarantee that everything will turn out that way in your situation. Plus, companies are not above paying for negative reviews about their competitors, while simultaneously sweetening their own reputation. For this reason, all reviews that users leave for each broker on FxTeam will be pre-moderated. There are plenty of custom “experiences” on other sites; We will only have objective assessments, which we encourage you to do in advance.

As you understand, it is definitely worth focusing on the presented rating of good Forex brokers. Watch, read, but make a decision solely on your own, based on the objective factors listed above.

Do you represent a brokerage company and want your firm to be included in our rating? Well, we really might have missed someone!

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